We’re now at the one-year anniversary of the start of pandemic-driven shutdowns that still reverberate today. A year later, there’s some aspect of the pandemic we’re all tired of. For many, however, it could have been worse. For some, they’re better off. According to the latest Fed data, household net worth hit a record $130.2 trillion in the final quarter of 2020.
That’s thanks to rising stock prices, rising real estate prices, and even other assets like bitcoin. While there’s still a lot of pain in the economy, particularly at lower economic levels, with the end in sight, there’s a path forward for more wealth-creating opportunities in the post-pandemic world.
What big financial changes did you make as a result of the pandemic? How has your wealth changed as a result?
What are you doing going forward? Hit reply and share your thoughts.
Now here’s the rest of the news:
Deutsche Bank: Central Banks Simple Can’t Afford Higher Rates With Global Debt So High —Jim Reid, ZeroHedge
A sizable portion of the market has thrived on low yields, and central banks must suppress rises in bond yields. They simply can’t afford it with debt so high… [Read Here]
The Fed’s Money Supply Measures: The Good News — and the Really, Really Bad News —Joseph T Salerno, Mises Institute
The explosion of Treasury deposits at the fed “fuels suggestions that the Fed is directly financing the government and fosters uncertainty about central bank independence…” [Read Here]
March 15, 2020
“It is always the start that requires the greatest EFFORT.” —James Cash Penney
Today is DarrenDaily Recap Sunday. A collection of the weeks videos from Darren Hardy. Enjoy!
I’ll leave you with another picture from Nova Scotia…
March 15, 2019
Looks like a better day already!
March 15, 2017
The secret to having great days is to become a daily goal setter and a daily goal hitter. That’s the best way to move forward in life — by accomplishing everything you set out to do each day.
Find the motivation to make big things happen right here:
Become a Daily Goal Setter
Today, I have become a daily goal setter!