03-MARCH 15-2022

BlinkyGood morning.
Two big events in the market this week could increase the current volatility – or simply lead to another leg lower for stocks.  The first event occurs on Wednesday, when the Federal Reserve will make its final round of quantitative easing (QE), a Wall-Street term for the central bank’s ongoing purchases of bonds to prop up the bond and credit markets.
And on Friday, over $3.3 trillion of notational value of options contracts expire.  We’ve already seen that markets can be choppy as traders start to roll positions out in the days before expiration.
In short, it’s set to be a volatile few days.  After the past few months of trading, that’s a bit like pointing out that water is still wet.  But traders will likely fare well going long on a down day and taking profits off the table after a big up day for stocks.

Now here’s the rest of the news:

World War III Has Already Started, and It’s an Economic War
In an article I published in April of 2018, World War III Will Be An Economic War, I outlined a number of factors that portend a large scale conflict between… [Read Here]

Recession Alert: Canary in the Economic Coal Mine Just Choked on Crude Oil
A market crash is typically short term, while a market recession could last a lot longer.  Of course, there aren’t any hard and fast rules, but a recession is… [Read Here]

March 15, 2021

What LawyerGood morning.
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…

Nova Scotia

 

March 15, 2019

Day_03

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!

REW

IMG_0712
Come From Aways, Do You?

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05-MAY 15-2022

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05-MAY 14-2022

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05-MAY 13-2022

Good morning. Meme stocks are back!  Well, sort of. A spike in companies like AMC Entertainment (AMC) and GameStop (GME) occurred yesterday.  GameStop was even halted multiple times on the way up (but not on the way down).  Oddly, this may be an early sign that markets are looking for a short-term bottom, given the sharp reversals higher. On CNBC, analyst Jim Cramer came out against the traders of meme stocks using sites like Reddit’s Wall Street Bets, to find the meme stock opportunities in the first place.  Tough words for someone whose television show features sound effects.  But for

05-MAY 12-2022

Good morning. The good news?  Inflation has slightly slowed on a year-over-year basis, for the first time in seven months.  The bad news?  It’s still high at 8.3 percent.  And it came in higher than expectations. Looking at the data shows some reasons for the unexpected strength.  Most components of CPI still rose more than 6 percent in April.  But soaring food prices – which we’ve warned about fairly often — were a big contributor.  Another big move higher was record airfare prices, as high fuel costs and a reopened economy drove prices up. The data doesn’t give too much

05-MAY 11-2022

Good morning. Typically, growth stocks lead the market.  That’s because these companies have the ability to scale up rapidly, and one of the best signs of a stock heading higher over the long haul is increased earnings. Yet every few years, value stocks have their time to shine.  A year ago, Warren Buffett’s performance as being derided.  Yet he’s buying stocks now.  In contrast, Ark Innovation, the hypergrowth fund managed by Cathie Wood, is now not just down relative to Buffett — but it’s underperforming the S&P 500 since its inception. Can these trends reverse in time?  Yes.  Will they

05-MAY 10-2022

Good morning. Any econ 101 student can tell you that there’s a lag effect between something like, say, the creation of trillions of dollars in spending, and inflation rates reflecting that.  We’re seeing that trend play out today, with the highest inflation levels in decades. The good news?  Some of that new money first went to financial markets, rather than in goods and services.  That helped keep many things affordable, especially during the initial lockdown phase of the pandemic.  But today, we’re seeing the impacts of those past lockdowns (and current ones).  And we’re seeing that handing out money directly

05-MAY 09-2022

Good morning. People don’t mind inflation when it hits things like assets.  When stocks and home prices are rising, consumers feel wealthier.  This “wealth effect” tends to be beneficial to spending, which then become a self-fulfilling prophecy. The 2009-2020 market rally started with this effect.  The bank bailouts propped up the banks, but didn’t cause inflation on Main Street.  Today, thanks to the stimulus measures during the pandemic, Main Street went on a spending binge.  That’s caused a reverse wealth effect as the prices of goods like food and utilities are rising at a rapid rate — but now asset

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