While the stock market has largely been in relief rally this week, other markets have been a bit more foreboding. A larger part of the Treasury market is approaching a yield curve inversion, where longer-dated bonds have lower yields than shorter-term bonds.
Historically, this has always led to a recession, and the last time this phenomenon occurred was back in late 2019 – which indicates that even without a global pandemic, a recession was likely in the cards for 2020.
While we’re not quite at levels that guarantee a recession, the combination of rising interest rates, multi-decade-high levels of inflation, and a geopolitical flareup in Europe suggest that traders remain cautious, even if markets continue their relief rally in the next few weeks.
Now here’s the rest of the news:
Democrats Make Absurd Claim About How To ‘Lower The National Debt’
House Speaker Nancy Pelosi defied basic economics recently, claiming that increased government spending is “reducing national debt” — not contributing to the economic crisis. The shifting blame game comes as… [Read Here]
March 18, 2021
Stocks jumped higher yesterday afternoon as the Federal Reserve kept interest rates at zero and kept in accommodating language in its statement. Traders now expect the bank to refrain from raising interest rates into 2023.
While that’s what markets wanted to hear, it does run the risk of overstimulating the economy in the next few months as the pandemic lockdowns wind down. While the Fed reported that inflation was running under 2 percent, a number of measures indicate higher prices in everything from food to homes.
Is the Fed right to hold off on raising interest rates until 2023, or should we brace for higher inflation?
Hit reply and share your thoughts.
Now here’s the rest of the news:
Forbes: Excessive Monetary Stimulus Leaves Gold “Greatly Undervalued”
The influx of fresh-printed money encouraged risk-on sentiment, raised bond yields and caused investors to once again turn away from gold. But it wouldn’t take much inflation to start the next big bull run in gold… [Read Here] Gold is the Mother of All Opportunities as Central Banks Walk the Line
“If you didn’t get the memo about the beginning of a new gold bull run in Q3 2018 then this is your last call.” –Ross Norman
March 18, 2020
This image and message is circulating the globe … and with very good reason … but, I’m concerned with healthy peoples’ greater risk!
Being outdoors is 100% safe.
Please get outside and GET SOME SUN … whatever you do, please DON’T stay locked up inside your house … that’s the WORST thing you can do for your immune system right now. You need to get outside and get some fresh air and sunshine (while still staying away from gatherings and practicing social distancing). Now that we’re in late March, most areas in North America and Europe are getting warmer and sunnier, and getting sun on your skin is the biggest thing you can do to boost your immune system right now.
The aspect of vitamin D production in your skin from sun exposure is just one aspect of how sunshine boosts your immune system. There are other reasons too, such as how the sun improves your mood, serotonin, balances hormones, etc. It’s also important to note that getting vitamin D from sun exposure on your skin is thought to be significantly more beneficial for your immune system than a supplement.
So whatever you do, please make an effort to get outside for daily walks in the sun (without having your skin fully covered, since you need skin exposed to get the majority of the benefits), or get out-side and do some gardening or other yard work. Or even just lay out in the sun if you have a deck (without getting burned of course).
Remember, getting outside doesn’t mean you have to be around a lot of people, or do anything risky at all. You can still get outside and stay safe all while significantly boosting your immune system. You will NOT catch coronavirus by breathing outdoor air. That‘s basically impossible. The virus only concentrates in indoor areas when you’re around people who are already infected and coughing.
It’s interesting to note that the coronavirus has been mostly clustered north of 30 degrees N latitude, but areas further south of that have been largely unaffected. Many medical researchers believe, the reason for this is because the sun has been stronger south of 30 degrees N latitude, so most populations south of there have much stronger immune systems than people further north that haven’t seen any significant sun in the last 6 months.
There’s also a theory that this particular virus doesn’t like warmer temperatures, and while that may partially explain less infections further south, the aspect of sunshine and your immune strength is more likely the main reason for more infections further north and less further south.
March 18, 2019
I’ve been a follower of Mike Dillard and his “Self-Made-Man” podcasts for a great many years, gathering entrepreneur wisdom … to listen to … in either my “University on Wheels” or … while stocking the shelves of Calgary Co-op late at night. Mike is revamping and doing a ‘life reboot of sorts’ — as a result — after watching the message below… head on over to Mike’s website to pick up a treasure-trove of $5_deals.
Hope you got value! Until tomorrow… chow… 😉