04-APRIL 19-2021

Bad LuckGood morning.
Whatever is bothering the market now will probably not be bothering it six months down the line.  That’s the case with 10-year Treasury yields. After starting the year around 1 percent, they rose to 1.75, causing a few mild selloffs in big tech companies along the way.  However, the 10-year has now dropped to 1.58 percent, and the big-cap names in the market are back to all-time highs.
This isn’t the first time the market has been scared over some slight fluctuations.  But even bigger events, like the pandemic selloff last year, have waned in time as a fundamentally strong economy (especially once fully reopen) is likely to be solid for the stock market for years to come.  The market will find something else to worry about in time, but for now, rising bond yields isn’t one of them.

Now here’s the rest of the news:

Is Stagflation Coming? –Nouriel Roubini,Advisor Perspectives
From trade wars and de-globalization to aging populations and populist politics, there is no shortage of inflationary threats on the horizon… [Read Here]

Stock Market Leverage in La-La Land, Rises to Historic High –Wolf Richter
Most of the leverage in the markets is unreported until it blows up.  Margin debt is an indicator for overall leverage, and it has reached the zoo-has-gone-nuts level… [Read Here]

How Government Subsidizes Obesity –Barry Brownstein,AIER
People died because talking about obesity had become a third rail in America. Unfortunately, the killer was already in the house and her name is Little Debbie… [Read Here]

April 19, 2020

Motivation Sunday!

Here’s to a better YOU … and now …
Today’s DarrenDaily Recap Sunday.  A collection of the weeks videos from Darren Hardy.  Enjoy!

I’ll leave you with a picture from MacMillan Provincial Park Cathedral Grove Vancouver Island

Vancouver Island Park

April 19, 2017

Les BrownLes Brown said, “The graveyard is the richest place on earth”.

What did he really mean by that?  Another way to put it is, dying with the music inside you.
Many people have dreams of becoming successful and traveling the world or whatever your fancy is.
But then again, 90 + percent die without ever putting their ideas or dreams into action.  This is why it’s the richest place on earth.  And I don’t want that for me!  [I don’t want that for you either.]  I don’t want anyone to die with huge inspirations and dreams still inside.

Rob W.

IMG_0712
Come From Aways, Do You?

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05-MAY 07-2021

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05-MAY 06-2021

Good morning. Most sectors of the economy have been on fire this year.  But, there’s one area that’s steeply in a bear market.  It’s the media, more specifically the news media.  Cable news outlets have reported viewer drops as much as 50 percent.  And the New York Times Company (NYT) reported a sharp slowdown in growth. It’s no surprise that the news media benefited in the past few years from the public’s interest in all things Donald Trump.  Now, with Trump out of the White House and the media avoiding stories about him, it’s no surprise that viewers are going

05-MAY 05-2021

Good morning. It’s been a great earnings season.  But companies like Amazon (AMZN) are now in correction territory, down 10 percent, since reporting record blowout numbers.  Other big tech names are in the same spot.  And smaller tech plays?  They’re likely already in a bear market. It’s a combination of factors at work.  The first is rising inflation numbers. The second is the prospect of higher interest rates to curb inflation.  And finally there’s the fact that companies are coming off of earnings that look great compared to a year ago at the start of the pandemic.  All these factors

05-MAY 04-2021

Good morning. Online auction site eBay (EBAY) became huge in the 1990s thanks to the demand for Beanie Babies.  As the central site for that fad, the company was able to expand and survive the internet bubble. Now, the company is looking to enable cryptocurrency payments, to better serve its customers.  It’s also looking to break into the NFT, or non-fungible token market.  NFTs are digital assets like a picture or song.  While they can be copied, blockchain data provides the owner of the NFT with the assurance that they are, in fact, the original owner.  NFTs have been big

05-MAY 03-2021

Good morning. The stock market had its steepest and shortest bear market last year, with a contraction of nearly 30 percent within the span of a month.  Now, a year into a recovery, the rally in stocks has started to slow. One reason? Growing policy uncertainty.  Stocks sold off Friday as a Fed President made the case for housing getting into bubble territory and a need for interest rate hikes next year.  Just like in the early 2020s, in the post-financial crisis rebound, fears of reduced monetary policy are usually good to create a pullback in markets. We’re still a

05-MAY 02-2021

Here’s to a better YOU … and now … Today’s DarrenDaily Recap Sunday.  A collection of the weeks videos from Darren Hardy.  Enjoy! Naturally beautiful: Lots of things to do in beautiful, Newfoundland, Canada. …on the Rock! p.s. “It’s okay to modify the dream.” –Morgan H. Nichols May 02, 2020 You’re one of those people who are stuck in their ways. It’s hard for you to change your routine. We’ve all heard of the saying “You can’t teach an old dog new tricks.” In reality, you can’t change your mind without a commitment to change.  Most people are ‘checked out.’

05-MAY 01-2021

Today! May 01, 2020 Gold Prices Going to “Pop” to $2,700 … Easily “Despite a weakened economy, stocks continue to rise on the back of monetary stimulus, which is bound to push gold prices even higher.” —Frank Holmes Good morning. “There’s no harm in holding cash, as long as your bank isn’t charging you to do so, which is probably coming down the road, so be prepared!” —Dennis Miller Now is a good time for investors to be scared — one reason is that there’s general agreement we’re in a recession … as economists rarely agree on anything. Just last

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