05-MAY 10-2021

MagicalGood morning.
Economists were predicting a blowout jobs report for April, with 1 million new jobs.  That might have even been the start of a multi-month trend of strong numbers.  In the real world, however, only 266,000 jobs were created last month, leaving the unemployment rate stubbornly high at 6.1 percent.
Why the big miss?  Most are now pointing to unemployment payments and human nature.  With additional federal payments of $300 a week on top of state payouts, for those at lower-wage jobs, the value of unemployment has exceeded the value of working.
Montana and South Carolina already announced they were stopping the extra payments to entice the unemployed back into the workforce.  Expect more states to announce a similar plan in the coming days.  On the plus side, the stalled job market growth caused bond yields to drop and helped stocks jump higher on the news.  That may continue for a few more months.

Precious Metals Prices
Price at week’s end (change over last week)

Gold    $1,770.60 (-0.5%)
Silver    $26.01 (-0.4%)
Platinum    $1,207.60 (-2.4%)
Palladium    $2,971.28 (+2.8%)

Now here’s the rest of the news:

Would the Last Market Bull With the Last Dollar Please Turn Off the Music 
Numbers don’t care if you’re excited about the economy or its outlook.  Fundamentals will always play a factor.  Reality always cuts through the noise, and we could be approaching that point right now… [Read Here]

Fed’s Own Survey Reveals Consumers Expect Surging Inflation to Crush Their Purchasing Power –Wolf Richter,Wolf Street
Usually consumers are willing to pay for price increases, rather than go on buyers’ strike.  This allows companies to jack up prices, and allows inflation to run even higher… [Read Here]

May 10, 2020

Raises The Spirit!Happy Mother’s Day to my mother … and all mother out there!Raises The Spirit!_2

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

Atlantic puffin also known as common puffin is a species of seabird in the auk family.  Newfoundland and Labrador in Canada are known to be large colony of this puffin.

PuffinsIceland, Norway, Faroe Islands, are also known to be home to these beautiful birds….

May 10, 2019

Keith and Tom “Big Al” Schreiter have done it again!  They have hit the nail squarely on the head!

In their latest newsletter entitled, “How long can we fake it?” the headline below says it completely…

We can only fake it so long, and then the world exposes our deficiencies.

Grasping the foundational pillars are the first steps toward any successful business accomplishment.  Wanting to create a business may get you started … but not having the skills to make it happen “yesterday” are reality.  That is why “we” should work hard on the four basics first.  This is the same advice I’d give an athlete, an electrician, an accountant or lawyer; or someone learning any skill or profession, unfamiliar or otherwise!

So what are the four skills?

    1. Creating rapport — people are “just” people … not clients, not prospects, not customers — with people!
    2. Breaking the ice to introduce our business into a social conversation … con_ver_sa_tion … a two-way verbal exchange!
    3. An agreement.  Closing.  Getting “yes” decisions.  Win … Win … Win.
    4. Detailing the offer … “The Presentation” … yes, the details of our offering.

I for one, did not learn any of these skills in school.  I did talk!  Hours in detention will attest to that.

I didn’t even know these skills existed until after I started my network marketing career.  But if we want to help new entrepreneurs, and give them the best start possible, let’s concentrate on giving them the word-for-word instructions for these skills.

And, which skill should we start with?  #1, of course.

[A few days back, on May 6th, to be exact I wrote an article around “Knowing our colour personalities.”]  I wish to add this tidbit…

In every skill, and every presentation, the different colour personalities will see things differently.  They will have different reactions and objections to the words we say.  Want an example?

When talking to green personalities, what dominates their thinking before they make a decision?

Well, before the benefits, the features, or even the testimonials and proof, it’s the fear of an unknown fact or issue that dominates their thinking.  This is what causes green personalities to hesitate.  Once we know this, we can adjust our thinking, our presentation accordingly.

IMG_0712
Come From Aways, Do You?

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09-SEPTEMBER 18-2021

Ten Ways To Foster Innovation In order to compete effectively, we must look for new and better ways to accomplish our mission.  We must find creative methods to delight our customers.  And we must find innovative strategies for getting more done with fewer resources. With things changing as rapidly as they are, doing things the old way won’t be profitable for very long.  To grow, we must be constantly innovating. An innovative company attracts and keeps better employees.  People want to be part of something creative.  It’s stimulating and it’s fun. Here are ten things you can do to foster

09-SEPTEMBER 17-2021

Good morning. We’re fans of following company insiders when they buy their own shares.  That’s because they only buy if they see a good value going forward.  Most company insiders are partially compensated in shares, so they have plenty of reasons to sell, from portfolio diversification to big spending bills like a second house or divorce. Overall, buying with company insiders produces excess returns compared to the market.  But they’re not the only insider group out there. Consider Congress.  Last year, two senators sold off stocks after an early hearing on Covid and before the big crash.  House Speaker Nancy

09-SEPTEMBER 16-2021

Good morning. Yesterday marked the 13th anniversary of the collapse of Lehman Brothers, a “victim” of over leverage on the US housing market.  Yesterday also marked the day when Evergrande, a Chinese real estate firm, stated that it wouldn’t pay interest on its already-collapsing bonds. For years, many have warned about the size and rate of China’s real estate buildup, from empty cities to investment homes that sit unused (one of the few places where citizens can park cash).  While we’re optimistic that the damage can be contained to China and not impact global growth too much, we also can’t

09-SEPTEMBER 15-2021

Good morning. We’ve warned for weeks that stocks are at elevated levels, and that a modest pullback would be likely.  Now, however, investor sentiment has gotten heavily bearish, for more than just a small pullback. That’s somewhat concerning, as fears of a market pullback could lead to enough profit-taking and cash-raising that it becomes a self-fulfilling prophecy.  However, a market so quick to get so bearish could also be a sign that there’s still a major rally ahead.  Bull markets don’t die when investors get fearful.  Rather, it’s when investors get so bullish that they go all-in at record highs.

09-SEPTEMBER 14-2021

Good morning. With Labor Day weekend over, oil prices should be trending down.  The summer driving season in North America is over, and it’s largely an American phenomenon.  However, expectations for a potentially colder-than-average winter are keeping a bid under oil prices right now. At a time when traders typically expect lower prices going forward, oil is now at a 5-week high and trending higher.  And Bank of America analysts see crude oil pumping as much as $100 per barrel under an exceptionally cold winter scenario.  It’s likely that gas prices may remain higher for longer than expected, and can

09-SEPTEMBER 13-2021

Good morning. Last week, Treasury Secretary Janet Yellen warned that the measures underway to preserve cash at the US Treasury were likely to run out in mid-October.  Unless Congress acts to raise the debt ceiling, there could be a potentially debt cliff where a number of government programs simply don’t get paid. That’s a scenario that nearly unfolded in 2011. 10 years ago, it also provided the stock market with a flat return for the year and a closest thing to a selloff since the housing crisis two years before that.  Last week’s market weakness may be starting to reflect

09-SEPTEMBER 12-2021

Here’s to a better YOU … and now … Today’s DarrenDaily Recap Sunday.  A collection of the weeks videos from Darren Hardy.  Enjoy! Describing its beauty!!!  Fishing boats on the River Gwaun at Lower Town in Fishguard on the Pembrokeshire coast in Wales,U.K. It doesn’t matter how you get there … only that you come to visit! September 12, 2020 Whew! This year has definitely been one for the books. Between the “illness”, unrest, and just general uncertainty 2020 can move anytime! But, you know what really helps me when things get super overwhelming? Gratitude. Staying focused on the things

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