06-JUNE 03-2021

TravelGood morning.
Last year’s retail rallies started following the pandemic shutdowns.  Millions of Americans were told to stay home, given $1,200, and the stock market was still open.  That led to some unusual moves, starting with a surge higher in bankrupt car rental company Hertz (HTZ).  That firm is now exiting bankruptcy and shareholders are doing pretty well.
The next move culminated with a short squeeze in GameStop (GME), which was only halted by brokerages shutting down the ability of retail investors to trade.  That’s heading higher once again.  The move now is a bit unusual, as the economy is reopening and stimulus checks likely aren’t coming anymore.
But the leader this round is AMC Entertainment (AMC), which saw shares nearly double yesterday after the company used high prices to raise capital by selling more shares.  The company also embraced the retail traders who saved it by offering a rewards program for its retail shareholders.

Now here’s the rest of the news:

The Federal Reserve’s Ballooning – and Risky – Balance Sheet –Bill Bergman,Mises Institute
In banking, rapid growth isn’t hard.  Just take on risk.  In fact, rapid growth should always be questioned as a sign of excess risk.  How about the Federal Reserve Banks? [Read Here]

June 03, 2020

I say we stop!Good Morning.
You would think the market is efficient and has ample liquidity to price stocks and other markets efficiently.
Then an event comes along that wakes you up to how fragile if things are right now.  Just before yesterday’s close as huge buy order emerged in the S&P 500 Emini futures.  This caused the price to rally quickly and sud-denly.  We have seen this type of price action happen a couple times in the past couple months, but it doesn’t leave you walking away with a feeling of confi-dence.

Now here’s the rest of the news:

Be Warned: The Next Phase of the Collapse Just Started… as the online e-tail revolution led by Amazon.com (NSDQ: AMZN) continues-to-drive many more small and inefficient merchants out of business.  Others are still scrambling to remain alive while furiously retooling their merchandising strategies to adapt to new trends in consumer spending.  While some stores closed overnight; other online operations buckled w/ supply chain cracks… breaks… and complete chaos & confusion!  This however, was ONLY PART OF the real warning…
It is only a matter of time before banks and financial institutions face a severe liquidity crisis and possible insolvency.  “Will it be your money to rescue them?”  Yes, you’ll bear the burden of the debt bubble.  A second wave of the Covid-19 deaths are expected to reach 240,000… doesn’t sound very optimistic, does it?  Prepare for the worst… but praying for better.  Please, God Help Us.

June 03, 2019

Are You a “Taker” or a “Maker”?

Monday-Quotes-Main-Picture-WhatsAppHere’s Today’s Tip … Mindset.

Want to know the secret behind great achievers?  It comes down to mindset.  For Benjamin Barber, an eminent sociologist, once said, “l don’t divide the world into the weak and the strong, or the successes and the failures… I divide the world into the learners and non-learners.”

And while there are different ways to categorize mindsets (e.g., fixed vs. growth), when it comes to leading a life of significance, we like to think there are two kinds of people: Takers and Makers:

    • Takers are those who take, grab, and consume what they can to meet their own needs.
      Takers operate with a scarcity mindset.
    • Makers are those who give and make things happen.  Makers cause progress and foster success in others.
      Makers envelop an abundance mindset.

In his classic book The 7 Habits of Highly Effective, Steven Covey explains the concepts of abundance and scarcity beautifully:

People with a Scarcity Mentality have a very difficult time sharing recognition and credit, power or profit — even with those who help in the production.  They also have a hard time being genuinely happy for the success of other people.

The Abundance Mentality, on the other hand, flows out of a deep inner sense of personal worth or security.  It is the paradigm that there is plenty out there and enough to spare for everybody.  It results in the sharing of prestige, recognition, profits, and decision-making.  It opens possibilities, option, alternatives, and creativity.

The good news is that if you find yourself deeply rooted in a Scarcity Mentality (which most people are), you can make a “paradigm shift” to an Abundance Mentality by changing your thoughts and mindset:

Scarcity Paradigm

    1. Defense
    2. Escape loss
    3. Safety
    4. Maintain
    5. Fear
    6. Tight
    7. Gifts are contained
    8. Reactive
    9. Paralyzed
    10. Narrow/closed
    11. Stagnation
    12. Win-lose

Abundance Paradigm

    1. Offense
    2. Pursue the vision
    3. Risk
    4. Create
    5. Faith
    6. Generous
    7. Gifts are released
    8. Proactive
    9. Dynamic
    10. Wide/open
    11. Multiplication
    12. Win-win

So, when reading over these points … I feel it’s very hard to do a complete 180 … but maybe instead try to shift slowly or say to yourself, “I can be better in this area” … finding one maybe two things where you can “shift” to the other Paradigm.

To a Better You,

IMG_0712
Come From Aways, Do You?

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06-JUNE 18-2021

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06-JUNE 17-2021

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06-JUNE 16-2021

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06-JUNE 15-2021

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06-JUNE 14-2021

Good morning. There’s an old Wall Street saying that the cure for high prices is… high prices.  That’s because when prices are high, competition comes into play and customers seek substitutes.  Recent inflation data showing a jump in home and car prices (both new and used), is also leading to potential buyers to hold off on making a purchase. That could reduce demand enough to keep prices from heading higher in those areas.  A slowdown in governmental assistance to the economy in the form of stimulus checks and high spending may also help nip this rising inflation in the bud. 

06-JUNE 13-2021

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