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06-JUNE 14-2021

Graduation_01Good 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.  The downside?  Holding off on spending and government assistance tends to result in a slowing economy.  That’s not such an easy trade-off after all, and why most economists and politicians support some small amount of inflation.

Gold currently at $1,893.74, silver at $27.70

Now here’s the rest of the news:

You’ll Never Believe the Tax Rates Billionaires Actually Pay –Paul Kiel, Jeff Ernsthausen and Jesse Eisinger,ProPublica
IRS documents revealed the richest 25 Americans pay a tiny fraction of their wealth in taxes.  Even if you use income to compare, billionaires still pay very low rates… [Read Here]

June 14, 2020

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!!! White lighthouse on the coast of Newfoundland, Canada

White lighthouse on the coast of Newfoundland, Canada

Oh yes… Happy Father’s Day!

June 14, 2019

Fun Friday!

Says it all…

 

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Come From Aways, Do You?

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10-OCTOBER 25-2021

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10-OCTOBER 23-2021

Do You Have A Purpose? It’s true that in order to live our purpose in this world, we’ve got to have a vision and a plan for achieving our dreams.  We must be tenacious in working toward our goals, and we might occasionally have to sacrifice a little sleep for that dream.  However, our “hustle at any cost” culture has convinced us that this means choosing between success and quality of life (e.g. health, happiness and fulfillment).  This either/or mindset is not just inaccurate — it actually threatens our bottom lines and secretly sabotages success. The stress, exhaustion and decision

10-OCTOBER 22-2021

Good morning. Shortages or not, we’ve all seen rising prices on store shelves as a sign of inflation.  In some cases, prices have stayed the same, but the size of a package has shrunk.  This is a way to mask higher prices through a process known as shrinkflation.  But there are other ways to note the bite of higher price as well.  One such way?  The loss of amenities. For example, many hotels are now ditching their complimentary breakfasts.  While such food wasn’t necessarily good, it was a way to entice travelers to stay at a low additional cost.  With

10-OCTOBER 21-2021

Good morning. We’ve noted a few times over the past few months to get that holiday shopping done extra early this year thanks to supply chain disruptions.  But given some of the latest delays and reports from companies reporting earnings this year, the next thing on your holiday shopping list just might be groceries. While we’re not seeing the toilet paper shortage of last year, shortages in chicken, fish sticks, coffee among other food staples appear likely in the coming weeks.  And products such as diapers are seeing high demand right now as well.  Even if those shortages are resolved,

10-OCTOBER 20-2021

Good morning. The stock market has a number of seasonal patterns to it.  While it’s well-known that stocks tend to rally into the end of the year, in what’s known as the “Santa Claus” rally, that rally tends to start earlier than many expect.  This year, the start date is likely the first day of November, less than two weeks away. Why?  Because right now we’re in the midst of earnings season, when company insiders are locked out from buying or selling shares.  Companies are also in a lockout period for share buybacks.  And it’s those buybacks that have been

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Good morning. Bull markets end on euphoria, but not until they’ve gone on far longer than many expect.  That seems to be the case in the commodity markets right now.  While traders are still considering that the price of a barrel of oil may hit $100, some are starting to bet that will just be a stop along the way to $200 per barrel, which would be a new all-time high for the commodity. And thanks to the recent uranium rally, a new fund that will hold physical uranium has been announced to take advantage of that move.  The announcement

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