NewCover with LOGO
WHT trans Rob's

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…

 

IMG_0712
Come From Aways, Do You?

More Posts

06-JUNE 19-2021

How To Win The Day With every sunrise comes opportunity.  Each day is a figurative clean slate — another chance at getting it right and moving the ball closer to the goal line.  Regardless of what happened yesterday, we have the chance to start anew each morning. And the morning sets the tone for the entire day.  You own the morning, you win the day.  The happiest, healthiest, and most successful people know this.  They embrace it, and they use it to their advantage.  They build morning rituals to establish the foundation for the day. Here are 6 things they

06-JUNE 18-2021

Good morning. The biggest bombshell from the latest Fed meeting was the acknowledgement that inflation was coming in far higher than expected.  While the Fed continues its policy of trying to talk the market into always going up, some see a tapering of its asset purchases sooner rather than later. While that doesn’t mean higher interest rates right away, what it does mean is a big slowdown in money creation and addition to the central bank’s balance sheet.  That’s likely why both bond yields and gold prices have been dropping.  While tapering might spook the market, the prospect of lower

06-JUNE 17-2021

Good morning. Yesterday’s Federal Reserve meeting minutes kept interest rates at 0 percent, as expected.  And the Fed isn’t ready to taper its asset purchases (money printing) anytime soon.  But in trying to please everyone, the central bank sometimes ends up pleasing no one. The central bank made a big revision in its inflation estimates, from 2.4 percent to 3.4 percent.  While calling higher inflation “transitory,” the market isn’t so sure.  And, after the March meeting indicated no potential for an interest rate hike until 2024, there’s now an increasing possibility of a rate hike in 2023. The only real

06-JUNE 16-2021

Good morning. Michael Burry is a fund manager best known for going against the housing market in the runup to the meltdown.  Today, Burry sees inflation as the biggest threat to the economy.  And with prior stimulus measures boosting the price of everything from stocks to housing, the biggest threat is a nudge into hyperinflation.  Burry sees that happening this year.  Burry also sees the stock market as not only the greatest market bubble of all time, but the biggest by at least “two orders of magnitude.”  As investors adjust their return expectations for inflation, that bubble may burst. Time

06-JUNE 15-2021

Good morning. Most financial news is predicated around the idea that markets are either going up or down.  But sometimes, like now, indices are largely trading sideways.  When that happens, traders will start to look for clues as to what happens when the sideways trend ends. For most market conditions, a sideways trend can last anywhere from 6-12 months in part of a broader bull market.  That looks like the case here, given that most indices are still near all-time highs.  But it’s a time to find companies that have been hit the hardest and look set for the biggest

06-JUNE 13-2021

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: Newfoundland, Canada. …pink and very colourful! P.S. “In order to succeed, your desire for success should be greater than your fear of failure.” –Cosby Show June 13, 2020 “What you can create will absolutely astound you, but you have to start now.” —Marie Forleo Top 10 Benefits of Using Resistance Exercise Bands 1. ADAPT EASILY FOR MULTIPLE FITNESS LEVELS…  Resistance bands come in multiple resistance levels, usually light, medium or heavy.  You can further adjust

06-JUNE 12-2021

The Power of Positivity Motivational speaker Jim Rohn is famous for saying, “You’re the average of the 5 people you spend the most time with.”  Take some time to think about that.  Seriously. Are those 5 people you associate with most positive-minded, encouraging, and supportive?  Do they energize you and inspire you to be your best?  Do they share similar values and goals.  Do they listen to you and empathize with you? Are they there for you through thick and thin?  Do they give you a genuine pat on the back for your accomplishments?  Do they provide you healthy accountability and

Like this article?

Share on facebook
Share on Facebook
Share on twitter
Share on Twitter
Share on linkedin
Share on Linkdin
Share on pinterest
Share on Pinterest

Leave a comment

Send Us A Message

Copyright © 2021
Rob's Personal Blog

“I started with Hayes to share photographs and stories of my travels with you.  It was perfect for your lifestyle.”

Today I help people build their own blogs and websites … just like this! 

All Rights Reserved
Hello // ELEMENTOR