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 accomplishment? The Fed managed to cause markets to have one of their biggest moves in weeks. Instead of mostly flat trading, stocks saw a big sell-off. It just goes to show… you can’t please everyone all the time.
Now here’s the rest of the news:
Oh Lordy, Yellen Comes Out for Higher Interest Rates –Wolf Richter,Wolf Street
“We want them to go back to a normal interest rate environment.” A decade of “inflation that’s too low,” seriously? How exactly does she think higher interest rates will help us? [Read Here]
June 17, 2020
If there was ever a point in U.S. history where mixed signals are constantly being given, it’s got to be now. Between the do’s and don’ts of COVID-19 and the shape of the burgeoning economic recovery, it gets hard to follow.
Chairman Powell stated before the Senate on Tuesday that we have a long road ahead. Another Fed head Clarida suggested that inflation expectations are at risk of slipping as the market finished nearly two percent higher on the session. If you print $3 trillion in record time and you can find a recovery or inflation, what does that say about the course we’re on?
A great question to start our mornings:
“Will I learn something new today, or will I stay where I am?”
I have a habit that makes that decision automatically.
The first thing I do every day is … read something new. I like books. I can discover in a few pages something that may have taken someone ten years to learn.
For others, they may prefer to learn by audio. Personal choice. I read, again, just before bed. I like to save time by listening while driving.
Making this decision first thing every morning means over time, we grow!!!
June 17, 2019
The #1 Growth Hack Most Entrepreneurs MISS
Hey Rob, the message from Craig begins:
Back in the early 2000’s when I was a broke personal trainer struggling to get my online business off the ground a mentor shared something that changed my life forever.
This is what he told me:
“Craig, you’re focusing on all the wrong things. You’re asking yourself ‘What do I need to do to succeed’. What you need to ask yourself is ‘Who can help me succeed faster?”
When you’re an entrepreneur and high performer, it’s easy to think that you can do it all alone.
To think that the missing link in your business is something instead of someone.
But after building five million dollar businesses over 20 years, I’ve realized that the #1 growth hack is getting the RIGHT PEOPLE in your corner.
Steve Jobs would not have been Steve Jobs without Steve Wozniak.
Warren Buffet wouldn’t have become the richest man in the world without Benjamin Graham.
Michael Jordan would never have been the greatest basketball player of all time without Tim Grover (his personal trainer who spoke at last year’s Perfect Life Retreat!)
Success is a team effort. And if you don’t have the right team in place, you’ll never win.
So ask yourself right now…
…WHO do I need on my team to succeed?
Is it a team member or contractor who can do your job better than you can and free up your time to focus on strategy and vision?
Is it a joint venture partner that can bring fast and easy profits into your business?
Is it a mentor who can give you outside eyes on your business and help you identify the areas you need to improve?
The old saying is true, “WHO you know is more important than WHAT you know!”
The right CONNECTIONS will always be more important than the right INFORMATION.
And I want to help you find those connections so you can 10X your impact and income while working less and enjoying the lifestyle you deserve.
To do this, I want to invite you to my 3rd annual Perfect Life Retreat this November 8-9 in San Diego California.
If you didn’t see yesterday’s email, we have an amazing roster of speakers lined up, including:
…Jason Capital, an insanely successful and inspiring young man who went from $0 to $1,000,000 in nine months at the age of 23 and has gone on to grow his latest business to more than $10 million in annual revenue.
…Zander Fryer, who built a 7-figure coaching business in less than a year and co-authored a best-selling book with Jack Canfield.
…Martin Rooney, an internationally recognized entrepreneur, two time Guinness World Record holder, fitness expert, and powerhouse speaker who regularly presents to stadium sized audiences of 10,000 people or more.
…Bedros Keuilian, the Founder of Fit Body Bootcamp (a 4X lnc. 500 Franchise and the second fastest growing fitness franchise in the country)
…Sharran Srivatssa, The CEO of Kingston Lane “The $3 Billion Man” who grew Teles Properties revenue 10X in five years (and earned a spot on the Top 500 Fastest Growing Companies list four years in a row).
And some guy named Craig Ballantyne (apparently, he’s pretty cool too
You’ll also have access to a room containing more than $5 billion worth of knowledge, skills, and hard earned lessons from our amazing attendees.
You’ll get to learn from my mentors and coaches…
…The same people I turn to when I need to make a BIG change in my business but don’t know what to do next.
And the best part? ”
Because you’re a part of the Perfect Day Family, I’m giving you and one guest the opportunity to come out to the retreat for less than half of the normal price.
Considering that you’ll get access to:
- NYT Best-Selling Authors
- 7-figure copywriters
- 8-figure entrepreneurs
- Top ranked podcast hosts
- Social media gurus with 1 Million+ followers
AND my personal coaches and mentors…
… I could easily charge $5, 000+ for this event.
Let’s be honest.
If you make just one valuable connection or learn just one proven system for scaling your business, you’d make that investment back in less than a month.
But I’m not charging $5,000.
I’m not even charging $1,000.
Because I care about your success and want to make sure that everyone has access to the mentors, strategies, and formulas they need to succeed, you can secure your spot at The Perfect Life Retreat today…
…For only $597.
AND, if you take action this week, I’ll even let you bring a guest for free.
But you need to act now.
Saturday night, the tickets jump back up and you’ll never be able to buy them for this price ever again.
I hope that you’ll take me up on my offer and come out for two unforgettable days of growth, connection, and transformation.
I promise, your life will never be the same.
To Your Success,