07-JULY 14-2021

What on EarthGood morning.
The narrative of the past few months has been that rising inflation rates are transitory, a fancy central-banker’s word for temporary in nature.  Well, if it’s temporary, it’s not over yet. The June numbers crept higher than the May numbers.
Sure, there are some signs of relief.  Lumber prices have now unwound their 2021 gains.  They’re still higher than a year ago, but well off their highs.  Ditto with Bitcoin and cryptocurrencies in general.  And speculation in some parts of the stock market has left a number of trades well off of their highs, even as the overall market trends higher.  Transitory or not, investors are always wise to find companies that can benefit from higher inflation rates, and pass on those costs to their consumers the best.

Now here’s the rest of the news:

Inflation Spreads Economy-Wide, Cost of Living Posts Biggest Surge Since 2008 –Jeffry Bartash,MarketWatch
Prices for food, energy, clothing, plane tickets and hotels also rose sharply.  The increase stunned economists, and raised questions about the Federal Reserve’s predictions… [Read Here]

Biden’s New Death Tax Hits the Middle Class While Excluding Certain Wealthy Investors –Hank Adler,Reason
The plan hits individuals with identical net worths very differently.  Millions of taxpayers would see decades of investment and planning for their families reduced or destroyed in an instant… [Read Here]

July 14, 2020

Founding MothersGood morning.
California is now back in focus after Governor Gavin Newsome announced that they were going on lockdown again.
While the policy there is a chance that the policy may be effective, it does signal to the market that leaders are willing to go there again.  This jeopardizes the outlook for a V-shaped recovery if it wasn’t already in doubt.

Now here’s the rest of the news:

Another Massive Collapse
Already, cases are rising in dozens of states.  And the states seeing explosive growth in infections are taking an economic beating.  But this is likely the beginning.  In fact, the shocking data in a recent White House document (not intended for the public) suggests the unthinkable.  200,000 people could be infected every day leading to 3,000 deaths per day.
No wonder Moody’s Analytic chief economist told CNBC…

“If we get a second wave, it will be a depression.”

The warning signs are unmistakable!  Rates of Unemployment

Unemployment rates have fallen, Yes!
The decline in joblessness mostly occurred because employers invited back their furloughed workers as states reopened their economies.  The chart [on the right] shows the worst hit industries:

“Success is simple, once you accept how hard it is.”
—Craig Ballantyne

July 14, 2019

Because we’re afraid that we won’t like it, or that we will fail in our execution, we tend to overwhelm ourselves with questions and conditions, trying to figure everything out beforehand and guarantee that we will succeed before we even start.

“Inaction breeds doubt and fear.  Action breeds confidence and courage.  If you want to conquer fear, do not sit at home and think about it.  Get out and get busy.” – Dale Carnegie

The only way to get the answers you seek, to know for sure if the idea you have is worth trying, is by actually trying it.  If you can get yourself to start executing, you will naturally create momentum, which will move you forward and into completion.

The more you do something, the less afraid you are of it, the more expertise you’ll gain along the way, and ultimately, this expertise will help you make connections, have new ideas, and come up with inno-vative ways of solving the problems you face, also known as inspiration!

Spectacular Sunday!  😉

IMG_0712
Come From Aways, Do You?

More Posts

07-JULY 29-2021

Good morning. Yesterday saw the latest Fed meeting.  As expected, the Fed had some nice things to say about how the economy was doing, and why all those rising prices and shrinking portion sizes at the grocery store were temporary.  But when it came to, say, pulling back on the billions of dollars per day of bond buying, the central bank once again punted on the issue, saying they were looking into it. This is a replay of its model from the last crisis.  Yes, the Fed will eventually scale back its bond buying, possibly even to zero.  And it

07-JULY 28-2021

Good morning. Last week saw the stock market dive on rising Delta variants to Covid 19.  Yesterday saw a big drop, particularly for tech.  The reason?  A crackdown by China over a number of companies there. These drops are usually healthy, as they help curb speculation and keep traders on their toes, either by quickly turning profits into losses, or by creating new trading opportunities at a better value.  This summer’s market is starting to look like the summers in the mid-1990s when tech stocks would correct going into the autumn, only to end the year higher.  In the meantime,

07-JULY 27-2021

Good morning. Trading is fun and exciting, and being able to leverage small short-term moves into big profits makes for a fun and profitable hobby, even with the occasional big loss to talk about.  But some of the best returns can come from taking a long-term position in a multi-year trend. In a special edition of Trading Tips today, we’ll be looking more in-depth at what’s set to be the biggest trend of the decade.  It’s potentially a $30 trillion market, far bigger than 5G, the Internet of Things, all the meme stocks combined, and even cryptocurrencies.  It’s changing the

07-JULY 26-2021

Good morning. As much as Wall Street loves rumors, Washington DC is the major league.  The latest rumors are that Federal Reserve Chairman Jerome Powell might not be nominated for a second term to lead the Fed.  While his tenure has been little different than his prior two predecessors given the crises he’s had to deal with, some progressives don’t think the Fed chair has done enough on income inequality and other matters. That could lead the White House to find a more radical leader for the central bank, potentially even one willing to embrace the latest economic theories such

07-JULY 25-2021

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: Waves Crash Across the Rocky Shore. … I’ll watch awhile!. July 25, 2020 David Newman suggests YOU Grow Your Business with a Book! One of the fastest ways to grow your business (especially now) is with a book that positions you as an expert. Why? Because as opposed to webinars or events a book gives your prospect instant gratification.  They are able to download it and consume it the exact moment they see it. So

07-JULY 24-2021

Letting Go Of Guilt “Guilt can stop us from taking healthy care of ourselves.” –Melody Beattie Guilt is like a rock.  It sits in the pit of our stomachs and can weigh down our every thought, behavior, and action.  It can distract us all throughout the day and keep us awake at night.  Our muscles work overtime just to carry it around, and yet we still hold onto it. It’s imperative that we stop feeling so guilty. That’s not to say that you shouldn’t feel guilt.  True guilt is a loving instrument from Spiritual Guidance used to convict, correct, and confirm your

07-JULY 23-2021

Good morning. Technology companies need to constantly innovate.  That results in a high amount of money being spent on research and development, which in turn helps keep a company’s taxes lower than a company that makes the same product year-in, year-out. So it’s no surprise that regulators are always on the lookout for ways to try and get more taxes out of these massive firms that often have little to no earnings.  One proposal is being floated for a new generation of technology: a space tax.  Or, more specifically, a per-passenger tax on space flights like the ones just completed

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