08-AUGUST 11-2021

Advertising_09Good morning.
“Fake it ‘til you make it,” is a good way for building confidence when starting out in one’s career.  But the truth is, the mentality is a huge part of the economy.  That’s seen in a number of economic measures, such as those that look into what’s called confidence.
While consumer confidence is the best-known, small business confidence is pointing to a yellow flag for the economy right now.  Rising inflation, sliding profit margins, and a labor shortage are a trifecta of pain for these firms.  These businesses were the worst hit by the pandemic lockdowns, but they’re also companies without the same access to capital markets as publicly-traded stocks.
Delta variant or not, big businesses are likely to get bigger, and they’re the ones already traded.  So the latest business confidence data shouldn’t shy investors away from the stock market.

Now here’s the rest of the news:

The Folly of Ruling Out a Collapse –Dr. John P. Hussman,Strategic Advisors
Among all the bubbles in economic history, none has so thoroughly embraced the belief that extended losses are impossible than today’s.  And no forecasts are required to know what’s coming… [Read Here]

August 11, 2020

Tuesday-Tough2Good morning.
Over the past few trading sessions, it’s been clear that the bulls are looking to make a run at value stocks after the trade stalling out in early June.  Makes sense as the mega-cap tech stocks are reaching nosebleed territory.  That means that industrial, financial and cyclicals may start to catch a bid in the coming weeks.  Whether the bulls can continue to run free is unclear, but what is clear is where they’re looking to go.

Here’s the rest of the story:

Silver’s Rally Is Far From Over –Chris Igou,True Wealth
Silver hit its cheapest price in 40 years relative to gold a few months back.  The metal was lagging behind gold in a big way.  And as I explained to DailyWealth readers in May, this meant one thing…  Silver would come back with a vengeance.  That’s exactly what happened.  Silver is up 58% since I shared that opportunity.  Meanwhile, gold is only up 18%.

We Got Fired! … And It’s the Best Thing That Ever Happened to Us

Many people have lost their jobs during this pandemic though no fault of their own.
We Got Fired! - coverIn Harvey Mackay’s book, “We Got Fired! … And It’s the Best Thing That Ever Happened to Us,” Harvey interviewed 29 people who landed on their feet and excelled after they were furloughed or given a pink slip.  These were high profile people, often fired in a very public arena.  To sum up each of their inspirational stories, I asked everyone what advice they would give to people looking for a job today.
Pat Mitchell was the first woman president and CEO of PBS at the time.  She had been working as a researcher/writer for Look Magazine when it went out of business.  Her advice was:  “Be determined … I was deter-mined not to give up.  I figured it would all come around if I could find a way to survive financially while I stayed focused on what I wanted.  It didn’t come easily.  If you look at my resume, it seems like one exciting jump from one run to the next.  Every one of those moves was somewhat of a risk.  Some didn’t work out as I planned or hoped.  I didn’t follow a straight line to get where I am, but I never went backward either.”  She added:  “Seize every chance you have to learn.  It’s amazing how many skills we seem to acquire by accident.”
[Pat’s story, like many others are within the pages of this great inspiring book! … a must read.]

August 11, 2019

The concept of the smart factory has been around for quite some time.  But technology and connectivity limitations have held back development.  Until now.

5G Paves the Way

Thrown to the LionsJonathan Wilkins, director of global machine supply firm EU Automation says, “The technology could bring about a fundamental change…”  I just hope it gets us out of the mess we’ve created.  [I think technology will get us out of problems such as ‘Global Warming’, the ‘Opioid Crisis’, and this ‘Age of Plastic’ bombarding our shores and choking our landfills.]  Has it not already improved efficiency, reduced wasteful maintenance, and generally lowered manufacturing costs?

The Consumer Technology Association says 5G will allow you to download a two-hour movie in just 3.6 seconds, versus six minutes on current networks.  But 5G is much bigger than just movie down-loads.  It is expected to propel innovation across multiple fields, including transportation, healthcare, defence, consumer electronics and appliances, agriculture, shipping and warehousing, education… the list goes on.  Just imagine what knowledge could-be-share and wisdom acknowledged?

Capitalism is best described by the term creative destruction, first described by economist Joseph Schumpeter.  The term indicates that new technologies can replace old ones – possibly ones that seem entrenched and incapable of innovation.  Of course, not all new technologies work out.

The Hyperloop, an attempt at faster, safer transportation, just set a record 288 mph in a recent test.  Some parts were lost along the way – a generous term for an explosion that occurred.  This form of creative destruction is certainly both creative and destructive.

We’ll let someone else do the first human tests… 😉

August 11, 2017

Making money online or offline is really simple.  Making money with a home business is also simple.  If that were true, why do so many of these secondary businesses at home fail to make money?

It’s because the majority of those who try, can’t focus on one thing for long enough to see it work before they’ve moved on to the next.  I’m going to meet with (these five people) and show (each one of them) how they can save money on their taxes.  Before they know it they’re checking email, posting pictures on Facebook, chatting on the phone, and wasting time watching YouTube.  Not because they are bad people!  But because there was no clear amount of time allocated to the task.  What was the task?

Meeting and showing these specific people “the tax advantages they are missing.” But instead — they’ve been very busy for those three hours, but haven’t been even slightly productive.  What you’ll find most difficult is knowing which tasks actually bring in the money.  That where we come in…

REW

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Come From Aways, Do You?

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09-SEPTEMBER 17-2021

Good morning. We’re fans of following company insiders when they buy their own shares.  That’s because they only buy if they see a good value going forward.  Most company insiders are partially compensated in shares, so they have plenty of reasons to sell, from portfolio diversification to big spending bills like a second house or divorce. Overall, buying with company insiders produces excess returns compared to the market.  But they’re not the only insider group out there. Consider Congress.  Last year, two senators sold off stocks after an early hearing on Covid and before the big crash.  House Speaker Nancy

09-SEPTEMBER 16-2021

Good morning. Yesterday marked the 13th anniversary of the collapse of Lehman Brothers, a “victim” of over leverage on the US housing market.  Yesterday also marked the day when Evergrande, a Chinese real estate firm, stated that it wouldn’t pay interest on its already-collapsing bonds. For years, many have warned about the size and rate of China’s real estate buildup, from empty cities to investment homes that sit unused (one of the few places where citizens can park cash).  While we’re optimistic that the damage can be contained to China and not impact global growth too much, we also can’t

09-SEPTEMBER 15-2021

Good morning. We’ve warned for weeks that stocks are at elevated levels, and that a modest pullback would be likely.  Now, however, investor sentiment has gotten heavily bearish, for more than just a small pullback. That’s somewhat concerning, as fears of a market pullback could lead to enough profit-taking and cash-raising that it becomes a self-fulfilling prophecy.  However, a market so quick to get so bearish could also be a sign that there’s still a major rally ahead.  Bull markets don’t die when investors get fearful.  Rather, it’s when investors get so bullish that they go all-in at record highs.

09-SEPTEMBER 14-2021

Good morning. With Labor Day weekend over, oil prices should be trending down.  The summer driving season in North America is over, and it’s largely an American phenomenon.  However, expectations for a potentially colder-than-average winter are keeping a bid under oil prices right now. At a time when traders typically expect lower prices going forward, oil is now at a 5-week high and trending higher.  And Bank of America analysts see crude oil pumping as much as $100 per barrel under an exceptionally cold winter scenario.  It’s likely that gas prices may remain higher for longer than expected, and can

09-SEPTEMBER 13-2021

Good morning. Last week, Treasury Secretary Janet Yellen warned that the measures underway to preserve cash at the US Treasury were likely to run out in mid-October.  Unless Congress acts to raise the debt ceiling, there could be a potentially debt cliff where a number of government programs simply don’t get paid. That’s a scenario that nearly unfolded in 2011. 10 years ago, it also provided the stock market with a flat return for the year and a closest thing to a selloff since the housing crisis two years before that.  Last week’s market weakness may be starting to reflect

09-SEPTEMBER 12-2021

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!!!  Fishing boats on the River Gwaun at Lower Town in Fishguard on the Pembrokeshire coast in Wales,U.K. It doesn’t matter how you get there … only that you come to visit! September 12, 2020 Whew! This year has definitely been one for the books. Between the “illness”, unrest, and just general uncertainty 2020 can move anytime! But, you know what really helps me when things get super overwhelming? Gratitude. Staying focused on the things

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