08-AUGUST 16-2021

Business_09Good morning.
The stock market quickly bounced back from its Covid crash of March 2020, assisted in part by trillions in stimulus and help from central banks (which is still going on).  With that kind of help, how can an investor determine what’s really going on?  By looking at other data than stock prices or GDP, which includes government spending as part of its calculation.
One trend worth watching is in freight trends.  The Cass Freight Index (there’s an index for everything) shows that goods shipped by road and rail in North America finally hit a pre-pandemic level in July.  While a good metric for tracking the economic recovery, physical goods are becoming less useful in today’s interconnected digital age.  But it’s a sign that the economy has room to grow, and is largely recovered outside some supply chain issues and a labor market mismatch.

Precious Metals Prices
Price at week’s end (change over last week)

 

Gold … $1,780.68 (+0.9%)
Silver … $23.82 (-2.5%)
Platinum … $1,038.25 (+5.0%)
Palladium … $2,683.55 (+0.8%)

Now here’s the rest of the news:

Inflation Is Winning, and Here’s Why the Fed Seems Content To Let It Happen
A peek at the shocking state of the government’s balance sheet explains why the Fed has thrown in the towel on the fight against inflation… [Read Here]

More Money Doesn’t Mean More Wealth
Excessively high inflation seems like it’s here to stay.  Some voices have given up on condemning inflation, and instead have chosen to welcome its benefits, like bigger paychecks for workers!  Here’s why that’s utterly absurd… [Read Here]

Manager Who Called Gold’s All-Time High Sees Price Doubling in 3-5 Years
The Quadriga Igneo manager outlines the longer-term case for gold to double, at least.  There are a number of reasons he thinks gold might climb as high as $5,000… [Read Here]

August 16, 2020

“Listening is the foundation, not just of negotiation, but of everything worthwhile in life.”
—Alex B Carter

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!!!  Taken in St. Anthony, Newfoundland, Canada.

Aerial view of Saint Anthony, Nfld

Aerial view of a small town on a rocky Atlantic Ocean Coast during a cloudy day.

August 16, 2019

Lotto ManiaI’m retweeting this as there’s a newfound interest in eating less red meat, addressing global warming, and alternative ways of living life healthier.  Good Morning.

We’re always cautious on any company going public.  IPOs are an opportunity for a company to raise capital before it has a trading history, and usually before it’s even profitable.  If a company has a great story, it may have a huge rally from its IPO, but reality will eventually set in.

Beyond Meat, one of the hot IPOs of the year, saw this recently.  Shares are down over 29% from their all-time high following an earning report where it quadrupled sales — but the company also announced it was issuing more shares.  Even a fast growing company won’t always grow fast enough to keep the market happy.  We suspect other recent IPOs will see similar drops as earnings season unwinds.

Motivational Quote of the Week

“It’s not always that we need to do more but rather we need to focus on less.” — Nathan W. Morris

IMG_0712
Come From Aways, Do You?

More Posts

01-JANUARY 26-2022

Good morning. In spite of 7 percent inflation rates right now, consumers are continuing to spend.  While their overall confidence has dropped, the actual spending itself shows that the economy, largely dominated by such spending, is likely to continue moving higher this year. If inflation rates start to decline in the coming months, the market could be setting up for a solid return as the current fears abate.  Given the latest data showing that consumers continue to be interested in buying homes, automobiles, and appliances this year, even a small change higher in interest rates will unlikely derail the economy’s

01-JANUARY 25-2022

Good morning. On Friday, the stock market broke its 200-day moving average lower for the first time since July 2020.  Stocks are looking at oversold levels going into the weekend, with many names down much further than the overall stock market index.  But yesterday’s wild trading saw a massive drop reverse into a gain at the close. This reversal could be a sign of capitulation by sellers, and that the worst of the current decline is over.  With leveraged traders already wiped out, and plenty of cash from retail and institutional investors on the sidelines, the market could see a

01-JANUARY 24-2022

Good morning. Markets had $3.3 trillion reasons to be volatile last week.  That was based on the notational value of options expiring on Friday.  That included $1.3 trillion for individual stock positions alone, the second-highest on record.  Traders repositioning those trades ahead of expiration last week may have contributed to the big selloff, which finally started reversing on Friday as Treasury yields started coming back down. Given the growth of options trading, this phenomenon of added volatility into options expiration weeks may continue for the foreseeable future.  While February’s contracts are far lower in value, the next big hump will

01-JANUARY 23-2022

Today! January 23, 2021 “Creativity is an action, not a feeling.  Your work is too important to be left to how you feel today.”  –Seth Godin Power Thought That Raises Awareness Whenever we’re talking about personal transformation — whether it’s physical (lose weight), financial (get out of debt), mental (overcome anxiety), spiritual, relational (repair a broken relationship), etc. — what we’re really talking about is change.  And for most, that can be scary.  In fact, many people don’t even entertain the idea of change until the pain of not changing becomes unbearable. In other words, you have to be ready and willing

01-JANUARY 22-2022

Today! January 22, 2021 Good morning. The trade war.  The pandemic.  The election.  All the big catalysts that can move markets up or down are now off the table.  So what’s next?  Until a new catalyst emerges, expect markets to drift. With markets in a long-term uptrend, the drift will likely be higher.  Individual names can still have some big news on corporate announcements and earnings reports.  And look for potential catalysts that could provide the market’s next big move, whether higher (stimulus) or lower (war, pandemic, today’s high valuations). Now here’s the rest of the news: A “Cash Panic”

01-JANUARY 21-2022

Good morning. Fears of rising inflation are likely to peak this year.  That’s good news.  And with news that major spending bills would be broken up, the likelihood of further fiscal stimulus to drive inflation higher is also likely to help there. In other areas, however, the economy is showing signs of a slowdown.  Jobless claims have risen to a three-month high.  Home sales have slowed after a massive boom in the past 18 months.  And now, expectations are that the trans-Pacific cargo trade are now rising to a three month wait time on average.  With a longer wait time

01-JANUARY 20-2022

Good morning. While the stock market has largely been focused on rising interest rates in the past few weeks, the start to earnings season this week has been subdued.  Many of the big banks have started to report numbers.  And banks should be faring well even with higher rates of inflation going on right now. However, bank earnings have overall been lacklustre, as many banks have reported trading losses that have offset the gains made from a big year for mergers and IPOs. If bank earnings aren’t enough to get the markets excited and moving higher, chances are we’re in

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