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?

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09-SEPTEMBER 18-2021

Ten Ways To Foster Innovation In order to compete effectively, we must look for new and better ways to accomplish our mission.  We must find creative methods to delight our customers.  And we must find innovative strategies for getting more done with fewer resources. With things changing as rapidly as they are, doing things the old way won’t be profitable for very long.  To grow, we must be constantly innovating. An innovative company attracts and keeps better employees.  People want to be part of something creative.  It’s stimulating and it’s fun. Here are ten things you can do to foster

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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