The stock market has now gone a record period of time without facing a correction of more than 5 percent. However, a small correction may now be underway. Over the weekend, the collapse of the Afghanistan government to the Taliban led to the rise of a geopolitical crisis. While the market dropped initially on the news and recovered, there may be some more volatility in the next few weeks.
Historically, geopolitics is a dreaded “G word” for markets, at least for a time. Most crises of this nature tend to flare up and fizzle out quickly, leading to a healthy market pullback before a return to a bull market. From the Cuban Missile Crisis to even the 9/11 attacks, these geopolitical events tend to only hit markets for a few weeks before markets come roaring back. History says it would be wise to be defensive and look for bargains during those weeks.
Now here’s the rest of the news:
House Democrats Dismisses Inflation Concerns as “False Advertisements” on Video –Samuel Dorman,Fox Business
In response to the question, “Are you concerned about the rising gas prices and the rise in the cost of consumer goods?” she dismissed inflation as “false advertising” and insisted… [Read Here]
Consumer Sentiment Fall to Pandemic-Era Low, in One of Largest Drops on Record –Jesse Pound,CNBC
“The Sentiment Index has only recorded larger losses in six other surveys, all connected to sudden negative changes in the economy,” the chief economist said… [Read Here]
August 17, 2020
With less than 10% of S&P 500 companies left to report, it doesn’t mean that this isn’t an important finish to a big earnings season. While there was a lot of uncertainty coming in, the results found more companies beating on EPS and revenues than normal.
However, with such a low bar, it did make it easier to hurdle. While the earnings were surprising, the reaction was under-whelming as the movement exhibited on an earnings beat was less than average. With some big retail names like Walmart, Home Depot, Target and others announcing this week, it is a big deal.
Here’s the rest of the story: Declare For This Week!
“I am a problem solver. I help people, and the more people I help, the more money I make!”
(Say this 3 times today, and for 5 days)
Want to be able to sell more of your product or service? Jesse Eker gives a really great explanation of WHAT people actually want when they choose to say YES to you. Knowing this gives you the power to change your sales process to get more people buying your stuff. And it’s not about sales physiology or any manipulation, either. It’s a word that starts with a T and ends with a N.
Take a guess, and then go watch this video!
Yes, ‘we’ do want to sell more of what we offer! TRANSFORMATION vs information!
August 17, 2019
Do you hate it when someone doesn’t value your point-of-view? Then you will love today’s blog post.
There are eight key factors that could dramatically increase your chances of persuasion success.
Eight Key Factors:
- Be Crystal Clear in Imparting Your Message.
- Watch Out for Body Language Signs.
- Start Your Discussion on the Right Track.
- Never Assume nor Disrespect.
- Make Sure You Completely Understand His Message.
- Give Them a Summary or an Overall Glimpse of The Big Picture.
- Pay Attention to What Is Being Said Instead of Thinking What You’ll Say Next.
- Practice, Track Your Progress, and Learn From Every Experience.
- Practice, practice, practice …
- Observe people’s reaction or response when you apply your persuasion techniques on them.
- Ask for feedback.
- Record your persuasion attempts.
A generation ago, workers tended to stay at the same company for years, if not decades. Today, it’s expected for anyone building a career to move between jobs every few years. That allows for the fastest way to get higher pay and a better job title along the way. Now, anyone who has been at a job for two years won’t be passed up by a potential new employer.
Don’t wait too long! 🙂