The FOMC policy statement is going to be announced today at 2pm EST and there will be a press conference with Chairman Powell at 2:30pm. As a stimulus bill has proved elusive, investors will be looking for what Powell has up his sleeve for expanding the Fed’s balance sheet. There are two main topics to watch for in the statement or in the press conference: negative interest rate policy (NIRP) and yield curve control. While the Fed isn’t all-powerful, they can goose the market along most of the time and it looks like they may need to do it again.
Now here’s the rest of the news:
Just 10 Stocks Accounting For Half The August Gains Has Led To “Record Market Fragility” by Tyler Durden
We have previously shown that the S&P500 is rapidly becoming the S&P5, with just the 5 FAAMG names now accounting for a record 23% of the S&P’s market cap, well above the concentration observed during the peak of the dot com bubble when a similar figure only hit 18% (for MSFT, CSCO, GE, INTC and WMT).
Stanley Druckenmiller Says Stock Market Is In ‘an Absolute Raging Mania’ Fears Fed Raised Risk of Inflation and Deflation by Mark DeCambre
A day after the highflying Nasdaq Composite index tumbled to its fastest correction from a record in history, Stanley Druckenmiller has some thoughts to share.
“Right now, we’re in an absolute raging mania.” — Druckenmiller
The famed former hedge-fund manager, who with George Soros famously broke the Bank of England by shorting the pound in 1992, told CNBC in an interview on Wednesday that the Federal Reserve has inspired a “big party” in financial markets that has powered the stratospheric climb for U.S. stocks which he says eventually leads to a “hangover.”
September 16, 2019
Secrets to the Handling of Difficult People
In a perfect world, you get along with everyone. Most of us, in one way or the other, live with people who make our life difﬁcult at best — or a living hell at worst. The worst part is, you have to see them almost every day!
But you don’t have to live in agony any longer. We’ll uncover the Eight Ways to Deal with Negative or Rude People:
- Take control of your feelings. Easier said … don’t let your angry feelings control your actions. So just stay calm. Focus on your breathing and don’t let the negativity get to you. You don’t have to raise your voice to make a point; use a well-modulated voice and steady eye contact. Whatever that person does or says, don’t take it to heart.
- Tell them nicely how you would like to be treated. Tell them (in a nice way) that you would really appreciate it if they treat you better.
- Use the “When you…, I got (or felt)… because… Is it okay if you…?” formula. Example: “When you acted like a crazy person at the party, I got humiliated because everyone perceived our family to be highly disrespectful. Is it okay if you don’t do that again in the future?”
- Seek an authority. Sometimes, the best way to deal with difficult people is by getting someone else of higher rank (someone they respect or accountable to) to talk to them.
- Steer negative people in the positive direction. Sometimes, people don’t realize just how negative they’re being. By letting that person relate something positive to you, you’re shifting his/her mood and thinking from pessimistic to optimistic.
- Acknowledge your flaw, provide a valid reason, and give a counter offer. Let’s say someone is complaining that you’re not giving enough attention to them. Tell them, “I know I have been working late and haven’t socialized in a while. Tell you what. After my project is finished, we’ll take a vacation anywhere you want to go. Would that be okay?”
- Focus on your own energy. Focus on what needs to be done rather than the person itself. The more you focus on yourself, the less affected you’ll be by negativity.
- Avoid further interaction. Sometimes, people just don’t like to change or won’t give in… no matter what you do. If all else fails, do what you can to avoid being with them, keeping your interactions to a bare minimum.
The power is now in your hands … how you deal with ‘such people that may include those who disagree with anything you say, the negative thinkers who suck the life out of you, the rude or hot-tempered folks who treat you like trash, or those you simply can’t get along with’.
Keep your head high-above water … AND … remember to breathe! 😉
September 16, 2018
Part two — There Is No Finish Line [part one was yesterday]
The journey of personal development is about becoming the best version of yourself that is possible. It isn’t a race and there is no final destination.
Success is a journey, not a destina-tion. When you first get started, you may think to yourself, “I will work on myself until… then I will be done.”
Until you become rich? Famous? Successful?
There is no destination when you are on the journey of personal development because you can always learn more and you can always improve. No matter how successful you become, you can always do better.
Remember, on the road of personal development, there is no finish line and no short cuts.
Pretty cool eh?
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Create A Great Day! 😉
September 16, 2017
On this day, we left “Our Million Dollar View” and drove towards Halifax. Along the way we “reminisced” about the previous days and what was accomplished together. One of the memorable spots along the way was Wolfville.
With a bit more food, a few more pictures, and some extra geocaching … we realized this was coming to a close very quickly. Returning the KIA to Enterprise, we proceeded upstairs to check-in early! This was the day we “return to the UK, or Calgary?” Again, we were greeted again by Dione and Cameron. What an EXTRA SPECIAL TREAT it was to also visit with Bryanna. Bryanna is Dione’s daughter and Cameron’s mom…
For me … it was the icing on-the-cake that tied the family “bits ‘n’ bobs together! It was great to complete our vacation-away on these images… I’ve enjoyed remembering these images and comments … and with all my/our love, Thanks!