10-OCTOBER 05-2021

Fall 2021Good morning.
It’s amazing to think that at one point last year, oil traded at negative prices as traders sought to get out of the way amid collapsing demand and ample supply.  What a difference a year makes.  Crude oil is now at a seven-year high, as OPEC announced that it would not make a big production boost.
Natural gas markets are in a similar disarray, with rising prices surprising traders there.  These prices push up the cost of everything from a tank of gas to heating your home in the winter, and represent a sign that prices are likely to keep rising, even if direct government stimulus programs are now out of the way.  The latest move in the energy markets is adding fuel to the inflationary fire, and helping to weigh on current shaky markets.

Now here’s the rest of the news:

Joe Manchin Is Forcing Congress To Think About the Deficit.  Good –Eric Boehm,Reason
Among Americans who aren’t liberal pundits, both the debt and deficit rank as major concerns.  It’s about time Congress noticed… [Read Here]

October 05, 2020

See some resultsGood morning.
In politics, what just happened is called an “October surprise.”  But beyond the President’s positive Covid-19 test, another factor is at play.  Friday marked the final job numbers before the election.
With a 7.9% unemployment rate, President Trump has an uphill battle.  Whether or not the electorate will see past the effects of the pandemic, Trump is the first modern president to go into a reelection campaign with a higher unemployment rate than where he started.  If 2016 proved anything, Teflon Don may still yet win, but expect continued market volatility.

Now here’s the rest of the news:

 

October 05, 2019

Where do you stand today … though not to compare … with Rockefeller.

Darren Hardy effectively make his point clear:

Have another wonderful day … Promise Me!  🙂

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Come From Aways, Do You?

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Good morning. When it comes to America’s lawmaking process, you can get a good idea of what will happen by taking a law’s title and assuming the opposite.  Many are taking that approach with the “Inflation Reduction Act,” a law just passed by the Senate and moving to the House for a vote. Rather than cut back government spending, the law looks to increase it by hundreds of billions of dollars.  With the government running a deficit, chances are this legislation will add to, not reduce, inflationary pressures. That’s especially good news for the wealthy, as high-earners will be largely

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