10-OCTOBER 11-2021

Monday

Good morning.
The term “unicorn” was created to describe startup companies that had a valuation of over $1 billion based on their latest round of funding. The notion was that such a company should be rare, as at that size it would make sense to take a company public.
Yet today there are hundreds of unicorns. The rare species has become a herd. And none is bigger than SpaceX, the space exploration company run by Elon Musk. A recent funding round has led the company to become the first centi-billionaire firm, with a valuation of over $100 billion.
By the time the company goes public, there may not be much upside left for retail investors, a problem even smaller unicorns have faced, given the lackluster returns of IPO stocks in the past year. Investors would be wise to note that, even in the age of centi-billionaire firms, valuation matters. If a privately-held company can grow so large, valuations are still high… and likely to remain so for some time.

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

Gold … $1,758.46 (-0.2%)
Silver … $22.76 (+0.5%)
Platinum … $1,034.50 (+5.4%)
Palladium … $2,111.13 (+8.1%)

Now here’s the rest of the news:

With Stagflation Ahead, How Will Gold Respond?
We’re seeing a toxic brew of high inflation and slow economic growth develop, and the Fed seems ill-equipped to fix either. Here’s what that might mean for gold’s price… [Read Here]

Is The Small Business Sector Being Deliberately Targeted for Destruction?
Small businesses nationwide are failing at historic rates. Brandon Smith of Alt-Market.us speculates this may be a deliberate policy choice… [Read Here]

How the Housing Market Went from Overheated to Raging Inferno
How can homes be both unaffordable and in a bubble? In the background, unnoticed by most, the Fed has conjured another housing bubble… [Read Here]

October 11, 2020

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!!! St. John’s Row Houses … in Winter!

I’ve been told that if anything Newfoundland winters are good about, it’s their ability to clear the snow off the streets.

October 11, 2019

Good morning World! Although the unemployment rate has fallen to 3.5 percent, new data on job openings shows a drop to 17 months lows. What’s more, the level of hiring and quitting is also showing a slowdown. [Although these are USA stats … Canadian unemployment stats have also improved.]

This is typical when the job market reaches full employment, and many have argued that even a 5 percent unemployment rate is a worthy goal. But given this slowdown, which hasn’t showed up on a rising rate yet, the window appears to be closing, if ever so slightly, on finding a new, higher-paying job.

** ** **

Should you be thinking of change, job related, here are four keys to remember:

Believe in yourself and your message first, before attempting to make anyone believe in you. Your own conviction will manifest in your words and actions. You’ve probably heard about cult leaders who relayed their messages with such intensity and unfettered emotions that the audience would do anything being told to them, even if it means ending their own lives! But of course, you should use this only for good means.
Be consistent. Establish trust so people are more likely to believe you. Then say words that are honest and consistent with your actions and body language, so your future messages are more credible. Make sure that your voice volume, pitch, and tone, as well as your gestures, are appropriate for the current situation. Just imagine the insult and awkwardness if you’re attending a funeral and you suddenly laugh. Be aware of your words and movement always.
Be yourself. Don’t be someone you’re not. If you’re in love with someone, for example, but have qualities not compatible with him and fake your behavior or “wing” things just to impress him, sooner or later, you’ll be found out. Don’t claim to be someone you’re not.
Never lie. One lie, just one lie you say, will make people doubt whether all the past things you’ve said are true. That will ruin their trust in you, and they might never believe you again.

Whatever you say from then on, they will scrutinize first and ask themselves, “Can that be true?” And when you’re persuading people, you possibly allow them to have any doubts in their minds!

“There are no limitations to the mind except those we acknowledge. Both poverty and riches are the offspring of thought!” —Napoleon Hill

To your success … however YOU define it! 😉

01-JANUARY 15-2022

Shine Your Light on Others Real leadership, the kind of leadership that not only works but also has a lasting impact, is about building other people and shining your light on them, not on yourself. Real leaders understand they are here to work for the team, and not the other way around. A mediocre leader tries to impress people with how important he or she is. A great leader impresses upon people how important they are. People will be willing to do more and accomplish more when they feel recognized. A little recognition goes a long way, but you have to

01-JANUARY 14-2022

Good morning. Earnings season offers a big opportunity for markets to move in either direction. With the market currently contending with the issues that come from rising interest rates, and the latest Covid variant (which Bill Gates say may be the last before Covid becomes more seasonal like the flu), this quarterly earnings report could be a make-or-break. While the data from the last quarter of 2021 are already in the rear-view mirror, early indications are that overall earnings for the S&P 500 are up 49 percent. That’s hugely bullish, and some industries are likely to move higher no matter

01-JANUARY 13-2022

Good morning. Wednesday’s inflation reading of a 7 percent annual increase is the biggest move higher for inflation since 1982. However, behind all headlines are some good and bad news. Good news? The rate of inflation growth is slowing, and that may be confirmed over the next few months. And, within the data that goes into inflation, some components are still continuing to rise, such as energy and gasoline prices. But other factors, like meat prices, are starting to decline. This more nuanced picture shows that many inflation components are also tied in with shortages, and that the rate of

01-JANUARY 12-2022

Good morning. The stock market continues to struggle to find its footing this year, as attempts to move higher seem to be thwarted by a number of news items such as rising Covid cases. However, combined with a low death rate (something the news rarely talks about anymore), the latest variant may allow the pandemic to become endemic to those who haven’t yet moved on. In the meantime, a number of investors are getting bullish following the latest selloff. Of particular note is the renewed interest in Bitcoin, where billionaire Bill Miller states that half his personal portfolio is now

01-JANUARY 11-2022

Good morning. At its lows yesterday, the Nasdaq hit correction territory, down 10 percent from its most recent high. That comes as interest rates continue to creep higher. With a week loaded with economic data, that’s no surprise. By the end of the week we should see the latest inflation data with a CPI release on Wednesday, as well as the PPI for producer data. Retail sales will give a hint as to how the holidays performed compared to prior years, and a number of Federal Reserve members have speaking engagements which can move the markets this week. With the

01-JANUARY 10-2022

Good morning. Going into Friday’s job reports, a full 86 percent of market participants queried believed that the Federal Reserve would hike interest rates in March. Such a move, coming off of last week’s hawkish meeting minutes, would mean going from 0 percent interest rates to 0.25 percent. While not a huge move, it would be a sign that the economy is performing well and that the job market is getting close to normal. While the latest jobs numbers had a big miss on Friday, enough jobs were created to drop the unemployment rate down to 3.9 percent. Sure, the

01-JANUARY 09-2022

More Newfoundland wonder! January 09, 2021 Getting A Job Is a Job A recruiter asked a job candidate, “Why did you leave your last job?” The job applicant replied, “It was something my boss said.” “What did he say?” “You’re fired.” This person definitely needs a copy of my new book – “Getting a Job is a Job” – which comes out Jan. 5. In it, I focus on bouncing back after being fired, dealing with rejection and the emotions people feel. And I explain why you can’t take it personally. The book is chock full of helpful hints on