10-OCTOBER 18-2021

Back to Work_15Good morning.
Treasury cash levels dropped from a peak of $1.8 trillion back in February to under $60 billion earlier this month ahead of the debt ceiling debate.  With the passage of a debt ceiling increase, the Treasury is looking to refill its coffers, with as much as $480 billion.

To raise the cash, the Treasury will be selling more T-bills, which could start to weigh on the bond market, pushing up yields in the process.  As we’ve seen throughout the year, rising Treasury yields can cause the market to stall.  So while all eyes are on the Fed to cause the next market volatility, this time around it may be the Treasury.

Now here’s the rest of the news:

Where Are Global Economic Forces Pushing Gold and Silver Prices?
This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: What’s next for gold and silver, more parallels with the Great Recession, and investment demand for bullion is reaching new heights. [Read Here]

October 18, 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!!!  Winter Fishing Community of Trout River!

Winter Fishing Community of Trout River, Gros Morne National Park, Newfoundland and Labrador

Snuggled in a sheltered cove on the West Coast of Nfld. [ near… Gros Morne National Park]

October 18, 2019

The five Ws signpostGood morning.
Thanks to the ongoing trade war with China and all the uncertainty that’s created, US industrial production sunk 0.5% month-over-month in December.  That also sent total industrial production lower on a year-over-year basis for the first time since President Trump was elected.
Given how long major changes in production and sentiment need to change, a trade deal will need to be finalized soon to show up in the economic numbers before the 2020 election.  The real crunch time for the markets – and Trump’s presidency – is now.

Other NEWS:

Uprooting Your Habits, both good-ones and bad-ones, takes considerable commitment!  I’m personally working on replacing the word “but” with “and.”

The word but may trigger a negative reaction because it sounds like I’m counteracting one’s proposal.

The word and sounds like I’m adding or complimenting their suggestion.

Example:

“Mark, your proposal sounds amazing.  We’ll be able to satisfy the employees and generate more sales.  And it may entail a bigger budget that seems a little out of our reach.”

You first acknowledge Mark for all the benefits of his proposal (that it will be able to satisfy the employees and create more sales).  Then you wittingly mention the objection at the end (that it will necessitate a larger budget, which the company may not approve).

The second sentence begins with and not but so the objection is perceived to be more of an additional comment rather than a criticism.

Using an illustrator/cartoonist, Darren Hardy’s message today is Uprooting Your Bad Habits.

Most people can relate to this story.  Swallowing medicine is easier with a spoonful of sugar!!!

Inch by inch it’s a cinch … 😉

IMG_0712
Come From Aways, Do You?

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11-NOVEMBER 30-2021

Good morning. Monday’s reversal of Friday’s big market drop shows that fear of new Covid variants is waning.  While that may change as new data on the latest variant comes in, traders didn’t have to wait that long.  Instead, they’ve been following the BTD playbook – and buying the dip. That’s been a successful play in general.  After all, markets rise over time.  However, this trend has been on steroids since the start of the pandemic, following the shortest bear market in history and a rise in retail traders armed with stimulus checks and nowhere to go.  As long as

11-NOVEMBER 29-2021

Good morning. The half day US markets are open the day after Thanksgiving is usually one of the quietest trading days of the year. 2021 delivered the worst one-day performance for stocks instead, as a new version of Covid out of South Africa, dubbed the “Nu” variant, appeared to be spreading. While the market has had a selloff and sentiment has flipped from bullish to bearish overnight, we’ve learned from the Delta variant that markets can be volatile, but will likely remain resilient.  Still, traders may want to lighted up on their most aggressive trades, even if that goes against

11-NOVEMBER 28-2021

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!!!  Maple Leaf Canadian Flag pole alone in barren coastal landscape of Newfoundland, Canada, I’m proud to be Canadian. November 28, 2020 Simple diet tip for parties. The “Holiday Season” is officially here… Feeling guilty about that extra slice of pie?  Don’t beat yourself up!  It takes a lot of calories — 3,500 — to gain a pound of body fat.  So really, that one off day doesn’t usually result in any significant weight gain. It’s about what you

11-NOVEMBER 27-2021

Enjoy Silence Eliminate a life of expectation.  Expect less from people, and disentangle yourself from obligations.  Learn to say no so you have more time and space to say yes to what you want in life. At home: Get rid of stuff you’re always moving from place to place.  If you don’t love everything around you, then toss it. Do your shopping once a week.  Those quick pit stops to the grocery store a few times a week take time away from something else. Do laundry less often.  Simplify your wardrobe, and you’ll have more pieces to mix and match.

11-NOVEMBER 26-2021

Good morning. It’s been 624 days since “15 days to flatten the curve,” kicked off the part of the pandemic where the economy was deliberately shut down.  Unlike a light switch, however, it’s not the sort of thing to start back up again.  Trillions were spent propping up the economy with extended benefits and stimulus checks. The labor market is improving but still in disarray.  Inflation and job demand has pushed up wages, creating a “Great Resignation.”  And for all the time, effort, and money spent to create these new problems, those fortunate enough to invest in the stock market

11-NOVEMBER 25-2021

Good morning, and Happy Thanksgiving. Oil prices somehow moved up on Tuesday, despite President Biden’s announcement that the Strategic Petroleum Reserve would be tapped, bringing 50 million barrels of oil onto the market on top of additional releases so far. The problem?  While that number sounds impressive, markets were pricing in 100 million barrels instead to really shock the market.  The move was small enough to earn a mocking note from Goldman Sachs (GS), which continues to see oil prices rising into 2022 on rising global demand, without even adding in factors such as inflation.  Prepare for more pain at

11-NOVEMBER 24-2021

Good morning. No, it’s not a mythical creature from a game of Dungeons & Dragons or Lord of the Rings.  It’s a term for Organized Retail Crime.  And it’s on the rise. Pandemic-era mask mandates have made retail theft substantially easier.  And some jurisdictions such as in San Francisco have eliminated any criminal penalty or law enforcement resources for thefts under $950.  That’s caused a number of retailers to flag organized thieves, but at the cost of millions in inventory losses, including some who hit up multiple stores in some areas looking for items to resell cheaply online. The latest

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