10-OCTOBER 26-2021

Halloween HorrorGood morning.
When it comes to taxation, the government’s vision is based on movement.  It’s not until you make a move and take a gain that your paper profits become real, and therefore taxable.  That’s a key reason why Warren Buffett’s favorite holding period is forever.
But that may soon change, thanks to a proposed billionaire’s tax.  To fund the latest spending programs, the government is looking at taxing billionaires, or those who made more than $100 million in income for three years in a row, on unrealized gains.  Rather than hold forever, these ultra-wealthy may have to start selling off shares to pay taxes they would be charged for not selling off shares.
While that sounds roundabout, it could lead to a wave of selling that would hit everyday Americans in their 401k or IRAs as well.  While wealth inequality is an issue, this top-down approach could kill the markets and make all worse off rather than better redistribute wealth.  Keep an eye on the passage of this tax.  It may not happen this year, but it’s now on the table in future years when it may be more politically viable.

Now here’s the rest of the news:

I’m A Twenty Year Truck Driver, I Will Tell You Why America’s “Shipping Crisis” Will Not End –Ryan Johnson, Medium
I have a simple question for every ‘expert’ who thinks they understand the shipping crisis: Why is there only one crane for every 50–100 trucks at every port in America? [Read Here]

Silver Fuse Is Burning…
“With this, the narrative will change from a we are not worried, it is transitory to a we need to deal with it where inflation is concerned.  Therefore, this could easily be the fire to the fuse of the silver rocket.” –Korbinian Koller [Read More]

October 26, 2020

Get What?Good morning.
For all the predicted election volatility, we’re not seeing it yet.  In fact, the market’s sideways turn in recent sessions looks more like a sailing ship stuck in windless doldrums.
But, again, beyond the headline numbers for stocks, it’s still earnings season.  And companies that have thrived during the pandemic are continuing to do well.  For the rest, it’s really a function of whether or not things have been as bad as expected… or worse.  Chances are we’ll get a stronger market trend after next week’s election.  The real question is how many days it will take for the outcome to be clear.

Now here’s the rest of the news:

 

 

October 26, 2019

How are you doing with those Daily Activities?

Reminding you with repetition … and … connecting with DarrenDaily is essential.

Come on RockStar … move it!  😉

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Come From Aways, Do You?

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11-NOVEMBER 30-2021

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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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