11-NOVEMBER 11-2021

WeirdGood morning.
The data is in, and it’s not pretty.  For six months in a row, inflation has been coming in at a rate well over 5 percent annualized.  While September showed a promising slowdown in some areas, the October numbers showed that was simply a one-month move and not the broader start of a slowing inflation trend.
Investors are scrambling for the inflation protection of gold, as well as bonds, based on the declining yield curve there – a warning sign that high inflation rates could lead to enough of an economic pullback to cause a recession.
The rise of cryptocurrency is also picking up investor interest as a hedge against inflation.  With the “inflation is transitory” narrative starting to collapse, it might be prudent for the Federal Reserve to act sooner rather than later, even if the stock market has to take a breather from its current rally.  Traders may want to get cautious again.

Now here’s the rest of the news:

November 11, 2020

Lest We ForgetGood morning.
Since election day, the markets are generally up, but some major declines in the Nasdaq point to a significant underperformance in the tech space.  That may be a sign that tech, which led markets higher this year, is finally pulling back and letting other sectors lead.
With many non-tech names still below their all-time highs, a shift to those relative underperformers may help push the markets higher while tech takes a step back.  Value investors have seen their holdings underperform growth, or even a more balanced approach, for years.  But eventually, even value stocks can lead the market, and we may be on the cusp of such a move if the current trend continues.

Now here’s the rest of the news:

On Monday, drugmaker Pfizer (NYSE: PFE) announced successful trial results for its COVID-19 vaccine candidate.  The treatment was deemed to be “more than 90% effective in preventing COVID-19.”  To be sure, that is wonderful news.
We also have been told that it may take six months or longer for the vaccine to become widely available.  It must be manufactured, distributed, and administered to enough people to achieve herd immunity.  The Pfizer treatment must be administered in two doses.  The 90% level of protection from the virus is not achieved until one week after the second shot.  That works out to 28 days from when the first dosage is administered.

November 11, 2019

Lest We Forget!

Darren hardy shares a few words about Remembrance Day … Veterans Day in the US.

Here’s to all heros … and all people striving to be their best!  😉

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Come From Aways, Do You?

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