NewCover with LOGO

12-DECEMBER 02-2020

The Blame GameGood morning.
The stock market is easily hung up on several newsworthy, but not necessarily economically essential events.  For instance, last year marked the end of the “trade war” talk, where markets would sell off like clockwork on a suggestion of higher tariffs between the U.S. and China.
Today, the markets have a knee-jerk reaction to the upside when they hear about more stimulus.  Somehow, a global pandemic managed to get sandwiched in between these somewhat inconsequential pieces of news that can move markets yet rarely rise above the level of gossip.  The latest stimulus talk, with a bipartisan compromise plan, was enough to send the Nasdaq to new all-time highs.

Now here’s the rest of the news:

The Shocking Growth In America’s National Deficit 
To say the national deficit is out of control may be an understatement.  Our surging deficit is a sign of “spending has gone wild.”

Gold currently at $1,817.75, silver at $24.10

December 02, 2019

It didn’t take Darren Hardy long to remind us, “What Today Brings!”

Time to ‘Get Crackin’ … 😉

IMG_0712
Come From Aways, Do You?

More Posts

10-OCTOBER 16-2021

“When trauma comes, we can learn from it, heal from it, and move through it.” –Dr. James Gordon Listen, Pause, Clarify and Validate Our ability to communicate effectively is one of the most precious skills we can develop.  Most of the time, when we think of communicating well, we think of effectively expressing ourselves.  This is certainly important, but listening is the single most important of all communication skills.  It’s what Stephen Covey calls “Seek first to understand and then to be understood.” Listen First and foremost, we must actively listen to what someone is saying.  Perhaps we were given

10-OCTOBER 15-2021

Good morning. Wednesday’s inflation numbers came in at a 15 year high.  But beyond the headlines, core inflation numbers have started to show a slowdown, with a rise of 0.2 percent from August.  It’s not a reversal, but a still-hidden sign that inflation may be moderating.  The bond market picked up on the news, with yields ticking down slightly. If that’s the case, then many of the fears impacting the market right now may go away.  That could explain part of Thursday’s rally, on top of the debt ceiling delay to December.  While we’re not out of the woods yet

10-OCTOBER 14-2021

Good morning. Inflation may be the headline story, but it’s just one factor that could impact corporate profitability this earnings season.  Many companies are able to pass on rising costs to customers from run-of-the-mill inflation.  But higher energy prices, which have been running hotter than official inflation measures, represent a much larger bill for many companies.  We’re already starting to see warnings on that front, including form airline companies, as oil prices hit a seven-year high. But there’s one more threat out there.  Last week, 136 nations signed an agreement on a minimum corporate tax rate of at least 15

10-OCTOBER 13-2021

Good morning. Earnings season is kicking off in earnest this week.  Typically, companies are able to beat expectations most of the time as Wall Street analysts adjust their expectations ahead of the results.  This time around, with companies coming off one-year numbers that look good from the lockdown era, combined with rising labor and energy costs, it’s possible that earnings may have peaked for the time being. If that’s the case, it comes down to guidance and expectations as to where the market goes from here into the end of the year.  With a labor market that’s still somewhat sluggish,

10-OCTOBER 12-2021

Good morning. One sign of an overvalued market occurs when company CEOs step down from their role, often after many years.  It’s tough to bow out at the top, and those who can will try to do so, rather than stay too long and get forced out after a bad decision or market events destroy shareholder value.  We saw a large rush of company executives leave in early 2020, just into the pandemic selloff. Now, that trend has slowed down.  But it’s not over yet.  Henry Kravis and George Roberts, founders of private equity giant KKR, are stepping down as

10-OCTOBER 11-2021

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

10-OCTOBER 10-2021

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!!! Beautiful red fishing shack and boat house at the Atlantic ocean shore, Newfoundland, Canada …very peaceful! October 10, 2020 The KEY To Change “Everyone thinks of changing the world, but no one thinks of changing himself.” —Leo Tolstoy Everything begins with a belief.  As Ralph Waldo Emerson once said, “Life consists of what a man is thinking about all day.” Along those lines, what we think determines who we are.  And who we are

Like this article?

Share on facebook
Share on Facebook
Share on twitter
Share on Twitter
Share on linkedin
Share on Linkdin
Share on pinterest
Share on Pinterest

Leave a comment

Send Us A Message

Copyright © 2021
Rob's Personal Blog

“I started with Hayes to share photographs and stories of my travels with you.  It was perfect for your lifestyle.”

Today I help people build their own blogs and websites … just like this! 

All Rights Reserved
Hello // ELEMENTOR