NewCover with LOGO

12-DECEMBER 10-2020

Routine ProcedureGood morning.
We knew that the market’s ups and downs would, in the short-term, be dependent on stimulus talks.  With yesterday’s frustrations came a market selloff.  But it’s not the end of the world.  Markets have largely priced in a stimulus package, and it’s only a matter of time before politicians give the voting population what they want.
Of course, not every stock will go along for the ride.  The news that the FTC, as well as 48 state attorneys general, are suing Facebook for running a monopoly brings back the days of the government’s antitrust case against Microsoft.  That may weigh on some big tech shares, so expect more volatility than usual in the tech space.

Now here’s the rest of the news:

U.S. Economy at Risk of ‘Double-Dip’ Recession Without Additional Coronavirus Relief
That’s according to a new analysis published by S&P economists, which argued that without additional stimulus measures amid a surge in COVID-19 cases, the GDP – the broadest measures of goods and services produced in the country – will almost certainly decline for two consecutive quarters, postponing a full recovery until the second half of 2022.

Americans are likely to see prices jump across a variety of sectors next year, thanks in part to Covid-19 vaccines that will potentially turbocharge demand for such pandemic casualties as travel and tickets to sporting events.
                                                                   Gold currently at $1,873.31, silver at $24.67

December 10, 2019  quote-dream-millionaire

WHEN SOMEONE TOLD ME I LIVED IN A FANTASY LAND I NEARLY FELL OFF MY UNICORN.

Let’s have a bit of fun today, okay?  Searching the WWW, I came upon this definition of Passive Income.
Passive income is earnings derived from a rental prop-erty, limited partnership or other enterprise in which a person is not actively involved.  As with active income, passive income is usually taxable.  However, it is often treated differently by the Internal Revenue Service (IRS). [May 9, 2019]

Here’s Sunny Lenarduzzi to provide us with “Three 100%_evidence_based Passive Income Strategies.”

This is my favorite NO NONSENSE quote from Warren Buffet, “If you don’t find a way to make money while you sleep, you will work until you die.”  And I certainly don’t want to work!  🙂

IMG_0712
Come From Aways, Do You?

More Posts

01-JANUARY 24-2021

“Being realistic is the most commonly traveled road to mediocrity. [Go for it!] –Will Smith Here’s to a better YOU … and now … Today’s DarrenDaily

01-JANUARY 23-2021

“Creativity is an action, not a feeling.  Your work is too important to be left to how you feel today.”  –Seth Godin Power Thought That

01-JANUARY 22-2021

Good morning. The trade war.  The pandemic.  The election.  All the big catalysts that can move markets up or down are now off the table. 

01-JANUARY 21-2021

Good morning. Markets were cautiously up on strong earnings already, but continued to trend higher following the inauguration of President Biden.  His inaugural speech set

01-JANUARY 20-2021

Good morning. The big banks have nearly all reported earnings. And while many analysts have been concerned about how the banks can profit when interest

01-JANUARY 19-2021

Good morning. This week marks a large number of corporate earnings.  Giants such as Intel, Netflix and Goldman Sachs, among others, will report.  These numbers

01-JANUARY 18-2021

Good morning. Joe Biden didn’t offer too many surprises when he listed his economic proposals.  He did, however, suggest raising the minimum wage to $15

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