Good morning, and Merry Christmas Eve.
Businesses are at the front line of the economy, and their decisions can impact data that reflects economic growth, inflation, and a host of other issues. Right now, orders for durable goods have dropped in November, marking only the second month-over-month drop since the start of the pandemic.
That could be a sign that businesses are scaling back going into the holidays, thanks in part to sizeable inventories for goods that aren’t affected by supply chain issues. But it’s a sign that the real economy has some kinks in the system to work out in the months ahead. With this note of caution, it’s likely that a shift higher in months ahead could be a boon to the stock market. But any further trend lower could be a sign to take profits off the table.
Now here’s the rest of the news:
The War Between Interest Rates And Inflation Just Ended With This
The US Federal Reserve announced this week what many market participants were expecting — a series of interest rate hikes starting next year. The new projections would see interest rates rise to 0.75% by the end of next year, with more increases slated for… [Read Here]
Washington Has Its Most Bizarre Response To Inflation Yet
As inflation reaches its highest point in nearly 40 years, Americans are spending more across the board. So why are antitrust-reform advocates determined to raise prices even higher? A group of antitrust activists are now pushing… [Read Here]
December 24, 2020
After months of cobbling together a stimulus package, the final deal came in with a lot of old-fashioned Washington pork-barrel spending, including billions of dollars for other countries.
While a handful criticized the bill, most politicians voted for it, figuring that something was better than nothing. Yet President Trump surprised by saying he would veto the bill, arguing for direct stimulus of $2,000 rather than $600 per American. So far, that latest move hasn’t moved markets too much, showing that the holiday season can even override the stimulus news cycle.
Now here’s the rest of the news:
December 24, 2019
The Power of Gratitude
“If you learn to appreciate more of what you already have, you will find yourself
having more to appreciate.” —Michael Angler
What if there was something that was both simple AND that could radically transform you, your life, your relationships, and your health? Would that be something you’d be interested in? We thought so. Believe it or not, this “something” that we’re talking about is gratitude, and yes, it really is that powerful. Research has shown that practicing gratitude can:
- Elevate your mood
- Reduce feelings of depression
- Help you feel more connected
- Lower levels of inflammation
- Reduce anxiety
- Boost energy levels
- Reduce the severity/symptoms of illness
- Improve your sleep
- Helps you develop stronger bonds and relationships
- Help you become a better, more likeable, more trustworthy person
Simply put, giving thanks can make you happier, and by helping you get outside of yourself, stop being self-centered, and become other-focused, gratitude can help you get away from ruts, setbacks, and self-pity. Darren Hardy’s message … “Don’t Wish For What You Don’t Want”
It may also make you more successful. 😉