The selling following Jay Powell's remarks today signify a very important change in trend. Buckle up.from Peak Prosperity https://ift.tt/Y6Be4Pw
Top Finance And Economic News Today. Your one stop site for news about USA and global economy, gold, silver, investing, geo politics, mining stocks. We cover news about and from Jim Rogers, Jim (James) Rickards, Mike Maloney, Peter Schiff, Greg Mannarino, Greg Hunter, SGT Report, Robert Kiyosaki, Martin Armstrong, Bo Polny, Eric King, King World News, Bix Weir, Paul Craig Roberts, Dollar Vigilante and many more.
With me is a dear friend, and an entrepreneur who has navigated his journey from buying video games in Alaska to mastering the intricate world of financial planning. Damian Lupo, someone who not only has profound views on our global monetary landscape but also brings to the table insights on a special type of retirement account - the EQRP. Are you ready to debunk some Wall Street myths and understand the true meaning of being rich? Let's dive in.
In a world spinning like a top, where recession, shortages, and inflation are the new normal, understanding the vast complexities and planning for what lies ahead is not just beneficial – it’s critical. It’s evident that we’re amidst a tidal wave of change, a metamorphosis that’s tweaking the very threads of our society. This change brings with it a cascade of questions. Your daily emails, comments, and messages tell me one thing: you’re not mere spectators. You are passionate, inquisitive, and rightfully anxious inhabitants of this changing world.
In today's Finance U discussion, we delve into the disconcerting trend where global conflicts lead to market boons, challenging our moral compass. Amidst this backdrop, recent data reveals the third consecutive month of rising inflation, contradicting the hope of a tapering trend. The need to interpret these signals correctly for understanding our economic future is vital to building our resilience.
Remember, anything you do today will feel like a complete overreaction but, once the trouble arrives, you will view it as a total underreaction. Such is the nature of fast-moving, large risks. It’s difficult to adjust to them before they arrive. Because you’re reading this, you are probably what is called a ‘fast adjuster.’
While concerns mounts about increasing workforce disability and vaccine hesitancy ,the Nobel Prize's role in combatting skepticism is questioned. Fed will now have to keep rates higher for longer and the 10-year yield at 16-year highs predicts that eventually a whole bunch of heavily-indebted companies are going to die - some of which will be hoovered up on the cheap by the Oligarchy.
Seriously considering it. Well at least backing way off of its use. We know that smart phones are destroying our privacy but the convenience and the addiction is more powerful than the threat to most. By now we all know that smart phones are the cornerstone to all of their plans