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The Problem With Libertarians
While speaking at the Libertarian National Convention, Joel stirred things up with his ideas about personal freedom.
This Week’s Going to Be Interesting
Despite the Nasdaq Composite ending last week down 1.1%, the other major benchmarks ended the week higher. The trend for all of them, including the Nasdaq Composite, is still, up.
But there were minor cracks in the yellow-brick road last week.
A big crack developed on Monday when the Nasdaq 100 (NDX), an important index of the biggest 100 (non-financial) stocks listed on the Nasdaq, rose 2% in the morning, breaking through to new all-time highs, then collapsed spectacularly, ending the day down more than 2%.
[Part 2] Living Rich: How to Live as Well as a Billionaire
Mark Ford continues to share his best tips for anyone who wants to live as well as a billionaire without breaking the bank.
Big Banks: Buy, Sell or Hold?
The country’s biggest too-big-to-fail banks have all reported second quarter earnings and the results were chock full of good news and bad news, depending on the bank and its banking model.
What the banks’ earnings, profits and losses tell us about the economy, about their health, and about the outlook for their stocks gives investors a window into the economy and how to play the banks.
[Part 1] Living Rich: How to Live as Well as a Billionaire
You don’t have to be a billionaire to live as well as one… especially if you follow these tips from Mark Ford.
The Single Most Destructive Force of Our Time
We’re going deep this morning. We’ve got something on our mind. And it has to do with the new conscience of this nation.
The Stock Market’s Poised for Another Leg Up, and If You’re Not on Board, You’ll Be Left Behind
The stock market’s risen like a bat out of hell since bottoming out on March 23, 2020.
Remarkably, the institutional benchmark S&P 500 is up 43% after being hit by the coronavirus pandemic.
And while there’s still no vaccine for Covid-19, as the country sees dangerous spikes across 32 states, with mayors and governors again calling for businesses to shut down, as the additional $600 per week unemployed workers were getting runs out, the stock market looks clearly poised to go higher.
Here’s where we’re at, what hurdles are left to jump over, and why we’re headed higher.
If You Want to Make Money… You Must Use This Metric
We have some charts that show just how odd these times are… and why we must adjust the way we invest.
Where You Should Invest Your Money Today
Who knows what today’s cash will be worth tomorrow. That’s why Joel has three investments worth your money now that will bring you peace of mind later.
Earnings Will Now Set the Market’s Tone
With markets working themselves higher last week, higher since the March lows, higher forever for the Nasdaq Composite, you could say the good news is behind us and what’s up next will be weightier.
When I say good news, I’m not talking about the bad news all around the country showing dramatic and frightening coronavirus spikes, I’m talking about most of the economic indicators coming out ahead of analysts’ expectations over the past four weeks. Not all of them mind you, but most of them.
Why? Because analysts knocked down every number, every expectation, every hope they had.