At this crisis point in history - what could possibly create these rare and extraordinary gains?

An Arizona multi-millionaire's revolutionary initiative is 
helping average Americans  find quick and lasting stock market success.

Since the Coronavirus came into our lives this slice of the stock market has given ordinary people the chance to multiply their money by 96% in 21 days on JP Morgan.


Trading  | March 29, 2018

For the 26th straight month, US spending growth has exceeded income growth.

Both income and spending were in line with expectations but the much-watched PCE Deflator was a little hot (+1.8% vs 1.7% exp) at its highest in 11 months.

 

Which meant that Real Personal Spending was unchanged in February, after dropping 0.2% in January!

The biggest two-month drop since the financial crisis!

However, for the 2nd month in a row, the savings rate upticked (from 3.2% to 3.4%), as perhaps a new frugal normal is dawning in America…

And as we noted previously, the previously systemic slump in savings (as desperate Americans try to maintain their standards of living) has been met with near-record optimism…

 

Something that never ended well in the past.  And judging by the “buying plans” of Americans (from the recent Conference Board survey), things may have hit the tipping point…


A revolutionary initiative is helping average Americans find quick and lasting stock market success.

275% in one week on XLF - an index fund for the financial sector. Even 583%, in 7 days on XHB… an ETF of homebuilding companies in the S&P 500. 


{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}

You might also like


Economy | May 7

Stocks | May 7

Investing | May 6

Stocks | May 6