Pages

2023/08/31

The Credit Has Run Dry

MAXED  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌
The Daily FWD
August 31, 2023

The Credit Has Run Dry

Good Morning Reader,

Today we’re going to cover issues like why the climate “scientists” got too big for their britches, the biggest transfer of wealth you’ll see today, how to avoid a FOMO trap and why our economy is at a standstill (of sorts). 

But first, Dave Gonigam will tell you about why a recession can sometimes not look like a TRUE recession. 

Let’s dive in…

Click here to learn more

News:

Dave Gonigam – Maxed Credit Card. Now What?

We don’t buy into the Wall Street ‘Goldilocks’ or ‘soft landing’ scenarios.

In fact, there are so many strikes against these conclusions, including: Inverted yield curves (a bet on much lower interest rates), negative swap spreads (indication of bank balance-sheet constraints), tightening credit standards, reduced commercial lending, distress in commercial real estate (CRE), declining industrial output, contracting world trade…

Trade disruptions (from the Ukraine war), Bubble-type valuations on the stock market.

Plus, many more red flags — the list could go on and on.

⇒ Read More Here

Recommended Reads:

Will Inflation's Second Wave Wipe Out America's Middle Class?

During the 1970s, inflation lasted for years and came in three separate waves.
 
Each wave was far worse than the last.
 
Today, the same exact thing is happening again.
 
Is the price of food, gasoline, housing and more about to skyrocket even higher?
 
WARNING: The next wave of inflation could wipe out America’s middle class.

⇒ Get ready for “Inflation’s Second Wave.” Click here now to see my urgent warning.

Politics:

Brian Maher – The Three Wisest Words on Earth

Science — contrary to the claims of the Dr. Faucis of this world — is never “settled.”

Scientific theory may be validated by experimentation. Yet scientific theory can never be proven.

Against every scientific theory flaws relentlessly conspire. They merely await their chance. The scientist never truly knows.

⇒ Read More Here

Retirement:

Sean Ring – The Great Wealth Migration

Western demographics are a disaster because no one can afford to have kids.

Decades of low interest rates have made houses, cars, and children too expensive.

So, politicians think the answer is mass migration when the honest answer is higher interest rates.

⇒ Read More Here

Markets:

Chris Campbell – Before You FOMO Into Bitcoin (Read ASAP!)

Bitcoin! ETF! SEC! Grayscale! These are the buzzwords lighting up social media, giving many crypto investors that sweet tingling sensation…

As if they're about to miss out on the biggest run of the century.

They’re not entirely wrong. But they’re not entirely right, either.

⇒ Read More Here

America:

Sean Ring – Why We Don't Feel Fed Hike Pain Yet

USG interest expense is approaching $1 trillion.

History won’t be kind to the Congresses and citizens of this era. Future generations, who’ll still be paying off this debt, will wonder how previous generations felt fit to pass on the cost of its frippery to them.

How come the pain hasn’t trickled down yet?

⇒ Read More Here

That’s all for today, we’ll be back tomorrow with more of our top articles. 

Every Friday we address as many reader emails as we can. You can email us here with any questions or feedback. We look forward to hearing from you!

Looking forward to your financial future,

The Daily FWD

Recommended Reads:

Urgent "Red Alert" Warning For This Friday

Due to the controversial nature of the following content, this urgent “Red Alert” warning will be taken down on Friday at 4:00 PM ET. Don’t miss out, otherwise you could get blindsided. Click here now for access.

-----

Click here to learn more
Paradigm
© 2023 Paradigm Press, LLC. 808 Saint Paul Street, Baltimore MD 21202. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. To end your The Daily FWD e-mail subscription and associated external offers sent from The Daily FWD, feel free to click here.

Please note: the mailbox associated with this email address is not monitored, so do not reply to this message. We welcome comments or suggestions at feedback@paradigmpressgroup.com. This address is for feedback only. For questions about your account or to speak with customer service, contact us here or call (844)-731-0984. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice.

We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication.

All other employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company.

The Daily FWD is committed to protecting and respecting your privacy. We do not rent or share your email address. Please read our Privacy Statement. If you are having trouble receiving your The Daily FWD subscription, you can ensure its arrival in your mailbox by whitelisting The Daily FWD.

No comments:

Post a Comment

Keep a civil tongue.