Over the weekend, I dove deep into research about founder-led companies. I always sensed that this is a critical component in beating the indices, but the stats are so astounding that it’s almost beyond belief.
As the botched schemes of an ineffective government wreak havoc on a vulnerable population, the old saying of “the chickens are coming home to roost” is playing out in real-time in 2021. It’s too many “coincidences” happening all at once and too many of Trump’s predictions coming true in just eight months to ignore now.
Depending on how you frame them, relief checks can either be a much-needed economic boost to the country or just a series of handouts and bailouts that only promote dependence on the government.
The S&P 500 has hit 48 new all-time highs this year. That’s the most since 2017, and the last time we had this many consecutive years with all-time highs was from 1989-2000, an incredible run. The market is filled with FOMO, meme stocks, crypto crazes, and ‘buying the dips’.
A gold “flash crash” shocked and appalled commodity traders exactly one year after gold hit an all-time high on August 6th 2020. It wasn’t an issue with gold bullion itself, but a sudden and unexpected plunge in gold paper/futures contract prices that represented the biggest two-day drop in gold (in dollar terms) since the March 2020 crash.
The greatest war of our generation, and generations to come, has officially begun. I’m not talking about airstrikes in Iraq, or even a computer hacking war with Russia. It’s actually much deeper than that, as it’s affecting your ability to survive and thrive today.