You’ll rarely ever meet someone who wants to turn down more cash in their pocket… But that’s exactly what I want to do right now. Inflation is still higher than normal. And credit-card debt keeps hitting record levels. Uncle Sam is paying close attention to those two problems today. And he’s proposing new regulations that …
Uncle Sam Is Trying to Put More Cash in Your Pocket Read More »
We survived the largest banking crisis in U.S. history earlier this year… So far, at least. It might seem like a distant memory. But in the first half of 2023, the failures of Silicon Valley Bank, Signature Bank, and First Republic Bank wiped out nearly $550 billion. When Silicon Valley Bank and Signature Bank collapsed …
We just endured the worst month for stocks this year… The benchmark S&P 500 Index fell around 5% in September. The tech-heavy Nasdaq Composite Index dropped nearly 6%. And the Dow Jones Industrial Average lost about 4%. Some of the popular mega-cap companies suffered even worse last month. For example, Apple (AAPL) fell almost 9%. …
Don’t Let the ‘September Effect’ Spook You Today Read More »
After a historic rally to begin 2023, stocks cooled off in August… The S&P 500 Index rose for five straight months from March through July. It was the benchmark index’s longest winning streak since 2021. And in July, the Dow Jones Industrial Average climbed for 13 straight days. That type of rally hadn’t happened since …
The Market Needs This Change in Corporate Earnings Read More »
The latest numbers are in… U.S. credit-card debt just hit $1 trillion for the first time. Yes, I said “trillion” with a “T.” That’s a lot of high-interest debt. And of course, the mainstream media is painting a grim picture… Many news outlets are focused on how this record-setting level of credit-card debt combines with …
I never expected to learn a lifelong financial lesson from ugly Christmas sweaters… Believe it or not, something I watched on Beyond the Tank has stuck with me for years. In the episode, Robert Herjavec was revisiting what had become one of his most successful investments on the hit NBC show Shark Tank. It was …
You’re bound to stumble upon recession-related articles in the financial media these days… Most of these articles are warning investors of an “impending” recession. The problem is… we already had a recession. Technically, at least. You see, historically, a recession has been defined as two straight quarters of declining gross domestic product (“GDP”). Here in …
Regular Chaikin PowerFeed readers know we’re entering a new bull market… At the same time, the American consumer is doing better than the mainstream media will ever tell you. And typical “defensive” sectors are performing worse than most of the market. Despite that, investors are piling into cash. They’re holding more cash than ever. In …
I’m sure a lot of folks thought we were crazy at first… Chaikin Analytics founder Marc Chaikin first declared that we were “now in the early days of an incredibly bullish setup” in late January. And we’ve maintained that view ever since then. But it wasn’t a popular call to make at the time… Stocks …
We’ve Said It for Months… And Now, It’s Official Read More »
The mainstream media is trying to scare you again… This time, the fear-mongering headlines focus on out-of-control credit-card debt. You might’ve seen stories in recent weeks about this type of debt reaching a record level of nearly $1 trillion. That’s a staggering number. These articles are usually full of rhetoric about how that spells trouble …
Record Credit-Card Debt Isn’t as Bad as It Sounds Read More »
