Inflation will be the hot topic this week… again.
The Federal Reserve will be holding a policy meeting today and tomorrow (June 14 and 15). It’s expected that the Fed will disclose an increase in its benchmark interest rate of at least another 0.50%. Fed Chair Jerome Powell will have a press conference to inform the public about the latest forecasts on GDP growth, inflation, and future rate hikes.
Last Friday, the latest inflation data were released and indicated that the Fed might need to be more aggressive regarding interest rate hikes since inflation remains a growing problem. The latest report by the Bureau of Labor Statistics indicated that the annual rate of inflation was at a new 40-year high of 8.6% in May. I know you don’t need me to be telling you this — you’ve probably noticed and have experienced it firsthand.
Naturally, this has Wall Street frantic. And it didn’t take long for the headlines to roll in talking about the U.S. entering a bear market and how the economy is headed toward a recession. Of course, I don’t want to make light of all of this. It’s important to understand what is going on. However, it’s easy to get caught up in the fear, especially with the recent reportnig from some top publications.
Fear Is Easy to Sell
Bad news and fear are easier to sell than good news. Bad news gives you that visceral feeling as if you’ve been punched in the gut. That emotion is easier to awaken and harder to tame than positive feelings. It causes a stronger and more immediate reaction. And that feeling sticks around a lot longer.
When I was in college, I read How to Watch TV News by Neil Postman and Steve Powers. Reading that book had a massive impact on my views and how I read and watch the news. Now it’s not just about TV news; we also have the internet and social media that feed us “news stories” at an even faster rate. I don’t want to go off on a tangent about the book. However, if you’re looking for a summer read, I do recommend reading How to Watch TV News.
My point is that these "news" sources can have very specific motives. I don't, and neither does the rest of the Wealth Daily team.
Our motive is to help our readers make decisions that they feel comfortable and confident about. Especially, when there's a lot of news and information published every second — and it can be a lot to try to comprehend it all.
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It contains full details on why dividends are an amazing tool for growing your wealth.
Trust me, in no way am I making light of how turbulent the stock market has been this year. It’s just not the end of the world, as most would lead you to believe.
No matter what happens, we always come out on the other side, and with the right team on your side, it’ll be easier the withstand the storm.
I know you aren’t happy with inflation… me either. But it’s become a difficult task to get back on track when it comes to supply chain disruptions. We have been in a global pandemic and, unfortunately, we are going to have to feel the pains of that for some time.
So what's the upside? Inflation could fizzle as supply chain disruptions and issues are alleviated. The U.S.'s unemployment is approaching the lowest rate in decades. The economy has regained almost 95% of the 22 million jobs that were lost during pandemic lockdowns. It's not all terrible.
Don't Worry, We've Got You
Market turbulence will settle. You will come out on the other side, especially if you’re following along with us at Wealth Daily. This is the best team to guide you through these tough times. We have some of the most brilliant minds and we’re looking out for you!
For instance, my esteemed colleague Jason Williams has come across an opportunity that could give investors a steady stream of income that could help them survive this market turbulence and possible economic downturn. Even if things don’t get as bad as most are claiming they'll be, you’ll still be in a better position than you were a few months ago because you'll have this newfound stream of income.
The best part about this opportunity is that it allows you to get cash and capital appreciation, unlike other investments that aren’t keeping up with the rate of inflation. To be honest, I wouldn’t share this opportunity with you if I didn’t think it could be one way to beat inflation while investing. Better yet, it just sets you up for a strong financial future — whether you decide to use it as extra income, retirement, or savings, or to reinvest.
There is too much information on this for me to write here, so Jason did the extra work of creating an amazing presentation. It’ll break down every detail and explain how you can be included in this newfound stream of income.
We don’t know what the future holds, but we know how to help you prepare for it. So whenever the next big drop happens or if market volatility continues, you’ll be prepared for the turbulence.
Check out Jason’s presentation here.
Stay safe and calm.
Until next time, Monica Savaglia Monica Savaglia is Wealth Daily’s IPO specialist. With passion and knowledge, she wants to open up the world of IPOs and their long-term potential to everyday investors. She does this through her newsletter IPO Authority, a one-stop resource for everything IPO. She also contributes regularly to the Wealth Daily e-letter. To learn more about Monica, click here.