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Whispers of $100 Oil Return as Crude Shakes Off Covid’s Clasp – Bloomberg
Lumber Prices Are Soaring. Why Are Tree Growers Miserable? – WSJ
TWIGGS COUNTY, Ga.-The pandemic delivered an unexpected boon to the lumber industry. Hunkered-down homeowners remodeled en masse and low mortgage rates drove demand for suburban housing. Lumber supplies tightened up and prices smashed records. “You must be making a lot of money,” an Ace Hardware store manager told timber grower Joe Hopkins, whose family business has about 70,000 acres of slash pine near the Okefenokee Swamp.
London overtakes New York as home to the most ‘dollar millionaires’ | Daily Mail Online
Knight Frank Wealth report reveals how London has most ‘dollar millionaires’ The UK capital now has 875,000 people who are worth more than £720,000 Report highlighted how ultra-wealthy individuals saw their wealth rise in 2020 London has overtaken New York as home to the most ‘dollar millionaires’ with 875,000 of them now living in the city, according to a new report.
Housing market concerns begin to emerge – CNN
The housing market is still red hot. But there are growing concerns about how much longer this strength can last.
Household Net Worth As % DPI vs Debt
Technically Speaking: Blowing Up The “Everything Bubble” – RIA
Recently, I discussed the specifically noting the risk of rising interest rates and inflation. However, the real threat is not just the stock market bubble’s deflation but rather blowing up the “everything bubble.” During previous periods in financial history, the focus was primarily on the deflation of a singular market bubble.
Charlie Munger says novice investors are getting lured into a bubble in ‘dirty way’ by Robinhood
Charlie Munger, vice chairman of Berkshire Hathaway and Warren Buffett’s longtime business partner, issued a dire warning on the manic momentum-driven trading activity by amateur investors and said commission-free trading apps like Robinhood were partly to blame for the bubble.
Instacart exploring use of robot-driven warehouses | Financial Times
US grocery delivery service Instacart is exploring the use of robotic warehouses to fulfil its orders, as it looks to streamline the process of ferrying items from stores into customers’ homes. San Francisco-based Instacart currently uses more than 500,000 gig workers to fulfil online orders at well-known grocery chains such as Safeway and Walmart.
Inflation is picking up with oil, crude oil, commodities, lumber, industrial commodities, silver, copper all rising fast. More money moving into the stock market. Value stocks have seen more inflows and tech stocks and other growth stocks are also performing well. More money is being pumped in from all sides, creating a massive bull market that apparently will never end as we are on a permanently high plateau. Stimulus driving markets higher.
— APPENDICES —
— The Money GPS: Swaggystocks.com is an interesting look at retail trading. Cut through all the nonsense and simply look at the data (Instagram Feb 21, 2021)
— The Money GPS: Swaggystocks.com shows you exactly what’s going on with the retail traders. Ignore the garbage on the actual boards and just get the data (Instagram Feb 21, 2021)
— The Money GPS: Leave your emotions at the door investing is strictly business (Instagram Feb 13, 2021)
— The Money GPS: Clubhouse. Get in the app because I’m planning on going live daily. (Instagram Feb 13, 2021)
— The Money GPS: Brandon Dawson. One guy to watch out for as an investor to see what he’s doing and compare. (Instagram Feb 12, 2021)
— The Money GPS: GME and AMC attracted many buyers. Illiquid stocks/micro cap stocks are now trendy. Be careful. (Instagram Feb 4, 2021)
— The Money GPS: Wall Street Bets on Reddit is adding millions of people. Retail traders needed to keep the prices going higher. (Instagram Jan 30, 2021)
— The Money GPS: Jim Cramer says don’t go for grand slam. What do you think? (Instagram Jan 29, 2021)
— The Money GPS: Find a company you thought was no longer in business, buy some shares, get rich quick. Is that what’s seriously happening right now?! (Instagram Jan 29, 2021)
— The Money GPS: Investing legend says bad things are coming because paper printing does not create an economy. (Instagram Jan 22, 2021)
— The Money GPS: The purpose of big tech is to absorb your data. Not to provide a service and later take advantage of you. Look up In Q Tel. (Instagram Jan 21, 2021)
— The Money GPS: To get where you want to be, you have to know where you are now. (Instagram Jan 4, 2021)
— The Money GPS: Master one thing before moving on. Know where you are in the cycle. (Instagram Dec 15, 2020)
— The Money GPS: Be a better investor | How to be a better investor. Window shop! (Instagram Dec 12, 2020)
— FOOTNOTES —
Wake up to the suits and ties. They’re all lying to you. None are your friends. None wish to help you. Wolves in sheep clothing. More distractions than ever before. The magician always makes a spectacle to hide the trick.
BillAckman joins the group believing that inflation will pick up and its impact will be felt in markets. As far as I’m concerned, people are going to hate me more than ever. That’s ok. Be prepared for the worst. Hope for the best. Diversify. Hedge your bets.
“Fed Sounds Alarm on Commercial Real Estate, Business Bankruptcy” Nothing to see here folks. Market is doing well. Stimulus is all that matters. The Fed loves us all. Ignore all negative news and hate anyone who highlights that which is clearly a major issue #realestate #bubble pic.twitter.com/IRDsy53G5A
FASTEST PACE OF MORTGAGE DEBT. Don’t worry though because it’s so cheap to borrow. No worries! If interest rates rise by just a little bit during the course of holding their mortgage, they’ll be unable to afford it. But central banks would never do that to us, would they? #debt
We live in a fantasy land. More money flowing in than ever before, IPO frenzy, housing skyrocketing. Euphoria never end well. The higher it goes the worse it will be. Slow and steady growth is much safer. #money #investments #debt
IF THEY WILL FIGHT OVER PLAYSTATION…What would they do for food? #ps5 #PlayStation5 #playstation #ps5fight #walmart pic.twitter.com/hbimVKzeta
— PLAYLISTS —
CLUBHOUSE. I’m thinking about doing a daily Clubhouse chat. Anyone would be able to come on and ask me questions directly. I want to do something that other creators are not doing.
I know not many people are on this app yet since in invite only but basically just download the app, choose a username, and wait to get in. I’ll let you know before I proceed on my end so nobody misses it. 2/2 #clubhouse #clubhouseapp
The Money GPS Financial Education 101 coming soon.100% free eCourse for you to learn from but for those who already know the content, this is perfect to share with others. I’m creating this course for people specifically to get the foundation #money #moneyGPS #financialeducation pic.twitter.com/nzqVVSSorT
HOW TO MAKE MONEY ON AMAZON – FREE eCOURSE: http://TheAmazonGPS.com
LOOK THROUGH MY BOOKS! http://books.themoneygps.com
SUPPORT MY WORK: https://www.patreon.com/themoneygps
MY FAVORITE BOOKS: http://themoneygps.com/books
Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2021
The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It’s simply data that is generally not found through conventional means.