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We hit the $31 trillion debt ceiling … which implies the US will default on its debt for the primary time in historical past except Congress and the White Home can discover a option to agree on … properly … something!
In the meantime, the layoffs in techland proceed, with Microsoft shedding 10,000 jobs and Alphabet decreasing headcount by one other 12,000.
Together with all this … dwelling affordability is definitely worse right this moment than it was throughout the mortgage bubble that preceded the 2008 meltdown.
None of these items counsel we’ve already seen the worst of this downturn…
But quietly, one “barbarous” asset is surging larger amid all of the chaos.
And in a ballot I issued final week, 95% of respondents stated they have been bullish on it.
That’s why, for this week’s episode of The Banyan Edge Podcast, I sat down with our consultants Amber Lancaster, Mike Carr and Adam O’Dell to get their take.
You’ll discover ways to separate the wheat from the chaff in terms of all this financial information.
And also you’ll uncover which of our consultants agree with the overwhelming majority of Banyan Hill readers on what’s subsequent for one forgotten asset.
Take a look at the most recent episode beneath…
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As all the time, we in The Banyan Edge need to preserve listening to your ideas.
We answered Joe and Deborah’s questions on right this moment’s present … and we need to hear from you, too!
Write us anytime at BanyanEdge@BanyanHill.com and share your feedback, questions or concepts on how we will make The Banyan Edge the most effective it may be.
Regards,
Charles Sizemore Chief Editor, The Banyan Edge
P.S. Ian King has been pounding the desk this week on a particular funding instrument he’s calling “the easiest way to make order from chaos in any market.”
I do know precisely what Ian’s speaking about as a result of I’ve used this instrument myself for years.
It’s a option to keep IN the most effective shares … and shortly get OUT of the worst ones … with no second guess.
Ian’s going dwell with the inventor of this instrument tomorrow night time at 8 p.m., with an occasion they’re calling “The 1,000% Venture.”
For those who’ve been burned by this bear market, I strongly encourage you to be there. Enroll right here, and be a part of the VIP record to assert a free copy of the particular report When to Promote the 50 Most Widespread Shares — no questions requested.
P.P.S. A giant theme right here in The Banyan Edge is deglobalization.
As Ian King places it, we’re “firing” China and bringing manufacturing again to Uncle Sam. And he’s added various picks to his Strategic Fortunes portfolio in current months to arrange for this coming shift.
Go right here to study how one can entry Ian’s newest Strategic Fortunes analysis, and observe this development with the most effective shares the market has to supply.
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