Global stock markets are mixed this morning on worries about potential inflation as Congress heads toward passing President Joe Biden’s $1.9 trillion COVID-19 relief plan.
The House of Representatives reportedly will vote either today or Wednesday on the economic relief bill that will likely extend additional unemployment benefits and send $1,400 checks to most Americans.
But when it’s all said and done, investors are concerned that the potential economic stimulus package could lead to some inflation.
So is the market going to go higher or lower?
In today’s video, I’ll explain what will most likely be the next move for long bonds… whether the Nasdaq will crash… if global economies are expanding… one weak ETF on my chopping block… and whether it’s time to short Zoom stock.
P.S. We’ve all heard of insider trading…
It’s unethical and indefensible, and the punishment — jail — fits the crime.
But this doesn’t stop corporate insiders from using their information advantage like a cudgel to bulk up their wealth.
Meanwhile, everyone else is left scrambling to get in after their shares have catapulted the stock’s value to new heights…
These corporate insiders are literally pumping their own stocks, and doing it 100% legally…We don’t know about you, but that doesn’t sound fair.
So the Future of Wealth’s Lance Ippolito has decided to even the odds.