Gold Hits New Record: Trump’s Tariffs, Inflation Fears Drive Safe Haven Surge…
What Does It Mean – Gold prices have surged to a new record high of $2,622 per troy ounce, driven by inflation fears and recent tariffs imposed by former President Trump. Investors are flocking to gold as a safe-haven asset amidst economic uncertainty and geopolitical tensions. The article highlights the impact of these factors on the global economy and financial markets, emphasizing the role of gold in preserving wealth. Analysts predict continued upward momentum for gold prices, given the persistent inflationary pressures and potential for further economic disruptions. Read more.
Trump Sets 25% Steel, Aluminum Tariffs, Widening Trade War…
What Does It Mean – President Trump has imposed 25% tariffs on steel and aluminum imports, escalating the trade war and aiming to protect domestic industries. These tariffs are expected to disrupt global supply chains, increase production costs for U.S. manufacturers, and potentially lead to retaliatory measures from trade partners. Economists warn that such protectionist policies could weaken the U.S. economy by raising consumer prices and reducing international trade. The long-term impact may include job losses in industries reliant on imported materials and strained diplomatic relations. Read more.
Meta Rally Makes History as It Goes on Offensive With AI…
What Does It Mean – Meta’s stock rally has reached historic levels as the company aggressively advances its AI initiatives. The surge is attributed to significant investments in AI technology, which are expected to enhance Meta’s product offerings and operational efficiency. Analysts highlight the potential for AI to drive revenue growth and improve user engagement across Meta’s platforms. The company’s strategic focus on AI positions it as a leader in the tech industry, with long-term benefits anticipated from these innovations. Read more.
BYD Shares Hit Record High, Trouncing Tesla’s Stock This Year…
What Does It Mean – BYD’s shares have reached a record high, outperforming Tesla’s stock this year. The surge is driven by robust sales growth, strategic international expansion, and competitive pricing in the electric vehicle (EV) market. Analysts highlight BYD’s focus on increasing production capacity and its strong presence in both domestic and international markets. The company’s success is attributed to its diversified product portfolio and aggressive market strategies. Long-term growth prospects remain positive as BYD continues to innovate and capture market share in the rapidly evolving EV industry. Read more.
The heist of 100,000 eggs in Pennsylvania becomes a whodunit that police have yet to crack…
The heist of 100,000 eggs from the back of a trailer in Pennsylvania has become a whodunit that police have yet to crack.
Four days after the theft that law enforcement say could be tied to the sky-high cost of eggs, no leads have come in, Trooper First Class Megan Frazer, a spokesperson for the Pennsylvania State Police, said Wednesday.
“We’re relying on leads from people from the community. So we’re hoping that somebody knows something, and they’ll call us and give us some tips,” she said.
Police are also following up with any possible witnesses and looking into surveillance footage that could help them identify the perpetrator as they race to solve the mystery.
“In my career, I’ve never heard of a hundred thousand eggs being stolen. This is definitely unique,” said Frazer, who has a dozen years on the job.
“When the facts change, I change my mind.
What do you do?” ~ John Maynard Keynes
Our plan is “the plan will change.”
What is your plan?
Relative strength measures the price performance of a stock against a market average, a selected universe of stocks or a single alternative holding. Relative strength improves if it rises faster in an uptrend, or falls less in a downtrend. It is easily applied to individual positions in your portfolio and to sectors and asset classes.
A copy of our form ADV Part 2 is available online.
Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Investor Resources, Inc. (“Investor Resources”), or any non-investment related content, made reference to directly or indirectly in this newsletter will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this newsletter serves as the receipt of, or as a substitute for, personalized investment advice from Investor Resources. Please remember to contact Investor Resources, in writing, if there are any changes in your personal/financial situation or investment objectives for the purpose of reviewing/evaluating/revising our previous recommendations and/or services, or if you would like to impose, add, or to modify any reasonable restrictions to our investment advisory services. Investor Resources shall continue to rely on the accuracy of information that you have provided. Investor Resources is neither a law firm, nor a certified public accounting firm, and no portion of the newsletter content should be construed as legal or accounting advice. A copy of Investor Resources’ current written disclosure Brochure discussing our advisory services and fees continues to remain available upon request or at https://www.investorresourcesinc.com/. Clients Please Note: Advise us if you have not been receiving account statements (at least quarterly) from Charles Schwab & Co.™