Inflation and Financial Worries: What You Need to Know

Worrying about inflation and financial security is a reality for many Americans.

Under President Biden’s “leadership,” inflation has gotten out of control. You don’t need to be an expert economist to know that, since all you have to do is visit your local grocery store.

To make matters worse, retirement seems more out of reach than ever. Forget about saving — 64% of Americans struggle to make ends meet and live paycheck to paycheck…

This is a frightening thought for many who are struggling financially. What is Biden doing to help ease the concerns of Americans?

He’s visiting Ukraine, spending money the country doesn’t have and putting us in a deeper hole.

Ohio Gov. Mike DeWine is seeking federal assistance to address a serious chemical spill following the derailment of a Norfolk Southern train in his state but not having as much success as Ukraine’s President Zelensky. Sen. Paul Rand, of Kentucky, posted a satirical, doctored photo of Gov. DeWine with Zelensky’s face, writing, “It’s worth a shot.”

Billions upon billions of taxpayer dollars have been sent to Ukraine with no end in sight.

Meanwhile, Biden has still yet to lay foot in Ohio to talk to the citizens impacted by the Norfolk Southern train derailment that’s killed thousands of wildlife.

Inflation and Financial Worries: Don’t Rely on Government Help

The hard truth is that hard-working Americans can no longer rely on the government to do the right thing.

If your goal is financial security, that means you’ll have to take matters into your own hands.

While that sounds scary, our experts are here to help.

And with market volatility storming back, they’re working overtime to give you the insights needed to protect your wealth and family.

Here’s What They’re Focused on This Week: Inflation and Financial Worries

There has been a long-running debate on whether the central bank leads us into a hard or soft landing.

But Jim Woods threw out the idea of the possibility of a “no landing” scenario to his readers of The Deep Woods e-letter. This could happen if the unemployment rate stays below 4% and economic growth remains strong with the Consumer Price Index (CPI) leveling off.

It would mean terminal fed funds consensus spiking above 5.125%, putting pressure on the S&P 500 and keeping it locked in a range between 3,500 to 4,000.

If it were to happen, Woods wrote it would trap traders into a holding pattern, waiting for the economy to land (soft or hard).

With the possibility of interest rates remaining high, Mark Skousen has a few conservative ideas to help folks get more bang for their buck.

One is the Schwab Value Advantage Fund (SWVXX), a money market fund that currently yields 4.5%.

If you want all of Mark’s latest recommendations, you can read about them in his latest Forecasts & Strategies March 2023 issue. Subscribe by clicking on this link to learn more.

While thrashing prices worries most folks, colleague Bryan Perry uses it to his advantage. Instead of trying to pick the market’s next direction, he utilizes an options strategy that offers upside potential with a nice cushion on the downside.

For example, on Feb. 15, he recommended a covered call in the Norwegian Cruise Line Group (NCLH).

The trade entailed buying shares of NCLH at $18.05 and selling NCLH $22.50 calls expiring on March 17 for a premium of $1.00 per contract.

If you bought 100 shares based on Bryan’s recommendation, you’d be down $107 based on Tuesday’s closing price of $16.98. However, the $22.50 calls are down to $0.05 in premium. In other words, you’d be up $95 on one option.

Despite the stock being down nearly 6%, you’d only be down $12 on this trade.

And that’s the beauty behind the strategy in Quick Income Trader. It allows you to earn income if a stock gradually moves higher and acts like a hedge when it trends lower.

The key to thriving in this market will be your ability to stay nimble.

Sentiment can change quickly, as we’ve already witnessed during the year’s first two months.

That’s why you can’t overcommit.

Plenty of twists and turns… and this week will be no different as traders digest the Fed Minutes…

Along with a barrage of data, including GDP, jobless claims, personal income and new home sales.

Not to mention speeches from Fed officials John Williams, Raphael Bostic and Loretta Mester.

We’ll do our best to keep you informed throughout it all and continue to share insights from our team of experts.

IN CASE YOU MISSED IT

Over each of the last three years, Bryan Perry’s Quick Income Trader portfolio has generated seven figures in trading gains — each time in under 10 months. Care to learn how? Follow this link.