You are receiving this email because you signed up to receive our free e-letter Dividend Investing Weekly, or you purchased a product or service from its publisher, Eagle Financial Publications. [Dividend Investing Weekly] [Cash Machine]( [Quick Income Trader]( [Breakout Profits Alert]( [Hi-Tech Trader]( Rising Commodity Inflation Will Pressure Fed to Keep Rate Cuts on Hold by Bryan Perry
Editor, [Cash Machine]( 04/29/2024 Sponsored Content [Central Banks Buying Gold in Record Numbers]( Most folks have completely missed the fact that the world's Central Banks have been quietly gobbling up as much gold as they can... Stacking it in their locked vaults on pallets in record numbers. [Find out why right here (and see what you can do to get in too with just a few dollars).]( Last yearâs fourth-quarterâs well-defined downtrend for inflation looks to have bottomed out at just under the 3% level, at least for the time being. Super sticky components of shelter and services are not showing signs of softening anytime soon, and professional services also continue to remain elevated, especially medical, insurance and education. Both the PCE Price Index and the Core PCE Price Index, which excludes food and energy, were up 0.3% month over month, which was spot-on with consensus estimates, but they do matter greatly to most consumers. Both energy and food prices are pushing higher during April, led by a doubling in price for cocoa. There are also renewed price increases for other commodities such as copper, when it was thought that the electric vehicle (EV) boom had hit pause and 18 months of sequentially higher interest rate hikes by central banks would slow construction of residential and commercial projects. Copper is considered the global proxy for economic health. As it stands, copper prices are breaking out to the upside, which is the result of supply constraints and growing demand as the world transitions toward cleaner energy. [Shark Tankâs Kevin OâLeary is Putting His Money Here]( If you have ever watched Shark Tank, you know Kevin OâLeary ("Mr. Wonderful") is very protective of his money. In fact, he expects to multiply his investments by at least 10x when he gets in... and the company Bryan Perry discusses in this video is exactly what "Mr. Wonderful" looks for. In fact, not only did Kevin invest his money in it, he also put his own personal team to work in the company. And Bryan calls this opportunity part of âthe greatest wealth transfer in history.â To learn more, [click here now to watch this video.]( Both Citigroup and Bank of America are predicting that copper has entered a new secular bull market where prices will average $10,000 per ton this year and climb to $12,000 per ton by 2026. As countries continue to recover from the pandemic, copper is seeing accelerating demand as recession was all the talk coming into 2024. Wall Streetâs newfound bullish stance on copper is also contributing to the recent uptrend that has caught most investors flatfooted. Just recently, Copper surged toward $4.6 per pound and briefly broke the threshold of $10,000 per ton for the first time in two years in London. Source: [www.tradingeconomics.com]( Rising oil and copper prices are not the only commodities moving up. Most commodities have charts showing prices trending up and to the right. The CRB Index increased 44.57 points, or 14.79%, since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, the CRB Commodity Index reached an all-time high of 470.17 in July of 2008. Again, coming into the year, it was widely thought that a protracted slowdown in China and Europe, the second and third largest economies in the world, would keep a lid on commodity prices, but nothing could be further from that forecast. Source: [www.tradingeconomics.com]( [From Financial Fear to Good Fortune]( Jerome Powell just made buying a home more challenging, and the Magnificent 7âs momentum is collapsing. If these headlines donât grab your attention, then youâre asking yourself when the FED will start cutting rates. With so much uncertainty, may I suggest an alternative strategy to just hopingâ¦a method to enhance what youâre currently doing with more precision and confidence. [Learn the top 3 stock trends]( weâre looking at right now for explosive bullish potential. Lastly, the housing shortage in the United States just seems to never keep up with demand, for both new homes and rents. The shelter component accounts for one-third of the total expenditures on goods and services in the Consumer Price Index (CPI) basket. It is the largest expenditure category within the CPI, reflecting costs associated with housing, including ownersâ equivalent rent of residences and rent of primary residence. Here, too, the chart of the shelter index is in a 45-degree angle to the upside and shows no sign of tapering, reflecting a tight supply and near full employment that supports the rising cost of shelter. Until there is some softening of food, energy, hard commodities, services and housing, the Fedâs base case for 2% inflation looks fanciful at best with a clear possibility of there being no rate cuts in store for 2024. Currently, the price trends are not their friends, as the economy is growing despite 11 rate hikes and sticky price increases. There is an old saying that the cure for higher prices is⦠higher prices. To be sure, if these trends continue there will be an inflection point where spending does slow, but that time is further out given the upward guidance by home builders and domestic automakers. Fortunately, it seems the stock market is resetting expectations for the outlook for rate cuts and embracing growth as an equally important catalyst for the bull market to continue marching on. Sincerely,
[bryan-perry-sig]
Bryan Perry
Editor, Cash Machine
Editor, Premium Income PRO
Editor, Quick Income Trader
Editor, Breakout Options Alert
Editor, Micro-Cap Stock Trader About Bryan Perry: [Bryan Perry]Bryan Perry specializes in high dividend paying investments. This weekly e-letter combines his decades-long experience in income investing with a simple, easy-to-read format that investors of all stripes can work into their portfolios. Bryan also serves as Editor of these services: [Cash Machine]( [Premium Income PRO]( [Quick Income Trader]( [Breakout Profits Alert]( [Hi-Tech Trader]( and [Micro-Cap Stock Trader](. About Us:
Eagle Financial Publications is located in Washington, D.C. – only a few blocks from the Capitol. Our products have been helping investors build their wealth for several decades. Whether you’re a long-term investor or short-term trader, you’ll find the right strategy for you, including how to earn more steady income to spend now, preserve and grow your capital to enjoy later, and whatever other investment goals you have. Visit Our Websites:
- [StockInvestor.com](
- [DividendInvestor.com](
- [DayTradeSPY.com](
- [CoveredCall](
- [MarkSkousen.com](
- [GilderReport.com](
- [BryanPerryInvesting.com](
- [JimWoodsInvesting.com](
- [InvestmentHouse.com](
- [RetirementWatch.com](
- [SeniorResource.com](
- [GenerationalWealthStrategies.com](
- [InvestInFiveStarGems.com](
- [[YouTube] Visit our YouTube Channel - Eagle Investing Network]( To ensure future delivery of Eagle Financial Publications emails please add financial@info2.eaglefinancialpublications.com to your address book or contact list. This email was sent to {EMAIL} because you are subscribed to Bryan Perry's Dividend Investing Weekly. To unsubscribe from this list please click [here](. To stop receiving emails simply click [here](. If you have questions, please send them to [Customer Service](mailto:customerservice@eaglefinancialpublications.com). View this email in your [web browser](. Legal Disclaimer: Any and all communications from Eagle Products, LLC. employees should not be considered advice on finances. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized advice on finances. Eagle Financial Publications - Eagle Products, LLC. - a Salem Communications Holding Company
122 C Street NW, Suite 515 | Washington, D.C. 20001 [Link](