Stock Power Daily — Buy 1 Top Stock for the Multitrillion-Dollar Apparel Boom

Stock Power Daily: February 6, 2023. [Turn Your Images On] [Buy 1 Top Stock for the Multitrillion-Dollar Apparel Boom]( - Besides food and shelter, the one thing we all need is clothes. - Revenue from the global apparel market will reach $1.94 trillion by 2027. - Today’s Power Stock sells men’s and women’s apparel. And it rates a 99 on our proprietary system. [Turn Your Images On] [Matt Clark, Research Analyst]( I used to be a picky shopper when it came to clothes. My closet was packed with clothes from the same big brand name. I knew what I needed and I liked how those clothes fit. I’ve grown out of that phase, mainly because it was expensive to shop that way. But we all have our favorite brands, whether it’s shirts, pants, shoes or whatever else we choose to wear. And my current shopping tendencies aren’t reflected in the broader global apparel industry trend, which is booming after COVID dealt a big blow: [Turn Your Images On] [(Click here to view larger image.)]( Statista expects revenue from global apparel will increase 38.6% from 2020 to 2027. That includes a massive 13.7% jump from 2022 to 2023. That’s impressive growth for an industry that’s already worth trillions of dollars. [And today’s Power Stock is a perfect way to play the positive trend.]( [Turn Your Images On]( --------------------------------------------------------------- [Turn Your Images On]( [3 Billionaires Have Already Invested in My No. 1 Fear-to-Fortune Stock]( Billionaires are taking advantage of market turmoil by investing heavily into my favorite “fear-to-fortune” stock. It’s a secret used by investors like Warren Buffett, David Tepper and Sir John Templeton to become filthy rich. [How it works is simple…]( --------------------------------------------------------------- Editor’s Note: Friday’s jobs report blew expectations out of the water. But Mike has found some troubling data that hints at weakness. Read on below. Labor Market Is Struggling Behind the Scenes [Turn Your Images On] [Michael Carr, Editor, The Banyan Edge]( Job openings are near record highs… Layoffs, outside of the tech sector, are near record lows… New claims for unemployment are falling… All that news points to a strong labor market. But underneath the headlines, there are signs of trouble. Continuing claims for unemployment insurance are trending higher. This metric indicates an individual has been unemployed for several weeks. They're having trouble finding jobs even though there are millions of openings. It's possible the unemployed aren't located where potential employers are. They also may not have the ideal skills for the openings. Either way, the fact that continuing claims are rising show there are cracks beneath the surface of the labor market and the economy. Bottom Line: The most recent number of 1.7 million continued claims is in line with the pre-pandemic average. That means the good times in the jobs market are over and tough times lie ahead. [Turn Your Images On] [(Click here to view larger image.)]( --------------------------------------------------------------- Check Out the Latest From Stock Power Daily: - [93-RATED HOMEBUILDER LOVES THIS MORTGAGE RATE TREND]( - [WHY INTEL STOCK IS NOW “HIGH-RISK”]( - [1 “HIGH-RISK” DATA CO. SHOULD ANALYZE ITS OWN NUMBERS FIRST]( Privacy Policy The Money & Markets, P.O. Box 8378, Delray Beach, FL 33482. To ensure that you receive future issues of Money & Markets, please add info@mb.moneyandmarkets.com to your address book or [whitelist]( within your spam settings. For customer service questions or issues, please contact us for assistance. 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