Bad News is No Longer Good News

Party’s over, dude. [Altucher Confidential] April 17, 2023 [WEBSITE]( | [UNSUBSCRIBE]( Bad news is morphing back into, well, bad news. And this could be bad news. [Hero_Image] Bad News is No Longer Good News By Chris Campbell President Biden just dug his own grave He killed the Keystone XL pipeline project which was expected to carry 830,000 barrels per day of Alberta oil sands crude to Nebraska… He put sanctions on Russia that ultimately strengthened their relationship with China... Then began to freeze all decisions about new federal oil and gas drilling. The repercussions of [these decisions are about to hit America hard]( in the coming weeks thanks to the recent OPEC+ cuts. I just detailed my summer playbook on how to prepare & profit from Biden’s latest blunder. [Click here to watch my short presentation now.]( [Chris Campbell] CHRIS CAMPBELL Dear Reader, A funny thing happened last week when macro data came trickling in… Yes, the inflation numbers were lower than expected, but the market didn't react like it usually does. Investors turned on a dime. Instead of expecting rate cuts in the near future, as they did only last month… investors are now expecting more rate hikes in May and June. But, why? What changed? For one, the big banks revealed they weren't tightening lending as much as expected. That puts more work in the lap of the Fed. And then there were retail sales, which dropped 1%. That’s bad news. In the past, this type of bad news would've been good news as investors bet on a potential pivot. But not this time. By the looks of it, bad news is morphing back into, well, bad news. And this could be bad news. Attention! Before You Read Any Further… [Click here for more...]( Hey, it’s James. Before you read any further in today’s issue, an urgent situation needs your immediate attention. If you don’t plan on claiming this upgrade to your Altucher’s Investment Network subscription, you’re missing out on a huge opportunity. Right now is your chance to grab one of the biggest (and most valuable) upgrades our company has ever made to a newsletter. I’m taking Altucher’s Investment Network to an entirely new level and I’d hate to see you left behind. [To see how to claim your upgrade, just click here now.]( Once you’re done with that, read on to see today’s issue… Why So Bad? Investors don’t always mind bad news. They don’t mind good news, either. But they HATE uncertainty. There are lots of reasons uncertainty could be on the rise. But consider the obvious gray swans in our midst… We have a looming commercial real estate crisis, which could still strike even if interest rates tumble. Geopolitical tensions are reaching a fever pitch of an already feverish pitch. China’s expanding its wartime military draft to include vets and college students, in anticipation of a conflict with Taiwan. North Korea -- which is becoming more and more trigger-happy --has also announced that over 800,000 youths have volunteered to fight the US. As if that's not enough, we've got nations threatening to crack down on AI, raising concerns over privacy and environmental impacts. (An AI crackdown would be bad for tech stocks.) But, here’s the rub… None of this should scare you. If you're twiddling your thumbs, waiting for the economy to get all cozy and "normal" again before diving into investments, you'll be waiting FOREVER. Peter Lynch said it best: “Far more money has been lost by investors in preparing for corrections, or anticipating corrections, than has been lost in the corrections themselves.” Opportunities abound. Even in uncertainty. Especially in uncertainty. And we’re always on the lookout. More tomorrow, [Chris Campbell] Chris Campbell For Altucher Confidential --------------------------------------------------------------- Biden Admin Furious Over This New “Alternative” Currency Take a close look at this photo: [Click here for more...]( [What you see here is a new “alternative” currency that’s taking America by storm…]( One which could ruin Biden’s CBDC plans. It’s already popping across the nation… including Utah, New Hampshire and Nevada. [If you’re worried about Biden Bucks then you must watch this short 2-minute video where Jim Rickards breaks down how this “alternative” currency works…]( [Paradigm]( ☰ ⊗ [ARCHIVE]( [ABOUT]( [Contact Us]( © 2023 Paradigm Press, LLC. 808 Saint Paul Street, Baltimore MD 21202. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. 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