Codes Purple, Red, and Green

Smoky skies, backups in the water, and a rising stock market... European economists say a recession began – last year... Good for nothing... A recent bullish reversal for stocks... A perfect track record... The ultimate weight-loss drug... Summer is off to a concerning start... On land, in the air, and at sea, at least. Here […] [Stansberry Research Logo] Delivering World-Class Financial Research Since 1999 [Stansberry Digest] Smoky skies, backups in the water, and a rising stock market... European economists say a recession began – last year... Good for nothing... A recent bullish reversal for stocks... A perfect track record... The ultimate weight-loss drug... --------------------------------------------------------------- Summer is off to a concerning start... On land, in the air, and at sea, at least. Here in the mid-Atlantic region of the U.S., we've spent a few days gazing at the red sun and Canadian wildfire smoke in the skies above us. Schools are keeping our kids indoors. And some people are pulling their face masks out of storage. "Code Purple," it's called. That's a new one for many people I (Corey McLaughlin) know. At the same time, on the West Coast, ships are getting increasingly stuck offshore as California seaport workers have stopped working to rally for better wages. The Port of Oakland was entirely shut down last Friday. According to global news service Reuters... More than 22,000 dockworkers at ports stretching from California to Washington state have been working without a contract since July. Contract talks between the employers' Pacific Maritime Association (PMA) and workers' International Longshore and Warehouse Union (ILWU) are in the final stretch, but frustrations are running high after more than a year at the negotiating table. The issue is raising the specter of the supply-chain breakdowns last seen back when we were social distancing. Large retailers and manufacturers are urging the White House to get involved to broker a deal, and railroad companies are warning about congestion on the tracks again (hello, inflation). In response to the backups, Union Pacific Railroad on Tuesday paused sending empty containers to the ports of Los Angeles and Long Beach and stopped U.S. exports. Yesterday, a leading third-party-logistics company put a code "red" warning on the Pacific Ocean region of its U.S. Port/Rail Ramp Freight Index. But the stock market doesn't care... What is this, 2020 all over again? We kid, kind of. It's June, and the major U.S. stock indexes have been trending up since March... just like they were over the same span three years ago amid the stimulus-fueled days early in the pandemic. The major difference now is that the economy is still dealing with 40-year-high inflation, and interest rates are higher than they've been in 15 years... as opposed to the near-zero rates the government offered banks throughout 2020 and 2021. And, as opposed to being shocked that stimulus checks managed to keep consumer spending going during a pandemic, now a lot of people are bracing for higher interest rates to cause an "official" recession... We've had a good discussion about that over the past few weeks... (Again, thank you for all your comments, and keep them coming, as always, to feedback@stansberryresearch.com.) My take: It doesn't do a heck of a lot of good to get caught up in the definitions. Just see the environment for what it is – one with "more expensive" money than many have been accustomed to – and make investment decisions that align with your goals. If that includes paying 50 times forward earnings for shares of everybody's sudden-favorite artificial-intelligence play – computer-chip company Nvidia (NVDA) – so be it... But we wouldn't suggest it. Here's a perfect example of why you should ignore the common noise... Today in Europe, the statistics agency Eurostat said a recession began in late 2022 (last year!). That determination is mainly based on data "revisions" from German economists. As our Stansberry NewsWire's Kevin Sanford wrote in his morning briefing today... Revised Eurostat data reveals that the euro area experienced a mild recession this past winter, primarily driven by the surge in energy prices following Russia's invasion of Ukraine. Between January and March, the eurozone's economy contracted 0.1%, which, when combined with the same magnitude of decline in the previous quarter, resulted in the first six-month contraction since the onset of the COVID-19 pandemic. And like in the U.S., the unemployment rate in Europe is still near lows. So, also like here, it seems they've had what economists call a "technical" recession... two straight quarters of declining GDP growth, like the U.S. economy experienced in the first two quarters of 2022. That's a distant memory for Mr. Market, though... We're seeing now that stocks can and have been going up in the current environment. Consumer spending is still strong (albeit increasingly with everyday expenses going on credit cards), unemployment remains low, and market analysts continue to debate what kind of "landing" the economy will enjoy (or endure) as the Federal Reserve tries to fight inflation. We'll get a little more insight into macroeconomic land next week when the Fed meets and updates its policy and guidance again. Neither the Fed nor anybody else knows for sure what will come next, yet there are plenty of opinions. Maybe it's as simple as the economy actually being able to handle higher interest rates... Perhaps the economy (save for those terribly run regional banks) is strong enough to blow off the effects of the roughly $10 trillion of fiscal and monetary stimulus Congress and the Federal Reserve came up with. There are always risks in the market – and we see plenty of them. But as our colleague and Stansberry Research senior analyst Brett Eversole wrote in today's DailyWealth newsletter, the outlook for stocks may yet be getting brighter... And the market is behaving as if the worst for the economy is fading into our rearview mirror, not looming ahead. A recent bullish signal... As Brett pointed out today, the 12-month return for the benchmark U.S. index turned positive as of the end of April and stayed that way in May. This is notable because April's 12-month return marked the first positive number in a year, as Brett said... Stocks consistently showed a negative trailing 12-month return from the end of April 2022 through March 2023. But that turned positive in April and May of this year. You can see it in the chart below... In other words, stocks had been down year over year for a year. That's rare, happening only eight other times since 1950. So when these trends end and go into "code green," you're unlikely to see another one begin anytime soon. And as Brett said, once this kind of trend turns, "stocks have a history of fantastic returns." They've averaged a 15.1% gain in the following year compared with a 7.8% historical average, and a 10.1% gain after six months compared with the 3.8% average. Finally, Brett pointed out this nugget about this trend reversal... What's more, stocks were higher in every case over the following year. It's tough to find an indicator with a perfect track record. But this one has it. The three most recent times that this indicator triggered were especially powerful. Those cases were in 2009, 2003, and 1982. And they ended up being the three best buying opportunities of the past 50 years. The setup is similar today. Stocks had been losing money across the board for a year. But the losing streak recently ended, meaning folks with money in stocks are making money again. In Brett's view, this is one more reason he is staying bullish. If you're looking to put some new money to work... As always, first think about your goals, risk tolerance, and time horizon before making any investment. But if you've done that and are looking to put some new money to work, here's one idea to consider... It comes via Stansberry Research senior analyst Thomas Carroll and the rest of our Prosperity Investor team. They've just put together a new presentation on a company they believe is poised to profit from recent breakthroughs it has made with a new weight-loss drug, which could benefit 125 million Americans... Longtime readers know Thomas has been a health care analyst for 20 years. Together with Dr. David "Doc" Eifrig and analyst John Engel, he launched the health-care-focused Prosperity Investor last year – in part as a way to share research on strong, growing businesses in a gigantic industry that has proven "inflation proof" over the decades. This drug they are talking about is up for federal approval as early as June 26. With the scope of the obesity epidemic in this country, the potential market for a successful weight-loss drug can't be overstated. If you don't yet subscribe to Prosperity Investor, [click here to hear directly from Thomas about this opportunity and how you can get started today](... Existing Prosperity Investor subscribers and Stansberry Alliance members can find more information [here](. As they wrote... Health care and medicine are taking off exponentially. New therapies, methods of drug development, payment mechanisms, and even the real estate of health care offer vast investment opportunities that are only increasing. A unique combination of technology, drug development, genetic understanding, massive new private investment, government funding, and more is on the verge of forever changing how we live and the quality of that life. The breakthroughs we're seeing mean we can live longer, healthier lives. They also offer us a way to grow our portfolios. And whenever we see a good opportunity, we want to share it with you, our reader. This is one of them. And Thomas, Doc, and John pointed subscribers and Alliance members to all the details, including this special report, "[The Ultimate Weight-Loss Drug]( It explains why Wall Street is "lowballing" the value of this drug and the business behind it right now. Yes, an undervalued company poised for big growth. In this economy? Yep. Inside Speculative Resource Investing With more than 20 years of experience consulting with Fortune 500 companies and government agencies, Jeff Phillips is one of the most trusted names in the resource and mining industries. In the latest episode of the Stansberry Investor Hour, he shares an exclusive look into his "highly speculative" approach to investing... [Click here]( to listen to this episode of the Stansberry Investor Hour right now. And to catch all of the videos and podcasts from the Stansberry Research team, be sure to [visit our Stansberry Investor platform]( anytime. --------------------------------------------------------------- Recommended Links: [NEW: The FDA Could Approve the Most Important Drug of Our Lifetimes on June 26]( As soon as June 26, an FDA announcement could enable ONE company to dominate an emerging health market set to grow 842% while treating more than 70 diseases. This is the kind of rare moneymaking situation we've seen turn a $10,000 stake into $75,800 in just four years. [Full story exposed here](. --------------------------------------------------------------- [Prepare Now for the Greatest Wall Street Event of 2023]( After a year of losses, a short period of 300% to 500% potential gains is fast approaching. The last time this happened, 41 stocks doubled or more in just nine months. Now, the Pentagon consultant who correctly called the 2020 bull run is officially sounding the alarm. [Click here while there's still time](. --------------------------------------------------------------- New 52-week highs (as of 6/7/23): Berkshire Hathaway (BRK-B), Ingersoll Rand (IR), iShares U.S. Home Construction Fund (ITB), MSA Safety (MSA), MasTec (MTZ), and MYR Group (MYRG). In today's mailbag, another thought on the government's suit against crypto exchange Coinbase – which we wrote about the last two days [here]( and [here](... Do you have a comment or question? As always, e-mail us at feedback@stansberryresearch.com. "The reason for this suit is because the government wants a [central bank digital currency] and does not want any independent type of financial institutions that cannot be controlled..." – Paid-up subscriber Joe P. All the best, Corey McLaughlin Baltimore, Maryland June 8, 2023 --------------------------------------------------------------- Stansberry Research Top 10 Open Recommendations Top 10 highest-returning open positions across all Stansberry Research portfolios Stock Buy Date Return Publication Analyst MSFT Microsoft 11/11/10 1,174.8% Retirement Millionaire Doc MSFT Microsoft 02/10/12 1,013.4% Stansberry's Investment Advisory Porter ADP Automatic Data 10/09/08 778.7% Extreme Value Ferris wstETH Wrapped Staked Ethereum 02/21/20 667.1% Stansberry Innovations Report Wade HSY Hershey 12/07/07 612.9% Stansberry's Investment Advisory Porter WRB W.R. Berkley 03/16/12 505.9% Stansberry's Investment Advisory Porter BRK.B Berkshire Hathaway 04/01/09 494.7% Retirement Millionaire Doc AFG American Financial 10/12/12 403.0% Stansberry's Investment Advisory Porter TTD The Trade Desk 10/17/19 314.9% Stansberry Innovations Report Engel FSMEX Fidelity Sel Med 09/03/08 312.4% Retirement Millionaire Doc Please note: Securities appearing in the Top 10 are not necessarily recommended buys at current prices. The list reflects the best-performing positions currently in the model portfolio of any Stansberry Research publication. The buy date reflects when the editor recommended the investment in the listed publication, and the return shows its performance since that date. To learn if a security is still a recommended buy today, you must be a subscriber to that publication and refer to the most recent portfolio. --------------------------------------------------------------- Top 10 Totals 4 Stansberry's Investment Advisory Porter 3 Retirement Millionaire Doc 2 Stansberry Innovations Report Engel/Wade 1 Extreme Value Ferris --------------------------------------------------------------- Top 5 Crypto Capital Open Recommendations Top 5 highest-returning open positions in the Crypto Capital model portfolio Stock Buy Date Return Publication Analyst wstETH Wrapped Staked Ethereum 12/07/18 1,548.5% Crypto Capital Wade ONE-USD Harmony 12/16/19 1,077.9% Crypto Capital Wade POLY/USD Polymath 05/19/20 1,024.0% Crypto Capital Wade MATIC/USD Polygon 02/25/21 827.4% Crypto Capital Wade BTC/USD Bitcoin 11/27/18 601.5% Crypto Capital Wade Please note: Securities appearing in the Top 5 are not necessarily recommended buys at current prices. The list reflects the best-performing positions currently in the Crypto Capital model portfolio. The buy date reflects when the recommendation was made, and the return shows its performance since that date. To learn if it's still a recommended buy today, you must be a subscriber and refer to the most recent portfolio. --------------------------------------------------------------- Stansberry Research Hall of Fame Top 10 all-time, highest-returning closed positions across all Stansberry portfolios Investment Symbol Duration Gain Publication Analyst Nvidia^* NVDA 5.96 years 1,466% Venture Tech. Lashmet Band Protocol crypto 0.32 years 1,169% Crypto Capital Wade Terra crypto 0.41 years 1,164% Crypto Capital Wade Inovio Pharma.^ INO 1.01 years 1,139% Venture Tech. Lashmet Seabridge Gold^ SA 4.20 years 995% Sjug Conf. Sjuggerud Frontier crypto 0.08 years 978% Crypto Capital Wade Binance Coin crypto 1.78 years 963% Crypto Capital Wade Nvidia^* NVDA 4.12 years 777% Venture Tech. Lashmet Intellia Therapeutics NTLA 1.95 years 775% Amer. Moonshots Root Rite Aid 8.5% bond 4.97 years 773% True Income Williams ^ These gains occurred with a partial position in the respective stocks. * The two partial positions in Nvidia were part of a single recommendation. Editor Dave Lashmet closed the first leg of the position in November 2016 for a gain of about 108%. Then, he closed the second leg in July 2020 for a 777% return. And finally, in May 2022, he booked a 1,466% return on the final leg. Subscribers who followed his advice on Nvidia could've recorded a total weighted average gain of more than 600%. You have received this e-mail as part of your subscription to Stansberry Digest. If you no longer want to receive e-mails from Stansberry Digest [click here](. Published by Stansberry Research. You’re receiving this e-mail at {EMAIL}. Stansberry Research welcomes comments or suggestions at feedback@stansberryresearch.com. This address is for feedback only. 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