The Morgan Report: Your Money Matters

August 19, 2023 Is the US Economy Teetering on the Edge? Grab your virtual seats because we're diving into some economic jigsaw puzzle today. So, picture this: Mike Zaffaroni, the big cheese at Liberty Landscape Supply in sunny north-east Florida, has faced more hurdles than a ninja warrior. Last year was like a turbocharged rollercoaster with skyrocketing costs, supply chain chaos, and a worker shortage that hit harder than a comedy roast. And guess what? The challenges of the pandemic and the Great Recession weren't even this gnarly! But wait, the plot thickens! Despite these curveballs - and let me tell ya, the Federal Reserve's sudden interest rate hikes didn't help - folks were still flooding his store. Can you believe it? Revenue soared by 16% in 2022, and just this month, a new outlet sprouted up. Florida, being the star player here, boasts a booming economy. With its sunshine, no income tax vibes, and a surge of new residents, it's like the cool kid's party everyone wants to attend. The unemployment rate is lower than a limbo bar - at 2.6% - while the national average twiddles its thumbs at 3.7%. Hold up, rewind! Here's the twist: even though Florida's soaring, there's this sneaky undercurrent that's making economists scratch their heads. Imagine the US economy as a never-ending chess game, and the Federal Reserve is moving its pieces with gusto. Years of pumping up interest rates, plus regional banks reeling after a series of failures, is leaving some folks biting their nails about whether the US's economic armor is cracking. But hey, let's hear it from the small business superhero himself. Mike Zaffaroni. He's always got one eye on the horizon, and he's waving the caution flag for the second half of 2023. "We're not some fancy tech company riding on Silicon Valley's rocket fuel," he says. "We're a real-deal business relying on capital to keep the gears turning. When the cost of capital hikes, we might need to take the scenic route for a bit." Now, hold onto your seat because the drama intensifies! Will the economy do the moonwalk into a recession? This is the nail-biter keeping the Fed up at night as they've been jacking up interest rates like nobody's business. In just over a year, they've given that benchmark rate a makeover, boosting it by over 5 percentage points. These changes, while they need time to brew, are not good for America. Guess who's in the hot seat? Jay Powell, the big cheese at the Federal Reserve. Picture him like a conductor trying to keep an orchestra playing in harmony. But guess what? His orchestra has a lot of musicians playing different tunes. Some think inflation will chill, while others worry about the banks wobbling. Inflation's been acting like that elusive ghost you see in the corner of your eye. You know it's there, but it's a slippery one. Now, the Fed's thinking of hitting the pause button. They're likely gonna skip adding more to the tight leash this time, but they're keeping their options open for later. They say no rate cuts are on the menu until 2024. Switching gears, here's the scoop on the RV capital of the world, Elkhart, Indiana. It's like the Disneyland for RVs, and economists are eyeing it like hawks. When they're not flying off the shelves, it's like an alarm bell ringing that the economy's taking a snooze. Recently, RV sales and employment have taken a dip, but there's a twist. The pandemic made everyone crave the open road, so the recent slowdown might just be things going back to normal. Hold your horses, though! The labor market's been flexing its muscles, showing off its strength. Even though Silicon Valley and Wall Street were hitting the snooze button on jobs, other industries are still snapping up talent. People are quitting jobs like it's a trend, and that's keeping unemployment low and consumer spirits high. But behind the curtain, the labor market's dance moves are getting less flashy. Job gains aren't as snazzy as last year's, and the unemployment rate's doing a little jig upwards. Across the states, alarms are ringing, flashing the "recession coming" sign. It's like seeing smoke before a fire breaks out. Whoa, pause the music! Delinquencies are rising as people fall behind on payments. A few of you can't even manage a $400 expense without some financial gymnastics. As for the future, it's looking dicey. Susan King from Feeding Northeast Florida food bank sees it on the front lines, where families who used to get help in emergencies now need it constantly. Now, let's talk banking! The Fed's been saying, "Don't worry, we got this" for a while. But Silicon Valley Bank's collapse turned their script upside down. They're predicting a "mild" recession this year, a curveball from the recovery they were banking on. The smaller banks are doing the Scooby-Doo "exit stage left" routine, and that's spooking everyone. Most of them are being gobbled up by the bigger banks. Lending's getting tighter than a pair of skinny jeans, which could slow down the economy and inflation. The problem? The Fed's facing a sudoku puzzle with too many solutions. Powell's trying to keep the harmony, but it's like conducting a choir where everyone's got a different song in their head. What's next? Well, the Fed's playing a waiting game. They might hit pause on the rate hikes for now, but they're keeping that option open. They need to see how the economy, housing, and credit conditions shake out. And guess what? No one's jumping for joy about making decisions. If they hit the brakes too soon and it's not enough, it's like losing at musical chairs. So, where does this wild economic dance take us? We're all waiting for a plot twist. Maybe the economy will come out swinging, or maybe it'll trip over its shoelaces. The only thing we know for sure? The future's more unpredictable than a Netflix thriller. So, grab your popcorn, folks. This show's far from over! At this point, you need to protect your wealth. I've said this a million times... Zeroing in right now on just 3 things... Money, Metals, and Mining will lead to EXPLOSIVE profits and the PROTECTION of your wealth. Nothing else is going to save YOU! Bitcoin won't save you. The Federal Reserve won't save you. The Stock market is a time bomb waiting to explode. [Discover How The Morgan Report Can Help You!]( Silver... When Do We Sell - David Morgan David Morgan the Silver Guru! Author of The Morgan Report and "The Silver Manifesto" comes on the show to teach us the fundamentals of money. David gives his backstory, and teaches us about constitutional silver. We talk about $22 being the bottom in silver, and bring up the silver chart. He teaches us about tax implications when selling, and using precious metals for payment directly. We get his "Best Buy Miner" and his take on the BRICS and CBDCs. David will be at the Silver Symposium September 29 - October 1. He finishes by telling us how to recognize the right time to sell our silver. [Watch the Interview Here]( [Subscribe to The Morgan Report today]( for the full report and portfolio. The Knowledge You Need to Build and Preserve Your Wealth Breaking Down Bitcoin's Recent Dip: How Fed Minutes Ignite Market Volatility In the realm of digital finance, the relationship between traditional economic indicators and cryptocurrencies has never been more fascinating. We delve into the intriguing interplay between Bitcoin, the leading cryptocurrency, and the latest Federal Reserve (Fed) minutes, shedding light on the forces that have driven Bitcoin to approach a two-month low. This comprehensive analysis dissects the nuances of Bitcoin's recent price trends, elucidates the role of the Fed minutes in amplifying inflation concerns, and projects potential future scenarios for both Bitcoin and the broader financial landscape. The digital currency market has long been characterized by volatility, and Bitcoin is no exception. In recent weeks, Bitcoin has faced a series of fluctuations, causing it to hover close to a two-month low. These price swings have stirred discussions among investors and enthusiasts, prompting us to explore the underlying factors contributing to this trend. The Federal Reserve, as the central banking system of the United States, plays a pivotal role in shaping the nation's monetary policy. Although they don't do a good job of this at all. The release of the Fed's minutes provides crucial insights into the decisions and discussions surrounding the economy. The latest release of the Fed minutes has underscored concerns related to inflation. As inflation worries amplify, investors seek refuge in assets that historically act as hedges against rising prices. [Read The Article Here.]( Those who are familiar with our [Crypto Conspiracy Podcast]( are aware that these digital coins are definitely not a store of value or genuine currency by any means. The Four Horsemen Documentary The Four Horsemen is a 2012 documentary film that focuses on the global financial crisis and the economic systems that contributed to it. It features interviews with prominent economists and financial experts who analyze the root causes of the crisis and propose alternative economic models for a more sustainable future. The film's title is a reference to the Four Horsemen of the Apocalypse from the Bible, symbolizing different destructive forces that bring about societal upheaval. In this context, the Four Horsemen represent the interconnected problems of financial inequality, massive debt, environmental degradation, and the uncontrolled power of corporations. Throughout the documentary, the experts critically examine the flaws of capitalism and its impact on society, arguing that the current economic model is inherently unstable and unsustainable. They also discuss the influence of major banks and corporations on governments and the economy, highlighting the concentration of wealth and its negative consequences on the majority of the population. The Four Horsemen aims to provoke discussions about the need for systemic change and suggests potential solutions to address the issues posed by the existing economic paradigm. It serves as a call to action for viewers to question and challenge the status quo and work towards creating a more equitable and environmentally conscious global economy. [Watch the documentary here]( Advertisement "The Silver Manifesto" is a comprehensive book that provides an in-depth exploration of the multifaceted aspects of investing in silver, one of the world's oldest and most versatile precious metals. Written with a focus on educating readers about the potential benefits of including silver in their investment portfolios, the book delves into various dimensions of silver's historical significance, industrial applications, economic relevance, and its role as a store of value. One of the central themes of the book revolves around the historical use of silver as a form of currency. Throughout history, silver has been utilized as a medium of exchange, reflecting its intrinsic value and widespread recognition. The book highlights how silver coins and bars were historically used for trade and commerce, and how this legacy contributes to the metal's enduring value as a tangible and universally accepted form of wealth. Furthermore, the book delves into the contemporary industrial applications of silver, emphasizing its vital role in various sectors such as electronics, solar energy, medicine, and more. This discussion underscores the inherent demand for silver across diverse industries, contributing to its value beyond its monetary aspects. The unique combination of industrial demand and investment appeal sets silver apart from other precious metals. Economic factors are also explored in "The Silver Manifesto." The authors discuss how economic conditions, such as inflation and currency devaluation, can impact the price of silver. Silver's historical role as a hedge against inflation is elucidated, showcasing how it has historically preserved wealth during periods of economic instability. The book explains how fluctuations in supply and demand, geopolitical events, and shifts in monetary policies can influence silver prices. In addition to these analyses, "The Silver Manifesto" underscores the advantages of diversification within an investment portfolio. By incorporating silver alongside other assets like stocks, bonds, and real estate, investors can potentially mitigate risk and enhance their chances of achieving long-term financial stability. [Learn more and grab your copy today!]( [Subscribe today]( for the full report and portfolio. The Knowledge You Need to Build and Preserve Your Wealth "Monetary Meltdown: The Far-Reaching Consequences of Inflation, Government Overspending, and Massive Bank Failures" "Zeroing in right now on just 3 things... Money, Metals, and Mining will lead to EXPLOSIVE profits." IMPORTANT: If you think you missed the early opportunities to profit from precious metals and other hard assets, you would be wrong! The significant gains in precious metals are still to come. In fact, the biggest move in history is coming, but you have to be in now! Seize the opportunity and don't miss out! There's No Denying... The World Economy Experienced A Major Shift The Last Few Years The Future of the Economy May Be On Tilt... Your Financial Future Doesn't Have to Be It's Time To Take Action And Take Back Control Of Your Wealth & Prosperity! Banks across the United States have been failing at an alarming rate. When Silicon Valley Bank, First Republic Bank and Signature Bank failed, they suffered one of the largest bank failures in U.S. history. Who is next? The scale of these failures is unlike anything we've seen since the 2008 financial crisis - and it's raising questions about the stability of the entire banking system. The world is experiencing massive catastrophic events that has impacted us all on multiple fronts. These events are creating a tsunami of economic destruction include the deterioration of your wealth. The Morgan Report is an exclusive membership-based publication that provides in-depth analysis and expert insight on the global economy and the financial markets. With a focus on precious metals and resource investments, the Morgan Report offers a unique perspective on the complex and ever-changing world of finance. Led by David Morgan, a renowned economist, and financial commentator, the Morgan Report is your ultimate guide to surviving and thriving in a world of financial uncertainty. You'll gain access to exclusive reports, video updates, and real-time alerts on the latest market developments and investment opportunities. Plus, you'll be part of a community of like-minded individuals who are all working to build a more secure financial future. Don't miss out on this incredible opportunity to join the Morgan Report and start taking control of your financial future. With a special offer just for new members, now is the time to act. Don't wait - join the Morgan Report today and start on the path to financial freedom! [Discover What The Morgan Report Can Do For You!]( STAY CONNECTED WITH US [Twitter]( [Linkedin]( [Youtube]( [Website]( [Email](mailto:support@themorganreport.com) Information contained herein has been obtained from sources believed to be reliable, but there is no guarantee as to completeness or accuracy. Because individual investment objectives vary, this Summary should not be construed as advice to meet the particular needs of the reader. Any opinions expressed herein are statements of our judgment as of this date and are subject to change without notice. Any action taken as a result of reading this independent market research is solely the responsibility of the reader. The Morgan Report is not and does not profess to be a professional investment advisor, and strongly encourages all readers to consult with their own personal financial advisors, attorneys, and accountants before making any investment decision. The Morgan Report and/or independent consultants or members of their families may have a position in the securities mentioned. Mr. Morgan does consult on a paid basis both with private investors and various companies. Investing and speculation are inherently risky and should not be undertaken without professional advice. By your act of reading this independent market research letter, you fully and explicitly agree that The Morgan Report will not be held liable or responsible for any decisions you make regarding any information discussed herein. Brought to you by The Morgan Report | www.TheMorganReport.com 621 Mallon Suite 307 Spokane WA 99201 USA [Unsubscribe]( | [Change Subscriber Options](