Alexander Boulden is here to let you in on some of his favorite recession-proof plays so you can profit while the rest of the world struggles. Alexander Boulden is here to let you in on some of his favorite recession-proof plays so you can profit while the rest of the world struggles. [Wealth Daily] Alexander Boulden / Aug 07, 2022 5 Recession-Proof Stocks and 1 Blueprint for Success Well, it's official... The U.S. is in a recession. Hate to say I told you so. But what is a recession, anyway? Hereâs the official definition from the dictionary before it gets rewritten: two consecutive quarters of negative GDP growth. Don't let anyone tell you otherwise. But for some reason, the White House refuses to admit weâre in a recession, even though that's what the most recent data told us. Biden gave a speech from the White House after the report came out at the end of July indicating two quarters of negative GDP growth and said, âThat doesnât sound like a recession to me.â And then story after story came out from the mainstream media trying to ignore the commonly accepted definition. Morningstar wrote this headline: âIf the Q2 GDP Report Is Negative This Week, Is It Really a Recession?â New York Times economist Paul Krugman wrote, âMany news reports [are] saying weâve entered a âtechnical recessionâ â which doesnât exist.â The Twitter response to all this was downright hilarious. Entrepreneur David Sacks wrote, âA lot of people are wondering about the definition of recession. A recession is defined as two consecutive quarters of negative GDP growth if a Republican is president. The definition is far more complicated and unknowable if a Democrat is president.â I don't want to get too political in these pages, but it's hard not to point out this folly. The current administration will never admit that it caused a recession. [QUIZ] 46 BILLION Barrels of Oil?! A massive $5.9 trillion oil boom is about to take place. Three tiny companies just acquired the rights to mine an untapped patch holding 46 billion barrels of oil in a mystery location... And it even has the potential to reach $9 trillion in value if prices reach $200 per barrel! So which country do you think will lead this upcoming oil surge? - Venezuela
- Saudi Arabia
- Canada
- Russia Think you know the answer? [See if youâre right!]( Hereâs a convoluted definition on the term from the White Houseâs website... What is a recession? While some maintain that two consecutive quarters of falling real GDP constitute a recession, that is neither the official definition nor the way economists evaluate the state of the business cycle... it is unlikely that the decline in GDP in the first quarter of this year â even if followed by another GDP decline in the second quarter â indicates a recession. Donât like the definition of something? Just change the definition. Itâs classic Orwellian doublespeak. Treasury Secretary Janet Yellen calls the recession a âtransition.â According to The Associated Press, she said, âWeâve got a very strong labor market. This is not an economy thatâs in recession.â She continued to downplay the accepted measurement of a recession, saying the economy is in âa period of transition in which growth is slowingâ and that the slowdown is ânecessary and appropriate.â Just because you have a strong labor market at the moment doesnât mean itâll stay that way. Just wait until the third quarter. Things could get ugly. She got it so unbelievably wrong on inflation that no one is listening anymore. The true problem here is that the people whose only job it is to prevent runaway inflation and a recession arenât very good at their job. Instead of taking ownership for their failures and admitting the truth, they childishly refuse. Luckily for us investors, we can largely brush a lot of this off and keep finding the best ways to play the current environment. Turn the Global Chip Crisis to Your Benefit TODAY The microchip shortage is causing industries to lose hundreds of billions of dollars... And itâs impacting YOU financially. The prices of everyday tech products like laptops, phones, printers, and graphics cards are as much as $350 more expensive. Itâs absolutely ridiculous... But there is a silver lining. Because [Iâve uncovered a TINY, virtually unheard-of company...]( Which is at the very CENTER of Americaâs initiative to solve this crisis. Investors who get in on the ground floor today could rake in gains as high as 9,737%... Which turns every $2,500 invested into $245,925! [Get all the details now.]( Recession-Proof Stocks Iâve been pounding the table about high-dividend-paying stocks and exchange-traded funds (ETFs) for more than a year. Here are some of my favorites... - Icahn Enterprises (NASDAQ: IEP), which pays a 15% quarterly dividend.
- Global X Nasdaq 100 Covered Call ETF (NASDAQ: QYLD), which pays a 10% monthly dividend.
- Credit Suisse X-Links Crude Oil Shares Covered Call ETN (NASDAQ: USOI), paying a 15% monthly dividend.
- JPMorgan Equity Premium Income ETF (NYSE: JEPI), which pays 8.35% monthly.
- Invesco KBW High Dividend Yield Financial ETF (NASDAQ: KBWD), paying 10.64% monthly. While the rest of the world struggles with inflation and a recession, you could be printing more money than the Fed every month. You can thank me later. Dude, Where's My Retirement? At the end of the day, many judge a recession purely based on how their 401(k)s are performing. And it's no secret they aren't doing so hot. If you're afraid to check your accounts, it might be time for a [retirement wake-up call.]( That's why my colleague Alex Koyfman is spreading the love and teaching his readers how to take back control of their retirement. [Go here]( to grab his [retirement blueprint](Â today. Stay free, Alexander Boulden
Editor, Outsider Club After Alexanderâs passion for economics and investing drew him to one of the largest financial publishers in the world, where he rubbed elbows with former Chicago Board Options Exchange floor traders, Wall Street hedge fund managers, and International Monetary Fund analysts, he decided to take up the pen and guide others through this new age of investing. [Check out his editor's page here](. [Feedback? get in touch](mailto:/newsletter@wealthdaily.com?subject=Wealth%20Daily%20feedback) [Read this email online]( [Manage Newsletters]( [Share on Twitter]( You signed up for our newsletter with the email {EMAIL}.
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