Kamis, 30 November 2023

Should You Fear the Digital Dollar? 💲

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AN OXFORD CLUB PUBLICATION

 
Liberty Through Wealth

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ON THE AIR

OMT Fed

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The Fed has created a mess for investors.

Due to 40-year highs in inflation... it had no choice but to jack up interest rates.

And those have caused havoc in the economy.

Worst of all for investors, the Fed's moves created a rare "double decline" in both stocks and bonds.

In spite of all this, thanks to new never-before-seen research, Alexander Green says he's found a way to dramatically increase your returns in the coming years.

All by following FOUR simple metrics. Alex will go into full detail on them on Wednesday, December 6, at 1 p.m. ET.

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BRIEF FROM THE CHIEF

Each week in this section, Chief Investment Strategist Alexander Green responds to reader questions. It's your direct line to the Chief!

Have a question for Alex? Drop him a line at mailbag@oxfordclub.com.

Reader: Question for Alex. I am very concerned about the digital dollar that is about to be unleashed on the U.S. The implications are staggering, especially since much of my money is in IRAs. The Fed would basically control the value and distribution capabilities, and if tied to digital IDs and health records (which has been suggested), full tracking and control would be in place. What is your opinion and any recommendation as to how to protect what money people have? - B.M.

Alex: Despite much fearmongering in some quarters, a digital dollar is not about to be unleashed. Don't get me wrong. I oppose the federal government creating a digital dollar, as it would pose a significant threat to privacy rights. But no decision has been made to create one. Even if one is eventually created, it is unlikely to be widely adopted. And the odds of Uncle Sam forcing adoption are virtually nil. (Law-abiding Americans don't succumb to government surveillance easily.) There are plenty of real risks to worry about in this world. We can safely put this one on the back burner.

YOUR WEEK IN WEALTH

In Case You Missed It...

On Monday, Alex explained that investors have the opportunity - for a limited time only - to save thousands of dollars on their 2023 tax returns.

But today is the LAST DAY you can take advantage of this information! Read on...

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DATA DROP

Oxford Communiqué Pro Survey Results
 

On Wednesday, Matt Benjamin shared the survey results from a recent poll that was sent out to Oxford Communiqué Pro subscribers.

You can comb through the full findings right here.

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FRIDAY FEATURE

Below we're sharing a sneak preview of tomorrow's edition...

There's one equity class that is likely to seriously outperform for the foreseeable future.

It offers the best opportunities in the market right now, in my view.

But before we get to that, a bit of context...

Stocks have faced a lot of headwinds recently.

In response to the highest inflation in 40 years, the Federal Reserve took rates to a 16-year high. That stoked fears that the central bank would push the U.S. economy into a recession.

In the third quarter, bond yields rose to their highest level in 16 years.

Oil prices have been moving back toward $100 a barrel, thanks to rising global demand and supply cuts by Russia and Saudi Arabia.

And yet consumers continue to spend. The economy remains at full employment. Third quarter GDP growth was at least 3.5%. (That's a long way from a recession.) And the fourth quarter should be stronger still...

Keep an eye out for tomorrow's Liberty Through Wealth article to read on...

WEALTH OPPORTUNITIES

WEEK IN REVIEW

Here are the highlights from this week in Liberty Through Wealth:

 
 
 

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