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Joe Biden is bad for your pocketbook… and he's about to get a whole lot worse.
Consider the following that's happened since he took office: - The average price of goods has risen by 19.3%.
- Your paycheck has shrunk by 4.4% in real economic terms (even with raises).
- Outstanding credit card balances are at an astounding $1.1 trillion.
So much for Bidenomics.
Now, he's asking for another four years. And he has a real shot at winning.
Even if that doesn't happen, the damage is done. It will take multiple administrations decades to undo the devastation Jimmy Carter 2.0 has wrought.
That's why investing in stocks and bonds isn't enough anymore.
Every person NEEDS an alternative yet consistent stream of income to supplement their savings.
Rather than picking up a second job, it's time to consider Hugh Grossman's Inner Circle. | | | SPONSORED CONTENT If Americans Are Not Worried About Running Out of Money, They Should Be! According to the Survey of Consumer Finances (SCF), nearly half of all U.S. households have no money at all saved for retirement.
Among those already retired, the savings rate is better... but still only $171,000 in 2022.
Yet there is simple but little-understood solution to this looming retirement crisis.
If investors move quickly enough, they can LOCK IN a regular source of extra income with annual returns as high as 11.1%, guaranteed for life.
That's 761% greater than the average S&P 500 dividend.
What's more, these payments are NOT affected by anything going on in the stock market or in other financial markets.
There's only one downside: this rare opportunity to lock in DOUBLE-DIGIT returns for life may not be available much longer.
Click here to find out more! | | | From Bad to Worse
Americans have become far too complacent with their investments.
The average person rarely checks their 401k, much less makes any changes.
They figure that things aren't THAT bad right now. And they certainly can't get MUCH worse.
How naive.
We've discussed numerous times the looming deficit cliff coming later this decade. Once we fall, Social Security benefits will face serious cuts.
Yet, with inflation refusing to budge, the Fed has been forced to keep interest rates higher for longer. And that makes it more expensive for the government to service its debt.
The Biden administration isn't just incapable of handling these problems. They're making them worse.
Just look at the $300 million floating Gaza pier that became inoperable within days…
…or a Federal Communications Commission (FCC) determined to weaponize government against business.
Yet, his ban on natural gas exports has to be the pinnacle of his incompetence.
Not only is he preventing a thriving industry from expanding, bringing thousands of high-paying jobs to our shores, but he's also keeping clean fossil fuel from Europe, which is desperately trying to reduce its reliance on Russian exports.
And no amount of data will change his mind.
He's so beholden to left-wing climate activists that he's jamming regulations through now to prevent Donald Trump from overturning them if he wins the Oval Office.
This might all sound like high-level maneuvering, but yet it has a real-world impact.
Consumers have begun to pull back in their spending, hitting discretionary stocks from Starbucks to Home Depot. They simply cannot afford to buy the same number or quality of goods they once did.
Analysts have trimmed their gross domestic product (GDP) forecasts for the second half, citing a softer consumer.
And at the periphery, we're seeing signs of a recession.
Housing prices keep climbing while the number of homes listed has begun to rise in key markets.
Unemployment is low largely because the influx of illegal immigrants have filled low-end labor jobs.
A lot of this looks like short-term stuff. The reality is that it could hold back economic growth for years, if not decades.
That's why a second income stream isn't just a nice to have. It's a necessity. | | | Retirement in a Box: From Zero to $2,500 a Month There is a way retirees can collect thousands of dollars per month for the rest of their lives -- tax-free. Plus, this tax-free income source is 100% legal and approved by the IRS.
And here's the kicker: even if they don't have enough money put away yet for retirement... even if they're over age 60... they can still get thousands of dollars a month from this opportunity. Click here to find out more.< | | | The Biden-Proof Way to Build Wealth in 2024
In 2023, Hugh WON 93.6% of his trades. That's what we mean when we talk about consistency.
And despite trading the most popular ETF out there, his strategy operates independently from the broader market.
Let us explain...
At the core of Grossman's exceptional results is his mastery of the SPDR S&P 500 ETF Trust (NYSEARCA: SPY) exchange-traded fund (ETF).
As a fund mirroring the S&P 500, the SPY's enormous $400+ billion daily trading volume makes it hugely resilient against manipulation.
But Grossman doesn't just buy and hold the SPY shares. He surgically deploys options strategies to multiply his profits from even minor SPY price movements. | | | Stock Watchlist Now Available [Live] If you want to trade smarter (not harder) and be prepared for this week's markets, then you're not going to want to miss out on this.
We'll show you soon - LIVE - what stocks & commodities may be about to explode in the next few days and how we can help you conquer volatility by avoiding losses.
You need to be ready for any market changes, and nothing is more rewarding to us than knowing we helped you avoid potential losses.
Get in the room now | | | Each morning, Hugh analyzes the latest market dynamics to pinpoint the optimal option strike prices and expiration dates based on the SPY's key support and resistance levels.
He shares these high-probability support and resistance levels with his elite Inner Circle members before the market opens.
After the closing bell, members receive Hugh's comprehensive debrief, which dissects how economic releases, government actions and institutional trades impacted the SPY's trajectory that day.
Plus, he hosts a weekly LIVE strategic session that dissects the week's market movements.
All of this is aimed at helping you craft a reliable, repeatable stream of income.
For a limited time, Hugh is offering a special discount on annual Inner Circle memberships with limited spaces available.
This is your chance to learn his battle-tested strategies for pennies on the dollar.
Spots are filling fast.
Click HERE to reserve yours before it's too late! | | To Your Wealth,
The Wealth Whisperer Team | | | |
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