Things Can Get Worse
Things seem bad, but signs show us that the economy can get much worse from here. While the labor market is still strong, there are other areas of the economy that have been hurt by record inflation rates.
With interest rates continuing to climb – and the market almost certain that we will get another 75-basis-point rate hike from the Federal Reserve in November and in December – it could cause even more trouble.
Folks are tapping into their credit cards more and mortgages are rising, so it's possible defaults could tick up.
My colleague Joel Litman has another warning for readers...
Joel says a new financial crisis has taken hold of America – but it's not the one you'd likely expect. This crisis isn't arriving next week, or even next month. According to him, it's already here...
And it has the potential to devastate millions of Americans' retirement savings.
But the fact is, you can always make money during a crisis...
That's why Joel teamed up with Chaikin Analytics founder Marc Chaikin to share their investment "playbook" for how to protect and grow your wealth today. Thousands of people have already tuned in to hear from Joel and Marc about how to navigate today's rocky market.
You can hear directly from them by clicking here to watch their brief presentation.
Here's to our health, wealth, and a great retirement,
Dr. David Eifrig and the Health & Wealth Bulletin Research Team
October 1, 2022
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 Warning: Prepare for October 3 A "perfect storm" has already rocked stocks, bonds, commodities, currencies, and futures. But history tells us that the worst is actually dead ahead... and that the most brutal volatility of 2022 to date could kick off as soon as Monday, October 3. Before the "month of market crashes" takes hold, take this one step today. | | |
Reader tip of the week...
*** I am a firefighter for over 24 years. I have pretty substantial experience with falls, especially involving elderly folks. Here are some items I share with folks in the community I serve:
1. If you have a fall, even a seemingly insignificant one, and you take a blood thinner, seek medical attention. This is especially true if you have hit your head. A CT scan is probably needed to rule out bleeding that could be dangerous.
2. Ditch the throw rugs. These things are trip hazards... period. Put on some socks, with added traction grips, if your floors are cold.
3. If you have been prescribed or issued a walker or cane, USE IT! Use it even if you are just going to the bathroom, or getting something to drink, etc. Plus, walkers often have a storage pouch. Keep your phone in it so your hands can be free to assist with your balance and hold onto the walker. Your doctor gave you that thing for a reason.
4. Be honest about your pet's behavior. If you have a dog that is a trip hazard, figure out how to manage that concern. Consider some pet training classes.
5. Lastly, I'll agree with Doc's advice, make sure you are walking and getting around all the time, consistently, every day. Keep moving and stay healthy.
Thanks, Doc. – G.S.
Keep sending your questions, comments, and suggestions our way. We read every e-mail... feedback@healthandwealthbulletin.com.
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 Huge Recession Loophole (See These Charts) Amid today's market turmoil, THIS is one of the biggest and most bullish opportunities today: a red-hot sector with almost unlimited pricing power and a history of outperforming in recessions. It's also the sector where Dr. David Eifrig spent half his professional life, meaning he's extremely qualified to spot world-class opportunities today. Take a look at the evidence here. | | |
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