We're in Better Shape Than You Think
Americans are feeling good about themselves...
Back in August, Quinnipiac University ran a poll that asked how people felt about their own financial situations. Most Americans actually said they were doing well – 10% said they were "excellent," and 50% said things were "good."
But they weren't so optimistic about the economy...
Not surprisingly, 71% of Americans described the economy as either "not so good" or "poor." And 51% thought the economy was getting worse.
Delving into the details reveals a more nuanced take...
The pessimism about the economy broke down along political lines, with 77% of Republicans saying the economy was worsening versus 20% of Democrats (even though the disparity in their own situations was quite small). So perhaps some of these attitudes are skewed by mistrust of the other party's president.
In other words, while the news might make it seem like the U.S. economy is in dire straits, American households are in pretty OK shape.
And the market is now reacting to the strength of our economy and the fact that we may dodge a recession. We don't think extreme inflation is an immediate threat, and we didn't have a painful recession last year.
If you're planning to put your money to work in the markets this year, Americans' household finances paint an encouraging economic picture.
But according to my colleague Eric Wade, the most powerful investment opportunity right now doesn't hinge on consumer sentiment, consumer spending, or even the overall economy.
Eric believes we're on the verge of a pivotal make-or-break moment for investors... and it could literally begin soon.
If you're serious about jumping in early on an opportunity that could transform your financial future forever... then you'll want to watch Stansberry Research's first emergency briefing of the year.
If you missed it, click here to catch up on all the details.
Here's to our health, wealth, and a great retirement,
Dr. David Eifrig and the Health & Wealth Bulletin Research Team
January 6, 2024
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 Our Best Trading Idea to Start 2024 The Stansberry Research senior analyst who has racked up more than a dozen 1,000%-plus winning recommendations since 2020 is now sharing the strongest buy recommendation of his career so far. But it's critical you get all the facts BEFORE January 10. Click here to tune in now. | | |
Reader question of the week...
Q: Any tips to keep my car running this winter? A few times each winter, my battery dies. – B.E.
A: Wintry temperatures are tough on car batteries. The colder the air, the more life your battery loses. At 32 degrees Fahrenheit, a battery loses 35% of its life. Especially if your battery is more than a few years old, it's less likely to start your car when you finally need it to.
A few steps can help you avoid the unpleasant surprise of a dead battery...
First, get your car battery's life tested. For example, you can take your car to AutoZone, which offers free battery testing and charging. The whole process takes about 30 minutes. A battery test can tell you whether it's time to buy a new battery, and a recharge can even stretch some additional life out of your old battery – especially if you take mostly short trips.
Second, don't ditch your car forever. The best way to maintain your battery life is to drive your car for at least 10 to 20 minutes a few times a week. This will give enough time for your engine to warm up and recharge the battery, get its battery acid moving (to maintain a charge), and help it withstand damage from the cold.
Lastly, you can keep a fully charged portable battery charger in your car in case you ever do get a dead battery. That's much easier than finding someone to give you a jump start. We recommended a Viking charger like this one a couple years back in our annual holiday gift guide.
Keep sending your questions, comments, and suggestions our way. We read every e-mail... feedback@healthandwealthbulletin.com.
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