Open ZERO Brokerage FREE Share Trading Account - Buy and Sell Stocks Without Brokerage - Set GTT (Good Till Triggered) Orders on System and ForgetTraditional brokers charge a lot for brokerage; however, this broker does not charge anything for stock buying and selling. Also, you can set GTT (Good Till Triggered) order after buying a stock, so that the system can sell the stock automatically at your target price even if you are not monitoring the market. Only 25k is blocked for option selling with hedge. Also, you get a lifetime free account in Sensibull (virtual trading app & strategy builder) which charges Rs.800/-+GST a month. Learn option hedging strategy if you open an account today. It takes 5 minutes to open an account online. Click here and Open Free Account with Them Today >>
This is a copy of my email sent to my subscribers on Thursday, 02-Nov-2023.
In September 2023, the U.S. government’s debt was over $33.7 trillion. This includes debt held by the public and debt held by federal trust funds and other government accounts.
So what is the problem?
Because the federal debt is $33.7 trillion, just a 1 per cent increase in yields adds $337 billion to the annual cost of servicing the debt over time, as more of the debt is rolled over at higher interest rates. That adds to the Biden administration’s already large deficits so that higher interest costs grow the debt even faster. The Treasury is already spending an annualized $1 trillion to service the debt.
Why am I informing you this?
Because if the US sneezes then the world will catch cold.
So should we panic? Yes and No.
The U.S. government has spent more money than it takes in every year since 2001. This is the problem. For the last 21 years, it has been buying debt and spending money on social welfare schemes and running the country.
It does not look like Biden is at all worried.
What may happen?
Both debt and equity markets may fall.
But the US is sitting on a great advantage.
All its debt is in US dollars. The US is the only country in the world which can print money and buy stuff or pay salaries without creating a situation like Sri Lanka.
If you do not know Sri Lankan government started printing money to overcome monetary problems. In May 2023, Sri Lanka began printing money to promote business by pumping artificial rupee reserves into banks. However, this resulted in currency depreciation and exacerbated volatility. Things became so costly that there were no buyers.
Fortunately, the US can print money and yet will never see what Sri Lanka saw. Not sure why they are not doing and clearing all the debt.
If you are an economist reading this email, your valuable input will be welcomed.
I am sure the US markets know this and therefore we are not witnessing a great fall – but I just wanted to caution you.
Click to Share this website with your friends on WhatsApp
COPYRIGHT INFRINGEMENT: Any act of copying, reproducing or distributing any content in the site or newsletters, whether wholly or in part, for any purpose without my permission is strictly prohibited and shall be deemed to be copyright infringement.
INCOME DISCLAIMER: Any references in this site of income made by the traders are given to me by them either through Email or WhatsApp as a Thank You message. However, every trade depends on the trader and his level of risk-taking capability, knowledge and experience. Moreover, stock market investments and trading are subject to market risks. Therefore there is no guarantee that everyone will achieve the same or similar results. My aim is to make you a better & disciplined trader with the stock trading and investing education and strategies you get from this website.
DISCLAIMER: I am NOT an Investment Adviser (IA). I am an Authorized Person (AP) of a Stock Broker. I do not give tips or advisory services by SMS, Email, WhatsApp or any other forms of social media. I strictly adhere to the laws of my country. I only offer education for free on finance, risk management & investments in stock markets through the articles on this website. You must consult an authorized Investment Adviser (IA) or do thorough research before investing in any stock or derivative using any strategy given on this website. I am not responsible for any investment decision you take after reading an article on this website. Click here to read the disclaimer in full.
Find 200+ testimonials of my course on these pages too posted year-wise:
What Traders Say About This Course
Testimonials Year 2015
Testimonials Year 2015 Page 2
Testimonials Year 2015 & 2016
Testimonials Year 2016
Testimonials Year 2017
Testimonials Year 2018
Testimonials Year 2019
Testimonials Year 2020
Testimonials Year 2021
Testimonials Year 2022
Testimonials Year 2023
Testimonial of one of my client making 25k per week
Emotional Testimonial by a Young Woman Trader and Her Mother
Difference Between other Courses and Mine
What others charge for online courses
What People Say Just After Doing My Course
Bank Nifty Course Testimonials