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SATURDAY ROUND UP
Hello, Fellow Navigator.
What happens when the worst people you know team up?
Well, we could find out sooner than we’d like.
Russian President Vladimir Putin and Supreme Leader of North Korea Kim Jong Un just shook hands on a deal that’s got everyone on edge… and for good reasons.
On top of not exactly being poster boys for democracy, they’ve pledged mutual support in the face of any aggression.
The stakes in Ukraine just got much higher.
As concerning as this is, the impact on our ability to protect or grow our wealth is as yet unknown. So, it’s best to look closer to home..
And the picture here – while not as dire – isn’t as rosy as it once was…
It looks like consumers are finally catching on to inflation’s impact. Charles touched on this in last week’s Freeport Alphaupdate (subscription required), and now we’re seeing it play out.
Rick Cardenas, CEO of Darden Restaurants, points out that customers are smart enough to avoid inflated fast food prices, and are eating at casual dining chains instead.
It seems inflation-weary consumers are beginning to succumb to the pressures.
This will only accelerate the “invasion” silently happening all across the country. Charles talked about this in a recent video – which you can watch here. Not only does he describe the invasion… he highlights its pros and cons… and details what you can do to prepare.
Now, let’s go over what you might’ve missed this week at The Freeport Navigator… |
