Reaganomics Redux [The Daily FWD] November 26, 2024 [UNSUBSCRIBE]( Reviving Conservative Prosperity Hi Reader, Here’s what our editors are looking at today… [Click here to learn more]( Politics: Matt Insley – Trump’s Timeline Mirrors Reagan’s First Term On Friday, Paradigm’s macro authority Jim Rickards warned us of a recession — something he says interest rate cuts by the Federal Reserve will not avert, by the way. Additionally, Jim points out while Trump's policies could boost the economy in the long run, the immediate future may be marred by issues inherited from Biden's presidency, like inflation, excessive spending, and regulatory burdens. Jim further draws a historical parallel with Ronald Reagan's presidency regarding political dynamics that are relevant today. In spite of a split Congress, Reagan managed to push through significant parts of his agenda during his first two years in office. Trump might likewise accomplish much of his agenda during a similar timeframe (but with the benefit of a GOP Congress). Plus, Jim expects that Trump might face a similar economic trajectory as Reagan… [⇒ Read More Here]( Recommended Reads: [[REMINDER] Regarding Your Altucher’s Investment Network Subscription!]( I wanted to check in and make sure you’re still satisfied with your subscription to Altucher’s Investment Network.
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To see how to claim your subscription upgrade, [⇒ click here now.]( [Click here to learn more]( News: Sean Ring – The Filthy Business of Private Banking Bill Hwang's sentence of 18 years in prison, a recent talk with an old friend, and reading about Morgan Stanley’s private banking mess in the Journal today all brought me back to the heady days when I was amongst the business of private banking. Private bankers are incentivized to offer seamless, all-encompassing solutions for their wealthy clients. In doing so, they often cultivate close relationships with their clientele — relationships where discretion isn't just a courtesy; it's part of the business model. This discretion, however, opens the door to temptations that stretch the boundaries of legality. Let’s open the kimono on the murky world of private banking, so you understand where not to put your money. [⇒ Read More Here]( [Click here to learn more]( Retirement: Dave Gonigam – The 2% Retirement More than a decade ago, we conducted an informal — albeit fascinating — survey of our readership. It was straightforward: When it comes to retirement, “What’s your number?” Not the total retirement savings you want to live comfortably, but to live your dream -- where you wouldn't have to worry about a budget for meals out, or golf or concerts or travel. The median response we got — half of the responses were higher, half lower — was $2 million. In 2024 dollars, that’s $2.7 million. As it happens, by one measure a net worth of $2.7 million puts you in the top 2% of the country. But if you’re not in the top 2% — for that matter, if you’re nowhere near there — don’t despair. [⇒ Read More Here]( That’s all for today, we’ll be back tomorrow with more topics and articles from our editors. Email us [here](mailto:feedback@paradigmpressgroup.com) with whatever crosses your mind that you want us to cover. We look forward to hearing from you! Looking forward to your financial future, [The Daily FWD] The Daily FWD
[feedback@paradigmpressgroup.com](mailto:feedback@paradigmpressgroup.com?subject=Daily FWD Feedback) Recommended Reads: [Rickards: $10K into $265K under Trump?]( A former CIA and Pentagon insider just discovered a shocking plan he’s calling Trump’s “Project Independence”… Which could be a windfall for American patriots. Thanks to President Trump’s plan, anyone who knows the truth NOW could potentially turn a $10K investment… Into $265,000 or more… By the morning of Trump’s inauguration. [⇒ Click here to discover the critical details NOW.]( [Paradigm]( ☰ ⊗
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