Nick Hodge,
Publisher
April 19, 2024
Forget Fed cuts.
The market has raised rates on its own as inflation boomerangs.
The March reading of the Consumer Price Index (CPI) came out at 3.5% — up 0.4% since February and nowhere close to the Fed’s self-imposed target of 2%.
In case you haven’t noticed, prices are back on the rise.
The CRB Commodity Index is up 12% to start the year. That includes a basket of things you put in your mouth and machines. Oil is up 18% year-to-date.
And you’ve likely now seen the mainstream media stories about record-high cocoa prices, which I first alerted readers to well over a month ago.
We are buying this inflation in our account to profit from it.
That means oil stocks. That means gold stocks. That means copper stocks. And, starting this month (April), that means silver stocks.
You’ll get my model portfolio when you sign up to Foundational Profits.
These are the same stocks I’m buying to maintain and grow my family’s long-term wealth.
And we added two new positions this month.
But it’s not all inflation.
Other sectors are on the move as well.
We also get into cannabis this month as the drumbeat grows louder to allow interstate commerce for the plant.
We also get into a new blockchain position as crypto emerges from its recent winter.
Plus I reveal all my current portfolio allocations — how much I own of every single position.
So it’s a busy April.
We're heading into spring. Markets are changing. We've got new recommendations, new positioning, and an analysis on what's driving all-time highs in gold and other asset classes.
It's not time to do nothing. It's time to pay attention. And I hope you pay attention to the April issue of Foundational Profits by checking it out below.
Call it like you see it,
Nick Hodge
Publisher, Daily Profit Cycle