The Fed’s pledge to print massive, and potentially endless, amounts of money sends our country a very clear message.
That is, without Congress doing its part to stimulate the economy, Big Ben and his merry band of money-printers intervened in the best — and perhaps only — way they know how.
But when Congress returns to work after campaign season draws to a close, they’ll dive into the business of spending those newly minted funds.
Today I’ll share with you a market segment that I believe is going to be a BIG beneficiary … PLUS show you how to get access to my top picks in that booming sector.
All the best,
Sean
Video Transcript
Hi, this is Sean Brodrick for Uncommon Wisdom Daily.
A lot of people are calling the Federal Reserve’s latest quantitative easing plan “QE Infinity” instead of “QE III.” And I can see why.
First of all, it’s open-ended, and won’t stop until unemployment goes down. Secondly, it allows for unlimited purchases of mortgage-backed securities. Goldman Sachs now estimates that it could cost the government up to $2 trillion. That would be three times the size of QE II!
Critics argue that quantitative easing is a very inefficient way to stimulate an economy. That’s true. But it’s better than nothing, which is what we’re getting from Congress.
Our legislators have decided that cutting the deficit is more important than creating jobs for American workers. They’re refusing to spend money to stimulate the economy, because they don’t want President Obama to get credit for creating jobs before the election.
So Ben Bernanke has been forced to step in and say to Congress, “If you won’t do anything, I will!”
Economists say that the most effective way to create jobs is through direct investment in things like infrastructure. And that type of spending wouldn’t just be unnecessary make-work — our potholed roads, crumbling bridges and inadequate electrical grid are badly in need of repair and improvement.
The good news is, there’s a real chance that things will change after the election. Even if Obama wins, Republicans will probably drop their opposition to necessary infrastructure spending, because it won’t matter anymore if the President gets the credit. Plus, if it’s a choice between that and unlimited quantitative easing, they’ll choose the infrastructure spending every time.
So it’s a good bet that infrastructure spending will ramp up next year. And not just in the U.S. — the governments of China, India, South America and other parts of the world are also trying to stimulate their economies with huge infrastructure projects.
That’s why I’m advising my subscribers to add new positions in select infrastructure stocks and funds, in anticipation of this potential boom in spending.
In fact, I name my 11 favorite infrastructure investments in my new special report, “Get Rich Rebuilding America.” I’m putting the finishing touches on it right now, and I’m offering it at a steep discount if you order before it’s released.
Of course, you can try picking infrastructure investments on your own, but that’s very risky, especially in this sector. Keep in mind that not every investment is a good one, even in a market being flooded by a fire hose of Federal Reserve money.
I’m Sean Brodrick for Uncommon Wisdom Daily. Thanks for watching.
{ 1 comment… read it below or add one }
How did you ever come up with the idea of all these lawmakers being against Obama more so than protecting our workers. Don’t you think Obama has enough power that he could do whatever it takes to get him elected? The man has more power than any president I have seen in the past.
When Americans were partying this past New Year’s Eve, this president signed NDAA into law, something he said he would never do, giving him the power to sick our own military on us without any congress approval. Are you familiar with Posse Comitatus? Out the window with one flick of his pen!
This man can do just about anything he wants. The lies this man fabricates in just one speech are enormous. How come no one ever checks this out? Like you, Sean?
I have your survivalist book. If I had known that you were an Obama supporter, I would have never bought it.
I am not a Republican, that has nothing to do with it. It has to do with truth and following up on what Obama says and does. Just that birth certificate he produced before the world not long ago. Just for fun, I downloaded it and played around with it. I was able to take several layers from this thing myself. I just about died. Based on that, I started looking into this man’s background. I found that his Social Security number was never issued to him. His selective service card was falsified.
I can write a book on the subject. He spent almost 2 million dollars of his own money to seal every one of his documents. His college papers, his grades, Harvard review papers and the list goes on and on.
I listened to one short speech and almost everything he said were lies.
But anytime one says anything about this, instead of checking it out, or asking questions, we are condemned. This is called condemnation before investigation. Being an author, I am sure you are familiar with this phrase.
There is so much more, but the scariest thing is, even knowing these things, those who support Obama will support him, no matter what. Are you such a person, Sean, or would you like to discuss these and much more?