Trump vs. Affordability

Protests in Iran have turned violent… and most of the world is focused on whether President Donald Trump will intervene.

But our team thinks that’s just a distraction from what Trump is saying about Wall Street…

The White House has issued a series of threats and proposals that could have huge impacts on U.S. businesses — threatening to send stocks dipping or soaring.

I’ll tell you which areas of the market to keep an eye on after our Top Stories!

Your Top Stories & Analysis of the Week:

• “This Is Our Hemisphere” (Morning Reckoning, Byron King): The capture of Venezuelan president Nicolas Maduro could have a big impact on U.S. markets, as our team discussed last week. But the mainstream media still doesn’t understand the reasons for Donald Trump’s actions. As Byron argues, it’s not about drugs or even oil. Instead, the President is sending a message to the entire world — one that could make the United States safer and more prosperous. Of course, there are some investment angles, too.

• “My Interview with a Quantum Exec.” (The Million Mission, Davis Wilson): Quantum computing could be Wall Street’s next major trend. So you don’t want to miss Davis’ exclusive interview with Pouya Dianat, the Chief Revenue Officer of Quantum Computing Inc. (QUBT). You’ll learn what quantum computing is… why it offers so much promise… and when you can expect it to start impacting your everyday life. Davis also tackles whether it’s worth investing in the technology now — or if you’d be better off waiting.

• “Why I’m Recommending Bitcoin Again After 3 Years” (Altucher’s Investment Network, James Altucher): James was one of Bitcoin’s earliest enthusiasts. So it was big news when he said to sell the cryptocurrency a few years back. But recent events around the world have convinced him to take another look at Bitcoin. James recently shared his analysis with Altucher’s Investment Network members — explaining why Bitcoin is going to suddenly get hot again. Considering how well his cryptocurrency predictions have turned out in the past, I’ve unlocked his research so you don’t miss out!

Remember, we publish tens to HUNDREDS of stories. The write-ups above are our TOP ones for the week — including one that had been roped off from the public. If you want to stay ahead of the pack, make sure you’re caught up now.

And if you’d like to nominate any of our stories for next week’s “Top 3,” just let me know at concierge@paradigmpressgroup.com.

You can also use that email to send questions and comments.

Questions? I’ll get answers! Comments? Let me hear them! Problems? I’ll try to solve them!

Look for my replies in this Concierge Letter at the start of every month.

(And don’t forget, we also have a FREE library of introductory investment guides — covering everything from finding a broker to how to trade stock options — on our Wealth Desk. For customer service issues, please use our contact page.)

Now, here’s what’s happening around the water cooler this week…

The Water Cooler — Upcoming Events and More

While Donald Trump’s international policies have dominated the news, his domestic economic announcements have been raising eyebrows in our office.

The markets are already reacting to the announcement that the Justice Department is investigating Federal Reserve Chairman Jerome Powell.

The president is angry that Powell hasn’t lowered interest rates more aggressively — so this could be a way to push the chairman out before his term expires later this year.

Jim Rickards’ go-to analyst, Dan Amoss, sees the possibility that U.S. Commerce Secretary Scott Bessant could end up running the Fed, too.

He points out that despite the Federal Reserve’s supposed independence, it has spent the last few decades working with the government to prop up the markets.

“They just haven’t been transparent about it,” Dan adds. “At least not yet.”

Donald Trump has also told banks that he wants credit card interest rates to max out at 10% — which will make banks lose a huge amount of revenue. Other industries that earn money from credit cards, like airlines, could suffer, too.

But in this case, Trump’s threats are unlikely to become reality. Dan says it’s “one of Trump's knee-jerk tweets to be reversed or ignored by card issuers.”

For one thing, there are enormous legal hurdles to forcing banks to change their rates. And Dan assumes Bessant will explain to Trump why his proposal won’t fly.

Trump is also moving to ban giant investment management companies, like Blackrock Inc., from buying houses. The president hopes that keeping these deep-pocketed institutions out of the market will make homes more affordable.

“Banning Blackstone from homebuying may or may not affect housing prices,” says our Byron King. “But it makes Trump look like the champion of the little guy, the family that wants to buy a house and raise children.”

That seems to be the impetus behind all of Trump’s latest economic announcements — to show that he’s doing something to make the American dream more affordable.

Whether he’ll succeed or not is another question. But you can expect Wall Street to overreact to every comment from the White House… creating incredible profit opportunities for you.

So stick with our team for the specific actions to take.