Print the page
Increase font size

Posted April 30, 2021

Ray Blanco

By Ray Blanco

The Big Spend

The pandemic is OVER.

(At least in most Americans minds, it is.)

Can you blame us?

But as of today, over half of the eligible U.S. population has received at least one vaccine dose.

In fact, according to the latest estimates, we should reach herd immunity within the next two to three months!

So what comes after COVID?

What I call the Big Spend.

Put simply, it will be the biggest economic boom that youve ever seen.

After all, people have been locked up at home for over a year and theyre flush with cash and ready to party.

And when they spend all those savings, its going to send stocks soaring.

Heres why Im so confident...

Take a look at this chart.

Households have saved up during the pandemic in unprecedented levels.

That saving rate over the past year has led to an extra $1.7 trillion being saved up by Americans.

So when you have an enormous amount of pent-up tension from not being able to live life normally

And you add to that over a trillion dollars in extra cash saved up by American households

What do you think is going to happen with all of that cash?

Its silly to ask, but there are still many financial gurus out there that are predicting a financial crash unlike anyone has ever seen.

Interest rates, inflation and government spending are constantly on their minds.

Yet they fail to see the big picture of whats happening right now.

They focus five, 10, 20 years down the line, and if the economy finally does go into a recession, theyll say I told you so despite the 10-year bullish market run that happened in the meantime.

Im here to tell you now that there will not be a big crash.

Rather, Im calling this The Big Spend a time in U.S. history unlike any other where the American public is going to pour its savings back into the economy and the markets will shoot up.

Theyll be buying houses and cars, going on vacations, hosting lavish parties and doing things that they took for granted pre-pandemic.

Theres positivity abounding here, and its an amazing time to be an investor alongside it.

As always, feel free to reach out to me anytime with your thoughts on the matter at AskRay@SevenFigurePublishing.com. Last week, I really enjoyed reading your thoughts on the growing EV markets. Today, I want to hear from you on what your plans are for 2021.

What are you planning on doing post-pandemic? House renovating or any big trips planned? Let me know!

To a bright future,

Ray Blanco

AI Gets Political

AI Gets Political

Posted January 17, 2024

By Ray Blanco

AI takes center stage in Davos. How this week will shape what AI looks like for decades to come.

Consumer Electronics Show Debrief!

Posted January 16, 2024

By Ray Blanco

A run down of what the Paradigm crew learned from CES in Vegas - plus the week’s top tech stories.

Filtering Out Fake News

Posted January 12, 2024

By Ray Blanco

AI offers a unique solution to the Fake News epidemic.

Should I Buy Bitcoin?

Posted January 11, 2024

By Ray Blanco

It’s official, the Bitcoin ETF has been approved. Its price keeps going up, but should you buy-in now?

Live From CES in Vegas!

Posted January 10, 2024

By Ray Blanco

Zach, Matt, Ari, and Bob are providing live updates from the Consumer Electronics Show in Las Vegas.

Bigger Than Bitcoin

Posted January 09, 2024

By James Altucher

James Altucher tells us why he’s not bothering with the next Bitcoin bull run, even though he thinks it’s legit.