You’ve got to hand it to those folks on Wall Street- they have a knack for ignoring the obvious.
And in the case of Facebook Inc. (Nasdaq:FB) that meant actually digging below the daily headlines.
See, the Street has been concerned with the social media giant’s hassles with regulators and politicians over crackdowns on Facebook violations of user privacy.
To be sure, the firm is forecasting losses of up to $3 billion due to possible fines from the Federal Trade Commission.
Here’s the thing. It recently made a merger that greatly increases its move into a hot new field that could easily generate more than six times that amount – in less than three years.
That’s why news that came out back on Feb. 4 is so important for understanding Facebook’s true cryptocurrency ambitions.
See, the firm quietly began a blockchain project about a year ago. But with the recent purchase in February of blockchain startup Chainspace, Facebook is looking for the kind of scale that means Big Money.
And today, I’m going to reveal a great way to play Facebook’s blockchain and crypto currency moves…
Check it out…
It’s time for me to sound like a broken record once again.
But I just can’t bite my tongue.
See, at the beginning of the year I was one of the few analysts to defy Wall Street with two conclusions:
- There would be no recession this year.
- Instead, the U.S. economy will resume a growth rate that most of the rest of the world can only dream about.
We recently found out that GDP expanded by 3.2% in the first quarter, extending the economy’s historic expansion.
And we now know that in April the jobs market was the best we’ve seen since 1969. That’s the year Led Zeppelin released its first record with the hit single, “Good Times Bad Times.”
Clearly, we are living in the former… And there’s even more good news.
Fact is, inflation remains tame because productivity is on a roll. The U.S. Labor Department just said productivity gains in the first quarter were the best we’ve seen in more than eight years.
Today, I’m going to show you how you can ride this trend with what I call the “Productivity Supercharger.”
It’s a stock that is set to crush the market over the next several years…
You’ve got to see this…