| This company grew 32,481%….No, it’s not Nvidia… |
Markets are still excessively volatile.
Unfortunately, a lot of that is coming from tariff fears, concerns for higher inflation, which could keep from Federal Reserve from lowering interest rates even more.
On hopes President Trump could soften reciprocal tariffs on April 2, markets cheered and exploded higher. Then came the 25% tariffs on all cars made outside of the U.S., which sent markets down again.
With this latest tariff, the “25% tariff will be applied to imported passenger vehicles (sedans, SUVs, crossovers, minivans, cargo vans) and light trucks, as well as key automobile parts (engines, transmissions, powertrain parts, and electrical components), with processes to expand tariffs on additional parts if necessary,” says The White House.
As expected, foreign governments, including Japan, Germany, Canada, and even the European Commission aren’t big fans of the tariffs.
On top of that, there are recession fears.
In fact, according to Moody’s Chief Economist Mark Zandi, tariff policies could push the U.S. economy into a recession. Zandi described the recession risk “as uncomfortably high,” adding: “I think they’re less than 50-50, but it really does depend on the president and what he does here,” as quoted by Newsweek.com.
That being said, here’s one way to collect yield from a nearly recession-proof giant.
YieldMax AMZN Option Income Strategy ETF (SYM: AMZY)
With an expense ratio of just under 1%, the YieldMax AMZN Option Income Strategy ETF (AMZY) currently yields about 32.26%. In addition, its dividends are paid out monthly, with its last one ($0.4177) paid out on March 14.
While AMZY doesn’t directly invest in Amazon.com, it does generate monthly income by selling/writing call options on AMZN. In short, AMZY generates income from buying and selling call options on AMZN stock without ever owning AMZN stock.
We also have to consider that Amazon (AMZN) is severely oversold at $201.13. From here, we’d like to see it rally back to $220 initially, which would also push AMZY higher. In addition, AMZN dominates ecommerce with 40% market share. Plus, even if we do enter a recession, Americans aren’t likely to stop buying goods online.
Helping, Evercore ISI analysts see upside for Amazon, noting it’s their top stock to own right now. As noted by Benzinga.com, “[Analyst Mark] Mahaney believes Amazon is better positioned to deal with potential negative impacts of tariffs than some of the other big tech names. He expects the company to eat some of the tariffs, which will hurt profitability, but also pass through some of the costs to consumers.”
Related Reading: DOGE officially begins retirement transformation
It’s official…
Elon Musk’s Department of Government Efficiency (“DOGE”) just announced the first-ever “fully digital retirement” process .
This fired the starting gun on the biggest economic transformation in American history.
See, there is one particular part of Elon and Trump’s plans most people have ignored.
It was tucked away inside Section Four of the sweeping executive order to establish DOGE.
It states that Elon and his team can begin a “Software Modernization Initiative,” rolling out new technology across the entire Federal Government.
It’s a technology that could totally rewire life in America, changing how you claim Social Security… pay your taxes… even how you access healthcare.
In the process, it could create extraordinary wealth for anyone who understands Elon’s real agenda.
