Eric Wade says we're in the middle of a huge overhaul to the financial system that will change our lives.
It's all due to the new FedNow payment system and Eric has a handful of stock picks he promises to share in a “FedNow Investor Playbook”.
The Teaser
FedNow is just the latest in a series of shifts in the financial system that not only changed how we use money, but rewired the economy, and made the people involved millions of dollars.
Eric Wade doesn’t work for the federal government, run a Silicon Valley tech firm or a Wall Street hedge fund. Instead, he scored early wins by understanding and investing in new technology. One of these wins was buying WallStreet.com for just $7 in the mid-1990s and selling it in 1999 for more than a million dollars.
Eric is one of the new faces at Stansberry Research, whose services we have previously reviewed and also compared side-by-side to others such as the Motley Fool.
One of the first examples of how technology changed the way money works is Western Union’s so-called “Lightning Lines” which could send money from New York to San Francisco instantly.
Another is the first credit card, the Diners Club card founded in 1950, which paved the way for the plastic cards we carry in our pockets today.
The guy who came up with the idea, Frank McNamara made a fortune for himself and was voted one of Life magazine’s 100 Most Influential Americans of the century.
Credit card companies that rode this wave fared even better, with American Express returning more than 10,000% since the 80s.
Fast forward to today and it looks like history is repeating itself thanks to the latest and according to Eric, the biggest shift in the financial system in living memory.
The Modern-Day Lightning Line
Thanks to an Executive Order signed by President Biden last year, this could be the biggest mass adoption of new technology since Western Union’s telegraph lines.
Eventually, it could mean banks stop offering checking and savings accounts and instant payment services like Cash App become obsolete.
There is no proof any of this will happen, but it does have the full backing of the Federal Reserve, US Treasury, and the White House.
Eric says there's one tech play (among others) we can snap up for less than a dollar and it's already signed on as an official partner with the Fed.
The Pitch
Eric has spent the last 12 months researching what he calls The FedNow Investor Playbook.
The playbook contains the names of a handful of companies Eric expects to rise furthest and fastest as this shift gathers strength.
We can receive instant access to the FedNow Playbook plus an entire model portfolio of cutting-edge tech investments…if we take a trial subscription to the Stansberry Innovations Report research letter. Normally, one year’s access costs $199, however, for a limited time we can get a 30-day trial for only $49.
How FedNow Is Changing The Financial System
Much has been said about the changes coming to America’s financial system.
Whether it's a cash ban, a fully digital dollar, or a social credit score, Eric believes these are all distractions from a far more urgent shift.
He adds that it will have seismic implications not just for our currency, but for our savings, retirement, and entire way of life. What is it?
He's talking about the FedNow payment system.
Since its rollout in July, there has been no change to your day-to-day life, but that is about to change.
From Behind the Scenes to In Your Face
The launch of the FedNow instant payment service was just the first phase of a brand-new financial system.
One that blockchain technology, instant payments, and digital wallets will underpin.
Soon, all this technology will be integrated under one application, which Eric predicts we’ll access with a QR code.
It won't be long until we will be paying our bills, transferring money, getting our tax rebate, and investing in the stock market, all from one Fed App, accessed by a QR code.
That’s Eric's prediction, anyway.
If he's right, there are big bucks to be made with the companies making this change happen and riding them as far as they'll go.
Eric is willing to put his reputation on the line and say the returns from the companies at the heart of this shift will exceed the quadruple-digit returns delivered by the likes of Western Union and the credit card providers during the previous seismic shifts to the financial system.
Let's find out what they are.
Revealing Eric Wade's FedNow Stocks
Because the Federal Reserve is now rolling out its instant payments network and turning to these firms for help, it's the perfect time to make our move into these kinds of businesses.
Here are the clues provided about each:
#1: FedNow’s Secret Partner
- Eric's #1 play is already working hand-in-glove with the Fed.
- It’s built a super-secure payment network that would be a giant step forward for our current financial system.
- In the first quarter of 2023, this network processed SIX BILLION transactions.
This sounds like Fiserv, Inc. (Nasdaq: FISV).
- Fiserv is a certified FedNow service provider.
- In 2022, the company handled 35.38 billion transactions worth $2 trillion, and although it doesn't disclose quarterly transaction volume figures, they are in the neighborhood of six to nine billion per quarter.
#2: The “Tollbooth” of the Next-Generation Financial System
- This company owns a “tollbooth” on the fast-changing financial system.
- Not only that, it’s moving into the digital markets space as we speak, thanks to a huge acquisition it just made for a digital asset and derivative marketplace.
Can't be sure, but Cboe Global Markets, Inc. (CBOE) sounds like the pick here.
- It is the world's leading derivatives and securities exchange network = toolbooth.
- Cboe recently acquired US-based digital asset spot market, ErisX Digital Holdings.
#3: The unknown network building the financial “Killer App”
- Ultimately it’ll disrupt the way every stock, bond, ounce of gold, and piece of real estate gets traded.
- This tiny blockchain network company already has partnerships in place with the likes of Credit Suisse and Deutsche Bank.
Eric is obviously talking about Polygon (MATIC).
- MATIC is the Polygon network's native cryptocurrency, which allows developers to create and deploy their own blockchains based on Ethereum.
- It has partnerships in place with everyone from Credit Suisse to Deutsche Bank, and DraftKings, among others.
The Companies (and Coin) Rising Furthest And Fastest?
No one has a crystal ball, well except for late-night infomercial fortune tellers, however, some mega macro trends will tell us where things are headed.
First, blockchain technology will disrupt traditional payment networks and Fiserv has no competitive advantage in this space. Its close competitor FIS is also a FedNow service provider, so this isn't enough of a differentiator.
Second, commodities and critical minerals are going to get more expensive. This means more people will want to own them and exchanges like the CBOE will benefit. It currently trades for 25x trailing earnings, which is about the market median right now, and has above-average growth prospects.
Lastly, tokenizing real assets for convenience and data security purposes is gaining steam. Tokenization platforms like Polygon and OpenZeppelin are at the forefront of this movement and look like early winners in the nascent space.
Quick Recap & Conclusion
- Eric Wade says the new FedNow payment system is changing everything and he has a handful of stock picks he promises to share in a “FedNow Investor Playbook”.
- The FedNow instant payment system began rolling out in July, but it could soon consolidate several financial functions into one application, which Eric predicts we’ll access with a QR code.
- The FedNow Investor Playbook contains the names of a handful of companies Eric expects to rise furthest and fastest as this shift gathers strength.
- We are given clues on three picks, which we were able to reveal as follows: FedNow’s Secret Partner: Fiserv, Inc. (Nasdaq: FISV), The “Tollbooth” of the Next-Generation Financial System: Cboe Global Markets, Inc. (CBOE), and The unknown network building the financial “Killer App”: Polygon (MATIC).
- Cboe and Polygon are both solid picks, Fiserv has no competitive advantage in the crowded payment processing space.
Will FedNow eventually become an all-encompassing financial app? Let us know what you think in the comments.
I wonder how the US government can collect all the paper currency from around the world if we go digital. Can you imaging the Feds creating digital money like they do now with our currency? “Cachng” goes the register.
The other part of this scheme is to reduce the value of the dollar by 50% in order to help get rid of the huge debt that we have accumulated. Most in the know have gone to gold, bitcoin or other intrinsic valued methods of avoid the loss when currency devaluation occurs.
And don’t forget LINK..!!! Maybe THE blockchain leader
So grateful for your timely analysis. The pitches always seem so compelling.
Your analysis sure helps me from my knee jerk reaction to want to buy every infomercial.
Thank you for the research. Very helpful.
I’m not sure which crypto will win in the end, but I always appreciate your analysis. I’ll be joining your service soon!
Several possible wildcards have many investors hunkering (including me). We truly are in an all – time turbulent point in history. Currently dark-shadowing America (and ROW): the election; wars in the middle east; Ukraine, China, Korea, and of course Russia.. FedNow, along with it’s partner corps look to be aligned with most recent executive orders pushing for complete digitalization of our monetary system.. yes it will happen, however other events could cause some de-railment, even a complete different course. At least by now we should all know the “shadow candidate” that will be slipped into the ballot when Biden announces he’s bowing out of the race. Yes, California carries lots of weight, including ugly weight much of the people of the U.S. are finally beginning to see through. Elitist’s plans for big gov, Californication of the entire country, might not happen as easily as they are scheming. America is (was?) the global icon of freedom. Americans love hard assets. They love having cash that allows freedom of choice. Gen Zer’s, riding in the wake of their parents and grandparents, have lost touch with what America means. One day maybe, they will realize how they were sold out by totalitarian, elitist politicians, that literally robbed all of us of what we treasure more than money.. freedom. Don’t let an elitist California politician ruin what America should be. Research carefully, your stock picks, and your votes, for what you invision for your future in America.