At On Options we're always looking out for special opportunities we believe you, as a valued reader, will want to see. Below is a message from our colleagues that we think you should check out.
Hey Trader,
Is your crypto portfolio ready for 2022?
With Bitcoin hitting all-time highs, now is the time to reorient your crypto plays for the coming year.
That's why Luke Lango, InvestorPlace's resident crypto expert is releasing his latest crypto calls... completely free.
You can get them in his latest report, "3 Cryptos to Beat Bitcoin."
Quick Note: At The Late Investor, we're always looking out for special opportunities we believe you'll want to see. Below is a message from our colleagues that we think you should check out.
Hey Trader,
Markets have been wild.
With Russia's invasion of Ukraine, inflationary threats, a potential recession, and likely interest rate hikes on the way, investors are terrified. Plus, with oil prices now above $110 a barrel, there are concerns pump prices could substantially curb consumer spending.
And unfortunately, no one is quite sure what comes next.
While it would be easy to run for the exits, sit tight and protect your portfolio until the tension fades. The last thing you want to do is run from markets that are historically resilient.
You may want to use this time to load up on oversold NASDAQ stocks that may not stay down for much longer, including the five featured in our latest report.
Optimising Physical and Digital Wholesale Strategies for Growth
"Without the right assortment, you're not going to be able to maximise what digital transformation really means in the wholesale space [and that] starts with a virtual showroom," said Joor CEO Kristin Savilia, in conversation at BoF's Professional Summit: New Frontiers in Fashion and Technology.
Here, we share her insights on how a hybrid approach to wholesale will define and drive industry growth.
At 123 trade Option we're always looking out for special opportunities we believe you, as a valued reader, will want to see. Below is a message from our colleagues that we think you should check out.
Hey Trader,
Is your crypto portfolio ready for 2022?
With Bitcoin hitting all-time highs, now is the time to reorient your crypto plays for the coming year.
That's why Luke Lango, InvestorPlace's resident crypto expert is releasing his latest crypto calls... completely free.
You can get them in his latest report, "3 Cryptos to Beat Bitcoin."
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To great returns,
Vlad Karpel Tradespoon Founder
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At On Options we're always looking out for special opportunities we believe you, as a valued reader, will want to see. Below is a message from our colleagues that we think you should check out.
Hey Trader,
Check this out…
Yep, you read that right.
I made $39,587.92 in October 2021 alone...
It's all verified and confirmed by an external legal firm, and I do this all the time.
So… what's my "secret?"
Well, it's something anyone can do… trading penny stocks.
And here's why it's so easy:
They go for under $5 a share...
Most of the dopes on Wall Street IGNORE them (so there's not much competition)…
Anyone with an internet connection can trade them...
So… here's a question:
Can you imagine making $39k in a month?
Really… take a second and imagine it.
You could pay off debt, get a new car, or even help out family and friends.
I'm telling you, learning this can change EVERYTHING for you!
Quick Note: At The Late Investor, we're always looking out for special opportunities we believe you'll want to see. Below is a message from our colleagues that we think you should check out.
Hey Trader,
Check this out…
Yep, you read that right.
I made $39,587.92 in October 2021 alone...
It's all verified and confirmed by an external legal firm, and I do this all the time.
So… what's my "secret?"
Well, it's something anyone can do… trading penny stocks.
And here's why it's so easy:
They go for under $5 a share...
Most of the dopes on Wall Street IGNORE them (so there's not much competition)…
Anyone with an internet connection can trade them...
So… here's a question:
Can you imagine making $39k in a month?
Really… take a second and imagine it.
You could pay off debt, get a new car, or even help out family and friends.
I'm telling you, learning this can change EVERYTHING for you!
That's not a great explanation because there is a lot to this. But that's a great way to simplify it and you really don't have to know how it works, just know that is does!
Bottom line, I researched this for a year before I put in a cent of my own money.
Since then, I have been blown away by the profits…
I personally made $108,862.61 in 11 months without doing anything at all. Nothing.
P.S. How this whole Master Node thing works is way above my head. Know this… No computer geeks were harmed in the making of this brilliant idea. If you want to know the simple explanation or want to geek out on the technology… You will find all your answers here.
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P.S. This is a way to make a good solid monthly profit off the crypto craze without the risk. You don't need to ever buy bitcoin or anything else. Because in essence you are the bank for all of those crypto crazies who are buying them. Let them take the risk, you just make the money…
================================= Information, charts or examples contained in this email is for illustration and educational purposes only. It should not be considered as advice or an endorsement to purchase or sell any security or financial instrument. We do not and cannot give any kind of financial advice. No employee or persons associated with us is registered or authorized to give financial advice. We do not trade on anyone's behalf, and we do not recommend or receive any payments from any broker. On certain occasions, we have a material link to the product or service mentioned in the email. This may be in the form of compensation or remuneration.
In order to comply with European Union GDPR regulations we have updated our Privacy Policy to clarify and provide explanations of how personally identifiable data is collected and managed by our company. For more details please check our website's terms and condition/.Privacy Policy (ies) =================================
P.S. This is a way to make a good solid monthly profit off the crypto craze without the risk. You don't need to ever buy bitcoin or anything else. Because in essence you are the bank for all of those crypto crazies who are buying them. Let them take the risk, you just make the money…
================================= Information, charts or examples contained in this email is for illustration and educational purposes only. It should not be considered as advice or an endorsement to purchase or sell any security or financial instrument. We do not and cannot give any kind of financial advice. No employee or persons associated with us is registered or authorized to give financial advice. We do not trade on anyone's behalf, and we do not recommend or receive any payments from any broker. On certain occasions, we have a material link to the product or service mentioned in the email. This may be in the form of compensation or remuneration.
In order to comply with European Union GDPR regulations we have updated our Privacy Policy to clarify and provide explanations of how personally identifiable data is collected and managed by our company. For more details please check our website's terms and condition/.Privacy Policy (ies) =================================
Former Sen. Ferdinand Marcos Jr. and his running mate, Davao City Mayor and presidential daughter Sara Duterte, took a commanding lead in the partial and unofficial tally of votes cast in Monday’s elections, the numbers reflecting their consistent dominance in the surveys.
Anxious voters did not have to wait idly for the election results on Monday, thanks to enterprising businesses that offered a slew of promos for dining and shopping.
WALKING INTO HISTORY Presidential candidate Ferdinand “Bongbong” Marcos Jr. enters Mariano Marcos Memorial Memorial Elementary School in Batac City, Ilocos Norte, on Monday morning to cast his vote —JOHN MICHAEL MUGAS/BING GONZALES
The automated national and local elections on Monday was marred by the malfunctioning of about 2,000 vote-counting machines (VCMs) across the country, prompting the Commission on Elections (Comelec) to decide to discard them in future polls.
Employees of the National Food Authority (NFA) last week called on President Duterte to dismiss the agency’s administrator, Judy Carol Dansal, over alleged graft and corrupt practices, nepotism, grave abuse of authority, wanton disregard of existing laws, rules, and regulations, and for being anti-labor.
Never have so many kids reported being so sad and stressed.
Why it matters: The American Academy of Pediatrics declared the mental health crisis among children and teens a national emergency.
Zoom out: Consider these troubling stats,reported by Axios health care editor Tina Reed.
Mental distress: More than 40% of teens said they persistently felt sad or hopeless during 2021, a CDC survey found.
Risky behavior: The same survey found increased use of alcohol and drugs during the shutdown.
Abuse: 55% reported emotional abuse from a parent or other adult in the home. Over 10% reported physical abuse.
Here's how all of us — parents, relatives, friends, mentors — can help:
Look for outward signs that something's wrong — rapid weight gain or loss, falling grades, mood swings, frequent headaches and fatigue. Don't avert your gaze.
Don't just watch — ask. Young people want attention and questions, even if they act otherwise.
Read between the lines. "We look at kids who are irritable or angry, and we say they're bad or mad," says Ken Ginsburg, a pediatrician and founder of the Center for Parent and Teen Communication. "That's how they show they're sad."
Call in professionals. If the price is steep, start with cheap or free resources at the child's pediatrician's office, school or house of worship. All those places have adults trained to counsel. Here's a guide for broaching therapy with teens.
"Insist on answers. Don't assume specialists are omniscient. Seek second opinions. If they prescribe medication, follow up with them on why and the side effects. Alcohol often causes problems when mixed with meds. Help teens understand this."
The bottom line: "You don't need to have the perfect words," Ginsburg says. "You just need to show up."
Axios Pro delivers exclusive reporting and analysis on the biggest deals shaping your industry.
Why it matters: Axios Pro reporters have access to industry contacts and information you won't find anywhere else. Pro subscribers get their scoops first.
Here are two common pitfalls when helping teens, Emily Pluhar, an adolescent psychologist at Harvard, tells us:
Tiptoeing when worried: "People are so afraid to ask about things like self-harm and suicide because they're afraid they'll suggest it," she says. "No data shows that that's true. So be as direct as possible."
Fearing you're endorsing: "If a teen says, 'My life sucks,' you can say: 'I can see how you feel that way with what's been going on' — without agreeing."
It's called Smart Brevity®. Over 200 orgs use it — in a tool called Axios HQ — to drive productivity with clearer workplace communications.
Axios thanks our partners for supporting our newsletters. If you're interested in advertising, learn more here. Sponsorship has no influence on editorial content.
Axios, 3100 Clarendon Blvd, Suite 1300, Arlington VA 22201
This video will be going offline TONIGHT at 11:59 p.m. ET. If you haven't watched it, you'll need to do so today to get details on Charles' latest BUY recommendation.
This company develops, manufactures and markets a range of branded and generic pharmaceuticals and medical devices.
And it's going to spin off a division into a separate company with its own company name and ticker symbol in just a few weeks.
You can access all the details when you watch Charles' video presentation right now.
This is one of Charles' favorite strategies for building wealth. And it's used by billionaires like Warren Buffett.
And this is your last chance to get all the details from Charles on how you can start receiving pre-market shares.
Remember, this strategy shows you…
What pre-market shares are…
Why they're "hidden" from stock exchanges…
How they beat the market 3-to-1…
These pre-market shares have beaten initial public offerings, small caps, commodities and real estate.
And they've delivered results like...
430% in 23 months.
375% in 14 months.
And 364% in 17 months.
And, best of all, pre-market stocks work in every market condition … bull, bear and even sideways markets.
Regards,
John Wilkinson Director of VIP Services, Banyan Hill Publishing
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At 123 trade Option we're always looking out for special opportunities we believe you, as a valued reader, will want to see. Below is a message from our colleagues that we think you should check out.
Hey Trader,
Check this out…
Yep, you read that right.
I made $39,587.92 in October 2021 alone...
It's all verified and confirmed by an external legal firm, and I do this all the time.
So… what's my "secret?"
Well, it's something anyone can do… trading penny stocks.
And here's why it's so easy:
They go for under $5 a share...
Most of the dopes on Wall Street IGNORE them (so there's not much competition)…
Anyone with an internet connection can trade them...
So… here's a question:
Can you imagine making $39k in a month?
Really… take a second and imagine it.
You could pay off debt, get a new car, or even help out family and friends.
I'm telling you, learning this can change EVERYTHING for you!
Quick Note: At The Late Investor, we're always looking out for special opportunities we believe you'll want to see. Below is a message from our colleagues that we think you should check out.
Hey Trader,
Charlie Shrem here.
What if I told you that the crypto volatility you're seeing is more than just your standard up and down?
For two years, we've watched meme coins fly up the charts...
Making fortunes for those who got in early.
But today, that's coming to an end.
The market is being purged of "meme" cryptos... tokens with no fundamental value.
Which means that — if you want to make money in crypto — you're going to need to be looking at different opportunities.
And that's what I want to talk with you about today.
As you may have heard, I was one of bitcoin's earliest millionaires.
I told people to buy bitcoin when it was trading for under $5... long before it went up more than 900,000%.
I've spent the last 10 years alerting people to breakout opportunities...
Tokens that have flown up more than 4,000%.
And today, I want to share my latest tool with you...
A breakthrough new crypto monitoring method called "the crypto calendar."
I believe that this calendar will be an essential tool for any investor looking to profit in the market ahead.
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📅 Join Axios' Russell Contreras and Erica Pandey tomorrow at 12:30pm ET for a virtual event exploring initiatives to resolve financial barriers in higher education. Guests include Education Secretary Miguel Cardona and Christopher J. Nellum, executive director of The Education Trust-West. Register here.
Smart Brevity™count: 1,057 words ... 4 minutes. Edited by Glen Johnson.
1 big thing: Warren crowds Biden
Photo illustration: Sarah Grillo/Axios. Photo: Elijah Nouvelage/Getty Images
Sen. Elizabeth Warren (D-Mass.) is eclipsing President Biden with endorsements and, at times, as the Democrats' leading voice on major issues, including abortion and canceling student debt, write Axios' Alexi McCammond and Sophia Cai.
Why it matters: The progressive's prominence is pressuring the incumbent president and White House to move left. It's also raising questions about her ambitions, especially as the Democratic Party faces electoral apocalypse this fall and questions about whose voice — and issues — are best to rebound.
Another high-profile liberal Democrat, Sen. Bernie Sanders (I-Vt.), hasn't ruled out another presidential campaign — so long as Biden doesn't run for re-election, according to a leaked memo from his former campaign manager Faiz Shakir.
Driving the news: Warren took to the steps of the Supreme Court twice last week to stand with abortion rights activists and give an impassioned speech that's now gone viral.
"I am here because I am angry, and I am here because the United States Congress can change all of this," Warren said, surrounded by advocates of abortion rights cheering at her every line. She called the court "extremist."
That moment, supporters say, captured Warren's greatest strengths: her ability to mobilize quickly, validate concerns by lending her voice to the activists and tie the issue back to the economy.
Since then, she's been all over the airwaves, appearing on "The View" and cable news programs to share her outrage.
A new business lobby backed by Republican heavyweights is looking to build clout with GOP leaders amid high-profile splits between the party's policymakers and key segments of corporate America, Axios' Lachlan Markay has learned.
Why it matters: The American Free Enterprise Chamber of Commerce is positioning itself as an alternative to groups such as the U.S. Chamber of Commerce. The new group's backers complain the Chamber has lurched left from its onetime post at the vanguard of a Republican-aligned political apparatus.
The chairman of the AmFree chamber, as it's known internally, is Terry Branstad — the former Republican governor of Iowa and President Trump's ambassador to China.
Its CEO is Gentry Collins, a former political director of the Republican National Committee.
The AmFree Chamber will provide an avenue for American businesses looking to influence Republicans, who appear poised to retake congressional majorities next year.
What's happening: The new chamber's formation comes as corporate America grapples with increasing pressure to engage on issues such as voting rights, racial justice and abortion — and the potential political fallout from doing so.
"I hope to make the case to our policymakers at all levels that we must move away from the trend towards socialism and back to a pro-business, pro-growth posture," Branstad told business leaders during a conference call last Thursday, which Axios also attended.
In a memo pitching the group to potential members, a copy of which was obtained by Axios, the AmFree Chamber offers "tools for American businesses to maintain access to the marketplace in the face of 'woke capital' and 'cancel-culture' threats," among other benefits.
What they're saying: "[W]e warmly welcome anyone who joins our agenda, advocating for businesses and their workers. We need the pro-business voices to be heard loud and clear," a U.S. Chamber spokesperson told Axios.
The president has made fewer endorsements during the 2022 campaign cycle than virtually any major political figure in either party, according to an analysis by Axios' Andrew Solender and Alexi.
Why it matters: Biden's restraint is traditional for most presidents but sharply contrasts with his predecessor, Donald Trump. He's sought to remake the GOP in his image and purge critics from its ranks by supporting and opposing a multitude of candidates.
Trump has endorsed candidates for Congress, governor, attorney general, state legislature, state party chair, county judge and even foreign heads of state.
What they're saying: A Biden adviser told Axios the president is being "strategic" with his endorsements and has a "longstanding position" not to tip the scales in open primaries.
"You can expect to see some endorsements from the president moving forward," the adviser said.
The adviser added that the endorsements will go to "incumbents who have been with him on votes and supporting his agenda, which is helping the American people."
Vice President Kamala Harris swears in Nick Perry as U.S. ambassador to Jamaica. Photo: Chris Kleponis/Abaca/Bloomberg via Getty Images
🇺🇦 Congressional leaders struck a deal tonight to send $39.8 billion in military and humanitarian aid to Ukraine that could be taken up by the House as soon as tomorrow, Axios' Alayna Treene reported.
🗳️ Georgia Secretary of State Brad Raffensperger is campaigning against a Trump-backed challenger by dispelling falsehoods about the 2020 election, telling Axios Atlanta's Emma Hurt, "I don't duck questions; I answer everyone's questions. I just give them facts."
🗣️ White House press secretary Jen Psakialluded to the protests in a tweet, stating, "Judges perform an incredibly important function in our society, and they must be able to do their jobs without concern for their personal safety."
❌ Senate Minority Leader Mitch McConnell ruled out nuking the legislative filibuster to pass abortion restrictions if Republicans take the majority, telling Politico, "I will never support smashing the legislative filibuster on this issue."
🦠 Susan Rice, the White House's domestic policy adviser, said she tested positive for COVID-19 in the morning. She added, "I last saw the president in person on Wednesday — masked — and under CDC guidance he is not considered a close contact."
It will expedite military aid and other resources to Ukraine.
Joining the president were, from left, Rep. Elissa Slotkin (D-Mich.), Vice President Kamala Harris, Sen. Ben Cardin (D-Md.) and Rep. Victoria Spartz (R-Ind.), the first Ukrainian-born member of Congress.
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Investing is inherently risky. While a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security.Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site.The past performance of any trading system or methodology is not necessarily indicative of future results.CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY.SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.All trades, patterns, charts, systems, etc., discussed in this message and the product materials are for illustrative purposes only and not to be construed as specific advisory recommendations.
Over the weekend, a landslide blocked access to the primary road connecting a resort area known as Lowell Point from the neighboring city of Seward.
It all happened on Saturday.
A few hundred people live in the unincorporated area that gets a lot of tourist visits on the Kenai Peninsula south of Anchorage.
Several residents and visitors either find themselves stuck in town or unable to access their rentals. Fortunately, a number of water taxis are helping to handle the issue while the road remains blocked.
Were there any injuries when the landslide happened?
I haven't eaten at Taco Bell since they announced that Lil' Nas X was their new chief impact officer. And I can't help but wonder if he's got something to do with their latest nauseating move.
Taco Bell has been making American stomachs turn for decades now, but they've just announced a decision that Tums or Rolaids won't be able to help you out with.
According to The Washington Time, the chain has launched a "Drag Brunch Tour" that will soon be making its way across five cities in our nation.
So, what will be on the menu, and which five cities get to be the guinea pigs for this latest publicity stunt?
The Obama-appointed judge overseeing the criminal case against Hillary Clinton's former campaign attorney is trying to protect Clinton and Democrats from serious legal trouble.
At least, that's what the latest ruling appears to hint at.
Judge Christopher Cooper declined to rule whether or not the Clinton campaign and the Democratic National Committee colluded with others to spread the Russia conspiracy myth.
The case is set to begin in a week, so lawyers for Clinton's former attorney Michael Sussmann are making as many motions as possible in an attempt to block evidence.
It's clear that they don't really care about Sussmann. This is a plot to protect Hillary.
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Inflation has recently increased, making it more difficult for ordinary Americans to keep up with their bills while still having enough money to invest. It's tempting to cut back on investment to create more breathing room each month as expenses rise so quickly.
One of the most important benefits of investing in great companies is that they allow investors to maintain their purchasing power over time, especially during periods of high inflation.
When the market is volatile, however, selecting exceptional businesses worth investing in for the long term can be difficult. Here are three companies to consider investing in as inflation approaches.
Warehouse workers for a well-known chocolate and coffee company were in for quite the surprise when they found cocaine hidden among bags of coffee beans in a storage container.
The amount of cocaine found was more than 1,100 pounds, which is said to have a street value of $50 million.
Workers discovered the cocaine when they were unloading storage containers that arrived by train. All of the containers were thought to include coffee beans only, that is until they inspected them further.
Cocaine was found in five of the containers that originally arrived by sea from Brazil before they were loaded onto a train and taken to the warehouse.
What did workers do after the discovery? And which popular company's warehouse was it found in?
A break in the Madeleine McCann case is coming just a few days shy of what would have been McCann's 19th birthday, and it suggests the worst could have happened to the young girl when she disappeared 15 years ago.
Christian Brückner,45, was officially named a suspect in the case on April 22 this year. He was already in jail for raping a 72-year-old woman in the village where McCann disappeared. It was discovered Brückner did odd jobs at the Ocean Club in Praia da Luz and would have been familiar with the resort building.
This information led Hans Christian-Wolters, a German prosecutor, to believe that Brückner was responsible for McCann's kidnapping. Brückner reportedly lived in a camper van when he was working as a handyman.
Here's what police found when searching his van, and here's what Christian-Wolters believes happened to Madeleine after she was kidnapped.
People walk by the New York Stock Exchange in New York City. | Spencer Platt/Getty Images
DON'T POKE THE BEAR— President Donald Trump and his aides in the White House watched and gabbed about markets constantly, even obsessively. CNBC and Fox Business shared time with Fox News on Trump's very full TV-watching schedule. The Biden White House doesn't do any of that.
Biden himself almost never mentions the stock marketunless asked. And for very good reason at the moment.Stocks are on a massive slide for the year, driven down by fear of inflation, rate hikes and Russia's war in Ukraine.
The tech-dominated Nasdaq has lost more than a quarter of its value this year (27 percent). The S&P is down close to 17 percent, and the Dow nearly 12 percent.
The major indices all tanked again today, with the Dow off another 2 percent, the S&P 3.2 percent and the Nasdaq a miserable 4.3 percent.
So should Biden just come out and talk about it? It seems untenable for Biden or some other senior official not to come out and say something significant about the state of the stock market.
It would be easy enough to cheerlead the low unemployment rate and suggest that market turbulence, while unsettling, is to be expected as the global economy adjusts following the worst of the pandemic and that people should maybe chill a little.
But market commentary is just not in the Democratic Party's DNA. That goes back at least to the Clinton White House and admonishments from senior officials like top economic adviser and later Treasury Secretary Bob Rubin who warned staffers to never, ever talk about stock market moves.
"It was drilled into us pretty early at the time and a lot of people with Biden now were around then like Gene Sperling, Steve Richetti, Ron Klain and even Janet Yellen," a former senior Clinton White House official told Nightly on condition they not be named talking about a sensitive issue within the party.
"The message was, 'You shouldn't talk about markets because in essence you have no control over them and they go down as well as up,'" the former staffer said. "The key was to get the economic fundamentals right and in the long-term the market would follow the fundamentals."
Even so, having a strong stock market in addition to a good economy is clearly a recipe for winning. And Biden's numbers on inflation and the economy are in the tank. All the talk of "transitory" inflation seems like mostly bunk now. And the stock market just keeps bleeding.
Trump Treasury Secretary Steven Mnuchin told CNBC in 2017 that the stock market was "absolutely" a good report card on that administration's economic record. Markets generally went higher under Trump. But trade wars and then Covid also caused giant whipsaws in the market.
A White House official told Nightly of Biden and the stock market: "As the president has said, we don't judge the economy by the daily movement of the stock market. And while the stock market is volatile, since President Biden took office the market is up considerably, which is good for the millions of Americans who have stocks or mutual funds in their retirement accounts."
There's another way for Democrats to counter GOP arguments about stocks: Say you're on the side of labor, not capital. Forget about the big losses for all those Wall Street fat cats.
"IT'S THE TWO ECONOMIES," Bloomberg's Joe Weisenthal (@thestalwart) recently tweeted. "American workers are experiencing the tightest labor market in a generation, with unemployment at 3.6% … Meanwhile, the world's 500 richest people have already lost $1 trillion this year."
The problem with this approach is that while a small group does own a vast majority of stocks, millions more — around 56 percent of Americans — have exposure to the market through individual holdings, 401(k) and other retirement accounts and pensions. They don't like giant drops, either financially or often mentally.
And even those not invested at all can get depressed by headlines of Wall Street chaos, darkening their view of the economy. Thelatest CNN poll found that only 23 percent of Americans view the economy as "at least somewhat good," despite a tight jobs market and decent if much slower growth than earlier in the pandemic recovery.
So maybe Biden is right to keep quiet on the slump in the markets. At this point the risks could outweigh any benefits. Wall Street might take it as a panic move. And Biden's record in economic forecasting is not that great.
"They kind of broke the mold a little with the president coming out and calling inflation 'transitory,' which obviously it hasn't been," the former Clinton aide said. "So I don't know why they'd suddenly start talking about stocks given their terrible experience with inflation."
The Biden administration's Commerce Department is threatening to implement massive tariffs of up to 250% on solar panel components imported by American solar manufacturers for assembly in the U.S. This tariff threat is devastating the American solar industry, costing U.S. jobs, hurting domestic manufacturing, raising inflation and undermining efforts to address climate change.
— Hill leaders strike deal on nearly $40B in Ukraine aid: Congressional Democratic leaders have reached a bipartisan accord to send $39.7 billion to Ukraine to bolster its months-long battle to stave off a brutal Russian assault. And that deal is now expected to move swiftly to Biden's desk, after Democrats agreed to drop another one of their top priorities — billions of dollars in pandemic aid that has stalled on the Hill. The Ukraine aid could come to the House floor for a vote as soon as Tuesday, according to a person familiar with the discussions who spoke candidly on condition of anonymity.
— White House adviser Susan Rice tests positive for Covid: Rice said in a tweet she last saw Biden in person on Wednesday while masked, and "and under CDC guidance he is not considered a close contact." Rice's diagnosis comes just two weeks after Vice President Kamala Harris tested positive for Covid and five days after Secretary of State Antony Blinken announced he had contracted the virus.
— Jan. 6 coverage wins Pulitzer's public service prize: The Washington Post won the Pulitzer Prize in public service journalism today for its coverage of the Jan. 6 insurrection at the U.S. Capitol, an attack on democracy that was a shocking start to a tumultuous year that also saw the end of the United States' longest war, in Afghanistan. The Post's extensive reporting, published in a sophisticated interactive series, found numerous problems and failures in political systems and security before, during and after the Jan. 6, 2021, riot in the newspaper's own backyard.
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Putin has called the atrocities in Bucha "fake" and claimed they were staged by the West, despite overwhelming evidence that they were real.
POLITICO interviewed the families and friends of five men killed in three instances, just a few miles apart from each other in Kolonshchyna and Kalynivka in March. In each case, the men were unarmed. Two of the men found together were hastily buried in a shallow grave; two others were found shot to death in a burned-out car; the third man was discovered inside the trunk of his own sedan — his body boobytrapped with an antipersonnel mine. The information provided by the families about their loved ones was corroborated by local police and territorial defense forces.
The cases add to the mounting pile of evidence of alleged war crimes being logged by Ukrainian and international prosecutors that amount to what is likely the largest atrocities in Europe since World War II.
A message from Save American Solar Jobs:
Nightly Number
15 percent
The reported decrease in consumer spending on alcohol month-over-month in March, according to a new Morning Consult survey, as nonessential purchases declined with increased prices in necessities like groceries and gas.
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Parting Words
NOTHING NEW ABOUT PROTESTS— Protesters flocked to the Chevy Chase, Md., homes of Supreme Court Justices John Roberts and Brett Kavanaugh over the weekend to protest a draft Supreme Court majority opinion, first reported by POLITICO, that would overturn Roe v. Wade. As Anthony Adragna reports in Congress Minutes, it's just the most recent example of activists protesting at the private homes of prominent public figures.
Sen. Josh Hawley (R-Mo.): Protesters chanted outside his Vienna, Va., home in early 2021 after he joined objections to certification of Donald Trump's 2020 election loss. "Hawley, Hawley, shame on you! Biden Harris won through and through!" they chanted.
Speaker Nancy Pelosi: Protesters placed an "eviction" notice on Pelosi's San Francisco home in July, amid the impending lapse of a federal eviction moratorium enacted during the pandemic. In January of last year, they vandalized her home by spray painting "we want everything!" after a failed vote on $2,000 stimulus checks during Covid failed.
Senate Minority Leader Mitch McConnell: At the same as the January 2021 incident at Pelosi's home, vandals spray-painted McConnell's Louisville, Ky., home with "Where's my money?" — a reference to the failure of Congress to pass those $2,000 stimulus checks. Back in September 2020, a group with the Sunrise Movement protested outside his D.C. home with a go-go band, objecting to the GOP's plan to fill Justice Ruth Bader Ginsburg's vacant Supreme Court seat following her death.
Sen. Joe Manchin (D-W.Va.): A group of West Virginia kayakers protested outside the influential centrist's houseboat in September, hoping to secure his vote for the Democrats-only climate change and tax package (so far, unsuccessfully).
Lawmakers in both parties and other public officials, such as judges, are facing heightened threats to their personal safety. Some members of Congress have even moved to spend campaign funds on personal security safeguards.
A message from Save American Solar Jobs:
The Biden administration's Commerce Department is threatening to implement massive tariffs of up to 250% on solar panel components imported by American solar manufacturers for assembly in the U.S. This tariff threat is devastating the American solar industry, costing U.S. jobs, hurting domestic manufacturing, raising inflation and undermining efforts to address climate change.
There is a better solution already on the table. Congress should pass the clean energy tax credits and incentives that have been stalled since last year. These policies will drive the expansion of domestic solar panel component manufacturing and ensure we have the infrastructure needed to fight climate change and create jobs.
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S&P 500 slides to 13-month lows as Bitcoin gets slammed over 12%. Where have the dip-buyers gone? The fatigue in retail is palpable as today marked the largest outflow in years. While the outflows were apparent in most sectors, staples were almost unchanged on the session. Unusual option activity shows weakness in consumer finance companies like COF and DFS. (DFS, COF, MRO, PETS, ABNB, NCLH, NUE)...
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