Author: Fredrick Frost

Your daily source for trading strategies, tech news, and politically incorrect humor.

Hey there, Bullets Fans –

Your Morning Bullets Brief Updates are here! And that means trivia is, too.

 According to Warren Buffett, what is investing rule number one?

Think you know the answer? You can check it in the closing area down below!

5 things to know before the stock market opens today

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The stock market was set for massive declines to start the holiday week, as news about the mutated virus in the U.K. weighed on investors. The development was enough to erase any optimism about the newly approved stimulus package and the emergency approval of Moderna’s vaccine.

The Dow Jones Industrial Average was slated for a 400-point loss.

However, experts believe that the vaccines that are already available should also work against the newest variant of the virus.

And the $900 billion relief package (more on that, below) is up for a vote today.

Moderna’s drug will be distributed to over 3,700 places all over the country. And Joe Biden will receive his vaccine on television today.

“I don’t want to get ahead of the line, but I want to make sure we demonstrate to the American people that it is safe to take,” he said.

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Thanks for reading once again! And don’t worry, I didn’t forget:

Here’s where you can go to check your answer!

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Your biggest fan,

Fredrick Frost

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Your daily source for trading strategies, tech news, and politically incorrect humor.

Hey there, Bullets Fans –

Your Morning Bullets Brief Updates are here! And that means trivia is, too.

On this day in 1927, the Dow Jones Industrial Average surpassed this milestone. What was it?

Think you know the answer? You can check it in the closing area down below!

The latest on the canceled transition briefings

Image Source: Reuters

There seems to be some miscommunication between Joe Biden’s transition team and Pentagon officials.

On Thursday, the acting secretary of defense, Christopher Miller, announced that there would be no further briefings for the remainder of 2020.  He issued a statement yesterday saying the break was a “mutually agreed-upon holiday pause.”

However,  a Biden transition spokesperson said yesterday: “Let me be clear: there was no mutually agreed-upon holiday break…In terms of when meetings will resume, meetings, and requests for information, which are substantively interchangeable, it’s our hope and expectation that that will happen immediately.”

Meanwhile, Miller said that no meetings had been canceled.

So, what happens now?

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Image Source: Johner Images

More older homeowners have debt than ten years ago. In 2019, over 51% of people 75 years and up owed some money, up from more than 32% in 2007, new research shows

“Even pre-pandemic, those households were still getting into more debt than they had in prior years,”  a key researcher said. “That’s not a place you can easily recover from. It’s not like you can easily get a job at that age and get back on track.”

On top of that, retirees over that age make a median $20,500 a year.

So how do you prevent this situation from happening to you?

Market Movers & Predictions

Thanks for reading once again! And don’t worry, I didn’t forget:

Here’s where you can go to check your answer!

Know someone who should be getting these Bullet Briefs? Make sure to send them over to www.morningbullets.com to subscribe.

Your biggest fan,

Fredrick Frost

P.S.  How useful did you find today’s Morning Bullets? 

Not useful – 22.51%

It was ok – 13.17%

It was good – 38.89%

Very useful – 25.43%

Hey there, Bullets Fans –

Your Morning Bullets Brief Updates are here! And that means trivia is, too.

Can you name the top five wealthiest people in the world? Bonus points if you guess each person’s net worth.

Think you know the answer? You can check it in the closing area down below!

5 things to know before the stock market opens today

Image Source: Getty Images

The market remained relatively steady this morning, as investors anticipate whether lawmakers will come up with a spending plan and stimulus relief package before their deadline just after midnight (more on that, below).

Yesterday, an FDA advisory panel recommended emergency use authorization for Moderna’s vaccine. That could be granted as soon as today, exactly one week after Pfizer received its authorization.

This morning Vice President Mike Pence received the vaccine.

And Johnson & Johnson is making progress in its own trials, enrolling 45,000 participants.

All of this comes as yesterday the U.S. logged over 3,000 virus-related deaths. That marks the fourth time in December that such a high number of fatalities has been recorded.

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Image Source: Reuters

Lawmakers are officially up against the wire. If they don’t come up with something by 12:01 a.m. this Saturday, the federal funding runs out and the government will shut down.

If no further stimulus is approved, 12 million people will lose their unemployment benefits after Christmas.

Though Congressional leaders have suggested that progress is being made, it remains to be seen when a deal will actually be signed.

Senate majority Leader Mitch McConnell said yesterday that the “bipartisan, bicameral agreement appears to be close at hand,” and that lawmakers would likely work this weekend to get something done.

House Speaker Nancy Pelosi also suggested yesterday that progress was made. She said, “we are waiting to hear back.”

“I think we’ll finish up on Saturday,” Senator Rob Portman said.

Hopefully, their talks culminate in a relief package soon.

Market Movers & Predictions

Thanks for reading once again! And don’t worry, I didn’t forget:

Here’s where you can go to check your answer!

Know someone who should be getting these Bullet Briefs? Make sure to send them over to www.morningbullets.com to subscribe.

Your biggest fan,

Fredrick Frost

P.S.  How useful did you find today’s Morning Bullets? 

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Your daily source for trading strategies, tech news, and politically incorrect humor.

Hey there, Bullets Fans –

Your Morning Bullets Brief Updates are here! And that means trivia is, too.

What is something that Warren Buffett says when it comes to investing with long-term goals in mind?

Hint: It begins this way. “You can’t produce a baby in one month by….”

Think you know the answer? You can check it in the closing area down below!

5 things to know before the stock market opens today

Image Source: Morning Bullets

The stock market was poised for additional gains this morning after a big day yesterday. Investors have been optimistic about the vaccine rollout in the U.S., and the continued stimulus talks.

Today the government issued its consumer spending report, which economists expect will reflect losses for November compared to increases in October.

And the Federal Reserve concludes its final meeting of 2020. Chairman Jerome Powell will hold a news conference after the policy statement is released this afternoon.

McConnell has said that lawmakers will not go home for Christmas until an additional stimulus deal is signed, “no matter how long it takes.”

But just how long will it take?  And what other news do you need to know this morning? 

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Image Source: CNBC

Although congressional leaders appeared optimistic after a meeting that went late into the night yesterday, it remains unclear exactly when anything will actually happen when it comes to another stimulus package.

Yesterday, House Speaker Nancy Pelosi, Senate Majority Leader Mitch McConnell, and Senate Minority Leader Chuck Schumer met to speed things along. Treasury Secretary Steven Mnuchin also called into the discussion.

When they left both McConnell and Schumer said an understanding would be reached “soon.”

But what exactly does that word mean after a stalemate that has already spanned several months? And what happens if no decision is made by Friday?

Market Movers & Predictions

Fredrick Frost

P.S.  How useful did you find today’s Morning Bullets? 

Not useful – 22.51%

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Your daily source for trading strategies, tech news, and politically incorrect humor.

Hey there, Bullets Fans –

Your Morning Bullets Brief Updates are here! And that means trivia is, too.

Who said these words?

“People work better when they know what the goal is and why. It is important that people look forward to coming to work in the morning and enjoy working.”

Think you know the answer? You can check it in the closing area down below!

5 things to know before the stock market opens today

Image Source: Morning Bullets

The Dow Jones Industrial Average was set for 200 points in gains this morning as investors continue to weigh vaccine hopes against the threat of more lockdowns soon and the delayed fiscal stimulus.

Lawmakers are discussing a newer version of their bill, split into two separate proposals, to increase the likelihood of getting something done before the holidays.

And on the vaccine front, Pfizer is shipping doses to 400 extra hospitals, and this week the FDA will discuss whether to authorize Moderna’s solution for emergency use in the U.S. This news comes as the U.K. grapples with another “variant” of the virus, and the number of cases in this country surpasses 16.5 million.

What else should you know about the markets this morning?

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Here are the details of a stimulus check scam to steer clear of

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Image Source: CNBC

How long until you see the virus vaccine at your local drugstore? Although the initial inoculations were administered in the U.S. yesterday, experts say that most Americans should expect to receive their first doses by the spring. Employees in the health-care industry will get the shot first.

“Over the next couple of months we anticipate that we’ll be able to have [it in] our stores similar to the flu season,” one Walgreens executive said. “As more and more vaccine becomes available, access to that vaccine will continue to grow.”

And a CVS executive had this to say: “When someone makes their appointment, we’re going to educate them right then and there that this a two-shot vaccine and we’re going to have them schedule it just like a round-trip plane ticket, where they’re going to schedule both of their doses at the same time.”

So, what exactly does all of this mean for your own path to vaccination?

Market Movers & Predictions

Thanks for reading once again! And don’t worry, I didn’t forget:

Here’s where you can go to check your answer!

Know someone who should be getting these Bullet Briefs? Make sure to send them over to www.morningbullets.com to subscribe.

Your biggest fan,

Fredrick Frost

P.S.  How useful did you find today’s Morning Bullets? 

Not useful – 22.51%

It was ok – 13.17%

It was good – 38.89%

Very Useful – 25.43%

Your daily source for trading strategies, tech news, and politically incorrect humor.

Hey there, Bullets Fans –

Your Morning Bullets Brief Updates are here! And that means trivia is, too. But some of the biggest news this morning has been the Google outage that appears to have been worldwide but seems to be working (at least intermittently now).

On this day in 1825, what financial crisis took place?

Think you know the answer? You can check it in the closing area down below!

5 things to know before the stock market opens today

Image Source: Morning Bullets

The Dow was set for over 200 points in gains this morning, as investors monitored forward-movement on much-anticipated issues. For one thing, Pfizer will begin the process of distributing its vaccine today, with 2.9 million doses slated for delivery within 24 hours.

And the FDA will discuss whether to grant emergency use authorization for Moderna’s vaccine later this week.

In Congress, lawmakers are looking to split their $908 billion bipartisan package into smaller ones, so that there is higher likelihood of them passing.

And electors today will meet to officially select the next president of the U.S. The results will be announced on January 6.

What else should you be aware of as you start your Monday, and your week?

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Image Source: Getty Images

Nothing like some technical difficulties to jumpstart your Monday.

If you’ve tried to log into your Gmail, Google Drive, or YouTube account this morning, then you already know that Google is experiencing some sort of outage.

These platforms have each issued their own error message. But no explanation for the error has been given.

The problem appears to be worldwide, and reached its peak at around 6:30 a.m. The reports were first posted on social media accounts this morning.

If you visit Google’s main site, you likely won’t run into any issues, but some cannot sign in.

What is causing the outage, and when will you be able to access your accounts again?

Market Movers & Predictions

Thanks for reading once again! And don’t worry, I didn’t forget:

Here’s where you can go to check your answer!

Know someone who should be getting these Bullet Briefs? Make sure to send them over to www.morningbullets.com to subscribe.

Your biggest fan,

Fredrick Frost

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Your daily source for trading strategies, tech news, and politically incorrect humor.

Hey there, Bullets Fans –

Your Morning Bullets Brief Updates are here! And that means trivia is, too.

This time, we’re going to use a more “open-ended” trivia question.

Aside from spending coins as currency, can you think of six other ways that we put our coins to work?

1.

2.

3.

4.

5.

6.

Think you’ve got it all figured out? You can check it in the closing area down below!

10 things that could impact the global economy next year

Image Source: Unsplash.com

2020 is a crazy year that really started in late 2019 – we just didn’t know it yet.

So, it wouldn’t be all that crazy if it extends beyond December 31, 2020 and into 2021.

And I’m not the only one who feels that way.

In fact, experts have identified 10 “black swan” events that could unfold in 2021 and impact not just our economy, but the global economy.

Here are the biggest outliers they’re watching for…

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Image Source: YouTube

It’s no wonder an increasing portion of America feels like they’ll never live to see retirement.

Last December, the SECURE Act was signed into law. In it, there was a provision that pushed up the age for mandatory retirement plan distributions from the age of 70 to the age of 72.

Now, just one year later, a new provision is being pushed (they’re calling it SECURE Act 2.0) that would push distributions out even further – all of the way to 75.

And that isn’t all Congress is looking to do with the provision.

If they have it their way, it’ll be gone completely.

Here’s what you need to know about this move and what’s inside the bill.

More News Worth Checking Out From:

Thanks for reading once again! And don’t worry, I didn’t forget:

Here’s where you can go to check your answer (you’ll want to scroll down to the headline reading “Throwing Money Around – Other Uses for Coins.”

Know someone who should be getting these Bullet Briefs? Make sure to send them over to www.morningbullets.com to subscribe.

Your biggest fan,

Fredrick Frost

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