S&P 3000 and Fed is ready to help Jul 11, 2019 View in Browser Your daily source for trading strategies, tech news, and politically incorrect humor. Dear eMBers, Your morning bullets are here.
Your daily source for trading strategies, tech news, and politically incorrect humor.
Your morning bullets are here. Let’s dig in.
INVESTOR INSIGHTS – Jerome Powell
Markets surge after Jerome Powell speaks.
The Federal Reserve is preparing to cut interest rates…
And it will be the first time in a decade due to slowing global economy.
Powell said “manufacturing, trade and investment are weak all around the world”.
He added that June’s jobs report was stronger than expected which is great news. However, it is not enough to tilt the balance.
The S&P 500 is getting overbought. And we are setting up for a pullback.
Jerome Powell Flags Rate Cut as Global Chill Outweighs Good U.S. News
YOUR SILICON VALLEY (LIBERAL) OVERLORDS
Alphabet’s Waymo autonomous driving company announced a new milestone…
10 billion miles driving in simulation!
This is significant.
Because all those simulated miles add up to a considerable training experience.
Read more here
TRUMP DERANGEMENT SYNDROME
The controversial British Ambassador to the U.S. resigned.
Because of his remarks about President Trump and his administration.
He called it “dysfunctional”, “clumsy”, and “incompetent” in a series of confidential briefing notes.
President Trump fired back and said:
“The wacky Ambassador that the U.K. foisted upon the United States is not someone we are thrilled with, a very stupid guy.”
Clearly the ambassador does not understand the basic rules:
You don’t tug on Superman’s cape,
You don’t spit into the wind,
You don’t pull the mask off of old Lone Ranger,
And you don’t mess with President Trump.
Lawsuit accusing President Trump of profiting from his business interest was dismissed.
The Fourth Circuit Court of Appeals found the District of Columbia and Maryland lacked standing to pursue it.
The decision is the second such emoluments case rejected by a federal court, according to Bloomberg.
A third lawsuit, brought by Congressional Democrats, is still pending.
President Trump was pleased…
CRAZY-INTERESTING OR RIDICULOUSLY-WEIRD
ADDITIONAL READING AND RESOURCES (ARR)
I can’t get into all the news and interesting information out there in this one email, so what you’ll find here are articles, presentations, and resources I’m digging into and believe you should as well.
Former Speaker of the House Newt Gingrich just agreed to join biotech investment expert Marc Lichtenfeld for the landmark 2019 American Health & Wealth Summit, happening July 18 at 1 p.m. ET.
At the event, they will discuss a new medical breakthrough set to cure 4,000 deadly diseases.
Not only that, Marc’s going to talk about the five companies ready to dominate this new market… and potentially deliver 1,000% gains in the year ahead.
Registration is FREE. Just click here to reserve your spot today.
Your biggest fan,
P.S. We’d love your opinion.
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