Your daily source for trading strategies, tech news, and politically incorrect humor.
Dear eMBers,
INVESTOR INSIGHTS – Don’t Panic
The S&P 500 is down nearly 200 points in just one week.
Why?
First, President Trump imposed an additional 10% tariffs on $300 billion worth of Chinese products from September 1.
China then devalued its currency. China also said it will suspend all US agricultural product purchases in response to President Trump’s new tariffs.
And last night, US Treasury just designated China as a currency manipulator.
No country has been named a currency manipulator since the Clinton administration slapped the label on China in 1994.
U.S. Treasury said: “As a result of this determination, Secretary Mnuchin will engage with the International Monetary Fund to eliminate the unfair competitive advantage created by China’s latest actions.”
The reality is that Chinese have been trying to game the system for a long time.
And until now, U.S. did not have a leader who would stand up to them.
This is the defining moment of our time. And the relationship between U.S. and China will set the framework for the world economy for the next 25-50 years.
This is history in real time…
YOUR SILICON VALLEY (LIBERAL) OVERLORDS
Dubai is embracing automated technologies.
It will have no human workers, and is expected to open its doors sometime in August in Dubai’s Festival City.
According to the cafe’s statement, robot arms would preform light shows and other forms of entertainment while customers eat their food.
TRUMP DERANGEMENT SYNDROME
Presidential hopeful Beto O’Rouke does not want President Trump to visit El Paso.
He tweeted:
In the wake of these shootings, President Trump has suggested merging immigration reform and background check legislation.
“We cannot let those killed in El Paso, Texas and Dayton, Ohio, die in vain,” the president tweeted. “We can never forget them, and those many who came before them.
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.
The market volatility exploded this week.
That’s great for trading. And for making side income.
The best trader I know is Jeff Clark.
And you should check out his $19 options trading service for beginners.
Your biggest fan,
P.S. We’d love your opinion.
How useful did you find today’s Morning Bullets?
Not useful – It was ok – It was good – Very Useful 14.0% 13.2% 47.3% 25.6%
Note: Percentages are updated once per week on Sundays and include all feedback since inception.
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