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.
Can you guess who said this?
“Spend each day trying to be a little wiser than you were when you woke up.”
Think you know the answer? You can check it in the closing area down below!
Image Source: Morning Bullets
After Federal Reserve Chairman Jerome Powell reassured investors that there wouldn’t be higher interest rates anytime soon, stocks surged, with the Dow Jones Industrial Average closing above 33,000 for the first time. However this morning, the 10-year Treasury yield jumped again, this time to a high not seen in well over a year. This morning, it soared to 1.74%. And futures tied to the Nasdaq and the S&P 500 fell as a result.
The central bank also predicts that the unemployment rate in this country will drop to 4.5% this year from its 6.2% level last month. And economists expect that there will be 700,000 new claims for unemployment benefits in the Labor Department’s latest look at jobless claims, released this morning.
And in Washington today, lawmakers will be looking at two different immigration bills, as the crisis at the U.S.- Mexico border looms in the background.
Other News That Matters To You:
You don’t want to miss the huge gains this could have
Image Source: Reuters
If you become sick with the virus, you likely won’t get it again for a minimum of six months, but this isn’t necessarily the case among older adults, a recent study shows.
For those people younger than 65, having the virus protected them from another infection 80% of the time. However that number drops down to 47% among those who are 65 and older.
“Our study confirms what a number of others appeared to suggest: reinfection with [the virus] is rare in younger, healthy people, but the elderly are at greater risk of catching it again,” said Dr. Steen Ethelbert. “Since older people are also more likely to experience severe disease symptoms, and sadly die, our findings make clear how important it is to implement policies to protect the elderly during the pandemic.”
More Headline You Need To Read: