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Hey there, Bullets Fans –
Your Morning Bullets Brief Updates are here! And that means trivia is, too.
As it turns out, not a whole heck of a lot happened financially on April 29th – pretty much ever. So, today, we’re going to take our trivia in a different direction. Do you know how many individual bills of currency (regardless of the US denomination) that it takes to equal one pound weight?
Think you know the answer? You can check it in the closing area down below!
Image Source: NYSE
Despite all of Joe Biden’s doom and gloom and taxes and regulations, Wall Street is poised to open higher in today’s trading. In fact, Nasdaq futures are looking especially robust. Those very impressive earnings from Apple and Facebook certainly helped.
Three Dow stocks (McDonald’s, Merck, and Caterpillar) all reported earning before this morning’s bell.
The government will also unveil an initial look at the first-quarter GDP and the weekly look at jobless claims this morning.
These new data points follow one day after the Fed decided to help interest rates near zero and to continue their asset purchases. In the meantime, central bankers are offering their reassurances that they will keep monetary policy steady for a while, even in light of a strengthening economy and increased inflation.
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Chris Rowe is making millionaires, and with this prediction, you could be next
Image Source: CNN
After taking practically forever to do it, President Joe Biden finally stood up to address a joint session of Congress.
And everything that came out of his mouth was pretty terrifying. He lauded new crippling taxes, regulations that will strangle businesses, and exciting new ways that Democrats can steal elections into perpetuity.
Pretty much everything we expected…
During the evening, he went over a Democrat pork-packed wish list that he and his party will never pass on their own. So, instead, they decided to wrap up all of these disparate measures into one massive so-called infrastructure bill.
But despite the optimism shed by Biden, Harris, and Pelosi while on camera, this bill faces a very tough road – even in the House. There, Dems can only lose two votes and still hope to pass the bill without GOP support.
And that means extremists like AOC as well as more moderate “centrists” in pivotal swing districts will be extremely powerful.
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