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Your Morning Bullets Brief Updates are here! And that means trivia is, too.
What are the four most dangerous words in investing, according to Sir John Templeton?
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Stock futures were relatively flat on Wednesday morning, as investors anticipate the minutes from the Federal Reserve’s March meeting on monetary policy.
And the CEO of JPMorgan Chase, Jamie Dimon, released his annual shareholder letter this morning, painting a rosy outlook for the U.S. economy going forward.
Also, just before the Archegos Capital story went public toward the end of March, Morgan Stanley sold approximately $5 billion worth of shares, leaving some clients feeling betrayed.
And Jeff Bezos says he is in favor of increasing the corporate tax rate to fund new infrastructure, though he did not share whether he supported President Joe Biden’s specific plans for the money. This opinion is important in part because Amazon has already come under fire over its tax record. Biden previously said that the company “should start paying their taxes.”
And, in his race to administer 200 million doses of the vaccine by his 100th day in office, Biden is imploring states to make the shots available to all adults by April 19, a date that comes two weeks earlier than his initial goal.
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This investing legend is letting you in on his next top pick
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The latest poll from the Associate Press and the NORC Center for Public Affairs Research shows that most Americans disapprove of President Joe Biden’s handling of the crisis at the southern border. According to that survey, 55% of respondents disapprove of how he is dealing with border security, and 56% disapprove of his immigration policies in general.
According to the former acting Secretary of Department of Homeland Security Chad Wolf, the 100,000 illegal crossings in February made for “the highest February that we had seen in 20 years.”
In March, 30,000 illegal immigrants avoided capture at the border, while over 150,000 were apprehended.
Last week alone, more than 4,100 immigrants were taken to a border facility that has a capacity of 250 people.
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