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Hey there, Bullets Fans –
Your Morning Bullets Brief Updates are here! And that means trivia is, too.
How many pages did Warren Buffett read each day, back when he was a beginning investor?
Bonus points if you can name one of his favorite books of all time.
Think you know the answer? You can check it in the closing area down below!
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Stock futures indicated a positive day of trading ahead, after all three major benchmarks saw their best performances since November last week. The mania around the highly-shorted GameStop stock appeared to unwind last week as well, with shares plummeting 70%.
Meanwhile, Tesla announced that the company invested $1.5 billion in bitcoin.
“We expect to begin accepting bitcoin as a form of payment for our products in the near future, subject to applicable laws and initially on a limited basis, which we may or may not liquidate upon receipt,” officials said.
And Treasury Secretary Janet Yellen has said that if Congress passes Biden’s gargantuan stimulus, the country could be fully employed again by next year.
Also this week, former President Donald Trump’s impeachment trial is slated to begin, though it appears “very unlikely” that a conviction will result.
In South Africa, the AstraZeneca vaccine has been tabled for now, as it doesn’t appear to be effective on the predominant strain there.
Other News That Matters To You:
There is something very weird happening right now
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The virus has already claimed the lives of over 460,000 Americans. Almost 27 million people in this country have had it at this point. We are obviously ready to put this behind us, and many had hoped that, by the summer months, it would be.
But President Joe Biden suggested it could be a while longer before we achieve herd immunity.
“The idea that this can be done and we can get to herd immunity much before the end of this summer is very difficult,” he said yesterday in an interview.
According to Dr. Anthony Fauci, at least 75% of the people in this country would need to be inoculated for us to reach that milestone in the fight against the pandemic. He doesn’t believe we’ll get there until fall.
The president had previously committed to vaccinating 100 million people during his first 100 days in office, and he recently said he would like to aim for 1.5 million shots a day.
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