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Hey there, Bullets Fans –
Your Morning Bullets Brief Updates are here! And that means trivia is, too.
“If you can’t understand the balance sheet, you probably shouldn’t own it.”
Hint: He was born on this day in 1944.
Think you know the answer? You can check it in the closing area down below!
Image Source: Morning Bullets
Stock futures were on the up and up this morning ahead of President-elect Joe Biden’s inauguration tomorrow. Futures tied to the Dow Jones Industrial Average had increased almost 200 points.
This morning investors are digesting earnings reports from Bank of America and Goldman Sachs, and those banks saw their shares decrease 1% and rise 2% respectively
Today Janet Yellen, who Biden picked to be Treasury secretary, will have her confirmation hearing.
And tonight, the inauguration committee is holding a memorial to honor those people who have lost their lives to the virus. So far, almost 400,000 Americans have died.
After Biden’s inauguration tomorrow, he is expected to hit the ground running, with 10 days of executive action to combat the virus, the economic crisis, racial injustice, and climate change.
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This is looking like the #1 stock pick of 2021
Image Source: CNBC
Can college ever really be free? President-elect Joe Biden sure does think so, and he’s pushing a plan that would allow students to attend a community college for two years without paying a dime.
He also wants to provide free tuition for any student whose family makes less than $125,000 a year, and he has floated the idea that he’d deduct $10,000 from the balance sheet on any existing student loans.
“I feel quite confident that ultimately this program will pay for itself,” said one researcher. “It will raise incomes and also raise underlying productivity which would [in turn] raise incomes and corporate profit.”
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