Dems Embrace Biden Plan for $200 Billion Subsidy to Electric Vehicle Market in Infrastructure Bill

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Colorado Democratic Sen. Michael Bennet applauded President Joe Biden’s proposal to spend nearly $200 billion to prop up the electric vehicle market as part of his $2.25 trillion American Jobs Plan. “I view this as our best opportunity in decades to make the long-term investments we have put off for years,” Bennet said on a … Read more

Newest Meme Stocks Extend Gains With No Sign of Craze Fading… Exorbitant NFT prices mirror modern art?

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Newest Meme Stocks Extend Gains With No Sign of Craze Fading (Bloomberg) — Another batch of names has been added to the meme-stock frenzy as retail traders latched on to their latest favorites Wednesday. Prison operator GEO Group Inc. soared 38% and Clean Energy Fuels Corp. jumped 32%, supplanting names like ContextLogic Inc. and Clover … Read more

HEY, THEY ONLY CENSOR PEOPLE THEY DISAGREE WITH:

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Amazon Defends Sale of Anti-Cop Merchandise: Tech giant sells products featuring ‘Blue Lives Murder’ slogan.. “We do not endorse the content of any particular book, video, or product.” Actually, once you started banning stuff you disagree with, it became an implied endorsement of anything you don’t ban. h/t Glenn

180,000 Illegal Arrested at the Border in May – 674% Increase Over Last Year

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https://www.foxnews.com/politics/migrant-encounters-may-border-crisis-continues-cbp-data-show More than 180,000 migrants were encountered attempting to get into the U.S. via the southern border in May alone, Customs and Border Protection (CBP) announced Wednesday — the latest sign of a continued and unrelenting crisis at the southern border. CBP said that 180,034 migrants were encountered along the border, an increase over the … Read more

Audience Member Calls Out Bloomberg For Pushing Gun Control While Using Armed Guards: Does Your Life Matter More Than Mine?

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An audience member called out former New York City Mayor Mike Bloomberg for “pushing for more gun control” when he has “an armed security detail.” “How do you justify pushing for more gun control when you have an armed security detail that’s likely equipped with the same firearms and magazines that you seek to ban … Read more

$CLOV huge 1.7 million dollar calls before news

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by Unusual-Whales Right now, Upward Health Announces contract with Clover Health to serve patients In four states under new direct contracting initiative. Did someone know? Looks like it. There was a huge 1.7 million dollar $CLOV call just before close yesterday. Great news regardless!   Disclaimer: This information is only for educational purposes. Do not make any investment … Read more

QUICKEST RISE SINCE THE GREAT DEPRESSION: May CPI higher than consensus estimates at +5% y/y (+0.6% m/m) vs. +4.7% est. CORE CPI 3.8% ROSE TO THE HIGHEST LEVEL SINCE 1992

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May CPI higher than consensus estimates at +5% y/y (+0.6% m/m) vs. +4.7% est. & +4.2% in prior month; core +3.8% y/y (+0.7% m/m) vs. +3.5% est. & +3% in prior month … headline at highest since August 2008 & core highest since May 1992 pic.twitter.com/SM7ExrsJR0 — Liz Ann Sonders (@LizAnnSonders) June 10, 2021 Inflation … Read more

FACEBOOK plans first smartwatch — 2 cameras, heart monitor

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Facebook is taking a novel approach to its first smartwatch, which the company hasn’t confirmed publicly but currently plans to debut next summer. The device will feature a display with two cameras that can be detached from the wrist for taking pictures and videos that can be shared across Facebook’s suite of apps, including Instagram, The Verge has … Read more

WATCH Kayleigh McEnany Go SCORCHED EARTH on ‘Media Favorite’ Jen Psaki

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https://www.youtube.com/watch?v=7258J6MJSq8 Hank Berrein from The Daily Wire reports, Appearing on Fox News’ “Outnumbered,” former White House Press Secretary Kayleigh McEnany, discussed the report that famed photographer Annie Leibowitz, who had already taken photos for gushing profiles of Vice President Kamala Harris and former First Lady Michelle Obama, had gone to the White House to photograph … Read more

Meme Stocks Retreat

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from Daily Market Wisdom with Nick Santiago For more than 20 years, Master Trader Nick Santiago has been beating the markets. He’s made some incredible calls along the way and now he’s looking to spread the word. There’s no reason that the average trader should be coming up short. So now we’ve started a daily show to bring … Read more

The War Over Genetic Privacy Is Just Beginning

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by John W. Whitehead “When you upload your DNA, you’re potentially becoming a genetic informant on the rest of your family.”— Law professor Elizabeth Joh “Guilt by association” has taken on new connotations in the technological age. All of those fascinating, genealogical searches that allow you to trace your family tree by way of a DNA … Read more

The Reaping! Fed’s Overnight Reverse Repo Hit New Record High Of $497.4 Billion (Fed Funds Effective Rate Only 6 Basis Points) 10Y Treasury Auction Sees High Yield Drop Below 1.5%

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by confoundedinterest17 This reminds me of the film “The Reaping.” The Fed’s overnight reverse repo facility hit a new record high on Tuesday, rising to an all-time high of $497.4 billion. The New York Fed conducts overnight reverse repo operations each day as a means to help keep the federal funds rate in the target range set … Read more