Drowning in red ink | Sneaky shrinkflation | Import demand falls off a cliff

Morning Bullets: Morning Brief Updates

Jun 8, 2022 View in Browser If for any reason you believe you received this email in error click here to unsubscribe. Your daily source for trading strategies, tech news, and politically incorrect humor. MARKETS ECONOMIC EARNINGS  ANALYSTS Hey there, Bullets Fans -   Before we get into the morning's top news stories, it's time for a little trivia.   On this day in 793, Vikings in long ships hailing from what is modern-day Norway descended on the island of Lindisfarne (off the northeast coast of England) and captured and killed many monks from this monastery. Do you know the name of the monastery?    Think you know the answer? Check it out at the link, at the end of the newsletter, and let me know if you got it right! Thanks to Joe Biden, our nation is drowning in red ink Video Source: New York Post If you take a look at the statistics above, it's easy to tell how the typical American voter is "grading" Joe Biden on how he's handling the economy.   And the numbers don't look good.    But when you take a look at what the CBO (Congressional Budget Office) has to say about it, it's downright terrifying.    In fact, as I read through the numbers, I could just hear Oscar explaining to Jan on the Bankruptcy episode of The Office, "So due to Michael's clever financial maneuvering, he finds himself tremendously in debt."   So, what does the CBO have to say about the cumulative effects of way too much government spending? Today's edition is brought to you by: Disturbing In-Store Footage Indicates Next Major Banking Crisis Imminent Why are all these random shortages popping up?  And why is everything getting so darn expensive?  That's what we set out to uncover  inside the aisles of this American superstore.   As our chief crisis investigator Dave Forest explains:    "In the coming days — we could go from empty shelves… to empty wallets… and most won't know what hit them."   Inflation is only part of the story. The real threat, Dave says, is the "Crack-Up Boom" coming to America (click here for full details). Other News That Matters To You: Donald Trump endorsed 16 candidates in yesterday's primaries. So, how many of them won? Have the tables turned on woke Hollywood? How is timing a recession different than timing the stock market? It turns out that this isn't the first time the "pillowcase rapist" had struck You can add shrinkflation to our economic woes Image Source: Ramsey Solutions We all know that inflation is a very big problem. We see it at the gas pumps and grocery stores every time we check out.   But shrinkflation is perhaps even more sinister, simply because it's so sneaky.    But what is it?   It's what happens when your favorite box of cereal gets 17% smaller, or your favorite roll of toilet paper has 24% less sheets.    And unless you're paying close attention, you may never even realize it's happening because the same companies that shrink their products DON'T shrink their packaging.    So, which brands are the biggest shrinkflation offenders? More Headlines You Need To Read: Are scientists starting to suspect that monkeypox can be airborne? United States import demand is falling off a cliff Most American hospitals are violating the hospital pricing transparency rule Progressive San Francisco DA recalled by voters in one of nation's most liberal cities Think you know the answer to this morning's trivia question? Check out your answer and let me know if you got it right!   Know someone who should be getting these Bullet Briefs? Make sure to send them over to www.morningbullets.com to subscribe. Your biggest fan,  Fredrick Frost  P.S.  How useful did you find today's Morning Bullets?  Not useful - 25.30% It was ok - 13.83% It was good - 35.71% Very useful - 25.16%     Note: Percentages are updated once per week on Sundays and include all feedback since inception.  If for any reason you believe you received this email in error click here to unsubscribe. Follow Morning Bullets on: ADVERTISE with us!   You are receiving this e-mail because you made a great decision to receive Morning Bullets Daily Newsletter. To ensure you receive our emails, be sure to whitelist us. Follow instructions here.   © 2022 Morning Bullets. All Rights Reserved.   20 North Orange Avenue, Unit 1100 Orlando, Florida 32801   UNSUBSCRIBE | PRIVACY POLICY | TERMS & CONDITIONS | ARCHIVES checking for bots