Wednesday, July 3, 2024

🎆 Your Midweek Bulletin - July 3, 2024

New to the Digest? Click here.

Manward Digest
 

Boom Times for an Explosive Industry

Alex Moschina

Alex Moschina
Publisher

The Fourth of July is almost here.

Tomorrow, markets will be closed to celebrate America's independence.

Trading of stocks and bonds halted early today... presumably to allow Wall Streeters enough time to beat the traffic out to the Hamptons.

And yet, here we are, toiling away in our office in Baltimore.

It isn't all bad, though.

[Yours Free! Top FIVE Dividend Stocks Right Now]

When the tickers stop ticking, there's more time to satisfy our other curiosities.

There's some interesting data tucked away in the various nooks and crannies of the web.

Case in point...

Did you know that the American Pyrotechnics Association (APA) has kept a record of fireworks-related injury statistics going all the way back to 1976?

Each year, the group provides a handy figure that measures the number of firework-related injuries versus the amount of fireworks purchased in the U.S.

It's recorded as "Injuries per 100,000 Pounds."

To be clear, that's per 100,000 pounds of fireworks consumed, as reported by the U.S. International Trade Commission. (So, no, it doesn't include any of the illicit munitions that the nation's dads got from that sketchy guy at work.)

SPONSORED

Claim Your FREE AI Income Playbook
(Seriously, put your wallet away!)

AI Income Playbooks
 

CLICK HERE

 

In case you were wondering, fireworks have indeed gotten safer over the years. Much safer, as the chart below shows.

Firework-Related Injuries

View larger image

But more to the point of this publication...

During the past two decades, the business of fireworks has... well... exploded.

Between 2002 and 2022, our annual firework consumption more than doubled from 190.1 million pounds to 461.7 million pounds.

In 2022, that added up to a whopping $2.7 billion in sales for firework manufacturers.

That means that - for now, at least - fireworks are a bigger business than OpenAI.

And even with inflation still raging, the APA predicts 2024 will be yet another banner year for firework sales.

SPONSORED

Yours Free! Top FIVE Dividend Stocks Right Now

Marc Lichtenfeld - income expert and author of Get Rich with Dividends - is giving away his Ultimate Dividend Package... completely free of charge!

You'll discover...

  • An "A"-rated, ultra-safe dividend stock with a huge 8% yield
  • Three of Marc's favorite "Extreme Dividend" stocks, which could supercharge your income
  • And finally, Marc's No. 1 dividend stock for a LIFETIME of income.

Click here to get the names and ticker symbols now... before the download link expires.

**NO CREDIT CARD REQUIRED!**

 

There's something reassuring about that, no? Especially in the wake of last week's big debate.

Yes, our politics may divide us...

And rising prices may dispirit us...

But nothing can dampen our shared American enthusiasm for blowing stuff up.

Have a great (and safe) holiday,

Alex

What Else We're Talking About

 

All Is Not Quiet on Wall Street

American Flag - Wall St

It's been a quiet holiday week on Wall Street... but investors need to watch out. Here's why...

The Most Obvious Catalyst for a Bitcoin Rally

Money

Crypto investors got nervous after Bitcoin recently dropped 8% in one day. But there's a big reason Bitcoin is set to resume its rally. Keep reading...

Buy This, Not That: Summer Sizzlers and Vacation Busts

Traffic jam

As summer travel kicks into high gear, here are six travel and leisure stocks that should be either added to your bucket list... or be given one-star reviews. Get the tickers here.


Want more content like this?

YES
NO
 

Alex Moschina

Alex Moschina is the Publisher of Manward Press. A gifted writer, editor and financial researcher, Alex's career in publishing began more than a decade ago when he worked at one of the world's leading providers of academic research and reference materials. Alex first cut his teeth in the realm of investing when he joined the team at White Cap Research in 2010. There he was charged with covering emerging market trends and investment opportunities. A stint as senior managing editor and editorial director at the prestigious Oxford Club followed. A frequent speaker at conferences and events, Alex has led educational workshops across the U.S. and Canada.

 

No comments:

Post a Comment

26 fall fashion must-haves we're wearing this season

Lili Reinhart Gets Candid On Rejection, Acne & Her New Skincare Brand VIEW IN BROWSER ...