Trump FDA Move
Clinches 2020 Victory
Trump’s shocking FDA move could free Americans from Big Pharma’s death grip, kicking off a new era of natural medicine...
However you feel about the president, once you see the full details on
this story… I think you’ll agree: Trump’s single move is about to kick
off a health revolution that marks the end of disease... and practically
ensures a 2020 Trump electoral victory. In this fast-paced presentation
I’ll share with you full details on the FDA ban, and exactly what Trump
just did to end it… including the most potent cures now being
unleashed… the groundbreaking science behind them… and real stories of
Americans they’re saving.
You can also read the transcripHowever
you feel about the president, once you see the full details on this
story…
I think you’ll agree: Trump’s single move is about to kick off a
health revolution that marks the end of disease... and practically
ensures a 2020 Trump electoral victory. In this fast-paced presentation
I’ll share with you full den the FDA ban, and exactly what Trump
just did to end it… including the most potent cures now being unleashed…
the groundbreaking science behind them… and ries of Americans
they’re sou can also re
Liberals are calling Trump’s most recent law and order stance “bluster.”
And the media continues to declare he’s on his way out with little chance of re-election.
But it’s Trump’s tough approach that could guarantee he stays in office.
You see, our president has a surprise in store for America that none of them saw coming.
And it could save your life.
Click below to see the hardline tactic that could make America’s health great again.
To Your Good Health,
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Durian odor forces German post office to evacuate, report says
June 24, 2020 Read in Browser TOGETHER WITHGood morning. Any Mr. Wonderful fans in the house? Today, Kevin O’Leary and Connor O’Brien will be sitting down with Business Casual host Kinsey Grant to answer all your questions on investing, ETFs, and more. Contrary to popular belief, you don't need an O' in your name to attend.The details: 1pm ET, your computer. Register here.MARKETS
NASDAQ10,131.37+ 0.74%S&P3,131.29+ 0.43%DJIA26,156.10+ 0.50%GOLD1,785.10+ 1.06%10-YR0.722%+ 1.60 bpsOIL40.22- 1.25%*As of market close- Trade: White House economic adviser Larry Kudlow dismissed the idea that the U.S.-China trade deal was on the rocks, saying China “actually picked up their game.” On Monday, WH trader adviser Peter Navarro spooked markets when he said the trade deal was “over,” before walking back those comments.
- Markets: The Nasdaq hit another record high as stocks sped higher. We'll look into the Nasdaq's outsized performance later in the newsletter.
PUBLIC HEALTH
There Can’t Be a Second Wave When the First Isn’t Over
Francis ScialabbaDr. Anthony Fauci (remember him?) said yesterday the U.S. was experiencing a “disturbing surge” in new coronavirus cases as business lockdowns ease and chin masks replace face masks as the summer’s hottest look.Fauci and other top health officials were testifying before a House committee, where they reminded lawmakers that COVID-19 remains “the greatest public health crisis our nation and world have confronted in a century.”The latest
According to a CNBC tracker of Johns Hopkins data, cases are growing by at least 5% in 26 states across the U.S., particularly in the Sun Belt. Morgan Stanley’s projections show that at the current rate of transmission, the epidemic has a doubling time of 52 days.President Trump has attributed the rise in cases to increased testing. At Saturday’s rally in Tulsa, OK, Trump even said he told his staff to slow the rate of testing to keep the numbers down.- Aides later said he was joking, but yesterday Trump told reporters, “I don’t kid.”
Kidding or not, more testing doesn’t fully capture the surge in new cases. FL Gov. Ron DeSantis, who was one of the first to relax business restrictions, said on Saturday that testing cannot explain the increase in cases in his state, stressing that bars needed to enforce social distancing restrictions.What now?
A few states, like Maine and Louisiana, are putting some reopening plans on hold. And though the MLB finally said it would move forward with an abbreviated season, team training facilities in Arizona and Florida have been closed after cases were reported at some locations.- Disney World is still planning on opening next month, while the NBA is prepping for a restart in Orlando in late July.
Bottom line: State and local officials have said that reinstituting business lockdowns remains the option of last resort—but they’ll do it if necessary.bfishadow on Flickr, NASDAQ stock market display, CC BY 2.0Once thick as thieves, the U.S.’ major stock indexes are forging their own paths, the WSJ reports. The Nasdaq is up almost 13% for the year, while the S&P 500 is down ~3% and the Dow is downer 8.4%.- The Nasdaq is the furthest it’s been from the other two Musketeers since 1983. The gap between the S&P and the Dow is the widest it’s been since 2002.
Why’d they grow so distant? Part of the reason is that tech stocks are gangbusters, while many others are busted. The Nasdaq is much more weighted toward those surging tech stocks than the other two, which allowed it to catapult ahead. The infamous FAMGA group of tech giants account for about 40% of the Nasdaq, but only the AM part (Apple and Microsoft) appear in the Dow.+ The more you know: Most market watchers view the S&P as the broadest and therefore worthiest indicator. It comprises roughly 80% of the available market cap of U.S. stocks.REGULATION
Wirecard Baffled BaFin
"WebSummit 2019" (CC BY 2.0) by Web SummitWirecard’s meltdown is oozing from the company itself to Germany’s financial referees—particularly BaFin, the country’s top financial regulator.Roll the tape: Wirecard, a once-promising German fintech star, imploded over the past week after an auditor said it couldn’t seem to find about $2.1 billion that Wirecard claimed to have. It’s now considering undergoing a complete restructuring.- The latest update: Munich prosecutors have detained former CEO Markus Braun on suspicions of cooking the books.
Now, some are slinging arrows at BaFin for failing to stop the suspected chicanery. Critics point to a period last year when BaFin temporarily banned shorting Wirecard stock (a popular activity), which the regulator had never done to a specific company before.BaFin head Felix Hufeld responded Monday that 1) it had to pause shorts after allegations of insider trading at Wirecard emerged and 2) as a tech company, Wirecard wasn’t BaFin’s problem.Bottom line: Economy Minister Peter Altmaier said he’s worried about Germany’s reputation as a financial Übermensch.SPONSORED BY POLICYGENIUS
Forget Your Keys? Glasses? Home Insurance?
If you’re one of those people who’s spent a significant portion of your waking life looking for a pair of glasses that are, in fact, on your face, it’s likely you set up your home insurance policy and forgot about it.Policygenius helps you re-shop your home insurance policy, meaning you could find unexpected savings.They make the process super simple. You answer a few questions about yourself and your property, then their experts—dare we say, geniuses—compare your policy situation to that of the other top companies. If a better price is out there, they’ll do the work to get you switched, for free.All told, you could pocket serious savings with Policygenius in less time than it takes to find those missing keys—which, coincidentally, are also in your pocket.Let Policygenius help you save money on your home insurance policy. Try it here.ENVIRONMENT
Amazon Is Ready to Spend
When Microsoft pledges $1 billion to fund climate innovation, Jeff Bezos has one option: double it.Yesterday, Amazon announced a $2 billion venture fund to invest in clean tech that helps fight climate change. The company will spread investments across industries, from transportation and logistics to food and agriculture.- Tip for aspirants: Bezos hates PowerPoints.
The backstory: After employees put the pressure on senior leadership last year, Amazon cofounded “The Climate Pledge” and set ambitious goals to be carbon neutral by 2040 and use 100% renewables by 2025.- Bezos is also putting his “world’s richest man”-sized wallet to use with the $10 billion Bezos Earth Fund he announced in February.
The messaging could use some work
Because when you deliver about 10 billion items a year...your carbon footprint is about the size of Finland.Amazon’s CO2 emissions increased 15% in 2019 to nearly 51.2 million metric tons, the company revealed yesterday. However, Amazon’s benchmark for success, carbon intensity (emissions per dollar of sales), fell 5%.Bottom line: Amazon has a long way to go to hit its ambitious climate goals.MOBILITY
Somehow This Didn't Catch On
GiphyIf your product’s signature user wears cargo shorts and matching family vacation tees, you might be missing the “it factor." After 20 years of trying to prove otherwise, Segway is finally calling it quits this July, Fast Company reports.Cue the highlight reel: When it launched, the two-wheeled scootin’ device was supposed to disrupt urban transport like the car did horse-drawn buggies. Steve Jobs said it was the biggest product since the PC.But at $5,000, no one bit. Inventor Dean Kamen expected up to 100,000 unit sales its first 13 months, but the Segway only sold about 140,000 in its history.- And Segways don't come with training wheels. Some cities banned Segways for easily spinning out of control and crashing.
Kamen sold Segway in 2009 to investor Jim Heselden, who tragically died months later after driving his Segway off a cliff. It was sold again, then again to Chinese mobility company Ninebot.Segway may be done, but its legacy of angering commuters lives on. Segway’s core IP is central to Ninebot’s dominant e-scooter business.WHAT ELSE IS BREWING
- The EU may block American visitors when it relaxes border controls on July 1 because of the coronavirus threat they present.
- Etsy stock hit an all-time high thanks in part to face mask sales. Shares have more than tripled in just over three months; learn more about the mask economy here.
- Dell is considering spinning off its ~$50 billion stake in VMware, the WSJ reports.
- TaskRabbit's CEO, Stacy Brown-Philpot, is stepping down. She's one of the few Black chief executives in Silicon Valley.
- Twitter put a warning notice on a tweet from President Trump that threatened "serious force" against protesters. The company will also give its employees the day off on Election Day.
BREW'S BETS
21 months without interest. That’s very interesting. This balance transfer card has a 0% intro APR for balance transfers well into 2021. Even more interesting: That could add up to saving $2,225 in interest charges. Apply now.*The new future of work won’t be the same old grind. WeWork has the ideas, strategies, and solutions to help you flex your workspace while ensuring the well-being of your teams and business. Start re-thinking your workspace strategy here.*Planning a wedding during COVID? Probably didn't work out like you expected. As the summer heats up, we explored the pandemic's wide-ranging consequences for the wedding industry. Read it here.Screentime challenge: The internet rascal MSCHF wants to know how long you can hold your finger down on your phone screen. The winner could take home up to $25k.*This is sponsored advertising contentACRONYM TRIVIA
The business world is full of acronyms, but initial looks can be deceiving. We’ll give you a few terms...you have to determine whether they are acronyms or not. If they are, extra credit for knowing what each letter stands for. If they’re not acronyms, extra credit for making one up.Here we go.1. Siri
2. CAPTCHA
3. Aflac
4. TJX
5. The FedSHARE THE BREW
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Hit the button below to learn more and access your rewards hub.Click to Share
ACRONYM TRIVIA ANSWERS
1. Siri isn't an acronym
2. CAPTCHA is: Completely Automated Public Turing test to tell Computers and Humans Apart
3. Aflac is: American Family Life Assurance Company
4. TJX isn't
5. The Fed isn't
June 24 FEATURED BIOGRAPHY Jack Dempsey READ MORE FEATURED EVENT 1812 Russia invaded by Napoleon and his Grand Army READ MORE IN GOD WE TRUST MORE EVENTS ON THIS DAY 2010: Australian politician Julia Gillard was sworn in as Australia's first female prime minister. [Sort fact from fiction in our quiz about Australia.] 1987: Football (soccer) player Lionel Messi, one of the game's premier players, was born in Argentina. [ Take our quiz about all things football.] 1948: The Berlin blockade intensified when the Soviet Union announced that the Western Allied powers no longer had any rights in Berlin . 1932: The Promoters Revolution, a bloodless coup, overthrew Prajadhipok, the king of Thailand, ending the absolute monarchy in that country and initiating the so-called Constitutional Era. [ Sort fact from fiction in our quiz about Thailand.] 1859: The Battle of Solferino, the last engagement of the second War of Italian Independence, was fought in Lombardy. [Match the battle with the war in our quiz.] 1821: South American patriots under Simón Bolívar defeated Spanish royalists on the plains near Caracas, Venezuela, in the Battle of Carabobo. [Test your knowledge of Latin American history.] SEE ALL EVENTS ON THIS DAY ALSO BORN ON THIS DAY 1987 Lionel Messi
Argentine-born football player1979 Mindy Kaling
American actress, comedian, and author1895 Jack Dempsey
American boxer1842 Ambrose Bierce
American author1532 Robert Dudley, earl of Leicester
English noble1542 St. John of the Cross
Spanish mysticSEE ALL BIOS ON THIS DAY
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