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- Daily Scoop 6-7
Daily Scoop 6-7
👋 Your Monday Scoops
Today's Scoop: Lukewarm
Big Picture
1) The unemployment rate fell in May.2) Major corporations continue to re-evaluate political donations.3) G7 nations are joining forces to raise taxes on global corporations.
The Market: ⬇️-0.1%
S&P 500: 4,226.52
1Mo: +1% | 1Yr: +31% | 5Yr:+102%
Markets don't know where to go, floating around near all-time highs. The jobs report on Friday showed a decline in unemployment, but it was not as strong as expected. Investors aren't sure if they should be worried about inflation from too fast of a recovery or a slowdown in growth.
Company Scoops (Click to read & vote your opinion)
Amazon's connecting everythingUnited's requiring vaccinationsJPMorgan cuts off some RepublicansMcD's hires robotsLinkedIn steps up inclusion resources
CLICK THE LINK BELOW TO... * Read these headlines ** Evaluate their impact ** See how others feel *
🤓 Inside Scoop...
Inflation is one of the key metrics investors and economists watch to make sure the economy isn't overheating. If there's too much lending and spending for the given available resources, the Federal Reserve (aka Central Bank) has to step in to slow down the flow of money. No one wants prices to rise too quickly.
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