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Daily Scoop 7-7

Daily Scoop 7-7

👋 Your Wednesday Scoops - Revolts at Amazon

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Today's Scoop:Reinforced

Big Picture:

1) Inflation has been a problem, but policymakers still think it's only short-term.

2) Big companies like Amazon are facing pushback on worker conditions.

3) Major automakers continue to transition their focus to electric vehicles.

The Market:

⬆️

+0.3%

S&P 500: 4,358.13

1Mo:

+3%

| 1Yr:

+37%

| 5Yr:

+105%

Investors were allowed to read the secret minutes for the Federal Reserve's last meeting today and found nothing particularly scandalous. Inflation is definitely a problem right now, but the Fed thinks it's going away. That means the stimulus should continue for the time being.

Company Scoops ❤🌎💰

(Click to dig in & vote your reaction, see how others feel)

Amazon

delivery trucks revolt

Volkswagen

means business on electric

Google's

losing Black women

Toyota

rises to number 1

Airbnb's

been on party patrol

🤓 Inside Scoop...

The Federal Reserve controls the money system. Their job is to stimulate the economy when things are slow and restrict it when things run a little too fast. They pump money into the system or pull it out of the system, depending on their outlook for the economy.