BREAKING NEWS BRIEF
North Dakota man faces daily fines over his American flag
A North Dakota man is receiving threatening letters from his condo association over complaints that his American flag makes too much noise on windy days. The homeowner, Andrew Almer, says that having an American flag in the yard is just an American thing. He now faces fines of $200 a day that he leaves the flag up.
Almer said he has lived in the condo for about five years. He has been flying the flag for almost two years- since he purchased the condo. “I don’t really take it down,” he said. “It’s been lit up every night, and it’s an all-weather flag, so you follow the guidelines, and it’s been up for two years straight, almost.”
Almer has been receiving letters since January. Almer suspects that the real issue is a “personal vendetta.” The condo association president lives in the unit above Almer. Even with the threat of fines, Almer said he has no plans to take the flag down.
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MORNING MARKET UPDATE
This is your market update for the day
Futures tied to each of the major indexes reflected gains this morning after yesterday’s losses. The Dow Jones Industrial Average this morning was poised for a 75-point increase at open, while the S&P 500 futures and Nasdaq 100 futures were also on the up and up.
Yesterday, the Nasdaq Composite shed 3%, while the Dow fell 0.5%, and the S&P 50 slipped 1.5%. At the same time, the 10-year Treasury yield skyrocketed to over 1.7%, a high it hasn’t seen since January of 2020.
Tech stocks lagged on Thursday, highlighting what seems to be a pattern where value stocks soar.
“If you look at the price pattern on a day-to-day basis for the last now seven days, we’ve got a ping-pong match going on,” said Michael Mullaney of Boston Partners. “One day it’s been growth, one day it’s been value. I’m not sure if that’s indicating we’re at some kind of inflection point where growth might get a bounce here.”
What else should you be aware of this morning?
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FITNESS FRIDAY
Helpful tips for returning to the gym post-pandemic
If you took a fitness hiatus over the last year due to the pandemic, and you’re thinking about getting back in the swing of things soon, make sure you do that safely.
Instead of jumping back in full force, you need to make sure you safely ramp up your workout routine if it’s been a while since you’ve exercised regularly. Always make sure you warm up before jumping back on the treadmill, lifting weights, or cycling away on the Peloton. It’s important to stretch, hydrate, and limber up before you jump in head first with your normal pre-pandemic routine.
You’ll also want to take things really slow to begin with. If you were used to doing 20 miles on the Peloton pre-pandemic, dial it back to half of that or more. If you ran 6 miles on the treadmill, cut that number in at least half. Work your way back up slowly to your pre-pandemic normal and make sure you listen to your body along the way. When it’s saying it’s done, throw in the towel for the day before you hurt yourself. What are some other helpful tips for safely returning to the gym and regular exercise routines?
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PARENTING
Facebook is working on a version of Instagram for kids under 13
Social media has helped to keep some of us sane over the last year, much of which we spent in isolation. Kids understandably suffered from the lack of socialization with their peers.
Facebook wants to help keep kids connected to one another in a safe online environment.
Previously, the company introduced Messenger Kids which allows children to message with contacts approved by their parents first. Now the company is eyeing adding in a children’s version of Instagram.
“Increasingly, kids are asking their parents if they can join apps that help keep them keep up with their friends,” explained Joe Osborne, a Facebook spokesperson. “We’re exploring bringing a parent-controlled experience to Instagram to help kids keep up with their friends, discover new hobbies and interests, and more.”
While this sounds like a worthwhile endeavor, there are a multitude of concerns.
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LEARNING FROM THE PAST
The SS Georgiana, with potential to be the most dangerous ship in the Confederacy’s navy, never lived to see battle. She sank off the coast of South Carolina in an attempt to run the Federal blockade. After she was scuttled by her captain, he and his crew escaped onto shore. The Federals elected to burn the wreckage.
In an eerie coincidence, underwater archaeologist E. Lee Spence discovered the wreckage of the great ship exactly 102 years later. His company was granted the first ever salvage license in the state of South Carolina. There is still more to be gleaned from the ghosts underwater.
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Stay Informed,
Rex Jackson
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