BREAKING NEWS BRIEF
Senate passage of President Joe Biden’s $1.9 trillion Covid relief bill on Saturday brought the massive legislation one step closer to law. The bill must first go back to the House, which already passed its own version of the bill. The House is scheduled to vote on Tuesday to approve the changes made by the Senate. That vote is expected to succeed on a party line, as it did in the Senate, with a narrow Democratic majority.
After the House passes the Senate version of the bill, it will go back to Biden’s desk. People could start seeing the $1,400 stimulus payments hit their accounts within days of Biden signing the bill.
This time, individuals earning less than $75,000 and couples earning less than $150,000 would receive the full $1,400 payment, plus an additional $1,400 per dependent. But the third round of checks would phase out faster than earlier payments — completely cutting off individuals who earn more than $80,000 a year and married couples earning more than $160,000, regardless of how many children they have.
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THESE 11 COMPANIES COULD SOON LAUNCH INTO THE STRATOSPHERE
If you’re looking for the trends that could make you a millionaire next year, I’ve got the perfect place to start: Electric vehicles.
They were already scorching hot in 2021 – look what happened in just one month of action:
- British EV bus maker CIIC climbed 119%…
- Three-wheel EV pioneer SOLO soared 159%…
- And EV charging-station operator BLNK surged 211%.
Not bad for one November!
But these results are nothing compared to what’s on the horizon…
I’m already looking ahead towards the next generation of EV stocks – 11 companies that could soon launch into the stratosphere…
MORNING MARKET UPDATE
Futures fell this morning, even after news that the Senate-approved virus relief bill is making its way back to the House for the final stamp of approval this week.
Nasdaq 100 futures slipped 1.5%, while the S&P 500 and Dow futures dipped 0.6% and 0.1%, respectively.
The 10-year Treasury yield has continued to climb on stimulus news and optimism tied to an economic recovery. This morning, that benchmark had increased to 1.59%.
“10-year yields finally caught up to other asset markets,” said Mike Wilson of Morgan Stanley. “This is putting pressure on valuations, especially for the most expensive stocks that had reached nosebleed valuations.”
For instance, Tesla saw another 3% of its shares shaved off this morning, while Zoom dropped 2%.
However, stocks that were closely tied to the economy’s reopening did better during pre-market trading. Shares of Disney, for example, rose 2% this morning.
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TO A HEALTHIER YOU
If you’re looking for a natural energy boost, there are 22 foods that can help you with that.
Citrus fruits like limes, oranges, and lemons are great for your energy level. These fruits contain high doses of Hesperidin, which is a bioflavonoid that is known for lowering blood pressure and supporting the vascular system. With all of that support for your heart and brain, your energy level is sure to skyrocket.
Watermelon is another food that helps boost energy. Since it is filled with an amino acid called Citrulline, it is a favorite for boosting athletic performance, lowering blood pressure, and increasing energy. What other foods can help you boost your energy naturally?
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Spring is quickly approaching, and that means it’s almost time to start planting. Interestingly, the ongoing pandemic has created a surge of interest in home gardening.
But there’s more to planting than waiting for spring to show up. First, make sure you’re planting after your region’s last frost date. This is the last average day that your area sees frost. If you grow your garden before that, a late-season cold snap could damage or kill your plants.
You also need to make sure you’ve prepped the soil early enough. Clean the plot where you plan to put your garden and cultivate the ground at least a couple of weeks in advance.
Finally, make sure you’re growing plants that will thrive in your area. Some are better suited for colder climates or less sun exposure than others. Read your seed packets before planting!
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PLANNING FOR THE FUTURE
It’s hard to talk about planning for the future without talking about stimulus. So, at least we have some good news on that front.
The Senate voted along party lines to approve the stimulus package. That means it passed without a single Republican vote. Now it’s up to the Democratic-led House of Representatives to vote on the legislation (which is different than the original bill the House sent to the Senate) and this move expected to happen tomorrow.
After that, it will head over to President Joe Biden’s desk for a final signature.
House Democrats are expected to have the votes to pass the Senate bill.
And better still, President Joe Biden expects people to start receiving stimulus checks this month.
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