Stocks are Falling: This is mostly because investors are growing concerned about the possibility of interest rates rising faster than expected.

 

JetBlue and Frontier Bid for Spirit: JetBlue offers $3.6B for Budget Airline Spirit, but Spirit already kind of agreed to a deal from Frontier back in February for $2.9B. Spirit is discussing what to do next. Investors should keep an eye out. Airlines have it tough right now. Not enough Gates, Pilots, or fuel to go around. Also, the Biden administration may not let either deal for Spirit go through.

 

Shanghai Lockdown Extended: The extended lockdown due to Covid in China is slowing its economy. Global Supply Chains are paying the price.

 

Uber dominates the UK: Uber is now letting people in the UK book trains, buses, flights, and other forms of transportation right from the Uber app. This test in the UK could come to other countries in the coming months.

 

The Bitcoin Conference in Miami: The 2022 conference is Miami's push to become the Crypto hub for the world. There are over 25,000 attendees at the conference and they all seem pretty bullish on Crypto.

 

Egg Prices: Watch out for chicken and egg prices to rise. The US is experiencing an avian flu outbreak and there are major bird shortages because of it.

 

Abortion Ban in Oklahoma!!! The near total ban in Oklahoma could punish administers of baby murder with up to 10 years in prison. This Abortion ban along with others in Texas and Idaho are a sight for sore eyes. A win for life is a win for Christ!

 

Gm & Honda partner to make EV's affordable: The plan is to produce EV's that cost less than $30K. This is a big deal since the average price of an EV is around $67K.

 

Amazons Big Rocket Deal! The Deal is aimed at launching a satellite internet constellation that would let the third of the world without internet access get on the web. They would probably be better off without it in my opinion, but hey, I make a living thanks to the internet, so maybe I should stop being so preachy!

 

Elon Musk is now 9.2% owner of Twitter: Elon Agreed to not buy more than 14.9% of the shares of Twitter. This could be a big move for Free Speech, as Elon is a big proponent of the first amendment and Twitter has a trash record when it comes to Free speech. Many are hopeful that Elon can help put a stop to Big Tech sponsorship or at least combat it a little.

 

Student Loan Payments deferred again until August. Of course this is good news for those who don't want to pay that $800/month for a useless gender studies degree, but this is probably not a good sign for the overall economy. 

 

Ford is Struggling and the Chip shortage is making things worse and worse

 

>>>Kevin McCullough Money Monday Interview<<<