*stock data as of market close, cryptocurrency data as of 5:00 am ET.
Markets: Apple will report earnings today and we'll be watching to see how iPhone sales performed in a supply-constrained environment. Earnings today from a number of big companies could end the euphoria. In crypto Ethereum is approaching all-time highs and Bitcoin retested $60,000.
Clinics EVERYWHERE: children’s hospitals, doctor’s offices, pharmacies, and possibly schools
The Biden administration seems *almost* as ready to go as some of us parents are. White House COVID response coordinator Jeff Zients said: “Should the FDA and CDC authorize the vaccine, we will be ready to get shots in arms.”
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The city’s pilot program would offer 5,000 low-income households $500 a month each for a year. Chicago Mayor Lori Lightfoot included the $31 million+ program in her proposed 2022 budget and the city council votes on it today.
The program will be funded by the huge lump sum (almost $2 billion) the city received from the American Rescue Plan. I can think of worse ways to spend that money.
The city will choose recipients randomly for the program among adult residents who make less than $35,000 a year. Their purchases will be tracked for the first six months.
Chicago is far from the first city to offer support for the people who make their city work. Alaska has been guaranteeing all residents an average $1,600 a year for almost 40 years.
TODAY'S LIVE SHOW
MORNING INVEST LIVE AT 9AM EASTERN
On today's live show we'll analyze the Democrats plan to tax corporations at 15%, the supply chain constraints continues to crush average family, and President Biden's is delaying the JFK assassination records. Why? Join us at 9 AM Eastern right here. Just click the link and join us in the chatroom right now.
We’ve all heard of long Covid, but the hard data is here. A recent study from Mount Sinai Health System tracked 740 Covid patients from April 2020 to May 2021. Results showed that Covid brain, or “brain fog” lasted for months after patients had kicked the virus.
The median age of participants in the study was 49 with 54% identifying as white. Patients were given memory tests to check their ability to store new memories and recall old ones.
From the study research letter: “In this study, we found a relatively high frequency of cognitive impairment several months after patients contracted COVID-19. Impairments in executive functioning, processing speed, category fluency, memory encoding, and recall were predominant among hospitalized patients.”
Flying South For The Winter, and Spring, and…
This climate crisis is for the birds! Literally.
A study from Durham University found that snowbirds aren’t feeling the chill so much these days. In fact, the study showed that some trans-Saharan migratory birds are spending about 50-60 extra days close to home in their European breeding grounds rather than migrating to Africa.
The birds didn’t suddenly decide to take time off to be with the kids. Experts believe they’re sticking around in Europe because rising temperatures make it possible to survive longer in previously cold areas.
The study’s lead author Kieran Lawrence said: “If the trends we have seen in this study continue we may see that, in time, some birds will spend no time at all in sub-Saharan Africa, and instead spend the full year within Europe.
What does it mean?
Lawrence continued, laying out the ramifications of this new climate crisis challenge: “In the traditional migration destinations of sub-Saharan Africa a reduction in the time migratory birds spend there could have implications for ecosystem services such as insect consumption, seed dispersal and pollination.”
Lawrence further noted that this change in migratory habits could also lead to increased competition for food and resources in Europe.
The Great Resignation, Striketober, and the general labor shortage are changing the balance of power in the workplace. An increasing number of employers are getting ghosted by applicants. Employers receive an application, respond, set up an interview, and then…
OR, they get all the way through the interview process, hire the person, schedule their first day, and then…
Slate reporter Alison Green heard from several hiring managers. “I’ve sent out over 30 offers to interview,” one wrote. “Nine agreed to interviews. Three didn’t show up, two failed background checks, two didn’t want to travel … and we’ve made offers to the other two but neither has responded to accept or reject. I’ve never had so many people just not respond or not show up. Is this the new normal?”
For every applicant who has sent out resume after resume and heard nothing, who has heard those crickets at many job interviews, this is more than a little enjoyable.
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