☀️ Mystery Word – September 11 2020



Happy Friday. Today is hidden word day. Buried deep in today’s newsletter is a hidden word. Find it and don’t share it with anyone. Then join us on today’s live show at 9AM EST to win some from Morning Invest merchandise. During the live show I’ll ask you to fill out the form. If you’re one of the first 3 to get it correct you’ll win! Remember to watch us live today right here at 9AM EST.

In Case You Missed It. 

  • Democrats reject the Republican stimulus bill so the impasse persists.
  • A court ruled that the Trump administration cannot exclude unauthorized immigrants from the census, thereby denying them representation in congress.
  • Peloton posted its first-ever quarterly profit with $607 million in revenue.
  • Papa John’s Pizza announced that it is expanding with plans to open 49 new stores in the Northeast after record sales growth in July and August.

Coronavirus Update: Total confirmed U.S. cases as of 7 p.m. ET: 6,394,655 — Total deaths: 191,702 — Total recoveries:  2,403,511

Trump: Woodward saved virus quotes because “he knew they were good and proper answers.”

In Today’s Newsletter:

  • Stimulus package nightmare
  • The deadliest place to work
  • Big pharma makes a vaccine pledge


Program Rate Change APR Change
30 year 3.08%  0.04% 3.14% 0.05%
15 year 2.75%  0.01% 2.87%  0.00%

The Lead: Big Pharma Slows Its Roll 

credit: stambol

The largest pharmaceutical companies have made a pledge not to rush out a COVID vaccine until it is good and ready, despite political pressure to do so. It was signed by AstraZeneca, Johnson & Johnson, Merck, Moderna, Pfizer, Novavax, Sanofi, BioNTech, and GlaxoSmithKlin.

This is a bit of cold water on President Trump’s campaign pledges that a vaccine could roll out just days before the Presidential election. Drugmakers are pledging that the vaccine won’t be influenced by politics but rather by science.

The fine print

The pledge includes promises to adhere to high standards of safety, research, and ethics. It also promises that these companies will thoroughly complete Phase 3 of clinical trials, which no company has yet.

“We believe this pledge will help ensure public confidence in the rigorous scientific and regulatory process by which COVID-19 vaccines are evaluated and may ultimately be approved,” the pledge says.

Stimulus: The Skinny Bill Gets Body Shamed

credit: Getty 

As anticipated, Senate Democrats voted down Republicans’ recent stimulus package, which they called “pointless” and “emaciated.”

The bill proposed $300 per week in unemployment benefits through the end of the year, more Paycheck Protection Program funds, money for schools, and COVID testing and research. It also provided protection from COVID-related lawsuits for businesses. But it was a fraction of what Democrats are demanding for all of those things. Democrats want more of those things, and they are uninterested in the liability protection for businesses.

Republicans wanted Democrats on record as rejecting a bill so that the fault for having nothing looks to be on them. Recall that Democrats put up their bill three months ago, and Republicans refused to vote on it at all, so finger-pointing seems childish.

The stalemate continues, and none of us are surprised.

Sponsor: Outlet Finance (now with 10% interest rate)

The U.S. dollar is headed for a cliff so why are you still putting money in a regular savings account? You should give Outlet a try.

This morning I woke up and checked my Outlet account and holy cow I couldn’t believe my eyes. My interest rate is now over 10%. That’s right Outlet is over a 10% interest rate right now on your deposits.

With the government printing money like it’s going out of style and the U.S. dollar dropping every day, what if you could get a 10% interest return on the money in your savings account? You’d probably just laugh and say that’s not possible. Enter our friends over at Outlet. They have an amazing savings account alternative with a 10% interest rate right now! Outlet is unique because your savings are backed by cryptocurrency which trades at a much higher rate than anything you’d get in a local bank.

And the best part is you’ll get free money in your account if you sign up for free right here. You can open an account with any amount of money you want. I started mine for only $100. Cheddar

To take advantage of this amazing interest rate and get free money deposited in your account, sign up here for Outlet.

Retail: Home Depot’s Black Friday Plans

credit: wsj.com

Home Depot is canceling Black Friday, or at least Black Friday as we know it. The retailer says that it will spread the deals out for all of November and December, rather than concentrating them on a single manic day.

Safety concerns were, of course, a significant factor in this decision. You cannot have a mad rush to a store for discounted snow blowers in a socially distanced way. Home Depot says it wants to “reinvent” the idea of Black Friday by putting the same deals online and offline for a more extended period.

Going virtual

Meanwhile, Home Depot is also offering free online classes for hurricane and storm preparedness, starting Monday. The National Oceanic and Atmospheric Administration predict a record-high number of storms in November, and Home Depot wants to teach you what to do with those sandbags and how to board your house up safely. The free classes can be found here.

News By The Numbers

credit: getty

600. That is how many people Under Armour expects to have to lay off this year as part of the brand’s $550 billion restructuring plan.

$13,494. That is how much Smithfield Foods could pay in fines from the US Department of Labor for failing to protect employees from COVID outbreaks in their factories. That seems relatively light considering that 1,300 people were infected, and four people died. The company plans to contest the penalty.

187 miles per hour. That is how fast a North Carolina man was driving when he was arrested last weekend. The man admitted that he was trying to get to Myrtle Beach to show off his new Audi when police tried to pull him over. He attempted to outrun them and subsequently crashed the brand new car. His ride back was in a cop cruiser.

$500,000. That is how much money was smuggled in a couch cushion by customers officers in Miami last week. The money was halted before it could be sent to the Dominican Republic.

The Deadliest Catch

giphy.gif credit: Getty

Do you know those oil drilling platforms in the middle of the sea? Like the ones in the Mark Walberg movie that all blew up? Well, they’re not blowing up with explosions, but they are blowing up with COVID, and the fatality rate amongst employees is the worst of any other company.

There are 240 platforms and structures in the Gulf of Mexico operated by Petróleos Mexicanos, or Pemex, the state-owned oil company in Mexico. Pemex has reported 314 deaths from COVID, and platform workers are ten times more likely to die from COVID than the average Mexican citizen.


Workers have reported not being able to leave the rigs while feeling symptomatic and living and eating in close quarters with poor ventilation. Pemex has put stricter measures in place but continues to operate, even though a global oil demand is down.

Share The Love

Become a friend of Morning Invest by sharing this newsletter with someone you love.

When you do, we don’t just give you a pat on the back and say, “Well done old sport.” We give you actual rewards that’ll make everyone jealous.

Grover Rewards

Share Now

Scroll to Top