🌞 Optical Illusion – June 03 2021

Today's Live Show

BITCOIN TAKES OFF, ALT COINS MOVING AND A CRITICAL MARKET MOMENT

There's a ton of market news this morning. So join us on today's live morning show where we're looking at best places to make a lot of money right now. We're also looking at some inflation-resistant sectors to put your money on as things start to get hotter. Click here to RSVP for our live show and I'll see you at 9 AM Eastern. 

The Lead: Housing Boom

credit: gettty

Housing prices are at all-time highs worldwide. Average prices for homes jumped 7.3% in the first quarter of 2021, which is the fastest-growing quarter since 2006. 

Surprisingly, home prices in the U.S. were not the fastest rising, even if it feels that way. At the top of the list is Turkey where prices jumped 32%, followed by New Zealand with a 22.1% increase. The U.S. was fifth in price jump at 13.2%. 

Governments are trying to stem this growth. In New Zealand, the government removed tax incentives for property investors. All of this to prevent what experts say could be a bubble. That’s the word you never want to hear when you’re talking about the environment. Not a bubble! Anything but a bubble! 

Woke Coke

credit: nypost

A county in North Carolina has banned all vending machines that sell Coca-Cola because of the company’s stance on voting laws. 

The all-Republican county commissioners in Surry County voted 3-2 to remove the vending machines in offices because the company has spoken out about voting restriction laws in Georgia. 

“The left wing in America, they defund, they boycott, they cancel, they tear down statues – all sorts of egregious actions,” said Eddie Harris, a county commissioner. 

So they’ll show them. Isn’t it something that Coke is banned, not for its health risks but for its politics? Priorities. 

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Unemployment Payments Dry Up

credit: ap

Exactly half of U.S. states are ending the extra $300 unemployment payment that was approved due to the pandemic. Maryland became the 25th state to announce the end of these checks. 

All of the states that have ended this payment have Republican governors who have echoed their party’s budgetary concerns. Governor Larry Hogan says that the money did what it is was supposed to do when times were tough but now “vaccines and jobs…are in good supply.” 

Indeed, companies have struggled to hire fast enough to keep up with economic recovery but jobs have still gone unfilled. GOP leaders are concerned about paying people more while they are out of work while there are opportunities to work. 

Unemployed workers can still get regular benefits. It is just the added $300 that is ending and it will end at different times around the country. In Maryland, it will end in September. 

Minecraft

credit: USA today

Norton antivirus software will now allow people to mine their own cryptocurrency. 

Mining for cryptocurrency up to now has been only for the more initiated users. It usually requires users to turn off antivirus software. Norton has decided to make this process a lot easier by allowing mining while also protecting machines. 

What do we mean by mining?

To put it simply, it means that your computer completes a series of puzzles, linking bits of data around the world, thereby creating a new digital coin. It requires heavy machinery but your computer could do it slowly in the background and earn you some money. The faster your system, the faster and more profitable your mining will be. 

Norton’s system will allow users to mine for Ethereum, not Bitcoin. Norton will then store the coins that are mined in a Coinbase wallet, which is also protected by Norton. This program will be available to a small group at first and to all users in the coming weeks. 

Crypto mining is popping up in unusual places. Recently a carmaker announced an electric vehicle that can mine Dogecoin. What will they think of next? 

News By The Numbers

credit: giphy

29. That is how many days former President Trump maintained his blog where he released official statements in a Twitter-like feed before he decided to shut it down.  

25 feet. That was the length of the train of Princess Diana’s wedding dress. It goes on display in Kensington Palace this week for the first time in 25 years. 

10%. That is how many people living in Los Angeles County say that they will move out of the area in the next year. 

Put Away That Spray Can

a farmer sprays pesticides credit: getty

A new study shows that pesticides are destroying the world’s soil. 

Soil is a living, breathing ecosystem that supports plant life and humankind. But we’ve dumped so many chemicals into it for the sake of growing food faster and cheaper and our soils are hurting. 

The study looked at published work and soil experiments and found that in “70 percent of those experiments, pesticides were found to harm organisms that are critical to maintaining healthy soils – harms that currently are never considered in the EPA’s safety reviews.” 

Soil that is “biodiverse” should have worms, beetles and other bugs and species but there is a decline of these creatures and pesticide companies and regulators have ignored this. It’s popular to worry about the bees these days but we should also worry about the a bug's life!  

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