🌞 Skinny Jeans – September 29 2021




Happy Wednesday.

Today is National Coffee Day, which means the best part of waking up is a bunch of frothy deals at Dunkin’, Starbucks, McDonald’s, and more. 

Also: Hi! I’m Amanda and I’ll be your friendly newsletter writer while the Morris family muscles through Covid chaos. I imagine their house looks something like this right now. I hope I’m wrong.

credit: tumblr

Morris Note: Amanda is correct! Our house is a bit like that. We thank her for stepping in to keep you informed this week. She is a fantastic writer and you should follow her work here

In Case You Missed It. 

🔘 A medical center in Branson, Missouri is issuing its staff panic buttons because patients are attacking them. Every word of that sentence is true, I promise.

🚸 The Biden administration is trying to reinstate DACA for children of immigrants. 

1️⃣ Oregon is the first state to approve a new congressional map following the 2020 Census. The state gains one congressional seat, along with Florida, North Carolina, Colorado, and Montana.

🏛 The Senate Committee on Banking, Housing, and Urban Affairs heard from Treasury Secretary Janet Yellen and Fed Chair Jerome Powell on Tuesday about how their institutions are fighting Covid. Yellen also took the opportunity to warn Congress about the catastrophe that’s coming if they fail to raise the debt limit before October 18th

Coronavirus Update: 😷 Total confirmed cases as of 12:20 p.m. ET on Tuesday: 232,495,646 — Total deaths: 4,759,699 — Total vaccine doses administered: 6,144,645,907

  • Pfizer and BioNTech submitted data to the FDA from their Phase 2/3 trial testing the vaccine on kids 5-12. It’s looking good for the littles!
  • Covid pills! There are at least three antivirals being tested right now to help treat and prevent Covid. Results could be out before the end of the year.
  • Japan is lifting Covid restrictions after about six months of strict lockdown. As of Thursday, the country will no longer be in a state of emergency and people can (slowly) come out to play. 
  • The Vatican will require all employees to show proof of a Covid vaccine or a negative test starting on October 1. 
  • Variant tracker: Where different strains are spreading.














*Stock data as of the market close, cryptocurrency data as of 5:00am ET.

  • Markets: Cardano will invest $100 million to fund defi projects worldwide. Alibaba, the Chinese e-commerce giant, has announced it will no longer the sale of crypto mining gear on its platform. Meanwhile, Wall Street stocks ended sharply lower on Tuesday in a broad sell-off driven by rising U.S. Treasury yields, deepening concerns over persistent inflation, and contentious debt ceiling negotiations in Washington.


Program Rate Change APR Change
30 year 2.91%  0.13% 2.97%  0.14%
15 year 2.16%  0.13% 2.27%  0.14%


The Lead: Afghanistan Withdrawal

credit: reuters

Chairman of the Joint Chiefs of Staff General Mark Milley testified with other top Pentagon officials on Tuesday about the Afghanistan withdrawal that went so horribly wrong.

Gen. Milley characterized the withdrawal from Afghanistan as “a logistical success but a strategic failure.” He also said he won’t be quitting any time soon, despite calls for his resignation.

Also on the agenda were future counterterrorism measures and Milley’s China call when he served under President Trump. 

Goodbye Western Union

credit: reuters

Cross-border payments could be joining us in the future. Central bank digital currencies (CBDCs) can get you those sparkly chinos from Italy much faster (see also: lower fees).

In a pilot program, the Bank of International Settlements (BIS) found that CBDCs can cut cross-border transactions to a matter of seconds (rather than three to five days). And CBDCs can cut costs by up to 50%!

The Hong Kong and Thai central banks used blockchain during the pilot trial to get around the complicated way cross-border payments are typically processed: transferring from local bank to local bank to a different local bank and so on.

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For a limited time, get 15% off your pair of UE FITS True Wireless Earbuds at ue.com/fits. Just use promo code INVEST at checkout.

Merkel Says Aufweidersein 

credit: getty

Angela Merkel is stepping down after 16 years as chancellor of Germany, but the election on Sunday failed to deliver clear answers about the country’s way forward.

Preliminary results show that the left-leaning Social Democratic Party (SPD) won the most seats, beating Merkel’s conservative Christian Democratic Union (CDU) party. 

The SPD nabbed 26.7% of the vote, the CDU/CSU won 24.1%, and 14.8% went to the Green Party. 

Now we wait for the final result. Then negotiations start, with the SPD negotiating a coalition government in the next days, weeks, and maybe months (Merkel’s government took five months to form).

Astro Go Check On My Dog

credit: giphy

Do you want an Amazon robot in your home? No? Well, THEY CAN’T HEAR YOU. The company unveiled the $1,000 Astro at its event on Tuesday

Astro is a home assistant device that has all the creepy camera/recording/monitoring features of devices like the Echo Show and Ring camera. All in one nosy, roaming robot. 

It’s possible I have some robo-phobia.

Other products announced include a $59.99 smart thermostat and the videoconferencing Echo Glow for kids.

News By The Numbers

589. That is how many buildings in the Spanish island of La Palma have been eaten by lava from a September 19th eruption in the Canary Islands. It’s a waiting game to see what happens when the lava reaches the Atlantic Ocean. As long as the flow doesn’t speed up, it should be ok (fingers crossed).

131. That is the number of federal judges who presided over cases (685!) involving companies they or their families owned stock in. Guess who won in about two-thirds of the cases??? This is against the law. And ethics.

5. That is how many life sentences Jarrod Ramos will serve in prison. He killed five people at the Capital Gazette in 2018.

10. That is how many Latin Grammy Awards Camilo is nominated for. He won his first Latin Grammy last year. That number will likely rise this year.

175. That is how many unvaccinated employees were fired from a North Carolina hospital system. It’ss one of the biggest vaccine mandate-related firings yet.

Put Away Your Fat Jeans

giphy.gif credit: giphy

Can you fit into the jeans you wore in college? If not you might be on your way to developing diabetes.

According to new data from the European Association for the Study of Diabetes, if people discovered they could no longer fit into the same jeans they were wearing at age 21 they were at risk of developing type 2 diabetes. The study found that these people were “carrying too much fat” for their body type. 

Silver lining: The report found that eight in 12 people managed to “get rid” of their diabetic condition simply by losing 10-15% of their body weight and slipping back into those jeans. Those participants had their diabetes go into remission. 

Today's Live Show






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We'll be analyzing Fed Chief Powell's testimony before Congress and why Senator Warren thinks he's a very dangerous man. We're also looking at how members of the Fed made millions on stocks while the agency was pumping money to those companies.  Click here to RSVP and I'll see you at 9 AM Eastern. 

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