Wednesday Clutter: President Biden, New CDC Guidelines, Google, Starbucks, Goldman Sachs, Boston Red Sox, Britney Spears, Counting Crows, and more
Friday Clutter: Vaccine Approval, Rep. Gaetz, U.S. Supreme Court, New England Patriots, Reese Witherspoon, Dexter, Selena Gomez, Ozzy, Genesis, and more

Thursday Clutter: President Biden, Rudy Giuliani Search Warrants, Federal Reserve, Facebook, Boston Red Sox, Daughtry, and more

Hi everyone,

Welcome back!  How are you?  Our crew is doing well.  The mechanic took 90 minutes longer than expected to take care of the car yesterday, which started making me wonder if there was a new problem.  Turns out they just misjudged how long it would take them to give me new tires, so we're back in business.  Today will probably be a pretty quiet day around Clutter Headquarters.  The guys can read while I take care of a couple of small issues, but we're mostly going to take it easy and count the hours until my second vaccine shot tomorrow.  Can't wait!  In the meantime, let's get to work.  There's a fresh pot of coffee on the counter, so grab yourself a nice medium DD, because it's time to clear out some Thursday Clutter.

President Biden addressed Congress last night, as he marked the first 100 days of his administration.  Biden laid out his "American Families Plan," which invests in education, child care, and health care, to help middle class families compete in today's economy.  It's good for the country, and the only people who would oppose this proposal are those who depend on a perpetually economically vulnerable workforce for their profits.  Between this and his infrastructure plan, Biden is unabashedly seeking to pass an updated "New Deal" legislative package and lay waste to the Republican orthodoxy that claims government is the enemy.  We've watched that show for 40+ years, and it translates to the wealthy keeping their feet on the necks of the other 99% of the country.  It's time to finally cancel that program.

(You can read Biden's full speech here.)

Vice President Kamala Harris and Speaker Nancy Pelosi made history last night, as they marked the first time two women sat behind the president while he addressed Congress.  It's a great visual image that will surely inspire thousands, if not millions, of young girls in the years ahead.  We look forward to the day when a woman finally occupies the speaking role in that situation.

President Biden Address April 29 2021President Biden has a bold agenda for the United States.  (pic via abcnews.go.com)

The U.S. Conference of  Catholic Bishops is debating whether to attack President Biden for being pro-choice.  1) A majority of this country supports abortion rights, and 2) These folks were pretty damn quiet for the last four years, so we're not interested in hearing their moralizing.

Republicans scream about partisanship at every opportunity, as if they didn't just attempt a coup against this country on January 6, but a new poll shows Americans see through their bluster:  A majority of respondents believe President Biden has done his part to reach across the aisle and think the GOP just wants to oppose everything.  The public knows that Biden's actions so far help ordinary Americans, not just the top 1%.  Republicans represent a shrinking minority of the country, which is why they're doing everything they can to destroy democracy in this country.

Senate Republicans went after Judge Ketanji Brown Jackson during her hearing to replace Attorney General Merrick Garland on the D.C. Circuit Court of Appeals yesterday.  Judge Jackson, an African-American woman, is widely believed to be President Biden's first Supreme Court nominee if he gets the chance, so Republicans were looking for something to use against her, but they came up empty.

The FBI carried out search warrants on Rudy Giuliani's office and home and seized electronic devices yesterday.  Rudy's legal problems aren't going away anytime soon, and he doesn't have Donald Trump to save him anymore.  Will he eventually turn on the Great Pumpkin to save his own behind? Also, it sounds like these searches were a long time coming, which indicates the DOJ staff was waiting for Bill Barr to finally leave office so he couldn't continue to act like Trump's personal attorney instead of the country's top law enforcement officer.

The Federal Reserve says the economy is improving, but they still won't change interest rates in the near future.  The Clutter investment team appreciates the support for stocks, but they still say rates this low punish savers who aren't in position to deal with the risk that comes with the market.  That's problematic.  Either those folks are forced to take their chances and assume the risk in chase of a yield, or they remain in a precarious financial situation unless they get additional support from the government.

Facebook's 1st quarter revenue in 2021 was up 48% over the same time last year.  Remember what the Clutter investment team said yesterday about a lot of numbers looking skewed compared to the point in time where the S&P 500 fell about 33% in a month.  However, it's clear Facebook isn't going anywhere.  It will be interesting to see how Apple's new privacy feature impacts the company moving forward, and of course, there's the matter of antitrust lawsuits and potential regulatory reform on the horizon.

Verizon is reportedly looking to sell its digital media assets.  Who wants to buy AOL or Yahoo! with us?  We would only need to put together about $4-5 billion.   Hold on, BDH and Little Buddha say we'd be better off increasing the coffee budget.  Those two always focus on the right priorities.

The Boston Red Sox beat the New York Mets 1-0 last night to sweep their two-game series.  The Sox had their work cut out for them facing Jacob deGrom, but they were up to the task.  The righty has been lights-out so far this year.  However, Boston got to him for one run in the second inning, and that was all they needed.  Sox starter Nick Pivetta got into trouble right away with two walks in the first inning, but he escaped without injury and only gave up one hit over five innings, and the Sox bullpen took care of the rest.  That's an impressive win.  Next up, the Red Sox face the Texas Rangers, with Martín Pérez taking the mound for Boston tonight.

The Carolina Panthers traded Teddy Bridgewater to the Denver Broncos for a 6th round 2021 NFL draft pick yesterday.  We're hearing conflicting speculation about whether or not Denver is still looking at drafting a quarterback with the 9th pick today, so we'll see if this has any impact on the New England Patriots.  At this point, we're ready for the speculation/guessing to be over, and for Bill Belichick and company to finally choose some players.

AXS TV is starting a limited concert series next month called "Long Live the 90's," which will have shows from Pearl Jam, Stone Temple Pilots, Jane's Addiction, Soundgarden, and others.  It's a little startling that this era is now looked at nostalgically, but we'll have to check out at least a few of the shows.

Okay kids, that's going to do it for now.  Here's Daughtry to close things out with, "World on Fire" for today's, "Song of the Day."

Thanks for stopping by, everyone.  It was great to see you, as always.  Enjoy the rest of your day, stay safe, and we'll catch up with you again soon.  Until next time, that's today's Clearing out the Clutter, and we are outta here.

 

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