The Daily Ninja 4/04/24

Updates From The Economic Ninja

Largest Fresh Egg Producer Finds Bird Flu In Chickens

(4/3/2024)

• 🐔 The largest fresh egg producer in the US has found bird flu in chickens at Texas and Michigan plants, impacting the food supply.

• 🦠 The virus has also been detected at a poultry facility in Michigan, raising concerns about the spread of avian influenza in the US.

• 🐔 The timing of the bird flu cases is interesting, especially after the recent controversy over antibiotic use in chickens.

• 🤔 The possibility of bird flu being exaggerated to increase profits and endanger human health is a concerning theory.

• 🐄 Dairy cows in Texas, Kansas, and Michigan have been reported to be infected with the bird flu, posing a threat to the livestock industry.

• 🥚 The company sells its eggs in most regions of the United States, except California, due to the uptick in bird flu cases.

Jerome Powell needs more EVIDENCE before cutting Interest Rates

(4/3/2024)

• 🏠 Consumers are screaming for lower rates to refinance their homes and want more monetary stimulus, but Powell needs more evidence that inflation is easing before making a decision.

• 📉 The FED is not planning to drop interest rates as things are not really bad yet, contradicting the expectations of the market.

• 📈 Jerome Powell is in no rush to ease monetary policy, citing the need for greater confidence in inflation moving sustainably down towards 2%.

Watch the bond market...

(4/3/2024)

• 💥 Jerome Powell and Biden are trying to maintain a positive outlook, but the economy is actually imploding with a massive banking crisis looming.

• 📈 The increase in inflation is causing people to dive into the stock market, begging for yield, similar to the 2023 Bank Run.

• 📉 The bond market can be easily manipulated by a few big players, causing market collapses and price fluctuations.

• 💰 The current state of the economy is based solely off of government spending, which is a cause for concern.

• 📈 Speculation that recession risk is low and inflation risk is higher, leading to uncertainty in the bond market.

• 💰 The government is printing a trillion dollars every hundred days, and it's predicted to increase to a trillion dollars a month within the next two years.

• 📈 The speaker predicted a potential "Gold Rush" in the cryptocurrency market, emphasizing the significant growth potential and the impact of ETFs on the market.

• 📉 The Fed is predicted to drop rates and then spike them, creating an opportunity to "crush it in real estate."

Keep an eye out on these stories about the fed and interest rates because things could get interesting in the next few months.

-Ninja Out

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