To The Moon

Although the United States has been slow in adopting electric vehicles (EVs), the change that is currently happening in the sector is positive. Now, all 50 states are actively working on creating a national network of EV charging stations. This means that soon, there will be more convenient and accessible charging options across the country, supporting the growth of EVs.According to Forbes, millions are being invested in the auto industry to create new high-paying jobs and support the EV market by building new manufacturing plants in conjunction with battery manufacturing and processing of electric vehicle components. Proposed vehicle emission standards by the U.S. Environmental Protection Agency (EPA) are driving market transformations.Investors can choose to invest in electric car stocks

I had to “update” myself wrt “Juneteenth” US public holiday falling on 19 Jun 2023. It is the 11th and latest addition to the list of US federal holidays. It was signed by President Biden on 17 Jun 2021 and the first to obtain legal observance as a federal holiday since Martin Luther King Jr. Day was designated in 1983. Today is a good “breather” since I have been largely “out of action” for the past week. US market on the whole has performed very well for the past one month: DJIA upped by +2.61% to 34,299.12 S&P 500 upped by +5.19% to 4,409.59. Nasdaq upped by +8.15% to 13,689.57. What more could an individual retail investor asks for right now? If the market could sort of have a “mini” consolidation this week, it would appear (personally) a “healthier” behaviour instead of continuous

News and my muse ~ SF CRE crisis, inflation, Debt Ceiling, Layoffs - Sonos, TrueCar & Citi June is normally one of the best months of the year in trucking and sets the tone for the rest of the year. Unfortunately, its not providing much of a relief for struggling carriers. Trucking spot rates (net of fuel) are now lower than 2019. BREAKING: Median asking rent for a US home rises 1.4% in May to $1,995/month. Meanwhile, the average new car payment is now $800/month. On top of this, the average American is paying $430/month in credit card debt. This means the average person is now paying $3,225/month for rent, credit card bills and a new car payment. Inflation is real. JPMorgan analysts estimate the US will need to borrow $1.1 trillion in short-dated Treasury b