Fed Gets Room to Hold in June as Inflation Shows Sign of Cooling
April CPI rose annual 4.9%, first print below 5% in two years
Markets are still looking for Fed to cut rates later this year

Workers Are Happier Than They’ve Been in Decades https://www.wsj.com/articles/workers-job-satisfaction-survey-c42addba

Trump's CNN Town Hall, "moderated poorly by CNN’s Kaitlan Collins, was simultaneously a triggering flashback to the bad old days of Trump’s presidency, a frustrating preview of what we can likely expect over the next 18 months, and a conclusive repudiation of CNN CEO Chris Licht’s doomed plan to restore the network’s fortunes by tacking to the imagined middle" https://slate.com/business/2023/05/trump-cnn-town-hall-kaitlan-collins-new-hampshire-disaster.html

Another good reason to migrate from Twitter.

I need your opinion. When I turned this article in, my headline was "America Is Ziplining Into Godzilla's Mouth". My editors believe their headline, "With U.S. Debt Ceiling Battle Looming, This ETF Could Soar"
has more impact. https://weissratings.com/en/weiss-ratings-daily/with-u-s-debt-ceiling-battle-looming-this-etf-could-soar Which headline would make you more likely to click through?

The important part: "The 320-page “Limit, Save, Grow Act” unleashed by House Republicans has almost no chance of becoming law" So, debt ceiling crisis dead ahead. https://apnews.com/article/speaker-mccarthy-debt-ceiling-biden-republicans-congress-ca106e88f2ad6ca1f2df8d2b27c15758

@tirebiter73 Wonderful? Only for Erwin Schrödinger

Attention car shoppers: New cars are selling below sticker price for the first time in 20 months, per Kelley Blue Book.
As of March, U.S. car dealerships had ~1.89 million new vehicles in their inventories, approaching levels seen before the COVID-19 pandemic. With the increase in inventory, dealers have started offering discounts to attract buyers
https://unusualwhales.com/news/in-march-the-sale-price-of-the-average-new-car-slipped-below-sticker-price-for-the-first-time-in-almost-two-years

@haikushack sure!

@haikushack https://haikushack.substack.com/p/poetry-loving-you Specifically, I sent her this part:

The U.S. Treasury said Monday that Volkswagen, BMW, Nissan ( NSANF ), Rivian, Hyundai and Volvo electric vehicles will lose access to a $7,500 tax credit under new battery sourcing rules. #EVs #CoSoFinance https://www.fidelity.com/news/article/top-news/202304171006RTRSNEWSCOMBINED_KBN2WE0WS-OUSBS_1

@haikushack I already am. Just found a love poem to send to my wife, so it's a great start.

What a great love poem. https://haikushack.substack.com/p/poetry-loving-you

@Tomisacatperson I like HAMR here.

@haikushack That's worth a follow.

@haikushack Lovely art!

I'm very much looking forward to next week's Las Vegas MoneyShow. My presentation on precious metals will have lots of hot picks and I get another, longer session where I'll talk about megatrends and stocks that will ride them. #gold #silver https://t.co/o6CZdX3GlW