Biden better listen, or his term ends two years early. Were you forwarded this email? [Sign-up to Rude Awakening here.]( [Unsubscribe]( [The Rude Awakening] It’s come to our attention that you might be missing out on extra benefits exclusively for Rude Awakening subscribers. Check out our website where you can find archives, updates, and everything else included in your subscription. You can access it by [clicking here now](. America Is Speaking - The stock market is getting hammered.
- The supply chain woes leave store shelves empty.
- Bidenâs approval rating is the lowest for any president since The Donald. Recommended Link [Alert: Explosive Stock Opportunity]( One of the most well-known tech investors in America just put out his most URGENT BUY recommendation to date. [This could be the most explosive stock opportunity of the decadeâ¦]( Landing you a potential 1,000% gain in a matter of months. Get the details on this Tech Legendâs #1 stock play of the decade. [Click Here Now]( Sean Ring Editor, Rude Awakening Itâs Tuesday, and I wish I had better news for you. For once, Iâd like to write, âEverything is rosy. Go out and enjoy it.â Alas, I wonât be writing that anytime soon. The only positive I can think of is that many Biden voters have realized what a stupid mistake they made voting for him. It seems the minority vote is the least happy with Bidenâs performance, especially concerning the economy. Low-income folks donât like inflation and with good reason. Increases in food prices and rent really hurt, as most of their paychecks are taken up with that non-negotiable spending. Inflation is also crushing tech stocks. Supply chain woes are exacerbating the inflation effect. As a result, store shelves are empty - in America, for crying out loud! Letâs have a closer look. Nasdaq Sheds 2,500 Points Since November This is one ugly chart: That pink line is the 200-day MA. The Nasdaq fell through it with impunity. All the other times the Nasdaq turned down over the past year or so, it never even approached that line. This isnât good. Can things turn around? Sure. The Donald said to buy stocks on Christmas Eve 2018. That awful selloff turned right around. Does Biden have the authority or power to create such a move? I donât know. But Iâm pretty sure Jay Powell would have something to say about it. We already know Powell isnât Volcker. He doesnât have the gravitas to say, âWe need to bust this inflation, so Iâm raising rates no matter what.â Unpopular idea: a softening of the Fedâs recent hawkish tone is on the way. Would that mean stocks will automatically recover? No. In fact, it may be taken as a panic move and cause a further selloff. It happened when the Fed cut rates in 2008. The market sold off further because it knew something was broken. Shelves are Empty in Soviet America Credit: [ChéNN]( Credit: [National Post]( Boy, remember Ronald Reagan joking about the Soviet Union and its lack of stuff? God, the 80s were great. Now, the jokeâs on America. [In one article]( the ânews networkâ claimed all of these reasons were to blame: - Omicron - the weakest Covid variant - sickening workers.
- Social distancing protocols in workplaces.
- Food industry workers are not returning to low-paying jobs.
- Shortage of truckers.
- Aging truckers.
- Congestion at the nationâs ports.
- Severe weather.
- People are eating in more and varying their cooking. How about horrendous policies creating unintended consequences? How about central planners knowing diddly squat about the industries theyâre restricting? Nope, because CNN is a mouthpiece. Recommended Link [Cryptos Are Set To Explode In 2022!]( [Click here for more...]( 2021 was a record year for cryptocurrencies⦠In fact, one expert calls it âthe defining yearâ for crypto. But if youâve missed out so far, itâs NOT too late to get started⦠Because many predict 2022 will be even bigger! [Click Here To Learn More]( Bye, Bye, Biden Now the electorate is taking it out on Sleepy Joe. Watching CNN not even try to defend him is a treat. In [another article]( on his poor polling, the enemy wrote: Among Americans 18 to 34 years old, Biden had a net approval rating of -15 points. He won this group by 21 points in the 2020 exit polls. We also see Biden struggling relatively among voters of color. His net approval rating with them in a recent average of polls comes in at about +15 points. He won this group by 45 points in the 2020 exit polls. Funnily enough, inflation hammers the young and voters of color the most. The article continues with the economy: Biden's approval rating on inflation was just 28% in an ABC News/Ipsos poll last month. His disapproval rating was a very high 69%. Put together, his net approval rating on inflation was -41 points. His ratings on the economy overall are better but by no means good. This month, Biden is averaging a 39% approval rating to a 56% disapproval rating. This net approval rating of -17 points on the economy is the worst on record for any president through one year since at least 1978 and Jimmy Carter. Carter had a -8 point net approval rating. What's perhaps most surprising is how much worse Biden's ratings on the economy are compared with those of his predecessor. The economy was actually Trump's strong suit. By this point in his first term, he had a +8 point net approval rating on the economy. The man with a plan has also suffered from his âhandlingâ of the âRona: Arguably, Biden's biggest problem is that he's seen a significant drop-off in the two biggest issues on voters' minds. Not only is Biden slagging on the economy, but his approval rating on the coronavirus pandemic has fallen off as well. His net approval rating was at around +30 points into mid-2021. Since then, the Delta variant and the Omicron variant have taken hold, which led to rising case totals and more deaths. Biden's net approval rating this month on the coronavirus is about -5 points. A 35-point swing on Bidenâs handling the âunspecified virus of unknown origin?â Not a trivial move. Thereâs little wonder why the Democrats are panicking. Kamala Harrisâs approval ratings are even worse. With her and Biden, the media should start calling them âdisapproval ratings.â As I wrote last week, the [Dems tried Hillary on]( in The Wall Street Journal. But even worse, [Bill Maher jokingly suggested]( Biden and Obama divorce their spouses and âgay marryâ so Barry can be the new First Lady. Well, I think he was joking⦠But thatâs how desperate the Left is. Itâs also what happens when the ârevolutionariesâ get into power. Thereâs no one left to fight anymore. Now, they have to get organized and administer. Thatâs the one thing theyâre guaranteed to suck at. Because organization is the purview of the entrepreneur. The ability to anticipate, strategize, and execute is incredibly difficult and mastered only after years of trial and error. Itâs not for the utopians who think once the battleâs won, itâs done. The American Leftâs sole purpose was to defeat Donald Trump. And they did. Somehow, someway, they got enough Americans to pull the lever for a man who wasnât that bright when he had it together. Now that manâs in the White House wreaking havoc on the country and the world. His domestic policies suck. His foreign policies suck. [CIA Chief Robert Gates once wrote of Biden]( âI think he has been wrong on nearly every major foreign policy and national security issue over the past four decades.â [Barack Obama once said]( âDonât underestimate Joeâs ability to fuck things up.â I really wish America hadnât. Until tomorrow. All the best, Sean Ring
Editor, Rude Awakening [Whitelist Us]( | [Archive]( | [Privacy Policy]( | [Unsubscribe]( Rude Awakening is committed to protecting and respecting your privacy. We do not rent or share your email address. By submitting your email address, you consent to Paradigm Press delivering daily email issues and advertisements. To end your Rude Awakening e-mail subscription and associated external offers sent from Rude Awakening, feel free to [unsubscribe](. Please read our [Privacy Statement.]( If you are you having trouble receiving your Rude Awakening subscription, you can ensure its arrival in your mailbox by [whitelisting us.]( © 2022 Paradigm Press, LLC. 808 Saint Paul Street, Baltimore MD 21202. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security they personally recommend to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Email Reference ID: 470SJNED01