Ten-year treasury: yield continues to rise; could hit 1.4%. If it hits 1.4%, watch for pressure on the market.
Personal income: huge, much better than expected. 1.1% growth vs 0.3% growth.
Consumer spending: down 0.1% vs an increase of 0.3%.
My favorite graph: US Money Market Fund Monitor.
Payday! Apple's Tim Cook will receive a "whopping" $750 million (three-quarters of a billion dollars) of Apple's stock this week as the final installment of his pay deal with Apple, put in place over a decade ago. For the archives: AAPL is trading just under $150/share. Link here. Five million shares?
Apple Watch: the wrist gizmo. Remains the most popular smart watch in the universe. In 2Q21, Apple hit a new user base milestone: there are now more than 100 million active Apple Watch users. Apple may have hit this milestone as early as December, 2020. Apple will debut its newest watch, the Apple Watch Series 7: first design
In the second quarter of 2021, global smart watch shipments were up 27 percent overall, and Apple was able to maintain its number one position. Apple's market share was at 28 percent, down slightly from 30 percent in the year-ago quarter, but well above competitors like Huawei, Samsung, and Garmin.
Apple Watch comes in at both #1 (Apple Watch Series 6) and #2 (Apple Watch SE).
#3: Samsung Galaxy Watch Active 2
#4: Apple Watch Series 3
#5: Imoo Z6-4G
Old news: Lutheran Social Services of North Dakota files for bankruptcy to pay off creditors. They will be huge recipients of new wave of Afghan refugees. Link here.
Inflation: the Fed -- the issue is "supply, not demand."
Chokepoint: container ships waiting for berth at ports of Los Angeles, Long Beach, near record high. Link here. Also here.
Covid-19: yesterday's vaccination data was not remarkable, but it was not posted until 10:30 p.m. ET which is very, very strange. This is not rocket science. One gets the feeling that the CDC data is not released until the White House has seen it and acknowledges it has seen it ... and yesterday, the White House was in huge disarray.
Press conference: "... instructed to call on ..." We now know there is a list -- which is not surprising -- but the bigger question -- is the list handed out to the press just prior to the presser?
Five no-brainer stocks, link here. One of the five? OKE.
Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.
SRE: a high-yeld blue chip retirees can trust. SeekingAlpha. August 27, 2021. It's a $124-stock trading at $131.
Peloton: implodes, but there's much more to the story. At least they are not catching on fire.
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