Connect with us

Government

5 Metals Stocks to Buy to Buffer Inflation During an Economic Bounce

Five metals stocks to buy as a way to buffer inflation during an economic bounce are benefiting from rising prices for metals such as gold and steel. The five metals stocks to buy are climbing after record-setting prices worldwide for copper, iron ore,…

Published

3 years ago

on

Five metals stocks to buy as a way to buffer inflation during an economic bounce are benefiting from rising prices for metals such as gold and steel.

The five metals stocks to buy are climbing after record-setting prices worldwide for copper, iron ore, steel and aluminum, according to BoA Global Research. Those prices have jumped more than 20% above their average for the past 10 years, the investment firm stated in a recent research report.

The annual inflation rate in the United States soared to 4.2% for the 12 months ended April 2021, rising from 2.6% for the 12-month rate in March and 1.7% in February, according to U.S. Bureau of Labor Statistics data. The 4.2 percent increase reported in April marks the largest jump for a 12-month period since a 4.9-percent spike for the 12 months ended September 2008, the agency reported.

The trend should continue since is likely that growing inflationary pressure may not ease “imminently,” BoA reported in its May 25 research note. Management at some of the metals companies have reported that they plan to protect their margins by raising prices, if needed.

Gold Offers Most Reliable Inflation Hedge in Assessing 5 Metals stocks to Buy, Pension Leader Says

Gold offers the “most reliable inflation hedge” among the various metals, said Bob Carlson, chairman of the Board of Trustees of Virginia’s Fairfax County Employees’ Retirement System with more than $4 billion in assets. Carlson, who also leads the Retirement Watch investment newsletter, counseled that he recommends having a base inflation-hedge in gold through exchange-traded funds (ETFs), such as iShares Gold Trust (NYSE:IAU). 

Chart courtesy of www.StockCharts.com

“An investment in a metals and mining company often will result in more than an investment in a metal, Carlson continued. The companies usually have some debt that can be used as leverage to lift returns, he added.

Once the price of the metal is high enough to pay the company’s fixed costs, any further price increases enhance margins for the organization and thereby boost its bottom line.

Pension fund and Retirement Watch leader Bob Carlson answers questions from Paul Dykewicz prior to COVID-19-related social distancing.

5 Metals Investments to Buy Include Diversified Sector Funds

“Investors who want to seek these leveraged gains should invest in a diversified mutual fund or ETF,” Carlson said. “Those who want an inflation hedge should choose a fund focused on gold mining companies. A good choice is iShares MSCI Global Gold Miners (RING).”

Chart courtesy of www.StockCharts.com

For investors who want a broader portfolio that will benefit from both inflation and global growth, consider iShares MSCI Global Metals & Mining Producers (PICK), Carlson counseled.

Chart courtesy of www.StockCharts.com

5 Metals Investments to Buy Include BHP Group Ltd.

“If you’re worried about inflation draining value from the money you have, commodities are one of the best places to seek shelter,” said Hilary Kramer, who heads the GameChangers and Value Authority advisory services. “And if you have a feeling the building boom is only going to accelerate once Congress decides on an infrastructure package, there’s even a good chance of making long-term money on the mining stocks. In that scenario, I prefer base metals because they are consumed in industry and construction… forcing the miners to keep digging in order to satisfy demand.”

Kramer, who also hosts the nationally aired “Millionaire Maker” radio program, said one of her favorite metals stocks is BHP Group Ltd. (NYSE:BHP), the biggest miner on the planet across many metrics. The odds are good that BHP Group is a major supplier of virtually any metal one may want, she added.

Chart courtesy of www.StockCharts.com

“As a bonus, I worked on the initial investment banking here years ago, so I’m sentimental,” Kramer continued. “The 4.2% dividend yield at least matches current inflation, which is more than Treasury bonds can say, and any upside on the stock over time will be a nice bonus.”

Paul Dykewicz conducts a pre-COVID-19 interview with Hilary Kramer, whose premium advisory services include IPO Edge, 2-Day Trader, Turbo Trader and Inner Circle.

BHP Group’s share price has climbed 19.9% in the past 52 weeks and 64.6% thus far in 2021. Value-conscious investors may be interested that BHP Group’s price-to-earnings ratio of 27.8 is more economical than the S&P 500 Index’s 36.5.

Nucor Joins 5 Metals Stocks to Buy

One metals stock that has been on a huge run in the past year with no signs of stalling is Nucor Corp. (NYSE:NUE), a Charlotte, North Carolina based producer of steel and related metals.

“Superman might be the man of steel, but he’s got nothing on a tremendous company that actually forges the steel used to build the world, Nucor Corp.,” said Jim Woods, who leads the Successful Investing and Intelligence Report investment newsletters, as well as the Bullseye Stock Trader advisory service. Woods, who also co-edits the Fast Money Alert trading service with economist Mark Skousen, PhD, chose Nucor as his entrant in the five metals stocks to buy.

Columnist Paul Dykewicz meets with Jim Woods to discuss stocks to buy.

Nucor not only manufactures and sells steel and steel products, the company also is involved in all aspects of the steel business, including hot-rolled, cold-rolled, and galvanized sheet steel products, plate steel products, wide-flange beams, beam blanks and H-piling and sheet piling products. Woods continued.

“You get the picture,” Woods said. “If it’s steel, then Nucor does it.”

Chart courtesy of www.StockCharts.com

P/E Ratios of 5 Metals Stocks to Buy Are Modest Compared to S&P 500

Strong demand due to the economic reopening, the anticipated flood of money into infrastructure and rising steel prices have combined to help Nucor deliver earnings growth of 213% year over year in its latest quarter, Woods explained. Aided by strong earnings growth of the past several years, Nucor has vaulted into the top 9% of all companies in terms of increased earnings, he added.

Any doubters should consider that Nucor’s share price has zoomed 164.6% in the past 52 weeks and 109.0% so far in 2021. Investors who are worried that Nucor has soared too far, too fast should note that the stock has a price-to-earnings ratio of 20.5, compared to 36.5 for the S&P 500 Index.

Source: Stock Rover. Click here to sign up for a free, two-week trial for Stock Rover charts and analytics.

Reliance Steel Snags Slot With 5 Metals Stocks to Buy

Reliance Steel & Aluminum (NYSE:RS), a Los Angeles-based metal solutions provider and the largest metals service center company in North America, operates a network of about 300 locations in 40 states and 13 countries outside of America. The company offers value-added metals processing services and distributes a full line of more than 100,000 metal products to 125,000-plus customers in a wide range of industries.

Reliance has found a niche in fulfilling small orders with quick turnaround and increasing levels of value-added processing. In 2020, Reliance’s average order size measured $1,910, approximately 49% of its orders included value-added processing and about 40% of those orders were delivered within 24 hours.

Reliance Steel’s stock price has jumped 78.7% in the past 52 weeks and 45.1% thus far in 2021. Value-oriented investors may be interested that the company’s price-to-earnings ratio of 19.5 is roughly half that of the S&P 500 Index’s 36.5.

Reliance Steel’s Spot With 5 Metals Stocks to Buy Aided by Cash Flow

BoA gave Reliance Steel a price target of $185 per and praised its cash return to shareholders, as well as support for the share price through buybacks. Plus, the company has a track record of free cash flow generation.

BoA wrote that its price target for the company could be affected negatively by a delayed economic recovery, execution risk due to its acquisition strategy and any sharp corrections in prices. Potential catalysts for the stock, BoA noted, are: 1) aggressive buybacks or dividend increases, 2) higher metal prices and 3) more attractive consolidation opportunities than currently modeled. Additional upside could come from mergers and acquisitions (M&As), as well as stronger pricing and demand than currently forecast.

Chart courtesy of www.StockCharts.com

Steel Dynamics Strides Among 5 Metals Stocks to Buy

Fort Wayne, Indiana-based Steel Dynamics, Inc. (NASDAQ/GS: STLD) is one of the biggest domestic steel producers and metals recyclers in the United States. With facilities throughout the United States and in Mexico, the company produces a wide variety of steel products, such as hot roll, cold roll, and coated sheet steel, structural steel beams and shapes, rail, engineered special-bar-quality steel, cold finished steel, merchant bar products, specialty steel sections and steel joists. Plus, Steel Dynamics produces liquid pig iron and processes and sells ferrous and nonferrous scrap.

Steel Dynamics announced on May 14 that company founder Mark D. Millett, its president and chief executive officer, added the role of chairman of the board on that date. The chairmanship opened when Keith E. Busse, a company founder, stepped down from that post but stayed on as a director.

BoA gave a $68 share price objective to Steel Dynamics, based on valuation modeling and assumptions. Uncertainty about achieving the price target comes from steel and scrap price volatility, possible project delays, the course of the economic recovery and potential excess supply, the investment firm noted.

The stock price of Steel Dynamics has jumped 143.9% in the past 52 weeks and 75.6% in 2021, as of June 1. The company’s price-to-earnings ratio of 17.0 is less than half the S&P 500 Index’s 36.5.

Chart courtesy of www.StockCharts.com

Ternium’s Upward Trend Takes It Among 5 Metals Stocks to Buy

Another fast-rising steel stock has been Luxembourg-based Ternium (NYSE:TX). Its share price has leaped 150.5% in the past 52 weeks and 37.0% in 2021, as of June 1. In addition, the company’s price-to-earnings ratio of 5.2 is at a huge discount compared to the S&P 500 Index’s 36.5.

Chart courtesy of www.StockCharts.com

Ternium manufactures and processes a wide range of steel products using advanced technology. With 17 production centers in Argentina, Brazil, Colombia, United States, Guatemala and Mexico, the company manufactures high-complexity steel products that supply the main industries and markets in the region.

Ternium describes itself as Latin America’s top flat steel producer, providing high-value-added steel products for customers in the automotive, home appliances, HVAC, construction, capital goods, container, food and energy industries. After reaching record earnings before interest, taxes, depreciation and amortization (EBITDA) in the first quarter of 2021, the guidance offered by Ternium management called for producing a sequentially higher EBITDA in the second quarter largely driven by rising realized steel prices, offset partially by higher cost per ton due to increased iron ore, scrap and slab costs affecting the company’s inventories.

5 Metals Stocks to Buy Sidestep Worst of COVID-19 Crisis

Progress in the COVID-19 vaccination process gives renewed hope that new cases and deaths could fall further in the weeks and ahead. Part of the optimism stems from the Food and Drug Administration (FDA) recently approving a third COVID-19 vaccine, manufactured by Johnson & Johnson (NYSE:JNJ), which requires just one dose rather than two, as the first two market entrants do.

COVID-19 cases worldwide have reached 171,046,311 and caused 3,557,281 deaths, as of June 1, according to Johns Hopkins University. Also as of June 1, U.S. COVID-19 cases totaled 33,287,124 and have resulted in 595,211 deaths. America has the dreaded distinction as the country with the most COVID-19 cases and deaths.

The five metals stocks to buy offer an inflation hedge to investors, amid a $1.9 trillion federal stimulus package, increased COVID-19 vaccine availability and an improving economy. Those factors and others are fueling the five metals stocks to buy.

Paul Dykewicz, www.pauldykewicz.com, is an accomplished, award-winning journalist who has written for Dow Jones, the Wall Street Journal, Investor’s Business Daily, USA Today, the Journal of Commerce, Seeking Alpha, GuruFocus and other publications and websites. Paul, who can be followed on Twitter @PaulDykewicz, is the editor of StockInvestor.com and DividendInvestor.com, a writer for both websites and a columnist. He further is editorial director of Eagle Financial Publications in Washington, D.C., where he edits monthly investment newsletters, time-sensitive trading alerts, free e-letters and other investment reports. Paul previously served as business editor of Baltimore’s Daily Record newspaper. Paul also is the author of an inspirational book, “Holy Smokes! Golden Guidance from Notre Dame’s Championship Chaplain,” with a foreword by former national championship-winning football coach Lou Holtz. The book is great as a gift and is endorsed by Joe Montana, Joe Theismann, Ara Parseghian, “Rocket” Ismail, Reggie Brooks, Dick Vitale and many others. Call 202-677-4457 for special Father’s Day gift pricing!

 

The post 5 Metals Stocks to Buy to Buffer Inflation During an Economic Bounce appeared first on Stock Investor.

Read More

Related Topics:
Continue Reading

International

United Airlines adds new flights to faraway destinations

The airline said that it has been working hard to "find hidden gem destinations."

Published

4 hours ago

on

March 8, 2024

By

Since countries started opening up after the pandemic in 2021 and 2022, airlines have been seeing demand soar not just for major global cities and popular routes but also for farther-away destinations.

Numerous reports, including a recent TripAdvisor survey of trending destinations, showed that there has been a rise in U.S. traveler interest in Asian countries such as Japan, South Korea and Vietnam as well as growing tourism traction in off-the-beaten-path European countries such as Slovenia, Estonia and Montenegro.

Related: 'No more flying for you': Travel agency sounds alarm over risk of 'carbon passports'

As a result, airlines have been looking at their networks to include more faraway destinations as well as smaller cities that are growing increasingly popular with tourists and may not be served by their competitors.

The Philippines has been popular among tourists in recent years.

Shutterstock

United brings back more routes, says it is committed to 'finding hidden gems'

This week, United Airlines  (UAL)  announced that it will be launching a new route from Newark Liberty International Airport (EWR) to Morocco's Marrakesh. While it is only the country's fourth-largest city, Marrakesh is a particularly popular place for tourists to seek out the sights and experiences that many associate with the country — colorful souks, gardens with ornate architecture and mosques from the Moorish period.

More Travel:

"We have consistently been ahead of the curve in finding hidden gem destinations for our customers to explore and remain committed to providing the most unique slate of travel options for their adventures abroad," United's SVP of Global Network Planning Patrick Quayle, said in a press statement.

The new route will launch on Oct. 24 and take place three times a week on a Boeing 767-300ER  (BA)  plane that is equipped with 46 Polaris business class and 22 Premium Plus seats. The plane choice was a way to reach a luxury customer customer looking to start their holiday in Marrakesh in the plane.

Along with the new Morocco route, United is also launching a flight between Houston (IAH) and Colombia's Medellín on Oct. 27 as well as a route between Tokyo and Cebu in the Philippines on July 31 — the latter is known as a "fifth freedom" flight in which the airline flies to the larger hub from the mainland U.S. and then goes on to smaller Asian city popular with tourists after some travelers get off (and others get on) in Tokyo.

United's network expansion includes new 'fifth freedom' flight

In the fall of 2023, United became the first U.S. airline to fly to the Philippines with a new Manila-San Francisco flight. It has expanded its service to Asia from different U.S. cities earlier last year. Cebu has been on its radar amid growing tourist interest in the region known for marine parks, rainforests and Spanish-style architecture.

With the summer coming up, United also announced that it plans to run its current flights to Hong Kong, Seoul, and Portugal's Porto more frequently at different points of the week and reach four weekly flights between Los Angeles and Shanghai by August 29.

"This is your normal, exciting network planning team back in action," Quayle told travel website The Points Guy of the airline's plans for the new routes.

Read More

Continue Reading

International

Walmart launches clever answer to Target’s new membership program

The retail superstore is adding a new feature to its Walmart+ plan — and customers will be happy.

Published

4 hours ago

on

March 8, 2024

By

It's just been a few days since Target  (TGT)  launched its new Target Circle 360 paid membership plan. 

The plan offers free and fast shipping on many products to customers, initially for $49 a year and then $99 after the initial promotional signup period. It promises to be a success, since many Target customers are loyal to the brand and will go out of their way to shop at one instead of at its two larger peers, Walmart and Amazon.

Related: Walmart makes a major price cut that will delight customers

And stop us if this sounds familiar: Target will rely on its more than 2,000 stores to act as fulfillment hubs. 

This model is a proven winner; Walmart also uses its more than 4,600 stores as fulfillment and shipping locations to get orders to customers as soon as possible.

Sometimes, this means shipping goods from the nearest warehouse. But if a desired product is in-store and closer to a customer, it reduces miles on the road and delivery time. It's a kind of logistical magic that makes any efficiency lover's (or retail nerd's) heart go pitter patter. 

Walmart rolls out answer to Target's new membership tier

Walmart has certainly had more time than Target to develop and work out the kinks in Walmart+. It first launched the paid membership in 2020 during the height of the pandemic, when many shoppers sheltered at home but still required many staples they might ordinarily pick up at a Walmart, like cleaning supplies, personal-care products, pantry goods and, of course, toilet paper. 

It also undercut Amazon  (AMZN)  Prime, which costs customers $139 a year for free and fast shipping (plus several other benefits including access to its streaming service, Amazon Prime Video). 

Walmart+ costs $98 a year, which also gets you free and speedy delivery, plus access to a Paramount+ streaming subscription, fuel savings, and more. 

An employee at a Merida, Mexico, Walmart. (Photo by Jeffrey Greenberg/Universal Images Group via Getty Images)

Jeff Greenberg/Getty Images

If that's not enough to tempt you, however, Walmart+ just added a new benefit to its membership program, ostensibly to compete directly with something Target now has: ultrafast delivery. 

Target Circle 360 particularly attracts customers with free same-day delivery for select orders over $35 and as little as one-hour delivery on select items. Target executes this through its Shipt subsidiary.

We've seen this lightning-fast delivery speed only in snippets from Amazon, the king of delivery efficiency. Who better to take on Target, though, than Walmart, which is using a similar store-as-fulfillment-center model? 

"Walmart is stepping up to save our customers even more time with our latest delivery offering: Express On-Demand Early Morning Delivery," Walmart said in a statement, just a day after Target Circle 360 launched. "Starting at 6 a.m., earlier than ever before, customers can enjoy the convenience of On-Demand delivery."

Walmart  (WMT)  clearly sees consumers' desire for near-instant delivery, which obviously saves time and trips to the store. Rather than waiting a day for your order to show up, it might be on your doorstep when you wake up. 

Consumers also tend to spend more money when they shop online, and they remain stickier as paying annual members. So, to a growing number of retail giants, almost instant gratification like this seems like something worth striving for.

Related: Veteran fund manager picks favorite stocks for 2024

Read More

Continue Reading

International

President Biden Delivers The “Darkest, Most Un-American Speech Given By A President”

President Biden Delivers The "Darkest, Most Un-American Speech Given By A President"

Having successfully raged, ranted, lied, and yelled through…

Published

6 hours ago

on

March 8, 2024

By

President Biden Delivers The "Darkest, Most Un-American Speech Given By A President"

Having successfully raged, ranted, lied, and yelled through the State of The Union, President Biden can go back to his crypt now.

Whatever 'they' gave Biden, every American man, woman, and the other should be allowed to take it - though it seems the cocktail brings out 'dark Brandon'?

Tl;dw: Biden's Speech tonight ...

  • Fund Ukraine.

  • Trump is threat to democracy and America itself.

  • Abortion is good.

  • American Economy is stronger than ever.

  • Inflation wasn't Biden's fault.

  • Illegals are Americans too.

  • Republicans are responsible for the border crisis.

  • Trump is bad.

  • Biden stands with trans-children.

  • J6 was the worst insurrection since the Civil War.

(h/t @TCDMS99)

Tucker Carlson's response sums it all up perfectly:

"that was possibly the darkest, most un-American speech given by an American president. It wasn't a speech, it was a rant..."

Carlson continued: "The true measure of a nation's greatness lies within its capacity to control borders, yet Bid refuses to do it."

"In a fair election, Joe Biden cannot win"

And concluded:

“There was not a meaningful word for the entire duration about the things that actually matter to people who live here.”

Victor Davis Hanson added some excellent color, but this was probably the best line on Biden:

"he doesn't care... he lives in an alternative reality."

*  *  *

Watch SOTU Live here...

*   *   *

Mises' Connor O'Keeffe, warns: "Be on the Lookout for These Lies in Biden's State of the Union Address." 

On Thursday evening, President Joe Biden is set to give his third State of the Union address. The political press has been buzzing with speculation over what the president will say. That speculation, however, is focused more on how Biden will perform, and which issues he will prioritize. Much of the speech is expected to be familiar.

The story Biden will tell about what he has done as president and where the country finds itself as a result will be the same dishonest story he's been telling since at least the summer.

He'll cite government statistics to say the economy is growing, unemployment is low, and inflation is down.

Something that has been frustrating Biden, his team, and his allies in the media is that the American people do not feel as economically well off as the official data says they are. Despite what the White House and establishment-friendly journalists say, the problem lies with the data, not the American people's ability to perceive their own well-being.

As I wrote back in January, the reason for the discrepancy is the lack of distinction made between private economic activity and government spending in the most frequently cited economic indicators. There is an important difference between the two:

  • Government, unlike any other entity in the economy, can simply take money and resources from others to spend on things and hire people. Whether or not the spending brings people value is irrelevant

  • It's the private sector that's responsible for producing goods and services that actually meet people's needs and wants. So, the private components of the economy have the most significant effect on people's economic well-being.

Recently, government spending and hiring has accounted for a larger than normal share of both economic activity and employment. This means the government is propping up these traditional measures, making the economy appear better than it actually is. Also, many of the jobs Biden and his allies take credit for creating will quickly go away once it becomes clear that consumers don't actually want whatever the government encouraged these companies to produce.

On top of all that, the administration is dealing with the consequences of their chosen inflation rhetoric.

Since its peak in the summer of 2022, the president's team has talked about inflation "coming back down," which can easily give the impression that it's prices that will eventually come back down.

But that's not what that phrase means. It would be more honest to say that price increases are slowing down.

Americans are finally waking up to the fact that the cost of living will not return to prepandemic levels, and they're not happy about it.

The president has made some clumsy attempts at damage control, such as a Super Bowl Sunday video attacking food companies for "shrinkflation"—selling smaller portions at the same price instead of simply raising prices.

In his speech Thursday, Biden is expected to play up his desire to crack down on the "corporate greed" he's blaming for high prices.

In the name of "bringing down costs for Americans," the administration wants to implement targeted price ceilings - something anyone who has taken even a single economics class could tell you does more harm than good. Biden would never place the blame for the dramatic price increases we've experienced during his term where it actually belongs—on all the government spending that he and President Donald Trump oversaw during the pandemic, funded by the creation of $6 trillion out of thin air - because that kind of spending is precisely what he hopes to kick back up in a second term.

If reelected, the president wants to "revive" parts of his so-called Build Back Better agenda, which he tried and failed to pass in his first year. That would bring a significant expansion of domestic spending. And Biden remains committed to the idea that Americans must be forced to continue funding the war in Ukraine. That's another topic Biden is expected to highlight in the State of the Union, likely accompanied by the lie that Ukraine spending is good for the American economy. It isn't.

It's not possible to predict all the ways President Biden will exaggerate, mislead, and outright lie in his speech on Thursday. But we can be sure of two things. The "state of the Union" is not as strong as Biden will say it is. And his policy ambitions risk making it much worse.

*  *  *

The American people will be tuning in on their smartphones, laptops, and televisions on Thursday evening to see if 'sloppy joe' 81-year-old President Joe Biden can coherently put together more than two sentences (even with a teleprompter) as he gives his third State of the Union in front of a divided Congress. 

President Biden will speak on various topics to convince voters why he shouldn't be sent to a retirement home.

According to CNN sources, here are some of the topics Biden will discuss tonight:

  • Economic issues: Biden and his team have been drafting a speech heavy on economic populism, aides said, with calls for higher taxes on corporations and the wealthy – an attempt to draw a sharp contrast with Republicans and their likely presidential nominee, Donald Trump.

  • Health care expenses: Biden will also push for lowering health care costs and discuss his efforts to go after drug manufacturers to lower the cost of prescription medications — all issues his advisers believe can help buoy what have been sagging economic approval ratings.

  • Israel's war with Hamas: Also looming large over Biden's primetime address is the ongoing Israel-Hamas war, which has consumed much of the president's time and attention over the past few months. The president's top national security advisers have been working around the clock to try to finalize a ceasefire-hostages release deal by Ramadan, the Muslim holy month that begins next week.

  • An argument for reelection: Aides view Thursday's speech as a critical opportunity for the president to tout his accomplishments in office and lay out his plans for another four years in the nation's top job. Even though viewership has declined over the years, the yearly speech reliably draws tens of millions of households.

Sources provided more color on Biden's SOTU address: 

The speech is expected to be heavy on economic populism. The president will talk about raising taxes on corporations and the wealthy. He'll highlight efforts to cut costs for the American people, including pushing Congress to help make prescription drugs more affordable.

Biden will talk about the need to preserve democracy and freedom, a cornerstone of his re-election bid. That includes protecting and bolstering reproductive rights, an issue Democrats believe will energize voters in November. Biden is also expected to promote his unity agenda, a key feature of each of his addresses to Congress while in office.

Biden is also expected to give remarks on border security while the invasion of illegals has become one of the most heated topics among American voters. A majority of voters are frustrated with radical progressives in the White House facilitating the illegal migrant invasion. 

It is probable that the president will attribute the failure of the Senate border bill to the Republicans, a claim many voters view as unfounded. This is because the White House has the option to issue an executive order to restore border security, yet opts not to do so

Maybe this is why? 

While Biden addresses the nation, the Biden administration will be armed with a social media team to pump propaganda to at least 100 million Americans. 

"The White House hosted about 70 creators, digital publishers, and influencers across three separate events" on Wednesday and Thursday, a White House official told CNN. 

Not a very capable social media team... 

The administration's move to ramp up social media operations comes as users on X are mostly free from government censorship with Elon Musk at the helm. This infuriates Democrats, who can no longer censor their political enemies on X. 

Meanwhile, Democratic lawmakers tell Axios that the president's SOTU performance will be critical as he tries to dispel voter concerns about his elderly age. The address reached as many as 27 million people in 2023. 

"We are all nervous," said one House Democrat, citing concerns about the president's "ability to speak without blowing things."

The SOTU address comes as Biden's polling data is in the dumps. 

BetOnline has created several money-making opportunities for gamblers tonight, such as betting on what word Biden mentions the most. 

As well as...

We will update you when Tucker Carlson's live feed of SOTU is published. 

Tyler Durden Fri, 03/08/2024 - 07:44

Read More

Continue Reading

Trending