President Donald Trump on Monday announced at the White House that he would act swiftly to end the widespread violence and looting in Americaâs major cities.
Trouble viewing this email? [Read it online](
[header]
---------------------------------------------------------------
ISSUE JUNE 2, 2020
Â
[leading]
Wall Street rallied after a weekend chock full of protests across the U.S. because the market is blind to social justice, CNBCâs Jim Cramer said Monday.
âAt the end of the day, the market has no conscience. Investors are simply trying to make money, and thatâs why theyâre crowding into the stay-at-home economy stocks,â the âMad Moneyâ host said, âbecause the stay-at-home economy just got a major extension for many investors [and] right or wrong, thoughtless or cerebral, itâs worth exploiting.â
The Dow Jones Industrial Average picked up almost 92 points, or 0.36%, to close the session at 25,475.02. The S&P 500 rose 0.38% to 3,055.73, and the Nasdaq Composite moved 0.66% to 9,552.05.
When it comes to the market, investors have their own beliefs and cast judgments on current events, but the market generally doesnât react to social justice â if the demonstrations donât impact the corporationâs bottom line, said Cramer, who voiced his support for peaceful protesters.
âUntil very recently, nobody was investing with an eye toward making the world a better place â whatever that might mean,â he said.
âWhile thereâs now a younger generation that invests with their hearts as well as their heads â and I share a lot of that sentiment â for the most part, people still pick stocks because theyâre trying to make money.â
He is worried, however, how the mass demonstrations nationwide could impact public health as the country continues to grapple with both the coronavirus pandemic and tough economic conditions. While protesters have good reason to take to the streets, their congregation in close spaces could lead to another spike in Covid-19 infections, leading to another reason for employers to delay calling employees back into the office, Cramer said.
âThatâs why Iâm concerned that weâre going to get a huge second wave of infections, far earlier than people thought,â he said. âPlus, in the places where protests turned violent, it gives businesses another reason to shut down or keep their employees working remotely. From this stock marketâs perspective, everything that happened this weekend means the stay-at-home economy will last longer than we thought.â
Given those factors, the former hedge-fund manager recommended that investors keep investing into the stay-at-home plays. His suggestions came after Michiganâs Gretchen Whitmer earlier that day became the latest governor to lift a stateâs stay-home order as the country gradually reopens the economy.
[More Here](
>> [Tell us what you think](mailto:support@westwingwire.com?subject=I love it&body=Keep it coming ð)
Â
[logic]
UNBELIEVABLEâ¦
Democrat presidential hopeful Joe Biden suggested Monday that police training would change for the better if it included teaching officers to shoot unarmed people in the leg rather than firing a fatal shot.
Bidenâs comments were made at a meeting at Bethel AME Church in Wilmington, Delaware, discussing the death of George Floyd at the hands of Minneapolis police and the violent unrest that has swept the nation in response.
âThere are a lot of things that can changeâ regarding police training, Biden told community leaders, moments before suggesting officers should aim for non-lethal wounds in a suspectâs extremities.
[liberal]
One of those things is how police react when being charged by an âunarmedâ person, although Biden described the hypothetical âunarmedâ person as having âa knife or something.â
He continued, âTo shoot them in the leg instead of the heart is a very different thing.â
Bidenâs advice on shooting to wound instead of to kill comes as he stresses his plan to set up a police overview board during the first 100 days of his administration should he win in November.
[More Here](
Â
[trumpspacer]
President Donald Trump on Monday announced at the White House that he would act swiftly to end the widespread violence and looting in Americaâs major cities.
After his speech, the president walked to the historic St. Johnâs Episcopal Church outside the White House where rioters lit a damaging fire in the basement on Sunday.
âMy first and highest duty as president is to defend our great country and the American people,â Trump said during his speech. âI swore an oath to uphold the laws of our nation and that is exactly what I will do.â
As the president spoke, booms of flash grenades sounded outside the White House as law enforcement pushed protesters out of Lafayette Park.
Trump promised to end the riots with âimmediate actionâ after three consecutive nights of rioting and looting in Americaâs major cities, but stopped short of invoking the Insurrection Act, allowing the president to send federal troops to quell violence.
âWe will end it now,â Trump said, noting that he had urged Governors and mayors to deploy the National Guard to help them reduce the violence earlier Monday.
âIf a city or a state refuses to take the actions that are necessary to defend the life and property of their residents, then I will deploy the United States military and quickly solve the problem for them,â he said.
After his speech, the president walked through Lafayette Park to the historic church that was closed and boarded up after the violence on Sunday. He stood for a few moments with members of his cabinet and White House staff.
The president also stood and held up a Bible in front of the church.
During his speech at the White House, Trump noted that the church was lit on fire in the basement and that the Lincoln Memorial and the World War II memorial were desecrated with graffiti in Washington, DC.
The president also pointed to a man in Dallas, Texas who was beaten by a mob and left for dead in the streets, and a woman attacked in Rochester, New York by âdangerous thugs.â He also mentioned the death of a black federal officer, Patrick Underwood, who was shot and killed in Oakland, California.
âThese are not acts of peaceful protest. These are acts of domestic terror,â Trump said. â The destruction of innocent life and the spilling of innocent blood is an offense to humanity and a crime against God.â
[More Here](
[Love it](mailto:support@westwingwire.com?subject=I love it&body=Keep it coming ð)Â Â Â Â Â Â [Hate it](mailto:support@westwingwire.com?subject=I hate it&body=You must improve)
[crazy]
How about uncool but definitely crazy.
During the violent looting and rioting that erupted in Rochester, New York, on Saturday, ostensibly in protest to the killing of George Floyd, a 24-year-old woman and her husband were brutally beaten by eight men wielding metal clubs and two-by-fours outside of the Rochester Fire Equipment store.
The woman, later identified as Madison Mavity, was apparently trying to stop the men from looting and vandalizing Kim Dao Repairs.
The disturbing video quickly went viral online and social media sparked outrage, though the mainstream media has largely ignored the incident. President Donald Trump, did, however, reference the attack during a Monday address calling for law and order nationwide.
âHorrifying video shows about eight men armed with metal clubs and wooden two-by-fours smashing the window of a jewelry store on Saturday afternoon, as the woman comes out of the building with her husband to plead with them,â The New York Post reported. âThe gang then turns on the couple, swinging the wooden planks and repeatedly punching the petite woman, knocking her to the ground.â
âI was just trying to help Kim Dao downstairs,â Mavity told Spectrum News.
âThey were broken into and vandalized. We were helping fix their window when more people came and rebroke everything. I was just trying to get them away.â
âI did have a slight concussion,â the woman told 13WHAM. âMy ears were ringing for a long time afterwards, and I have a huge bruise on the side of me.â
âMatti (Mavity) says her husband, Brett, took the brunt of it, injuring his hand when he tried to save her,â 13WHAM reported. âShe it all started when she tried to stop a group of looters at a store under her apartment.â
âI was definitely there, interrupting something that they wanted to do ⦠I jumped up and said, âGet out of here, get the (expletive) out of my house now,â and they came at me,â the woman added. âThe big one in the orange grabbed my shirt and spun me, and then it got all crazy.â
According to 13WHAM, âMatti says after she escaped her attackers, three other groups returned to the scene, one with a gas can. She and her husband fled in the middle of the night, no longer feeling safe.â
Mavity âsaid she has no regrets about standing up to her attackers, and she is currently recovering at a friendâs house while police search for the group of six or seven men who terrorized her and the owner of the store,â the report noted.
[More Here](
How was todays issue?
[Love it](mailto:support@westwingwire.com?subject=I love it&body=Keep it coming ð)Â Â Â Â Â Â [Hate it](mailto:support@westwingwire.com?subject=I hate it&body=You must improve)
Trading involves risk. The information provided is NOT trading advice. Neither the Editors, the Publisher, nor any of their respective affiliates make any guarantee or other promise as to any results that may be obtained from the newsletter. Past performance is no guarantee of future performance. This recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability for any purchase or order made from any company or entity mentioned or recommended in this email.
The information provided is for educational purposes only. Please contact your financial advisor for specific financial advice tailored to your personal circumstances. Actual results may differ. Nothing here constitutes a recommendation respecting the particular security illustrated.
Â
Savicom Ltd
160 City Road
London EC1V2NX
United Kingdom
You are subscribed to this email as {EMAIL}.
Click here to modify your [preferences]( or [unsubscribe](.
[delivered by Campaigner](