OH NO: Jim Cramer says good times on the way

Does that mean we're doomed? ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Jim Cramer just predicted something that will be "fantastic" for investors. Needless to say, I take that as a sign we may be doomed. He argues that a deflationary wave may be on the way, especially for wages. Yet I think there may be reasons to be cautious. Inflation is still well ahead of the Fed's 2% target. We still have supply issues resulting from COVID-19, the continuing war in Ukraine, and the gradually escalating trade tensions between China and the United States. We also have the possibility of a debt crisis in the United States. I don't think we will actually have a default, but the uncertainty alone constitutes something that investors will need to consider. This is no time for overconfidence. This is a time for caution and a cool head. If there is an area for decisive moves, look at Big Tech... where we've had massive layoffs and the epoch-defining creative destruction of AI hitting home. This is leading to imbalances that are creating huge opportunities for investors. My friend Jeff Bishop just laid out what some of those look like... and frankly I trust him more than Jim Cramer. [See for yourself.]( Let's hit it hard this week. Keep Moving, Corey Snyder Publisher, Rogue Investing WORD ON THE STREET McDonald's Lawsuit, Chinese Sales Boost, Deficit Showdown - June 1 Deadline For Debt Limit - Republican leaders are scheduled to meet with the White House today as politicians struggle to avoid a default. The Biden Administration is conceding that spending cuts are on the table as the political climate shifts against the aggressive strategies that defined the COVID-19 era. - Recession May Be Already Underway - Profits of S&P 500 companies have already dropped 3.7% on average compared to a year ago. Even though more than three-quarters of firms have surpassed forecasts, that's considering that analysts have already cut their estimates for what they are expecting. Earnings have declined for two straight quarters - MCD Found Liable In McNugget Lawsuit - A hot McNugget caused second-degree burns to a four year-old girl, and McDonald's was found liable. A jury found the company failed to warn customers about heat risks. However, MCD dodged charges of negligence or that the McNuggets themselves were defective. The company said it was "deeply disappointed" with the split verdict. - China Propping Up Corporate America - Major American companies including Starbucks and Procter & Gamble report that sales in China are boosting their bottom lines. China's economy grew 4.5% in the last quarter, providing a lifeline to American companies grappling with domestic consumers cutting back. HOT SPOTS: What's Going on in Geopolitics - Runoff In Turkey - The opposition in Turkey has forced a runoff election, as Tayyip Erdogan and Kemal Kilicdaroglu will have a final showdown on May 28. Erdogan's early lead eroded as counting continued, with both sides accusing the other of wrongdoing. - 2 Russian Commanders Killed - Colonel Vyacheslav Makarov and Colonel Yevgeny Brovko, two senior Russian commanders, were killed as Ukraine launched its counterattack. Ukraine is trying to take back the city of Bakhmut, which Russian forces have tried and failed to secure for months. - Japan Warns Russia And China Cooperating More - Japanese Foreign Minister Yoshimasa Hayashi said China and Russia pose a threat not just to the international order but to Japan itself. "China and Russia are strengthening their military collaboration, including joint flights of their bombers and joint naval exercises in the vicinity of Japan," he said at a meeting in Sweden. CUTTING EDGE: What[']( Happening In Tech - Apple Unveils Satellite-Based Emergency SOS Feature - Customers in Australia and New Zealand will now be able to use their iPhone 14 to contact emergency services even if there is no cellular or wi-fi service. The emergency communication through satellite feature is expanding to new countries after being rolled out in Canada and the United States in November. - Fanatics Makes $150 Million Purchase Of PointsBet Assets – The American sports betting market is about to be remade. Fanatics Betting will be acquiring PointsBet's American business, gaining access to about 15 states. It creates a major competitor for DraftKings and FanDuel. - SpaceX Scores Another Successful Launch - A SpaceX Falcon 9 successfully delivered 56 Starlink satellites into orbit. The Falcon 9 was also able to successfully land on one of the company's drone ships in the Atlantic Ocean. The ship's name - Just Read The Instructions. More than 4,400 Starlink satellites have been launched FOR YOUR CONSIDERATION --------------------------------------------------------------- "The US spends far more money than it makes. The cost of federal payrolls, Medicare, Social Security, and various social programs far exceeds its income from tax revenues. Currently, we’re nearly $32 trillion in debt and counting." good news? We probably aren't going to default. The bad news? Brinksmanship has consequences of its own... and it's easy to see how this situation can spiral out of control. Dr. Brian Jones breaks down the showdown in DC - where the politicians are holding the American investor hostage. [MEXICAN STANDOFF IN DC]( Enjoying Dawn Report? Learn something, made some money? SHARE YOUR STORY WITH US OR TELL US HOW TO SERVE YOU BETTER. Let us know at info@rogueinvesting.com You’re receiving this email because you're signed up for alerts from Dawn Report. Make sure to keep them coming by [whitelisting Rogue Investing](. The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. 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