Odds of a default suddenly INCREASE

Negotiations set to begin again today ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ The odds of a default are suddenly increasing. GOP leaders called off negotiations until President Joe Biden returned from the G-7 Summit. And other leaders evidently take the prospect of a possible American default so seriously that they were grilling Treasury Secretary Janet Yellen about it. President Biden has already abandoned his plans to visit Australia and Papua New Guinea. Negotiations are supposed to begin again today. Speaker of the House Kevin McCarthy is doing the cable news circuit, trying to raise opposition to more federal spending. Meanwhile, Democrats are entertaining using the 14th Amendment to unilaterally raise the debt limit. That would undoubtedly go to the Supreme Court, and cause a further delay. It still seems very questionable that the United States is going to default. However, the consequences would be so catastrophic that even the slim possibility of it could cause the market to plummet. This could create a major opportunity - if we see the the market collapse, that could be a great chance for investors to grab some territory before Congress cuts a deal. (If you're a trader who looks for opportunities in these kind of scenarios: [WATCH THIS]( If we are going to see a default, we have more than a week to go - the deadline remains June 1. Keep Moving, Corey Snyder Publisher, Rogue Investing WORD ON THE STREET Negotiations Delayed, DOJ Undoes Jet Blue, Powell Provides Hope - "I Thought This Was America? Huh? I Thought This Was America?" - Probably some annoyed executives at leading airlines right now. American Airlines and JetBlue Airways have been told to end their partnership in the northeast following a lawsuit from the Department of Justice. Attorney General Merrick Garland called it a "win for Americans who rely on competition between airlines to travel affordably." - McCarthy Raises The Stakes - Speaker of the House Kevin McCarthy accused the White House of having "moved backwards" and said negotiations would only continue when President Joe Biden returned from the G-7 Summit. President Joe Biden said that he was not concerned about the crisis and said the United States would avoid default. McCarthy said the Democrats were ruled by their "socialist wing" while Biden complained about the GOP's "MAGA wing" - Letting Up On The Torture - It may not be relief, but we'll take what we can get. Federal Reserve Chairman Jerome Powell seemed to suggest that the Fed would NOT hike interest rates again at it's next meeting. "Having come this far, we can afford to look at the data and the evolving outlook and make careful assessments," he said. He also said "the risks of doing too much versus doing too little are becoming more balanced." - DeSantis Tries To Ditch Disney Judge - Governor Ron DeSantis's lawyers are trying to get U.S. District Judge Mark E. Walker to step down from a suit filed by Disney. The lawyers charge that Judge Walker made statements characterizing the governor's stance towards Disney as "retaliatory," possibly showing prejudice in this case. The lawyers better hope Walker steps down - I can't imagine this latest motion will endear him more to their cause. HOT SPOTS: What's Going on in Geopolitics - Bakhmut Falls To Wagner - The Wagner private military corporation has won its greatest victory in the Ukrainian campaign thus far, taking Bakhmut after a lengthy siege. Russia's Ministry of Defense confirmed the city's fall. Russia refers to the city as "Artyomovsk." If Ukraine's counteroffensive can't reclaim it, it may stay that way. - America Promises More Aid For Ukraine - President Joe Biden is reportedly about to direct another $375 million to Ukraine. Aid will include artillery rounds, anti-tank weapons, and armor. President Biden is also moving to help train Ukrainian pilots with F-16s. - The "Quad" Takes A Shot At China - Japan, India, Australia, and the United States issued a statement that seemed like a direct attack on China at the G7 Summit. "We strongly oppose destabilizing or unilateral actions that seek to change the status quo by force or coercion," it said. "We express serious concern at the militarization of disputed features, the dangerous use of coastguard and maritime militia vessels, and effort to disrupt other countries' offshore resource exploitation activities." CUTTING EDGE: What[']( Happening In Tech - It Has Begun - ChatGPT is coming to mobile devices with the launch of a new app from OpenAI. It will reportedly be free from ads and be free to use - at least for now. - Bezos Grabs $3.4 Billion NASA Contract – A comeback story for Blue Origin. After losing a competition for the lunar lander to SpaceX in 2021, Blue Origin won a new contract to design, develop, and fly another lunar lander. It includes a single test flight with no crew. - Instagram Prepares Twitter Alternative - Instagram has been testing a text-based app that will compete with Twitter. The new app may also be competitive with Mastodon and other Twitter competitors. Some major users may be tempted to defect out of anger with Elon Musk FOR YOUR CONSIDERATION --------------------------------------------------------------- "The push towards CBDCs (Central Bank Digital Currency) worldwide has been underway for several years. But, unfortunately, we’ve been so distracted by pandemics, the Ukrainian War, and inflation that people are only now recognizing the concerted push toward a cashless future." financial revolution is on the way... and few even see it coming. The dawn of Central Bank Digital Currencies could change everything... and not necessarily for the better. (Unless you thought 1984 was an instruction book rather than a warning). Dr. Brian Jones has what you need to know now. [EVERYTHING IS UNDER CONTROL]( 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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