SHOCK: Americans' savings PLUMMETING

There may be no recession, but Americans are suffering ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ On paper, the economy is doing well. When you zoom in, the picture is dire. According to a recent survey of Americans 18 and up, almost a third have no more than $100 in their savings account (if they even have a savings account). That's a more than 10% jump compared to 2022. This is shocking considering that economists keep saying that the problem is that Americans are flush with cash. Which Americans? Shockingly, less than 20% of Americans 65 and older have more than $10,000 in their savings account. According to a survey from Bankrate in January, about half of Americans have less or no savings compared to a year ago. Just 43% said they could cover an emergency of $1,000 or more. A quarter said they would use their credit card - and we know how that ends up. Here's the vicious reality. Just because the economy is "doing well," that doesn't mean most Americans are. I think that's why President Biden's approval rating is so low, despite the economic recovery underway and the long-expected recession not materializing. No one is going to take care of us... and it's doubtful anyone in power really cares. A charitable interpretation is that they just don't know... after all, all the numbers are moving in the right direction. But the facts on the ground show most Americans are not prospering. They are suffering. We have to take responsibility for our own prosperity. No one else will. Keep Moving, Corey Snyder Publisher, Rogue Investing WORD ON THE STREET Blue Bails, White House Coke, Tipping Trouble - Jet Blue Ejects From American Airlines Partnership - The Department of Justice has successfully prevented Jet Blue from forming a partnership with American Airlines. A federal judge agreed with the DOJ that the agreement was anticompetitive. Now, Jet Blue is working on acquiring Spirit Airlines... but the DOJ has sued to block that too. - Biden Laughs Off Coke In The White House - Cocaine was found in the White House and the Secret Service reports that "our investigation is ongoing." President Joe Biden was asked about the incident and laughed it off. White House officials claim the Bidens were not on the premises when the cocaine was discovered, and it was found in an area frequently used for tours. No, not this kind of Coke - No, I'm Not Tipping You For Something I Picked Up - A new survey from Bankrate found that two-thirds of Americans have negative views about tipping. About 30% say "tipping culture has gotten out of control." Tipping has expanded rapidly over the last few years, with digital prompts often asking customers to tip for services that previously went without tips. - Fed May Be Plotting More Rate Hikes - Minutes from the June 13-14 Federal Reserve meeting showed that some Federal Reserve officials were favoring another rate hike. They decided to leave rates alone - for now. However, a majority "judged that additional increases in the target federal funds rate during 2023 would be appropriate." Hoo-boy. HOT SPOTS: What's Going on in Geopolitics - Navy Claims Iran Tried To Seize Tankers - The Islamic Republic of Iran has repeatedly tried to seize oil tankers in recent months. In the latest attempt, the U.S. Navy claims Iran tried to take two oil tankers operating in international waters near Oman. The Iranians fired on one vessel, but fled after the approach of American naval vessels. - Ruble Falls To 15-Month Low Against The Dollar - The ruble hit its lowest level against the dollar since March 2022. The currency has been suffering ever since an abortive coup by the paramilitary Wagner Group shook faith in the country's political leadership. - China Strikes Back On Sanctions - China set export restrictions on gallium and germanium, two minerals that are needed for solar energy, missile systems, and semiconductors. It's almost certainly a direct response to America's own export restrictions on semiconductors and (possibly) AI. CUTTING EDGE: What[']( Happening In Tech - Authors Say AI Stole Their Work - The problem with AIs is that they have to be trained on what actual human beings have produced. And if there is one thing we know about writers, it's this - they demand to be paid. Two authors have filed suit against OpenAI. Paul Tremblay and Mona Awad allege that ChatGPT has been trained on their books, which would violate copyright law. - Meta Launches Threads A Day Early - "Let's do this," posted Mark Zuckerberg. "Welcome to Threads." The Instagram spinoff, which has been advertised as a Twitter-killer, launched a day early and prompted Meta Platforms stock to spike immediately after its debut. - Musk Seems To Back Limiting Suffrage To Parents - In response to a tweet that said "democracy is probably unworkable long term without limiting suffrage to parents," Elon Musk responded, "Yup." Musk has also written that the "childless have little stake in the future." I'm telling you, the media is going to rip Twitter and Tesla apart FOR YOUR CONSIDERATION --------------------------------------------------------------- "In short, the bearish case for China is only intensifying."China imposed export controls designed to punish the United States... but it's Beijing that is acting out of fear. Mr. X shows why it's China, not the United States, that is being forced into a desperate situation. [CHINA IS GETTING CHOKED OUT]( 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. Also, our traders are real traders and may have financial interests in the companies discussed. Please see our [Terms and Conditions]( for more information. Sent to:{EMAIL} [Unsubscribe]( Rogue Investing, 721 Court St., Unit #1, Lynchburg, VA 24504, United States