📣 Biden’s new proposed tax plan introduces all sorts of tax increases:

- Increases top tax rate from 37% to 39.6%.
- Increases capital gains tax from 20% to 39.6% for those making over $1M.
- Removes ability to realize losses on crypto trades.
- Increases corporate tax rate from 21% to 28%.
- Adds a new tax to small business owners.

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📊 Central bank gold purchases in 2022 hit all-time high since 1950

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🇱🇧 Lebanon banks 'have no liquidity,' says bank association secretary general

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🇺🇸US INITIAL JOBLESS CLAIMS (MAR)

ACTUAL: 211K
EXPECTED: 195K
PREVIOUS: 190K

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📊 World Indices :

SPX - 3,992.01 (0.14%)

🚀 Cryptocurrencies :

Bitcoin USD - 21,717.29 (-1.23%)
Ethereum USD - 1,538.95 (-0.76%)

🌟 Commodities :

Silver - 20.215 (0.32%)
Crude - 77.15 (0.64%)
Gold - 1,827.10 (0.47%)

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📊 US buyback announcements are running at a record pace so far in 2023 currently at $261 Billion

~70% of that is from just 5 companies:

Chevron $CVX - $75B
Facebook $META - $40B
Goldman Sachs $GS - $30B
Booking $BKNG - $20B
Salesforce $CRM - $20B

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📣 Nvidia $NVDA now has a larger market cap than Tesla $TSLA

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📈 The pound pushes higher, and is now flirting with the $1.19 level

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📣 Facebook parent company META is working a decentralized social media Twitter competitor.

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📊 World Indices :

SPX - 3,918.32 (-1.85%)

🚀 Cryptocurrencies :

Bitcoin USD - 20,208.79 (-6.95%)
Ethereum USD - 1,426.52 (-7.31%)

🌟 Commodities :

Crude - 76.18 (0.61%)
Gold - 1,846.70 (0.66%)
Silver - 20.530 (1.81%)

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🚨🚨🚨 Are we witnessing a banking crisis?

• Silicon Valley Bank (SIVB) -60%
• First Republic Bank (FRC) -60%

And more….

Banks across the board have been selling off.

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🇺🇸 Unemployment rate in the US based on education level

Didn't finish high school - 5.8% unemployment rate
Finished High school no college - 3.6%
Some college or associate degree - 3.2%
Bachelor's degree and higher - 2%

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