Today is June 25, and here are the stories I am watching.
1. Iran says channel for diplomacy is closed ‘forever’
A spokesman for Iran’s Foreign Ministry said in a tweet Tuesday that the new U.S. sanctions that target Supreme Leader Ayatollah Ali Khamenei and other officials close any channel for diplomacy between the two countries “forever.”
DML: Iran cries wolf more often than Trump vows to seal the border.
2-Trump wonders if Biden has a ‘big secret’
Ahead of the first Democratic primary presidential debates on Wednesday and Thursday, President Trump has renewed his attacks on Joe Biden, this time questioning why former President Barack Obama hasn’t endorsed his former vice president. In a new interview with the Hill, Trump wondered if there was a “big secret” as to why Obama has not backed Biden. “How he doesn’t get President Obama to endorse him, there has to be some reason why he’s not endorsing him,” Trump told The Hill. “He was the vice president. They seemed to have gotten along. President Obama not endorsing him is rather… a big secret.”
DML: Truth be told, Obama isn’t going to endorse anyone until there is a clear nominee. That’s what former presidents do.
3-Investors are glum, even with stocks at all-time highs. The share of individuals who say they expect U.S. stocks to rise over the next six months has held below 30% for six consecutive weeks. Some analysts say a bit of doubt is better than steady euphoria.
DML: I repeat what I wrote yesterday: SELL.
4-Bernie Sanders proposes to wipe out student debt. The Democratic presidential candidate is proposing to forgive all $1.5 trillion in U.S. student-loan debt with taxpayer dollars, entering a policy debate that resonates with young and educated voters.
DML: For as long as Bernie can pick up the bill with his next book, lets do it! Otherwise, this man is a total clown.
5-Trump slump hurts media. Digital demand for Trump-related content (number of article views compared to number of articles written) has dropped 29% between the first 6 months of the Trump presidency and the most recent 6 months, according to data from traffic analytics company Parse.ly.
DML: We can attest to these numbers.
6-Arizona hit hard with homeless. The national Kids Count report released in mid-June shows housing affordability in Arizona continues to drop. The state now ranks 39th in the country, and that is making it more difficult for families to find and keep a home. On any given night, nearly 10,000 Arizonans are homeless. Many of them are children struggling to stay in school and graduate.
DML: I urge you to grab a copy of UNITED STATES of TENTS and help me spread the TRUTH about homelessness. Go to DennisMichaelLynch.com/homeless