🔥 Hot Or Not

All eyes on March CPI, why Trump is getting sued again, the biggest bond bet ever and more

Happy Wednesday Zingernation! I remember how excited I was to get behind the wheel and go where I wanted when I wanted when I first got my license in 2011. It was a simpler time; McDoubles were only $1, you didn’t need to take out a loan to buy concert tickets, and a gallon of gas was $3.80.

Now, a McDouble is $3.39, I had to pull money out of my 401k to buy my girlfriend T Swift tickets (ok fine, they were for me) and a gallon of gas is $3.60. Wait, what? Hey, I guess at least something is cheaper. But gas prices have still been on an uptrend over the last few months, which we might see reflected in today’s inflation report.

Plus, don’t miss out on Wall Street veteran Marc Chaikin’s picks using his proprietary system for finding 10X stocks.

And, crypto is so back. Billions of dollars are flowing into the new Bitcoin ETFs, driving prices to near all-time highs. Join thousands of engaged readers of Future Finance - our FREE digital assets newsletter.

MARKET SNAPSHOT

Yesterday: Buy the dippers won again. The market sold off early in the session as traders appeared tentative ahead of this morning’s inflation report, but then the bulls came back and brought the $SPY and $QQQs back into the green before the fat lady sang at 4 pm ET.

On Our Radar: Ok we haven’t even gotten past the introduction part of the newsletter and this will be my third time mentioning the CPI report. Can you tell that’s today’s top story? Expectations are for a 0.3% CPI in March, down from the 0.4% we got in Feb. So, much like the seventh grade, the biggest question is ‘hot or not?’

TOP STORY
donald trump price GIF by Election 2016

Basically: Two co-founders of Trump Media & Technology Group filed a lawsuit against former President Donald Trump over the valuation of their stake in the company and dilution. The duo is now challenging the timing to wait to sell company shares.

What Happened: Trump owns around 60% of the newly public media company. The quadruple-indicted Republican presidential nominee could benefit from being able to sell shares ahead of a six-month share lockup.

Bail Out: The proceeds are expected to help Trump pay down a $454 million-plus judgment from his New York civil fraud case. Trump posted a $175 million bond in that case to avert potential asset seizure by the state.

Why It Matters: Trump Media & Technology Group (TMTG) co-founders Andy Litinsky and Wes Moss are challenging the share lockup and accusing Trump of retaliating against their previous lawsuit by locking their shares up for six months.

Click here to read more.

PRESENTED BY CHAIKIN ANALYTICS

Don't miss out on unprecedented gains with Wall Street veteran Marc Chaikin's revolutionary system for detecting 10X stocks

With nearly 50 years of experience, Chaikin's system pinpointed stocks like Novavax (NVAX), BioNTech (BNTX), Blink Charging (BLNK), and RIOT Blockchain (RIOT), generating gains of up to 10,090%. 

Now, Chaikin has set his sights on the AI industry, revealing his top pick for 2024 in an exclusive interview. This "under-the-radar" stock, partnered with a major AI player is poised for explosive growth. 

Get the name and ticker symbol for free and seize this opportunity now. Click here to access Chaikin's full prediction.

FIVE ZINGERS

Stand By Me: Jim Cramer isn’t ditching his darlings NVIDIA and Eli Lilly, despite the market leaders displaying recent weakness. Here’s why.

The Halves And The Halve Nots: Executives at some of the largest crypto-mining companies spoke to Benzinga about what the upcoming Bitcoin halving event will mean for the industry.

I’ll Take The Under: On how long prop betting will last for college athletes. Here’s what the president of the NCAA had to say about it.

Speaking Of Bets: Someone placed the largest bet ever on Fed rate cuts ahead of this morning’s report. Here are the details.

What The Truck: The trucking industry is having a tough year as a record number of drivers are refusing to take drug tests.

ONE FOR THE ROAD
Joe Biden GIF by CBS News

In Short: The White House announced a new attempt to forgive student debt to almost 30 million Americans this week.

Some Context: For 30 years, college tuition prices have increased faster than median incomes. As a result, college graduates are saddled with heavy student debt, impacting their ability to buy homes, start a family, travel, invest, or build savings.

Circling Back: This has become an increasingly complex problem for lower- and middle-income Americans. The Biden administration is now revising a post-pandemic measure that attempted to wipe out $400 billion of student debt but was blocked last year by the Supreme Court.

Final Push: In the context of the 2024 election, the new proposal can be read as a final effort to win the hearts of a significant portion of the population currently struggling with student debt.

Click here to read more and check out the companies that might suffer.

PRESENTED BY CHAIKIN ANALYTICS

Don't miss out on unprecedented gains with Wall Street veteran Marc Chaikin's revolutionary system for detecting 10X stocks

With nearly 50 years of experience, Chaikin's system pinpointed stocks like Novavax (NVAX), BioNTech (BNTX), Blink Charging (BLNK), and RIOT Blockchain (RIOT), generating gains of up to 10,090%. 

Now, Chaikin has set his sights on the AI industry, revealing his top pick for 2024 in an exclusive interview. This "under-the-radar" stock, partnered with a major AI player is poised for explosive growth. 

Get the name and ticker symbol for free and seize this opportunity now. Click here to access Chaikin's full prediction.