Welcome! Morgan Stanley and Goldman Sachs say this market hasn’t found a bottom yet.
Biden’s fist bump with Saudi’s Mohammed bin Salman failed to secure new oil.
Must read: The God Gap Helps Explain a 'Seismic Shift' in American Politics - The Dispatch
BREAKING: Homebuilder sentiment plunges in July as buyers pull back.
Headline: Voters of color are backing the GOP at historic levels - CNN
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Clip of the day: ???
Where’s Joe?
Democrats Hate Joe Manchin
Joe Manchin worked with fellow Democrats for over a year to craft climate legislation that could pass an evenly divided Senate, only to reject the proposal at the last minute. Manchin cited inflation and rising gas prices as the reason for rejecting the proposal. Regardless, Democrats are not handling the news well. This is from The New York Times:
Privately, Senate Democratic staff members seethed and sobbed on Thursday night, after more than a year of working nights and weekends to scale back, water down, trim and tailor the climate legislation to Mr. Manchin’s exact specifications, only to have it rejected inches from the finish line.
Following the Manchin news, President Biden announced he will take unspecified executive action on climate change.
Uvalde
Disturbing details about police inaction have emerged from the shooting in Uvalde, Texas that raise more questions than answers. Almost 400 law enforcement officers stood outside while 21 people were killed in an elementary school. A new report cites “systemic failures” that created a chaotic scene that lasted over an hour. Here’s more from AP News.
Federal judge blocks Education Department’s Title IX guidance that protects transgender students
This is from Politico:
A federal judge temporarily blocked the Education Department’s Title IX guidance, which prohibits discrimination based on gender identity and sexual orientation.
Eastern District of Tennessee Judge Charles Atchley in an order late Friday said the agency’s guidance “directly interferes with and threatens Plaintiff States’ ability to continue enforcing their state laws” that restrict transgender people from playing on sports teams and using bathrooms that match their gender identity.
Working Class and Hispanic Voters Are Losing Interest in the Party of Abortion, Gun Control and the January 6th Hearings
Go read this from The Liberal Patriot:
Strong progressives clearly live in a different world than Hispanic and working class voters. In strong progressive world, views on abortion, gun control and January 6th fit neatly into an overarching set of sociocultural beliefs that are highly salient to them and increasingly drive the Democratic party’s priorities and rhetoric. Hispanic and working class voters lack this overarching set of beliefs—in fact, don’t share many of them—and are much more concerned with the basics of their material lives. It should thus be no surprise that these voters are increasingly losing interest in the party of abortion, gun control and January 6th.
The rest of the news:
Sheldon Whitehouse Calls for Presidential Lawmaking by ‘Executive Beast Mode’ - National Review
Cameron Smith Is Rumored To Be Joining LIV Golf For $90 Million Just Hours After Winning The Claret Jug - Barstool
Inflation Is Even Worse If You Measure It the Proper Way - Bloomberg
Chief: 3 dead in Indiana mall shooting; witness kills gunman - AP News
The Democrats Are Idiots, Cont. - National Review
Moms for Liberty’s conservative activists are planning their next move: Taking over school boards - NBC
Europe heat wave turns deadly as France and U.K. brace for hottest days on record - Axios
Biden’s fist bump with MBS was a crass betrayal - Washington Post
Biden’s economic approval rating falls to new low on fear about inflation, CNBC survey finds - CNBC
The real-world consequences of green extremism - Washington Examiner
U.S. Inflation Hits New Four-Decade High of 9.1% - WSJ
Fox News Posts Stunning Three Minute Montage of Trump Voters Ready to Ditch Him for DeSantis: He’s ‘Too Polarizing’ - Mediaite
Armed citizen stops mall shooter in Indianapolis - ABC
The Dollar Is Extremely Strong, Pushing Down the World - NYT
Anthropologists Call for an End to Classifying Human Remains by Gender and Ancestry - Jonathan Turley
Founding father James Madison sidelined by woke history in his own home - NY Post
A transgender woman was transferred from a women’s only prison after impregnating 2 inmates. - Fox News
UPenn slammed for nominating Lia Thomas for NCAA’s ‘Woman of the Year’ award - NY Post
Fox News Poll: Voters say the economy is bad, and they expect it will get worse - Fox News
Anti-abortion memo to Republicans: Don't leave it to the states - Axios
Diverging Jobs Data Raise Questions About Labor Market Health - WSJ
Tweets that caught my eye: