Info in Bits & Pieces

50 Percent
Morgan Stanley CEO James Gorman told investors at a conference that the odds of a recession are at 50 percent.

$5.00 per gallon
The average price nationwide of a gallon of regulate-grease gasoline topped $5 for the first time on June 13, according to AAA.

What is a “bear” market?
This is when the closing price of a stock index officially falls 20% from its most recent high. The S&P 500 Index has seen 26 bear markets since 1928. Most bear markets were accompanied by economic recessions. Historically, bear markets have been relatively short-vied, lasting an average of about 9.6 months.

What is a “bull” market?
A bull market starts when the index’s closing price rallies 20% from its most recent low. Bull markets enjoy an average length of 2.7 years.

Have You Heard?
Illegal aliens set to get driver’s licenses in Massachusetts. This goes into effect on July 1, 2023. This may lead to noncitizens registering to vote in that state and national elections.
—- The Epoch Times

$460 per Month
Inflation is costing the average American about $460 extra per month, according to a recent analysis by Moody’s Analytics.

2.1 Billion
According to the World Population Review, about 2.1 billion people, or about 30% of the global population, are considered to be obese. That leaves about 70% to be of regular or underweight. Just food for thought.

Quote:
Whatever makes men good Christians, makes them good citizens.
—- Daniel Webster

$200,000 Payment
New York City and state have together paid drag performers more than $200,000 for appearances in New York City public schools since 2018, according to records obtained by The New York Post. And some people wonder why the rest of the country thinks NYC officials are loony. You have your answer.

$863 Million to 597,000 Prisoners
At least $863 million in economic impact payments under President Joe Biden’s American Rescue Plan went to more than 597,000 incarcerated individuals (prisoners) in 2021, as reported by the Department of the Treasury. That is about $1,445 to each inmate. Does that make any sense whatsoever?

3.36 Million BPD
OPEC has maintained its forecast that world oil demand would rise by 3.36 million barrels per day in 2022, extending a recovery from 2020’s slump.

History:
On June 15, 1215, one of the most important documents ever written, the Magna Carta (“Great Charter” in Latin), was agreed to under the threat of civil war by England’s King John. The Magna Carta was the first written constitution in European history and paved the way for the guarantee of individual liberties that inspired other countries’ principle documents, including that of the United States.

COFFEE
Research shows that people who drank any amount of unsweetened coffee are 16% to 21% less likely to die than that’s who don’t drink it, based on data from 171,000 British participants. The greatest benefit being in the range of 2.5 to 3.5 cups per day, but less than 4 cups per day.
—- reported by Mat Lecompte in Bel Mara Health

Humor:
Americans are getting stronger. 20 years ago, it took two people to carry $100 in groceries. Today a five year old can do it.

Did you know?
Every person has a God-given conscience that acts as a lamp to light the darkness in our souls. Thus, we are really unable to hide from ourselves. That conscience you and I have has a twofold purpose,

(1) to receive light and illumination from God’s Holy Word, and

(2) to sit as a judge and umpire of our actions, thoughts, feelings, and desires, condemning some and giving approval to others.

The conscience enables us to see our actual condition if it is not darkened by neglect and sin, something we should guard against.

—- refer to Proverbs 20:27