Stock Market Losses Wipe Out $9 Trillion from Americans’ Wealth

September 30, 2022 CNBC 2

The top 1% lost over $5 trillion in stock market wealth. The market was inflated as it nearly doubled during the pandemic, rising from $22 trillion to $42 trillion. The bulk of that wealth went to those at the top, since the wealthiest 10% of Americans own 89% of individually held stocks.


Rat Feeding Study Shows ‘Impossible Burger’ May Not Be Safe to Eat

September 30, 2022 GM Watch 2

Rats fed Impossible Burger’s GM yeast-derived protein developed unexplained changes in weight gain, changes in the blood that can indicate the onset of inflammation or kidney disease, and possible signs of anemia. The he FDA issued a “no questions” letter which is not an assertion by the FDA that the food is safe.


Where’s the Beef? Customers Deserting ‘Beyond Meat’ Brand Fake Meat

September 30, 2022 PJ Media 2

Beyond Meat, a company that makes “meat substitutes,” has lost 77% of its value on the stock market over the last year. All plant-based meat substitutes are losing customer share. The loss is attributed to the products’ high price and a decline in the belief that plant-based meat is healthier than natural meat.