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LOS ANGELES – Martin Truex Jr. won NASCAR’s return to the Los Angeles Memorial Coliseum for its season-opening exhibition race – a sloppy Sunday night extravaganza in which the Wiz Khalifa halftime show might have been the most entertaining part of the event.

Truex took the lead with 25 laps to go in the Busch Light Clash, a 150-lap race that was moved from Daytona International Speedway last year to the Coliseum. NASCAR built a temporary quarter-mile track inside the iconic venue in a bold attempt to try something radically different.

Truex, who contemplated retirement during last year’s winless season, won for the first time since Sept. 11, 2021.

“Last year was a pretty rough season for us with no wins, and to come out here and kick it off this way, really proud of all these guys,” Truex said.

NASCAR SCHEDULE: How to watch Cup Series races in 2023

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Austin Dillon and Kyle Busch, in his debut for Richard Childress Racing, finished second and third for RCR. They joined Truex on a podium for a NASCAR-first medal ceremony held below the Coliseum’s famed peristyle.

Last year’s race was considered a smashing success based on the new fans drawn to the event and excitement over the progressive approach to creating a brand new type of racing.

NASCAR knew it was going to be difficult to duplicate the success in its return and the racing Sunday wasn’t great – there were 25 cautions, and laps under yellow didn’t count. There were only five cautions in last year’s race.

“Last year’s show I felt like was relatively clean and good racing, some bumping, some banging, but we could run long stretches of green flag action,” said Busch. “Today was, I would call it a disaster with the disrespect from everybody of just driving through each other.

“But it’s a quarter mile. It’s tight-quarters racing. Actually this is probably how it should have gone last year, so we got spoiled with a good show the first year. Maybe this was just normal.”

Truex put Joe Gibbs Racing in victory lane to start 2023 after a horrible close to last year. Coy Gibbs, who essentially ran his father’s race team, passed away in his sleep the night before the November season finale. Coy Gibbs’ death came just hours after his son, Ty, won NASCAR’s second-tier Xfinity Series championship.

Alex Bowman and Kyle Larson went fourth and fifth for Hendrick Motorsports, and Tyler Reddick was sixth in his debut for 23XI.

“It’s tough when it takes 45 minutes to make like six laps,” Bowman said of the messy race. “That was pretty bad when we were just crashing and crashing and crashing.”

Ryan Preece, in his debut race for Stewart-Haas Racing, led 43 laps until a late electrical issue took him out of contention. Before Sunday night, Preece had led a total of 25 laps in 115 Cup races over five seasons. Preece finished seventh.

Bubba Wallace was dominant early for 23XI but was spun late by Dillon and then banged into Dillon after to show his displeasure. He finished 22nd after leading 40 laps.

“I hate it for Bubba, he had a good car and a good run,” Dillon said. “But you can’t tell who’s either pushing him or getting pushed. I just know he sent me through the corner and I saved it three times through there, released the brake and all kinds of stuff, and then when I got down, I was going to give the same. Probably was a little too hard.”

LCQ’s

The format of the exhibition Clash included heat races and a pair of 50-lap “last chance qualifiers” to help drivers make the 27-car field. Three drivers from each of the LCQ’s advanced: Michael McDowell, Christopher Bell and Todd Gilliland advanced from the first race, and Chase Elliott, Ty Gibbs, and AJ Allmendinger advanced from the second.

Those who did not advance to compete in the main event were Brad Keselowski and RFK Racing teammate Chris Buescher, Harrison Burton of The Wood Brothers, Corey LaJoie and Ty Dillon of Spire Motorsports, and Cody Ware and J.J. Yeley for Rick Ware Racing, Ricky Stenhouse Jr. of JTG Racing and B.J. McLeod of Live Fast Motorsports.

JOHNSON SCHEDULE

Jimmie Johnson made his return to NASCAR on Sunday as team co-owner of Legacy Motor Club, which fields two cars for Erik Jones and Noah Gragson. The seven-time NASCAR champion spent the past two years racing IndyCar and will run a limited scheduled this season that includes the 24 Hours of Le Mans.

Johnson was already entered in the Daytona 500 later this month, then said Sunday he will also enter NASCAR’s first-ever street course race, scheduled for downtown Chicago in July.

UP NEXT

The Cup Series opens Daytona International Speedway a week from Wednesday to begin preparations for the Feb. 19 season-opening Daytona 500.

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Aaron Rodgers has won more trophies in golf over the last two years than he has in football.

The Green Bay Packers quarterback and four-time MVP won the 2023 AT&T Pebble Beach Pro-Am alongside his professional partner, Ben Silverman, at 26 under on Sunday. The pair finished one shot clear of Peter Malnati and Don Colleran, the retired president and CEO of FedEx, who combined for a sizzling 60 in the third round. Former tennis player Mardy Fish and Charley Hoffman finished third at 23 under.

As far as his golf accolades, Rodgers previously won The Match IV alongside Bryson DeChambeau against Phil Mickelson and Tom Brady in 2021. A year later he teamed up with Brady to take down Patrick Mahomes and Josh Allen, who finished fourth this week alongside Keith Mitchell.

“It’s really significant. It’s always been on my bucket list,” said Rodgers of the win at Pebble. “I played in Tahoe for 18 years and never really sniffed higher than like eighth.

“But this is a pretty big deal for me. I’m not going to sugar coat it.”

“He’s an athlete, man. Top performer. He knows how to get it done and that’s what he did,” said Silverman of his partner. “It wasn’t like all four days or three rounds of beautiful golf, but when he needed to, when I was making doubles he was making pars. He knew how to get it done.”

Weather wreaked havoc on the event this week, forcing a Monday finish for the professionals and the amateur competition to be shortened to 54 holes.

“Josh Allen was telling me there’s going to be an asterisk by this win because there was only three rounds,” said Rodgers. “But I think that our names are going to be up there for a long time.”

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Cleveland Browns defensive end Myles Garrett sustained a dislocated toe on his right foot while competing in the Pro Bowl Games in Las Vegas on Sunday, a league source confirmed to the Beacon Journal.

X-rays taken at the stadium were negative. NFL Network’s Tom Pelissero was the first to report.

Garrett sustained the injury while competing against the Carolina Panthers’ Brian Burns in the ‘Gridiron Gauntlet’ obstacle course challenge as part of the event in Allegiant Stadium. He came up limping after completing a stretch where he had to climb a series of 7-foot walls, then crawl underneath a low table.

After completing the third series of those, Garrett began to limp and exited the field. A video taken from Darren Carr, brother of Las Vegas Raiders quarterback Derek Carr, from the stands shows Garrett later sitting down on the field at the goal line holding his right foot.

Super Bowl Central: Super Bowl 57 odds, Eagles-Chiefs matchups, stats and more

Garrett was one of four Browns players — along with running back Nick Chubb and guards Joel Bitonio and Wyatt Teller — participating in the new-look event, which included a skills competition on Thursday evening. The ‘Gridiron Gauntlet’ took place before the flag football game, which replaced the traditional game, on Sunday.

Garrett’s teammate, defensive tackle Perrion Winfrey, tweeted after the injury, ‘I didn’t think the pro bowl could get worse… until now (face exhaling emoji).’

Garrett is coming off a season in which he matched his franchise single-season sack record with 16. He was named to his fourth Pro Bowl this season, while being voted to the Associated Press All-Pro second team.

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‘With the No. 1 pick in the 2033 NFL draft, (fill in the name of team) selects Marshall Manning.’

OK, so we’re getting ahead of ourselves here. Even Arch Manning has yet to throw a pass for the Texas Longhorns.

Peyton Manning’s 11-year-old son Marshall got in some throws during Pro Bowl Games festivities in Las Vegas, connecting with the Buffalo Bills’ Stefon Diggs.

This quarterback dynasty started with Archie Manning.

Super Bowl Central: Super Bowl 57 odds, Eagles-Chiefs matchups, stats and more

Marshall also connected with one of Peyton’s former teammates, ex-Indianapolis Colts tight end Marcus Pollard, who was covered by Pro Football Hall of Fame linebacker Ray Lewis.

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An ex-staffer for New York GOP Rep. George Santos claims in an ethics complaint the freshman congressman touched his groin, invited him home and violated House ethics’ pay rules.

In a Twitter thread on Friday, Derek Myers, 30, wrote that he filed a complaint with the U.S. Capitol Police and the Office of Congressional Ethics about his allegations. He was purportedly hired in January and only lasted days in Santos’ office.

Myers said Santos hired him as an assistant on Jan. 25.  He went on to say the two of them were going over mail in the congressman’s Washington, D.C. office two days later when Santos asked that they sit together on a small sofa before the lawmaker placed his hand on Myers’ knee.

‘Hey buddy, we’re going to karaoke tonight. Would you like to go?’ Santos asked, according to Myers’ complaint posted to Twitter.

Myers said he declined the invitation by telling Santos he was not a fan of clubs and bars and was not a good singer. 

‘The Congressman proceeded to take his hand and move it down my leg into my inner thigh and proceeded to touch my groin,’ the complaint said.

Santos then allegedly informed him that his husband was out of town and asked if he would like to come over.

The congressman had told him earlier that day that he had Grindr, an LGBTQ+ dating application, and asked if Myers also had a profile.

Myers further alleges that, although he was hired as a staffer, he was told he would work voluntarily until his paperwork could be processed, which he later found was a violation of House ethics rules. Myers is requesting an investigation into the ‘violation of allowing a volunteer to work in the workplace and offload work from paid staff members onto the volunteer with the promise of future employment,’ the complaint reads.

He said the offer to work in Santos’ office was rescinded Wednesday after the Long Island representative raised concerns about Myers secretly wiretapping him. Myers, a former local journalist in Ohio, was arrested in November for wiretapping after he published recorded audio of courtroom testimony submitted by a source.

Myers told Santos he would never record him but then leaked a recording of one of their conversations to the press in which the congressman said, ‘And I’ve obviously f––ed up and lied to him, like I lied to everyone else,’ referring to his chief of staff.

Santos has been exposed for lying about much of his background during his 2022 campaign, including his work and education history, connections to an alleged Ponzi scheme, his mother’s death and that he had previously been married to a woman despite now being openly gay.

He is also accused of using a fake animal charity in 2016 to scam a disabled veteran by raising money for their dog’s cancer treatment and then keeping the funds himself. Santos denies the allegation.

Santos has faced calls to resign from Republicans and Democrats in Congress and numerous New York State Republicans. He said last month that he would resign if the 142,000 people who voted for him asked him to. Last week, Santos said he would recuse himself from committee assignments. 

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There are loud voices on Wall Street who continue to talk about bear markets. In my opinion, that’s a good thing. That’s because bull markets climb walls of worry. And the higher this rally goes, the more the bears seem to growl.

So, are we in a new bull market? A lot depends on what happens after the dust clears on the employment numbers. If the dip buyers come back strong, the uptrend will continue.

Taking Stock

The S&P 500 (SPX) is up some 19% from the October bottom, near 3500, and is currently trading above its 200-day moving average. That means that, when SPX closes somewhere above 4200, it will meet the definition of a bull market. For now, even after the employment report pullback, we remain in an uptrend.

Doubters in the recent uptrend got yet another wakeup call when the Fed raised interest rates, as expected, and Fed Chairman Powell sounded as pragmatic as he possibly could in his press conference. As a result, the market rallied. By Friday, when the employment report surprised those expecting signs of weakening on the jobs front, the market again sold off. However, by day’s end, there was no technical damage done to the market; at least, not yet.

Of course, there are plenty of reasons to be concerned about the future. First and foremost, there is whatever is next in Ukraine. Closer to home, we have the Fed. And even though the central bank may slow the pace of its rate increases, Mr. Powell isn’t likely to stop raising interest rates in the first half of the year. Still, private matter surveys such as PMI, ISM, consumer confidence, homebuilder sentiment, crashing home prices, layoff announcements, and similar data continue to suggest the economy is slowing.

The difference between government reports and private market data doesn’t add up for sure. Indeed, there are some analysts who suggest that the BLS numbers are too statistically jiggered to be believed at face value. In fact, a recent report by the Philadelphia Federal Reserve cast serious doubt on the BLS numbers.

Bull Markets are for Dip Buyers

When the news whipsaws the market, it’s important to focus on the general vibe of any market trend. For example, bear markets are unforgiving. Bad news is bad news. And good news is bad news. Rallies are often powerful, but fizzle quickly. And the longer they last, the more investors become disillusioned.

Bull markets seem to find the silver lining, no matter what the news. Take, for instance, the recent Federal Reserve rate hike, which led to a rally. The silver lining was the fact that the Fed raised interest rates by 25 basis points instead of 50 or 75 basis points. Moreover, bull markets are fueled by naysayers. Bearish analysts pound the table, calling for the end of the rally on a regular basis. Yet, it keeps going higher.

But perhaps the most salient feature of a bull market is the constant dip-buying behavior from investors. This is the mirror image of what you see in a bear market, where every rally is sold and new lows are a regular occurrence. So, the next test for this uptrend is whether, after the employment report pullback, the dip buyers reappear.

Trade What You See But Don’t Trust the Market

Because we are in an uptrend, and perhaps in the early stages of a bull market, it pays to focus on what the price charts are saying and how the markets respond to news.

The bond market is torn over the notion that the Fed will cause a recession by overtightening interest rates. That’s why yields have dropped starting in October. At the same time, bond traders aren’t sure about what the robust BLS jobs report mean for the economy and what the Fed will do in response.

The 3.5% yield on the U.S. Ten Year note (TNX) seems to be a good floor for bond yields at the moment. Thus, what happens at this chart point is very important. If yields break below this level, it will likely be in response to a very credible piece of economic data – either on the inflation front, or on the employment front – that the economy is increasingly weak. An even more important point is the 50-day moving average. A move above that for TNX would be a very negative sign.

On the other hand, certain areas of the technology sector continue to power higher despite bad earnings misses from Amazon (AMZN), Alphabet (GOOGL), and, recently, Microsoft (MSFT). The strength has come from the semiconductor sector, and companies like Apple (AAPL) have managed to convince traders that the worst may be past.

The bottom line is that focusing on what’s working, while keeping an eye on how the markets respond to news, is likely to be the best strategy for the rest of 2023.

I have plenty of picks that are working in the current market; check them out with a free trial here.

Uptrend Remains Intact: NYAD, SPX, and NDX All Hold Above 200-Day Moving Average

The Nasdaq 100 Index (NDX) has moved too fast and has gotten ahead of itself over the last few days. On 2/3/23, it closed above the upper Bollinger Band, which is usually a sign that a reversal or a consolidation is due. A move back toward the 200-day moving average and the 12,000 may not be out of the question. A break below the 200-day moving average would be very negative. For now, we are seeing normal technical behavior.

On the bullish side, note the upturn in On Balance Volume (OBV) as Accumulation Distribution (ADI) accelerates. This combination of indicators highlights an increase in short sellers bailing out (ADI) and buyers coming in (OBV).

The New York Stock Exchange Advance Decline line (NYAD) reversed its recent uptrend at the same resistance level in which it reversed in August 2022. The major difference is that this reversal has occurred above the 200-day moving average. A move back to the 20-day moving average would not be unexpected here.

Meanwhile, the CBOE Volatility Index (VIX) is barely moving, which is a bullish sign. The index continues to make new lows, which is also bullish. When VIX rises stocks tend to fall as put volume rises, that gives us a sign that market makers are selling stock index futures in order to hedge their put sales to the public. A fall in VIX is bullish, as it means less put option buying and eventually leads to call buying, which causes market makers to hedge by buying stock index futures, raising the odds of higher stock prices.

Get all the details on why my favorite indicator, the NYAD, is bullish on the market right here.

Liquidity, the market’s lifeblood, remains flat, which is better than when it’s falling, as the Eurodollar Index (XED) has been trending sideways to slightly higher for the past few weeks. Note the market’s most recent rally, off of the October bottom, has corresponded to this flattening-out in liquidity. Note how the continuous decline in XED corresponded to the bear trend in 2022.

The S&P 500 (SPX) remained above 4100, having now moved fairly decisively above its 20-, 50-, and 200-day moving averages. A move above 4200 would be a 20% move off of the October 2022 bottom.

As with NDX, the Accumulation/Distribution (ADI) On Balance Volume (OBV) combination suggests money continues to flow into stocks.

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Good news! I’ve made my NYAD-Complexity – Chaos chart (featured on my YD5 videos) and a few other favorites public. You can find them here.

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In The Money Options

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Republican New Hampshire Gov. Chris Sununu says former President Donald Trump has no chance of beating President Biden if he wins the Republican nomination in 2024.

Sununu made the comments during a Sunday appearance on ABC News’s ‘This Week,’ going on to hint at his own aspirations to run for president. Sununu would join Trump, former Vice President Mike Pence and Nikki Haley as top contenders for the 2024 Republican ticket. Republican Florida Gov. Ron DeSantis is also a potential candidate, but he has not announced his intentions to run.

‘Unfortunately, at the end of the day, November of ’22 showed us that, right? Trump is going to be seen as a very extreme candidate. The country is going to push back against it,’ Sununu said Sunday.

‘It can’t get done. He could get the nomination, but he can’t get it done,’ he added.

Sununu rejected polling from the Washington Post and ABC showing Trump ahead of Biden with a 48% to 44% lead. Another poll from Emerson College showed Trump in the lead 44% to 41%.

Sununu went on to suggest he may throw his own hat in the ring in 2024.

‘Definitely thinking about it, having those conversations,’ Sununu said, responding to a question on the topic. ‘but at the end of the day, you’re going to have a lot of Republicans that get in that race. They’re all really good people; they’re really good candidates. You have Nikki Haley and Mike Pompeo and Gov. DeSantis and a lot of folks who are going to get in.’

Former New Jersey Gov. Chris Christie appeared on the same program later Sunday morning and agreed with Sununu’s assessment, saying he doesn’t think Trump can win.

More Republicans have grown skeptical of Trump following the 2022 midterm elections, which saw Trump-endorsed candidates losing close races across the country. Trump’s losses in hotly contested Senate races hurt Republicans in particular, costing the party control of the Senate.

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New Hampshire Gov. Chris Sununu said Sunday that former President Donald Trump would lose to President Biden in a potential election rematch.

‘No,’ he said when asked on ABC’s ‘This Week’ if Trump could win in 2024. ‘Unfortunately, at the end of the day November of ’22 showed us that. Trump is going to be seen as a very extreme candidate. The country is going to push back against that.’

Trump is the only Republican so far who has declared he will run for president in 2024, but several others are rumored to be announcing a candidacy in the coming months. Sununu is among those rumored, which he addressed in the Sunday interview.

‘I’m definitely thinking about it and having those conversations,’ he said. ‘At the end of the day, you’re going to have a lot of Republicans that get into that race. They’re all really good people, they’re really good candidates.’

Sununu won by more than 15% in his reelection bid in November, according to Fox News election data. He remains popular in his largely independent state and touted his actions to maximize individual liberties.

‘I’m kind of that ‘live free or die,’ individual liberty; I believe government has to get out of your way,’ he said. ‘And we’ve done it really, really well here in New Hampshire. We’re sharing that model across the country. No sales tax. No income tax. The most efficient government in the country. Number one in individual liberties.’

Sununu clashed with Biden in recent months as the president pushed the Democratic National Convention to bump New Hampshire down the order of primary elections and elevate South Carolina to the first primary. The governor vowed to keep the New Hampshire primary first despite pushes from Democrats to make a change.

The governor said the midterm elections are proof Republican voters rejected Trump and extreme candidates. The 2024 elections, he said, are likely to show the same result if his party continues in the same direction.

‘Just look at the results of three months ago,’ Sununu said. ‘That shows you where extreme candidates are going to end up falling. It can’t get done. He could get the nomination, but he can’t get it done.’

Sununu said he will continue to talk with prominent Republicans about what the best move for him is ahead of the next election cycle. He named several potential 2024 candidates as strong, capable leaders, which included former South Carolina Gov. Nikki Haley, former Secretary of State Mike Pompeo, and Republican Florida Gov. Ron DeSantis.

‘What I’ve tried to espouse to Republicans is that look, we want to vote for the most conservative candidate that can win in November and get stuff done in 2025,’ he said. ‘You got to have that discussion about where we’re going to go both as a party and making sure we’re going there as a country.’

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Rep. James Clyburn, D-S.C., stated he expects Americans will respond ‘very positively’ to President Biden’s possible reelection announcement despite poll numbers to the contrary. 

‘I will say, as he often says, don’t compare him to the Almighty, compared him to the alternative. And that’s what you do when you get into a campaign,’ Clyburn said on MSNBC’s ‘The Sunday Show.’

Host Jonathan Capehart presented Clyburn with a poll of out The Washington Post which showed 62% of those surveyed would be ‘angry’ or ‘dissatisfied’ if Biden won reelection, along with 58% of those surveyed saying they disapprove of his handling of the economy. 

Capehart proceeded to ask Clyburn if Biden should even run for reelection with such numbers. 

‘Well, I hope he announces real soon. I hope he runs for reelection. And I think the country will respond very positively to his candidacy,’ Clyburn responded. 

The South Carolina representative said Americans should compare Biden’s record with those of his GOP opponents and their ‘visions for the future of this country’ before making their final decisions. 

‘If that’s the way you do it, Joe Biden would be in very good shape, I believe,’ Clyburn said. 

The president has been hinting at a 2024 election run recently, with Biden telling a Philadelphia crowd on Friday he intends ‘to get … more done.’ 

Video

Former White House Chief of Staff Ron Klain also hinted at a Biden reelection campaign this past week, telling a group of staff and press he would be looking forward to being by Biden’s side when he ‘run[s] for president in 2024.’ It is still unclear whether Klain will have a formal role in Biden’s unannounced candidacy. 

The president is expected to announce his reelection bid following Tuesday’s State of the Union address, sources previously told Fox News. 

Video

‘With inflation falling, the lowest unemployment rate in 50 years, more jobs back to America, and lowering drug costs — all in the last week alone — his focus in on delivering even more progress for American families,’ White House deputy press secretary Andrew Bates said. 

Despite the administration’s touting of positive economic numbers to curb voter concerns, inflation is currently at 6.5%, down from a 40-year high of 9.1% in June, along with a $31.38 trillion federal debt in comparison to the $27.6 trillion debt when Biden took office. 

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FIRST ON FOX: The consulting firm co-founded by Hunter Biden’s former business associate raked in over $500,000 from the pro-Joe Biden super PAC Unite the Country between December 2019 and December 2022, a Fox News Digital review found.

Julianna Smoot in 2014 became an advisory board member of Rosemont Seneca Technology Partners (RSTP), an affiliate of Rosemont Seneca Partners, the fund co-founded by Hunter Biden, after she previously served in multiple positions in the Obama administration and was the Obama for America deputy campaign manager for the 2012 reelection campaign.

Emails from Hunter’s infamous abandoned laptop dating back to February 2014, which have been verified by Fox News Digital, showed Rosemont officials discussing Smoot’s agreement with the company to sit on the board. 

‘Great speaking with you today! We are delighted about you partnering with us and honored to have you as a member of our advisory board!’ the firm’s then-managing director John DeLoche wrote to Smoot on Feb. 28, 2014, cc’ing Hunter and Rosemont Seneca’s Eric Schwerin, Devon Archer, William Lee, Rob Walker and Neil Callahan.

‘As discussed, please find attached an overview of RSTP and a more detailed private placement memorandum. These will give you some good background on the fund,’ DeLoche wrote. ‘We are looking forward to discussing in more detail over dinner next Wednesday in DC.’

A few days later, DeLoche invited Hunter and his assistant, Katie Dodge, to dinner in Washington, D.C., with Smoot, Lee and himself, writing, ‘It would be great if Hunter could attend at the beginning, end or stop by anytime for a quick hello.’ The invitation followed an email from Hunter, who appeared to be angry he wasn’t looped in on hiring Smoot, saying, ‘So– I guess WE made the decision to hire her. Want to share any details with me?’

‘We followed your lead from Monday and did not go down the retainer path. We have made no economic commitment to her. Plan is to work out financial details at Wed dinner,’ DeLoche responded. ‘Would love input from the team on this. We were thinking a small equity stake (perhaps 1% of the GP) that would vest over 5 years while she is an advisory board member, coupled with a nominal expense related retainer. This would only be for fund II and we could reevaluate thereafter.’

A little over a month later, on April 16, 2014, Schwerin, a longtime Hunter Biden business partner and frequent visitor to the White House during the Obama-Biden administration, emailed the partners, writing, ‘Attached is the redlined version of Julianna’s agreement as marked up by her lawyer. The major change is making the agreement with the Smoot Tewes Group instead of Julianna herself but the agreement specifies Julianna is providing the services.’

DeLoche responded, in part, saying, ‘Let’s hope she can bring some capital to a closing and it pays for itself. Let’s get her to sign.’

‘Great,’ Schwerin replied. ‘I’ll get her to sign on Monday.’

In another email around that same time, DeLoche confirmed that Smoot was the ‘only advisory board member as of now’ while discussing other potential members.

After her stint at RSTP, Smoot went on to become co-founder of the Blue Lake Strategies public affairs consulting firm, which received more than $500,000 from Unite the Country in less than three years.

The super PAC made 42 payments, totaling nearly $550,000, to Blue Lake Strategies for fundraising consulting and travel reimbursement between Dec. 23, 2019, and Dec. 16, 2022, according to Federal Election Commission records. The firm also received nearly $50,000 for fundraising consulting between 2018 and 2019 from Michigan Democratic Sen. Gary Peters’ leadership PAC and thousands of dollars more from his campaign. 

Detroit Mayor Mike Duggan made Smoot the city’s chief development officer in September 2021. She currently serves as a board member of the Obama Foundation and is founder and senior adviser at WaterWorks – the WaterWorks’ 2021 annual report lists Smoot as the CEO of development services of Blue Lake Strategies.

Smoot isn’t the only person tied to Hunter Biden getting paid by the pro-Biden super PAC, Unite the Country. Mark Doyle, a former Joe Biden aide who discussed foreign business opportunities with Hunter Biden within his emails, funneled over $600,000 from the super PAC to his Chicago-based firm, Prairie Avenue Advisors, from late 2019 through December 2022.

Fox News Digital previously reported on multiple exchanged emails between Doyle, who was registered as a foreign agent on behalf of the Republic of Serbia at the time, and Hunter Biden early in his father’s first term as vice president during the Obama administration, where they plotted a potential business meeting with then-Serbian President Boris Tadic and Serbian ‘high net-worth individuals.’

According to a disclosure filed with the Department of Justice, Doyle was registered as a foreign agent through the same Chicago-based firm as Unite the Country, and he principally dealt with Serbian Ambassador to the United States Vladimir Petrovic, who Hunter Biden met for the first time in February 2010 alongside Tadic’s national security adviser, Jovan Ratkovic.

‘I met with Tadic’s Chief of Staff Thursday[sic] when I was there and he asked about you. The Ambassador must have relayed your conversation,’ Doyle wrote in an April 2010 email, referring to Petrovic.

Another email from 2010 reveals that Doyle alerted Hunter that Petrovic, who was serving as the Serbian ambassador to the United States at the time, ‘wants to start putting together a full day for you with Tadic and potential investors.’

‘They are ready to get people who can commit immediately when you are there, very serious people from what I understand,’ Doyle added.

It is unclear whether Hunter or Schwerin ended up visiting Serbia or taking Petrovic up on his offer to meet with wealthy business individuals in Serbia. However, emails show that Hunter, Schwerin and Petrovic continued to communicate after Petrovic become a D.C. lobbyist after leaving the ambassadorship.

Smoot and Hunter Biden’s lawyer did not respond to Fox News Digital’s requests for comment.

Fox News’ Joe Schoffstall contributed reporting.

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