Good Morning fellow traders and investors,
Happy Monday!
It feels more like a “lay off” season than it does an “earnings” season…
Markets posted broadly green indices on Friday, which I’m not complaining about. We’ll take them every chance we get! The Nasdaq notched out 3 straight weeks of gains.
With that said, Google has laid the groundwork to lighten their payroll by some 12,000 folks according to reports.
This comes on the heels of Microsoft dropping 10,000 of their workers, Amazon unloading some 18,000 folks off their payroll, and Goldman Sachs shaving 11,000 of their people.
This appears to only be the tip of the iceberg. I’m sure there’s a few I forgot to mention that were recently announced as well.
It’s safe to say you could expect more on the horizon!
Even on a broadly up day this past Friday, Goldman Sachs managed to outpace the downside to become the leading falling stock at the closing bell after shedding 2.54% on the day.
Meanwhile in Davos, Al Gore was screaming about the warming of the rock we all live on — you know, the one with a ball of fire in the center of it that oscillates around that big ball of fire called our solar system’s sun …
Let’s not forget to mention the HUNDREDS OF MILLIONS OF DOLLARS he’s earned by endeavoring into the “climate change” sector!
And leave it to Joey to fail to comment on his carelessness of how he’s handled classified documents that he shouldn’t have even had in his possession.
I can imagine that Hunter didn’t happen to get a glance at them and perhaps share their content in return for compensation.
Just speculating.
Either way, the earth’s climate will continue to cycle as it has since its existence and NONE of their radical predictions will likely ever manifest.
There isn’t a single claim made in the past 5 decades that has come true!
As for Joey and his model citizen son Hunter, the justice department will go through the motions because they have to and they’ll be held accountable just like Hilary was held accountable for Benghazi and her email servers.
There’s clearly a double standard justice system. While I recognize every situation is unique, the lack of consistency in the rule of law is obvious.
As you can tell, I’m not the biggest fan of politicians. I think they’re all out for themselves. Once elected, it’s about self over service… and it’s wrong.
The majority of ALL our problems could be resolved by instilling one simple thing — literally a TOTAL game changer: TERM LIMITS. Yep, I said it!
Term limits: you serve your country for a nominal fee for a period of time.
You serve your constituents that voted you into office on the principles you ran on. You vote in favor of those morals and then after your term has reached its expiration, you return the civilization your votes provided.
That’s it! It’s really just that simple. Will it ever happen? Hell no! Those greedy assholes will never give it up. It would take a total restructuring.
All we can do is vote for the candidates who run on values that align the closest with our values and hope they represent us with integrity.
What we can do is take control of what we’re able to. We can’t elude death or taxes… but we can make some money and have some fun doing so!
Do whatever it is that makes you excited about getting out of bed each and every single morning. Enjoy every day of this short life that we live!
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