Markets
- Yes, We’re in a recession, but White House attempting to change the definition after …centuries…forever? Recession is 2 quarters of negative GDP.
- Inflation at 8.5%.
- US stocks down 24% and Tech down 31% on June 17. Now: 12% and 18%, respectively.
Politics
- Nancy Pelosi visits Taiwan. Prompts drills and missile tests by China. Do we really need this right now? Is that a good idea? Does it advance American interests? Since 1979 and under many administrations - left and right - we’ve maintained a policy of “Strategic Ambiguity”.
- Raid on Trump’s Mar a Lago.
- Could be Nuke materials…in that case…kind of serious.
- Why not just make photo-copies. Or take pics on iPhone. So easy!?
- Could there be a master plan. I thought the locker room talk would lock him out of the presidency.
- IRS
- 70000 new agents. Requirements:
- 37 yrs old requirement.
- Adhere to the highest standards of conduct especially meeting honesty and integrity.
- Work a minimum of 50 hours per week which may include irregular hours and be on call 24/7 including holidays and weekends.
- Maintain a level of Fitness necessary to effectively respond to life-threatening situations on the job.
- Carry a firearm and be willing to use deadly force if necessary.
- Be willing and able to participate in arrest and execution of search warrants and other dangerous assignments.
- IRS Math:
- Elon on National Debt: “US national debt is ~$28,900 billion or ~$229k per taxpayer.Even taxing all “billionaires” at 100% would only make a small dent in that number, so obviously the rest must come from the general public. This is basic math.Spending is the real problem.”
Tesla
Elon 18 years. And running 3 others: Including SpaceX, which landed first rocket in 2015 no one has done so since.
Streaming Wars:
Recommendations:
- Obstacle is the way. Ryan Holiday.
- Happiness corresponds to how much you think about yourself vs. others!
- Terminal List. Chris Pratt
- Old Man w/ Jeff Bridges
