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This week we see an escalation of Trump’s planned actions to drain the swamp. Of course those belonging to the swamp are fighting back. I expect this fiasco to continue and the ripple effects will be felt within weeks.
What do I mean by feeling the ripple effects? Think of those funding being cut-off. These organizations will scramble to do several things. First fire all those extra workers. Second, destroy all documents and backups so that when being investigated, no chance of finding any illegal activities. Third, go hiding with whatever money they can gather so that the angry mobs from both sides of the US citizens will not find them.
So what is the impact on the stock markets from Trump’s actions so far? Not much. Not until he needs a scapegoat to blame on for China catching up so much on AI technology. Jensen will be in so much heat he may not be able to keep his title in NVidia after this year.
Here is a short video on what may happen soon to the stock markets. And the latest update is here. Confusing? Yep because it is difficult to navigate a complicated environment like the current one we are facing.
No point to overthink too much on that. Here is a short video on the history of a “meter”. Nice short lesson on a part of our history that we would never learn without the Internet.
Or enjoy this funny video and relax.
We all need to take a step back and rethink what the world will look like from this point onward. I am sure this year will be full of surprises.
Have a great weekend all!