Florida pushing back against "woke" investing
‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ We've gone through a brutal summer... but last week ended on a high note. Historically speaking, we may be looking at the beginning of another bull run. The wildcard tends to be the midterms. Remember, more than anything, markets hate uncertainty. But the midterms are not shaping up to be an epic Red Wave or a massive progressive triumph. Instead, we will probably get a Republican takeover of the House by a thin margin. The Democrats are heavily favored to hold the Senate. In other words, we won't be seeing massive change. It will be business as usual when it comes to foreign policy and monetary policy. We're nearing the "Halloween Indicator" - the historic phenomenon that the market tends to do better from Halloween to May 1 and worse in the other six months during the election years. The reason is simple.
Certainty.
By Halloween, you have a general sense about the way the midterm elections are going to go. After that, it's over, and there's nothing for investors to be terribly concerned about. They can simply invest and move forward. There's a huge amount of uncertainty right now. We might see Russia unleash whatever it has left and plunge the world into chaos. We might see Europe suffer a crushing depression from an energy shortage. We might see the political scene in America shift overnight. Yet I'm generally optimistic right now. The jobs report is strong. The Fed is on top of inflation. And as Mr. X points out, America's rivals are collapsing.
Still, be ready for a sudden downturn. This is a market with volatility like no other. We'll keep you posted. Stay connected, stay liquid, and... Keep Moving, Any strategy that makes you money consistently is worthwhile. Though many new traders believe that trading is primarily about indicators and tools, Chris maintains that it is at least 95% about emotional control. This is especially relevant in this bearish, choppy market which has made the trading world extremely difficult. Learn some pro tips to come back from your losses and stay in the game. [CLICK HERE TO WATCH]( WORD ON THE STREET Russia Reels, Rents Fall, End of ESG? - Is This The End For Putin? - President Vladimir Putin's assurances that everything is under control sound increasingly hollow as the Ukrainian Army continues to conquer territory, with Russian forces seemingly in desperate retreat. As of this writing, the Ukrainian Army has reached the border and could potentially take Belgorod, a key city within Russia. A second offensive near Kherson in the south hasn't been nearly as successful, but with Russia unable to resupply its forces, it faces the possible loss of Crimea. - The Rent Is Not Too D**N High – For the first time in 20 months, asking rents for apartments actually declined between July and August. Jay Lybik, a corporate official at CoStar Group, which owns Apartments.com, said "we're seeing a complete reversal of market conditions in just 12 months, going from demand significantly outstripping available units to now new deliveries outpacing lackluster demand." While rents declined over the last month,
they are still up more than 7% year-over-year - ESGs ETFs Lose Their Luster – It seemed like a slam dunk. "Environmental, Social, Governance" stocks which emphasize sustainability and social justice are a ready target for investors (especially pension funds) who want to wear their politics on their sleeve. However, that goes two ways. Florida recently banned its $186 billion pension fund from making investment decisions based on ESG factors. The comptroller of Texas also accused financial companies, including BlackRock, of boycotting energy companies. BlackRock denied the charge, but that just raised further questions. If ESG means you can still invest in Big Oil - what exactly is the point of it? - Disney's Impossible Mission - Disney (DIS) is known for its fantasy projects, but this one might be the biggest fantasy of all. Besieged by employees demanding the company be more vocal on gay rights issues on one side and infuriated conservatives in Florida on the other, CEO Bob Chapek has thrown up his hands. He refused to apologize for the company's woke posturing earlier this year, saying the company had "stood our ground." However, he now said that Disney wants to to "be everything to everybody." Sound impossible? Well, even he admits it. "That tends to be very difficult because we're the Walt Disney Company," he said. "3-Pillar" strategy spots a 108% surge in just 4 days... RapidFire is on fire — with new trades are on the verge of exploding soon! [Click here to learn more](. HOT SPOTS: What's Going on in Geopolitics - Lights Out In Ukraine – As Russian forces retreat in humiliation back to the Motherland, Moscow is striking back. A flurry of missile strikes knocked out power in areas throughout Ukraine and showed a willingness to hit critical infrastructure that has been lacking earlier in the conflict. It's unknown whether this is simply a onetime gesture to show strength by Moscow or whether it represents a new strategy, as Vladimir Putin ponders whether to retreat or declare war.  - Chinese Legislator Criticizes Sanctions On Russia – In a sign that China is moving closer to Russia on the diplomatic front, Politburo Standing Committee member Li Zhanshu blasted the West's attempt to diplomatically isolate Russia. He called for greater cooperation on "fighting against external interference, sanctions, and long-arm jurisdiction, among others."  Presidents Vladimir Putin and Xi Jinping are expected to meet in Uzbekistan this month. - Chinese Using Drones To Pressure Taiwan - At least 30 unarmed drones have been sent by the People's Republic to probe the defenses of two islands claimed by Taiwan. The Taiwanese recently shot one down, leading to Chinese criticism, but there's little sign the Chinese efforts will stop. "China is using such harassment to increase pressure, deliberately raising tensions around Taiwan," said Chieh Chung of Taiwan's National Policy Foundation. "Don't assume that a civilian drone has nothing to do with military purposes." CUTTING EDGE: What[']( Happening In Tech - Fumble - The NFL had high hopes for its new website and app for the first Sunday Ticket game of the season. However, it was a series of fumbles and disasters as users reported crashes, being locked out, or messages that they need to be inside an NFL stadium. The app isn't even loading scores, according to some users. DirecTV said that its teams were working to resolve the issues, but that didn't stop furious condemnation on social media. - Amazon Buys "Mechatronics" Company Cloostermans – That's one way to respond to unionization efforts. Amazon is stepping up efforts to use robotics in its workforce with the purchase of the Belgian company Cloostermans. The company's 200 employees will be joining Amazon's robotics team. "We're thrilled to be joining the Amazon family and extending the impact we can have at a global scale," said CEO Frederik Berckmoes-Joos. - Credit Card Manufacturers Will Track Gun Sales Separately - Visa, Mastercard, and American Express are all going to be separately characterizing gun sales under the International Organization for Standardization's new merchant code. The move comes after significant pressure from pension funds from California and New York. Gun rights advocates fear it could unfairly target legal gun purchases, pointing out that the code includes purchases of gun safes and tools under the same category as actual firearms and ammunition.  The new characterization will allow police to either track suspicious purchases or unfairly spy on you... depending on your interpretation FOR YOUR CONSIDERATION "If peace was to come, it would involve Ukraine giving up territory. A confident Vladimir Putin spoke about the coming multipolar world. How absurd that all looks today." crushing Ukrainian counteroffensive has changed everything. Russia looks like a paper tiger. China is sabotaging itself with disastrous COVID-19 control policies. Europe is staring down the barrel of a recession caused by its own reliance on foreign energy. But America looks stronger than ever - more importantly, the dollar looks stronger than ever. Mr. X explains the case for another American century - or at least another century of the greenback. [A STRONG AMERICA AND A STRONG DOLLAR]( Enjoying Dawn Report? Learn something, made some money?
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