The Trump administration has been a constant source of significant actions that have been coming at a pace that is, quite frankly, difficult to absorb.
Also, reality has been introducing itself keeping things interesting. The Deep Seek disruption has yet to fully play out, but it’s quite fascinating that it was China, a supposedly Communist country, that made its AI discoveries truly open source while the inappropriately named OpenAI (ChatGPT) was barreling down a path designed to build an impenetrable technological moat while keeping things hidden.
Oops! China released the AI equivalent of the Golden Gate Bridge and invited everyone to drive across it to make themselves home on OpenAI’s exclusive fancy campus.
Those shockwaves are yet to fully play out.
Meanwhile, Trump’s administration is busy sending “please resign” notices to all government employees, as well as the following non-exhaustive list of actions:
But perhaps the biggest shock from a market perspective was Trump’s pondering if perhaps the individual income tax system couldn’t be eliminated in favor of excise taxes.
If that happens, I become wildly bullish on all things. I mean everything real and tangible but also including select stocks.
Tune in to hear all about it!
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by jhgoodwin