What we don’t want to see is this night network of nepotism starting right out of the gate with this Trump Administration for which we hold such high hopes. President Trump is looking to save TikTok by setting it up so it can be monitored by the US in a way that is fair and fit per the laws while also trying allow the US people to participate in some of its revenue generation. How much the American People will participate is well unknown, but what we do know is 5-10 entities have shown interest in buying the half of TikTok that could help consumate a workable deal. As President Trump stated…..’TikTok is maybe worth $1T if a deal can go through but its worth nothing if not’ and that is again a paraphrase of exact statement. All that is great until we see Pam Bondi’s brother representing YouTuber “Mr. Beast” on the deal. Trump also has other connection to Pam Bondi’s brother that we discuss in this livestream and that you can research as well. Let’s keep this stuff clean is all I’m hoping, and not allow the enemy to muddy the waters with accusations of nepotism and favored deals.
President Trump to apply tariffs on Canada and Mexico by February 1st in the range of 10-25%. This is not the first time Trump has discussed tariffs for Mexico and Canada, but it is the first time while he is in office for his second term, so it seems serious. Now, is this to get everyone to the negotiation table? Is this to apply pressure to the questionable leadership of Trudeau and Scheinbaum? Only time will tell how forceful Trump will be with his tariffs and how he will wield this BIG stick.
Stargate deal announced between Softbank Larry Ellison of Oracle, and Sam Altman of Open AI somewhere in the neighborhood of $100B to $500B and hints that investment in this AI space and other associated technology ventures could reach $3-6T. Those are HUGE numbers and its hard to find the investor will for that much risk in one fairly focused are of markets, so we will need to monitor this closely especially as we see valuations in this tech space reaching absurd levels. Do deal and comments like this put in a market top, or are we onto something this world has never seen?