Cutters

[The beef 675] [I'm an image] “Meh.” - Jason, on hearing the news that 78k banker jobs were cut in 2019 [Read The Beef Online - Click Here]( Hey there carnivores, Markets rose again on Friday… well, except for the Nasdaq. And today we’re discussing bank layoffs. Keep raging, Jeff & Jason [Image] [I'm an image] Cutters Morgan Stanley is just the latest financial institution to indicate that certain employees are becoming redundant, as the company announced [earlier this month]( that it is cutting 1.5k jobs or roughly 2% of its global workforce. You've been Gorman-ed. It's a tough climate out there for lenders. A slow down in the global economy, increased competition, and digitization have all been cutting into profits on Wall Street. Not to mention, the other 800-pound-mechanized-gorilla in the room: technology. An estimated 200k banking jobs [are expected to be replaced by robots]( in the next decade. It's an epidemic Across the globe, banks are reducing staff like [Lehman Bros. circa 2008](. During 2019 fifty of the largest banks in the world announced that they would [cut]( a collective 78k jobs, the highest mark since 2015. In the past six years, banking layoffs have claimed some 425k Chads and Beckys. While it appears that no region is safe, across the pond is a particular sh*tshow. Of the 78k total jobs expected to be cut, 63.5k will occur in the EU. In addition to the global headwinds, European banks face negative interest rates that cut into lending revs. To nobody's surprise, Deutsche Bank is leading the charge, expecting to cut 18k jobs by 2020. The bottom line... Despite the Fed cutting interest rates three times in 2019 and global headwinds, US bank stocks have mostly made this year their b*tch. In fact, the KBW Nasdaq Bank Index [rose]( nearly 30% as of December 26th. Not unsurprisingly, analysts cite dramatic "cost-cutting" (read: job cuts), easing regulations and inorganic expansion as reasons for US bank's stock growth. [I'm an image] So what is it that you’d say you do here? Does your family ever ask you this question? Does your S.O. often wonder what you bring to the table? Worry no more, my friend… Let everyone know that you’re bringing home the bacon with [Bullseye Trades](, the simplest and least time-consuming strategy in RB’s repertoire. Every Monday you’ll get Jeff’s highest conviction trade sent directly to your inbox. The only thing you need to do is follow his step by step instructions and watch the profits pile up. [SHOW ME THE MONEY]( [I'm an image] ☑️ Beating traffic. Elon Musk tweeted Friday that the Vegas tunnel, currently being built by Boring Co, [should hopefully be operational]( in 2020. Boring Co, is working on a commercial tunnel between the Convention Center and the Strip. No telling if what happens in the passenger pods stays in the passenger pods. ☑️ Monopoly. Disney (ever heard of it?) [produced films]( that accounted for 38% of the US box office total in 2019. Six movies surpassed the $1B mark and the company has grossed more than $10B at the box office globally. These stats include 20th Century Fox, which was acquired by Disney in March. The next closest competitor, Warner Bros, accounted for 13.8%. And don't for a second think that Disney isn't bringing the heat in 2020: it will release 'Jungle Cruise,' 'Mulan,' 'Black Widow,' and 'West Side Story' just to name a few. ☑️ Tesla+. Speaking of Disney and Elon... [Musk tweeted]( that Disney+ will soon be coming to a Tesla near you, as the streaming service will join Netflix, Youtube, and Twitch as viewing options for drivers. The Tesla Theatre, however, can only be watched when the car is in park, but there are worse ways to spend an evening than watching 'Brink' from the comfort of your Cybertruck. ☑️ Follow the leader. Spotify will follow Twitter’s lead and [stop selling]( advertising spots to US politicians and political parties in 2020. This not only applies to Spotify’s ad-supported services but also exclusive and original poddys. Facebook, however, continues to allow un-fact-checked political ads. Your move Zuckerberg… RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 Neither Raging Bull nor RagingBull.com, LLC (publisher of Raging Bull) is registered as an investment adviser nor a broker/dealer with either the U. S. Securities & Exchange Commission or any state securities regulatory authority. 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