What happens in Davos stays in Davos

[The beef 675] [I'm an image] “My invite got lost in the mail again...” - Jeff, on the World Economic Forum [Read The Beef Online - Click Here]( Hey there carnivores, Markets were closed yesterday for MLK Day, but ICYMI they were up on Friday. Today we’re checking in on Davos. Keep raging, Jeff & Jason [Image] [I'm an image] What happens in Davos stays in Davos The 50th annual World Economic Forum [kicks off today]( in Davos, Switzerland. As is tradition, the forum will give the 1% an opportunity to pat each other on the back, discuss income inequality (LOL JK) and presumably pledge a blood oath to the New World Order. Of course, when they aren't deciding the fate of humanity the smartest guys in the room will be treated to stale pastries and a slate of insufferable "breakout sessions." Today's docket includes Donny Politics and Greta Thunberg (x2). World leaders and CEOs [will look to each other]( for clues on what to expect from an economic and geopolitical perspective via keynotes such as "Climate Apocalypse panel with Greta Thunberg" and "Future of Finance panel with Citigroup CEO Michael Corbat and Zurich Insurance CEO Mario Greco." I guess DJ D-Sol was too busy to spin his theory on having hobbies outside of the office? What's a conference without an implausible theme? Business leaders, policymakers, academics, and politicians will be ferried to Davos via... private jets... to [discuss sustainability]( (among other things). You can't make this sh*t up, folks. That's right, this year's theme is "Stakeholders for a Cohesive and Sustainable World"... whatever the f*ck that actually means. For what it's worth, the WEF is putting its money where its mouth is "offsetting all air travel by purchasing carbon credits" for the fourth year in a row. Overall the Forum's hope is to foster an economic environment that serves all stakeholders (read: not just shareholders) including customers, employees and communities. Bottom line... Just ahead of the meeting (coincidence? I think not...) the 20th annual Edelman Trust Barometer revealed that 56% of respondents [question capitalism]( as it exists today. The survey asked 34k average Joes in 28 countries what they think of the economic system. Is there any good news for the economic elite... other than being the economic elite? Welp, the nerds over at the IMF think the economy will [strengthen]( in 2020, growing at 3.3% vs. 2.9% last year. This is down slightly from the 3.4% consensus in October. So what's in it for us? You mean besides the tales of drug-fueled sexcapades on the global elite that will inevitably get picked up by The Sun? The countless interviews and "surveys" coming out of the meeting could provide an economic barometer for 2020 and beyond. So keep your eyes peeled. [I'm an image] Since you probably won’t be in Davos... Last night I kicked off my week-long options trading class. 1. Options Fundamentals (LAST NIGHT) 2. Portfolio Allocation (Tuesday, January 21st at 8 PM EST) 3. Choosing the Best Contract (Wednesday, January 22nd at 2 PM EST… yup, a little afternoon delight with ya boy) … which all leads up to the [MAIN EVENT…]( 4. How to identify the 3 phase lifecycle of any stock and how to profit from it (January 23rd at 8 PM EST) [Join the waitlist now.]( [I'm an image] ☑️ ICYMI… Banks and US markets were closed yesterday for MLK Day but that didn't stop us from getting our newsletter on. In case you were busy enjoying a long weekend, here's a recap of what you missed. Johnson & Johnson caught a break after a judge [reduced]( a potential punitive payment from $8B to $6M, Elon and the gang announced that SpaceX would be ready to [take humans to space]( in 2020, and Spotify is allegedly in the early stages of [acquiring]( sports and pop-culture media outlet The Ringer. ☑️ Do the Wave. Amazon [is in the early stages]( of turning a customers' hand into a credit card. Jeffrey Commerce and Co. are creating checkout terminals that would allow a shopper to link their credit card information to their hand and then pay for their purchase with their palms. But what if they're sweaty? This would be the latest, and most unique, effort by a tech company getting into the financial space, as Apple introduced a credit card last year and Google is getting into the checking account game. The company plans to pitch its new product to coffee shops, fast-food restaurants, and other locations that do a lot of repeat business. ☑️ Tech Tax. France and the US [had a 'great discussion']( Sunday night about the sexiest topic known to man... taxes. The leaders chatted in an effort to avoid a trade war while the two sides discuss a broad accord on digital taxation. France will postpone a tax that it levied on large tech companies *cough* Google *cough* last year until the end of 2020, and in return, the US will postpone retaliatory tariffs against $2.4B of French goods. 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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