Can Texas save Musk from ruin?

TecnoKing wants venue change because San Francisco hates him ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ The Fed is trying to tell people to stop being so optimistic. It's not working. Federal Reserve Governor Lisa Cook had some extremely important comments on Friday. She said that she would "caution against putting too much weight on the past few favorable monthly data reports." In other words, she wants analysts to stop making sweeping conclusions from just a few data points that say inflation is slowing down. Way too many people think a Fed "pivot" on interest rates is coming soon. Many WANT it to happen, and that's clouding their judgment. She also said that "inflation in other core services" is still "stubbornly high." Again, the Fed is still seeing inflation, even if the situation is getting a little better. Keep in mind that we've already seen the minutes from the Federal Reserve's meeting in December. We know that they have pretty much ruled out an interest rate cut this year. Now could that change? Yes... but probably only if we see significant pressure from the White House. Barring an absolute depression, the Fed is going to be focused on inflation, and the economy is just going to have to take a hit. The nightmare scenario is stagflation. The biggest factor here is that we may see energy prices increase because of fundamental supply shortages due to the continuing war in Ukraine. A number of experts are calling for a major push for America to help Ukraine secure "victory" this year - and that would mean driving Russia out of Crimea. No Russian government, democratic or otherwise, could allow that and survive. This week is shaping up to have some big opportunities. But keep a clear head. Don't make the mistakes so many "experts" are falling for right now. Trust the numbers and see the world as it is - not as we wish it to be. Keep Moving, Since the dawn of Rogue Investing Daily, Mr. X has been keeping his readers one step ahead… Forecasting picks with returns of 390% in under a year... 442% in less than a month... and 1,154% in 16 months... and urging subscribers to hold back from any new crypto investments right before the crypto bear market. [Stay ahead of market shifts and save 70% today.]( ) WORD ON THE STREET Chaos In Brazil, Speaker McCarthy, TecnoKing Wants Texas - "Hey, I've Seen This One!" - Supporters of former Brazilian president Jair Bolsonaro stormed Brazil's Supreme Court and presidential palace. About 400 people have been arrested. It's doubtful that this will do anything to remove President Luiz Inacio Lula da Silva. Bolsonaro is in Florida and there are few signs that the military is willing to cross the line to bring back Bolsonaro. - Kevin McCarthy Wins, But At What Cost? - On the 15th round of voting, Rep. Kevin McCarthy (R-CA) finally became Speaker of the House of Representatives. However, he has had to make concessions to populist Republicans who challenged him, most notably Rep. Matt Gaetz (R-FL). Now, even a single member can force a vote to oust the Speaker. Rep. McCarthy's hold on the gavel is fragile. Investors should be especially concerned that once routine increases in the debt-ceiling will now become political showdowns - "You Can Go To Hell - I'm Going To Texas" - Elon Musk is requesting a change of venue for a shareholder lawsuit. Musk, as he does, had tweeted in 2018 about taking Twitter private at $420 a share. A lawsuit by shareholders was the inevitable result. However, Musk's attorneys say that "local media have saturated" San Francisco and northern California "with biased and negative stories about Mr. Musk." Musk wants the trial to take place in Texas instead, where Tesla relocated its EV factory. - Biden Visits The Border - President Joe Biden has been hammered by both Republicans and Democrats for arguably creating a migration crisis. To counter these claims, POTUS visited El Paso and spoke with officials about ensuring border security. While President Biden is under attack from both Republicans and Democrats, reports indicate that he may try to make another push to legalize migrants in the United States - potentially easing the tight labor market and reducing inflation. Yet such a deal will be tricky - conservatives will seize on the issue while progressives may refuse any deal if it means more funding for border security. HOT SPOTS: What's Going on in Geopolitics - War With The "Archenemy" - Ukraine's Ambassador to the United Kingdom, Vadym Prystaiko, made a bold proclamation of victory in 2023. "I don't believe it [the war] will drag on longer than a year." However, he also warned the West against any peace talks that would cede any occupied Ukrainian land, including Crimea. He said the West "has a unique chance," because there "are not many nations in the world who would allow themselves to sacrifice so many lives, territories, and decades of development for the purpose of defeating the archenemy." - China Lifts Almost All Border Controls – Thousands are traveling in and out of China on a large scale for the first time since the early days of the pandemic. Of course, the timing is awkward. A COVID-19 outbreak in China means that it is the United States which has recently announced that travelers from China will need to show a negative COVID test before they can enter America. In other words, we're cracking down even as they are opening up. - Day Of The Sicario - The Sinaloa Cartel built by Joaquin "El Chapo" Guzman is upping its efforts against the Mexican government following the arrest of El Chapo's son. In videos posted on social media, the cartel even appears to be using young boys and girls as "child soldiers." The conflict is currently centered on the city of Culiacan, where there have been shootings and blocked roads. JPMorgan declares this new oil boom is a SUPER bull for oil and says "an energy revolution is underway." Which is why Chief Investment Strategist, Adam O’Dell, has just released the details on his No. 1 oil stock of 2023. [Click here for more details.]( ) CUTTING EDGE: What[']( )s Happening In Tech - Apple Cancels Next iPhone - If the world is heading for a recession, new cell phones are going to be one of the first expenses consumers will cut. Apple (AAPL) has reportedly decided to scrap the iPhone SE 4, with analyst Ming-Chi Kuo claiming that sources in the supply chain are saying that production has been canceled. Sales for other iPhone models have also been lower than expected. - "The Right To Repair"– The American Farm Bureau Federation has reportedly made a deal with Deere & Co about one of the most contentious issues in tech - the "right to repair." As farming equipment becomes increasingly high tech, farmers are trapped into only using "authorized" dealers and suppliers when machinery needs to be fixed. According to Farm Bureau president Zippy Duvall (in passing, what a great name), farmers "everywhere are able to repair our own equipment." - Alibaba Gets A Break - Jack Ma has given up control of Ant Group, and that's good news for Alibaba. Alibaba's stock is up in Hong Kong this morning after the new deal was announced. Jack Ma looked like one of the most powerful men in China before the pandemic - but his star has faded as the government brought corporate leaders to heel as part of a political crackdown. I feel like we all forget that China is still technically Communist FOR YOUR CONSIDERATION When I look at a potential trade set-up I tend to rank it depending on how strong my indicators are flashing. There are great set-ups, good set-ups, and risky set-ups. Holidays are over, no more breaks. It's time to hit the trading year hard, and that means setting up the foundation for a trading system that will deliver you consistent wins - while also giving you peace of mind. This will improve your trading. Chris Hood shows you a setup that lets you see your gains accumulate and help you quickly adjust to meet your goals. Meet your new best friend - the cash alternative fund [TAKE IT TO THE BANK]( ) Enjoying Dawn Report? Learn something, made some money? 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