Headlines that don’t matter and one that does
At 2pm ET today on The IAm Cody Willard App, I’ll be Live Streaming today’s Trading With Cody conference call, answering questions about individual stocks, the markets, the economy, politics and anything else that comes up. Download The IAm Cody Willard App. Android app: https://goo.gl/1EG3E1 iPhone app: https://goo.gl/95QJXu
I’ll also take questions over the phone on our conference call line. (Dial-in: 641-715-0700 Access Code: 709981), in the Trading With Cody chat room or just email us your question to support@tradingwithcody.com.
GOP tax cuts. North Korea war tensions. NFL national anthem debate. Russian Facebook election issue. Russian influence on the election. Republican Obamacare repeal no go redux.
The biggest factor and only one that matters out of all of those for now is the tax cut bill by the Republicans. Remember that the effective tax rate of global corporations based in this country is nowhere near 30% or 20% right now — before the cuts. Note that there will be almost no loophole or deductions or subsidies for giant corporations or banks in the new bill. But more importantly note that any tax cuts and continued debt growth is yet another small but relevant factor factor that is part of the Republican Democrat Corporatist Regime’s system that helps keep the Bubble Blowing Bull Market we’ve been positioned for and are continuing to profit from.
So really, our playbook is still the same. Let’s keep some nice cash as we look for great pitches and stay mostly positioned for more Bubble Blowing Bull Markets and steady Betty economic growth with our Trading With Cody Revolution Investing stocks.
See you on The IAm Cody Willard App in a bit!