Heritage economist E. J. Antoni analyzes December's employment report on “how to make money.''
Stocks plummet after better-than-expected jobs data, creating new headwinds for the Federal Reserve
・President-elect Trump harshly criticized President Biden in response to his aggressive moves toward energy drilling.
-More Fortune 500 companies are eliminating DEI policies
-California wildfires exposed major deficiencies in national disaster insurance and preparedness
– Inside California's Broken Insurance Regulations
-IRS outlines key dates for 2025 tax season
Stock price decline: U.S. stocks ended sharply lower on Friday, with the Dow Jones Industrial Average dropping nearly 700 points.…Click here to learn more about the market. Bitcoin is also on a sharp downward trend…Click here for live prices of virtual currencies.
| ticker | safety | last | change | change % |
|---|---|---|---|---|
| Me: DJI | Dow Jones Average | 41938.45 | -696.75 |
-1.63% |
| SP500 | S&P500 | 5827.04 | -91.21 |
-1.54% |
| I:Comp | Nasdaq Composite Index | 19161.627517 | -317.25 |
-1.63% |
Investors were not impressed by December's employment report, which was better than expected. Here’s why…Continue reading here.
video: Why employment statistics matter to the Fed.
Not so fast: President-elect Trump promises to reverse President Biden's ban on new drilling…Continue reading here.
video: President Trump talks about America's energy independence.
Throw away the day: Facebook parent company Meta is rolling back company policies promoting DEI (diversity, equity, and inclusion)…Continue reading here. Shortly after, Amazon did something similar…Continue reading here.
video: Large U.S. companies are rapidly reversing DEI.
California wildfire crisis
California crisis: Thousands of residents lost everything in this week's wildfires in and around the Palisades, and many are uninsured. After all, the state may be responsible for the insurance company cutting off coverage…Continue reading here.
video: Investor Kevin O'Leary slams California Governor Newsom as wildfires rage.
Throw away potash: These insurance companies kissed California goodbye…Continue reading here.
The most expensive califire of all time: California wildfires in January 2025 could be the costliest in history…Continue reading here.
Decrease in insurance stocks
| ticker | safety | last | change | change % |
|---|---|---|---|---|
| all | allstate company | 181.02 | -10.79 |
-5.63% |
| C.B. | Chubu Co., Ltd. | 257.71 | -8.94 |
-3.35% |
| TRV | Travelers Company Co., Ltd. | 232.43 | -10.34 |
-4.26% |
| A.I.G. | American International Group Co., Ltd. | 70.50 | -0.92 |
-1.29% |
| MCY | mercury general corporation | 48.64 | -12.05 |
-19.86% |
Tax Tips: What you need to know
2025 tax season: The IRS has announced key dates for the upcoming tax season…Continue reading here.
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