This image says all of it…
President Joe Biden welcomed President-elect Donald Trump to the Oval Workplace.
As soon as once more, America has confirmed why it’s the best democracy on this planet.
The 2024 presidential election is behind us, and the switch of energy is occurring peacefully, simply because it has for over two centuries.
No chaos, no drama — simply democracy working because it ought to.
That is what makes our nation distinctive. Leaders on either side of the aisle present respect for the method and prioritize the folks’s will.
The outgoing administration is cooperating with the incoming one, making certain a clean transition that retains America shifting ahead.
It’s a robust reminder of what makes our system so distinctive.
Regardless of how robust the campaigns have been or how heated the debates bought, the peaceable switch of energy reveals the energy of our Structure and the character of our folks.
As we glance forward, let’s not take this with no consideration. It’s a testomony to the enduring energy of democracy — and a reminder of what makes America distinctive.
Now’s the time to unite and look ahead. For traders, the inventory market is about to enter a pro-business increase.
DOGE Goals to Unleash America’s Financial Potential
Elon Musk and Vivek Ramaswamy have a plan to scale back U.S. authorities spending by eliminating “waste,” doubtlessly saving over $2 trillion.
These two enterprise titans, handpicked by President-elect Trump, are bringing an entrepreneur’s mindset to streamline authorities operations.
The Division of Authorities Effectivity (DOGE) is a novel thought created to maintain the U.S. authorities accountable for wasteful spending and assist make higher use of taxpayer cash.
The mission is evident: slash waste, shrink the federal workforce and roll again pointless rules.
Listed below are just some examples of presidency waste…
- In 2022, the State Division awarded $20,600 to a middle in Ecuador for 12 drag theater performances and a brief documentary.
- In 2021, the NIH granted $549,000 to a Russian lab for experiments on cats, together with mind removing to check their skill to stroll on treadmills.
- In 2023, the federal authorities wasted billions because of errors and fraud. It despatched $1.3 billion in checks to deceased people and $171 million to prisoners. Medicaid and Medicare paid $101 billion improperly, primarily from fraud, whereas tax cheats price the IRS $546 million.
Right here’s an extended listing of wasteful spending compiled by Congressman Invoice Posey (R-FL). It’s sufficient to make your abdomen flip.
Whereas many People are having bother placing meals on their desk, that is the place our tax {dollars} are going. DOGE will remove this sort of wasteful spending.
These aren’t simply lofty guarantees — they’re backed by Supreme Courtroom rulings like West Virginia v. EPA and Loper Vivid v. Raimondo, which permit for the removing of guidelines that overstep Congress’s authority.
Musk and Ramaswamy are decided to implement these rulings and cut back the paperwork that has strangled companies for many years.
On November 20, 2024, Musk and Ramaswamy wrote an opinion column within the Wall Avenue Journal: “The DOGE Plan to Reform Authorities.”
They wrote that the federal authorities’s procurement system is damaged, with many contracts “unexamined for years.” Giant-scale audits throughout a brief fee pause might get monetary savings. The Pentagon has failed its seventh audit, revealing poor oversight of its $800 billion funds.
What does this imply for the economic system?
Think about hundreds of outdated rules gone. Companies will not face pointless hurdles, giving them the liberty to develop and innovate.
This surroundings will assist corporations thrive, driving progress for traders like us.
However DOGE’s ambitions transcend rules.
The initiative goals to save lots of taxpayer {dollars} and make the federal government extra accountable by trimming down the federal workforce and relocating companies out of Washington.
The aim isn’t simply effectivity — it’s about restoring belief and lowering the burden on companies and people.
As Musk stated, “We’re not right here to chop ribbons; we’re right here to chop prices.”
Traders take observe: A leaner, extra environment friendly authorities can unleash financial potential, opening doorways for brand new industries and alternatives.
This isn’t only a plan — it’s a blueprint for unlocking America’s full potential.
With DOGE set to ship outcomes by 2026, this initiative might create a ripple impact throughout markets.
Maintain your eyes on companies poised to profit from this pro-growth, pro-business surroundings.
Alternatives like this don’t come round daily. And we’re going to be able to make the most of this.
I’d wish to want every of you — and your family members — a Completely satisfied Thanksgiving.
Could God bless every one among you, and God bless America.
Regards,
Charles Mizrahi
Founder, Alpha Investor