Let's take a look at Elon Musk's preliminary work plan as the Director of the U.S. Development and Reform Commission: First, abolish the Federal Reserve, or place it directly under the President's jurisdiction. Second, completely stop all aid to Ukraine. Third, reduce government departments from the original 428 to 99. Fourth, cut the workforce by 70-80%. Fifth, reduce the government budget expenditure by approximately $1.1 trillion annually. Sixth, deport illegal immigrants and reduce their numbers, lowering welfare spending. Seventh, shrink overseas military forces and increase the burden of military expenses on host countries. Eighth, increase investment in the new energy economy... Ninth, Musk's son #BabyMarvinf9c7火星狗 is about to go public.
Let's pay attention to the overnight US stock market. On November 15th, local time, the three major US stock indexes closed down collectively. As of the close, the Dow fell 0.70%, the Nasdaq fell 2.24%, and the S&P 500 fell 1.35%. In terms of economic data, US retail sales in October increased by 0.4% month-on-month, and the expected increase was 0.3%. The previous value was revised from 0.4% to 0.8%. The Nasdaq and S&P 500 indexes recorded the largest weekly declines since September, and the panic index soared during the session. On November 15th, local time, the three major US stock indexes closed down collectively. As of the close, the Dow fell 305.87 points, or 0.70%, to 43,444.99 points, and fell 1.24% this week; the Nasdaq fell 427.53 points, or 2.24%, to 18,680.12 points, and fell 3.15% this week; the S&P 500 fell 80.10 points, or 1.32%, to 5,870.62 points, and fell 2.08% this week. #BabyMarvinf9c7牛市新星⭐
Musk just took office, the first move was to cut the US military spending by hundreds of billions? This may be good for China
#BabyMarvinf9c7牛市新星⭐ On November 14th, local time, Musk, who had just been appointed by Trump as the head of the Government Efficiency Department, began to "recruit troops". The main purpose was to streamline the US federal government and improve administrative efficiency, so that after implementing tax cuts, the US fiscal expenditure could be reduced. In fact, Musk carried out similar reforms after acquiring Twitter and renaming it "X". In half a year, he laid off 90% of the employees, leaving only about 1,000 full-time employees. After taking office, Musk and his deputy Ramaswamy said that 75% of US spending could be "easily cut", at least about 2 trillion US dollars in budget could be cut. This situation has triggered extensive discussions across the United States. Apparently, after the reform of the "X" platform, Musk is very confident and is ready to apply his strategy to the US government system.
#BabyMarvinf9c7正在蓄力起飞🛫 Bitcoin traded 4.1% lower on Nov. 14 after U.S. inflation data came in slightly above market expectations. This decline mirrored the S&P 500 futures, which fell from 6,023 to 5,980 in four hours.
As a result, traders are now beginning to question the extent of this correlation and when Bitcoin’s inflation-hedging properties might provide some protection in an environment of persistent inflation. Bitcoin’s recent intraday moves have been in line with stock market performance, reflecting concerns about persistently high inflation. However, from a broader perspective, fiscal challenges in the U.S. are likely to remain as government spending is unlikely to be slashed significantly amid recession risks.
Ultimately, Bitcoin’s trajectory toward $100,000 and above could withstand temporary pressure from short-term investors’ inflation concerns.
It is normal to feel afraid before doing something. You might as well tell yourself: do it first and give it a try. When you really do it, you will find that things are not as difficult as you imagined, and your ability is beyond your imagination.
Without the desire to act, it can only become a fantasy; without the dream of action, it will never come true. Instead of missing the opportunity while waiting, it is better to improve yourself in action. The moment you decide to set off, you have already succeeded halfway.
No matter what it is, only by starting bravely can you know how great your potential is; only by keeping moving forward, the answer will slowly emerge over time. #BabyMarvinf9c7值🉐拥🈶
There is no craziest, only crazier. If you think of the United States as Tesla, everything will go smoothly.
What is the "Department of Government Efficiency"? This department, which sounds full of "efficiency", is actually aimed at cutting government regulations and waste. Trump's original words were: "The Department of Government Efficiency will pave the way for dismantling government bureaucracy, cutting redundant regulations and wasteful spending, and restructuring federal agencies." Although it is not clear how this department will operate, Musk has made a bold statement in response to the appointment: the Department of Government Efficiency will publish its "all actions" online to achieve "maximum transparency", with the ultimate goal of cutting the US federal budget by "at least" $2 trillion.
Musk has found a clever way to solve the US debt crisis. He has laid off civil servants on a large scale, reducing 428 government departments to 99 departments, and at the same time, reducing US military spending to the maximum extent. The United States is currently facing a severe debt crisis, with a debt balance of more than 3.6 trillion yuan and a US fiscal deficit of more than 1.8 trillion US dollars. The United States is still in a high-interest stage, and the annual tax revenue of the US treasury is not enough to pay the debt interest, which makes the corresponding situation unsustainable. In order to fundamentally solve the debt crisis and fiscal crisis, Musk took the initiative to serve as the director of the US Efficiency Commission. Musk has long discovered the root cause of the US debt crisis and fiscal crisis, which is the overly bloated institutions and inefficient government operation efficiency. According to Musk's plan, the US federal government will carry out large-scale layoffs, reducing the existing 428 departments to only 99 departments. If this plan is implemented smoothly, the US federal government's civil servants will be laid off by 70% to 80%, which can be described as a thorough revolution. #BabyMarvinf9c7牛市新星⭐
My dears, you need to be cautious when investing when the market is booming. The market has been a little bit ❤️ed up these two days, so be careful of the ups and downs and the extreme harvest. #BTC连续破新高,你看到多少? #BabyMarvinf9c7正在牛市赛道起点
BTC aims for the $90,000 mark: Who is driving the price? Is $100,000 far off?
#BabyMarvinf9c7牛市新星⭐ Since Trump's victory, the crypto market has been booming. At 7:20 AM Beijing time on November 12, BTC reached a high of $89,553.2, with a 24-hour increase of over 10%. Other cryptocurrencies have also risen significantly. As of the time of writing, ETH is priced at $3,309.23, with a 24-hour increase of 3.3%; Solana is at $217.20, with a 24-hour increase of 3.2%; Dogecoin is at $0.3529, with a 24-hour increase of 20%. What are the current driving factors in the crypto market? How long until BTC reaches the $100,000 mark? According to Whale Alert, Tether Treasury minted an additional 2 billion USDT on Ethereum around 1:07 AM Beijing time on November 12. Tether CEO Paolo Ardoino commented that this is an authorized but unissued transaction, meaning it will be used as inventory for the next issuance requests and on-chain exchanges.
After the significant events in the United States, international precious metal prices have fluctuated greatly. The strengthening of the dollar and high U.S. Treasury yields have pushed gold to record its largest single-day drop in over three years. On November 12, spot gold prices continued to decline, briefly falling below the $2600 mark for the first time since September 20. As of the time of writing, the price is $2603.18 per ounce, just a step away from the $2600 per ounce barrier. Shanghai gold and silver prices have also both fallen, with both dropping over 2% as of the time of writing. #BabyMarvinf9c7牛市新星⭐ #黄金下跌
Today's A-shares, the market is a bit unusual! Those who are fully invested are smiling! Those who are fully invested and those who are not should patiently watch; there may be significant movements soon...
#BabyMarvinf9c7正在牛市赛道起点 1. Alcohol will rise. Everyone can relax, at critical moments, alcohol and banks will both rise. But don’t always compare them with photovoltaics and semiconductors; that can be exhausting. Since you have chosen them, you must value their certainty, so don't expect excessive returns. Constantly comparing will be tiring; photovoltaics, securities, and semiconductors are growth industries, while alcohol and banks are traditional industries. Moreover, over the past three years, they haven't dropped as much as those industries.
2. The market is a bit unusual; photovoltaics and batteries continue to rise. New energy has already helped many people recover their losses. Currently, the medical and pharmaceutical sectors are still at relatively low levels, but they will rise in the future; the key is to be patient. Don't chase gains; chasing gains in a bull market can be troublesome. Participate in what is within your understanding and find the strategy that feels most comfortable for you.
#BabyMarvinf9c7正在牛市赛道起点 Those who understand gratitude are closest to wealth. Those who do not understand gratitude are ordinary people. Those who understand gratitude are saints. Those who do not understand gratitude: First, blacklist. Second, no future wealth codes or money-making information will be given. In the end, one day you will feel very gratified for your choices today. #牛回速归,晒晒你的持仓? #BabyMarvinf9c7值🉐拥🈶
Rutte: If Trump hands Ukraine over to Putin, he will drive the US out of NATO
US President-elect Trump spoke with Russian President Vladimir Putin on the phone to discuss the war in Ukraine and possible solutions, US media (The Wall Street Journal) reported on Sunday. With Russia occupying 20% of Ukraine, this is unthinkable for the Biden administration. Biden called Putin a "butcher" and a "tyrant." Taking the initiative to call Putin is a "show of weakness" and an act of collaboration with the enemy. During the campaign, Trump promised to end the war in "24 hours." How will he end Europe's biggest war since World War II? Trump asked Zelensky to be realistic, according to Trump adviser Lanza, who told the BBC. He said the US priority was "peace and stopping the killing" and not helping Ukraine retake occupied territories. According to Lanza, Trump wanted Ukraine to trade land for peace. He told Zelensky that "Crimea is gone" and not to accuse the US of helping to retake these territories.
The winter of the South Korean economy is not without reason
#BabyMarvinf9c7值🉐拥🈶 South Korea is set to become the first disappearing developed country. The true nature of its economy is finally being revealed, with significant declines in semiconductor and automobile exports leading to only a 0.1% quarter-on-quarter GDP growth in the third quarter of 2024. Although this positive growth barely escapes the embarrassment of two consecutive quarters of negative growth, its economic pillar's vulnerability, primarily reliant on exports, is being laid bare in the face of an international economic crisis. Although South Korea wears the so-called crown of a developed country, its severe dependence on exports, reliance on oligarchs to drive the economy, and the fundamental characteristic of being tightly controlled by American capital means that any misstep could lead to catastrophic consequences. Samsung's collapse began with huge losses in semiconductors last year, and this year it faced fierce competition from Chinese brands in Southeast Asia's mobile phone market, losing its competitiveness. Then a prolonged strike at its Indian factory plunged it back into trouble.
Bitcoin bulls and bears are both killed, Dogecoin is completely crazy! More than 220,000 people were liquidated in one day
#BabyMarvinf9c7正在蓄力起飞 In the past 24 hours, digital currencies have experienced huge shocks, and investors have suffered heavy losses. Bitcoin, after briefly reaching the $80,000 mark, quickly fell back by nearly $2,000, and then quickly rose by $3,000 to break through the $81,000 mark, and then quickly plunged again.
Other digital currencies also experienced a roller coaster ride. Dogecoin quickly fell back after a sharp rise, but as of press time, it still rose by about 25%. The leverage ratio of the digital currency market is high. During the fierce battle between long and short positions within a day, investors suffered heavy losses. According to Coinglass data, more than 220,000 people had their positions liquidated in the past day, with the amount of liquidation approaching $700 million. After Trump's victory and the Fed's interest rate cut, a large amount of funds flowed into the digital currency market. Bitcoin spot ETFs continued to have net inflows: on November 6, a total of $622 million in net inflows, $1.359 billion on the 7th, and $292 million on the 8th.
#BabyMarvinf9c7最近会大涨 Trump's ability to win is greatly related to the serious contradictions existing within the West. The ruling parties in Western countries are currently in a tough spot; the Conservative Party in the UK has been replaced by the Labour Party, Macron's centrist party in France has shrunk significantly, and Japan's Liberal Democratic Party has failed to maintain its long-held majority seats. On the other hand, both left-wing and right-wing forces are rising in Western countries. The West is facing significant issues; the economy is struggling, ordinary people are experiencing hardships, social problems are quite severe, and international status is declining, so the ruling party must bear the responsibility. Moreover, the Democratic Party's candidate Harris is indeed too weak; many bigwigs from the Democratic Party and even establishment Republicans have stood by her, but they cannot support her adequately. Additionally, the policies promoted by the left wing of the Democratic Party in recent years have been too extreme and go against common sense, such as gender issues; California has defined 97 genders, which indeed violates common sense, leading to public dissatisfaction. These three points are the main reasons why the Republican Party won a landslide victory over the Democratic Party in this election. #BTC突破8W大关 #山寨季分析 #特斯拉市值重上1万亿美元
#BabyMarvinf9c7马斯克的火星🐶 Highest increase of over 71%, 340 companies received institutional research This week (November 4th - November 8th), the market overall rose, with major indices in the A-share market all closing higher. Among them, the Shanghai Composite Index rose by 5.51%, the Shenzhen Component Index rose by 6.75%, and the ChiNext Index rose by 9.32%. On the surface, all industry indices rose collectively throughout the week, with 9 industries including computer, defense & military, and electronics showing increases of over 10%, while industries such as banking, steel, and public utilities performed relatively weakly. In terms of thematic sectors, satellite internet, satellite navigation, and ice & snow tourism sectors showed active performance. This week, the enthusiasm for institutional research continued to remain high, as of November 8th at 18:00, a total of 340 companies disclosed institutional research records, among which Shengyi Electronics, Desay SV, and Jinggong Technology were researched by over a hundred institutions. In terms of profitability, the overall profitability effect of individual stocks under institutional research this week was quite strong, with over 94% of companies researched by institutions achieving positive returns. Among them, Chuangyuan Xinke achieved the highest increase of 71.6%, Fujida rose by over 52%, and Kangnong Agriculture and HNA Holdings both rose by over 40%. #山寨季分析 #BabyMarvinf9c7最近会大涨
Bitcoin breaks $79,000, rising over 3% in a day, reaching an all-time high, with 130,000 liquidations. Dogecoin surges over 13%. The bull market switch has been turned on, everyone, prepare quality coins for a big profit. #BabyMarvinf9c7列车即将发车🚂 #meme2024 #山寨季分析