David Reavill

With every move he makes to streamline Government and remove waste, Donald Trump reduces the Fiscal Stimulus. It's an overdue process that is essential for America's long-term financial viability. We can only wish him well; it won't be without pain

The newly introduced DOGE Department Of Government Efficiency has taken the most significant step in providing the average citizen with a minute-by-minute update on the financial condition of America. It's impossible to overstate the long-term effect this will have on our Government's budgets and spending.

The newly introduced DOGE Department Of Government Efficiency has taken the most significant step in providing the average citizen with a minute-by-minute update on the financial condition of America. It's impossible to overstate the long-term effect this will have on our Government's budgets and spending.

Imagine a world where everyone was guaranteed an annual salary, not-for-profits, hospitals, schools, and universities didn't have to worry about their budget, and even corporations would receive income. This has been the dream of collectivists for generations. In their thinking, it would eliminate some of the basic limitations of capitalism, inequality, deprivation, and want. In short, this new economy would be heaven on earth.

Introduction: Recently, I've been asked about the recent drop in Nvidia's price. As a market leader, what are the potential negatives for investors? Generally, those who ask these questions underestimate the degree of uncertainty and variability that current financial conditions present. So, in an effort to explore where we are today, here is a hypothetical puzzle. Hopefully, this will give some insight into the Market's Momentum in light of Nvidia's crash.

Sunday's overnight Stock Futures were in turmoil. Everything was being sold—across the board, nothing but red. I furiously began to search for the reason behind this knee-jerk reaction.

For months now, Wall Street has lived on the hopes and aspirations of a new technology, Artificial Intelligence. AI promised to take these highly profitable companies to the next level. The big six were already the most valuable financial assets on the globe. Three were valued at over $3 trillion, (Nvidia, Apple, and Microsoft) two over $2 Trillion (Amazon and Google/Alphabet), and the “low priced company (Meta) at over $1 Trillion.

For months now, Wall Street has lived on the hopes and aspirations of a new technology, Artificial Intelligence. AI promised to take these highly profitable companies to the next level. The big six were already the most valuable financial assets on the globe. Three were valued at over $3 trillion, (Nvidia, Apple, and Microsoft) two over $2 Trillion (Amazon and Google/Alphabet), and the “low priced company (Meta) at over $1 Trillion.

This week began the effort to unwind the most costly war, in terms of lives and resources, that Europe has seen in 80 years. It has been a tragedy of epic proportions. While we don't know exactly how this war will end, the peace process has at last begun.

There is much more to a financial report than just debits and credits. If you know how to look, you will find an organization’s collective aspirations over time, the goals and directives that shape an entity’s success or failure — all there in dollars and sense.
Today, we look at the latest financial report for the Los Angeles Fire Department.