In that is the big question with the average. S p climbing. Its not an easy one to answer. I think holy cow. What the heck are we doing up here however, it is just an inflection. I think there could be much more upside. I dont want you to leave thinking otherwise. I would start with washington. A few months ago it sounded inconceivable that we can get tax reform. Republicans in congress seemed to be in total disarray. Its not like that campaign on slashing Corporate Taxes. We interview legislators and they have a plan to raise revenues in order to avoid busting the budget. Remember the border tax thing . They were reluctant to cut Corporate Tax rate because it would leave a huge hole. There was no way any democrats were going to get on board. It seemed like a colossal waste of time. Somehow perhaps because of the president s endless harping, perhaps because they realize they can suffer hideous losses, the gop was able to cobble together a plan that is incredibly pro business plus the R
And what happens when the facts change tonight im going to show you in real terms what can go right and wha what can go wrong, because i want to teach you how to learn from both my wins and my mistakes so you can replicate the wins at home but avoid the losses hallelujah these are all taken from reallife investments made with my Charitable Trust where is we document every trade in real time so we know what went through the minds of both jack moore, our Research Director, and myself contemporaneously as we tell you what we would do before we pull any trigger so often were restricted because if i mention one of the portfolio stocks on air on cnbc, the trust is frozen and cant take action. But we can tell you what the trust would have done. Sadly, because of the restrictions, the trust cant do as well as you might be able do with the bulletins from acti actionalertsplus. Com but these lessons we learn tonight they encompass the moves we could have made and did make. Ill spare you the grit
I swear people are bored with what is going on with the stocks including today where the dow gained 105 points. Nasdaq falling 1. 5 . You know what i feel like doing when i see these numbers they are all napping. They are napping. Either they dont want to say anything good about the market because of politics as the president has done a good job of linking himself with the performances of the averages or they are prone to sleep. No matter how good stocks get it doesnt seem to hit their radar screen. I was on the case last week. San diego not bad. All i heard was bit coin, bit coin and bit coin. Cramer, how about bit coin. Cramer, bit coin, is it too late is it too early . Never stop. The market is an abstraction for most people. The truth is if you are bored by this incredible rally may i suggest that you get your head examined all aboard. 53 of the people in this country have exposure to stocks. While i wish more americans could afford to participate in Wealth Creation that is the sto
I do believe the riskiest fossil fuels are easily identifiable youve gotten rid of some of them already. And there are others that can be done in a more immediate fashion. And in how many weve sold in the thermal area, what, Nine Companies . Right. Restricted. Okay. Thats what were looking to build on right now. How many people have come to you and said, weve divested and we made a mistake . Or we wanted to slow it down, if we had a chance to resell . Walk me through none of our signatories whatever divestment theyve done. Its important to differentiate. If you divest from all fossil fuels and you do that tomorrow, thats different than selling off two Coal Companies or whatever it is. So i think what ill say is that every signatory thats taken some kind of divestment action, has done it in a thought out, procedural way and not a reactive, getridofthistomorrow way. I can safely say that, right . Thank you. Thats helpful. Are we on time . Behind. Shall we go to alan or do you have more q
Impact of fossil fuel usage. Second, the committee is encourages by the sixpoint recommendation for taking action on this topic, but would like to request more information regarding specific timelines for each of the action items lefted in the staff plan. The committee would like to communicate their grave concern regarding the possibility of a mass divestment of fossil fuels within a short time frame. The committee would advocate that the board undertake no such rash action until completing a complete analysis of the Financial Impact the effect it would have on pension performance and costs. We appreciate and understand the desire to divest from fossil fuels from different entities, but we must understand the implications of such a decision before its made. Sorry. Time. Thank you very much. Again, everyone has 1 minute. Were going to announce loudly when you are at your 1minute mark. Understand the constraints we have. Sara greenwald, are you present . Seeing shes not here. I will set