The Jason Stapleton Program

The Teamsters are trying to negotiate a deal with UPS on behalf of their drivers to ensure UPS doesn't use autonomous cars or delivery services as it moves to cut cost and increase efficiency.

I have no problem morally with unions, but this is one of the main reasons I don't like them. You see it doesn't matter if UPS starts using drones or driverless cars or not. If they don't FedEx will. If FedEx doesn't do it DHL will and if none of them do AMAZON will!

You can't escape progress and technological advancements. All you can do is make yourself less competitive.

If you're in an industry that's facing technological advancements that will put you out of a job you need to learn some new skills.

You could start by taking my trading and investing course. I've got a discount going right now that will save you 50%, but the offer ends soon.

Don't run from reality. Embrace it and learn to thrive in it!

Jason

I always laugh when I hear Nancy Pelosi talk about the "rich." She is constantly complaining about how the rich don't pay their fair share, how taxes are too low, and there are too many loopholes.

Well, it turns out, when faced with a gigantic tax increase Nacy decided to take every step possible to avoid paying her "fair share."

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A lot has been said about the universal healthcare systems around the world. There are plenty of people who think we should be emulating these systems but when you take a closer look what you find is a system on the brink of disaster.

Today we'll look at Britain's National Health Service to demonstrate what happens when you give the government a monopoly on healthcare.

Remember, these people are "entitled" to healthcare. That's what every government says to sell you on the idea. The reality is far different than the vision they sold.

Apparently, if you want to watch a trillion dollars vaporize in 2018 all that's required is a 1% rise in interest rates.

No, I'm not kidding you. It's science. (thanks, Ron Burgandy)

They can actually calculate what a 1% rise in interest rates will mean to the value of bonds, and it turns out to be a loss of 1.2 billion dollars.

I've been warning for a long time that the next great crash will probably originate in the bond market. Rapidly rising interest rates due to a lack of confidence or the need to stave off inflation would crush the economy due to the massive number of leveraged bondholders.

It's something to keep an eye on as you plan for the future.

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"Secret Society". That's the big buzz word today. Republicans say they have text messages as well as a whistleblower that confirms a group of people at DOJ and the FBI met off-site after Donald Trump was elected president, presumably to discuss how to damage his agenda and reputation.

How much of this is true? We don't know because we don't have the text messages or the whistleblower to corroborate what the Republicans are saying. From what I can tell the story is a bit overblown and I'll explain on today's show.

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What holds you back from success? Is it the government? Is it high taxes, regulation...or is it your own limiting beliefs about what's holding you back?

I've got a stack of stories covering the bonuses, pay raises, and stock options companies are handing out to their employee's thanks to the recent tax cut.

But the more I read, the more frustrated I get because I have the sense people are focused on the wrong things.

Today I'll give you what I hope is some motivation to throw off your old beliefs and challenge yourself to achieve more this year.

Have a great Day!

Jason

It turns out retail investors are sitting on less cash than they ever. That means the majority of their money is invested and NOT sitting on the sidelines.

And can you blame them?

The market just continues to climb. Everyone is suggesting it's going to go higher. Sure, there are a few voices on the outside suggesting we might be running hot, or even headed for a disaster but in a world where yield is scarce what else you can do?

You stay invested, you invest more. It's the blind leading the blind right now, but I'm reminded of some very sage advice I got when I was learning to trade.

"When the retail money shows up, it's time to get out."

What that means is, when uneducated money is the fuel for a stock, sector or market it's time for you to look for an exit because that's what all the smart money is doing.

How do we know the smart money from the dumb money? That's the catch. You only find out after the market corrects.

I'm not saying get out; I'm not saying stay in. What I'm saying is this market is no longer running on sound fundamentals, and the stupidest investors on earth have the bulk of their wealth invested. If that doesn't give you pause, I don't know what will.

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What would happen if robots took over everything? Would we create a two-tiered society of have and have-nots? Would we see massive unemployment as entire industries are replaced with AI robots?

Answer a simple question for me...

WHEN in history has an increase in technology and production lead to an overall decline in a societies standard of living?

Even if you look at war and the massive increased in the technology used for violence, the overall result has been a decrease in casualties due to the discriminating nature of the tools of war now being utilized.

It's silly to think our lives will be diminished with the advancement of AI. Jobs will be lost, that's a given, but there will always be a place for humanity to provide value and meaning to themselves and others if they only seek to find it.

Enjoy!

Yeah, that last one got me too. It appears that in an attempt to make the shutdown sound as bad as humanly possible CNN may have overstepped in it's reporting when it suggested an asteroid might strike earth while NASA's program to monitor the sky was on hold.

I question the need for the program at all given the fact that there's nothing you can do about it if a gigantic rock decided to crash into earth. Better to just live in blissful ignorance.

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We're also talking FISA and the memo floating around claiming widespread abuses. What I find funny is CNN again decided to refute the claims by bringing on disgraced Director of National Intelligence James Clapper to claim he knew of no abuses while serving as DNI.

Luckily he's not under oath this time, so when the truth comes out, he won't be eligible for another purgery charge.

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Finally, we'll turn to California where a couple of economically illiterate assemblymen want a new 10% tax on any business that nets over a million dollars a year.

You'd think people would learn from the mistakes of the past, so they don't repeat them, but most of the politicians I've known seem to live in a kind of reality denial that allows them to support and promote the most ridiculous ideas for the sake of their ideology.

Enjoy the Show!

Jason