kara bishop
52.8K posts

kara bishop
@AnaisNincompoop
Former: Graphic Artist / Berlin Brat / Desert Dweller Current: Hunter of Sea Glass / Wearer of Masks / Player of Tennis / Wooden Puzzle Addict / ReSISTER








HISTORIC tax relief = DELIVERED. @USTreasury's tax return data confirms that the Working Families Tax Cuts benefited millions of hardworking American families. This may have been the most important vote I've cast in Congress, while every Democrat voted NO.

Trump taps Bill Pulte as Acting Director of National Intelligence — says he will also remain in his current roles as well (director of the Federal Housing Finance Agency and chairman of Fannie Mae/Freddie Mac)

Rule changes for the SpaceX $SPCX IPO: Index providers waived the profitability requirement and cut the seasoning window from 90 days to 5. This forces over $30 trillion in passive 401k and retirement money to buy SpaceX at IPO valuations. Bloomberg Intelligence estimates S&P 500 funds must absorb 19% of SpaceX's float within 6 months. Russell 1000 and Nasdaq 100 funds will absorb 24%. The rules built to protect passive investors: 1. S&P 500 has required 12 months of trading and 4 quarters of GAAP profitability since 2002. Both waived. 2. Nasdaq cut its inclusion window from 90 trading days to 15. 3. FTSE Russell cut its to 5. All three benchmarks are now structured to buy SpaceX at IPO pricing.

















