Seat 11a (or seats close to exit door) are going to be in high demand...
The lone survivor of the India crash who walked away was in seat 11a. According to his testimony when the plane hit ground it disintegrated & the exit door blew. He was in the emergency exit row & the door blowout likely saved him. His brother was killed on the same plane 🙁.RIP Source: market_sleuth on X
This graphic - courtesy of Visual Capitalist - shows the fastest growing—and shrinking—headquarter markets in America, based on data from CBRE.
Owing to its pro-business policies and lower cost of living, Texas is attracting scores of corporate headquarters, particularly from California. As a result, states are losing billions in tax revenues as the corporate landscape shifts south. As the country’s best state for doing business, Texas is home to three of the top five markets nationally. Fueling this migration are its growing talent pool, the absence of corporate and personal income tax, and its lack of red tape. The state is notable in its diverse business landscape attracting Chevron, Charles Schwab, and SpaceX to relocate headquarters since 2018. Additionally, companies are expanding their presence in the state. Goldman Sachs, for instance, plans to grow its headcount in Dallas to 5,000—up from 970 in 2016. By contrast, California is experiencing a corporate exodus. With homes at least 50% more expensive than in Texas, along with the fifth-highest tax burden in the country, the state has lost at least 275 headquarters since 2018. The San Francisco Bay Area stands as the hardest hit market, in a market facing one of the highest office vacancy rates in the nation. Source: Visual Capitalist, Voronoi
What do you notice on the picture below?
Source: Michel A.Arouet
Bloomberg reports that US Treasury Secretary Scott Bessent is a possible contender to succeed Fed Chair Powell.
Last week, Trump said his pick for the next Fed Chair is “coming out very soon.” Source: The Kobeissi Letter
Elon Musk has said he “regrets some” of his posts about Donald Trump, after a spat between two of the world’s most powerful men resulted in a public split last week.
“I regret some of my posts about President @realDonaldTrump last week. They went too far,” the Tesla chief executive said in a post on his social media company X on Wednesday. The relationship between the pair had shown signs of strains in recent weeks, with Musk criticising parts of the White House agenda, including the US president’s signature tax bill, which he called a “disgusting abomination”. It then imploded last week as the two traded insults. In a series of posts on X, Musk called for Trump to be impeached, suggested his trade tariffs would cause a US recession, threatened to decommission SpaceX capsules used to transport Nasa astronauts and insinuated the president was associated with the late paedophile Jeffrey Epstein. Allies have since urged the US president and his billionaire backer to repair their relationship. The FT reported last week that senior figures in the tech industry had urged the two to reunite, amid concerns the damaging spat could impact the administration’s plans for tax cuts and deregulation. ➡️ https://lnkd.in/e9V7yJua
Portugal might bring back enhanced tax incentives, just for Golden Visa investors.
A 20% flat tax on local income. 0% on foreign income. Basically NHR 1.0… but gated behind a Golden Visa. If this passes, will demand explode? Source: Alessandro Palombo, Forbes
I know, it does not mean anything... still, this is a really big number...
Source: ₿TCHEL2025
Lesson of the week-end...
Always believe in yourself... till the very end
