The Daily Ninja 3/29/24

Updates From The Economic Ninja

(3/28/2024)

• 🏢 Amazon's leaked documents reveal plans to dump office space in a cost-cutting move amid the commercial real estate crisis.

• 📉 The leaked documents reveal that major corporations' cost-cutting strategies will further accelerate the office downturn.

• 😬 Amazon's current office vacancy rate is 33.8% but it expects it to drop to 25% by the end of the year and decrease to 10% over the next 3 to five years, indicating a potential downturn in the market.

• 📉 The recent job cuts at Amazon are very small compared to the bigger picture of the company's hiring cycle reversing as artificial intelligence threatens white-collar jobs.

• 📉 Office commercial mortgage back Securities are being extended and modified rather than refinanced, indicating a potential collapse in the market.

(3/28/2024)

• 🌌 A very powerful twisted magnet sphere was discovered in space, adding an interesting twist to the timing of the upcoming solar eclipse.

• 🚗 "Researchers found that fatal Road accidents spiked in the US during the event as an estimated 20 million people traveled away from their homes to view it."

• 🌌 Twisted magnetic field observed around the Milky Way's Central black hole - interesting timing.

• 🌌 Astronomers have detected a strong and organized magnetic field, raising questions about its potential impact on the human race.

• 🌌 The discovery of strong magnetic fields around black holes just before the solar eclipse raises intriguing questions about the timing and potential impact on Earth.

• 🌍 There are theories and fears about the end of the world with the upcoming solar eclipse, but the Ninja believes in living each day to the fullest.

• 👿 The adversary is very real if you believe in God and you don't believe in Satan. You need to check yourself.

• 🌑 The enemy loves the darkness, but when there's a full moon, the light pierces the darkness and drives them absolutely crazy.

(3/28/2024)

• 💸 The conversion of Greyscale from a trust product into a spot ETF has led to massive buying from companies like Black Rock, contributing to the potential depletion of Bitcoin holdings.

• ⛓️ The amount of available Bitcoin is steadily declining, leading to basic economics of supply and demand with an asset of fixed supply.

• 🎢 The influx of more money and longer time horizons in the Bitcoin space could lead to more games being played and manipulation by sophisticated investors.

• 💰 Fund managers and Wall Street people know how to buy properly and without emotion.

• 💰 Institutions buy large blocks of Bitcoin off exchange at a good price, not necessarily at a discount, to attract large amounts of cryptocurrency.

• 🤔 The institutions have smart people and are thinking about what would happen if Bitcoin reached a million dollars in 100 days.

• 📈 The exponential curve of excitement and investment in Bitcoin is fueled by the influx of Wall Street money into the cryptocurrency space.

• 💭 "It's all about getting adoption right and increasing the network."

• 📈 Many businesses are now accepting Bitcoin as payment, with Tesla being one of the first major companies to invest in it, and individuals who received Bitcoin as payment in the past have seen significant increases in its value

Updates From The Real Estate Ninja

(3/28/2024)

• 🏡 Governor DeSantis is taking a strong stance against squatters' rights, addressing a significant problem in Florida and other states.

• 🏠 Governor DeSantis signs bill to protect private property rights and crack down on squatters in Florida, ending the squatter scam once and for all.

• 🏠 Airbnb properties are at risk of squatters due to being listed as vacant on the internet.

• 🏡 The issue of squatters' rights in Florida is causing a lot of cost and legal trouble for property owners.

• 🏠 "Does your house belong to you or if you are not using it can someone just come in squat for a period of time and then claim that they have a right to be there."

• 🏡 Homeowners in Florida can now request the Sheriff's Office to remove unauthorized persons from their residential properties, with the full support of the governor.

• 🏠 The property owner must pay the sheriff the Civil eviction fee plus an hourly rate if a deputy Must Stand By and keep the peace while the unauthorized person is removed there nothing wrong with that.

• 💡 "We don't want the law to have the thumb on the scale in favor of people that are violating the law." - Gov. DeSantis emphasizes the need for laws to protect law-abiding citizens.
  

That’s all the updates for today. Stay prepared out there and keep doing the things necessary to take action when the time is right for you.

-Ninja Out

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