Not necessarily an investing article but definitely business related. Seems like this guy gets it.
The Steross Market and Investing Thread
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It's pretty cool to see a CEO doing this, but they're actually at that point. In other words, he had to get out and do something and that's very refreshing.
WM has been over a 3.0 TRIR and rising the past three years, which is not very good for a big company with a lot of employees logging many hours. A 2.0 TRIR is pretty bad most places, but when you've been over 3.0 for as long as they have, a 2.0 target is very realistic instead of implementing an unrealistic Target Zero program for 2026.
Gonna need a lot more context but…
He just can't help himself with the blaming Biden for everything can he?
But yeah, needs more info but this could be something positive. Ill believe it when I see it though.
This would be a huge positive, and I believe something that Biden tried (?).
My guess, though, is that it's a shakedown of blackrock, blackstone, et al. Essentially trump telling them he needs more bribe money to keep things status quo.
Call it TDS, but I don't trust a single thing he does. There is absolutely nothing he's done for the benefit of anybody but himself. Especially for the common man.
That or an insider trading opportunity. Buy stock at lows from the announcement, then reverse tack and watch it go back up.
"Invitation Homes, which is the largest renter of single-family homes in the country, tumbled 6%. Shares of Blackstone, an investing firm that owns and rents single-family homes, dropped more than 5%."
