This may be one of the least talked about topics I have ever seen when watching the markets over the years.
For good reason of course!
Now more than ever, talking about people dying is a very sensitive subject all thanks to this Global Health Pandemic we are all going through.
Someone has to talk about it, however, we are only fed numbers, and charts concerning how much worse or how much better things are getting.
While that may be enough for most people to consider how it may affect markets like Wall Street or even Cryptocurrencies.
Much of that information is not enough!
There is talk of death yet there is no talk of which companies benefit from people dying.
(image source: www.dqydj.com)
We know that people dying in great numbers affect the market, but we don't know exactly how, or why, and often miss out on who.
I know it is a gloomy and very difficult topic to touch on and in no way am I trying to disown the families or the companies impacted by this.
Always sending good vibes out to everyone affected!
Everyone affected deserves to know the facts and the truth behind this industry.
If I have to be the terrible person to pull the curtains back on this subject then so be it!
Although the truth hurts, as the old saying goes, what doesn't kill us makes us stronger.
Sadly too, that couldn't be more true when it comes to the Death Industry.
(image source: https://upload.wikimedia.org/wikipedia/en/d/d2/DeathIsMyTrade.jpg)
This is a powerful industry that has only become more powerful since the age of technology was introduced to the world.
Now with the use of traditional payment systems & cryptocurrency, companies & data theft can lock in their gains from capitalizing off the deceased.
Long-time Corporations, professional investors & traders alike all have grown to learn this grim truth.
In a market where it is your job to watch out for how everything is interconnected.
It would be a huge mistake to forget about the Death Industry!
It is an important puzzle piece you cannot do without to complete the bigger picture that is your asset classes.
This Global pandemic let on by COVID-19 could not have proved that to be more obvious than ever!
Take, for example, the company 3M, who many have probably never even heard of.
They skyrocketed into the spotlight as everything else crashed because they specialize in one thing.
N95 masks!
That is an easier example, of course, so let's up the difficulty a little bit.
When we find out someone is sick what do we usually send them?
When we find out that someone has passed on what do we put on their graves?
When we attend a funeral what do we give loved ones in distress?
Flowers!
Believe it or not, flower companies such as 1-800-FLOWERS are considered to be one of the largest benefactors in the Death Industry.
(image source: https://finance.yahoo.com/quote/FLWS/)
This company dipped in March just like every market but if you look closely and compare.
FLWS dropped far less in percentage than companies that do not have the same effect on the economy.
This stock is very affordable and even had a brief recovery in the midst of the crash that happened.
Are you now wishing you would have known this back when it happened?
The chart speaks for itself!
Now lets up the difficulty more and point out the fact that some of the most notable and unexpected companies are also apart of this industry.
Only then will we begin to realize the disconnect between people struggling & stock markets doing better than ever!
Truly a messed up realization that when the rich get richer the poor get poorer.
So who else is big in the Death Industry?
Walmart
Amazon.com
PayPal
State Farm
Nationwide
Google Advertising
CVS
Walgreens
Merril Lynch
Morgan & Stanley
Better Business Bureau
U.S. Bank
Bank of America
Berkshire Hathaway
AmTrust
AIG
Old Republic Group
Hallmark
Banner Health
UnitedHealth Group
Cigna
TD Ameritrade
Charles Schwab
Goldman Sachs
Anthem
Johnson & Johnson
Biogen
Costco
IBM
Fitbit
Fidelity
Deutsch Bank
Wells Fargo
Liberty Mutual Group
Barclays
GEICO
Allstate
...
That's only naming a few and most recognizable...
This is why there is a huge disconnect between stock markets and everyday people.
Yes, these companies all benefit from the death of people every single day.
So when a health crisis sweeps the globe that goes to take more lives than normal.
People panic sell & crash the market thinking that the company they trust won't eventually benefit from the deceased.
Now add government bailouts to the mix and it sort of seems like these places are double-dipping, doesn't it?
Up the difficulty of realization even more and you will find that there are IPO's that deal specifically with the death industry even more!
Places like Hillenbrand Inc. or Service Corp. International deals with the sale of caskets & cremation.
Less recognized IPO's because how often is it that people want to find that out in the middle of grieving?
If you are confused about why some of these companies in this list benefit from the death of millions of people.
Try looking past the names and check out what services they offer!
Amazon & Walmart both sell caskets and flowers all online at affordable prices.
Insurance Companies & Wealth Management Lawyers take cuts from processing family matters while they are mourning.
Banks hold the wealth for the deceased & family inheritances but not without fees and other hoops to jump through first of course.
Hallmark obviously for gifting cards to loved ones sorry for their loss.
Pharmaceutical & biotech companies for finding cures and administering drugs for mental therapy due to the recent loss of a loved one.
Big Data companies like Fitbit, IBM, Twitter, and Facebook who see more usage & who sell the information.
The list goes on!
In my own personal opinion, it is the selling of this data that upsets me the most.
The information gathered from someone's death is by far the most monetarily beneficial for big tech companies.
The reason for that is hard to believe but the information is sold to companies & governments to determine people's life span.
In other words, every single bit of information up to & after death is gathered for the purpose of recalculating Death Clocks.
It gets worse...
(image source: https://blogs-images.forbes.com/louiscolumbus/files/2018/03/Ecommerce-subscription-categories.jpg)
Subscription-Based Services
Over my course of the years working for big giant Silicon Valley companies, I have had to sit in on meetings & read emails that have never sat well with me.
With confidence, I can tell you that subscription-based services like Netflix, eCommerce, Website Hosting, Dollar Shave Club, Cell-Phone, and any other auto-pay based service are all purposefully and "in good faith" yanking money from the accounts of dead people.
In many cases, it accounts for over 50% of the company's entire yearly revenue.
The sad part is they know it too and that is one main reason why many places have switched to subscription-based auto-pay services.
Why?
Well because if they did the right thing and ended the subscriptions of those that are no longer with us.
They wouldn't be able to hit their bonuses!
Where does Bitcoin & Crypto fit in all of this?
Billionaire companies like JP Morgan, Facebook, Twitter, and even Walmart have been quietly moving funds over into the crypto sphere.
They have the money, the power, the connections, and OTC traders to do it too.
Since it is widely unregulated these companies have had free reign to take part in things like Bitcoin.
Capitalizing off of it being 24/7 and highly volatile.
Capitalizing off of people buying hardware to support their new venture into cryptocurrencies.
Capitalizing off of people that fall for scams that their own platforms harbor.
Capitalizing off a full circle of life that they claim as "trickle-down economics".
Capitalizing off of tax dodging and market manipulation.
Capitalizing off of market correlation no one seems to understand but those at the top.
While we are left to think that we are getting a piece of the pie that trickles down.
The truth is that no matter how far down it trickles, these companies have found every way imaginable to get it back.
All in the name of what they call "good-faith" which could not be further from the truth.
Strangely enough, the only fighting
Thank you for taking the time to read & remember that despite the terrible acts of few at the top.
Strength in numbers & education is our only way to hold these people accountable!
Stay positive, work smark, and be happy!
