New Study: 50 Stocks Will Crash While 7 MAGA Stocks Will Soar

If you own any of these stocks -- directly or through mutual funds -- I want to encourage you to sell them before April 30th. I've compiled all 50 companies in my "MAGA Blacklist" report. Your retirement could depend on seeing this list.

How a touristy Florida beach town dubbed 'the nation's oldest city' became a top US remote work hub

MIKE SCHNEIDER
March 23, 2025

ST. AUGUSTINE, Fla. (AP) -- Lori Matthias and her husband had tired of Atlanta traffic when they moved to St. Augustine, Florida, in 2023. For Mike Waldron and his wife, moving from the Boston area in 2020 to a place that bills itself as "the nation's oldest city" was motivated by a desire to be closer to their adult children.

They were among thousands of white-collar, remote workers who migrated to the St. Augustine area in recent years, transforming the touristy beach town into one of the top remote work hubs in the United States.

Matthias fell in love with St. Augustine's small town feeling, trading the hour-long commute she had in Atlanta for bumping into friends and acquaintances while running errands.

"The whole pace here is slower and I'm attracted to that," said Matthias, who does sales and marketing for a power tool company. "My commute is like 30 steps from my kitchen to my office. It's just different. It's just relaxed and friendly."

Centuries before becoming a remote work hub, the St. Augustine area was claimed by the Spanish crown in the early 16th century after explorer Juan Ponce de Leon's arrival. In modern times, it is best known for its Spanish architecture of terra cotta roofs and arched doorways, tourist-carrying trollies, a historic fort, an alligator farm, lighthouses and a shipwreck museum.

A population boom driven by the pandemic

In St. Johns County, home to St. Augustine, the percentage of workers who did their jobs from home nearly tripled from 8.6% in 2018 to almost 24% in 2023, moving the northeast Florida county into the top ranks of U.S. counties with the largest share of people working remotely, according to U.S. Census Bureau figures.

Only counties with a heavy presence of tech, finance and government workers in metro Washington, Atlanta, Austin, Charlotte and Dallas, as well as two counties in North Carolina's Research Triangle, had a larger share of their workforce working from home. But these were counties much more populous than the 335,000 residents in St. Johns County, which has grown by more than a fifth during this decade.

Scott Maynard, a vice president of economic development for the county's chamber of commerce, attributes the initial influx of new residents to Florida's lifting of COVID-19 restrictions in businesses and schools in the fall of 2020 while much of the country remained locked down.

"A lot of people were relocating here from the Northeast, the Midwest and California so that their children could get back to a face-to-face education," Maynard said. "That brought in a tremendous number of people who had the ability to work remotely and wanted their children back in a face-to-face school situation."

Public schools in St. Johns County are among the best in Florida, according to an annual report card by the state Department of Education.

Surging popularity comes at a price

The influx of new residents has brought growing pains, particularly when it comes to affordable housing since many of the new, remote workers moving into the area are wealthier than locals and able to outbid them on homes, officials said.

Many essential workers such as police officers, firefighters and teachers have been forced to commute from outside St. Johns County because of rising housing costs. The median home price grew from $405,000 in 2019 to almost $535,000 in 2023, according to Census Bureau figures, making the purchase of a home further out of reach for the county's essential workers.

Essential workers would need to earn at least $180,000 annually to afford the median price of a home in St. Johns County, but a teacher has an average salary of around $48,000 and a law enforcement officer earns around $58,000 on average, according to an analysis by the local chamber of commerce.

"What happened was a lot of the people, especially coming in from up North, were able to sell their homes for such a high value and come here and just pay cash since this seemed affordable to them," said Aliyah Meyer, an economic researcher at the chamber of commerce. "So it kind of inflated the market and put a bit of a constraint on the local residents."

Waldron, a sales executive in the health care industry, was able to sell his Boston home at the height of the pandemic and purchase a three-bedroom, two-bath home in a gated community by a golf course outside St. Augustine where "things really worked out to be less expensive down here."

The flexibility offered by fast wireless internet and the popularity of online meeting platforms since the start of the pandemic also helped.

"If I was still locked in an office, I would not have been able to move down here," Waldron said.

___

Follow Mike Schneider on the social platform Bluesky: @mikeysid.bsky.social

Continue Reading...

Popular

IRS whistleblower on Hunter Biden is out as acting commissioner just days after getting the job

WASHINGTON (AP) — Just days after to acting IRS commissioner, the whistleblower who testified publicly about investigations into Hunter Biden’s taxes is out of the job, according to three people familiar with the decision.

Rep. Marjorie Taylor Greene bought stocks hit hard by Trump tariffs during the market meltdown

NEW YORK (AP) — Give Marjorie Taylor Greene credit where it’s due: As stocks tanked on tariff fears, she showed her faith in the president not just with words but dollar bills.

Elon Musk Drops Stunning Bombshell? - Ad

Behind closed doors, Musk revealed a game-changing breakthrough technology that could shake the tech world & crush major companies. Why is no one talking about it? Luckily, we had a man on the inside - watch now to see the details & how to profit!

Trump nominee withdraws after her criticism of the Jan. 6 Capitol attack surfaces

BILLINGS, Mont. (AP) — President Donald Trump's nominee to oversee an agency that manages has withdrawn her nomination following revelations that she criticized the Republican president in 2021 for inciting the Jan. 6 attack on the U.S. Capitol.

Prince Harry appeals the loss of his UK security detail

LONDON (AP) — wants his British security detail restored and is taking his case to an appeals court.

Brace Yourself for Jeff Bezos' "Amazon Helios" - Ad

Amazon delivers 20 million packages a day... powers some of the most popular websites... delivers medication to half of the U.S. population... and even produces award-winning films and TV shows. But a Wall Street legend -- twice featured on 60 Minutes -- predicts that "Amazon Helios" will be bigger than all of those... COMBINED.

PHOTO ESSAY: In a Greek island monastery, a monk has kept together faith and community for 50 years

AMORGOS, Greece (AP) — For more than 50 years, Spyridon Denaxas — or Father Spyridon, as he’s affectionately called — has prayed, worked and welcomed the faithful in a millennium-old monastery carved into a seaside cliff on the Greek island of Amorgos.

New ETFs Offer Bitcoin Exposure With Built-In Safety Nets

New target outcome ETFs from First Trust provide a controlled way to invest in bitcoin with a cap and floor, offering potential upside and downside protection.

Nvidia Is About to Shock the World: July 23rd - Ad

Jeff Brown, the tech legend who picked shares of Nvidia in 2016 before they jumped by more than 22,000%, is warning everyone to... Mark this date on your calendar: July 23rd! That's when Nvidia could help send shares of this Elon Musk supplier skyrocketing higher.

Crypto Attorney Sues US Government To Unmask Satoshi Nakamoto, Creator Of Bitcoin

In another interesting twist in the Satoshi Nakamoto saga, cryptocurrency lawyer James Murphy sued the U.S. government in an attempt to determine the identity of the pseudonymous Bitcoin (CRYPTO: BTC) creator.

Greenback On The Brink: The Dollar ETFs Everyone's Watching

ETFs tracking US dollar gaining attention as currency faces pressure amid trade tensions and weak economy.

One Coin to Rule Them All... - Ad

Hardly any investors are talking about this coin but I believe that's about to change with some potentially huge news! Get in on the ground floor while it's rock bottom with this new how-to guide, just $3.

Marjorie Taylor Greene Made Large Stock Purchases Ahead Of Trump's 90-Day Tariff Pause: Hakeem Jeffries Calls It 'Problematic'

Rep. Marjorie Taylor Greene (R-Ga.) disclosed her significant stock purchases made just before and on the day of former President Donald Trump's announcement to pause global tariffs. This announcement had a substantial impact on the stock market.

Scholarships for child care are drying up. Now families are paying the price

PHOENIX (AP) — For parents who need to work but can't afford the steep , federally funded scholarships can be a lifeline. Delivered through state child care assistance programs, the scholarships can mean the difference between a parent working full time — or not at all.

Biggest Dividend Payout in U.S. History: $1 Trillion up for Grabs! - Ad

Trump just launched a $1 trillion National Investment Fund to replace income taxes and send direct payouts to Americans. You could claim up to $21,307--before the first public checks go out. This is historic. Act now to be first in line.

Expect more fake eggs made of colored marshmallows or even potatoes on this year's Easter spread

MISSION, Kan. (AP) — With egg prices high, the internet has offered up a host of alternatives, with crafters painting rocks and influencers dyeing everything from marshmallows to potatoes.

Informal ties with US philanthropists like Howard Buffett firm despite shaky US–Ukraine relations

BOBRYK, Ukraine (AP) — As uncertainty in U.S.–Ukraine relations grows, informal ties with some U.S. philanthropists built over three years of war with Russia are holding firm.

The Most Important "AI Stock" You've Never Heard Of - Ad

The AI revolution is moving faster than anyone expected. But what no one is talking about is the one company AI simply can't exist without. It may be the single most important AI investment, yet most people don't even know its name. For now. The moment Wall Street catches on, this $20 stock could explode.

China's exports jump 12.4% and imports fell as Trump pushed US tariffs higher

BANGKOK (AP) — China's exports jumped 12.4% in March from a year earlier as companies rushed to beat increases in U.S. tariffs imposed by U.S. President Donald Trump, the government said Monday.

Stocks Edge Up On Strong Bank Earnings, Netflix Soars, Dollar Rebounds: What's Driving Markets Tuesday?

Wall Street gained ground by midday trading on Tuesday, as investor concerns over the economic impact of trade tensions continued to ease following recent signs that the Trump administration was taking a more conciliatory approach.

Maverick Trader Reveals 97% Accurate System - Ad

This man's simple strategy makes money in any market...With a 97% accuracy at hitting winners over the past 8 years!

White House threatens Colombia over regulations affecting US auto exports

BOGOTA, Colombia (AP) — The White House is urging Colombia to halt the implementation of new auto safety regulations that could jeopardize American car exports to Colombia, as both nations prepare to discuss tariffs recently imposed on Colombian products including coffee, avocados, flowers and oil.

Cloudflare Acquires Outerbase To Streamline AI App Development, 'Our Goal Is To Make It Easy And Accessible For Any Developer'

The move integrates Outerbase's user-friendly database tools with Cloudflare Workers, Durable Objects and the D1 database, helping developers manage backend data without deep SQL knowledge.

Elon's Greatest Invention... Hidden in South Memphis? - Ad

Tech legend Jeff Brown recently traveled to the industrial zone of South Memphis to investigate what he believes will be Elon's greatest invention ever... Yes, even bigger than Tesla or SpaceX.

Internal Revenue Service agrees to send immigrant tax data to ICE for enforcement

WASHINGTON (AP) — The has agreed to share immigrants' tax data with Immigration and Customs Enforcement for the purpose of identifying and deporting people illegally in the U.S., according to a document signed by Treasury Secretary Scott Bessent and Department of Homeland Security Secretary Kristi Noem.

Palantir Goes Bullish After NATO's AI Buy: Is This The Future Of War, Wall Street?

Palantir's stock jumps 9% after NATO acquires its AI-enabled system, showing its dominance in data and potential for growth.

Defi Coin Triggers All "Buy" Signals and Could Break Out Soon - Ad

Some are calling this the most promising DeFi project since Ethereum itself. Here's the #1 DeFi Coin Set to Soar. While Bitcoin grabs headlines, this lesser known DeFi coin is quietly gearing up for a monster rally. Experts say now is the time to buy before it reaches escape velocity.

Big Tech's "Magnificent Seven" heads into earnings season reeling from Trump turbulence

SAN FRANCISCO (AP) — As Big Tech kicks off its quarterly earnings season this week, the industry's bellwether companies have been thrust into a cauldron of uncertainty and turmoil that they didn't anticipate when Donald Trump re-entered the White House nearly 100 days ago.

Ming-Chi Kuo Warns Semiconductor Stocks Face Near-Term Risks Under Trump Tariff Policy: Even Apple's $500 Billion US Investment Didn't Buy It Leniency

Ming-Chi Kuo warns that Trump's semiconductor tariffs pose significant risks for stocks, highlighting that even Apple's $500 billion U.S. investment didn't secure leniency from the aggressive policy.

Elon's Biggest Secret Could Save Your Retirement - Ad

From a near-fatal car crash to surviving deadly malaria, Musk's fearless drive built Tesla, SpaceX, and Starlink. Now, he's warning America--and smart investors are listening. Discover the Trump IRS Loophole to protect your IRA & 401(k).

Bitcoin 11% Away From Falling Below Strategy's Average Buying Price, But Michael Saylor's Confidence In Apex Crypto Remains Intact

Strategy Inc. (NASDAQ:MSTR) risked incurring unrealized losses on its Bitcoin (CRYPTO: BTC) purchases, yet co-founder Michael Saylor remains bullish on the apex cryptocurrency.

US egg giant Cal-Maine says government is investigating price increases

Shares of Cal-Maine Foods, the largest U.S. egg producer, fell in after-hours trading Tuesday after the company acknowledged it is being investigated by the antitrust division of the U.S. Department of Justice.

Putting Your Name on This List Could Hand You $1,270 on Friday - Ad

URGENT: On Tuesday, a simple set of instructions will be sent out to an elite group of investors. The folks in this group will have the opportunity to place a 10-minute trade that could double their money by Friday. Consider this your invitation to join them. The next trade is just days away.

This Beverage Maker, Tobacco Company And Packaged Food Giant Outshine In A Recession

Consumer Staples stocks like McCormick (NYSE: MKC) and General Mills (NYSE: GIS) have historically outperformed the S&P 500 during recessions. BofA Securities analysts say earnings per share, not sales growth, drive stock performance. Limited tariff exposure could also boost sector appeal.

Trump to Unlock 15-Figure Fortune for America (May 3rd)? - Ad

This map looks ordinary--but according to insider Jim Rickards, it reveals a hidden government asset so massive . Trump may soon unlock it--learn how to position yourself before it's too late!

Meta CEO Zuckerberg spars with FTC lawyer over meaning of emails cited in antitrust trial

WASHINGTON (AP) — Meta CEO Mark Zuckerberg sparred Tuesday with a Federal Trade Commission attorney over the meaning of emails the Facebook founder wrote about why he wanted to acquire Instagram, as a historic antitrust trial alleging Meta illegally monopolized the social media market went into its second day.

Michigan Democratic Gov. Whitmer strays from her party in moving closer to Trump

LANSING, Mich. (AP) — Michigan Gov. Gretchen Whitmer delivered a speech emphasizing points of agreement with President on economic policy, just hours before their scheduled meeting — a reflection of the high-profile Democrat’s more toward the president as her party ramps up its attacks on him.

New Study: 50 Stocks Will Crash While 7 MAGA Stocks Will Soar - Ad

If you own any of these stocks -- directly or through mutual funds -- I want to encourage you to sell them before April 30th. I've compiled all 50 companies in my "MAGA Blacklist" report. Your retirement could depend on seeing this list.

Crumbling bridges slow traffic and the economy in Germany. Can more money fix the problem?

BAD SCHANDAU, Germany (AP) — Germany's reputation for efficiency is taking a hit from crumbling concrete. Cracks and collapses are also a risk to its economy, Europe's biggest.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright systemtrading.ca
Privacy Policy | Terms of Service