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Speaker 1: The investing fact of the week.

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Speaker 2: That's a few So number one, gold is officially into

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Speaker 2: the bear market is down twenty two percent from its

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Speaker 2: all time high. This month, I've been talking about the

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Speaker 2: private credit market a lot, so Apollo has capped withdrawals

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Speaker 2: from one of his primary private credit funds to retail investors.

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Speaker 2: And lastly, Goldman Sacks and JP Morgan are offering a

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Speaker 2: hedge fund hedge fund clients a way to short that

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Speaker 2: one point eight trillion dollar market. Three weeks ago, I

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Speaker 2: came on and told you guys that there was a

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Speaker 2: bubble in private credit if you wanted the cherry on

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Speaker 2: top to know that it's here. When clients of a

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Speaker 2: certain net worth are able to short it, they only

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Speaker 2: are offering that to select clients with a networth from

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Speaker 2: ten to fifty million. There is a reason why Apollo

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Speaker 2: has frozen. It's like the worst kept secret on Wall

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Speaker 2: Street right now. But I don't think enough attention is

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Speaker 2: being put on it. And then also this morning, there

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Speaker 2: was a one point five one point five billion dollar

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Speaker 2: move on the S and P Future Sure and it

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Speaker 2: was one hundred and ninety two million dollars short.

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Speaker 3: Oh you want to go? Are you going there, Let's.

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Speaker 2: Go Therefore, I am Eastern Standard time. Joe Kernan just

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Speaker 2: getting his coffee in between the break, like i'vet Let's

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Speaker 2: be honest, and all the time I've been trading futures

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Speaker 2: at twenty fifteen, I've never seen such blatant market manipulation

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Speaker 2: like I had. People I was running into today asked

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Speaker 2: me about the futures market. Who never traded the market

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Speaker 2: before the light? Isn't that the thing you were talking about?

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Speaker 2: I'm like, we are in an era and the market

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Speaker 2: has always been manipulated.

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Speaker 3: Let's be clear.

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Speaker 2: The markt I'll always say the market is rigged to

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Speaker 2: stay up, but I've never seen a cohort or an

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Speaker 2: administration be so blatant with the move and act like

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Speaker 2: everything is absolutely fine. And even in the oil market,

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Speaker 2: look how they're rigging that and saying we're in negotiation

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Speaker 2: to keep it under a certain level so you don't

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Speaker 2: get shellacked in the midterms. We're just in very interesting

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Speaker 2: in trying time. For all my political experts and MAGA

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Speaker 2: experts that have tuned into market, mondays keep up alive,

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Speaker 2: but you have toy, this is claytant market.

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Speaker 3: If we did this.

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Speaker 2: If we went on investment and did invest that live

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Speaker 2: on a Monday and told everyone to get in.

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Speaker 3: We would have some phone calls to answer the next day.

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Speaker 4: I gotta give you credit. I'm gonna give you credit here,

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Speaker 4: my brother, because you sharp.

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Speaker 3: I'm just go.

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Speaker 4: Let me just tell you sharp. When I'm doing the

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Speaker 4: research and I'm thinking like, oh, I'm thinking I saw that.

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Speaker 4: I don't know if anybody else saw that. But what

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Speaker 4: you're saying is is I'm like, that's spot on. There

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Speaker 4: was a billion dollar trade, right, somebody was short in

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Speaker 4: the market, which tells me that institutions are not really

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Speaker 4: they can't figure out the signal of this volatility.

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Speaker 3: Right.

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Speaker 4: They were going into Monday anticipating that the market was

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Speaker 4: going to be negative because of this forty eight hour

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Speaker 4: deadline and the fact that they're pricing in that those

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Speaker 4: war is going to last a lot longer than they

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Speaker 4: thought it would. The initial thing was, hey, this might

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Speaker 4: take four to six weeks. We have now hit week four.

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Speaker 4: They're saying that based on everything they've seen, we're going

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Speaker 4: to now short. So imagine when seven o seven comes

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Speaker 4: and now here we are up thirteen hundred.

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Speaker 3: And there's a divine edition.

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Speaker 4: So when we talk administration and we talked institutional, it

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Speaker 4: always felt like there was some alignment. This tells me

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Speaker 4: that there's completely divergent exactly.

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Speaker 3: Yeah.

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Speaker 2: Yeah, And another tip on we just had quid witching

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Speaker 2: on Friday. See the eighty percent of the time since

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Speaker 2: twenty sixteen, on a Friday of quiet witching, the market

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Speaker 2: normally ends negative because you can't roll over those contracts,

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Speaker 2: contrary to popular belief. So there was a huge short

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Speaker 2: started from the London session going into Friday. The market

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Speaker 2: ended up down and then they, like you said, they

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Speaker 2: acted as if it was going to be all of

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Speaker 2: a fallout, and then they had allegedly their cronies ride

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Speaker 2: the market up the proper back up to prevent the

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Speaker 2: onslaught and on and the selling in the market as

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Speaker 2: a result. Like I've never seen these kind of moves,

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Speaker 2: Like once again, eighty to ninety points in the S

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Speaker 2: and P future is absolutely amazing.

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Speaker 3: Two hundred before the market.

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Speaker 2: It's the equivalent like if Luca had fifty win the

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Speaker 2: game started, this normally doesn't happen like it normally takes.

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Speaker 3: It would be the equivalent of him saying.

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Speaker 2: The war is over or we have a plan to

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Speaker 2: get the GDP back to one hundred percent opposed to

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Speaker 2: one to twenty three. That will cause that kind of move,

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Speaker 2: not just him tweeting normally, so but for my traitors,

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Speaker 2: take advantage of this market while you have it, because

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Speaker 2: when he's out of office, to be honest, these kind

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Speaker 2: of swings will not be there.

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Speaker 1: Well, I think, because I definitely want to yeah talking,

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Speaker 1: but yeah, I think that that's definitely im point for

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Speaker 1: people to really pay attention and we're not going to

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Speaker 1: have this level of volatility forever, so you might as

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Speaker 1: well take advantage of It's it's definitely market manipulation. Allegedly maybe,

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Speaker 1: but you know every time that he makes every time

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Speaker 1: that he makes an announcement, there's a huge trade that's

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Speaker 1: placed a few minutes before. It happened with the tariffs,

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Speaker 1: it happened with the war and Iran like announcing that

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Speaker 1: we're going to go in and it happened. It's happened

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Speaker 1: a variety of different times. So it doesn't take a

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Speaker 1: g It doesn't take a genius to figure out that

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Speaker 1: some people have access to information and they're making financial

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Speaker 1: gains based off of information that the public is not

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Speaker 1: privy to.

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Speaker 3: But what can you do? You can participate, You could

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Speaker 3: participate for sure,