1 00:00:00,040 --> 00:00:03,600 Speaker 1: An illegal alien from Guatemala charged with raping a child 2 00:00:03,680 --> 00:00:07,480 Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador 3 00:00:07,720 --> 00:00:11,840 Speaker 1: accused of murdering a Texas man of Venezuelan charged with 4 00:00:11,920 --> 00:00:15,840 Speaker 1: filming and selling child pornography in Michigan. These are just 5 00:00:15,920 --> 00:00:19,680 Speaker 1: some of the heinous migrant criminals caught because of President 6 00:00:19,720 --> 00:00:23,320 Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States 7 00:00:23,320 --> 00:00:28,120 Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border 8 00:00:28,160 --> 00:00:31,680 Speaker 1: crossings are at the lowest levels ever recorded, and over 9 00:00:31,760 --> 00:00:34,960 Speaker 1: one hundred thousand illegal aliens have been arrested. If you 10 00:00:35,040 --> 00:00:38,920 Speaker 1: are here illegally, your next you will be fined nearly 11 00:00:39,000 --> 00:00:43,000 Speaker 1: one thousand dollars a day, imprisoned, and deported. You will 12 00:00:43,040 --> 00:00:46,680 Speaker 1: never return. But if you register using our CBP home 13 00:00:46,720 --> 00:00:50,120 Speaker 1: app and leave now, you could be allowed to return legally. 14 00:00:50,479 --> 00:00:55,240 Speaker 1: Do what's right. Leave now. Under President Trump, America's laws, 15 00:00:55,400 --> 00:00:57,840 Speaker 1: border and families will be protected. 16 00:00:57,920 --> 00:01:00,000 Speaker 2: Sponsored by the United States Department of Homeland Security. 17 00:01:00,280 --> 00:01:04,520 Speaker 3: Debt to income hits all time high amongst households. 18 00:01:05,440 --> 00:01:09,640 Speaker 4: Why does this concern you? And are there any stocks 19 00:01:09,760 --> 00:01:12,800 Speaker 4: you are looking to invest in as a result? Yeah, 20 00:01:12,800 --> 00:01:13,360 Speaker 4: I also. 21 00:01:14,840 --> 00:01:16,360 Speaker 3: All over to find a real estate stock that I 22 00:01:16,440 --> 00:01:19,720 Speaker 3: really love and I really can't find one. The only 23 00:01:19,760 --> 00:01:24,560 Speaker 3: one that would play favorably, and this would be JP Morgan. 24 00:01:26,400 --> 00:01:29,160 Speaker 3: I think at some point in thirty years, they're probably 25 00:01:29,160 --> 00:01:31,120 Speaker 3: just like an accounting there's a big four and we're 26 00:01:31,160 --> 00:01:34,320 Speaker 3: almost there now. I think there will probably be like 27 00:01:34,480 --> 00:01:38,920 Speaker 3: four big banks and then just like small community branches 28 00:01:39,200 --> 00:01:41,800 Speaker 3: or small community banks, and that's it. There won't be 29 00:01:41,880 --> 00:01:45,480 Speaker 3: any regional or like mid sized banks at all. But 30 00:01:45,560 --> 00:01:50,400 Speaker 3: the reason why it concerns me is like, if you're 31 00:01:50,440 --> 00:01:52,640 Speaker 3: going for two hundred thousand dollars housing, your income is 32 00:01:53,320 --> 00:01:55,680 Speaker 3: or your dad is one hundred grand. Like the ratios 33 00:01:55,680 --> 00:01:57,880 Speaker 3: are really scute, but what is really showing to scale 34 00:01:58,000 --> 00:02:04,960 Speaker 3: through every class, middle class, upper class, lower class, that 35 00:02:05,080 --> 00:02:08,240 Speaker 3: everyone is having like a tighter time, Like I keep 36 00:02:08,320 --> 00:02:11,160 Speaker 3: saying it. I don't think these artists went on tour, 37 00:02:11,480 --> 00:02:13,160 Speaker 3: and I don't think Drake wants to be on tour, 38 00:02:13,400 --> 00:02:15,520 Speaker 3: but I think some of my body probably told him 39 00:02:15,520 --> 00:02:18,280 Speaker 3: and Beyonce, you need to go on tour to not 40 00:02:18,360 --> 00:02:22,680 Speaker 3: only increase the resolve of and the joy of American citizens, 41 00:02:23,120 --> 00:02:25,480 Speaker 3: but you need to collect money off of this one 42 00:02:25,520 --> 00:02:27,760 Speaker 3: tour for the next four or five years for the 43 00:02:27,800 --> 00:02:30,639 Speaker 3: opportunities that may come and to protect you and your 44 00:02:30,639 --> 00:02:35,120 Speaker 3: family that you have to provide for. When it did 45 00:02:35,200 --> 00:02:37,480 Speaker 3: to income ratio is higher, shout out to everyone that 46 00:02:37,520 --> 00:02:41,480 Speaker 3: does mortgages. But when we're at a rate past two 47 00:02:41,520 --> 00:02:44,320 Speaker 3: thousand and six and two thousand and seven and no 48 00:02:44,360 --> 00:02:46,560 Speaker 3: one saying they we're in a bubble in a bubble currently, 49 00:02:47,360 --> 00:02:50,840 Speaker 3: I think they we're in a lot of trouble. Of course, Apple, Microsoft, 50 00:02:50,919 --> 00:02:53,520 Speaker 3: Vido Ovti will do well. 51 00:02:53,320 --> 00:02:54,760 Speaker 4: In any any environment. 52 00:02:54,960 --> 00:02:56,720 Speaker 3: The only time I think Apple will start to fall 53 00:02:56,760 --> 00:02:59,480 Speaker 3: apart is if interest rates to get to fifteen percent. 54 00:03:00,120 --> 00:03:01,320 Speaker 4: Highly that we ever get there. 55 00:03:02,639 --> 00:03:05,440 Speaker 3: But JP Morgan is like the only player that I 56 00:03:05,480 --> 00:03:09,240 Speaker 3: think we'll be able to survive any kind of market 57 00:03:09,240 --> 00:03:11,520 Speaker 3: because of the relationships that they have with the government. 58 00:03:11,720 --> 00:03:14,519 Speaker 3: On the real estate side, there's not many I love 59 00:03:14,919 --> 00:03:17,720 Speaker 3: even in that space. Blackstone and black Rock are the 60 00:03:17,760 --> 00:03:21,280 Speaker 3: two most important players and market makers in the real 61 00:03:21,360 --> 00:03:23,639 Speaker 3: estate space, and they've done. 62 00:03:23,520 --> 00:03:24,040 Speaker 4: It by design. 63 00:03:24,120 --> 00:03:26,600 Speaker 3: I think of it like this, A hedge fund and 64 00:03:26,680 --> 00:03:32,960 Speaker 3: a bank switched their strategy to buying commercial properties across 65 00:03:33,000 --> 00:03:35,560 Speaker 3: the world and wanted to become the world's biggest renter. 66 00:03:36,200 --> 00:03:37,960 Speaker 3: Of course, there was pushback that they didn't have as 67 00:03:38,040 --> 00:03:41,000 Speaker 3: many units as one start, but they're making a concerted 68 00:03:41,040 --> 00:03:44,600 Speaker 3: effort to be able to have income when all the 69 00:03:44,640 --> 00:03:47,760 Speaker 3: tech valuations went to shit and when a startup market 70 00:03:48,240 --> 00:03:49,160 Speaker 3: fell as a result. 71 00:03:49,720 --> 00:03:51,040 Speaker 4: They didn't do this by accident. 72 00:03:51,360 --> 00:03:52,720 Speaker 3: I think they know that we're going to go back 73 00:03:52,760 --> 00:03:55,120 Speaker 3: to a real environment where real businesses are going to 74 00:03:55,160 --> 00:03:57,680 Speaker 3: have to produce real profit, real products. 75 00:03:58,920 --> 00:03:59,680 Speaker 4: Earners. What's up? 76 00:03:59,720 --> 00:04:02,800 Speaker 5: You walk into a small business and everything just works 77 00:04:03,160 --> 00:04:06,480 Speaker 5: like the checkout is fast, the receipts are digital, tipping 78 00:04:06,720 --> 00:04:09,160 Speaker 5: is a breeze, and you're out the door before the 79 00:04:09,200 --> 00:04:13,600 Speaker 5: line even builds. Odds are they're using Square. We love 80 00:04:13,640 --> 00:04:16,799 Speaker 5: supporting businesses that run on Square because it just feels seamless. 81 00:04:16,920 --> 00:04:19,479 Speaker 5: Whether it's a local coffee shop, a vendor at a 82 00:04:19,520 --> 00:04:22,360 Speaker 5: pop up market, or even one of our merch partners. 83 00:04:22,640 --> 00:04:26,400 Speaker 5: Square makes it easy for them to take payments, manage inventory, 84 00:04:26,520 --> 00:04:30,480 Speaker 5: and run their business with confidence, all from one simple system. 85 00:04:30,880 --> 00:04:33,480 Speaker 5: If you're a business owner or even just thinking about 86 00:04:33,520 --> 00:04:36,640 Speaker 5: launching something soon, Square is hands down one of the 87 00:04:36,680 --> 00:04:40,120 Speaker 5: best tools out there to help you start, run and grow. 88 00:04:40,400 --> 00:04:43,400 Speaker 5: It's not just about payments, it's about giving you time 89 00:04:43,480 --> 00:04:46,400 Speaker 5: back so you can focus on what matters most Ready 90 00:04:46,440 --> 00:04:49,840 Speaker 5: to see how Square can transform your business, visit Square 91 00:04:49,920 --> 00:04:54,440 Speaker 5: dot com backslash go backslash eyl to learn more that 92 00:04:54,640 --> 00:05:00,000 Speaker 5: Square dot Com backslash, go backslash eyl. Don't wait, don't hesitate. 93 00:05:00,200 --> 00:05:02,560 Speaker 5: Let's Square handle the back end so you can keep 94 00:05:02,600 --> 00:05:08,640 Speaker 5: pushing your vision forward. This episode is brought to you 95 00:05:08,720 --> 00:05:11,000 Speaker 5: by P and C Bank. A lot of people think 96 00:05:11,080 --> 00:05:14,960 Speaker 5: podcasts about work are boring, and sure, they definitely can be, 97 00:05:15,440 --> 00:05:18,680 Speaker 5: but understanding a professional's routine shows us how they achieve 98 00:05:18,760 --> 00:05:22,960 Speaker 5: their success little by little, day after day. It's like 99 00:05:23,040 --> 00:05:25,839 Speaker 5: banking with P and C Bank. It might seem boring 100 00:05:25,880 --> 00:05:28,680 Speaker 5: to save, plan and make calculated decisions with your bank, 101 00:05:29,160 --> 00:05:31,599 Speaker 5: but keeping your money boring is what helps you live 102 00:05:31,720 --> 00:05:35,760 Speaker 5: a more happily fulfilled life. P and C Bank Brilliantly 103 00:05:35,839 --> 00:05:40,400 Speaker 5: Boring since eighteen sixty five. Brilliantly Boring since eighteen sixty 104 00:05:40,440 --> 00:05:43,720 Speaker 5: five is a service mark of the PNC Financial Service Group, Inc. 105 00:05:44,160 --> 00:05:47,560 Speaker 5: P and C Bank National Association Member FDIC. 106 00:05:49,320 --> 00:05:53,000 Speaker 1: An illegal alien from Guatemala charged with raping a child 107 00:05:53,000 --> 00:05:56,839 Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador 108 00:05:57,080 --> 00:06:01,080 Speaker 1: accused of murdering a Texas man is z Whalen charged 109 00:06:01,120 --> 00:06:05,040 Speaker 1: with filming and selling child pornography in Michigan. These are 110 00:06:05,080 --> 00:06:08,599 Speaker 1: just some of the heinous migrant criminals caught because of 111 00:06:08,600 --> 00:06:12,320 Speaker 1: President Donald J. Trump's leadership. I'm Christy Noman, the United 112 00:06:12,360 --> 00:06:17,080 Speaker 1: States Secretary of Homeland Security. Under President Trump, attempted illegal 113 00:06:17,120 --> 00:06:20,800 Speaker 1: border crossings are at the lowest levels ever recorded, and 114 00:06:20,839 --> 00:06:24,200 Speaker 1: over one hundred thousand illegal aliens have been arrested. If 115 00:06:24,240 --> 00:06:27,880 Speaker 1: you are here illegally, your next you will be fine 116 00:06:27,920 --> 00:06:32,039 Speaker 1: nearly one thousand dollars a day, imprisoned and deported, you 117 00:06:32,120 --> 00:06:35,640 Speaker 1: will never return. But if you register using our CBP 118 00:06:35,800 --> 00:06:38,520 Speaker 1: home app and leave now, you could be allowed to 119 00:06:38,600 --> 00:06:43,400 Speaker 1: return legally. Do what's right. Leave now. Under President Trump, 120 00:06:43,560 --> 00:06:46,719 Speaker 1: America's laws, border and families will. 121 00:06:46,560 --> 00:06:49,360 Speaker 2: Be protected sponsored by the United States Department of Homeland Security. 122 00:06:49,440 --> 00:06:49,600 Speaker 4: Now. 123 00:06:49,600 --> 00:06:54,320 Speaker 3: Because we outsourced so much, we didn't provide enough education 124 00:06:54,480 --> 00:06:57,560 Speaker 3: inside of our schools to make us prepare for the 125 00:06:57,640 --> 00:07:00,480 Speaker 3: tech sectors or for the jobs that were also by 126 00:07:00,480 --> 00:07:02,920 Speaker 3: design as a part of the agreement to be able 127 00:07:02,960 --> 00:07:06,000 Speaker 3: to outsource overseas and then end up messing up messing 128 00:07:06,080 --> 00:07:06,839 Speaker 3: up our economy. 129 00:07:06,880 --> 00:07:09,479 Speaker 4: So JP, Morgan, black Rock, Blackstone. 130 00:07:09,080 --> 00:07:11,400 Speaker 3: Are the three that I like as a result. But 131 00:07:11,440 --> 00:07:14,160 Speaker 3: deb's an income ratio being this high that's not going 132 00:07:14,240 --> 00:07:14,640 Speaker 3: to be good. 133 00:07:15,040 --> 00:07:17,160 Speaker 4: Is there? Is there a number? Is there a percentage 134 00:07:17,160 --> 00:07:17,840 Speaker 4: that you know? 135 00:07:17,880 --> 00:07:19,760 Speaker 5: I mean, if you re reports, people will tell you 136 00:07:19,800 --> 00:07:22,960 Speaker 5: anything under thirty five percent would be a good debt 137 00:07:23,000 --> 00:07:23,720 Speaker 5: to income ratio. 138 00:07:23,920 --> 00:07:27,560 Speaker 3: I mean, I'm going off my mortgage professionals. It really 139 00:07:27,600 --> 00:07:31,160 Speaker 3: needs to be like thirty ideally, or to be this 140 00:07:31,440 --> 00:07:35,200 Speaker 3: high like and then America's debt to GDP is met 141 00:07:35,240 --> 00:07:39,680 Speaker 3: like so when the consumer is technically broke and the 142 00:07:39,760 --> 00:07:44,360 Speaker 3: country is technically broke, that's what and this is the 143 00:07:44,400 --> 00:07:49,320 Speaker 3: reason why historically America has had to be in markets 144 00:07:49,320 --> 00:07:49,800 Speaker 3: that were not. 145 00:07:51,440 --> 00:07:52,520 Speaker 4: Filled with integrity. 146 00:07:52,800 --> 00:07:59,760 Speaker 3: That poison index of food, pharma, alcohol, tobacco. That's about design. 147 00:07:59,600 --> 00:08:02,760 Speaker 3: And we've factor in the military industrial complex, the prison 148 00:08:02,800 --> 00:08:08,840 Speaker 3: industrial complex. You know, it's our best even if you 149 00:08:08,960 --> 00:08:12,000 Speaker 3: throw in like Meta and Instagram and LinkedIn, like the 150 00:08:12,080 --> 00:08:16,400 Speaker 3: social dynamic that's there, that's not great for our mental health. 151 00:08:16,760 --> 00:08:19,679 Speaker 3: That's why I like our mental health business is able 152 00:08:19,720 --> 00:08:23,160 Speaker 3: to come about because there's so much poison in our airways, 153 00:08:23,840 --> 00:08:27,200 Speaker 3: produce of Wi Fi radiation being everywhere, like. 154 00:08:28,840 --> 00:08:31,120 Speaker 4: Most of the things that we have produced in this country. 155 00:08:31,120 --> 00:08:33,480 Speaker 3: Even going to fossil fuels like having negative effect on 156 00:08:33,800 --> 00:08:37,120 Speaker 3: the environment and our body. So but the fun part 157 00:08:37,120 --> 00:08:40,400 Speaker 3: about investment is if you can find a way to 158 00:08:40,440 --> 00:08:42,040 Speaker 3: buy the right companies at the right time, you can 159 00:08:42,040 --> 00:08:44,240 Speaker 3: take care of your family forever. But I will say 160 00:08:44,280 --> 00:08:47,160 Speaker 3: you need to start looking at some emergent markets. I'll 161 00:08:47,200 --> 00:08:49,839 Speaker 3: just be out here, get getting a little tequila sunrise. 162 00:08:50,920 --> 00:08:52,600 Speaker 4: It's just jokes for my dad. 163 00:08:53,080 --> 00:08:57,880 Speaker 3: This is a light coke sector, Coca cola rotation, right, 164 00:08:58,440 --> 00:09:00,520 Speaker 3: you have to come out here. And actually, so when 165 00:09:00,520 --> 00:09:02,000 Speaker 3: I was the same thing, when I was out here 166 00:09:02,000 --> 00:09:04,600 Speaker 3: talking to some of the locals. What does tourism look 167 00:09:04,679 --> 00:09:08,120 Speaker 3: like here? This is my second place. I've asked down 168 00:09:08,200 --> 00:09:09,440 Speaker 3: seventy percent here. 169 00:09:10,960 --> 00:09:12,800 Speaker 4: You can see it. I went all around, went to 170 00:09:12,800 --> 00:09:14,080 Speaker 4: the all up the shoreline. 171 00:09:14,160 --> 00:09:17,360 Speaker 3: Yesterday I saw forty six cars on a fifty minute 172 00:09:17,440 --> 00:09:19,800 Speaker 3: ride on a Saturday. 173 00:09:20,720 --> 00:09:22,720 Speaker 4: You know what that tells me? Broke. 174 00:09:25,240 --> 00:09:29,280 Speaker 3: Whole country, whole world has broke, with the exception of 175 00:09:29,320 --> 00:09:32,160 Speaker 3: certain pockets, which is the one percent and the one 176 00:09:32,200 --> 00:09:35,640 Speaker 3: percent they had to go to quiet luxury to not. 177 00:09:35,600 --> 00:09:38,200 Speaker 4: Throw in your face. I got on lay piano. 178 00:09:41,000 --> 00:09:44,520 Speaker 3: It's tough times, but this is one of the best 179 00:09:44,600 --> 00:09:46,800 Speaker 3: businesses are made and the toughest times. 180 00:09:46,960 --> 00:09:50,640 Speaker 1: An illegal alien from Guatemala charged with raping a child 181 00:09:50,640 --> 00:09:54,439 Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador 182 00:09:54,720 --> 00:09:58,840 Speaker 1: accused of murdering a Texas man of Venezuelan charged with 183 00:09:58,920 --> 00:10:02,800 Speaker 1: filming and selling child pornography in Michigan. These are just 184 00:10:02,880 --> 00:10:06,640 Speaker 1: some of the heinous migrant criminals caught because of President 185 00:10:06,679 --> 00:10:10,280 Speaker 1: Donald J. Trump's leadership. I'm Christy Noman, the United States 186 00:10:10,280 --> 00:10:15,080 Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border 187 00:10:15,120 --> 00:10:18,680 Speaker 1: crossings are at the lowest levels ever recorded, and over 188 00:10:18,720 --> 00:10:21,960 Speaker 1: one hundred thousand illegal aliens have been arrested. If you 189 00:10:22,040 --> 00:10:25,880 Speaker 1: are here illegally, your next you will be fine nearly 190 00:10:25,960 --> 00:10:29,960 Speaker 1: one thousand dollars a day, imprisoned and deported. You will 191 00:10:30,000 --> 00:10:33,640 Speaker 1: never return. But if you register using our CBP home 192 00:10:33,720 --> 00:10:37,079 Speaker 1: app and leave now, you could be allowed to return legally. 193 00:10:37,440 --> 00:10:42,199 Speaker 1: Do what's right. Leave now. Under President Trump, America's laws, 194 00:10:42,360 --> 00:10:44,360 Speaker 1: border and families. 195 00:10:43,960 --> 00:10:46,360 Speaker 2: Will be protected. Sponsored by the United States Department of 196 00:10:46,400 --> 00:10:47,000 Speaker 2: Homeland Security,