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Speaker 1: This episode is brought to you by P and C Bank.

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Speaker 1: A lot of people think podcasts about work are boring,

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Speaker 1: and sure they definitely can be, but understanding a professionals

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Speaker 1: routine shows us how they achieve their success little by little,

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Speaker 1: day after day. It's like banking with P and C Bank.

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Speaker 1: It might seem boring to safe plan and make calculated

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Speaker 1: decisions with your bank, but keeping your money boring is

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Speaker 1: what helps you live or more happily fulfilled life. P

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Speaker 1: and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly

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Speaker 1: Boring since eighteen sixty five is a service mark of

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Speaker 1: the PNC Financial Service Group, Inc. P and C Bank

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Speaker 1: National Association Member FDIC.

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Speaker 2: Erness What's Up?

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Speaker 1: You ever walk into a small business and everything just

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Speaker 1: works like the checkout is fast, the receipts are digital,

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Speaker 1: tipping is a breeze, and you're out the door before

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Speaker 1: the line even builds. Odds are they're using Square? We

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Speaker 1: at a pop up market, or even one of our

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Speaker 1: merch partners. Square makes it easy for them to take payments,

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Speaker 1: manage inventory, and run their business with confidence, all from

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Speaker 1: don't hesitate. Let's Square handle the back end so you

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Speaker 1: can keep pushing your vision forward.

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Speaker 3: But there's still a lot of uncertainty any economy. And

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Speaker 3: that's the thing that is like, you know, it's one thing,

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Speaker 3: like the sector and how much you reduce to it,

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Speaker 3: how much, But when the economy crashes, none of it,

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Speaker 3: none of it, None of that matters. If there's a

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Speaker 3: global recession or if there's an economy crash, then every

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Speaker 3: number could be good and your your projections and forecasting

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Speaker 3: it's not gonna matter.

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Speaker 2: But are there any signs of a recession? Here's the

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Speaker 2: funny part.

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Speaker 4: Now here somethings credit because the Democrats got their ass

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Speaker 4: kicks so bad in this selection. The media is going

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Speaker 4: to report if we actually hear the recession this time.

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Speaker 4: Last time they didn't. They changed the skew for what

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Speaker 4: recession was. If he get two negative quarters, it's.

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Speaker 2: Going to be on every channel in America.

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Speaker 1: He calls a recession, but there hasn't been a signs

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Speaker 1: of it, right if we even look at it, if

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Speaker 1: we can in the bondo market, the bond market, I'm

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Speaker 1: just if we're talking about the S and P and

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Speaker 1: for the last quarter, I think our average is about

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Speaker 1: thirteen percent on earnings, which is a positive sign. That

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Speaker 1: wouldn't be a sign of economy that is headed towards

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Speaker 1: the recession. Is there a pullback in this sector for sure?

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Speaker 1: So even if we looked at the next six months, yeah,

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Speaker 1: the economy, it's really what's going to happen over the

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Speaker 1: next couple of weeks when we figure out what's going

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Speaker 1: to be the impact of these tariffs, Who are going

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Speaker 1: to impact and how do we combat that.

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Speaker 2: The lead that he had from the inauguration is gone. Yes,

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Speaker 2: that all those games have been.

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Speaker 4: That alone is scary, and if he doesn't write that ship,

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Speaker 4: we may drop an up to twelve or thirteen percent.

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Speaker 2: As a as a status in peace or a specific company.

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Speaker 3: That's it. But the stock market is not a direct

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Speaker 3: correlation on the recession. It's a laggering indicator. Yeah, we

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Speaker 3: have unprecedented territories that we're walking in right now. He's

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Speaker 3: talking about putting tariffs, global terrorts pretty much an EU China,

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Speaker 3: Mexico call in Canada. So you're putting teriffs on everybody

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Speaker 3: pretty much. Those are all every every global major power.

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Speaker 3: You're putting taroft for that's what one day. There's uncertainty

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Speaker 3: as far as the geopolitical aspect of it, as far

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Speaker 3: as Ukraine say you want to turn Kaza into a resort.

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Speaker 3: That guy Saudi Arabia man who even says that the

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Speaker 3: job numbers lights fishy. Inflation does come down for now.

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Speaker 3: They say that there's a new virus that came out

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Speaker 3: of China.

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Speaker 2: Already been whipped up.

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Speaker 3: A variety of different factors that's in the play here.

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Speaker 3: So and spending, it's like this those things we don't,

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Speaker 3: this could be extremely harmful to America. The cutbacks, yes,

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Speaker 3: because it's like you don't you can't lose. It's like

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Speaker 3: weight loss right if you if you lose too much

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Speaker 3: weight too fast, that can actually be harmful to you,

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Speaker 3: shock your body. You gotta lose, you gotta lose like

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Speaker 3: five pound. You can't just lose eighty seven pounds in

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Speaker 3: one week. It's danger left, that's dangerous causes complications for real.

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Speaker 3: So it's like you're putting a shock into the economy

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Speaker 3: by just trying to cut hundreds of billions of dollars.

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Speaker 3: It's going to be interested in how this thing plays out.

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Speaker 3: But I'll tell you what, if the economy is in

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Speaker 3: is in turmoil, none of the numbers are gonna matter.

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Speaker 4: Not as much, and the ones that are great are

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Speaker 4: going to rise to the top, and it's going to

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Speaker 4: be a super hyper concentration into the ones Microsoft and Video.

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Speaker 2: That I feel like that's what we've seen.

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Speaker 1: Yeah, even during the past three to four years when

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Speaker 1: you looked at the rest of one hundred and you look,

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Speaker 1: those weren't not moving.

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Speaker 3: And technically it's supposed to be a down yet, And

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Speaker 3: like you said, historically, the first year of a presidency

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Speaker 3: is pretty flat, the second year of a presidency is down,

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Speaker 3: and the third year of a presidency is up.

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Speaker 2: So I think he readrites through these books though, Bro.

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Speaker 3: Yeah, until he doesn't, right, I just until he doesn't.

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Speaker 2: Yeah, I just I don't know.

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Speaker 3: History doesn't. History repeats itself usually.

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Speaker 4: Part he had a great chance to come out to

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Speaker 4: a great start and lead.

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Speaker 2: Well, yeah, the decisions were just horrible. But now he

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Speaker 2: has to live. He's trying to He's living on the

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Speaker 2: things that he said.

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Speaker 3: Was going to attach him. He's not a rational person.

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Speaker 3: He's doing a variety of irrational things. Yes, he's doing

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Speaker 3: a variety of irrational things. Right, you can only do

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Speaker 3: irrational things for so long.

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Speaker 1: Yeah. The uncertainty is not great. It's not good. It

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Speaker 1: doesn't help anybody.

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Speaker 2: Like.

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Speaker 3: The things that he's doing are dangerous.

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Speaker 2: Yeah.

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Speaker 5: An illegal alien from Guatemala charged with raping a child

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Speaker 5: in Massachusetts. An MS thirteen gang member from El Salvador

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Speaker 5: accused of murdering a Texas man of Venezuelan charged with

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Speaker 5: filming and selling child pornography, and miss These are just

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Speaker 5: some of the heinous migrant criminals caught because of President

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Speaker 5: Donald J. Trump's leadership. I'm Christy nom the United States

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Speaker 5: Secretary of Homeland Security under President Trump, attempted illegal border

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Speaker 5: crossings are at the lowest levels ever recorded, and over

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Speaker 5: one hundred thousand illegal aliens have been arrested. If you

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Speaker 5: are here illegally, your next you will be fine nearly

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Speaker 5: one thousand dollars a day, imprisoned, and deported. You will

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Speaker 5: never return. But if you register using our CBP home

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Speaker 5: app and leave now, you could be allowed to return legally.

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Speaker 5: Do what's right, leave now. Under President Trump, America's laws,

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Speaker 5: border and families will be protected.

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Speaker 2: Sponsored by the United States Department of Homeland Security,