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Speaker 3: But there's still a lot of uncertainty any economy. And
Speaker 3: that's the thing that is like, you know, it's one thing,
Speaker 3: like the sector and how much you reduce to it,
Speaker 3: how much, But when the economy crashes, none of it,
Speaker 3: none of it, None of that matters. If there's a
Speaker 3: global recession or if there's an economy crash, then every
Speaker 3: number could be good and your your projections and forecasting
Speaker 3: it's not gonna matter.
Speaker 2: But are there any signs of a recession? Here's the
Speaker 2: funny part.
Speaker 4: Now here somethings credit because the Democrats got their ass
Speaker 4: kicks so bad in this selection. The media is going
Speaker 4: to report if we actually hear the recession this time.
Speaker 4: Last time they didn't. They changed the skew for what
Speaker 4: recession was. If he get two negative quarters, it's.
Speaker 2: Going to be on every channel in America.
Speaker 1: He calls a recession, but there hasn't been a signs
Speaker 1: of it, right if we even look at it, if
Speaker 1: we can in the bondo market, the bond market, I'm
Speaker 1: just if we're talking about the S and P and
Speaker 1: for the last quarter, I think our average is about
Speaker 1: thirteen percent on earnings, which is a positive sign. That
Speaker 1: wouldn't be a sign of economy that is headed towards
Speaker 1: the recession. Is there a pullback in this sector for sure?
Speaker 1: So even if we looked at the next six months, yeah,
Speaker 1: the economy, it's really what's going to happen over the
Speaker 1: next couple of weeks when we figure out what's going
Speaker 1: to be the impact of these tariffs, Who are going
Speaker 1: to impact and how do we combat that.
Speaker 2: The lead that he had from the inauguration is gone. Yes,
Speaker 2: that all those games have been.
Speaker 4: That alone is scary, and if he doesn't write that ship,
Speaker 4: we may drop an up to twelve or thirteen percent.
Speaker 2: As a as a status in peace or a specific company.
Speaker 3: That's it. But the stock market is not a direct
Speaker 3: correlation on the recession. It's a laggering indicator. Yeah, we
Speaker 3: have unprecedented territories that we're walking in right now. He's
Speaker 3: talking about putting tariffs, global terrorts pretty much an EU China,
Speaker 3: Mexico call in Canada. So you're putting teriffs on everybody
Speaker 3: pretty much. Those are all every every global major power.
Speaker 3: You're putting taroft for that's what one day. There's uncertainty
Speaker 3: as far as the geopolitical aspect of it, as far
Speaker 3: as Ukraine say you want to turn Kaza into a resort.
Speaker 3: That guy Saudi Arabia man who even says that the
Speaker 3: job numbers lights fishy. Inflation does come down for now.
Speaker 3: They say that there's a new virus that came out
Speaker 3: of China.
Speaker 2: Already been whipped up.
Speaker 3: A variety of different factors that's in the play here.
Speaker 3: So and spending, it's like this those things we don't,
Speaker 3: this could be extremely harmful to America. The cutbacks, yes,
Speaker 3: because it's like you don't you can't lose. It's like
Speaker 3: weight loss right if you if you lose too much
Speaker 3: weight too fast, that can actually be harmful to you,
Speaker 3: shock your body. You gotta lose, you gotta lose like
Speaker 3: five pound. You can't just lose eighty seven pounds in
Speaker 3: one week. It's danger left, that's dangerous causes complications for real.
Speaker 3: So it's like you're putting a shock into the economy
Speaker 3: by just trying to cut hundreds of billions of dollars.
Speaker 3: It's going to be interested in how this thing plays out.
Speaker 3: But I'll tell you what, if the economy is in
Speaker 3: is in turmoil, none of the numbers are gonna matter.
Speaker 4: Not as much, and the ones that are great are
Speaker 4: going to rise to the top, and it's going to
Speaker 4: be a super hyper concentration into the ones Microsoft and Video.
Speaker 2: That I feel like that's what we've seen.
Speaker 1: Yeah, even during the past three to four years when
Speaker 1: you looked at the rest of one hundred and you look,
Speaker 1: those weren't not moving.
Speaker 3: And technically it's supposed to be a down yet, And
Speaker 3: like you said, historically, the first year of a presidency
Speaker 3: is pretty flat, the second year of a presidency is down,
Speaker 3: and the third year of a presidency is up.
Speaker 2: So I think he readrites through these books though, Bro.
Speaker 3: Yeah, until he doesn't, right, I just until he doesn't.
Speaker 2: Yeah, I just I don't know.
Speaker 3: History doesn't. History repeats itself usually.
Speaker 4: Part he had a great chance to come out to
Speaker 4: a great start and lead.
Speaker 2: Well, yeah, the decisions were just horrible. But now he
Speaker 2: has to live. He's trying to He's living on the
Speaker 2: things that he said.
Speaker 3: Was going to attach him. He's not a rational person.
Speaker 3: He's doing a variety of irrational things. Yes, he's doing
Speaker 3: a variety of irrational things. Right, you can only do
Speaker 3: irrational things for so long.
Speaker 1: Yeah. The uncertainty is not great. It's not good. It
Speaker 1: doesn't help anybody.
Speaker 2: Like.
Speaker 3: The things that he's doing are dangerous.
Speaker 2: Yeah.
Speaker 5: An illegal alien from Guatemala charged with raping a child
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Speaker 5: border and families will be protected.
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