WEBVTT - Market Predictions: Could the S&P 500 Triple by 2030?

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<v Speaker 2>Do you foresee a rate cut happening in September?

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<v Speaker 3>Let's go perview of my crystal ball. But I will say,

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<v Speaker 3>I'm gonna getlicked up. I'm gonna get something to be

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<v Speaker 3>I'm wrong about. I'm gonna say yes, got a fee

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<v Speaker 3>the streets one way or another, right, I'm gonna say yes,

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<v Speaker 3>we would need a rate cut at some point. I

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<v Speaker 3>don't have any intel or pow oh to all the Democrats.

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<v Speaker 3>None of anything that I said is reflective of how

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<v Speaker 3>I feel about Nancy Pelosi and Janet Yelling I know

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<v Speaker 3>you're not let me in the building, but them two

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<v Speaker 3>lout doors let me walk through, Yes, please? But yeah,

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<v Speaker 3>I think hopefully one rake cut will come in September.

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<v Speaker 3>It will be the one for the year if we

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<v Speaker 3>do it. But I hope.

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<v Speaker 1>So do you think one for the year.

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<v Speaker 3>I don't see how they do more because they I

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<v Speaker 3>don't think they can push us back down to two

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<v Speaker 3>percent after fourteen fifteen years of quantitative easy, and I

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<v Speaker 3>think if they were going to push us towards that

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<v Speaker 3>rate level, we would have been there already. The average

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<v Speaker 3>home mortgage is what seven percent now?

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<v Speaker 1>Well Fed Palace spoke last week, so the inflation number

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<v Speaker 1>is going down slightly. CPI is going down and according

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<v Speaker 1>to the CME, the Chicago Mercantal Exchange, who track this

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<v Speaker 1>and you are in you're in the green here, they

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<v Speaker 1>said that there's a ninety five percent chance that there

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<v Speaker 1>will be a rate cut in September.

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<v Speaker 3>Bravo. I took that part upto seeing me in Chicago,

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<v Speaker 3>they hopes, though, we need look at it. No, and

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<v Speaker 3>if I don't want any chance to win, he better

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<v Speaker 3>call Chicago and make sure that the number is right and.

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<v Speaker 1>Then have one in November and hopefully if you're still

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<v Speaker 1>there to get one in December, right called.

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<v Speaker 3>Moving company right into the Christmas rally.

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<v Speaker 1>We need it?

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<v Speaker 2>Yeah, all right, hit the like button and share. So

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<v Speaker 2>analyst Tom Lee has predicted the S and P five

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<v Speaker 2>hundred will reach fifteen thousand by twenty thirty. So that

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<v Speaker 2>would be like almost triple from where it is now. Yeah,

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<v Speaker 2>in a relatively short period of time. Twenty thirty is

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<v Speaker 2>not that far away. Six years, So is that even

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<v Speaker 2>realistic that the S and P four hundred is going

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<v Speaker 2>to increase triple in three years, in four years, six years,

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<v Speaker 2>six years?

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<v Speaker 3>Yeah, I don't. I mean love I love time. I

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<v Speaker 3>know some people don't like him because he's always super bullish,

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<v Speaker 3>but the thing that it does get right is better

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<v Speaker 3>to be bullish on the market long term because if

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<v Speaker 3>you look at a graph of how often we're positive

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<v Speaker 3>versus negative, I think, what seventy eight percent of the

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<v Speaker 3>time we're to the up. I don't know for a triple,

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<v Speaker 3>but I can see us doubling, especially if they start

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<v Speaker 3>moving some of these bummass companies out of the way.

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<v Speaker 3>Walgreens got kicked out. If the spy does and reshuffling

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<v Speaker 3>and put some better companies in there and replace the

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<v Speaker 3>ones in the laggards or value driven companies. I definitely

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<v Speaker 3>can see it's doubling by twenty thirty. Tripling will be tough.

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<v Speaker 3>We'll have to go and then in order for that

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<v Speaker 3>to happen, we will need to get back to get

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<v Speaker 3>back to two percent three percent interest rate across the board,

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<v Speaker 3>And I don't know if we'll have that many cuts.

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<v Speaker 3>But if we get down to two to three percent

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<v Speaker 3>and they reshuffle some of the companies that are in there,

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<v Speaker 3>we could triple. But I don't see us getting that

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<v Speaker 3>many rate cuts in our favor. I really don't. But

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<v Speaker 3>the biggest lesson is to stay long in the market

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<v Speaker 3>no matter what.

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<v Speaker 1>Well.

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<v Speaker 2>It's also can speak us hyperinflation, which is true. So

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<v Speaker 2>if the theory that the market is raped is true,

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<v Speaker 2>then it would be like, Okay, you know previously seven

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<v Speaker 2>percent average, that's people one hundred. That's not going to

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<v Speaker 2>do it if inflation is higher than that, So you

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<v Speaker 2>would have to get double digit return. And rule of

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<v Speaker 2>seventy two is that if you get seven point two

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<v Speaker 2>percent on your investment for a ten year period of time,

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<v Speaker 2>then that doubles your investment So now if the new

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<v Speaker 2>seven point two is fourteen percent or twenty percent right now,

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<v Speaker 2>you're going to start to see a higher increase while

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<v Speaker 2>money is getting devalued. You need a higher rates of

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<v Speaker 2>return to actually keep up with inflation. The regular seven

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<v Speaker 2>percent is not going to cut it anymore. So that's

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<v Speaker 2>something to consider.

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<v Speaker 3>That's a great point. I never thought about that. That's

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<v Speaker 3>a great point.

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<v Speaker 1>And at that number, what does that put the NaSTA?

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<v Speaker 1>What does that put the.

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<v Speaker 3>NASA could go belisted. If if the spy triples, then

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<v Speaker 3>that's a quintumplin for NaSTA.

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<v Speaker 1>Yeah, yeah, yeah, yeah, hold for the long.

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<v Speaker 3>Term, yeah hold, no matter what. But ver shot, that's

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<v Speaker 3>a great point about the inflation point for sure.

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<v Speaker 2>Yeah, something to think about, something to consider.

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<v Speaker 4>An illegal alien from Guatemala charged with raping a child

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