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
00:01:00,240 --> 00:01:04,000
Speaker 3: What is an economic indicator that you look at to

18
00:01:04,160 --> 00:01:06,560
Speaker 3: give you a hedge in the market.

19
00:01:06,720 --> 00:01:08,640
Speaker 4: Ah, that is a good one. I look at M

20
00:01:08,680 --> 00:01:10,039
Speaker 4: two money supply.

21
00:01:10,360 --> 00:01:13,480
Speaker 5: Ooh, so money supply hasn't talked about enough, but it

22
00:01:13,560 --> 00:01:18,199
Speaker 5: shows you, like the flows of actually the actual money

23
00:01:18,200 --> 00:01:20,680
Speaker 5: in the market in different sectors. So when I saw

24
00:01:20,720 --> 00:01:24,559
Speaker 5: we had a dramatic zip around October November, I was like, okay,

25
00:01:24,600 --> 00:01:28,200
Speaker 5: maybe spending this getting a little bit softly. We got

26
00:01:28,200 --> 00:01:30,479
Speaker 5: to be careful not to put so much capital into

27
00:01:30,520 --> 00:01:34,119
Speaker 5: the market. And as this went up, it shows that

28
00:01:34,160 --> 00:01:35,800
Speaker 5: the market is stead of going back up and there's

29
00:01:35,840 --> 00:01:38,360
Speaker 5: a lot more safety. So like when you have technical

30
00:01:38,400 --> 00:01:40,920
Speaker 5: indicators like there's two hundred day moving average seventy two,

31
00:01:41,240 --> 00:01:43,479
Speaker 5: when you're looking at an economic indicator, you can see

32
00:01:43,480 --> 00:01:47,200
Speaker 5: the spending literally drop or go up. So in twenty nineteen,

33
00:01:47,240 --> 00:01:50,640
Speaker 5: twenty twenty, it was going up tremendously and everything was

34
00:01:50,640 --> 00:01:54,120
Speaker 5: on four fire, crypto housing, market stocks.

35
00:01:54,280 --> 00:01:55,280
Speaker 4: NFT's real estate.

36
00:01:55,360 --> 00:01:58,160
Speaker 5: But then as we had a halt, we saw that

37
00:01:58,200 --> 00:02:00,560
Speaker 5: the market saw the to collapse as So that's the

38
00:02:00,600 --> 00:02:02,720
Speaker 5: economic indicator that I'd like to use to get a

39
00:02:02,720 --> 00:02:03,680
Speaker 5: great gauge on the market.

40
00:02:03,720 --> 00:02:05,640
Speaker 4: That's a good one. I always thinking about the technical ones.

41
00:02:05,640 --> 00:02:07,520
Speaker 6: For the average person who's listening, I could begin moving

42
00:02:07,560 --> 00:02:09,840
Speaker 6: averages are good, Yeah, new highs, new lows. What do

43
00:02:09,840 --> 00:02:12,280
Speaker 6: you think about CPI? I know every time you watch,

44
00:02:13,160 --> 00:02:15,520
Speaker 6: you watch CNBC, you watch any these business shows. They

45
00:02:15,520 --> 00:02:18,000
Speaker 6: talk about the importance of CPI to consumer price index,

46
00:02:18,400 --> 00:02:20,200
Speaker 6: how much we're spending, how much it costs for the

47
00:02:20,200 --> 00:02:23,519
Speaker 6: things that we're spending as an economic factor to see

48
00:02:23,840 --> 00:02:26,160
Speaker 6: where the money's going and inflation coming down.

49
00:02:26,440 --> 00:02:28,160
Speaker 5: It takes a lot of curs to do so because

50
00:02:28,160 --> 00:02:29,640
Speaker 5: there could be a lot of losses there. But trading

51
00:02:29,639 --> 00:02:32,000
Speaker 5: a CPR report, if you can get to move right,

52
00:02:32,080 --> 00:02:34,480
Speaker 5: you can make a ton of money. Shot to my gotpe,

53
00:02:34,680 --> 00:02:37,480
Speaker 5: like two weeks ago he called a move and I

54
00:02:37,600 --> 00:02:39,520
Speaker 5: want to tell I mean the dollar round, but I

55
00:02:39,520 --> 00:02:42,320
Speaker 5: mean he probably caught like one hundred and twenty percent

56
00:02:42,440 --> 00:02:45,320
Speaker 5: gainer in one day in less than like ten fifteen minutes.

57
00:02:45,919 --> 00:02:48,320
Speaker 5: So like once you know what the numbers are going

58
00:02:48,400 --> 00:02:50,120
Speaker 5: to be, you can plan in your favorite You can

59
00:02:50,160 --> 00:02:52,320
Speaker 5: definitely end up making a lot of money as a result.

60
00:02:52,520 --> 00:02:55,799
Speaker 5: Trading has considerable risk, absolutely, Police and social advisor always

61
00:02:55,800 --> 00:02:58,639
Speaker 5: say take three hundred practice trades before you go live to.

62
00:02:58,639 --> 00:02:59,480
Speaker 4: Mitigate any risk.

63
00:02:59,560 --> 00:03:03,679
Speaker 5: But that that report is very key for sure, non

64
00:03:03,760 --> 00:03:05,720
Speaker 5: far and payroll is another one that's important as.

65
00:03:05,600 --> 00:03:06,760
Speaker 4: Well, So.

66
00:03:08,919 --> 00:03:12,840
Speaker 3: Like percentage wise, how much is that in percent with

67
00:03:12,960 --> 00:03:14,679
Speaker 3: making a decision whether you should put money to the

68
00:03:14,680 --> 00:03:15,440
Speaker 3: stock market or not.

69
00:03:15,639 --> 00:03:19,160
Speaker 5: M two money supply Yeah, for me, probably thirty forty

70
00:03:19,200 --> 00:03:22,840
Speaker 5: percent because it's a bigger macro indicator. Likes that you

71
00:03:22,840 --> 00:03:25,920
Speaker 5: have smaller reports that are key. But what I'm looking at, like,

72
00:03:26,800 --> 00:03:29,799
Speaker 5: I would say top two would be like GDP growth

73
00:03:29,880 --> 00:03:32,040
Speaker 5: or decline, and then M two money supply. That's a

74
00:03:32,080 --> 00:03:35,840
Speaker 5: shorter term indicator to look at, but it definitely has

75
00:03:35,880 --> 00:03:38,960
Speaker 5: an impact on how the market is you. I would

76
00:03:39,040 --> 00:03:40,920
Speaker 5: challenge everyone to go look at like a ten year

77
00:03:40,960 --> 00:03:43,320
Speaker 5: chart of the M two money supply, see the ebbs

78
00:03:43,360 --> 00:03:45,880
Speaker 5: and flows, and see when M two money supply dips,

79
00:03:45,960 --> 00:03:48,440
Speaker 5: does the market dip with the in correlation? And when

80
00:03:48,440 --> 00:03:50,600
Speaker 5: it goes up does the market go up in correlation.

81
00:03:50,840 --> 00:03:53,760
Speaker 5: It's really fascinating to see those two pair together.

82
00:03:54,000 --> 00:03:57,480
Speaker 6: Yeah, I mean, if I'm an investor, I'm a trader,

83
00:03:57,520 --> 00:03:59,720
Speaker 6: I'm just adding that tool to my belt. You have to, right, So,

84
00:03:59,760 --> 00:04:01,520
Speaker 6: if I didn't know about the M two money supply,

85
00:04:01,720 --> 00:04:04,080
Speaker 6: I add that to looking at the CPI I might

86
00:04:04,120 --> 00:04:06,920
Speaker 6: add that to looking at the unemployment data. Yep, so

87
00:04:06,960 --> 00:04:09,360
Speaker 6: I get a pretty good synopsis of what the economy

88
00:04:09,400 --> 00:04:11,160
Speaker 6: is looking like. Sometimes when you look at the charts

89
00:04:11,200 --> 00:04:13,440
Speaker 6: and you're looking at it doesn't give you a fear

90
00:04:13,960 --> 00:04:15,320
Speaker 6: synopsis of what's really happening.

91
00:04:15,360 --> 00:04:18,680
Speaker 4: Right, especially over the past month and two moving.

92
00:04:18,120 --> 00:04:20,599
Speaker 6: Right, we've seen like the top nine just push the market,

93
00:04:20,600 --> 00:04:21,680
Speaker 6: push the brcket, push the market.

94
00:04:21,800 --> 00:04:23,760
Speaker 4: It kind of feels like the whole market is moving,

95
00:04:24,080 --> 00:04:24,520
Speaker 4: but it's not.

96
00:04:24,720 --> 00:04:27,360
Speaker 5: It's kind of like Kyrie's lay package, like he can

97
00:04:27,680 --> 00:04:29,359
Speaker 5: finish with the left, finished with the right. Like the

98
00:04:29,440 --> 00:04:31,600
Speaker 5: more tools you have in your back. Of course, interest

99
00:04:31,680 --> 00:04:33,720
Speaker 5: rates are the most important. So if it's like creates

100
00:04:34,080 --> 00:04:35,920
Speaker 5: market is going to fall apart if they pause, that's

101
00:04:35,960 --> 00:04:38,200
Speaker 5: a sign for like a little bit of optimism. If

102
00:04:38,200 --> 00:04:41,080
Speaker 5: they cut rates too fast, that it'll lead to deflation.

103
00:04:41,160 --> 00:04:42,840
Speaker 5: But you want to have all these tools in your

104
00:04:42,920 --> 00:04:46,440
Speaker 5: arsenal to have the real information as banks, hedge funds

105
00:04:46,440 --> 00:04:48,400
Speaker 5: are looking at and countries and looking at to make

106
00:04:48,480 --> 00:04:49,479
Speaker 5: economic decisions.

107
00:04:49,600 --> 00:04:51,599
Speaker 6: And we saw a pause, not a freeze, but a pause.

108
00:04:51,640 --> 00:04:53,160
Speaker 6: We didn't even have a conversation, but that was your

109
00:04:53,160 --> 00:04:57,040
Speaker 6: thoughts though, like thank god, right, so it's like do

110
00:04:57,160 --> 00:04:59,000
Speaker 6: we slow down? And people looking at it from a

111
00:04:59,040 --> 00:05:01,880
Speaker 6: standpoint where it's like, okay, they're not going to raise

112
00:05:01,960 --> 00:05:04,479
Speaker 6: rates again, even though they said that another two quarters

113
00:05:04,560 --> 00:05:06,640
Speaker 6: might happen throughout the course of the year, but that

114
00:05:06,680 --> 00:05:07,960
Speaker 6: looks like it might be the ceiling for it.

115
00:05:08,040 --> 00:05:10,599
Speaker 5: Yeah, I believe that rates again, But the pausing of

116
00:05:10,640 --> 00:05:13,599
Speaker 5: the interest rates hike was key because if they continue

117
00:05:13,640 --> 00:05:16,680
Speaker 5: to raise, I think it would drain all optimism out

118
00:05:16,680 --> 00:05:19,039
Speaker 5: of the market, because who actually eventually end up with

119
00:05:19,120 --> 00:05:22,000
Speaker 5: interest rates being like seven and a quarter percent?

120
00:05:22,320 --> 00:05:23,159
Speaker 4: It would be too high.

121
00:05:23,360 --> 00:05:25,480
Speaker 5: Like particularly even when I'm hearing some mortgage rates that

122
00:05:25,520 --> 00:05:28,359
Speaker 5: people have now compared to just two years ago, I'm like,

123
00:05:29,360 --> 00:05:32,320
Speaker 5: some people are paying double for the same house if

124
00:05:32,360 --> 00:05:34,839
Speaker 5: they have like a six fifty credit score. Now it

125
00:05:34,960 --> 00:05:37,239
Speaker 5: is insane. So, like, those interest rates are very key.

126
00:05:37,480 --> 00:05:41,640
Speaker 5: But I'm glad that they did pause. I can't reads

127
00:05:41,680 --> 00:05:46,320
Speaker 5: it's funny now Camron and makes it is it.

128
00:05:46,279 --> 00:05:47,160
Speaker 4: Is a different pause.

129
00:05:47,320 --> 00:05:52,480
Speaker 3: Yeah, So let's talk about Elon Musk stated that deflation

130
00:05:52,880 --> 00:05:56,440
Speaker 3: is coming. What is deflation? And do you believe this

131
00:05:56,480 --> 00:05:59,000
Speaker 3: will happen soon? So we talked a lot about inflation.

132
00:05:59,480 --> 00:06:02,400
Speaker 3: So I you know, anybody that you probably can guess

133
00:06:02,400 --> 00:06:03,599
Speaker 3: what deflation is if you don't.

134
00:06:04,880 --> 00:06:07,120
Speaker 6: This episode is brought to you by P and C Bank.

135
00:06:07,520 --> 00:06:10,280
Speaker 6: A lot of people think podcasts about work are boring,

136
00:06:10,480 --> 00:06:14,320
Speaker 6: and sure, they definitely can be, but understanding a professionals

137
00:06:14,400 --> 00:06:17,680
Speaker 6: routine shows us how they achieve their success little by little,

138
00:06:18,040 --> 00:06:21,680
Speaker 6: day after day. It's like banking with P and C Bank.

139
00:06:22,160 --> 00:06:24,960
Speaker 6: It might seem boring to save, plan and make calculated

140
00:06:25,000 --> 00:06:28,080
Speaker 6: decisions with your bank, but keeping your money boring is

141
00:06:28,120 --> 00:06:31,440
Speaker 6: what helps you live or more happily fulfilled life. P

142
00:06:31,560 --> 00:06:36,400
Speaker 6: and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly

143
00:06:36,440 --> 00:06:39,080
Speaker 6: Boring since eighteen sixty five is a service mark of

144
00:06:39,120 --> 00:06:42,359
Speaker 6: the PNC Financial Service Group, Inc. P and C Bank

145
00:06:42,760 --> 00:06:49,400
Speaker 6: National Association Member FDIC ernest What's Up? You ever walk

146
00:06:49,440 --> 00:06:52,479
Speaker 6: into a small business and everything just works like the

147
00:06:52,600 --> 00:06:56,680
Speaker 6: checkout is fast, the seats are digital, tipping is a breeze,

148
00:06:57,000 --> 00:06:59,120
Speaker 6: and you're out the door before the line even builds.

149
00:06:59,440 --> 00:07:03,719
Speaker 6: Odds are they're using Square? We love supporting businesses that

150
00:07:03,800 --> 00:07:06,480
Speaker 6: run on Square because it just feels seamless. Whether it's

151
00:07:06,480 --> 00:07:09,520
Speaker 6: a local coffee shop, a vendor at a pop up market,

152
00:07:09,680 --> 00:07:12,560
Speaker 6: or even one of our merch partners. Square makes it

153
00:07:12,680 --> 00:07:16,040
Speaker 6: easy for them to take payments, manage inventory, and run

154
00:07:16,080 --> 00:07:20,120
Speaker 6: their business with confidence, all from one simple system. If

155
00:07:20,120 --> 00:07:22,960
Speaker 6: you're a business owner or even just thinking about launching

156
00:07:23,000 --> 00:07:26,000
Speaker 6: something soon, Square is hands down one of the best

157
00:07:26,040 --> 00:07:29,160
Speaker 6: tools out there to help you start, run and grow.

158
00:07:29,440 --> 00:07:32,480
Speaker 6: It's not just about payments, it's about giving you time

159
00:07:32,560 --> 00:07:35,520
Speaker 6: back so you can focus on what matters most ready.

160
00:07:35,520 --> 00:07:38,880
Speaker 6: To see how Square can transform your business, visit Square

161
00:07:38,960 --> 00:07:43,520
Speaker 6: dot com backslash, go backslash eyl to learn more that

162
00:07:43,680 --> 00:07:49,160
Speaker 6: Square dot com backslash, go backslash eyl. Don't wait, don't hesitate.

163
00:07:49,280 --> 00:07:51,640
Speaker 6: Let's Square handle the back end so you can keep

164
00:07:51,680 --> 00:07:52,840
Speaker 6: pushing your vision forward.

165
00:07:55,120 --> 00:07:58,800
Speaker 1: An illegal alien from Guatemala charged with raping a child

166
00:07:58,840 --> 00:08:02,640
Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador

167
00:08:02,880 --> 00:08:07,000
Speaker 1: accused of murdering a Texas. Man of Venezuelan charged with

168
00:08:07,080 --> 00:08:10,960
Speaker 1: filming and selling child pornography in Michigan. These are just

169
00:08:11,080 --> 00:08:14,840
Speaker 1: some of the heinous migrant criminals caught because of President

170
00:08:14,880 --> 00:08:18,400
Speaker 1: Donald J. Trump's leadership. I'm Christy Noman, the United States

171
00:08:18,480 --> 00:08:23,240
Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border

172
00:08:23,280 --> 00:08:26,840
Speaker 1: crossings are at the lowest levels ever recorded, and over

173
00:08:26,920 --> 00:08:30,120
Speaker 1: one hundred thousand illegal aliens have been arrested. If you

174
00:08:30,200 --> 00:08:34,040
Speaker 1: are here illegally your next you will be fined nearly

175
00:08:34,120 --> 00:08:38,160
Speaker 1: one thousand dollars a day, imprisoned, and deported. You will

176
00:08:38,200 --> 00:08:41,840
Speaker 1: never return. But if you register using our CBP home

177
00:08:41,880 --> 00:08:45,240
Speaker 1: app and leave now, you could be allowed to return legally.

178
00:08:45,600 --> 00:08:50,360
Speaker 1: Do what's right. Leave now. Under President Trump America's laws,

179
00:08:50,520 --> 00:08:52,520
Speaker 1: border and families.

180
00:08:52,160 --> 00:08:54,559
Speaker 2: Will be protected. Sponsored by the United States Department of

181
00:08:54,559 --> 00:08:55,160
Speaker 2: Homeland Security.

182
00:08:55,320 --> 00:08:57,320
Speaker 3: Know what deflation is is the opposite of inflation. But

183
00:08:57,640 --> 00:09:00,360
Speaker 3: yet talk about deflation and if you think that that's

184
00:09:00,360 --> 00:09:01,079
Speaker 3: coming soon.

185
00:09:01,080 --> 00:09:04,120
Speaker 5: You want to take it first, I'll lead. Yeah, Deflation

186
00:09:04,240 --> 00:09:07,400
Speaker 5: is just advanced price declines. F Inflations is when prices

187
00:09:07,440 --> 00:09:10,520
Speaker 5: are going up. Deflations are advanced price declines. You really

188
00:09:10,559 --> 00:09:13,800
Speaker 5: want everything to remain stable? Do I think it will come?

189
00:09:13,920 --> 00:09:14,200
Speaker 4: I don't.

190
00:09:14,280 --> 00:09:18,040
Speaker 5: I'm not sure yet, But I will say with all

191
00:09:18,080 --> 00:09:21,480
Speaker 5: the information that Elon has and how focused he's been,

192
00:09:22,080 --> 00:09:24,600
Speaker 5: I'm sure he is seeing something. And I think the

193
00:09:24,720 --> 00:09:29,079
Speaker 5: overall point that he's making And I never will want

194
00:09:28,440 --> 00:09:31,199
Speaker 5: a pile seat by any chance.

195
00:09:31,200 --> 00:09:32,360
Speaker 4: I would never want the job.

196
00:09:32,760 --> 00:09:34,640
Speaker 5: But I think what Elon is alluding to is like

197
00:09:35,160 --> 00:09:37,280
Speaker 5: interest rates got hyped up a little bit too fast,

198
00:09:37,720 --> 00:09:40,520
Speaker 5: and what if they start cutting we'll have the inverse

199
00:09:40,920 --> 00:09:43,880
Speaker 5: issue and when we have too much money supply, like

200
00:09:44,559 --> 00:09:46,520
Speaker 5: everything the value of everything went up too fast and

201
00:09:46,520 --> 00:09:48,439
Speaker 5: now they're trying to correct it. And like it's the

202
00:09:48,480 --> 00:09:50,280
Speaker 5: same thing when you're driving a car. If you correct

203
00:09:50,280 --> 00:09:53,680
Speaker 5: too quickly, that is what can ultimately cause an accident.

204
00:09:54,040 --> 00:09:55,880
Speaker 5: So I think we just need to have things stable.

205
00:09:56,080 --> 00:09:59,000
Speaker 5: Deflation maybe could come and maybe a year, but I

206
00:09:59,120 --> 00:09:59,839
Speaker 5: hope it doesn't.

207
00:10:00,360 --> 00:10:02,000
Speaker 4: Yeah, this is the when we talk about having a

208
00:10:02,040 --> 00:10:02,600
Speaker 4: soft landing.

209
00:10:02,800 --> 00:10:05,320
Speaker 6: Yes, this is exactly what they're talking about, right, Like

210
00:10:05,360 --> 00:10:08,920
Speaker 6: we figured out that zero percent interest rates don't work, right,

211
00:10:08,960 --> 00:10:10,840
Speaker 6: but you raise them and like you said, we could

212
00:10:10,840 --> 00:10:13,680
Speaker 6: get up to six percent at at a certain point,

213
00:10:14,040 --> 00:10:16,120
Speaker 6: but where do we want to land right, And this

214
00:10:16,280 --> 00:10:17,840
Speaker 6: talks that, hey, we need to get it down to

215
00:10:17,880 --> 00:10:21,920
Speaker 6: two percent. Well, if we're at six, how do we

216
00:10:21,920 --> 00:10:24,720
Speaker 6: get there safely? How do we safely get down to two?

217
00:10:25,280 --> 00:10:28,640
Speaker 6: And so it becomes a fine balance. And again it

218
00:10:28,760 --> 00:10:30,920
Speaker 6: sounds crazy, but like people are going to have to

219
00:10:30,920 --> 00:10:33,920
Speaker 6: lose jobs, right because you got to have the unemployment

220
00:10:34,000 --> 00:10:36,160
Speaker 6: rate go up, which is like for the average person,

221
00:10:36,480 --> 00:10:38,320
Speaker 6: it's going to affect you, it is, right, And so

222
00:10:38,320 --> 00:10:40,320
Speaker 6: that's why you try to make this as soft as

223
00:10:40,320 --> 00:10:43,679
Speaker 6: possible quote unquote the soft landing, so that it's a

224
00:10:43,720 --> 00:10:47,199
Speaker 6: steady process. It's stabilized to a point where it's like, right,

225
00:10:47,240 --> 00:10:49,600
Speaker 6: this isn't a harsh effect. Right, We're just not going

226
00:10:49,640 --> 00:10:52,280
Speaker 6: to turn this thing upside down palls, but we're going

227
00:10:52,320 --> 00:10:53,800
Speaker 6: to figure out a way to make sure that the

228
00:10:53,840 --> 00:10:57,719
Speaker 6: economy stays stable. Right, people still can be employed, and

229
00:10:58,080 --> 00:11:00,760
Speaker 6: it doesn't go back to all right, well we raised it,

230
00:11:00,880 --> 00:11:02,640
Speaker 6: we've got it lowered, this isn't working.

231
00:11:02,720 --> 00:11:03,640
Speaker 4: We got to hike him again.

232
00:11:03,720 --> 00:11:05,920
Speaker 5: Yeah, And I think it's really tough to have a

233
00:11:06,040 --> 00:11:08,760
Speaker 5: soft landing with our transparency, Like they've been clear on

234
00:11:08,840 --> 00:11:10,720
Speaker 5: what they want to do, but it doesn't seem confident

235
00:11:10,720 --> 00:11:12,560
Speaker 5: in any of the decisions they want to make. Like

236
00:11:12,600 --> 00:11:14,360
Speaker 5: one week it feels like we're going to raise rates

237
00:11:14,360 --> 00:11:17,400
Speaker 5: for the next two years. Then the pushback isn't positive,

238
00:11:17,480 --> 00:11:19,839
Speaker 5: and then they change tune a little bit. I think

239
00:11:19,880 --> 00:11:22,200
Speaker 5: if they just honestly said, hey, here's what the plan is.

240
00:11:22,559 --> 00:11:25,280
Speaker 5: We'll have rough eighteen months or two years, but for

241
00:11:25,320 --> 00:11:27,160
Speaker 5: the next ten years it's will be better, I think

242
00:11:27,200 --> 00:11:30,920
Speaker 5: most business owners and governments could handle that. It's the

243
00:11:30,960 --> 00:11:34,760
Speaker 5: indecision that really leads to a lot of the Confederate part.

244
00:11:34,559 --> 00:11:36,920
Speaker 6: Of it was, you know, even in twenty twenty two,

245
00:11:37,160 --> 00:11:39,200
Speaker 6: when you know, we saw that their rates were going

246
00:11:39,240 --> 00:11:41,240
Speaker 6: to be raising throughout the next six to eight months,

247
00:11:41,240 --> 00:11:42,680
Speaker 6: it was like, this is going to stop in March,

248
00:11:43,040 --> 00:11:44,480
Speaker 6: and here we are in June and this and there

249
00:11:44,520 --> 00:11:48,280
Speaker 6: might be two more. I feel like the market doesn't believe. Yes,

250
00:11:48,320 --> 00:11:51,720
Speaker 6: I don't saying anymore. Right, there's not like that firm confidence,

251
00:11:51,760 --> 00:11:55,520
Speaker 6: like ah, he's saying it, but it alls did. Then

252
00:11:55,880 --> 00:11:58,400
Speaker 6: why not just you know, have the raid hike in June.

253
00:11:58,640 --> 00:12:00,480
Speaker 6: Why not have it in a few weeks here coming

254
00:12:00,520 --> 00:12:03,840
Speaker 6: in July. Why not just have it consistently rather than

255
00:12:03,880 --> 00:12:06,720
Speaker 6: pause it and say, all right, we're seeing the numbers

256
00:12:06,720 --> 00:12:09,400
Speaker 6: cool down to a pace that we like, all right,

257
00:12:09,400 --> 00:12:11,000
Speaker 6: but we still have an option, right. I think he's

258
00:12:11,000 --> 00:12:13,720
Speaker 6: just leaving it as a variable option just in the

259
00:12:13,840 --> 00:12:16,760
Speaker 6: event that the numbers start peeking back to a point

260
00:12:17,000 --> 00:12:18,960
Speaker 6: that is unsatisfactory to him. So it's like, all right,

261
00:12:19,080 --> 00:12:20,920
Speaker 6: we'll raise it because I told you I would, And

262
00:12:20,960 --> 00:12:21,360
Speaker 6: I don't.

263
00:12:21,240 --> 00:12:23,000
Speaker 5: Think he's doing a bad job. But I think we

264
00:12:23,080 --> 00:12:25,160
Speaker 5: all knowing being the leader, you have to have a

265
00:12:25,320 --> 00:12:27,480
Speaker 5: very clear and firm path on what you're going to

266
00:12:27,600 --> 00:12:30,160
Speaker 5: like blaze the trail. We've seen it with Alan Greenspan

267
00:12:30,440 --> 00:12:33,280
Speaker 5: a little bit with Bernek. I think we need that

268
00:12:33,440 --> 00:12:34,959
Speaker 5: from him, but I mean, it's one of the most

269
00:12:34,960 --> 00:12:39,960
Speaker 5: difficult jobs on earth to correct, and because ideally zero

270
00:12:40,040 --> 00:12:42,040
Speaker 5: interest rate environment is great for the short term, but

271
00:12:42,040 --> 00:12:44,439
Speaker 5: it hurts us long term. And now he's in a

272
00:12:44,559 --> 00:12:47,880
Speaker 5: driver's seat, after all, this zuberance has been rushing around

273
00:12:47,880 --> 00:12:50,280
Speaker 5: for fifteen years, and now you have to be the

274
00:12:50,320 --> 00:12:52,280
Speaker 5: one to say, hey, no more fun, no more parties,

275
00:12:52,480 --> 00:12:54,320
Speaker 5: like we're on financial punishment right now.

276
00:12:54,559 --> 00:12:55,680
Speaker 4: That's a tough job to have.

277
00:12:55,840 --> 00:12:58,960
Speaker 6: So the interesting part is that as those rates start

278
00:12:58,960 --> 00:13:01,960
Speaker 6: to come down, you think which type of companies benefit

279
00:13:02,040 --> 00:13:02,520
Speaker 6: the most of that?

280
00:13:03,840 --> 00:13:08,640
Speaker 5: Tech for sure, right right, fintech, most finance companies that

281
00:13:08,679 --> 00:13:11,679
Speaker 5: were like running thin on margin, those will come back.

282
00:13:11,840 --> 00:13:14,440
Speaker 5: Maybe automotive will come back as a result, but who

283
00:13:14,640 --> 00:13:15,880
Speaker 5: knows if it would be short lived.

284
00:13:16,120 --> 00:13:17,400
Speaker 4: My first thought was the tech sector.

285
00:13:17,679 --> 00:13:19,920
Speaker 6: It's like, all right, the price to do business obviously

286
00:13:20,000 --> 00:13:22,760
Speaker 6: goes down, infrastructure goes down, logistics goes down.

287
00:13:23,520 --> 00:13:25,360
Speaker 4: That helps it the economy.

288
00:13:25,080 --> 00:13:27,000
Speaker 6: Especially from the you know when we talk about what's

289
00:13:27,080 --> 00:13:29,880
Speaker 6: leading it tech and so those companies that we talk about,

290
00:13:29,880 --> 00:13:31,840
Speaker 6: those top nine that we continuously I know you say

291
00:13:32,000 --> 00:13:32,920
Speaker 6: Apple and Microsoft.

292
00:13:32,960 --> 00:13:35,360
Speaker 4: I mean that's a great benefit a small cap. Some

293
00:13:35,400 --> 00:13:37,320
Speaker 4: of the ross RUSS two thousand will go because.

294
00:13:39,960 --> 00:13:45,160
Speaker 3: My graduates from my school being forced back drop b drop,

295
00:13:45,800 --> 00:13:48,200
Speaker 3: Mike drop back drop drop.

296
00:13:58,520 --> 00:14:02,200
Speaker 1: An illegal alien from guatem charged with raping a child

297
00:14:02,200 --> 00:14:06,000
Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador

298
00:14:06,240 --> 00:14:10,400
Speaker 1: accused of murdering a Texas man of Venezuelan charged with

299
00:14:10,480 --> 00:14:14,360
Speaker 1: filming and selling child pornography in Michigan. These are just

300
00:14:14,440 --> 00:14:18,199
Speaker 1: some of the heinous migrant criminals caught because of President

301
00:14:18,240 --> 00:14:21,840
Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States

302
00:14:21,840 --> 00:14:26,640
Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border

303
00:14:26,680 --> 00:14:30,240
Speaker 1: crossings are at the lowest levels ever recorded, and over

304
00:14:30,280 --> 00:14:33,520
Speaker 1: one hundred thousand illegal aliens have been arrested. If you

305
00:14:33,600 --> 00:14:37,440
Speaker 1: are here illegally, your next you will be fine nearly

306
00:14:37,520 --> 00:14:41,520
Speaker 1: one thousand dollars a day, imprisoned and deported, you will

307
00:14:41,560 --> 00:14:45,200
Speaker 1: never return. But if you register using our CBP home

308
00:14:45,280 --> 00:14:48,640
Speaker 1: app and leave now, you could be allowed to return legally.

309
00:14:49,000 --> 00:14:53,760
Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,

310
00:14:53,920 --> 00:14:56,360
Speaker 1: border and families will be protected.

311
00:14:56,440 --> 00:14:58,560
Speaker 2: Sponsored by the United States Department of Homeland Security,