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 00:01:00,120 --> 00:01:04,560 Speaker 3: Let's talk about this today. Not so bad, but last 18 00:01:04,560 --> 00:01:06,880 Speaker 3: week was a tough week for the stock market, and 19 00:01:07,040 --> 00:01:09,160 Speaker 3: this month has been a tough month for the stock market. 20 00:01:09,240 --> 00:01:15,000 Speaker 3: So at what point do you see stocks reversing trend 21 00:01:15,600 --> 00:01:18,840 Speaker 3: and not falling anymore and going back up to you 22 00:01:18,840 --> 00:01:20,200 Speaker 3: know how it was for the rest of the year 23 00:01:20,240 --> 00:01:23,040 Speaker 3: when stocks were just on a rampage. 24 00:01:23,640 --> 00:01:28,880 Speaker 4: Yeah, I think probably October. A key thing that we 25 00:01:28,880 --> 00:01:31,760 Speaker 4: don't talk about is how important September is. It's the 26 00:01:31,800 --> 00:01:34,600 Speaker 4: start of the fiscal year. It feels like when September comes, 27 00:01:34,600 --> 00:01:37,559 Speaker 4: everyone's done with the vacation and then they start saying, Okay, 28 00:01:37,600 --> 00:01:39,399 Speaker 4: let's take this out of the budget, let's apply this 29 00:01:39,520 --> 00:01:41,920 Speaker 4: money here. So I think since we're getting back into 30 00:01:41,959 --> 00:01:45,280 Speaker 4: the swing of things and we just had witching, so 31 00:01:45,280 --> 00:01:48,000 Speaker 4: we factor that in. A lot of contracts expired, a 32 00:01:48,000 --> 00:01:49,640 Speaker 4: lot of headsphonges are not looking to buy it for 33 00:01:49,680 --> 00:01:54,120 Speaker 4: the next quarter. But we have to see what the 34 00:01:54,120 --> 00:01:56,680 Speaker 4: FED is going to do about interest rates and whether 35 00:01:56,760 --> 00:01:58,520 Speaker 4: I think that'll be unchanged. 36 00:01:59,000 --> 00:02:00,920 Speaker 2: We have to see what's gonna happen with the strike. 37 00:02:01,000 --> 00:02:03,760 Speaker 4: So when you're investing, you have to look and see 38 00:02:03,840 --> 00:02:07,160 Speaker 4: how many roadblocks are away from the market going up, 39 00:02:07,440 --> 00:02:10,840 Speaker 4: like you want to clean slate. So no automotive strike. 40 00:02:11,840 --> 00:02:16,440 Speaker 4: The strike in Hollywood needs to be resolved. I don't 41 00:02:16,440 --> 00:02:18,040 Speaker 4: think they'll cut rates the next year, but if they 42 00:02:18,040 --> 00:02:21,160 Speaker 4: make an announcement on that that would be great. And 43 00:02:21,200 --> 00:02:23,360 Speaker 4: then if a company puts out guidance and say, hey, 44 00:02:23,400 --> 00:02:25,960 Speaker 4: we expect a double revenue, that would be great. But 45 00:02:26,000 --> 00:02:28,200 Speaker 4: once you have all these rucks in the way, it's 46 00:02:28,280 --> 00:02:31,480 Speaker 4: kind of hard for the market to go up consistently. 47 00:02:32,000 --> 00:02:33,919 Speaker 4: And we need to see some other companies, maybe in 48 00:02:33,919 --> 00:02:37,079 Speaker 4: the Russell two thousand or mid caps do a lot 49 00:02:37,120 --> 00:02:40,520 Speaker 4: better to show signs of strength so that the Dow 50 00:02:40,600 --> 00:02:42,520 Speaker 4: can catch up and the S and P five hundred 51 00:02:42,560 --> 00:02:45,160 Speaker 4: can catch up. So that's what I'm looking for. That 52 00:02:45,200 --> 00:02:48,079 Speaker 4: probably would happen until mid October. If you're an investor, 53 00:02:48,120 --> 00:02:51,520 Speaker 4: you just have to keep buying quality. I know everyone 54 00:02:51,600 --> 00:02:54,120 Speaker 4: hates when the market is in a down cycle, but 55 00:02:54,320 --> 00:02:58,160 Speaker 4: this is the best time to actually buy when we're 56 00:02:58,200 --> 00:03:02,200 Speaker 4: sliding down. It's really interesting from like a psychological standpoint. 57 00:03:02,520 --> 00:03:05,239 Speaker 4: When the market is at a high, everyone wants to buy, 58 00:03:05,360 --> 00:03:08,000 Speaker 4: even though statistically it's the worst time to actually like 59 00:03:08,520 --> 00:03:09,320 Speaker 4: make an investment in. 60 00:03:09,360 --> 00:03:11,640 Speaker 2: And then when the market is sliding down, more people 61 00:03:11,680 --> 00:03:14,880 Speaker 2: are afraid. But you shouldn't be thinking. 62 00:03:14,760 --> 00:03:16,959 Speaker 4: About this over a month to month, Like if you 63 00:03:17,040 --> 00:03:19,440 Speaker 4: judged three months six months out, you'll be incredibly happy. 64 00:03:20,040 --> 00:03:21,920 Speaker 4: But I know, it's tough when you're actually making an 65 00:03:21,919 --> 00:03:24,679 Speaker 4: investment and you put three thousand dollars in and then 66 00:03:25,760 --> 00:03:28,560 Speaker 4: two weeks later you're down five hundred bucks. 67 00:03:28,639 --> 00:03:30,640 Speaker 2: But you have to play the long game no matter what. 68 00:03:32,200 --> 00:03:34,000 Speaker 5: Yeah, I think all those factors that you name, and 69 00:03:34,040 --> 00:03:36,120 Speaker 5: we kind of, you know, spoke about this at the 70 00:03:36,160 --> 00:03:38,240 Speaker 5: start of the month about all the things that are 71 00:03:38,240 --> 00:03:42,240 Speaker 5: happened in September. We talked about CPI, We talked about unemployment, 72 00:03:42,480 --> 00:03:44,880 Speaker 5: and we talked about the Fed, you know, having the 73 00:03:45,000 --> 00:03:47,600 Speaker 5: interest of either they're going to freeze rates or raise rates, 74 00:03:47,880 --> 00:03:49,680 Speaker 5: and so all those things are playing out like we said, 75 00:03:49,800 --> 00:03:52,200 Speaker 5: like you said, which just happened last week, and so 76 00:03:52,840 --> 00:03:54,960 Speaker 5: all these things are playing out exactly how we you know, 77 00:03:55,160 --> 00:03:57,040 Speaker 5: historically we thought they would. 78 00:03:58,440 --> 00:03:59,080 Speaker 2: Ernest what's up. 79 00:03:59,160 --> 00:04:01,640 Speaker 5: You ever walk into a small business and everything just 80 00:04:01,800 --> 00:04:05,000 Speaker 5: works like the checkout is fast, the receipts are digital, 81 00:04:05,520 --> 00:04:08,480 Speaker 5: tipping is a breeze, and you're out the door before 82 00:04:08,480 --> 00:04:12,640 Speaker 5: the line even builds. Odds are they're using Square. We 83 00:04:12,800 --> 00:04:15,360 Speaker 5: love supporting businesses that run on Square because it just 84 00:04:15,400 --> 00:04:18,640 Speaker 5: feels seamless, whether it's a local coffee shop, a vendor 85 00:04:18,680 --> 00:04:20,920 Speaker 5: at a pop up market, or even one of our 86 00:04:21,000 --> 00:04:24,640 Speaker 5: merch partners. Square makes it easy for them to take payments, 87 00:04:24,839 --> 00:04:28,600 Speaker 5: manage inventory, and run their business with confidence, all from 88 00:04:28,680 --> 00:04:32,080 Speaker 5: one simple system. If you're a business owner or even 89 00:04:32,160 --> 00:04:35,680 Speaker 5: just thinking about launching something soon, Square is hands down 90 00:04:35,720 --> 00:04:38,760 Speaker 5: one of the best tools out there to help you start, run, 91 00:04:39,000 --> 00:04:42,320 Speaker 5: and grow. It's not just about payments, it's about giving 92 00:04:42,320 --> 00:04:45,000 Speaker 5: you time back so you can focus on what matters 93 00:04:45,040 --> 00:04:48,279 Speaker 5: most Ready. To see how Square can transform your business, 94 00:04:48,560 --> 00:04:53,200 Speaker 5: visit Square dot com backslash, go backslash eyl to learn 95 00:04:53,240 --> 00:04:58,440 Speaker 5: more that Square dot com backslash, go backslash eyl. Don't wait, 96 00:04:58,720 --> 00:04:59,480 Speaker 5: don't hesitate. 97 00:04:59,560 --> 00:05:00,000 Speaker 2: Let's Square. 98 00:05:00,000 --> 00:05:02,320 Speaker 5: We're handled the back end so you can keep pushing 99 00:05:02,360 --> 00:05:08,240 Speaker 5: your vision forward. This episode is brought to you by 100 00:05:08,320 --> 00:05:11,040 Speaker 5: P and C Bank. A lot of people think podcasts 101 00:05:11,080 --> 00:05:14,359 Speaker 5: about work are boring, and sure, they definitely can be, 102 00:05:14,839 --> 00:05:18,080 Speaker 5: but understanding a professionals routine shows us how they achieve 103 00:05:18,160 --> 00:05:22,359 Speaker 5: their success little by little, day after day. It's like 104 00:05:22,440 --> 00:05:25,239 Speaker 5: banking with P and C Bank. It might seem boring 105 00:05:25,279 --> 00:05:28,080 Speaker 5: to save, plan and make calculated decisions with your bank, 106 00:05:28,560 --> 00:05:31,000 Speaker 5: but keeping your money boring is what helps you live 107 00:05:31,120 --> 00:05:35,160 Speaker 5: a more happily fulfilled life. P and C Bank Brilliantly 108 00:05:35,240 --> 00:05:39,800 Speaker 5: Boring since eighteen sixty five. Brilliantly Boring since eighteen sixty 109 00:05:39,839 --> 00:05:43,120 Speaker 5: five is a service mark of the PNC Financial Service Group, Inc. 110 00:05:43,560 --> 00:05:49,039 Speaker 5: P and C Bank National Association Member FDIC. I think 111 00:05:49,279 --> 00:05:52,480 Speaker 5: the one thing that maybe people overlook is the geopolitical 112 00:05:52,480 --> 00:05:56,520 Speaker 5: climate of the economy. What's happening in China, which we've 113 00:05:56,600 --> 00:05:59,440 Speaker 5: documented on a number of occasions, but what's still happened 114 00:05:59,440 --> 00:06:02,280 Speaker 5: in the Russian Ukraine, Like, these things still play a 115 00:06:02,360 --> 00:06:05,360 Speaker 5: major role in the world economy. And so those things 116 00:06:05,360 --> 00:06:08,279 Speaker 5: are happening, and let alone anything else that may arise 117 00:06:08,680 --> 00:06:10,760 Speaker 5: over the next four to six weeks, you know, I mean, 118 00:06:10,800 --> 00:06:13,240 Speaker 5: you just never know. So all those things put into 119 00:06:13,640 --> 00:06:17,040 Speaker 5: a bullet is a recipe for some of the climate 120 00:06:17,080 --> 00:06:19,560 Speaker 5: that way. But like I said, we've seen September and 121 00:06:20,160 --> 00:06:23,640 Speaker 5: historically it has been the worst month for the market. 122 00:06:23,680 --> 00:06:26,080 Speaker 5: But like you said, the other end of the spectrum 123 00:06:26,120 --> 00:06:28,480 Speaker 5: is that if you're somebody that's looking to figure out 124 00:06:28,480 --> 00:06:31,920 Speaker 5: what time should I invest, it's a great place time 125 00:06:32,240 --> 00:06:33,920 Speaker 5: to start putting the seats. 126 00:06:34,520 --> 00:06:36,640 Speaker 4: I mean, if I told you two years ago that 127 00:06:36,760 --> 00:06:40,160 Speaker 4: at one point a former president would be indicted, and 128 00:06:40,200 --> 00:06:44,599 Speaker 4: then a president's son will be going possibly the jail. 129 00:06:45,279 --> 00:06:46,679 Speaker 2: You'll be like you've lost your mind. 130 00:06:46,800 --> 00:06:51,560 Speaker 4: Like this is one of the most interesting political climates 131 00:06:51,560 --> 00:06:55,919 Speaker 4: I've seen, and that unrests costs is for concern, like 132 00:06:56,080 --> 00:06:58,719 Speaker 4: especially once again when you only have seven companies. I 133 00:06:58,760 --> 00:07:00,400 Speaker 4: know you guys get tired of us talk about Apple 134 00:07:00,400 --> 00:07:03,160 Speaker 4: and Microsoft, but it's like, and even with Apple, you're 135 00:07:03,200 --> 00:07:03,679 Speaker 4: on the clock. 136 00:07:03,800 --> 00:07:04,920 Speaker 2: You need to start innovating. 137 00:07:06,000 --> 00:07:09,479 Speaker 4: I think Michael Batman wrote wrote a newsletter or article 138 00:07:09,760 --> 00:07:12,239 Speaker 4: saying this Apple the new IBM. If they don't fix 139 00:07:12,280 --> 00:07:17,000 Speaker 4: this by iPhone seventeen, I'm gonna have a different declaration 140 00:07:17,160 --> 00:07:21,040 Speaker 4: on iPhone. It's time for some innovation. If any of 141 00:07:21,080 --> 00:07:23,240 Speaker 4: you work at Apple or used to work there, please 142 00:07:23,240 --> 00:07:25,840 Speaker 4: send us up the food chain. I know they are 143 00:07:25,880 --> 00:07:28,720 Speaker 4: not taking it serious, but and I know because of 144 00:07:28,760 --> 00:07:31,600 Speaker 4: the regulation and regulatory issue that they have to make 145 00:07:31,640 --> 00:07:34,800 Speaker 4: the charging port of USBC, that's not the innovation that 146 00:07:34,840 --> 00:07:35,200 Speaker 4: we need. 147 00:07:35,800 --> 00:07:36,440 Speaker 2: It's really not. 148 00:07:37,160 --> 00:07:41,200 Speaker 4: So companies overall have to do better, like we need 149 00:07:41,240 --> 00:07:43,520 Speaker 4: to have a conversation when a Starlink going to go public, 150 00:07:43,960 --> 00:07:46,520 Speaker 4: like Starlink made one point four billion dollars last year 151 00:07:46,480 --> 00:07:51,200 Speaker 4: as a privately held company. Another great elne innovation. We 152 00:07:51,280 --> 00:07:55,400 Speaker 4: need more companies to produce real products and real services 153 00:07:55,400 --> 00:07:59,520 Speaker 4: that are needed. We don't need another social media app 154 00:07:59,520 --> 00:08:00,000 Speaker 4: for dogs. 155 00:08:02,840 --> 00:08:06,520 Speaker 3: I guess trapped in a matrix. 156 00:08:06,160 --> 00:08:07,880 Speaker 5: For trying to get him out of here. Can't you 157 00:08:07,920 --> 00:08:09,680 Speaker 5: can't be talking. You can't be talking about Tim cook 158 00:08:09,760 --> 00:08:10,240 Speaker 5: like that man. 159 00:08:11,200 --> 00:08:13,880 Speaker 4: Listen, every time I mentioned Tim Cooker Zuckerberg, I get frozen. 160 00:08:13,920 --> 00:08:14,560 Speaker 2: I'm sorry. 161 00:08:15,080 --> 00:08:18,120 Speaker 5: Yeah, they said that the pre order sales for the 162 00:08:18,640 --> 00:08:23,040 Speaker 5: fifteen are coming in better than expected, which is, to 163 00:08:23,120 --> 00:08:25,120 Speaker 5: my now a little surprising. 164 00:08:25,240 --> 00:08:26,080 Speaker 2: I didn't think they would. 165 00:08:26,240 --> 00:08:28,560 Speaker 5: I didn't know if people would be clamoring to have 166 00:08:28,600 --> 00:08:30,360 Speaker 5: a new phone that's kind of similar to the last 167 00:08:30,360 --> 00:08:30,880 Speaker 5: three that they have. 168 00:08:31,040 --> 00:08:35,880 Speaker 2: But it goes with my brand. Again. Gotta innovate. 169 00:08:36,360 --> 00:08:38,720 Speaker 4: You have to innovate, and I like to get ahead 170 00:08:38,720 --> 00:08:40,960 Speaker 4: of these problems before it gets too bad. 171 00:08:41,440 --> 00:08:44,240 Speaker 2: We need to see some innovation immediately in Apple. 172 00:08:45,160 --> 00:08:48,920 Speaker 1: So an illegal alien from Guatemala charged with raping a 173 00:08:49,040 --> 00:08:52,520 Speaker 1: child in Massachusetts. An MS thirteen gang member from Al 174 00:08:52,600 --> 00:08:57,440 Speaker 1: Salvador accused of murdering a Texas. Man of Venezuelan charged 175 00:08:57,440 --> 00:09:01,360 Speaker 1: with filming and selling child pornography in Michigan. These are 176 00:09:01,400 --> 00:09:04,920 Speaker 1: just some of the heinous migrant criminals caught because of 177 00:09:04,920 --> 00:09:08,680 Speaker 1: President Donald J. Trump's leadership. I'm Christy Noman, the United 178 00:09:08,679 --> 00:09:13,440 Speaker 1: States Secretary of Homeland Security. Under President Trump, attempted illegal 179 00:09:13,440 --> 00:09:17,120 Speaker 1: border crossings are at the lowest levels ever recorded, and 180 00:09:17,160 --> 00:09:20,520 Speaker 1: over one hundred thousand illegal aliens have been arrested. If 181 00:09:20,559 --> 00:09:24,199 Speaker 1: you are here illegally, your next you will be fine 182 00:09:24,240 --> 00:09:28,360 Speaker 1: nearly one thousand dollars a day. Imprisoned and deported, you 183 00:09:28,440 --> 00:09:31,959 Speaker 1: will never return. But if you register using our CBP 184 00:09:32,120 --> 00:09:34,840 Speaker 1: home app and leave now, you could be allowed to 185 00:09:34,920 --> 00:09:39,760 Speaker 1: return legally. Do what's right. Leave now. Under President Trump, 186 00:09:39,880 --> 00:09:43,480 Speaker 1: America's laws, border and families will be protected. 187 00:09:43,600 --> 00:09:45,720 Speaker 2: Sponsored by the United States Department of Homeland Security.