Speaker 1: An illegal alien from Guatemala charged with raping a child
Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
Speaker 1: accused of murdering a Texas man of Venezuelan charged with
Speaker 1: filming and selling child pornography in Michigan. These are just
Speaker 1: some of the heinous migrant criminals caught because of President
Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
Speaker 1: crossings are at the lowest levels ever recorded, and over
Speaker 1: one hundred thousand illegal aliens have been arrested. If you
Speaker 1: are here illegally, your next you will be fined nearly
Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
Speaker 1: never return. But if you register using our CBP home
Speaker 1: app and leave now, you could be allowed to return legally.
Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
Speaker 1: border and families will be protected.
Speaker 2: Sponsored by the United States Department of Homeland Security.
Speaker 3: Let's talk about this today. Not so bad, but last
Speaker 3: week was a tough week for the stock market, and
Speaker 3: this month has been a tough month for the stock market.
Speaker 3: So at what point do you see stocks reversing trend
Speaker 3: and not falling anymore and going back up to you
Speaker 3: know how it was for the rest of the year
Speaker 3: when stocks were just on a rampage.
Speaker 4: Yeah, I think probably October. A key thing that we
Speaker 4: don't talk about is how important September is. It's the
Speaker 4: start of the fiscal year. It feels like when September comes,
Speaker 4: everyone's done with the vacation and then they start saying, Okay,
Speaker 4: let's take this out of the budget, let's apply this
Speaker 4: money here. So I think since we're getting back into
Speaker 4: the swing of things and we just had witching, so
Speaker 4: we factor that in. A lot of contracts expired, a
Speaker 4: lot of headsphonges are not looking to buy it for
Speaker 4: the next quarter. But we have to see what the
Speaker 4: FED is going to do about interest rates and whether
Speaker 4: I think that'll be unchanged.
Speaker 2: We have to see what's gonna happen with the strike.
Speaker 4: So when you're investing, you have to look and see
Speaker 4: how many roadblocks are away from the market going up,
Speaker 4: like you want to clean slate. So no automotive strike.
Speaker 4: The strike in Hollywood needs to be resolved. I don't
Speaker 4: think they'll cut rates the next year, but if they
Speaker 4: make an announcement on that that would be great. And
Speaker 4: then if a company puts out guidance and say, hey,
Speaker 4: we expect a double revenue, that would be great. But
Speaker 4: once you have all these rucks in the way, it's
Speaker 4: kind of hard for the market to go up consistently.
Speaker 4: And we need to see some other companies, maybe in
Speaker 4: the Russell two thousand or mid caps do a lot
Speaker 4: better to show signs of strength so that the Dow
Speaker 4: can catch up and the S and P five hundred
Speaker 4: can catch up. So that's what I'm looking for. That
Speaker 4: probably would happen until mid October. If you're an investor,
Speaker 4: you just have to keep buying quality. I know everyone
Speaker 4: hates when the market is in a down cycle, but
Speaker 4: this is the best time to actually buy when we're
Speaker 4: sliding down. It's really interesting from like a psychological standpoint.
Speaker 4: When the market is at a high, everyone wants to buy,
Speaker 4: even though statistically it's the worst time to actually like
Speaker 4: make an investment in.
Speaker 2: And then when the market is sliding down, more people
Speaker 2: are afraid. But you shouldn't be thinking.
Speaker 4: About this over a month to month, Like if you
Speaker 4: judged three months six months out, you'll be incredibly happy.
Speaker 4: But I know, it's tough when you're actually making an
Speaker 4: investment and you put three thousand dollars in and then
Speaker 4: two weeks later you're down five hundred bucks.
Speaker 2: But you have to play the long game no matter what.
Speaker 5: Yeah, I think all those factors that you name, and
Speaker 5: we kind of, you know, spoke about this at the
Speaker 5: start of the month about all the things that are
Speaker 5: happened in September. We talked about CPI, We talked about unemployment,
Speaker 5: and we talked about the Fed, you know, having the
Speaker 5: interest of either they're going to freeze rates or raise rates,
Speaker 5: and so all those things are playing out like we said,
Speaker 5: like you said, which just happened last week, and so
Speaker 5: all these things are playing out exactly how we you know,
Speaker 5: historically we thought they would.
Speaker 2: Ernest what's up.
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Speaker 5: P and C Bank National Association Member FDIC. I think
Speaker 5: the one thing that maybe people overlook is the geopolitical
Speaker 5: climate of the economy. What's happening in China, which we've
Speaker 5: documented on a number of occasions, but what's still happened
Speaker 5: in the Russian Ukraine, Like, these things still play a
Speaker 5: major role in the world economy. And so those things
Speaker 5: are happening, and let alone anything else that may arise
Speaker 5: over the next four to six weeks, you know, I mean,
Speaker 5: you just never know. So all those things put into
Speaker 5: a bullet is a recipe for some of the climate
Speaker 5: that way. But like I said, we've seen September and
Speaker 5: historically it has been the worst month for the market.
Speaker 5: But like you said, the other end of the spectrum
Speaker 5: is that if you're somebody that's looking to figure out
Speaker 5: what time should I invest, it's a great place time
Speaker 5: to start putting the seats.
Speaker 4: I mean, if I told you two years ago that
Speaker 4: at one point a former president would be indicted, and
Speaker 4: then a president's son will be going possibly the jail.
Speaker 2: You'll be like you've lost your mind.
Speaker 4: Like this is one of the most interesting political climates
Speaker 4: I've seen, and that unrests costs is for concern, like
Speaker 4: especially once again when you only have seven companies. I
Speaker 4: know you guys get tired of us talk about Apple
Speaker 4: and Microsoft, but it's like, and even with Apple, you're
Speaker 4: on the clock.
Speaker 2: You need to start innovating.
Speaker 4: I think Michael Batman wrote wrote a newsletter or article
Speaker 4: saying this Apple the new IBM. If they don't fix
Speaker 4: this by iPhone seventeen, I'm gonna have a different declaration
Speaker 4: on iPhone. It's time for some innovation. If any of
Speaker 4: you work at Apple or used to work there, please
Speaker 4: send us up the food chain. I know they are
Speaker 4: not taking it serious, but and I know because of
Speaker 4: the regulation and regulatory issue that they have to make
Speaker 4: the charging port of USBC, that's not the innovation that
Speaker 4: we need.
Speaker 2: It's really not.
Speaker 4: So companies overall have to do better, like we need
Speaker 4: to have a conversation when a Starlink going to go public,
Speaker 4: like Starlink made one point four billion dollars last year
Speaker 4: as a privately held company. Another great elne innovation. We
Speaker 4: need more companies to produce real products and real services
Speaker 4: that are needed. We don't need another social media app
Speaker 4: for dogs.
Speaker 3: I guess trapped in a matrix.
Speaker 5: For trying to get him out of here. Can't you
Speaker 5: can't be talking. You can't be talking about Tim cook
Speaker 5: like that man.
Speaker 4: Listen, every time I mentioned Tim Cooker Zuckerberg, I get frozen.
Speaker 2: I'm sorry.
Speaker 5: Yeah, they said that the pre order sales for the
Speaker 5: fifteen are coming in better than expected, which is, to
Speaker 5: my now a little surprising.
Speaker 2: I didn't think they would.
Speaker 5: I didn't know if people would be clamoring to have
Speaker 5: a new phone that's kind of similar to the last
Speaker 5: three that they have.
Speaker 2: But it goes with my brand. Again. Gotta innovate.
Speaker 4: You have to innovate, and I like to get ahead
Speaker 4: of these problems before it gets too bad.
Speaker 2: We need to see some innovation immediately in Apple.
Speaker 1: So an illegal alien from Guatemala charged with raping a
Speaker 1: child in Massachusetts. An MS thirteen gang member from Al
Speaker 1: Salvador accused of murdering a Texas. Man of Venezuelan charged
Speaker 1: with filming and selling child pornography in Michigan. These are
Speaker 1: just some of the heinous migrant criminals caught because of
Speaker 1: President Donald J. Trump's leadership. I'm Christy Noman, the United
Speaker 1: States Secretary of Homeland Security. Under President Trump, attempted illegal
Speaker 1: border crossings are at the lowest levels ever recorded, and
Speaker 1: over one hundred thousand illegal aliens have been arrested. If
Speaker 1: you are here illegally, your next you will be fine
Speaker 1: nearly one thousand dollars a day. Imprisoned and deported, you
Speaker 1: will never return. But if you register using our CBP
Speaker 1: home app and leave now, you could be allowed to
Speaker 1: return legally. Do what's right. Leave now. Under President Trump,
Speaker 1: America's laws, border and families will be protected.
Speaker 2: Sponsored by the United States Department of Homeland Security.