(00:00.482) The next big short. If you haven’t seen the movie, The Big Short, Mike, it’s based on Michael Lewis’ book about the financial crisis and the few out there that made a fortune off of trading the absolute calamity that it was. People that have been listening to us and following what we do […]
(00:00.622) Iran and the State of the Union. Not going to be watching the State of the Union this evening. A couple of reasons. First and foremost, starts at nine o’clock. Yeah, my bedtime is between eight and eight thirty. That’s you know, I’m an old guy. And not to mention the fact I can’t […]
(00:00.47) Welcome to the land of tariff confusion. Yeah, it’s okay. It’s okay. Nobody knows. Nobody knows what’s gonna happen with tariffs or what tweet is gonna come out within the next 15 minutes half and I’m telling you right now, people in the administration don’t have any idea. And this is what concerned me […]
(00:00.856) For crying out loud, crony capitalism is socialism. This is another one of these topics that I’ve talked about ad nauseam for decades and people, don’t get it. They don’t get it. I try, I try to explain it. I try to break it down. And the funny thing is it all depends upon, […]
(00:00.568) Tick-ting, Trump tariffs shot down. Yep. Expected, expected, really no reaction at all as far as the financial markets are concerned. Barely a flutter. Barely a flutter. It was expected. And you want to know how I actually knew that I even think the Trump administration knew that these things were getting shut down […]
(00:00.43) Okay, the economic reality GDP growth major miss or was it? What was it? I don’t know. Explain this a little bit of economic reality. 1.4 % 3 % was expected final sales 1.2 % versus 2.6. Consumer spending was 2.4. The PCE again, Fed loves that number when it comes to inflation. Higher […]
(00:00.372) A New York, you get what you vote for, my friends. Yeah, everywhere. Story popping up everywhere. my God, man. Donny is going to raise taxes in New York City. Property taxes by 10 percent. Again, we’ve talked about talked to problem problems with commercial real estate. You got so many buildings that are […]
(00:00.6) I’m sorry people, but the humane answer to many of societal problems we have today, quite frankly, are mental institutions. We need to bring them back. And no, no, I’m not talking about one flew over the cuckoo’s nest, nurse ratchet, hellholes by any stretch of the imagination, but we need them. And I’m […]
(00:00.52) When the levy breaks Epstein edition like that Led Zeppelin song when the levy breaks. I’m hoping. I’m hoping, hoping praying that the levy is going to break. I am laying off the nitty gritty details in regards to the Epstein files, the pictures, the videos. I’m trying to stay away from it this […]
(00:00.522) How the big banks get away with murder for years and years. I basically explained to you how the system works. And this is early 2000s. We talked about basically paying your way out and indulgence paid to the powers that be in order to get away from doing time. Again, the only people […]