(00:00.778) Sell it. Sell it all. That was a bit of a scene. The movie Margin Call, my favorite financial movie. And at that point, they were talking about selling off their distressed real estate portfolio, asset portfolio, mortgage-backed securities back in 2008. Sell it all. Sell all of this government, I call it government […]
(00:00.568) Day one executive orders. I’ve got a little bit of info here on some of the things that Donald Trump is gonna be signing today. Declaring national border emergency. Directing the US military to work with the Department of Homeland Security to secure the southern border. Eliminate all criminal cartels operating on US soil. […]
(00:00.62) The China Fugazi. Yeah, it’s a fugazi. The numbers come, well, we’ve been, long time listeners know this for years and years and years. We have always made fun of the rosy, rosy, rosy Chinese economic numbers. Again, it’s a command and control economy. They just make stuff up. Okay. And remember the Lego […]
(00:00.834) Mayorkas, yes, Alejandro, the man behind the border. remember him. We gotta win peach, Mayorkas and peach, Mayorkas and peach and peach and peach and peach and peach. And God, got all the people going, got all the people excited on Fox News and all the big, the keyboard warriors out there that wanna […]
(00:00.046) This sucks. We got another green, green fire this time. The hits keep on coming in California. This is in Monterey County, another absolutely beautiful area of the country. There is a fire right now that has been going on at the… Moss Landing Power Plant. And the Moss Landing Power Plant was a […]
(00:01.492) EV stupidity in the Wall Street Journal. Earlier today we talking about lowering the bar when it comes to awards. I’ve been making fun of the Wall Street Journal, call it the Wall Street Journal, and the journalism has just been weak. But for the most part, the opinion page and the columnists tend […]
(00:01.688) Game of Thrones in Washington, DC. Yeah, I’ve been asked before, hey, well, Chris, know, why don’t you get involved in politics and run for office someday? No, no, know, Socrates says to know thyself and I know, again, I wouldn’t last there very long. I’d find it difficult. Like I said, I know […]
(00:00.942) Tip fatigue, yeah, it’s in fact in the country. Here’s the story, Americans are tipping less than they have in years. They say frustration with rising menu prices and ubiquitous tip prompts lead to a six year low. average tip at full service restaurants dropped to 19.3 % for three months. Okay, I hate […]
(00:01.806) Budget deficit blowout. Yeah, how about this? This. The worst start to a fiscal year. Ever. Ever. Government spending up 10.9 % tax receipts down 2.2 % fiscal year to date deficit up. 40%. Now again, this started in October, October. You hear that that ticking you make out of MacGyver around here that […]
(00:02.668) Yeah, ESG DEI blowing up 401Ks. And we told you so. Yeah, we did. A district court ruled that American Airlines failed to prioritize the financial interests of its employees’ retirement funds by enabling fund managers to pursue environmental, social, and governance investments. This is interesting. I’ll you why. This is interesting in more […]