(00:00.874) Sometimes the old ways are best said Monty Penny to James Bond in Skyfall when shaving him with a straight razor. Well, as it turns out, it’s the same when it comes to education. This is extraordinary. We spent as a nation 30 billion dollars to get rid of books. To get rid of […]
(00:00.526) It’s the State of the Union show. Listening, I didn’t watch. I saw some clips. I listened to the State of the Union address and I couldn’t get the Muppet song out of my head. know, it’s time to play the trance. It’s time to light the lights. You know, the Muppet show tonight. […]
(00:00.098) Stop listening to bloody stock pickers. People on well used to be people that were on TV. Then it moved on to I was also message boards back in the 1990s. CNBC had a guy on every day at 12 o’clock in the 90s named Dan Dorfman, who was he was basically collecting a […]
(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 […]