저자: 미상 · 외국인
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10/29 FOMC·대형 실적·미중 협상을 앞둔 장 초반 방송. 엔비디아가 시총 5조 달러를 돌파했다며 강세를 강조하고, CVS·CNC·퓨처스(FUTU) 등 실적 관련 플레이와 중국·항공 관련주를 언급. 방송 중반 이후에는 주식 판단과 무관한 종교·설교성 발언이 대부분을 차지.
다듬은 글
very big day, October 29th, 2025. I'm telling you, it's wild. You have a FOMC decision. You have the big earnings. You have China deal tomorrow, but then you also have Trump going around today. And then we've had a lot of reactions. I don't know uh how many of you watched the the other videos a couple day.
We were talking about some grim reapers and what we could expect with earnings. You may have saw that video title and you actually woke up to one. uh Fizzerve, they dropped a ton. So, there's a lot happening, but it's either everything rally, you're either going to go Mag 7, you're either going to go only Nvidia, but yeah, man, there is a lot in store.
So, I hope you guys are locked and loaded. I hope you're ready for a good day. We'll be seeing Powell at 2:30. Uh two for the statement, and you are going to get the end of quantitative tightening. But yeah, man, we we got a big one ahead of us. And like I said, it's going to be a good day, baby. But then again, I could understand, man.
You know why? If you can't understand the value of how great your country is, if you can't understand the value of the great sacrifice by a bunch of amazing men and women of this country, you may not I don't know if you'll get all the value. I'm just keeping it real with you, man. And that's why every day, bro, it's so deep.
is so deep for many many reasons. I I wish I had more time to explain it for y'all. But veterans, I love y'all and thank you for everything and God bless every single one of you. There's a reason why we do this every morning. And I want to give you all a big shout out. Active service, past service, anybody who has served this great nation.
God bless you and thank you for your commitment. Whether you agree with things or not, y'all served and y'all held it down. And there's a lot of people who haven't served and it makes it so easy to take this freedom for granted. So, God bless every single one of you. I hope that we could repay you in some way, shape or form.
And even if we can't, bro, I know the Lord will look down at you with favor and you are already blessed. And may you already have a reward, my brothers. So, God bless every single one of you. And it's your time to own the land now. Stay away from these scoundrels. I I hope you use the same discipline you learned to apply it to finances and stay out of trouble and stay out of this dark stuff and all the scams, baby.
But God bless every single one of you and thank you. And big shout out to your families as well. And big shout out to everybody else giving back to their local communities. Doctors, nurses, teachers, firefighters, police officers, the janitors, the coaches, the garbagemen, everybody making their communities run, baby.
God bless you and thank you. spot. Ladies and gentlemen, please rise up. Place your right hand over your heart. Say it with me. I pledge allegiance to the flag of the United States of America and to the republic for which it stands, one nation under God, indivisible, with liberty and justice for all.
Baby. Oh, it's game time, baby. Oh, no. Dog, I don't have the horn. You know that, bro. I still be on, bro. I still be on. I'm We in a day three of the horn drought. You got the I You got the digital horn. You got that. Oh my goodness. All right, baby. Let's go. I got a couple place. Actually, a lot.
We already went over earnings previews. We went over the Fed preview. So, we had a lot last night and this morning. You got a lot. There's a lot of big earnings. You had FILRN. Watch CNC, any of the healthcare, CVS, Nvidia, and you'll be good to go. And And you don't even have to force it, bro, cuz you probably already have a lot from yesterday if you really think about it.
So, watch out for that. We only got a minute. We only got a minute. What a day, bro. What a day already. But yeah, I need to go to the bathroom, but we don't. Literally, you got 50 seconds. So, you got to do what you can. You got to do what you can, bro. Play the Jesus. Play the Jesus, man. Deserve.
I can't believe that, bro. In [ __ ] 48 hours, I wasn't Jesus. Praise God. Amen. Amen. It's a go, baby. Yeah. And if we talking plays, yeah, I'm in there like swim where I've been there. I've done this [ __ ] for 10 years. You could have it all, but you've been scared. Big scare. Funny part, there wasn't even risk there.
My thoughts belong. Yeah, I've been clear. No fear. Oh dear. Who you trying to control here? My God is the weapon. I ain't boasting. Nah, it's done. Daddy said it's finished. Made me in his image, but that always made me timid. Wonder why we different. Don't you ever get it twisted. It's the only way we get it.
Set apart from the start. And the heart is in ours. It's a hippie with the love but it's D with the S. I want peace. So that means you going to kill me if it's war cheapk beach on the ar easy or hard. Want a genie or a god? Then believe me little bra. You a child. You a son of the highest and above.
Don't deny it. We don't like it when they tell us who we are. I can tell you who I was. Y'all didn't hear. I was just screaming, bro. Let's go, baby. Round one, fight. All right, man. Nvidia becomes first $5 trillion company here at the bell. All right, so Fizzer, I don't know if we're going to even find any of those, but other than that, man, that one was crazy.
There's literally only one of them left on that chain. They're all That was crazy. That would have sucked for the premium cell, too. All right, a lot of things are gapping up. Watch China 2 again. You're going to get that deal here. Uh, tomorrow is the meeting. So, I think that one's very easy to misinterpret.
All right, the Nvidia woke up. Nice. Nice, nice, nice. Oh, where's the other one? Uh, where's China? The Futus actually went nuts. Hold on. That could just be the spread here in the morning. No. Oh yeah, they actually gapped up a little bit. So there you go. I might want I want to take a couple watch the healthcare ones again.
I like Dude, where's uh CVS? CVS was decent. Oh, it kind of came back down there. So we'll see. Yeah, you might have it. You might have your opportunity. And then watch the CNC's as well. I got to see these. I I want to harvest. Yeah, just big ass spreads, dog. Mhm. Is that a weekly? Yeah, that's a huge spread.
All right, the futus is either take that one or push it, but that's a big spread. I like the invidia. Wow, 25 trillion. No way. The Q's. All right, the path woke up. I don't know if that'll have legs. And then watch out, man. Long duration. Long duration. Did homeboy actually find every morning, bro?
every morning with the bows on. Yeah, the paths are still down. All right, I don't want to go too crazy, man. That's what I'm saying. We saw some of them yesterday, so just watch out for that. Okay, I like that. Yeah, CNC. That one's going to be a trip. I like Broadcom and Dell. Those are the other ones from yesterday.
Watch Intel as well. That one's going to also provide. Yes, you might have your UPS. Dude, Nvidia, I mean, that's at this point, remember, you have earnings on the 18th or the 19th. So, depending on the timing, I got rid of the weeklies. That's the one I whiffed on. Sold too early. But yeah, they're there and silver's up four today.
I don't know if you guys are aware of that. Yeah. So, give it a All right. Give it a second on the low key the the CVS is moving. It just got crowded, so I haven't taken one yet. I don't like it as much. You're going to have to wait. If it goes, it'll be good. Korean will buy 103 new Boeings. Did we just get a [ __ ] dowy?
36.2 billion. Remember, Boeing reported this morning, so it might lag on that. Yeah, South Korea selects L3 Harris to produce aircrafts. So again, those Korean deals. I don't know where the other ones are going to fit into it. You might get some of those Nvidas. And then where's our long duration? I'd keep an eye on that, too.
Remember, it is a Fed day. Who's the other one? You won't get ones. Oh, dude. Yeah. All the Nvidia is [ __ ] hit, bro. So, now the question is when do you take it? But that's going to be up to you on because we already made it free. Even yesterday making it free backfired. We made it very, very free.
Hari very very free. I said nda you don't need to feel down. I said nda. Okay. Get rid of one sniff again, dude. Oh, the ones I [ __ ] sold would have been in the money. Yeah. So, CV is chilling again. The premiums I'm going to keep an eye on it. I think you had that little window, but there was a lot of crowding after I said it.
So, just be careful. But that one was the one if you know from the morning. And then CNC depending on how. But CNC is was already going to be sketchier. Fizzer. If that could kill the premium, you'll be fine. And then see if Boeing and L3 actually move off of that. No, they're not getting [ __ ] They might have to rush through or they might have to get through all the earnings.
Apple on the high. Oh yeah. Where's Meta? Microsoft. I want to see if there's any front runs on those premiums. That's the other part. Old Intel's coming back as well. That one just staying from yesterday. That's the other part. So yeah, some of the premiums on the front runs are holding. You a child.
You a son of the highest and above. Don't deny it. We don't like it when they tell us who we are. Make another sauna telling y'all about the crib. Yeah. No key. I mean, hey, we made it [ __ ] free. I didn't want to make it free, but I think we hit it really well and like it it held. I don't know where those premiums even are at.
I have not looked yet. Oh [ __ ] I have another Nvidia thousand center. Yeah. Wait, one of them. I didn't know I had it on this one. All right. Nice. Yeah, literally. Oh, no. That's a 2,000 center there. I got to sell a couple just to put it on the books. You know what I'm saying? Cuz they going they going to think it's fake.
You know, I have all of these, dog. Y'all playing with me. That's enough. That's 2,000%. Praise the Lord. Praise Jesus. That's what we've been doing. Korean air. Yeah, dude. It didn't react to the Boeing [ __ ] So, see, it might, like I'm saying, it might have to work through earnings and then it'll go.
But yeah, not bad. Not bad at all. Okay, I harvested a couple there. Deck. Uh, the CLFS went as well. We'll hold Yeah. Seal love, dude. Noia down five. Not bad. It was moving like five to eight in the thing. China plays. We were already in them. So again, that was You don't remember that one? That was a gift I gave you guys.
Futu was one of the gifts. How quickly they forget. But yeah, so you should have already had some, but you could still grab a couple if they're down. I would just, you know, check premiums. Intel, CNC. All right, you got the mel on on CVS. Good work if you took it. Uh, what? There's one more fizzer.
That one's dying. I don't think I think the premiums might have washed already. No. Oh, they double those instantly. So, yeah. So, I did the first double. I want give it a second because once it does its pin, they'll die. Otherwise, if those keep dying, I don't keep going. FTV. Not bad. Nice. Bitcoin's flushing.
Silver's up. Where are spying? Yeah, PayPal. Watch UPS for a delayed continuation, too. Those are the ones. Qualcomm, I did see on the high end. You had AMD. There's NIVA chilling out. Qualcomm trying to ramp. There's a lot of calls on Fizzerve. Yeah, the VIX was like that yesterday. Remember, yesterday was uh one of the worst days or it was one of the best worst days.
So, you had uh the most amount of down names on an all-time high on record. Pretty fascinating. Yeah, some of the premiums like we were talking about if they're not washed or if they're not like if they're kind of holding up it's going to be challenging. Visa is going dubs. You can tell STX did good.
There's a again there's a LRN did bad and then there's a couple Bloom Energy and one more did good. CNC Walmart. Oh, all right. I think we ride, baby. Let me see these. Uh, the visas went down, but you have a bid on those. Okay. Not too bad. Not too bad. Hubby B. Oh, who's the other one? There was one more chip deal.
More fell and then they went down. Planter Expedia. Please hold while we connect your lantern. All right. Good morning. You guys know it's going to be a good day. It's a big day. A big one. There's a lot. Qualcomm. Okay. Goldman and Banks, those will be a part of it. Oracle default swaps jump on concerns of spree.
What the [ __ ] Why oracle credit default swaps are jumping? That doesn't sound like [ __ ] alltime highs. What are you talking about? All right, there's the spa. I just want some washed premium. Some of these are still kind of clapped or not clapped. New core palanter is starting to run up again. You had the Uber stuff yesterday.
Remember Uber and Palanter? I think even Joby Caterpillar is post earnings and Nvidia's coming up. There's CVS and then who's the other one? CNC. Yeah, those are playing out the Met. Again, a lot of the like the front run earnings plays like even if it went in the wrong direction, there's they're coming up.
That was the idea. That's kind of what we talked about here this morning. But now you could apply that to the Fed once we get closer to that. That's a problem. That's why there's good plays, but you also timing. We have a we have a long day ahead of us. So if the premiums are expensive, not won't be there.
Oh, Canada cut rates. Yep. Right there. CLF again. airlines, travel, everything. So, let me see. Right now, Russell's still down, but I think you're uh 691. Yeah, Eco's still in the red right now. So, it's a lot like I mean, think about it. Nvidia is just ripping. Is it perfect? It has to go below the that price though in the morning because those are die.
Those are Think about how far out the money they really are. Yeah, those doubled up and came down pretty quick. Genrack 4. There was some news with Honda and Toyota on the chip things. CMG I got Google Microsoft Meta Chipotle deserve housing data in 15 The Oracle news, the trend Morgan Stanley sees continuing.
Yeah, they might just be trying to sell them, but still very odd. Doesn't I didn't expect to read that this morning. UNP and the railroads going up. Uh, did Boeing pop off that? Nope. Oh, he I thought that was K web. tap on the low. Do they have earnings? I thought we had BUD earnings today and they were go all the staples are selling off but again like you are down on the equal so this is primarily Nvidia even this time like Apple's going up but I don't think Meta and Microsoft Yeah, they're they're lagging.
Speaking of Boeing, uh, Bradley Frizzle in the Oh, no. The peach is here. Oh, I know the world feels it. It don't matter the delay, the timing. The peach is a lot. Oh my goodness. Sup. Are you ready, Bradley? It's a big day, man. It's a good day. We got the Fed. We got Bradley now. Then you get the ering.
Then you got the China stuff tomorrow. Oh man, Peach Nation. God bless this nation. Amen. Amen, brother. Good morning. What was it? I wanted to see something else. Yeah, you guys do get the peach in real time if you think about it. The nonreal time like Yeah, that's that makes sense. That's amazing.
SNDKR, there's this spy. Sucks, bro. I like a lot of these plays. I just want better premiums and then we already have enough to to ride out. Why the [ __ ] are they charging so much? Am Dizzle's qu Oh, yeah. Am Dizzle 52- week high. I don't know. Do I still have that other one? So again, those Nvidia, even the short-term Nvidia are all holding up.
Yeah, that old AMD is up, but it's not up as much. But yeah, still in the game like EA, PayPad, Caterpillar. Damn it, that went 12. So yeah, that was an earnings, but they were already up like I think eight or five, but damn cuz deal I know Annheiser Bush Bud or like the German company not like Bud the US one they reported that could be it but yeah and then also but like Mo all the staples are still getting clapped.
It's a like yesterday for now. I think it's early enough for it to switch and we'll see what POW does. But yeah, this is uh it it was all led by five names. Now you got now you got a couple of the earnings. Qu China coming down. Yang's on the high, but Qualcomm and AMD are going. Nvidia is still near 210.
I think Intel, why is Intel acting like Intel? Yesterday it did not act like Intel. Today he acting like Intel. That's why some of y'all you need to get a lawn term. Okay? Don't revert. Don't drift. Get a lawn term. Stop going back to [ __ ] DraftKings. Poly market is not your friend. [ __ ] saving 10% is your friend.
You understand? You will get a home unless you gamble it away. That's the point. How come you haven't realize this now? Okay. So, yeah, but Intel is doing that, man. You need to Intel. Mhm. Clean your algo. Listen, you don't have to listen to me. Uh, you know, yesterday I I was running a test so everybody could hear.
Uh, I know I I like to inform you. I don't, you know, not trying to do anything in secret, but I It's true though at the same time. So, that's why it was such a good test cuz we got to try something out. But then at the same time, it's very simple. The the truth is the truth. The sword is the sword.
I hope you could say no to things. If not, I mean, you know, you you you'll find your people, but we're not them. That's as simple as that. And I hope you do find your people. Amen. SB. Oh, wow. Those ripped. I didn't Oh, that's just the spread though. [snorts] Uh, the Google put didn't go up. The Microsoft and Metas did.
Planter Qualcomm again. I can't type. Yeah. And then Spies coming back up. This time it's probably Apple and then the broadening out here. Yeah, maybe Google. That's weird. Google's just actually holding. See if Boeing ends up coming back up. CVS is holding. And so now that's going to wash a little bit.
Oh, where's the other one? See, and see 72. Oh, I I don't know, man. I don't know. I'm just, you know, there's a lot of scenarios we're preparing for and I'm, you know, in the most humble way possible, but I don't give a [ __ ] if you hear me humble or not. That's what's kind of tripped up a lot of people unnecessarily.
uh just we're ready for everything and I you know we talked about it last night uh quite simply just you this is history in the making and you know you you I pray that more people could recognize it in the moment then rather than after. So but yeah you should uh you should be ready for a lot of different scenarios.
These are [ __ ] ugly. Is this evening? Oh, I guess, right? It's Thursday, but yeah, that would technically be today. Still early. Fel Ahr. Didn't Eli Lily had some news? Yeah, I mean remember the theme right now is what we were talking about just max 7. So, a lot of the there's a couple names doing good or if they already reported, but in general, even the earnings yesterday, I mean, any followth through is really concentrated in the names that are just the big caps.
Unfortunately, or fortunately, depending on what you played, you have the Oracle, they're saying uh they're saying credit default swaps are running. So like the insurance on the stock is getting worried and it's tied to like inflation overspend fears, which is kind of odd. Well, I mean, not odd, but I think actually it's correct.
But, you know, that's not how everybody was reacting as of late. Rackle. All right. So, couple more fizzers on the high now. So, yeah. That's you had that one moment to double up the premiums and then they just [ __ ] killed it. I'm glad. So, I'm saying I even a lot of these right now I love there's a lot of opportunities here, but I I think the opportunities are are way better than the premium.
Hence how we got here. Oh, new 52 week high. Okay. Yeah. Mhm. Are you telling me Rivian for the long term or what the [ __ ] are you saying? So, I don't know you guys. Yesterday was a nice reminder for your long-term chat. I don't know why y'all playing with me. I don't get it. You're you're free to listen to me, but you don't need to contribute.
I don't know any other way to put it. I think you could benefit off of what I'm saying if you're a trader, but you guys don't get to to talk if it's not you're not involved in the other one. It's very simple because everybody is a pumper. Nobody could be trusted. I don't know why y'all don't believe me.
But then again, like I'm saying, I just some instructions are good. Okay. Oh, these already popped. You have Intel, MPW, and Fizer. What stock should you add? I don't know. It depends. I think TAP is a good one, but right now it seems like you only bought Value. Good thing Intel worked. But yeah, maybe find a big cap or something decent in that nature.
But if you have more than 20% cash, I would be buying almost anything. Uh if you have less than 20% cash, I mean, you got time to think about it. SanDisk. It's all okay. It's a lot of tech, but it's still heavily concentrated in the big ones. There's CBS. None of these will move. Oh, where's Bitcoin?
Yeah, that got washed too, but great cut day. Then Microsoft Marvel had the deal, but it didn't really go. Bank of America raises Nvidia to 275 from 235. Uh VBR, it's still going, man. I think I say you have mult shortterm they all,000%ed 2,000%. The other ones haven't hit there, but those are going to cover earnings.
very big fan. Where is that one? Paul Marll Amazon on the loan now. Amazon's on Thursday. Amazon and Apple tomorrow. Get a grim reaper. So, you weren't here this morning. So, I encourage you to try to catch up. I think DVR was left on today. But yeah, you already had your Grim Reaper. I can't I can't believe it.
Even I got shocked. pending home sales zero versus 4% 74.8 versus 747 previous. So yeah, home sale it's weird. Home prices actually went up in August or the last month of data they had. So yeah, but that just came in flat. Bonds didn't react though. But yeah, there you guys realize you had the Grim Reaper.
You had two of them. It went it was down 58% at one point and we're talking on a you know this companyy's still above $40 billion. So yeah. No. Well, like I was I was saying yesterday, go back to the video while I was playing Battlefield explaining it because you guys kept trying to get me to say it was one thing.
And like I told you, I don't know what it was, but we knew it wasn't going to be small. It was more likely going to be bigger, but it didn't necessarily mean it was going to be a mega cap like a Mag Seven. I I answered that three or four times. So, yeah. But now the condition has been fulfilled. So, that's why if you guys aren't paying attention now, I I hope you don't go chasing a Grim Reaper that already happened.
So, could another one happen? Yes. But, you know, there's a reason why I clearly gave you guys that probability ahead of time because it was it was there. I just didn't know what it was. It was not as easy to to find that one. Nor did I think it would happen that fast. That was my mistake. I thought we would have had at least like a week to materialize or a couple days, but that just hit right away.
Thank you for reminding you. Of course, it will be the last time, brother. I'm banning you next time. So, get with it. If I'm going to make me clarify it and you're there, I unfortunately we're going to have to remove it. I'm sure you could understand. If not, I would uh make a choice as soon as possible.
Align, brother. Align. Why is it the lag, hubby? Marvel's getting clapped. Fig, weren't they getting clapped? Spies coming down is probably going to be your big caps. Check BMR in the other one. I didn't I looked at the calendar, but it's all [ __ ] Everything is just earnings, dude. Lumen, that one went to 10 bucks.
Event calendar. It doesn't seem like I'm having fun. I mean, are you having fun? 7 a.m. Dude, why are you worried about my fun? I do. It's been a blast, man. It's one of one of the best years of my life. It's But it correlates with a lot of complaining, you know? I thought I thought people would be more happy, but they they complained.
I thought more people were going to come with me, but they did. I I threw them life jackets and everything. Nobody Nobody wanted to come. Well, some did, honestly. A very good group of young men and women. Some old. It's okay. It's I think it's about the soul. Do you know that? Oh, I just God, brother.
God. I don't think you guys get it. Or at least you don't. But no, you'll see. It's just the gate is closed, man. I love y'all, but unfortunately the gate is like it's locked shut. I don't know how to describe it. Wait till Felo today. Oh, hey, it's Powell though. Oh. Oh no. Chad, what do we do? All right, hold on.
I didn't even Dude, I forgot about that. push-ups and fileo. I'm down, bro. But yeah, we don't have fileo. It's [ __ ] [ __ ] I guess we could do a early fileo because I have a really good fileo. I think there's a good felo that'll explain so many beautiful things. But you know, we can't force it. That's why you upset.
I mean, I don't know. Just I'm I got a poop. I don't know if that I don't know if that'll change it, but I have noticed that I have like one like So, if I ask the the locked in guys, I don't think they're going to answer with the same thing you just said. So, it might be uh just a reflection, but either way, uh yeah, sure, it could be whatever you want, but I encourage you to get a launcher, save 10%.
And recognize history when you're right in the middle of it. I did not get to finish it. No, I'm watching the I started it yesterday. I started the that Netflix movie everyone's getting mad about the one with the [ __ ] rockets, but yeah, I haven't finished it. Save 10. Hold long. All right. Yeah, man.
The gate is locked. Oh, no. It's It's even better. Wait till you hear the fo today. So, yeah. Maybe though maybe we could push Powell. I don't even care. Powell's about to lose his job. Uh Don't do it. Don't do what? What do you mean? soon to be employed pal. Isn't that crazy? I guess the job market is tough.
Yeah, man. He's about to lose his job, too. Well, yeah, man. I dude if if you have been falling behind all I could uh all I could encourage you man is that the we we started a countdown about a month ago and today there's another part of it. So, I would do your best to to stay locked in and understanding kind of uh where we're at with the economy and even just at the very least getting ready for next year because if you really think about it, that's kind of how we killed it this year.
You know, a lot of the China plays we're buying around this time. So, if you have a good idea of what's going to happen here and are able to stay focused, I I think it's going to be be good. But yeah, otherwise though, like I'm saying, it might be easy to it's going to be easy to fall behind. And I I I I pray for recognition and I've told a lot of people this cuz like Yeah, just you wouldn't you want to know if you're in the middle of history like kind of like in April, right?
But yeah, you want to know when you're in the middle of it? Not you don't because otherwise you're going to look back and be like, "Oh, wow. We were it past. So, be be wise, brethren. Be wise. Uh find a way to work it into your schedule or make the most of your listening. But it will be be difficult.
You know, I don't think forgive me for ever making it seem like it was easy. Yeah. And there's a lot there's a couple things for the end of the year. So, you as long as you could juggle a couple and be ready in all scenarios, you're you're going to be fine. But then again, like it it's just I've seen a lot of people fall behind in a way where it's it's kind of easy to miss it, but it's also like right in front of everyone.
Tiggo, isn't that that one? Is that the Argentinian one? Oh, that's t to Yes. Thank you. All right. I have these. Why did you put that in the chat? I have these longterm I have these longterm dreams, you guys. It's a long day, man. So, be ready cuz if we start uh if we start doing this, [snorts] then you know it's going to be a Tell me why.
I don't want to get it stuck in your head this early, bro. We have a long long day ahead. And so Danielle, I'm just letting I'm not banning you cuz like you just sound like an idiot. So I want everybody to see it. Okay. But God bless you. It's whatever you think it is. It's happening. That's the beauty of reality or I guess perception.
Oh yeah, Chad. When you guys are done, you tell me and I'll I'll I'll get it out of your way. But the other chat is very It's a much different conversation. It's I don't even know if those panthers are still up. So, we'll see. Attack New York Qatar minister with ceasefire violation. Oh [ __ ] we have those, dog.
They're up. I have these long-term dreams where I don't trade a thing. Thinking of power in bed. [screaming] You say it's risk management, but it's [ __ ] cuz you cut rates before elections. It's not bad. Not bad. I don't know if the video is going to do good, but we we had a nice play on it yesterday, so we'll be there.
I'm not upset at you. I think you're cute. I got more upset at the lockedin guy Tyler for asking me the same [ __ ] thing because he's smart and I want to see him do better. That was more bothering then. Let me here let me read it for him then. Uh you made so much money you got uptight makes me not want to make more money.
That which one do you do you really think that's bothering versus like I'm saying I need homeboy. I I more I care more about the guys who are on their way to doing good. So, I've said that to everybody. I don't think it's not I think it's pretty blunt. You know what I'm saying? Broadcom. Broadcom. You just got to be careful because it moves slow.
Like that's why that one I like it, dude. And it's going to have one, too. But I don't I don't know if that already happened though. But yeah, if it does get juicy, Broadcom looks nice. Oh, you think I'm [ __ ] Look, dude. Locked in. Check this out. No, you think I'm [ __ ] with you? Look. Look. Now you This is a real It's not real probably, though.
It's either the bot influence or it's I don't know what it is. But yeah, though, that's a real comment. That's why I say I'm leaving it for the other guys so you guys could see. And then the other guy, there's already other Chads are like, "Man, stop." It's good. We've cleared out a lot where I think there's more Chads now who are just like, "Yo, just shut the [ __ ] up.
Why are you trying to make this harder?" No. So, yeah, bro. Yeah. All right. Let me go pee. I might poop. I think I need a poop. What's up, legal? What up, uncle? Thinking of rate cuts again. Jesus. Praise God. Amen. Amen. It's a call, baby. Hey. Yeah. If we talking plays. Yeah. I'm in there like swim where I've been there.
I've done this [ __ ] for 10 years. You could have it all, but you've been scared. Big scare. Funny breath. There wasn't even risk there. My thoughts belong. Yeah, I've been clear. No fear. Oh dear. Who you trying to control here? My god is the weapon. I ain't boasting. Nah, it's done. Daddy said it's finished.
Made me in his image, but that always made me timid. Wonder why we different. Don't you ever get it twisted. It's the only way we get it. Set apart from the start. And the hard isn't ours. It's a hippie with the love, but it's David with the S. I want peace. So that means you going to kill me if it's war.
Checks. Can't beat on the arc. Want it easy or hard? Want a genie or a god? Then believe me, little bra. You a child. You a son of the highest and above. Don't deny it. We don't like it when they tell us who we are. I can tell you who I was. I can tell you who we is. I can make another song that's telling y'all about the CR for a second.
Keep it real. It's not the reason they will kill. It's the freedom and believing they want death to bring the wind to but I rather have it now and I ain't never backing down. Lying going to eat me or turn his ass around. Either way, I will remain up in his name and say a prayer. He had to say it now.
Jesus. I put Jesus on the beat so I could listen to it. I got reason [music and singing] to believe that we living in it. You could say it's one hell of a decision in it. Hey, if we talking plays, yeah, I'm in there like swimware. I've been there. I've done this [ __ ] for 10 years. You could have it all, but you've been scared.
Big scare. Funny part, there wasn't even risk there. My thoughts been my own. Yeah, I've been clear. No fear. Oh dear. Who you trying to control here? My God is the weapon. I ain't boasting. Amen. Jesus. I thought I left it unmuted. Oh yeah, bro. I'm gonna need to I didn't have enough time to poop on that one, but I think I'm gonna have to [ __ ] everywhere, dude.
So, I don't know who needs to hear that, but that's good. That song's on Soundcloud just for you. Just for you. Good morning. I I have a [ __ ] juice world stuck in my head now. All because of one comment. Thinking of Okay, stop it. All right. Patience, my brethren. Patience. And then remember, keep in mind what we're saying with the premiums if they get washed or not ahead of the event.
Yeah, dude. Those palants. I don't even know where the Uber's at. But the pants good. Those are Dude, yesterday was just that was funny, Mr. [ __ ] Jensen. That was really a pumpfest cuz again all that there's all these random ass plays all from that. But then again, they [ __ ] on the what's it called?
Oh wait, is that up? They [ __ ] on the quantum. Thinking of rate cuts in bed. Oh, did yo, y'all heard about Kagra? I just saw it. I Yeah, just wanted to remind you. Save 10, baby. Save 10. It's a good time. It's a good time to save 10 all the time. Any crazy dream? Yeah, I can't tell you though. I'm not I'm not allowed to tell you guys.
I want to just the probabilities, dog. Alo's ripping. Do we have anything? I saw constellation earlier. Then you had the bloom energy shed. But yeah, bro. I already had a [ __ ] They're like, "Yo, I figured out the black swan. I'm not adding to my longterm next month." I'm like, "You [ __ ] That's not This is I think I specifically told you that's not how it's going to work." I said, "Exactly.
Do not [ __ ] do that." So, yeah. But it is what it is. So, no, I don't I think we're going to have to scrap the plan for Dream Alerts. Yeah, I don't know what it is, bro. NE all the nuclear I mean you might get something whether it's South Korea or uh anything with the um with that stuff yesterday Yeah, silver is up.
I don't know. It might be up more now. It's up three in the morning. It's still the morning. We've only actually been here for an hour. Holy [ __ ] Well, that's good. That's good. No way it's been an hour, though. They're not moving. The premiums are going up for crying out loud. So, actually, there's a couple still in play.
But yeah, bro. A lot of the plays even from I think even the I own Q's and [ __ ] are holding up. Was it my was it sister? No, no, no, no. Just Twitter. Twitter. I got email yesterday was funny, bro. You remember? Tell me why somebody emailed me a damn Discord. It's like one thing to get the damn block.
You know what I'm saying? That was the intention. That was the purpose. But to like actually like I'm like, man, that is so far off from like Yeah. Just the ground. You got to be on the ground. That was just out there. Wix partners with PayPal. Yeah, look I own Q, bro. Even all these I don't know why these are up.
You are going against Nvidia. What the [ __ ] is this? I saw this one in the morning, actually. Yeah, that was different. Do it over again. Move All right, those futu still going. Path did wake up finally. I got worked yesterday. Where's Nokia? Yeah, they're all kind of coming back. So look at the Russell and I bet you the equal weight's up right now cuz I was different again.
We started off same theme as yesterday. No, actually. So yeah, the equal weight's not up. It's the Russell cuz did you guys know the [ __ ] I own Q and [ __ ] like the Russell there's a lot of trash in it. Uh but yeah, so equal weight is not up. So I'm sure you still have the same setup. Let me get you a checkup.
You're at 6911. So, 11 green on down, 19 in the red, 37 green, 64 in the red, and then 160 green, 340 in the red. So, it's like yesterday, bro. You don't have that many names in the green, but NASDAQ's up over half a percent. So even then like you're watching a couple things melt up but then you're literally right back at opener.
I came up na chill. Uh Tesla's coming down a little bit. Caterp. That's a big one, dude. 12% on Caterpillar is not small. Wait, was that this morning? Oh, biomarin padua. Oh, it did come up. Was there DVR? I thought it turned it off. It should have been on for a little bit. No, you're good. Yeah. Well, thank you.
I told you, you know, you could this guy. You said thank you and you could ask one of the I was it B I think B or BG he said thank you to me this morning and I told him just what I've told everybody man I hope that remember today's a Powell day I don't know if you guys are aware of that but yeah you should uh just the best way you're going to thank me is being ready in history I don't know how to describe it other than that otherwise I don't you know there's there's like u there it could be ineffective.
So which is a real possibility. So make sure you get a long-term make sure you save 10%. And you know when you you're going to get pockets these next couple months are going to be pivotal. But even then today is a Fed day. It's actually going to be one of the last times you're going to hear Powell. You guys don't think that's sad?
I think it's sad but then I'm like I'm quick I quickly got over it. So, I don't want to I can't fake it too much, but yeah, it is. I mean, we've we've given Powell eight years, you know, that you've listened to Powell for eight years, bro. So, yeah, you got to think about it. That's a lot. Lot lot lot of time, man.
Six more meetings. 23 weeks until May. Yeah. I guess not too bad. You got decent amount. sixes a lot, but I feel like his uh his power is getting neutered. He's still the fed chair and all, but you know, little by little, I think uh as we get closer to the replacement, like February, I think I think February is the last one.
So, but yeah, just it's going to be little less and less and less. No, I don't know if Adobe had earnings. They just had the Google partnership stuff yesterday. I don't think we cut 50 basis points today. [clears throat] you're going to get a disscent for it, but the uh the real issue is uh or not the real issue, but in reality, I would argue today is a 50 basis point cut if they end quantitative tightening, which I think they are.
Was that Department of Energy oil? Whoa. minus 6.5 million barrels. Estimate was a gain of 1.2 R. Yeah, it's a big draw. I'll leave that to the energy guys. A good long-term for a beginner. Well, do you have the account set up? You got to set up the account, save the 10%, start moving it there, and like you got to every name you're going to buy should be something you know about.
You know, right now I, you know, that actually reminds me uh that I think the big mistake a lot of people are going to make right now is the uh the fact that there's so many of like so much of the next best thing right now, if that makes any sense. Like there's just there's so many like h I quantum this that there's so many of these ideas and that's where a lot of people are going to trip up because I'll tell you the next best thing you already know about it.
You don't need to in you don't need to you know Warren Buffett never really found the next best thing. He kind of was just investing in things that were already good. So yeah go with names that you know to start. Uh, and that I like value. I don't, you know, the rules we've been going with stuff that is not up on the 12 months.
And that may sound weird to you, but believe it or not, you guys, there are companies that are down in 2025. I think there's quality ones. Lily to boost oral medicine manufacturing capacity in the United States. thinking of I open the door to a pause. They might uh but it's still all of it's weird uh that it's all going to depend on how they talk about the risk management.
That's what they said last time. Remember they cut before an election and then you got the cut last time a month ago and then now that they said there was a reason for that uh to manage risk. So there's a couple ways it could play out. I mean, I'm sure they're going to communicate or Pal is going to keep his optionality, but you know, the path for the end of the year, like that's why it's whether QT another cut or another, I think it's all all there.
A 50 basis point might be a little scary in a weird way. Even though, but then again, Trump and the other guys want it. So, yeah, going by dividends a good strategy. No, man. Uh, so I answered you some of your question there. I don't know where the [ __ ] you came up with that. Uh, like it's I'm telling you, man, the long term is one of the simplest things.
You know, you don't need to fall for the Wall Street [ __ ] You don't need to focus on it too much. You're going to get dividends and you should think about it, but like I'm saying, just do you know what Kors Light is? Have you ever heard of something called Coors Light or Blue Moon? I'd hate to encourage drinking, but you know, that is the reality of of what we one of the latest pickups, but like yeah, this 300 bucks a month, dude.
You grow it little by little, but you start with stuff that you know. I mean, Pepsi was another one this year. You know about Pepsi? Have you ever heard of something called Pepsi? Maybe you've heard of Kagra, but Pepsi is one. That's a that I don't I don't know. Pepsi might be down. Mhm. But yeah, this is all you could have very nice gains off of uh just, you know, you don't need to look at technicals.
You don't need to follow any weird strategy. Yeah. Have you heard of Ozmpic? Ompic. Yeah, that's down on the year. Have you heard of a washer and dryer? Whirlpool. So, yeah, there's a lot of these different names. Uh where is that website? I would say most people haven't heard of sweet greens though.
That's the funny part. Target. Yeah, that's a good one. Or UPS, but UPS already moved. I This is what I've been trying to tell everybody. Understanding the long term will make you an excellent trader. You don't get it cuz I think about it. even with the long term simple answers, simple questions, but if you're, you know, if you're [ __ ] taking the scenic route, that's that that'll hurt you in trading as well too, you know?
So, I would just try to get straight to the point with it and focus on, like I'm saying, what you already know, stuff you're a customer of. That that'll take you a long way. Yeah. I don't know why Adobe is down, though. Those Nvidia premiums are still [ __ ] juice, man. Even if they're far out the money.
Intel was the great one, but that one already went because that's what I was saying. I wouldn't uh I wouldn't go with names that are up on the here. So, I don't know. A good thing you should do if you go to this channel. I think this especially if like I'm going to be an [ __ ] and you're or you know you're not going to if I don't speak to you nice enough, you're going to make yourself not make money.
I don't It's odd. But what you could do is go to the post tab of this channel before I delete them all. And then uh you could just see what I've done and that way just go back and you could see how we've rebuilt it and you could kind of see what we were buying at the time cuz I've posted them all here and you could kind of go in a real time view like look at by 11 months ago.
Have you heard of that one? Uh, you know, there's a lot of them. Even Humanana again that I think that's around the same price or a little lower. There's that the washer and dryer. Yeah. So, you could go and see Nike uh and you could get a better idea of of what we're doing and how and then try to apply it and then where is it?
Thinking um go to slick charts. Oh, this is gonna crash my computer. I could already feel it. I don't want your [ __ ] stock to buy. So, go to year-to- date return on S&P. Then click component and then just [ __ ] scroll to the bottom and start here. Go with names that you know about that'll be around for 10 years.
10 years minimum. And then you start from there. Like Deckers, you know, a lot of their brands actually. Lululemon. I like Nike instead, but that's another one. Constellation. Damn. Constellation is doing worse than Tap. So, yeah. But that's kind of like the beer stuff again. Kagra. Uh, yes. Ken View.
If you like Tylenol, Chipotle. I love Chipotle, actually. That's a good one that most people know about. That could still go down more, but still. All of these can. But yeah, this is a great way to start. And like I'm saying, um, if you could go you could go back and see what we did in our long term that that all on the YouTube that that led to 40%.
You know, go even look at a 12 24 months of my YouTube posts. I mean, that that's a great setup to, you know, even though you may have missed the opportunity, you could look back and see exactly where the train of thought was and the balance and the positioning size, all of that. And like I'm saying, it it did very well.
But I just gave you the quick rundown, but anything outside of that, you might you might miss it. So, you know, don't look for the yield. Don't look for certain things. It I wouldn't overthink it, man. It's been simple and it it took us home. Thinking of longterm in bed. That's slick charts. So that we've showed that you guys for like 24 months.
[snorts] This is kind of what I've been trying to highlight, man, over and over again. Not the long term, but that my brother, the answers are there. I hope uh but like I'm saying man, I I hope that maybe missing the opportunity, the only benefit is that just go back and look and you can learn from it and see.
But you know, you do you do want to stay up to date with it. It's okay. You guys all did that. Both chats, you guys are tripping on you know you know it, man. You know it. Mhm. seek any more fun. Actually, let my let me have my uncle explain it to you. My uncle could explain all of this very well. It even ties into the trading.
I never thought about that. So, see, I might have to go take a [ __ ] I already I gave you guidance on my [ __ ] already, so shouldn't come by surprise. [clears throat] Hey man, it's a cop, baby. 2020. God bless y'all. Yeah, they say I'm different. I [ __ ] with some change. Thousand% is a regular day.
Thousand that hate me some regular sh spitting that knowledge from back in the day. I know I'm making some type of way. Give me my money. Get out of my way. You see that I'm done with [singing] the game. SP my mad and I broke out the chain. They say I'm different. I [ __ ] with some chain. That's a percent is a regular day.
Doesn't that hate me some regular shade spitting that knowledge from back in the day? I know I'm making some type of way. Sket get out of my way. You see that I'm done with the game. Picked up my M and I broke her the chain. They lifted me up. I'm holding the dam. Pass it around. Started with nothing but went for the land.
They said I'm crazy but that was the plan. Mama, she raised me one hell of a man. And she said, "Don't get it if you won't get back." I going to ask you what you do with dad. I know we smiling when he looking down. They think I'm crazy, but I think they boring. Remember the days that I couldn't afford it.
So I got some dollars, I had to go flaunt it. No wonder I lost it, but I kept on seeking it. I kept on [singing] calling. So now when I'm meeting, I'm no longer starving. I shoot like I'm harding, but pass it like Stockton. Got money like Wall Street, but loving like hey, you can keep your head all great.
I chilling. I ain't hoping in the RA. I say made a play on [music and singing] the building. I can play with your feelings. Throw 100 in your face. Everything six digits turn a five to a 50 but I ain't a magician but you saw it on the net now talking my positions like the video was hitting the quad car switch made a thousand off a play watching Facebook is like I'm different I f% is a regular day that hate me some regular [ __ ] that knowledge from back in the day I know I'm make some type of way give me my money get out of my way you see that I'm done with the game spit my m and I broke out of chains they say I'm different I always chase a percentage of regular [music and singing] day that hate me some regular Cliche spitting that knowledge from back in the day.
I know I'm making them fit some type of way. Skiming my money, get out of my way. You see that I'm done with [singing] the game. Spit them my man and I broke all the chains. 60 for grow 40 for slow. Stepping in the mo Spotify. I think they go higher and higher. So I'm buying slow. I don't like for years below F.
Got me beyond cuz it didn't taste. I bought into Disney cuz Frozen was dope. It's really that simple. I've done this before. I kept it simple so they thought it's stupid. But I rather do that cuz nothing feel more clueless. They wasting their time trying to decide while I do it. But do what you do. My talking is fluent.
You talking is stupid. I'm teaching some game. But your attitude through it. They judging like Judy. [singing] They rate me like booties. They traed like movies but paying to do it. Stay up in your lane. I'm trying. Don't make me get your case. My name [ __ ] I can buy this [ __ ] for [music and singing] change.
Watch it change to a million. You ain't got to see my face cuz the plays made millions. I ain't do this in a day but I wasn't that patient. Started with a long turn. Hit a play I take. Every time I bet it all confident the market take it. Then I play the spot on my own. And then I started packing. [gasps] Come baby, God bless y'all.
Makes sense, right? I think I think it makes sense. It's a good one. That was I think five six years ago. So it has a little bit in there. And if you did take it, you know, it was there. It would it would have worked very well some of those, all of them, even with the losses. So yeah, keep it simple, baby.
Keep it simple. Your life will change. All you have to do is follow the simple steps. That's what I like. Yeah, you're coming down. I'm waiting, bro. I I you know, I have all I did was take profits today. Actually, no. I made one play. I made one play. Yeah, I just keep farting. I can't, Dude. I'm very gassy.
I don't know why. I don't need to poop. I just need to fart everywhere. I'm surprised you guys aren't hearing this. Chipotle is running. That has earnings after the bow. All right. So, spies into the low. I don't know if this will give us uh you know the good one. Everything is still Russell even got hit with it.
But it's a Apple and Max 7 holding you up. Did you hear that? If you heard it, that was a funny one cuz it sounded like a sound effect. Oh man, I don't know how good my mic is, but Boeing CEO Oh, wait. Are they having their conference call now? Cuz Boeing is during the day. Oh yeah, it went. No, it sounded like a whoop.
It sounded like I sat on a whoopy cushion. That's what it's called, right? Broadcom 252 week high. That's a breakout pizza man crowd. Oh, that was from yesterday. Uh, why did sweet greens get a fat candle? Eon, that's the other one. They hit the I don't know. Yeah, it just had volume coming in. I don't think they have earnings soon.
Okay, Nvidia. See if that comes down. I mean, I don't know if it'll go below 200, but I'm sure people will trip if it does. Other than that, my friends, you're chilling. Actually, let me see. I'm gonna play you guys some Reagan. Where's Mr. Reagan? Dear Mr. C, tell me where you been. Cuz I've been longterm.
I've been holding. I've been wondering where you at. Or or do you guys do you guys want to watch Donald Trump from 1992? No. Let's get Reagan cuz Reagan I don't know. I think Reagan kind of is cool cuz you get to see both sides of the tariff debate from [ __ ] 40 years ago. So you get way less like you get to see how people viewed it.
And now I think the part people misrepresent is the economic time frame and like you know it was just a completely different America and different economy. But yeah like you could see that it's a lot of the same conversation you hear today. There is nothing new under the sun, brethren. I got I'm just gonna go with the momentum of these farts, bro.
I got This is This is bad. Oh, man. Where's Young Reagan? It's weird. All of the They're only like five minutes long. Let's see. I want to Where do we leave off? He says, "Miss me, dude, that there's a there's a cl there's a video of all of his like funny clips. International trade in the deficit. All right, I'll be right back.
Chipotle. I'm back at My fellow Americans, it's been a busy week here in Washington with the issue of international trade on the front burner. Legislation that would erect a new trade barrier were voted on with the House of Representatives. And here at the White House, I discussed trade issues at length with Prime Minister Nakason of Japan, one of America's most important trading partners.
These developments are important to all of us because one of the gravest threats to economic expansion and American jobs is protectionist legislation that sets up trade barriers and higher tariffs. By sparking retaliation from foreign governments, this approach ultimately ignites a trade war, shuts down foreign markets, and stymies economic growth at home.
Unfortunately, the House of Representatives decided to go down that track. But there's a positive twist to the vote. You see, in an encouraging bipartisan showing, a good many Democrats joined with Republicans in opposition to an especially bad amendment. This week's vote in the House indicates we have a strong hand in keeping bad proposals like this from gaining final passage in Congress.
Believe me, I would like to sign trade legislation, but I will not sign bills that close down markets and shut off expanded job opportunities. Now, with regard to my discussions on the trade issue with Prime Minister Nakason, the news was more positive. I've already stressed that we're against protectionism and in favor of free trade.
But there's another side to this. Free trade is also fair trade, and that means not permitting other nations to take advantage of our trade policies by erecting barriers of their own. Now, I recently ordered increased duties on certain Japanese products coming into this country in response to Japan's inability to enforce our agreement on semiconductor trade.
This action and our entire trading relationship with Japan was one of the issues Prime Minister Nakason and I discussed at length. We are of one mind about avoiding protectionist steps on either side of the Pacific. I made it clear that I hope our ongoing review of data related to the semiconductor agreement will provide evidence of compliance and allow us to remove the recently imposed restrictions on Japanese products as soon as possible.
The prime minister reiterated his own government's commitment to honoring our trade agreements and working together for free trade in the Pacific and throughout the world. Prime Minister Nakasoni also agreed to measures to stimulate the Japanese economy, which should increase demand for US products in Japan.
Let me turn now to another issue on the docket this week, one that's related to trade. The budget and excessive spending. Our trade deficit reflects the fact that this nation is spending more than its income. And a key to solving this problem is to get deficit spending by the federal government under control.
Two years ago, we took a major step in this direction when the Congress agreed to a bill called Graham Rdman Hollings that gradually reduces deficit spending and eventually leads to a balanced budget. But unlike the trade issue, the developments this week on this front were not encouraging. The Senate, for example, adopted certain procedures that make it far easier to exceed the Graham RDM hauling spending targets, targets they agreed to just 17 months ago.
Maybe your reaction is the same as mine. Here we go again. Congress just keeps passing higher and higher spending bills all the time, ignoring its promises to the American people under Graham Rdman Hollings. A promise to stop enacting a hodgepodge of excessive spending bills and come up instead with a comprehensive budget that keeps deficit spending under control.
As I've been saying right along, the problem is the congressional budget process itself. Congress just refuses to exercise any budget discipline. That's why it's essential that the president be given the power to step in and cut out the waste. I need what the governors of 43 states used to accomp used, I should say, to accomplish this, the line item veto, a way of reaching into these massive congressional spending bills and cutting out the wasteful items.
And of course, Congress is also showing that we really need a constitutional amendment that would mandate a balanced budget. If Congress can't discipline itself, then the American people must say no. Believe me, the events of this week show again how important both these initiatives are. So, that's the news on this week.
Let me just take a moment now to look forward to next week and another important issue on our domestic agenda, illegal drug use. We'll be announcing a White House conference for a drug-free America. It's going to give us a chance to look at the progress we've already made in this crusade and then map out a plan for the future.
And that's good news. Until next week, thanks for listening. God bless you. Cut. How come? Just one second. One second. Right. You are right. Thank you. My fellow Americans, I've talked to you on a number of occasions about the economic problems and opportunities our nation faces. But as you've probably heard on news reports, America's problems are not unique.
Other nations face very severe economic difficulties. In fact, both developed and developing countries alike have been in the grip of the longest worldwide recession in post-war history. And that's bad news for all of us. When other countries don't grow, they buy less from us and we see fewer jobs created at home.
When we don't grow, we buy less from them, which weakens their economies and of course their ability to buy from us. It's a vicious cycle toilet. But you can understand the danger of worldwide recession when you realize how much is at stake. Exports account for over 5 million jobs in the United States.
Two out of every five acres planted by American farmers produce crops for exports. But because of their recessions, other countries are buying fewer American farm products than last year. Our farmers are hurting and they're just one group. So we're trying to turn this situation around. We're reminding the world that yes, we all have serious problems, but our economic system based on individual freedom, private initiative, and free trade has produced more human progress than any other in history.
It's in all our interest to preserve it, protect it, and strengthen it. We're reminding our trading partners that preserving individual freedom, and restoring prosperity also requires free and fair trade in the marketplace. The United States took the lead after World War II in creating an international trading and financial system that limited government's ability to disrupt free trade across borders.
We did this because history had taught us an important lesson. Free trade serves the cause of economic progress and it serves the cause of world peace. When governments get too involved in trade, economic costs increase and political disputes multiply. Peace is threatened. In the 1930s, the world experienced an ugly spectre.
Protectionism and trade wars and eventually real wars and unprecedented suffering and loss of life. There are some who seem to believe that we should run up the American flag in defense of our markets. They would embrace protectionism again and insulate our markets from world competition. But the last time the United States tried that, there was enormous economic distress in the world.
World trade fell by 60%. And young Americans soon followed the American flag into World War II. I'm old enough and hopefully wise enough not to forget the lessons of those unhappy years. The world must never live through such a nightmare again. We're in the same boat with our trading partners. If one partner shoots a hole in the boat, does it make sense for the other one to shoot another hole in the boat?
Some say yes and call that getting tough. Well, [snorts] I call it stupid. We shouldn't be shooting holes. We should be working together to plug them up. We must strengthen the boat of free markets and fair trade so it can lead the world to economic recovery and greater political stability. And here's how we're working to do that.
We insist on sound domestic policies at home that bring down inflation. And we look to others for no less in their own economies. The International Monetary Fund, the institution that deals with world financial issues, seeks to encourage its member countries to follow sound domestic policies and avoid government restrictions on international trade and investment to foster economic development and raise their people's standard of living.
We remind other countries that as the US helps to lead the world out of this recession, they will benefit as we buy more goods from them. This will enable them to grow and buy more goods from us and that will mean more jobs all around. That is the way of free markets and free trade. We must resist protectionism because it can only lead to fewer jobs for them and fewer jobs for us.
In just 4 days, the trade ministers of virtually all the free world countries will meet in Geneva, Switzerland. They will seek ways to surmount challenges to the integrity of our international economic system. We were instrumental in convening this international meeting because we believe strongly that our trading system is at a crossroads.
Either free world countries go forward and sustain the drive toward more open markets or they risk sliding back toward the mistakes of the 1930s and succumbing to the evils of more and more government intervention. And this is really no choice at all. The United States will reject protectionist and defeist proposals.
Instead, we will set new goals and lay out a program for limiting government intervention in world markets. We will lead with a clear sense of our own commercial interests and a quiet determination to defend these interests. We will take actions at home and abroad which enhance the ability of the United States industries to compete in international trade.
Let no one misunderstand us. We're generous and far-sighted in our goals, and we intend to use our full power to achieve these goals. We seek to plug the holes in the boat of free markets and free trade and get it moving again in the direction of prosperity. And no one should mistake our determination to use our full power and influence to prevent others from destroying the boat and sinking us all.
That's how the United States is working in the world on behalf of freedom, economic prosperity, and peace. I'll be back again next week. Thanks for listening. God bless you. My fellow Americans, this week as we prepared for Thanksgiving, Canada held an important election and I'm pleased to again send my congratulations to Prime Minister Money.
One of the important issues in the Canadian election was trade. Oh man. So, I got a little bit, bro. But yeah, there's more fart than poop, but man, that's I think that's all I needed. I'm still I dude my I think my energy is tied to my poop. I never really realized it, but that's good. So, yeah. I think some of y'all picked up on it.
No, [ __ ] Well, that one [ __ ] was just an idiot, but but I think y'all get crazy when I go to the bathroom. So, other than that though, I think we good, man. I think we good. So, I just I hope y'all stay stay in the game, man. I hope y'all stay in the game, man. I got I got me like a little lemon cayenne water, too, bro.
That's going to probably make me [ __ ] again. So, that's good. But other than that, man, we did not do anything. A couple names moved. I think Google did and then Nvidia did chill out, but it's pretty much the same setup as a couple of small caps got a bid, so not too bad. Let me double check. Oh man, we just got to burn some time, dude.
Cuz again, as we get closer to the event, I you know, I gave you a couple setups to watch out for. Oh, they already popped that. Rip being me and long term off the rip. That's the stock that put me in this [ __ ] If you don't save, it should be 10%. No, not there, bro. I'm telling you, that was way too much farting and like I didn't even poop that much, bro.
That's why I'm pissed cuz now I'm Yeah, I think I do need some fiber, dog. Yeah, thanks. Did I ever tell you that story where my mom like she used to my mom was big on fiber? You know, she's like big on healthy food and then she was like she would like make us food with fiber, right? And then Yeah, bro.
It was just it was terrible because every time we'd eat it, it would just turn into like a shitfest. It was bad, bro. So, I kind of have PTSD from fiber. I'm not gonna lie to you cuz like any Yeah, man. It's not No, it wasn't mirrorax. She just knew what had fiber in it and I don't know what the [ __ ] she was doing with it, but it was bad.
The lemon option chain is out of whack. Can I explain? Yeah, you're not supposed to talk about options in here. You are banned. Thank you for the explanation. Next question. Uh, but yeah, man. So, I'm I go back to the other videos on options that still exist and then everything uh after that you you could join the locked in or I just keep it to yourself, man.
Unfortunately, uh we have way too much data now and I think you guys have seen it. Uh you know, just everyone's pumping. I think you're pumping place. That's all it is. CMG was up a lot. All right. Well, Nvidia is coming. That's going to bring down the SPY, but you actually are kind of broading out a little bit.
That would be a negative for the market and not really unless Powell wants to surprise, but I should have a little bit of a preview for you. But I'm going to really be paying attention to the quantitative tightening, you know, that announcement and whether or not that ends or not. I think that's going to be important.
Uh, symbiotic little pop. I don't think that's for it was already up for Qatar prime minister trying to engage Iran. Yeah, but a couple of things ramp right there. Even the spies coming up, but like ARC, XBI, any of the long duration, the premiums never went down and then they're all kind of catching a bid here.
So, it's not too bad. boop. Uh yeah, SYM still going. That's pretty big. I don't know, a dollar. So that's like two and a half% right now. The pineapples. Damn. The pineapples got I guess it's a fruit. Fruit got fiber. A couple do. Look at the high ticker. You're actually getting a little bit of bid.
I think the spy had to take a [ __ ] too, dog. Man, that's amazing. Me and the spy are linked up. We have the same bowel movement schedule. A lump sum of money, all-time highs. How would you advise? You know the answer. Come on. or you just want to talk about having a lump sum of money. But go to the go to the names that are down and little by little guys little by little headline.
Remember the calls going on usually they say stuff that gets it moving little by little. Baby longterm what's your gain? I'm 10%. I'mma buy you a stock. I don't even know where that one came from. You don't mean Do I eat beans? No. But I found out what reffried beans were the other day. I always knew what they were, but like I never really knew what they were.
Like what was the difference? But I got to learn that. That was pretty cool. I think it's cool, bro. Me and the spy linked up. That's dope. No, for Well, yeah. Okay. Call it what you want. I mean, you saw it. [ __ ] Literally. All right. Hold on. I like this. I don't like momentum, though. I can't do that.
Do I eat pork? Are you asking me that because you are asking about my diet or you think I'm Muslim and also don't celebrate Thanksgiving? I can't wait. You guys know that we got about you got about one month till you're going to get a hundred of those questions. So Josh, you celebrate Thanksgiving? Yes.
I'm American. What the [ __ ] But yeah, I will be. I celebrate Thanksgiving, you guys. I don't know if you knew that, but I do know I eat pork from time to time. Mhm. Yeah, man. I like a couple of these plays. Some of them already moved, though. But otherwise, I'm going to just wait till the premiums get low.
I'mma buy you a lot of time. I'm a long time with me shorty. What you think about that 10% in it by back? I'mma buy you. I just made another play free. I'd like the PayPal news. I I like PayPal in general, but I would like it more for the short term cuz this was around the It always [ __ ] does this where it just rips up and then comes right back down.
Oh [ __ ] my E trade's tweaking, you guys. You see this? Yo, dude. Yeah, my E Trade is tweaking. Hold on. My me and my computer are going to crash at one point. I already know it. I think it was that slick charts and then oil still going up. I guess my computer seemed my computer everybody need a [ __ ] today.
Oh man. All right, come on, man. Give us some memory. Even then, the spider, it still was moving fine, but it looked kind of slow. They got GM headlines as well, but I didn't think they matter as much. Shy, what you think about that? I mean, it might be choppy until Powell. I am looking for some premiums to go down.
You know, we talked about it here in the morning, but we got to wait. One of them was decent. Yeah, Nvidia and PayPal. But I don't know. PayPal likes to I'm glad it went with OpenAI, but you know, people talk [ __ ] on PayPal. It's not necessarily the new guy in town, but then it's crazy what it did during 2020.
Well, yeah. Today's a huge day, man. You woke up with Trump in South Korea, then we're going to get Trump tonight. Then you have the [ __ ] big earnings, then Jerome Powell, and then it's the end of the month, the start of the literal beginning of the Santa rally. So yeah, man, you have everything there.
GM, did it actually move on those headlines? No way. I didn't think it would. adjustic EV repl. Remember last time I posted it and I thought it was good and then you guys were like, "Yeah, that shit's outdated." I'm like, "What? I just bought it." The [ __ ] How? How is it out? [ __ ] you, Nvidia. Cuz that's clearly what's happening.
Shotty, what you think about that? A couple of the China plays going up too. [snorts] Well, welcome Mr. French. And then Futu, that's part of the China Flutter. I mean, again, a lot of the gambling stocks been getting clapped with all the news, but that's actually moving up. See where the staples are at.
Remember, those are all down. Yeah, those all got clobbered. Oh, we do have a long-term deposit on the way, chat. Isn't that exciting? It's literally November. I dude I know the first the name I think that was trade deficits. Just go to the Reagan library. So yeah, I I like it, man. And I, you know, I hope you don't misrepresent the videos and like use them for weird political purposes because as I've shown you guys, like I want you to listen to it and I want you to understand history uh and understand the different time frames.
But, you know, it'll serve you if you view it very objectively and neutrally. But if you're going to view it as a political prick, you're going to get clapped or you're just a crackhead. Either or. But yeah. Mhm. in my long turn Cadillac. That's what we He's talking about the song. Sadly, I know exactly what he's saying.
I know exactly what he means. Oh, and the time changes. [ __ ] yeah. [ __ ] yeah. But then No. No. Cuz you guys don't realize it. Oh, [ __ ] You don't know what's going to happen. I'm gonna get better sleep and it'll be easier to wake up, but then it's still going to be difficult cuz it's going to [ __ ] with my poop schedule.
That damn it. Think about it. It makes sense. Boeing 787s at 8 month plan to go to 10 sometime in the year. People I think will No. Will they wake up late? You think they're going to wake up early, bro? Cuz isn't it going to be uh it's going to be easier to wake up now? 5:00 a.m. is like 6:00 a.m. I don't know.
I don't know if I move my because it's just when I wake up. So, I don't think it'll uh Yeah, I don't know if it'll actually stay like that cuz then it's going to steal my poop. Going to wake me up at the same time. We don't care about no daylight savings. GL ag. All right, man. Russell caught up a lot, bro.
So, all of the little long duration plays, even like Arc and anything in the middle, really a lot of like mid-tier tech and even the [ __ ] like ion Q, I think that's what brought it up. Garmin had earnings. Yeah, you're still right at open. You're on the lower end, but yeah, look at the high ticker, low tickers, not as much.
And then, yeah, there's a lot of things picked up. The sleepy heads will finally be on time. Dude, they wake up at like 11, bro. One guy I had I had one complainer this week send me send me a deep ass message, bro. I'm like, man. And I'm like, [ __ ] I know chat GPT wrote this. Okay, first of all, I should I should explain that part.
But then, yeah, bro, he ain't read the message till like 400 p.m. I blocked him. I said, "Bitch, I can't. This is not This is ridiculous, y'all. They don't even they wake up at like 12, dude. You understand? So, no, I don't think that hour going to save them. I mean, I I can relate though. I know what it's like.
I know. I do. When I was in college, like I would sleep the [ __ ] in, you know that? I really would. I really really would. But then again, I was [ __ ] drugged and alcoholled out of my mind. So, I don't know. Maybe that's the problem. Uh I don't know if you guys have put two and two together, but you know, it's super hard to wake up after you get [ __ ] up.
Did any Did anybody tell them this? I'm sure you you've picked up on the pattern recognition by now, but like yeah, you know, it's extremely difficult to wake up at a consistent early time if you just getting blastered. I know. I know. I know. But like that's why I'm like I know. I've slept in many times and I I know what it's like to sleep in till like 12 or two and and not have that be weird.
You never did that. That's amazing, brother. Good for you, bro. Being your mind be preserved. Mhm. That isn't It is you guys. So, be careful. It's not It's not a joke. So, are you ready for this? This is real. Like most heart attacks and like problems like especially older people they they die because of daylight savings.
I'm not even kidding. This is real. Like because like the time change and the schedule like [ __ ] people up. So yeah, it's actually bad for old people and then even people who are like you know if you have something wrong with your health already, the time change is going to exasperate it or it's like hard to uh to adjust with it.
Yeah, car accidents, too. I know. It's It's so weird, but then it makes sense because you're just moving the [ __ ] clock around for like just making it up. We're now one hour forward. What? How? What the [ __ ] you mean? That's a clock. How do backwards now? What? Every seven months I don't even eight months now before backwards.
So yeah, it's very confusing to the body if you're not prepared. Arizona, yeah, they don't do daylight savings. They don't even have [ __ ] water. So that's it makes sense. It's a desert. The desert's different. That's why they're like, we have enough to worry about. You had an employee that was 19 and had a stroke.
What the [ __ ] That's how That's sad. I pray, man. Man, that's crazy though. At 19. Oh, yeah. Right. That's terrible. Oh, damn it, Tim. The California CDLs and then daylight savings time. Oh, dude, that's a terrible combination. Oh, no. They found a hole in his heart that he never knew about. Oh, wow.
That's crazy. Okay, I've heard of that. I've heard of people even finding out they don't have a kidney. you know that like you could I I don't know you guys might not have a kidney. I had that happen to a friend. They were like they were in their late 20s or 30s and then they were like yeah I don't have a kidney.
I'm like how did you know? They went to the doctor. They had like some issue and they're like yeah you only got one kidney. Fu, do you love me? I say Baba. All right, man. We're going to chill until Powell. Boeing says, "Get a double manufacturing footprint at Charleston." That's old. Well, well, well.
I guess so. Fed's going to be at 11 my time. I guess we could do Felo. I We usually don't have Felo. I I It's not going to be a quick one, though. But you know what? In the name of I think the locked in guys want Felo, ironically enough. So, I don't know. Maybe we'll do a vote. Maybe this isn't a democracy.
Maybe we'll decide. But yeah, it's a good one, though. It's a good one. It's going to scare some of you. You know what I'm saying? I think some of you are going to get scared, but you shouldn't be. Oh, I I like it. I think it's a great fo. Always down for some Felo, baby. Some felo in Battlefield. DraftKings.
So again, Flutter, all the gambling stocks. A lot of things picked up right there. So again, it started off pretty slow if it wasn't like mag seven, but you're catching a bit on some of these. I hate it cuz momentum's moving, but I don't I don't like it. Oh, did those already pop on me? Yeah, I could have got them cheaper.
They all moved even then. Some of the premiums I thought would lag. So, you are getting a little jumpy across the board. Uh, Intel premiums are kind of jacking up. The ones with time. Yeah. Wait, Intel came back. I don't even think that was going to happen. A lot of things did. Even the XBIS are back up to 50%.
So, yeah, dude. Things are kind of juiced. as odd as it may this they shouldn't be but you know even this little pullback the little mag seven like the premiums are kind of doing better than the stocks that's what I was telling you guys in the morning but you either go now or they're going to get washed one more time and otherwise if it doesn't get washed that's going to hold the floor can you send me emails with analysis and info on stocks sure I mean don't like I think there's like a limit of like propag like just don't send me propaganda.
That's the best way I could put it cuz then I'm going to be like, "Yo, bro, that's you know, and then I my mind tunes out to propaganda. I don't know how to explain it." Like, you know how some people lock into propaganda. I just can't. Right. You lose me. You lose me very very fast. So, as long as it's not propaganda and it's like objective info, I I I would love that.
But if it's not objective, uh, then no, I'm not down. Yeah, dude. We played the war zone last night. I I [ __ ] with it. I was taking out tanks. The meta premiums are up. Even the downside, let's see. Longterm, do you love me? Are you holding? So you'll never ever sell if it goes down cuz you'll buy more and you'll hold it.
Mine one of them two of them went down. One of them stayed stable for me. Oh wait, no. There was the old calls that went up 30. Oh [ __ ] Yeah, but it's both sides are kind of me. But that is going to be big. And then after I want to see how the big seven or the earnings today, I want to see how they move after after Powell.
That will be very fascinating. blessed to be a Chad. Amen, brother. I think I think it's just beginning, you guys. You know that. So, I don't know. I don't know who needs to hear this, but you have so much opportunity. So, I encourage you to cut out the noise. Don't be so worried about things even. Don't be, you know, that's why it's good if you're not worried about me.
If you are, you you took the bait. But other than that, you got to like, dude, I think it's just beginning. Isn't that crazy to say? Imagine 5 years of the long-term, six years, bro. I'm telling you, bro. Mhm. Yeah. Like I said, as long as it's not propaganda, and believe me, I have I have one of the best propaganda detectors in the world.
So, but if it's objective, like I I love it. Big fan of objectivity. May the May the truth set you free. It's funny. Apple, Microsoft, I don't know where Amazon's out. A lot of the value stocks reacted like that. And then Boeing on the low. I think they're still on the call. Yeah. Expansion of Charleston getting higher than 10 a month.
That was five minutes ago. But yeah, Boeing starting to flush. I don't know if you want to listen to it. There are so many earnings and then spy kind of coming back down. Like I'm saying, some of those like a lot of the midcaps moved, but yeah, the premiums never went down, bro. From the morning, there was only one I hit one, but that was it.
Like a lot of things just there no follow through on that. The premiums moved more than the stock. Yeah. And dude, CVS was looking good, but then you guys didn't see it. I told you somebody [ __ ] it up. It got too crowded. That wasn't supposed to happen. And then they crowded it way too quick. But and then CNC ended up hitting, ironically enough.
So CNC that did 100 150 from the bottom. The other one got overcrowded. Yeah, Boeing's just getting work. GE on the high. Are you riding? Kramer tweeted, "It's time to buy Boeing." Jeez, he's been on a tear. But then again, Intel went up after it. I couldn't understand it that one earnings day, but then I did.
Liberty Media to succeed Malone. Apple and Microsoft are on the low right now. and GE and Boeing. But now that Russell is in the lead, which is kind of odd. Well, make a play on it. Don't if you did a document and you're working on it in earnings, I would encourage you to make a decision with it. You don't need to send it to anyone until you make your move on it.
That was going to be important. Apple is kind of dumping. It's only 0.5. I'd wait till Meta Microsoft 2-year FRN's discount margin 0.19. Google's actually going up though. I think out of all of them, is it Google and Amazon? Mhm. Oh [ __ ] you're going to get deploy. I remember, bro. Good luck on the journey, man.
I can't believe it. That was Didn't you join at the beginning of this year? So, let's go, baby. Let's go. How long are you going to be out for? That's amazing. You're going to see some cool [ __ ] bro. You're going to get to those carriers are insane. You know, in San Diego, they got a giant like retired carrier and that it's like a damn tourist destination.
Bitcoin dumping. All right, I need to go to the bathroom. Can I play this without Here. This Okay. I was going to make a I was going to make a remix to this, but then it's kind of ironic. This one I dedicate this to to all the dumb [ __ ] out there that don't want to make money cuz they worried about their feelings.
I present to you Sean P. Diddy combs. All right, I'll be right back. Now, who's hot, who not? [singing] Tell me who rock, who sell out in the stores. You tell me who flop. Who cop the blue drop? Who got block down the same old pimp mace? You know ain't nothing change but my limp can't stop. See my name on a blimp.
Guarantee me up. You don't believe the world [ __ ] double up. We don't play around. It's a bet down. [ __ ] didn't know me. 91 bet they know me now. I'm the young Harlem [ __ ] with the goldie sound. Can't hold me. [ __ ] hold me down. Ca screw me to the game. Now I know my duty. Stay humble, stay low, blow [singing] like booty.
True pimp [ __ ] spooty cutie. [singing] The more money we come, the more we know you better see me die than see me fly. I call all the shots, rip all the spots, rock all the rocks and top all the drops. I know you thinking now when all the ball stops. [ __ ] never home. Got to call me on the yacht.
10 years from now we'll still be on top. Yo, I thought I told you [singing] that we won't stop. Now what you going to do? I told you that we won't stop [singing] here. Ah, cool. They be talking. They said that before I was even born, dog. What the [ __ ] Y'all tripping. Thought I told you that we don't stop.
I thought I told you that we don't stop. Same old lawn term. I know, man. Ain't that crazy, bro? P Did he so [ __ ] bad the other guy on the song became a pastor like 20 years ago? He said, "Oh, hell no, bro. Oh, hell no." He said, "Lord, he repented right away." You understand? Right when he figured out anything about Diddy, he repented and he That's it.
Then he bought a jet. That's But then that's typical, I guess. I guess. Welcome to America. Thought I told you that we don't stop. This is still Puff Daddy. I know, but like you should have been concerned. He really like wanted people to call him daddy. So, you know what? Praise the Lord, man. That's the only father you need.
I don't know if they feel me, bro. Good luck. Good luck. Thought I told you that we don't stop. Uh uh. Hey, do a bomb with the boom. All right, 8:30, bro. We got Euro close. There you go. It's coming down, though. You think you had the You got the breakdown in the morning. I'm glad we only made one move, baby.
I'm waiting. Your boy patient, dog. I Good thing. Good thing I had to take a massive [ __ ] That helped me with the patience. You have no idea. I still need to go again probably. But that lemon, that lemon cayenne, I'm surprised it's good. This conversation's making you crave rocky road ice cream. H how?
What? Are you on the delay? You're not even in the you in another realm. What the [ __ ] Are you Did you just hear the P Diddy song? What does that mean? Is that Don't tell if that's a sex joke that I don't understand. I'm too innocent for this world. And I don't think that's true. But what the [ __ ] What does that even mean?
Can somebody explain this to me? Can we get clarify? I would like to phone a friend. Regious. That's It has to be the delay. That's cuz I was talking about P. Diddy the the farting. There's no way ice cream came up. Check out Al Green. He became a preacher after he released Let's Stay Together. Oh, I didn't know that.
That's funny. What? You rolled your M3 yesterday? You forgot to take your seat belt? Well, dude, what do you mean, bro? Rejoice. What the [ __ ] you mean you rolled a [ __ ] M3 and you're here right now? So, praise God, brother. Praise God. Yeah, that's that's wild, dude. That's Amen. I literally last time I last time I flipped a car, bro.
A dog, bro. Rejoice, dog. Rejoice, man. No matter what. But last, I'm telling you, I just That means God wanted you here, brother. Okay? So, you better [ __ ] You better live like that. Okay? You better live like that. That's That's all, bro. You better you better live like you got like you here for a reason, bro.
Mhm. AMD kind of remember that was hitting up on the high earlier. It popped up. Damn. She ain't even defended. She said, "Yep. What the fuck?" Honestly, man. Cynthia, you're not the Was that the [ __ ] [clears throat] No. Okay, that was the N. I like you, Cynthia. God bless you. God bless you. What's But honestly, can I be real with y'all ladies?
What the [ __ ] is wrong with you this morning? Or what happened? Did Did they Did they ban abortions again or something? Why are y'all The ladies this morning are tripping? Okay, I don't even know what that means still, Cynthia. Okay, but the other lady in the I don't I won't even call her a lady. I'll call her the B- word.
Okay. But nah, hold up. Y'all tripping today. So, get a law-term, save 10%. And that's it. We got the other chat. Just damn damn dodging death, bro. Yeah, bro. I'm very glad you're alive, but I'm telling you, I've I've I've been in car accidents before, and I don't that I shouldn't have survived. So, you know that I had the last time I rolled a car.
I've rolled a car before, bro. I flipped a Honda. Imagine how hard that is to do. Yeah. So, yeah, you're Dude, you're lucky. That means you're here for a reason, you know, and that let let his will be done. So, that's crazy, bro. Mhm. You flipped the EG hatch. Damn. Did you have a turbo in it? You probably wouldn't, especially you were driving a fast car, bro.
So that's even more of a blessing that it was like you had a lot of power, brother. You had a lot of power behind you. It's a new moon. I mean, well, respectfully, [ __ ] y'all [ __ ] horoscopes. Okay, I said, "What are you doing?" Uh, unh flushing a little bit. Not too bad. You are you are quietly admiring your law.
May and may the Lord bless you, Candy. You know that. May the Lord May the Lord bless you, Candy. Thank you. Amen. You know that. I wish YouTube would let me give out free lockedin memberships. You know that? Cuz I would give them away to a lot of you, but I don't. YouTube's a bunch of hoes. They don't even notify him.
I think that's so offensive that you nobody spends $50 on YouTube for a membership, but they won't even notify you. That's crazy. Yeah, that's crazy. Small things are happening at your relationship. All right. It's late today. I I'll allow the update. Kevin, last time you told me at like 6:00 a.m. I was like, "What the [ __ ] man?" That's good.
Did you tell her Did you tell her about Jesus? Some of you might That's what y'all don't get. Some of you might need to tell your potential partner about just tell them that you're a Jesus freak and see how they react. You may not even have to believe in it, but at the same time, it'll show you a lot.
Powell is the turn. Go off of DOA with the Ba. I thought I told you that we don't stop. Huh? Well, Chad, I love you and God bless America. Send you one. If you guys figure it out, I'll get you guys some. But until then, we need YouTube to notify him, dude. Would FI be something in my lawn term? I mean, let the dust settle.
I don't really like the company too much, but they also have a lot. Dude, you know what's actually crazy about Fizzer that no one's talking about? What's so weird about this? I'm glad you asked that question. And you know, and I'm cuz most time [ __ ] ask me this at the worst possible time. So again, this thing's actually dropping.
I hope you understand the let the dust settle. You know what I'm saying? Cuz like you you've seen it before many many times. But it's like there there there's something about it. There's something about it. There's something about No, Fizzer is Fizzer. I don't want to say too much. I want you guys to figure it out.
But there's something there. You should check if you gave permission to YouTube to send notifications. You figured out that's what happened. Oh, no way. But they always come up with some new [ __ ] to explain. YouTube's always like, "Well, yeah, you gota uh it's the same thing every day." Not new price.
No, no, no, no. It's more If I say it, you're going to figure it out. Yes. There you El Coyote. Good. Go off of that. Tell me more. Tell me more. Tell me more about that. Yeah, there you go, Wookie. I'm not thinking sympathy, but like think about it. So, dude, Fizzerve is like a card processor. Sipping on some Fizzer, but yeah, they do like payment processing for like consumers and businesses.
They're like, it's like kind of consumer. So, I'm not thinking buy out Canada. I'm thinking, what the [ __ ] you mean you're getting clapped at the [ __ ] payment processor? What does that say about the [ __ ] economy? So, yeah, that's what I don't like. Yeah, it's small B. I've been even big business, bro.
I know a lot of companies that use fizzers, so it's kind of trippy. It is. If I didn't know any better, I would say canary in the coal mine. And but and it could be, but there's more to it. Cuz like I'm saying that little black swan discussion yesterday kind of [ __ ] some of you guys up. That was not the intention.
I even said I was like not trying to confuse you. But hey, you know, even with the black swan stuff I was telling you or with the uh with the grim reaper, I was like I don't want to confuse you. So, but yeah, that is uh it could be a canary to some. Yeah, Nvidia is falling falling. Oh, domestic terrorism on the high, also known as Reddit.
Look at that. Si si sipping on some fizzer. At least fizzers. Good thing we didn't get Dude, we didn't get trapped on anything today. I'm happy. I praise God for the indigestion. You know that, bro? He got my back in so many ways. I don't even realize it. You don't even realize it. Praise God. I can't wait for today's FO, you guys.
You know, I can't even wait for the Fed. All of it. Sipping on some Fizzer. Pay PayPal did say the same thing. Yep. And Donald Trump said something yesterday or this morning. I don't know which one it was. Uh but in Korea, no, it was this morning. Uh he was talking about jobs and it's true because and this could be I don't know.
That's why I think next year and how this all plays out will be important. But there might be an adjustment period. We talked about it. We thought it was going to be Elon Musk. But just keep in mind that you do have uh like this administration. They are not hiring people. You understand? And then think about the government shutdown, bro.
I Dude, I heard you ready. You guys want some tinfoil? But let me finish the the first thought. But yeah, they're not they're not adding government jobs. So you got to think about it. There's like a a lot of the job creation that you've seen under many administrations. Even even Trump had some, you know, he had a lot of government payrolls in the beginning.
Not as much as Biden, but you know, he was still doing it, but they're not doing it like that anymore. That's good, but it's also going to, you know, there's like an adjustment period or depending on it's real economy. That's where we should get back to that. But yeah, that that's going to have a change or it could change some things.
But here's the tin foil. Are you ready? Are you ready for it? Very simple. Not really. It's kind of crazy. But long story short, you guys know there's no debt ceiling, right? As odd as that may sound. So, what's the tinfoil? Theoretically, to a certain degree, you could have the government shutdown forever.
There is a path to it. And then that would be a way to terminate every single government employee that you wanted to with cause without getting clapped cuz they're lit. You literally don't have to pay them. So think about it. If they find a way to just get the [ __ ] money to the military and the places that need it, right?
This could be I don't know the probability. Uh I haven't really this is tinfoil so I I haven't ran it but it's essentially you can like there is a path where you could just do this in perpetuity and lead it to stopping government spending as odd as that may sound but yeah it's kind of crazy. I never really thought about that till I heard it.
That's why I'm like I I see it. That's what I'm saying. If they they could find ways to fund programs the right way, right? So, they'll probably find money to SNAP and all those, but then they're going to restrict it to the people who actually need it. You get what I'm saying? So, yeah. It's not the black sw.
I'm telling you guys, I [ __ ] you up. I'm so sorry. I'm so sorry. Because even then, nobody's figured it out yet. And it's like, just don't look for a black swan. That's the It's like a what's it the double slit experiment cuz once you observe it, it's not going to be there. It just it's going to go back in order.
But yeah, it's not this. It's left field, bro. Left field. But I wouldn't focus on it too much. Yeah, Trump did say it gave him more power. It really does. That's the irony is that these guys are they handed it to him or they did it on purpose. TAC is going up. So again, a couple of the energy plays in nuclear.
We already have TAC plays, but yeah, they won't let any of those premiums come down. I didn't see the Atlas one, though. I'm waiting. Atlas is supposed to pop up today, right? Yeah, I think today, tonight we're going to see it, but we'll find out what it really means. Reddit's going up, too. It's not relevant to anything.
That's what I'm saying. I would argue I'm probably one of the only people so far. That's why it's good that I'm I'm one of the only people. I don't mean it in like a braggadocious way. I mean it in like probability like true black swan because it's so random and it's very unexpected. But it has nothing to do with the market.
That's the that's why it's a true black swan. That's why I'm like I wouldn't get caught up in it. Just know I'll I'll pull a parachute if it happens. You you'll know if it happens too. It will be unignorable, but it's un it's unpredictable, but it will be unignorable. But again, you're this conversation is only going to hurt you at this point.
There's a big diminishing returns from here on out. That's what I kept saying yesterday. And I just But again, you will I I wouldn't you you're going to press it. Everybody does. But I wouldn't that's I mean, hey, do what you need. Yeah. Yeah, the atlas is that's a different topic. Like I said, that one doesn't really matter, but it's it's fascinating.
But well, I think it's supposed to reemerge today from behind the sun. I'm getting gas again, bro. The stocks aren't gassing, but my stomach is. Oh [ __ ] that filled. All right, I those [ __ ] uh damn the futus. They just fat spread and it filled me at a ridiculous price. So I made it free. and then spies coming down.
UN nuclear Iran enrichment of uranium. Yeah, there is headlines. IDF is attacking Gaza. I don't think it's too important, but if that falls through, I mean, just add it to the list. Uh, Serral CRML popper little one. Oh, dude. I think it's happening again, guys. I got to I might have to Thought I told you that we don't stop.
That feels like my stomach right now. Thought I told you that we don't stop. Pay the plug. Thank you, my brother. I mean, gold is in a world of its own, so I wouldn't try to look at I feel like trying to correlate anything to gold is so random. Uh, Serr's going up a little bit more and then more of the nuclear ones.
You just had that little tack pop and drop. Fizzers running and then yeah surmal now I call CRML Serral critical minerals it's fun to say surmal I'm in Alo now they're all one. Thought I told you that we don't stop. Uh-uh. Yeah. Every single one. UN nuclear. No, there's a different one. I was like, we going to get more.
Otherwise, it's 9:00. We could do FO at like 10 still, I think. And then Oh, but I don't know if I'll finish in 30 minutes. But when we did a we did a preview in the morning. So I don't think Yeah. Worst case. And then I don't know you guys I'm going go to the bathroom but like dude I was so inspired man you know did you guys see uh you guys you guys heard about Gavin Newsome like growing up in the hood right you know Gavin Newsome um and McDonald's and the Wonderbread.
But like I don't know, man, more inspiring things happen every day. I'd like to show you guys now the 2025 uh endorsement and nominee from the NAACP. I think this is great, you guys. This is Abigail. So I this is amazing. This is your uh you guys and you guys know pray for the Jamaicans right now. You know Jamaica is going through something.
But yeah, the NAACP this this is their nominee. Did you know that this lady right now? This is her. They chose her over the Jamaican. But I guess I understand it. I It makes sense, you know. Rock on, sister. But yeah. All right. I think No, I think that's inspiring, you know. It's very inspiring. Dude, no.
Eminem's won a BET award. I think I think this is worse. This is probably This is probably one of the greatest ones I've ever seen of so out of touch. I just I'm a yacht lying, right? This has to be a practical joke. Let me see if I have a video. I need to go pee again. Qualcomm on the low now. Damn.
Qualcomm flushing. Hold on. I'm locked up. They want longterm. They trying to find the long term. Well, I said 10%. The bottom ain't getting no closer. No matter how much we spent, the trades are fading. The puts are baiting. Trump is hating. And one of them me and I got my turn. They won't let me out.
They won't let me. No. Sorry. Here, bro. Yeah. Google's the only one going up there. HCA2. Uh, Trump advisers consider Las Vegas for rare midterm political convention. That flash by is that we get a boost on those. And again, Reddit started to wake up a little bit AVT earnings call going on. ANET, Boeing.
It sucks. there's one play the premiums just won't go down but everything else and then give it like I said depending on where we're at like 30 minutes ahead of Powell we will uh you can have a better idea of what to do next Octa AMD Qualcon, bro. Those flip. Simon Property Group has fallen victus ransomware.
Microsoft is going down now. So yeah, dude, we've been having these little ones here and there, man. But JD now, but yeah, you're getting reports of uh Microsoft getting clapped a little bit. Welcome to AWS week. Dude, that was so abrupt last week and then it like it was so annoying and then we got over it and then it's still just like I Dude, that was big.
I can't believe it. just the internet shut out and we're still kind of like hung over from it. But yeah, airlines on the high. I need to go to the potty. Not me. Oh, what? They put a fat bid on those futus after I sold them. Well, you're welcome. I did it for the culture. I did it for the people to be right.
Spotify, where's Intellia? I chilled out a little bit. And the video on the low now. So yeah, Nvidia gave it up. The premiums are still up, but then you've slashed some of the like extra premium. Let's see the other one. The 2,000 center. Not up 2,000% no more. It's up 1,000%. So you lost half of the gangs.
Yeah, that makes sense. All right. All right. It's a good one. Woo. All right. I think we might have to begin Felo here in a little bit. So sorry to the to the people here for Powell. I mean maybe maybe you shouldn't stay here for Powell. I might turn it off. So if you can't handle that uncertainty, I may not be the one.
You know, we're prepared. But I don't Yeah, I don't know what to tell you, man. Oh, what's this? I didn't I should have played this. This is that Joe Rogan guy who was talking about it of 3A Atlas July 21st. Yeah. So it's one of the slides that has a blue uh with Yeah. You see it on the right here. So that's it.
That's it. And the scale of the resolution you know the innermost pixel is hundreds of kilometers. Okay. It's about 100 kilometers per pixel or something. uh the object itself should be of 10 times smaller so you can't really resolve it. What you're seeing here is the glow of light around the object from scattering sunlight.
And the question is what is producing that light? You know, what is scattering sunlight? And the unusual thing about it as soon as this was released, you know, the comet experts said, "Oh yeah, now it's proven it's a comet." But I said, "Look, it's the sun. The sun facing emission that is elongated.
It's not the other side. The extent of the glow backwards away from the sun is the same as sideways. You don't see any any cometary tail here. U and in fact we're looking at it just like a cigar along the long axis. So it should be 10 times longer than it is wide if you were to look at it from the side.
Amazingly, the best image was obtained on October 2nd, 2025 when 3i Atlas came within 30 million kilometers of Mars and it was taken by the high-rise camera on board the Mars Reconnaissance Orbiter which is operated by NASA. You as you remember October 1st was the government shutdown. So October 2nd the data was taken.
Yeah, Zor is but it was never released. I wrote to the principal investigator of highrise. Things are getting knocked out. Can I get the data? I'm a scientist. You know, I you can do the press release afterwards. I would like to see it. Right. No response. So, it's already 3 weeks. Tell them to refresh
since that data was taken. That is the best image yet to come. And the advantage of it, not only it has 30 km per, there's a lot to I just want to see what happened. Give it a day, bro. Let's see what the [ __ ] he come up with. Let's see what happened. Well, no. You can say the right words. We will not trust them.
Truly is a turning point. Turn from the destruction. I mean, be crazy. Be crazy. Win is on the high. Put that one up after the little Las Vegas headline, but I don't think it was that important. Yep. [clears throat] AWS a thousand. It's starting. So, you're getting more AWS down, more micros. It's not bad, though.
Not like too crazy, but that'd suck if we had a bunch of technic Wait a minute. Uh oh, hot dog. So yeah, maybe we should position now that I think about it because you may not be able to after. But then again, what's the point in positioning if you can't even sell it. So that's another topic, Vlad and everybody else.
So yeah, but other than that, I mean, it's a big day both after the bell and then during the day. But yeah, you're getting some technical difficulties here that are starting. Not anything widespread, but if it did occur, I mean, you shouldn't act surprised. That's great. I'll demonstrate. My mouth is still running.
I think Jensen might speak today or tomorrow he'll be with uh your boy with me. and Howard. I feel like Where is Howard? I feel like I haven't seen Howard in a long time. Sure. Wish we had some look back options. Vlad. So, did you guys know I don't know who knows this retail? All of you who want to uh revolutionize finance with your gambling addictions in prediction markets that are primarily foreign and not really that big.
But that's another topic. But did you know that there is an option that people on Wall Street trade called a look back option where you could choose at whatever price you want to exercise it at. It cost about 2 and a half% of the total value. You pay 2% of the trade. And let's say you buy 100 and the stock goes from like 15 100 to 150.
You could look back and exercise it at any price that it already went to. That's a real financial product that they are trading on Wall Street and have been all year. However, it's only for an institutional investors. So, I know Robin Hood just bought a gambling company. I know they want to revolutionize finance, but why can't they offer this for us?
Do you guys would you guys like that? I think that'd be really cool. What do you Who wants to make it? Whoever gets look back options, I would like to say I'll support you, but then you're probably going to Trojan horse it with a bunch of evil [ __ ] So, but you know, it's a good way to start the conversation.
I could say, you know, we're not we're not that easy, [ __ ] But yeah, I who wants to do it cuz we need that. But yeah, that's that's what retail really needs. That way, all of your gambles will be a lot better and you're already spending the amount. probably I could almost guarantee most people are already spending 2% of the value on something that they're losing entirely on.
So yeah, what do you mean less risk? It's amazing. Yeah, way less risk. You spend a little bit more, but that way you don't have to worry about top ticking, bottom ticking in the same way because like if the stock did what you thought it would and then they sell it off at open, you still can make money.
Think about that. So, you've had more off exchange volume this year than any year ever. So, have you ever seen a stock open up 10% for 2 minutes and then go down and then your option is in the money for a little bit and then that's it, then you lose. That would prevent this. So, if you had a look back option and the stock gaps up 10%, you're making that 10%.
even if it only lasted for a minute. That's a real product. I talked about this about eight months ago and then Robin Hood went and bought a prediction market instead. So, like I'm saying, man, I don't know. You tell me. I think they hate you. I think what they should do is they should buy a prediction market instead of helping retail and then maybe the NAACP can nominate Vlad as their next leader of the [ __ ] free world or some [ __ ] or at least Virginia.
I don't know. Maybe every market hat. You just can't. It's an institutional product. Like I said, I mean, if my if my whole thing was like revolutionize finance, if I called myself Robin Hood for the little guy, I mean, that would be the first thing I would probably provide. Or maybe I'd just be a liar if I didn't.
But who knows? Who knows? Exactly. It would eliminate the I should have sold my option feeling. So, if you make the right call, the right everything, you'll get paid for it. Honey. Wow. I kiss is two and a half enough for them to make money. I'm sure they could charge you three for that ability. I would pay extra, but even then, like, didn't Robin Hood make a bunch of money by selling [ __ ] for free?
Wait, what? What? Wait, hold on. Bridgewwater warns America's literacy crisis is far deeper than recognized. 60% of the population reads below a sixth grade level. I'm sure AI will help with that. You don't think they'll ever let Retail have that? Why not? I mean, that was the whole thing with commissions and like access to online brokerages.
I think anything's possible. Chad, listen. How about I'll I'll make a spack and you give me billions of dollars. I'll get this done tomorrow. The [ __ ] you mean? You You realize how, dog? But, you know, I'm not willing to to do all of that ho [ __ ] but he already did it, so might as well do it. You can say the right words.
We will not trust them. I don't like these breads. seem like it promotes greed. What are you guys idiots? Maybe you don't understand it, but the whole point is that is if it hits the price, you win. That's it. It doesn't matter if you held it for a day or a month. The whole point is that it hit the price.
You could look back and exercise any price the stock went to. You just made me fart. You know that that I had a fart come out after that. Are you or you guys work with Robin Hood? Huh? Cuz that could have that could have probably been dumber than the Rocky Road [ __ ] But that one wasn't even then. That could have been dumber than the other one in the morning.
The Rocky Road [ __ ] was either a sex joke or I didn't understand it. Who was the other chick? [ __ ] She was just She was just I don't know what it was. She said, "Oh yeah, I don't want to make you make me not want to make money cuz you made so much money. You not having fun. It's 7 in the morning.
And I need a poop. So, yeah. No, this all it does is help you. There's no way it would. Do you guys know how options work right now? Maybe we should actually explain it. Holy [ __ ] Do you guys know how normal options operate right now? Maybe this is the problem. Cuz right now you lose all of it, [ __ ] All of it.
Oh my gosh. So, wouldn't this promote greed? You work for Robin Hood op. Yeah, it's the easiest decision ever. It actually is my evidence that Robin Hood hates you, if that makes any sense, and that the whole revolutionized finance thing is like fake. What do we avoid? I mean just it's like so do you know about the Salana vape cabal?
There's like that but with stocks and even the stock news and then there's a lot of them. So, like I'm saying, I mean, at this point, just let me put it this way. Our our wire has not gone down one of the not one second, right? And if you have direct access to the source, all I'm saying is just everything is laced with a ton of fentanyl nowadays.
And then, like I'm telling you, the if you could track it back to the source of funds, I mean, just yeah, you're you're it's very easy to get influenced. And then like I've showed you guys even with some of the Chad stuff, it does not benefit you the same way. You could bet on it. It's very weird that you can Even then you guys know it's all from dude it's really bad but then yeah the have you guys seen the traffic of the [ __ ] websites.
So you guys know that people don't even like visit the they don't like bro there's like no real traffic on polyarket and these betting sites. It's actually weird like they're throwing more money than people go on there. I don't it's so odd. And then that's why I'm saying a lot of the transactions that are betting it's crypto and it's money from like China and other places.
But yeah, dude, it's a very it's not real. And then it had dude, they're putting it on billboards and then tying it into elections. I would borderline argue it's one of the most fraudulent things for like politics sake. But yeah, dude, it's not like dude, it's [ __ ] wild. No, it's not even like I don't even think it's money laundering.
I'm sure that could be one reason, but it's just dead. It's just not what you like you hear about it more than people use it. Like that's what I'm saying. It's like catching it seems like it was like, you know, ramping up and like people like, "Oh, it's just getting started." But it's like the foundation is built on bots, let alone not I don't let alone just small amounts of people.
So yeah, be careful because I mean let me put it this way. How many of you have let a prediction how many of you in the last 6 months have said oh well this and then brought up a prediction market? They even bring it up in finance. Like I'm saying it really is uh it really is uh distorting your uh your view on things and ju just very very subtly.
But then it's like there's a good chance I think it's at 70% 80%. There's some real things in it, but it's it's very very very marginal. But it's like 70% 80% is just whatever somebody wants to put money behind. So it's just not real. Azour down more. Yeah, I had that one. Oh no, that's another update.
Yeah, the amount of Azor doubled now. So AWS and Azor that's it really is it's a propaganda machine. Change your library. Let's go. I hope so, man. I want I want y'all to be really good next year and I hope you uh I hope you fly, brother. But a lot will be required. You got to apply it. It's like a fake foundation for like trust me, bro.
But then now people are using it on big things. Oh yeah. Just go look at the traffic. It's dead. It's like dead. Your stuff at work just went down. AWS. Well, no. And that's why I'm saying like think about why we're talking about this. I'm telling you Robin Hood, they should be offering you look back options.
And then you have Vlad over here acting like prediction markets are the future of information. So what okay if if you believe in if a normal guy like me could realize how fake that [ __ ] is then what the what other fake [ __ ] do y'all be be rocking with putting billions behind? It's not it's very odd bro.
It's very I don't think it is. I think people are getting confused in in real time. But even then the Mimdani thing just highlighted a lot. I think that's fraud. You know how many people were you dude they had billboards in New York saying he was at 90%. But it's just that's just not real. That's not better than any I mean polls are [ __ ] to begin with, but it's very weird because and then people are using it to like actually believe [ __ ] or like build around things.
It's just it's one of the dumbest things I've ever seen. I would have been more it would have been less dumb if the numbers were through the roof, right? Like if you had as many people on Poly Market and all these places as like chat GPT. Okay. Yeah, that's different. You see what I'm saying? Sample size.
It just This is objectively foolish. It's not. You're talking small sample sizes, not a lot of daily active traffic just on any business metric, too. It just it doesn't really make sense. And then you have people trying to place bigger reasoning behind it. It's not It's one of the dumbest things I've I've ever witnessed.
Uh but then again, how many people don't even realize it? And and that the odd part in business is that I've I don't usually watch people back [ __ ] like this with such little money. That's why I said it the other day, even that Donald Trump, I said, "Pray for him, bro." But then again, think about it.
DJT tagging along on these like trends. I mean, that says something. And I I I don't view it as like a hot commodity. I don't I Well, listen, I'm not saying you can't make money on it. Never said that actually. But I don't know what the odds are in your favor or not. I think it's a tool of confusion.
I mean, let me put it this way. My job of figuring out things has gotten a lot easier just by being a muscle car. Very simple. But then I think in a world of a lot of tools and info, people are willfully poisoning their minds and it's confusing them. You don't believe me? Look around. That's what I say.
I think it I think the whole goal is to get it to the point that that where it starts to get real nefarious and ugly. Let me I got to make a move. They're all still terrible. crisper. Remember gene editing stocks got merckked the other day on that hospitalization. I mean, you guys know the uh what's it called?
You know, the blue hair data, right? That's all it is. It's the same thing as the consumer sentiment, just digital, but now with China and with other parties and then a bunch of other more nefarious, greedy people. So, yeah, good luck. Stay sharp, baby. Stay sharp. It's like blue hair data for the libertarians but then or the people who are trying to get away from things.
But yeah, think about how we view the consumer sentiment. Think about how you view data once you found out the truth. It's not new. You guys had to have heard that one. If not, I need a better mic. I don't know. You guys want fart alerts? What the That may Huh? Yeah, you got that one. Nice. Oh, no. These spreads are [ __ ] vicious.
They know. They know. They know. Too late to apologize. You're too late. [sighs] Yeah, that was bad, dude. Dude, it's been like that since like 3:00 in the morning, even after I pooped. It's very I need fiber today. I don't know what the [ __ ] I ate that made me this gassy. That's how they're doing it.
That was right near there. My bad, dude. You guys don't understand. I don't think I'm lactose intolerant. I don't know what, dude. This is crazy. Uh, Sherwin Williams. You don't think a AI could replace today's fart chat? Yeah, I guess it's pretty pretty original and unique. Wait till you get this part.
I think we're going to do some filo. So, let me go get ready and then we'll begin. We got Fo. [screaming] I love it, you guys. Oh, get ready for it. Jesus. Praise God. Amen. Amen. It's a call, baby. Hey. Yeah. If we talking plays, yeah, I'm in there like swimwear. I've been there. I've done this [ __ ] for 10 years.
You could have it all, but you've been scared. Big scare. Funny part, there wasn't even risk there. My thoughts belong. Yeah, I've been clear. No fear. Oh dear. Who you trying to control here? My God is the weapon. I ain't boasting. Nah, it's done. Daddy said it's finished. Made me in his image, but that always made me timid.
Wonder why we different. Don't you ever get it twisted. It's the only way we get it. Set apart from the start. And the heart is in ours. It's a hippie with the love, but it's David with the Sard. I want peace, so that means you going to kill me if it's war cheap. Try ski beach on the arc. Want it easy or hard?
Want a genie or a god? Then believe me little bra. You a child. You a son of the highest in above. Don't deny it. We don't like it when they tell us who we are. I can tell you who I was. I can tell you who we is. I can make another song that's telling y'all about the crib. But for a second, keep it real.
It's not the reason they will kill. It's the freedom and believing. They want death to bring the will to but I rather have it now. And I ain't never backing down. Lying going to eat me or turn his ass around. Either way, I will remain up in his name and say a prayer. Yeah, let's say it now. Jesus. I put Jesus on the beat so I can listen to it.
I got reason to believe that we living in it. You could say it's one hell of a decision in it. Hey, if we talking plays, yeah, I'm in there like swim where I've been there. I've done this [ __ ] for 10 years. You could have it all, but you've been scared. Big scare. Funny part, there wasn't even risk there.
My thoughts my own. Yeah, I've been clear. No fear. Oh dear. Who you trying to control here? My God is the weapon. I ain't boasting. Amen. Amen. Amen. It's a call, baby. Feels like it's going to be a good day. Sold by a crib. That's that. That's ours. Why wait? Be great. That's that. No way. We change.
What's the plan? That's that. On my way. That's the play. New game. That's that. Can't believe they missed it from my I can't believe they for the I can't believe they couldn't see the mother. I'm free. No strings, no chains. That's that. One God, one king, one way. That's that. I burn suffreme. What you know about that one thing before you leave?
Please don't come back. Never needed any Jesus. I'd rather have no friends and hang with me. Your brother going to show up when he needed to still walk with that agreement. Hold on by that. That's our way. He that no way he ch that out my way. That's the brand new game. That's that. Want to gamble? That's a game for the gods.
What's the matter? Thought you knew about the laws. Father, why do they complain about your laws? As for justice, but they make sure it was wow. Oh [ __ ] Google's going down. Not the stock, the down detector. Yeah, everything's getting [ __ ] up, you guys. So, I hope you get it while it lasts. I hope you position uh while you can in a certain way.
But yeah, bro, these are no good, man. No good, bro. Mhm. Chattonia, are you ready? I love this fileo, man. And I don't know. I don't think, you know, for some of you, I saw the message, man. Uh, if you're looking for this fileo to explain everything that's not uh, you know, this is what I keep saying, man.
you guys just you got to go back and you got to stay locked in. Uh that doesn't mean you have to buy a membership, but uh you know, I don't we can't keep going backwards. We're only going to go forward. So, I encourage you to stay involved as much as possible, but you know, and think about it. You used to get a lot of updates and if you still couldn't stay involved then, I mean, I'm sure it must be harder now.
But at the end of the day, it is uh you know, if you care about something, you should go and get it. You should go and look. And even some things too, man. I I I would argue that a lot of things uh and I've I've communicated this with a lot of people. I don't think anything's new. Uh you know what I'm saying?
Like, bro, go listen to some of the songs from five, six years ago. I would argue it's the Do you not hear what it said? So yeah, man. I don't know. I just I hope you were listening the whole time, everybody. But yeah, you gota it's on you, man. The gate is closed and it's locked. But now, even more so, I think today what I'm going to share with some of you, for some people, this might be your biggest fear.
But no, I understand it now. I understand why God put us here. I understand why he made me how he made me. You know that why why I went through a lot of things, brother. You know that. Oh, through a lot of things. And yeah, there's going to be two types. But I want the best for all of you. And I encourage you to live up to your potential.
And I encourage you to be in the kingdom, the kingdom of Christ. And I hope you know, man, nothing matters. Uh, Ecclesiastes. Go read it, man. More and more and you'll see. Serious, bro. It's not money. What? You get money? What happens when you get money, bro? Everybody get weird. You get money, you buy [ __ ] then you get sad cuz you you bought everything.
What? You going to feel You ain't going to feel [ __ ] What? You want love, my friend? Come on. You ain't You gonna get your heart broken anyway. So, you're going to be like, "Oh, now I want a kid, and now my kid's a [ __ ] liberal. So you could go at it in many many ways brother you know what is come on what is in life brother come on you tell me what what what [ __ ] you know many times I farted today I don't it wasn't enjoyable this time so come on there's only God what are you talking about like seriously look around how magnificent and beautiful this world is the things we know the things we don't know and you want to act like you ain't a spiritual being and that spirit don't have anything to do with it.
You would you don't think that your life mission should be figuring out God and why you here. Are you what what are you going to do? Get money? You going to get what are you going to get that hasn't already been gotten? And that all this leads to everything. What I think there's some look around everybody have everything.
You know why? because we know you you have a list of things you want and don't want cuz that means it already exists. So yeah, I hope they feel me. But that's not the main point today. Oh yeah, I guess let me put it this way. And I'm gonna have I have a video or I have an audio I'm gonna play for you uh from somebody else because I don't I don't want to say it because I I I heard this and I was like, "Wow, it spoke to my spirit and I and I didn't really want to agree with it.
I didn't I did not. But no, it clicked. It hit me like a truck, brother. And yeah, this one's big. And let me just Airbus numbers are coming out. But let me just tell you this. All right, very simple. Some of you are going to get this, some of you won't. And unfortunately, if you can't get it, I don't care.
And I don't think you should care. And I think you should actually you should decide what you're going to do. But brother, it must be taken. I don't think you guys are going to get this one. Not everything, but the kingdom, you have two options. I think it's just like life. You either inherit it or you take it.
Do you understand? I don't like Nepo babies. I really don't. I didn't, you know, ironically enough, I didn't inherit anything in my life except the some of these words. That's it. Thank God, actually. But that is it. You are either going to inherit it or you're going to take it. And I'm talking about the kingdom, not money.
So, you got to decide. And honestly, I mean, there's a lot of it, bro. And I I heard it. Think about, you know, this does relate to the culture because I've told you guys cult dude it's it's important. I think there's real applicable objective things going on that relates to like data probabilities and you know social and social networking and social inputs and outputs and how it even leads to other inputs and outputs.
But yeah, bro. You I don't know if y'all get it, but this ain't the it it's beyond any of that. You have to understand what your role is in all of this. And if you think everything is supposed to be like, this is why I say I don't think of you've heard a lot of me before, but dude, I get it now. If you think everything is about God bless me, give me a house.
Oh, it's a big big house. You think it's all going to just be [ __ ] blessings, dude. Come on. You think everyone's going to get blessed and do this? No, that's not going to happen, my brother. It is a battle. Go I'll read Psalm 144 for you and then I'll play something for you. Y'all tripping. I'm tripping.
Ah. Yeah. Psalms 144. Blessed be the Lord, my rock, who trains my hand for war and my fingers for battle. He is my steadfast love and my fortress, [snorts] my stronghold and my deliverer, my shield and he in whom I take refuge who subdues people under me. Oh Lord, what is man that you may regard him or the son of man that you think of him?
Man is like a breath. His days are like a passing shadow. Bow your heavens, O Lord, and come down. Touch the mountain so they smoke. Flash forth the lightning and scatter them. Send out your arrows and route them. Stretch out your hand from high. Rescue me and deliver me from many waters, from the hand of foreigners, whose mouth speak lies and whose right hand is a right hand of falsehood.
I will sing a new song to you, oh Lord, upon a 10 string harp. I will play to you, who gives victory to kings, who rescues David, his servant from the cruel sword. Rescue me and deliver me from the hand of foreigners, who speak whose mouth speak lies, and whose right hand is a right hand of falsehood.
May our sons in their youth be like plants full grown, our daughters like corn pillars cut from the structure of a palace. May our graineries be full providing all kinds of produce. May our sheep bring forth thousands and ten thousands in our fields. May our cattle be heavy with young, suffering no mishap or failure or bearing.
May there be no cry of distress in our streets. Blessed are the people to whom such blessings fall. Blessed are the people whose God is the Lord. Beautiful, right? And guess what? You see the end that did have the big house. That did have the blessing. It did. Give me 10,000 sheep. Fill the fields. May your children grow up to be amazing.
No, you don't. I want those good things, bro. Yeah. How does it start? I know. Yeah. We all focus on Yes. Peace and love, my brother. That what I just read you, they going to try to ban it one day. Stop acting. You know why you don't hear it? I hear it. I can hear how you could ban it. And before it gets into any sort of blessing and big house.
Oh my, I love it. Homeboy said, "God, the guy who is made after God's own heart, he says, "Thank you for training my hands for war, my fingers for battle." Y'all tripping. Like I said, I was tripping. So, I have more for you. Let me have a a good friend of mine. I don't know him. I've never met him actually, but I [ __ ] with him.
He I don't know how he'd feel about my language, but I think out of all the people, he probably wouldn't judge it the same way cuz he would understand. And he brought up the two pastors, you know, either he loves these two pastors, and I love these pastors, and they're both dead. Miles Monroe and Pastor Steven Darby.
Both dead. I don't know why. B both weird outcomes. Who gives a [ __ ] right? I could just tell you this. Both of those men, they were they were very upstanding, inspirational black men who are probably some of the best preachers I've ever heard. And they were all about changing culture for the better and ultimately for God.
Those are warriors. They were warriors. They're not here today. So I I I was listening to this guy. I'mma show you. And he brought them. I said, "No way." I said, "It makes sense." I don't [ __ ] dude. I don't [ __ ] with a lot of things, especially nowadays, bro. Seriously, bro. Everybody just wants money.
That's why I told you guys, you don't get it, bro. Thank God. You know why? Cuz I did always want money. I did. I would be lying if I said I didn't sell out. You know that. I helped people do a lot of things that I probably, you know, at the I don't think it was bad, but you know, I helped foreigners.
I helped a lot of people buy assets. I showed them how to do things. You're like, why is that a bad thing? I'm cuz I'm not talking about online, bro. I'm talking about buying water rights [ __ ] 15 years ago in all of the coastal cities for billions of dollars. That's what I'm talking about. You don't get it.
That's what I'm saying. I don't think it was bad. All I cared about was money, though. I could go back to a lot of things, but now now now I look at it. Like I'm saying, I got people I know and they're billionaires. They're telling me they can't even get excited. I see their jaded view. But it's like, dude, I praise God that he did not give me too much and he did not give me too little.
He did not give me so much that I forgot about him to the point that we could all learn this. But then at the same time to the point where now it's like, yeah, I don't I don't need money, dude. I don't want it even. It's like I wanted to take care of things and I had my other desires, but he put me in a spot where damn well I know people know this.
That's why people trip. That's why you guys don't see how abrasive I am. Why the [ __ ] are they still chasing it money? I know. I don't care about it. You know you can't buy me, [ __ ] Let's be real. The pastors can't control me. The money. What do you think? So, I praise God. You don't get it. That's what I'm saying, bro.
I'm like, thank God that I don't have to rely on man. That I could truly seek the Lord. That's all I want. And I didn't always want it, but that's all I want now. I get it. So why? So let me share this with you. This is from I've played him with you. You remember that video I showed you about the sassy revolution.
And remember he was saying how they're like the men of today. It's like a sassiness. That's why you know there's sassiness in the Bible. Like I said again is how you even confront problems, how you handle things. Yeah. It was it's that guy. He's not a pastor. It's crazy. He's like a pastor, but he's not.
This guy, I don't know. I don't He doesn't have a big following. It's big, but it's not big. But it's, you know, I hear people talk about Philip Anthony and all these TD Jake and all. And I used to be all all down with that. His name is Dorsy. Dorsy Savage. That's his name. So, I'mma play you this clip.
Okay. I think the sassy thing's on my Twitter if you want to see that video. But yeah, are you ready for this? I'mma play this with you. But then it's crazy. You know why? Cuz you'll see what I'm about to say after it. And this is a wild one. But you need to [ __ ] decide, bro. Like I said, the gate is closed and it is locked.
But now, bro, you guys, there's all I think there's good things. I'm very hopeful. I think there's a lot of good things. You guys keep worrying about a black swan, my brother. What about the dove? You ever thought about that? There's a dove. A beautiful dove. There's some good things, bro. But you need to be ready.
You need to be real. You need to not let it destroy you, bro. It's Oh, so I love this. Here you go. And I and I'll tell you because I heard this and before I heard it, I already had the commands written down. That's why it tripped me out cuz I was already thinking this, but in a more linguistic way, more of a, you know, Da Vinci Code type [ __ ] that I've been showing you guys, right?
Like, yo, you see this meaning, you see this and then this, right? Yeah. Yeah. I got one for you with this. No. Dorsy. D O R S E. Savage. So here, listen to this. Many of the people God calls, he calls from an extremely violent past. You can think of Moses. Moses was an extremely extremely violent man.
Not only did he murder a man, but he actually dug a ditch to hide this man in. Now, if he was in a court of law, they would use the extenduating circumstances and that to enhance the crime because that level of violence shows that he was willing to do it again. He didn't plan on taking any accountability for it.
This was who he was and he accepted that. And he wasn't going to capitulate to your moral code. He wasn't going to fight it out in the courtrooms. He was going to bury you and be done with it. This is who Moses was. David was an extremely violent man. He fought the two most violent animals at that time to attack a shepherd.
You had wolves also, but wolves are not as violent as lions and bears. In fact, a wolf will actually think twice before it attacks a grown man because wolves don't want to suffer any damage that can make them unable to hunt again. And a grown man can kill a wolf. It'll be a battle. But a grown man should be able to kill a wolf.
But a lion and a bear, you have to have some level of delusion, some level of madness even to approach them. This is an extreme level of violence that loses all sense of self- concern. It does not calculate probabilities or reason with potential outcomes. It simply sees red. And red is actually the color of violence.
There's a psychological draw and trigger when you see red. Blood, stop signs. All of these things are the color red for a reason. Do you know who else was named red? Adam. His name means red earth. Adam was made to be violent. When God made Adam, he gave him the charge not only to dress the garden, but also to keep it.
He was to be a guard of the garden, a keeper. And a guard is someone who's authorized to use violence to protect a jurisdiction or a person. You're authorized, you're told within your guardianship that you may use flushing is a guarded environment. And just like Abraham who had all of his servants turn their plows into spears and swords, so you must be able to instantly switch on violence.
In order to follow the commands of God, it demands violence, not physical violence. But the Bible says that the kingdom suffers violence and the violent take it. If you don't have violence, you will not get it. It's as simple as that. It is given to the poor in spirit, but is taken by the violent. In one of David's most triumphant songs, he blessed God who taught his hands to fight and his fingers to war.
He thanked God for teaching him violence. Now, man was not to be violent against other men, but he was to tear down images, to pull down principalities and powers, and he was to do so with the same level of violence and madness that David ran upon Goliath with. People like to talk, oh, it was faith and some faith produced violence, or rather, violence produced faith.
When you're extremely violent, you do not believe you can be beaten. Believe me, I know. In the book of Proverbs, they talk about a man who got on wine and was extremely violent. And he said, "They beat me and I didn't even feel it." You will not receive anything in this life until you decide to get spiritually violent.
Blessings are just permission slips, battle plans to get violent. In fact, one of the most underrated blessings in the Bible was the secondary blessing, the blessing that Yeshua got. Yeshua didn't have anything left. Jacob had stole it all. But Isaac gave him this blessing here. He said, "Look, when you get tired of your brother reigning over you, you're going to cast off his yoke." In other words, no matter everything that I've spiritually given to him, no matter everything I've said, if you get violent enough, you can make some things shake.
Peace. I told you some of you aren't going to like this. I think this was some people's biggest fear of me because guess what guys? I'm violent. I realized that. You know that, right? No, I've been violent. What are you saying? Now, I don't I'm not trying to hurt nobody, but guess what, bro? We have to tear down all of this [ __ ] Do you understand me?
You think we going to tear it down? How you going to tear down an astropole? How you going to tear down principalities act? Again, think about it. I told y'all, bro, I don't know why God made me like this. And I tried a lot of I don't know why. I'm like, "Oh, I do love love, bro. I do have a lot of love in my heart." I'd be lying to you if I told you I can't instantly turn it.
Not the love. It's not like the love disappears, but we battle. And my guy, what do you think is happening with culture? Do you what do you do you think it's not going to be a battle? I think it's the crazy part cuz like it's foolish how people get violent with others. It's like that's not what that and he said it many times.
You're not called to be violent towards man. Nah, but you have to again. What did he say about the spirit that Okay, listen man. Time to battle. When we go against a bear or a lion, some of you aren't going to do it. That's why I'm saying sometimes the bear or the lion is money. You saw it, bro. We went through propaganda campaigns.
people folded. You know it, too. That's what I'm saying. I tried to play it less violent. I've I've been trying to control this thing in me for so long. Have I not? Have you not witnessed it? I'm trying I got to stop cussing. I got to do this. Oh, I got to do this. Oh, let me let's take a bunch of [ __ ] right?
Let's bend culture so that we are Oh, love. Man, I had love the whole time. I still I think I love life and I love people more than ever. Ask some of some of y'all I think you feel the violence. Others of you I think you feel how much how much I really do love you. Tell me tell me that's fake. It's not cuz you know.
That's why I'm proud of some of you. That's why I'm telling you, bro. I got I got more mad even this morning. You think I'm mad? I will stomp on a [ __ ] You think I care? I got more mad to see my brother standing tall. I don't want I don't want to see you slouch. So yes, this is a lot of people have said this.
It's not not the we have the the virtue of of nonviolence. No, it's how to control it. and my brother, these battles and going up against everything from Wall Street all the way down to the damn culture and people twisting your minds, confusing you, your family, your children. Come on. I think shame on you if you're going to sit there and do nothing.
Now, granted, I told you, brother, you're not here to die for nobody. That's why it is God. It is Jesus. And now that's why I said I know why people get scared of this. You know why? Cuz this is how dumb [ __ ] wage war in the name of whatever religion they want. Like I told you guys, I you don't see it.
Remember how many times have I talked to you about pacifism? And you know I hate war. I hate it. And I tell you that. And then I even said, you know, after GK Chesterton, it did open up my eyes a little bit. The soldiers and the people and their honor and what they've done. again. The veterans y'all playing, man.
I I think I've tried to run away from this. But yeah, bro, I don't know any other way to tell it to you, Chad. This is a battle. It's very simple. Can I You want me to make it clear for you, bro? Understand this now? Otherwise, put it down. Put the cup down. Put it down and walk away. Now, you want to know you what I'm talking about?
The truth. The truth, mother. Oh my gosh. The truth. You don't get it. What do you think is going to happen if you speak the truth? H Come on. What have you seen happen with me? let alone some people who have even spoken more truth ever and actually died for it. My god, you're going to get stoned for it.
Why don't you get it? That's why I said, man, it's so easy to see it sometimes, right? Like, come on, bro. Y'all lying. You're faking it. I know. That's why I'm saying, bro, you might as well just tell me you're here for the money and keep it that way. That's fine. I'll respect it more. Believe me, I will.
Not this. Oh, yeah. Yeah. I'm down, man. You going to get suited up. You the first one to dip out right when it Right when the stone fly probably. Stop playing. What do you think's going to happen if you speak the truth, living the truth, if you want the truth? What do you think is going to happen to you?
Where's all this fairy tale [ __ ] coming? What if I don't want to get stoned? If you want to hold the truth in silence, they're still going to clap you. You know why? Well, you haven't seen what I've done. What do you think the last 5 years was, bro? Come on. You guys knew what I believed on everything.
And I tried to tow the line. Did I not? You've seen it. My brother, there's no such thing as you're going to hold it silently or what's going to happen. You're going to hold it silently until what? Until you bend it. And that's what I'm saying. You might as well just back out now, bro. You might as well realize you don't really want the truth that bad, bro.
The truth is a let me put it this way. Truth is like drugs in the car. You get pulled over and you got some schedule one [ __ ] dog. You're going you got Do you have it on you? It's like carrying around a gigantic bag of money on the New York subway. Oh, Chad, I hope you feel me. So, I don't know what to tell you, bro.
But yeah, you should decide. But this is I love it. But I I Let me put it this way. I want you to get a lawn term. You should. I thought I wanted you to be model citizens, but no, man. I don't think that's what we're here for. You know that? I really did. I used to think, oh, let's be model citizens.
No, that's so Roman. That's so Greek. If you really think about it, it's very simple. You are here to clear the way. Uphold the truth. Otherwise, he's going to die with you. That's the only option. And it's going to be a battle. Look around. You know, the cool part about it is it has benefits. Like I'm saying, bro, nowadays, I don't know how it happened.
Right. When I saw the gap, I I I I pressed it. Cuz I'm telling you, bro, having truth in this world filled with lies, bro. And that's why I think some of you are going to get tempted. It's really something good. Think about it. So yeah, man, you do it and good luck. But now this is why it's beautiful.
And but for all of you too, this is why I'm saying, yeah, you could do whatever you want, man. You want to help people, do whatever, but that's why I'm saying I can't be around you. I don't [ __ ] with you. Go ahead. If you want to learn and make money, be my guest. But you don't I don't want to hear from you.
Do you see why you're either a warrior on this or you're not? If you don't want to die for the truth, I guess even die spiritually for the truth or die to the world for the truth, then go do something else. I never thought it would be like this. You guys don't get it. I never thought I would ever be saying this [ __ ] You know why?
Cuz the world never was this crazy. I think it's crazy in a good way, too. But that's just the fact of the matter that right now it's just like bro the where we are going where we are headed unfortunately that yeah the the truth has beencome very beneficial and very dangerous I would argue it's probably one of the most dangerous thing and that's why we need to be equally yolked.
If you don't believe that, that's fine. I don't care. Like, you see what I'm saying? But unfortunately, to run and to do what we need to do, I can't be around that energy. And I don't I don't think any of you could afford it either, to be honest. But do you know what's crazy about this? this. So, let me share with you what I already wrote because I wrote this before I heard that and it illuminated a lot.
I was already telling you guys about authority, was I not? And we talked about it. You know, this is one of the things, bro, that I just think this is all of you have so much authority. Every single one of you, dude, you are on this planet. You could do what the angels cannot do. You could do what the devil cannot do.
Look at all of the crazy stuff you could do, man. It's amazing. You because you have that authority. It's been given to you. This is what I wrote down before. I wrote down that G Jesus is a commander. Do you not realize that most of even during Jesus's miracles, there is even biblical orders? But how he would do things, they were literally like military orders.
These were commands, commandment. Again, why did David thank him for for violent for war? You don't get it. Jesus was a commander. You don't Why did Do you see why the Roman soldier you that story, the faith? Think about it. Why did the Roman soldier understand that so well? Why Why was it randomly about a centurion who, you know, think about it?
That's why Jesus said, "I I that amazed Jesus." Isn't that funny? So that's the thing, man. If you have authority, you have to use it. And if you don't use the authority you have, my brother, that's fine. I can't be around you. And at the same time, that's also implying, bro, whatever you want, don't want, again, do you want the kingdom or not?
Whatever you want in this life, you could either take it or leave it. But let me show I I can't even say this one. But this is the first one. Are you ready for the first command, the first military order and how he did it? Mr. Jesus, Mark 7:34, there was a story of a mute guy. He was deaf and mute. It's funny cuz it's crazy.
Like put his fingers in his ears. He did stuff and then boom, the guy could hear. But do you know, tell me the story. What did he do? What did Jesus do? Mark 7, there's a a deaf and mute guy. How did How did Jesus heal him? What was the miracle? I don't even know if this is the right way to say it. He did.
He touched his tongue. He did a lot of things. Yeah, that was another one. He spit on the ground. Yeah, right. Yeah. No, like I saying, war, battle, order. He is a commander. There's many stories of Jesus. He is in situations. He did not beg. He did not run away. The the miracles were literally commanded.
Yeah, he commanded him. How did he command him? It's in the book. It is in the book. I'll read it to you. Like I said, it's a hard word, but there's many of these. You've read them your whole life. You've probably just glossed over it. We're going back to our good old uh Aramaic. Put his fingers in his ears and then touched after spitting touched his tongue and looking up to heaven he sighed and said to him a fatha that is be opened.
Yeah, there you go. E P H P P H A T H A. That right there is one of your commands. That was a order. That was with authority. That's what that was a it's a secret, not secret word. A fatha think he didn't pray. He didn't Do you don't think that's weird? I do. I remember reading that, but I never really paid attention to it.
That's what I'm saying. Once I was looking at this, I wrote these down not too long ago, and then I heard that and I'm hearing this again. You guys know my pacifist view. That's the funny part about this. So, a fa that means be opened. He literally commanded it to open. My brother, anything that is closed by the enemy, do you realize you could open it?
Guess what? Some of you don't believe that. That's good. Move to the left. You get what I'm saying? A fatha. Anything closed, you can order it open. What is loose in heaven will be loosed on earth. Does that sound familiar? be open. He commanded it to open. My guy, what do you think that is? This guy is not He amazed the people, but that's not that wasn't like soft.
That was something very spiritual. It's a command. So, let me just tell you this way. Would you think something is locked up in your life? Think about it. Are you do you think I again I told you some of you telling me, "Oh, they're cursing me." No, they're not. My brother, I hope you I hope you take the truth and stand in it and use the authority.
I think some of you need to start opening things. A fa That's the first one. But do you not get that? Wasn't a suggestion. It was a military order for the spirits. I mean, hey, don't take my word for it. And then Mark 5:41. What? Do you know that story? Go to that one. And these are all the miracles.
You know the girl, girl's dead. He goes in, he heals her. He's like, "Why y'all making commotion? Why are you making a commotion and weeping? The child is not dead, but sleeping." And they laughed at him. But he put them all outside, took the child's father and mother, those who were with him, and went in where the child was.
Taking her by the hand, he said to her, "Talithum," which means, "Little girl, I say to you, arise talakum." That is your second commandment. Not even a commandment. command arise. Oh, are you I don't know if y'all feeling me, bro. These are not suggestions. These are orders. Be opened. Be open. A faatha.
Be open. Open it. Don't close it. Open it. Talitha arise. Oh, come on. What happened? Okay, tell me this. They're on the boat. The weather getting crazy. Jesus sleeping on the boat. What happens next? What does Jesus say to the water? Do you know? Says, "Be still." The storm stops. Oh, brother. I hope you feel it, man.
Peace. Be still. But these are all commands. This is all authority. This is all non-negotiating. And look at the topics. Be open. Arise. Be still. These aren't Do you not hear it? Go, go, go. Open. Crack that down. That must be open. Arise. Halt. And it says, "Be still. Get up. Open." Y. Oh my gosh.
My brother, you have way more authority than you think. He says, I have given you the authority. What does that mean? I think you'll figure it out. That I have given you authority is in the past tense. That means you already have it. But yes, I got to hear that. I had this written down. Jesus was a commander.
All of these are commands. None of these situations he was in where they negotiated. They were all commanded. That's why it tripped everybody out. I think some of you need to start commanding more out of this life. Some of you need to start commanding more out of the truth. And guess what? If you're not, I command you to leave.
We don't. I'm sorry. Be still. Be still or depart from me. That's another one. But that right there, man, and I don't know who needs to to hear it, but you don't get it. These commands in your life will help you. You don't see the practicality. It's very simple. Be open. Arise. Be still. What part of your life does that speak to right now?
I think there's things you need to hope in. I think some of you li are lying down and you need to you need to lie back up or you need to you need to rise up to the level that is being presented to you. Some of y'all are in a place right now all you got to do is be still. Y'all don't feel me, bro. It's interpreted as I've said it to you many times, brother.
I'm done. You're you're negotiating. Spy is dumping. I don't even know if the internet's on. But that's your answer, man. That's what And let me just put it this way. If you don't think you could command your life like this, I can't help you. Not saying do whatever you want. You could listen to me. I don't ever want to speak to you.
I would encourage you that if you truly believe this, I don't think you need to even speak to anybody who doesn't for this is your power. This is your authority. I encourage you all to use it. So take that to the bank. That is your philosophy, ladies and gentlemen. Ah, make sure you guys are subscribed.
We're live Monday through Friday, 30 minutes before open. Arise. Be open and be still, baby. Amen. Amen. Uh, RFK. What? They're talking lower drug costs. Yeah. But yeah, I think I that does explain a lot though. I don't. That's what I'm saying, bro. If you all are going to try to have doubt, all that bring other lack of authority, you you you're more than welcome to listen, but I don't want to talk to you.
And I think you will you will hurt people. And if you can't uphold the truth and you you're not going to help with the culture. You are working against it. You're not willing. You want you don't want to have a fight, don't have a fight. I do. I'll fight anybody who goes against the truth. I don't care.
God made me like this. He made me too good at it. Same for some of you. Some of y'all, y'all built like that, too. You know that. Some of you, your whole life shows your power and authority. Be open. Open it up. Open the power. A faatha. Open it, dog. What? What can't you have? That's what I'm saying.
If you're going to inherit it, be my guest. I don't like the Nepo babies. Take it and you won't take the And I don't think this is a bad thing. That's what I'm saying. You say, "Take it. Take it." You see how people use people want to take bad and do things that are bad. I want you to take the kingdom to live in the authority that God already gave you as a citizen of heaven to come down to this earth and show culture to a thing called time.
So yeah, man. I hope y'all feel it, but if you don't, that's okay. But we will no longer passively sit and take anything that goes against the culture. And if not, it's time for war. Yes, you go against the culture. You go against the the little ones, my brother. I am waging war, but only the spirit otherwise.
Welcome. So, God bless you all, baby. They don't like that. Well, all right then. I'm just trying to taste some, so let me taste. I'm just trying to eat some, so [singing] let me eat. I woke up and be smoke. They still asleep. Told them hit they free throws and back on D. I could hold the L, bro. That's on me.
Told them take the game slow. Keep the peace. Looking at the table. My enemies don't know where I [singing] came from. I'm like money ain't the motive but it serve motivating. You ain't a hoe with love complaining in the celebrating. You sell a home you know I'd love to have a conversation. We was buying cribs before you knew about inflation.
You ain't got to give me credit board the banks give [music and singing] me a lot of that. I meant it when I said it. We going to take it all and give it back. I learned a couple lessons. The wisdom that came from all the bad. I learned the repetitions. I put that [ __ ] on my dad. My money [singing] ain't getting lag.
I want it could get it now but I cannot force the hand. I buy that [ __ ] when it's down. Your homie [singing] just look around. We did it. I say you're bra. We b that [ __ ] from the ground and defend this [ __ ] They saying y'all ain't feel it though. Nah, but we ain't need them though. I ain't being cocky.
I just won't look in the mirror, bro. Do it more than talking. The empire empirical. Every time I sign it, boy, still feel like I'm just trying to so let me speak. I just trying to eat some. So let me eat. I woke up and be smoke. He still asleep. Told them hit the free [music and singing] throws and back on D.
I could hold the L, bro. That's on me. Told them take the game slow. Keep the pace looking at the table. with my enemies. [singing] Don't know where I came from. I'm like market's going to crash, but I can kick another lesson. Till the curve uninverted and I don't talk recession till the dollar was stronger than I ain't really stressing, but the fact it won't crash it until the Fed ad [music and singing] 15.
Boy, the kid already seen this [ __ ] Only way to get tricked off [ __ ] is to believe in it. 2022 [music and singing] like 92, you should go read this [ __ ] Japan and how they move might really make you think they lead this [ __ ] Playing hot money, boy. It sound like today I'm not playing. It ain't funny.
Even the fix was race race. Both the problem and solution started with a central bank. Call it what you want, but that one cost a decade. long term. Am I mad or just passionate? Are you fam or just acting it? Know I talk a lot but I always keep passing it. Got to keep it in the roto. We are not the same.
Like rice isn't risoto. All the real ones know it's always no photos. Hit the market crash. Stop packing. I'm the go-to. Just because you know me, that don't mean that I'mma know you. Talks nontop. I am really him. If your name not B, we ain't really friends. Franklin at the end. If you ain't getting that.
I think all y'all do sed it or worse. I hope it's not hereditative. You ride the wave, but I invented it. I saved and then I started lending it. Made trades then I put it to another [ __ ] That's a formula I did my whole life. My bro knew I was quick, so he taught me how to fight. Said you being followed.
If they take three rights. If they don't want your chain, then they want your life. So I go and share both of those. If you kill me or you rob me. Either way, the money overflows. All about a dollar. You can tell my heart is really cold. Something in my head cuz [singing and music] my soul is getting really old.
Don't let a gamble tie your mind up. Nah, don't let a [ __ ] [ __ ] your life up. It's true. Nothing good happens at the night, bro. Money is fun, son. And I hope you made your mind up. Tell me who the line. Show me where you find them. You can have a roll. It don't matter when your time up. Handed him a Bible.
When he asked for a light, bro, we are not the [singing and music] same. Like a lion's not a tiger. The difference is the difference. Ask my old [ __ ] [ __ ] Ask my new [ __ ] Ask the YouTube in the Twitch. From the hills to the trench, in the game to the bench. The difference make the man for the employees of a company.
We're not going to allow Medicare anymore. And the third big ask is to governors. If you can hear my voice now, please listen carefully. Medicaid monies spent on these biosimilars will be dramatically red. This is related to the Eli Liy exist hopefully with access to all the medications that can be lifeaving changing at the same time education and other social services.
Take advantage of the work done in Washington to allow your hope you know I don't care about anything else a bountiful drugs at the guy you hold the truth they going to get you but I'm ready and so are you. If you add doubt, you add anything, I love you, but I'm gonna still [ __ ] stomp it out. All right, we'll take questions for us.
Please keep your questions what we're here. Um, it doesn't matter what I think God don't care what I say outlet. First name and last name. He's not He knows my heart and what I say. It's time brothers. So, thank you sword. Cut it down the middle, brother. So you offered the example of Humumera where we now see 10 biosimilar competitors, some priced at more than 80% off yet Abby still controls the vast majority of the market.
What are you going to do for specific cases like that where we see an influx of bioimilars and yet they're still not gaining traction on the market? And and then on interchangeability, can you say anything? I know the FDA has already approved um biosimilars and as interchangeable without running the switching studies.
What what is new that's coming out today? Yeah. First of all, there have been uh waiverss of those switching studies that have been granted by the FDA. Now, we're going to issue clear final guidance that those are not required. The uncertainty makes it difficult for drug developers. As you know, uh Zach, with uh capital markets, they want predictability.
And so knowing that now they can invest in a biosimilar development and have a time frame of coming to market from uh being at the drawing board to actually coming to market of now 2 and a half to five years instead of 5 to 8 years. Uh and and we we think we can also shave off some of the time that it takes for the FDA to approve biosimilars.
we've identified ways that we can streamline that process as we are with other drugs. Um so you're you're correct in that some of those waiverss have been issued. So we are going to make it very clear now and offer cure guidance with hum. the hum example that you described. Um, let's be honest about what's going on.
Sometimes the branded biologic manufacturer is paying the PBM to make sure that biosimilars are not added to that formulary. We're calling for increased transparency. Uh, you can see we talk every day. We talk all the time. This is a top priority for Dr. Oz to increase transparency and to make bioimilars a priority.
And so he's asking um many of the um stakeholder groups that he has access to to take a look at biosimilars that includes Medicare Advantage plans. It includes Medicaid plans. It includes Medicare part B and D. Uh biosimilars are in both parts. So um we I I think you know we're we're not going to sugarcoat things.
We're going to be very honest about what we see in the market. I'm surprised none of them are like moving though. Something that we need to call out. Now you can stuff if nothing is like really today's weird and you had to behave. We we can do that. We can talk about the merits of that or we can create more intense competition and let the market forces do some of that.
So when hum had its biosimilar come out seven years later it should be about two years or if the biosimilar starts in development earlier like it does in Europe maybe one year or half a year. Um but when you have that uh gap it allows um you know a longer period of of of no competition. So we want to see more competition and and we want to see more innovation both Hi, Emily Cop with the Daily Caller.
This is for Dr. McCary. You said that FDA wanted to do this before now. Um why didn't it happen? What forces were at play there? And to follow up on Zach's question, um my recollection of the um Trump RX executive order is that it proposed uh FTC action perhaps if they didn't come to the table. um some of the protectionist strategies you're talking about, could that see uh FDC action also?
Okay, thanks. Um well, first of all, at the FDA, there are great ideas that just have not gotten daylight. Take for example uh our work on removing the nine petroleum based food dies from the US food supply. They've been talking about that for 35 years. They had a citizens petition and two business days before uh uh this new administration they took action on one of them.
Well, within weeks we took action on all nine. So, there are great ideas that just have not gotten daylight at the FDA and this is one of them. Yeah, I don't know, man. Seeing the mired bureaucracy that has is going to hide our video similars. So I have a preview, but we spend a lot of time listening to people on the front lines asking them, "What big ideas do you have and what we can do that's meaningful that has an impact?" And so in the morning, we've announced a ton of these reforms, reducing animal testing requirements.
I've been talking about that for 20 years now. We've got modeling and we have our road map public and we're going to make another announcement on animal testing requirement elimination. NO stuff is still on the Trump RX. Trump RX is genius because you can bypass healthcare's middleman. If you like healthc care's middlemen, marking up the price of drugs and taking kickbacks from the manufacturers,
use the current system. But if you want another option to shop for a price to see if that price is better, that's what Trump RX is for. It allows direct purchasing. Yeah, Fiser is finally moving, but none of them really are doing it. Thanks, uh, David Lim with Politico. I wanted to you mentioned that this final guidance is coming soon.
Can you put a timeline on that? And then secondly, I wanted to ask about the role of Congress um interchangeability obviously since could you talk about whether you think that this move um requires them to take any action to prevent litigation risk um from um bioharmaceutical companies. First on the final guidance I would say 3 to 6 months.
Uh I think the bonds is the interchangeability. Did I sell those? It's very complicated because we have the opportunity at the FDA to designate I think they're just unwinding because they were just we're saying basically we think all biosimilars should be interchangeable and then states have their own rules need to be consented or not for for substitution.
So, we're planting a flag saying we should [clears throat] get promote it. We encourage it. And I look, I would love it if Congress uh um solidified this in law, but we're not going to wait for them. Thank you. Thank you. Hi, Paige Cunningham, Washington Post. Um this question is for Secretary Kennedy.
The president has called for breaking up the MMR vaccine into three separate shots. I'm wondering, are you going to be Speak up a little, please? Yeah. The president has directed has asked to break up the MMR vaccine into three separate shots. Is that something you're going to um direct ASIP to consider or take action on?
We're looking at the feasibility of that now. Can you say anything more on that? Oh, whoa. CRL, they're getting clapped off of it. Damn, they already dropped four. Um, you're saying here that Daniel Payton with stat, you're saying here that you want to reduce the evidence that's required. There's only one on there, but the administration has argued again and again that evidence got hit.
That's the first one to move. Can you help me understand why more evidence is needed for some things and other things you want less evidence. So, can you just repeat that? You said that. Can you speak up a little? Of course. In in this announcement, you're saying that biosimilars, you want to reduce the evidence needed for them to come to market, but previously the administration has said that vaccines and other biosimilars, it there's not enough evidence for them to be on the market in the first place.
You suggest that you need more evidence. Can you help explain the differential there? Well, the with the with the long uh chain molecules like bioimilars, the brand drug has been test thoroughly tested. It's been safety tested. It's been efficacy tested. It's been proven. But what we're saying now and
yeah, they're still gapped up. implement the same pres kind of do it. What we talked about this morning, which is if the active ingredient works, if it's been proven safe, if it's been proven efficacious, then you ought to be able to get on the market right away, the same as small molecule. With vaccines, um the issue is very different because none of the vaccines currently recommended for children with one one exception, the COVID vaccine has ever been tested in pre-licicensing trials against a for safety uh in a randomized placebo control trial.
So, we're the starting point is very very different with vaccines than it is for biologics. Um, thank you very much, Arthur Jones II with ABC News. Can you just talk about Secretary Kennedy the uh uh amount or the significance this announcement will have on struggling American families as you mentioned at the top of this?
And secondly, I've spoken to a number of Republican senators actually about the linkage between pregnant mothers using Tylenol and this uh risk of autism or other health disorders and unborn children. And one prominent senator told me that the evidence there is weak and there's no relationship. Can you respond to that
for Tylenol? For Tylenol. So again, that idea that we had in the morning about if you wanted to go bigger, you have a 20inut window. depending on which side. One side is cheap, one side they went down, but they're holding, but you can pull it off either one way or both ways. To pay for cickle cell anemia treatment,
you only get 20 minutes. The cause of that treatment is a million dollars. It cures cickle cell anemia, but it's a million dollars. If we could get a brandame drug um I mean if we can get a generic drug bioimilar that does the exact same thing for a fraction of the cost we can make that treatment available in every state.
Um it is right now it is it is barely economic for the uh for the insurance companies because they think that maybe the treatment the long-term treatment of somebody with cickle cell anemia is going to cost more than that million dollars. It's right on the borderline. So, if we could cut that in half, it would be a no-brainer for every single state to adopt it.
With Tylenol, you know, we've all said from the beginning that the uh the the the causitive association with Tyl between Tylenol given in pregnancy and the parinatal periods is uh is not sufficient to say it definitely causes autism. But it is very suggestive and it's suggestive in animal studies and core blood studies in observational studies from nation to nation and so there should be a cautious approach to it and that's why our message to patients to mothers to people who are pregnant to the mothers of young children is consult your physician and we have asked physicians to minimize the use to when it's absolutely necessary.
All right. Hi, Jacob Schwarz with Scris News. Thanks for doing this. Um, you mentioned at at the top that you want medications to be affordable, effective, and safe for Americans. We're speaking today on the day that window shopping began in the Affordable Care Act program on those marketplaces. And that shows that unless those tax credits are extended, those subsidies, uh, the average plan will increase for Americans by somewhere around 115%.
Do you believe that Congress should extend those subsidies so that most Americans do not receive significant increases in their premiums? Where'd you get that 115% number from? Kaiser Family Foundation. They retracted that. That that that data was run inappropriately. They changed the messaging on it.
Go back and look at the website. Here's the truth. The window shopping is already revealing that the average American is going to pay about who's on the ACA between 100 and 400% of poverty level is going to pay $50 total next year. It's going to be $13 more than this year. You want a can be a lot of hair pulling and scratching, mudslinging, but the fundamental reality for most Americans is that although it is an increase in spend, that's not the big issue.
fundamental flaws within the ACA as they were there's a decision tree you guys know that we want government reopened so that we have the same thing with the probability running the numbers trying to help the content to make money off of it then at this point on the short term it's not going to help dealing with the bigger launches that we face from the beginning of the year I don't think the enhanced want to do the created for going to do the five another probability you know until this year just to get through and I think pretty much ends with era also otherwise I'd stop gambling if you're not aware of what you're doing and if you can't pick up on it I just think your money is going to be you could have made 50%
26 nearly 60% of eligible reenrollies will have a plan but in their chosen category at or below 50% after those tax credits that's down from 83% in 2025 so that's a pretty significant number of Americans That's why the market probably going up a month range. Are you concerned about those Americans being able to afford their premium payments?
I'm always concerned about Americans being able to afford uh payments. The question then becomes, what's the best way to fix the problem? The ACA promised many things that just were not delivered on. Uh and I don't know why $50 is the magic number. I picked that, by the way, because that's historically the number that's been thrown out there.
Half the people on the ACA, half the people on the ACA today, listen carefully, filed no claims last year. None. Zero. So I have to ask myself, you should be as well, if I had insurance, why would I never use it? The concern that has been raised is that a large number of the 12 million people who never used their claim, their insurance last year may not legitimately have the insurance, know they have the insurance, want to have the insurance.
So we have many bigger problems. And to fix the issues, we have to have Congress and this agency, CMS, but the entire HHS staff back at work. You can't do that if if we're furoughed because of uh I think partisan bickering at in um in Congress. So again, if you're going to do any front run, just sell it right before otherwise, good luck.
Oh, do they end it? All right. Well, yeah. Other than that, I mean, the premiums are kind of holding. Some of the calls could still get slashed. Puts are cheaper, but then we're not doing much. And then depending on if PAL's a dut or not, uh, it's all going to lead into the the earnings. That was crazy.
Yeah, you guys are just pumping. So, if you guys want, do one more and I'll turn off the stream if you guys would like cuz you But then again, I may not turn it off. Maybe we'll just have to change it again. But you guys realize like these guys are just pumpers. They're not even like So it wouldn't be fair to punish all of you.
But I still at the same time can you guys shame them all? How about you guys do that and do you attack them? But at the same time, bro, it's just uh Yeah. Like you guys know it, right? Like I I want you are you at least aware of it? Like you know, they're like, "Okay, yeah." And then they're either buying a member.
Think about it. That's it's a really cool audience that we have where they're like they know you guys have money cuz like they're willing to pay to just tell you a bad play. So yeah, just think about it, man. Mhm. The Fed monitor tool. He's d he's always been data dependent. So I don't know. Ken View is actually going up on that now.
They just left. Check Ken View. Was that because he gave a he gave a positive statement on what's it called? I got a shitty one. They were cheap. But yeah, he made a positive statement on Kenview. That's it. Yeah. All he said was remember I kind of he didn't, you know, he sounded like a liberal when he explained the Tylenol [ __ ] or he kind of gave them appeasing.
Oh [ __ ] those already hit you. to a window shop. All right. 300% made free. I got a bunch more just I see that's a good play. But you see what I'm saying? They ain't going to [ __ ] They're going to tell you that [ __ ] too late. But that's why I mean locked in. You guys might have got it. Yeah, those just went 700%.
Nice. We can hold those too. 800%. Nice. No, those are shortterm. Yeah. Well, that one go look at it. Go look at it and then ask the question because you'll see it. If you look, you'll see it. That's the best part about it. Girl, you a longterm shopper. I don't even know. I think it was just him sounding positive.
Yeah. What? Like I didn't even think that one would go, dude. I got the shitty one. Can we get in the money by tomorrow? Oh, we Oh, we might be able to if you got the closer one. Yeah, you would have been good. May Isaac banger again. Praise the Lord. Stomp anything else that gets in your way. 800%.
I'm gonna take another set. Got another set. I sold them. So, I got one more set that'll hold. So, I just cashing out a little bit. Mhm. Yeah. He said, no, he was really positive about it. He just said you can't make that assumption that it causes that, which, you know, that made a lot of people worry.
I remember we hit that [ __ ] on the way down. So, we got it on the way down and a little bit on the way up. We made a lot more on the way down, but yeah, not bad. The black line, that was the one from yesterday. That one's just been melting. But yeah, get ready for Powell. None of those other plays moved though.
Honestly, some of the front run plays, they just held. Actually, one of them went up. Interesting. Wait a minute. Let me flip one of them. But look, the premiums actually stayed up. So even though it's like kind of like tripping, you got a good you got a good feel. Hold on though. I didn't think about it.
I got to switch it up. Yeah, bro. No, the premiums are climbing though. So hold on though. It's kind of lagging. Give we got p five more minutes you guys. So yeah, T minus five, but the premium just went [ __ ] up. So that next green candle, but hold on. I need to move one around. I didn't realize it.
I have way too many [ __ ] calls just cuz the Nvidia. So yeah, you a long time shopper. Yeah, I pulled I pulled one of them back. All right. And then Oh, he's moving. Honestly, some of these are going to be [ __ ] though. Thanos, I'm locked in. What up, baby? All right. Yeah, the Kenies are ripping, bro.
They took away the [ __ ] bids after I broke the computer. They took Look at Go look at the one with no bid. That's mine because they won't [ __ ] Yeah. What the [ __ ] you guys? Damn it. Okay, they didn't like that. Well, all right then, man. They [ __ ] robbed my bid, dude. Cuz they I was got I was getting the the computer was just eating it at [ __ ] 100%.
Yeah, bro. We're tweaking. But look what I told you about the front run. I didn't It wasn't the most optimal, but it held. Like, you'll notice those plays are still any call from like that range, they're still up. They actually went up or they're break even. So, you're not losing money depending on how, like I said, I moved one around.
The out of the monies didn't move, but yeah, here we are. I'll give you guys a gift on locked in. for everybody else. Long duration. There you go. But yeah, long duration, short term is what you want to think of. That's for all of you. I gave them the exact play as a gift cuz I'm just a non-friendly violent person.
But I do uh that's going to be the move if it ends up bullish. But then again, I said it last night, Jerome Pal is the turn. If we're playing poker, he's the fourth card. So although you would like to think he's important, homeboy is on his way out. The next thing is going to be the other one. Yeah.
So I'm glad you guys joined locked in. If you made money on Ken View, that should have paid for it. And then if you were able to make money on Ken View on a delay, you'll probably do a lot better without a delay. But then again, if you couldn't make money at $5, I don't think you'll make money at 50.
That's that makes sense though, right? I think and then get a longterm, you'll guaranteed make money. That's just how you do it, brother. That's how you do it. So, good luck and God bless America. But yeah, Powell here in 30 seconds. So, some of you guys will be on a delay. I wish you the best of luck and yeah, good luck, bro.
Oh man. All right. 15 seconds. All you got to do is watch for the statement. Let's see what it says on the uh what's it called? The one thing. How you say? All right. And we're off. Interest rate cut by a quarter percent. This dude is barely [ __ ] moving. So yeah, that's the turn. Not the river. Not the river, brother.
Interesting. So there you go. All right. We'll get rid of the puts if they might come back. I haven't seen the thing yet. They're jacking up the asks and the puts have not gone down yet. Actually, that's funny. So, yeah, get rid of them. Go. That put play was free. Literally, you had full exposure. Literally, they did not move them down.
But hold on. The bonds are dropping. But now, if you take both of them, you just made money. And then we could [ __ ] analyze it. But here, I'm going to it now. I already got out. It will stop shrinking balance sheet on December 1st. That's good cuz then we got what we wanted, but then it comes with time, but that might open up the door for uh nothing to happen if you think about it.
All right. Available indic Oh, whoa, that's new. So, look, available indicators suggest. That's crazy. That's different. Usually they say labor market indicators. That's really different. This is your first rate cut in a shutdown ever. So yeah, available indicators suggest activity expand at a moderate pace.
Job gains have slow. That's the same. Unemployment rate that's the same. Are consistent with these developments. Inflation's moved up since the year and remains somewhat elevated. That's the same. support. Yeah. December 1st, the committee decided to conclude the reduction. So, that's good that it has time.
He's giving you enough time and then pretty much you're setting up for that [ __ ] 2018, dude. Uh, but that's not even what you think it is. But, yeah, that's good. I think it's good for now because it gives you a lot of time to buy. Go back to the long duration ones and you'll see Jeffrey Schmid two descents.
Schmid said no cuts and then [ __ ] wanted a double. But yeah, I think it's really going to be back to earnings now. Go back to earnings front run. That's it. The questions about the uh the like what he says in regards to the runoff and that timing that little window into to December. That's going to be interesting.
It bought him some time to either be more bullish or or less or more bearish really. But other than that, I'd say neutral. I got out of any of the flips. I think I have one left on the call side. They kind of killed the premium. Oh, maybe I should have held the put. The put was up. It was just It went up and I got it.
It was like by one penny, but they didn't [ __ ] move. The calls are staying the same now. They're dropping bids. Individual stocks are doing a lot better. All right. A couple players came back. Check. Um yeah, bro. Nothing's [ __ ] moving off that. Yeah. All right. Well, wait till pow. You got about 30 minutes into buying treasuries.
Yeah, that's that's the whole thing. And they're ending QT. So, this is known and this was well aware, but now it's just going to lead into December 1st. You you have a timeline, which is good. and then it's not abrupt which I think is pretty smart on their part. Uh that's why he'll explain it. And then the available indicators that might give you some weird [ __ ] during the press conference, but for now I do think that QT is still the main one.
You got it's kind of a pseudo cut while while not overheating it. But pretty much starting December 1st, another month things are going to kick into a into a higher gear, I would say. Okay, they're raising some of the spreads again. But yeah, do what you need to. I would position I mean I think it's either going to be back just think earnings.
That's it. Just go back to earnings and call it a day because now give it what 25 minutes he's going to come on and then after that you go and uh it'll be whatever after the bell and then people are going to start interpreting meta, Google, all of that under this context. His I I agree. His words do carry less and less.
I I agree with that wholeheartedly cuz again, he's about to leave. So, it's you know, the new guy is going to do whatever he wants. But yeah, that wasn't too vault. Like I'm telling you, it's like the turn like if we were playing poker, but then that didn't change anything. Maybe a little sell the news, but yeah, it's not anything too wild.
Like I'm saying, plan for the earnings. See if I don't go and look at your earnings players. I bet you they didn't even move. Yeah, you guys don't know. You guys don't think that's weird. So yeah, go back to the Mag Seven effect. No, look at this [ __ ] Are you kidding me? It's all a scam. So yeah, wait till power.
It's nothing, bro. That was not You guys Yeah, look at it. Go look at every earnings play. It did not even have a [ __ ] news candle. That's crazy. So, I'm glad we played what we played on some of those indexes, but you really don't have to trip on this. I still have plays, though. I'm going to hold them.
What plays that couple of little small caps are moving? Yeah, nothing else moved, dude. telling you after the Nvidia all of it just big tech's more important and you have the weird big seven effect. I do think the bonds are a little weird but I was just showing you guys this morning the [ __ ] the long end of the curve actually got a bid for the first time in like a year.
So and I do think Powell or excuse me the Treasury is controlling that. So you know it is what it is. I wouldn't really trip on it. All right, let me see the premiums. Yeah, they they're just all they did was widen the spread on anything with skew like out of the money. Check China. But notice that you guys have to see this.
This is [ __ ] fascinating. Look, you guys don't think it's You don't have one [ __ ] news candle on any I know C is getting pummeled right now, but you don't have any news candle on any of the earnings plays. That's pretty funny, bro. I don't think you've ever seen that before. Even [ __ ] Nvidia. Nvidia should have moved more.
their earnings is in a couple weeks. But yeah, anybody reporting today or tomorrow, bro, they didn't even [ __ ] budge. Amazon budged. Amazon was the only one and they're Thursday. Apple barely moved. But like Google and Meta are hilarious. Okay, now you're getting the Now just go back to earnings front run.
I'm telling you, this is just all none of this really mattered. Sorry, Powell. We love you. And again, a little bit delay on the overheating because think about it by putting the QE off or QT off to the 1st of December. It's a month. So, you get one rate cut pricing the other two. We'll see what he says.
But then now the other like bullish bonds the you don't have to buy the bonds for a month. That Oh, wait. There you go. That's why the TLT went down cuz people thought T that's Oh, that's how they're stopping the front run cuz now you have to deal with it for a month. Think about it. 30 days. Little not too much duration, but yeah, that's why the bonds took a little bit.
Not only did they catch a bid, but earlier, but yeah, it's a delay. It's a one-mon delay. We all knew QT was going to end, but I think everybody got a little ahead of their skis and thought it would happen like right away, and it's not. It's going to be in a month. They got to re-reboot the cloud, too.
The internet's not even on, bro. That's why, bro, I can't believe it. I've never seen that on a Fed day. What was Dude, none of them moved. So, yeah, you're in a different world, bro. People are the money and what's the position? Think about it. That means the positioning is so independent from today.
That's what we were talking about the other day. It's like, dude, these rate cuts like they affect short-term rates, but it's really about it. It's not like this is creating anything or stopping anything. That's why I mean, hence how we've bubbled up how we have. Fascinating. Did [ __ ] intel move? I don't know what happened with Northrop.
Yeah, but then Ken view is just moving like a normal news play. W. All right. Well, give me a sec then. We got 20 minutes till the presser. I don't think it's going to be that crazy. So, yeah, we'll find out. Jesus. Praise God. Amen. Amen. It's a call, baby. Hey. Yeah. If we talking plays, yeah, I'm in there like swimwear.
I've been there. I've done this [ __ ] for 10 years. You can have it all, but you've been scared. Big scare. Funny part, there wasn't even risk there. My thoughts belong. Yeah, I've been clear. No fear. Oh dear. Who you trying to control here? My God [music and singing] is the weapon. I ain't boasting.
Nah, it's done. Daddy said it's finished. Made me in his image, but that always made me timid. Wonder why we different. Don't you ever get it twisted. It's the only way we get it. Set apart from the start and the heart is in ours. It's a hippie with the love, but it's David with the Sard. I want peace.
So that means you going to kill me if it's war. Me chky can't beat on the arc. Want it easy or it hard? Want a genie or a god? Then believe me, little bra. You a child. You a son of the highest and above. Don't deny it. We don't like it when they tell us who we are. I can tell you who I was. I can tell you who he is.
I can make another song that's telling y'all about the credit. But for a second, keep it real. It's not the reason they will kill. It's the freedom and believing they want that to bring the will to but I rather have it now. And I ain't never backing down. Lying turn his ass around. Either way, I will remain up in his name and say it.
He had to say it now. How you going to take on a lion or a bear? You know that's not logical, right? So I can listen to it. Where are my bear fighters? Where are my lion? Actually, no bear fighters, actually. I got bug with video. That's not what I meant. But yeah, man. Let's get it. Let's get it. Not bad, bro.
Not bad. Just kind of boring to be honest. So, other than that, brother, just get ready for pal. You might, you know, the questions might cause a little bit more, but I really would be thinking about earnings. Very fascinating. I'm telling you, you don't see this too often. Uh, with how this play. What's that?
CLPT, Clear Point, Neuro, a Okay, a couple of other things. It's all value though. And bio. Hold on. Check XBI. XBI is not doing it. It's all small cap bio right there. Small cap bio and staples just got merckked. Yeah. No, no, no. They're getting ready to rotate that [ __ ] Hold on. Cuz look that none of this, this has nothing to do with Powell.
That's what I'm telling you. Michelle Powell is losing grip on the Fed. Yeah, I got analyst comments. This is This is dog [ __ ] dude. I told you it's sad. I cried about it. I did a fake cry last night cuz I just said you guys, you know, I've watched Powell for eight years. A lot of you guys come in during Powell, but yeah, dude.
I was telling you, bro, like straight up, we've watched him for eight years, but like that's it, bro. He's done. Like he It's like watching Shaq play for the Heat. Like, you know what I'm saying? or the Celtics even. Like you might he might still get a ring. I don't know. But it was just it's just not the same, bro.
He ain't breaking backboards no more. Like he's not it just his time's up. Whatever he does. Yeah. For the calves. It's like shack on the calves. Yeah. There. Yeah, bro. It's done. Daddy said it's finished. Bye. Oh, no. So, yeah. It's not uh I'm shocked by the [ __ ] dude. Meta is a flat, you know that?
Look at that. It looked like some of the people's souls on Twitter just did nothing. It just not. That's crazy with all this [ __ ] going on. I'm I'm amazed. Oh, dude. Yeah. So, well, watch out that staples are either going to bounce or I'm pretty sure they're going to rotate. It's all big tech still holding you up though.
That's why I'm saying there's a couple of things. It's all staples. I could pick it out. But yeah, that was a disappointment. I wouldn't even call it a disappointment. We knew this. We We were already kind of not preparing much. And I was even telling you the premiums. We took that 20 minute window and then that was it.
But other than that, it wasn't even like, man, it wasn't even crazy. fill my other [ __ ] I had other dog [ __ ] plays start to pop up. Just put in bids just in case Algo will eat it. But other than that, I think you should get ready for the presser. I'll point out anything that he says, but you know, I do think QT watch the bonds, but it's just a delay.
That's why I think again I think the bonds were even I was expecting something a little quicker so I could kind of understand this one. Yes, please. If you post a play, I'll ban the [ __ ] out of you. This is a long-term chat unless you're gonna pay me a lot of money and YouTube still won't even notify you.
That's so offensive. You know that YouTube the [ __ ] Daddy said it's finished. All right. Well, PA's going to be on in 14 minutes. I think people are going to wait for him. But I mean, you could just tell by look at the uh just look at the reaction in the big tech. Man, this is not I don't think anybody was going to change their mind off of this, let alone all he did was give you what you wanted.
You got a rate cut, you got QT, and and arguably, I would say it's a pretty responsible fashion. You know, I could applaud Powell for for that move, you know, but maybe I don't think Donald Trump would like it. Once again, too late, too slow. But I think it's decent. But that's why it's it's just all about earnings.
We said this again several times ahead of this. Powell is the He's the turn card. He's not the river. The river is going to be after the bell. Once we get these earnings, if there's no Grim Reaper, if all of them get hyped off of earnings and the ones tomorrow, that's going to either set up your gap down or not.
And then you even have the China deal. But for now, all you're doing is getting big earnings in China now in the next 24 to 48 hours with a quarter point of lower rates and certainty that come December 1st, you will not have to uh a little less pressure on the bond market to which will help with some of the liquidity stuff.
But now the Fed is, you know, next month they will they're going to be adding to liquidity more so than anything else. Uh, he could come out swinging, but that's what I'm telling you. Even in a weird way, bro, even if he comes out talking [ __ ] and like isn't like bullish, like if he really wants to be aggressive, I I don't think anyone's going to listen to him.
I mean, let me let me put it this way. I wouldn't. You can say whatever you want, dog, but I know your [ __ ] contract is expired. You get what I'm saying? It's literally like a option contract where you're about to expire in a week or two. I don't even if it pops 5%, bro. He's a little too far at the money now.
That's what I'm saying. He He did play this nice and slow game for a while, but yeah, it's not uh that's it. It doesn't even matter. It'll pop, but it's it won't get you to break even. That's kind of how I feel about it. This Yeah, Theta does defeat Powell in this case. Yeah, literally Powell's like power at the Fed is suffering time decay now.
That's a that's a good way to put it. I wouldn't call it a dud. Just like I'm saying, I don't know if you guys all play poker. It's a turn card. So, depending on what you were holding, depending on, you know, we we kind of knew what the setup was, but like if that if this was strong, if the statement had big changes, if the QT was aggressive, you know, and it would have put something where you're like, "Oh, wow.
There's a flush on the board, it could have been big." But they just did everything very slow and small, and it's not it doesn't change much. It was a very it pretty much this car didn't change the odds of anything. There's nothing on the table that you're worried about that you weren't worried about the day before and there's nothing more you're bullish about that you weren't bullish about prior.
So now it's earnings and then I guess I guess he's technically the flop. But earnings really mixed in with the China [ __ ] tomorrow is what I would uh that's how I would describe it. All right, I'm getting the feeds up and then if my [ __ ] if I end up going offline, I won't cut it off on you. It'll probably be my computer crashing.
Okay, they pay they pay me $50,000 a month now uh for the locked in, but I'm still pretty ghetto apparently cuz I don't my computer going to crash [ __ ] So, thank you though. I love you. You should have made a lot of money in the last couple days. You know that all hits, all [ __ ] hits objectively.
And praise the Lord Jesus Christ. You know that for he's with all of you. And I pray you all command it and live a beautiful happy life in freedom. Mhm. Okay. I got one feed. 50k a month is crazy, dog. You're the one paying me. What do you mean? I feel you, bro. You know, I was I did the same [ __ ] for like free practically for the last like five years, bro.
That's what I'm trying to tell y'all. Like, wow, this is [ __ ] amazing. But I really I think I I would have done it for free. I did for half a decade, bro. I know, man. But yeah, it's it's a trip, dude. It's a trip. I see why they're they're all tempted to scam the [ __ ] out of you guys, you know?
Shout out Shout out all the other YouTubers of the world who don't they don't even like to give you [ __ ] I love giving you [ __ ] but I'm [ __ ] I'mma beat you down if you don't live up to your highest potential. I think that's more than fair. You know what I'm saying? That's more than fair. So yeah, I'm seeing I got what?
That's weird. Okay, I got one feed. Oh, I got another. Okay, well, I have a live look already. Steve Leeman just shot sat down. Shat down. Well, that's what I was trying to say, man. is like, you know, I don't know if people like get it. Just the whole uh you know, like even the poly market, all of the influence, all the affiliates, like you guys think I'm just talking [ __ ] but like do you not get it?
Like who is who's your loyalty to? I'm not talking about you. I'm talking about the creators. Like all I answer to is the people who have lawn terms. Like you get I like it like that. I would rather you guys pay me and you know exactly where it's coming from rather than, you know, again, and I make a [ __ ] ton in real estate and all the other [ __ ] you've done, but it's all been private.
You know, I make my own private money, but then it's like, dude, you don't see it. Like, you guys are the damn sponsor. So, that's why we need a good culture and a high culture. You know what I'm saying? Mhm. Oh, Danielle, you came back. Danielle, I thought about it. You were like, "You make money and I don't want to be like, you don't want to make money, right?" Cuz you you say I'm sad and [ __ ] or mad.
But then I thought about it and I was like, "You say I'm broke." And then I was like, "I don't want to be broke either then cuz if it make you wake up at 7:00 a.m. talking shit." You know what I'm saying? I I wake up like screaming. But anyways, that's another one. I'mma ban you now, [ __ ] Bye. So yeah, she'll get that one in a minute.
That's good. I had to get the poop out of me. You know what I'm saying? So, I let her slide the first time. I don't know why she came back. I didn't ban her. But yeah, I thought about it though. I was like, "Wait a minute, stupid." Wait, what the [ __ ] Did you guys see somebody come up on on screen here?
Did some weird looking dude walk by? Oh, [ __ ] I think B vibe. That was in the morning. They had that. But yeah, man. So, thank you for sponsoring me, guys. I love it. But let me just It don't mean [ __ ] You know why? Cuz freedom, [ __ ] Freedom. So, if you don't like what I say, you should unsubscribe now.
But remember, I've done a lot of crazy [ __ ] and they subscribed still. That's the crazy part. They've been threatening me for a long time, bro. Just get a [ __ ] lawn term. Remember, we are outperforming the entire world by 40%. I don't know who needs to hear that. But let me show you cuz I brought this up though.
You know, you could call it flexing, but I want you guys to know objectively. Just you got truth, bro. And if you really want, two-minute warning, go to this channel that you're on right now, hit the post tab, and if you really want to learn how to build a lawn term, just go through this and you can see what we did and if I ever add to it.
But, you know, all these accounts are up like 40 50%. You know, the account with that we rebuilt cuz we bought the farm, this one, that one's up a lot more cuz it's only a couple plays. So yeah, I I would encourage you to take a look and you could really see how we built it and the timing and all of it, baby.
It's beautiful. Tada. Yeah, that was savage. I thought I was being [ __ ] nice. That's crazy. Well, well then you guys got to get used to some things. Well, then yeah, see this is so like if you listen to to like the media, they hate you. But like I'm this is all free. You guys could get it off. Yeah, it's very factual, man.
I think that's a really impressive and a very hard year. And you know, we never had to panic on anything. And you know, you should see the options, but that'll [ __ ] throw you down a dark hole, you know, cuz if you don't set up your life properly and you try to trade options before long-term, you will [ __ ] your [ __ ] up.
Okay, guys. See, that's the thing. I I I I have to keep it real with you. Yeah, that was year to date. Mhm. I don't want to [ __ ] you guys up. And that's why it's like options will help you, but we've helped a lot of people, but they always when they avoid the long term and they don't really understand what they're doing, they they really really get clapped.
Mhm. There was a Kia ad in there. You could confirm. Keep the long term above all else. Hey, man. Yeah, you didn't miss much. Pal was kind of a dud. Just pay attention to the QT. Oh, what? [ __ ] hold on. This should be the faster feed, but I have another one tripping me out right now. I'm in a cup.
Okay. No, I got the fast one. Well, it's 65 cuz YouTube skims the 15 bucks and then they still don't [ __ ] notify you. Mhm. You think it's worth a thousand a month? Hey man, don't give me ideas, okay? But honestly, you know what's worth all of it? Your soul. Save your soul. You guys know money is paper.
Get knowledge. Get freedom. But yeah, thank you for the ideas. I love it, man. It's exciting. All right. You got one minute, guys. You should be on in any second. Tell me what you want from me. Take a look at FOMC. Hing up your head like this. Jerome Powell makes traders pissed. I don't know why he won't cut.
Wait, never mind. He just did. All right. I've been there. And that's what I'm saying though, guys. Like, and you know, these [ __ ] will sell you the option [ __ ] without a lawn term so quick, bro. Have you ruin your [ __ ] So, you know, with a lot of my good and bad, at least you're going to get the real way.
And it's effective. We have thousands. We have more homeowners in here than probably any stock trading chat in the world. And and not because they're Nepo babies, because they just saved a couple hundred bucks for a couple years in a row and they didn't fall for the traps. All right, man. He should be coming on.
There he is. I got one. He's out. Damn, they lagged it. There it is. Even the delay, y'all going to be early. None of these feeds got him. I should delay y'all again. Um [clears throat] my colleagues and I remain squarely focused on our achieving he didn't say good morning of maximum employment and stable
oh you just [ __ ] everybody on that bet although he didn't say good morning government data have been delayed due to the shut down you [ __ ] idiots I told private sector data he did not say good morning remained available suggest that the outlook for he didn't say good morning has not changed since our meeting in colleagues and I remain conditions in the labor market appear to be [ __ ] what's happening now and inflation remain somewhat elevated prices for the benefit of the American people.
In support of our in light of the balance of risks to employment and inflation today, the Federal Open Market Committee, did he say I'm pretty sure he didn't say it interest rate by a quarter%. Yeah, that and you had all those people pumping that back to conclude the last two months and they're like 1%.
Oh, that's more to say about monetary policy after briefly revealing. But he said little change in the data. Remember this is all pre-written suggested economics dude has been expanding at GDP rose again first shut down ever first cut in a shutdown and they said available data% last year data available prior to
I'll bet on the 1% economic activity may be on a I was just telling you how it's all [ __ ] a scam primarily you know somebody got an account cleaned on that right business investment in equipment and intangibles has continued to expand [ __ ] up While activity in the housing sector remains weak, the shutdown of the federal government will think I'm violent while it persists.
Some dumb asses got should reverse shutdown ends. Some guy who thought he was rich too got watched. He's like, I got 100 grand relatively low 10k job gain earlier in the year. I can say a good part of the slowing likely reflects a decline in the growth of the labor force due to lower immigration and labor force participation though labor demand has clearly softened as well.
Although official employment data for September are delayed, available both layoffs, like I say, watch this, but households perceptions of job availability and firms perceptions of hiring difficulty continue to decline. In this less dynamic and somewhat softer labor market, the downside risks to employment appear to have risen in recent months.
Okay. Inflation has eased significantly from its highs in mid 2022. Uh that sounded good but heated batted it down2% longer run goal. He will say short estimates based on the consumer price index suggest that total PCE prices rose 2.8% over the 12 months ending in September and that [clears throat] excluding the volatile food and energy categories core PCE prices rose 2.8% as well.
These readings are higher than earlier in the year as inflation for goods has picked up. In contrast, disinflation appears to be continuing for services. Near-term measures of inflation expectations have moved up on balance over the course of this year on news about tariffs as reflected in both market and surveybased measures.
Beyond the next year or two or so, however, most measures of longerterm expectations remain consistent with our 2% inflation goal. Our monetary policy actions are guided by our dual mandate to promote maximum employment and stable prices for the American people. At today's meeting, the committee decided to lower the target range for the federal funds rate by a quarter percentage point to to 3 and 3/4 to 4%.
Higher tariffs are pushing up prices in some categories of goods resulting in higher remember the 15minute windows and these are just pumping in is that the effect again wait till he starts saying commitment to communities and then again shift in the price level but it is also possible that the inflationary effects could instead be more persistent and that is a risk to be assessed and managed.
Our obligation is to ensure that a one-time increase in the price level does not become an ongoing inflation problem. In the near term, risks to inflation are tilted to the upside and risks to employment to the downside. A challenging situation. There is no risk-free path for policy as we navigate this tension between our employment and inflation goals.
Our framework calls for us to take a balanced approach in promoting both sides of our dual mandate. With downside risks to employment having increased in recent months, the balance of risks has shifted. Again, think about the whole risk management. That's what I'm listening for. Another step toward a more neutral policy.
Let's see if he forgets about it because it doesn't sound like today's decision. We [clears throat] remain well positioned to respond in a timely way to potential economic developments. We will continue to determine the appropriate stance of monetary policy based on the incoming data, the evolving outlook, and the balance of risks.
We continue on that, but you need it's something with the Dow. In the committee's discussions at this meeting, there were strongly differing views about how to proceed in December. A further reduction in the policy rate at the December meeting is not a foregone conclusion. Far from it. policy is not on a preset course.
He's saying that's relax. At today's meeting, the committee also decided to conclude the reduction of our saying we might not cut by the end of the year. That's what you're getting that on. Our long-stated plan has been to stop balance sheet runoff when reserves are somewhat above the level we judge consistent with ample reserve conditions.
So we maybe should have kept other clearly emerged that we have reached that standard. went up relative to our administered rates and we have seen more notable but again all he said was outstanding repo facility no preset course in addition the effective federal funds rate has begun to move up if you really want if you think it's going to hold
all the puts are the same price they went up 10% balance sheet decline unless you're playing a daily I'm looking at today's decision to seize runoff over the three and a half years that we've been he did what he always does throws Doubt holdings have declined to trillion. That's why I'm not I'm not too freaked out by that.
As a share of nominal GDP, our balance sheet has fallen from 35% to about 21%. In December, we'll enter the next phase of our normalization plans by holding the size of our balance sheet steady for a time. While reserve balances continue to move gradually lower as other people sayities such as currency
clearly emerged, we will continue to allow signs have clearly emerged and will reinvest the proceeds from those securities in treasury bills furthering progress toward a primarily treasury securities. Okay, now the puts there investment strategy will also help move the weighted average maturity of our talk.
Does he have a stock out of the outstanding stock of treasury securities? thus furthering the normalization of the composition of our balance sheet. Yeah, the far from foregoing conclusion. The Fed has been or he just admitted that there's a [ __ ] problem. Maximum and stable prices. We remain committed to supporting max our maximum employment, bringing our inflation sustainably to our 2% goal and keeping longerterm inflation expectations well anchored.
Our success in delivering on these goals matters to all Americans. It does. We understand that our actions affect communities, families, and businesses. and get live. Everything we do is in service to our public mission. We at the Fed will do everything we can to achieve our maximum employment and price stability goals.
Thank you. I look forward to your questions. December rate not certain is the reason for that. Tim, the Wall Street Journal, are you uncomfortable with how market pricing has assumed a rate cut as a foregone conclusion at the next meeting? As I just mentioned, um I think he heard us. I think he wants his respect back.
December meeting is not a foregone conclusion. As I've just said, say it again for the ALOS. Uh I would say that that needs to be taken on board. We had um you know, just say this, he wants to bat it down a little bit. 19 participants on the committee. Everyone works very hard at this and takes their obligations to serve the American people very seriously.
And at a time when we have tension between our our two goals, we have uh you know strong views across as I mentioned uh there were strongly differing views today and uh the takeaway from that is that we haven't made a decision about December and you know we're going to be looking at the data that we have uh how that affects the outlook and balance of risks and
I'll just say that you and some of your colleagues have framed uh last month and maybe today uh I won't quote what you there's a risk management exercise. Those are the two questions you had, but not the first one that you've taken out enough insurance. Are you looking for some kind of improvement in the outlook or could this unfold along the lines of last year where you made a sequence of adjustments and [clears throat] then waited to gather more information?
So the way we have been think way I've been thinking about it is um the the the risks to the two goals for a very long time the risk was clearly of higher inflation and then that has changed now and as we saw the particularly after we saw after the July meeting we saw the downward provisions in job creation we saw a very different picture of the labor market and it suggested that there were higher downside risks to the labor market than we had thought and that suggested that policy which we had been holding at a at a I would say modestly others people would say moderately restrictive level needed to move more in the direction over time of neutral.
If the two goals are sort of equally at risk then you ought to be at neutral because one of them's calling for you to hike and one of them is calling for you to cut. So if that if that got back into balance then you'd want to be roughly at neutral. So in that sense it was a riskmanagement uh and I would say the same about today sort of the same logic but as I mentioned going forward is is a different thing
CLA I'm Cla Jones Financial Times I want to trip too much. Thank you for taking this question. Um who the [ __ ] are you? you know, we we've [clears throat] we've we've just heard from you that that the um the discussion in December and the conclusion of the discussion is not a foregone conclusion. I'd like to just dig into that a little bit more about what sort of arguments were brought up.
Was there any consideration for instance of the investment we're seeing in AI and some of the the generation of household wealth through I think he wanted to just get a little bit more respect in there but I do think now you finally got the metas moving and [ __ ] that's a factor in everyone's pumped up this guaranteed cut but then again remember we talked about it all of a sudden everybody guaranteed today's cut point out that we have focused on the risks are to the upside side for inflation and to to the downside for employment.
We have one tool. It can't do both of those. So, you can't address both those at once. You've got a very different situation. So, you have some people people have different forecasts, right? So, they'll they'll they'll they'll feel they'll forecast faster or slower progress on one or the other. And they also have different levels of risk aversion and you know people some will be more averse to inflation overruns and some will be more averse to underruns of employment.
And so you put that together and as you can see from the SCP and from the public discussion that goes on between the meetings when you know participants go out and talk they're very disperate views and they were reflected in strongly differing views in today's meeting as I as I pointed out in my remarks and that's what leads me to say that you know that we haven't made a decision about about December.
You know, I always say that it's a fact that we don't make decisions in advance. But this is I'm saying something in addition here is that that it's not it's not to be seen as a foregone conclusion. In fact, far from it. Can I just ask a quick how much of the that one's going to add a little extra. They don't like that one.
Seen a money market. He's triple down on this already. A more short-term debt. You know, that could be one of the factors, but the reality is we've seen, you know, the things that we've seen. And um you guys don't know what's going to happen, right? Federal funds. Yeah, you're going to get a Trump tweet that we that we that we look for.
We actually have Trump said that Trump was pissed at this already. But yeah, this guy the place we're trying to really making sure for a long time, you know, that they're far from the foregone or a bit above uh what we consider a level that's ample that we would freeze the size of the balance sheet.
Of course, reserves will continue to decline from that point forward as non-reserve liabilities grow. So this happened some of it some things have been happening for some time now showing a gradual tightening in money market conditions really in the last call it 3 weeks or so you've seen more significant tightening and I think a clear assessment that that we're at that place the other thing is you know we're we're the balance sheet is shrinking at a very very slow pace now we we've reduced it by half twice uh and so there's not a lot of benefit to be you know to be holding on for to get the last few dollars because you know uh again the balance sheets reserves are going to continue to shrink as non-reserves grow.
So you know there was support on the committee as we thought about it to go ahead with this and and announce effective December 1 that we will be you know freezing the size of the balance sheet and that the December one date gives the markets a little bit of time to adapt. Colby, thank you. Colobby Smith with the New York Times.
[clears throat] So much of the rationale for cutting interest rates even as inflation moves away from the 20% tie it back into what got us here today market kind of no reason he's trying to keep his option high and the labor market either stabilizes around current [clears throat] employment levels or even starts to strengthen get a little of that respect how would that change your perception of how much interest rates need to fall from here would you then be a bit more concerned about underlying inflation and the possibility of second round effects from tariffs
yeah I mean in principle if if you were to see data that suggested that the labor market is strengthening or even that it's stabilizing, you know, that would certainly play into our decisions going forward. So, and we do have, you know, we get some data. The labor market is a place where we get, for example, we get the state level data on initial claims which which are sending a sort of a signal of more of the same.
We also get you job openings um and we'll get lots of survey data. We'll get the Beige Book and things like that. So, we'll have a we'll have a picture of what's going on in the labor market. And, you know, [clears throat] the fact that we're not seeing an uptick in in claims or a downtick really in openings um suggests that you're seeing maybe maybe continued very gradual cooling, but nothing more than that.
So, that does give you some comfort. But if this shutdown lasts a while longer and you don't have that data in hand, [clears throat] I I'm just wondering how that hinders the committee's ability to assess the state of the labor market and make the right policy decisions and and also how much is that factoring to the into the debate about December?
Yeah. So, you know, we'll we get we get like I mentioned what we get in the labor area. We get some data in the in inflation, some data in economic activity. Um, and we'll get we'll have a picture of what's going on. We also will have the beige book. Again, uh I would say we're not going to be able to have the, you know, the detailed feel uh of of things, but I think if there were a significant or material change in the economy one way or another, I think we'd I think we'd pick that up through this.
So, in terms of how it might affect December, it's really hard to say. December's, you know, this the meeting is like a six weeks away. If there was anything, we just don't know what data like you could still get. He's saying there is a very high level of uncertainty. You know that could be an ide but we'll have to see how it said put a speck on my name.
Well yeah it's not that big. It was again now NASDAQ went red for a second. [clears throat] Mr. Chairman can you characterize Mr. meeting in terms of you said strongly differing views. Was this a close call this cut or was it a close call maybe the other way because you had dissents on both sides. Thanks.
We shouldn't have cut. he got bullied a week ago the discussion about to the extent it related to you still have room for two more that's why he has to bring in doubt for December one for 50 and one for no cut so um you know that was a strong solid vote in favor of this cut this the strongly u uh differing views were really about about the future what does that look like and I think people are saying you know they're they're noticing stronger economic activity you know forecasters generally broadly have raised their economic growth forecast for this year and next year in some cases quite materially.
Uh in the meantime, we see, you know, a labor market that's kind of I don't want to say stable, but it's it's uh it's not clearly in motion. Not it's not clearly declining quickly. In any case, it may be just continuing to gradually cool. And again, people have different they have different forecasts and expectations about the economy and different different uh risk tolerances.
And so there's a, you know, you read the SCP, you read the speeches, you know, there are different views on the committee and and to the point where I where I said what I said. And just to follow up on the balance sheet, he said [clears throat] what I say. He definitely been watching. Stop it the runoff.
Now, does that mean you have to go back to actually adding assets sometime next year so that the balance sheet doesn't shrink as a percentage of GDP and become a tightening factor? So, you're right. the the the place we'll be on December one is that the size of the balance sheet that and as mortgage back securities mature we'll reinvest those in treasury bills
which will foster both a more treasury balance sheet and also a shorter duration. So that's what in the meantime if you freeze the size of the balance sheet the non-reserve liabilities currency for example they're going to continue to grow organically and because the size of the balance sheet is frozen you have further shrinkage in in reserves and reserves is the thing that we're that we're managing that has to be ample.
So that'll happen for a time but not not a tremendously long time. We don't know exactly how long, but at a certain point you'll want to start grow you want to start reserves to start gradually growing to keep up with, you know, the size of the banking system and the size of the economy. So, we'll be adding reserves at a certain point.
And that's the that's the last point. Even then, we'll be we'll be um we didn't make decisions about this today, but you we did talk today about the composition of the balance sheet. And there's a desire that the that the balance sheet be right now we we're it's it's got a lot more duration than the outstanding universe of Treasury securities.
And we want to move to a place where we're closer to that duration. That'll take some time. We haven't made a decision about the ultimate end point. But we all agree that we want to move more in the direction of a of a balance sheet that more closely reflects the outstanding treasuries and that means a shorter duration uh balance sheet.
Now, this is something that's going to be take a long time and move very very gradually. I don't think you'll notice it marketed it out, but but that's that's the direction. I don't know if he's going to make the problem worse or better with that answer. [clears throat] Janelle Marte with Bloomberg.
How are officials interp? So, some components came in lower than expected, but core [clears throat] inflation was still at 3%. So at this moment are what what are you learning about the drivers and also what are do you view that the risks are greater that the Fed makes a mistake on so okay so the September um CPI report we didn't get PPI after that which is which is important for translation into what we look at which is PCE inflation but we can still make a a pretty good assessment of what that will be when we get PPI they're
all right some of the chips are going up WD So directionally uh you know it was a little softer than expected and we always break it down into the three components. So basically um you've seen goods prices increasing and that's really due to tariffs and that's due that's in compared to a longer run trend of very very mild deflation in goods.
So that's moving inflation up. On the other side of that good news that housing services inflation has has been coming down and is expected to continue to come down. So if you remember a year a couple years ago, that's the one that just we kept expecting it to to to do that. Now it's doing it's been doing that for some time and we expect to continue that.
That leaves the the biggest category is services other than housing services and that's kind of been moving sideways uh over the last few months. But a significant part of that is uh non-market services and we don't take a lot of signal about the tightness of the economy from that. So, if you add all that up, a couple things to say.
One is that inflation away from tariffs is actually not so far from our 2% goal. People have different estimates of what that is, but it might be, you know, five or six. He just said without tariffs. 2.8 then, you know, tell me about the number not including tariffs might be 2.3 or 2.4 in that range,
something like that. So, that's not so far from your goal. Um, so then what does that mean? If you have a deal tomorrow, we look at that and the tariff inflation is buying the base is that it will come and it probably will increase further. Why is that a one time increase and you know we've been very focused for all of this year at making sure that is HD related or thinking carefully about what are the staples
what are the pathways through which it could become something else troublesome inflation. One of those would be, you know, a really tight labor market. We don't see that. Another could be inflation expectations moving. We don't see that. So, I think, you know, we we're we're watching this very carefully.
I think nothing on HD. It's not the case that we're just assuming I don't think it's going to be a one time inflation. We understand fully this is a risk we have to monitor and ultimately manage that 2% thing was good. Everything else though services inflation. What are some of the things that the Fed could do to address that?
Um and if especially when we're seeing potentially labor supply challenges. Sorry, say say that first. The stubborn services inflation that you guys service inflation. Yeah. Well, again, the the part of services inflation that is that that isn't she's just saying buzz word. She has no idea as we would like it to is the non-market part of
that's why he knew without knowing non-housing services. And you know overall that that's just something that that we we expect will come down. the non-housing the non-market part of it should come down. It largely reflects higher stock prices and and I mean financial services that are imputed rather than actually paid is uh is a big part of that but also just you know we think policy is still modestly restrictive in my telling.
So that's the kind of thing that should lead to a gradually cooling economy. That's one of the reasons you see a gradually cooling labor market is because you know Fed policy is modestly that that should also help get that. I I want to say though we're absolutely committed to returning. Oh yeah, we should ask about Fed independence term service.
I forgot the most important thing we'll see that how come we don't ask that incredible commitment and then there's no question that that's that that's where we're going. [clears throat] Chris, great. Thank you. Chris Rabber at Associated Press. So, there's a big investment boom in AI infrastructure right now as you know and wondering if the existence of such a [clears throat] boom um would indicate that rates are not that restrictive after all and could further rate cuts at this point fuel an excess level of investment there or uh market bubbles.
How is the Fed thinking about that bubbles? So I I don't I [clears throat] don't think that the you can beat down asset prices with a bad comment. You're right. There's a there are a lot of data centers being built and other investments being made around the country [clears throat] and around the world.
Um and uh big US companies are just investing a lot of resources in thinking about how AI which will be based on those data data centers run through those data centers is going to affect their businesses. So it's a big deal. Um I don't think that the spending uh that happens to build data centers all over the country is especially interest sensitive.
It's based on longer run it's you know longer run assessments that this is an area where there's going to be NASDAQ. Look at the NASDAQ. The Q's were the best and that sort of thing. You're literally that went break even point4. You got a half a% move on that particular interest. You might have heard the sensitive compared to some spy Russell and everything still right.
And then just a quick followup, could you data that you're looking at for inflation and growth in the absence of government data? Could you give us a sense? I think we know a lot about the jobs data that's out there. Can you give us a sense of what you're looking at to track inflation in the absence of government data?
Thank you. So, it's a lot of things and it it doesn't replace government. home builders, you know, all these uh it's, you know, it's just got me some of the many many names, price stats, uh Adobe and and others, uh uh and and um for wage inflation, there's ADP data. You guys remember that chart I showed you on the watch list?
And you're going to ask about spending at some point, you know, available to all of you. Again, it's many different sources and again including what we get out of the of the the Beige book, which will be sort of um come out midcycle as always and it doesn't doesn't replace uh the government data, but it gives us a picture.
Again, I think if something material were happening, if there were material developments, I think we would pick that up. I don't think we'll be able to have the very the very granular understanding of the economy while this uh while this data is not available. Howard [clears throat] uh Howard Schneider with our Reuters.
Thank you. I just want you to elaborate a little bit on what [clears throat] you said a moment ago about about the lack a continued shutdown making it more difficult to make a move in December. uh and that may make you more cautious to the degree you are relying on private data that isn't the gold standard or that you're relying on your own surveys or the beige book.
Do you worry at some point you're going to have to start making policy by anecdote? You know this is a temporary state of affairs and you know we're going to do our jobs. We're going to collect every every scrap of data we can find, evaluate it and think carefully about it and that's that's our jobs.
that's what we're going to do. If you ask me, could could it affect the the um you know the December meeting? I'm not saying it's going to, but yeah, you could imagine that that you know, what do you do if what do you do and if you're driving in the fog? You slow down. So that that could or could not.
I don't I don't know how that's going to play into things. Um we may get the data may come back, but there's a there's a possibility that it would make sense to be more cautious about moving. I'm not I'm not committing to that. I'm just saying it's certainly a possibility that you would say [clears throat] we we really can't see so let's let's slow down.
As as as a followup in the debate on this meeting uh [clears throat] we saw recently uh some pretty big layoff announcements coming from from Amazon and others. Uh wondering if that figured into the discussion at all that you're starting to see the turn this tension between growth and employment starting to be resolved you know to the detriment of employment.
Uh and secondly, uh some of the stresses here in the the bottom spur of the K as they call it, uh household health premiums that are going to be possibly be going up quite substantially, things like that. Has that started to become asked the first question. So those are [clears throat] a little too big that we're watching after everybody start the layoffs attitude was a little hawkish.
a significant number of companies either announcing that you not going to be doing much hiring or actually doing layoffs and the neutral rate was much of the time they're talking about AI and what it can do. So we're watching that [clears throat] very carefully and you know yes it could absolutely have implications for job creation.
We don't really see it in the um in the initial claims data yet. Now it's not a surprise that we don't. It takes some time for it to get in there, but we're watching that that really carefully. Um, but again, don't don't see it yet in the in the um in the in the initial claims data. On on the the K-shaped economy thing, I [clears throat] would say the same thing or similar thing.
We are uh if you if you listen to the earnings calls or the reports of you know big public consumerf facing companies many many of them are are saying that there's a bifurcated economy there and that um consumers at the lower end are struggling and buying less and shifting to lower cost products but that at the top people are spending at the higher income and wealth and there you so much much uh an anecdotal data on that and so we think there's something there.
Um so Edward, thank you. Edward Lawrence with um Fox Business. Uh so Mr. Chairman, I want to take another crack at the at the uh further [clears throat] um reduction in rates is not a foregone conclusion. So in December, he said far from it. So if a cut might not topic of today for December because of lack of data, what does the other concerns then stem from?
So if it's not lack of data as as the reason December is is not a foregone conclusion, what other things could be the concern then? Well, perspectives on PE of people on the committee that you know, we've now moved 150 basis points and that we're down into, you know, you're into the that range between three and four where most estimates of many estimates of the neutral rate live in that 3 to 4% area.
You're there now. you're you're above the median number for the committee, but I think there are people on the committee who have higher estimates of the neutral rate and that's a you know you can argue these positions since it can't be directly observed the neutral rate. So, you know, I I think for for for some part of the committee, you know, it's time to maybe take a step back and and uh and and see whether there there really are uh downside risks to the labor market or see whether in fact the the growth uh that the stronger growth that we're seeing is is real.
Um ordinarily the labor market is a better indicator of the momentum of the economy than the spending data. That's the lore in this case that gives them more read, right? Um so people just have you know there again we've cut 50 more basis points um in the last two meetings and there was a sense like let's from some let's let's let's pause here kind of thing and a sense from others wanting to go ahead but that's why I say um differing views strongly differing views.
And so on that division then you're talking about uh going forward. [clears throat and music] So what's more important to in this division? Is it inflation risks? Is it employment risk? Or is is there a deeper philosophy division among the board? I I look everybody on the committee is deeply committed to doing the right thing to achieve our goals maximum employment and stable prices.
you have differences on how to do that and as I mentioned some of that is different forecasts but a lot of it is also um different risk aversions to the different two to two different variables which is common through you know through all federal reserves there they're people just have different risk tolerances let's say so that leads you to people with disperate views you will know that from the speeches you've been listening to from my colleagues and uh and so we're at a place now where we have in fact cut two more times And you know, we're now we're 150 basis points closer to neutral, wherever that may be, than we were a year ago.
And so there's there's a growing chorus now of of feeling like maybe this is where we should at least wait a cycle, something like that. That's that's what it is. It's just what you think it would be. It's and again, you've seen it in in the uh the September summer of economic projections. You've seen this in in the public remarks.
I know of FOMC participants. and and now I'm telling you that's what that's what you're going to expect that in the minutes and um I'm just telling you [clears throat] that's what happened in the meeting. So it sounds like it was a hawkish meeting then. Thank you so much Liz Schulley with ABC News. Uh what is
sounds like he seems frustrated market is weakening right now and for other reason to improve the job market. I think he got bullied not by by the rate cut offs. Um there are two things affecting he's saying he kept saying this. That's what I'm saying. None of this is surprising, but I think he really wants you to know that I don't think no one's believing it.
And that's two things. This is the monster you created, pal, with your declining labor force participation, which is a cyclical thing. And then there's declining immigration, which is just a big policy change that actually began in the last administration and it has been accelerated now. So a big part of the whole story is that that supply side story.
Okay. cut odds are decline and and you know the so the labor the unemployment rate I mean the big earnings are moving now but going down a little more I just I think if anything is hawkish it's this tone that's that's what's going on and I guess main topic right now you know it's most of change in supply
which is odd I think and many people think so the question then is what does what does the um you know our tool do which supports demand and you know so and I would just say when you're when you're in a situation where job job creation if you adjust for likely overounting in the way that BLS does its work is pretty close to zero.
So maximum employment doesn't on a sustainable basis doesn't if it's if you're making creating zero jobs. Is there core we it's an equilibrium if it's popping out of nowhere with everything kind of going down the curious but watch now if big tech gets a bid but core I thought many of I don't know if you still we still have those other free ones
the last two meetings that it was appropriate for us to react by supporting demand with our with our uh rates and we've done that. We've we've reduced so that rates are looser there. I wouldn't say that they're accommodating weave. I don't I'm not going to take place than they were and that should that's kind of waking up.
It's not a trigger yet kind of sticks out complicated situation and and some people argue that that this is supply and we really can't affect it much with our tools but others argue as I was an effect from demand and that that we should use our tools to support the labor market when we see this happening.
You also talked about tariffs [clears throat] too. Yeah. There's something's turning with positioning you guys. I mean expect that inflation will continue to go up. Like I'm saying this isn't that bad. It's not that good. It's just like I said, this is a turn. I think people are now bluffing trying to make you bet some additional increase inflation.
It takes all the other little pockets, bro. They can't resist. Work their way through that production chain and finally get to consumers. And we see this now from the from the tariffs that were put in place now many months ago. We see those effects. But if you put tariffs in effect and they've been coming into effect consistently in, you know, February, March, April, May, and that's all happening.
So that'll continue to happen for some time, probably into the spring. These are not big increases, though. These are a tenth or so on inflation. They may be big increases on a particular product that's been tariffed. But overall, these are fairly modest. I think, you know, some projections go we're 2.8 all the little run down two or three more.
Heck, if Trump made a [ __ ] tweet as as all the tariffs are in as all the uranium, nuclear, all that [ __ ] you've had a couple of the tech pockets that were already just rippy. This is this is the theory. This is how we believe and hope that it will work out. Once there once the last tariff is is put on something
at that point, it becomes it becomes a higher price level, but it's it stops going up, if you will. Prices stop going up. They'll just be at that level. And then measured inflation will come back down to non-tariff inflation. As I mentioned, non-tariff inflation is not so far from 2%. Now, now consumers don't are not interested in that story.
They're they're their prices are higher. More than that, the reason they're so unhappy about inflation is the inflation that we had in 2021, two and three because you know why did you say before the election aren't going up as much but that doesn't mean people are feeling those higher prices for the trigger inflation we had two or three years ago they are and that's
more uranium all uranium by the public sample people inflation is still people quite unhappy and pan and nibs and NB now a couple of minerals that prices are are not going up as fast as they were, but they're still much higher than they were, and it'll take some time. Do you hear it? To wear off as real incomes rise, it will feel better.
Why are you acting like you weren't controlling this [ __ ] for eight years, dog? Michael from Bloomberg. There's Mike. Mike, do you have any concerns that equity [clears throat] markets are or are close to being overvalued at this point? He's going to say yes. You know, we see them. We we don't look at any one asset price and say man that's wrong.
You know that's it's not our job to do that. We look at the overall financial system and we ask whether it's stable whether it could weed only popped after it hit the delay. So you know banks are well capitalized while some households check if there's any headlines in the aggregate that you know households are are in good shape financially relatively you know relatively manageable uh levels of debt.
I I at the at the lower income spectrum you are seeing rising defaults particularly around subprime auto but nonetheless in the aggregate pretty good um and u you don't see so you don't see too much leverage in the banking system or the financial system it's a mixed picture but it's not an over overly troubling picture and again I I'm not you
bro meta plays are going up you know we don't all the earning plays all right now you have a trigger on the weed well are you you must be well aware that by lowering interest rates you're contributing to additional uh asset price increases. You must balance the idea that lowering rates would help the labor market with the reality that it seems more likely to be stimulating increased [clears throat] investment in AI,
which is the rationale for thousands of job cuts that have been announced in the last few weeks. Yeah, I don't I don't think interest rates are an important part of the AI of the data center story. I I I think you know people think they're great economics in building these data centers and they're making a lot of money building them and they they think they have very high present value and all that sort of thing.
It's not it's not really about it's not a it's not you know about 25 basis points here or there. Um you know we use our tools to support the labor market and to create uh price stability. That's what we do. That's our two jobs, right? So we're here to by by lowering rates at the margin that will support demand and that will support more hiring and that's why we do it.
Now no 25 basis point or even 50 basis point hike is going to be a dispositive thing but ultimately uh you know lower rates will support more demand and that'll that'll support hiring overtime. And of course we we also have to be careful about this which is what we've been doing because we we know where inflation is and we know that you know I've told you the story it's complicated story but this is the best assessment that we can make
and um and it but you know be because there's uncertainty around around inflation and the path ahead for inflation. That's why we're going that's why we we the pace we're going has been a careful one. Victoria [clears throat] Hi, that one's um on AI. I'm just wondering seems like a lot of the economic growth that we've been seeing is fed by investments in AI.
So, how worried are you about what a sudden [clears throat] contraction in tech investment would mean for the overall economy? Is there enough strength in other sectors? And um specifically, are there are there any lessons that you take from the 1990s in in how you might uh approach what's happening right now?
Yeah, this is this is different. um in the sense that these companies the companies that are so highly valued actually have earnings. Yeah. A couple of the chip you go back to the 90s and the dotcom they were these are ideas right it's not all of them it's really picky and there's a clear bubble there whereas the you know the I won't go into particular names but they actually have earnings and you know it looks like they have business models and uh and profits and that kind of thing.
So it's it's really a different thing. um you know we it's the the investment we're getting in um equipment and int all those things that go into creating data centers and and feeding the AI it's clearly part one of the big sources of growth in the economy consumer spending also though has been you know is is much bigger than that and has been growing and and has defied um a lot of uh you know negative forecasts continuing to do so this year consumers are still spending now it is it it may it may be mostly higherend consumers or maybe [clears throat] skewed that way but the consumer is spending and that's a big big chunk of of what's going on in the economy bigger than substantially bigger than AI you could point to the to growth I mean actually uh you may be growth as opposed to level but consumer spending is a much bigger part of the economy
and why do you think that the labor market is slowing so much even though consumer spending is strong why has it slowed so much [clears throat] well what's happened is is that the supply of workers has dropped very very sharply due to mainly immigration but also lower labor force participation. So um and and that means there's less need for new jobs because there's there's there isn't this flow into the into the pool of labor that you know where people need jobs because those there aren't those people now.
So there's not a supply of workers showing up for jobs. In addition, demand has also gone down and so has labor force participation has declined which is more of a sign in this case of of uh of demand as well as trend. So I think you're seeing some softening. You know the the economy is growing at a slower rate than it was 2.4% last year.
We think around 1.6% this year. It could have been a couple of ten higher if not for the shutdown. Um, and of course that will reverse, but uh, uh, you know, you still got the economy growing at a moderate pace. Andrew, [clears throat] hey, Andrew Acriman with the with the Washington Post. Um, I wanted to ask if you could elaborate on how you think about policy in the context of the data drought.
Um, does it make you inclined to stick with your plans as set out in September in the absence of the data that might change your mind or does it make you inclined to proceed with added caution because of uncertainty? [clears throat] Yeah. Well, we'll we'll know when we face that question, if we face that question.
I you know, it'll probably be argued both ways, right? But I I I've said a couple times here that, you know, if you if you really aren't getting information and you really don't know and the economy looks like it's solid and stable and hasn't really changed, you know, there will be an argument. I don't know how persuasive it will be, but there will be an argument that um you know, you slow down in a in an when you can't see as as far ahead.
Um others may argue speed up ahead of an election. I'm not sure where this argument will come, but you're perfectly right. You could also argue, well, things haven't really changed, but you might not know that, you know, so I don't know whether we'll face this or not. I hope we don't. I hope by the time of the December meeting, we're getting, you know, uh, a better flow of data.
But if we we're going to have to do our jobs one way or the other. Okay. I I also just wanted to ask a FINRA question. [clears throat] I think several years ago, you said the overall amount of capital in the system was about right. as the Fed moves forward with a revised Basel uh proposal uh potentially changes to the GIP search charge um has that changed at all and or are you planning to significantly reduce the amount of capital in the system?
Thanks. So there's there discussions [clears throat] going on I think uh among the um agencies and I I don't want to get ahead of those discussions. uh I continue to think that the level of capital when I said that in 2020 was about right and of course there's been much capital added since then through various mechanisms but um I you know I look forward to to uh I I I know those discussions are really just getting going.
They haven't come to the point where they're you know where they're got a whole plan and that kind of thing. So I I really don't have much to say on that. Brian, [clears throat] hi Chairman Powell. Uh Brian Chung with NBC News. Um is the weakness in the jobs market accelerating and who's at risk if the interest rate cuts are not the effect of medicine for a further slowdown in the labor?
So we we do not see um the weakness as you put it the weakness in the job market accelerating. I would say then again we don't have we didn't get the September employment report. What the what the [ __ ] have you been saying this whole time then? Um we do get we look at you know the so labor market weakness isn't accelerating
unemployment insurance claims initial claims are reported at the state level and we still get those and we can accumulate them and get the national number and there's really I mean there's no story you can look at the numbers same thing with the job openings we get from Indeed there's just no story over the last four weeks it's kind of stable so you don't see anything that says that the job market is or really any part of the economy is is making a significant deterioration ation don't see that.
Um you see more things like I mentioned though which is that uh you know you see big companies making announcements of either of layoffs or of the granola bar they don't they won't need to hire they may their number of employees I think he is winging it up he's just mad a number of years there may be different people working there they say that too
it's fake outrage about everything he caused so you see those kinds of things and he just wanted you to doubt it a little bit numbers have not gone up y'all threw away that 8 years, you got a little math, is very low. I love you, G. But and the the job finding rate for people who are unemployed is very low.
I'm not going to lie, bro. My last very low as well. I had a new one in like three weeks. I know. I know. I'm sorry. So, as you make these cuts, is it no different for income workers that you're thinking about or those who might have their jobs automated? Is there a particular labor market that you're particularly
So, we can't our our tools don't allow us to target any demographic or any income level, that kind of thing. I do think that people, you know, we saw this during the global financial crisis and the long recovery, uh, if you have a long period of very strong labor market conditions, it benefits people at the lower end the most.
the last two or three years of of that long expansion um people at the lower part of the income spectrum were getting the biggest benefits and and you know lots of things were happening in in that space demographically which were very constructive and you know [snorts] we're not at that place right now but so yeah you know I mean a stronger labor market is is the best thing we can do for for the public it's also part of our job it is half of our job uh but it is it is absolutely the best thing we can do um for people uh you know along with keeping prices stable.
Those two things I mean inflation also hurts people on fixed incomes more than other people. Courtney, hi Chair [clears throat] Powell. Courtney Brown from Axios. Um as you know the 12 Reserve Bank president's terms are um up for renewal at the end of February. I'm wondering if you can give us a timeline for when the board will consider those reappoints and whether we can expect everyone to be reuped or if we tell you he's mad but like look
so it's a process come out swinging the way the law look at this effect this is tiny bro we have reappoint every 5 years for all I believe him but I don't you know what I'm saying each of them and all of them we have so many more wait till we're going to complete it in a timely way and I really that's that's really all I can say
okay thank He's not even say he [ __ ] we'll say the opposite. [clears throat] Give him another 10 minutes, bro. Daniel Lever, a France press. Um, you've now had dissents in three consecutive FOMC meetings, but in this meeting, you had descents going in both directions and you've just mentioned there's strong disagreement over the future path of rate cuts.
Have these disagreements complicated your role presiding over the FOMC meetings? And if so, how? I wouldn't say that. No, I I think you you know you have to take what comes and what comes right now is uh you know pretty challenging situation where we have first of all we have we have% unemployment we have an economy that's the only thing arriving close to 2% so you know overall it's it's a good picture it's it's a good picture but in terms of our policy we have upside risks to inflation downside risks to employment and this is a very difficult thing for a central bank because you know one of those calls for rates to be lower, one calls for rates to be higher.
We can't do both. So we have to balance the two and so it's a challenging thing and you know uh as we have worked our way through this process um you would expect that there would be a range of views ac across the committee on on what to do and the speed with which we should do it and that's what we have.
That makes a lot of sense to me. These are all of these people are, you know, people who take their jobs very seriously, work very hard at this, and just want to do what's right for the American people, but they have different views on what that is. And, you know, it's an honor to work among people who care that much.
It is, but I, you know, I I don't feel that it's unfair or or or anything like that. It's just it's a time when we're making quite difficult judgments in real time. And I I believe we'll get through this. And and I I think we've done sort of the right thing so far this year. I think we were it was appropriate for us to be careful about this.
I think it would not be appropriate to just ignore or assume away the inflation issue. At the same time, I think the risk of you just said it's more persistent inflation. He's using tariffs as a cover and yeah man I don't think anything he says if we do wind up presuming you don't need to talk to the snake at some point.
I think you know where does this end? We're trying to get to the end of this cycle market in a good place and with inflation. Yeah. You know, on its way to 2% or at 2%. So that's what we're trying to do and we're doing it under, you know, quite challenging circumstances and doing the best we can. We'll go to Jennifer for the last.
[clears throat] Thank you. Thank you so much, Chair Pal. Jennifer Sean finance. Both regional and large banks have taken losses on loans given delinquencies on subprime auto loans. [clears throat] JP Morgan CEO Jamie Diamond warned, "When you see one cockroach, there may be more likely." I'm curious how the Fed is looking at these [clears throat] loan losses and if it poses risks to the financial system or the outlook for the economy.
Is it a warning sign? So, you know, we're we're obviously we watch this these things very carefully, credit conditions very carefully. You're right. You've seen rising defaults in subprime credit for some time now. And now you've seen a number of of subprime credit uh automobile credit uh institutions having significant losses and some of those losses are now showing up on the books books of banks.
You know, we're we're looking at it carefully. We're paying close attention. Uh I don't see at this point a broader credit issue. it doesn't seem to be something that that has uh very broad [clears throat] application across financial institutions but you know we're going to be we're going to be monitoring this quite carefully and uh and making sure that that is the case
and then separately um many you yourself have said that we're in a bifurcated economy right now with high netw worth individuals continuing to spend with the lower income pulling back. How much of consumer spending continuing hinges on the stock market remaining strong? In some odd way, does the market help keep the economy buoyant?
So there there is some there's some relationship there, but remember uh the more wealth someone has, the lower an additional dollar of wealth matters. So your marginal propensity to consume declines quite dramatically as you reach as you reach levels of stock market wealth. So, you know, the stock market, it it would affect spending if the stock market went down, but it wouldn't drop it wouldn't drop sharply unless there were quite a sharp drop in the um you know, in the stock market.
Um people at the lower end of income and wealth have a much higher marginal propensity to consume of an incremental dollar of income or wealth, but they don't have the stock market wealth. So, I think it's it's certainly a factor supporting consumption right now. Um but and you would you would see it if you saw a material correction in in in spending but um it wouldn't be you shouldn't think that that it'll you know die for dollar.
Thanks very much. Thank you brother. All right. Well, usually it gets a rip afterwards but dog that was a nothing burger mixed in with some I think some righteous Powell anger. I don't think he I don't think he liked what we had to say. Uh let alone a lot of other people on Wall Street. I mean, his time is up, man.
I know he would have probably liked to run for another, but yeah, man. Not bad. I think uh now after the bell, if there's a you know, if if the tech is good, you know, I think everyone's going to forget about it. Otherwise, if it's bad and then now you got to worry about rate cut, your last hope uh will be your boy Donald Trump in China.
So yeah. Oh [ __ ] Wait, what the [ __ ] did that fill? All right. But yeah, I don't know what BP was, but not bad, Chad. So, you got 30 minutes. I would raaroon. Uh, if you are going to stay for earnings, you can. Um, but yeah, I we have the previews or we had them there. Google, Microsoft, Meta. Yeah, dude.
That I mean, I don't know. Do you guys see it? Like, I don't know if you realize like I was my reaction to that was all very meh. I made a couple plays, they hit, but it was still And then you got some of these tech going, but that was tiny that first little reaction. Everybody was being so dramatic and I think Pal was being dramatic, but I just really don't think it did anything.
So, yeah. Oh, yeah. You do have Chipotle. So, we already got some exposure on that. Chipotle could be an interesting one. Uh, if I were you, I you guys want me to tell you the two? There's two that I like uh besides your other ones. I'm going to get rid of some too at the bell cuz those meta is just jacked up.
So, I need to get rid of one. I might just do it now. But yeah, all of the meta, all meta did was go up. The Chida meeting is like tonight, tomorrow pretty much. So, yeah, it's Asia. Let me see if I can get rid of these. Feel me? Nice. It filled me. All right. I got rid of my meta calls. I have a couple sets, I think, but I got rid of one.
No Trump tweet, but I'm sure he's saving it. He already went off on him this morning, but yeah, there a lot of that was just still uh odd just in the sense of his like like I'm saying his reaction to he's acting like he just saw everything for some reason. Yeah, I don't know what this one is. Cambium Networks.
Unless this is a Korean play. Uh there is going to be some Korean uh Korean data center plays with Nvidia. But yeah, this one doesn't have a headline. It went up 300%. They integrate with Starlink delivery. That was in the morning. Would there be China news? I don't know. I think just be on the lookout for any of it.
But you should be positioned. best case, you'll be able to trade it tomorrow, but I kind of assume you're gonna have a lot of info by by the morning tomorrow as well, too. So, yeah. And then I'd wrap up I'm going to go through wrap up some of these. I have two plays to look for besides your typical ones.
I don't Can you guys handle it or will that will it [ __ ] with you if I tell you? Cuz I don't want to I want to [ __ ] with you too bad, bro. You know, last time I said black swan, don't think about it. You guys were like, "Think about it." I said, "No, man. That's not man three. I'll film. You're ready for this jelly?
I'm glad you've phrased it like that because I think you are ready. As odd as that may sound. Uhhuh. And then none of the long duration moved. Meta, meta, meta, meta. Can't you see? Sometimes the law to hypnotize me. All right, I'm going to get rid of another set. Can feel me. Film me. It didn't film.
Hold on and I'll tell you after I'm done. Okay. Why aren't you filling those, bro? I've been getting the weirdest feels today. Okay. What's Wiki Waski? That one's popping. Yeah, my computer's kind of laggy right now. I'm surprised it hasn't cut me off yet. So, either way, we'll try to stay as long as possible into earnings.
Man, Trump's been in meetings since 12 a.m. I don't have time for too late, Powell. We have real work to do. Okay. And then some of those chip plays might move in sympathy. So yeah, and then Reddit's tomorrow after the bell. It's still, dude, it's holding. Uh it's very odd today. I just think pow man that was uh not too often you don't get much out of uh the Fed even then it's more earnings though but I am glad you guys are prepared for that or you should be you really really should be or even Bitcoin didn't get a move.
So yeah, there's a lot there's a lot to unpack. Alrighty. Well, I think I'm good. What's that PC? A lot of things are flushing actually right here. I just love your fleshy waste. That's weird. They're raising those premiums. All right. So, here's your play. I don't know. These are just potential ones to the downside.
Uh but there's they're very hard to play. I only found like one or two cheap ones and then But if I tell everybody it's going to go [ __ ] nut. It'll [ __ ] it up cuz it was already hard to find one with or without. So, I don't know. At the risk of changing probabilities, do you still want me to tell you or do you want me to tell you the industry and then that way you figure it out?
How does that You have what 30 minutes? You still got time. Yeah, Chipotle is after the bell, I believe. Industry. You want a treasure hunt? All right. So, one of them is like actually I don't even [ __ ] know what it is. I know what it is, but let me be specific. Yeah, software. One of them is software related.
It's usually way too out of budget to play, but there there's there's there's some. And then autos pretty much what Powell just said about the auto industry. There there's one available there if you would like to work. So yeah, happy hunting. Happy hunting, my friends. Oh, I forgot to mute the other chat.
So, you guys are [ __ ] Now it's going to turn into crowd central. Or maybe I was just making that all up. I don't know, man. Get a lawnm save yourself the confusion. Get clarity. EA Sports. It's in the game. Bro, I have straight up I have been farting all day. You know that? I'm still farting, you guys.
I can't believe I did seven hours of fart. This was Fart Market Live brought to you by Jerome Pal. Somebody who just got here doesn't understand, but yeah, man. It is what it is. I did not eat any avocado. Actually, I don't know. I don't know. Where am I? Who am I? It's weird, bro. A lot of stuff still like held up.
That was so disappointing in so many ways. But I'm not too mad. Oh, wait. I got one more. Hold on. That one might be hitting right now. No, it's not. Boo. The other one did good though. Long-term. Long-term. Long-term. Can't you see? Sometimes the 10% just hypnotize me. I just love yo long-term way.
Oh, wait. If it's index related, Q spy, you could actually hold it for like 15 minutes. I forgot. In a weird way, you could kind of play earnings on some of those. But yeah, I trimmed some stuff here leading into it. We'll see where it leads us. And God bless America. Those are still up a lot. Gunlock inflation going to save 3%.
US court denies bluewater motion for bid construction and sitgo parent auction. I don't know what that is. Eggs and milk. I had a I had cheese. I had cheese and crackers yesterday. But yeah. Yeah. And then why do like y'all y'all be gambling too much. Way too many of you like the trades, but y'all not in the other room.
It doesn't make sense. And then you guys can't be like Josh. I love you. You're my family. Oh my gosh. That's I can't believe it. Why are you doing this? I'm like cuz you keep posting gambling plays, dog. Just listen. Why don't you guys just listen? That's all because unfortunately y'all just be pumping on your friends, man.
You know that. And I don't know if you have somebody in your life to tell you this, but like you need to stop pumping on your friends or people that you call your friends. You should you should really understand what you're saying because it's unacceptable. So, may the Lord be with you. Okay. Mhm. You have a hunch, but the auto one got you stumped.
Well, it's it [ __ ] up a lot of the probabilities, brother. The I forgot I told too many people and then Yeah, even without saying it, it literally moved. So, yeah. I don't know. We'll see though. And then I I didn't realize it till till right now. We were kind of in the neighborhood, bro. If you really think about it, cuz I grabbed the visas.
We should have just grabbed the fizzer. So that was there, bro. That was there sometime. Oh, what? I pulled it. I pulled a bid. I don't know if they filled me. Eat yogurt. I might have to You'll never teach him how to try. No. Good man. I say some of y'all I see you on Twitter. You guys will just be [ __ ] pumping on random people.
You know the hate love play. You know how many of you I saw on Twitter just pumping on random [ __ ] head tops for no reason? Why do you do that? So yeah, man. I don't know. Just good luck. Good luck and God bless, man. I did I drink I drank lemon water. It helped a lot. I don't know why, bro. I woke up, bro.
I just be [ __ ] on the game, son. But yeah, you you think Jensen could save you? That's you. You turn to the Lord, brother. Y'all think Jensen going to save you? You think Jensen, you think when [ __ ] hit the fan, you think Jensen going to be like, "Jensen going to hide? You know that Jensen cashed out of Billy already, dog?
You think Jensen could save you? The QQQ's are very juiced because the earnings." So, I'll tell the other chat though. That's I'm going to just start [ __ ] with you guys. All you gamblers. I'm going to say all the good [ __ ] and just mute it. So, here's the reason. Yeah, there you go. Mhm. How you claiming that's your homie and you pumped on him?
If I was you, I would have saved longer. Well, Chad, you got 20 minutes. I would raaroon Chad Doney and then or uh earnings after the bell. I have all the estimates. We'll get the report and then we'll be good to go. I don't think the chat has changed your life. You guys are no long you guys could say it, but I will be honest with you cuz I said like uh I think a year ago if you bring that up, you're a hoe.
So, you're a hoe. And it didn't change your life. And if it changed your life, stop gambling and get a lawn term. It's very simple. I don't know why they don't believe me, bro. That's why like I think people say that to like get good grace with other chats and you guys I don't know I don't trust any of you.
This what I'm saying then you going to drop a play. You going to be like yo it changed my life. What do you think about TLT one day half a day out the money in the money contract. Josh I'm confused. I love you. Thank you for the education. Praise Jesus. I'm like what the [ __ ] Why you bringing Jesus into this now?
I don't think you listened to anything. I think you ignored all of it and now somebody got your mind, dog. They got your mind. You could have had the pure truth right in your [ __ ] face and you like, nah. So yeah, I don't I'm just saying I just y'all got to prove it. Prove it. It changed my life, but my whole culture, both online and offline, reflect nothing of what you taught, except the fact I know what in the money and out the money is.
Praise Jesus, man. You know, y'all better watch out. You better hope I don't learn how to [ __ ] command lightning and [ __ ] That's why God won't let me. You know that? God know. That's why he said everything else I give you authority Josh cuz he I'll be man I'll be like enough of this my man I got I got a lot to learn.
I got a lot to learn. I guess I'll just tear down the astral poles but [ __ ] man the difference is the difference. I don't trade butterflies but I I feel like I've been [ __ ] them out all day. I don't know. I don't know if that makes sense, but yeah. Yeah, it's been a while. I don't trust me. Why would I trust you?
I know, bro. I just went from like 5 years and I do. It's all peace and love. But I was like, violence, [ __ ] I don't even trust Josh. Why the [ __ ] would I trust you? Get a lawn term. You could trust the lawn term. You know, I may not live right, but at least I know the Bible's right. I may not live right, but I at least I know a [ __ ] solid standard to compare it to.
And then I don't try to bend it to get you to do [ __ ] do I? No. Get the [ __ ] away from me. I I think it's easy, man. I think it's easy. We overthink it. I should have held that meta a little longer, but it's cool. It's cool. I don't even I don't even want the meta like that, bro. For real. That's good.
We'll see it. You got a lot to prove, everybody. That's why, bro. The other guy didn't even get it. You know that, bro? I was on uh one of the dog you guys would say like the wildest [ __ ] and you'll be like on Twitter. I love looking at your guys' followings, man. You know that. Can I call some of you out?
Like for real, bro. If you be following a bunch of Only Fans chicks, dog, just what the [ __ ] is wrong with you, man? Okay, I would respect you more if you just like go talk to girls. Do anything you Bro, I said it. I said, "Doc, homeboy is following like 10 people and the first one say 90% off only fan emoji eggplant peach." And I'm like, "What the [ __ ] you trying to to get any conversation of anything I've said with me?" I'm like, "You following that?
It's a private account. You requested that [ __ ] and she accepted it, you [ __ ] You don't think?" I'm like, "What's wrong?" And then a lot of y'all I didn't listen. That's a different one. I'm not as concerned about it. You know what I'm saying? I'm not as concerned. They're slandering Bradley. Yo, they are slandering Bradley.
Oh, dude. Oh, that's great. They really are be slandering the peach, bro. You know that's how y'all see the peach every day and y'all die. That's crazy, bro. That's crazy. How dare y'all? How dare you know I'm pissed now. It's so funny. I'm pissed for real, bro. You saw the peach every day and you like, "Nah, booty hole.
90% off." It's not even real. If it was real, I would say, "Okay, it's understandable." He's [sighs] Lord. All right. So, I don't want to [ __ ] hear it. He said he had no idea. He said, "You're speaking coded language." No, [ __ ] It's not. So, yeah, but a lot of y'all I didn't I haven't gone to that stage yet, but we will eventually.
Yeah, y'all getting blocked, bro. Listen, bro. If half of your following That's why I'm saying, why are you f Why are you even doing me like that? What do you think someone gonna say? Be like, "Yeah, he likes really good stock information and a bunch of Only Fans hoes." How did I give you that impression?
What the [ __ ] are you using Twitter for? What the [ __ ] You're [ __ ] whacking it. And then between every [ __ ] five whacks, you're like, "Oh, the GDP consumer. Yeah, dope." What? So, no, bro. No. You're geeking. I'm sure they are too, bro. It's terrible. Terrible. Terrible. [ __ ] repent. No, don't even repent.
Block me, [ __ ] Block me. Block me. Can y'all block me? Can we Can we flip it? I was hoping I would get annoying enough where you would block me, but no. You're like, "Let me go follow some Only fan hoes instead." How did you get there? This makes no sense. Oh my gosh. I'm the light, [ __ ] You can't surround the light by a bunch of cleavage.
It's not going to do what you think. What kind of light is or what are we talking about? A flashlight. Exactly. Shut the [ __ ] up. All of y'all. I'm gone, bro. I'm Enough of this [ __ ] dude. Y'all don't get This is off the top of my head. Do you understand? You want me to [ __ ] chat GPT this [ __ ] and I could lay it out.
I could put it through my models and [ __ ] if you would like and explain to you how [ __ ] batshit this is. What happened to your culture? Oh my goodness, man. Wait till the other chat hear that, bro. Ridiculous. That's all. That's why. Don't [ __ ] you changed my life. I dog. I don't I don't think I did.
I don't think I did. Just respectfully. And I would appreciate it if you disassociated with any of that because we will not make any real change. If you think I changed your life and you living in any way that did not improve anything. I think somebody else changed your life, dog. I think I might have been in the vicinity, but I don't think that was me.
You might cuss a little more. Maybe I could I can see that you like Josh, I say the [ __ ] a word a lot. Okay, I get that. You know that, Josh. You're a role model, [ __ ] How many times you read your Bible? Oh, it's so But Josh, you cuss. Exactly. I need it. You do. You need it more than Lord. It's loneliness and comfort zone addiction.
Oh, okay. I understand. Get that the [ __ ] away from me. I don't want I don't want to be lonely. I don't want a comfort zone. I don't want to be addicted. [ __ ] pick a side. That's what I've been trying to tell them. So, yeah. This is what I believe. You guys, do you not do you not get it? Do you not?
This is where Oh, man. I don't know how this is somebody is still going to be at. Watch the first tweet I get. I already know what it's gonna look like. So yeah, bro. I don't want any explanation. Don't explain anything. Explain it to God. That's what you should do. Go to the father, not me. I'm just That's it.
I'm yelling. I'm going just go. It's time, brother. He I We have no more. Oh, look. It's closed. Tell Kagra. Tell God. Don't tell me. But you go to him. N man, it's simple. It's simple. So, Woosaw, [ __ ] 10 minutes. I hope you enjoyed that. The idea of someone's feed consisting of financials and ass is hilarious.
No, dude. This is It's more than one person. Do you guys think this is That's why y'all ain't seen the [ __ ] I've seen. I don't think you real. That's why I think the Lord really did test me, brother. You know, in this whole time, I don't know why I was being so nice to all of this intolerable behavior.
But you know what? My mama raised me, bro. She She beat the [ __ ] out of me. And you know what? She was telling me Hollywood was a bunch of PDF files since the [ __ ] 90s and the 80s, brother. So, you know what? I'm glad I I get it now. I understand it now. You going to learn today. But yeah, bro, it's too much.
I know. Meta's ripping. I had to free it up, bro. I had to free it up, bro. It's all good, though. Water. No way, bro. Those ghetto cues popped. That's crazy, dog. Yeah, bro. Premium's jacking up. Feel me, [ __ ] Now they're up. That's crazy. They stayed break even, but now they're gapping up like the meta.
That's what I'm saying. It's that Yep. I got I'm out of it now. All right. That's beautiful. I have another set, but I had a big one that was it just was just chilling. It did nothing. And now it made money doing nothing at a lower price. You thought it was meta. Do you want me to tell you? You have seven more minutes, but they they already jacked them up.
Literally, where is it? And then that CNC hit too. Interesting. Mastercard to acquire zero hash and $2 billion deal. All right, that's crazy, bro. All of the cues now are [ __ ] green. Quite fascinating. Oh [ __ ] I have some more. I forgot I'm hold I hold the other one. They're not cues. There another one but same same concept.
Okay. Yeah. Emma remember Philip Morris did bad. So or Philip Morris it wasn't like too bad but then they sold off but you never got any of that move and right I mean maybe it will be good but for now the state PayPal's getting wrecked then Broadcom with the rip. All right, man. Final five. Wrap up your plays.
Repent. I don't know, man. Just make a good decision. That's It starts with everything. Not just literally everything. It's all connected, [ __ ] Oh, man. So, yeah. Good luck. SF. What's this stifle? Interesting. Cart and dash. A lot of things are popping here at the end. Microsoft, I don't think I think Microsoft refused to move.
I kept the delay at a minute today because of Powell. So, it would have been a lot longer, but I had graciousness in my heart. And someone was like, I figured it out now. No, [ __ ] I was being nice. That's what y'all have misread for a very long time. Mhm. Okay. And if you don't wake up early, uh, we're not friends.
Listen, bro. If your average wake up time is 11:00 a.m. on any time zone, I'm don't [ __ ] with you. I can't. I can't. Okay? And thank you. And, you know, if if none of this applied to you, my brother, I'm glad that you're here right now. And I'm I'm I look forward to more because this, you know, that's what I'm saying, man.
I'm I'm glad some of y'all let it show, bro. In so many ways. So, God bless. You wake up at your old clothes blocked. See, y'all getting ridiculous. Wolf. I'm surprised that you guys weren't allowed to pump that one. I thought more people would have pumped the bankrupt one, though. Spy, bro. Yeah, dude.
I can't believe that was just nothing. Today was a giant nothing burger. But two minutes, you guys. So, wrap it up. Meta, Google, Microsoft, they're the big boss. Oh, wait. Did homeboy want me to tell him the plays or No, they're already [ __ ] dude. Literally, they were 10 cents on the ask. Now they're not.
None of them are. They got them. Yeah. What the [ __ ] I made I made 500% apparently just by saying an industry. That's amazing. I don't think it'll fill though. No, it won't fill. I would have filled it if it would have. But yeah, there's one more. What was the other one? I forget. I forgotten. Well, Chad Raparoon, you only have uh one minute.
You have more than that. That's just to mess with you on the delay. So, it's not that confusing if I'm being clear about it. Yeah. With that, [ __ ] A Rubik's cube. What? Oh, no. Left, left, right, green, right, red. Get a law term. Now they have no idea the [ __ ] ah that mess with you on real time.
I know, man. Just [ __ ] pay attention. That's the point. They like, "Yo, man, Josh, I think your chart's wrong." No, you're not paying attention. You're not paying attention. That's why the chart doesn't match up. I don't Do you even have a platform? Do you even know what this S&P 5? So, 30 seconds remaining.
Get ready for earnings. I will have all the previews up. Uh, so you'll know where to compare them to. Here's Meta. I think that one's going to be the biggest one. Google just cuz they hate us. But then Microsoft, too. And then the other ones uh that you know the industries about. So, yeah, we'll see.
We'll keep these up. That's app. Uh, some of them are going to come out a little later. [bell] Ding ding ding ding ding ding ding ding ding ding ding ding ding. Oh, did Google already drop? I think they already dropped the googs, bro. No, I think it's just tweaking. And now look at the Q's after hours.
Yeah, bro. Something has What the [ __ ] is happening? My thing is lagging, bro. Well, yeah, there's that Q's for you. Couple of others moved. And then remember, you could still trade spy Q and all of that. Yeah, you're still able to. That's That's what we just said, [ __ ] That's what we just said.
That is what we just said. Ah, good times. Good times. All right. But yeah, spy is going to move now. You're going down, but everything is still You got 15 minutes on the index. Oh, my [ __ ] is just crawling, bro. All right. Well, Chad, good game. You could drop them. I'm going to get you some of the earning.
I see Google, but I don't see the report. It's very, very odd. And then the cues just keep ripping. Uh, Google's not out yet. Oh, dude. I want the meta. How confident are the AI giants? I don't know if Trump tweeted. It looks like they all just tweaked. Microsoft Microsoft has cloud. So, you know, there's going to be a lot of ways to pull that one.
I don't know. No, Trump hasn't I think Trump is literally working. I know that's hard to believe for what the president's role would be, but yeah. No, he's really out here cuz I think he's been in meetings all day. That's it for now. Oh, Alphabet. There's Google. All right. Right in front of you. So, revenue EPS was 287.
Do I have the I didn't even pull that one up. So, yeah, Google just came out. EPS was 287. I don't know what the estimate was. Let's go. Wow. Revenue is 102. They [ __ ] ripped it. 99.97. Operating margin of 31. That looks like a beat. Net revenue 34.98. Uh, where's the where's ads? Operating income 31.23.
Cloud was 15.16. Yeah, they killed it on that, too. I think they did good. Broadcom, I think, is running on that. Search was 56.57. That even beat services 87. Yeah, dog. They killed it. No, bro. They killed it. So, yeah. Google, Microsoft on the low. So, I don't know if Microsoft's out, but Google was a beat.
I think that one's easy. Yeah, Google did very good, especially with AI ad, all of that. And then Microsoft, I have those numbers. Uh, let's see. 753. They did 777. So, they beat on revenue 372. They missed on EPS. Net was 277. I don't have the net estimate. I'm going just keep skimming. Uh, intelligent cloud 30.9.
Uhoh. Yeah, they missed, dog. They hit the low. They missed on cloud. So, people might panic on that, but we'll find out. Remember, they don't move a lot. Yeah, Google killed it. Microsoft though missed on cloud. Nothing else matters really. They and and they they beat on revenue, but barely. Let me see.
Double check that. No, 75. Yeah, they beat on revenue, but they missed on the low end of cloud and then that was it. So, Azor revenue up 40, but wait till they give guidance. If that Azor call is bad, that might go to standards. But for now, remember, it was only pricing in six, you're down four. It wasn't the worst.
They beat on revenue, but like I'm saying, you know, in the environment of everything grows, you know, it's not not there. productivity personal compute was 138. They killed it on personal compute. So I I they sold more products but yeah cloud was not good. I don't Amazon will probably be going down on that.
490 is two standards. Yeah, you might hit it if that call's bad. If that call's not good or if the call implies the same growth rate or lower than like 40 or 30 cuz they did bad last time and then it got clapped. But yeah, that one's not good. It's good, but it's not good. Do you guys understand? It's not sexy, but they, you know, they have a lot to prove.
They beat in many, many ways, but yeah. Oh, wait. There's Meta now, too. And Starbucks is out. Meta. All right. 753. What? Huh? Oh, I was looking at the wrong I said, "What the [ __ ] Wait, am I tripping? Revenue. Okay, they beat by two billion. EPS was 105. Uh, that looks like a gigantic miss on the EPS, but that could be not adjusted.
And then Starbucks guide same store sales. I think Starbucks did good. But yeah, Meta's out. They just slipped that one in there. Come on, buddy. Yeah, third quarter EPS net was 2.7. Meta looks terrible to be honest. Uh, do we have the puts? I think we might. So, yeah, now all those spy plays are going to dump.
All right. So, I think Google was the only good one. I'm surprised even with ad doing good. Yeah. He's a finger to the sky. Here's my play. [ __ ] you ain't learned [ __ ] What's wrong with you? But yeah, man. Good luck. Good luck. Good job. But yeah, I just love trying to get y'all the earnings, man.
Uh yeah, but Meta Meta doesn't look sexy. That's These aren't bad numbers. They're just not sexy. Both of them. Meta and uh Microsoft. Google was the good one. You got to wait for the calls. You can track it all with Meta with them spending, but that wasn't bad. It just was like, again, not sexy. You know, these aren't, you know, and they haven't moved for a while, but none of this is there.
But let me see. This meta looks terrible. I'm looking at non-adjusted numbers, but it looks pretty bad. I have to [ __ ] read it. I didn't mean to read. That would be But Google's helping you. And then hold on. Probably tripping off. They see fourth quarter 56 to 59. I have the guide. They had to have raised the capex.
Significant reduction in cash payments for the remainder of 25. Third quarter provision for taxes of non-cash of 15 billion onetime charge. Damn, they have an effective tax rate of 73%. Oh, by a decreased. So net income would have been 15. Yeah, that's why they missed. The net income was a onetime charge off.
It would have been 15.9 to 188 came in at 27 and EPS would have been 620 to 720. Yeah, bro. They missed a [ __ ] by a brick, but they're saying one time charge off. That might bounce if the ALOS like it. But yeah, you need to read the [ __ ] meta report. That's the problem. That charge off [ __ ] it.
There's daily act. I'm looking. I'm going to capex was 19.37. They spent another billion dollars more, but it's good to be fourth quarter to being 56 to 59. 1% tailwind year-over-year. full year expenses in 116 to 118. Dog, he raised it again. So that's good for everybody else. But yeah, they raised the capex, dude, from 114 to 118 to 116 to 118.
2 billion. They spent the extra billion already plan for next year. including headwinds. Yeah, call in 30, but they could add better woods. Our compute needs have continued to expand. Yeah. So, he's spending more. They're going to talk about it, but they had a one-time charge off with like taxes and stuff that killed the EPS and net income.
So, yeah, we'll see. But other than that, I think your boy uh your boy Google was the best one. No, you do good when you when you hide Josh from from paying memberships, right? What? No. Okay. Mhm. So, yeah. Other than that, Chattony, those are the main ones. Those are your main ones. Mhm. Okay. I guess Jensen did save you this time.
And then let's see the other one. Oh, no. So, that one was easy. Kind of. Oh, Chapado. I don't even have the Chapato preview. I think they're guiding for extra guacamole. Okay, never mind. Small portion. Small. I guess you paid for it, but then they gave you a smaller amount. That's what just happened there.
adjusted was 29 cents. Well, Chad, tomorrow will be a little bit light cuz that's I think it's good for everybody who gets money from Meta. Meta wasn't that bad. it just that charge off and then I think Microsoft has some explaining to do and then yeah other than that we'll see but if those don't get exciting afterwards everyone's going to trip or at least I don't know trip but it'll slow you know you'll just kind of hold up here unless the China deal.
So, so far, man, everything's kind of been underwhelming. You guys kind of need Donald Trump right now because Powell was underwhelming. Now, one out of three of them was actually worthwhile. Uh, but then you still need explanation. And then, yeah, man. So, we'll see. Tommy went back. He got it. So comps, where you at comps?
Same comps. Chipotle was in line. Oh no, they missed. They did three verse.4 revenue 3.02 billion. They came in at 3 billion. Net was 380. EPS 29. That's in line. That's I didn't read all of it. like the restaurant, but Chipotle was kind of in line, which again, people were worried it was going to struggle, but they still kind of missed.
Operating margin was 159. Restaurant mar restaurant margin got killed 5% down. 24 vers 29. owned 84 company, 64 in Chipotle and two international partner operated restaurants. Packaging costs were 30%. I paid a little bit more. Labor was 25. They repurchased 68 million shares, 680 million shares, dollars worth at 42 million, $42 a share.
Fully year comparable decline in single low digit range. Yeah, that's the same 315 to 345 new stores with 80% having drive-thrus. That's Chipotle. Why do they call it Chipotle Lane? They won't say [ __ ] drive-thru. Chipotle lane. It's called a Chipotle lane. Drive-thru. Chipotle lane. It's innovative.
Innovate. Kathy, explain them the Chipotle lane, please. He's not getting it. So, it's like a drive-thru. It's like a drive-thru, but it's a Chipotle lane. Why don't you get it? average sales conference call. I don't know how the guide is. I don't have the revenue guide, but yeah, the fullear guide was there.
Yeah, Meta's guide was in the middle. Meta is still down. They're going to Meta wasn't the worst, but it wasn't the best, especially with how good Google did cuz Google did very good. And Meta just spent a bunch of [ __ ] money. But Meta at least held the range. Microsoft again, they have explaining to do as far as Azour.
Everyone's going to be paranoid, but if Azour is not bad, it'll come back up. But yeah, and then your boy. That's it. You can't order in the lane. Oh, is that why? So, it's like a drive-thru without ordering. It's Chipotle Lane. It's a drive-thru, guys. It's a drivethru. I'm sure we're missing a couple of features, but it's a drive-thru.
It's a pickup lane. How do you get to the pickup lane? So, tell me, how do you get How do I get to this place then? You know, I'm about to go get me Chipotle. I'm already [ __ ] in my pants today. I might as well. You know what I'm saying? [ __ ] it. I'm about to I'm gonna test this [ __ ] out, bro.
I'm gonna piss everybody off, too. You know what I'm saying? I'mma order in the I'm like, it's a drive. Like, why did y'all put a speaker? Why did y'all put a [ __ ] lane in here then? You didn't want me to drive through it? That makes no sense. All right. The car the carada dog. I don't know if you're really I don't know if that's a spelling error or a really good joke.
I don't know. I have not tried the carada. I don't know what he's saying, bro. Do you see how confusing this is? It's a Chipotle lane. I'm telling you, it's a Chipotle lane. Like new carada. What do you mean? Is it Carneada? No, no, no, no, no. Carasada. You pick it up. Oh, shut the [ __ ] up. Oh, man.
This is [ __ ] dog. Why did we buy this for the lawn term? That's exactly why we bought it for the long term. You know that? because it's some OG [ __ ] and they just marketing it to you in the dumbest [ __ ] It's a new Chipotle lane. That's that's a update. You know that? That's a innovation. The Chipotle lane, the carada.
Oh man. Tomorrow. It depends how Microsoft. I don't think it'll be bubble fears cuz Google wasn't bad. Meta's still spending money. So Oracle and a couple others will benefit and all that, but then people might trip a little bit on cloud and growth and then yeah, you still you're going to have Apple and if Apple and Amazon are bad, I think it gets a little uglier.
But you're holding up pretty good. Service Now even did good. People are still taking those Zuck bucks. But for now, just not sexy. I don't think there's a sign of like fear, but definitely it's just not it's not sexy. I don't think I think Google was pretty sexy, you know? And I still could say that even though they [ __ ] me over every single day and they [ __ ] over a thousand of the paying Chads for no damn reason.
Not to mention the other 7,000 paying Chads. You guys know there's that many. Like, I'm telling you, why the [ __ ] do I have double the amount of paying people than y'all would even let into the [ __ ] video, Google? But hey, you guys did great on earnings, man. You did great on earn. That was the only good one.
I liked Google's earnings a lot, actually. So, yeah, that was a good one. And they did great. So, Uh-huh. Other than that, yeah, Cat killed it. That was why they were up all day. So, not bad, Chad. Not bad. maybe some LT opportunities, but I showed you guys this morning. There's a couple there's like a hundred names that are red.
Some of them are really good. I mean, Chipotle is one of them, but I don't I don't know how you feel about the car sada or the Chipotle, but you know, that that that meets the criteria to a degree. I think everyone's realizing that I think they're the ALOS are figuring out what the [ __ ] drive-thru is right now.
This is [ __ ] This is [ __ ] It's a call, baby. Feel like it's going to be a good day. Hold on by a crib. That's that. That's ours. Why wait? Be great. That's that. No way. We change. What's the plan? That's that. On my way. That's the play. New game. That's that. Can't believe they missed the I can't believe they forake all the games.
I can't believe they couldn't see the timing. Mother shoot my I'm free. No strings, no chains. That's that. One God, one king, one way. That's that burn supreme. What you know about that? One thing before you leave, please don't come back. Never needed Jesus. I rather had no friend to hang a demon. Your brother going to show up when he's still walking by way that no way.
Want to gamble? That's a game for the chat. Can I like listen all these rants and all your guys' dumb [ __ ] okay? I love you. I will be I will be here when you need me. Some of y'all you acting like you don't or you don't need me right now. Nothing, you know. So, I'm going to let y'all free. Okay? Let me free.
I'm already free, [ __ ] You ain't control [ __ ] So, it's very simple. Okay? So, that's it. That's all. That's your brother will show up when he is needed. Okay? That's all. But but again, can the two still walk with that agreement? That's facts. That's facts. Yeah. Real [ __ ] All this dummy [ __ ] is boring me.
Put me in the book of life. The author in authority. My father is the king. I'mma let him go to war for me. I got a lot of things, but my soul still mean more to me. Down with cannibals. They probably gonna eat your nest. The hunt on the crib before I ever put it on my neck. Here, write this down. I don't want you to forget.
God gave me this gift. I'm chained to him not the [ __ ] just items rather be like them the valley in the shadows I will not be frightened I don't do the third eye the word enlightens discern how they swerve all they wors no biting so smooth with it want to imitate it same drip [ __ ] I am inundated and a little different it's more than innovation always had a different vision if we both facing the same location oh I'm patient y'all keep playing you noticed that we the same no changing y'all still flaking I'm still crazy smoke act hazy.
This will be the part where I tell them that they lazy. That's Jim Kramer, but Bloomberg hate me. And the place, so y'all can't blame me. Instance so sis, but the money from the 80s. Why you think I keep on telling y'all it's for the taking? Listen, little nephew. Can't you feel the vibration? You don't need a preform to get a live nation.
Borrow is hella hard. You can only get it if you play. Ly, [singing and music] no. P R A Y make it like they famous. They so draining. They complaining. do it every day like it was an I do patient what they paying I'm just saying I get money on every effort I ain't better just a veteran professor of the Benjamins and Jeffersons it's not about the melanin it's more about the skeletons the [ __ ] that's in the medicine oh no here we go and the type of conversations are feminine I am I have I shout no questioning no mentioning I think this is the part where the sentence in period Jesus.
Praise God. Amen. Amen. It's a co baby. Hey. Yeah. If we talking plays. Yeah. I'm in there like swimware. I've been there. I've done this [ __ ] for 10 years. You could have it all, but you've been scared. Big scare. Funny part. There wasn't even risk there. My thoughts come on. Yeah, I've been clear.
No fear. Oh dear. Who you trying to control here? My [singing] god is the weapon. I ain't basting. Nah. Yeah, that's a dirt too. Daddy said it's finished. Made me timid. Wonder why we different. Don't you ever get it twisted. Don't you ever get it twisted. It's the only way we get it. Set apart from the start.
And the heart is in ours. It's a hippie with the love. But it's David with the I want peace. So that means you going to kill me if it's war cheap. Can't beat on the want it easy or hard. Want a gen or a god. And believe me little bra. You a child. You a son of the highest in the blood. Don't deny it.
Amen. Don't deny it. What you tell you who he is? I can make another song telling y'all about the second reason they will kill. It's the freedom and belie. But I rather have it now and I ain't never backing down. Lying going to eat me or turn his ass around. Either way, I will remain up in his name and say a prayer.
He had to say it now. Jesus. I put Jesus on the so I got reason to believe that we living in it. You could say it's one hell of a decision in it. Hey, if we talking everybody was just gassing up this [ __ ] for 10 years a [music and singing] but you been scared scared. Funny part there wasn't even risk there.
My thoughts been my own. Yeah, I've been clear. No fear. Oh dear. Who you trying to control here? My God is the weapon. I ain't boasting. Amen. Amen. Here we go. So, Amen, Doc. Y'all, if they want the smoke, give it to them. Okay. Otherwise, I love you, man. All of you. Even if you a little [ __ ] You know why?
You guys, honestly, some of you guys, you shouldn't get mad at me. You should get mad at some of the people this year that there were some very, very stubborn Chads this year. You know that with everything I've done. And they're very, they were already they did exactly what some of you are doing right now.
And you know what they told me in the last couple weeks? Two words, three words actually. They said, "Thank you, Josh." You know that? They said, "Thank you." Cuz sometimes you need this [ __ ] [ __ ] to wake the [ __ ] up. Do you understand? So yeah, you you probably too spoiled right now to even see it, some people.
But yeah, I think you'll thank me later. I wouldn't do it if I didn't believe that. But yeah, other that's why I said though, you could get it if you want. Otherwise, you got to make a choice. I hope you see it. We need to separate it all and then you'll see, brother. You Kanye Assada. Oh my gosh. I like I like the Chipotle jokes.
But God bless you, bro. Let take it away. Heat. Heat. And the Oscar goes to Did he do you think he was as sharp as you? Um, I said I had not seen decline and I had You think it only has to do with the long term? You did not see any decline from 2024 Joe Biden to 2021. That's what I'm saying, bro. Not when I said that.
You know the the thing is he look he was sharp. He was on his feet. He was on his feet. He was on his feet. He was on his feet. I saw it. I think she's the reason there are directions on a shampoo bottle. Our plan for dealing with her is oper called operation let her speak. Breaking news this morning.
NYC residents stay safe. Dick riding is at an all-time high. Broke boys are on the rise. pieces are not hitting and the plugs have the same work. Breaking news. Everything is bad. It's just as terrible as you imagined and probably worse. With more, we go to Tom Lee Cruz. Tomley, we're all in danger, Dan Lee.
Jesus Christ. What can we do? Absolutely nothing. It was good knowing you, Tom Lee. I can't say the same. That was unnecessary. We're just now getting in reports that all the children have exploded. They will be missed. Let's check in with Olivia Lee Rodrigo. Olivia, where are you? That's none of your business.
Do you hear that? Cut the music. Do you hear that? What do you hear? That's the sound of us slowly dying. Can you hear it? I can hear it. It's louder in my left ear. Olivia Lee Rodrigo reporting. I actually have some more questions for you. Okay, we're going to go to Kevin Lee Cosner who has more with politics.
No, I don't. Yeah, man. It's a cop 2020. Check me. Racist blue faces. Let's face you won't do nothing. I'm play making all statements. Stay patient. I move Jason been banking on puss lately. Win what I do you could tune in watch a move baby turn you to a doom station. First off got one thing. [ __ ] y'all like you ain't got dreams.
Tough top of small things they slept on me like a box spring. Y'all sound the same. Know I blow in Jesus name. I thinking that I had to pay a killer every day. Don't hesitate. You meditate I call it pray. You scared of you feel like pray. Don't be a demon in Jesus name. Got lots of money. That's the preacher's name.
Know I'm kind of funny but could teach you things. Your mouth is running but didn't hear a thing. That's kind of funny. They trying to teach me things. They still asleep but don't believe in dreams. Speaking of kings and did a solo man and I don't own no man but I own the p my [ __ ] but that on all the land all the continents and I can [ __ ] They trying to test the [ __ ] but won't take a [ __ ] only command and the oldest [ __ ] You know I know my [ __ ] like the older kids.
I'm like a older prince. I whip my old racist. I love blue faces. Last face won't do nothing. Then I'm play making all new statements. Stay patient my Jason been banking on push lately. Win what I do lately. Let's send it over to our senior correspondent Nicoli Minaj. Look at this chart. Let's bring it up.
What am I looking at here? I don't know. But it doesn't look good. That looks bad. Yeah, it's probably bad. Let's go to our eye in the sky, Timothy Shalomé. Timothy. Man, I am so high up right now. You are in a helicopter. I didn't know that when I got in. I thought it was a weird car. What do you see up there?
Everything. It's too much. We were never supposed to see this. I need to go back down. You stay right there. We're going to go to commercial. [ __ ] y'all. I'm back again. They say I'm lucky. They keep on happening. They say I talk a lot and I'm rambling, but they listen to litter and this a big ass plan.
Sit your [ __ ] ass down. Don't get back up. Don't need good luck. I ain't got no fuss cuz I got nothing to give. I need another crib. You need to pay your rent to get off my dick. You fake [ __ ] Too facing clout chasing in truth. Hating your mouth moves but you ain't do Nathan. You a damn fool but still school hating.
Do you like 10 years old? No [ __ ] you never listen. You never [ __ ] listen. They only heard the [ __ ] news been on lately. When I could tune in, baby. And we're back. Let's check in withgan. I just want to take this sports time to say that whatever you hear about me in the next 24 hours is completely false.
People are going to say things and have documents and recordings to back up what they say and it's just not real. You should believe me and not their solid evidence. Knicks take it by two. This is when champions are born. Monday through Friday, baby. 30 minutes before open. Come. God bless y'all. Quit [ __ ] Quit playing with yourself.
Amen. [ __ ] truth. Truth will set you free. Amen. See you play game. I ain't burning. I ain't can't play no goddamn game. Well, Meta down ape. The spy didn't really move, man. is Google. But that's it, baby. Game time. That's what I was saying, bro. Can y'all go back and just listen to everything, please?
Before you before you [ __ ] waste your [ __ ] GPU power to get me a AI email, I need you to go and listen to everything. Otherwise, you gonna get the same [ __ ] reaction. No, you're too kind, brother. God bless you. But it's game time, bro. I only want the Warriors. you know that. And I don't and I don't like San Francisco, but that's I want the real warriors.
So Chad, be blessed. You are blessed. Come on, bro. Epipha, you know, you could say there's Epiphys, Epi, there's all of them, bro. You need to know. Open it. You do you believe in your power or no? I said, are you just going to keep acting like like you don't? You tell me, bro. Look at Nvidia is the only one that goes up cuz [ __ ] meta [ __ ] Mark.
So, God bless you, chat. Be blessed. We got We got more work to do. Intel's inside. I know. Act like it. That's what I'm saying, bro. Who are where are you from, dog? That's Y'all don't get it. You one day you going you going to find out where you came from. You going to be like, I sent you down here.
All you you and you subscribed to 90% off. What were you doing? I gave you the ability to cast out demons. to tear down anything of darkness. What' you do with it, bro? Oh. Oh, I know. I know he's smiling. You know that. You thought You thought he was smiling as as you just sat there and they built up all these false idols.
You really think that's why as you s as you sat there timidly? Lord, forgive me. Lord, forgive me, dog. I don't know. I know. I feel you. Oh, I don't know if they feel me, bro. I don't know if they feel me. You block everybody. Yes. You don't get it. You know what the world's going to tell you, but you block everybody.
You need to take all of our dumb opinions that don't help you and all of our fake emotions. Please don't do that. You're so close-minded for money. No. You know why? What happens? What happens when you block all the dumb [ __ ] What happens? I already taught you this. Everything must be filled. Yes.
What happens when you clear the way, brother? Y'all don't feel me. That means the right people are going to show up. Oh, y'all don't y'all don't feel me. You think you think it's isolation, [ __ ] We filling it up. Clear it out. Clear it out. It's going to get filled up. But look around. Don't listen.
Don't take my word for it. Don't take my word for it. Go look at it. Go look at everybody's following. Go look at what it is. Go look at this. You know, you see it. I know it disturbs your spirit. It's all trash. It's all trash. You know it. You I know damn well some of your own mamas would agree with me.
You know it, too. My mom would agree with me. She would even say my language is trash. And I'd agree with her, but I said, "Mama, the sword gonna sword for now, but we gonna get there. But at the end of the day, I don't give a [ __ ] We need to clear the way." So, I hope you do it, man. That's why it is block everybody.
If it's not going to push you, it's not going to help you. You need to open your damn eyes. People gave you enough. They showed you enough of who they are. You know that, right? Everybody on Wall Street, everybody in the media, that's it. I told you it's time, brother. And then what? Believe me, the next step is it gets filled up.
So, I don't know, bro. Quack everybody. See, man, I like, you know, I love it. I'll still stomp a demon out, [ __ ] But I love a good joke, you know, and that's why he's beautiful. And that's why too, those of you who agree with me, who agree with me so strongly and are doing it, man, like look, I already found you.
You already found me, man. What are we talking about here? The evidence is right in front of you. So, let's go, baby. Let us enjoy and enjoy. But it's a battle, dog. It's a battle. It's a battle. But I'm just saying if you fill it up with trash, you are not leaving room for anything good. You understand that?
From your brain to your ear to your social to everything, bro. That's all. That's all it is. So finger to the sky. To God be the glory. and through the grace of God alone. Okay, I'm going to make you get to listen to the Felo video again and then I'm out. Many of the people God calls, he calls from an extremely violent past.
You can think of Moses. Moses was an extremely extremely violent man. Not only did he murder a man, but he actually dug a ditch to hide this man in. Now, if he was in a court of law, they would use the extenduating circumstances and that to enhance the crime because that level of violence shows that he was willing to do it again.
He didn't plan on taking any accountability for it. This was who he was and he accepted that. And he wasn't going to capitulate to your moral code. He wasn't going to fight it out in the courtrooms. He was going to bury you and be done with it. This is who Moses was. David was an extremely violent man.
He fought the two most violent animals at that time to attack a shepherd. You had wolves also, but wolves are not as violent as lions and bears. In fact, a wolf will actually think twice before it attacks a grown man because wolves don't want to suffer any damage that can make them unable to hunt again.
And a grown man can kill a wolf. It'll be a battle. But a grown man should be able to kill a wolf. But a lion and a bear, you have to have some level of delusion, some level of madness even to approach them. This is an extreme level of violence that loses all sense of self- concern. It does not calculate probabilities or reason with potential outcomes.
It simply sees red. And red is you guys don't get it. You know, I think God blessed us with so much peace. We ain't trying to hurt anybody. You know that. But [ __ ] you could take on anything. That's what it is. Some of y'all too [ __ ] scared. You could beat Google. You could beat the government. You could be anything you want.
Well, you don't believe it. That's the problem. You don't get it. That's it. Y'all acting like wolves. Exactly. You trying to preserve yourself, dog. You ain't ready for the big battle. Why y'all playing small? They don't feel me, dog. Actually, the color of violence. There's a psychological draw and trigger when you see red.
Blood, stop signs. All of these things are the color red for a reason. Do you know who else was named red? Adam. His name means red earth. Adam was made to be violent. When God made Adam, he gave him the charge not only to dress the garden, but also to keep it. He was to be a guard of the garden, a keeper.
And a guard is someone who's authorized to use violence to protect a jurisdiction or a person. You're authorized, you're told within your guardianship that you may use violence. A garden is a guarded environment. And just like Abraham who had all of his servants turn their plows into spears and swords, so you must be able to instantly switch on violence.
In order to follow the commands of God, it demands violence. Not physical violence, but the Bible says that the kingdom suffers violence and the violent take it. If you don't have violence, you will not get it. It's as simple as that. It is given to the poor in spirit, but is taken by the violent. In one of David's most triumphant songs, he blessed God who taught his hands to fight and his fingers the war.
He thanked God for teaching him violence. Now, man was not to be violent against other men, but he was to tear down images, to pull down principalities and powers, and he was to do so with the same level of violence and madness that David ran upon Goliath with. People like to talk, oh it was faith and some faith produced violence or rather violence produced faith.
When you're extremely violent, you do not believe you can be beaten. Believe me, I know. In the book of Proverbs, they talk about a man who got on wine and was extremely violent and he said, "They beat me and I didn't even feel it." You will not receive anything in this life until you decide to get spiritually violent.
Blessings are just permission slips. battle plans to get violent. In fact, one of the most underrated blessings in the Bible was the secondary blessing, the blessing that Yeshua got. Yeshua didn't have anything left. Jacob had stole it all. But Isaac gave him this blessing here. He said, "Look, when you get tired of your brother reigning over you, you're going to cast off his yoke." In other words, no matter everything that I've spiritually given to him,
I think you got the same promise, dog. If you get violent enough, it's the same for you, Chad. Peace. Peace. Here, I'll play you the other one. God gave me a word this morning when I woke up on the sassy rebellion. Now, I want you to think about every major rebellion that happened in the scripture. There was some form of sassiness that had to happen first.
In King David's life, his rebellion was started by his son Abselon. Abselon was known as a beautiful man who had hair flowing all down his back. When Abselam took the queen's women up top, they didn't even offer a protest. Everybody liked Absilon because of his beauty. He didn't have any of the markers of a man, but he had the beauty.
During the days of Elijah, the kingdom was ran by Ahab, who was a sassy man who his woman took complete control over the kingdom and had all the men around her as Unix. When Abraham first went into the land of Canaan, the Bible says that his herdmen were striving with the herdsmen of Lot. Now, I know you're going to say, "Well, Lot was a believer." But yes, but as soon as Abraham said, "Separate myself," where did Lot run straight to?
To sassiness. And also, the first rebellion that happened was Adam rebelling against the commandments of God. It happened when he put his woman up front and failed to take his responsibility to handle things. In the life of Jesus, his rebellion was started by Judas Escariat. The name Escariat is a feminine verb in the Hebrew.
It means man of kara or man of encounters. He was not a stable man. He was a man of simple encounters. Now you have to contrast a man of encounters with a man of purpose, with a man of stability, with a man of covenant. This is why Judas was jealous over the worship that Mary gave Jesus. He wanted to have that in his bag.
He was envious of a woman's position and what a woman offered. This is sassiness. That's why he came to Jesus by night. I want to talk to you about the key element of sassiness because God made man and he placed the man that he made in a garden that faced eastward. The word eastward in the Bible means with face or to confront.
The sassy man is not confrontational. He catches an attitude. God does not want us confrontational per se, as in belligerent, but he does want us to confront situations and circumstances in righteousness. The sassy man doesn't do that. The sassy man tries to get soft power and influence. This is what Absalam did.
This is what Lot did in Sodom. This is what Judas did with the chief priests. The Bible follows patterns and it specifically follows the patterns of the sassy man. Now that doesn't mean the man is always gay, but many times they are. The devil was the chief and first sassy man. That's why instead of confronting Adam, he went to Eve.
The sassy man has all the testosterone of a man, but he walks in fear and femininity. So what that causes him to do is bottle things up until he feels like he has an advantage on you and then he leaps. This is what Judas did to Jesus. This is what Absalam did to David. The Bible says, "As iron sharpens iron, so a man sharpens the countenance of his friends.
Men sharpen by friction. When iron sharpens iron, sparks fly. When iron sharpens iron, fires are ignited. But men sharpen by direct confrontation. You were made to confront. Your fear will make you sassy. So how do we overcome sassiness? God always overcame sassiness with purpose and poignency. Jacob was a sassy man.
He was a mama's boy. He had no hair on his arms. So God saw fit to send him to Laban and make him labor for seven years and then seven more years. For 14 years he had to grind. And then God got down and wrestled with him to let him know stop being sassy. As a king you have power with God and prevail.
See, he had put his women and children first, just like Adam did to confront the situation. The king is always supposed to lead the charge. Lot put his daughters out as a barrier for the men of Sodom. That is always the sign of sassiness. God healed sassiness in the life of Joseph. Joseph was a mama's boy, too.
In fact, he had went around telling all his brothers. He was one of them little tattlettail dudes. Oh, they did this and oo they did that. And he was dressed in a nice suit. God saw fit to put him in Egypt and then put him in servitude and prison in order to break that sassiness. The Bible says that when he got out, he had to shave.
His beard had finally grown. And when he went before Pharaoh, notice who he was then. He never begged for a position. I had to do 5 years of YouTube and fight Google. He stood on it and said, "Look, it broke me." They broke the sassy. Let's go on the purpose of the will of God for his life and he ain't begged nobody.
The sassiness had died, but Abselon refused to give up his sassiness. So he rebelled and ended up hung from a tree by his very hair. The same way that Judas didn't give up his sassiness and ended up hung. Sassiness will cost you the kingdom. The Bible says, "Be not deceived. The unrighteous shall not inherit the kingdom of God." Then it goes on to say, "Neither the effeminate or them that violate themselves with mankind." It's not necessarily that you got to be gay.
is simply being sassy. God made you to be a man, be a man. I've had these exact talks with my son. I was a sassy man. I was raised by women. I know what it look like. I'm not saying anything to offend anybody's senses and sensibilities. But I don't go for it. God didn't go for it for me. He put me in prison and made me do every day and focus on something because I was a pretty boy, too.
I wanted to run around acting like this and acting like that. But I was violent. Very, very violent. Sassy men are some of the most violent in my own life. I've seen a church being turned out. Listen to this again. One of the most powerful preachers, powerful churches I've ever been to. I ain't gonna say their name, but they had a powerful ministry.
And we went there and it was a little little sassy dude and he wanted to join the choir. And with the last time we went, he was almost in control of the whole church. I've seen sassiness rise up, you see. But that ain't going to go on in my house or under my No, we don't we don't do that. We confront things.
God put Adam in confrontation, so we confront them. I don't care who don't like it. I had a dude on here that uh I let I let text me and everything and so we were talking on the phone and one time I made a video and he tried to call me and like, "Yo, I didn't like the video you made or bro, I'm moved by the spirit of God.
I don't care what you like." You know what I'm saying? That don't mean nothing to me. Your sassiness don't mean nothing to me. By faith, Moses, when he became of age, refuse to be called the son of Pharaoh's daughter. You got to stop being a son of a woman. You got to stop being born. You got to start being a man.
Peace, dog. I post the last time I posted this, the spy was 30% lower. I posted this in May. Even then, y'all asked me this when I played you the first one and I said, "It's on my Twitter. Just go to the videos." This wasn't that long ago. It's Dorsy Savage. But again, you better listen. D O R S E S A V A G E.
Tell them what's up, bro. But at the end of the Y'all better [ __ ] listen, dude. This is what I I agree. All of it. And then you you have the wisdom of other things, bro. Y'all tripping. I feel you, dog. Look at you. Even made the terrorist. He said, "No, you can play it again, bro. I'mma play it again.
I'm going leave. I'm going play it again. Sassy rebellion. You need to listen to it again about every major. Don't ever forget it. Okay. For real. Nah, for real. Don't ever All of it. That's what it is, bro. That's what I'm saying. Look at I That's why I look at the followings and the It's all sassy [ __ ] That's why.
Even the acting, you waiting to confront it. People trying to get soft, but [ __ ] we know what you're doing. All of you see what I'm saying? What do you think happened every time a [ __ ] pay to [ __ ] get banned? Come on. Come on. That's what I'm saying. Listen, do whatever you want, but we're not doing that here.
That's Do you get it? That's it. We got to There's too much. I know. We got to break it. You got to break. Like I said, the Lord even got to put me through a lot. Oh, I get it now. I understand. In the scripture, there was some form of sassiness that had to happen first. In King David's life, his rebellion was started by his son Abselon.
Abselon was known as a beautiful man who had hair flowing all down his back. When Abselam took the queen's women up top, they didn't even offer a protest. Everybody liked Absilon because of his beauty. He didn't have any of the markers of a man, but he had the beauty. During the days of Elijah, the kingdom was ran by Ahab, who was a sassy man who his woman took complete control over the kingdom and had all the men around her as Unix.
When Abraham first went into the land of Canaan, the Bible says that his herdmen were striving with the herdsmen of Lot. Now, I know you're going to say, "Well, Lot was a believer." But yes, but as soon as Abraham said, "Separate myself," where did Lot run straight to? to sassiness. And also the first rebellion that happened was Adam rebelling against the commandments of God.
It happened when he put his woman up front and failed to take his responsibility to handle things. In the life of Jesus, his rebellion was started by Judas Escariat. The name Escariat is a feminine verb in the Hebrew. It means man of kara or man of encounters. He was not a stable man. He was a man of simple encounters.
Now you have to contrast a man of encounters with a man of purpose, with a man of stability, with a man of covenant. This is why Judas was jealous over the worship that Mary gave Jesus. He wanted to have that in his bag. He was envious of a woman's position and what a woman offered. This is sassiness.
That's why he came to Jesus by night. I want to talk to you about the key element of sassiness because God made man and he placed the man that he made in a garden that faced eastward. The word eastward in the Bible means with face or to confront. The sassy man is not confrontational. He catches an attitude.
God does not want us confrontational per se as in belligerent, but he does want us to confront situations and circumstances in righteousness. The sassy man doesn't do that. The sassy man tries to get soft power and influence. This is what Absalam did. This is what Lot did in Sodom. This is what Judas did with the chief priest.
The Bible follows patterns and it specifically follows the patterns of the sassy man. Now, that doesn't mean the man is always gay, but many times they are. The devil was the chief and first sassy man. That's why instead of confronting Adam, he went to Eve. The sassy man has all the testosterone of a man, but he walks in fear and femininity.
So what that causes him to do is bottle things up until he feels like he has an advantage on you and then he leaps. This is what Judas did to Jesus. This is what Absalam did to David. The Bible says, "As iron sharpens iron, so a man sharpens the countenance of his friends. Men sharpen by friction. When iron sharpens iron, sparks fly.
When iron sharpens iron, fires are ignited. But men sharpen by direct confrontation. You were made to confront. Your fear will make you sassy. So, how do we overcome sassiness? God always overcame sassiness with purpose and poy. Jacob was a sassy man. He was a mama's boy. He had no hair on his arms.
So God saw fit to send him to Laban and make him labor for seven years and then seven more years. For 14 years he had to grind. And then God got down and wrestled with him to let him know, stop being sassy. As a king, you have power with God and prevail. See, he had put his women and children first just like Adam did to confront the situation.
The king is always supposed to lead the charge. Lot put his daughters out as a barrier for the men of Sodom. That is always the sign of sassiness. God healed sassiness in the life of Joseph. Joseph was a mama's boy, too. In fact, he had went around telling all his brothers. He was one of them little tattlettail dudes.
Oh, they did this and they did that. And he was dressed in a nice suit. God saw fit to put him in Egypt and then put him in servitude and prison in order to break that sassiness. The Bible says that when he got out, he had to shave. His beard had finally grown. And when he went before Pharaoh, notice who he was then.
He never begged for a position. He told him what it was and he stood on it and said, "Look, find you somebody to go take care of it." He stood on the purpose of the will of God for his life and he ain't begged nobody. The sassiness had died. But Absalam refused to give up his sassiness. So he re God gave me a word this morning had finally grown.
And when he went before Pharaoh, notice who he was then. He never begged for a position. I was going to retweet it so y'all could stood on it and said, "Look, find you somebody to go take care of it." He stood on the purpose of the will of God for his life. And he ain't begged nobody. The sassiness had died.
But Abselon refused to give up his sassiness. So he rebelled and ended up hung from a tree by his very hair. The same way that Judas didn't give up his sassiness and ended up hung. sassiness will cost you the kingdom. The Bible says, "Be not deceived. The unrighteous shall not inherit the kingdom of God." Then it goes on to say, "Neither the effeminate or them that violate themselves with mankind." It's not necessarily that you got to be gay.
It's simply being sassy. God made you to be a man, be a man. I've had these exact talks with my son. I was a sassy man. I was raised by women. I know what it looked like. I'm not saying anything to offend anybody's senses and sensibilities, but I don't go for it. God didn't go for it for me. He put me in prison and made me do every day and focus on something cuz I was a pretty boy, too.
I wanted to run around acting like this and acting like that, but I was violent. Very, very violent. Sassy men are some of the most violent. In my own life, I've seen a church being turned out by sassiness. One of the most powerful preachers and powerful churches I've ever been to, I ain't going to say their name, but they had a powerful ministry.
And we went there and there was a little little sassy dude and he wanted to join the choir. And when the last time we went he was almost in control of the whole church. I've seen sassiness rise up. You see, but that ain't going to go on in my house or under my No, we don't we don't do that. We confront things.
God put Adam in confrontation so we confront them. I don't care who don't like it. I had a dude on here that uh I let I let text me and everything and so we were talking on the phone and one time I made a video and he tried to call me and like yo I didn't like the video you made or bro I'm moved by the spirit of God.
I don't care what you like. You understand what I'm saying? That don't mean nothing to me. Your sassiness don't mean nothing to me. By faith Moses when he became of age refused to be called the son of Pharaoh's daughter. You got to stop being a son of a woman. You got to stop being born. You got to start being a man.
Peace. Come on, bro. So, Chad, last time I posted it, I said, "When sparks fly, fires get started." That's what he said. And you, that's exactly what happened. You know that, right? That's why I said I'm glad at that time and at that moment. That's why I said some of you already said thank you. Some of you already turned your life around.
You got woken up a little bit. Some friction, some iron on iron, dog. You understand? So nah, bro. And don't don't thank me. You're blessed to have someone like me guide you. Think about it, my brother. You only have God. only look up to God, not another man. Not even me. Think that's that's sassy. It's you, brother.
All of you. But that's it. And if it's meant you weren't meant to be here, you're not meant to be here. It piss you off a little bit and it starts a fire, bro. Good. That fire just a couple months ago, that was enough for a crib for some people. That was enough to change their life at the right moment.
So, keep playing around. do whatever you want. But that's that's how it's going on in here, baby. So, have a good day. Finger to the sky. Go make the most of it. I see. Just go make the God bless him. Thank you, Father. Oh, goodbye. Jesus. Praise God. Amen. Amen. It's a call, baby. Hey. Yeah. If we talking plays, yeah, I'm in there like swimwear.
I've been there. I've done this [ __ ] for 10 years. You could have it all, but you've been scared. Big scare. Funny part, there wasn't even risk there. My thoughts belong. Yeah, I've been clear. No fear. Oh dear. Who you trying to control here? [singing] My God is the weapon. I ain't boasting. Nah, it's done.
Daddy said it's finished. Made me in his image, but that always made me timid. Wonder why we different. Don't you ever get it twisted. It's the only way we get it. Set apart from the start. And the heart is in ours. It's a hippie with the love, but it's David with the Sard. I want peace. So that means you going to kill me if it's war me try ski beach on the arc.
Want it easy or hard? Want a genie or a god? Then believe me little bro. You a child? You a son of the highest and above. Don't deny it. We don't like it when they tell us who we are. I can tell you who I was. I can tell you who we is. I can make another song that's telling y'all about the crib for a second.
Keep it real. It's not the reason they will kill. It's the freedom and believing they want that to bring the will to but I rather have it now. And I ain't never backing down. Lion going to eat me or turn his ass around. Either way, I will remain up in his name and say a prayer. He had to say it now.
Jesus. I put Jesus on the beat so I can listen to it. I got reason to believe that we living in it. You could say it's one hell of a decision in it. Hey, if we talk plays, yeah, I'm in there like swim where I've been there. I've done this [ __ ] for 10 years. You could have it all, but you've been scared.
Big scare. Funny part, there wasn't even risk there. My thoughts my own. Yeah, I've been clear. No fear. Oh dear. Who you trying to control here? My God is the weapon I bust in. Amen.
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