저자: TradingFraternity진행자 · 외국인
요약 보기
FOMC 직후 파월 발언이 매파적 성명 대비 비둘기파적으로 나와 금리인하 기대가 혼조. 트럼프 당선 후 규제완화·위험선호 장세 예상, 1월~3월 경 매도 기회 가능성 언급. 테슬라는 300달러 저항을 주목하나 장기 보유는 비싸다고 봄. 지역은행은 규제완화 수혜로 봄. 재정적자와 국채·금이 정치적 최대 리스크라고 주장.
다듬은 글
all right ladies and gentlemen I hope you're having a wonderful evening it is once again Thursday after an absolutely wild and historic week I wasn't even here yesterday I was too tired after all the election and did you know the election you know but after that move that we had yesterday on the market that was the biggest postelection move that we had have ever had so there was a lot going on and then today we had Jerome pal we got a little bit of info and by the end of this video I'm going to remind you because we got something right around the corner man it's not over and we still got to take it into the end of the year there's a lot of things going on a lot of interpretation even overseas domestically all of that and then not only are we having a live watch list right now we are going to have a very special live watch list yes so after I'm done with this whole Keys plays all of that I have all the good stuff for you we are going to go and do a zoom call and we're going to do what we did on Election night if you didn't know I was not live but we did have something there we were talking about it on stream that's why you got to be on stream man youtube.com thestock Market I'm literally trying to even find you it and it don't even show up in my own notifications so the best thing you could do YouTube youtube.com slthe Oh the stock oh look I already did it the stock market SL live that'll take you there we're going to schedule a stream I had to delete all of them but hopefully we'll be able to keep some of them up that's why you got to be there hopefully we'll be able to keep you got to be there but oh my goodness so we have a lot to talk about though I am very very excited and honestly the animal spirits in the market they are very excited as well and shout out to the longterm all that good stuff so bear with me my people on the recap but now good evening ladies and gentlemen what up chat How We Living what up star what's going on go TM Brian I want to be like Mike oh what up Jay baby I'm glad we're streaming too yeah there's no plans to stop streaming uh you know so all is well all is well in the neighborhood what up Luise dark poool H chap zider Grand 1 V one Moses Louis stock TR what up baby how we liveing Dr James Cass what's going on Christa Simon ly Noah most dope py you feel me I feel you bro you feel me oh let's go baby what up nope what up Mark what up Mr Orman so some of you guys were there on the zoom like I said we're going to go over the keys I'm GNA make you wait and and we're going to have fun because usually on these live watch lists we do the Q&A and we we have time to go over stuff but let's talk we could talk I mean there's a lot of big things going on my friends so on that that note let's get right into it oh man I don't know if oh that's the watch list there it is so right off the Batman today and Jerome pal that's the first thing I mean obviously we could talk about the election and all of that but really Jerome pal that economic shift the rap path I truly believe that is still the most important thing I don't know if you remember before there was any election Camala or Trump I did have a lot of theor so even when I said Trump if he got elected def infation and other things I am still concerned about that but the good part we got a little bit of time to see what's going to happen but today with Jerome pal he kind of helped alleviate that but it was a very awkward meeting I was talking about it all day today I even brought it up earlier why it was an awkward meeting because you just had this election there is a big shift people were dramatically changing rate cut odds following the win of trump so it was moving things around we don't get a SCP till December so pal was just about to go up there he was still going to cut rates while long-term rate cut expectations were changing so what was he really going to say and that's why it was a little bit awkward and I'll show you what was truly awkward about it but at the end of the day it was a little bit better than I expected the title Jerome pal is bullish he did say he is not in or out for any December cut he did introduce that doubt for the cut and now over the next two cpis and job reports till then everybody is going to be debating is he going to cut is he going to cut so you remember that Dynamic we are quickly going to move back to that I don't know if you've noticed how you know some people are sad about the victory but there are people just quickly moving on I mean go look at Bloomberg businesses as usual world leaders all of that stuff so keep that in mind but what we ended up happening here when the statement came out in Jerome pow they cut the rates today it read very hawkish but the Press conference was doish so this is why the rate cut odds kind of moved around today but here is the uh Nick Timmer housee tweet and we're even going to talk about Twitter here today but these were the changes in the statement actually let me get to it here so I don't know if you could zoom in or not but these were what we got right when we came out remember Drome pow comes out 30 minutes later so they changed labor market slowing they said instead of slowed they put generally eased that's a little bit hawkish than this line right here previously at the last fomc they said that the committee has gained greater confidence that inflation is moving towards the goal they took that out so they exed out the phrase that said inflation moving towards the goal and all they put was the committee judges the risk to inflation goals are roughly imbalance so that right there that was interpreted as hawkish you keep going down here the last fomc they said the progress on inflation and the balance of risk they literally got rid of the fras progress on inflation remember core CPI that ticked up for the first time in like 2 years so that was kind of addressing that but right when that came out you had a reaction there the bonds kind of vomited and even the rate cut odds even out to December that already was hawkish so that's why I'm saying it read hawkish Le and what made it so awkward is when Powell came on he was generally doish he did introduce his doubt he didn't rule anything out he brought back his optionality but he said he expects inflation to still keep coming down he said he expects the economy to keep going but they are monitoring everything so really I talked about this today yeah things are great and I'm just a little bit cautious just essentially we are going to be going back to that data dependent mode it's very simple if the data doesn't shift I don't think Powell is going to do anything so we're going to talk about it but generally he was confident about lower rates in inflation however he did not give guidance and now that is going to be the doubt that we're going to have to be working through over the next like month or yeah month and a half as we get the other parts of the data so that is your first key now let's talk about the election a little bit I mean what was I getting you guys prepared for all of the Trump trades so I don't know if you remember that chart that I was showing you uh with the sweep odds remember we I was showing you this was weeks ago honestly man if you actually go I think it was uh I don't even have to like look it up if you go here again on one of the uh prior watch list I think yeah the stock market how to make money off the election all of these bro we talked about them and there hi Market I want to see if I could get the Char or I could just go start looking for the uh yeah right here see I'm saying it's in this video I brought this up prior and in these videos I was fervently reminding you guys to be prepared remember I was telling you it's weird everybody keeps talking about the treasuries but why are they not talking about everything else it was very last minute but I want you to go notice what actually happened that's why we made that play on K go look the number one winner besides crypto the day after it was Regional Banks now oil that's actually in a weird spot it did go up but small caps they went crazy and then you did watch a drop in gold and then the Mexican pceo so all of this stuff man you really you had a jump on it and why I'm bringing that up because yeah let everybody Digest the election but look how big this reaction was it was one of the biggest in history and this is what I was telling you be prepared because people are already prepared and they're going to start running on these ideas and now week after week month after month until we get into everything all of these ideas are going to play out so hopefully you already have a good handle on these trades the Trump trade and then you keep a ear on what's going to happen but now this is kind of the problem if all of those things were great preparation the one part that I was still telling you and this has yet to happen this was a massive move but when do we sell the rip that was part of my initial projection like I was telling you I still stand by it if Donald Trump wins we were going to get a risk on moment the deregulation the animal spirits crypto all of this stuff but now there is going to be a point where we sell the rip and honestly I do not know when this is going to be the problem now given we just had Powell it seems logical that any rip rally continuation it'll probably be dictated by the data again we have two cpis and two job reports ahead of the next pal so that could be a spot however you have Bank of Japan in December you have Global conflicts they are either going to continue or they're going to end and then you have to balance oh my gosh are the tariffs going to cause inflation is Donald Trump going to ruin the economy even today they I don't even know who the experts are but they said it is a little bit overstated so these are all the things are going to have to balance but pretty much it will be risk on from like now until January is what I thinking and then as we get into the inauguration we hear more about policy the cabinet and then you get the new year and now 2025 and 2026 odds and different guidance that's where maybe we get out of the uh honeymoon phase and then we go from there but then you enter the first 100 days of the presidency so we'll see how it all plays out but I think you have risk on up until January until one of these events or something gives us that new narrative or we actually see the impact but right now man econom is expected to do good you haven't had bad earnings people are generally positive financially on Donald Trump again even Powell mentioned it today the worry of trump I'm telling you I I really think this is the problem with like all of the division we've had is like you have to unwind some of these ideas but I'm telling you if it is going to be worried about Trump with inflation right now people are worried about economic activity not necessarily policy or deficit you got to realize you just went through four crazy years of the deficit and a lot of crazy spending that is has really run its course and there's already a lot of things that have impacted that so I hope you guys are getting it's the risk on environment that is what is giving you this impulse and that could drive things and that's what even Powell has even discussed today so watch out for that but like I'm saying we got to see Let it take time and then we'll go out from there but that is your third key and now I'll even just tell you this I was thinking about it man even how pal acted today cuz I I dude it was kind of humorous he was generally he sounded exactly the same even though everybody's freaking out and the market move big off the Trump trade currencies are moving Powell was just generally exactly the same as before he's confident inflation and everything's going down and he was not worried about the policy he said he's not commenting on it he made that very clear on the record so it's not like you can literally say he said that verbatim but given his attitude that was what I got out of it but the thing about it is like if Powell let me just put it this way is the Fed going to respond to any inflation caused by tariffs I think they will but I think they will do it too late I hope you all understand this why do I say that because Powell did the exact same thing when Joe Biden introduced a massive new policy eventually he went on his vulker mode but he let it run for like a year and a half and waited till things happen and then he responded I don't think the FED has been good at predicting they have been very good at reacting if you really want to look at it that way so that's why I'm saying I think a lot of people in the market and other people are worried about inflation and that reigniting but based on Powell I I don't I think he is just going to be super patient and again this is why I'm saying we're going to just fall back right into that data mode so yeah he is just going to fall so get ready for it we'll see what happens but now you're final okay oh my gosh hi my name's Elmo no no got voice crack but your final key I'm just excited bro I told you I'm going give you something man we are so distracted like I'm telling you the data is important and literally next week you're getting CPI so isn't that a and then again we'll see maybe the data changes maybe the data becomes a little bit more clear are we going to still or maybe the data is going to look good on Biden's exit or maybe it kind of crumbles there at the end we'll find out but fact of the matter is like I'm saying if anything is going to move the market and get us you know stop and go green light a rally or kind of slow it down it's probably going to be the data or those other events that I just told you Above So CPI is next week and like I'm saying tied in Powell because he is going to be waiting on that data so we'll see where it all takes us it should be a good time but in the meantime I mean hey I hope you got some of those Trump trades in prepared and if not your longterm should be oh my it's a good time to have a long term but now let us get into the play so right off to Batman Tesla this one is the big winner of the election you know Elon was Buddy Buddy with Trump and EV if anybody you know a lot of the EV and clean energy they didn't do good so people are kind of viewing Elon and Tesla as kind of a winner take all I mean he did get neglected from the last four years when it came to the EV and government so maybe it balances out in the long run but when it's all said and done I think this is the big winner of the election so far and why I'm bringing this up because it is at that $300 level and it did not get above that in 2023 that's where I was was like damn that is actually wild because there was a lot that happened in 2023 and now even with all this going on it's like I feel like above 300 that's when the world is in favor of Elon when Tesla goes below it's kind of cuz remember like 2023 bro they were Wall Street Journal the Articles they were like he got 18 baby mamas he impregnated 18 CEOs of 14 companies he was just coming out I don't do there was he was doing ketamine I could go down the list there was a bro he couldn't catch a break then they're like he's a magga he's a mega supporter he had the red hat he bought 44 billion that he spent $44 billion he's you know like you got to really like I'm being dead serious I know it's hilarious but it's like that's actually what has happened and like go you know remember I had those uh it's ironic the CH I had child support too I played Tesla during this I mean you guys were here you guys got to see a lot of this stuff in real time and that's why I'm like man you know that $300 level this is like all right bro optimistic you loved Elon here you put him on Saturday Night Live when this thing was above 300 you know what I'm saying below here you got Jen Saki and Karin like we hate you he's the devil you know so this is going to be a great opportunity it has all of it I like it again I wouldn't add it to the long term just cuz I think it's expensive and you could get a better deal but relatively you compare a big remember this used to be a leader man so I mean compared to the Amazon the Googles the metas those guys already those paling in comparison you know Tesla already ran up but like if you want to tell me you know again we're in a world of meta's $1.4 trillion Google is oh what happened I think Google's at least I think Google's probably two trillion yeah 1.2 add the other ticker Amazon Amazon's only 400 billion so they got a little bit more upside but for uh Tesla right now still below a trillion I mean that's why I'm saying the $300 level it's there but if they really want to get crazy AI regulation but just excited for it I think it'll be a good momentum thing but I am not a fan of the long term there so we'll see how it plays oh hn we'll see how it plays out I don't have it and then uh oh yeah bro I also brought it up there with Tesla bro I think Twitter was a great investment for Elon I think Twitter just Advanced the news to a degree and it's insane I'm even going to tell you now I have my secret Twitter CU they bro they used to like clap you if you my Twitter is very uncensored okay okay my Twitter so don't you can't judge me on it but it's very I'll tell you my Twitter okay only for you guys here right now that's it I got it it's called real cult news that's it but if you get offended easily you may not like it but I I don't say too much but I I retweet retweet is not an endorsement don't trust anyone not a recommendation okay real CT News Real cult news I'll see you there man oh yeah I still call it Twitter I know I still I'm down with Twitter but at the end of the day i' like like I'm saying with how it played and why I say this because dude you remember back in the day using Twitter for news it was very important but even how this election cycle played out a lot of the info and now with Trump back bro I'm telling you Twitter is going to be a whole new ball game so that's why I'm like man it is uh it's going to be interesting and I I think that bodess well for Elon again they said it was a bad investment but I mean I think that investment kind of changed the landscape of American politics so even if people rejected it as an Advertiser I mean I I think it it really emerged as a winner here uh when it's all said and done both monetarily or not so we'll see how it plays out but that is play number one and then play number two k so this one man this was the favorite one I was telling you if somebody if they're shorting bonds and only talking about short Bonds on the Trump trade I remember I was telling you they're buying something else I think we were on a live watch list when I told you that and in this case I think that is it was uh Regional Banks so we got to make our plays free before I had those plays out to March I'm going to be writing this out till like January March again when we have uh that little window of the sell the rip I think that January till March this thing should start to go and if you don't understand why regionals are benefiting it is because of deregulation again uh Donald and his cabinet and the people he has there they lean towards deregulation that is the general idea especially with a red Congress so why is that good for regional Banks they're talking about remember bosel 3 and the liquidity requirements and all of these things that could kind of restrict Capital You could argue NE more necessarily or or at a necessity or not but Banks didn't like it it tied them up it limited them this is going to allow a little bit more deregulation and again competition for the middle markets I think it'll be great it'll be easier for the uh credit unions and and again the Middle Market all because again if you don't have high restrictions it's easier to compete in finance and banking right if you're not held to a massive International standard it's going to allow you to actually be able to compete that's why again that's why it's a massive move especially under the the red Congress so that was the big play I really I told you it prior so I hope it helped out but that one I think is going to even play out over the next couple months remember they have a a long way to recover out of svb and again the risk is still there with banks but until again economy data something happens you are going to be in melt up Golden path mode now I think they're just going to call it the Trump trade but we will see in then remember what I was telling you guys as far as like gold and even uh for the bonds and now even for the Regionals too the treasury so remember when I was telling you that the treasury update that could dictate a lot of things so so far I told you guys John Paulson before but right now these seem to be the two candidates so if you want to go look these guys up Scott bessent he's a hedge fund manager John Paulson manager money manager and he's I like John Paulson a lot I think he's a very you know competent educated man but these are our two guys right now I'd get familiar with what they support what they do what they like because I think you'll be able to be prepared and decide okay is that going to be more hawkish for spending or not and then we're going to see what happens with that so that is play number two and then finally ah I need water Baba bro China is a trip I think China is a huge wild card it's even running up right now after hours and I don't even know what to do with China that's why I think it's a play I don't think anybody has a clue right now it's really and dude I are you ready for this this is going to blow your and why I say this and I have a fun fact that's going to blow your mind no Ser I'm being dead serious I think I have a volatility in my mind of the whole situation that's why I'm telling you I don't think a lot of people know how this is going to play out people are worried about the Trump stuff Donald will definitely be more harsh towards China and that would be negative they're trying to recover their stimulus isn't taking hold all of that but then again they just did a lot of stimulus even tonight tomorrow they are having a a meeting and they're going to be looking for stimulus again tonight so even by the time you wake up tomorrow we might be reacting to China's stimulus but unless it disappoints right now but the fact of the matter is I thought that would get affected by Trump but then what happened today China had good economic data and I was telling you that after the stimulus you're going to get something called a green shoot you know China is kind of known for randomly running up that that data more or less so that's where I'm like okay are Trump is going to be harsh but if their data and stimulus if they really double down and go hard on it then we'll see what happens but now here's the fun fact are you ready how much percent tariffs do you think the Chinese economy can handle analysts are floating a number right now but let me I want to see what you guys think so again Trump is talking about you know the most aggressive one he's talked about is a 60% blanket tariff that's that's the most aggressive that Trump has proposed towards China what do you think would be the max that they could tolerate or what do you think analysts think that they could tolerate with that before it really starts to hit them and for the Daily Double the answer is 15 to 20 % so right now that's the number they're floating around if you don't understand what I'm saying that means if Trump put out a 20% tariff on all Chinese Goods the market and analysts are borderline prepared for that that's what they're saying you China could tolerate while still doing stimulus and while still having stimulus in the back pocket so that's kind of optimistic to a degree I don't think I don't think that's that bad if you know what I'm saying that dude 20% tariffs on everything that's their threshold before it's so that means that extra 40% that's your bargaining power essentially you see what I'm saying so Trump starting the negotiations at 60 they could handle 20 before there's any effect so we'll see what happens with all of that but that's why I'm saying China man this is going to be wild Trump should hurt it but the data is good and I I think it's going to be vol I don't this is a truly a wild card it's a gigantic economy and they've had so much going on and all the stimulus and all that so we'll see what happens but that is the final plays and now I made a lot of plays but I keep them small man and this is the thing I'll even tell you I I'm going just in the case of like like I've been telling you so far we've had wild moves all-time highs you know there's been a good opportunity for cheaper options but if we start getting some of these like big burst I think after this because I've been looking at him it may be time to start honing in closer to the money but it's going to cost you more money but you're going to have to get I think you're going to get a lot more stop and go volatility right now we're enjoying the good part of trump but that's why I'm saying maybe closer to the money but I've been throwing out a lot of these little small plays some of them are good again I even closed out one of them from a couple weeks ago for 1,000% that was the XEL but yesterday I mean so again this is today and yesterday but yesterday I started the morning with Panter I grabbed two of the 60 calls for 10 cents I sold one at 17 I don't know if they're up or down they went up like 100 or 200% at one point but still got one of those for free then I grabbed Intel March 55 so again I'm going out January to March and I grabed five of them at 9 cents so like 45 bucks but Intel like I'm saying this is far at the money the plays go up a little bit even with the TLT but these were already massive move so if you want to capture the immediate Trump gains you might want to get closer to the money so that's what I'm going to start honing in on as we watch some of these plays develop but I'm throwing out a lot of these cheap ones I grab the Intel this one I just think Trump is going to be massively bullish for Intel given the chips act they haven't got the money but you know all we're talking tariffs Make It in America even Ai and critical technology and I I think I think Intel this I hope they don't blow it but they should have an easier time with Trump otherwise we'll see what happens but I still my shares they're clapped and even in the long term I am even considering it so we'll see and then Newark I like this play a lot uh Newark Howard lutnick is on the board of Newark and Howard lutnick is the co-chair of Trump's transition team right now and here's the kicker are you ready for this we don't know and he he declines to comment we don't know if he is going to take on a uh official role in the cabinet so that's the interesting part he is the co-chair of the transition team but we don't know if he is actually going to have a Official White House role but he's on the board of Newark and I was like you know what I'm GNA throw $10 on these yeah they're 10 cents a pop or five cents a pop but spend like 20 bucks uh on it total I said I'll get one out till December there and see because again if he's not on the board I think his companies will benefit and then if he is in there I mean I don't know if he's going to pull a full Nancy you know what I'm saying so we'll see what happens but that was the other play and then I finalized or no I did one more I did two more but then I grabbed a TLT I said uh there was a bond auction and after again TLT hit 4.5 it sucks because it was so much election volatility but I told you once we start hitting 4.5 I'm going to start making a uh concoction of bond plays from TLT to Futures but I started with these March 107s I grabbed five of them for like 130 or 36 Cents it was like 170 I think or 160 total but this one went up a little bit today has some time there and 107 that was uh 107 that was where we were at yeah you're on the other screen 107 you were there I believe right around or right before svb or was it at the beginning of this year yeah it was like right around svb even the end of both years so more more end of the years and beginning of the years are not TLT was around there again that's why it's very interesting with rates and how everything's going on there so I think it's reasonable but it's far out the money these are going to move a little different but I made another one today we'll go over it but that's why I'm saying I'm going to start getting a couple of them as I like it but remember options are speculative on TLT when it comes to 4.5 on the 10year if you want to just hold and take advantage and not get killed by duration or any unexpected equity and shares is the way to go do not forget that but that was the other play and then I did this one was so dumb I did Qualcomm both ways two standard deviations bro Qualcomm was up 15% after hours on their earnings and buyback and then the stock went negative today but I think Qualcomm might go up tomorrow uh or excuse me next week so keep an eye out for it if there's a double dip opportunity but otherwise I'm going to lose like I think a 100 or one or no 200 cuz I doubled up and I forgot to double sell so that one hurt but that was cuz again all these other plays are small if you really put it into context again $10 $20 $18 again I bought $18 on fastly this was earnings again this is one of those names had a lot of upside in general had the pin so went there with 18 cents January 15 and then today these were the two plays I made after Powell kept saying he literally said he's not pretty much kind of guided that he again and he said no guidance it's not this is all my interpretation but the way he was talking about it and he said hey he's not really too worried about timing and that things will be slow to react to policy that was the vibe he was giving not worried about inflation still going to stick to the rate cut and just oblivious to everything else so you know I figured $93 that's where TLT was at literally uh the day before the election so I think a gap fill on that I don't I don't think that would be unreasonable at all so oh you don't see it oh excuse me but yeah so I grabbed uh I grabbed uh 10 of them at 29 Cent so I spent a little more they went up 30% at one point I think they closed up like 15 but I and and again Trump won I'm announcing all the plays on stream too but if anything uh you know you I I called it out too you had opportunity you could have made them free I was going to and then it literally bought it topped out after that but still going to ride those out until next week and then we'll see where it takes us and then I grab one uh Unity it was a January uh it was a 30 car was it January I think uh no November 15th I grabbed the $30 call for 18 so that was their related earnings again they had they literally were there uh two standard deviations they were there like two earnings ago so they underperformed remember they had like pricing stuff and all that and then I just figured 18 bucks upside with a little bit of time I'll take it so that's all I did but a lot of plays still holding the bonds they got bad on Election Day you know made half of it back but like I said I'm starting to structure some of these plays and I think we are going to get driven by a lot of data moving forward so other than that we have a lot in store in the long-term killing it man oh my goodness I don't know if you got I said no look November but I think it's stupid I couldn't help but look at the long term remember we did get a I haven't used my deposit so thankfully again you know these events and these big moves man we're fully invested already so that is the the blessing of all of it because you know we don't really have to chase any we've got to benefit on everything from now the start of trump to all of it but I'm going to be building up a little bit of cash I might go like Intel or any of the other dividend value but I'm not really in any rush and that's why we just get to ride it out man so it's awesome if you have any questions let me know but I will just tell you this I would like to take your questions in the chat but how about we just do this in a zoom call how does that sound yep so what we could do here is I am going to uh where is it I have a zoom call ready to go and you guys could join up I do ask that you are respectful non offensive uh don't get me banned but thankfully I am not going to let all of you in all at the same time so how we're going to do this I will post the zoom and I will post the uh I will post the uh password for it however oh I connecting however you will be in the waiting room and please set your name on the zoom as your YouTube name okay because that way ah I hope this works oh [ __ ] all right I hope that works but that way I will be recording in progress read AI oh nice but yeah that way I will chadf fact you uh yeah you could just listen well you could listen in through here so you don't have to join the zoom if you don't want to participate that was intense right so yeah if you don't want to participate you could just listen in but that way too if you guys have any questions or anything uh we could go there so why are you nervous I don't know so Johnny stalins I know this guy all right who else we got Harry who's Harry who's Harry 2020 Harry so I gotta you got to let me know who's who That's it man you're going to get uh you're going to get chat ped yeah unfortunately so Harry Harry 2020 we got a new Chad daughter is Trump's you were you were asking if Trump was stuttering and swoll his tongue was swollen five watch list to I don't know oh yeah here see I could I could just put you guys on right now look at that yeah this is going to be a this is going to be a good time oh I know Brian Fieros oh I know zaj uhuh oh I know bsky we had him there last time I know do see I know you guys I know see that's the beauty you see reputation oh I know I know Uncle Terry you see that goes a long way so Harry I'll let I'll let Harry slide Harry seem Harry I hope you're a good guy let's see but everybody else I think we could start with uh oh I know is it hi deer 8i I know hi deer okay this is beautiful so you got to let me know who's who mhm Federico I know Federico but I I don't see you on here yet so let's do this I'm GNA let you guys in we'll go in we'll go in waves cuz like I said I don't I'm going to go cautiously because I know some of y'all going to get me uh get me clapped or something man you know so let me uh ask you guys this does anybody have a question to start I Know M Matthew Orman I know flave if you were there last time I'm just going to let your ass in but please mute unless anybody has anything oh wait can you guys hear me now I forgot to unmute it yeah if you want to listen just stay on the stay on the YouTube but if you are trying to participate uh let me know I was there I don't see you Justin cantou okay you're not not not a bad where's J I don't see am I like why can't I see anything today man what's wrong with me I don't see no Justin I see freder Rico FR you are Nick Norby oh crazy bunny all right well you guys hear me right can y'all hear me in the zoom y'all need to say what's up man we need a mic tag nice so you guys know too you guys are all on a FBI watch list now okay you guys just joined the that's unfortunate hello agent what's up baby it happens man it happens co co co co co co co co baby so what's going on how do you do you any of you guys have any questions about uh what happened today and who got that loud ass mic bro it was Dr James he's a doctor it's okay he's a doctor man it's he's a doctor I I thought I oh did I not Pinn the link I forgotten that Andy all right let me see I thought I pinned the link but yeah it's not you know I'm just really shocked about how uh everyone was trying to make a big deal about the Pal versus Trump right like right after the election oh yeah so that's I'm glad that you bring that up because I didn't it doesn't even come up but that's like if you go look up pal today it is literally like the headline of every story so they did ask it it just dumb again remember in the beginning even when this rumor was floated that Trump was going to Fire pow we were talking about like it's it doesn't really happen he doesn't really have the the right to do it and just unnecessary drama I both I don't think he would want it or not but I do think that uh I do think Powell is going to get replaced man I think uh I think after 2026 he's going to be gone but they asked him three times his reaction was no no he was uh he was super uh super uh what's the word pissed about it I don't know like he Under Fire yeah and he was short with it oh very short with it no that's all he had to say bro it was kind of crazy man so you could have clapped him really hard at that moment too and gone on like some giant you you know Soliloquy about it but he didn't well yeah well that's cuz it's not even like I I I wouldn't it's so dumb to even legitimize that question like to a degree that's why even my reaction I'm like this is you know I we need to get past the uh kind of the whole like gotcha stuff to a degree and playing this like oh drama because at the end of the day I mean no one really it wasn't like a ever really a real possibility it was a waste of time but at the end of the day I mean it didn't change too much of the uh I don't think it changed too much of the whole entire press conference or what he was saying so was not that bad not I'm kind of Gonna Miss I'm kind of I'm kind of Gonna Miss pal honestly I I mean he he might stay I don't know but I you know I think I think I'd be sad too but I would uh I would be excited to uh see who yeah and then then again we had that list of all the people you know even Scott bessent and there's a few others oh actually too oh I need to get you guys the article you know uh I think it's uh Trump's chief chief of staff he has appointed oh Susie yeah he appointed the first woman ever as Chief of Staff of the White House and they said he hated women dude I know so that was a that was a good one I don't know if that got any headlines uh for anybody out there and again if you guys are in the lobby let me know uh you have to say your name here in the chat otherwise you know I got to give you a background check before letting you in you know but it's good once I give you a background check it's good you know so I got to know I got I got to see you in the chat man and is there anyone on Trump's Federal Reserve chair list is there anyone on there that you personally personally like or you think could be good for us I I have no idea who's on the list that's the thing I don't think we have been given a uh okay Goa that's why cuz it's it's far out you know realistically just how even every like January I don't think he knows no no no it's January 2026 so that's oh you're true year yeah that's the whole point because got a while yeah Powell's term ends in 2026 so that's why he's that's what I'm like it's more it's it's 99% likely that he is just going to finish his term and then he'll probably be replaced they might keep him but I I really do think it is uh I think it is time for him to go essentially your Chad fax is all on Twitch why you got it why' you put it on Twitch man you got some here no you've been up here see that's the beauty I like see you're good Zer is it z z you're Zed see that's beautiful see that's it man you got you got a good credit score thank you man of course is that 50 basis point cut the reason you say pal has to go because I noticed like you immediately turn sour towards him when he capitulated like that no man uh Powell it was well before that uh Powell literally the guy [ __ ] transitory man that was the uh that was where inflation yeah and all the like and that's why I'm saying for the uh the key that I had because it's like dude this guy and that's why I'm like every I really truly think the market is being so dramatic about what Trump is going to do in the future effect because Powell literally sat there while they pumped $6 trillion do and he kept rates at zero when everything was going insane so that's it what's up man how you living Zed yo what's up Josh thanks for having me man what's going on man now great man do you think that the um do you think that the rally that we've had after the election do you think all of this is 100% Justified or do you think the mark good is just like in la la land no I think it's uh I think it's somewhat Justified because I mean as long as until the data goes and turns around I mean I said it today it's kind of tinf foily but I'm also I'm not reacting on this is what somebody even asked me today and I just I explained it man like I believe in a hard Landing still I even think there's a a very decent amount of a mess that is being uh that is being passed down I think Trump is going to they're just dumping a lot on him but I say this in a way where I have i i a healthy skeptic ISM and I really encourage all of you to have healthy skepticism and what I mean by that is that even if I have been bearish at multiple points or even if I'm like yo this is a little weird I am not selling and running and and and being all oh my gosh we can't do this there's no opportunity I am just again I'm waiting for the data and the shift just as we're watching you know Powell do the same thing but I I think as long as you are not making rash panicky financial decisions off of your skepticism I don't I I think it's more than Justified right now and that's kind of how I feel towards all of that and then I try to I try to find you Uncle Phil I swear I saw you in there and I searched the name I know yeah I know Robert Lloyd see you get one but I don't know you disappeared disappeared bit of a pivot I was uh I was taking a look at uh the possible policies on energy in regards to nuclear we've kind of been talking about that for for a lot of the year just curious what what you think his new policies are going to do to impact energy you know with the whole drill baby drill thing you know I'm up I'm up in ND North Dakota you know we want oil obviously we're I'm happy with that but uh do you think it really has an enormous impact or do you think they I mean with Google and Amazon investing so much money into it yeah I D I think energy is going to be huge dude uh and because again that it factors into a lot of things and again energy will kind of determine inflation remember I've always told you that is a part of the lifeblood but when it comes to the oil stuff I mean I think nuclear is one part but oh man I just blank there's a huge thing that a lot of people are overlooking with uh oil it's the uh oh I just blanked I had it on top no no no ask the question again it'll come back to me uh about the nuclear energy how Trump's policies and the Republican policies are going to affect that with uh big companies like Google and Amazon still I mean they're they're pumping tons of money into oh yeah no you remind me okay okay no no yeah I got it back now it's you brought up the big corporations and I just I it I'm talking about oil here because the spr this is what this so I think energy companies are going to do good I this the price of spot oil is going to be weird but you guys got to realize did Biden keep oil down yes but it took a worldwide cooperation of dumping oil I I think Trump is going to refill that Reserve down the line in the next four years you see what I'm saying so that's why the drill baby drill it will increase Supply and and that should bring price down right but right we have I think he's going to try to make up ground for the Lost reserves you see what I'm saying so that's where I think it could probably get a net positive and then energy I just think or nuclear I think he's just going to be more favorable towards it I think Trump again I I think he's going to remember a lot of people didn't want nuclear I don't know if you guys remember that people even a couple years ago they're like no no no no no no no and that was more of the prevailing logic but people resisted but it's it's very efficient so especially with the need for AI I think they're definitely going to uh I definitely think uh Trump will be more favorable if anything at at least the same cuz it did seem like the Democratic side would have been favorable as well to nuclear too right it's kind I was thinking but I just wanted to hear your take of course of how come you don't like energy stocks in your portfolio for the long term cuz somebody said it uh very very well in the twitch chat when I explained it last time because you do not get rich off of energy but you stay rich off of energy because when you trade commodity names you have to uh like it's big you have to put a lot of money down that's the only way it's going to be worthwhile so like when I made my longterm and I made my first come up I didn't you know I I bought meta at IPO you know I bought Amazon at two 300 bucks pre all of the splits like you go get thousands of percent you even seen it with even meta the ones we bought in the long term that's how you are able to get good growth and good money off that but you know energy doesn't really offer that so I've never really been drawn towards it and I've lik dividends it's good as a dividend player but I think if you have a a lot more capital and you want more kind of stability to a degree then yeah but for me I mean I'd rather I like to get my stability through like healthcare or biotechs in a weird way but and then I'd rather get stuff with more growth that's why I've never really been uh I've never been drawn to it from my start till till even now I'll trade it though that makes a lot of that makes a lot of sense because I I have old lawyer that I used to intern with he put a lot of his money into energy but he was old and you saying that puts two and two together it's stability and it's good money when you want to put a lot of money safely yeah yeah it even translates to the Futures too because like oil Futures are gigantic that's why you can make or lose a lot of money oil will go 1 two 3 4% in a day but a Future's like 10,000 barrels or something like that or 40,000 barrels it's just you trade you have to trade it in big amounts Big Supply to make money goes for gold too think about it you buy one gold coin yeah you made $1,000 on the best rally in history you see what I'm saying but if you bought $20 million of gold you're you're loving it because it's stable and you were able to get those moves and then you know a couple percentage points of stability it's a lot better it's kind of like real estate to a degree but definitely has its differences wait oh you can't oh because I'm on oh man wait talk you guys hello do you hear Do you hear him now check check yo che check Che yo oh my bad I think it's because I was on the uh I think I was on yeah my bad I was on the uh the other one oh I see [ __ ] you're in here all right my bad who else if anybody wants to join let me know if you're in the waiting room I need to see you in here I'm just I'm glancing over back and forth I'm answering questions trying that's it we got to go slowly you know got to go slowly little by little man little by little hey Josh what's up man uh what what's the significance of the bond hitting four five bro I thought you were about to say the significance of the passage of time bro I was about to you know you know how scarred I am that's you that's crazy man but the significance of four five I mean it it leads into five uh that's a that's a camela answer but that is a really five is a big deal even pal brought it up that people were uh freaking out about 5% at one point and then 3 weeks later it pulled back but I think 4 five is a level where it's high restrictive and even if inflation does come back it would have to be major for duration risk to get really bad from 45 I just think 45 bonds become a favorable Insurance value that has been my theory I've been saying for a decent amount of time now I hope that makes sense because like I'm saying at 45 can the bonds go to five maybe 575 yeah and that would be another like 30% down which it depends on how you're trading it or if you're on like basis is it's it's not that much but the fact of the matter is you can lose a little bit with duration or if inflation and all these things happen but when it's all said and done if anything bad occurred or Powell does cut rates and he does stick to the SCP and that gets even more aggressive there's only there's only upside so I see it as insurance at 4 5 and above I may now because again we'll see we do have to monitor the Trump trade and and be cautious you know we can't be uh too narrow-minded with it you know let's what if the inflation really again I'm already suspicious of a lot a lot of things but what if the policies do bring that inflation then if if inflation returns like the late 70s we got we then bonds we might have to worry about this idea but that's why I'm saying for now I think it's going to happen slow in until I think that might take a year or two that's why I think a year and a half two years of trump maybe that's when we watch inflation go crazy you got to think about it I think the inflation is still on the old Trend before all the other stuff hits it's it's going to take a while just like it took us two years just to see it even come down so I just view four five and above as a good value and good insurance with not as much duration risk as some of the other times when when TLT and and the bonds were around this level hey Josh I have a question yes sir uh how you doing man it's Andy what up baby man I really appreciate all the hot work I just want to say that first and um what do you think Trump um Trump is interested I mean Powell was kind of fending off all the questions about Trump today if I'm not mistaken but what do you think Trump would want Powell to do until he's actually physically in the office I think honestly I he said he didn't like the cuts I don't know if you remember Trump right when pal did the 50 said that's too much that's way too much he shouldn't have done 50 and obviously I agree with that and I think a lot of people do but then again I do feel like Trump might be like well you know we could use it I like ra Cuts we'll see I think it really kind of depends but I think and that depends truly on how genuinely worried we are about inflation I think the media even some big investors I think they are being so insanely overdramatic about the Tariff and inflation and again like I said I think a lot of people are misinterpreting it is not inflation through the deficit yet he has to [ __ ] it up first it's it's inflation through a heated economy and activity so I think if the data if they're truly not worried about it I think he'll be favorable of rate Cuts Trump would want would actually want them otherwise if there is a real risk of inflation and they see it whether nobody wants to negotiate Trump he what if Trump can't get the war deals you know what I'm saying then yeah but you got to think about it if he knocks down geopolitical risks if you could accomplish you know one thing at a time that we've been dealing with I mean it it could support the general gradual path that Powell's going on now unless we get you know again Wicked job loss or something out of nowhere what about this Biden spending um maybe ramping up a little bit just before he leaves the office is that gonna play a play a little role with that in terms of if he sends more money to Ukraine and all those things I think it'll Clap the uh it'll just add a little bit of pressure on the bonds towards the end of the year but I I don't there's only so much he could do uh like you know what I'm saying spending wise but I think the damage has already been done so anything now would be be a little bit of a tip but other than that I it shouldn't be there but if it is I'll I'll I'll keep an eye out and let you know thanks man I appreciate the answers can I ask you something Josh yeah um first of all um good morning from Germany hey what's up baby ja it's freaking early here but um when you were talking about like the terrorists like how strict do you see Trump's position for example against like Europe because the politicians here are like literally freaking out like the chancellor of Germany he literally fired our um Finance Minister and they are like in the in the talk shows and and and everything they are like literally freaking out yeah they did in no confidence vote dude they're going just like France after the finance Min yet it will it's it's it's weird situation because it is it's cuz and that's why like you guys got your own problem right now like just economy wise I think I think you could use fig yeah you could use Trump as the excuse but and and this I think there'll be temporary pain for Germany and the UK just just off of trump alone you know what I'm saying just ignoring your guys's other problems but I think it will be favorable because again if Trump I talked about this today in a weird and this is it's a crazy Theory but with how much people have moved already on the damn threat of this guy talking it's insane it reminds me of Powell tightening and loosening conditions just by talking and why do I say that because the guy is not even in office yet and the dollar is tightening conditions because look at the euro look at the pound look at all these things so you got to think about it at one point if he's ever just like you know what we have a deal no more tariffs and that would that would change a lot one question comes to my mind is like the current politicians from for example Germany they were like pretty mad about him and talk bad mad [ __ ] about him and how will they approach him or how will he act if people have talked [ __ ] about him like on on like country level like other leaders it's not that it's not that personal uh and this is the beauty I don't know uh someone you guys can find it I have a playlist on this channel of economic lessons have you been have you remember when we were reading the book did you ever get to watch one of those yeah sure so this is straight up a lesson out of the book from of bargaining power that's it so even if they talk [ __ ] or not I it's not that personal the fact of the matter is that's why I'm like Germany they have their own problems I think Trump is going to definitely negotiate they may have a little bit of pain initially and then it'll do good but all it is is that Trump just has the bargaining power right now that's all yeah then when it's all said and done through both words action even the support now because not only is it Trump it's Trump with a red Congress so now these other places know he's not going to get the same type of gridlock so just the scales are tipped in his favor they're just more likely going to make a deal that's why I'm saying I know a lot of people are scared of it but all road just point to a deal I'm actually not scared of it it's like I'm I'm kind of surprised like the politician leaders we don't want them as as like Nation anymore but we don't have any like chance to get rid of them faster and like it's it's weird because a lot of people I know they are like happy that Trump got in power but on politician level like we don't know where the country steers right now yeah dude Germany's Germany's been weird for a while you were I don't know if like remember when we played the ewgs like they were at they were you guys got exposed through the inflation the war [ __ ] all of that you know what I'm saying so all of those all of those things had an effect but I do like I said I think it'll be temporary pain everyone's going to figure it out but I think by year two to year maybe year three to four of trump I think you guys are going to be riding the back wave of of everything uh assuming you know there's no hard Landing or we get a hard landing and then everybody recovers yeah thanks open say what is the floor open yes sir all right I have confession to make uh and I'm ready for the water boarding after I confess um so I did have XOM at around $50 and since then it has gone up significantly and I may or may not have sold around nine out or 90 out of 100 shares leaving me with a bigger sum of money than I had to begin with and I know I know five five years years is not 10 years and I should still be holding on to it since it was long term but now that since I have this money Josh I'm thinking do I wait a little 3 to six months period like we're talking about and you know put the 2K 2K here 2K there and a couple companies or an idea I got was go TLT shares since we're getting Great Cuts now and it might not be like a you just you just exposed yourself bro you did I know know you just want toy TLT that's it I just want to buy TLT that's all you want to do no [ __ ] I mean I guess there's shame no [ __ ] I am no [ __ ] [ __ ] y sh yeah so I mean I will give you credit you held for five years that's great you know that's a start that's honestly I'll give you I'll give you props for that I'm glad you let it mature but this is why the Le you already know everything it sounds like you definitely listened uh but you didn't listen but you know this is you're you're getting motivated like I've always said man you guys PS you know I I give you a template and pursue it take some risk go ahead I'm not I'm not against that but next time or now you see in advance you don't move until you're ready to strike so for next time in general you don't sell that even if you're like okay I'm GNA do it after five years okay this is all just a secret plan to buy TLT whatever the reason is though until you are ready to move into the other territory you do not give up your territory you see what I'm saying so that that is the mistake that you made within there but I mean go put a little bit into TLT but just don't go overboard and then you space the rest of it the other 2,000 into other things hopefully but okay and again I mean I never like the energy to begin with go lock in a go lock in a healthcare with a dividend and maybe that could be something you hold for another five to 10 depending on whether or not you want TLT dude I top ticked nvo I'm like really sad about it but I'm just not going to sell it you know I'm down on it now I 13 bro as long as you buy more but I already said that's the one I wanted I wanted a top ticket I've always wanted a top ticket and I love the OIC Trend I am I'm not even like I don't even use it I just I'm a big big my D yeah bro it's it's powerful though a lot of people use it so I think it's gonna it's going through the first mega wave and it'll relax for a little bit but then I think it still has a a very very bright future so that if I ever sold like cover calls on Airbnb nvo or like McDonald's would be one of the ones so long as you buy more I think you'll you'll be good to go gotcha I appreciate it homie of course man how do you feel about um infrastructure efts or ETFs um I don't know if you invest in those I'm looking at them like um there's um let me see I have pave as one of them I'm fairly new I've had my my long ter for only for four years and I'm looking to add them to my list I just want your opinion on them so I think I mean with how things are looking it'll be good but I don't know I would I would go and look at the ETF itself like go find out what they're holding and then go all the cart cuz again it is this is the most expensive it's ever been so I don't like my my rule for the long term pretty much is like 2023 if it's up on the year there's so much spread between names I'm I'm that's going to instantly rule it out but I like the idea I like where your head is at with it somebody brought it up today on stream uh like industrial REITs and like man I like the REITs not the ETF I think I don't know if you want to go hunting that could be something but again for the long term focus on the stuff that you are like really familiar with too because that will also take you a longer way because again some of these go through the list see if there's a name that resonates more in that ETF and you could just pick one or two of them or maybe look into the uh industrial reats but I don't have any of these in my portfolio I would consider it if it was at a lower price but at this price I I think there is better deals out there in the market right now yeah I think there's only like two of them that are like less than 10% so far year today yeah I would just I'm I'm saying like other opportunities in terms of like I would just go buy like even human until it went up or anything else in that sense cuz what we did with the longterm and I think a lot of you have noticed it I mean cuz some of the plays we even made this year by avoiding just any sort of like premium like and and yeah you miss out on momentum and hype just like you buy the top on a lot of things and that thing keeps going just like some did this year man they they did very very good but by out of an abundance of caution and going for the names that are lower I have found a lot more safety and cushion and I think a lot of people have noticed it so that's where I'm at with it but not opposed to it if you have other things in your portfolio that balance it out I mean you could throw anything in there and and work it in as long as you again you don't go too crazy you know what I'm saying don't overweight the portfolio if it's at all-time highs you know don't throw all of your money in at once so even if it's not fully on criteria the way you're going to make it work is by actually sticking to a plan having the the time you know like literally you're going to probably average down on it at another point and and ride it through and then you you know as long as you don't overweight it you'll you'll be fine hey Josh um I was I have a trade idea but I'm just I'm not 100% sure on when to pursue it um you'll never be 100% baby you got you got to work with like 90 sometimes 70 the uh it's the war trade it's the buying the lmtr RTX puts uh because you know according to Trump he's going to you know end it all but I just it's hard to determine you know when to get them you know how much I should pay and what you know what the time should be on them well let me give you something better determine how much War premium is in the stock that's true because it's already moved down so the that's going to because again they're still going to make money still they're still going to fund the government and a lot of things accomplishing the the War ending that would be it I'm sure it would hurt them it would be a good thing but at the end of the day it already dropped a lot now cuz remember even at one point after like Ukraine remember like popped and then it just came back down and it stayed at a certain level and then it started moving so I would try to get an idea of how much War premium is really still remaining and then that way you could just see if there's actually meat on the bone from it and then you know just go according to the signals like if you get any updates you know so far world leaders reached out I mean I think there was a Hamas leader who who said something I mean things things are looking favorable all already again Putin already made a comment Ukraine uh zalinsky made a comment but he did say that he does not see giving up any land as part of a deal so really if if Trump could get Putin and just say all right fine no land and I'll end it that that would be amazing uh but it's already going in that direction but the the crazy part is are you guys ready I'm still the president he's not even what do you mean he's not even in office I'm the I'm the president yeah yeah it's just LMT the runup was so ridiculous I think it it and RTX I mean the timing of it crazy it was weird though it would go in it would go in increments some of it was based off of externals some of it was the war and then it just built up very weirdly kind of like gold to be honest that's what it reminded me of because LMT ran up like $100 in like three four months it was nuts I remember on one of your watch lists you talked about um there being a potential grab in like the international market with Donald Trump coming into presidency is there like specifics uh maybe specific stocks you're looking that I have a bunch of like dividends ones because I'm trying to build my dividends portfolio [ __ ] yeah I'm looking at like d demm idv uh viig these are just some of them and i' I've I've had them since I started it but now with I I forgot how it went um during that um that watch list but there's a correlation with if with the them easing up more and then that market picking up so is there like any specifics that you're looking at that I might do some research literally what we're even saying with Germany so like Germany UK I think those are going to be they're they're going to have initial downside but after they have that downside I think they're going to be a great pickup I think they're going to have temporary pain but then they'll go up because think about it the dollar shoots up what just happened to the pound and Euro it just got weaker by like 2% over night so now they just got as they're struggling now and even though they're cutting rates compared to everywhere in the world now the the currency is a little bit more cheaper now it's going to make them a little bit more competitive so it's going to take time to feed through they're going to have to deal with it their policy the UK is a little weird with the policy and again Germany has their own mess but those are the two areas and then like I said on today China is a real wild card man I don't like cuz I don't I really expect that Trump would be harsher and we have seen a lot with that but at the same time they're turning on the the stimulus even the data last night they're they're ready to kind of start say look the data is big now you know the green shoots that's that's kind of what they've done in the past and then if if they could handle 20% tariffs then that means Trump could get what he wants it'll sound aggressive and then they could still do good so China I we got to give it a little time like I'm saying I think Europe is going to play out kind of Simply but then we wait to see what happens with China but I do like opportunity with China and if you are looking to add international to your portfolio here's the deal just I don't know unless you want more International exposure just make sure I I don't know if I would go more than like 10 or 15% of your portfolio International unless I don't know what you're trying to accomplish and why I say that just look what we've gone you know we have almost primarily we almost have just uh we have primarily the uh uh what's it called what was I just saying I got I got throwing off the zoom the noises they got me I forgot what I was just saying the last part but yeah oh no more than 10% as long as you don't go more 10 15% of your portfolio you'll be uh you'll be fine uh in terms of not over allocating yeah I see it as an opportunity because it's like the UPS's and and human they're all trading way behind they're lagging so that gives you that gives you some International exposure not human but ups that would to a degree but I like I still like UPS a lot I haven't bought it but that one is on my list yeah I think these these are like options like fxy it's what really cheap compared to where it trades um well FX I mean I like Japan equities too I think they're they're after they get through the mess we'll see what happens with the carry trade I mean there's a reason Buffett's buying it they're they're going to be very good but I don't I don't I haven't bought anything for Japan in the long term though I I do think China I've always liked China and like one why we like majority of the American stocks is simply that all man yo can you mute that boy come on please it's been it's been getting me but we got to get the uh the American Excellence that's what everybody's been talking about you got to think about we've outperformed everybody that's why you want to have a majority of American stocks so that's the the first part but I think China is the opportunity because it's 30 cents on the dollar that's it it's literally Japan's already Japan hasn't is had its first bull rally in like 30 years 40 years since it broke an alltime high and that was recently but China is in the gutter the you could the same earnings the same value you could get on China you could get for 30 cents on the dollar the same one in America you could get in China but then again they're struggling so I don't know if they'll ever return to that are you are you open to um self storage units if I I I remember I had uh sh I yeah I transferred to a new brokerage uh in Connecticut and uh this one lady lady next to me Alice she told me she had something coming up so I I I I thought of you I was like maybe he wants to to jump on it bro email me yeah for sure trading fraternity gmail.com okay we got Uncle Phil I see your hand up very very polite what's up man what up Uncle Phil can you hear me sir is my is my mic good yes sir how you living man I'm living okay man I just an opportunity to speak to you uh in the presence of the cult the first thing I wanted to say man is because you know we've gone back and forth I've been banned you know as UNC Phil like before probably saying some crazy [ __ ] in the chat never anything like violent you know it's definitely not the vibe that is conducive in the chat so I definitely had to like go back and prct myself and I just wanted to say man that like the daily fos like the effort that you put forth I know that it's real [ __ ] appreciate that [ __ ] bro I know it is because I prayed like in 2020 2019 I prayed I said you know what God I need uh I need a need somebody that has more knowledge than I have I need to not be the most knowledgeable person actess because I'm not and I need that and then boom and I swear man I have never you have stated that desire 100% there might be weeks that I don't like type anything there might be weeks that I might not even like look at the cult like anytime that I want want to plug myself back in just sportful knowledge this is the only place I go to to get to a high concentration like even what you just said about like was one of the first things that you said when the zoom started you were talking about how everybody's going off on H Donald Trump and these tffs these tffs these tffs he said that the market has basically priced in about 20% of that and that other 40% is bargaining you that's the type of [ __ ] right there it's like I don't know what [ __ ] room any of us would have to be in to get knowledge so concisely and so accurately delivered unto us you are from God boy man God put it all together baby and honestly bro I appreciate all of that and and I think the first thing too even the Chad he like he's been banned bro I appreciate the fact that you know you could even get banned and come back and even be able to say how you started that the way that you could even grow bro and being able to acknowledge I appreciate you I hope you really know that man and honestly bro this is this is why I kind of like these calls and this is why like I was even saying some of the private stuff because I'm like just listen man at the end of the day if you want to to learn and grow and you want to get this stuff man there's people are willing to go out there I mean it's it's hard nowadays and there's different things but at the end of the day if you guys are willing to put in the work man I I will I will be right here and all you have to do though it is you got to save you got to save you got to be consistent you got to really stick to it but if you will man I mean I I think the world is yours and I said it the other day man I truly believe my purpose is to set somebody up it's funny because you're like I prayed I prayed for someone I I you know I don't think you guys like again I don't show my face I don't think I'm going to be a movie star I don't think my purpose I don't think I'm going to go on CNBC and talk to them and and that's I don't think that's it I think I am here to set somebody up who is going to take it to the next level so buy so buy me a house okay that's all I said just eventually don't forget about me and otherwise it's like have you seen the movie Holes exactly that's it if you don't carry me up after the mountain after you do it bro I'm a that's it Hector zerone heck you going mm so what's up Jerry Jerry Jerry Jerry where y'all I saw you bro what's up baby I didn't know if you were un mute and I didn't know if you were going to uh if you were trying to say anything no I was just sitting here listening man what's good baby how you living I'm living okay I mean okay okay don't worry it's gonna get everything gonna get better long term the long term will make the way baby The Best Is Yet To Come yeah the long term long way amen man amen yo I want to piggyback on David P talking about International uh opportunities just talking about z Oh wait real quick though you guys go ahead go ahead you guys could talk between each other too you got again a lot of manners too but feel free if you guys ever want to we in we patient we patient we but we can have some talks too I want to I don't know you guys could you guys could engaged too don't be too shy don't be too you just want the chat to fight while you're here for us that's what you want um no cuz cuz Zin was a big thing this year right we were on the Zin train it was going huge the smokeless tobacco products but Europe is all still tobacco right like I knew about uh I was confused when Zin first came out I thought it was snoo cuz in Sweden they have they have snoo products which are just little tobacco pouches right and they're that was the thing and then you know I tried to Zin and I was like holy like this is insane this is so intense it was a little too aggressive for me but Zen's not a big thing in Europe now I've been looking at more like like a tobacco ETF sort of like bti cuz I missed the Zin train didn't want to buy it at the top but looking at those those sorts of companies which are mainly purely tobacco do we think that the Zin trend is going to catch up to Europe and sort of uh o overwhelm that market because that I mean Asia and Europe for the tobacco market I mean if if if people haven't been to to Europe uh or China like people smoke like chimneys over there still yeah that's that's what I when we were going we were going over after the earnings and it blew my mind cuz I started looking at the smokeless tobacco like segments in the biggest companies around the world and literally China bro China sells like 10 times as much as any ultria or anything in just smokeless it's insanity and Europe is Big too so I think the Zin trend is just domestic I mean I think you know people will take advantage of it but it it's really don't underestimate crazy Americans on a trend cuz that's what it is it's just we're smaller but they're charging more but then they are it's it's one of those local trends that has just gotten really really insane but I I do think China and Europe I mean they there's a lot of competition that's where I'm saying it's like I think it's going to be more defined by like local markets us companies for us Europe for Europe even China I think they even encroach a little into Europe so you think it's worthwhile to even look into those to even look into those to add to your portfolio only if it's cheap that's the thing I think we bought we bought Mo at the beginning of the year but like I I said it today just like if you ever see the number three on Mo like and it starts with three you just buy Mo and call it a day but it's a lot of them have gone up that's that's my only problem and like I said this last time Mo was at $55 like yeah they were all a lot higher like bti they could do good and they were a lot higher but that's that thing is still up like what maybe 20% in the last couple of months so and and with these slow movers if and you know pays damn they pay 8.3% dividend yeah yeah that's why I was looking at it yeah but I guess that's 12 133% and then 16 177% in 6 months but these slow movers if you just get them too high and they're very cyclical you know like Mo it is either ripping or it is either dying ask anybody who's held it in their long term it is either doing really good for you or it is underperforming so I think if you want it you got to be patient and get it when it's get it when it's coming on the low but the idea is great I mean the trend's solid and it's both Zin and it's just the idea of smokeless that is you know people still smoke a lot but the concept of smokeless can I say something yeah because I actually live in Europe so I can tell you something about the market uh so smokeless is a big thing here uh because most people don't like the smell uh after your smoke and we don't have a lot of um products that are like for example in in France Italy Germany especially um these countries we don't have a lot of like American products and the biggest biggest brand behind most of the cigarettes that are also like uh smok CL now um is Philip Morris and so I would rather look into Philip Morris because the statistics for for Germany for example it's it's funny I looked it up like a couple weeks ago um the harder the the economy gets the more the people smoke it's it's crazy like the L people have in money the more they smoke and Philip I'm pretty sure Philip Morris it's I think it's International that's the thing I think uh we think it's American but I'm pretty sure uh it's mostly based there in Europe and Philip moris it is that's the thing I don't like about it though it's the outperformer remember Philip Morris they are the owner of Zin so they are the one who benefits off of it one to one like directly you know they own the brand Zin that's the thing that went there's a lot of these little nicotine pouches and smokeless stuff but they are all it's Philip Morris is the one that's getting a primary amount of the demand I mean I can only say it like iost the brand for example is the main smokeless brand you can buy in Europe you said itos iOS isn't that is it is that the one where you put the damn cigarette in it yeah but it's not like burning it's yeah dud those trip me out I've seen those I've seen them in Japan and uh a lot of Asian countries they have them the a lot of girls were using them but the guys were too like they pop out of work real quick they'd be in a suit and then just use it real quick but they are like literally like smoking cigarettes I I got a device myself and smoked it so I know for sure it's like basically the same just without smelling bad is it smoother or no it's just it's the exact same yeah that's so weird it's interesting to say the least I'll tell you that much dude I think it's the weirdest [ __ ] ever you literally huh you you buy a cigarette and it's like a machine and then you take a cigarette and you stick it in the machine like a vape and then you smoke The Vape with that has the cigarette inserted and it just like it's like a I don't know you know the weed volcano I've posted images for people if they want to look at Google Images it's like you just vaporize the tobacco and that's and like a back door cigarette oh that is weird that's smart though because they don't have to get rid of the cigarettes then they they beat they're basically another thing about it though is the tar you know what I'm saying it's you're probably not getting all of it but it's helping out a little bit you know I think it's a little more healthier I don't know how healthy a cigarette is but it the statistics show that it's much less tar that's why people are attracted so much to it but the funny thing is that the tobacco is actually a different sort of tobacco and in Europe for example they get a less rate of Taxation on it which makes the M Revenue more Revenue I did not know that can you use it for cannabis this guy's smoking a blun on his porch he's like can you get high I knew someone was G to ask that I think you could probably use a better device but it's it's so but that is part of the trend so that that's the weird part about like this whole thing when you tie it into the stock because you know we're talking Zen but these little devices those are considered smokeless so that's part of the the trend that's the weird part about the numbers when you go like Zin is item or segmented but most of these tobacco companies and all of them they're bundling all of these new smokeless Technologies there's the combustible cigarette and then everything else is pretty much smokeless yo Josh what's up keep up the good work hey thank you man you keep up the good work where's that lawter baby oh we got it we got it oh we got it baby good amen amen longterm for life bro longterm for life um speaking on TLT or just going back to that uh earlier in the Stream you said you were thinking about just playing some options and features do you think you're going to outright buy stock at all or is that not in your future no because I'm just I would if I was going to buy stock i' I'm gonna buy the futures or the uh even though the Futures do have a time limit but I would just buy extended time ones like I did with the oil ones so I wouldn't be opposed to it it but I like again I think shares is the safest way to play it shares by far because again you'll there's an expense ratio but you get a dividend and then like I'm saying it could go down uh but I do think the downside is much more limited until inflation is roaring back up so that I hope you guys get it the TLT trade until inflation I'm not saying inflation won't go back up but until that starts ramping up then I I think the Bond should be a lot more bullish it's again go back to uh this is the thing I was saying prior to the election remember I was telling I was like is it you guys don't think it's weird that the regional Banks look how close they tracked bonds for the last like five years Regional Banks and bonds ever since even uh young Biden you know they've pretty much gone hand inand but then ever since people started freaking out about Trump they started putting on the regional Banks but then they started selling off the bonds so this is like a reverse inverse where this is either going to close the gap I think eventually I think at one point you are going to start tracking and we're going to close this Gap a little bit more between bonds and the regionals but if inflation does Roar back then that's going to change everything if it doesn't then I think shares you're you're going to have a lot limited downside and then no matter how long it takes is you're not going to worry about it as much we pivot really quick I'm not I don't want to take away from the chat I love the discourse on stocks but I I've been laring at you about web 3 stuff I just have one thing to ask you so just one thing because I I I in the last six months I the the education that I've gotten uh on like in web 3 I've gone from like I don't know really that much about this to I kind of consider myself to be a little bit of an expert and so when I like use that brain to just like kind of run back some things I remember that board eight that you bought the Jens saki eight right uhhuh you held that in coinbase though you held that in your coinbase wallet did you not no not initially I had a I used a different wallet when I bought it like my question is it's because you you talked about the a you flipped it for an insane profit but I never remember hearing you talk about uh getting the eight point drop and I remember oh I did I sold I sold out of it I dude I got like word then I don't have any [ __ ] problems my guy because that was my free and I was like what yeah bro that's I actually posted a video on Tik Tock and I got I got a I got a strike on Tik Tok because I made the video when the when I got the ape drop from the coin I got the ape coin dude I sold out at like 20 bucks or so I made a lot off of it that's why I was like I just it paid for the nft all the profit if I sold the NF the amount of money I would have got I just sold the ape coin and then mother [ __ ] of course you did of course thank midle of the night and be like you know yeah bro yeah the chat put me on again I I remember the chat was like yo airdrop you guys showed me how to get it and then I claimed it and then I sold I saw it was it was in a couple of days I was just said [ __ ] that give me my free shares and then I still have the nft though I still own the Jens saki but I I just it paid for itself multiple times all the other I got all the other airdrops I have I have all the little cards and I have the other deed land so I don't know I think if the next crypto wave I said this today one if if with this Trump [ __ ] once Bitcoin hits 100K and starts going nuts we're going to get back into altcoin season but that'll be the time to unload the unload the shitty altcoins and then move it into quality so I think the crazier it goes we'll see what happens it into that space please just like and then and like the as on this because I I ran it up in in a couple wallets and uh in my trading wallet in particular that I you know that I nuked like you know a couple weeks ago uh but the thing that's interesting about that is the volume that I have on Jupiter and in the same way on what on Jupiter what Jupiter exchange it's like wherever you swapped the the the token for eoli that was like a that was a base that was a base um like a base protocol Jupiter is mostly for salana and in the last six months from like literally like one soul I ran up over a half a million dollars worth of volume so if I were to use last year's jubu as any sort of an indicator for what may happen if they do the same thing again this jubu a wallet right now that has only $15 in it will be blessed with like1 to $20,000 juice why why is that think about your total volume stock what is so J wait but you did you say January or jup I think jup I think is like Bunny Hop you use Bunny Hop to get E coli right no I I use I use juke like specifically in religiously Juke is like where I go to swap dup is where I go to make all my trades I do my per trades there you can trade on up to 100x leverage you can do VC and by the way Josh by the way coming into saana because I know real [ __ ] from people like you I got into saana in month one and I was talking so much [ __ ] at at Phantom wallet at Jupiter at Dex screener I'm like what the [ __ ] I can't limit order swap I can't DCA I can't limit sell through like a month of me talking that [ __ ] all those features are now in in the in the ecosystem by the way all those features but anyways so so they do airdrop rewards based on your spot volume based on your staking allocation and that to me is going to be something that I'm going to be able to talk to real [ __ ] like y'all and be like okay guys I know that everyone looks at salana it's [ __ ] sus s bank all this [ __ ] but when I show you a wallet that went like a Big Mac to uh you know Rolly on my wrist type [ __ ] I'm GNA look at y'all and be like so y'all don't want to just take 50 50 G's and like swap that in the usdc and then you know into Bitcoin and then back into usdc and that's a $100,000 of volume right like y'all aren't interested in this like I'm I'm really going to be asking yall some very [ __ ] weird questions come January if your man's gets lace with literally uh onethird of a [ __ ] Bitcoin just because I ran it up volume wise on an exchange that's doing what it's just all of it is the thing is and even I've learned it with uh when I did the eoli stuff the crypto world is Savage and it is very complex so that's why when it's like why don't why doesn't everybody just do $15 why don't they just why AR you put in $50,000 it's it's mad complex and it is and you make not only like one wrong thing even what I've seen bro somebody knows like when it comes to swapping liquidity pools if somebody knows more than you you are very very vulnerable so it's gam it's gambling if you don't know what you're doing man Point stuff it's it's is real gambling you put $10 you might make a thousand but probably going to lose your $10 no but here's the thing just like in stocks there are Majors my brothers there are Majors there are things that do not I think my the only thing I mean do this buy me $15 do it for me and then let me let me let me get it when it hits but buy me the house man but at the end of the day like this is what I even talked about today I just think I I am a Bitcoin maximalist I understand I mean again I've made I bought ethereum at $8 I remember every altcoin every other spin-off like it is a moneymaking opportunity but it is purely purely speculative the way the only thing I could accept for the long term is just I think that whatever amount of Bitcoin whe because again in 10 20 30 years I think Bitcoin is a true commodity with adoption and limited Supply that that's it I even like it more than ethereum now but it just all this other stuff it is very complex I I wish you luck with it and it's good but I I think only only Bitcoin for the long run until unless other people are interested and are going to go the developer route and and really educate themselves on this because you have to you have to start really learning crypto and again and you could I I know how to code contracts now it's really but you you do have to get uh past the initial learnings curve but as far as long-term and long-term solid quality investment I think Bitcoin Bitcoin only I know I'm a boomer I'm not I'm not fun I'm not anything with it but I do know it's going to it it gives me that level of safety and confidence as a long-term asset I've held Bitcoin for what almost 10 years yeah 10 years now and I could I think I'll do it again and that's something in the world that's so Savage of crypto and complex Bitcoin is the the easiest with the longest longest term viability I I feel you like I'm not disagreeing with you at all but what if I told you that mindset and thinking oh I've achieved enough gains on something Josh i' I've sold out of stuff at 300% profit you guys were talking about Zim I posted in the chat one of the one of my biggest trades that like could have been insane was something on salana called Alp bought $900 well listen I tell bro I I I believe me I understand it I you do your thing and and you know like I'm saying I think people should get educated but we that's but I sold I sold early and I'm not here to like I'm I'm not here to pump any coin or none of that I don't care about any of that [ __ ] because the same thing that you said I like safe safer is the way to go well this doesn't none of this sounds safe I can't acknowledge that I cannot say that with a conscience and say what you said is safe at all unfortunately that's why I I'm not I'm not upset at that but it's like all I wanted to say is that mindset of thinking like something that I bought for $900 sold it for $2,700 oh pretty good profit had I held that that same position not even not even for 60 days man like 40 days I I sold out of it in 10 days had I held that for another 20 days that position would have bought me a Bitcoin that's what I'm saying and that was just some random shitcoin not not not what I would call oh dude believe me I've I dude these happen all the time that's again after go through deck screener I'm sure you know and anybody you guys could see it that's why even when we did it there's a lot but I think the real learning from this and the real thing again I I can't endorse any of this but the real thing is the Cycles I think that's the true thing you could get out of this and that's why I'm saying we've been here before we have all been here before we know what it's like when they're like What's the nft and then it goes remember the nfts bro they were buying them for $2 and people made a quar million dollars that's why you know all of the coin so if we I'm waiting until we enter alt season season that's what I was saying but when that happens I am going to sell my low quality stuff and then I'm going to move it all into Bitcoin that is my plan so unlocks are are are huge like in the allcoin like all of the major allcoins have huge amount of unlocks what's your so what tell me this what's your what's your like Equity what's your stock longterm looking like if you're dabbling in all this do you have a solid longterm already set up when I say solid long term like nothing nothing that would ow for me to day trade comfortably in stocks all of that has been moved to salana or stable coins on salana so I guess how much do you have or what percentage of your money is in salana or these activities versus long-term equities I have a long-term uh Phantom wallet that's what I like that's what I like to call it and that is where I kind of employ like a 6040 where I've got like 40% in stable coins that are getting yield and then another and then the other 60% is allocated into majors and just things that I've traded into very well and just kind of like sold my initials and it just kind of seems silly to sell it all when you just watch it go up the way that it goes like the street so no stock say again it no stock oh no some stock but nowhere near nowhere near the amount of uh crypto that I so are you saying like are you saying like 90% of your money is in crypto or what don't don't OT your money what stocks did you own wwmc at a cost basis of probably somewhere around like 350 380 I've got uh I don't know if you guys are uh big on Las Vegas reopening plays but I don't even want to say the ticker honestly but maybe I will uh it's called BVI um it's a it's a very depressed asset that uh it's like a low float uh super low volume and it's like I I remember looking at it in 2020 thinking to myself like when this goes back up that's going to be like an 60% gain right there so then but but then I guess so you're crypto yeah I was say it sounds like you don't really have a like do you have a long term that you are like do you add monthly or is it just all go to crypto that is what I consider to be my longterm it's it's a a longterm is when you buy stocks and stocks are like physical assets to a not you're owning an actual company you know what I'm saying yeah that is true but it's it's more so just quality assets I've have nothing again I I'm saying when I got into like buying ethereum at $8 and taking these risks and stuff I was I already own like the higher quality assets so even like when I had that interview with Hugh what you're talking about is alternative assets that's why I and I I get you're you're enthusiastic about it and passionate about it and it will and listen if you're right it's going to pay off and your dreams are going to come true and that's why I'm saying I like Risk but the thing I advocate long-term safety and before I'm jumping on anything speculative the we need quality assets so I I'm not against your plan but I I don't think I think you should start buying some stocks again like literally get a longterm and then if if what if that what you have is going to do what it's going to do it's G to it's going to set you up and balance you but you know I mean you've listened to me I think you listen to me but you you should know man the long term and and what it is like that we're we're talking different qualities of assets you know and that's why I'm saying like you know I'm not I don't negate the opportunity of what you're discussing at all I actually believe in it but at the same time the quality of assets we the my main focus and I think everybody's main focus until you establish that should be the quality names and there's and again you like even if you did half of your money you see what I'm saying instead of being 99 crypto salana altcoin if you just put half in the the B dogs and then you put the other half into that I would I would be a lot more down with that but in this case though too cuz for most people and I would say if you heard what he said and you like it I think you educate yourself but I would only do that if I have my long-term built out in established if that makes any sense if once I have quality you got to take advantage of the metas the red fins the nvidias and once you have those those quality then you then you speculate then you could go for for all of that again I did the nfts on the stream after we bought Bitcoin at $10,000 and sold it at the 60,000 the first time you see after we and then again ethereum was at 200 bucks in front of everybody on stream so that's why we did it that's why and then again we got the nfts to buy they were a lot cheaper but so once you get the quality long-term stuff then I would say Venture into this stuff but I can't I wouldn't support it like as a starting point or even then again without a la I'm I'm in this environment and what the future offers us Alternatives can be very great but I I'm just in case I I cannot go through the next 5 10 years without quality assets especially if who knows what's going to happen and and all this craziness and again that's where Alternatives could get a good gain and a benefit but like the other stuff too is is the high quality that's going to keep you tied and anchored I've always said it imagine what if what all the economic lessons what happens if we go through our Bret and woods what happens if we go through a debasement OPEC all the the dollar you know all these things whatever it is US stocks are the biggest most owned thing in the world whatever happens to the dollar and the value of the dollar your longterm is going to track it you see what I'm saying but crypto and other things it will be different so what I'm saying is not avoid it but definitely diversify that like I say that's my plan for the decade the diversification a little bit of this a little bit of that so I could support a little bit but I can't support anything wild and like I'm saying you know I think even in you know let's let's get a long term bro I don't know maybe this year I think good decisions yeah man but I think build out some of the salon stuff but why not man Uncle Phil let's get a let's let's let's add a deposit to some S&P 500 at these prices uh no I'm a dividend portfolio like something that wants to like yield yield money uh you know monthly or quarterly like who doesn't who who doesn't want that I look at the I look at the yield that I'm getting on WMC and I say to myself like that would hit way harder uh if it was two or three or four times bigger than it is well remember just F I'm focusing on on the longevity that's it I'm not get the gains remember uh intelligent investor adequate I'm not that's why like you're saying oh I'm the Miss and the opportunities and yeah the the mindset could limit me for sure but in the long run of of winning in investing if you aim for adequate that will get you usually a lot further than a lot of things but hey man I get it if you don't like it but I I think I think that should be a goal for you man longterm this year like some good stocks cheap ones not just high yield don't really focus on the yield but like find some things out there I think little by little the again it's a great opportunity man whatever happens with Paul the volatility Trump's back the tweets the everything it's going to be a a very wild moment for equities and I think crypto is going to benefit off of it but you know get a little bit of everything but all right man I think on that note we've been here for an hour 45 Chad I've already been beat from the election as I've lost my voice like eight times so I don't know any any final any final questions I got I got I got one more for you all right wrap it up Patrick Paca so so since you know the Republicans obviously they have you know Congress and the presidency what do you think and I know this is a little bit of a broad question but what are the biggest political risk now for the market coming in for the next at least two years spending that's it look at gold Central that's it all it is is deficit that's the and that's the only thing where like it still could go up under Trump we'll see hopefully he comes in with a real aggressive plan but that is that's the real thing I mean can inflation go up because economic activity goes up yeah but politically I mean as long as I don't think he'll start another War I think he'll make him again things are already bad so he it's it's easy to walk back from the political tensions when they're already this poor but I I really think the risk is just spending debasing the currency further and then also too like the Landing if the data what if the data was just all fake and then you know we're just hella behind and then it just that that's it all the jobs go down what like I don't know it could be I said it today we have seen it even like the crypto stuff bro don't ever get caught in the moment we have watched we've lived through this so many times I'm live every day we have literally lived through all of these things every single time and just like with the data how many times have we seen everybody excited and then oh it changed really bad oh now we panic oh oh now Powell responds oh now it's bad okay everybody on board and and then we we play that game there too so that's still a risk but I don't know if that's political there's the commercial Banks and other stuff but again I don't think that's political when it comes down we could see another pandemic I mean what the [ __ ] yeah what what do you mean how you gota predict you can't predict [ __ ] like that well I I'm thinking if you know if China you know you know because it looks like China's already bad so I don't know maybe they do something weird punt on that idea yeah listen if I ever if I ever start seeing people just dropping like flies on Twitter I'll go on YouTube again and let you know like don't worry but it's not it's I I wouldn't put that on my list of uh hopefully they don't ban you again like they did last time I mean hopefully not but you never know that's why it's brought to you by you the people but overall though I think the government spending that's what the problem was with inflation a lot of everything boils down to the rampant government spending as that is I think the biggest political risk you blow up the deficit you make poor financial decisions and then you add that to trade policy or whatever else but realistically the the deficit and the treasury that's why I keep saying the treasury that is when bonds make their final move I think the treasury appointment and then also gold as well so to to build on that I know you want to get going um back to infrastructure ETFs wouldn't that affect them negatively if they start cutting back on spending um isn't that like our chance to maybe take an opportunity to play have a play there with those well that's kind of the like like I said I wouldn't even touch the infrastructure stuff because it's just so high I would only get the cheap ones so if it did bring it down hell yeah but we don't know what they're going to do with the deficit we don't know if it's going to increase we don't know if it's going to go lower if it does increase why does it increase if it does go down like what if it's not infrastructure what if he builds up infrastructure and cuts money to Ukraine and foreign aid right so it just it just really depends how they do it and But ultimately a net reduction or a you know a attitude of fiscal conservativeness would be I think very well received and if if not I don't I don't know if if if I don't think he could afford it I don't know if Trump can be as fiscally wild as the last Administration not because for any moral reason but just for simple sustainability of like the Deb that's like the weird part because if we do get into a hard Landing I mean how much can what they'll stimulate out of it but at that point I mean we are looking at a very weird landscape so we'll we'll see but maybe maybe then we get Britton Britton Woods 5 or whatever three but we'll see we will see thank you but Chad I think think that was great I hope how did you guys YouTube chat how did y'all like it how did you guys like the Zoom call you guys could leave your your your live review I didn't that was fun though hour an hour and 50 minutes I didn't that was you know some good conversation thank you Josh hours respectfulness man everybody giving everybody respect you got to love that man welcome to I got to wear my mer next time 100% thank you Josh awesome man you all right man well I love you all bro we're going to do this again I I really enjoyed it if not though you better be on stream tomorrow baby and don't forget while we're here baby finger to the sky God bless all of you you have a great rest tonight and get ready there's a lot of opportunity bro let's go long to the sky wondery to God be the glory baby oh
Comments 0