Investor's Edge with Gary Kaltbaum - Big earnings [01.29.2025]

Episode Date: January 29, 2025

https://garykaltbaum.com/

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That's Amazon.com slash HUB delivery. Now looking for hub partners in your area. Investor's Edge with Gary Coltbaum. Straight talk about you and your money. Now from the BizTalk Studios, here is Gary Cultbaum. And welcome once again to Investors Edge. I'm Gary Colbom, your host day. Thanks for being with us today.

Glad you here, ladies and gentlemen. Happy that you were listening. It's the 29th of January, 2025. I wrote out of check today and I put down 2025. I finally got it right. And I hope you're having a good day. In case you don't know, this is serious talk on everything that affects you, the markets, the economy, your job, your industry, what's happening in D.C. And there's a lot already happening.

We will cover it. We'll cover the good. We'll cover the bad without any agenda, ulterior motive or bias, because we're not R or D. You know what we are. We are P. People. We believe in we the people. And thankfully, we have left the trajectory that the last administration was taken us.

We don't know which way this administration is going to take us. We know what's happened in the first week or so. Let's hope. Let's hope lower taxes, less regulations, and get out of our way, and everything will be great. We'll keep you informed. In case you don't know, if you do not get this radio show in your city, we'll post it at garyk.com. We'll also post it on our Twitter feed. And if you don't follow us on Twitter, which is now X, you should.

And if you'd like to email us, just be nice. And the terrific thing is just about everybody's been nice. I've only had one nasty email in the last six months. And I charmed the person into not being nasty because we can disagree 1,000%. I'm going to respect you. Unless you praise Hamas, then we have a little bit of a problem. Okay, let's get right to it very quickly that we are awaiting. You ready?

Microsoft, Facebook, which they call now meta. IBM, Lamb Research, Service Now, Tesla. United Rentals, Western Digital AmeriPrize, I only see one lighting up, and that's Microsoft. I don't know what the earnings are. All I can tell you, the close was 442. I got it at 424 in the aftermarket. That's a juicy $18 down today on top of being down about five on the day. We're waiting for the rest.

And why are they important? The market is so concentrated, the indices are so concentrated to the point where, and this is from last week I haven't updated yet, 10 stocks are 55% of the NASDAQ 100. And by the way, the only one that's not what I would call the tech type is Costco. Eight stocks, and these are all tech, 36% of the S&P 500, which is just amazing. Absolutely amazing. Okay, I'm seeing Tesla. I got it down 10 bucks in the aftermarket. I think they've reported because it's on the move.

I haven't seen it yet. Western Digital, I got it down two bucks. And it's early. This stuff will change. Anyway, we'll go through it. I'm really mostly interested. Well, I'm interested in all, but I really want to see what the heck meta, because meta has been acting very, very strong as,

of late. Okay. The Trump moment, and that's how we've been starting it. Not a lot out of the Trump today, but you had Robert Kennedy being questioned by senators. The Democrats hate him. The Republicans are loving him. I got to tell you, I don't think the Republicans really wanted him, but President Trump picked him, and that's the way it is. I'm no fan. I don't like BS artists. And just so you know, as I have told you, I follow a lot of things.

And he's one person, for whatever reason I ended up following. And he's just lying about a lot of stuff. I'd say it to his face. He's just lying about a lot of things. He was against the polio vaccine. He said the COVID vaccine. I can go on and on. bless him for caring about the health care system

and I may state for the record we do need to fix the health care system. I don't think he's the guy. If he wants to be a part of it terrific, I think they should find somebody else, but I think he is going to be voted in. Why? Because the Republicans have the votes. And if he has voted him,

I wish him well. I hope he does a great job. Okay. So while I got you, I have Tesla. in the aftermarket down $20. That's on top of the fact that Tesla was down about $10 today. So a total of 30.

Microsoft is down 17, 18 in the aftermarket, total of about 21. So you've got two biggies down right now. That can change. That can change. And believe me, when I say, that can change. But these are the things that matter. matter because they move things. And let me just state, Microsoft is 6.3% of the S&P as of last week. They are 8.12% of the NASDAQ 100 as of last week. Tesla is 3.73% of the NASDAQ 100 and 2.2% of the

S&P. So not the biggest, the only S&P. And we are waiting for others. I'm not going to spend too much time on what they reported. You can look them up. What we do care about is reactions. and of course they have the press conferences and who knows what they say to make it better. Now we also had the Fed today. They kept their rates unchanged and whatever. He did a press conference. As we have told you, we do not watch the press conference because it's just a bunch of mumbo-jumbo. We do know that they change something.

They change something in the words, the verbiage, and then he saw the market getting hit, and all of a sudden he said in the press conference, I heard, oh, we would just, don't worry, it's just language and stuff, whatever. Anyway, the big thing to watch, number one is 4.55% on the 10-year. If it cooperates, good, if it goes up, not so good. Watch oil prices. They had gone up a lot. It's been coming down a little bit as of recent. That's good. And, Watch the president because all I keep hearing from the president is lowering taxes. I hear he wants to get rid of taxes on tips. I don't know how he's going to pull that off and I have an issue with that. By the way, we love lower taxes. We love lower taxes. But there's a problem there.

Let me walk through it very quickly. So you're a restaurant. You love your waiters and waitresses. what are you going to do? Oh, you're going to change their salary to very little and everything tips. Catch in the drift? And you're going to market tips. Or you're just going to say they were tips.

How are you going to find out if they were tips or not? You think they're going to go in and just look at all the little receipts and say, stuff. We'll see how it plays out. We hear that they're going to try and extend the Trump tax cuts. That is good news. Money in our pockets. He's talking about a lower corporate tax. That is good news. Do not believe the BS that comes out of the mouths of Bernie and Elizabeth Warren on the billionaire. Just remember, Marxists are control freaks. They hate success. They hate work. wealth. The reason they hate success and wealth is because Marxists cannot control success and wealth. And I've got my, I'm on radio live and my son just FaceTime me and I got my grandson.

Hello. Well, we're live. I will call you back. Peace out. That was my son and my grandson live. I got to figure out how to put that on camera. So all I'm hearing is lower taxes. They're doing something now with government workers. They put out something today. I believe the 2 million workers, I had no idea. There's so many government workers that we want you to be in office five days a week, none of this, in and out and all that stuff. And if you don't want to be with us and all that fun stuff, hey, here's what you do. We're going to give you seven or eight months severance and have a nice life.

Find the job somewhere else. That's the story. That is the story. That's what's going on. So less government, less regulations, less control, lower taxes for the consumer and business, and get out of the way. Now, one of the funny parts today of Robert F. Kennedy being out there was Bernie Sanders questioning him on health care. Bernie Sanders, more than once, twice, three times, four times, praised the Cuban healthcare system. Just letting you know, he did.

Bernie Sanders also in the past and it's on video you can go check we should have a 100% tax above a million. That would work. Up next we'll put a bow tie on it. More earnings. I'm Gary. This is the one only Investor's Edge. Hi, I'm Gary Kallbaum hosted a nationally syndicated radio show Investors Edge. We're not just handsome radio people. We manage investors money for a living, specializing in fee-based discretionary money management.

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That's 8-8-58-4-2-5-9. That's 888-4-22-5-5-9. Investment Advisory Services offered through call-bomb capital management. Hello, hello. I'm Malcolm Gladwell, host of Smart Talks with IBM. I recently spoke with IBM's new director of research, Jake Mbata. We discussed his vision for the future of quantum computing. At IBM research, what we always do is answer what is the future of computing, whether it's coming up with new algorithms, coming up with better AI,

coming up with quantum, or coming up with just how do different accelerators go together. It's our DNA to answer the question of what is the future. Isn't it a perfect problem for IBM because you kind of need to have a legacy of building stuff? Yes. building actual physical machines. Yeah, it's why I came to IBM. I wanted the experience, the culture of building hard things that others have not done before. Where do you imagine we are in the timeline of this technology?

There will come a point when it will mature. Right? My cell phone is a mature technology at this point. How far are we from that point with Conton? By 2020. will build the first fault-tolerant quantum computer. That is one that can run a very, very large, large problem. To learn how IBM is building the future of computing,

visit IBM.com slash quantum. Amazon Hub Delivery wants to partner with your business. Help your business. Help your neighbors. Discover a new stream of income for your business when you partner with Amazon Hub Delivery. You and your team will deliver Amazon packages to customers in your neighborhood on a schedule that works for you.

and you'll be paid for every package you deliver. Getting started is easy. There's no delivery experience required, no long-term contracts, and you receive weekly direct deposits. Earn more. Gain exposure for your business. Apply today at Amazon.com slash hub delivery. That's Amazon.com slash HUB delivery.

Know a local business that would make a great partner, a local coffee shop owner, florist, automotive shop, dry cleaner, you name it. Refer a business today and earn $500 when they successfully join the program. Visit Amazon.com slash hub delivery to learn more or refer a partner. That's Amazon.com slash HUB delivery. Now looking for hub partners in your area. Hey, it's Ryan Sechrest for Albertsons and Safeway. It's stockup savings time now through March 31st.

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It's time to switch on the integrator units and get the brain cells working. You're listening to. Hey, this promises to be fun. Investors Edge. The last bastion. of quality programming. With Gary Coltbaum. It doesn't get better than this.

Okay. Little update, because it's big. I got Tesla for the day now, down $20. It was down 12, so it's only down eight in the aftermarket now, and they missed the numbers. They missed. Who knows what they said, what they're saying? I don't know. We'll see what happens.

Microsoft for the day, this includes the aftermarket, is down. almost $20 on the day. Was down five today, is down another 15. So two biggies are down. Of course, it can change. Let me change that. Tesla's now down 14 in the aftermarket, plus the nine that'll be $23.

I still don't have meta. But IBM, I got news for you. This is a weird one. They missed on sales. IBM. They beat by a little bit on earnings. Obviously something they said the market's like. IBM closed at 228. IBM is it 253 in the aftermarket?

Wow. Now that's quite interesting. I'll have to look it up. They did 392 versus 387. Are you ready? Earnings were pretty much flat. Revenues year over year. Flat. I think maybe each was up a half percent this year on this quarter. And the stock is up 26 bucks?

Holy crap. So that's the big three right now. We're waiting meta. And we'll see how it goes. and we'll see if there's any big changes with the other. You don't want to see all the big names down, but again, you have conference calls and a lot of yapping. And if there's anybody good at the yapping,

and this is a compliment, Elon Musk on conference calls, saying good things about what they're doing. And again, I repeat, the reason why we do this right now is because very simply they're big. service now reported. Downside guidance for quarter one, downside guidance for the whole year. I only have it down

15 bucks in the aftermarket. It's a thousand dollar stock, so that's nothing. So that's not a big deal. And that's it for now. If I get any others, I will let you know the story of the day. Market was all over the place. The Fed, blah, blah, blah, blah, blah.

as we have told you, just watch yields at this juncture. If they stay nice, terrific, and if the President of the United States comes through with a more efficient and effective government, bless them. And we are hearing Doge has already found all these places. And they're stating, just telling you what they're stating, they've already saved us bazillion dollars. Bizzillion dollars.

we'll keep you informed big time keep you informed and I got to tell you we're rooting from as I have stated for you and I meant this big time we could not continue with the trajectory

of the Biden Harris administration on so many fronts the debt and the deficits obscene obscene. That's number one, and we'll see whether this administration can improve. Crime never said a word. The border. They opened it on purpose and started closing it six months before the election because of their poll numbers.

They lied about her being the borders. The war she was. They had the media lie for them also. And then their foreign policy. Afghanistan, for starters, but I really do believe, I really believe this, that these other not-so-sweet people running other countries saw that they were just simply ineffective and kind of laissez-faire with foreign policy and just got away with things.

I know Trump says, oh, Ukraine and Russia wouldn't happen if it wasn't for me. And normally I'd say that's bluster. I got to tell you, I'm not so sure that was bluster. So they're out and we're going to stay on top of this administration and hope they do great things. On the close today, the market was down, but I got to tell you, For me, it wasn't that bad. Dow down 136.

The S&P down 28. The NASDAQ, little worse, 101, and 51 NASDAQ 100. A lot of jello moving on the plate today, earnings and sales-wise. A lot of it. Let me just do a few so you have an understanding. Starbucks today, this is a weird one. they reported, and we're just telling you what the way it is, minus 23% earnings, zero revenue growth. In fact, revenue this quarter was a little less than last year's quarter.

The stock was up eight bucks to a new yearly high. Their comps were also down 4%. But what did the new CEO say? Oh, we're on the right track. And I'm thinking to myself, wait a minute. You're on the right track. Your comps are minus 4. Your earnings are down 23.

You had no growth in sales. Guess what? The market believed them. This was a big breakout on volume, four times average volume today. On crappy numbers. Maybe they're seeing something I'm not. I don't know.

But just letting you know. You had good moves in T-Mobile, F-5 networks. And how about this one? One of the strongest stocks of the last year, Brinker International, they own Chili's, and something called Magianos, and I've never been to one. Their sales are accelerating, and they're making a lot of money off to what they're doing. Their earnings for the quarter were $2.88 versus last year's 99. Stock was up $25 to $179 today. you know what I got to do

I've got to go to a Chili's I haven't been to a Chili's in forever I'm going to a Chili's and I'm going to find out what the hell's going on there their numbers are compelling and you know what

I have been remiss in not going to a Chili's in the last six months since the stock broke out in September at 75 bucks normally I do that So that's bad Gary.

And of course, they're the blowups. And there's been a few. And the hope is we avoid. You never know. Up next. That aftermarket. And what else? I'm Gary.

This is the one only investor's edge. Hello. I'm Malcolm Gladwell, host of Smart Talks with IBM. I recently spoke with IBM's new director of research, Jake Gambata. We discussed his vision for the future of quantum. computing? At IBM research, what we always do is answer what is the future of computing, whether it's coming up with new algorithms, coming up with better AI, coming up with quantum, or coming up with just how do different accelerators go together. It's our DNA to answer the question

of what is the future. Isn't it a perfect problem for IBM because you kind of need to have a legacy of building stuff? Yes. Building actual physical machines. Yeah, it's why I came to IBM. I wanted the experience, the culture of building hard things that others have not done before. Where do you imagine we are in the timeline of this technology? There will come a point when it will mature. Right? My cell phone is a mature technology at this point. How far are we from that point with Kondo?

By 2029, we'll build the first fault-tolerant quantum computer. That is one that can run a very, very, very, very. large, large problem. To learn how IBM is building the future of computing, visit IBM.com slash quantum. Amazon Hub Delivery wants to partner with your business. Help your business. Help your neighbors. Discover a new stream of income for your business when you partner with Amazon Hub delivery. You and your team will deliver Amazon packages to customers in your neighborhood on a schedule that works for you. And you'll be paid for every package you deliver. Getting started is easy.

There's no delivery experience required, no long-term contracts, and you receive weekly direct deposits. Earn more. Gain exposure for your business. Apply today at Amazon.com slash hub delivery. That's Amazon.com slash HUB delivery. Know a local business that would make a great partner, a local coffee shop owner, florist, automotive shop, dry cleaner, you name it. Refer a business today and earn $500 when they successfully join the program. Visit Amazon.com slash hub delivery to learn more or refer a partner. That's Amazon.com slash HUB delivery.

Now looking for hub partners in your area. Hey, it's Ryan Sechrest for Albertsons and Safeway. It's stockup savings time now through March 31st. Spring in for store-wide deals and earn four times of points. Look for in-store tags to earn on eligible items from Celsius, Body Armor, ORAIDA, Silk, Capri-Sun, Bavarian Meats, and Charmin. Then clip the offer in the app for automatic event-long savings. Stack up those rewards to save even more.

Enjoy savings on top of savings when you shop in-store or online for easy drive-up and go pick up or delivery. Restrictions apply. See website for full terms and conditions. We're listening to America is talking. Investors Edge. He's got to be pleased with that. The crowd is just on his feet here. He's a Cinderella boy.

With Gary Colbomb. It comes highly recommended. You're going to feel better if you talk to. Microsoft a few minutes ago was down 24 for the day, including the day in the aftermarket. It's only down 15. Tesla was just down 25 for the day. I got it down 17. Tesla missed.

But sometimes you get what they call Teflon. And as I mentioned, IBM, well, it's only 247 now, but still up 19 bucks in the aftermarket. Service now down about 20 was still worth. and meta and just want to let you know a few things today. Manhattan Associates down 25% to 222 today on earnings. That's an enterprise software company. How about Lennox International? You know, we told you about these building heating companies that were acting strong until the little blow up on Monday, down 58 to 604 today. MSCI down 35 today, 6%. So there's Dan or her. a very important medical company down $24 to $2.23.

How about this one? Packaging Corp of America. Corrugated packaging and stuff like that. Container boards down 23 to 215. So it wasn't easy day. How about Renaissance Holdings? I believe they're reinsurance down 22 to 236. So we got to watch that side also.

big time watch because up and down are you ready Microsoft must have said something only down 10 bucks now for the day in the aftermarket was down 25 just a few minutes ago so again

there's going to be a lot of jello moving on the plate I'm trying to see if anybody else report because there's a few others that are important I don't have anything else a lamb research up five bucks in the after market to 80 and that's that For now. And you know what I have to do now?

A reminder. Anybody remember something called Virgin Galactic? So that's Virgin the company. And they did a SPAC. They did a SPAC, and it was back in, I don't know, 18. and this was supposed to be one of those companies that was going to do the space thing. And there was a lot of shouting and touting

about how great it's going to be. The stock closed today at, let me give you the number, $4.50. The stock hit a high of $1,256 in 2021. I also need you to know that they did a one for 40 reverse split. One for 40 reverse split. It's really 11 cents. You catch in the drift.

It was very much talked about how to own it. And by the way, that was Richard Branson, who owns Virgin Atlantic and so many other companies. He's been very successful. Just want you to remember these things. People forget. You got to be careful about the shouts and the touts and the craze. This stuff is not often talked about. We do.

There's been a lot of it. A hell of a lot of it. And I bring that up right now. And this is not a comment on where things go. Everybody I speak to, everybody that's come into contact with me, everyone, is not worried about NVIDIA. It's gone to 200. It's going to 250. And no, NVIDIA is not a Virgin Galactic that didn't have sales. It is a monstrous company with big revenues, big earnings. We have three words to everybody, and that's watch the stock when it comes to any stock.

Just remember that. We can promise you throughout the years, the greatest of companies have gone by the wayside. One of the last stocks I owned in 2000 was loose. Bye-bye. Nor tell. Bye-bye. There's been a lot of them. We just want you to remember that.

You got to stay in tune with what's happening out there and companies. How many times have I been on this show talking to you about a name that was down 95% and you know what I'm talking about. And we do this with no bias.

Watch your stock. Never be sure of anything in the markets. Look what happened on Monday. The leading stocks in the number one leading group got blasted. Blasted. Now, maybe, maybe they come back and everything's going to be a-okay. I'm all for that. Or maybe not.

And I'm just bringing it up because my buddy Gil Morales posted this on Twitter, X. And I was like, whoa, 11 cents. And had to do a 140 split. Wow. Stunning stuff. Little update. You ready for this? Tesla is now up three for the day.

It was just down 23. It's back up 26 bucks. They miss numbers. You know what that means. They're saying all kinds of, oh, look what we got going forward. But I got news for you. They've been doing a lot of missing. And their growth really hasn't been any recently.

They just came in with 73 cents versus last year's 71. It's no growth. But I gather they're talking robotaxies. By the way, revenue's only up 2%. But I got to shut down my phone But A big turn And it's up five for the day

Microsoft down 12 for the day IBM up nice Lamb research up decently Still waiting for Meta And I was thinking Meta would blow up to the upside But what the hell do I know We'll see if it comes out

While we're doing the show And if I see anything on Tesla, we'll let you know. They're saying, I don't think they're saying much that turned the stock, but it doesn't matter what I think. So the indices, not the greatest a day, but I said to my peeps early today when the market was down 250 and 250, it still feels like there's an underlying defense underneath this market here.

And it turns out the market rallied, came back. rallied and then pulled back at the end of the day and we'll see what tomorrow brings is we're now past the Fed we're past two big earnings reports I'm still trying to figure out that IBM by the way Whirlpool is down 10% in the aftermarket oh and I have service now down $110 in the aftermarket oops as they lowered their numbers oops and that's what I got for you as we are moving forward I'm always asked about buying before earnings. I got to tell you, I wish I bought meta before earnings because the breakout was at 638.

The stock closed today at 675. That would have given me cushion. But as of Monday, it had failed. Nothing I can do. Up next, whatever else. I'm Gary. This is the one only investor's edge. Hello, hello.

I'm Malcolm Gladwell, host of the podcast Smart Talks with IBM. I recently sat down with IBM's chairman and CEO, Arvin Krishna, and I asked him, how can companies use AI to its fullest potential to create smarter business? My one advice to them, pick areas you can scale. Don't pick the shiny little toys on the side. For example. If anybody has more than 10% of what they had for customer service 10 years ago, they're already five years behind.

If anybody is not using AI to make their developers who write software 30% more productive today, with the goal of being 70% more productive, so we are not asking our clients to be the first experiment on it. We say, you can leverage what we did. We're happy to bring out all our learnings, including what needs to change in the process, because the biggest change is not technology,

is getting people to accept that there's a different way to do things. To listen to the full conversation, visit IBM.com slash smart talks. Amazon Hub Delivery wants to partner with your business. Help your business. Help your neighbors. Discover a new stream of income for your business when you partner with Amazon Hub delivery.

You and your team will deliver Amazon packages to customers in your neighborhood on a schedule that works for you, and you'll be paid for every package you deliver. Getting started is easy. There's no delivery experience. experience required, no long-term contracts, and you receive weekly direct deposits. Earn more.

Gain exposure for your business. Apply today at Amazon.com slash hub delivery. That's Amazon.com slash HUB delivery. Know a local business that would make a great partner, a local coffee shop owner, florist, automotive shop, dry cleaner, you name it. Refer a business today and earn $500 when they successfully join the program. Visit Amazon.com slash hub delivery to learn more. or refer a partner.

That's Amazon.com slash HUB delivery. Now looking for hub partners in your area. Hey, it's Ryan Seacrest for Albertsons and Safeway. It's stockup savings time now through March 31st. Spring in for storewide deals and earn four times of points. Look for in-store tags to earn on eligible items from Celsius, Body Armor, ORAIDA, Silk, Capri-Sun, Bavarian Meats, and Charmin. Then clip the offer in the app for automatic event-long savings.

Stack up those rewards to save even. more. Enjoy savings on top of savings when you shop in store or online for easy drive up and go pick up or delivery. Restrictions apply. See website for full terms and conditions. You're listening to what are we waiting for? Well, what are you waiting for? One, two, ready, go. Action! In the guesters edge with Gary Culpa. By the way, I didn't realize Tesla was down nine today, so it's now up 14 in the aftermarket. Now about 13 in change. Da-da-da-da-da NVIDIA

There was a time today Where NVIDIA was down 370 and 9 bucks Closed only down 5 and a quarter And very quickly

Up $2 in the after market So it's only down $3 on the day On Nvidia I'm getting so many questions on it, all I can tell you, technically, if it can get back above, let's call it 132, it negates this blistering drop to the downside, negates it. Doesn't break it out, doesn't get it going. It just negates the gap to the downside on Monday. And I will tell you today,

It got further hit when the administration came out and said that they were thinking of stopping Nvidia from selling in China. President Trump's advisors are considering additional restrictions on Nvidia chip sales to China. And that hit the stock even more. So maybe that fell by the wayside, I don't know. So a lot of jello moving on the plate today. We are stock-centric because all that crap's going on. I got asked a thousand times about this deep seek, this thing out of China on artificial intelligence. I can only tell you what's reported.

They came out and stated that they're doing it for nothing and they don't need expensive chips. then somebody came out and said, wait a minute, they had already got a bunch of Nvidia chips and they needed it, but nobody gives out any answers on any of it.

I don't know. All I can tell you, they smoked, they bounced them a little bit, a bunch of semiconductors involved, a bunch of energy companies involved, data center companies involved, companies involved,

companies, that would power these data centers, they just smoked them. I do not know what the outcome is going to be. And again, at this juncture, I'm only telling you what I am reading. There's really no way of knowing. But this administration is already kind of sort of talking about restricting them, shutting them down here, all kinds of things. And I'm just thinking to myself, shouldn't we try to nouging.

We're trying about being partners due to the fact we're almost a $30 trillion economy. They're an $18 trillion economy. And in case you don't know this, the number three-sized economy after us, and I think we're near 30 trillion, give or take, a couple of trillion. China's around 18 and has their problems. number three is Germany under 5 trillion that just surpassed Japan

that's under 5 trillion both above 4 trillion imagine if we can figure out a way to get China and not be such communists also as I stated on this administration they went and paused all

grants and loans and stuff, they reversed that. They were shutting some things down. They reversed it. Hope they learn. You don't hip-shoot the whole country. What happened, I believe it shut down some websites for half a day. Not a necessity. I think these people have game.

Don't need to do too much. As I've stated, just be smart get them taxes low get them regulations out of the way inspire versus what they did in the last administration every freaking day was Joe Biden I'm a capitalist but I'm a capitalist but and his next words were you gotta pay your fair share even though I think the top 1% pays like 40 or 50% somewhere, it's up there. And the lie that the billionaires don't pay taxes is quite the laughable thing.

What else is happening? That's of import. Well, you're seeing the media in full-fledged uproar. All Trump is doing is what Obama did. what Clinton did tough on the border but they call Trump heartless

that's what they've been doing all day and the media is actually asking tough questions now accusatory questions under Biden it was a bunch of kiss the arse I have said to you for years

you're not a country if you have open borders and they're closing them. The numbers are way down. They're getting rid of criminals. And now they're talking about anybody that's here on visas that's holding up flags of Hamas,

a terrorist organization, you may be next. I don't mind any of that. And I think, and I'm hoping the next thing is just make it less tough to become a citizen here. I know people that it took years and a lot of crying and a lot of money

and a lot of attorneys to become a citizen. Don't think it has to be that tough. All right. So wild action in the aftermarket. We have no clue how it opens tomorrow, but we'll be back. You have a great evening.

Drive carefully when you get home to like we do. Quite simple. Make sure you hug your family. Make sure you hug your children. and they will feel better, you'll feel better. I promise, stay well, be well. Have a great evening. Good night.

This has been Investors Edge with Gary Cult Bomb on BizTalk. To listen to past episodes or to get in contact with Gary, go to GaryK.com. That's GaryK.com. Want to earn extra income for your business? Amazon Hub delivery is looking for ambitious business owners to assist with local deliveries. When you become a partner,

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