Investor's Edge with Gary Kaltbaum - CHANGES? [07.15.2025]

Episode Date: July 15, 2025

https://garykaltbaum.com/...

Transcript
Discussion (0)
Starting point is 00:00:00 On eBay, every find has a story. Like, if you're looking for a vintage ban tea. Not just a tea, the band tea. You wore it everywhere. Until your BFF stole it. Now you're on eBay. And there it is. Same tea, from the same tour.
Starting point is 00:00:17 The things you love have a way of finding their way back to you, especially on eBay. Where else can you find that mint trading card you searched everywhere for? Or your first car, the one you wished you never sold. It has to be eBay. Shop eBay for millions of fines, each with a story. eBay, things people love. Investor's Edge with Gary Cultbaum, straight talk about you and your money.
Starting point is 00:00:45 Now from the BizTalk Studios, here is Gary Cultbaum. And welcome once again to Investors Edge. I'm Gary Cultbaum, your host. A thanks of being with us today. Glad you here, ladies and gentlemen, happy that you are listening. It's a middle of July. 2025. Hope you're having a good day.
Starting point is 00:01:04 Oh, by the way, it's Tuesday, and it's the 15th. Again, hope you're having a good day. Hey, ladies and gentlemen, this is serious talk on everything that affects you. And today, we're going to show you our technical analysis prowess. Say that three times fast. We are going to show you. our technical analysis prowess because we are letting you know and we always have to put the word in front of it, potential changes are now happening in the markets.
Starting point is 00:01:51 And we say that knowing we're now running and into the midst of earnings season. what you need to know is that we do a lot of what we call intermarket work. What would that mean? Well, the easy way to explain it, if oil prices skyrocketed, you're probably going to see airlines and cruise lines drop in price. That's a for instance. If for instance, the 10-year yield, which had closed it for, 4.489 went to 7%. What's the worst areas to be in?
Starting point is 00:02:38 I would suggest housing-related. Intermarket work. And part of that intermarket work and the cause and effect is just that. Interest rates, currencies. Now, we don't talk currencies a ton, and you know the reason why? Neil Cavuto, one of my favorite people on Earth that we miss so much not being on TV,
Starting point is 00:03:08 once said to me, we don't like talking about the dollar because it'll put everybody to sleep. Makes sense. But every now and then we got what we call a sore thumb. And we're going to tell you about it in just a moment. Now, as we said, serious talk on everything that affects you. We'll do the markets, the economy, your job, your industry. Mistakes that are being made by this president of the United States. And that matters a lot.
Starting point is 00:03:43 Remember, remember, that matters a lot. When you have an active president consistently and constantly doing things, saying things, that matters a lot. We'll get into that too. And if you do not get to, and don't start with the TDS, we'll live. love a ton of things that he's been doing. But economic-wise, we got some problems. 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. Excuse me, I got to take that back. We'll post it on X that used to be Twitter. And if you don't follow us on X, you should. And if you like to email us, just be nice.
Starting point is 00:04:22 And I do believe we're on the YouTube channel of BizTalk Radio. Also, at least somebody told me that. I had no idea. Nobody at BizTalk told me that. wish they did. Anyway, so the Dow was down 436. The S&P was down 25. Only 25. The NASDAQ was up 37, the NASDAQ 100 was up 28, and the SOX was up 71, all three off their highs.
Starting point is 00:04:57 But pretty darn strong were the semiconductors today, and we'll explain why in a little bit. Now our screens are set up. I have this middle screen. I call it the stuff screen. We call it stuff. Why? Let me tell you what's on that screen.
Starting point is 00:05:20 You have a whole column of retailers going from Abercrombie and Fitch down to Zumi's alphabetical order. We have defense stocks like General Dynamics and Raytheon. We have the managed care stocks that have. crashed because of United Health. We have a bunch of drug stocks that are not doing very well. We have auto dealers and they're all together. We have the two payroll companies, ADP and paychecks, have about 50 or 60 oil stocks. We've got a column of housing names, the whole transport index, all the airlines. We have the farm machinery. We have the big biotech. We got cruise lines.
Starting point is 00:06:06 A bunch of medical products and research and crap like that. Another column. We have the food, beverage, tobacco column. We have about 30 to 40 insurance stocks. I got about 15 restaurants. We have a bunch of about 40 economically sensitive names going all the way from, let's see what I got going there. How about Autolive all the way down to XPO Logistics?
Starting point is 00:06:41 We have the whole financial column. Big banks and big regionals got about 80 to 90 names, and we also have a semiconductor column. And then we have little, little columns of three casino stocks. We have the metals, mining also from Alcoa all the way down to Worthington Steel. My screen of stuff today is beat red. On top of that, as I did a glance at it, and I'm pretty quick with the fingers and scanning, you got some things topping, possibly breaking down, giving back. And remember, this was an
Starting point is 00:07:34 area that just a couple of weeks ago had woken up. It was relatively weak. Woken up. Not so sure anymore. So let's do cause and effect. Okay. And we're going to include the President of the United States with this. The 10-year yield, that is your mortgage rates. That is your a lot of loans. That to me is the end. all be all. And why is it? Because if you have followed us, followed me, listen to what we have had to say throughout the years. We have told you it is the most important force in the market. We nailed it for you. We nailed inflation for you and the bare market for you because yield spiked while the dummy Powell just sat there. And yet, yes, we nailed. Ellen sat there and Biden sat there and their doofous economic guy, I forgot his name, were telling us there wasn't any inflation. And then when the numbers started coming out, said, don't worry, it was transitory. Then, oops.
Starting point is 00:08:48 Well, the 10-year yield led the freaking way. And they had to play catch-up. The Fed had to play catch-up to yields that were spiking because they stayed at zero because they're dummies. remember they used to predict now they're into got to wait for data data dependent and in the last two and a half weeks it's gone from 4.2 to almost 4.5 which is not the end of the world not at all but there's also something else our dollar against other currencies have been in a bare market since well i'm going to call it the end of December how do we define bare markets well if you follow what we do you'll know what we mean by bare markets price the dollar kept dropping
Starting point is 00:09:44 and dropping and dropping and every rally was contained by a dropping descending 50-day moving average today for the first time since the end of December that dollar and it's the u upi broke above the 50-day moving average. Now, does that mean it's going to continue higher? No, but in real time, it did. And what is a stronger dollar, a problem? Because in case you don't know, a stronger dollar is not good for our big multinationals because our American products become more expensive to foreign buyers around the world. And then you wear it in this tariff crap. And you add in this tariff crap. you have a little one-two punch which could be a problem. And the question is, is the dollar strengthening because yields are going up?
Starting point is 00:10:46 Or yields going up because the dollar strengthening. Typically, the dollar strengthening because yields are going up. And if yields keep going up, the dollar will get stronger, and those multinationals will come down in price and we'll have some trouble. If interest rates keep going up, what's going to be affected? A lot. and that's why they smack the smithereens out of the housing and housing related, like Home Depot and Lowe's and Whirlpool and the like.
Starting point is 00:11:16 Up next, what does the president have to do with this? I hope you are listening. I'm Gary. This is the one only Investor's Edge. Hi, I'm Gary Kalbaum, 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. big commissions, just a fee on the assets that's managed. We also provide a full range of personalized
Starting point is 00:11:59 services, including retirement planning, fixed income, and educational needs, all to assist you in achieving your financial goals. Understanding not all individuals have the same needs, we'll carefully evaluate your personal goals to determine a proper investment strategy. If your current approach to investing is not getting you to where you would like to be, call us to make an appointment for a complimentary portfolio review. The number to call is 888-4-22-55-9. That's 888-4-2-2-5-5-9. That's 888-4-2-2-5-5-9.
Starting point is 00:12:36 Investment Advisory Services offered through call-bomb capital management. Hi, I'm Dr. Jay Goodman, host of Beyond the Script, the podcast where I sit down with pharmacists to answer the health questions you didn't even know you could ask at the pharmacy counter. In this episode, we are diving into gut health with CVS pharmacist Victoria Motola, who explains why so many of us live with stomach issues we should not accept as normal. A lot of what I see is just like chronic bloating, chronic stomach aches. Like I get a stomachache every time that I eat and it just becomes like a lifestyle
Starting point is 00:13:16 where oh yeah, you know, I just have a stomachache every day or I'm constantly feeling like gassy. And all of those things are not something that generally if you have a healthy gut, you should be living with. So that's when we deep dive. We deep dive into your medication. We deep dive into your OTC medication. And then at that point, we can probably identify something that we can change. Hear the full conversation, plus some fascinating facts about how gut health affects so much more than just your stomach on Beyond the Script, a podcast from CVS Pharmacy and IHeart Radio. Listen now, wherever you get your podcasts. Struggling to see up close, make it visible with Viz.
Starting point is 00:13:56 a once daily prescription eye drop to treat blurry near vision for up to 10 hours. The most common side effects that may be experienced while using Viz include eye irritation, temporary dimmer, dark vision, headaches and eye redness. Talk to an eye doctor to learn if Viz is right for you. Learn more at Viz.com. OnDec is built to back small businesses like yours. Whether you're buying equipment, expanding your team, or bridging cash flow gaps, On Dex loans up to $400,000 make it happen fast. Rated A-plus by the Better Business Bureau, and earning thousands of five-star trust pilot reviews, OnDec delivers funding you can count on. Apply in minutes at on deck.com.
Starting point is 00:14:28 Depending on certain loan attributes, your business loan may be issued by OnDec or Celtic Bank. OnDec does not lend in North Dakota all loans and amounts subject to lender approval. 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.
Starting point is 00:14:52 With Gary Coltbaum. It doesn't get better than this. And welcome once again to. investors edge so what was our biggest complaint of Jay Powell he did not listen to the markets it was easy for us to warn you back then 21 22 it was easy because we believe in the free markets it's the markets are very smart they're very smart and back then yields kept going up the free market, not Jay Powell, he controls this stupid thing called Fed funds.
Starting point is 00:15:44 You can go look it up, I've given you the definition, I think I gave it to yesterday. And believe it or not, for a change, Jay Powell's actually saving Trump's arse. Because if he lowered interest rates too much right now, there is every chance the market, the free market would give that a big, gigantic middle, finger and while Jay Powell's lowering his Fed funds, the 10-year yield could spike. Why would that be? Because the Fed would not be listening to the market. And the market itself is much bigger than them unless they are printing money like they did to $9 trillion. So where does the president come in? And just so you know, everything I'm about to tell you, if I had his ear, I would say,
Starting point is 00:16:42 say to his face, to help him out. And of course, the problem is he thinks he's omnipotent. Every decision he makes is right, and that's a huge problem. President Trump wants to take the Fed funds rate down to 1% while the free market is saying the opposite, at least in the last few weeks. and in case you don't know the 10-year yield for the last since last November
Starting point is 00:17:23 has been between 4-2 for the most part and 4-6 one visit down under 4-2 that came right back up and one visit above 4-8 so 4-2 to 4-6 that's the free market not somebody with Fed funds not a president of the United States
Starting point is 00:17:42 yet the President of the United States want to take Fed funds to 1% and let me tell you what that does. It incites higher rates because at that point the free market, you know the big smart geniuses running the bond market, they are smart, will recognize that the President of the United States
Starting point is 00:18:09 doesn't have a clue, is wrong, is not listening to the market. And when you get too easy with money, when you shouldn't be, the opposite happens in that 10-year yield would spike. And if it stays up and they don't fix it and they don't react to it, there comes your contractions, there goes your inflation, and then all hell breaks loose. Unfortunately, this president of the United States is into easy money. Easy money is stupid. It creates distortions. The free market kicks that easy money in the teeth when it does not want it to be easy money.
Starting point is 00:19:05 It did it before with Powell. I promise you it will do it with Trump also. The president has it completely wrong. at this juncture, that can change. But right now, interest rates, real rates, the free market of investors, traders, and speculators that are risking their capital on what they see and what they feel and they're pretty darn smart as a whole,
Starting point is 00:19:38 says the Fed needs to be in and around here. And I can promise you if the 10-year yield goes higher, We don't know what the short term brings. I don't know what tomorrow is going to do. But if the 10-year yield goes higher from here, if the dollar, which looks like there is a chance here, that it is bottoming, goes higher, yet Donald Trump keeps saying we have to lower rates.
Starting point is 00:20:12 And now they're making a fake investigation to get rid of Powell so we can put one of his peeps in to do his bidding. which sucks. And I watched a conservative, supposed conservative Republican today on TV say, the Fed should not be independent. I almost threw up. I'm not going to say who it was.
Starting point is 00:20:38 All of a sudden, conservative Republicans are now a bunch of doofuses. Why? Because if they say anything against the president, they get excommunicated. So we're letting you know that cause and effect today. yields in the dollar we don't know what tomorrow brings but if yields keep going up and the dollar keeps going up I think there's going to be some headwinds and I can tell you those areas
Starting point is 00:21:15 that woke up very nicely a couple of weeks ago some stronger than others tucked in like frightened turtles today especially the housing and housing related whirlpools Sherwin Williams Home Depot lows William Sonoma, and then there's the actual housing stocks. Transports. Why would transports get weak? Well, if interest rates go up, cost of capital goes up. That's how it works.
Starting point is 00:21:52 If anything changes, we'll let you know, but you're on notice right now. We're not calling for a bare market. We're not calling for big trouble. We're just telling you we think some of these areas. Now in the midst of pulling back, and we'll let you know if it worsens or it's just going to be a normal pullback. Well, for some things, it's already more than normal. Now, we're in the midst of earnings season.
Starting point is 00:22:15 Citigroup was up three bucks today. But BlackRock was down 65. And State Street Bank was down eight. About 7% completely breaking down. BlackRock completely topping. But Citigroup, not bad. JP Morgan on earnings was only down two sets. That's okay.
Starting point is 00:22:36 Banker New York was hardly down, so that's okay. It was better. tomorrow there's a bunch of more there's Goldman Sachs Morgan Stanley and others and we'll have those for you also but we're just letting you know little bit of cause and effect today with the dollar and yields and my stuff screen is beat red today on the other end of that spectrum that I need you to know there was news that President Trump, after meeting with the CEO with Envidia, changed his mind.
Starting point is 00:23:16 What did he change his mind on? It was important. I'm Gary. This is the one and only investor's edge. Hi, I'm Dr. Jake Goodman, host of Beyond the Script, the podcast where I sit down with pharmacists to answer the health questions you didn't even know you could ask at the pharmacy counter. In this episode, we are diving into gut health with CVS pharmacist, Victoria. Victoria Motola, who explains why so many of us live with stomach issues we should not accept as normal.
Starting point is 00:24:06 A lot of what I see is just like chronic bloating, chronic stomach aches. Like I get a stomach ache every time that I eat. And it just becomes like a lifestyle where, oh, yeah, you know, I just, I have a stomachache every day. Or I'm constantly feeling like gassy. And all of those things are not something that generally, if you have a healthy gut, you should be living with. So that's when we deep dive. We deep dive into your medication. We deep dive into your OTC medication.
Starting point is 00:24:32 And then at that point, we can probably identify something that we can change. Hear the full conversation, plus some fascinating facts about how gut health affects so much more than just your stomach on Beyond the Script, a podcast from CVS Pharmacy and IHeart Radio. Listen now wherever you get your podcasts. Struggling to see up close, make it visible with Viz. Viz is a once daily prescription eye drop to treat blurry near vision for up to 10 hours. The most common side effects that may be experienced while using Viz include eye irritation, temporary dimmer, dark vision, headaches, and eye redness. Talk to an eye doctor to learn if Viz is right for you. Learn more at Viz.com.
Starting point is 00:25:08 Cashflow crunch? On-deck's small business line of credit gives your business immediate access to funds up to $200,000 right when you need it. Cover seasonal dips, manage payroll, restock inventory, or tackle unexpected expenses without missing a beat with flexible draws, transparent pricing, and control over repayment. funded quickly and confidently. Apply today at on deck.com. Funds could be available as soon as tomorrow. Depending on certain loan attributes, your business loan may be issued by on deck or Celtic Bank. On deck does not lend in North Dakota. All loans and amount subject to lender approval. 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 him.
Starting point is 00:25:57 And welcome once again to Investor's Edge. So it should be obvious that not only of the CEO of Nvidia brilliant, but he's skilled at selling. Because after meeting with the president, the president changed his mind on restrictions on selling Nvidia chips to China, which is huge, which opened up the door for the semiconductors today. By the way, the socks was up 72 today, even with the Dow down 436. At one time today, the socks was actually 5791, another 7.44.
Starting point is 00:26:45 But of course, with the Dow dropping 436 came in, and Vidiya was still up six bucks today. The SMH, which is an ETF, was still up almost 2% today, was better, but came down towards the M. But you had other things, other names like AMD up 9, Broadcom, up foreign change. Taiwan semi up 8, they report this week. So the semis had a pretty good day. And that was holding up the Q's all day. The Q's finished up 50 cents on the day, which is quite amazing. Quite, quite amazing.
Starting point is 00:27:25 The S&P, which did finish down 24, happened towards the end of the day on the last drop in the market. And the reason why the S&P wasn't worse because the S&P has a lot of tech. And by the way, in tech today, it wasn't just semis. There were a few other things that were up on the day, though other things got smacked around. So notwithstanding earnings, which changes some playing fields, big picture, big picture, has a chance of changing today. Notice the words, listen carefully to my words, potentially. has a chance. Nothing's baked in the cake until trends are happening. This is something that potentially changes some of the trends, at least for today. I can promise you, they did some damage today
Starting point is 00:28:19 on the things that are affected most by yields going higher. And the more the president keeps saying we should be at 1%. I think it becomes more and more problem. after all had hancho top dog big cheese and unfortunately there ain't nobody in his purview that's going to even argue with him his people are a bunch of wimps they're wimps i'm waiting for one of them to say mr president that ain't going to happen unfortunately what else do i want to bring up today Well, I mentioned the semi-China. Very good action in China today. I don't know if it has to do with the fact of that news about China and the chips, whatever.
Starting point is 00:29:15 But just let you know, if you look at FXI, chance of breaking out. Alibaba and Baidu, which was comatose, really woke up on volume today. I'm still agnostic on this area, but there's like a new high in TME. is it a new high net T's is close F-U's been strong so there's some China names that are perking up
Starting point is 00:29:42 for lack of a better word and we'll see what comes to that as you know I always watch Ali Baba and that was up almost nine bucks today we'll call it about oh I'll call it about 8% at least
Starting point is 00:29:55 8.09% not bad Not bad. Anything else that stuck out? Not really. Advanced declines were bad today. Three to one negative. More on the NYSE, worse than three to one.
Starting point is 00:30:17 And you don't want to see too many days like that. The mid caps and small caps suck today. And as we have said to you daily, the large caps just continue to be stronger than the mid and small, even though the mid and small came up with it because the market bottom but on a relative basis just ain't happening and we you know you can always diversify and have some terrific but we're just letting you know it just ain't happening and uh bitcoin pulled back pretty decently today also uh look there to be about
Starting point is 00:30:55 three percent for whatever reason remember i i don't understand anything about it no earnings no sales no product no services it's just people buying at a higher price based on who knows what. And nobody can argue that point, by the way. And as I'm looking around my screen to see if anything else is sticking out like a sore thumb, no. I think that is about it. Which takes me to some noise today that I need to bring up. That affects you.
Starting point is 00:31:30 So there's a, you know, I'm pissed off at the Republican Party and Trump for the great big, beautiful bill. they got it right. It is big. Nightmarish debt and deficits going forward. Even though for the month we had a surplus because they say the tariffs, which I want to throw up about. I saw somebody today on TV applaud the tariffs and lie about it or just a doofus. I saw somebody on TV today that had the nerve to say tariffs have money flowing into the United States. So let's assume he's not lying. that person's an idiot. Tariffs are specifically paid by the United States companies by definition. That's it. So no money flowed into the United States. And by the way, I'm quoting this dufus. I can't believe.
Starting point is 00:32:40 And the guy's got this big title, he's CEO of some company. Tariffs have money flowing into the U.S. it ain't by definition now as we have stated hey Walmart can go to China and say listen this whatever 30% we can't deal with this we need your help let's cut it down the middle you're 15 so in that case China would pay to our treasury but that's not the definition that's not real world and that's certainly not real world for small companies that can't negotiate like a Walmart can. So be careful of what you're hearing out there.
Starting point is 00:33:31 There's a lot of crap going on. And then they were talking about debt and deficits today. Little comedy act, I saw Chuckie Schumer on TV complaining about the Republicans and their debt and deficits. Chuck Schumer is ground zero for about 30 to 32 trillion of our debt and deficits. That's how long he's been in D.C. Yet he has the nerve to go in front of a lectern and start complaining about the other party about the debt and deficits. I'd like to debate his butt one day.
Starting point is 00:34:09 I'd have him crawling on the floor by the time I got done with him. And that was a little bit of the noise I saw today. They all nauseate me at this point. They all suck at this point. And amazing to hear a pundit come out and say tariffs have money. flowing into this country. Yeah. Flowing into this country
Starting point is 00:34:39 from this country. Dufus. Anyway, and by the way, I'm not even riled up. I'm just telling you the facts. So let's see what tomorrow brings. I'm very much
Starting point is 00:35:01 not thrilled by the dollar and that move. There's this thought process. Well, strong dollar. Good. Well, Yeah, strong dollar's okay. But not so sure a strong dollar in unison with interest rates going higher while you have 37 trillion of debt is a good thing. Lastly, before we get into some other things, tariffs.
Starting point is 00:35:36 Just letting you know, this is August 1st. We'll see if he does the taco again. The European Union, 30%, Brazil, 50%, South Africa, 30%, South Korea, 25%, Bangladesh, 35% 35%, 15%, Philippines 20%, Cambodia, 36%, Indonesia, 32%, Myanmar, 40%, Sri Lanka, 30%, Malaysia, 25%, Thailand, 36%, Moldova, 25%, Canada 35%, Mexico 30%, Bosnia 30%, Algeria 30%, 20%, Tunisia 25%, 25% Brunei, 25%, Serbia, 35%, Japan, 25%, Libya 30%, Laos, 40%, Iraq, 30%. All products that come from those places, that's what we're paying. Yay.
Starting point is 00:36:28 Up next, visionary minds. This is the one only investors edge. Hi, I'm Dr. Jay Goodman, host of Beyond the Script. the podcast where I sit down with pharmacists to answer the health questions you didn't even know you could ask at the pharmacy counter. In this episode, we are diving into gut health with CVS pharmacist Victoria Motola, who explains why so many of us live with stomach issues we should not accept as normal. A lot of what I see is just like chronic bloating, chronic stomach aches. Like I get a stomach ache every time that I eat and it just becomes like a lifestyle where, oh, yeah, you know, I just, I have a stomach kick every day.
Starting point is 00:37:20 Or I'm constantly feeling like gassy. And all of those things are not something that generally, if you have a healthy gut, you should be living with. So that's when we deep dive. We deep dive into your medication. We deep dive into your OTC medication. And then at that point, we can probably identify something that we can change. Hear the full conversation, plus some fascinating facts about how gut health affects so much more than just your stomach on Beyond the Script, a podcast from CVS Pharmacy and IHeartRadio.
Starting point is 00:37:50 Listen now wherever you get your podcasts. Struggling to see up close, make it visible with Viz. Viz is a once daily prescription eye drop to treat blurry near vision for up to 10 hours. The most common side effects that may be experienced while using Viz include eye irritation, temporary, dim or dark vision, headaches and eye redness. Talk to an eye doctor to learn if Viz is right for you. Learn more at Viz.com. On Deck is built to back small businesses like yours.
Starting point is 00:38:13 Whether you're buying equipment, expanding your team, or bridging cash flow, GAP's loans up to $400,000 help make it happen fast. Rated A-plus by the Better Business Bureau and earning thousands of five-star trust pilot reviews. On-Dec delivers funding you can count on. Apply in minutes at ondac.com.
Starting point is 00:38:31 Depending on certain loan attributes, your business loan may be issued by OnDec or Celtic Bank. On-Dec does not lend in North Dakota. All loans and amount subject to lender approval. You're listening to... What are we waiting for? Well, what are you waiting for? One, two, ready, go.
Starting point is 00:38:48 We want you to remember a couple of things about the media They will never give Trump a fair shake Just remember that when he does great, it's bad When he does bad, it's a horror show The word Hitler and Nazi is thrown around all the time Just want to let you know also places like the New York Times are Jew hating Israel hating, democracy hating, ass clowns, who actually are being nice to this communist that may be the mayor in New York City.
Starting point is 00:39:43 I may have told you this, but just in case I didn't. The New York Times wrote a headline and a big expose on Netanyahu runs Israel. How Netanyahu prolonged the war in Gaza to stay in power? That's the freaking headline, and then they threw in this whole thing with 100 sources that were unnamed. This is the paper of record that just made it up that he wants to prolong the war. When you have Hamas still holding hostages from, it's almost going to be two years, murdered in some of the worst. ways raped women in some of the worst raids paraded them around murdered infants and elderly burying them beheaded them kidnap them and kept them in the worst way in
Starting point is 00:40:45 tunnels not feeding them torturing them and now Hamas is killing Palestinians left and right it's on video and the New York Times won't even report it but it's Netanyahu that wants to prolong the war. And Hamas saying we're going to do a thousand October 7th, given the chance, but it's Netanyahu prolong the war. You know my two words, right? Up yours to the New York Times and the rest of them. They will kiss the arse of this communist wanting to be mayor in New York City
Starting point is 00:41:25 who hates Jews, hates Israel, has curry him and his father have talked about Hamas as victims and freedom fighters and the New York Times and others make nice nice but somebody who leads a democratic nation the bad guy
Starting point is 00:41:48 do not forget this because all of their reporting is biased and sucks when it comes to politics and it's a shame because the New York Times has some darn good journalists that report on other things. Now that we got rid of the negative, let's talk to positive. A few years ago, I had a chance during the big fundraising event for the Boys and Girls Clubs of Central Florida to sit next to a woman, the mother of Shaquille O'Neal, who lives in Orlando, Florida.
Starting point is 00:42:26 And you know, Shaquille O'Neal is from Orlando, lived here for a very long time. And I thought I was sitting next to an angel. You ever just get that feeling when you were somebody? She just had this oar about her. And half the time she was talking about her son and what a wonderful man he is. Didn't even talk about basketball, just the things he does for people and others that they don't even, never even publicized. let me give you visionary minds Shaquille O'Neal made
Starting point is 00:43:00 $292 million in the NBA but he made far more after he stopped playing instead of blowing cash shack bought franchises today his business empire is worth over $400 million here's how he became a silent franchise tycoon he knew fame wouldn't last so he did what most athletes don't do he prepared for life after the game
Starting point is 00:43:19 first big move bought 155 five guys locations that's 10% of the entire chain. He didn't stop there. Anty Ans, those are those great smelly pretzels. Papa John's 24-hour fitness and Krispy Cream. He spent his money across many brands with everyday demand. Why franchise is simple, built-in systems. He didn't need to re-event the wheel, just fuel the engine and collect returns.
Starting point is 00:43:45 Shaq once said, I want to be rich forever. Franchises gave him cash flow, not just paychecks but passive money. He also became the brand with his indebted. But he took it further, investing in the companies themselves. He joined Papa John's board, bought a Krispy Kreme store, and made sure the deals at equity, not just ads. But here's the twist. He doesn't brag. He moves in silence, stays goofy on camera, and builds quietly behind the scenes.
Starting point is 00:44:12 While other celebrities flex watches and jets, Shaq owns businesses that print money. That's a different kind of wealth. He now owns his own shoe line. And by the way, the story behind that is somebody told him that he was going to do a shoe line that charges too much. He came out with a sneaker line that doesn't charge a lot. A movie theater, 150 car washes, 40 gyms, 17 anti-ansans and as I said, a 555 guys. Most people see him on TV and thinks he's just a retired athlete, but he's a ruthless investor, calculated patient strategic. He had reinvested like an owner, not a spender.
Starting point is 00:44:48 He stayed in his lane. Food, Fitness, Fund, and built an empire. while staying lovable. He mastered the game of leverage. He used his fame to buy assets. Then let those assets grow. Money without the spotlight. The lesson, build quiet, think long.
Starting point is 00:45:02 Don't chase trends, buy businesses that last. And by the way, very philanthropic. Very. I've seen stories about him where he met people. He's in an auto dealership and he finds out some people can't afford this and that. And he hears their story and writes the check. and writes the check for the rest of the car. I've seen that.
Starting point is 00:45:25 He's done that. I saw him pay off a house for a woman that was going to be foreclosed. He's done that. No wonder I was with his mom that for three or four hours, she could not stop talking about him. And not one time did she mention basketball. Just what a great man he had become. I love that.
Starting point is 00:45:53 And by the way, as funny as all hell. And by the way, I met him once in an airport. Boy, he's got big feet. And he is big. Leave no doubt. Anyway, that is a little bit of visionary minds. We're going to keep doing more and more of those. And I keep forgetting to do them every day because I got about 500 of them.
Starting point is 00:46:11 It's just lessons of greatness. People who beat the odds, created, produce. You know, unlike everybody in D.C. that are a bunch of Hoover vacuums. Anyway, have a great evening. Drive carefully. Tomorrow and the next day, going to be a little bit on the interesting side.
Starting point is 00:46:31 Watch the dollar, watch yields. And when you get home, do like we do. Quite simple. Make sure you hug your family. Make sure you hug your children. They will feel better. You'll feel better. I promise they will be well.
Starting point is 00:46:39 And I don't have TDS. We just call balls and strikes here. And we will continue to. Have a good night, everybody. Peace out. 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 GaryKK.com. That's GaryK.com.
Starting point is 00:47:02 Guys, it's no use putting it off. The best time for an underwear refresh is now. Tommy John underwear is designed for a perfect fit that stays put all day. Their zero-chafe thanks to four times more stretch than competing brands. And their innovative horizontal quick-draw fly is a game changer. With over 30 million pairs sold, there are thousands of men out there more comfortable than you. Don't settle for less. Go to Tommyjohn.com today for 25% off your first order with Code Comfort.
Starting point is 00:47:28 That's Tommyjohn.com code comfort. Tommy John. Comfort perfected. With the Venmo debit card, a taco in one hand, and ordering a ride in the other means you're stacking your rewards. Nice. Get up to 5% cash back with Venmo Stash on your favorite brands when you pay with your Venmo debit card. From takeout to ride shares, entertainment and more. Pick a bundle with your go-tos and start earning cash back at those brands.
Starting point is 00:47:54 Do more stash, get more cash. Venmo stash bundle terms and exclusions apply. See terms at Venmo.combe slash stash terms. Max $100 cash back per month.

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.