Investor's Edge with Gary Kaltbaum - ECONOMIC NAMES

Episode Date: June 29, 2023

Follow Gary on GaryK.com or http://garykaltbaum.com

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at all tastes like. 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 Colbaum, your host day. Thanks of being with us today. Glad you here, ladies and gentlemen.

Happy that you are listening. It be the 29th. It is June, not July, 2003. And as always, a lot to cover. We'll do the markets. We'll do the economy. We'll do your jobs. We'll do your kids.

Everything that matters. And we'll start today with your kids just in case the Morlocks are BSing you on what's going on. By the way, you can go look up the Morlocks if you want. So we'll get into markets in a little bit. another day for the economy. June 2nd, the broad market, the economic part of the market, woke out of its coma. Areas that were dead, woke up that day, and I must tell you, not everything, but a decent amount of them, just keep going and going, going higher from being dead for so long.

We'll get to that. We'll get to the movers of the day, all that. But what I want to start with today, in case you didn't know, there was affirmative action before the Supreme Court. And they came out, and you can read all about it, against affirmative action when it comes to colleges and how they choose and diversity and all that stuff. I had no idea The case was brought by some Asians Who said that because they were not of a certain group What you get my point

They were not chosen even though their grades and their SAT And whatever else were so much better than others that did get in I had no idea Of that Not a lick let me tell you what they're not going to tell you as you watch your news tonight. Because all this talk now about racial disparities and how things are not fair. In fact, who was it?

There was somebody who came out today. Whoopi Goldberg. I have never watched one minute of the view, ever, because every now and then people will send me outtakes of it and I'll read up. And it's just a bunch of people that agree with each other on the same thing over and over again, just what we call hacks. There are hacks on the left and there are hacks on the right. No matter what their side does, everything's fine. no matter what the other side does, they're all scumbags. So she came out today and said,

if everyone was actually treated equally, we would have to put in affirmative action. Interesting statement. Well, let me give you my thoughts because I'm kind of involved with all this. What do I mean by that? Not only my family, but other families on the board of the Boys and Girls Clubs of Central Florida have provided tuition for students that would not be able to afford private school

to go to private school because the schools they're in suck. There is enormous racial disparity in the fact that affluent parents, do have choices. If they deem their school is not up to snuff, they can pay for private school. Schools that have shown how much better they do for their students than other schools. Interesting, huh?

Parents that don't have that type of money cannot get their kids into a better school because they cannot afford, unless, I don't know if you know this, but private schools will take in, just like colleges, athletes. And I've seen that happen. So yes, there are racial disparities as these kids go to college. And what we do with the boys and girls clubs is we make sure all

these kids, by the way, it's not me. It's the staff. We do things as a family, but I'm not in the clubs with these kids throughout the day and whatever. It's the staff. I'm nothing. And what they do is they teach, hmm, hard work, study, education, leadership skills, mentorship, computers, what to stay away from, all the things that they may not get in their school. And our students, I think 99.9% of them graduated high school and a lot of them with really good grades and got into colleges because of how great they were, not because of race, creed or color. what the problem lies, where it lies, is in our schools. And a lot of them are doing this now.

They're lowering the standards for kids. Hey, it's not fair that you are not as privileged as the next one. So we're going to get rid of honor society. And we're going to lower the bar for your passing grades. and we're to do homework. In other words, they're kicking the students and the you know what's and disabling them instead of enabling them. And no, this is not every school.

And I'm not picking and choosing. I'm just letting you know what I've seen as a parent, what I hear from people, what I hear from these kids and the parents of these kids. When we do our Thanksgiving dinner, and the parents show up. They don't just show them. I talk to them.

I listen to what they have to say. And just about every one of them say, yeah, the schools. So where it should start is our education system. Put affirmative action to the side. We can come up with reasons for or against. These Asian students, I saw one of them that he came out, He was one that was part of this case. Everything he said was plausible

on why they brought this case. It made sense. And he wasn't just talking for Asian students. He even mentioned if the son was named John Smith. The problem is you have these people that are running these unions and doing nothing to change, nothing to improve, just flapping their gums. And if you've seen the grades of our students throughout the years,

then you see some of these grades of the charter schools and the private schools. And what a difference. Some of the states now have vouchers. Get the hell out of the public school. If it's not doing a good job and here we're going to give you these vouchers, you can go. Because our taxes pay for the schools and they're supposed to be great. But why aspire when you don't have to?

We'll just lower the standards. And that's what they've done. You can read about it. Standards have been lowered, which is so stupid. It disables the student that goes to a college and the next person is much better and can interview. You get my point. You know where I'm going with this.

So affirmative action note, we've got to get our kids educated better. That's the story. Gary Kane, who's now retiring as CEO of the Boys and Girls Clubs of Central Florida, the one thing I've noticed in is 20-some-odd years of running it, kept the kids in focus before anything else and had all of us kids in focus. and God bless these kids when you speak to them and we speak to them, when we listen to them, we hear from them to a person,

what these clubs do for them, that otherwise they would not get in school when they should be getting it in school. That's my case. Up next. Market wrap. We segue again. This is the one only Investor's Edge. Hi, I'm Gary Kalpom,

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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 M. Beta. 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, 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 quantum. By 2029, we'll 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. 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 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 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. 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. Let me finish up by saying, I don't think much is going to change. I don't think any schools, any college is going to change how they go about their business. This came down from the Supreme Court, but what are the schools going to do? They're just going to run it the way they have. been, be it right, be wrong, be it in between. With cognizance

of it, I saw one of the schools came out, yes, we will, whatever. No, they won't. And they don't have to. Why? Who's going to monitor? What are you going to have the college police now? Hey, you accepted him, but you didn't accept him.

You accepted her, but you didn't accept her. So not much is going to change. And everybody's going to be crap it in their pants, but not much is going to change. We've got, as parents, to make sure our kids are getting the best education possible. My son Eric in elementary school, two kids were bullying him on a daily basis. And they did this thing, you know, where one stands, gets behind you and kneels down and then you get pushed over that kid,

well, my son's arm was broken once he got pushed over. You think the school did a damn thing? Not a thing. We took him out. Put him into private school. Best thing we ever did. My other son was in public school to high school. As he started high school, we noticed that every day,

there were tons of fights and police cars and arrests and drugs. We noticed all this. And my son came to me and said, we put him in private school. And I am not saying that is the norm. I'm telling you our experience. I know some great, great, great friends of my sons that went to public school and turned out.

out fabulously. We are not demonizing public school as a whole. We're demonizing the bad ones. And we're just thinking in some certain areas, they're worse than others. That be my take. Okay, I've been getting an email from a woman I don't know. Never matter. During the bare market, I'm pretty sure this is how it went about. She asked me what I thought about Apple. It was either in an email or I may have said it on radio. I'm not sure. During the bare market, I must have said something to the effect of

Apple is dead money. Apple stock. Apple was dead money. Apple stock. and of course it was Apple went from 176 down to 124 dead money in January

the market bottomed for big cap technology and Apple is now at new all-time highs this woman is emailing me almost stalking me I think she called me a bum Oh, the last email was how much she hated me. And I tried to explain to her how markets work, that they always change.

And as we've told you here, before June 2nd, we were telling you to avoid all the economic areas. And on June 2nd, we told you that all changed. It's obvious. The woman never bought it back. She blames me. ladies and gentlemen at any given point in time anything we say on this show

anytime somebody asks us about a stock is at a given point in time if you would have asked me about the airlines in April and May I would have told you to avoid

their bare markets June 2nd, I would have told you they woke up. So I just wanted to make sure for each and every one of you that you understand and recognize that just because I'm bullish now does not make me bearish in three weeks on something and vice versa. Markets change.

If we started a bare market and third, three weeks. Anything I have told you up to today is thrown out. Those are the markets. Right now, the market since June 2nd, airlines, cruise lines, economically sensitive, construction, machinery, materials, some commodities, transports, all getting bids. some stronger than others. In May, we told you to avoid them. I tried to be nice, and I'm staying nice with this woman. I think I wrote back hates a big word, but she'll have none of it.

And I don't know whether she has 10 shares or 1,000 shares. But she's blaming me. She's not blaming herself. And not once. Did she email me a second time? Did anything change? No, just, I can't. say she's been cursing me out she i don't think she's used any curse words but it's a good lesson for me

to say to you hey i just want to let you know two weeks before june second we were telling for months we were telling you to avoid these areas now the kind of sort of the hottest areas now whether they're not they keep going is another story because they're economically sensitive they don't have great earnings and sales growth and that usually doesn't last but right now That's what is. And today, one of the areas that has been dead, financials, well, remember what we said yesterday on the show, our central bank had the big 23 passed the stress test that they gave them. The scam stress test, the fake stress test. Guess what the financials did today?

They played catch up today to a certain extent. We'll see if that changed. Up next, today's numbers. This is the one only investors' edge. Hello, hello, I'm Malcolm Gladwell, host of Smart Talks with IBM. I recently spoke with IBM's new director of research, Jake Embatta. 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? Yeah. My cell phone is a mature technology at this point.

How far are we from that point with Quantum? By 2029, we'll 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. 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. eat and it just becomes like a lifestyle where, oh, yeah, you know, I just have a stomach kick 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 IHeartRadio. Listen now wherever you get your podcasts. All right, quick quiz for the hiring managers out there. What's worse? Being understaffed or being poorly staffed? Well, that's a trick question, because both are recipes for chaos. Either way, just say to yourself, this is a job for indeed sponsored jobs. You'll get matched with candidates that meet the skills, certifications, and everything else you're

looking for. Or go a different way and get no traction. Seriously, sponsored jobs posted directly on Indeed are 95% more likely to report a hire than non-sponsored jobs. It really is a no-brainer. Spend less time searching and more time actually interviewing candidates who check all your boxes. Less stress, less time, more results. When you need the right person to cut through the chaos, this is a job for Indeed sponsored jobs. And listeners of this show will get a $75-sponsored job credit to help your job get the premium status at

deserves at indeed.com slash podcast. Just go to indeed.com slash podcast right now. Indeed.com slash podcast. Terms and conditions apply. Need to hire? This is a job for Indeed's sponsored jobs. 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. let me finish before we go to the market the news. Ryan Sechrest is now going to be hosting Will of Fortune. Do you know talk about inequities.

Van der White, who I believe was more important than Pat Sejack, making $3 million a year, Pat Sejack 15 million a year. Really? If I were high, I'd been pissed. And now she's kind of, if you want to keep me, she hasn't had a raise in the same 10, 15 years? 18 years. Talk about inequities.

Vanna. She's more important than Pat Sajak. And my other bit of news. Hey, I just want to let you know. The governor of California is finally, doubling the number of state police to crack down on crime. You think? Duh.

His own business was vandalized and robbed a half dozen times. He has a hospitality business or something. I don't even know that. Don't you love these idiots? What have we told you? The number one job, the number two, number three, number four, number five job. of anybody who runs a city, a state, a county, locality, it's to protect the citizenry,

not to kiss the arse of the criminals like some of these morons do. I keep saying to you in certain cities, if you shoplift $949, it's nothing, $9.50, then you're in trouble. they would walk in with calculators counting up what they were stealing. How moronic stupid imbeciles are those people running those cities? And how do they expect to keep businesses? And then you read stories of, oh, this guy was arrested 32 times for shoplifting. And not once did he have to post bail and go to jail. They're morons.

How do they keep being elected? Oh, the citizens are morons. Oh, and by the way, a couple of these DAs that destroyed their cities, they're now professors at colleges. That should help. The market wrap is brought to you by Investment-Models.com. That's Jim Roarback, one of the great market timers. No gray areas with the man.

You're either in or out of the market with his proprietary indicators. Go check it out. Investment-mottles.com. Well, what do you think happens when Goldman Sachs goes up 9? and a half because they passed the stress test what do you think happens with the Dow if JPMorgan's up 480 because it passed the stress test Dow up 269 but the S&P was up only about a hundred Dow points maybe it'll even less and the NASDAQ was down and the NASDAQ 100 was down financials a very good day on a fake passing of a stress imagine if the Fed came out

and said, none of you passed the stress test. It never happened. It's a fake stress test. It accounts for nothing. Why? Because nobody knows what the hell's going to happen when the storm hits because of the $40 and $50 trillion of debt we're going into and the massive yearly deficits.

As well, it's not, forget that. The amount owed add in Social Security that has to be in Medicare and Medicaid and all that, it's almost laughable. It's almost laughable. That said, very good day for that. And J.P. Morgan, which we have told you, is teasing breaking out. We bought it. We took, I think, a buck loss.

Teasing again, but off of a fake stress test. Nothing changed in their earnings and revenue. a stress test that it was 100% guarantee he passed. It's like me doing the jumbles every morning or the wordle. In case you don't know, I'm the greatest jumble puzzle, whatever, in history. You know in the newspaper they have four of them, six letters. I can literally get all four done in three seconds. No, not kidding.

That's how good I am at that. That was the stress test. So the financials had a very good day. I will scan them tonight and they all have been really, really bad. Really, really bad as far as relative strength. And I can tell you that regionals were up but didn't close at the highs today, though J.P. Morgan did. So we'll see. I'll know a lot more after I scan them.

On top of that, what's on my screen green? Economically sensitive. financials which includes insurance you know it's starting to move above a little range now steel and this one area called metals and mining xm is the etf for that metals and mining what was green again today some of the transports what was green again today machinery construction pullbacks today in the cruise lines line and airlines and some of the real estate stuff, a few other things. But overall, the stuff, much better. Started June 2nd. I got to tell you something. I underestimated it.

On June 2nd, I came out and said they're out of their coma. They've had some pretty good moves from June 2nd. Some, I saw a couple of economically sensitive names up 20,000. percent since June 2nd. Now, we're talking about off or near bare market lows. But, wow, and it was a big volume spike that day, I underestimated it. Oil's a little bit better now. I mentioned the metals mining, but oils are laboring. We have a few that have good relative strength.

Just overall, the economically sensitive areas of the market. damn good. Laboring today was some of the big tech, some of the semiconductors, had a few failed breakouts and software land, stuff like that, but nothing what I would call untoward. And that's that. That's my story. Broad market continues. And I underestimated it.

I bought into it that day. but I underestimated it. It's been a really good move. And if anything changes, we'll let you know. We have a good eye. The young lady emailing me and stalking me doesn't understand the market. Markets like the weather sometimes. Well, not necessarily.

The weather changes every day. The market, once a trend gets in place, we'll go for a while. A GDP came out better than expected. Remember what we said, there's no way we're going into recession if economically sensitive stocks are on the move. Markets smarter than all of us. GDP, better than expected. You know when we'll know we're going into a recession? The market will crap out.

That's how we'll know. Markets a very good forecaster. Really is. and on June 2nd, it woke up to the fact the end of the world is not at hand yet. Yet. So tonight's going to be an interesting scan for me because I've got to look at financials. I don't think I'm going to find much. I want to be able to see the turn has been made.

Like June 2nd when I said, woke up. We'll let you know on that tomorrow. Do not forget Monday, half day in the market. Tuesday is July 4th. We haven't decided if I'm going to travel this weekend yet. The back thing. Up next. This, that, and the other thing or whatever else.

This is the one only investors' 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 it. 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. Yeah. Wow. 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 talk. 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 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 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 IHeartRadio. Listen now wherever you get your podcasts. All right, quick quiz for the hiring managers out there. What's worse? Being understaffed or being poorly staffed? Well, that's a trick question, because both are recipes for chaos. Either way,

just say to yourself, this is a job for indeed sponsored jobs. You'll get matched with candidates that meet the skills, certifications, and everything else you're looking for. Or go a different way and get no traction. Seriously, sponsored jobs posted directly on Indeed are 95% more likely to report a hire than non-sponsored jobs. It really is a no-brainer. Spend less time searching and more time actually interviewing candidates who check all your boxes. Less stress, less time, more results. When you need the right person to cut through the chaos, this is a job for Indeed's sponsored jobs. And listeners of this show will get a $75 sponsored job credit to help your job get the premium status it deserves at

Indeed.com slash podcast. Just go to Indeed.com slash podcast right now. Indeed.com slash podcast. Terms and conditions apply. Need to hire? This is a job for indeed sponsored jobs. You're listening to. What are we waiting for? Well, what are you waiting for? One, two, ready, go. Action! Edge with Gary Culper. And welcome once again to Investors Edge. Thanks for being with us today. Scams.

Scams. I don't remember if I mentioned it to you yesterday. I think I did. But just again, somebody did a scam about manure. Now you should know, well, you get my point. I'm just letting you know I am getting. bombed with the geek squad, bombed with it.

I'm getting bombed with call us, you've been charged for this Amazon thing, and of course I call, and just to see what they have to say, I'm getting tons of these things. Do I have to say know your life? If you didn't get anything on Amazon and you don't have a credit card, do you get where I'm going with this? The reason why these crooks do these scams, because it's obvious they get away with it.

You got that? And I bring it up to you because it remains stunning the stories of people losing hundreds of thousands of dollars. I got an email from somebody in Ukraine, supposedly. That's another new one. Emails from Ukraine. And of course, they're soft selling you on what's happening there and all that. You need to know. Unfortunately, there's just a lot of bad people out there.

And they will take your last buck and leave you destitute. I've told you stories of people that have told me their stories. One woman, $550,000. And then they threatened her to go to the IRS on her. That scared the living wits out of her. These people are vipers. The IRS is never going to email you. You got that?

They're not going to call. They do everything by regular mail. You need to know that. You didn't win the mega millions jackpot if you did not ever enter it. Do I need to tell you this? And if you're getting a phone call and it says the Netherlands on it, it's a scam. I hope you don't mind me telling you this. And I'm not, you know, I know you're all smart.

I can't begin to tell you how many smart and logical people. There have been scams about food diverters. Oh, we buy this here and we sell it there. Cigarette diverting. We bought it in Maine and we sell it in California and our 150% on our money. You just have to ask yourself, why would anybody be so nice to bring you into that? If I had something like that,

I'm not telling you. So just remember, we have to bring this up every now and then, because every now and then we read a story, and we had that manure story yesterday. Boy, oh, boy, people believe that. Was it 11 million or 110 million? I'm not even sure. It was a lot of money.

Guys going to jail. Anyway, back on point. Dow played catch-up today. Help with financials. I noticed Honeywell breaking above a little range today. Visa in the Dow, I do want to let you know, has not broken out to highs of the year just yet. On the verge, though, Visa are one of the greatest bookies of all time. When you have a chance, look at the chart of Visa.

I would love volume to be a lot more today, but we'll see what happens tomorrow. MasterCard will go along with Visa. Both look the same, but Visa has a better growth rate. don't know which would work better, but they usually go hand in hand to a certain extent. In the Dow. J.P. Morgan, in the Dow, a break above 144 in change. Close at 14340.

And man, I was all over this sucker two, three weeks ago. And then they started blasting the financials again. And then the stress test. and we say it's fake because if they're too easy with the stress, it's not a stress test. And due to the fact, this is the same Fed

that oversees the regional banks and we just lost two big ones that totaled more than the losses back in 2008. How do you trust? The same Fed that created inflation didn't see an inflation called the transitory, how do you trust? The same Fed that created inflation.

Fed that printed to $9 trillion, creating massive distortions that created the inflation, how do you trust? We don't. The market trusted them today. And we'll see what happens tomorrow. Lastly, I got to tell you, there was a verdict. The resource officer at the Parkland shooting was found innocent of everything. I don't know the whole mechanics and the machinations of.

what went through and why, but all I can think about is again, those parents. We started saying, go home and hug your children the day of Columbine. That's how long ago we started. We never ended it because we get more emails on that than anything else. I don't know how we live if you lose a child, let alone lose your child that way. And they had to go through two trials recently, one for the death penalty for that creep. and I don't think they gave him the death penalty. I'm not sure.

I got to check on that. And now this. We'll just leave it at that. Until tomorrow, I should be on with Cavuto in the noon hour tomorrow. Fox Business Network. Until tomorrow, you'll have a great evening drive carefully. When you get home, do like we do. It's quite simple.

Make sure you hug your family. Make sure you hug your children. Big shout out to my buddy Jason in Texas. This, love you, bro, you're a great American. Have a great night, everybody. Thanks for joining. Always honored and a privilege that you would listen. Peace out all.

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