Investor's Edge with Gary Kaltbaum - I love LA [06.09.2025]

Episode Date: June 9, 2025

https://garykaltbaum.com/...

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Starting point is 00:00:00 At CVS, it matters that we're not just in your community, but that we're part of it. It matters that we're here for you when you need us, day or night, and we want everyone to feel welcomed and rewarded. It matters that CVS is here to fill your prescriptions and here to fill your craving for a tasty and, yeah, healthy snack. At CBS, we're proud to serve your community, because we believe where you get your medicine matters. So visit us at cbs.com, or just come by store. We can't wait to meet you. Store hours vary by location. Investors 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 Coltbaum,
Starting point is 00:00:48 your host. A thanks of being with us today. Glad you here, ladies and gentlemen, happy that you are listening. How about listening? It's Monday, June 9th. 2005. Hope you're having a good day. Hope you had a good weekend. I spent five and a half hours of my weekend watching the men's final of the French Open, one of the most riveting matches I have seen a very long time. I feel for Janik Sinner having three match points in the fourth set. No doubt tightened up. I think he had three unforce errors, lost the game, then lost the break. and just but kept great play um these two are going to be around for many many years to come and boy that's enjoyable i am heading to wimbledon uh this year uh thursday the third is a half day of the market
Starting point is 00:01:50 i'll be there that day friday's july fourth i'll be there for most of that day and i may do one day before, but I tend to not want to miss full market days, but I'm looking forward because I have not been to Wimbledon now. I was going every year. I didn't go last year. What happened last year? Oh, that's right. I had a grandson on July 5th. It was due. Yeah, it was due. He was due. Reese Daniel Colbaum was due. And I'll be flying back at night, July 4th, directly into Kennedy, for the one-year party on July 5th. So that'll be my week then. Ladies and gentlemen, this is serious talk on everything that affects you, the markets, the economy.
Starting point is 00:02:39 Your job, your industry, debt deficits, doge, three-card Monty, what's going on in Los Angeles. Ladies and gentlemen, I have promised you we will do markets first every day now, and I'm going to do the same again today, but a little later on. my thoughts on Los Angeles without any agenda or any ulterior motive or any bias. I gather you know where I stand, but that will be for later. If you do not get this radio show in your city, we'll post it at garyk.com. We'll also post on our Twitter feed, which is now X. And if you don't follow us on X, you should. I put a great picture of myself and Winston, my daughter.
Starting point is 00:03:28 walking this past weekend. It's a great picture. My wife took it as we were walking down a trail. Go check it out. Okay. So first off, the Dow finished down one. Huh? That's it?
Starting point is 00:03:46 And interesting enough, it actually dropped in like in the last minute, 85 points? No, not kidding. to be down one. The NASDAQ was up 61. The NASDAQ 100 was up 36. They were much better. They came in a little bit at the end of the day also. I didn't see what took the Dow down. It looks like just a little bit of everything today. The S&P was up five. Transports are up 100. And the SOX semiconductors are up 100. But a few things of note. And I hope you shall listen. As we break down sector by sector and maybe some stock by stocks. Number one, the Dow remains the weakest of the big three being the S&P and the NASDAQ. And the reason is, United Health. United Health, simply put, is still down about 2,000 Dow points from just a bunch of weeks ago off of their news that's been going on.
Starting point is 00:04:58 and I don't have an answer. I get a lot of questions on United Health because I believe you're being told what an unbelievable value it is. But I just want you to remember when a stock gets cut in half, like United Health, and it's a well-known company,
Starting point is 00:05:19 it usually is because the institutions know something's up. And what we always tell you about markets fundamentally, stocks fundamentally. If you're in any business to where your margins are contracting, it be a problem. That's usually not necessarily a death knell, but certainly some darn good headwinds for your stock. Margin expansion good, margin contraction, bad. And in the United Health case, as the story goes and just remember, it all really started bubbling up because of that ass clown, Luigi, that people actually sent, do you know, I'm pretty sure I read somewhere that a bunch of morons sent him like between a half million, a million dollars for his defense?
Starting point is 00:06:23 imagine sending money to somebody in cold blood murdered a man in his back, shot him in the back, was a coward. Wasn't even brave enough to stand them straight in the face. Well, he's going to be able to hang out at a six by nine the rest of his life. But back on point, it really started bubbling up when that happened. And the story is that claims for United Health were denied at a much, much, much bigger rate than other companies in the same business. So it's a big look see at the company. And that's what's going on. To what extent we don't know, I do believe that we saw some big insider buying about 30 million bucks worth a few weeks ago by the CEO.
Starting point is 00:07:20 by the CEO and the CFO. I think about $10 below here. It was a new CEO also, but let me repeat. Margin contraction. Thinking of margin contraction, guess what would have happened if President Trump didn't pause the tariffs? Margin contraction for the market, and that's why markets were crumbling.
Starting point is 00:07:47 Just keep that in mind. If I can give you one of the most important fundamental thought processes on markets. It is just that. Margins expand, markets contract. That's all. Case close. That's why inflation is bad for companies.
Starting point is 00:08:09 If a Chipotle has to pay double for avocado for whatever reason, for their guac, either they eat it or they put it on to the customer who may or may not add guac. This is the fundamental story behind everything. With the cars coming from other countries and a 25% tariff on them now, I believe this still is, you catch in the drift. So that's the story with United Health and the Dow.
Starting point is 00:08:44 The S&P and the NASDAQ are pretty much, S&P finished at 6,05, the all-time high 61.47, 2% from the highs. The NASDAQ, 9591, 20,0002, 3%, maybe 3 and a half from the highs. Market is stretched, it's extended. It's a little overbought here. But it's been persistent, even though the Dow was down one, advanced declines on the NYSC,
Starting point is 00:09:25 were 2 to 1 to the positive. On the NASDAQ, 26 to 16. Not bad. Next up, the Russell 2000, as we told you on Friday, broke above this little range of imports and had another decent day. It was better, but still finished at 2146. The breakout was between 2111 and 2115.
Starting point is 00:09:49 As long as it stays above that, good. Break below? Not so good to be watched. Russell 2000. The semiconductors up 98 today was up about 140. The little break above range was about 5,000, so we're about 2.5% above, as long as it stays above good.
Starting point is 00:10:16 A break back below, not so good. Notice we didn't say bad. It would just tuck its head in like a frightened turtle. That's all. The financials acting okay. They were much better earlier today. And they sold them off at the close. I don't see it as a big deal.
Starting point is 00:10:38 And I will tell you this much. If Goldman Sachs can break above 621 and J.P. Morgan break above 269.52. Write those numbers down. A break above that will be another stair step to the upside for those two very very important names and the strongest one is Bank of New York. BK is the symbol a move above 90.63. That would take that to the yearly high. Up next, what else we're seeing? What else we're seeing? Thanks for being here. I'm Gary. This is the one only Investor's Edge. Hi, I'm Gary Calbaum, hosted a nationally syndicated radio show Investors Edge. We're not just handsome radio people. We
Starting point is 00:11:43 manage investors money for a living, specializing in fee-based discretionary money management. No big commissions, just a fee on the assets that's managed. We also provide a full range of personalized 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 888-4-2-5-59. That's 888-4-2-5-5-9. That's 888-4-5-9. That's 888 4-2-4-2-2-5-9. Investment. Investment
Starting point is 00:12:32 Service 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 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,
Starting point is 00:13:21 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. Here's a quick podcast for all you true crime fans. The case of the missing Reese's.
Starting point is 00:13:55 It was me at the store with my mouth. Motive? Um, they're Reese's. What was that going to do? Stop myself. Tune in next time to see if I do it again. Spoiler, I will. Wow.
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Starting point is 00:14:57 Investors Edge. The last bastion of quality programming. With Gary Coltbaum. It doesn't get better than this. Welcome once again to Investors Edge. Thanks for being with us today. Ooh, Sly Stone passes away at 82. He was from Sly and the Family Stone.
Starting point is 00:15:27 They were big time many years ago. I believe a late 60s, early 70s. And he dressed good, I must have to say. 82. By the way, my father's going to be 94 October 20th. 94. You know what he says to me now? Gary, my brain is 100%.
Starting point is 00:15:53 My body's like 10. And that's what's been going on. He's totally with it. has his faculties, the whole works, everything. But the body, just rough go. He has a walker and before he can do it by himself. But now when I'm there, he says I'm holding on to him as he's walking. That's what, 94.
Starting point is 00:16:27 I have to tell you, and I'm sure you've, a lot of you have felt the same way. I've never felt more important than taking care of my mom before she passed and now my dad. I never felt more important. Life moves on. And the market moves on. And the radio show moves on. What else we want to tell you? Just things sticking out, Bitcoin, back above.
Starting point is 00:17:00 And we don't like getting too technical here, but back above an area of support. that it broke on Thursday and got right back above, which poses the question, Gary, when you say a break of support, shouldn't that be important? Well, what do we tell you about breakouts to the upside? They have to stick. They have to stick. So if a stock keeps bumping up against $100 to the upside but can't get through. And then all of a sudden, boom, jumps up and it goes to 103. and then four days later, right back below 100. Well, that's a failed breakout. Well, there's also failed breakdowns. In the case of Bitcoin, it broke below a certain moving average. That's pretty important on Thursday. By the way, with volume, and now has been completely ignored and is right back above.
Starting point is 00:17:58 And now it's back in what we call range bound going back to December. It closed at 8566. I'm using the GBT, that's an ETF, and it was 8611 in December. We'll let you know if there's continuation. I'll give you another one, Palantir. On Thursday, got smoked. On heavy volume broke that same moving average. On Friday, got a little bit back above,
Starting point is 00:18:29 and today was up another 3%. A failed breakdown. And of course, in Whippy Mark, In crazy markets, they can break it down, break it back up, break it down, break it back up, and drive you up a wall. Welcome to my world sometimes. What else? Well, I wrote these things down early. Insurance stocks.
Starting point is 00:18:59 Don't know why. A lot of them breaking down here. Just a lot of them breaking down. I noticed progressive insurance. Let's call in topping out. Aon, topping out, that's really breaking down. So a lot of the insurance, and we'd be wary of that at this juncture. I also noticed some weird things like a downgrade of a stock like Intuitive Surgical
Starting point is 00:19:31 and drops 50 bucks. Finished only down 31, but that's still a lot on just downgrades. Saw the hospital stocks break down today. They really smack the hell out of those today. But not enough out there that's a big deal. On the other end, whatever's going on with platinum, uranium, and all that crap, they've been going vertical. There is talk of it's going to be needed for this, that, and the other thing.
Starting point is 00:20:06 So if you have a chance, go look at PPLT. physical platinum bullion vertical the last four days and they gap them every day up or down don't know why I know what I hear we'll see
Starting point is 00:20:25 next we're just going a little back and forth Apple we still believe it's an avoid we still believe it's in a bearish phase can't even get above the 50 day and you know what they had today they had this confab today talking about all the things they're going to be doing going forward and it was sold off on volume. So I don't know if there was expectations of Apple or not
Starting point is 00:20:50 that they were going to come out with something or say something. Whatever it is, the market gave it the certain finger. You know that finger. It's not a good finger. And then there's some weird action today. Just so you know, what's seeped into the market, late last week where a few names, the expectations were that these names would be added to the S&P 500. And when they weren't, the stocks got kind of kicked in the teeth today.
Starting point is 00:21:25 Symbol APP was down 34 bucks. For instance, D-U-O-L, Duolingo, down 15. It was down 20. And there were a few others. and they just opened up bad, bounced, sold off later in the day. Beats the hell out of me. The emerging markets ETF, right at new yearly highs. China, a little bit better.
Starting point is 00:22:02 In fact, tracing out what I would call okay. But for me, back on the semis, really nice day. Though NVIDE at the end of the day, which was up three in change, they tucked that in. And NVIDIA remains in, it's almost a one-year range, with a couple of highs above the range in November and in January. No gains on NVIDIA since last June. And still down about 7% from the highs in November and January. decelerating earnings decelerating sales do not forget that
Starting point is 00:22:55 but overall the AI trade has been back on to what extent we don't know that was after crashing from January off of that deep seek thing of a bob you remember that right
Starting point is 00:23:12 remember them when they told you don't worry everything's okay for a few days and then it crashed and they kept telling you everything would be okay and it kept going down. Some names down 50 and 60%. There are some names that have come back all the way, but there's still plenty that are way, way down.
Starting point is 00:23:34 Watch the market, kids, not opinion. Up next, we'll stick with the markets, and then I have lots to say on other stuff. I'm Gary. This is the one only investor's egg. 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.
Starting point is 00:24:21 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. 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 00:24:41 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 CVN. pharmacy and IHeartRadio. Listen now wherever you get your podcasts. Here's a quick podcast for all you true crime fans. The case of the missing Reese's. It was me at the store with my mouth. Motive?
Starting point is 00:25:13 Um, they're reases. What was I going to do? Stop myself. Tune in next time to see if I do it again. Spoiler, I will. Wow. That had everything. Reese's suspense, Reese's.
Starting point is 00:25:31 Cash flow 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. Get funded quickly and confidently. Apply today at ondeck.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. OnDak does not lend in North Dakota. All loans and amount subject to lender approval. You're listening to. America is talking.
Starting point is 00:26:10 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. And what once again to Investors Edge? Just letting you know, it's not often I buy restaurants. on stocks. But just letting you know, and we're not telling you to buy them, sell them,
Starting point is 00:26:51 short them or cover them. B.J.'s restaurants broke out a few weeks ago and still hanging up there. Really no sales growth, but's had a good move. Cheesecake Factory, really not a lot of big sales growth. Matter of fact, low single digits. at a new yearly high. New yearly high. It is not back to its high of April of 21, though. I believe that was the all-time high. And to put it in perspective, no, I don't need to go.
Starting point is 00:27:41 2017, it's trading where it traded in 2017. If I got my bearings correct. Yeah. Still 10% below 2017. when you have no growth. And by the way, the bang, bang chicken and shrimp is so damn good there. Darden, New Yearly High. Brinker International, getting close again to New Yearly High after having a big run last year.
Starting point is 00:28:24 Shake Shack, not at the New Yearly High, but it's been coming on. Texas Roadhouse and Wing Stop, really good recovery after being trashed. So just letting you know what's ever going on in the restaurant world, there's some things that are acting pretty decent. For the many that have said, the economy's gone in the crapper, I can pretty much almost guarantee you if we ever are in recession or going. into recession, these stocks will be much lower by the time we find out. I want you to remember that. Mui importante, I've said it time and time and time again. The market is the greatest microscope of what's to come. And all this talk about recessions and depressions, ain't happening.
Starting point is 00:29:39 I believe we'd have a deep recession if he didn't pause the tariffs. The market knew it. But as of now, now, we'll let you know. And by the way, that doesn't mean certain areas the economy are in trouble. There is. And that doesn't mean there's some long-term issues. There is. We already know about how much debt there is with the consumer,
Starting point is 00:30:08 But also, the consumer is flushed with assets and the job market is still in decent shape. Those are the little restaurants for you. And of course, the banks are better and the semiconductors better. Those still way off highs. Well, not way off, but off enough. So in case you're thinking, end of world, no. And what you do need to know, there are. people out there that just sell that crap. You know the names that are calling for crashes and
Starting point is 00:30:48 smashes and recessions and depressions. Hey, the head of the JP Morgan's coming out and said the bond market's going to hell in a handbasket. Well, I can promise you if the bond market goes into hell in a handbasket, the market's going to be a lot lower. But you know what? That hasn't happened. So we're not there yet. In the news, first things first, I don't like this. President Trump saying for every U.S. citizen born after December 31st, 2024, and before January 1st, 2009, the federal government make a one-time contribution of $1,000 into a tax-deferred account that will track the overall stock market. Why doesn't Gary like that? Because the president says the federal government will make a one-time contribution. No.
Starting point is 00:31:46 The taxpayer is contributing. And there is already tax credits. There's already tax credits that parents get for children. We're running $2 trillion deficits. The big beautiful bill guarantees more than $2 trillion deficits going further and farther out. And what does he do? he's going to hand out a thousand bucks to newborns on top of all that from us. And it's all going to be debt.
Starting point is 00:32:23 I don't like this. I know. Sounds like this nice idea and everything. The forefathers are turning over in their graves of all the decision-making and interference and rules and regulations and fees and fines and mandates and taxes and giveaway. And this is just another giveaway. And may I state for the record, all you peeps that say, oh, what a great thing because you love Trump, if it was Biden doing the same thing, you'd be wee-wing all over them.
Starting point is 00:33:15 Right? Politics, ladies and gentlemen. Politics. The Sunday shows. Just a bunch of lion sacks. both sides of the aisle. I saw Corey Booker, what is he from New Jersey? He's all worried about the big, beautiful bill because of its debt.
Starting point is 00:33:38 Do you think Cory Booker said a freaking thing about debt and deficits under Joe Biden? Not a freaking thing. These guys are such bull crap artists, every single one of them. It's all my party. They don't give a crap about you or I. We're just nobodies. unless it's about six months towards an election, then they kiss our arses. Cory Booker, oh, the debt and deficits.
Starting point is 00:34:07 Joe Biden said every frickin' track record took every championship belt on debt deficit spending and giveaways by miles. But unfortunately, Trump's going to beat them too. And then you had the Speaker of the House who said Congress is serious about addressing the debt situation. He said everyone here wants to reduce spending and return to kiss off. Aren't you sick of these people? Aren't you sick of them? This new big, beautiful bill is nothing but a debt-lating, massive spending concoction. What a word concoction, huh?
Starting point is 00:35:00 That's all it is. Wrapped around making the tax cuts per cent. permanent. They've had every opportunity to do something about the size of government, and all they're doing is lying to each and every one of you as they get on TV. And the amazing thing, not one journalist, so easy to say and ask, what's the debt going to be next year? No, no, no, we don't want to hear about that. What's the debt going to be next year? And what's the year after? And what's the year after? They had the OMB guy on, oh, we're going to cut 1.6 trillion over 10 years. But you know what the journalist didn't do? But you're raising debt $22 trillion and then cutting $1.6 trillion. They didn't do it. You know why?
Starting point is 00:35:54 These journalists do not prepare or they just lie. They're in the tank. So just another nightmarish bill that's going to send us into $50 trillion of debt, if not more. and again, I repeat the same thing I've been saying for a very long time. Let us hope the bond market never wakes up and seize the debt and say, holy crap, and sells off like you wouldn't believe, and you'll see 10% mortgages, and then watch what happens to markets of all kinds.
Starting point is 00:36:32 They're taunting you, they're taunting the economy, and they're taunting markets, and they don't care. Rand Paul cares, Johnson cares, they're in the minority. Up next, what else we got for you? This is the one only investors egg. 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.
Starting point is 00:37:20 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, 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
Starting point is 00:37:59 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. Reese's peanut buttercups, they go perfectly with music, podcasts, and welcome back to the show. Even nature sounds. Oh, and the thing where someone crinkles tissue and whispers at you. Hello.
Starting point is 00:38:34 Look, I'm not here to judge what you listen to. I'm here to judge you for not eating Reese's while you listen to it. Reeses. Ashley, go back to the nature sounds. Nice. Yeah, that's really nice. Cashflow crunch. On Deck's small business line of credit gives your business immediate access to funds,
Starting point is 00:38:54 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, get 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 an amount subject to lender approval. You're listening to. What are we waiting for?
Starting point is 00:39:24 Well, what are you waiting for? One, two, ready. And welcome once again to Investors Edge. If you notice on the markets, I have not been able to come on this show too often recently and say this is breaking down and that's breaking down. And just so you know, under no uncertain terms, when we tell you things are breaking down, they usually are. So just letting you know
Starting point is 00:40:25 Because right now we're telling you Oh the semiconductors broke above Oh the small caps broke above If you start hearing from us Oh the semiconductors broke below Catch the drift We're just guiding you through We're hoping you work at it
Starting point is 00:40:51 We're hoping you stay on top of it I know the things you hear about always stay invested, this, that, and the other thing, and you can't time the market. Well, we've been doing it for you. Live, I'd like to say in color, but we're not on TV. But we will shall be doing that real soon. We did say some insurance stocks are breaking down. That's not going to kill the market.
Starting point is 00:41:29 I can tell you the auto parts retail look like they're breaking down. That's not going to kill the market. The hospital stocks got trashed today. That's not going to kill the market. We'll let you know if they start killing the market right now in decent stead. We actually believe the only thing that could kill this market. This second is if you know who decides to undo the pause and go back to those crazy tariffs. And I heard one conservative today talk about how, oh, the tariffs are going to bring in all this money.
Starting point is 00:42:06 And I just wanted to throw something through the TV. Because all it is is a tax hike. The money comes from us. Business and the consumer. So are you telling me now that the Republicans are just a bunch of tax hikers? Please stop. What does Los Angeles have to do with you and your money? Are you watching Los Angeles?
Starting point is 00:42:40 Are you seeing how bad the governor of California is and the mayor of Los Angeles is? By the way, Karen Bass, she's a left of Marxist, and she's running L.A. Here's the amazing part about it. You have video evidence of rioting, video evidence of destruction. You have video evidence of police being attacked, and you have interviews with the governor and the mayor that it's peaceful and it only turned bad
Starting point is 00:43:24 when President Trump doing what you're supposed to do as a president of a country and that's protect the citizens sent in the National Guard two moronic lying sacks of crap it's amazing to watch
Starting point is 00:43:47 I still remember the BLM riots watching a couple adults on CNN looking straight into the camera while things were burning behind them saying things are peaceful you need to remember
Starting point is 00:44:06 these people do not care about you these journalists don't care about you they are advocates to defend their side their peeps so a bunch of L.A. is burning now there is talk
Starting point is 00:44:23 that they're going to try and shut down LAX. And they're blaming Trump, who's all he's trying to do is what he's trying to do and what he's supposed to do. Defend the citizens. Yet the mayor of the city, uh-uh. The governor of the state. Uh-uh. What does that have to do with you and your money? Well, let's see. One of the biggest ports in the country is Los Angeles. Oh, that's right. How many people live in L.A.? Oh, go look, a lot.
Starting point is 00:45:05 How many planes fly through L.A.X? Oh, a ton. Both domestically and internationally. And what if they spread to other cities? You know it has already. These are anarchists. These are haters of this country.
Starting point is 00:45:30 and they're being coddled while they destroy the city and merchandise and structures. They should impeach the mayor immediately. They should impeach the governor immediately. I don't even know he can do that. I know that he can do recalls. And get two people in that care about the law. lawful citizens that could not even walk in those streets without being hurt or burned. Could not drive through those streets without being attacked.
Starting point is 00:46:33 But they blame Trump for doing his job. Two people that suck. By the way, he'll be at the top of the list in 2008. running for president, this miserable failure of a man that blames everything on others. And this mayor of L.A., wouldn't let him run a lemonade stand. That all said on that happy note, you have a great evening drive carefully. When you get home, do like we do quite simple. Make sure you hug your family.
Starting point is 00:47:22 Make sure you hug your children. They will feel better. You will feel better. I promise they will be well. Thanks for joining. Until tomorrow. Peace out all. Good night. This has been Investor's Edge with Gary Cult Bomb on BizTalk. To listen to past episodes or to get in contact with Gary, go to GaryK.com.
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