Investor's Edge with Gary Kaltbaum - OVERRATED FED [09.16.2025]

Episode Date: September 17, 2025

https://garykaltbaum.com/...

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Starting point is 00:00:00 Hey, it's Ryan Seacrest for Albertsons and Safeway. It's stockup savings time now through March 31st. Spring in for store-wide deals and earn four times of points. Look for in-store tags to earn on eligible items from Celsius, Body Armor, ORAIDA, Silk, Capri-Sun, Bavarian Meats, and Charmin. Then clip the offer in the app for automatic event-long savings. Stack up those rewards to save even more. Enjoy savings on top of savings when you shop in-store or online for easy drive-up and go pick-up
Starting point is 00:00:27 or delivery. Restrictions apply. See website for full terms and conditions. Investor's Edge with Gary Cultbaum. 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, your host day.
Starting point is 00:00:47 Thanks for being with us today. Glad you here, ladies and gentlemen, happy that you are listening. It is September 16th, 2025. 14 days till I turn. I don't even know how to say this, 65. Those that know me, I'm pretty much like 21, and I look 35, and I'm in shape, big time. My recommendation to each and every one of you,
Starting point is 00:01:19 don't let age get you, and you know what to do. You know, the one thing we can take care of is our body. We can do anything we want with it if we apply ourselves. I just wanted to say that at the outset because just so you know, I follow this guy. I'll introduce myself in a second. Go get the book by David Goggins. I mean, it's just inspirational guy.
Starting point is 00:01:43 Time is the one thing we cannot get back. It's also the thing we waste the most of. We give it to the wrong people. We dedicate it to the wrong problems and we damn sure don't give enough to ourselves. Stop wasting time. Stay hard. How about that for a quote?
Starting point is 00:01:58 I already did eight sets of back, eight sets of tries today. I'll be going to the gym and doing 20 sets of legs, squats, and leg extensions. I ain't screwing around kids. And you know what I may do? I may do some sort of like Instagram channel or something like that where I'm teaching. I know everything about it. I was discussing that with my wife today. Do I have enough time in the day to do?
Starting point is 00:02:28 that and she said she'll help me out just look at video the workouts put it up there and it i just see people in their 30s and 40s just not taken care of themselves and they're to blame but you know who else to blame is go check out the menus at these restaurants and go look at the calories at some of the crap they serve you dang Dang, go Google how many calories one hour of walking burns and then look at some of the things they're serving you at some of these restaurants. Yeah, I got to walk for about 27 hours and 13 minutes. Anyway, just wanted to start with that because I was just thinking I'm two weeks away from I'm 65. I'm on Medicare now, which, by the way, is saving me a hell of a lot of money.
Starting point is 00:03:33 Yay. My good buddy, Mario Bick, you should check him out. Go put up Mario Bick insurance out of South Florida. He does business throughout the country. Boy, he set me up beautifully with the Medicare, because frankly, I understand half of it. Anyway, I'm Gary Kallbaum. This is Investor's Edge. serious talk on everything affects you.
Starting point is 00:03:58 We'll do the markets. We'll do the economy. We'll do jobs. Your job, your industry, everything that affects you. Wait to hear what the House passed today. No, not your house, but the House of Representatives led by the Republicans. Wait to hear what they did today because they don't care about you. Gary, how dare you say that?
Starting point is 00:04:22 And 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 X feed. And if you don't follow us, and actually should. Also at Biz TV YouTube channel, that's B-I-Z-TV channel. And by the way, throughout the years, we know the real world.
Starting point is 00:04:40 We know what's been going on. A lot of stations that we've been on of turning to ESPN or religious or whatever. If we are not in your city anymore, we post the show at garyk.com, and we are in the midst of discussions of how do I put this? We've done this on a shoe string.
Starting point is 00:05:05 I feel like we still use Dixie cups and strings. We're going to do some elevation because we deserve to elevate ourselves. And that's on us. And you know where we've learned that from? Watching everybody else. Good-looking studios, good-looking lighting, and all that crap.
Starting point is 00:05:27 So we're going to We've been in discussions and I think we're going to do some fast tracking of it. We'll let you know. But the most important part of the equation, if we are not in your city, if a station goes away. Gary K.com There every day, biz talk radio, YouTube channel, Biz TV, B-I-Z TV. And that is that. where do I want to start today?
Starting point is 00:05:58 I need some help. I have a question for you very smart realtors out there. You ready? If you go to buy a house and you go into the house and they have these, oh gosh, air fresheners in every room, and I mean it is stinking up the joint to the point where you got to walk out because your eyes are almost burning.
Starting point is 00:06:30 And then you say to the realtor, what is that smell? Why do they have those things in there? And the realtor says to you, I don't smell anything. And you think it to yourself, this realtor would be a great politician. Would that be a red flag that they are hiding something like mold or mildew or, I don't know, leaking, water damage? Any realtors out there, please email me. I'd just like to know what you think. Go to gharicay.com, email me or g-callbom at callbomb.com.
Starting point is 00:07:09 I'm interested from you genius realtors out there to hear what you have to say, should I worry if I was buying a house? Now, I know there's inspectors. You do inspections when you buy a house, but could they miss the mold if there is? I'm a big believer What's the line? If it looks like crap, smells like crap
Starting point is 00:07:32 Feels like crap Boy, I'm so glad I didn't step in it You get the point All right, so just wanted to start with that That is the realtor part of Today Robert Redford died Has nothing to do with you
Starting point is 00:07:50 And your markets But I just want to let you know Robert Redford died Let me tell you that a big time, big time environmentalists. I never heard him preach like some of these other adults out there. And just a movie star is movie star, 89 years old. And I believe he did the Sundance thing every year,
Starting point is 00:08:21 and was in Utah, Colorado or something. Anyway, just wanted to bring that up. Next, I'm just circling. Tomorrow is the Central Bank, our Central Bank, that is in meetings today. They're probably around the big table playing paper football. Then they are playing Galaga Space Invaders. And my favorite Ms. Pac-Man, by the way, I was a great Ms. Pac-Man player. I was the king of Ms. Pac-Man.
Starting point is 00:08:54 And I haven't played in a very long time, and I should. They're going to make a move tomorrow, and I want to explain it to you because we don't believe it gets explained to you very well. So, number one, there is something called the bond market. What that is are governments, companies, municipalities, whatever, they float. bonds, that means they are asking you to lend them money in order to do their business. When you're dealing with municipalities, they are tax-free. In other words, the yield will be lower, but tax-free, you don't pay taxes on it. When you buy a government bond, a one-year, two-year, five-year, ten-year, 30-year, you pay taxes on that. Same with companies. You pay taxes on it.
Starting point is 00:09:54 And the reason why a yield is higher than other yields is because of risk factors. In other words, and they have these rating services, you know, the rating services that let us down in 08. Well, they go out there and say, well, this company is not doing so well, and we're only going to rate it a B, not an A. So their bond is going to go out at 6% versus somebody that would go out at 4%. So to account for the risk, you get 6% on your money versus a company that really doesn't have a lot of risk, 4%. But don't get me wrong, I made a ton of money on sprint bonds years ago and they were risky, but I thought, hey, they're going to be bought out. Eventually, I was getting 6, 7% for a long while. So that is the free bond market.
Starting point is 00:10:48 And these bonds trade freely. they go up and down in price, not like stocks, because they're income, but they'll move up and down. Up next. Then we'll take on the Fed. 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.
Starting point is 00:11:45 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 complementary portfolio review. The number to call is 888-4-22-55-9. That's 8-8-8-8-4-2-5-9. That's 888-4-2-4-2-2-5-9. Investment Advisory Services offered through call-bomb capital management.
Starting point is 00:12:35 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.
Starting point is 00:12:59 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.
Starting point is 00:13:27 We say, you can leverage what we did. We're happy to bring out all our learnings, including what needs to change in the process, because the biggest change is not technology, is getting people to accept that there's a different way to do things. To listen to the full conversation, visit IBM.com slash smart talks.
Starting point is 00:13:46 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 CBS 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 CVS.com or just come. by our store. We can't wait to meet you. Store hours vary by location. Hey, it's Ryan Sechrest for Albertsons and Safeway. It's stock up savings time now through March 31st. Spring in for store-wide deals
Starting point is 00:14:34 and earn four times of points. Look for in-store tags to earn on eligible items from Celsius, body armor, or aida, silk, Capri-San, Bavarian Meets, and Charmin. Then clip the offer in the app for automatic event-long savings. Stack up those rewards to save even more. Enjoy savings on top of savings when you shop in store or online for easy drive up and go pick up or delivery. Restrictions apply. See website for full terms and conditions. It's time to switch on the integrator units and get the brain cells working. You're listening to.
Starting point is 00:15:06 Hey, this promises to be fun. Investors Edge. The last bastion of quality programming. With Gary Coltbaum. It doesn't get better than this. Okay. So you got this government bond market. And the yields will move up and down based on price.
Starting point is 00:15:30 So if price moves up, yields go down. If price goes down, yields goes up. You do get that. I don't think I have to explain that. And why would yields go up? Well, in times of inflation, something like that. Why would yields go down? Recession, weakening of the currency.
Starting point is 00:15:58 But what normally happens is yield stay kind of stable. They go up, they go down. But unfortunately, throughout the years we got these. All right, let me be diplomatic today. Interlopers. People that thought they were God and decided to play God with the free markets under the guise of, oh, it's an emergency. You remember 08?
Starting point is 00:16:25 08 was caused by the central bank. It was caused by the central bank because they kept money too easy. And if you keep money too easy, it tends to create bubbles and housing bubbles. And you know what housing bubbles did. They blew up and things came down. And Ben Bernanke started printing money. Then Janet Yellen came in. I don't remember what the hell she did because she was comatose.
Starting point is 00:16:53 And then you get Jay Powell that came. in and printed like crazy because of COVID and then went to zero percent rates, which caused mortgage rates to go to hardly anything. You remember those 3% mortgages? So he interfered with the free market. Let me explain how they interfered. Now, I'm not making this up. This is really what happened.
Starting point is 00:17:18 And amazingly, it was allowed to happen. I want you to think about this. One man had the ability to print out. of thin air up to nine trillion bucks. Well, that's where he stopped. He could have gone further. Now, he didn't print nine trillion. I think he printed about five. We were already at four. He took that money. Now, make sure you understand. It was conjured up money out of thin air. No, really? It was conjured up money out of thin air and he was allowed to do it? How many times was I doing the show and I would say to you,
Starting point is 00:18:01 when did we get to the point with the head of the central bank as the most powerful man on earth that can print up to $9 trillion bucks and then guess what he did? He took all that money and bought the living hell out of the bond market. And if you buy the living hell out of the bond market with trillions of dollars, what does it do to yields? Well, it took yields down on the long gap. What's the long end?
Starting point is 00:18:28 Well, 30, 20, 10, 5. 2, 1. He rigged the free market, which caused all the distortions and caused the inflation. How do we know cause the inflation? Definition of inflation, the outcome, too much money chasing two few hands.
Starting point is 00:18:48 But what is he doing tomorrow? He's not doing anything with the free market. he's doing something with something called the Fed Funds Rates, which has a lot to do with what banks charge to each other, lent to each other, and also has a bunch to do with money markets. So you in the money markets, you're going to get less, as he's going to lower that rate tomorrow.
Starting point is 00:19:11 From 4 and a quarter down to 4. And there's usually a dash next to it. So it'll be 4.5-4-5 to 4-4-4-4. he's going to lower it. What does that do for you? Is it going to create a job? Hell no. Is it going to spur on the economy?
Starting point is 00:19:31 Hell no. When the president says the economy would be much better if he would lower rates, the president's not telling the truth. Why? Because lowering rates, a quarter point or half point is going to do nothing for the economy. That's all. Now, the president's been calling for him to rig the market. market again. Take it all the way down to 1%. Well, what will that do? Well, the president doesn't know
Starting point is 00:20:01 this, but it will create the inflation, big inflation again, and then all hell's going to break loose because the president does not know. He's wrong. So we're just letting you know he's going to affect the short-term rates tomorrow, which by the way the stock market has reacted to. and why does the stock market react to the Fed easing monetary policy? Because easy money creates the juice is flowing. And the easier the money, the more the juice. And you know what happened when he printed to $9 trillion and kept rates at zero. He ended up with GameStop and AMC and all kinds of crazy.
Starting point is 00:20:48 And the inflation. and when the inflation started coming down, when did that start coming down, when he stopped printing? So we're letting you know, in spite of what the president says or anybody else, all he's going to do is going to affect the short-term rates tomorrow, could juice the market more, but I think some of it's already baked in the cake, and we'll watch the free market. The good news is the 10-year yield has dropped from 4-3 down to almost 4.0. It's 4.02 right now in the last couple of weeks. That's good news.
Starting point is 00:21:33 It lowers your mortgages. It lowers the loan rates. It lowers the cost of capital for companies wanting to put out bonds to grow their business. I'm in hopes he doesn't go a half point. I don't think he needs to. I told you that I was running the central bank, I would have already been three and three quarters for. So if he wanted to cut a half, that's fine.
Starting point is 00:22:05 I would not go any further than that, and here's why. Because the market says so. I am a big believer that the Fed should be a quarter to a half point below the 10-year yield. So maybe he can go three and a half. I don't know if he'd go further than that. And what could be the negative outcome if he goes too far again? Did you like that inflation? You tell me.
Starting point is 00:22:33 How was that inflation? Good for you? Oh, and by the way, do you see what's going on with the food? I saw the Democrats blame Trump on the food inflation. No! It's not Trump's fault. Coffee's going up. other things are going up.
Starting point is 00:22:58 Well, I have to say coffee may be Trump because of the tariffs. But anyway, just want to explain the Fed. I have no clue how the market reacts to it. The market, I believe, has already front-run it to a certain extent. And tomorrow's another day. I hate the fact that this Dolt not only runs the central bank, but then he's going to do a press conference afterwards where he's, He turns into Ralph Cramden and goes,
Starting point is 00:23:27 Humana, Humana, Humana, Humana. That'll be tomorrow, yay. Up next, today, the market. This is the one-only investor's edge. 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,
Starting point is 00:24:11 how can companies use AI to its fullest potential to create smarter business? My one advice to that. 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.
Starting point is 00:24:38 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 talks.
Starting point is 00:25:13 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 CBS 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 cvs.com or just come by our store. We can't wait to meet you. Store hours vary by location. Hey, it's Ryan Seacrest for Albertsons and Safeway. It's stock up savings time now through March 31st.
Starting point is 00:25:59 Spring in for store-wide deals and earn four times of points. Look for in-store tags to earn on eligible items from Celsius, body armor, ORAIDA, Silk, Capri-Sun, Bavarian Meets, and Charmin. Then clip the offer in the app for automatic event-long savings. Stack up those rewards to save even more. Enjoy savings on top of savings when you shop in-store or online for easy drive-up and go pick up or delivery. Restrictions apply.
Starting point is 00:26:22 website for full terms and conditions. We're listening to. America is talking. Investors Edge. He's got to be pleased with that. The crowd is just on his feet here. He's a Cinderella boy. With Gary Colbomb.
Starting point is 00:26:43 It comes highly recommended. You're going to feel better if you talk to him. And what once again to Investors Edge? So, remember we said yesterday the VIX, the volatility index was up and maybe that portends a pullback of some sort? Dow was down 125 today. Whoopi-doo. Weakness in the Dow. Eh, nothing bad.
Starting point is 00:27:19 Oh, United Health was down $8. I said yesterday that health care kind of really bearish, most health care, and I think they're starting to get those managed care again. That's United Health. Travelers down four. We mentioned insurance was weak. Microsoft was down six today.
Starting point is 00:27:37 That didn't help. S&P down, measly 8, NASDAQ 14, NASDAQ 100, down 19, but Tesla up 12, meta up 14. You know, no harm there whatsoever. Oil prices were up. The yield came down a little bit today. Bitcoin bounced a little bit. Advanced declines were flat, so no biggie. If we get a little pullback here, no big deal.
Starting point is 00:28:11 Some China names again strong, and I have to tell you, I wonder if we're at the point where if anybody announces AI just goes up. So Baidu has been very weak, reports very bad earnings, China name, but they announced an AI chip and the stock has gone vertical. The same with Alibaba that reported 9% drop in earnings. They announce an AI chip, it's gone vertical. But I'm noticing at the same time, Invidia, a little bit on the weak side. side. So I'm wondering, I want you to think about this.
Starting point is 00:28:41 Nvidia. Four point something trillion dollar market cap dominates its field. But we're just hearing all kinds of announcements of other AI chips. The biggest trouble in markets comes from when you own the world and you start losing the world. In other words, you have 100% market share, and I'm just using 100, but it's not 100, and then you start losing it. The market starts reflecting it. So I'm going to be watching that closely because leave no doubt there are others out there that are going after NVIDIA.
Starting point is 00:29:28 Right now the stock is trading at the 50-day moving average, did not act great on its earnings report. It is by no means in any type of bearish phase or bare market. just whenever we I just announced two Chinese companies that have their own little AI chip. I'm always trying to think a step ahead.
Starting point is 00:29:57 At least I try. What else today stood out? Not much else. Semis were up. The transports bounced a little bit but the rails and truckers have been yuck. Oil's had a pretty good day.
Starting point is 00:30:13 actually subtly notice the big word and by the way subtle as SUB T-L-E subtly subtly oils are
Starting point is 00:30:28 getting a little bit on the sneaky side. There really is no leadership. There's a few names that are strong but not big leadership but I'm going to be watching them. What else stuck out today? Oh
Starting point is 00:30:43 what have we been telling you about initial public offerings be careful of the hot opens right and all that is is taking information from the market at any given point in time and being in recognition of it so we've been telling you they've been open these IPOs too hot they've been crushing them well today's Tuesday so Friday, Gemini Space Station, that's the name, but it's not a space station. You ever hear the Winklevoss twins? These are two men that were, they took Mark Zuckerberg to trial for stealing from him when Facebook first came public. And I guess they settled for not a lot, but they got involved with crypto in a big way, and they're billionaires now.
Starting point is 00:31:40 God bless them. They started a company. that loses crap loads of money. It's one of these digital asset exchanges. All I can tell you is they opened it on Friday. Let's see. It was basically 46 bucks right at the open. It's 28. And is trading it 30 times sales and loses a ton.
Starting point is 00:32:14 That is not a rub on the company. It's a rub on the stock and its valuation. And just another initial public offering getting absolute trashed after a hot open. And I have about, I've put them all on one little screen. I have about 20 names that they opened up ridiculously and have been absolutely trashed. Remember that one bullish, somebody had the nerve to name a company bullish. They opened it. It was a $37 deal had it at $1.30.
Starting point is 00:32:48 on day one. $51 bucks today. How about chime? Chime. $27. I had it at $45 bucks.
Starting point is 00:33:04 First day. $22.99. So everybody that is in the stock is losing money. Now it's at a new yearly low and below the IPO price. Oh, by the way, they lose a crap load of money.
Starting point is 00:33:20 Oh, and it's a another one of these fintech fee-free mobile banking like there's no mobile banking companies out there. Again, we are not ripping on them. We're just like telling you the way it is. And I found, what is
Starting point is 00:33:34 this other one? Oh, heartflip. This one's not so bad. We'll leave this one alone. 37 down to 31. That's not that bad. Well, that's about 17%. Anyway, you get my point. But the other point is 10 years from now, some of these are going to be 10 baggers.
Starting point is 00:33:58 So we'll keep a darn good watch on them. Some of the greatest stocks 10 years from now will be from IPOs. How about Voyager Tech? $31 deal, first day was at 74. We're not making this up. 74 bucks in June. It's 28 today. Oh, and they lose a ton of money
Starting point is 00:34:22 and it still has a $1.6 billion market cap with about $120 billion in sales which ain't that, not that bad. But point taken, right? And again, when we keep doing this, it is because we take the information on what the market's giving. And you should know by now that they're opening up the initial public offerings too hot and people are getting crushed and we don't want you to be crushed. so we'll keep telling you about it. How about MNTN?
Starting point is 00:34:54 Transform connected TV into next generation marketing channel and loses a bunch of money. They had that up to 32. It's now 20. What is that? About 35% drop. That's a lot of cake. We don't want you losing cake.
Starting point is 00:35:17 I'll finish up with fig because they had that up to 1, 10, 20, 142 it's 53 Figma is that name and it has a 26 billion market cap with less than a billion in sales
Starting point is 00:35:36 even at this price oh there's going to be some big drops the next bare market ladies and gentlemen you all better be ready when I tell you the market's topped right you will be ready right and you remember you will remember that the average
Starting point is 00:35:57 leading stock will drop 70% in bare markets, right? And you do realize right now nobody is saying bare market's going to happen again, right? We'll let the market decide, oh, and by the way, the market is just fine right now. Tomorrow will be another day. But GEMI, just another one. By the way, the dollar again was just crumbling today. Our dollar against currencies, and may I state for the record,
Starting point is 00:36:33 looks like it's about to break down again at the lows of the last nine months. Our dollar against other currencies. Hmm, huh? Huh? And I hear the new guy they put in the Fed loves a weak dollar. Make you feel any better? Up next. Hey, what did the House of Representatives do that pisses me off?
Starting point is 00:37:01 This is the one only investor's edge. Hello, I'm Malcolm Gladwell. 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.
Starting point is 00:37:54 For example. If anybody has more than 10% of what they had for customer service, 10 years ago, they're already five years behind. If anybody is not using AI to make their developers who write software 30% more productive today, with the goal of being 70% more productive. So we are not asking our clients to be the first experiment on it. We say, you can leverage what we did. We're happy to bring out all our learnings, including what needs to change in the process,
Starting point is 00:38:31 because the biggest change is not technology. is getting people to accept that there's a different way to do things. To listen to the full conversation, visit IBM.com slash smart talks. 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 CBS is here to fill your prescriptions, and here to fill your craving for a tasty and, yeah, healthy snack.
Starting point is 00:39:09 At CBS, we're proud to serve your community because we believe where you get your medicine matters. So visit us at CVS.com or just come by our store. We can't wait to meet you. Store hours vary by location. Hey, it's Ryan Sechrest for Albertsons and Safeway. It's stockup savings time now through March 31st. Spring in for store-wide deals and earn four times of points. Look for in-store tags to earn on eligible items from Celsius, body armor,
Starting point is 00:39:36 Oira Ida, Silk, Capri-San, Bavarian Meets, and Charmin. Then clip the offer in the app for automatic event-long savings. Stack up those rewards to save even more. Enjoy savings on top of savings when you shop in-store or online for easy drive-up and go pick-up or delivery. Restrictions apply. See website for full terms and conditions. You're listening to. What are we waiting for?
Starting point is 00:40:00 Well, what are you waiting for? One, two, ready, go. Action! In the guesters' edge. with Gary Culper. And welcome once again to Investors Edge. Hey, all my conservative Republican peeps out there, how you all doing today? You're good?
Starting point is 00:40:43 My conservative Republican friends, how you all doing? My conservative Republican friends that you and I together. loathed the last administration. Loathed Kamala Harris. That could have been the next president. Loathed that all she wanted to do was raise taxes on anything that moved. Anything and everything. Tax on this, tax on that, tax on this.
Starting point is 00:41:24 You got this now in this New York City joker that's probably going to be the mayor. he wants to tax the rich, you know, those bad rich. Like they're not going to haul ass out of there to West Palm Beach, right? It's amazing. Marxists and communists are the biggest dumbasses on earth, ladies and gentlemen. But I regress or digress. No, I didn't regress. I digress.
Starting point is 00:41:47 Let me read some to you. The House of Representatives, which, by the way, right now, is in the power of the Republicans. the power of the Republicans. The Republicans have the power. And they passed a measure today. What it did was it gave tariff authority to President Trump. It prevents the House of Representatives for voting on any bills that would challenge his authority on tariffs. So the president has the authority to tariff anything, anywhere, any time, any size, any country, any product.
Starting point is 00:42:36 The Republican House of Representatives has now given the green light to the president of the United States to tax the living crap out of anything you want. wants to do any time he wants to do it. How do you feel about that, my Republican, conservative, lovers of low-tax friends? Huh? How do you feel that all the pundits are out there praying that the Supreme Court sides with President Trump on the ability to tariff tax anything that moves like Kamala Harris wanted to do. But this time it's President Trump, so it's okay. It's not okay. And if you are a true conservative without an agenda, ulterior motive, or bias, you are P-Oed that this administration has gone on a higher tax festival, proudly praising, it, proudly telling you the numbers that they are telling you coming into this country so they are lying to you because it's not coming into the country. It's this country paying those taxes. But they know it's not really affecting you. So what do you care? It's your party and you're not
Starting point is 00:44:25 going to be mad at your party for raising taxes, are you? Why would you care that Apple paid 1.9 billion in taxes because of tariffs. Or Ford, I believe, was 800 million. Or they're touting that they have collecting 20 billion bucks a month. Well, just letting you know. And I would like you to listen carefully. If he keeps the tariffs on, it's going to eventually flow down to you. currently companies are doing the best they can to hold the line on raising prices now we have seen some prices raised you do know that you've seen the prices being raised
Starting point is 00:45:11 I can all but promise that in the months ahead if he doesn't remove the 50% on Brazil well your coffee is going to keep going up if he doesn't remove the tariffs. Companies are going to just say screw it and they're going to be raising the prices on stuff. I don't know which stuff and I don't know how much. But we're just letting you know the conservative Republican House of Representatives just gave the green light
Starting point is 00:45:47 to President Kamala Harris, no, excuse me, President Donald Trump to raise taxes. he wants, even though, even though it is the House that's supposed to propose taxes, vote on them, give it to the Senate to make changes or keep them and vote on them, and then give them to the president for his signature. Instead, they have given the president executive power, or he has taken that executive power to tax the living hell out of this country. And by the way, this administration has stated they think they can raise $8 trillion
Starting point is 00:46:32 bucks in the next 10 years. Well, that would be an $8 trillion tax hike on this country. I would like to know if any candidate for presidency stood up in debate and said, we're going to tax this country $8 trillion over the next 10 years. Would you vote for that person? Just asking. Anyway, that happened today in Washington, D.C. As you know, we do this show.
Starting point is 00:47:07 We live our life without a gender, ulterior motive, or bias. We want an administration to go in, keep taxes low, regulations, not onerous. Get the hell out of the way. We give the president an A++ plus, plus, plus, plus, on what he did with the border. We were giving them an A plus plus plus plus plus on deportations until they went overboard, but hopefully they are fixing that up. We give them an A plus on crime. I'll give them an A plus plus on crime now. Washington, D.C. crime is dropped to the ground.
Starting point is 00:47:40 We love that. Protect the citizens. But the tax thing, that ain't no hill for a climber. Anyway, you'll have a great evening drive carefully. It's Tuesday. Right. Got it. When you get home, do like we do.
Starting point is 00:47:54 quite simple. Make sure you hug your family. Make sure you hug your children. They will feel better. You will feel better. I promise. Stay well. Be well. Thanks for joining. Good night all. 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 GaryK.com. That's GaryK.com. Success starts with your drive. An American Public University is here to fuel it. With affordable tuition and over 200 flexible online programs, APU helps you gain the skills and confidence to move forward. Whether you're changing careers, starting fresh, or pursuing a lifelong passion, our programs are designed for people who never stop.
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