Investor's Edge with Gary Kaltbaum - Pawel Speaks

Episode Date: September 20, 2023

garyK.com or https://garykaltbaum.com/Considered one of the finest radio shows on the markets, the business world and everything that affects them, Investor’s Edge with Gary Kaltbaum, a Fox News Channel Business Contributor, brings his in-depth take every day. If you want fluff, this is not the place. Gary is a hard hitting and pull-no-punches host especially when it comes to people in power affecting you and your money. His daily in-depth analysis on the markets is second to none.

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That's Tommyjohn.com, code comfort. Tommy John. Comfort perfected. 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 Colpom. I'm your host. A thanks for being with us today.

Glad you here, ladies and gentlemen, happy that you are listening at September 20th, 2020, 2003. Hope you're having a good day. It's one of those days where I asked the question, how the hell did we get here? and we have done this before but we have not done it in a very long time and today our central bank kept their interest rates where they are they're called fed funds rates kept it at five and a quarter five and a half and i must tell you we have taken these people to task especially Jerome J. Powell since right after Christmas 2018. It's not five years later and I remain more worried today than ever about one man and his ability to scre man and his ability to screw up everything. How could that be? How did we get to the point

where one man had the ability to print out of nowhere, out of thin air, up to nine trillion when he took over, I think we're at about three, and take that conjured up out of thin the air money that was not in circulation, and interfere with the biggest market in the world, our bond market, and buy up bonds, taking things down to bare bones where interest rates were zero, where you, got screwed out of your riskless income investments where he bubbled up asset prices to the point where holy crap memes stocks NFTs

that are all down in the 90s coins they came out with 23,000 of them where probably 22,900 and something are at zero. Where you try to make a little bit of money off of your money, you got zero because of one man in his decisions. And I really think I'm the only one that's pissed off. I see others talk about it, but nobody's pissed off. So today they had another moment where they met for two days.

and they kept their rates at zero. But to stay with being pissed off, all the talk is about how he's going to handle the economy, and are we going to have a soft landing, and would he be able to have the economy reach a soft landing? Imagine one man and a 20-some-odd trillion-dollar economy, and he's going to engineer it? The same man that caused all the bubbles.

All the bubbles pop the same man who caused the inflation by printing to $9 trillion. Go look up the words, too much money chasing too few hands or goods or nothing. That's what happened with the $9 trillion. Yet he's still in business, still has the job. And I refuse to watch him. I refuse to watch him.

press conferences because he's a numskull and nothing personal but he don't know what the hell he's doing he doesn't have a freaking clue about anything you know what his answer is we're going to wait until more data comes in and then decide what to do i always thought it was the 150 million of us approximately that wake up every day working our asses off to do better for ourselves

and our families. I always thought we were the economy. But no, he's being asked by journalists about whether he's going to engineer a soft landing. What? What? We've gone nuts.

And what else have they've done? They enabled. They didn't do it, but they enabled. 33 trillion of debt. We're 33 trillion now. Our corrupt, crooked government has spent $33 trillion more than they were supposed to, and they have supersized it over the last 15 years beyond the beyond to the point where you got this nut job in the White House that's running a $2 trillion deficit this year. Two trillion. That is more than our whole spending in the year. 2000 and the media is pissed that the Republicans are pissed but the Republicans are to blame also

because under Trump yeah Donald Trump when I get in I'm going to get rid of all the debt and deficits it's easy to do he lied about it yet today and I would not watch I'll never watch I can't stand them and the journalists can't ask tough questions because they're afraid They're afraid to lose their spot. The simple question, who the hell do you think you are to come up here and say how you're going to engineer an economy when it's 150 million of us? We're the economy. You know who the economy is? It's you that drives a truck.

It's you the nurse. It's you the teacher trying to teach kids. It's you the doctors trying to save lives. It's you, the person who came over to my house today. to fix my air conditioner. It's you that are waiting tables, cleaning the bathrooms at schools. It's all of you.

That's the economy. Yet they're asking this guy who has caused so much freaking damage whether he is going to engineer a soft landing. It is the weirdest thing. I cannot believe it. And when you see me on TV, You can tell how frustrated I am that the guy gets any credibility.

Nothing personal again. I've never met the guy. He's probably a nice man, probably a good husband, good father. I don't give a crap. He should be out of a job. He's a miserable failure. They should abolish the whole damn thing and leave us the hell alone. Because all they have done is damage.

damage, damage, damage. When you saw the inflation skyrocket, it was not the Putin price hike. It was him with a little help from Mr. Marxist in the White House and his spending. And now they're trying to tell us, well, oh, things, you know, a little bit's better, you know, and, you know. Janet Yellen, the Treasury Secretary was out this week. I swear to you, she said this. she doesn't understand why we don't understand how good we have it, that we don't understand what's really going on.

She said it. One of the ground zero nut jobs of easy money and printing money who's calling for global taxes was in an interview this week and she was stating that how we don't know, that we don't have it, that we have it so good. while $33 trillion in debt, and we are skyrocketing to 50. We're the first trillion of our tax dollars. Our tax dollars, you know what our tax dollars are?

The money that goes to government, the first trillion is going to be towards interest, not towards the roads, the bridges, the streets, the children in need, the elderly, the infirmed interest. brought to you by people like Biden who's been in D.C. for 50 years. Biden has been in D.C. since we had a half of $500 million in debt. And except for the four years when Trump was president, he has voted for everything. And we voted him in. And now we get to choose between two morons, Trump and Biden,

two of the biggest liars on earth, that had massive debt. In the next election, though my prediction stands, my prediction is Biden will not be around for the election. Up next, I'll continue whining a little bit, and then we'll do the markets. I'm Gary. This is the one only Investor's Edge. Hi, I'm Gary Kalbaum, hosted a nationally syndicated radio show Investors Edge. We're not just handsome radio people. We manage investors' money for a living, specializing in fee-based discretionary money management. 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 888-4-2-2-2-2-2.000. $8.559. That's 888. 422. 5559. That's 888.

422. 52559. Investment advisory services offered through Colt Bomb Capital Management. Guys, it's no use putting it off. The best time for an underwear refresh is now. Tommy John Underwear is designed for a perfect fit that stays put all day. Their zero-chafe thanks to four times more stretch than competing brands. and their innovative horizontal quick draw fly is a game changer. With over 30 million pairs sold, there are thousands of men out there more comfortable than you.

Don't settle for less. Go to Tommyjohn.com today for 25% off your first order with Code Comfort. That's Tommyjohn.com code comfort. Tommy John. Comfort perfected. This message is brought to you by the Capital One Venture X card. Venture X offers the premium benefits you expect, like a $300 annual Capital One travel credit. for less than you expect.

Elevate your earn with unlimited double miles on every purchase, bringing you one step closer to your next dream destination. Plus, enjoy access to over 1,000 airport lounges worldwide. The Capital One Venture X card. What's in your wallet? Terms apply, lounge access is subject to change. See Capital One.com for details. This episode is brought to you by Spreker.

The platform responsible for a rapidly spreading condition known as podcast brain. Symptoms include buying microphones you don't need. explaining RSS feeds to confused relatives, and saying things like, sorry, I can't talk right now, I'm editing audio. If this sounds familiar, you're probably already a podcaster. The good news is Spreaker makes the whole process simple. You record your show, upload it once, and Spreaker distributes it everywhere people listen, Apple Podcasts, Spotify, and about a dozen apps your cousin swears are the next big thing.

Even better, Spreaker helps you monetize your show with ads, meaning your podcast might someday pay for, well, more my... microphones. Start your show today at spreeker.com. Spreaker, because if you're going to talk to yourself for an hour, you might as well publish it. 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. I'm back. Serenity now. But ladies and gentlemen, I don't do this for me. I do it for you. It is amazing to watch. It's amazing to see.

Everything I've said throughout the years has come to fruition and even worse than I even thought. The federal spending this year, our government's going to spend about as much as they did when they went crazy on the COVID, which I believe they had to. To a certain extent to get people flush while we were shut down. and they're sitting there, Bidenomics, he's like wet in his pants. Bidenomics, how great it is. What? And I'm waiting for one journalist to just say to Joe Biden the question. How do you think things are great when you're running a $2 trillion deficit this year?

Huh? What? Huh? Humana. Humana. Ralph Cramden? So I'm just letting you know. And I say this under no uncertain terms.

The train is. down the tracks. The horses left the barn. The car is left to the garage. The people that are running the show that are talked about like they're leaders and they're doing good for us. They're crushing us. The market will recognize it. Remember that. I don't know if we're there yet. Just be ready. There's no better technician in the world. than we and we'll be ready. I mean that big time. It is not to pat on the back.

We have proven it time and time and time again. We weren't doing this when the market crashed in 87, but we went back and spent hundreds of hours on what we have done before 1987 crash. We would have been out three to four months in advance. There's no way we can continue this trajectory of massive debt, massive deficits, and the interference of a few that think their God

with free markets that used to work so well until they started in. They used to work so well. And then Bernanke, that bum, that man who decided to play God with markets and yelling. And now power. And the presidents, Bush, Obama, Trump, Biden, massive debt, deficits, overspending, corruption, you name it.

And I got to tell you, it makes me weep the love people have for these people. Oh, I love him. I love him. I love him. He's on this side. He's that side. This side. That side.

This side. This side. that side. All you need to know is that they have hamstringed us. While we wake up every day trying to do better for our souls and our family, they are the headwind. And Jay Powell was out there today. I couldn't give a crap what he said. All I know is he was saying. I had no idea what the market would do today. Zero. If you've been listening to this show, you know we have been very defensive. We have been telling you about how so many areas are in such bad shape. We have been telling you, hey, you know where the leadership is? Uranium, coal, and oil, which does not make

somebody feel too good. Major indices have been trading below resistance and moving averages. The Russell 2000 is below long-term moving averages. Every day I'd come on this show and say, oh, New yearly highs on the NASDAQ for New Yearly Lows 200. I'd come on and talk about advanced declines, 1,000 up, 3,000 down. So you just hope for better. You hope things turn around. And then I wake up at the morning and I look at the numbers

and I look at what they're doing, I look at what they're saying and I want to vomit because I'm a realist. I've never been more optimistic on most of us, but I've never been more pessimistic on all of them. And they lie through their teeth every day. They just lie through their teeth every day. I saw the guy. Who's the Homeland Security saying, yeah, we got the border secure. Kiss mine!

The border secure. Even the New York mayor wants to curse out Biden. the border's secure. They look straight into the camera and tell you the border's secure. So I had no idea which way the market would go today because you really don't. You don't know what this misery is going to say. You have no idea what he's going to say, how he's going to say it. You don't know if he's going to say if of, go, gone.

You don't know. And you get Wall Street. well he changed his word and he changed those Wall Street's nuts that's why we just follow the markets markets will give you all the information you need and as you know

been on the worried side and I can tell you I have yet to scan after the close today's market wrap is brought to you by Investment-Models.com that's Jim Rohrabach one of the great market timers no gray areas with the manual either in or out of the market was proprietary indicators go check it out investment dash models.com

NASDAQ was down 210 the NASDAQ 100 was down 221 I don't need to say anything else really well why not talk the Dow because market they'll park money in the Dow the Dow the Dow was only down 76 closing at the low of the day though but the bigger story was early in the day they were breaking down some the strongest growth stocks and I've been taught throughout the years when they're breaking down the strongest growth stocks you better be careful and throughout the rest of the day they closed it at the lows now we've also been told well if it's a bad day on fed day it'll be a good day on the next day and vice versa yeah we'll see all I can tell you at the close today the Russell 2000 if I can find it there you go finished

Big time below. That's the music. We'll be back. Up next. Nothing good to say. I'm Gary. This is the one only investors' edge. Guys, it's no use putting it off.

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Tommy John, comfort perfected. This message is brought to you by the Capital One VentureX card. Venture X offers the premium benefits you expect, like a $300 annual Capital One travel credit for less than you expect. Elevate your earn with unlimited double miles on every purchase, bringing you one step closer to your next dream destination. Plus, enjoy access to over 1,000 airport lounges worldwide. The Capital One Venture X card.

What's in your wallet? Terms apply, lounge access is subject to change. See Capital One.com for details. This episode is brought to you by Sprecker. The platform responsible for a rapidly spreading condition known as podcast brain. Symptoms include buying microphones you don't need, explaining RSS feeds to confused relatives, and saying things like, sorry, I can't talk right now, I'm editing audio. If this sounds familiar, you're probably already a podcaster.

The good news is, Sprinker makes the whole process simple. You record your show, upload it once, and Sprinker distributes it everywhere people listen. Apple Podcasts, Spotify, and about a dozen apps your cousin swears are the next big thing. Even better, Sprinker helps you monetize your show with ads, meaning your podcast might someday pay for, well, more microphones. Start your show today at spreeker.com. Sprinker, because if you're going to talk to yourself for an hour, you might as well publish it. 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. All right. So let me just report to you what it looks like.

We'll see what Tamar brings FedEx reported earnings after the Cleveland. a very important company, is up 11 bucks in the aftermarket. Russell 2000, as you know, we have been telling you for a very long time, no small caps. If you're invested, it's got to be large caps. And that's a broad statement on the whole. And that has been pretty much on the correct side. Next, the semiconductor index, which has been trading below everything, worsened again today, down 60, at some more important support levels today,

that's not good. What have we been telling you about the semiconductors? Most of them are in bad shape. And the reason why these index held up better because some of the bigger names were holding it up. But Nvidia, whoa, stock gaps up on earnings, finishes flattish, and has done nothing but suck wins since.

On great earnings in revenue growth, what gives? Well, it's not the news. It's how the market reacts to news. So, Viti is doing that. And then you have the big mega-cap tech. Netflix, bearish, almost imploding. Apple, bearish. Better not break the 172 area.

Mentioned of it. Microsoft, trading below the 50-day moving average, crumbled a little bit today. Facebook, holding on a little bit better than most. Google, that was holding up. That was down 3 or 4% today. Amazon, back down to the 50-day moving average. So guess what?

And then you have these, probably haven't mentioned them often, but yesterday's symbol elf. It's been a leading growth name. Crooked yesterday, croaked even worse today. The name that has been holding up best, Celsius. It's that fitness drink that they say, burns calories or whatever that sells very well i asked the manager at a couple of publics uh down 8% today on big big volume if they're getting the best names catching my drift and i can go

through a litany of stuff we're going to do that on our webcast later tonight it just things worsened today as i look at the nasdaq and nasdaq 100 just not a good look i keep being told well It's only September. Don't worry, it'll be better in October. Well, how do they know? We'll see. So just a very tough day, very rough day, a very bad finish in the market today. Don't know what it means for tomorrow.

Yeah, maybe we'll reverse it tomorrow. We'll see. Don't know. Don't have a clue. All we can tell you is it is real mushy out there and it was an ugly close today. Unfortunately, I will have to spend like five minutes and find out what he did say in the press conference, but it doesn't matter because he only talks shades of gray. The guy who printed $9 trillion tells us he's going to wait for data to come in,

then they'll decide. That's pretty funny. So as you know, we watch the market, and here's the other part of the equation we're watching, and we're watching it carefully yields. Just remember, he interfered with free markets. The guy played God with the market, interfered with him in a big one. way and he can't anymore. He can't print money anymore. In fact, he's going the other way and the reason is cause inflation. He caused the inflation. And he knows that if he starts printing again, uh-oh. So he's boxed in like mixed nuts. So the market has its own free will finally without him.

And all I can tell you, the 10-year yield close at 4.349 today. Was it a 15-year high yesterday? came down a little bit today. If the 10-year yield starts going 4.5, 4 and 3 quarters, 5, that's going to be more trouble. Just remember, the other distortion he'd created was nobody wants to sell their homes. Everybody refinanced with threes, and anybody who bought in the last couple of years got threes. Who wants to now trade it in for 7.5? Who wants to sell their homes unless they have to? Nobody.

Inventory around the country is way, way down. I think record. That's Jay Powell. So he said, screw you getting your riskless income investment money, but oh, you're going to get low mortgages. So he gave you that. The problem is he shouldn't be in the position to give or take that, causing the distortions.

capish so it may sound like I'm on the war path today but I've been this way since Christmas of 18 when I knew I realized J. Powell for what he was plain God thinks he's smarter than all of us

smarter than the markets, bigger than the markets and when he was able to print 9 trillion brooks yeah he moved markets big time and now the cumuppance the government We're probably going to have a shutdown

But don't believe them Government never shuts down Just remember they're going to con you with that too They never shut down the essentials There'll be a few things shut down They'll come out and tell you Oh, Social Security checks won't go out That's a lie

They'll go out They just love scaring the living hell out of you So you vote for them And don't vote for the other person It's all a con That's what it's come to Khan and how do we know 33 trillion

and skyrocketing 33 trillion they spent more and skyrocketing oh and by the way we still have homeless and we still have poverty you give me that 33 trillion there's not going to be one homeless person out there and that's my little

war path of the day what's today Wednesday Great. Tomorrow's Thursday. Giants play San Francisco in San Francisco short week. That's going to be a tough game for them. But great comeback by my Giants this week. Great comeback.

I had to think of something good. Anyway, that's the story today. Again, I'll have to check what he said, what caused the markets to drop, but it really doesn't matter. The bottom line before today we were defensive. We'll see what happens to me. tomorrow. The good news is we'll see if FedEx can help out tomorrow. It's up 10 bucks in the aftermarket. I'll have to look at the news. FedEx has been much stronger than UPS. What else

we got going? Oh, you still have the auto strike. And they say the United Auto Workers say, if nothing done by Friday, they're going to escalate, whatever that means. Yay. in case you don't know, a bunch of people are getting idle now. Suppliers, things like that. Just remember, domino effect. And what's simply going on here is the United Auto Workers saw airline pilots get a bigger bump, UPS, even though that's being disputed how much, you know, the 170,000 number. That's, you know, who the heck knows.

And we'll see how it plays out. What's interesting is, I can't argue their point when they say the CEO got a 40% bump. What about the workers that are putting things together? Interesting. There's some logic. And then the other part of the equation. When it comes to the autos, do you hear what the UK Prime Minister said? They're going to slow down on the conversion to electric vehicles.

because we can't force it down people's throats. He gets it. Just remember, ladies and gentlemen, who the hell is government to force electric vehicles down your throat? We're going towards all electric vehicles by this year. Who the hell are you? Oh, that's right, our government. Control freaks.

And it's getting worse. Jefferson warned us. Decades ago, go read his quotes. and by the way, in case you did not know, insurance on electric cars is double in many inches what you pay on cars. I'll explain that up next. It's the one only investors in.

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That's Tommyjohn.com code comfort. Tommy John. Comfort perfected. This message is brought to you by the Capital One Venture X card. Venture X offers the premium benefits you expect, like a $300 annual Capital One travel credit. for less than you expect. Elevate your earn with unlimited double miles on every purchase, bringing you one step closer to your next dream destination.

Plus, enjoy access to over 1,000 airport lounges worldwide. The Capital One Venture X card. What's in your wallet? Terms apply, lounge access is subject to change. See Capital One.com for details. This episode is brought to you by Spreker. The platform responsible for a rapidly spreading condition known as podcast brain. Symptoms include buying microphones you don't need.

explaining RSS feeds to confused relatives, and saying things like, sorry, I can't talk right now, I'm editing audio. If this sounds familiar, you're probably already a podcaster. The good news is Spreaker makes the whole process simple. You record your show, upload it once, and Spreaker distributes it everywhere people listen. Apple Podcasts, Spotify, and about a dozen apps your cousin swears are the next big thing. Even better, Spreaker helps you monetize your show with ads, meaning your podcast might someday pay for, well, more my podcast.

microphones. Start your show today at spreeker.com. Spreaker, because if you're going to talk to yourself for an hour, you might as well publish it. You're listening to. What are we waiting for? Well, what are you waiting for? One, two, ready, go. Action! Investors Edge with Gary Culpa. And welcome once again to Investor's Edge. So as I said, insurance on electric vehicles, much more than regular why because it's pretty much new and they're not sure you know that everything is about data for for these companies insurance companies and they don't know just yet and then there's the ability to replace things electric vehicles are different than gas got to charge more on insurance it's a shonda that's all i can tell you that's all i can tell you i got i get why

somebody like trump is so popular because he fights all this that's about all i get Next, we warned you about the initial public offerings that were coming out. We simply warned you. Why? Wall Street never learns their lesson. Greed. Greed. You see, these investment bankers, their job really is to put things out at the highest price possible on initial public offering.

Fees. But that's their short-term, stupid thinking. the longer term good thinking would be let's price this right let's price this fairly because we want to do more and if we price it fairly and not screw people we're going to be able to do a lot more initial public offerings but no these idiots think in the hair and now so what do they do here we go first off they brought out this arm holdings $51 deal should have been brought out brought out about 30

and it was hyped they had them all over Wall Street hyped and just remember it's a semiconductor company earnings are down revenues are down year over year they bring it out at a 25 times sales

and 100 times earnings they open it up it's hot $51 deal they got it to $69 bucks on Friday 52 and a half today what did it they do. Pissed on prosperity by bringing it out a ridiculous price. What else? Instacart. That one just came out yesterday. A $30 deal should have been brought out at 20. They opened it up at $43. Just about.

You ready for this? It closed at $30.10 today. It was 43 yesterday, 30 today. So guess what? It's now going to be a lot tougher to bring out IPOs. They just brought out another one today. Clavio. And I think it's software. I'm not sure from where. They brought that out.

It hit a high today of $39.47. It closed at 3276. So that's about, what, 20% from the highs today? They're just not getting it. They're so stupid these people. They're idiots. Make the big bucks today. Screw what happens tomorrow.

All they had to do was be a little bit more reasonable. Keep them at decent prices. Maybe even understated a little bit. No. So now on these three IPOs, anybody who is bought after the IPO is losing money. and losing a lot of money if they held on to it. And they're going to try and do some more IPOs. And you know what the market's going to say to them?

It's going to pull out a certain finger. Not the thumb, not the index, not the pinky. What do they call the one next to the pinky? I don't even know. Let's just say the one in between the one next to the pinky and the index finger. The market's going to stick that finger out and say, uh-uh. And guess what? ain't going to bring out any more IPOs

or if they do and try, it's going to be at much lower prices. I predicted this for you and I was on with Neil Cavuto. What's today? Wednesday? What day did the arm come out? On Friday I was on with Neil. My exact words.

Kids, don't be paying a buck and a half to two bucks for dollar bills. Because that's what they've done. And this is not an indictment of the companies. It's an indictment of Wall Street being the usual, greedy, stupid, short-term thinking. And that's the IPO talk today. Overall, just yuck. Bad finish.

Remember, mega-cap tech, really big part of the indices. They are under pressure now. if they worse and look out, I mentioned to you how Apple is trading double its valuation of the last decade or more. And no growth now. That what happens if the market wakes up, we'll see, doesn't have to happen.

We're just giving you facts. That is a fact that for a decade and change, Apple was trading at 15 times earnings on average, right now it's trading at 30. Back then, earnings growth was strong. Revenue growth was strong. Now, it's down year over year. Now, maybe something else happens.

Maybe they sell the hell out of new phones. We'll promise they would do that with 5G did not happen or did not stick. So we're watching all these things, big time. The good news is oil prices did come down today. Oil stocks, which were strong early, reversed. but just overall mushy. Advanced declines weren't so bad, but big reversal from early in the day. And on the NASDAQ, they were bad.

13 up, 28 down. New York 16 up 23 down. And don't get me started at new yearly highs and new yearly lows. So Ikey yucky finished today. Wish I had better news. And remember, NASDAQ, NASDAQ, NASDAQ, 100, Russell 2000, those are your risk on indices. We want them leading, not lagging.

You'll have a great evening, drive carefully when you get home, do like we do. Tomorrow I'll be on with Stuart Varney. About 9.25 a.m. They'll give me two minutes. Fox Business Network. Until then, yeah, make sure you hug your children. They will feel better, you will feel better, I promise. Have a great one, everybody.

Thanks for putting up with us today. Bye-bye. 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. Guys, it's no use putting it off. The best time for an underwear refresh is now. Tommy John Underwear is designed for a perfect fit that stays put all day.

Their zero-chafe thanks to four times more stretch than competing brands. And their innovative horizontal quick-drop fly is a, game changer. With over 30 million pairs sold, there are thousands of men out there more comfortable than you. Don't settle for less. Go to Tommyjohn.com today for 25% off your first order with Code Comfort. That's Tommyjohn.com code comfort. Tommy John. Comfort perfected. This message is brought to you by the Capital One Venture X card. Venture X offers the premium benefits you expect, like a $300 annual Capital One travel credit for less than you expect. Elevate your earn with unlimited double miles on every purchase, bringing you one step closer to your next dream destination. Plus, enjoy access to over 1,000 airport lounges worldwide.

The Capital One Venture X card. What's in your wallet? Terms apply, lounge access is subject to change. See Capital One.com for details.