Investor's Edge with Gary Kaltbaum - THE ECONOMY [09.05.2024]

Episode Date: September 5, 2024

https://garykaltbaum.com/

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 CVS.com or just come by your food. store. We can't wait to meet you. Store hours vary by location. 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,

your host. A thanks for being with us today. Glad you here, ladies and gentlemen, happy that you are listening. It is September 5th, it's Thursday, 2024. Hope you're having a good day. And ladies and gentlemen, before I even introduce the show, believe it or not, I want to talk about air conditioning. No, really, I want to talk about air conditioning. Do you know what I was thinking to myself today? I haven't had air conditioning in 13 days in my office. By the way, I have a couple of places where I work, but often I work in my big office out of my house. house, as I told you. After COVID, staff got pregnant, da-da-da, and who needs to go into an office. Anyway, the area of my house lost the air conditioning, took him 13 days to find the air conditioning,

the air conditioner. And I went and Googled how many people across the globe do not have air conditioning. Now, there are places in Europe that kind of don't have it because it gets cold and whatever, and they have fans and stuff. But I particularly was reading up about how many people, human beings in African nations are living without air conditioning in the summer in Africa and how lucky we are. I bought myself two big gargantuan fans, which still was 95 degrees in this room, and what I would do is just go from the room to downstairs,

so I cool off a little bit, a lot of ice water. We have it so good. And let me put that better. I hope you have air conditioning also. Read up about people in Africa, so many. you know, I know Bill Gates has got hit pretty hard on some politics and the green thing and he flies on private jets and he talks about climate and stuff like that. Do you know what he's done for malaria in African nations single-handedly?

Just letting you know besides the fact what he did with Microsoft. Anyway, I just wanted to start with air conditioning. And now we'll introduce, this is serious talk on everything that affects. you. We'll do the markets. Your job, your industry, the economy, the election, debt and deficits, and scams and shams and corruption. We will cover everything without an agenda, ulterior motive, or bias. We really do, and I know that's only three words, the preamble to the Constitution. We really do believe in we the people. We are the driving force of this country. not the government. The government has headwinded us for too long and has taken advantage for us

for too long. We are just a big gigantic fricking slush fund for these people at this point in time. We'll also, anything we think is important, we'll talk about. 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 Twitter feed, which is now X and if you don't follow us on X, you should. And of course, you may email us. We just ask you to be nice. It shouldn't be too hard to be nice, right? Nice is a good thing. Right? Good. Okay. A few things I just wanted to talk about to get out of the way. Get it out of the way. Donald Trump had a big speech at the Economic Club of New York. Only three questions after, but he spoke, I think, for probably 90 minutes. Yeah, I think for about 90 minutes. And so many things he said,

I am so far. And then he went on the Donald Trump tangent. We're going to excuse the Donald Trump tangent. He ends up going all over the map. I want to talk specifics as we head into this election because some interesting components, some interesting things are going on. I want to start out by saying, I still remember when Bill Clinton, before his election, leading up to the election, was saying, we are not going to raise taxes, we are not going to raise taxes. And two days after to becoming president, he basically came on and said, yeah, we read the numbers and we're raising taxes. So we don't trust anybody changing their stances into elections, which takes me to Vice President

Harris. All of a sudden, she's not for no fracking. And of course, there is a rhyme and a reason. If Kamala Harris loses Pennsylvania, she will not want. win the election. I don't believe her. I don't trust her. She is now also getting away from Biden. Fortunately, Joe Biden insanely called for taking long-term capital gains from 20 to 44.6%. Kamala Harris is doing us a favor saying, oh, we're only going to take it up to 28%. And only for people who make a million bucks because they're bad people. They need to pay more. And she came out

with something Reagan-esque, so unlike her whole life. Just so you know, we have done a deep dive on this young lady, on her past, who she is, what she's about, and she's pretty much only been about high taxes, lots of regulations, lots of oversight. She's called for price controls. So now she's telling us, now she's telling us that, no, we're going to do a $50,000 tax credit type thing for small businesses. That's a Gary Colbond proposal. Right now it's $5,000. Do I believe it? Do I trust it when everything else about her, just so you know, raising taxes across the board? Therein lies my worry that she's full of it.

And that a bunch of politicos, very smart politicos, got a hold of her and said, you must move to the middle to win this election. Here's what we came up with. So that's her. I don't trust her. I'd like to. But all these politicians have earned are mistrust, distrust, antitrust, whatever you want to call it.

And that leads me to Trump today on the election. And he talks about tariffs like their candy, that they're the end-all be-all. Tariffs suck. It's a lie. It's a tax on whoever's buying. the stuff. I don't get it and the Republican Party used to hate tariffs, but he talks about him like there's much ado. I do not think Trump is going to do this across the board,

like he says, but you know what we think about tariffs. I do believe they can be used as a negotiating ploy, but to a very certain extent. The other part, I could not stand from him today, and we'll finish up with the good stuff. Debt and death. He was worse than Obama, who was worse than Bush. Of course, Biden worse than Trump. So do we trust him on debt and deficits? He spent like, I hate using the term drunken sailors, because drunken sailors fall asleep and they don't spend anymore. So I don't trust him on that. And that's a big pet peeve of mine. But lower taxes he talked about, less. regulations and he made a great great great if this was in court and he was prosecuting Kamala Harris and the Biden administration he made a great prosecution of this administration on everything lying on inflation the inflation debt and deficits lying about it he brought up the

Gary K, $2 trillion today. He must be listening. 10 million people across the border. While she says, I was not the borders, a lie. So he really prosecuted it well. But if he goes into the debate and goes off

on a tangent again, then you can look up that word, if you don't know. It just means you go in all over the place. That's my definition. definition. If he just sticks point, point, point, point, I think she's a layup. Up next, we'll put a bow tie on it, today's market. Lots to say. 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 complimentary portfolio review. The number to call is 888422-5-559. That's 888-4-2-2-559. That's 888-4-2-2-5-5-9. Investment Advisory Services offered through Call Bomb Capital Management. Hi, I'm Dr. Jay Goodman, host of Beyond the Script, the podcast where

where I sit down with pharmacists to answer the health questions you didn't even know you could ask at the pharmacy counter. In this episode, we are diving into gut. health with CVS pharmacist Victoria Motola, who explains why so many of us live with stomach issues we should not accept as normal. A lot of what I see is just like chronic bloating, chronic stomach aches. Like I get a stomach ache every time that I eat and it just becomes like a lifestyle where oh yeah, you know, I just have a stomachache every day. Or I'm constantly feeling like gassy.

And all of those things are not something that generally if you have a healthy gut, you should be living with. So that's when we deep dive. We deep dive into your medication. We deep dive into your OTC medication. And then at that point, we can probably identify something that we can change. Hear the full conversation, plus some fascinating facts about how gut health affects so much more than just your stomach on Beyond the Script, a podcast from CVS Pharmacy and IHeart Radio. Listen now wherever you get your podcasts. With the Venmo debit card, a taco in one hand, and ordering a ride in the other. means you're stacking your rewards. Nice. Get up to 5% cash back with Venmo Stash on your

favorite brands when you pay with your Venmo debit card. From takeout to ride shares, entertainment, and more. Pick a bundle with your go-tos and start earning cash back at those brands. Do more stash, get more cash. Venmo Stash bundle terms and exclusions apply. See terms at Venmo.com. dot me slash stash terms. Max $100 cash back back back small businesses like yours. Whether you're buying equipment, expanding your team, or bridging cash flow gaps, OnDex loans up to $400,000 help make it happen fast. Rated A plus by the Better Business Bureau and earning thousands of five-star trust pilot reviews. OnDec delivers funding you can count on. Apply in minutes at ondac.com. Depending on certain loan attributes, your business loan may be issued by OnDec or Celtic Bank.

On deck does not lend in North Dakota. All loans and amount subject to lender approval. It's time to switch on the integrator units and get the brain cells working. You're listening to. Hey, this promises to be fun. Investors Edge. The last bastion of quality programming. With Gary Coltbaum.

It doesn't get better than this. Let me put a bow tie on it. You see, I would absolutely annihilate Kamala Harris in a debate. I don't you know how they're practicing I wouldn't have to practice under your three and a half years you would deemed the head of the border and 10 million came through on video your head of Homeland Security Majorcas who by the way is now missing they don't have them out anywhere said the border was secure you said the border was secure Biden said the border was secure you all said the border was secure come out and stated, he don't know where a bunch of people are. I don't know. And we don't know if there's terrorists here. He has stated that. You should be running the country? Are you kidding? We're not a country if we don't have a secure border. That's number one. Number two. Here's where I would dump founder. Where's the $350 billion you gave to John Podesta for climate?

Huh? No, where's the $350 billion you gave to John Podesta for climate? And how is it possible $8 billion went to charging stations, and there's seven charging stations? And who, Vice President Harris, got that money, 100 million plus per charging station? Anybody you know, any friends, any donors? Oh, the inflation, Vice President Harris, your president is out all the time saying when he came in, inflation was 9%, but it was 1.8% and not until about 11 months later was at 9%. Care to comment? A basket of goods, pretty much up 24% since you came in. affordability on insurance and rent

yeah go try I care to comment your area in California and I go through her area and the crime stats and how is it possible you want to run the country that's what I'd be saying

it's pretty simple it's not hard it's actually damn easy it's a gimmy she'd be a layup she's anti-business high taxes big government

not we the people even though she says oh I was a prosecutor I'm we the people while she puts together if you steal $949 don't worry but if you steal

$950 we're going to charge you another what I would consider to be insane deal. And Trump did a good job of that today. Now, I don't like either of them. I don't want Trump as the next president. I was hoping for somebody else.

But we have a binary choice. And if Trump screws it up, he's only got four years. If she screws it up, it may be eight. We'll see how it goes. That's all. As we move towards the election, we have a debate next week and they better get to him. That's all I can say on the handling of himself. They better get to him on the handling of himself. Me? Easy. I'm disciplined. I know how to stay focused.

We'll keep you up to date, ladies and gentlemen, as it moves forward. The markets. Well, we've had this little worry and it's been kind of like a simple worry. What's going on with all the economically sensitive stocks? We're very big believers in spite of what you hear and in spite of government statistics. There are pockets of weakness in the economy out there and I know this because I'm pretty good at seeing it and feeling it and I have all you sending me emails about your jobs, your industries, your cities, and there are pockets of weakness. There's no death drop. We're not in a deep recession. Housing isn't dropping 40%. But I am a big believer that the markets are pretty smart and they have a pretty good ear. And all I can tell you, as of recent, they have

been blasting economically sensitive stocks. And that's coming from, they were kind of acting pretty decently. And when I mean economically sensitive, well, we'll start with the semiconductors. The people in technology world forgot they are cyclical. And due to the fact that semiconductors are in cars, well, if they don't sell cars, they make them more chips computers

they're not phones everything and then there's what we call building slash construction and we've mentioned

names to you and our favorite names like Caterpillar United Rentals the truckers and the rails something like an XPO logistics today drop 10%

they do about $8 billion a year transportation and logistics services. So we're seeing that. The transports today drop 300 points, and as you know, never got going. And interest rates are really dropping.

And oil prices are really dropping. And copper is dropping, and uranium is dropping, and commodities are dropping. Not to the point where I'm like, oh, boy, but to the point of this has to be on watch. not to mention retail. And by the way, high-end retail, anybody heard of LVMH? Luxury Goods Companies.

It's gone from 191 to 137 since March. And by the way, they're kind of like ultra luxury. I mean ridiculously ultra luxury. I mean stupid ultra luxury. Have you seen what they own? Big time. So we're watching. Stay tuned.

We'll stay on it. What we can tell you, we got a little bit of deterioration in the market recently, specifically the semis. Had a very rough day today, which could have been worse, could have been better. And tomorrow's another day.

Oh, a jobs number tomorrow. Whatever that means. Up next. What else? with Singh and news of the day. This is the one only investors, Ed. Hi, I'm Dr. Jake Goodman, host of Beyond the Script, the podcast where I sit down with pharmacists to answer the health questions you didn't even know you could ask at the pharmacy counter. In this episode, we are diving into gut health with CVS pharmacist, Victoria

Motola, who explains why so many of us live with stomach issues we should not accept as normal. A lot of what I see is just like chronic bloating. chronic stomach aches. Like, I get a stomach ache every time that I eat. And it just becomes like a lifestyle where, oh, yeah, you know, I just, I have a stomach ache every day. Or I'm constantly feeling like gassy. And all of those things are not something that generally, if you have a healthy gut,

you should be living with. So that's when we deep dive. We deep dive into your medication. We deep dive into your OTC medication. And then at that point, we can probably identify something that we can change. Hear the full conversation plus some fascinating. FACTS about how gut health affects so much more than just your stomach on Beyond the Script, a podcast from CVS Pharmacy and IHeart Radio. Listen now wherever you get your podcasts.

With the Venmo debit card, a taco in one hand, and ordering a ride in the other, means your stack and your rewards. Nice. Get up to 5% cash back with Venmo stash on your favorite brands when you pay with your Venmo debit card, from takeout to ride shares, entertainment, and more. Pick a bundle with your go-toes and start earning cash. cash back at those brands. Do more stash, get more cash. Venmo stash bundle terms and exclusions apply. See terms at Venmo.com.com slash stash terms. Max $100 cash back per month. Cash flow crunch. On-Dex 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, and at on deck.com. Funds could be available as soon as tomorrow. Depending on certain loan attributes, your business loan may be issued by on deck or Celtic Bank. On deck does not lend in North Dakota, all loans and amounts subject to lender approval. We're listening to America is talking. Investors Edge. He's got to be pleased with that. The crowd is just on his feet here. He's a Cinderella boy. With Gary Colbomb. It comes highly recommended. You're going to feel better if you talk to. And welcome once again to Investors Edge. So we just want to mention that.

And you know the names we follow Caterpillar United Rentals, a bunch of the building stocks and the like. So just letting you know they're under pressure. Don't know if it's the death knell. We do believe the job market softening. Of course, they'll come out with a job number tomorrow and maybe it'll be strong. And they'll revise in a month. It'll be much lower. Just remember, they just moved over 800,000 jobs over the last.

year oh they didn't happen brought to you by our government but a few things else I want to mention here and kind of on the specific side about some specific names and I'm going to start with Eli Lilly and it's not the first time I've said this so Eli Lilly by the way the stocks had a good move Eli Lilly dropped from 966 to 747 in that little meltdown just rallied up to to 972. It just dropped 60 bucks in like three days. Drop $34 today. And I'm just wondering. And this is just me. I really haven't heard anybody else say this. In case you don't know, I'm no Arnold Schwarzenegger. I am certainly no Simone Biles or the greatest athletes on earth,

but I tend to think I know about working out, taking care of yourself, and all that stuff. And I love the fact that these drugs make people lose weight, and more importantly, I think, diabetes and all the things that come along with being very overweight potentially go away. I just wonder, and this is a little repetition, because I know. no weight and gaining or losing, not because I'm a yo-yo, but because I've studied it. If you get off those drugs and lead the same lifestyle you had beforehand, you're gaining all the weight back. It's a fact of life. It's how it works. Now, if you change your habits, once you lose the weight and you get off the drugs and you work out, you stay a lot.

off alcohol, you eat well, you don't stuff your face with pounds of French fries and things like that, then okay, I'm just wondering what's going to be the outcome when all is said and done. Just keep that in mind. By the way, I haven't owned the stock and I'm actually jealous of the stock. Just letting you know. I just wanted to bring that up today because I've just been watching. I know the NVO, the Novo, Norddisk, the other one, that stock's broken down. What else? So we did the economically sensitive. I wanted to do Eli Lilly, and we're not telling you to buy, sell, shorter, cover it at all.

Next, I just want to cover these dollar stores again. So I told you the high end, the LVMH, the low end, and we're not talking Walmart, God bless them, able to just do everything right. And amazing, they can grow their business 5% the last year when they're doing 660 billion in revenues. That's amazing. stunning but these dollar stores and this is another one of these market lessons for you because a long while ago

we were telling you they had to be no longer be dollar stores but dollar in a quarter and what does that tell you the stock market is about expanding margins not contracting margins and if they have to raise go away from their moniker Their moniker is the dollar store is dollar general, dollar, dollar tree.

And the stocks have been destroyed. Want you to remember that as we move forward. Eli Lilly, not Eli Lilly, excuse me, Lulu Lemon. And that's on the other end. That's on the other end. The price conscious as of now. and this is being repetitive again because we're just trying to drive home some rules

that are kind of easy to follow. Things get a little tougher. The job market softens up. Inflation's getting higher. We're reading about credit card usage is skyrocketed. It's all there. You can all see it yourselves. I don't need to tell you.

So what happens? I can buy these pants at Target for 50 that Lulu Lemons charge in 120. What am I to do? And that's what's going on. It's simple as that. And Lulu Lemon's sales have decelerated quarter after quarter after quarter. I have to believe they can still sell the same things they're selling.

I have to believe that they're going to have to do something about price moving forward. this continues. Remember, in a real strong expansion, everything's good, everything's wonderful, everything's beautiful, you can get away with it. But there's a point in time as a business. And you're all business people out there. You all know that. It's pretty simplistic. So just letting you know a few things we're seeing right now. We are on the worried side of the economy the second. And leave no doubt the job. market softened the ADP number came out was a weaker than expected again tomorrow we won't trust it when you take away 800,000 jobs and they oh there's the

formula this you know what I say to there when they say the formula this kiss mine so if they come up with 200 well let's see 800 thousand a year what is that 70,000 a month I'll just minus 70,000 off of anything they come up with tomorrow and that would actually make sense based on past performance so we'll see the fed's coming up soon they're going to lower rates just remember what we've told you it will not affect the job it will not affect the economy all it will be doing is playing catch up to a 10 year yield that's down to 3.73 5 years down to 3.54 and by the way your money markets will be coming down once that happens the 5% whatever that's going to come down some and the good news is hopefully he's

well i don't know but hopefully he's slow on the come down of his fed funds which will factor in with your money markets and lastly just something i want to bring up disney the stock has gone from 123 in april to 88 today The stock hit a high of 203 and 21. It's 88 today. Disney, one of the greatest brand names in history. Shalact. What did we say about long term?

Just make sure what you own is working long term. Disney's got a problem. They charge a lot of money for their parks. Price conscious? Remember that. Price conscious. I think there's a lot of that going on. I'm just wondering when.

Not if. Not just Disney. There's going to be some serious markdowns in different avenues of the business world. Based on price conscious. I'm talking hotels, which by the way are insane in certain cities. Airlines.

and anything that moves. And by the way, won't be a bad thing. And by the way, this all comes down to what they're doing with the potato chips. Have you seen? The potato chips. The party size bag

is a little bigger than the normal bag now and still charging the same price. Just wondering how long they're going to be able to do that also. Up next. News of the day. whatever else today. I'm Gary. This is the one only investors edge.

Hi, I'm Dr. Jake Goodman, host of Beyond the Script, the podcast where I sit down with pharmacists to answer the health questions you didn't even know you could ask at the pharmacy counter. In this episode, we are diving into gut health with CVS pharmacist, Victoria 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 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. With the Venmo debit card, a taco in one hand, and ordering a ride in the other means you're stacking your rewards. Nice. Get up to 5% cash back with Venmo stash on your favorite brands when you pay with your Venmo debit card.

From takeout to ride shares, entertainment and more. Pick a bundle with your go-tos and start earning cash back at those brands. Do more stash, get more cash. Venmo-stash bundle terms and exclusions apply. See terms at Venmo.combe slash stash terms. Max $100 cash back per month. On Deck is built to back small businesses like yours. Whether you're buying equipment, expanding your team, or bridging cash flow gaps,

On-dex loans up to $400,000 make it happen fast. Rated A-plus by the Better Business Bureau and earning thousands of five-star trust pilot reviews, On-Dec delivers funding you can count on. Apply in minutes at OnDec.com. Depending on certain loan attributes, your business loan may be issued by On-Dec or Celtic Bank. On-Dec does not lend in North Dakota

all loans and amounts subject to lender approval. You're listening to. What are we waiting for? Well, what are you waiting for? One, two, ready, go. Investers Edge. With Gary Culpa. And welcome once again to Investors Edge.

So, in the news, just we'll circle back a little. This is Harris's tax plan. Capital gains tax rate goes from 20 to 28%. The top income tax rate, 37 to 39.6. An unrealized capital gains tax, zero to 25%, though they're saying for 100 million net worth. And by the way, you're thinking to yourself, oh, no big deal then. Just remember how they started taxing Social Security. and payroll taxes, they start slow, and then they come get you over time.

Investment income tax rate, just so you know, there's a 3.8% investment income tax. Thank you, Obama. She wants to take it from 3.8 to 5. Corporate minimum tax rate from 15 to 28%. Allow the Trump tax cuts to expire. She says, oh, they'll keep the 400,000 or $1,000. less, that's a lie. You cannot piecemeal a bill. She'd have to come back and get something done. And of course, on the other end, she's saying she wants to do these tax credits or whatever you want to

call it for small business. And if she followed through to that, I would applaud her. I would applaud her on that. But remember what we said to you. We weren't kidding. And we were 100% right. the great financial con is they're going to spend us into oblivion first massive debt and deficits lie about it have the media cover for it and then come after the wallets with major league tax hikes that's who these people are they are not we the people she talks about we the people all day she's the farthest from we the people and just remember when they height tax is on the wealthy, it will not affect the already wealthy. It'll prevent the middle class from

becoming wealthy because as you move up in life, the different stages of income, because you worked your ass off all your life to get there, well, they're going to meet you with a machete and cut you off at the knees with those higher tax rates because you are bad. You make too much money. You're the privilege few. You're not paying your fair share. Just remember who these people are. Hey, in the news, did you know that Hunter Biden pleaded guilty today? Now, just so you know, we have eviscerated this sleaze-ball, scum bucket, influence peddling piece of crap. And by the way, Joe Biden was involved in the rest of the Biden family that made a, what was the 25 million they counted up from countries and they never did anything.

That's what we call sleaze bags. He pleaded guilty, so guess what this means? You know what this means, right? Do I have to tell you? Joe Biden will be pardoning his own son for everything. And I, you know what? I can't blame him. That's the deal they've cut.

He doesn't want the son to drop dime on him, would he? in the news Home Depot a rival shutting all 447 of the stores I believe that stands for lumber liquidators if I am correct

they are shutting all 447 stores over 47 states I gather that's a bunch of jobs being lost I don't know who's going to pick up those stores. Maybe Home Depot buys a bunch out and creates more home depots, maybe lows, or maybe somebody else, but that's in the news. In the news, a little headline from the New York

Times, the EV future is coming. They're lying. They're insane. I don't even know what to tell you. The EV future. Not if people don't want them. And that's what's been going on as of recent. just letting you know. And last but not least, a tweet that I put out this morning. Let me read it to you. I put this out this morning. NBC in the Today Show,

you suck, stating it is Benjamin Netanyahu preventing hostages from being released. That's what they said. Who the hell do you think kidnapped and is holding the hostages? Who is murdering them? Who has said no to every deal? That's Hamas.

repeat Hamas, you suck. NBC went out of their way today to blame Benjamin Netanyahu, the man who runs Israel from preventing hostages from being released. I'm not making this up. This is how sick and twisted these media people are. Not Hamas preventing them from being released. The same Hamas that executed six of them

just the other day. There is not enough. hate in this world for these media types. There really isn't. When they can do such good, I'm not talking the opinion people, I'm talking anchors and reporters. Opinion people can say anything they want. It's their opinion. But anchors and reporters are supposed to be reporting the news. And that's what NBC Today Show did. I repeat, you suck. And of course, they suck. And That's all these morons, these boring, imbecilic morons, walking around with Hamas signs, praising terrorists, gays for Hamas. They'd be dead in 14 seconds.

Make that eight seconds if they walked past one of these terrorists. It's tick-tac-toe, ladies and gentlemen, you can't win, so why play the game? They're blocking a kosher restaurant from people getting in and out, and nobody's doing anything from the city. Columbia University is letting them march again. People running Columbia. It's not happening in Florida, you know why? Because they give a crap in Florida.

And they told people under no uncertain terms, you want to do that, go ahead. You're expelled, you're out of here. Columbia University, hey, come on. And that's what we deal with on a daily basis. That's the difference between, well, you know where I'm going to. going with that. Anyway, I'm just happy that I have air conditioning. And go look up people in Africa

without it. It's amazing. Hey, ladies and gentlemen, I'll be on with Neil Cavuto tomorrow, noon hour Fox Business Network. And until then, until tomorrow, same time, you have a great evening drive carefully. And when you get home, do like we do, quite simple. Make sure you hug your family. Make sure you hug your children. They will feel better. You will feel better. I promise. Stay well, be well. Serenity now. Good night. An 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. That's GaryK.com.

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