Investor's Edge with Gary Kaltbaum - TRUMP PRESS CONFERENCE [12.16.2024]

Episode Date: December 16, 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 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's Monday. It's December 16th. It's 2024. Hope you had a good weekend. I did not. because I have to suffer through my New York Giants every weekend. They will get the first pick, though, next year in the draft. I'll give it that. All right, that's enough of that. Hey, ladies and gentlemen, this is serious talk about everything that affects you. We will do the markets, the economy, jobs, your job, your industry, taxes, debt, deficit, spending, scams, shams, corruption, Dojee, the president-elect, the president going out.

and the proposals that are out there that are meaningful to both you and I. And if you do not get this radio show in your city, we'll post it at garyk.com. We'll also post on our Twitter feed, which is now X. And if you don't follow us on Twitter, you should. You just go there, put our name in. And if you'd like to email us, all you've got to do is be nice. Why? Because we're always going to be nice back.

Unless you email us and tell us you love Hamas and crap like that. I just have to start. We did a few shows before the election, which basically went like this. If I was running for president and I won the presidency, this is what I would be doing and saying. And I went through it. President Trump held a press conference today. Well, excuse me, President-elect Trump, held a press conference today.

And for the record, he spent more time in that press conference. I would guess than Biden has done the last year or two years. By the way, where is Joe Biden while drones are all over our skies? By the way, where's Kamala Harris? Where's she? They're still president and vice president. Anyway, I'm just letting you know, we promise. you with no agenda, ulterior motive, or bias that we will compliment the incoming president

when we think he should be. We will take him down when we think he should be taken down. But I must tell you so far, I'm thrilled. He did this press conference today, and what do we say to you here all the time? We just want it to go back to we the people. And that That is less of them, more of us. And so far, that's what I am hearing from him. Doesn't mean he's going to follow through. And there's some things when I, listen, I'm no Kennedy fan. I don't want him.

But the hope is if he gets in, he's not going to be the crazy Kennedy getting rid of the polio vaccine. But back on Trump, I was thrilled. The press conference was about less regulations, less oversight on us. Just remember, all this talk about what government has to do and has to oversee. Screw them. We could take care of our lives. Most of those people in government have never even had a job in the real world. Bernie Sanders, go look up his life.

He's never had a job. And he's telling us what we have to do. Elizabeth Warren, another Marxist, committed fraud. She claimed she was American Indian in order to get status and big money at a university. We don't have to hear from these people. So Trump's out there today, and all I know, this is what I heard. less regulations will have regulations

but definitely less lower taxes lower taxes more money are earned dollars we keep more of what a concept versus Janet Yellen who said the problem was lower

taxes by the way I'm not making this up and just remember what I said I wanted to see demeanor somebody asked the question question, are you going to do a preemptive strike on Iran? And I always worry about Trump flying off the handle. He said what should have been said. I'm not going to talk about that.

Come on. So the press conference for me, so far so good, we the people, imagine if government gets the hell out of our way and just lets us do what we do. My goodness gracious, just so you know, this government that's in there now stop the JetBlue Spirit airline merger. Spirit almost went out of business.

It would have cost so many problems and people out of a job. What did they just stop? Kroger and Albertsons? If you're too big as bad. It's amazing. And of course, you're getting a lot of bending of the knee by Facebook. I know Google met with the president-elect.

Tim Cook just met with him. And a couple of them, Bezos, are given a million dollars for the inauguration. It goes to the inaugural fund. Smart move on their part. But you know what? They all been saying the same thing. We love the proposals. And we want to be part of that.

we want to be able to sit down and explain to him, hey, this is what restricts us, this is what constricts us. And if you just remove this and remove that. And of course, the lefties will say, oh, you're giving them too much leeway. Yeah. Kamala Harris spent a billion dollars making a bunch of Democratic consultants very wealthy. I call it payoffs. but their tone of what we can. And everything to them is nefarious. It's nefarious.

It's nefarious. Don't get me wrong. On the right, there's a lot of nefarious talk also. But give me we the people and I am a happy guy. So we'll continue to follow it. If you have a chance, I don't know if they replay the press conference on C-SPAN or not, but man,

it felt like Gary, Harry Kay was doing that press conference. Some of the answers I'm saying, it's exactly what I would say. And I really think he meant it. Really do. I think somebody asked the other day whether he's going to retribution on people, and you got people talking about Biden's going to do preemptive pardons for people like, who are they talking about?

Adam Schiff and stuff. and they asked Trump and he's answered it 10 times. There's going to be no retribution. Our retribution is going to be success. But they don't believe him. So I think Biden's going to do some pardoning of people that didn't commit any crimes. The just in case pardon, that'll be interesting. Anyway, just wanted to let you know I was really happy on this Prince conference today.

I wasn't expecting it. And I was looking for trouble. Anyway, what's it, January 20th is he takes over, but I got to tell you, it feels like he's taken over already, which takes me to SoftBank. In case you don't know, look up SoftBank. They have come in and said they're looking to spend $100 billion here in the United States. There's no way they're spending $100 billion in the United States. But that's what they said. Anything towards that is good.

and you can go look them up and you'll see what companies they've been involved with and they're a big gigantic conglomerate out of Asia and they've done great things in the past and all that. Okay, we segue. Well, another shooting at a teacher and a teenage student killed. The teenage shooter who looks like was a student is also dead killed I don't know if it's a he. Let's just say killed themselves.

And a shooter was a student at the school, and we just hate seeing this. They recovered a handgun, and I just got to tell it. It leaves your freaking speechless, ladies and gentlemen, it really does. And I'm a big believer. We just have to do more to tighten up security in schools these days. I know they talk about it all the time It doesn't happen very often But if it happens once

Whether it was Sandy Hook Which was I used to live in Bocca Raton right near Parkland And I just Well All right We have to move on unfortunately There are a lot of bare markets going on

I know you Are seeing other things in Bitcoin And The NASDAQ and the NASDAQ 100 and drone stocks and things like that. But first, what eight? I'm Gary. This is the one only Investors 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 888-422-55-9. That's 888-4-22-55-9. That's 888-4-2-2-2-5-5-9. Investment Advisory Services offered through call-bomb capital management. Hello, hello. I'm Malcolm Gladwell, host of Smart Talks with IBM. I recently spoke with IBM's new director of research, Jake Gambata. We discussed his vision for the future of quantum power.

computing? At IBM research, what we always do is answer what is the future of computing, whether it's coming up with new algorithms, coming up with better AI, coming up with quantum, or coming up with just how do different accelerators go together. It's our DNA to answer the question of what is the future. Isn't it a perfect problem for IBM because you kind of need to have a legacy of building stuff? Yes. Building actual physical machines. Yeah, it's why I came to IBM. I wanted the experience the culture of building hard things that others have not done before. Where do you imagine we are in the timeline of this technology? There will come a point when it will mature.

My cell phone is a mature technology at this point. How far are we from that point with Conton? By 2029, we'll build the first fault-tolerant quantum computer. That is one that can run a very, very, very, very, large, large problem. To learn how IBM is building the future of computing, visit IBM.com slash quantum. Hi, I'm Dr. Jake Goodman, host of Beyond the Script, the podcast where I sit down with pharmacists to answer the health questions you didn't even know you could ask at the pharmacy

counter. In this episode, we are diving into gut health with CVS pharmacist, Victoria Motola, who explains why so many of us live with stomach issues we should not accept as normal. A lot of what I see is just like chronic bloating, chronic stomach aches. Like I get a 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 IHeartRadio. Listen now wherever you get your podcasts. Cashflow crunch. OnDex's small business line of credit gives your business immediate access to funds up to $200,000 right when you need it. Cover seasonal dips, manage payroll, restock inventory, or tackle unexpected expenses without missing a beat. With flexible draws, transparent pricing, and control over repayment, get funded quickly and confidently. Apply today at on deck.com. Funds could be available as soon as tomorrow. Depending on certain loan attributes, your business loan may be issued by On Deck or Celtic Bank.

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

It doesn't get better than this. So, by the way, the first two months of this fiscal year, we're already 624 billion of debt. That would put us at about $3.8 trillion if it continues of deficit. Just want to let you know. I also want to let you know that there's a crypto meme that came out called FartCoin that has a $1 billion market cap. I want to let you know that they call the Magnificent Seven, those seven stocks, now accounts for 33% of the S&P 500 market cap. That's wow. I also want to let you know ABC News settled with Trump for $15 million to his presidential library, $1 million for his $1 million for his own.

attorney's fees because George Stephanopoulos said something stupid, by the way, just a democratic act that got a great job. I want to let you know for the first time in 123 years, Argentina has no deficit. Just want to let you know the top 1% of taxpayers pay 40% of total income tax burden. Top 50% pay 97%. I want to let you know that the Netherlands just proposed a new exit tax for citizens who leave the country. Income to be taxed for five years

they have to leave in the country. Ain't that sweet? I just had this stuff that I printed out. Just wanted to let you know. Is that okay? And lastly, you know I've complained about Social Security forever, right? It's a Ponzi scheme.

This was posted. By the time I am, and by the way, this is everything I've been telling you in one little paragraph. By the time I'm, I am 67, over $600,000 of my money will be paid into the Social Security on my behalf. That money would have been worth $1.9 million if I had gotten a 5% return since I started putting the money in. my annual interest to pay me would be $95,000 at 5%.

I'm getting $3,000 a month from Social Security. Need I say more? Anyway, they've set it up where we can never, ever change it. You do realize that because the workers of today pay the retirees of yesterday. where'd all the money go? Interesting, huh? Just remember all this. And anytime anybody even brings up Social Security,

the political part of it is you're throwing grandma off the cliff and all that. I told you back when Bush won the presidency for the second time, they invited me in other radio shows to come to the White House. We were at the Treasury Building for that one. and have a interview time with Treasury Secretary John Snow, call Roe, one of the advisors, a few others on Social Security. And we went there and they talked about just wanting to have a conversation because we just don't think it's fair.

And part of it was what I just mentioned to you. Within a week, they called me up and it was dropped because they couldn't take the fire politically. that was the story. Anyway, I just want to let you know what they're doing with your Social Security money is a sin, it's a crime. Again, let me repeat.

This guy that just wrote this up, and by the way, you can check it out yourself. It's an absolute joke. Just at 5% what a freaking difference it would have been instead of going towards the government. which by the way created the Social Security Administration with God only knows how much of that cost

and how many people work there. And let's move to the market. As I said to you, I'm going to spend a few minutes on all the bare markets in the market. I know, I know. Drone stocks, quantum computing stocks,

Broadcom on Friday, Tesla, but I'm just letting me. you know and we hope you have listened and we've pretty much been doing it daily for our peeps in our award-winning webcasts we give out the awards of course oils worsened today big time drug stocks worsened again managed care stocks crushed United Health down another twenty-two dollars and we had said to you we have this this worry because of that tragic murder that their claims denials that are so much higher than

others, there's going to be a big, gigantic look at, and the market may have something to say about it. The stock's down over a hundred bucks since that murder. And it's also affected all the other managed care stocks like Cigna, Elevents, UMana. And it's affected other insurance types. and the bearish phase, bearish market downtrend in hospitals, worsened today. In consumer staples, worsened today. In a bunch of economically sensitive stocks, worsened today. And in commodity types, steel, copper, aluminum, and all that crap, worsened today. The transports, rails and truckers, and the UPS, well, FedEx was up two cents.

worsened today. And a bunch of medical names worsened today. And China, unbelievably, worsened today. Gold miners worsened. Solar's worsened today. And what's funny is tonight I was going to do a webcast only of good looking stuff. And then I'm doing my scans. And I'm like, holy crap, holy crap, holy crap, holy crap, look at CVS drugstores. And look at Otis. elevators and look at Johnson and Johnson and look at Target and look at New Corps. So I'm going to have to show those again tonight. So we're just letting you know we're not talking about the whole market. There are a bunch of areas in bad shape.

In restaurants, Starbucks breaking down, wing stop is croaking. But Brinker International is strong. Housing worsened today. Housing related worsened today. Restoration hardware. Housing related. Gapped up on big earnings down 31 today. Why? The group. Now, we don't want to throw cold water on what is. But we have to let you know what isn't. Big biotech. Some of them bounce today. But Amgen, Regeneron, biogen, wow. Up next. But the other side. This is the one only investors edge. Malcolm Gladwell, host of Smart Talks with IBM.

I recently spoke with IBM's new director of research, Jake Embatta. We discussed his vision for the future of quantum computing. At IBM Research, what we always do is answer what is the future of computing, whether it's coming up with new algorithms, coming up with better AI, coming up with quantum, or coming up with just how do different accelerators go together. It's our DNA to answer the question of what is the future. Isn't it a perfect problem for IBM because you kind of need to have a legacy of building stuff? Yes.

Building actual physical machines. Yeah, it's why I came to IBM. I wanted the experience, the culture of building hard things that others have not done before. Where do you imagine we are in the timeline of this technology? There will come a point when it will mature. Right? Yeah. My cell phone is a mature technology at this point. How far are we from that point with Quantum? By 2029, we'll build the first fault-tolerant quantum computer. That is one that can run a very, very large, large problem.

To learn how IBM is building the future of computing, visit IBM.com slash quantum. Hi, I'm Dr. Jay Goodman, host of Beyond the Script, the podcast where I sit down with pharmacists to answer the health questions you didn't even know you can. could ask at the pharmacy counter. In this episode, we are diving into gut health with CVS pharmacist Victoria Motola, who explains why so many of us live with stomach issues we should not accept as normal. A lot of what I see is just like chronic bloating, chronic stomach aches. Like I get a stomachache every time that I eat and it just becomes like a lifestyle where, oh yeah, you know, I just have a stomachache every day. Or I'm constantly feeling like gassy. And, and I just, you know, I'm And all of those things are not something that generally, if you have a healthy gut, you should be living with.

So that's when we deep dive. We deep dive into your medication. We deep dive into your OTC medication. And then at that point, we can probably identify something that we can change. Hear the full conversation, plus some fascinating facts about how gut health affects so much more than just your stomach on Beyond the Script, a podcast from CVS Pharmacy and IHeartRadio. Listen now wherever you get your podcasts. Cash flow crunch. OnDex's small business line of credit gives your business immediate access to funds up to $200,000, right when you need it. Cover seasonal dips, manage payroll, restock inventory, or tackle unexpected expenses without missing a beat.

With flexible draws, transparent pricing, and control over repayment, get funded quickly and confidently. Apply today at ondeck.com. Funds could be available as soon as tomorrow. Depending on certain loan attributes, your business loan may be issued by OnDec or Celtic Bank. on deck does not lend in north dakota all owns an amount subject to lender approval you'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 comes highly recommended you're going to feel better if you talk to and welcome once again to investors edge hey thanks for being here and don't get mad because we're doing the bad stocks first it's imperative that if you can stay away from

the crap, just for starters. Just for starters. And I'm just letting you know, it's worsened. And some of the moves down have been really big now. And I'm questioning some things. I'm just questioning some things. Let's see. Back in 1999, the market was selling off everything

but a certain group of stocks to the point where, as I mentioned to you, I believe housing-related stocks got down to one-time's earnings, and all the money jumped into one area. And when I say one area, I still remember at the end what names were strong, EMC, Nortelucent, Intel. And there was a decent amount of names, but they were leaving everything else for dead.

And then they finally got all that stuff. And all hell broke loose. And we're not saying the same thing's going to happen. Let me tell you what we are saying. If we end up with some climactic moves, you know what a climactic move is? you can chart price as it turns into the space needle. That's a climactic move. If that occurs in some of these areas that we have been talking about on the good end, that's trouble.

And again today, there were more new lows than new highs on the NASDAQ, with the NASDAQ up 247. Well, today, advanced declines on the NASDAQ were just a little better. New advances versus the client is just a little better with the NASDAQ up 247. That's not good. It's because Apple up 3, Broadcom up 25,

Tesla up 27, Google up 7, Microsoft up four. Big Cap, software, tech, and the like. With a decent dose of what we call weirdness. Quantum computing companies that have been trading for 20 years and still have no sales going up three, four, and fivefold. From dollar and two dollars and things like that. Drone stocks because of the drones. Robotaxies for whatever reason.

So we got a big dose of froth going on here also. So ride them. We'll let you know if things change. But we just wanted to let you know it is about a split a tape. The good is getting gooder. the bad is worsening. And a lot of these bad deep now into bearish phases. And we're not talking fly-by-night stuff, whether it's Halliburton in the oils or Linar or CSX and Norfolk Southern,

Lenar is a home builder. CSX and Norfolk Southern in the rails. Or New Corps and Steel Dynamics in the Steel. Or United Rentals just with the Big Top or Hershey's and Coca-Cola Pepsi in the Consumer Staples. We're just letting you know. We'll stick with what's worth. working. It's

it is accentuating but it is narrowing and it's becoming a little bit what I would call kind of insane and kind of space needleish

on some names. So please stay to stay tuned big time because I have a sneaking suspicion. This is a guess but what pretty decent would guess is next couple of months are going to be real interesting. And by the way, there's a big dose of bullishness out there.

Just letting you know. And as I do my scans, it's a big wow for some of the things that I am seeing. A lot of froth and speculation, not to mention Bitcoin had another good day-to-day over the weekend and open nicely. today. And I saw somebody say, well, the guy from micro strategy says he will always buy to infinity. I don't think he used the word infinity, but I think he used the word like multi-millions. You get the point. We'll see if he's able to. But that's a bull market. That's a bullish phase. That's an uptrend, quite definable, with a lot of downtrends that are quite definable. And by the way,

NVIDIA may be one of those. It has not gone into what I'd say is the big downward stage, but it's certainly been what I would call in a topping phase as it looks like this second Broadcom has taken over the mantle that NVIDIA had for whatever reason and that's a little bit of the market bonds were flattished today the Fed is on Wednesday as we've tried to tell anybody would listen they don't matter they only matter when they printed to nine trillion bucks otherwise they usually behind they talk a game that they control things they control nothing absolutely nothing and that's your story on the market it rates a big wow

divergences abound bifurcation go look up the word abounds hope is eternal and picking up off of a president-elect who again love what he had to say today I couldn't really even ask for more

very presidential one of my big worries very presidential And if he comes in and just does his job and no retribution, just leave everything alone, hopefully everything will be fine. We'll just be watching the market very, very closely because valuations are in the trees and a lot of things are breaking down. Those that just watch on a broad basis would tell you, hey, don't worry.

but the Dow was down another 110 today while the NASDAQ was up 247 and the transports were down another 131 today while the NASDAQ was up 247 oh and the NASDAQ 100 was up 316 wow and yes we do know that $22 today was United Health and that was all the Dow

22 times 132. There's 140 Dow points again on United Health. But we think they're going to have some profit adjusting and we think that's what's at hand. Up next, this, that, and the other thing and whatever else. I'm Gary. This is the one only investor's edge. Hello, I'm Malcolm Gladwell, host of Smart Talks with IBM.

I recently spoke with IBM's new director of research, Jake Gambata. We discussed his for the future of quantum computing. At IBM research, what we always do is answer what is the future of computing, whether it's coming up with new algorithms, coming up with better AI, coming up with quantum, or coming up with just how do different accelerators go together. It's our DNA to answer the question of what is the future. Isn't it a perfect problem for IBM because you kind of need to have a legacy of building stuff?

Yes. Building actual physical machines. Yeah, it's why I came to IBM. I wanted the experience, the culture of building hard things that others have not done before. Where do you imagine we are in the timeline of this technology? There will come a point when it will mature. Right? My cell phone is a mature technology at this point. How far are we from that point with Conton? By 2029, we'll build the first Volt-tolerant quantum computer. That is one that can run a very, very large, large problem. To learn how IBM is building the future of computing, visit IBM.com slash quantum.

Hi, I'm Dr. Jake Goodman, host of Beyond the Script, the podcast where I sit down with pharmacists to answer the health questions you didn't even know you could ask at the pharmacy counter. In this episode, we are diving into gut health with CVS pharmacist Victoria Motola, who explains why so many of us live with. stomach issues, we should not accept as normal. A lot of what I see is just like chronic bloating, chronic stomach aches. Like I get a stomach ache every time that I eat. And it just becomes like a lifestyle where, oh, yeah, you know, I just, I have a 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 IHeartRadio. Listen now wherever you get your podcasts. On Deck is built to back small businesses like yours. Whether you're buying equipment, expanding your team, or bridging cash flow gaps, On Deck's loans up to 400,000. dollars help 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 OnDak.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 amount subject to lender approval. You're listening to. What are we waiting for? Well, what are you waiting for? One, two, ready, go. Action!

In the investors' edge. with Gary Culper. So, in case you don't know, I'm a workout junkie, even for my age, but, you know, I had the back spasm thing, and, you know, a lot of things dealing with. We are really back on it. And never lost our way, but we are brutally motivated to get. lean is all hell, muscular, strong. So we're going to let you know starting in the new year, we're going to be daily spending the one minute on my day in my gym.

And if you all want to follow, you should, because I got to tell you, as you get older, and it gets tougher. It just gets tougher. so we'll have the one minute workout minute each day like this morning woke up did a local television hit and did seven reps of back seven reps of tries i have a nice little universal machine here i did three sets of traps i'll make sure on the incline trainer for the day minimum 10,000 steps today. And the incline, the more inclined you do, the more you work off.

That was today. And by the way, the 17 exercises I did, 25 minutes. That's all it takes. Now, you may not have access to machine or stuff, but I got to tell you, pushups and sit-ups. Push-ups and sit-ups. Push-ups and sit-ups. They're fantastic.

And, of course, sit-ups does not get rid of your flab. That's diet. But push-ups and sit-ups. And pull-ups. If you can do pull-ups, because they ain't easy. So just letting you know, we're going to start doing that to inspire. Because I've got to tell you, I get a lot of emails, because I used to post it on Twitter all the time, and I just stopped.

well we're going to see what we can do and in case you don't know you can go on instagram there are so many people on instagram just giving it away free and i follow them judiciously and some of the things i fixed my back because of instagram between the pt i was seeing here and the ones that are on Instagram, I just started following their stretches and boom, I'm good. So just letting you know. But by the way, you got to stop drinking the beer and the alcohol and the big bag of chips and the eight slices of pizza.

Sorry, I gather I'm not popular anymore. That's okay. I wish I have a lot of in the news. but the big thing for me is just another failing from the Biden administration. It's a huge story about these drones, and it may be nothing. But there is no doubt people are being interviewed on all these stations. People are worried. How do you have drones in the sky at night?

Dozens of them, they're big, they're hovering over artillery areas. Where's the government? Where's the president? What the hell is he doing? Just step in front of the camera and say something. Not a freaking thing. He really is for me, and there's been bad ones, the worst. Monster deficits.

Monster. We're running now towards $4 trillion deficit this year because of Biden. monstrous amount of people coming through the border missing children transitory inflation giveaways I gotta tell you

my son has student loans that he's paying off he didn't get anything so pick and choose oh you can get money but not Gary's son? How's that? How does that work? Afghanistan, the women are back in the dark ages, his handling of the students, the Jewish students, horrible. Columbia and these sleaze-bag colleges are bringing in speakers that have applauded October 7th happening. They're insane.

President, nothing. I should just call him President nothing. Let's hope the next is going to be President something. I am liking what I hear. Let's hope he's not over-promising to under-deliver. Now, I've also been asked, if he does the right thing, doesn't the market have to go up? Nope. The market's pretty much trading a 25-time's earnings, and on average, it should, trades 17 times earnings. Huh? Oh, that's right. Other people say it's 23 times earnings. But the average is 17 times earnings. Well, can't earnings be strong and make that number lower?

Sure. We'll see. We're open to any and all. That said, we are going to continue to yell and scream what to avoid. and where the big money is flowing and when things change we will let you know and man oh man it is all over the map right now

per everything we've said on this show that all said you have a great evening drive carefully 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 TV tomorrow I'm not sure

oh well have a good nice everybody peace out bye bye-bye this has been investors edge with gary cult bomb on biz talk to listen to past episodes or to get in contact with gary go to gary k dot com that's gary k dot com success starts with your drive and 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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