Investor's Edge with Gary Kaltbaum - WEEK IN REVIEW [10.11.2024]
Episode Date: October 11, 2024https://garykaltbaum.com/...
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Investor's Edge with Gary Coltbaum. Straight talk about you and your money. Now from the BizTalk
Studios, here is Gary Coltbaum. 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 Friday, October 11, 2014. For starters, for those who celebrate,
As you know, I am Jewish.
Tomorrow is, well, tonight, tomorrow is the big guy, the big one.
Be well, easy, fast, and all that.
But first, well, that's first.
But second, we have lots to cover, lots to talk about.
We'll talk hurricanes, markets, election, whatever else comes to mind.
And if you don't get this show in your city, we'll post it at garyk.com.
We'll post it on our Twitter feed, which is now X.
And if you don't follow us on X, you should.
If you want to email me, just got to be nice.
That's all you got to do is be nice because we're nice back.
And that's that.
And in case you don't know, this is Investors Edge.
Serious talk on everything that matters to you.
And we pull no punches.
So we just want to start out on back home.
We lost power for like a day and a half.
Back on.
I'm going to make a couple of statements.
Number one, I'm a big believer that great leaders show passion, knowledge,
and the ability to communicate naturally that passion and that knowledge.
in whatever they do for a living.
I think it's as simple as that.
And of course, actually not so simple.
I have to give applause to the governor of Florida.
Ron DeSantis showed passion,
unbelievable knowledge of everything having to do with the hurricane
and communicated it so well in his,
I don't know if they're press conferences,
but he was on TV a few times a day going over things.
And the one thing that stuck out for me,
he really showed without having to say it.
And that's important.
He really showed without having to say
that his number one thought was the safety of,
the citizens. So big applause to him, and that is not a political statement. It is pure what I saw
on the ground. And as you know, we pull no punches either way on the so-called leadership out
there. I loved the little things. Safety. Don't be walking in water because you don't know
down power lines. Generators. They're not to be in your house.
They have to be outside because of carbon monoxide.
Driving.
Watch out, especially for lots of water.
And I can go on and on.
And he was just, I felt he was so effective in how he did it.
And if I was a governor, I would want to watch back a bunch of how he handled things.
Simple as that.
We're not going to touch upon.
There was a little tiff.
with the vice president.
We don't need to touch upon it at this point in time.
He put her in her place trying to make things political while people are dying.
The hurricane, as best as I know it, there were more deaths from the tornadoes
because you can't prepare for tornadoes.
You can get the hell out of the way of the hurricanes.
Amazing. As I drove around, at least central Florida, a lot of debris, a lot of branches, a lot of trees, did not see a lot of building damage at all.
So we dodged one. And as I said, I was on TV today. I said to Neil Cavuto, just 200 miles before the hurricane hit.
It was a cat five, more than gus of 200 miles per hour.
If we did not have a cold front and this shear, it's called a shear,
holy crap, there's damage on the West Coast, and we'll know a lot more in the days ahead.
But holy crap, if that sucker came in as a cat five, I can only imagine.
So another hurricane passed.
That's all I can tell you. Yay.
I'm always being asked about Florida and hurricanes.
The issue is pretty simple as far as Florida goes.
Our geographic location just puts a bullseye on us.
If you think about it from the panhandle all the way down the west coast,
all the way down to the bottom, which is Key West,
come around all the way up the east coast, into Georgia and the rest of the eastern seaboard,
we're just prone.
And these suckers start out in Africa and come all the way across.
This one a little bit different in the Gulf and came to the ralph.
We're kind of like sitting ducks.
But we're used to, I hate putting it in this way, but we're used to them.
And we know how to prepare.
And we know how to recover.
It's still no fun either way.
And that's a little bit on the hurricane for you.
Next, I'm going to go a little bit.
Yeah, we can segue now.
We'll do the overall market in a little bit because we do have lots that we can talk about.
Tesla.
So overnight, they held a whatever for their robo taxi and their robo vans and this and that.
and I will tell you, I'm on Twitter a lot, and I'm on with X because I get pushed to me from certain outfits, people I want to read.
And when I'm on there, all I can tell you heading into last night and Tesla, everybody was bullish on Tesla.
Oh, this is going to be big stuff.
I said, okay, terrific.
Let's see what happens.
Tesla was down $21 today
Got hit hard
On volume
And we can go through reasons why
Whatever
I'm thinking the main reason is
They're talking 2026
And as you know
You know what I think of Robotaxis
I don't think they're going to
Ever proliferate even though I do know
There's the Waymo's out there
I can tell you I'll never get in one
Hell no
What was that movie with our
Arnold Schwarzenegger, Total Recall, the Johnny Cab.
Ain't happening.
Gary not doing it.
I get pissed off enough at regular drivers.
So Tesla got smoked today.
That's why you got to be careful about these things and thinking everything's going to be a-okay.
I never ever want to go against Elon Musk.
I think he's one of the greatest entrepreneurs of the last bunch of decades.
Oh, Starlink.
SpaceX is a killer, man.
Wow.
And Starlink, he's doing great things.
And of course, Tesla and the electric vehicles.
I just don't know about this robotaxy thing.
And we'll see.
I can be wrong.
But I think what happened was 2006.
Next thing I want to cover, crypto.
Just letting you know micro strategy, which is pretty much a Bitcoin hedge fund these days.
That sucker is basically the new high ground.
while Bitcoin's not even close, which is kind of weird,
but you had a figure Bitcoin would come on.
So Bitcoin had a pretty good day, but Bitcoin is just sitting,
let's see, March, April, May, June, July, August, September.
We're now in the eighth month of range,
and you're not even really in the middle of the range,
but I'm just letting you know micro strategy.
Just broke out on volume today,
broke above the March high,
which gives us thought process,
well, is the Bitcoin going to do the same?
same. Answer is, don't know. We're just reporting to you that micro strategy is doing its thing
and, uh, wow. But I must tell you straight out, it is not for the faint of heart. It is a
fast moving pain in the arse. So just up front, but I had to get that out because
it's a Bitcoin hedge fund. Next thing, JP Morgan.
Wells Fargo and Black Rock reported earnings.
If I told you, J.P. Morgan's earnings were down 4%.
It was up nine and a half bucks today.
Not at the new high, but getting close.
Was up, I think, 12 at one time.
Wow, that's a big move for a J.P. Morgan.
Up BlackRock, symbol, BLK.
Earnings up 5%.
was up 35 bucks today, 3.6%.
What does the market do if financials are rolling?
That's up next.
On this, the one only Investors Edge.
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Those limited edition sneakers? They stay. And yes, there's room for your childhood teddy bear too.
Need to organize a walking closet? The Pax wardrobe lets you customize shelves, rails, and compartments,
so every item has a home. Too many clothes and not enough drawers. The Stork Lint has six-door
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At the time,
I've learned
some things,
like the value of
the family,
the importance of the
job, and that the
99% of
the people of
more of the
people that
has the virus that
cause the
Culebriya.
Although not
all the
people in
risk it
will be
the eruption
don't knowos
with ampollas
duros
years,
making that
even the
things
are all
a lot
not learn
to learn
the
Culebrilla
to the
way
the
doctor or
pharmaceutical
patrocinoed for GSC.
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.
And welcome once again to Investors Edge.
And Wells Fargo reported a 2% drop in sales.
They've had no growth in sales in the last year.
earnings were up a whopping 2% stock was up 6%. So just letting you know we're not telling
you to buy sell shorter cover the exchange traded fund for the S&P Financial Select
sector index the XLF breaks out of range today with volume XLF the KBWB this is the KBW
NASDAQ bank index breaks out above
range and a pretty good looking range, nice tight range above the highs. Banks. Now next week,
oh, Bank in New York reported also. That's been a strong bank. That did nothing today.
I got news for you. Next week is Bank America, Citigroup Goldman Sachs.
Even with them reporting next week, Bank America, up 5% today. Breaks above a little range,
not the highs. City Group breaks above a little range.
Not the highs, though.
Goldman Sachs up 12 today, 2.5% in the great-looking range entering earnings next week.
So we'll see if they decide to move out also.
If they do, that'll be good stuff.
Between Goldman and J.P. Morgan today, $22, they move between the two of them.
I take my little calculation.
later, which is kind of like an abacus, 22 times 6.78, that's 150 Dow points, just those two names.
Oh, wait, add an American Express, which is a financial also. That's another 39 Dow points.
And guess what the Dow did today? Up 410, a little less than 1%. S&P up 34 to 5815.
The NASDAQ, NASDAQ 100 definitively underperform today, but still some good action in some names.
Transports up 339, very nice move in the transports, and I got news for you.
They're teasing a big breaker.
The IYT is the ETF for transports, but it's not exactly like the transportation index, but that's
getting close also, the transports, and I'll go through them later tonight.
Those truckers, rails, the FedEx UPS, which by the way of two very weak stocks,
but there are other things going on.
And just a good overall market today.
Not much I have to complain about.
Remember what we said Wednesday on the show?
We thank Adam for doing the show yesterday.
On Wednesday we said the S&P is breaking out to the yearly highs.
And when you have the major index breaking out to yearly highs,
it usually feeds on itself.
And guess what we are getting?
A major index feeding on itself and had another very good day today.
Simple as that.
The boo birds should stop booing.
until we tell you otherwise.
And do not forget when we go into a bare market,
not if we will be ready for it.
But this thing,
you get excellent reactions,
excellent reactions on financials, banks,
that had crappy numbers.
And as we have said to you,
you know, we have these little mantras about markets.
when good news is sold, you're in a bad market.
When bad news is bought, you're in a good market.
Now, I'm not saying this was bad news, but it was pretty much pedestrian, these numbers.
So the financials, and I will tell you next week, you got a bunch more.
Next Monday, I take it back Tuesday.
Bank America, Schwab, Citigroup, Goldman Sachs, PNC Bank, State Street,
That's just Tuesday, Wednesday, Morgan Stanley, Synchrony Financial, U.S. Bank Corp, Discovery Financial.
Thursday, Blackstone, Key Corp, M&T Bank, Travelers, Truest.
That's the old SunTrust.
Still don't know why they didn't keep the SunTrust name.
It's so much nicer than Truist.
Comerica and American Express.
So it's going to be another big week for the financials.
We'll see how that goes.
And in the subsequent weeks after that will be all the big machas and technology.
The apples, the Googles, the Microsofts, the Amazon's, and all that stuff.
But just a very good day.
And I'll tell you, since last November, we've been riding up the S&P pretty much 80, I'm going to say 80% of the move to the upside.
We sold twice when we went into correction, rightfully so, because you never know if a correction is going to turn into a due.
And when we turn back up, we jumped in.
And we're still in it as of right now.
And if that changes, we'll let you know.
But I can pretty much tell you, if the financials don't gag, it's going to be tough to gag the S&P.
Because I'm not seeing a lot of other damage anywhere else.
So that's the financials for the day on their blah numbers.
yields back down a little bit today.
Terrific.
Oil prices back down a little bit today.
We own gold and gold up very nicely today.
And in fact, gold pulled back right to important support,
one of the big moving averages, the 21 day that we followed,
and bounced pretty darn well.
And the gold miners on Wednesday, well, yesterday,
popped right off the big 50-day moving average.
We still think the metal is better than the miners,
and we're stunned.
Years past, the miners always outperform the medal by miles,
and now I hardly even touch them.
And until that changes, no thank you very much.
Now, the main question we get from the audience,
right now. How's the market going higher? Debt and deficits? War? An unknown election with two polar
opposites, we think. Inflation. And may I state for the record, I don't care what Jay Powell
tells you. Let me give you a few little tidbits. If I can find that I
know I have it somewhere.
I'll find it.
I got some numbers on inflation for you that I think are import.
I got so much paper on my desk.
I don't even know where to start.
I'll find in a minute.
Consumer, up to their necks in debt.
We're hearing that write-offs,
or people not being able to pay their monthly nuts,
are it's getting troublesome. How's the market going higher?
Answer, I don't know. How do I feel about it? Don't care. What do I do? I watch the market.
Speaking of the market up next, we'll do more of it. And lots more. I'm Gary. This is the one only investor's edge.
Ever feel like your bedroom's running out of space? Here's the good news. You don't have to sell your favorite things to make space.
With IKEA bedroom storage solutions, dressers, wardroves, full closet systems, even storage boxes.
You can hold onto it all.
Your vintage band teas? Keep them.
Those limited edition sneakers?
They stay.
And yes, there's room for your childhood teddy bear too.
Need to organize a walking closet?
The Pax wardrobe lets you customize shelves, rails, and compartments, so every item has a home.
Too many clothes and not enough drawers.
The Stork Lint has six-door dresser is perfect for denim, sweaters, and every single.
and if the kids are taking over your space, Trobefast storage boxes make sorting toys
and art supplies easy and clean up fun. From primary suites to playrooms, IKEA has storage options
that adapt to your life and help you keep what matters most. Don't sell anything you love, store
instead. Shop IKEA Bedroom Storage today at IKEA.us slash bedroom storage.
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. You bring the fire, APU will fuel the journey.
Learn more at APU. APU. APUS.edu.
At the time,
I've learned
some things,
like the value
of the family,
the importance
of the job,
and that the
99% of
the people
of the most of
the virus
that causes the
Culebriya.
Although not
all the
people in
risk,
I do you
see the
eruption
dolorosa
with ampollas
duros
and so
that even
the
things
are all
a lot
so you
don't
learn
about
the
this
the
doctor or
pharmaceutical, patrocinoed for GSC.
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.
It comes highly recommended.
You're going to feel better if you talk to him.
Welcome once again to Investors Edge.
A stock that I have been stalking for weeks and weeks is Uber.
and they gapped it up today.
I still do not own it.
They gapped it up today because when Tesla announced,
oh, they're a couple of years away from the robotaxies,
I guess a relief,
and they just popped Uber today on 250% increase in volume
and broke it out above February and March's high.
That has to be owned by me.
But I held back because they gapped it up
and finish pretty well.
If they pull that back towards 83, 84, you'll know it, I'll be in it.
I got to mention Uber, so cause and effect there.
I was mentioning inflation.
In the last month, while they are telling us, inflation's down.
Last month.
Up 30% sunflower oil, natural gas, 25%.
This is a day and a half old.
Propane 25%, iron ore 23%, sugar 20%, beef,
19% rubber 16% steel 15% oats 14% palm oil 13% zinc 13% something called naphtha 12% that has something to do with oil nickel 12% tin 10% aluminum 9% but don't worry there's no inflation so how can the market be going up because it wants to and as you know we are interpreters of the market and that's it and if the market's too expensive
and it wants to come down, eventually it'll show it to us.
You know how it shows it to us?
Well, it wouldn't be financials breaking out to new highs.
How's that?
They would be gapping down a few percent.
That's how bare markets work.
I've been mentioning often, there's no big recession.
How do we know there's no big recession?
Well, Caterpillar wouldn't be near highs.
United Rentals wouldn't be near high.
W.W. Granger and I saw no news today and maybe this has to do with the hurricane
was up 60 bucks today to 1,085 on a hundred percent increase in volume.
You know what they do? Lighting and plumbing. Recession my arse.
Do you know how we know when we'll be in a big recession? These stocks would be crumbling.
Do you know how we know this?
We've studied every market before recessions occurred.
And markets will move before the recessions already announced.
That's how it works.
And yeah, I know there's some pockets of weakness out there.
It may be your industry.
But overall, it just ain't happening.
And then you combine that with the moron at the Fed, easing monetary policy.
before an election.
When the market's
it highs and the economy
is okay?
There's nothing political there.
Not at all.
I have to bring up
bull crap.
A little segue here.
I watched a bunch of
climate nuts on
TV. They never
stop. No one ever
asked them.
You keep saying it's climate change and we've got to do
something about it. What do you want to do about it? Nobody's ever asked them that. And I heard one of
them say, got to do something about these hurricanes. They're worse than ever. And I'm thinking,
why isn't anybody asking, what, you think you can stop a hurricane? Nobody ever asked those simple
questions. But I want to let you know in case you come upon these bull crap artists, and they are.
They're insane.
Remember, there is a cottage industry out there of creating a crisis and coming after the wallets.
I've got the info.
There have been a total 2800 hurricanes that have had landfall in Florida since like the beginning of the time.
Three of the top five were before 1940.
17 of the biggest ones occurred more than 60 years ago.
higher intensity
but they go in front of the TV
and say they're worse than ever
and they don't get
cold on it
we just want you to remember
people like Al Gore or con artist
I would say it to
his face
he's worth like a couple
a hundred million bucks
a lot of it off this stuff
he made movies
telling us in 10 years
we're doomed
17 years later, are we doomed?
No, we're having hurricanes because they're normal.
It happens.
And there's nothing to stop them.
What?
John Kerry.
You know how many times he said five years from now, the ice is going to be gone?
Yet he flies private jets.
One flight of his private jets is like ten.
years, probably 20 years are you driving your car? And he just shoots the middle finger back at you.
Well, I've got to do it because I'm working for you. Up yours, pal. So I just want you to remember this.
They took 350 billion of our tax dollars this administration handed to a lifelong Democrat hack
named John Podesta to dole out for climate. And we have not accounting of one free
We just need you to remember this. Because when we're bankrupt and all hell breaks loose,
you'll remember who are some of the culprits. Do you know Janet Yellen? Our Treasury
Secretary that's supposed to care about your dollars has been proposing worldwide taxes
to fight climate. Yes, let's pay other countries.
they're psychopaths
they're control freaks
we want you to remember this
they're out in droves the last two days
and I'm laughing my arse off at these people
and they do it with a straight face
by the way they have all the information
I'm telling you here about hurricanes and the intensity
I remember ages ago there was Hurricane Camille
it was a disaster
Andrew! That was a nightmare.
Ages ago, we go back ages.
They're not any bigger or any smaller than they were 200 years ago,
but they'll swear on a stack of Bibles.
And then while you're not looking, their hand is in your back pocket,
taking your wallet, they don't give a crap about you.
And we want you to remember that.
these people are the enemy
they want taxes rules regulations
fees fines mandates
control
do you know how many times
they've tried to get rid of your car
to buy into electric vehicles
you have to
while they get on their private jets
I want you to think about that
and we hate having to bring this up
but it really matters longer term
maybe not yesterday
but longer term their squad
us. We're headed to $60 trillion of debt, maybe $70 in the next 10 years. God only knows.
And it's all on their backs. Not ours. We keep sending them more and more money every year.
And every time we send them a dollar, they spend a buck 50. So we want you to remember this. And these are not political statements. We think they all suck.
one's worse than the other.
So I just wanted to bring this up because we bring you the facts.
And if you don't believe us, that's fine and dandy.
Go look them up for yourself.
Oh, and by the way, the waters in the Atlantic have been cooling
and the ice sheets have been growing leaps and bounds.
Really?
Up next.
This, that, and the other thing, or whatever else.
This is the one only investors' edge.
Ever feel like your bedroom's running out of space?
Here's the good news.
You don't have to sell your favorite things to make space.
With IKEA bedroom storage solutions, dressers, wardroves, full closet systems, even storage boxes.
You can hold onto it all.
Your vintage band teas?
Keep them.
Those limited edition sneakers?
They stay.
And yes, there's room for your childhood teddy bear too.
Need to organize a walking closet?
The Pax wardrobe lets you customize shelves, rails, and compartments.
so every item has a home.
Too many clothes and not enough drawers.
The Stork Lint has six-door dresser is perfect for denim, sweaters, and everyday essentials.
And if the kids are taking over your space,
Trofast storage boxes make sorting toys and art supplies easy and clean up fun.
From primary suites to playrooms,
IKEA has storage options that adapt to your life and help you keep what matters most.
Don't sell anything you love.
Store it instead.
Shop IKEA Bedroom Storage today at IKEA.us slash Bedroom.
Storage.
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.
You bring the fire, APU will fuel the journey.
Learn more at appu.apus.edu.
At the
50,
I've learned
some things,
like the value of
the family,
the importance of
the job,
and that the 99%
of the
people of the
people who
cause the
Culebriya.
Although not
all the
people in
risk,
it's a
risk of
the
show show us
during the
after the
times,
making that
even the
things are
all the
problem
about the
Culebrilla
to the
way
to the
doctor or
pharmaceutical,
patrocinated
for GSC.
You're listening to
What are we waiting for?
Well, what are you waiting for?
One, two, ready, go.
Investors Edge with Gary Culper.
And welcome once again to Investor's Edge.
So, I was one of the few that said that Trump was going to beat Hillary Clinton.
I was one of the few that said if Trump keeps it up, he's going to lose to Biden.
though I did not have a very good feel going into that election.
Very tough to tell.
And of course, you had the COVID.
I'm just letting you all know, and we think we have a very good feel here.
You know why.
We don't have a bias.
And we don't care about polls.
We just have a good feel for things.
We are letting you know as of this second,
we think Trump's going to sweep all the important states.
or get very close to sweeping them,
and he will be the next president of the United States.
Now, of course, we have almost a month left,
and that could definitely change.
And it's always about turnout,
but I'll tell you what I am seeing.
Regardless of the media lying to you,
the energy for Kamala Harris is not there.
And when I mean that, oh yeah, you know, there's people.
but in order to win these elections you really need energy.
I don't think it's there.
I think the energy is with Trump.
And I'm not just talking about how many people show up.
I just have a good feel for these things.
That's number one.
Number two, she's a terrible candidate.
She's a terrible candidate.
and the reason why she's a terror.
And remember, while we say this, you know, I am no Trump fan.
You know how I feel about him.
I pull no punches.
But I'm a big believer.
Do you know when you, if you lie, you forget about your lie, and then you've got to cover up your lie,
and then if you found out about your lie, you get the reputation of lying,
they've created a whole new person
in Kamala Harris.
Kamala Harris.
Very tough to say that name.
Of course they say you're racist
if you say it wrong.
They've created a whole new person.
And more importantly,
they've created a whole new belief system
of this person
for an election.
While she says
her values haven't changed.
And I ask,
the question, your values haven't changed, but every one of your stances have changed and
move towards the middle. So which is it? Are you lying or not? And I really believe her belief system,
her real belief system comes out. When she's doing all these interviews, she doesn't answer a
freaking question. And the reason why she doesn't answer specifically the freaking questions is because
if she did, you know when you can look in a person straight in the face and tell their line?
That's why. You can't tell me that you were defunding police and now you're not. You can't tell me
you wanted a, she's on video. She wants to confiscate guns.
Now she doesn't and all of a sudden I own a Glock and I go to shooting galleries.
You can't tell us you're for closed borders when for three and a half years you opened them with your laws and your regs.
But now you're running ads with a wall.
But you're saying your values haven't changed.
I think all of this BS is coming out.
and it's in every one of her videos and her interviews.
There's nothing there in her interviews.
I actually bored the hell out of myself by listening to a bunch of it.
The Stern interview, the CBS, the 60.
There's nothing there.
It's like asking somebody, so what's two times 10?
and they answer it with
well it depends what you mean
and what you're multiplying
are you saying
two times 10
sandwiches or two times 10
automobile
I don't know what you mean
what do you mean what what what
there's no answers
if you ask me what I am for
with immigration
I would say simply this.
We need to stop the border from being open up.
We are going to put back the rules and regs about staying in Mexico.
We're going to arrest if you come over.
But we are going to look at the legal immigration and see where the faults are.
And maybe we can do better with that because we love immigrants.
They're great for this country.
there's an answer.
Do you notice not one of these
freaking interviewers are asking her about
her tax proposals?
Hey Kamala, what do you want to do
with taxes? Oh, well, we're going to raise
long-term capital gains. We're going to have an
unrealized tax, capital gains tax.
We're going to get rid of the Trump tax cuts. We're going to raise the
corporate tax. We're going to have an investment tax higher
than... No one's asking.
And that's why she's not doing an interview.
with me. And of course, what's my answer? We're going to keep your taxes low. We're not raising
the taxes, if anything. We're going to lower them, and we're going to streamline the government.
That way we can fund the government and balance the budgets versus run $2 trillion deficits.
There's none of that. And we think that is entering the fray now. And we think Trump is pretty damn good ahead right now.
We'll let you know if that changes. Hey, you all have a blessed weekend.
Is that okay to use the word blessed?
I heard some lefty say using the word blessed is bad.
Drive carefully when you get home, do like we do.
It's quite simple.
Make sure you hug your family.
Make sure you hug your children.
Happy Yom Kippur.
I believe Columbus stays Monday, but that's not a holiday for us.
We'll be back.
Take care all.
Thanks for joining.
Thanks for your well wishes during the storm.
Good night all.
Bye-bye.
This has been Investors Edge with Gary Coltbaum 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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