Investor's Edge with Gary Kaltbaum - Yields Spiking Again!

Episode Date: October 20, 2022

Follow Gary on GaryK.com or http://garykaltbaum.com

Hey, it's Ryan Seacrest for Albertsons and Safeway. It's stockup savings time now through March 31st. Spring in for store-wide deals and earn four times of points. Look for in-store tags to earn on eligible items from Celsius, Body Armor, ORAIDA, Silk, Capri-Sun, Bavarian Meets, and Charmin. Then clip the offer in the app for automatic event-long savings. Stack up those rewards to save even more. Enjoy savings on top of savings when you shop in-store or online for easy drive-up

and go pick up or delivery. Restrictions apply. See website for full terms and conditions. Investor's Edge with Gary Cultbaum. Straight talk about you and your money. Now from the BizTalk Studios, here is Gary Cultbaum. And welcome once again to Investors Edge. I'm Gary Coltbaum, your host.

A thanks for being with us today. Glad you're here, ladies and gentlemen, happy that you are listening. It is October 20th. My father, Herbert, no middle name Coltbaum, but had the nickname of coffee for obvious reasons. Turned 91 years old today. Self-sufficient, cooks his own meals, wines about Washington, D.C., yells and screams about the giants,

well, they're happy about the giants this year, and the Knicks gave up the keys to his car, just nine months ago, in spite of me pressuring them for two or three years, it took that long. My father's 91 years old. Amazing. My mom, 88 years old. I put two pictures up, one when he was in the Navy, and one from a few months ago wearing his giant shirt. You can see that on Twitter. If you want to post a little happy birthday go right ahead it's on my Twitter feed 91 and the good news a refrigerator will be delivered very soon to their house we finally had outcome as they say yes outcome as I told you it took an email to the president's office as well

as the vice president of customer experience at Home Depot took them one hour to call me and get everything done. Yay. Anyway, so big happy birthday to my father. You know how I want to start today? Something we warned you about how many months ago? The housing market. We've seen moves in markets. that we call outlier moves. They are moves beyond the norm. There's usually a normal ebb and flow in markets, whether it be stocks, countries, indices, bonds. We warned you. We warned you.

We warned you that the biggest bubble and distortion was in the bond market. Why did we say that to you? Because one man and his whims, think about that. You have this bond market. It's trillions of dollars of buying and selling from real investors, traders, and speculators

both here and around the globe. And one man stuck his greasy, grimy, sleazy, slimy hands in there by printing up to $9 trillion of conjured up money to interfere with those prices and yields. We warned you that there would be a day

and we use this terminology, we use this phrase. There will be a day where the middle finger comes out right back at him, but we'll end up being the Victims. And man, oh, man, oh man, did we get it. We are getting smoked right now. Absolutely smoked. And the unwary homebuyer of a year ago is going to get crushed, especially in the bubbled up areas. Because remember what? what we said, every price, every asset price, every data point, every statistic, every economic statistic, everything was addicted to and living off of one man's whims, not the market. Remember, when you get a mortgage, it's supposed to be off of something called the 10-year yield. That's what it moves with.

But this guy printed trillions and spent that fake money on buying up and taking yields down to hardly anything, which bubbled up prices to what I call mirage prices because there's no way they were going to last. because of mortgage rates bare bones to the point where it was almost free money to borrow to buy homes at the most unaffordable level we've ever seen.

And once that middle finger got stuck out, the exact opposite happens. Number one, the unaffordability on price by the average human being is bad enough. A home that was 200,000 now going for 400, costs double the money. But if it was only up at 400 because bubbles,

it's going to come back to who knows where. So for starters, you're buying up in the trees. But you're buying in the trees because mortgage rates because of this man were down under 3%. In fact, 2.8%

in July of 21. So combined the middle finger and that is the two higher prices on the upside, a mirage, with the rigged and manipulated yields on the downside and that 2.8 mortgage before today is 7.15.

Do you know what that means in payments? Gargantuan. Especially 30-year mortgage. Gargantuan. And what's happening because of the unaffordability at the high and now the unaffordability at highs on the mortgage? Ain't nobody buying squat. everybody's watching

prices coming down and instead of when the bubble was going saying if I don't buy today I'm going to pay more tomorrow so I am buying today you know what everybody's saying right now I ain't buying today because it's going to be lower tomorrow and guess what that does it feeds on itself

the vicious cycle but that's before today it was 7.1 in change yield on the 10 year again today went up another stick today We're going to be at 7-3, 7-4. In my greasy, grimy hands, you know what I have?

I have this little book, The Barron's Financial Tables for Better Money Management. It's mortgage payments. I've had this book, I think, for 30 years. I found it during a move. I couldn't believe I found it. Do you know where it started? At 8%.

The first page, monthly payments, 8%, because just so you know many years ago, that's what mortgage rates were. In 2000, it was 8%. In 95, it was 8%. In 94 was 8%. It was 9% in 92. We had the real big spike because of inflation in 81,

but that was somewhat of an anomaly. The middle finger has been shot. This book started 8%. 8% you know why? Because that was the norm back then. This book was from the early, I think, mid to late 80s. There was nothing of 4% mortgages, 5% mortgages, 3% mortgages, until these sleazy, slimy, greasy, grimy, playing God with markets, central bankers started with their crap. And now look at it. Another stick. yields went up today another freaking stick and every day I go on zillow and realtor.com. I don't need to go on any others.

And up next, guess what I'm finding? That'll be up next. Today's market. Much more. I'm Gary. This is the one only Investors Edge. Hi, I'm Gary Kalpom. hosted a nationally syndicated radio show Investors Edge.

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Hello, hello, I'm Malcolm Gladwell, host of the podcast Smart Talks with IBM. I recently sat down with IBM's chairman and CEO, Arvin Krishna. And I asked him, how can companies use AI to its fullest potential to create smarter business? My one advice to them, pick areas you can scale. Don't pick the shiny little toys on the side. For example. If anybody has more than 10%, you know, of what they had for customer service 10 years ago,

they're already five years behind. If anybody is not using AI to make their developers who write software 30% more productive today, with the goal of being 70% more productive. So we are not asking our clients to be the first experiment on it. We say, you can leverage what we did. We're happy to bring out all our learnings, including what needs to change in the process, because the biggest change is not technology, is getting people to

accept that there's a different way to do things. To listen to the full conversation, visit IBM.com slash smart talks. Hey, it's Ryan Sechrest for Albertsons and Safeway. It's stockup savings time now through March 31st. Spring in for

store-wide deals and earn four times of points. Look for in-store tags to earn on eligible items from Celsius, body armor, or aida, silk, Capricon, Bavarian Meats, and Charmer. then clip the offer in the app for automatic event-long savings. Stack up those rewards to save even more. Enjoy savings on top of savings when you shop in-store or online for easy drive-up and go pick-up or delivery.

Restrictions apply. See website for full terms and conditions. It's time to switch on the integrator units and get the brain cells working. You're listening to. Hey, this promises to be fun. Investors Edge. The last bastion of quality programming. With Gary Coltbaum.

It doesn't get back. And welcome once again to Investors Edge. So here's what I'm finding every day on zillow and realtor.com. Lots more inventory. Pending sales not happening. And the bad, ugly arrow, price coming down. The vicious cycle. I told you on this show, November of 21, I sold my real estate.

It was too easy to sell. prices went Eiffel Tower. And now the other side of the Eiffel Tower. The only thing we don't know, how far it goes, how bad it gets. But you know what being told by, guess who? The real estate industry. Like the real estate industry is ever going to tell us anything's bad with the real estate industry. You know what they're telling us now?

Oh, don't worry. It's not going to be like before because there's a lot more cash and less people with mortgages. No, there isn't. That's number one. But number two, what they don't understand, fear and greed. Greed and fear. And the rigging and manipulating a market by one man and his lemmings, both here and around the globe, that still has a freaking job.

This miserable failure. The most important person on earth is not Joe Biden, Jay Powell, and he's a miserable failure. Nothing personal. Again, I'm sure he's a nice man. Good husband, father for all I know. I couldn't care less. He's a public figure that is destroyed.

The markets, free markets, price and yield, and now the outcome. Anybody who bought the bubbles is being destroyed. The bubbles created by Mr. Bubble. Anybody who bought real estate and house. houses last year. Getting destroyed. The NFTs we warned you about. I just saw a story where somebody who bought one of these stupid NFTs for two and a half million bucks put it up for sale, couldn't get 200 bucks. That's not a lie. This is a true story. Another bubble. The coins.

Have you seen the coins? They're not even really trading now. All the other bubbles have popped. and yields were up another stick today. And I got to tell you, the market really wanted to go higher today. Me, as somebody watched the markets all the time, I'm thinking to myself, boy, this market wants to go higher. We had this big reversal last Thursday and better action. And markets were up nicely again today. And then yields.

The competition for money skyrocketed again. A whole stick, and what is a stick? It went from 10-year 4.126 to 4.226. And I don't know if you know, but that's a lot. And the problem is the imbecile. Jay Powell's still at three. Everybody keeps saying Jay Powell needs to stop. Don't raise rates.

Nobody wants to listen to me, who's got it right all the way. He doesn't even matter anymore. Why? Because when the 10-year went up a stick today, your mortgage rates went up. While he's sticking his finger up his nose. And people on Wall Street, all they want is easier money. That's going to save the day. But it's not going to save the day now. Because the markets are yelling and screaming him, dude, you're behind.

And the only way to get him down. You know how he can get that 10-year down again? he's going to have to print trillions of more dollars. But if he does that, guess what happens? Inflation, which vicious cycle. And that's what's going on here. And today the market's up nicely, really wanting to go higher, a better reaction on some semiconductors and semiconductor stocks are up.

Dow was up 300 and changed NASDAQ, I think, almost 200. The socks was up strong today. Everything's going good, and maybe we're going to get some upside test. and we reversed. And amazingly, even up a stick. Before last Thursday, we'd have down 500 today. We weren't down that much. But a pretty good reversal, and you know what got hit the most today, you know what that is.

What gets affected most by higher rates? Consumer. Retail got smoked again today. The housing got smoked again today. Housing related got smoked again today. discretionary crap like restaurants and hotels and things like that got smoked again today on top of being smoked already autos smoked again today and there it is for you in a nutshell the explanation of what's going on what's happened we called this two years ago and we don't get called by anybody for any

interviews you know we're on fox but even that we've been yelling and screaming at this we feel like we're They're yelling and screaming at the clouds. Everybody's talking to central banks. They're nobodies. They're like plankton in the sea. They're nothing right now. The bond market is giving them the biggest middle finger. The bond market's given Jay Powell a colonoscopy.

And everyday interest rates go up is another bad day. Not for him. For us. And unfortunately, ladies and gentlemen, They don't know what the hell they're doing. They don't have a clue. They don't shut up. All day, every day.

As we told you, we have this rolling screen of everything the Fed says. All day, every day, they don't shut up. It should be a song. All day, every day, they don't shut up. All day, every day, they don't shut up. And they have no idea what they're saying. Imagine. Imagine you're zero for 100 on your predictions,

and you're still telling us what's going to happen next year. Some are telling us what's going to happen in 2004, and I bet you they don't even know what the date is. And these are the most important, powerful people on this freaking earth. And you wonder why we're seeing what we're seeing.

And remember, Wall Street again, they just want easy. Come on, come on, come on, get things better. Wall Street doesn't care for that's bad. When they were so easy in creating bubbles, do you think Wall Street cared? No, they were getting big fees on crap. Spacks.

You know, the SPAC business is over. over and done. The head SPAC guy who sold out and made billions, giving you all the middle finger, is done. Spacks. Up next, today's market. And happy birthday to my dad. This is the one only investors said.

Hello, hello, I'm Malcolm Gladwell, host of the podcast Smart Talks with IBM. I recently sat down with IBM's chairman and CEO, Arvin Krishna. And I asked him, how can companies use AI to its fullest potential to create smarter business. My one advice to them, pick areas you can scale. Don't pick the shiny little toys on the side. For example,

if anybody has more than 10% of what they had for customer service 10 years ago, they're already five years behind it. If anybody is not using AI to make their developers who write software, 30% more productive today, with the goal of being 70% more productive. Yeah. Wow. So we are not asking our clients to be the first experiment on it. We say, you can leverage what we did. We're happy to bring out all our learnings, including what needs to change in the process,

because the biggest change is not technology, is getting people to accept that there's a different way to do things. To listen to the full conversation, visit IBM.com slash smart talks. Hey, it's Ryan Seacrest for Albertsons and Safeway. It's stockup savings time now through March 31st. Spring in for store-wide deals and earn four times of points. Look for in-store tags to earn on eligible items from Celsius, Body Armor, ORAIDA, Silk, Capri-Sun, Bavarian Meets, and Charmin.

Then clip the offer in the app for automatic event-long savings. Stack up those rewards to save even more. Enjoy savings on top of savings when you shop in-store or online for easy drive-up and go pick up or delivery. Restrictions apply. See website for full terms and conditions. So what do this animal... And this animal? And this animal?

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difference. We're listening to. America is talking. Investors edge. He's got to be pleased with that. The crowd is just on his feet here. He's a Cinderella boy. With Gary Colbomb.

It comes highly recommended. You're going to feel better if you talk to him. So, today's market wrap, my father's birthday market wrap, is brought to by Investment Dash Models.com. That's Jim Rohraback, one of the great market timers. No gray areas with the man you're either in or out of the market. with his proprietary indicators, go check it out. Investment-models.com.

The numbers don't sound bad. The Dow was only down 90. S&P down 29. NASDAQ 65, NASDAQ-156. The transports were down 325, though. And do you know why? Union Pacific came out with earnings and crushed all the rails. But we were up 300 and changed.

NASDAQ were almost 200, or if it may have been up 200. The semiconductors, I think we're up 70 or 80, only finished up 15. The market wanted to go higher. And then the 10-year yield goes from 4126 to 4226 today. The three-month treasury bill is over 4% while Jay Powell is at three. They're numskulls. I'd like to say it's like watching Laurel and Hardy, Abbott and Costello, and the Three Stoges. But they make Laurel and Hardy Abbot and Costello and Three Stoges look like Einstein and Stephen

talking and we're paying the freaking price. And you got a president that is the most economically illogical Marxist we have ever had under the guise of, but I'm helping you. I'm going to give you $10,000 to take care of some of your student loan. Didn't you know that? Let's continue. Just want to mention, you know this Snapchat, A lesson is you better stop out when things top out.

Snapchat topped out the week of October 22nd, 2021. And really, the topping out was somewhere around 75 bucks, hit a high of 80. It's in the aftermarket now, it's $8.20 down from $10.79. And of course, Instagram that is owned by Facebook, meta, is going to be down also. What they're saying is average revenue per user, ARPU, A-R-P-U, not going very good. That's the story. But I just noticed something else in real time. Interesting story here.

Don't know if one plus one equals two. but I must mention Whirlpool misses by 86 cents misses on revenues guides 22 the year 22 below consensus revenues below consensus

doubtside guidance going forward World pool stock has already gone from 245 to 131 it's now down another five bucks in the aftermarket what's the moral

the story. Get my parents refrigerator delivered. Just so you know, the refrigerator my parents were going to get was a whirlpool. Bought at Home Depot. But Home Depot says, once that's done,

you got a whirlpool and the delivery and logistics people and the first delivery didn't show up. I call Whirlpool. They say, oh, delivery people, oh, we're so sorry. it didn't get to us from Whirlpool.

Okay. Two weeks later, it gets delivered, and the refrigerated in work. The Whirlpool refrigerated in work. Another delivery two weeks later. Whirlpool again doesn't deliver the refrigerator to the delivery logistics people. I call up Whirlpool.

You know what they said to me? You got to call the delivery logistics people. Guess what ended up happening? Going through Home Depot, I got another refrigerator. I got a GE. Guess what? It's only a $2,000 refrigerator

Whirlpool lost on. Because of their system sucks. A simple refrigerator delivery in New Jersey just across the water from New York City. They couldn't even get that done.

And of course, Home Depot's part of that. But think about that. I got Whirlpool on the phone. They wouldn't help me. And they lost the sale. So Whirlpool, why don't you call Home Depot and help me out? We don't do that. What about the delivery people?

Here's the number. So Whirlpool reports, crappy numbers, and my memo and message and whatever to Whirlpool, if you're listening, you just lost a two grand refrigerator. Because one time it didn't get delivered, second time it got delivered, and the third time it didn't get delivered.

and the third time didn't get delivered. Finally, we had enough. So we got a GE? Let's hope that continues to work. How's that for a story? Timely story for you guys. Otherwise, Giants are 5 and 1. The Knicks lost their first game last night,

you know, battled. But I must tell you, what I'm most impressed with the NBA right now is, you know, I live in Orlando. I'm a Knicks fan, unfortunately. But Orlando Magic got the number of, one draft this year and this guy looks really good this guy looks really really good i think they may have got it right i'm actually excited for the team paolo bonchero from duke and he looks good too

he's got everything they lost by a wee bit last night i'm actually looking forward to the Orlando Magic season this year. And that's our sports segment for this show. Otherwise dudes, market had every chance today. And may just go up tomorrow.

I mean, get one decent day where yields come down. Maybe we're having a climactic run in yields and soon they'll come down. All I can tell you, it didn't happen today. And I'm going to do a little deep dive for you for tomorrow. I'm going to come back and say,

on a $500,000 mortgage, this is what your payment would have been a year ago, and this is what it is today. And this is how much you now can afford now versus what you can afford just a year ago. What a gargantuan difference. Gargantuan different. Gargantuan different. in just a year. So no, it's not just the move. It's the rate of change. How fast the move. Got to remember, markets have to get used to things. This just keeps going and going. Just so you know, the 10-year yield right in the beginning of August was 2.5. And now we've skyrocketed. Just guess why we're skyrocketing? Because the Fed is still behind. They ain't doing their job and whatever the market is yelling and screaming they think they're doing their job and I think they keep thinking oh we're just we got to start easing no the bond market's telling you something different and they don't realize it because they're stupid and Wall Street doesn't want to

realize it because they just want easy money but easy money caused this disaster in the first place how is easy money going to cure this disaster oh if they announced something different tomorrow I'm sure the market can pop for a few and then what 10% inflation 12% inflation 15% inflation by the way remember what I told you about the 10 year yield remember when we had bad inflation early 80s mortgage rates were 18% you got that you want that I don't more in these markets and much more. 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 Mbata. 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? 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. Hey, it's Ryan Seacrest for Albertsons and Safeway. It's stock up savings time now through March 31st.

Spring in for store-wide deals and earn four times of points. Look for in-store tags to earn on eligible items from Celsius, Body Armor, Orahida, Silk, Capri-Sung, Bavarian Meets, and Charmin. Then clip the offer in the app for automatic event-long savings. Stack up those rewards to save even more. Enjoy savings on top of savings when you shop in-store or online for easy drive-up and go pick up or delivery. Restrictions apply. See website for full terms and conditions. Today, we're exploring deep in the North American wilderness among nature's wildest plants, animals and cows?

Uh, you're actually on an organic valley dairy farm where nutritious, delicious organic food gets at start. But there's so much nature. Exactly. Organic Valley's small family farms protect the land and the plants and animals that call it home. Extraordinary. Sure is.

Organic Valley. Protecting where your food comes from. Learn more about their delicious dairy at ovi. You're listening to What are we waiting for? Well, what are you waiting for? One, two, ready, go. Action!

In the Gester's Edge With Gary Culpa. We told you the distortions will eventually get unwound. A little did we know how fast and how yuckety

the unwinding is. Of note today, Tesla finished down today on their earnings yesterday. Of 14 and 3 quarters, 6.6%. They were light on their numbers. IBM finished up today. Five and three quarters on a 2% drop in earnings, 6% revenue increase.

Yippie, yay, yay. Lamb Research, which was really a non-event after they reported earnings, did finish up 25 and changed today. A much better semiconductor. today, though the socks, as we said to you, and really it wanted a lead today, the semiconductor index. It hit 40 cents, 60, it was up 82, finished up 15 because the market came in. But Union Pacific, a very important rail, down 6.8% today, a new yearly low, down $13.60.

cents. That crushed Norfolk Southern down 6%. Let's see if CSX got hit. Oh, that was only down three. I can tell you that the truckers, J.B. Hunt, got whacked for foreign change. And, you know, we warned you about the economy many, many months ago. We're the ones. The economic numbers that are coming. By the way, you hear the latest news. The economy. The economy. instead of poll now 100% of them say we're going into recession. Hey, thanks. It's like me telling you who won the last Super Bowl. By the way, it was Cincinnati Bengals. They got ripped off. The economic numbers that are coming out now are pretty crappy. They have something called the Philadelphia Fed Index came in way below estimates today. Not good news. And as we've told

you, the one thing I'm really watching closely is the job market. Every little pin has been pulled. Remember, we told you the last things would be housing, job market. Housing's happening. Job market. We're only seeing it right now in weak areas. What do you mean by that? Well, the mortgage area, they're firing a ton of people because there's no mortgage applications.

Crypto. Toast. We're going to watch lots of industries now, and we'll let you know. The auto industry, we're thinking about that right now too. And, you know, I'm not a genius with auto industry, but what do they do in down times? Of course, you have the manufacturing of the autos, but a lot of unions in there. What do they do with that? The sales at all the auto dealerships, just so you know, the auto dealer stocks are all new yearly lows.

crumbling. What happens there? We're going to be watching that. Retail, well, we think retail is already paired down throughout the years. We know that for fact, because retail, tough environment, the online and all that. Wall Street, that's something to watch too, though there's been pairing back also. Private equity part, been pairing back. And as I said, the mortgages, Wall Street has the mortgage business, too.

So stay tuned. We are watching for you. We're watching for us and hoping for better. But ladies and gentlemen, and again, we say with no joy, the most powerful people on this planet don't have a freaking clue what they caused, what they're doing, how they're doing it. And all of Wall Street has no clue what we told you two to three years ago that when these bubbles pop, there is a chance for destruction.

How do we know? Because we've studied every bubble and every popping of every bubble. And we've been singing in droves already in real time. The bed, bath, and beyond short squeeze and the AMC. Crushed. The marijuana stocks crushed. The 3D stocks crushed. The SPACs crushed.

The ridiculously priced IPOs crushed. The no sales anything crushed, except we're weirdly. Lee. There's some no sales biotechs that have been strong. Beats the heck out of me. Why? Crushed. The NFTs crushed. The coins crushed. The coin stuff crushed. You got coin companies going out of business. You got stable coins going to zero overnight. These are all bubbles. And we'll keep watch and hope for the best. Remember, we're optimists. Believe it or not, doesn't sound like it. But you know, we're optimists on you and I. What are we the most pessimistic on them? they become our opponents. 31 trillion of debt says so. 31 trillion of debt says so. By the way, I got an email from somebody last night.

Hey, Gary, you know, you've been on Trump's back a lot. Yeah, I have. Why don't you at least compliment him on independent oil versus what Biden's doing? Well, here's the compliment. Trump handled the energy business pretty damn well. And the markets believed it, more importantly, if I was Biden today, I would double energy production. It takes while, but just stating it,

just stating it, we get the markets dropping like a rock. Oil prices, that is. But they're insane. They're insane with their green energy bull crap. And the scare tactics. What's the earth?

4.5 billion years old, yet they have these creeps coming out telling us, oh, we got 10 years. years or it's over. Like to kick them in the you know what's. If they're men, of course, we don't, women we're not violent with. Imagine 4.5 billion years the earth is and Al Gore came out and said we're doomed in 10 years. And you want to know why I'm so pissed off. Anyway, have a great evening drive carefully. Tomorrow I'll be on with Neil Cavuto between noon and two tomorrow, talking about some of

this stuff. When you get home, do like we. do. It's quite simple. Make sure you hug your children. Hug your family. They will feel better. You will feel better. I promise. Alcohol is overrated. Marijuana sucks. They're only legalizing it for your money. And until tomorrow, thanks for joining us. Peace out all. Bye-bye. This has been Investor's Edge with Gary Cult Bomb on BizTalk. To listen to past episodes or to get in contact with Gary. Go to Gary. K.com. That's Gary K.com. Hey, it's Ryan Sechrest for Albertsons and Safeway. It's stockup savings time now through March 31st. Spring in for store-wide deals and earn four times of points. Look for in-store

tags to earn on eligible items from Celsius, body armor, or Ida, silk, Capri-Sun, Bavarian Meets, and Charmin. Then clip the offer in the app for automatic event-long savings. Stack up those rewards to save even more. Enjoy savings on top of savings when you shop in-store. online for easy drive up and go pick up or delivery. Restrictions apply. See website for full terms and conditions. Guys, it's no use putting it off. The best time for an underwear refresh is now.

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