Episode Transcript
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Speaker 1 (00:00):
I have it handy because I know forty degree forty
five degree days is they're going to Yeah, they're going
to take place.
Speaker 2 (00:07):
Careful for those flowers Tonight it's going to get below
freezing again again. Yeah, yeah again. Yeah, But I'm looking
at the ten day and it's looking like as long
as this holds up, it won't be below freezing again
the rest of this week at least.
Speaker 1 (00:21):
Yeah, don't go beyond what you can see, because you
just never never know, You never know, never know. All right,
do you know what today is?
Speaker 2 (00:29):
By the way, today is April seventh, year of Our Lord,
twenty twenty five.
Speaker 1 (00:35):
That's correct. You know what we're celebrating today.
Speaker 2 (00:38):
I believe today is give a muffin to your mailman Day,
is it? Wow? At least in a certain county in
Nebraska from what I've heard, is that right? Yeah, it's
one of those way out western counties.
Speaker 1 (00:50):
Well, I guess I'd have to become a mailman and
get to that county then. Yeah, so one day year
they can give you a muffin.
Speaker 2 (00:58):
Right.
Speaker 1 (00:58):
April seventh marks the anniverse, the founding of the World
Health Organization. It is World Health Day. Who Yeah, that's
the one. You know, it's funny. I was working when
the pandemic began. My entire job was on news radio
ten forty Who the mooine the.
Speaker 2 (01:14):
Radio station, not the band or the health organization.
Speaker 1 (01:17):
Couldn't you really couldn't talk about the World Health Organization
by calling it just the WHO. You really had to
like say world Health Organization all the time because you
didn't want people to get confused with what you were
talking about. So anyway, yeah, we're not in that WHO
these days, the United States of America trying to make
sure everybody understands you're supposed to be healthy. I guess
(01:39):
I don't know. It's also International Beaver Day, which I'm
much more inclined to celebrate beaver's underrated animal. I know
a lot of farmers hate them because beavers like to,
you know, take some of their stuff. They can eat
trees and all that. You know what, that's not my problem.
If you dislike it animal enough to go to war
with it, like say the Australians with EMUs, I feel
(02:01):
like you're in a desperate situation. You probably just need
to build better fences. It would be kind of my
take on it, but.
Speaker 2 (02:07):
I wouldn't want to go to war with beavers.
Speaker 1 (02:09):
They they're resourceful, they are they have a great impact
on the ecosystem. And some people say, well, it's all
a bad one.
Speaker 2 (02:15):
Eh.
Speaker 1 (02:17):
Anyway, we'll see, got a lot of different things going
on here. Earlier today. Did you see this because I
was doing my morning show and as I was sitting there,
I mean, it was a terrible start to the day. Terrible,
terrible start today on Wall Street, which, by the way,
how would you describe today, like in this moment, in
this magic moment. It's not really that bad. It's not
(02:39):
as bad as I don't think people thought it was
going to be.
Speaker 2 (02:42):
Well, it could always get worse, right, so we do that.
We pretend like it could always get worse.
Speaker 1 (02:46):
I mean we still have time, right, We're not closed
yet on the market today, which is one of the
reasons why I don't want to talk about specifics, I
suppose because it will change between now and then. It's
not as bad as I think people thought it would be.
And you know why it wasn't today? Yeah, why it
was like nine to twenty our time in the morning. Okay,
I was sitting there and I had a page up
(03:07):
that had all of the major indexes up because I
don't I don't care about specific little, tiny individual stocks.
I'm just looking at the big indexes, like, what's the
indexes doing? Right?
Speaker 2 (03:18):
Yeah?
Speaker 1 (03:18):
And they went green at like nine to twenty, and
I was like, wait, what happened? They shot up? They
shot straight up at like nine to twenty. I went
from my first segment in the nine o'clock hour like
talking about this is a historically bad day for the
market already, because people over the weekend, I think, just
got continuously spooked about what was happening. Did you see
(03:39):
the Chinese stock market and how big of a tumble
it took? I remember talking like fifteen percent. The entire
world stock market essentially is just kind of cratering on
itself at the time at the moment, and somehow all
of the indexes in the United States at nine twenty
went up. You want to know what happened? And I
was trying to figure out where this came from, and
I was never quite able to down who started it.
(04:02):
But there was a conversation earlier.
Speaker 2 (04:04):
Today.
Speaker 1 (04:06):
Trump's been posting crazily on social media on his truth
social just sharing people saying why the tariffs are important
and that we're not going to give in on this yet.
But somebody interpreted something and said Donald Trump is thinking
about possibly announcing a ninety day pause on the tariffs, right,
a ninety day tariff pause. And this isn't like nine
(04:28):
to twenty this morning, and in seconds, I'm telling you,
it was within seconds. It felt like CNBC, Reuters and
maybe another one or two major news organizations that are
legitimate news, not just social media guys like you would
go there and read news. They pedal in news. But
CNBC and Reuters I definitely saw them post this and
(04:51):
they said source Trump to potentially announce ninety day pause
on tariffs. Within seconds of this rumor kind of getting
swirled around it like nine to fifteen, nine to twenty,
and the market phew. By nine point thirty in the morning,
the White House and the Trump administration basically said that
is fake news. I don't know who told you that,
(05:12):
I don't know where you're getting that information, but we
are not even like we haven't even talked about that.
That hasn't even been an option for us. And then
the market kind of went right back down, but it
never went back down to this point, it hasn't gotten
back down to the point where it was when that
rumor started.
Speaker 2 (05:27):
Do you think they started the rumor?
Speaker 1 (05:29):
Well, this is what I was saying, this is what
my thought was conspiracy, every kind of But this is
kind of like, this is a volatile enough industry. We're
talking about the stock market that an unfounded source saying
something that was not true immediately picked up by a
couple of actual big sources that are followed by millions
(05:50):
of people just mentioned, and within ten minutes it was corrected.
But in that ten minute window, there's a huge spike
in the So if you were to buy, if you
woke up today and you were like, wow, I think
now is a good time to buy. I'm feeling a
little frisky. I think this stuff's going to rebound sooner
rather than later. You bought at like nine o'clock this morning,
(06:12):
you watched that thing spike at nine to twenty, then
you sold.
Speaker 2 (06:16):
You would have.
Speaker 1 (06:16):
Made a buttload of money, Like you would have made
so much money across the index if you would have
bought at nine and sold by nine thirty today.
Speaker 2 (06:25):
Can you do that that quickly, that quick turnaround? I
think you can.
Speaker 1 (06:28):
I can't.
Speaker 2 (06:28):
You can daytrade?
Speaker 1 (06:29):
Yeah, I mean, it depends on what you're using to buy, Like,
are you on the robin Hood app. I'm pretty sure
you can buy it pretty quickly. It just kind of
depends though, on like where your holdings are. I don't
know how it works. Is that's not what I do.
But in theory, if you did that, you would have
made absolute bank today.
Speaker 2 (06:44):
Well whatever this source is, whoever this source is, I
just hope they weren't using signal to send out the
messages because you never know who's lurking in those message boards.
Speaker 1 (06:53):
All I'm saying is, wouldn't it be interesting if we
eventually trace that rumor back to somebody in the Trump administration?
Speaker 2 (07:01):
I would not be a good day for that person.
Speaker 1 (07:03):
But but if we like just to affect the market positively,
to get the market kind of correcting faster than maybe
it would have otherwise, because it's really not that different,
Like do you got the percents up today?
Speaker 2 (07:14):
Do you have the I do?
Speaker 1 (07:16):
They're not that bad, Like they've been bouncing around, They've
been bouncing around a lot, but they're really not that
bad considering what people like a historically bad day, like
everybody's talking about, it's really not that on.
Speaker 2 (07:26):
Any sort of any other day kind of situation, this
would be a bad day. It's the Dow Jones is
down one point four percent. That's a lot, but we're
not down about one percent, but we're talking. This thing
was like lurking in the four or five percent range
early today and a big difference, and now it's not.
Now this is just kind of like an kind of
bad day based on Thursday and Friday last week. So
(07:49):
I don't know, man, and it's still highly volatile, and
I'm I don't think we're done here by any means,
but it was crazy to see that change.
Speaker 1 (07:57):
I just I was like, what the heck happened? I
was just talking about bad it was, and all of
a sudden it was green, and I was like what.
And of course it recorrected by the time I got
back on the air, like nine thirty five. But what
an absolutely insane back and forth today. And that's why
I guess the moral of the story is, maybe we
shouldn't put all of our eggs into the stock market
tells us what's going on basket. It just moves too fast,
(08:21):
too willingly, and there's too many outside forces that can
affect it. In an instant, an actual instinct. I mean,
go find go. I'll send you a link of what
it looked like. I just wild stuff. It added three
trillion dollars in the s and P just just in
a blip, in a literal five minutes.
Speaker 2 (08:39):
You'd love to get behind the scenes on what that
was like on the physical stock on the floor, just like, right, well,
what's going on? Everybody's buy and bye bye, and then
like immediately no, no, that was bad. I don't do that.
Speaker 1 (08:53):
Sound don't buy town two eighteen more on this At
the bottom of the ar I'm gonna speak with Brian Kruz,
he's the election commissioner, and dougle County. We're going to
talk mayoral race and city council race. We're going to
talk turnout and kind of things that we notice. We'll
talk about that coming up at bottom of the hour,
coming up on news radio elevens in KFB, Emery Sunger.
We can't forget that there's still a war going on there.
(09:15):
I've been hearing, you know about the deadly strikes that
have been happening there. You want to know something else,
when's the last time you heard of Zelenski. It's been
a little bit, Isn't that Isn't that weird? It's almost like,
and I've said this and I'm going to continue to
say it, I think there's a real chance that we
can only handle one major thing at a time in
the news cycle. Like I can talk about all this stuff,
(09:37):
but this is the thing that we kind of were
seeing with you know, even the mayor ol debate is
you know, politicians and people who follow politics, there's really
just the one big story every single time that the
paying attention to haven't heard much about that signal thing lately.
Speaker 2 (09:50):
Have we?
Speaker 1 (09:51):
Oh, we kind of move on to the next thing,
kind of hand that over to the next thing. And
last week the tariffs went into place, and now that's
all anybody's talking about. We're not talking about dogs, We're
not talking about we're not talking about Zelenski. We're not
talking about Ukraine, We're not talking about Putin or Russia.
We are only talking about Israel. Because guess what today,
Benjamin ettyaw who's in the White House as we speak
right now, And you know, I'll if anything important comes
(10:13):
up on this visit, I will tell you all about it.
Speaker 2 (10:16):
But we're just we're in the throes of that.
Speaker 1 (10:20):
And it's not just Mexico and Canada and China, it's
everyone in the entire world. So yeah, what do you
what do you think is that an US problem? Is
that a governmental problem?
Speaker 2 (10:31):
Why?
Speaker 1 (10:31):
Why is it hard for us to multitask?
Speaker 2 (10:34):
I think it's probably always kind of been that way.
It's the big the biggest thing generates the most when
it's new and it's big. Yeah, that's what's gonna general.
I mean, we're all it's if you.
Speaker 1 (10:45):
Had a power rank the problems that the Trump administration
is trying to resolve, there would be a list, wasn't there, Like,
not everything's equal? It is a government spending in doge?
Is it this stuff? Is it the tariffs and international trade?
Speaker 2 (10:58):
Is it ending?
Speaker 1 (10:58):
The wars in Iran? I mean in Israel and Ukraine? Like,
what's the most important thing that he's trying to fix locally?
Speaker 2 (11:07):
It's always going to be the economy.
Speaker 1 (11:09):
So you think the tariffs. There's a reason this has
become the most important thing that we're talking about. It's
because nobody cares as much about the signal app Nobody
cares as much about the Ukraine War, Nobody cares as
much about what's going on in Israel if versus what
this could be with the stock market going down, with
us not really knowing what the future is going to
(11:29):
be for this, and that's why it is usurped everything
by a lot, and it's been all anybody's talking about
in the news cycle for the better part of the
last five days.
Speaker 2 (11:36):
I just think that the number one issue is always
going to be the economy. I think that that's always
going to be number one at the ballot box. That's
always going to be number one because it affects people
the most. The signal thing is that disconcerting? Yeah, sure,
but are we in a major foreign war conflict? Like
if there was a war going on here and that happened,
(11:57):
maybe that would be a bigger deal. But it's a
big deal.
Speaker 1 (12:00):
But everybody who was involved in the chat basically said
nothing that important was actually discussed here. Some guy just
got privy to some secrets and decided to tell people
and thought it was crazy. But there's a reason I
think that story hasn't had as much leg to it,
and that's because people were just like, yeah, but what
really did that guy know? It just didn't It didn't
have the same impact right. So I think I'm with you.
(12:21):
I think the reason this is such a big deal
is because it changes spending.
Speaker 2 (12:27):
What we're going to spend and.
Speaker 1 (12:28):
How long are we willing to deal with different things
in America costing more while we wait for the situation
to rectify itself. Do we know, do we have a
threshold if this goes on for another month the way
that it's going in the stock market, I mean, how
low could it possibly get?
Speaker 2 (12:48):
Right?
Speaker 1 (12:48):
I mean we're talking twenty twenty levels at that point
at least, and then it's just, you know, like what
do we do as people who are you know, the
I mean we're just kind of innocent bystanders and all this.
But we want to see this resolve itself quickly, I believe, right.
I mean, whether that's these countries negotiating, or would we
rather just leave the tariffs up and wait long enough
(13:09):
for American businesses to kind of take the realm, take
the helm, be able to kind of run with the ball,
and we can stimulate the American companies because they invested
here instead of having to worry about building elsewhere and
dealing with the tariffs. It'll be interesting to see what
the threshold of the American people, including the ones that
listen to this show predominantly, who are in support of
Donald Trump and what he does, even though for the
(13:30):
short term this is definitely making their life a little
bit harder. There's no doubt that this is making life
harder for people right here, right now. It's just like
a month from now, six months from now, a year
from now, will it be better?
Speaker 2 (13:43):
The stock market's going to be The stock market prices
is what localizes everything. Yeah, prices are already high, and
we weren't unable to kind of resolve that. Remember, he
said he was going to lower prices on pretty much everything,
and that was one of the things he said, but
he also mentioned these tariffs. Well, now we're under the
impression that, hey, thanks are just going to get more
expensive for a little bit.
Speaker 1 (14:03):
And it's like, okay, well that was kind of the
opposite thing of what I was hoping was happened. But alas,
here we are. It's two twenty eight. Emory Songer with you.
Thanks for listening to our show. When we come back,
we're scheduled to speak with Brian Cruz from the Douglas
County Election Commissioner's Office. We're going to learn about what
happened last week during the mayoral primary and city council primary.
(14:24):
That's coming up on news Radio eleven ten KFAB.
Speaker 2 (14:28):
Every songer on news radio eleven ten KFAB