08-05-24 Your Morning Show Hour 1

Hurricane crashes on Florida, market crashes on us all.

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Episode Transcript

Speaker 1 (00:00):
Hey, it's Michael reminding you that your morning show can
be heard live each weekday morning five to eighth Central,
six to nine Eastern and great cities like Nashville, Tennessee
two below, Mississippi and Sacramento, California. We'd love to be
a part of your morning routine and take the drive
to work with you, but better late than never. We're
grateful you're here now. Enjoy the podcast.

Speaker 2 (00:19):
Two three, starting your morning off right.

Speaker 1 (00:23):
A new way of talk, a new way of understanding,
because we're in this stage. This is your morning show
with Michael O'Dell Trump. You know when I wake up
and I feel lost, buffee and chah, that's when Ade
you and I turned Affron. You said to start the
shop like Rocky. Yeah, that is not good, though you

(00:46):
do not need that in your nostrils. Afron. All this
hour the broadcast is brought to you by Affron Extra Strength,
Severe congestionally offred boy. You sound great. My son, Nicholas,
Game one parting gift at the end of summer is
terrible cold. You're probably wondering what does a father do
to punish his son who breathes on him, sits by him,

(01:11):
sticks his fingers in his food, coughs on him, touches
all this stuff until he gets his illness, smiles today
when he leaves for school. Ah, yes, our kids are
gone again, but lifts So what an empty desk might
look like. If we ever get an empty desk today,
it'll no longer be driving us crazy all day that

(01:34):
they're boring. They're back to school today. Oh really, you know,
I kind of feel like a bit of a human
events tour guide. Okay, that's kind of what my job
boils down to. Oh yeah, you're into highlights and well,
if you look out the left side of your your boss,
you can see that the G seven has been instructed

(01:58):
iron and has bela will attack Israel within the next
twenty four hours. And we're walking. We're walking. If you
look out the right, a tropical storm is now a hurricane.
Debbie gotta bring a lot of rain to Florida. And
we're walking. We're walking. Your future got sold off Friday
in a big chunk. Here comes another big chunk today.

(02:19):
We're walking. We're two things I can't put my finger on.
You know, if you talk to any money experts, Gee,
I don't know when things are really rolling for Donald Trump,
the market was up fifteen hundred right now those things
are starting to look rosy for Kamala and the market
suddenly down fifteen hundred. But they're not related. Right, we're walking,
We're what where's the gift shop? Hang on? Stick with

(02:45):
the damn tour? All right? Well, Vegas vacation reference. The
other is the unrest in the UK that you can
virtually find nothing. If you go to like Fox News, CNN, MSNBC,
AXEOS trying to think of who am I leaving out? ABC, ABC, CBS,

(03:08):
you will find anything at it. But if you if
you specifically google search it, no, Donald Trump doesn't pop up,
of course, but you'll start getting like Politico and some
other people that are covering it. And if you go
on social media, it's all you see Muslims, videos of
Muslims and crowded streets hitting people with sticks saying a

(03:30):
la acbar. If you go to these websites, it says
the Prime Minister is ready to crack down on these
far right haters of Muslims that are creating unrest in
the streets. I'm like, okay, which is and we're walking,
we're nothing is here? Nothing? It is the here. Uh
it is national everything day. You do this every There's

(03:50):
two things that can count on one. I do my
Bruce Springsteen version and you do the Bruce Springsteen dance. Yes,
uh that and I always do the a by Ashesh
Hower by Ashesh and you answer seriously great? Sound great?
How can we do that? Everybody? Will we be here
thirty years from now when I've made and they'll really
be bad because it dentures by that really good today.

(04:11):
By the way, I don't have a blow button. I
have a cough button. Okayosh, I don't know what to
do for people to use a cough button before you're
blowing up the nose. That is all I hear between
four forty five Central Time and straight up five o'clock. Well,
do I need to remind you I can't call in sick. Yeah, no,
there's nobody sitting in the bullpen. Well, that's just it.

(04:32):
We're here, whether we're so, we're here, whether we say
I go through this. I don't think people realize this
how many different national it's national underwear today? Okay, yes,
there are eight national days today? Is this what's gonna happen?
Like with our holidays? Eventually? They just start stacking them
because we try to please everybody, so like persons have
every day off, everybody gets a day. But how do

(04:53):
they come up with this? Like today is National Oyster Day,
National work like a dog day there And I was
living in Washington, DC at the time. I came home
to New Orleans. We went to Messina's on Vets in
Metro Metro and I hadded oysters for so long. Now
you hang out DC, Maryland, they shove crab cakes down

(05:15):
your throat. But I mean, just sit do some raw oysters? Right?
This guy starts shucking. We did like five dozen oach
just hammered them. It's a bad neuro association, to be
honest with you. Who's the first guy that ever, Hey,
there's a rock in the water. Cool hang on, here's
my knife, let's try to open it, and you o
put them. There's this slimy thing and somebody's first notions go,

(05:37):
oh that's good.

Speaker 3 (05:38):
You know what you get chester tabasca. But yeah, slim
maybe the most disgusting thing that I love. Anyway, I
won't like, I won't eat es cargo snails, I'll eat oysters.
Go figure our National oyster Dad could buy into today,
although there is no what's the old oyster thing, which
there's an hour in the month, don't eat them.

Speaker 1 (06:00):
We're good to go in August. I've heard that. What
are the other National Underwear Day? National Underwear Day? National
Social Engineering Day? That's kind of scary. And we're walking,
we're walking National night there's a.

Speaker 3 (06:14):
Boxer that claims to be a woman, but it looks
like a man.

Speaker 1 (06:17):
We're walking, we're walking. What was the other one? National
Night Out Day where all the communities get together with
the police departments. Oh, I like that should be every day,
but go ahead. That's usually the first Tuesday in August.
National I'll say hello to mine when he catches me
speeding today, right, National Fresh Breath Day especially every day?
Well absolutely please? Is there a National bad Breath Day?

(06:39):
I don't know. I haven't seen a day were we
and we're walking? And root Beer Day? Root beer float Day?
Sorry it has never into root beer floats. I just
can't do it. I've never been a root beer guy, really,
And I remember when I was a kid going down
w Yeah, I remember tasting different. No, no, never remember

(06:59):
drinking a root again. We had box I don't forget
my first day of school. A kio, you need to
get two pays alle me a dirty ride in a box.
I said, I'm gonna need a translator, right, I said,
where's the cafeteria. We don't have a cafeteria. We ordered
from JJ's, and you know what, I just distinctly remember

(07:20):
passing JJ's Fried Chicken on Jefferson Highway on my way
to school, thinking to myself, who eats there? And we
ordered from jj You can get a pole board dressed.
I was like, dressed, What do you mean? They put
put clothes on the sandwich? Just loaded up, baby, just
load it up. Then he goes.

Speaker 2 (07:36):
But I had to get two pays all wipe me
dirty ride. I'm don't remember what his name was, Pat.
Something sounds like Pat Robertson.

Speaker 1 (07:46):
Oh my gosh. If if Keith Anders isn't up this early,
I wouldn't think what was his name? I really needed
a first day of school. You're two pays all wipe
mate with dirty ride. The rice is dirty and you
eat it. Me went to school with Yeah, oh my Pat.
I can't remember his name now, and that's well it's

(08:08):
a few years ago for real exactly. I mean, I
just I came from Chicago. I mean, I was a
culture shock. There's goats walking around on the property. We're
going from Chicago down to Louisiana, and I was like, man,
I just hope I can make the football team. Make it.
There's only eleven of us. You'll make it. Roberts, it

(08:28):
was Pat Roberts or something. Roberts, wasn't it. I don't know.
I'm not pay you just kind of the ashes dirty.
Don't eat it. It's that sample, uh by, But that
was so national oyster? Which one are we picking? We
just walked. This is the worst. This is This is
absolutely the worst day to celebrate. This is national wiggle

(08:51):
your toes Day? What what? What is this? Well Bree
Larson has made is a pre pre Tennis pre tettus
has made a living of this. Well real, it's such
and such day. Yeah, yeah, I'm trying to figure out
a chance to show off the digits on their feet
encourages giving our feet or our toes a little extra attention.

(09:13):
Is your second toe longer than your first toe? Mine is?
I think that's a sign of brilliance, to be honest
with you said there about this more genetic deformity. Edward
watching where's the gift shop? All right, welcome to Monday,
the fifth of August, whatever day you want to make it.
But some under we're on have some fresh breath, and

(09:34):
for goodness sakes, look for an oyster subwhort. If you
have the oysters, you may want to brush it is
a you know, obviously there's storm tropical Storm Debbie now
hurricane bearing down on Florida. That's got a lot of
people's attention. The market is crashing. I hope that has
your four oh one k's attention. The Biden administration continuing
to push for a ceasefire between Israel and Hamas. I

(09:56):
guess this is a sign of blinking that he was
trying as best he can, but he came out of
his meetings. You know, warning everybody, I think you'd better
prepare for Iran and Hezbillah to attack Israel in the
next twenty four hours. Now we'll have Lieutenant Colonel James
Carafano tomorrow. I think I can handle this today if

(10:20):
passed this prologue. Unfortunately, this is never becoming all out
war with the two nuclear powers. Is charged as Iran
and as reckless as Iran is that God has never
happened before. But if recent past, with the Iranian attacks
that were all virtually blocked, the question is what are

(10:43):
they going to do in twenty four hours? So as
your tour guide, I got to tell you this is
the epicenter of the world, and this is the epicenter
of the epicenter Israel, the epicenter of the Middle East.
If you think there's some clashing with sticks in the
streets in UK is concerning you can't get a straight
answer on. This could get bad for our time and

(11:05):
for all time. So how do you think it plays well?
They either make a legitimate attack because they plan to
go to war, and they think this is the moment.
All we're gonna switch. My your favorite microphone is gonna
have to be called in. I have no idea what
causes that. I don't think it's back yet though. No,

(11:30):
sure we're gonna have the Oh sure, Chevin b All right,
how are my ashes? We have to do that all
over again? Why are you so anti this microphone? Anyway?
It sounds very flat, there's no dynamic to it. The
sind Well, aren't you glad it's here right now? Yeah?
I am really glad that where would we be without it, right,

(11:50):
smart Alec on the phone.

Speaker 4 (11:52):
No.

Speaker 1 (11:52):
So the bottom line is, you know what kind of
is it gonna be a serious attack? Is it going
to be kind of like a symbolized attack. We're going
to volley some things, hope you knock them down. We
have to retaliate for what you did, or a serious attack,
and that's what we're going to hold our breath and see.
From a United States perspective, it sure looks like whether

(12:15):
you have the most effective people in place, that's something
to remember this election season. When you elect a president,
he then puts a cabinet together. They usually end up
being what you really need, more so than the president.
But it looks like every effort was made to try
to stop them from doing it that has failed. So

(12:36):
now all the United States can do is promise to
do all it can to block whatever is coming. But
whatever is coming appears to be coming in the next
twenty four hours, and that's huge. Vice President Kamala Harris
is within forty eight hours of making her VEEP selection.
She's already revealed Republicans for Harris. Oh, every joke has
a punchline. Trust me, when you hear the list of

(12:57):
her Republicans for Harris and Team USA continues to dominate
an old gay Patty with seventy two medals. Overall, we're
now tied in the gold category as well as our
dominance continues in the Olympic Games. We have more between now.
I'm your your Human Events tour guide and we're walking.

Speaker 5 (13:16):
This is your Morning Show with Michael del Chona.

Speaker 1 (13:20):
At Keel Academy robs like a two piece. Come on,
somebody hit the summon today twenty after the hour. Good morning,
and welcome to your morning show. I'm Michael del Jorda,
and here are your top five stories of to day. Well,
our reminded this election is really about us. The reason
I remind you it's about us, we the people is
trust me. After you hear Mark Mayfield's Road to the

(13:43):
White House, you'll need to remind yourself of it Road
to the White House. Twenty twenty four.

Speaker 6 (13:49):
Republicans are defending Donald Trump's comments questioning Kamala Harrison's race.
In an interview with ABC's This Week, Florida Congressman Byron
Donald's called it a phony controversy, but went on to
say her residential campaign is now talking much more about
her black identity, Like.

Speaker 4 (14:03):
This is really a phony controversy. I don't really care.
Most people don't. But if we're going to be accurate,
When Kamala Harris went into the United States Senate, it
was ap that says she was the first Indian American
United States senator.

Speaker 6 (14:15):
Trump, during an interview with the National Association of Black
Journalists last week, claimed that Harris had turned black after
identifying only as Indian for years. And Kamala Harris interviewed
three candidates on Sunday to be your running mate, Senator
Mark Kelley of Arizona and Governors Tim Wallas in Minnesota
and Josh Shapiro of Pennsylvania.

Speaker 1 (14:31):
I'm Marknyfield. By the way, there's a big story today
that there was a cryptic message on the social media
of Mark Kelly and Arizona. He said, well, whether it
was my time of the davy our NASA severy of
the United States senator visiting our troops oversea. I've learned
when your country asks you to serve, you always answer

(14:53):
the call. Does that mean he's preparing to serve as
a vice president of running me? By the way, she's
Indian and Jamaican. Now, what are you gonna do to
solve inflation. Ohios editor JD. Vance is defending his place
on Donald Trump's ticket. In an interview with Fox News
Sunday Morning Futures, Vance was asked about the criticism that

(15:17):
he's been a poor choice for vice president.

Speaker 7 (15:19):
Look, I recognize that there are a lot of folks,
even in the GOP establishment. It's certainly on the far
left who don't like the fact that Donald Trump picked me.
I actually take their criticism as a badge of honor.

Speaker 1 (15:30):
Vance said that the campaign is running an opposition of
Washington insiders. That's why they don't like.

Speaker 7 (15:35):
I'm not shocked that a lot of inside the beltwagh
media types don't like me, but their policies are the problem.
Of course they don't like me, because we're running to
fix what they have broken.

Speaker 1 (15:44):
Donald Trump's federal election interference case is going back to
court on August sixteenth. Scott Carr has more from Washington
US District.

Speaker 8 (15:52):
Judge Tanya Chutchkin resumed control of the case Friday, then
issued and orders Saturday denying Trump's motion to dismiss the
FED criminal charges brought by Special counsel Jack Smith. The
case was on hold during the appeals process, which culminated
in a sweeping US Supreme Court ruling that said presidents
are immune from any criminal prosecution when carrying out official acts. Now,

(16:15):
Judge Chuckkin will have to decide if Trump can be
prosecuted for his alleged efforts to overturn the outcome of
the twenty twenty election. A trial in the case is
not expected now until after this year's presidential election.

Speaker 1 (16:28):
I'm Scott Carr in Washington. It does more than just kill.
More babies are being born with birth defects linked to fentanyl.
Michael Casner reports.

Speaker 5 (16:36):
At least thirty newborns have been diagnosed with what's being
called fetal fentanyl syndrome, suffering health problems after their mothers
used illicit fentanyl while pregnant. The condition was first identified
by geneticists in Delaware last year and includes defects like
small heads, cleft palate, web toes, and underdeveloped joints. I'm

(16:57):
Michael Cassner, TMUSA.

Speaker 1 (17:00):
He continues to lead the world with seventy two total
medals in baseball. D Backs, Raise, NATS one, Guardians, Rangers, Mariners,
and Cardinals all lost Birthday's Marsha Marsha. Marsha Maureen McCormick
is sixty eight years old today, let that sink in.
You'll feel really old. That is awesome. Marsha Brady's sixty eight.
Patrick Ewing is sixty two and my favorite female golfer

(17:21):
of all time. Paul La Kreamer thirty eight years old.
Happy birthday if it's your birthday, and thanks for waking
up with your morning show. Hey, it's me Michael. Your
morning show is heard live from five to eight am Central,
six to nine am Eastern, three to six am Pacific
on great radio stations like News Radio eleven ninety k
EX in Portland, News Talk five fifty k FYI, and Phoenix,

(17:42):
Arizona Freedom one oh four seven at Washington d C.
We'd love to have you join us live in the morning,
even take us along on the drive to work, but
better late than never. Enjoy the podcast on Monday, Monday
August the fifth, suffer not thy coon, ass onto me.
Let me hear that talk back you seven met not Metai.

Speaker 4 (18:02):
My wife Iyabot from the region Hill met there at
me and she says Metaie and I say Metri.

Speaker 1 (18:08):
Thank you for pronouncing it correctly, and am I the
only one thinking chow met chow met child. Your wife's
actually pronouncing it properly metalie. But yes, a true New
Orleans we go Metri going down. That was the other
one that I got when I first moved to New Orleans. Yeah,
go get a cold drink. What's a cold drink? And

(18:28):
in cold it doesn't matter as long as it's cold,
A cold drink. Like you know, I always see things
by brand. That's if I caught myself to get a
band aid. If I want someone to drink, get me
a coke. Somebody's got to say, is PEPSI fire there?
Just taking anything cold? Just something wet? That was I
think my friend's dad used to always say, Hey, a
little bit, go in the cool and get me something wet.

(18:49):
I'm missing home for some time. That would be a
lot of fun to grow up in. Yeah, I appreciate
if child meta listening down it he's up in Memphis.
I guess now at night he listened to NINET two
point nine or AM six hundred WRC. Thanks for the talkback.
Let that be a lesson to you all. If you're
streaming on the iHeartRadio app, there's a little microphone you
press it. No more calling the radio station, waiting on hold.

(19:10):
Maybe the host all answer of the phone. Maybe maybe
I won't find time to get to you. You can
instantly respond to the things that we're talking about using
the talk back button. Then there's also good old fashion
email Michael D at iHeartMedia or one eight hundred six
eight eight ninety five to twenty two. Welcome morning, Welcome
to Monday. Tropical Storm Debbi is now a hurricane and
bearing down on the coast of Florida's Big Ben. We

(19:31):
had a huge sell off on Friday. Say goodbye to
some more of your four oh one k futures point
to a brutal day on Wall Street. The Biden administration
has continued to push for a ceasefire deal between Israel
and Amas. Meanwhile, Aron and Hesbellah plan to attack Israel
in the next twenty four hours. Can't make this stuff up.

(19:51):
I guess they were, you know, all about politically assassinating
Donald Trump the entire well, for his entire political life,
but certainly the beginning of this year and throughout the
primary season. Then after a near physical assassination on his life,
and their need to focus on getting rid of Joe Biden.

(20:13):
Everything kind of cooled off. Now things are getting back
to normal. Donald Trump's federal election interference cases headed back
to court on August the sixteenth. The Team USA continues
its dominance in Paris. What a weekend. I don't know
if you got a chance to watch much yesterday, but
the US women's basketball team finished their group play undefeated.
I think that. I think their winning streak and Olympic

(20:34):
games is now sixty Wow, sixty games in the Olympics
without a loss. That's your dream team. Sonny Lee now
has three medals from the Paris Olympics, winning bronze Sunday
in the uneven bars, and I gotta tell you, bronze
was a huge accomplishment. You should have seen the two
that got silver and gold, the one who got gold.
I have never seen anybody do anything on uneven bars

(20:57):
like that in my life. What I want a lot?
Early morning yesterday with Scotty Scheffler. Now, there's gonna be
two stories here to be told. One was John Ram's collapse.
At one point he was twenty under par with eight
holes to go. It looked like it was a cakewalk
for Spain. Scotty Scheffler is just solid as a rock,

(21:18):
especially with those approach shots, and when his putter's on,
he's unbeatable. He's number one in the world and the
first number one in the world to ever capture gold.
He's an Olympic champion. And may I say one of
the greatest moments I was watching, because there's something about
two things about Scotty Scheffler that will strike you immediately.
He has the face of a sixty two year old
in his twenties. Literally, I mean, if you met Scotty

(21:41):
scheffer on the street, you go, my god, what is
your face gonna look like at sixty? Oh? Wow? So
he's got that old face right. The other thing is
always very calm. You can't tell when he's done anything great.
You can't tell when he's done anything bad. So he
wants to go medal. He's on the podium, he's just
standing there like it's any given. You know, Sunday, no
big deal. The national anthem starts. You could see he's

(22:02):
lipping a little bit you can sing in the song,
and then he gets to the final phrase of the
national anthem and something just and you could see a
guy come to terms with his patriotism, representing his country.
What it was really about. I mean, imagine, these are
professional golfers. They don't ever play for nothing. And in

(22:27):
one glance you saw Scottie Scheffler playing for something bigger
than he's ever played for in his life, and it
dawned on him. He brought a gold home for his
country and just burst into tears. But one of my
and I have several favorite Olympic moments. Team USA in
the pool unbeatable. On Sunday, the women's four by four

(22:47):
medley relay team one gold gave the US its eighth
swimming gold medal. How did we end up tye in China? Hmm,
well that's a big reason. How and gymnastics is about
to end pull away. But the dominance in the pool,
finishing with twenty eight overall swimming medals, the water has

(23:08):
been very good to us at the Olympic Games. In all,
Team USA has seventy two medals. Nobody's even close now
nineteen goal, twenty seven silver, twenty six bronze. The dominance
at the Olympic Games continue. Coming up at six oh
five in our Sound of the Day, I should be
able to find it. You could probably find it Google
Kamala Harris commercial that aired during the Olympics, and it

(23:31):
wasn't by Kamala Harris for president, was by some organization
and it's just her and a podium. I mean, anybody
can say anything, right, I'm gonna cure cancer. Elect me,
and your children are no longer get bullied at school,
and they're gonna be gorgeous and prom queens and kings
and football stars. Elect me, and it'll be sunny in
seventy two every day. I mean, anybody can say anything,

(23:55):
what do you plan to do to create anything? And
her ad does none of that. At our Sound of
the Day, we get a glimpse of her getting asked
a question. Finally, can you explain to me what you're
gonna do about inflation? You tell me if you'd say,

(24:15):
if you'd want to do a commercial with her, elect me.
I'll make every day sunny. I'll make you suddenly be
able to afford groceries and gasoline. Okay, okay, okay, And
then how do you plan to do it? What else
are you going to do to fix this problem with inflation?
Thank you? Well, let's start with this.

Speaker 9 (24:38):
Prices have gone up and families and individuals are dealing
with the realities of that bread costs more, the gas
costs more, and we have to understand what that means.
That's about the cost of living going on. That's about

(25:00):
having to stress and stretch limited resources. That's about a
source of stress for families that is not only economic,
but is on a daily level, something that is a
heavy weight to carry. So it is something that we
take very seriously, very seriously, and we know from.

Speaker 1 (25:18):
Them, especially as the people that cost it.

Speaker 9 (25:20):
History of this issue in the United States, that when
you see these prices go up, it has a direct
impact on the quality of life for all people in
our country. So it's a big issue and we take
it seriously.

Speaker 1 (25:33):
Yeah, in case you're starving, there's a big delicious word
salad for us. What did she say, Absolutely nothing, positively nothing.
So again, yeah, there's a shell business like nod. Look,
you got a wave of narrative right now. You don't
have a real candidate and you've got a long way

(25:55):
to go. So anybody that's waking up this morning feeling discouraged,
looking at the market, looking at the trust me. Sooner
or later, somebody's gonna say, let me tell you something,
speaking of my references to my old Keyho Academy of
days in our Quarner final playoff game, I'll never forget.

(26:16):
We arrived in this little town and the first thing
I noticed walking in with my gear was they had announcers.
They were doing a pregame show. So thanks to my
brother smoking pot and getting caught, we took the field
with just twelve players. Oh yeah, I was a freshman
and I was I was the guy standing next to

(26:37):
the coach. I was the one guy that got to
fill in. Everybody else got to go two ways. And
I'll never forget. You know, we took the sideline and
then all of a sudden, you know they always run
through the paper. Yeah, and I watched them on to
the paper and they just kept going and going and
go to like a special effect as somebody computer generated.
Remember the Michael Jackson video with all the soldiers marching

(26:59):
and just went to infinity. They must have had one
hundred players stressed out and they just there. We were
marching in the twelve of us, and I remember thinking,
while we're in at folks, until it's time to play ball.
There you go until the opening. We were right in
it till the opening kickoff your offense, defense and special teams.

(27:19):
And let me tell you something. That's the best sound
I have of Kamala Harris for the day. So stick
around in a half hour for our sounds at the day.
This is Paul David Patterson down in Toledo District, pleased
in my morning shows, Your Morning Show with Michael Dale Joina,
Good morning and welcome to the first Monday of August,

(27:41):
the fifth year of our Lord, twenty twenty four. Obviously
some further explanation is necessary. Uh would you roll to
talk back? Hello? Anybody there? Anybody there? When I say,
Rick Marino, by the way, who we worked with, invented
the talkback button on the iHeart app, and you press it,

(28:05):
but it's like leaving a message. We're not going to
pop on start talking to you. So you hit the microphone,
make your comment. Then when you send it, we get
it and we could share it. That one was obviously
trying to That one's going in the collect interact. Hello,
how are you? Aaron Rayel is joining us always with
cheerful news, first thing in the morning. Huge sell off

(28:26):
on Friday, further crash coming today as we all say
goodbye to our future looking at the polls and at
our four oh one case. Good morning, Aaron.

Speaker 10 (28:36):
I'm so sorry. I just that intro. It made it
very clear. I hear it, I see it.

Speaker 7 (28:41):
I'll be better.

Speaker 10 (28:42):
But we'll start off with this dog market. Yeah, it
had a blood bath last week. The tech heavy NASDAC,
that's the one that's particularly swamping. It was down almost
three and a half percent last week. It's three week
flide just below ten percent, eight point eight percent. It's
the worst performance since number of twenty twenty two, that's
when the market was in a free fall. And the

(29:02):
reason is we got a lot of earnings and most
of them missed the mark.

Speaker 1 (29:06):
So the Nasdaq levitch.

Speaker 10 (29:07):
Just be clear, it was up forty three percent last year.

Speaker 1 (29:10):
So if you look at it year to date, it's
a correct.

Speaker 10 (29:12):
It's still yeah, the correction. It's still twelve percent year
to date because it had this massive, massive jump. And
I'll give you an example that they're reporting this week
in video the chip maker they're on such a tear
that has been the biggest winner in its AI boom,
but that stock was down seventeen percent over this three
week slump of the Nasdaq. Although it's still up more

(29:34):
than one hundred and ten percent year to date, so
it's it's kind of all relative. But they're thinking that
because of a lot of earnings that were just disgusting
from Amazon, Apple, they were ugly numbers, all missing the mark,
all down, that this might be kind of like a
harbinger of a recession ahead.

Speaker 1 (29:52):
Well, I could, you know, make you feel better about
a bad bet on the Cardinals last night, But I
can't change the outcome, pumfy cave. But I appreciate you trying,
all right. So that's the tech and again I get it.
And that's actually a very astute explanation of what happened Friday.
What's going to happen today really has lots through the
jobs report too, right, Yes.

Speaker 10 (30:10):
Yes, and the fact that the jobs numbers were not
exactly what we wanted to see. The Fed has this
dual mandate. They need to maximize employment and they need
to keep inflation at two percent. We're getting closer to
that two percent target with these massive interest rate interest
rate increases, and not massive, I mean like over a
long period of time, that's what I should say, in slow,
little basis point increases. But we're now looking at the

(30:32):
Fed funds rate, that's the overnight rate that bank will
into each other. It's between like five and a quarter
and five and a half percent. That is historically high.
And as a result, what they want to do with
the Fed is cool down the market. Keep the market's like,
have people stop buying as much stuff that translates to
high interest rates. Sign credit cards and for mortgages, everything,

(30:52):
car loans, whatever you need. Whenever you're borrowing money.

Speaker 1 (30:55):
It's expensive.

Speaker 10 (30:56):
But they don't want to push us into a recession.
So that's why we're listen. They're pulling back. We're seeing
it across the board. And if you look at like Amazon,
they say they're revenue shortfalls because consumers are buying cheaper
healthhold goods and they're buying fewer big ticket items.

Speaker 1 (31:11):
There you have it.

Speaker 10 (31:12):
People aren't running out to spend all their money right now.

Speaker 1 (31:14):
You know, it's interesting. I feel a little bit like
Jack Kennedy. I'm going to ask a question when I
kind of know the answer, but it's worth asking out loud,
and that is that, you know, obviously we got two
things that need to happen. We need jobs and then
we need spending to go down. Well, they don't tend
to go together. When people have a job, they spend.
When they don't have a job, that's not the only
time they cut themselves off. So but the bottom line

(31:37):
is the jobs report being down will help the FED
with the inflation number, where there's still at least a
full percentage of where they need to be to start
lowering rates. So that much, I guess, is how I
would do an Aaron Reyale good news to the story,
But the combination of both, and if it were a
long term trajectory, would be a really bad sign. Obviously.

(31:58):
But the question I wanted to ask is, you know,
when things were ride and high and looking great for
Donald Trump, it you just seemed like everything was humming
on the market again. And then you know, we have
this narrative wave of Kamala Harris and then the shifting
in the polls and the shifting in the media, and
all of a sudden, the market's down. Are we sure
it's just teching jobs and not a little bit of
that too.

Speaker 10 (32:19):
Now, of course it's geopolitics, it's the election here. But
I think being like it's because there's enthusiasm for Kamala
Harris is reductive and also like you know, causation isign
equal correlation. These are earnings reports that looked at multiple
quarters and they just happened to come out, you know,
of big tech companies, whether it be my Microsoft or

(32:40):
Alphabet or Amazon or Apple, all of them, and that
had to do with spending in the previous quarter. So
if you're going to point at anyone, it would be
the prior administration. But it's not it's too big, like
the earnings report or what drove the markets down, and
the earnings report happened way before anything with Kamala.

Speaker 1 (32:56):
Yeah, causation versus correlation. That's obviously a class they had
at quidn it be Aki University that we didn't have
at Louisiana State University.

Speaker 10 (33:05):
I don't believe that Louisiana State's a grade school.

Speaker 1 (33:08):
I know. I just love to make you look smart,
all right. I love this time. By the way, can
we just lock this in forever? At five point fifty,
I do a little business your life on the air
with you. How do my Ashley shown by the way,
beautiful beautiful? I do that to Jeffrey every morning. That's
my disshocky esh versus a normalist. No, but I mean,
can we lock in at five fifty? This is perfect.

Speaker 10 (33:28):
I'm I'm game.

Speaker 1 (33:29):
I'm game.

Speaker 10 (33:29):
I don't I don't make the rules.

Speaker 1 (33:30):
I just do what I'm told. But I'm friends with
the guy that makes the rule. Ass I'll call him today.
Aaron's gonna be back by the way next hour to
talk about the Olympics. And I've been watching it. Boy,
that's that Scottie Scheffler moment. This weekend was priceless, all
of them. That was fun. The pool domination and the gymnastics.
Are women in basketball? Are we all watching it? How

(33:51):
is viewership of this Olympic Games doing? And then I
want to talk a little bit with you about the
watching it live versus waiting for prime time, because that's
got to be playing in with the numbers two right,
they're getting credit for both. Indeed it helps you you
have Olympics that are six hours ahead of time. All right,
Aaron Rayel, appreciate your reporting this morning. All right? So yes,
I'm the talkback button. You can't talk to us with it.

(34:14):
You can leave your message and we get it. That's
one way to communicate with us, or call eight hundred
six eight eight ninety five twenty two or email Michael
Diatiheartmedia dot com. And that's a wrap on that segment,
all right. When we come back our Sounds of the day,
I did find the commercial I was looking for very good.
The problem is I can't find it in its production form.

(34:35):
So what I have is what appears to be somebody
recording it as it's playing on the television. But that's
all right. At least you can hear the content of it. Yeah,
And we're going to compare what an ad can say,
what a narrative can say, what anybody can say, versus
having a living, breathing clue or idea of how to
make it so. And that's the difference between what you're

(34:58):
seeing in this narrative wave of Kambala Harris, the thought
of what Kambla Harris is, versus the reality of what
Kamala Harris is, which I think will play out between
now and the November election. We're all in this together.

Speaker 5 (35:11):
This is your Morning Show with Michael Vindel Joino