08-07-24 Your Morning Show Hour 3

Are Republicans thrilled with Kamala’s pick??

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Episode Transcript

Speaker 1 (00:00):
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(00:21):
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Speaker 3 (00:33):
In the Stigific.

Speaker 1 (00:35):
This is your morning show with Michael o'del trun from
the Chris Ferry Studios in Nashville, Tennessee, Live on the
air and on your iHeartRadio app. This is your morning show.
I'm Michael del Trono. And if I don't see my
cheerful self lacking a little energy, lacking a little warmth,
that's only because I'm sick as a dog. But I'm

(00:55):
hanging in there. It was interesting to me that CNN
was given the pick first and allowed to break the
news or rip the bandaid off. It was Tim Walls
and not Kelly or Shapiro. What's interesting is that from
camp Obama on CNN, Van Jones immediately not buying this

(01:22):
pick and saying a lot of.

Speaker 4 (01:25):
People are excited, but it's not all one way. You
do have the other side of this thing, which is,
first of all, what worries me is you see a
lot of relief from the Conservatives. They were scared of
Josh Shapiro, concern, they were scared of a Mark Kelly.
They thought that would help define komloin more to the
to the middle. You see a lot of rejoicing on

(01:46):
the right.

Speaker 1 (01:46):
That's you know, that's old school politics that you I
say old school because we didn't even have a Democratic primary.
It was just done without a rever running. But usually
in the old days you would run towards your base
in a primary and then you'd broaden back out in
the general. You can't do that today with social media,

(02:06):
with twenty four hour news cycles in media, because whatever
you say a year before election sticks with you all
the way through. But Van Jones later says, Jesus could
be about to the anti Semitic portion of your party
that rejected Corey Bush. I might add in Saint Louis
last night. But his main point is sire relief for

(02:29):
Republicans and conservatives because they feared Shapiro, they feared Kelly.
They'll take Walls. Is that crew. We'll talk to a
Republican consultant, an analyst, Chris Walker about just that. So
did you do a big sigh of relief when you
heard it was Tim Walls?

Speaker 5 (02:43):
I did? And since I picked Shapiro yesterday when we talked,
just don't listen to anything I say for the rest
of the day. I don't know what I'm talking about, Kelly,
So what do you want from me? Yeah? You know, honestly,
I couldn't be happier with the pick. You know, it
allows us to define the Democrats and what they're doing

(03:04):
as the most radical. As I said yesterday, I mean
Tim Waltz is one of the worst governors in America.
I mean, his record on COVID was atrocious, his record
on you know, the riots in Minneapolis as atrocious. I mean,
you know, the Minnesota single handily have one of the
most far left legislative cycles in American history in twenty
twenty three, and he gleefully signed all of those bills.

(03:25):
So I mean he's got a record that makes Kamala's look,
you know, moderate, which maybe part of what she's trying
to do is kind of be you know, looked at
as kind of a more moderate voice and let her
vice president be the whack job. But in this instance,
I think they're both going to be perfectly aligned for
each other and gives Republicans a chance to really define
them to the left and outside the mainstream.

Speaker 1 (03:47):
All Right, So you and I both supported a governor
here in Tennessee. He didn't keep my support because of
how he handled COVID, and I thought it was bad
that he was tracking cell phones to see if we're
complying with lockdown. This guy he had a hotline for
you to nark on your neighbor if they're out and
about and not wearing a mask, I mean. And then

(04:09):
there's COVID fraud allegations to you, eise, he's unknown today
but everything and I'm sure this guy's done a lot
of great things in his life, from the reserve to coaching.
But you're gonna get one side every mistake the man's
ever made, and from one side, you know, a narrative,
it's not always positive to be an unknown because your

(04:30):
entire life is going to be defined in about twenty
four to forty eight hours and it'll stick. And then
when you go to define yourself, you say things, long,
we can.

Speaker 6 (04:39):
Get out there, reach out, make the case, and for
one thing, don't ever shy away from our progressive values.
One person's socialism is another person's neighborliness.

Speaker 1 (04:48):
But his one person's socialism is another person's neighborliness.

Speaker 5 (04:56):
Yeah. I mean again that that is simul, That is
that is the far left. That is Kamala Harris being
afraid to not to you know, being so afraid of
her left flank and the you know, the Hama sympathizers
in her party that she's you know, refusing to pick
someone who brings potentially a very critical swing state. Well,

(05:17):
because as we talked about, Yeah.

Speaker 1 (05:19):
I was just gonna say, I'm the neighborly is in front.
That's uh, hey Judy, I'm out of sugar. Can I
have a coup versus? Hey Judy, your husband makes more
money than mine. Give me all your sugar?

Speaker 5 (05:32):
Right?

Speaker 1 (05:32):
This guy can't design all right, Minnesota a state they
probably had anyway, So I don't know how this is
a big map play it leaves Arizona in play, it
leaves Michigan in play, Wisconsin and play, and worst of
all for the left, Pennsylvania in play. Help me understand you.

Speaker 5 (05:53):
Yeah, when you look at well, I mean again, I
think when you look at it from the prison of
Kamala Harris being you know, owned by the left of
her party, you know, and not wanting to stand up
to them, you see what's happening here. I mean, let's
looking back at BBT and Yahoo being in town a
couple of weeks ago in Washington, leaving and going on

(06:15):
a huge offensive, and you know, having Kamala picks, you know,
someone who isn't Jewish, who was the obvious choice for her.
I think you're obviously seeing, you know, a a candidate
and a party that's pretty pretty aligned against Israel, pretty
aligned against Jewish people. And that's you know, something that
I think really needs to be flushed out as we're

(06:36):
getting last under days of selection.

Speaker 1 (06:38):
Well, that's a great concern because the left, you know,
you compare the party today, its platform is the nineteen
twelve Socialist Party platform. So no wonder you got a
running making quotes about one person socialism, but that party's
gone so far left, especially in the last twenty five years,
from Lieberman on the ticket twenty five years ago with

(06:58):
Gore a Jew, to Shapiro being passed over, and we
presume it's either because he would have overshadowed her or
because he was Jewish. The problem is the left goes
far left, and it drags America left with it. And
if the Democrat Party can't decide if it's rooting for
terrorists or Israel today, God help us. If that's an
American problem tomorrow. How does all this play out? David

(07:22):
Sinatti brought up the short field. That's something that created
with Joe Biden. So they control the narrative, the media,
and that's a big deal. They used to control all
of social media. They don't needmore because of x being
owned by Elon Musk. But that's the plan. Hide Joe
in a basement, get him elected on a short field
after you've radicalized and changed the election laws and harvested votes.

(07:45):
Steele at fair and Square this time short field, last
minute switched to Kamala, last minute choice of an unknown
and now you play the short field. How does this
short field play out in your mind?

Speaker 5 (07:58):
Well, I mean I think it's going to be really
a full court press, and you know, six states. You know,
maybe Georgia probably is still in there a little bit,
but hopefully we can kind of clean up the mess
from from the weekend and kind of move ahead in
unity and kind of be good. But my sense is,
you know, this is Pennsylvania, Wisconsin, Michigan. Who wins those
three wins? Kamala, you know, she shanked the four foot

(08:22):
putt yesterday. I really think she had a really good
shot of having you know, a very a very plausible path,
and now she made a lot harder, you know, with
the Pennsylvania so much in play. I mean Nate Silver
talks about this yesterday. I mean, the most wayable state
right now is Pennsylvania. So, you know, having having a
you know, JD out there talking about how she's not

(08:43):
taking any questions, how she's being hidden, fine, but you know,
ultimately the real point here is that you know, she
she's going to hide. The Republicans have to not let
her hide every single time the Republicans are out there,
and then you say, why is she answering questions? Why
is she hiding from her record? And then saying her
record very loudly and clearly, and Tim Wilson's record for
that matter.

Speaker 1 (09:03):
Chris Walker joining us a Republican consultant analyst. You mentioned
his record as a governor. What would be some of
the highlights or low lights.

Speaker 5 (09:13):
Well, I mean, let's you know again, let's look at
look look at the you know, his record in terms
of what the legislature worked on while he was governor, right,
I mean, he signed one of the most aggressive, you know,
pro abortion bills in the country. You know, his work
on the economy. You know, he's working on running it
sits away because of all the work he's done relative

(09:35):
to you know, catering to you know, the riots in
his state. You know, the average Minnesota household you know,
has like been shattered by inflation. He's done nothing to
kind of fix that. I mean, in every issue he
is he is he is lean to the left, not
even left, I mean he's embraced, he's run to it. So,
you know, and we're seeing the results of a state

(09:56):
that that's in decline rather than you know, ascendency. I mean,
the Democrats platform it now seems to be look forward
John in California, Minnesota, And let's bring that to the
rest of the country. That's a compelling argument for Republicans
to be able to make because it's really bad.

Speaker 1 (10:08):
We do, you know, Tom emmor I was gonna say,
we do. Journeys are discovery, then we do look for us.
Look if things by the end of this month at
the convention, GE's so violent nineteen sixty eight rears it's
ugly head in twenty twenty four, back in Chicago for
the convention with tensions over Israel. Because let's make it
very clear, this choice, along with Kamala Harris, is an

(10:30):
a play abortion. All right, there's no question about that,
and far left. But we start having riots in the
streets at the convention. You watch how they time release,
how poorly this man handled violence in the streets in
Minnesota when he was govenored. These things can come out
time released, all at once. They can play in waves.
Unknown is not a strength. Unknown is a vulnerability because

(10:54):
somebody can define you in a very short period of time.
All right, let's let's play this out. They still do
have that Israel problem, the eye problem. How big does
that become out of their control based on what Iran does?
That may be the October surprise, absolutely.

Speaker 5 (11:11):
I mean, let's not forget Joe Biden is still the
president and Tamala Harris is the Vice president. They own
this global instability and you know, uncertainty. Look at the markets,
Look at what's happening there. Market's uncertainty, and we have
a vacuum in the White House, and we have a
you know, a very unqualified vice president who's trying to

(11:34):
run for the big seat. Is that is the race?
You know, we see the Middle East and turmoil, We
see all these things happening because of a lack of leadership.
And so from a standpoint of the Middle East, it's
a huge deal because ultimately that is a direct impact
of not just the lack of literacip but even like
a hostile view of our strong staley in the Middle

(11:56):
East to the last fifty years. So, you know, from
from a standpoint of just intuition and decision making, not
only would she make a bad decision in her vice
president yesterday, she makes bad decisions on forem colsum a
daily basis. And so again this is her record. She
has to be is acumbent on Republicans to remind the
voters why we're seeing all these problems right now? It's

(12:17):
because it's of her and her partner in the White
House being completely devoid of leadership and in solid thinking
skills in terms of the geopolitical and global stage.

Speaker 1 (12:28):
There's two sides of the coin. On one side, you
have a candidate who never ran in the primary. In fact,
she was first out in the twenty twenty primary. She
was the biggest first loser, never ran at all in
this primary, never did a single campaign, add a single debate,
a single vote casted for her, and she's the top
of the ticket, and now she chooses this unknown. I mean,

(12:51):
there's a state of democracy there that someone would have
to be an ad Although on the other side of
the coin, I will remind you they hit an old
Joe in the basement and then did a shadow campaign
and won in twenty twenty, so anything's possible. I thought
it was very interesting that the guy who is president,
the guy who did run in every primary, who did

(13:12):
secure the nomination in a democratic voting process. He was
at home talking to Olympian Katie Ldeki yesterday on the
phone while Kamala Harris was in Philadelphia to announce a
Minnesota governor and a ticket that doesn't include him. I mean,
you can't make this stuff up.

Speaker 5 (13:29):
It's it's remarkable. It's remarkable. And again, let's look at
what this is the Democrat's vision for America. It just
it can't be clearer in terms of what you don't
want to the country. And so it's incoming on everyone
to pay attention and listen and see what they're saying.
They'll tell you who they are. You know, the media
is going to try to hide it from folks, but

(13:50):
they'll tell you who they are. And so it's incumbent
on everyone to, as you said, you know, elon owning X.
You know, the ability of people to kind of seek
their own information talk radio. If we have a responsibility
of really kind of showing in full detail what they
want to do because they're going to hide it. You know,
Democrats win when they sound like Republicans and put yourself

(14:12):
if we've got to be really strong and make sure
we realk what they want to do.

Speaker 1 (14:15):
I'll remind you, if you listen, they'll tell you who
they are, and I'll remind you they don't sound like
Republicans listen.

Speaker 6 (14:20):
But we can get out there, reach out, make the case,
and for one thing, don't ever don't ever shy away
from our progressive values. One person's socialism is another person's neighborliness.

Speaker 1 (14:30):
They're not hiding it, They're running right out with it.
Chris Walker. Uh, just great insights. I guess the bottom
line Devan Jones question is Republicans are thrilled with this choice.
But time will tell.

Speaker 5 (14:42):
I mean, we should not, we should not wrest in
our loyals. This is this is a winnable race for
her too. If they hide who they are and we
just can't let them do that. That ever happens, that's
the biggest piece of information.

Speaker 1 (14:52):
And whatever happens, we're all in this together. We'll talk
again next week. This is your morning show with my
While everybody's singing Kumbaya and everything's coming up roses and daffidils.
In the narrative of the main street media with Mama La,
Kamala had her running mate Tim Walls. Meanwhile, Republicans kicked

(15:15):
off an investigation into Kamala Harris's handling of the Southern border.
There's an inconvenient truth and maybe the biggest story of
the day just lost. I mean, we talked about what's
happening in the United Kingdom, if you're on social media
every day, you're bombarded with the images Muslims on the

(15:35):
street just beating innocent civilians, yelling a lah acbar. You
can't find anybody covering the story in the mainstream media.
And if you do find anybody covering the story in
other nations, well they're just falling with the Prime Minister saying,
which is crazy. Right wing extremists out of control in
the streets matrix. While all that's going going on, here's

(16:02):
one of the biggest stories of the day, and no
one's covering it. A Pakistani national in America through our
poorest borders, ties to Iran attempting to assassinate former President Trump.

(16:24):
Here's Lisa Taylor.

Speaker 7 (16:25):
That's according to ABC News. Asif Merchant flew from Pakistan
to the US after spending time in Iran to recruit
hit men to carry out the assassination attempt on Trump
and attacks on other public officials. Merchant contacted a confidential
informant that was working with the FBI and was arrested.
He's charged with murder for hire. I'm sad, Taylor.

Speaker 1 (16:44):
You know, we talk about all the crazy stuff that
could still happen between now and November. Look at some
of the crazy stuff that hasn't happened. Oh, never confuse
narratives with actual news. Hi, it's Michael. Your morning show
can be heard live on great radio stations across the
country like w ILM and w DOV and Wilmington and Dover, Delaware,
or wgst AM seven twenty the Voice in Middle Georgia.

(17:07):
We're gonna eat some blankets. News Radio six fifty k NI, Anchorage, Alaska.
We'd love to be a part of your morning routine.
Now enjoy the podcast. All right, So the party is
playing far left with its ticket in a general election
at a time where it's party is playing more to
the center. Let alone. How does all this play with

(17:29):
meat and potatoes, democrats and independence and the rust belt. Oh,
there's a lot more of this game to be played.
Thanks for waking up with us thirty seven minutes after
the hour. Don't forget you can always use that talkback button.
If you're listening on the iHeart app, you'll see a microphone.
Just press it. Leave us a message and we can
share it with the class, just like we did with Woody.
Listening on KFYI and Phoenix, Arizona, All right, Aaron Rayal's here,

(17:53):
this time with more good news for summer travelers. Flight delays.

Speaker 8 (18:00):
I know, I know, I know, there's just travel problems everywhere,
but we do know that flight delays are at their
peak mid June to the end of August. I thought
this was kind of surprising because I always think of
winter as like bad travel time.

Speaker 1 (18:12):
But apparently bad.

Speaker 8 (18:13):
Weather accounted for sixty six percent of total flight delays
in terms of minutes this year. This is according to
the FAA, and then volume volume caused another fifteen percent
of delays, So yeah, it's pretty brutal. Eight out of
the ten busiest travel days are in June, July, and August.
I guess the other two are Christmas and Thanksgiving.

Speaker 5 (18:32):
Who knows.

Speaker 8 (18:32):
But long story short, and this is pretty incredible airlines.
No major airline has to reimburse a customer for a
cancelation or a delay that is basically out of their
control mother nature, weather. If it's within their control, they must.
They have to provide a free meal or a hotel
or rebooking. They almost all offer them, but none of

(18:54):
them offer cash compensations for delays of three hours or more.

Speaker 1 (18:58):
All right, so you've been following this from the very beginning.
What have we been through? Well, we went through COVID,
then we had early retirements, then we had pilot shortages,
and we had flight attended shortages. Then we had all
the seven thirty seven max boeing issues, and now we
have weather. Who's to know what it is?

Speaker 8 (19:16):
Who's to know what it is? Listen, this has never
been like this is a tough sector. No one ever
said like, oh yeah, aviation, like that's you know, many
many aviation companies go out of business.

Speaker 7 (19:26):
It's heavily regulated.

Speaker 8 (19:28):
And you know for many listening who do not like regulation,
who think overregulation is a burden, Yes, for sure, and
it adds to the costs. But if you ever wanted
something regulated and like quadruple checked.

Speaker 5 (19:42):
It's probably the play.

Speaker 1 (19:43):
Well I saw it, like.

Speaker 8 (19:44):
There's a reason those regulations exist, particularly around this particular sector.
And now we have more regulation coming out. But it
helps the consumer. Starting October twenty eighth, airlines, well, they're
going to have to promptly automatically pay refunds to customers.
This is from the bottom administration rules that defined significant delays.

(20:05):
There's a change and how that's defined. So basically it's
very clearly a delay of three hours for domestics, six
hours for international flights, you're gonna have to issue a refund.
That's that's probably something most people will be excited about.

Speaker 1 (20:16):
I saw a great documentary on Netflix. I highly recommend.
It's all on Boeing now again, like all dot you
have you seen it? Oh? Hello, hello, why can you
not hear me technical difficulties? You said, we have a problem.
I can do this part without her. I have no
idea where that went, but technology for you. No, there's
a great documentary on the whole Boeing situation and it's

(20:40):
on Netflix. I highly recommended. Now, Like all documentaries are
just gonna be leftist side SEP. But of course, I
mean they're trying to sell you regulation that that really
was a regulation failure. So Boeing gets the idea, in
order to compete with air Bus, we're going to come
out with a new plane. But if we design a
new plane, then everybody's got to go through training. So

(21:01):
our sales advantage is going to be we're going to
design a new plane that requires no new training for pilots.
Not necessarily true, based on a software glitch that would
later become a deadly lesson. But the long story short was,
you had the FAA in bed with Boeing. You had

(21:28):
Boeing people getting gigs with the FAA. You had FAA
people coming from Boeing to the FAA, and they were
just kind of so they're rushing, and they're behind, and
they're they're skimping on their production standards to meet the
demands of an advantage they created that they couldn't live

(21:49):
up to. And then you got unsafe planes in the air.
And who was guilty at the end of the day. Well,
just like when we had the FBI and the Secret
Service investigating what the heck happened in Butler, PA, then
you have the FAA investigating what the hell happened in
Seattle at Boeing when they were just as much a

(22:10):
part of it. And that's the problem. The FAA is
supposed to work for us and protect us, not for Boeing.
But we live in a matrix. And so if you
get on the air and you say anything in supportive regulation,
well I nobody wants that. Well you got it in Boeing,

(22:30):
and how'd that work out for you? It's an inconvenient truth,
But it's a fascinating tale. So you know, and you'll
wonder why more people are using trains, you know, between
the planes, the pilot shortages, the weather, the delays, whether
or not they'll reimburse you for your inconvenience, charge you
extra for your bags. Aaron re else kind of get

(22:53):
like to be Debbie Downer. Guys like all the bad
We give all the bad news to Aaron because who's
going to dislike her for telling you the bad Speaking
of a bearer of bad news. Top five stories of
the day At fourteen minutes after the hour, the new
ticket is on parade. Mark Mayfield has our Today in politics.

Speaker 9 (23:13):
Kamala Harris at are running mate Tim Walls are kicking
off a campaign tour of battleground states.

Speaker 1 (23:18):
I stand for you today.

Speaker 5 (23:19):
To proudly announce I am now officially the Democratic nominee.

Speaker 9 (23:28):
The Minnesota governor appeared alongside Harris where the ticket's first
joint rally in Philadelphia on Tuesday. Walls sharply criticized Donald Trump,
arguing that the former president doesn't know the first thing
about service. He accused Trump of sewing chaos and division
across the country. Walls is a former teacher, congressman, and
military veteran. He's scheduled to appear with Harris in Wisconsin, Michigan,

(23:48):
North Carolina, Georgia, and Arizona. The Trump campaign attacking Kamala
Harrison's running mate, Governor Tim Wallas. Minnesota campaign's press secretary
called Walls a West Coast wannabee who is a dangerously extremist.
Republicans wasted no time in branding the Democratic ticket the
most liberal ticket in American.

Speaker 1 (24:05):
History, and voters weren't.

Speaker 9 (24:06):
The polls Tuesday for primary san Missouri, Michigan, Kansas, and
Washington as politics Mark Mayfield, NBC News Radio.

Speaker 1 (24:13):
Now, the only thing in that that is really, really
really true, therefore really really a problem. It is the
most liberal ticket in American political history. And when you
look at it on paper, Biden Harris is more reasonable
than Harris Walls. But don't get sucked into all the

(24:35):
narrative because it all looks Kumbaija. If you're firing the
mainstream media, don't forget there's more people on X in
any given day than the entire mainstream media combined. And
that's where Donald Trump is at it. Brian shook as Moore.

Speaker 10 (24:50):
On his truth social platform. Trump said the interview will
take place Monday night. He added that more details will
be announced later. The billionaire owner of X has voiced
his support for Trump. I'm Brian Schuk.

Speaker 1 (25:04):
A Pakistani national in the country illegally with ties to Iran,
taken into custody plotting to assassinate former President Donald Trump.
This is the biggest news story of the day that's
being ignored. Lisa has more.

Speaker 7 (25:20):
That's according to ABC News, Asuff Merchant flew from Pakistan
to the US after spending time in Iran to recruit
hitmen to carry out the assassination attempt on Trump and
attacks on other public officials. Merchant contacted a confidential informant
that was working with the FBI and was arrested. He's
charged with murder for hire. I'm me se Tailor.

Speaker 1 (25:39):
Well, we may be cuckoo for Coco Poffs, but not
so cuckoo for lead in our Coco Puffs. Two federal
lawsuits are seeking millions from General Mills. Michael Kashner reports.

Speaker 11 (25:52):
Playing to have say Coco Poffs serial could contain high
levels of lead. The suits filed recently in Minnesota and
California are calling for more than five million dollars in
damages for consumers nationwide. One suit claims one cup serving
of cocoa Puffs contained just a little less than the
state's maximum allowable limit of point five micrograms of lead.

(26:14):
I'm Michael Kastner.

Speaker 1 (26:15):
Stranger Things. It's going Broadway. In fact, it's gonna turn
Broadway upside down. They should steal that light anyway. The
sit off of Stranger Things, The First Shadow, will debut
on the Great White Way in the spring. The play

(26:37):
takes place in nineteen fifty nine in Hawkins, Indiana. Was
the show in nineteen fifty nine? No, No, it was
the eighties when it started. Yeah, yeah, because they kept
playing the what was the eighties song? That's the theme
that they always play. Yeah, it was one of those
alternative hits. Can't remember Yeah, I'm blank? All right? Well, anyway,
The play will be nineteen fifty nine, Hawkins, Indiana, feature
familiar characters. As a Netflix series, the preview performances are

(27:01):
going to begin in New York on March to twenty eighth.
It opens on April the second notice they avoided. April
first women's soccer team won a game against Germany, won
nothing and extra time they go for the gold. On Saturday,
the US ones volleyball team continued their dominance with straight
set wins over Poland. Team USA will take on Brazil

(27:21):
in the semi finals tomorrow afternoon. Gabby Thomas celebrating her
first career Olympic gold medal, winning the women's two hundred
meter on Tuesday. The US is now alone on top
of the gold medal standings, both in terms of gold
and total medals. The US now is twenty four gold
medals eighty six total. I think next closest is China
with fifty nine total medals. That'll give you a twenty

(27:44):
seven medals behind host nation France total of forty eight medals.
This is Andy Hickson, formerly of Nashville, now living in Detroit, Michigan,
thanks to iHeartRadio.

Speaker 5 (27:58):
My Morning show is Your Morning.

Speaker 1 (28:00):
He's a big deal. He's Rory O'Neill. It's time for
the final story. Here's Rory. You hate it when I sing,
don't you? Yep?

Speaker 3 (28:10):
The audience does.

Speaker 5 (28:11):
It's not just me.

Speaker 1 (28:12):
Yeah, you're embarrassed to be a part of the show.
I agree, I can tell all right. So Friday was
a huge sell off. I guess we blamed that on tech,
and then we had the fat jobs numbers, and then
the jobs numbers that led to a historic sell off
on Monday yesterday, amission of a correction. Good, So it

(28:33):
is today holding store for us.

Speaker 5 (28:35):
Well, at least we weren't.

Speaker 3 (28:36):
You know, the boat wasn't taken on more water yesterday.
So yeah, there's a bit more optimism as a result
that maybe what we saw with Monday, well really with
Friday Monday was a bit more of a correction rather
than this idea that we're tipping into recession.

Speaker 1 (28:54):
The concern it was, and it is that.

Speaker 3 (28:56):
When you look at the jobs data that perhaps you
know tough times are close, are ahead, that we may
realize and that the Fed may be behind the game
once again. You know, they've been criticized for being too
slow to raise rates and now they may be too
slow to cut them.

Speaker 1 (29:11):
Well, there was a lot of reaction obviously when you look.
I mean, I remember late on Monday, the talk began, well,
the Fed may do an emergency rate cut, you know,
And of course then when you start looking at when
has the Fed ever done that, you're looking at after
nine to eleven during COVID, This doesn't match that. It
does show us going, you know, struggling to soft land

(29:36):
and avoid recession, and we're still somewhere in between. So
it's possible, but it looks a little bit more like
several bad things at once. Now we're getting a pretty
clear word the Fed doesn't have any intention of doing
an emergency rate cut.

Speaker 3 (29:49):
Yeah, that seems off the table, and that's just those
talking heads feeling time. Yeah, because this does seem like
more of a correction. Look after a good, strong run
for a while, this we've been bound for this correction.
I think for a while. We are seeing it more
in the NADAC than in the Dow, which you know,
we've seen a bigger correction on the tech side of things.

Speaker 1 (30:09):
But we've heard from.

Speaker 3 (30:10):
Investors also saying, hey, look, you know we had a
good run. I'm taking some profits off the table.

Speaker 1 (30:15):
Roy O'Neil's joining us on the volatility in Wall Street.
You know, I talked to a lot of money exper respect.
We'll talk to David Bonston tomorrow as we do every Thursday,
and they all tell me how this isn't true. But
all I can tell you is go back and look
at the numbers on Wall Street. The morning after Donald
Trump defeated Hillary Clinton and explain it to me so
I can tell you that this sell off. Sure, I'll

(30:37):
grant you. The job's number was big, The signaling of
the Fed not lowering interest rates was big. The tech
earnings report was big. But also you have the whole
Kamala coronation going on, and people like suddenly convinced Donald
Donald Trump went from he can't lose, no matter what,
we can't win, no matter what. When it was he

(30:59):
can't look o the market was up, when it's he
can't win, the market's down two thousand. I mean, I
get the feeling if Tim Waltsh or Mama La Kamala
do something really stupid the next day or two, I'll
make more money on the stock market than I have
for any other good reason. How do we disconnect these things,
because they sure look linked.

Speaker 3 (31:19):
Well, right, And you know, it's it's a dangerous game
when politicians trying to take credit for what's happening on
Wall Street or lay blame, and that's because it always
comes back to bite you, right, And you know, try
to keep politics out of this is probably a good idea,
but you know that's the real world. We live in
and that some of the policy changes that these candidates

(31:39):
may propose could have some significant impacts on these companies.

Speaker 5 (31:42):
I mean, because if you're already getting warnings.

Speaker 1 (31:45):
Go ahead. We're already gotting warnings.

Speaker 3 (31:47):
We're already getting warnings from companies like Disney that consumer
spending is softening. They're seeing that right around the corner.
But at the same time, you know, they're also raising
prices on you know, Disney Plus and Hulu, so they
do they obviously they feel their sort of confidence there.

Speaker 1 (32:01):
Yeah, Mickey's wanting you to pay up Disney, ESPN Plus, Hulu,
and I mean we're looking at like nineteen ninety nine
a month. I mean there are about two dollars hikes
in prices whether you go with commercial or commercial free.
So yeah, all right, well this will all play out
in real time. I think uncertainty is huge in the
market because a company can respond, You can raise taxes

(32:22):
to whatever you want, and they can respond and plan
and adjust when they don't know. When they can't figure
out if America is going to go this way or
that way, I think it starts playing into that and
I think that's a little bit, but the truth is
it was all of the above and all the above.
I don't know does it exists today? We'll find out

(32:44):
in about what an hour, hour and a half. Yeah, so,
Lori O'Neil, great coverage today. We'll talk again tomorrow. Busy
day things to keep your eye on. Obviously, this was
a strange start. I mean, if you're gonna go with

(33:04):
a Minnesota governor, why do you launch it in Pennsylvania?
As you chose the Minnesota governor over the Pennsylvania govern
that's strange. But now you're hitting all the states. So
the big question is what does Tim Walls bring to
the table more than jd Vance for places like Michigan
where their governor was overlooked, or Wisconsin, or Pennsylvania or Arizona.

(33:30):
Let's see how this ticket plays in all the states
other than Minnesota. We're all in this together. This is
your Morning Show with Michael openhel Joo