Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Jay Radliff joins us now from Daytrade fund dot com. Jay,
welcome and thanks for being here.
Speaker 2 (00:05):
Pleasant get boarding to you, my friend.
Speaker 1 (00:06):
Well, lot's going on with our president, with Washington, the
government shut down, FED and the interest rate cuts maybe,
but also let's not forget they're in the back burner
section of the gas burners. The tariffs are still being discussed,
and China is still a hot button right now. And
(00:26):
what are the markets thinking about all that right now?
Speaker 2 (00:29):
Well, you know, Friday, we hear about the tariffs against China,
and the market drops, and then we here on Monday
that the tariffs you know, are going to be looked at,
maybe revised, and the market goes up. So it's kind
of a you know, pack your drama mein kind of thing,
because the market is still responding back and forth. And
I think a lot of this GT has to do
(00:49):
with the fact that a lot of investors recognize that
a lot of these stocks are at historically high prices.
In fact, in some people's minds, like Gie Diamond and others,
they are at alarmingly high prices, and that to them
is a recipe for some sort of a market correction
(01:09):
sometime soon. They don't know if it's six months or
two years from now, but they said it certainly. You know,
it's part of the market movement. It happens from time
to time. So every time you see one of these
reactions on tariffs or any other type of thing, there's
the concern is, Okay, is this going to trigger the
expected selloff that's going to happen from time to time
that might trigger some sort of a market correction. So
(01:31):
I think that's in the back of the minds of
a lot of investors. Also, October is not really known for,
you know, good news, because a lot of times we
seem to have some of the market sharp corrections in
the month of October, although the month shouldn't have anything
to do with it, but you know, sometimes people are,
you know, superstitious, those kinds of things. But you know,
the bottom line right now is that the market is
(01:53):
is chugging along. It's still extremely strong. We're entering this
week into earnings and we're to be seeing just a
boatload of companies report their earnings and more importantly, their
future guidance, which is really going to give us a
snapshot on what they're expecting. Those tariffs and other types
of business challenges or advantages and how they're going to
play out.
Speaker 1 (02:14):
Is this the month that people should just kind of like, okay,
just turn the laptop off, just you know, don't look
at anything. Let's not keep doing any trading. Let's just
calm down and go away. Let this shake up happen.
The earnings reports coming out, what's going on with the
government shutdown? The FEDS kind of on hold now because
the data needed for Jerome file to make the decision
isn't there because of the shutdown with the government. Employees
(02:36):
that provide that are on the sidelines. Shall we just
kind of leave it alone for a month and let
the dust settlem You know, if.
Speaker 2 (02:43):
You're retiring five, six, eight, ten, fifteen years from now,
that's that's good news and good advice anytime, because the
last thing you want to do is to allow the
headlines to concern you to the point that you think,
oh my gosh, I've got to change things right, because
when you get in start messing with things, that's when
there's a problem. The only thing I would suggest is
(03:04):
keeping an eye on the markets. If you've got cash
on the sidelines and you're like, you know, if somebody.
These stocks do go on sale, like happen from time
to time. Let me pick my top eight or ten
and pick some you know, if you will, ridiculously low
priced twenty or thirty percent below where they're at right now,
so that if there is a market correction of some
kind that happens, that when these stocks drop, instead of
(03:26):
panicking like the rest of the world, I'll pick up
some of my favorite stocks at some incredibly discounted prices,
which long term is really going to work out for me.
The problem is people don't do that, so when the
market correction happens, they freak out and instead of thinking
about buying stocks at a certain point, they're selling, and
sometimes they're selling at the absolute low, only to see
(03:47):
the market respond. So, yeah, if you don't have money
to invest other than your monthly contributions, you're right back
off and forget about it, go along business as usual. Yeah,
but if you've got some cash on the sidelines, yeah,
I would be paid because you might see some buying opportunities. Look,
that's what Warren Buffett and a lot of the other
bazillionaires do, and I think that's certainly good advice.
Speaker 1 (04:07):
All right, let's talk about the government shutdown just a
little bit here, as inflation is expected to remain above
two percent right now, and that's the target you know,
the FED wants to see here, and we're not there yet.
But with a lack of data that your own power
is not getting, you know, because of the shutdown, does
this change things for another reinterest rate cut?
Speaker 2 (04:27):
I think I think the realization is is is coming
down on investors that Okay, we were hoping after the
one interest rate cut, we were going to get two
more before the end of the year. And I think
the reality of the moment is settling on them saying,
you know, if we get one more, that's going to
be good. And I think that's where the market's really
looking at right now, kind of abandoning the idea that
(04:48):
we're going to get, you know, multiple interest rate cuts
after all those months and months and months and months
and months of nothing happening. So that's kind of a
given at this point in time, and I think that
the data is going to give us what we need now.
It's the shutdown. We don't have the government job numbers
and things that we normally get it the first of October.
There's other data that we will be getting sporadically. But
(05:09):
the bottom line is you're right, Jerome pal is going
to do what they've been doing, and if anything, they're
going to be a little slow to react because the
last thing you want to do is to get into
a point where you do too much too fast that
could put the economy in harm's way. And they've been
doing a good job up till now, even with a
lot of the obvious pressure from Donald Trump and from
(05:29):
business leaders and other people about how they need to
do more, need to do more. You know, it's easy
to say that when you're not the one calling the
shots and being responsible for the decision.
Speaker 1 (05:39):
Well, you know, Donald Trump, he likes to press you know,
the pedal to the metal, and Jerome likes to keep
it around fifty five going down the interstate. So, you know,
a little different analysis on what's going on with the
market and Trump's you know, let's just call it a
little risk here and a little more aggressive when it
comes to you know, finances and business deals and getting
money moving. So I think we're probably going to sit
tight for a little bit anyway. Yeah, I'm with you.
(05:59):
I think one more interest rate cut by the end
of the year we ought to be counting our blessings.
Jay Ratlif, Thanks buddy, I appreciate you.
Speaker 2 (06:05):
Have a good day.
Jay Radliff joins us now from Daytrade fund dot com. Jay,
welcome and thanks for being here.
Speaker 2 (00:05):
Pleasant get boarding to you, my friend.
Speaker 1 (00:06):
Well, lot's going on with our president, with Washington, the
government shut down, FED and the interest rate cuts maybe,
but also let's not forget they're in the back burner
section of the gas burners. The tariffs are still being discussed,
and China is still a hot button right now. And
(00:26):
what are the markets thinking about all that right now?
Speaker 2 (00:29):
Well, you know, Friday, we hear about the tariffs against China,
and the market drops, and then we here on Monday
that the tariffs you know, are going to be looked at,
maybe revised, and the market goes up. So it's kind
of a you know, pack your drama mein kind of thing,
because the market is still responding back and forth. And
I think a lot of this GT has to do
(00:49):
with the fact that a lot of investors recognize that
a lot of these stocks are at historically high prices.
In fact, in some people's minds, like Gie Diamond and others,
they are at alarmingly high prices, and that to them
is a recipe for some sort of a market correction
(01:09):
sometime soon. They don't know if it's six months or
two years from now, but they said it certainly. You know,
it's part of the market movement. It happens from time
to time. So every time you see one of these
reactions on tariffs or any other type of thing, there's
the concern is, Okay, is this going to trigger the
expected selloff that's going to happen from time to time
that might trigger some sort of a market correction. So
(01:31):
I think that's in the back of the minds of
a lot of investors. Also, October is not really known for,
you know, good news, because a lot of times we
seem to have some of the market sharp corrections in
the month of October, although the month shouldn't have anything
to do with it, but you know, sometimes people are,
you know, superstitious, those kinds of things. But you know,
the bottom line right now is that the market is
(01:53):
is chugging along. It's still extremely strong. We're entering this
week into earnings and we're to be seeing just a
boatload of companies report their earnings and more importantly, their
future guidance, which is really going to give us a
snapshot on what they're expecting. Those tariffs and other types
of business challenges or advantages and how they're going to
play out.
Speaker 1 (02:14):
Is this the month that people should just kind of like, okay,
just turn the laptop off, just you know, don't look
at anything. Let's not keep doing any trading. Let's just
calm down and go away. Let this shake up happen.
The earnings reports coming out, what's going on with the
government shutdown? The FEDS kind of on hold now because
the data needed for Jerome file to make the decision
isn't there because of the shutdown with the government. Employees
(02:36):
that provide that are on the sidelines. Shall we just
kind of leave it alone for a month and let
the dust settlem You know, if.
Speaker 2 (02:43):
You're retiring five, six, eight, ten, fifteen years from now,
that's that's good news and good advice anytime, because the
last thing you want to do is to allow the
headlines to concern you to the point that you think,
oh my gosh, I've got to change things right, because
when you get in start messing with things, that's when
there's a problem. The only thing I would suggest is
(03:04):
keeping an eye on the markets. If you've got cash
on the sidelines and you're like, you know, if somebody.
These stocks do go on sale, like happen from time
to time. Let me pick my top eight or ten
and pick some you know, if you will, ridiculously low
priced twenty or thirty percent below where they're at right now,
so that if there is a market correction of some
kind that happens, that when these stocks drop, instead of
(03:26):
panicking like the rest of the world, I'll pick up
some of my favorite stocks at some incredibly discounted prices,
which long term is really going to work out for me.
The problem is people don't do that, so when the
market correction happens, they freak out and instead of thinking
about buying stocks at a certain point, they're selling, and
sometimes they're selling at the absolute low, only to see
(03:47):
the market respond. So, yeah, if you don't have money
to invest other than your monthly contributions, you're right back
off and forget about it, go along business as usual. Yeah,
but if you've got some cash on the sidelines, yeah,
I would be paid because you might see some buying opportunities. Look,
that's what Warren Buffett and a lot of the other
bazillionaires do, and I think that's certainly good advice.
Speaker 1 (04:07):
All right, let's talk about the government shutdown just a
little bit here, as inflation is expected to remain above
two percent right now, and that's the target you know,
the FED wants to see here, and we're not there yet.
But with a lack of data that your own power
is not getting, you know, because of the shutdown, does
this change things for another reinterest rate cut?
Speaker 2 (04:27):
I think I think the realization is is is coming
down on investors that Okay, we were hoping after the
one interest rate cut, we were going to get two
more before the end of the year. And I think
the reality of the moment is settling on them saying,
you know, if we get one more, that's going to
be good. And I think that's where the market's really
looking at right now, kind of abandoning the idea that
(04:48):
we're going to get, you know, multiple interest rate cuts
after all those months and months and months and months
and months of nothing happening. So that's kind of a
given at this point in time, and I think that
the data is going to give us what we need now.
It's the shutdown. We don't have the government job numbers
and things that we normally get it the first of October.
There's other data that we will be getting sporadically. But
(05:09):
the bottom line is you're right, Jerome pal is going
to do what they've been doing, and if anything, they're
going to be a little slow to react because the
last thing you want to do is to get into
a point where you do too much too fast that
could put the economy in harm's way. And they've been
doing a good job up till now, even with a
lot of the obvious pressure from Donald Trump and from
(05:29):
business leaders and other people about how they need to
do more, need to do more. You know, it's easy
to say that when you're not the one calling the
shots and being responsible for the decision.
Speaker 1 (05:39):
Well, you know, Donald Trump, he likes to press you know,
the pedal to the metal, and Jerome likes to keep
it around fifty five going down the interstate. So, you know,
a little different analysis on what's going on with the
market and Trump's you know, let's just call it a
little risk here and a little more aggressive when it
comes to you know, finances and business deals and getting
money moving. So I think we're probably going to sit
tight for a little bit anyway. Yeah, I'm with you.
(05:59):
I think one more interest rate cut by the end
of the year we ought to be counting our blessings.
Jay Ratlif, Thanks buddy, I appreciate you.
Speaker 2 (06:05):
Have a good day.
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