Episode Transcript
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Speaker 1 (00:01):
Investor's Edge with Gary Cultbomb, straight talk about you and
your money now from the Biz Talk Studios. Here is
Gary Cultbomb.
Speaker 2 (00:11):
And well once again to Investor's Edge. I'm Gary kolbaumb
your host day. Thanks for being with us today. Glad
you're here, ladies and gentlemen. Happy that you are listening.
It is Tuesday, September ninth, twenty twenty five. I hope
you're having a good day. I want to thank Adam
sorry for doing the show yesterday. Out of nowhere, things
came up and he was right there ready to help out.
(00:38):
As always, We thank him very very much, and you know,
we do know we're a little bit different. Adam will
come on here and do markets and lessons. We'll do
everything that we think is necessary outside of the markets,
the economy, and just things that happen out there that
(01:00):
we think matter to our future, your kid's future. And
we're going to bring that up in one minute, something
that happened and the reaction to it happening. Wonder if
you're already guessing. But first, this is serious talk on
everything that affects you. Will do the markets, the economy,
(01:24):
your job, your industry, whatever necessary, and if you do
not get this radio show in your city. We will
post it at Garyka dot com. We'll us post it
on our x feed, also the YouTube channel of biz TV,
and if you'd like to email us Garyka dot com.
(01:46):
We just ask you be nice, because we're always going
to be nice back unless you like comas. So I
don't want to start with the markets today. As you know,
I really do believe there are so many moving parts
(02:07):
in this country that matters to our matter to our future.
And you know, the things we've brought up a hundred times,
my disappointment in all our leaders, in the debt and
the deficits, and the just the bs, and the spewing
of lies, the protection of themselves. I can go on
and on and on, but one of the things we
(02:29):
have talked about here, and if you don't think it matters,
you see, we don't want crime to matter only when
it hits home. My wife, before I even met her,
(02:50):
was carjacked in South Miami, driven to a remote wooded area.
She thought she was dead. They let her go. She
got lucky. My wife in Boca Ratone, Florida, in the
(03:12):
middle of the day, unbeknownst to her, was being watched
in a drug store in Bokerra Tone with my young son, Aaron,
when I think he was three or four years old,
and she got back in a car and he jumped her,
put a gun to her head, Give me your watch,
(03:39):
and she was lucky. She gave him the watch and
he was gone. We only found out afterwards that there
was a group of thugs in Boca Ratone that did
it quite the few times, and they kept it on
the down low. You know what the down low means. Right,
(04:01):
And throughout the years, I've been worried, and we've talked
about it. We've talked about how we're worried that crime pays.
How is it. Cities can come up with you can
shoplift up to nine hundred and forty nine dollars and
(04:23):
you'll be fine. Nine to fifty y're in trouble to
the point where the shoplifters would go in with a
calculator and add up the things they would steal, to
the point where in New York City everything's locked up,
toothbrushes are locked up. We are also finding out in
(04:43):
many A City people arrested twenty thirty times for violent
offenses and just let out like nothing happened. Think about that.
Let me be little bit on the graphics side. Imagine
if it was you and somebody beat the crap out
(05:05):
of you, mugged you in the street, took your belongings,
punched you in the face, broke your orbital bone in
your eye. Months to get better, and they would just
let out cashless bail. Do you know why the Charles
(05:31):
Bronson movie sold so well? Death Wish? Because people sick
and tired of crime paying. Because I don't know if
you've read, but Irena Zarutska, a Ukrainian refugee that was
living in a bomb shelter in Ukraine, came here for
(05:55):
a better life working at a pizza shop relatives here.
Also got on one of these buses in North Carolina,
and a violent felon who was let out on Cashles's bail,
was sitting behind her, took out a knife and carved
her up and murdered her, a beautiful young woman, his
(06:22):
past crimes paid. And by the way, they weren't shoplifting crimes,
they were violent crimes. She's dead and we find out
it happened on the twenty second, and we also find
out that it was kind of sort of no mention
(06:48):
until the video came out. And then the video comes out,
and then we get the reactions. You know what the
reactions are of the media. None. None, It didn't fit
their template. Because the media hates you. You suck. The
(07:13):
media hates you. Only until people were up in arms
did the media start covering it, and then you get
a yutz like Brian Stelter comes out and get this,
doesn't talk about the murder. He talks about how the
(07:37):
people on the right are using the murder because they're
racist because it was a black man that did it.
I got news for you. I don't care if he
was black, white, green, blue, yellow, and Martian from Mars.
This is what we're dealing with. A moron that's on CNN,
a journalist that has a bully pupe that can do
(08:01):
good things and talk about crime and what I'm talking about. Instead,
he calls the right racist for bringing it up, and
the rest of the media ducked it. I bet you
if the person was wearing a MAGA hat that did this,
(08:23):
they would have been having crap fits. So there's a
double problem here. The judges suck, the justice system is weird,
and the media couldn't give a crap about you, of course,
(08:45):
unless it happened to them. And why does this matter? Well,
if you don't think it matters longer term, I can't
help you. There are judges out there that just let
them out. Just let him out, let him out. You
have a guy running familiar in New York City. Do
you know what one of his platforms is? Releasing a
(09:08):
lot of prisoners. Yes, let's have a platform of releasing criminals.
Oh and let's vote for him. What's his other platform? Oh,
less police officers. That'll help. Just letting you know, everything
(09:32):
I'm stating to you is fact, no opinion. This is
exactly and actually what has been going on. It's an
insane asylum. And a young Ukrainian woman is dead because
of the insane asylum, and then the media stomps on
her head after she's dead. Wasn't going to report it?
(09:57):
What do they care about a young Ukrainian women here?
Unless the murderer fit their template? Catching my drift, This
matters to me. I have two sons that live in
(10:19):
New York City. When I'm in New York City and
I'm in the subway, I'm standing against the wall and
looking left and right unless there's police officers. And the
good news is there's a lot more in the subways
that shouldn't have to be up. Next, we'll put a
bow tie on it, hit the markets. I'm Gary.
Speaker 3 (10:40):
This is the one only Investor's Edge. Hi.
Speaker 4 (11:02):
I'm Gary Kolbaum hosted a nationally syndicated radio show, Investor's Edge.
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Speaker 5 (12:05):
It's time to switch on the integrator units and to
get the brain cells working.
Speaker 6 (12:09):
You're listening to Okay, it's promise it could be fun.
Speaker 2 (12:14):
Investor's Edge the last bastion of quality programming.
Speaker 6 (12:18):
With Gary called Bob. It doesn't get better than this.
Speaker 2 (12:38):
And welcome once again to Investor's Edge. So I just
want you to remember all these things we're talking to you.
This is about everything we do. It has everything to
do with your jobs. I got news for you. How's
(12:58):
your jobs if you live in places like Oakland or
how about downtown Portland. I get a lot of emails
from people in downtown Portland. The media really does suck.
They could do such good. And by the way, we're
(13:21):
not talking opinion people. We're talking the anchors. We know
opinion people on the left and on the right are
in the tank. We know that we're talking to. When
you have a guy this Brian Stelter on CNM that
is supposed to be the fact checker and instead of
talking about a murder and how did it come about
that this guy's out of jail. Know that people are
(13:47):
bringing it up because they're racist, I'd like to sit
down with him and have a talk to him. Don't
think it would affect anything. Be worth a shot anyway.
That was my take. How to bring that up next?
(14:12):
Dow up one ninety six, SMP seventeen, as that eighty,
Nasdaq one hundred and seventy seven. The advanced declines were
not good today. It was kind of big ish today.
Of note in the dow between Goldman Sachs and United
Health to the fifty times six three hundred, three hundred
(14:34):
and twenty dow points with the Dow up one ninety
six United Health. The story goes is that as you know,
three or four weeks ago, Hedge Funds bought a crapload
at least in the quarter before they were losing their butt.
It got announced, including Warren Buffett sat around for three weeks.
Today broke above that little range at the bottom.
Speaker 5 (14:56):
Uh.
Speaker 2 (14:56):
And it matters because United Health took two thousand points
off the Now Goldman Sachs was up twenty two today,
and that's because of JP. Morgan was at a conference
saying things are pretty good, and of course they're the
greatest bookies on earth, these banks, and whatever they do,
(15:18):
they're great bookies. And by the way, that's not a
put down. So the good day for JP Morgan Goldman, Sachs, Morgan,
Stanley and those And I will tell you that weakness
today everything economic, but I'm not sweating it just yet.
I'll let you know if there's trouble there. The job
(15:40):
market is definitely weaker, leave no doubt about that. Jobs
are not as plentiful as they used to be. We'll
see how that plays out. We are still very upset
with this administration lying to you about they fired the
head of the BLS and said it was rig that's
(16:01):
a lie. We also need to mention that they're now
complaining that to cover up for all that. BS Well.
Things need to be fixed on how they do things.
We've been telling you that for twenty years. What have
we said on this show. How is it possible they
can come up with the employment numbers with a sampling
(16:25):
so small? That's what we always tell you. The other
thing we have told you are wonderful government over the
last couple of decades has changed the formula, has changed
the formula on inflation to make it lower than it
(16:47):
really is, and change the formula on GDP to make
it higher than it really is. Throughout the years. You
can change these little formulas. Remember the government that they
don't have your best interest. You think they have your
best interest. They changed the formula and make all the
numbers look better throughout the years. That's what they're very
good at. That's the story there. But the market's acting swell.
(17:18):
Yields have come down, though they were bounced up a
little bit today. There's some weird things going on in
the market. Oracle reported earnings. They missed numbers. They missed numbers.
A stock closed at two forty one, it's two seventy eight,
and thefter market. That's the second big gap in a
row for Oracle on missed numbers. It's very weird. And
(17:45):
in fact, on Oracle earnings were up. Let's see a
six percent, that's it, six measly percent. They made some
announcements I think having to do with maybe AI or
(18:07):
stuff like that. I got to check that out and
just remember for us, it's not the news, it's how
things react to the news. But Oracle will not hurt
the market tomorrow. It is a big name and I'm
(18:28):
just looking at all up to figure that out. Otherwise
I can complain about a few things in the market.
I can tell you about what ain't. There's still plenty
of areas troublesome, but overall it'd be cool. Tomorrow is
(18:54):
another day. There's a lot of moving parts going on.
As we have told you, Stable oil prices, stable interest
rates or lower oil prices and lower interest rates fundamentally
is a good thing. Fundamentally is a good thing. And
(19:18):
you know that if interest rates go down, cost of
mortgages go down, cost of loans go down, cost the
capital goes down. And if oil prices go down, well
you know what that means. And maybe you want to
google the words how many products and what products are
made with petroleum? That would just be another thing to
(19:44):
look at. Major indices remain above moving averages. Transport's still weak.
There ain't nothing going on there. Gold probably hit a
near term top today, but that's only left a real
(20:05):
strong move after the eighteen week range breakout. China better,
Japan better, By the way, My wife and son are
in Japan right now. I've been there once. This is
my wife's second time, and absolutely loves it there. It's
(20:27):
a pretty cool place, by the way. If you've never
been there, it's a visit and I got to say
it about China also, it was fantastic. Up next, what
else to cover? I'm Gary, this is the one only
investor's Edge you're listening to.
Speaker 6 (21:12):
America is talking falling Investor's Edge. He's gotta be The
crowd is just on his feet here, said a boy
with Gary called Bob.
Speaker 5 (21:23):
I'm highly recommended. You're gonna feel better if you talk
to him.
Speaker 2 (21:36):
And walk once again to Investor's Edge. Thanks for being
with us today. By the way, we used to say,
hope you don't mind me talking about other things, but
I have to tell you we don't say that anymore,
because dang, is this stuff important. You know, there's been
(22:02):
talked for a while about easy going judges on criminals
and never wanted to believe it, but man, it is
out there in droves, out there in droves. And what's
interesting is this administration just put federal charges on this murderer,
(22:27):
which is not normal. And maybe they're reaching, but man,
I love, I'm just a big believer. If you don't
make crime pay, crime continues. And look what's going on
in Washington, d C. It is amazing to watch these
(22:48):
other mayors man at Trump for taking murders down to
zero in Washington, d C. Because he put a presence
there and made the criminals know you are screwed if
you continue to do what you're doing. And if they
don't like Trump and they think he's some sort of
dictator and he's overreaching and stuff like that, instead of
(23:09):
whine and complaining, maybe you want to do a bigger
presence in your own city. I'm especially mentioning Chicago because
the governor and the mayor of Chicago suck when it
comes to their citizens. Sucks. They were talking about how
(23:30):
crimes down from big, argantuan levels. It's like the wild,
wild Western certain areas there. And instead of complaining about Trump, Hey,
let's see. So Trump put this bigger presence into Washington,
DC and crime has stopped. Hm hmm. I have an idea.
(24:00):
Let's copycat that. No whine and complain that Trump's a dictator.
And by the way, you know, I'm no fan of Trump.
I'm upset with a lot of things he's been doing,
but I am a fan of other things he's been doing.
It's like half in half anyway. We just think this
(24:20):
is just so important. We really do imagine your community
that you live in city, live in and imagine if
you're scared to go out at night, Imagine if you're
scared to walk the streets. There are cities out there
in the United States of America. Twenty twenty five. They're
(24:41):
interviewing women in Oakland, and the women are saying, Island,
I won't let my kids out at night. What it
shouldn't be. And it all comes down to leadership and
Gary Kolpaum any city I'd be running, there'd be no crime.
(25:05):
I would scare the living crap out of every criminal.
I'd be tough and would be very simple. I tell him,
just don't do crimes, don't commit crimes. You're good, and
that's it. Anyway, we're done with that for now. Few
other of notes. Apple, So the stock has been acting
(25:28):
better because Tim Cook kissed Trump's butt and made up
this story that he's gonna spend I don't know trillion
bucks and he's not. He's just appeasing the president, and
the President gave him exemptions. Maybe Apple do a couple
of things here and there and spend a little bit,
but as soon as Trump's gone, they're gonna stop. I'm
(25:48):
a big believer in that anyway, So Apple announced new
products today and amazing that just sold off. And I'm
just thinking to myself, does all Apple have is the
next watch in the next phone. And I'm hearing they're
gonna do a flip phone. Is that gonna sell? And
by the way, nothing, I've had Apple forever and I finally,
(26:10):
after about four years, got a new iPhone. And I
don't know if it does anything different. Maybe it's a
better camera. I don't know, but I just decided to
get it. You know why. I was at the store.
My wife was getting one. I said, okay, I'll get
one too. Couldn't let her one up me anyway. Fantastic company.
But I got a question, Oh, it's just the next phone,
(26:35):
oh with the next watch. And I'm trying to think
what else can they do next? And I'm not sure
of that answer. They were going to do an auto
that ain't happening. That was like fifteen years ago. Anyway,
that's Apple next. Just a little note and I think
(26:57):
you're seeing it also. And as you know, when I
go to the supermarket and stuff, I check things out.
The bag of chips is so much smaller than it
used to be at the same price. Actually the price
may be a little bit higher. The people that say
there's no inflation are lying to you. There is. And
(27:18):
when we get inflation numbers, I don't believe half of those. Uh,
Saint Regis, Chicago. I'm just mentioning. This has nothing to
do with Saint Regis, has nothing to do whether it's Chicago.
They are putting on a three point five percent inflation
surcharge added to the bill, but you don't have to
(27:40):
pay it. So, in other words, if you see it
on the bill and you don't want to pay it,
you can just tell them they'll take it off. But
they put it on first, and if you don't see it,
you're screwed. Instead of saying, do you mind if we
put it on? And they are not the last that
(28:04):
is doing this, and they're not the first. There's a
lot of companies now and a lot of establishments that
are putting on these little additional inflation Thingma Bob's out there,
do you know at this juncture, I only look for
(28:24):
two for ones at the supermarket, and I know which
ones they do. Prices are up there and I'm not
seeing anything come down. Just letting you know, the papperonis
you know pupperonis are they're you know, dog traits. They
(28:49):
are so much higher in price than a few years ago.
I can't even begin to tell you. But I think
once a month they have the two for one, so
I do that. I do the two four one Pepsi
zeros when it's out. I noticed they had two fo
one Eminem bags, and then I looked at the Eminem
(29:10):
bags and realized they're like fifty percent higher. My wife
get a certain type of coffee. I forgot the name
of it. They used to go for seven ninety nine
for a box of them, and they used to offer
two for one. It's seven ninety nine. They're now twelve
(29:33):
ninety nine and you get two for one. You're back
to the old price almost. There is a lot of
that going on, just letting you know. I don't think
we're out of the woods yet on that, which has
me a little worried about the president. As you know,
(29:57):
he will be running the central bank. He's just going
to put puppets in to run the central bank, and
if he goes too far on the easy money, he
will pull a Powell. You know what. A Powell is
The reason we got nine percent inflation because Powell printed
to nine trillion dollars and took rates to zero and
(30:19):
kept them there. Inflation is not a phenomenon of government spending,
even though the right blame Biden it is. It is
a central bank phenomenon of stupidity. Too much money created
to chase nothing. So that worries me. So just letting
(30:42):
you know if you think we're out of the woods
on inflation, at least from what I'm seeing, food inflation
ain't dying so quickly.
Speaker 6 (30:53):
Now.
Speaker 2 (30:53):
There's other things that are better. You know where it's
getting deflation, housing, housing, sawt I can tell you that
electric vehicles soft, especially Tesla's. Go look at what Tesla
used car prices were like eighteen months ago and where
they are now. I think they're down like a bazillion percent.
(31:16):
You can't be a bazillion Expensive watches have come way down.
So there's some deflation out there, and there's some decent pricing.
The big thing for me, let's hope oil prices just
stay where they are or lower. MOUI importante up next this,
(31:40):
that and the other thing or whatever else. I'm still
trying to figure out a oracle. I'm gary this is
the one only Investor's Edge.
Speaker 6 (32:14):
You're listening to what are you waiting for?
Speaker 1 (32:18):
One?
Speaker 6 (32:20):
Ready? We can't recalled Bob.
Speaker 2 (32:39):
Yeah, so my Giant sucked Week one. My fantasy football
team get this. Going into last night, I was tied.
Me and my buddy Randy each were tied, and we
were coach of the week tied. Also, all I needed
was one point to win, that's it. I had the
(33:01):
tight end from Minnesota. He got no points. So I
end up tied for the week. How depressing. But I
do have a very good team. I do believe this
year it will come down to injuries as usual. But
I really do believe I have one heck of a
team this year. And I don't say that every year.
(33:21):
In fact, I complain most years. I picked up in
the seventh round Za Flowers, who is the number one
receiver in the Week one for Baltimore, and of course
I have Lamar Jackson also for Baltimore. That's just the
scoring machine. And I got not Bijean. I got Jamir Gibbs,
(33:43):
who didn't have a good week in Week one Detroit,
but I'm not so worried about him. I should have
taken Saquan though, and that is our fantasy football. Watch
a madoogie for the day I should have won. Oh well,
let's see what else I wrote down. I think that's
(34:05):
about what I wrote down. My big complaint was a
little bit outside of the market. Today, it hits home
when you see this and when you just start reading
(34:25):
about these judges and you hear this guy was arrested
fourteen times, and a bunch of them were violent offenses,
and he got cashless bail. There was another murder I
saw a week or two ago, same thing. It should
be so easy and so logical, too, so easy and
(34:51):
so logical. Back on the economy, So the job market
has weakened. I'm gonna be watching it closely. If anything's
(35:14):
going to cause a problem for the economy, it will
be a weakening job market. And typically typically a job
market that trends down usually trends for a while. And
you have to remember, I do believe the uncertainty of
these tariffs are part of the equation. Maybe the AI
(35:39):
and maybe just cyclicality. I don't know, but we're gonna
be watching because we're always putting out questions to our
peeps across the country, and a lot of the we're
getting people saying no business is good, business is fine.
(36:00):
We're getting a lot of industries coming back to us
talking about softness, the not needing new hires. And that's
for starters, not needing new hires. That's besides getting rid
(36:22):
of already employed. And how does that work? Well, you
tell me you're out a job, you got to go
on unemployment. Have you ever seen what they pay you
for unemployment? We always hear the story about how many
(36:45):
people live paycheck to paycheck, also about savings, how much
lightened savings people have. So what do you think happens
when people are worried about their job, still have a job,
(37:06):
or lose their job. You got it? And where will
we see it? We'll see it in listen carefully, airlines,
cruise lines, Disney, retailers. Economically sensitive housing. Now, housing's been
(37:37):
up because of interest rates. I don't think the housing
business is in great stead. It's just the natural law
of order in the markets. When housing is up is
because of interest rates. But then reality sets in. We're
going to be watching these areas closely because the market
(37:57):
is pretty darn good at flushing out trouble in the economy.
We've told you this time and time again. That's why
we have stated for so long that the people calling
for the end of the world economy do not know
what they are talking about at the junk this juncture,
(38:18):
because the market will crack first. One will crack first,
and it's just not happened yet. I can tell you
it was a bad day today, and I can tell
you they hit the things you don't want to see
it today. It's just one day. But if we start
(38:42):
to see protracted poor action and down trends in those areas,
we'll be talking. And we're not talking about one offs.
You know what's weak right now some restaurant chains, not all,
but some restaurants to be watched. Why because if all
(39:03):
the restaurants stocks are heading lower, that's part of that list.
Because what will people tend to do when they're worried
about their wallets and their job. Honey, we're not going
out to eat this weekend. That's how it works. It's
all about decisions and choices. And there's also talk about
(39:27):
the wealthy versus the non wealthy. I got news for you.
One of the weakest stocks in the market right now
is LVMH. This is that huge luxury goods company involved
in champagne and leather goods and all kinds of crap.
(39:53):
So don't think that they're gonna get away with it again.
These are the things we're gonna be watching. That all said,
have a great evening. Drive carefully, and when you get home,
do like we do. Quite simple. Make sure you hug
(40:13):
the family. Make sure you hug your children. They will
feel better. You will feel better. I promise they will
be well. Thanks for joining, peace out all good night.
Speaker 1 (40:22):
This has been Investor's Edge with Gary Caultbom on biz Talk.
To listen to past episodes or to get in contact
with Gary, go to Garykay dot com. That's garykay dot com.
Investor's Edge with Gary Cultbomb, straight talk about you and
your money now from the Biz Talk Studios. Here is
Gary Cultbomb.
Speaker 2 (00:11):
And well once again to Investor's Edge. I'm Gary kolbaumb
your host day. Thanks for being with us today. Glad
you're here, ladies and gentlemen. Happy that you are listening.
It is Tuesday, September ninth, twenty twenty five. I hope
you're having a good day. I want to thank Adam
sorry for doing the show yesterday. Out of nowhere, things
came up and he was right there ready to help out.
(00:38):
As always, We thank him very very much, and you know,
we do know we're a little bit different. Adam will
come on here and do markets and lessons. We'll do
everything that we think is necessary outside of the markets,
the economy, and just things that happen out there that
(01:00):
we think matter to our future, your kid's future. And
we're going to bring that up in one minute, something
that happened and the reaction to it happening. Wonder if
you're already guessing. But first, this is serious talk on
everything that affects you. Will do the markets, the economy,
(01:24):
your job, your industry, whatever necessary, and if you do
not get this radio show in your city. We will
post it at Garyka dot com. We'll us post it
on our x feed, also the YouTube channel of biz TV,
and if you'd like to email us Garyka dot com.
(01:46):
We just ask you be nice, because we're always going
to be nice back unless you like comas. So I
don't want to start with the markets today. As you know,
I really do believe there are so many moving parts
(02:07):
in this country that matters to our matter to our future.
And you know, the things we've brought up a hundred times,
my disappointment in all our leaders, in the debt and
the deficits, and the just the bs, and the spewing
of lies, the protection of themselves. I can go on
and on and on, but one of the things we
(02:29):
have talked about here, and if you don't think it matters,
you see, we don't want crime to matter only when
it hits home. My wife, before I even met her,
(02:50):
was carjacked in South Miami, driven to a remote wooded area.
She thought she was dead. They let her go. She
got lucky. My wife in Boca Ratone, Florida, in the
(03:12):
middle of the day, unbeknownst to her, was being watched
in a drug store in Bokerra Tone with my young son, Aaron,
when I think he was three or four years old,
and she got back in a car and he jumped her,
put a gun to her head, Give me your watch,
(03:39):
and she was lucky. She gave him the watch and
he was gone. We only found out afterwards that there
was a group of thugs in Boca Ratone that did
it quite the few times, and they kept it on
the down low. You know what the down low means. Right,
(04:01):
And throughout the years, I've been worried, and we've talked
about it. We've talked about how we're worried that crime pays.
How is it. Cities can come up with you can
shoplift up to nine hundred and forty nine dollars and
(04:23):
you'll be fine. Nine to fifty y're in trouble to
the point where the shoplifters would go in with a
calculator and add up the things they would steal, to
the point where in New York City everything's locked up,
toothbrushes are locked up. We are also finding out in
(04:43):
many A City people arrested twenty thirty times for violent
offenses and just let out like nothing happened. Think about that.
Let me be little bit on the graphics side. Imagine
if it was you and somebody beat the crap out
(05:05):
of you, mugged you in the street, took your belongings,
punched you in the face, broke your orbital bone in
your eye. Months to get better, and they would just
let out cashless bail. Do you know why the Charles
(05:31):
Bronson movie sold so well? Death Wish? Because people sick
and tired of crime paying. Because I don't know if
you've read, but Irena Zarutska, a Ukrainian refugee that was
living in a bomb shelter in Ukraine, came here for
(05:55):
a better life working at a pizza shop relatives here.
Also got on one of these buses in North Carolina,
and a violent felon who was let out on Cashles's bail,
was sitting behind her, took out a knife and carved
her up and murdered her, a beautiful young woman, his
(06:22):
past crimes paid. And by the way, they weren't shoplifting crimes,
they were violent crimes. She's dead and we find out
it happened on the twenty second, and we also find
out that it was kind of sort of no mention
(06:48):
until the video came out. And then the video comes out,
and then we get the reactions. You know what the
reactions are of the media. None. None, It didn't fit
their template. Because the media hates you. You suck. The
(07:13):
media hates you. Only until people were up in arms
did the media start covering it, and then you get
a yutz like Brian Stelter comes out and get this,
doesn't talk about the murder. He talks about how the
(07:37):
people on the right are using the murder because they're
racist because it was a black man that did it.
I got news for you. I don't care if he
was black, white, green, blue, yellow, and Martian from Mars.
This is what we're dealing with. A moron that's on CNN,
a journalist that has a bully pupe that can do
(08:01):
good things and talk about crime and what I'm talking about. Instead,
he calls the right racist for bringing it up, and
the rest of the media ducked it. I bet you
if the person was wearing a MAGA hat that did this,
(08:23):
they would have been having crap fits. So there's a
double problem here. The judges suck, the justice system is weird,
and the media couldn't give a crap about you, of course,
(08:45):
unless it happened to them. And why does this matter? Well,
if you don't think it matters longer term, I can't
help you. There are judges out there that just let
them out. Just let him out, let him out. You
have a guy running familiar in New York City. Do
you know what one of his platforms is? Releasing a
(09:08):
lot of prisoners. Yes, let's have a platform of releasing criminals.
Oh and let's vote for him. What's his other platform? Oh,
less police officers. That'll help. Just letting you know, everything
(09:32):
I'm stating to you is fact, no opinion. This is
exactly and actually what has been going on. It's an
insane asylum. And a young Ukrainian woman is dead because
of the insane asylum, and then the media stomps on
her head after she's dead. Wasn't going to report it?
(09:57):
What do they care about a young Ukrainian women here?
Unless the murderer fit their template? Catching my drift, This
matters to me. I have two sons that live in
(10:19):
New York City. When I'm in New York City and
I'm in the subway, I'm standing against the wall and
looking left and right unless there's police officers. And the
good news is there's a lot more in the subways
that shouldn't have to be up. Next, we'll put a
bow tie on it, hit the markets. I'm Gary.
Speaker 3 (10:40):
This is the one only Investor's Edge. Hi.
Speaker 4 (11:02):
I'm Gary Kolbaum hosted a nationally syndicated radio show, Investor's Edge.
We're not just handsome radio people. We manage investors' money
for a living, specializing in fee based discretionary money management.
No big commissions, just a fee on the assets that's managed.
We also provide a full range of personalized services, including
retirement planning, fixed income, and educational needs, all to assist
(11:25):
you in achieving your financial goals. Understanding not all individuals
have the same needs, will carefully evaluate your personal goals
to determine a proper investment strategy. If your current approach
to investing is not getting you to where you would
like to be, call us to make an appointment for
a complementary portfolio review. The number to call is eight
eight eight four two two five five five nine. That's
(11:48):
eight eight eight four two two five to five five nine.
That's eight eight eight four two two five to five
five to nine investment advisory services offer through Call Capital Management.
Speaker 5 (12:05):
It's time to switch on the integrator units and to
get the brain cells working.
Speaker 6 (12:09):
You're listening to Okay, it's promise it could be fun.
Speaker 2 (12:14):
Investor's Edge the last bastion of quality programming.
Speaker 6 (12:18):
With Gary called Bob. It doesn't get better than this.
Speaker 2 (12:38):
And welcome once again to Investor's Edge. So I just
want you to remember all these things we're talking to you.
This is about everything we do. It has everything to
do with your jobs. I got news for you. How's
(12:58):
your jobs if you live in places like Oakland or
how about downtown Portland. I get a lot of emails
from people in downtown Portland. The media really does suck.
They could do such good. And by the way, we're
(13:21):
not talking opinion people. We're talking the anchors. We know
opinion people on the left and on the right are
in the tank. We know that we're talking to. When
you have a guy this Brian Stelter on CNM that
is supposed to be the fact checker and instead of
talking about a murder and how did it come about
that this guy's out of jail. Know that people are
(13:47):
bringing it up because they're racist, I'd like to sit
down with him and have a talk to him. Don't
think it would affect anything. Be worth a shot anyway.
That was my take. How to bring that up next?
(14:12):
Dow up one ninety six, SMP seventeen, as that eighty,
Nasdaq one hundred and seventy seven. The advanced declines were
not good today. It was kind of big ish today.
Of note in the dow between Goldman Sachs and United
Health to the fifty times six three hundred, three hundred
(14:34):
and twenty dow points with the Dow up one ninety
six United Health. The story goes is that as you know,
three or four weeks ago, Hedge Funds bought a crapload
at least in the quarter before they were losing their butt.
It got announced, including Warren Buffett sat around for three weeks.
Today broke above that little range at the bottom.
Speaker 5 (14:56):
Uh.
Speaker 2 (14:56):
And it matters because United Health took two thousand points
off the Now Goldman Sachs was up twenty two today,
and that's because of JP. Morgan was at a conference
saying things are pretty good, and of course they're the
greatest bookies on earth, these banks, and whatever they do,
(15:18):
they're great bookies. And by the way, that's not a
put down. So the good day for JP Morgan Goldman, Sachs, Morgan,
Stanley and those And I will tell you that weakness
today everything economic, but I'm not sweating it just yet.
I'll let you know if there's trouble there. The job
(15:40):
market is definitely weaker, leave no doubt about that. Jobs
are not as plentiful as they used to be. We'll
see how that plays out. We are still very upset
with this administration lying to you about they fired the
head of the BLS and said it was rig that's
(16:01):
a lie. We also need to mention that they're now
complaining that to cover up for all that. BS Well.
Things need to be fixed on how they do things.
We've been telling you that for twenty years. What have
we said on this show. How is it possible they
can come up with the employment numbers with a sampling
(16:25):
so small? That's what we always tell you. The other
thing we have told you are wonderful government over the
last couple of decades has changed the formula, has changed
the formula on inflation to make it lower than it
(16:47):
really is, and change the formula on GDP to make
it higher than it really is. Throughout the years. You
can change these little formulas. Remember the government that they
don't have your best interest. You think they have your
best interest. They changed the formula and make all the
numbers look better throughout the years. That's what they're very
good at. That's the story there. But the market's acting swell.
(17:18):
Yields have come down, though they were bounced up a
little bit today. There's some weird things going on in
the market. Oracle reported earnings. They missed numbers. They missed numbers.
A stock closed at two forty one, it's two seventy eight,
and thefter market. That's the second big gap in a
row for Oracle on missed numbers. It's very weird. And
(17:45):
in fact, on Oracle earnings were up. Let's see a
six percent, that's it, six measly percent. They made some
announcements I think having to do with maybe AI or
(18:07):
stuff like that. I got to check that out and
just remember for us, it's not the news, it's how
things react to the news. But Oracle will not hurt
the market tomorrow. It is a big name and I'm
(18:28):
just looking at all up to figure that out. Otherwise
I can complain about a few things in the market.
I can tell you about what ain't. There's still plenty
of areas troublesome, but overall it'd be cool. Tomorrow is
(18:54):
another day. There's a lot of moving parts going on.
As we have told you, Stable oil prices, stable interest
rates or lower oil prices and lower interest rates fundamentally
is a good thing. Fundamentally is a good thing. And
(19:18):
you know that if interest rates go down, cost of
mortgages go down, cost of loans go down, cost the
capital goes down. And if oil prices go down, well
you know what that means. And maybe you want to
google the words how many products and what products are
made with petroleum? That would just be another thing to
(19:44):
look at. Major indices remain above moving averages. Transport's still weak.
There ain't nothing going on there. Gold probably hit a
near term top today, but that's only left a real
(20:05):
strong move after the eighteen week range breakout. China better,
Japan better, By the way, My wife and son are
in Japan right now. I've been there once. This is
my wife's second time, and absolutely loves it there. It's
(20:27):
a pretty cool place, by the way. If you've never
been there, it's a visit and I got to say
it about China also, it was fantastic. Up next, what
else to cover? I'm Gary, this is the one only
investor's Edge you're listening to.
Speaker 6 (21:12):
America is talking falling Investor's Edge. He's gotta be The
crowd is just on his feet here, said a boy
with Gary called Bob.
Speaker 5 (21:23):
I'm highly recommended. You're gonna feel better if you talk
to him.
Speaker 2 (21:36):
And walk once again to Investor's Edge. Thanks for being
with us today. By the way, we used to say,
hope you don't mind me talking about other things, but
I have to tell you we don't say that anymore,
because dang, is this stuff important. You know, there's been
(22:02):
talked for a while about easy going judges on criminals
and never wanted to believe it, but man, it is
out there in droves, out there in droves. And what's
interesting is this administration just put federal charges on this murderer,
(22:27):
which is not normal. And maybe they're reaching, but man,
I love, I'm just a big believer. If you don't
make crime pay, crime continues. And look what's going on
in Washington, d C. It is amazing to watch these
(22:48):
other mayors man at Trump for taking murders down to
zero in Washington, d C. Because he put a presence
there and made the criminals know you are screwed if
you continue to do what you're doing. And if they
don't like Trump and they think he's some sort of
dictator and he's overreaching and stuff like that, instead of
(23:09):
whine and complaining, maybe you want to do a bigger
presence in your own city. I'm especially mentioning Chicago because
the governor and the mayor of Chicago suck when it
comes to their citizens. Sucks. They were talking about how
(23:30):
crimes down from big, argantuan levels. It's like the wild,
wild Western certain areas there. And instead of complaining about Trump, Hey,
let's see. So Trump put this bigger presence into Washington,
DC and crime has stopped. Hm hmm. I have an idea.
(24:00):
Let's copycat that. No whine and complain that Trump's a dictator.
And by the way, you know, I'm no fan of Trump.
I'm upset with a lot of things he's been doing,
but I am a fan of other things he's been doing.
It's like half in half anyway. We just think this
(24:20):
is just so important. We really do imagine your community
that you live in city, live in and imagine if
you're scared to go out at night, Imagine if you're
scared to walk the streets. There are cities out there
in the United States of America. Twenty twenty five. They're
(24:41):
interviewing women in Oakland, and the women are saying, Island,
I won't let my kids out at night. What it
shouldn't be. And it all comes down to leadership and
Gary Kolpaum any city I'd be running, there'd be no crime.
(25:05):
I would scare the living crap out of every criminal.
I'd be tough and would be very simple. I tell him,
just don't do crimes, don't commit crimes. You're good, and
that's it. Anyway, we're done with that for now. Few
other of notes. Apple, So the stock has been acting
(25:28):
better because Tim Cook kissed Trump's butt and made up
this story that he's gonna spend I don't know trillion
bucks and he's not. He's just appeasing the president, and
the President gave him exemptions. Maybe Apple do a couple
of things here and there and spend a little bit,
but as soon as Trump's gone, they're gonna stop. I'm
(25:48):
a big believer in that anyway, So Apple announced new
products today and amazing that just sold off. And I'm
just thinking to myself, does all Apple have is the
next watch in the next phone. And I'm hearing they're
gonna do a flip phone. Is that gonna sell? And
by the way, nothing, I've had Apple forever and I finally,
(26:10):
after about four years, got a new iPhone. And I
don't know if it does anything different. Maybe it's a
better camera. I don't know, but I just decided to
get it. You know why. I was at the store.
My wife was getting one. I said, okay, I'll get
one too. Couldn't let her one up me anyway. Fantastic company.
But I got a question, Oh, it's just the next phone,
(26:35):
oh with the next watch. And I'm trying to think
what else can they do next? And I'm not sure
of that answer. They were going to do an auto
that ain't happening. That was like fifteen years ago. Anyway,
that's Apple next. Just a little note and I think
(26:57):
you're seeing it also. And as you know, when I
go to the supermarket and stuff, I check things out.
The bag of chips is so much smaller than it
used to be at the same price. Actually the price
may be a little bit higher. The people that say
there's no inflation are lying to you. There is. And
(27:18):
when we get inflation numbers, I don't believe half of those. Uh,
Saint Regis, Chicago. I'm just mentioning. This has nothing to
do with Saint Regis, has nothing to do whether it's Chicago.
They are putting on a three point five percent inflation
surcharge added to the bill, but you don't have to
(27:40):
pay it. So, in other words, if you see it
on the bill and you don't want to pay it,
you can just tell them they'll take it off. But
they put it on first, and if you don't see it,
you're screwed. Instead of saying, do you mind if we
put it on? And they are not the last that
(28:04):
is doing this, and they're not the first. There's a
lot of companies now and a lot of establishments that
are putting on these little additional inflation Thingma Bob's out there,
do you know at this juncture, I only look for
(28:24):
two for ones at the supermarket, and I know which
ones they do. Prices are up there and I'm not
seeing anything come down. Just letting you know, the papperonis
you know pupperonis are they're you know, dog traits. They
(28:49):
are so much higher in price than a few years ago.
I can't even begin to tell you. But I think
once a month they have the two for one, so
I do that. I do the two four one Pepsi
zeros when it's out. I noticed they had two fo
one Eminem bags, and then I looked at the Eminem
(29:10):
bags and realized they're like fifty percent higher. My wife
get a certain type of coffee. I forgot the name
of it. They used to go for seven ninety nine
for a box of them, and they used to offer
two for one. It's seven ninety nine. They're now twelve
(29:33):
ninety nine and you get two for one. You're back
to the old price almost. There is a lot of
that going on, just letting you know. I don't think
we're out of the woods yet on that, which has
me a little worried about the president. As you know,
(29:57):
he will be running the central bank. He's just going
to put puppets in to run the central bank, and
if he goes too far on the easy money, he
will pull a Powell. You know what. A Powell is
The reason we got nine percent inflation because Powell printed
to nine trillion dollars and took rates to zero and
(30:19):
kept them there. Inflation is not a phenomenon of government spending,
even though the right blame Biden it is. It is
a central bank phenomenon of stupidity. Too much money created
to chase nothing. So that worries me. So just letting
(30:42):
you know if you think we're out of the woods
on inflation, at least from what I'm seeing, food inflation
ain't dying so quickly.
Speaker 6 (30:53):
Now.
Speaker 2 (30:53):
There's other things that are better. You know where it's
getting deflation, housing, housing, sawt I can tell you that
electric vehicles soft, especially Tesla's. Go look at what Tesla
used car prices were like eighteen months ago and where
they are now. I think they're down like a bazillion percent.
(31:16):
You can't be a bazillion Expensive watches have come way down.
So there's some deflation out there, and there's some decent pricing.
The big thing for me, let's hope oil prices just
stay where they are or lower. MOUI importante up next this,
(31:40):
that and the other thing or whatever else. I'm still
trying to figure out a oracle. I'm gary this is
the one only Investor's Edge.
Speaker 6 (32:14):
You're listening to what are you waiting for?
Speaker 1 (32:18):
One?
Speaker 6 (32:20):
Ready? We can't recalled Bob.
Speaker 2 (32:39):
Yeah, so my Giant sucked Week one. My fantasy football
team get this. Going into last night, I was tied.
Me and my buddy Randy each were tied, and we
were coach of the week tied. Also, all I needed
was one point to win, that's it. I had the
(33:01):
tight end from Minnesota. He got no points. So I
end up tied for the week. How depressing. But I
do have a very good team. I do believe this
year it will come down to injuries as usual. But
I really do believe I have one heck of a
team this year. And I don't say that every year.
(33:21):
In fact, I complain most years. I picked up in
the seventh round Za Flowers, who is the number one
receiver in the Week one for Baltimore, and of course
I have Lamar Jackson also for Baltimore. That's just the
scoring machine. And I got not Bijean. I got Jamir Gibbs,
(33:43):
who didn't have a good week in Week one Detroit,
but I'm not so worried about him. I should have
taken Saquan though, and that is our fantasy football. Watch
a madoogie for the day I should have won. Oh well,
let's see what else I wrote down. I think that's
(34:05):
about what I wrote down. My big complaint was a
little bit outside of the market. Today, it hits home
when you see this and when you just start reading
(34:25):
about these judges and you hear this guy was arrested
fourteen times, and a bunch of them were violent offenses,
and he got cashless bail. There was another murder I
saw a week or two ago, same thing. It should
be so easy and so logical, too, so easy and
(34:51):
so logical. Back on the economy, So the job market
has weakened. I'm gonna be watching it closely. If anything's
(35:14):
going to cause a problem for the economy, it will
be a weakening job market. And typically typically a job
market that trends down usually trends for a while. And
you have to remember, I do believe the uncertainty of
these tariffs are part of the equation. Maybe the AI
(35:39):
and maybe just cyclicality. I don't know, but we're gonna
be watching because we're always putting out questions to our
peeps across the country, and a lot of the we're
getting people saying no business is good, business is fine.
(36:00):
We're getting a lot of industries coming back to us
talking about softness, the not needing new hires. And that's
for starters, not needing new hires. That's besides getting rid
(36:22):
of already employed. And how does that work? Well, you
tell me you're out a job, you got to go
on unemployment. Have you ever seen what they pay you
for unemployment? We always hear the story about how many
(36:45):
people live paycheck to paycheck, also about savings, how much
lightened savings people have. So what do you think happens
when people are worried about their job, still have a job,
(37:06):
or lose their job. You got it? And where will
we see it? We'll see it in listen carefully, airlines,
cruise lines, Disney, retailers. Economically sensitive housing. Now, housing's been
(37:37):
up because of interest rates. I don't think the housing
business is in great stead. It's just the natural law
of order in the markets. When housing is up is
because of interest rates. But then reality sets in. We're
going to be watching these areas closely because the market
(37:57):
is pretty darn good at flushing out trouble in the economy.
We've told you this time and time again. That's why
we have stated for so long that the people calling
for the end of the world economy do not know
what they are talking about at the junk this juncture,
(38:18):
because the market will crack first. One will crack first,
and it's just not happened yet. I can tell you
it was a bad day today, and I can tell
you they hit the things you don't want to see
it today. It's just one day. But if we start
(38:42):
to see protracted poor action and down trends in those areas,
we'll be talking. And we're not talking about one offs.
You know what's weak right now some restaurant chains, not all,
but some restaurants to be watched. Why because if all
(39:03):
the restaurants stocks are heading lower, that's part of that list.
Because what will people tend to do when they're worried
about their wallets and their job. Honey, we're not going
out to eat this weekend. That's how it works. It's
all about decisions and choices. And there's also talk about
(39:27):
the wealthy versus the non wealthy. I got news for you.
One of the weakest stocks in the market right now
is LVMH. This is that huge luxury goods company involved
in champagne and leather goods and all kinds of crap.
(39:53):
So don't think that they're gonna get away with it again.
These are the things we're gonna be watching. That all said,
have a great evening. Drive carefully, and when you get home,
do like we do. Quite simple. Make sure you hug
(40:13):
the family. Make sure you hug your children. They will
feel better. You will feel better. I promise they will
be well. Thanks for joining, peace out all good night.
Speaker 1 (40:22):
This has been Investor's Edge with Gary Caultbom on biz Talk.
To listen to past episodes or to get in contact
with Gary, go to Garykay dot com. That's garykay dot com.
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