Latest / Felix Nikolas Prehn's Podcast / Felix Prehn - Tariffs Cancelled⁉️ Why Banks Just Told Big Clients to SELL… + Stock Market News 29 May 2025

Transcript

Felix Prehn - Tariffs Cancelled⁉️ Why Banks Just Told Big Clients to SELL… + Stock Market News 29 May 2025 · Felix Nikolas Prehn's Podcast

• 0:00
  Speaker 1: Felix here and welcome to this pre-market live stream on a day that could not be any matter.
• 0:04
  Speaker 1: You can't make this up Tariffs gone, but they'll be back.
• 0:09
  Speaker 1: That's what Goldman Sachs are saying.
• 0:11
  Speaker 1: As one of the smartest banks on Wall Street, it basically warned their customers, before they warned the market, of course, saying we're not going to go into an era of zero tariffs.
• 0:21
  Speaker 1: Instead, something else is going to happen.
• 0:23
  Speaker 1: I'm going to explain that to you so you are as well informed as Goldman's finest clients, who, I'm sure, are lovely people.
• 0:29
  Speaker 1: Winston is also joining us, of course, here, who looks a little bit sleepy in his under-aid towel because it's monsoon season, actually one of my favorite seasons of the year.
• 0:37
  Speaker 1: It's just like rain and the toads are in charge and the snails are everywhere and it's sort of glorious.
• 0:43
  Speaker 1: Really Well, for your friends, it's probably really really glorious.
• 0:45
  Speaker 1: But if we look at the pre-market here and I'll show you straight away, there we go.
• 0:51
  Speaker 1: It's looking pretty green.
• 0:52
  Speaker 1: Nvidia rallying, not just because of the Trump tariffs, but because of earnings which were actually pretty extraordinary.
• 1:00
  Speaker 1: Tesla green, amazon green, apple green, microsoft, google, meta Palantir, you name it.
• 1:05
  Speaker 1: Almost everything is green, but there is always a but isn't there?
• 1:07
  Speaker 1: There is always a but.
• 1:08
  Speaker 1: So we're going to dive into this in some great detail here, and I've got the actual full note for you from Goldman Sachs, because Winston's got some pretty good connections, don't you, winston?
• 1:19
  Speaker 1: I don't know how you sniff the stuff out, but he gets sent everything.
• 1:24
  Speaker 1: Here we go.
• 1:24
  Speaker 1: So we're going to walk through that, but before we do, first, I want to teach you something that, the moment you learn it, not only are you going to be more clear on what to do, more importantly, you will forever be able to implement a better strategy to build wealth for yourself and your family, because that's really what matters.
• 1:47
  Speaker 1: Right?
• 1:47
  Speaker 1: We want to impact the lives of those we care about in a positive way.
• 1:50
  Speaker 1: Who's with me on that?
• 1:51
  Speaker 1: Put a, put a one in the chat if you're with me on that one.
• 1:54
  Speaker 1: And now this is literally something that tens of thousands of you've been asking for, and I taught just over 3 000 people life the other day and I saw how it clicked and I know you're going to love this.
• 2:05
  Speaker 1: So for the first and undoubtedly the last time, I'm going to teach you on a Sunday, so that all you nine to fivers or you wage slaves can speed up your retirement plans and it's just actually to help you guys out, and we'll take another thousand people for free.
• 2:24
  Speaker 1: It'll be live, we'll probably go for two hours and, depending on how many questions you ask me, and I'll give you the actual criteria that the most successful stock investors look at.
• 2:37
  Speaker 1: That separates well the facts of the fiction, the noise, from what actually really matters, and helps you find the good companies, because there are a lot of really really good companies which are on sale right now.
• 2:48
  Speaker 1: But before you rush out to buy them randomly, join me on Sunday for this live webinar and I'll literally teach you how to pick great long-term stocks and it'll help you retire sooner, it'll help you retire better, and it's literally.
• 3:04
  Speaker 1: It's messages like this and people often ask me like why do you bother doing this?
• 3:07
  Speaker 1: I'm like well, this is actually why.
• 3:08
  Speaker 1: Let me share this with you.
• 3:10
  Speaker 1: This one kid pits pretty deep.
• 3:11
  Speaker 1: Scott's a student of mine.
• 3:12
  Speaker 1: He's quadriplegic, so he's got a little bit bigger issues than most people in life, and this is what he just wrote to us literally today.
• 3:21
  Speaker 1: It's been amazing.
• 3:22
  Speaker 1: Since you helped me sign up, I've not had a single day where I lost any money.
• 3:25
  Speaker 1: The guy trades.
• 3:27
  Speaker 1: You know he trades.
• 3:27
  Speaker 1: He can't move his fingers.
• 3:28
  Speaker 1: He nudges the screen incredible stuff and he says it's just getting fun.
• 3:34
  Speaker 1: At this point, the biggest focus to walk away at the end of every successful day and say thank you God so much for bringing the opportunity and the wisdom.
• 3:41
  Speaker 1: And then he says also you know, I really appreciate what you guys are all doing.
• 3:46
  Speaker 1: That's why we do what we do.
• 3:47
  Speaker 1: That's why my mentors give up their time and their time and time to teach you guys, because it's insanely satisfying getting those messages.
• 3:56
  Speaker 1: So if you want to stop losing money literally, this is a standard base level right.
• 3:59
  Speaker 1: Stop losing money, because that's actually when you really start making money.
• 4:02
  Speaker 1: Come and this is a standard base level, right.
• 4:03
  Speaker 1: Stop losing money, because that's actually when you really start making money.
• 4:06
  Speaker 1: Come and join me on Sunday.
• 4:07
  Speaker 1: There's a link down below.
• 4:09
  Speaker 1: I'll also put it in the link here for you.
• 4:12
  Speaker 1: There is felixfriendsorg slash webinar.
• 4:16
  Speaker 1: I'll pin it to the chat as well so you guys can't miss it and you can click on that one.
• 4:21
  Speaker 1: 4 am to 4 pm slave Wow, that's a little harsh even for that, but yeah.
• 4:36
  Speaker 1: So come and join me Sunday felixfriendsorg slash webinar.
• 4:39
  Speaker 1: Links down below.
• 4:40
  Speaker 1: Now we're going to go and we're going to sit and we're going to read the full 49-page judgment, because, no, we're not going to do that, but I do have it here.
• 4:49
  Speaker 1: So what just happened?
• 4:50
  Speaker 1: Well, the United States Court of the National Trade basically said well, most of Trump's tariff hikes are well, illegal not lawful is perhaps a better word and that would include the tariffs on Canada, china, mexico, the 10% baseline tariff, but this is important not sectoral tariffs.
• 5:09
  Speaker 1: So this is just one way that trump can put in tariffs.
• 5:15
  Speaker 1: As el presidente, he has at least two other ways he can put in tariffs, and one of those is section 122 and one of them is section 301.
• 5:25
  Speaker 1: Again, we don't really go into that, but basically what they're saying here, and and and goldman's is right on this.
• 5:33
  Speaker 1: I believe that they could quickly replace the 10% across the board tariff with a similar tariff up to 15% under this different law, and those tariffs would only last 150 days, and then Congress would need to extend it, although in theory they could expire on day 150.
• 5:51
  Speaker 1: They could be off for one day and then Trump could put them back in, but that gets a little bit iffy.
• 5:55
  Speaker 1: Also, they could launch investigations on key trading partners, which would then kick off.
• 6:03
  Speaker 1: Once completed, take a couple of weeks probably, they could come put in tariffs under a different law, which is Section 301, which I understand could be significantly higher, and what then would happen is that, yeah, so basically it's a 1930s trade act and it would allow the president to put up to 50% tariffs on imports from countries that discriminated against the US.
• 6:29
  Speaker 1: But you have to go through the rigmarole of writing a report, and that's another option here.
• 6:36
  Speaker 1: So, 50% maybe, which is why he's coming up with the 50% rule lately, because they kind of realized that they're obviously going to get challenged.
• 6:42
  Speaker 1: So this does not mean tariffs have gone away.
• 6:44
  Speaker 1: No, they're just going to come back in a slightly different form.
• 6:47
  Speaker 1: They'll still be there.
• 6:49
  Speaker 1: So I don't think it really really makes a difference.
• 6:53
  Speaker 1: The market's liking it.
• 6:54
  Speaker 1: I mean, futures are up, pre-market's up, and that's nice.
• 6:57
  Speaker 1: We can enjoy that.
• 6:58
  Speaker 1: But I would be a little cautious on things like this because, well, the market gets a little overexcited and then it tends to pull back a little bit here.
• 7:07
  Speaker 1: So who does that make some sense for?
• 7:10
  Speaker 1: That makes some sense for the right sense, or an S in the chat while I open another bottle of vodka here?
• 7:16
  Speaker 1: Now, this is my famous Gak juice, which is the sponsor of this channel.
• 7:20
  Speaker 1: It's a small farmer.
• 7:22
  Speaker 1: No, I'm kidding, we don't have sponsors.
• 7:23
  Speaker 1: Actually, literally every single day, people pitch me to endorse something or other, and I never will, because you just don't know what other people are making.
• 7:33
  Speaker 1: You don't have the products, any good.
• 7:34
  Speaker 1: You don't have the.
• 7:34
  Speaker 1: How do you know?
• 7:35
  Speaker 1: Right, I don't know.
• 7:36
  Speaker 1: So I don't want to recommend anything that I don't really know and use myself, so therefore, I just simply don't, and I hope that gives you guys a little bit of a better.
• 7:45
  Speaker 1: You know, if I take money from I don't know a particular stock and then I make a video about it, well, how independent is that?
• 7:52
  Speaker 1: Right?
• 7:52
  Speaker 1: If I own the stock, I'll tell you, but I never take money from anybody, never will, because that's not the point of this.
• 7:57
  Speaker 1: The point here is to have some fun, and that's what we're doing here.
• 8:00
  Speaker 1: Gak, indeed, this stuff is very good, very good.
• 8:09
  Speaker 1: I should probably start a GAC brand.
• 8:11
  Speaker 1: That's also not going to happen, by the way.
• 8:14
  Speaker 1: No, freaking way.
• 8:15
  Speaker 1: I've made a lot of stuff that we bottled.
• 8:18
  Speaker 1: I have a wine business, if you didn't realize that, and we've literally bottled tens of millions of bottles, and it's a pain in the neck to make physical products.
• 8:26
  Speaker 1: So no, thank you.
• 8:27
  Speaker 1: Right, you're the sponsor of Gakchoos.
• 8:32
  Speaker 1: Yeah, that's probably true.
• 8:33
  Speaker 1: It's about a hundred bucks a bottle.
• 8:34
  Speaker 1: So, yes, I'm probably the sponsor.
• 8:36
  Speaker 1: Actually, winston's the sponsor, aren't you?
• 8:37
  Speaker 1: Winston Looks so pooped, doesn't he?
• 8:39
  Speaker 1: He was so active just now when the toads were out and about.
• 8:42
  Speaker 1: All right, then shall we look at what else is moving in the market and our favorite stocks here this morning?
• 8:47
  Speaker 1: If you want me to do that, probably one in the chat.
• 8:49
  Speaker 1: Who's going to join me on Sunday, right Sunday?
• 8:51
  Speaker 1: Or just S or S-U-N or something in the chat?
• 8:54
  Speaker 1: And I know you're going to join me on Sunday because literally so many of you, we've done these on Saturdays even, and people are still working on Saturdays.
• 9:00
  Speaker 1: I'm like, surely someday you guys are not working, so Sunday is surely that day, sunday evening.
• 9:05
  Speaker 1: I think most people should have a little bit of time to learn the key thing that could actually set you free.
• 9:10
  Speaker 1: It looks like a Bloody Mary mix.
• 9:16
  Speaker 1: Yes, yes, a little bit like that.
• 9:17
  Speaker 1: Actually, I used to like Bloody Marys as well.
• 9:19
  Speaker 1: I stopped drinking a few years ago, so it doesn't really matter anymore.
• 9:23
  Speaker 1: I'm seeing a lot of S's in here.
• 9:24
  Speaker 1: Brilliant guys.
• 9:25
  Speaker 1: I look forward to seeing you.
• 9:26
  Speaker 1: We're going to have a brilliant Sunday, sunday now touch of a warning.
• 9:30
  Speaker 1: And first of all, the next segment here is going to be slightly gloomy and then we're going to go back into excitement.
• 9:36
  Speaker 1: Uh, why is that?
• 9:37
  Speaker 1: Because you lot stopped buying stocks.
• 9:39
  Speaker 1: This is retail, right.
• 9:41
  Speaker 1: You and you were relied upon to buy all the stocks that the hedge funds were selling.
• 9:45
  Speaker 1: They call you exit liquidity.
• 9:46
  Speaker 1: That's a serious, a real thing.
• 9:47
  Speaker 1: By the way, slowest retail buying last week of all of 2025.
• 9:53
  Speaker 1: So you guys are getting exhausted, right.
• 9:54
  Speaker 1: We need to get to keep going a little bit, and maybe that's what today is there for, but that does me a little bit concerned because institutions are still quite cautious.
• 10:03
  Speaker 1: And then, secondly, we're back in greed.
• 10:06
  Speaker 1: We're back in greed, and that's well, that's greedy.
• 10:10
  Speaker 1: What does it mean?
• 10:11
  Speaker 1: Well, what's the general rule?
• 10:13
  Speaker 1: Well, you sell here and you buy there.
• 10:17
  Speaker 1: That's sort of the idea.
• 10:17
  Speaker 1: For long-term investors, it's a little bit nonsense.
• 10:21
  Speaker 1: For the index, this might actually apply.
• 10:23
  Speaker 1: So, if you're buying the S&P 500, that might well be a good rule, but no, there's still plenty of stuff we can buy.
• 10:28
  Speaker 1: Might well be a good rule, but no, there's still plenty of stuff we can buy, I still, but we need to be a little bit more selective.
• 10:33
  Speaker 1: I think that's really what this is all about, is being a bit bit more selective after church.
• 10:36
  Speaker 1: Okay, hopefully church finishes by 8 pm, right?
• 10:39
  Speaker 1: Or is this an evening church?
• 10:41
  Speaker 1: Well, if it goes from like when I used to go, I went to um, I went to a um methodist school and we had church every sund.
• 10:50
  Speaker 1: It was actually quite fun.
• 10:51
  Speaker 1: The Reverend was a very nice guy.
• 10:54
  Speaker 1: He was a sailor, so every story was about sailing about an hour and a half on Sundays, but he was a good storyteller.
• 10:59
  Speaker 1: I actually quite enjoyed that.
• 11:01
  Speaker 1: But, yes, hopefully by 8 pm you guys will be free.
• 11:04
  Speaker 1: Your screen isn't being shared.
• 11:05
  Speaker 1: Oh dear, oh dear.
• 11:06
  Speaker 1: There we go.
• 11:07
  Speaker 1: All right, let me, let me.
• 11:11
  Speaker 1: Let's go back very quickly then.
• 11:12
  Speaker 1: So this is retail buying at the slowest pace since 2024.
• 11:14
  Speaker 1: Right, you can see that they're very, very, very, very slow buying.
• 11:17
  Speaker 1: So please do your bit and go and buy some shares.
• 11:19
  Speaker 1: Fear and greed index is back into the greed territory.
• 11:23
  Speaker 1: It's like 1983 or something is back.
• 11:26
  Speaker 1: And then this one here I hadn't shown you yet this is from goldman sachs.
• 11:30
  Speaker 1: So goldman sachs, like all major banks and hedge funds.
• 11:33
  Speaker 1: They now, um, they now track social media sentiment and it's the, the light blue line, not the dark blue line.
• 11:42
  Speaker 1: Again the, the person at goldman sachs who only has two colors.
• 11:46
  Speaker 1: Maybe he's colorblind and you can only see blue.
• 11:48
  Speaker 1: I mean, maybe we're being harsh on the fella.
• 11:50
  Speaker 1: This here is the sentiment index and we're here.
• 11:54
  Speaker 1: Which is how high.
• 11:56
  Speaker 1: It's pretty high.
• 11:58
  Speaker 1: Last time we were that high was 2019.
• 12:02
  Speaker 1: What happened in 2019?
• 12:05
  Speaker 1: I actually don't know.
• 12:07
  Speaker 1: No, it was a pretty good time.
• 12:08
  Speaker 1: It was just before the whole COVID thing collapsed.
• 12:11
  Speaker 1: Right, markets were doing pretty well in 2019.
• 12:13
  Speaker 1: So what does that mean?
• 12:15
  Speaker 1: It means everyone's bullish.
• 12:16
  Speaker 1: It means a lot of people have already bought.
• 12:18
  Speaker 1: It means, combined with the retail buying data, maybe there is a little bit less money floating about right.
• 12:24
  Speaker 1: It's just a thought.
• 12:25
  Speaker 1: It's just to be a little bit more cautious, especially with the stuff that retail seems to