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Breaking News: Moms Matter · That KEVIN Show

0:03
Speaker 1: Somewhere in the bowels of the city that Never sleeps.
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Speaker 1: Kevin McCullough, radio host with Salem Medium, is a man
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Speaker 2: Friday on That Kevin Show and now from the Connors
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1:12
Speaker 1: The man who is not what.
1:13
Speaker 2: He wants to be, that is way grateful, that is
1:17
Speaker 2: not who he used to be.
1:18
Speaker 1: Here, well welcome in it is that Kevin Show, that
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Speaker 1: get to my email address, that Kevin Show at gmail
2:08
Speaker 1: dot com, that Kevinshow at gmail dot com. I am
2:11
Speaker 1: feeling this year even more than traditionally. I am feeling
2:15
Speaker 1: this year festive about Mother's Day, which is next Sunday.
2:19
Speaker 1: And man, I just I just got to I just
2:22
Speaker 1: have to tell you this. I've got to get it
2:24
Speaker 1: off my chest. If you do not make the biggest, sappiest,
2:31
Speaker 1: fattest deal in the world, a big, fat, sappy, happy
2:35
Speaker 1: deal about everything related to the mother of your children
2:39
Speaker 1: and the mother who raised you, you, sir, are a
2:44
Speaker 1: person to be deeply mourned, because I don't think you'll
2:48
Speaker 1: be long for this world. Here's here's here's my here's
2:51
Speaker 1: my real bottom line. Love the fact that there have
2:57
Speaker 1: been so many diligent, faithful, persistent mothers that have given
3:04
Speaker 1: such life to so many amazing people. And I don't
3:09
Speaker 1: think we can do enough to say thank you, not
3:11
Speaker 1: not for one day. So I've I started this a
3:14
Speaker 1: couple of years ago, but this is gonna be Mother's Week.
3:18
Speaker 1: Uh not just Mother's Day on Sunday, but Mother's Week,
3:20
Speaker 1: and we're gonna we're gonna think about moms. I'm actually
3:23
Speaker 1: gonna talk to you a little bit about public policy
3:26
Speaker 1: and data and science and moms because there's a whole
3:29
Speaker 1: lot that we don't we never talk about, but it's
3:31
Speaker 1: super important in terms of understanding the impact that a
3:34
Speaker 1: mother has on kids. And it's just it's just a
3:38
Speaker 1: love letter to moms all week this week. And if
3:41
Speaker 1: you're if you've never had kids and you always wanted one,
3:44
Speaker 1: but you've been a mentor to somebody, if you if
3:47
Speaker 1: you have been a spiritual mother to someone, if you've
3:49
Speaker 1: been you know, a substitutionary mom, a step mom, someone
3:55
Speaker 1: who moved into a kid's life and had to be
3:58
Speaker 1: a mom when they didn't have one, I this is
4:01
Speaker 1: all about you as well. Uh So there's there's an
4:05
Speaker 1: incredible opportunity this week for us to just celebrate moms
4:09
Speaker 1: in the most spectacular way possible. I am reminded every
4:12
Speaker 1: single day how unique, special and amazing mothers are. And
4:18
Speaker 1: though I do not have one that's walking on this
4:20
Speaker 1: planet any longer, biologically, I have I have one very
4:24
Speaker 1: dear person who has been kind of a surrogate mom
4:27
Speaker 1: to me for years. We've reconnected in recent months and
4:31
Speaker 1: it's just been it's been a joy to have her
4:34
Speaker 1: back in my life, bouncing all kinds of things off
4:37
Speaker 1: of her, saying what do you think about this? And
4:38
Speaker 1: how about that? And so forth. And I don't know
4:42
Speaker 1: where you're at on this journey, maybe your mom who
4:44
Speaker 1: has you know, some some heartache with your kids right now,
4:50
Speaker 1: choices they've made, choices other people have made. I want,
4:54
Speaker 1: I want us to celebrate those of you that are
4:58
Speaker 1: that are in the trenches, sticking it out, praying and
5:01
Speaker 1: working like mad to be an influence on your kid's
5:05
Speaker 1: life and knowing that many many times it comes with
5:09
Speaker 1: less than perfect results, and sometimes it comes with a
5:12
Speaker 1: great deal of heartache. You are over you are not overlooked,
5:16
Speaker 1: you are not forgotten. This week on this show, we
5:19
Speaker 1: will celebrate mothers in an amazing way, and by the way,
5:22
Speaker 1: We're going to put our money where our mouth is too.
5:25
Speaker 1: If you have not yet signed up to win two
5:27
Speaker 1: thousand dollars for Mom, you have just six days left.
5:31
Speaker 1: Go to that kevinshow dot com, click on promotions and
5:35
Speaker 1: register to win two thousand dollars cash for Mom. Maybe
5:41
Speaker 1: you can't buy her the Chanel bag she wants, but
5:43
Speaker 1: two thousand dollars could help. Maybe she doesn't want the
5:46
Speaker 1: Chanel bag. Maybe she wants to take a flight to
5:50
Speaker 1: come see you. Maybe you want to use it to
5:54
Speaker 1: be able to do something for her that she's not
5:56
Speaker 1: been able to do for herself. Whatever the case may be,
5:59
Speaker 1: we are giving away two thousand dollars for Mom for
6:03
Speaker 1: Mother's Day, and all you got to do to register
6:06
Speaker 1: for your chance to win is go to that kevinshow
6:07
Speaker 1: dot com and click on the promotions tab and then
6:11
Speaker 1: be listening and you can You can enter as many
6:12
Speaker 1: times as you want to. You can enter as often
6:15
Speaker 1: as you want to. I think I think once per
6:17
Speaker 1: day actually is the limit, But as many days as
6:19
Speaker 1: you wish between now and Mother's Day, and we're gonna
6:22
Speaker 1: we're gonna make someone really really happy. Also, speaking of
6:25
Speaker 1: making someone happy, I promised last week that we were
6:28
Speaker 1: giving away another That Kevin Show mug with the America
6:31
Speaker 1: two fifty emblem on it, and then I didn't give
6:33
Speaker 1: one away. So I am going to announce today the
6:41
Speaker 1: name that we did draw on Friday, Alexander Franco from
6:45
Speaker 1: Studio City, California. You will be receiving the new That
6:49
Speaker 1: Kevin Show mug with America two fifty on the back.
6:53
Speaker 1: It's a collector's edition and I hope that it I
6:57
Speaker 1: hope that it just blesses your coffee and your diet
7:00
Speaker 1: coke or whatever else you put in that thing. I
7:03
Speaker 1: hope that it's just a real fun part of your
7:06
Speaker 1: life for being able to enjoy That Kevin Show in
7:10
Speaker 1: mug form. And friends, if you want to get one
7:12
Speaker 1: for yourself, we've got them. They're really sharp looking and
7:14
Speaker 1: they hold more than the old mugs did. In the
7:17
Speaker 1: old store, we used to have really sharp That Kevin
7:20
Speaker 1: Show mugs and all it would hold is an Americano.
7:23
Speaker 1: These there's room for an Americano and then I can
7:25
Speaker 1: get two more espressos in it as well. Don't ask
7:28
Speaker 1: me why I need three shots of coffee in one cup,
7:32
Speaker 1: but I'm just saying I can, and it's nice to
7:35
Speaker 1: know that I can. I'm not saying that I do.
7:36
Speaker 1: I'm not saying that I don't. I'm just saying it's
7:40
Speaker 1: it's able to hold it. The capacity is there. That's
7:43
Speaker 1: what I'm getting at in respect to that. So, yeah,
7:48
Speaker 1: register for your chance to win that. We're going to
7:51
Speaker 1: give another mug away on Friday and all week long.
7:55
Speaker 1: We're going to highlight mom in song at the end
7:57
Speaker 1: of the end of the show as well. So five
8:00
Speaker 1: Mother's Day songs for your week, And I'm looking forward
8:03
Speaker 1: to seeing how you celebrate moms. By the way, I'd
8:09
Speaker 1: love for you to send me a note about what
8:12
Speaker 1: made your mom special. I'd love to read some of
8:14
Speaker 1: these on the air this week. I'm gonna ask some
8:16
Speaker 1: of our guests why was your mom special to you?
8:19
Speaker 1: What was it? What was the one significant thing that
8:22
Speaker 1: touched you in a way that mom only mom could do.
8:26
Speaker 1: And I'm just I would love to just celebrate mothers
8:29
Speaker 1: with you. It's Yay moms. We're going to give moms cash.
8:34
Speaker 1: We will draw probably the name of a mom on
8:36
Speaker 1: Friday for a mug We are going to celebrate mothers
8:39
Speaker 1: all week and We've got even special music for that.
8:42
Speaker 1: So I just hope that you'll stick around for the
8:44
Speaker 1: entire week. It's going to be a wonderful, wonderful, wonderful
8:47
Speaker 1: week celebrating moms the way they should be celebrated. Real quickly,
8:52
Speaker 1: let me get you caught up on some news. This
8:54
Speaker 1: breaking news. The United Arab Emirates had to announce that
9:00
Speaker 1: their air defense systems were busy responding to a missile
9:05
Speaker 1: threat earlier this morning. They were encouraging their people in
9:10
Speaker 1: the UAE to remain in a safe location and follow
9:14
Speaker 1: official channels for warnings and updates. This is all in
9:17
Speaker 1: expectation of Iran not agreeing to anything and still trying
9:24
Speaker 1: to act bad. They say that their air defenses are responding,
9:29
Speaker 1: and the UA Defense Ministry said it intercepted four missiles
9:32
Speaker 1: that were launched from Iran this morning. So, you know,
9:36
Speaker 1: while we're hopeful that a positive conclusion to all of
9:41
Speaker 1: that can occur, it looks that, you know, Iran has
9:44
Speaker 1: not yet learned its lesson. So we'll continue to follow
9:48
Speaker 1: this story through the week as we can. All Right,
9:50
Speaker 1: Happy Mothers Week. Kevin McCullough, coming right back. Don't go what.
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Speaker 4: Here he is from New York. That Kevin McCullough.
14:16
Speaker 1: All right, welcome, it's a brand new week. Kevin mccaullaugh.
14:19
Speaker 1: Glad to have you with us, and as I was
14:20
Speaker 1: saying in the opening, I always look forward to Monday
14:22
Speaker 1: because as we kick off the new series for How
14:25
Speaker 1: Do We Live? I get excited about this stuff. See
14:29
Speaker 1: the shepherds that come on with me, that have been
14:31
Speaker 1: studying and usually already preach this material. It's kind of
14:35
Speaker 1: old hat to them, but for us, for me, for you,
14:38
Speaker 1: it is brand new. And when we ask the big question,
14:40
Speaker 1: how do we live? How do we live in a
14:42
Speaker 1: world that despises God? Or if they're okay with God,
14:45
Speaker 1: they probably don't care for his word too much. And
14:48
Speaker 1: this generic idea of who God is is probably all
14:50
Speaker 1: they're okay with, because if you attach God to the scriptures,
14:55
Speaker 1: suddenly the attitude changes quite dramatically in the culture. But
14:58
Speaker 1: how do we in spite of that, in spite of
15:01
Speaker 1: the fact that they dislike God, have no use for
15:03
Speaker 1: his word, they look at us as though we're the uh,
15:06
Speaker 1: you know, weird step cousins. How do we? How do
15:09
Speaker 1: we live? I argue that we live on mission regardless
15:14
Speaker 1: that we that we stay hopefully in the center of
15:19
Speaker 1: God's plan for us and winsome lee telling the good
15:22
Speaker 1: news of the Gospel of Jesus, because that is the
15:25
Speaker 1: only name that can do anything for the people that
15:28
Speaker 1: we want to reach. And so we're trying to build
15:30
Speaker 1: up our mind and deepen our thinking every single day
15:33
Speaker 1: here early in the show so that we we we
15:37
Speaker 1: we continue to kind of work our way into that goal.
15:41
Speaker 1: This week, I'm excited to introduce a brand new contributor
15:44
Speaker 1: to How Do We How Do We Live? Pastor Dan
15:46
Speaker 1: Nelson is the founding pastor of Calvary Chapel in the
15:50
Speaker 1: o High Valley in California and uh. He he's known
15:54
Speaker 1: for verse by verse exposition. We love expositors here, we
15:58
Speaker 1: love good ex Jesus here. Dan, it's great to have you.
16:01
Speaker 1: Thanks for spending this week with us.
16:03
Speaker 13: I'm glad to be here, Kevin, thank you for having me.
16:06
Speaker 1: You got it. What are we going to look at?
16:08
Speaker 1: What's the theme for this week?
16:10
Speaker 14: Well, in response to the way that we are as
16:14
Speaker 14: Christians responding to some of the attitudes and even the
16:17
Speaker 14: vitriol and hatred that's out there, it's really anti christ.
16:21
Speaker 14: I really believe that it's important that we look at
16:25
Speaker 14: this biblically, that we look at it from a Jesus
16:27
Speaker 14: perspective and understand that these are people that Jesus loves,
16:32
Speaker 14: and we want to shine a light that really represents
16:35
Speaker 14: Christ and really honors the calling of God in our
16:39
Speaker 14: own lives. So I've sort of laid it out in
16:43
Speaker 14: a fivefold approach, that we stand in truth, that we
16:46
Speaker 14: stand in grace, that we stand in His love, that
16:51
Speaker 14: we stand in humility, and that we are not compromising Kevin,
17:00
Speaker 14: that we are bold in our approach. And I really
17:03
Speaker 14: believe that it's important that we get it right because
17:07
Speaker 14: there is a world that is lost and dying without
17:11
Speaker 14: the truth. It's wandering ancher lists, and I really believe
17:16
Speaker 14: that Christians are called to this moment.
17:19
Speaker 1: Well, I think that you touched on two themes that
17:22
Speaker 1: over the last two years continue to bubble to the top.
17:26
Speaker 1: And I think that there's a reason for that. You
17:28
Speaker 1: mentioned standing in truth and standing in love. You know,
17:31
Speaker 1: truth without love becomes very harsh legalism, and love without
17:37
Speaker 1: truth becomes the recipe for utter societal chaos. And it's
17:42
Speaker 1: the balance of those two. And interestingly enough, that's what
17:45
Speaker 1: Jesus gave us. We're going to talk about truth today,
17:48
Speaker 1: and you're directing us to the Gospel of John chapter seventeen.
17:52
Speaker 1: What do we find there?
17:53
Speaker 14: Well, in John seventeen, Jesus is praying. It's a profound,
17:58
Speaker 14: profound passage, one of my favorite of all places in
18:01
Speaker 14: this scripture because it's so rich with meaning. But he's
18:05
Speaker 14: praying for us, the church, and part of that prayer
18:08
Speaker 14: that we'd be in unity, that we would be one,
18:11
Speaker 14: that we would represent the unity that Jesus has with
18:15
Speaker 14: the Father, and that we would walk in truth, because
18:19
Speaker 14: Jesus himself is truth. You see, Kevin, He's called us
18:24
Speaker 14: as his lights. Jesus is the light of the world,
18:26
Speaker 14: as you know and as your listeners know, but he's
18:29
Speaker 14: also said that we are his lights, and that we're
18:32
Speaker 14: called in that prayer and elsewhere to walk in that truth,
18:37
Speaker 14: to shine that light brightly and not to hide it.
18:41
Speaker 14: And that's really where I think it's so important that
18:43
Speaker 14: we're not compromising that truth just to win friends and
18:48
Speaker 14: influence people thinking that we're helping, but we're actually not
18:52
Speaker 14: helping a world that needs the truth that's only found
18:57
Speaker 14: in Christ.
18:58
Speaker 1: Well, that is completely the basis of what we're trying
19:04
Speaker 1: to deal with because the culture pushes falsehoods. You know,
19:07
Speaker 1: they I mentioned that they hate God, they really despise
19:11
Speaker 1: his word and the combination together is very convicting. Like
19:17
Speaker 1: I don't see the world's pushback on everything as necessarily bad,
19:23
Speaker 1: like like that's that's how the sinful heart reacts. It
19:27
Speaker 1: doesn't want to accept what the truth has for it,
19:31
Speaker 1: even even sometimes with love. But that doesn't change what
19:35
Speaker 1: we're supposed to do. We got to be we got
19:38
Speaker 1: to be winsome. We don't go soft on the truth though,
19:42
Speaker 1: and you want to and you emphasize this, it's not truth.
19:45
Speaker 1: Isn't for us to just say, well, I'm going to
19:48
Speaker 1: make it what I want it to be. Truth. Truth
19:50
Speaker 1: is truth, and we have to we have to stick
19:52
Speaker 1: to that.
19:53
Speaker 13: That's so true, you know.
19:54
Speaker 14: End that prayer recorded in John seventeen at verse seventeen,
19:58
Speaker 14: Jesus prayed sanctify them, meaning us his people, by your truth.
20:05
Speaker 14: He was speaking to the Father. Your word is truth.
20:10
Speaker 14: So how can we stand in truth unless we know
20:13
Speaker 14: his word? So I think it's so important that Christians
20:17
Speaker 14: get back into the Bible if they're not regularly studying
20:21
Speaker 14: the Bible diligently. The scriptures remind us and exhort us
20:25
Speaker 14: study to show ourselves approved the workmen that need not
20:27
Speaker 14: be shamed rightly dividing the word of truth. So we
20:30
Speaker 14: need to rightly understand so we don't twist it and
20:34
Speaker 14: misunderstand and then misapply. I really believe the world needs
20:38
Speaker 14: Christians right now to take us stand with a true understanding,
20:44
Speaker 14: a true grace, an accurate representation of His great light
20:51
Speaker 14: his answer.
20:52
Speaker 13: So my point here.
20:53
Speaker 14: Is that if Jesus prayed sanctify, that means to set
20:58
Speaker 14: us aside as he's making as his holy people, that
21:02
Speaker 14: we can truly be a bright light and not a
21:05
Speaker 14: dim light. Then he does it through his method, and
21:09
Speaker 14: in that statement, he's praying that we would be sanctified
21:12
Speaker 14: through his truth.
21:13
Speaker 13: Which is his word.
21:15
Speaker 14: So I think it really begins there, Kevin, that we
21:18
Speaker 14: get back into the Bible. In John fourteen, when Jesus
21:22
Speaker 14: said I Am the Way, the Truth, and the Life,
21:26
Speaker 14: he was speaking a.
21:27
Speaker 13: Clarion call to all of us. So we don't need
21:30
Speaker 13: to look to the world.
21:32
Speaker 14: We don't need to look to the politics, we don't
21:33
Speaker 14: need to look to the culture or to society in
21:36
Speaker 14: general to give us our standards for truth. And that's
21:39
Speaker 14: the challenge Kevin, we're facing right now where truth is
21:43
Speaker 14: being treated as if it's subjective. Your truth versus my
21:46
Speaker 14: truth and situational truth. The fact is is real truth
21:51
Speaker 14: transcends time, it transcends space. So if it's true for
21:55
Speaker 14: me and you, it's also going to be true in Egypt,
21:58
Speaker 14: It's going to be true in Venuzu way life. It's
22:00
Speaker 14: going to be true for the Christians in Iran today,
22:03
Speaker 14: or we're anywhere in the world. The truth of God
22:07
Speaker 14: is going to transcend culture, language.
22:10
Speaker 1: That universal aspect of it. And Jesus was very clear
22:14
Speaker 1: in that verse that you just quoted, He's not He
22:18
Speaker 1: doesn't shade it at all. He made some pretty stark
22:24
Speaker 1: boundaries with what he meant about things, and this is
22:28
Speaker 1: one of the most declarative, affirmative acknowledgments of his deity
22:33
Speaker 1: that we have in all scripture.
22:35
Speaker 14: You are one hundred percent spot on, Kevin, and you
22:38
Speaker 14: brought up the love of God, and the truth is
22:41
Speaker 14: is God loves people, and it's the most loving thing
22:45
Speaker 14: to do to tell them the truth.
22:47
Speaker 13: It is not a loving thing to lie to them.
22:50
Speaker 14: To deceive them, to put a shadow over the truth,
22:54
Speaker 14: just because we somehow believe that they can't handle the truth,
22:57
Speaker 14: as if we're protecting people from them selves. That's a
23:01
Speaker 14: very disrespectful thing to do, as oh, I can handle
23:05
Speaker 14: the truth, but you can't handle the truth. So Jesus
23:08
Speaker 14: was clear and presenting the truth about himself, and I
23:12
Speaker 14: really believe it's a loving thing to do to share
23:17
Speaker 14: that truth with other people, and an uncompromising, gentle, humble,
23:23
Speaker 14: but clear way. Jesus is the way. Jesus is the truth,
23:28
Speaker 14: and Jesus is the life. And no one comes to
23:32
Speaker 14: the Father except through him.
23:34
Speaker 1: Yeah, as we kind of come to a close just
23:38
Speaker 1: less than a minute, you say, in terms of applying this,
23:41
Speaker 1: don't argue everything, be clear where it matters. I think
23:45
Speaker 1: that self editing on our part is really good because
23:49
Speaker 1: we're not going to win every battle and we don't
23:51
Speaker 1: have to. But to tell the truth and to be
23:54
Speaker 1: clear where it matters, I think is really key.
23:57
Speaker 6: That's so true.
23:58
Speaker 13: You know.
23:58
Speaker 14: In Colossians and the New Estimate, chapter four, verse six,
24:01
Speaker 14: the apostle Paul says, let your speech always be seasoned
24:05
Speaker 14: with grace, Always be with grace, seasoned with salt. And
24:11
Speaker 14: it really speaks to how we're to engage with people.
24:15
Speaker 14: Were the shine of light that represents Christ, would it
24:18
Speaker 14: be loving, would it be gentle?
24:20
Speaker 13: But would it be bold. Yeah, where to tell them
24:22
Speaker 13: the truth?
24:24
Speaker 1: All right? Dan, what a great kickoff for the Standing
24:27
Speaker 1: in series that we are going to do this week.
24:29
Speaker 1: And I'm looking forward to the remaining topics Standing in Grace,
24:33
Speaker 1: standing in humility, standing in peace, and standing in the
24:37
Speaker 1: power of the Holy Spirit. I think it's really going
24:39
Speaker 1: to be a fascinating week. Thank you for getting to
24:41
Speaker 1: started today. Thank you for having me. Kevin, looking forward
24:44
Speaker 1: to the rest of the week. You got it, Kevin mccallach,
24:47
Speaker 1: coming right back.
24:47
Speaker 3: Don't go awad, stick around for more of that, Kevin, next.
24:58
Speaker 1: With us already us.
25:00
Speaker 4: I'm John Scott.
25:00
Speaker 15: Medication is one of the main ways abortion is provided
25:04
Speaker 15: across the nation, and today the US Supreme Court has
25:07
Speaker 15: restored broad access to the abortion pill MIFA pristone. The
25:12
Speaker 15: order allows women to obtain the pill at pharmacies or
25:15
Speaker 15: throughout the mail without an in person visit to a doctor.
25:20
Speaker 15: The US military says it battled the Iranian forces and sank
25:23
Speaker 15: six boats as it moved to reopen the Strait of Hormuz.
25:28
Speaker 15: The United Arab Emirates, a key American ally, says it
25:32
Speaker 15: had come under attack from Iran for the first time
25:36
Speaker 15: since the ceasefire took hold in early April. The attacks
25:39
Speaker 15: appeared to be in response to President Trump's latest efforts
25:42
Speaker 15: to reopen the Strait, a critical waterway for Global Energy
25:47
Speaker 15: Authority SEA. A driver plowed into people in the center
25:50
Speaker 15: of a German city of Leipzig, leaving two people dead.
25:53
Speaker 15: There is no motive. This is SRN news.
25:57
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27:02
Speaker 17: Our kids are absorbing that every day that they're being
27:05
Speaker 17: told your biological accident. The universe is pointless, it's random.
27:09
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27:12
Speaker 17: But the new documentary The Story of Everything explains a
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28:08
Speaker 4: Here he is from New York. That Kevin Kevin McCullough.
28:16
Speaker 1: Welcome back to that Kevin Show, That kevinshow dot Com
28:19
Speaker 1: for everything related now on four hundred and nineteen great
28:22
Speaker 1: radio stations across the country. Thank you for being with
28:26
Speaker 1: us and for having us there. Jill Holman is part
28:29
Speaker 1: of the America First Policy Institute, one of the really
28:32
Speaker 1: premier think tanks that we like to interact with on
28:35
Speaker 1: a regular basis, and Jill on mondays to start almost
28:40
Speaker 1: every week. I always talk about money. But now that
28:42
Speaker 1: we're into the end of the you know, the first
28:44
Speaker 1: quarter has wrapped up and we're starting to look at
28:46
Speaker 1: what happened. A lot of expectation went into quarter one
28:50
Speaker 1: concerning the big beautiful bill working families tax cuts. There's
28:54
Speaker 1: a lot of things that are in there, and then
28:55
Speaker 1: a war started. So I'm guessing that the deck is
28:58
Speaker 1: somewhat shuffled. But what's your read on where we are?
29:02
Speaker 18: Thank you so much for having me. I really appreciate
29:05
Speaker 18: your program. I think you know the worst starting. But
29:09
Speaker 18: what your viewers may even forget about is we also
29:12
Speaker 18: had the government shutdown, and over the last year, the
29:17
Speaker 18: US economy grew by two point seven percent. And it's
29:20
Speaker 18: remarkable at that when you consider that the Left had
29:25
Speaker 18: shut down the government for such a long period of
29:29
Speaker 18: time and would have grown by well over three percent.
29:32
Speaker 18: But with the latest GDP report showing the economy growing
29:37
Speaker 18: at about two percent, we need to really unpack that
29:40
Speaker 18: to see that there's actually an uptick in business investment
29:45
Speaker 18: in an order of about two point five percent. And
29:50
Speaker 18: when you add in the working family tax cut that
29:53
Speaker 18: actually just went into effect, you saw that there was
29:57
Speaker 18: an increase in investment in really I would say, the
30:01
Speaker 18: easy ones to invest in, and so call it technology, software, equipment.
30:08
Speaker 19: And what we're going to expect.
30:11
Speaker 18: Is that in Q two, in Q three, we're going
30:15
Speaker 18: to see an even more significant increase in investment, and
30:20
Speaker 18: that is because of the upfront the immediate expensing that
30:24
Speaker 18: the businesses can take. So you really see the impact
30:28
Speaker 18: of the working family tax cuts starting to take effect,
30:32
Speaker 18: and in fact, over fifty million families have benefited from
30:37
Speaker 18: one of the main provisions of the working family tax cut,
30:40
Speaker 18: an order of magnitude of about three four hundred dollars
30:44
Speaker 18: in average refronts to individuals. And so just on the
30:49
Speaker 18: business side, with the immediate expensing, we're going to see
30:53
Speaker 18: more businesses taking advantage of this and even more investment
30:59
Speaker 18: happening that we see will impact the GDP numbers going forward.
31:05
Speaker 18: And so our chairman of FPI, Larry Kudlow, had said
31:11
Speaker 18: last week, never bet against the Trump and American first economy,
31:16
Speaker 18: and I, you know, I have to go with where
31:19
Speaker 18: our chair states, and so I would be on the
31:22
Speaker 18: side of him and point you to the markets. And
31:26
Speaker 18: so you have the Nasak and dal Jones are both up.
31:32
Speaker 18: Not only you know since when Trump came into office significantly.
31:36
Speaker 19: If you count twenty twenty five, I believe the.
31:40
Speaker 18: Nasik was up by or s and P was up
31:43
Speaker 18: by seventeen percent. They finished yeor high and it's gone
31:46
Speaker 18: even higher. And what the markets are really looking at
31:50
Speaker 18: is is growth.
31:52
Speaker 19: And so when you.
31:54
Speaker 18: Factor in then the productivity, and right now productivity is
31:59
Speaker 18: outpaid pacing wages, so meaning companies are more profitable and
32:04
Speaker 18: the market is expecting them to grow. And so the
32:08
Speaker 18: market's really looking through this transitory, short term oil shock
32:14
Speaker 18: or oil increase in prices that's happening right now, and
32:19
Speaker 18: that's how we're looking at it as well. So we
32:23
Speaker 18: think that this is in terms of energy prices in oil,
32:26
Speaker 18: something short term in nature you can look through.
32:29
Speaker 19: That's what the markets are really doing now.
32:31
Speaker 18: And the productivity numbers have been good and we're hoping
32:37
Speaker 18: that they'll continue to grow and the policies have been
32:39
Speaker 18: put in place to do that.
32:41
Speaker 1: I would even argue that profits being what they are,
32:45
Speaker 1: even though wages are not keeping pace yet, that that
32:49
Speaker 1: is a very good sign that wages in the not
32:51
Speaker 1: too distant future will be picking up steam.
32:55
Speaker 18: I think you're right, and I would just even go
32:58
Speaker 18: a step further to say, when we look at the
33:02
Speaker 18: business investment that's taking place, not only with the immediate
33:06
Speaker 18: expensing and leading to a need for or desire and
33:12
Speaker 18: an ability for companies to expand and to invest in
33:16
Speaker 18: a very tax efficient way. When you look at overseas
33:20
Speaker 18: and what the Trump administration is doing and its deal
33:24
Speaker 18: negotiation and in each of these deals, he's expanding access
33:28
Speaker 18: by reducing non tariff barriers to make it easier for
33:31
Speaker 18: US producers to sell more abroad.
33:34
Speaker 19: But what he's also doing is including.
33:36
Speaker 18: Provisions that require our foreign training partners to invest in
33:42
Speaker 18: the United States. And with each of those components, it
33:46
Speaker 18: involves an increase in need for investment and need for workers.
33:52
Speaker 19: And so what I've been speaking about for months now is.
33:56
Speaker 18: The need to change the conversation to how can we
34:01
Speaker 18: train and how can we continue to upscale our great
34:06
Speaker 18: American workers for the jobs that are going to be
34:10
Speaker 18: happening and are relocating into the United States. And I
34:14
Speaker 18: think that's a fantastic conversation that we should be having,
34:19
Speaker 18: and we are preparing for and producing great policy research
34:23
Speaker 18: at AFPI about meeting and training for the careers that
34:27
Speaker 18: are taking place with the expansion of business investment in
34:32
Speaker 18: the United States.
34:33
Speaker 1: Yeah, I think you're right, And no other president's done
34:36
Speaker 1: it the way President Trump has in both terms, bringing
34:40
Speaker 1: production back on shore and bringing jobs home. It's what
34:43
Speaker 1: he's been about. Jill Holman of the America First Policy Institute,
34:46
Speaker 1: Thanks for all that you're doing.
34:47
Speaker 19: Thank you so much for having me.
34:49
Speaker 20: Great see you.
34:49
Speaker 4: You got it.
34:50
Speaker 1: Kevin mccallach coming right back from Times Square. Don't go away.
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39:08
Speaker 4: Here he is from New York. That's Ken Kevin McCullough.
39:16
Speaker 1: Welcome back. It is that Kevin Show. And on Monday
39:20
Speaker 1: we talk about money, and that means David Fisher's stopping
39:22
Speaker 1: by to talk to us about what's in the headlines
39:25
Speaker 1: and David. As I said in my monologue today, I'm
39:28
Speaker 1: celebrating moms all week. They're so important. They've impacted us,
39:32
Speaker 1: they made us who we are. Literally. What's one thing
39:36
Speaker 1: that as you celebrate Mother's Day this coming Sunday, you're
39:38
Speaker 1: going to remember your mom for well.
39:40
Speaker 7: Love comes in many forms, you know. Some people say
39:43
Speaker 7: it's gift giving, hugs and kisses. It's all that, but more.
39:47
Speaker 7: My mom was faithful, She was always available, and she
39:50
Speaker 7: taught me a lot of things, along with my dad obviously,
39:52
Speaker 7: but she's always there in so many different ways, and
39:56
Speaker 7: I remember her for that. She's still with me and
39:58
Speaker 7: I call her every week lover to death.
40:01
Speaker 1: That's great, that's so good. All right, let's move on
40:04
Speaker 1: to the day job. You've got quarter one in the books,
40:08
Speaker 1: and we need to know what's going on here? Is
40:11
Speaker 1: are we moving into an inflationary environment, maybe stagflation? What
40:17
Speaker 1: do you anticipate, Kevin Warsh is going to bring to
40:20
Speaker 1: the table. What's your outlook here?
40:22
Speaker 7: Well, I think we're definitely moving. We're in inflation and
40:25
Speaker 7: we're moving towards stagflation. You know, there's a ninety four
40:29
Speaker 7: percent chance of no rate cuts this year and there's
40:34
Speaker 7: a sixty percent of no rate cut between now in
40:36
Speaker 7: July of next year because the Fed said inflation is elevated.
40:40
Speaker 7: This is what has to do with oil. But there
40:43
Speaker 7: was a FED survey eighty one percent believe that inflation
40:48
Speaker 7: is now a difficult thing and it will cause challenges
40:52
Speaker 7: in cutting rates. And the Fed says they're going to
40:56
Speaker 7: put this on hold. SMP forecast now is to be stagnant,
41:00
Speaker 7: is what they're saying in this report from CNBC for
41:04
Speaker 7: the remainder of this year. And you know, we talked
41:07
Speaker 7: last week about jobs twenty thousand jobs being cut between
41:10
Speaker 7: Meta and Microsoft, a whole litany list of jobs being lost,
41:14
Speaker 7: ninety two thousand tech jobs lost so far this year.
41:18
Speaker 7: You know, we've had food prices that have been escalated.
41:20
Speaker 7: Coffee has doubled since twenty nineteen, and for the first
41:24
Speaker 7: time ever, ground beef is higher than federal minimum wage.
41:29
Speaker 7: You know, and wheat futures hit a two year high.
41:31
Speaker 7: I can go on and on, but here's some topics
41:33
Speaker 7: in the news. Higher inflation is.
41:35
Speaker 1: On the way.
41:36
Speaker 7: The Fed needs to make this clear before it raises rates.
41:39
Speaker 7: Here's another one billionaire investor, Ray Dalio drops one bold
41:44
Speaker 7: word economic warning stagflation and asks the FED to not
41:49
Speaker 7: cut interest rates because we're moving into a stakflation era.
41:53
Speaker 7: You know, the rest of the world is not raising rates.
41:56
Speaker 7: The European Central Bank they kept rates on hold, so
41:59
Speaker 7: did Canon, or did the Bank of Japan, And they're
42:02
Speaker 7: all warning this inflationary environment. And two of the three
42:06
Speaker 7: banks I just listed are saying we're moving towards stay inflation.
42:09
Speaker 7: So that seems to be the word. What is that
42:13
Speaker 7: not good? Think of the seventies, high oil prices, wages
42:18
Speaker 7: not keeping up with the costs of living. The stock
42:21
Speaker 7: market dropped in half, they call it the Lost decade.
42:25
Speaker 7: Took ten years to recover, and gold went on a rampage.
42:28
Speaker 7: So did silver. Gold win up five five years and
42:31
Speaker 7: silver did twice as much. I hope we don't have
42:34
Speaker 7: those kind of types of environment. It'd be great for
42:36
Speaker 7: those that own gold and silver, but the other side
42:39
Speaker 7: of the equation is not good for our economy.
42:42
Speaker 1: All right. The UAE just pulled out of OPEK, and
42:46
Speaker 1: some people are speculating that the future of OPEK is
42:49
Speaker 1: not good. What does all of that mean to gold
42:52
Speaker 1: and silver?
42:53
Speaker 7: Yeah, they've been a part of OPEK, for sixty years
42:56
Speaker 7: and they're pulling out May first. This is a big
43:00
Speaker 7: blow to OPEK. The UAE is one of the biggest
43:04
Speaker 7: producers of OPEC. They produced fifteen percent of OPEX export,
43:09
Speaker 7: which is the largest exporter. You know, since nineteen seventy four,
43:13
Speaker 7: the United States struck an agreement with OPEC that they
43:16
Speaker 7: would sell oil and only dollars and we would protect them. Well,
43:20
Speaker 7: just today there's three drone strikes that we're in the UAE,
43:24
Speaker 7: and so they're finding that they're not being protected, and
43:27
Speaker 7: that's not why the decision was made. They want to
43:31
Speaker 7: be independent and they're going to be able to produce
43:33
Speaker 7: about five million barrels a day of oil and they're
43:37
Speaker 7: currently producing three million. So it's an incentive for them
43:40
Speaker 7: to cut their ties with OPEK. But what does this
43:44
Speaker 7: mean for the dollar, Well, just means that they want
43:47
Speaker 7: to be independent. Meanwhile, even Saudi Arabia has been flirting
43:51
Speaker 7: with China for years, considering oil sales in the long
43:55
Speaker 7: rather than dollars. So we're talking about this is not
43:59
Speaker 7: something that's we've been talking on your program before, and
44:01
Speaker 7: we have a white paper on it. But the dollar
44:04
Speaker 7: expansion debasement is actually the tailwind for gold in years
44:10
Speaker 7: to come. So towards this end, the goal market and
44:13
Speaker 7: gold has just begun, and slowly gold is going to
44:17
Speaker 7: be the only store value better than a detrusted, debased
44:21
Speaker 7: US dollar. Not against our country, just we can't have
44:24
Speaker 7: a financial house and order. But after all, oil selled
44:28
Speaker 7: in gold or another currency is much better than oil
44:32
Speaker 7: being settled in the dollar that's shrinking in its usage
44:36
Speaker 7: and its sustainability. So, in short, what we saw with
44:39
Speaker 7: the UAE in this famous exiting opek, it's a further
44:44
Speaker 7: confirmation that the dollar usage is becoming shrinking and other
44:49
Speaker 7: currencies and gold is coming to the forefront.
44:52
Speaker 1: All right, David, last week and for a couple of
44:55
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48:00
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48:01
Speaker 15: Norway's Prime Minister. Urus Gar Storer says President Trump's decision
48:06
Speaker 15: to pull thousands of US troops from Germany is even
48:09
Speaker 15: more of a reason for Europe to fin for itself
48:11
Speaker 15: when it comes to defense.
48:13
Speaker 25: That because I think we are expecting that Europe is
48:16
Speaker 25: taking more charge of its own security. I don't see
48:19
Speaker 25: those figures as dramatic, but I think they should be
48:21
Speaker 25: handled in a, you know, a harmonious way inside the
48:25
Speaker 25: framework of NATO. And if we do it that way,
48:28
Speaker 25: I think, you know, it will highlight that Europe is
48:30
Speaker 25: taking more charge of the security, still working closely with
48:33
Speaker 25: the US.
48:34
Speaker 15: The Pentagon announcing last week it would pull some five
48:37
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48:41
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48:44
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50:02
Speaker 4: Serving it up with a no drink mitt. It's that
50:06
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50:11
Speaker 1: All right, Welcome back, Kevin McCollough. If you have not
50:13
Speaker 1: yet registered to win your mom two thousand dollars in cash,
50:18
Speaker 1: go to that kevinshow dot com, that kevinshow dot com
50:22
Speaker 1: and click the promotions tab because when you do, there's
50:25
Speaker 1: an option there that is very easy to access where
50:29
Speaker 1: you can just register for a chance to win two
50:33
Speaker 1: thousand dollars for mom this Mother's Day. And I can't
50:38
Speaker 1: think of a better argument for why you wouldn't be
50:42
Speaker 1: Kid of the Year if you didn't bring home the
50:47
Speaker 1: win for the two thousand dollars for mom. I mean,
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Speaker 1: Mom's going to love you. But that you can register
50:55
Speaker 1: for that. There's also a chance to win for a
50:57
Speaker 1: twenty five hundred dollars cash prize for gas and groceries.
51:01
Speaker 1: So't we got a lot of stuff going on on
51:04
Speaker 1: the promotions page and if you're not checking it regularly,
51:07
Speaker 1: you need to go do that. That's where you can
51:09
Speaker 1: also win a That Kevin Show Limited Edition mug, which
51:13
Speaker 1: we are giving one away of every Friday between now
51:15
Speaker 1: and July fourth. So I hope that you'll register for that.
51:18
Speaker 1: But seriously, surprise Mom with two thousand dollars that you
51:22
Speaker 1: won because you registered at the Surprise Mom with two
51:26
Speaker 1: thousand dollars page on my promotions page at that Kevinshow
51:32
Speaker 1: dot com. That kevinshow dot Com. Celebrate Mom in a
51:36
Speaker 1: big way. We're all about celebrating Mom all week long.
51:39
Speaker 1: We're we're just going to do that, So I hope
51:42
Speaker 1: you'll do that. And you know, Mom may have a
51:44
Speaker 1: bucket list item that she hasn't told you about. She
51:47
Speaker 1: may want to go to Italy, maybe Rome, maybe the
51:51
Speaker 1: Amalfi Coast, if you've ever wanted to go, if you've
51:55
Speaker 1: ever wanted to go with people that were like minded
51:57
Speaker 1: and you have a good time with and make some
51:59
Speaker 1: new friends. Friends, we have got the perfect trip for
52:02
Speaker 1: you coming up September twenty ninth through October eighth. Myself,
52:06
Speaker 1: my bride who authors the Sacy Bone Food content for
52:11
Speaker 1: Salem Globally, Linda Perillo, travel Icon, Christy Nicholas, tourism expert.
52:17
Speaker 1: We are all going to host you for a trip
52:20
Speaker 1: in Italy, four days in Rome, four days along the
52:23
Speaker 1: Amalfi Coast and basing out of Sorrento, and it's just
52:26
Speaker 1: going to be a trip that you will never forget.
52:29
Speaker 1: How do I know, Well, we took this exact same
52:31
Speaker 1: trip last year that was curated by my bride based
52:35
Speaker 1: on the food and the things we could see and
52:37
Speaker 1: so forth, and we came away with such a moving
52:39
Speaker 1: experience we said we got to do this with other people.
52:42
Speaker 1: So going into the weekend, we only had twenty three
52:46
Speaker 1: seats left on the trip. You can put a deposit down.
52:50
Speaker 1: You don't have to pay for the whole thing right away,
52:52
Speaker 1: but you can put a deposit down and save your
52:54
Speaker 1: seat today. I would encourage you to do that. I
52:57
Speaker 1: anticipate that this is going to sell out and we
53:01
Speaker 1: don't want to leave you behind if you're wanting to
53:03
Speaker 1: go with us, So go to Italy twenty twenty six
53:07
Speaker 1: dot info, Italy twenty twenty six dot info, Italy twenty
53:13
Speaker 1: twenty six dot info, or you can email me and
53:16
Speaker 1: ask me for more information at that Kevin Show at
53:18
Speaker 1: gmail dot com, That Kevinshow at gmail dot com. I
53:21
Speaker 1: can send you back the link to the website, but
53:24
Speaker 1: if you pay your deposit, then you hold your seat
53:28
Speaker 1: and then you've got it, and it's fully refundable if
53:30
Speaker 1: you end up not being able to take the trip.
53:32
Speaker 1: But I just I don't want you to be left
53:33
Speaker 1: out if you're really wanting to go to Italy and
53:35
Speaker 1: have the most amazing trip that you will ever have
53:39
Speaker 1: in Italy, Rome and the Amalfi Coast in one shot.
53:42
Speaker 1: It does not get more pristine, historical, food, beauty, and
53:49
Speaker 1: the weather from September twenty ninth to October eighth is incredible.
53:54
Speaker 1: And school's back in sessions, so the towns aren't as
53:57
Speaker 1: it's not it there's not as many people, it's it's
54:00
Speaker 1: more manageable in terms of getting around, and it's just
54:02
Speaker 1: it's just the perfect It's gonna be the perfect trip,
54:05
Speaker 1: and if you don't go, you're gonna wish you had,
54:08
Speaker 1: and I don't want you to have regrets. So Italy
54:11
Speaker 1: twenty twenty six dot info Italy twenty twenty six dot
54:16
Speaker 1: info is the website, or you can send me an
54:18
Speaker 1: email and I'll send that link to you at that
54:20
Speaker 1: Kevin Show at gmail dot com. Our two is up next.
54:23
Speaker 1: We're going to celebrate more moms and we're talking a
54:25
Speaker 1: lot more money Monday and our two lou Basnise and
54:28
Speaker 1: Hillary Kramer are going to be with us and we
54:30
Speaker 1: are We're going to go. It's quarter one's over. How
54:32
Speaker 1: did it, how did it work out? And what do
54:34
Speaker 1: we need to do? That's all straight ahead. Kevin mccallough,
54:37
Speaker 1: so grateful that you're with us at that Kevin Show.
54:50
Speaker 4: Somewhere in the bowels of the city that never sleeps.
54:53
Speaker 19: Kevin McCalla radio host with Sailing Media.
54:56
Speaker 4: Is a man also not sleeping.
54:58
Speaker 19: Okay, dat show.
54:59
Speaker 4: That's the color and.
55:01
Speaker 1: That guy would like a word review.
55:03
Speaker 6: Many of you know him from a Spooks for damas.
55:06
Speaker 6: Of course, that Kevin Show is going to be great.
55:08
Speaker 14: The only thing that could be greater, of course, would
55:10
Speaker 14: be that Donald Show, but we don't have that.
55:11
Speaker 20: So we have that Kevin.
55:12
Speaker 2: Shows featuring the music of Dick Tunney and the Dream
55:17
Speaker 2: in color Orchestraw, straight ahead, everything you need to know
55:30
Speaker 2: about the top headlines of the day, and a perspective
55:34
Speaker 2: that will give you some eternity to it, plus practical
55:38
Speaker 2: tips for family life, spiritual life, and good old regular life.
55:44
Speaker 2: It's Kevin McCollough Monday through Friday on That Kevin Show
55:55
Speaker 2: and now from the Connors in Sullivan Broadcast Studios.
55:59
Speaker 1: The man who is what he.
56:00
Speaker 2: Wants to be, but is way grateful that is not
56:04
Speaker 2: who he used to be.
56:06
Speaker 1: Here, all right, welcome to hour number two. Welcome to
56:13
Speaker 1: the next hour of That Kevin Show, that kevinshow dot Com.
56:17
Speaker 1: For all the information. It's amazing to have you with us.
56:21
Speaker 1: Thank you for being here, Thank you for kicking off
56:24
Speaker 1: your week in a very smart way. We've got the
56:27
Speaker 1: most talented money lined up lineup today. Jill Holman from AFPI,
56:32
Speaker 1: David Fisher from Landmark Capital, Lou Basinie is going to
56:35
Speaker 1: join us shortly a little bit later, Hillary Kramer, but
56:38
Speaker 1: what a power force him to talk about the economy
56:42
Speaker 1: and the end of quarter one and just what all
56:44
Speaker 1: it means. And we're just so grateful that you could
56:47
Speaker 1: spend some time with us. But breaking news, I've got
56:50
Speaker 1: some breaking news. I don't have a breaking news sounder.
56:52
Speaker 1: Where's my breaking news sounder? We don't we don't have one.
56:55
Speaker 1: I guess I could, I could clink my I could
56:57
Speaker 1: clink my mug. Well, that doesn't sound very good either. Anyway,
57:01
Speaker 1: breaking news. Here's the big headline. Moms matter, and we're
57:07
Speaker 1: going to spend the better part of this week talking
57:10
Speaker 1: about something that our culture treats like a footnote and
57:13
Speaker 1: then wonders why everything else feels a little bit off.
57:16
Speaker 1: We're going to talk about mothers. Not the once a
57:20
Speaker 1: year version with flowers and brunch and a quick post
57:22
Speaker 1: before we move on. Not the soft focus, Hallmark version
57:26
Speaker 1: that feels nice but doesn't ask much of us. I'm
57:29
Speaker 1: talking about the real deal. I'm talking about Mama's the
57:35
Speaker 1: woman who is there when no one else is watching,
57:38
Speaker 1: the one who builds a life in the quiet places
57:41
Speaker 1: before anyone else ever sees the result. I'm talking about
57:45
Speaker 1: the foundation of your life, the irreplaceable person in your life, civilization,
57:50
Speaker 1: sustaining people in our lives. And if that sounds a
57:55
Speaker 1: touch dramatic, it's only because we've spent a long time
57:58
Speaker 1: pretending that it's not true. So this week I've got
58:02
Speaker 1: six shows, six monologues. We will start here with the
58:07
Speaker 1: big picture, and then we'll get we'll kind of hone
58:10
Speaker 1: in on the focus each day, the earliest years of
58:13
Speaker 1: child's life, spiritual design behind being a mother, the consequences
58:18
Speaker 1: of what happens when a mother is missing, the unseen
58:20
Speaker 1: work that rarely gets applause, and finally, on Mother's Day itself,
58:24
Speaker 1: we're going to unload the legacy that outlives everything else
58:27
Speaker 1: that we chase. So before any of that, we need
58:31
Speaker 1: to deal with some reality. Because reality isn't subtle on
58:35
Speaker 1: this subject. Here's what some of the data says. Children
58:39
Speaker 1: who grow up with an engaged, present mother are far
58:45
Speaker 1: more likely to thrive, listen to all these ways emotionally, academically, socially.
58:52
Speaker 1: That's what decades of research have shown. Early maternal involvement
58:57
Speaker 1: is tied to stronger language development, healthier emotional regulation, and
59:01
Speaker 1: better long term outcomes in school and life. And those
59:04
Speaker 1: first few years they matter more than most of us
59:08
Speaker 1: even think about, because that's when the brain is being wired.
59:12
Speaker 1: How a child learns to trust, to respond, to feel
59:15
Speaker 1: safe in the world, and the person shaping that environment
59:19
Speaker 1: day in and day out almost always is mom. Her voice,
59:24
Speaker 1: her presence, the way she responds when a child cries
59:28
Speaker 1: or laughs or doesn't understand something. Those things don't just
59:33
Speaker 1: comfort a child, they form them. They set the tone
59:37
Speaker 1: for how that child will move through the world long
59:40
Speaker 1: after the toys are put away and the house gets quiet.
59:44
Speaker 1: I know that not from studies, but from my own life.
59:49
Speaker 1: My mom, Sharon Elizabeth McCullough, was all I knew in
59:53
Speaker 1: my earliest years. My father had left, my paternal father
59:57
Speaker 1: had left us. She wouldn't meet the man who would
59:59
Speaker 1: later adopt me and claimed me as his son until
1:00:02
Speaker 1: I was almost in first grade. Until then, it was
1:00:05
Speaker 1: just herned me, and she was there every day, every
1:00:10
Speaker 1: day throughout my life when I came home from school,
1:00:12
Speaker 1: every moment that mattered in ways I didn't even have
1:00:15
Speaker 1: words for at the time. When the school system failed
1:00:18
Speaker 1: both of us, and it did, she didn't shrug and
1:00:22
Speaker 1: hope for the best. She stepped in. She made a
1:00:24
Speaker 1: decision that back then wasn't common at all in Texas
1:00:27
Speaker 1: where I grew up. She homeschooled me. That was, you know,
1:00:32
Speaker 1: going into my first couple of years of or end
1:00:35
Speaker 1: of junior high and into high school. No fanfare, no applause,
1:00:39
Speaker 1: just the quiet daily work of making sure her son
1:00:42
Speaker 1: didn't fall through the cracks. She made me listen to
1:00:44
Speaker 1: Chuck Swindall on the radio. I learned a lot about scripture.
1:00:48
Speaker 1: She made me get all my homework done every day
1:00:50
Speaker 1: before I did anything else. I grew in academic ways
1:00:54
Speaker 1: I had not before. I didn't understand what she was
1:00:58
Speaker 1: doing then, and kids seldom do. That's why kids can't
1:01:01
Speaker 1: be in charge of anything. Kids can't even be in
1:01:03
Speaker 1: charge of themselves. But I understand it now because I
1:01:07
Speaker 1: lost her when I was seventeen, and when I walked
1:01:10
Speaker 1: back into a traditional school environment after that, something had
1:01:14
Speaker 1: shifted greatly in me. I wasn't trying to keep up anymore.
1:01:17
Speaker 1: I was leading. That didn't come for me. That came
1:01:20
Speaker 1: from her, from years of consistency, from presence, from someone
1:01:23
Speaker 1: deciding that my future was worth her effort, even when
1:01:26
Speaker 1: it cost her something. She was battling cancer at the
1:01:29
Speaker 1: end for about two and a half years, fighting a
1:01:31
Speaker 1: war she knew she might not win. But here's the
1:01:34
Speaker 1: part that stays with me. She had already won something
1:01:37
Speaker 1: that mattered more. There hasn't been a single day in
1:01:40
Speaker 1: my fifty six years that I haven't thought about her,
1:01:45
Speaker 1: not one. I think about what she taught me, about
1:01:49
Speaker 1: how she was always present, how she showed up. Mom
1:01:53
Speaker 1: was my superpower. And I don't say that lightly because
1:01:58
Speaker 1: the truth is what mothers do is often invisible until
1:02:01
Speaker 1: it isn't there, and that's when the data becomes really clear.
1:02:05
Speaker 1: Listen to this. Children without stable maternal care are more
1:02:09
Speaker 1: likely to struggle emotionally, developmentally, and relationally. They show up
1:02:14
Speaker 1: in systems we all talk about but rarely connect back
1:02:17
Speaker 1: to the root, foster care, behavioral problems, long term instability.
1:02:21
Speaker 1: This isn't about condemning anyone navigating difficult circumstances. Life is
1:02:27
Speaker 1: complicated and not every story is clean, but the pattern
1:02:31
Speaker 1: is still the pattern. Mothers matter in ways that can't
1:02:36
Speaker 1: be that can't be casually or easily replaced. And yet
1:02:40
Speaker 1: we live in a moment and in a time where
1:02:42
Speaker 1: that truth is treated like it's optional, where the message,
1:02:46
Speaker 1: sometimes subtle, sometimes loud, says motherhood is secondary, interchangeable, something
1:02:51
Speaker 1: that can be redefined without consequence. And when a culture
1:02:55
Speaker 1: forgets that, when it starts to treat mothers as optional
1:02:58
Speaker 1: or interchangeable, it does just lose a value. It loses stability.
1:03:03
Speaker 1: Because you can build all the systems you want, you
1:03:05
Speaker 1: can have all the policies and programs and institutions and
1:03:08
Speaker 1: resources and everything. But if the foundation underneath them, which
1:03:14
Speaker 1: your family is anchored by present engaged moms, starts to crack,
1:03:19
Speaker 1: everything built on top of it eventually will fall too.
1:03:23
Speaker 1: So yeah, I'm going to make this week about moms,
1:03:27
Speaker 1: but it's also about remembering something we should have never forgotten,
1:03:30
Speaker 1: that the strength of a nation doesn't start in Washington
1:03:32
Speaker 1: or Wall Street. It starts in the home, with women
1:03:37
Speaker 1: who choose every single day to show up, to teach,
1:03:41
Speaker 1: to correct, to love, to endure, to build something in
1:03:47
Speaker 1: their children that will outlast them. We're going to talk
1:03:49
Speaker 1: about it all week, the science, the faith, the hard truths,
1:03:54
Speaker 1: the quiet sacrifices, the legacy that keeps going long after
1:03:58
Speaker 1: the mother is gone. But now, now, just this, just
1:04:01
Speaker 1: just listen to this. If you've ever had a mother
1:04:03
Speaker 1: who showed up for you, really showed up, you've already
1:04:07
Speaker 1: experienced one of the most powerful forces in all of creation.
1:04:13
Speaker 1: And if we can't recognize that, then we're not nearly
1:04:16
Speaker 1: as advanced as we think we are. I would love
1:04:19
Speaker 1: to hear what kind of impact your mom's had on you.
1:04:22
Speaker 1: Please send me an email that Kevin show at gmail
1:04:24
Speaker 1: dot com, that Kevin Show at gmail dot com, and
1:04:28
Speaker 1: who knows, maybe we'll read yours on there. Coming up
1:04:32
Speaker 1: more money Monday.
1:04:33
Speaker 10: Say with.
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1:04:58
Speaker 3: Those few dollars a day ray there for young people
1:05:01
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1:05:19
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1:05:20
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1:05:27
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1:05:45
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Speaker 26: In this new movie, The Dragon's Prophecy, Deneshtissa brings the
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Speaker 27: We don't accept what the enemy wants to do with
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Speaker 4: Here he is from New York. Kevin, Kevin mccullor, all.
1:09:05
Speaker 1: Right, welcome back. It's Monday, money Monday, and that means
1:09:08
Speaker 1: we're going to run through everything and whether it's metals
1:09:12
Speaker 1: or stock picks or just the general economy. Always glad
1:09:16
Speaker 1: to help you focus a little bit better, become a
1:09:20
Speaker 1: little bit better steward of what you have worked hard
1:09:23
Speaker 1: for and help you leave it as a legacy for
1:09:25
Speaker 1: your kids. Do more good stuff for the kingdom and
1:09:29
Speaker 1: help your fellow man. I mean that's the I really
1:09:34
Speaker 1: detest this idea in the culture that are in the
1:09:37
Speaker 1: in the church rather that says, you know, Christians should
1:09:40
Speaker 1: not try to pursue earning well in their career. I
1:09:45
Speaker 1: think earning well is how we get the kingdom work
1:09:48
Speaker 1: done in many ways. So this is why I do
1:09:51
Speaker 1: this segment unapologetically every week, even on Mom's Week, Mother's
1:09:57
Speaker 1: Day Week. We will talk a little bit more about
1:09:59
Speaker 1: that as we go along too. Lou Basinese is back
1:10:02
Speaker 1: with us after a little bit of a sabbatical. He
1:10:04
Speaker 1: had some things to go tend to, like having a
1:10:07
Speaker 1: new baby and I don't know, running in a marathon
1:10:10
Speaker 1: and doing a number of things. But you know, I'm
1:10:13
Speaker 1: from the Fox Business Network and he's now back with
1:10:15
Speaker 1: us on Mondays.
1:10:16
Speaker 6: Hey, Lou, good to be here. My friend.
1:10:18
Speaker 29: Ed to be clear, I didn't have the baby. My
1:10:20
Speaker 29: wife had the baby.
1:10:21
Speaker 1: That's yeah, yeah, but you lived with her while she did,
1:10:25
Speaker 1: so there was some credit that you got in that.
1:10:27
Speaker 1: I'm not going to take that away from you.
1:10:29
Speaker 6: Hey, in honor of mothers. We've got to give mothers
1:10:32
Speaker 6: all the credit.
1:10:32
Speaker 1: That's Well's and there's no doubt that they do the
1:10:39
Speaker 1: most amazing thing in breathing life that God gives in
1:10:43
Speaker 1: that divine miracle bringing that life into this world, and
1:10:46
Speaker 1: we are so thankful for them. We'll talk more about
1:10:50
Speaker 1: that in a second. I want to get to the
1:10:52
Speaker 1: big stuff. The rumor mill over the weekend is that
1:10:56
Speaker 1: Trump's gonna reconsider engaging in Iran. He very timely on
1:11:01
Speaker 1: Friday said the war is terminated, notifying Congress ending the
1:11:05
Speaker 1: previous sixty days. But now that pretty much gives him
1:11:09
Speaker 1: another sixty days to start whenever he needs to. The
1:11:14
Speaker 1: blockade has worked fairly well, I think, But what is this?
1:11:18
Speaker 1: I mean, we're still seeing I paid four dollars and
1:11:20
Speaker 1: fifty five cents for gas this morning, lou that's the
1:11:23
Speaker 1: thing he ran against. How does this get fixed?
1:11:27
Speaker 29: Yeah, so it gets fixed by getting the job done,
1:11:30
Speaker 29: which is taking longer as it always does. When we
1:11:32
Speaker 29: talk about matters of war. And you know, I think
1:11:34
Speaker 29: you put your finger on the thing that matters most.
1:11:36
Speaker 29: It's the midterm math. If oil I mean, if gas
1:11:39
Speaker 29: prices are well above four dollars, a gallon. I think
1:11:42
Speaker 29: the Republicans and the administration have a hard time going
1:11:45
Speaker 29: into midterms.
1:11:46
Speaker 6: For the markets, though.
1:11:48
Speaker 29: You got to talk about two different worlds, right, The
1:11:49
Speaker 29: markets are not the economy. The markets are looking forward
1:11:53
Speaker 29: and just looking past this, assuming that the war and
1:11:56
Speaker 29: Iran is going to end. How are conflict however, we
1:11:59
Speaker 29: want to, you know, label it will end, you know,
1:12:02
Speaker 29: in the next coming weeks or so, and that oil
1:12:05
Speaker 29: will drop down in price and we'll get back to
1:12:07
Speaker 29: some more normal conditions by the end of the year.
1:12:10
Speaker 6: So I think that's important.
1:12:11
Speaker 29: You know, corporate America is seeing through it, but you
1:12:14
Speaker 29: know that that's not very comforting for every day I.
1:12:16
Speaker 1: Kind of think he has a runway of between now
1:12:20
Speaker 1: and either Memorial Day or July fourth. I think July
1:12:25
Speaker 1: fourth is starting to really cut it close. But I
1:12:27
Speaker 1: think if he can get things wrapped up by Memorial Day,
1:12:30
Speaker 1: I think you've got a good what five months there
1:12:33
Speaker 1: before the elections. And I think that I think that
1:12:36
Speaker 1: the relief to the pump comes quicker than we realize.
1:12:41
Speaker 1: I think it does be. I think people just sense
1:12:44
Speaker 1: that the war's over. There's going to be immediate hope.
1:12:45
Speaker 1: But then I think that you're actually going to see
1:12:48
Speaker 1: the process, you know, slowly kick in. And I think
1:12:51
Speaker 1: that demand is going to do what it does, but
1:12:53
Speaker 1: I think supply is going to also do what it does,
1:12:56
Speaker 1: and I think he can. I think he's got till
1:12:58
Speaker 1: about Labor Memorial Day. That's kind of my guideline.
1:13:02
Speaker 6: Listen, for not being an oil and gas guy. You
1:13:04
Speaker 6: nailed it pretty well.
1:13:06
Speaker 29: The rule itself is traditionally, for every ten dollars move
1:13:08
Speaker 29: in oil, whether it's up or down, it's about a
1:13:11
Speaker 29: twenty five or thirty cents move in gasoline. And it
1:13:14
Speaker 29: takes you know, call it six to eight weeks for
1:13:17
Speaker 29: that change to happen. So you're right if by the
1:13:19
Speaker 29: end of Memorial Day, maybe if we push it into
1:13:22
Speaker 29: July fourth, you'll start seeing If you look at the
1:13:24
Speaker 29: futures prices, like what predictions are for oil prices further out,
1:13:27
Speaker 29: they come down pretty precipitously, so you'd get back at least,
1:13:31
Speaker 29: at the very least, we'd be in, as you said it,
1:13:33
Speaker 29: a decline the trajectory going down in gas prices, which
1:13:36
Speaker 29: I think will work in the administration's favor.
1:13:39
Speaker 6: We just can't be you know, the you know when
1:13:41
Speaker 6: the Ukraine War.
1:13:42
Speaker 29: Broke out with Russro. They said it was going to
1:13:44
Speaker 29: be a couple of weeks, and here we are three
1:13:45
Speaker 29: plus years later. So we can't have another one of those,
1:13:48
Speaker 29: I think. But to your point, I think the blockade's working.
1:13:53
Speaker 29: The US has the leverage. I don't know that everyone
1:13:55
Speaker 29: understands this why because it's not you know, it's not
1:13:57
Speaker 29: something that gets talked about around the kitchen table.
1:13:59
Speaker 6: But Iran can only pump oil and.
1:14:02
Speaker 29: Store it for so long before it starts getting very
1:14:04
Speaker 29: just disastrous for them.
1:14:05
Speaker 1: So and he literally MUCKs it up.
1:14:08
Speaker 29: Yes, yes, so to anywhere from sixteen to sixty days
1:14:11
Speaker 29: on the outside.
1:14:12
Speaker 6: So we're getting close to that.
1:14:14
Speaker 29: So Iran has to do something to reopen the straits
1:14:17
Speaker 29: or our moves otherwise they absolutely have no way to
1:14:19
Speaker 29: generate revenue and actually run the country.
1:14:21
Speaker 1: Yeah. Well, the president full announcement saying that the Strait
1:14:25
Speaker 1: is going to be opened. He's got a new strategy
1:14:26
Speaker 1: for that. Interesting thing for Americans is that we don't
1:14:31
Speaker 1: need the oil that goes through the strait, like we
1:14:34
Speaker 1: don't get our stuff from there. This is entirely Trump
1:14:38
Speaker 1: trying to be a good neighbor to Europe and to
1:14:42
Speaker 1: Asia and you know, to the other Middle Eastern countries.
1:14:46
Speaker 1: But this is not a play that is purely American
1:14:48
Speaker 1: in its focus. Of course, he won't get any credit
1:14:50
Speaker 1: for that, but I love the fact that the guy
1:14:53
Speaker 1: thinks big picture and looks at you know, the entire
1:14:55
Speaker 1: chess board, not just one move ahead when he's doing this.
1:14:58
Speaker 1: Let me shift gears a little bit. AI and technology is,
1:15:05
Speaker 1: you know, obviously the new hot thing. Every app in
1:15:08
Speaker 1: my phone now has its own AI assistant. That is
1:15:12
Speaker 1: crazy to me. My phone gets heated up when I
1:15:15
Speaker 1: use one a couple of times, you know, but what
1:15:18
Speaker 1: is that? What does that mean? Especially when you're looking
1:15:21
Speaker 1: now at what happened in quarter one for the next
1:15:24
Speaker 1: few weeks.
1:15:25
Speaker 29: Yeah, for me this quarter, you know, everyday Americans probably don't.
1:15:28
Speaker 6: Pay attention to the quarter of the reports as much.
1:15:30
Speaker 6: I just nerd out on it.
1:15:31
Speaker 29: But it was really instructive because you're seeing now the
1:15:34
Speaker 29: biggest companies that are leading the AI race, the Amazons,
1:15:38
Speaker 29: the alphabet or Googles of the world, Microsoft reaffirming that
1:15:42
Speaker 29: this is just going to get bigger and bigger from here.
1:15:44
Speaker 29: In fact, you had Amazon come out and increase their
1:15:47
Speaker 29: capital spending to over one hundred billion dollars more in
1:15:50
Speaker 29: saying like we can do this because we have two
1:15:52
Speaker 29: times that in demand for the business. So I think
1:15:55
Speaker 29: the misconception or the fear has been that we're on
1:15:58
Speaker 29: the brink of another dot com bubble, and the reality
1:16:03
Speaker 29: is we're not anywhere near it, no matter what metric
1:16:05
Speaker 29: you look at. Back in the dot com days, you
1:16:08
Speaker 29: had a lot of companies that were just pretending to
1:16:10
Speaker 29: be online that they had real business there, and that's
1:16:13
Speaker 29: not the case here. There's genuine business that is pulling this.
1:16:15
Speaker 29: And I would tell you that, you know, it's in
1:16:17
Speaker 29: the honor of baseball season and my Yankees doing well
1:16:20
Speaker 29: and the wonderful Mets not doing so great that you
1:16:25
Speaker 29: know we're maybe in the second inning of the AI
1:16:27
Speaker 29: growth trend. So I think for you talking about it,
1:16:30
Speaker 29: you know every app on your phone is now rolling
1:16:33
Speaker 29: out AI features. This is just the beginning, and I
1:16:35
Speaker 29: think people need to think about it this way.
1:16:37
Speaker 6: AI is not going to be a product.
1:16:39
Speaker 29: It's just going to be a feature of pretty much
1:16:41
Speaker 29: everything we do that makes things faster, better, smarter, and
1:16:45
Speaker 29: more efficient. So this is really early stages. We talk
1:16:49
Speaker 29: about I love it from the exciting standpoint of you're
1:16:52
Speaker 29: using AI and a lot of applications to cure diseases
1:16:55
Speaker 29: and find cures for diseases new drugs.
1:16:57
Speaker 6: So in areas you know, you and I were talking
1:16:59
Speaker 6: about cancer.
1:16:59
Speaker 29: Tre treatments, you get into autoimmune diseases, neurodegenerative disease like Parkinson's.
1:17:07
Speaker 29: There's going to be a lot of discoveries that happened
1:17:09
Speaker 29: thanks to AI, and you know, so I'm excited about
1:17:11
Speaker 29: the future, but we're still.
1:17:13
Speaker 6: Very early in this new reality.
1:17:14
Speaker 1: Well, just to prove what you were saying there, I
1:17:17
Speaker 1: remember a long time ago when Watson first was on
1:17:21
Speaker 1: the scene, and one of the things that they did
1:17:25
Speaker 1: that IBM did that was kind of controversial was they
1:17:27
Speaker 1: enrolled Watson in a medical residency in the University of
1:17:31
Speaker 1: North Carolina Medical System and in about six weeks, he
1:17:37
Speaker 1: had digested and learned everything that the University of North
1:17:43
Speaker 1: Carolina Medical System had ever published, looked at the patient
1:17:47
Speaker 1: record of every patient that they had ever treated, and
1:17:51
Speaker 1: basically in six weeks had his complete had its complete
1:17:56
Speaker 1: background ready to begin diagnosis. And they then they tracked
1:18:01
Speaker 1: diagnoses that Watson would make on cases over the next
1:18:04
Speaker 1: two years and he ended up being ninety eight percent
1:18:08
Speaker 1: accurate when the human doctors were in the eighty to
1:18:11
Speaker 1: eighty eight percent range. And it wasn't that they wanted
1:18:15
Speaker 1: Watson to now start beingcoming the primary diagnosis tool. They
1:18:22
Speaker 1: still use human doctors, but he is a wonderful backup
1:18:26
Speaker 1: tool to bounce that second because he found anomalies in
1:18:31
Speaker 1: patients that doctors missed that you know, we're just one
1:18:33
Speaker 1: small little thing that tripped a report that he had
1:18:37
Speaker 1: memorized and filed and knew all the data from, and
1:18:40
Speaker 1: it helped them look in new ways. And of course,
1:18:43
Speaker 1: you know, an AI can't necessarily make a human diagnosis
1:18:46
Speaker 1: from examining the patients the same way.
1:18:47
Speaker 29: But AI cannot inject the context and nuanced that humans can.
1:18:53
Speaker 6: For you know, I talk about in the legal profession.
1:18:55
Speaker 6: I gave a speech to some.
1:18:57
Speaker 29: Top lawyers and like that's the difference, right, they can
1:19:00
Speaker 29: train up a junior lawyer.
1:19:03
Speaker 6: And as an AI.
1:19:03
Speaker 29: Agent, but you can't teach them the three or four
1:19:06
Speaker 29: decades of experience they have and then just the nuances
1:19:08
Speaker 29: of it. So I think AI is I like to
1:19:10
Speaker 29: call it, think of it instead of artificial intelligence it's
1:19:12
Speaker 29: accelerated innovation because it is it is a way to
1:19:17
Speaker 29: just accelerate the things that we do doing faster, smarter, better.
1:19:20
Speaker 29: And I'm really glad you brought Watson though, because it's
1:19:22
Speaker 29: a great example.
1:19:23
Speaker 1: Let's take a quick great and I'll have you pick
1:19:25
Speaker 1: up on that because we're out of time. Plus I
1:19:27
Speaker 1: just hatched hat GPT patent. Your accelerated Uh so we'll
1:19:33
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1:19:36
Speaker 15: For more of that, Kevin next, Well, that's all right
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1:19:51
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1:22:00
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1:22:02
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1:22:06
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1:22:09
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1:22:20
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1:22:55
Speaker 30: Here.
1:22:55
Speaker 4: He is from New York. That's Kevin Kevin McCullough.
1:23:02
Speaker 1: All right, welcome back. It's that Kevin Show. Everything at
1:23:05
Speaker 1: that kevinshow dot com. We're never behind the paywall. We
1:23:07
Speaker 1: always want you to have access to it, including all
1:23:09
Speaker 1: of our money. Monday Conversations lou Basinie is back with
1:23:12
Speaker 1: us from the Fox Business Network and I forgot to
1:23:15
Speaker 1: mention this the Big Skinny podcast that you can see
1:23:19
Speaker 1: on YouTube and the Big Skinny dot com every single week.
1:23:23
Speaker 1: Important conversations with movers, shakers, innovators, people that are coming
1:23:27
Speaker 1: to market with new ideas and really really good insights,
1:23:31
Speaker 1: just one big idea in every single episode. Lou Besnice
1:23:35
Speaker 1: nails it for you and you can check that out tonight.
1:23:38
Speaker 1: I would encourage you to is it five pm that
1:23:39
Speaker 1: you go live?
1:23:40
Speaker 6: Yeah, it's Thursdays at five pm.
1:23:42
Speaker 1: We go live. Oh you used to be on Mondays?
1:23:45
Speaker 6: We did, and then I had some scheduling conflicts so that.
1:23:47
Speaker 1: You had a baby. I had a marathon all the yeah,
1:23:49
Speaker 1: sing me the same sad song. Okay, back to you
1:23:53
Speaker 1: were saying bringing up Watson was important, because.
1:23:57
Speaker 29: Yeah, because I think it's important because did we ever
1:24:00
Speaker 29: run out of things for Watson to do? Or did
1:24:02
Speaker 29: we run out of compute power on Watson to give
1:24:05
Speaker 29: it things to do? And I think it's the latter,
1:24:06
Speaker 29: and so I think it's a really important illustration for
1:24:10
Speaker 29: anyone that's worried about AI being a bubble. I would
1:24:13
Speaker 29: argue that we will keep as humans, keep coming up
1:24:16
Speaker 29: with more work that we can give AI. So the
1:24:18
Speaker 29: more it can handle, the more problems, more complex problems
1:24:22
Speaker 29: that we keep throwing at it. So unlike the Internet,
1:24:25
Speaker 29: where if once everyone has broadband Internet access in the world,
1:24:29
Speaker 29: like there's nothing else you can do, right if you're
1:24:30
Speaker 29: talking about five G Internet investments, But when.
1:24:32
Speaker 6: It comes to AI, I won't want to say it's infinite.
1:24:36
Speaker 29: But if you think if we keep freeing up more compute,
1:24:38
Speaker 29: we're just going to use it, We're going to find
1:24:40
Speaker 29: reasons to use it. So that provides a demand for
1:24:43
Speaker 29: the services that I would say is uncharacteristic of probably
1:24:47
Speaker 29: any other business in existence, you know, past presiant President
1:24:50
Speaker 29: and future.
1:24:50
Speaker 1: Yeah, my fear is that there's the robots are still
1:24:53
Speaker 1: going to kill us all. But that's a different story
1:24:58
Speaker 1: real quickly, corporate a have been hitting and you've got
1:25:03
Speaker 1: people talking about how they did. Any big surprises there.
1:25:06
Speaker 29: No, So for going into this quarter, we had five
1:25:08
Speaker 29: quarters in a row of double digit earnings and sales growth.
1:25:12
Speaker 6: This is now the sixth quarter in the row. How
1:25:14
Speaker 6: do you boil that down? Why does that matter to everyone?
1:25:16
Speaker 6: I tell you this if you have a job working
1:25:18
Speaker 6: for a company.
1:25:19
Speaker 29: The good news is these companies not only had record
1:25:22
Speaker 29: earnings and sales, but record profit margins. So yes, if
1:25:26
Speaker 29: we get a little bit of more inflation, prices start
1:25:28
Speaker 29: to go up, companies are actually in a really good
1:25:30
Speaker 29: position to increase.
1:25:31
Speaker 6: Wages to compensate for that.
1:25:33
Speaker 29: So this is under the current president, this is the
1:25:36
Speaker 29: first time we've seen real wage growth. When you factor
1:25:38
Speaker 29: in inflation and salary increases, you're actually coming out a
1:25:42
Speaker 29: little bit ahead. Now, whether that shows up at the
1:25:44
Speaker 29: end of every month in your checkbook, I guess.
1:25:47
Speaker 6: Now I'm just dating myself. No one has a checkbook,
1:25:49
Speaker 6: but in your bank account, you know it's you hang out.
1:25:53
Speaker 1: With Arnie too much. You know, he probably still writes
1:25:56
Speaker 1: them manually.
1:25:57
Speaker 29: He does, He absolutely does it's too funny. We had
1:25:59
Speaker 29: that comversation. He's like, no, I just love writing the
1:26:01
Speaker 29: physical ones. But I think about this. You know, us
1:26:04
Speaker 29: nerds in the finance world and economists like to focus
1:26:06
Speaker 29: on different measures of inflation CPI and PPI, Mom and
1:26:11
Speaker 29: dad and everyone else in the world just goes, do
1:26:14
Speaker 29: I have more money going out this month than I
1:26:16
Speaker 29: have coming in? Like that's it. That's what affordability boils
1:26:19
Speaker 29: down to, is like what's left at the end of
1:26:21
Speaker 29: the month. So the net net is I think you're
1:26:23
Speaker 29: going to start seeing in the back half of this
1:26:24
Speaker 29: year companies continue to increase salaries and Americans, even with
1:26:29
Speaker 29: some slightly higher gas prices, are going.
1:26:31
Speaker 6: To be the net beneficiary.
1:26:32
Speaker 29: So I think it's all positive from there, no warning signs.
1:26:36
Speaker 29: And I think it's important too because this is one
1:26:38
Speaker 29: of the times I believe this is accurate. The most
1:26:41
Speaker 29: Americans ever own stocks in the stock market, right, So
1:26:44
Speaker 29: we're all now paying attention much more than we were maybe,
1:26:47
Speaker 29: you know, ten twenty years ago. So it's good news
1:26:49
Speaker 29: to know that all the companies driving the stock market
1:26:51
Speaker 29: higher are in very good financial shape.
1:26:53
Speaker 1: Yeah. In the first hour today I talked with David Fisher,
1:26:56
Speaker 1: and he's my metals expert, and he's been talking about
1:27:00
Speaker 1: the fact that you've got bull markets in both paper
1:27:03
Speaker 1: and medals this year. And I'm curious if you think
1:27:06
Speaker 1: that that is significant, because normally everything is very cyclical.
1:27:10
Speaker 1: It's real estate, then it's metals and commodities, then it's paper,
1:27:14
Speaker 1: and it kind of like when one's up, the other
1:27:16
Speaker 1: two are usually a little bit not. It seems like
1:27:19
Speaker 1: a different dynamic right now.
1:27:22
Speaker 6: Yeah. Look, I think the stars have a line. So
1:27:24
Speaker 6: we saw some pullback.
1:27:25
Speaker 29: In the medals for a little bit in the last
1:27:27
Speaker 29: in recent months, but they've been on a nice rally
1:27:29
Speaker 29: and I think that was a catch up trade for
1:27:31
Speaker 29: all the years of the money printing, and not just
1:27:33
Speaker 29: the US government, but international government's running deficits, right, so
1:27:37
Speaker 29: you're seeing the medals catch up to that to counteract
1:27:42
Speaker 29: to the valuation of the dollar and other currencies. I
1:27:44
Speaker 29: don't think that stops anytime soon. Last time I checked,
1:27:46
Speaker 29: no one in Washington is talking about a balanced budget
1:27:49
Speaker 29: or even reducing spending. We're finding a lot of fraud
1:27:52
Speaker 29: that'll help out if we correct that. But you know,
1:27:55
Speaker 29: end of the day, I think you're going to see
1:27:56
Speaker 29: the scenario where, yes, the medals are going to do well,
1:27:58
Speaker 29: the paper the equities are going to continue to do
1:28:01
Speaker 29: well just because profits ultimately drive share prices. So I
1:28:04
Speaker 29: think it's two different dynamics that for this time are
1:28:07
Speaker 29: actually working in synchronicity, which is a good thing.
1:28:09
Speaker 1: Yeah, very interesting. All right, last couple of minutes. I'm
1:28:12
Speaker 1: asking everybody on the show today, what was one thing
1:28:16
Speaker 1: about your mom that made little lou Besies so grateful
1:28:20
Speaker 1: that you had her?
1:28:21
Speaker 29: Well, I'm just grateful not for her cooking, because she
1:28:24
Speaker 29: can make corn, beef and cabbage amazing, but not much else.
1:28:27
Speaker 6: But I will tell you this, the one thing is
1:28:29
Speaker 6: that everything. She made so many sacrifices for my brother
1:28:32
Speaker 6: and I.
1:28:33
Speaker 29: She was a single mom, school teacher, didn't have much,
1:28:36
Speaker 29: but she made a way for us just to live
1:28:39
Speaker 29: a very ordinary Middle America, you know.
1:28:41
Speaker 6: Childhood, and I'm thankful for that.
1:28:43
Speaker 29: There's a lot of hardship. There was times where she
1:28:45
Speaker 29: could have chosen herself over her sons, and she never did.
1:28:48
Speaker 29: I mean, I don't think you know, and reminiscing with her,
1:28:51
Speaker 29: I don't think she even thought about it, right, It's
1:28:53
Speaker 29: just in her heart who she was is that I'm
1:28:55
Speaker 29: going to be self less, which is amazing example, especially
1:28:59
Speaker 29: in the world now I feel is just so selfish.
1:29:02
Speaker 29: So I'm love you, Mom, thank you for all you've done.
1:29:05
Speaker 29: It did not go unnoticed. And I'll spend the rest
1:29:08
Speaker 29: of my life trying to pay her back for it.
1:29:09
Speaker 1: And I think that's a really I think that's a
1:29:11
Speaker 1: great strategy. Paying mom back, paying wife back, and paying
1:29:15
Speaker 1: into daughter's future. I think those are three investments that
1:29:19
Speaker 1: dads can never be too overly generous with. I agreed
1:29:23
Speaker 1: of all the joy that those people bring to us
1:29:25
Speaker 1: the vest and he's always appreciate it. The Big Skinny
1:29:28
Speaker 1: watch him this Thursday at five pm Eastern, and he's
1:29:31
Speaker 1: back with me on Mondays. Here for the foreseeable future.
1:29:34
Speaker 1: Lou will check you in with you later.
1:29:36
Speaker 6: Thank you, my friend.
1:29:37
Speaker 1: You got it. Kevin McCalla coming back from Times Square,
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Speaker 4: Here he is from New York exactly, Kevin, Kevin McCullough.
1:34:01
Speaker 1: All right, welcome back. It's that Kevin Show. And as
1:34:04
Speaker 1: I've been talking all show today, it's Mother's Day week.
1:34:07
Speaker 1: It's not Mother's Day. We celebrate the moms all the
1:34:10
Speaker 1: way through. And Hillary Kramer's back with us. We're going
1:34:13
Speaker 1: to talk stocks in a second, but Hillary, before we
1:34:15
Speaker 1: get to that, you're a very good mom. You love
1:34:19
Speaker 1: your kids. But I know that you had a mom
1:34:21
Speaker 1: who influenced you. What's one thing about your mom that
1:34:24
Speaker 1: you know you would be different if she had not
1:34:28
Speaker 1: done it for you or been that way.
1:34:30
Speaker 33: My mother always listened to me. She always wanted to
1:34:35
Speaker 33: hear what I had to say. She'd loved to listen
1:34:38
Speaker 33: to my stories about school, about my academics, my friends,
1:34:43
Speaker 33: stories about work once I started working.
1:34:45
Speaker 20: And let me tell you, God bless my mother. On
1:34:48
Speaker 20: June fourth, she's turning.
1:34:49
Speaker 33: Ninety three years old, and she still takes the subway
1:34:52
Speaker 33: to the Philharmonic in the city and.
1:34:54
Speaker 20: She is running around.
1:34:56
Speaker 33: And this morning he sent me your voicemail and she said,
1:34:58
Speaker 33: don't bother calling back.
1:34:59
Speaker 20: She has eron to do. And I still talk to.
1:35:01
Speaker 33: Me later and uh, and she's going to dinner tonight
1:35:05
Speaker 33: in the West village.
1:35:06
Speaker 20: We're all having pizza.
1:35:08
Speaker 6: That is.
1:35:10
Speaker 20: It really is, it really is. And so it's the listening.
1:35:14
Speaker 33: So for anyone out there, we have to listen to
1:35:18
Speaker 33: what our children say. And the lesson for myself as
1:35:22
Speaker 33: well as a widow, I'm so busy trying to take
1:35:26
Speaker 33: care of all of the details of their lives. I
1:35:30
Speaker 33: forget sometimes to just stop and say, how are you,
1:35:34
Speaker 33: what's going on, what's on your mind?
1:35:36
Speaker 20: And that's what we all need to do. We need
1:35:39
Speaker 20: to hear them.
1:35:40
Speaker 33: They left so much to say and they don't know
1:35:43
Speaker 33: where to start, and especially today, Kevin, because they're so
1:35:47
Speaker 33: they're so attached to their devices, right and they're so
1:35:50
Speaker 33: electronically engaged, the talking comes more difficult for them, and duraging.
1:35:56
Speaker 6: Becomes more difficult.
1:35:57
Speaker 1: Got to kind of dig them out of there. You
1:35:59
Speaker 1: got to pull them out of the sells sometimes. Well cool,
1:36:01
Speaker 1: thank you for sharing that. We're getting pictures and snapshots
1:36:05
Speaker 1: of mom all week, so I appreciate yours. Let's go
1:36:08
Speaker 1: back to our day job. What's the market about today?
1:36:11
Speaker 1: What stocks are we talking about today?
1:36:13
Speaker 33: Okay, I'm doing undervalued stocks today, And the reason I'm
1:36:17
Speaker 33: doing undervalued stocks is that I think that technology as
1:36:22
Speaker 33: wonderful and opportunistic and that's where you're going to make
1:36:25
Speaker 33: your millions and millions and thousands become millions and millions
1:36:29
Speaker 33: become billions. You still have to be realistic and realize
1:36:33
Speaker 33: it's a risky game. So Campbell's soup c PB seas
1:36:39
Speaker 33: in Campbell's pas in party be as in boy, you
1:36:43
Speaker 33: want to own a company like Campbell's soup that is
1:36:45
Speaker 33: so undervalued right now. That's and it goes without saying
1:36:51
Speaker 33: if we have any kind of recession, that's where you
1:36:54
Speaker 33: want to be. That's where there's going to going to
1:36:56
Speaker 33: be opportunity and you have a give it a deal
1:36:59
Speaker 33: there as well. So let me just tell you what
1:37:01
Speaker 33: your diving and yield is for Campbell's soup.
1:37:04
Speaker 19: You're diving in yield right now.
1:37:05
Speaker 20: It's seven point six percent.
1:37:07
Speaker 4: Wow, seven point.
1:37:09
Speaker 33: Six Now, usually when you have a divide in yield
1:37:11
Speaker 33: that high, it usually means that the company is having
1:37:14
Speaker 33: a problem in the stock and the.
1:37:16
Speaker 20: Company is going to cut the dividend.
1:37:18
Speaker 33: But in the case of Campbell Soup, I would I
1:37:21
Speaker 33: bet lots of money that that seven point six percent
1:37:24
Speaker 33: is going to stay seven point six percent. And as
1:37:26
Speaker 33: soon as there's concern about the stock market and the
1:37:29
Speaker 33: recession and anything about our economy, everyone starts buying Campbell Soup.
1:37:36
Speaker 20: Because they make Prego, and they make Pepperich Farm, and
1:37:39
Speaker 20: they have the Kettle brand.
1:37:40
Speaker 33: The Goldfish Cape Cod and of course Campbell Soup. We
1:37:44
Speaker 33: can't forget that, okay. And the stock is way down
1:37:47
Speaker 33: year to date, it's down twenty six percent, it's is
1:37:50
Speaker 33: that no one's interested in owning Campbell's soup. But there's
1:37:53
Speaker 33: a company called Coloplast c LBF. The divid ind is
1:38:00
Speaker 33: solid at five point six percent, totally undervalued healthcare.
1:38:06
Speaker 20: Company, pharma company. This stock is.
1:38:10
Speaker 33: Down in the last three months twenty five point two percent,
1:38:13
Speaker 33: in the last year down thirty nine percent.
1:38:16
Speaker 20: People just aren't interesting and interested in buying it.
1:38:20
Speaker 33: But it's in an area that their actual core operation
1:38:25
Speaker 33: of Coloplast is intestinal products and also reproductive products. But
1:38:32
Speaker 33: where the reason I started looking at Coloplast is because
1:38:35
Speaker 33: they've wound and.
1:38:36
Speaker 20: Skincare for chronic wounds, and they do.
1:38:39
Speaker 33: They're really in the areas where they specialize. They are
1:38:44
Speaker 33: it and there's a lot of also they're also in
1:38:47
Speaker 33: terms of intestinal there's a lot of intestinal issues and
1:38:51
Speaker 33: you know, and after COVID it's been it's been an
1:38:54
Speaker 33: issue and it's been a problem.
1:38:56
Speaker 20: And I know people are losing weight and that's probably
1:38:58
Speaker 20: one of.
1:38:58
Speaker 33: The reasons Coloplast went down because there isn't as much
1:39:02
Speaker 33: demands as there used to be in you know, intestinal
1:39:06
Speaker 33: issues because as people lose weight, they get healthier. But
1:39:09
Speaker 33: CLPBF get that dividing yield, and those datish companies.
1:39:15
Speaker 20: Are kind of amazing, to be honest. Okay, now another one,
1:39:19
Speaker 20: I'm okay, time.
1:39:20
Speaker 1: Wise, right, yep, you're good.
1:39:21
Speaker 18: Okay.
1:39:22
Speaker 20: SAP, most of you've heard of it. One point seven
1:39:26
Speaker 20: percent dividing yield. This is a software company.
1:39:29
Speaker 33: We always called it the Microsoft of Germany, and in fact,
1:39:34
Speaker 33: anytime anyone talks about SAP they compare it to Microsoft.
1:39:37
Speaker 33: But year to date, that stock's down twenty nine percent.
1:39:40
Speaker 33: In the last year, the stock is down forty three percent,
1:39:44
Speaker 33: and it is literally a lot of I mean a
1:39:48
Speaker 33: lot of the issue, of course, is artificial intelligence and AI,
1:39:52
Speaker 33: and the concern that that institutions and individuals are going
1:39:58
Speaker 33: to start to adopt using AI rather than the software
1:40:04
Speaker 33: or software as a subscription service. But this is a strong,
1:40:11
Speaker 33: top company, and if you take a look at the
1:40:13
Speaker 33: stock of Microsoft, you can see that SAP should be
1:40:16
Speaker 33: following suit and it's not.
1:40:18
Speaker 20: And you can't go wrong.
1:40:20
Speaker 33: Now I have to just very quickly give you one more,
1:40:24
Speaker 33: which is Sony. The giving and yield is less than
1:40:27
Speaker 33: one percent, but the stock of Sony. The reason it's
1:40:30
Speaker 33: gone down people are concerned about like the music industry,
1:40:33
Speaker 33: and obviously the music industry has been struggling, even though
1:40:36
Speaker 33: music itself is more popular than ever and always will be.
1:40:40
Speaker 34: But you're to date, Sony's down twenty three percent, twenty
1:40:44
Speaker 34: three But the beauty of Sony isn't necessarily just the music,
1:40:49
Speaker 34: but it has to do.
1:40:50
Speaker 35: With the video games, the consoles, the software that's involved
1:40:54
Speaker 35: with all of these these the video, the video market,
1:40:58
Speaker 35: and they're also very very strong, of course in other areas.
1:41:01
Speaker 33: The video camera business, still images, the smartphone business. Some
1:41:06
Speaker 33: of their software is used in smartphones. So I love
1:41:10
Speaker 33: I love Sony. You can't go wrong with owning.
1:41:12
Speaker 1: Sony, all right. That is a great foursome today, Campbell's, Coloplast, SAP,
1:41:20
Speaker 1: and Sony, all of them paying dividend yields and all
1:41:23
Speaker 1: of them helping your portfolio. Hillary Kramer, thank you so much.
1:41:27
Speaker 33: Thank you, Kevin, and Happy Mother's Day to all the
1:41:29
Speaker 33: mothers Day, Happy Mother's Week.
1:41:31
Speaker 1: We celebrated all week long. Kevin McCullough, coming right back,
1:41:34
Speaker 1: don't go away.
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Speaker 4: Let's stick around for more of than Kevin.
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Speaker 37: President Trump said in a social media post on Sunday
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1:44:49
Speaker 4: Serving it up. There's a no drink from it if
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1:44:56
Speaker 1: Welcome back to that Kevin Show as we kick off
1:44:59
Speaker 1: Mother's Day Week. Moms are too important. We've been talking
1:45:02
Speaker 1: about it, We're going to continue to talk about it.
1:45:04
Speaker 1: I've got data coming out the wazoo on this Moms matter,
1:45:07
Speaker 1: and we're going to continue to congratulate them, and Mom,
1:45:10
Speaker 1: congratulate you for specifically giving us sometimes the greatest gift
1:45:15
Speaker 1: of all I know that without my mom I would
1:45:18
Speaker 1: have never found Jesus. And it's the greatest gift she
1:45:21
Speaker 1: could ever give me. This is the tea collective and
1:45:25
Speaker 1: the greatest gifts she gave.
1:45:28
Speaker 38: And tursonne thread and fabric soft time.
1:45:35
Speaker 30: She stitch a.
1:45:37
Speaker 38: Dream with worn outs a face, this boy a glove.
1:45:44
Speaker 13: A step.
1:45:46
Speaker 39: To love could cost.
1:45:50
Speaker 38: But she lab me out of the loss and hung
1:45:56
Speaker 38: it there.
1:45:57
Speaker 20: So see face.
1:46:00
Speaker 38: She son inside on the.
1:46:05
Speaker 39: Paid you my dress still for you minds me man
1:46:18
Speaker 39: by friend na fa frame say.
1:46:28
Speaker 6: She gave.
1:46:31
Speaker 38: Man races very line.
1:46:37
Speaker 4: The greatest gift she gave.
1:46:44
Speaker 30: Years water by the bad old came seven nights, whispered
1:46:52
Speaker 30: his name.
1:46:53
Speaker 3: She smiled through pain.
1:46:55
Speaker 38: And softly sap the s is to pursuing day hell
1:47:04
Speaker 38: and come I hel her hear her voice still calls
1:47:10
Speaker 38: in my don't cras all else see your face.
1:47:17
Speaker 39: Time gives away so perfect gras pature faster still reunize
1:47:28
Speaker 39: me WHI his mother the pottle friend day fay pray
1:47:44
Speaker 39: lange for.
1:47:46
Speaker 10: She gay.
1:47:51
Speaker 4: Grace, mistionary, great gifts.
1:48:10
Speaker 39: Still voice bell comes her son is real. But the
1:48:16
Speaker 39: last I saw was the same long chat.
1:48:23
Speaker 30: Any heavens of it cont stay. But besides that stage bookcase, that.
1:48:41
Speaker 39: Pat still advise me to sun Hell by.
1:48:52
Speaker 4: His secory guy, because.
1:49:01
Speaker 1: It is where the shack you should walk to shrivel.
1:49:04
Speaker 32: The way.
1:49:09
Speaker 4: Grace is very na
1:49:13
Speaker 2: Cle sketchy, all right, The greatest guess