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The Brewing Storm: What's Next for the Global Economy? · Earn Your Leisure

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• 1:51
  Speaker 2: So what are the black swans that could present themselves
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  Speaker 2: in twenty twenty four? In twenty twenty five, So.
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  Speaker 3: I've been talking to that's entrepreneur. All of us feel
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  Speaker 3: like something is happening, but no one is talking about
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  Speaker 3: it. It kind of feels like twenty twenty but we haven't
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  Speaker 3: had COVID present itself. So number one a major cyber attack.
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  Speaker 3: We'll talk about the Netflix and Facebook stuff later, but
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  Speaker 3: major cyber attack one. Taiwan had the earthquake issue number three,
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  Speaker 3: labor migration issue number four, interest raight inflation, politically, globalization, energy,
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  Speaker 3: and then China unraveling if we don't come to terms
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  Speaker 3: together and find a way to have a healthy partnership.
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  Speaker 3: So I think the cyber attack could be number one.
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  Speaker 3: I know a lot of companies are talking about data
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  Speaker 3: being breached. I'm going to be honest with you. I
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  Speaker 3: think a lot of these companies are selling their data
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  Speaker 3: because they need revenue. But there are some major cyber
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  Speaker 3: attacks that have happened, like the one in Vegas last year,
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  Speaker 3: and I think there'll be another one this year. So
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  Speaker 3: those are the main ones that we have to worry about.
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  Speaker 3: But my biggest fear of a couple of these happened together,
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  Speaker 3: like a extreme weather event tied together with cyber attack.
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  Speaker 3: Interest rates adjust too much, the bond market adjusts too fast.
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  Speaker 3: I think it can cause hell on Earth for the
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  Speaker 3: next eighteen to twenty four months.
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  Speaker 2: But what do you guys think?
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  Speaker 1: I think it's interesting, especially when you talked about the
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  Speaker 1: Taiwan situation, because it's been in the news and I
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  Speaker 1: feel like something's happening. The way that the United States
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  Speaker 1: is prepared TSM to be to have founderies built in Arizona. Today,
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  Speaker 1: we saw that the six point six billion dollars incentives
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  Speaker 1: are going to be given to them.
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  Speaker 2: I feel like something is brewing.
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  Speaker 1: Something's and Wall Street Journal produced an article about the
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  Speaker 1: impact if something was to happen. When we're talking about
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  Speaker 1: catastrophic events, that invasion would be catastrophic not only for
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  Speaker 1: their economy, but the world's economy. When you think about
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  Speaker 1: especially the companies that we talk about, or Microsoft, all
• 4:01
  Speaker 1: of them are clients and customers. So you can imagine
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  Speaker 1: if something happens to one of these these these foundaries
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  Speaker 1: or these semi conductive plants, if something happens, we're talking
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  Speaker 1: like catastrophic measurements are going to be shown throughout the economy,
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  Speaker 1: especially in the tech space for sure.
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  Speaker 2: So that's interesting.
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  Speaker 1: We saw that secretary yelling is in China today, So
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  Speaker 1: anytime you start seeing moving pieces like that, I think
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  Speaker 1: it's important.
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  Speaker 2: The other one is, I mean, I felt.
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  Speaker 1: Like we had a black swan right right when we
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  Speaker 1: saw the pandemic, when we saw the coronavirus or that
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  Speaker 1: alleged coronavirus, right. So I noticed that you didn't put
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  Speaker 1: that in there, because I've been hearing reports. I'm not
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  Speaker 1: sure if you I'm sure you saw you see everything
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  Speaker 1: this suspected bird flu that could be.
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  Speaker 2: Oh yeah, I forgot to even mention that. Yeah, I was.
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  Speaker 1: I'm like, do you think you said cyber attack? But
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  Speaker 1: could it be a bio attack again or allegedly, I.
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  Speaker 2: Mean it could be.
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  Speaker 3: I mean, listen, lightning struck the Statue of Liberty. Y'all
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  Speaker 3: had an earthquake. TSM could have an earthquake throughout the
• 5:07
  Speaker 3: entire market in Kaitlin.
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  Speaker 2: Clark lost all.
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  Speaker 3: In one week, spooky hours, y'all like shout shout to
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  Speaker 3: Don Staley, one of the greatest all times.
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  Speaker 2: Out to South Carolina. Shit feels weird.
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  Speaker 3: It's something like the market is steadily climbing, have a
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  Speaker 3: slow pullback of the climb back up, and everyone's want
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  Speaker 3: to act wants to act as if nothing is really
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  Speaker 3: going on. The bird flow issues, of course, one geopolitical
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  Speaker 3: stuff like Ali Baba still has not moved. I haven't
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  Speaker 3: seen a picture of Jack mine two and a half.
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  Speaker 2: Years he has.
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  Speaker 1: Yeah, it's because every time you look, even from a
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  Speaker 1: standpoint of a technical when you look at the technicals,
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  Speaker 1: if you listen around, there's a commons like consensus that
• 5:52
  Speaker 1: oh it's it's gonna rebound next three months.
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  Speaker 2: Next.
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  Speaker 1: It's been going on for like three three years now
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  Speaker 1: and we just haven't seen it.
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  Speaker 2: Yeah, we haven't seen it.
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  Speaker 1: Then there was the talks of them dividing into six companies,
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  Speaker 1: and we thought that could be beneficial. Then that gets asked,
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  Speaker 1: you talked about the leadership. There's something interesting going on
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  Speaker 1: with that company that I can't figure out. I can't
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  Speaker 1: figure out, so it makes it very tough to look
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  Speaker 1: at too it to say all right, this is something
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  Speaker 1: I want to invest in, or even you know, put
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  Speaker 1: a call or short on.
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  Speaker 2: It's just too it's too risky for me. Yeah, I
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  Speaker 2: can't do it. Keep your eyes open.
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  Speaker 3: Black Swan events come at a time when you don't
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  Speaker 3: expect them. I know the doom and gloomers are going
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  Speaker 3: crazy right now. But as an investor, you always have
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  Speaker 3: to write down first. And this is one thing that
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  Speaker 3: I love that you do with shot like what can
• 6:43
  Speaker 3: kill the deal? Like what can make the market fall apart?
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  Speaker 3: You have to know that first before you know the upside.
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  Speaker 3: Protect for the downside first, but write down twenty scenarios
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  Speaker 3: that could happen that can negatively affect the market. What
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  Speaker 3: price you will want to get in and then take
• 6:58
  Speaker 3: advantage of it, for sure. But twenty nineteen, when we
• 7:01
  Speaker 3: kept hitting these new highs, I remember being on a
• 7:04
  Speaker 3: trading called a red Panther. Then like feels like something coming,
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  Speaker 3: and then February happened. I remember Drew telling me, hey,
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  Speaker 3: I was on the plane. He got sick death least
• 7:13
  Speaker 3: like three weeks he had a flu.
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  Speaker 2: And then he comes coronavirus. So keep your eyes open.
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  Speaker 2: Something's happening.
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  Speaker 3: I don't know what it is. Maybe Robert F. Kennedy
• 7:21
  Speaker 3: toll tell us after he doesn't win an election, but
• 7:24
  Speaker 3: you know things about like Rock went on Fox News
• 7:26
  Speaker 3: and said, I don't endorse Biden.
• 7:28
  Speaker 2: I told you the Republicans came for right. They had
• 7:33
  Speaker 2: the weekend too with that WrestleMania though.
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  Speaker 3: Absolutely, but think about that even in perspective of invests.
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  Speaker 3: The Friday night event record view sixteen thousand, but investors
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  Speaker 3: at twenty thousand.
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  Speaker 2: Easy.
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  Speaker 1: Yeah, that was the first time I've seen that. You know,
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  Speaker 1: you grow up watching it. It was always like that Sunday,
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  Speaker 1: and yeah, this year it was like a three day,
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  Speaker 1: three day on Saturday.
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  Speaker 2: I'm like, what is this? Yeah, it was different. Big
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  Speaker 2: time money, big time money. Oh so what happened?
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  Speaker 3: You said, sixteen thousand people came to the WrestleMania to
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  Speaker 3: the Friday Night NXT event, which is like a record
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  Speaker 3: for them, but in their Paris and invest that's been
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  Speaker 3: at twenty something thousand.
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  Speaker 1: Yeah, so they made it a three day weeks so
• 8:10
  Speaker 1: inside of an arena for Friday. Then they had the
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  Speaker 1: Eagle Stadium for Saturday. Yep, like eighty thousand, and they
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  Speaker 1: did it again Sunday with another eighty thousand.
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  Speaker 2: So big numbers, big numbers. And I know what I
• 8:22
  Speaker 2: put on on Twitter.
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  Speaker 3: I know it may not be reflected in the stock price,
• 8:24
  Speaker 3: but we have to add a conversation. Triple H and
• 8:27
  Speaker 3: the Rock may have to get in the war for
• 8:29
  Speaker 3: best turnaround, CEO and Triple H may have to get
• 8:32
  Speaker 3: in the war for the best finester of all time.
• 8:34
  Speaker 3: You took Vincent's man daughter married and took the company
• 8:36
  Speaker 3: from him with Black Rock, and now put out the
• 8:39
  Speaker 3: scandal on them, and now you've raised Supreme and.
• 8:43
  Speaker 2: They brought everybody back. Man. Yeah, he got to.
• 8:46
  Speaker 1: You got the Rocks showing up in every city, which
• 8:48
  Speaker 1: helps intendance and helped you could bring up the prices.
• 8:50
  Speaker 1: You brought the other taker back. You brought John Cena back.
• 8:53
  Speaker 2: It was a how you got Austin. That was the
• 8:58
  Speaker 2: one that was nicknamed. That was the only one he
• 9:01
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• 10:00
  Speaker 2: Sponsored by the United States Department of Homeland Security,