Latest / The Paul Barron Crypto Show / Bitcoin Decouples From NASDAQ?🚨Crypto Market Update

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Bitcoin Decouples From NASDAQ?🚨Crypto Market Update · The Paul Barron Crypto Show

• 0:07
  Speaker 1: Has bitcoin decoupled from the Nasdaq and traditional securities. Today,
• 0:11
  Speaker 1: we'll break it down for you. My name is Paul Baron.
• 0:13
  Speaker 1: Welcome back in the tech path. Let's do it today.
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• 0:54
  Speaker 1: over and take a quick look at the bitcoin chart
• 0:56
  Speaker 1: right now, up almost twenty two percent right now, just
• 1:00
  Speaker 1: over the last couple of weeks, as we're trading off
• 1:03
  Speaker 1: of that load around seventy four and bitcoin of course
• 1:07
  Speaker 1: now trading at ninety one k so up another thousand
• 1:10
  Speaker 1: dollars today after starting over ninety k, so very aggressive
• 1:14
  Speaker 1: on the market. Has bitcoin been pushed in a position
• 1:18
  Speaker 1: where it's starting to decouple from the Nasdaq and possibly
• 1:21
  Speaker 1: even playing catch up on go Let me go over
• 1:24
  Speaker 1: to a quick clip.
• 1:25
  Speaker 2: Take a look.
• 1:26
  Speaker 3: I think you are seeing evidence, not just I think
• 1:29
  Speaker 3: that the obvious and easy narrative would be that we're
• 1:33
  Speaker 3: talking about FED independence today, so bitcoin is kind of
• 1:36
  Speaker 3: acting as that hedge against political uncertainty. But I also
• 1:40
  Speaker 3: think that it's not just enthusiasm. It's also at exhaustion.
• 1:43
  Speaker 3: You're seeing people investors wanting to get back into risk,
• 1:47
  Speaker 3: but just maybe not the type of risk that's tied
• 1:49
  Speaker 3: to earnings or a head policy.
• 1:51
  Speaker 4: You got a quick thought, I do.
• 1:52
  Speaker 5: Look, you've got a president who's very interested and his
• 1:54
  Speaker 5: family's very interested in Bitcoin doing well, Crypto doing well,
• 1:58
  Speaker 5: and I think you're close to ray or some positive
• 2:01
  Speaker 5: announcements on policy.
• 2:03
  Speaker 2: It's evidence bitcoin supportive.
• 2:05
  Speaker 6: Nature is evidence that we have not had a de
• 2:07
  Speaker 6: leveraging event. Because you have a de leveraging event, everything's
• 2:10
  Speaker 6: going down well.
• 2:11
  Speaker 5: It has underperformed the S and P and NASA overall
• 2:14
  Speaker 5: since the peak. Recently, though, to your point, it is
• 2:17
  Speaker 5: trading pretty well up from eighty two just a.
• 2:19
  Speaker 7: Week and a half or two weeks ago.
• 2:21
  Speaker 2: Real quick, last thought.
• 2:22
  Speaker 3: I think one of the hardest things for investors is
• 2:24
  Speaker 3: to wrap their heads around the fact that day to
• 2:26
  Speaker 3: day it does trade like a risk asset, but medium
• 2:29
  Speaker 3: long term it trades like a like a safe Even
• 2:32
  Speaker 3: if you look at gold out performance, that kind of
• 2:35
  Speaker 3: you can act as an indicator of where bitcoint heads
• 2:37
  Speaker 3: when the dust kind of settles, all.
• 2:39
  Speaker 1: Right, So with that, you've got to look at what's
• 2:41
  Speaker 1: going on with the gold market, gold hitting thirty five hundred.
• 2:44
  Speaker 1: This of course is getting in the way of Trump
• 2:47
  Speaker 1: and Pal's dispute, and the market is starting to shake
• 2:50
  Speaker 1: up a little bit. Within this, there's a few points
• 2:52
  Speaker 1: within the article here the reaction with swift dollar fell,
• 2:55
  Speaker 1: stocks pulled back. We saw that investor's turn to traditional
• 2:59
  Speaker 1: assets like and of course that's why we've seen this
• 3:02
  Speaker 1: kind of move. But also I think the trailing effect
• 3:05
  Speaker 1: has been around bitcoin. That's the other factor that plays
• 3:09
  Speaker 1: into this. The total market cap right now reach two
• 3:11
  Speaker 1: point eight three trillion after rising almost two point percent,
• 3:15
  Speaker 1: so this is coming off of bitcoin's move. Does bitcoin
• 3:18
  Speaker 1: get into the framework of where gold has been going
• 3:22
  Speaker 1: over the past six months. I think that is the
• 3:24
  Speaker 1: question mark that everybody's looking to camp. Bitcoin retake retake
• 3:28
  Speaker 1: an all time high over one hundred and eight k.
• 3:31
  Speaker 1: Of course, right now we have to just deal with
• 3:33
  Speaker 1: the ninety k range. Ninety two is a very critical point.
• 3:36
  Speaker 1: Ninety five is another one that we've continued to watch.
• 3:39
  Speaker 1: This will start to paint the big picture here. I
• 3:42
  Speaker 1: think overall, however, when you look at gold, take a
• 3:45
  Speaker 1: look at this clip.
• 3:47
  Speaker 7: It seems central banks are jumping on that trade, and
• 3:52
  Speaker 7: I want to take a step back and look at
• 3:54
  Speaker 7: what is happening in gold grows on the bond market.
• 3:57
  Speaker 7: I think mister Trump believed the world on April second,
• 4:02
  Speaker 7: and he was then bullied by the bond market into
• 4:06
  Speaker 7: backing away. And this cell the US trade and by
• 4:11
  Speaker 7: the gold is probably one such consequence where the market
• 4:16
  Speaker 7: is telling mister Trump, you know, you can dictate all
• 4:20
  Speaker 7: you want, but we're going to vote with our feet.
• 4:22
  Speaker 7: And this is what the market is doing. And analysis
• 4:25
  Speaker 7: by specialized funds and analysts who believe we are at
• 4:29
  Speaker 7: the onset of the new wave in gold. Another supercycle
• 4:35
  Speaker 7: of commodities led by gold, and it's not difficult to
• 4:38
  Speaker 7: understand why and to see this on fold. So yes,
• 4:41
  Speaker 7: gold today is the only trading town, all right.
• 4:44
  Speaker 1: So guys let me know in the comments down below
• 4:47
  Speaker 1: if you think gold is just getting started or have
• 4:50
  Speaker 1: we seen kind of a run on this, because if
• 4:53
  Speaker 1: you look at where bitcoin versus gold is on one
• 4:55
  Speaker 1: hundred day rule, this chart looks at gold moving first,
• 5:00
  Speaker 1: which is what we've seen, and then Bitcoin follows with force,
• 5:03
  Speaker 1: and then gold rises. Bitcoin tends to follow another one
• 5:06
  Speaker 1: hundred days later, but quite a bit more aggressively and
• 5:09
  Speaker 1: kind of see the chart here going all the way
• 5:11
  Speaker 1: back to twenty nineteen. So there is some variations I
• 5:15
  Speaker 1: think on the charts themselves when you compare both of
• 5:18
  Speaker 1: these assets, which are whether you want to call them
• 5:21
  Speaker 1: store value risk on assets or just in general taking
• 5:25
  Speaker 1: a look at setting aside and deleveraging or leveraging against
• 5:28
  Speaker 1: the dollar right now is what we're seeing a lot of.
• 5:31
  Speaker 2: The market do. For sure. Let's take a look at bitcoin.
• 5:34
  Speaker 1: On the ETF side of things, this is of course
• 5:37
  Speaker 1: a huge move right now up through in eighty one
• 5:39
  Speaker 1: million in terms of net ETF inflow. That again also
• 5:42
  Speaker 1: pushing hard into bitcoin price, which is why we've started
• 5:46
  Speaker 1: to see bitcoin crap crack over one or excuse me,
• 5:50
  Speaker 1: ninety thousand, which I think is the key zone right
• 5:52
  Speaker 1: now that we've got to deal with. Between here and
• 5:55
  Speaker 1: ninety five, is going to get to the point of
• 5:58
  Speaker 1: do we see a full breakout and has this been
• 6:01
  Speaker 1: the end of this kind of downturn within the market.
• 6:05
  Speaker 2: I want to go to another clip.
• 6:06
  Speaker 1: Here, because if you look at everybody's still saying, well,
• 6:09
  Speaker 1: are we nearing a recession? Because Nasdaq is up, down
• 6:13
  Speaker 1: s and p has been down and starting to recover slightly.
• 6:17
  Speaker 2: There's a handful of companies. Take a look at this clip.
• 6:20
  Speaker 7: So coming many many indicators are spending out recession. So
• 6:23
  Speaker 7: that's not the question. The question is how much of
• 6:26
  Speaker 7: a recession, and if it's a mild recession, and if
• 6:28
  Speaker 7: it's controlled, if it's something akin to what Jabal has
• 6:32
  Speaker 7: been trying to do for the past seven on eggs
• 6:34
  Speaker 7: and sort of. You know, managing to get us out
• 6:40
  Speaker 7: of that loop is one thing, but again, bullying the
• 6:45
  Speaker 7: world then bursting the bubble is another bit. And I
• 6:49
  Speaker 7: think the probability of a wider, deeper event has increased
• 6:54
  Speaker 7: significantly since April second, and this is my fear. And
• 6:58
  Speaker 7: if there's a bigger event, everybody's going to suffer.
• 7:02
  Speaker 1: All right, So you can see that is the key here,
• 7:05
  Speaker 1: is big events, and this is the instability that you
• 7:09
  Speaker 1: still have that is a risk layer right now in
• 7:12
  Speaker 1: the current markets, and that of course is still leveraging
• 7:15
  Speaker 1: in against what's happening with the tariffs, and we'll show
• 7:18
  Speaker 1: a lot more on that here in a second. But
• 7:20
  Speaker 1: that is the unpredictable nature that we're dealing with, which
• 7:24
  Speaker 1: is why we're seeing gold move. You look at gold
• 7:27
  Speaker 1: hitting right now coming in from Andy Scheckman right here
• 7:29
  Speaker 1: at thirty five hundred dollars an ounce. It's fifteenth high
• 7:32
  Speaker 1: this year. Chin to report a record break in Q
• 7:35
  Speaker 1: one gold imports, this of course during a rising YU
• 7:38
  Speaker 1: on their digital currency, and then the US retail sales
• 7:41
  Speaker 1: slowed more than expected. So this is getting back into
• 7:44
  Speaker 1: the topic that they were just talking about in terms
• 7:46
  Speaker 1: of recession anxiety. And then you know, the bond yields
• 7:50
  Speaker 1: are plunging, so investors are looking for maybe a potential
• 7:52
  Speaker 1: safe haven that is pointing all to gold.
• 7:55
  Speaker 2: So is gold just reacting or is.
• 7:57
  Speaker 1: It leading the way I think The key here is twofold.
• 8:01
  Speaker 1: You could look at it from a gold bug standpoint
• 8:03
  Speaker 1: and say it's leading the way I think you look
• 8:06
  Speaker 1: at it from a traditional market standpoint. Gold is a
• 8:09
  Speaker 1: safe haven. It's reacting to what's happening with these tariffs,
• 8:13
  Speaker 1: what's happening within a recession fear kind of situation right now.
• 8:18
  Speaker 2: And you get.
• 8:19
  Speaker 1: Into when someone does go into gold, maybe some people
• 8:24
  Speaker 1: that are you know, traditional investors, but you still have
• 8:27
  Speaker 1: a large amount of investors that are not willing to
• 8:30
  Speaker 1: go into either gold or even in securities right now.
• 8:33
  Speaker 2: So what are they going into.
• 8:34
  Speaker 1: That's why you're seeing the moves right now, maybe on
• 8:37
  Speaker 1: all coins and definitely bitcoin.
• 8:40
  Speaker 2: Here's Miles.
• 8:40
  Speaker 1: He came in and said, Bitcoin just a bull market correction,
• 8:43
  Speaker 1: not a bear market. You can kind of see there's
• 8:45
  Speaker 1: the bear market right there. These are what his consideration
• 8:49
  Speaker 1: are bull market, you know, corrections all the way from
• 8:52
  Speaker 1: twenty three moving in after that all time high and
• 8:55
  Speaker 1: then we saw that previous high late last end of
• 8:59
  Speaker 1: last year. So if that is the case, then yes,
• 9:03
  Speaker 1: these are healthy. But this is a very unusual cycle,
• 9:06
  Speaker 1: if you want to call it cycles, and I think
• 9:08
  Speaker 1: that is playing into how investors are going into it
• 9:11
  Speaker 1: because many people are still staying if we are nearing
• 9:14
  Speaker 1: a recession, if these tariffs don't disappear, then it's likely
• 9:19
  Speaker 1: that this is a fake pump. So let me know
• 9:21
  Speaker 1: in the comments down below what you guys think. Do
• 9:24
  Speaker 1: you feel like this is more of a longer term
• 9:26
  Speaker 1: correction overall? Let me take a look at the Crypto
• 9:30
  Speaker 1: Fear and Greed index, and as you can see from
• 9:32
  Speaker 1: back here in early April, we had, yeah, seventh of
• 9:36
  Speaker 1: April right there, we were setting just under twenty and
• 9:40
  Speaker 1: now we have accelerated into an index rating of thirty
• 9:44
  Speaker 1: eight here as we are talking today. So this is
• 9:48
  Speaker 1: a fairly large consideration in terms of move Now you've
• 9:52
  Speaker 1: got to go back all the way into November, and
• 9:54
  Speaker 1: just remember November had a high of eighty eight for
• 9:59
  Speaker 1: the crypto Fear and Greed, So there's still a lot
• 10:01
  Speaker 1: to go.
• 10:02
  Speaker 2: Is this the bottom?
• 10:03
  Speaker 1: Everybody's trying to pick this, and again, don't get in
• 10:06
  Speaker 1: that cycle of trying to call the bottom. You know,
• 10:09
  Speaker 1: if you're looking at you know, dollar cost averaging or
• 10:11
  Speaker 1: strategies of getting into projects that you like, or pitcoin
• 10:15
  Speaker 1: or ethereum, whatever it may be. The key here is
• 10:18
  Speaker 1: look at these cycles of where these trends have been going.
• 10:21
  Speaker 1: The key that I'm playing into is are we in
• 10:24
  Speaker 1: that recession already or not. Let me go to another thing.
• 10:29
  Speaker 1: I want to show you right here, because this is
• 10:30
  Speaker 1: still fear and greed right now of the S and P.
• 10:33
  Speaker 2: When you look at the stock.
• 10:34
  Speaker 1: Market, they're still solidly in extreme fear, waiting for kind
• 10:39
  Speaker 1: of that other shoot to drop because of the unpredictable
• 10:41
  Speaker 1: nature of these tariffs and so many companies being impacted
• 10:45
  Speaker 1: by that. Take a look at this next clip because
• 10:48
  Speaker 1: this will get into a little bit more detail around
• 10:50
  Speaker 1: how it's affecting small businesses, which will have an effect
• 10:55
  Speaker 1: on potentially inflation.
• 10:57
  Speaker 2: Take a look.
• 10:58
  Speaker 8: So the theory is what makes us different makes all
• 11:00
  Speaker 8: the difference in the world. They're randomals. Nick has one
• 11:03
  Speaker 8: hundred thousand dollars paid to two factories in China. They're
• 11:09
  Speaker 8: in Chinzen, so they've got two factories. Okay, they have
• 11:12
  Speaker 8: paid one hundred thousand dollars, so they've got a whole
• 11:14
  Speaker 8: bunch of these. He can go to animals dot com,
• 11:15
  Speaker 8: see all different. They're all sitting there waiting to come over.
• 11:17
  Speaker 8: So ordinarily they go straight from there in Shenzhen and
• 11:21
  Speaker 8: they get on a big container ship. That's a bad
• 11:24
  Speaker 8: looking ship. But okay, so you get all the containers
• 11:27
  Speaker 8: now right now, not happening. In fact, he said, literally
• 11:31
  Speaker 8: they're state. They don't even know where they're storing them.
• 11:33
  Speaker 8: They're storing them somewhere near these factories. He doesn't know
• 11:35
  Speaker 8: how long they're gonna be willing to store them, because
• 11:37
  Speaker 8: in order to get them loaded onto the ship, he
• 11:40
  Speaker 8: has to pay an additional one hundred and forty five
• 11:43
  Speaker 8: thousand dollars. So you have to add those two numbers together.
• 11:46
  Speaker 8: So he has to pay two hundred and forty five
• 11:49
  Speaker 8: thousand dollars to get them on the ship, okay, and
• 11:54
  Speaker 8: he doesn't have the money to do it. So his
• 11:56
  Speaker 8: randomals are sitting over and storage somewhere he doesn't know
• 11:59
  Speaker 8: how long, okay. And then he says, by the time
• 12:02
  Speaker 8: if things clears up he wants to get him on
• 12:03
  Speaker 8: the ship, you may not even be able to get
• 12:05
  Speaker 8: container space because so many other people are doing that.
• 12:08
  Speaker 8: His view is this could make the supply chain disruptions
• 12:11
  Speaker 8: during COVID look simple, all right.
• 12:14
  Speaker 1: So the point that they're getting at is these backlogs
• 12:17
  Speaker 1: that are occurring right now in China where a lot
• 12:20
  Speaker 1: of these retailers and small businesses are trying to avoid
• 12:22
  Speaker 1: these tariffs by just waiting. Problem is is that you
• 12:25
  Speaker 1: have the rising cost of inflation then eventually going to
• 12:29
  Speaker 1: be a backlog of if we do get a tariff
• 12:32
  Speaker 1: reprieve of moving into the US. So again, this could
• 12:36
  Speaker 1: be a larger picture from a supply chain standpoint that
• 12:40
  Speaker 1: could flow into late summer. And I think all of
• 12:44
  Speaker 1: this depends on how this plays out for the Trump administration,
• 12:48
  Speaker 1: all around this tax cut, because if we get this
• 12:50
  Speaker 1: tax cut through, then I think on the other side,
• 12:52
  Speaker 1: you're going to have enough Republicans in the House incident
• 12:55
  Speaker 1: to pull back or at least put more pressure on
• 12:58
  Speaker 1: the White House to get away from the tariffs. And
• 13:00
  Speaker 1: I think that is the factor that plays into it.
• 13:02
  Speaker 1: And as I was looking earlier, here's the chart of
• 13:04
  Speaker 1: the S and P right here. This goes back to
• 13:07
  Speaker 1: February eighteenth, which was essentially the top of the market.
• 13:11
  Speaker 1: And if you look at February the eighteenth, this is
• 13:13
  Speaker 1: a monthly chart right there where we're trading right now.
• 13:16
  Speaker 1: In this month, we are down almost fifteen percent, and
• 13:20
  Speaker 1: this mark is going from February eighteenth through April twenty eighth,
• 13:26
  Speaker 1: So you look at through the end of this month
• 13:29
  Speaker 1: right now, if things hold, we could still continuously hold this.
• 13:33
  Speaker 1: Now that's the key that if we are in a
• 13:36
  Speaker 1: recession or a pre recession already, some people believe that
• 13:39
  Speaker 1: we are. I think Larry Fink was even saying he
• 13:42
  Speaker 1: believes we're in intercession. That's a pretty significant start. Now,
• 13:46
  Speaker 1: is there more left that could bottom out? Some analysts
• 13:49
  Speaker 1: are actually saying that, yeah, there is more potential for
• 13:53
  Speaker 1: bottoming out in terms of the markets overall.
• 13:56
  Speaker 2: Let me go to.
• 13:57
  Speaker 1: Show you what China will be possibly doing to put
• 14:01
  Speaker 1: even more pressure on the US. China could cancel the
• 14:04
  Speaker 1: gambling license for the Sands and the wind that, of course,
• 14:06
  Speaker 1: we'll get into Trump's backyard.
• 14:09
  Speaker 2: They also potentially could cap app.
• 14:11
  Speaker 1: Revenue charges at around five percent for Apple and Google
• 14:14
  Speaker 1: and Microsoft, so that'd be a problem, and then imposing
• 14:17
  Speaker 1: another exit tax on all exports parts. This would kind
• 14:21
  Speaker 1: of be a double hit on Apple if that were
• 14:23
  Speaker 1: If any of those number one or two and three
• 14:26
  Speaker 1: were taken, this could be continued pressure on a lot
• 14:30
  Speaker 1: of the biggest companies in America going forward. Let's take
• 14:35
  Speaker 1: another look at this because right now, if you look
• 14:37
  Speaker 1: at who's winning the AI race, because this is all
• 14:40
  Speaker 1: more of a global look at tech and the eventual
• 14:44
  Speaker 1: impact on so many countries that will have not only AI,
• 14:48
  Speaker 1: but also the technologies that are related around that.
• 14:50
  Speaker 2: Think about mining, all the chip manufacturing.
• 14:53
  Speaker 1: As well as the software integrations, as well as all
• 14:56
  Speaker 1: the different ancillary products that are built around this.
• 14:59
  Speaker 2: Who's winning that pattern race? This is coming in from China.
• 15:02
  Speaker 1: But while China is winning, granted they've been taking and
• 15:07
  Speaker 1: you know, creatively getting our ip for quite some time.
• 15:10
  Speaker 1: The US has started declining. But look at the rest
• 15:13
  Speaker 1: of Asia, you know, considerably down. Look at Europe, not
• 15:17
  Speaker 1: even on the registrar. So China is definitely out pacing everyone.
• 15:23
  Speaker 1: And it is really up to the United States, I think,
• 15:25
  Speaker 1: to try to position to where we can at least
• 15:28
  Speaker 1: compete on the AI race right now with China. Let
• 15:31
  Speaker 1: me go to another quick clip because this is going
• 15:33
  Speaker 1: to get into how the EU will address a potential
• 15:37
  Speaker 1: trade opportunity with China.
• 15:39
  Speaker 2: Take a look.
• 15:40
  Speaker 4: That is something that the European authorities in trade, that
• 15:44
  Speaker 4: is the Commission will will have to decide and we'll
• 15:46
  Speaker 4: have to conduct but you know it's it's an it's
• 15:49
  Speaker 4: an economic natural consequences or you know, second round effect
• 15:53
  Speaker 4: if you will, of very strict and very high tariffs
• 15:57
  Speaker 4: imposed by the lead partner of China. China will face
• 16:03
  Speaker 4: a moment where it has over capacity and it has
• 16:05
  Speaker 4: to ask itself what do I do with that over capacity?
• 16:10
  Speaker 4: Where do I sell my goods?
• 16:12
  Speaker 7: And you think you're app as a destination, it's.
• 16:14
  Speaker 4: One option for them, for sure, but it's not for
• 16:16
  Speaker 4: me to speculate what they're going to do with that.
• 16:18
  Speaker 4: And I hope that a trade deal will be something
• 16:21
  Speaker 4: that can be considered by both partners, the United States
• 16:24
  Speaker 4: and China.
• 16:24
  Speaker 1: I mean, all right, So a couple of things that
• 16:28
  Speaker 1: Legarde is talking about. That is when you look at
• 16:31
  Speaker 1: China's potential outlet for goods and services to into the
• 16:35
  Speaker 1: EU along with other countries. Again, you have to have
• 16:39
  Speaker 1: a destination that has a large consumer base that's willing
• 16:42
  Speaker 1: to spend. And I think that is the other factor
• 16:45
  Speaker 1: that China is facing. Here's the European Union right here
• 16:48
  Speaker 1: on imports from China, all of which have been increasing
• 16:52
  Speaker 1: over time. And if you look at this right here,
• 16:54
  Speaker 1: electrical hundred seventy three billion machinery, vehicles, etc. China also,
• 16:59
  Speaker 1: I think, is going to really accelerate in this area
• 17:01
  Speaker 1: on the vehicle side just because of what boid In
• 17:04
  Speaker 1: some of those companies would do. That would be very
• 17:07
  Speaker 1: detrimental to the European Union because of the amount of
• 17:11
  Speaker 1: automakers that are based in Europe, especially in Germany when
• 17:15
  Speaker 1: you look at BMW, Mercedes Portia, all of those will
• 17:18
  Speaker 1: take a major hit if China is capable of getting
• 17:22
  Speaker 1: a good foothold.
• 17:24
  Speaker 2: So all of that still up in the air.
• 17:26
  Speaker 1: This is definitely in a position right now where it
• 17:29
  Speaker 1: starts to shift a lot of the economic worldwide, and
• 17:33
  Speaker 1: all of this being done because Trump is definitely pushing
• 17:36
  Speaker 1: on tariffs now. Trump's economic chief predicts a tax bill
• 17:40
  Speaker 1: will pass by summer. My anticipation, if Hassett is right,
• 17:45
  Speaker 1: that this will start to move into the key thing,
• 17:48
  Speaker 1: and that is that the Republicans will deviate off of
• 17:54
  Speaker 1: the Trump agenda from tariffs if we don't have tariffs
• 17:57
  Speaker 1: off the table by now if the pass. If the
• 18:00
  Speaker 1: bill passes, the Trump tariff time I believe is limited,
• 18:04
  Speaker 1: and I do agree, I think that's when you'll start
• 18:07
  Speaker 1: to see mass defection and a lot of pressure on
• 18:10
  Speaker 1: the administration to move on tariffs. And that's that's if
• 18:12
  Speaker 1: they haven't done it already. So that is the point
• 18:15
  Speaker 1: that we're nearing at right now. Now if all of
• 18:18
  Speaker 1: that does happen, because remember, as soon as tariff's come off, guys,
• 18:21
  Speaker 1: what's going to happen. We all know the market is
• 18:24
  Speaker 1: going to re energize. There's so much cast setting on
• 18:27
  Speaker 1: the sidelines. Take a look at this clip.
• 18:30
  Speaker 6: I mean, come out and they got the House in
• 18:31
  Speaker 6: the center to pass the tax bill, get to it,
• 18:34
  Speaker 6: going to make the negotiations in a week and get
• 18:36
  Speaker 6: the vote. And as soon as we get that vote,
• 18:38
  Speaker 6: by the way, and as soon as this pass and
• 18:40
  Speaker 6: Donald Trump signs it, Larry, I don't know by you,
• 18:42
  Speaker 6: I think you're going to see a big boom in
• 18:43
  Speaker 6: the stock market. People are going to capitalize those tax
• 18:46
  Speaker 6: cuts into a higher stock value. So do it, do
• 18:49
  Speaker 6: it now?
• 18:52
  Speaker 2: All right?
• 18:52
  Speaker 1: So last point and from that clip, you know, just
• 18:55
  Speaker 1: get into understanding that we could be nearing a bottom
• 18:58
  Speaker 1: here on the stock market.
• 18:59
  Speaker 2: Many people.
• 18:59
  Speaker 1: Now there are some analysts out there that are saying, no,
• 19:02
  Speaker 1: this is still armageddon yet to crumb. And I think
• 19:05
  Speaker 1: if you look at a true recession, yeah, you're probably
• 19:08
  Speaker 1: seeing another ten to fifteen percent off the stock market,
• 19:11
  Speaker 1: maybe even twenty. But if we are not in that
• 19:13
  Speaker 1: deep recession and we're on half the way through on
• 19:18
  Speaker 1: these tariff debacles that we're facing, this could be an
• 19:21
  Speaker 1: upside win because of what could be brewing in terms
• 19:25
  Speaker 1: of these companies that are pretty much kind of coiling
• 19:27
  Speaker 1: up for potential investment. Now, if you look at Tesla,
• 19:30
  Speaker 1: this is one of those that could be rolling into
• 19:33
  Speaker 1: because remember Tesla has been depressed significantly because of all
• 19:36
  Speaker 1: of these protests. Well, tonight we're going to find out
• 19:39
  Speaker 1: because we're going to have the first quarter report, and
• 19:41
  Speaker 1: if they come back with a positive first quarter, this
• 19:45
  Speaker 1: could be significant for Tesla. The likelihood is that could
• 19:49
  Speaker 1: carry have some carry on effect, maybe not at all
• 19:51
  Speaker 1: MAC seven, but definitely on some others that would say
• 19:55
  Speaker 1: maybe things aren't as bad as we thought. So tonight
• 19:59
  Speaker 1: they're going to be doing out trials reporting on this.
• 20:01
  Speaker 1: We're going to be watching that one closely. I don't
• 20:02
  Speaker 1: know that it really has a massive effect on crypto,
• 20:05
  Speaker 1: but I think it will have an effect on stock market,
• 20:07
  Speaker 1: which does have an effect to a certain extent, even
• 20:10
  Speaker 1: though I believe bitcoin is still the coupled.
• 20:13
  Speaker 2: Now from Nasdaq.
• 20:14
  Speaker 1: All right, guys, if you're not in the Diamond Circle,
• 20:16
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• 20:18
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• 20:19
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• 20:24
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• 20:26
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• 20:29
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• 20:32
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• 20:34
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• 20:36
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• 20:38
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