Latest / The Paul Barron Crypto Show / Market Meltdown📉Ethereum Skyrocketing🚀Crypto Update

Transcript

Market Meltdown📉Ethereum Skyrocketing🚀Crypto Update · The Paul Barron Crypto Show

• 0:00
  Speaker 1: Could the market be melting down today?
• 0:01
  Speaker 2: We'll be breaking that down along with where crypto is heading,
• 0:04
  Speaker 2: also the conflict in Iran. This will get us an
• 0:07
  Speaker 2: idea of where the market is heading. I do want
• 0:10
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  Speaker 2: dot com using our link in the description. If you
• 0:41
  Speaker 2: look at the chart right now, guys, I'm looking at
• 0:43
  Speaker 2: the eighth chart. A nice significant move here to twenty
• 0:47
  Speaker 2: three hundred, up quite a bit twenty percent just in
• 0:50
  Speaker 2: the last few days. If you look at bitcoin also
• 0:53
  Speaker 2: trading about I think that was about a twelve percent
• 0:55
  Speaker 2: up when you look at where bitcoin is trading. And
• 0:59
  Speaker 2: one thing that is interesting to me is the fact
• 1:02
  Speaker 2: that we have continued to see where not only bitcoin
• 1:06
  Speaker 2: an ether going.
• 1:07
  Speaker 1: But could we see an all coin season.
• 1:08
  Speaker 2: I'm going to get into that a little bit later
• 1:11
  Speaker 2: here in the episode, but before I go there, I
• 1:13
  Speaker 2: want to kind of frame this up because there's a
• 1:15
  Speaker 2: lot of things happening.
• 1:16
  Speaker 1: In the S and P five hundred.
• 1:18
  Speaker 2: You look at the market, and I think you probably
• 1:20
  Speaker 2: saw us talking about this over the last couple of weeks.
• 1:23
  Speaker 1: Watch out.
• 1:24
  Speaker 2: We could be seeing a little bit of a rotation
• 1:26
  Speaker 2: of capital coming out of the S and P five
• 1:28
  Speaker 2: hundred and of course right there you can kind of
• 1:30
  Speaker 2: see some of the indicators two trillion coming off and
• 1:34
  Speaker 2: wiped from the market right now. We have seen this before,
• 1:38
  Speaker 2: now we haven't seen it in such a short time.
• 1:41
  Speaker 2: That's another factor that we'll play into this. So be
• 1:44
  Speaker 2: on the lookout there because as we see more pain
• 1:47
  Speaker 2: coming into the S and P five hundred and there
• 1:49
  Speaker 2: could be that it's very possible that we could probably
• 1:52
  Speaker 2: see more movement on what's going on with crypto. Another
• 1:56
  Speaker 2: factor that you have to look at is rising gas
• 1:58
  Speaker 2: prices twenty seven percent, and in a very short period
• 2:01
  Speaker 2: of time we're up to three seventy two per gallon.
• 2:04
  Speaker 2: This is the largest I shouldn't say the largest, it's
• 2:06
  Speaker 2: the fastest increase that we've had in the last thirty years.
• 2:09
  Speaker 2: If you look at the chart, you can kind of
• 2:12
  Speaker 2: see it right here, the explosion of where we are
• 2:14
  Speaker 2: right now, all of this being instructed into the market,
• 2:18
  Speaker 2: mainly for what's going on in the straight up home moves.
• 2:20
  Speaker 1: In with Iran.
• 2:21
  Speaker 2: The last time we saw this was during a global pandemic.
• 2:24
  Speaker 2: It took about six months to see a thirty seven
• 2:27
  Speaker 2: percent move. So you can see, guys, we are on
• 2:30
  Speaker 2: our way now. Does that mean that the market is
• 2:32
  Speaker 2: going to get more and more pressure? This also plays
• 2:36
  Speaker 2: into how the economic frame starts to play into this.
• 2:40
  Speaker 2: Look at this surging gas price now is fueling employee pushback.
• 2:44
  Speaker 2: This is against return to office mandates. Even though it's
• 2:47
  Speaker 2: not completely similar to what happened in twenty twenty one.
• 2:50
  Speaker 2: The fact that I think the fear is there of
• 2:53
  Speaker 2: people saying, hey, the cost of gas going up to
• 2:56
  Speaker 2: five bucks a gallon like it did during the Ukraine War.
• 2:59
  Speaker 2: This is a real deal, and I think this is
• 3:02
  Speaker 2: a factor that people need to play into. Is because
• 3:04
  Speaker 2: remember a lot of this is built on market sentiment,
• 3:08
  Speaker 2: how people are feeling about the economy, and right now
• 3:11
  Speaker 2: people are not feeling good about the economy, and that
• 3:14
  Speaker 2: means one thing. It means we are going to continue
• 3:16
  Speaker 2: to see pain. One of the things that's going to
• 3:18
  Speaker 2: cause that pain is what's happening in the straits. When
• 3:21
  Speaker 2: you look at this sweet by the COBC letter, which
• 3:24
  Speaker 2: by the way, big shout out to them. They're doing
• 3:25
  Speaker 2: a great job on covering this. They're looking at Bow Straits,
• 3:28
  Speaker 2: the Hormuz Straight And then let me bring up this
• 3:30
  Speaker 2: image because this is very significant. The Strait of Hormuz
• 3:35
  Speaker 2: and the strait of the Bob al Mandab Strait. These
• 3:39
  Speaker 2: are the two choke points that you have in the
• 3:41
  Speaker 2: Middle East. One both are on each side of Saudi Arabia.
• 3:45
  Speaker 2: Saudi Arabia has a big pipeline. They're shuttling fuel and
• 3:49
  Speaker 2: oil over to the other coast, but that coast still
• 3:51
  Speaker 2: has to go through this one. Between these two you
• 3:54
  Speaker 2: have the number one and the number four choke point
• 3:58
  Speaker 2: via supply setting up right now in what's going on
• 4:03
  Speaker 2: with this conflict, and this is going to get more
• 4:06
  Speaker 2: pain if we don't get out of there. If you
• 4:08
  Speaker 2: look at the tracker right now, the cost tracker is
• 4:11
  Speaker 2: getting significant right there, twenty one billion and we're starting
• 4:15
  Speaker 2: to lose more Americans. I think this is going to
• 4:18
  Speaker 2: be the biggest issue right there. How many service members
• 4:21
  Speaker 2: we continue to lose. This is the problem I think
• 4:23
  Speaker 2: Trump is going to face.
• 4:25
  Speaker 1: He's got to get out of there.
• 4:26
  Speaker 2: The off ramp has to start, and it has to
• 4:29
  Speaker 2: start now. So I want to go to a clip
• 4:31
  Speaker 2: real quick because this will get into the frame of
• 4:34
  Speaker 2: why this market is where it is. Here's a clip
• 4:37
  Speaker 2: here that talks about this could be the worst month yet.
• 4:40
  Speaker 1: Take a look.
• 4:41
  Speaker 3: Are you more bearish after the weekend's events, the commentary around.
• 4:44
  Speaker 4: The Middle East?
• 4:46
  Speaker 3: I am probably more bearished. I'm feeling pretty negative on Friday.
• 4:49
  Speaker 3: I'm feeling pretty negative again today. I mean the MSCI
• 4:53
  Speaker 3: i'll country World indexes heading for its worst month since
• 4:56
  Speaker 3: September twenty twenty three, worst month than almost three years.
• 4:59
  Speaker 3: I still don't think that fallen enough. The stocks keep
• 5:01
  Speaker 3: on falling, but in this jagged fashion, they keep on
• 5:03
  Speaker 3: bouncing back impressively in the European morning, and then kind
• 5:06
  Speaker 3: of heading lower later on as we realize there's no
• 5:09
  Speaker 3: kind of salvation yet. So I think it looks very poor,
• 5:13
  Speaker 3: and it goes back to your kind of initial question though, Lizzie,
• 5:16
  Speaker 3: you know, how are markets reading the fact that countries
• 5:19
  Speaker 3: aren't forthcoming for providing support for the stret up romos.
• 5:22
  Speaker 3: I think everyone knows that most of the world, barring
• 5:26
  Speaker 3: probably Russia and Iran, want the Strait to be open again,
• 5:30
  Speaker 3: and therefore people would like to help. But what is
• 5:32
  Speaker 3: the goal here? I mean, you know, Bloomberg had a
• 5:34
  Speaker 3: story out of the weekend saying people are a bit
• 5:35
  Speaker 3: confused what Trump's goals are. It isn't clear the US
• 5:39
  Speaker 3: administration knows what their goals are, so you know, at
• 5:42
  Speaker 3: the moment, all this does is highlight the fact that
• 5:44
  Speaker 3: there's no easy resolution in sight, and that's why I
• 5:47
  Speaker 3: think stocks need to price materially lower still, all.
• 5:52
  Speaker 2: Right, So the thing that I think sets off the
• 5:54
  Speaker 2: market the most right now is the uncertainty, and that's
• 5:59
  Speaker 2: kind of what I think that Trump administration has been
• 6:02
  Speaker 2: able to dictate. Is uncertainty is for sure the one
• 6:06
  Speaker 2: cornerstone that is happening. And when you think about uncertainty,
• 6:10
  Speaker 2: you have to look at some of the other things
• 6:11
  Speaker 2: that are happening just here in the United States. One
• 6:14
  Speaker 2: of course, is getting to where we have the US
• 6:17
  Speaker 2: airline CEOs asking Congress to restore funding to homeland security.
• 6:21
  Speaker 2: This all talking about TSA. I don't know if you
• 6:23
  Speaker 2: guys have been trying to fly here recently. It's a
• 6:25
  Speaker 2: big problem right now. It has become more of a
• 6:28
  Speaker 2: stopgap that we're dealing with now with US travel. This
• 6:31
  Speaker 2: is only more narratives that are not good I think
• 6:35
  Speaker 2: for President Trump and the current administration of where things
• 6:38
  Speaker 2: are going s and P all time high by many
• 6:42
  Speaker 2: people saying March sari first, not a chance. It was
• 6:45
  Speaker 2: up here into February at seventy eight percent. Guys, it
• 6:50
  Speaker 2: is March sixteenth, and it has plummeted to fourteen percent.
• 6:55
  Speaker 2: That's right, plummeted from sixty plus almost seventy percent to
• 7:00
  Speaker 2: fourteen percent. Think about that right there. That is loss
• 7:03
  Speaker 2: of confidence in the market. And I think Cudmore is right.
• 7:07
  Speaker 2: It is a scenario around instability, the market instability, and
• 7:13
  Speaker 2: then what we're dealing with on a global standpoint right now.
• 7:16
  Speaker 1: So it's getting.
• 7:16
  Speaker 2: Worse and worse. One thing it is not getting worse
• 7:19
  Speaker 2: for right now is crypto. Crypto because many people kind
• 7:22
  Speaker 2: of thought, hey, crypto is the one place where we
• 7:25
  Speaker 2: could see rotation, and if you look at gold starting
• 7:29
  Speaker 2: to fall has been over the last ten days. You
• 7:31
  Speaker 2: look at the S and P five hundred, we're starting
• 7:33
  Speaker 2: to see rotation coming out. You look even at money
• 7:36
  Speaker 2: markets and ETFs other than inflowsd to ETFs on Bitcoin
• 7:41
  Speaker 2: and ether. But the key here is right now we've
• 7:44
  Speaker 2: got all of this setting up to where we're seeing
• 7:46
  Speaker 2: a rotation into possibly bitcoin eth. And as we're recording
• 7:50
  Speaker 2: right now, Bitcoin is well above seventy four k again
• 7:53
  Speaker 2: with Eth hitting twenty three hundred, one of the largest
• 7:56
  Speaker 2: points hit. As I said earlier, other thing is you
• 7:59
  Speaker 2: got to look at as the coin chart right here,
• 8:01
  Speaker 2: this is on the fear.
• 8:02
  Speaker 1: And Greed index.
• 8:03
  Speaker 2: But if you look at all coins starting to move
• 8:05
  Speaker 2: quickly about a season that actually could be brewing. If
• 8:09
  Speaker 2: you look at the fear and greed, look at this
• 8:11
  Speaker 2: spike right here. That's a spike that we have seen
• 8:15
  Speaker 2: since the seventh of February, which is when we were
• 8:18
  Speaker 2: in the doldrums, hovering at about ten now coming in
• 8:22
  Speaker 2: at forty three. This is the largest spike since Liberation Day.
• 8:27
  Speaker 2: And part of this is what we're seeing around US investors.
• 8:31
  Speaker 2: Bitcoin of course zooming up to seventy four k. Another
• 8:34
  Speaker 2: seventy ninety three million of an ETF inflows. The other
• 8:36
  Speaker 2: thing you're going to look at right here is the
• 8:39
  Speaker 2: fact that we're seeing this all around US investors.
• 8:42
  Speaker 1: And I think one thing if.
• 8:43
  Speaker 2: You consider that this is positive, I think for crypto
• 8:47
  Speaker 2: markets in general, I'm curious how the global market is
• 8:50
  Speaker 2: going to curtail behind this or do they And do
• 8:53
  Speaker 2: we get more of a move here in actuality, possibly
• 8:56
  Speaker 2: a shift in the market completely into bitcoin, which is
• 9:00
  Speaker 2: really where it's been going. We did poll real quick,
• 9:03
  Speaker 2: given the macro backdrop, war, oil spike of spike and
• 9:06
  Speaker 2: then of course weak stocks.
• 9:07
  Speaker 1: Will Bitcoin hit the eighty k mark right now?
• 9:10
  Speaker 2: It is leading at thirty four percent, Yes, but there
• 9:15
  Speaker 2: is still a strong contingent that says no, it's not
• 9:18
  Speaker 2: going to hit eighty k. So let me know what
• 9:19
  Speaker 2: you guys think. Hit some comments down below, just put
• 9:22
  Speaker 2: bitcoin eighty k or bitcoin wherever you think.
• 9:27
  Speaker 1: Let me know. We'll get into that.
• 9:29
  Speaker 2: One other thing you to look at is the Clarity Act,
• 9:31
  Speaker 2: And this, of course is a little bit more promising
• 9:33
  Speaker 2: because you're starting to see the movement right here from
• 9:36
  Speaker 2: that fifty six percent low popping up to sixty one.
• 9:39
  Speaker 1: So a nice move up.
• 9:41
  Speaker 2: Many people speculating that there is a deal on the
• 9:44
  Speaker 2: table that might end up getting this across the line.
• 9:47
  Speaker 2: Let's jump over to a tweet real quick, let me
• 9:49
  Speaker 2: or actually a post here by eleanor One thing that
• 9:52
  Speaker 2: is for sure is the Senate Making Committee. This is
• 9:55
  Speaker 2: going to be Tim Scott. He's going to be attending
• 9:57
  Speaker 2: the event there in DC this week and he's going
• 10:01
  Speaker 2: to be asked the big question here, which is when
• 10:04
  Speaker 2: the committee is going to hold the next markup. For
• 10:06
  Speaker 2: him to know that, he's got to understand that negotiations
• 10:09
  Speaker 2: are well underway. Cody Carbona in the same article believes
• 10:12
  Speaker 2: negotiations between the crypto industry and banks are nearing a
• 10:16
  Speaker 2: conclusion and could happen.
• 10:17
  Speaker 1: As early as this week.
• 10:19
  Speaker 2: So this is what I'm hearing from some of my
• 10:21
  Speaker 2: DC contacts, is that there is a potential concession being
• 10:26
  Speaker 2: worked out, So be on the lookout for that, guys.
• 10:29
  Speaker 1: That is where we are.
• 10:31
  Speaker 2: Black Rock, of course, is starting to move heavily into
• 10:33
  Speaker 2: eth staking and if you look at one of the
• 10:36
  Speaker 2: key things here, the ethereum ETF already the third fastest
• 10:40
  Speaker 2: ETF in history to ten billion. And this is all
• 10:43
  Speaker 2: building around some new elements around institutional investors are going
• 10:48
  Speaker 2: to absolutely start to move this market. I think these
• 10:51
  Speaker 2: are the key things, especially for eth that could really
• 10:54
  Speaker 2: break it out. One thing that is of note here
• 10:56
  Speaker 2: is that World Liberty Finance, which has USD one, is
• 11:00
  Speaker 2: now looking at incentives on USD one that passed with
• 11:04
  Speaker 2: the ninety ine point one percent approval, So they are
• 11:06
  Speaker 2: going to be four yields. So that could be drawing
• 11:10
  Speaker 2: the line right now in the Clarity conversion of do we.
• 11:13
  Speaker 1: Get yields do we not get yields?
• 11:15
  Speaker 2: Is it going to be an active or a passive
• 11:17
  Speaker 2: situation that's coming out of the Clarity Act negotiations.
• 11:20
  Speaker 1: I think that is going to be huge. If you
• 11:22
  Speaker 1: look at.
• 11:22
  Speaker 2: The market, though this is on DeFi Lama, you'll notice
• 11:26
  Speaker 2: that staplecoin has been moving up and up and up
• 11:29
  Speaker 2: and up in terms of total value total market gap.
• 11:32
  Speaker 2: But what's happening here even though we're not seeing continued rise,
• 11:37
  Speaker 2: think about this, Bitcoin is seventy four ethereum at twenty
• 11:41
  Speaker 2: three up twelve percent, respectively, and yet at the same
• 11:46
  Speaker 2: time we're seeing kind of a flat move right here.
• 11:48
  Speaker 2: That means new money, new money coming into the market
• 11:52
  Speaker 2: and that is a good sign for crypto.
• 11:55
  Speaker 1: I want to get into.
• 11:55
  Speaker 2: A couple of clips here, and the first one, which
• 12:00
  Speaker 2: would I think cause new money and old money to
• 12:03
  Speaker 2: get in the market faster, is how does Trump navigate
• 12:07
  Speaker 2: the mid terms. Here's a clip of Anthony Scaramucci talking
• 12:11
  Speaker 2: about that.
• 12:11
  Speaker 1: Take a look.
• 12:12
  Speaker 5: He does not want to go into the mid terms
• 12:15
  Speaker 5: with a ground war. It's pulling at twelve percent. This
• 12:18
  Speaker 5: is the worst polling war, below Korea, below all the
• 12:21
  Speaker 5: other wars. He's already signaled that to his friends and
• 12:24
  Speaker 5: the golf And the one thing that I want to
• 12:26
  Speaker 5: address here is Trump likes money, and he gets money
• 12:30
  Speaker 5: from the Israeli donors. He gets money from Sheldon Nagelson's widow,
• 12:35
  Speaker 5: and he's getting a lot of money from the golf States.
• 12:38
  Speaker 5: In terms of these real estate deals that his kids
• 12:40
  Speaker 5: keep announcing. He's got four billion dollars that he's made
• 12:44
  Speaker 5: so far in the first term, you know, the PIF,
• 12:47
  Speaker 5: and he doesn't want that pulled away from him. And
• 12:50
  Speaker 5: whether you got whether Trump supporters that listen to your
• 12:53
  Speaker 5: so like it or not. He's motivated by money, He's
• 12:56
  Speaker 5: motivated by attention, and I think those two things are.
• 12:58
  Speaker 6: Going to and let's get the point though, it's pull
• 13:01
  Speaker 6: them out of the company.
• 13:01
  Speaker 7: If you think legacy is number one at this point
• 13:03
  Speaker 7: in life, okay, you don't think legacies, no, I think extra.
• 13:06
  Speaker 6: Billion dollars is more than the legacy when you're worth
• 13:08
  Speaker 6: five billion. But if legacy is number one.
• 13:10
  Speaker 5: You see now you're thinking like you know, thinking like jump.
• 13:12
  Speaker 6: Do you think he wants to be remember as the greatest
• 13:14
  Speaker 6: president that did all these things?
• 13:15
  Speaker 1: I think it's secondary. I think the three I think
• 13:17
  Speaker 1: the three.
• 13:18
  Speaker 5: Things are money, attention, he's got to have us talking
• 13:22
  Speaker 5: about him. And then the third thing is if I
• 13:24
  Speaker 5: generally do a good job, as long as it keeps
• 13:27
  Speaker 5: inside the ambit of my self interest, then that's fine.
• 13:32
  Speaker 1: All right.
• 13:32
  Speaker 2: So whether you agree with that or not, you have
• 13:36
  Speaker 2: to agree with the data because the data, now polling
• 13:39
  Speaker 2: data as well as what's happening on poly market and
• 13:43
  Speaker 2: poly market has been very accurate.
• 13:45
  Speaker 1: When it comes to the political spectrum. Look at this
• 13:49
  Speaker 1: move here.
• 13:49
  Speaker 2: Obviously we saw this around what happened with Ice, but
• 13:53
  Speaker 2: you consistently see a movement here. All of this, I
• 13:57
  Speaker 2: think is economic, economic, jobs issues like that until we
• 14:02
  Speaker 2: get into the war, and then boom. You've got the war,
• 14:06
  Speaker 2: the economy, you've got ice, You've got all these issues
• 14:09
  Speaker 2: coming to a head at once, and you have a
• 14:12
  Speaker 2: flipping occurring right here.
• 14:14
  Speaker 1: The Republican Party is now this. We did show this last.
• 14:17
  Speaker 2: Week and the Republican Party was right here at about
• 14:21
  Speaker 2: sixty percent. That means just in a short period time
• 14:24
  Speaker 2: since February the twenty seventh to the sixteenth of March,
• 14:28
  Speaker 2: they have lost twenty percent in probability of getting back in.
• 14:34
  Speaker 2: And this is a problem for the Senate, especially because
• 14:37
  Speaker 2: it does mean that Trump loses the Senate, he becomes
• 14:41
  Speaker 2: a lame duck president, and this becomes a major factor
• 14:44
  Speaker 2: and meeting people say, though, hey, markets have always performed,
• 14:47
  Speaker 2: especially crypto markets have always performed well in lame duck presidencies.
• 14:51
  Speaker 2: We've seen it before. What do you guys think Do
• 14:54
  Speaker 2: you think we're there? I want to play another clip
• 14:56
  Speaker 2: because Scaramuci went on to some key thing that other
• 15:01
  Speaker 2: countries think about President Trump.
• 15:03
  Speaker 1: Take a look, Anthony, you really think Russia, Iran, and
• 15:06
  Speaker 1: China would prefer a Trump president.
• 15:09
  Speaker 5: Let me answer it with a question. Has China, by
• 15:13
  Speaker 5: our adversaries and our allies, been perceived as being a
• 15:18
  Speaker 5: more stable trading partner than the United States under Donald
• 15:22
  Speaker 5: Trump too, yes.
• 15:23
  Speaker 1: Or no, you didn't answer my question, though, well I.
• 15:25
  Speaker 5: Did answer it because China is doing way better with
• 15:28
  Speaker 5: Trump as president, way better as and if they want
• 15:32
  Speaker 5: to take Taiwan, Trump has given them ample license.
• 15:36
  Speaker 6: To do that.
• 15:36
  Speaker 5: But trust me, the minute that they have the military
• 15:39
  Speaker 5: capability of doing that, they want to do that. But
• 15:41
  Speaker 5: the Chinese are doing way better in the global economy.
• 15:45
  Speaker 6: They are.
• 15:48
  Speaker 4: All right.
• 15:48
  Speaker 2: So I'm kind of on the fence with this because
• 15:52
  Speaker 2: I think that China has well, their economies have been challenged.
• 15:57
  Speaker 2: I think if you look at the amount of unemployment
• 15:58
  Speaker 2: that's going on in China. But he is right, Scaramucci
• 16:01
  Speaker 2: is right, is that it has opened up markets for them. Granted,
• 16:06
  Speaker 2: the United States is still their number one market, but
• 16:08
  Speaker 2: it has opened up other markets.
• 16:10
  Speaker 1: So if they were to.
• 16:11
  Speaker 2: Regain the United States, and it might just be a
• 16:14
  Speaker 2: waiting game, waiting until Trump's out of office, regain the
• 16:17
  Speaker 2: United States, keep all of that additional market growth that
• 16:20
  Speaker 2: they got. That is what's happening right now. And I
• 16:23
  Speaker 2: think Scaramuchi's kind of right on this. But at the
• 16:27
  Speaker 2: same time, this could also go sour on China very quickly.
• 16:30
  Speaker 2: All of that is dependent on how Trump deals with
• 16:33
  Speaker 2: what's going on in Iram. The fact that he has
• 16:36
  Speaker 2: so many of these special meetings occurring though, is very
• 16:39
  Speaker 2: very key.
• 16:41
  Speaker 1: One problem.
• 16:42
  Speaker 2: If you look at Takeiichi right here, this is the
• 16:45
  Speaker 2: Japanese Prime minister. She has been showing right here there
• 16:48
  Speaker 2: she's not feeling well. And this is a concern because
• 16:51
  Speaker 2: Trump's summit with Japan was set up to start and
• 16:56
  Speaker 2: if she could.
• 16:58
  Speaker 1: We end up getting delayed on that.
• 17:00
  Speaker 2: Not only that, you've got the issue of Trump possibly
• 17:03
  Speaker 2: getting delayed here on a summit with Ji.
• 17:07
  Speaker 1: Take a look at this clip.
• 17:09
  Speaker 4: Yes, there's been a lot of speculation when the Iran
• 17:11
  Speaker 4: warfares broke out whether that summit will be derailed. And
• 17:14
  Speaker 4: this is the first time we're hearing from President Trump
• 17:16
  Speaker 4: that he might delay the summit. And the precondition here
• 17:18
  Speaker 4: is that China contributes to keeping the Strait of Hormus
• 17:22
  Speaker 4: open and send warships to that area. But if you
• 17:25
  Speaker 4: just read the state linked to media reports so far,
• 17:28
  Speaker 4: China views the root cause of the conflict as the
• 17:31
  Speaker 4: US and Israel attacks on Iran, and they view this
• 17:35
  Speaker 4: move by President Trump essentially as dragging other countries in
• 17:38
  Speaker 4: a war that it started, and so far China stands
• 17:42
  Speaker 4: on Iran has been no more than rhetorical support, right,
• 17:45
  Speaker 4: And it's very unlikely. At least in the past, China
• 17:47
  Speaker 4: has been quite unwilling to put woods on the ground
• 17:51
  Speaker 4: and put military backing in a conflict that is far
• 17:54
  Speaker 4: away from home. So it's not clear how willing they
• 17:57
  Speaker 4: are to really accede to President Trump's requests. But weeks
• 18:00
  Speaker 4: is a long time, and maybe there could be some
• 18:02
  Speaker 4: sort of saving gesture in a lead up to the summit,
• 18:05
  Speaker 4: and potentially it could still happen. It's really hot to
• 18:06
  Speaker 4: stay at this point.
• 18:08
  Speaker 1: All right.
• 18:09
  Speaker 2: I don't know if it's going to happen, but I
• 18:12
  Speaker 2: don't think it will. I think China and Russia both
• 18:14
  Speaker 2: are in a position where they can probably sit and
• 18:16
  Speaker 2: watch how this turns out. Could they get poor forced
• 18:19
  Speaker 2: into it? Sure, I mean, just the supply situation could
• 18:22
  Speaker 2: get dire if you look at some of the.
• 18:24
  Speaker 1: Reserves that are out there globally, But that.
• 18:26
  Speaker 2: Would be some time that would have to occur. I
• 18:30
  Speaker 2: don't think Trump has that much time for him to
• 18:32
  Speaker 2: be able to rotate this in Bessant even goes on
• 18:35
  Speaker 2: to talk about this. He talks about the fact that
• 18:37
  Speaker 2: China's trade deal is not going to be because of
• 18:41
  Speaker 2: the straight ofh horror moves.
• 18:42
  Speaker 1: Take a look, and.
• 18:44
  Speaker 7: There's a false narrative out there that if the meetings
• 18:47
  Speaker 7: are delayed, it wouldn't be delayed because the Presidence demanded
• 18:51
  Speaker 7: that China police the strengths of promotes. It would be
• 18:55
  Speaker 7: because it was a report to that effent this morning.
• 18:57
  Speaker 7: That's completely false. So if the meeting for some reason
• 19:02
  Speaker 7: is rescheduled, it would be rescheduled because of logistics. The
• 19:06
  Speaker 7: President wants to remain the NDC to coordinate the war effort.
• 19:10
  Speaker 2: One other factor when you listen to what Best said
• 19:13
  Speaker 2: is Trump's got to do some things.
• 19:15
  Speaker 1: You know, he's dealing with the war. And I get it.
• 19:17
  Speaker 2: That's that's a fair, you know assessment. But the fact
• 19:21
  Speaker 2: that you are meeting was Gigi Pink. This would be
• 19:24
  Speaker 2: like a putin meeting. These don't come very often, so
• 19:27
  Speaker 2: Trump has an opportunity. Here's the polymarket on this. All
• 19:31
  Speaker 2: of a sudden, this was March fifteenth, yesterday, it's at
• 19:35
  Speaker 2: ninety percent ninety percent. The only thing major that occurred
• 19:40
  Speaker 2: was maybe the Car idea where they're going to go
• 19:44
  Speaker 2: in and put troops in the car to try to
• 19:46
  Speaker 2: control production. Maybe, or maybe it was the NATO thing
• 19:50
  Speaker 2: where Trump was asking NATO come in and nobody's you know,
• 19:53
  Speaker 2: ringing the bell. But it dropped from in on polymarket
• 19:57
  Speaker 2: from ninety percent to sixty three percent in twelve hours.
• 20:02
  Speaker 2: Another thing that this leads into is tariffs, because this,
• 20:05
  Speaker 2: of course is a huge factor in global trade, China
• 20:08
  Speaker 2: being one of the biggest players out there. This is
• 20:10
  Speaker 2: why it has to happen. This is a must go
• 20:13
  Speaker 2: to meeting. I don't get why we're down at sixty
• 20:15
  Speaker 2: three percent. Chance right now, something else is brewing here,
• 20:19
  Speaker 2: and it could be all of what's happening there, well,
• 20:21
  Speaker 2: most likely all of what's happening in Iran and China
• 20:24
  Speaker 2: wants to step back a bit. Other things that are
• 20:26
  Speaker 2: happening this week that could continue to put some pressure
• 20:29
  Speaker 2: on the market. You got the US market opens after
• 20:32
  Speaker 2: the Iran's car gu Island strike, which is maybe the
• 20:35
  Speaker 2: one that caused this. And then you've got the ADP
• 20:38
  Speaker 2: employment change that I'm concerned with because I think employment's
• 20:42
  Speaker 2: going to continue to be down. PPI Core PPI comes out,
• 20:45
  Speaker 2: and then also on the eighteenth we'll get a FORMC meeting,
• 20:48
  Speaker 2: so we'll probably do that one live for you guys.
• 20:50
  Speaker 2: We always like to cover chare pal and this is
• 20:53
  Speaker 2: going to be a big one because it will give
• 20:55
  Speaker 2: us the indicator. Remember this is March. I think this
• 20:57
  Speaker 2: might be his last one before he gets ousted. But
• 21:01
  Speaker 2: he's going to give us an indicator on what he
• 21:04
  Speaker 2: feels inflation is doing after he's taking it in the
• 21:07
  Speaker 2: chops when it comes to jobs. So we're gonna be
• 21:10
  Speaker 2: watching that one very very closely. It'll be a factor
• 21:13
  Speaker 2: for sure. Another thing, of course Powell related, is that
• 21:17
  Speaker 2: the judge has now blocked the subpoena against the Fed
• 21:20
  Speaker 2: Chair and the Doga is of course set to appeal this.
• 21:25
  Speaker 2: This was bad news for the DOJ, good news for
• 21:28
  Speaker 2: Chair of Pale. Maybe you'll feel good and say, hey,
• 21:30
  Speaker 2: maybe I'm gonna do some red cuts here. But I
• 21:32
  Speaker 2: got a clip for you to kind of sum it up.
• 21:34
  Speaker 8: Take a look, Jerome Powell today is now bathed in immunity.
• 21:40
  Speaker 8: This judge is shockingly requiring the government to show something
• 21:46
  Speaker 8: a chin to probable cause, and those are his words.
• 21:51
  Speaker 8: It doesn't matter where a case comes from. I can
• 21:54
  Speaker 8: have a suspicion, I can read the newspaper. I can
• 21:58
  Speaker 8: just want to make sure he didn't commit a crime,
• 22:01
  Speaker 8: so don't make the judges wrong on his dates. And
• 22:04
  Speaker 8: I can do so when I can merely on the
• 22:08
  Speaker 8: suspicion that the law is being violated. So what is
• 22:13
  Speaker 8: the law? What is the law? He is wrong? That's
• 22:18
  Speaker 8: why we're not only appealing, we're making a motion to reconsider.
• 22:22
  Speaker 8: Next question, insurance that the investigation into power?
• 22:25
  Speaker 7: Has this has ended it?
• 22:27
  Speaker 6: Are you willing to conceive?
• 22:28
  Speaker 8: Did you hear what I just said? Oh?
• 22:31
  Speaker 3: Cut it out?
• 22:32
  Speaker 8: Do you know how many convictions we've got cut it out?
• 22:35
  Speaker 1: Yeah?
• 22:35
  Speaker 8: Historic? Really, I'll deal with the devil if you can
• 22:39
  Speaker 8: give me information that will lead me to possibly find
• 22:44
  Speaker 8: a crime. Thank you well.
• 22:48
  Speaker 4: US Attorney Janine Pirot very spitting angry.
• 22:54
  Speaker 2: Yeah, I would call that a meltdown a little bit there.
• 22:56
  Speaker 2: But where does the crime come from? Interesting? Trying to
• 23:00
  Speaker 2: fit a person to the crime or a crime to
• 23:02
  Speaker 2: the person. Not sure, but what I can say, not
• 23:05
  Speaker 2: a good look for the DOJ. Hopefully things are gonna
• 23:08
  Speaker 2: get better, guys, but this week will be interesting.
• 23:10
  Speaker 1: Stay tuned.
• 23:18
  Speaker 2: If you like this video, like and subscribe, drop a
• 23:20
  Speaker 2: comment down below, and also join our free private member group.
• 23:24
  Speaker 6: The link is in the description