WHAT TRUMP *JUST* SAID | *Big Warning*, Putin, Tariffs, Crime

Donald Trump just gave us a huge

breakdown on a lot of different things.

Russia, Ukraine, what's going on in DC,

and I'm going to give you a complete

breakdown of everything that you need to

know. Quick note, Tesla rallying really

nicely today. Up 4.75%

at the time of this recording, pretty

much straight up all day long. And I

have to say this was our call in the

alpha report this morning. This morning

we were trading in the low 330s and I

said to course members, folks, we're

going to 347 within the next 48 hours.

We skyrocketed at the open and we've

been up all day so far today. Couple

reasons for that. That's really a topic

for a different video. But if you want

those alpha reports, make sure you join

at meet.com.

Use coupon code JHole in honor of

Jackson Hole coming up. Okay. So, what

did Donald Trump just say? Russia,

Ukraine, DC, uh, as well as some

comments on marijuana, which could

potentially be a hit for marijuana

stocks. Not in the way, uh, you would

potentially think. Uh, well, let's go

through all of it. So, uh, first, Donald

Trump, uh, talks about rescuing the

nation's capital. Basically, liberation

day in DC. We already talked about the

deploying of the National Guard. His

reason for that is he says the DC murder

rate is higher than that of Bogota,

Colombia or Mexico City. Bogota has a

murder rate of about 14 per 100,000.

Mexico City only about eight per 100,000

of course when I say only obviously

eight is still a lot of dead people but

anyway DC in 2024 at 27.3 which is more

than three times as much as Mexico City

and nearly double Bogotaa's uh rate.

Now, Donald Trump cited 41 out of

100,000. I think what they're doing is

they're extrapolating the first half of

2025. Uh, and then doubling it. Uh, and

that's how they're getting to their 41

out of 100,000. Donald Trump says,

"We're doing emergency curfews. We're

getting rid of the slums. We are going

to get rid of the homeless situation. We

are declaring a public safety emergency.

And Pam Bondi is going to take over the

Metropolitan Police Department." Uh

Donald Trump says that America shouldn't

be dirty, graffitied, and people should

not get mugged and certainly not in the

nation's capital. He also says that we

should have fixed potholes, medians,

roads. We are going to do it and we're

going to do it right and we're going to

do it quickly. We're not going to let

permits get in the way. We are going to

do it. Now, this is very uh Trumpy and

there are a few things to know here.

One, uh consider countries like Japan,

for example. I just visited Japan for 10

days. I have to say for the lack of

trash cans that they have in public,

what a clean country. I mean, the ground

is clean. The railings are clean.

There's hand sanitizer filled

everywhere. Not like empty sanitizer

stations. Like, there's actually hand

sanitizer everywhere. It's very, very

clean. Every escalator staircase feels

very clean. Soon as we get back to Los

Angeles, I've got my seven and nine year

olds going, "Oh my gosh, these

escalators are gross." Going into LA,

uh, LAX, Los Angeles International

Airport, it's like, "Welcome to

America." It's all like 1970s yellow and

gross and and they don't really want to

touch it and hand sanitizer stations are

empty. But anyway, this is where Donald

Trump is saying, "Hey, we we want to

beautify America's capital. We don't

want dirty. We don't want graffiti. We

want uh actual clean and safe capital.

I'm actually a big fan of that. I'm a

big fan of investing into making our

country beautiful. It's the greatest

country in the world and should be. Now,

when it comes to this talk about

marijuana, I what was really interesting

here is Donald Trump in questioning was

asked about, hey, uh, you know, what's

your take on potential marijuana

restrictions on a federal basis? Because

remember there's been so much talk about

legal marijuana and also so much action

by states on legal marijuana. And Donald

Trump says, you know, I've heard great

things uh great things about medical,

other things not so much. This is

somewhat implying that there could be

some changes coming for uh marijuana in

terms of recreational use for marijuana.

that is potentially legalizing federally

marijuana for medical purposes but not

for recreational purposes and

potentially having more restrictions for

recreational p purposes which could have

some impacts for some of those marijuana

stocks. Something to pay attention to

and this is a clear signal from the

Trump administration here. Now something

else to know about Donald Trump when it

comes to permits. Uh in the Wall Street

Journal actually had a great uh article

on this uh on Donald Trump and state

capitalism. uh they said that Donald

Trump really runs uh the United States,

kind of much like China runs China. Uh

and as much as everybody kind of thought

over history that China would end up

trying to become like the United States

in the future, whereas China becomes

sort of a free market capitalistic

country. Instead, it looks like China is

well, the United States is more modeling

after China uh by, for example,

demanding the resignation of the Intel

CEO, demanding golden shares, uh such as

in the Nepon Steel takeover, uh

demanding that Donald Trump is able to

direct 1.5 trillion, quote unquote,

countries dispute how much of this is

actually going to get invested, but

Donald Trump demands the right to direct

where those investments are going to go.

And so they call this sort of this

hybrid between socialism and capitalism.

And really it it's a way of blowing past

sort of some of that regulation and

lawyerliness,

uh, says the Wall Street Journal, which

is exactly what you just saw Donald

Trump say. Donald Trump just said, "Hey,

like we're not going to, you know, worry

about some designer worried about

permits for fixing the medians. We're

just going to fix it. We're going to do

it right and we're just going to do it."

Uh and in in fairness like that is one

of the things that has become very

annoying in the United States. The

lawyerliness that slows or blocks down

building or housing construction or

actually advancing the country. It's one

of the reasons why China is able to

advance so quickly when it comes to

building. The problem with this is when

a state dictates building, you tend to

lessen growth. Uh, for example, uh, when

China directed real estate investments,

what happened? You ended up with a

massive real estate crash. When China

directed manufacturing investments, what

happened? You ended up with a massive

manufacturing crash because you

oversupplied and you did so poorly. Uh,

and you didn't let the free market guide

investments. Instead, you directed uh,

in an inefficient manner capital

allocation which led to slower growth or

a crash. If you look at other sort of

crony policy states, you could look at

uh countries like Brazil, Russia or

France, all of them experiencing

significantly slower growth over the

long term than the United States where

we generally let the free market dictate

uh investments. This is why government

directed initiatives like the Foxcon

facility or the Tesla Buffalo solar

facility uh have all sort of failed in

uh you know state directed investment uh

for actually growing or creating growth.

This is likely because the free market

is generally a much better allocator.

You know, look, for example, at if we

had a free market for cars, which we

don't because we've got auto unions and

manufacturers that really desire

protectionist policies like tariffs and

that, uh, we probably would all have

substantially more vehicle choice and

substantially cheaper vehicle choice,

which I personally sort of compare to

like the potential that we would all be

getting annual stimulus checks if it

weren't for car tariffs or car

restrictions. This is a complicated

argument. It's basically the argument

that cars would be so much cheaper if we

just allowed the free market to regulate

cars that it would be much like every

American family getting an extra $2,000

a year uh because they wouldn't be

spending all of this wasteful money on

expensive cars because we'd have a lot

more choice. That's when the free market

dictates, right? But unions and

protectionists policies which other

countries do as well like the EU or even

countries within the European Union or

otherwise uh we have more expensive

vehicles as a result. But anyway, Donald

Trump going back to sort of this uh this

idea of sort of bulldozing some of these

lawyerly policies. Uh again makes it

clear that Pam Bondi is going to take

control of the Metropolitan Police

Department. He says we will bring in the

military if needed. This is a pretty uh

blunt statement there. He also says

we're going to be removing homeless camp

encampments. We are going to make this

one of the safest places in the country

and we will do this to other cities as

well if we need to. Uh he directly

mentioned Chicago as one. Uh directly

mentioned obviously LA which has already

been done. Uh and we'll also be looking

at New York City, which is also uh a

direct sort of heads up and warning.

Though he does say this in a way of,

hey, hopefully these cities will start

regulating themselves and then we won't

need to. Now, regarding Russia and uh

his meeting with Putin, Donald Trump

says he's going to speak with the

European delegations as well as Zalinski

before going into the m meeting with

Putin, but that this will be a meeting

with Putin alone and not with Sinsky. So

that way Trump can go into the meeting

with everybody's information and then

determine whether or not a deal can be

made. Donald Trump does say that there's

going to be a lot of land swapping going

on, which will be good for Ukraine, but

also bad for Ukraine, but it'll also be

good for Russia and also bad for Russia.

Donald Trump wants to get Russia to be

focused on positive trade versus just a

wartime economy, and he thinks he can

negotiate with that uh sort of thesis at

least. Uh he says there will be land

swapping though and we're going to try

to get some prime property back or land

back for Ukraine given that Ukraine has

lost so much land. It seems like Donald

Trump is pretty convinced that uh

Ukraine has already lost land so they

may as well just kind of like negotiate

some of it back. Uh this is a current

map of where we stand. You could see

these eastern regions here. Uh this

Crimea had already been taken. Uh but uh

you could see this spread here towards

the nepro uh by Russia and uh Russia

pretty much wants all of this and of

course Zinsky wants to give up zero of

it. So finding that compromise is going

to be a challenge and Donald Trump says

that he's going to work on exactly that.

Europeans are somewhat freaking out that

Donald Trump is going to make a deal

without them. Uh and this is why they

are stressing meeting Donald Trump first

before that Friday meeting between Trump

and uh Putin on uh in Alaska. And uh

Europe also says that their red lines

include stressing that a ceasefire must

be the first step in the deal and that

any territorial exchanges must be

reciprocal based on current front lines

and a long-term security guarantee. So

in other words, uh even the Europeans

are recognizing that some form of

territory is probably going to be lost

from Ukraine, but we need security

guarantees to be a part of this. Those

have been a big issue for Russia. Russia

doesn't want security guarantees because

Russia doesn't want Ukraine to get

guarantees that basically imply

Ukraine is part of NATO, right? Because

if you give if NATO gives Ukraine a

security guarantee, you may as well just

say NATO is part or Ukraine is part of

NATO, which obviously is a red line for

Russia. So this creates a lot of

complexity here. Now, Donald Trump also

mentioned that uh regarding the China

trade deal, stay tuned. There will be uh

progress on the China trade deal soon.

Uh there is a self-imposed deadline by

Trump tonight to get a deal with China.

We don't know if that'll actually happen

tonight. Donald Trump did miss his

self-imposed secondary sanction deadline

with Russia in lie of obviously this

meeting now happening on Friday. As far

as chips, uh he says that there could

even be some form of 20 to 30% uh sort

of export licensing fees for Blackwell

or at least unenhanced versions of

Blackwell in the future, which is really

interesting because it's a way of saying

that maybe we will let uh companies like

Nvidia and AMD export their more

advanced chips, although still not the

most advanced chips, to countries like

China. Again, a lot of people see these

export fees like that 15% export fee

that AMD and Nvidia have currently

agreed to for the watered down older

generation chips like the H20s uh as an

extortion fee. And they kind of see this

as Donald Trump extorting American

companies. Uh that's a 15% tax on the

H20 from Nvidia to China and 15% tax on

the MI308 from AMD to China. Uh, you

kind of have to give Trump credit though

here. Trump will do anything to make a

buck for the country, which is great in

the near term. We don't know what the

longer term implications of that are

going to be. But for now, that seems to

be an opportunity for Nvidia and AMD to

increase their revenue and Trump to

increase his revenue. Uh, then again,

other people say this is just arming

China and China is our enemy and we

shouldn't be arming them. So, you kind

of have arguments on both sides of this.

But again, this is Donald Trump's uh not

free market lzair style, but rather

Donald Trump's sort of more crony style

directament of how things are going to

go and nobody knows what the

implications of that are going to be in

the longer term, but it is interesting.

So, uh we'll see. So, that gives you an

overview here of everything. Remember,

use coupon code jhole meet.com. get that

alpha report again. Tesla's killing it

today, which is a great call in the

alpha report. Literally called in the

pre-market that it was heading towards

this line within the next 48 hours. Look

at that. That was literally my number

one call. We had four calls this

morning. You can see call 2, three, and

four in the alpha report this morning.

Uh, one of them, by the way, I'll give

you a little hint here, was watch for

the cues to fall at open and then

bounce. And look at literally what's

happening right now. You had a little

fall at the open and bounce throughout

the rest of the day here. So, if you

want these calls, make sure you get

those in the alpha report every single

morning before the market uh opens. Use

coupon code jhole to get lifetime access

at meetke.com.

>> Why not advertise these things that you

told us here? I feel like nobody else

knows about this.

>> We'll we'll try a little advertising and

see how it goes.

>> Congratulations, man. You have done so

much. People love you. People look up to

you.

>> Kevin Praath there, financial analyst

and YouTuber. Meet Kevin. Always great

to get your take.