Wall Street DEMANDING *Urgent* Stimulus Checks** NOW! [Trump Tariffs]

Holy smokes. Wall Street banks are now

actively calling for stimulus checks.

I'm going to show you this Wall Street

piece right now, but this is wild. I

haven't seen this. And it's frankly a

sign that I think a lot of banks are

starting to freak out and a lot of

people on Wall Street are tired of

winning. I mean, are tired of losing.

Markets in the last 31 hours have lost

$5.4 trillion.

the largest drops in the S&P 500, the

Dow, the Nasdaq since March 16th of

2020. We were 79 bips away. That's

close. From a circuit breaker going off

on the stock exchanges. Imagine the

cover on the Saturday newspapers had the

circuit breakers gone off. Stocks drop

so badly they have to close the stock

exchanges. That's not good. It just

breeds more panic. JP Morgan now said,

"Oh, 60% chance of recession." Oh, no,

no, no, no. Scratch that. JP Morgan now

expects a recession in the third or

fourth quarter. And remember folks, in

this day and age, markets and news move

a lot faster today than they did in

2001. In fact, the 2020 crash, remember

when I sold and went to cash in January

of 2020 uh to January 2022? Sold and

went to cash. I'm like, I don't know.

Let's hold on a second. Hold on a

second. ended up launching companies

later that year close to the bottom of

the market both house hack and fund

which performed excellently. The total

flows we have seen flows in 2022 move

three times faster than they did in

2011. Now what does that mean? Well 2001

was a three-year crash. 2022 we saw it

all in 9 months. What could that mean

for today? Well, a lot of this

compression that we're getting in pain

could be just that. Things are just

moving a lot faster today than they have

historically. And if we're truly getting

ready to price in recession, pricing in

that recession could happen a lot faster

than we think. This is why some are now

calling the MAG 7 the SAG 7. But

eventually, there's going to be a buying

opportunity. Now, what we'll do is we'll

also look into some opportunities for

when it's the right time to buy. But

it's worth noting in the meantime as we

get into this stimulus check item here.

Take a look at this. You've got Robbo

Bank now actively asking you, "Have you

said thank you once?" This is a pretty

big important question here because now

you've got researchers making fun of the

JD Vance Oval Office event. It's gotten

to that level of fear. I didn't think it

could get much worse than that. And then

I saw the stimulus check level of fear.

Let's take a look at that quick mention.

Uh I'm seeing a lot of this happen as

well. I personally see it as a bit of an

indicator, but I'm seeing a lot of

emails like this additional investment

$60,000 investment added. Wire transfer

completed. Lot of emails like this about

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at house hack.com. But what's awesome in

the scary use of the phrase right now

for some and in the exciting use of the

word awesome for others is Deutsche

Bank. Deutsche Bank now actively

suggesting we should be sending stimulus

checks because the market is going poopy

dupies. What stops this? The market is

doing one thing. Pricing in a global

recession. That's what the market's

doing. Which by the way could be one of

the reasons you're seeing such

positivity in Bitcoin. Frankly, Bitcoin

doesn't have earnings per share. There

are no margins to compress. You know,

the CEO of Restoration Hardware is on

Jim Kramer's show right now talking

about how our margins aren't compressing

because we have all this inventory to go

through. Yeah. Well, this morning in the

course member live stream, we went

through their inventory and we see that

they have $30 million of cash, over a

billion dollars of inventory, and we're

like, how long is this going to last?

Two to four months, best case scenario.

So, they don't actually have that much

inventory. They got just enough to maybe

get through some of this negotiation

phase of tariffs. They do not have

enough to get through sustained tariffs.

Could create opportunities though.

Always opportunity in crisis. Just have

to know where to look. Uh anyway, going

to this Deutsche Bank piece. This is the

shocking piece. Market is doing one

thing. Pricing and global recession.

What is the circuit breaker here? Well,

it's not going to be central banks.

Instead, they say it's going to be

fiscal policy. Okay. In plain English,

that means stemmies, but not I'm not

inter interpreting this. I'm going to

show you where they say. You ready for

this? I don't want you to think it's

Kevin's just like stretching this out or

whatever. They say it. You ready for

this? In the United States, the

administration needs to reanchor the

debate around fiscal strategy that

offsets the huge tax rise that's about

to take place because of tariffs. We

noted yesterday that Treasury Secretary

Bassant refused to do this following the

trade announcements on the 2nd on

liberation day. You ready for this?

Okay, this this is the moment. This is

where they say this is not Kevin like

trying to stretch some interpretation

here. This is a Wall Street

institutional research document and what

do they tell you should be done? It's

right here, folks. Examples of

re-anchoring the fiscal debate include

providing paychecks to households who

are hardest hit from the tariff shock

and introducing retroactive cuts this

year, tax cuts in the reconciliation

bill that is currently being formulated.

In other words, you literally have

Deutsche Bank Research now actively

calling for paychecks to be sent by

Americans affected by this tariff drama

because it's been 2 days of a panic

selloff after the announcement. And

Deutsche Bank is already freaking out.

Now, uh, Bank of America has a little

bit of insight into when they think they

would start considering to buy the dip.

One of the tools that they're using is

they're looking at the put call ratio.

And an argument that they make is they

say, "Hey, look, you know, the put call

ratio, number of people buying puts or

the number of puts being bought versus

calls, so bearish bets versus bullish

bets, uh, is still below one. It's about

a 0.94. It's been skyrocketing." A place

you could see this is you could just

Google CNN greed and fear. This is where

people who don't understand what that

is. But what you mentioned

CNN dislike

unsome. Anyway, um, take a look right

here. This is the CNN greed and fear

index. And what you want to pay

attention to is right here. This put

call ratio. You can see it's rising

towards one. Now, they only go back to

about the summer of last year. So, you

actually don't see that this can go

substantially higher than 1.0. This is

not like it goes to 1.0 and then it's

done. Uh, Bank of America says you want

to go contrarianly bullish when this

gets to about 1.3. So, in other words,

when you have about 30% more puts than

you have calls being bought. And we're

not quite there yet. In addition to

this, Bank of America is telling us most

people did not position for recession.

In fact, take a look at this right here.

Bank of America saying on January 1st,

everyone was all in on US except

exceptionalism. few positioned for

recession. I did. But then again, we've

been talking about it for quite a while

here because the underlying oil spillage

that we've been seeing in the market has

been problematic. Well, I should say in

the economy, not so much the market. The

market had its phase of euphoria, which

is a typical way you end a Nike swoosh

recovery. So, we had our Nike swoosh

recovery from 2022 through 24, and we

ended up with a euphoric boom at the

end. And Warren Buffett sold in

February. He timed that top a little bit

better. Good for him. But the problems

of the underlying economy are present.

The slowdown in the labor market, the

slowdown in pricing power and growth is

either going to signal a big slowdown

for the US economy or something worse.

Now, I call that spilled fuel. It's

baggage basically that we have. Donald

Trump's trade war might just light the

match and sort of ignite that recession

and bring it forward, make it happen a

little bit sooner. Not ideal. And

obviously it's not a foregone conclusion

yet. Like we said, Deutsche Bank tells

us, "Hey, we can avoid this." In fact,

we'll go back to this uh Bank of America

or sorry, the um Deutsche Bank piece

right now. Take a look at this. Bank of

America says that you could frontload

tax cuts in Europe and in the United

States. You could provide subsidies on

consumption purchases. Republican

leadership needs to provide a greater

sense of urgency in moving these tax

cuts along and sending paychecks to

households. In other words, urgently

send paychecks to households. That's

what they're saying here. You know, this

this is look, we got a lot to talk

about. Tomorrow we'll be live again in

the course member liveream. If you're

not part of that, it's a very, you know,

inexpensive monthly membership. Get

access to everything that I do. It's

less than about a buck 70 a day. It's

really good. You cancel at any time. If

you've never tried it before, give it a

shot. Try it out. Go to meet Kevin.com.

Join the course member group. We'll be

talking about this. But what you're

finding is that China is already doing

this. China is already stimulating like

this. And they're doing this because

they're coming out of a recession.

They're coming out of a consumer

depression. Consumers have been so

depressed that now China is thinking

about sending tax credits to people to

upgrade their phones or their computers

just to get pe people spending. And that

usually unfortunately government is slow

slower than central banks. And

unfortunately, the market is likely to

struggle with this slower time frame.

But at the end of the day, it's simple.

This is a US- ccentric fiscal shock

driven by the Trump administration. And

it's Congress, so government policy that

can unwind this. Countries that respond

quickest and the most forcibly to this

shock are those whose currency will be

the most resilient. Right? because

inflation would drive up the value of

their bonds and therefore the value of

their currencies. Or the reverse would

be true if you don't. And on the flip

side, the more the US fiscal strategy

under the Trump administration lacks

visibility, the more the market will

punish the dollar and US assets,

including the SAG 7. One last point,

don't expect the reluctant Fed to

support the dollar. Remember that point

during the European shock crisis of 2022

when the ECB went hawkish and things

collapsed, blah blah blah blah. We

already know the Fed's not coming to

bail us out. But I really want you to

think about this for a moment. The Wall

Street banks are freaking out demanding

paychecks be sent by Congress

urgently. We're just on day two. This is

crazy. It's crazy to me. Uh I mean, hey,

you know, maybe we'll get those Doge

dividend checks, but my gosh. And I do

think there's a chance we'll actually go

to stimulus checks at some point again

in the future. But I'm just going to be

transparent here. I didn't think it

would happen on day two. Like people are

panicking already on day two. Yesterday

was Jerome Powell, please, please bail

us out. Bail us out. Help us. Help us.

Today Jerome Pow's like, "Yeah, no. I'm

going to be patient." So what does it

turn

into? Okay. Send us stimulus checks.

This is unbelievable. This like have we

learned nothing from the first cycle? I

guess not. Uh but another thing that

you'll find here from the uh Bank of

America piece that I found was

interesting was Bank of America says

that uh at least according to their

clients they are 61.7% exposed to

stocks. This means a lot of Americans

with wealth are really seeing a big hit

to their wealth right now. Now I know a

lot of people are like oh but Kevin if

you don't sell you haven't lost

anything. All right. Something we talk

about in the psychology of money

is if you sell, yes, you realize a loss.

It's a taxable event. But don't kid

yourself. When your account goes up in

value, you have access to more capital.

When your account goes down in value,

you have access to less capital. This

idea that, oh, you didn't lose anything

unless you sell. Oh, you don't want to

lock in your losses. That's just what

brokers and fund managers say to you. So

that way they don't have outflows out of

their funds. No broker, dealer, or fund

manager wants you to sell their fund

because they make fees, baby fees. Now,

Bank of America does suggest that, hey,

if you're sticking around for some buy

signals, take a look at this. For them

to get a bull bear signal that would

suggest buying, so a real level of fear

because for some reason their bull bear

scale is sitting at somewhere like a

4.8, 8 which is kind of wild or sorry

4.9 which seems kind of high but they

say they'd be looking as a buy signal as

a couple weeks of big equity outflows

totaling 100 billion or more that would

trigger a buy sale uh or or buy trigger

or 80 88% of global equity trading

indices trading below the 250day moving

average. Currently that level sits at

29%.

So, and that buy signal would first

require the hang uh the HK the Hong Kong

Hangen index and the German DAX to fall

to 20K. All right, here's the put call

ratio. We're at about uh 94 out of that

1.3. They've got some others here. I

don't think that these are necessarily

as useful, but they argue that the

biggest thing would be that would be

useful, which is similar to what

Deutsche Bank says, would be a pivot

away from tariffs towards tax cuts. And

listen to this. Aggressive increases in

the debt ceiling via the Congressional

Budget Reconciliation Bill. Well, if you

want to aggressively increase debt,

you're basically screaming stimulus over

here, too. Except you've got Deutsche

Bank actively calling for paychecks to

be sent to households because of

tariffs. We expect the impact of tariffs

will be somewhere around $2 to $3,000

per household per year. Uh, and Bank of

America is like, "Please take on

aggressive amounts, copious amounts of

more debt. Lather me up. This is a clown

show. It's day two and these massive

institutions can't handle it, man. I

don't know what the signal of this is to

come, but we'll be talking a lot about

it in the course member live streams.

Remember folks, go to houseack.com or

meet Kevin.com. houseack if you want to

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coming to what we're doing and uh get

excited about some of the announcements

that we have coming for Houseack. I

cannot wait. If you have questions,

email us at house hack.com. Thank you so

much for watching and we'll see you in

the next one. Goodbye everyone. Good

luck. 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 Pra there,

financial analyst and YouTuber. Meet

Kevin. Always great to get your take.