TRUMP *JUST* Flipped on China | PREPARE

Hey everyone, me Kevin here. All right,

look, China news is exciting. We're

going to have talks in Switzerland with

Besson and Greer going to China to speak

with some trade delegation members. Now,

this is exciting because it means

finally after over a month of being

liberated, we are finally beginning

talks with China because no talks have

taken place before that. Now, Bessant

today, while there was some enthusiasm

in the stock market leading into this,

has started to water down some of this

already. Treasury Secretary Bessant

minutes ago says China negotiations will

begin on Saturday in Switzerland, that

talks are beginning for talks and not

quote advanced discussions, and that now

we are at a time for China to graduate

from developing country status.

What? Okay, hold on. So, yesterday it's

we're finally having trade talks with

China and then today but it's just the

beginning and you know we have demands

like we want China to graduate and so in

my opinion that's an implication that

they want China to which in fairness

they should start considering let's say

their you know carbon emissions. One of

the things about China and India is

their carbon emissions have been going

parabolic while the United States and

Europe have actually been declining. And

this is often a criticism people have of

China is that while we're trying to have

a cleaner environment, even Republicans

agree with this. Uh we see China

polluting like crazy and that's why

there's been a movement sort of on the

right wing to say, "Hey, like why are we

trying if they're not?" If that is going

to be part of our trade discussions, it

might add some complexity to what are

already expected to be very complicated

Chinese uh trade negotiations. Remember,

what China is facing is a magnitude more

than uh what Japan is facing. And I want

you to remember how these things played

out in 2018. I'm going to show you both

of these uh in just a moment, but I want

to remind you that this morning uh we

had three uh uh calls that we made. One

of them uh was that Open Door was likely

to skyrocket this moment uh this morning

and we sent that out in the alpha report

uh for Meet Kevin members, which you

could join for less than $2 a day over

the Meet Kevin uh uh website over at

meet.com. Open Door skyrocketed. We

called for a skyrocket in Tempest, which

it literally did, and called that Disney

was likely to stay flat, and it did. All

three of those things were in our alpha

report this morning. And so, if you want

to be a part of that, make sure you join

the Meet Kevin membership. It's less

than $2 a day over at meetke.com. You

get the exclusive course member live

streams and access to that alpha report

uh every morning when the market is

open. Now with that said, let's remember

Japan for a moment. This is a problem.

Okay, Japan 25% tariff rate on steel and

aluminum automobiles and auto parts 25%

reciprocal tariffs 10% plus an

additional 14%. And the United States

only wants to negotiate on the 14%.

Well, China has a lot worse of a

problem. Not only they have steel and

aluminum, but they also have an

additional, you know, fentanyl tariff

tax of 25%. They have the additional

auto and auto parts tariffs. Then they

have reciprocal tariffs of 145% which

even if those get reduced in half, it's

still really really high. It's basically

an embargo on China. And if we compare

to 2018, we get a little bit of a taste

for what it was like back then. Take a

look at this. Uh sorry for all these

tabs this morning. We're also analyzing

Crowd Strike and Coinbase's financials

to do some fundamental analyses on

these. But anyway, take a look at this.

What I did is I went from January 1st,

2018 to December 31st, 2018 just to see

what uh activity we had in the way of uh

uh you know trade discussions in 2018.

And what we found is if you just type in

China trade talks, it's actually really

entertaining what you see. First of all,

take a look at this. May 4th, 2018, so

what is that? 7 years ago, senior

Chinese and American officials concluded

2 days of negotiations on Friday with no

deal and no date set for further talks.

Okay, that was in May. Okay, then look

at this. October 25th, 2018, the US is

stopping trade talks with China. October

25th, Wall Street Journal, US won't

resume trade talks without firm

proposal. Okay, you've got uh December

18th, a chi a China analyst says Beijing

wants to calm the waters. Uh okay,

here's a everybody's favorite communist

news network. I mean uh CNN, sorry. Uh

September 13th, 2018. And see, this is

where I really confuse people because

you're like, "Wait, wait, Kevin. First I

thought you were a Trumper. Now you're

starting Well, then I thought you were a

lipard. And now you're sounding like a

Trumper again. Which is it? I've just

decided I don't want friends. So, I just

figure if I could piss everyone off,

then nobody will like

me. Anyway, September 13th, 2018, Hong

Kong. Uh, China has welcomed an offer

from the Trump administration to talk

trade despite the US threat to impose

steep new tariffs. Trump tweeted, "The

United States is under no pressure to

make a deal with China. They are under

pressure to make a deal with us." Dude,

this is a replay of seven freaking years

ago. Uh, the next round of US tariffs on

Chinese goods is likely to make

thousands of products ranging from

dishwashers to fit business fitness

trackers to food seasonings more

expensive for American consumers. And

they did. We ended up having, you know,

transitory price increases where prices

went up and then inflation the inflation

rate was transitory because prices went

up, but they didn't keep going up. sort

of had like this onetime price increase.

Jerome Powell has evidenced this as

well. China's economy is slowing down

and new waves of US tariffs threatened

to hurt its huge export industry. The

trade war has also weighed on Chinese

financial markets. So anyway, it's kind

of fascinating to go back through this

history. Uh and you could go through

pages and pages of this trade talk

history. But remember, look at this.

Trade talks really started at the

beginning of 2018. December 30th, 2018,

China has said it's willing to work with

the US to implement important consensus

reached at G20. Uh June 2018, China

warns US sanctions will void trade

talks. So think about like you went

through eight months of negotiation

drama and this drama is just getting

started now. What ended up bailing out

the trade talks? I think that's probably

the most critical piece of this video.

Look, trade talks to resume. We just

heard they were going to pause, right?

So anyway, what ended up bailing out

markets? Well, if you go to I don't

know, let's just go to here. Let's pull

up Weeble and let's go to the Q's.

There's Disney still trading sideways

just like we said in the alpha report.

Uh and let's go to the

Q's. So the Q's are falling right now,

probably prefed. Uh in my alpha report,

I mentioned 47962 is going to be a big

bounce level. Uh, and there might be a

postfed buy the dip opportunity at one

of these lines. We we'll see. But let's

go to 2018 for a

moment. So, seven years back, uh, we're

going to be precoid. Boy, this is like

ancient history, I feel like. Here we

go. Here's the 2018 trade war. So,

here's what 2018 looked and felt like.

So, 2018 starts here at a close of 162.

This is really a sales pitch for buy the

dip right here. Uh 162 cuz I mean look

at where the cues are now. 480, right?

It's insane uh to look at these like

ancient history charts. I mean in

fairness it was pre- alli inflation but

uh so you're at 162 here. You drop all

the way down at about 147 and you bob

between this range with maybe a high of

about 178 and then a low of 137. the

entire year. You basically went nowhere

all year. So what happened here that got

markets really excited again? Jerome

Powell U-turned. So in other words, you

need the money printer to turn on

again. It's not a surprise.

Unfortunately, it's probably not going

to happen until unemployment weakens.

And if unemployment weakens, we're going

to have bigger problems to face. So uh I

think you're probably looking at peak

doodoo this summer. Uh, and then after

we hit peak doodoo, my crystal ball says

I'm going back to buy the dip Kevin and

you know, bull Kevin. Of course, then

it's going to be unpopular to be a bull.

And everybody, you're just always a

perma bull. Do you ever say anything

negative about our market? And then I'm

going to get the comments like, Kevin,

Kevin, I don't like it when you do the

baby voice. I click out of the videos

every time you start the baby voice. And

then to that I say,