The Trump "Capex" Boom is a Scam | Meta Stock Exposes Lie.

I'm gonna punch you in your effing face.

This week is arguably a much bigger week

for bullish catalyst than last week was

because last week we got some really bad

data. Jobs data that was not up to snuff

at EDP below expectations and a massive

miss with basically one out of 74

economists actually seeing it. 73

missing it when jobs came in miserably

low. Now, we expect QCEW revisions to be

anywhere for basically the 6 months

ending in March uh and to be anywhere

between 550 to a million jobs to the

downside. Scott Besson says 800 uh,000

jobs were going to evaporate. A lot of

people are saying this is the worst data

revision in 15 years since the Great

Recession. People counter this and say,

"Oh, but it's because all the illegals

are being caked down of the economy." At

the same time, Scott Bessant threatens

to punch Bill PE in the face, whose

parents maybe allegedly did the same

thing that Lisa Cook is being accused

of. There's a lot to break down here

along with Catalyst, and it's worth just

getting right into it. Look, first

things first. Bessent had an interview

this morning and his interview in my

opinion, well, actually it was last

night, but his interview in my opinion

was a complete disaster because it shows

you that Bessant doesn't really have our

best interests at heart. But this

shouldn't be a surprise. Bessence's big

main takeaway, and there's a lot to

break down here, but a big main takeaway

is that, hey, things are going to get

better in the fourth quarter. We're just

going through a noisy period of time

right now in August, and the numbers are

all going to be better in the fourth

quarter, including GDP. Everything's

going to be fine, and we're going to

boom again. This is great. Obviously,

this week's data

probably, in my opinion, mostly priced

dead. This morning in the meet Kevin

Alpha report, I actually argued before

the market open that this week we're

probably going to see the Q's rise,

especially for start to trading, you

know, your start to your trading day.

And I'd be looking at calls, shorterterm

calls on the cues because I thought we

were not only going to break out of 578,

but I thought we were going to run to

about 581 to 83. I wasn't expecting

exactly that to happen within an hour

and a half of the market opening. You

know, we sent out the alpha report this

morning and we talked about our

bullishness. Uh, and that's already

happened. So, once again, people in the

alpha report winning. Now, why did I say

this? Well, I see my goal is always to

help you learn why. Like, what's my

reasoning for this? And my reasoning is

the catalysts we have this week are well

known already. We know we're going to

get QCWs at 7:00 a.m. California time

tomorrow. Okay, we're going to get a big

downward revision on jobs. We got it.

Does that mean we're in a recession?

Maybe, maybe not. The market's not going

to price it in until it's real. Then we

get PPI and then we get CPI, both of

them month over month. and on core month

over month expected to come in at.3 this

week are those really a big catalyst no

like even if they come in at 04 a little

bit hot big deal we're still pricing in

a guaranteed rate cut for September 17th

which keep in mind the Fed's meeting is

only 9 days away just 9 days away and

we're going to get our 25 basis point

cut so then you factor and you look at

what markets are actually pricing in.

They're actually pricing in not only

more calm, but they're pricing in the

potential, at least right now, an 11 to

13% chance of a 50 basis point cut.

Probably just sort of predicated on how

bad the data actually ends up being.

Well, one of the reasons we expected

calm this morning as well, and this is

something you should pay attention to as

well, is the spread between the twos and

the tens sitting at 57. So we've relaxed

from that 60 to 63 a little bit more

shockprone figure that we had last week.

And this is really to say that hey

markets expect broad calm. Some of this

is probably because Besson is trying to

soothe markets. But is Bessant lying to

us or does he just not know any better?

Well, I I don't think he's lying, but I

do think he just doesn't know that well.

I think he's probably going to end up in

the long term proving not to be the

greatest of Treasury secretaries. Of

course, this is where people go, "What?

Did you like Janet Yon better? What did

you sh for the Democrats?" No. Remember,

my goal is to piss everybody off, but

it's to be real with you. Let me tell

you and break down why I think Bessant

doesn't know what he's talking about.

So, Bessant in his NBC interview, his

MSNBC interview, argues that people

freaked out in April over nothing. And

this, in my opinion, couldn't be further

from the truth. People freaked out over

the worst and most unclear and insane

implementation of tariff policy in 90

years since the Smoot Holly tariffs that

were a contributor or at least part of

the Great Depression.

That's gaslighting the reality of what

happened in April. Now, Bessant then

cherry picks Fed members he likes. He

says, "August usually has noisy data and

we should be listening to people like

Fed Goulspeed who basically says, "Hey,

you know, we don't really know if this

data is because of immigration or

because the labor market is actually

weakening."

But see, Goulsby is somebody that I had

an opinion about last week. I called him

Mr. Noballs as opposed to Mr. Too late.

I call him Mr. snowballs because Goulsby

last year told us, "Oh, if the labor

market starts trending down, we don't

know if we could just magically stop it

at a certain point and then prevent it

from continuing to fall. It could end up

in this sort of like self-fulfilling

cycle." This year, he's like, "Oh, the

labor market seems to be falling in a

self-fulfilling cycle at probably just

immigration. That's probably just im

immigration." You know, he's got the

whole like scowl going on. It's probably

just immigration.

What? No, Mr. Goulby, you got no balls

and you're changing your opinion with

the wind. At least when me Kevin makes a

prediction, we stick with it. And if

we're right, great. If we're wrong, we

tell you about it, too. Big balls versus

no balls. Anyway, Mr. Basset says and

expects a bullish acceleration in the

fourth quarter. Now, this is

interesting. He thinks we're going to

get a bullish acceleration in the fourth

quarter because GDP is already doing

really well, pumping up over 3%. And

you've got a bunch of companies telling

us that, hey, we're going to keep

spending. We're going to get give you so

much capex spending, it doesn't matter.

We've got all the capex. You want capex,

we got it for you. But Mr. Besson seems

to forget how GDP is calculated. He's

bragging about 3.3%

GDP, but he forgets something very

important that when we calculate GDP, we

subtract out imports. In Q1, we had

massive imports to try to get ahead of

tariffs. So, we had negative GDP. We

built up a lot of inventory. When you

have built up inventory, you import

less, which means you subtract less from

GDP. So, let's say GDP is 10. you're

taking less away from GDP because you're

importing less. So you have less of a

minus. When you have less of a minus,

what's left is seems bigger. And that's

because we've built up so much inventory

to get ahead and try to stay ahead of

the tariffs for as long as possible with

a lot of people knocking on wood,

including restoration hardware stock

that the Supreme Court is just going to

declare these tariffs illegal leading to

big obviously not only tariff rebates,

but also the ability to buy inventory

again at lower prices. I think this is

what a lot of companies are waiting for.

But Besset doesn't realize that that

dynamic is actually making GDP look

artificially warmer than it actually

probably is. In addition, GDP currently

is we use real GDP which is inflation

adjusted. So let's say inflation

adjusted GDP is here. You know, again,

I'm using round numbers, let's just call

it 10%. Inflation before tariffs is low

or or has been low. And so the trend of

inflation is that we're at a low level

which means we subtract less from GDP

making GDP look higher because real GDP

is 10 minus say inflation call it two

and you get eight. Okay I'm using round

numbers just to make the this example

simple.

Now if inflation goes up to 4% that GDP

drops down to six because you're going

10 - 4 instead of 10 - 2. So the point

of that is simply the lesson that as

inflation trends up due to a transitory

period of inflation as the Fed is

calling it, we're actually going to get

lower GDP. And as companies start

resuming inventory buying because they

burn through their inventories, you're

going to get lower GDP. So Besson is

calling for a GDP boom because people

are talking about capex spending. But

formulaically GDP actually has two

things really hurting it in the near

term which is inflation which will hurt

the appearance of GDP and inventory

rebying once we go through inventory.

Both of those things are going to hurt

GDP. That has nothing to do with the

fact that the labor market is slowing

down. That's just another contributor

which obviously could lead earnings to

go down at co companies and these

promised capex expenditures never to

actually happen. Now mind you all of

what I'm saying here is bad. It's it's

like recessionary, right? But that

doesn't mean the stock market has to

price in a recession at all. In fact,

this morning we pitched our stock buy

number four in the meet Kevin Alth

report. Uh we're we're basically doing

10 buys over the next 10 years. Uh and

these are stocks that we think you're

just going to hold for 10 years and and

we think will perform very well.

Obviously can't guarantee you that they

will, but uh so far our buys have been

doing really well. And so if you want to

be part of that, make sure you grab the

Meet Kevin alpha access and the

membership over at meet.com. You get

lifetime access. Uh and and frankly

because this week is going to be much

more of a bullish catalyst than last

week. Uh we we did end up pushing out

the bullish catalyst coupon. Uh so

you've got a few more days to take

advantage of that at meet.com just in

fairness because we've got a lot more

bullish catalyst this week. And if you

join now, you'll get not only stock by 1

2 3 4 stock by number four is up like

32% today. Uh but you'll also get um

stock by 56 7 8 9 10 all the course

member live streams, the alpha report

and everything else. So make sure you

use coupon code bullish catalyst over at

mekevin.com. Okay. So Bessant,

he uses his justification for GDP

booming in the fourth quarter.

His justification is, oh well,

executives are telling us they're going

to spend more on capex. But in order to

recognize how stupid that is, you could

either look at this clip from Mark

Zuckerberg

and or you could look at what happened

in 2018. Remember in 2018, we ended up

having companies tell Donald Trump,

including Apple, that oh, we're going to

we're going to help uh you know, we're

going to invest so much money in the

United States. Apple's pitching

investing in the United States. Fox Con

says they're going to build a huge

facility in the United States. And

they're making these massive estimates

for how much money they're going to

spend in the United States. Four, five

years later, we get a fraction of that

investment. Why? Because these

executives, they don't actually know how

much they're going to spend. They're

going to they're going to base their

spending on the economy and how much

they can actually earn. But Donald Trump

wants to hear a big number. So people

are bending the knee to Donald Trump.

They're giving Trump the big blowy he

wants that that makes Trump feel good.

And then he can lean over to Melania and

see, "Oh, look how much money the

numbers are so big. They don't even know

how much money." But then Mark

Zuckerberg on a hot mic here doesn't

even realize that he's saying, "Hey,

hey, uh, sorry. You know, I I didn't I

didn't know how big of a number you

wanted me to pick. Even Zuck knows. It's

all fugazi. All these people know it's

fugazi. It's

it's it's like a lie. But anyway, let's

listen to this clip.

>> What do you see over the next few years?

>> Oh gosh. Um, I mean, I think it's

probably going to be something like,

I don't know, at least $600 billion

through 28 in the US. Yeah.

>> Still a lot.

>> No, it's significant.

>> That's a lot. Thank you, Mark. Great to

have you. I wasn't

for announcing wasn't sure whatever.

>> I wasn't sure what number you wanted me

to go with. That is an example of

exactly what this economy is based on.

This economy is based on people like

Bessant telling you everything is fine

and the economy is going to boom because

companies are going to boom on capex

spending. But it's a fraud. The insiders

know it's a fraud. It was a lie in 2018.

It's a lie now.

And it's misleading. And for the

Treasury Secretary to say, "Oh, well,

you know, ignore the data. The data

doesn't matter. The data is promoted by

the liberal mainstream media. Forget the

data. Instead of the data, you should

just listen to what companies are

telling us. And they're telling us

they're going to spend big money." But

but it's a lie. And we know it's a lie.

Which basically means this is like the

big fraud of the Trump administration is

that we know the promises are a lie to

get these companies special favors from

the Trump administration,

but then they're using that lie as a

basis for why their tariffs are going to

be great and everything's going to be

fine. Bessent literally tells us that

Japanese automakers are absorbing the

tariffs because they're so good at

negotiating. No, Scott Besson. Tariffs

are being absorbed by automakers because

they have no pricing power. They have no

damn money because the people are out of

money. Poorer Americans and middle class

Americans are getting raped, reamed, and

robbed by the policies that as usual

just make the rich richer, make it more

expensive for people to get by. And so

Bessant saying and bragging about how

the Japanese automakers are eating the

tariffs is not a symptom of you guys

being good at negotiating. It's a

symptom of the economy suffering.

And Bessant doesn't get it. He's the

Treasury Secretary calling for a

construction manufacturing boom and

doesn't realize that manufacturing is

literally in the opposite of a boom.

We're losing jobs in manufacturing at a

scale we haven't seen since the Great

Recession because of Trump's policies.

The best thing that could happen is if

we get the Supreme Court to rule that

tariffs are illegal and we're not doing

anymore. That would be the best thing

that could happen for this economy

because it's just a matter of time. Now,

that doesn't mean don't buy stocks. That

doesn't mean go sell everything, right?

Like I said, even in the alpha report,

even though this is bearish longterm,

even in the alpha report, we're bullish

the cues. were bullish. Certain stocks

were bullish. The four stocks. I think

all four of those stocks are up today.

By the way, I I mean, we got uh the

alpha report this morning. By the way,

just so you know, I said this morning in

the alpha report, I'm not bullish on

Tesla today. Even though it's rallying

in the pre-market, I'm not bullish on

Tesla. There's nowhere for it to go

other than 347, which is down. Here are

the lines I literally drew on Tesla this

morning. the uh the great lines I added

this morning which is a converging

uptrend which is bearish for Tesla and

sure enough look at this I send the

alpha report this morning don't go

bullish on Tesla look at that straight

to 347 instead the stock buy number four

we talked about is up massively and we

were bullish on the cues which is way up

from where we announced it in the alpha

report yeah be part of that remember use

coupon code bullish catalyst but anyway

so Bess is basically a professional

gaslighter when he's confronting

with, "Hey, Goldman Sachs says 86% of

tariffs are paid by US consumers."

Besson says, "Oh, well, I made a lot of

money trading against Goldman Sachs in

my career." That literally has nothing

to do. It's misdirection. It's a red

herring. It's like, "Hey, this data is

bad." Oh, look at my coffee mug. That's

what he does. It's a professional

gaslighter, but it's like Donald Trump,

too. Donald Trump does this as well. You

know, the job numbers might be bad, but

we're not going to get the real numbers

for another year, so just wait and be

patient. Oh, come on, man. That's just

gaslighting to get people not to freak

out over the data, which eventually they

will. Eventually, you're going to have

recessionary pricing. We're not on a

good trend. Hopefully, we can stuff land

out of this. But Besson is the kind of

guy, let's just make this up, Besson is

the kind of guy who would write an op-ed

in the world Wall Street Journal

complaining about quantitive easing and

how bad quantitive easing is for the

economy. Uh, and then he would also be

the guy who would end up calling for

quantitive easing in the event the

market starts falling because of some

kind of crisis. That's that's who I

think of when I think of Basset. I don't

know. I mean, that that's just a crazy

example, right? Uh except that's

actually exactly what he did this

morning or actually on Friday rather. He

posted that unconventional policies such

as quantitive easing should only be used

in true emergencies. In other words,

he's bagging on the Fed's use of

supervision regulating the real estate

and lending industry such as the

DoddFrank Act. He's bagging on the Fed's

money printing, but he's leaving the

door open to using the very money

printing that he's bagging on. He's got

a whole oped about how, oh, we shouldn't

we shouldn't use money printing to help

the economy, unless of course there's an

emergency. because I think he realizes I

think he's smart enough to realize that

we're in a slowing economy and if we do

end up in a recession, we're going to

have to money print like crazy. Now,

Besson is also the kind of guy who is

super quiet and smooth, but apparently

is willing to punch you in your face.

This is because I think of Besson as a

schoolyard bully. I think of him as that

gaslighting bully. And I made this

analogy this morning and I think it's

very appropriate. So here is an article

where Besson apparently says, "I'm going

to punch you in your effing face." Okay,

I'm going to punch you in your effing

face. F you.

That's Bessant for you, you know,

apparently, uh, this Wednesday. I'll

explain this in just a moment. But the

reason they call him a schoolyard bully

is he's the kind of guy, and this is the

example we used this morning, where if

everybody's playing kickball in the

sand, you don't want to be left out. So,

you also go play kickball in the sand.

But the problem with playing kickball in

the sand is you kick sand into people's

eyeballs. Okay? It's really dumb to play

kickball in the sand.

But Besset is the kind of guy where if

you go, "Hey, you know, can we go play

in the grass?" like people are getting

sand in their eyes. Bessence's the kind

of schoolyard bully who's going to go,

"Well, if you don't like it, why are you

playing with us?" He's literally like a

fourth grader. And this political

article just confirms it. Wednesday

evening after some inaugural bull crap

dinner. Apparently, he's got some kind

of lash out fight with Bill PTE over the

FHFA

and says, "Why the f are you talking to

the president about me? F you." Besson

told Pol. I'm going to punch you in your

effing face. The scene was described by

uh one person who witnessed it and four

others who heard about it. Uh it's

either me or him. So they basically get

like they try to get separated and one

of them is asked to leave essentially.

Basson's like let's step outside to do

what? Ask Pte to talk. No, I'm going to

effing beat your ass. He's a school

guard bully. Now I know a lot of people

are going to go look and go, "Oh, this

is great." You know, he's standing his

ground or whatever. That's fine. But

he's a professional gaslighter and

that's what professional gaslighters do.

And and like I'm not here to like

promote PTE, okay? PTE Nick T just

tweeted that PTE's parents allegedly

had owner occupied tax residency status

in two different states, which is very

similar to the same thing Bolt is

complaining about Lisa Cook for. Now,

Lisa Cook's fed governor. Bill Peele's

parents are just, you know, really rich,

wealthy capitalist land developers. PE

Holmes. Uh, you know, so some people are

like, "Oh, it's different." It's not

really that different, but whatever. Uh,

I don't like Bill PE. I think he's just

a shill for Trump. But, you know, this

fight between Bess and PE to me just

shows you that when you suck at actually

using knowledge, you resort to violence.

That's very common. When you suck at

analyzing data because you're a

professional gaslighter, you resort to

violence. And that's what Besson is. You

know, Besson also apparently had a fight

with Elon Musk. People think that Besson

actually punched him in the face in

April. He confronted Elon Musk just

outside of the Oval Office. That's when

uh Elon Musk was seen with a black eye.

Yeah. And you know Elon Musk, he's not

invited to the AI dinners. He's not

around the White House anymore. from

Bessant. He's hanging out cuz he's a

great shill for Trump and he's a good

smootht talking shill, too. You know, it

makes it seem like, you know, I don't

know what, but he he comes across on TV

as as like trustworthy, but he's a

shield.

Uh so, you know, after I I talked about

some of this this morning on a live

stream, people are like, "Oh, Kevin, you

ever tough bad about Biden?" Uh yeah, I

did a lot because again, my goal is to

piss off everyone. and I hate

politicians and so I'm going to keep

calling out politicians. And so when

Biden's in office, people like, "Oh, you

never talk bad about Republicans." Here

I am talking bad about Republicans. So

keep this in mind when Democrats were in

office again. Which if we go into a

recession, they'll they'll be back in

office in 2029. People are going to be

like, "Oh, you never talk bad about

Republicans again when I'm crapping on

Democrats in 2029." It's just always how

it's going to be. But anyway,

Besson is basically helping promote the

greatest failures of the Trump

administration and it's going to age

very very poorly. But markets are going

to be very happy because they're going

to take best hope for uh like this

renaissance in the fourth quarter and

rate cuts from the Fed which are coming

this month. It's only a matter of are we

going to get one cut or two and then we

can talk boom baby. Now remember, if you

want stock buy number four, which is up

over 30% today, make sure to join the Me

Kevin Heaven Alpha Report. You're going

to be getting stock by 5, 6, 7, 8, 9,

and 10 as well over the next few weeks.

These are stocks that I think will do

well uh whether there's a recession or

not. Uh so we are considering that. Uh

and uh and then also get the day trade,

you know, insights. You know, the

insights today that Tesla was going to

go down and the cues were going to go

up. These are great. These are ways for

you to make money and if you pay once,

you get lifetime access to this stuff.

So, check it out over me Kevin.com.

You've got, you know, we didn't change

the price yet. So, we've got a little

bit more time to use coupon code bullish

catalyst. Mostly because the catalysts

we're getting this week are so priced

in, they're going to be bullish. We have

more bullish catalyst this week than

last week. So, we think it's

appropriate. Uh anyway, this gives you a

full breakdown of, you know, the the

financial engineering and fraud that's

basically going on, but hopefully gives

you good insights into what's next.

>> 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.