What Trump JUST Said.

So, Donald Trump just spoke at the

United Nations and as usual, we heard a

lot of bagging on climate change. We

heard a lot of talk about drill baby

drill, how nuclear is great, how he

should get the Nobel Peace Prize for all

of the wars that he solved. But he's

been probably the most critical that I

have seen him on immigration. And

there's a reason for this. See, Donald

Trump loves when poll numbers go in his

way. It's the same thing with the stock

market. If the stock market is up, I've

got the greatest stock market in the

world. Nobody does the stock market

better than I do. And if the stock

market is down, it's Biden's stock

market. Biden left us with a bad

economy. Uh but when it comes to

immigration

and poll numbers, we know that Trump

loves echoing whereas poll numbers are

great. and WPO, the Washington Post,

actually just did a breakdown of where

Donald Trump is killing it with poll

numbers. Uh, and so here's the result of

them. I thought this was really

interesting. Look at this. What do you

think is the best thing Trump has done

since entering office in January?

55%, mind you, they interviewed both

Democrats and Republicans, 55% of people

said the best thing is Trump's work on

immigration. I myself have mentioned

that on this channel that Donald Trump

has done a fantastic job of actually

making our borders matter. Now, of

course, is it possible that he's gone

too far with like, you know, raids on

construction sites or Home Depot? Oh,

absolutely. But by far, the number one

thing Donald Trump is getting the most

successful polling on is immigration and

securing the border. In fact, Donald

Trump has now doubled down on this

immigration aggressiveness by literally

using London as an example and saying

that immigration and Sharia law will be

the death of the United Kingdom. What's

happening in London is insane. The

countries are becoming unrecognizable

and it's all because of the globalist

agenda of the United Nations who wants

immigration everywhere and immigration

ends up causing war and crime. And why

should we have to fund the United

Nations when their stupid policies are

causing the very problems they want

money to help solve?

That's a big statement there. And he's

probably right to some extent.

Immigration has been causing substantial

problems. A lot of it because of uh the

idea of asylum of people coming out of

potentially Syria or other parts of the

Middle East under the guise of hey like

these are just humanitarian moves. But

now people are wondering wait a minute

are we changing the culture of London?

Are we changing what Paris is? Are we

changing what Germany is? Are these

countries becoming different countries?

Donald Trump echoes this sentiment by

saying that quote immigration robs

countries of what makes them unique.

like if everything blends together then

what's the point of traveling to a

different country? Uh, and you see this

echoed here in the um, uh, the

Washington Post survey that immigration

was only a 39% win in for Donald Trump

in uh, in February, but that popped up

to 55% in uh, in September as what

Donald Trump has done best. Only 7% in

September for Doge, international

relations five, Trump's personality

conduct five, terrorists four. So people

not really like thrilled about tariffs.

I think most people realize like tariffs

even though Trump tries to brand them as

as a defense mechanism. You know tariffs

are broadly seen as problematic. I mean,

one of the the things that you're

finding now is that, yeah, we stocked up

a lot of inventory in Q1 and Q2, and so

that could lead to some disinflationary

effects, but frankly, you look at PMIs,

we would probably have lower inflation

if we didn't have tariffs. I mean, every

flash PMI you're getting this talk about

how prices are going up and demand is

slowing down and hiring is slowing down,

but companies have limited pricing power

because demand is low, but inventories

are high. Therefore, uh uh you know, we

should be seeing prices uh come down

despite the fact that tariffs are

raising prices, you know, leading prices

to move up uh at least on this producer

side. So in English the producers are

like dang it you know we're having to

pay more money. Uh but we're not able to

charge more because

you know it's here as you can see

although tariffs were again cited as the

driver of high input costs across

manufacturing and services. The number

of companies able to hike selling prices

to pass the costs on to consumers has

falling hinting at squeezed margins but

boating well for inflation to moderate.

we would probably see more disinflation,

maybe even deflation if it weren't for

tariffs. So, like it's not a surprise

that's not one of the most popular

things for Trump. A lot of people,

including the OECD,

now projecting that we'll see more of a

tariff hit in 2026, though still

projecting that GDP will be positive at

1.5% for the United States, down from

1.8 for 2025, which is still fine. It's

still relatively bullish. Now, if you

take a look at what do you think is the

worst thing that Donald Trump has done

since entering into office in January,

there's a whole lot less unity here. So,

I actually think Donald Trump is picking

up on, oh, people love what I'm doing

with immigration. I'm going to be really

aggressive about immigration in front of

the United Nations. It's kind of what

people want is him to propose like like

propel this idea of no secure borders,

you know, strength against immigration.

Of course, that's leading to distortions

and complaints and things like, you

know, the $100,000 visa application fee

for the H-1Bs, which frankly is really

just going to end up leading big

companies like Amazon, who picked up

14,000 H1Bs in 2025. I think they're the

biggest. Yeah, look at that. Amazon

largest set of H-1B visas uh issued,

followed by companies like Google,

Microsoft, Meta, Apple. So, you know,

the big tech kind of hiring these H-1Bs.

But what'll probably be the effect of

this is people will just end up getting

these IT jobs and they'll end up working

in like Canada or Mexico or they'll just

end up working somewhere else. Uh and so

you'll see this outsourcing except those

people just won't provide you know their

economic contributions locally anymore.

Now when it comes again to the worst

thing that Donald Trump has done since

entering into office in January, only

20% say immigration is the worst thing.

Tariffs close second at 13%. So you can

see like there's actually a lot of

consensus here on the best thing Trump

has done and it's immigration securing

the border and I think that's why he was

so aggressive at like yes you know we're

doing great with immigration United

Nations you guys suck we're doing so

wonderful you should do what we're doing

worst thing a lot more unclear there's

much less consensus in February

everybody thought the worst thing Trump

was doing was Doge and Elon Musk but

what's hilarious about that for Trump

not so great for Elon Musk is Elon Musk

basically bore the brunt of Doge. And I

think Trump knew that going into

partnering with Elon on Doge. And I

honestly think that's why Vive bailed on

Doge. I think Vive had the foresight

that hey, I could help build Doge, but

I'm not going to be there to actually

cut because people are going to get

pissed. I'm going to bail and I'm going

to instead talk about how, hey, we're um

going to run for governor in Ohio. We

don't have to worry about it. Elon Musk

instead gets saddled with sort of the

bag of actually trying to fulfill the

mission, which you got to give Elon

credit for trying uh but ends up

unfortunately being the person that gets

uh how how should I say it, screwed with

the negative externalities that came

from Doge. So, when we uh look at uh

Donald Trump at the Charlie Kirk event

this weekend, we actually did see Elon

Musk walk up to Trump and you kind of

sit down next to him. You kind of get

this uh I'm going to sort of pre-ay and

then you could see it so you know what

to look for. To me, you kind of get this

like slightly like you could tell this

is like the grandpa who, you know, was

offended by the child but is forgiving.

That's kind of what I get here. Like,

hey, grasshopper,

stay strong out there.

Touches him on the knee. You know, it's

it's all going to be okay. But he's

still got that sort of residual

resentment of like, you know, you did

some dirty things to me, Elon. That's

that's like my takeaway from this

interaction here. You could see it

yourself here. You know, you got the

handshake. This seems very cordial. Hey,

introduce the person over here. But did

you see that look right there? That look

when he goes for that handshake right

before the knee tap, there's a little

bit of like, I'm still mad at you right

there. You see that? But then, but it's

okay, buddy. It's okay. you know, and so

like kind of interesting and so not a

surprise that, you know, Elon, you know,

he bears the brunt of that. Donald Trump

gets to sort of wash his hands of Doge.

Uh so, you know, brilliant move there by

Trump. Got another about 10 seconds of

this interaction here. Uh let's see a

little bit more here. You almost feels a

little bit like Trump is disconnected.

You see that? Like Trump turns around to

start talking to the other uh folks

here. Uh, and then look at the lean away

from Elon, you know, and then this is

almost like, "All right, buddy. Get out

of here."

I don't know, you know, could be

overreading into it, right? Uh, but

anyway, there's there's some residual

resentment there, but honestly, Elon was

great for Trump because Elon ended up

holding that bag. So, it's a good thing

for Trump. Uh, so but it is nice to see

that they were able to at least talk to

each other. uh given that it's been

quite a while since uh Elon's been seen

at the White House and sort of uh you

know best friend Elon's no longer

around. So, but not a surprise when you

look at the poll numbers. This is what

Donald Trump is going to uh uh you know

focus on. Donald Trump is a big fan of

looking at the poll numbers and then

talking up those poll numbers. And I

thought this was actually really

interesting. Right now there's very

little consensus in what people are mad

about with Trump. Mostly you had a split

between immigration raids, tariffs. You

do have some people that are freaking

out about this, you know, destroying

democracy and the constitution. I think

a lot of that, I mean, when was this

poll taken? This poll was taken

September 11th or 15th. Ah, that would

have been before the Kimmel issue. The

Kimmel issue in free speech assault

probably would have expanded this.

Uh, so we'll see. But, um, you know,

we'll see. Hopefully this is the

beginning of a rec reconciliation

between Trump and Elon. I don't know

from that body language. I think you

could really take six of one half dozen

of the other. Uh it it certainly doesn't

seem like a you know they're the best of

friends, right? We'll put it that way.

There's there's definitely some

resentment there. And as far as uh

Donald Trump and uh and you know, sort

of the popular moves right now, I mean,

he's not wrong. The stock market is at

all-time highs and yeah, consensus is

it's doing great on immigration, but

other than that, we didn't get much else

out of that United Nations speech. Some

interesting insights though.

>> Tell us 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.