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The Fed is PISSED | Bad News.

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short sellers can Rejoice today because

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boy we've got another red day we've got

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a lot to talk about from Apple Amazon

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the number of shorts we're seeing Russia

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China fed news oh more fed news and even

0:14

more to cover so let's hop right into it

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do keep in mind the triple bundle is now

0:18

available so many of you have been

0:19

asking for a bundle for both uh or

0:22

actually all three stocks Elite Hustlers

0:24

and real estate one-time payment

0:26

lifetime access to all current and

0:28

future lectures and access lifetime to

0:31

the live streams as long as those are

0:33

done in those courses so grab that

0:35

triple bundle it is live now so let's

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get started Apple slowing down hiring

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we've heard about this for a while now

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it's now official Apple is cut and

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hiring substantially especially with

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that slow down on iPhone sales some of

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it having to do with China Amazon now

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laying off potentially up to 10 000

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workers also remember that Amazon Alexa

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is on The Chopping Block costing Amazon

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around 4 billion dollars a year with a

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unclear indication of it actually being

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profitable for Amazon remember for some

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folks you're able to or some people have

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it set up so that you can order things

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through Amazon Alexa but how many people

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actually do that I don't know maybe you

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do let me know in the comments down

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below but more interestingly record cash

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flows into leveraged bets against Tech

1:20

right now take a look at this chart here

1:22

so the higher we see this little tick

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line go on the right the more bets we're

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seeing I'll get myself I'll just hide

1:29

myself for a moment the more bets we're

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seeing against a tech there we go that

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works and right now we've got

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658 million dollars of bets that went

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into sqq that's the triple short for the

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NASDAQ 100 Technologies index 658

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million dollars went into sqq today

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Monday morning and

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256 million dollars went out of pqqq

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which is the triple so the 500 or the

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658 into the short fund is the largest

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ever increase of bets into the short

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fund it's the largest bet we've ever

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seen in and the 256 out of the triple

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bullish NASDAQ 100 has seen the largest

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outflow since January this is incredible

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at the same time we're seeing the S P

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500 at liquidity levels so low which we

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have not seen uh really since some of

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these other crazy lows here look at this

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we're at 32.67 we were a little bit

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lower with liquidity over here during

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the pandemic the March Crush but really

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if we draw a line over we don't actually

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see this happen again until 2009 and

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it's very very rare that liquidity is

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this low there we go I draw a little

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line here it makes it a little bit more

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clear where uh where we're about to

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bounce all for that low level of

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liquidity there we sat there around 2009

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but otherwise look at this this goes all

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the way back to 2000 and you just don't

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see s p trading liquidity this low

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remember liquidity is everything

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liquidity is your ability to actually

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buy the dip just because you want to buy

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the dip doesn't mean you have cash to

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actually buy the dip some good news

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today out of Russia we have the US

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apparently having had a meeting with

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officials from Russia in Ankara this is

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in Turkey obviously also if you have not

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heard there was a uh what looked like

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either a bombing or a suicide bombing on

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a popular shopping street in Turkey I've

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personally been on that street before

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really devastating at least six people

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lost their lives uh following another

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tragedy in Dallas where six people also

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lost their lives from the air show plane

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crash on Saturday it's terrible terrible

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but we also have some news here from

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Biden and then we got to get into the

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Federal Reserve which is important so

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Biden met with China uh China's Xi

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Jinping and they expressed their

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willingness to compromise on key issues

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which is good China talked about no

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imminent threat of a Taiwanese Invasion

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we didn't get any kind of information on

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covet zero loosening uh Biden reiterated

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that the one China policy has not

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changed and we're not looking for a new

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Cold War personally I think this is

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really annoying be not that not looking

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for a new Cold War part but the one

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China policy part because the United

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States makes it really clear that it

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recognizes Taiwan as independent yet

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when they talk to China they say we

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believe in a unified China which is

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basically Taiwan belongs to China so

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your official stance is that Taiwan

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should belong to China and that's what

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you tell China when you talk to China

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but then when you talk to the Taiwanese

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or Nancy Pelosi visits Taiwan you're

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like we support your Independence this

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is like

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like there's no other way to

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put it like no wonder China's like

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what's your problem like on one hand

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you're taught you're doing that with

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Taiwan and on the other hand you're like

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oh yeah we're big fans of free trade and

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and China's like really what's with this

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chips act where you just banned access

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to a bunch of AI and robotic supportive

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chips uh for sale in the Chinese market

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all you're doing is encouraging us to

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tighten our exports to you for for

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quality products that we make uh and uh

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and and making us want to grow those at

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the home base to which of course the US

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is like quality products that you can go

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okay

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it's just I I get it like I get it the

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US is is strong it's got twice the

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economy in China but there's some things

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here where I'm kind of like dude you

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can't really blame the Chinese for some

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of the stuff it's it's very frustrating

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anyway so uh now let's talk about the

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FED because the the FED sent some more

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Nikki leak texts and and it's it's just

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honestly at this point it's just getting

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exhausting let's talk about that before

5:52

but before I talk about more of this

5:54

negativity we got to remind you use that

5:55

Black Friday code okay this is going to

5:57

be the best code that you have had is

5:59

the biggest coupon code ever for those

6:00

programs in building your wealth I am on

6:02

vacation for the next few days but I'm

6:04

still bringing you content and we've got

6:05

a huge set of new lectures coming not

6:08

only does the elite Hustlers course

6:09

completely release on Black Friday but

6:12

you're going to get brand new lectures

6:14

that go deep into fundamental analysis

6:16

and real estate analysis to prep you for

6:18

2023 in December then I'll probably go

6:22

into some of the other courses as well

6:23

like property management is going to get

6:25

a revamp especially as we ramp up house

6:26

hack and you may as well just lock in

6:28

the prices now as the prices will be

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higher as we go forward so kind of

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contribute to inflation you know I mean

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it's happening after all maybe I'm just

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playing catch-up anyway uh no most

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importantly I do remember that when you

6:40

join you get a better price today than

6:42

you can in the future and you get

6:44

lifetime access so we got rid of any

6:46

kind of monthly fees I think uh we we

6:48

have a really good uh similar mindset

6:51

that monthly fees are bad and so I

6:52

thought you know what let's just go with

6:54

a one-time fee all right so what did we

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hear from our boy and Nikki leaks the

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guy over at the Wall Street Journal who

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always seems to get texts from the FED

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on the latest and greatest okay well

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let's go ahead and take a look over here

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uh this morning we got uh Nick saying

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the following actually let's start with

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this one he says the New York fed survey

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of consumer inflation expectations

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showed that consumer inflation

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expectations moved up that is the wrong

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way reversing several months in which

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the inflation expectations fell this is

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true this is a little bit problematic

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however in my opinion in it's really

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important to remember that consumer

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inflation expectations seem to follow

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what CPI does so we had a little bit of

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a peak in CPI like the Consumer Price

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Index inflation report in September and

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so it's no surprise that when the survey

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was taken before the October CPI came

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out that expectations would go up now

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inflation fell I wonder if you did the

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survey again if we would actually see

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inflation expectations go back down but

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yeah inflation expectations with the New

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York survey did kind of fall apart a

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little bit here a lot of this had to do

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with gas prices expected to be up 4.8

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percent next year that's only up from

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half of a percent in September so you do

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have two compounding issues there gas

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price concerns uh an extension of this

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war and drama uh and and yeah well drama

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over gas prices in Europe and war in

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Ukraine but gas price expectations

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believed to be up 4.8 percent in next

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year versus just point five percent was

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the expectation for next year in

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September then for the headline

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inflation expectation reads from the New

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York survey we got a report of 5.9 where

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we think inflation is going to be in one

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year versus 5.4 in the prior report in

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the three-year inflation report looking

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to be at 3.1 percent up from 2.9 in the

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last month's report for three years out

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that's a problem because remember the

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fed's trying to get us to two percent

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and everybody's excited about this idea

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that the Federal Reserve is going to

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reduce rates but like we talked about in

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a video yesterday I don't know that the

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FED can justify reducing rates if they

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want to keep barreling towards two

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percent I mean look last time after Paul

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volcker you know we dropped to under 10

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percent within a year but it took us

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another 15 years to get under three

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percent or to around the two percent

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level it's remarkable so expectations

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now are that's going to take about three

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years to get to about three percent

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three point one percent and after five

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years we think we'll be at 2.4 percent

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and that's also up from 2.2 so you are

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seeing a little bit of a deterioration

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here in expectations although again I do

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wonder how sensitive that is to the last

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CPI report but also just take a look at

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the break evens here these are the

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five-year Break Even inflation reads

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these are what I always like to look at

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it's the Market's expectation I think

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they're a little bit better at

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predicting inflation than than actual

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consumers but if we take a peek over

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here we see that it's Fallen nicely

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after that last CPI report which is good

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we're nowhere near where we were a bit

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ago uh like September October I really

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hope we can kind of revisit that sort of

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downtrend but I think today's consumer

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expectations are kind of making this

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firm up a little bit right here I get a

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move where my little icon is here sorry

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but anyway let's take a look at some of

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these other things fed Governor Chris

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Waller on October CPI report the market

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seemed to get way out in front I cannot

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express enough this is just one data

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point remember the Federal Reserve does

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not want the stock market to go up

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because what it actually does is it

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loosens Financial tightness and the FED

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wants a lot of tightness they want

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things to be really really tight and so

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when the FED says we've still got ways

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to go what they're really doing is

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they're echoing what Jerome Powell said

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in the last fomc meeting and this is

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what they they they saw happen in July

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as well in July we got you know some

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some soft reads on inflation so uh or or

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before actually the July report I

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remember actually being bad I think they

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mean regarding the June report where we

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so we kind of had a rally coming out of

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the third week of June after CPI and we

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kind of rallied near to the end of July

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and so I think this is the situation

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they're referring to where markets

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really rallied and loosened Financial

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conditions and the fed's like no no no

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we don't want to do that remember 7.7

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inflation is still really really large

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it's still really bad so don't just

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think you know one one report is is good

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uh and and then they kind of make this

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reference to look if inflation

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expectations run away which now they're

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trending up it happens fast like it pops

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like a balloon uh you know it's just

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it's once inflation expectations on

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anchor we're screwed and we'll have to

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Paul or the economy and then we're in

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for real hell so yeah if you're

11:34

wondering what's going on in the market

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today it's a great day for 60 off coupon

11:38

code because well you've got a little

11:40

bit of pain you got shorts loading on

11:42

the bets again and uh the hopes of a

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rally between now and uh and the

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beginning of December CPI report got

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dashed a little bit today though I'm

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personally still optimistic that we'll

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have a nice positive CPI report in

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December and hopefully we can really

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sustain that disinflation we're

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expecting to see but uh you also have to

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be prepared that that expectation could

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be wrong and we could have to be a lot

12:05

more patient which is the same thing we

12:07

see with househack we will be patient to

12:10

buy real estate until we've got the best

12:11

deals possible if you want to invest and

12:13

you're an accredited investor check out

12:15

the PPM at househack.com because this

12:17

video is not a solicitation but that

12:18

website and PPM is thanks so much and

12:21

we'll see in the next one bye

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