Major Bank: Kamala Harris is FINISHED | RFK Joining Trump
FULL TRANSCRIPT
holy smokes City Bank is freaking out at
the potential that RFK could end up
joining Donald Trump and potentially
even get a seat in the Trump cabinet now
I'm going to show the docks in just a
moment but I quickly want to give you
like a quick summary here of some
sentiments that are going on I'm going
to start with the more right leaning
sentiment and then I'm going to give a
little bit more of the left leaning
sentiment so the right leaning sentiment
is that the Obamas are here to help
uh k Harris instill hope in the
Democratic campaign and the Democratic
party really has a history of doing this
you look at someone like Jimmy Carter
who promised more honest politics in
1976 or Bill Clinton who was literally
the man from Hope Arkansas that was one
of his campaign pitches he was born in
Hope Arkansas and that was it anyway
Obama promised hope and change you can
believe in and then of course people are
like H okay we got it now we got Trump
you know 8 years later
uh and you know then the frustr you know
this this again it's purposefully I'm
trying to give sort of the right
perspective here the right leaning
perspective with Harris people are very
frustrated that she's basically just
appointed and she's in without a primary
contest and her speeches are scripted
it's the teleprompter it's hey I used to
not like fracking but now I'm open to it
and I used to be for a single-payer
healthcare system but now I'm not I'm
different today and yeah I'm a
prosecutor so that means I could be
tough on crime and tough on the border
and so they're really trying to take all
of their weaknesses and kind of flip
them around but people are like well
wait where are the details it's cool to
say that but we got to see some of the
details even the $225,000 down payment
assistant policy people like hey uh for
all first-time home buyers is it like uh
tax credit is it straight up stimulus
money uh you know what are the the
resale requirements on the property how
long do you have to be a first-time home
buyer for I say that because some
first-time home buyer programs let you
use them if you just haven't bought a
home and don't currently own a home
within the last you know three years or
whatever anyway so uh and and then of
course people on the right are
frustrated that there hasn't really been
a real interview yet uh with kamla
Harris other than sort of scripted
events and so people are a little
frustrated by that uh they suggest that
kamla Harris is experiencing a sugar
high and that uh you know she's coming
out of the gate with announcement and
hope and cheer but now it's time to get
into the nitty-gritty and get into the
details now the left leaning position is
that well you know Trump is an erratic
uh insurrectionist who's impulsive and
self-interested and what a bare minimum
needs to happen is Democrats need to win
a majority in the house or or just keep
it in the Senate so they can block any
kind of one party legislating like
another tax cut and jobs act which
frankly it seems like a lot of people
kind of really like the tax cutting jobs
act but okay whatever uh and uh then you
also have this sort of branding from the
left that's oh you know Trump is just
trying to make his Rich boys richer and
I mean they do have an interesting point
that yes Trump is probably seen as more
Pro crypto more Pro investment Community
more Pro wealthier individual
potentially especially since right now
about 1/4th of his fundraising comes
from the Securities and investment
industry probably a lot of crypto folks
in there that's over a 100 20ish million
bucks already in 2016 they gave like
oneth of that less than $21 million so
kind of interesting kind of interesting
there these sort of disparities here and
the differences and really we're at the
point in this early first kind of 35
days of the Harris campaign where Harris
has started kind of polling ahead in
some of the predicted numbers and in
some polls again people are suggesting
first of all don't believe the polls
they're all ragged and nonsense which is
true some polls have been found to
oversample Democrats and you get a
Harris Lead You could also honestly
manipulate the betting markets if you
have enough dalah Halas because you can
kind of buy up the order book but anyway
take a look what happened today and then
we're going to talk about what city said
regarding RFK because what you're about
to see could be because of the RFK
announcement look at this this is a flip
Donald Trump back in the lead on poly
markets betting odds with an 84.8
million bet and a 52% chance versus KLA
Harris at 77 million this is after the
news that RFK might on Friday announce
that he's joining the Trump camp this
will be a big game changer note over
here on predicted we still have kamla in
the lead at 53- 50 Trump but we've got
this narrowing that you could see over
the last uh seven days here if you go
out to the 90day Chart you could see
kamla Harris really had a nice wedge
here over Donald Trump again this is
just last kind of 30 days here people
calling it The Sugar High new candidate
trying to Brand herself as not having
baggage and new ideas hope change
whatever but it's detail time right and
now after this RFK talk we're starting
to see a a narrowing of that spread in
fact if you go down to the 24-hour
market you could see it's extremely
tight just three cents apart now again
after that RFK talk now some of that is
likely due to the fact that rfk's sort
of solo odds if we check him on here uh
which they kind of drag along the bottom
over here so you don't really see much
of a move over here but you could see
his two cents basically goes right back
down it's a little harder to pit that
you know his PO votes over here or the
three cents here or whatever went over
to Trump but we expect that's what
recently happened here now why do we
expect that well let's take a look at
this City Bank article because it seems
like city is jumping up and down over
this one so are you ready for this let's
go on over now I I know some of you
don't like this microphone I'm working
on the positioning and I'm working on uh
the sound quality okay last time some of
y'all are like Kevin it's too it's too
muffled you sound like crap and I I
don't know I think some people like
Kevin there's a mic in your face like
what's with all the dudes worried about
the big cylindrical object you know
beaming into my mouth I don't I don't
know anyway so Nicole Shanahan by the
way she's donated a crapload of money to
the RF K campaign I think she's
personally into the RFK campaign for
like $15 million and you got to have a
lot of money to be able to donate $15
million to a
campaign because if you lose it's like
man you don't want to be bankrupt uh
anyway so take a look at this this is
from City bank and they suggest that RFK
Jr has been pulling around 5% that is
significant and could be enough to tilt
all the swing States in the favor of
trump now that's a really really big
claim here I mean this is this is like
freakout level huge claim if you could
get those independent voters which
obviously not all of the supporters were
going to go for Trump that were RFK fans
after all some people are RFK fans
because they don't want Trump and then
they don't want a
Democrat uh but they would have been
okay with RFK as a Democrat if he still
were still there but he would have
gotten primary so that's why he's
independent now but anyway this idea
that RFK could potentially jump onto the
Trump campaign and then move maybe even
call it 3% of that vote over well if you
move 3% of the vote over in the betting
markets what do you have well let's look
at it uh oh that's Bill Amman I meant to
go oh that's the wrong button sorry
there uh you've got uh now all of a
sudden you got Trump tied on predict it
Trump way ahead on poly market and if
you go to the real clear uh politics
betting average or sort of poll average
right now we could see that kamla Harris
has a lead over Trump of
1.5% that would basically go to a 1.5
percentage point lead for Trump and mind
you it's it's not really the popular
vote that you need you just need the
swing States so this is a
GameChanger uh take from City Bank here
that suggests joining forces with Trump
which which Donald Trump did suggest
mind you back um I think it was in July
June or July uh suggested that hey you
know maybe you could be part of our
campaign or our Administration in the
future or
whatever apparently the markets are
really excited about that potential
because they're seeing Oh My Gosh RFK
could be the solution to slam dunking
the swing States and boom you get a
trump presidency which then you have a
lot of people who are saying oh smokes
if we get that well then what we're
going to end up with is a market that
might actually start rallying again in
fact you had a stock market that had a
little bit of heart palpitations when
kamla was first uh selected it was
almost like you were un pricing Trump
and now you've had a little bit of a
rally back the last you know nineish
days roughly uh and and people are
suggesting oh we're we're pricing back
in some more Trump odds but anyway let's
keep going with this city piece and this
microphone come on some I know some of
you like it leave some support for the
new microphone it's
German it must be good then
right all right anyway so uh we noted
that we could be approaching Peak Harris
and an official decision from RFK to
join Trump would further support this
right and now keep in mind one of the
reasons you might say something like PE
haris is because the initial Euphoria of
a candidate announcing is great but then
people start questioning the details of
your policy plans like what what are you
actually going to do about the Border
that's different because RFK for example
you know some people and I wrote these
notes on the right over here some people
say oh that's that antivaxer guy but RFK
actually has some pretty decent ideas
and solid ideas and when you listen to
him you're like man okay yeah maybe this
guy isn't as crazy as as sort of his
reputation that precedes him implies he
is and those who support him really
support him uh they may follow his
endorsement because frankly think about
it this way you might hate Trump but if
you say all right RFK is definitely out
but he has a chance to get in a seat of
government through the Trump
Administration well now you have to ask
yourself would you rather have RFK in
government or not and if Trump is the
conduit to get your guy in government
great I personally think and I didn't
read this anywhere I just want to be
clear this is my opinion I personally
think you should put RFK in something
that's less public not too much of like
a speaking role I I'm just trying to be
blunt it I I don't think he's the best
for the a speaking role but put him as
like the head of the Department of
Transportation or DHS or something you
know Department of Homeland Security and
put him in charge of uh infrastructure
or border reforms both of those by the
way he stands for he stands for
rebuilding infrastructure rebuilding the
middle class he's actually one of the
candidates who's a fan of diverting some
you know he's not trying to say like oh
let's make America not safe but
diverting some of the excessive sort of
in the opinion of some military spending
for other efforts like Ukraine or Israel
or whatever divert some of that and just
take some of that money and start
spending on infrastructure in the United
States which frankly is a frustration of
a lot of people people are like why why
are we spending so much money on these
other countries when we have our own
problems at home now obviously the
counterargument to that is oh well it's
for National Security a weak Russia is a
strong United States blah blah blah blah
blah whatever right uh this is of course
then where you can kind of combine the
argument and say oh well if you know if
Trump were President we wouldn't have
had a new war and then we would have had
to spend the new money and we could have
spent the money on the infrastructure
plan now Donald Trump did have an
infrastructure proposal back when he was
a president the first time it didn't
pass well it didn't well it actually
never came to the table because I think
Co hit you know they focused on the tax
cut and jobs act by midterms you already
lost uh the the the sweep power that you
had in Congress you lost control of of
uh all three branches and then of course
Co hit and not try to make excuses I'm
just trying to acknowledge that you know
Trump did run on infrastructure and we
got smaller infrastructure plans Stone
XL Pipeline Water Act billions of
dollars for various different
initiatives but not that big sort of
sweeping sweeping reform I think this
might be an opportunity for Trump to say
look no wars were started on my watch
we're going to make sure that doesn't
happen again and the money we save will
be able to put into infrastructure and
guess what RFK is going to lead that
division uh or or you know lead the
infrastructure spending and make sure
that we make America great again
whatever right that's sort of an
argument that you could take uh if
you're thinking about this and uh and I
actually agree with City here that
really if you combine forces with RFK I
think you almost have to guarantee the
guy a cabinet role because what you
don't want is Trump coming across as
like a user because you know people
aren't going to put that past Trump
let's just be real uh even if you like
the guy you're going to agree like if if
Trump can win with RFK and then not use
him if he didn't need him in the C in in
the administration he'll just dump him
but if Trump makes the promise he
doesn't want to come across as a liar
although I know plenty of people already
think he is or convinced he is whatever
but the point is Trump should make that
promise upfront because I think it would
actually give him more of a guarantee
that those RFK voters are going to turn
out for Trump if that's what Trump wants
I actually do think that this
potentially hurts the Harris Camp
because what you're doing is you're
taking somebody who was a Democrat and
you're basically showing the Centrist
ISM of a you know RFK Trump and advanced
ticket essentially I shouldn't be saying
ticket because a Cabinet member is not
on the ticket but you know what I mean
uh Coalition we'll call it right uh and
you do have Harris moving closer to the
center as well she's trying to get away
from the defund the police and some of
the more woke politics because
everybody's trying to win this election
on centrism now of course there is a
risk that you know RFK is just going to
be branded as the antia guy now in
Trump's Administration look he's much
further to the right blah blah blah blah
blah of course they're going to say that
but I don't think you're trying to
convince that audience anyway like
they're already going to not vote for
Trump anyway so uh right now take a look
at this there two options we're looking
at this is what Nicole mentioned and one
is staying in the race forming that new
party but we run the risk of kamla
Harris and walse uh becoming uh uh
basically the the the nominee or the
president rather president-elect because
we draw votes from Trump right you're
taking votes away from Trump by doing
your own thing or we combine forces with
Trump now uh you've got a city group
here who thinks they might be able to
get 5% in National polls which would set
them up for federal funding in future
elections but that might not be worth it
if RFK could guarantee something inside
of that Trump campaign and uh and and
and City Bank turns this into sort of an
economic POV and argues that uh the
dollar will actually rise on this strong
dollar under this Trump news I kind of
think it's more likely that the dollar
will weaken maybe not necessarily on the
news maybe it'll go up on that news but
I actually think it'll weaken in the
longer term because rates are going to
down I think they're going to go down
faster than other people project and I
think Trump actually prefers a weak
dollar because he sees it as making the
United States more competitive for other
companies buying stuff from the US
rather than us buying stuff from you
know an artificially cheap let's say
China because they're uh you know weak
purposefully weakening their Chinese
Yuan whatever so uh anyway should RFK
actually join Trump we expect to see a
tactical boost in the USD right so it
could fade over time so they see that as
an election trade but I will say it's
very interesting here they seem
convinced that uh Donald Trump will
basically win all the swing States if he
partners with uh with RFK and uh
honestly it
um it seems like it's getting a lot of
attention and and the betting markets
are already starting to try to price it
in so could happen here and honestly I
was wondering I'm like why did Bitcoin
Spike you know like a couple thousand
bucks today I think it could be because
of this you know people are starting to
analyze and say oh this actually might
increase the odds of trump uh and then
you get the Bitcoin trade that comes
back a little bit so as soon as you got
KLA Bitcoin actually started selling
down which I covered on the day Biden
dropped out I'm like oh my gosh this
could be bad for Bitcoin in the short
term because you have to unpriced Trump
a little
bit just to be clear about that Biden
didn't have a chance so it was like a
slam dunk that Trump was going to win so
when you put anyone else in the position
whether it was a cone or comma or
whatever or Nome you would have seen
Bitcoin go down my expectation so uh
anyway uh one other thing to remember is
that this week is Jackson whole week
very very important I'll have another
video prepping you for that but we did
make a coupon code at meetkevin.com
Jackson Hole so if you want to see my
positioning we're making a a new channel
that'll show you all of my open
positions uh exactly you know the uh the
the name the security the the expiration
date if it's a contract whatever so that
way you could look in one place and just
go okay what's Kevin's positioning right
now you'll be able to see that uh so
we're going to make that a little easier
uh along with uh some of the larger
trades that I've got going on uh
separating those out away from sort of
like YOLO option like YOLO swing trades
or whatever and showing you look here's
where we have fundamental hedge fund
style trades like you know I've got a
couple multi-million dollar bets going
uh each of them over a million dollars
uh in different sectors that I think are
going to do really well soft Landing or
recession uh those are big hedge style
trades that I really believe in and
we'll separate those from sort of
long-term Investments and then like a
YOLO like oh I think it's you know we're
going to bet this on earnings or
whatever so that way there's a lot of
ease and transparency uh a lot of folks
have been uh really excited about that
so you could join that and see that as
well just uh go to meet kevin.com before
the Jackson hle Symposium which it was
less than 40 hours away now so check it
out over at meet.com thanks so much for
watching we'll see you in the next one
goodbye and good luck 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 pafra there financial analyst
and YouTuber meet Kevin always great to
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