I had a friend who was a cab driver, and the daughter of a lifelong cabbie. She told me that if her dad needed an opening to change lanes or whatever, he began driving erratically. Alarmed people automatically respond to get away from the foolish driver, which gave him what he wanted.
And convince the delusional brats & commies in the eastern part to revert to British colony, allowing those people to become the hired help to make Britain great again.
"if tariffs are such a horrible idea and will only hurt the US... then why are other countries upset about the prospect of them?" -Because tariffs will not only hurt the US but also other countries.
I dont personally know Trump to accurately judge him, but I do love that he's not afraid to speak his mind. His boldness is an attractive presidential quality IMO
I was watching a show about the lives of this family and those around them that lived in Canada. They seemed awesome. They worked really hard, were very smart, extremely tough living in such harsh conditions. A truck full of produce had turned over, which apparently happens not unfrequently in that area and fresh produce was everywhere. The entire town rushed to where the truck was and gathered up the produce. One of the individuals said, the company would not be able to sell the produce after it was on the ground. I am assuming for insurance reasons. Then this individual also added that they do not get a lot of fresh produce because they are above the artic circle. It was in the Yukon area. The truck was headed towards Alaska; I am assuming the region of Alaska above the arctic circle. This means food can get there. I am assuming gov't policies make available the possibility of the food getting there. Annexing in Canada, at least that part with those awesome hard-working people may not be the worst idea for both sides.
I vaguely remember that joke. Mark's Market Disruptors conference in Miami Nov '21. That was my 1st conference and I got the conference bug after that. I remember standing with you and George at 6' 4" and me at 5' 8". Great times Brent!! See you at the next RCL in Orlando
American Factory (2019) is a documentary on re-shoring manufacturing: "Early days of hope and optimism give way to setbacks as high-tech China clashes with working-class America."
I hold a lot of memecoins, but I'm feeling stuck! I still hang on whether to convert to XRP or sell all. Please, what's the best method to be profitable?
I think all you need is an expert assigned by a brokerage company that will trade for you and handle your capital professionally and give you weekly returns of investment without any extra fees attached
Yeah, I believe investing with a professional is the optimal approach, as it mitigates the risk of significant losses. Really, you actually knew her? I thought I was the only one, she has helped me through the fears and falls of trading
Seeing a remark regarding Ms. Amelia Peyton is quite energizing. It was just like this when I first met her a few weeks ago. Having started with just 4k about 2-3 weeks ago, I have already made it to 21k. She is very remarkable!
Goodness gracious!! I'm so excited seeing Ms. Amelia Peyton been mentioned here also. Didn't know she has been good to other people too, this is wonderful because I also started with a UA-cam referral like this
If US policymakers could consult only one economist in the world to guide them through Trump's second presidency, they should choose Michael Pettis, a renowned expert on international trade especially as it pertains to China where he's long taught finance at Peking University. Pettis can tell policymakers specifically how the US can intervene in trade in ways that truly benefit the country as a whole. And he's always lucid enough for laymen not only in his books but also in his interviews and talks many of which are on UA-cam as well as in his prolific blog on Twitter X. Compared to other economists, you can rely more on what he says because it's grounded in history not just theory. A self-described "junkie for economic history," he insists that being versed in economic history is a superpower for an economist. Listening to him one soon learns that the details of tariffs -- exactly how they're applied and to whom -- make all the difference. One also learns that the US would benefit if it placed a modest tax on incoming foreign capital.
Whenever someone says they're bearish short term, but mentions they're very bullish long term you can safely ignore the latter part (as meaningless and really an appeasememt and rhetorical insurance tactic).
Its unfortunate that is the conclusion you draw from me sharing my views. I try to be as transparent as possible. And have advocated being long US equities for several years. If I am coming across as a permabear than that is something I need to do a better job of addressing. I do consider myself being perma prudence and perma risk management. But a big part of my thesis is US equities would melt up...and that has happened and I have been long US equities the whole time. Thanks for listening.
@@MilkshakesPodwhen someone is persistently bearish SHORT term across all of 2023 and 2024, then despite vague claims of long term bullishness -- they're a permabear. Otherwise please point to a single episode in these past two years where you expressed short term bullishness.
@@omrit2 Again, I am likely guilty of talking about the concerns over the talking about the opportunites. is it your beleif that I have been short risk assets for the last 2 years?
@@MilkshakesPodit's impossible for us to know what your actual position is in your portfolio. I am referring to what was expressed in the podcast each and every episode, which was near term bearish. I also remember the term net-short in most episodes, so definitely not "advocated long US equities". And the "melt-up" narrative is certainly not something you held in the pod, and is attributable to David Hunter, Yardeni and a few others. But again, point us to one single episode where you were bullish short-term.
Trump does or says that he will do completely insane thing Everyone freaks out Trump walks back and only does a low to medium insane thing "Thank god he didn't do the completely insane thing, someone inside must have put some pressure on him. Guess we should take the low to medium insane thing, at least it's not the completely insane thing" How he keeps getting away with just one tactic will never not be funny
Seems like businesses may slow investment in growth and have a more difficult time managing in an uncertain policy environment. This may be politically acceptable but as a business owner or investor there’s also an economic cost.
The only reason to cling to reserve currency is because self sufficiency, while possible, would be extremely painful. US main export is dollars. So Trumps argument was not serious.
The problem is that when you anchor negotiations in threats and disrespect, you make enemies. I don’t get why that’s a good long term strategy, or even why it’s funny.
Gees, tarriffs work if you put them on in 1985 to stop the loss of mfg. To put them on now only creates inflation, full stop. The problem then becomes, can the 2 parent working. Loss of wages, already 30% increases in prices be absorbed ? No... they cannot. I am that family. Ww did pay off everything. House, rental, cars, etc. At same time, income has fallen for 30 years to real costs of real good we either need, or are forced to pay for... Even the price of a swimming pool pump has doubled. 350 up to 700... It is ridiculous! Thus, more tarriffs cannot be absorbed in Amrrica. Maybe Canada has discretionary income after 30 years of pounding. We dont... Amazon offers a 20$ avg per hour wage with enthusiastic TV commercial. You could both work there and not afford a home. Where does the money come from ? It dounds like you have lost touch with that level of person. Or at least dont keep one close enough to know the effect of rising prices on which is at least 85% of America
If you think markets are going higher why play all these silly little trades? Just hold quality and you'll outperform everyone. It's kind of a the midwit strategy to over complicate things and then either match or underperform the s&p.
Exactly, time in the market, not timing the market. But to answer your question instead of Brent: he's a permabear despite his denials here and is positioned net short, so the vague long term bulishness is merely a show he's putting on so as to seem level-headed and as reputation insurance in case no short term pullback.
I think brent has been backpedaling for 2 years, and it's been tough on him. We dont care if you called it right or wrong. We still listen what you have to say anyway.
Looks like you don’t understand Chinese, Chinese have moved to Mexica , and the business man have build the business system export from China through Mexica to American
Trump reminds me of a person that would cheat on their test and brag about the score. Even though everyone knows he cheated. It doesn't stop him from bragging about his score.
His comment about BRICS makes him look pedestrian and draws the worlds attention to a fading cause. Like the left always bitching about Trump actually helping him get elected, this too will incentivise, encourage and redouble efforts. Perhaps we can get him to do something stupid and push India closer to China.
No,.. it makes demcorats look pedestrian. Trump isn't even president yet and he's taking over like Teddy Roosevelt. Maybe you should read a little. You call the left's 8 years of lawfare and 3 assasinationattempts.. "justbitching"???? It won't redouble any efforts,.. because they never had a leg to stand on in the first place. They were impotent.
His comments about 🇨🇦 and 51 first state are just plainly rude from Canadian perspective. It's like listening to Putin interview with Tucker, where he explains that 🇺🇦 shouldn't be a sovereign country. Any time 🇺🇸 needed any help we always were there for you. Btw there are 20K ppl per year illegally crossing the border. That's 55 ppl per day at 5K miles border. Maybe it's time for divorce.
If you think fiat currencies are bad,... shitcoin is the ultimate fiat currency on steroids. It's not a store of value and certainly isn't a medium of exchange,... it's a greaterfool ponzischeme.
Why do you say Gaetz was a controversial pick? A banana republic like Nauru would consider him embarrassing. Trump normalization has reached a point that people outside (I live in Portugal half of my time) can’t believe how low Americans have fallen in their lack of self respect.
Hi. Are you making a joke with yourself as part of the punchline? I like to do that and often people can't follow and I often wonder why, but here I am doing the same thing they do by not being able to follow you, right?! You are saying (without saying) that you are not smart by misspelling "are" as "ar", right? Does that mean that you are not smart? Or that you are a regular American? I'd love to know. Did you maybe not mean to misspell it and now look like a clown while trying to mock others? Ha! That would be funny. Just some feedback. Love your post. Have a great day.
Not most. It was a very narrow POPULAR election. Once again, the electoral system did exactly what it was invented for: to disenfranchise regular citizens.
40:40 ... "Equity Allocation Exposure" indicator ... I've seen BofA or RBC reports that state that this is mostly in the overvalued big names and almost the opposite for EM, EU/UK mkts and U.S. small & midcap cyclicals. It suggests any sp500 drawdown would be in the overvalued but hit all to some degree due to ETFs & liquidity pressures. .... ALSO.... what the f*** is "Equity Allocation Exposure" ??? WTF is it actually measuring? To be more credible, you need to define what you want to use for your narrative.
I had a friend who was a cab driver, and the daughter of a lifelong cabbie. She told me that if her dad needed an opening to change lanes or whatever, he began driving erratically. Alarmed people automatically respond to get away from the foolish driver, which gave him what he wanted.
My sister would act crazy on public transit so the real crazies would leave her alone
@AllNighterHeider There's a downside. "To be enthusiastic, act enthusiastic!" Dale Carnegie
To be crazy...
Brent, love listening to your opinions. Thank you so much for this morning. 🎉😂😊
Great stuff, thanks again!
We are so back with the Mack in the Puerto Rican Shake Shack!! Great cast Brent!! Trump tariffs and Brent's milkshake bring all the noise to the yard.
Welcome back, Brent
As a Western Canadian, I’d be ok with joining the USA. FJT
As a Floridian, it would be so awesome. The North American Empire.
And convince the delusional brats & commies in the eastern part to revert to British colony, allowing those people to become the hired help to make Britain great again.
“Look at the world as it presents itself, not how you want it to be” 🎯
Thank you and happy holidays, Brent!
Thanks Brent! I watched your interview with Adam earlier today, great stuff and puts a lot into perspective.
New subscriber here. I found your channel because of your recent appearances on the Sachs Realty and Thoughtful Money channels.
"if tariffs are such a horrible idea and will only hurt the US... then why are other countries upset about the prospect of them?"
-Because tariffs will not only hurt the US but also other countries.
I dont personally know Trump to accurately judge him, but I do love that he's not afraid to speak his mind. His boldness is an attractive presidential quality IMO
You would live visiting an insane asylum, then.
@rabokarabekian409 that's funny 😆, I'm sure I would find it entertaining
I was watching a show about the lives of this family and those around them that lived in Canada. They seemed awesome. They worked really hard, were very smart, extremely tough living in such harsh conditions. A truck full of produce had turned over, which apparently happens not unfrequently in that area and fresh produce was everywhere. The entire town rushed to where the truck was and gathered up the produce. One of the individuals said, the company would not be able to sell the produce after it was on the ground. I am assuming for insurance reasons. Then this individual also added that they do not get a lot of fresh produce because they are above the artic circle. It was in the Yukon area. The truck was headed towards Alaska; I am assuming the region of Alaska above the arctic circle. This means food can get there. I am assuming gov't policies make available the possibility of the food getting there. Annexing in Canada, at least that part with those awesome hard-working people may not be the worst idea for both sides.
USA would relish having Western Canadians in our country. Great people.
The United Kingdom of America 🎉🎉🎉
All Hail King 👑 Trump 👑
Buy everything ‼️
I vaguely remember that joke. Mark's Market Disruptors conference in Miami Nov '21. That was my 1st conference and I got the conference bug after that. I remember standing with you and George at 6' 4" and me at 5' 8". Great times Brent!!
See you at the next RCL in Orlando
Thanks 👍
American Factory (2019) is a documentary on re-shoring manufacturing: "Early days of hope and optimism give way to setbacks as high-tech China clashes with working-class America."
I'm really interested in the idea of buying greenland from denmark.
I am indifferent towards Trump.
It's all divide and conquer with these politicians.
I hold a lot of memecoins, but I'm feeling stuck! I still hang on whether to convert to XRP or sell all. Please, what's the best method to be profitable?
I think all you need is an expert assigned by a brokerage company that will trade for you and handle your capital professionally and give you weekly returns of investment without any extra fees attached
Ms. Amelia Peyton holds the credit of being crucial about the market and also a knowledgeable brooker to be proud of..
Yeah, I believe investing with a professional is the optimal approach, as it mitigates the risk of significant losses. Really, you actually knew her? I thought I was the only one, she has helped me through the fears and falls of trading
Seeing a remark regarding Ms. Amelia Peyton is quite energizing. It was just like this when I first met her a few weeks ago. Having started with just 4k about 2-3 weeks ago, I have already made it to 21k. She is very remarkable!
Goodness gracious!! I'm so excited seeing Ms. Amelia Peyton been mentioned here also. Didn't know she has been good to other people too, this is wonderful because I also started with a UA-cam referral like this
Bro keep it free bro
If US policymakers could consult only one economist in the world to guide them through Trump's second presidency, they should choose Michael Pettis, a renowned expert on international trade especially as it pertains to China where he's long taught finance at Peking University. Pettis can tell policymakers specifically how the US can intervene in trade in ways that truly benefit the country as a whole. And he's always lucid enough for laymen not only in his books but also in his interviews and talks many of which are on UA-cam as well as in his prolific blog on Twitter X. Compared to other economists, you can rely more on what he says because it's grounded in history not just theory. A self-described "junkie for economic history," he insists that being versed in economic history is a superpower for an economist. Listening to him one soon learns that the details of tariffs -- exactly how they're applied and to whom -- make all the difference. One also learns that the US would benefit if it placed a modest tax on incoming foreign capital.
Thanks Brent. We had the school Christmas event and while we were chatting, our friends mentioned they had sold out of gold and were guying XRP. 😐
Thanks Brent! President Trump is the great negociator.
Can you talk about what a put and call are?
Also, what is a vic?
I am not a trader obviously. 😅
Whenever someone says they're bearish short term, but mentions they're very bullish long term you can safely ignore the latter part (as meaningless and really an appeasememt and rhetorical insurance tactic).
Its unfortunate that is the conclusion you draw from me sharing my views. I try to be as transparent as possible. And have advocated being long US equities for several years. If I am coming across as a permabear than that is something I need to do a better job of addressing. I do consider myself being perma prudence and perma risk management. But a big part of my thesis is US equities would melt up...and that has happened and I have been long US equities the whole time. Thanks for listening.
@@MilkshakesPodwhen someone is persistently bearish SHORT term across all of 2023 and 2024, then despite vague claims of long term bullishness -- they're a permabear. Otherwise please point to a single episode in these past two years where you expressed short term bullishness.
@@omrit2 Again, I am likely guilty of talking about the concerns over the talking about the opportunites. is it your beleif that I have been short risk assets for the last 2 years?
Oh, right, I forgot all charts since the beginning of charts go down and to the right . . . . forever.
@@MilkshakesPodit's impossible for us to know what your actual position is in your portfolio. I am referring to what was expressed in the podcast each and every episode, which was near term bearish. I also remember the term net-short in most episodes, so definitely not "advocated long US equities". And the "melt-up" narrative is certainly not something you held in the pod, and is attributable to David Hunter, Yardeni and a few others. But again, point us to one single episode where you were bullish short-term.
Trump does or says that he will do completely insane thing
Everyone freaks out
Trump walks back and only does a low to medium insane thing
"Thank god he didn't do the completely insane thing, someone inside must have put some pressure on him. Guess we should take the low to medium insane thing, at least it's not the completely insane thing"
How he keeps getting away with just one tactic will never not be funny
Brent, did you just block me from further replying on our thread here?
That's Mt Assiniboine on the bc alberta border
I totally want western Canada as the 51st state. That would be yuge
Seems like businesses may slow investment in growth and have a more difficult time managing in an uncertain policy environment. This may be politically acceptable but as a business owner or investor there’s also an economic cost.
Great video Brent. Ever read The King in Orange by John Michael Greer? I think he does a great job of breaking down what Trump is doing to people.
Hmmm . So you out of Tesla ?
The only reason to cling to reserve currency is because self sufficiency, while possible, would be extremely painful. US main export is dollars.
So Trumps argument was not serious.
The problem is that when you anchor negotiations in threats and disrespect, you make enemies. I don’t get why that’s a good long term strategy, or even why it’s funny.
Gees, tarriffs work if you put them on in 1985 to stop the loss of mfg. To put them on now only creates inflation, full stop.
The problem then becomes, can the 2 parent working. Loss of wages, already 30% increases in prices be absorbed ?
No... they cannot. I am that family. Ww did pay off everything. House, rental, cars, etc. At same time, income has fallen for 30 years to real costs of real good we either need, or are forced to pay for...
Even the price of a swimming pool pump has doubled. 350 up to 700...
It is ridiculous! Thus, more tarriffs cannot be absorbed in Amrrica. Maybe Canada has discretionary income after 30 years of pounding. We dont...
Amazon offers a 20$ avg per hour wage with enthusiastic TV commercial. You could both work there and not afford a home. Where does the money come from ?
It dounds like you have lost touch with that level of person. Or at least dont keep one close enough to know the effect of rising prices on which is at least 85% of America
Brent, you should put your face on your thumbnails.
everybody tells me this...
Trump is crazy like a fox. I am liking him better all the time even though I had TDS. I followed RFK, Jr to what I thought was the dark side.
If you think markets are going higher why play all these silly little trades? Just hold quality and you'll outperform everyone. It's kind of a the midwit strategy to over complicate things and then either match or underperform the s&p.
Exactly, time in the market, not timing the market. But to answer your question instead of Brent: he's a permabear despite his denials here and is positioned net short, so the vague long term bulishness is merely a show he's putting on so as to seem level-headed and as reputation insurance in case no short term pullback.
10 MOAR STARS! 56°13' OR FIGHT!
Check out Trump's appointee to the FDA. Could be a game changer.
Turning the board upside down is a game changer, it's true.
@@rabokarabekian409 Thanks for noticing
I think brent has been backpedaling for 2 years, and it's been tough on him. We dont care if you called it right or wrong. We still listen what you have to say anyway.
23:50
Another billionaire shilling for Trump.
J/K 😂
Give a like if you got triggered. 😊
Hes been acting like hes president for 30 years. Fox and NBC gave him an audience.
Looks like you don’t understand Chinese, Chinese have moved to Mexica , and the business man have build the business system export from China through Mexica to American
I 🤔duh.
Trump reminds me of a person that would cheat on their test and brag about the score. Even though everyone knows he cheated. It doesn't stop him from bragging about his score.
Why rationalize stupid? I gotta check out on this vid.
His comment about BRICS makes him look pedestrian and draws the worlds attention to a fading cause. Like the left always bitching about Trump actually helping him get elected, this too will incentivise, encourage and redouble efforts. Perhaps we can get him to do something stupid and push India closer to China.
No,.. it makes demcorats look pedestrian. Trump isn't even president yet and he's taking over like Teddy Roosevelt.
Maybe you should read a little.
You call the left's 8 years of lawfare and 3 assasinationattempts.. "justbitching"????
It won't redouble any efforts,.. because they never had a leg to stand on in the first place.
They were impotent.
His comments about 🇨🇦 and 51 first state are just plainly rude from Canadian perspective. It's like listening to Putin interview with Tucker, where he explains that 🇺🇦 shouldn't be a sovereign country. Any time 🇺🇸 needed any help we always were there for you. Btw there are 20K ppl per year illegally crossing the border. That's 55 ppl per day at 5K miles border. Maybe it's time for divorce.
Hahahahaha
Bitcoin
Is the way to freedom.
If you think fiat currencies are bad,... shitcoin is the ultimate fiat currency on steroids.
It's not a store of value and certainly isn't a medium of exchange,... it's a greaterfool ponzischeme.
Brent... it's the CPC, not the CCP. When people use the term CCP, they show they've been propagandized.
Swalwell?
Why do you say Gaetz was a controversial pick? A banana republic like Nauru would consider him embarrassing. Trump normalization has reached a point that people outside (I live in Portugal half of my time) can’t believe how low Americans have fallen in their lack of self respect.
Americans don’t think about you at all
First
Most of Americans ar as smart as Trump, unfortunately.
Hi. Are you making a joke with yourself as part of the punchline? I like to do that and often people can't follow and I often wonder why, but here I am doing the same thing they do by not being able to follow you, right?!
You are saying (without saying) that you are not smart by misspelling "are" as "ar", right?
Does that mean that you are not smart? Or that you are a regular American?
I'd love to know.
Did you maybe not mean to misspell it and now look like a clown while trying to mock others? Ha! That would be funny.
Just some feedback. Love your post. Have a great day.
@@MarcoMasseria Probably he´s not an American
Not most. It was a very narrow POPULAR election. Once again, the electoral system did exactly what it was invented for: to disenfranchise regular citizens.
40:40 ... "Equity Allocation Exposure" indicator ... I've seen BofA or RBC reports that state that this is mostly in the overvalued big names and almost the opposite for EM, EU/UK mkts and U.S. small & midcap cyclicals. It suggests any sp500 drawdown would be in the overvalued but hit all to some degree due to ETFs & liquidity pressures.
.... ALSO.... what the f*** is "Equity Allocation Exposure" ??? WTF is it actually measuring? To be more credible, you need to define what you want to use for your narrative.