Stocks Rebound | Let's a' go!

[00:04] Here we go. Here we go. Welcome on back to another stock market live stream. It to another stock market live stream. It is a Luigi day today. Things are a know, one thing we talked about this morning in the course live a little bit

[00:17] is is the lack of catalysts that we really have between now and the beginning of March. Beginning of March, uh we'll be getting uh ADP uh on the fourth challenger job cuts and uh the BLS labor report between the fourth,

[00:32] BLS labor report between the fourth, fifth, and 6th. Uh my let's see, let me see this really quick. Okay, there we go. So, uh those will be great catalysts, I believe, for actually kind of kickstarting or like, you know,

[00:47] little bit to actually like get this thing moving again. Uh, I think there's a lot of disbelief that we could actually be rounding out on jobs and and growing, I think there's a lot of belief that the numbers are are entirely

[01:01] rigged, which is is possible. Uh, and so I think watching that ADP report next that we get, like what we got yesterday, the 10,4 uh 10,250

[01:13] uh plus what we get over the next few weeks and then of course the January uh or sorry, February job numbers in about a couple weeks uh from ADP. Those will be a good little gut check. You know that ADP report. In fact, let me see if

[01:25] I could see right now what the forecast is on uh ADP uh ADP's forecast because like you know this 130,000 from the BLS jobs was was kind of it was such an

[01:39] outlier like nobody saw that coming. Uh and uh if we go forward a month on the data set, there's really we're really light on catalyst. Yeah, we got the

[01:51] potential Supreme Court decision on Friday, but who cares? We'll have ISM PMIs again on the 4th, but that's also when we'll get ADP. The last ADP report, we only got 22,000. Right now, there's no survey yet. So, we still don't have

[02:05] no survey yet. So, we still don't have an estimate estimated set of data uh for what the February job numbers will look like. But I personally think if we can rebound that uh I think we'll we'll slowly actually see this recovery in

[02:18] whether software stocks or just the broader uh stock market uh which I'm excited about. Uh I do, you know, continue to believe that there there is a risk in in being too exposed to debt in this sort of economy. Uh just because

[02:31] we're so sensitive, right? If for some reason, for whatever reason, uh the you know, the market dives and and we get a bunch of layoffs, we don't have the capacity for a lot of layoffs. There's no room for layoffs uh right now, which

[02:44] no room for layoffs uh right now, which is bad. Uh but uh you know, that job support BLS, if we could keep that that trend going, that'd be great. Hopefully we can. We don't know if we can, but we hope we can. So, uh, we'll see. What we

[02:58] got today is we got a recovery of 607 here, which is pretty impressive. We actually went straight up. And look at that confirmation we even got at 607, that confirmation we even got at 607, which is pretty nice. Uh, so really like

[03:10] to see that. Uh, looks like Sarah Eisen is interviewing the uh, the bros over >> it's really almost where all of a sudden we start pushing an agenda. Our agenda was to to modernize finance to allow that to never ever ever happen to

[03:25] anybody again and to to really lead the way as as America. I mean, look at the broken. You can't send money. It's antiquated. It's costly. You know, it's all of those things. It is a future of finance. We have to be leading in the

[03:39] country is. And uh and we have all the right people. moment. I just had to get my hat, you know, to align with the the title we've know, to align with the the title we've got here cuz after all it's a bee. Uh so

[03:53] anyway, uh let's go uh let's go explore a little bit and uh see what fun things are out there today. White collar joblessness rose in 2025. Look at that. Uh US economy creates plenty of wealth but not many jobs. Right. This this slow

[04:10] but not many jobs. Right. This this slow job expansion is very bizarre. uh and uh I would almost say historically unprecedented. Uh although we got industrial production numbers that came in higher than expected. Let's

[04:22] take a look at this. Was this um I mean these matter a little less, but it is nice to see that manufacturing is recovering somewhat. It's been so bad. Uh and look, yeah, that is the best since about February of 2025. That's not

[04:37] since about February of 2025. That's not bad. Uh and so who reported this? Let me see if I can pull the actual primary source here. So, if we go to today, we

[04:49] get we got uh durables came in negative 1.4% but better than the -2% survey. X transportation actually came in at.9. So, that means really cars probably held that down.

[05:05] I see. Okay. So, this was really our durable order stat. Uh okay. Yeah, here we go. There we go. Industrial production month over month 7 versus4. Nice capacity utilization a little bit lower than expected

[05:20] at uh 76.2, but still uh still decent. Nice. Okay, so manufacturing output which accounts for 3/4s of industrial production rose the most since February production rose the most since February of 2025. The advance was broad and

[05:33] equipment, and consumer goods production. That's great. That's fantastic. Now keep in mind the ISMS and PMIs have told us in recent months that PMIs have told us in recent months that there is a um we've had a lack of of

[05:49] inventory building. So we've manufacturing has kind of gone through manufacturing has kind of gone through this inventory shortage uh in warehouses this inventory shortage uh in warehouses and otherwise which then suggests we

[06:01] should be getting some kind of manufacturing recovery. Now, unfortunately, that doesn't necessarily mean it's a good leading indicator, right? So, let's write that down. Uh, industrial production, and this was for

[06:16] January, right? Let's just verify industrial production January. Yeah. All industrial production January. Yeah. All right. So, um, let's write this down. right. So, um, let's write this down. recall S&P and PMI's

[06:29] recall S&P and PMI's last um 60 days have been flagging a last um 60 days have been flagging a lack of inventory buildup. Uh suggesting lack of inventory buildup. Uh suggesting a manufacturing rebound was on its way.

[06:44] a manufacturing rebound was on its way. Uh today uh we see industrial Uh today uh we see industrial uh production for January is up uh the uh production for January is up uh the most in um you know since February.

[06:56] most in um you know since February. So this could be therefore uh this could So this could be therefore uh this could be playing catchup versus a leading be playing catchup versus a leading indicator. Either way uh it does signal

[07:09] uh bullishness for orders, right? uh especially since it's broad-based. Bloomberg calls it broad-based uh including business equipment and consumer

[07:24] production. So, I like that. Uh it's not bad. It's it's not that useful in my opinion of a leading indicator, but especially, you

[07:37] know, given what we've seen about this the sort of lack of buildup. Uh but this does suggest solid capital investment at the end of last year. Yes. Yes, it does. People got to get their tax benefits. Other reports have

[07:51] indicated manufacturing is poised to pick up this year. Uh output blah blah blah blah blah blah blah. Okay, cool. I don't need to spend too much time on don't need to spend too much time on that. It's pretty more um what's it

[08:03] called? Um more nuanced data point I'd call it. Uh yesterday I was looking for an Apple rebound. By the way, I see that's up here on the um uh on the tape

[08:15] from the NASDAQ because yesterday you had a little bit of a rougher, you know, sort of U-turn on the NASDAQ. But on Apple, what you'll notice is yesterday morning, the reason I went was bullish in my alpha report on Apple yesterday

[08:29] in my alpha report on Apple yesterday was because of the release of the Apple was because of the release of the Apple uh event, right? The iPhone 17e, the new MacBook Pros, the new Macs, right? We haven't had a Mac update in a while. So,

[08:42] I was actually pretty excited that Apple uh could see a nice movement. Uh and so yesterday and that appears to be continuing today. Remember, Apple and and Tesla for that matter. Both Apple and Tesla seem relatively insulated from

[08:59] this, you know, software armageddon. If you look at both Apple and Tesla, yes, while we're off highs, we're doing really well relative to software stocks that are down 50% in in many cases, some of them even more than that, right? Uh

[09:15] so this is great. Uh this is uh this is fantastic. Uh Amazon's free cash flow has been plummeting. We just did some analysis with uh on Amazon as well in the uh course member liveream. Uh, I also in in optimism for the market

[09:32] coming back, we didn't really have uh a a good coupon expiration because I, you know, I left town and we haven't had a coupon expiration in like a month. So, it's been about three and a half weeks, something like that. So, uh the new

[09:46] coupon code is now coupon baby comeback. Uh and so we'll we'll have a price join, you get uh all the nine courses, every trade alert, I'll probably have a trade alert coming out today. uh every private live stream alpha and uh all the

[10:01] check that out at mekevin.com. The coupon is baby comeback. Got to get that then you can join us in that live stream every morning and uh and get that alpha

[10:13] report right where you want it in a PDF or a text file every morning. Some people like the PDF, some people like the text, you know, it just it just depends. You get both. US economy creates plenty of wealth, not many jobs.

[10:27] creates plenty of wealth, not many jobs. Fine. Uh let's go take a quick peek at Fine. Uh let's go take a quick peek at that story. Jobless boom. Jobless boom test the limits of US expansion. Forecasters expect oops uh 2.7%

[10:42] Forecasters expect oops uh 2.7% economic expansion this year. Okay. GDP. So Bloomberg uh says forecasters uh says forecasters expect 2.7% expansion in 2025.

[11:01] Apple Tesla note here. Apple Tesla uh seem so far resilient uh seem so far resilient resilient

[11:16] we're 2.7 employment barely grew combination is joining comp is drawing comparisons to the infamous jobless recovery of the early 2000s that followed the tech bubble collapse. Oh, that's interesting. Uh people comparing

[11:30] that's interesting. Uh people comparing it to jobless recovery of early 2000s after the dot collapse. Now that's interesting. Uh let's go see that. So,

[11:43] non-farm payrolls. Yeah, but you had this giant negative over here. I think it's probably a little too soon to tell, you know? I mean, let's let's blow this up a little bit and understand what they're saying a

[11:58] little bit. I mean, it's it's seems early to call that cuz we're clearly still on this downtrend over here, but let's see what they're saying. let's see what they're saying. Uh, okay.

[12:19] cooking in here. Why? Why is it a clear arrow? I always do red. There we go. All right. So, basically what they're arguing is this was 2001

[12:32] 23. Okay. So, this would have been the bottom of the market. Just it's I think it's worth aligning where the bottom it's worth aligning where the bottom was. Okay, this is when uh Fed money

[12:44] was. Okay, this is when uh Fed money printer starts. Okay, right here. printer starts. Okay, right here. And that would be about March 2003. Okay. And then we have the money printer

[13:00] Okay. And then we have the money printer started in February of 2009, right? Fed money printer starts Fed money printer starts Feb 2009.

[13:17] here you know the money printer also started and that would have been March of 2020. Uh March 2020. Okay. So this is where you get the money printer, right? The money printer tends

[13:34] to generate jobs. The money printer creates jobs. Okay. So The money printer creates jobs. Okay. So now

[13:49] color here. Uh let's see here. Give me some text Uh let's see here. Give me some text and let's go with blue. Okay, perfect.

[14:02] The problem we're nowhere close to the money printer, right? Uh Bloomberg is telling us people think

[14:20] this will be like the jobless recovery starting in 2003. recovery starting in 2003. Okay. problem is what's different except we have no money printer this time. Uh

[14:35] and it's not clear we've actually bought him uh with jobs. All right, let's put it right there. Uh also right there. Uh also not clear we've actually bottomed

[14:52] on jobs. Okay. So, now let's go slap in an arrow. Okay. So, now let's go slap in an arrow. Uh, this one should be blue. Uh, not that blue. There we go.

[15:08] Okay. There we go. I see what they're saying. You know, they're looking at this boom in GDP

[15:22] right here with negative jobs. But but this also started Oh, I should also put uh the government bailout. The first. Uh let's do

[15:38] government bailout. Let's go with orange. Right. We could go right here. That was like

[15:52] third quarter Q3 government stimulus. It always takes until the Fed to really get everything cranking. Oops.

[16:09] we go. Q3 gov bailout which was very similar to right here.

[16:23] which was very similar to right here. I'll make that a little smaller smaller cuz they tend to have a smaller impact anyway. There we go. All right.

[16:37] So, um, well, it is interesting because you do have that that GDP growth that looks nice. Now, it's real. So, some of that could be because of of a decline in inflation as well, which I think we'll

[16:53] see more of a decline of inflation, but I I do think it's pretty clear that it's hard to say that for sure is this support line of the labor market zero. support line of the labor market zero. Uh but hence why I think next uh next

[17:07] month's data will be quite useful but I think that's a useful chart. All right. Uh we'll call that uh the jobs chart versus GDP.

[17:20] versus GDP. Okay. Let's see what else we got. Divergence has never happened this far into expansion. Wow.

[17:32] interesting line. Uh, we could actually slap that chart up. Uh, GDP to jobs gap. Uh, largest divergence

[17:47] ever. That I believe. That I believe. Okay,

[17:59] Now we got the little chart there, too. Remember, if you want this chart, uh, you could steal it from me. Just go on the Meet Kevin app. Uh, and you could whatever you want to do. It's free on the Meet Kevin app, bro. It didn't cost

[18:13] have to join the courses to have the Meet Kevin app. You get the daily wealth every day, too. That's fun. One major difference between That's fun. One major difference between then and now.

[18:28] recession. This time the jobless boom is happening without one. Marks the first happening without one. Marks the first in a post-war era. Aha. in a post-war era. Aha. Uh first time this divergence is

[18:41] Uh first time this divergence is happening without recession postwar. We've never seen anything later in an expansion like we are seeing today. And that's what makes it so unusual and hard to judge about where we're going. At the

[18:55] one-legged stool, which might not be the most stable place. I agree with that. to put it. Like, we could just get blown over pretty easily. KPMG uh economist

[19:10] want a a onelegged stool. How stable are we? Interesting. Trump say the union data out Wednesday

[19:22] confirmed business investment and to 2025 on a high note manufacturing output rose in January. Trump and allies are urging the Federal Reserve to cut rates. anytime soon with that January jobs data. Economy today is starting to look

[19:36] less like the one in the '9s than what came after. Uh which then Bernanki identified the jobless recovery. Uh much like the nationwide headcount flatline to 2025, broad-based hiring

[19:51] pullback. Big focus on Bernanki speech was the loss of manufacturing jobs which decline. Major blows from China. Between 01 and '05, the segment of the workforce employed in workforce and office roles experienced job losses of a similar

[20:04] scale to the tech boom. So kind of what we're seeing now maybe with AI, huh? Uh well maybe some extent. Chief US economist at Oxford drew a parallel

[20:16] caution that led to the jobless recovery in the early 2000 or conditions that led to the jobless recovery in the early 2000s are aligning such as overhiring, technological advances, increased policy uncertainty. This leaves the economy

[20:30] market is the main firewall against a recession. Yeah. So, so I think that that's a fair way to put it. It's like vulnerable but optimistic, right? Is is

[20:42] the way to put it. Okay. 2000's episode. The pain of unemployment was spread across the spectrum. Educational this time it's college educated Americans.

[20:57] Battle of AI blah blah blah. Office workers laid off from her job as a contractor in a call center. helped military service members sked schedule mental health assessments, handled after hours calls from suicidal individuals.

[21:11] Now they're looking for similar work and it's been quite challenging. I'm sure it'd be really hard to get a job right now in the call center with you know now in the call center with you know artificial intelligence unfortunately.

[21:30] 2025 working in the office. Investors are reaping the benefits of the cost cutting. That's the thing. It's like margin expands, right? So, like margin expands, right? So, uh

[21:46] the Me Kevin app. There are no ads on the Me Kevin app. Uh no, there are no ads there. I don't make any money from you. I I I'll just be transparent with you. My hope is that if

[21:59] you download the Meet Kevin app and and you get all my news for free cuz it daily wealth every day that you fall in love with Kevin and you know buy the courses and invest in Houseack in the future. There's no investment right now.

[22:13] That's it. So there's there's no there's no ad. We're not selling your data, you know, like there's there's none of that. Uh so I I mean I think that's a fair you know, you're not committing to anything. But yeah, that the uh Meet

[22:29] Kevin app, it's free on uh Android and Apple. Just type in Meet Kevin. Uh, and the notifications the way you want them, too. Like Kevin, I don't care about the that notification if you don't want that. I usually send it at night, you

[22:43] know, right before you go to bed, you get the little daily wealth. Uh, let's see here. Blotty blahy blahy. Okay, so we saw this. unlike anything before. These are just little quotes from individual people which matter less

[22:56] because they could be cherrypicked. Outlook is for continued studied aren't optimistic that rising productivity can carry the US economy if not passed on in the form of higher wages. That's something to look for. Uh,

[23:10] one economist warns, "Watch uh for uh labor uh wage growth to keep supporting the economy or not?"

[23:25] Uh, is there a short short section in the cap? No. Yeah. Yeah. Yeah. Yeah. Cool.

[23:41] I have the app. I appreciate all the info. It's just a lot you are providing us. Just thought you're gaining out of it. I'm gaining hope. That's all I'm gaining is hope. But I'm okay with that. That's We're

[23:53] playing the long game. Uh, economic growth will be slowing markets. Maybe. Maybe. You know, that's that's

[24:05] the other possibility is like can it can the economy slow bleed? You know, uh I'm going to write that down as sort of an opinion. You know, could the uh could opinion. You know, could the uh could this be the longest pending recession

[24:20] this be the longest pending recession ever? Uh where we, you know, slow bleed uh the labor market over years, you know, starting know, starting uh U-turn started in 2024.

[24:35] And it takes years, you know, who knows? It could be 2028. It could be 2029. It could be 2028. It could be 2029. Nobody knows. Nobody knows. Nobody knows. I don't know anything about Evercore. Evercore.

[24:49] Evercore. Q4. Uh, all right. So, what else do we have here? Hasset attacks the New York Fed for study on burden hitting US. Well, Hasset Hasset's an idiot. Okay. So, I I trust

[25:06] the Fed Bank of the New York way more than Kevin Hasset. So, what did the study say? So, I don't even care about what Kevin Hasset said because he has he has a job to dump on anything that's bad. Oh, look at that. Wow. What a

[25:22] surprise. What a shocker. US firms paid nearly 90% of 2025 tariff costs. New York Fed study found. What a shocker. found. What a shocker. New York Fed uh this roughly align with

[25:37] New York Fed uh this roughly align with estimates last year from Goldman Sachs. So you kind of get a private fact check. New York Fed says about 94% of tariffs New York Fed says about 94% of tariffs were passed through to US firms and

[25:50] consumers in first eight months of the year. Uh 86% passed through by November. So, average 90% pass through. I totally

[26:02] believe it. I actually You ready for a hack? Uh here's a hack. Um uh my hack. hack? Uh here's a hack. Um uh my hack. Buy refurbished products like vacuums,

[26:15] Buy refurbished products like vacuums, go-karts, etc. So, I got like a Dyson vacuum refurbished and it was like massively less expensive than the new one. Same with a go-kart. Massively less expensive. And I think it's because it's

[26:29] already state side and you're avoiding the tariffs, right? State side uh and the tariffs, right? State side uh and avoiding tariffs maybe. Right. It's just an interesting idea. Like I I usually just buy new stuff, but like the wedge

[26:43] between new and refurb these days has gotten huge. It's crazy. gotten huge. It's crazy. Uh let's see here. Lib day, blah blah blah blah blah. Okay, whatever. I mean, I I don't need the

[26:56] researchers analyzed the statistical approach. They blah. That's how they did. Okay, it's fine. We get it. And then Kevin's pissed. Okay, whatever. Moving on. Open AI anthropic deals power.

[27:13] No, their deals power Abu Dhabi's $1 billion AI bet. Got it. Okay. billion AI bet. Got it. Okay. $10 billion annually.

[27:25] at using computers." Oo, I think Cla's pretty good. Code everything.

[27:37] Better at using people's computers in complicated ways. Mhm. Sonnet 4.6, set to be rolled out on Tuesday, can carry out actions on a computer that out forms and coordinating information across several browser tabs. Oh, that's

[27:51] brilliant. It's very useful. The model still lags behind most skilled humans, right? So, it's just going to be slower for now, but the rate of progress is remarkable nonetheless. Yeah. Yeah. Sure.

[28:11] control these apps need over your computers, though. It's almost like you need to use like a special AI bot that doesn't have your info on it. Uh because you you have to give them like endless permissions.

[28:29] All right. Carney uh Brazil fine US investors gloomy on France London there. Evercore to explore sale firm Hollyport hires Evercore. Oh Somebody was asking about Evercore. I don't know anything about him.

[28:45] don't know anything about him. PE goes big on wealth advice firms. Oo. Trump is going to use all that dry powder or enable all that priv dry dry

[28:58] powder or enable all that priv dry dry powder to fly into AI.

[29:13] marketplace, monetize the 401. Yeah, exactly. They want to monetize people's 401ks. Yeah, totally get that. totally get that. Yeah.

[29:30] Yeah. That's very interesting. All right. What else? Jan online shopping could be the next AI victim. Oh, no. Palanteer moves to they've recovered. They were down like 9% this morning.

[29:52] Uh, let's see here. Nvidia sells off stake in ARM.

[30:08] of the iPhone 17 reveal. Yeah, I think what is it? March 4th, millennials melted their brain with screens. Their kids want none of it. What? Look at that. Hold on. But let me see. Oh, March. Oh, Pixel 10 shipments

[30:23] start on the 5th. That's a day after I'm pretty sure the Apple event. Smart. Okay. So, what's this?

[30:35] phone. Many parents, including those, are access to screens. Some pledging to keep their kids off smartphones until 8th their kids off smartphones until 8th grade.

[30:50] blah blah. Okay, whatever. Pretty sure kids still like iPads and phones. All right. Uh, let's see here.

[31:02] What else have we? Chen Alpha is helping revive China's struggling malls. I remember the good old days at the mall. All right, SpaceX dual class shares. Yeah, we talked about that before. Elon needs your money.

[31:19] All right, let's go to the info. Oh, did we lose 607 on the Q? It's always at lunchtime. I'm going to have to take my hat off. hat off. Uh, where are the Q's? The Q's.

[31:35] Oh, look at that double bounce. That's really nice. Yeah, look at that double bounce on 607. That's really optimistic, by the way. That's great. Tesla gained 41450, which is great. Where's my other signal? I got

[31:49] Microsoft and AMD as other trade signals. Yeah, both of them both of them surpassed my trade signal. That's pretty bullish. It's 400 on Microsoft and 200 on AMD. Both of them were quite well below that this morning. I mean, AMD was

[32:03] below that this morning. I mean, AMD was down like 3 and a half%. So, it's pretty good. Somebody writes, "I miss Smalls." Yes. Yes. Kevin, what do And I think you really got to identify like what is AGI? Like I don't actually

[32:17] think uh we're anywhere close to like actual consciousness of these AI things, actual consciousness of these AI things, but um they're very useful, you know, they're they're extremely useful. And um somebody who's really skilled at using

[32:31] AI uh can can do a lot of damage. You know uh can can do a lot of damage. You know um you know like a quick tip for example you know a lot of people they'll take you know 10 different PDF documents and

[32:45] throw them into one chat window. You'll find if you throw those 10 PDF documents into 10 different chat windows with no memory enabled you'll get way better quality results. Huh. Free advice from me, Kevin. Okay, so

[33:01] me, Kevin. Okay, so let's see here. What in earnings? Anthropic expects to pay Amazon, Google, Microsoft at least

[33:16] 80 billion to run Claude. Uhhuh. That's not the only way tech giants can make money from Anthropic. They get a cut of revenue. if customers buy the AI. Mhm. Oh, that's cute. Well, that'll be

[33:32] cool as long as it doesn't get commoditized.

[33:45] Now, that's interesting. What's with everybody calling code red? learning. What does that even mean? Perplexity ends ads experiment. Oh,

[33:59] that's interesting. I want to see that. Uh, sure. Yeah, I should. Um, uh, okay. So, Saudi Arabia Humane said invested 3 billion in XAI before the SpaceX mergin.

[34:12] Wow. Interesting. And fundraiser shows defense stock resi pays 20% to Microsoft Anthrope. Okay, let's go into this. So Pinterest, what

[34:25] do we have here? For the past three years, Pinterest CEO appeared to have secured a second chance for the traffic blah blah blah sales down even before the Okay, I just want to read the red the AI this part here.

[34:39] What is this? So since January, Pinterest has initiated a series of code red projects to accelerate key metrics like user and revenue growth, blah blah blah blah. Pinterest

[34:55] has also been pushing staff to quickly incorporate AI tools. Okay, fine.

[35:13] is that users don't check the app as often compared to other social media apps. Right? Like I think that the tough thing about an app like XAI is getting people to continuously uh

[35:27] open the app, you know, like if you use XAI, you know, you might be in this place where you just open it naturally every where you just open it naturally every time you're bored. uh and or or X I

[35:40] guess Twitter, right? And I don't think Pinterest really benefits from that. How do you get people to do that? That's hard. No, I can see that. Okay. So, what is this? New holy grail has emerged in the AI industry. Continual learning. The

[35:53] promise of AIS that's able to learn from real world experience the way humans do without having to go undergo um training processes. Yeah, I doubt that because it's mostly as soon as you you get as soon as you escape escape pattern

[36:07] recognition, you get into hallucinations. most important unsolved research problems in AI has caused a lot of startups to orient their narratives and pitches around continual learning. Blah

[36:22] blah blah blah blah. Uh, open claw help blah blah blah. But a model needs to remember something isn't exactly what people think of super isn't exactly what people think of super intelligence, right?

[36:37] Blah blah blah blah. Okay, this is boring. Boring. Perplexity is no longer offering ads. The AI startup is pulling back from ads as it started showing its users ads in GPT conversations earlier this month.

[36:52] would undermine trust in the platform. Yeah, I agree. The challenge with ads is that the user would just start doubting everything. Yeah, totally agree with that. Totally agree. And and that's why

[37:06] that. Totally agree. And and that's why I think it's so dumb uh that um GPT is trying to do this, but they need the money. They're they're running out.

[37:32] Wow. All right. Well, first ad experiment fails. What else? What else have we how one investment firm is using it?

[37:48] how one investment firm is using it? because I don't care. because I don't care. Let's go to the FT, shall we? Lagod MAGA will regret Europe's hard right. The truth about population decline.

[38:01] The truth about population decline. Trump administration reverse his move to block Mura flu vaccine trial. Zuck to testify. Social media trial. Big deal.

[38:14] deal. To track economy in Cuba. plans branch opening spree as peers bet on in-person banking. Oh, is this true?

[38:28] Are people going back to like the inperson the physical multi-billion dollar investment into a brick-and-mortar network that reflects a brick-and-mortar network that reflects a broader bet by US banks on the enduring

[38:41] fondness of in-person banking. Really? It's like the opposite of the postcoid, right? Wow.

[39:08] markets is a critical part of deposit share. I see. Yeah, I mean, if you have a convenient bank nearby, I could see that. I still, you know, Mercury uh they're they're the ones that uh that I like. Do I still

[39:22] done, right? That you can go to met Kevin.com/bank or mekevin.com/bank. obviously, but I think you get some money if you you sign up with it. But, uh Mercury, they did this interesting thing. Their business banking is free.

[39:37] So, like a wires, everything's free. Then they came out with a personal charge 20 bucks a month for it. I'm like, "Guys, this is dumb. Don't do this. This is dumb." So, I just got an email from them this morning that I

[39:52] what. I hope it is, but I got an email from them this morning that they're going to make personal banking free if you have a free business account. So now

[40:04] you actually have a really good banking product, I think, at Mercury because now that's free and the personal banking side that's free. Kind of clutch. Uh I'm I'm I was really happy when I saw that email this morning. It's, you know, it's

[40:19] an affiliate link, but they didn't tell me to say that. I just saw the email and I'm like, "Oh, that's cool." Uh I always want to be transparent. Trump ad. Okay, we saw that. That's boring. What do we got over here? Uh, we've got nothing.

[40:35] got over here? Uh, we've got nothing. Nothing. Nothing. Oh, FT is boring. Nothing. Nothing. Oh, FT is boring. Okay.

[40:49] Looks good so far. Look at that. Right. Double bounce on 607. Really glorious today. What a rally. You're even getting the infrastructure plays all rallying the infrastructure plays all rallying today. Uh, PayW is recovering

[41:03] really good. Even Red Robin is back to a $60 million market cap company. That's crazy. Pull up. Do we still have that sound We got this one. >> Sync rate. Pull up.

[41:17] >> There we go. Did that work? I don't know. I don't have my headphones on. All right, let's go to Zeno. Let's see what Zeno has today. perfect right now because everything like we made this coupon code called

[41:32] daddy come back. It's kind of perfect because now the market's coming back or baby come back. Oh, it should be daddy come back. Should it be baby comeback? It's baby comeback like the song. I wonder if it's daddy

[41:44] come back. Ooh, maybe it should be that. Anyway, guess it's baby come back. All right, so big tech is buying up land and home builders can't compete. Yeah, that's a problem. So that makes more unaffordable

[41:59] housing, which actually makes real estate even more valuable.

[42:18] This was interesting. in New York. Uh if if the income tax doesn't go up statewide, Mandani says he wants to raise property taxes. It's like 9 to 10% or something like that. Uh that's an interesting strategy. Like in

[42:34] California, you have a limit on how high property taxes can go. So you can't have a mayor or a governor do that. But apparently you don't have that limit in New York. So that's that was a little surprising

[42:46] So that's that was a little surprising when I saw that. Uh this is terrible. I've gone skiing out here, but this nine skiers missing after uh it's a truck an avalanche and truckucky that happened. I've gone

[42:59] skiing there a lot, but they went off uh the resort. So they were like backcountry stuff. They had some kind of tour or whatever going on. Uh it's terrible though. It's quite scary. Nine people still missing.

[43:12] ain't good. It's not good. Uh, okay. So, what else? Ace a job interview with AI.

[43:27] Wait, I kind of want to see this. Are they going to say, you know, put uh and on screen now to make it look like you're not cheating, but you're totally cheating. That's hilarious.

[43:41] That's hilarious. Let me see if they ref reference that. Better get used to being interviewed by AI.

[43:55] Wow. AI video interviews. Tip candidates typically see a screen with a written question, their face in a camera frame. Sometimes the question will require a typed in or multi-choice response rather than a video answer.

[44:10] you? What approach would you take to identify the root cause of $100,000 variance during the consolidation of three inter international subsidiaries? You may have just one opportunity to re-record yourself if you flub that.

[44:24] There's no taking it back. Jeez, man. Rehearse beforehand. Avoid keyword stuffing. Maintain eye contact. Executives from AI

[44:36] don't generally score candidates based on eye contact or facial expressions, but since a human eventually will review your interview. Career consultants and recruiters advise looking directly at the camera. Wow.

[44:49] the camera. Wow. Dress appropriately. Check your tech. Muffled audio is fatal. If the system can't transcribe you accurately, you get zero on that question. Wow, that's actually quite interesting, man.

[45:03] I don't know how I feel about getting interviewed by um how does this differ with interviewing I don't know what that person's saying. Uh that is quite fascinating. The AI interviewing being interviewed by a bot.

[45:16] Man, that's got just got to be weird and depressing. A little like 1984ish, you know? So, all right. See what else we got. Uh, Sony says, "Never trust a tour guide

[45:32] when it comes to personal safety." Ouch. Uh, 15 minutes. Oh, yeah. You could probably do that. You know, like adjust your

[45:45] do that. You know, like adjust your resume to align with whomever you're um being interviewed by. That's very interesting.

[45:59] Netflix Warner Brothers deal? No, I don't.

[46:14] that's the probably unfortunately the worst thing you can do because I think to and then when you get that human person to review your interview, they're going to be like, why do I need to hire you? I'll just hire chat GPT. Like I

[46:27] you? I'll just hire chat GPT. Like I have I have fired people for not using a brain beyond AI. Uh and then I have also not hired people for using a brain not hired people for using a brain without AI. Like I have seen uh you know

[46:42] various different third-party contractors apply for jobs and it's so obvious they just use AI and I'm like what do I need you for? If you're just going to use AI and copy and paste it and not even try to make it look like

[46:57] you're a thing, what do I need you for? I already have AI. I need somebody with a brain on top of AI. Right. So like you're going to get a job. I I yes, you should use AI, right? Uh you shouldn't be a lite, but you should have enough of

[47:14] results that artificial intelligence is giving you and then curate what you're otherwise, if you can't curate the results, what good are you? You're literally replaceable. Financialization of AI is just getting

[47:29] Financialization of AI is just getting ready. Oh, what is this? job with Claude basically coding a fairly decent app?" Uh, no. I actually don't. I think you same thing you need like a good developer using AI can be a

[47:47] great developer. You can't only use AI because then that anybody can do. You know what matters? what matters for a a

[47:59] you know, we work with what is it like nine software developers for for the reinvest AI because we have a really big release coming up with uh and the price comes up, but we have a really big release coming up in the second quarter

[48:14] for the Reinvest AI. So, the Houseack AI, here's our development phase. We're in the public beta. Well, we're really in like alpha and beta access. We're the second quarter, we're going to release our valuation AI. That's huge.

[48:28] And so, we have nine developers working on this. It's a lot of work. Uh, working on this. It's a lot of work. Uh, you know, like a good developer

[48:40] weaponizing AI is worth their weight and gold. Somebody only creating AI slop and not being there to adjust that final like even if it's just the final 3%. Uh, if somebody's not doing that, you just have AI slop. That last 3% is worth

[48:55] everything in my opinion. You can also use the coupon code baby comeback if you want to buy the lifetime access to the AI. I think once valuation AI comes out, that's when we're going to switch to like probably 299 bucks a

[49:09] month or something like that. So, if you want to get lifetime access for it, I'm shooting ourselves in the foot a little bit selling lifetime access to the real estate AI because we only make money from you once. But then in fairness,

[49:22] like you guys are also like believing in me before the valuation AI even comes out. So, I kind of feel like it's it's like fair game. Uh like you win, I win. Uh and then in the long term as we sell, you know, on a monthly basis, you look,

[49:36] everybody else is paying two 300 bucks a month or whatever. Well, that's the thank you for you uh you know believing in the product uh before it was fully out anyway. Okay. What is this? The financialization of artificial

[49:50] they talking about? Get ready for a new wave of securities, hedges, and American tax companies are set to make 700 billion in cap X. Right, right, right. Oil and gas industry invested $570 billion into exploration last year.

[50:07] Oh, wow. That's a great comparison cuz I always think about oil companies as like always think about oil companies as like so capital intensive. It's crazy. Yeah. You have to be careful about like, you know, these these people

[50:21] a single line of code myself." There's a lot of marketing going on on X. And a lot of it can actually deceive people into installing, you know, malicious

[50:34] into installing, you know, malicious software into their um uh into their computers. And so there's and you know what fishing is getting really bad. Okay, I I'm sorry I I go down these silly rabbit holes. We'll get

[50:47] back to that article there, but this this was crazy how good they're getting. We literally opened escrow on a deal yesterday. Okay, crazy timing. So, we opened up escro. We opened escrow on a deal that we were buying yesterday

[51:01] and I get this email and I don't click links. Like, I'm just I am brutal when it comes to not clicking links. Like, people will send link to this picture of this problem I'm having. I sorry, you're going to have to

[51:17] use words to describe. I'm not doing it." Um, so I got this. Now, this was very interesting to me. So, I opened escrow on a deal yesterday,

[51:30] right? And it's a short close and this is what the email looks like. Hi everyone, for review attached as the settlement statement for Thursday funky. You see that miss that extra space there right there before the

[51:44] period and then it should be a like apostrophe s right for review attaches a closing. But if you look at this on a glance at a glance, oh, HUD settlement. Oh, I want to click that. But wait a minute, we don't we don't on most

[51:59] transactions. We don't use HUDs anymore. Uh, so we don't call them a HUD settle head of settlement statement anymore. That's old school. That's like 2008, you know, pre-DoddFrank stuff. Uh, we have the closing package from lender and are

[52:12] well, we're not even using a loan, you know. So, that's when I'm like, okay, hold on a sec. This is a fishing scam, isn't it? Then I look at the email. Look isn't it? Then I look at the email. Look at the email c whatever at

[52:25] at the email c whatever at marie-enluke.fr. I'm like this is a total scam. Yet they're coming across as a realtor

[52:37] uh you know with Better Homes and Gardens real estate, whatever. Like this Gardens real estate, whatever. Like this is 100% a fishing scam in my opinion. 100%. So, you know, I don't I don't click on any of this crap, but my point

[52:51] of saying this is they're getting good. Like, at a glance, when people are going through their phones or their email fast, these people are getting good at at like just the timing of like here's your settlement statement just like the

[53:04] day after we open escrow on a deal. It's like it would make sense to click on it, some kind of like, you know, log in and give up your pass key or whatever. It's click links and you can't have a problem. You can literally you can't

[53:20] know, if you just go to things directly. But it's it's bad. But it's it's bad. Um

[53:34] company. One popular fishing email now is your name is in the Epstein files. Users are clicking. That's hilarious. Yeah. Well, most people are, and I hate to say it, most

[53:49] people, I would guess 90% of people are going to fall for clicking on links. And you have to be so allergic to clicking on links to not fall for it. Like, I've gotten banking emails, you know, refund emails, transaction emails that

[54:05] literally align with stuff that we're doing, and I'm just I'm not clicking in directly, I ain't clicking on it. I don't care if it takes me longer to there's just too much at risk if you lose access to your email. Um anyway,

[54:21] yet in another sense, data or at least uh chips uh lag far behind oil. GPUs are uh chips uh lag far behind oil. GPUs are a tiny fraction in financial markets. Blah blah blah. Practically no market for GPU derivatives. Blah blah blah. Oh,

[54:36] derivatives. Fintech Yeah, that's not going to be a bubble. Derivative contracts that play out if

[54:51] Derivative contracts that play out if prices fall on GPUs. Oh my goodness. Somebody says, "Is the tokenization of real estate legit?" There's really no it to you straight. Okay. There's really no difference between a token and a

[55:06] share. Both have to be registered by the SEC. It's just really where it sits, right? A token sits on blockchain. Uh but it has to be dual registered as a share anyway to sit on some, you know, um transfer agents ledger basically,

[55:23] which is like a spreadsheet. So there's really no problem with tokenizing things. The problem is most of the time when people do tokens, the underlying value I think gets distorted, you know. So, so look at

[55:39] it this way. Like if somebody comes to you and says, "Hey, uh, you know, Walter, I'm going to sell you 1% of a $500,000 house." Okay? 1% of a $500,000

[55:51] house. You, as an investor, you should know that's worth $5,000. But instead, what the scam is, in my opinion, is people are going and saying, "Hey, buy slices, buy buy tokens

[56:06] slices, buy buy tokens uh of this real estate." uh only $10,000 uh of this real estate." uh only $10,000 per token. Uh and then in fine print, it per token. Uh and then in fine print, it represents uh 1% of a 500k house. And

[56:20] now all of a sudden it's like, well, that means you're paying $1 million. You're paying, you know, 2x basically in that example. So you really have to details of it when you're getting into that the token stuff. So like, are

[56:33] tokens a scam? No. Can they trick people? Absolutely.

[56:46] would like to buy all access. Do members get a discount? Yeah. Uh just email us at [email protected] and and we'll take care of you. That goes for anybody. If you're an existing member, just uh email us [email protected].

[56:59] member, just uh email us [email protected]. >> Email staff meetkevvin.com. >> Email staff meetkevvin.com. Coupon linked below. >> I think that Kevin's a brilliant guy, and I think that we'd we'd we'd all be

[57:15] and I think that we'd we'd we'd all be very lucky to have him. >> All right, whatever. This is dumb. Uh, let's see.

[57:32] you're talking about the fishing fraud. Not really. I mean, I do think like Google has an email. I think it's like [email protected] or whatever, but I think it matters. I think you just need to hit markus spam and move on.

[57:48] Other way, you'll go crazy trying to report how much of a scam there is out there. Like that's why I hate Discord. You know, Discord's very dangerous. And so, you know, in the Meet Kevin heaven app, we did a little community tab

[58:00] instead because if we can control that, uh, and there are no like cuz what'll know, different parts of the world, they'll download all the users in a Discord and they'll message them impersonating the owner of that Discord

[58:14] to build a relationship with you. And then they try to extort you for lots of whatever. They do it with a lot of people. Robin Hood state is coming for the rich. What does this mean? Take from the rich

[58:27] and give to the poor. Inequality is growing. Blah blah blah blah. Yet counterveailing trend. As pre-tax incomes have become more unequal, tax incomes have become more unequal, tax codes have become more progressive.

[58:51] okay. Whatever. All right. Let's see. What else have we All right. Let's see. What else have we addicted to your phone? Try bricking it. that. Should you rent or buy? Uh if you're going to It depends how much

[59:06] you're going to finance. In a lot of markets, I think it makes sense to uh to rent in a lot of markets. Cheaper to buy, cheaper to rent. Yeah. What a surprise. Look at that. Utah.

[59:21] Everything over here. pretty much cheaper to rent. I agree. cheaper to rent. I agree. Here's Wasach County. Renting is 1.9x agree. They're comparing it to mortgages. Same thing in California 1.2,

[59:38] Los Angeles 1.5, Kern Santa Barbara 1413, Palm Beach buying is a little cheaper. Oh, that's interesting. Look at this cheaper to buy. Yeah, cuz well, they had a price correction. You know, a lot of

[59:52] this southern belt actually had a price correction. That's quite nice graphic. Fancy graphics, huh?

[1:00:09] But again, they're comparing to mortgages.

[1:00:30] Let's see. Let's see. What else? What else? What else?

[1:00:45] Nope. All right, let's try the times. Boring. top of this line right now, which is pretty nice.

[1:00:59] to um 608 level that Tesla's barely holding on to its line. And if I take a peek at MSFT, h they're holding the line. AMD is holding as

[1:01:11] good. What' I get Lauren for Valentine? You know, we actually don't do gifts for each other. Um like scheduled gifts. So

[1:01:23] like I know this sounds this sounds crazy, but like birthday, Christmas, Valentine's, any kind of like scheduled gift, we we don't do it with each other. Uh instead, we'll do like, you know, little random surprises whenever we feel

[1:01:38] little random surprises whenever we feel like it. Uh because we found that the stress of like oh this upcoming holiday what if I get something they don't like or like you know what do they actually really need that they haven't already

[1:01:50] bought. We actually found it just created more stress for our relationship constantly trying to gift buy. I mean like think about it like I first of all I refuse to do any gifts. Uh like I I can't do it. Like I'm a very bad gift

[1:02:04] buyer. Uh so I like experiences. I'd rather invite somebody to a, you know, than than try to figure out gifts. I can't do gifts. So Lauren does gifts and stuff like that. But for each other, we just cut that out. Like there's no

[1:02:19] we just cut that out. Like there's no point. We share the gift of time. Uh but there's there's so many reasons. Oh, your your uh wedding anniversary, uh your you know, relationship anniversary, Valentine's Days, birthdays, uh so many

[1:02:35] Mother's Day, Father's Day. H it's too much, man. I I can't No, I don't I don't have the patience for that, man. I got a job to do. Sorry, that's a little rant.

[1:02:56] been waiting for has arrived. Oh, really? Um, is there really nothing fun going on right here? Um, let's see. Compromise top blah blah blah. Yeah,

[1:03:11] there's really very little going on. Uh, all right. Somebody says, "Get her flowers. Huge ROI." Yeah, there's actually a negative ROI. Lauren is allergic to flowers. So, I give Lauren flowers. she she gets

[1:03:24] like, you know, she'll break out and be like, "You asshole." Uh, so that doesn't work either. Uh, so instead, what I do is I'll I'll like grow maragolds and I'll like grow I'll plant them by the front door. She does

[1:03:37] plant them by the front door. She does like that. Um, it searchable website tunnel blah blah blah. A few minutes I get to see all my

[1:03:51] type fast enough, I could issue another prompt. By the time I get home, a little feature in a music app, a search tool, or some tiny game. It's called vibe or some tiny game. It's called vibe coding. Uh coined by Carpathy.

[1:04:05] coding. Uh coined by Carpathy. Software prompts. Blah blah blah.

[1:04:17] a whole designed website and app. Yeah, I mean it's fine. uh for for plenty the plenty of things is very useful going to market answer is no uh software stocks have lost trillions this is true why will anybody need

[1:04:32] legacy software when AI could do it personally this all feels premature but it I agree with this so far when you look at a large language model slice expensive problem like migrating data from an old to a modern one you feel the

[1:04:46] from an old to a modern one you feel the earth shifting blah blah blah Um,

[1:04:59] the last price, let's see here, blah blah blah. Let me get to the point here. $200 a month plan with Claude. Yep. Uh, some companies think ABI AI will create tons of jobs. Is software I'm making for myself on my phone as good as a

[1:05:13] handcrafted bes bespoke code? No, but it's immediate and cheap and the quantities measured in lines of text are large. It might fail a company's quality deadline. Yeah, that's what makes AI coding such a shock to the system. I

[1:05:26] agree with that. Just that that like desktop productivity. I agree with that.

[1:05:48] the expensive bureaucracy around coding to determine what a product ships goes poof? Doesn't that mean that doesn't mean software will be good? But most means that products could go to the market very quickly. Yeah, I agree. But

[1:06:04] they need to be good products. A lot of users is going to be fine. They don't judge the AI code, vibe code, blah blah blah.

[1:06:20] Excited developers, successful coding, open source, blah blah blah blah blah. So what's this? What's their bottom line here?

[1:06:33] software platform helping clients navigate. It sounds like the perfect perfect job for the moment. No. Every six months, every 6 months some new AI bomb goes off in our industry and we have to metabolize the change, reset our

[1:06:46] product, change strategy and marketing and adapt at a great expense. Our road map gets pushed back as a result of all this progress and everyone is fried. man. There's like nobody competing in real estate. I I honestly think real

[1:07:01] estate is like shooting fish in a barrel. I freaking love it. Um because people don't like physical, you know? It's it's hard renovating building. It's a pain in the freaking butt, you know? I mean,

[1:07:15] butt, you know? I mean, I have some video here. Sure. I do. I have some video here. Sure. I do. uh touring homes with these builders and uh I mean understanding all of the

[1:07:31] the the the details uh whether you know what what kind of tong tongue and groove lumber where what's the highest ROI wood windows painted black with aluminum cladding on the outside versus aluminum throughout for a thinner profile what

[1:07:45] about ACM and the fire risk from the London Tower power fire, uh, you know, ski and ski out lots. What about um, you know, whatever the designs, the locations, whatever it's, you know, do you want concealed hinges in your doors?

[1:07:58] It's it's really incredible. This house hack's building a few speckomes. Uh, so it's um, you know, it it's it's a lot. It's why people hate building, but I love it. Uh, let's see here. Industries range.

[1:08:13] Let's see here. Blah blah blah blah. Racist AI slop on Grock. No breaks. I am annoyingly excited. Uh-huh. Is that okay? So, what's again? What's their

[1:08:25] okay? So, what's again? What's their point? millions, maybe billions of software products that don't exist but should. trackers, countless others. People want to want things to do their jobs or help

[1:08:39] Uh-huh. They make a spreadsheet with to-do lists. My industry is famous for really don't need. We have earned a reputation of tiresome blah blah blah. I still don't understand. The simple truth is I am less valuable than I used to be.

[1:08:53] is I am less valuable than I used to be. Oh, this is as a programmer. Um, it stings to be made obsolete, but it's fun to code on the train, too. And if this everybody who tells me how hard it is to make a report, place an order, upgrade

[1:09:05] get the software they deserve, too. That might be a good trade long term. Okay. So, the guy's basically bullish on AI overall, but less bullish on himself. Uh, blah blah blah blah blah. All right.

[1:09:21] Whatever. All right. What else? estate, too. Brandon says he loves real estate, too.

[1:09:37] Who's going to rent from you if everyone loses their job? Well, in history, we've never been in a situation where everybody has lost their job. New jobs are created. You know, people come and go.

[1:09:56] unemployment and recessions, you're at like what I mean, in the depression, you were at like 28% unemployment, but in the Great Recession, we were at like 11% unemployment. And that was after the recession, mind you. like we were

[1:10:08] already in recovery when we hit 11% unemployment. So, you know, that means 90% of people who are in the labor force have a job, right? That's nine out of 10 people in the labor force, even through a bad recession, have a job, right? So,

[1:10:24] this idea that everybody is going to lose their job is insane. It's just even if you go back to the Great Depression, seven out of 10 people still had a job. A recession is just a a reduction in growth for a short period of time

[1:10:40] growth for a short period of time generally. Epstein's island. Your name is in the Epstein files. Oh no.

[1:10:57] Epstein files. Oh no. Oh no. little boring today. I have to go read what the institutions are up to at a what the institutions are up to at a moment.

[1:11:17] that's interesting cuz you know we keep getting this branding that things are going good with the negotiations. Let me see if I have anything from right now. Uh, Christine the God is going to leave

[1:11:32] the ECB by the end of the year. That's interesting. Court, no. Sinski Geneva, this is all about Ukraine. Rubio has been holding secret talks with

[1:11:46] Cuba's Raul Castro. Oh, well, that's interesting. You know, could actually be interesting is if we go to Axios

[1:12:01] with Iran. We need a report of who did not visit Epstein Island. Yeah, Pokemon. Dude, we Let's do a Pokemon and interesting. All right, here we go. Let's get a Let's get a pack here.

[1:12:22] All right, let's rip one, boys and girls. boys and two girls. All right, get that pack open. Richard Clarita.

[1:12:39] don't know on Astral Radiance how many. I think it's three. So, I probably screwed that up, but see what we got. Uh, okay. Yeah, I'm sure I screwed this up. I didn't start at the energy. All right. So, we screwed it up.

[1:12:53] See if we get anything on today's rip. That's a cute little card. Uh, I think I did pretty well with the three, actually. Okay, reverse holo. And

[1:13:06] nothing, dude. It's not even a hollow. That's crazy. That's crazy. Wow. My star card was not even a holo. What a scam. That's like the worst pack I've opened

[1:13:19] yet. Thank you, Pokemon. 30 30% of that money goes to Nintendo, so you could always buy Nintendo stock. And yeah,

[1:13:38] than most Americans realize. It could begin soon. Wrecked. They watching you. Okay, that's it. That's it. We got to pump. We got to pump the stock. like a

[1:13:50] gambler. One more. Just Just one more. I did actually get two. Uh, one more. One did actually get two. Uh, one more. One more.

[1:14:03] try two. Let's bring two out from the back. Nope, I screwed it up. Oh, then maybe it's four. One, two. There we go. It's four. Astral radiance. You have to bring four. So, we start with the energy. All right, here we go. trainer.

[1:14:18] energy. All right, here we go. trainer. Nothing. Gusty pickaxe. That's cool. All right. No, I got that one in the last pack. Okay. Here we go. Said I don't have any other packs on my desk. So, this is it. That's the reverse holo. And

[1:14:31] dude, again, nothing. Not even a full holo. Oh, this pack is rigged. Maybe it's like receal. Wow. Two times in a row. All right, we're done. US military operation in Iran would likely be massive. weeksl

[1:14:46] long campaign that would look more like a full-fledged war than last month's pinpoint operation. Right. Sources noted it would likely be Right. Sources noted it would likely be a joint Israeli US campaign, much

[1:15:01] broader in scope and more existential for the regime. They're going to wipe him out. Better stay away from the casino with that luck. I know, right? That's all right. I'm having a lot of luck with uh with with house hack. We uh

[1:15:15] we got some pretty sick deals and and I I'm I if I get more bad luck out on Pokemon, maybe the offer that we have out there right now will also work out. And so I think we're uh we're pretty excited.

[1:15:30] excited. Uh so you can't get luck everywhere. Uh 12-day war blah blah blah. Such a war dramatic influence on the entire region. dramatic influence on the entire region. Breaking it down.

[1:15:45] military buildup. By delaying and bringing much force to bear, Trump has raised expectation for what an operation will look like if a deal can't be reached. And right now, a deal does not look likely. Uh-oh.

[1:16:05] Trump advisers Jared Kushner and Steve Witkoff met with Iran's foreign minister Witkoff met with Iran's foreign minister for three hours in Geneva.

[1:16:19] Where'd you send it? Oh, we'll have to check the mail. Thanks, Brandon. We We just We just got back from like 5 days out of town, so I don't think we got in out of town, so I don't think we got in the mail yet. Uh, let's see.

[1:16:32] Made prog. Both sides say there was progress made.

[1:16:49] very clear the president has some red lines that the Iranians are not actually willing to acknowledge and work through. Vance made it very clear that while Trump wants a deal, he could determine that diplomacy has reached its natural

[1:17:02] that diplomacy has reached its natural end. Mhm. Yeah. More than 150 military systems to the Middle East. Bro, we're about to clean them up.

[1:17:20] F-16s headed for the region. Oh, wow. That's awesome, Brandon. Oh, that's crazy. I I'll I'll go um I'll go that's crazy. I I'll I'll go um I'll go get the mail from the PO box. Thank you.

[1:17:38] energy things as well the other day. That That was nice. on so long that many Americans are likely numb to it. Right. Right. War

[1:17:51] could come sooner and be bigger than most recognize. Wow. In just the past 24 hours, another 50 fighter jets headed to the regions.

[1:18:09] Totally understandable. Well, cuz Iran keeps funding terrorist proxies, right? And that actually makes the reconstruction of Gaza more difficult. Get Max to open them. You'll have a

[1:18:21] winner. That's true, dude. Max or Lauren, they have the luck. I I'll hand Lauren one, and go, "Lord, put your luck on this." Boom. $30 card. $60 card. Like, she's done it over and over again.

[1:18:34] It's scary. I think there are memes about that.

[1:18:48] action in the next few weeks. Kinetic action is what they're calling it.

[1:19:03] box is telephone road. Any anybody anybody can use that. Uh 9. Let me write it down. 9452. What is it at? Yeah.

[1:19:15] Here. This is our send stuff, but if people wanted to send stuff, that's our PO box. Um, should we like a compulsive gambler open one more? I'm going to go to a different box,

[1:19:30] I'm going to go to a different box, though. G D gen. We're going to go for Mega Evolutions Fantasmal Flames. Okay, Zit.

[1:19:44] And then we'll look at the market again here. Oh, this see this one. This one actually feels sealed. Ah, nice. This one I'm pretty sure is one.

[1:19:56] And then let's call it fire on the energy. Nope. But that's okay. All Jiggly. Dude, I've gotten like 50 of these Jigglypuffs. Gloom. Charmander. I'm pretty sure I have another Charmander right here. I

[1:20:10] do. It's like I'm tired of getting Charmanders. Look at that. Charmanders.

[1:20:22] cards? All right. I'm optimistic. I'm optimistic. Okay. Reverse holo. All right. And second reverse holo. And

[1:20:34] nothing. Just stop, Kevin. Just stop. Just stop right now. Go. Go. That's it. I'm going to go I'm going to go buy some options instead in the stock market. We have better luck there.

[1:20:49] All right. So, where were we? Uh, so I think I'm just going to leave and cry now. Actually, no. This is actually very interesting, by diplomatic breakthrough is on the horizon, but there's more and more

[1:21:04] evidence that war is imminent. It's actually kind of crazy.

[1:21:20] watching since the COVID stimulus days. I'm now a millionaire. Let's go. Have a one-year-old and another on the way. Oh, congratulations. viewer demographic. Pregnant girl millionaire, man. That's top right here.

[1:21:34] That's awesome. Good for you. Congrats and thanks for watching. All right, so this uh yeah, this uh this will create some anxiety for markets. I would actually guess that, you know, if you end up having this war break out with

[1:21:46] Iran, it could actually help boost uh gold and oil again. I wonder if there's any anticipation there. So, if I go to gold, gold's back over

[1:21:58] five. Silver's still at 77. And if I look at oil, yeah, actually look at that. Oil is already starting to rise. We're almost at $70 on Brent. Played Runescape lately? No. I honestly I have not been able to play video games other

[1:22:14] family. I've not been able to touch a video game since about August. We have been buried at House Hack. It's also why I've been posting less. It's just been buried. But we're like the light is at the end of the tunnel. Uh we've we got a

[1:22:30] lot of work done that we needed to get done. So it's very exciting. Bonds uh 10 years at 4.07 and the 102 is at 62. It's not bad. I do wonder if there's some safe haven buying in anticipation of war. I actually think

[1:22:45] that could be possible here. Bonds as a safe haven move, oil up, and gold up. war more than um more than people are talking about.

[1:23:02] And usually geopolitical issues are a buy the dip for the stock market by the way generally like so if there's war with Iran it's it's historically uh it'll create uncertainty and panic but it's actually usually good uh for uh for

[1:23:18] for buying stocks. And I mean there are plenty of dips to buy. Uh you know like I don't particularly see a deal on a lot of hardware plays. Like I don't think Tesla's a deal, you know. I think Tesla is is uh very expensive. I think Apple

[1:23:33] is Well, let me tell you. I'll just go to the Meet Kevin app. Let me look at where Apple's peg is. So, if I go to the stocks tab, which you get if you are a course member,

[1:23:49] uh, Apple's a 3.4 peg. It's like 30% overvalued right now. You know, Tesla. So, if I scroll to Tesla, I've got Tesla at a six peg, dude. Well, 5.9 peg. That's crazy. Whereas a company that's like left for

[1:24:03] Whereas a company that's like left for dead right now is trading for a6 peg. onetenth of the valuation of Tesla is Upwork. Now, I know people are like, "Oh, who needs jobs with AI?" Right? But what's actually really interesting is if

[1:24:16] you read their earnings calls, you find that people uh larger contracts are are growing on Upwork and smaller contracts got replaced by AI, which is very interesting. I don't know what's another one. You know, Robin Hood's come down

[1:24:29] 50%. Hood's come down 50% and they sit at 3.7 on a PEG ratio. I've got Microsoft at a 1.48. That's cheap. Service Now 1.62.

[1:24:41] 1.48. That's cheap. Service Now 1.62. That's cheap. Uh Roblox is at a two. That's cheap. Uh Roblox is at a two. SanDisk is at a 5.5, which is stupid. Taiwan Semi is actually only at a 1.14, which is cheap.

[1:24:55] which is cheap. Wealthfront, holy smokes,.36 peg, but Wealthfront, holy smokes,.36 peg, but they cratered after uh their IPO. I mean look at well actually they've started recovering. Oh look at that. Wealthfront

[1:25:08] has finally started to recover. That's very interesting. That is very cheap boy. So I mean I think uh there are there are deals out there. Uh Netflix there are deals out there. Uh Netflix Netflix sits at

[1:25:23] and these are based on sort of my analysis and breakdowns 2.1 peg. So, it's not like really cheap, but that's because people are writing down their because people are writing down their earnings because of the u the uh Warner

[1:25:36] Brothers deal, which I actually think is great. Path trades for about 1.26. great. Path trades for about 1.26. It's pretty cheap.

[1:25:53] Anyway, Microsoft, Amazon, Amazon. We just we actually just did an analysis liveream. And the cool thing is you could just like if you you don't you if stream the course member live stream where do the analysis you could just

[1:26:07] open the stock app uh and in the me Kevin app as a course member then you financial tables. So it'll take you like 30 seconds to catch up. Uh I give you the keg the valuation I'll just tell you it's a 1.5 peg right now. uh you know,

[1:26:24] Wall Street has a 16.1% growth forecast. I'm at a 15% growth forecast on it break down where the margin compression is happening. Uh and then I I link the PDF too to the actual earnings call if you want that.

[1:26:38] So remember, use what's the coupon code? Baby comeback. Baby comeback. Um over at bkevin.com or houseack.com. But anyway, I'm going to go um

[1:26:50] Work, I guess. So, I'll see you all on the next one. I love you all. Thanks for the next one. I love you all. Thanks for being here. Goodbye and good luck. >> Kevin's somebody would consider Kevin is fantastic, too.

[1:27:02] if it's going to be him, but he's a very talented I think that Kevin's a brilliant guy and I think that we'd we'd we'd all be very lucky to have