 What's up guys, it's Harry Haas here in this podcast We talk about Elon Musk and Twitter the FTX scandal as well as the overall market plus small caps these are all issues that traders should be kept up to date on if they're trading the markets daily and Paying attention so listen up. Stay tuned because you're not gonna want to miss this one. What's going on guys We're back with another episode of the after hours podcast a lot has happened since we have recorded in the world There's been between the war continuing between Powell between Elon Musk and Sam Bankman Freed and all this shit So we're here to kind of discuss it and everything that's been happening So I guess the latest development in the economy has been that the Fed share Powell came out and basically said that he was they were Watching the idea of slowing the rate hikes coming into December They said they could yes, they said they could Which the markets reacted like super positively to I think we had like a 2% up there on the Dow Like I think it was it was markets ripped and it's been pretty good since then so Yeah, I mean, I don't I don't know. I was just saying that Harry like I have a weird feeling And I hope I'm wrong. I think that Powell has a weird relationship with like the way the stock market moves I feel like he is trying he tries constantly to calm Stocks because I think he gets pissed that like we're still printing high CPI and still like people are like super bullish on everything and like I don't think people have yet grasped that If we get a handle on on inflation like we're probably going if not already into it like a deeper recession, right? So so I don't know man. Like how do you feel about it? I mean, I think that the thing is is that I don't think that they want to risk hyperinflation I think that that is their biggest fear right now You know, if you look at any country that has just gotten super Hyperinflated Venezuela for instance or any of those countries, you know, it it does not end well So I I think just me personally I I think that they're going to just continue on with what they're doing I think they're trying to just it's just like in Canada in Canada in You know 2020 when all the COVID stuff was happening. They were like rest assured We're not gonna raise interest rates Nothing to worry about if you're thinking about making a purchase like a big significant purchase with your business or your house Don't worry about it. We're not gonna raise rates And what are they doing now raising rates raising rates raising rates? So I don't think that you can trust them at all and I think him saying well we could we might well think about it It is I guess in a sense bullish, but I don't think that that's where they're gonna go You know, I don't trust them at all. So, I mean, we'll see what happens. Yeah, I don't trust them Yeah, it's interesting like I've I've like three like little points that I've been thinking a lot about lately and You know one is I don't think Jerome Powell like if you look at Jerome Powell's like hero, it's obviously Volcker and And I think that he looks to him when in his fight against inflation And I don't think Jerome Powell wants to be the guy that lost to inflation, right? No, so I think I think if anything I don't expect him to be anything less than super aggressive and I think that's what's needed You know, like I think a lot about like the next political cycles like we have a presidential election coming up in a few years And it's already starting and you think about who's gonna be in charge of people in power Like we need people in my opinion in power that are gonna have their hands on the levers of the economy that are going to Keep us from like you said going into this hyper inflation route We're like our kids are gonna just live through a shit like like that's not what we want And if we just keep kicking the can down the road It's gonna get worse and worse and worse and especially in a country where we already can't afford our debts You know the interest payments going up and up or we can barely afford it It's almost too much for our actual like The actual amount of money that we're allowed to spend this like the our actual budget That is like a huge thing for me is that like I would rather them just crush the economy now and I kind of wish they'd just be honest about that because I think we're seeing a disconnect between billionaires like Jeff Bezos who obviously is the creator of Amazon came out and was like guys If you're thinking about buying stuff, don't do it save your cash and see what happens He was I mean like Elon Musk came out and said like we are facing a severe recession And like especially if the the Fed continues at its at space we are facing recession risk So I feel like there's this weird disconnect between the richest people who are like looking out for others I'm sorry, which is people who are looking out for others and the Fed So it's very it's very concerning to me And I do think though that they have to do it and they have to crush the economy and restart Like I I know we've talked about this idea like a great reset And like I almost feel like it's severely needed because Everything got too out of hand and now it's our time to kind of fix it and strome Powell's time to fix it a hundred percent Yeah, and I also think like there's there's a big issue With Bezos and Musk coming out and saying those things as well because it's like When did those guys ever lead us down the right path? You know like I like most I like them I like you know, I don't really love Bezos, but you know, I like Musk But it's like when did have you ever like at a time in history? Have you ever seen a billionaire come out and say oh, don't spend money? Oh, don't do this So it's like the other end of the coin that I'm struggling with as well in this situation is that I'm like fuck Are we just gonna go up and just rip and it's like all over with and this was the recession that everyone was talking about Like is that is that it? You know because it's like you had Bill Ackman come out on CNBC when all the COVID stocks were crashing and he's like I'm selling everything. I'm selling everything I'm selling everything sell sell sell and he was actually buying, you know, so it's like It has the crash already happened. Are these guys just coming out and scaring people, you know Like he makes a living Selling those TVs that he was talking about people not buying and selling those refrigerators and selling those this and that and the Other thing that's what's confusing. That's what I don't get and and he's coming out and saying oh like I don't really, you know think that you should be spending money and yada yada yada It's like I have never heard anyone that sells anything say don't buy my product like I've never even heard of that So it's like is it just all bullshit? You know are that or is this the one time in human history where they're trying to Look out for people. It's very confusing Yeah, I mean the truth is like I like to believe that nobody knows But the reality is like if you get to that level of wealth, especially through like a public company Like Elon Musk and Jeff Bezos guys like that have a have a little bit more Insight into like where we're headed because they see it on a broader scale as far as like orders as far as price costs All that stuff and what it costs their business and I don't know I just I can't imagine a world where Jeff Bezos Comes out and says don't buy this don't buy that. I mean it just doesn't Make sense and like Elon Musk is very public on Twitter now about yeah, how they're pushing us into a recession if they don't hold Interest rates. I mean, I don't know I to me it's as crazy as it sounds like I'm maybe I'm Contrary in this way, but like I want them to keep going as much as it fucks up the economy Like I think people really need to wake up and I'm getting very like frustrated and set up with like the direction We're going people or we've talked to us all time people are lazy. No one wants to work You can't get people to work normal hours Businesses are closing super early. I my friend just thought he was at the airport in Florida at like eight o'clock at night All the restaurants were closed. They had no staff. That's what everyone was saying like there is some weird shit going on in the world that like I Almost feel like we need to get punished for which sounds like really dark, but like Yeah, I do we I don't I don't want to keep blaming stimulus because at some point like there wasn't that I mean, don't get me wrong as a country. We printed a shit ton as an individual though. Most people I know got like Three grand or like four grand. They're not living off that four grand two years later So like we just something happened through COVID that has changed people's mindsets And they're just like barely stringing along what financially and I think it needs to get worse So people wake up like shit like I need to go back to work because as much as we want We want to think interest rates are gonna come down I think the generation at least for a long time of like free money or a zero percent interest rates Those are gone. Those are done. Yeah, if we win against inflation We're probably gonna settle in around like five percent and that's I think very positive I think that's very positive outlook that we sit at five percent and for an extended period of time And you know what that's probably what we're gonna have to live with for the long term And we have to get there sooner rather than later I suppose but again, we have to fight it. We have to keep fighting inflation So I don't know it's we're in a funky position for sure How do you how do you think that these people are like living? Like you're not going to work. They're not going to like you can't really I don't know how it works in In the the states, but you couldn't get EI at this point here in Canada Like if you were in that type of situation, so it's like where are all these people, you know It's working I Was doing a shit ton of like research into this and like also just from like knowing people So I'm 28 years old, right? So I have a lot of friends that are my age that are still living with like six people or they're living with large groups of people So their rent is very cheap. They either don't have a car They don't have a car payment because they're driving like a and this is not an offense will comment This is just noticing they drive like a really old vehicle, right? Which is not a bad thing, but they have no payment. They don't have like material things So they're living like almost a minimalistic lifestyle and they they work the bare minimum and What I've noticed is a lot of people now are like scamming systems like as a business I get old employees still trying to get unemployment through us like they're still I get it all the time We it's called unemployment insurance is like a website you log in I still get other people like writing in basically trying to claim unemployment They've worked with us for like two years or a year. So like I think there's a lot of scamming going on I think there's a lot of like, you know Yeah, there has to be because dude how how is it that there's a Dunkin Donuts right down the street from where I am and They can't get staff so they close at 2 p.m. How the hell does that make any sense? It's a Dunkin Donuts. How are they're not I mean either when we're at I don't know and I think I get I guess like Confused because I think I see like on tick-tock and on Instagram all these people flexing this like Lifestyle that they have and I think everybody wants it. I think that's why young kids aren't working I think young adults even yeah, even our age, dude. They think like oh I'm gonna I'm gonna Make a living on social media when really 1% of people do that and they're trying to live this dream That's not realistic like we've gotten so far from the American like dream as corny as that sounds It's fucking insane to me like no one wants to work hard No one wants to make an honest living or live within their their means at all Yeah, yeah, and one thing that I find very interesting If like we kind of like pivot towards like that kind of social media like landscape now is that if you look at the at the tick-tock now The Chinese have a different type of tick-tock right now. Yep, and it's it's all education It's all you're only allowed so much per day I believe it's 30 minutes like all you get 30 minutes on that shit and it's all like how to get better at this science experiments for kids this that whatever in Like here in Canada in the US and wherever it's Like people flying on private jets. It's fucking people dancing naked. It's no education It's all people telling random stories or dancing or this That provides zero value in your life absolutely nothing zero value And so when you have an army of kids who are on an app created by the Chinese Okay, and they're all just wasting their time not working not doing this. It's like rotting their brains Like that is a problem, you know that needs to be fixed 100% and also you have it shaping kids political beliefs Shaping kids how they feel about certain things, you know It's it's extremely crazy to me to think that we just allow it to happen, you know Why do we get it? I might be like a super like aggressive on this stance But like I truthfully feel like kids under 18 should not be allowed social media I think it as I get older. I've realized like the harm it does to a lot of people Not saying everybody I think there's a lot of people like we grew up with like a version of Facebook or a version of Instagram, but it was nothing like it is now Yeah, I I deleted tiktok for like six months and I just downloaded it the other day out of boredom And so I've created a new account so it didn't know anything about me I know it's nice But in in that and but dude it's like the videos they show me now It's just I can see how if you're a kid or even like an immature adult how you get so sucked into this like world That's so fake and yeah politically Socially economically like they are like I don't want they're shaping us basically to fight each other like as crazy as that sounds like They're almost as making like they have two sides of tiktok when you either go the super conservative or like the super liberal And like there's nothing in between and it's just like it's very very odd, right? And like that's why I do applaud I'm I like what Elon Musk is doing with Twitter or at least what he appears to be doing I like that he wants to make a town square where people can come openly and honestly have like conversation and You know actually see like real-world people and not robots and like this Psychotic thing and like having a platform that we can call out these crazies because if you say that some of these people are and like the crazy liberal Cancel call all this crazy if you say they're anything less than crazy I just cannot understand what you're thinking is Right so that's why I like Elon as like and obviously He's on to something right because look at how many people are lining up against him now This is the man that they've called the smartest human being on the planet for years this guy. I we've heard Very into Tim Cook all these very smart people say these are smart guys calling him a genius and all of a sudden now That he's opened up a free speech platform He's like the he's the bad guy Apple's threatening to remove the app. I mean you have major companies a hundred Huge corporations pulling their advertisements from Twitter. How does that make any sense? That is scary to me That is where like we are in a weird spot with like like you said economically. We're not great socially, we're not great and We're headed in a bad a bad path Like I feel like we're headed towards like communism and like I hate to be that kind of like crazy I'm not a conspiracy theorist in the slightest, but like there's something wrong. Well, I also think that like it seems to be now like I've never like I mean if you even look at before coven like You know the Epstein situation that was going on people just didn't know about it Yeah, that whole Balenciaga situation with like the the I'm just gonna say CP and like the children and the stuff like that You know that was going on. It's just people didn't know about it, you know And now we we seem to have swung so far left that now we're going back to the middle You know and there are like crazy-ass conservative people to like Connate West praising Hitler like that's bad that Alex Jones denied the school shootings. That is bad Awful like we're not sitting here saying oh like like, you know liberals are the most evil, you know people in the world or whatever, you know Somewhere in the middle is where the truth kind of lies But like, you know, I don't think we've ever been in a situation in history where we have people who are rich coming out and just Explaining things to people who would have had no idea otherwise, you know, like yeah You had Trump when he ran against Hillary. She was like, she was like, well, you don't pay taxes He's like that makes me smart No, the Dave Chappelle skit. The Dave Chappelle skit is the funniest shit I've ever seen. It's perfect. It's right Exactly. Yeah, if anyone hasn't seen that That was really good, you know, but that exactly, you know, you had a guy who had money Coming out to the commoners if you will and saying this is how I did it This is what I did and that makes me smart because I did it and people were like, holy shit, you know He's on to something but it's just it seems to be that we're in this weird place of like They've censored so hard that there's like three or four people coming out who are really rich and and saying like, you know They're changing elections. They're changing this they're changing that here in Canada We learned like and of course they're not reporting on it because Canada is not the United States Canada is censored a lot harder And we're now learning That the Chinese government is paying politicians in Canada to vote a certain way to act a certain way To do certain things and now we're learning that they even interfered in our fucking election and the Prime Minister knew about it And what does he do he sits back and said oh, I learned about it But they said it didn't impact the election. It's like bro. That is election interference right there, you know Did you see president G? China's president you see them like absolutely like man and ultra dough. Yeah, but like that was hilarious I killed me because I don't like Justin Trudeau. I feel like he's like He's a look really crazy and like super far like far controlling But yeah, dude I think I realized that like 99% of people should realistically just they're better off like being almost like sheepy and like not Having access to like social media and news like if you think back to like the last like a hundred years that go back from 2000 to 19 like 1900 2000 People got their news through a newspaper or like the evening news at night like late at night, right and You always hear people talk about things were so much better back then things were so much better back then the world was so much better Right every old person says it. I have a belief that all this crazy shit has always been going on I'm sure election fraud has always been real You know just absolute like corruption has always been real But people just didn't see it 24-7 in their faces and like you said rich people that had no There was no reason for them to kind of expose any of this stuff, right? Like Elon Musk just tweeted today that Twitter the company he bought had Interfered with elections, right previously. He hasn't shown proof or anything yet, but he did tweet that so obviously he has something He has no reason to not so it's like it's like I just it's hard I mean like again like we we either need someone that we can trust as a country But like you have someone like Elon coming out and praising free speech and saying that he's trying to help You have politicians coming out saying he should not be allowed to do what he's doing and again I'm not hating on them. I just want to know why they feel that way Like I would love to talk to interview someone a politician and just ask like Why are you so concerned with free with a man sticking up first for free speech? Yeah, what is the problem and like what how is that a bad thing for our country? Yeah, and I think the the problem is just that they feel that they're being threatened by it You know for so long. They had been Like you if you go out, I believe this interview was like two years ago Justin Trudeau was speaking in front of a large amount of people and He was talking about media bias and he's like, of course I don't have to worry about the media because we pay them 600 million in government contracts, right? So that obviously here we have the CBC. We don't have like CNN or anything like that. We have you know, we have the CBC or whatever and You know, they pay them. He does not get bad coverage at all You know, I'm not I would not be surprised if he won another election here because he's he's bribing his way through Yeah, but I think the minute that stops That's when you have a problem, you know, CNN if they if they weren't so Liberal or you know, some of those other ones if they weren't so this way, you know Could you imagine if you had conservative reporting all the time? You know, imagine what that would look like, you know, that would scare the shit out of them So they're fighting with every tooth and nail to Fucking, you know stop that shit. Yeah. Yeah, it's true I just I think like the world and like people need to just focus especially in America they need to focus on getting better educated on politics the problem with social with like tick-tock and all the stuff and like Allowing this is that they we've allowed people to think that everyone deserves a political opinion without Fact so like people just have gone so crazy and like you can't even argue with someone on the opposite side anymore because it just gets out of control Right, but what people need to understand especially about an economy like America is without our economy thriving There is no country with our economies in the shitter like you're your freedom of speech and you're like You defending your like socialists are crazy ideas or ideologies on either side Go do nothing. So like that's why it's like when it comes to this I hope by and if I will vote for whoever can actually come out and say They're gonna put their hands on the economy and they're gonna fix it And they're gonna make sure that as a country worth thriving for the next 50 a hundred years Because at this rate if I hear someone say Like we're gonna print more money and we're gonna do a billion other things for a billion other countries I am not voting for them. It's not it's just not happen We need someone with control and like you talk about all issues, right? Like there is a middle ground abortion There is a there are Unfortunately, nothing is black and white people need to wake up and realize that when it comes to issues in politics We need to figure out a way to come together Get the middle ground and then focus on fixing the economy and keeping us strong for the next like I said two lifetimes Yeah, and that's the problem is that let's say we had a third party in the United States. I truly believe that you know It is sad but like conservative like how many people our age are actually like conservatives like absolutely not You know, it's very low or that the wealth gap Like kind of like goes the other way like the more that the wealth gap widens, I guess is a word I was looking for The less people you're going to have vote conservative because they're looking for those handouts They don't want to work as hard, which is fine. And I mean the handouts aren't really that much like You know, like you're not really getting that much like You know like but still it's just they've I think those people have always been taught Conservatives are evil. They don't want to spend money on us. They don't want to do this They don't want to do that, but it's like we cannot afford it, you know, even here in Canada like like at least where I live We have people dying in the hospitals at least once a month twice a month three times a month You know where I live and this is not a big not a big Populated place, you know, it's not like Boston or Vancouver or a big city We have people dying and the reason for it is because or at least how I kind of see it is that Everyone after the whole vaccination thing came out and and everything like that, you know A lot of nurses never came back and I was talking to my grandparents about that and they were like, that's a good point You know a lot of the people just never went back to work again after that happened And that was the problem and you know, could you imagine if we were on this podcast like two years ago? We're like, oh, we don't want to get vaccinated like that outrage that that would bring. Yeah, and Yeah, it's crazy. There is no middle ground really. I don't think any more just because people are shown on social media all the time You know that their opinion is right and that they're validated and they keep watching and they see people with other opinion And they never actually listen to the other side, you know, I feel like we do a good job of like, you know Trying to at least understand these people not that we have the same opinion But we're like, oh, why don't you want to go back to work or oh, why don't you want to do this? Or oh, why don't you want to work as hard, you know, at least people like us will sit down and listen, but I feel like For the most part, you know It's very different like if you that like you're never gonna get any middle ground from the other side I feel like and it's very difficult for me to Like I feel like if you're let's say on the left, you know I feel like you are going to have a lot use your time talking to a conservative Then a conservative is going to have talking to a liberal because that's just how it's been like I'm not sure why but if I talk about certain issues people are like, no, no No, I'm not listening not listening plug my ears plug my ears plug my ears And I feel like that's how people were with the corruption as well, you know, maybe There are like maybe there are people who just don't want to hear about it who know that it exists Who know that it happens, but they don't want it in their face and that now that Musk is kind of showing them Like hey like look at the Epstein look at the FDX guy I mean how much political donations he also donated to the right as well, you know He just said he didn't want to disclose it however much he donated to the fuck knows because he didn't disclose it but you know look at The FDX scandal the Epstein the this the that all those things just people never knew about and If that wasn't in this day and age, I don't think people would know because Right now we just seem to be in this weird position where there are a few guys like coming out and saying hey This is happening this is going on and some people would rather not hear about it Some people would just rather work there nine to five and just never hear about it again And I think that that's you know to me. It's interesting because I'd want to know You know, I want to know if my government was corrupt I'd want to know if my neighbor down the street got you know something better because he paid this much You know, I'd want to know those things, you know, because as a country They're supposed to be working for the country and if they're getting paid, you know to give certain breaks to individuals Then that's not fair, you know, and so, you know, I'd want to know but some people I do believe just want to Do their nine to five plug their ears go on their vacation and not hear about it because for them, you know they They live this kind of you know, lifestyle that's like Insulated and they don't want to hear about anything else, you know Yeah, and I think I want to answer one of your questions of as to why the left probably has an easier time talking to Conservatives and the other way around I think that Being on the left you obviously are more focused on social issues. I don't think you're you're inept to the economy I think you still understand that like the financial world needs to exist they just want more freedom for the Underprivileged and like the middle class than the wealthy class, right? They are focused on the social issues and Equality and all that stuff Conservatives are focused on the economy and there's religion involved in a lot of their decisions They're more focused on keeping the wealth within within the wealthy It's gonna be a hard time for a rich person to say I'm going to give you money I'm gonna pay more money always it's just always gonna be hard to do that if they're talking about religion It's gonna be hard for them to say I agree with now your abortion stance, but this is my religion the reality is Most people are in the middle most people understand the economy needs to flow We're a new generation There needs to be equality there needs to be The social issues do need to be addressed and we have to find a way to meet in the middle Unfortunately, we hear the crazies on both sides We hear the major conservatives and we hear the major liberals because they're the loudest They're the ones with the biggest voices on social media tick tock everything And it's unfortunate because those are the people that get into the brains of a lot of people A lot of other citizens in this country and I think that influences them a lot Now we've unfortunately become a place where people ignore fact Like people don't want to look too much into politics They want to argue about the the loudest points, but like again like if you look into I was just reading this whole thing about how The democratic party was actually funding the campaigns and donating to the campaigns of a lot of trump's Picks for the senate or the house right in these countries. Why were they doing that? And you can look it up. I mean, I've had a lot of podcasts. This is about it too They were trying to promote these guys who were like the worst options for the republican party because they knew That their people would win in those states They wanted trumps hands all over it because it actually would help them in the in the election So like we are a corrupt in a crazy place right now and like a lot of that stuff is it's like the wild west And I think if more people more people just need to get educated on this stuff because the republican party too They're not great. They do a lot of crazy shit There's both sides are are on like the worst end of the spectrum I mean for god's sakes the republican party is ripping itself apart from the inside right now You have uh, the former president is attacking the one that like the new incoming One that everyone wants is de santis and trump's gonna start his own part Trump's gonna go to the independent party. I've asked my that's my prediction That's how it feels well. Yep, and he's gonna pull all of the conservatives De santis will run he'll pull all the normal republicans and then there'll be biden or Apparently Gavin Newsom is throwing his hat in the ring. So god only knows And you know, I mean both parties right now are our shit show. So, you know, it's It is It is really nice. I think to have elon musk working on like I said A town square where people can actually get information like there needs to be I don't want to say an information board But like people need to be able to get actual news and actual facts I mean if you didn't go online, you wouldn't think sam bankman freed is a bad guy You wouldn't think he did anything you'd think. Oh my god. He was just a kid who got the shit end of the stick and you know Just had a bad month. Yeah, that that's literally how you would how you would see it right now They're making him a hero for gods. I mean kevin oliri Tweeted today. I'm I agree with bill ackman. He seems like a good kid. He was telling the truth You sam bankman forgave his parents 130 million dollars to buy property. What are you talking about? You're telling like to me like I just I can't I get so worked up and frustrated thinking like That this even happens, right? Like people people like us. We know we talk about it all day long We see what's actually happening, you know, and it's with it's with all that stuff, man It just drives me insane. Yeah, and his parents are compliance lawyers, right? They know every in and out of the regulation So on top of all the corruption that they've been doing donating to politicians and this and that They also have compliance lawyers, which is like pretty much the same fucking thing as like having your You know having your uncle an accountant who specializes in fucking, you know Not paying taxes and you're not paying any taxes, you know, like it's very easy for those people And then you're saying you didn't know like it wasn't like a like you had no idea Yeah, you know, it's like It's like fuck like yes, you yes, you did they knew exactly what we're going to happen. They knew everything You know a month before this shit went bankrupt, you know when the crypto market crashed they knew that they were fucked You know, and it comes down to Just the fact that he had the right type of parents. He had the right level of corruption He had, uh, you know this campaign of brady and all these other celebrities around him You know who are taking the fall. It seems a lot harder than he is Right now, you know, so They knew what they were fucking doing See, I don't think people compare him to bernie madoff and I don't think he's bernie madoff because bernie madoff Like what alex was talking about last week. He took money and the rumor was he put it in a jp morgan account It was paying people as asked for it I think this kid was just straight up gambling on the funds because really sickly if the crypto market kept ripping What would have happened? He would have been a genius. He would have been worth like 50 billion or something he would have had Everyone would have called him a hero, but you know what he gambled he yoloed He's no different than any of the small cap traders that we trade against He was just gambling funds away, you know, all it happened You're over leveraged you hear it all the time, but for some reason and I again I think it's political on both sides out each side will blame the other But I mean the fact is he donated a million dollars to mitch mcconnell. I mean this is all paper and transactions. I mean Don't tell me this can't this doesn't have to do with politics and you know, obviously We're we don't have this much time, but there's links to the war in ukraine. I mean, there's a lot of scandal and it's like it's really it's Unearthing and it's I don't love the feeling being a citizen and hearing this stuff right and like seeing it because Man, it's like you want to have faith in our government. I want to have faith I don't care who's enough who's the president. I don't care if it's the democrat or republican I want to know that as a country we're headed the right direction We're not a country that thrives on scumbag Isom and like people being pieces of shit, you know, we are an american country that focuses on the economy and is great so I don't know man. We have a we have a lot of work to do. I think to figure out our shit and And so does the world I mean Yeah, it's brutal. How do you feel about the overall market real quick? um You know, I feel I feel like we're gonna, I mean like as funny as actually I don't really look at my 401k often I just ought to invest a lot of stuff um But I was looking today and like it's crazy how much how much of the gains and honestly like Decent year funny enough given all the turmoil and all the bullshit But I think we're gonna recover pretty much everything that we've lost I think a lot of people are gonna get bullish going into 2023 And then like I said dude once people wake up and realize that we fought inflation hard enough and when we win Because I think Jerome Powell will win. We're gonna be in a full-on recession. These companies have just started laying people off It's gonna keep getting worse people spend savings are at an all-time low credit card That's an all-time high and outflow cash like, you know car payments all that shit is the highest it's ever been So we will be in a recession and then I think the markets I don't think we've seen them anywhere near the bottom yet. And that's just my honest prediction And uh, how do you feel about small caps? Small caps. Honestly, man, I'm really happy. I I feel like um, I feel like unfortunately for longs the opportunities are still really far and few in between I feel like you really have to be a sniper. I feel like as a short if you're patient There's good opportunities because people need to know just because just because there's good shorts doesn't mean there's good longs like That's a problem. Yeah, you're not getting those like like your setup here. I feel like hasn't come around too often There's just there's kind of a lack of volume and a lack of excitement like right but like today aren't like RME details December 1st to stock like ran all pre market But I mean it really didn't go anywhere. It was like a hard long There wasn't many great opportunities to get involved Whereas the short it was kind of like the second it topped out It just kind of faded and then after hours went crazy, but that's a different story. So as a short I had a great month in November It was slow. I only placed I think like 25 total trades that include stopping out But I was really positive on the month. So and then December today started out really solid. So Yeah, I've been trading like once a while when the opportunity is there But like, you know, it feels like and I said this to my girlfriend It feels like I'm working like three out of the as far as just like Not like chilling in like the discipline workshop or anything like that, but I mean like I feel like You know, I'm actually trading it seems like three out of the five days we get Because two days are very very slow and the other three are like mediocre But I'm just surviving and kind of I feel like and I've been talking to a couple other traders I feel like for small caps we're gonna have a really good winter Um, I don't know why it's just the feeling I get that we're gonna have a really good winter We usually do I feel like this year Everyone's so fed up with like these shit moves Everyone's gonna fucking band together and we're gonna have a good winter. I think that's what's gonna happen and That's just how I kind of feel, you know, I just feel like we're gonna have a good one. I hope so I think I kind of agree. I think it's cold. I think people are back inside, especially You know the northeast and you know, people are people are gambling again Especially with even sports gambling man like people are back like just betting money And like I actually have been hearing people talk about stocks a little bit more Which is usually like that beginning sentiment that like maybe people are getting involved It's it's funny man when the world's not in turmoil Like when you're not seeing constant doom and gloom on the news The markets are doing good even small cap markets do good and like right now we see actually it's kind of positive There hasn't been that there's not that much coverage of like the war There's not that much coverage of all the bullshit and all the negatives They're trying to kind of I think promote a lot of positives So hopefully a lot of that energy does come into the small cap market Because dude 2022 was it was a tough year for a lot of people. So I hope 2023 gives us that range and opportunity Yeah, that's how I feel as well. Yeah, all right. Well good podcast bro. And uh, yeah, thanks everyone for watching And we'll see you guys for the next one