Speaker 1: And greatans. Everyone, Hello, how are you happy Friday?
Speaker 2: To you?
Speaker 1: Welcome to the Big Podcast on this ninth day of January,
Year of our War, twenty twenty six. My name is
Tom Sullivan. We've got a lot to cover today. The
uproar in Minneapolis is I don't know. I have to
wait to see. It's a Friday. Maybe Friday night it's cold.
We'll see what happens tonight. This morning in Minneapolis there
was a very small I mean like something like ten
to fifteen people were across the road from the Federal
Building in Minneapolis, compared to hundreds that have been there
the last few mornings. So maybe that is starting to
settle down. We've got Republicans voting to extend Affordable Care
Act subsidies, Republicans voting to limit the President's War Powers Act.
We've got the jobs report out today for jobs reports,
it's a clean report that we've had in months. And
the President had a big meeting with oil executives at
the White House today about let's go into Venezuela and
start doing some business. So we've got a lot to
cover today. I will start with Venezuela. I want to
start with the lady. By the way, there's a new
video out and the video is one that was taken
by the officer who actually did the shooting, and it
shows him talking briefly to the woman who was shot,
walking around behind the vehicle, seeing that her wife was
outside of the vehicle, also videotaping, and very aggressive, very
anti ice in their faces to bring it on, bring
it on. And from his perspective, he walked back around
in front of the vehicle and that's when the lady
started going toward him, and you can hear the car
hit him, not severely, but but you can hear the impact.
And so this is this is going to be debated
till the cows come home. It just is about which perspective.
But I think it also has to do with a
lot of confirmation bias. If you're anti ice, you're going
to see something different than the people that are supportive.
But I have to tell you about this lady. People
are talking about that she's some sort of observer. And
I ran across a story out of a local TV
station in Minneapolish. Here's the here's the report. It starts
with the anchor introduced in the reporter who's at this
meeting that they have in Minneapolis of people that are
supposed to be observers of ice listen to this tonight.
Speaker 3: Is still not clear if Renee Good was what's known
as a constitutional observer, but her death is prompting hundreds
of community members to get trained to document ice. Mariy
Glover was at another constitutional observer training in Minneapolis tonight
and Morey, has the message changed since your last story
on Tuesday night.
Speaker 4: Well, these trainings have been in the work for about
a year, but within the last twenty four hours more
than two hundred people have signed up to take part
in tonight's event.
Speaker 5: It's horrifying. My first thought was of Kent State.
Speaker 6: For some at the Cedar Cultural Center on Thursday night,
the death of Renee Good has been a call to action.
Speaker 7: I was planning to do this training anyway, but that
was the that and set told me that it was
time to do it now. It was now or not
at all.
Speaker 6: More than three hundred people showed up for the second
of thirty constitutional observer trainings by the Immigrant Defense Network
across Minnesota over the next few weeks. Other than having
a moment of silence for Good, organizers say they're not
changing their training for community members to observe and document
ICE activity after Goods death because they always train observers
not to interfere with federal agents and to obey their commands.
Speaker 5: We're very clear, we're not here to stop any enforcements.
We're here to observe and DOCUMENTUM Vice president JD.
Speaker 6: Van's claims Good was part of a large left wing
network to make it impossible for immigration agents to do
their jobs, but organizers say observers are there to make
sure the rights of detained individuals are not violated.
Speaker 5: People are here, coming in the hundreds to be armed
with basic civil rights on how an whyless is happening
and what can they do?
Speaker 6: Organizers say constitutional observers are also armed with identification badges
and whistles to let the community know when an ICE
enforcement is happening, and they say their work is needed
more now in Minneapolis than ever.
Speaker 7: Tensions have escalated, violence has escalated now. The role of
the legal observer is even more important.
Speaker 1: Now.
Speaker 4: The next training is scheduled in Duluth next week, porting
live in Minneapolis more in Clever Fox and I.
Speaker 1: I don't know about you, but I thought that was
the most of it was. It was just strange what
they're doing. But there's lots of questions to be asked.
First of all, there's no such thing as a constitutional observer.
I don't know who made that up, but the reporter
talked about the fact that's what they're calling themselves, and
they get whistles and they get some sort of id
card whooped to do. But he also quickly mentioned the
fact that this is being put on by the Immigrant
Defense Network. I don't know who they are, but it
makes you wonder who are they and where are they
getting their money? And they're teaching these people to go
out and basically get in well they said, not get
in the way, but just to observe and document.
Speaker 5: What does that do?
Speaker 1: I don't know either, but it's bizarre, and that's what
this Apparently. The lady who was shot sounds like she
was one of these people that went and I don't know.
They seem very naive to me to think that that
is that is going to be the answer to all
of us. The officials in Minneapolis are very fired up
and they're very fiery. The mayor him, of course, is
just one fiery news conference after another. I do now
I am convinced. I swear he loves it. He loves
the spotlight, he loves the attention. So he's some equal.
Oh this is terrible, I'll tell you. But he's thinking, ma'am,
this is great. Look at me, Look at me. So
let's see. This is a lady from the city Council
in Minneapolis, just to give you somebody besides the.
Speaker 8: Mayor and Americans. We agree that schools must be places
of safety, learning, and belonging. This is not a partisan issue,
it's a moral one. We demand that ice operations be
kept away from schools so students, educators, and staff can
learn and work in safety and peace.
Speaker 1: Well, how can you disagree with that? Of course, we
would like to keep all law enforcement activity out of
the schools and the kids can learn safety and peace.
Here is the Teachers Union president giving her thoughts on
this matter.
Speaker 9: My name is Castina taylort Na, last name Taylor tay lr.
I am an educator in Minneapolis public schools and the
president of the Educational Support Professionals Chapter of the Minneapolis
Federation of Educators. Let me make one thing crystal clear
before we go any further. We need ice out of Minneapolis.
Now we need ICE out of Minnesota. Now, we need
Ice away from our schools.
Speaker 5: Now.
Speaker 9: Since arriving, ICE has been a dangerous and out of
control force, putting every Minnesotan in danger. A mother was murdered,
an elementary school was forced to lock down.
Speaker 1: So let's get to the heart of what the whole
thing about schools. Apparently ICE was stopping somebody that they
were targeting as an illegal in the country, and it
was a young man and he ran. He ran in
the fact that he was in a car, and he
took off and they wound up in a chase. It
was five miles of chasing this guy, and he wound
up crashing his car in front of, or maybe even
on the grounds of a high school in Minneapolis. And
so that's how ICE got to the school. It wasn't
that they were there on just happened to come by.
They were chasing the guy five miles who crashed right
into the school. So that's where that whole story comes around.
But there, I mean, they didn't tell that part of
the story. Here's another, shall we say, flowery version of
what was going on in Minneapolis yesterday.
Speaker 10: I think what is very very blatantly clear in this
case is the public saw federal Ice agents shoot Renee
Good in the early mornings of Wednesday. And since the
killing of missus Good by federal Ice agents, we've seen
the Trump administration work over time to try to craft
this narrative, national narrative that Renee Good was a grisser
and was at fought for her own murder when she
simply was just dropping off her children and making sure
that other neighbors children made it to school safely. Because
our kids here have not been able to go to
school in peace. Families haven't been able to leave their
home without risking being abducted, and god knows what else
by federal agents.
Speaker 1: Yeah, they're they've got very creative imaginations. They're not sticking
with the facts. They're not telling the story. Actually neither side.
I mean, I'll even go after I don't like Christinome
and she was calling this woman a domestic terrorist. No,
but she was violating the law and she was part
of a group that was going around blocking Ice wherever
they went. That day. She did drop off her six
year old at school, but then went to these following
Ice around Minneapolis and blocking them wherever they went so
by the time she was blocking the road where we
all saw on the videotape, that was the third time
that the police have dealt with her. That's why they
got out and walked up to her cars to get
out of the car. So that there's much you know,
you got to tell the whole story. I think in
order to however you feel about this, at least you
should have the facts and not the creative ideas. So
now they're in a fight over who is going to
do the investigation. Normally, when a federal officer enforcing federal
law is involved in a shooting, the standard is that
the FBI will investigate and it will go to federal
court if necessary. The state, however, and Governor Walls is
leading the charge on this about the state wants to
be the one that investigates. And what I'm suspecting here
is that the state, the state wants to do the
investigation because they've already called the officer or murderer, They've
called him every name under the book. They've already come
to a conclusion that he's guilty of murder. And what
they want is they want to put him on a
trial in a Minneapolis City courthouse. They want him to
be subjected to Minneapolis state law, and they want to
prosecute him and hang him out to drive. Meantime, the
FEDS are acting weird as well, because normally the FED,
the FEDS, and the and the state and the city
police all work together on an investigation. The lead investigator
is the FBI in a federal officer's situation like this.
But but they work together, and now the FED has said, no,
we're not going to give you anything. We're not going
to cooperate with you. You cannot have any of our material.
And so it seems like they're both being like children
on a playground. They both could help each other in
the investigation, but there are political reasons that they want
to keep Minneapolis and the state of Minnesota from prosecuting
this guy, and the state Minnesota wants to prosecute them
for political reasons. It just seems obvious to me. John
Miller talks a little bit about this.
Speaker 11: Oh, it's a complicated question because the FBI is in
charge of the investigation. Normally, in cases like this, the
FBI would work with the local authorities on the investigation.
We're seeing a statement saying that they've been cut out
of the case, which is concerning. On the other hand,
the Vice President's points are that there is the supremacy
clause which would come into any discussion about whether the
state can enforce rules or laws against federal agents in
the performance of their duty. There's the immunity that comes
with that, which is not absolute. And remember, the states
in this country and the federal government are separate sovereigns.
If the Attorney General of Minnesota launched an independent investigation,
interviewed their own witnesses, collected their own forensics, examine their
own videos, and charged this agent, that could happen, but
it would be met by challenges by the federal government
in court about those very issues and would have to
be litigated.
Speaker 1: Yeah, so State of Minnesota can go ahead with the prosecution.
They can do what they want, but if it ever
got to court, there would be a motion to move
it over to federal court immediately and it would be granted.
It's done. That's standard procedure. So minne Appolis, Minnesota, wants
to make an example out of this officer, there's no question.
And the officer, well, let's go back to John Miller,
because he's got the background on the officer who did
the shooting.
Speaker 11: Experienced agent. He's got ten years with the federal government,
but prior to that, he was in the military in
Iraq as part of a machine gunning squad. He has
been in stressful situations. He's on the Special Response Team.
He's a firearms qualified trainer. This is not a new
agent who went through the shortened training. This is a
very experienced street agent. One of the questions the Vice
President raises is if he was so affected by that incident,
should he have been out on the street. I doubt
that's the case. One of the things that you could
consider is having had that experience in his own mind.
When he sees his partner is got both of his
hands on that car as it starts to take off,
is he thinking I cannot let happen to him? What
happened to me where I was seriously injured. I read
his testimony in that trial about being dragged for one
hundred yards like a speeding car on and off the sidewalk,
swerving to shake him off. Could that have been going
through his mind. We don't know what it is in
his head, but I think it's something that would be
considered when they investigate this case.
Speaker 1: Well they it will come down to what it always
comes down to, and that is I felt my life
was in danger. Period, end of story. That's all he
has to say, and he gets off. It's that simple.
You have to always rely upon what was in the
officer's mind and you and I don't know what that was,
but he all he has to say, I felt like
my life was in danger. And everything will move on.
You might feel like your life is in danger. According
to congress Woman in PayPal, she represents Seattle, she's a
far far she's part of the squad. We haven't talked
about the squad in a while, but she's listened to
what she had to say. Talk about inflammatory rhetoric.
Speaker 12: But the truth is that every single person in the
United States of America, US citizens, white, black, brown, whoever
you are, you have to worry now that an ICE
agent is going to come and shoot at you and
kill you.
Speaker 1: So do you think maybe that was a little inflammatory
and you think, are you worried about the fact that,
oh my god, rush an ICE agent could just jump
out from behind a bush and shoot at me and
kill me. I mean, the chances of that are pretty high.
Aren't they. I mean, she's just trying to scare people.
She is just trying to scare people. The lot of
the same kind of rhetoric coming out of city Hall
in Minneapolis and out of the Governor's office in Mine, Minnesota.
It's gotten absolutely ridiculous. So they've got this new video
out today, and it was if you take a look
at the officer who shot the woman, he had it.
He pulled his gun out with his right hand from
his holster, but in his left hand you could see
he held up it looked like he was filming from
a camera. Well guess what that video from his camera
came out today. It did show that he was Again
I said this yesterday, I'll say it again. I think
he's going to get off. I don't think they will
find him. I don't think this is even going to
go to a trial again. All he's got to say
is I feared for my life. But in addition to that,
I look at what he did, and John Miller said
he was an experienced guy, ten years with Ice, but
they need to do some training with this guy. I
would think, what was he doing in front of that
vehicle as the other Ice officers were confronting the driver.
You are putting yourself in harm's way unnecessarily by standing
in front. And that's number one. Number two is most
police departments have very strict rules about never shooting into
a vehicle. I mean, there are some rare exceptions to it,
but what happens is exactly what happened here is that
the vehicle. Now you've got a two thousand pound machine
barreling down the road. Who knows who it's going to hit.
What it's going to to hit? A parked car, but
there was also a pedestrian on that sidewalk. So I
mean two, well three mistakes. One standing in front, under
the vehicle, even walking in front of the vehicle, you're
taking your chances. Number two, shooting inside a vehicle. And
number three, when he took the shots, two of his
colleagues ice officers were right there. Next year it was crossfire.
He was shooting toward them, which is a huge no
no when it comes to police tactics. So Carrier Bond,
the former DOJ lawyer, weighed in on this new video
that's out there.
Speaker 2: I think if I'm the officer standing in front of
that car, I think the car's about to hit me
and run me over, and I'm probably going to respond accordingly. Again,
we have to go back to what the court the
legal standard here is, which is the reasonableness of the
officer on the scene, the person who's standing there, their perspective.
The court takes into a totality of circumstance approach, but
it all comes down to that person's perspective and was
it reasonable and light what was happening. So, as I
watched that video, and I'm, you know, looking at it
from that perspective, it's clear the car was coming right
towards him, or at least appeared to be.
Speaker 5: And so I.
Speaker 2: Think this is a very helpful piece of footage as
we but most importantly the Department of Justice and the
FBI consider as they move forward and looking at the situation.
Speaker 1: All right, So we hope the things settle down in Minneapolis.
We'll see as nightfall comes around tonight. In other news today,
the President had a number of top executives from major
oil companies in the US at the White House this
afternoon and wanted to basically well, he said to them,
in a very salesman's way. He had them sitting around
a table in the East room, and he said, well,
I'm glad you're here, and you know you're going to
invest billions of dollars into Venezuela, and if not, then
then we move on without you, or some do that.
I'm paraphrasing, So he was basically telling them, telling them
either invest or you're not going to be part of
this whole deal. Well, let's start with Chris right. Well,
Secretary of Rubio was there, so was the vice president,
so Steven Miller was there, the chief of staff was there,
so it was a large group of people, but Chris Wright,
the Energy Secretary, kind of kicked off the event.
Speaker 13: When's it going to be at one point two million?
Could be just several months from now, it could be
up fifty percent in the first twelve or eighteen months
of this fifty percent increase in their production. That's a
better supplied world market.
Speaker 1: He was asked in a separate interview before this meeting
started about are we just going in and stealing the
oil from the people of Venezuela, and he said, absolutely not.
Speaker 13: This is not sealing of their oil. We're marketing their
oil at a better price than they can market the oil,
and we're bringing those funds back to Venezuela, but just
at our discretion, so we can use it as leverage
to get better behavior.
Speaker 1: Robert Wolf, who used to run ubs in New York,
was asked about those whole idea of getting US oil
companies to invest money in Venezuela.
Speaker 5: The President said makes sense.
Speaker 14: He wants lower oil prices, but for executives at oil companies,
that doesn't make sense to have oil, which the President
talked about at fifty dollars a barrel. Literally, you don't
want to do cap X when it's fifty dollars a
vital You have a negative return on investments.
Speaker 13: There's some oil executives who are saying, and we can
see profitable in a thirty five bucks.
Speaker 14: Yeah, well most The second thing I would say is
most people are not raising the hand to drill for
heavy crude in Venezuela, where you have to explore, then
you have to drill, then you have to refine the costs.
Speaker 5: Anna sat here the other days.
Speaker 14: I know, but they all look, there's a big news.
Then the last thing I will say, and the most important,
is the risk is exorbitant.
Speaker 5: Yesterday had a Russian a Russia submarine.
Speaker 14: I mean the idea of the extra security that you.
Speaker 5: Your anti US investment in Venezuelan oil.
Speaker 14: I think that no, it's not me being anti. If
I was an oil executive, I would say no unless
the government was going to supply a lot of capital
for it at really low interest rate.
Speaker 5: Yeah.
Speaker 1: These oil companies have been burned, their assets have been
stolen in previous endeavors with Venezuela, and right now they
seem to be doing just fine. The problem that we're
trying to drive the price lower. The president wants to
get the price down. I understand why, but at some
point it's not profitable and they start shutting in their
wells and in order to dry up supply. So most
oil companies say, well, they say that they can't make
a profit under sixty dollars a barrow well. Oil has
been below sixty for weeks in fifty five to sixty
dollars a barrow. President wants to get to fifty dollars
a barrel, and the oil companies are screaming saying, we're
not going to bother at fifty. It's going to cost
us more to get the oil producer market it, ship
it and do all the other things. You got to
do then our cost. It's going to cost us more
than what we can sell it. For Phil Flynn, who's
an old friend of mine from the Chicago work. He's
an oil trader in Chicago, and let's see what he
has to say about this meeting.
Speaker 15: I can't even tell you how historic this meeting could
be today. You know, with President Trump eighteen eighteen to
twenty of the biggest companies of traders and producers, not
only oil producers, but shell producers, pipeline and traders. Really
to set the stage to make a case for the
investment in Venezuela, not only for economic viewpoint, but from
a patriotic viewpoint as well, to show that this could
be an amazing opportunity to turn this hemisphere around and
have a future for the people of Venezuela. You know,
there's two stools that thought of that number. One one
hundred billion dollars might not go a long way in
rebuilding Venezuela. But let me tell you this, that step
in the direction when President Trump comes out with a
number like that, usually people fall in line. So I
expect that investment to be the starting point to rebuild
this infrastructure. And I think it's going to go beyond oil.
Think it's going to go towards production, grain buying, and
other products that the US will be selling to Venezuela.
You know, you know, I think when people throw out
prices like that, that's a moving target when it comes
to the profitability.
Speaker 5: I listen.
Speaker 15: I think today energy companies are going to want some
guarantees of security, right, not necessary for their capital, but
for their people. The US energy industry is used to
taking risks around the world, and I think they see
the upside of this opportunity. You know, as far as
you know the government in place, I think the US
energy companies should feel pretty confident with the success of
the US military, the way that they took Maduro out,
the way they listened to the US energy companies because
they wanted Darcy Rodriguez there, because they've worked with her before,
at least in the short term, until we get that
country stable, get a free election, but that'll take some time.
And in the meantime, the way to help that is
get their economy going, and the best way to do
that is to invest in their oil industry.
Speaker 1: So there were cameras the media still going on as
we're recording this podcast. There were cameras and microphones there.
One of the executives of Darren Woods, the CEO of
Exxon Mobile, the biggest oil company in the world. Listen
to his reaction to the idea of going into Venezuela.
Speaker 16: Thank you, mister President. I appreciate the invitation and the opportunity,
frankly for the entire industry to show up and provide
a perspective. Frankly, we've been kind of unresponsive to the
press regarding Venezuela. I guess today's the opportunity to address
the press directly with respect to a number of questions
that've been asked of exam Mobile. First and foremost, obviously,
is the interest that we have in Venezuela. And I
think you know the way I would position that. I
think one of the reasons why we see many of
the industry players here is we're in a depletion business
for a product that is in great demand, and we'll
be in demand for many, many, many decades to come.
And as a depletion business, the biggest challenge we have
is finding resources. There's an opportunity in Venezuela. With all
the resources there is, we don't have that challenge of
finding we have the challenge of developing those resources. So
I think it's on it's the best interest of these
companies and frankly society as a whole for the industry
to be interested in understanding what the opportunity here represents.
I'll just share a philosophy that xCE On Mobile has
when we enter countries. Because we do business all around
the world in a number of different regimes, we take
a very long term perspective. The investments that we make
span decades and decades, so we do not go into
any opportunity with a short mindset short term mindset. There's
a value proposition that we have to meet. There has
to be a win win win proposition. Obviously, it has
to be a win for the company and our shareholders,
and a generator return for the investments that we make
has to be a win for the government. The resources
are important source of revenue that help support the people
of the places that we do business, and that has
to be a win for the people.
Speaker 5: We have to be.
Speaker 16: Wanted there and to be a good neighbor, and those
three things ensure a stable, long term platform for the
large investments that we make for the long term. With
respect to Venezuela in particular, we have a very long
history in Venezuela. In fact, we first started Venezuela back
in nineteen nineteen forties. We've had our assets seized there twice,
and so you can imagine to re enter a third
time would require some pretty significant changes from what we've
historically seen here and what is currently the state. If
we look at the legal and commercial constructs and frameworks
from place today in Venezuela, today, it's uninvestable and so
significant changes have to be made to those commercial frameworks,
the legal system. There has to be durable investment protections,
and there has to be a change to the hydrocarbon
laws in the country. We're confident that with this administration
and President Trump working hand in hand with the Venezuelan government,
that those changes can be put in place. And with
respect to the Venezuelan government that perspective, we don't have
the view on. We haven't talked to the Venezuelan government,
and obviously we have yet to assess the people's perspective.
With perspectax On Mobile entering the company country in the
short term, there are things that can be done while
these longer term issues are being worked for us. We
haven't been in the country for almost twenty years. We
think it's absolutely critical in the short term that we
get a technical team in place to assess the current
state of the industry and the assets, to understand what
would be involved to help the people of Venezuela get
production back on the market. With the invitation of the Venezuelan
government and with appropriate security guarantees, we are ready to
put a team on the ground there. We also have
an integrated set of capabilities from production to refining to trading,
and I think we can be of assistance to getting
the Venezuelan crew to market and realizing the market price
to help again with the financial situation at Venezuela level.
So those are my short term perspective that I have.
I'd say and be closed with a thank you as
President for the work that you've done secure not only
the national security, the energy security of the region. And
then thank you Sectu Ruvio, Sectary right, Sectuary Burgham for
your leadership in this matter. Thank you.
Speaker 1: Well, I don't know what you heard. I heard he
said it's uninvestible and they had a long change list
of things that have to change before they would consider
going into Venezuela conical. Phillips was also very skeptical. Those
are the two biggies that were in the meeting today.
There were a lot of others that were smaller companies,
but the two giants basically are going, we're not so
sure that this. In fact, he said, it's not investible
right now. But he was trying to be politically nice,
and the host was the President, so he said, well,
I'm sure with your with your efforts and everything else
that you know, you'll be able to put get some
of this done. But they're not saying we're jumping to
do to do the work. We don't want to. We
don't want to do this unless there's a lot of changes,
and that's going to take a long time. So I
was surprised the President had an open camera meeting because
I kind of thought it might go this way. All right,
jobs report came out today. This is the first time
we've had the jobs report on time for three months.
Fifty thousand payrolls were added last month. It was estimated
to be seventy three thousand, So seventy three thousand is
a big slowdown. It was slower than that. It was
fifty thousand. It's okay, it's nothing to jump up and
down about. Unemployment rate went from four point five down
to four point four percent. The long term unemployed rate
the U six eight point four percent unemployment rate, Average
hourly earnings three point eight percent. That's better than the
inflation rate. Not much, but it's better, meaning you're making
more than your wages are going up more than inflation
is going up. They revised October jobs report to a
loss a minus one hundred and seventy three thousand payrolls.
That revised November down as well, to fifty seven thousand jobs.
The participation rate number of people actually out there participating
in the job market sixty two point four. That dropped
a little bit. When you look at where the jobs
were restaurants and bars, it's a restaurant. The bartender and
waiters did the best. They led the month, rising twenty
seven thousand, healthcare up twenty one thousand, Retail in December
declined by twenty five thousand, and the government added just
two thousand for the month. So as far as the
jobs report go, Natasha sarin Over at Yale, this was
her observation of it.
Speaker 17: What you're seeing is you're definitely seeing signs of the
label market is continuing to cool, and that is the
case with the fifty thousand number. And importantly, this is
the first number that we've gotten in recent months that
isn't contaminated by the government shutdown in it's aftermath, So
I actually think it's an important read. But what you
also know when we also saw that in the Jolt
data that we saw earlier this week, is that we
are continuing to be in this sort of like low
higher low fire economy, and even with a relatively low
unemployment rate, you aren't seeing hiring in the economy. And
I think that has to do with the fact that
there's just a lot of uncertainty right now. You're not
exactly sure if you're a firm or if you're an employee,
whether or not it makes sense to kind of take
the leap because you're not sure whether jobs are going
to be there to support you over the course of
the choices that you might make.
Speaker 1: So the job where was okay, it wasn't great. It
shows the labor to make market is still soft, and
like Natasha said, there is still a very low fire,
low higher type of job market that's out there. The
other big economic news they did not happen. Everybody was
guessing that the first day back for the Supreme Court
justices in the term for twenty twenty six, and they
were expected to make an announcement about their decision on tariffs,
and that is going I think we're going to have
a huge impact on the economy, but especially on as
President Trump's economic lead is his tariff policies. Anyway, they
didn't do it. I don't know when they're going to
come out with it, but they did not announce it today,
So everybody was braced and then nothing happened. Wall Street
was open for business as usual and fairly positive throughout
the trading session. The Dow finished up two hundred and
thirty seven. The Dow close forty nine thousand and five four,
so we're getting closer to that fifty thousand mark. SMP
was up forty four, the Deck was up one hundred
and ninety one. Price of gold good day, up fifty
six dollars to forty five seventeen, and oil second day
in a row of a decently big increase, up more
than a buck to fifty nine dollars now for one
barrel of oil. Thank you for coming by today. Have
yourself a terrific weekend. We'll be back here on Monday.
Hope you are too. We'll see you though,