1 00:00:23,760 --> 00:00:29,359 Speaker 1: Hello, and welcome to the Big Podcast on this Thursday. 2 00:00:29,399 --> 00:00:33,520 Today is the ninth day of April, Year of Our Lord, 3 00:00:33,560 --> 00:00:37,880 twenty twenty six. My name is Tom Sullivan, and well, 4 00:00:37,920 --> 00:00:40,520 we have a little different start to things. We've been 5 00:00:40,560 --> 00:00:43,000 doing so much about the war, the war and more 6 00:00:43,039 --> 00:00:47,479 about the war. But we had a surprise just a 7 00:00:47,520 --> 00:00:51,280 little while ago, just before we started recording. I got 8 00:00:51,399 --> 00:00:53,600 noticed earlier today all the media did. We got to 9 00:00:53,679 --> 00:00:56,479 notice that Milania Trump was going to be coming out 10 00:00:56,759 --> 00:00:59,439 at the White House and making some statement in the 11 00:00:59,439 --> 00:01:03,560 White House at two o'clock in the afternoon. And I thought, well, 12 00:01:04,879 --> 00:01:07,920 nobody's going to take it. It's going to be probably 13 00:01:07,959 --> 00:01:12,599 something about a garden party or about some effort to 14 00:01:12,640 --> 00:01:19,280 help unfortunate children, something along those lines. But instead, holy moly, 15 00:01:20,599 --> 00:01:25,599 Milania Trump came out and laid into people that are 16 00:01:25,680 --> 00:01:31,040 making up lies and fake images of her with Jeffrey Epstein. 17 00:01:32,000 --> 00:01:36,439 She puts the Epstein story smack dab on top of 18 00:01:36,519 --> 00:01:39,959 the news cycle today. And I know the President wants 19 00:01:40,000 --> 00:01:42,680 to get rid of the story. But she came out 20 00:01:42,760 --> 00:01:46,400 and she was very no, she wasn't emotional about it, 21 00:01:46,519 --> 00:01:49,719 she wasn't angry about it. She just said these lies 22 00:01:49,760 --> 00:01:52,719 and images have got to stop, and she called for 23 00:01:53,359 --> 00:01:59,120 congressional hearings. I mean it was startling because you don't 24 00:01:59,159 --> 00:02:02,799 expect something like that from the first lady talking about 25 00:02:02,799 --> 00:02:05,079 a garden club or something they're going to do with 26 00:02:05,159 --> 00:02:09,560 the White House. So I thought we'd start today with 27 00:02:10,400 --> 00:02:13,879 Malania's statement. It's about two minutes long, and here she. 28 00:02:14,000 --> 00:02:20,560 Speaker 2: Is Chris for Jeffrey Epstein need to end today. The 29 00:02:20,599 --> 00:02:27,479 individuals lying about me are devoid of ethical standards, humility, 30 00:02:28,400 --> 00:02:34,120 and respect. I do not object to their ignorance, but 31 00:02:34,360 --> 00:02:40,639 rather I reject their mean spirited attempts to defame my reputation. 32 00:02:42,719 --> 00:02:48,319 I never been friends with Epstein. Donald and I were 33 00:02:48,360 --> 00:02:52,960 invited to the same parties as Epstein from time to time, 34 00:02:54,120 --> 00:02:59,520 since overlapping in social circles is common in New York 35 00:02:59,560 --> 00:03:06,159 City and Palmvich. To be clear, I never had a 36 00:03:06,199 --> 00:03:14,360 relationship with Epstein or his accomplice Maxwell. My email reply 37 00:03:14,520 --> 00:03:22,439 to Maxwell cannot be catorist as anything more than casual correspondence. 38 00:03:24,240 --> 00:03:28,960 My polite reply to her email doesn't amount to anything 39 00:03:29,039 --> 00:03:35,879 more than a tribal note. I am not Epstein's victim. 40 00:03:37,120 --> 00:03:42,439 Epstein did not introduce me to Donald Trump. I met 41 00:03:42,439 --> 00:03:46,159 my husband by chance at the New York City Party 42 00:03:46,479 --> 00:03:52,479 in nineteen ninety eight. This initial encounter with my husband 43 00:03:52,680 --> 00:03:58,120 is documented in a detail in my book Millennia. The 44 00:03:58,199 --> 00:04:01,719 first time I crossed paths with Epstein was in the 45 00:04:01,800 --> 00:04:07,039 year two thousand, at an event Donald and I attended together. 46 00:04:08,560 --> 00:04:12,800 At the time, I had never met Epstein and had 47 00:04:12,840 --> 00:04:23,199 no knowledge of his criminal undertakings. Numerous fake images and 48 00:04:23,319 --> 00:04:28,680 statements about Epstein and me have been calculating on social 49 00:04:28,759 --> 00:04:35,839 media for years now. Be cautious about what you believe. 50 00:04:37,360 --> 00:04:43,920 His images and stories are completely false. I'm not a 51 00:04:43,959 --> 00:04:48,439 witness or a name witness in connection with any of 52 00:04:48,560 --> 00:04:53,959 Epstein's crimes. My name has never appeared in court documents, 53 00:04:54,800 --> 00:05:01,879 the positions, victim statements, or FBI in interviews surrounding the 54 00:05:01,879 --> 00:05:08,000 Epstein matter. I have never had any knowledge of epstein 55 00:05:08,800 --> 00:05:15,040 abuse of his victims. I was never involved in any capacity. 56 00:05:15,879 --> 00:05:20,759 I was not a participant, was never on Epstein's plane, 57 00:05:21,040 --> 00:05:28,360 and never visited his private highland. I have never been 58 00:05:28,439 --> 00:05:34,120 legally accused or convinced of a crime in connection with 59 00:05:34,240 --> 00:05:40,319 Epstein's sex trafficking, abuse of miners, and other repulsive behavior. 60 00:05:42,040 --> 00:05:47,480 The false smears about me from being spirited and politically motivated. 61 00:05:47,560 --> 00:05:52,720 Individuals and entities looking to cause damage to my good 62 00:05:52,800 --> 00:06:00,879 name to gain financially and climb politically must stop. Attorneys 63 00:06:00,920 --> 00:06:05,319 and I have fought this unfound and baseless lies with 64 00:06:05,439 --> 00:06:10,839 success and will continue to maintain my sound reputation without hesitation. 65 00:06:12,240 --> 00:06:18,240 To date, several individuals and companies have been legally obligated 66 00:06:18,800 --> 00:06:25,160 to publicly apologize and retract their lies about me, such 67 00:06:25,199 --> 00:06:33,399 as Daily Beast, James Carville, and Harper Collins UK. Now 68 00:06:33,519 --> 00:06:40,120 is the time for Congress to act. Epstein was not alone. 69 00:06:40,160 --> 00:06:45,600 Several prominent Mile executives resign from their powerful positions after 70 00:06:45,720 --> 00:06:53,000 this matter became widely politicized. Of course, this doesn't amount 71 00:06:53,040 --> 00:06:57,759 to guild, but we still must work openly and transparently 72 00:06:58,319 --> 00:07:03,240 to uncover the truth. I call on Congress to provide 73 00:07:03,279 --> 00:07:07,399 the women who have been victimized by Epstein with the 74 00:07:07,439 --> 00:07:14,759 public hearing specifically centered around the survivors. Give these victims 75 00:07:14,920 --> 00:07:20,079 their opportunity to testify under oath in front of Congress 76 00:07:20,839 --> 00:07:26,079 with the power of sworn testimony. Each and every woman 77 00:07:26,920 --> 00:07:30,199 should have her day to tell her story in public 78 00:07:30,600 --> 00:07:35,439 if she wishes, and then her testimony should be permanently 79 00:07:35,839 --> 00:07:43,480 entered into the congressional record. Then and only then we 80 00:07:43,560 --> 00:07:44,519 will have the truth. 81 00:07:45,439 --> 00:07:45,759 Speaker 3: Thank you. 82 00:07:49,000 --> 00:07:55,360 Speaker 1: During next to continued serving, Well that was a surprise. 83 00:07:56,120 --> 00:07:59,000 I mean I've truly thought I saw where there was 84 00:07:59,040 --> 00:08:00,839 going to be a statement. I thought it would be 85 00:08:00,879 --> 00:08:05,279 something about some you know program that the first lady's 86 00:08:05,319 --> 00:08:09,800 working on. Instead, she and this is interesting because President 87 00:08:09,839 --> 00:08:13,519 Trump has been trying to push this out of the story, 88 00:08:13,720 --> 00:08:17,879 out of the news, to get it off the table. 89 00:08:18,279 --> 00:08:21,680 Let's focus on something else, quit talking about it, he said. 90 00:08:22,480 --> 00:08:25,639 And so here comes his wife today, in the middle 91 00:08:25,680 --> 00:08:32,720 of all this about wars and politics and mid term elections, 92 00:08:32,720 --> 00:08:36,360 she comes out and she puts the Epstein story right back, 93 00:08:36,440 --> 00:08:41,039 smack dab on the top shelf of whatever is going 94 00:08:41,080 --> 00:08:44,519 to be discussed in Washington. So this was listen listen 95 00:08:44,639 --> 00:08:51,919 to John robertson Sandra Smith from a Fox had taken this, 96 00:08:52,000 --> 00:08:53,840 and this is their reaction afterward. 97 00:08:56,759 --> 00:09:01,480 Speaker 4: Well, the announcement obviously was exactly that. Her first few 98 00:09:01,519 --> 00:09:05,720 words got clipped by the pull mike as she began speaking, John, 99 00:09:05,759 --> 00:09:08,000 and I can tell you she led with the lies, 100 00:09:08,120 --> 00:09:12,480 linking me with the disgraceful Jeffrey Epstein need to end, 101 00:09:12,960 --> 00:09:16,360 making it very clear she wanted to clear up any 102 00:09:16,679 --> 00:09:19,080 rumor of her involvement with him. 103 00:09:19,600 --> 00:09:22,279 Speaker 5: That was a pretty extraordinary moment there at the White 104 00:09:22,279 --> 00:09:25,000 House that we just witnessed, with the first Lady coming 105 00:09:25,039 --> 00:09:29,320 forward to beat back all of these reports that came 106 00:09:29,360 --> 00:09:31,879 out recently with the new dump of the Epstein files, 107 00:09:31,879 --> 00:09:34,320 where a lot of people were linking her to Epstein, 108 00:09:34,399 --> 00:09:37,360 even suggesting that it was Jeffrey Epstein that introduced her. 109 00:09:37,759 --> 00:09:42,279 Speaker 1: I need to do better on my gossip columns because 110 00:09:42,600 --> 00:09:43,559 I skip over those. 111 00:09:43,639 --> 00:09:45,000 Speaker 3: I don't spend a lot of time. 112 00:09:45,080 --> 00:09:48,720 Speaker 1: I had no idea there was a problem with anybody 113 00:09:48,799 --> 00:09:51,519 saying anything about Malaney. I didn't know that she was 114 00:09:51,559 --> 00:09:55,240 in the news. She kind of disappears, but apparently John 115 00:09:55,320 --> 00:09:59,240 Roberts knew that there was something. But even he said, wow, 116 00:10:00,279 --> 00:10:03,480 that was a remarkable moment in the White House. He 117 00:10:03,559 --> 00:10:04,879 went on, let's listen. 118 00:10:04,720 --> 00:10:08,320 Speaker 5: For the first Lady to come out personally rather than 119 00:10:08,320 --> 00:10:11,799 through a statement through her office and slam back these rumors. 120 00:10:11,799 --> 00:10:14,000 I mean, I've never seen anything like that before. 121 00:10:14,639 --> 00:10:17,840 Speaker 4: Yeah, And there was no in the lead up to 122 00:10:17,840 --> 00:10:21,080 the announcement, we were not given any idea what that 123 00:10:21,240 --> 00:10:23,200 was about We were simply told by a White House 124 00:10:23,240 --> 00:10:26,200 official that it would be newsy and it was that. 125 00:10:26,240 --> 00:10:29,360 Speaker 1: Indeed, John, not to bore you with all the technical parts, 126 00:10:29,360 --> 00:10:34,039 but I have a screen that shows me up to 127 00:10:34,159 --> 00:10:37,039 six different networks at the same time, so I can 128 00:10:37,120 --> 00:10:38,639 kind of keep track of what's going on. And I 129 00:10:38,679 --> 00:10:42,000 saw Fox took the I've heard that Malania was going 130 00:10:42,000 --> 00:10:44,399 to make the statement at two o'clock, and I saw 131 00:10:44,519 --> 00:10:50,000 Fox was the only network taking Malania's statement, and I thought, okay, 132 00:10:50,240 --> 00:10:53,559 garden club thing. And then all of a sudden NBC, 133 00:10:53,879 --> 00:10:57,279 then all of a sudden CNN, then the BBC just 134 00:10:57,320 --> 00:11:00,399 spread because everybody went, what is this all about? 135 00:11:00,399 --> 00:11:00,440 Speaker 6: It? 136 00:11:00,600 --> 00:11:03,799 Speaker 1: So I don't know if are you aware that there 137 00:11:03,840 --> 00:11:07,039 are people trying to link her to Jeffrey Epstein in 138 00:11:07,080 --> 00:11:12,159 some nefarious way? I wasn't, And it sounds like John 139 00:11:12,240 --> 00:11:15,080 Roberts and Sandra Smith did not know either. Caught them 140 00:11:15,120 --> 00:11:22,159 by surprise. Ellie Honey, former federal prosecutor. He was asked 141 00:11:22,200 --> 00:11:25,840 about this by the anchors at CNN. 142 00:11:26,159 --> 00:11:27,639 Speaker 5: Well, it was definitely surprising, Brianna. 143 00:11:27,679 --> 00:11:30,600 Speaker 7: It's not entirely clear what precipitated it, but one thing 144 00:11:30,639 --> 00:11:33,639 I think is notable is the contrast between the first 145 00:11:33,720 --> 00:11:37,759 Ladies' comments there and the actual actions and conduct of 146 00:11:37,799 --> 00:11:40,639 the United States Justice Department so far. So we just 147 00:11:40,679 --> 00:11:43,519 heard Malania Trump come out and call for a public 148 00:11:43,759 --> 00:11:46,879 forum for the victims and survivors of Jeffrey Epstein to 149 00:11:46,879 --> 00:11:49,879 go in front of Congress and have their stories be told. 150 00:11:50,200 --> 00:11:51,639 Speaker 3: But let's contrast that with DOJ. 151 00:11:52,159 --> 00:11:55,200 Speaker 7: We know from when Pam Bondi testified last month that 152 00:11:55,320 --> 00:11:58,080 DJ has not even given a face to face audience 153 00:11:58,360 --> 00:12:01,000 to many of those victims. There was this unforgettable moment 154 00:12:01,279 --> 00:12:04,840 where several victims in the audience stood up and were asked, 155 00:12:05,200 --> 00:12:07,279 how many of you have requested a meeting with Pam Bondy. 156 00:12:07,320 --> 00:12:08,840 They all raised their hands. How many of you have 157 00:12:08,879 --> 00:12:11,399 been given any meeting? And none of them raised their hands. 158 00:12:11,559 --> 00:12:14,879 On top of that, we learned yesterday that Pambondi, herself, 159 00:12:14,960 --> 00:12:17,879 now the former Attorney General, believe that she doesn't have 160 00:12:17,919 --> 00:12:20,320 to testify DOJ is taking the position she doesn't have 161 00:12:20,360 --> 00:12:23,120 to testify in front of the House Oversight Committee about 162 00:12:23,120 --> 00:12:25,919 Epstein because she's no longer the Attorney General of the 163 00:12:26,000 --> 00:12:29,720 United States. Now that's a ridiculous position legally and logically, 164 00:12:29,960 --> 00:12:32,840 But I think there's a pretty stark contrast between how 165 00:12:32,879 --> 00:12:35,440 DOJ has approached this and to an extent, how Congress 166 00:12:35,480 --> 00:12:37,919 has approached this. On the one hand, with the open 167 00:12:37,960 --> 00:12:40,240 transparency that we just heard the first lady call for. 168 00:12:40,759 --> 00:12:44,559 Speaker 1: Yeah, so she's not elected, she's the spouse of the president, 169 00:12:45,240 --> 00:12:49,279 but she has cloud and this is going to make 170 00:12:49,440 --> 00:12:54,360 heads roll in Congress, in the Oversight Committee, and this story, 171 00:12:54,840 --> 00:12:57,919 as much as we've got wars and everything else going, 172 00:12:58,919 --> 00:13:02,600 this story, the Epstein story is not going away until 173 00:13:02,639 --> 00:13:07,279 they nail some people. I've said that all along. I 174 00:13:07,279 --> 00:13:11,360 truly believe it. She was talking about images and stories 175 00:13:11,399 --> 00:13:14,879 that you have seen are false, So she's talking about 176 00:13:15,120 --> 00:13:22,559 AI photos and AI stories, I guess. Anyway, I thought 177 00:13:22,600 --> 00:13:25,320 i'd lead with that because it was so out of 178 00:13:25,360 --> 00:13:29,600 the ordinary. It was such a surprise to everybody. Nobody 179 00:13:29,679 --> 00:13:32,919 had an inkling of what was going to be said 180 00:13:33,600 --> 00:13:38,279 or what it was even about. So that, and besides that, 181 00:13:38,399 --> 00:13:40,919 it gives me a chance to start with something other 182 00:13:40,960 --> 00:13:44,360 than war. But loud, no, no, the war is This 183 00:13:44,440 --> 00:13:47,639 is getting whackier too by the moment, isn't it. Is 184 00:13:47,679 --> 00:13:52,159 there a cease fire? I don't think so. Yeah, the 185 00:13:52,240 --> 00:13:56,879 ceasefire says, when one of the few requirements is we 186 00:13:56,960 --> 00:14:00,600 will stop attacking when you open this trade up horror moves. 187 00:14:01,159 --> 00:14:05,320 They haven't opened the strait of horror moves. And the 188 00:14:07,320 --> 00:14:11,840 regime in Tehran knows that that is their ace card 189 00:14:12,039 --> 00:14:15,720 and they're not letting go of that. Then, So let's 190 00:14:15,720 --> 00:14:20,639 start in here with the start in with General Kimmitt, 191 00:14:21,039 --> 00:14:25,440 retired General was asked about what he thinks of this 192 00:14:25,600 --> 00:14:26,919 so called ceasefire. 193 00:14:27,519 --> 00:14:30,639 Speaker 8: The United States has thrown the most advanced military in 194 00:14:30,679 --> 00:14:33,559 the world against the Iranians for the last twenty five days. 195 00:14:34,120 --> 00:14:37,519 The Iranians still think they're winning. They win because they're 196 00:14:37,519 --> 00:14:40,720 not losing. What else can we do to the Iranians 197 00:14:41,679 --> 00:14:46,600 to try to compel or persuade them to change their 198 00:14:46,720 --> 00:14:51,120 views on their nuclear program, their ballistic missile program, their proxies, 199 00:14:51,679 --> 00:14:53,320 and now the strait of horror moves. 200 00:14:54,320 --> 00:14:56,200 Speaker 3: When you add that all up, you've got to say. 201 00:14:56,080 --> 00:14:58,600 Speaker 8: Right now, the Iranians had the upper hand. We've been 202 00:14:58,639 --> 00:15:01,960 surprised that the resilience of the Iranian military, and I 203 00:15:01,960 --> 00:15:04,080 think our intelligence has led us down a little bit 204 00:15:04,120 --> 00:15:07,840 because we seem to keep getting the last launcher. But 205 00:15:07,960 --> 00:15:12,120 I've got to repeat, none of those attacks truly matter. 206 00:15:12,480 --> 00:15:15,200 That's the body count fallacy we had in Vietnam. The 207 00:15:15,240 --> 00:15:17,440 more we kill, the more we're going to be successful. 208 00:15:17,840 --> 00:15:22,879 This notion that's somehow knocking out launchers, notching out air 209 00:15:22,919 --> 00:15:26,919 defense systems, knocking out drones is somehow going to military 210 00:15:27,000 --> 00:15:30,639 victory translating to strategic victory. I think that still is 211 00:15:30,639 --> 00:15:31,720 a flawed strategy. 212 00:15:31,840 --> 00:15:34,600 Speaker 1: Well, he's the retired general, but I'm going yeah, you 213 00:15:34,639 --> 00:15:38,919 can pound him into the sand. But unless you go 214 00:15:39,000 --> 00:15:45,039 in and have troops occupying the government offices and arrest 215 00:15:45,120 --> 00:15:48,559 and round up any of the old regime, I'm sorry. 216 00:15:48,639 --> 00:15:49,159 Speaker 3: This is. 217 00:15:51,519 --> 00:15:54,519 Speaker 1: It's not a victory. It just is not a victory. 218 00:15:54,519 --> 00:15:59,639 Brett McGirk, former National Security Advisor as this observation fragile, I. 219 00:15:59,639 --> 00:16:02,360 Speaker 9: Think is is an understatement because right now, at least 220 00:16:02,360 --> 00:16:04,679 over the last twenty four hours, there really has not 221 00:16:04,759 --> 00:16:07,399 been a ceasefire. So just I mean, I try to 222 00:16:07,440 --> 00:16:09,600 separate signal from noise, and like, what do we know. 223 00:16:09,799 --> 00:16:12,799 So we've seen some of the largest attacks from Iran 224 00:16:12,840 --> 00:16:18,559 into the Gulf today against Kuwait Uae Cutter, Bahrain, even 225 00:16:18,600 --> 00:16:22,000 an attack in Saudi Arabia missiles and drones, the Strait 226 00:16:22,000 --> 00:16:25,720 of Hormuz is not open today. It looked like earlier today, 227 00:16:26,200 --> 00:16:28,600 same arrangement Iran has set during the war that you 228 00:16:28,639 --> 00:16:30,919 have to coordinate with them, you have to go into 229 00:16:30,960 --> 00:16:34,240 their area, pay a toll. That appeared to be happening, 230 00:16:34,279 --> 00:16:38,399 and then later Iran shut the straight because Israel launched 231 00:16:38,399 --> 00:16:41,480 a massive attack against his Bola and Lebanon, which Iran 232 00:16:41,519 --> 00:16:44,440 says violates the ceasefire, and the US says has actually 233 00:16:44,480 --> 00:16:46,519 had nothing to do with the ceasefire. So that's kind 234 00:16:46,559 --> 00:16:49,240 of where we are now, being on the other side 235 00:16:49,240 --> 00:16:52,000 of this in past roles, I don't envy anyone doing 236 00:16:52,000 --> 00:16:54,559 this very difficult work. It is very hard. I really 237 00:16:54,559 --> 00:16:57,480 hope this comes together over the course of the next day. 238 00:16:58,159 --> 00:17:01,919 But right now, fragiles, understatement and ceasefires are kind of 239 00:17:02,000 --> 00:17:05,200 like a humpty dumpty crack. It's very hard to put 240 00:17:05,200 --> 00:17:08,440 them back together. And of the ceasefires I've done in 241 00:17:08,480 --> 00:17:11,119 the past, it's very important to have the sea fire 242 00:17:11,160 --> 00:17:15,799 starts at this time have very clear expectations because they're 243 00:17:15,880 --> 00:17:18,920 very hard to get started, and some on each side 244 00:17:19,000 --> 00:17:20,720 want to fire off the last shot. You know that 245 00:17:20,799 --> 00:17:23,000 might happen, But as of right now, I would not 246 00:17:23,000 --> 00:17:26,240 say we're in a good spot. Just from what we're seeing. 247 00:17:26,319 --> 00:17:28,519 We can count missiles, we encount thrones, and we count 248 00:17:28,559 --> 00:17:32,119 ships whether ships are moving, and so far all of 249 00:17:32,119 --> 00:17:35,519 those indicators went at least today in the wrong direction. Well, 250 00:17:35,839 --> 00:17:39,920 this is where it's empirical. Are ships going through the 251 00:17:39,920 --> 00:17:43,279 strait and are they going freely? Free passage? I think 252 00:17:43,319 --> 00:17:49,319 the president's statement last night to announce the ceasefire was complete, immediate, safe, 253 00:17:49,359 --> 00:17:54,319 whatever that the three complete means status quo antebella, meaning 254 00:17:54,359 --> 00:17:57,599 before the war, it's an international passageway, ships can go. 255 00:17:58,200 --> 00:18:01,599 Iran has made clear that is not what they have agreed. 256 00:18:02,200 --> 00:18:04,920 And ships are not moving. There was a couple today 257 00:18:04,920 --> 00:18:07,359 that looked like they went through that Iranian They have 258 00:18:07,400 --> 00:18:09,359 to go up through the Iranian islands, maybe pay a 259 00:18:09,359 --> 00:18:12,000 toll to Iran. That is not free passage of the Strait. 260 00:18:12,200 --> 00:18:16,160 So again, whatever people are saying, whatever the Iranians are saying, 261 00:18:16,279 --> 00:18:18,920 whatever the White House is saying, we can actually look 262 00:18:18,920 --> 00:18:20,559 at what's happening, and when it comes to whether or 263 00:18:20,599 --> 00:18:23,440 not ships are passing through the Strait, we can count 264 00:18:23,440 --> 00:18:25,640 the ships, and so far today the strait is not 265 00:18:26,359 --> 00:18:30,039 certainly is not open. Well, if it's jd Vance and 266 00:18:30,079 --> 00:18:33,240 if it's the Speaker of Parliament, Mohammed Kabala. I think 267 00:18:33,279 --> 00:18:35,799 that is one of the most senior face to face 268 00:18:35,880 --> 00:18:38,799 meetings we've had with Iran that I can honestly recall. 269 00:18:39,240 --> 00:18:43,079 So again, if that happens, that's a big if. That 270 00:18:43,079 --> 00:18:46,599 would be quite extraordinary, and I think the Iranians are 271 00:18:46,720 --> 00:18:49,799 probably demanded. They're very protocol conscious. If they're going to 272 00:18:49,839 --> 00:18:52,599 send one of their truly top officials, they want to 273 00:18:52,599 --> 00:18:55,000 be with the Vice President. It's not Abasharachi, who is 274 00:18:55,000 --> 00:18:58,799 the Foreign Minister, who would be rubulous counterparts, so that 275 00:18:58,880 --> 00:19:00,480 might be one reason. 276 00:19:00,559 --> 00:19:01,680 Speaker 3: So we have to see. 277 00:19:01,759 --> 00:19:05,720 Speaker 9: I will say, having negotiated with your audience, there is 278 00:19:06,200 --> 00:19:08,400 a zero likelihood case that you're going to go into 279 00:19:08,400 --> 00:19:10,359 Pakistan for a couple of days and come out with 280 00:19:10,400 --> 00:19:14,319 an agreement. Negotiations with Iranians, even in the best case, 281 00:19:14,359 --> 00:19:16,400 if things are going well, can take weeks and months 282 00:19:16,480 --> 00:19:19,240 is very complicated subject matter, and what has been out 283 00:19:19,279 --> 00:19:24,400 publicly that the issues were chasms apart, so nothing is 284 00:19:24,839 --> 00:19:27,400 really close to being agreed. I mean, I would honestly 285 00:19:27,440 --> 00:19:32,240 advise maybe slowing that process down, sitting down face to face. 286 00:19:32,759 --> 00:19:35,880 If nothing has really been pre cooked. At that level, 287 00:19:36,359 --> 00:19:38,640 you're more likely than not to have a breakdown. And 288 00:19:38,640 --> 00:19:41,559 once you have a breakdown at that level, to reuse 289 00:19:41,599 --> 00:19:43,720 a humpty dumpty analogy, it's even harder to put it 290 00:19:43,759 --> 00:19:48,640 back together. So I don't know. I want this to work, Casey, 291 00:19:49,559 --> 00:19:52,720 but I'm very skeptical that something can come out of 292 00:19:52,720 --> 00:19:56,799 this over the weekend in Pakistan unless you have some 293 00:19:57,119 --> 00:19:59,640 look diplomacy, you've got to do a lot of the 294 00:19:59,680 --> 00:20:03,559 back around work, and before you get two very top 295 00:20:03,640 --> 00:20:07,880 officials in a room together, especially something as dynamic and 296 00:20:09,079 --> 00:20:11,039 important as this, whether or not a war is going 297 00:20:11,079 --> 00:20:14,039 to stop or might start again. And just from what 298 00:20:14,039 --> 00:20:16,039 we're seeing, and there could be something behind the scenes 299 00:20:16,039 --> 00:20:19,640 we're not seeing what we're seeing there is. We're nowhere 300 00:20:19,680 --> 00:20:24,519 near an agreement that the two sides might reach. So 301 00:20:25,240 --> 00:20:28,359 having a meeting in itself maybe might reduce the tension, 302 00:20:28,400 --> 00:20:31,119 but there's no sign of reducing the tension. So I 303 00:20:31,119 --> 00:20:33,799 would ask questions about before you do the meeting at 304 00:20:33,839 --> 00:20:39,480 that level, is it really ready or not? And I 305 00:20:39,839 --> 00:20:43,039 from all the kind of this mixed messaging that we've 306 00:20:43,039 --> 00:20:45,759 seen in the last twenty four hours, fifteen point Plan 307 00:20:45,880 --> 00:20:49,039 ten point planned, three different ten point plans. Lebanon's a 308 00:20:49,079 --> 00:20:51,559 part of it, says the Pakistani Prime minister. The vice 309 00:20:51,559 --> 00:20:55,119 president says, they're not. It seems like there's a lot 310 00:20:55,119 --> 00:20:58,119 of work to do before you have that tet a tet. 311 00:20:58,359 --> 00:21:00,559 Speaker 1: Girk has done a number of these, so he knows 312 00:21:00,599 --> 00:21:03,680 what he's talking about. By the way, on this Israel 313 00:21:03,880 --> 00:21:08,880 Lebanon situation, just a brief little touching of the of 314 00:21:08,920 --> 00:21:13,799 the tips on this. Lebanon is a very weak government 315 00:21:14,680 --> 00:21:18,480 and they were getting pushed around by Israel. This is 316 00:21:18,559 --> 00:21:22,920 decades ago, and so a group of Lebanese put together 317 00:21:23,160 --> 00:21:29,480 Hesblaw with funding from Iran. They pushed the Israelis back 318 00:21:29,680 --> 00:21:33,279 across the line and everybody said, you guys are our heroes. 319 00:21:34,759 --> 00:21:37,759 Everybody was saying hes Blah, thank you very much. The 320 00:21:37,799 --> 00:21:40,839 citizens of Lebanon were very, very thankful because the government 321 00:21:40,880 --> 00:21:43,240 had a very weak army and all of a sudden 322 00:21:43,279 --> 00:21:46,640 you've got this group that pushed the Israelis back out. 323 00:21:47,440 --> 00:21:51,079 The problem with that is, over the years, the Lebanese 324 00:21:51,240 --> 00:21:56,079 army is nothing. It's feckless. So hes Belah took over. 325 00:21:56,319 --> 00:21:59,400 They kind of got big bridges and started thinking, well, well, 326 00:21:59,480 --> 00:22:02,240 not only tech Lebanon, we're going to go do other 327 00:22:02,319 --> 00:22:06,759 things as well. So they've become a terrorist organization. And 328 00:22:08,640 --> 00:22:12,759 net and Yahoo keeps talking about willing to talk to Lebanon. Well, 329 00:22:12,799 --> 00:22:16,799 Lebanon's not the problem. It's Belaw is the problem. And 330 00:22:16,839 --> 00:22:20,680 he keeps avoiding the word has Belaw. So that's another 331 00:22:20,720 --> 00:22:23,720 one we have to wait and see. And about the 332 00:22:23,759 --> 00:22:30,440 tariffs for oil tankers going through the Strait, apparently the 333 00:22:30,440 --> 00:22:34,839 the fee is one dollar per barrel. I looked up 334 00:22:35,559 --> 00:22:38,680 what's the average size of an oil tanker and they 335 00:22:38,799 --> 00:22:42,920 range in size from one hundred thousand barrels to three 336 00:22:43,400 --> 00:22:48,920 million barrels. So the tariff is one hundred thousand dollars 337 00:22:49,000 --> 00:22:51,680 up to three million dollars for an oil tanker to 338 00:22:51,720 --> 00:22:54,799 go through. And that's why they keep talking about there's 339 00:22:54,799 --> 00:22:59,920 only been four that have actually gone through. Kareem set 340 00:23:00,119 --> 00:23:04,720 job poor is with the Carnegie Institute knows Ron like 341 00:23:04,839 --> 00:23:05,720 the back of his hand. 342 00:23:06,319 --> 00:23:09,160 Speaker 10: They believe that. And I say that not only because 343 00:23:09,160 --> 00:23:12,160 of their public statements, but because of conversations I have 344 00:23:12,279 --> 00:23:17,000 with people in Tehran that sound as triumphant privately as they. 345 00:23:17,000 --> 00:23:18,759 Speaker 6: Are as they as they are publicly. 346 00:23:18,839 --> 00:23:23,440 Speaker 10: Yes, and listen that could well prove to be a miscalculation. 347 00:23:23,599 --> 00:23:27,000 This regime has made many miscalculations over the years. I 348 00:23:27,039 --> 00:23:29,599 even think that there are parts of this regime within 349 00:23:29,640 --> 00:23:33,519 the Revolutionary Guards who don't mind prolonging this war, because 350 00:23:33,559 --> 00:23:36,279 once this war ends, what's going to happen is that 351 00:23:36,319 --> 00:23:39,519 the Iranian public, the majority of whom hate the regime, 352 00:23:39,880 --> 00:23:42,640 are going to go back to focus on their economic grievances, 353 00:23:43,000 --> 00:23:47,119 social and political grievances, and there could well be more protests. 354 00:23:47,119 --> 00:23:50,400 And when war is happening, it is a distraction from 355 00:23:50,440 --> 00:23:53,559 that public anger against the regime not good. 356 00:23:54,119 --> 00:23:55,759 Speaker 1: So they want to keep the war going so they 357 00:23:55,759 --> 00:23:57,720 can keep the attention off of all the problems that 358 00:23:57,759 --> 00:23:58,559 people are having. 359 00:23:59,480 --> 00:24:00,160 Speaker 3: NATO. 360 00:24:00,000 --> 00:24:04,200 Speaker 1: So the president met yesterday with the head of NATO, 361 00:24:04,359 --> 00:24:09,839 Mark Ruta, and the President said this after the meeting, I. 362 00:24:09,799 --> 00:24:12,720 Speaker 3: Have to tell you, I'm very disappointed in NATO. Very 363 00:24:12,799 --> 00:24:13,640 I think that NATO. 364 00:24:14,599 --> 00:24:17,759 Speaker 5: I think it's a mark on NATA that will never disappear, 365 00:24:17,839 --> 00:24:19,000 never disappear in my mind. 366 00:24:19,039 --> 00:24:24,559 Speaker 1: Though he sounds genuinely unhappy, Mark Ruda, the head of NATO, 367 00:24:24,759 --> 00:24:26,039 had this then, Yes. 368 00:24:25,960 --> 00:24:28,359 Speaker 11: But a large majority of European countrent that's what we 369 00:24:28,440 --> 00:24:31,480 discussed today, have done what they promised before in a 370 00:24:31,480 --> 00:24:35,480 case like this, because they know that when it comes 371 00:24:35,559 --> 00:24:38,079 to NATO, it's there to protect the United States. 372 00:24:38,079 --> 00:24:40,680 Speaker 3: So the US did with Iraan. They could do. 373 00:24:40,720 --> 00:24:43,480 Speaker 11: Because so many European countries lift up to those commitments, 374 00:24:43,759 --> 00:24:47,359 not all of them, And I totally understand his disappointment 375 00:24:47,359 --> 00:24:51,400 about that, but it's is therefore a nuance picture. 376 00:24:51,519 --> 00:24:53,519 Speaker 1: He sounds like a salesman is having a hard time 377 00:24:53,519 --> 00:24:58,960 getting in order. Kurt Volker, who is very involved with NATO, 378 00:24:59,200 --> 00:25:01,279 knows some back words and forwards, had. 379 00:25:01,160 --> 00:25:04,519 Speaker 12: This it is look. First off, Mark Root is a 380 00:25:04,519 --> 00:25:07,599 great Secretary general. He's doing his job here. He is 381 00:25:07,640 --> 00:25:10,240 trying to keep the United States and Europe working together 382 00:25:10,319 --> 00:25:12,880 on the same page, and I think he's doing an 383 00:25:12,920 --> 00:25:17,319 outstanding job. Now, what's the issue here. NATO is a 384 00:25:17,359 --> 00:25:20,599 defensive alliance. The purpose of NATO's defined in a treaty. 385 00:25:20,960 --> 00:25:24,039 It's about deterring any attacks on Europe or the United 386 00:25:24,119 --> 00:25:26,799 States so that no one dares attack because there's a 387 00:25:26,799 --> 00:25:31,160 collective defense. Now President Trump wanted was Europe to go 388 00:25:31,200 --> 00:25:33,920 and join a war against Iran that he started without 389 00:25:33,920 --> 00:25:38,119 telling anyone, and our allies were caught off guard. They 390 00:25:38,119 --> 00:25:41,680 weren't prepared for that, They didn't know what the operation was. 391 00:25:42,039 --> 00:25:45,279 President Trump sometimes said we don't need them, and then 392 00:25:45,319 --> 00:25:48,240 sometimes said they weren't there when we needed them. So 393 00:25:48,720 --> 00:25:50,599 I think you can understand why the allies are a 394 00:25:50,640 --> 00:25:53,920 bit confused. What RUTA is now trying to do is 395 00:25:54,079 --> 00:25:57,960 calm things down and get everybody together. And I think 396 00:25:57,960 --> 00:26:01,599 what we should be talking about is this is not over. 397 00:26:01,720 --> 00:26:03,759 You know, the Persian golf is not fully open. We 398 00:26:03,799 --> 00:26:07,519 will have more things going on. Let's talk now about 399 00:26:07,599 --> 00:26:10,960 what a concept of operations would be that our allies 400 00:26:11,039 --> 00:26:13,960 can take part in that we would lead that would 401 00:26:13,960 --> 00:26:17,079 actually help secure shipping in the golf without the ransom 402 00:26:17,119 --> 00:26:19,880 and taking countries hostage and things. As we were just 403 00:26:19,920 --> 00:26:24,759 hearing about. Yeah, some of them view the US attack 404 00:26:24,880 --> 00:26:28,640 on Iran as illegal under international law, and then view 405 00:26:28,880 --> 00:26:32,279 their support for that as illegal as well. That is 406 00:26:32,359 --> 00:26:35,519 something that we would dispute. We would say that Iran 407 00:26:36,000 --> 00:26:39,759 attacked Israel, there's a war going on, Israel has a 408 00:26:39,839 --> 00:26:43,240 right of self defense, including collective self defense, and we're 409 00:26:43,279 --> 00:26:46,440 just helping them. That's a legal argument that you can 410 00:26:46,440 --> 00:26:50,000 get tangled up on. But the bottom line is that 411 00:26:50,319 --> 00:26:53,079 they did not understand what President Trump was doing. What 412 00:26:53,119 --> 00:26:56,240 the goal was seemed to keep shifting, and they weren't 413 00:26:56,319 --> 00:26:59,720 asked to do anything particular. President Trump just seemed to 414 00:27:00,079 --> 00:27:03,200 want them to be there without there being any common operation, 415 00:27:03,720 --> 00:27:06,440 and then also with our military saying, look, we really 416 00:27:06,440 --> 00:27:09,640 don't need them, so this is something we would prefer 417 00:27:09,680 --> 00:27:12,200 to handle on our own. So a lot of confusion 418 00:27:12,240 --> 00:27:15,640 over this, and I think what happened yesterday it's exactly 419 00:27:15,680 --> 00:27:18,960 the right step President Trump sitting down with Secretary General 420 00:27:19,359 --> 00:27:22,519 talking this through and then hopefully looking forward to what 421 00:27:22,559 --> 00:27:23,119 we do now. 422 00:27:23,200 --> 00:27:25,160 Speaker 1: I don't know if you caught it, but what Kurt 423 00:27:25,200 --> 00:27:30,119 Bolker said was that NATO is a defensive agreement, not 424 00:27:30,240 --> 00:27:32,720 an offensive agreement that we're going to get together and 425 00:27:32,759 --> 00:27:37,279 go bomb a country. It's to defend each other from 426 00:27:37,359 --> 00:27:41,000 attacks from the outside, which puts a different twist on it. 427 00:27:41,319 --> 00:27:46,720 Admiral James Stavritas was the Supreme Allied NATO commander a 428 00:27:46,759 --> 00:27:50,920 few years back, and he says, hey, NATO, from his 429 00:27:51,039 --> 00:27:54,680 view as a military commander, NATO was important. 430 00:27:55,200 --> 00:27:59,559 Speaker 6: First and foremost. I simply want to say NATO was 431 00:27:59,640 --> 00:28:02,759 there when we needed them after we were attacked on 432 00:28:02,880 --> 00:28:05,599 nine to eleven. The Europeans who had not been attacked 433 00:28:06,000 --> 00:28:09,599 came in tens of thousands, almost fifty thousand of them 434 00:28:10,440 --> 00:28:14,759 stationed in Afghanistan under my command. They fought bravely as well. 435 00:28:14,839 --> 00:28:17,960 So let's dispense where the NATO's not there when we 436 00:28:18,039 --> 00:28:23,119 need them. In terms of this particular moment, I think 437 00:28:23,240 --> 00:28:26,440 where this is headed is President Trump will look at 438 00:28:26,440 --> 00:28:30,799 some of the nations that denied, for example, overflight basing rights, 439 00:28:30,839 --> 00:28:34,680 notably Spain, which is also a laggered on defense spending, 440 00:28:35,279 --> 00:28:39,559 and perhaps start pulling some US troops out of those countries. 441 00:28:39,839 --> 00:28:43,880 That's economically significant for those nations who are happy to 442 00:28:43,880 --> 00:28:47,880 have those American troops not only for security but also 443 00:28:47,960 --> 00:28:51,200 for economic benefits. So I think that's where this is headed, 444 00:28:51,440 --> 00:28:54,759 as opposed to a full blown withdrawal from NATO, which 445 00:28:54,759 --> 00:28:58,400 would be a geopolitical mistake of epic proportion. 446 00:28:58,880 --> 00:29:02,000 Speaker 1: That's all going to be sorted out, I guess I 447 00:29:02,000 --> 00:29:04,039 don't think it'll be sorted out this weekend, but at 448 00:29:04,119 --> 00:29:08,279 least the meeting is on in Pakistan. US delegation will 449 00:29:08,319 --> 00:29:12,759 be headed by our Vice President Jadie Vance, Steve Witkoff 450 00:29:12,880 --> 00:29:16,200 and Jared Kushner will be there, and they're buzzing about 451 00:29:16,200 --> 00:29:20,079 the fact that maybe Admiral Brad Cooper, the head of Sentcom, 452 00:29:20,799 --> 00:29:24,480 may also attend that meeting. As far as the Iranians, 453 00:29:25,480 --> 00:29:30,640 the parliament's Iranian parliament Speaker, the Foreign Minister, and the 454 00:29:30,680 --> 00:29:33,160 Deputy Foreign Minister from Iran will be there, so it'll 455 00:29:33,160 --> 00:29:35,640 be very high level. I don't know if they're going 456 00:29:35,680 --> 00:29:40,799 to get anywhere, And the Iranians are famous for obfuscating. 457 00:29:40,839 --> 00:29:45,200 They just that's what they do, all right. The markets, 458 00:29:47,440 --> 00:29:52,119 what can you say? The markets? There's a number of 459 00:29:52,160 --> 00:29:55,240 market prognosticators that are saying, looks like we've hit the 460 00:29:55,279 --> 00:29:59,440 bottom of all this craziness and that the big updrafts 461 00:29:59,440 --> 00:30:03,559 and downdre depend upon the latest headline. I don't think 462 00:30:03,599 --> 00:30:05,880 that's going to go away. So I do think we 463 00:30:06,039 --> 00:30:10,160 may have seen most of the down draft. There may 464 00:30:10,200 --> 00:30:13,160 be some new ones coming along, but I think we 465 00:30:13,240 --> 00:30:19,240 will absolutely see volatility. And nobody better to check one 466 00:30:19,559 --> 00:30:25,799 with his prognostication than professor of finance from the Wharton 467 00:30:25,880 --> 00:30:27,279 School Jeremy Siegel. 468 00:30:28,680 --> 00:30:32,079 Speaker 13: Well, I the soccer market might have bottomed, and I 469 00:30:32,160 --> 00:30:33,440 agree with Tom that we're going. 470 00:30:33,400 --> 00:30:37,240 Speaker 3: To hit all time highs. The question is when. 471 00:30:38,640 --> 00:30:41,960 Speaker 13: And I don't think the short term looks all that 472 00:30:42,079 --> 00:30:46,279 favorable to me, very honestly. I think what happened on 473 00:30:46,359 --> 00:30:49,880 Tuesday was the worst case scenario. And I was actually 474 00:30:49,880 --> 00:30:53,359 with Scott Watner on that Tuesday was that Iran was 475 00:30:53,400 --> 00:30:57,880 going to if the US attack actually destroy many of 476 00:30:57,920 --> 00:31:01,720 the ports and oil facilities up and down the coast, 477 00:31:01,720 --> 00:31:04,319 that's sort of off the table. And I think what 478 00:31:04,359 --> 00:31:07,400 you got yesterday was the relief rally that that worst 479 00:31:07,400 --> 00:31:11,720 case scenario is off the table. But you know, developments now, 480 00:31:11,799 --> 00:31:15,599 I mean, oil is still in the upper nineties and 481 00:31:15,680 --> 00:31:19,839 as you guys say that ven diagram of of demands 482 00:31:19,880 --> 00:31:22,400 on each side looks like it has a zero intersection, 483 00:31:24,359 --> 00:31:28,559 and you know that's a question. I mean, let me 484 00:31:28,559 --> 00:31:32,519 put it another way. We had Delta was very optimistic. 485 00:31:32,880 --> 00:31:36,680 Then he said there's two billion dollars more fuel expense 486 00:31:36,799 --> 00:31:40,119 that he is budgeting. Well, how is he going to 487 00:31:40,200 --> 00:31:43,599 cover that to keep earnings up? The only way to 488 00:31:43,640 --> 00:31:44,119 cover that, to. 489 00:31:44,160 --> 00:31:46,440 Speaker 3: Keep earings up is a raise fares. 490 00:31:47,119 --> 00:31:50,039 Speaker 13: Yes, past bookings have been good, but past all past 491 00:31:50,079 --> 00:31:56,799 bookings have been based on oil that was sixty, So 492 00:31:57,079 --> 00:32:02,279 it's not based on oil that's eighty or or one hundred. 493 00:32:03,480 --> 00:32:08,279 And Secondly, I think any sort of rate cut is 494 00:32:08,319 --> 00:32:11,079 really off the table. And I am beginning to think 495 00:32:11,160 --> 00:32:14,920 that the most likely direction on the FED is a 496 00:32:15,000 --> 00:32:18,519 rate hike, not imminently. And I think that unless something 497 00:32:18,559 --> 00:32:23,039 gets really bad, that power will pass at his last meeting, 498 00:32:23,039 --> 00:32:25,039 which I do think that the next meeting will be 499 00:32:25,119 --> 00:32:25,920 his last meeting. 500 00:32:26,519 --> 00:32:28,559 Speaker 3: But I'm looking at the money supply and. 501 00:32:28,720 --> 00:32:32,519 Speaker 13: I see it expanding, and I'm looking at commodity prices 502 00:32:32,559 --> 00:32:37,920 and I see that expanding fiscal policy defense spending. I 503 00:32:37,960 --> 00:32:43,039 don't see how the FED can in fact ease at 504 00:32:43,039 --> 00:32:46,559 this point. That's going to be a challenge for bondshan 505 00:32:47,039 --> 00:32:48,160 and the equity market. 506 00:32:48,200 --> 00:32:50,640 Speaker 1: So Jeremy Siegel a one view of this. 507 00:32:50,759 --> 00:32:51,279 Speaker 3: We don't know. 508 00:32:51,400 --> 00:32:54,039 Speaker 1: But we did get one report about the economy, and 509 00:32:54,079 --> 00:32:57,839 it is a favorite indicator of the FED. It's the 510 00:32:57,920 --> 00:33:02,039 personal consumption expenditure index, in other words, stuff that you 511 00:33:02,119 --> 00:33:09,000 buy personally consume. And it was well, the year over 512 00:33:09,160 --> 00:33:13,079 year two point eight percent. That's the inflation rate of 513 00:33:13,200 --> 00:33:15,880 things that we buy, and you take out food and 514 00:33:15,960 --> 00:33:18,400 energy to get to the core rate, and that was 515 00:33:18,680 --> 00:33:22,759 three percent, so it's it had from a year ago. 516 00:33:22,799 --> 00:33:25,440 That's about where we were at the beginning of twenty 517 00:33:25,559 --> 00:33:29,400 twenty five. Then it improved. We got the inflation rate 518 00:33:29,440 --> 00:33:32,079 down to two point three and now it's back up 519 00:33:32,480 --> 00:33:34,799 to take your pick, two point eight or three percent, 520 00:33:34,839 --> 00:33:38,240 whichever way you want to measure it. So inflation, that's 521 00:33:38,519 --> 00:33:41,839 These are numbers before the war started, and you know 522 00:33:41,880 --> 00:33:45,240 what's going to happen once we start getting the pricing 523 00:33:45,480 --> 00:33:48,400 in from the effects of the war, we're going to 524 00:33:48,400 --> 00:33:53,440 see higher inflation coming. So with that, on Wall Street 525 00:33:53,480 --> 00:34:02,279 today we saw mildly positive, not much positivity at all 526 00:34:02,680 --> 00:34:07,400 in any of the stock indexes until about halfway through 527 00:34:07,440 --> 00:34:10,599 the day, and then we went the now finishing up 528 00:34:10,920 --> 00:34:14,639 two hundred seventy five to forty eight thousand and one 529 00:34:14,800 --> 00:34:18,480 eighty five. S and P went up same pattern. About 530 00:34:18,480 --> 00:34:22,320 halfway through the day started to gain up forty one points, 531 00:34:22,599 --> 00:34:26,639 same with the Nasdaq finished up one hundred eighty seven. 532 00:34:27,480 --> 00:34:30,719 Gold went up seventeen dollars to forty seven ninety four, 533 00:34:31,400 --> 00:34:37,480 and oil, well, this is oil bounces around based upon 534 00:34:37,559 --> 00:34:40,519 every little headline. It got up to one hundred and 535 00:34:40,599 --> 00:34:45,000 two dollars today, got down to about ninety five, and 536 00:34:45,039 --> 00:34:48,960 it finished at ninety eight dollars in some change for 537 00:34:49,000 --> 00:34:52,039 a barrel of oil. So that's it for today. Thank 538 00:34:52,079 --> 00:34:55,719 you for coming by. We will be back again tomorrow 539 00:34:55,719 --> 00:34:57,360 and I hope to see you then