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Speaker 1: Welcome to another edition of the Chicks on the Right

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Speaker 1: podcast where we talk to our friend and sponsor of

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Speaker 1: the show, Zach Abraham from Bulwert Capital Management. Zach, it's

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Speaker 1: been a while. It's been kind of uneventful lately, that's

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Speaker 1: what's going on. But we just watched when Netanyahu was

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Speaker 1: here to give his address to the Houses of Congress.

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Speaker 1: We watched the most despicable protests happening outside of the Capitol.

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Speaker 1: And when stuff like that happens and it gets really

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Speaker 1: riled up and violent, it makes people uneasy about everything,

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Speaker 1: including finances. So would you what's your message to people

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Speaker 1: who may be concerned right now?

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Speaker 2: My biggest message would be that.

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Speaker 3: In virtually all scenarios, if we're talking about things that

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Speaker 3: are political or having to do with elections and things

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Speaker 3: of that nature, to those things have tremendous impacts on

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Speaker 3: our lives, right and our principles, especially in this environment.

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Speaker 3: You know, I feel like every election is, you know,

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Speaker 3: a referendum on whether America is going to continue to

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Speaker 3: be what we all know and love or whether we're

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Speaker 3: going to turn into some you know, banana authoritarian republic.

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Speaker 3: And so those are worries, but in the short run,

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Speaker 3: any turbulence that that were to So, for instance, if

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Speaker 3: there was a really bad protest and let's say the

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Speaker 3: stock market sold off by five to seven percent, all

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Speaker 3: things being equal, we'd probably be stepping in there and

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Speaker 3: buying it, just because the things that are driving the

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Speaker 3: market up, especially in this environment, really aren't related to that.

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Speaker 3: Right The biggest drivers of this stock market right now

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Speaker 3: are the Federal Reserve and the US government spending unbelievable

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Speaker 3: amounts of money. And so unless I see something impacting

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Speaker 3: those dynamics, it's probably not going to have a big impact,

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Speaker 3: you know, any for any prolonged period of time. You know,

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Speaker 3: it could put on some gyrations in the market in

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Speaker 3: the short term, but I think that those are the

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Speaker 3: kind of things that investors are usually wise to just

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Speaker 3: you know, keep a calm hand and not make decisions based.

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Speaker 2: On those kinds of things.

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Speaker 4: And our news cycle is so crazy right now anyway, Yeah.

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Speaker 3: I mean, you know, but but what you're watching though,

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Speaker 3: and people will be like, what happened on Wednesday, you know,

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Speaker 3: Nasdaq was down three point seven percent.

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Speaker 2: Overall stock market was down almost two and a half.

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Speaker 3: That didn't have anything to do with the election or

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Speaker 3: Biden or anything like that.

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Speaker 2: It happened to do.

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Speaker 3: Everything was that has everything to do with a lot

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Speaker 3: of stuff that we've been talking about, which is just

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Speaker 3: you've got a very small basket of stocks that just

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Speaker 3: keeps going to the moon and you're getting to a

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Speaker 3: point where the underlying earnings and the underlying you know,

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Speaker 3: production of those companies they're still great companies, but they

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Speaker 3: just can't support those valuations. Yeah, you know, and markets

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Speaker 3: do that sometimes, right. I mean, there's not always a

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Speaker 3: reason why the market's up or the markets down.

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Speaker 2: It could just be whatever.

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Speaker 3: But people like, oh, are we finally hitting the turbulence

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Speaker 3: in the market because of the assassination attempt or Biden

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Speaker 3: stepping down?

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Speaker 2: I'm like, no, this is this what markets do?

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Speaker 1: You know?

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Speaker 3: If they if they go too far one direction, you're

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Speaker 3: going to see a violence spin the other direction.

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Speaker 2: So that's that's really all that was.

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Speaker 1: What do you think And I know we're all conservatives

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Speaker 1: here and we're shamelessly so, but but how would a

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Speaker 1: Trump victory impact the markets versus a Kamala victory? Like,

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Speaker 1: what what do you think would be the immediate response?

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Speaker 2: So a Kamala victory and I still don't really believe

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Speaker 2: that they're going to run her.

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Speaker 1: I still don't.

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Speaker 4: You really don't.

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Speaker 3: I mean, you're talking about the most incompetent person that's

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Speaker 3: ever been on a major But.

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Speaker 4: They're building her up, man, Oh my god, building her.

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Speaker 4: They've rebranded her Zach. Just like three days, they've rebranded

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Speaker 4: this woman. It's remarkable.

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Speaker 3: And like my grandfather used to tell me, don't over

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Speaker 3: underestimate the stupidity of the American people. Yeah, I've seen

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Speaker 3: people change their Twitter pictures to pictures of her. Oh yeah,

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Speaker 3: I ran into that.

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Speaker 2: I ran into that. Drew Barrymore interviewed the other day

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Speaker 2: where she called her Mamala.

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Speaker 1: Mamala is what her step kids call her.

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Speaker 4: Yeah, oh yeah, it's crazy fantastic.

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Speaker 3: But I think that there probably wouldn't be much reaction

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Speaker 3: initially to her, And if there was any reaction, I

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Speaker 3: think it would be negative, probably not deeply. So. If

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Speaker 3: Trump got elected, the markets had probably rallied pretty hard,

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Speaker 3: and and just because they know what they're getting with him, right,

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Speaker 3: they know that he's going to take economic actions that

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Speaker 3: are beneficial to the United States with her.

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Speaker 2: Yeah, right, she's a black box, you know, meaning really

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Speaker 2: the only things we know.

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Speaker 3: About her is that she sounds like she's kind of

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Speaker 3: a sympathetic communist.

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Speaker 4: Right, she's way liberals, more liberal than Bernie. Yeah, that

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Speaker 4: you called her that, though.

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Speaker 1: I hope that sound bite travels forever and ever and ever,

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Speaker 1: because that is hilarious.

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Speaker 4: Accidentally a black box.

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Speaker 3: Yeah yeah, I didn't even think about that, you know,

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Speaker 3: even listening to the narratives around her, like black men.

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Speaker 2: You know.

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Speaker 3: I was reading a Twitter profile the other day. It

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Speaker 3: was like extolling her and ripping down capitalism. And one

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Speaker 3: of the reasons they cited for ripping down capitalism is

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Speaker 3: the capitalism is responsible for an endless stream of black

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Speaker 3: men going into prison. And I'm like, man, go look

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Speaker 3: at her judicial record. Yeah, I mean, are you kidding me?

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Speaker 3: I mean, Trump passed the Second Chance Act. She was

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Speaker 3: she was imprisoning guys right and left for marijuana violations.

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Speaker 4: California asked totally about that. She like completely like slammed

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Speaker 4: her in that debate. Remember, people forget about that stuff.

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Speaker 4: I don't. It's crazy to me how they forget about

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Speaker 4: that when now she again is being rebranded as this

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Speaker 4: completely different person that we saw all during that time

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Speaker 4: time frame or or or how about.

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Speaker 3: The irony of the party that is supposedly trying to

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Speaker 3: rescue democracy and they're putting somebody up. The last time

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Speaker 3: they ran got less than one percent of the democratic vote, right, Like,

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Speaker 3: I mean, you can't make this stuff up. So part

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Speaker 3: of me, I mean, she's probably, like you know, in

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Speaker 3: my opinion, and I don't I don't think a lot

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Speaker 3: of people would argue with this. I think she's the

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Speaker 3: least qualified, least you know that I've seen in my

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Speaker 3: lifetime on any one of the tickets.

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Speaker 2: It's remarkable.

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Speaker 3: And the fact that people are excited about turning the

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Speaker 3: reins of this country over to her, Like.

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Speaker 4: It's all about identity politics. That's and that's about.

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Speaker 2: That's all we've got at this point.

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Speaker 3: And it's it's deeply frustrating to me, and I know

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Speaker 3: it is for you guys too, but for people that

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Speaker 3: rely on facts and data and things like that, it's

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Speaker 3: just it's not what anybody cares about rights and she's

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Speaker 3: the savior of America.

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Speaker 4: It's crazy, everything's upside down.

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Speaker 3: You know, you guys are like me, right, Like, I mean,

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Speaker 3: obviously I don't think anybody needs to really, you know,

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Speaker 3: use their imagination to figure out which side of this

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Speaker 3: selection I'm on. That being said, Trump's not you know,

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Speaker 3: he's not my ideal candidate. He's not I'm not a

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Speaker 3: you know, I'm not a Trump sick a fan by

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Speaker 3: any stretch of the imagination. But to look at those

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Speaker 3: two people and think that she's more qualified to run

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Speaker 3: a lemonade stand let alone the country, I mean, come.

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Speaker 4: On, right on.

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Speaker 1: So we encouraged our audience to attend your last webinar

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Speaker 1: earlier in the week, and I know you host those frequently,

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Speaker 1: which is great. So how can people find out more

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Speaker 1: about those and more about you and more about Bulwark

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Speaker 1: Capital Management.

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Speaker 2: Yeah, so pretty easy to find.

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Speaker 3: So we do our radio show every single week, and

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Speaker 3: then we do a twenty five minute kind of market

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Speaker 3: recap of everything important that's happened in the markets and

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Speaker 3: politics every single day.

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Speaker 2: That's we call it our Daily Dots. You can find

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Speaker 2: that on Know Your Risk Radio.

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Speaker 3: It's a pod on every podcast site you can find us,

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Speaker 3: and you call eight sixty six seven to seventy nine risk.

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Speaker 3: That's eight underline to our office. Go to Bulworkapitalmanagement dot com.

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Speaker 3: But Bullwork Capital Management Know Your Risk Radio, Google them.

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Speaker 2: We're not hard to find.

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Speaker 4: All right.

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Speaker 3: Thank you so much, Zach.

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Speaker 4: Appreciate you back.

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Speaker 2: Thank you ladies. Fun as always.

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Speaker 3: Investment advisory service is offered through Trek Financial LLC and

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Speaker 3: SEC Registered Investment advisor. Information presentative is for educational purposes only.

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Speaker 3: It should not be considered specific investment advice, does not

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Speaker 3: take into consideration your specific situation, and does not intend

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Speaker 3: to make an offer or solicitation for the sale or

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Speaker 3: purchase of any securities or investment strategies. Investments involve risk

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Speaker 3: and are not guaranteed, and past performance is no guarantee

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Speaker 3: of future results. For specific tax advice on strategy, consult

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Speaker 3: with a qualified tax professional before implementing any strategy discussed

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Speaker 3: herein