MAGA Fractures, AI Cash Flow, and Why Markets Keep Rising Anyway

Dave Conley: 00:00:01

And here we are.

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Jerremy Newsome: And here we are.

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Quasar markets, solving America's

problems, love, America, the world.

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Welcome to another update where we chat.

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Politics, the bridge of finance, and

really a little bit about what's going on.

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is a remarkable political analyst

and has so many insights on

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how we are and comparing all

of what's going on right now.

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I mean, there's not a lot going on.

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Dave Conley: Now, right.

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I.

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Jerremy Newsome: Did you get a chance to

watch the JP Spears, Alex Jones video?

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Dave Conley: I did not, I, I mean, I,

I, seen a lot of this, this maga peel

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apart, and that is, that in itself is

like a real, real aspect that, yeah.

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it, it cannot be underestimated because

this is the, this is the largest and

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most coherent political, political.

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Group that I think America's ever seen.

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And now that the, the biggest

cheerleaders, the biggest mouthpieces,

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the most reasonable, folks that have

really reached out to the middle, to the

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broad middle are saying, no, you know,

like, this is, this is not what we want.

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that is a significant, that's

gonna roll, roll directly into

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the, To the midterms, you know?

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Yeah.

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And that's, I don't think

there's any recovery from this.

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What we're gonna see next is, is

certainly, the, the political class,

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which has been very reluctant to, to do

anything, you know, to say anything out of

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fear of, of, the MAGA and, and, and Trump.

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They're gonna start saying and seeing

that, that Trump is a lame duck right now.

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and, and.

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It, it's gonna turn into LBJ effectively.

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so it, yeah, the, this is, this

is dead politically right now.

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I, I, I can bring up a couple

other things, but let's, let's

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focus on the on, on finance and

the intersection of that right now.

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Jerremy Newsome: Yeah, absolutely.

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Well, what's really

interesting, I'll do a.

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Fast little screen share.

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Give me four seconds to track that

down screen share entire screen.

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What I'm gonna do for everyone here is

just walk you through just kinda what

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I'm seeing on the broader markets.

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This is the, SPI, which is the s and p 500

ETF, the, barometer, if you will, for the

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US markets and just kinda where we're at.

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And what we had is we definitely had a

really, really massive kind of strange,

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huge, huge move overnight after did the

whole, ah, things are fine, we're good.

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I'm not gonna bomb the

civilization and wipe out everyone

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off the face of the earth.

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Quote and comment.

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Dave Conley: Yeah.

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Jerremy Newsome: And then there was some.

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Flip flopping back and forth again over

the weekend, but really as of this point,

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it didn't affect the markets that much.

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my general take at this point

is best case, we get some

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type of pullback into here.

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What causes that pullback Again, probably

in Iran, Trump, JD Vance, some or another

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flip flopping back and forth conversation.

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But it stands, and this is kind of

a remarkable statement for sure,

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but it does ironically feel like to

me that we're holding up well and,

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Dave Conley: that's our bet.

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Right?

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Our bet from last, Monday

was I was like, Nope.

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Lower lows.

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And you're like, Nope.

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The bottom is in.

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So I, I believe you have, you

have, you have won this, real

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silver dollar, and would you.

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Jerremy Newsome: down.

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We could

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Dave Conley: I would like to double down.

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Yes.

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double down, two, two

glorious silver dollars.

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Next Monday we will be at lower lows.

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How about that?

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Jerremy Newsome: Yep.

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I mean, I, I would, it would

make, it would make sense.

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I'll put you that way, Dave.

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Like, with everything that's going on,

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Dave Conley: Yeah,

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Jerremy Newsome: a macro standpoint,

because again, gas slash diesel

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is still incredibly high.

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That's going to impact the economy.

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Dave Conley: right.

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Jerremy Newsome: could see

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Dave Conley: I.

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Jerremy Newsome: it should happen

and looking at the charts, which

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is just kind of always my thing.

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I don't think it's going to, and

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Dave Conley: What's,

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Jerremy Newsome: kind of blown away.

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I really am.

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I don't know the, I don't know why, right?

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Like why are we going so much higher?

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But when I'm looking at the, when

I'm looking at the chart, the

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price action saying, yeah, dude,

but we're going to go higher.

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And it is kind of remarkable to me.

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Dave Conley: you know, what's

the, what's the saying?

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The market can remain more irrational

than you can remain solvent.

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Right.

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Jerremy Newsome: That's exactly right.

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Dave Conley: you know, listening to

some of the, the analysts over the

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weekend and, and the economic analysts,

I, I thought was really interesting.

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I said, when, when you look at the market

through the lens, and you're gonna have to

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translate this a little for me 'cause they

were using words, I wasn't really sure.

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And when you look at the

market through the lens of.

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price, right?

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Like, yeah, it, it looks like

everything's absolutely crazy, right?

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Like, like these aren't, these are

numbers that are highest highs.

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and, and, return on investment

doesn't make any sense.

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And on and on and on.

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like these kind of multiples

aren't something that is

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sustainable in any market.

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Said, however.

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If you put the prices over free cash flow,

things are actually far more reasonable.

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And if you are looking through that

lens, then like, it, it isn't the, the

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multiples on the price of the stock,

it's really the multiples on what these

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companies are generating in free cash.

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Does, can you, can you, can

you tell me what that means?

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Does that make sense?

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Jerremy Newsome: Yeah, so essentially

what's happening right now is

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people are using the, the big.

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Economic number that people have

used for decades is, PE ratios,

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Dave Conley: Yeah.

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Jerremy Newsome: price to

earnings, the companies are.

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Right now, kind of across the

board spending more money so that

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their earnings are decreasing.

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So Google, meta Apple, right?

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These companies now pay dividends

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Dave Conley: Right.

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Jerremy Newsome: and they're spending

a bunch of money on, on CapEx.

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CapEx meaning capital expenditures

on data centers, on new purchases,

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on acquiring new companies, they

are firing employees, right?

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Microsoft is firing employees.

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Costco Meta, I mean oth Google, other

large companies, they are having layoffs.

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However, with the implementation of

ai, with the implementation of new

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software technologies, they're making

more money, the free cash flow.

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It is simply saying that these

companies are still being, and they

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are more profitable than ever right

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Dave Conley: Yeah.

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Jerremy Newsome: So if I pull up,

let's just go look at Meta because

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Meta had a massive, massive jump.

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if we just zoom out really quick.

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So this is one of the larger

players out there, obviously.

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meta overall since, let's just

say October had a 34% decline.

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I mean, that's a big number,

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Dave Conley: Right.

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Jerremy Newsome: However, their earnings

and their revenue and their free

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cash flow has continued to increase.

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So they, they thought that they were

only gonna do 58 billion in quarter four.

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They did 59.8

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billion, so they surprised

by a billion dollars.

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Dave Conley: Oh my God.

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Jerremy Newsome: yeah,

just, just quarter four.

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And now earnings is around

the corner on most stocks.

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So we're gonna come into

earning season late April.

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let's go look at Amazon, right?

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Amazon, same thing.

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We're actually almost

back at all time highs.

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The highest price on Amazon presently in

human history, is 2, 2 58 and some change,

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let's call it two fifty eight, sixty.

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We're at two, we're at 2 36.

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Amazon had a big pullback.

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people were kind of

freaking out and worrying.

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But again, this is a company

that can be impacted by.

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Oil prices by diesel prices, by the

strain that's happening on the economy.

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But guess what's happening?

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People are still ordering

everything off of Amazon and

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everything is offered on Amazon.

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So that

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Dave Conley: Yeah.

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Jerremy Newsome: higher.

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Google, I mean, Google had a 21%

pullback, highest price in human history.

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3 48 we're already back at three 19.

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we had a huge, huge rally.

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I mean, this is, this is a massive move.

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16%.

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On Google.

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The, the laggard right now

kind of is Tesla, but I think

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that that lag is almost over.

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Dave Conley: Mm-hmm.

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Jerremy Newsome: December, one of the

few tech stocks that did have a new

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all time high in December, down 32%.

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So what I'm noticing looking

at the markets is you had

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this big tech ai, right?

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Everyone's calling it AI bubble, and

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Dave Conley: Right.

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Jerremy Newsome: kind of did in a way.

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Pop, meaning you had a lot of

these huge tech companies have

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a massive, massive selloff.

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ServiceNow is another one.

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So ServiceNow was making

ungodly amounts of money.

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The CEO just came on and was essentially

pumping the stock in a good way.

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But service, look at this thing, man.

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Service now.

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Is down since January of

25, so let's call it a

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Dave Conley: Wow.

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Jerremy Newsome: change.

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66%.

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66%, but the last time it was down 53%.

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It had a big rally.

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This is the largest decline that has

had in a very, very long time, and

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we're getting huge, huge, huge volume

spikes towards this low, which kind of

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tells me that the bottom probably is

pretty close to being in on ServiceNow.

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But again, the company's

profitability is doing, is doing fine.

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So that's what's interesting is the AI

bubble, the AI scare, I think has kind of

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played out and I, I do believe that some

of these software companies are starting

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to recognize, yes, they can use ai.

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It's still kind of far away.

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The whole, Hey, it's taken over.

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It's gonna take every single person's job.

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really happening is it's

just becoming more efficient.

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These companies are figuring out

how to use it and how there's,

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their employees can use it, how

they can create more faster.

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And yes, they are firing some people,

but those individuals generally are also

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being recalibrated into other positions.

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So it's individuals that have just a

singular focus on one particular thing

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that's extremely, extremely intensive.

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If that is software or coding based,

have gotten kind of the shift over.

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But if you have companies or employees

that have a little bit more of

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a flexible job, they're able to

transition into other more efficient

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applications in their companies.

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And there's a lot of companies out

there, man, that are at really,

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really good discounts right now.

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again, micro Microsoft being another one.

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I mean, I don't believe that massive

software enterprise cloud-based companies

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like Microsoft are going to go away.

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Could it?

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Maybe, but I, I doubt it.

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doubt it.

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Just looking at something, looking

at the microchip companies,

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Dave Conley: Yeah.

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Jerremy Newsome: the NVIDIAs, the mks

I of the world, the AMDs of the world.

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They are still just scorching.

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And then the data center plays,

which is again, the CapEx, which

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is where most companies are

spending a large sum of capital.

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let's go look at this one.

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Terra Wolf.

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So Terra Wolf is another one that's

just a software, data center play where

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they're like, Hey, we need to build

more data centers for all the energy.

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That, that AI is going to use.

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And this company is continuing to slowly

kind of surge and pump and it's above

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all moving averages on all timeframes,

which is the definition of a bull trend.

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they also have slowly started

to increase their revenues.

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Again, earning season

is gonna be a big one.

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But just looking at it historically,

was a stat that if, if March is down.

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Over the last, let's say, I think it was

88 years, if March is a negative number

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on the broader markets, then April is

positive, 85 out of 88 of the last years.

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And from a seasonality standpoint,

I'm just a big seasonality fan

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because this is a situation where.

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I believe most people, fundamentally,

they feel bearish and they feel

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like the market should go lower.

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And that's what the market's

like to surprise people.

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And so I'm seeing energy

skyrocket with tons of energy

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companies on the s and p 500.

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Obviously energy is skyrocketing,

tech is down, and we're

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gonna have a sector rotation.

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'cause there's so much high energy,

companies, people are gonna start

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selling the energy and going,

Hey listen, is AI gonna replace

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everyone immediately, instantly.

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No are still going up.

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Free cash flow, ak.

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How much money the actual companies

are putting off is increasing.

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And even though the companies are

down, money's gonna start rotating from

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the energies of the world, from the

financial conglomerates of the world,

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JP Morgan, MasterCard, visa, and they're

gonna start transitioning into tech.

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That's just kind of how I feel.

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And if tech starts moving higher.

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It is gonna create the market to

go up, because that's the largest

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industry that is holding up

essentially the American economy.

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And most of the big, big,

big companies are down.

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And they have started to rally

secretly, kind of under the,

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under the tide, so to speak.

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So I, I, I do kind of stand on that

thesis that we're gonna have a positive

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April even though we shouldn't.

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the, the truth is whatever Trump

says at this point, everyone's

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like, whatever, dude, we don't,

we don't listen to you anymore.

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Dave Conley: Yeah.

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Jerremy Newsome: You and I've

been saying that for a few weeks.

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Dave Conley: Right.

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Jerremy Newsome: Whatever Trump

says, it's irrelevant until I ran.

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Or someone, other than who is currently

in office, is currently in that in the

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big position, technically make the noise.

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We're not listening to anyone, and

that's how we started off the show.

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You have the MAGA Central, the, the

Grant Cardones, the Patrick Bet.

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Davids, the hu JP Sears, Alex

Jones, these Candace Owens, right.

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These massive people that

are huge maga e efforts.

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Are going, nah, I don't wanna

support you anymore, dude.

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Dave Conley: Right.

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Jerremy Newsome: had the huge

issue with the Epstein files.

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You have this Iran situation,

and you have Trump really

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sounding like an angry teenager.

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Dave Conley: Yeah.

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Jerremy Newsome: An angry teenager

on playing a world of Warcraft,

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Dave Conley: Right.

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Jerremy Newsome: just yelling at his bros.

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Over the internet causing the markets

to capitulate both up and down.

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And I, I don't think that we

need to listen to 'em anymore.

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And at this stage, whatever fear

comes in, I think it's viable and

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I think we end up going higher.

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Personally.

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It's kinda my take.

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Dave Conley: I hear you and I, I see this

as, as fundamentally in my thesis, like

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what's pro-human and what's anti-human.

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We still are in this space where.

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Consumer sentiment is at a record

low, like they've been, they've been,

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they've been watching this forever.

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And

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Jerremy Newsome: Yep.

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Dave Conley: have to sell all these goods

and services, to companies, to people.

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You have to have a, a

positive flywheel, right?

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And.

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everything works when it's going up and

when it's a financialization market, an

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anti market, an anti-human market where

we're making money on money, not on, on

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moving, moving atoms, bits, not atoms,

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Jerremy Newsome: Yep.

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Dave Conley: that.

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Underneath all of that, it's, it, it's

not a solid foundation because like

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these companies are like using their

stock price to buy other companies.

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They haven't actually

created any value there.

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it's a, it used to be illegal to

buy, what they call bicycling, right?

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And it's like, I'll give you money

and you can buy ads on my platform.

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like a OL.

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This company got into like a whole lot of.

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: 00:15:12

Lot of trouble for that,

but now it's legal, right?

321

: 00:15:15

Jerremy Newsome: anything about that?

322

: 00:15:16

Do you have any experience at.

323

: 00:15:17

Dave Conley: Or like a company

buying back its own stock, like

324

: 00:15:21

there's, there's fundamentally no

underpinning value underneath that.

325

: 00:15:24

And so I, I worry about these,

these anti-human, policies

326

: 00:15:30

and like that will catch up.

327

: 00:15:32

Like, for instance, on the political side.

328

: 00:15:36

by far we have the most anti-human

policy agenda in my memory, and that's,

329

: 00:15:41

that's what's going on right now.

330

: 00:15:42

We, we, we.

331

: 00:15:44

they're looking to restore the

Department of Homeland Security funding.

332

: 00:15:48

we've seen how that

immigration enforcement's gone.

333

: 00:15:51

he wants the voter ID bill.

334

: 00:15:53

All right.

335

: 00:15:53

Maybe that's something.

336

: 00:15:54

they, they want to extend that intrusive

government surveillance, FISA stuff on us.

337

: 00:16:01

they want to pour unimaginable amounts

of wealth into the pentagon's coffers.

338

: 00:16:07

like we, we just bounced back and forth.

339

: 00:16:09

We bounced off of the extreme left.

340

: 00:16:11

in the Biden administration into the

extreme right of the Trump administration.

341

: 00:16:16

And without fail, we aren't

seeing anything in the middle.

342

: 00:16:23

We are not supporting anything

or anyone in the middle.

343

: 00:16:26

And that is the middle

that got Trump elect.

344

: 00:16:28

Did.

345

: 00:16:29

And so that is the middle of the Tuckers

and the, as much as the left won't admit

346

: 00:16:34

it, like these are the reasonable voices,

when Shank er and Tucker Carlson agree

347

: 00:16:39

on more than, than, than anything else.

348

: 00:16:43

like that's that middle, that,

that's the, that's the Joe Rogans

349

: 00:16:46

that are talking to real people.

350

: 00:16:48

And so that, that flywheel of, pro human.

351

: 00:16:53

Isn't happening.

352

: 00:16:54

And, and that's, that's the part where

I hear you on the free cash flow.

353

: 00:16:59

I free you on, I, I, I feel you

on the, on, on all of these things

354

: 00:17:03

that are happening for the economy.

355

: 00:17:07

And, the sources of that wealth are,

just a mutual masturbation, and.

356

: 00:17:15

that, that, that never ends.

357

: 00:17:17

Well, I don't know when

it ends, but it does.

358

: 00:17:19

There we're, we're taking seats out from

underneath us and the music will stop.

359

: 00:17:24

It feels like it should have been

a correction years ago to me.

360

: 00:17:28

And, when.

361

: 00:17:30

The political realities of

what's going on in the Middle

362

: 00:17:32

East actually show up, right?

363

: 00:17:34

Like with the, with the massive

inflation that we are already starting

364

: 00:17:38

to see where the massive, massive

problems in our, in, in our economy

365

: 00:17:43

for, just the, the energy inputs, the

prices of gas, the prices of diesel,

366

: 00:17:48

like everything has to move via that.

367

: 00:17:50

So when that starts hitting

the, the middle, the, the vast

368

: 00:17:54

middle, and we're going like, Hey.

369

: 00:17:55

We didn't get anything out of this.

370

: 00:17:57

That's when a political

reality's gonna set in.

371

: 00:17:59

That's when the real

grind is going to happen.

372

: 00:18:01

That's when the government

spending is going to stop.

373

: 00:18:05

And I, I, that doesn't end well.

374

: 00:18:07

It doesn't end well politically.

375

: 00:18:09

It doesn't, end well socially,

it doesn't end well economically.

376

: 00:18:14

So I'm, I'm a, I'm, I'm

worried, I'm worried.

377

: 00:18:19

Jerremy Newsome: Yeah, I

get, yeah, I understand, man.

378

: 00:18:22

It, it makes, it makes sense.

379

: 00:18:24

It does.

380

: 00:18:24

And the there, the, the can

will be pushed off to someone.

381

: 00:18:29

And I don't if it's gonna

be this administration, I.

382

: 00:18:35

Believe whoever gets the hot potato

next is gonna get really squished.

383

: 00:18:40

tell us your general

thoughts on the midterms.

384

: 00:18:42

if, if you have a, if you have an opinion

or a bias on that or, or perspective.

385

: 00:18:47

Dave Conley: It's still too

early, believe it or not.

386

: 00:18:49

and every special election that's

been held, in the last six months

387

: 00:18:53

have gone to the Democrats.

388

: 00:18:55

I I see really no wind beneath.

389

: 00:18:58

The wing, wind beneath the wings of the

Republican party or the Magos sphere.

390

: 00:19:04

like if anything, it seems to

be decompensating, not, not

391

: 00:19:07

actually building coalitions.

392

: 00:19:09

and again, like the entire,

the, the entire policy portfolio

393

: 00:19:13

isn't supportive of that.

394

: 00:19:15

I just, I just laid out exactly what

they're planning right now, and I'm

395

: 00:19:17

like, okay, well you're, you're really

not speaking to, to the middle, you're

396

: 00:19:21

not speaking to the economic aspects,

you're not speaking to my pocketbook.

397

: 00:19:25

So it's like, okay, if you're not gonna

do anything and you're gonna be in an in.

398

: 00:19:29

Incredibly unpopular war that

doesn't have an off ramp right now.

399

: 00:19:34

It's either just going to drag to the

side of this annoyingness that people

400

: 00:19:39

are gonna be like, why are we doing this?

401

: 00:19:41

or it's gonna get worse, like there

is no, better situation over there.

402

: 00:19:44

So I, I, I don't see anything

other than a bloodbath.

403

: 00:19:47

And then I don't see anything other

than, than what would be likely, which

404

: 00:19:51

would be, like a real impeachment

and a real conviction there.

405

: 00:19:54

Like that's, that's where we're heading.

406

: 00:19:55

and that's just chaos.

407

: 00:19:57

buckle up buttercup.

408

: 00:20:00

Jerremy Newsome: Yeah.

409

: 00:20:01

Yeah.

410

: 00:20:02

Dave Conley: I would like

to be wrong on all of this.

411

: 00:20:05

And I, I, and I keep looking.

412

: 00:20:07

I, it is like, I, I'm looking

for confirmation bias on this.

413

: 00:20:09

It's like, Hey, tell me I'm wrong.

414

: 00:20:11

'cause I'm, I'm happy to hear

otherwise, but I, I don't know, man.

415

: 00:20:14

I don't see it, and I don't want

to come across as doom and gloom.

416

: 00:20:18

I really don't.

417

: 00:20:19

I am just looking for a light

at the end of the tunnel and

418

: 00:20:22

making sure it's not a train.

419

: 00:20:24

Jerremy Newsome: Yep.

420

: 00:20:24

And I, I do believe what you said is

probably the most accurate description

421

: 00:20:31

that is at the core of humanity, not.

422

: 00:20:36

Incredible.

423

: 00:20:37

But what's gonna continue to happen,

especially with AI and especially

424

: 00:20:40

with speed, is the humanistic

aspect of trading and how things are

425

: 00:20:46

being impacted is going to decline.

426

: 00:20:49

And it is literally gonna be bits

making bits, zeros, and ones making

427

: 00:20:53

more zeros and ones dollars, making

dollars, money, making money.

428

: 00:20:57

Dave Conley: Yeah.

429

: 00:20:58

Jerremy Newsome: gonna be

probably primarily almost

430

: 00:21:00

everyone's focus going forward.

431

: 00:21:03

meaning.

432

: 00:21:04

Yeah, I don't believe that it's gonna be

an economy of this makes perfect sense.

433

: 00:21:08

Macro Lee, on a big picture scale,

this is what should happen because

434

: 00:21:14

this weekend unfortunately, I fell into

a deep rabbit hole of how Trump has

435

: 00:21:19

literally siphoned billions of dollars

436

: 00:21:24

Dave Conley: Yeah.

437

: 00:21:25

Jerremy Newsome: from the

American public through crypto.

438

: 00:21:28

In the, in the dead of night with no one

knowing and no one even mentioning it.

439

: 00:21:34

No one even just telling, oh,

this is actually what's happening.

440

: 00:21:36

Right?

441

: 00:21:36

Everyone's like, Trump's gonna be

a pro crypto, president and this

442

: 00:21:39

administration's gonna be so procr

and the crypto markets are gonna hire.

443

: 00:21:43

And you've been a big bear on

crypto for a long time, which is.

444

: 00:21:47

Dave Conley: Day one.

445

: 00:21:48

Yeah.

446

: 00:21:49

Jerremy Newsome: you were one of the,

you were one of the voices in my head

447

: 00:21:51

that was like, he's right though.

448

: 00:21:52

Like there's nothing, there's

no value to it at all.

449

: 00:21:54

There's nothing actually happening.

450

: 00:21:55

There's nothing being built.

451

: 00:21:56

Blockchain has solved literally

zero problems and as you're looking

452

: 00:22:02

at it, I mean he, through shell

companies, through shell organizations,

453

: 00:22:08

through backend transactions.

454

: 00:22:14

Dude, I mean, we're talking Bill

two to 3 billion, billion dollars,

455

: 00:22:19

Dave Conley: Yeah.

456

: 00:22:20

Jerremy Newsome: eviscerated from the

general US public of people who have

457

: 00:22:25

bought into crypto projects that he has

openly endorsed through him or his sons.

458

: 00:22:30

Gone

459

: 00:22:31

Dave Conley: Right,

460

: 00:22:32

Jerremy Newsome: the last year and a half

461

: 00:22:33

Dave Conley: right.

462

: 00:22:33

Jerremy Newsome: into imaginary thin air.

463

: 00:22:35

And it's not imaginary.

464

: 00:22:36

It's their wallets.

465

: 00:22:36

It's their money that they're,

stuffing their pockets with.

466

: 00:22:39

And I've been saying that from day one.

467

: 00:22:40

Dave Conley: Yeah.

468

: 00:22:41

Jerremy Newsome: Trump

wants to make more money.

469

: 00:22:42

That's what he cares about.

470

: 00:22:43

And he, he's gonna do it through the

markets, or he is gonna do it through

471

: 00:22:47

the increasing prices of real estate.

472

: 00:22:48

And he hasn't figured out

the real estate piece yet.

473

: 00:22:50

So what he is doing is he's

doing it, or he was attempting

474

: 00:22:53

to do it through tariffs.

475

: 00:22:53

He's attempting to do it now.

476

: 00:22:55

get the markets into a place of

physical inflation because of oil.

477

: 00:23:00

Get as much oil as possible.

478

: 00:23:02

Come out on the other side, figure out

some type of agreement where energy

479

: 00:23:08

and oil prices completely go lower.

480

: 00:23:10

Then he pushes for, an interest rate

shift, an interest rate decrease, and

481

: 00:23:15

then the real estate prices go higher.

482

: 00:23:17

That's his number one objective.

483

: 00:23:18

We'll see if he actually

pulls it off, but until then.

484

: 00:23:21

He's gonna make money through

exactly what you just said.

485

: 00:23:24

Bits on bits, making money on the markets.

486

: 00:23:27

That's what's happening.

487

: 00:23:28

That's what he's doing presently.

488

: 00:23:29

he, he literally named this company, which

is Palantir, which is one that I know

489

: 00:23:36

you have a, a, a decent little size him.

490

: 00:23:39

because it's, it's, it's

a war machine company,

491

: 00:23:41

Dave Conley: Yeah.

492

: 00:23:42

Jerremy Newsome: this company

will go higher when we are in war

493

: 00:23:45

and at least it will benefit from

it on a long-term perspective.

494

: 00:23:48

And he named this company on Friday

by name in a, in a tweet saying,

495

: 00:23:53

Palantir's doing a great job.

496

: 00:23:55

And they are an incredible source of

information that we go into a war.

497

: 00:24:01

I mean, and dude, like by name,

498

: 00:24:05

Dave Conley: Right.

499

: 00:24:05

I.

500

: 00:24:06

Jerremy Newsome: The, the last company,

I mean, we, he didn't buy into it, but

501

: 00:24:08

the company that the, the US government

did buy into openly a year ago was Intel.

502

: 00:24:14

And since that has happened, Intel's

up over a hundred percent, which.

503

: 00:24:19

Just pure one, pure

absolute insider trading,

504

: 00:24:26

Dave Conley: Mm-hmm.

505

: 00:24:26

Jerremy Newsome: is causing

the stock to go higher.

506

: 00:24:28

It's going to hit its

previous, tech bubble highs.

507

: 00:24:32

It's gonna get back up

into the $69 mark and.

508

: 00:24:37

But that has happened, man.

509

: 00:24:38

I mean, this, this is, if I go into

a daily chart really quick, this is

510

: 00:24:41

when all that got announced was back

over here, in September of last year.

511

: 00:24:46

And, this is again, just another

tech stock that the, the US

512

: 00:24:48

government is openly buying into.

513

: 00:24:51

And, and, but, but

that's what's happening.

514

: 00:24:54

I mean, he, he's, he's letting

everyone know, he's telling everyone,

515

: 00:24:58

you said, in the, the way I feel

it, forget the macro perspective.

516

: 00:25:03

None of that actually matters.

517

: 00:25:04

Your job doesn't matter.

518

: 00:25:06

You as a human, doesn't don't matter.

519

: 00:25:08

Dave Conley: Yeah.

520

: 00:25:08

Jerremy Newsome: don't matter.

521

: 00:25:09

Don't worry about your healthcare.

522

: 00:25:10

Dave Conley: Right.

523

: 00:25:11

Jerremy Newsome: much money as

possible on the open markets.

524

: 00:25:14

kind of how Trump is doing and, and

when I see that, the tail of the tape,

525

: 00:25:17

I'm like, all right, well, I guess we

just gotta go make money and do the

526

: 00:25:20

best that we can to do exactly that.

527

: 00:25:22

Dave Conley: Yeah, that's that.

528

: 00:25:23

That is where the energy is.

529

: 00:25:25

That's where the energy is politically,

and so we have to follow along on that.

530

: 00:25:28

It's not going to change until

we demand it that, that it

531

: 00:25:30

change or things get way weirder.

532

: 00:25:33

I think UK is a bit of a model for this.

533

: 00:25:36

They've bounced back and forth between

left and right and left and right, and

534

: 00:25:40

that's left a lot of political, angst and

it's caused, the beginning of some real

535

: 00:25:45

violence and also some real crackdown.

536

: 00:25:48

And so both of those things,

haven't seen a re relief valve yet.

537

: 00:25:53

Jerremy Newsome: Yep.

538

: 00:25:53

Agreed.

539

: 00:25:54

Dave Conley: eek, well on that good news.

540

: 00:25:57

Jerremy Newsome: Yeah.

541

: 00:25:57

Oh, oh.

542

: 00:25:58

Well, you also posted in the, in the

update, the Goldman Sachs, right?

543

: 00:26:01

Goldman Sachs came in surprise,

surprise, beat earnings.

544

: 00:26:06

So they estimated that

they're gonna do 17 billion.

545

: 00:26:08

They did 17.2.

546

: 00:26:10

Dave Conley: Mm-hmm.

547

: 00:26:11

Jerremy Newsome: again, one of

the bigger financial institutions.

548

: 00:26:13

That is absolutely.

549

: 00:26:15

I mean, I, I shouldn't use the

word commingling, but is very much

550

: 00:26:21

in tune with the administration

and, they're very, very secure on

551

: 00:26:27

what's happening, what's going on.

552

: 00:26:28

This is a chart of Goldman Sachs quietly.

553

: 00:26:31

it?

554

: 00:26:31

It's up $878 a share.

555

: 00:26:35

mean,

556

: 00:26:36

Dave Conley: Smile.

557

: 00:26:36

Jerremy Newsome: first

took office in: 2016

558

: 00:26:39

Goldman Sachs was at $150 a share.

559

: 00:26:43

Dave Conley: Hmm.

560

: 00:26:43

Jerremy Newsome: So we're talking

over the last eight years, Goldman

561

: 00:26:46

Sachs, one of the largest financial

institutions in the world.

562

: 00:26:48

The one that is very, very close

to this administration is up 387%.

563

: 00:26:55

I mean, the reason I'm showing

that is because that is, that's

564

: 00:26:57

what's happening guys like.

565

: 00:26:59

can either fight it or we can go,

566

: 00:27:02

Dave Conley: Hmm.

567

: 00:27:02

Jerremy Newsome: this is just

the administration, that's

568

: 00:27:03

just what they're doing.

569

: 00:27:04

They wanna make as much money as possible,

570

: 00:27:06

Dave Conley: Yep.

571

: 00:27:06

Jerremy Newsome: get on board.

572

: 00:27:07

And that is my thesis for overall

markets continue to go higher.

573

: 00:27:12

though we don't want it to, even

though we don't feel like it should.

574

: 00:27:14

And there will be a hot potato

moment the national debt, with all

575

: 00:27:18

the unfunded liabilities that we

literally can't afford or pay for.

576

: 00:27:23

You have to sweep all that

under the rug somehow.

577

: 00:27:27

And look at the big,

big, big picture and go,

578

: 00:27:30

Dave Conley: Yeah.

579

: 00:27:31

Jerremy Newsome: yeah,

we're just gonna keep going.

580

: 00:27:32

Dave Conley: Okay.

581

: 00:27:33

Well, fantastic.

582

: 00:27:36

Ah, well that's your Monday, Monday

morning quarterbacking from, Jerremy and

583

: 00:27:40

Dave here at Solving America's Problems

and our crossover with Quasar Markets.

584

: 00:27:44

Any other final messages for the week

ahead for our, our listeners and viewers?

585

: 00:27:49

Jerremy Newsome: We, we're gonna continue

to have some really great discussions

586

: 00:27:53

on people on the ground in the workforce

right now that are implementing both AI

587

: 00:27:57

and understanding the implications of it,

to talk continually about the deal that

588

: 00:28:03

they have been given early on, right?

589

: 00:28:05

The go to school, get a good,

good degree, go to college, make a

590

: 00:28:10

bunch of money work until you're,

75 years old and then retire.

591

: 00:28:14

We're gonna continue to talk to

those people to figure out how

592

: 00:28:17

that's shifting and what they see.

593

: 00:28:19

they see that we can all do as a

citizens of this country, or B, people

594

: 00:28:24

that are participating with citizens

of this country in the entrepreneurial

595

: 00:28:27

realm, in the business realm,

because that's how you do research.

596

: 00:28:31

That's why I want to, give the

shout out to all our listeners.

597

: 00:28:33

That's why we're doing this, is because

the way you make asymmetric returns in

598

: 00:28:38

life is doing amount of doing the amount

of research that is equivalent to.

599

: 00:28:44

a good found foundational underlying theme

and message of what everyone is feeling,

600

: 00:28:51

who is being impacted, how they're being

impacted, how they feel about certain

601

: 00:28:55

policies, shifts, updates, or changes.

602

: 00:28:58

When you really dive into the weeds of

everything, you wanna learn from the

603

: 00:29:02

people that are actually moving the

needle, the small business here in the

604

: 00:29:05

us, the people that are actually creating,

and updating the opportunities that are

605

: 00:29:10

shifting because of ai, learning what

they're doing, learning how they're

606

: 00:29:14

doing it, and stepping into the flow.

607

: 00:29:16

That's what we're gonna continue to do.

608

: 00:29:17

We have.

609

: 00:29:18

Some incredible guests coming up

on solving America's problems.

610

: 00:29:20

If you're listening to that, thank

you so much for being a listener and

611

: 00:29:23

we're gonna continue to put in great

value, great charts, great analysis,

612

: 00:29:27

great perspectives, and we really

appreciate all of your time and energy.

613

: 00:29:32

I.