3.7 • 11.6K Ratings
🗓️ 3 May 2022
⏱️ 44 minutes
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0:00.0 | Hey, Bill O'Reilly here. Welcome to the Nooseman News Monday, May 2, 2022. Stand up for your country. |
0:20.3 | Important broadcast tonight for you, your family, your finances, all of that. We're going to be |
0:26.8 | very precise as we try to be every night, but I hope you hang with us for the entire broadcast. |
0:34.3 | Now, things that President Biden are actually getting worse, and that is the subject of this |
0:40.7 | evening's talking points, mental. So the financial markets are wobbling. They capitulated last week, |
0:47.6 | and there's only one reason this is happening. It's the Wall Street Titans, the head of the corporations, |
0:56.6 | and the people who hedge fund and all of that. They now know that Joe Biden is not going to improve |
1:04.1 | on the job. Okay, it's over for him. Things will stay the same or get worse, and they're not very |
1:11.8 | good right now financially. Consumers continue to spend, people are working, wages are rising, |
1:19.2 | but not nearly as fast as inflation. And now, with the financial markets losing confidence in the |
1:27.3 | Biden administration, we're in for a rough ride there in the stock market. Not affects every |
1:33.7 | American, even if you don't have stocks. Now, my personal advice to you is not to panic, |
1:39.2 | but there is going to be pain, and just don't look at your statements. I mean, just turn away. |
1:45.0 | Remember, if you don't sell, there's always a chance you come back. Will it get worse? Yes, |
1:54.0 | but I don't expect a catastrophe like 1929. So the markets, they go down and they come back, |
2:04.4 | but nobody can predict when or anything like that. But if you panic, that loss is in stone forever. |
2:09.5 | Just remember that. So April, the Dow Jones industrial average down 5%, the S&P down 9%, |
2:19.6 | and Nasek down a whopping 14%. Now, if you don't know what that means, that's fine. I hope you all |
2:27.8 | do have some person you trust, giving you financial advice, but all you need to know is, |
2:33.3 | April was the turning point for the financial markets and Joe Biden. Okay. Now, what does Biden |
2:42.8 | think about all this? It's, I'm not going to get into demeaning the man like, oh, he couldn't |
2:49.8 | possibly understand or anything. That doesn't do anybody any good. But let's go first to his own |
... |
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