4.8 • 685 Ratings
🗓️ 19 December 2022
⏱️ 21 minutes
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0:00.0 | All right, good afternoon, everyone, and welcome back to another episode of Red Pill News. |
0:13.3 | As always, I'm your host, Zach Payne, the corruption detector. |
0:17.3 | And joining me once again, my good friend Bob Kudla from Trade Genius Academy for our monthly |
0:21.9 | chat on the markets and the economy. Bob, how are you today, buddy? |
0:26.5 | I'm doing good. How about you? I can't read for Christmas. I am getting ready for Christmas, |
0:30.9 | you know? I mean, we're in Florida. I don't think anybody's coming down, so it's going to be nice |
0:34.6 | and quiet. But what about you? You guys got family coming out there? |
0:39.5 | Yeah, just local family. |
0:40.9 | We're keeping it low-key, too. |
0:42.8 | So it's going to be beautiful, actually. |
0:49.0 | It's been really cold here, but I think it's going to be 75 or 80 degrees where I live on Christmas Day. |
0:49.8 | You know what's funny is that cold is supposed to come down to us on Christmas. It's supposed to be like |
0:54.6 | 25, like the coldest it's ever been since I've been here. So we'll see what happens, you know. |
0:59.7 | Yeah, you're welcome. |
1:00.9 | Yeah. All right. So we've got a lot to discuss. You know, there is some real instability in the |
1:06.6 | markets right now. I've seen a couple of kind of alarming articles coming out about things |
1:11.0 | happening at Goldman Sachs and, oh gosh, what was the other one? J.P. Morgan had some bad stuff to say. |
1:17.0 | Actually, I pulled something up from your podcast. Let me go to that for the audience right here. |
1:22.6 | But yeah, that chart does not instill confidence in what's happening in U.S. markets. |
1:27.8 | Explain to us what we're looking at here. |
1:30.5 | Yeah. |
1:30.9 | So what that is, and I, I, I've overlaid, JP Morgan every quarter does what's called |
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