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host of the Common Sense Show. Welcome to our show. Thank you so much for joining us. Always a privilege and a pleasure to come before you.

We're going to be talking about all things economic today. And our guest, Robert Kudla of Trade Genius, is here to help us unravel the, shall we say, instability of the economy, the market, and certainly revenue streams for your pocketbook.

Inflation continues unabated.

Everything the Biden administration touches economically for the American people turns to

excrement, and let's just be honest and call it what it is.

And it's getting harder and harder to believe with the string of failures coming out of this administration that there's not some type of intent to connect it with that, although that's not our purpose here today.

But it is very frustrating.

I share your frustration.

And so does our guest, Bob Kudla.

Bob Kudla has lots of experience, as you know, both in the market and with other economic endeavors,

and he brings a unique perspective to the table here to help us unravel what's going on and perhaps

navigate a way out of this minefield. Bob, thanks so much for joining us. And from two weeks

ago, when we last talked, we've had a dramatic shift in events,

haven't we? Well, I think what happened here with the market, I'll talk this micro and then I'll talk

macro, is that the Fed did what they said they were going to do, did a 50-point raise, and then

they basically said they're going to do a 50-point raise inune and a 50 point raise in july and what we're seeing in the market is basically

recalculations of of what that would look like in terms of company profitability with a

with the federal funds rate up another dollar 50 and so that's why you get this pushed down

...