Stocks Just Hit ANOTHER Record High - WTF Is Happening?! | MeetKevin
The Iced Coffee Hour
Graham Stephan/Jack Selby
4.4 โข 786 Ratings
๐๏ธ 29 May 2026
โฑ๏ธ 116 minutes
๐๏ธ Recording | iTunes | RSS
๐งพ๏ธ Download transcript
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| 0:21.8 | dot UK slash podcast to learn more. This is going to be the most frustrating rally ever. |
| 0:26.8 | AI giants, NVIDIA, Open AI and Oracle have built a circular network. Is it easier to build wealth |
| 0:33.1 | right now for the average person in 2026? Unfortunately, AI doesn't make people wealthy unless they're like at the top tier of being |
| 0:42.7 | able to use AI. |
| 0:43.8 | But the people who will make most of the profits will be the shareholders, which is scary. |
| 0:48.0 | When folks are saying this is a red flag, you don't necessarily see it that way. |
| 0:51.9 | Nobody saw this company. |
| 0:53.2 | What do you think is the biggest risk to the economy right now that no one's talking about? All that crap's going to implode one day. It's all going to zero one day. They're going to overbuild and it's all going to crash. So if there's any motivation to leave from all of this, I would say every single year from now over the next 10 years, it's just going to get harder and harder and harder. So I don't know where it all comes out. I don't know when it's all going to collapse, but it's going to be ugly. And a lot of people are going to get really hurt and leveraged ETFs are going to go to zero. Kevin, thank you so much for coming on the ice coffee hour. Glad to be back. Really appreciate it, man. So I'm |
| 1:28.1 | curious. The big short investor, Michael Burry said the stock market is minutes away from a bloody crash. |
| 1:34.9 | Stocks are hitting a record high up 19% since the March bottom. Jack was curious about this one. |
| 1:41.9 | What stocks have you made the most money on? |
| 1:44.5 | Ooh, well, let's answer that. First, Michael Burr is probably right. I actually think that |
| 1:50.7 | this market is going to see a whole lot more crazy ups and downs because what's gotten |
| 1:56.5 | really popular lately has been super concentration and leveraged ETFs. So you see it like at the end of the day in the beginning of the day. Things just go crazy up and down. And I think we're going to see that craziness. Like these are going to be the most volatile years I bet over the next few years. Because I kind of think a lot of people are like, it can't go higher and watch that. I follow the QQQQ, theDAQ, the NASDAQ, it's going to go through like a thousand. And people are going to be like, what? This isn't fair. Why does it keep going up? It shouldn't. But between here and there, Burry's probably going to be right and be like, see, I told you there was a 19% dip. And then it goes right back up. It's crazy right now. So what about the stock? So on the stock, |
| 2:34.7 | most money in the last like six months, circle actually, bought it around 68. And then of course |
| 2:41.3 | it fell to like 58. I'm really good at like buying when it's still like kind of got some room to |
| 2:45.8 | go down, like timing that bottom so hard. But now it's like 120, 1.30. And I'm like, okay, |
| 2:50.6 | great. That's a |
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