Why Are We Still Paying Taxes?! | Ft Bulwark
Chicks on The Right - Conservative Politics & Culture Commentary
Radio America
4.7 • 2.4K Ratings
🗓️ 24 May 2024
⏱️ 7 minutes
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| 0:00.0 | Thank you. of the |
| 0:15.0 | answer of the show, Zach Abraham from Bulwick Capital Management about all the craziness going on in the world, in the economy right now, and one of the crazy things that's going on, |
| 0:18.2 | Zach, is that McDonald's, Starbucks, Home Depot, they have all announced like way lower than expectation results and Red Lobster filing for bankruptcy. |
| 0:29.7 | What do you make of this and who is next? |
| 0:34.0 | Dun, Dun, yeah, you know, it really, it, it's harder to predict that in this environment |
| 0:42.0 | than I think any other environment |
| 0:43.5 | before because it really is a tale of two cities right if you have exposure to |
| 0:48.4 | you know federal spending in any way shape or form you're probably in great shape |
| 0:52.3 | but I mean you could go down through the spending in any way, shape, or form, you're probably in great shape. |
| 0:53.7 | But I mean, you could go down through the Russell 2000 Index right now, |
| 0:57.0 | and you could just look at a balance sheet, |
| 0:59.8 | and I could look at the term expiration, so like like look at when their debts expiring and if |
| 1:05.1 | their debt a lot of those companies you can look at it and go if their debt |
| 1:07.4 | expires anytime in the next six to eight months if rates are |
| 1:10.0 | anywhere near here they're done. Oh my God. Yeah so I mean it's this bad. Yeah it is it is and I |
| 1:16.5 | don't have any names off the top of my head but you just have a lot of there's a lot and |
| 1:21.7 | this is always this was always going to happen when you have a lot of there's a lot and this is always this was always going to happen when you |
| 1:24.0 | have a period of sustained low interest rates you're going to obviously wind up |
| 1:29.9 | compiling a lot of debt and a lot of weak things that should go under don't right and so |
| 1:37.2 | It is bad and when I say should go under I don't like it when companies default but companies that are not producing enough value right |
| 1:46.3 | which an easy way to tell that is if they can't pay to service their own debt |
| 1:49.8 | right it means that they're whatever products they're offering aren't bringing enough value to the marketplace. |
... |
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