Bow down to the throne crowd. Please up set fires on my own. Don't need you so heavy I'm a legend I'll teach you know you know the original King I'm a Sumo No game, come on All Hail to the King Thank you Yay! um Supernatural I'm an animal burst through like a flame cause I'm flammable I'm taking off I'm a radical Hot rain fly down like a candy bro like a razor blade. I'm Invincible when I stand tall All Hail to the King I Will not fall right.

hello, hello, hello hello, we're here. We're live happy Wednesday March 29th Man oh man oh man, where is everyone this morning? Hang on, let me do a Reload we're getting a little bit of some mornings are Am I coming through cleanly and clearly to all of you, both from an auditory perspective and a visual perspective. Everyone's been showing up later and later to class. I'm starting to see and that's problematic.

That's problematic I Feel like you guys aren't really respecting the nature of demerits in here? and that's that's a big issue. No notification. Loud and cleared. How many people on YouTube did not get a notification? uh James is saying James Do you have notifications on I'm not trying to be facetious, but like when you're subscribed and then there's the bellicon did you click it and switch it to always? Um, no notification I was early.

Well, that's good. No notification and not on my home page. They disrespecting teacher Matt tracks Uh no, notie. Zip none I did not get a notification.

Oh did get a notification I always get a lorry look works for I don't know why it works for some and not for others. You don't even show up in the live section either. Uh I had to search you. That's just absolutely ridiculous.

Absolutely ridiculous at least Kudri. It's nice that they once in a while show out notifications of my own mods. They're like, yeah, we should probably like let these people know that he's streaming wild Folks I Hope everyone's having a good day I've been running around like a madman trying to get packed I am later on today hopping onto a plane going down to Florida for a big old fun event at Rumble tomorrow. So in the morning I will be streaming from Rumble Studio we're gonna have an abrid show where basically uh I have some stuff planned.

we're going to talk about maybe any updates in the market, but then come with your questions. So tomorrow morning make sure you are on Rumble because we're streaming from Rumble Studio I'll be on my channel on Rumble um if one of chaos if you could put the link to just like the Rumble Channel in YouTube so they all know So tomorrow morning 9 A.M we're gonna have like maybe like a half hour show I'll let you know what's going on. we're going to be looking at the rumble Studio it's really, really cool. Uh, we're gonna be chatting a little bit about the market and then we'll kind of do like an AMA thing.

So if you have any questions about whatever, um, post them on Rumble tomorrow, then tomorrow evening Thursday evening uh at 5 pm. Chris Pavlovski and the rest of the Rumble leadership team is going to be doing their earnings call their earnings announcement all that good jazz and then I believe. After that they have to talk to some like analysts and all that good stuff and then we get to interview them. We get to chat with them at 7 pm.

ET once again in the Rumble studio. So there's going to be two shows tomorrow, both in Rumble's own headquarters of their studio. Um, the first one kind of an Abridged normal Matt core show and then the second one's going to be with the CEO of Rumble where I'm asking your questions and we're going to have a good conversation of what's been going on with Rumble and where Rumble will be heading in the near future. Uh, so that's going to be awesome.

It's all going down tomorrow. Uh, it. just in case you're missing it or anything like that. Obviously, you're going to be able to find this all on my channel specifically on Rumble so make sure if you want to see any of that if you want to be engaged in that, if you want to ask some questions, if you wanted to see all the fireworks, make sure you're over there.

Make sure you have the Subscribe button and their notifications that definitely seem to work. Uh, quite a bit more. All right made. YouTube The oh, the YouTube Overlords Upset? probably? um, probably probably.

probably. Uh, Sam Schneider 7 P.M I'll be drunk by then. You're still more than welcome Sam Actually, the more the merrier you know it's the thumb. They'll scare the hell out of you you're not the biggest fan of.

Maxine Waters Maybe that's why YouTube's fist today Just because. like we've really been holding nothing back, making fun of the people we want to make fun of. Oh man, all right folks, if you haven't already, destroy the like button helps out. The algorithm on YouTube helps out with the battle.

Leaderboard on Rumble Obviously subscribe to both, but let's get some energy in here. Let's get some hype in here. I Feel like we need to make it culturally appropriate that you're supposed to come into here and absolutely murder the like and sub button and you guys your bloodless nature is just kind of missing. You guys are you're like yeah, like maybe we kill it.

Maybe we don't like. you guys are all just a little. you're him and Han you're all just like. um I'm a little tired like the whole time change I'm feeling a little iffy.

We gotta get folks, the Market's up. the Spy is almost at 400. Baba's doing something. Tesla's doing something all the premium in the newsletter that we've been talking about that I've been selling has been printing, printing printing.

The robot had a rough day and a half I don't quite want to talk about the robot right now I switched it from the four hour chart to the 30 minute chart to run on that instead. and last night it quickly lost 200 and I was like, oh, that was pretty stupid of me and I knew it was gonna happen too. I don't know what I was thinking yesterday I was in a weird headspace. Uh, so I messed up the algorithm a little bit yesterday.

Um, not the best conclusion to the month of March it's still green as of now on the month of March That robot that I've been testing out but could definitely be improved. Uh, if you missed yesterday, we went up a little bit. we went down a little bit, we went up a little bit, we went down even more, and then by the time we closed out the day, we fully recovered. Uh, there was nothing too major going on.

Uh, surprise, Surprise. Finances in trouble with the SEC and various other regulators. and now as of this morning, the reporting that there's even more substantial Chai ties to China duh. I Don't think that's a surprise to anyone.

Is anyone in here legitimately surprised that Binance run by a dude named CZ has more substantial ties to China than initially lit on like? no one's surprised? That is not a surprise to any single person who has done a 30 second search into any of these companies. or who's running these companies. Of course it does like what. so the news is reporting it as if it's like some brand new shocking thing.

but I don't think anyone with a pair of eyeballs or a pair of ears is shocked whatsoever. So a little bit of news on Crypto that at first take crypto but if you look at crypto now it is recovering pretty nicely. Yesterday there was fed governor and Barr among two other like loser people uh were being interviewed by the Senate that half of Congress and it was boring. It was about the banking crisis and we didn't really get anywhere.

The most fun one was this lady who looked like she's a professional finger painter and professionally teaches finger painting to like third graders. Like almost like the ultimate Middle School Teacher The ultimate Elementary School Teacher She actually like she's like why did people on the internet know that there was a banking problem before you did So her visual appearance aside, she has some pretty solid pointed questions. They're making their rounds on the internet right now and it's a fair question. The Federal Reserve the FDIC They have special information of the health of every bank.

So why did it rely on the internet to call out some crazy stuff before? The Regulators Who have even more information knew anything? It feels like a lot of these people are very much asleep at the regulatory wheel and you just question what in the world is going on. It just seems absolutely insane to me. and I'm sure it seems insane to quite a few of you. So a little bit of that today.

That will be continuing. Except instead of getting grilled by Elizabeth Warren and the Senate they are going to be getting grilled by the house members such as: Maxine Waters I.E today's thumbnail. So that's going to start at 10 A.M We're going to be paying attention to that in the market for about an hour. I'm gonna have to have a hard stop on today's show at 11 A.M because I have to go catch a flight and I get it.

Obviously massively massively famous individual here. Uh, but I'm not at the level that they stop flights for yet. that'll probably start in the next month or two. but I'm not there yet.

So I do need to get to the plane on time so I can get down to the Sunshine State of Florida Very excited to be in Florida Look at this. Look how look how pasty white I am. Look at that arm that's not the walls background. That is my arm.

That is my severe lack of melanin. My severe lack of melanin. Whenever I hear the opportunity that I might be able to get a little bit more vitamin D I Get excited I Just want some sunshine I want a little bit of vitamin D I Think it might be able to change everything in my life. So very excited to go down to the Sunshine State Then Friday As you're about to see, we're going to get another inflation report.

the personal consumption expenditure: I'll be writing all about this in the newsletter and I'll give you the information. Unfortunately, I won't be able to stream it because when I go from the Sunshine state I need to go to Virginia Beach Because your boy is going to be cutting up a rug at a wedding this weekend. I'm not in any way insinuating that I'm going to be stealing the rug from the wedding. It's an old-timey way to say that you're dancing, but that's also somewhat awkward of a lie because I'm a horrible dancer like I am a bad bad bad dancer.

So the amount of rugs that will be cut up by me uh, is not going to be high, and in fact, it's going to be zero. In fact, there's a better chance of me literally cutting a rug and stealing said segment of rug. Then there is me dancing on it. That's how bad of a dancer I am.

So you probably should think of the literal thing opposed to the idiom uh, that I will potentially just be stealing rug from whatever this wedding's at. Uh, so it's gonna be when are you flying? Uh well I'll be leaving today to Florida and then on Friday morning I go from Florida to Virginia Beach and then I have to drive back from Virginia Beach on Sunday I have to drive back from Virginia Beach to Manhattan which is like seven and a half hours eight hours. It's a long drive folks, so if you have any podcast recommendations, send them my way. If you have any audiobook recommendations, send them my way.

If you have like any like cool Finance YouTuber who you listen to every morning, send them my way I need something to pass the time so whatever you've been doing, you're like dude, this is like the best way to kill a couple of those hours. I would love your suggestion I am a DM away. Find me on MySpace find me wherever you need to. but if you're like this is what you need to do to kill that time.

uh I very much am asking for that eight hours haha not in Texas that's nothing I Recently found out that you can drive 12 hours in Texas and still be in Texas that's how wide Texas is I think we kind of under appreciate the pure girth of the state. the Lone Star State of Texas Uh, but that's some serious mileage. you could drive 12 hours and still be in Texas uh Mega Patriot You good over there? You good over there? I Live on the east side of Texas It's true lifter. I never knew you were in Texas Uh, but that's crazy.

Yeah, apparently to get to the west side, it's in excess. Maybe we should get this out there. Maybe just a quick vote. A quick poll? Do we all? Would We all agree that Texas is the girthiest of States Like I Know, maybe maybe it's a little bit bigger technically in Alaska but just conceptually like if all states were people, would the person slash state of Texas be the girthiest one? Or where would you guys come in at that? Where would we come in at the big like I I Feel like if if Alaska was a person it would be a large person.

but I don't know what necessarily if they would be girthy I feel like the Texas person that is the state representing the state Arkansas has some girth I Feel like Oklahoma would have some girth Kansas would have some girth. Um, this is something that we need to get into. girthius with tacos. What? All right? Well I'll have you guys think about that.

Tennessee Kentucky maybe I don't know I think if Tennessee was a person it would be much more. It would just be like a Suave like guitar player or something like a cool like country music star. Florida is long. Florida would just Be a crazy Florida person for sure.

We need to think about this. We'll pin this for a little bit later. but how girthy is Texas Roadhouse Ultimate Girth how do you think I became matte thick cores it was all from Texas Roadhouse You guys know where it's at, You know where it's at. All right? we need to talk about actual Market stuff we're getting a little bit too.

I Guess sidetracked here folks. Hit the like button if you're watching right now. it's completely free. Hit the like button on both YouTube and Rumble Don't forget to subscribe like subscribe.

it's the most important thing and also show a little bit of love to Streepy. If you want a free five dollars all the way up to five thousand, just use the code Matt when you're signing up for Street Pete but more on them in just a second. Here's a little look you see at the market this morning. the overall: Market the S P 500 is looking pretty Dandy it's here in the top left.

A pretty strong push from what was it around 2 p.m yesterday. We went from 394 all the way up to 399.50 early this morning. Pretty solid bullish push. Will it last? I Have no clue.

In fact, that's my question for all of you folks. My financial advisors. um, all couple thousand of my financial advisors on the line? uh is is this pumpkin hold? Are we going to continue to pump, pump and rip, rippity, skippity doo-dah Or is this all just like an ultimate bull trap and we're just gonna get smacked again. Uh, so where are you guys at Mayonnaise Mat 69.

Stephen That's just confusing. Manny's Matt 69. How did you know my RuneScape name? Dip Then Pump. You think there's going to be an out of the morning? It's it's a trick.

We are not financial advisors. Oh Jeremy You're You're actually my lead financial advisor. We were talking about it when you were out getting a coffee, but we were all like, oh, like, whatever Jeremy says today, we're all gonna perfectly copy him because he's our designated financial advisor. Like literally, scroll up in the conversation.

That's exactly what we were talking about. He knows Jeremy's crap crap. I'm done. Well, you're not done If you give us good advice man.

Jeremy Just what's your, what's your main Jeremy There's a couple thousand people between the two Services listening to you right now? What is your major Financial advice for the day. we're all listening. We all have our notepad. We all have our patents ready.

We're all ready to make money. Where are you coming at? man. What? Just order filled. What was I Just got an order filled.

What's going on? Oh brother whoo. The robot is fighting back Uh now I Want to be honest with all of you? Like I said I did switch it to the 30 minute overnight and that's why there's so many more trades and it lost like 250 dollars. Uh so I need the it I need it to crush now profit Target wait why didn't it net long too? What is going on? Strategy positions? False false it says I need to sell like hang on. We have a mismatch.

All right. We're gonna lock in order, filled all right now. it matches. That's true.

All right. What about this one? Why does it not match? Uh, somehow we doubled down on positions and Order filled now. Okay, they do match. All right We we got some truths I don't know what happened there.

That was a little bit sketchy for a second I Have a feeling that the issue is like my fault, but we locked in some winners. I don't know what's going on, but craziness happens. Craziness, uh ensued. but we recovered from it.

We we the Rogue bot. Yeah no, the the bot does have a mind of its own. Skynet is killing it. this am.

it's killing my account. I Mean at least it worked out. Oh yeah, good call. We got to do an early Wall Street Celebration Folks this is why we do it.

Honestly people ask me why I'm in the markets Why I'm training Why I like to stream it. It's for these moments right here where I make money playing a game of numbers on the internet and then I get to jam out with all of my internet parasocial relationship friends Wall Street right there. That's why he does it. That's why he does it.

It's not the fame, It's not the influence. It's not the money. It's definitely not to make the world a better place. It is simply to play that song and jam out with my friends.

That's why we do it. You guys saw it right there. That's Peak content creation for me I Don't think I could get it better I don't think there's any way I could do these things better. Uh, that's it.

That's it. I mean we might as well. should we just call it a show today? I Mean we opened up. we drank a little coffee, we cracked a couple jokes, we made some money.

Is there anything like we? We laughed, we cried. we're financially better off. We got to Jam out. Hands up.

Should we just call it a show? Do you guys just want to end it today? I Mean what else? What else could I possibly do I feel like if I stay any longer than this today I'm just risking it, you know I'm just at this point I Don't know. Does someone just want to? come on? Does anyone want to be a co-host today and we could just banter about random stuff? Stream: RuneScape We could play RuneScape Uh, I could switch it over to Ruinscape I could chop some wood and someone could come on and we could just debate something. Does someone want to just hop on and debate And you could even pick what you want to debate I'll just take the other side of it. You could be like hey, here's what we're talking about.

Here's my side. You have to take the other side I'll just do the ultimate debate Channel uh and it'll be for the title of Master Debater. Sign me up Seth We could debate whatever you want. We could do a uh not ended I'm tired.

Markets aren't even open yet Hey true True Top G That's my grind set. Man, that's that's my grind set. How will the war impact the market? The war on love, That's a great question. I'm long on KY Jelly uh Master Debater Really? Matt Well that it's for the lead debater.

Just tuned in Tldr on the last hour. Uh, how would you describe the last hour? A dark void and empty Abyss Did AMC squeeze a little baby yesterday? Yeah, there were some like rumors of Amazon buying amount and blah blah blah it's it's gonna end up being a buy the room or sell the news thing. I Don't think there's actually going to be news I Don't know why Amazon White would want to buy this distressed Um asset right now. It's horribly ridden with that.

uh. the new initial breaking news source of it was a news source that started two months ago. No one knows who it is, it was horribly written and then it just picked up and all this other all these other outlets which gave it some credibility. So it became almost like mini viral and then people just thought it was real and like.

We've heard this so many times before that if you're buying AMC now because of the Amazon quote-unquote news and I'm quoting it because it's not actually news, it's just crazy. This is crazy. Let's watch a bootlegged John Wick 4 I Want to watch the real thing I don't want to the lower quality bootleg I've I'm a big fan of the John Wick Saga Apparently he only said like I don't even think he said 400 words in this entire movie which is perfect sin World sure AMC meh. too expensive.

It's honestly a 2020 rumor. uh, too expensive AMC is not that expensive it. just when you look at its assets and its liabilities, it's liabilities like outweigh its asset. It's just not a good situation.

It's just why would they want to buy a distressed asset? Like unless they have some grand plan with it. but they were talking about it as if Bezos is personally leading it folks. Don't forget Bezos is done with Amazon he's retired from Amazon and if you read the articles like oh like Bezos wants this and that Bezos is done with Amazon it would. It's crazy that people were falling for this.

It was wild. All right, where are we at? We should talk about the market. Now that we have five minutes, we'll do a speed run Dow Rises More than 200 points as rates fall well, we are seeing a nice Gap up and what am I going to tell you? Of course I'm going to tell you to watch for the Gap down play today all the way down to 396.49 Now will we get that Gap down today? I Have no idea things are super green. The Dow, the S P, and the NASDAQ are all up almost one percent on average oils up to 74 a barrel.

We see yields popping and on top of that, a little cherry on top. Look how incredibly bullish today is today. From a seasonality standpoint, the Bulls have won almost three out of four times and the profit factor is 9.44 I Cannot stress enough how incredibly bullish today is. From a seasonal standpoint, it's absurdly bullish.

Shout out to Cam I say who's the master and you say show Noof is now a monthly supporter Cam just became a monthly supporter. Shout out to Cam Cam2425. A Ai Ai I A you're like reverse AI I Don't know what the I a stands for Cam but I very much shout out for becoming a supporter over there on Rumble Thank you thank you thank you. Um, but anyway, seasonality standpoint today.

Absurdly bullish and you're already seeing that play out yesterday. I Locked in 120 from some of the premium uh, it was the Oxy one finally got out of that I made a new Iron Condor and the major macroeconomic event for today is the continuation of this testimony to Congress Today Barr Fed Governor Baller will be speaking with the house the other half of Congress about the banking crisis and we're going to see how that goes. and I'll make sure to wrap you guys all up of like just so you're apprised of the situation in the newsletter on Friday I will not be streaming but I want you to know that the inflation report comes out at 8 30. if you want if you guys are cool with it I could try to do a stream from my phone at 8 30.

like I could try to start at 8 20 and like do a quick like oh I go a first time reaction if you guys are game for that I could try to put that together. can't promise anything I don't know what my Internet situation is going to be like. it's right before I need to get on a plane but I could try to put it together so I'm just you guys, let me know. Maybe just kind of a weird hotel room, a little something, a little something more intimate.

Maybe I'll just do it from the hotel bed or something like that. Matt Matt In hotels, that could be the version of that show Bitcoin Claims five percent over 28 000 As investors struck off regulatory crackdowns, Cftc cracking down on buying hands. At first, Crypto took a bit of a hit and as you can see now it is very much recovering. Uh, so it was doing well, got smacked and now it popped built a nice base Bitcoin Popping back up almost at 30 000 East pretty much doing the same thing.

Pretty nice recoveries as McCarthy lament quote: unquote no progress. Here's where: U.S Debt Sailing Talk stand. We're going to come back to this I Just want to put it on your radar because it is very, very important Jamie Diamond is being deposed over JP Morganite's role in the Epstein lawsuits. So you know that guy who like killed himself? Um, yeah, we're not done with it.

A lot of people still being deposed. There's still a lot of legal debacle going on around all of this. so if there's any interesting developments, especially because it does relate to such a massively important Bank Especially when banks are very much in the news right now I Figured out we could cover this and you never know what crazy bombshell information is going to to come out from it. Thanks for always chilling with us in the morning's event.

Jeremy K Shout out I Appreciate it JM vs. appreciate you keep doing what you're doing eight months. Shout out Jmvs I Appreciate the support Five things to know before that: Bell goes dingity ding ding Ding Today tripped up. Well, the Market's going upward right now.

It could have been worse. Talking about the whole banking thing that will be continuing today. We're going to be listening to it at 10 A.M Another charge for Sam Bakeman Freed uh for he's being accused of paying off Chinese officials to the tune of 40 million dollars 40 million dollar bribe to Chinese officials The newest charge against uh old SPF Diamond to be interviewed in the Epstein suits as he should as I mean a lot of people are getting away scot-free for the whole Epstein thing. It's crazy.

It's time for Sanders versus Schultz Basically, this is the ex-ceo of Starbucks who was accused of union busting and Bernie Sanders doesn't like that as soon as he hears about a union being busted, it's almost like a white night situation where he comes gallivanting in. He's like I gotta save this Union Um, so there could be some interesting fireworks related to that, but as you just heard, the casino is open. best of luck to all. Play responsibly and if not, at least make your bets absolutely massive.

Why be safe when you could have a bit of fun? There's the Bell We're Off to the Races We're gonna watch the first 10 15 20 minutes just to see how things shake out. Remember, there is a considerable size Gap filled. To the downside on the spy, for today, things are looking bullish. Willie Gatfield Today it could.

But I also want to remind you that the seasonality of today is absurdly absurdly absurdly bullish. Insanely bullish some would say so. Uh, make sure you are paying attention to that I would love for FRC to recovery I would love Uh. I Actually the only Tesla position I have right now is some premium that I sold at 200 and 207.5 So as long as it's below 200 by the end of this week I don't really care Baba Had a pretty good Gap up yesterday on the news that it is kind of from a legal perspective, siloing its business into six different compartments.

They like the compartmentalization so Baba had a nice push. What else is on the move today I Know AMC was in the news yesterday. how's it doing Now it's actually in the red now I'm not even holding its gain JP Morgan Uh, speaking of diamond and Epstein and all that, uh, just below 1 30. uh.

Rum is trading at 885. Tesla's up two percent Tesla Looks to be the biggest gainer on my watch list. How's Meta doing Meta Msft? All right folks I need your help? What's moving this morning? What's the exciting thing to have up on the screen? because I'm seeing a bunch of nothingness I'm seeing a bunch of boringness. Uh, so what do you guys want on the screen? I mean Tesla's The biggest gainer I mean we have like Bitcoin is looking good? um it doesn't really move that much so usually we just leave Bitcoin on another screen but crypto definitely showing some strength for sure.

Mullen uh how is Mullen doing Wow? uh, not even holding 10 cents? Absolutely trash just like Trka. Remember all those people who were telling you that Trk was amazing? Where are they now? Uh uh Lulu Fun fact: I just bought Lululemon underwear and I almost myself when I saw like I would I just happened to be in the mall with my completely real girlfriend I was like yo you know I I could use some new underwear and we she just happened to be in a Lululemon So I went over to the guy section and I just grabbed a pack of underwear off the wall and judge on judging on their price. Uh, apparently they have a small layer of gold apparently. um because that's the price of them I act like I legitimately thought that they like rang it up two or three times I was like no I'm just getting one pack of underwear here and they're like yeah no we we know it it it it blew my mind.

The cost of things that Lululemon blue like I don't know. Maybe maybe you guys aren't as like fashion forward as I am here with like super fancy somewhat female sounding underwear brand names which I thought Lululemon was for women but apparently it's for men and apparently it's for men that are awful with their money. Lulu has a guy section. yeah, that's what I literally I was just like I just need some underwear.

There's been some accidents recently and I could use a couple new pairs and then I did. Apparently they're made out of gold. Uh, 74 for three is excessive I It was like in that world it blew my mind. blew my mind.

Are they polyester? I Don't know. Man, they're made out of diamond and gold simultaneously. It's like some special thread from the gods above. It makes no sense.

You're 100 correct. My sometimes real girlfriend loves that store and their prices are mind-blowing It's I I Don't get how they get people to spend the money that they do. I Hope FRC goes It goes I'm in at 16. I'm in at 42.

so I'm under far more pain than you are. So I as much as you're hoping it goes above 16 I Would love it for it to go above like 46. I'll I'll do you one better. The quality is amazing.

Wouldn't wear anything else. Love the gym shorts Brian Are you made out of money? How do you spell Like how do you acquire it I Understand that the quality might be there and I understand that you might like enjoy the brand name. My issue is is like are you like selling off your children to be able to afford a shirt there The the sports like what do you do, Do you run a hedge fund? Are you some tech kid like what's going on that you can afford? Oh you shoplift All right that makes more sense. uh that makes more sense I bought a pair of Armani ones most uncomfortable ever uh you spent it Matt I did it but I was Bamboozled I was Hoodwinked I was tricked I went up there it at a certain point it became a note of hubris for me where I wasn't going to be like uh uh uh I can't buy that like I was just like Oh no just one and it was already awkward and I was like they're like it yeah we did just ring up one I was like okay, uh I guess I'm buying it then and you have some sort of like payment plan or uh, what's going on and it just got awkward.

It was like an uh like you like I was like do offer like influencer discounts and they're like sir, we have no idea who you are uh we do offer influencer discounts but it's the people who are legitimate influencers so it's like it was like the old dagger right in the heart. I was like uh, it was a double dagger I got stabbed almost like Julius Caesar from the front and the back. uh I was told that I was not an important enough influencer and I also was stuck with a massive bill. Uh Rumble is messing up for me check Twitter message is Rumble messing up for anyone else in real time right now.

Hey Rumble people is Rumble messing up for you currently Uh uh. dude. this has been going on with my Rumble for a week or so. What's happening? What am I watching? Why is your video not playing I can't play your video Coyote Killing Ape uh maybe I need to watch on my phone I'll try to figure it out but as of now are other people having issues.

Good here, working fine. No good here looking good? Rumble Good? No no no Rumble is fine. A lot of people are saying it's fine. Um I'll I'll watch your video right after stream and see what I can do to help you out.

Uh, we'll try to get to the bottom. We'll get to the bottom of this. Oh, we'll get to the bottom of this. Uh, breaking news the former Credit Suisse Banker says the bank helped wealthy Americans evade taxes for multiple years? No.

Sherlock that's what wealthy people do. They avoid taxes remember Xrp? Um yeah I never got it. They made it too difficult to get but I remember it. Uh, someone said something about Gns Gns suspended I hope it is because it's a trash company.

It should like. this is horrible. This was another. This was a paid pump and dump.

Remember, Gns got some notoriety because the CEO was all like oh, we're fighting naked shorts. We're being naked shorted too And then what they did was I think was it Zacks Or who did they go to Someone came out and gave them a 19 price. Target But then if you look at it, there was like a little asterisk and if you read it, you realize that Gns paid for the analyst to give them a review. So they literally paid for it.

and then it pumped up and surprise surprise. This was a company engineered pump and dump pump. Dump it. And we talked about it literally when it started happening like this is no one's ever heard of them.

It's a horrible quote-unquote education Teaching Company And the only things that have been positively said about them have been paid for. Um, this was just another another marketing attempt to be like we're being, uh, abused too. It's like, well, no, sometimes companies go down, not because they're being manipulated In the downside: sometimes companies go down because they're horrible companies and no one wants them. So they sell their stock and thus it goes down.

Not every company going down is being abused by shorts. Sometimes companies are bad bad companies. Um, and that's what Gns is. It's a company.

Look at its financials. Look at its any of its financial statements, its balance sheet. It's income. The fact that It's paying for any of its positive review it.

It's not much of a surprise that that company is getting slaughtered. Not much of a surprise in the slightest. Okay, we have about 20 minutes until it gets going. And by it I am referring to, um, the all the Good Jazz related to uh, the next Congressional testimony.

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It has been to the top of Chat it's in the description of the video or just download street Beat and then put in the code Matt M-a-t-t So they know that you came from the goonie community. All right Euros up. How is the dollar doing FRC Getting a bit of a pop here? How's the dollar looking dollar coming down? The Dollar's been getting beat up in a general sense lately. How's the dollar Look on the daily.

look at this. Double double topped real hard at 105 and some change. Uh, triple tops almost in. like flipped over the y-axis handle, then the cup and then it got smacked hard.

Um, so looks like it might be finding a little bit of support at 102 this chop region here. so make sure you're whatever once in a while checking on seeing what the general trend of the dollar is. but as this has been coming down, that has been a bit better for the overall. Market Uh, right now the Spy very strong opening I mean at one point we got to 399.90 10 cents away from the key Technical and psychological level of 400.

Right now we're just battling it out I don't know about 40 50 cents below. like not much of a movement quite yet. There is the downside Gap Though just for the last reminder of this, there is a downside: Gap fill to 396.49 on the Spy today. If you're talking about the cues, there's a downside Gap filled to 308 20.

the small cap sector there's no Gap fill Apple has been on a nice push lately Microsoft Nice push, but chop ever since Monday March 20th Meta has been bleeding. To the upside, the market is loving the fact that they're continuing to fire everyone that works at the company. Tesla is at a make or break it Point uh I Over the past three days we've been kind of chatting about this of how I do believe a train is going to be setting itself up soon. We're either going to bounce, we're going to break down I have no idea which way it's going to go I'm waiting for the opportunity Oxy's been pushing back up as oil has been recovering and also it's been reported that Warren Buffett is buying more and more.

His most recent purchase was like 250 million dollars worth of shares and now he owns 23.5 percent of the company run this kind of chilling just above its own trend line I like the pattern of higher lows would love for the same break above I Think the 11 Mark is like that magic mark where a lot of fomo could finally kick in. Uh JP Morgan uh Gap up to 130 but getting smacked a little bit I did a put credit spread 125 by 120. So as long as we get to the really I the longer the better. but I just want this above 125.

Crypto looking good uh AMC is up 0.5 Today ape has been doing nothing ape if you haven't figured out is a complete scam and such as the actions by Adam Aaron and if I'm the bearer of bad news okay, whatever. sue me. uh but it is. Uh, it's just so evident that that guy is screwing us over at this point.

Any other questions, any other questions? Where is everyone Today We're about 500 viewers alike. Everyone look around what names are you not noticing that are normally here? We need to do a health check. We're going to show up at their house. Foreign.

We need to show up at their house and see if they're A-Okay Usually we're rocking it around 2K on both Rumble and on the YouTube's uh, but today we're a little bit off. It's weird we're over by a thousand on Rumble but we're under by 500 on YouTube So we're missing egg. Uh oh, where's the egg? Where is egg? Where is he? Oh man, we'll find them. Do you like Wing Stop uh I Don't know anything about it as a company, but I love it as food that I consume.

but still the number one. Texas Roadhouse I'm just gonna pivot this channel to being a Texas Roadhouse Channel I Know that by the time it all ends, I'll maybe only have like three like actual audience members and viewers. but even though, think about how much our happiness will go up, I know a lot of you are going to leave if we exclusively talk about Texas Roadhouse But for the few of you who stick around, imagine the pure Utopia the pure, almost unbridled happiness, childlike joy. we would Experience day over day over day.

just it'll just be a Texas Roadhouse just become the the Texas Roadhouse Channel We would all just be wearing our cowboy hats. We'd all every single morning start our day off by eating a half rack of ribs. What else do we need? What else do we need in life? I'm only here for the Texas Roadhouse talk Anyway, Oh man, folks. destroy the like Button destroy the sub button.

Sign up for street beat. Uh, but we have a couple minutes and then we are going to be starting this. Congressional testimony I've never tried the ribs. You are missing out.

You are missing out. Go get yourself a half rack of ribs today. Half rack of ribs today. Your day will be far, far better.

What is this? Someone sent this in to react to Wosers Jay-Z is now worth 2.5 billion dollars Warren Buffett Once said he's the guy to learn from I didn't know he was that large of a business Mogul Less than 40 years after becoming the first billionaire rapper Jay-Z Showing no signs of slowing down, the Brooklyn-born artist net worth is now 2.5 billion Jay-Z became the first billionaire raps first billionaire back in 2019 with stakes in Armande Ragnar Armand de Bruno I don't know how to say this Armand or Man de Brignac I'm pretty sure that's how you do it uh, champagne and the use cognac valued at 400 million at the time as well as various investment properties in New York and La as well as ballooned in recent years and part of growth of his Entertainment in company. Rock Nation In the sale of the streaming service title Uh, I Had no idea what title was. He is in the top 1500 wealthiest people in the world in 2010. Sit down with legendary investor Warren Buffett Nearly a decade before becoming a billionaire Jane Z Competitors approaches a music career with the Oracle Omaha strategy for investing only in business.

He understands rather than what is most popular. 53 good for him Jay-Z Crushing it, Crushing it, Crushing it, crushing it, What do we have here? We are getting details at least where some of that money possibly went. Federal Prosecutors are now alleging that Bankman Freed paid out tens of millions of dollars. This guy's going down forever for at least one China Forever forever.

40 mil to China FTX May have given Millions more in cryptocurrency to other Chinese officials. They did it allegedly. why couldn't he give them an E-40 FTX account money. Apparently the FTX employees tried to get China to unlock the money in other ways, but failed.

So they reverted according to the allegations to good old-fashioned bribery And apparently it worked. The accounts were unlocked and the bribery works. But then Bankman Freed and his hedge fund Alameda research which was being run by his apparently on-again off-again lover. Caroline Ellison Use that money off again money losing trades I said a lot.

Maybe you've had a drink. Do you follow this? Listen again. Bankman Freed allegedly bribed one or more Chinese officials of course to free up about a billion dollars in crypto. Okay, he then allegedly used that money to fund other bad bets.

In other words, bribe someone. Get the money to keep another alleged fraud going. If these allegations turn out to be true and he is found guilty, it adds another huge layer to what may turn out to be one of the biggest crimes ever perpetrated on American investors. Let's talk more now about it.

CNBC Writer on the story Mackenzie Segalos Puck News Writer Teddy Schleffler and Axios Crypto reporter Brady Dale Mack I'm going to start with you um I Just don't know how much more bizarre this story can be bribing Chinese Officials Yeah, it's just another twist in this event. it's the third time the Federal prosecutors have slapped a fresh set of charges on Sam Bateman free since December in China including allegations of unlawful donations made in the U.S to court favor with political leaders here. So a bit of a trend now. Feds are saying that Sam told people working for him to pay a bribe of 40 million dollars to one or more Chinese officials to try to on unfreeze trading accounts tied to his crypto hedge fund.

Alameda Research and get this: Brian Those accounts were frozen in the first place because of another ongoing investigation into Sam's cryptography. I'll say what was especially suspect about this payment is the fact that it was broken up into two parts, with that second payment apparently coming after Sam had confirmation that his accounts were unfrozen. so not a great look. Uh, I'm just trying to I'm just trying to stay on it.

Okay, Brady you're reporting. Uh, and you've you've interviewed Sam Bateman Freed. On the record, you're reporting ads and even another layer. Which is that? is it possible? Okay, and maybe ask you to editorialize here a little bit that the Chinese locked up this FTX money at maybe the urging or the behest of Binance which is although run out of Singapore does have come some connections with the state.

Is that even possible substantial links said is the lockup happened because of an investigation into another counterparty of Alameda researches. Um, what was interesting to me about the timing is it happened just as things must have seemed to have started going well for FTX because it it happened right at the start of 2021 and that's just as this bull market that you know ended early last year. uh was beginning and so like just as they must have been feeling like they were getting out of the woods from a long dark period. all of a sudden they get a ton of their money locked down in China but I was I was wondering Teddy if that cat that's a party that Brady referred to.

If that Senator party could have possibly been Binance Ftx's biggest competitor slash ostensible Bailer outer at one point. All right, I've had enough of that ostensible Balor outer. All right, that's sailing as McCarthy laments, no progress. Here's where the U.S Debt Ceiling talks stand.

We've made no progress on the debt Sailing talks house. Speaker Kevin McCarthy said I'm always an optimist. I'm not Now they have to raise it. They have to like.

That's just. this is how our economy works. This is how our government works. Every so often They get into this I guess pissing contests and they threaten to not raise it.

And then they end up raising it. They're going to end up raising it. It's just more of like what's going to be conceited on the other side and from you're about to see. And also, if you do any of your own research on this, you're going to find out that they basically just want to tone down the spending because our government is currently spending money like a drunken sailor Congress periodically needs to lift the debt limit the maximum amount that the federal government is allowed to borrow to cover spending obligations House Republicans have refused to lift the ceiling without Promises of spending cuts I Get why they're holding out because we are spending recklessly.

We are spending recklessly. An example for you. I At this point, Eight weeks ago. Eight weeks ago.

actually longer than that I Got back from Christmas break. so it was the first week of January We are now in the final week of March through a government thing applied to get a passport. They are just getting to review my application Now now that is obviously very small, but imagine extrapolating that out. the inefficiencies, the waste of all of our government.

That's what they do. The government is the most poorly run business that we've ever invented, and then they just expect us to keep paying. And paying. And paying.

And paying. They should spend conding or spec hunting cut spending I Don't know what My brain just froze together there and move I Don't know what my brain just put together there to morph those two words together, but they should like this is so stupid. All they do is waste and waste and waste. There is no person who's ever had to engage with the US government and they're like oh, that went efficiently and they did their job in a timely manner that does not exist.

They are just an absolute bottom feeder of a system that just pisses away money and then the average taxpayer sees nothing for it. The White House has not taken the position that while spending cuts needs to be made, it will be not negotiated on the debt ceiling and expects Republicans to lift the limit. Well, we'll see if they actually do. We'll see if they do and joining us now.

House Speaker Kevin McCarthy Mr Speaker Great to have you on to to highlight Uh this year. First on on what what's contained in your letter you saw. uh, welcome, thank you for uh for joining us. Um, we can see what little Tremors do in the financial uh system.

We've seen that the last couple of weeks which makes us think what a true impasse would mean. uh if something happens here. Um, given what you're saying and given the response from the White House Press Secretary it doesn't seem like we've made any progress since that meeting you had two months ago with President Biden. We've made no progress and Joe you know me, I'm not always an optimist.

I'm not Now They asked to pass just to raise the debt ceiling. Well, they control the Senate. They can't pass it in the Senate even Democrats in the house tell me they would not vote for that. So that's off the table.

The President and I met more than two months ago. Since that time, he has misled the whole Congress and the country. When we were together at the prayer breakfast. he says we're going to sit down the next day.

told the entire Congress that we're going to meet at the Democratic Retreat. He told the Democrats that they that we were planning meetings. He's never had one meeting. it's been more than two months.

Time is ticking now. I'm very concerned about where we are. Look, we've came with an idea of being very reasonable responsible to limit, save and grow. We've picked ideas that Democrats have for limit the amount of spending.

That's what. Joe Manchin says, the outgrowth, non-defense just cap how fast you can grow. find savings. We have billions of dollars of Sons spent coveted money that set dormant for more than two years.

You can grab some of that back. find our ability to grow this economy through the economy through energy. Maybe you do something when it comes to securing our border. Maybe you do work requirements.

Things that he voted for for um, as a senator which Bill Clinton put in for those with no dependents. These are ideas that we have more than four trillions in savings and now the economy is even a worse position because of his extreme spending levels. What they took with all Democrats in in power I am more concerned than I have ever been to be able to get this debt ceiling done because he refuses to meet with anybody and then misleads the American public and the markets aren't seeing that we in in the letter you say I have no interest in brinkmanship, but it seems like both sides are at at least at this point ready to take it there. And do you see any uh, any room for negotiation at all at this point? What What if the president every German what if he says uh, clean debt we did it during Trump two or three times with a clean raise Democrats gave you a clean rate.

We want a clean raise. You'll never do that Joe We never did a clean during Trump you you can talk to anybody there you could talk to Nancy Pelosi What they did was we'll raise the debt ceiling if you add more spending. It was an agreement between the two Joe Biden did this in 2011. The Joe Biden 38.3 billion 74 of the American public wants us to sit down.

We're now at a more extreme position that we've ever been. With the Democrats in power, they are spending more than in the 50-year average. Normally we only spend about 21 percent of GDP. they're up to 23.7 We just had the Congressional Budget Office tell us we're going to have to pay more than 10.5 trillion just in interest in the next 10 years.

But in the last 80 years we have only had to pay 9 trillion interest. We are at a Brink point. We now have a banking crisis because of interest rates going up because the Democrats extreme spending levels the Republicans are not playing brinkmanship. I'm not interested in that I Want to sit down I Went to the President at the beginning of February I Told them at the very up front everything's on the table.

Let's talk where we can find ways let's see where we can grow this economy from the very beginning. He told the American public after that meeting, even tweeting yes, we can work together he told the Congress yes, we're going to meet He told the Democrats at their Retreat Oh, I'm going to meet with Kevin The only difference is he won't ever schedule that meeting. He wants to create a crisis here and that's what I'm concerned about. The American public has to be warned based upon what this President is doing.

If they think they can just raise the debt limit then why don't they do it in the Senate tomorrow Because the Democrats won't vote for it either. I Didn't know that the Democrats themselves were so against it. That's kind of crazy. Markets looking pretty good here I'm dropping into the three minute uh markets are looking strong.

Here's a quick check in on the the old Bots the old Pelosi Bots Going a little crazy this morning? Uh, looks like uh, we're trying to get 134 on the NASDAQ and uh, this one's actually just break even right now. But we are in line as expected. Where's this one going? Profit: Target 4059 4059 So it looks like it's trying to go all the way up here and then the other one's obviously at Nine 35.5 so we got actually. oh, we're getting close.

This one might be tagging. this might be bagging and tagging 134 pretty soon. Uh, would love to lock some of that money in. All right.

And with all that being said, it is now 1001. The conference is starting here. I Have the link. Let's get going.

Let's get going. Um, all right, it's up. They start a couple minutes late, but we're gonna be good. We're gonna be good.

We're gonna be good actually. I Did just find this too. So here's our actual spending. Uh, so when did Biden came into office in late 2020, right? Uh, so in 2020, our total spending was 7.47 trillion, hours, spending in 2021 was 7.38 trillion and are spending in 2022 with 6.27 trillion.

And to give you an idea of like how this was beforehand: 4.6 4.7 4.79 4.8 So it seems like we're averaging out, and then 2019, we jumped it up to five. So on average, we spend less than five trillion dollars. and then recently, it's 7.4 7.4 and 6.3 We're in excess, seemingly of all an entire trillion on top of where we're normally at, and then on a percentage basis of our GDP It's obvious. obviously awful.

Um, huge percentage or damn. I guess I didn't memorize how bad the individual numbers like a whole trillion more. and this is on the Um Treasury.gov's website. Feel free to check it out.

That's crazy we've spent already this year. 2.46 trillion in fiscal year 2023. 2.4 Said: where is this money going? Why do we just give away so much money? That's insane. Ah, the market looking strong.

35. I Need this one to go up to 12 935 Dixie Taken a bit of a hit. What else is going on? Gns up 40 yeah, maybe on a small look how much it's down though I Don't understand why people. Unless you bought it this morning or at the end of closed yesterday, what's the point of being excited of one day of success when it's down 68? Yes, if you bought it yesterday, you're doing good.

But if you bought it anywhere in here and you're just like stoked that it's up one day, you're still down money. You're still down a considerable amount of money. It was a pump and dump. Gns was so evidently always a freaking pumping up.

It just screamed it. And then people don't want to hear that because they want every single trade they're in to be like a massive massive Money Maker For them. Uh, speaking of making massive money, let's lock this one in. We got one on the we got one on the line.

Let's see if we can reel this trophy fish in. Come on. Looking to bag down in decent sized one of 134. wouldn't mind it, wouldn't mind it in the slightest.

Come on, let's keep going. Keep going. We got one on the line. we just gotta help it home.

Uh oh, are they starting the don't don't get that close and then not give me my money? This is that's not cool. That's not a cool way to do it. Peter Screaming Sellout. Uh Peter You're a pathetic keyboard.

Warrior But you're a loser sell out. How did I sell out by telling the truth? Um, you're just a sad, sad, sad individual. Can you check Who spent more between Trump and Biden? Um, it. Well, obviously you'd have to correct it for the amount of time already in office.

and Trump or Trump was Far Below Um, if you look at the percentage, whatever percentage Biden is currently completed with his tenure. Uh, in this term, if you adjust that properly for Trump, Biden spends way way way more. Um, it's not really that close. And to be fair here, some of it has to be adjusted for the fact that our spending goes up during the Rona period.

Obviously, we had to simulate the economy. Um, the issue here is the spending that the Biden Administration is still doing when they no longer should be stimulating it for The Rona period. That's the issue. No one's really saying like hey, you should have spent money at all like I get Obviously, it's going to be bloated like if you compare Biden or Trump to beforehand.

Well, we're just in a different environment. Clearly, we are in a different environment. Without objection. This year is authorized to clear a resources I'm clearly overspending.

The hearing is entitled the Federal Regulators response to recent bank failures and without objection, all members will have five legislative days within which to submit exchange material to the chair for inclusion. For the record, Foreign I Now recognize myself for four minutes, give an opening statement today. Let's put aside the pre-baked narratives have dominated the political discourse. We're here because the American people deserve answers.

Before we draw conclusions on regulation or changes to law, we need to establish the related facts and the run-up to its failure. Silicon Valley Bank Experienced rapid growth relying on undiversified and deposit based and Investments today by high inflation environment we know the bank was mismanaged. That much is clear. Now, we need insight into the decisions and decision making process of financial.

Regulators related to the second and third largest U.S Bank Field I Cannot edit this at all. We need insight into those two days in: March when an idiosyncratic Bank became a systemic risk spawning a large-scale financial intervention that's still ongoing. Vice Chair for Supervision Bar: You've been on the job for less than a year, You came to the job well qualified. However, you made time to start a review of climate risks and Banking and review of capital standards for larger banks with no bench mention of changes to bank supervision or liquidity provisions.

In fact, I've never heard you say so track Congress that you didn't have the tools to do your job In Fairness though neither Dodd-Frank nor that technical Corrections Law as 2155 dealt with issues presented in March a digital Bank Run the speed and volume of which had never been seen before. This committee would like to understand your thinking in the key hours of that first week in. March were your decisions had a mighty impact. Was there adequate planning for a large-scale bank run? Did the chief supervisor Follow The Playbook To ensure the bank did not fail? How did the chief supervisor and examiners miss the hole in the bank's balance sheet? These are related questions.

Additionally The committee has no insight into the decision making or the actions of the FDIC chair. on Friday the 10th through Sunday of that week when that that systemic risk exception was announced again, did the FDIC chair use all the tools at his disposal to resolve the banks that weekend Was there a viable private sector solution? There are reports that multiple Banks were interested and ran the traps internally to purchase. Silicon Valley Bank That weekend you confirmed as much yesterday, Chairman Grunberg. but as we all know, Silicon Valley Bank was not perfect Sunday March 26th At an estimated 20 billion dollar in losses to the deposit Insurance Fund Why wasn't a potential buyer accepted sooner? Was there an ideological lens that prevented FDIC from pursuing a private sector solution that could have staved off the uncertainty of the last two weeks, we know on Sunday March 12th, another bank is shuttered and placed into FDIC receivership and together this is deemed a systemic risk event.

That evening, the Financial Stability Oversight Council meets an executive session. no meeting minutes, no transparency for the public, just an announcement after the fact that lack of transparency has a negative effect on the public view of the safety of the financial. Uh Arena Congress needs visibility into how and why this determination was made by the FDIC, the Fed, the Treasury Secretary, the Fsoc chair, and the President. I'll finish with this.

We need competent Financial supervisors, but Congress can't legislate competence today. This committee wants to understand your thinking in those key moments and that decision making in a moment of stress in our banking system. Thank you for being here and your willingness to give answers to our questions. At least that's the hope with that.

I Now recognize the ranking member for four minutes good morning. I'd like to thank Chairman McHenry for working with me in a bipartisan way on investigating the failures of Silicon Valley Bank and Signature Bank Today's hearing is the first to what I expect to be several hearings on this important topic: Chair Eunberg Vice Chair Barr and Under Secretary Lang The collapse of Svb and Signature Bank earlier this month marked the second and third largest bank values in U.S history of sheep Svb country. Oh no, that's her hair I was like did someone deck Maxine Waters in less than a day making it the largest bank run ever and threatening to snowball into a full blown banking crisis. But 2023 is not 2008 Because of the Dodd-Frank reforms Democrats on this committee passed as well as the bold and Swift response by President Biden Secretary, Yellen and our banking regulators, a crisis was averted and our banking system remained strong.

However, these events are a wake-up call. We must uncover her management Regulatory and supervisory failures contributed to these events and explore solutions to strengthen the safety and soundness of our banks. Small business owners should not be expected to serve as a financial regulator when paying their employee