Hello, fellow Rebel Capitals, hope you're well.

So the markets have finally closed, but there's still a lot of action we need to talk about.

First and foremost, what Larry Fink himself, everyone's favorite Black Rock CEO is coming out and saying he's hearing at dinner parties as far as this insider intel

and how it applies to the economy.

And then we're going to go to one of my whiteboard videos.

And I'm going to go over some things to think about,

about the price action we saw today in the treasury market. So first and foremost, let's get over

to what everyone's favorite CEO is talking about. Right, where did it go? Right here. Here we go.

CEOs think the U.S. is probably in recession right now. This is Black Rock's Larry Fink.

BlackRock CEO, Larry Fink, said many business leaders are already, many business leaders

already believe the U.S. economy is slowing. This asset management executive also sees the

likelihood of Trump's administration trade policies to cause upward pressure on prices.

You know, this is very common.

I saw Jamie Diamond come out today and say, pretty much the exact same thing, that we're

going to go into a recession and prices are going to go up.

I don't know.

I don't know.

Here's why I say that, because if you look at, let's see, right here, the trusty chart of the CPI, you see that even back in the 1970s, when the United States goes into a recession, especially when you get that unemployment rate spike that we talked about in the last video, you see disinflation. You don't see inflation going up. Now, am I saying that the

prices of automobiles or whatever we're importing from China or something like that, am I saying

that those prices won't go up? No, they probably will. But when you take the basket of goods

in its totality, there's a very low probability that you actually have prices accelerating

while at the same time you have an economic contraction.

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