4.4 • 716 Ratings
🗓️ 23 October 2024
⏱️ 42 minutes
🧾️ Download transcript
Host: Matty A
Co-Host: Ryan Breedwell (absent, traveling in Europe)
In today’s episode, Matty A dives into some of the hottest headlines impacting the economy, real estate, and stock markets. He covers Trump’s much-anticipated appearance on the Joe Rogan podcast, the shocking rise in U.S. debt, and updates on small-cap companies. Plus, Matty breaks down the housing affordability crisis, car loan delinquencies, and whether Bitcoin’s bull run is here to stay. Tune in for deep insights and a no-nonsense breakdown of the latest in finance and politics.
Trump on Joe Rogan: How Trump’s upcoming appearance on the Joe Rogan podcast could influence the election and why it’s a major political moment.
U.S. Debt Explosion: The U.S. added $473 billion in debt in just three weeks, bringing total debt to $35.8 trillion. Matty dissects the consequences of this ballooning debt.
Housing Affordability Crisis: With home prices skyrocketing 42% since 2020, Matty unpacks how affordability is out of reach for many, especially younger generations.
Bitcoin’s Bull Run: Why Bitcoin is up 142% over the last 12 months and what this means for the future of cryptocurrency investments.
Economic Soft Landing and Stagflation Fears: Insights into the latest Fed actions, inflation concerns, and how they could affect the economy heading into 2025.
[00:00:00] – Introduction: Matty opens the episode with a preview of today’s major headlines.
[00:05:00] – Trump on Joe Rogan: The potential election impact of Trump's upcoming appearance.
[00:06:28] – U.S. Debt Crisis: Analyzing the $473 billion added to U.S. debt in three weeks.
[00:20:39] – Housing Affordability Crisis: How mortgage rates and rising prices are affecting buyers.
[00:28:59] – Bitcoin Bull Run: What’s driving the massive surge in Bitcoin's value?
[00:36:00] – Real Estate & Commercial Market Updates: Matty breaks down the latest in the real estate market.
Matty A: "Love or hate the guy, Trump’s campaign needs to be made into a movie—it’s been insane to watch."
Matty A: "Bitcoin is now up 142% over the last year—if Bitcoin were a company, it’d be the eighth largest in the world."
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0:00.0 | real estate being an asset that is going to continue to go up in value over time is going to |
0:03.9 | continue to be a core need of all humans to have shelter and therefore if you're in this for the |
0:10.2 | long haul i believe that this is going to be always a safe and stable you know vehicle for your |
0:18.0 | investment and for building wealth into the future. |
0:26.9 | Today is October 22nd. |
0:32.2 | And today on the show, we're going to unpack some major headlines, |
0:35.3 | making waves across real estate, the economy, |
0:38.8 | and the stock market. |
0:43.6 | We're going to dive into Trump's upcoming appearance on Joe Rogan, the shocking rise in U.S. debt, what's happening with small-cap companies in the Russell 2000-plus. |
0:48.5 | We'll look at skyrocketing car loan delinquencies, fresh updates on housing affordability, |
0:56.2 | whether or not Bitcoin is about to enter a new bull run. We've got some great headlines. Stick around. There's a lot to cover. |
1:03.9 | Today we are down our man, Mr. Breedwell. He is out and joining Europe with his wife and his family. So I am |
1:15.7 | holding down the fort, but we got some great updates for you guys. Main topics to discuss today, |
1:22.5 | at least on the political news front, Donald Trump on Joe Rogan. Now, is this potential game changer? |
1:29.8 | Trump's upcoming appearance on Joe Rogan's podcast on Friday, this upcoming Friday, as reported |
1:36.8 | by Politico, big news kind of coming out today. Everybody's talking about it. Many people |
1:41.4 | saying this is going to solidify his presidency. Could this have |
1:45.5 | significant implications on the election momentum? Well, let's just see where he's at today. |
1:52.2 | As of today, Trump is polling at 60.3% chance of winning the election according to Kalshi |
1:58.3 | and is leading in seven swing states. If you look at |
2:04.3 | Polymarket, which has over $2 billion in volume right now with people betting on this election, |
2:14.9 | let's see. I'm refreshing this as we speak. He is at 64.4% chance winning. |
... |
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