Wal Mart Gives DIRE WARNING, $5000 DOGE Check To Every Taxpayer!? Scary Foreclosure Data

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George Gammon

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4.7 • 1K Ratings

🗓️ 21 February 2025

⏱️ 35 minutes

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Transcript

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0:00.0	Hello, fellow robocapitals. Hope you're well. So we got a lot to talk about. Holy cow Walmart comes out with
0:08.1	expectations that disappoint the market to say the least. And the market went down,
0:15.3	S&P 500 down by about 450 points. We're going to go over that. And we're going to go over exactly
0:20.5	what Walmart said
0:22.0	about the customer, the consumer that really spooked markets going into 2025. And also,
0:28.8	everybody is talking about this $5,000 doge dividend, the possibility of every single American taxpayer getting five grand, for
0:41.1	heaven's sakes. What will this do to the economy? Will it make Americans richer? What create
0:46.0	inflation? We're going to go over that in just a moment. And then finally, the data on foreclosures
0:53.6	for 2024 is terrifying. It's not just scary. It's terrifying.
1:00.4	In fact, I can't even believe it's accurate. And you guys are going to have to buckle up,
1:05.8	sit down for that one, and pour yourself a stiff drink. Because if these numbers are correct, which I still can't
1:12.8	believe they are, but it seems like it's coming from a legitimate source, Danielle DeMartino
1:17.1	Booth retweeting about this. It says a lot about what's happening underneath the hood in the
1:24.2	housing market. You're definitely going to want to stay tuned to that or stay tuned for that.
1:27.8	So let's start by looking at what's going on with Walmart and what they reported today that
1:34.1	really got the market spooked. So Walmart shares drop as retailer says profit growth will slow.
1:41.6	And remember, Walmart is kind of used as a proxy or a bellwether for the consumer
1:48.3	end the economy. But I think a bit in the wrong way, because if Walmart is doing really well,
1:56.3	I mean, that could be good for the economy, but it could be a bad thing, meaning people are just
2:00.4	trading down. And if Walmart's doing poorly, then that could be good for the economy, but it could be a bad thing, meaning people are just trading down.
2:01.8	And if Walmart's doing poorly, then that could mean the economy is really, really suffering in
2:07.4	really bad shape, or it could mean the economy is absolutely booming.
	...

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