Carol Roth
๐ค SpeakerAppearances Over Time
Podcast Appearances
Just want to say thoughts to all you and your colleagues over there at the banana is the next couple of days.
Yeah, I do.
It is deeply concerning that we see an authoritarian slide.
And as we talked about earlier, dividing people against each other to convince people that if you're not doing well economically, it's somebody else's fault is an incredibly dangerous place for us to be in.
I don't think that a lot of people would argue that there are shades of authoritarianism here that we need to be deeply concerned about.
You're listening to The Best of the Glenn Beck Program.
So I think there's something, you've heard of the boy who cries wolf problem, right?
And unfortunately, I think that the president has a little bit of a straight will be open and safe problem.
Some investors may put it to the side and sometimes you see that in the stock market, but the hardcore investors, those who are in the bond market, those who are in the commodity market,
they are looking at not what the president is saying directly they're reading between the lines and they're taking note of his actions because the president happens to be very transparent if you know what you're looking for and basically every time the yields on the 10-year get into the range of about 4.4 percent the administration led by a very smart guy at the treasury and scott besant
starts to worry that we're going to have bond market dysfunction.
And so the president comes out and says, everything is going to be good.
Everything is going to be wrapped up here soon.
We're taking care of everything in an effort to get those yields down and to buy them a little bit of space and a safety buffer.
And if you are in the bond market, you're in the commodity market, you've noticed this pattern.
And at some point you don't believe it anymore.
And obviously the longer that this goes on and the more tail there is, there's going to be on costs and economic consequences.
So I think that you have in certain markets, certainly each one is individual in terms of how they're digesting information and has different focuses.
But I think that they have caught on to, you know, every time we hit this level, this is what the administration says.
But we're not actually seeing an end to this conflict.