Patrick Bet-David, Tom Ellsworth, Vincent Oshana, Brandon Aceto, and Adam Sosnick cover the Supreme Court ruling in favor of Venezuelan migrants under the Alien Enemies Act, Donald Trump doubling down on tariffs as China vows to 'fight to the end,' and a new book claims Barack Obama's greed destroyed the Democratic party. ------🐶 THE VT PET COLLECTION: https://bit.ly/3RGNANG👕 GET THE LATEST VT MERCH: https://bit.ly/3BZbD6l📕 PBD'S BOOK "THE ACADEMY": https://bit.ly/41rtEV4📰 VTNEWS.AI: https://bit.ly/3OExClZ🎙️ FOLLOW THE PODCAST ON SPOTIFY: https://bit.ly/4g57zR2🎙️ FOLLOW THE PODCAST ON ITUNES: https://bit.ly/4g1bXAh🎙️ FOLLOW THE PODCAST ON ALL PLATFORMS: https://bit.ly/4eXQl6A📱 CONNECT ON MINNECT: https://bit.ly/4ikyEkC👔 BET-DAVID CONSULTING: https://bit.ly/3ZjWhB7🎓 VALUETAINMENT UNIVERSITY: https://bit.ly/3BfA5Qw📺 JOIN THE CHANNEL: https://bit.ly/4g5C6Or💬 TEXT US: Text “PODCAST” to 310-340-1132 to get the latest updates in real-time!ABOUT US:Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.
Chapter 1: What are the current global trade tensions involving tariffs?
I hope that, um, I hope, I hope that the United States and Europe, uh, can establish a very close partnership. We obviously are, there's an alliance already, but I'm hopeful that there can be a very close relationship with America and Europe. And I'm hopeful, for example, with the tariffs that at the end of the day, I hope it is agreed that
Both Europe and the United States should move ideally, in my view, to a zero tariff situation, effectively creating a free trade zone between Europe and North America. And. That that would be my that's what I hope I hope occurs. And also more freedom of people to move between Europe and North America, if they wish.
If they wish to work in Europe or wish to work in America, they should be allowed to do so. So now he says this, Rob.
Rob, can you do me a favor, Rob? Go online, type in Tesla sales by different markets, Tesla sales by different regions, and then just go to news. Go to Tesla sales by different, go to news, go to the third story, okay? Look at this here. Go a little bit lower, Rob. So just right there. Tesla sold 45% fewer cars in Europe last month compared to January of last year. You understand what 45% fewer?
That's not 4% fewer. That's not 10% fewer. So let's just say the stock does bad, but your sales are high. You're fine. It's not that the stock's down. It's the sales are down 45% fewer in Europe than last month. Then BEV sales grew by 37%. That's the China car. That's like a $9,000 car. Reaching a market share of 16.7%. And self-charging hybrids are Europe's favorite powertrain type with a 34.9%.
So Musk is sitting here. I think sales in China is down 29%, if I'm not mistaken. Europe, he's down 45%. And he's down in U.S. as well. So this is affecting a lot of people that are actual big businesses globally. They're concerned about what this is going to do with the tariffs. But even Musk – I'll read this.
Elon Musk publicly diverts from President Trump's tariff power, advocating at a virtual rally for Italy's Deputy Prime Minister Matteo Salvini. I hope that the United States and Europe can establish a very close relationship. Both Europe and the U.S. should move ideally, in my view, to a zero-tariff situation, which is what he just talked about here. So we'll see what's going to happen there.
And then he continues – talking about possibility of, you know, Peter Navarro on X writing a PhD in e-com from Harvard is a bad thing, not a good thing. And he aimed to build shit after Navarro defended tariffs on CNN, saying we're trying to do under the principle that the president wants to charge those countries what they charge us. So there's a little bit of a rift here with this situation.
So we're going to see what's going to happen there. Adam, you wanted to say something.
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Chapter 2: How did China's recent actions affect the U.S. stock market?
But at what point are you going to just... Buckle down and just say, I'm a smart guy. Let me play the long game and just start investing, because I've seen so many people do what you're doing and like, I'm going to wait for the perfect time. I'm going to wait for the there's no perfect time. There's no perfect moment.
If you generally started investing 15 years ago and gave up the day trade nonsense and just decade trade, you'd probably have tens, if not hundreds of thousands of dollars right now. So for someone like you, buy the dip now and let's see where it is in 10 years.
That's how you invest.
You think it's a dip? Here's what I know about the market. If you pan out, America, the American economy, S&P 500 always wins. If you follow day to day, here's what I guarantee. Just because I've seen this a thousand times.
Cool, Max.
Here's what I've seen a thousand times. Go macro trends for nine years. It was bloodbath a couple days ago. I guarantee you today is going to be green.
It's up back 1,300. There we go.
Just because I've seen this before. More is caught than taught. I used to look at the market every day. And when it's actually your money and not hypothetical woozies and floozies and woozies, you actually notice, oh, my God, I made 20 grand today. Oh, I'm down 18 grand today. I made 50 grand today. I'm down seven grand today. It's actual money.
And you actually learn how to invest in the marketplace. Without that, you're just talking about what ifs, what ifs, what ifs. So my advice to you is put some money where your mouth is. Put some money in the market and watch it grow.
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