Yes. Hello. Hello. We have, we have the man of the hour, the man of the hour spent. What's going on? All right. All right. I'm sorry about that, man. No, no problem at all. No worries at all. So yeah, welcome everyone. Welcome. F green. I know we popped in VV as well. And I don't know who hate. So, so this is basically just a call regarding the business cycle. I spent way to let me just meet you. She got some background was going on spent wanted to ask, I guess, and get some clarification on the business cycle. And maybe some other things as well we could cover. I've got a little bit of time on my hands this afternoon. So again, any questions you guys want to ask regarding, you know, the fundamentals, whether it's economic cycles, inflation, interest rates, feel free to ask and put them in the chat. So, and I can just try and go over anything that you guys may not, you know, understand or may need clarification. So with that being said, Spank, if you want to, yeah, just ask maybe, you know, your questions or a couple of questions specifically regarding, you know, the business cycle and what you want to just clarify, you can unmute yourself. And so for me, so for me, I'm like doing top down analysis. And, and yeah, I'll just, I'm always getting stuck up like, you know, I know it's not a, you know, 100% where we're going to be at in the GDP cycle.  Right. Okay, so it's, it's at the moment. And in this particular point in time, because I know you've got the background is going on one second. Yeah, thanks, Spank. Like, so the business cycle is what we know to typically happen and what has happened historically. Yeah. So everything in the, I guess in the fundamental PDF and the test in that year is based off of just what we know to be true about, you know, economics, historically. Now we're in a very strange time, right? This is one of the reasons why when we recently had the, the US go into a technical recession. Yeah, we had a, I guess the governing body. I always keep remembering forgetting what the, what the governing body are called, but basically I think they're called something, I don't know what they're called. Anyways, they basically declared the fact that we're not in a recession. Yes, technically, we've had, we say we, but the US have had two negative quarters of growth quarterly growth, right. And so, you know, but they haven't declared a recession and normally it's because of the fact that, you know, you would need I think unemployment and employment to also reflect what would typically be a recession. Now we've got the opposite, right? We've got low unemployment, you know, great employment, but we're in a technical recession. So it's almost like, well, where are we in terms of on the business cycle, right? And as you said, I'm glad you said, well, glad you kind of said it in terms of, you know, it's not perfect. And nothing ever is perfect. This is just, I guess, a template of what we should look towards, but also we need to be dynamic enough in our thinking to understand that, you know, expansions or recoveries don't always lead to expansions. If everything was that simple, then it would be fantastic, right? In fact, a recovery, yeah, can lead to a, you know, back to a bit of a recession. I wouldn't necessarily say bust or slump, but it can actually, you know, go back because we could end up falling backwards into a bit of a recession, right. We could fail, yeah.  So although, yes, we understand the cycle from the perspective of how it should operate and how economies generally do operate. There are times where, you know, there could be, for example, we go from a boom to a bit of a contraction, but then back to boom again, right? So we have to recognize where we are or potentially, or where we are, first of all, and then potentially where we are going to, right, which is really what fundamentals is all about. It's about future value and future projections. Now, everyone kind of knows that the, on the horizon is a potential, is a potential recession, right. We've seen it in all of the articles that I've been reading recently, if you have been reading them. So we've been seeing, you know, Europe potentially going into a recession, the UK going into a potential recession. The US potentially avoiding a recession or having a, you know, maybe into a light recession. I posted some things today. I think BlackRock was saying in their video that, you know, recession is actually, you know, quite unlikely, right. So it's almost like there's a fork in the road. So do we head into a recession, right? Or do we not? Do we continue to potentially, you know, grow and still recover and maybe go into the expansion phase, right? So into recovery phase or potential expansion or stay in a recovery expansion. And by the way, I think that some of these economic states are also interchangeable as well in terms of, you know, you could be in a recovery phase, yeah, or into a potential expansion phase. And, you know, for a little while, which then may sit and we may never really get to the boom phase. So we could see an expansion, but then we could skip the boom and maybe go straight into a potential contraction. Yeah, as well. So again, if this is not set in stone, it's not a case of, you know, we're going into six and we're going to go back into, we're definitely headed into a boom. That may not happen. That may not happen. Typically it does, but it may not. There are things that happen in life, right? And nothing is certain. So at the moment, it's, it's we're in this, we're in this strange phase where we've got potential economic slowdown. But what we don't have in that economic slowdown into a recession is high unemployment, which is what we would typically see in a recession and low employment. Yeah. So it's, again, it's a very, very strange one. This is the first time I'm living through something like this, or, you know, trading through it. And so what really is, you know, important in terms of what's more important, I guess, is actually, I think, understanding where we are potentially headed, rather than where we actually are. And it's obviously great to see where we actually are. But remember the market was always forward thinking. Yeah, it's always looking to price in. Yeah, what the value of a currency is based off of, you know, it's, it's the future. Yeah. So whether we, whether some, some people might, you know, assume that we're we over the past maybe a few months or years, we might have been probably in the expansion phase. Did we ever touch the boom phase with the economy?  If you go to trading economics, one second, you'll see what I'm talking about.  So if we go to a quick question. Yeah. So basically you're saying, I ain't nothing but saying basically, but you're saying kind of like we can stay in either phase for, for years at a time or maybe months at a time. Exactly. Exactly. We can stay in there. We can be in the expansion phase for years, right? We can, and we can never necessarily, you know, maybe reach the boom phase because the boom, we might, for example, plateau, right? We might be in a nice sweet spot where, you know, the economy is ticking along, but it doesn't necessarily like a boom would be, for example, China over the, you know, over maybe that, you know, since the 90s, right? Where you had that massive economic boom, that massive commodities boom. Did we ever, have we seen anything like that in the US or the UK over the past five, six, seven years? No, not really, right? We haven't seen that kind of boom. So, you know, we can be in that recovery expansion phase for a little bit, but we're not, we're not, what we're not doing is we're not trying to see where, let me put it this way. Although we need to see where we are, it's what's more important is where we are going. Will we continue to stay in this expansion potential growth phase of the economic cycle? Or could we see the go into the contraction, you know, bus, you know, recession bus slump phase? That is really what we're trying to trade. Yeah. So going back to what I was trying to talk about, so indicators, countries, United States, and let's go to GDP growth rate, right? So you can see, let's actually maybe take a bit more of a step step back, right?   And it's, it looks like it's just, you know, flatlining a bit, right? But within this, you would have had potential contraction, but we didn't actually go into a recession, right? You would think going to recession, then that could have been, and I remember correctly, you know, it was going into the recovery expansion phase, right? Because remember, to negative quarters, you need to negative quarters of GDP growth, right? It happened back in 20, I guess, 14 for maybe a period might have been a quarter or so. And then you had, you know, what would have been a potential recovery expansion, a bit of a contraction?  It's not like one thing follows the other exactly. Yeah, because the, you know, the Fed, the government are really trying to steer the economy as best they can. But you did have, and in this period, you have had periods of economic recoveries, economic expansions, and then maybe a bit of a contraction and then recovery again and expansion. And then we've had this where you had this massive, you know, dropping GDP. And then we had this massive recovery expansion, which I would hesitate to call it a boom, yeah? Because, you know, definitely the economy wasn't booming. And then we've had this period where, you know, the economy contracted again. And then, do you know what I mean? So it's, it's, it's, it's very, it's a very difficult thing to say, you know, to try and predict that we are definitely going into the boom phase from a recovery or an expansion phase. Does it, I'm not going to explain this, okay. So that dip in GDP was a risk. Well, no, well, as in, as in currently, as in this year, you're talking about spanking. No, the other dip, like the big 2020. Yeah, yes, that would have been, that would have, you know, been the recession, right? This is where COVID happened at the beginning of 2020. Yeah.  And then, you know, people being laid off and businesses were closing, et cetera, et cetera, right? And then we quickly recovered, right? The entire recovery phase really, really quickly. And then expanded, but then prices, you know, say prices, but GDP contracted again. And, you know, but what was most important was just understanding at every point where we were potentially going, when we were in this, you know, the recession and potential heading into the bus slump phase, you know, one of the questions was potentially, well, for how long, right? How long are we going to stay down here? Or are we going to go into the recovery phase? Or are we going to continue to stay in this recession, you know, and bust or slump phase? Again, nobody really knew. It took, I think most people by surprise, the economy recovering as quickly as it did, right? Nobody could have really seen such a quick recovery after, you know, an unprecedented global lockdown, right? So as we know, again, to consecutive quarters, right, of negative growth is considered a recession. And there was a recession in that period, but then we quickly expanded. So I guess getting to really the point in, you know, and to kind of wrap this up in terms of where, how do we trade fundamentals? How do I identify where we are? So let's do a, let's do a consensus, if anything, right? If you would say on the economic cycle over the past six months, yeah, over the past six months, or year, I would say over the past year, where you are, let's say, for example, over the US, you've seen this type of growth, a bit erratic, right? But, you know, a bit up and down prices, GDP has kind of been, you know, growing and then maybe contracting a little bit, etc, etc. Now, would you have said what phase of the economic cycle would you have said this is not necessarily looking at the chart so much, but just based off of your own experience in terms of, you know, unemployment, unemployment, you know, your personal circumstances and what you've seen in the economy over the past, you know, year, year and a half. What would you say has been where would you be in the economic cycle? Would you say we've probably been more in the recovery phase of the economic cycle? So this being, you know, bust slump, so we definitely weren't in, all right, let's do a process of elimination. Were we in the bustle slump phase of the economic cycle? Over the past two years? Does anyone, would anyone say, would anyone say that over the past two years, we were in the bustle slump phase of the economic cycle? No, Spain says no, I would say no, Vitaly says no, right, so definitely not. We definitely haven't been in the bustle slump phase since we had the rollout of the vaccine and people being getting back to work, you know, job creation, etc, etc. You know, we could never say that it was in the bustle slump phase, right? Would you say then we were in a recession phase? Were we in a recession phase over the past, you know, over the past two years? Did it feel like a recession to you guys? No, right, so then we just eliminate that, right? So we haven't had again, high unemployment, low employment, etc. Which then leaves a few, right? Were we really in, were we booming in fact? Would you consider the fact that, you know, we are in the, we were in the boom phase of the economic cycle? Would anyone can, you know, assume that over the past couple of years? Would anyone say that we were in the boom phase of the economic cycle? And maybe those who are old enough to maybe recognize a bit of a, a bit of a boom would be maybe something to compare it to would be, does anyone remember the period probably, you know, around just before maybe the housing crash of 2007, 2008, you know, where everyone was pretty much buying property and, you know, everything was lovely, right? We had just come out of the, I think, what was it called again, the dot-com bubble when everything was looking all right. And we were in that kind of rosy period. It might have been rosy for you, but, you know, for the economy. Does anyone remember that period? I would probably say that's maybe, you know, as close as, yeah, as close as an artificial boom, as you can probably, you know, call it, right? You can call it a bubble, you can call it a bubble, but would you then, would you still say we were, we were in more of a recovery phase or the expansion phase? That would feel like what the expansion phase was like. So if you compare that to maybe the past two years, yeah, since we recovered from COVID, does it feel the same as that? Does the last two years feel the same as, you know, maybe not exactly. I would say the same thing, Edwin. It wouldn't really feel the same. So it's not really a boom, yeah, which then kind of leaves really the options of recovery, yeah, expansion and contraction, right? So we've eliminated really the extremes. And we would probably say, you know, I would probably guess we were somewhere between the recovery and the expansion phase. That's where I would say where we were. And yeah, but QE made a lot of people spend absolutely because they had to, you know, support the economy and support businesses 100%. But to kind of identify where we've been or where, you know, over the past two years, would anyone disagree that we were probably somewhere between the recovery and an expansion phase, especially when you think about, you know, decent GDP and employment. Anyone would disagree with that? Or would anyone want to agree with that? More of a recovery. Yeah, I mean, yeah, either way, right? Either way, that that times it didn't look like we were, you know, heading into the expansion phase. Yeah, but everyone's pretty much saying probably more of a recovery phase. Right, brilliant. So recovery, stroke expansion, but more more in the recovery phase, right? So there we are. So we've kind of established now where we are likely and it is kind of subjective again to your life and where you are as well and how well you're doing in life, right? But overall, I would have said we were somewhere between that recovery going into a potential, you know, expansion at one point. Obviously, you know, the recency bias would suggest other ones, but over the past two years or at least year and a half, you know, we've, I think we've definitely been more in the recovery phase. Yeah. So that's where I would say we are. Now, what's more important, yeah, is understanding where we're going, right? Because we need to understand future value to get ahead of, you know, the market. So where do we go? There is no exact number to quantify. No, there isn't an exact number, unfortunately, and fundamentals don't necessarily work like that. It's more of, it's think about, I think more in terms of more of a trend in terms of looking back over, you know, a period of time rather than a specific number. That's what I would say. Because ultimately that's how you measure growth, right? It's over a period of time. So just look at maybe GDP over the past, you know, few, maybe a year or so, one second. Let me just do something. So you would probably look at, you know, the last. So for example, from January, yeah, look at from January 2021 to where we are currently. Yeah, this was, we had positive growth, 4.5, 6.3, 6.7, a bit of a dip, 2.3, 6.9.  If you can mute yourself, why can't I mute it? Right. Yeah, when you look at the actual data from, from, from say, you know, end of 2020 towards the end of 2020, the economy, yeah, was growing at a decent rate, right? It was actually growing decently. So again, when I say, you know, expansion, recovery, stroke expansion, yeah. Again, it can be a slightly subjective, but we definitely weren't in the other phases. We definitely weren't in the boom phase and we definitely weren't in the recession bus slump phase and we weren't really contracting in terms of, you know, consistent contractions. So yeah, expansion, recovery expansion phase. And now we've kind of, you know, gone into this recession phase. So it kind of feels, I guess, more that we're heading back into a recession, right? But looking at this over a period of time, I would have said, you know, expansion, recovery expansion phase. Now, we know where we are. Yeah. Where are we going? Edwin says, you know, almost expansion. Yeah, you can say almost expansion, maybe just recovery. But where are we going now? Again, just quick, I was just gonna ask, I was just gonna say, so we got the two negative quarters. But so I'm, so I'm guessing since unemployment rate is still, you know, tightening, I guess that's what that's why they're not saying that we technically in the Exactly. Okay. Exactly. You know, to know what as well, I want to find this. I don't know if anyone, I think, I think, I think, let me, let me just look for this quickly. There's a, there's a, there was a really good article where from Wells Fargo. Give me two seconds. Yeah. Give me two seconds. Let me just find this. I've got this group of screen. Typical. Somebody wants to join now. All right, let me just find this because I'm in the meeting now. I'll just, just do it. It was from, does anyone remember that article from Wells Fargo where it was talking about a recession I made a mental note to see if I could just save it. I'm sure I'll put it in the bank analysis for search and scroll up. Here we go. This is the one. Right guys. This is it. Everyone can see my screen. Yeah. All right. Brilliant. Cool. So this is, this was really important to read and I'll put the link, I'll put the link in the chat. Have a read of this bank and everybody. Because remember as well, like I said, I'm, I'm showing you what typically happens and as we know we're living through, you know, unprecedented times. So this is the first time I'm living through this as well.  But it's not so much, you know, in terms of you try not to think so statically about it and kind of think to yourself, you know, this is what should happen. In terms of the economy, you know, moving forward, it's, it's, you have to kind of vary and I use the word again, keep using it be a bit dynamic with it is just, is just follow along with what the banks are saying and doing more than what you would probably do in the textbooks. The textbook studio, a great foundation. And you should definitely understand that. And as long as you do understand it, you'll understand what the banks are saying. But if you follow along with what, you know, these guys are telling you, then it makes things a lot easier. One of the things where was it now it says it's basically in the summary was saying that even if GDP post back to back the clients so this was I think just before it did post back to back the clients the economy is not yet in recession, though we suspect it will be in six months so they think six months from basically by the end of the year. So because defining something as important as a recession is more than mere semantics.  Yes, we know to negative quarters, but a recession is more than mere semantics. Yeah, this report impacts the right variables to watch and introduces at a new glance, sorry, introduces introduces a new at a glance tool to get the next recession call right so they're just telling you instantly yes. The world knows that we've gone into to, you know, negative quarters. Yeah, but it's more than that because we understand the jobs aspect of things this is not a usual or a typical situation that we find ourselves in. It says to his two consecutive quarters of negative growth is one working definition of a recession, but it's not the official one. It's strange that because we just come to find out now. Yeah. So again, I think we were talking about them moving the goalposts and whatever it is. And yet they have right they kind of have moved the goalposts and I think they've had to in terms of what the definition of a recession is because, again, we're in very strange times very unprecedented times we don't have, we're not in what we would typically call a recession they're still, like you say, a type labor market, etc, etc. So they say that the definitive US recession call is up to the National Bureau of Economic Research. Yeah, so that's the the organization whose business cycle dating committee determines the start and end dates for each economic cycle.  I guess we would know about it anyway because we'd see it on Bloomberg and we'd read about it right. The committee considers a recession to involve a significant decline in economic activity that is spread across the economy and lasts more than a few months in quotations. The committee relies on six variables of monthly activity when dating an economic cycle which fall into our four primary categories production income employment and spending. So what is what we refer to as pies. In short, we do not think the economy is in a recession present. If our forecast is correct, this is not so much of a head fake, as it is a harbinger of worse to come as you are forecasting the economy to enter a mild recession early next year. So we've defined where we are. Yeah. The expansion phase where we're potentially going into a potential recession. Just wasn't a recession or what you know the the the National Bureau of Economic Research would term a recession, but we are definitely heading into what the contraction phase is what we are probably into, you know, right now and going into. So when we see again looking at the the where we were over the past, you know, few, you know, maybe a year or so we were in that recovery, potentially heading into that expansion phase. And now what's happened is, you know, the economy has gone probably back into the the contraction, sorry, that's a recession phase back into the contraction as we start to slow down to think about every, I guess the best way to look at this as well as to kind of look at every. I guess every phase of the economic cycle as having a, again, like a fork in the road or a juncture, we could either go into expansion, or we could go into. Even from the contraction phase, do we necessarily go have to go into a recession. Absolutely not we could go basically from a contraction. Yeah, maybe back into and skip the recession and bust slump phase, and actually go into a potential, you know, recovery. Yeah, or back into a potential expansion phase. Yeah, so each one of these can each one of these phases of the economic cycle. Yeah, has an option and I know it's not reflected on here and you know as as you know and it's a great question, which has basically made me kind of figured this out I wouldn't say figure it out on the fly too much but you know just understand it and maybe visualize it because I'm quite a visual person myself so whenever I'm thinking about things I tend to think about them in terms of you know how to visualize it. And so this is how I'm visualizing each of these phases is understanding yes we understand the basics of the phase. And then, as we actually delve deeper into the each, each phase, we can actually, again, go in from a recovery to a contraction, or a contraction to maybe back into recovery or an expansion, etc. I guess we are right so right now we are in that I would say probably now in that contraction phase and especially that's been I guess confirmed when we when we think about you know stagflation right stagflation what is stagflation is when you have economic economic contraction. Yeah, economic contraction and rising inflation. So stagflation fears are confirming to us that we are actually in the contraction phase currently we were in this recovery phase. You know, from COVID, we were in the recovery heading into potentially expansion that's obviously not materialized and we've headed back into the contraction phase with rising inflation, hence stagflation. Ken says I don't think we hit a hard recession. I think it will be mild yeah I've been reading that as well as well in the US that is you know in the US. I think the UK will hit a very hard recession unfortunately think we're going to be in.  The pound just get weaker and weaker. It does depend on the growth and the US will have some growth yet because Eric's I think the third quarter three, I think is expected to be in the growth phase or there's going to be some at least some economic expansion I don't know what the number was. In terms of that, I think if I remember correctly, does anyone remember seeing 0.3% or am I making that up? Does anyone remember seeing that number from a third quarter growth? I'm not too sure. Where do I think growth will come from? No idea mate. No idea. It's that something that I think is something that you if you want to get into the nitty gritty of it. No idea if you get into I think you can kind of maybe try and figure that out in terms of looking at, you know, will it come from retail? Who knows? Will it come from manufacturing sector? I couldn't tell you. I couldn't tell you, Edwin, where it may come from. All I do, what I do know though is that the forecasts from banks and the forecasts, you know, what the expectations are for the third quarter are for growth. One second. Let me just clear this and let me just go into the United States to second quarter. Don't you have the forecasts? I thought they would have had the forecasts by now. Okay, normally they would have had the forecasts for the third quarter. I guess we can look at it from, let's look at it. Edwin said same as last quarter from positive to negative. From positive to negative. It tells what it tells the third quarter. Edwin, forecasts keep getting advised. Yeah, I mean they do. They do. One second. Let me just go to the where I know just off the top of the head where there are some forecasts and I think ING have updated their forecasts. Right. So GDP growth, third quarter, so it was 1.9. This is what the latest, so it's the fifth, sorry, so they've updated their quarter. So they're expecting growth, at least in for the US and then 1.6, sorry, 0.6, 0.6. And they're expecting a potential, doesn't look like we potentially going into a recession in the U.S. is where is somewhere like the U.K. they expect a recession going into at least the first second quarters, France and Germany. And it's difficult because they haven't got, actually they do have the Eurozone. So they think the Eurozone starts to go to negative in the first and second quarters and stay in there for at least three quarters. Yeah, so ING are more positive on their U.S. economic cycle and the growth phase whereas Euro, they don't see Europe going into a deeper recession, they see the U.S. going into or actually avoiding a recession. So Ken says, so in the U.S. manufacturing, you're still growing, the services are slowing, which is expected after the summer. Also, U.S. is starting to manufacture things like chips, etc. Look at business confidence, yeah. And I guess for you, Ken, because I know you look at those things, that makes perfect sense. For me, for better or for worse, I really haven't looked into the nitty gritty when it comes to, I guess, the more micro side of things. I tend to take a top down view and whatever the banks forecast, yeah, and whatever I'm reading in the, you know, from the PDFs that we read and etc, etc. That's where I guess I get my information from. And I'm looking at maybe the bigger picture. So where growth is going to come from, however it comes, if the banks are saying that it's coming from somewhere, I'm just going to trust them. But if you do want to go into, you know, the details like Ken does, then definitely be my guest. Either way, you know, as long as we arrive at the same destination as far as we're both looking at the data from the correct perspective, and that data is correct. That's what I'm kind of more concerned with. Edwin says with high USD, it's hard to sell manufactured goods. It might be.  So one thing I've learned to do is just trust in the process and trust in the data. Are they going to be right all the time? No. Yeah, you could be right. The fact that they could and they could be wrong. But I would say for me, rather than in the way that I've always always approached it, but the way I've approached it for the last, you know, five, six years is just look at the bigger picture. And that's what works for me. Whatever the banks are forecasting for GDP growth. Yeah, I'm less concerned with the how I'm just concerned with the smart money and looking at all of these and the top and analysts have looked to all the data for me. And this is where these are numbers that they're coming up with. And I trust them. Reason wise, because if they're consistently wrong, they're not going to be in the job for too long.  And it doesn't matter whether they're right 50 50% of the time they're right and I can make money off when they're right, then that's what matters to me. So I try not to get into, you know, the meat and potatoes of it as far as all the details of it, in terms of, you know, where growth is coming from growth is going to come from somewhere. And that's what they're forecasting. But as I said, I know Ken does look at the, you know, manufacturing PMIs, etc. services. And you can if you want to but I personally don't feel there is actually a need to. Spinks says so GDP and jobs can tell us where we're headed. Next in the cycle from your understanding and yeah and it should. Right, because that's really what what matters I mean jobs is or should be and typically has been the canary in the coal mine I guess for the economy. Because of the fact that when you're heading into a recession, what should happen and what's happened, you know, for years gone by decades gone by right is that you should have rising unemployment. And low employment. If you start to see that trend, then you would think that obviously you're going into a potential recession because businesses are not hiring more people have got, you know, people got less money, less jobs, etc. But we've had the opposite we've had, you know, data go into the negative but we've had a really good labor market. So it's a very, very tough one, very tough one, hence the reason why Wells Fargo have then turned around and said, Yes, we've had two negative quarters, but in fact, there are other things that would determine, you know, us being in an actual recession. Yeah. And this article, if you want to, I would say definitely read this article definitely definitely we haven't read the whole thing, you know, properly but it's something that you know if you're interested in the the ins and outs. It's 100% important to to to read this it's all about production income, employment and spending. Yeah. So those are the things that you that we need to understand as to where and whether we are going into a potential recession or not. Plus I just let like I said I just ride the wave of the smart money. The smart money will tell me, right. And this on Bloomberg and quotes from you know the guys on pound sterling. You know those guys will say, you know what we're heading into a recession or not. And even if we are heading into a recession remember you always have you can't look at, or you shouldn't look at one country in isolation. Remember always remember this rule, you can't look at the US as it you know it just being in a vacuum by itself. Yes, the US could head into head into a recession. But then the question has to be asked well, even if the US is heading into a recession. Are the US, the worst out of the rest of the countries in the world, right or the countries that we trade. Is it worse than the eurozone is it worse than UK. Because even though we might be heading into a potential recession it might be a shadow recession right whereas, you know you've just seen here from the ING forecasts. Yeah, that you're seeing Europe potentially head into a deeper right and the US not heading into a recession. So the point being is that it has to you have to compare always compare countries, never never ever look at them in terms of just one, you know, just one country and what and what we're doing. What was it a comparison. So you said, if you think about, yes, those data sets of both influences of inflation which says at the, what what the federal do next absolutely. Absolutely because inflation, you know, the economy. I have to have one eye on the economy, as well as one eye on the inflation. And I did ask the question. I think a few weeks ago, what is the, what is this, what are central banks prioritizing are they prioritizing, you know, interest rates, leading to a recession or you know, I guess, you know, the economy going into a recession or prioritizing inflation because they know that by hiking rates, you could send your economy into a recession sooner. But central banks are prioritizing inflation, they have to because inflation is the bigger threat, which then means that if inflation is the bigger threat, then if you know they have to hike rates if they were prioritizing the economy, then they wouldn't invest as much, because they would obviously think to themselves, well, if we keep hiking interest rates, then we're going to head into a recession recession is something that we want to avoid. I think they know, they know a lot of central bankers know that they probably can't avoid a recession or they do. It's very tough to do I know Europe, pretty much it's a, it seems like a foregone conclusion that they're going to go into a recession it just depends on how deep. Same thing with the UK. I think with the US, the US still has there is light at the end of the tunnel as they call it, maybe a, they couldn't call it a hard landing or a soft landing. So yeah, so he said, you read an article saying that for the dollar to fall, you're asked to rise because it makes up 40% of the dollar, what do you think is very simplistic. That's a very simplistic, extremely simplistic loop. You know, it's like saying in order to see the moon, you know, you have to, the sun has to go down. Do you know what I mean? It's like, well, there's a lot of, you know, physics that go behind it, right? There's a lot of things that go behind that you can't just say, you're asked to rise for the dollar to fall. Yeah, it's like, I don't know, I don't know what to say on that article.  If Europe starts to grow, yeah, then alright, yeah, the dollar will be revalued in terms of because money will kind of, you know, there will be traders that will think that the euro, that the euro is cheap, because, you know, you have to revalue the euro if they start to grow. Yeah, if they avoid all the problems that they have, if you know, all the energy crisis, you know, inflation problems, if they avoid all of that, then you have to revalue the euro. Yeah, that has nothing to do with what the dollar is doing. The dollar could be growing still as well. The dollar could be doing the, doing the, you know, fantastic. Yeah, and I've spoke about this before, in fact, I spoke about this before, and when it comes to revaluing a currency, because let me see if I can just draw this quickly. Let me just zoom in one second. Let me just zoom in a bit. Right. If you have a situation where a currency is doing really well, let's just say, for example, that's the US dollar, right, and then you have a country that's doing really bad in terms of, you know, central bank policy, et cetera, et cetera. Right. And let's just say this is the euro. And let's say on a price chart, you see just, you know, the world's worst, you know, or best trend, depending on which side of the market you're on. If you're a technical trader trying to bottom pick, then it's the world's worst, right, if you're going long. But the point is, is that this is going, is being priced in a great dollar and a terrible euro. Yeah. Now, if the euro starts to have a reverse of the fortune in terms of their, you know, economically and, and monetary policy wise, yeah, this cannot this downtrend will not continue to happen. It doesn't matter what the dollar does. Doesn't the dollar can continue to grow and expand and go into the boom phase doesn't matter. The euro, yeah, will have to be revalued. Yeah, it has to be revalued. Because the euro was tells was valued down here. Yeah, based off of it being terrible. The euro is not going to have the same valuation if this is obviously price. And this is time. The euro can't have the same, same valuation, price wise exchange wise, if it's turning its economic fortunes around, it has to go higher. So, you know, the statement that said the article that you said, where it says, you know, the dollar for the dollar to fall the euro has to rise because it makes up 40% of the dollar what are they talking about what are you reading. You know, I mean, it's just like, it's just, it's just saying stuff for saying stuff. We know better than that. You know, I mean we're looking at what is happening economically, and then looking at that in terms of value. It's not terrible anymore. It's not in a recession anymore. In fact, they're recovering, going into the expansion, going into the boom phase potentially doesn't matter what the dollar's doing. This has to be now revalued higher. Does everyone understand that? That's that's just how it goes. And maybe, maybe it has to be context because I think I just read Vitaly said it was an ING something like euro making up 40% of the DXY basket. I'd have to read the article to be fair. I'd have to read the article. You know, if anyone can find the article and then I can kind of put it into context but try not to just read maybe I'm not saying that you did or you have or whatever it is. But when, you know, when reading maybe headlines or reading certain things definitely get, if you can, if you understand it, is, you know, read definitely the article in its entirety to get to give it the kind of context that it needs, I guess.  You know what I mean it doesn't it doesn't say anything. In terms of, you know, what what you should do in terms of, you know, buying the dollar, selling the dollar, etc. But those are my thoughts on it, though. And those are my those are my thoughts on that on that article, or what was what was said. That's not zooming out. It's going on here. Right. Um, okay, was there was there anything else you guys wanted to go over was it was did I also everything by the way spent I know it was a bit long winded we've been on this call for about an hour. Was there anything else that you wanted to ask or is there anything else anyone anyone wants to ask about, you know, the economy, etc.


I don't want to say I told you I could sell it, but I was hoping I could tell you I sold it Hey, Bolo buddies. Thanks for watching. All right, you guys in this video We're gonna talk about maybe not a Bolo in the sense the way I sold it, but a very very I Don't want to say I told you I could sell it But I was hoping I could tell you I sold it and guess what I sold it now I put the original video out 11 months ago, so it did take 11 months to sell So many of you probably would have passed on this item. I picked it up at the Goodwill Benz I have some video footage. I'm gonna show it to you now and then we're gonna talk about this Bolo item it definitely is a Bolo, but More importantly wait until you see it This is a Mr. Potato Head and he has on spider-man. So I thought that was cool I found some of these old flock things here All right, we got I don't know what this says Hinton I think it says Noel. Hopefully I have all the pieces again I was just throwing stuff from this box in my cart because Most of the stuff was pretty incredible There's the key So this right here is another one of the Gobble or however you say it, but look at this you guys I still bought it I think I can glue the head on it's an ornament and it's Lennox Disney I don't know if it's anything good or not, but how sad is that? It's like a teacup ornament. It's incredible This might be a womp womp, but All right, so you guys just watched the video if you missed that video I was in the Goodwill bins and I was there so long that I ran out of battery and after I ran out of My battery I found they brought out this cart with all of this Christmas stuff and normally at my Goodwill bins We don't get breakables So I found it and I was so excited that I went to my car I plugged my phone in to my car and I literally recorded from my shopping cart So I will link that video down below if you want to see everything I got that day Super super fun Goodwill bins trip, but anyway, here is the item that I sold and it is a Lennox teacup ride with Mickey Christmas ornament broken for repair now you say Courtney why didn't you just glue its head back on and I'm like well because I'm a lazy reseller and I probably mess it up But the head was there the body was there everything was there It was just broken. So this is probably a pretty easy fix as you can see I probably should have had my husband do it, but it seems like anytime I glue anything It always looks like a hot mess. So I just left it broken for repair you guys I still sold the item. I believe it sold for my full asking price. Let me just double-check here of $16 and 25 cents plus shipping. I'm trying to remember if I accepted an offer. I just sold it I'm sorry. I accepted an offer of $14 and the buyer paid shipping and tax so $14 probably had a buck or less in it based on weight So would you have taken the time to list this? Let me know in the comments, but more importantly, let's see if this item is actually a Bolo So I am over here on eBay and I am looking at the solds you guys Here is one that is a brand new in the box that sold for $28 Here is one that. Oh, this one's personalized So that's definitely going to be harder to sell because it says gene on it But it sold for $17.99 and here is mine that sold for $16.25 So I think most people would probably have one with a broken head Then one that's personalized. What do you think? Because you can't really erase the name but you can glue the head back on But let's go over here and look at the active listings And I know I know it's not really a Good comp until it's sold, but here are some of the actives I think personally that this person started their auction At $28 and they probably could have listed it higher at a buy it now and just waited for the right buyer But some people are just looking for the quick flip So here we go. Here are some current ones. It looks like there is a Mickey and Minnie. They've got it for $99 This one is for sale for 84 59 59 Here's one without a box. Oh wait. It says new in box. They took it out for the photo 59 So here is what I would recommend if you're going to do a photo and you have the original box Maybe put the box behind the item So that people know it has the box because I would look at this and immediately think it does not have a box Right here like this one. This is what I would do probably Um, here's one no box 50 bucks So christmas is getting close. This one is personalized So you can kind of just see the price points. Here's one right now at 1999 So do you think that the buyer? Um Do you think I did good 14 dollars? Are you surprised it sold? Would you as a buyer have bought one for say 30 dollars in the original box instead of paying 14 for a broken one? Let me know in the comments now. Let's go over to mercari Mercari does not have very many solds and they're a little bit different. I would say this one Um, well actually it says set of two. So let's click on that And let's see if it has mickey. So this has mickey and many And they sold it for 50 dollars So i'm feeling pretty good about my broken teacup that I got 14 dollars for what do you guys think? These two right here have both mickey and many but they're in like a little teacup And I think it's supposed to represent like a carnival ride Now let's look at items for sale Um, here's one for 35 And That's really it. So Mercari is a great place to look at sold prices because they do not have Buyers can't pay you automatically get paid when you sell something on mercari automatic payment Like they take their payment right then now you don't get paid until they get their item And they leave you feedback.  It's not like ebay where you have to sit and wait for the payment So if you're not on mercari, I definitely recommend it. It is great great great for selling And if you use my referral link down below to join mercari, you're going to get 10 dollars to shop And you're going to get another 20 dollars When you sell 100 dollars worth of items And I would say that Searching solds On mercari. It's a great place to look up comps also I don't know if you have to actually join mercari to look at solds or not. So something to think about All right, you guys just a short little video here To show you that broken items do sell could I have just tossed it or donated it? Absolutely. Did I make a ton of money? No, but somebody's probably really happy getting that item for $14 They're gonna glue that head back on and it's gonna look like a brand new item So let me know down in the comments. Would you have bought it? Would you have listed it? Or because I can't remember. I think I opened the packaging in the store. I'm pretty sure I did I unwrapped everything But man, I was just throwing those christmas items in my cart. They were amazing So check out that video down below. I'll link it and thank you so much for being here. Thank you for watching and Yeah, thanks for watching


Good evening YouTube team keep it clean What's going on is engraving here with another video and in this video? I'm on my way to work right now Doing a little extra Because every dollar counts But anyway Team keep it clean. What's going on is engraving here with another video and in this video I'm here to answer a question and a lot of people were more specifically Ravens fans been having on in mind This off-season It's a question that a lot of people been thinking about this off-season It's something that I've been contemplating a lot with this off-season But what that is is the question of What position the Ravens need the most What position is going to help this team the most What position is really gonna push this Ravens team in the right direction? What's that gonna be? Who's gonna help them get past the the hump that they got right now in the hurdle of even Making it not even making it to the Super Bowl or making it to the playoffs Because these dudes Ain't been making it to the playoffs They get close and close They keep getting close and close every year, but Close don't cut it But anyway Before we get into this, let me introduce myself Me I mean Graven vids This is my YouTube channel engraving vids and I'm a Ravens fan And even though I'm a Ravens fan on this YouTube channel, we talk Ravens all the time But we also just talk football period.  I know I'm sorry y'all can't see me right now my apologies, but I Am driving I don't want to drive with the lights on and it is dark outside So that's that But anyway Getting into the video Again, the question is What's the position That the Ravens need the most Is it a quarterback do they need somebody to take over for flakko because he ain't getting the job done anymore No Is it a running back is alice collins not trustworthy enough and they need somebody a little more explosive who can catch A little a little bit better that a backfield No Is it a fullback because ever since juice lift uh the position just hasn't been the same even though patrick card He did his thing last year, but we could have got better production out of our fullback position No Is it wire receivers because our wire receiver at wire receivers absolute trash last year But is that the position that we need the most? No, you know some would argue yes Tight ends do we even have any tight ends on the roster last year besides benjamin watson and he was even barely there It seemed like he got a lot of catches, but it didn't even seem like those catches even meant anything So could it be tight in Offensive line that we need somebody to block better for joe flakko and for The receivers to get open and tight ends to get open and running back to get space What about the defense the defense couldn't close out any games They or they couldn't close out when it mattered the most they fell apart time after time after time So is it a position on defense? What about special teams got the best kick in the league, but could we get somebody better? We got one of the better partners in the league who saved our season two Uh, and we got morgan cox too. He knows how to snap the ball pretty well There weren't any problems with that last year. So is it somebody on special teams? No Even sticking with special teams They got we don't have a kickoff a kick or pump returner. That's explosive. Could it be anything like that? No, so What could really be the ravens biggest need? What's the biggest need for the ravens this offseason? And I got to rename the title of the video because I asked what position But what I really meant was what's the biggest need for the ravens this offseason In my opinion And I don't even think this is an opinion This is really a fact on what the ravens biggest needs offseason is It's an attitude It's hard Because that is where the ravens lack the most It's what they have the least of They don't have what's up joe fleco. They don't have any heart They don't have any attitude the team It's just they just soft They're soft.  Whoa, that is a lot of people At the school, I don't know if y'all can uh Oh, yeah, I'm sure y'all be able to see Oh, you can't even really see how many people it is though, but there's a lot of people over there right now Wow, anyway, maybe we ain't got no heart, man They ain't got no heart They ain't got no attitude. Think about it. We can go. Let's go down to position. Let's go down this step chart flakko It doesn't got any attitude. No, but That's the quarterback quarterback ain't got to have attitude. It's nice when they do have some but That ain't really flakko's thing only time. Why see it really seem flakko get have some attitude Um, you have it now and then not it's not consistently though. If there's a really really bad call then he may run off at the mouth But the last time I really saw him get like heated It really brings us show some passion show some energy show show some attitude was when we played the saints um, but we played the saints Back in there quote-unquote bounty gate season And flakko threw the ball and he took a nasty hit way after he threw the ball and the refs ain't caught no flag or nothing Oh, I've never seen flakko get that man before And I don't think I did I don't think I saw it ever again But that's the only time I really saw I'm like, okay This is flakko But other than that, no he ain't shown none of that so we need that um So flakko, no alice collins Alice collins does what is it river dancing? Whatever kind of dancing it is. Um, so you know Love him nice player But attitude no buck allen. No woodhead. He can't even stay on the field to have attitude.  He's not on the field that much He's a fullback slash defensive tackle He's not on the field that much Um Who else we got? Oh white receivers mike wallace Mike wallace He can't catch good enough to have attitude jerry macklin clearly clearly needs some vitamin d He needs some milk, uh, because he can't stay on the field prism or his hands ain't good enough to have attitude If he got any attitude he must be with himself. Um I'm sorry for him. Um Hegel campanero his body speaks for itself. Um tight ends Benjamin Watson He's a Walter paid man in the year. He's not allowed to have attitude Um max williams can't stay on the field enough nick Boyle. He's too busy jumping over people having attitude so no, um Offensive lion marsha yonder Hey He's he's a national we need rick No, I'll say rick waggling ryan jensen He had a nasty attitude. That was a good thing. That was a great thing and this show He stood up for joe flacco. We need more players like that. That'll get all up in somebody's face But he's probably gonna be gone because he's a free agent And everybody always needs an offensive lineman and I'm sure he'll fit the bill for somebody and Just may be outpriced for the Ravens.  Nobody's scared of that defense. Nobody's scared of them They don't put no fear in anybody And they they shouldn't Because they're not scary but anyway I just got to work now So I appreciate y'all. Thank you for watching Hope you enjoyed Hope you liked the video. I hope I don't forget why I parked that because I never park over here ever so If I do a stream And I'm walking around outside of my job After I get off tonight y'all, please remind me that and Raven you parked on the side. You didn't park where you


Live from Las Vegas. It's theCUBE, covering Oracle's modern marketing experience. Brought to you by Oracle. Now, here's your hosts, John Furrier and Jeff Prick. Okay, welcome back everyone. We are here live in Las Vegas for Oracle marketing experiences, modern marketing experiences. This is theCUBE's SiliconANGLE's flagship program. We go out to the events and extract the signal from the noise. I'm John Furrier, the founder of SiliconANGLE, my co-host, Jeff Frick, general manager of theCUBE. Our next guest is industry author, president of Convince and Convert, Jay Baer, also VIP influence in our book. He's really well regarded, certainly an expert in this field. Welcome to theCUBE. Great to see you. It's awesome to see you as well. Thanks for being here. Great, we'd love to chat. Certainly do a lot of crowd chats to see you on there, laying down some great authority. You are at a unique perspective. I want you to share with the audience what you talked on the panel here at Oracle Modern Marketing Experiences. Because they're talking about modern marketing. You look at a lot of companies, you go to a lot of other events across the industry, compare and contrast what's going on here. First, talk about the panel, what was the highlights, and then what's the aha moment out of this event? Yeah, it was a really interesting panel that they asked me to do in the general session. They called it marketizing, the principle that most brands that have been around for 10 years or longer kind of come out of a creativity-driven, advertising-centric communications model, right? Let's reach our audiences by TV, by radio, by print, outdoor, all the things we used to do, direct mail even. And now we're switching over to this very digitally-centric, data-driven marketing model. But in a lot of cases, brands are still not ready to kind of converge those even inside their own walls. You still have the brand marketers doing TV, and then you've got the digital guys, like the people here in Modern Marketing Experiences, doing the digital stuff. And there's this collision course, right? And one of the things that was interesting in the panel is that Jim Cooper, who's an editor at Adweek, said, look, this is the beginning of the end as advertising as we know it. And that's a pretty heady comment to say, look, for a guy who- Is he coming from Adweek? Exactly, I mean, I'm like, whoa, let's make sure everybody heard what he said, right? He is at Adweek and says, this is the beginning of the end of advertising as we know it. So that was a really terrific opportunity to do a panel like that. We also had Abercrombie and Fitch on the panel talking about their sort of digital transformation and how they've used a lot of the technologies featured here from Oracle Marketing Cloud to kind of level up and do a lot of just-in-time, real-time, highly targeted, personalized kind of things. And I think that's the big takeaway for me of this show in comparison to the lots of other tech shows that I'm at and that you guys are at, is look, we've been talking about integration and customer journey mapping and all that stuff for a decade now, but I think it might actually exist. Like, I think- It's like scary. Yeah, it's like, you know, I heard about this giant catfish that lived by the dam and everybody talks about the catfish and now you're like, oh my God, I actually saw the catfish, right? You know what I mean? It's like Loch Ness Monster stuff going on. Yeah, I know. I'm like, floor, knocked out of my chair. And Oracle has a lot of muscle around it too, so not only is it Marketing Cloud, and again, this is, they've done their homework. They really had a mishmash with the M&A strategy, which was a good strategy. Portfolio looks good on paper, but Kevin did a good job. Kevin, I'll call it the GM. He basically made the data layer, the interoperable, horizontally scalable component. That is a winning architecture. If they can pull that off, they can still let the apps be personalized prepackaged with big data, highly differentiated. So that, if they can pull this off, it's a winning architecture. I couldn't agree more. I think the acquisition strategy has always been sound, but they're not the only one at the Marketing Cloud that has a pretty sound acquisition strategy. But at the end of the day, it's can you integrate it across pieces, right? And if they can do it the way they demoed it, then what you're going to see is an average customer buying more and more of the different pieces of the Marketing Cloud, which then opens up all the app ecosystem. And all of a sudden now, you've got an enterprise customer for life because the switching cost gets too high. Yeah, and that's what they talk about. We just had Catherine on enterprise customer, a customer for life is their mantra of course. That's the way they price it too. So you got to give Oracle credit for that. So they're really good at pricing and keeping customers for life, whether they want it or not. But you see them being more open. But I got to get your take on the openness with the ecosystem. And I also want to get your take on how this translates into the operationalizing of it. Are people in this transformation, new world of digital, everything enabled? Who runs this stuff? Are people ready to run the catfish that we saw? It's like, oh my God, it totally exists now. Now it's a process of how do you budget for it? How do you get the cash? Who owns it? Who runs it? What's the roles? Yeah, I couldn't agree more. And we've actually, we've almost done an inversion, right? So for quite a while we fretted a lot about the software side of it. Like we want to be able to integrate, we want to be able to have one login, we want to be able to do all these things. And now we actually can do that in some cases. And now the question is, okay, great. Now what we've been promised actually is real, but who is the person pressing those buttons? And that's one of the things we've talked about on the panel, is that the skill sets required to do this, like day to day in a company, are not skill sets that a lot of marketing teams have. You're talking about serious data science, real time analytics that also has to have a layer of creativity on top of it. And a lot of marketing teams just simply don't have that in their org chart. So where do they find it? Do they, do they pull it out of their own IT people? Do they, do they cross train marketers to be data scientists? I mean, I think that's a dubious proposition in some cases. Do they go invent some new job title that says, okay, this is, these are the people who make these marketing products work? They had to grow their own. Like a webmaster was in the early days of the web. So I certainly see that, but that's going to take time to grow your own. Of course, years. But I got to get your point on this. The short-term answer would be agency. And I want to get your thoughts on this because, one, agencies are under siege, and two, boutiques are popping up, but they're popping up with the kind of like the PR perspective, the social media.   Yeah, I think there's a real opportunity for specialty agencies that can operate and strategize an actual marketing cloud to say, okay, our specialty is Oracle Marketing Cloud and we can make it sing where your guys will come in, set it up for you, and then train your people how to do the basic stuff. We'll handle the mid-layer stuff. There's a huge opportunity for that kind of consultancy and not just for this cloud, but for all the different clouds. I think that's what we're going to see. Yeah, and that's going to be a new expertise. Yeah, and really developing that expertise.  Social media management, the same thing.   You're the young guy in the team. Right, you grew up with this stuff. So here's the logins, right? I mean, for lack of a better option, that's what happens. Well, I think as commerce moves into this social realm and this new digital progression, is it's end-to-end now digital. So you've got legacy systems, which should be abstracted away with cloud and DevOps. Now you have the social media managers, which I believe will turn into social business analysts or SBAs, like a DBA is for database, you're going to have now a new role to administer, essentially what I call the digital airport. Planes are landing, different payloads. You got radar, listening engines. Where do we put it? We put it on Snapchat. We put it on Instagram. We create a blog post and make a video. What do we do? Where? How? How do we trigger an email? All the stuff. And then Amazon shows the way on spinning stuff up. So I think marketing will be spinning up spot campaigns, like, hey, something just went viral. Hey, fire everything at it. So I think this brings up a mindset. Like, who pulls that off one in the tech to do it? So I think Oracle's showing me that they could probably do that. The CMSs need to be re-evaluate work. But outside of that, who does that today? Yeah. And who's got the budget for it? So again, this is an operational problem. I don't think people are ready for it. Your thoughts? I completely agree. I think the budget will get solved, because it's mostly a human capital issue. And I think it will be a marketing budget. We're going to add more data-rich marketers to every marketing team. And already, we do a lot of consulting in this area for big brands on deep social strategy and marketing integration. And the ones that are the best at it today are the ones that are the most data-centric. The ones that are not saying, well, this seems like a fun piece of social content, but the ones that are using real testing, real optimization, real data to say, this is the right message at the right time and the right place to the right audience. The same kind of things that all of this makes real. What are your customers telling you? What are you guys doing? I know you do a lot of great work with some of your clients. Share some things that you're doing that are working for you, where you're winning, where you see success. Well, it's funny. You just talked about this sort of org chart problem. That's a lot of what we're doing lately is big brands come in and say, look, we've got a sales team. We have a content team. We have a social team. We have a social customer care team. We've got all these people who are kind of bumping up against one another inside the organization. How do we sort this out into a coherent team that actually can all work together? So one plus one equals three. So it's funny. We're doing a lot of sort of process and role mapping consulting for big brands to help them figure that out. And then even inside that sort of the things that we're specializing in right now is this confluence of marketing, digital marketing and digital customer service. Huge, huge question. I got to ask you a question because this brings up a good point about technology getting ahead of yourself. So I was talking to a customer, I won't say their name, big, huge multinational global company, missed the ball on a lot of opportunities because they were caught in sprinkler training. So there's a danger to training too early and sprinkler is a tool out there and that had promised a lot of stuff and it does a certain thing well but they got all trained on as the holy grail. And then they, oh my God, wait a minute. We have, now new things are popping up, new tools. So the new tool tsunami is coming out. How do you see people solving that problem? Because that's the fear.  Now you got to unscramble the omelette. I got to unscramble. Absolutely. Yeah, it's really hard. And what's fascinating is you've got a pretty decent set of stacks now that have good functionality up and down. But now you've got this whole, and it's like many of them just surrounding us while we're sitting here, this whole new ecosystem of what would considerably, generally speaking be called a point solution but are really good stuff that you don't have inside this general thing which is why this app environment is so interesting, right? You can actually sort of get best of both worlds in theory. Let's buy into this cloud, buy into this stack but then have access to all this cool stuff on the outside which keeps that fresh, right? So you're not bought into a legacy system that ages and decays. You're bought into a legacy system that actually grows and optimizes with you. That's really interesting and that's so different from the previous generation of CRM systems and things like that where you bought it and then it just sort of grew old in front of your eyes. Jai, you're going to be busy. President of Convince and Convert, you get a lot of, I'm sure more clients are going to be coming in, New York Times bestseller author, great guy to follow on social, great expertise. Thanks for sharing. Thanks guys, good to see you. Thanks for being here. We'll be right back with more Cube. You're watching theCUBE, we'll be right back after this short break.


Hey guys, so I just got home from work. It is Saturday and we are going to do some chores with the pets today Like you guys are crooked Is that better? I Feel like that's better So I wanted to talk to you guys and give you an update about Mikey and his ear issues and kind of just the bunnies Ear issues in general I get a lot of questions on some of my older videos about Mikey and why he has a head tilt And if he's okay and everything like that So I did want to talk about it and just do like a current update on all that stuff So first off just really quick background. It's been a long journey with his ear issues But basically when I adopted them from the Humane Society They told me that when Andy and Mike were rescued because they were like found abandoned and rescued They had ear mites so bad to the point where their foster mom actually didn't think they were going to Make it she thought that they were gonna have to put them down because their ear mites were just so bad Which obviously they didn't happen and they pulled through since I have them But it has left them with some lasting damage and issues with their ears So Andy's isn't really that bad He has one ear that is like kind of deformed if you look at it And the vet thinks that he can't hear out of one ear probably because it's just has a lot of scar tissue And that sort of thing But with Mikey it didn't seem like Mikey had any Visible lasting damage if that makes sense like maybe there's some stuff going on inside his ear But when we adopted him he didn't really have any issues at that point. So I adopted them in August of 2018 I think I think August of 2018 and Yes, and in October of 2018 I was actually traveling for work and Pig dad told me that Mikey seemed like he wasn't Feeling very well. He was being like Really tired. He didn't want to eat that much. He was a little like off balance and just didn't really seem himself And he's definitely like a mama's bun is what we call him because he's like very attached to me And whenever I am traveling he does pout He's too smart for his own good. Sometimes he's sitting right over here. That's what I keep looking at. So I think he just like Got upset and was pouting that I was out of town and because of that it Kind of enabled an ear infection to take hold. So he did have an ear infection at that point He had we took him to the vet. He had a yeast infection. We treated it We gave him ear drops and antibiotics and all the things that you do for an ear infection to try to get rid of it And it worked He he did have a head till I forgot to mention that he had a head till at this point because that is a symptom of an ear Infection it throws their balance off. It can give them a head tilt. So he was like off balance He was tilting we did all the treatment and he was back to normal for about a week at that point And then he tilted the other way So we were like, okay, it just moved from ear to ear. We'll treat it the same way. Whatever Nothing worked. Nothing that we had tried before worked. We treated him for e-cuniculi just in case which is like a parasite We treated him for mites. We gave him antibiotics. We tried all these different things My vet at the time was like, I don't have anything else to try She had done all this research and stuff and she didn't really have anything else that she knew to try So she referred us to a specialist We actually went to a more specialized vet, but it wasn't actually like a rabbit specialist We have another vet that's about two hours from us that does all of our like surgeries She's very like certified in small companion mammals.  So I took him up to her He did Medication again, he did mechanical massage therapy. He did cold laser therapy. He did acupuncture Like they tried all these different things and it just really became Too much for us to drive up there because it was two hours away It became too much for us to drive up there every two weeks for this stuff And it really wasn't having any effect like nothing was changing. He wasn't acting any different like he sold his head tilt so All of that happened and in between these we were giving him breaks from being on the medication Because it just is hard on him to just constantly be on medication It's hard on his stomach to constantly be on antibiotics that sort of thing So in between these we were giving him like two to three months of a break before we would take him to the vet again So took him to the first vet Gave him a little bit of a break took him to the second vet Well, then we gave him a little bit of a break and we were planning on taking him to a third vet and then the pandemic hit So you guys can tell this has been an ongoing thing since the end of 2018 So me just being you know a pet owner I just felt terrible the whole time because I'm like I don't know if like This is an active ear infection that won't go away Like I felt terrible that if he was in pain we couldn't figure out what it was He was on pain medication for quite a while, but they can't just be on pain meds, you know Indefinitely, so we were doing I mean we're doing everything that we could everything that was reasonable and made sense to try for him and Then the pandemic hit nothing really like vets offices were open, but For a while it was mostly for emergencies and I will say through this entire thing He's never acted different like after the initial dizziness and in the not eating and everything in October of 2018 Once we cleared that up all that he's had is a head tilt. He doesn't have any other symptoms. He eats fine He runs around he jumps he binkies he Everything is fine like his poops are normal everything about him as normal except he has a head tilt So we took him This past month Everything is more open. We we still can't go in a vets office, but we've taken him to a new vet I got all his old vet records I wrote out step-by-step exactly how I take care of them what they eat all of that stuff I wrote that out and I sent it to her ahead of time She had all the old x-rays all the old test results the list of all the medication we'd been on and She looked at them Thought they had a yeast infection in their ears both of them actually So we put them on Fin Bendazole, which is a like anti parasite antifungal Which Mikey actually had been on before because that's what we used to treat for e-cuniculi so we put him on that for 30 days and they also both got Solomectin, I believe it's called But it's basically like The stuff that you put on it's basically like revolution or Ivermectin I don't know what the active ingredient is of Solomectin But it's that it's for like fleas tics mites all that stuff in dogs and cats So the vet gave us the correct dose for them as them their bunnies So we got the correct dose they are getting the second dose of that actually today this weekend So that was really to make sure they didn't have any mites or parasites or anything like that And the Fin Bendazole was like more of an internal treatment, you know, so we've done that They went back to the vet last weekend actually for their follow-up appointment and she said their ears looked clear They didn't have any signs of ear infections in their ears anymore We finished out the medication just to be sure that anything that was left would get cleared up Like I said, we're doing the second dose of the topical medication today because it was The first dose and then you gave the second dose after 28 days, so we're doing that But other than that from everything that she can see on them They don't he doesn't have an ear infection Mikey doesn't have an ear infection Andy doesn't have an ear infection So as far as she can tell as far as things are showing to her He doesn't have an active ear infection anymore. He's fine He still has a head tilt which at this point we expected I'm not so much worried about getting rid of his head till I just wanted to make sure that he wasn't in pain and had an active infection So at this point, we're done with this problem Which is crazy to me because I've just been dealing with this for like three years that I just Didn't know if there was going to be an end to it But as far as she can tell she's confident that everything's been cleared up or will be cleared up when we finish the medication and That he doesn't have an active ear infection He's not in any pain and that his head tilt at this point is just permanent because there's just been damage to the inside of his ears and Like I said, they did have those ear mites that caused lasting damage. So it could have been Just the ear infection caused more scar tissue or inflammation to the point where it just Put it right over that edge to give him a permanent head tilt. But like I said, he acts perfectly normal He's a happy bun. He has a great quality of life. The head tilt really doesn't affect him anymore I'm just excited to have this no longer be an issue not have to worry about him having an Infection or being in pain. So that is an update on Mikey I really just wanted to share that with you guys since a lot of people that are new to my channel Wanted to know why he had a head tilt and what was going on with that So there's just a there was probably a little bit long but that could have been way more in-depth and there was kind of the quick summary overview of Mikey's ear issues for the past three years. So I just wanted to give you guys a quick update on that today I did want to talk a little bit in this video about My animal rescue plans status update, I guess I did mention in my last kind of like chatty update video that my life goal is to run an animal rescue and I've kind of come to the point in my life where I want to start taking steps to make that a reality Obviously that is a huge undertaking. So that's gonna be something that takes Years and probably like probably years and years to get started because it takes a ton of money and resources and time and all of that But I figured if I don't start now that I don't know when I'm really going to start So the first thing that I've done at this point is start this YouTube channel I want to do some more vlogs and that sort of thing to kind of keep you guys in the loop and updated on What I'm actually doing to get the rescue started Again, it's gonna be a years and years journey, but I figured starting now I can chronicle the very base steps that I'm taking So what I've done at this point started this YouTube channel. It's almost monetized We're so close you guys last time I checked I needed like 60 more watch hours and like I think I'd 942 subscribers So if you're unfamiliar with how to get monetized on YouTube you need 1,000 hours and no you need 1,000 subscribers and 4,000 watch time hours within the past year and I am really really close to hitting that once I get this channel monetized The money from that is going to go to taking care of my pets as well as helping me build the foundation and all of that to Start my actual rescue. So this is definitely going to be a big part of making that happen So I really appreciate that you guys watch my videos and comment and all of that The other thing I've done at this point. So I pretty much have only done two very basic foundation things is I actually purchased the website domain that I'm going to be using for my animal rescue website and Obviously, I'm not going to build the website or anything at this point because we don't actually exist as a rescue but I wanted to get the name that I wanted for the website and You have to pay for a domain on a yearly basis So it's kind of one of those things that every year when that amount comes due It's just gonna be that little bit of you know, like not pressure But like that little bit of a reminder of like what progress have I made? Can I be doing more to make this happen? So it's kind of just like a motivational thing for me and it only cost $12 a year so it's not like it was a huge investment, but That's something exciting that I did that I just decided to jump right in So those are just the two exciting things that I've done so far started my YouTube channel and it bought that domain name so Hopefully I can make this happen in the next few years and I'm just gonna chronicle the whole process here on this channel So make sure to subscribe if that sounds interesting and if you haven't already I really appreciate I really really Appreciate that all you guys watch my videos and comment and tell me about your own pets So I have really enjoyed having the channel so far. So please if you do enjoy keep doing that I love talking to you guys something else I did want to talk to you guys about in this video is just my uploading schedule So you guys probably know if you are familiar with my channel that I usually upload new videos every Friday I'm going to continue doing that. Let me know if that works for you guys I thought about moving it to Monday, but I'm not positive yet So as of now it's going to be uploads on Fridays I am for the foreseeable future going to try to upload a second video on Tuesdays and the Tuesday video is going to be like a vlog video like this like a vlog or cleaning cages or Just something a little bit more casual and then Friday is going to be my you know sit down and Do something educational or show you guys something My more like high production videos. So let me know what you guys think about that I'm not gonna promise a second video every single week because I have a really busy job And I'm going into the busiest time of year So I'm gonna do what I can but just wanted to make you guys aware of that That is kind of what my upload schedule is going to be for the rest of this cup But the next couple months at least hopefully the rest of this year


I'm Miranda Khan. We begin this special report with some breaking news, sad news right now. Former President Donald Trump's first wife, Ivana Trump, has sadly passed away at the age of 73.  The family has released a statement as well as President Trump basically saying this, from her sons, which is with deep sadness that we announce the passing of our beloved mother. Our mother was an incredible woman, a force of business, a world class athlete, a radiant beauty and a caring mother and friend. It's believed that she died of natural causes or reports that a call was sent to Manhattan in regards to cardiac arrest. President Trump saying I'm very saddened to inform all of those that loved her, of which there are many that Ivana Trump has passed away at her home in New York City. Our sincerest condolences go out to the Trump family. We'll continue to follow that. In other news though, we're going to start things off in this special report with your money or should I say lack thereof because let's get real, that's the number one issue that's affecting all of us. As you already know, just top 9% for the first time in 40 years this week and most of you are wondering how much longer will all of this last? Well, it's hard for anyone to tell when the White House can't seem to acknowledge it, let alone take any ounce of responsibility for you having less money in your pocket. Case in point, here's part of a statement that the Biden administration put out in regards to that number basically saying quote, today's data does not reflect the full impact of nearly 30 days of decreases in gas prices that have reduced the price of the Pompeii about 40 cents since mid June. Those savings are, it goes on to say, are providing important breathing room for American families and other commodities like weed have fallen sharply since this report. Well, President Trump, you knew he was going to seize that moment and he did. He went to his own social media platform, true social, saying this inflation just said another 40 year high of 9.1%, which is terrible for our country. He says fuel prices are up 60%, airfare 34. How can people survive this? How can businesses survive this? Our country is so weak right now because of the radical left. Democrats have no clue what they are doing. All they want to do is get Trump and they are willing to destroy our nation to do that. Joining us now to weigh in on all things your money. I want to welcome in our beautiful and talented panel for today's special report. We have Turning Point USA contributor, host of Freedom Papers. Morgan Zegers, good to see you. Thank you. Also with the CEO and founder of Stock Swoosh, Melissa Armo, good to see you as well. And yes, and consultant also joining us. Caroline Winchester, thank you so much ladies for joining us. It's a pleasure. Yeah, thank you. So this is a response to an inflation report that came in at nearly 15% higher than when Biden took office. So I don't need to tell people this, but you know, eggs cost 33% more than they did a year ago, coffee, which I live off of, which many Americans do, up 15% meat products are up double digits, airfare for flights, 34%. Never mind the huge spikes in energy prices and Biden's messages. I'm sorry, but those numbers are out of date. It's not that bad. Melissa, you study the numbers day in and day out. Not that bad. I think the administration is trying to put a good spin on it because the price of gasoline has gone down a few pennies in the last month. But ultimately, I expect that prices consumer goods are going to continue to rise. And I think we've talked about this before, Miranda. I don't think the real number is anything that they say because they take an aggregate of many different products. The reason that so many things are costing more, like we were talking about food, butter, milk, eggs, everything that we buy is because how does it get to the grocery store? How does it get to your home? Even big items like wash machines and if you need a new stove, things like that. It gets to your home in a truck. It gets to the grocery stores in the truck. Something that comes into New York City, I live in Manhattan, is delivered early in the morning. These big, massive truck trailers that come in in the morning and diesel fuel has gone up so much. I mean, it's almost like double in the last 12 months. So there's a surcharge for that. And basically, companies are passing that down onto the consumer and that will continue to happen until we get improved gasoline and diesel prices. And unfortunately, this administration just isn't pro American energy. Melissa, I have to say, you did get it right there. What I think is interesting is they seem shocked by the rising numbers. And you've said for months now that you don't think the numbers are accurate. That they're way higher. So kudos to you. Yeah.  Why do they seem to be so off the mark there, if you will? I mean, we've heard from the Fed there that they seem, oh yeah, we might have missed the mark there. And then here again, they missed the mark. And then when they do, they're kind of downplaying it, saying, well, the numbers aren't really right. Are the American people buying it? Yeah. You know, thank you so much. I really don't think they are. And I feel like I talk to business owners, regular American people every single day. And not only is everything at such a high price, much, much higher than it was just two years ago, even through the worst of a pandemic. There's no staff. I don't know where everybody went. But not only are things so expensive, but our services are worse. You can't, restaurants don't have wait staff, grocery stores don't have people selling shelves. It's so bizarre. Yeah. Melissa, try me to hear, because I know you and I've talked about this before. They keep saying unemployment's down. And then it's kind of confusing because inflation's really high. And then we're still seeing businesses struggle to hire people.  Well, here's the problem. A lot of people have left the workforce, and they're not accounting for that in the unemployment number. And really the unemployment number, we're just back where we were before COVID, before the pandemic. So even if you keep trying to put a positive spin on it, I get it, saying we added these jobs and we're at low level in employment. But their bottom line is our low levels of employment. But the bottom line is that, you know, we're just back to where we were. A lot of people left the workforce. A lot of people are deciding not to go to work now, which is a problem. And hey, I'm a great consumer. I love to buy things. I'm a shopper. I don't, I want good customers. You and me both. I call, I call on the phone. I don't want to wait on the phone for two hours for somebody to answer a question for me. If I go to the store, I don't want to wait in line.  They can't get the people. I mean, I don't understand. Like they figure well, it's better off to just stay home and live off of subsidies, but it's not going to last. And the prices of things keep going up. And again, you've got to go out and work. You've got to work hard if you want to make something out of your life. I think it's crazy during COVID. And that was the problem. Well, I want to just, you know, according to the Heritage Foundation, just to kind of put some of these numbers in perspective. And Morgan, I want you to weigh in. So the average American worker, you know, when we talk about this rising inflation, 9.1 percent, had to lost, you know, about $3,400 in annual income and for a family, well, then it's like double that.  But what has a lot of people confused, Morgan, at least I'm confused. And I'm sure a lot of real Americans, patriots that are watching this show are a little confused. You have the Biden administration selling, you know, barrels of oil to China and working and begging OPEC multiple times to increase foreign oil protection. He's obviously going to be meeting with Saudi Arabia's prince. It's a little it's a little confusing. Are you confused by all of it? I am not confused. But unfortunately, a lot of people that are on the later end of the millennial generation and especially Gen Z, they're very confused right now. So there's a few things here.  My home's in Texas, and I thought it was pretty hilarious today when I got a quote because my microwave broke and I got the quote for how much it would be to replace the microwave and then have someone come and install it. And I actually looked at the number and thought, maybe I just don't need a microwave right now. And so I confronted with this like, whoa, whoa, whoa. This was never something that I could put into my budget. And when you look at these kind of numbers of this 3,000 that we just saw, what's really crazy to me is there's a staggering amount of Americans that don't even have $1,000 in their emergency savings for something really bad that could potentially happen. And now we have these experts in Washington, D.C. that were telling us for the longest time, don't worry, this is transitory. Oh, wait, now it looks like you're going to need about five to $6,000 saved up to deal with inflation. Now, back to that point of confusion, a lot of young people have been sold a lot of lies over the last five or six years as they've entered politics. They've really only experienced President Trump's presidency and we had a great economic series of successes under him. And now we're facing economic downturn. And for the first time, it's no longer just talking about gendered pronouns and transgender issues and all of these crazy woke things that we're talking about relating to culture, but young people that lean to the left are finally having to face what it's like to deal economic downturn. And I think it's really up to us to explain to them why we're struggling so much and not let the left dictate the conversation and put out distraction propaganda. And you brought up that thousand dollar figure. I mean, most Americans on average are spending what, $500 more a month. Melissa, people don't didn't just all of a sudden get a $500 a month race and that doesn't, you know, take into account at some places or even dealing with higher prices, you know, we were talking about 14 and a half percent when it came to rent in some places like in the home state where I live, Florida, it's up 60 percent. That's pretty tough for some people. Ladies, I'm going to ask you to stick around. And I also want to let our viewers that are watching right now to weigh in on this conversation. Join the RAV family. This is about you. We want to hear how you're managing through all this.  What are you doing? What are you having to cut back on? What are your thoughts on this? You can do so by finding us at Gitter. Join the RAV family. All right, we are going to be right back with our panel. Still had a story that just literally sent shopwaves across the nation and has Americans' stomachs for obvious reasons and not. We're going to discuss that next.


Hello and welcome to the session. Let's work out the following question. Let's say, drop a line segment A of 8 cm, taking A as center, draw a circle of radius 4 cm, taking B as center, draw another circle of radius 3 cm, construct pendants to 8 circles from the center of the other circle. So let's now move on to the solution, construction and we'll write the steps of construction side by side. First step is, draw a line segment of A of 8 cm. This is the line segment A of 8 cm. Now the next step is, with A as center and radius 4 cm, draw a circle. We have drawn a circle with A as center and radius 4 cm. Now the next step is, with and radius 3 cm, draw another circle. This is a circle with center B and radius 3 cm. Now the next step is, particular bisector of A of B, which intersects A of B at home. Now the next step is, center and radius equal to 2 O of B, draw a third circle and radius equal to O of A is equal to A of B at the point B and Q. Now A is the external point for the circle with center B and B is the external point for the circle with center A. Now the next step is, are the required tangents to the circle with center B. Similarly, join BP and BQ then and BQ are the tangents to the circle with center A. So we have joined AM, AM, BP and BQ and these are the required tangents. Now we will justify that these are tangents to the circle that is AM, AM, BP and BQ are the tangents. For that we will show that line drawn from the center of the circle to the tangents is perpendicular to the point of contact. As we know by theorem that tangent at any point of a circle is perpendicular to the radius through the point of contact is equal to AQB is equal to 90 degrees. And similarly angle BMA is equal to angle BNA is equal to 90 degrees. So angle APB is 90 degrees because it's an angle in semicircle of this circle. Similarly angle AQB is also 90 degrees that is this angle and this angle is 90 degrees because these are the angles in semicircle of this circle. So here we have APB not APQ, APB similarly angle BMA is 90 degrees and BNA is 90 degrees. Again these are the angles in semicircle so we will write the reason. Angle in a semicircle. Now since APB is 90 degrees, AQB is 90 degrees therefore AP is perpendicular to BP, APQ is perpendicular to BQ, BM is perpendicular to AM, BN is perpendicular to AN. Angle B is perpendicular to BP, AQ is perpendicular to VQ, BM is perpendicular to AM and BN is perpendicular to AN. That means the tangent at any point of the circle is perpendicular to the radius through the point of contact are the tangents to the circle with centre B are the tangents to the circle with centre A. So this completes the question and the session. Bye for now. Take care. Have a good day.


And we have a fear that if I'm really who I am, will she still love me? Will they still love me? The truth is they'll probably love you more and the truth is they'll probably be inspired by the courage it took you to become who you really want to be. But it's not without difficulty and it's not without pain and loss and suffering, but that's okay is what I'm here to tell you. That's a price that's totally worth paying to come home to yourself, to your authentic self.


So after a very spirited display from the last night of anything is it is a case of what might have been really? Considering how you know how much involved we were in the game. Yeah, I think from the first four minutes to the 88th minute It was a good display from us couldn't get the goal a lot of our approach plate was very good Goals obviously important and then it the phobias scored two tonight, which separate the team because Say Yeah, it's a bit too simplistic I suppose but is that the only real difference to the two sides that the two goals either side of the you know The start and the end of the game. Yeah, I mean, I've seen when they've got the goal record They've got and we can see that Slightly concerned, but the way we approach the game after that goal was was excellent No, it's so many good periods in the game or white players to threat But we just couldn't find that real moment of incisiveness to get us back in the game There's ways to lose games of a book and tonight the way to lose in terms of a spirited display Honest display I thought the lads gave everything I suppose there might be a bit of frustration with the second goal at the end because when it's come It's it's at a period when it looks like there's only one team gonna score and it was ourselves really. Yeah, obviously Made this another attacking substitution and there's always Chance that you're gonna leave the back door open and that's what happened You know to know is not a fair reflection on the score I thought Gary did was clearance just near the end to stop it being three was magnificent because three-nil would have been a really harsh score line on us and Gary started in well tonight at right back. I thought we played really well I Was Stephen now I thought moving Chris over to right back and leaving Gary putting Gary at center back where he's obviously more comfortable But I decided to keep Roy and Chris together and the forecast is a good job