The Collision Nobody Sees Coming

SPEAKER_00 0:00

In just a few weeks, the largest collision in American stock market history begins. And no, there's not a crash. There is not even a bailout. It is literally a collision. Trillions and hidden money is about to hit the market, and 90% of investors have absolutely no idea this is coming. And this collision will create millionaires, watch behind me, and destroy portfolios that aren't positioned correctly at the same time. So I'm going to show you the exact timeline, the five waves of capital flows, and the six sectors, I believe, that will either explode or implode, depending on just one thing that most people aren't watching, the price of oil. And here's what's really happening: this collision is not just about AI or SpaceX or any of that stuff that's been talked about in the media. It's AI debt crashing into a geopolitical oil shock. And it's happening at the exact moments when central banks around the world are splitting into two completely opposite strategies we have not seen for decades. Think about it this way: America and Europe, which where I'm right now, are making opposite bets right now. America is betting on cheap oil and low interest rates to keep the party going. Europe is betting on expensive money and higher interest rates. And one of them is catastrophically wrong. The question that'll decide your portfolio's future is this. What happens when America's bet on cheap oil and Europe's bet on expensive money and high interest rates? Well, one of them has to be dead wrong, you see. And I thought long and hard about making this video because I'm on holiday, as you can see, and I thought this is a little bit information dense. This is a little bit more than people really want to hear. But I think you are up for it. And I believe you deserve to understand this. And let me know whether you think you deserve to really understand how the market works the way Wall Street sees it. Just put a deserve in the chat. And let me show you the two possible futures here and why you must understand both and why you need to be positioned

Two Mutually Exclusive Market Futures

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for both. So the world number one here that we have is the Wall Street world. You know, the place of greed is good. And Wall Street thinks the Iran war is going to keep dragging on. They think oil goes to $150 a barrel. That's Goldman Sachs and lots of economists saying. And that means inflation will spiral out of control and it'll go to the moon. It means the Fed is forced to increase interest rates. It means a recession, a stock crash, a housing freeze, and also your 401k takes a really ugly beating. And then we have the second world. This is the orange world of President Trump. President Trump's strategy is the exact opposite. End the Iran war, and if he pulls it off, oil-producing countries will flood the market again with cheap oil, although it'll take some time for that to happen. Cheap oil will kill inflation at the source, and it won't crush the economy, because everything will get cheaper to produce and ship. And that means the Fed, the brand new Fed share we have, doesn't need to raise rates. It means stocks will rip higher. It means the housing market will recover. It means the economy booms and everything is as wonderful and blue as it is behind me. But here is what makes this so dangerous. These two worlds are completely mutually exclusive. You kind of have a bit of both. It's a bit like saying, I'm a bit pregnant, you see, it just doesn't work that way. So one side's gonna get rich and the other side's gonna get destroyed depending on what side you're on. Very little middle ground here. So if you're positioned wrong for the wrong world, your portfolio gets cut in half. You position for the right one. This is the greatest buying opportunity since 2020, in my humble opinion.

Why Oil Hits Your 401k

SPEAKER_00 4:03

Now I know what you're thinking. This sounds like geopolitics. What does this have to do with my money? This is about your 401k. This is about your retirement, this is about the funds inside it, because they're already loaded with stocks that'll either boom or bust depending on oil prices. This is about your mortgage rate. If your rates go up, your monthly payments could jump by hundreds of dollars. And maybe you got a fixed interest mortgage, well done, but it'll still affect a lot of people. And if these rates stay low, well, you could refinance, you could save thousands. This is about whether your portfolio survives or literally thrives over the next 12 to 18 months. But there is good news here. The framework I'm about to teach you works no matter who is president. It's not about politics, it's about understanding what cheap oil does versus expensive oil does to every single asset class. And I promise you you'll understand that by the end of this. In fact, I think what I should do, I should put together a workbook that puts together all the information I'm about to throw at you, and you can download that for free. Uh, we'll put a link down below, felixfrence.org slash. Boom. Shall we do that? That sounds optimistic, doesn't it? Um, there's a link down below. Download it for it's completely free of charge. So once you learn this, you can use it forever. It's a skill, you see. I call this framework the uh Peace to Prosperity Pipeline, PPP. Three forces, five waves, and I think six sectors, if I remember correctly. So what are the waves? There are five of them. The order that capital moves through the economy is what's the important thing here. The six sectors is where the money flows and where it disappears. And you know all of this if you stick around for the rest of the video here. So you already understand the collision, right? You understand the forces smashing into each other, the oil crisis, the rate split between America and Europe. You understand there is massive AI debt floating about that no one's really talking about, and you understand why this is different from anything that we've seen in decades. But here's the thing: understanding the framework isn't enough. You need to actually position for it. And there is a very specific time window

Watchers Versus Builders Mindset

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to do that in. Let me take you back to 2020, 2020, 2021. Remember when Airbnb went public, Coinbase went public, Roblox listed, Ruby enlisted, it was sort of the golden summer. Dozens of high-growth companies were flooding the market, and most people thought it was just chaos. But it wasn't chaos. It was a wealth creation event for people who were positioned right. And in every major market moment like this, investors split into two groups. Group one, you got the watchers. They see the opportunity, they understand the framework, but they wait for more confirmation. I'm not quite sure, I'm uncertain. So they watch the moves happen on CNBC and then they jump in too late when everybody else made the money already. And maybe they capture some of the upside, but they get in after the risk is already priced and massively. They're always a step behind. The second group, I call them the builders, they understand the framework before the crowd really catches on. They position earlier, they size their risk right, they get their triggers right. And when the signal hits, they move very, very decisively. And they capture maybe three times or five times returns while the watchers are still thinking about it. So which group are you? Because your choice right now, in the next 30 days, will determine which returns you capture over the next five years. And this is literally about more than portfolio returns. It's about positioning yourself and your family for prosperity, not gambling, not panic, just understanding the playbook of Wall Street so you can act with confidence. And for investors, serious about capturing this opportunity. Let me know if you want to capture this. Put a C or a capture in the comments down below. For you, those of you who are writing that in the chat down, I'm gonna teach you this. I'm gonna run a workshop for you. And it's called How to Turn the IPO Summer into a Five-Year Wealth Machine. We're gonna look at much more detail than we can look at here in a 20-minute YouTube video, because I'll be teaching you life for free for two hours. And my goal is to build a huge number of you into builders who are positioning for the right move, who are positioning to make the next five years, the five years that turned their investment strategy into something that got them to their freedom. So you can register completely for free at wealthmachine.org. The spots will fill up. There are 10,000 of them. It sounds like a lot, but I can tell you they're gonna go. So if you want to be one of those people who understand the framework, who understand how to position, who understand how to benefit from this, and I'm not saying, by the way, that you should run out and buy all these IPOs, I'm not saying that at all. So we're running this on coming Sunday on Father's Day. And you might be thinking, hang on, hang on, hang on, I was planning on sitting on the sofa over there with a beer. Um, that's fine, you can do that too. But if you actually want to build a legacy, if you actually want to build the freedom for yourself and your family, show up for yourself. Not for me, but for yourself. So write Wealth Machine in the comments if you're gonna sign up, if you're gonna be there, don't ask me for a replay, there won't be one. So let's get deeper into the framework. And this is the part that will change how you think about investing forever. And then on Sunday, we're gonna give you the tools, we're gonna give you much, much more level skills than we can cover here in a short video.

Peace To Prosperity Pipeline Framework

SPEAKER_00 9:29

So this pipeline that I was talking about, Peace to Prosperity Pipeline, has three parts. Three forces that work together, kind of like dominoes. The first one is oil, the second one is the interest rate divergence we're seeing, and the third is what I call the confidence collision. When one of these dominoes falls, the other follow in a very predictable sequence. And once you see the sequence, you can be ahead and position ahead of it. So let me run you through these one by one, and I'll ask my team to put some text on the on the screen here so this makes a bit more coherent for you, because this is obviously a little off the cuff here. But let me show you how this

Oil As The Economy’s Price Waterfall

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works. It's really quite simple. When a major oil-producing region exits a conflict, so the Middle East stops the conflict, we can ship again through the Strait of Hamouse, supply floods the market. When supply floods the market, oil prices do what? Yeah, they collapse, correct. When oil prices collapse, the cost of everything drops. Because oil is baked into every single thing you consume. People think about oil as gas prices, right? It's completely wrong. Oil is in your shipping costs. Everything you buy on Amazon gets shipped using oil. Oil is in your food. Tractors run on diesel. Fertilizer is made from petroleum, which I think is absurd, but it is the way it is. Oil is in your plastics, your carry bags, your chemicals, your packaging, your manufacturing. And when oil drops 30%, the price of nearly everything else drops with it. With a lag, maybe a two to three months lag. And again, this isn't something I'm making up here. It's happened before every single time. Look at the end of the Gulf War, 1991, right? Oil dropped, the economy boomed within six months. When the Iran nuclear deal was signed in 2015, oil crashed from 100 to 50. Consumer spending went through the roof. Every major Middle East peace deal or real ceasefire has triggered an oil price drop within 90 days. And history doesn't always repeat exactly, but the pattern repeats. Peace equals cheap energy. Cheap energy equals economic growth every single time. And when oil drops, it doesn't just save you money at the gas pump. Airlines suddenly become wildly profitable. Fuel is their biggest cost, right? Shipping companies see their margins explodes. Factories can produce cheaper goods, farmers pay less fertilizers and diesel. And all of that saving flows down to consumers as lower prices and into Wall Street as higher profits. Isn't that wonderful? So it flows back to us as shareholders. It's like a waterfall. Oil is at the top, the savings cascade down through the entire economy is what is the waterfall. So you get initially energy companies. They get repriced almost instantly. Then transportation companies, and we've been making good money on transportation the last few weeks. Consumer prices come down about three months later. Manufacturing costs come down about three to six months later. That's your uh little cascade. And again, most investors only see the first wave, right? They think about gas prices. And here's what this gets interesting for you as a retail investor. Wall Street calls us the dumb money, which kind of irritates us, or the know-nothing money. That's an actual Warren Buffett quote, by the way. He calls us the know-nothing money, which is kind of interesting. Well, we're we're we're changing that, right? Because you're you're going to show up for yourself on Sunday and build that wealth machine for yourself and your family. So Wall Street's big banks have their models set to just one scenario, and that is war continues, oil stays expensive. Why are they saying that? Well, most wars involving Israel just seem to continue forever and ever for whatever profit reasons. Um, and their rate forecasts assume high oil, their sector allocations assume high oil prices, their risk models assume high oil prices. Every single model at Goldman's, JP Morgan, Morgan Stanley is built on this high oil price, $100 to $150. Now, what if oil drops to $60 or $70 a barrel? Well, the models break. And when the models break, they're forced to do what? They're forced to sell a ton of stuff and they're forced to buy a ton of stuff. And it creates violent fast moves in the markets. And this is your advantage over Wall Street. Big money can't pivot that quickly. They run on quarterly rebalancing cycles, the fund managers and so on. So it means when oil drops, they'll be 60 to 90 days behind the move. Now, not the hedge funds, they'll do it instantly, and we'll be able to see that. Again, show out on Sunday, I'll show you how you can see that. But the funds will be late. The retail investors, well, you can move in hours. You don't need a committee meeting, right? You don't need a board approval, you just move. So the institutions are like an aircraft carrier, massive, powerful, but they take five miles to make a turn. You're that speedboat, right? So you can use that, right? Use your maneuverability.

US And Europe Split On Rates

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Now, the second force, and this is really the first ever I've seen, it's unprecedented. For the first time in modern financial history, America and Europe are running opposite monetary policies during exactly the same events. America is holding interest rates steady, the Fed is resisting the pressure to raise them because they know it would kill the economy. The apparatus in Europe, however, have just raised their rates. The European Central Bank, which is the Fed of Europe, increased the economy. Even though the economy is already shaking and shrinking. And let me explain just briefly, as I am in Europe here, why Europe is in serious trouble. And again, there's an opportunity in that. Europe raised interest rates into a shrinking economy. If GDP is actually going backwards, manufacturing is in a recession across Germany, France, and Italy. And the only reason it doesn't look that bad is because their spanning is spending billions and billions on the war in Ukraine. Consumer spending is collapsing. People are cutting back on everything from restaurants to vacations, except for me, obviously. So why would they raise rates when the economy is already weak? Because they kind of have no other tool. Europe can't control the oil supply. They import almost all of their energy. And Europe can't print the world's reserve currency either. That's the US dollar. Europe can't negotiate a Middle East peace. They have basically no diplomatic leverage. It's true. I'm sorry, my French friends, but it is true. And the only thing Europe can really do is raise interest rates and hope that somehow slows down inflation without completely choking the economy. But it's like trying to stop a flood by building a dam kind of out of paper. It'll hold for a while, but eventually the pressure is going to break through it. America has a very different playbook, you see. Trump's strategy with a Fed share is this. I point someone who will resist rate tax, even if inflation goes up for a while. And the logic is actually quite simple. And actually, I agree with him on that. Don't kill inflation by crushing the economy. Kill inflation by increasing supply. Flood the market with cheap energy. It's a supply side fix instead of a demand side fix. Now, Europe produces virtually no oil. The Brits have just decided not to drill for any more because I don't know, there could be a some sort of crab or some sort of, I don't know, fish or something damaged by it, or maybe they just don't want to be wealthy again because it would make them uncomfortable. So instead of making everything more expensive, which is what the Europeans are doing to slow spending, the US is trying to make everything cheaper. But the Fed, you know, the guys that set interest rates, those old white people who sit around the room and smoke cigars and drink sherry, at least that's what I imagine they do. Um just had a vote on interest rates. It's the most divided vote since 30 years. Eight people voted to hold rates steady. Three people wanted to raise rates, they're the Yokamikaze guys, and one guy wanted to cut rates, who's just, you know, high. And that eight to four split tells you everything. The Fed is being pulled in every direction at once. And the hold the line strategy is barely winning. At the same time, the Fed started doing something they're not telling you about. They're printing money. Yeah. Their balance sheet is growing, it's back above 6.7 trillion. But then they're not calling it money printing or quantitative easing or QE like in the past. Um, but they're still doing it anyway. And to me, it doesn't matter what it's called, if it looks like QE, it quacks like QE, you know, you know, you know, you know, they're printing money. Again, why does this matter? Well, think about this. America holds rates, Europe raises them. Why should you care? This is kind of complex, right? Well, when rates diverge dramatically between the two major economies in the world, capital moves. A lot of it. Money flows towards higher returns and stability. If US rates stay low and the economy grows, money pours into America from all over the world because the stock market's gonna boom and everyone's gonna want to buy it and it's gonna be wonderful, and we're gonna make so much money. If Europe is hiking rates, but the economy is shrinking, smart money leaves Europe. And the last time the US and Europe diverged like this was 2014. What happened? Massive capital inflow into the United States of America, the dollar surged, European stocks underperformed American stocks for three years. It's true, my European friends. And if you owned a bunch of international funds that are heavy on Europe, although global whatever funds some of you people own, you got crushed. This trade, this interest rate divergence trade is one of the most powerful and most predictable setups and investing I've seen basically in my life. It's happening right now. So let's talk about. There was a third force, wasn't there? This is gonna be long, isn't it? Um, I hope you've got a got a nice uh enjoying the view, at least behind

Confidence Collision And Forced Rebalancing

SPEAKER_00 19:27

me. Okay, the third force is the one that turns all of this into an opportunity. And you're here for the opportunity, I imagine. But most people don't know what world suggests this. Institutional investors don't actually make independent decisions. They follow models, computer models that tell them how to allocate their money. And right now, every major bank's model assumes three things. War continues, oil stays above a hundred bucks, and the Fed might raise rates. Three assumptions, right? And what's the first three letters of assumptions? Yeah, that's what assumptions make out of here. They could all three, all three of those could be wrong. And when every big investor is positioned for the same, potentially wrong outcome, and the opposite happens, the market is going to move a lot. Like really, really a lot. Because these funds are then forced to rebalance. They have to sell what they bought and they have to buy what they'd sold, and then all do at the same time. And that creates massive, fast price swings, both up and down depending on what you own. The last time we saw this was early 2020. Nobody expected the recovery that fast of 20, you know, the COVID nonsense. But the stimulus was so massive, rates went to zero, and the market ripped massively higher. Maybe you remember that. It was a glorious time. And that recovery minted morning millionaires than any 12-month period in market history. Seriously. So this is why I'm making this video, because I think it is that important. Now, the money wasn't made by people who saw the crash, it was made by people who positioned for the recovery.

The Hidden AI Debt Risk

SPEAKER_00 20:55

Now, I started off with an allusion to AI and AI money and AI debt. You see, there is 1.8 trillion in hidden AI debt out there. And that debt is not automatically a disaster. If rates go up, so this war continues forever, and the Fed just has to do it because inflation goes to five and six and seven percent. That debt, that 1.8 trillion of debt that issued by Meta and Amazon and Microsoft and all those tech darlings, it becomes incredibly expensive. Companies that borrow to build these data centers will get crushed pretty hard. It's like 2008, the mortgage crisis. Debt that seemed fine when rates were low becomes toxic when rates spike. But if rates stay low, you know, our peace scenario, which is hopefully what we're gonna get for the sake of everybody in that region, then those same 1.8 trillion in debt, it stays cheap. It doesn't matter. Those AI bets could actually pay off, and companies will survive. I investments will generate some revenue. Same debt, same companies, completely different outcome depending on just what? War, peace, and interest rates. Let's tie all this together because putting it all together is the key insight really of this entire monologue lecture here,

Five Capital Waves After Oil Moves

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right? Scenario A, peace. Peace means you get cheap oil, you get lower inflation, the Fed will cut, AI debt stays manageable, the economy will grow, stocks rip higher. Peace, good. More, not so much, right? The war continues. Doesn't even have to escalate, it just has to continue. You know, the occasional drone flying into an oil tanker, that's about enough to make it uninsurable. Oil will spike, inflation will explode, the Fed will eventually be forced to raise interest rates, the AI debt bubble implodes, you get a massive recession, and tons of stocks crash, especially your favorite tech stocks. Very, very little middle ground. I said at the beginning, you can't be a little bit pregnant. This is basically one of those scenarios. You either, oh, you aren't, right? But a lot of Wall Street is very cautious and they're positioned for the bad scenario. So if we do get a peace deal and it isn't just a piece of paper, but actually the shooting more or less stops, what happens? Massive, massive opportunity for you. So let me walk you through this. Uh six sectors, I think I said, right? Let's see if we can uh we can uh put them all together. I said let me show you the order, first of all, that the money flows through the economy. The first place the money goes is energy. Energy gets repriced, and that's the fastest move. It happens almost overnight. Could happen on Monday or Tuesday or whatever. Oil and gas stocks reprice immediately. Energy futures could collapse, so the price of oil comes down, gas goes down, pipeline companies adjust their forecast, and that's the wave that makes the headlines. But it is not where the big money is made. If that happens, I'll take profits on our oil and services, oil and gas services stocks, and X of that. And it's already set up, it's automated. Again, something we'll cover on Sunday if you join me at Wealth Machine. The second wave is transport, airlines, shipping companies, trucking firms, they see their costs drop. And we've been piling into these gently the last few weeks. If their costs go down, but they're still charging the same prices that they quoted a few weeks ago. What happens? The gap between the lower costs and the price that they're already charging expands. So what's this? It's called a margin explosion. And it's profit. It is just pure profit, so it's very good for them. The wave number three is the consumer. Gas prices drop, people have more money in their pockets, they feel like spending more. They start spending on things they've been putting off. Restaurants, vacations, new appliances, retail, restaurants, travel, they all go through the freaking roof. And this is the wave where Main Street starts to feel the benefit. Wave numero quattro is manufacturing. This takes a little bit longer, three to six months, I would say. Lower costs for manufacturing means suddenly it's cheaper to make things in good old America. So US manufacturing becomes more competitive again. So you get the industrial giants, the caterpillars, the John Deers, they start to go back up. And then when everybody thinks this is all over, no one's forgotten about the peace. But six months later, the following happens. Lower inflation means the Fed can finally cut rates, or at least they can hold them at a lower rate for a while. When rates drop, when mortgage rates drop, housing explodes, people buy homes, refinance, spend money on renovations, autos, big ticket purchases, everything that requires a loan, it goes any one way. Most investors see wave one and then they panic, sell their energy stocks, right? The real money. The generational wealth is made in waves three, four, and five. That's where the patience investor wins. And you might be thinking, how do I know what wave we're in? And that's a great question. I will answer that for you on um, it's actually a good exercise. So there's a little wall behind me. I'll answer that for you in great detail on Sunday by showing you the full system. And I'm not holding that back from you here. It's just when these videos get too long, um, YouTube will stop showing it to people. And my goal is to reach as many people as possible so we can get you to financial nirvana rather than um, you know, FOMO buying the latest

Six Sectors That Win Or Lose

SPEAKER_00 26:26

thing. But I did promise you I'd give you some sectors. So let me let me walk you through the sectors here to make sure you will really get away here with more value than you came for. Right? So if we get the peace deal, the traditional oil and gas stocks could drop 25 to 40 percent. So anyone who's very heavily invested in energy gets crushed. Now, the infrastructure companies, the energy infrastructure companies, the guys who build the pipelines and the terminals and so on, they could actually be fine because, first of all, more oil and gas flows through their pipelines, as a lot of infrastructure in the Middle East that has to get repaired. Um, because when you turn those facilities off, and much of the Middle East has stopped pumping, it takes months to maintain and get them back online. Also, some of our stuff's got damaged, so it needs to all be checked out. So the smart players, I would argue stay in energy. And again, I'm not a financial advisor, I'm not telling you what to buy, but potentially stay in energy, but shift from the producers to the infrastructure. And I actually did that about nine months ago, but um sometimes I'm just a little early to things too. The risk is this: if the war escalates and oil spikes, energy stocks will continue to rip higher for a while, but really high oil prices eventually kill them out and eventually trigger recessions. So you don't want to be in oil stocks forever. Yeah, just a little bit of a hint there. The second sector to look at is transportation. Airlines essentially are leveraged bets on oil prices. It's a terrible thing to own an airline stock. I um I know some people in the airline industry, and I always shake my head about why they do what they do. It makes absolutely no sense for anybody to fly you anywhere. It's a terrible business model. Think about it this way: it's the only thing in the world where you put a product out and somebody buys it and you're losing a lot of money. Because if you only sell one seat, even if it's a first-class seat on the plane, you'll be losing a ton of money for that plane to fly empty. And then once it's full, you'll still have people who want to buy your product, but you can't supply them because now if you put on another plane, you're going to take that massive risk again. It's just a weird business model. It makes no sense. But anyway, fuel is basically their biggest expense. So if oil stays high, their margins get destroyed. Um, but if all drops, airlines could be a glorious opportunity, as will be most of transportation. How do you find out? Jet fuel futures. If you watch that sort of thing, you probably don't because you actually have a social life in friends, uh unlike me, which is why I'm standing here on my own. Um, but yeah, tell me if this is valuable, tell me if this is too much in the comments down below. Just write valuable or too much, and I will I will adjust my output in future. Uh, but I can't stop myself because I promised you six sectors and we're only two in, right? So let's do the next one. Uh it's tech, it's AI. It's the big one, right? The one where you all all invested. So higher rates, um, the debt that these guys have just piled up to build the data centers will kill them. I mean, not literally kill them, but it'll kill the stock prices for quite a while, which is why some of those amazing companies are currently on sale, if you're wondering why. Uh, Morg Stanley, by the way, calls this the AI subprime. That makes you sleep better at night, doesn't it? Uh so what's the opportunity? If the war ends, rates go down. It's the greatest tech buying opportunity since polarity 2022. How do you know which one's good, which one's bad? Well, you could look at the balance sheet, which is incredibly boring. Operating cash flow and that sort of thing. You can look up in the Winston app if you like. Uh, or you can just look up where the institutional money is flowing, which is, I think, the the easier way of answering it. Uh, and and again, I'll teach you that on Sunday. Wealthmachine.org is the link to grab yourself that free ticket to that. And then sector four is is is you, you, the the American consumer. High oil, um, your spending will collapse because if you pay four or five bucks a gallon, tell me actually how much do you pay a gallon of gas? Put it in the comments down below. Anyway, it'll it'll it'll dent your your other spending. And the retailers priced a lot of that in. But we're just starting to see that April, for example, which is uh you know gammon stuff, is is actually peaking its sort of head above the above the the cliff. So there might be some opportunity there coming up. So when the rates come down, the gas prices come down, you're gonna go out and you're gonna eat more, you're gonna travel more, you're gonna improve your home, you're gonna buy a new home, you're gonna spend stuff on things you didn't particularly need, when really you should just be investing the money, but that's a different story. Uh so there could be some real opportunity there. And then sector five, and then just one more, I promise you, real estate. Higher rates, it's a shit show. Lower rates, oh a cat just has just come out here. Very nice little little kitty. Um, can I show you the kitty? Maybe I can. Hang on. Very important. Can you see the kitty? Yeah, there she is. Pretty, hey. Sorry, we had to interrupt this program because a cat walked past. You're like, this guy is a lunatic, isn't he? Um, yes, certifiable. I've been told that many times. Um, we sort of embraced the madness around here. We saw some of the commercial real estate popping up last week and doing quite nicely. Uh, even though office buildings are empty, nobody wants to go there and landlords are defaulting. It's just because we're thinking, or Wall Street's thinking rather, um, the worst's behind us. We might get some peace, we might get interest rates that come down a little bit more, in which case everything is going to be fine and there'll be a bonanza. So, again, something to watch for. I think it could be a glorious opportunity, commercial REITs. Seriously, the stuff that was just complete toxic garbage till a few weeks ago. And then you've got um your exoticals, the international and the European stocks. So Europe is at this point a rate trap. Europe is raising rates into a recession because they enjoy paying, you know, the Frenchies or whatever. I don't know. The worst thing a central bank can do, in my opinion. But I I think the European central bank are a bunch of nitwits. Um, but there we are. Um, last time that happened, American stocks outperformed the European ones by 30% over the next two years. So if you own some European or international funds, uh, you might want to think about what to do with that. Again, I'm not telling you what to do, you're gonna come to your own conclusion, but at least learn what could be happening there. Check your portfolio. Yeah. And at the same time, it should make the dollar ironically strengthened against the Europe. So, you Europes, if you own that monkey money that you call dollar, and it goes up, you make more money, right? So, having said all that, I want to

Follow The Money And Final Invite

SPEAKER_00 32:47

be honest with you. I respect your intelligence. I don't have a crystal ball, nobody does. I don't know which world's gonna materialize, nobody does. I don't know whether the supreme leader of Iran is an incredibly uh reasonable and rational chap and enjoys negotiating with Trump a lot. Uh, but what I do know is this the market is priced more or less for one outcome. War continues, oil prices stay high, rates stay where they are or go up. And the only way I know what's gonna happen is by starting to see the institutional money move. I call it follow the money, which is pretty much my entire investment thesis. I don't really care very much what stock I make money from because type 10 years down the road, nobody's gonna care, you won't care, you're just wondering why your neighbor has got a bigger house or a bigger yacht or whatever it is, or taking care of his family better. Um, and it's because he made more money out of something that you didn't own. So I look for opportunities that I think could be very large. I think we have a consensus here that could be wrong. And if it is, the repricing will be explosive, fortunes will be made, a lot of people unfortunately will cry. And I think it is such an important, important event we haven't seen for many years that you deserve to understand it. And if you wish to really, really learn the rules on how to follow the frickin' money, how to take advantage of this IPO summer that we're in the midst of, where a lot of wealth is going to be made and how to set yourself up for the next five years, then join us on Sunday on Yes, Father's Day. I think it is at 7 p.m. New York time. So it'll be good for you lot in the Americas. Uh, for you lot in Europe, you're going to have to ask for permission to stay up a little later. And uh and if you are in Asia or Australia, it'll be fine for you as long as you uh have an alarm clock. So come and join us, grab yourself a free ticket. It's called wealthmachine.org. Link is down below in the description. And we're gonna enjoy the rest of the south of France. If you're wondering where I am, that is where I am. And it is called the Côte d'Azur for a good reason. It is obviously this gloriously blue all summer, uh, which is also why the cats are happy. I can still see her actually, which is nice. And I wish you a glorious year. I wish you tremendous success. And I hope to see you on Sunday if you do sign up for the Sunday workshop right wealth machine into the comments down below. All the best.