Record Debt Hits $40 Trillion | Market Collapse Coming?

I really do hope that they figure all of this out. What's going on, guys? It's Ricky with Tech but Solutions. I hope that you guys are all having a great Friday. I'm sure a lot of you guys have seen some of the selling pressure that began to present itself into the close. Let's quickly talk about it. The Nasdaq market ended on the day 0.65% in the green. But from where we hit highs off right when markets opened to where we actually closed at, big gap down, right? Especially if you take uh after-market hours into consideration 1.42%. Markets have been doing an incredible job just not doing much during normal trading hours and then just producing all of the volatility during the after-market and overnight hours. Not too sure if you guys have noticed that. I mean, today was very volatile uh to say the least with that aggressive bull trap. Um and then we began to see that recovery, got rejected, and then sold off into the close. So, what are some concerns that you should be aware of? Uh one of the first things that I quickly want to talk about is that US Treasury yields are rising. 30-year, I mean, this is like the scary one. 30-year bond now reaches 2007 highs. So, yes, the year right before the Great Financial Crisis. We are now at the same level for bond yields that we were back then. Why is this a bad thing? There's uncertainty about the US's ability to pay back its debt. Why would that be? We just crossed $40 trillion in debt. Insane. The US debt crossed $40 trillion. That's roughly $117,000 per every single American and 303,000 per household. This is pathetic. Cuz it just keeps climbing and climbing. And again, we really thought that maybe this president was a little bit different. Again, a statistic. 28.6% of the national debt, Trump is solely responsible for it. Out of 45 US presidents in history, he is responsible for nearly 1/3 of the $40 trillion in debt the US is in. Absolutely pathetic. And guess what? Bond yields are soaring. There's so much uncertainty. Inflation, labor market, what's going on in the Middle East, the national debt, this AI bubble. Again, what do markets always do? They do try to figure it out, right? They'll be irrational, dips get bought up. I mean, unless you're waiting for a true bubble to pop, then I guess that's something that you can look out for, but from what we've seen in the past, the government has to intervene, and they will do so. And just maybe print more money. Where does the Federal Reserve go from here, right? People were pointing the finger that, "Oh, it's the Federal Reserve's fault." What? This is the part that I don't understand. We're $40 trillion in debt. That's not the Federal Reserve's fault. That's our administration's fault. It's these politicians. Over and over and over again, it's like we have one person trying to put out the fire while a handful of others are the ones mismanaging all of our funds. That's the pathetic part, right? They're always like, "Oh, it's the Democrats. Oh, it's the Republicans." No, it's the politicians. I don't care what you call yourself, what you identify as, I don't care for you to pay more in taxes, right? Just like I would hope you wouldn't want the same for me. Why would I want us to pay more if all they do is mismanage our funds? It's just it's pathetic. That's all it ever is. It's like, you just want to be happy, I just want to be happy. I want to make money, you want to make money, but who continues to point us against one another? These politicians. Yet, they are the ones that continue to mismanage our funds. They think that we are too blind to see the obvious. If you had a financial advisor and he continues to mismanage your funds and lose you money every single year, would you want to pay more? Invest more? No. So, why is it any different for our government? They want to continue to raise our taxes, but they're terrible at managing it. Why? Why not just print more money at that point? It's like, why take our money away just because you can't manage it? It's insane. But again, what do we do in moments of distress? There are red flags, there are uncertainty. Do we want to talk about the carry trade unfolding? Do we want to talk about the over-leveraged South Korean market? There's so much and I'm kind of excited to expand on these topics over the weekend. I have more of like relaxed and detailed videos of just having open conversations with you guys. I have those planned out for tomorrow and on Sunday. So, I hope that's something that you can look at forward to. But all I'm doing right now, I announced it to my LPP team. I think now is a good time again just cuz the government always intervenes and tries to save the market and whatever it is that they try to do to create it to pump again. Um I'm keeping it light. I would not encourage you to buy the dip with leverage. I'm buying the dip with cash and I'm doing this for our long-term account. There's specific stocks that I'm open to the idea of buying the dip on. Again, this is my opinion, not an encouragement. Micron got ripped today, right? From overall highs to current lows, the stock sold off 12%. Again, I couldn't stress it enough yesterday. I was like, "Hey, be cautious buying into this hype." Chip stocks were rallying. We we bought into the sell-off, but we didn't buy with leverage. Markets are too irrational. In a In one day, they pretend like no problems ever existed and they skyrocket 20 to 25%. You're telling me 1/4 of its value was created in 12 hours and that doesn't concern you? That doesn't raise red flags? Oh, Ricky, you're just being negative. No, it's just like having common sense, right? So, then now we kind of correct and I hope that this is the bottom. Again, we never know, but I know that it can get worse before it gets better. So, again, I kept it simple. I bought very small amounts. We did it with cash, not with leverage. So, if it does get worse before it gets better, we can tolerate it and our intentions are long-term. Again, just wanted to share that with you. I could expand all that a little bit more over the weekend, but I would encourage you this weekend, take a little bit time, learn more about the market. And again, it could be a great time if you are an absolute beginner and you want to actually start investing or trading in the market as markets are down. That's historically speaking one of the best times to start investing, right? Not that markets have to recover soon, but that when they do, that's when they tend to be the most favorable. As markets are down, so are our prices. As soon as markets begin to go back up, we'll go back to full price. Second link in the description down below. Again, it'll be $299 off. So, again, if you want it for 400 bucks, one-time payment, lifetime access. If you want to watch me trade live before you actually join, then just click here and watch a previous live session before you actually join. Again, it's super simple. What's included are A-Z video lesson library, our daily live trading sessions right at market open every day, Monday through Friday when markets are open, and our private group chat. Of course, you guys get access to these risk calculators to be able to plan out your own trades, how to figure out your win rate, and then of course, how to be able to calculate how much money you can make or lose depending on your win rate, risk to reward, and the number of trades that you take per day. Again, if you want to try this out, second link down below to learn a little bit more. I hope and wish you guys an amazing weekend. I'm here to challenge you to, you know, be patient, be intentional, and to not use leverage. Let's learn from the South Korean markets. That's the last thing that you want to do, knowing that things can get worse before they get better. Okay, I'm not trying to hold you back. I mean, you're an adult, you can do whatever it is that you want. I just want to use them as an example of why leverage can be a terrible thing when direction turns against you. Hope that earned a thumbs up. And like always, let's make sure that we end the year on a green note. Take care, team. Happy Friday.