Expert says this is the ‘RECKONING’ we’ve all been waiting for

AND BUILD AND BELIEVE THERE WE HAVE INFLATION DATA THAT IS COMING OUT TOMORROW MORNING I WANT TO BRING IN CAPITOL MANAGEMENT CHIEF INVESTMENT STRATEGIST DAVID IS GREAT TO TALK WITH YOU AND LOOK, WHAT MESSAGE IS A MARKET SENDING DO YOU THINK RIGHT NOW. >> HEY HELLO AGAIN CHERYL AND GOOD AFTERNOON THE BOND MARKET I THANK YOU SO REALLY SESENDING A MESSAGE, THAT IT'S A RECKONING THAT WE HAVE ALL BEEN WAITING FOR, WITH RECORD DEFICITS AND RECORD IT PRESSING 40 MILLION THE MARKET IS STARTING TO CARE. AND NOW FOR THE INVESTORS DOMESTIC INVESTORS INSTITUTIONS ARE STARTING TO CARE THAT IS WHAT IS HAPPENING WITH - 30 YEAR BOND SOON RISING IN THE YIELD. WHAT IS A BOND MARKET TELLING US AND I THINK IT IS TELLING US WITH VESTED COMMODITIES WHICH IS SECTOR WE'VE TALKED ABOUT BEFORE AND, WE THINK THAT IT'S VERY OPPORTUNISTIC RIGHT NOW. >> AND CERTAINLY IN LOOKING OVER WATCHING THE BOND MARKET AND AGAIN THE TEN YEAR, A LITTLE BIT OF A FALL TODAY IN BUILT A CERTAINLY THE DATA COMING OUT TOMORROW EASTERN TIME IS THE PC PRICE INDEX THE INFLATION STORY NOT JUST THE MARCUS BUT OBVIOUSLY CONVERSATION ABOUT WHAT THE FED WILL LOOP IN SEPTEMBER AND DECEMBER AND NOW LET'S TALK ABOUT INDIA BECAUSE THEY ARE REPORTING EARNINGS AS HAVE TO BILL TOMORROW. >> WHAT ARE YOU EXPECTING TO HEAR FROM A COMPANY AND MANY OF US HAVE ON THE NETWORKING ON THIS PROGRAM AND THEY SAID SOMETHING NEED TO BE DATE BUT BE DATE IN A BIG WHAT YOUR THOUGHTS. >> YES I AGREE 100 PERCENT AND WE KNOW THAT WE ARE LOOKING AT OUR FORECAST DOUBLY EARNINGS, OVER YEAR-OVER-YEAR 2025 SECOND-QUARTER THEY WILL HAVE TO DO BETTER THAN THAT BECAUSE I WAS SAY DICTATION THE MOST OF THIS AND THEY HAVE WITH HIS COMING ON BLACKWELL AND EVERYTHING GOING ON, THERE STILL AT THE CENTER OF THE AI SPACE AND THE DEMAND WILL BE THERE AND I THINK THERE IS CONCERN ABOUT THIS CIRCULAR FINANCING AND SO FORTH AND IF WE LOOK FORWARD, WE ARE BIG BELIEVERS NAI AND WHAT DEVELOPMENTS WILL COME. AS THE SKEPTIC THAT I THINK HAVE FELT BACK COME ABOUT HYPER SCALARS AND WHAT WE CALL THE PICKS AND SHOVELS AND NVIDIA, THE TOOLS THIS YEAR WITH THE STARS BUT WE EXPECT GREAT THINGS OUT OF NVIDIA AND WERE ALONG THE SOCK IS ONE OF THE TOP HOLDINGS IN OUR PORTFOLIO STILL. >> LET'S TALK ABOUT AI IN GENERAL IN THIS LOOP AND CONTINUES TO ACCELERATE THE GROWING CONCERNS OF STREET THAT INVIDIOUS RISING FINANCIAL OBLIGATIONS THEY WILL BE IN EFFECT OPTIONS FOR THE QUARTER FUTURE GROWTH AND HOW DO YOU SEE THAT IMPACTING EARNINGS OVERALL IN G GENERAL, ISN'T NVIDIA A FIE WILL BEAT THE POLLS BACK OF IT. >> YES, FIRST THE SECOND QUESTION, WE THINK THAT IT CERTAINLY HOPE YOUR WHO HAVE PLENTY OF NVIDIA LIKE US FULL DISCLOSURE ANYTHING FOR THOSEE WHO DON'T WILL GENERALLY BE IN EVERY GROUP PORTFOLIO RIGHT NOW SHOULD BE IN EVERY GROWTH WILL IF YOU DON'T YOU SHOULD HAVE IDEA THESE TRUE GOING FORWARD CONCERN, IS VALID THIS AI DOOM LOOP WITH A CIRCULAR FINANCING REFERRED TO EARLY GURR. REALLY NVIDIA IS COMING AT THE CENTER OF THAT AND NUMBER TWO, HE IS LEVERAGING THEM MORE THE SPACE IF AI IS ON THE BASE MODEL RIGHT BUT IF AI DOES NOT HANDOUT, WE DON'T GET THE DEVELOPMENTS WE EXPECT WE DON'T THAT WE EXPECT AND THE RIDGE STARTS TO WORK IN THE OPPOSITE DIRECTION. THAT COULD BE VERY BAD FOR NVIDIA SO PRESENT A VALID RISK AND CONCERNS, YES, I SURE HERE. >> LET'S TALK ABOUT THIS. NEW REPOPORT OUT, TODAY'S EXCLUSIVELY LEVEL THREE STREET JOURNAL THEY SAY THAT ENTROPIC IS EXPECTED TO TELL THE INVESTORS THAT IS HE'S OVER THE TRILLION POTENTIAL REVENUE AND IF THE COMPANIES TO PUT THE NUMBERS OUT AHEAD THEIR IPOS BUT WHEN YOU EXPECT TO SEE ONCE HIS COMPANY GOESES PUBLIC. IN THIS INCREDIBLE MESSAGE AND THIS WOULD MAKE THEM BIGGER THAN SPACE X, TO BE CLEAR HERE. >> YES WELL THIS IS AN INCREDIBLE ANNOUNCEMENT. AND AN INCREDIBLE FORECAST THIS WHEN I WILL SAY YET TO BE SEEN AS A PRIVATE COMPANY AND WE DO NOT KNOW AS MUCH WE DON'T HAVE AS MUCH INSIGHT TO THE COMPANIES A PUBLIC COMPANY BUT IT HAS BECOME PUBLICLY WILL AND WILL HAVE MORE INSIDE MANY MORE ANALYSIS, MORE INFORMATION TO ACT UPON. REALLY, ANYONE OF THE AI SPACE WE REALLY DON'T KNOW HOW FOR THIS WILL THAT WE DON'T KNOW HOW FAR AI WILL EXPAND. WE DON'T KNOW WHAT WE DON'T YET AND SO, IT MAY SOUND LIKE A VERY WE MAY BE AMAZED BY WAS SOME OF THE COMPANIES REALIZE IN TERMS OF SHAREHOLDER VALUE GAINS IN THESE OUT YEARS THIS TIME OF THE MARKETS IN GENERAL OUT WHICH AREAS OF THE MARKET TO SEE BENEFITING FOR THE CURRENT LEVELS A LOT OF CONVERSATION ABOUT MAYBE WERE GOING TO HAVE A FULL BACK IN SEPTEMBER AND OCTOBER TIMEFRAME AND PULLBACKS BUYING OPPORTUNITIES TO BE CLEAR AND WHAT YOU THINK WILL HAPPEN NEXT FEW WEEKS. >> SO, OBVIOUSLY WERE ALONG THE AI TRADE PDFS THAT WE HAVE TALK ABOUT OF THE SHALL BE FOR AN AIS CONTACT, THAT ARE ALL PICKCKS AD SHOVELS IN THE SPACE AS WILL SOME HYPER SCALARS THAT THERE IS ETF'S BUT WHAT WE REALLY LIKE RIGHT HERE, IS COMMODITIES AND WE SEE WHAT IS HAPPENED AND IT IS REALLY A FUNCTION OF WHAT TREASURY SECRETARY, SCOTT BESSENT IS DOING A LONG OF THE CURRENT WITH THE OPERATIONS, GOING FROM 2 MILLION UP TO 4 BILLION NOW HE IS SAYING THAT WE HAVE 1 TRILLION, THE THEY CAN WORK WITHIN THE GENERAL ACCOUNT. THERE'S KIND OF STEPPING INTO DOING WHAT THEY WOULD LIKE TO SEE THE FED DOING WE BELIEVE. AND SO, YOU KNOW THAT SHOWS I THINK REALLY MORE OF THEIR DESPERATION SO HOW WE PROTECT THEMSELVES WE PROTECT OURSELVES WITH COMMODITIES WE SINGLED IS OVER WHAT THEY'VE DONE AND ENERGY ONE OF THE EASIEST WE LIKE ALLOTMENT TALK ABOUT IT ON THE SHOW BACK IN MAY AS HG ER. AND IT IS JUST A BROAD BASKET OF COMMODITIES BUT IS CENTERS ON ABOUT ONE THIRD INVOLVING 130 OIL, ONE THIRD AND SOFT COMMODITIES AND ALL WHICH OF IT ON TOUR IN THE PAST AND YOU TODAY MORE THAN DOUBLING THE PERFORMANCE OF THE S&P 500 AS WE GET A GREAT RETURN WE DIVERSIFICATIO