The U.S. Market Bailout JUST Failed.

This clown literally just said we continue to have a strong US dollar policy when literally the exact crap this guy is pulling off this interventionist policy. Not only is leading crypto up and stocks down and oil up and yields up, but it's also leading the dollar to fall. What a surprise. You start getting the dollar to fall when you start doing with our economy. In other words, politicians telling you they're going to do one thing only for exactly the opposite to happen. Well, what a surprise. Not I generally dislike market intervention, but Scott Bessen and Donald Trump trying to paper over the Treasury market is embarrassing because we know market intervention tends to just get reversed and end up signaling more problems than if you just didn't do anything in the first place. In this video, we're going to break down what just happened with the Treasury market. Briefly, what's happening with Mona, but more importantly, what's happening with crypto, why I think it's no coincidence that we had one heck of a crypto rally yesterday, and what this means for the market in the short term and the long term. This is pretty exciting. Quick note, uh, more on this at the end of the video. We are hiring, so details towards the end of the video on this. For now, though, let's get to the content. All right, folks. Look, every single time there's been intervention in the market, it is a bandage. Sometimes you can make the argument that it's really necessary to avoid a whole lot of damage and hurt to people. That would be in the middle of a really big crisis typically. And even in those cases, many people are like, "Nah, man. Let the banks fail. Let the businesses fail. let them all get laid off. There's still arguments for that in the extreme case that you should just not dink with the market. But these little mini interventions when there isn't really a crisis other than I don't really like how the yen is trading versus the dollar or I don't really like where yields are. Then we come in and do some little bit of intervening. It always gets reversed. In fact, just to be clear, every single prior United States or Japanese intervention into the yen has literally been reversed by the market. Usually takes a few weeks, sometimes a few months, but it always ends up being a temporary bandage. In my opinion, it's literally like taking a Spongebob Squarepants bandage, like one of these little children bandages, and using it to try to patch a leak on the Titanic. And right when you put the bandage on, you send off fireworks and go, "Look, look at the bandage we placed." And then now all the market participants or passengers on the ship who previously weren't worried about a leak on the ship are like, "We have a leak. It's that bad." And that's what you did to try to fix it. So now everybody is talking about yields. how literally within 24 hours I remember when I was asked about this in yesterday's course member liveream like Kevin they're intervening in the treasuries I'm like this this is like business people trying to think that they can dink with markets and that it's actually going to accomplish something it's not and it's just going to make things worse this is called cankicking so here's what happened yesterday uh Treasury Secretary Scott Bassant pledged to provide liquidity support by borrowing more shorter term high yield debt and using that to buy longerterm treasury bonds. You're bas basically issuing bills to buy bonds. The goal here was to temporarily well hopefully in their minds longer term. The goal was to bring down yields on the rising 10-year and 30-year especially since the 10year has now broken out. We're above 4.57 and that's now become a floor. So, we're higher than that. We got this intervention. We dropped nearly to 4.57 and now we're right back over 4.71. Oil prices now even higher than where they were before the intervention, which this wasn't an intervention into the oil market. But one of the concerns that I've been flagging is that oil prices are going into the 90s. Well, the 80s, not the 1980s. But we've been flagging this for a while and it's like, oh well, not a surprise. Look at this. We're almost at 94 bucks now on Brent. And when we look at bonds, the 10-year Treasury is essentially right back at 4.7. So Treasury investments work here did nothing. It was really an embarrassment. But now you've actually created more problems. Now you've signaled that the US government is willing to intervene in your bond investments. And that I think is part of the reason why we saw Bitcoin skyrocket in the last 36ish hours. More on that in just a moment. But you have to understand now everybody's looking at the hole in the side of the ship and they're like, "Huh?" Okay, so we've got the Iran economic warfare threat. You know, Donald Trump literally last night said, "We're going to have a crushing operation. This is going to be the greatest crushing operation taken against any country ever before. It's supposed to be like an economic D-Day. They were supposed to announce the economic D-Day efforts this week. We made a video this weekend about it. You could see it on the channel just a couple days ago about some of the things that they can do. Uh part of this has to do with our strategic nuclear weapons strategy. I know that sounds redundant. Strategy on strategic nuclear weapons. Uh surprisingly not redundant in that sentence. Uh and and then because strategic refers to smaller nuclear weapons and so we have our strategy for smaller nuc um but then also you know what could happen in the Caspian Sea in terms of intervening with previously just commercial shipping routes that could now become a global economic warfare especially if Ukraine gets involved and Russia get more involved and you sort of merge these wars into really a world war. We don't like talking about that but we just have to be real. So all of that isn't good. I don't know that they're going to try to announce these policies while the market is red and bleeding, which uh you know is not that much of a surprise. That's why when after the research this weekend and what we saw happening this weekend, I opened up Monday morning open course member live stream. You know, stock market's at 7:35. I'm like, guys, I'm I'm worried we're going to not only test 715 on the cues, but we're probably going down to 685 by next week, mid next week. And so far, and I'm not trying to be a bear here because I'm actually bullish towards the end of the year. I'm just like between now and Jackson Hole, we're probably going to have a buy the dip opportunity. And if you actually look, we hit my 735 target, which we had our target on the upside. We hit that target. We hit our 715 target on the upside. We crushed it on the alpha reports on Monday. We're like, I I don't know. This is a top. We're probably going back to 685. And look at this. Now we're losing that very 715 line and we're kind of rejecting against it. In fact, this morning, this is basic technical analysis here. We rejected 715 within 6 cents was the rejection. So, obviously, if you're not part of this yet, join us over at meek.com. You know the drill. We've got a massive probably one of the biggest price increases and and payment changes that we're doing to the program. uh uh next um on on the 27th on Jackson Hold. That'll be the next coupon expiration over at me.com. That's going to be a big puppy. Uh prices are going to be a lot higher afterwards. So consider joining and locking in your price. But you have to understand what what happens here when you get Treasury intervention and why that is such a bullish signal for Bitcoin. So first of all, when you issue bills, you actually raise yields in the short term, which isn't great. Like the two years Treasury, you're buying the long term. you're temporarily getting a little bit of a reprieve on the 10-year and 30-year, but what you're really doing is you're printing money at the Fed, uh, which increases the US debt to go buy an asset that is losing money. And it's just getting worse now that you've now introduced more what they call term premium risk. Let me explain a few things here. What they're doing is they're not actually creating any kind of quantitative easing. They're just rearranging their debt. So the numbers on the spreadsheet are just getting rearranged. It's really just a market distortion. And what it signals to the markets is crap, we actually have to contend with a government that's willing to dink with our bond market, the biggest bond market in the world. We don't like this intervention. This intervention actually suggests we might want to invest at least in the short term while the US is on this interventionist tirade. first Japan, now the US bond market. Let's go invest in something that's not interventionist to some extent. You could argue Michael Sailor is an intervenor, but uh crypto actually, in my opinion, rallied on the back of this US intervention because people are like, "No, this is a middle finger to your interventionism into the markets and what can I buy that can't be intervened with?" People say Bitcoin. So, I think Bitcoin's rise is a way of saying f this. Now, in fairness, the White House did hold a summit on crypto yesterday. The Senate punted the vote on the Clarity Act, but the CFTC chair came out and said that if Congress doesn't act, we will one way or another. And Donald Trump explicitly mentioned he wants to bring decentralized DeFi platforms into US compliance. Uh, and and so this led to a lot of bullishness in crypto that probably drove some of the buying, especially since Michael Sailor has been a net seller of Bitcoin since late July. They sold another 1638 Bitcoin on August 3rd, another 1,690 on August 10th. They want to shore up their cash reserves. All of that not fantastic, but it's possible that if you really wanted to signal to markets that Bitcoin is better than US government debt, what a great day to do it yesterday, you know, right? So yesterday, not only do you have a crypto event, so everybody's hyped on crypto, but you got the government saying, "Hey, you got to be careful. they're going to mess with your bond market. You got to be careful here because they're willing to dink with the market. Perfect day to maybe engineer some buying pressure for Bitcoin. I think that's exactly why we saw the pop in Bitcoin now over 70k. And it's logical, too, because it's just a middle finger to the government dinking with the market. Now, the real problem is you're now increasing term premiums in the bond market. So, that's the next issue. What that basically means is somebody who's like, "Hey, I want to go buy bonds because I think they're going to be a good investment and uh, you know, I think uh, you whatever. I want the yield and I think they'll go up in value or whatever." Now, you have to contend with the government coming in and going, "Oh, well, we're actually going to pick winners here. We're going to pick that right now 10 and 30 years are going to be the winners, and if you bought two years, well, you're going to lose money." And a lot of people look at that and go, "What? I wasn't expecting that. Now I have to build that volatility, that potential risk into my models. Now I'm willing to pay less money for bonds, which actually just increases the yields net on net, which is exactly what happened, which is also very interesting because yesterday in the alpha report, we put out an alert that we thought Mona had a lot more room to run from where it was in the pre-market. In the pre-market, this puppy was at 122ish bucks in the pre-market. And we made the argument that this has a chance of running all the way to $200. Because in short-term trade momentum, we are going to see people go, "Wait a minute. This applies to more than just skin cancer. This applies to all large cell masses, lung cancer, kidney, pancreatic, whatever. This is a huge potential for the market and it's in combination with Merc. You know, Eli Liy sort of benefits just from being in the healthcare space. There is AI that is being involved in sort of it's algorithmic style AI. It's not like purely Gen AI that's being used to help develop these drugs, but there's an AI story here. There's a lot. So, we made the argument this had a really good chance of running like crazy yesterday. This morning, we're like set trailing stops. You know, this is probably going to reverse. This is all written and documented in our alpha reports by the way in our course member live streams. So like you know this this is not like Monday morning quarterbacking. This is literally what we said beforehand in our alpha reports which you could be a member of at mec.com and get lifetime access to those alpha reports. And a lot of people read the alpha report every single day. Thousands of people are reading this every single day. And what's remarkable is we literally skyrocketed yesterday uh from this pre-market, you know, 122ish position to $195 at the peak right here. Phenomenal. Obviously, give back on day two. This is not uncommon. We talked about this as well because if you look at the latest squeezes that you've seen in markets, they usually only last a day. Sometimes they last a second day, but they usually it's usually one day is the good day and that's it. And then people start, you know, getting stopped out. So that's not highly uncommon for the uh the smaller company squeezes. Okay. So bottom line for all of this, you know, Scott Bessant can yap about this all day long about, hey, we believe that the fundamentals are different. you know, we believe that, you know, what we're doing is reasonable, whatever. None of that crap matters because it's still market interventionism and people don't like that. Now, one thing that we're going to do is we're going to pull the wire service and we're going to be able to look at some of the headlines coming through and some of the commentary coming through from what Scott Bessett is saying. Uh and so what we've got uh in just the last few minutes over here is we've got Bessen. Nothing magic about the $40 trillion debt number. What he's trying to do is he's trying to brand that just because the US economy has broken 40 trillion like broken into $40 trillion of debt. It doesn't mean that things are necessarily bad. Like nothing's really changed. He actually then goes on to say, and I'm seeing this on the wire service, quote, "Very good chance we have seen the peak deficit." Okay. All right. Yeah. Let's get some more tax benefits and some more tariffs and uh and and and we'll be fine. Don't worry. This is it. This is the worst it's going to get, right? Uh Bessant does go on to CNBC and we're seeing this on the wire service here to say that uh the buyback could actually be more uh than $4 billion that it could actually be greater than this. Uh there is also commentary here coming through that Bessin on buyback probably going to announce increased focus on fiscal consolidation. whatever he's really trying to brand that what he did is totally reasonable and there's nothing secret here. You could see again this on our wire service here. Uh part of this is signaling. I mean, he's literally saying the quiet part out loud because he wants to show that yields don't reflect underlying fundamentals. Well, then why don't you actually fix the forever war that you just created that your administration said would not happen when they wanted to get elected. And then, wow, what a surprise. Now we're getting the opposite. People always then I get the people in the comments like, "Well, you voted for Trump." No, I didn't. I told everybody very clearly that I hate politicians. I sit so damn in the middle that there's no way I'm going to vote for anybody like Donald Trump. and that I was more likely to just write in meet Kevin or Mickey Mouse. I really like the idea of all of us just writing in meet Kevin, although I wasn't born in the US. So unless Arnold Schwarzenegger can petition the Supreme Court and create a precedent that you could run for president uh without having been born in the US, I'm probably screwed. It's all right. It doesn't matter. Uh but remember this alphire service? You could get this in the Meet Kevin app. Just download the Meet Kevin app uh over at uh the Google or Apple App Store. Just type in Meet Kevin uh into it and you'll see it there. But uh but anyway, you know, this is all just jaw boning. This is the idea here is we're trying to get uh Bessant to come out and say, "Hey, you know, uh y'all should go buy treasuries. They're going to go up in value." But that doesn't compare to the fundamentals that we have a Federal Reserve that might have to increase rates here because of the inflationary pressures that you guys are creating with your policy, tariffs and Iran and obviously tax cuts. It certainly doesn't help that when you come out and go, "Oh yeah, you know, maybe now we need to cut the capital gains tax as well. Great. Let's help rich people out more." Now, don't get me wrong, all of us listening, we're like, "Ah, come on, Kevin. Shut up about that. We'll we'll take the capital gains cut. I get it. We got lots of capital gains, too." We're like, "You know what? Hell yeah, we benefit from that. We'll take it. But it's from, you know, a fiscal uh uh you know, budget balancing move. It's literally the opposite of what we should be trying to do, you know, and and like the guy can't even keep his story straight. Look at this. US Treasury Besset rates have nothing to do with the buyback decision. Well, yeah, they do. Because when you say the fundamentals don't reflect or like the rate market right now doesn't reflect fundamentals. You're basically saying the rates are too high. Like you know price and rates are correlated on bonds. Come on man. Oh my gosh. It's just like does the guy actually think people are that stupid? Whatever. Now I did mention that we would have a little comment uh about hiring. So uh we have so many things that we're building with Reinvest. We're really excited about it. uh you know the meet Kevin app is is all a reinvest product uh the alpha membership the artificial intelligence we're building out not only for the stock market but also for homes with our homes AI product uh which is really kicking butt uh and it just gets better every single day. These products are so great and and so we need some help uh we need help with um some of the in-house property management that we do some of the uh development products uh for uh you know our pipeline editing videos content short-term production long-term production you know content production uh basically anything that we need help with in the office we need somebody to help us with and so if you're interested in a job uh unfortunately you do have to be local to Southern California So, what we ask is that you put together a little one minute video and you're like, "Look, man, I guess it would be more like this. If I'm going to come out to SoCal, I'm going to want to be paid this much of a salary with the potential for stock comp. Uh, and this is how much I need to relocate out there and uh here are some of the skills I have and how I can help and you work hard and all this kind of blah blah blah blah." You could send that to staff at meetinvest.com. actually really happy I bought that domain for $13. Reinvest.com was a million dollars and I'm like, am I going to spend a million dollars of the $16 million of liquid assets the company has now on a domain? I think not. So, meet reinvest.com it is. We have reinvest.co, but come on. Is not as sexy. Well, I mean, it's pretty nice, but you know, that's hard to write in an email. Staff reinvest.co. Wait Commhoo staff at mereinvest.com. Send it over there if you have any other questions about even the programs or what we offer. You're welcome to uh check that over. Um check that out as well. Let's go see what else Besson is saying right now since this is actively going on. If countries insist on doing business with Tan, we will enforce actions against them. We will have a coordinated economic isolation against Iran. And oil markets are misinterpreting what economic pressure means. No. Like again, it's literally like this guy thinks we're stupid. It's like, oh, no, no, no. Oil's wrong for going up when we say we're going to crush the regime. Uh, bonds are wrong for going up or the yields going up for saying we're going to, you know, create economic pressure. They're actually wrong. All this guy is doing is tripling down on the interventionism. He literally says, "We're going to crush the regime and we're going to have the toughest sanctions in history. We're going to court curtail Iran's ability to take action through proxies." Yeah. Well, we'll see about we we'll see how this all plays out. But look, bottom line about all of this uh a you can get this alpha wire totally uh for free for now over at uh the Meet Kevin app. A lot of people are using this. They have it up on their computer. Uh once you download the app, Meet Kevin in the app store, Apple or Android, you could use the alpha wire for free on your iPad or phone or whatever you want, but you can also log in with that same information at app.mmeke.com and then you could just literally leave a window open like this, which is kind of cool. Uh so we like that. But um look, bottom line, uh short-term bearish between now and what we get at Jhole. Hopefully it's not bearish between Jhole and uh the Fed day on September 16th just because that would be a lot of bearishness. That'd be like a month. I'm actually still optimistic between now and the end of the year. So, we got a lot of stocks and plays that we're going to keep buying the dip on. We think there'll be a buy the dip opportunity between now and the 27th. So, longerterm optimistic, shorter term, we got some issues to deal with. And as always, go to meet.com, use coupon code jhole. massive expiration on August 27th. Thanks for being here and we'll see you soon. Goodbye and goodbye. >> Why not advertise these things that you told us here? I feel like nobody else knows about this. We'll we'll try a little advertising and see how it goes. >> Congratulations, man. You have done so much. People love you. People look up to you. >> Kevin Praath there, financial analyst and YouTuber. Meet Kevin. Always great to get your take.