Valuetainment - August 14, 2025


＂Trump Is Laughing At EVERYONE＂ - Fed Drops SHOCKING Rate CUT Prediction After Inflation Report


Episode Stats

Length

9 minutes

Words per Minute

193.85884

Word Count

1,833

Sentence Count

180

Misogynist Sentences

1


Summary

Join us as we discuss the latest in the race for the next chair of the Federal Reserve. Fed Governor Michelle Bowman and Governor Christopher Waller dissent the July 25th decision to keep the benchmark fed funds rate at 4.25% and 4.5% respectively.


Transcript

00:00:00.000 Fed governor remains, maintains outlook for three interest cuts in 2025.
00:00:08.140 Okay, so three cuts now? 2025? That's what they're saying?
00:00:11.980 Yep, they're saying three cuts in 2025.
00:00:16.920 Let's read this here.
00:00:18.660 So, Federal Reserve Governor Michelle Bowman, vice chair of supervision,
00:00:23.060 reiterated a projection of three 25 basis point interest rate cuts in 2025,
00:00:27.660 despite the Federal Open Market Committee decision to maintain the benchmark federal funds rate at 4.25 to 4.5.
00:00:34.920 She spoke at Kansas Bankers Association 2025 CEO Manager and Senior Management Summit in Colorado Springs, Colorado,
00:00:40.620 emphasizing her dissent from July decision alongside Fed Governor Christopher Waller,
00:00:45.660 marking the first dual dissent favoring cut since 1993.
00:00:51.240 Bowman Baster stands on the signs of fragility in labor market conditions,
00:00:56.580 stating economic conditions appear to be shifting,
00:00:59.660 and as a result, we should reflect this shift in our policy decision.
00:01:03.600 Tom?
00:01:04.280 Yep.
00:01:05.020 This is the individual that I gave credit to, and I said, you know what?
00:01:09.680 This is the first time in 32 years that we had dissenters, and she was right.
00:01:15.620 And I commented at the time that I thought that Weller, Waller, excuse me, was saying it because he actually wanted to be...
00:01:24.920 Justin Waller?
00:01:25.740 Yeah.
00:01:26.080 Well, he actually...
00:01:26.900 No, no, Christopher Waller.
00:01:27.800 He actually wanted to be the next Powell.
00:01:31.140 And so I said, well, him dissenting, you know, okay, but he's kind of campaigning.
00:01:36.600 But Michelle Bowman was absolutely, I think, well within her rights and was correct about the dissent.
00:01:42.920 And now she's saying we're going to get three cuts, which will be September 16th, 17th, October 29th, and December 10th.
00:01:49.140 25, 25, 25.
00:01:50.580 That's what she's looking at.
00:01:51.760 And by the way, if you go look at CME, CME, which is the federal tracker of the Federal Board of Governors
00:01:58.380 and what they say at their speeches and stuff.
00:02:01.940 Here we go.
00:02:03.240 CME, Fed tracker.
00:02:04.440 Just say Fed tracker.
00:02:05.940 Let's go take a look at where it is.
00:02:07.720 It was, okay, 35 days, three hours and 36 minutes.
00:02:11.780 You even have a countdown clock here, Pat.
00:02:13.920 It's amazing.
00:02:14.780 Now go down, just go down.
00:02:16.300 And oh my goodness, what does that say at the top of that blue bar?
00:02:21.440 Oh my gosh, 97.9%.
00:02:24.600 Is that what that says?
00:02:25.780 Yes.
00:02:26.200 97.9% chance that we're going to get a cut coming up here on the 16th, 17th of September of a quarter point.
00:02:33.120 I think she's absolutely right.
00:02:34.980 And she's out there pushing it because we are seeing a little bit of unemployment.
00:02:39.540 We're seeing things that make sense for the cut.
00:02:42.180 And so I happen to be right there with Michelle Bowman.
00:02:46.240 And I think she's had the guts to stand up.
00:02:48.960 First time in 32 years, we had two governors actually stand up in dissent.
00:02:52.880 Although you got to discount Waller a little bit because he's kind of lobbying to be the next Powell.
00:02:58.100 Interesting.
00:02:58.640 All right.
00:02:58.960 Did you hear who Scott Besson said that Trump's considering?
00:03:03.200 Yeah, Janet Yelling.
00:03:04.240 Janet Yelling.
00:03:04.860 Yeah, that's kind of interesting.
00:03:05.800 That's kind of interesting, isn't it?
00:03:06.800 Very much so.
00:03:07.540 It's called a team of rivals.
00:03:08.620 Rob, can you play that clip?
00:03:09.980 By the way, good hair.
00:03:10.380 Look at that hair.
00:03:11.360 Wow.
00:03:11.620 There's a lot of talk about it.
00:03:15.340 Chris Waller, Kevin Walsh, Kevin Hassett and so forth and other names.
00:03:19.460 You're casting a wide net.
00:03:21.580 Very, very wide net.
00:03:23.100 And as you know, more than, more than anyone,
00:03:25.640 the president has a very open mind.
00:03:27.200 He even considered Janet, re-appointing Janet Yelling.
00:03:31.020 So we, we want to see what everyone's thinking.
00:03:33.980 It's not ideological.
00:03:35.480 It's about economics.
00:03:37.000 What's best for the American people?
00:03:38.580 What's best for the economy?
00:03:39.900 And as I talk to the candidates, I'm looking at three things.
00:03:45.640 Monetary policy, regulatory policy, and the ability to run and revamp the organization.
00:03:52.460 Because it's really gotten bloated.
00:03:54.980 And I think that this bloat puts its monetary independence at risk.
00:04:00.020 Well, you've said.
00:04:01.760 All right, there you go.
00:04:03.340 The fact that he is entertaining Janet Yelling.
00:04:07.600 Now, that could also be a misdirection.
00:04:09.360 That also could be something that they're trying to throw you off.
00:04:11.680 But I think Trump is a guy that would actually entertain a Janet Yelling.
00:04:16.360 I actually think he would entertain it.
00:04:17.820 I think Trump's the guy that would be open to it, Tom.
00:04:20.060 Yeah, sure.
00:04:20.300 And I think in team of rivals, you have to think about things.
00:04:24.680 A friend of mine from inside the administration said that Besson's hat wasn't thrown into the ring by Besson.
00:04:34.620 And Besson's hat was thrown into the ring by Lutnick, who felt that he'd be a strong candidate.
00:04:39.280 And then Lutnick kind of self-nominated and said, and if you need somebody over at Treasury, I'd be glad to do it.
00:04:44.500 So I think we've got a lot of really good people and a team of rivals.
00:04:49.140 And that answer from Besson, we just heard there, I thought was balance.
00:04:52.800 And he's talking about the exact things the economy needs.
00:04:56.800 This place is being run like a business now.
00:04:59.780 And guess what?
00:05:00.680 It's showing up in the results.
00:05:02.280 I've got to be honest with you.
00:05:03.200 I'll go real quick.
00:05:03.820 I think I'm very impressed with Scott Besson.
00:05:05.760 He seems very capable.
00:05:06.960 I mean, he's the one who allegedly got Elon Musk out of Doge.
00:05:09.940 But let me take one quick angle right now.
00:05:12.020 Don't look now, but this is the richest I've ever been.
00:05:16.800 I'm assuming this is the richest you've ever been.
00:05:18.800 I'm assuming this is the richest you've ever been.
00:05:20.460 I know this is the richest you've ever been.
00:05:23.140 Inflation is down.
00:05:23.920 I lost a lot of money when I bought my truck.
00:05:26.000 The S&P 500 is at all-time high.
00:05:28.480 NASDAQ is at all-time high.
00:05:30.080 Dow is reaching all-time records.
00:05:31.660 Bitcoin at all-time high.
00:05:33.380 Things are looking pretty darn nice.
00:05:35.320 And, you know, you have zero control of what the Fed does with rate cuts.
00:05:39.900 Zero.
00:05:40.300 Goes up, Trump fires Powell, hires Yellen.
00:05:43.760 Whatever happens, happens.
00:05:45.180 But you do control your bank account.
00:05:47.020 You do control how hard you work.
00:05:48.680 Work, earn, save, invest.
00:05:50.820 Work, earn, save, invest.
00:05:52.420 Do it on rinse and repeat.
00:05:53.900 Keep your costs low.
00:05:54.700 Stay the course.
00:05:55.560 And here's the biggest thing.
00:05:56.760 Tune out the noise.
00:05:58.500 Three, four months ago, they thought the world was falling apart.
00:06:01.300 Tariffs.
00:06:01.820 Oh, my God.
00:06:02.720 Now we're at all-time highs.
00:06:04.120 Donald Trump is sitting there laughing at everybody that thought the economy was going to tumble.
00:06:08.240 And now, take your money to the piggy bank, Vinny.
00:06:11.680 Yeah.
00:06:12.240 I mean, look.
00:06:12.900 It's, again, three times I don't know.
00:06:16.080 Janet Yellen possibility.
00:06:18.840 A lot of moving parts.
00:06:20.460 But we'll see what's going to happen here with the story.
00:06:22.280 August 27th.
00:06:23.240 And at our property here, okay, in a hangar, at our, you know, property that we have in Fort Lauderdale, our headquarters, we're holding a special networking opportunity.
00:06:33.880 A lot of you guys keep saying, Pat, I want to come see the property.
00:06:37.120 I want to come see the property.
00:06:38.440 Most people don't know this.
00:06:39.420 We're building the biggest futsal field right now that is 3,000 feet, square feet, bigger than the biggest futsal field, the traditional ones that you see.
00:06:48.480 We're building one right now.
00:06:49.440 What's a futsal field?
00:06:50.680 The futsal field, it's, anyways, the people that know, they know.
00:06:53.200 It's a soccer field.
00:06:53.440 I don't understand.
00:06:54.700 Yeah, no, no, no.
00:06:55.460 Listen.
00:06:56.120 So we're building it here.
00:06:57.160 We're doing a bunch of different things on our property.
00:06:59.540 We want to give some of the people an opportunity to come and see the property.
00:07:02.580 And some of you guys, I want to give you a tour when you come down here.
00:07:05.320 So here's what we're doing.
00:07:06.400 August 27th.
00:07:07.940 Anybody that's bought a vault ticket, that's going to the vault conference, that's out of South Florida.
00:07:13.980 You can be from anywhere if you want to come participate.
00:07:15.980 But specifically for the people that are in Florida, if you bought a ticket, general, you're invited.
00:07:22.180 Our team will give you a, you'll be able to network with others.
00:07:25.900 Platinum and executive ticket holders, you're going to get a tour of the entire property.
00:07:30.780 Founder and CEO ticket holders, I'm going to give you a tour of the property.
00:07:36.000 Myself.
00:07:36.440 I'm going to show you exactly everything that we're doing here.
00:07:38.820 But you have to be a ticket holder.
00:07:40.760 And if you haven't bought the tickets yet, you have to see what we're going to have our center car outside the Formula One that we bought, the 1989 one.
00:07:46.820 We have a lot of things you'll see what we're doing behind closed doors.
00:07:49.560 This year's vault conference is going to be absolutely epic.
00:07:52.960 If you're somebody that's got big plans, second half of the, I keep telling this to people, do not go through this year by yourself.
00:07:59.640 This is the worst year to go into 2026 without getting the strategies that others are having.
00:08:05.760 By far the worst, whether it's AI, human nature, real estate, insurance, finance, raising capital, networking with others.
00:08:13.920 Myself, Tony Robbins, Martha Stewart, David Falk at the number one business conference of the year that teaches you what to do when you leave.
00:08:20.440 It's not like rah-rah motivation.
00:08:22.100 Here's how we do this 300-page manual that will be given to everybody.
00:08:25.580 If you haven't yet bought your ticket, go to the vaultconference.com, buy your ticket.
00:08:30.260 Then, Rob, if you can put the link below for the people that have already bought a ticket, because you've got to register, because it's only for the first 200.
00:08:36.540 We're not doing it with 2,000 people showing up here.
00:08:39.140 First 200 register, locked in, that's it.
00:08:41.340 Each person that bought a ticket, you'll get to bring one person with you to see the tour, whether they have a ticket or not, it's not a problem.
00:08:47.800 But the first 200 register, you'll be able to come join us.
00:08:50.160 You just have to prove to us that you bought a ticket, and our team will verify that.
00:08:53.360 Rob, what is the link for them to go to register for this?
00:08:55.640 Is there a link that you have for it?
00:08:57.060 It's actually pinned inside of the chat on YouTube.
00:09:00.320 Okay, but is there a link for it for people that are only listening to audio, like if it's in different places?
00:09:06.340 Not that I'm aware of.
00:09:07.380 I can look and find it.
00:09:08.360 Well, I would say maybe send an email to info at vt.com.
00:09:11.100 Send an email to info at vt.com, and they'll send it back over to you.
00:09:13.900 But if you don't, it's a link on Spotify and on YouTube.
00:09:17.020 You'll be able to get to it to learn what that is all about.
00:09:19.880 I'm looking forward to seeing many of you here.
00:09:21.720 If you enjoyed this video, you want to watch more videos like this, click here.
00:09:24.560 And if you want to watch the entire podcast, click here.