Vince Colonese
๐ค SpeakerAppearances Over Time
Podcast Appearances
I'll take it. I'll take it. So Puke12 writes in the chat, Puke, go ahead. Puke says, I'm calling bullshit on this. Good. Tell us what's bullshit about it, Puke. And as soon as you do, I'm going to let EJ know and then we'll talk about it. Because you're just looking at the cold hard numbers here. Right. So tell me how it is that President Trump can do this.
I'll take it. I'll take it. So Puke12 writes in the chat, Puke, go ahead. Puke says, I'm calling bullshit on this. Good. Tell us what's bullshit about it, Puke. And as soon as you do, I'm going to let EJ know and then we'll talk about it. Because you're just looking at the cold hard numbers here. Right. So tell me how it is that President Trump can do this.
I'll take it. I'll take it. So Puke12 writes in the chat, Puke, go ahead. Puke says, I'm calling bullshit on this. Good. Tell us what's bullshit about it, Puke. And as soon as you do, I'm going to let EJ know and then we'll talk about it. Because you're just looking at the cold hard numbers here. Right. So tell me how it is that President Trump can do this.
So like, you know, oftentimes when we talk economics, if it's a bad thing, politicians will disclaim it. They're like, I have nothing to do with that. It's outside my control. If something good happens, they take credit for it. Tell me why the shift from Biden to Trump is having an impact on the numbers you just described.
So like, you know, oftentimes when we talk economics, if it's a bad thing, politicians will disclaim it. They're like, I have nothing to do with that. It's outside my control. If something good happens, they take credit for it. Tell me why the shift from Biden to Trump is having an impact on the numbers you just described.
So like, you know, oftentimes when we talk economics, if it's a bad thing, politicians will disclaim it. They're like, I have nothing to do with that. It's outside my control. If something good happens, they take credit for it. Tell me why the shift from Biden to Trump is having an impact on the numbers you just described.
So, yeah, OK. So a new administration provides economic certainty and that has big impacts for the rest of us. Got it. All right. So Puke 12 is back. He wanted to. So I did ask. And rightfully so. He said that he thought this was bullshit. And here's what he says. He wants to know about prices of homeowners and auto insurance.
So, yeah, OK. So a new administration provides economic certainty and that has big impacts for the rest of us. Got it. All right. So Puke 12 is back. He wanted to. So I did ask. And rightfully so. He said that he thought this was bullshit. And here's what he says. He wants to know about prices of homeowners and auto insurance.
So, yeah, OK. So a new administration provides economic certainty and that has big impacts for the rest of us. Got it. All right. So Puke 12 is back. He wanted to. So I did ask. And rightfully so. He said that he thought this was bullshit. And here's what he says. He wants to know about prices of homeowners and auto insurance.
So apparently Puke has detected that homeowners and auto insurance is up still. You did mention a moment ago, of course, that prices still continue to rise. The key element that we're talking about is that incomes are now starting to rise above prices, which really matters a great deal. But you You are seeing that in the insurance markets.
So apparently Puke has detected that homeowners and auto insurance is up still. You did mention a moment ago, of course, that prices still continue to rise. The key element that we're talking about is that incomes are now starting to rise above prices, which really matters a great deal. But you You are seeing that in the insurance markets.
So apparently Puke has detected that homeowners and auto insurance is up still. You did mention a moment ago, of course, that prices still continue to rise. The key element that we're talking about is that incomes are now starting to rise above prices, which really matters a great deal. But you You are seeing that in the insurance markets.
Is this the same thing? Is this the same phenomenon with gasoline? Is the rocket feather kind of situation where insurance prices will go up quickly because they anticipate future spend, but they come down more slowly because they don't want to ease up on consumers too quickly?
Is this the same thing? Is this the same phenomenon with gasoline? Is the rocket feather kind of situation where insurance prices will go up quickly because they anticipate future spend, but they come down more slowly because they don't want to ease up on consumers too quickly?
Is this the same thing? Is this the same phenomenon with gasoline? Is the rocket feather kind of situation where insurance prices will go up quickly because they anticipate future spend, but they come down more slowly because they don't want to ease up on consumers too quickly?
Yes. Yes, indeed. Okay. Let's talk about new investment in the United States of America. What where is it as far as you can tell how much more money and what kind of difference is going to make to the economy? Because the president has been proud of this. Rightfully so.
Yes. Yes, indeed. Okay. Let's talk about new investment in the United States of America. What where is it as far as you can tell how much more money and what kind of difference is going to make to the economy? Because the president has been proud of this. Rightfully so.
Yes. Yes, indeed. Okay. Let's talk about new investment in the United States of America. What where is it as far as you can tell how much more money and what kind of difference is going to make to the economy? Because the president has been proud of this. Rightfully so.
There are verbal commitments. There's verbal commitments where the president will come out and say something like $10 trillion. But in terms of just actual money flowing in that we know is coming in, you're saying it's at least $4 trillion right now.
There are verbal commitments. There's verbal commitments where the president will come out and say something like $10 trillion. But in terms of just actual money flowing in that we know is coming in, you're saying it's at least $4 trillion right now.