Bonus: Daily Review with Clay and Buck - Aug 4 2026
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What is the main topic discussed in this episode?
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Welcome and we are rolling with the Tuesday edition of the Clay and Buck show. A lot of big stories to follow. We have got Michigan primary day. Haley Stevens going up against Abdul El-Sayed on the Democrat side. They will face on the Republican side Mike Rogers and Abdul Al-Sayed is right now, Buck, a 98% according to the prediction markets to win, which means the far left wing candidate is likely to be picked today by Michiganders. And that will then lead to, I believe, a very winnable race for Mike Rogers. Also, Republicans selecting their GOP nominee for governor. John James is favored in that race to be the Republican nominee. That is an open seat after Gretchen Whitmer is term limited out. So we will be talking some about the fact that that is going on and what the significance of the Michigan primary vote could tell us about how popular the
and other big blue locales, what is going to play in a purple state.
What are the Michigan primary stakes and why does Abdul El‑Sayed matter in swing states?
We've got a crazy, speaking of purple states, we've got a Francesca Hong, who is emerging as one of the craziest potential major party nominees that we have seen in a very long time, as she is favored to be the Democrat nominee in the state of Michigan. A little bit of a panic is starting to set in there. Buck, super positive right off the top. Record high stock prices. As I am talking to all of you this morning, never before have your 401ks, have your stock holdings been more valuable. S&P 500 surging to, as we speak, a new all-time record high. We also have the Dow Jones at an all-time record high and Buck. Just tooting our own horn a little bit here. Back in April of 2025, which wasn't very long ago, the economic geniuses of the expert class told all of us that the economy was headed for a recession and things were going to collapse.
At that point in time, the S&P 500 had dropped to around 5,000. On this program, last year in April, we said, hey, it's probably a good time to buy stocks. Don't listen to the panikins out there. Don't allow yourself to be motivated by emotion here. At a minimum, hold on to your stocks. If you have extra money on the side, this would be a good time to buy. Stock prices up nearly 3,000 points in the S&P 500 since that day. Well over 50% returns just in the past year. Now, what is the stock market going to do on a day-to-day basis? Nobody knows. But over time, you're going to make about 10% a year in S&P 500 index funds. And if you are a stockholder, if you have retirement accounts, if you have a 401k, if you have opened a Trump account for your young children out there, as many of you have grandchildren as well, like Buck did for his own one-year-old, it is a good time to be invested in America.
Things are very positive out there when it comes to stock market prices as we begin the show today. It's a lot of positivity for you, Buck. Is that setting off your negativity alarm bells? Is that too much positive news right out of the gate here?
Yeah, I'm hearing people say that the Texas Senate seat is going to be competitive, Clay. I'm hearing crazy talk. By the way, we have Ken Paxton joining us. Yes. That's what we call a tease in the business. We have Ken Paxton joining us to dispel these rumors, although he does want as many of you to show up as possible for that Senate race to vote for him. But he he I'm sure is going to give us a different take than what the the Democrat media has been saying about that race. We've got the Michigan Senate race today. We have the Wisconsin gubernatorial candidate who is a total whack job. OK, a really Looney Tunes level candidate. And she is she could win. She well could be the next governor of Wisconsin, and obviously that affects what is a very important and critical toss-up, Purple State, for the next election cycle for president, plus more people talking about Clay's $10 million WNBA offer.
So we have a lot of things to get to. I will also note, thank you for joining us for the live stream yesterday. Sorry the live stream didn't get so live, but we do have on YouTube a special with our friend Aaron Wexler.
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Chapters
5 chapters
1
What is the main topic discussed in this episode?
0:00–1:32
2
What are the Michigan primary stakes and why does Abdul El‑Sayed matter in swing states?
1:32–9:24
3
How are record stock market highs being framed and should investors 'bet on America' now?
9:24–32:29
4
Why is Francesca Hong’s 'cancel Thanksgiving' remark generating controversy in Wisconsin?
32:29–50:30
5
What is the 'race communism' critique and how do Clay and Buck say it shapes progressive politics?
50:30–1:04:43
Speakers
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