Will Global Tensions & Market Volatility Impact Your Bottom Line?

Any examples used are for illustrative purposes only and do not take into account your particular

investment objectives, financial situation, or needs, and may not be suitable for all

investors.

It is not intended to predict the performance of any specific investment and is not a

solicitation or recommendation of any investment strategy.

This is another money show.

Get set for another hour of the latest financial information and economic news affecting your

bottom line.

JR and Anthony are committed to helping more Americans like you optimize their income,

reduce their tax risk, and reach financial freedom.

So let's start the show.

Here are your hosts, Anthony Careo, and JR Rochford.

Here we are, your host, Anthony Careo, and JR Rochford, taking a break from our day-to-day

as financial advisors with Rochford and Associates, a fully independent fourth generation.

Family office right here in the greater Phoenix area to bring the information you may

not find on those other financial radio shows.

We're aware the last thing you need is another money show, but we appreciate you being

here right at the beginning of World War III.

Correct.

Welcome to World War III.

Today is our end of the world episode.

Thank you for being with us.

So I know I say this every single week.

I say how much I have to get done and how much I have ready.

This week is the very most I've ever had lined up for the show.

So I am going to have to try to focus.

So I will tell you what, usually my average week and Anthony, you know this, but most

who don't, I spend about 8 to 10 hours a week reading articles, watching videos, gathering

information, doing research, and I come up with, I would say on average, 10 articles a

week.

How many did I send you this week would you say?

And I only send you some of them.

I should read all of them this week too.

Oh wow.

Well, then let's hit every single one.

I believe I got a total of 23 articles for this week.

I have a lot to get to.

I am going to focus and stay on track.

And we probably won't have time to do any deep dive into the articles, but I'll, I'll

cite the sources as the one and only Sam Davis has luckily told me to do because I never

knew that.

And you can dig in further if you want, or we'll send you the articles.

So you can reach out to us at 623-523-0444 or email us at team at another money show.com.

And we'll send you the articles so you can dig into them like I do.

And let's, so let's get busy.

Let's do the shout outs.

You know, I like to start out with shout outs.

We have a couple that I want to acknowledge.

They are, you know, how we're a small business.

We're a fourth generation, fully independent family practice.

We have met some people through our office manager, Macy, named Tim and Julie.

And I want to give them a shout out.

Talk about hard working entrepreneurs.

They own a smoothie shop.

Well, they bought into a new franchise called Mr. Pickles.

So I know Tim said that he would listen to the show if I gave him a shout out.

And I would have given you a shout out even without you saying you listen to the show.

That is my new favorite sandwich shop.

And I as a short fat man like sandwiches.

I like pretty much all food.

But anyway, so if you get a chance, I know there's several locations.

But our friends, Tim and Julie, they own the one on Happy Valley Road.

I want to say it's like a hundred and seventh avenue.

I don't know, it's between 99th Avenue and a hundred and seventh on Happy Valley.

So good.

You know, I love the bread at Mr. Goodsense.

I mean, I have different things I like.

I like the everything, the bread that they put so much meat on the sandwiches at Mr. Pickles.

So please make sure you make your way over there and support them because they are great.

We have a loyal listener.

She's newer with us, but she's a friend and a client now.

Her name is Carrie.

Carrie, thank you for continuing to listen.

She let me know that the bank episode a couple of weeks ago, and we dug into the insolvency

of the banks.

She said that was pretty, that was, that was a powerful one for her.

So apparently she even got her husband to listen.

So I appreciate that.

Another shout out.

We had, I had some people text me and call an email to wish me happy birthday.

So one wished me a happy belated birthday.

I know you're listening to us at five in the morning.

So Betsy, thank you so much for the email.

You made my day.

So thank you for continuing to listen.

And to small world, you know, I talk about Kevin every week and Michael C. from Sun City.

So I guess I don't have to bring them up today.

But thank you for all the people that are helping us with the show, too.

We appreciate it.

We had a new person come in.

Hopefully she's going to become a listener.

Her name is Evangeline, and if you are listening, thank you so much.

It was great to meet you.

We talked yesterday about the banks.

We got into everything.

We got into the stock market.

We got into every conversation that falls within financial planning.

You can imagine.

And one of the things that she had never heard that the banks have no money.

She had never heard about fractional reserve currency.

A lot of this stuff was new to her.

And I told her that the best thing she can do is make sure I'm on the right track.

And I wanted to give everybody, because she took notes.

I want to give everybody the simple instructions to see how much money is in reserves

on the FDIC website.

So I bring it up periodically, but I want to bring it up again,

because everybody that hears this, that doubts what I'm saying,

all you have to do is do a little bit of research.

Luckily, Al Gore invented the internet so we can all do this.

But let me give you the steps, and again, call us, email us,

and I'll get it to you in writing if you need it or whatnot.

But all you have to do is go online, go to FDIC.gov,

go to the upper right search bar, type in statistics at a glance.

And then when that opens up, click on the very first option.

It'll say December 2025 statistics.

So the new numbers are out.

So click on December 2025 statistics.

Then click on FDIC historical trends.

It's a PDF.

There's only two options, but do historical trends.

And then boom, a graph's going to pop up.

If you're older, like me, you will have to enlarge said graph,

because it's pretty fine, Brent.

But enlarge it, go down to the bottom left hand corner,

and look up, oh, we need this on YouTube.

Sam pulled it up already.

So go in the bottom left hand corner,

and when you see deposit insurance fund,

that is what is backing your money.

So when they tell you you're safe,

as long as you don't keep more than $250,000 per account,

you're great, you're golden.

If there's a modern day run of the banks, you're solid,

because they will bail you out.

I have bad news for you, kids.

The current number as of December,

and yes, it went up a little bit since last year,

they now have a reserve ratio of 1.42%.

You have to understand what I'm saying.

If you have $100 in the bank, they only

have enough to cover $1.42 of your money.

So act accordingly, pay down debt,

have some physical cash at home, especially

with some of the stuff we're going to talk about today.

Good night.

Do some of your grandchild gifting,

give each of those little boogers up to $19,000 this year.

Or give more and just do it in cash.

Let me talk about how to cheat the IRS here on a radio show.

But do other things.

Make sure you are awake and aware and nimble.

So that's all I have time for today in the banks,

but I thought I'd bring it up because we had a lovely conversation

yesterday, and it definitely piqued her interest.

So I think it will other people.

I want to hit up the markets a little bit here.

I wrote down last week on my outline, which I prepare every week.

I wrote down what was going on around me with prices last week.

And I'm going to compare and contrast what a difference one week makes.

Last week, oil was $66 a barrel.

Today, when I looked in this morning, it was at $78.68.

Last week, gold was $5,226 an ounce.

Today, it's $5,103 an ounce.

Silver was at $90.43 cents an ounce.

Today, it's at $82.23.

And Bitcoin was at $68,668 a coin.

Today, it's at $71,134.26 a coin.

Why I bring this up, you better be awake.

Gold and silver are holding at very nice levels.

They're a store of value.

They're God's money.

They're actually tangible.

You can hold them.

So be careful.

The world is on fire.

When Anthony says World War III, I know you don't think that could ever happen.

You do realize right now, if China decides this is the year to bring Taiwan back into

their fold, if something goes off, if Russia and China get together and say,

we are allies of Iran, you guys need to knock it off if a nuclear missile hits one

of our bases nuclear or a chemical biological warfare takes place or any misstep gives

right now.

Watch what happens to the stock market.

We already know.

If you listen to us, you know this.

The Dow Jones Industrial Average is only 30 companies.

Look that one up too, as you're going on FDIC.gov, poke around on the Dow Jones.

The S&P 500, they call it a weighted average.

It's been floated by 10 stocks or less for a decade now.

It's all smoking mirrors.

So be ready.

Our whole mission, since we've been doing this show, almost four years now, is to make

sure you're prepared and not scared.

We want to make sure you're proactive and not reactive.

And today's show is I'm sounding alarms louder than usual for a reason.

I think the stock market can go on forever.

I think we'll never have World War III.

We'll never have inflation, let alone hyperinflation.

I think all those things until they change.

And I just feel like I need to be more vocal because something is wrong in this world.

And you know what?

Last night, the masses watched the local news.

They watched the mass singer.

Good Lord.

If the mass singer is any indication of our country, we are in deep.

You know what?

So anyway, I'll give you a few examples on why I think you should watch things.

The Dow Jones, a few minutes ago, I looked in on it, it's down 800 points.

We work on a boom, boom, boom, what is the way, what do we work on Anthony?

Boom, bust, boom, the Anthony has talked about that movie for years.

I think it's, it was on YouTube last time you brought it up.

You need to find the movie.

Yeah, boom, bust, boom.

We have, we literally next week, we're going to hit the 17 year anniversary since the end

of the great recession.

The bottom of the 2008 correction was on March 9th of 2009.

We had some rough times in 22, 24.

We had the biggest steepest V type decline in the history of the stock market in the month

of March 2020, you know, COVID days.

So and that bounce right back.

So I don't know.

I mean, I, you know, my grandfather, when he started the practice, he, he used to subscribe

to certain rules like you save a little more and you spend by low sell high, those things.

I'll tell you what, you know, that was before high frequency trading computers and all the

rigged manipulation, you know, that was when things were simpler.

And right now, if you've had a 17 year run up in the market for all practical purposes,

if you started dollar cost averaging things out and I'm not giving you recommendations

without sitting with you, Anthony and I have to meet you and know your situation.

But in general, you need to understand if you've been making profits for 17 years and

you're not taking some off the table and locking it into hard assets or locking it into

other opportunities, you, you, you might want to start thinking about it at least and get

a second opinion on that.

And we are here to help.

If we can, let's dig into a lot of the stuff.

We're still in a government shutdown, I guess between Iran now and Epstein files Nancy

Guthrie.

Is that still a thing?

Did they find her?

Is she alive?

I ran shame on you for putting Nancy Guthrie on the back page.

Anyway, we, we have a lot going on.

So you got to be careful.

But we're still in a government shutdown.

So what, what does that mean?

I mean, how, how soon are we going to get back to that?

I looked in on US debt clock dot org this morning, we're at 38.8 trillion in debt now.

So we're soon to hit 39 trillion.

What is the magic number?

40 trillion, 50, 100, I, it's just, it's all adding up.

So we, we, we need to be awake.

That's all I'm getting at.

So one of the big stories right now, one of the big things going on, when you look at

Iran, you have to understand Iran is on top of Ukraine and Russia.

That's still going on.

Even though that's, that's, you know, further down the Nancy and, and then you have to think

that the Israel and Palestine issue is still on the table.

We went into Venezuela.

We actually took their leader, Maduro, and put him in New York.

I haven't heard where he is now or what's going on with that.

Cuba, we're, we're talking about having an issue with Cuba.

Maybe we're going to take that country over, which would be great for their tourism and

all that stuff.

You know, when I heard this week, it's been kind of quiet.

We are now, I don't know if I should say invading or attacking or, or, you know, what

I should say.

Now we're in Ecuador.

We, we brought up Venezuela and then we tied in Colombia because of the luxurious cocaine

that they have there.

Now Ecuador, I don't know if it's true.

I haven't had time to verify this yet.

What I read was that we have 50,000 troops in Ecuador.

So we're getting spread really thin.

So bring it back around Anthony to World War Three.

It could happen any single day.

You have the Homeland Security, you have all these FBI, CIA, all these, you know, letter

agencies, they are somewhat concerned that after four years of open border policies,

we don't know who the Godaways are.

We don't know where they are.

You know, we know there's like over a thousand fighters for ISIS in this country.

We don't know who brought what over the border.

There is a realistic possibility that we could have a sleeper cell wake up.

We're already having lone wolf, you know, prongs in this country.

It's an everything bubble.

And what's amazing, it's all bad.

I focus on financial matters.

I manage money into the future without a crystal ball.

So I'm trying to wane Gretzky and be where the puck's going to be, not where the puck

is currently.

And I'll tell you what, you know, I tell people I'm not an optimist, I'm not a pessimist,

I'm a realist.

I have never been this convinced that something is going to give.

And my dad and I, my dad, mostly I was new in the industry in the late 90s, he thought

something was going to give with a tech bubble.

He was the only one in our office that seemed to be concerned.

These other advisors were out there, you know, doing illustrations for variable annuities,

running them at 12 to 14%.

And my dad's like, if I catch you doing that, you're out of the office.

He was like, he's like, we're going to run six to eight percent.

And that's pretty high, probably.

So in 2008, my father was ending his career.

That was he had some health problems and he was at the end of his career.

He and I talked about how something is wrong.

Things don't make sense.

We didn't know how bad the end of 07 through the beginning of 09 was going to be, but

we knew something was wrong.

So we were proactive.

Well, imagine 17 years go by and I'm still thinking they never fixed anything.

They just swept stuff under the carpet.

We have these massive problems with derivatives and all kinds of things are wrong behind

the scenes.

And yet my 401k is steady or going up.

How can that be?

And you hear me all the time.

I say that the American people in general, this is a sweeping generalization.

If gas prices are steady or going down and my 401k is steady or going up, I don't care

why I don't ask why it's just life is good.

I have kids.

I've got to go to school.

I've got to work.

I've got to do this.

I've got that.

I try to get to the gym.

We got to go walking.

We have pets that need manicures.

We have so much going on.

We can't worry about all this stuff.

And that's why you have us.

We were a rattle year, little cage.

We will spend eight to ten hours a week gathering stuff, package it neatly and give

it to you in one hour because we want you prepared, not scared.

Okay.

Got off the track out there.

I would be very aware of your surroundings right now.

When I say this, I know I've said it for a long time.

I am a second amendment supporter.

I went to a military school for high school.

I actually voluntarily went into the military.

I believe that this country is worth protecting.

I also believe we have God-given rights.

I believe, Anthony, you should be able to protect yourself and those around you and those

you love.

I believe that we have a right to stay alive and healthy and happy.

So I have been thinking that all of the school shootings, Anthony, you said there's a lot

of them.

I agree.

Those are soft targets.

Right now with the war in Iran, I would say pretty much any time you leave your house,

it's a soft target.

And I'm not trying to scare you.

I'm just saying, watch your back.

Watch your six if you're at a school, if you're in a church, if you're at a sporting event,

if you're at a concert, right now is a really good time to make sure you know where the exits

are.

You may even want to, if things are iffy for you, maybe don't even do it for a little

while.

Let's go a little bit longer and see what's happening with everything in the world.

Because if there are people in this country that mean to do as harm, they are probably

going to make themselves known in the next weeks and months.

So I'd be careful.

What was it?

Austin, Texas.

There was a lone wolf gunman and it was so funny because they're apparently still trying

to figure out if that was a terrorist attack.

You know what I'm going to say to you?

If you're in the FBI or the local police or the government anytime somebody pulls out

a rifle and a pistol, he used both, by the way, I would say that's pretty, pretty terrorizing.

You know, and I know they're getting it.

They're looking for like, is the person tied to any Muslim, you know, connections?

Well, the guy was wearing a sweatshirt.

I think it said property of Aula and then apparently he had another shirt or jacket with

the Iranian flag on it.

He had a caran in his vehicle.

So I can help you.

If you guys call me, I'm somewhat of an idiot, Savant, at least half that is true.

So I can help you.

Yeah.

I was terrorism.

So watch out.

There was a woman in Virginia that was stabbed.

There was a road.

There's so many of her now.

I haven't got a bunch of stories on people around the country that have been hurt, wounded,

killed.

So watch yourself as what I'm getting at.

When we say we want you prepared, not scared.

Part of that is physically, you know, if the stock market has a big enough crash, if the

housing market screeches to a halt and I know it doesn't happen next Wednesday.

But over the next year, let's say, if the housing market screeches to a halt and the stock

market collapses, people are already struggling.

There's people that are having trouble with the prices of food and gas and rent and mortgages.

It's, people are going to get weird.

So you need to literally physically be aware of yourself more than ever in history.

I think, you know, I'm always talking about things are in an everything bubble.

I don't think it's just going to be the next COVID.

I don't think it's just going to be a geopolitical thing like World of War 3.

I think it's going to be a bunch of things that poke through at once and I don't know that.

But to be proactive and not reactive, maybe you should have some food and water.

If you have some, maybe you should have some more, you know, if I could go back in history

and tell people before COVID, maybe you should have an extra hand sanitizer, chlorox wipes,

toilet paper.

Maybe that'd be smart.

Now's an outstanding time to revisit that.

If you're so inclined, maybe you should be armed whenever you're out of your house.

Maybe you should get some training, maybe go through the concealed carry class.

Maybe, maybe, you know, take that seriously.

Maybe you should have some insurance go to the US CCA or one of those and make sure if

you did ever have to use the weapon you, you know, you know, ruin your life.

So but everything going on tells me that I'm probably on the right track here.

When I look at local, you know, domestic terror attacks, are they likely?

I would say yes, you know, my thing, soft targets, when I talk about those things, all I'm

saying is be awake.

Should we live scared and make sure that people won by default?

I'm not saying that.

Am I going to go and do what I do, you know, as normal, of course, I am.

I'm just going to be a lot more aware of what's going on.

So, you know, there's Jamie Diamond came out and said that with the war in Iran, how's

that going to affect his bank and others?

He's talking about an inflationary pressure.

Well, yeah, I mean, today, as we record, is the fifth of March, and I understand that

another ship was attacked by Iran and the Straits of Hormuz.

I guess it's on fire, as we speak, you know, if the price of gas goes through the roof,

that's going to affect shipping, that's going to affect everything we do.

But Jamie Diamond also said that they are, you know, aware of the fact that there could

be a cyber attack on his bank and others.

I'm telling you already the banks have no money.

You know, that's a house of cards to begin with.

We've already had to deal with the commercial real estate, you know, situation that's ongoing.

We have to deal with the fact that we literally could go to a bail end.

So I think you should listen to these people that are awake and aware, you know, I know

there was a drone strike on the Amazon web services, the AWS, there was a drone strike.

It led to outages here, I guess, Reddit, Facebook, Instagram, some of the social media

was out for a while on the third of March.

All of this stuff adding up makes me think, now's the time to make sure you read research.

So listen to us.

There's another people going back for a quick second, you know what I'm going to do.

I guess we only have a few minutes before break time.

I feel like I am going fast and furious.

I'll slow down for one second because I don't want to miss it.

Let's get into the Festivus report and then we'll spend the entire half, the other half

doing the articles.

I picked a very quick one on purpose so we can do this quickly.

Amount wasted.

This is your tax dollars, kids.

Amount wasted $3.3 million.

The Department of Health and Human Services gave Northwestern University $3.3 million

from NIH for a project called Nurture, which reads like a woke, cult manifesto.

The grant pays for scientific neighborhoods, safe space ambassadors, inclusive excellence

coaching, and an institutional transformation and accountability committee.

Kevin, if you're listening, jargon generator, everything I read, we need the jargon generator.

Let's see here.

Northwestern is one of the wealthiest universities in the country with an over $14 billion endowment.

That's very well endowed.

That could grow as yet taxpayers are picking up the tab for its internal HR experiments.

Shame on you, government.

Washington calls this investment.

Most Americans call this waste.

No kidding.

So anyway, there's another $3 million that we'll shed some light on.

Rand Paul, I mean, he's a genius.

I think he went to the first University of Central Kentucky, but I'm not sure.

He's from Kentucky, right, Anthony?

I think the man is on to something with all this stuff.

Take with it what you will.

Two minutes, Sam, so do we have two minutes.

So let's do this.

Let me breathe.

Let me start by breathing because I feel like I am racing through this stuff today.

I know I talk fast to begin with.

Anyway, let's do this.

If you want to reach out to us, we would be honored to be a second opinion on your finances.

We do things.

We help people with budgeting.

We help people with debt management.

We help people with wealth transfer, generational wealth transfer or legacy inheritance money

and everywhere in between.

We have people on a true fixed income and we have people with a lot of money.

So we want to meet you one person, one family, one couple of the time.

Reach out to us six, two, three, five, two, three, zero, four, four, four.

Or you can email team at another moneyshow.com.

We'd love to hear from you.

We are not going to have our special guest on the radio today.

I know he's listening.

We want this guy to come on the radio and tell us a banking story.

We're going to keep working on him until he caves.

So I'm not sure if he's like shy and not sure what the deal is, but he said he can't

come on today.

He has time constraints today.

So if you're listening next week, plan on coming out with us.

All we want you to do is without saying your name, without saying the bank's name, tell

us the story of you and your relative trying to get money out of the bank.

It was interesting to say the least.

All right.

One last thing.

Make sure you make your way over to YouTube.

We need your help.

We are a small channel, but we are growing like wildfire.

So go to YouTube, look up another money show and like and subscribe.

You know the drill and we would love to have your support.

Thanks so much for being here.

We will be right back.

All right.

That's your money mic drop.

For now, this is another money show.

Hi, I'm JR Rochford, host of another money show, airing Saturdays at noon on 960 The

Patriot.

If you've heard our show, you know it's more news-based and how current events could

affect your finances versus actually telling you what we do, I'm going to tell you what

I've seen time and time again to be the very key to a happy retirement and that is income.

You would think that those without much money and retirement are the only ones worried

in retirement.

What I consistently see is that those with large sums of assets are also just as worried.

That worry always comes from the fear of running out.

Worrying about your assets, assets come and go, income is forever.

I believe self-funding pensions are the key to a happy retirement and I can help you

do it.

Reach out to us at 623-523-0444.

That number again is 623-523-0444 or find us on the web at anothermoneyshow.com.

Welcome back to another money show.

Thank you so much for being with us.

As you know, we greatly appreciate it.

We love your support and we, quite frankly, we need your support.

We are a little tiny fish in a big pond.

We were fully independent, fiduciary, fourth generation, veteran-owned family practice.

We check all the box for a firm that is going to care about you and do the right things

for you, whether somebody is looking or not.

We don't have the pressure and the quotas of the bank financial visors and the big names

you've heard.

Normal day is to see two to three people a day.

If it's a very busy day, Anthony, I can split up, but we do not have the pressure.

So come see us if you want something different without pressure.

Anthony says that every week, there's no costs, there's no minimums.

It's fairly easy.

We'll take a little bit of your time, but I promise you we're going to do what's in your

best interest, not our own.

A couple of the articles I've already touched on these, so I guess I don't have to dig too

far in these.

I love this publication.

I was not aware of it to recently, but now that I'm aware of it, I'm going to look

for it more.

It's end times headlines, end time headlines.

This is from the third of March, US banks are placed on high alert for cyber attacks.

So read any of this says here, US financial services industry is on heightened alert for

potential cyber attacks amid the unfolding US war in Iran with firms stepping up, monitoring

for threats that often arise during periods of geopolitical conflict, set executives

and analysts.

The killing of Iranian supreme leader Ali Kameni, Kameni, I don't know how you say it.

Last weekend has stoked concerns over the potential for Iran linked cyber attacks on US

financial services operations.

For security has long been a top priority for the financial services industry, which operates

critical US infrastructure, including payments, clearing and settlement systems, as well

as trading platforms and treasury markets, making it a top target for cyber attacks according

to industry data.

So another article, if you want something more mainstream, you can go to MSN.com and there's

an article by the title US banks on high alert for cyber attacks as war escalates.

It says pretty much the same thing just slides a couple of reports.

Here's something from investopedia Jamie, what are you doing, Anthony, I lose you.

Jamie Dimon sees overlooked risk to US amid war in Iran.

It's unlikely that the war in Iran will cause a major inflationary hit in the US unless

the conflict results in a prolonged disruption of oil trade said JP Morgan CEO Jamie

demon on Monday demon warned the US strikes over the weekend could provoke retaliatory

cyber attacks, a possibility he said his bank was prepared for how prepared are you.

If your bank shuts down for any length of time, are you really prepared, uh, see here

the inflationary risk stems from oil prices, yes, that that is a potential problem when

I always talk about people, you know, being complacent when the gas prices are down.

Are you watching the gas prices right now?

They are moving fast.

I always question why the gas prices go up instantly when there's a disruption and then

go down so slow when the disruptions over, I mean, I, I think it's weird, kind of like

the stock market money goes up a lot faster than it goes down, wait, I said that wrong.

Money goes down a lot faster and goes up, uh, moving on the federal reserve, which

is not federal nor do they have any reserves.

But according to news week on the third of March, thousands were impacted as federal

reserve faces transaction delays and issues.

My question, how many of you listening are affected by anything the federal reserve does

on our local banking level?

I know lowering and raising interest rates certainly affect us, but this is interesting.

The federal reserve was hit with a transaction issue on Tuesday, but the problems were resolved

by the afternoon.

So if cybertax can hit the reserve, pretty sure they can hit the banks or us, our bank accounts,

the issue appeared to be with the federal ACH, the automated clearinghouse services suite,

which provides financial institutions with efficient low cost, batched payment services

than enable an electronic exchange of debit and credit transactions through the ACH network

according to the federal reserve financial services.

In a noon update, federal reserve financial services wrote the ACH services is experiencing

delays associated with internal systems processing internal.

So you had a little software update, malfunction, what happened?

Come on, stop peeing on my leg and telling me it's raining.

It's something, you know, AWS head problems, you know, give me a break.

So I think the federal reserve can be hacked like anybody else.

One last article on this subject from MSN.com, also on the third banking payments services

disrupted after Amazon UAE data centers hit in drone strikes, oops, I already covered

this.

Amazon said two of its data centers in the UAE were hit by drone strikes, digital services

in the UAE reported outages following drone strikes on AWS data centers.

I guess this is redundant.

AWS said late Monday that two of its data centers in the UAE and a facility in Bahrain

were damaged by drone strikes, taken the facilities offline.

The thing about this, it is a very small world.

Anything, you know, you think of Amazon, you think of warehouses and, you know, seasonal

hiring and you think about how the workers are going to be replaced by AI, it's global.

So if they get attacked in the United Arab Emirates, it could very well affect us over

here.

So I think the world has gotten much smaller as we've gotten older, moving on.

I'm trying to get to something that I can get feedback from Anthony, but these are all

very, I guess I've hit him already, US launches military operations in Ecuador, US forces

have launched military operations with Ecuador against designated terrorist organizations

inside the South American country, South Southern commands at Tuesday, the military released

no details on the operations, but suggested in a statement that it was an extension of

the strikes carried out by the Trump administration against suspected drug trafficking organizations

in the region.

Let's see here.

During Rubio's trip to Ecuador, the US designated two criminal groups in Ecuador lost

Lobos and lost Choneros as terrorist organizations.

The Coast Guard had been deployed in the Eastern Pacific off of the coast of Ecuador, Colombia

and other countries helping interdict cocaine shipments in missions known as Operation Pacific

Viper.

The only reason this is important, how thin are we going to spread our military is my question.

After the operations to capture Maduro, Trump did not rule out using military force against

targets in other countries in the name of combating drug trafficking.

The expectation, however, had been that Trump would conduct strikes in Mexico and Colombia,

both of which have had a more significant role in the drug trade.

Well, I mean, we didn't have to remember killing El Mencho like a week ago and Mexico going

back.

You know what, crazy?

So, if you don't worry about that, just worry about Iran.

I would worry about stacking all of these conflicts together.

Let's see here.

Oh, here is probably the most important article I have.

So let me get to that next.

This is from msn.com on the 3rd of March also Russians threatened to nuke the West after

Iran attacks the only way to stop Trump.

So the reason I say this is important, I don't know how many of you are like hardcore

preppers and you have nace and iodine and you have, you know, hepa air filters and a bunch

of duct tape and plastic wrap.

You can put around your house.

I don't know what level you're at when you're listening here, but I can tell you what,

this article should frighten every one of us to a certain extent.

Should we not leave our house?

I'm not saying that, but should this scare you a little bit?

Let's see here.

Vladimir Putin's leading propagandists have issued a chilling warning of potential nuke

clear strikes against Western allies, a heated debate unfolded between TV host Vladimir

Solov-Yav and Andrei Sidorov, they have a lot of all of their names, Dean of the School

of World Politics at Moscow State University on the show Sunday evening with Vladimir Solov-Yumi

you guys are really off.

Let's see here.

The two clashed over the necessity of nuclear weapons against certain, Sam wants to have

a new segment called J.R. Read's names.

Good luck.

Chairs got a third grade education for all practical purposes.

So the, let's just do every week, flash a name on the screen, Sam and I'll try to read

it.

The two clashed over the necessity of nuclear weapons against certain Western countries

with Solov-Yumi-Yav asserting it as Russia's only option he stated.

We should understand that we're only re-emerging as a powerful military political nation after

decades of humiliation in Yeltsin's time.

See I said Yeltsin without a prompt.

The television host has also previously suggested that resorting to nuclear weapons is what

everything is coming to.

How is this not bigger news?

I must ask.

See here, he declared, as I've often said in the studio, people don't believe me, but

objectively speaking, this scenario is what everything is coming to.

And the use of nuclear weapons, especially considering the information that came from

the foreign intelligence service.

What other options do we have?

This is a very sad, but who needs the world if Russia won't be in it?

What are you talking about?

This guy's thinking we're going to attack Russia next.

One more thing here.

Russia has also expressed criticism towards Iran following Washington's launch of Operation

Epic Fury with Israel, foreign secretary Sergei Lavrov condemned the strikes on Iran,

of Russia's closest allies, asserting that Tehran has an inalienable right to enrich

uranium.

So I mean, is it our call?

Is it Israel call?

Who's all of it?

To say Iran has no right to nukes.

I mean, we're saying Russia does.

Even North Korea must be so jealous right now that like everybody's fighting, everybody's

talking about popping off nukes and we're sitting here on your hands.

So that could be, I didn't even think about that.

So this very second, that could be the straw on the camel's back.

That could be the black swan event of all history.

If right now, not right now, not as we record because I'm busy, but maybe later on today

or sometime this month, if North Korea shoots a nuclear-tipped ICBM over to some Air Force

base of ours or something, holy crap, that could be it.

What do you think, Anthony?

Any feedback on World War III being more realistic than not?

I don't know.

We'll see how it plays out.

You are the most mellow person I've ever met in my life.

Do you worry about any of this stuff?

No.

Really?

I mean, none of this could say, I know your thing.

What number is World War III?

What number World War III is this now?

Sam, that's a great question.

I mean, I was kind of saying, if we're dealing with Iran, I'm sorry, not Iran, Israel

and Palestine, the Hamas situation.

If we're involved with the Ukraine Russia, how is that not World War III?

But then you add Mexico, that was us.

We were in Mexico fighting with the drug cartels.

Now you had Ecuador, you had Iran, the possibility of Cuba getting into the mix.

When does it become World War III?

There's what?

193 countries on the planet.

I don't know.

I don't say plus that the Rome, the Vatican is a city.

Washington DC is a city.

I don't consider anyone else a city.

193 countries.

How many?

Sam said per Google, it's 195.

All right.

Some on the right track.

How many countries have to actually have boots on the ground, have to be shooting rockets

and missiles?

193 UN members.

Thank you, Sam.

Do you realize that Iran sent some sort of rocket over to Turkey yesterday?

That's a NATO country.

Turkey borders Iran.

So Iran, since we are attacking them, it's kind of like a bully.

If a senior picks on a junior in high school, then the junior is like pissed.

He turns around and picks on the sophomore and the sophomore is pissing.

He turns around and picks on the freshman.

That's Iran right now.

They have been shooting rockets and missiles and stuff into a bunch.

Different countries around them.

So what is it?

Qatar is one.

They hit a big base in Qatar.

So this is crazy.

But Turkey is a NATO nation.

Even though we are the primary NATO participant, does this mean other countries that are NATO

members have to get involved now with Iran?

That's what we've always been told.

If you attack one NATO nation, you attack them all.

So let's see how this pans out.

But I don't know when we actually call it World War III.

I guess we'll keep reading the news until somebody says that.

Let's see here.

I don't think we do, because technically none of these are wars.

They're all conflicts or whatever they want on altercations ever in BS terminology they

want to use.

But none of this is a war.

What constitutes a war versus a conflict or I love the semantics of this.

It depends on what the definition of is is.

I don't know.

I don't know.

I didn't know.

Luckily, you were wearing a blue dress and that's to run on to, right?

You saw Hillary Clinton.

I don't know if I've even made it to the news.

Hillary Clinton was testifying.

Well, yes.

And then that idiot took a picture and posted it to social media during it.

So yeah, that was fun.

Politicians behaving badly are nothing new.

So I'll have to look into what you're saying or I'll have to ask you later, but it doesn't

shock me.

I saw Hillary Clinton's disgust when somebody unleashed the photo of Jillene Maxwell and her

daughter's redding.

I know Bill Clinton.

They show him a picture of somebody or something and he seemed to be laughing and enjoying

old times in his mind.

So this is what a circus this is.

Oh, Lauren.

Lauren Bobert.

I was like, so Lauren Bobert.

She was okay.

She was escorted out of a September 2023 performance of Beetlejuice in Denver, Colorado for disruptive

behavior.

How do I not know about this?

This is great.

So maybe Anthony, I'll have to read further and see what you're saying was part of this.

But apparently she was confirmed singing and dancing and vaping and other things.

So that's interesting.

And I kind of do remember that was Pam Bondy involved with that in any way or no.

She was leaving a movie theater and she was accosted and her and her bodyguards had to

do some scrap and on the way out of a Florida movie theater.

So that wasn't in Colorado.

Should we get back to the articles?

You want to keep talking about role number three?

I think Sam, a preseason game is a real football game, but it's just superficial drivel.

It's practice.

It's kind of like right now we're in spring training in Arizona, you know, you don't

hear about that much yet this year, but spring training, you know, it's expensive.

It's crowded.

It's, I mean, it, it seems like the baseball season, but it's really not, it's really not

as important.

It doesn't really count.

So maybe you're right, Anthony, maybe none of these are war yet.

I would say if China and Taiwan become an issue, I would say if China and Russia get together

and they try to stop us from continued activities over in Iran, then come on.

Then it goes to an actual war, but we, we will see.

I would say you're immediate concern.

If you're listening to us, you fill up your tank.

Keep your car tanks filled.

If you have five gallon gas tanks, go fill them up.

If you haven't cycle them in a while, dump them in your neighbor's yard or whatever you

do to be environmentally conscious, but make sure you're, you're ready for that.

If you've saved up a little food and water, I'm going to say it again, get a little more

because this is the most uncertain things I've been.

You know, we've been on this show later this month that'll be four years.

We have never duplicated a show every week.

We've done a new show.

It doesn't matter if it's Christmas week, Easter week, we've done a show from Laughlin.

We've done a show.

I don't know.

We've been on the road, but we've never duplicated a show.

We told you about egg shortages.

We told you about fed now.

We told you about diesel exhaust fluid.

We've talked about everything over four years.

I have never been as convinced as I am right now that this, this is the time if something

is going to give.

And I mean soon, I mean months, not years.

If I am wrong, I'll be so happy.

If things don't give, I'll be happy.

It might sound like I'm joyously awaiting bad times in this country.

I really am not.

And I'm not worried about me.

I'm worried about my four boys.

Yes, Sam, you're back in my good graces.

So I don't know.

We sound alarms on the show.

This show is not a 60 minute infomercial.

It's a show on sounding alarms.

It's on current events and how they're likely to affect your future and your finances.

If you're in a 401k and you're listening to us and you bought into the target date retirement

2050 fund when you started there and you've never changed it, you now is a really good

time.

If you're sitting on a big stock and bond portfolio and the only reason you'll never sell

is because you don't want to pay taxes.

Maybe you should sit with Anthony and get a second opinion.

Once in a while, he reminds people how their funds would have fared going back, back

testing to 2008, you know, about 17 years ago.

And it's funny because we don't have a crystal ball, but I can tell you what history might

not repeat itself.

It rhymes as they say, if we have a 2000 and 2008 level combined correction in the market,

what is your tax bracket then, you see where I'm going with this?

If you pay taxes, let's say you're in the 22 percent tax bracket or let's say you're

in the 35 percent tax bracket and you sell some of your positions because it happens

to be appropriate for you.

It's unknown.

But you're locking in huge valuations versus just six years ago this month versus 17

years ago.

So you're going to pay 22 or 35 or whatever percent on huge amounts of money.

Let's say the market gets cut in half and you don't pay taxes.

What was your tax by sitting about 50 percent?

So there's knowns and there's unknowns.

And right now we're in such uncharted territory.

I would make sure you look into some of the knowns, the knowns, the knowns or the knowns

or whatever.

I really want to get Anthony involved.

I'm going to reference a few more articles that kind of solidify my point about watching

your back right now.

And then I want to talk about Kyle Bush.

I got to get Anthony's input on that.

We need to put that one to bed.

So if you want to know more about that, let's go right out of court, you haven't announced

anything.

Well, do you want to hear something weird?

You sent me a couple articles.

One was from motorsport.com on the 22nd of January.

And it says Pacific life insurance seeks Kyle Bush 8.5 million lawsuit dismissal.

I'll read just one line specifically Bush said he was told that if he paid a million

dollars for each year over year for five years, he would be able to take out $800,000

years a year once he turned 52 years old.

Bush said he discovered most of his money was gone by the time he received a sixth premium

notice.

How I still don't understand what happened where his money was gone.

See here, Pacific life says all five policies came with a cover letter in bold capitalized

letters that said read your policy carefully and offered a 20 no no one does that nobody

does that now.

So shame on you.

Pacific life.

You should have been how can you lose all of your money in a in a life policy?

Well, the market's going up.

That doesn't make any sense.

But that's why I was excited about the case because there had been some militia there.

Or maybe it's just not as being presented.

But yeah, it sounds like they settled out of marker.

That's what they're saying right now is they're settling out of court.

So will we ever know exactly what happened, probably not, but that's upsetting.

All right, so you still don't know we still don't have a ruin on what they're selling

for anything.

I wonder if we can find it.

All right, so we'll pretty much put this to bed unless I can find the numbers on what's

going on.

But it is interesting.

The one thing I would point out to you and I say this all the time, the rich are getting

richer, the poor hover and the middle class are shrinking on steroids.

Boy, is this ever an example?

You know, NASCAR is coming to Phoenix this weekend.

So if you want to make sure Kyle Bush, I don't even know if he's still racing or whatever,

if you want to make sure these guys are all going to buy these big policies, support

that, you know, buy your $14 beers and go watch cars drive around a circle.

I shouldn't make fun of it, especially with Anthony, I hear who's actually a amateur race

car driver.

So Anthony, his hobby is cars and all that stuff.

I'm sorry, Sam.

Sam, correct me.

What do I say?

A circle, Sam said it's an oval.

I don't know.

Anyway, so I would say that this country is very skewed that the rich are getting richer.

So the middle class is in trouble and now gas prices are going through the roof.

That's going to compound that whole situation.

So we will see, uh, man, is it really almost time to turn this over to Anthony?

I had articles about federal charges after a shootout with D agents and Phoenix.

I had so much more to get to, but I don't know.

The main thing is please keep us in mind.

If something does disturb you, reach out to us.

If you have any information, we need to cover next week or in the future weeks, reach out

to us.

And as always, I say thank you for being with us.

Anthony, take me out of here.

That's it for today's show.

If you like what you heard, you have any questions about any of the topics today or you

want us to down with us to review your personal financial situation.

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With news headlines about recessions flipping from imminent to unlikely almost weekly,

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Recession talk is back for 2026, not screaming from every headline, but lingering in the background

with odds that aren't zero, and honestly, that's okay.

The good news, you don't need a crystal ball, you just need to be prepared.

Her money.com CEO, Gene Chatsky, outlines the signs to watch for when a recession is

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Keep an eye on unemployment.

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The tricky part about a recession is that we could be in one already and not know it.

Financial experts say the first step to being prepared is surprisingly simple.

Get clear on what you actually need, not what fear is telling you.

Start by building or topping off an emergency fund that covers 3-6 months of living expenses.

Perhaps consider a high yield savings or money market account so your safety net is actually

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Next, pick a budgeting system you'll stick with, whether that's the old school envelope

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Then finally, how to configure your financial portfolio and investment strategy in uncertain

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CNN's Senior Business Writer, Gene Chatsky, explains a key component.

You want to be really diversified in your portfolio, meaning between stocks and bonds, between

sectors of the economy, you can't predict what's going to do well and what's not going

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A diversified portfolio where you have some stocks and bonds, they will perform differently.

Whether it's covering the basics, making easy cuts, redirecting that money to high

interest debt, the people who come through economic uncertainty best aren't the ones

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anyway.

A well-built budget doesn't just protect you from a recession, it gives you freedom

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