Consumer Sentiment Soars But Job Hunt Struggles Persist

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Summary

➡ Dan, the speaker, discusses various topics while at the Puerto Rico Airport. He talks about the rise in consumer sentiment, the difficulty of finding a job in the current economy, and the importance of networking when job hunting. He also mentions the FDIC’s potential crackdown on FinTech companies, billionaire David Sacks’ new role in the administration, and Elon Musk’s denied $56 billion pay package.

Transcript

Hey, it’s Dan. Welcome back. You’re watching dialectically. And I’m at the Puerto Rico Airport, guys. It’s kind of a nice airport. There’s a lot of shopping, a lot of stuff to do. It’s kind of wild. And I don’t speak Spanish. So needless to say, it’s fine. Everybody’s feeling good right now. It’s just glorious how fantastic everything is right now. Please, as always, hit the like button. Please subscribe to the channel. And let’s get right into it. First things first, guys, and this is wild. Think about this. Consumer sentiment is something that we’ve been tracking. And I talk about it.

You know, every month they bring up a new consumer sentiment number. And it was very low last month. It hit the highest level since 1992, right after the election. It went from 66% to 77%. People are feeling good right now about everything under the sun. So the last time we had a jump like this was when Billy Clinton took over and he got elected. Isn’t that wild? I mean, I thought that was end of days. I was a young business owner at the time and thought that the end of the world was about to happen. So, again, it’s all relative.

But people right now are feeling this way. Now, on this boat and talking to young people on the boat, they just think that we are doomed, man. I mean, it is going to be horrific what we’re about to experience. So, you know, needless to say, I don’t think it’s that bad. I think it’s funny. Nanoman, just everybody’s talking. And so consumer sentiment is way up right now. Let’s walk past this. Now, I get a kick out of things that are sent to me in the news. That just makes zero sense from one day to the next.

Sometimes on the same page, but I’ll give you a perfect idea. In my last video, I talked about a man, Austin Goolsby, who spoke about how we have full employment but empty wallets. Oh, that’s interesting, because today, here is the big problem. If you are looking for a job, it’s going to take you longer than ever to find a job right now. Now, what does that mean? Think about this. This is what’s like, that’s nonsense. But here’s where the nonsense continues. They say that there are only 7 million people looking for work right now in this country.

Who believes that? I believe so many people are out of work right now, but they’re not counted right now, because they’ve been out of work for so long. Think about this, because this is a good stat for people to hear. You get laid off and lose your job, and you have to work. You don’t get a good severance package. You’ve got to get something quick. It is telling people, of the 7 million people, 2.84 million, 40% are over 15 weeks looking for a job. So you’re going to spend a lot more time looking for a job right now than you ever have.

And I have told people this so many times. When I had my medical conferences, I would invite people that were looking for jobs, because it would be executives, headhunters, all these different people that you should meet if you’re out looking for a gig, and your job is to look for a job. You treat it like a business. You don’t sit there and go, hey, I sent out five resumes. You’re going to get nothing in this economy. I’m telling you, introduce yourself to people. Why should they hire you? Put a face to the resume, your CV, and do that.

That’s what you need to do. That is the best thing that you can do when it comes to looking for employment. And it’s like looking for a business partner. It’s like looking for an investor. You’ve got to go out there, and you just have to go, oh, we have the greatest company in the world. Everybody should come to us. Nothing works that way. I got a real kick out of this, because again, one day ago, guys, everything is perfect. It’s just full employment. We talked about the FinTech companies last week and the week before about how these middlemen bank as a service, the FDIC is going to start cracking down on those people.

So this is going to be interesting. What new executives come into this, and if the FDIC is as bad as they say it is. Now, there’s a man, David Sacks. He is part of a podcast that is absolutely stellar. David Sacks is a billionaire who is part of the PayPal Mafia. He’s a venture capitalist who was just pegged for the new administration to be the AI and cryptosaur. He is part of a podcast called All In with Chameth, Jason Calacanis, and Jason Freeberg. Anyways, the guy is fantastic, and I think if you guys want to see a great podcast, go look at the All In podcast, because it’s all these billionaires talking about things to do, what they’re working on.

But that’s what you need more of, more success like that. Elon Musk, you know, they just withdrew his $56 billion pay package, which is crazy, okay, for anybody to make $56 billion. Again, guys, look at these stores in here. Now, you got the crap, and you got all the junk and stuff like that, but, I mean, those high-end stuff. It’s the airport, guys, hanging out in a public airport. So, kind of fun. So, Elon Musk gets denied his $56 billion pay package. It is estimated that that guy spent in the last election $260 million to get people elected.

Isn’t that crazy, guys? He was the largest donor of the political season, okay? So, that’s crazy. In 2020, you had Marky Mark Zuckerberg, who spent his $116 million, and then you had Sam Bankman Fraud that did that, too, and 2020 and 2022. So, kind of interesting, guys, that these people are putting all this money, but if you have any idea if Elon put $260 million into it, I have no clue. So, I don’t know. You’re all feeling, oh, yeah. What you’re going to see is all the positive news as far as the job numbers that just came out, they’re all seasonal jobs, guys.

They’re people that are working at the grocery stores and the drug stores and different malls that are getting themselves, that are running themselves, you know, for seasonal work. It’s that simple. So, it just was announced that CVS is going to fire a massive amount of people in 2025 because of seasonal work. I can’t think of drug stores having seasonal work, so that’s kind of fascinating to me. But, you know, you guys see it. I mean, when you go to the malls and you go to the large department stores Nordstrom’s and South Coast Plaza is a nice shopping mall.

When we go there, it’s just very, very busy right now, but you get a lot of people that just are temporary employees right now. Look at this place, guys. This is wild. So, just walking through. Not that I need anything else. So, a little bit more to cover and we’ll go from there. Since we’re at our airport, let’s talk about airlines. I mean, this is terrible. So, you’re seeing these airlines that have serosurfing. You know, they work for the Congress this week. And the thing that we’re infuriating people, I have to put that in here, don’t worry about it.

Everything that we use in the world is the airlines are giving $65 billion of our money during that time. They include nothing. The experience sucks. I mean, we flew from, you know, Los Angeles to Miami and I had to pay $13 a cheese plate, which was two pieces of cheese in practice. It was horrific. So, farmer sentiment, think about this one. For the first time in 15 years, farmers feel that they’re going to have a better crop and better yield because of the new administration. So, farmer sentiment, they’re excited to work the farm. They’re going to have cattle, plants.

So, this comes from now, guys. So, this spread, this inside and the moment. And then the entire system. Anyways, guys, I just hope that this is a good thing. There are, you know, we talk about corn cutting and I have a great article sent to me about eight inch streamers. That are doing better than some of these table covers. I’m sure the whole channel, Brit Box is doing better. I mean, sure is below. And stuff like that. Be faith and family. The faith and family channel is doing better than some of these people. This is a pay side.

BET is doing better than some of these sites. I’m going to finish this video with a couple of stories. Panda has a recall. Newer cars, 2023 and 2024, Odyssey and pilots. Now, what’s crazy about this is it’s for a fuel engine. So, fuel, hot engine equals fire, okay? So, that’s what you’re trying to avoid with stuff like that. So, again, I always get a kick out of the fact that how these things get reported were civilians that drove the car and had problems. Do you smell that? Imagine that. That started complaint to the Highway Traffic Safety Board.

And from that National Highway Traffic Safety Board, that gets to Honda. And then they issue a, uh oh, we better recall the car. Final, final story is, have you guys ever heard the expression mean coin? Mean coin is a cryptocurrency. It’s basically smaller coins. Well, there is a girl, Hayley Welsh, that was on, became famous because she made a reference to something I can’t even say here. But because of that, she got a little fame, a little notoriety. So, what they thought would be a great idea was to set up their own coin for that.

So, when they set up the coin, it went live two days ago and they made a 15% commission on this. And she basically made $2 million in hours, like three hours, and then sold it all and crashed the coin. So, people that put their money into this cryptocurrency were curious because the fact that not only was it not real, but it was just a scam. So, she’s going to probably be the hot to a girl in jail is probably what’s going to happen with that. Now, hey, you guys, three years ago, there’s, you know, a few things I looked at.

I looked at having our own coin for the channel. Wouldn’t that be cool? Have our own cryptocurrency. And I finally got one lawyer in New York City that would answer all my questions. And about the fourth or fifth question is, will I have a problem with the Securities and Exchange Commission? Will I have a problem with the Department of Justice? And they said, yeah, oh, oh, Dan, they’re going to show up at your office the second you do this. And I’m like, what? Oh, yeah, it happens all the time. I’m like, who the hell would want to do this? So, needless to say, it was insane.

And I didn’t do it. And I’m glad I didn’t do it. But let me know what you think about this, if you’ve heard about it. But the story’s below for you to reference and read. You want to get ahold of me? It’s hello at iallegedly.com. Don’t forget the private channel, iallegedly.tv, which is fantastic because we can share all the stories. We can’t talk about other places. A lot of cool stuff coming out. And I’ll be sharing it with you very, very soon. I’ll see you very soon when I get home. [tr:trw].

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