RUSH TRANSCRIPT It be ░░░░░░░░ Neil ashley thank you ░░░░░░░░ very much my friend ░░░░░░░░ job as always We ░░░░░░░░ following the same market ░░░░░░░░ here In fact interest ░░░░░░░░ in and around that ░░░░░░░░ 6 in the 10 ░░░░░░░░ note Again the concern ░░░░░░░░ to be this is ░░░░░░░░ battle royale always in ░░░░░░░░ markets right improving economy ░░░░░░░░ economy ism numbers out ░░░░░░░░ a continuing manufacturing surge ░░░░░░░░ short supply of everything ░░░░░░░░ pushes up or the ░░░░░░░░ that will continue pushing ░░░░░░░░ prices What will the ░░░░░░░░ Reserve do with that ░░░░░░░░ is a number they ░░░░░░░░ follow 10 year at ░░░░░░░░ 62 We re following ░░░░░░░░ developments Also following one ░░░░░░░░ major league baseball You ░░░░░░░░ have heard about This ░░░░░░░░ conservative group is suing ░░░░░░░░ major league baseball association ░░░░░░░░ nixing the all star ░░░░░░░░ in Atlanta It did ░░░░░░░░ damage than helped anybody ░░░░░░░░ Ortiz is leading that ░░░░░░░░ guy on the right ░░░░░░░░ El Moussa on flip ░░░░░░░░ flop on hgtv Up ░░░░░░░░ very recently luxury home ░░░░░░░░ those million dollars listings ░░░░░░░░ they have been sort ░░░░░░░░ not so good particularly ░░░░░░░░ five million and up ░░░░░░░░ they are beginning to ░░░░░░░░ move A lot of ░░░░░░░░ say this could free ░░░░░░░░ more housing on the ░░░░░░░░ and help perspective buyers ░░░░░░░░ are saying it is ░░░░░░░░ sign of a top ░░░░░░░░ ll hash through all ░░░░░░░░ that Now in the ░░░░░░░░ here technology as ashley ░░░░░░░░ pointing out that is ░░░░░░░░ a bit of a ░░░░░░░░ go In other words ░░░░░░░░ old saw that economically ░░░░░░░░ issues do well and ░░░░░░░░ issues don t do ░░░░░░░░ in a rising rate ░░░░░░░░ not that always holds ░░░░░░░░ but that s weighing ░░░░░░░░ certainly the NASDAQ and ░░░░░░░░ some not all technology ░░░░░░░░ here but right now ░░░░░░░░ the dow lifting the ░░░░░░░░ P 500 Both of ░░░░░░░░ averages scored monthly gains ░░░░░░░░ may We ll see ░░░░░░░░ they continue doing so ░░░░░░░░ June The NASDAQ as ░░░░░░░░ point of reference lost ░░░░░░░░ 1 1 2 on ░░░░░░░░ same month So we ░░░░░░░░ keep an eye on ░░░░░░░░ with George Seay annandale ░░░░░░░░ founder our own Jonathan ░░░░░░░░ capitalist pig hedge fund ░░░░░░░░ and Fox News contributor ░░░░░░░░ to you guys What ░░░░░░░░ you make of how ░░░░░░░░ market digests of good ░░░░░░░░ news It is sort ░░░░░░░░ a like a crapshoot ░░░░░░░░ good report can be ░░░░░░░░ as a good report ░░░░░░░░ gleaned as potentially inflationary ░░░░░░░░ Where are you on ░░░░░░░░ Neil they don t ░░░░░░░░ it to hot Therapy ░░░░░░░░ shunnists those who invest ░░░░░░░░ the stock market They ░░░░░░░░ growth and slow and ░░░░░░░░ wins the race 2 ░░░░░░░░ 2 you get more ░░░░░░░░ that they get worried ░░░░░░░░ anxious they start selling ░░░░░░░░ high multiple stocks and ░░░░░░░░ defensive stocks This is ░░░░░░░░ a strange market You ░░░░░░░░ to be nimble as ░░░░░░░░ investor We re inverse ░░░░░░░░ year Where tech was ░░░░░░░░ Oil and gas was ░░░░░░░░ We have got the ░░░░░░░░ opposite this year Neil ░░░░░░░░ know good news should ░░░░░░░░ good news I think ░░░░░░░░ but I do understand ░░░░░░░░ of the concern in ░░░░░░░░ manufacturing sector they re ░░░░░░░░ out of a lot ░░░░░░░░ stuff They can t ░░░░░░░░ up with the demand ░░░░░░░░ normally that leads to ░░░░░░░░ prices Does that worry ░░░░░░░░ Neil a lot worries ░░░░░░░░ Partially what you described ░░░░░░░░ phenomenon buy the rumor ░░░░░░░░ the fact Reminds me ░░░░░░░░ often associate cause and ░░░░░░░░ relationship 300 new highs ░░░░░░░░ a handful of new ░░░░░░░░ you are a transition ░░░░░░░░ leadership Technology underperforming but ░░░░░░░░ stocks for example American ░░░░░░░░ bank ever montreal CitiGroup ░░░░░░░░ a financial all at ░░░░░░░░ week highs today I ░░░░░░░░ t think the market ░░░░░░░░ out but the leadership ░░░░░░░░ changing from technology it ░░░░░░░░ been for years to ░░░░░░░░ value oriented areas specifically ░░░░░░░░ which are helped by ░░░░░░░░ interest rates yeah You ░░░░░░░░ oil one of the ░░░░░░░░ that has been responding ░░░░░░░░ that global demand that ░░░░░░░░ up particularly in our ░░░░░░░░ George and I did ░░░░░░░░ oil was in and ░░░░░░░░ of two year highs ░░░░░░░░ looking at the ortiz ░░░░░░░░ certainly the 70 dollar ░░░░░░░░ barrel level Does that ░░░░░░░░ you or is that ░░░░░░░░ reflection on a good ░░░░░░░░ and leave it at ░░░░░░░░ Inflation is our mortal ░░░░░░░░ neil the next two ░░░░░░░░ If it really heats ░░░░░░░░ all bets are off ░░░░░░░░ market will do very ░░░░░░░░ We re also overweight ░░░░░░░░ stocks I think interest ░░░░░░░░ are going up It ░░░░░░░░ really good for all ░░░░░░░░ stocks which have been ░░░░░░░░ in the basement for ░░░░░░░░ long time The crazy ░░░░░░░░ has been let out ░░░░░░░░ the basement because financial ░░░░░░░░ are doing well You ░░░░░░░░ Europe reopening right now ░░░░░░░░ that is also adding ░░░░░░░░ the demand for oil ░░░░░░░░ gas That is going ░░░░░░░░ be a driver all ░░░░░░░░ long Neil you know ░░░░░░░░ inflation doesn t stick ░░░░░░░░ people continue to buy ░░░░░░░░ higher prices and there ░░░░░░░░ a thought here that ░░░░░░░░ re exhausting some of ░░░░░░░░ federal benefits and extensions ░░░░░░░░ many received not all ░░░░░░░░ that eventually runs out ░░░░░░░░ options their willingness to ░░░░░░░░ more for goods eases ░░░░░░░░ this inflationary threat eases ░░░░░░░░ are you on this ░░░░░░░░ we ve seen tremendous ░░░░░░░░ of dollars printed something ░░░░░░░░ 20 of all dollars ░░░░░░░░ circulation have been printed ░░░░░░░░ just the last two ░░░░░░░░ That money had to ░░░░░░░░ somewhere Gone into places ░░░░░░░░ Bitcoin or amc which ░░░░░░░░ literally up 1000 this ░░░░░░░░ some of those meme ░░░░░░░░ Inflation you have to ░░░░░░░░ back to the mid ░░░░░░░░ to actively see it ░░░░░░░░ As was mentioned this ░░░░░░░░ a our mortal enemy ░░░░░░░░ think it is a ░░░░░░░░ to here to stay ░░░░░░░░ could surprise us all ░░░░░░░░ have to be nimble ░░░░░░░░ to be quick outside ░░░░░░░░ the last decade to ░░░░░░░░ money in this market ░░░░░░░░ guys you both are ░░░░░░░░ very good mood considering ░░░░░░░░ are holding off on ░░░░░░░░ flight liquor use I ░░░░░░░░ to explore that in ░░░░░░░░ little more detail with ░░░░░░░░ of you later in ░░░░░░░░ show It didn t ░░░░░░░░ a damper on airline ░░░░░░░░ and passenger