The Truth About the Housing Market Nobody Wants to Hear | ZFS 75

Did Trump take TRUTH SERUM + Reaction to FED Meeting | ZFS 84

Send us Fan Mail [https://www.buzzsprout.com/2508075/fan_mail/new] Something happened in the last 36 hours and I need to walk you through it because Trump said six things in one day that made me think somebody injected him with the truth serum from Spy Kids. He said Iran can keep ballistic missiles because other countries have them. He admitted the stock market shoots up every time peace is mentioned and crashes when it is not because the people like it. He called the bombing of Beirut unnecessary and unfair. He said Iran never won a war but never lost a negotiation in a tweet from 2020 that just resurfaced. And then he told Bibi Netanyahu to stop bombing Lebanon on his birthday while standing next to a mongoose. I am not making any of this up. I also got to watch Kevin Warsh's very first Federal Reserve meeting as chairman and I have a take that a lot of you are not going to like. He actually handled it well. No more future outlooks outside of the meeting. Rates held unanimously 12 to 0. Inflation not returning to 2% until 2028. Half of officials now expect at least one rate hike this year. And he said things clearly and directly in a way that felt genuinely different from what we have been watching for years. I did not expect to say any of that. The MOU has apparently been signed. The terms now include $100 billion in unfrozen Iranian assets instead of $24 billion and all secondary sanctions dropped including those from US allies. Israel has stated they will continue bombing Lebanon regardless. Netanyahu is furious about the deal. And based on a poll of 3300 of my listeners, 49% believe Iran won this war and only 2% believe America did. I am eating a cucumber from my garden during this episode. It is a large cucumber. That is also relevant. Support the show [https://www.buzzsprout.com/2508075/support]

Fed Reserve BIG day + Iran Deal Friday? | ZFS 83

Send us Fan Mail [https://www.buzzsprout.com/2508075/fan_mail/new] Two big things are happening in the next 48 hours and I want you to know what to listen for so you can make smart decisions with your money. Tomorrow at 2 p.m. eastern Kevin takes the podium for his very first Federal Reserve meeting as chairman. This is the man Trump appointed, whose wife's father is Ron Lauder, who attended a Boris Epstein Christmas party in 2010 where Jeffrey Epstein was a neighbor and guest. Am I supposed to just be okay with that? Because I am not sure I am. Either way he is walking into a quagmire that Jerome Powell handed off to him. Inflation is up. The job market is struggling. Lowering rates helps jobs but fuels inflation. Raising rates fights inflation but hurts jobs. There is no clean move. I am going to walk you through the three things I think we should listen for tomorrow including whether he hints at full quantitative easing coming back and what the Cantillon effect means for your assets right now. Then on Friday there is a memorandum of understanding being signed in Geneva between the US, Iran, and Pakistani mediators. JD Vance is expected to sign on behalf of America. Trump may be present. The terms include $24 billion in frozen Iranian assets being released, $300 billion in reconstruction aid, full withdrawal of US forces from around Iran, and Iran taking joint control of the Strait of Hormuz with Oman and charging a maritime services fee. Trump said in a tweet the 300 billion was fake news and accidentally said 300 million instead of 300 billion. The deal is real and the terms are not a win for America. I will walk you through exactly why. I also close with the real reason I do not think this 60 day ceasefire leads to a lasting peace. Same reason I have given for two months. Israel does not want it to end. And Bo is still alive. We have seen him three times on the trail camera. The cage is set with fried chicken. We are going to get him back. Support the show [https://www.buzzsprout.com/2508075/support]

U.S. & Iran After Action Report [MONOLOGUE] | ZFS 82

Send us Fan Mail [https://www.buzzsprout.com/2508075/fan_mail/new] There is a deal on the table. The Strait of Hormuz has more traffic. Markets are moving. Crypto, gold, silver, and stocks all reacting the way they should for the first time in a while. And I want to be excited about it. I genuinely do. I just came back from the gym. I am wearing a SpongeBob outfit. I want to be pumped up. But I cannot get past the terms. $24 billion in frozen Iranian assets unfrozen. $300 billion in US reconstruction aid. Full withdrawal of American forces from around Iran. Iran and Oman taking joint control of the Strait of Hormuz with a maritime services fee. And the one thing America gets to call a win is Iran reiterating a promise not to build nukes that they have already made before. I also cannot get past the pickleball analogy that explains this entire war better than anything I have seen in a newspaper. You have a pickleball partner who keeps getting his kneecap destroyed right before your big tournaments. And you just found out that the guy playing in his place is the one who has been hitting him with the lead pipe all along. Just so he can keep playing. That is the situation. I close with two things I am almost certain about regardless of how this deal plays out. A supply shock in oil is still coming because thousands of boats are stuck in the Persian Gulf and the Strait is still only moving a fraction of normal traffic. And food is going to get more expensive because 40% of the world's fertilizer supply came through that Strait and it has been choked off for over 100 days. Plant a garden. Stack your savings. Cut the subscriptions. You know what to do. Support the show [https://www.buzzsprout.com/2508075/support]

11 Economic Graphs That Explain Why Your Broke | ZFS 80

Send us Fan Mail [https://www.buzzsprout.com/2508075/fan_mail/new] I pulled 11 graphs together and I want to walk you through every single one of them because I think most people are feeling this economy without being able to see it clearly. These graphs show it clearly. We start with data centers surpassing office construction in value for the first time in history and why the 200 jobs they promise are mostly custodial and security. We look at the S&P 500 versus job openings and the K shaped gap that began the exact month ChatGPT launched in November 2022. We watch a Harvard economist break down how 92% of Americans agree wealth distribution is unfair and yet nothing changes. We look at a series of graphs showing something dramatically broke in the American economy right around 1971 and then again in the mid 70s covering everything from incarceration rates to income inequality to the price of tomato soup. From there we go into unemployment. The headline 4.3% number is fake and I am going to explain exactly why. Frankie got fired. He delivers a couple burritos a week. The BLS does not count him as unemployed. Meanwhile 50% of under 30 year olds with a degree are underemployed right now in 2026. The national debt graph looks like a hockey stick sharp enough to stab somebody and it does not even include the last six years. We close on four housing graphs. Who is actually buying homes in America right now. One out of three homes purchased in 2025 was by an investor. The Blackrock Scooby-Doo buying theory. Why builders are not building. Why sellers are not selling. And why a crash is still not coming despite everything. You are not lazy, crazy, or dumb. You are just living inside a system that was designed to make you feel that way. Support the show [https://www.buzzsprout.com/2508075/support]

U.S. has a deal with Iran? | ZFS 79

Send us Fan Mail [https://www.buzzsprout.com/2508075/fan_mail/new] This is the eighth time a specific set of steps toward a ceasefire has been put in front of us. The 27th time we have declared victory. The 38th time we have declared a peace agreement is right around the corner. So let me walk you through what is actually on the table, what Iran actually wants, and why I do not think this deal happens. I break down the full timeline of this week. The Apache helicopter that went down in the Strait of Hormuz. The four regions we struck in southern Iran and northern Tehran. The Iranian drone responses into Kuwait and Jordan. The planned attack on Qeshm Island that got pulled back. And the Thursday evening announcement that a deal had been reached, which Iranian media immediately contradicted. I also walk through the 14 point deal that Iran has released publicly. The $24 billion in frozen assets. The $300 billion reconstruction fund. The full withdrawal of US forces from the region. The reopening of the Strait within 30 days. And the one thing America gets to call a win, Iran reiterating its commitment under the NPT not to build nuclear weapons. Here is my honest take. That is not a win for America. And more importantly this deal cannot happen for the same reason this war started in the first place. Israel is still bombing Lebanon. 3,711 people dead since March 2nd. Trump told Bibi to stop. Bibi launched Operation Arrows of Fire instead. Iran has made peace for Lebanon a non negotiable. Israel has made peace in Lebanon impossible. That is the wall this deal keeps running into. Support the show [https://www.buzzsprout.com/2508075/support]