Transcript
Clay Travis (0:00)
Welcome back in Clay Travis, Buck Sexton show. Appreciate all of you hanging out with us. All right, let's dive in here. Top of the third hour. Lots that has been taking place as we move at warp speed in so many different directions. First of all, inflation is softening. Good result, 2.4% inflation rate. The goods average cost of goods actually dropped by 0.1% in the most recent month. Remember, the Fed's stated goal when it comes to inflation is 2%. If we are near 2% inflation, then the overall rates, interest rates that all of us pay on mortgages, on cars, on student loans, all of the interest rates in theory could come down as inflation has come back down. Joe Biden took office, inflation was under 2%. He drove it all the way up to 9%. And we have been steadily, slowly trying to make progress on it since. But the numbers that came out this morning, four year low on inflation moving back to 2021. The last time that inflation was this low yesterday, historic, incredible day. One of the greatest point totals, in fact the greatest point total in the history of the United States stock market. Now partly that's because the numbers are so high now, right? It's several thousand point move is a smaller percentage sometimes than it would have been for much of the historic average. Stocks have not come back a massive amount so far today as I am talking to you, down around 3% after around a 10% gain yesterday. So they have come back some, some profit taking probably from people who made a massive amount yesterday. Again, I encourage you guys not to day trade, but inflation softening, huge day in the market yesterday. The greatest day in many of our lives, basically in the market. That is what's going on on the stock market universe. On the tariff battle, Trump has raised tariffs to 145% now against China. China has been isolated. It is now standing alone when it comes to the tariffs going on. All right. Also in the House, the budget resolution has passed. This is the big beautiful bill so called by Donald Trump. It passed to the Senate. It has now passed the House. It passed earlier today, 2:16 to 2:14. The budget resolution has passed. So we are moving towards some form of resolution when it comes to extending the Trump tax cuts which were set to expire at the end of 2025, hopefully putting the budget in a better place. All of that now underway in both the House and the Senate. All of that taking place. Also, Buck Sexton and his lovely wife Carrie in theory are going to have a baby today. I am looking at my phone. We do not have an update yet. They were. They did not go in yesterday. Those of you who listen to the show regularly, she is being induced. Uh, so this was not a spur of the moment. Oh, my goodness. They have to run. I've got the show solo, at least for you guys. Today and tomorrow I am in our New York City studios because I'm up here because I'm not working enough. And on Saturday and Sunday, I'm going to be guest hosting Fox and Friends with Rachel Compost Duffy and Charlie Hurt. So if you were out there right now and you said, you know, I only got 15 hours of clay, I only got him for three hours. Monday, Tuesday, Wednesday, Thursday, Friday. My weekend feels absent without you. Well, you can get four hours on Saturday and four hours on Sunday. I will be live on Fox and Friends, guest hosting from 6am to 10am on both Saturday and Sunday. And if you want a behind the scenes look of what our studio looks like, producer Ali was just taking videos for you. I don't even understand this. I'm told all the time, oh, we need more videos of. Show us what it's like in your world. And I'm like, I don't know. I posted a photo. You can find me on Instagram at Clay Travis Outkick. And certainly you can find me at Clay Travis on Twitter. All right, so we are in the process right now waiting for good news from Buck and Kerry that is coming down. But in the meantime, there are other stories that are going on. Trump just had basically an hour long cabinet meeting publicly that Fox News and CNN both covered. I think even MSNBC covered the actual cabinet meeting. And you can go. And I'm sure many of those moments will be ricocheting around the Internet, but it was incredibly transparent to have everybody out there talking now. Tariffs have taken over. Remember, by the way, when everybody told you that the signal accidental inclusion of the of the reporter Jeffrey Goldberg was never going to go away. It's like that whole story is away now. And now we are on to the Trump versus China trade battle. It is all. Everything is. Everybody is covering in our New York City studios. Get to see all the television screens. It is all that has been covered. Trump has upped the pressure to 145% on China. Now, there are still, however, other things going on right now and I want to have a little bit of fun with some of those. One thing that is a big picture story that still matters. The Democrat Party is at historic lows in popularity. That's not just me saying that. That's CNN surveys, that's NBC News surveys, that's Gallup Poll surveys. They're all telling you the same thing, which is the Democrat Party has never been less popular. And the reason, to a large extent, I believe that it has never been less popular is because men, overwhelmingly many of you out there watching and listening to us right now, you're just done with Democrats. And I saw last night as I was getting ready for bed, Anderson Cooper had a town hall with Senator Bernie Sanders. If you wonder why CNN's ratings are not very good, town hall. If you missed it, maybe it didn't. Maybe you did it. Have it on your dvr. Maybe you didn't manage to have your entire night planned around it. But trust me, Anderson Cooper, Bernie Sanders. It was riveting television. Uh, but there was a woman who stood up. She is an attorney named Grace Thomas. And trust me, when you see her, she is clearly a woman. She stood up to ask a question. Anderson Cooper misgendered her. She began the conversation by saying, sorry, they, them. She wanted to have her pronouns respected. This is perfect. I think we've got to cancel Anderson Cooper. Now. This is what it sounded like last night on cnn. Not only that, but I want you to listen and continue. She asked why men are leaving the Democrat Party. That was her question. It's really a colossal, incredible, perfect metaphor of the Democrat party in dissent. Listen to cut 14 here. Senator Bernie Sanders. I want to introduce Grace Thomas. She's a local civil rights attorney. She's a Democrat. Grace, they.
