Monty & Jake are talking Utah Jazz Basketball, as the Utah Jazz head to Cleveland tonight to take on Donovan Mitchell and the Cleveland Cavaliers. Did the Utah Jazz do the right thing trading Donovan Mitchell to the Cleveland Cavaliers? Did the Utah Jazz “win” the Donovan Mitchell trade, or did Donovan Mitchell get the best of the trade over the Utah Jazz?
The Monty Show is presented by The Advocates Injury Attorney’s!
www.UtahAdvocates.Com 801-509-6823
Mention The Monty Show for a free consultation!
With Christmas rapidly approaching, is it time for the LA Lakers to trade Anthony Davis? Davis, who is hurt again and out of the LA Lakers lineup, is having one of his best statistical season, but again has missed significant time with injuries, should the LA Lakers trade A.D. while they can? Are the LA Lakers wasting what is left of LeBron James best days in the NBA? Does LeBron James have to consider winning another title or is he staying in Los Angeles with the Lakers no matter what?
STOP SEARCHING FOR THE PERFECT SIDE HUSTLE!
Trade NOW with Try Day Trading!
Register now for a FREE no obligation webinar!
GO HERE NOW: https://trydaytrading.com/monty
BYU’s season is over, and still there is no clarity on Jaren Hall and his decision to return to BYU Football, or go to the NFL. Is Jaren Hall coming back to BYU Football? Should Jaren Hall go to the NFL Draft, or has this latest injury done too much damage to Jaren Hall thereby forcing Jaren Hall to return to BYU Football?
For all the best BBQ equipment, rubs, sauces, and spices, go to BBQ Pit Stop online: www.BBQPitStop.Com
The NFL provided some incredible moments, including the Dallas Cowboys falling apart late, Tom Brady and the Tampa Bay Buccaneers turning the ball over repeatedly, Jalen Hurts continuing his run to the NFL MVP, and the Detroit Lions winning six of seven to crawl back in to the NFL Playoff race!
Order your take and bake pizza at Papa Murphy’s Pizza!
Use the promo code: MONTY25 for 25% off your purchase.
Is the US truly in a recession, or an economic downturn? With the news that Goldman Sachs is laying off employees, and a difficult period in the tech industry including significant staff reductions, is the US truly in an economic downturn? Mortgage rates and the FED both surprised consumers with lower than expected rates, and unemployment at a historically low level …many believe the us is not in a recession, or headed for one.
3 Comments
Go Jazz! 🎉
I did some quick research on historical interest rates. The data the industry is currently putting out only goes back to 1971 – right as Nixon was taking the world off the gold standard (US Dollar was the world currency and all trade, especially oil, was done in US Dollars, therefore it was the world, not just the US). This was the beginning of a period of sky high inflation and high interest rates. Rates did not "normalize" again until about 20 years ago, because things started going extra crazy after the twin towers came down and it's been one crazy thing after another. Also, prior to that, Clinton and Congress together repealed the Glass-Steigle Act separated commercial banking from investment banking and then mortgage backed securities started being proliferated globally like they were on steroids. At the same time, China opened up, with cheap slave labor, and they had to put their earnings somewhere – treasuries and MBS denominated in US Dollars.
The time period being used by the mortgage industry artificially starts at or near a 50 year peak and only has the last 20 or so low years thrown in – thus skewing average interest rates to the high side. For over 30 years prior to 1971, interest rates were in 3% range – the more normal range.
People are being conditioned to accept high interest rates again, and you guys are getting sucked into the great big lie. It's the 33 year Olds they want to fool the most so you will pay high rates your whole life and just accept it.
That's not "normal" it's just another big lie being told in order take undue advantage.
Some of us remember and know better. We also know we can stop using credit and just use cash – as long as they don't cut us off from that with controlled digital currencies. Look out for that move. We are slaves pure and simple if that happens. They will next outlaw private possession of gold and silver again too, as it was for a long time.
Don't just accept what you are told by bankers, including especially mortgage bankers.
👆 – MY PRIVATE PHOTO HERE 🔥❤r🍒