Welcome back to the play big podcast.

We're having conversations with people that are playing big in life, in business and in money today, we have a special episode where we are going to be surfing online with Jason time.

So buckle up.

It's going to be fun.

It's going to be all over the place.

And I'm, uh, I'm very excited to go through these articles.

Some things that, you know, caught my attention based on.

about before, or, you know, things that I'm just curious about what your thoughts are going to be.

Uh, so we'll just dive in, you know, straight away.

The first one is article from the AP news dot com about the Dow Jones tops for the 40, 000 for the, for the, for the, for the, uh, What's this say?

Hold on.

Got it.

The Dow Jones just crossed 40, 000 for the first time.

The number is a big but means little for your 401k.

So that's the title of the article.

The Dow Jones Industrial Average just topped 40, 000 for the first time.

The latest pop in what's been a surprisingly good year for Wall Street.

Just like New York's represent, uh, The But just like New York represents a arbitrary point in time in the Earth's revolution around the sun, such milestones for the Dow doesn't mean that much inherently.

For one, with just 30 companies, the Dow represents a tiny slice of corporate America.

For another, almost no one's 401k account sees its performance depend on the Dow, which has become more of a relic used for historic historical comparisons.

Here's a look at what the Dow is and how it got here and how it It's used among investors is on the Wayne.

So for those of those, uh, those of you who are listening or watching, if you don't know what the Dow is, this is what it is.

It's a measure of 30 established, well known companies.

These stocks are sometimes known as blue chips, which are supposed to be on the steadier and safer side of wall street.

Now what's in the Dow.

Not just industrial companies like, uh, Caterpillar and Honeywell, despite its name, the roster has changed many times since the Dow began in 1896 as the U.

S.

economy has transformed.

Out for example, was standard rope and twine and in recently have been big technology companies, Apple, Intel, Microsoft, or something newer economy names currently in the Dow.

The final financial industry has a healthy representation with American Express, Goldman Sachs, JP Morgan, Chase, and Travelers.

So does healthcare with Amgen, Johnson and Johnson.

Merck and United health group.

So what's this all about?

The Dow just crosses 10, 000 as late as 10, 000 point threshold to top 40, 000 briefly and midday trading on Thursday.

It took about three and a half years to make the leap from 30, 000 points, which is for, which first cross in November, 2020, it's kept chugging mostly higher, despite the high, the worst inflation in decades, painfully high interest rates meant to.

Get inflation under control and worries at high rates would make a recession inevitable for the economy.

U.

S.

economy.

Companies are now in the midst of reporting their best profit growth in nearly two years and the economy has managed to avoid a recession at least so far.

So just going through that.

What, what, what comes to mind?

Because, you know, Jason, um, once again, for those who are new here and just getting to, to know a little bit about Jason, Jason's the educator, um, uh, and a speaker who, who really talks about you, the individual, the personal development of you growing you.

And in that time, as you're, you're, you're taking on yourself, as you're challenging yourself to play big in life, uh, You are the person who is, um, involved in every aspect of your life.

So whether it's a business, whether it's family relationships, if you get you right, you'll show up better in each of these, these areas on the other side, Jason is also someone who's very good with his money, very smart with his money, but he's been mentored by Robert Kiyosaki.

And so one of the things that he talks about is being able to, uh, knowing how to make money.

How to keep money, which a lot of us tend to struggle with, and then knowing how to multiply your money.

So having some knowledge on what's going on in the financial industry, uh, It's important.

And so I, this is why this article

caught my attention.

Yeah, I think it catches a lot of people's attention with the Dow going over, uh, 40, 000.

I think what's important is to always remember to just be a student.

Number one is the more that you read articles like this and the more that you study what's happening, uh, with money, uh, the easier it is to make decisions of what's right for you.

Some people may, may take the time to study in my experience.

Most people don't take the time to study.

So I'm glad that you're bringing it up.

I'm glad that you're paying attention to it.

I would strongly encourage people to go to a website called, uh, armstrongeconomics.

com armstrongeconomics.

com.

There's a guy by the name of Martin Armstrong.

Uh, that's somebody that I study and it helps me put an article like this.

into perspective based on his expertise.

So he ran one of the largest hedge funds in the world.

He writes a blog every single day.

He has the world's largest, uh, AI, uh, database on all things affecting money.

And it's important if you want to learn what is happening with money, you just be a student of money.

And what's important to understand is that there's so many things that can affect a Dow Jones industrial average that can affect the economy that can in fact, uh, affect inflation and things like that.

And so when I see that it reminded me just just literally just a couple days ago He was writing that he actually predicted back in 2020 martin armstrong was talking in 2020 that the dow jones industrial average would go above 40 000 And people thought it was crazy and they didn't know it and yeah, it's a little sliver only a little sliver But what he pays attentions to is the flow of capital Globally, and when things like what are happening right now with global wars, uh, with inflation, with all these other things taking place, a recession or whether however you view it.

He finds out where capital is flowing to and, and big money flows into the Dow Jones when things are going bad.

And so when things are going bad, how is it that something is going good?

It's because they see it as a safe haven.

It's not a bet on small little technology companies.

It's not a bet on something.

It's a bet on, you know, the blue chip companies, the, the stodgy companies that are there.

And I would encourage people to go, go read it, especially right now, because People are excited about 40,000.

He actually says, I think by 2034.

By 2034, so in the next 10 years, he says that he thinks the Dow Jones could go all the way up to 65,000.

Wow.

So if you're somebody that's like, where could I put not all my money, but maybe a percent of my money is maybe find an index that, uh, a fund that indexes the Dow Jones Industrial Edge, because markets go up, markets go down, but there's always.

Things relative to other things that are happening in the world So the idea that they're talking about like 401k plans.

Yeah, you'd have to see like in your 401k plan Where are you allocating your money within that 401k plan because all 401k plans you have an option Or an opportunity to put your money into small chip companies small growth companies technology companies things like that So when you're talking about your money You know, it says you work hard for your money every single day, every single week, every single month, uh, you owe it to yourself a little bit to do a little bit of research to understand where's a good place for you, uh, that you feel comfortable having your money out on this chess board called the called the global markets because you're not going to affect the global markets.

They do what they do, and governments do what governments do, and you're not really going to impact that.

But you have an opportunity to at least educate yourself of what is actually happening and when it's Articles like this come out.

Uh, just what does it, what does it mean?

And, uh, what does it mean for you?

And then what does it mean?

What decision are you going to make based on, based on this information?

Yeah.

Yeah.

So it's awesome.

It's interesting that what's interesting about this article versus what you've just said is the article sound makes it sound like even at the beginning where it says like, you know, for almost, for, for another, almost no one's 401k will see this, see it's.

It's performance depend on the Dow, right, which I guess my interpretation of that is sure.

Overall, if you have your 401k and the investments, it's not going to potentially make a lot of impact depending on how you're doing your investments and things like that.

But for me, I'm also getting out of it.

It's like, The article makes it seem like the Dow is something that's antiquated.

You know, it says that it's really more used for historical comparison, but the way that you just spoke about it, plus with, uh, you know, um, uh, mentioning Armstrong, um, Well,

yeah, Martin Armstrong on the website is armstrongeconomics.

com.

It's basically what he's saying is that currently the economy is bad and recession is happening.

Inflation is high.

There's war.

There's all kinds of.

Uh, unknowns that are out there that makes the typical companies, uh, it's a hard time for the average companies that are out there.

And so people that have a lot of money, big, big, uh, investors, hedge funds and stuff like that look for a safe place to put their money.

And so all you do is say, well, where do they believe that the safe place is currently?

So they're basically putting it there in the Dow and those Dow companies or the index as a place to just hedge against everything else that's happening.

So yeah, maybe every, if the average person in an average 401k isn't seeing an increase like what the Dow is seeing because their money's spread out everywhere and they're a higher percent of it's being negatively affected than maybe, A small percent of your money being in just the DAO.

That's not saying that the DAO is the holy grail of anything.

It's just pay attention and be educated.

And, you know, maybe don't just take a reporter's view of something.

That's why I like Martin Armstrong because he's not really, it's based off of like a database.

It's based off of AI and algorithms.

Not really his opinion.

It's his interpretation of what is happening with the world.

Flows of money globally.

Got it.

Yeah.

Got it.

All right.

Well, we're gonna I don't, I don't got anything.

I don't have anything else for this, but I just thought it'd be interesting to bring up and get your perspective on it.

Now we're going to take a swing to another place.

Okay.

Now I'm excited about this one.

Um, this article is titled Biden versus Trump.

Uh, what to expect from presidential debates.

So, uh, recently in the news, or at least now they're, they're posting about how, uh, Biden has been challenging.

Basically challenged Trump to, to, to, you know, do the debates.

And, uh, the article talks about, it gives you on, and this is on routers.

com, routers.

com.

Um, I'll have all the links in the show notes as well for you to look them up, but it gives a little bit of insight of, you know, what are present, uh, presidential debates.

It talks about, you know, how, who moderates it and, and things like that.

But what caught my attention, um, in this article was, you know, It talking about what Biden side versus what Trump sides, you know, there are, are looking for, or what they're trying to get out of it.

And it sounds like, uh, right now there still hasn't been, there's been agreed upon times in a sense of like, um, I believe it says it was, uh, July and August, and then, you know, maybe another two.

And, uh, September and June, I have to find that back on here.

But either way, they're saying this article is talking about that some things that both sides has to be, uh, there's some certain risk for both sides.

And so this time strategists say there are risks for both candidates who are locked in a tight race and share low enthusiasm from voters.

Biden aids think debates could hurt Trump by exposing his sometimes changing positions on issues like abortion.

And they regard as political that they regard as political vulnerabilities.

Trump aids see Biden as prone to verbal slip ups that could amplify voter concerns about the 81-year-old pre uh, president's, president's age, Trump will be 78 by the time the first debate is held.

Uh, then it talks about what happened the last time that they had a debate.

Where then president Trump and Biden debated twice in 2020 race with the first exchange evolving into a chaotic shouting match from the set for the second debate moderate moderator said they would mute each other's each candidate's microphone to allow the other to speak without interruption for the first two minutes of each debate segment but the candidates behaved more civilly and the mute button was not a major factor.

Uh, the third debate was canceled because, uh, Trump had tested positive for COVID.

So, uh, here's what I was mentioning where Trump accepted Biden's proposed, uh, for June and September, uh, debate dates, but he also sounds like he wants to do two more in July and August.

And then on through in the through social posts on Wednesday, Trump said he had accepted terms for a matchup on Fox News in October, but the Biden team showed no signs of accepting Trump's invitation for more debates.

A Biden campaign spokesperson declined to comment on the issue.

And traditionally, there's been There's usually about three presidential debates.

Um, what, what's your, what's your thoughts?

Uh, I love debates.

I love, I enjoy watching people with opposing views.

Uh, Uh, try to, uh, make their compelling argument, in this case, to the American people of, uh, why what they believe is best for the American people or best for the country.

And so I always love it.

I love, I love watching two people with opposing views go at each other and yeah, I mean a mute button or whatever.

I think they should just let it, let it just be that like, I think people are afraid sometimes of heated, heated arguments or.

What it is, but you're talking about your future.

You're talking about your family's future.

You're talking about what's good for you.

What's good for your community and the P and the country that you live in.

And if two people both want the honor, privilege and right to be able to be.

The person's making decisions on your behalf.

It's you owe it to the American people to let them let them go at each other and let them have their points.

Yeah, obviously, you can get heated or things like that.

But you're you're talking about a country.

You're talking about the future of people and they have opposing views.

Yeah, sometimes I'm not a fan of the way that things are moderated.

I'm not, I'm not a moderator.

But there are, the moderators are chosen, obviously, by a network, and the network has what moderator they feel is best gonna allow civility and, and things to take place.

But I love watching debates.

I think it's fun.

Got it.

So there's another part that I want to point out in this article that caught my attention was right now.

The reason why there's no, um, official set dates yet for the debates and things like that is because both sides are disagreeing on certain terms of engagement.

Um, and so, um, What some of those are for Biden says that he would participate with strict rules in place, including a microphone controls to reduce interruptions in a venue, uh, featuring candidates and moderators alone.

And Trump says that he was, he's calling for a very large venue for, uh, entertainment purposes.

Well, I mean, I think everyone's going to try to play to their strengths.

Obviously.

Yeah.

I think anyone can agree that Biden's not the most, uh, articulate individual, uh, that's there.

So having an audience that is cheering or booing, you know, isn't good, isn't good for him.

Having a muted microphone where he doesn't want someone, uh, interrupting him or whatever is just so he can get his thoughts out clearly, I think obviously it helps him.

Trump is, you know, Obviously the exact opposite.

He is an entertainer.

He doesn't like it.

Rowdy.

He likes it.

Likes it rough and tumble.

I mean, back to the his show, The Apprentice, he had no problem interrupting people are chiming in or coming, coming at people, challenging them on.

It's his character, right?

So both sides.

Yeah, they're gonna say based on my character, what's the best context for my character to be in?

And they're so different characters that yeah, finding a common ground is a little difficult.

But yeah, I think they should do one of each, let one be, one be completely muted with nobody in it and see how it goes and, and see if it works in that person's favor and then let the other candidate have one that's rough and tumble and yeah, man, let them slug it out.

Yeah.

You get it your way one time and I get it my way the next time.

That's fair.

Awesome.

All right.

Moving on.

Unless there's anything else you got for this one.

No, man.

I can't.

I can't.

Personally can't wait.

I think it's going to be entertaining one way or the other.

I agree on.

Uh, all right.

Last one, Jason.

What do you know about Ozempic?

Not much.

Not, you don't know, you know, okay.

Not much.

Okay, so I just, I literally just found out about it yesterday.

I was listening to a podcast and, um, uh, they brought up Ozempic, which I guess there's other drugs out there, uh, for weight loss and things like that.

And, um, apparently though, like, and I had to do, I found this great article, um, on health.

ucdavis.

eu that gives a really good synopsis about it.

But Ozempic actually started off as a drug to combat diabetes.

It wasn't about weight loss or anything like that.

But what they found was as people with diabetes use it, That they noticed that there was weight loss, um, that was a side effect was weight loss.

And now, I guess in mainstream, a lot of people,

well,

they're not even, it's not even claimed that they have diabetes.

Now it's being pushed as a weight loss, uh, drug.

Uh, and so now everyone is, you know, starting to, you know, take it or start, you know, it's getting, it's becoming more mainstream.

And so they're taking it as a weight loss drug.

Um, so I'm just going to read the article and I just want to hear your thoughts on it.

And, uh, we can talk about a little bit more.

So, um, this is a little bit of older articles.

So this was from last year, uh, July, 19, 2023.

Ozempic for weight loss.

Does it work?

And what do experts recommend?

About 42, 000, uh, 42 percent of American adults are obese.

According to the.

control the Centers for Disease Control and Prevention, the CDC.

For years, people have been trying all sorts of methods and medication in search of the perfect weight loss solution.

A new trend has been getting a lot of attention, people using the diabetes drug ozempic for weight loss.

But what does the research say about the use of the drug?

Do health experts, uh, do health experts recommend ozempic for weight loss, weight loss purposes?

Our experts answer these questions and more.

So what is Ozempic?

Ozempic, uh, known generically as, yeah, semaglutide.

I'm not a doctor, so you know, forgive me for pronunciation.

Was approved in 2017 by the US Food and Drug Administration, the FDA, for use in adults with type 2 diabetes.

Ozempic is a weekly injection that helps lower blood sugar by helping the pancreas make more insulin.

It is not approved for weight loss, but some physicians prescribe it to be used for weight loss.

How does Ozempic work?

Ozempic works by mimicking a naturally occurring hormone.

As those hormone level rises, the molecules go to your brain telling it you're full.

It also slows digestion by increasing the time it takes for food to leave the body.

This is similar, this is similar to the effect of, uh, by, by, by reaction, uh, Bariatric.

Bariatric.

Thank you.

Bariatric surgery.

When using ozempic to treat diabetes, weight loss is a common side effect.

It is designed to be taken long term.

So does ozempic work for weight loss purposes?

The active ingredient in ozempic is a semaglutide.

does work for weight loss.

According to research, it's important that people continue to make lifestyle changes to help their weight loss, such as eating right and exercising.

Ozempic as of at least last year, I don't know about this year, but as of last year, uh, Ozempic is not approved for weight loss.

However, semi glutide is approved for weight loss under the name Wegovy.

Ozempic has a se a smaller dose of se, uh, semaglutide than wegovy.

It's important to note that if you start taking either of these drugs for weight loss, your b your body may get used to it.

Establishing a new normal, this can cause your weight to plateau.

Research has shown that if you stop taking Ozempic or Wegovy, it's likely that you'll gain back the weight you lost.

Wow.

So, initial thoughts?

Uh, yeah, I, I have, uh, a couple, obviously, diabetes as a.

I think a big problem in the, in the U.

S.

and I think that, um, can stem, stem from a lot of different things.

So, you know, people are going to go and, uh, find medications to try to help whatever it is that's there.

But there's, there's a couple things that are interesting.

To me there that, uh, it's important that people continue to make lifestyle changes to help their weight loss, such as eating right and exercising.

I mean, at the end of the day, I think that the human body is a magnificent design by, by God and that it's, it's your greatest pharmacy and giving your body, uh, whatever it needs, like the right nutrients, the right, you feeding your body, what it naturally needs.

And I think there's so much processed food in the United States and compared to other countries that I've always said for a long time, For a long time, you could ask people anywhere in the world if you want to be more physically fit, what are two things you need to do in order to have a more physically fit body?

And everyone knows the answer to it is eating right and exercising.

The problem is people's discipline and commitment to eating right and exercising.

And so if you're not eating right, you're not exercising right.

Your entire life what happens is that your body begins to break down or it's not running optimally It's not running efficiently and obviously other things can happen in life and you can have hereditary things that come in But the moment you start putting something else into your body, it causes something else to occur, right?

So like for me, it's awesome people, uh that are in the science field can find and create, uh A drug that helps solve a problem.

Sometimes those drugs cause a secondary worse problem.

Like they're like, Oh, that's all the side effects.

Have you ever listened to the ads?

It's like, uh, this drug may cause this side effect.

And it's like, it's like a laundry list of side effects that could happen.

What I think is kind of cool is that it caused a positive side effect of weight loss that maybe it's not the original intention, but something else happened.

And I think that that's kind of cool.

Because that's how science works, and that someone was able to figure it out.

Uh, but the other, the other thing that caught, caught my attention was when it, it said, Uh, It's important to note that after you start taking either of these drugs for weight loss or for diabetes, your body may get used to it, establishing a new normal.

I think that's so cool about the design of the human body that you could put this, uh, outside thing into your body and over a period of time, your body just, you know, Finds it as normal, like rebalances itself, but it says it can cause your weight loss to plateau, which is cool.

So you're not going to go down to skin and bones that if you stop taking it, obviously you'll gain back the weight you lost.

So, you know, I think people look for short term, short term solutions to long term.

And, uh, if you really do have a real health issue and you're taking something to combat, I think that that's great.

But if you're using it to solve a problem that you yourself can solve, I'm usually not a fan of that.

Right.

So if I can take something to make me lose weight, Uh, and feel like I don't need to eat right and don't need to exercise and I take something else to make me lose weight and I stop taking it.

Obviously, my body is going to go back to its natural thing because of my daily disciplines of, eating poorly and not exercising.

So for me, I'd like the underlying messages is I love science.

I think that it's awesome that there's that smart of people out there that can find ways to help the human body when the human body starts to deteriorate or do something.

Um, but I think for me, it's also just a lesson or a reminder to people that don't run to a fast solution.

To something that you can control long term, which is eating right and exercising.

You've been given this body as a gift from God.

To me, you owe it to yourself to treat it.

The best way that you could.

It's the only, it's the only home that you have.

It's the only body you're ever going to have and everyone gets off track.

So I get off track a lot of times, but then I got to get myself back on track to drink more water, eat better, put, you know, fruit into my body.

Maybe not vegetables.

I'm not a fan of vegetables, but, uh, You know, I love it.

I'm glad that you, you found this up this article.

I do.

I do know if my parents are older and my wife's parents are older that diabetes is a real thing.

And you gotta, you know, you start taking medicine as your body starts aging and, um, yeah, different things happen.

But I just think that it's interesting that People may look, run to things as a solution to something that they can control if they chose to, if they chose.

And so that, so here's the crazy thing.

So this is where, uh, in, in, in, in mainstream culture now, This is, that's the hot button.

That's the hot take is now that it's being, uh, pushed more for, or it's being more promoted, even if it's not by the companies, but like people who are using it and seeing the weight loss and things like that.

Um, it's, it's that whole underlying thought of, okay, well.

How do some people feel about someone who takes a drug to lose this weight versus, you know, doing, uh, doing the work and even seeing it in writing here of, Hey, um, your body can get used to it.

It becomes your new normal.

There's certain how there's a certain plateau of what it will do for you.

And then should you stop or when you stop?

It's going to.

Your body's going to regulate itself back, right?

And so you just talked about the whole, um, having the discipline, you know, if you're, if you're taking it for health reason, that's one thing.

But if it's something that you're doing to, you're making a short term decision, you know, based on something that can be done in the long term, you know, by, Eating right drinking, you know water and you know, whatever extras eating and exercising, you know Making that decision.

So there's been a lot of backlash going on between people who are saying Look, they're looking at people funny.

I Mean and people do that people judge other people inside.

I'd also careful not to make a Uh, too much of a judgment out of some, maybe they really have something going on in their life and maybe this is something that kickstarts them to make them, you know, get feel like they have worth or they see a result faster and maybe, uh, that's something that encourages them to go start exercising and eating right because they see.

The result of it or the way that they feel the way that their clothes fit and maybe that can be a catalyst for something But nothing at the end of the day beats just doing the daily discipline of what you know You already should be doing anyways And you know you control what you put in your mouth

That is true.

That is true.

So, well, that's all I got, you know, for, for this one, for this episode, man, um, those things that stood out to me.

And as I do some deeper dives on some stuff, I look forward to, to next week of, of whatever I find that, you know, I think will be interesting.

A lot of things, a lot of things out there, but yeah, these are cool topics.

Awesome.

People are talking about anyways.

Awesome.

Well, thank you for your time, Jason.

Until next time.

Tune in to the play big podcast.

Always ride the wave of life and always play big and you're not going to want to miss the next Q and a with Andre.