Whoo, what a crazy day we're about to have today! My name is tom nash, former senior financial analyst and currently a full-time youtube personality here, to tell you what's going on in the stock market a lot to cover today, oil prices, and we have some hints where they're headed alibaba and a bunch of other chinese stocks Making waves again interesting, tesla and germany, the love affair is back on and why the markets are not taking seriously john powell yesterday, he basically tried to put the brakes on this crazy rally we had last week, but it turned out to be a fart very loud And quite forgettable, so why does the market ignore john paul's, more hawkish approach, we're going to talk about all that, but as always, don't click? Nothing, don't smash! Nothing don't buy! Nothing! Just listen! Let's do this, so the first thing we start with today is a massive thank you for the bottom of my heart. Thank you. A month ago, i said that this is your last chance to buy tesla stock for 900. Now the stock shortly dipped to around 800 or even a little bit less, prompting massive sales by haters, doubters and people who didn't believe in tesla.

Now, i'm just saying thank you. My friends and myself appreciate you selling to us the tesla stock for around eight hundred dollars. Thank you so much. We appreciate it keep hating.

While i keep not taking stupid bits, i don't take bets against the u.s economy against the us dollars and against elon musk and tesla. You keep betting it tesla and see what happens now. The reason i'm saying this is because today is a monumental day. Elon musk is going to be opening tesla giga berlin.

Today, another 500 000 vehicles per year of capacity, mainly model y and model 3, are going to be made in germany. So i guess the people who said that the germans are coming were right. Germans will be making the best electric vehicle in the market right now. It just happens to be a tesla, i mean they were.

I guess 50 right now, jokes aside, the red tape that ellen will be cutting today is literally the red tape that he had to deal with almost symbolically in germany and you people from germany and france. You know it it's the worst bureaucracy to handle when you open the company and open the business, but it was worth it because the stability of this german facility is going to be unrivaled once you get through the red tape in germany, you're golden it's not going To be as risky and has exposed geopolitically like china, 500 000 vehicles in europe, massive diversification as far as risk management express capacity and don't forget all prices are going up. What do you think it makes tesla way more attractive as it stands right now, there's massive supply of evs in the market and people are still waiting for six, seven, eight, sometimes even a year until they get their tesla now, with prices going basically berserk ev demand Is going to go up, tesla is going to be in a crazy pandemonium of sales and demand. Thank you for hating.

We love it. We appreciate it see you at a thousand bucks real soon and speaking of oil prices 112 dollars per barrel. This is insane up. 50 on the year, not as high as we've seen it right after the invasion, but still crazy, high, what's going to happen with oil prices, and why do you care well? The first thing is: why do you care well because it massively impacts inflation and if you hold any growth shares or any value stock, the performance of these equities will be insanely impacted.

What oil does believe it or not? Oil is a building block in your economy, and the price of oil will impact everything, so the choice, whether to take more defensive positions or more growth stocks and bet on a massive rally has to do with oil prices. That's the whole thing here and again: the question is going to be whether oil prices keep going up or will they come back down and, of course, how much more money warren buffett will make, because no matter what happens, the dude makes money much like my uncle Dima, who came here in 1984 here i mean to our apartment. He still lives here. Warren buffett never left.

The dude keeps banking year after year, occidental. How smart does demand look right now insane so shout out to warren buffett now, as far as oil prices and where they're headed i mean, there's a lot of uncertainty in the market because of russia because of ukraine supply chain issues, sanctions massive uncertainty, massive fear is Driving the price upwards. Now it doesn't help that the entire world is coming out of a pandemic, so there's also massive demand. It also doesn't help that opec are very stingy with the supply for their own reasons, and you have this cluster freak right now.

Massive demand, big fears for massive producers and a lot of issues going on that basically may or may not untangle this. If opec play ball, that's going to lower the price if russia and ukraine work out a deal, that's going to lower the price. If both these things doesn't happen, prices will go up it's as simple as that nobody really knows, but so far it seems that opec are not playing ball and it seems that russia and ukraine are not really getting closer to a deal. So at this point it seems that oil prices for the meanwhile will continue to be elevated and extremely volatile.

Now, let's talk about inflation. What just happened yesterday with jerome powell, jerome powell went on tv, i think intentionally, trying to slow down the market, because the last time he was on tv, it didn't work. We had a crazy week, crazy rally. The s p 500 went up by six percent, and jerome powell was basically way more hawkish yesterday, come out and say, hey more rate hikes, possibly higher rate hikes, possibly more inflation, possibly basically giving all the right signals to slow down this market.

Now it worked to an extent the markets have stopped the rally, but nothing beyond that. So what happened? Why did this head fake, didn't work for john paul? That was my version of a head fake. Well, the reason is because it is still historically low, 0.25 plus 6 hikes or 0.25 plus 8 hikes or 10 hikes or 12 hikes. It's still two to four percent interest extremely low.

Historically, i know we've all been used to the zero percent thing. Listen two to four percent is quite cheap. It's still a party time now. The other thing is we're all fed up with this bs from the fed nobody's buying the anymore we're immune.

His credibility is in the toilet after the whole transitory campaign. That was, you know, went up in flames like an old fart, very loud, very noisy, but smelly and forgettable, and even he admitted yesterday that this thing fell apart, like a house of bricks, a house of bricks, i mean the house of bricks should be fine. I mean the house of cards, maybe, but it fell apart, and the question is what's going to happen next, look whether we see 0.25 or 0.5 going forward. It don't matter, and the main reason is.

It seems that the market have already priced in massive increases. Beyond what the fed has already announced. Look: eight percent inflation, elevated oil prices, it seems like it's inevitable - will go way higher than two or four percent, assuming they can work out the u.s debt problem. Now, if that's the case, this little 0.25.5 head fake that he tried to do yesterday, is not that effective.

That's why you saw the market pretty much say and you know, move on john paul seemed to have lost his ability to get the market to do his job for him. You know if you do a little head fake, the market corrects you may not have to raise interest anymore right at this point, he's down to his last tools, which is basically actual rate hikes, because the credibility of the fed is basically in the toilet. Nobody believes them anymore, let's see what happens and let's talk about the alibaba festival. 2.0.

It's again in the news buying more shares upping from 15 to 25 billion buybacks massive the market is loving it and also on the same day. Interestingly enough, the chinese government says: hey alibaba, jd and baidu be ready to prepare for more scrutiny on your financials. Now, that's a very interesting coincidence right. The chinese government is against signaling more openness, the second time in a couple of weeks right and more buybacks.

It almost seems like somebody's interested to raise the price of the shares of baba. Who knows but here's the thing, here's the part i don't understand and no hate in baba, because baba in itself is a great company. I don't like the vie structure. I don't like the chinese government as a geopolitical risk.

I think china is uninvestable as a country. It's like one of those russian restaurants. You know how in russia and soviet russia, he had restaurants that served employees of factories and was all roach infested and you had rats and flies, and the food was pretty much. You know not edible.

I mean really dangerous and every time you had like an official visit, they would let the people in the restaurant know and it would be pristine. Beef, stroganoffs, and you know wine, champagne and it's the same thing. What are you preparing for if you're, already u.s gap compliant? Why do you need to prepare for an external audit? I think that's a mistake by the chinese government, basically showing the card a little bit of the level of said compliance to us cap. But let's see what happens and no hate to everybody who makes money of alibaba good for you.

If you made money right on the thing is look there's a reason why chinese companies are priced at a fraction of comparable u.s companies. That's not because they're living in a great geopolitical environment, you know what i'm saying so. I'd rather pay a premium and invest in stable u.s companies which are living according to rule of law and cannot be nationalized. The ceos cannot be thrown in jail or prison or, worse.

You know i just like to pay a premium for a better product. That's just me, but if you make money of alibaba good for you, no issues at all, as always a huge shout out to our channel members and the patrons. If you want to join our patreon channel memberships, it's five bucks per month. The link is going to be below if you join today, we're actually watching a russian movie called brad on discord all together and i'm kind of narrating.

The movie check it out try to enjoy today, but we will watch more movies. I mean you don't have to join today, but if you will it's gon na be cool, it wouldn't really sell anything behind the paywall there, but just a kind of a hangout for the community. If you want to support us and support this comment, come join us five bucks per month and i'll see you there. Thank you.