About this Video

• Video Title: New Trump Tariff Warning, HIMS Stock Crash, & Trump Stimulus, Putin
• Channel: Meet Kevin
• Speakers: Meet Kevin
• Duration: 00:25:09

Introduction

This Meet Kevin video discusses several economic topics. The main focus is on the impact of potential new tariffs ("Liberation Day 2.0"), the HIMS stock crash, and the geopolitical implications of Trump's meeting with Putin. The video analyzes data, provides commentary, and offers investment perspectives.

Key Takeaways

• Liberation Day 2.0 and Tariff Delays: The anticipated new tariffs are causing distortions in economic data, potentially delaying the release and interpretation of key indicators like manufacturing data. This delay is impacting market reactions and investor decisions.
• HIMS Stock Crash Analysis: The HIMS stock crash is analyzed, revealing that while the company is more than just a GLP (glucagon-like peptide) company, a significant portion (potentially 25-50%) of its revenue was derived from GLP products. Recent changes in GLP regulations and pricing strategies have negatively impacted HIMS' revenue and profitability. Despite this, the speaker holds a long-term bullish outlook.
• Trump-Putin Meeting and Geopolitical Implications: The video comments on the meeting between Trump and Putin, suggesting that Putin's lack of interest in negotiating further indicates an ongoing intention to prolong the war, strengthening alliances against the US.
• Economic Indicators: The video examines indicators like consumer spending, layoff rates, and the overall growth outlook. While a slowdown is predicted, the low and stable layoff rate suggests a potentially positive economic scenario, dependent on the continued stability of consumer spending.
• Investment Strategies: The speaker advocates for diversified investment strategies, including investing in gold as a safe haven asset, and discusses trailing stop-loss orders as a risk management technique in the context of a potentially volatile market.

The speaker identifies two main factors contributing to the HIMS stock crash:

1. Valuation: The speaker believes HIMS was overvalued, particularly at its all-time highs.

2. GLP Revenue Dependence: A substantial portion (estimated at 25-50%) of HIMS' revenue was tied to GLP products. Changes in FDA regulations and pricing strategies for GLP products significantly impacted HIMS' revenue stream.