Weekend News with MarkZ 05/20/2023
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Welcome to the weekend…..
Member: From that old Bloomberg Video-“There’s a certain point….At midnight on some Saturday night European Central time….they are going to announce it…here’s the menu of the new exchange rates and have a nice Monday.,, Is tonight that night?
Mark does a short news first….then 30 minutes is the CBD Guru’s and then Mark with the rest of the news
MZ: “Parliamentary Finance completes voting on the paragraphs of the budget law” They are passing and approving sections of the budget law before the pass the whole thing-which I am being told is still expected tomorrow.. Mostly theatre right now imo…..they told us we would see this over the weekend and we are indeed seeing it.
Member: As they said before there is a caveat they can change the rate any time after the budget is approved, is it possible no new rate will be announced?
Member: Anything is possible
MZ: Expectations are for an early vote tomorrow to officially pass the budget . We are hopeful with the HCL in the budget that we will quickly see a rate change . There is a mechanism in the budget to quickly adjust the value. This is a very important thing that tells us they are planning to change the value. .
MZ: On the bond side I continue tp get more and more people with expectations of full closings and full funding of bond deals on the first 2 days of this week. There are a number of closing scheduled…..This is a key piece. I don’t know what that means for us on timing….but all eyes are on these transactions right now.
MZ: Will they do it? Is this it? Will they finally cross the finish line? This tells us historic big bucks are moving and things are imminent .
MZ: Redemption center folks are still on call….and on stand-by. I am hoping and praying we are about to cross the finish line.
Member: does the market need to fall for us to get our money?
Member: we all know that a crash is inevitable, it will happen!
Member: I got an email from my bank (US Bank) that said no transactions, including Zelle, auto-pay, etc will be processed on the 28th due to system updates.
Member: We are all so tired ….praying right there with you Mark!!
Member: Anticipation fatigue is real…….God bless those bond and RC folks …….they must be exhausted.
Member: RV is the one day in history where the “last shall be first”in all known history. Hang tight
Member: Have a great weekend everyone…..hopefully our last weekend broke!
THE INFO IN THIS PODCAST IS FOR GENERAL INFORMATION & EDUCATIONAL PURPOSES ONLY NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.
GUYS YOU CAN FIND ALOT OF INFO AT MARK’S WEBSITE: GO TO: https://theoriginalmarkz.com/home
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Mod: MarkZ “Back To Basics” Pre-Recorded Call” for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL MONDAY MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!
