In short
The episode’s main segment debates whether the stock market (especially S&P futures and oil) is being manipulated, with claims of unusually blatant, coordinated moves tied to political/administration announcements and possible insider access.
Guest backgrounds
Matt Rogers and Bowen Yang (Las Culture East) host. The “Market Mondays” discussion features Joe Kernen (frequent market commentator/trader).
Key claims
Gold entering a bear market; Apollo capping withdrawals from a private credit fund to retail investors; Goldman Sachs and JPMorgan offering select clients the ability to short a $1.8T hedge-fund market; alleged futures manipulation (large S&P futures moves, shorting before a deadline, then “cronies” riding prices up).
Notable examples
A $1.5B S&P futures move with $192M short; “quad witching” behavior; oil kept under a level via negotiation.
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Chapters
Tap a time to open that second in VOMarket Manipulation Insights
3:23 to 5:00
Discussing the manipulation of the stock market and current trends.
“So number one, gold has officially entered the bear market.”
Market Trends and Predictions
5:00 to 8:31
Analyzing current market volatility and predictions for the future.
“I always say the market is rigged to stay up, but I've never seen a cohort or an administration be so blatant with the move and act like everything is absolutely fine.”
Transcript
Automatic transcript. May contain errors.0:00This is Matt Rogers from Las Culture East, that's with Matt Rogers and Bowen Yang. This is Bowen Yang from Las Culture East, that's with Matt Rogers and Bowen Yang. Hey, so what if you could boost the Wi-Fi to one of your devices when you need it most? Because Xfinity Wi-Fi can. And what if your Wi-Fi could fix itself before there's even really a problem? Xfinity is so reliable, it does that too. What if your Wi-Fi had parental instincts? Xfinity Wi-Fi is part nanny, part ninja, protecting your kids while they're online. And finally, what if your Wi-Fi was like the smartest Wi-Fi? Yeah, it's Wi-Fi that is so smart.
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3:52Three weeks ago, I came on and told you guys that there was a bubble in private credit. If you want the cherry on top to know that it's here, when clients of a certain net worth are able to short it, They only are offering that to select clients with a net worth from 10 to 50 million. There is a reason why. Apollo has frozen. This is like the worst kept secret on Wall Street right now. But I don't think enough attention is being put on it. And then also this morning, there was a$1.5 billion move on the S &P future. And it was$192 million short. Are you going there? Let's go there. It's 7.04 a.m.
4:33eastern standard time joe kernan just getting his coffee in between the break like i've let's be honest and and all the time i've been trading futures at 2015 i've never seen such blatant market manipulation like i have people i was running into today asking me about the futures market who never traded the market before they're like isn't that the thing you were talking about i'm like we are in an era and the market has always been manipulated. Let's be clear. I always say the market is rigged to stay up, but I've never seen a cohort or an administration be so blatant with the move and act like everything is absolutely fine.
5:14And even in the oil market, look how they're rigging that and saying we're in negotiation to keep it under a certain level so you don't get shellacked in the midterms. We're just in very interesting and trying times. For all my political experts and MAGA experts that have tuned into Market Mondays. Keep up alive. But you have to call us pay to pay. This is blatant. If we did this, if we went on InvestFest and did InvestFest Live on a Monday and told everyone to get in, we would have some phone calls to answer the next day. I got to give you credit. I'm going to give you credit here, my brother, because you're sharp.
5:54Let me just tell you, you're sharp. When I'm doing the research and I'm thinking like, oh, I'm thinking, I saw that. I don't know if anybody else saw that. But what you're saying is, I'm like, that's spot on. There was a billion dollar trade, right? Somebody was shorting the market, which tells me that institutions are not really, they can't figure out the signal of this volatility, right? They were going into Monday anticipating that the market was going to be negative because of this 48-hour deadline and the fact that they're pricing in, that this war is going to last a lot longer than they thought it would.
6:28The initial thing was, hey, this might take four to six weeks. We have now hit week four. They're saying that based on everything that they've seen, we're going to now short. So imagine when 707 comes, and now here we are up 1 ,300. There's a divide. So when we talk administration and we talk institutional, it always felt like there was some alignment. this tells me that there's a vast divergent exactly yeah yeah and another tip on quiet we just had quad witching on friday 80 of the time since 2016 on a friday of quiet witching the market normally ends negative because you can't roll over those contracts contrary to popular believe um so there was a huge short started from the london session going into friday the market ended up down and then they like you said they acted as if it was going to be all of a fallout and then they had allegedly their cronies ride the market up their property back up to prevent the onslaught and on and the selling in the market as a result like i've never seen these kind of moves like once again 80 to 90 points in the s &p future is absolutely amazing 200 before the mark it's the equivalent like if luca had 50 when the game started this normally doesn't happen like it normally takes it would be the equivalent of him saying the war is over or we have a plan to get the gdp back to 100 opposed to 123 that will cause that kind of move, not just him tweeting normally.
8:08So, but for my traders, take advantage of this market while you have it, because when he's out of office, to be honest, these kinds of swings will not be there. Well, I think, cause I, I definitely want to, yeah, not to stay on this point for too long, but yeah, I think that that's definitely important for people to really pay attention. And, um, we're not going to have this level of volatility forever. So you might as well take advantage of it is definitely market manipulation, allegedly. Allegedly. Maybe. But every time that he makes an announcement, there's a huge trade that's placed a few minutes before.
8:48It happened with the tariffs. It happened with the war in Iran, announcing that we're going to go in. And it's happened a variety of different times. So it doesn't take a genius to figure it out that some people have access to information. Bitcoin as well. And they're making financial gains based off of information that the public is not privy to. But what can you do? You can participate. Participate. You can participate for sure. Hey y 'all, it's Lauren LaRosa. Have you ever had one of those weeks where your curls are just parched? Like no matter what you do, they are begging for moisture. Cantu heard you loud and clear with their new Ultra Moisture Collection, powered by Batana Oil and Jamaican Black Castor Oil.
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11:34Visit BajaMar.com today and discover a vacation destination where memories are made for a lifetime. Baja Mar, life spectacular. Hey, it's Bobby Bones. You know, Eddie and I recently stopped by Yeah in Nashville. It's an incredible nonprofit empowering kids through music education. Thanks to Hyundai, we recorded a special podcast episode while we were there. How do you think learning an instrument helps kids with confidence? Learning an instrument allows them to discover a little bit further of who they are and be comfortable with it and then share a little bit about that with others. And if it's done in an environment that is celebrating and championing them, then that confidence can only go up.
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From the publisher
Financial analyst Ian Dunlap exposes the "worst kept secret" on Wall Street: intentional market manipulation and rigged volatility.
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