The Elliot Omanson Show

Murphy's Market Minute | October 10, 2025

Stock markets reached new all-time highs earlier this week but declined sharply today following China’s announcement of new restrictions on the export of rare earth materials and related technologies. In response, President Trump threatened a significant increase in tariffs on Chinese products.Currently, tariffs on Chinese imports stand at 30% under the existing trade truce between the U.S. and China. This sudden escalation in trade tensions sent stocks lower this morning, pulling major indices back from their record highs.Meanwhile, the government shutdown continues, delaying key economic reports. Next week’s inflation data is scheduled for release—assuming the shutdown does not persist.Outside of official reports, consumer credit balances—which measure total outstanding credit card debt—declined slightly in August. This marks a continued downtrend since October 2024, indicating modestly reduced consumer borrowing and spending. While that may appear concerning, the pullback remains mild compared to major downturns seen earlier in the century and can be viewed as a healthy normalization rather than a warning sign.The odds of a U.S. recession remain relatively low, with Kalshi markets pricing only a 33% probability of recession by 2027.Earnings season for the third quarter is now underway, with major technology companies set to report in the coming weeks. Forecasts point to another strong round of corporate results. With easing monetary policy and solid earnings expectations, the broader market outlook remains resilient despite renewed geopolitical tensions.

Legacy Drive Incoming? Trevor Lawrence Trips, Chiefs Collapse & America’s Healthcare Scam Exposed

Trevor Lawrence memes, Chiefs heartbreak, and the truth about America’s healthcare fight.Trevor Lawrence was caught picking his nose on the sidelines just minutes before driving down the field on the Chiefs’ defense — capping it off with a game-winning touchdown rush after tripping twice.Then we pivot to politics. The government shutdown drags on, largely over disagreements about healthcare spending. The left wants to reinstate funding cut from the One Big Beautiful Bill and extend subsidies for the Affordable Care Act. Without those subsidies, nearly 25 million Americans will face higher premiums starting in January.From college tuition to healthcare, anything backed by the federal government seems to inflate faster than everything else — and these subsidies are just a band-aid on a much bigger issue. We also break down healthcare spending for non-citizens and illegal immigrants, and why it’s a problem even if it’s a small share of total costs.Finally, Jimmy Kimmel brags about polling better than Donald Trump — and we point out that anyone getting Trump-level media hate would be lucky to have numbers that close.

Murphy's Market Minute | October 3, 2025

The stock market continues its strong run in 2025, with all major indices reaching new all-time highs this week. Year-to-date, the S&P 500 is nearly 15%, while the Nasdaq 100 has gained 18%.The federal government’s fiscal year ended Tuesday night without a budget agreement, triggering a government shutdown on Wednesday. Historically, shutdowns have had minimal lasting impact on markets, with stocks often rising slightly during these periods. However, the immediate effect has been a delay in key economic data: today’s BLS September employment report was not released, and inflation reports will also be postponed if the shutdown persists. These data points are critical for the Federal Reserve ahead of its next policy meeting on October 29-30.We did receive ADP’s private payroll report, which showed a decline of 32,000 jobs in September, well below expectations for a gain of 45,000. This weaker reading strengthens the case for additional Fed rate cuts. Futures markets, per CME FedWatch, now price in a 97% probability of a quarter-point cut in October to 4.50-4.75%, with an 85% probability of another cut in December to 4.25-4.50%.Looking ahead, Q3 earnings season kicks off next week, with expectations strong for continued corporate earnings growth. Between easier monetary policy and solid earnings prospects, we believe the final stretch of 2025 sets up well for equities.

Are the New Military Fitness Standards Sexist & Fatphobic?

The military’s new fitness standards are sparking outrage. Are they fair, sexist, or even fatphobic? Elliot breaks down the one-standard debate, starting with his most degrading PT story from Fort Hood (the sink incident). We also dive into the Tylenol-autism debate — a messy fight between science and political spin. Since Trump was the messenger, people turned it into a circus instead of focusing on the science.

Charlie Kirk’s Death: Media Spin, Hate Speech & Truth

Charlie Kirk’s death sent shockwaves through the nation — and exposed just how far media narratives and hate-fueled echo chambers have gone. In this episode of The Elliot Omanson Show, we break down the media spin, the rise of political violence, and why so many are being radicalized instead of reasoned with.
We also explore how Charlie’s message continues to spark faith, strength, and resilience in a generation starving for truth.

Iryna Zarutska’s Murder — A Wake-Up Call for America

Ukrainian immigrant Iryna Zarutska was brutally murdered in a New York subway by a man with 14 prior arrests — and the media barely reacted. Elliot Omanson and Nathaniel Vossman break down what happened, why it ignited public outrage, and what it reveals about America’s collapsing justice system. They also react to viral clips from Rosie O’Donnell, Don Lemon, and Jasmine Crockett — exploring how cultural chaos, soft-on-crime policies, and collapsing institutions are reshaping U.S. cities.

Exposing Media Hypocrisy: Trump’s Health, Rosie O’Donnell’s ‘Apology’ & CNN’s Fake Narrative

Trump was trending this weekend for an odd reason: conspiracies about his health — with some even claiming he was dead. Those rumors collapsed on Tuesday when Trump held a press conference from the Oval Office. The irony? Many of the same voices questioning Trump’s health are the ones who insisted Biden was fit to serve as president.Rosie O’Donnell was forced to issue an “apology” after falsely labeling the Minneapolis Catholic school shooter as “MAGA” and a “white supremacist.” Meanwhile, CNN is pushing a false narrative by downplaying the role of trans shooters — even though their own data contradicts the story they’re selling.Stay tuned for sharp, unfiltered commentary every week. Follow the show on Podbean, Apple Podcasts, Spotify, or wherever you get your podcasts — and never miss an episode.

Trump Fires Fed Governor Lisa Cook & Cracker Barrel's Logo Flop

Trump has fired Federal Reserve Governor Lisa Cook, sparking questions about the Fed’s future and U.S. economic policy. We also cover Cracker Barrel’s failed rebrand and why the company returned to its original logo, along with reflections on the tragic Minneapolis Catholic school shooting that occurred yesterday.This episode delivers direct, unfiltered takes on the week’s most important stories—where politics, business, and culture collide.

The NFL Has Gone FULL Woke | Male Cheerleaders & End Zone Slogans

The NFL has gone FULL woke — from male cheerleaders to end-zone slogans — and fans are fed up.With the NFL season just around the corner, excitement is building. Sundays mean food, beer, and football — both real and fantasy. But while fans gear up, the NFL continues to evolve into a woke league.Recently, the Vikings made headlines for including male cheerleaders in traditionally female roles — but they weren’t the first. The LA Rams led the way back in 2018. It’s ironic: women have fought for representation in sports, yet when men occupy roles historically held by women, it’s praised as “inclusion.”On top of that, the NFL is bringing back end-zone slogans for the sixth straight year, forcing teams to paint messages like “End Racism,” “Stop Hate,” “Choose Love,” or “Inspire Change.” We’re tired of virtue signaling, especially when it feels forced. The NFL may be too big to fail, but many fans are simply fed up with everything needing to be “woke.”

Chaos & Controversy: Trump’s National Guard Call, Census Showdown & WNBA’s Wildest Trend

Violent crime in Washington, DC is near 30-year lows — but stubbornly high homicide rates keep it among the most dangerous U.S. cities. Is President Trump right or wrong to call in the National Guard? The media says no, but we’re not so sure.
 
Trump also made waves by pushing for a new U.S. Census — unusual outside the 10-year cycle — and seeking to exclude illegal immigrants from the count. Supporters call it common sense, critics say it defies the Constitution.
 
In money news, new rules will soon let 401(k) investors access private equity and cryptocurrency. More investment freedom sounds great — if you don’t want them, you don’t have to buy them.
 
And finally, the WNBA’s strangest trend yet: dildo throwing. On Polymarket, the hot bet is whether one will hit the court on any given day.