Kevin O'Leary's Shocking Prediction For The Stock Market, Housing Prices, & 2026 Economy

**SPEAKER_1** (0:00)
Fiscally responsible, financial geniuses, monetary magicians, these are things people say about drivers who switch their car insurance to Progressive and save hundreds. Because Progressive offers discounts for paying in full, owning a home and more. Plus, you can count on their great customer service to help when you need it, so your dollar goes a long way. Visit progressive.com to see if you could save on car insurance. Progressive Casualty Insurance Company and Affiliates potential savings will vary, not available in all states or situations.

**Kevin O'Leary** (0:33)
Every story has a hero. It has a bad guy. I want to be the bad guy. You're an a**. Get the a** out of here. You're going to spew bulls**t at me? That's going to cost you something. So what? This is business. Life is hard. Then you die.

**SPEAKER_1** (0:46)
Get over it.

**Kevin O'Leary** (0:47)
Some people just go crazy when they hear the truth. And I don't care. What really motivates everybody at the end of the day is money.

**Graham Stephan** (0:57)
What's an investment that everyone loves right now that you think is going to collapse?

**Kevin O'Leary** (1:01)
It's never the one you think. I'm breaking little news here. Something's going to go down 80% because of AI disruption.

**Jack Selby** (1:10)
Will AI replace more jobs than it creates?

**Kevin O'Leary** (1:13)
No. We just don't know what the transition is going to look like. AI is going to be such a powerful tool to create new industries we haven't even thought of.

**Graham Stephan** (1:20)
When do you think the next recession is going to hit? And what do you think is going to cause that?

**Kevin O'Leary** (1:25)
It's not going to end well. It will destroy the fabric of the economy.

**Graham Stephan** (1:35)
Kevin O'Leary, thank you so much for coming on The Iced Coffee Hour.

**Kevin O'Leary** (1:38)
Well, I always enjoyed it.

**Graham Stephan** (1:39)
Really appreciate it. I want to get your reaction to this clip that just recently went viral, and I want to know what was going on.

**Kevin O'Leary** (1:46)
All right, Kevin, a quick last word. Oh, wow. Which I'm not sure. My last word is, you're all nuts. Like that's just...

**SPEAKER_1** (1:52)
Oh my god.

**Kevin O'Leary** (1:53)
Thank you, Kevin.

**SPEAKER_1** (1:54)
Guys, as you...

**Kevin O'Leary** (1:55)
Are you in on that?

**Graham Stephan** (1:56)
I, look, we gotta keep it together here, okay?

**Kevin O'Leary** (1:59)
Honestly, I mean, there's a way to talk about these things.

**Graham Stephan** (2:02)
If you don't have anything to say, just say that, and I won't come to you next time.

**Kevin O'Leary** (2:05)
You know, all right.

**Jack Selby** (2:06)
You just said something very important, in your own words, which was, you're all nuts.

**Kevin O'Leary** (2:11)
So I, you know, Abby and I have had a long relationship, and she is actually very successful right now on CNN. I believe she has the fastest growing numbers on that platform. And I think CNN has also determined through its producers that they will garner a larger audience if it's a real debate. In other words, instead of just taking one side or the other, which there was a time in media where that outlet was left, that outlet was right. But that's not what advertisers want. They don't want to biafricate the market in 50-50. They want every customer regardless of what their politics are. And so what I've learned, and I think I'm the only guy doing this, I go to every outlet. I go to all of them and I stick with policy, not politics. I don't show for politicians. I show for policy that I think is good or policy that I think is bad. And I have an opinion about that. I'm a columnist. I'm not a journalist. And so in the case of that narrative, we were debating the performance of, I think it was Munich and it was AOC talking about policy in Munich. And she clearly was not prepared. And so she did not have a good outcome in terms of global press. And we were talking about that. And they seem to want to say, well, that was okay. She just had a brain fart or something, whatever they were calling it. And I said, and they were trying to compare it to Trump. I said, this has nothing to do with Trump. Trump wasn't there. This is a poor performance by AOC. Now, let's draw this analogy. If I get hired to go speak to an audience, which I do, I want to know who's in the audience. I want to know exactly what the narrative is going to be. And I want to be prepared. I want to know my stuff before I get out there, because you're going to get fried if you don't know what you're talking about. And that's what happened to her. She didn't know what she was talking about. And basically didn't prepare. And so I say, look, she failed.