Dec 1, 2021
Summary:
Unsurprisingly, the markets experienced a major meltdown over Black
Friday—is it time to flee the market, or is this just another
variant of financial disruption? I sit down and chat with Jeffrey
Small to get the full picture of why this happened, and its
relevance to the current economy. Thankfully, this disruption will
most likely not mean much, and we will probably bounce back from
the extreme inflation in the coming year. Tune in to get more
insight.
Highlights:
-The market’s reaction on Friday was a knee-jerk reaction to the
unknown
-Markets don’t like uncertainty
-This disruption probably won’t mean very much in consideration of
the virus we’ve been living with for a while
-Inflation does create earnings growth, which is good for the
market
-Investors need to buy companies that they know will have earnings
growth
-The inflation we’re having now is excessive and will hurt the GDP
growth
-Once we get past the holiday season, things will deflate and
people won’t be spending as much on goods
-There is no reason as to why oil should be priced how it is
today
-The government is directly responsible for oil trading at a
high
-Are the tech stocks defensive? The Tesla stock is somewhat of a
trend
Useful Links:
Financial Survival Network
Arbor Financial