Episode Transcript
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Speaker 1 (00:03):
Facts, integrity, I trust.
Speaker 2 (00:07):
This is the Brian Mudshow. Hello, can stocks and cryptocurrencies go?
My first role money is.
Speaker 1 (00:14):
Never let your money and emotions cross paths.
Speaker 2 (00:17):
Unless you want less of it. If you want less
of it, go for it. Good change you'll get there.
Why over ninety percent of the time that investors jump
in and out of investments, try to time them stock market,
they do worse that they just left their money alone.
That's a lot of mistake making right there. So I
don't want you to do that. I want you to
(00:40):
be able to plan soundly for your financial future, unemotionally
take advantage of the greatest wealth creation machine in the
history of the world, which is your United States stock market.
Speaking of which, as we get going this week, we
see that all the major indexes were a little bit
higher last week. All are still lower on the year,
anywhere from one percent with the Dow to eight percent
(01:02):
with the NAZAC, though even the NASAK is back outside
of correction territory now. So stocks ended a four week
losing street last week, after having had the NAZAC and
SMP five hundred inner correction territory during the previous week,
and while investors still try to sort out what's going
to happen next with the economy. There were two developments
that helped soothe some nerves during the week. The first
(01:23):
Federal Reserves policy meeting ended without a change in interest
rates that was expected. However, importantly, they didn't change their
stance of likely implementing multiple rate cuts during the course
of this year that have been in question following the
tariff battles between the Trump administration of most of our
trading partners. Speaking of which that brought about the other
meaningful development during the week, President Trump mentioned that constructive
(01:46):
conversations are being had with many countries that stand to
face new tariffs or higher ones. As a result, he
said there may be some flexibility regarding the implementation of
additional tariffs. The one other somewhat improved economic development came
from the elant of Federal Reserves GDP now calculation the
two weeks ago suggested the US economy could contract by
two and a half percent in the first quarter. The
(02:07):
most recent estimate has the number pegged at negative one
point eight percent, obviously not good, but also trending in
a more positive direction. As for cryptos, digital currencies finally
ended their eight week losing streak last week remain means
to be seen if it's a pause and the big
picture bear market or maybe a bottom that was put in.
(02:28):
As for the price action gains anywhere about two to
four percent among the major cryptos, bitcoins still off twelve
percent of the year, either forty percent lower for the
year at the bill YZETF that represents the top ten
cryptos twenty percent lower. I can't provide any value analysis
for digital currencies because they don't have any, but it
can for stocks because they do using the S and
(02:49):
P five hundred as the benchmarket only fundamentals and nothing
else mattered. And you had a bunch of people that
were like ten walls and we're like, you know, panic
selling and just like Second Life, and they everything, Oh
my gosh, Trump.
Speaker 1 (03:01):
Or something like that.
Speaker 2 (03:02):
Most forty three percent, three percent is your maximum downside
right here. That is five percent less than the peak
of the market. Still pretty expensive historically. Nevertheless, do I
think even if we got more selling, we're going to
get to forty three percent on the downside from here?
Speaker 1 (03:21):
Now?
Speaker 2 (03:22):
Is it possible? In theory. So let's just say it happened.
If it wouldn't negatively impact your daily life. Great, You're
probably in good ship and can leave things along if
it would that point you need a new plan, if necessary,
a pro to help you with it. And by the way,
we got big gains across the board. We got crypto
gains anywhere from three to nine percent in the early going,
and stock market futures are up over one percent. So
(03:45):
it's like a big rally to start the week, all.
Speaker 1 (03:48):
Right, some Florida headlines, Governor d Santa seems to like
the idea of Florida's surgeon general working in the Trump administration.
De Santa's responding on X yesterday to a suggestion from
a sub stack writer that doctor Joseph Latipoe becomes CDC director.
He wrote, Latipo has the courage and determination to do
what's right when it's not easy. Adding Lattipo as CDC
director means MAHA make America Healthy Again is not just
(04:10):
an empty slogan. West pom Beach Democrat Congressman Lois Frankel
co sponsoring a bill aim that ensuring the Feds reimbursed
pom Beach County for the costs associated with protecting President Trump.
In town Franklin New Jersey Republican Congressman Tom Keen have
filed the Presidential Security Resources Reimbursement Act. Pombach County Sheriff
Ric Bradshaw says he fully expects to be reimbursed for
(04:32):
all the costs. He tells me that happens. But the
pom Beach Post reports that Keene is refiling this bill
after his law expired last year. So those are a
couple of headlines.