August 4, 2025 • 5 mins
My first rule of money... Never let your money and emotions cross paths.
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:03):
Welcome to the Brian Mud Show.
Speaker 2 (00:05):
It's the info you need to start your day in
the bomb beaches and the Treasure Coast. Yeah, hey there,
Happy Monday. I believe in those things. I think they're
going to be happy mondays. Hello, can socks and cryptocurrencies go.
Looks like Monday is going to be happier and the
financial markets than Friday was My first role money is.
Speaker 3 (00:24):
Is never let your money in emotions cross.
Speaker 2 (00:26):
Paths, indeed, because if you do, you're probably gonna have
less of it. Over ninety percent of the time that
people jump in and out they try to tie markets investments,
they do worse than if they just let their money
alone where they invested in the first place. We tend
to be our own worst enemies. Don't be your own
worst enemy just to take advantage of the greatest wealth
creation machine in the history of the world, which is
(00:46):
your United States stock market. And on that note, speaking
of stock related stuff, bill that's been proposed in Congress
again that would ban stock treading among members of Congress.
Florida congress Woman Annapolina Luna, commenting on the Big weekend
show Fox News yesterday, we're.
Speaker 4 (01:03):
Given access to very private information we're working with industry letters,
we're going into security briefings. So yes, we are given
the ability to basically impact the markets and people are
making a lot of money. It's not fair and it's
not right. So during the swamp we want to banstock trading.
I think that I'll get the signatures.
Speaker 1 (01:18):
All right, So there you go.
Speaker 2 (01:20):
Now, as we take a look at the big three
indexes and how they fared over the past weekend this year,
not a good week last week, so we lost as
anywhere two to three percent. We still have gains for
the now the S and P five hundred NASEK anywhere
from three to seven percent on the year.
Speaker 1 (01:36):
So yeah.
Speaker 2 (01:36):
The immediate reaction to the financial markets two Fridays Liberation
Day two point zero, as President Trump raised tariff rates
as promising dozens of countries which lacked new trade gills
with the US similar to what we saw the first
go round selling and while losses weren't on the scale
to what we saw in early April, yet again, investors,
somehow or another seemed surprised by President Trump's followed through
and what he had promised, side stepping that aspect of things.
(01:59):
By my calculation, higher tears have been imposed on approximately
thirty eight percent of imported goods into the United States.
This comes as the Federal Reserve did not budge on
interest rates that was expected last week, but also as
you had that week jobs report on Friday, raising immediate
concerns about the relative strength of the US economy in
real time, and in the end, what was to be
(02:20):
a big week of economic news I was expected to
provide greater clarity might have done just the opposite. But
it does figure to be an interesting week on Wall
Street as investors kind of sort out their thoughts about
all this. And on that note, we are seeing futures
a lot higher this morning, so it looks like people
are coming back to reality a little bit. As for earnings,
two thirds of companies had reported by the end of
(02:41):
the day Friday earnings growth pacing over ten percent year
every year.
Speaker 1 (02:45):
That is basically double what had been expected. That's good.
Speaker 2 (02:48):
So that dynamic helped the market reach a series of
record highs prior to the late week news driven selloff.
Take it a look at crypto's The selling hit cryptos too,
losses of anywhere from four percent with bit gooin to
ten percent with ether, Bitcoin is still twenty one percent
higher on the year, Ether just four percent higher now,
bill IZTF up thirteen percent. Can't provide any value analysis
(03:10):
for cryptos because they have no inherent value. Can for
stocks because they do using the S and P five
hundred as the benchmark. If only fundamentals and absolutely nothing
else mattered and people just ended up freaking out, forty
six percent downside is your maximum from here? It's a
little bit less than the last week because stock prices
decline faster than fundamentals. The market is still somewhat historically expensive,
(03:34):
but it is two percent less expensive than the absolute
peak of this cycle.
Speaker 1 (03:39):
Now, even if we.
Speaker 2 (03:40):
Have a correction in the market, do I think we're
going to get a forty six percent sell off?
Speaker 1 (03:43):
Now? Is it possible in theory. So let's just say
it happened.
Speaker 2 (03:47):
If it wouldn't negatively impact you in your day to
day life, great, You're probably in good shape.
Speaker 1 (03:51):
Don't worry about the stuff so much.
Speaker 2 (03:52):
If it would, time for a new plan, if necessary,
a pro to help you with that plan.
Speaker 3 (03:57):
All right, let's kind of look at some Florida headliness.
The reminders you head out the door. North Lake Boulevard
is shut down at the B line. A closure began
Friday night for railroad work on the CSX tracks. Expected
to reopen the head of the first day a school
in Palm Beach County a week from today, but meanwhile
drivers asked to stick to the recommended detours along Southern Okechobee, Royal,
Palm Beach, Coconut and Orange Boulevards, as well as Military Trail,
(04:18):
sixtieth Street State Road seven. Full detour map at wj
no O dot COM's Florida News. The My Say Florida
Home Program reopens for applications today. A spokeswoman says it
offers matching grants to qualifying homeowners who better protect their
structures from hurricane damage to reimburse nearly forty thousand Floridians
since twenty twenty two. Qualifying period opens today for anyone
(04:41):
who wants to run for an open seat in the
Florida House Representatives in Palm Beach County. That House seat
in District ninety left vacant by the recent death of
Joe Cassello and Boyton Beach. He suffered a fatal heart
attack at the age of seventy three. Qualifying period will
begin this morning and expire at noon tomorrow, and Governor
d Santa said a special elections have Chember thirtieth for
primary's general election December ninth that would allow the winner
(05:04):
to be able to serve during next year's legislative session.
Speaker 1 (05:06):
Brian
Welcome to the Brian Mud Show.
Speaker 2 (00:05):
It's the info you need to start your day in
the bomb beaches and the Treasure Coast. Yeah, hey there,
Happy Monday. I believe in those things. I think they're
going to be happy mondays. Hello, can socks and cryptocurrencies go.
Looks like Monday is going to be happier and the
financial markets than Friday was My first role money is.
Speaker 3 (00:24):
Is never let your money in emotions cross.
Speaker 2 (00:26):
Paths, indeed, because if you do, you're probably gonna have
less of it. Over ninety percent of the time that
people jump in and out they try to tie markets investments,
they do worse than if they just let their money
alone where they invested in the first place. We tend
to be our own worst enemies. Don't be your own
worst enemy just to take advantage of the greatest wealth
creation machine in the history of the world, which is
(00:46):
your United States stock market. And on that note, speaking
of stock related stuff, bill that's been proposed in Congress
again that would ban stock treading among members of Congress.
Florida congress Woman Annapolina Luna, commenting on the Big weekend
show Fox News yesterday, we're.
Speaker 4 (01:03):
Given access to very private information we're working with industry letters,
we're going into security briefings. So yes, we are given
the ability to basically impact the markets and people are
making a lot of money. It's not fair and it's
not right. So during the swamp we want to banstock trading.
I think that I'll get the signatures.
Speaker 1 (01:18):
All right, So there you go.
Speaker 2 (01:20):
Now, as we take a look at the big three
indexes and how they fared over the past weekend this year,
not a good week last week, so we lost as
anywhere two to three percent. We still have gains for
the now the S and P five hundred NASEK anywhere
from three to seven percent on the year.
Speaker 1 (01:36):
So yeah.
Speaker 2 (01:36):
The immediate reaction to the financial markets two Fridays Liberation
Day two point zero, as President Trump raised tariff rates
as promising dozens of countries which lacked new trade gills
with the US similar to what we saw the first
go round selling and while losses weren't on the scale
to what we saw in early April, yet again, investors,
somehow or another seemed surprised by President Trump's followed through
and what he had promised, side stepping that aspect of things.
(01:59):
By my calculation, higher tears have been imposed on approximately
thirty eight percent of imported goods into the United States.
This comes as the Federal Reserve did not budge on
interest rates that was expected last week, but also as
you had that week jobs report on Friday, raising immediate
concerns about the relative strength of the US economy in
real time, and in the end, what was to be
(02:20):
a big week of economic news I was expected to
provide greater clarity might have done just the opposite. But
it does figure to be an interesting week on Wall
Street as investors kind of sort out their thoughts about
all this. And on that note, we are seeing futures
a lot higher this morning, so it looks like people
are coming back to reality a little bit. As for earnings,
two thirds of companies had reported by the end of
(02:41):
the day Friday earnings growth pacing over ten percent year
every year.
Speaker 1 (02:45):
That is basically double what had been expected. That's good.
Speaker 2 (02:48):
So that dynamic helped the market reach a series of
record highs prior to the late week news driven selloff.
Take it a look at crypto's The selling hit cryptos too,
losses of anywhere from four percent with bit gooin to
ten percent with ether, Bitcoin is still twenty one percent
higher on the year, Ether just four percent higher now,
bill IZTF up thirteen percent. Can't provide any value analysis
(03:10):
for cryptos because they have no inherent value. Can for
stocks because they do using the S and P five
hundred as the benchmark. If only fundamentals and absolutely nothing
else mattered and people just ended up freaking out, forty
six percent downside is your maximum from here? It's a
little bit less than the last week because stock prices
decline faster than fundamentals. The market is still somewhat historically expensive,
(03:34):
but it is two percent less expensive than the absolute
peak of this cycle.
Speaker 1 (03:39):
Now, even if we.
Speaker 2 (03:40):
Have a correction in the market, do I think we're
going to get a forty six percent sell off?
Speaker 1 (03:43):
Now? Is it possible in theory. So let's just say
it happened.
Speaker 2 (03:47):
If it wouldn't negatively impact you in your day to
day life, great, You're probably in good shape.
Speaker 1 (03:51):
Don't worry about the stuff so much.
Speaker 2 (03:52):
If it would, time for a new plan, if necessary,
a pro to help you with that plan.
Speaker 3 (03:57):
All right, let's kind of look at some Florida headliness.
The reminders you head out the door. North Lake Boulevard
is shut down at the B line. A closure began
Friday night for railroad work on the CSX tracks. Expected
to reopen the head of the first day a school
in Palm Beach County a week from today, but meanwhile
drivers asked to stick to the recommended detours along Southern Okechobee, Royal,
Palm Beach, Coconut and Orange Boulevards, as well as Military Trail,
(04:18):
sixtieth Street State Road seven. Full detour map at wj
no O dot COM's Florida News. The My Say Florida
Home Program reopens for applications today. A spokeswoman says it
offers matching grants to qualifying homeowners who better protect their
structures from hurricane damage to reimburse nearly forty thousand Floridians
since twenty twenty two. Qualifying period opens today for anyone
(04:41):
who wants to run for an open seat in the
Florida House Representatives in Palm Beach County. That House seat
in District ninety left vacant by the recent death of
Joe Cassello and Boyton Beach. He suffered a fatal heart
attack at the age of seventy three. Qualifying period will
begin this morning and expire at noon tomorrow, and Governor
d Santa said a special elections have Chember thirtieth for
primary's general election December ninth that would allow the winner
(05:04):
to be able to serve during next year's legislative session.
Speaker 1 (05:06):
Brian
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