Episode Transcript
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Speaker 1 (00:02):
Frego, Florida. This is to Brian Mudshow.
Speaker 2 (00:07):
Hello, can stocks and cryptocurrencies go?
Speaker 3 (00:11):
My first role money is never let your money in
emotions cross paths.
Speaker 1 (00:16):
Yeah, unless you want less of it.
Speaker 2 (00:17):
Definitely not what you're going for when you're investing, though
far too many people end up in that place. Though
over ninety percent of the time that investors try to
time markets or stocks or investment, they do worse than
if they just left their money alone where they invested
it in the first place. So I don't want you
to make mistakes. I don't want you to be your
own worst enemy. I want you to take advantage of
the greatest wealth creation machine in the history of the world,
(00:39):
which is your United States stock market. And on that note,
as we get started this week, we have a lot
of good news, a lot of good news out there,
and it's summed up pretty well where we ended last week.
Fox businesses Susan Lee.
Speaker 4 (00:53):
When Corporate America and Wall Street are voting with their
money and they're telling you that they're believing in the
policy is the economy and the health of Corporate America.
That's why you're looking at the second record close for
the tech having NAZAC sixteenth of the year for the
broader SMP five hundred, and is also encouraging when ninety
percent of corporate America that have given in their quarterly
(01:13):
report cards so far have made more sales more profit
than anticipated, and that breadth is whining.
Speaker 2 (01:20):
Yeah, So that is a big part of it what
you just heard there near the end of that report.
So as we take a look at where we stand
with the big three indexes, the dal BS and P
five hundred, NAZAC gains of anywhere from one to three
percent last week, and you now have year to date
gains of anywhere from four to eleven percent. And stocks
(01:41):
they bounced back significantly over the past week, led by technology,
as the Nasdaq closed at a new record high to
end the week. Apple had its best week and over
five years following CEO Tim Cook's Oval Office visit with
President Trump and also the confirmation of six hundred billion
dollars in total US manufacturing investments over the next four years.
(02:05):
And the rally also came despite Thursday's Liberation Day two
point zero tariffs that took effect, which dramatically increased imposed
tariff rates on a host of countries without new trade
deals in place with the United States. And as for earnings,
has mentioned there is we're coming down the home stretcher
earning season. Three friday, ninety percent of companies had reported
(02:27):
and nearly as many had beaten expectations. Earnings growth has
paced eleven point eight percent year overy year, that is
basically double what had been expected. The performance here has
really just kind of knocked the cover off the ball,
and the same way that the tariffs haven't had, you know,
the the dire effects on the economy that so many
(02:51):
of the economists predicted originally, that's really spilled over here
and with the analysts as well, they're like, well, then
companies are eating a lot of the tariff costs, that's
going to be more for profits. They're doing exceptionally well.
So again it's another narrative busted. And so anyway, this
dynamic has helped the market continue to reach the series
(03:11):
of new highs despite all of the tariff and interest
rate concerns. As for cryptos, what was good for tech
companies good for the digital currency space. Two last week
we did see across the board rally, including just a
monster week for ethereum ether of twenty one percent last
week give you an idea. About a month ago, it
had underperformed Bitcoin by over forty percent on the air.
(03:34):
Right now, Bitcoin was up four percent last week. They
are both up twenty five percent of the year, so
ether is caught Bitcoin's performance year to date. Now bill
iztf that represents the top ten cryptos of five percent
last week, eighteen percent on the year. Now, I can't
provide any value analysis for cryptos because they have no
inherent value.
Speaker 1 (03:54):
I can for stocks because they do.
Speaker 2 (03:56):
Using the S and P five hundred as the benchmark,
if all only fundamentals and absolutely nothing else mattered your
maximum downside risk from where we sit this morning, forty
five percent. That's a little bit less risk than last week,
despite stock prices being higher, because fundamentals improved faster than
stock prices.
Speaker 1 (04:17):
And that's that's.
Speaker 2 (04:17):
Pretty fun, especially when taking a look at a Nassik
that was up three percent last week, and yet you
still had fundamentals improving faster than stock prices. So the
market is still somewhat historically expensive, although it's been for
a long time, but we do see prices that are
three percent less expensive than they were at the peak
of the market cycle.
Speaker 1 (04:38):
Earlier this year.
Speaker 2 (04:40):
Now, do I think even if we were to get
a correction, we're going to get a forty five percent
sell off?
Speaker 1 (04:45):
No? Is it possible in theory. So let's just say
it happened.
Speaker 2 (04:49):
If it wouldn't negatively impact you in the day to day, great,
you're probably in good shape. If it would dive for
a new plan if necessary, a pro to help you
with that plan. And as we take like what's going on,
we are seeing the rally continue pre market. You have
a mixed bag in the digital currency space this morning,
but stock market futures are higher across the board.
Speaker 1 (05:11):
All right, let's got to look at some Florida headlines.
Speaker 3 (05:13):
The intersection of North Lake Boulevard of the B Line
back open in time from back to school as promised.
In fact, CSX railroad crossing reopened to head of schedule Saturday.
Pom Beach County schools reopen along with the rest of
the area, all Treasure Coast Counties, m Browerd as well.
Pom Beach Superintendent Michael Burke. He says safety remains top priority.
At least one cop on campus as required by state law.
(05:35):
Every staff member, even substitutes, have a crisis alert button
and new this year, elementary middle school students prohibited from
using cell phones and smart devices for the entire school day.
High school policies remain the same as last year, and
one more note should make parents and students happy. School
district expects fewer bus delays this year. You may remember
the last couple of school years we reported early on
(05:58):
that there were many delays because you had not enough
school bus drivers. Well, every bus route has a driver
on the first day. According to Burke, there's a brand
new school opening this morning and Locks of Hachie Groves
Saddlebew Elementary. It's just off Southern Boulevard to serve students
and Locks of Hachie in the Arden community, and it'll
accommodate close to one thousand students. In Saint Lucie, Kelly
(06:20):
brand new high school opening its stores for the first
time today. Legacy High in Port Saint Lucie welcoming around
one thousand students this year. A new school off of
the Crosstown Parkway. And those are some of your headlines.
Speaker 4 (06:33):
Brian