Episode Transcript
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Speaker 1 (00:03):
Welcome to the Brian Mud Show. It's the info you
need to start your day in the bomb Beaches and
the Treasure Coast. Hello, can stocks and cryptocurrencies go? My
first role money happens to be it is never let
your money and emotions cross paths. That is right, because
if you do, you're probably going to perform a lot
worse than you otherwise. Would certainly not what you're going
(00:25):
for when you're investing. Yet, over ninety percent of the
time that people try to jump in and now time
investments markets, they do worse than if they just left
their money alone where they invested it in the first place.
So don't be your own worst enemy. Now, I try
to fill in the gaps informationally, so hopefully you can
plan sally for your financial future taking advantage of the
greatest wealth creation machine the history of the world, which
(00:45):
is your United States stock market. And it was quite
the ride by the end of the week, in a
large part driven by the Fed. It'll Fed speak Fox's
Hillary Barski.
Speaker 2 (00:56):
Stock surge, with the down notching its first record close
of the year, as FED church Rome Palell hinted that
a September interest rate cut might happen, but stop short
of committing, striking a careful balance between job market risks
and lingering inflation pressures.
Speaker 1 (01:10):
Specifically, what Palell said that did it? He said, the
baseline outlook in the shifting balance of risks may warrant
adjusting our policy stands. There you go, well that the
expectation for an interest rate cut in September is up
to seventy five percent among investors. So we had a
furious rally on Friday, and it brought stocks from a
(01:31):
decline during the week mostly higher by the end of it.
NAS The's still off about one percent on the week,
but the now up two percent to a recognize you heard,
and gains on the major indexes anywhere from eight to
eleven percent year to date. Now, speaking of the Fed,
another dynamic to watch this week developments with the Biden
appointed FED governor and Lisa Cook, who's under investigation for
(01:52):
mortgage fraud. President Trump had indicated that he might fire
her if she doesn't resign on her own. So we'll
say if she were a replace by a Trumpet point
t much greater likelihood that you would see more aggressive
rate cuts. She has been with Powell in terms of
the approach on policy. This week features a slew of
new economic data. It's going to show insight into the
(02:13):
healthy economy, including durable goods orders revision to the second
quarter GDP, new and pending home sales, Personal consumption index
that's an important inflation metric, and of course geopolitical news
confactor and well especially if there's something big that were
to happen with Russia and Ukraine. As we take a
look at cryptos mixed bag last week, but Ether ethereum
(02:34):
just continues to be the star.
Speaker 2 (02:36):
Now.
Speaker 1 (02:37):
Bitcoin was all four percent last week, but Ether is
up a note the third seven percent has now doubled
the return of bitcoin this year. Ether of forty two
percent of the year Bitcoin of twenty one percent. That
Bill yztfor represents the top ten cryptos is up twenty
five percent. Can't provide value analysis for cryptos camp for
stocks using the S and P five hundred as the benchmark.
I absolutely everything hit the fan. Your maximum downside risk
(02:59):
from here is forty six percent. Don't think that'll happen,
but if it would, and it would hurt you, Time
for a new investment plan.