Episode Transcript
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Speaker 1 (00:03):
Freedom, Florida. This is the Brian Mudshow.
Speaker 2 (00:09):
Hello, can stocks and cryptocurrencies go?
Speaker 1 (00:12):
Well?
Speaker 2 (00:13):
My first role money is never let your money in
emotions cross paths unless you want less of it. You
want less of it, you go for that. You got
a good chance of succeeding. Over ninety percent of the
time that people jump in and now they try time
investments markets, they do worse, and they just left their
money where they invested it in the first place. So
I want to stop those emotional mistakes with money from happening,
so you can take advantage of the greatest wealth creation
(00:34):
machine in the history of the world, which is your
United States stock market. Speaking of which, as we get
started this week, we had the now does a touch
higher last week, but the S and P five hundred
NASAC a bit lower. We still have gains of anywhere
from nine to seventeen percent year today, and the stock
market winning streak was snapped as seasonality may have begun
to catch up with market last week. As I mentioned
(00:56):
in last week's report, I said, it'll be interesting to
watch the direction from here because we're the seasonally worst
time of the year for stocks without a clear near
term catalyst beyond inflation and rate discussions. On that note, though,
we did get some more solid and encouraging inflation news,
including this piece Fox's Jeffmanosso.
Speaker 3 (01:16):
New car prices have held at about record levels since
twenty twenty three, at just over forty nine thousand dollars
on average, with tariffs on things like aluminum not having
much of an impact on sticker prices yet as automakers
seem to be taking a measured approach, recognizing that consumers
are already financially stretched and don't want to risk losing
(01:37):
sales or market share.
Speaker 2 (01:38):
Yeah, so exactly what President Trump said would happen has
happened there. And so we got two important inflation indicators,
the personal consumption Index also the wholesale side of that number.
Both came in line with expectations, below three percent, yet
again still running a touch higher than the FEDS two
percent target rate. But again we are not seeing, you know,
(02:00):
this runaway inflation situation. Also, we had a massive upwoard
revision last week to the second quarter GDP rate, showing
the economy growing at three point eight percent during the
first full quarter of President Trump's second term.
Speaker 1 (02:12):
That raised optimism about the economy.
Speaker 2 (02:15):
Now as we take a look towards what could be
this week, we got a couple of big numbers. Maybe
so the partial government shutdown, that situation is going to
be watched by the markets and related So on Wednesday
we're going to get the ADP jobs report. On Friday,
we may or may not get a government jobs report.
If there's not a partial shutdown, we get it. If
there is, we want. As for cryptos, cryptos they were
(02:39):
lower across the board last week on losses anywhere from
about one to seven percent based upon your token of
choice year to date Bitcoin sixteen percent higher gains on
the high side about twenty percent after the saleof last week.
I cannot provide any value analysis for cryptos because they
have no inherent value. Can for sucks because they do
(03:00):
your maximum downside of risk and the s and P
five hundred if only fundamentals matter. About forty seven percent
from here, not something I think would happen, but possible.
Speaker 1 (03:09):
And so if it happened.
Speaker 2 (03:10):
And it wouldn't mess with you in the day to day,
you're great, You're in good shape.
Speaker 1 (03:14):
If it would, time for a new plan