Episode Transcript
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Speaker 1 (00:05):
The news you need to start your day, and the
bomb beaches at the Treasure Coast. This is the Brian
mut Show. Yeah, hello, can socks and cryptocurrencies go as
We're also taking a look at what is happening with
the breaking news. All hostages, all living hostages released by
Jamas to Israel, huge celebrations going on all throughout the
(00:26):
Middle East, especially until the President Trump on the ground
he's going to address the Israeli government and President Trump
runs center. And what happened in the financial markets as well,
So we take a look. My first role money, Never
let your money and emotions cross paths because if you do,
good chance you're gonna lose it. Over ninety percent of
the time that people jump in and out they try
to time investments in markets, they do worse that if
(00:46):
they just left their money alone where they originally put it.
I don't want you making emotional mistakes with money, So yeah,
hopefully you don't do that. And I try to fill
in the gaps informationally with this weekly update, get you
a little bit of an idea of what happened on Friday,
which was the worst day for the financial markets since April.
Speaker 2 (01:04):
A massive market sell off on Wall Street Friday, following
President Trump's warning of higher tariffs on Chinese goods in
response to China's new restrictions imposed on rare earth mineral exports.
Speaker 1 (01:16):
Right so, that happened now yesterday, the President saying that
it should not be a big concern that he's going
to talk with she. He thinks they can negotiate and
work these things out. But China was looking to restrict
rare earth mineral agreements that had been part of the
previous trade deal with the President, and also restricting other countries.
So we are seeing a relief roundly pre market right
(01:38):
now because the President said that he believes this will
be worked out. Meanwhile, if we take a look, markets
were off three percent for the week across the board,
daw S and P five hundred NASEEC still have gains
of anywhere from seven to fifteen percent, so that in
the partial government shutdown will dominate the conversation this week.
By the way, it ripped crypto's lower last week as well.
(02:00):
Your losses of anywhere from eight to fourteen percent on
the week for your major tokens, you still have your
today gains for cryptos anywhere fourteen to twenty five percent.
I can't provide any value analysis for cryptos because they
have no inherent value. I can for stocks because they do.
Using the S and P five hundreds, the benchmarket, only
fundamentals and nothing else mattered. Your maximum downside risk from
(02:23):
here is a forty seven percent drop. That's a little
bit lower than last week because prices fell faster than fundamentals.
Still pretty expensive, though it's on the historically expensive side.
Even if we got continued selling. Do I think we're
going to get that big of a sell off now?
Is it possible? In theory? So if it negatively impacted
you in the day to day, great, you need to
(02:45):
do something about it. And if you are not impacted
in your day to day, you're in good shape.