Latest / Earn Your Leisure / Study Hall: When Will Stocks Start Rising Again? | Market Predictions 2023

Transcript

Study Hall: When Will Stocks Start Rising Again? | Market Predictions 2023 · Earn Your Leisure

• 0:00
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 0:03
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 0:07
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 0:11
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 0:15
  Speaker 1: some of the heinous migrant criminals caught because of President
• 0:19
  Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
• 0:23
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 0:28
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 0:31
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 0:35
  Speaker 1: are here illegally, your next you will be fined nearly
• 0:39
  Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
• 0:43
  Speaker 1: never return. But if you register using our CBP home
• 0:46
  Speaker 1: app and leave now, you could be allowed to return legally.
• 0:50
  Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
• 0:55
  Speaker 1: border and families will be protected.
• 0:57
  Speaker 2: Sponsored by the United States Department of Homeland Security.
• 1:00
  Speaker 3: Let's talk about this today. Not so bad, but last
• 1:04
  Speaker 3: week was a tough week for the stock market, and
• 1:07
  Speaker 3: this month has been a tough month for the stock market.
• 1:09
  Speaker 3: So at what point do you see stocks reversing trend
• 1:15
  Speaker 3: and not falling anymore and going back up to you
• 1:18
  Speaker 3: know how it was for the rest of the year
• 1:20
  Speaker 3: when stocks were just on a rampage.
• 1:23
  Speaker 4: Yeah, I think probably October. A key thing that we
• 1:28
  Speaker 4: don't talk about is how important September is. It's the
• 1:31
  Speaker 4: start of the fiscal year. It feels like when September comes,
• 1:34
  Speaker 4: everyone's done with the vacation and then they start saying, Okay,
• 1:37
  Speaker 4: let's take this out of the budget, let's apply this
• 1:39
  Speaker 4: money here. So I think since we're getting back into
• 1:41
  Speaker 4: the swing of things and we just had witching, so
• 1:45
  Speaker 4: we factor that in. A lot of contracts expired, a
• 1:48
  Speaker 4: lot of headsphonges are not looking to buy it for
• 1:49
  Speaker 4: the next quarter. But we have to see what the
• 1:54
  Speaker 4: FED is going to do about interest rates and whether
• 1:56
  Speaker 4: I think that'll be unchanged.
• 1:59
  Speaker 2: We have to see what's gonna happen with the strike.
• 2:01
  Speaker 4: So when you're investing, you have to look and see
• 2:03
  Speaker 4: how many roadblocks are away from the market going up,
• 2:07
  Speaker 4: like you want to clean slate. So no automotive strike.
• 2:11
  Speaker 4: The strike in Hollywood needs to be resolved. I don't
• 2:16
  Speaker 4: think they'll cut rates the next year, but if they
• 2:18
  Speaker 4: make an announcement on that that would be great. And
• 2:21
  Speaker 4: then if a company puts out guidance and say, hey,
• 2:23
  Speaker 4: we expect a double revenue, that would be great. But
• 2:26
  Speaker 4: once you have all these rucks in the way, it's
• 2:28
  Speaker 4: kind of hard for the market to go up consistently.
• 2:32
  Speaker 4: And we need to see some other companies, maybe in
• 2:33
  Speaker 4: the Russell two thousand or mid caps do a lot
• 2:37
  Speaker 4: better to show signs of strength so that the Dow
• 2:40
  Speaker 4: can catch up and the S and P five hundred
• 2:42
  Speaker 4: can catch up. So that's what I'm looking for. That
• 2:45
  Speaker 4: probably would happen until mid October. If you're an investor,
• 2:48
  Speaker 4: you just have to keep buying quality. I know everyone
• 2:51
  Speaker 4: hates when the market is in a down cycle, but
• 2:54
  Speaker 4: this is the best time to actually buy when we're
• 2:58
  Speaker 4: sliding down. It's really interesting from like a psychological standpoint.
• 3:02
  Speaker 4: When the market is at a high, everyone wants to buy,
• 3:05
  Speaker 4: even though statistically it's the worst time to actually like
• 3:08
  Speaker 4: make an investment in.
• 3:09
  Speaker 2: And then when the market is sliding down, more people
• 3:11
  Speaker 2: are afraid. But you shouldn't be thinking.
• 3:14
  Speaker 4: About this over a month to month, Like if you
• 3:17
  Speaker 4: judged three months six months out, you'll be incredibly happy.
• 3:20
  Speaker 4: But I know, it's tough when you're actually making an
• 3:21
  Speaker 4: investment and you put three thousand dollars in and then
• 3:25
  Speaker 4: two weeks later you're down five hundred bucks.
• 3:28
  Speaker 2: But you have to play the long game no matter what.
• 3:32
  Speaker 5: Yeah, I think all those factors that you name, and
• 3:34
  Speaker 5: we kind of, you know, spoke about this at the
• 3:36
  Speaker 5: start of the month about all the things that are
• 3:38
  Speaker 5: happened in September. We talked about CPI, We talked about unemployment,
• 3:42
  Speaker 5: and we talked about the Fed, you know, having the
• 3:45
  Speaker 5: interest of either they're going to freeze rates or raise rates,
• 3:47
  Speaker 5: and so all those things are playing out like we said,
• 3:49
  Speaker 5: like you said, which just happened last week, and so
• 3:52
  Speaker 5: all these things are playing out exactly how we you know,
• 3:55
  Speaker 5: historically we thought they would.
• 3:58
  Speaker 2: Ernest what's up.
• 3:59
  Speaker 5: You ever walk into a small business and everything just
• 4:01
  Speaker 5: works like the checkout is fast, the receipts are digital,
• 4:05
  Speaker 5: tipping is a breeze, and you're out the door before
• 4:08
  Speaker 5: the line even builds. Odds are they're using Square. We
• 4:12
  Speaker 5: love supporting businesses that run on Square because it just
• 4:15
  Speaker 5: feels seamless, whether it's a local coffee shop, a vendor
• 4:18
  Speaker 5: at a pop up market, or even one of our
• 4:21
  Speaker 5: merch partners. Square makes it easy for them to take payments,
• 4:24
  Speaker 5: manage inventory, and run their business with confidence, all from
• 4:28
  Speaker 5: one simple system. If you're a business owner or even
• 4:32
  Speaker 5: just thinking about launching something soon, Square is hands down
• 4:35
  Speaker 5: one of the best tools out there to help you start, run,
• 4:39
  Speaker 5: and grow. It's not just about payments, it's about giving
• 4:42
  Speaker 5: you time back so you can focus on what matters
• 4:45
  Speaker 5: most Ready. To see how Square can transform your business,
• 4:48
  Speaker 5: visit Square dot com backslash, go backslash eyl to learn
• 4:53
  Speaker 5: more that Square dot com backslash, go backslash eyl. Don't wait,
• 4:58
  Speaker 5: don't hesitate.
• 4:59
  Speaker 2: Let's Square.
• 5:00
  Speaker 5: We're handled the back end so you can keep pushing
• 5:02
  Speaker 5: your vision forward. This episode is brought to you by
• 5:08
  Speaker 5: P and C Bank. A lot of people think podcasts
• 5:11
  Speaker 5: about work are boring, and sure, they definitely can be,
• 5:14
  Speaker 5: but understanding a professionals routine shows us how they achieve
• 5:18
  Speaker 5: their success little by little, day after day. It's like
• 5:22
  Speaker 5: banking with P and C Bank. It might seem boring
• 5:25
  Speaker 5: to save, plan and make calculated decisions with your bank,
• 5:28
  Speaker 5: but keeping your money boring is what helps you live
• 5:31
  Speaker 5: a more happily fulfilled life. P and C Bank Brilliantly
• 5:35
  Speaker 5: Boring since eighteen sixty five. Brilliantly Boring since eighteen sixty
• 5:39
  Speaker 5: five is a service mark of the PNC Financial Service Group, Inc.
• 5:43
  Speaker 5: P and C Bank National Association Member FDIC. I think
• 5:49
  Speaker 5: the one thing that maybe people overlook is the geopolitical
• 5:52
  Speaker 5: climate of the economy. What's happening in China, which we've
• 5:56
  Speaker 5: documented on a number of occasions, but what's still happened
• 5:59
  Speaker 5: in the Russian Ukraine, Like, these things still play a
• 6:02
  Speaker 5: major role in the world economy. And so those things
• 6:05
  Speaker 5: are happening, and let alone anything else that may arise
• 6:08
  Speaker 5: over the next four to six weeks, you know, I mean,
• 6:10
  Speaker 5: you just never know. So all those things put into
• 6:13
  Speaker 5: a bullet is a recipe for some of the climate
• 6:17
  Speaker 5: that way. But like I said, we've seen September and
• 6:20
  Speaker 5: historically it has been the worst month for the market.
• 6:23
  Speaker 5: But like you said, the other end of the spectrum
• 6:26
  Speaker 5: is that if you're somebody that's looking to figure out
• 6:28
  Speaker 5: what time should I invest, it's a great place time
• 6:32
  Speaker 5: to start putting the seats.
• 6:34
  Speaker 4: I mean, if I told you two years ago that
• 6:36
  Speaker 4: at one point a former president would be indicted, and
• 6:40
  Speaker 4: then a president's son will be going possibly the jail.
• 6:45
  Speaker 2: You'll be like you've lost your mind.
• 6:46
  Speaker 4: Like this is one of the most interesting political climates
• 6:51
  Speaker 4: I've seen, and that unrests costs is for concern, like
• 6:56
  Speaker 4: especially once again when you only have seven companies. I
• 6:58
  Speaker 4: know you guys get tired of us talk about Apple
• 7:00
  Speaker 4: and Microsoft, but it's like, and even with Apple, you're
• 7:03
  Speaker 4: on the clock.
• 7:03
  Speaker 2: You need to start innovating.
• 7:06
  Speaker 4: I think Michael Batman wrote wrote a newsletter or article
• 7:09
  Speaker 4: saying this Apple the new IBM. If they don't fix
• 7:12
  Speaker 4: this by iPhone seventeen, I'm gonna have a different declaration
• 7:17
  Speaker 4: on iPhone. It's time for some innovation. If any of
• 7:21
  Speaker 4: you work at Apple or used to work there, please
• 7:23
  Speaker 4: send us up the food chain. I know they are
• 7:25
  Speaker 4: not taking it serious, but and I know because of
• 7:28
  Speaker 4: the regulation and regulatory issue that they have to make
• 7:31
  Speaker 4: the charging port of USBC, that's not the innovation that
• 7:34
  Speaker 4: we need.
• 7:35
  Speaker 2: It's really not.
• 7:37
  Speaker 4: So companies overall have to do better, like we need
• 7:41
  Speaker 4: to have a conversation when a Starlink going to go public,
• 7:43
  Speaker 4: like Starlink made one point four billion dollars last year
• 7:46
  Speaker 4: as a privately held company. Another great elne innovation. We
• 7:51
  Speaker 4: need more companies to produce real products and real services
• 7:55
  Speaker 4: that are needed. We don't need another social media app
• 7:59
  Speaker 4: for dogs.
• 8:02
  Speaker 3: I guess trapped in a matrix.
• 8:06
  Speaker 5: For trying to get him out of here. Can't you
• 8:07
  Speaker 5: can't be talking. You can't be talking about Tim cook
• 8:09
  Speaker 5: like that man.
• 8:11
  Speaker 4: Listen, every time I mentioned Tim Cooker Zuckerberg, I get frozen.
• 8:13
  Speaker 2: I'm sorry.
• 8:15
  Speaker 5: Yeah, they said that the pre order sales for the
• 8:18
  Speaker 5: fifteen are coming in better than expected, which is, to
• 8:23
  Speaker 5: my now a little surprising.
• 8:25
  Speaker 2: I didn't think they would.
• 8:26
  Speaker 5: I didn't know if people would be clamoring to have
• 8:28
  Speaker 5: a new phone that's kind of similar to the last
• 8:30
  Speaker 5: three that they have.
• 8:31
  Speaker 2: But it goes with my brand. Again. Gotta innovate.
• 8:36
  Speaker 4: You have to innovate, and I like to get ahead
• 8:38
  Speaker 4: of these problems before it gets too bad.
• 8:41
  Speaker 2: We need to see some innovation immediately in Apple.
• 8:45
  Speaker 1: So an illegal alien from Guatemala charged with raping a
• 8:49
  Speaker 1: child in Massachusetts. An MS thirteen gang member from Al
• 8:52
  Speaker 1: Salvador accused of murdering a Texas. Man of Venezuelan charged
• 8:57
  Speaker 1: with filming and selling child pornography in Michigan. These are
• 9:01
  Speaker 1: just some of the heinous migrant criminals caught because of
• 9:04
  Speaker 1: President Donald J. Trump's leadership. I'm Christy Noman, the United
• 9:08
  Speaker 1: States Secretary of Homeland Security. Under President Trump, attempted illegal
• 9:13
  Speaker 1: border crossings are at the lowest levels ever recorded, and
• 9:17
  Speaker 1: over one hundred thousand illegal aliens have been arrested. If
• 9:20
  Speaker 1: you are here illegally, your next you will be fine
• 9:24
  Speaker 1: nearly one thousand dollars a day. Imprisoned and deported, you
• 9:28
  Speaker 1: will never return. But if you register using our CBP
• 9:32
  Speaker 1: home app and leave now, you could be allowed to
• 9:34
  Speaker 1: return legally. Do what's right. Leave now. Under President Trump,
• 9:39
  Speaker 1: America's laws, border and families will be protected.
• 9:43
  Speaker 2: Sponsored by the United States Department of Homeland Security.