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Cliff Notes: HOW FAR WILL THE STOCK MARKET FALL? · Earn Your Leisure

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  Speaker 2: All right, let's talk about the S ANDP. Five hundred,
• 1:02
  Speaker 2: down almost a thousand points from its high fifty two
• 1:06
  Speaker 2: week low at thirty nine hundred. You know, some people
• 1:13
  Speaker 2: I was watching CNBC. Some people say thirty eight hundred
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  Speaker 2: is a good is a good level? Yeah, it's been falling.
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  Speaker 2: The stock market as whole has been falling. But the
• 1:23
  Speaker 2: S and P is probably the best judge of the
• 1:25
  Speaker 2: stock market because it's five hundred companies from all different areas.
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  Speaker 2: So it's a very broad range, you know, perspective on
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  Speaker 2: the stock market, where the dal Jones is a lot
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  Speaker 2: more narrow and the Nasdaq is even more specific because
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  Speaker 2: it's just for tech companies. So all right, S and
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  Speaker 2: P five hundred, will it continue to keep falling?
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  Speaker 3: Absolutely? Unequivocally I feel like Tia today. Yes, because there's
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  Speaker 3: no reason to. I know, in a podcast I should
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  Speaker 3: probably elaborate, right you hear it?
• 2:03
  Speaker 2: Words know.
• 2:06
  Speaker 3: If quantitative easting has went away and all the easy
• 2:10
  Speaker 3: wins are now gone. That's why I told everyone last
• 2:13
  Speaker 3: year study twenty fifteen, two thousand and eight, nineteen ninety,
• 2:16
  Speaker 3: nineteen ninety one, to see what those conditions were like
• 2:19
  Speaker 3: when higher interest rates were there. For those of you
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  Speaker 3: that did the homework and studied the past seven recessions,
• 2:26
  Speaker 3: how long due to interest rates going up? How long
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  Speaker 3: should we be in the bear market? You should know
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  Speaker 3: the number of days then, not a guess, it's a
• 2:36
  Speaker 3: range that we will be in so until so even
• 2:40
  Speaker 3: with a chip shortage that will end roughly summer of
• 2:44
  Speaker 3: twenty twenty three.
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  Speaker 4: We'll see some relief.
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  Speaker 3: There probably by fall of this year September, we'll start
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  Speaker 3: to push back up and stabilize. But yeah, for the
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  Speaker 3: next through the summer, it's gonna be a little bit treacherous.
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  Speaker 3: But if you want to know what this market is
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  Speaker 3: going to be like, look at twenty fifteen, in twenty ten,
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  Speaker 3: two thousand and nine. It'll tell you if you study
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  Speaker 3: what the market is going to look like for sure.
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  Speaker 4: Is there something that could single maybe not even a reversal,
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  Speaker 4: but some sort of up trend maybe? I mean obviously
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  Speaker 4: with China be in lockdown right now to Corona, if
• 3:22
  Speaker 4: we saw something like China reopening on a global scale,
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  Speaker 4: could that be like one of those signs that there
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  Speaker 4: could be a nice tick up or nice with the rebound.
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  Speaker 3: That would definitely help end companies that are MidCap companies
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  Speaker 3: like the Rust of two thousands to start to go up,
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  Speaker 3: because without Apple and Microsoft, who would be in a
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  Speaker 3: big bear, big ass bear market. Luckily we have those Now.
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  Speaker 3: As far as to what the S and P is
• 3:48
  Speaker 3: gonna go, yeah, we should go to thirty seven h three.
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  Speaker 4: Yeah, there you have it. Yeah, and a lot. I've
• 3:55
  Speaker 4: seen a lot of analysts. Even with the SMP being
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  Speaker 4: at a fifty two weeks though, I watched a lot
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  Speaker 4: of analysts today. They're still keeping their price soccer for
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  Speaker 4: the year at fifty one hundred some people out of
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  Speaker 4: the fifty two hundred. No budget on that. So we
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  Speaker 4: will see, hopefully, not even hopefully, we shall see if
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  Speaker 4: they're right.
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  Speaker 3: We shall see, I hope. So, but it's looking scary.
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  Speaker 3: It does look scary. It does look scary.
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  Speaker 2: It could get worse, definitely, that's that's well, they go
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  Speaker 2: definitely no, no, no, no, no, I got a play before
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  Speaker 2: we die. Okay, oh yes, it could definitely. Well, first
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  Speaker 2: of all, sixty dollars of people on YouTube, hit the
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  Speaker 2: like button. Please hit the like button. Appreciate it absolutely
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  Speaker 2: can get worse because we're not technically in a recession yet.
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  Speaker 2: The only only index out of those major three that's
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  Speaker 2: actually in recession, well bear market territory is NASA. NASA
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  Speaker 2: like twenty five percent. Neither the dal Jones or S
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  Speaker 2: and P has reached twenty percent pullback.
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  Speaker 4: Yet, Yeah, I think at fifteen percent, so it's.
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  Speaker 2: Still not a bear market technically, and we're still not
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  Speaker 2: The economy itself can get a lot worse. There's still
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  Speaker 2: a lot more room for the economy to get worse.
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  Speaker 2: So if the economy can get worse, then obviously the
• 5:11
  Speaker 2: stock market can get worse.
• 5:12
  Speaker 4: We won't used to say like, wait, the market, it
• 5:14
  Speaker 4: doesn't match the economy. Remember when during the pandemic, we're like,
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• 8:10
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• 8:11
  Speaker 4: Economy, We're like, wait, why is the market still going up?
• 8:13
  Speaker 4: And it finally I feel like we're at a point
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  Speaker 4: now where it's like the economy and the market are massing.
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  Speaker 4: They're matching each other now right like, as it's just happening, inflation,
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  Speaker 4: interest rates going up, marketing.
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  Speaker 3: This is what happens when you cheat. Now, I never
• 8:34
  Speaker 3: will want to sit in that fetch your position. But
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  Speaker 3: when you have quantitative easing for so long opposed to
• 8:41
  Speaker 3: just letting things settle out and fall apart, this is
• 8:45
  Speaker 3: what happens when you go on to twelve year run
• 8:46
  Speaker 3: and you don't have any pullbacks and you don't let
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  Speaker 3: things settle. A lot of funded went to companies that
• 8:52
  Speaker 3: were terrible companies. Like remember the era after like fifty
• 8:57
  Speaker 3: and then it was like uh D four l rest
• 9:01
  Speaker 3: in low but not his version.
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  Speaker 4: It's like laffy.
• 9:04
  Speaker 3: We're in a laughy taffy era of investing all the
• 9:08
  Speaker 3: companies of the trash. Let them get washed out. Then
• 9:12
  Speaker 3: companies that are really good adventure, companies that are good
• 9:15
  Speaker 3: at angel companies that are strong will invest in better technology.
• 9:20
  Speaker 3: We're in twenty twenty two. As a kid, we don't
• 9:23
  Speaker 3: have any flying cars, great healthcare, great tech company, and
• 9:28
  Speaker 3: we have a whole bunch of social media apps that
• 9:30
  Speaker 3: are remixes of black Plannet and instant Messenger. What we
• 9:36
  Speaker 3: expect as a country we've produced some of the shittiest
• 9:39
  Speaker 3: companies in the last twenty years.
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  Speaker 4: What do we expect?
• 9:43
  Speaker 2: We're des tracking.
• 9:45
  Speaker 3: When Paul Rosenberg is.
• 9:46
  Speaker 4: Up there, shout, shout Rosenberg.
• 9:54
  Speaker 6: Er, Yeah, I know, so Okay, should don't be mad
• 10:00
  Speaker 6: at me, you know, so Fayorball legend, legend.
• 10:11
  Speaker 2: So jay Z, one of the greatest rappers of all time,
• 10:19
  Speaker 2: has one of the greatest lyrics of all time. It
• 10:21
  Speaker 2: was actually the lyrics we named our second podcast ever
• 10:26
  Speaker 2: this lyric where he said, and anticipation for precipitation stat
• 10:30
  Speaker 2: chips for a rainy day, very important, very important. Cash
• 10:35
  Speaker 2: is still king, and in times of uncertainty, it's okay
• 10:39
  Speaker 2: to be in cash until you're actually certain. The dollar
• 10:44
  Speaker 2: is actually strengthen, very strong right now. I think a
• 10:47
  Speaker 2: fifteen years high for the strength of the dollar right now.
• 10:51
  Speaker 2: Dollars in a good place right now. Nothing wrong with
• 10:55
  Speaker 2: having money on the sideline until you're comfortable. I think
• 11:01
  Speaker 2: that there's still some more room for the market to
• 11:03
  Speaker 2: go down. Be patient, be patient, have money waiting, and
• 11:10
  Speaker 2: get in at good prices and just write it up.
• 11:13
  Speaker 4: I said, we're gonna play Belichick. Man, We're gonna win
• 11:16
  Speaker 4: rings from the sideline. We're gonna watch the game, We're
• 11:18
  Speaker 4: gonna make moves at the right time. We're gonna play Belichick.
• 11:21
  Speaker 4: Shout out to the Patriots fans. But that's that I mean,
• 11:24
  Speaker 4: he's right right, if we know, if we've seen the
• 11:27
  Speaker 4: market pull back, there's no need for us to keep
• 11:31
  Speaker 4: investing in large sums of money. We're gonna watch it,
• 11:34
  Speaker 4: keep our cash as king and when we can make moves,
• 11:37
  Speaker 4: we will.
• 11:39
  Speaker 2: And that song is from Rainna's first single, not her
• 11:46
  Speaker 2: first single, the first big single.
• 11:49
  Speaker 4: Relays her first plays, the first first one and her
• 11:52
  Speaker 4: first single.
• 11:53
  Speaker 2: But that wasn't number one, first number on my first
• 11:55
  Speaker 2: number one record.
• 11:56
  Speaker 4: It might not even be our first one record, but
• 11:58
  Speaker 4: definitely a big record, big record, Yeah, big record twenty one.
• 12:02
  Speaker 3: What was like the football era when like everybody got
• 12:06
  Speaker 3: participation in trophies? Right now, it's nineteen seven, hard nose,
• 12:10
  Speaker 3: helmet to helmet, bust your ass football.
• 12:14
  Speaker 2: My graduates from my school being forced back. Drop bag,
• 12:20
  Speaker 2: drop my drop bag, drop drop.
• 12:34
  Speaker 1: You just realized your business needed to hire someone yesterday.
• 12:39
  Speaker 1: How can you find amazing candidates fast? Easy? Just use
• 12:43
  Speaker 1: Indeed stop struggling to get your job posts seen on
• 12:46
  Speaker 1: other job sites. With Indeed sponsored jobs, your post jumps
• 12:50
  Speaker 1: to the top of the page for your relevant candidates,
• 12:53
  Speaker 1: so you can reach the people you want faster. According
• 12:56
  Speaker 1: to Indeed data, sponsored jobs posted directly on Indeed forty
• 13:00
  Speaker 1: five percent more applications than non sponsored jobs. Don't wait
• 13:04
  Speaker 1: any longer. Speed up your hiring right now with Indeed,
• 13:08
  Speaker 1: and listeners of this show will get a seventy five
• 13:10
  Speaker 1: dollars sponsored job credit to get your jobs more visibility
• 13:14
  Speaker 1: at indeed dot com, slash po d kat z thirteen.
• 13:19
  Speaker 1: Just go to indeed dot com slash pod kat z
• 13:23
  Speaker 1: thirteen right now and support our show by saying you
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  Speaker 1: heard about Indeed on this podcast. Terms and conditions apply.
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  Speaker 1: Hiring Indeed is all you need