Recapping a Wild Week in the Markets
What a week! Morgan Housel called this the biggest market decline since the last one you don't remember or care about. With talk of a flash crash happening and a recession looming, we’ll look at how Warren Buffet, Apple, and Japanese Yen played into a crazy ride over the past few days. We’ll also discuss historical market corrections and how the labor market has constantly evolved throughout history.
Key Takeaways
[00:18] - Let’s recap a crazy week [08:03] - What history says about market corrections [11:28] - Doug was right in his early-year forecast on the correlation of stocks and bonds [14:50] - AI + how the labor market is constantly changing
View Transcript
Links
How Warren Buffet’s Apple selloff may have cost shareholders billions Carlson: 3 thoughts on the stock market correction 60% of today’s workers are employed in occupations that didn’t exist in 1940
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Doug Stokes Greg Stokes Stokes Family Office
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