EPISODE · Aug 7, 2024 · 23 MIN
Recapping a Wild Week in the Markets
from Lagniappe · host Stokes Family Office
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 Connect with our hosts Doug Stokes Greg Stokes Stokes Family Office Subscribe and stay in touch Apple Podcasts Spotify Google Podcasts lagniappe.stokesfamilyoffice.com Disclosure The information in this podcast is educational and general in nature and does not take into consideration the listener's personal circumstances. Therefore, it is not intended to be a substitute for specific, individualized financial, legal, or tax advice. To determine which strategies or investments may be suitable for you, consult the appropriate, qualified professional prior to making a final decision.
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Recapping a Wild Week in the Markets
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