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Recessions, Stocks, CPI, Tech, NFLX, TSLA/Twitter, Elon interview! episode artwork

EPISODE · May 19, 2022 · 39 MIN

Recessions, Stocks, CPI, Tech, NFLX, TSLA/Twitter, Elon interview!

from Breakaway - Investing & Finance

The US is in a recession. The Fed is not helping as they are driving consumer confidence and therefore spending into the ground. Its a Fed-induced recession. Regardless, the markets needed this correction. Its healthy and if you have money this is the time to make a lot of money over the next decade.  Tech stocks and "Generals" have now been shot. Apple is down 25%. Google, Amazon, Microsoft all down over 25%.  Consumer defensive: Target, Costco, Walmart, Koels, all down! Netflix is making major strategic adjustments. About time! Tesla/Twitter....so much going on. I play some clips of Elon talking about (1) why he's buying Twitter. Surprise, it all sounds reasonable and rational. and (2) why Tesla is like 10 startups in one company. Have a great weekend! 

What this episode covers

The US is in a recession. The Fed is not helping as they are driving consumer confidence and therefore spending into the ground. Its a Fed-induced recession. Regardless, the markets needed this correction. Its healthy and if you have money this is the time to make a lot of money over the next decade. Tech stocks and "Generals" have now been shot. Apple is down 25%. Google, Amazon, Microsoft all down over 25%. Consumer defensive: Target, Costco, Walmart, Koels, all down! ...

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Recessions, Stocks, CPI, Tech, NFLX, TSLA/Twitter, Elon interview!

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How long is this episode of Breakaway - Investing & Finance?

This episode is 39 minutes long.

When was this Breakaway - Investing & Finance episode published?

This episode was published on May 19, 2022.

What is this episode about?

The US is in a recession. The Fed is not helping as they are driving consumer confidence and therefore spending into the ground. Its a Fed-induced recession. Regardless, the markets needed this correction. Its healthy and if you have money this is...

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