2025.04.07: Brace Positions
Morning Somewhere
Burnie Burns and Ashley Burns
4.9 • 614 Ratings
🗓️ 7 April 2025
⏱️ 28 minutes
🧾️ Download transcript
Summary
Burnie and Ashley discuss the stock market's woeful outlook, circuit breakers, Wolf of Wall Street, Black Monday 1987, Paul Volker, Nintendo's Switch 2 punt, the Tron Ares trailer [ends at 15:59], Leto Shock, Minecratft's huge weekend, unruly audiences, Minecraft is for everyone, special cameo review, and Burnie breaks down the NCAA Championship.
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Transcript
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| 0:00.0 | Whoa. I think I just figured something out, Davis. |
| 0:04.0 | What? |
| 0:06.0 | This sucks. |
| 0:08.2 | Hey, we're recording the podcast. |
| 0:11.3 | Yep. |
| 0:12.4 | Good morning to you, wherever you are, because it is... |
| 0:18.5 | Morning, September! |
| 0:20.0 | For April 7, 2020, 25, my name is... Morning Somewhere! For April 7th, 2020. |
| 0:22.4 | My name is Bernie Burns sitting right over there. |
| 0:28.5 | She's hedging her bets. |
| 0:30.9 | It's Ashley Burns. Say hi to Ashley. |
| 0:33.0 | Let's just say I'm pre-ordering my switch in the UK. |
| 0:36.4 | Look, we can talk about the very obvious thing, but we are recording this before the opening |
| 0:41.5 | bell of the U.S. stock market in what is, it depends on where you read. |
| 0:48.0 | It's either going to be bad or really, really bad today. |
| 0:52.3 | All I can say is that hopefully the circuit breakers that they've put in after like the |
| 0:57.9 | 1987 Black Monday crash, hopefully those work because this scenario actually looks a lot |
| 1:05.8 | like that. |
| 1:06.5 | Kramer, Jim Kramer, who's a very memeable analyst, if you want to even call him that. |
| 1:11.9 | The one from Seinfeld? |
| 1:47.4 | No, he's the guy. He's the mad money guy. He's always got his sleeves rolls up. He's like a bald dude. And he's like, always young. Is he the like, bye, bye, bye guy? That's the guy. So people always saying, like, he always makes the wrong call. And in fact, at this time, he was saying that had to backtrack on his previous statements about how tariffs were going to be dope as hell. Not his words, by the way. He didn't say dope as hell. But I mean, he was, he was literally on TV saying it's like, you know, this is going to be going to be great. Big drop, big drop, Monday, 20% drop. That's the one that's in Wolf of Wall Street. When they all go crazy and Matthew McConaughey and all the guys are staring at the board at the end, that's the Black Monday drop in 1987. All right. So similar to scenario to this, thus far. So, but futures, the last time I checked were like, they started off 5% down for some of the major |
| 2:02.1 | indexes. And then the Dow was, last time I checked, it was like just, just over 3% down. |
... |
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