Investing in a Zig Zag Stock Market
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 26 May 2021
⏱️ 8 minutes
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Summary
May has been a volatile month for the stock market amid concerns over inflation and how the Federal Reserve might respond. I joined CBSN to discuss how to navigate the choppy waters.
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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.
Transcript
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| 0:00.0 | Welcome to the Jill on Money podcast. It is Wednesday, May 26th. And we are so happy you're |
| 0:10.3 | joining us. You know, over the last couple of weeks, there's been some gyrations and |
| 0:15.3 | markets. No, not Bitcoin, which has been fascinating. I'm Mark and I are just watching |
| 0:20.0 | it day to day. I keep asking him, when are you going to jump in? And he's not sure, but |
| 0:24.0 | he thinks it has to be starting with a two as we like to say in the old trader, Parallels, |
| 0:28.7 | it's got to have a two handle. So in the 20,000s, Mark might get back in. I've never owned |
| 0:33.8 | Bitcoin. But the rest of the market seems to be shaking out a little bit and maybe some |
| 0:39.9 | concern around inflation. There could be some concern about rising interest rates. There |
| 0:45.2 | just could be concern that things have gone up so much for so long. We're going to take |
| 0:48.9 | a breather. So the folks over at CBSN, which is the streaming network for CBS asked me to |
| 0:56.6 | come on board and chat with them. So last week, I had a great conversation with my pal Ann |
| 1:02.3 | Marie Green. She's lovely. We talked about markets and the economy where things stand. |
| 1:07.4 | I thought this would be a good little midweek blip for you guys. So here's my segment about |
| 1:12.7 | markets and the economy from CBSN, the streaming network. |
| 1:17.8 | Homme has been a volatile month for the stock market. This comes amid concerns over inflation |
| 1:23.8 | and how the Federal Reserve might respond. So joining us now to discuss how to navigate |
| 1:28.7 | a zig-zagging stock market is CBSN's business analyst, Jill Slesinger. Thank you so much |
| 1:33.4 | for joining us. Jill, you know, Jill, there is the stock market and there is the economy. |
| 1:38.8 | And sometimes the two tell us about each other and sometimes they just seem to be working |
| 1:44.1 | in opposite directions. So I will start with this. How was the economy doing as it rebounds |
| 1:49.0 | from the pandemic? And what is it telling us about where the markets are heading? |
| 1:54.2 | The economy is doing quite well. It expanded at an extraordinarily strong pace as we look |
... |
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