Market Report: IS THE BEAR MARKET OVER?
Market Mondays
EYL Network
5.0 • 4.1K Ratings
🗓️ 12 August 2022
⏱️ 10 minutes
🧾️ Download transcript
Summary
In this Market Report we talked about the current recession that we're in and we discussed if the bear market is over. #bearmarket #investing #stockmarket
Link to episode: https://youtu.be/XuG_TH3eP7s
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Transcript
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| 0:00.0 | Let's get into it. Okay, so the recession. Yeah, the report has |
| 0:03.4 | a last Thursday came out that we have two negative, which it wasn't a |
| 0:09.5 | surprising by two negative quarters. But the spin on it is that we're not |
| 0:14.7 | in a recession's wrong power said that, you know, it's extended |
| 0:17.7 | circumstances. So I believe she's the White House secretary. I |
| 0:21.5 | think. Yeah, well, one of the sister, I don't know what her role is. |
| 0:27.4 | Oh, yeah, the White House question on the year. It's definitely. Yeah, |
| 0:30.5 | she she she so that, you know, they're saying that, you know, yes, |
| 0:34.9 | it's two negative quarters, but this isn't a typical recession. Um, |
| 0:40.6 | so, you know, are we in a recession or we not in a recession? |
| 0:43.9 | They sound like when I used to get caught cheating. And I'm like, |
| 0:46.1 | baby, I wasn't cheating technically. We was on like the last |
| 0:48.6 | second time. Black men don't cheat. This was when I was a boy. |
| 0:53.1 | So I was a black boy, no, she was like, hey, baby, I want cheating. |
| 0:58.4 | Like, let's I remember when Bush was in office and those two negative |
| 1:01.0 | quarters came in. Obama's entire and campaign and Robin |
| 1:04.9 | manual crafted that around, hey, this is the new candidate who's |
| 1:09.3 | going to be president because this prior one failed you. I hate to |
| 1:13.0 | tell it to you, but if we have two negative quarters in a row, |
| 1:16.5 | we are in a recession. I was telling you guys last October, |
| 1:19.5 | your storm is coming. Now it is here. If you remember me saying that, |
| 1:23.4 | please, please put the word storm and chat, but we are in a recession. |
... |
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