Nasdaq's Slump, Beyond Meat's Woes, and DogeCoin's Latest Rival ( w/ Kyla Scanlon )
Real Vision: Finance & Investing
Real Vision
4.1 • 1.1K Ratings
🗓️ 11 May 2021
⏱️ 39 minutes
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| 0:00.0 | Welcome to The Real Vision, Daily Briefing. I'm Jack Farley, and I have the pleasure of |
| 0:16.4 | being joined by Kyla Scanlon. Kyla, how are you doing? Hey, I'm doing well. Thanks for having me. |
| 0:22.3 | It's so great to have you. So you are someone who's been an investor. You've worked at a hedge fund. |
| 0:27.5 | Now you work in education, and you also are a tick talker. Can you tell us a little bit about how you |
| 0:33.7 | managed it? Tell us about the Balancing Act. Yeah, so you started getting mutual fun. I'm |
| 0:38.7 | left a few months ago, and with the Balancing Act, I just, you know, kind of have a night job and a |
| 0:44.4 | day job. It's been a lot of time on the weekends, thinking about content, and usually we'll have an |
| 0:49.9 | idea for content and do it later that night, so yeah, it's a huge passion of mine, so always make |
| 0:54.9 | time for it. There we go. So by the way, everyone to everyone at home follow a Kyla on tick talk. |
| 0:59.9 | You post something every day. So Kyla, you like to have a phrase for stocks. It's a very long word. |
| 1:08.3 | It begins with a pH. It's for when they sort of go up. Can you tell people about what that phrase is? |
| 1:12.9 | Yeah, so whenever the market is green for the day, I'll say that the market was photosynthesizing. |
| 1:19.5 | Trying to throw some science into the markets. But yeah, like plants will turn green when they |
| 1:24.0 | photosynthesize. So that's what I say when the market turns green. And it's a good connector for |
| 1:28.4 | people. Like when they listen to the tick talks and they'll say, oh, you know, the market photosynthesize |
| 1:32.1 | or not. And what I love about that Kyla is that photosynthesis is something that happens every day. |
| 1:37.6 | And when you're a bull market, it kind of feels like the market is going up every day. And it only |
| 1:42.4 | doesn't photosynthesize when there's a hurricane, which is very rare. |
| 1:46.2 | That's true. Yeah. Somebody asked me what we should call like a down day like we had today, |
| 1:51.6 | and someone was like, call it hemorrhaging. I don't know if it's the quite third answer, but yeah. |
| 1:56.8 | Yeah, well, you did have a little bit of hemorrhaging today. You know, not a lot of photosynthesis |
| 2:01.0 | in the foliage with the Nasdaq down to and a half percent today. That is quite a move. |
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