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Money Tree Investing

Santa Clause Rally Here We Come

Money Tree Investing

Money Tree Investing Podcast

Stockmarket, Valuestocks, Investing, Finance, Passiveincome, Wealth, Business, Personalfinance

4.6658 Ratings

🗓️ 20 December 2023

⏱️ 52 minutes

🧾️ Download transcript

Summary

2023 has been a most interesting year. And it looks like we are ending it with a tremendous Santa Clause Rally for the books. This is in part due to Jerome Powell's decision to become an Arthur Burns, not a Paul Volker. So much for his legacy...

Join us as we discuss some of the most interesting news today.

 

Today's Panelists:

Kirk Chisholm | Innovative Wealth
Douglas Heagren | ProCollege Planners

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 For more information, visit the show notes at https://moneytreepodcast.com/santa-clause-rally-2023-565

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to the Money Tree Investing Podcast.

0:04.0

Stock market, wealth, personal finance, value stocks, invest in your life.

0:10.0

Hello, Smart Money Tree Podcasts, listeners. Welcome to this week's show.

0:14.0

My name is Kirk Chisholm and I'll be your host.

0:16.0

Today I'm joining with my good friend Doug Higran. Hey Doug.

0:18.0

Hey, Kirk, happy Friday.

0:20.0

Happy Friday. It's funny. We

0:22.6

labeled next week, and just for the listeners, for those of you follow us live on these episodes,

0:27.3

we pretty much label our episodes a week in advance. We're just guessing on what the topic's going to be,

0:31.7

so sometimes we're really off. And we labeled next week the one we probably should do for this week, which is I won't get into because I don't want to ruin the surprise called I Was Wrong.

0:40.4

I don't want to get into that this week because I don't want to spoil it.

0:42.6

But I do want to share this one image.

0:45.6

So Jerome Powell spoke this week and the markets reacted in a big, big way.

0:49.9

So I don't know about you, Doug, but this concept of the simulation.

0:52.8

Have you heard of the simulation before?

0:56.8

I have heard of it, Kirk, but I'm sure a lot of people haven't.

0:57.5

Okay.

1:02.2

Well, the concept of simulation is actually more of a philosophical thing.

1:07.3

So there's some techie geeks out there that came up with this and it's really hard to dispute.

1:08.8

So it's kind of interesting.

1:14.6

It's like saying, does God exist? And it's like saying, are we living in a simulation? Anyway, if you haven't looked it up, look it up. It is fascinating.

1:19.2

It kind of like blows your mind every time you think about it. And every once in a while, I just think, are we living in a simulation? Maybe I'll spend two minutes and describe it for

...

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