4.6 • 1.8K Ratings
🗓️ 3 October 2020
⏱️ 18 minutes
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0:00.0 | Welcome to the Jill on Money Podcast. It is Saturday, October 3rd. And nothing really |
0:10.4 | happened yesterday, so let's just get into it. Just kidding. |
0:14.0 | Oh gosh. |
0:16.0 | What a day. |
0:17.0 | All right. |
0:18.0 | I thought I was going to be telling you all about the jobs report, |
0:21.0 | which I will do in a moment but obviously the idea that the |
0:25.2 | president and the first lady tested positive for COVID-19 led all the news I mean |
0:32.0 | markets were sort of swooning overnight, |
0:34.6 | opened okay, but I don't know. |
0:36.8 | I don't see this necessarily being |
0:39.2 | the big market-making event, especially |
0:41.4 | because Pence tested negative. |
0:43.8 | But things could change, who knows, |
0:46.8 | and maybe it's just about uncertainty. |
0:48.8 | Maybe there is a sense that, you know, |
0:52.2 | when it comes to the end of the day with the S&P up 4.6% through Thursday's |
0:58.3 | closed, the Nasdaq up 26% that investors hear news like this and they say you know what I'm going to sell |
1:04.8 | you listening you're not going to sell because you know that you're a long-term |
1:11.0 | investor and you can look back and you can say in March I was going to sell and I |
1:14.7 | didn't and I've been rewarded for hanging in there and sticking to my game plan |
1:18.1 | so keep doing that. Separately jobs report in, fewer number of jobs created than we had expected, 661,000, |
... |
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