The Election Is Over, Now What??
Loan Officer Freedom
Carl White
5 • 743 Ratings
🗓️ 7 November 2024
⏱️ 24 minutes
🧾️ Download transcript
Summary
Welcome to Loan Officer Freedom, the #1 podcast in the country for loan officers, hosted by Carl White.
In this episode, your hosts, Carl White and Owen Lee discuss the fluctuations in stock market futures, the rise of Bitcoin, and what it all means for mortgage rates in the coming months.
They explore the concept of the "red wave trade" and how consumer confidence plays a crucial role in the housing market.
Owen shares his insights on how the election results are influencing the bond market and interest rates.
As they analyze the emotional aspects of home buying, Carl and Owen emphasize the importance of staying proactive in marketing and prospecting, regardless of political outcomes.
Tune in now and get ready to make the most of the upcoming market opportunities!
Don't miss out on Owen's expert market updates—connect with him on LinkedIn at Owen Lee.
Schedule a one-on-one free coaching call, click here or visit LoanOfficerStrategyCall.com.
Transcript
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| 0:00.0 | So as we're recording this today, and we're actually streaming live on Facebook, |
| 0:14.3 | it's Wednesday, November the 6th. |
| 0:18.2 | It's about 9.20 Eastern time. And it was a, it was a election night was last night. |
| 0:28.5 | And so the question comes, as I was watching the election, I saw the stock market futures somewhere around like 1030, 11 o'clock last night, |
| 0:42.7 | started to really take a tear, like improving. |
| 0:47.3 | And I don't necessarily recommend it, but Mr. Wonderful told me one time, |
| 0:53.8 | or he didn't tell me personally, but he made a broadcast. |
| 0:56.9 | You know, you should have about 5% of net worth into crypto coins currency. |
| 1:00.5 | And so I do. |
| 1:01.1 | I've got, actually it's about 10% now, about 10% of my net worth is in Bitcoin, which I don't necessarily recommend. |
| 1:09.1 | It didn't start off at 10%, but it became 10%. |
| 1:12.2 | They appreciate it. Sure. Yeah. Yeah. And so I was watching it last night at about midnight or so, |
| 1:18.7 | because I stayed up to see the results as much as I could. And boy, it was on a tear. Like, |
| 1:23.6 | Bitcoin hit its highest point ever. And I made more than Bitcoin last night than I made in all the stock market all of last year. |
| 1:31.1 | Of course, that might go away here this morning. |
| 1:34.4 | It is volatile. |
| 1:35.3 | It is volatile. |
| 1:37.0 | Yeah. |
| 1:37.2 | And I also keep in mind, you know, our audience in the nation as a whole is probably roughly about 50 50 right about |
| 1:47.8 | 100 percent 50 uh last night was uh somewhat devastating and 50 percent it was elation um but i was |
| 1:58.4 | as i was going as i was watching the the markets and so certainly I was pleased |
| 2:02.6 | to bat right just on a personal level watching watching my stock accounts and watching my |
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