Unlimited Economic Stimulus and the Yield Curve Indicator
The Compound and Friends
Josh Brown
4.7 • 2.2K Ratings
🗓️ 8 May 2020
⏱️ 50 minutes
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| 0:00.0 | Hello, and welcome to an all new edition of what are your thoughts? I'm here with Michael |
| 0:09.7 | Batnik as always. Michael doesn't know what I'm going to ask him. I don't know what he's going to ask me. |
| 0:14.1 | Stick around. Let's see what's happening. |
| 0:18.3 | Welcome to the compound show podcast. Each week we let you in on some of the best conversations we're having about markets, investing, and life. |
| 0:28.0 | Just a quick reminder, the host of the show are employees of Ridholz wealth management, all opinions |
| 0:33.0 | are solely their own opinions and do not reflect the opinion of Riddholz wealth. |
| 0:38.6 | This podcast is for informational purposes only and should not be relied upon for investment decisions. |
| 0:44.8 | Clients of Ritholz wealth management may maintain positions in the securities discussed |
| 0:49.7 | in this podcast. Okay, here we go. |
| 0:58.2 | Did you get a tanning salon in your house? You look, you look dark. No, I've been on, I've been on the bike a lot and, and the pool opened I'm getting I'm getting color I'm getting |
| 1:06.4 | call it's I mean what else what else there to do all right let's get into this |
| 1:09.5 | your post was awesome about what's the catalyst and like people will be studying some of these |
| 1:15.9 | stats for years to come but you make the point that April was the best month for stock market returns in 30 years and there was absolutely no |
| 1:26.7 | what you would call catalysts to explain it so somebody who doesn't live through |
| 1:31.9 | this and reads about it 20 years from now, they're |
| 1:35.2 | going to be like, I don't understand. |
| 1:36.8 | And I just want to read this one part and then have you react to what you yourself said. |
| 1:41.3 | I just think it's so amazing. In the five weeks from February 20th through March |
| 1:46.4 | 19th there were 1.1 million jobless claims and the stock market fell 29%. |
| 1:52.0 | In the five weeks since and the stock market fell 29%. |
| 1:52.8 | In the five weeks since, there were 26.5 million jobless claims |
| 1:57.8 | and the market rallied 28%. |
... |
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