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What Investors Need to Know for the 2024 Election

SteadyTrade

SteadyTrade.com

Business, Education, Investing

4.6589 Ratings

🗓️ 24 July 2024

⏱️ 33 minutes

🧾️ Download transcript

Summary

It has been a few days since President Joe Biden’s announcement that he’s dropping out of the 2024 presidential election rocked the world. That has given us some time to think about the implications for the election, the stock market, and the future of our country. On today’s new episode of the SteadyTrade Podcast, Tim Bohen and Matt share their views of the historic decision. And more importantly, we discuss what it all means for your investments. They focus on what a potential second Tru...

Transcript

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0:00.0

Welcome back to the Stady Trade podcast, everyone.

0:10.6

I am Tim Bowen back with Matt McCall.

0:13.1

I almost forgot my name there, but we live in a very uncertain world.

0:16.3

Like there's a lot of uncertainty going on in the world.

0:18.8

And that segues well into our topic of

0:21.3

today you know we we have to act on you know probably the the biggest peace of mind

0:27.7

thing that maybe has ever happened in my lifetime very unique situation so we're recording

0:32.9

right after uh Biden declared that he's dropping out of the election, a lot of uncertainty right now.

0:38.9

And one thing I would like to say, you know, before we get started is, you know, normally with

0:44.4

the podcast, we, we kind of try and, you know, be very nonpartisan. But listen, there's probably

0:50.8

going to be a lot of partisan stuff come out in this because I think you can't talk about this situation and not pick a little bit of sides. So, so if you, you know,

0:59.6

there's your trigger warning for this episode of the Steady Trade podcast. But that being said,

1:05.7

you know, and one more point I do want to make is like a lot of times like sometimes when I'm doing some of my mentoring

1:12.2

webinars and stuff and I always again try and keep it very apolitical but today we were talking

1:17.5

politics and the point I made to those people is I'm like listen markets move on emotion like

1:22.5

like like a lot of people want to get too much into the fundamentals and technicals, but, but really the market

1:28.2

is a representation of human emotion at the end of the day. And I don't think there is any more

1:35.0

emotional topic than politics right now. So it's like, I feel like we have to talk about this.

1:41.0

So that being said, welcome back, Matt. How's it going, my man? Well, doing well, thanks.

1:45.8

I'm going to just say your disclaimer. Same thing, apolitical. And I'm also going to put one more

1:52.0

disclaimer out there, Tim. And that is, this topic's important because we're going to talk about

1:56.4

now with Biden now, Trump still and obviously Harrison, well, we think it's going to be Harris,

...

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