What is a Bear Market and how concerned should you be? Cryptocurrency crashing and why this is a MAJOR problem for sports (Episode 615)

Nothing Personal with David Samson

David Samson

Baseball, Sports, Business

4.5 • 3K Ratings

🗓️ 14 June 2022

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today’s word of the day is ‘bear’ as in polar bear as in grizzly bear as in teddy bear as in a bear market. Let me explain exactly what’s going on with the stock market right now. How concerned should you be? Are you worried? Should you invest now? Sell now? What about sports? Let’s say a team paid $10M for in arena sponsorships and then the team cannot pay. Well, it’s happening all across sports right now. (14:50) Now let’s talk about cryptocurrency. That market has almost crashed. Prices have been falling and falling and falling. Crypto dot com has invested almost $1B into sports deals and now its laying off staff. (25:15) Now we move to affordable housing. The Oakland Athletics are looking for a new stadium deal and affordable housing has become the main area of interest. (33:00) Review: Coldplay - A Head Full of Dreams. (36:00) NPPOD - The Warriors won despite Steph Curry not hitting a three for the first time in his playoff career! (40:10) Josh Donaldson lost his appeal for his remark made to Tim Anderson. What goes into the appeal process? (42:40) What is going on with the White Sox? Is it time for Tony La Russa to go? (44:38) MLB is starting to fine teams for bench clearing brawls, even if it happens in the minor leagues. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Here we are, the upper jump!
0:01.5	What a punch!
0:02.5	Heavyweight champ Tyson Fury is back on Beatty Sport Box Office
0:07.0	for another all-Pretty Sportbuster.
0:09.2	I am the Gypsy King.
0:11.0	With a unification fight looming against BUSIC,
0:13.7	Old Rival Derek Chisoura provides the final test.
0:17.0	Wash me take the crown from the Gypsy King.
0:19.0	Watch all this and more Saturday exclusively live on Beatty Sport Box Office.
0:24.6	I'm knocking Chisoura into retirement.
0:54.6	The first time I've seen a bear market,
1:01.6	has been seen that yesterday was officially told to us,
1:04.6	we are in a bear market, bear market,
1:06.6	and bear market is when the market is down 20%.
1:10.6	And I just wanted to take a minute to talk to you all.
1:13.6	What age are you?
1:17.6	We are going to talk about being 30, 40, 50, 60, and 70.
1:24.6	Five ages, 30 through 70.
1:27.6	And then we are going to correlate your age to the concern you should have
1:31.6	over what the market is doing right now.
1:34.6	30 years old, bear market, do nothing, you are fine.
1:40.6	Only the people who are inexperienced and don't understand,
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from David Samson, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of David Samson and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.