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Talking Real Money - Investing Talk

Which is Worse: Stocks, COVID-19, or Cars?

Talking Real Money - Investing Talk

Don McDonald

Business, How To, Investing, Education

4.5813 Ratings

🗓️ 6 March 2020

⏱️ 13 minutes

🧾️ Download transcript

Summary

Are you afraid of the virus or the stock market? Why not driving? Learn more about your ad choices. Visit megaphone.fm/adchoicesQuestions? Comments? Click!

Transcript

Click on a timestamp to play from that location

0:00.0

There are days when you're hungry for McDonald's.

0:03.0

Then there are days when you're Big Arch hungry for McDonald's.

0:08.0

You'll get to know the difference.

0:10.0

New Big Arch for Big McDonald's hunger.

0:13.0

Until 9th of September, from 11 AM,

0:17.0

participating restaurants only, subject to availability.

0:29.7

Reality Radio for a really great future. We're talking real money.

0:43.2

All of that for nothing. If you want to know why watching the stock market move around is an exercise in futility,

0:51.6

well, just look back at the last week ending March 6th, 2020, and you'll see why.

0:56.7

All of that, it was, as I mentioned in yesterday's podcast.

0:59.4

It was a dizzying week.

1:04.4

And yet the net result almost without exception.

1:08.0

And look at European markets, Asian markets, U.S. markets.

1:10.7

The Dow is the only exception.

1:19.8

The net result of all the machinations of the last week was absolutely nothing.

1:25.2

Absolutely nothing. Say it again. Absolutely nothing.

1:28.9

Nothing happened.

1:30.5

It was like all of this.

1:34.2

We ended the week right about where we started the week.

1:35.5

So there you go.

1:40.5

Much ado about a whole lot of nothing.

1:43.1

Now the Dow did end up a little higher, but the Dow's weird.

...

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