Transcript:
Tom Vaughan:
Hello, everybody, welcome to Tuesday, the S&P 500 was up point 8% today, but the big gains really came out of the NASDAQ, which was up 1.3%. And as the Russell 2000, the Small Cap index, so I was actually at 1.6% today. And so it’s kind of fascinating to look at, like why these things happen, to me part of being a better investors to kind of get these relationships, they’re not always that obvious. Today, at least as far as I’m concerned that NASDAQ and the Russell 2000 did better, because we saw some easing intentions in Russia and Ukraine. That’s kind of a strange relationship. But it’s sort of this game of mental Twister that you end up having to play here, you know, to be a good investor in this particular market. Because as the as the situation eases in Russia and Ukraine, that brings down the price of oil, because that has a big oil component, if we did have a war there, we could see oil go up, oil is a big piece of an inflationary puzzle. So when oil comes down, that takes a little bit more pressure off of the possibility of higher inflation.
If you have lower inflation, that means the Federal Reserve might be able to not do as many rate increases. And if you have lower rates, that means that tech stocks and Small Cap stocks, you might find that the Russell 2000 generally do better. So that’s the that’s the path, I just think it’s kind of fascinating to see how these things play out, and where things are connected, and how this works. And then you can kind of take a look at some of these big pictures and try to see you know, where you want to be placed. I’m going to be doing a big piece on inflation and how it works, what I see and some projections of for what I see happening for inflation here, you know, in the near term, at least, for the rest of this year, and talk about what might happen, and then what would be impacted by that. And that sort of forms some of my investment thesis, so to speak, that that I work through as far as that goes. So I appreciate that you guys are interested in these things. I think that again, the more you can learn about this, the better that you’ll do as far as that goes to so I look forward to talking to you some more tomorrow and we’ll see what happens then. Thank you very much.