Transcript: Tom Vaughan: Hello, everybody, welcome to Wednesday, the S&P 500 was up almost 1%. Today, really important day in my opinion, just because we hit that low back and Friday morning, we rally back to a positive on Friday afternoon. Monday was a big up day yesterday, we opened up lower but then rallied
Transcript: Tom Vaughan: Everybody, welcome to Tuesday, the S&P 500 was down point 8% today. And what happened was after hours last night, a company called Snap, which is a digital advertising company that does Snapchat reported earnings that missed expectations and forward guidance, revolving around the fact that they saw higher prices due to
Transcript: Easan Arulanantham: I’m nearing retirement, I recently heard about delayed retirement credits. And how do those work. Tom Vaughan: delayed retirement credits is a fancy word for the fact that if you do not take your Social Security at your full retirement age, you will actually start getting paid sort of a bonus and
Transcript: Tom Vaughan: Everybody, welcome to Monday, the S&P 500 was up 1.9% Today turned out to be a really good green shirt day, this rally started essentially on Friday, middle of the day, we hit a low point and then rallied all the way back up to positive on the S&P 500. If you
Transcript: Easan Arulanantham: I feel a bit shaky with the market volatility and being in the stock market. What should I do? Tom Vaughan: Yeah, it’s kind of really the probably the highlight question right now. It’s just really, you know, what, what do I do? Right? I mean, we all got really used to
Transcript: Tom Vaughan: I do always like to start off the week with a summary of what I’ve seen happen to the stock market this week. And so right now, as we speak, here on Friday, the markets still open. But we were hitting low points for the year so far, kind of broke through
Transcript: Marie Marinovich: With China locking down, we hear a lot about the supply side interruptions, it seems factories are setting up closed loop bubbles to produce goods. What impact do you see on the market? Tom Vaughan: Yeah, so China’s the world’s, you know, supply chain, for all intents purposes, when they locked down.
Transcript: Tom Vaughan: Hello, everybody, welcome to Thursday, the S&P 500 was down point 6%. Today, really pretty much a continuation of yesterday, when you have that type of a downturn, it’s very difficult for people to step in and turn this around. So we kind of had more or less a sideways day, if
Transcript: Marie Marinovich: Why does it take inflation so long to slow down? Tom Vaughan: Yeah, well, it does happen when it gets going. And one of the main things is this wage increase, right. So things cost more employees need to be paid more to be in the same spot. And inflation has actually
Transcript: Tom Vaughan: Everybody, welcome to Tuesday, the S&P 500 had a green shirt day today up 2%. Really good day across the board, the NASDAQ was up was really strong day. And the initial catalyst was the retail sales report came out that the retail sales were up point 9% For the month of