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  • 7 months ago
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00:00him post on social media, head of the U.S. market open, asking people not to be weak and don't be
00:07stupid. He said this is basically people are panicking because of the tariffs and we're
00:14seeing this huge sell off. Do you think this is constructive advice from a president? And he's a
00:20businessman himself with loads of investments. Is he showing disregard for people's money?
00:27Well, he's not known for being the most eloquent and he is known for being quite brash. And so it's
00:34not a shock. A lot of people actually like that in him. I particularly don't appreciate the tone.
00:40But I think if you look back historically, you know, people are saying, are we in a bear market,
00:46which would mean, you know, that our stock market is taking a nosedive of more than 20 percent.
00:52And so we are we are very close to that, if not at that. But we do know that it usually lasts
00:58roughly around five months or so. And the last time it happened was in 2022. And we bounced back.
01:05So, you know, this is something that I think if he were to say it in by using better words,
01:11you know, please be patient. This is this is something that has been a long time coming.
01:16This should have been done decades ago. And unfortunately, we've had presidents who've
01:20just been there to go along, to get along. And it's just continued to spiral into, you know, a huge mess.
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