Courtesy of The Reformed Broker
Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including:
►Was that it? – Epic bounce. Stopped at Vix 20 and reversed. Pattern still holds.
►Expecting worse – “S&P 500 – Average stock price % change to earnings misses*”
►Pity the Homesellers? – “Home Sellers Cut Prices as Housing Market Cools”
►Not a Recession – “The S&P 500 is on track to show a record quarterly profit in Q2 ($56.45/share).”
►Buyback Tax – Carried interest loophole survives (for now), but a new tax on buybacks is on the menu.
►Fed Pivot – “Wishful Thinking Won’t Help the Fed Beat Inflation”
►Another 1929? – Could a 1929 style crash happen again? If so, what would it take for that to occur?
►What is a recession? – What actually defines a recession?
Josh and Michael use YCharts when creating visuals for this show, as well as for many aspects of their business.
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