Jeff, Joe, and Kyle begin this week’s show with their customary rapid-fire market recap. The Dow was down 1.9%, the S&P 500 was down 1.6%, and the NASDAQ was down 1.8%. All three indexes remain down YTD also. It was the week of the rise of the machines, with lots of downward movement taking place on Thursday. The Money Wise guys discuss the lower volume in the S&P 500 and how less participation exacerbates moves in the market. They also discuss the one thing that is always present in the investment equation at some level: geopolitical risk. They talk about why it’s hard to hedge against and share one hedging strategy that is always the wrong choice. The guys also remind us why it’s important to control our emotions and always know what we own.
In the second hour, the Money Wise guys take you through the ‘Are Your Ready for Retirement’ Quiz. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
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