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When the Stock Market Goes, You Have to Have Some Answers
We ascribe a narrative to it without actually knowing if it's even remotely true. We sometimes believe what we want to believe. There's no shortage throughout all of history. Basically every big kind of speculative bubble. Once you see that unravel, you tend to see these sketchy and questionable actors and businesses get outed.
Trey brings back financial historian, Jamie Catherwood. Jamie is a Client Portfolio Specialist at O'Shaughnessy Asset Management and the author of the popular blog, Investor Amnesia.
Trey and Jamie discuss the historical viewpoint on a post-bubble world, the impact of 1800s markets on our current market outlook, and more.
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
01:45 - How markets from the 1800’s can inform how we view our market today.
13:27 - How the frauds of today like FTX draw similarities to frauds of the past.
31:00 - How the crypto market resembles the early days of the stock market.
40:32 - Why market regulations developed in the US.
54:10 - Where the term “bankruptcy” comes from.
55: 30 - Other fascinating facts and stories from the past.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
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