The market has crumbled pretty steadily from the first of the year, and just yesterday was declared a bear market. In a typical bear market, lasts quite a long time a before the market is back up to where it originally was. If we are in a market place very similar to the 19 seventies, which is a coherent argument that we have inflation and an economy that's not not ticking on all eight s s, then we have what's called stag flation. And i think you've got to be really careful right now that you're not trying to make investments that you don't understand or hoping that something is a good deal because it went down.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode