The chapter explores the impact of different presidential administrations on the stock market performance, emphasizing the significance of external factors and historical context. It discusses the influence of corporate profits and interest rates on market movements, projecting overall optimism. The conversation also covers the market's resilience to political turmoil and advises investors to remain cautious and avoid impulsive reactions to news events.
Josh Brown, co-founder and CEO of Ritholtz Wealth Management, fills in for Scott to talk about how the markets reacted to the Presidential debate. Then Josh and Ed discuss how Trump and Biden presidencies could impact investors and Josh breaks down why he isn’t concerned about Trump’s potential tariffs on China.
Follow Prof G Markets:
Order "The Algebra of Wealth," out now
Subscribe to No Mercy / No Malice
Follow the podcast across socials @profgpod:
Follow Scott on Instagram
Follow Ed on Instagram and X
Learn more about your ad choices. Visit podcastchoices.com/adchoices