Wealthion - Be Financially Resilient cover image

Wealthion - Be Financially Resilient

Markets To Stage One Last Hurrah Before Rolling Over? | Thomas Thornton

Oct 3, 2023
Financial expert Thomas Thornton discusses the current state of the markets, including the possibility of a stock market decline and bond market concerns. He also talks about challenges faced by Apple and Tesla, and emphasizes the importance of understanding investing risks and seeking guidance from experts.
01:10:27

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • The year has been challenging for active managers due to a small group of stocks driving the market, resulting in a skewed market and limited buying opportunities.
  • The global economy is decelerating, with signs of a slowdown in China, Europe, and the US, leading to a cautious outlook for the global economy and financial markets.

Deep dives

Market Skewness and Lack of Buying Opportunities

The year has been challenging for active managers due to a small group of stocks driving the market. The mega-cap stocks have shouldered most of the gains, while many other stocks have struggled. This has resulted in a skewed market. Typically, there are several buying opportunities throughout the year, but this year has been an exception. However, there may be a potential bounce in the market followed by a lower high and further downside.

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner