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Motley Fool Money

How to Greet the Next Bear Market

Jun 12, 2024
25:06
Snipd AI
Organizational psychologist Richard Davis discusses the importance of a CEO's personality and decision-making. They analyze how biases impact hiring and aligning personality with organizational context. They also explore the impact of Kevin Plank's personality at Under Armour and lessons from working with David Stern.
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Podcast summary created with Snipd AI

Quick takeaways

  • Inflation impacts consumer sentiment in Canada, while the US sees a slight cooling with concerns over exceeding target levels.
  • Strategic stock picking during market downturns presents long-term growth opportunities in undervalued sectors and post-correction growth companies.

Deep dives

Impact of Inflation on Canadian Economy

Consumer sentiment in Canada is significantly impacted by inflation, particularly evident in increased prices at gas stations, grocery stores, and restaurants. The housing market in Canada faces challenges, with many feeling priced out and stressed about mortgage rates. The Bank of Canada's interest rate cut signals efforts to stimulate the economy, leading to a surge in home listings as sellers react to the rate reduction.

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