Prof G Markets How the Debate Moved the Market & Wall Street’s Take on Trump - with Josh Brown
Jul 8, 2024
Josh Brown, co-founder and CEO of Ritholtz Wealth Management and a familiar face on CNBC, shares insights on the market's response to the recent Presidential debate. He discusses the potential impacts of both Trump and Biden on investors, confidently dismissing concerns over Trump's proposed tariffs on China. The conversation dives into Wall Street's cautious nature and the influence of political showmanship on market movements. Ultimately, Josh emphasizes the market's resilience amid political chaos, encouraging investors to maintain a level head.
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Gamestop Lawsuit
- Gamestop shareholder sued Keith Gill (Roaring Kitty) for an alleged pump-and-dump scheme.
- The lawsuit was dropped shortly after filing.
Transparency in Trading
- Josh Brown supports Keith Gill's freedom of speech and transparency in transactions.
- He argues that Gill's disclosures exceed those of most Wall Street professionals.
Stock Market = Amusement Park
- Investors should be selective about which stocks they trade, like choosing rides at an amusement park.
- Avoid volatile stocks if you prefer less risk.
