TIP217: CURRENT MARKET CONDITIONS
W/ PRESTON AND STIG
17 November 2018
On today’s show, Preston and Stig talk about the current market conditions in the 3Q 2018.
IN THIS EPISODE, YOU’LL LEARN:
- How Preston and Stig’s previous stock picks have performed.
- How Preston and Stig are positioned given the current market conditions.
- How often we experience corrections in the stock market.
- The impact of rising federal funds rate on the stock market.
- Ask The Investors: Should I add bonds to my portfolio?
TRANSCRIPT
Disclaimer: The transcript that follows has been generated using artificial intelligence. We strive to be as accurate as possible, but minor errors and slightly off timestamps may be present due to platform differences.
Preston Pysh 0:02
On today’s show, Stig and I have a fun conversation about how we see the market in the third quarter of 2018. This has been an interesting year because the S&P 500 is only up 1% since the first of the year. In addition to that, we’re seeing a lot more volatility than we’ve seen in previous years.
As we look to close out the year, many people are wondering whether the longest bull market in stock market history is reaching its final legs.
On today’s show Stig and I provide our opinion on that idea and what the key factors are driving our theories.
In the second half of the show, we talked about some of our previous picks from our MasterMind discussions and how those positions have performed when compared to the S&P 500. Without further delay, here’s our candid discussion about the current market conditions.
Intro 0:49
You are listening to The Investor’s Podcast where we study the financial markets and read the books that influenced self-made billionaires the most. We keep you informed and prepared for the unexpected.
Preston Pysh 1:10
Alright, welcome to The Investor’s Podcast. I’m your host Preston Pysh. As always, I’m accompanied by my co-host, Stig Brodersen.
Today, like we said in the introduction, we’re going to be talking about how we see the market today, because there’s so much happening and how we’re positioned. More importantly, we’re going to talk about some of the stock picks that we’ve made in the past, how they’ve performed, and how we think about them now today.
This should be just really a lot of fun for Stig and me just to have a candid conversation with each other. Stig, I’m curious to know how you see the market today.
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BOOKS AND RESOURCES
- Preston and Stig’s, Intrinsic Value Index.
- Preston’s intrinsic value assessment on Apple Inc.
- Preston’s intrinsic value assessment on Foot Locker
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