Economic Hurricane? Just Keep Buying
Microsoft lowered guidance, Elon Musk has a “super bad feeling” about the economy, and Jamie Dimon warned investors that a hurricane is coming. (0:30) Jason Moser and Ron Gross discuss:
- Why short-term trading in and out of the market is NOT the answer
- Okta’s strong results and optimism for the rest of the fiscal year
- Lululemon’s online sales growth
- Ford Motor CEO Jim Farley’s comments on plans for the electric vehicles
- The latest from Chewy and Salesforce
(19:00) Nick Maggiulli, COO of Ritholtz Wealth Management, discusses insights from his book “Just Keep Buying: Proven Ways to Save Money and Build Your Wealth”, why it’s important to splurge, the data behind retirement savings, and much more. For a copy of his book click here - https://www.amazon.com/gp/product/0857199250
(35:30) Jason and Ron share two stocks on their radar: Uber and Titan International.
Stocks discussed on the show: MSFT, JPM, TSLA, OKTA, LULU, CHWY, RH, CRM, F, UBER, TWI
Host: Chris Hill
Guests: Jason Moser, Ron Gross, Nick Maggiulli
Engineer: Dan Boyd