Anthony Scilipoti
👤 SpeakerAppearances Over Time
Podcast Appearances
Transactions were going to go down.
Revenues get hurt.
Margins get hurt.
Stock prices get hammered.
But what the second, third level thinking on that is, well, wait a minute.
These haven't been enacted.
There's still time.
Maybe they don't happen.
And if they don't happen, well, maybe all this drawdown doesn't mean anything.
So it's like an exogenous impact on the market.
It wasn't something that the market fell on itself.
What I think would cause a downturn similar more like what happened in 08 or even in the early 2000s.
People forget that in the early 2000s, they say, well, the 2000 crash.
Well, actually, the market was lower in 2003 than it was in 2000.
But everyone thinks that it happened in 2000.
It actually didn't.
It began.
It's like that's when it started.
Right.
Kept going for years.