Carl

I mean, I think the NHL gave you a format where, I mean, they kind of shut down and did the four nations thing.

I think MLB should kind of emulate that, I believe.

And I think that's way more entertaining when the games feel like they matter.

Like,

I don't want to watch the All-Star game like I don't want to watch live golf because I don't think those things matter.

It doesn't seem like any of that stuff matters.

Hey Lana, it's Marisa in Devon who wants to know, if I think the market's gonna tank, should I move to cash now?

Well, going all cash feels safe, but timing your exit and your re-entry is extremely hard.

If you miss just a few big up days, that will hurt your long-term returns dramatically.

So yes, cash has a role as an emergency fund or an opportunity reserve, but not as a permanent escape hatch.

Instead, focus on diversification, defensive assets, and position sizing.

It's about staying invested without feeling overexposed.

Remember, fear can pass quickly, but the cost of missing a rebound can linger for years.

Hey Lana, today it's Hannah in London who's got a question for me, and she wants to know why professional forecasts seem so unreliable at market extremes.

Well, forecasts are usually based on trends continuing, but turning points happen when conditions change suddenly.

Small shifts in behavior or sentiment can have outsized effects, and those are incredibly hard to model in advance.

Uncertainty has a habit of humbling even the most informed predictions.

Today's question comes in from Maria in Milan, and she wants to know why fear seems to be so contagious during market sell-offs.

It's a good question, and look, it's simply that investors don't operate in isolation.

They watch each other closely.