Carter Braxton Worth

Yeah, I mean, over time, and everybody knows this, markets go up. There are more Oreo cookies consumed 10 years from now than now, more Gillette razors, more people. There's prosperity, there's growth, and that's figuring out who you are in the market.

Yeah, I mean, over time, and everybody knows this, markets go up. There are more Oreo cookies consumed 10 years from now than now, more Gillette razors, more people. There's prosperity, there's growth, and that's figuring out who you are in the market.

But if you are a trader and you spend time trying to zig and zag, trying to study sequences, the current sell-off at the index level is highly unlikely to stop here.

But if you are a trader and you spend time trying to zig and zag, trying to study sequences, the current sell-off at the index level is highly unlikely to stop here.

But if you are a trader and you spend time trying to zig and zag, trying to study sequences, the current sell-off at the index level is highly unlikely to stop here.

And that's a classic playbook. There was an expression, soap and cereal is the most offensive thing. Soap and cereal. And what that means is if you look at companies like Nabisco that sell crackers or Colgate-Pomona, we have 170, 200-year-old companies in this country that literally sell soap. domestic household things, and food products. Now, those are the most defensive things at all.

And that's a classic playbook. There was an expression, soap and cereal is the most offensive thing. Soap and cereal. And what that means is if you look at companies like Nabisco that sell crackers or Colgate-Pomona, we have 170, 200-year-old companies in this country that literally sell soap. domestic household things, and food products. Now, those are the most defensive things at all.

And that's a classic playbook. There was an expression, soap and cereal is the most offensive thing. Soap and cereal. And what that means is if you look at companies like Nabisco that sell crackers or Colgate-Pomona, we have 170, 200-year-old companies in this country that literally sell soap. domestic household things, and food products. Now, those are the most defensive things at all.

People consider healthcare- Like P&G or J&J. Exactly, Colgate or Clorox or a General Mills cereal or that sort of thing. Healthcare is relatively new. We don't have healthcare companies that are old like that. 150 years ago, healthcare was, okay, bite on this stick because we're about to saw your leg off. We don't have anything else to offer you.

People consider healthcare- Like P&G or J&J. Exactly, Colgate or Clorox or a General Mills cereal or that sort of thing. Healthcare is relatively new. We don't have healthcare companies that are old like that. 150 years ago, healthcare was, okay, bite on this stick because we're about to saw your leg off. We don't have anything else to offer you.

People consider healthcare- Like P&G or J&J. Exactly, Colgate or Clorox or a General Mills cereal or that sort of thing. Healthcare is relatively new. We don't have healthcare companies that are old like that. 150 years ago, healthcare was, okay, bite on this stick because we're about to saw your leg off. We don't have anything else to offer you.

Point being, they're not defensive pharmaceuticals the way soap and cereal is defensive. Classic staples. And you'll see that now in this current drawdown. What is going down not as much? Soap and cereal. That's consumer staples, utilities, very defensive names. And all institutional managers know this. And if you cannot hold cash...

Point being, they're not defensive pharmaceuticals the way soap and cereal is defensive. Classic staples. And you'll see that now in this current drawdown. What is going down not as much? Soap and cereal. That's consumer staples, utilities, very defensive names. And all institutional managers know this. And if you cannot hold cash...

Point being, they're not defensive pharmaceuticals the way soap and cereal is defensive. Classic staples. And you'll see that now in this current drawdown. What is going down not as much? Soap and cereal. That's consumer staples, utilities, very defensive names. And all institutional managers know this. And if you cannot hold cash...

If you're concerned and you're selling some Apple or selling some Google or selling some Meta or selling some Tesla, by mandate, you're not allowed to hold the cash. They have cash managers, different product, different things. So that money must go back by the close or the next day by the close. And so you see rotation.

If you're concerned and you're selling some Apple or selling some Google or selling some Meta or selling some Tesla, by mandate, you're not allowed to hold the cash. They have cash managers, different product, different things. So that money must go back by the close or the next day by the close. And so you see rotation.

If you're concerned and you're selling some Apple or selling some Google or selling some Meta or selling some Tesla, by mandate, you're not allowed to hold the cash. They have cash managers, different product, different things. So that money must go back by the close or the next day by the close. And so you see rotation.

It's always a part of markets and institutional money will rotate to defensive things because on a beta adjusted basis, even if everything goes down, those stocks go down less and you're seeing it in the market now. Here's a thing from March 30 saying, look, it's official. We're in a bear market. Just to talk about the statistics.

It's always a part of markets and institutional money will rotate to defensive things because on a beta adjusted basis, even if everything goes down, those stocks go down less and you're seeing it in the market now. Here's a thing from March 30 saying, look, it's official. We're in a bear market. Just to talk about the statistics.

It's always a part of markets and institutional money will rotate to defensive things because on a beta adjusted basis, even if everything goes down, those stocks go down less and you're seeing it in the market now. Here's a thing from March 30 saying, look, it's official. We're in a bear market. Just to talk about the statistics.