Jon Quast
๐ค SpeakerVoice Profile Active
This person's voice can be automatically recognized across podcast episodes using AI voice matching.
Appearances Over Time
Podcast Appearances
We had local infrastructure issues.
I don't want to be dismissive of it.
I don't remember the 1973 oil embargo as well as I remember... I'm happy to say I'm not that old.
There is no way that this won't have a profound economic impact.
I don't think that can be debated.
The debate and the unknown, because there really isn't a debate.
We just don't know how severe the impact is going to be.
And yeah, as investors, I think we need to prepare ourselves for that.
Because hopefully I'm wrong.
Hopefully there will just be a bounce back.
But if there isn't, and we can get into this later, I think,
it's going to be it's time to buckle up.
Yeah, it's so interesting.
Right now, the fear and greed meter tracking this investor sentiment.
Sitting at 17, that's its lowest this year and hitting pretty close to the lowest point, highest fear in several years.
What's so interesting is that
A market crash and a situation like this can generate months and months of bad news.