Michael Wursthorn
speaker
1,567 appearances
29 recordings
1 series
first heard Jul 2017
last heard Nov 2021
Michael Wursthorn’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
We've seen small bouts of it, like in September, for instance, where stocks have sort of traded sideways over those periods where people were more skittish.
Headlines like around COVID, that's going to be the real test.
If those numbers look a lot worse, the economic recovery doesn't look like it's on track, those retail investors
The one thing that's helping the market get through some of this is that the restrictions we've lived through in some capacity already, they're not a surprise for the market.
The question is, what is going to be that headline, that point of data, that comment that's really going to spook the market, be a surprise, be something that people aren't anticipating?
That could be where we see some real volatility in the market on the scale of, say, back in March in some instances.
It's going to take that real shock factor.
You know, some people have even speculated if it's something along the lines of the Federal Reserve saying they're going to lessen their support.
You know, so far, that's not the intention of the central bank.
They've said that they continue to see a great need to continue to support this economy.
You know, but but but I guess on the other side of all this is the other thing that's really played a pivotal role in stocks is resilience this year is that people have been really conditioned to buy the dip.
So we've seen time and time again throughout this rally, and March was the most extreme example, but there's been others where whenever there have been moments where stocks pulled back because of some of these fears, there has been a willing and able crowd to step in and push those prices right up higher.
It stretches all the way back to the financial crisis when things fell and eventually rose again, and that's really become a conditioning for investors that stocks seem to
inevitable in terms of their rise at this point.
Thanks for having me.
WSJ Your Money Briefing · Robinhood Is Easy to Use; Does That Make It More Risky? · 21 Aug 2020
podcast
If traders are just trading because it's fun, it's a neat experience, and it's easy to do, there's a lot of research that has shown for decades now that the more frequently a person trades, the more likely they're going to lose money in the longer term.
So really, Robinhood led the charge in this, but it made trading free.
Before Robinhood came along, people were spending at some points as much as $10, $20, $30 a trade on commissions.
And that just kept getting knocked down once Robinhood came onto the scene.
The other thing that they really also did, too, is just made trading from a smartphone hugely popular.
Showing 221–240 of 1,567 · page 12 of 79
← Previous
Next →