Nicole Lappin
👤 SpeakerAppearances Over Time
Podcast Appearances
A lot of people need a hug these days. It goes a long way. I want to do some time travel back to 08, but I want to start with where we are right now.
A lot of people need a hug these days. It goes a long way. I want to do some time travel back to 08, but I want to start with where we are right now.
We're talking on Thursday, April 10th, and I preface this because every day is some big move.
We're talking on Thursday, April 10th, and I preface this because every day is some big move.
We're talking on Thursday, April 10th, and I preface this because every day is some big move.
Every hour. You need Valium or a drink or I don't know.
Every hour. You need Valium or a drink or I don't know.
Every hour. You need Valium or a drink or I don't know.
That too. So is that what you suggest? I mean, this week, the market dropped 10% on Trump's tariffs, rallied 9%. We are back down 5%, I think, at the time we're talking. Is this a relief rally that we're going to settle into? Or is this more of a bear market? What is going on?
That too. So is that what you suggest? I mean, this week, the market dropped 10% on Trump's tariffs, rallied 9%. We are back down 5%, I think, at the time we're talking. Is this a relief rally that we're going to settle into? Or is this more of a bear market? What is going on?
That too. So is that what you suggest? I mean, this week, the market dropped 10% on Trump's tariffs, rallied 9%. We are back down 5%, I think, at the time we're talking. Is this a relief rally that we're going to settle into? Or is this more of a bear market? What is going on?
Well, the VIX, the sort of fear index has been up for a while. P's have been high. Multiples have been high. There's been a lot of warning signs flashing across the market for a while now, even before all the tweets on tariffs and announcements on tariffs. Do you think even if we didn't have all this tariff drama, we were bound for a correction anyway?
Well, the VIX, the sort of fear index has been up for a while. P's have been high. Multiples have been high. There's been a lot of warning signs flashing across the market for a while now, even before all the tweets on tariffs and announcements on tariffs. Do you think even if we didn't have all this tariff drama, we were bound for a correction anyway?
Well, the VIX, the sort of fear index has been up for a while. P's have been high. Multiples have been high. There's been a lot of warning signs flashing across the market for a while now, even before all the tweets on tariffs and announcements on tariffs. Do you think even if we didn't have all this tariff drama, we were bound for a correction anyway?
I mean, historically, we've had a correction every couple of years anyway. So, of course, 10 percent.
I mean, historically, we've had a correction every couple of years anyway. So, of course, 10 percent.
I mean, historically, we've had a correction every couple of years anyway. So, of course, 10 percent.
I mean, do you think that the market was sick?
I mean, do you think that the market was sick?
I mean, do you think that the market was sick?