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HBO and The Ringer's Bill Simmons hosts the most downloaded sports podcast of all time, with a rotating crew of celebrities, athletes, and media staples, as well as mainstays like Cousin Sal, Joe House, and a slew of other friends and family members who always happen to be suspiciously available.
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Chad and Mike break down the major moves in US and international markets from the past quarter, revealing why diversification works unexpectedly. They chat through the impact of recent tariff news, what those headlines might mean for the economy and your portfolio, and share evidence-based strategies for taking action (or not!) when markets get rocky.
Outline of This Episode- [0:00] Major moves in US and international markets from the past quarter
- [4:22] The benefits of diversified portfolios
- [9:15] Trade deficit and tariffs explained
- [9:54] Tariffs impact product prices, and consumer costs increase
- [13:03] Historic tariff surge of 22% shocks the stock market
- [16:27] Top Tech Chart Insights
- [20:39] Interest rates are expected to decline, making equities better for long-term growth
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