37. Recession is looming, sentiment has shifted, and only 7 stocks matter

  Welcome back to Milkshakes, Markets, Madness. Additional weekly content, including a Monday “Peek at the Week” and a Midweek Update, are available exclusively on the YouTube Channel. If you are new to the show please read the LEARN MORE section which follows the show description and chapter timestamps further below. On our website there is an embedded video above and an audio player at the bottom of the page WATCH YOUR ASS-ETS The best offense is usually a good defense. Popular recession indicators, such as an inverted yield curve, have been flashing red long enough that investors are starting to notice. Well, some investors… Currently there are just 7 (maybe 8) tech stocks that are carrying the bull market on its back, but even Icarus could only fly so high before his wings burst into flames. Be careful chasing such a lopsided market this late into a hiking cycle, instead now is good time to watch your assets closely and consider reducing risk. Unless, you feel lucky. Well … do ya … punk? Learn more on the latest Milkshakes, Markets, and Madness Show. https://youtu.be/7hiEJTboSyQ ——————— SEASON 01, EPISODE 32 ——————— 00:00 – Title screen 00:03 – Disclaimer 00:05 – Video intro (25 seconds) 00:31 – Messi’s Miami debut 03:05 – The relative game 05:45 – Mining asteriods for gold 07:35 – Yield curves and recession indicators 09:32 – Sentiment shifting (Magnificient 7) 11:53 – Market cap explained 15:48 – Nasdaq on fire meets Smokey the Bear 17:03 – Jawbone Jerome 20:55 – Put/Call Ratio explained 23:59 – Brent’s “net-short” position 26:17 – Life finds a way (Reflecting on Argentina) 29:14 – Salutations 30:12 – Outro 30:26 – Disclaimer ——————— LEARN MORE ——————— Every week, Brent Johnson and Jon Kutsmeda invite you to share a laugh at their favorite Twitter tantrums, and the madness of financial markets. If you are tired of drawn out, jargon filled, boring financial podcasts, then tune in for Milkshakes, Markets, & Madness to enjoy the lighter side and off-topic discussions that include sports, politics, memes, travel, and whatever fun they find during the week. For anyone who is unfamiliar with our hosts, or new to the Dollar Milkshake Theory, please visit the About Us section of this website for additional links that help explain it all. —————————— JOIN THE MADNESS —————————— Share your thoughts with a comment on the YouTube Channel and hit the SUBSCRIBE button while you are there! Join us each week for another episode, released every Saturday morning Eastern Standard Time. Until then, don’t be bashful,