RT274 - The Bear Year

In this episode of our podcast, we cover the latest news in the world of finance and business. We'll discuss the continuing struggles of Tesla and the resurgence of Chinese stocks after their re-re-reopening. We also touch on the trend of remote work becoming more prevalent and the mixed effects it has on the job market. We'll also delve into the current state of the stock market, which has been experiencing a bear year. We compare this market to those of the past, such as the post-dot-com crash of 2001-2002 and the financial crisis of 2008, and discuss the potential for recovery in the coming years. Despite the bear market, we also highlight the fact that the stock market is not the same as the economy and the slow, orderly nature of the current sell-off. In the final segment, we delve into the idea of the market and economy rebalancing and preparing for growth in the future.