Black Men: Stack Your Paper
Black Men: Stack Your Paper
Terry D. Smith II
Stocks Tumble On Strong Job Data, Tesla and China Anticompetitive?, and Morgan Stanley's View on Microsoft
8 minutes Posted Jul 6, 2023 at 9:00 pm.
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Are you prepared to navigate the turbulence of what I believe to be a bear market? This episode is packed with insights on the recent economic events and their impact on the stock market. I share my personal investment strategy, making a bold move to exit all my positions and my plans to re-enter with blue chips when things stabilize. We discuss the surprising job market data that caused investors to anticipate painful interest rate hikes by the Federal Reserve, and I share my thoughts on its implications.

In the second half, we switch gears to the electrifying world of EVs, where Tesla and its Chinese rivals are creating a buzz by pledging to maintain stable pricing. We also delve into the recent valuation of Microsoft by Morgan Stanley, exploring a future possibly worth over three trillion dollars, thanks to AI advancements. Last but not least, I introduce the concept of bonds as a potential investment and borrowing tool. This episode is a thrilling ride through the current economic landscape, the EV market dynamics, and the potential of bonds in your portfolio. Let's go on this journey together, shall we?