“Sosnoff is a moron. He doesn’t understand the basics of economics, so he has zero insight into the circumstances that drive the movement of the market. He lives in an upside down world where stock prices are the key to understanding the economy, rather than the other way around. The market is always right. If it’s in a bubble, it’s right. When it pops it’s right. Ratigan pointed this out to Sosnoff when he idiotically claimed that the FED has zero power and the markets have already “priced everything in.” Instead of real analysis, you will get superficial mathematical probability models and platitudes about the omniscient “market.” Listen to someone who analyzes fundamentals, because idiots like Sosnoff are going to get crushed when high interest rates pull the rug out from under their overvalued stocks. You have nothing to learn from this charlatan, and a lot to lose.”
h-watashawty via Apple Podcasts ·
United States of America ·
08/30/22