00:00 Intro
00:33 Elon Musk sends termination letter to Twitter
03:40 Lucid raises $8 Billion More
05:40 Jackson Hole stock selloff was an overreaction
07:06 Powell does not understand what is causing inflation
11:10 U.S. needs ‘miracle’ to avoid recession
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DISCLAIMER: All of Tom's strategies, and news coverage are based on his own opinions alone and are only done for entertainment purposes. If you are watching Tom's videos, please don't take any of this content as guidance for buying or selling any type of investment or security. Tom Nash is not a financial advisor and anything said on this YouTube channel should not be seen as financial advice. Tom is merely sharing his own personal opinion. Your own results in the stock market or with any type of investment may not be typical and may vary from person to person. Please keep in mind that there are a lot of risks associated with investing in the stock market so do your own research and due diligence before making any investment decisions.
00:33 Elon Musk sends termination letter to Twitter
03:40 Lucid raises $8 Billion More
05:40 Jackson Hole stock selloff was an overreaction
07:06 Powell does not understand what is causing inflation
11:10 U.S. needs ‘miracle’ to avoid recession
To join my discord community, weekly zoom calls and weekly hangouts for $5 per month, sign up here: https://www.patreon.com/user?u=13016082
*Disclosure: I only recommend products I would use myself and all opinions expressed here are our own. This post may contain affiliate links that at no additional cost to you, I may earn a small commission.
Improve your investment strategy by getting access to institutional-grade research tools and data from TipRanks. Get a 10% discount for TipRanks by using this link below:
https://bit.ly/3BJA7KJ
If you are a creator on YouTube like me, get access to TubeBuddy, the best research and channel management tool around. I use it everyday for my own channel. Here is a 20% coupon code for the platform: "TOMSBUDDY" - use this link to sign up: https://www.tubebuddy.com/TomNashTV
Sign up for Morning Brew, the best quick news source for your morning routine: https://morningbrewdaily.com/tomnash
DISCLAIMER: All of Tom's strategies, and news coverage are based on his own opinions alone and are only done for entertainment purposes. If you are watching Tom's videos, please don't take any of this content as guidance for buying or selling any type of investment or security. Tom Nash is not a financial advisor and anything said on this YouTube channel should not be seen as financial advice. Tom is merely sharing his own personal opinion. Your own results in the stock market or with any type of investment may not be typical and may vary from person to person. Please keep in mind that there are a lot of risks associated with investing in the stock market so do your own research and due diligence before making any investment decisions.
Are you fake or real? lol. Lots of videos out there saying you are fake.
The politicians won't let us work through it, we're going to keep spending, watch… Oh wait, we never really stopped!
Sadly BUT WAR With russia or china WOULD PULL US OUT OF RECESSION.
MASSIVE UNRESTRICTED DEFENSE FUNDS TO RESTART US INDUSTRY LOCALLY AND NATIONWIDE CLEAN INDUSTRY AND PROVIDE ALL WAR NECESSITIES BUT NOW MADE IN USA, would super fuel USA ECONOMY.
WHY BECAUSE USA CANNOT COLLAPSE AT WAR THAT WOULD BE TREASONOUS SUPPORT OF WARRING ENEMY OF USA. YES THIS WOULD HIGHLY LIKELY MEAN WORLD WAR 3 and USA WOULD HAVE TO AID AND FUND AND SUPPORT ALL USA ALLIED NATIONS VS ALL ENEMY ALLIES.
THE USA GETS MORE POWER AT WAR TIMES VS ENEMY FOREIGN NATIONS THAN AT ANY OTHER TIMES.
YES AND US MUST RETURN AND DEFEAT TALIBAN AND RETURN AFGHANISTAN TO THE AFGHAN US AND UK REFUGEES
ITS INEVITABLE THAT USA MUST INVADE CHINA TO FREE THE UYGHUR, JUST LIKE USA WENT TO WAR VS HITLER TO END THE HOLOCAUST.
These video titles are just getting more and more dumbererer. “THIS IS INSANE” “THIS HAS TO STOP” “THIS CHANGES EVERYTHING”
This is the perfect time for Tesla to release a low cost car and the Cybertruck
Embrace recession and get it over with. Trying to avoid it is like trying to out run/walk hoards of zombies that never gets tire.
I agree with Tom Lee, overreaction selling for simple repetition of what has been said multiple times over the past 6 + months. Nothing has changed, yet the market is selling off like cry-babies to get the FED to comfort the wusses? Ain't gonna happen, investors need to accept the fact that interest rates need to be raised at least once again unless inflation gets seriously lower numbers very, very soon, like next report! Admit that Tom Lee is a smart guy. Also, he may be bullish, but with hella good reason, stocks have fallen off the cliff over the last 18 months! Albeit, the market could continue lower and retest recent lows. We have new lows being created again last week and again this week, for example TWLO went under 70$…and this is a company that has been beating earnings for several quarters in the last 24 months. Prices of stocks are getting beyond ridiculous. It's certainly not helping retired people who are depending on that for income!
Increasing rates is going to kill businesses and crush the stock market in the process as well as crush middle-class and lower class finances which could send millions into bankruptcy. The FED need to be very, very careful how much more they raise rates. I'd say they need to do one or two more increases and pause.
Yeah, except Friedman was wrong or lying. One thing causes inflation – the owners of the goods and/or services raising prices.
Everybody knows you never go full Volcker
About Jerome Powell you obviously missed his emphasis on Paul volcker. And if you're not hip to what that means you're not a good analyst.
Lucid is more of a battery company. They have a superior battery to any other electric vehicle out there. Which is why their vehicle has the best distance performance
This is like the exact plot of Silicon Valley with the bots lmao
Great comments but I don’t buy Friedman’s theory. Excess monetary supply along with supply disruptions (yeah, Sheiks and the oil embargo and war) were prevalent in the 70’s and surprisingly now as well. I don’t buy money supply alone is the cause. Too much evidence to the contrary and I would just go back to 2008.
Tom Lee predicted the first half will be horrible and the second half this year will be a recovery, that prediction back to him last December.
It's so funny watching people who clearly don't like lucid talk about lucid, we get it, you saw the car, you saw the performance, you got scared and now all you're doing is crossing your fingers and pretending they don't have unlimited moneu and that elon is the only human on earth who can scale production, I'm a massive tesla bull but god you guys make me laugh at your over the top fear of competition.
Why are we acting like Tesla wasn't also a cash burning machine until the last 2 years. They were losing money for 2 decades before turning their first profit. They were founded in 2003 and in 2012 they sold 2,600 cars. In 2013 they sold 22,400 cars. So it took them a long time (a decade) and burning a lot of investor money before essentially selling the number of cars Lucid is on track for this year. Lucid switched from batteries to developing an EV in 2014 so its been 8 years. It's funny Tesla bulls don't understand this. That being said Lucid is overvalued.
Friedman is the Goat
When oil skyrockets almost every vendor passes along their cost increases.Crooks raise their prices past new transportation costs and gouge America.Quarterly profit reports support these facts
No one has figured out how to make money from Twitter’s business. You give far too much credit to Elon Musk who has a history of spectacular success, rent seeking, and failure combined with a large dollop of apparent fraud. Lucid has a very good product and the Saudis have a significant investment in Lucid. I don’t doubt that they will be able to raise additional funding and figure out how to move down market. There is plenty of room there for high quality EVs.
I think the lucid appeal is that if EVs become the future it will have more growth Here are some comparisons tesla 760 billion rivian 66 billion lucid 27.7 billion market evaluation/market cap of company so it will take 28 billion invested in to lucid to double the price of lucid stock compared to 760 billion invested in Tesla to get Tesla stock to double in price
“Mr. Hankey the Christmas poo
He loves me and he loves you”
South park had him in several episodes 😂
I want the nickname professor hanky panky!
Gotta say, I wholeheartedly disagree with you on this one. Stephen Roach would be an excellent name for an exterminator.
A few too many espressos, my guy? 😂. Loved the intro.
why not increase the taxes ? Like the VAT ? and not increase the yields ?
Milton Friedman also said you spend based on what you think your expected lifetime earnings will be.
Any idea what your lifetime earnings are going to be?
Friedmen is wrong, supply side shocks can definitely cause inflation aka higher prices for goods and services. Supply and demand always matters.
Great content
Tom cracks himself up!
Great show Tomaso!
Love it!
Lol, Tom's dance while Friedman was speaking 🤣
Love the way Tom breaks down the numbers while including humor