The Unconstrained Podcast

The Bubba Show - 04.06.15


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EARNINGS SEASON IS UPON US HOW LOW CAN THE BAR DIP?Bubba comment to Dan Stecich about his displeasure with the current administration and particularly the way Obama handled the Netanyahu victory in Israel. Dan comments that Obama is suppose to be the CEO of America but he doesn't exhibit the leadership qualities that are necessary to run the country. Bubba and Dan talk about past presidents and how they made compromise to make the county work.Dan remarks that the market is due for a correction. He feels that there is so much negative news in the market that it is only a matter of time until we see a correction of between five and fifteen percent. Bubba observes that the earnings bar is now set so low it is almost impossible for companies to miss on the bottom line. Dan agrees with Bubba that current environment is fraught with problems.Bubba and Dan reminisce about the difference between todays market and when the orders went thru the floor. Dan says that the information flow on the market was better then. Bubba comments that technology has changed the way investors looked at the market. Today too many investors are acting as traders. Dan agrees that the difference between investors and traders is shrinking. He feels that this is going to hurt them in the long run.Bubba talks about opportunity in the country and how there is now so much manipulation that things have changed dramatically. Dan agrees and comments how things are not changing for the better. He uses the example of childrens sports where no score is kept so that no one is offended. Dan points out that if you dont know how to fail it will be harder to succeed. Bubba agrees that the current climate is unhealthy.
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The Unconstrained PodcastBy [email protected] (Myles Wakeham)