Wall Street euphoria vs. Main Street angst: Mind the gap

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Jay Woods News

Chief Global Strategist,Sydnee Fried,Girl Scouts

In the ongoing story of the ‘haves’ and ‘have nots’, Jay Woods, Freedom Capital Markets' chief global strategist, explores the current environment of the...

In the ongoing story of the ‘haves’ and ‘have nots’, Jay Woods, Freedom Capital Markets' chief global strategist, explores the current environment of the stock market's boom and the average consumer's bust. With a humorous nod to the Girl Scouts and their beloved Thin Mints, Woods navigates the contrasting landscape and offers a solution.

The girl scouts were the first people to reduce the amount of thin mints because I could eat a sleeve in about 60 seconds, then I could do it in 45 seconds.Uh There are parts of main street that don't understand what's going on and what they hear, they hear the mania things they hear when gamestop and Roy Kitty re you know, tweets for the first time in three years and they think they can make a quick buck and it's the long term investors that tend to do well over the long term.

Uh, the stock is starting to see consistent user base and it's growing, it's going after an older base of people like my, my age, which, as, you know, we won't diverge, uh, divulge, divulge.So, II, I think education shows like this, uh, help people that don't understand some of the things that people like myself have been engrossed in for 32 years and just talk like it's our everyday common language.Donald Trump Jr.

 

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