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In this week's Market Recap, portfolio manager Lance Roberts and I discuss the drivers of this week's turbulence in stocks (especially the Magnificent 7 tech stocks), the disappointing payrolls numbers, the impact of the upcoming presidential election as well as the resumption of buybacks on markets, as well as Lance's firm's recent trades.
#election2024 #magnificent7 #payrolls
00:00 This Week's Market Jitters
5:17 Election Impact On Markets
13:16 A Rough Week For Big Tech
27:07 Buybacks Starting Again
45:21 S&P Sell Signal Still In Place
54:28 Is The Trouble In UK Gilts A Worry?
1:13:46 FinCEN Deadline Approaching
1:15:16 Lance's Latest Trades
1:17:01 Social & Cultural Capital
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