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Episode #64

Market Update 8/6/2024: Nasdaq, Nikkei and S&P are Rocked

08.16.2024

On this episode, following one of the most volatile days in the market, Drew sits down for a moment with Patrick Shea, an associate at Benson Wealth Management, to talk through the events of the past few weeks. While concerns in the media are running hot with worries of a possible recession, Drew seeks to bring a sense of calm and understanding to recent events and make sure listeners understand the fundamentals driving the current stock market and macroeconomy.

Securities offered through Raymond James Financial Services, INC., member FINRA/SIPC. Investment advisory services are offered through Raymond James Financial Services Advisors, INC. Benson Wealth management is not a registered broker/dealer and is independent of Raymond James Financial Services. Prior to making an investment decision, please consult with your financial advisor about your individual situation. The prominent underlying risk of using bitcoin as a medium of exchange is that it is not authorized or regulated by any central bank. Bitcoin issuers are not registered with the SEC, and the bitcoin marketplace is currently unregulated. Bitcoin and other cryptocurrencies are a very speculative investment and involves a high degree of risk. Investors must have the financial ability, sophistication/experience and willingness to bear the risks of an investment, and a potential total loss of their investment.

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Investment advisory services offered through Raymond James Financial Services Advisors, Inc.. Benson Wealth Management is not a registered broker/dealer and is independent of Raymond James Financial Services.

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