Before the age of social media and the internet, information about the economy flowed slower and people still had time to panic. Today, people still panic. But the panic sets in faster and they react quicker –– right at the snap of their finger as they scroll online. In this week’s episode of “The Capitalist Investor,” Derek, Luke, and Tony focus on Snap’s latest profit forecast and how the social media company’s report sent the market on a decline. Episode #128 is all about discussing the flow of information and what the market is really saying. To know the market means to act with due diligence and do what you will with the information you trust.
Outline of This Episode:
● [0:50] Brief praise for wedding season
● [4:20] The market reacts to Snapchat
● [7:45] Today, the effects hit quick
● [13:40] Using due diligence to find main takeaways
● [19:00] Eating, fast food, and consumer behavior