18. S01:E13 – Market Crash Dummies

  SEASON 01 – EPISODE 13 Welcome back to Milkshakes, Markets, & Madness where we invite you to share a laugh with us each week as we discuss our favorite Twitter tantrums and the madness of financial markets. If you are new to the show please read the LEARN MORE section which follows the show description and chapter timestamps further below. On our website there is an embedded video above and an audio player at the bottom of the page MARKET CRASH DUMMIES – KEEP YOUR HEAD OR LOSE YOUR MONEY Insert the Leslie Nielson “Nothing to See Here” meme from the movie “The Naked Gun”. While you are at it, you might want to add the Will Ferrell “Everyone Panic” meme from the movie “Semi-Pro”. But which meme, and which dummy, is correct? In order to make a prudent decision you need to first stay calm and keep your head. You also need to turn up the nuance, and turn off the hyperbole. Listening to people scream “it is the end of the world”, probably isn’t the road map to follow. However, with each passing day it does feel like we are speeding fast towards a dead end. Therefore, you need to watch your speed and check your mirrors, because dummies may be closer than they appear. Buckle up for another episode of the Milkshakes, Markets, and Madness Show. https://youtu.be/isfKxPp0rS0 —————– CHAPTERS —————– 00:00 – Disclaimer 00:25 – Video intro (Short) 00:55 – Show intro (Jon sets the stage with a full range of topics) 01:22 – Nuance vs. Hyperbole 01:57 – People are losing their minds 02:48 – UBS and Credit Suisse merger 03:24 – Skipping to the end of the movie (Brent gives his thoughts on Jon’s opening remarks) 04:06 – Keep your head 05:00 – “If” 05:40 – Panic first 06:21 – Credit Suisse and UBS merger 07:14 – Anything can happen 08:40 – Original Sin 09:07 – When Trust is Destroyed 09:49 – The 12 Disciples of Arrogance 10:59 – Rube Goldberg Machine 11:19 – Time horizon and the “all-in” mismatch 13:00 – The twitter “QE” debate 14:40 – That doesn’t mean what you think 14:57 – Know your hole, Jaw-broni 16:41 – Lose your religion, not your ass-ets 18:30 – The week ahead and announcements 19:37 – Outro / Disclaimer ——————— LEARN MORE ——————— Every week, Brent Johnson and Jon Kutsmeda invite you to share a laugh at their favorite Twitter tantrums, and the madness of financial markets. If you are tired of drawn out, jargon filled, boring financial podcasts, then tune in for Milkshakes, Markets, & Madness to enjoy the lighter side and off-topic discussions that include sports, politics, memes, travel, and whatever fun they find during the week. For anyone who is unfamiliar with our hosts, or new to the Dollar Milkshake Theory, please visit the