4.6 • 730 Ratings
🗓️ 14 April 2025
⏱️ 16 minutes
🧾️ Download transcript
Please enjoy my monologue Markets Whipsaw with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.
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I’m MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I’m proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show.
To start? I’d like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/
You can watch a free video here: https://www.trendfollowing.com/video/
Can’t get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast
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Hope you enjoy my never-ending podcast conversation!
Click on a timestamp to play from that location
0:00.0 | Wild times. |
0:02.9 | You got to give the Orange Man credit. |
0:06.3 | The Orange Man knows how to take power, |
0:10.0 | and he knows how to use it. |
0:13.0 | Maybe it works for the benefit of most people. |
0:17.6 | Maybe it doesn't. |
0:19.7 | I mean, if we go back in time to the dot com era and we look at the |
0:26.3 | gas that was poured into tech, 94 until 2000 when the dot com bubble burst. And we get to the fall |
0:36.5 | of 2002, the NASDAQ is down 77 percent, almost two years |
0:43.8 | after the bubble burst. And to get out of that bubble, they created the next bubble, the big |
0:51.7 | short film, which we all love. It's a great film. But after the big short, |
0:58.1 | they had another bubble that had burst. I'm shortening the time frame here, but we went into |
1:05.0 | 10 years of zero interest rate policy. For a decade, you got no interest on your money. |
1:13.6 | Then we got COVID. |
1:15.6 | Then we told everybody to stay home, |
1:19.6 | lockdown, we'll send you money. |
1:23.6 | Obviously, money that did not come without a cost |
1:25.6 | because creating free money out of thin air leads to inflation, which is what we got. |
1:32.3 | Then we got Trump again for a second time. |
1:35.5 | And this last 25 years of Wall Street manipulation, Trump is attempting to do something about it. |
1:46.8 | I have no idea if he'll be successful. |
1:55.1 | But in spirit, I'm with him. Because it's a shitty system. Go back and look at 2008. |
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