6. Navigating the Influence of Markets and Money with Patrick Ceresna
In this episode, Dwayne Kerrigan hosts. Patrick Ceresna is the Founder and Chief Derivative Market Strategist at Big Picture Trading Inc. Patrick is a Chartered Market Technician, Derivative Market Specialist and Canadian Investment Manager by designation. In addition to his work at Big Picture Trading, Patrick is an instructor on derivatives for the TMX Montreal Exchange, educating investors and investment professionals across Canada about the many valuable uses of options in their investment portfolios. Patrick is also the co-host of MacroVoices and Market Huddle, some of the most prominent financial podcasts on the market today.
This episode emphasizes the significant influence of markets and money on our lives, showcasing their potential to create both stress and chaos, as well as harmony and understanding. Lack of understanding can lead to negative consequences, while education about these topics enables individuals to better comprehend their impact and make informed decisions. By understanding the workings of the financial system, individuals can make wiser choices and mitigate potential risks.
Listeners will appreciate Patrick's expertise and multi-faceted approach to the financial industry. This episode caters to a broad audience, providing accessible content for both experienced investors and newcomers to the field.
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Timestamps
[00:00:00] Welcome.
[00:05:31] The pain of inflation.
[00:08:04] Money and availability of money.
[00:12:31] Leveraging real estate for consumption.
[00:17:34] Central banks and fiscal spending.
[00:21:23] Central banks tightening credit.
[00:25:39] Impact of interest rates on Canadians.
[00:29:36] Bond market crash.
[00:34:10] Bond bear market and equity prices.
[00:39:14] Something goes wrong, cascading downwards.
[00:44:17] Challenging moment for investors.
[00:47:42] Buying a company on the cheap.
[00:50:06] The mistake of underestimating risks.
[00:54:05] When unemployment is going up, it's already too late.
[00:58:35] Mortgage renewals and potential trouble.
[01:03:32] Auto car loan industry downturn.
[01:08:40] Global economic contraction.
[01:14:34] Investment in energy and resources.
[01:18:08] Impact of artificial intelligence.
[01:21:22] Leveraging AI in business.
[01:26:07] Global trade diversifying away from USD.
[01:32:33] The influence of markets and money.
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Disclaimer The views, information, or opinions expressed by guests during The Business of Doing Business are solely those of the individuals involved and do not necessarily represent those of Dwayne Kerrigan and his affiliates. Dwayne Kerrigan or The Business of Doing Business is not responsible for and does not verify the accuracy of any of the information contained in the podcast series. The primary purpose of this podcast is to educate and inform. Listeners are advised to consult with a qualified professional or specialist before making any decisions based on the content of this podcast.
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