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Lagniappe
Oct. 3, 2024

Geopolitical Tensions, Strikes, and Natural Disasters

A lot is certainly happening all over the world. This week, we discuss the current geopolitical tensions, particularly focusing on the Israeli attacks on Hezbollah and the subsequent reactions from Iran. We analyze the impact of these events on global oil prices and the stock market, highlighting the surprising resilience of the markets despite these tensions. 

The conversation then shifts to the domestic economic landscape, including the performance of the Chinese market and the implications of the upcoming US elections. We also address the ongoing dock workers' strike and its economic ramifications, as well as the devastating effects of Hurricane Helene in the southeastern US.


Key Takeaways

  • [00:17] - Geopolitical tensions and market reactions
  • [05:15] - Investing at all-time highs 
  • [07:39] - A host of issues leading up to the election
  • [10:39] - Natural disasters, insurance, & potential long-lasting economic effects
  • [15:35] - Ramifications of the dock workers’ strike 



View Transcript



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Disclosure

The information in this podcast is educational and general in nature and does not take into consideration the listener's personal circumstances. Therefore, it is not intended to be a substitute for specific, individualized financial, legal, or tax advice. To determine which strategies or investments may be suitable for you, consult the appropriate, qualified professional prior to making a final decision.