What a year 2021 was! In the 2022 Season of the Truth or Skepticism podcast, Tom Sosnoff and Dylan Ratigan dive into topics ranging from business and finance to technology, politics, and global news. With another unpredictable year ahead of us, follow along as this duo unpacks how all these factors play into the trading markets.
If we have an obedient capital system, the market already knows what pricing will look like because it's highly liquid. Apple or Volkswagen already know what will happen, even in the bond market. Dylan wants to get to the bottom of the Fed's real impact on a free market system. Tom has a different take.
Statistically you can set yourself up for more successes than great failures by believing in the big idea or so Tom believes. Dylan is risk adverse and leans closer to consideration, practicality, and caution. And it's not just for the sake of innovation. What would happen if there were no Jeff Bezos or Steve Jobs of the world, we would have lost some of the greater visionaries and innovators of our time. A public-school systems lack of resources based on real estate taxes paid by wealthier neighborhoods, something the poorer neighborhoods just can’t afford, the corporate tax code is still fragmented in the public and private sector, universal healthcare and you name it is being debated on today's episode.
Is student loan forgiveness ultimately going to fall on taxpayers? One side of the aisle would have you believing so. Tom and Dylan discus the Trump Administration's tax cuts for the one-percenters and why the right was practically giddy about it—then. Is this a complete contradiction? Tune in to check out their lively debate on today’s Truth or Skepticism.
Dylan and Tom discuss the real cost of losing that personal connection to others throughout the workday, while everyone was working remotely during the years of a new and deadly virus known as COVID-19. Did we lose so much more than just our creative outlet?
Warren Buffet pays less in taxes than his assistant. A kid in college who will become an investment banker and a kid who will become a teacher pay the same amount for their education, but their expected earnings are not even close. Tom and Dylan discuss the disparities of a college education that is far from free and what should be done about it.
Tom and Dylan tackle the bigger case for whether the financial systems in place are structurally sound, going all the way back to the housing and stock market crash of 2008 and 2009. Dylan makes his case for broken financial systems and the inevitability of people with bad credit allowing loans to go into default creating a domino effect on every other market and how the solution was to ignore the real problem (a distorted and broken lending system) and just print more money. As a result, we have had an excess of free money for 10 years. Was this ideology ever truly sustainable?
Tom and Dylan discuss how most Presidents and their administrations have little understanding of how inflation works. When it comes to market disruption, this is just the luck of the draw depending upon who is fortunate or unfortunate enough to be in office at that time. In all instances, when the economy is good, the powers that be bask in the glow of their high approval ratings as they skate by without fixing the problem. Then it's up to the FED to do the dirty work of market correction after the fact. But why scare people? Dylan wants to know what working solution is the least painful to everyone’s financial security. Tom has a few ideas.
When does the consumer really matter? Could the SEC rules greatly limit the self-directed trader, thus only making it easier for Wall Street to dominate. Tom and Tony take on if tighter regulations is a good thing for the market and the consumer.
Post vs. Pre-pandemic: Is the labor market diminishing? Tom and Dylan discuss how the return-to-work dynamic is in direct conflict with the work from home dynamic that seems to be impacting innovation. A power point and a prayer for remote workers, the downtrend in the markets, exit strategies that no longer work, and don't even get them started on the state of corporate earnings stocks. Tom and Dylan are planning to have it all solved by the end of today's segment of Truth or Skepticism.
Where does it end? Dylan and Tom tackle wealth disparity, big rich egos and how they are encroaching on our everyday lives from the Apple's and the Amazon's of the world to the purchase of the biggest primary news source on earth - Twitter.
tastytrade content is provided solely by tastytrade, Inc. (“tastytrade”) and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, transaction or investment strategy is suitable for any person. Trading securities can involve high risk and the loss of any funds invested. tastytrade, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. Investment information provided may not be appropriate for all investors, and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. tastytrade is not in the business of transacting securities trades, nor does it direct client commodity accounts or give commodity trading advice tailored to any particular client’s situation or investment objectives. Supporting documentation for any claims (including claims made on behalf of options programs), comparison, statistics, or other technical data, if applicable, will be supplied upon request. tastytrade is not a licensed financial advisor, registered investment advisor, or a registered broker-dealer. Options, futures and futures options are not suitable for all investors. Prior to trading securities products, please read the Characteristics and Risks of Standardized Options and the Risk Disclosure for Futures and Options found on tastyworks.com.
tastytrade is a trademark/servicemark owned by tastytrade.
tastyworks, Inc. ("tastyworks") is a registered broker-dealer and member of FINRA, NFA and SIPC. tastyworks offers self-directed brokerage accounts to its customers. tastyworks does not give financial or trading advice nor does it make investment recommendations. You alone are responsible for making your investment and trading decisions and for evaluating the merits and risks associated with the use of tastyworks’ systems, services or products. tastyworks is a wholly owned subsidiary of tastytrade, Inc (“tastytrade”).
tastyworks, Inc. (“tastyworks”) has entered into a Marketing Agreement with tastytrade (“Marketing Agent”) whereby tastyworks pays compensation to Marketing Agent to recommend tastyworks’ brokerage services. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of Marketing Agent by tastyworks. tastytrade is the parent company of tastyworks. tastyworks and Marketing Agent are separate entities with their own products and services. tastytrade has different privacy policies than tastyworks.
Quiet Foundation, Inc. (“Quiet Foundation”) is a wholly-owned subsidiary of tastytrade The information on quietfoundation.com is intended for U.S. residents only. All investing involves the risk of loss. Past performance is not a guarantee of future results. Quiet Foundation does not make suitability determinations, nor does it make investment recommendations. You alone are responsible for making your investment and trading decisions and for evaluating the merits and risks associated with the use of Quiet Foundation’s systems, services or products.