Name: Maria Bartiromo warns against knee-jerk reactions to market selloff
Uploaded: 2020-03-04T22:12:37.000Z
Duration: 8 min
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

MONEY GOES INTO TREASURIES, SAFE HAVEN, THE PRICE GOES UP, THE

HAVEN, THE PRICE GOES UP, THE YIELD COMES DOWN.

THERE YOU HAVE IT. ANOTHER SAFE HAVEN USIS GOLD.

ANOTHER SAFE HAVEN USIS GOLD. THAT IS AT A SEVEN-YEAR HIGH, UP

THAT IS AT A SEVEN-YEAR HIGH, UP 27 BUCKS AT $1676.

27 BUCKS AT $1676. >>> OIL, THAT’S NOT A SAFE

YOU ARE COMING OUT OF OIL BECAUSE OF THE DECLINE WORLDWIDE

BECAUSE OF THE DECLINE WORLDWIDE IN TRAVEL.

IN TRAVEL. $51 A BARREL FOR OIL, DOWN TWO

LOOK WHO’S HERE. I NEED HELP FROM THOSE WHO HAVE

I NEED HELP FROM THOSE WHO HAVE EXPERIENCE IN HANDLING THIS KIND

EXPERIENCE IN HANDLING THIS KIND OF THING.

OF THING. MARIA BARTIROMO HAS SEEN ALMOST

MARIA BARTIROMO HAS SEEN ALMOST AS MANY SELLOFFS AS I HAVE.

MARIA: SELLOFFS, RALLIES. STUART: HOW DO YOU HANDLE THIS

MARIA: I THINK YOU WANT TO FIRST STOP, SEE WHERE YOU ARE

STOP, SEE WHERE YOU ARE INVESTED, ASSESS WHAT YOUR

INVESTED, ASSESS WHAT YOUR INVESTMENTS ARE, AND ACTUALLY

INVESTMENTS ARE, AND ACTUALLY IDENTIFY WHERE THE EXPOSURE IS

IDENTIFY WHERE THE EXPOSURE IS IN TERMS OF THE EXPOSURE TO

APPLE IS AN OUTLIER. APPLE IS PRODUCING EVERYTHING IN

APPLE IS PRODUCING EVERYTHING IN CHINA AND THEN IT’S COUNTING ON

CHINA AND THEN IT’S COUNTING ON ALL THE DEMAND COMING OUT OF

ALL THE DEMAND COMING OUT OF CHINA FOR ITS GROWTH STORY.

CHINA FOR ITS GROWTH STORY. THAT’S NOT EVERY COMPANY.

THAT’S NOT EVERY COMPANY. YES, 50% OF THE EARNINGS IN THE

YES, 50% OF THE EARNINGS IN THE S&P 500 ARE COMING FROM

S&P 500 ARE COMING FROM INTERNATIONAL ECONOMIES BUT NOT

INTERNATIONAL ECONOMIES BUT NOT TO THE EXTENT THAT APPLE HAS

TO THE EXTENT THAT APPLE HAS ENTRENCHED IN CHINA.

ENTRENCHED IN CHINA. SO NOT EVERYTHING IS GOING TO

SO NOT EVERYTHING IS GOING TO GET IMPACTED HERE.

GET IMPACTED HERE. STUART: ARE THERE GOING TO BE A

STUART: ARE THERE GOING TO BE A LOT OF PEOPLE, SMALL INVESTORS,

LOT OF PEOPLE, SMALL INVESTORS, INDIVIDUAL INVESTORS, WHO LOOK

INDIVIDUAL INVESTORS, WHO LOOK AT THIS MARKET AND SAY YOU KNOW,

AT THIS MARKET AND SAY YOU KNOW, IT DOESN’T COST ME ANYTHING TO

IT DOESN’T COST ME ANYTHING TO BUY A STOCK, THE TRANSACTION

BUY A STOCK, THE TRANSACTION COST IS ZERO, SO IF I BUY

COST IS ZERO, SO IF I BUY MICROSOFT, SAY, AT $170 A SHARE,

MICROSOFT, SAY, AT $170 A SHARE, AND TEN MINUTES LATER, I SELL IT

AND TEN MINUTES LATER, I SELL IT FOR $172, THERE’S GOING TO BE A

FOR $172, THERE’S GOING TO BE A LOT OF PEOPLE TEMPTED TO DO

MARIA: SURE. YOU WILL WANT TO FLIP AND GET IN

YOU WILL WANT TO FLIP AND GET IN AND OUT OF STOCKS.

AND OUT OF STOCKS. BUT IN MY VIEW THAT’S NOT THE

BUT IN MY VIEW THAT’S NOT THE WAY TO CREATE WEALTH OVER THE

LONG TERM. I THINK YOU DON’T WANT TO LOOK

I THINK YOU DON’T WANT TO LOOK AT EVERY SELLOFF AS AN

AT EVERY SELLOFF AS AN OPPORTUNITY TO GO KNEE-JERKING

OPPORTUNITY TO GO KNEE-JERKING REACTION ALL OVER THE PLACE.

REACTION ALL OVER THE PLACE. LOOK, I THINK YOU HAVE TO ASSESS

LOOK, I THINK YOU HAVE TO ASSESS YOUR PORTFOLIO AND UNDERSTAND

I’M NOT WORRIED ABOUT THIS BECAUSE I SAW THIS COMING.

BECAUSE I SAW THIS COMING. FRANKLY, OF COURSE WE WERE GOING

FRANKLY, OF COURSE WE WERE GOING TO HAVE DISRUPTIONS FROM CHINA.

TO HAVE DISRUPTIONS FROM CHINA. STUART: YOU SAW AN 800 POINT

STUART: YOU SAW AN 800 POINT SELLOFF COMING?

SELLOFF COMING? MARIA: I SAW THE DISRUPTION

MARIA: I SAW THE DISRUPTION COMING AND I TALKED ABOUT IT ON

THE REASON IS BECAUSE YOU ARE GOING TO HAVE DISRUPTIONS OF

GOING TO HAVE DISRUPTIONS OF PARTS, SHORTAGES IN COMPONENTS,

PARTS, SHORTAGES IN COMPONENTS, EVERYTHING IS MADE IN CHINA.

EVERYTHING IS MADE IN CHINA. LOOK AT THE MEDICAL SERVICES

LOOK AT THE MEDICAL SERVICES INDUSTRY, WHERE YOU’VE GOT

INDUSTRY, WHERE YOU’VE GOT EVERYTHING FROM PLASTIC GLOVES

EVERYTHING FROM PLASTIC GLOVES TO MASKS TO 70% OF DRUGS,

TO MASKS TO 70% OF DRUGS, GENERICS ARE COMING FROM CHINA

GENERICS ARE COMING FROM CHINA AND INDIA.

AND INDIA. YES, YOU WILL HAVE DISRUPTIONS.

YES, YOU WILL HAVE DISRUPTIONS. LET’S UNDERSTAND FULLY WHAT THE

LET’S UNDERSTAND FULLY WHAT THE DISRUPTION IS.

DISRUPTION IS. LET’S UNDERSTAND FULLY WHAT

LET’S UNDERSTAND FULLY WHAT COMPANIES WE OWN AND HOW MUCH

COMPANIES WE OWN AND HOW MUCH EXPOSURE THEY HAVE.

Subtitles ListPlay Video

Maria Bartiromo warns against knee-jerk reactions to market selloff

pandemic

enthusiasm

exposure

decline