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Carl-Gould-#70secondCEO-Sideways Market
Manage episode 453615960 series 2943616
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Sideways Market
Hi everyone, Carl Gould here with your #70secondCEO. Just a little over a one minute investment every day for a lifetime of results.
When it's sideways, people are paralyzed, right? I was in Los Angeles one time when there was an earthquake. I was like, what was that? We don't get those on the East Coast, right? And all the native Californians were like, no big deal. It's just an earthquake. I'm like, earthquake, Jesus, right? Now, when there's an earthquake, what are people doing? Are they saying, oh, wait a minute, we will have to evacuate. We should get to the vending machines and stock up and provision because we might be outside for a while. Or are they like, Jesus, let's get to the door? What are they doing, buying, or they're getting out? They're getting out.
They're not buying when the market's going sideways, right? You all hear about how your customers are saying, well, I'm waiting for the presidential election. Then I'm going to know how things are going to go, right? Right now, there is a macro paralysis in buying until the presidential election. We are in a sideways market in almost all industries right now.
Like and follow this podcast so you can learn more. My name is Carl Gould and this has been your #70secondCEO.
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