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What is a Bear Market and how concerned should you be? Cryptocurrency crashing and why this is a MAJOR problem for sports (Episode 615)
Today’s word of the day is ‘bear’ as in polar bear as in grizzly bear as in teddy bear as in a bear market. Let me explain exactly what’s going on with the stock market right now. How concerned should you be? Are you worried? Should you invest now? Sell now? What about sports? Let’s say a team paid $10M for in arena sponsorships and then the team cannot pay. Well, it’s happening all across sports right now. (14:50) Now let’s talk about cryptocurrency. That market has almost crashed. Prices have been falling and falling and falling. Crypto dot com has invested almost $1B into sports deals and…
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