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 now its laying off staff. (25:15) Now we move to affordable housing. The Oakland Athletics are looking for a new stadium deal and affordable housing has become the main area of interest. (33:00) Review: Coldplay - A Head Full of Dreams. (36:00) NPPOD - The Warriors won despite Steph Curry not hitting a three for the first time in his playoff career! (40:10) Josh Donaldson lost his appeal for his remark made to Tim Anderson. What goes into the appeal process? (42:40) What is going on with the White Sox? Is it time for Tony La Russa to go? (44:38) MLB is starting to fine teams for bench clearing brawls, even if it happens in the minor leagues. Learn more about your ad choices. Visit podcastchoices.com/adchoices