Speaker 1: It's Night Side with Dan Ray on Wazy Boston Radio.
Speaker 2: Hey, I Griffin, welcome to the night Side here. How
Speaker 2: are you. I'm great? How are you? Dan?
Speaker 3: It's great to be here talking with you again. Not
Speaker 3: that we've missed a day, but it's just a little
Speaker 3: different tonight.
Speaker 2: Yeah. Well, it's great opening day for the Bruins. And also,
Speaker 2: by the way, is a great night for Alex Ovechkin.
Speaker 2: He has tied scored two goals when the Capitals defeated
Speaker 2: the Blackhawks tonight. Earlier, we had a reporter on with
Speaker 2: us during the eight o'clock newscast, and he has been
Speaker 2: chasing Wayne Gretzky's record of eight and ninety four NHL goals,
Speaker 2: and tonight he scored two and he tied the record
Speaker 2: with a second goal in the third period, actually I
Speaker 2: think was the game winner. They beat the Blackhawks in Washington.
Speaker 2: We had a an iHeart reporter live from the scene
Speaker 2: during the eight o'clock hours. So now he's got probably
Speaker 2: at least six or seven games left to break the
Speaker 2: record of the great one.
Speaker 3: Well, it's it's it's nice to have a hockey story
Speaker 3: to uh to cheer for, because the Bruins Tomorrow night
Speaker 3: will be going for what they're or trying to avoid
Speaker 3: their tenth consecutive loss. It's been a decade since they've
Speaker 3: had this bad of a season, and in fact, I
Speaker 3: believe that if they lose just even one more game,
Speaker 3: mathematically they will be eliminated from the playoffs. Kind of
Speaker 3: the inevitable is probably gonna happen tomorrow night. But that's
Speaker 3: that's great on Ovechkin, but bad for the Bruins.
Speaker 2: I hate to tell you this, but the Bruins have
Speaker 2: lost end straight.
Speaker 3: Oh it's already been ten straight.
Speaker 2: It's ten. Yeah. They hit the double figure the other
Speaker 2: night in Montreal, and it's back for the It's back
Speaker 2: that the least Amadans tomorrow night, and the Canadians probably
Speaker 2: are going to the playoffs, which has been a reversal
Speaker 2: of many years.
Speaker 3: That even hurts even more.
Speaker 2: Oh yeah, oh yeah, that's that's proverbial salt into the wounds,
Speaker 2: that's sure.
Speaker 3: But you know what helps, You know what helps, Dan?
Speaker 3: We have the Red Sox now to root for and
Speaker 3: evening up to four and four in the season, So.
Speaker 2: Get the duck boats ready. I think I think this
Speaker 2: is a much improved baseball team. They were eighty one
Speaker 2: and eighty one a year ago, and they if they
Speaker 2: can win ten more games, and which I think is
Speaker 2: eminently doable, that's going to put them in the playoffs.
Speaker 2: Generally ninety one games will get you the playoffs. And
Speaker 2: it was a great They started out strong today and
Speaker 2: a was as you said in the newscast, what a
Speaker 2: beautiful spring day. No one could have expected that a
Speaker 2: week ago. It's not going to be great tomorrow and Sunday, though,
Speaker 2: I'm afraid.
Speaker 4: Yeah.
Speaker 3: Well, and if anybody was fortunate enough to be to
Speaker 3: be there or to watch the pregame ceremony with the
Speaker 3: team out there, twenty members of the team, including Fred Lynn,
Speaker 3: Jim Rice, anybody was able to see Kyle Yustrumsky throw
Speaker 3: up that ceremonial first pitch. What an emotional day it
Speaker 3: was seeing all all the players and seeing Yazz out
Speaker 3: there again. It was just phenomenal, very lucky to be
Speaker 3: here in Boston.
Speaker 2: And when we mentioned you know, Rice and Lynn, you
Speaker 2: have to mention that right field evans to dew Dewey. Yeah,
Speaker 2: pretty pretty good outfield that year. Oh great, great to
Speaker 2: have to chat with you. I haven't seen you. Maybe
Speaker 2: i'll see you someday next week. All right, I have
Speaker 2: a great weekend. All right. The big story today, sadly
Speaker 2: was not Ovechkin, although it's a big story in Washington,
Speaker 2: d C. Tonight. And the big story today and this
Speaker 2: entire week has been the Trump tariffs. And today the
Speaker 2: stock market actually lost more ground than it did yesterday.
Speaker 2: I think that all of the three you know, the
Speaker 2: Dow and the NASDAK and the Nasdaq and the S
Speaker 2: and P five hundred, they were down like five and
Speaker 2: a half six percent, which really I think surprised even
Speaker 2: market watchers after the blood bath yesterday. So now all
Speaker 2: of the the leading you know, stock indicators, which look
Speaker 2: at is say, who this is getting into scary territory,
Speaker 2: bear market territory, scary territory. The President insists that, hey,
Speaker 2: don't worry, We're about to enter the golden age. Well,
Speaker 2: if it is the golden age, it hasn't It hasn't
Speaker 2: started off very well, at least in terms of the tariffs.
Speaker 2: And I know that we had a great guest last
Speaker 2: night from Boston University of School of Business, the Questionum
Speaker 2: School of Business professor Greg Styler, who many of you
Speaker 2: have complimented and rightfully. So I thought he did a
Speaker 2: great job last night. And we've had others during the
Speaker 2: week and leading up to this, and we will will
Speaker 2: continue to follow the story. But I thought that tonight
Speaker 2: would be a great opportunity for people to kind of
Speaker 2: lean in. Now. The market affects everyone. And the reason
Speaker 2: I say that is if even if you have no
Speaker 2: investments and the stock market tanks as it has in
Speaker 2: the last two days, it has an impact on you.
Speaker 2: It has an impact on everybody who has stocks in
Speaker 2: their portfolio, if you're lucky enough to have a portfolio,
Speaker 2: it's also affects you if you have a four to
Speaker 2: one K. It affects you if you happen to have
Speaker 2: a pension with any major union, either state, municipal, or
Speaker 2: private union. It has a broad impact on senior citizens,
Speaker 2: who many of whom are living off Social Security. And look,
Speaker 2: it's very difficult to live off social Security alone. You
Speaker 2: would hope that most of the senior citizens have some
Speaker 2: other sources of revenue, whether again it's their own savings
Speaker 2: or perhaps a four to oh one k in addition
Speaker 2: of Social Security. So the question that this raises for me,
Speaker 2: and I think it should for all of you is okay,
Speaker 2: what do you do now? I would argue that at
Speaker 2: this point, and again I'm not giving financial advice, but
Speaker 2: I would tell you that at this point, I'm not
Speaker 2: gonna hold, I'm not gonna sell. Excuse me, because my
Speaker 2: feeling is that the market has always had ups and
Speaker 2: downs and it comes back. The worst that I heard
Speaker 2: today was people talk about the possibility of a recession.
Speaker 2: Maybe has gone up a little bit. Well, all of
Speaker 2: us who have lived a few years have been through recessions.
Speaker 2: They're not fun. If you go back to two thousand
Speaker 2: and seven, two thousand and eight, two thousand and nine,
Speaker 2: those were recession years. If you go back to two
Speaker 2: thousand and one, two thousand and two, a little bit
Speaker 2: of a recession, and there there was a recession when
Speaker 2: Bush was Bush forty one was president. And you can't panic.
Speaker 2: You just cannot panic. And I'm hoping that some of
Speaker 2: you will reinforce that thought tonight, because they don't want
Speaker 2: people who are new into the stock market and have
Speaker 2: let's say, invested five thousand dollars and they're young, and
Speaker 2: all of a sudden they've seen that five thousand dollars
Speaker 2: drop ten percent, and all of a sudden say, oh
Speaker 2: my god, my five thousand dollars. It's like Las Vegas.
Speaker 2: It's not Las Vegas. So let let's talk about your
Speaker 2: experiences in the stock market. I didn't watch it today.
Speaker 2: I really didn't because I said to myself, I'll see
Speaker 2: what it is at the end of the day. It's
Speaker 2: not going to be a good number that I know,
Speaker 2: and we'll see how bad a number it is, and
Speaker 2: let's see what happens. There were some There was a
Speaker 2: pretty strong jobs report, which I think is good. I
Speaker 2: know that people say, well, that might make inflation coming back. Well,
Speaker 2: you're not going to have inflation with a recession. I
Speaker 2: don't think you. I think the price of oil, and
Speaker 2: I can check some of that has has dipped down
Speaker 2: a little bit. You'll notice that there are some signs
Speaker 2: separated apart from the tariffs. I will admit, separate and
Speaker 2: apart from the tariffs. When the tariffs do go into effect,
Speaker 2: which I guess is tomorrow, let's see how that works out.
Speaker 2: We had a great explanation last night with Professor Staller,
Speaker 2: So I'm just going to open up the phone lines.
Speaker 2: We have about forty five minutes left in this hour
Speaker 2: at eleven tonight, I want to turn the tables and
Speaker 2: I want to ask all of you to tell me
Speaker 2: something good that happened to you this week, because I
Speaker 2: don't want to end the week on a down or
Speaker 2: in any way, shape or form. All of you have
Speaker 2: had moments this week where something good happened to you.
Speaker 2: I know that there are moments this week where some
Speaker 2: of you have gotten bad news. But I want to focus,
Speaker 2: beginning at eleven oh five tonight, on something good that
Speaker 2: happened to you. And we have a wide audience. So
Speaker 2: there's some parts of the country that are dealing with
Speaker 2: some bad weather tonight, but maybe you're in a part
Speaker 2: of the country that avoided the bad weather, So that's
Speaker 2: something that would be good. But right now, what advice?
Speaker 2: What what are you doing with your money in the
Speaker 2: stock market? And how concerned are you. I do not
Speaker 2: think it's time to panic. I don't think it's really
Speaker 2: ever time to panic. That's not a good idea. But
Speaker 2: you can join the conversation six one, seven, two, five,
Speaker 2: four ten thirty six one seven, nine, three, one, ten thirty.
Speaker 2: Let's light these phone lines up. Let's finish the week strong.
Speaker 2: We've had a great week. On nights. I had some
Speaker 2: great guests. I hope you enjoyed my guest last hour
Speaker 2: of the president of Assumption University, President Greg Wiener. UH.
Speaker 2: There is hope for UH colleges and universities as long
Speaker 2: as there are people like Greg Wiener who are at
Speaker 2: the helm of different colleges and universities. We'll take a break,
Speaker 2: We'll be right back after these messages. Let's light these
Speaker 2: lines up six one, seven, two, five, four, ten thirty
Speaker 2: six one seven, nine, three, one, ten thirty. If you're
Speaker 2: panicked and you want to tell me you're panicked, that's fine.
Speaker 2: I'll try to talk you off the ledge. But if
Speaker 2: you're not and you've been through something like this before,
Speaker 2: feel free to add your voice to the conversation. Be
Speaker 2: right back on Nightside.
Speaker 1: It's Night Side with Boston's news radio.
Speaker 2: So it was another bad day on the stock market,
Speaker 2: and that's what we're going to talk about for a
Speaker 2: little while. And I've had you lost faith in President Trump.
Speaker 2: He's somebody who I think came into office and promised
Speaker 2: the golden age. Is this the golden age? I don't know.
Speaker 2: I think not, and do I think it will work
Speaker 2: out eventually? I always tend to be an optimist, but
Speaker 2: your faith has to have been a little shaken by
Speaker 2: what happened today. I was hoping to see the market
Speaker 2: settle down today. When I say settled down, mean being
Speaker 2: you know, a slight loss for a slight game. But no,
Speaker 2: it doubled down. It doubled down today. Let me go
Speaker 2: to Mike and Beverly, who is a Trump supporter, and
Speaker 2: I suspect Mike is not concerned.
Speaker 5: Hey, Janganini, Dan Area, good too?
Speaker 2: How you doing?
Speaker 6: I'm not concerned all Dan, Like, it's only been two
Speaker 6: days then, And the point of information, Dan, you know,
Speaker 6: the reciprocal Paris reciprocal. You know, other country has been
Speaker 6: over chiding a terrace for years and we have not
Speaker 6: been done that. And this video is about this about
Speaker 6: Nisy Pelosi, Obama all that. I'm talking about it years ago,
Speaker 6: but they never followed through with it. And Trump finally,
Speaker 6: you know, put it into it now and it was
Speaker 6: freaking out. And there's the point it quickly yesterday one day,
Speaker 6: twenty three hour was General Motors and the Michigan Plan
Speaker 6: hired workers already to fill I think a couple of
Speaker 6: shifts already so day.
Speaker 2: Yet you know, I don't know if that was a
Speaker 2: consequence of the president. I mean, we've known the President
Speaker 2: had said for several weeks that it would be April second,
Speaker 2: would be a great day, Liberation Day, and you know,
Speaker 2: so they knew it was coming, and I know the
Speaker 2: White House will look it for every every every positive development.
Speaker 2: Look today, I think it was two hundred and eighty
Speaker 2: thousand jobs, which is which is a healthy number. And
Speaker 2: I think it's always good for people to go back
Speaker 2: to work. But you'll, you'll listen to the economist on television.
Speaker 2: I'll say, well, that just proves we're going to have
Speaker 2: inflation coming back. I don't necessarily agree with that. It
Speaker 2: sounds to me like that's a good thing, more people
Speaker 2: going back to work. But different economists see it differently.
Speaker 2: So you're not worried at this point. Do you have
Speaker 2: a stake in the stool?
Speaker 6: Agause?
Speaker 2: Okay, what I mean, it's okay? Did you get off?
Speaker 2: I hope you get off the crack Mike.
Speaker 6: Right, Yeah, I've been cleaning a while. I've been cleaning
Speaker 6: a while, Dan, But congratulations, I'm not doing that no more.
Speaker 6: But I don't have the benefice then, you know, market,
Speaker 6: I'll ask.
Speaker 5: You jobs, Mike.
Speaker 2: Yeah, are you still working?
Speaker 5: Yeah?
Speaker 7: I'm still working?
Speaker 6: Yeah?
Speaker 5: Yeah?
Speaker 2: Are you working part part time? A full time?
Speaker 6: Full time? But you know, I don't get all the
Speaker 6: vending and stuff like that to the end, you know.
Speaker 6: And you know, because I lost a while. I'm almost
Speaker 6: sixty then, so I lost a lot of years. I
Speaker 6: don't have all that sort of stuff. You're like a
Speaker 6: lot of other people.
Speaker 7: I understand.
Speaker 2: I understand. But you to be able to get your
Speaker 2: footing underneath you and you'll be okay and hopefully, yeah,
Speaker 2: you'll have some good health for the next ten or
Speaker 2: fifteen years at a minimum. Uh yeah, you'll be able
Speaker 2: to build up some bank accounts. And are you I
Speaker 2: I hope you're working. Don't work under the table, because
Speaker 2: at that point you don't get any of the Social
Speaker 2: Security benefits. You know that, right?
Speaker 6: Yeah? Yeah, I understand that, Dan, I get that.
Speaker 1: You know.
Speaker 2: It's just you want to get those what they call
Speaker 2: the forty quarters in meaning ten years, so that you're
Speaker 2: qualifying for Social Security. I think you know what I'm.
Speaker 6: Talking about, right, Yes, sir, I do, sir, Yes, sir, yes, sir.
Speaker 6: It's all I want everyone to be patient like that.
Speaker 6: Whether it's about bringing work his jaws back, you know,
Speaker 6: like the g anything yesterday and then anyone yesterday, a
Speaker 6: chip manufacturer, A kiddy Go was calm, is already worked
Speaker 6: back here. Already kidder Goo was the top of my head.
Speaker 6: And then Israel just later today is going to change
Speaker 6: zero tarifs is no more terrors. I mean, so you
Speaker 6: know that's.
Speaker 2: That's a good development. I hope that the President turns
Speaker 2: around and immediately drops our tariffs on Israel, because he's
Speaker 2: the one that's talked about reciprocal. So if Israel is
Speaker 2: doing the right thing, we better get in aligned with
Speaker 2: that as well, and hopefully that will encourage other countries
Speaker 2: to do the same.
Speaker 5: Exactly.
Speaker 6: Just whiles standing here for ourselves and bringing jobs back here,
Speaker 6: I just don't know why people are up and arms
Speaker 6: because finally bringing economy back here, but American workers back
Speaker 6: to work.
Speaker 2: I agree with that, and as they say, I hope
Speaker 2: this is the right way to do it. That's my
Speaker 2: only concern at this point. At this point, thanks Mike.
Speaker 5: Appreciate you all the things.
Speaker 6: The set is working through this weekend, we need a
Speaker 6: Seattle bill. Pass the Seattle bill. They're going to attach
Speaker 6: and no tax on tips, no tax on all the time,
Speaker 6: no tax on security. We need a sea bill pass.
Speaker 6: Once a sea bill pass, with the less regulation, the
Speaker 6: market will go through the roof.
Speaker 2: Well, let's see, let's see what happens. I guess that's
Speaker 2: another set of cards to play. Mike, appreciate you all
Speaker 2: have a great weekend.
Speaker 6: Thanks having going by all.
Speaker 2: You're welcome me go six one seven two thirty one
Speaker 2: line there got a couple at six one seven nine three.
Speaker 2: Mike obviously is pretty positive. Let's see what others are thinking.
Speaker 2: George's in Bridgewater, George next on nice, I welcome.
Speaker 4: Yeah, how you doing?
Speaker 5: Dan?
Speaker 2: Good? Sell?
Speaker 4: Sell, sell, sell everything?
Speaker 2: Why do you say that?
Speaker 4: No, that's my wife two days ago? Okay, did you
Speaker 4: I have you?
Speaker 1: Have you?
Speaker 2: Did you follow your wife's advice? Yeah?
Speaker 4: I did?
Speaker 5: You know?
Speaker 4: I said, you know, you know, I'm eighty years old.
Speaker 4: She's sixty two. So all this money in a portfolio
Speaker 4: is hers, and I'm just trying to make money for
Speaker 4: her retirement. But you know, I said, come here, look
Speaker 4: at this palunteer. I bought it for twelve dollars. This
Speaker 4: shear it was as high as one hundred and twenty five,
Speaker 4: like eight hundred percent interest and not now it's around
Speaker 4: five hundred percent. Uh, sell it, sell it, sell it.
Speaker 4: So when you sell it, it goes into this SPAG
Speaker 4: the sp sp A x X account, and the money
Speaker 4: just stays there and collects four percent interest.
Speaker 2: Okay, so you know, okay, if that makes you comfortable,
Speaker 2: then that's what you got to do. But everybody's circumstance
Speaker 2: has to dictate what their what their next move is.
Speaker 2: I I don't know where you did you did you get?
Speaker 2: What made you buy the stock at twelve? If that
Speaker 2: went up to one twenty? What? What type of stock was.
Speaker 4: That I have on my front page of Fidelity. I
Speaker 4: have the full one K savings plan. I don't touch that.
Speaker 4: Then I have stocks i'd buy for her under account
Speaker 4: and a roth Ira for my my account.
Speaker 2: Well you're pretty savvy, fester than it sounds to me.
Speaker 4: Uh Now, I've only been there two years. I think
Speaker 4: I think I'm a rookie, but I do study stocks.
Speaker 2: Uh and uh.
Speaker 4: But I sold everything, which I think was a big
Speaker 4: mistake because I have your attitude. Just hold sin on it.
Speaker 4: It's gonna come back.
Speaker 2: But but if you got out before Thursday.
Speaker 1: Morning, if you sold, well, yeah.
Speaker 2: If you sold on Wednesday, you know you're you're better
Speaker 2: off right now, and you could go back in and
Speaker 2: buy similar stocks, uh and and hopefully see an uptick.
Speaker 2: But that's a decision you got to make it. It
Speaker 2: depends upon your set of circumstances. I'm happy for you.
Speaker 2: Sound like to me, you're like, you're a pretty good
Speaker 2: stock picker.
Speaker 5: So, oh god, I think it's a way.
Speaker 4: Well, yeah, well, yesterday we lost you know, five thousand
Speaker 4: SEENI sold love of shares, but I don't touch there
Speaker 4: for one case, she lost five grand there, probably lose
Speaker 4: another five grand tonight because I don't. It doesn't hit
Speaker 4: the computer until around eleven thirty. But so we'll lose
Speaker 4: another five tonight instead of ten if I didn't sell anything.
Speaker 2: So but that hopeful, hopefully it'll come back, George, Okay,
Speaker 2: it always has. Okay, even when things really went south
Speaker 2: in two thousand and seven, in two thousand and eight,
Speaker 2: the time to buy was, you know, when and when
Speaker 2: it hit the bottom. It's always tough to time the market.
Speaker 4: You know that as well, So tell me about now's
Speaker 4: the time to buy. Let's see if we have a
Speaker 4: couple more days than it is. Of the market. Start's
Speaker 4: going up. There's some good buys out there. But according
Speaker 4: to my wife, she doesn't want to do it. She
Speaker 4: wants to collect her four percent, and that four percent
Speaker 4: that is held in fidelity or any other other por ffolio.
Speaker 4: If the Fed uh drops the interest rates, your money
Speaker 4: could be making only one percent. So it's I don't
Speaker 4: think that's a good investment at all.
Speaker 5: So but all right, yeah, I do what I do.
Speaker 4: What's I'm told.
Speaker 2: Well, I understand that, I understand that, I understand your situation.
Speaker 2: Trust me. Thank you, George. We'll talk again. Thanks you, brother,
Speaker 2: You're well. Good night. Will take quick break, okay, six
Speaker 2: n we'll get you in if you'd like. We will
Speaker 2: be talking about the stock market. Two very rough days,
Speaker 2: two back to back, the roughest days in quite a while.
Speaker 2: But we've been through rough days before. And as I say,
Speaker 2: I hope everyone is rooting for the stock market to
Speaker 2: come back. Now there are some people goes, he oh,
Speaker 2: I want to see all the rich people lose their money. Well,
Speaker 2: the rich people tend not to lose their money. They
Speaker 2: tend to be a little smarter because that's how they
Speaker 2: get their money In the first place. I'm more concerned
Speaker 2: about people who are on fixed incomes and who who
Speaker 2: need their their stock portfolio to come back. Six one seven,
Speaker 2: two five four six one seven nine three. We're chopping
Speaker 2: this off at eleven, So if you're calling late, you know,
Speaker 2: tonight at at ten fifty five, you're not going to
Speaker 2: make it. Dial it now if you want to weigh in,
Speaker 2: coming back on Nightside.
Speaker 1: Night Side with Dan Ray on WBZY, Boston's news radio.
Speaker 2: So it's been a rough week on Wall Street. There's
Speaker 2: no way to put a shine on that sneaker, But
Speaker 2: I'd love to hear from some folks who maybe have
Speaker 2: some perspective. We've been through this before. I'm not happy
Speaker 2: about it. I don't suspect many of you were happy
Speaker 2: about it either. But let's talk about it. Give me
Speaker 2: a yell. We will be here until eleven on this,
Speaker 2: and then after eleven we're going to change topics and
Speaker 2: change We're going to change the tone to be honest
Speaker 2: with you. But I'm looking for some positivity here. Kate
Speaker 2: isn't conquered. Hi, Kate, welcome you in next on night Side.
Speaker 8: Thank you. I was calling to make a point. I
Speaker 8: think that what we should be worried about is a
Speaker 8: lot bigger than our portfolios. And I think that the
Speaker 8: world's view of Trump is very small, and he is
Speaker 8: let's make a deal, okay, So that's a very pedestrian
Speaker 8: way to live your life. And Musk, if you listen
Speaker 8: to him carefully, is talking about his impact on civilization.
Speaker 8: I don't really think that anything that we do, worrying, obsessing, buying,
Speaker 8: and selling is really going to impact what we have
Speaker 8: ahead of us.
Speaker 6: And that's all I have to say.
Speaker 8: I'll hang up now.
Speaker 2: Well, you don't have to hang up. I'd prefer to
Speaker 2: have you talk to me. But that's fine. That's pretty
Speaker 2: dystopian view. Again, people have every right to call this
Speaker 2: program and make a statement and hang up. We like
Speaker 2: to do conversations here. I don't know what Kate is
Speaker 2: talking about. Frankly, if she is someone who just cannot
Speaker 2: abide Donald Trump and or Elon Musk or the Trump cabinet,
Speaker 2: that's okay. She has every right to say what she wants.
Speaker 2: But I'm just going to respond, Kate, just will while
Speaker 2: you're not here. It's a little unfair, but I'm going
Speaker 2: to take the opportunity. It would appear to me that
Speaker 2: President Trump is very much concerned about what's going on
Speaker 2: in other parts of the world. He has injected himself,
Speaker 2: at some political cost, into the whole Russian Ukraine situation.
Speaker 2: I don't know how that is going to work out. However,
Speaker 2: I'm glad that he is involved and that maybe maybe
Speaker 2: he can bring some peace to that troubled region. There's
Speaker 2: a lot of people going on over there who are
Speaker 2: going through a lot worse than what you and I
Speaker 2: going through. Kith, you're in conquered, and I'm you know,
Speaker 2: any of us here in New England's we're not worried
Speaker 2: about bombs dropping on our head. I have no idea
Speaker 2: where you wanted to take the conversation, and you know
Speaker 2: that's that's fine. I commend the administration for attacking and
Speaker 2: responding to the hooties who are using Yemen as the
Speaker 2: base of their operations to disrupt all sorts of commercial
Speaker 2: traffic in the Red Sea. I think that's a problem.
Speaker 2: I think it was a problem that was ignored for
Speaker 2: the last four years, and I think that that needs
Speaker 2: to be addressed and it has been, and hopefully you
Speaker 2: will continue to be until the hooties get the message
Speaker 2: I'm concerned earned about Iran perhaps developing a nuclear weapon.
Speaker 2: Maybe that's not on your radar, but that's something that
Speaker 2: I think the President is paying attention to. So I
Speaker 2: think there's a lot of things that I can look
Speaker 2: at and say the positive developments. But the next time
Speaker 2: you call Kate love to have a conversation with you,
Speaker 2: You're more than welcome to call. Make a station, make
Speaker 2: a statement, and do a mic drop. That's normally not
Speaker 2: what we do here at night say. Let me go
Speaker 2: to Joel and Natick. Joel, you're next on nightside.
Speaker 9: Welcome, Welcome, Dan. How you doing.
Speaker 2: I'm doing great. I wish Kate had stuck around, but
Speaker 2: that's neither here nor there. You go right ahead.
Speaker 9: You got the mic at Joel Go okay, So I'm
Speaker 9: going retired, Dan, yep. And I'm more in dividends in
Speaker 9: a word, about the stock market going up and down,
Speaker 9: as long as the stocks are paying their dividends will survive,
Speaker 9: all right.
Speaker 2: That's an interesting So.
Speaker 9: Every Saturday I go out and get the Wall Street
Speaker 9: Journal and look at the new hides and new levels
Speaker 9: for the stocks, and then you decide what you want
Speaker 9: to do based on a dividends.
Speaker 2: Do you have stocks that that you that are performing
Speaker 2: well for you.
Speaker 5: I don't.
Speaker 9: I have to wait till tomorrow. I'll tell you that story, Dan.
Speaker 9: I mean, we could change it, but some go, some
Speaker 9: do better than others.
Speaker 2: Okay, well, but what I'm saying is I assume that
Speaker 2: when you've made your investments, you've you've gone into the
Speaker 2: to the what will be considered the blue chips to
Speaker 2: make sure that you're getting a bang for your buck
Speaker 2: through dividends.
Speaker 9: Well, it depends what blue chips. I mean, we don't
Speaker 9: like them to smugglers. You know. It's in the food
Speaker 9: industry and and also the the drug industry.
Speaker 5: Yeah, very very but.
Speaker 9: It depends, as I said, it depends on how much
Speaker 9: sure you do the diffence. I'm not going to go
Speaker 9: looking for I know.
Speaker 2: And yeah, and when you talk about the food industry,
Speaker 2: America still has to eat. And when you talk about
Speaker 2: the pharmaceutical injury industry, there are more and more Americans
Speaker 2: who are getting older every day, members of our generation
Speaker 2: baby boomers, who are living their lives longer through through pharmaceuticals. Yeah,
Speaker 2: there's there's there's a lot of good stocks that are
Speaker 2: out there. And again, I think your perspective is an
Speaker 2: important perspective. It is not just what did the market
Speaker 2: do today? And the market today and yesterday tanked a
Speaker 2: thousand points yesterday, twelve hundred points yesterday and more today.
Speaker 2: The headline is not good, but there were two hundred
Speaker 2: and eighty thousand new jobs created, which you got to
Speaker 2: look at that a little bit. The price of gasoline
Speaker 2: has gone down. That probably is a consequence a little
Speaker 2: bit of what the Trump administration tried to do to
Speaker 2: the hooties a week and a half ago. So that's
Speaker 2: two weeks ago. Now, if we could eliminate them and
Speaker 2: put them back in their their corner and they would
Speaker 2: stop hitting commercial and in US Navy or firing rockets
Speaker 2: at commercial and US Navy vessels in the Red Sea,
Speaker 2: that would be a good thing. So yeah, I mean again,
Speaker 2: yours is yours is a pretty sophisticated point of view
Speaker 2: in terms of in terms of the stock market, Joe,
Speaker 2: I appreciate it.
Speaker 9: Stocks so you want to shoven, Yeah, thanks on they're
Speaker 9: doing well too. And then uh you find something else
Speaker 9: that's maybe tools like uh black and finally black and Decca,
Speaker 9: you know stuff like that.
Speaker 2: Yeah, Well, there will be people who may decide if
Speaker 2: the if money gets tight. That's again that that's a
Speaker 2: position that you would take and realize that maybe some
Speaker 2: people are going to say, well, instead of paying uh
Speaker 2: people to come over to do the work of my house,
Speaker 2: let me see what I might be able to learn
Speaker 2: and what skills set might I might I be able
Speaker 2: to learn that will save save me some money. So
Speaker 2: that's that's thinking ahead as well. So yeah, all good thoughts, Joel.
Speaker 2: I really do appreciate you. You're bringing a different point
Speaker 2: of view to the table. Thank you, Thank you as always.
Speaker 9: Yep, you have a good night by day you too.
Speaker 2: All right, we will continue to talk on this. I
Speaker 2: got a couple of open lines if you'd like to
Speaker 2: jump on board six one seven, two, five, four thirty six,
Speaker 2: one seven, nine, three thirty.
Speaker 6: Uh.
Speaker 2: Look, bad week for stocks, no doubt about it. Bad
Speaker 2: couple of days for stocks. If we could go back
Speaker 2: and replay it, everybody could have sold Wednesday night. That's fine. However, However,
Speaker 2: it's not the end of the world. Stock market tends
Speaker 2: to come back at least that's been that's been its history. Uh,
Speaker 2: And if you want to stay on the right side
Speaker 2: of history, please, I again not giving you this advice,
Speaker 2: but I think the worst thing people could do right
Speaker 2: now is panic and sell. And if the stock market
Speaker 2: does come back a month or so from now and
Speaker 2: you look back and you say, why did I dump
Speaker 2: that's and take a loss again, Not here to give
Speaker 2: anyone advice. I'm more interested in what your thoughts are.
Speaker 2: Joel had interesting thoughts, Mike and George had interesting thoughts.
Speaker 2: I wish I knew what Kate's interesting thoughts would have been,
Speaker 2: but she just wanted to make a statement, and she's
Speaker 2: welcome to do that on this show, though I would
Speaker 2: much prefer to have had a conversation. I got a
Speaker 2: bunch of lines here, so fill them up. Let's get
Speaker 2: to eleven o'clock and we'll start talking about some of
Speaker 2: the positive things in our life. I don't want to
Speaker 2: go into the weekend on a downer, Okay, that's not
Speaker 2: my goal. Six one, seven, two, five, four ten thirty
Speaker 2: six one seven, nine, three one ten thirty. Join the
Speaker 2: conversation back right after this couple of brief messages here
Speaker 2: on Nightside.
Speaker 1: You're on Night Side with Dan Ray on WBZY, Boston's
Speaker 1: news radio.
Speaker 2: All right, as we move towards the end of this hour,
Speaker 2: feel free to join the conversation. I'm looking for some
Speaker 2: up beat calls. You can sit there and you can
Speaker 2: stew in your own juices and tell me that it's
Speaker 2: been a horrible week, and yeah, it hasn't it hasn't
Speaker 2: been a great week, but I think there's a way
Speaker 2: to get around it. And I think that eventually things
Speaker 2: will will straighten out. And if if you'd like to
Speaker 2: give me your thoughts and your strategy, you got you
Speaker 2: got the number six one seven, two, five, four ten
Speaker 2: thirty six, one, seven thirty. Let me go to Warren
Speaker 2: in Fall River, Fall, Fall River calling, Hi, Warren.
Speaker 6: Welcome, Hey, Hey Dan.
Speaker 7: I'm just gonna preface, uh, what what I'm gonna say
Speaker 7: with a comment, First America, Like when when there's trouble
Speaker 7: around the world, America is the first country to help always,
Speaker 7: all right, And with you know, with that said, I
Speaker 7: mean after World War Two, America started building up the world,
Speaker 7: all right and started helping the world.
Speaker 2: Well, the you're talking about the Marshall Plan, which basically
Speaker 2: rebuilt Europe, and people forget about.
Speaker 10: Well we don't.
Speaker 7: We built Europe. We helped everything out. But I wonder
Speaker 7: if Trump is misreading the teasings right now, you know,
Speaker 7: thinking that you know, bending everything, you know, bending every
Speaker 7: country to his way of thinking, after after you know,
Speaker 7: years and decades of them taking advantage of us, and
Speaker 7: you know, what you're seeing is volatility. And you know,
Speaker 7: I'm just I'm just wondering what other countries really think
Speaker 7: of the United States And if if we were or
Speaker 7: if anything ever happened to us, who would who would
Speaker 7: come to who would come to help?
Speaker 2: Let me tell you, we as a nation have been
Speaker 2: in many respects underappreciated. Uh. I mean, we protected the
Speaker 2: world from fascism in the nineteen forties and that that
Speaker 2: was the work of the Greatest generation. We defeated communism worldwide.
Speaker 2: Does Russia still exist, Yeah, but it's less of a
Speaker 2: threat today than it was when it was the Soviet Union.
Speaker 2: So we have we have we have protected Europe for decades,
Speaker 2: and we have we have helped. If you take the
Speaker 2: amount of work that Americans and the amount of charity
Speaker 2: that that we have given to the world, both as government,
Speaker 2: as agencies like us AI, ai D, and also private charities,
Speaker 2: it's it's it's immense.
Speaker 6: It's not even.
Speaker 7: More help for the world than every other country combined,
Speaker 7: and it's not even close.
Speaker 2: And it's taken.
Speaker 7: That's that's my point. And I'm just one and I
Speaker 7: and I all basically saying is okay, you took ad
Speaker 7: the image of us. It's time to bilence south the ships.
Speaker 2: Well, I think I don't think he's going to phrase
Speaker 2: it like that. I mean, I think I think what
Speaker 2: he's basically I think what he's basically saying is what
Speaker 2: he's saying is he wants a level playing field. Now,
Speaker 2: I don't know if we can get to the point
Speaker 2: where there is you know, free free trade and fair
Speaker 2: trade would be perfect if there were no there were
Speaker 2: no economic barriers, if there were no roadblocks, if there
Speaker 2: were no tariffs. We'll see where we are two months
Speaker 2: from now, see where we are.
Speaker 7: I'm thinking that, and I do think and I'll just
Speaker 7: I'll this is I think the purpose of tariffs is
Speaker 7: to have no terriffs.
Speaker 2: Yeah, I think that's true. I think that's what his
Speaker 2: goal is. And and and then I think he probably
Speaker 2: figures we would be the big dog on the block
Speaker 2: and and and anew it to the benefit of the
Speaker 2: United States.
Speaker 6: Or fuxing our muscle.
Speaker 7: What's flexing our muscle right now. And the world doesn't like.
Speaker 2: It, probably probably not, Certainly China doesn't like it, that's
Speaker 2: for sure. Thanks, Wy, I'm talking. Appreciate your call.
Speaker 5: Okay, talk, I have a great night.
Speaker 2: Okay, I got a couple more get in here, I promise,
Speaker 2: stew and Virginia, Stu, welcome back. How are you, sir?
Speaker 5: It's always a pleasure Dan. You such a such a
Speaker 5: positive program with when you get talked to people. But
Speaker 5: I just use this as a chance to go bottom fishing.
Speaker 5: I keep them about ten percent of my portfolio in cash,
Speaker 5: and this is a chance I've won the bottom fishing.
Speaker 5: I'm looking at companies that will flourish in bad times
Speaker 5: as well as good times. And one of them, as
Speaker 5: you said earlier, it's a food service business, Walmart's. The
Speaker 5: best food is a good sert in home, old foods.
Speaker 5: And I'm going got all endo go bottom fishing and
Speaker 5: spend my money. And but you always I listen to
Speaker 5: you every night, a very seldom call, but you always
Speaker 5: put a positive spin on everythinging. I certainly appreciate that.
Speaker 2: Well. Let me let me just say this to if
Speaker 2: I could, and that is that I try to be
Speaker 2: positive I think it's better to be positive than negative.
Speaker 2: At the same time, you kind of ignore reality. And
Speaker 2: this week was a tough week for the stock market.
Speaker 2: There's just no doubt about it. I think that if
Speaker 2: I had been a lot smarter and maybe other people
Speaker 2: would have said, you know, the time to bail. But
Speaker 2: but one thing that I've always felt is you can't
Speaker 2: time the stock market. So if you decide to bail
Speaker 2: out of the stock market, that's that's the week where
Speaker 2: you know, two weeks that will have gone up. So
Speaker 2: let's see, let's see how let's see how this with
Speaker 2: this ride takes us. You know, I feel badly for
Speaker 2: young people who are just getting into the market, maybe
Speaker 2: have ten or fifteen thousand dollars in the market, and
Speaker 2: have lost twenty percent in the last few days, last
Speaker 2: two days. I just hope that they have the courage
Speaker 2: to hold on because because they reach the.
Speaker 5: Sun is that way up? Yeah, okay, you can, but
Speaker 5: I'll giving a spend. I've told him how I got
Speaker 5: my retirement can built up. It was it was through
Speaker 5: shifting things back and forth. And we've had some bad times,
Speaker 5: I had some good times, and you and I have
Speaker 5: about the same age groups. We understand each other.
Speaker 2: Yeah, so we're both at you and I both in
Speaker 2: our late twenties or early thirties, I would suspect, right,
Speaker 2: So yeah.
Speaker 5: You'll get exactly Craig almost been four dicks. Okay, Yeah,
Speaker 5: well look, thank you, thank you even thank you for
Speaker 5: making things positive.
Speaker 2: Well, thank you for calling. I really do appreciate. I
Speaker 2: think a lot of people are hunking down tonight. I'm
Speaker 2: going to try to have a real positive eleven o'clock hour.
Speaker 2: We'll see how we do. I got one more call
Speaker 2: coming in from a little more south for you. I
Speaker 2: get David Mississippi coming up. Thanks to thank you. Thanks,
Speaker 2: that's a good weekend, and keep calling. Call more off
Speaker 2: and I like your attitude too. Davis in Mississippi. Dave,
Speaker 2: welcome back. How are you, sirving?
Speaker 10: It's d Davy and Mississippi.
Speaker 2: Where I've been? Great? Where have you been?
Speaker 10: You're not gonna believe where I am? Can you feel
Speaker 10: the Jedi forest right now?
Speaker 5: Dan?
Speaker 10: Can you feel it?
Speaker 2: I have no clue. I wouldn't even try to guess
Speaker 2: where are you I am in.
Speaker 10: I'm under a bridge. I'm gonna tunnel somewhere in your
Speaker 10: town and I've got ten thirty on my ten thirties
Speaker 10: on my rental car, and I'm just stuck in a
Speaker 10: traffic jam right now.
Speaker 2: But if you're in Boston.
Speaker 10: I'm in Boston.
Speaker 2: What brings you to Boston?
Speaker 10: A little work of work brought me there. But what's
Speaker 10: kind of funny is I came out of retirement a
Speaker 10: little bit. Then I did a little work, and then
Speaker 10: I'll get back. But what's interesting is me living in
Speaker 10: Illinois now. The Cardinals came to town today and you
Speaker 10: guys put a whooping to them today.
Speaker 5: This was that was it.
Speaker 10: And I didn't watch the game. I watched the highlights
Speaker 10: and my neck got sourcing that those balls fly out
Speaker 10: of that stadium today.
Speaker 2: Yeah, but the Cardinals, of you know, there's a couple
Speaker 2: of games left. Unfortunately, the weather today was wonderful. It's
Speaker 2: not supposed to be all that good tomorrow or Sunday,
Speaker 2: so we'll see if well, well they will try because obviously,
Speaker 2: as a National League team, the Cardinals come into Boston,
Speaker 2: you know, they only come in every two or three
Speaker 2: years now, and so it's not like that it's an
Speaker 2: American League team where you could make it up with
Speaker 2: a day night doubleheaded later in the year, you really
Speaker 2: got to worry about getting them back here. So they
Speaker 2: will try their best, yeah, to get these games in.
Speaker 2: And I would suspect that. I don't know where you're
Speaker 2: going to be in Boston, but if you get yourself
Speaker 2: over the ballpark tomorrow, you could probably you know, buy
Speaker 2: a ticket or get in and be careful because the
Speaker 2: scalpers will be out. You know, the Red Sox are
Speaker 2: real popular.
Speaker 10: Pot me out if I had a Cardinal shirt on
Speaker 10: or a Yankee shirt.
Speaker 2: No, no, no, no, we treat we treat fans of
Speaker 2: other teams.
Speaker 10: Well, how have you been, I've been worried. I was,
Speaker 10: I was and listened for a while. I got on tonight,
Speaker 10: I was like, I was hoping that you pick up.
Speaker 10: I want to say hi to my buddy Mike and Nashville.
Speaker 10: He's he's still he's still kicking it hard, pretty hard
Speaker 10: down in Nashville. And I've just been popping in here
Speaker 10: and I was down in the theater district tonight. So
Speaker 10: it's a beautiful area. Beautiful Yeah there.
Speaker 2: Yes, yes it is. I wish I had known ahead
Speaker 2: of time. I would have said to you, we'll get
Speaker 2: together and grab a beer some night. So next time,
Speaker 2: if you come back to Boston, next time, you give
Speaker 2: me a call ahead of time, I'll go to You're
Speaker 2: gonna have Rob give you my direct line, my direct number,
Speaker 2: so you know, I don't know if your work is
Speaker 2: going to bring you up here on a regular basis,
Speaker 2: but oh sure, take a little bit of notice. We can.
Speaker 2: We can at a minimum grab beer or grab a
Speaker 2: lunch or something. So you hang in there, Dan, hang
Speaker 2: in there, don't hang up. Rob will give you my number,
Speaker 2: and I hope you stay with us for the rest
Speaker 2: of the night. We got one more hour to go.
Speaker 2: It is the It is the twentieth hour of the week,
Speaker 2: the eleven o'clock hour on Friday night. I think everyone
Speaker 2: knows that the eleven o'clock hour is an hour that
Speaker 2: we try to do something positive, and we will. We're
Speaker 2: gonna ask thank you to tell me something good that
Speaker 2: happened to you this week or this month, whatever. Let's
Speaker 2: get positive. If you've called during the week, everybody has
Speaker 2: a hall pass for the eleven o'clock hour on Friday night.
Speaker 2: My name's Dan Ray. We'll do a recap of our weekend.
Speaker 2: We'll get right to some positive stories. They can be
Speaker 2: personal stories. That's what we're talking about. My name's Dan Ray.
Speaker 2: This is night Side. Be right back right after the
Speaker 2: eleven o'clock news