Episode 391: Apple Intelligence, Trump & Musk, and Taxing Unrealized Capital Gains

In the first trading week of September, the S&P 500 fell 4.2%, the monthly jobs report showed the labor market added fewer jobs than expected, and weak manufacturing data led stocks to their worst day since early August. In episode 391, Jared discusses market volatility and economic data, as well as topics such as Apple’s AI selling point for its new generation of iPhones, Donald Trump’s proposed government efficiency commission headed by Elon Musk, and Kamala Harris’s idea to introduce a 25% minimum tax on total income (including unrealized capital gains) for individuals with wealth over $100 million.

Time stamps:

00:19 — Market Volatility and Economic Data
05:18 — Apple’s AI Feature and iPhone Sales
08:33 — Government Efficiency Commission Headed by Elon Musk
11:24 — Taxing Unrealized Capital Gains
18:09 — Private Equity Stocks
19:10 — Upcoming Release of NIGHT MOVES

Want more tools for a richer life?

  • If you currently have a 60/40 asset allocation, what you really have is a 60/40/0 asset allocation—no exposure to commodities. Get Jared’s take on the “coming commodities bull market” and how to invest in commodities here.
  • Challenge your thinking and learn how emotional decision-making can direct the markets with The Daily Dirtnap. Every morning, subscribers get Jared’s unconventional take on the markets, investor sentiment, and macro forces. Learn more here.

Want to hear more from Jared? Click here.

If you prefer to listen, you can do so here:

BE SMART Podcast

Own your life — instead of borrowing it or renting it

Money is hard to make, keep, and control— and almost everyone gets it wrong sometimes. Now, ex-Wall Street trader Jared Dillian and his co-host Cameron, are here to help you navigate your money and take control of your financial future.

Recent Episodes

Episode 391: Apple Intelligence, Trump & Musk, and Taxing Unrealized Capital Gains

September 12, 2024

In the first trading week of September, the S&P 500 fell 4.2%, the monthly jobs report showed the labor market added fewer jobs than expected, and...

Listen more»

Listen on Your Favorite Podcast App!

4.9 Out of 5 Star Reviews!

Solid financial advice

Jared has a way of weaving together advice and life stories to help you make good financial decisions and make you laugh at the same time!

Get Smart

Great insights into current events and the financial implications involved. Be Smart makes you a smarter person and investor.

Be Smart Podcast

Great use of 30 min each week. Gives great financial advice much more realistic than Dave Ramsey.

Good, not enough of it.

Great podcast, good information and humor. He’s a straight shooter and gives solid advice.

To the point without economic BS

Raw and on point with entertaining sarcasm.

Worth your time

One of the few professionals worth listening to.

Fantastic!

Jared is a rarity—incredibly insightful and informed in all facets of the financial markets and personal finance, yet extremely entertaining!

This guy is smart! Learning a ton

Big fan of these short 10‒20-minute lessons on money and life. Relatable if you make $50K or $500K a year. Wish I would have found this one sooner.

This podcast is phenomenal

Sometimes the truth is harsh. What makes this show so unique is that Jared embraces this mantra and tells you exactly how it is.

What a goldmine

I just discovered this show and it’s my new favorite. I love Jared Dillan’s writing and investment guidance, and these podcasts are now adding even more pearls of wisdom.

Love this guy

Jared has got a rare authenticity that cuts through the minutiae.

Awesome Pod! Great Therapy!

As a career investment advisor, I listen to Dillian to relax and keep my head from exploding.

On point

Outstanding, informative, and entertaining.

Entertaining and informative

Love the info which is spot on and delivery is great!

Great content

Great listen, great insight… A++

Great Podcast

Excellent content and entertaining. Thank you

Recent Episodes

Listen more»