Simon discusses how stocks may have left the "waterfall" phase and entered the typical back-and-forth "grinding" period of a challenging market that will require patience, discipline and selectivity. From a macro-economic perspective, he urges investors to focus on the health of the jobs market above all else. He discusses Warren Buffet's stepping down as CEO at Berkshire Hathaway and how to think about his replacement and the stock overall. He also comments on the latest earnings reports from MSFT, META, GOOGL, AAPL, UBER and ABBV.
WIG Stocks Covered, BRKB, MSFT, META, GOOGL, AAPL, UBER, ABBV
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