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This is Scott Becker with the Becker Business and the Becker Private Equity Podcast. Today's discussion is the markets give and they take. So here's the discussion. Last week was a week where the markets slapped us in the face and took from us. The Nasdaq down more than 4%, the S&P down more than 2%. One of the worst weeks in a while. And that was really based on three different things. Artificial intelligence stocks and situations struggling the peace in Iran with the US being very fragile as that went sideways and then third, inflation going in the wrong direction today, the markets are bouncing back a little bit. We're here on Monday, June 29. We'll see if that lasts. But the markets are bouncing back a little bit. They're up. The NASDAQ's up about a percentage point today. The s p about 0.6% point, you know, and we'll see if that lasts throughout the day. They were up more earlier and that's based on sort of the US and Iran simmering back to sort of a ceasefire, at least some. But in the good news front, a really good news front is Lebanon and Israel actually signed a framework for a peace treaty which is long overdue. And we could discuss that on a separate podcast. The history of Lebanon and the sort of anti versus pro Iran forces there. Hezbollah coming into the country and Iran coming into the country and the Lebanese people not really being pro Hezbollah and so forth, and the very challenging internal detente they've maintained in Lebanon for a long time. But a fascinating, fascinating situation. And good news to see that move in the right direction, at least between Israel and Lebanon. The last thing I'll mention is Google and each Google and Nvidia got crushed last week, each down about 8% Thursday, Friday. And that leaves Nvidia up just 3% year to date and Google up 6% year to date, which is far different than the upward surges that we're having earlier this year. So fascinating to see that Nvidia is just up 3% year to date. Google Alphabet just up 6% year to date. But that's what we're watching today. The markets give, the markets take. We'll see how the day ends up today. Thank you for listening to the Becker Business, the Becker Private Equity podcast. We'll be back with you with a few more podcasts this week that the three things you got to do at work, the big desk story, and a lot more. Thank you for listening to the Becker Business and Becker Private Equity Podcast. Thank you.
Episode: The Markets Give & They Take
Host: Scott Becker
Date: June 29, 2026
In this concise episode, Scott Becker reflects on the volatile nature of the financial markets, highlighting the previous week's significant downturns in tech-heavy indices and attributing the changes to a mixture of economic, geopolitical, and sector-specific events. Becker also touches on positive developments in Middle Eastern peace efforts and offers a quick state-of-the-markets update as of the recording day.
On Market Volatility:
“Last week was a week where the markets slapped us in the face and took from us.” — Scott Becker (00:36)
On the shifting news cycle:
“Today, the markets are bouncing back a little bit… We’ll see if that lasts throughout the day.” — Scott Becker (01:21)
On Middle East peace progress:
“A really good news front is Lebanon and Israel actually signed a framework for a peace treaty, which is long overdue.” — Scott Becker (01:40)
Regarding tech giants:
“Nvidia is just up 3% year to date. Google Alphabet just up 6% year to date. But that’s what we’re watching today. The markets give, the markets take.” — Scott Becker (02:38)
This episode offers a snapshot of a turbulent period in the financial markets, blending analytical insights with real-time market updates and observations on geopolitics. Scott Becker succinctly breaks down the major contributors to market instability and recovery, punctuating the discussion with updates on tech sector performance and Middle Eastern diplomacy. He maintains a pragmatic yet optimistic tone, promising further detailed business discussions in upcoming episodes.