Episode 26- What Just Happened? Why October Surprised Everyone
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What if everything you thought you knew about October in the markets was wrong? In this episode, Wheeler and Colin dig into the so-called “October Effect” — why history says it’s a bad month for investors, and why this year flipped that narrative on its head. From the 1907 panic to 2008’s crash, they trace how superstition and seasonality shape investor psychology far more than we realize.
Then, the conversation pivots to what’s really driving today’s markets: a record $7.4 trillion sitting in money market accounts, historic highs in the NASDAQ, and why volatility isn’t always the enemy. The hosts unpack why risk is back on, what breadth expansion means for the health of the bull market, and how professional managers are scrambling to catch up before year-end.
Finally, Wheeler and Colin explore the deeper ripple effects beyond Wall Street — from sweeping layoffs to the shrinking value of a college degree, the rise of AI in white-collar work, and how Americans are redefining what “work” even means. It’s a conversation that moves from macroeconomics to mindset — and might just change how you look at your own career path.
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Credits:
Created By: Wheeler Crowley and Colin Walker
Production Assistance: Tori Rothwell
Editing and Post-Production: Steven Sims
26 episodes