S&P 500 Falls Into Corrective Territory, Down 10% From Jan. 26 High

The transcript discusses the implications of market corrections on the economy, highlighting the potential impact on Fed policy and inflation. It examines market volatility, referencing historical events like the Lehman Brothers collapse, and predicts future volatility ranges. The conversation also covers investment strategies, emphasizing the importance of understanding product risks, especially in volatile markets.

What fundamental rules does the speaker mention regarding investment products?

What advice does the speaker give regarding new investment products?