On today’s show we discuss stock market concentration worries, how to hedge AI market risk, maxing out your 401k, who got richer this decade, AI is crowding out the economy, tariffs didn’t work, higher rates are crushing the housing market, why people love parlays and longshot bets, Rotten Tomatoes inflation and more.

Today’s Talk Your Book is brought to you by JP Morgan: To learn more about the JPMorgan Strategic Income Opportunities Fund click here: https://am.jpmorgan.com/us/en/asset-management/adv/products/jpmorgan-strategic-income-opportunities-fund-i-4812a4351 On today’s show, we discuss: JSOSX as a benchmark free fund, and the additional flexibility as a result Why avoiding duration risk has been the right call for the last five…

On today’s show we discuss what can stop the hyperscalers from spending, why the stock market is neat all-time highs again, speedball capitalism, how capex cycles work, it’s a high beta decade, how to lie with statistics, young people are going to be fine, the top 0.1% is really rich, the problem with getting rich young, private markets are overvalued, no more dinner parties and more.

On today’s Talk Your Book we speak with Jerry Baglien from Benefit Street Partners about investing in real estate, higher mortgage rates, the office bear market, how higher rates impact returns and more.