Talk Your Book: The Next Big Short

On today’s show, we are joined by Jared Dillian, Founder of Jared Dillian Money to discuss Jared’s bearishness on private equity, understanding the demand side of private equity, a private equity sentiment bubble, an explosion of HVAC private equity deals, and much more!

Animal Spirits: The Envy of the World

On today’s show we discuss stock market return expectations for the next decade, why there’s no euphoria, Nvidia is a unicorn, the American economy is unstoppable, millennials are richer than expected, sports gambling is coming for ETFs, how to buy a house right now, Netflix won, coaching youth sports and much more.

3% Stock Market Returns For the Next Decade?

The U.S. stock market has been on fire of late. But it doesn’t feel like we’ve entered the euphoric phase of investor psychology just yet. In fact, many prognosticators have been lowering expectations. Goldman Sachs put out a research piece that posits the S&P 500 could return just 3% annualized over the next 10 years…