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…

Animal Spirits: The 1990s Really Were Better

On today’s show we discuss an unbelievable run for the stock market, diversification vs. hedging, an unprecedented surge in household wealth, the new normal of negativity, some nostalgia for the 1990s, the stock market doesn’t care who the president is, 100% yields, when to ask for an early inheritance, how to crack an egg correctly and much more.

Talk Your Book: Yield at What Cost?

On today’s show, we are joined by Jonathan Molchan, Managing Partner at STF Management to discuss how the trend following rules work, issues with traditional call option writing strategies, trend following performance through different cycles, and much more.