Lagniappe

Diversification Works


Listen Later

In a week of sharp decline, we’ll discuss why market corrections are not unusual, volatility is expected, and diversified long-term strategies are key to managing risk. We’ll also talk about the recession narrative, analyze inflation/rate trends, and look at what levers the Fed can pull. We wrap up with a conversation on government efficiency initiatives and what they mean for the job market and the private sector.



Key Takeaways

  • [01:10] - Understanding market corrections
  • [05:47] - Recession narratives and what the Fed can do
  • [10:16] - Diversification works
  • [11:52] - Updated outlook on inflation and rates
  • [16:00] - Eliminating gov’t spending + reallocating to the private sector
  • [21:06] - Musk, Tesla, and Magnificent 7 performance



  • View Transcript




    Links

    • JP Morgan: Average intra-year decline = ~14%
    • Historic S&P 500 corrections since 1965
    • Fastest market corrections since 1950
    • Market-implied US recession probability in the next year.. 20%
    • 25% of jobs added in the US economy over the past two years were government jobs, up from 5% in 2021 and 7% in 2022
    • Unemployment filings up 15% in DMV


    • Connect with our hosts

      • Doug Stokes
      • Greg Stokes
      • Stokes Family Office

      • Subscribe and stay in touch

        • Apple Podcasts
        • Spotify
        • Google Podcasts
        • lagniappe.stokesfamilyoffice.com

        • Disclosure

          The information in this podcast is educational and general in nature and does not take into consideration the listener's personal circumstances. Therefore, it is not intended to be a substitute for specific, individualized financial, legal, or tax advice. To determine which strategies or investments may be suitable for you, consult the appropriate, qualified professional prior to making a final decision.


          Different types of investments involve varying degrees of risk. Therefore, it should not be assumed that future performance of any specific investment or investment strategy (including the investments and/or investment strategies referenced in our blogs/podcasts) or any other investment and/or non-investment-related content or services will be profitable, equal any historical performance level(s), be suitable or appropriate for a reader/listener’s individual situation, or prove successful. Moreover, no portion of the blog/podcast content should be construed as a substitute for individual advice or services from the financial professional(s) of a reader/listener’s choosing, including Stokes Family, LLC, a registered investment adviser with the SEC, with which the blogger/podcasters are affiliated.

          ...more
          View all episodesView all episodes
          Download on the App Store

          LagniappeBy Stokes Family Office

          • 4.9
          • 4.9
          • 4.9
          • 4.9
          • 4.9

          4.9

          35 ratings


          More shows like Lagniappe

          View all
          Stuff You Should Know by iHeartPodcasts

          Stuff You Should Know

          78,252 Listeners

          The Bill Simmons Podcast by The Ringer

          The Bill Simmons Podcast

          30,224 Listeners

          Odd Lots by Bloomberg

          Odd Lots

          1,890 Listeners

          Pardon My Take by Barstool Sports

          Pardon My Take

          82,120 Listeners

          Pod Save America by Crooked Media

          Pod Save America

          87,483 Listeners

          The Daily by The New York Times

          The Daily

          112,597 Listeners

          Cover 3 College Football by CBS Sports, College Football, Football, CFB, College Football Picks

          Cover 3 College Football

          4,153 Listeners

          Animal Spirits Podcast by The Compound

          Animal Spirits Podcast

          2,015 Listeners

          The Compound and Friends by The Compound

          The Compound and Friends

          2,113 Listeners

          SVPod by ESPN, Omaha Productions, Scott Van Pelt

          SVPod

          1,795 Listeners

          All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

          All-In with Chamath, Jason, Sacks & Friedberg

          9,911 Listeners

          Ask The Compound by The Compound

          Ask The Compound

          319 Listeners