This Time Is Different

Is The Market Too Hot To Trust?


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Elon Musk says SpaceX could hit $1 trillion in revenue by 2030, a fifteen-fold jump from 2027 estimates. Parts of the market feel like they're on fire. So where does a long-term bull actually put money when they don't want to chase 40%-in-a-week moves? 

Ricky Mulvey and Malcolm Ethridge discuss:

  • The REITs they're using as cover in an overheated market — cold storage, data centers, and class-A office — and Malcolm's "what's the yield" test for every one of them.

  • Why "fiduciary" might not mean what you think, and how to tell a real one from a salesperson.

  • State Farm's plan to cut agent pay and lean on AI, and what it signals about white-collar work.

  • Why Gen Z is trading like the system is rigged, and whether they're wrong.

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    Hosts: Ricky Mulvey, Malcolm Ethridge 

    Engineer: Tim Sparks


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    This Time Is DifferentBy Malcolm Ethridge and Ricky Mulvey

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