We start this week by looking at perma-bear prognosticators and on the flip side, the excitement and danger behind the hype of the “next big industry”. And staying on winners and losers, we’ll examine UPS drivers, the decline in petroleum interest, and Phil Mickelson’s eye-opening bets. We will, of course, finish with our weekly inflation update.
Key Takeaways
[00:17] - The doom-and-gloom-ers are back[07:49] - The winners and losers of darling tech companies[12:50] - It’s a good time to be a UPS driver[13:50] - While oil is up, undergrad interest is way down[18:31] - Phil Mickelson’s bets[21:06] - What’s driving the decline in inflation?John Hussman predicts extreme bubble in stocks will end in tearsWeWork - from $47 billion to $270 millionNVDA joins 99 companies with the highest P/S multiple within the 500 largest stocksFrom Apple to Amazon, the staggering cash-on-hand numbersFull-time UPS drivers will earn $170,000 a year, on average, in new contractUndergrad enrollment in petroleum engineering down 75% over the past 10 yearsVanguard Energy ETFSince 1995, US Airfares have increased 29% on a nominal basis but have actually declined 36% after adjusting for inflationNew book alleges Phil Mickelson wagered over $1 billion, tried to bet on Ryder CupUS CPI has moved down from a peak of 9.1% in June 2022 to 3.2% todayThe demand for mortgages has evaporatedDoug StokesGreg StokesStokes Family Office
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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.