Stokes’ Managing Partners start by revisiting a point from last week’s episode on down and sideways markets and whether they’re bullish or bearish on a go-forward basis. They’ll also join the discourse on the debt ceiling bill, look at the beginnings of what could be the era of AI, and continue the weekly Fed conversation.

Key Takeaways

Links

Connect with our hosts

Subscribe and stay in touch

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.

Before we head into the holiday weekend, Greg and Doug Stokes discuss why and how so much has happened over the last two years with very little market movement. They also talk about the possibility of a bull market quietly brewing during this time of consolidation and finish with a recap of Greg’s trip across the pond. 

Key Takeaways

Links

Connect with our hosts

Subscribe and stay in touch

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.

Doug and Greg start this week by noting a pod prediction that came true in regard to the latest CPI/inflation numbers. They also look at current and past S&P 500 top 10 holdings to answer a hypothetical investment question on diversification vs. the big tech stalwarts. Finally, they prepare for the ramifications of the debt ceiling debate, check in on Russia/Ukraine, and look back at the results of the student debt moratorium.

Key Takeaways

Links

Connect with our hosts

Subscribe and stay in touch

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.

The Stokes Brothers are back this week to discuss their favorite topic, the Federal Reserve. They question the Fed’s decision to raise rates again, look at the latest bank failure, and examine how these occurrences may slow down the economy. 

Key Takeaways

Links

Connect with our hosts

Subscribe and stay in touch

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.

This week, the guys are joined by a very special guest. Steve Lane is the author of Mickey Mantle: A Life In Memorabilia which chronicles the life and career of Mickey Mantle through the items in Steve’s extensive collection. They discuss his incredible Mantle items and how sports cards and memorabilia have now become a legitimate investment vehicle in what Steve calls the art of the 21st century.

Key Takeaways

Links

Connect with our hosts

Subscribe and stay in touch

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.

After a Spring Break vacation, the guys are back in the studio to catch you up on all the financial happenings around the globe. They discuss how remote work and office space vacancies are affecting the commercial real estate market, how the residential market fluctuates wildly from coast to coast, and why we should be optimistic despite continuing recession rumblings. 

The Stokes Brothers pick apart negative headlines we are seeing despite coming out of a positive first quarter. They also discuss the resurgence of Bitcoin, the emergence of AI, the effects of an aging population, and of course…the Federal Reserve.

Key Takeaways

Links

Connect with our hosts

Subscribe and stay in touch

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.

The guys take a look back at a crazy 1st quarter that has shown the market’s resilience. They discuss where the banking industry goes from here, how commercial real estate could factor into that, and how this first quarter was a classic example of why you stay invested in an equity portfolio through thick and thin.

Key Takeaways

Quotes

“So this is that classic wall of worry. Essentially the saying goes that a bull market is built on a wall of worry, meaning that generally the people that are optimistic about markets turn a blind eye to the headline risk and continue to invest and buy and average into markets during times of turmoil are generally rewarded. This first quarter is a classic example of that.” - Doug Stokes

“Over the short term, markets are a voting machine, and over the long term, they're a weighing machine.”  - Ben Graham

Links

Connect with our hosts

Subscribe and stay in touch

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.

The guys once again turn their attention to Jerome Powell, Janet Yellen, and what the Fed will do in the wake of the recent bank failures. They dive into the global effects of those collapses including what happened with Credit Suisse and then look at what we can learn from the cyclical nature of human behavior.

Key Takeaways

Quotes

“Banks are not going to want to loan in this environment with the fear that people may have a run on their bank too. They may be the next dominant fall. Lending is just going to be a little bit more stringent in this environment, which curbs economic growth because we're a credit-based society; businesses [and individuals] borrow money to invest and grow.” - Doug Stokes

“Just from a macro standpoint, even though it was absolutely a bailout in terms of those two bank failures, the system on the whole would have really experienced a lot of stress. So even though it was a bailout, I think it probably was necessary to avert a bigger crisis.”  - Greg Stokes

Links

Connect with our hosts

Subscribe and stay in touch

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.

No doubt, you’ve heard about the collapse of Silicon Valley Bank. But do you know how it happened? Or why? Greg and Doug Stokes give these answers and more about how the government stepped in and what the biggest bank crash since 2008 means for the economy moving forward.

Key Takeaways

Quotes

“This all just leads me to believe that a prudent strategic asset allocation approach and not trying to jump in and out is even more important nowadays because It seems like information, as quickly as it gets across the wires, prices move so quickly that somebody attempting to jump in and out of the market and saying, ‘look, I'm going to take a break until things settle down.’ It's almost impossible to do that nowadays because everything just bounces around so quickly.” - Doug Stokes

“It seems as of now, that things have chilled out, and the markets are positive now that CPI numbers have come out. But the interesting thing is what the Fed does. In terms of raising rates, they raise until something breaks, is the saying. And obviously, something broke.”  - Greg Stokes

Links

Connect with our hosts

Subscribe and stay in touch

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.