November 10, 2023

The Earnings Cycle Continues to Improve

28 minutes

After a volatile, but positive past week, we’ll discuss comments from Jerome Powell and how the Fed continues to drive the markets while earnings continue to grow. We’ll also reexamine fearmongering prognostications and provide context around the headlines on surging debt.

Key Takeaways

[00:17] - How the Fed continues to be the market driver

[06:15] - Why some of the most interest rate-sensitive sectors have done the best this year

[10:05] - Earnings per share for the S&P 500

[13:23] - Prospective returns for a diversified, 60/40 portfolio

[17:01] - How much should you read into headlines on surging debt?

[21:11] - Looking back at oil price and market crash prognostications

[24:51] - News roundup featuring Belichick, Biden, Bankman-Fried, and Bridgewater

Links

Treasury’s $24 billion 30-year bond auction goes poorly

82% of S&P 500 beat Q3 estimates by an average of 7.61%

Buffett says rising interest rates are gravity to asset prices

A short history of the 60/40 portfolio

U.S. credit card debt reaches $1.08 trillion

The crash callers won’t save you

Connect with our hosts

Doug Stokes

Greg Stokes

Stokes 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.

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