Critiquing Forecasts, Praising Innovation

Doug and Greg begin this week’s episode with a critique of Jamie Dimon's forecasts regarding the bond market and financial predictions in general. They explore the rise of autonomous driving technology, the world-changing impact of American investment in innovation, and the influence of the political climate on markets and investment strategies.

Key Takeaways

• [0:18] - Our reactions to Jamie Dimon’s bond market hurricane prediction

• [04:50] - Forecasts are essentially worthless

• [07:31] - The autonomous driving revolution is here

• [10:27] - Magnificent 7 reinvesting cash flows with growth

• [15:27] - Political bias should not influence investment decisions.

• [18:02] - Market reaction to the new tax bill and Musk’s opposition

• [23:16] - Could weak economic data/jobless claims lead to fed rate cuts?

View Transcript

Links

• Jamie Dimon Says Crack in the Bond Market Is ‘Going to Happen’

• Over the last ~100 years, the stock market has been up 76% of the time over all rolling 12-month periods

• Barry Ritholtz Warns: Don't Mix Investing and Identity Politics

Connect with our hosts

• Doug Stokes

• Greg Stokes

• Stokes Family Office

Subscribe and stay in touch

• Apple Podcasts

• Spotify

• 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