Episodes

After seeing a 10% correction, the markets are knocking on the door again near record levels. It's never boring, and that’s why we love these weekly dialogues with you. We’ll also chat about what Chevron’s new drilling tech, the Super Bowl, and hurricanes mean for our local economy, and we’ll end —as we seemingly always do—with where we think rates are going. Key Takeaways [00:18] - Walmart, Amazon, AI + what the data is saying about a recession [06:24] - Chevron rolls out new drilling tech +...

What a week! Morgan Housel called this the biggest market decline since the last one you don't remember or care about. With talk of a flash crash happening and a recession looming, we’ll look at how Warren Buffet, Apple, and Japanese Yen played into a crazy ride over the past few days. We’ll also discuss historical market corrections and how the labor market has constantly evolved throughout history. Key Takeaways [00:18] - Let’s recap a crazy week [08:03] - What history says about market cor...

There is a lot happening! Doug and Greg are back solo this week to talk about the markets. We’ll examine the affordability and performance of stocks outside of the Magnificent Seven. We’ll also look at AI and ask if the bubble has peaked and when can we expect to see a return on the massive investment. We’ll finish with a future-facing eye on a potential Kamala Harris tax agenda and why you should not let political beliefs/changes influence your long-term investment strategy. Key Takeaways [00...

We’re pleased to welcome Jordan Strebeck, Co-Founder and Managing Partner of Fortress Energy, to the Lagniappe Podcast. Jordan walks us through his background, from New Mexico to Harvard to Midland, and why he chose to focus on minerals. We’ll talk about how technology and technique have changed the Permian Basin and the energy sector as a whole and discuss ESG, a narrative shift in the oil and gas industry, and what the U.S. needs to do to keep progressing as a global energy leader. Key Takeaw...

We sat down for a fascinating conversation with Permanent Equity Founder and CEO, Brent Beshore. Brent is a pioneer in the micro private equity space so we loved picking his brain on how/why he created PE’s unique model, their risks/competition, how he finds businesses, and where he sees the private equity industry heading over the next 10 years. Key Takeaways [00:17] - Getting to know Brent Beshore [05:10] - Who is Permanent Equity and why is their model so unique? [10:23] - What’s the one ...

Happy Independence Day to you and your family. To commemorate the holiday, we’ll share what America means to us and reflect on how good we’ve got it. On the flip side, we’ll look at the aftermath of last week’s debate and the odds on what happens next. We’ll also discuss our expectations for rate cuts and the economic impact of Ozempic-like drugs. Key Takeaways [03:17] - Fallout from the disaster of last week’s debate [09:04] - How fixed income relates to inflation [11:42] - Our logical expe...

It’s debate day in America! We’ll mark the occasion by examining election predictions and what either result could mean for the economy. We’ll also discuss American strength/resilience and why the data says we’re not in a debt doom spiral. We’ll finish with a Roger Federer mindset as we look under the financial hood and find long-term optimism. Key Takeaways [00:17] - On debate day, we look at what the election could mean financially [09:50] - America and American families keep prevailing/thr...

This episode is all about where we are vs. where we thought we’d be as we near halftime of 2024. Are we surprised by no rate cuts? Could a bullish real estate environment be on the horizon? Why isn’t there more news/outcry over the bond markets? We’ll look back to answer these questions and look ahead to the buzz of big sporting events and elections coming soon. Key Takeaways [00:17] - Looking back at the first half of 2024 [07:04] - They will they/won’t they rate cut convo [12:50] - The rea...

As volatility returns to regional banking, we’ll look at what the markets are telling us about the probability of a soft landing. We then say goodbye to Siri and hello to Apple’s new AI features and discuss the ins and outs of NVIDIA’s stock split. Key Takeaways [00:18] - PIMCO says more regional bank failures on property are expected [04:51] - Banking strategy and economic growth post-Financial Crisis [12:37] - What is the market saying about the chances of a soft landing? [17:34] - ...

As economic data continues to show softness, we predict what that means for rate cuts potentially coming this summer. We’ll look at oil prices and discuss why whether you’re making business or vacation plans, the stability of prices is so important across the economy. Plus, airline travel and car sales are back! Key Takeaways [00:18] - Is the economy telling us that rate cuts are coming? [05:01] - The tailwinds from dropping oil prices [11:26] - Do higher rates add to inflation? [17:50] - T...

NVIDIA is officially the financial story of the year so far, and we’ll look at what it means for the economy as a whole and the future of AI. And with advancements in tech, we’ll examine how that affects data usage and why commodities, not technology, might be the discussion point for the next decade. Key Takeaways [00:17] - NVIDIA is the story of the year [05:12] - Is NVIDIA the Cisco of today? [10:50] - The trial and error of AI [15:42] - Energy usage today + a commodity supercyle incomin...

As we head into Memorial Day Weekend, we’ll touch on some of the biggest headlines including Trump’s Media company woes and an endless shrimp promotion leading to bankruptcy for Red Lobster. And with the bears dropping out of the conversation, we’ll look at forecast grades for industry experts and how long-term optimism plays into the equation. Key Takeaways [03:25] - Trump Media hardships [06:37] - Red Lobster and the Endless Shrimp Investigation [09:52] - The business of weight loss [12:4...

As markets hit all-time highs again, we’ll look at shelter being the key driver of inflation. We’ll also touch on Roaring Kitty, meme stocks, and why you can’t gamble on the markets. We’ll finish with the Scottie Scheffler story and take a look at the future of EVs and fossil fuel consumption. Key Takeaways [02:41] - Shelter continues to be the main inflation driver [08:05] - Who is Roaring Kitty + gambling on the markets [12:48] - Scottie Scheffler arrest story [15:27] - The decline of Bir...

We jump into a conversation we recently had about the inverted yield curve and what it means as a recessionary signal plus, why the charlatans and doom-and-gloomers continue to pop up. We’ll then take a trip down memory lane, via stats and stories, about what investing was like in the early 2000s and what it’s like at all-time highs. We’ll finish with a reminder that although the short term can feel long, it’s important to contextualize and focus on the long term. Key Takeaways [00:18] - The i...

As earnings and economic growth deliver above expectations, the market is digesting new information from Jerome Powell and the Fed that rate cuts aren’t coming soon. We’ll look back at the last 30 years of returns and ahead to the next 10 years of prices, discuss offshoring jobs, and give bond market and inflation updates. Key Takeaways [00:19] - Fed Day breakdown [05:07] - April brought a much-needed market reset [09:16] - Looking back at the last 30 years' returns + what to expect over the...

It’s peak season in Nola with Jazz Fest, the Zurich Classic, the Pels in the Playoffs, and town is buzzing. We’ll zoom out to examine what all that spending means for the national economy. We’ll also look at wide-breadth market participation and why despite a sell-off in tech, the rest of the market is holding up well. We finish with a rearview mirror view of COVID-era oil prices, how we missed a recession, and what we’re expecting for the rest of this year. Key Takeaways [00:20] - Fun times i...

While the debt doomers circle, we’ll examine why no one is good at forecasting and why widely acceptable notions of cross-asset correlations are wrong. We’ll also focus on the market's strengths and discuss the incredible power of America’s dollar, wages, and efficient energy output. Key Takeaways [00:17] - Inflation Update + shelter’s outsized effect [06:33] - Disinflation + the debt-doom loop [09:40] - The power of the US: the Dollar, our wages, energy production [13:36] - The incredible ...

New CPI data is here, and the economy continues to run hotter than the market was expecting. What does that mean for the Fed cuts we’ve been talking so much about? And are we now in a position to be more accommodative if the market does stall? All of that, plus global parenting trends and our hopes for Tiger at Augusta. Key Takeaways [00:17] - CPI Day + Will they or won’t they make cuts? [05:20] - The inflationary impacts of insurance costs [11:24] - Trump’s SPAC & the return of meme/bitcoin...

We’ll react to Jerome Powell’s post-Quarter 1 comments and look at inflation and the economy related to oil/gas, real estate, and commodities prices. We’ll then look at strong financial numbers coming out of Mexico and prognosticate what a bright future could look like with our Southern neighbors as a main manufacturing partner. We’ll finish by joining the national narrative on Caitlin Clark, LSU, and the rise of women’s hoops. Key Takeaways [00:17] - A big picture view after quarter 1 [06:35...

We’ll start with the flurry of current event news, from the Baltimore Bridge to Trump’s new SPAC. We’ll then look at the FOMO effect of positive markets and discuss how long-term holds can be a time-tested tool to grow your wealth. Key Takeaways [00:17] - Trump’s Truth Social SPAC [03:53] - Baltimore bridge tragedy [08:00] - Historic data after 5-month wins streaks & the start of bear markets [11:23] - Wealth creation through long-term holds [17:26] - Financial conditions and American ener...

We’re beginning to sound like a broken record as we record each week coming off more market highs. We’ll discuss how Crypto has roared back after making it through multiple speculative cycles. We’ll also review the positivity that comes with broader market participation. We’ll then examine why you can’t have the debt conversation without also looking at assets and end with the effect of inflation on America’s housing market. Key Takeaways [00:17] - One of history’s longest bull runs continues ...

With the markets at all-time highs and earnings rising in tandem, we’ll look at why and how the narrative changed so drastically over the last 6 months. Plus, we’ll discuss recession risks being taken off the table with commercial real estate rebounding and the Fed having lots of room to make cuts. Key Takeaways [00:17] - One of the greatest 19-week rallies ever [02:12] - The recession narrative has changed over the last 6 months [06:27] - Earnings growth of the S&P 500 [12:30] - Rebounding...

This week, we’ll start with the latest jobs report and examine NVIDIA’s wild ride over the last two weeks. We’ll then discuss troubles with Apple and the airline industry and address concerns that the Fed will lower rates too late. We’ll wrap up with a look at this bull market cycle and how a healthy correction could take place. Key Takeaways [00:17] - Jobs and NVIDIA’s last 15 days [04:10] - Apple’s woes and Google's comparison [10:11] - Troubles in the Airline Industry [11:50] - Costco an...

We’re coming off of another good market month. Bitcoin is back. People can’t get enough AI stocks. Vibes are high, and we’ll look into why that’s the case. We’ll then discuss how/why we should hedge that optimism with historical data and end with updates on the electric vehicle and bond markets. Key Takeaways [00:16] - The risk appetite has returned [04:52] - Why are the vibes the way they are right now? [09:09] - Hedging optimism [13:15] - Mania in the EV sector [18:42] - Bon...