The Wise Investor Show®: Recent Episodes
The Wise Investor Group®
The Wise Investor Show tackles the most important issues in the investment world today. Our hosts — some of the top advisors in the country — explore a wide range of recent events and trends to help you become a more informed financial decision-maker. Raymond James & Associates, Inc., Member New York Stock Exchange/SIPC. Content represents the opinions of the speaker and not necessarily those of Raymond James. Important Disclosure Information: http://raymondjames.com/smrja.htm 1950 Opportunity Way, Suite 950, Reston, VA 20190 571-430-7200
Simon discusses the violence underneath the surface as July witnessed some of the most significant dispersion in underlying stock market performance in recent memory. He highlights the correction in high flying, momentum stocks and how individual investors, in aggregate, appear to be underperforming the broad benchmarks this year. He also notes how company fundamentals are generally changing much less quickly than stock prices and that investors should understand the story behind the price! He reviews recent reports from LLY, AAPL and AMZN.
WIG Stocks: LLY, AAPL and AMZN
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
A deliberately opaque message from the Fed shakes the markets and draws down a premium from stocks, bonds, and the dollar. This week Chase looks at why there was such a big reaction to a meeting where nothing happened and looks through the inner workings of one of the world's largest energy companies.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon discusses how the market outwardly is experiencing average volatility but there is extreme dispersion at the sector and individual stock level between the surface. He highlights the risks of "momentum" investing and how proper diversification inherently means that parts of the portfolio may be underperforming for periods of time. He also talks about the extremely high bar for corporate earnings and how investors must understand the fundamentals and stories beyond the immediate share price reactions. He discusses recent reports from NFLX, GOOGL and DHR
WIG Names: GOOGL, NFLX, DHR, AAPL
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
In today's Wise Investor Show podcast, Senior Financial Planner Greg Smith discusses some of the ways you can either bypass the forced distribution from an IRA in 10 years for inheritors, or make it more palatable for you and your beneficiaries. With additional ideas in your hip pocket, you'll be better equipped to consider what path you want your IRA accounts to be on, and how you prefer your beneficiaries receive what you saved, invested and grew over the years.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results
Expectations from the latest Nato meeting as well as a collapse of the cease fire are driving energy prices higher and expectations for further defense spending. On this week's show, Chase looks at the forecasts for defense spending as well as an update for the rest of the year from one of the big Wall St firms, along with a look at a NOC and NFLX.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon does not know whether AI is a bubble or not but acknowledges the surge in retail trading, use of leverage and overall speculative appetite for pockets of the AI universe. Investors should be aware of the potential for extreme volatility in the space. At the same time, he notes the broadening of market performance in recent weeks, including the beleaguered Healthcare sector, which augurs well for overall market health. He then discusses some of the broader, secular trends to consider around GEV, VST, ETN, BRK.B and COST.
WIG Names: GEV, VST, ETN, BRK.B and COST
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results
The markets are seeing some volatility but largely storming ahead, and the leader's earnings are taking off along with a level of borrowing that's unmatched in history. On this week's show, Chase reflects on the tenure of Alan Greenspan at the Fed and how the challenges of his time reflect on today's economy.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon discusses the three dominant stories of the day: the Space Exploration Technologies (SpaceX) IPO, potential resolution in Iran, and comments from the new Federal Reserve chair. He stresses that markets are forward looking and investors must appreciate what has already been discounted in asset prices. He also cautions against trying to ride momentum, such is now with chip stocks, as other popular trades have faltered recently. He highlights recent news from AVGO and AAPL.
WIG Stocks: AVGO, AAPL
Non-WIG Names: SPCX
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
While the war vacillates from negotiation to trading blows, there's been a surprising moderation to energy prices, even though they're higher than before. On this week's show, Chase looks at what's holding oil back, how long might it last, and also what the effect of this bond market is on certain sectors.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon notes the strength of the recent rally but also how concentrated it has become in Technology. While a pause could be in store, the case is still favorable for continued gains given solid economic underpinnings, low levels of systemic financial stress and better than expected corporate earnings growth. He also considers whether higher interest rates should be considered a negative signal. He highlights VLTO and MKL as two out of favor names to consider in an AI-driven market.
WIG Names: VLTO, MKL
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
We're still having a great time at the party but it's after midnight. You gotta think about how you'll feel tomorrow and on this week's show, Chase looks at various published assumptions on forward returns, what the underlying economy is telling us, and considers if we need to avoid the risk of a hangover.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon focuses on the two major drivers of current market direction: AI spending and interest rates. He notes the historically narrow leadership of the rally since the late-March lows and how it has been concentrated in a small pool of AI-sensitive names. He compares to other investment bubble periods and times of narrow investor interest. He also reviews the spike in rates and correlation to stock market performance in an environment where corporate earnings growth is strong. Simon offers some thoughts on the latest news from NVDA, VST, COST and COF.
WIG Names: NVDA, VST, COST and COF
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Numerous market baseline estimates are still optimistic, while earnings forecasts are trying to catch up with results that have exceeded expectations. On this week's show, Chase looks through some of these estimates and contradictions within them that make a case for a more conservative stance than the pack.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon cautions against trying to draw a direct, cause and effect line between geopolitics, the economy and financial markets. He discusses how this market has turned up on better than expected first quarter corporate earnings, still record high profit margins and resilient AI-related spending. He notes that Technology is back in the drivers seat, but investors may want to consider out of favor sectors like Healthcare and Financials for opportunities. He highlights the latest earnings reports from AAPL, AMZN, UBER, GEV, ETN and V.
WIG stocks mentioned: AAPL, AMZN, UBER, GEV, ETN and V
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Last week's headlines rolled into this week, with oil making new highs, no improvement in the Persian Gulf, the Fed staying in neutral, but a bounty of earnings reports from some of the most influential companies in our economy. On this week's show, Chase reviews those results but also puts into perspective the impact of their spending and looks at evidence of where that spending may be paying off.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
In this episode of The Wise Investor Show, Matt Anderson, walks through some of the most common questions investors ask when navigating uncertainty. From concerns about Social Security, trusts, Roth conversions, and long term care insurance, to the timeless question of whether now is still a good time to invest, this episode focuses on how thoughtful planning and behavioral awareness can help investors make better decisions.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon places the March stock sell off, spike in oil, and rise in volatility in historical context. He reminds investors that geopolitical events tend to have limited shelf lives with respect to market impacts. He considers the recent rotation back into the Mag 7 and Technology and how many names were left historically cheap relative to their growth rates after recent weakness. Simon believes some previously expensive growth stocks could warrant more consideration going forward. He highlights recent news flow from ETN, WFC and JPM.
WIG Names: ETN, WFC, JPM
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
The markets staged a huge rally on Wednesday, as oil and interest rates dropped on the news that a ceasefire agreement with Iran is in place and hostilities may be drawing to an end. On this week's show, Chase looks at what also powered the scale of the rally, wonders about it's chances of success, and also reviews a major deal in the AI space.
WIG Stocks: AVGO, GOOGL
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
In today's Wise Investor Show, Certified Financial Planner® practitioner Greg Smith discusses ways to think about required minimum distributions (RMDs) beyond merely having to take out money from your IRA and pay taxes on them. Greg gives a primer on how one might become subject to RMDs, and identifies several strategies to consider implementing once you're subject to RMDs that could add additional value to your life.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon suggests investors suppress the impulse to buy too much into day-to-day headlines and to chase investment products that promise to either hedge war risks or profit from them. He frames the backdrop for oil, consumer spending, inflation, and the markets and what to look for going forward. As always, he suggests the trajectory of corporate earnings growth will ultimately be the most significant variable for investors. He highlights Uber and Capital One as relatively inexpensive ideas to consider.
WIG Names: UBER, COF
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
The markets and many risk assets continue to volatility as they adapt to the spikes In global oil prices but also take on the latest news from the Federal Reserve and developments in the AI economy. This week Chase looks at what trip wires the market may encounter in interest rates and challenges to earnings expectations, along with a key update on a bellwether company.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon discusses how oil prices have become the needle mover for virtually all asset classes across the globe as well as for key economic factors. The historical record concerning geopolitical events and oil shocks augurs for calm, but investors should expect meme-stock like volatility across their portfolios in the short term. He suggests that maintaining discipline is more important than trying to catch any short term trends that can easily reverse at any time. Simon also comments on some recent news from COST, UBER, AMZN and GOOGL.
WIG Stocks: COST, UBER, AMZN and GOOGL
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
War's erupted in the Middle East, sending the volatility in all the capital markets higher, with wild swings and money headed to the sidelines. Chase this week takes a look at the effects on oil, takes a guess at how long this will last (he has no clue) but also why it results in cheaper prices ahead, while also refocusing on the longer term trends that can benefit from today's news.
WIG Stocks: AVGO
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon comments on the proliferation of dystopian AI-related forecasts and cautions against succumbing to the fear of the unknown. He highlights the various phases of the AI wave from a market perspective - how investors are now considering violent disruption while trying to separate the "winners" from the "losers." Such rapid price adjustments could ultimately create opportunity among those unfairly punished. Simon also reviews some of the recent news flow from NVDA, DHR and AMZN.
WIG Names: NVDA. DHR, AMZN.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
In this episode, we break down the hidden psychological forces that influence your financial decisions — often without you realizing it. From loss aversion and overconfidence to anchoring and confirmation bias, you'll learn how these four major behavioral traps can derail even the best financial plan. We explore real-life examples, including how emotions take over during market volatility and how everyday choices — like selling a home or reacting to political news — get shaped by unconscious biases.
Most importantly, you'll walk away with practical tools to recognize these behaviors and build a decision-making system that protects your long-term goals.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon discusses the violent churn in the markets that includes rotation into "old economy" industries as well as significant AI disruption fear-related selling. The sustainability of the moves will likely depend on the impacts to corporate earnings and whether profit margin gains can expand beyond the Technology space. Simon cautions against trying to trade the momentum as sentiment can be fickle, while he also suggests some behavioral mistakes that can lead to investing mistakes. He reviews the latest earnings reports and news flow from GOOGL, UBER, VST and LLY.
WIG Stocks: GOOGL, UBER, VST and LLY.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon reviews the extreme volatility in sentiment and liquidity-driven asset classes such as crypto and precious metals. He argues that investors should consider as peripheral rather than core investments. He considers the significant rotation within the stock market and the fundamentals needed to sustain. He also frames the latest in the economy from the path of the U.S. dollar to the new Fed Chair. Simon then reviews the latest earnings reports from AAPL, V, VZ and T.
WIG Stocks: AAPL, V, VZ and T
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
The economic developments were a bit of a snoozer this week but while he does give some attention to the Fed's meeting, on this week's show Chase reviews the earnings results and subsequent reactions to some big names in the markets.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon discusses how challenging market timing can be even if one knew economic outcomes ahead of time. He argues for discipline in a frenetic, headline-driven environment. He suggests that valuation expansion, leverage levels and recent stock performance are not all that suggestive of a large cap Technology bubble and how rotation into other asset classes, as well as the "other 493" within the S&P 500 are healthy developments. Portfolio diversification is challenging to maintain and requires multi-year patience.
WIG Names: None
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
The markets were bobbing an weaving to a string of headline jabs this week, while digesting some important economic data and earnings reports. On this week's show, Chase reviews what's happened, struggles to conclude where we are as they continue to seek resolution but then updates one of the groups top holdings.
WIG Stocks: DHR
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon discusses the emergence of "grey swans": potentially impactful events that have been considered but only lightly so and not adequately discounted in market prices. He comments on the latest around Venezuela and possible ripple effects. He also shares some timeless lessons re-learned from last year's market behavior and frames the current economic and stock market backdrop. He highlights the recent rotation out of Technology/AI into other areas of the market and argues for proper portfolio balance.
WIG Stocks: None
Non-WIG Stocks: None
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
2026 brings new rules that Financial Planner Ann Summerson covers including changes to charitable distribution deductibility, 529 plan usage, qualified retirement plan contributions and more. And Ann introduces The Wise Investor Group's newest team member, Maritza Hernandez, who joins Ann for the second half of the podcast.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
While looking at the recent activity in the economy and sharing some forecasts for the coming year and 2027 too, this week's show also focuses on previous milestones in the markets, going back to Dow 10,000 and what that means as the markets close out this year near all time highs and new milestone levels.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon discusses the significant rotation out of AI/Technology names into other corners of the stock market. He suggests the shift could have some legs, although the less speculative pockets of the AI universe could start to offer value. He also examines the disconnect between "Wall Street" and "Main Street" and offers some opinion on why stocks are outperforming the economy. He then discusses the latest news flow from LLY, COST and AVGO, the latter two of which have sold off sharply in recent weeks.
WIG Names: LLY, COST, AVGO
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Jerome Powell and the Federal Reserve gave the markets a good shot in the arm this week with a rate cut and a more benign outlook than was expected, opening the door to more cuts. This week, Chase Hinderstein talks about why the language was more dovish than the media coverage realized, why this powered the markets back to near all time highs, and he goes on in the show to discuss a few of Wall Streets 2026 outlook reports as we set the stage for next year and beyond.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon discusses the recent rotation in the stock market to former laggards as well as how to think about a possible AI bubble. He suggests that, while there is precedent for a midterm election- year correction, there remains a good case for double-digit earnings growth and stable valuations. He cautions investors on the likelihood of continued ebbing in house prices, which could lead to lower returns for those buying investment property. He then examines the ramp in competition among the mega-Technology names and how to think about the AI "horserace" going forward.
WIG Names: GOOGL, AMZN, NVDA
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
In today's Wise Investor Show podcast, Senior Financial Planner Greg Smith covers some year-end recommendations that you shouldn't sleep on, after you've enjoyed your post-turkey, tryptophan-induced nap. Time, being in close contact with your tax preparer, and awareness of where your income will likely land for the year will all be of the essence to help you determine if you're close to being able to make use of some of the new and expanded tax deductions that might be available to you starting this year. Hope the show is helpful to you and thank you for tuning in!
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon discusses the recent vacillation in market sentiment regarding AI-related names. The bar is high for their execution and investors are well-served by preserving portfolio and, most importantly, emotional balance. He also considers how better than expected corporate fundamentals are driving longer term results and how they are expected to continue to improve next year. Meanwhile, investors are weighing how the outlook for the broader economy is a seesaw between a current soft patch and potential acceleration early next year. He offers some thoughts on the latest news from NVDA, GEV and LLY.
WIG Names: NVDA, GEV, LLY
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
The markets have been flying blind through the shutdown and as they emerge from the clouds they're not happy with what they're seeing. Chase discusses this week why we're seeing selloffs, what to look for in the coming weeks, discounting further rate cuts, and starts to explore where we should have our money for the next year.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon considers the massive 10-year rally in the Technology stock-heavy Nasdaq in the context of other historical bull markets and suggests it does not necessarily have to end with a crash. Investors might need to distinguish between short-term corrections of speculative excess and protracted downturns. He also highlights the latest developments in tariff policy, Fed action and Supreme Court considerations. He then reviews quarterly results from UBER, ABBV, AMZN, CVX.
WIG Stocks: UBER, ABBV, AMZN, CVX
Non-WIG Stocks: None
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
The forces that are driving our economy are starting to sabotage it at its core, as the application of artificial intelligence is starting to kill the workforce. This week Chase looks at how a central bank with a duel (pun) mandate is challenged by a stagflation scenario as well as the potential for a strong economy with rising unemployment.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon considers the continued strong stock market momentum and how it augurs for more gains over the coming 6-12 months. However, he cautions that the margin for error is thin at current stretched valuation levels and how discipline must be maintained given the high likelihood of bumps along the way. He places the current parabolic move in gold in historical context and questions the merits of the metal as a long-term strategic asset class to own in a meaningful way. He shares some highlights from the latest earnings reports from COF, WFC, RTX and LVMH.
WIG Stocks: COF, WFC, RTX and LVMH
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
In this episode of The Wise Investor Show, we dive deep into the world of MAGI—Modified Adjusted Gross Income—and explore how misjudging it can lead to costly mistakes. From losing valuable deductions like SALT and the Senior Enhanced Deduction, to triggering Medicare IRMAA surcharges and falling off the ACA subsidy cliff, we break down the key income thresholds you need to know.
But it's not all about reducing MAGI. We also explore when it may make sense to increase your income, especially in forward-looking tax planning. Plus, we highlight strategies that lower taxable income—even if they don't affect MAGI—and how they may save you big on capital gains taxes.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
With the shutdown continuing, focus has gotten a bit myopic for the week and been dominated by a narrative of if the AI economy is forming a bubble. Chase looks at these risks, shares the thoughts of those that think we’re not there yet and also this week he looks at the long term problem that all this investment could be very destructive.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon discusses how to think about historically expensive stock valuations and argues it likely does not make sense to avoid equities solely for this reason. He considers the Technology behemoths relative to their incredible fundamentals and makes some side-by-side comparisons to the Dot Com bubble environment. Simon shares some recent observations on Pharmaceutical industry performance and ABBV, specifically. He also comments on the latest news flow around AMZN and COST.
WIG Stocks: ABBV, COST, AMZN
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
The Fed delivered on expectations, cutting rates and appearing to enter a cycle of lower rates. Lending spreads are at historic lows and money is getting cheaper. On this week’s podcast, Chase looks at why the market is now lower than before that rate cut and what the experts are saying comes next for both the economy and your investments.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon comments on this week’s Federal Funds rate cut and what historical precedent suggests about the possible market reaction. He cautions against considering their policy in isolation and argues that profit margins, productivity, valuations and overall consumer health will ultimately be more impactful on stock prices. He encourages investors to consider their cash positions in light of likely falling short-term rates and offers some thoughts on the bond market as well as Municipal bonds, specifically.
WIG Names: None
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
As the economy shows some signs of weakness, the market has largely done very well. On this show, Chase examines what evidence is pointing to the Fed moving next week, as well as what comes after that, and if it’s not monetary policy but other issues making you ill, he also looks at a drug stock that’s providing some good answers and more on this week’s Wise Investor Show.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon suggests investors should remain focused on news flow the markets actually care about and not yield to distractions. Stock prices are arguing economic conditions, consumer spending and corporate earnings will improve next year and seem willing to look past a potentially transitory slow down. The stock market is also suggesting by the recent rotation into cheaper sectors that stretched valuations present an increasing risk even if the economic picture does improve. Simon reviews this week’s judicial opinion on the Google anti-trust case as well as recent quarterly results from Salesforce.
WIG Names: GOOGL, AAPL, CRM
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
The Fed Chair’s remarks last week propelled the market to new heights, seeing a broad based rally. This week, Chase discusses what the market liked from Powell, what to watch out for before he next appears and he also reviews the results from one of the most important drivers of the market’s rally over the past 5 years.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon discusses the challenging combinative of stretched S&P 500 valuations, a belief in the infallibility of AI-related names and extreme concentration of a handful of such AI/Tech-related names in the index. The result is a market backdrop that leaves little margin for error. Simon suggests stocks could be vulnerable to increased volatility, although rotation into some of the “unloved” sectors, such as the more economically defensive industries, would be welcome for balanced investors. He highlights VST as a new portfolio addition and offers some recent observations on AMZN.
WIG Stocks: VST, AMZN
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
This week Chase doesn’t make the case for while we must be cautious but focuses on the root causes for the rally and why it’s likely to continue. That along with an update on a very widely held stock that got a bit beaten down this week.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon discusses how U.S. stocks in aggregate continue to trade well even in the face of deteriorating economic data. He wonders if more tariff visibility will spur economic activity even if the tariffs, themselves, are a drag on corporate margins and consumer spending. He also considers positive offsets from the new tax bill and heavy AI-related capital expenditures. He comments on the latest earnings reports from AAPL, BRK.B, CVX and UBER.
WIG Stocks: AAPL, BRK.B, CVX and UBER.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
While we take a look at some of the recent economic developments, this week Chase goes on to consider how much profit was made off the development of the products that led to the Matrix, before the computers turned all the people into car batteries. He looks at the results from one of the leading names in the AI space and considers if the amount of money being invested in the space can lead to a reasonable return.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
In this episode of the Wise Investor Show, Senior Financial Planner Greg Smith explores underutilized strategies for 529 college savings plans, revealing how they can serve not only as education funding tools but also as powerful vehicles for tax savings, estate planning, and multigenerational wealth transfer.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon considers the current stock market surge off the April lows in historical context and suggests it augurs for higher prices over the intermediate term. Short-term choppiness is likely given seasonal patterns and the plethora of newsworthy headlines. He suggests the health of corporate profit margins in the face of tariffs will be the most important date point to monitor as companies report second quarter earnings. He highlights recent reports from WFC, JPM and JNJ as well as news flow around NVDA.
WIG names: WFC, JPM, JNJ, NVDA
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Ann Summerson provides an overview of some of the newly passed Big Beautiful Bill’s provisions. Many rules set to expire have been extended and there are new provisions to consider as well. Ann also gives some mid-year financial planning tips and she finishes the show with information on senior living options.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Banking reforms and the evolving monetary policy in the US are driving liquidity onto bank’s balance sheets and into the economy for the second half of the year. Chase looks at what’s changing there that’s going to be a key engine for the capital markets.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon discusses the bullish stock market technicals and momentum, while valuations, policy uncertainty and possible threats to corporate profit margins auger for caution going forward. He suggests investors refrain from trying to game unknowable outcomes and instead consider how to sensibly balance potential reward with risk. He frames the backdrop in looking at geopolitics, current inflation trends, Fed policy and tariff conditions. He also shares his current thoughts on BRK.B, LVMUY, MRK and COST.
WIG Names Discussed: BRK.B, LVMUY, MRK and COST.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon places the current Middle East threat in historical context. Beyond this week’s events he argues that, while an outright negative outlook may not be appropriate, the risk-reward profile has weakened since the spring. He highlights stretched valuations, a deteriorating margin and growth outlook, considerable policy uncertainty and cracks in the labor market as reasons for caution (along with selectivity, discipline and portfolio balance). He discusses a new name to the WIG portfolio in MKL and offers the latest around WFC and AVGO.
WIG Names: MKL, WFC, AVGO
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Matt Anderson takes the podcast reins this week to talk about gifting. He reviews the basic gifting rules to individuals and discusses the strategies and vehicles that can be employed to meet your charitable giving objectives.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
The week was filled with news of banks and bankers. Chase looks past the tariffs for a week and focuses this week on economic warnings from bankers, a bullish update on a bank, and predictions from a big leading economic indicator.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon discusses the ongoing twists and turns in global trade policy and how, regardless of how things turn out, the likely net result is a continued slowdown in business spending. It remains to be seen whether consumer spending follows suit. He offers some common investor biases that, if not acknowledged and controlled, can lead to unforced investing errors. He reviews the latest news concerning AAPL and GOOGL, as well as the recent earnings report from NVDA.
WIG Stocks: AAPL, GOOGL, NVDA
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon discusses the significant rally off the post-“Liberation Day” lows and what historical precedent suggests about forward returns. In the meantime, he urges caution as the market is likely to grind while it awaits a better read on how tariffs will impact company profit margins, consumer spending and employment data. He highlights opportunities in longer-term Municipal bonds and offers THC as a new stock name to consider in the Healthcare sector.
WIG Names: THC
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
The S&P 500 has raced back to flat for the year after a large correction in April. Chase this week looks at why the rally may continue, why it should be feared, and an area of the economy that is looking beyond 2025 and showing tremendous investment.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon discusses how stocks may have left the “waterfall” phase and entered the typical back-and-forth “grinding” period of a challenging market that will require patience, discipline and selectivity. From a macro-economic perspective, he urges investors to focus on the health of the jobs market above all else. He discusses Warren Buffet’s stepping down as CEO at Berkshire Hathaway and how to think about his replacement and the stock overall. He also comments on the latest earnings reports from MSFT, META, GOOGL, AAPL, UBER and ABBV.
WIG Stocks Covered, BRKB, MSFT, META, GOOGL, AAPL, UBER, ABBV
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
A huge week of economic data tries but fails to cut through the developing tariff news. This week Chase looks at who the real winners of the trade wars may be and how the investor can benefit from it.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors.
The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon suggests investors spend less time trying to determine causation for market moves and more on understanding how markets are actually trading (including patterns seen in past declines). While not calling a bottom, he discusses the crash in sentiment from multiple perspectives and wonders how much future economic and earnings slowing may already be discounted. He suggests the “waterfall” selling might morph into more of a grinding, sideways period which will reward patience and selectivity. He updates on the latest earnings reports from T, DHR and UNH and offers some thoughts on NVDA.
WIG Names: T, DHR, UNH, NVDA
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
In the final scene of Animal House, Kevin Bacon encouraged the panicked crowd to “Remain Calm!” and it didn’t turn out for him. This week Chase discusses how to take a measured approach at limiting risk, why the markets may get worse with a few positive signs included for good measure, and looks at some approaches to the volatility that doesn’t work well.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon discusses how to think about the tremendous spike in financial market volatility from an investor emotion perspective and in terms of historical context. He offers some of the central takeaways from the current tariff landscape and, should the economy drift closer to recession, what precedent suggests about future stock market returns. He then highlights the challenges Apple is facing given how they are heavily impacted by the global trade climate.
WIG Stocks discussed: AAPL
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon discusses the unprecedented escalation in U.S. trade tariff levels. He acknowledges answers are hard to come by and, instead, offers a series of questions to consider around recession odds, inflation levels, fiscal and monetary response, and corporate profit impacts that will surely be central to investment outcomes. He also stresses the importance of harnessing emotions, maintaining liquidity for spending needs and to not get too wrapped up in futile emotional exercises such as anchoring to all-time high price levels, trying to predict policy or the timing on trade execution.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
In today’s Wise Investor Show podcast, Senior Financial Planner Greg Smith shares ideas and strategies to know and keep at the fore of your mind to help you stay sanguine and on plan, even when the markets turn scary. These ideas ought to better assist not only the you of the present, but ultimately the you of the future as well.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon examines the historically sharp drop in various sentiment readings, including valuation multiples, and whether it portends a similar collapse in the “hard data.” He shares how the markets are sifting through the current noise to focus on tariffs as they can directly impact corporate profit margins. Simon also places the current stock market drawdown in historical context. He then introduces NVO and RTX as new purchases and comments on some of the possible tailwinds behind UBER.
WIG Stocks: NVO, RTX, UBER Non-WIG Stocks: N/A
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
On this week’s show, we’ll give the briefing of what to look out for, diagram the next three turns on the road, but remind you to be careful out there. Notable improvements in the economic data may not be enough to fight off the effects of lowering confidence from the consumer and the corporations and we’ll look at evidence from all of this from this past week.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon argues that the inability to harness emotions is usually a greater contributor to investing failure than any market or economic factors. He cautions how investors need to focus on what matters and what is knowable. He shares a number of observations on the market rotation out of Technology, soft sentiment data and emerging soft hard data, the recent outperformance of international stocks and other important trends to consider.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
This week we try to cut through the barrage of daily news, information which may impact the markets but isn’t tangible, and get down to just the facts, those which may give us an idea of where the economy is going. Moreso, we put an emphasis that this is what must be done as we move forward this year.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon notes how the market seems to care about policy uncertainty and the “headlines” to the extent that they affect corporate earnings. Investors will likely be well-served sifting through the noise to focus on this reality. He identifies several reasons for continued optimism as well as some of the potential risks. He also discusses the waning of Technology stocks in favor of some formerly unloved market sectors. He then reviews recent earnings reports from CVX, KO and MRK.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Today, we focus on the essentials of estate planning and gifting strategies, clarifying key concepts such as wills, probate, trusts, and beneficiary designations. Matthew Anderson CFP®, and Nick Sorden emphasize the importance of understanding how assets pass, both through wills and alternative methods like account titling, beneficiaries, TOD accounts, and trusts. Further discussion covers the roles of executors, trustees, and the often-overlooked trust protectors, as well as considerations for choosing qualified individuals for these roles. Finally, the podcast explores strategies for gifting assets, including annual gift exclusions, and using gifts for educational or medical expenses.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon examines the confusing cocktail of the “Four T’s” dominating current news flow: Trump, Tariffs, Tech and Tallying Earnings. He explains how tariffs work, their potential economic impact and how difficult they are to model when there are more questions than answers. He then discusses how the risks of buying bonds are now asymmetrically skewed in a positive direction. He also highlights recent earnings reports from ABBV, MRK, V, GOOGL, and UBER.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
The Chinese make a splash and try to deep six US AI dominance. Are they using duct tape and bubblegum to fool the world, or have they pulled into the lead in shaping the economy of the 21st century. We’ll call upon various sources to try and figure this out on this week’s show.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon puts a bow on the Biden market returns and offers what history suggests about a new president’s first year. He cautions that investors should not get lost in the policy weeds and instead remember that earnings and valuations will ultimately have much more influence. He argues there are fundamental, valuation-based and sentiment-related cases for broadening market participation. He highlights the latest earnings reports from JPM, UNH and PLD.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
In the cold days of January we’re longing for the start of spring training, so this week we’ll look at what’s been moving the markets but also draw some analogies to baseball and have a look at another pocket of the economy that’s going to be critical to keep this bull running.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon points to historical precedent, political turnover, volatile Fed policy and interest rates, and stretched stock valuations as reasons for a particularly muddied investing environment. He highlights the recent ratchet in rates and U.S. dollar strength as trends to watch and possible catalysts for additional stock weakness. He cautions against getting too negative as a strong U.S. consumer, broadening earnings growth outlook and rising corporate productivity could carry the day. He highlights UBER, LVMUY, KVUE and DIS as value names to consider.
WIG Names: UBER, LVMUY, KVUE, DIS
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
We’re not doing it, but one notable economist forecasted a correction in the stock market this year. On this week’s show, we’ll talk about that, how much conviction there is in the prediction, and how one should act if buying into the idea. Also, another angle to the Chinese trade war that we may not have fully considered.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.
Simon shares a dozen observations amid the recent rise in market volatility including thoughts on narrowing market participation, high stock valuations, U.S. company “exceptionalism” and positive investor sentiment. He also details the latest earnings reports from AVGO, NKE and COST.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
After a very volatile week in the markets, on this weeks show we’ll look at what the Fed’s pricing in, what the market’s reacting to, and the notion that tariffs could be deflationary. That along with a new holding in the portfolio on the penultimate show of 2024.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon shares some timeless investing lessons that resonated with him again this year. He looks at the current state of the stock market and what has been left behind. Specifically, he examines the historically extreme underperformance and underweighting of the Healthcare sector within the S&P 500 and international stocks more broadly. He also suggests taking a fresh look at commercial real estate and reviews the investment cases for FRT and PLD.
WIG Stocks: PLD, FRT
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
On this week’s show, we’ll look at some evidence that people just aren’t trusting what Trump’s saying and that’s dangerous. Why corporate America doesn’t believe him but the Fed does. How we’ll think about that and also take a look at the results from a few names in the portfolio.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon offers some historical backdrop and economic context for the first salvo in a potential trade war. He suggests the ultimate impact of tariffs depends upon their scope and duration. Companies have the ability to adapt and the potential for several offsets suggests strong corporate earnings growth could continue next year. Simon highlights Constellation Brands – now embroiled in trade war concerns – and Google – facing anti-trust litigation and competitive pressures – as potential values in an otherwise pricey market.
WIG Stocks: STZ, GOOGL
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
There are many paths the market can go down next year and on this week’s podcast we’ll pull from a few analysts to see what to expect. Also important news changing the outlooks for a couple of holdings.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon cautions on overreacting to the post-election move in stocks. History suggests market outcomes can shift significantly over a presidential term. History also suggests other factors can be more impactful than Washington policy and that stocks over the past 15 years have produced similar annualized returns over various administrations. He notes that company earnings, stock valuations and current bond yields could ultimately influence investor portfolios to a greater degree. He then highlights the latest news flow from ABBV, MRK, AMZN, AAPL, CVX.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
While the Fed continued on its path of easing interest rates, this week was all about the election and the market rallied in a historic way. On this weeks show we look at what it’s pricing in, what it’s not, and what this all means for our investments in 2025.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon follows up on recent forecasts from several prominent investment firms for subdued S&P 500 returns over the coming decade. He echoes their concern around market concentration and suggests the “average stock” could perform much better than in recent years, especially relative to the broad market averages. He offers the same could potentially be true for bonds as they try to emerge from their largest drawdown in 150 years. Diversifying away from U.S. Large Cap Growth may actually start to help portfolio returns. He also examines recent quarterly results from ABBV, GOOGL, MSFT and V.
WIG Stocks: ABBV, GOOGL, MSFT and V
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
A major Wall Street firm updated their forecast for the next 10 years and laid out their reasons to believe the stock market will trail inflation on average for that decade. On today’s show, we look at the details of that report, why it has merit, and why it’s not a big problem.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results. Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
In this episode of the Wise Investor Show, Ann Summerson and Nick Sorden dive into the evolution of retirement accounts and the strategies that have shaped our savings habits. Ever heard of the “deferral trap”? Ann and Nick explore how tax-deferred accounts might not be the golden ticket we once thought. They discuss the history of IRAs, the rise of 401(k)s, and the benefits of Roth IRAs. Tune in to learn how to navigate the complexities of retirement planning, avoid common pitfalls, and make the most of your savings. Whether you’re just starting out or nearing retirement, this episode is packed with valuable insights to help you secure your financial future.
Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. While we are familiar with the tax provisions of the issues presented herein, as Financial Advisors of Raymond James & Associates, Inc., we are not qualified to render advice on tax or legal matters. Raymond James and its advisors do not offer tax or legal advice. You should discuss any tax or legal matters with the appropriate professional.
Simon considers the recent turn towards cyclical stocks and higher bond yields that have fooled consensus positioning. He cautions against blindly relying on forecasts of any kind and, instead, focusing on bottom-line fundamentals including the sustainability of record corporate profit margins. He also examines economic, stock market and stock market sector performance under Democratic and Republican administrations going back to Truman and how perilous it can be to position in line with political leanings. He provides updates on MRK, KVUE and STZ and how they look interesting in light of the current rotation away from defensive names.
WIG Stocks: MRK, KVUE, STZ
Non-WIG Stocks: n/a
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
There’s a sector twice the size of the 2008 subprime loan market that may be getting paid to ignore risks. This week, we’ll look at what’s happening there, as well as a economic push we’re getting from China and then the details of a specific stock.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Warren Buffett quipped that, “if understanding history was all it took to be successful, librarians would be the wealthiest investors.” Simon discusses how precedent is important to consider with respect to Fed rate cuts, but that investors should be prepared for a wide variety of potential outcomes. He also offers how to think about bonds now that yields have front-run further Fed cuts. He then highlights some of the recent news flow from NKE, JNJ, KVUE and V.
WIG Stocks: NKE, JNJ, KVUE and V
Non-WIG Stocks: N/A
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
This week we got the historic first rate cut that will appear on economic charts for hundreds of years to come. We may have come in for a soft landing, but where are we? This week we’ll look at what comes next for the markets, how some assets don’t perform as you might expect as rates head lower, and what to expect next from the Fed.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
You’ve realized that you have more money than you will ever need to spend. Financial Planner, Matt Anderson, discusses some giving ideas that will make a meaningful impact in your descendants lives now rather than later. Topics include financial giving to help with educational funding, Roth IRAs, Health Savings Accounts and the purchase of a home and non-financial gifts of family trips and financial mentorship.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon cautions on reacting to headlines and anecdotes without the proper context. He then examines the notable shift in market leadership and suggests it has historical, fundamental and technical underpinnings. He also encourages investors to think about their cash position, how much makes sense to maintain and offers some thoughts on bond positioning in a diversified portfolio. He considers the divergence of opinion around two of the “Magnificent 7” names and whether the prospects for each could emerge differently than consensus expects.
WIG names: GOOGL
Non-WIG names: NVDA
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Interest rates are still on everyone’s mind, but the Fed has shown their hand and now actual earnings are taking the wheel and driving the markets. This week we’ll look at the market’s internals, valuations, and scrutinize the sustainability of these results, and then look at a contrarian case with a lot of [expensive] egg on their face.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon examines the V-shaped moves in both stocks and volatility and counsels against overreacting to headlines. He discusses how challenging it is to forecast recessions and that investors are better off focusing on corporate fundamentals. He also looks at historical stock performance following an initial Fed rate cut. He reviews the current case for three “value” names: NKE, GPC and CSCO.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
The markets had a short lived period of volatility and a bit of a selloff, before quickly recovering. But, don’t let the pundits blame the usual suspects. Instead, this week we’ll look at what really happened and what really matters going forward.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon discusses how markets became too complacent and consensus thinking too one-directional, which made them highly susceptible to changing news flow. He references the resulting historically large spike in volatility and identifies the fear of a stubborn, behind the curve Fed as the main culprit. Simon suggests it is too early to tell whether fears are justified or if this turns out to be a “growth scare” similar to what unfolded in 2022. He suggests investors remain flexible, focus on corporate fundamentals includes strong profit margins and avoid the temptation to be reactionary in their decision making. He highlights the latest earnings reports from PSN, APTV, MSFT, AMZN, ABBV, MRK.
WIG Names: PSN, APTV, MSFT, AMZN, ABBV, MRK
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
This week we’ll look at the very real threat of negative real returns when buying fixed income, how to think about them and how to combat them. Also, another large loaming debt risk in the US that threatens to rock the market.
Stocks mentioned: VICI
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon discusses the massive market rotation underway and suggests it is mostly the result of extreme positioning. He cautions on how hard it is to predict trigger points and reinforces the merits of being patient with portfolio diversification. He also mentions how there is historical precedent for the recent political turmoil and offers that investors should not overreact to recent news flow. He reviews the recent quarterly reports from UNH, T, DHR and V.
WIG Names Discussed: UNH, T, DHR, V
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
This week, we look at a remarkable shift in trading this month, as a rotation from what’s driven the markets to a long neglected area has taken hold. We’ll look at why it’s likely an unsustainable trend, and also shift our focus to a looming problem that could really spell trouble for the markets over the next year.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon examines the current backdrop and how resilient corporate fundamentals remain an encouraging tailwind for stock prices. He does suggest some economic cracks are forming that need to be monitored. He also looks at some of the historic extremes in terms of market concentration and performance dispersion. He suggests investors maintain portfolio balance and take time to understand their exposures.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
This week, we celebrate America’s 248th birthday by pointing out how wrong both leading presidential candidates are about the economy and then introduce a new stock to our portfolio.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
This week, Greg Smith offers the Financial Planning side of the Wise Investor Group® of Raymond James, as he highlights a retirement planning concept to help you take advantage of the extended required minimum distribution age, as well as a strategy to better harness and unlock the tax benefits of the charitable giving you may already be contributing.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
This week, we summarize the first half of 2024 by explaining, only partially tongue in cheek, how AI will solve our inflation problems and lead to lower interest rates.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon discusses how asset class performance has become increasingly concentrated in U.S. Large Cap Growth and narrowed even further recently to just a handful of names. Some of this has been justified by outsized profit contribution but the divergence may have gone too far. He suggests that diversification may still have its merits and be important for risk management. He also highlights the latest news flow from AVGO and AAPL, as well as a new name to consider, PSN.
WIG Stocks: PSN, AVGO, AAPL
Non-WIG Stocks: NVDA
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
This week we speculate about the jobs report, look at leading indicators, and revisit the effect higher rates will have on corporate debt and its impact on earnings after looking at the data.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon highlights how we are constantly bombarded with headlines, news flow and outright rumors that often require a reality check. At the very least, many ideas are presented superficially without the proper context and are likely not as well understood as they should be. He provides numerous examples from the macro-economic landscape and current character of the stock market.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
On this week’s show, we look at the tsunami of AI talk, AI investing, and the tidal wave of debt coming due and what that could mean for many years to come.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon provides ten reasons why stock market optimism remains the most appropriate base case. He looks at the current character of the market, historical precedent, the state of the economy and corporate fundamentals to justify his position. He also highlights recent quarterly earnings reports from Apple, Kenvue and Aptiv.
Stocks discussed in this episode: AAPL, KVUE, APTV
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
After a week characterized by FactSet as uneventful, the show takes a departure this week, with a look at one of the biggest scams in history. We look at the resolution of the FTX bankruptcy and how the small investor is still left out in the cold.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon discusses how recent stock price reactions to earnings reports and an incrementally more hawkish Fed demonstrate to what extent news flow itself often matters less to financial markets than news flow relative to expectations. He places the current mini-correction in context, comments on what we have learned during this earnings reporting season and offers some reasons why the macro-economic picture might be better than the headlines suggest. He highlights encouraging earnings reports from AMZN, ABBV and T.
WIG Stocks Covered: AMZN, ABBV, T
Non-WIG Stocks Covered: None
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
The wind has been taken out of the interest rate cut sails and it’s now time to start rowing and it’s earnings season, so this week we’ll focus on the results for three stocks and what we expect from them in this challenging market environment.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
In today’s show, Matt Anderson talks about why you might not want to max out your pre-tax retirement accounts. He discusses the importance of account diversification; specifically, the importance of having an after-tax source of funds in retirement. Doing so provides you with the flexibility to take full advantage of planning opportunities in retirement. In early retirement, you won’t have to contend with the 10% early withdrawal penalty from IRAs and qualified retirement accounts and can maximize Obamacare premium subsidies. An after-tax source of funds may also provide some protection against rising federal income tax rates in the future. In addition, you will reap the rewards of the 0% capital gains tax on long term capital gains and dividends, open up Roth conversion opportunities and provide options for delaying Social Security.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon discusses how a correction could unfold at any time, but that we should not fear volatility in the context of a strong uptrend and resilient economic backdrop. He notes how the obsession with interest rates and the “Magnificent 7” could be obfuscating the improving breadth of the market. There are fundamental underpinnings for the shift from less demanding valuations and improving earnings estimates. He also encourages investors to consider the increasing competitiveness of bonds that now offer some of the best yields in at least two decades. He then reviews the latest news flow from STZ, COST and UPS.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
It’s hard to name that tune in three notes, because it’s always changing. This week, we look at the changing narrative from cuts to no cuts, from weak China to strong China, and from the US guiding EU policy to EU guiding US policy. All this has led to the worst week in the DJIA in over a year and we’ll examine it on this week’s show.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon discusses how the intense focus on Artificial Intelligence-related themes and the Fed is obscuring other bullish narratives such as improving market breadth, rising earnings estimates and still cautious retail investor positioning. He also looks at the potential for future bond returns to be very competitive with what we might reasonably expect from stocks. He offers a primer on how to understand individual bond particulars. Simon then suggests how MRK,GOOGL and T, for very different reasons, could be potential values at current valuations.
WIG Stocks: MRK, GOOGL, T
Non-WIG Stocks: N/A
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Japan’s one of the world’s biggest and most important economies and their conflicting policies have been reliable for many decades, until this week. On this week’s show we’ll look at if that’ll turn us round and round and talk about the impact of some artificial intelligence developments on our portfolio.
AVGO
TSCO
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon discusses the recent surge in Nvidia’s stock price and how it is important to understand what the current valuation demands in terms of future growth. Simon acknowledges that the market could be due for a pause, but offers ten solid reasons why investors should still consider an optimistic base case. He also highlights the most recent earnings reports from COST and AVGO.
WIG Stocks: COST, AVGO
Non-WIG Stocks: NVDA
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
The Markets keep rolling but are giving up on the previous narrative and finding new reasons to rally higher. We’ll look at the new information, what to expect later this year, and give an update on a portfolio holding.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon discusses how history suggests recent market strength will beget future strength but that stretched valuations should temper enthusiasm. He also relates how the dominance of the largest weights in the S&P 500 has further narrowed and that investors should both understand what they own and think about diversification. He highlights MDLZ, KO and VICI as names to consider in currently out-of-favor sectors.
WIG names discussed: MDLZ, KO, VICI
Non-WIG names discussed: NVDA
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
This week, monetary policy takes a backseat to earnings results and we look at one of the world’s largest retailers to see what it can tell us about the health of the consumer and the price of blackberries.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Write-Up: Simon discusses how the market is susceptible to a shock and was wrong-footed by the recent hot CPI print. He references some of the current extreme positioning in the market and how a reversion to the mean in terms of what sectors and styles are favored could be in store. He suggests that the ultimate path for both inflation and rates is still likely to be down but that it may be a bumpy ride. He also highlights the recent earnings reports from ABBV, CVX, KVUE and AMZN.
WIG Stocks mentioned: ABBV, CVX, KVUE and AMZN
Non-WIG stocks mentioned: NVDA
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
With the Fed still front and center, the importance of earnings season and forward guidance has its say in the markets this month. We really may be turning the quarter for interest rates and earnings growth, despite some prevailing negative macro sentiments. We’ll review it all, along with two specific stocks on this week’s show.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon laments how investors are more informed than ever but are not necessarily wiser given the ever-present barrage of misleading, sensationalist and inflammatory headlines. He offers a dozen observations on the economy and financial markets that investors should understand in order to make prudent decisions going forward. He also highlights recent quarterly earnings reports from UPS, MSFT and DHR.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees. This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
It’s a bit early but for the financial markets, this Friday was Groundhog Day. We got the best indication if the Fed would see its shadow or not and if we’d soon see interest rate cuts or a longer cold period of higher inflation. On this week’s show we look at the results and how we can have so much pressure higher on inflation but still see a resolution of a soft landing.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon discusses how in many ways 2023 was the polar opposite of 2022, and the early trends so far this year are contrary to how markets closed a few weeks ago. The markets will fool most of the people, most of the time. He updates on what to expect with 4th quarter earnings reports. Simon also shares some thoughts on the challenging realties of portfolio diversification and how the US consumer is better positioned today than before recessionary periods in recent history. He reviews the latest earnings updates from JPM, TFC and UNH.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees. This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results. Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors. Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
On this week’s podcast, we look at the other side of monetary policy’s fight against inflation, quantitative tightening. The street’s now looking to pivot off of the pivot, back to neutral, from the recent efforts to reduce the Fed’s balance sheet. We’ll explain how this works and what it means, and then a quick review of one of our top holdings.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon discusses how patient, longer term-thinking clients may have bested those tethered to overly confident macro-economic forecasts last year. So far here in 2024, we have already seen different leadership from what dominated over most of the past 12 months. Remaining diversified, flexible and humble still seems prudent especially considering how the “soft landing” expectation has become consensus (and possible already discounted). He also identifies some key questions to focus on this year. Lastly, Simon considers the case for UNH as a core Healthcare holding. Stocks discussed: AAPL, UNH.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Investors have been naughty and nice since the end of October, and on this week’s podcast, we wrap up 2023 by going back and forth between two Wall Street forecasts for 2024 that couldn’t be more different. We look at their common ground and try to figure out who to believe and how to position our portfolios for the new year.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon identifies six current misperceptions he feels could be injurious to sound portfolio management in 2024. He discusses such potential pitfalls as not believing enough in the power of market momentum, overweighting the influence of the Fed, and ascribing too much importance to the influence of the President on market direction.
Stocks mentioned: COST, CVX
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Ann Summerson discusses some ideas for year-end financial planning strategies. She also talks about how the 4% withdrawal rule is having a resurgence. And she offers a distribution strategy to consider when leaving larger IRA’s to the next generation.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon Hamilton, Managing Director and Portfolio Manager, discusses the current state of the markets including concentration in the “Magnificent Seven.” He discusses how their likely superior execution may already be discounted to some degree and that portfolio balance could work better going forward. He also has thoughts on the market-moving power of investor sentiment, profit margins and potential shifts in consumer spending. He highlights ABBV, MRK and JNJ as possible values to consider within the Healthcare sector.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
On this weeks show we look at inflation during various periods of time in the US. How important is a 2% target? Well, there are long periods higher than that when we did well. There are others that are artificially low. Also, we start looking at 2024 outlooks with a review of one firm’s published forecast for next year.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon Hamilton, Managing Director and Portfolio Manager, references six common investor mistakes he has continually seen over the years and contextualizes them in the current market backdrop. He has comments on the dangers of over-concentration, investing off yesterday’s news, market timing and other problematic investor behaviors.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees. This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results. Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors. Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
We wrap up a very strong recovery in the stock and bond markets by looking at how much we may have borrowed from future results, where we can still find returns, and a look at a name the drug sector.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon Hamilton, Managing Director and Portfolio Manager, urges investors to filter out the current noise and headlines to focus on what’s actually happening in the markets and economy. He presents some of the current realties to provide a balanced outlook framed within some historical perspective. He also reviews the latest earnings and news from DIS, AAPL, MDLZ and STZ.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees. This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results. Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors. Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
This week we feature the results of two core holdings, one of which is struggling and one of which is soaring and talk about why we’d stay the course on both for now. MSFT DHR
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees. This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results. Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors. Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon Hamilton, Managing Director and Portfolio Manager, discusses how most stocks in the broad US stock market are negative so far year and how in many cases conservative investors have been punished the most. However, he cautions against over-trading and giving up on short-term poor performers and emphasizes how on the fixed income side today’s headwinds could become tomorrow’s tailwinds. He also references some positive aspects of the US economic outlook that may have been lost amid negative headlines. He reviews the latest earnings reports from GOOGL, MSFT, T, VZ and FI.
On this week’s show, we diagram how black swan events happen in the markets, how to be prepared for them and how to react when they happen. Without being able to predict them, reflecting on previous ones and visualizing our behavior can ready us for when the next one comes around.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees. This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results. Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors. Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon Hamilton, Managing Director and Portfolio Manager, notes how, in addition to the recent inaccuracy of consensus economic and market forecasts, many of the traditional relationships between asset classes, economic variables and price trends have not held true. He then discusses the narrow breadth of the stock market, the sharp underperformance of dividend-paying stocks and dispersion in sector performance. He highlights the severe sell off in bonds and what current yields could suggest about future bond returns as well as stock performance. He talks about some of the headwinds facing the Consumer Staples sector and KO, MDLZ and STZ as possible names to consider.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees. This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results. Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors. Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
This week, Matt Anderson discusses I-Bonds and whether now is a good time to consider other alternatives. He provides a brief overview of I-bonds, the importance of knowing your investment objective for owning the bonds and an analysis of how to view the bonds in terms of the projected interest rate reset in November. In the second half of the episode, Matt pivots to discuss a recent report titled “Spending Trajectories After Age 65”. In this report, the researchers analyze retiree spending trends and conclude that spending is not constant but decreases over time. Matt talks about how to employ this information in improving our retirement modeling.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees. This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results. Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors. Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon Hamilton, Managing Director and Portfolio Manager, discusses some of the reasons for the current September swoon in both stocks and bonds. He talks about an incrementally more hawkish Fed, a strong dollar, government shutdown concerns and seasonality. He cautions against reacting too strongly to the uptick in volatility and suggests that maintaining proper portfolio balance is very much appropriate. If there is an inflection down in the economy and/or interest rates in the coming months, market leadership could shift dramatically. He also provides some of the recent news flow and investment cases for COST, STZ and KVUE.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees. This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results. Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors. Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
There's nothing in the street. Looks any different to me. Pete Townshend wasn’t talking about economics, but it explains today’s environment, which isn’t new and it shouldn’t be a surprise, but this week we look at the market’s reaction to the reality that this is instead a return to normal, and we won’t get fooled again.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon Hamilton, Managing Director and Portfolio Manager, argues that the financial headlines often focus investors on the wrong things, while more salient, market-driving developments get less attention. He provides examples within the economic data, examines earnings trends, looks at valuations and considers the potential opportunity in bonds. He also reviews the recent underperformance of the Consumer Staples sector and how both MDLZ and STZ screen attractively.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results. Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors. Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
The market rode growing expectations that lower interest rates are not on the horizon. The economy remains strong and employment remains robust, but a few factors scared the inflation assumptions further higher, and they’re not under the Fed’s control. Could that result in stagflation? We’ll look at that this week along with a focus on a tough week for Apple.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees. This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results. Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors. Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon Hamilton, Managing Director and Portfolio Manager, offers some timely observations on investor behavior and highlights a few positive aspects of the economy flying slightly under the radar. He also encourages investors to not overly fixate on recent bond market losses and, instead, understand how the highest fixed-income yields in 15 years will likely drive better returns going forward. He suggests how MMM and NEP - high-dividend paying, out-of-favor names – might be interesting for patient investors.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees. This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results. Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors. Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Too often assumptions seem to allude to the markets returning to the realities of the last decade, instead of how the economy functioned for decades and decades before the Great Financial Crisis. This week, we look at why we should likely assume this is normal and it’s not bad if you accept it.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon Hamilton, Managing Director and Portfolio Manager, discusses how the outlook for corporate earnings, corporate balance sheets and consumer spending are still heathy and likely a greater source of market stability than generally recognized. He notes that, based on historical norms, it would not be surprising nor damaging over the longer term if the current market consolidation morphs into a correction. He talks about the rationale for DAR as a new WIG portfolio holding and comments on the quarterly results from UPS and AMZN.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
This week we’re absorbing key inflation data and looking at how it’s giving some needed relief to the financials and then a look at the results and road map for Disney, with various reactions to their quarterly call.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon thinks about the nearly complete recovery of the stock market to the previous all-time highs and considers how effective the KISS rule (Keep it Simple, Stupid) has been for investors. He highlights seven observations of market and investor behavior that reinforce how simple, straight-forward thinking usually trumps esoteric, complicated strategies and products. He also highlights the latest news from JNJ, UPS, CB and GOOGL.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon Hamilton, Managing Director and Portfolio Manager, discusses how changes in the trajectories of key economic and fundamental variables often influence financial markets the most. He highlights changing inflation rates, evolving perceptions about the influence of higher interest rates and an uptick in positive analyst earnings revisions as key reasons for recent strength in stocks. He also highlights some of the litigation overhang on T and MMM, as well as recent news flow from DHR and JNJ.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
This week we look at some very bullish conditions that give us hope the market can continue, albeit met with reasons to be prudent. The market DOES believe the Fed will hike again, but accepts that it’s almost over and we’ve survived the worst. Some sectors are in bad shape and this week we’ll talk about one which is hit by all this, while others have brighter futures. Also, a return to a potential value in a consumer staples.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon Hamilton, Managing Director and Portfolio Manager, explores how the first six months of the year recall several timeless investing lessons: bad news sells, short-term market predictions are folly and contrarians are usually wrong. He also discusses the reduced odds of a recession, at least for now, and how to think about the stock market’s continued top-heaviness. He highlights the most recent news flow from STZ, APTV and UPS.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees. This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results. Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
This week we look at the latest in economic data and then contrast different approaches to investing, including the different schools within the Value camp. Later, an update on Fiserv (FISV).
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
This week we reflect on where the markets been the last 6 months, 18 months, 15 years, and 50 years. We identify that really the capital markets are very well positioned compared to many points in history, that last year was historically worse than it felt, and that we have reason for cautious optimism today.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon Hamilton, Managing Director and Portfolio Manager, discusses how earnings resilience is still a key reason to not dismiss the case for a new bull market. He also highlights how poor market breadth and profit recessions do not automatically lead to bad stock markets. The interplay between hopes for a “soft landing” and a still hawkish Fed will continue to influence trading. He suggests the overall market is not as expensive as the headlines indicate and that REITs, in particular, could be a value area to consider. VICI and FRT are two names to keep in mind.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon Hamilton, Managing Director and Portfolio Manager, discusses the importance of not directly conflating an economic outlook with a stock market opinion. However, he also notes that some forecasts for recession have become more tempered recently and how there is a solid case for a more benign slowdown. He notes how there exist potential macroeconomic, valuation, market positioning and asset flow catalysts for a potential leadership shift from Growth to Value Stocks. He also highlights some recent news from AVGO, MMM, AAPL and STZ.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.
This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.
Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.
Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
We’ve been able to move past the US debt limit crisis and refocus on our lingering fears, of higher interest rates and lower earnings. This week we look at what’s driving new concerns of more rate hikes and a value name to consider if the market turns South.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees. This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results. Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors. Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon Hamilton, Portfolio Manager and Managing Director, discusses the current landscape including debt ceiling concerns, the intense bifurcation in the stock market and interest rates rising anew. He suggests the case for investor optimism is being buried in all the negativity and that better than expected earnings, healthy consumer balance sheets and still relatively tame credit spreads argue against a severe negative outcome. He also talks about AI with respect to MSFT and GOOGL and highlights MRK and CB as potential values.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees. This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results. Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors. Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
We’ve pivoted from a focus on the Fed to a focus on default but today we’ll focus on the consumer, their unemployment levels, and the results from their leading brands.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees. This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results. Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors. Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon Hamilton, Managing Director and Portfolio Manager, discusses how the market’s attention could shift from constant Fed watching to economic and company-specific fundamentals. The resilience of profit margin strength will be a key focus as the overall economy continues to slow. He mentions the market’s historically narrow breadth that is obscuring overall market weakness and what it means for investors. He also suggests that investors should increase duration in their fixed-income portfolios with a Fed pause at hand. He references the latest earnings reports from AAPL, AMZN and BRK.B.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees. This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results. Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors. Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
This week the Fed may have reached the end of their tightening cycle. They delivered what was expected but the markets didn’t like it. Why not, what’s next, and a bunch of earnings discussed on this weeks podcast.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees. This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results. Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors. Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon Hamilton, Managing Director and Portfolio Manager, cites the historical evidence suggesting that being permanently bearish is a failing strategy. He also frames the current bull and bear narratives and suggests that a negative outlook needs to be more nuanced. He then examines the pros and cons in the latest earnings reports from MSFT, GOOGL, V and DHR.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees. This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results. Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors. Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
This week we lament the market’s shift from struggling with the Fed raising interest rates to the market struggling with the effect those hikes are having on the economy. While we haven’t been able to find much relief, we’ll also talk about Tractor Supply, which may be better positioned that other consumer retail names.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees. This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results. Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors. Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
Simon Hamilton, Managing Director and Portfolio Manager, discusses the resiliency of the stock market in light of growing recession fears and falling earnings estimates. He expresses optimism that markets often bottom well before corporate earnings but has concerns around elevated valuations, overly optimistic earnings forecasts and how a small number of names have been responsible for most of the market’s positive returns this year. He encourages “bottom up” analysis and a focus on individual company execution. He also considers the recent news flow from AAPL, STZ and JNJ and weighs their various headwinds and tailwinds.
The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees. This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results. Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors. Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.
This week, the US markets were confronted by a series of disappointing labor reports and the World Bank warned against a lost decade of global growth. We’re shifting quickly from worrying about inflation to worrying about revenues, but inflation isn’t beaten yet.
The most aggressive rate hikes in history has started to break things in the economy. This week, we look at the risks of it getting worse, the erroneous values of banks, and the downside risks to earnings estimates, while finding value in a more traditional fixed income approach.
Simon Hamilton, Managing Driector and Portfolio Manager, discusses the volatility in the stock and bond markets following the most recent rate hike from the Fed. He talks about the signals bond yields and sector divergence in the stock market are sending. He also provides some further commentary on the recent bank collapse and starts to look at some of the potential repercussions that could be felt for some time to come.
Simon discusses the stock and bond market reactions to the recent troubling news flow from the banking sector. He talks about the risks of investment concentration as well as some additional background on what has fueled the uptick in volatility. He notes that individual investors should not make the same mistakes in their own fixed-income portfolios. He also suggests corporate earnings could potentially be more resilient than some are forecasting.
This week we continue to look at the evolving and losing battle against inflation, our failures to attach it from the supply side, and then a examination of the root cause of a new threat to the markets, which may be limited or the start of something bigger.
Simon Hamilton, Managing Director and Portfolio Manager, discusses the vacillating stock market narrative and how trying to divine the timing and magnitude of sector movements may be a fool’s errand. He examines how stocks have fared in similar elevated rate environments and how the inflation trajectory will likely be more impactful. He also makes the case for locking in current bond yields and to consider longer-dated maturities. He offers some counsel to younger investors by examining the trading habits of millionaire investors and how savings rates influence wealth creation more so than returns.
Disclosure: Holding investments for the long term does not ensure a profitable outcome. Sector investments are companies engaged in business related to a specific sector. They are subject to fierce competition and their products and services may be subject to rapid obsolescence. There are special risks associated with investing with bonds such as interest rate risk, market risk, call risk, prepayment risk, credit risk, reinvestment risk, and unique tax consequences. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. The Bloomberg US Aggregate Bond Index is a broad-based flagship benchmark that measures the investment grade, US dollar-denominated, fixed-rate taxable bond market. Inclusion of indexes is for illustrative purposes only. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transactions costs or other fees, which will affect actual investment performance.
A year after Russia invaded Ukraine, we look at the financial impacts the war has had. Where did the initial headlines drive the markets and what are the tangible impacts (financially) now that we’ve normalized the war.
Simon Hamilton, Portfolio Manager and Managing Director, notes the rapidly changing market narrative and how most recently markets are pricing in incrementally more rate hikes from the Fed. He talks about harnessing emotions in such a volatile environment and how it is important to not play the “regret game”, rely on stock tips from the media, or chase past performance. He also offers a few thoughts on the U.S. debt ceiling and some historical stock market return figures.
As the consensus grows for a soft economic landing, so does the consensus for lower returns going forward. This week we discuss that while the economic data continues to be reasonably good, the market may have already priced in good outcomes and leaves little room for improvement.
Simon Hamilton, Portfolio Manager and Managing Director, cautions against leaning too much into the rapidly shifting “soft landing” narrative as well as the reversal of last year’s defensive stock outperformance over growth. He suggests that investors should maintain proper portfolio balance rather than chasing the latest sentiment trends. He also offers some thoughts on historical relationships between multiples and Fed policy and comments on this week’s interest rate hike.
This week we build the case for a soft landing in the economy, which may be looking more possible, but point out the reasons why that doesn’t mean it’s back to the races for the stock market.
This week, Simon Hamilton, Managing Director and Portfolio Manager, discusses the difference between mean reversion and a change in trend and how we are not likely experiencing a sustainable resurgence in growth stocks, nor a new bull market. He does suggest that certain reversions such as the nascent recovery of Emerging Markets could have legs. He also looks at the compounding power of dividends, what really drives stock prices over long periods of time and what could happen if we do not in fact get a recession this year.
Recent data has reinforced the case for a soft landing in the economy and the recent inflation and employment readings has made the term Goldilocks a cliché.
On this week’s podcast, we talk about what’s led to the popularity of that term and really how much has the market discounted of the economy today.
Simon Hamilton, Managing Director and Portfolio Manager, notes the folly of forecasts and how humility is appropriate here in 2023. He looks back at the terrible market year that was, encourages listeners to not invest by looking in the rearview mirror, and offers a “laundry list” of potential outcomes and market happenings that he feels have a better than 50/50 chance of unfolding going forward.
After a quick look at how 2022 ended we talk this week about what to look for each month in 2023.
This week, we look at numerous reasons why both the economy and the markets are likely to worsen. However, in the spirit of the season, we also share some reasons that are present and could parachute us to a soft land. For 2023, we can dismiss the outlying scenarios but also we won’t model for either extreme.
Simon Hamilton, Managing Director and Portfolio Manager, discusses how, once again, the Fed dashed investors’ hopes for a less hawkish policy stance and actually upped their rate hike forecast. He reviews the markets’ reaction, how to think about stocks and bonds, and considers the historical precedent for two consecutive down years. He also discusses the folly of making and listening to market forecasts and multiple reasons why it makes sense to refresh one’s estate plan.
Given the backdrop of another fading rally off recent lows, Simon Hamilton, Managing Director & Portfolio Manager, wonders if investors might have become too optimistic. Market focus will likely shift from all Fed, all the time, to concern regarding the health of corporate earnings. He discusses how balance sheet quality will become increasingly important and how it is unlikely that the success of growth stock-fueled passive investing will reassert anytime soon. It is an appropriate time to think about what levels of return are realistic going forward.
The Fed may be approaching a pivot in their monetary policy and we’re looking at conditions that also call for a pivot in long term allocation goals in portfolios. On this week's show Chase Hinderstein, Portfolio Manager, talks about what has taken us to this point in the cycle and what that means for value opportunities and risk premiums in different asset classes, as we start to shift a bit between them.
Simon Hamilton, Managing Director & Portfolio Manager, discusses how the strategies and investments that worked best a year ago are in most cases the worst faring today and the trend may continue for some time to come. He peaks into 2023 and offers a reasonable base case for the stock market. Simon also answers some common questions about the current state of the fixed-income markets and how investors should be paying attention to significantly higher yields.
This week was a wake up call to the euphoric dreams of last week and the recent rally. We believed that the rate of interest rate increases would slow and this period of tightening was near an end. We saw good inflation data and the market believed the future was bright. We saw the Russians pull out of Kherson and some believed that the war was entering a stage of moderating, maybe negotiating, maybe winding down. We believed that China was moving away from the Covid lockdowns and they’d catch up with the West in their reaction to the pandemic and allow more robust economic activity, then we got evidence that called all of this into question.
Simon Hamilton, Managing Director, discusses this week’s better than expected inflation (CPI) reading as well as a likely mid-term election outcome different than what most pundits expected. He offers some of the investment implications. He also attempts to answer the question: is it better to invest in stocks or bonds at this point given higher yields and the potential for recession?
Lots of economic data and the Fed both raising interest rates and the expectations for where the ceiling may be brought with it a lot of market volatility. This week we breakdown what happened and what it means, as well as a couple of items that aren’t under the Fed’s control and may provide some relief.
The Dow Jones Industrial Average (DJIA), commonly known as “The Dow” is an index representing 30 stock of companies maintained and reviewed by the editors of the Wall Street Journal. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. The NASDAQ composite is an unmanaged index of securities traded on the NASDAQ system.
Simon Hamilton, Managing Director, discusses the recent bifurcation in the market and how the “average” stock is doing better than the indexes. He looks at the poor performance of the traditional 60/40 portfolio this year and how returns could well be more attractive in years to come. He also reviews how investors often assume a direct correlation between recessions and further market losses but the historical record is mixed.
Inflation is like cancer, and the treatment has terrible side effects. On this week's podcast, we discuss inflation and the worsening housing market and warn against chasing rallies caused by surges in short selling.
The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market.
Simon discusses the history of The Wise Investor Group and the client benefits of the move to Raymond James. In light of it being the best performing sector in the S&P this year, Simon examines 8-10 facts/realties with respect to the energy sector (mostly in terms of supply-demand dynamics) to suggest that it could be a promising place to invest, even if prices are dragged down by short-term economic concerns.
The market has experienced some sharp rallies recently, on the heels of worsening economic news, only to see the gains erased when positive signs come along. On this week's podcast we look at some of the recent economic news, how it points to a deepening recession, and why the market does better lately when it's bad news. Also, we're joined by Matias Rodlauer, Client Service Associate, who reviews how different companies have measurable pricing power and how that affects their stock prices.