Earnings & Expectations
Why are earnings up way more than the stock market this year? The post Earnings & Expectations appeared first on A Wealth of Common Sense. ...
Finance
A Wealth of Common Sense.
Ben Carlson on investing, markets, and financial decision-making.
Recent essays
30 of 121Is Buying a House Now a Bad Investment?
Housing is not an investment. The post Is Buying a House Now a Bad Investment? appeared first on A Wealth of Common Sense. ...
Animal Spirits: Why Baby Boomers Have All the Money
On today's show we discuss the bull market in earnings, the bear case for AI, defining the AI bubble, the 1987 crash, the best AI hedge, why the labor market remains strong, consumers keep spending money, luxury real estate is booming, why old people are so we…
Why Smart People Make Dumb Decisions
Elizabeth Holmes and the power of self-deception. The post Why Smart People Make Dumb Decisions appeared first on A Wealth of Common Sense. ...
Talk Your Book: Beyond Bonds in Retirement
On today's Talk Your Book we speak with Matt Kaufman from Calamos about generating income in your portfolio outside of bonds, alternative yields sources, how to spend more money in retirement, creating a sustainable withdrawal strategy and more. The post Talk…
What If This is the Worst Time to Retire?
I talked to Christine Benz about the many challenges involved in retirement planning. The post What If This is the Worst Time to Retire? appeared first on A Wealth of Common Sense. ...
Talk Your Book: Investing in Single Stock Futures
On today's Talk Your Book we speak with Tim McCourt of CME Group about how single stock futures work, 23/5 trading hours, leverage, hedging and much more. The post Talk Your Book: Investing in Single Stock Futures appeared first on A Wealth of Common Sense. ..…
Markets Are Always Different This Time
How markets have evolved. The post Markets Are Always Different This Time appeared first on A Wealth of Common Sense. ...
How I Think About Investing in Bonds
I bought some bonds. The post How I Think About Investing in Bonds appeared first on A Wealth of Common Sense. ...
Animal Spirits: It’s a Bloodbath
On today's show we discuss AI debt concerns, Coreweave's Rocky IV moment, the 2020s appetite for risk, the Railway boom analogy, carnage under the surface of the stock market, the average stock this year, valuations are falling everywhere, how the stock market…
Tech People Don’t Know What’s Going to Happen Either
Why it's so hard to predict the AI future. The post Tech People Don’t Know What’s Going to Happen Either appeared first on A Wealth of Common Sense. ...
Talk Your Book: The Case for Value and Momentum
Today’s Talk Your Book is brought to you by Victory Capital: To learn more about Victory Capital click here: www.vcm.com On today’s show, we discuss: Why value and momentum can be complementary factors How buffering rebalances can help keep turnover low compar…
15 Year Stock Market Returns
When to expect lower stock market returns. The post 15 Year Stock Market Returns appeared first on A Wealth of Common Sense. ...
What’s the Right Level of Interest Rates For the Economy?
A historical look at the importance of interest rates. The post What’s the Right Level of Interest Rates For the Economy? appeared first on A Wealth of Common Sense. ...
Hedging the AI Trade
Diversifying stock market concentration. The post Hedging the AI Trade appeared first on A Wealth of Common Sense. ...
Animal Spirits: Are Higher Rates Worse Than ZIRP?
On today's show we discuss stock market concentration worries, how to hedge AI market risk, maxing out your 401k, who got richer this decade, AI is crowding out the economy, tariffs didn't work, higher rates are crushing the housing market, why people love par…
Is It Time to Rebalance Your Portfolio?
It's time to rebalance your portfolio. The post Is It Time to Rebalance Your Portfolio? appeared first on A Wealth of Common Sense. ...
Talk Your Book: Will AI Debt Cause a Recession?
Today’s Talk Your Book is brought to you by JP Morgan: To learn more about the JPMorgan Strategic Income Opportunities Fund click here: https://am.jpmorgan.com/us/en/asset-management/adv/products/jpmorgan-strategic-income-opportunities-fund-i-4812a4351 On toda…
Betting on Hope
Why people make longshot bets. The post Betting on Hope appeared first on A Wealth of Common Sense. ...
The Winners & Losers of Higher Interest Rates
Why higher interest rates are a problem. The post The Winners & Losers of Higher Interest Rates appeared first on A Wealth of Common Sense. ...
Better Investment Right Now: Stocks or Bonds?
Should you have 100% of your portfolio in stocks? Should you have 100% of your portfolio in bonds? The post Better Investment Right Now: Stocks or Bonds? appeared first on A Wealth of Common Sense. ...
Animal Spirits: Sudden Wealth Syndrome
On today's show we discuss what can stop the hyperscalers from spending, why the stock market is neat all-time highs again, speedball capitalism, how capex cycles work, it's a high beta decade, how to lie with statistics, young people are going to be fine, the…
The Rich Are Getting Richer. So Is Everyone Else
Americans are extraordinarily rich. The post The Rich Are Getting Richer. So Is Everyone Else appeared first on A Wealth of Common Sense. ...
Talk Your Book: How Higher Rates Are Re-shaping Commercial Real Estate
On today's Talk Your Book we speak with Jerry Baglien from Benefit Street Partners about investing in real estate, higher mortgage rates, the office bear market, how higher rates impact returns and more. The post Talk Your Book: How Higher Rates Are Re-shaping…
The Biggest Risk Everyone Already Knows About
"If past history was all that is needed to play the game of money, the richest people would be librarians." -Warren Buffett The post The Biggest Risk Everyone Already Knows About appeared first on A Wealth of Common Sense. ...
Why is Consumer Sentiment so Low?
Why you can't trust sentiment surveys anymore. The post Why is Consumer Sentiment so Low? appeared first on A Wealth of Common Sense. ...
Where is the Stock Market Volatility?
Why haven't higher bond yields hurt the stock market yet? The post Where is the Stock Market Volatility? appeared first on A Wealth of Common Sense. ...
Animal Spirits: Will Higher Rates Kill the Stock Market
On today's show we discuss the stock market has an excuse to sell off, valuations are falling across the board, the cause of the next correction, 5% bond yields, the worst bond market of all-time, incomes are rising, the wealth effect is real, AI personal assi…
A Brutal Bond Market
The worst bond market of the past 50 years. The post A Brutal Bond Market appeared first on A Wealth of Common Sense. ...
Talk Your Book: The Next Generation of Income Strategies
On today's Talk Your Book we speak with Mike Laughlin from Janus Henderson about the mechanics of autocallable and stability notes, how these options generate income, the risks and trade-offs of structured income ETFs and more. The post Talk Your Book: The Nex…