Only Halfway Through the Bull Market
Courtesy of The Reformed Broker
Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including:
- What if 2020 was 1987? – The events of 2020 did not derail the current secular bull market from 2013.
- Apple’s Monopoly – “I believe that, when you get to sufficient size, regulation is good.”
- Crypto Crash – Another 50% drawdown brings another test of hodlers’ collective faith.
- No More Cold Calls – Merrill Lynch executives say that less than 2% of cold calls are answered to begin with.
- Live Events – “We’re just seeing demand beyond any other historic moment.”
- Earnings Revisions – 2021 U.S. earnings have already been revised up to $196 from $175 per share.
- Borrowing For Free – “If I can borrow at ~3% to invest in companies paying dividends of 5-6%, why wouldn’t I?”
- Buying the Haystack – How much diversification is too much diversification?
And much more!
Josh and Michael (and Ben) use YCharts when creating visuals for this show, as well as for many aspects of their business.
Check out the Goldmine podcast to hear more from Michael, Josh and the rest of the Ritholtz Mafia.
