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On today’s show we discuss:
- Fidelity’s data snafu
- Jeremy Siegel on the possible return of inflation
- Poverty levels kept in check by The CARES Act
- Home prices in the burbs are soaring
- Corporate profits tend to V at this level
- The new Saved By the Bell
- Day trading around the world
- A garbage portfolio
- Stocks might not be cheap, but this is not a bubble
- Grantham says it is a bubble
- What to do when the $600 runs out
Listen here:
Charts:
Tweets:
With the stock market suddenly becoming rattled again, don't forget your history.
The 100 largest U.S. stocks are worth more than the entire rest of the developed world combined.
The only other time we saw this was…oh. pic.twitter.com/HYYPgmsQw5
— Jeff Weniger (@JeffWeniger) June 16, 2020
This is a KILLER chart, showing how technology companies are churning out money at a pace that every other industry combined cannot match. pic.twitter.com/9CWjYLwfwJ
— Robin Wigglesworth (@RobinWigg) June 19, 2020
The Fed needs a Robinhood account pic.twitter.com/OOcueRvMxh
— Athanasios Psarofagis (@tpsarofagis) June 19, 2020
