May 1, 2018
Welcome back to Talking Stocks Over a Beer.
This earnings season is proving to be quite spectacular. The S&P 500 is growing earnings at a staggering 23% year-over-year—blowing away estimates of 17% earnings growth.
But there’s a problem: It seems Mr. Market might have anticipated this growth. Despite the monster earnings, stocks are down.
On today’s podcast, I’ll break down the math behind this season’s earnings—and more importantly, how you should be thinking about the impact to your portfolio.
I have two guests on today’s podcast. First, former NFL linebacker Chad Cascadden joins me to discuss the NFL draft. He also tells me how playing for legendary coach Bill Belichick helped him become a better investor.
Then, professional short seller Rob McArthur shares what he’s focusing on in today’s market environment, and how recent stock movement could be signaling trouble around the corner.
Be forewarned: this episode is lengthy. You might want to listen in two parts.