Facts vs Feelings with Ryan Detrick & Sonu Varghese Carson Investment Research

Market volatility is a constant companion for investors, but understanding the underlying economic indicators can provide a clearer path forward.
How do we interpret the recent market pullback? What do the surging yields and inflation data tell us about the future economic outlook?
In this episode, Ryan Detrick, Chief Market Strategist at Carson Group & Sonu Varghese, VP, Global Macro Strategist at Carson Group, explore the recent market pullback, the surge in yields, and what these indicators mean for the economy. They dive into the reasons behind the market’s behavior, the impact of inflation data, and the Federal Reserve’s potential actions.
Ryan and Sonu discuss: 
The recent market pullback and its implications for investorsThe surge in bond yields and what it signals about economic growth expectationsThe role of inflation data in shaping market sentiment and Federal Reserve policiesThe potential long-term impact of current economic trends on market performanceAnd more!
Resources:
Any questions about the show? Send it to us! We’d love to hear from you! factsvsfeelings@carsongroup.com Connect with Ryan Detrick: 
LinkedIn: Ryan DetrickX: Ryan DetrickConnect with Sonu Varghese: 
LinkedIn: Sonu VargheseX: Sonu Varghese

Discover the transformative power of AI as we explore its impact on the tech industry and beyond!
This week on the Facts vs Feelings podcast, Ryan Detrick, Chief Market Strategist at Carson Group & Sonu Varghese, VP, Global Macro Strategist at Carson Group, chat with Dan Ives, Managing Director, Equity Research at Wedbush Securities. 
They dive into the long-term implications of AI, the comparison between the current tech transformation and historical moments, and the potential of AI to drive unprecedented growth in various sectors.
Dan discusses:
The significance of AI in driving the next wave of technological advancement, likening it to the internet’s inceptionThe role of major tech companies like Nvidia and Microsoft in leading the AI revolution and the potential for smaller, innovative companies to emerge as key playersThe impact of geopolitical factors on the tech industry, particularly in relation to Chinese tech companies and the U.S. marketThe importance of embracing different perspectives, including bearish views, to gain a comprehensive understanding of the tech market’s trajectoryBlockchain technology and its potential use cases beyond cryptocurrency pricesAnd more!
Resources:
Any questions about the show? Send it to us! We’d love to hear from you! factsvsfeelings@carsongroup.com Connect with Dan Ives: 
LinkedIn: Dan IvesX: Dan IvesConnect with Ryan Detrick: 
LinkedIn: Ryan DetrickX: Ryan DetrickConnect with Sonu Varghese: 
LinkedIn: Sonu VargheseX: Sonu Varghese

About Our Guest:
Daniel Ives is a Managing Director and Senior Equity Research Analyst covering the Technology sector at Wedbush Securities since 2018. Dan has been a tech analyst on Wall Street for over two decades covering the software and the broader technology sector. He spent the first few years of his career as a financial analyst at HBO and then received his MBA in Finance before becoming a globally known technology equity research analyst and Managing Director with FBR Capital Markets for 16 years, focusing on the enterprise software/hardware sectors including cyber security, cloud computing, big data technology, and the mobile landscape. A major area of his research focus is electric vehicles and disruptive technology over the next decade.
Dan is a highly sought-after tech expert around the world, has been a keynote speaker across the US, Europe, and Asia, and regularly makes television appearances on networks such as CNBC, Bloomberg, BBC, NBC, CBS, ABC, CNN, and Fox News to provide commentary related to his technology expertise. Dan can be heard regularly doing radio on the tech sector for Bloomberg, ABC News, NPR, BBC, and other radio broadcasts throughout the US, Europe, and Asia. Dan is often cited globally by publications such as The Wall Street Journal, USA Today, Investor’s Business Daily, Chicago Tribune, NY Post, Los Angeles Times, The Telegraph, San Francisco Chronicle, Time Magazine, The Washington Post, The Guardian, South China Morning Post, Barron’s, The Times of London, Financial Times, The Sydney Morning Herald, and New York Times, among many others.

With the bull market we have had for several months now, it is normal for some to have doubts about its continuation. 
What can we expect for the markets? How is the economy doing and why should investors consider it?
In this episode, Ryan Detrick, Chief Market Strategist at Carson Group & Sonu Varghese, VP, Global Macro Strategist at Carson Group, dive into the stock market's performance amidst economic indicators and Federal Reserve policy considerations. They navigate through employment growth, GDP, inflation, and inflation expectations, illuminating how these factors influence market sentiment and investor strategies.
Ryan and Sonu discuss: 
Updates on the stock market and what we can expect based on historical trendsThe resilience and growth of the job market contrary to skeptical viewpointsDebunking the myth of part-time employment dominating new job growthThe performance of GDP and GDI and its implications for investorsThe nuances of inflation and its current trajectory in the economyAnd more!
Resources:
Any questions about the show? Send it to us! We’d love to hear from you! factsvsfeelings@carsongroup.com Connect with Ryan Detrick: 
LinkedIn: Ryan DetrickX: Ryan DetrickConnect with Sonu Varghese: 
LinkedIn: Sonu VargheseX: Sonu Varghese

In a world where technology rapidly reshapes the landscape of industries, disruptive innovation stands at the forefront of this transformation. It challenges the status quo, propels economies forward, and redefines what is possible. 
As we dive into the minds of those who navigate these territories, we gain invaluable insights into the future of finance, investment, and the global economy.
In this episode, Ryan Detrick, Chief Market Strategist at Carson Group & Sonu Varghese, VP, Global Macro Strategist at Carson Group, sit down with Cathie Wood, CEO and CIO of Ark Invest, to explore the intricacies of disruptive innovation, the significance of technical analysis in investment strategies, and the potential underestimation of GDP growth due to technological advancements. Cathie Wood shares her bullish perspective on Bitcoin and emphasizes the importance of female leadership and coding in the future of finance.
Cathie discusses: 
Her motivation for starting ARK Invest and the unique approach of the firmThe significance of Tesla in the context of artificial intelligence and its competitive advantagesHer perspective on GDP growth expectations and historical technology wavesHer view on Bitcoin as a monetary revolutionThe possibility of introducing more ETFsHer insights on the future of codingHer advice for young women in finance, focusing on knowledge, performance measurement, and staying focused on long-term goalsThe rapid growth and future valuation of disruptive innovation in equity marketsAnd more!

Resources:
Any questions about the show? Send it to us! We’d love to hear from you! factsvsfeelings@carsongroup.com Connect with Cathie Wood: 
LinkedIn: Cathie WoodX: Cathie WoodWebsite: ARK InvestConnect with Ryan Detrick: 
LinkedIn: Ryan DetrickX: Ryan DetrickConnect with Sonu Varghese: 
LinkedIn: Sonu VargheseX: Sonu VargheseAbout Our Guest:
Cathie Wood registered ARK Investment Management LLC (“ARK”) as an investment adviser with the U.S. Securities and Exchange Commission in January 2014. With over 40 years of experience identifying and investing in innovation, Cathie founded ARK to focus solely on disruptive innovation while adding new dimensions to research. Through an open approach that cuts across sectors, market capitalizations, and geographies, Cathie believes that ARK can identify large-scale investment opportunities in the public markets resulting from technological innovations centered around DNA sequencing, robotics, artificial intelligence, energy storage, and blockchain technology. As Chief Investment Officer (“CIO”) and Portfolio Manager, Cathie led the development of ARK’s philosophy and investment approach and has ultimate responsibility for investment decisions.
Prior to ARK, Cathie spent twelve years at AllianceBernstein as CIO of Global Thematic Strategies where she managed over $5 billion. Cathie joined Alliance Capital from Tupelo Capital Management, a hedge fund she co-founded, which in 2000, managed approximately $800 million in global thematic strategies. Prior to her tenure at Tupelo Capital, she worked for 18 years with Jennison Associates LLC as Chief Economist, Equity Research Analyst, Portfolio Manager and Director. 

"Inflation is on a glide path lower." Neil Dutta from RenMac LLC shares his thoughts with us today on Facts vs Feelings, offering a fresh perspective on the current economic landscape. Despite a rocky start in January, there's a sense of optimism in the air.
In this episode, Ryan Detrick, Chief Market Strategist at Carson Group & Sonu Varghese, VP, Global Macro Strategist at Carson Group discuss economic insights with Neil Dutta, Head of Economics, RenMac LLC. Neil challenges the consensus on slowing economic growth and dismisses long and variable lags in monetary policy. The trio also explores the role of real-world indicators, the impact of commodity shocks, and the Federal Reserve's actions on the economy. They delve into entrepreneurship, productivity, and the potential of AI in investing.
Neil discusses: 
The economy and fiscal responsesReal-world indicators of economic activityCurrent market conditions and economic indicatorsConcerns about lack of positioning for upside risk scenariosPotential impact of AI on productivity and investingAnd more!
Resources:
Any questions about the show? Send it to us! We’d love to hear from you! factsvsfeelings@carsongroup.comTalking Macro with Neil Dutta (Ep. 47)Live on Leap Day with Facts vs FeelingsRenMac PodcastConnect with Neil Dutta: 
Renaissance Macro ResearchLinkedIn: Neil DuttaConnect with Ryan Detrick: 
LinkedIn: Ryan DetrickConnect with Sonu Varghese: 
LinkedIn: Sonu Varghese

About Our Guest:
As Head of Economic Research, Neil Dutta leads RenMac’s macroeconomic research efforts, with an emphasis on analyzing the US economy, Federal Reserve, global trends, and cross-market investment themes. Prior to RenMac, Neil spent seven years at Bank of America-Merrill Lynch. There, he was a Senior Economist covering both the United States and Canada.
Neil appears frequently in the financial press, representing the firm on Bloomberg, CNBC, and Fox Business. He has been quoted by the Wall Street Journal, Financial Times, Associated Press, and has been featured in the New York Times for his out-of-consensus economic views on a host of topics including employment, consumption, inflation, and housing.
A business economist with 2 decades of sell-side experience, Neil graduated Cum Laude from New York University with a bachelor’s degree, double majoring in Economics and Political Science.
In his spare time, Neil tries to entertain his three kids. When he is not at his desk, or with his kids, Neil is traveling somewhere with his wife, Puja. The couple currently resides in New Jersey after spending many years in Brooklyn.

Over the last 20 weeks, we have seen a huge rally in the stock market, led by tech stocks like Nvidia, which has led some to believe that we are in a bubble. 
Is that true?
In this episode, Ryan Detrick, Chief Market Strategist at Carson Group & Sonu Varghese, VP, Global Macro Strategist at Carson Group, dive into whether the market is truly in a bubble, suggesting that diversification is crucial as earnings growth shows resilience. The conversation also covers interest rates, Japan’s economy, inflation, and the impact of defense spending on the economy, hinting at potential future increases in defense investment.
Ryan and Sonu discuss: 
Whether the current market situation is a bubbleJapan's shift from negative interest rates to 0.1% and its connection to wage growth and inflationPrediction and analysis of potential interest rate cuts by the Federal ReserveCPI, core inflation, shelter impact, and food inflationThe low defense spending and its impact on the economyStrong labor market, income, and consumptionAnd more!
Resources:
Any questions about the show? Send it to us! We’d love to hear from you! factsvsfeelings@carsongroup.com Connect with Ryan Detrick: 
LinkedIn: Ryan DetrickX: Ryan DetrickConnect with Sonu Varghese: 
LinkedIn: Sonu VargheseX: Sonu Varghese