Lagniappe Stokes Family Office

As economic data continues to show softness, we predict what that means for rate cuts potentially coming this summer. We’ll look at oil prices and discuss why whether you’re making business or vacation plans, the stability of prices is so important across the economy. Plus, airline travel and car sales are back!

Key Takeaways

[00:18] - Is the economy telling us that rate cuts are coming? 

[05:01] - The tailwinds from dropping oil prices 

[11:26] - Do higher rates add to inflation?

[17:50] - Travel is back!

[22:58] - Cars are back, too?


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Links

Rieder: Very positive data for the Fed’s mandate

Berger: "The Great Stay" continued in April

Grannis: Tight money hasn’t hurt corporate profits

Grannis: Charts with a message

Zaccardi: Corporate bankruptcies in the US are tapering off

Roche: Higher rates do not add to inflation

Memorial Day travel: flying like it’s going out of style

Auto sales in May highest since April 2023.


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Doug Stokes

Greg Stokes

Stokes Family Office


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Disclosure
The information in this podcast is educational and general in nature and does not take into consideration the listener's personal circumstances. Therefore, it is not intended to be a substitute for specific, individualized financial, legal, or tax advice. To determine which strategies or investments may be suitable for you, consult the appropriate, qualified professional prior to making a final decision.

NVIDIA is officially the financial story of the year so far, and we’ll look at what it means for the economy as a whole and the future of AI. And with advancements in tech, we’ll examine how that affects data usage and why commodities, not technology, might be the discussion point for the next decade.

Key Takeaways

[00:17] - NVIDIA is the story of the year

[05:12] - Is NVIDIA the Cisco of today?

[10:50] - The trial and error of AI

[15:42] - Energy usage today + a commodity supercyle incoming?

[24:41] - What are Americans’ true sentiments on the economy?


View Transcript

Links

Nvidia now worth more than all German stocks put together

Nvidia’s share of data center compute market has grown from about 15% five years ago to circa 80% today

Goldman: Peak oil demand is still a decade away

Oddlots - Goldman’s Jeff Currie: it’s a commodities supercycle

Majority of Americans wrongly believe US is in recession – and most blame Biden


Connect with our hosts

Doug Stokes

Greg Stokes

Stokes Family Office


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lagniappe.stokesfamilyoffice.com


Disclosure
The information in this podcast is educational and general in nature and does not take into consideration the listener's personal circumstances. Therefore, it is not intended to be a substitute for specific, individualized financial, legal, or tax advice. To determine which strategies or investments may be suitable for you, consult the appropriate, qualified professional prior to making a final decision.

As we head into Memorial Day Weekend, we’ll touch on some of the biggest headlines including Trump’s Media company woes and an endless shrimp promotion leading to bankruptcy for Red Lobster. And with the bears dropping out of the conversation, we’ll look at forecast grades for industry experts and how long-term optimism plays into the equation. 

Key Takeaways

[03:25] - Trump Media hardships

[06:37] - Red Lobster and the Endless Shrimp Investigation

[09:52] - The business of weight loss

[12:45] - Grading gurus and optimists over the long term

[19:33] - Inflation update: rent + auto prices 


Links

Trump Media, valued at $7 billion, booked less than $1 million in first-quarter sales

Red Lobster: The endless shrimp investigation

WSJ: Red Lobster gets stung by endless shrimp

Hims & Hers rallies after launching affordable Wegovy alternatives

Nestlé launches frozen food brand aimed at weight-loss drug users

JP Morgan's Kolanovic is the last prominent bear as Mike Wilson folds

CXO Advisory’s guru grades

Detrick: Why is better inflation data coming?


Connect with our hosts

Doug Stokes

Greg Stokes

Stokes Family Office


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lagniappe.stokesfamilyoffice.com


Disclosure
The information in this podcast is educational and general in nature and does not take into consideration the listener's personal circumstances. Therefore, it is not intended to be a substitute for specific, individualized financial, legal, or tax advice. To determine which strategies or investments may be suitable for you, consult the appropriate, qualified professional prior to making a final decision.

As markets hit all-time highs again, we’ll look at shelter being the key driver of inflation. We’ll also touch on Roaring Kitty, meme stocks, and why you can’t gamble on the markets. We’ll finish with the Scottie Scheffler story and take a look at the future of EVs and fossil fuel consumption.

Key Takeaways

[02:41] - Shelter continues to be the main inflation driver 

[08:05] - Who is Roaring Kitty + gambling on the markets

[12:48] - Scottie Scheffler arrest story

[15:27] - The decline of Bird Scooters + Apple Vision Pros

[18:18] - Electric vehicles & improving tech/techniques for fossil fuels


Links

Zandi: harmonized core CPI inflation (from the BLS) and harmonized core PCE inflation

Roche: Shelter will continue to be the main driver of inflation in the coming year.

Davey Day Trader

Scottie Scheffler arrested before PGA Championship Round 2


Connect with our hosts

Doug Stokes

Greg Stokes

Stokes Family Office


Subscribe and stay in touch

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lagniappe.stokesfamilyoffice.com


Disclosure
The information in this podcast is educational and general in nature and does not take into consideration the listener's personal circumstances. Therefore, it is not intended to be a substitute for specific, individualized financial, legal, or tax advice. To determine which strategies or investments may be suitable for you, consult the appropriate, qualified professional prior to making a final decision.

We jump into a conversation we recently had about the inverted yield curve and what it means as a recessionary signal plus, why the charlatans and doom-and-gloomers continue to pop up. We’ll then take a trip down memory lane, via stats and stories, about what investing was like in the early 2000s and what it’s like at all-time highs. We’ll finish with a reminder that although the short term can feel long, it’s important to contextualize and focus on the long term. 

Key Takeaways

[00:18] - The inverted yield curve + bank deposit rates

[05:07] - Recession charlatans + are there any reliable market signals?

[11:27] - Investing at all-time highs and in the early 2000s

[18:37] - Focusing on the macro/long-term


Links

Timmer: Maybe the 0.5% bank deposit rate has something to do with the lack of economic response

At JPMorgan, the nation's largest bank, net interest income dropped 4% from the previous quarter, falling for the first time in 11 quarters

Don’t take investment advice from Robert Kiyosaki

Cardone: WARNING: Stock Market is due for 50% correction taking S&P below 2674

Zaccardi: Investing at all-time highs isn't so bad


Connect with our hosts

Doug Stokes

Greg Stokes

Stokes Family Office


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lagniappe.stokesfamilyoffice.com


Disclosure
The information in this podcast is educational and general in nature and does not take into consideration the listener's personal circumstances. Therefore, it is not intended to be a substitute for specific, individualized financial, legal, or tax advice. To determine which strategies or investments may be suitable for you, consult the appropriate, qualified professional prior to making a final decision.

As earnings and economic growth deliver above expectations, the market is digesting new information from Jerome Powell and the Fed that rate cuts aren’t coming soon. We’ll look back at the last 30 years of returns and ahead to the next 10 years of prices, discuss offshoring jobs, and give bond market and inflation updates.

Key Takeaways

[00:19] - Fed Day breakdown

[05:07] - April brought a much-needed market reset

[09:16] - Looking back at the last 30 years' returns + what to expect over the next 10

[16:50] - The efficiency of offshoring jobs

[24:51] - Bond market + inflation updates


Links

YTD we see 10 of 11 sectors are higher, with cyclical areas like energy, industrials and financials leading the way

So far, in Q1, the #EPS surprises have been the highest since 2021 with the dispersion of results elevated

Did you know the S&P 500 was up 9 of the past 10 years in May?

30 Years of financial market returns

Prices 10 years from now

Faber: I'm so bullish on US stocks I think you should invest most of your money here

The lagging components of the inflation basket


Connect with our hosts

Doug Stokes

Greg Stokes

Stokes Family Office


Subscribe and stay in touch

Apple Podcasts

Spotify

Google Podcasts

lagniappe.stokesfamilyoffice.com


Disclosure
The information in this podcast is educational and general in nature and does not take into consideration the listener's personal circumstances. Therefore, it is not intended to be a substitute for specific, individualized financial, legal, or tax advice. To determine which strategies or investments may be suitable for you, consult the appropriate, qualified professional prior to making a final decision.