112 episodes

Lagniappe is a weekly podcast from Stokes Family Office. Join Doug and Greg each week for an entertaining look at current news, personal finance, brotherly banter, and whatever else is on our minds!

Lagniappe Stokes Family Office

    • Business
    • 4.9 • 28 Ratings

Lagniappe is a weekly podcast from Stokes Family Office. Join Doug and Greg each week for an entertaining look at current news, personal finance, brotherly banter, and whatever else is on our minds!

    Another Reminder to Ignore the Forecasts

    Another Reminder to Ignore the Forecasts

    While the debt doomers circle, we’ll examine why no one is good at forecasting and why widely acceptable notions of cross-asset correlations are wrong. We’ll also focus on the market's strengths and discuss the incredible power of America’s dollar, wages, and efficient energy output.

    Key Takeaways

    [00:17] - Inflation Update + shelter’s outsized effect

    [06:33] - Disinflation + the debt-doom loop

    [09:40] - The power of the US: the Dollar, our wages, energy production

    [13:36] - The incredible efficiency of modern oil/energy markets

    [15:09] - What’s happened recently when the SP has broken a positive trend line

    [16:16] - The surprising market reaction to Iran’s missile attack


    Links

    Bilello: The Start of a Correction (March CPI Data)

    Apartment List National Rent Report (April)

    Grannis: Moderate growth and disinflation still alive and well

    Weniger: A massive wage arbitrage has opened between the US and its competitors

    USA has switched from large importer of oil & gas to a significant exporter

    Carmel: We're not in a 1970s-style oil-inflation spiral

    Detrick: S&P 500 broke the trend line from late October. What’s next?

    Carmel: We are objectively terrible at forecasting rates

    Roche: Why savers are in hog heaven


    Connect with our hosts

    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.

    • 24 min
    CPI Day! Inflation, EVs, and Masters Picks

    CPI Day! Inflation, EVs, and Masters Picks

    New CPI data is here, and the economy continues to run hotter than the market was expecting. What does that mean for the Fed cuts we’ve been talking so much about? And are we now in a position to be more accommodative if the market does stall? All of that, plus global parenting trends and our hopes for Tiger at Augusta. 

    Key Takeaways

    [00:17] - CPI Day + Will they or won’t they make cuts?

    [05:20] - The inflationary impacts of insurance costs

    [11:24] - Trump’s SPAC & the return of meme/bitcoin

    [16:45] - EVs + the future of self-driving

    [19:10] - Why the U.S. economy has yet to break

    [25:48] - Parenting data + Masters picks


    Links

    Stocks hit by Fed-pivot rethink as oil climbs

    $DJT share price “is back to the level it debuted at on March 26th

    US sees missile strike on Israel by Iran, proxies as imminent

    The average price of a used Tesla has declined 21 months in a row

    Peccatiell: With all the rate hikes, why hasn’t the U.S. economy broken?

    Parenting has become far more intensive in most developed countries


    Connect with our hosts

    Doug Stokes

    Greg Stokes

    Stokes Family Office


    Subscribe and stay in touch

    Apple Podcasts

    Spotify

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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.

    • 29 min
    The Scoreboard Looks Good After the First Quarter

    The Scoreboard Looks Good After the First Quarter

    We’ll react to Jerome Powell’s post-Quarter 1 comments and look at inflation and the economy related to oil/gas, real estate, and commodities prices. We’ll then look at strong financial numbers coming out of Mexico and prognosticate what a bright future could look like with our Southern neighbors as a main manufacturing partner. We’ll finish by joining the national narrative on Caitlin Clark, LSU, and the rise of women’s hoops. 

    Key Takeaways

    [00:17] - A big picture view after quarter 1

    [06:35] - Inflation risks as the price of commodities increases

    [09:51] - The interesting parallel between oil/gas and real estate 

    [14:32] - Recovery #s for SBF & Madoff clients 

    [15:50] - Mexico unemployment down, peso up

    [19:07] - The golden rule of compounding


    Links

    Timmer: After falling a modest 2.8% in '23, earnings are expected to grow 9% in '24

    1st time since Q3 of 2022 that Tesla has delivered under 400,000 units in a quarter

    Housel: the % of hedge funds & mutual funds that did worse than investing with Madoff

    Bilello: never interrupt compounding unnecessarily

    Women’s Final 4 ticket prices are twice that of the men’s 


    Connect with our hosts

    Doug Stokes

    Greg Stokes

    Stokes Family Office


    Subscribe and stay in touch

    Apple Podcasts

    Spotify

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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.

    • 24 min
    Creating Wealth Through Long-Term Holds

    Creating Wealth Through Long-Term Holds

    We’ll start with the flurry of current event news, from the Baltimore Bridge to Trump’s new SPAC. We’ll then look at the FOMO effect of positive markets and discuss how long-term holds can be a time-tested tool to grow your wealth.

    Key Takeaways

    [00:17] - Trump’s Truth Social SPAC

    [03:53] - Baltimore bridge tragedy

    [08:00] - Historic data after 5-month wins streaks & the start of bear markets 

    [11:23] - Wealth creation through long-term holds

    [17:26] - Financial conditions and American energy efficiency are soaring


    Links

    Trump’s Truth Social starts trading with a market value near $6.8 billion after SPAC deal

    Baltimore Key Bridge collapses after ship collision

    Cocoa prices hit $10,000 per metric ton for the first time ever

    The S&P 500 is about to be up 5 months in a row

    Detrick: buying fear is historically a strong idea

    Yale School of Mgmt: On the Nature of Long-Term Holds

    Scott Grannis: Financial Conditions Look Excellent

    Grannis: U.S. energy efficiency has soared


    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.

    • 23 min
    The Roaring 20s Minus the Vibes

    The Roaring 20s Minus the Vibes

    We’re beginning to sound like a broken record as we record each week coming off more market highs. We’ll discuss how Crypto has roared back after making it through multiple speculative cycles. We’ll also review the positivity that comes with broader market participation. We’ll then examine why you can’t have the debt conversation without also looking at assets and end with the effect of inflation on America’s housing market. 

    Key Takeaways

    [00:17] - One of history’s longest bull runs continues

    [02:53] - Crypto, and conversations about Crypto, are back

    [07:48] - The increasing breadth of the S&P 500

    [11:03] - Is this the Roaring 20s minus the vibes?

    [14:10] - Space launches, AI productivity, and optimism for the future 

    [15:55] - Looking at assets along with debt

    [22:42] - Inflation’s effect on new real estate coming online


    Links

    Detrick: Returns mostly driven by earnings over longer periods

    Today's Cryptocurrency Prices by Market Cap

    All-Star Charts: the broadening of market participation

    Carlson: comparing today with the Roaring 20s

    Carlson: Households are growing their assets faster than liabilities

    Ten Global Trends Every Smart Person Should Know

    US Dollar Index


    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.

    • 30 min
    The Historic Rally Continues

    The Historic Rally Continues

    With the markets at all-time highs and earnings rising in tandem, we’ll look at why and how the narrative changed so drastically over the last 6 months. Plus, we’ll discuss recession risks being taken off the table with commercial real estate rebounding and the Fed having lots of room to make cuts.  

    Key Takeaways

    [00:17] - One of the greatest 19-week rallies ever

    [02:12] - The recession narrative has changed over the last 6 months

    [06:27] - Earnings growth of the S&P 500

    [12:30] - Rebounding CRE prices and more positive economic signs

    [18:10] - More troubles for the airline industry 


    Links

    Detrick: We're in the middle of one of the greatest 19-week rallies ever

    Inverted yield curve no longer reliable recession flag, strategists say

    Roche: Inflation is still in a downtrend

    APOLLO: commercial real estate prices are starting to recover

    Scary moments on recent Boeing flight

    Statistical summary of commercial jet airplane accidents


    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.

    • 24 min

Customer Reviews

4.9 out of 5
28 Ratings

28 Ratings

baudirbekakcjcueb ,

Great Show!!

Incredible financial commentary. Love the travel advice too!

Fiend1962 ,

Awesome

Awesome show , very informative

Memphis Made ,

Easy Listening + Learning

Doug and Greg do a great job of informing us of what’s going on across the world and making it easy to understand. Highly recommend for anyone curious about the economy as these guys are clearly experts.

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