Please text and tell us what you like What if you could make trading decisions without emotion clouding your judgment? Join us as we sit down with Adrian Reid from Enlightened Stock Trader, who reveals the secret ingredients for trading success in 2025. Adrian's unique approach focuses on systematic strategies that prioritize models over market noise, incorporating factors like momentum, size, and volatility. Learn how he strategically excludes European markets to focus on regions with the best ...
Dec 05, 2024•1 hr 5 min
Please text and tell us what you like Clem Miller and Steve Davenport discuss President-Elect Trump’s transactional approach to resolving thorny international conflicts, such as with the Russia-Ukraine conflict, in the Middle East conflict, or with China-Taiwan. Will Trump abandon or downgrade long-standing relationships with NATO or other allies as he makes foreign policy deals? Is Trump likely to be successful in bringing regional adversaries like Russia and Ukraine, or Israel and Iran, to the...
Nov 20, 2024•43 min
Please text and tell us what you like Steve Davenport and Clem Miller discuss President-Elect Trump’s domestic agenda: deportations, tariffs, taxes, and energy. Will Trump have a durable Congressional majority to enact his policies? What can he do by Executive Order? Will he squander too much political capital on distractions or retribution? Even if his policies are enacted, what would be their true economic impact? Won’t deportations of employed immigrants, and broad-based tariffs lead to reces...
Nov 20, 2024•41 min
Please text and tell us what you like Surprised by the recent election results? You're not alone. Despite widespread economic discontent, Trump's resounding victory over Kamala Harris left many, including us, scratching our heads. Join Clem Miller and me, Steve Davenport, as we unpack the implications of this political shift and explore how the economy, especially inflation, played a pivotal role in shaping voter sentiment. We dive into the cyclical nature of political power and discuss the publ...
Nov 11, 2024•21 min
Please text and tell us what you like How do Europe’s strict regulations ripple through Silicon Valley? Join us on Skeptic's Guide to Investing as Steve Davenport and Clem Miller unpack the labyrinth of European regulations reshaping the landscape for US tech behemoths. Discover how the Digital Markets Act is poised to level the playing field, forcing giants like Alphabet, Apple, and Meta to reassess their global strategies. Learn about the daunting hurdles posed by the General Data Protection R...
Nov 01, 2024•39 min
Please text and tell us what you like In today’s episode, Steve and Clem discuss (and debate) the idea of replacing a portion of your bond holdings with a satellite portfolio of assets that that may offer a superior combination of yield and inflation resistance. We consider the fact that inflation, while moderating significantly, is far from conquered. We also wonder if Fed rate cuts might actually prompt a return to higher inflation. Last, we wonder if we’re overdue for a sizable equities corre...
Nov 01, 2024•31 min
Please text and tell us what you like What happens when a seasoned business traveler trades in short visits for a month-long immersion in Japan? Join us as Clem Miller unravels his captivating journey through the Land of the Rising Sun, offering a rich blend of personal anecdotes and cultural insights. From Tokyo's bustling streets to Kyoto's serene temples, Clem paints a vivid picture of Japan's unique juxtaposition of modernity and timeless tradition. Discover how a society renowned for techno...
Oct 18, 2024•41 min
Please text and tell us what you like Unlock the secrets behind China's economic strategies and arm yourself with essential insights for cautious investing. Join me, Steve Davenport, alongside Colm Miller, as we dissect the enigmatic world of China's economic policies and the challenges investors face in navigating these murky waters. Our conversation promises a thorough examination of the complex landscape, exploring how China's recent focus on bolstering local retail investor confidence throug...
Oct 18, 2024•34 min
Please text and tell us what you like Is the AI market a ticking time bomb or a goldmine waiting to be tapped? Join us as Clem Miller helps dissect the current AI landscape, paralleled with the tech boom of 2000, and clarifies whether companies like Nvidia are the kings of the hill or just on a temporary pedestal. We’ll also explore the strategic pivot towards robust defensive stocks—think healthcare and consumer staples—as a buffer against market volatility. Plus, we're challenging the buzz aro...
Sep 25, 2024•33 min
Please text and tell us what you like Are factors really the essential building blocks of investment portfolios, or is it just clever marketing? In this episode of Skeptic's Guide, Clem boldly challenges the widespread belief in factor investing by arguing that individual stocks themselves are the true fundamentals. Clem dissects the unpredictable nature of factor performance and critiques the simplistic construction of factor ETFs. While he acknowledges the utility of certain factors like beta ...
Sep 25, 2024•30 min
Please text and tell us what you like Can Kamala Harris’s debate performance really sway undecided voters? On this episode of Skeptic's Guide to Investing, Frazer Rice, author of Wealth Actually, joins us to break down the high-stakes debate between Kamala Harris and Donald Trump. Alongside Clem Miller and Steve Davenport, Frazer dissects Harris's strategies, her ability to maintain composure, and the overall entertainment value of the debate. Our conversation moves beyond the theatrics to exami...
Sep 12, 2024•1 hr
Please text and tell us what you like What can we expect for the stock market for the rest of 2024? Discover how the U.S. elections, inflation, the economy, and Federal Reserve actions intertwine to influence market trends for the rest of 2024. Join hosts Steve Davenport and Clem Miller as we consider the recent flat trend and high daily volatility. We consider the electoral landscape: the excitement building around Harris as potentially the first woman president, the latest polling numbers, the...
Sep 04, 2024•20 min
Please text and tell us what you like What if the key to understanding the Israeli-Palestinian conflict lies not in politics but in human connections? Join us on this episode of Skeptic's Guide to Investing as Steve and Clem unravel the geopolitical and economic threads of recent Middle East turmoil. We'll explore the motivations behind Israeli leadership, the role of Hamas and Hezbollah, and the potential for a ceasefire, all while maintaining a focus on the humanity that bridges Israelis and P...
Sep 04, 2024•38 min
Please text and tell us what you like Prepare to demystify the complexities of the national debt with our esteemed guest, Steve Gattuso, CFA, Chief Investment Officer at Courier Capital. This episode of Skeptic's Guide to Investing promises to shed light on how the national debt has reached nearly $35 trillion and what this means for our economic future. Steve uses relatable analogies to break down the difference between deficit and debt, while also discussing the significant impact of mandated ...
Aug 21, 2024•59 min
Please text and tell us what you like Is the American political landscape ready for a seismic shift? Join us as we examine how Kamala Harris's decision to bring Tim Walz onboard as her vice-presidential candidate has transformed the 2024 election into a clash of populist titans against Trump and Vance. Harris, once seen as an institutionalist, now embraces a populist strategy, with Walz's relatable and vibrant personality adding a unique charm to the ticket. We’ll dissect the implications of thi...
Aug 07, 2024•39 min
Please text and tell us what you like What if the financial industry’s most revered investor made a move that seemed counterintuitive? Join us on the Skeptic's Guide to Investing as Steve Davenport and I dissect the surprising decision by Berkshire Hathaway to sell half of its Apple shares and reduce its Bank of America holdings. We dive into Berkshire's intricate dual business structure, balancing wholly owned insurance operations with expansive non-insurance investments, and speculate on possi...
Aug 07, 2024•21 min
Please text and tell us what you like Is your portfolio ready for the next market shake-up? Join Clem Miller and Steve Davenport on this episode of Skeptic's Guide to Investing as we unravel the mysteries behind recent market volatility and its potential link to an impending recession. We break down the wild swings in the S&P 500 and question what these movements really indicate about the broader economic landscape. From Warren Buffett’s strategic sale of Apple stock to the low liquidity iss...
Aug 07, 2024•30 min
Please text and tell us what you like Will a sudden change of candidates reshape the entire investment landscape? Steve Davenport and Clem Miller navigate the seismic political shifts that followed President Biden's unexpected withdrawal from the 2024 Presidential campaign. With Kamala Harris stepping up to the presidency, we delve into her qualifications, background, and the ripple effects this transition could have on investors and the broader political scene. We'll also touch on Trump's evolv...
Jul 24, 2024•56 min
Please text and tell us what you like Imagine a world where the very companies hired to protect us from cyber threats inadvertently cause massive disruptions. Today, Steve Davenport and Clem Miller discuss the staggering irony of a global IT outage ignited by a faulty software release from cybersecurity giant CrowdStrike. This episode promises to reveal the vulnerabilities in our digital infrastructure, using historical incidents like the SolarWinds and Target cyber attacks to illustrate the cri...
Jul 24, 2024•31 min
Please text and tell us what you like Unlock the secrets behind the intricate web of global energy politics with Steve Davenport and Clem Miller from Skeptic's Guide to Investing. How has the Ukraine-Russia conflict reshaped energy markets? Why is diversifying energy sources crucial for geopolitical stability? We pull back the curtain on U.S. energy policies under Trump, exploring the potential future of offshore drilling and the strategic role of nuclear energy. Discover the power plays of majo...
Jul 17, 2024•35 min
Please text and tell us what you like How could an assassination attempt on a former president change the course of the US elections? Join us on this episode of Skeptic's Guide to Investing as we navigate the chaotic and unpredictable landscape of the current US elections. We kick off by scrutinizing Joe Biden's recent debate performance and how questions regarding his age and competence are coming to the forefront. Then, we delve into the harrowing assassination attempt on Donald Trump and its ...
Jul 17, 2024•43 min
Please text and tell us what you like What can we expect of markets in the second half of 2024? Can AI sustain its explosive momentum, or are we on the brink of a bubble burst? This week on Skeptic's Guide to Investing, we dissect the meteoric rise of AI, focusing on NVIDIA’s dominance and the broader implications for investors navigating this tech frenzy. We’ll guide you through the landscape of AI-related investments, from the behemoths like Google and Microsoft to the higher-risk, ancillary p...
Jun 26, 2024•1 hr 10 min
Please text and tell us what you like Unlock the secrets to financial freedom with Dan Solin, author of "Wealthier: The Investing Field Guide for Millennials." In this episode, Dan demystifies investing, highlighting why time and compounding are your best allies in wealth-building. We discuss the importance of managing realistic savings expectations. Dan also puts to rest the myth that investing needs to be complicated, promoting simple, disciplined strategies like buy-and-hold investing with tw...
Jun 19, 2024•56 min
Please text and tell us what you like Do you wonder why a warehouse retailer such as Costco can have a similar valuation to that of AI chip giant NVIDIA? Get ready to uncover the surprising secrets behind Costco's market valuation with Steve Davenport and Clem Miller. We'll explore how Costco's consistent dividend growth and appeal to middle income consumers have driven its impressive stock performance. Despite its business model focusing on consumer savings, Costco's stock price raises compelli...
Jun 14, 2024•28 min
Please text and tell us what you like What if the recent political shifts in Europe could change your investment strategy? Join Steve Davenport and Clem Miller as they discuss the surprising results of the latest European Parliament elections. We discuss the significant move from left to right, the decline of the Greens and left-wing parties who emphasized climate change and sustainability, and the rise of right-wing groups focused on control of migration. Despite these changes, we explain how t...
Jun 14, 2024•35 min
Please text and tell us what you like Embark with us on a financial expedition through Asian markets. We are joined by Dr. James Thorne of Wellington-Altus Private Wealth, who guides us through a landscape rich with both promise and peril. We evaluate how Japan's strategic regional alliance with the U.S. and Australia, plus the sustained market reform tailwind from the Three Arrows of Abenomics, opens up new investment opportunities with Japanese firms. We also briefly consider India’s opportuni...
May 22, 2024•39 min
Please text and tell us what you like Embark on an expansive journey to travel through the economic and political landscape of Europe and the Middle East, including a foray into energy geopolitics, with the esteemed Dr. James Thorne and our seasoned co-hosts Clem Miller and Steve Davenport. We reflect on how the Russian invasion of Ukraine cut off the supply of cheap energy to European industries, damaging their competitiveness, and upended global energy markets. We highlight North America’s eme...
May 22, 2024•34 min
Please text and tell us what you like In this episode, Clem Miller and Steve Davenport address a key investor question: Just how actionable is the economists’ and strategists’ standard playbook of intense “Fed Watching”? Steve and Clem challenge the myopic view, reinforced by business media, that somehow the Fed is an all-seeing puppeteer controlling U.S. and global financial markets. Steve and Clem point out that for investors to make any money on Fed decisions depends on their being able to ma...
May 15, 2024•28 min
Please text and tell us what you like Prepare to peer into the crystal ball of technology's future as Clem Miller and Steve Davenport, dissect Alphabet's latest developer conference bombshell, the generative AI phenomenon Gemini. This episode reveals how Alphabet's AI brainchild is shaping up to be core to the evolution of Google Search, Android, and other Alphabet products, giving OpenAI a run for its money. We'll navigate the intricate dance of AI and hardware, examining Alphabet's budding all...
May 15, 2024•23 min
Please text and tell us what you like Unlock the secrets behind the meme stock madness. Steve Davenport and Clem Miller take a whirlwind tour through the rise and reign of stocks like AMC and GameStop, dissecting the cult followings these companies have garnered, thanks in part to mysterious Reddit icons such as Roaring Kitty. We contrast these phenomena with giants like Berkshire Hathaway, Tesla, and Nvidia, and ponder whether zeal among their investors brand them as semi-meme stocks. Delving d...
May 15, 2024•22 min
