The art of stock picking is a skill that can lead to significant rewards for those who master it.

How does one sift through the noise to identify undervalued gems? What does it take to maintain a long-term perspective in a market driven by short-term sentiments?

In this episode, Ryan Detrick, Chief Market Strategist at Carson Group & Sonu Varghese, VP, Global Macro Strategist at Carson Group, sit down with Eddy Elfenbein, Portfolio Manager, to explore his journey as a well-known stock picker. They dive into several topics, such as Eddy's approach to selecting stocks, his ETF, thoughts on macroeconomic trends, and the importance of being optimistic about the stock market.

Eddy discusses:

• The thrill and challenges of being a true stock picker in an era dominated by passive investing
• The evolution of his career, from sharing stock picks on his blog to managing an ETF with a unique fulcrum fee structure
• The importance of simplifying complex market concepts and the dangers of Wall Street’s tendency to overcomplicate
• Insights into the macroeconomic picture, exploring employment rates, nominal GDP growth, the strength of the labor market, and interest rates
• And more!

Resources:

• Any questions about the show? Send it to us! We’d love to hear from you! factsvsfeelings@carsongroup.com

Connect with Eddy Elfenbein:

• X: Eddy Elfenbein
• Website: Crossing Wall Street

Connect with Ryan Detrick:

• LinkedIn: Ryan Detrick
• X: Ryan Detrick

Connect with Sonu Varghese:

• LinkedIn: Sonu Varghese
• X: Sonu Varghese

About Our Guest:

Eddy Elfenbein is a passionate and dedicated individual who has devoted his career to helping investors navigate the stock market.

He is the founder of a website, Crossing Wall Street, where he shares his unbiased views on the market.

Eddy believes in the power of the stock market as the most consistently successful way to make money over the long term. He is a firm advocate of the ‘buy and hold’ strategy, emphasizing the importance of investing in outstanding companies.

His goal is to help people avoid common investing mistakes and become successful investors.

In addition to his website, Eddy also manages an Exchange Traded Fund (CWS) based on his Buy List.

Staying on top of market trends and reviewing investment strategies is crucial for investors looking to optimize their portfolios.

What does May look like historically when we look back on previous years?

In this episode, Ryan Detrick, Chief Market Strategist at Carson Group & Sonu Varghese, VP, Global Macro Strategist at Carson Group, discuss the current state of the market, exploring what to expect in May and the factors influencing its direction. Additionally, they touch on GDP, inflation, and the Fed.

Ryan and Sonu discuss:

• The significance of the “Sell in May and go away” strategy and its relevance to the current market conditions
• The impact of GDP numbers on market perception and the reality behind these statistics
• The Fed’s favorite measure of inflation and anticipated interest rate policies.
• The role of consumer spending and investment in driving economic growth
• And 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 Detrick
• X: Ryan Detrick

Connect with Sonu Varghese:

• LinkedIn: Sonu Varghese
• X: Sonu Varghese

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 investors
• The surge in bond yields and what it signals about economic growth expectations
• The role of inflation data in shaping market sentiment and Federal Reserve policies
• The potential long-term impact of current economic trends on market performance
• And 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 Detrick
• X: Ryan Detrick

Connect with Sonu Varghese:

• LinkedIn: Sonu Varghese
• X: Sonu Varghese