As investors contemplate the significance of the Dow hitting 40,000, they are wondering about the market’s next moves.

In this episode, Ryan Detrick, Chief Market Strategist at Carson Group & Sonu Varghese, VP, Global Macro Strategist at Carson Group, chat about the Dow reaching 40,000, the implications for investors, and the broader market sentiment. They also touch on the current state of inflation, analyzing recent reports and their implications for the economy.

Ryan and Sonu discuss:

• The milestone of the Dow reaching 40,000 and its historical significance
• The role of earnings growth and market multiples in driving the recent market rally
• The importance of momentum and breadth in the current market rally
• The outlook for the stock market given the current economic indicators and historical trends
• The latest inflation reports and their impact on the market
• The Fed’s target for core PC inflation and market expectations
• 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

Discover the vision and strategy behind Carson Group’s evolution as Burt White steps into the role of CEO!

In this episode, Ryan Detrick, Chief Market Strategist at Carson Group & Sonu Varghese, VP, Global Macro Strategist at Carson Group, sit down with Burt White, CEO at Carson Group, to explore the company’s direction under his leadership and the legacy of service excellence they aim to uphold.

Together they discuss:

• Burt’s recent appointment as CEO and the seamless transition of leadership within Carson Group
• The concept of ‘Peak Service’ and how Carson Group is redefining service standards in the wealth management industry
• The importance of client-focused metrics and the impact of small business ethos on financial advice
• The dynamic partnership between Burt and Ron Carson, highlighting their complementary strengths and shared vision for the company
• And more!

Resources:

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

Connect with Burt White:

• LinkedIn: Burt White

Connect with Ryan Detrick:

• LinkedIn: Ryan Detrick
• X: Ryan Detrick

Connect with Sonu Varghese:

• LinkedIn: Sonu Varghese
• X: Sonu Varghese

About Our Guest:

A prominent voice and advocate for the independent advisor, Burt White is Chief Executive Officer at Carson Group. He helps steer the company’s strategic focus as a member of Carson’s executive board.

Drawing on decades of industry experience, Burt augments and elevates the firm’s opportunities for growth across corporate and investment strategies. He works with Carson’s investment team to build and deliver an investment ecosystem that drives growth for the firm’s 140+ partners, who collectively manage $30 billion in assets.

Burt’s excitement to redefine how our industry talks about wealth shines through in his work. He believes adaptability is a superpower and is highly motivated to innovate, pioneer and deliver forward-thinking industry thought-leadership.

Burt is passionate about making a meaningful impact in the lives of clients and advisors. Given that passion and his unique talent for client storytelling, he is well equipped to help our advisors best serve clients and generate new business.

Carson Group Founder and Chairman Ron Carson calls Burt a visionary in the industry who understands where the profession is and where it needs to go.

Before joining the Carson team, Burt served for 14 years as Managing Director and Chief Investment Officer at LPL Financial. There, he fostered the development and evolution of LPL’s capabilities to effectively support advisor efficiency and growth.

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

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 inception
• The 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 players
• The impact of geopolitical factors on the tech industry, particularly in relation to Chinese tech companies and the U.S. market
• The importance of embracing different perspectives, including bearish views, to gain a comprehensive understanding of the tech market’s trajectory
• Blockchain technology and its potential use cases beyond cryptocurrency prices
• And 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 Ives
• X: Dan Ives

Connect with Ryan Detrick:

• LinkedIn: Ryan Detrick
• X: Ryan Detrick

Connect with Sonu Varghese:

• LinkedIn: Sonu Varghese
• X: 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 trends
• The resilience and growth of the job market contrary to skeptical viewpoints
• Debunking the myth of part-time employment dominating new job growth
• The performance of GDP and GDI and its implications for investors
• The nuances of inflation and its current trajectory in the economy
• 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

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 firm
• The significance of Tesla in the context of artificial intelligence and its competitive advantages
• Her perspective on GDP growth expectations and historical technology waves
• Her view on Bitcoin as a monetary revolution
• The possibility of introducing more ETFs
• Her insights on the future of coding
• Her advice for young women in finance, focusing on knowledge, performance measurement, and staying focused on long-term goals
• The rapid growth and future valuation of disruptive innovation in equity markets
• And 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 Wood
• X: Cathie Wood
• Website: ARK Invest

Connect with Ryan Detrick:

• LinkedIn: Ryan Detrick
• X: Ryan Detrick

Connect with Sonu Varghese:

• LinkedIn: Sonu Varghese
• X: Sonu Varghese

About 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.