Entering Year Two of the Bull Market with Tom Lee | TCAF 114
Вставка
- Опубліковано 1 лип 2024
- On episode 114 of The Compound and Friends, Michael Batnick and Downtown Josh Brown are joined by Tom Lee to discuss: earnings, the liquidity starved bull market, economic indicators, the Fed's next move, housing, and much more!
This episode is brought to you by Kraneshares. To learn more about their Global Luxury Index ETF (KLXY), visit: kraneshares.com/klxy/?adsourc...
Sign up for a free 30 day trial of FS Insight at: bit.ly/thecompound-fsinsight
More from Tom:
x.com/fundstrat
►00:00 - Intro
►02:49 - Markets
►10:33 - Second Year of the Bull Market
►14:21 - Cycles
►22:23 - Contrarian Indicators
►28:31 - Economic Strength
►35:30 - Inflation
►48:16 - PMIs
►54:58 - Technology's Potential
►01:00:49 - Fundstrat Granny Shots
►01:07:27 - Favorites
Sign up for The Compound newsletter and never miss out! www.thecompoundnews.com/subsc...
👕 Check out The Compound shop: www.idontshop.com
🎙️ Listen to our podcasts:
The Compound and Friends: link.chtbl.com/compoundandfri...
Animal Spirits: link.chtbl.com/animalspirits
Ask The Compound: link.chtbl.com/askthecompound
Instagram: / thecompoundnews
Twitter: / thecompoundnews
Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Josh Brown are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management.
The Compound Media, Incorporated, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here ritholtzwealth.com/advertisin.... Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.
Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: ritholtzwealth.com/podcast-yo...
#thecompound #stockmarket #tomlee - Розваги
This episode is brought to you by Kraneshares. To learn more about their Global Luxury Index ETF (KLXY), visit: kraneshares.com/klxy/?adsource=wealthcast
🎉🎉🎉
First I heard of this ETF
@@rlg222 Chinese FinOp
Tom Lee has such a slapable face. It's not his fault but hey there it is.
Tom Lee is an awesome guest, i've learned so much from his perspectives on the market during the last couple of years. Really pleased to see him on the Compound podcast.
He has made me thousands of dollars with his insights.
@@TWN321 He's given me the confidence to pursue a more bullish path over the last year and it's certainly helped my trades and helped my account grow. I have total respect for Tom Lee.
I read about someone someone who started with just $89k and made over $500k within about six months. I started investing recently myself, but I've lost a lot of money. How exactly do people make so much money in the stock market?
It's really not as difficult as many people presume it to be. It requires a certain level of diligence, which is something ordinary investors lack, and so a financial advisor often comes in very handy.
People underestimate how much they can make from the stock market. I started with $127k just before the pandemic hit. Many people's portfolios tanked, but I rode through with my financial advisor, and even made more than $86k within just five months of starting, and it's been an awesome ride since then.
Do you mind sharing info on the adviser who assisted you? I'm 39 now and would love to grow my stock portfolio and plan my retirement
I take guidance from 'Lisa Angelique Abel, a well qualified California-based wealth advisor with over a decade of experience, luckily her profile is widely visible on the internet, you should simply research.
When I curiously typed in her entire name to search online, I saw that her site was highly ranked and really professional. Thank you for sharing this; it has stoked my desire to achieve my objective again.
Someone please photoshop Tom's hair on Michael. It will make my TLT pain a little less 🙂
It's a long term play. Time to buy here
😂😂😂
I’ve been holding off on TLT all this time. Starting my position now that we’re at 5 in the long end.
😂
The best thing about Tom is he makes you think about data differently. IMO
YA!, it's called LYING, hahaha DONT try to think, just BUY gold!
Definitely differnt, what’s the word I’m looking for…. Oh ya…. Permabull 😂😂😂😂
@@camwalker1186Yet he's made more money this year than you'll ever make in your lifetime
@@mustang0619well since the beginning of the stock market, had the market permanently gone down? Use ya brain!!!!!
The wisest thing that should be on everyone's mind currently should be to invest in different streams of income that don't depend on the govt. Especially with the current economic crisis around the world
That's massive. Can you please connect me with your FA?
STEPHANIE KOPP MEEKS,...there you go!
I never questioned trading with *STEPHANIE KOPP MEEKS* when I first saw her POT [Proof of Trades]. I benefited a lot from it a year ago, and I'm doing more again this year.
Oh, my word! thanks for this.., feel really blessed to see this right now
Tom Lee for President. What a legend!!
And you will be yelling for his head when the S&P is back to 1500 in 2 years 😂😂😂
@@mustang0619 short the S&P big guy.
@@fringetravelideas been doing so since 4600. Good try though 😏
@@mustang0619 sure you are buddy, and you're also a billionaire not a complete looser.
@@fringetravelideas if I was a moron like you I would have decided to not look at the 2000 nasdaq which told me EXACTLY where to go long back last October and short when the nasdaq hit 14,200 lol. Stay poor though 😂😂😂
Great to have around a loud voice like Tom during these times when all mainstream is extremely catastrophic. It seems like it’s him vs the world but the fact that he’s still out there on top of mind shows how right his (their) analysis have been about the market. Hopefully they can keep it up for a long time. My best wishes for them.
What a great show. Once again with Tom. Thank you so much for having him over. You guys somehow make an awesome combination with him :-)
Tom's insights and analytics of what's going on in the world, are ALWAYS next level. And the Compound continues to be one of my all time favorite podcasts. Thank you Josh and Michael and the rest of the crew.
A really great show with Tom Lee, one of my favorite market analysts.
If Tom is one of your favorites, then he is one of my favorites.
@@cliffpeebles9705--We are two smart investors! 😆
Im a simple man, when Tom Lee speaks, I listen twice.
Tom Lee.. the best guest ever !!
second best, JC Parets is still number one
Nicole Samoroukova told us on Tuesday that we would love the the next TCAF episode. You nailed it girl!
Leave Nicole’s name out of your filthy mouth
Tom Lee is the best! And, despite his enduring optimism, he would make a great James Bond villain.
Best quote was around 52:15, that people expect the period following a recession to be a slow, nuclear winter type of recovery lasting a few years, but the 82 83 recovery was straight up. Tom Lee is like going to church. Keeping the faith.
I forget. What was the US debt/GDP ratio in 82/83 lol?
@@indianajones3315 Just looked it up; around 35%. About 117% now. But we are told not to worry about it. Nothing to see here.
It's like saying that in 1979... only this time a debt fueled expansion isn't coming 1982... this is the stupidity Gundlach warns is endemic in markets today...
@indianajones3315 yes, a debt fueled spending binge will bring us out of Recession, BEFORE the Recession, when we're running 8 PERCENT of GDP Deficits. Pure Hubris.
Perma-bull was right from 1980-2021 during that peiod the interest rate went from 18% to 2% the free money pushed the market sky high! But when the interest trend down from this point on we will start appreciate perma-bear!! It is all about the price of money 😮
I’m mostly in cash and waiting for this market to re-level on the reality of our situation. Or are there any ways I can avoid a crunch and maximize my savings of $250k? I know election years are positive for the stock markets about 90% of the time.
I think investors who are wary of changing market trends should seek out bear market directions from certified strategists/planners. Safer that way
No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.
that's a double up in two years, mind sharing info of the professional assisting you please? my problem is I do not just trust my guts anymore, times are uncertain now
Aileen Gertrude Tippy is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment
I checked this lady out of curiosity, found her webpage and i must say i am impressed by her Credentials. i emailed her already, waiting on her response.
Tom and Josh are the only two I listen to on CNBC
@@5milemacc737 I don’t watch TV. Only UA-cam clips
@@5milemacc737 I have heard Josh refer to that as "volume up people".
Thanks for the great content. Downtown and team absolutely rock. Even Stanley would approve.
Even I am bearish now, but I still love Tom and your show.
Tom Lee always delivers. Really insightful episode backed by excellent evidence when it’s so easy to take the other side. Modest guy also despite his success. More of these from Tom please. Thanks.
Another great show - Tom is such a great guest - thank you!
great interview. usually we see Tom for 2 mins but this deep dive opens up many aspects. Great job guys... relaxed with a sense of humor while asking the important questions.
Awesome show gents. Helps one remain even keeled, which is especially important to long term financial success. Invaluable & much appreciated 😊 We live in the greatest country in the World.
Don’t miss the Tom Lee episodes.
Tom Lee in a bear market is a little like Dr Strange showing up in End Game.
Tom Lee is always great! Thanks for a fantastic episode
I just finished the show and it was great! I’m definitely checking out the 30 day trial. Thanks guys!
Tom Lee as a guest is amazing.
As usual, great shown. In my opinion this is consistently one of the podcasts on the market. Please keep it up. Thank you.
Thanks! This is the most reasonable and thoughtful stock market conversation you’re going to find.
Bring it! Always great to have the GOAT/Tom Lee on the show. His stock list has crushed the S&P 500 every year since it started in 2019.
Tom Lee is The Man! Thank you for having him on the show!!!!
Glad you enjoyed, thanks for watching!
I generally enjoy this show but this week was exceptional. Thanks
Damn dude free 30 day trial of FS Insight that's not a bad deal tbh
You going to get bombed with countless emails. I singed up the last time Tom was on the show.
Excellent conversation, thank you guys!
I just found this channel. I’m loving it. I’m a Josh Brown fan and his common sense and facts based approach to investing.
Tom is great, his general feel and technical prowess, makes his point of view very valuable to investors.
Great show as usual guys
Another Great show. Tom Lee was a huge bonus. TY!
Tom and fundstrat always bring the heat. good stuff!
OMG, I love Tom Lee.
Gawd I love Tom Lee. Always a treat.
Josh you’re bracelets are giving me life right now.
I want to party with Tom. I feel like a pill in Ibiza would be the best weekend ever. Lol.
I absolutely love this! I recently found out about "The compound" don't know how I missed this but glad I figured out it exists. Love it!
Thanks for watching!
The GOAT Tom Lee 🐐🏆
w00t closed my shorts today, just in time for Tom Lee as guest! It's gonna be a great weekend!
Very smart guy. Love Tom's insights
Not gonna lie, i needed to hear such optimism. Coz for growth and momentum stocks, it s been a murder… $IWO
Perma-bear is an understatement for Tom. My lifelong experience tells me to do exactly the opposite of what people like Tom suggest I do. they are talking heads who's only goal is to move the market. They make money no matter which way the market moves. They only need it "to move" and not stagnate. Props to him and all the MMs. They rule the world. We Retail loosers just hope for a few scraps from the table.
Great show you guys, thank you so much… Josh enjoy vegas, I always listen to you and brother Lee on CNBC, thank so much Mike and Josh for inviting brother Lee… some great insights
Tom and Josh in top tier of their craft.
I love this guy, Tom has made me a ton of money this year. Very insightful.
Great conversation.. enjoyed it!!
Tom Lee for President!
Thank you for another great show
I mean this guy is the embodiment of the permabull argument. Yes, chart up and to the right. Like anything else, it works until it doesn't. And when it doesn't, the crash is sharp and swift, and that can devastate you if you're at the wrong stage of your life and recovery isn't immediate. Long periods of depression can occur, and right now many leading indicators are not looking great. Maybe it blows over, but the risk is real and should be hedged for.
The two best parts of CNBC having a long form conversation?
Count me in!
Great episode. Appreciate Tom’s insights.
Great episode and Michael did great on the questions in this episode.
Excellent video ! thanks for that 👍🏼
Wow!! Tom on the show!!
Tom Lee is the Goat of Stock Market Analysis
Great episode! Thanks
What a nice surprise to see Tom Lee on your show! Love that guy!
Thanks Casey!
Tom Lee = GOAT
Granny shots, I learned something new.
Goat Lee 🐐
Agree or disagree, how can you not like, Tom Lee..
Great show.. I love your guys content.. it's so much better than the BS main stream media that all provide the same news.. actually learn stuff every episode.
It is rare to hear positive perspectives these days from media love to see Tom Lee to have different perspectives
My favorite guest!
Great to have Tom .
Thanks for watching!
Great show guys! Love Tom Lee the goat!
great show guys, learnt a lot..thankyou
Tom Lee is the GOAT
this was good talk listened through all
great show. thanks
Tom Rocks ❤
ALWAYS love hearing you speak Tom Lee.. You are the best!! I'm hoping you are back to give ur opinions before Big Tech earnings kicks off!!! (also wanted to say that there seem to be sooo many people prob in 30's buying software algorithms and w/o looking at anything else a beep goes off & they buy & then another one they sell.. I see them all over you tube as well as have met some. They do not understand the stock market but they know how to use these software programs & it is irritating to me & i would guess all other investors. I
between them & powell being fixated on 2% like a dog on a bone & of course could go on for hours with my opinion .. macro eco wars on & on but i will spare you as you are too intelligent for my rant!!!
This is the hopium I needed. Oh to have money during the 11 year bull market
I would call Tom Lee an idol! ❤
Loved the episode guys! Im new here, but Ive been watching Tom Lee and Josh brown for over a year on CNBC. Josh Brown Im a new investor as of 2 years ago. I be been watching you for a while and i thought you were a perma bear for a while and then figured out you're not. Your just smart lol.
ANET IS one of my holdings. I enjoyed the confirmation bias Tom Lee!
Highly informative interview
Tom's the man !
Tom Lee isn’t a hopium Bull. He backs his sentiment with well thought out analysis.
Those two things aren't mutually exclusive.
great interview...he is so smart...thank you!
Another good show.👍
Average person: I’m bearish.
Tom Lee: So actually even if the sun were to explode, instantly vaporizing earth then that would be bullish and let me lay out all the reasons why.
Flashlight battery sales would really increase.
good show thanks
Good nab Tom. Last year I flew from Thailand London, paid $350 for front-row ticket to the Eagles. Worth every penny!
Tom is brilliant and in touch with reality on many levels.
The 🐐 Tom Lee 🫡
Very interesting content, as usual. Thank you.
Thanks for watching!
TOM !!!!
I love Tom Lee. Data driven and bullish when it makes sense. Haters are always going to hate. Always be a contrarian in the stock market. 🚀🚀🌙🌙🌙
Great show.
By far the best episode yet. Thanks!
Party On with THE COMPOUND AND FRIENDS! 🥳🥳🥳🥳🥳🥳🥳✌️✌️✌️✌️✌️
Haha nice to see you Midwest
@@WongInvests You too Wong ! 🥳🥳🥳🥳✌️✌️✌️✌️✌️✌️👊👊👊👊👊👊👊👊👊
I like Tom Lee!