This is Jack’s guest appearance on the Behind The Markets Podcast with Jeremy Schwartz, Chief Investment Officer of WisdomTree, and Jeremy Siegel, renowned finance professor at Wharton and senior economist to WisdomTree. The trio tackle the labor market, the stock market, the interest rate sensitivity of the three segments of the U.S. economy (households, businesses, and the government), as well as the banking system, which Jack shares his thoughts on in some depth. Recorded on September 1st, 2023.
Original episode on Behind The Markets: https://podcasts.apple.com/us/podcast/behind-the-markets-podcast-jack-farley/id1194707802?i=1000626532544
Jeremy Siegel’s book, “Stocks for the Long Run 5/E: The Definitive Guide to Financial Market Returns & Long-Term Investment Strategies”: https://www.amazon.com/Stocks-Long-Run-Definitive-Investment/dp/0071800514
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Timecodes:
(00:00) Introduction
(04:58) Money Supply & Other Monetary Aggregates
(07:21) Bond Market
(08:42) Jack's Question For Professor Siegel About Non-Farm Payrolls
(12:30) Professor Siegel's Short-Term Modestly Bullish View On Stocks
(15:29) Stocks And The Economy
(19:39) Interest Rate Sensitivity Of American Households
(28:24) Jack's Views On Banking System
