Exploring the relationship between stock market returns and declining interest rates, and questioning the sustainability of high returns in the stock market. Also discussing the predictive power of economic sentiment on GDP growth and the labor market.
Ricky Mulvey caught up with Jules van Binsbergen, a finance professor at the University of Pennsylvania’s Wharton School, to talk about market sentiment, savings goals, and how to prepare for periods with lower rates of return. They also discuss:
- Disconnects between the real economy and financial markets,
- Whether the US stock market is merely a “lucky survivor,”
- And the dangers of institutional thinking – in investing and academia.
Tickers discussed: NOK, BTC
Host: Ricky Mulvey
Guest: Jules van Binsbergen
Producer: Mary Long
Engineer: Rick Engdahl
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