The Investopedia Express with Caleb Silver Separating Facts vs. Feelings as Investors
Nov 10, 2025
Ryan Detrick and Sonu Varghese from Carson Wealth join the discussion on market dynamics. They dig into the contrasting feelings vs. facts in investing, focusing on how recent stock gains are more about profit growth than just optimism. The duo emphasizes the need for diversification as international markets outperform the U.S. They also explore the significance of AI in driving returns and highlight the resilience and adaptability of the market in uncertain times. Expect insights on the future as they anticipate continued growth.
AI Snips
Chapters
Transcript
Episode notes
Host Missed Flight During Shutdown
- Caleb missed a flight due to the government shutdown and noted widespread travel disruptions.
- He connected those operational problems to consumer sentiment plunging to nearly all-time lows.
Profits, Not Just Hype, Drove Recent Gains
- Much of recent market gains are driven by profit growth rather than pure optimism or multiple expansion.
- That profit growth gives more durable support to equity returns than a sentiment-driven bubble would.
AI Spending Hasn't Yet Created Broad Jobs
- Massive AI-related capex and deal-making have created concentrated economic activity without broad job gains so far.
- That disconnect raises questions about sustainability despite big company valuations like NVIDIA.