Facts vs Feelings with Ryan Detrick & Sonu Varghese

Is This Really Happening? (Ep. 94)

Jul 24, 2024

Ryan Detrick & Sonu Varghese discuss travel chaos, market trends, and historical parallels. They touch on IT outages, inflation data, bullish market indicators, and the impact of Biden stepping down from elections. Topics include economic vulnerabilities, PCE inflation data, consumer and industrial strength, and significant rallies in the Russell 2000 and S&P 500.

45:39

Episode guests

Ryan Detrick

Sonu Varghese

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Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Ongoing airline IT disruptions unveil systemic vulnerabilities impacting travel experience and technology reliance.

Historical election patterns from 1968 provide insights into market reactions and dynamics post-2024 elections.

Deep dives

The Impact of the 2024 Election on Markets and Economy

Advisors and clients need to be informed about the potential effects of the upcoming 2024 election on markets and the economy. Historical market trends after elections and the expectations from the markets are key points to consider.

Intro

2min

Systemic Risks in Financial Software Usage

4min

Analyzing Political Events of 1968

3min

Historical Events of 1968 and Current Market Analysis

11min

Analysis of Small Caps Momentum and Portfolio Diversification

3min

Analyzing Economic Indicators and Consumer Trends

21min

Anticipation for an Upcoming Podcast Episode with a Unique Guest

3min

Market chaos and travel nightmares might seem unrelated, but they both reveal deeper systemic issues and opportunities.

How do travel disruptions reflect broader economic vulnerabilities? What historical parallels can we draw to understand current market trends?

In this episode, Ryan Detrick, Chief Market Strategist at Carson Group & Sonu Varghese, VP, Global Macro Strategist at Carson Group, discuss their recent travel challenges due to the massive IT outage, inflation data, and bullish market indicators. They also touch on the impact of President Biden stepping down from the elections, as well as consumer and industrial strength.

Ryan and Sonu discuss:

How a major IT upgrade by CrowdStrike disrupted the world on Friday
The implications of President Biden stepping down from the elections and historical parallels with 1968
Upcoming PCE inflation data and its potential impact on future rate cuts
Current bull market signals, highlighting significant rallies in the Russell 2000 and S&P 500
Insights into economic data, inflation trends, and consumer behavior
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:

Connect with Sonu Varghese:

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Facts vs Feelings with Ryan Detrick & Sonu Varghese

Is This Really Happening? (Ep. 94)

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

The Impact of the 2024 Election on Markets and Economy

Travel Challenges and IT Disruptions

Analyzing Historical Election Patterns

Economic Resilience and Future Expectations

Remember Everything You Learn from Podcasts