First Trust ROI Podcast Ep 47 | Bob Carey | Cataracts and Cadillacs…Unpacking Equity Market Trends | ROI Podcast
Jun 2, 2025
Bob Carey, Chief Market Strategist at First Trust, shares his insights on how the aging baby boomer population influences equity markets. He critiques outdated investment strategies and champions a year-round approach instead of seasonal ones. Carey explores the complexities of tariffs and their impact on market stability, especially in technology sectors. He also discusses the transformative role of AI in healthcare, and how the Federal Reserve's policies affect inflation and smaller companies, offering a rich tapestry of economic insights and future trends.
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Aging Demographics and Birthday Cards
- Bob Carey shares a vivid observation about aging demographics and birthday cards for centenarians.
- This anecdote illustrates the significance of the aging baby boomer generation on markets and society.
Valuations Reflect Demographics and Yields
- Lower bond yields and higher stock valuations over 25 years reflect demographics and interest rates.
- Valuations and yields move hand in hand, influenced by long-term economic shifts.
Avoid Selling in May
- Don't blindly follow "sell in May and go away"; seasonal market dips are smaller than perceived.
- Staying invested avoids tax costs and missing market gains during summer months.