The Compound and Friends cover image

The Compound and Friends

The Magnificent 7 Is a Bubble

Feb 16, 2024
01:22:00
Snipd AI
Financial expert Richard Bernstein joins Michael Batnick and Downtown Josh Brown to discuss the magnificent 7 compared to past bubbles, bitcoin as a sentiment indicator, the Fed's predicament, the case for international stocks, and more!
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Podcast summary created with Snipd AI

Quick takeaways

  • De-globalization could lead to higher inflation and interest rates as countries become more self-sufficient and reduce competition.
  • Emerging markets may offer better investment opportunities due to the relationship between venture capital and emerging markets, as well as the potential for positive surprises in earnings growth.

Deep dives

The potential impact of de-globalization on inflation and interest rates

De-globalization could lead to higher inflation and interest rates as countries become more self-sufficient and reduce competition.

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