Interview recorded - 6th of February, 2023
On todays episode of the WTFinance podcast I had the pleasure of speaking with Sam Burns, Founder & Chief Strategist at Mill Street Research.
During our conversation we spoke about Sam's thoughts on the market, how we could have had a market bottom, what indicators Sam is currently watching, why earnings won't be as bad as everyone thinks and why it is the time to put on some risk. I hope you enjoy!
0:00 - Introduction
0:28 - Sam's thoughts on the market
1:00 - ‘Sentiment extremes reverse’
2:45 - Why does Sam think he is bullish?
5:40 - Why is credit so bullish?
6:34 - What will happen in 6-12 months?
8:50 - Any chance of a secular shift?
12:00 - Bottom in the US equity market
14:00 - Long bonds in the coming years?
15:30 - Earnings the current driver of markets?
18:02 - What are analysts currently thinking at the moment?
20:46 - Is the negative trend the same speed?
24:00 - One message to take away from our conversation?
Sam Burns, CFA founded Mill Street Research, LLC as an independent research provider. He has served as the Managing Member and Chief Strategist since the company’s inception in February 2016.
Sam has over 20 years of experience as a market strategist, providing analysis and commentary to institutional investors globally.
Prior to founding Mill Street Research, Sam worked as a senior strategist at leading firms on Wall Street, including:
■ Oppenheimer & Co.
■ Brown Brothers Harriman
■ State Street Global Markets
■ Ned Davis Research
Sam graduated from Vanderbilt University with a B.A. in Economics, and completed his M.B.A. in Finance at the University of Texas at Austin. In his free time, he enjoys playing golf, hiking, reading, and TV and movies.
Sam Burns -
Website - https://www.millstreetresearch.com/
Twitter - https://twitter.com/MillStResearch
LinkedIn - https://www.linkedin.com/in/sam-burns-cfa-53a51a4/
WTFinance -
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas