26 min listen
Investing in the Age of "Overvalued" Stocks & Homes with Nick Maggiulli
Investing in the Age of "Overvalued" Stocks & Homes with Nick Maggiulli
ratings:
Length:
34 minutes
Released:
Apr 13, 2022
Format:
Podcast episode
Description
Today, my friend Nick Maggiulli (COO of Ritholtz Wealth Management & former data scientist, as well as author of Of Dollars & Data and his new book, Just Keep Buying) joined me to talk about something that’s been (justifiably) freaking me out a little bit lately. To boil it down to its most layman's terms is the government’s money printing the reason why stocks and homes are worth so much more now, and does that mean we’re headed for a crash?
More to the point: What the hell do we do about it?
I think you’ll enjoy the little history lesson throwback (Kansas farmland in the 1970s, anyone?), the explanation of quantitative easing and expansionary monetary policy (I wish my Econ 101 professor could see my B+ self now), and—most importantly—the conversation I had with Nick about what we’re supposed to make of all this.
Here's the Politico article referenced.
Point of clarification: We reference the S&P 500's PE ratio (25 as of this recording) and Shiller PE ratio, or CAPE ratio (36 as of this recording), in this episode, and (somewhat confusingly) switch between the two in the conversation. Nick originally describes the CAPE ratio, and then I ask him his opinion of the current PE ratio.
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FULL EPISODE TRANSCRIPTS AT HTTPS://PODCAST.MONEYWITHKATIE.COM
More to the point: What the hell do we do about it?
I think you’ll enjoy the little history lesson throwback (Kansas farmland in the 1970s, anyone?), the explanation of quantitative easing and expansionary monetary policy (I wish my Econ 101 professor could see my B+ self now), and—most importantly—the conversation I had with Nick about what we’re supposed to make of all this.
Here's the Politico article referenced.
Point of clarification: We reference the S&P 500's PE ratio (25 as of this recording) and Shiller PE ratio, or CAPE ratio (36 as of this recording), in this episode, and (somewhat confusingly) switch between the two in the conversation. Nick originally describes the CAPE ratio, and then I ask him his opinion of the current PE ratio.
FOLLOW ALONG
Money with Katie Blog
Money with Katie Instagram
Money with Katie Twitter
Sign up for the Newsletter!
FULL EPISODE TRANSCRIPTS AT HTTPS://PODCAST.MONEYWITHKATIE.COM
Released:
Apr 13, 2022
Format:
Podcast episode
Titles in the series (100)
#6: MY ACTUAL FINANCIAL INDEPENDENCE PLAN: The Next 4 Years of My Life: Today, we're riffing on a few things: How I discovered financial independence, what my life was like then, the progress I've made, and how my goals have shifted since then.Ultimately, we're taking a more thoughtful look at the way we approach financial goals and if – sometimes – we kinda miss the point. by The Money with Katie Show