Assume a recession is going to happen, and then work from there. During the 2008 recession, corporate earnings dropped 60% – a massive wipeout. In 2000-01, corporate earnings fell about 30%. And during the recession of 1989-91, earnings dove around 25%. If we see a deep recession similar to 2008, earnings will fall 60%. And if we’re hit by a shallower recession, like those of 1989 and 2000, earnings will drop closer to 30%. More
Podcasts
Is a Bubble Brewing in Oil?
You can’t benchmark these oil companies on 2022 estimates when they’re artificially inflated by a near-term surge in prices. More
Is This a Red Flag for Crypto?
The crypto regulation we’re seeing now revolves around eco-friendliness. And I don’t think it impacts anything all that much. More
Play the Solar Boom With Energy Storage Stocks
Being able to use renewable energy is hinged upon storing it. That means energy storage is the single-biggest growth vertical of the space. More
🏦 Is Biden Stepping on SOFI Stock’s Neck??
With U.S. President Biden considering cancelling some amount of student loan debt, Aaron asks if I've changed the bullish tune I've been singing on SoFi. So, yes, this has created sentimental overhang on SoFi’s business, but you know what I think? It’s time to rip off the Band-Aid already, Biden! More
Can Meme Stocks Make a Comeback?
With the competitive marketplace and ongoing macro concerns, the timing isn’t right for bets on big turnarounds for meme stocks. More
Have We Hit Peak Inflation?
For the first time in 16 months, the inflation rate in the United States dropped on a month-over-month basis. And it looks like it'll persist. More
