Episodes
Sept. 10, 2025
The Short and Long Term Risks of the Current Stock Market and Economy
Ferenc shares the short and long term risks to the current stock market and the overall economy. Short-term: - AI Bubble - Extreme valuations (all-time highs) - Extreme concentration in a few tech stocks - Nvidia: about half ...
Sept. 3, 2025
Is the AI Bubble Starting to Burst?
Ferenc discusses the parallels between the current tech stock market bubble and the dot-com era, emphasizing the risks of overvaluation and potential corrections. He recounts a listener's 100% return on tech stocks and warns ...
Aug. 27, 2025
Is the AI Bubble Starting to Burst?
A recent MIT study found that 95% of companies have received no benefit from generative Artificial Intelligence (AI). Sam Altman, CEO of OpenAI, recently warned of an AI bubble. Altman compared the current AI frenzy and the 1...
Aug. 20, 2025
The S&P500 has Hit the Highest Valuations in History!
Regardless of how you measure the S&P500, it is at the highest levels in history. The current valuations are higher than 1929 and 1999. The S&P500 Price to Sales Ratio has hit 3.2, the highest level ever recorded. The top...
Aug. 13, 2025
The Buffet Indicator Has Hit 2x Standard Deviation for the 3rd Time Since 1950
The Buffett Indicator is a measure of the total market capitalization of publicly traded companies to the Gross Domestic Product (GDP). Warren Buffett called it "probably the best single measure of where valuations stand at a...
Aug. 6, 2025
The Trade Deals Give Reasons for Optimism Yet the Transition will Likely Create Volatility
Trump has Announced Several Astounding Trade Deals The terms on the recent trade deals are very favorable for the United States. - Japan: 15% tariff, no tariff for US products, $550 billion joint-venture investment, 90% p...
July 30, 2025
There are Significant Tax Opportunities Due to the Big, Beautiful Bill
Ferenc cuts through the noise and politics and continues to share significant tax opportunities for many people due to the Big, Beautiful Bill that is now passed as law. The US government's lack of financial responsibility cr...
July 23, 2025
Economists Created a Model of the US Economy using NASA Computers. The Model Crashed Due to the Federal Debt.
Some leading economists and mathematicians built a computer model of the US economy to run various scenarios. Because this was such a big math problem, they used thousands of NASA and Amazon computers. The computers were unab...
July 16, 2025
The Big, Beautiful Bill has Passed. What is in it? How Will it Affect Your Money?
There is a lot of confusing info regarding the Big Beautiful Bill. Forget the noise or the politics. What are the facts on some of the key aspects? No Tax on Tips: up to $25,000 of tip income is tax-free plus your standard de...
July 9, 2025
Brigham Blackham Interview, host of the Levelin' Up Podcast
Brigham Blackham empowers top leaders through the art of storytelling. With a background in teaching Mandarin and theater, he combines his expertise in communication and leadership to help entrepreneurs elevate their stories ...
July 2, 2025
If Houses are not Selling, Why are not Prices Dropping?
Many people are confused. If houses are not selling, why are not prices not falling? There are several reasons. Cause : Housing prices increased an average of 50% from 2019 -2024 in the US. Some areas increased up to 100%. St...
June 25, 2025
How High can US Debt go before it Triggers a Financial Crisis?
Excessive government debt has contributed to inflation and is pushing interest rates higher. The government continues to add to the debt by spending more than it receives. The US government receives about $5T in revenues annu...
June 18, 2025
Stocks have not been this Expensive Relative to Bonds in nearly 25 Years
Pimco released a report recently and stated stocks haven’t looked this expensive relative to bonds in nearly 25 years. Bonds look better than they have for a long time. Pimco states "The traditional world order — in which eco...
June 11, 2025
Why are President Trump and Elon Musk Bickering Over the "Big Beautiful Bill"
Although I do not like Trump and Elon attacking each other, the conversation is very valuable and could lead to good results. Elon is bringing attention to the fact our government is taxing us too much and spending much of it...
June 4, 2025
The Inventor of the 4% Withdrawal Rule has Updated His Recommendation. It is Significantly Less than Guaranteed Lifetime Income Benefits
Bill Bengan published a study in the Journal of Financial Planning in 1994 that introduced the 4% withdrawal rule. His study recommended initially withdrawing 4% from your portfolio to ensure you will not run out of money in ...
May 28, 2025
Moody's Downgrades US Credit Rating, 30-Year Treasury Hits 5% (How to Increase Your Retirement Income Guaranteed)
Moody's downgraded the US credit rating for the first time in history. This is the last of the 3 major credit agencies to downgrade the US credit rating. The primary concern is the increasing level of government debt. As a re...
May 21, 2025
The Tariff War with China has been Paused
China and the US have agreed to pause the 145% US tariffs and 125% Chinese tariffs for 90 days while they negotiate an agreement. If the high tariff rates had gone into effect, it would have been similar to a trade embargo. B...
May 14, 2025
Retirement is not about a Number, It is about Cash Flow
Many companies and people focus on a number to achieve a comfortable retirement. Retirement is not about obtaining a number. It is about cash flow. The 4% withdrawal rate is often recommended to ensure you don't run out of mo...
May 7, 2025
More Americans Worry about Running Out of Money in Retirement than Dying
The 2025 Allianz Retirement Survey key findings: 64% of Americans worry more about running out of money in retirement than about death. The primary causes of their concerns are: - 54% cite the increased prices of goods due to...
April 30, 2025
Will the US-China Economic Cold War Lead to a Recession?
The tariff policy is not just about tariffs. This is about economic power and control. China and the US want to dominate future technology. China and the US are decoupling economically. This is similar to the Cold War with th...
April 23, 2025
It is more than Tariffs. This is a China-US Economic Divorce.
The tariff policy is not just about tariffs. This is about economic power and control. China and the US want to dominant future technology. China and the US are decoupling economically. This is similar to the Cold War with th...
April 16, 2025
Extreme Stock Market Volatility is Here Due to the Tariff Situation
The stock market is moving up to 8-9% up and down daily. The volatility is stomach churning. The primary concern is tariffs. It is uncertain if China will agree to a fair trade deal. China exports five times more to the US th...
April 9, 2025
How Will the Reciprocal Tariffs Affect the Economy and Our Money?
The reciprocal tariff policy is about Fair Trade vs. Free Trade. Reciprocal tariffs will be calculated both the monetary and non-monetary totals. The US will tariff the other country about half of the tariff charged to the US...
April 2, 2025
The Dot-Com Bubble Peaked 25 Years Ago. Are Investors Repeating the Same Mistakes?
It was a period of unfettered optimism. Nearly everyone thought the sky was the limit, it was a new era, valuations didn’t matter. The only thing that mattered was how much you put into it, because it was going to continue to...