On this week’s episode Tom, Jacob, and Dan talk about Instant Pot and it’s ironic demise, next twelve earnings per share updates, the mid year outlook, the modern wealth survey, the key to making good financial decisions, and how people’s past and present perceptions change.
Email us at laminatemoneypodcast@fjellcapital.com for questions or suggestions for future topics.
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What Went On
The estimates keep getting revised up (https://www.axios.com/2023/06/22/sp-500-us-stocks-earnings-outlook)The mid year outlook from Capital Group (https://www.capitalgroup.com/advisor/pdf/shareholder/MFCPBR-096-1039324.pdf?sfid=168949301&cid=81011868&et_cid=81011868&cgsrc=SFMC&alias=btn-LP-CTA)Charles Schwab modern wealth survey (https://content.schwab.com/web/retail/public/about-schwab/schwab_modern_wealth_survey_2023_findings.pdf)The key to making good financial decisions (https://www.forbes.com/sites/timmaurer/2023/06/04/the-key-to-making-good-financial-decisions-connecting-with-your-future-self/?sh=5c224b2e5b66)People hold fond memories of the past, but the present is always a threat (https://kyla.substack.com/p/the-nostalgia-cycle-loop)Be a ruthless editor in chief (https://www.artofmanliness.com/character/behavior/sunday-firesides-be-a-ruthless-editor-in-chief/)
Quote of the Week
“This is going to be a profound technology inflection point, like mobile devices were, like the move toward the cloud was, like the advent of social media.” - Shantanu Narayen, CEO of Adobe
