This week, we discuss the two biggest stories in not only the sports world but the world at large. We also dive into how people are living and spending their money and what that could mean for a recession as well as give updates on the bond and oil markets and ChatGPT vs the S&P 500.
Key Takeaways
[00:58] - Messi’s unprecedented move to the MLS
[06:10] - The shocking LIV/PGA merger
[09:27] - What does it mean that we’re not seeing significant recessionary indicators?
[22:43] - Update on the oil markets
[24:04] - The importance of who you listen to for financial advice
Links
Messi sold more PSG jerseys last year ($130m) than total revenue for the top-earning MLS team, LAFC ($116m)
Messi turns down $400M per year contract from Saudis
Messi's deal includes profit sharing from Apple and Adidas
Players shocked and angry after LIV/PGA merger
Tiger Woods Was Offered LIV Golf Contract in $700M-$800M Range
Nick Timiraos: Goldman Sachs cuts recession probability down to 25%
Scott Grannis: The information we have to date strongly suggests that the Fed is done—no more hikes
CNN Fear and Greed Index: Extreme Greed
Jeffrey Kleintop: Bull markets don't wait for recessions to be over
Charlie Bilello: US Bond Market in drawdown for 34 months, by far the longest in history
WSJ: This Rally Is All About a Few Star Stocks
Connect with our hosts
Doug Stokes
Greg Stokes
Stokes Family Office
Subscribe and stay in touch
Apple Podcasts
Spotify
Google Podcasts
lagniappe.stokesfamilyoffice.com
Disclosure
The information in this podcast is educational and general in nature and does not take into consideration the listener's personal circumstances. Therefore, it is not intended to be a substitute for specific, individualized financial, legal, or tax advice. To determine which strategies or investments may be suitable for you, consult the appropriate, qualified professional prior to making a final decision.
