As investors contemplate the significance of the Dow hitting 40,000, they are wondering about the market’s next moves.

In this episode, Ryan Detrick, Chief Market Strategist at Carson Group & Sonu Varghese, VP, Global Macro Strategist at Carson Group, chat about the Dow reaching 40,000, the implications for investors, and the broader market sentiment. They also touch on the current state of inflation, analyzing recent reports and their implications for the economy.

Ryan and Sonu discuss:

• The milestone of the Dow reaching 40,000 and its historical significance
• The role of earnings growth and market multiples in driving the recent market rally
• The importance of momentum and breadth in the current market rally
• The outlook for the stock market given the current economic indicators and historical trends
• The latest inflation reports and their impact on the market
• The Fed’s target for core PC inflation and market expectations
• And more!

Resources:

• Any questions about the show? Send it to us! We’d love to hear from you! factsvsfeelings@carsongroup.com

Connect with Ryan Detrick:

• LinkedIn: Ryan Detrick
• X: Ryan Detrick

Connect with Sonu Varghese:

• LinkedIn: Sonu Varghese
• X: Sonu Varghese

Discover the vision and strategy behind Carson Group’s evolution as Burt White steps into the role of CEO!

In this episode, Ryan Detrick, Chief Market Strategist at Carson Group & Sonu Varghese, VP, Global Macro Strategist at Carson Group, sit down with Burt White, CEO at Carson Group, to explore the company’s direction under his leadership and the legacy of service excellence they aim to uphold.

Together they discuss:

• Burt’s recent appointment as CEO and the seamless transition of leadership within Carson Group
• The concept of ‘Peak Service’ and how Carson Group is redefining service standards in the wealth management industry
• The importance of client-focused metrics and the impact of small business ethos on financial advice
• The dynamic partnership between Burt and Ron Carson, highlighting their complementary strengths and shared vision for the company
• And more!

Resources:

• Any questions about the show? Send it to us! We’d love to hear from you! factsvsfeelings@carsongroup.com

Connect with Burt White:

• LinkedIn: Burt White

Connect with Ryan Detrick:

• LinkedIn: Ryan Detrick
• X: Ryan Detrick

Connect with Sonu Varghese:

• LinkedIn: Sonu Varghese
• X: Sonu Varghese

About Our Guest:

A prominent voice and advocate for the independent advisor, Burt White is Chief Executive Officer at Carson Group. He helps steer the company’s strategic focus as a member of Carson’s executive board.

Drawing on decades of industry experience, Burt augments and elevates the firm’s opportunities for growth across corporate and investment strategies. He works with Carson’s investment team to build and deliver an investment ecosystem that drives growth for the firm’s 140+ partners, who collectively manage $30 billion in assets.

Burt’s excitement to redefine how our industry talks about wealth shines through in his work. He believes adaptability is a superpower and is highly motivated to innovate, pioneer and deliver forward-thinking industry thought-leadership.

Burt is passionate about making a meaningful impact in the lives of clients and advisors. Given that passion and his unique talent for client storytelling, he is well equipped to help our advisors best serve clients and generate new business.

Carson Group Founder and Chairman Ron Carson calls Burt a visionary in the industry who understands where the profession is and where it needs to go.

Before joining the Carson team, Burt served for 14 years as Managing Director and Chief Investment Officer at LPL Financial. There, he fostered the development and evolution of LPL’s capabilities to effectively support advisor efficiency and growth.

The art of stock picking is a skill that can lead to significant rewards for those who master it.

How does one sift through the noise to identify undervalued gems? What does it take to maintain a long-term perspective in a market driven by short-term sentiments?

In this episode, Ryan Detrick, Chief Market Strategist at Carson Group & Sonu Varghese, VP, Global Macro Strategist at Carson Group, sit down with Eddy Elfenbein, Portfolio Manager, to explore his journey as a well-known stock picker. They dive into several topics, such as Eddy's approach to selecting stocks, his ETF, thoughts on macroeconomic trends, and the importance of being optimistic about the stock market.

Eddy discusses:

• The thrill and challenges of being a true stock picker in an era dominated by passive investing
• The evolution of his career, from sharing stock picks on his blog to managing an ETF with a unique fulcrum fee structure
• The importance of simplifying complex market concepts and the dangers of Wall Street’s tendency to overcomplicate
• Insights into the macroeconomic picture, exploring employment rates, nominal GDP growth, the strength of the labor market, and interest rates
• And more!

Resources:

• Any questions about the show? Send it to us! We’d love to hear from you! factsvsfeelings@carsongroup.com

Connect with Eddy Elfenbein:

• X: Eddy Elfenbein
• Website: Crossing Wall Street

Connect with Ryan Detrick:

• LinkedIn: Ryan Detrick
• X: Ryan Detrick

Connect with Sonu Varghese:

• LinkedIn: Sonu Varghese
• X: Sonu Varghese

About Our Guest:

Eddy Elfenbein is a passionate and dedicated individual who has devoted his career to helping investors navigate the stock market.

He is the founder of a website, Crossing Wall Street, where he shares his unbiased views on the market.

Eddy believes in the power of the stock market as the most consistently successful way to make money over the long term. He is a firm advocate of the ‘buy and hold’ strategy, emphasizing the importance of investing in outstanding companies.

His goal is to help people avoid common investing mistakes and become successful investors.

In addition to his website, Eddy also manages an Exchange Traded Fund (CWS) based on his Buy List.