In this episode of Grow Money Business Grant and Sean discuss the disconnect between the feeling like everything is going up in price even though market values are climbing too.  They also review the gold/oil trade, their thoughts on prediction markets, and an article about index funds are handling the upcoming SpaceX and OpenAI IPOs.

 

 

Show Notes

[01:40] Market Update – Market changes in the month of April.

[03:00] Article of the Week – The Wall Street Journal’s article on SpaceX and OpenAI IPOs and their inclusion in index funds.

[10:00] Cognitive Dissonance – Grant and Sean share their thoughts on the growing disconnect between strong markets and everyday financial reality.

[20:00] Prediction Markets and Regulatory Challenges – Grant and Sean discuss the growing scrutiny, ethical concerns, and regulatory pressure of prediction markets and the need for tighter rules and more realistic paths to wealth.

[31:26] Gold and Oil Price Correlations – Sean explains how commodity prices are ultimately pulled up because of the constrained supply and rising demand.

[42:05] Conflict with Iran – Grant predicts that the negative correlation will persist as long as the conflict continues, making the oil prices likely to remain high.

[49:11] The New Fed Chair & Interest Rates – Sean explains how the interest rates will always bend to the realities of debt, politics, and the need to keep the system running.

Resources

Stock Indexes Are Contorting Themselves to Include SpaceX and OpenAI

wsj.com/finance/stocks/stock-indexes-are-contorting-themselves-to-include-spacex-and-openai-92136b13