In this episode of Grow Money Business Grant and Sean discuss the upcoming SpaceX and OpenAI IPOs and whether the stock indexes should include them on day one of trading. They also cover whether they’ll be opening Trump accounts for their kids, and whether stocks are still compelling given that the earnings yield is creeping lower.

 

 

Show Notes

[01:25] Market Update – Market changes in the month of May.  

[02:40] Article of the Week – Wall Street Journal’s article on diminishing returns for holding stocks compared to bonds. 

[08:00] Traditional Investment Safeguards – Grant shares his thoughts on upcoming IPOs of SpaceX, OpenAI, and Anthropic.  

[19:23] Optimism on Groundbreaking Technologies – Grant and Sean talk about whether people can actually afford new technologies quickly enough to drive their promised profitability.  

[27:40] Trump Accounts – Grant and Sean express their cautious optimism on Trump accounts.  

[37:25] Interest Rates and Bond Yields – Grant and Sean share their opinions on whether 10-year US government bond yields will fall below 4% in the next three years. 

[48:04] Stock Earnings Yields and Safer Bond Yields – The importance of having a risk management approach for stock investments. 

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