00:00:00 - Intro
00:01:48 - Inflation readings and the Fed meeting.
00:02:27 - Simeon discusses the soft landing and long-term inflation expectations.
00:05:38 - Predictions on Fed actions and their impact.
00:07:48 - Analysis of the inverted yield curve and its implications.
00:08:51 - Employment market tightness and AI's potential impact.
00:10:49 - Simeon's thoughts on AI's impact on productivity and employment.
00:12:32 - The role of incumbents in benefiting from AI.
00:13:16 - Relationship between interest rates and stock market performance.
00:14:47 - Current valuation of stocks relative to bonds.
00:17:04 - Discussion on the underperformance of mid and small-cap stocks.
00:19:53 - Impact of indexing on stock performance.
00:21:12 - Examination of earnings growth in the S&P 500.
00:23:07 - Narrow leadership in market performance and its implications.
00:25:27 - Sector-specific performance within the S&P 500.
00:26:48 - Challenges in investing in interest rate-sensitive sectors like energy and utilities.
00:28:11 - The case for and against equal weighted strategies.
00:29:54 - Importance of dividend growth versus high dividend yield.
00:30:26 - Benefits of dividend aristocrats and signaling quality.
00:38:11 - Overview and risks of covered call strategies.
00:40:37 - Covered call strategy ETFs.
00:41:43 - Simeon’s outlook on the future of ETFs and the importance of disciplined, rules-based strategies.
00:43:37 - Simeon’s reflections on working at Lehman Brothers during the financial crisis.
00:45:48 - The most important lesson for average investors.
LEARN MORE ABOUT PROSHARES
https://www.proshares.com
SEE LATEST EPISODES
https://www.excessreturnspod.com
FIND OUT MORE ABOUT VALIDEA
https://www.validea.com
FIND OUT MORE ABOUT VALIDEA CAPITAL
https://www.valideacapital.com
FOLLOW JACK
Twitter: https://twitter.com/practicalquant
LinkedIn: https://www.linkedin.com/in/jack-forehand-8015094
FOLLOW JUSTIN
Twitter: https://twitter.com/jjcarbonneau
LinkedIn: https://www.linkedin.com/in/jcarbonneau