Season 1
The Secular Plateau | Chris Bloomstran on Why We May Be at Peak Valuations
This episode features Chris Bloomstran of Semper Augustus discussing market concentration, AI capital spending, Berkshire Hathaway, and the risks facing today’s equity investors. The conversation expl...
We Asked David Rosenberg Why He Owns Almost No US Stocks — and What He Holds Instead
This episode features David Rosenberg, founder of Rosenberg Research, breaking down why today’s market may be driven more by valuation excess and investor behavior than fundamentals. He explains why t...
The Resilience No One Trusts | Brent Donnelly on Why War and Oil Haven’t Broken This Market
Brent Donnelly returns to Excess Returns to break down one of the most confusing market environments in years, where policy shocks, volatility, and positioning matter more than traditional fundamental...
The Bear Market No One Sees | Liz Ann Sonders on the Real Story Indexes Hide
Liz Ann Sonders of Schwab joins Excess Returns to break down how war, an oil shock, and shifting market dynamics are reshaping the investing landscape. She explains why the surface-level strength in m...