Michael Covel's Trend Following cover image

Ep. 220: Victor Sperandeo Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

00:00

The Fed's Place in the Theory of Growth

The world is growing at less than 2% in the last 5 years, and it's because of a trend towards socialism. Big businesses has done pretty well except if you really want to be an analyst, right now the 12 month trailing S&P earnings is 20.4%. And where did those earnings come from? The top line is actually flat or lower in many cases. None of it is from growing companies. That's the gimmicks that allow you to continue to show bottom line earnings growth to some degree, to very small degree.

Play episode from 11:21
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app