The economy is unhinged! Ricky and Malcolm discuss: Gen Z redirecting investing dollars toward gambling. Malcolm as the lone voice of caution on a CNBC panel of market bulls. Bill Ackman&#x27;s return to Netflix as an activist investor and his shaky track record with the stock. Reddit&#x27;s inclusion in the S&amp;P 500, and why Google and OpenAI need the site for AI ambitions. Cerebras&#x27; wild earnings swings, the buildout of &quot;collateralized chip obligations,&quot; and Malcolm&#x27;s case about semiconductor shortage, which may not last forever. Ricky&#x27;s reporting about margin debt, which is at a record amount in the US stock market. Want to contact us? thistimepod@gmail.com We are proud to be in the Airwave Media network! Please contact advertising@airwavemedia.com if you would like to advertise on our podcast. Hosts: Malcolm Ethridge, Ricky Mulvey Engineer: Tim Sparks Learn more about your ad choices. Visit megaphone.fm/adchoices

The Only Sane Person in Crazy Town

This Time Is Different

So I was doing CNBC yesterday, the halftime show, and I don't know if you've ever paid attention to the order of which the host, Scott, goes to each person on the show to ask their input on a thing. No, but it sounds political. Well, no, no, no, no, it's not. It's literally physically in the order of where you're sitting.

So I happen to be sitting in the fourth seat yesterday. So I listened to the first three people give their rationale for why the market was behaving the way it was behaving at the time. And then as I'm sitting there and I'm listening to everybody so exuberant and so positive about this market and how like it sounded as if nothing could go wrong.

I was just sitting there and I'm thinking like, am I the only sane person in this world of crazy that sees how many cracks have formed in this facade? And we keep on marching to the beat of the same drums that like can't go on forever. Yeah. And literally, so as I'm sitting there and like Scott turns to me and he's like, you know, what about you?

That's like literally the first thing I blurred out is like, am I the only sane person here? Like, what am I missing? And it's like, have you, it made me think like, have you ever had one of those moments where something in front of you happens that is like so crazy, but no one is reacting in the way that you feel like they should. And it makes you feel like you're the crazy one.

The Only Sane Person in Crazy Town

Read the full transcript

The candid version is on a podcast,
not the earnings call.

The Only Sane Person in Crazy Town

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.