Is inflation on the rise again? According to the Federal Reserve it may be.

Will we have a recession in 2025….or ever?

Are stocks overvalued after 2 years of strong returns?

Will the largest technology stocks just keep rolling or is it time for other areas of the market to play a bigger role?

What about bonds? Why bother with bonds if they have such low returns?

These are just a few of the questions investors are asking as we head into 2025. In Capital Stewards's Economic and Investment Outlook for 2025, I share my views in detail and back it all up with lots of charts and illustrations.

Start A Conversion with Capital Stewards: https://www.thecapitalstewards.com/startconversation

Any commentary is provided for general information and educational purposes only and should not be construed as specific investment, tax or legal advice. Instead, readers should make an independent assessment of the information and determine if any content mentioned is appropriate for their personal situation. Past performance of market results is no assurance of future performance. This information has been obtained from sources deemed reliable but is not guaranteed.

This time of year is "outlook season" for Wall Street. Investors and analysts are publishing their S&P 500 and economic outlooks for next year. But were they right about this year? Are market forecasts useful for investors?

Well, I kept the receipts! In this episode I look back at a few from last year (including my own) and see how they turned out.

Understanding how difficult it is to predict the market has significant implications for how investors should build portfolios. I also discuss how to invest if you can't be right about the future all the time.

Start A Conversion with Capital Stewards: https://www.thecapitalstewards.com/startconversation

Any commentary is provided for general information and educational purposes only and should not be construed as specific investment, tax or legal advice. Instead, readers should make an independent assessment of the information and determine if any content mentioned is appropriate for their personal situation. Past performance of market results is no assurance of future performance. This information has been obtained from sources deemed reliable but is not guaranteed.

This episode covers common myths and misconceptions about alternatives. What are alternative investments? Are private – or alternative – assets just for the ultra-wealthy? What is (or is not) the secret sauce of private managers that drives the high returns you see in the media? How should you think about private assets in your portfolio?

1:54 - Myth 1 - Private Assets are only for the very wealthy and not for me.

2:32 - Myth 2 - New fund structure innovations mean that I don’t really have to give up access to my cash for 8-10 years.

4:25 - Myth 3 - Private managers have a secret and that allows them to drive special, secret returns that everyone must access!

7:32 - Myth 4 - Private Equity Funds borrow and lay-off lots of workers. They are just corporate raiders.

9:35 - Myth 5 - Private Debt has grown too fast and is the next Financial Crisis waiting to happen.

13:34 - Myth 6 - Some real estate developers and owners are struggling, now is a great time to try to get a deal by investing in a privately held REIT or fund.

15:59 - Myth 7 - All alternatives are designed to provide higher returns than public securities.

17:22 - Myth 8 - Alternatives are all the rage, so the fund I’m being sold should work out ok.

18:38 - Myth 9 - All private fund managers are created the same.

Start A Conversion with Capital Stewards: https://www.thecapitalstewards.com/startconversation

Any commentary is provided for general information and educational purposes only and should not be construed as specific investment, tax or legal advice. Instead, readers should make an independent assessment of the information and determine if any content mentioned is appropriate for their personal situation. Past performance of market results is no assurance of future performance. This information has been obtained from sources deemed reliable but is not guaranteed.