What Value Investing with Sven Carlin, Ph.D. said in this video:
- SPCXneutralshort-termThe host acknowledges SpaceX stock is booming on new earnings and Musk's trillion-dollar revenue prediction, but treats the euphoria skeptically.Source
- Bonds & Ratesnegative for stocksmid-termPending home sales plunged to a record low with mortgage rates at 7.4%, the highest in 25 years, and the host expects it to get even worse.Source
- Consumernegative for stocksmid-termThe host sees a housing affordability crisis: housing stocks and home builders are crashing and everything housing-related looks ugly.Source
- Recession Risknegative for stockslong-termThe host warns that if AI goes bust the economy enters recession, leaving less money for housing even with lower rates.Source
- AI Capexnegative for stockslong-termThe host calls AI a mania or bubble; the more it grows the less he likes it, because what is unsustainable cannot last forever without tangible rewards.Source
- TSLAbearishlong-termThe host sarcastically notes SpaceX and Tesla will merge to double the market cap and pull in pension money, implying the underlying fundamentals are not there.Source