High Valuation Ok? | Midterm Year Performance | Supreme Court Tariff Ruling | Google's Number 2 | Payrolls

High Valuation Ok? | Midterm Year Performance | Supreme Court Tariff Ruling | Google's Number 2 | Payrolls

Author: Derek Moore January 12, 2026 Duration: 1:11:47

Derek Moore is joined by Shane Skinner and Mike Snyder to talk about whether higher valuations are warranted based on rising profit margins. Then, they think about whether the upcoming Supreme Court ruling on tariffs matters for the market. Later, they discussed Google passing Apple for the #2 highest valued company in the S&P 500 Index, midterm election years performance vs other years, regression channels in the S&P 500 Index, payroll numbers, interest rates, and even copper prices.

 

Midterm year performance vs other presidential cycle years

Supreme Court Ruling on Tariffs and what it means for markets

Copper prices are about to break out or break down?

Fed interest rates saying no cuts until after Powell leaves?

Semiconductor earnings estimates vs the S&P 500 Index as a whole

Polymarket sees only a 25% chance tariffs are upheld

Google (Alphabet) surpasses Apple to be world #2 behind Nvidia

Three-Month payroll contraction on nonfarm payrolls

Talking technical analysis with regression channels on the SPX

Free cash flow margins tech vs the rest

Valuation forward pe ration adjusted for net profit margins

S&P 500 companies' real revenue per worker highest going back to 1986

S&P 500 quarter EPS growth estimates Y/Y % change

 

Mentioned in this Episode

 

Derek Moore's book Broken Pie Chart https://amzn.to/3S8ADNT

 

Jay Pestrichelli's book Buy and Hedge https://amzn.to/3jQYgMt

 

Derek's book on public speaking Effortless Public Speaking https://amzn.to/3hL1Mag

 

Contact Derek derek.moore@zegainvestments.com

 


Derek Moore hosts Broken Pie Chart, a podcast that digs into the practical realities of managing money in a complex world. The name comes from the idea that traditional, rigid models for investing and planning often don't reflect real life. Each episode takes a specific concept-whether it's portfolio construction, market behavior, or preparing for retirement-and breaks it down into straightforward conversation. You'll hear clear explanations of economic trends and financial principles without the jargon, focusing on how these ideas actually impact personal and professional decisions. This isn't about hot stock tips; it's about building a durable understanding of how markets and the economy function. The goal is to provide listeners with a stronger foundation for their own financial choices, making seemingly opaque topics accessible and relevant. Tune in for a thoughtful, grounded perspective that challenges conventional wisdom and simplifies the complicated.
Author: Language: English Episodes: 100

Broken Pie Chart
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