Hindenburg Omen | MicroStrategy vs Bitcoin | CAPE Ratio and Forward Returns | No More Tariff Tantrum?

Hindenburg Omen | MicroStrategy vs Bitcoin | CAPE Ratio and Forward Returns | No More Tariff Tantrum?

Author: Derek Moore November 3, 2025 Duration: 53:57

Derek Moore is joined by Mike Snyder to discuss the Hindenburg Omen and what that means for the stock market. Plus, looking at whether the Tariff trade has been completely wrong. Later, the best six months of the year are here, problems with using CAPE Ration to predict forward returns, permabears, and examining whether MicroStrategy (Strategy) is starting to not make sense to investors. All that plus looking at Semiconductors cycle against the Mag 7 and the S&P 500 Index.

 

Tariff trade

MicroStrategy (Strategy) vs Bitcoin trade

Enterprise value of MicroStrategy vs intrinsic value of their Bitcoin holdings

What is the CAPE Ratio?

CAPE Ratio and forward 10-year and 12-year returns

Earnings multiples

John Hussman 12-year forward expected returns

What are the best six months of the year

Federal Reserve Obfuscation Index

Semiconductors broke out "after going nowhere for over a year"

 

 

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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