Santa Claus Rally | Silver Goes Parabolic | S&P 500 Growth Due to Earnings & Multiple | International Stocks Rocking

Santa Claus Rally | Silver Goes Parabolic | S&P 500 Growth Due to Earnings & Multiple | International Stocks Rocking

Author: Derek Moore December 29, 2025 Duration: 50:26

Derek Moore is joined by Shane Skinner to talk about silver prices going parabolic while Gold, Copper, Platinum, and other metals are clocking in gains. Does the rally continue? They, they look at how well international markets have done crushing the S&P 500 Index this year where Spain's IBEX 35 and South Korea's KOSPI are the top dogs that no one saw coming. Later, they discussed the attribution to gains this year including how much it is due to earnings growth vs the growth of the forward PE multiple. Finally, discussing how much the S&P 500 Index companies' turnover (and have done so at a much higher rate recently) showing the value of owning a momentum index that is diversified. 

 

Oil vs Gold Ratio

Silver, Gold, Platinum, and Copper all rallying

Surprising international markets crushing it this year including Spain and Korea

Russell 2000 Index consensus 2026 earnings forecast sees EPS growing 61% in 2026

What is the Santa Claus rally?

S&P 500 Index Company Turnover and disruption

Why own indexes and is the S&P 500 Index a momentum index?

Earnings growth vs multiple expansion responsible for market gains in 2025

Yardeni Research projects gold to hit $6000 in 2026 and $10,000 by 2030

Does the national deficit matter?

Energy commodities vs metals

Truck Tonnage Index decouples with the S&P 500 Index performance

TIPS bonds may not help you during inflationary periods due to duration interest rate risk

 

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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