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Trends with Benefits #101: The Macro Economy and Institutional Investing with Tavis McCourt

June 06, 2023

Listen Time 35:20 MIN

Explore what individual investors can learn from institutional investors in the context of today’s headlines – the banking crisis, small-cap stocks and artificial intelligence.

This episode is jam-packed with all the info you need to catch up on what’s happening in the economy. I am joined by Tavis McCourt, Institutional Equity Strategist at Raymond James. Tavis discusses the tightness of the labor market and the excess of white-collar labor in the U.S. He breaks down the impact of slowing consumer spending on inflation and earnings. Tavis offers insight into the portfolio positioning of institutional investors and what retail investors can learn from this. We also discuss the pricing of small, mid, and large-cap equities.

If you’re looking to invest in the rise of AI, Tavis explains that the companies that will be successful in the long run are those that can use AI to create a natural monopoly. What’s another option? Investing in what’s already driving the growth of AI.

Show Notes:

02:48 U.S. Economy Overview

03:54 Consumer Spending

05:34 Labor Market and Salaries

10:50 Rates and Inflation

19:26 Institutional Investing Trends

23:57 Small-Cap Stocks

29:37 Long-Term Trend

33:35 Trend or Fad

Trend or Fad

Listen for Tavis’s take on cryptocurrency, T-bills, wellness companies, ice baths, and “buy now, pay later.”

Follow Ed Lopez @thatEdLopez on Twitter.

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