When people look at stock prices, you don't want to look at the stock price, you want to look at the market gap.

It's very difficult for a 2.3 trillion dollar company double, but the companies that

the support this historic Industrial Revolution of artificial intelligence,

that's where the upside is in kind of the second and third tier names

that don't get a lot of attention.

I'm Mary Long and that's Larry McDonald, a risk consultant and founder of the Bear Traps Report.

He's also a co-author of the new book, How to Listen When Markets Speak. Teacher Willard cut up with

McDonald to chat about why this market cycle feels different from others, the

possibility of a dividend renaissance, and why there may be a bull market coming

for commodities.

Well, I've been thinking a lot about that we seem to be at an inflection point.

I've been listening to a lot of different podcasts and talking to authors and one of them that I talked to recently said,

you know, we might experience a different type of market. We might experience a

experience a renaissance in dividend payments

and less buybacks.

What do you think about the potential for that kind of shift?

Yeah, renaissance and dividend payments makes a lot of sense, in the sense that certain companies

are producing lots of cash and there's been, in a lot of different sectors, there's

been a capital retention

management style where companies are holding capital and a lot of

they're building up cash and they want to return that cash to

shareholders and we've been too much so and I think they want to return that cash to shareholders.

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