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Motley Fool Money

The Year of Concentration, Crypto, China

Motley Fool Money

The Motley Fool

Business, Investing

4.43K Ratings

🗓️ 13 December 2024

⏱️ 39 minutes

🧾️ Download transcript

Summary

2024 was another stellar year for investors, but a lot of money is piling into the same places in the U.S. and globally.   (00:46) Bill Mann and Matt Argersinger discuss: - Why 2024 was such a good year for investors, and the concerns they have about valuations and market concentration as they look ahead to 2024. - The winners and losers of 2024 and the front-page stories you may have forgotten about – the Crowdstrike outage and Yen Carry Trade.  (19:05) James Zahn, Editor in Chief at The Toy Book, talks through the toys at the top of wish lists this holiday season and how toymakers and retailers are trying bring value to cash-strapped shoppers - James Zahn’s now-published article on Moxie: https://toybook.com/death-of-moxie-and-the-trouble-with-tech-toys/  (34:35) Bill and Matt break down two ideas on their radar: Nebius and Cambria Foreign Shareholder Yield Stocks discussed: NVDA, NBIS, FYLD Host: Dylan Lewis Guests: Tim Beyers, Mary Long, Ryan Henderson Engineers: Tim Sparks, Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's the end of 2024, and I bet you totally forgot about

0:07.7

this week's Motleyful Money Radio Show starts now.

0:20.3

Everybody needs money. That's why they call it money.

0:22.5

That's why they call it money.

0:24.7

The best thing in life are free,

0:27.9

but you can give them to the present bees.

0:31.3

I need money.

0:31.6

From Fool Global Headquarters, this is Motley Fool Money Radio Show.

0:36.6

I'm Dylan Lewis.

0:37.3

Joining me over the Airwaves, Motley Fool senior analysts, Matt Argersinger, and Bill Man. Fools,

0:42.4

great to have you both here. Dylan. How you doing, Dylan? I'm doing great because we are getting

0:48.7

to put a bow on 2024. This is our annual lookback. We are going to be checking in on the winners and losers of the past year, maybe reminding listeners of a couple things that they forgot about in the news cycle over the last 12 months. I'm going to kick us off with a rolling market check-in. As we tape, 11 market days remaining, S&P 500 up 27% year-to- NASDAQ up 35% year to date, Dow up 16% year to

1:15.2

date. Matt, unless something unprecedented happens in the next two weeks, 2024 will go down

1:21.4

as a good year for stock investors. Oh, that's an understatement, Dylan. Yeah, good. I'd say

1:26.1

a remarkable year. Anytime you can have the broader market up almost 30% is a pretty amazing year for the market. But, you know, actually, Dylan, it's been a remarkable two-year run for the market. If you look at the NASDAQ 100, since the start of 2003, it's up nearly 100%. The S&P 500 is up more than 60%. And I'll just say this. And this is

1:48.8

something David Gardner says all the time. You know, the market is up two out of every three years.

1:53.2

We've had two really strong years now. Valuations kind of where they're at, especially for

1:58.4

the U.S. stock market. I mean, this is from Yardini

2:01.0

research. The S&P 500 is currently trading at a 4PE multiple. This is based on earnings

2:06.5

for the new year, 2025. It's trading at a 4P multiple of 22. You kind of have to go back to

2:13.3

1999 to get a multiple that's higher than that. And by the way, Yardini's Mega Cap 8, which is defined as

2:20.2

Alphabet, Amazon, Apple, Meta, Microsoft, Netflix, Nvidia, and Tesla, the companies we talk about

...

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