EP13: Profits, Policy, and Quantum Possibilities

In this episode of the Global Alpha podcast, Richard and Finn discuss the current market trends, focusing on strong corporate earnings and the impact of AI on the economy. They delve into the crypto market, exploring its maturation and the challenges faced by smaller tokens. The conversation shifts to quantum computing, where Finn shares his cautious perspective on investing in this emerging technology, emphasizing the importance of established companies like IBM and Microsoft.

Takeaways

• 87% of companies reported beating forecasts this quarter.
• The AI sector is driving significant market growth.
• Bitcoin is transitioning to a risk-off asset similar to gold.
• Smaller crypto tokens are experiencing high volatility and risk.
• Wash trading is prevalent in the crypto market.
• Investing in larger, established companies is safer in quantum computing.
• The quantum computing industry may take 10-20 years to mature.
• Market makers in crypto can manipulate prices easily.
• Investors should be cautious with smaller cap tokens.
• The new app launched by the podcast enhances client communicate