This week on the Retirement Quick Tips Podcast, I'm talking about why I'm growing increasingly worried about the stock market - high stock valuations colliding with a recession is historically a recipe for steep losses - and it is looking more and more like we're moving in that direction.
Today, I'm talking about the core issue that inspired this week's theme:
Source: Washington Crossing Advisors. (2025, September 9). The illusion of perpetual growth.
"Over 60% of the S&P 500 index value is priced as if superior growth can be sustained forever, with a meaningful slice (about $8 trillion in market value) priced with an implied perpetuity growth assumption above 10%."
"Here is the central problem: no company can grow faster than the economy forever. The math simply will not allow it. A firm compounding at 10 percent while the economy grows at 5 percent eventually overtakes the economy itself — an impossibility."
Popular Podcasts
Las Culturistas with Matt Rogers and Bowen Yang
Ding dong! Join your culture consultants, Matt Rogers and Bowen Yang, on an unforgettable journey into the beating heart of CULTURE. Alongside sizzling special guests, they GET INTO the hottest pop-culture moments of the day and the formative cultural experiences that turned them into Culturistas. Produced by the Big Money Players Network and iHeartRadio.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.