This podcast episode of "The Compound and Friends" analyzes the surprising outperformance of European and Chinese equities compared to the US market in 2024. The hosts discuss technical and fundamental analyses supporting this trend, citing various market indicators and expert opinions. They also examine the significant impact of recent federal layoffs in the US, estimating potential economic consequences and contrasting the situation with corporate layoffs. Finally, the discussion touches upon the changing dynamics of the gig economy and the implications of 24/7 trading for brokerage firms. The episode concludes with a discussion of CME Group, suggesting it as a potential investment opportunity.
