Episode 75: Market Metrics, Economic Bafflement, and the Power of Free Enterprise - 05/30/2026

John Berkley and the investment committee explore the perplexing 2026 market surge. Despite warning signals from metrics like the Buffett indicator and Shiller CAPE, the S&P 500 and NASDAQ continue to hit record highs. The team analyzes economic risks, including massive federal spending gaps and potential stagflation. A highlight includes a deep dive into Jeff Bezos’s perspective on free enterprise, emphasizing how for-profit innovation creates more societal value than charity alone. Personal reflections on the stark differences between capitalist and socialist systems underscore the power of the free market.Special Guests: Greg Snyder and Todd Berkley.