Technology is a Deflationary Force

In this week-before-Thanksgiving episode, Doug and Greg Stokes guess what we’ll be discussing around the dinner table next week. They combat the negativity/bubble talk and break down why we’re not in a euphoric period. They also examine historical data on normal, small market corrections, the life and cost-saving data on autonomous driving, and the productivity gains/cost reduction that will come from this tech revolution. Key Takeaways [00:16] - Small market corrections are normal [07:52] - The rise of autonomous driving is going to change the world [11:20] - Inflation talk is back, but technology is deflationary View Transcript Links Fear and Greed Index The probability of default for AAA-rated to CCC/C rated Tesla FSD: 6.4B miles, only ~2 reported fatalities Bill McBride - The Future is So Bright Connect with our hosts Doug Stokes Greg Stokes Stokes Family Office Subscribe and stay in touch Apple Podcasts Spotify lagniappe.stokesfamilyoffice.com Disclosure The information in this podcast is educational and general in nature and does not take into consideration the listener's personal circumstances. Therefore, it is not intended to be a substitute for specific, individualized financial, legal, or tax advice. To determine which strategies or investments may be suitable for you, consult the appropriate, qualified professional prior to making a final decision. Different types of investments involve varying degrees of risk. Therefore, it should not be assumed that future performance of any specific investment or investment strategy (including the investments and/or investment strategies referenced in our blogs/podcasts) or any other investment and/or non-investment-related content or services will be profitable, equal any historical performance level(s), be suitable or appropriate for a reader/listener’s individual situation, or prove successful. Moreover, no portion of the blog/podcast content should be construed as a substitute for individual advice or services from the financial professional(s) of a reader/listener’s choosing, including Stokes Family, LLC, a registered investment adviser with the SEC, with which the blogger/podcasters are affiliated.