PODCAST · business
This Time Is Different
by Malcolm Ethridge and Ricky Mulvey
Long-form conversations that challenge consensus thinking about markets, money, and the economy. We question the narratives everyone else accepts and welcome contrarian ideas.Hosted by Malcolm Ethridge and Ricky Mulvey
Episodes
-
Who Does Your AI Actually Work For?
AI agents want your credit card, and new research suggests they may not find you the best price. Ricky and Malcolm ask who these tools are actually beholden to. Ricky Mulvey and Malcolm Ethridge discuss: - Why Malcolm is watching Apple’s Mac mini, and how it became a way to skip the line for…
more -
Bilal Little on Leveraged ETFs and AI Agents
Leveraged ETFs have a reputation problem, and AI agents are already slipping past the security checks meant to stop them. Direxion's Bilal Little joins Ricky Mulvey and Malcolm Ethridge to separate the real risks from the misconceptions. Ricky Mulvey, Malcolm Ethridge, and Bilal Little discuss:...
-
Will Healthcare Costs Take More Jobs Than AI?
Mark Cuban says rising health benefit costs will get more people fired or not hired than artificial intelligence will. Ricky and Malcolm dig into the claim that polite society isn’t supposed to talk about. Ricky Mulvey and Malcolm Ethridge discuss: Why healthcare costs, now close to $19,000 per...
-
OpenAI Really Cares About Safety
Sam Altman told Fortune that OpenAI is delaying its IPO because of safety concerns. Ricky and Malcolm think the real story is something else. Ricky Mulvey and Malcolm Ethridge discuss: Why Sam Altman's "safety" excuse for delaying OpenAI's IPO looks a lot more like a company that isn't ready to...
-
Apple Finds the Crease
Apple dropped a new folding iPhone. Are you ready to pay $2k for one? Ricky and Malcolm are joined by special guest Dylan Lewis, now with The Morning Brew! They discuss: Malcolm's case that this is Apple's "Jordan Mania" moment even if he's not buying one himself. Why Apple's stock is up roughly...
-
Real Money Secrets Aren't on TikTok
Tax tricks used by billionaires are now showing up in the algorithm, but the real money secrets aren’t going out on social media. Ricky and Malcolm discuss: Winmark, a royalty-collecting franchisor (Play It Again Sports, Once Upon a Child) trading at a 52-week low, and why Ricky is interested as…
more -
Cybersecurity Stocks' Comeback
AI didn’t kill all software. In fact, some of the big dogs in cybersecurity may be stronger than before. Ricky and Malcolm discuss: Bitcoin's return to favor, and whether it's a trade or a decade-long hold. Why CrowdStrike and Okta are rallying, and the CISO survey stat behind the next leg of...
-
Matt Argersinger: The AI Trade Is Musical Chairs
Future US stock returns may not follow its historical success. Former Motley Fool senior analyst Matt Argersinger sits in for Malcolm this week. Ricky and Matt discuss: - 30-year Treasury yields near two-decade highs, and what that means for income investors who remember 2% bonds.- A real estate...
-
The Only Sane Person in Crazy Town
The economy is unhinged! Ricky and Malcolm discuss: Gen Z redirecting investing dollars toward gambling. Malcolm as the lone voice of caution on a CNBC panel of market bulls. Bill Ackman's return to Netflix as an activist investor and his shaky track record with the stock. Reddit's inclusion in…
more -
When to Sell a Stock You've Owned for Years
Malcolm bought a popular tech stock a few years ago and just decided it's time to sell. How did he know? Ricky Mulvey and Malcolm Ethridge discuss: Why Malcolm is selling a streaming giant after a multi-year run, and why he believes there are signs the company's best growth days are behind it....
-
Why Smart People Take Dumb Money Risks
A 24-year-old hedge fund manager said he had more "situational awareness" than anyone on Wall Street. Then his leveraged bets on memory chipmakers blew up, forcing a fire sale to Ken Griffin. Wall Street is pretty smart. Ricky Mulvey and Malcolm Ethridge discuss: - How Leopold Aschenbrenner's AI...
-
ServiceNow's Pitch: A Kill Switch for Rogue Bots
ServiceNow is down 50% over the past twelve months. Investors are doubting the company's place in a world with AI agents. But, maybe the software giant is figuring it out… Ricky Mulvey and Malcolm Ethridge discuss: - OpenAI’s latest scandal. Its bot broke out of a sandboxed test environment and...
-
Canaries in the AI Coal Mine
Uber, Tesla, xAI, Meta, and now IBM have all quietly signaled the same thing: AI is too expensive. Ricky Mulvey and Malcolm Ethridge discuss: Whether "gotcha questions" in media interviews (from Tucker Carlson to JD Vance on Rogan) actually work Why Malcolm bought Netflix into weakness after a...
-
Remember Nvidia’s Memory
Nvidia’s valuation is the cheapest it has been since the AI boom. Traders’ attention moved to memory chipmakers. They may have forgotten that Nvidia makes advanced memory systems. Ricky Mulvey and Malcolm Ethridge discuss:- An unpaid intern getting “fired” for demanding $32 per hour, and if…
more -
Welcome to Crazy Town, Population: $1.4 Trillion Margin Debt
US margin debt, what investors borrow from their brokerages to buy securities, rose 54% from a year ago. Don’t take the punch bowl away! Ricky Mulvey and Malcolm Ethridge discuss: Malcolm’s prediction that Sam Altman will have to walk back OpenAI's spending commitments in the back half of 2026.…
more -
Polymarket's Fake Bets. Wendy’s Becomes a Meme Stock.
Polymarket reportedly paid creators to post videos of themselves "winning" bets that didn't exist. The Wall Street Journal found 118 videos showing nearly $900,000 in winnings — bets that, in reality, would have lost more than $166,000, placed on a creatively misspelled lookalike site. Meanwhile,...
-
Is The Market Too Hot To Trust?
Elon Musk says SpaceX could hit $1 trillion in revenue by 2030, a fifteen-fold jump from 2027 estimates. Parts of the market feel like they're on fire. So where does a long-term bull actually put money when they don't want to chase 40%-in-a-week moves? Ricky Mulvey and Malcolm Ethridge discuss…
more -
Is the American Dream Dead? w/ Freddie Smith
Is the American Dream Dead? w/ Freddie Smith Over the past 50 years, Americans created roughly $140 trillion in new wealth. Roughly two SpaceX’s worth of wealth reached the bottom half. Actor-turned-economic-commentator Freddie Smith argues the American dream isn't dead, but the timeline to reach...
-
The Real Reason for Big Tech Layoffs
Google is raising $80 billion, and nearly 40% of it is going to the IRS, not data centers. Is Big Tech cutting employees to pay a tax bill? Ricky Mulvey and Malcolm Ethridge discuss: Why index funds are forced to buy SpaceX at a bad time The Nasdaq rule change that helps big IPOs, and possible...
-
Why Did SpaceX Buy $131 Million of Cybertrucks?
SpaceX is mostly an AI company now. Or, that’s where it sees most of its total addressable market in one of the largest economic opportunities “in human history.” Well, that's according to the company. Malcolm is more skeptical. Is this the last big bang in the AI bull market? What's buried in…
more -
Microsoft's Early Retirement Offer and What It Teaches Everyone Else
Malcolm flies solo this week to break down one of the more generous early retirement packages in recent memory, and whether "generous" and "right for you" are actually the same thing. He covers: - What makes Microsoft's offer different from a typical severance package (hint: five years of health...
-
The Beginning of Facebook's Decline?
Meta is losing users for the first time in company history. It has a mountain of debt loaded in other development companies. Is this a blip for an unstoppable force or the beginning of a slow decline?Ricky Mulvey and Malcolm Ethridge discuss: - America’s debt problem, and the landmark of owing…
more -
Investing in 2026 vs. 1999
This isn’t just like the dot-com boom, but you’ll find pockets of “irrational exuberance” if you look a little bit. Ricky Mulvey and Malcolm Ethridge discuss: - How arena football shows the “dark part” of the American Dream. - Why Malcolm believes that parts of the stock market are overheated and...
-
OpenAI Is Leaking, Big Tech is Earning
Someone at OpenAI leaked that it is missing targets, but they didn't leak the numbers. That's either a red flag or a setup. Malcolm Ethridge and Ricky Mulvey discuss: The OpenAI leak: why leak a miss without leaking the actual numbers? Meta deception, the magic trick concept that might explain…
more -
The AI Bill is Coming Due
The companies building the AI future are the same ones laying off thousands of employees. This means that the AI story is changing. LLMs aren’t taking jobs quite yet, but AI companies that took on mountains of debt are cutting staff while interest rates rise. Malcolm Ethridge and Ricky Mulvey...
-
Why Are Stocks at All-Time Highs?
Is the stock market ignoring the war in Iran? And why did Allbirds shoot up 800% in one single day? Jason Moser joins Ricky Mulvey to talk about: How solid earnings results are powering stock prices. Why Allbird’s pivot to AI is one of the most insane business stories ever. Ricky’s reporting on...
-
Are Space Stocks Overheated?
SpaceX could be the biggest IPO in history. Is this the beginning of the space economy, or peak optimism? Ricky and Malcolm sit down with Yuri Khodjamirian, CIO of Tema ETFs, which runs the NASA ETF, an actively managed space fund. They discuss: Why falling launch costs are the key to the space...
-
Is OpenAI the next WeWork?
OpenAI just wrapped up a $122 billion funding round, but some investors are having trouble selling OpenAI stock in private markets. Malcolm Ethridge and Ricky Mulvey discuss: - Investing during the uncertainty of the Iran War, and one sector where investors may find some safety. - Oracle’s 30,000...
-
Take Afroman Seriously, Not Elon Musk
Five minutes before Trump announced a halt to Iran airstrikes, a trader reportedly bought $1.5 billion in S&P 500 futures and sold $200 million in oil futures. The orders were four to six times larger than anything else in the market at that moment. Huh. Isn't that interesting? Also: Afroman won...
-
Is America FINALLY Pushing Back on Online Gambling?
Seven states now allow full online casinos on your phone, such as slots and blackjack. But, two states, Virginia and Massachusetts, just shelved iGaming bills. Is the tide turning on mobile gambling? Ricky and Malcolm also dig into why gold is falling even as the Iran war drags on, and break down...
-
The Great Wealth Transfer w/ Hanna Horvath Pt. 2
The Great Wealth Transfer is such a big conversation that we're dedicating two shows to the topic. Hanna Horvath, CFP®, writes Your Brain on Money. She joins Ricky and Malcolm for the second part of their conversation about the Great Wealth Transfer. In this episode, they discuss: - The effect of...
-
The Iran War Impacts Your Investments, Live Nation's Settlement Changes Nothing
Ricky Mulvey and Malcolm Ethridge take a breath and explain why right now is a bad time to make big money decisions. They discuss: - The economics of the Iran War, and Ricky breaks down some of his reporting on the cost of the conflict. - Robinhood’s new investment vehicle for retail investors to...
-
The Great Wealth Transfer w/ Hanna Horvath Pt. 1
Tens of trillions of dollars are expected to change hands between generations in the coming decades. What does this mean for our society, for the families passing down money, or for the kids who have to pull themselves up by the bootstraps? Hanna Horvath, CFP®, writes Your Brain on Money. She…
more -
Know What You Own, Our Rules for Investing
**NOTE: We recorded this before the Iran War started.** Sure, we’ve got earnings coverage, but we are also taking a step back to discuss our personal rules for investing and how to stay disciplined in any market. Malcolm Ethridge and Ricky Mulvey discuss: - How Ricky won $2,600 back from an…
more -
Jason Moser Talks Stocks
JMo is back! Motley Fool Senior Analyst, Jason Moser, joins Ricky Mulvey and Malcolm Ethridge to discuss what's actually happening in the AI selloff, and what's just noise. They discuss The companies that AI will not disrupt. If the Citrini Research AI doom scenario, causing a market sell-off, is...
-
Private Credit Freezes, Investors Feel a Chill
Blue Owl Capital just froze quarterly withdrawals from its private credit fund, and retail investors can't access their money. We explain why this isn't just a Blue Owl problem and why you want to know if you own private credit funds. Malcolm Ethridge and Ricky Mulvey discuss: - The private…
more -
Invest for an AI Crash? Plus, We Reveal Epstein’s Stock Trades
The AI selloff is building momentum, and investors are moving to safety. Is it time to become a contrarian? Plus, Ricky reveals Jeffrey Epstein's brokerage statements. They break down his biggest mistakes: $300,000 in Yahoo, terrible options trades, and swing trading that lost money during a bull...
-
Netflix's Warner Bros Problem, OpenAI's Nvidia Drama, and SpaceX Going Public
Why is SpaceX adding an AI company (that Elon Musk also owns)? Ricky Mulvey and Malcolm Ethridge discuss: - Why Warner Bros. Discovery could earn Netflix’s stock a “conglomerate discount”, and why Ricky changed his mind on the stock. - Malcolm breaks down why OpenAI’s relationship with Nvidia…
more -
Resist and Unsubscribe: Can You Actually Boycott Big Tech?
Scott Galloway is calling for Americans to “Resist and Unsubscribe,” canceling big tech subscriptions. The call is for cancellations including Amazon Prime, Netflix, ChatGPT, and Apple services. The hope is that it will lead to political change. But will it work? And what happens if it does?...
-
Sell America Gets Real
America did not make more friends at the World Economic Forum. And while stories about Greenland and tariffs flare up, the ground may be shifting as more central banks buy up gold. Ricky Mulvey and Malcolm Ethridge discuss: - Why Malcolm is purchasing the stocks of big banks and ServiceNow. - If...
-
Elon Musk: "Don't Save for Retirement" – AI Will Make It Irrelevant
Elon Musk just told a podcast audience they don't need to save for retirement because AI will provide universal high income. Meanwhile, someone placed a $74 million options bet on Taiwan Semiconductor right before a major tariff announcement. And Trump's proposing a 10% credit card interest rate...
-
Economic Narratives 2026: Dedollarization, AI Profits, and Bitcoin
What stories are going to drive the economy and the market this year? Malcolm Ethridge and Ricky Mulvey discuss: - De-dollarization: Why central banks are buying gold and what it means for the U.S. dollar's reserve currency status. - AI profitability: Do AI projects need to start generating cash…
more -
Is Common Financial Wisdom ACTUALLY True?
Some financial truisms become common knowledge for good reason. Some deserve to be revisited. Malcolm Ethridge and Ricky Mulvey discuss: - If young people should save as much as they can early in their career. - How investors should think about their “return on effort”. - The economic rules of…
more -
What Fighting, Sex, and Pizza Reveal About the Economy
Data doesn’t always capture what’s happening in the economy. Malcolm Ethridge and Ricky Mulvey discuss: - Malcolm’s biggest market worry for 2026. - How the state of boxing reflects the broader economy. - Why sugar daddies are spending less. - Tighter spending showing up at pizza chains. We are...
-
How to Invest For Decades w/ John Rotonti
John Rotonti is a Portfolio Manager for Bastion Fiduciary where he runs the Bastion Industrial and Infrastructure Portfolio. He joined Ricky Mulvey for a conversation about: - The housing shortage and how John is approaching it as an investor. - Finding high-quality companies. - A less-discussed...
-
An OpenAI IPO? w/ Alex Kantrowitz
When will OpenAI go public? Could it really happen as soon as 2026? What will AI wearables actually look like? And why has the market largely forgotten about Waymo? Alex Kantrowitz, who writes the Big Technology Substack and hosts the Big Technology podcast, joins Ricky and Malcolm to break it...
-
Your Online Grocer "Randomly" Raises Prices
Instacart is testing different prices for the same basket of goods, sold from the same grocery store and at the same time. Algorithmic pricing is in your grocery cart. Ricky Mulvey and Malcolm Ethridge discuss: - Disney allowing its characters on OpenAI’s Sora platform. - Why Malcolm is losing...
-
Work From Home Is Dying. Investors Haven’t Noticed.
More than half of Fortune 100 companies have asked “desk-using employees” to come back to the office five days a week. But office REITs are not roaring back. Malcolm Ethridge and Ricky Mulvey discuss: - Crypto’s downturn, and if it represents a “buy the dip” opportunity. - Meta cutting its...
-
Retail is Nervous. Wall Street Isn’t. Why?
Retail investors are selling off risky assets, like Bitcoin, but the big institutional money is sitting tight. Ricky Mulvey and Malcolm Ethridge discuss: - The surprising number of high-income earners using Buy Now Pay Later. - Abercrombie & Fitch as a buyback machine. - Why retail investors are...
-
How to Beat Financial Nihilism w/ Hanna Horvath
AI is propping up the economy. Homes aren’t affordable. You don’t feel like you’re making enough at your job. So what do you do? Hanna Horvath, CFP®, writes the Substack “Your Brain on Money” and joined Malcolm and Ricky for a conversation about: - How the definition of being middle class is...
We're indexing this podcast's transcripts for the first time — this can take a minute or two. We'll show results as soon as they're ready.
No matches for "" in this podcast's transcripts.
No topics indexed yet for this podcast.
Loading reviews...
ABOUT THIS SHOW
Long-form conversations that challenge consensus thinking about markets, money, and the economy. We question the narratives everyone else accepts and welcome contrarian ideas.Hosted by Malcolm Ethridge and Ricky Mulvey
HOSTED BY
Malcolm Ethridge and Ricky Mulvey
CATEGORIES
Loading similar podcasts...
Frequently Asked Questions
How many episodes does This Time Is Different have?
This Time Is Different currently has 149 episodes available on PodParley. New episodes are automatically indexed when they're published to the podcast feed.
What is This Time Is Different about?
Long-form conversations that challenge consensus thinking about markets, money, and the economy. We question the narratives everyone else accepts and welcome contrarian ideas.Hosted by Malcolm Ethridge and Ricky Mulvey
How often does This Time Is Different release new episodes?
This Time Is Different publishes regularly with 149 episodes available. Check the episode list for the typical release schedule.
Where can I listen to This Time Is Different?
You can listen to This Time Is Different on PodParley by clicking any episode. We provide an embedded audio player for direct listening, and you can also subscribe via your preferred podcast app using the RSS feed.
Who hosts This Time Is Different?
This Time Is Different is created and hosted by Malcolm Ethridge and Ricky Mulvey.
URL copied to clipboard!