Dec 4, 2025
Derek Moore is joined by Shane Skinner and Mike Snyder to talk about the coming Fed decision and what the market is telling us. Plus, CNN’s Fear and Greed Index is almost at extreme fear so why are most markets near all-time highs? Then, looking at the economy through the lens of Michael Kantro’s HOPE theory and whether the recent ADP employment report is giving mixed messages. All this and more this week.
HOPE = Housing Orders Profits Employment
Russell 2000 Cup or Vase with Handle pattern?
Fed interest rate cut now at 94% probability
Are small caps telling us more rate cuts coming?
Earnings expectations on the Russell 2000 Index?
CNN Fear and Greed Index showing almost extreme fear
Disconnect between Fear and Greed Index vs the stock market
Soft data vs hard data disconnect
Bitcoin and MicroStrategy or Strategy catches a bid on Vanguard news
ADP soft private employment data
Mentioned in this Episode
Rob Arnott on “The Bubble You Can’t Short” episode of Excess Returns podcast https://excessreturnspod.com/podcast/excess-returns/episode/the-bubble-you-cant-short-rob-arnott-on-what-you-can-do-instead
Derek Moore’s book Broken Pie Chart https://amzn.to/3S8ADNT
Jay Pestrichelli’s book Buy and Hedge https://amzn.to/3jQYgMt
Derek’s book on public speaking Effortless Public Speaking https://amzn.to/3hL1Mag
Contact Derek derek.moore@zegainvestments.com