Adam Taggart | Thoughtful Money, Released on 12/12/24
As we prepare to enter a new year, there’s a revived optimism on Wall Street. Excited in part by the pro-business policies of the incoming Trump administration, stocks are back to trading at record highs and investor and business confidence is rising. But that said, the average American household is still struggling under a high cost of living, and a labor market that does not seem as robust as we’ve been told. How will this dichotomy resolve in 2025? Will consumers eventually catch Wall Street’s optimism? Or may stocks have to moderate its expectations for economic growth & corporate profits? For an expert view, we’re lucky today to talk with Stephanie Pomboy, economic and market analysis and proprietor of MacroMavens.com.
Stephanie Pomboy is an economist and founder of the economic research firm MacroMavens. Before launching her firm, Pomboy worked as a managing director at an independent economic research firm ISI Group from 1991 to 2002. She provided timely financial insight and analysis to the country’s most sophisticated and largest institutions. Then, she began her career at Cyrus J. Lawrence LLC’s investment management company after earning a bachelor’s degree in 1990. Pomboy spent over a decade working with Ed Hyman and Nancy Lazar at ISI Group and Cyrus J. Lawrence LLC. In addition, Pomboy hosts a joint podcast called The Super Terrific Happy Hour with Grant Williams of Things That Make You Go Hmmm… newsletter.
Adam Taggart is the Founder of Thoughtful Money. He is also Co-Founder and former President of Peak Prosperity. Adam is an experienced Silicon Valley internet executive and Stanford MBA. Prior to partnering with Chris Martenson (Adam was General Manager of our earlier site, ChrisMartenson.com), he was a Vice President at Yahoo!, a company he served for nine years. Before that, he did the ‘startup thing’ (mySimon.com, sold to CNET in 2001). As a fresh-faced graduate from Brown University in the early 1990s, Adam got a first-hand look at all that was broken with Wall Street as an investment banking analyst for Merrill Lynch. Most importantly, he’s a devoted husband and dad.