Want to create an interactive transcript for this episode?
Podcast: Money Life with Chuck Jaffe
Episode: Valens' Spivey: Earnings momentum is solid, and will keep this market rolling
Description: Rob Spivey, director of research at Valens Securities, says many investors believe the current stock market run to record levels has been about price momentum, but he says that earnings momentum has shown growth that is strong enough that it should calm the nerves of investors who think the artificial intelligence business is inflating a market bubble. Valens' research revolves around "uniform accounting," and Spivey discusses proposals that would change how often public companies must report earnings, and talks about why he believes it would not have as much impact on the market as many observers expect. T...