{"podcast":{"title":"Full Signal","slug":"full-signal-7568617","podcast_index_feed_id":7568617,"rss_url":"https://anchor.fm/s/10b3e31fc/podcast/rss","website_url":"https://podcasters.spotify.com/pod/show/philrosen","image_url":"https://d3t3ozftmdmh3i.cloudfront.net/staging/podcast_uploaded_nologo/44735927/44735927-1762224313042-f105205d033e1.jpg","author":"Phil Rosen","episode_count":109,"summary":"Unpacking the highest-conviction investment ideas from the world's smartest investors. Award-winning journalist and market strategist Phil Rosen hosts top portfolio managers, capital allocators and Wall Street executives to uncover how they think about markets, pick stocks, manage risk and generate investment ideas. Phil is the Chief Market Strategist at ProCap Financial and the co-founder & CEO of Opening Bell Media. His daily markets newsletter reaches more than 200,000 investors every morning.","last_synced_at":"2026-09-16T00:17:48.487183+00:00","page_url":"https://stenobird.com/podcast/full-signal-7568617"},"episode":{"title":"This stock market looks like 1999 | Ben Carlson","slug":"this-stock-market-looks-like-1999-ben-carlson","published_at":"2026-05-14T12:00:00+00:00","page_url":"https://stenobird.com/podcast/full-signal-7568617/this-stock-market-looks-like-1999-ben-carlson","show_page_url":"https://stenobird.com/podcast/full-signal-7568617","url":"https://podcasters.spotify.com/pod/show/philrosen/episodes/This-stock-market-looks-like-1999--Ben-Carlson-e3jb4bl","audio_url":"https://anchor.fm/s/10b3e31fc/podcast/play/119951157/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-4-13%2F424101016-44100-2-d1eb09922d7a4.mp3","summary":"Ben Carlson is the director of institutional asset management at Ritholtz Wealth Management, and the author of the new book, "Risk & Reward." He joins Phil Rosen to discuss the historic bull market, semiconductor rally and meltup, dot-com comparisons, lessons from Japan's asset bubble, and more. This episode is sponsored by Public: https://public.com/openingbell Subscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribe Follow Phil on X: https://x.com/philrosenn Follow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/ Timestamps: 0:00 - Why Markets Ignore Headlines 1:14 - Momentum and the AI Trade 2:12 - Bull Market Tracker Insights 3:38 - Semis Rally and Air Pockets 5:53 - Nasdaq Melt Up Comparisons 8:01 - Dot-Com Then vs Now 9:10 - Investor Sentiment and Flows 11:20 - Leveraged ETFs and Bubble Talk 13:50 - What Would Turn Bears On 15:56 - New Inflation Regime Reality 16:40 - Ben's New Book "Risk and Reward" 19:02- Japan Bubble Lessons Diversify 23:17 - Investor Identity Time Horizon 25:23 - Ben's Writing Process & Where to Follow Disclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time. #podcast #investing #markets #macro #stocks #bitcoin #fed","meta_description":"Ben Carlson is the director of institutional asset management at Ritholtz Wealth Management, and the author of the new book, \"Risk & Reward.\"…","key_points":[],"chapters":[],"topics":[],"duration_seconds":1673,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/full-signal-7568617/episodes/this-stock-market-looks-like-1999-ben-carlson/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/full-signal-7568617/this-stock-market-looks-like-1999-ben-carlson.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}