Melt-Up or Mirage? Markets Ignore Everything but Earnings

About this episode

Hosts discuss the implications of rising markets driven by earnings and AI, questioning if this trend signals a future downturn.

Markets are ripping higher on blockbuster earnings and AI euphoria—but on this week's markets wrap, hosts Merryn Somerset Webb and John Stepek aren’t buying the calm. From contrarian magazine covers to a looming of IPO supply, they ask whether this melt-up is masking the seeds of the next downturn. See omnystudio.com/listener for privacy information.

People in this episode

Hosts: Merryn Somerset Webb, John Stepek

Topics covered

• market trends
• earnings
• AI
• IPO supply
• economic downturn

Keywords

• markets
• earnings
• AI euphoria
• IPO
• economic downturn

Mentioned in this episode

Organizations: Bloomberg

More episodes of Merryn Talks Money

• Are Public Markets Back? · June 12, 2026 · 16 min
• The Rich Are Getting Richer: What Do They Want From Wealth Managers? · June 10, 2026 · 25 min
• SpaceX Emergency Podcast: FOMO is Not an Investment Strategy · June 9, 2026 · 18 min
• Why Democracy Needs the Rich: John O. McGinnis on Wealth, Power and Pluralism · June 8, 2026 · 33 min
• SpaceX Fever, Bitcoin's Bad Week and How to Get the UK Investing · June 5, 2026 · 22 min
• Inheritance Tax Is Catching More People — Here's How to Fight Back · June 3, 2026 · 24 min