Lagniappe

US-Iran MOU: Where Do the Markets Go Now?

Now that the United States and Iran have agreed to a memorandum of understanding, Doug and Greg break down what that means moving forward when it comes to the markets, oil prices, Fed moves, and defense.  Key Takeaways * [00:17] - The US-Iran MOU * [04:06] - Defense tech and what we’ve learned from the Iran War * [10:43] - What’s driving the market next? * [15:15] - The midterm effect View Transcript [https://drive.google.com/file/d/1VQGYsxFv1p3GOBCMesFFDpgavejbu5Yc/view?usp=sharing] Connect with our hosts * Doug Stokes [https://www.linkedin.com/in/doug-stokes-03716932] * Greg Stokes [https://www.linkedin.com/in/gregorystokesfamilyoffice/] * Stokes Family Office [https://stokesfamilyoffice.com/] Subscribe and stay in touch * Apple Podcasts [https://podcasts.apple.com/us/podcast/lagniappe/id1606560285] * Spotify [https://open.spotify.com/show/6xtFsJWYErp2bZfyhOzQux] * lagniappe.stokesfamilyoffice.com [http://lagniappe.stokesfamilyoffice.com/] Disclosure The information in this podcast is educational and general in nature and does not take into consideration the listener's personal circumstances. Therefore, it is not intended to be a substitute for specific, individualized financial, legal, or tax advice. To determine which strategies or investments may be suitable for you, consult the appropriate, qualified professional prior to making a final decision. Different types of investments involve varying degrees of risk. Therefore, it should not be assumed that future performance of any specific investment or investment strategy (including the investments and/or investment strategies referenced in our blogs/podcasts) or any other investment and/or non-investment-related content or services will be profitable, equal any historical performance level(s), be suitable or appropriate for a reader/listener’s individual situation, or prove successful. Moreover, no portion of the blog/podcast content should be construed as a substitute for individual advice or services from the financial professional(s) of a reader/listener’s choosing, including Stokes Family, LLC, a registered investment adviser with the SEC, with which the blogger/podcasters are affiliated.

The SpaceX IPO and Elon’s Big Bet on Space

It’s SpaceX IPO week! Greg and Doug discuss that opening, then dive into recent market volatility and why it’s historically normal. They’ll also talk about Elon’s big bet on space and how this burst of technological innovation is affecting defense, work efficiency, the economy, and our everyday lives. Key Takeaways * [00:17] - Understanding the recent market correction with historical context * [05:50] - The market impact of no resolution in Iran * [07:34] - Technological innovation in defense and space * [12:43] - The SpaceX IPO * [16:18] - Elon’s big space bet * [18:20] - The economic/life implications of data centers and AI View Transcript [https://drive.google.com/file/d/170WyU7q9Ec-uwNaRdDAXwiXZvcxZ_V7f/view?usp=sharing] Links * Market declines — A little history [https://www.capitalgroup.com/retirement/participant/basics/volatile-market/market-declines.html] * The Teachers Getting $50,000 Bonuses Thanks to a Massive Meta Data Center [https://www.wsj.com/us-news/education/the-teachers-getting-50-000-bonuses-thanks-to-a-massive-meta-data-center-b4631d05] Connect with our hosts * Doug Stokes [https://www.linkedin.com/in/doug-stokes-03716932] * Greg Stokes [https://www.linkedin.com/in/gregorystokesfamilyoffice/] * Stokes Family Office [https://stokesfamilyoffice.com/] Subscribe and stay in touch * Apple Podcasts [https://podcasts.apple.com/us/podcast/lagniappe/id1606560285] * Spotify [https://open.spotify.com/show/6xtFsJWYErp2bZfyhOzQux] * lagniappe.stokesfamilyoffice.com [http://lagniappe.stokesfamilyoffice.com/] Disclosure The information in this podcast is educational and general in nature and does not take into consideration the listener's personal circumstances. Therefore, it is not intended to be a substitute for specific, individualized financial, legal, or tax advice. To determine which strategies or investments may be suitable for you, consult the appropriate, qualified professional prior to making a final decision. Different types of investments involve varying degrees of risk. Therefore, it should not be assumed that future performance of any specific investment or investment strategy (including the investments and/or investment strategies referenced in our blogs/podcasts) or any other investment and/or non-investment-related content or services will be profitable, equal any historical performance level(s), be suitable or appropriate for a reader/listener’s individual situation, or prove successful. Moreover, no portion of the blog/podcast content should be construed as a substitute for individual advice or services from the financial professional(s) of a reader/listener’s choosing, including Stokes Family, LLC, a registered investment adviser with the SEC, with which the blogger/podcasters are affiliated.

AI Tailwinds and US Market Resilience

Greg and Doug give an update on Iran as truce negotiations continue. They’ll explore the impact on global markets and the US economy's resilience. The guys also discuss the ongoing, massive reindustrialization centered around AI and the potential long-term deflationary effects of these technological advancements. Key Takeaways * [00:17] - An update on Iran * [04:07] - US market resilience * [06:52] - AI tailwinds * [10:02] - What’s driving the growth of the stock market? * [13:15] - Ford, EVs, and AI * [16:17] - Technology is the ultimate deflationary factor View Transcript [https://drive.google.com/file/d/10nk2rv6ac5sFKm9adwSHgQe-FIpcXj_2/view?usp=sharing] Links * US Iran Agree on Further Truce Pending Signoff [https://www.bloomberg.com/news/articles/2026-05-28/iran-us-accuse-each-other-of-truce-breach-with-no-deal-in-sight] * Micron stock jumps after company tops $1 trillion in market cap [https://finance.yahoo.com/markets/article/micron-stock-jumps-after-company-tops-1-trillion-in-market-cap-134443842.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAFJ4YsGffvSM7bw5ekl8SNrnEBPEVSCJZfW8HIht1G4M20j_kDJCKUTowDCcB8nLRpmGSrZc2y2oQDMEm_EF4ss2SgX_JyxDR6xXAj0yjFOzJt-84JtCr7US46HtY-O3Zofe5P598JXa8ZoOS1c-ywpPOrtrDo8cACplHXMhZ4vY] * EVs, hybrids to hit 30% of car sales in 2026: IEA [https://www.semafor.com/article/05/21/2026/evs-hybrids-to-hit-30-of-car-sales-in-2026-iea] * Roche: Deflation — not inflation — poses a bigger risk in the age of A [https://www.linkedin.com/videos/philrosen_deflation-not-inflation-poses-a-bigger-activity-7416116718030565376-xHMc/] Connect with our hosts * Doug Stokes [https://www.linkedin.com/in/doug-stokes-03716932] * Greg Stokes [https://www.linkedin.com/in/gregorystokesfamilyoffice/] * Stokes Family Office [https://stokesfamilyoffice.com/] Subscribe and stay in touch * Apple Podcasts [https://podcasts.apple.com/us/podcast/lagniappe/id1606560285] * Spotify [https://open.spotify.com/show/6xtFsJWYErp2bZfyhOzQux] * lagniappe.stokesfamilyoffice.com [http://lagniappe.stokesfamilyoffice.com/] Disclosure The information in this podcast is educational and general in nature and does not take into consideration the listener's personal circumstances. Therefore, it is not intended to be a substitute for specific, individualized financial, legal, or tax advice. To determine which strategies or investments may be suitable for you, consult the appropriate, qualified professional prior to making a final decision. Different types of investments involve varying degrees of risk. Therefore, it should not be assumed that future performance of any specific investment or investment strategy (including the investments and/or investment strategies referenced in our blogs/podcasts) or any other investment and/or non-investment-related content or services will be profitable, equal any historical performance level(s), be suitable or appropriate for a reader/listener’s individual situation, or prove successful. Moreover, no portion of the blog/podcast content should be construed as a substitute for individual advice or services from the financial professional(s) of a reader/listener’s choosing, including Stokes Family, LLC, a registered investment adviser with the SEC, with which the blogger/podcasters are affiliated.

The IPO Frenzy Is Here & The Prediction Charlatans Are Back

Greg and Doug Stokes analyze the recent market surge, IPO frenzy, and the implications of AI and tech stocks. They discuss upcoming IPOs like Cerebris and SpaceX, market bubble concerns, and insights from market experts like Michael Burry and Jeffrey Gunlock. Key Takeaways * [00:17] - The AI IPO frenzy has begun * [07:27] - Are bubble concerns unwarranted? * [09:35] - The prediction charlatans are back View Transcript [https://drive.google.com/file/d/1kIOcUKswn_AoKjzHLWVPMMjysgNIT9br/view?usp=sharing] Links * Matt Cerminaro: $100 Billion Companies [https://chartkidmatt.com/p/100-billion-companies] * Would We Be In A Recession Without AI Stocks? [https://trendlabs.com/would-we-be-in-a-recession-without-ai-stocks/] Connect with our hosts * Doug Stokes [https://www.linkedin.com/in/doug-stokes-03716932] * Greg Stokes [https://www.linkedin.com/in/gregorystokesfamilyoffice/] * Stokes Family Office [https://stokesfamilyoffice.com/] Subscribe and stay in touch * Apple Podcasts [https://podcasts.apple.com/us/podcast/lagniappe/id1606560285] * Spotify [https://open.spotify.com/show/6xtFsJWYErp2bZfyhOzQux] * lagniappe.stokesfamilyoffice.com [http://lagniappe.stokesfamilyoffice.com/] Disclosure The information in this podcast is educational and general in nature and does not take into consideration the listener's personal circumstances. Therefore, it is not intended to be a substitute for specific, individualized financial, legal, or tax advice. To determine which strategies or investments may be suitable for you, consult the appropriate, qualified professional prior to making a final decision. Different types of investments involve varying degrees of risk. Therefore, it should not be assumed that future performance of any specific investment or investment strategy (including the investments and/or investment strategies referenced in our blogs/podcasts) or any other investment and/or non-investment-related content or services will be profitable, equal any historical performance level(s), be suitable or appropriate for a reader/listener’s individual situation, or prove successful. Moreover, no portion of the blog/podcast content should be construed as a substitute for individual advice or services from the financial professional(s) of a reader/listener’s choosing, including Stokes Family, LLC, a registered investment adviser with the SEC, with which the blogger/podcasters are affiliated.

AI Is Fueling An American Manufacturing Resurgence

The market has shifted its story from the Iran conflict to the AI wave. How big and profitable can it be, and will companies grow into their lofty valuations? Greg and Doug break it all down and optimistically explain how this AI surge has brought back American manufacturing dominance.  Key Takeaways * [00:16] - Our weekly Iran and AI updates * [02:47] - Surprising, reemerging winners of the AI race * [04:38] - American manufacturing resurgence * [10:38] - Conflict and oil are not affecting the macro economy  * [13:56] - Forward-looking American optimism  View Transcript [https://drive.google.com/file/d/1C_Yyc0my2jys5KKgVu-dvlwGkN2hyJ7b/view?usp=sharing] Links * Ben Carlson: Higher Gas Prices [https://awealthofcommonsense.com/2026/05/higher-gas-prices/] Connect with our hosts * Doug Stokes [https://www.linkedin.com/in/doug-stokes-03716932] * Greg Stokes [https://www.linkedin.com/in/gregorystokesfamilyoffice/] * Stokes Family Office [https://stokesfamilyoffice.com/] Subscribe and stay in touch * Apple Podcasts [https://podcasts.apple.com/us/podcast/lagniappe/id1606560285] * Spotify [https://open.spotify.com/show/6xtFsJWYErp2bZfyhOzQux] * lagniappe.stokesfamilyoffice.com [http://lagniappe.stokesfamilyoffice.com/] Disclosure The information in this podcast is educational and general in nature and does not take into consideration the listener's personal circumstances. Therefore, it is not intended to be a substitute for specific, individualized financial, legal, or tax advice. To determine which strategies or investments may be suitable for you, consult the appropriate, qualified professional prior to making a final decision. Different types of investments involve varying degrees of risk. Therefore, it should not be assumed that future performance of any specific investment or investment strategy (including the investments and/or investment strategies referenced in our blogs/podcasts) or any other investment and/or non-investment-related content or services will be profitable, equal any historical performance level(s), be suitable or appropriate for a reader/listener’s individual situation, or prove successful. Moreover, no portion of the blog/podcast content should be construed as a substitute for individual advice or services from the financial professional(s) of a reader/listener’s choosing, including Stokes Family, LLC, a registered investment adviser with the SEC, with which the blogger/podcasters are affiliated.