Show notes
Small caps ripped. Gold fell. Bitcoin argued with itself. David B. Armstrong, CFA and Nate Tonsager, CIPM, CFA break down what actually drove Q2 returns — corporate earnings, not headlines — and why the "Everything Bagel" approach to diversification just proved its worth again. No hot takes. Just the data behind small caps outrunning big tech and nobody talking about it. Please see important podcast disclosure information at https://monumentwealthmanagement.com/disclosures Episode Timeline/Key Highlights: 00:00 - Speculation Has No Earnings 00:28 - Q2 Review Kickoff And Quick Sports Talk 02:32 - The Quarter's Surprise Winners 06:07 - Earnings Boom Bonds Lag Gold Falls 11:22 - Bitcoin As Risk Asset Debate 12:56 - Valuations Concentration And Market Breadth 19:13 - Diversification Still Works 27:34 - Inflation Expectations And Fuel Spillover 34:35 - Ignoring Headlines And Staying Long Term 36:57 - AMA Requests And Closing Connect with Monument Wealth Management: Visit our website: https://monumentwealthmanagement.com/ Follow us on Instagram: https://www.instagram.com/monumentwealth/# Connect on LinkedIn: https://www.linkedin.com/company/monument-wealth-management/ Connect on Facebook: https://www.facebook.com/MonumentWealthManagement Connect on YouTube: https://www.youtube.com/user/MonumentWealth#Fit Subscribe to our Private Wealth Newsletter: https://monumentwealthmanagement.com/subscribe/ Check out our Between Sips Podcast: Where Money Meets Meaning Because money without meaning never feels like wealth. https://monumentwealthmanagement.com/between-sips-podcast/ About "Off the Wall": Markets are noisy. Your time is limited. Off The Wall cuts through the clutter. Hosts David B. Armstrong, CFA and Nate Tonsager, CFA, CIPM bring you straightforward, candid insights about what's really moving markets and why it matters for successful investors. From economic shifts to portfolio positioning, we break down the complexities so you can invest with intention and stay grounded when headlines and life feels chaotic. Learn more about our hosts on our website at https://monumentwealthmanagement.com