This week's Alpha Trader podcast features hosts Aaron Task and Stephen Alpher talking with Cullen Roche, the founder and chief investment officer at Orcam Financial Group, and author of the Pragmatic Capitalism blog.First up for discussion is Friday's employment report, the massive numbers of jobs lost, and the market's continuing rally in the face of bad economic news. Roche believes markets are pricing in big corporate profits 18-24 months from now as a result of today's massive fiscal and monetary stimulus.Work-from-home plays have led the rally, but Roche doesn't think their valuations are sustainable for a whole lot longer. Inflation may become the story within a couple of years, and that might mean it's finally value's time to outshine growth.Other topics covered include Warren Buffett's reluctance to put money to work, and Bitcoin as part of an investment portfolio.
