What If the Next Market Downturn Doesn't Bounce Back? | Darius Dale

About this episode

Investors have gotten used to V-shaped recoveries. What happens if the next downturn isn't one? Eddie Ghabour sits down with Darius Dale, founder and CEO of 42 Macro, for a conversation on risk management, the AI capex cycle, and why both of them think the buy-and-hold era is nearing its limits. Darius makes the case that the fast rebound is a feature of the last two decades rather than a rule, and that most investors today have never seen anything else. He walks through the data behind it: earnings expectations three years out that would require one of the fastest growth rates in three decades of data, a capex cycle with historical rhymes going back to the railroads, and the math on why…