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Eric Hovde: “The S&P 500 has had great returns, 16.4%. Unprofitable…”

Featuring: Eric Hovde, Republican | Former Candidate, U.S. Senate Wisconsin

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2025 Sunwest Bank Economic Forum with Eric Hovde

Published | Video Starts at 29:20

Same thing happened again the last 12 months. So this is Goldman Sachs, the blue line, Goldman Sachs, nonprofitable tech basket versus the S&P 500. As you can see, The S&P 500 has had great returns, 16.4%. Unprofitable companies have gone up 52.1%. I'm just going to tell you, beware of investments that are attached to the AI bubble. But there's a whole lot of other nonsense out there. There's this company called Opendoor. (29:20–29:29)

CLAIM

Asserts that the S&P 500 returned 16.4% while unprofitable companies increased by 52.1%.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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