Weekly Market Impact

This week, Phil welcomes special guest Harry Sudock of CleanSpark for a deep dive into AI, power generation, and the future of bitcoin. Index performance does not reflect the deduction of any fees and expenses, and if deducted, performance would be reduced. Indexes are unmanaged and investors are not able to invest directly into any index. Past performance cannot guarantee future results. Performance data is sourced from Bloomberg, JP Morgan, Goldman Sachs, Wells Fargo, Charlie Bilello, Visual Capitalist, and First Trust. Past performance is not indicative of future results. Investing involves risk, including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss. In general, the bond market is volatile; bonds are subject to credit risk and interest rate risk (bond prices rise when interest rates fall and vice versa). This effect is usually pronounced for long-term securities. Any fixed-income security sold or redeemed prior to maturity may be subject to a substantial gain or loss.  Vehicles that invest in lower-rated debt securities (commonly referred to as junk bonds or high-yield bonds) involve additional risks because of the lower quality credit of the issuers. Stocks may be subject to even greater volatility and liquidity risk.  A portfolio of international investments involves special risks not present with U.S. investments due to factors such as increased volatility, currency fluctuation, and differences in auditing and other financial standards. These risks can be accentuated in emerging markets. Despite strong historical performance, securities carry risk and may not continue to perform similarly in the future. The statements provided herein are based solely on the opinions of the Ladenburg Thalmann Asset Management (Ladenburg) Research Team and are being provided for general information purposes only. Neither the information nor any opinion expressed constitutes an offer or a solicitation to buy or sell any securities or other financial instruments. Any opinions provided herein are not intended to provide legal or tax advice or investment decisions. Any political views expressed are personal opinions and are not intended as investment advice. Certain information may be based on information received from sources the Ladenburg Research Team considers reliable; however, accuracy and completeness of such information cannot be guaranteed. Certain statements contained herein may constitute "projections," "forecasts" and other "forward-looking statements" which do not reflect actual results and are based primarily upon applying retroactively a hypothetical set of assumptions to certain historical financial information. Any opinions, projections, forecasts and forward-looking statements reflect the judgment of the Ladenburg Research Team only as of the date of this document and are subject to change without notice. Ladenburg has no obligation to provide updates or changes to these opinions, projections, forecasts and forward-looking statements. Ladenburg is not soliciting or recommending any action based on any information in this podcast. Crypto assets (including bitcoin) involve significant risk, are speculative in nature, may lose all value, and are not appropriate for all investors. Crypto assets are not insured by the FDIC or SIPC, may lack regulatory protections, and carry technology, operational, and cybersecurity risks. Ladenburg is an SEC Registered Investment Adviser under the Investment Advisers Act. Registration does not imply a certain level of skill or training. Ladenburg provides investment advisory services and may serve as a sub-advisor for accounts managed by third-party advisers or may be included in advisory platforms sponsored or administered by affiliates or third-party advisers. Ladenburg does not provide tax or legal advice. Please consult your tax advisor or attorney. For additional information, please see the Program Disclosure Brochure or ADV Part II for full details, which are available upon request or please visit adviserinfo.sec.gov. Securities and investment advisory services are offered through the firms: Osaic Wealth, Inc. and Osaic Institutions, Inc., broker-dealers, registered investment advisers, and members of FINRA and SIPC. Securities are offered through Osaic Services, Inc. and Ladenburg Thalmann & Co., broker-dealers and members of FINRA and SIPC. Advisory services are offered through Ladenburg Thalmann Asset Management, Inc., Osaic Advisory Services, LLC and CW Advisors, LLC, registered investment advisers. Advisory programs offered by Osaic Wealth, Inc. are sponsored by VISION2020 Wealth Management Corp., an affiliated registered investment adviser. © Osaic, Inc. • osaic.com

This week, Phil discusses the U.S. dollar, the latest announcement from the Federal Reserve, and current trends in global trade.

This week, Phil breaks down the latest inflation data and previews a big week for earnings, sharing his insights on current market conditions and what to expect in the week ahead.

This week, Phil talks about the latest headlines and why they're not impacting markets, dives into new inflation data, and explains the rising success of sectors beyond the Magnificent Seven.

This week, Phil discusses his 2026 investment themes, analyzes the latest job market data, and provides an update on artificial intelligence developments.

This week, Phil looks back at 2025, to discuss the year's biggest surprises and the expectations that didn't quite pan out.

This week, Phil wraps up 2025 with an update on the Santa Claus rally, market reflections and has a special guest- his daughter Marcella Blancato!

This week, Phil has special guests Aidan Redmond and Fred Boy from the Ladenburg Research team to discuss their 2025 hot topics along with Phil's latest insights on inflation data.

This week, Phil is joined by Jaime Desmond and Matt Crosby from the Ladenburg team to discuss the consumer, inflation and holiday spending.

This week, Phil is joined by Loukas Ganas and Ben Dennis, CFA from the Ladenburg Research team to discuss 2025's unexpected economic twists and the what the latest inflation data reveals.

This week, Phil breaks down the latest trends from Black Friday and Cyber Monday spending, explores how AI is boosting productivity, and shares what to expect as we head into December.

This week, Phil is joined by Matt Crosby from the Ladenburg research team to talk about the cost of Thanksgiving prices versus last year, the latest on markets, and if there is really an AI tech bubble.

This week, Phil is joined by Ben Dennis, CFA from the Ladenburg research team to give an update on tariffs, the consumer, and holiday spending.

This week, Phil talks about stock valuations, opportunities in other markets, and a salute to our Veterans.

This week, Phil talks about taking profits, the strength of the US dollar and the latest on the government shutdown.

This week, Phil has special guest Mike Collins, Managing Director and Executive Portfolio Advisor from Prudential Global Investment Management, to discuss stock valuations, bond market opportunities and the health of the overall economy.

This week, Phil discusses the Magnificent 7 valuations; whether we're in an AI bubble, the government shutdown, and the subsequent success of the bond market.

This week, Phil breaks down the market sell-off from Friday, recent GDP forecasts, and the latest headlines impacting markets.

This week, Phil covers the potential impact of the government shutdown, the latest ISM services report, concerns about market valuations and new genetic research that reveals modern potatoes evolved from a hybridization event and have a wild tomato ancestor!

This week, Phil discuses the latest inflation data, earnings growth, and the impact of tariffs so far.

This week, Phil is joined by Aidan Redmond, from the Ladenburg research team to discuss stablecoins, how they're used, as well as the latest updates from the Federal Reserve and current consumer trends. Important Disclosures on Stablecoins: Stablecoin is a type of cryptocurrency designed to have a relatively stable price, typically through being pegged to a commodity or currency or having its supply regulated by an algorithm. Investing in Stablecoins comes with risks, including depegging risk: the primary risk is that the issuer may not be able to redeem tokens at face value, potentially causing the stablecoin to lose its peg (factors like insufficient reserves, lack of transparency, and market conditions can contribute to depegging events), operational and security risks: Stablecoins face risks like smart contract vulnerabilities, hacking, phishing scams, and fraudulent schemes and regulatory risk and Stablecoins are a subject of ongoing regulatory scrutiny due to concerns about risks like money laundering and their potential impact on monetary policy and financial stability. Stablecoins are not insured, guaranteed, or regulated in the same way as traditional securities. This communication is for informational purposes only and does not constitute a recommendation to buy or sell any cryptocurrency. Please consult with a qualified financial professional to determine if such investments align with your financial goals and risk tolerance.

This week, Phil has special guest Jessica Leoncini from Janus Henderson Investors to discuss fixed-income investment options and the Fed's next move.

This week, Phil explores the latest news on the service sector, the labor market, and his concerns for what's next for the Federal Reserve.

This week, Phil will discuss what to expect in September for the markets, the busy week ahead of economic data and the Federal Reserve's potential next move.

This week, Phil has special guest Julie Biel, Chief Market Strategist, from Kayne Anderson Rudnick to discuss market trends, diversification strategies and current investment opportunities.

This week, Phil discusses the latest inflation data, and a strong earnings season continues to fuel market gains despite soft job market numbers.

This week, Phill will focus on the latest inflation trends, concerns surrounding the concentration of the S&P 500, and the overall health of the US economy.

This week, Phil talks about the major surprise in the July 2025 US Jobs report, inflation, and the overall health of the economy, as tariffs may finally be having an impact.

This week, Phil is joined by Matt Crosby from Ladenburg Research to discuss the implications of artificial intelligence for the workforce and the latest on recent market activities.

This week, Phil has special guest Anirudh Kirtane from First Eagle to discuss a variety of topics including Gold and International investing.

This week, Phil provides insights into the evolving tariff situation, the subsequent impact on inflation expectations and the broadening of stock market winners.

This week, Phil gives an update how markets finished for the second quarter, the effects of the Big Beautiful Bill, and the most recent discussions on tariffs.

This week, Phil reviews the second quarter market performance, highlighting key market trends and essential data points to monitor.

This week, Phil is joined by Matt Crosby from Ladenburg Research to discuss the unknown strength of the US labor market and the latest implications of geopolitics on US markets.

This week, Phil talks about how to avoid having politics and geopolitics impact your portfolio.

Why are markets climbing the wall of worry? Listen in this week as Phil goes over the facts versus the headlines.

This week, Phil has special guest David Vaughn, CIO of Global Strategies from ClariVest to discuss behavioral finance, its impact on investing and so much more.

This week, Phil is joined by Ben Dennis, CFA from the Ladenburg research team, to discuss Gold as an asset class and an update on markets.

This week, Phil discusses the implications of the US debt downgrade, last week's rally in stocks and the latest update on inflation.

Markets up on the year? This week, Phil discusses US trade agreements with the UK and China and the positive impact on equity markets.

This week, Phil is joined by Aidan Redmond, from the Ladenburg research team to discuss the success of the Irish economy and the latest tariffs.

Big week for earnings and economic data, but that's not why the markets are rallying. Phil breaks down the latest on market movements and reasons to stay invested.

This week, Phil discusses the current economic data versus what the headlines are suggesting and what is causing market volatility. 

Tariffs, are they a reason to panic? This week, Phil discusses the impact of tariffs and ideas that may help filter out the noise.

This week, Phil has special guest, Steve Lowe, CIO of Thrivent to discuss markets, economy & tariffs.

This week Phil talks about a difficult first quarter, the importance of not panicking, which U.S. stocks are actually up and diversification being the key to success in the markets.

National Debt Doom and Gloom! This week, Phil is joined by Fred Boy, CFA and Analyst for Ladenburg, to discuss the causes, implications and outlook for US Debt.

This week, Phil welcomes special guest Brett Jenkins from Clarion to discuss opportunities in real estate and how to become an investor in a unique and different asset class.

Don't panic, sell-offs are normal! This is when diversification matters. Listen in to Phil's update as to why it's happening and what opportunities are being created.

Are the Mag 7 still magnificent? Can the market climb the wall of worry? Listen in to Phil's update for latest on market performance.

This week, Phil is joined by Matt Crosby, Investment Associate with Ladenburg, for a market update and a discussion on tariffs and the impact on the US Economy.