Podcasts about bull market

Phoenix Financial Services' Wayne Kaufman outlines the current bull market's momentum, noting excellent market breadth and positive sentiment. He delves into how corporate earnings growth, fueled by efficiencies and A.I. innovations, justifies current valuations despite a vanished equity risk premium. Kaufman also highlights several semiconductor and electronics manufacturing companies poised for continued growth, including Taiwan Semiconductor Manufacturing Company (TSM), Applied Materials (AMAT), Lam Research (LRCX), ASE Technology Holding Company (ASX), and the iShares MSCI South Korea ETF (EWY), which includes Samsung Electronics and SK Hynix. ======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

Today on Stinchfield, we expose one of the most powerful weapons used against everyday investors: the financial media’s psyop of negativity. Fear sells. Panic controls. And Wall Street knows it. While the headlines scream recession, collapse, and doom, something very different is happening beneath the surface. The truth is, the bull market isn’t over—it may be just getting started. And 2026 could be one of the most profitable years for those who understand what the media refuses to tell you. We’re joined by Wall Street veteran Kip Herriage, CEO of Vertical Research Advisory, who breaks down how this nonstop drumbeat of negativity is designed to shake you out of winning positions—and how smart money is positioning right now. Kip lays out the real signals, the coming catalysts, and the keys to beating the market in 2026—not with hype, but with data, discipline, and clarity. If you’re tired of being emotionally manipulated by financial media and want to understand where the market is actually headed, this is a conversation you cannot miss. vraletter.com See omnystudio.com/listener for privacy information.

Rick Rule joins Jay to explain why the recent strength in gold, silver, and commodities may still be early in a much larger cycle. Drawing on decades of market experience, Rick breaks down how underinvestment, supply shortfalls, and mispriced risk are setting the stage for what he believes could become a historic commodities bull market over the next two years. Connect with Rick: https://x.com/RealRickRule https://www.ruleinvestmentmedia.com/ Join us LIVE at the Vancouver Resource Investment Conference on January 25 & 26. Tickets: https://VRICMedia.com Learn to invest alongside the top minds in commodities. Join The Commodity University today. CLICK: https://linkly.link/26yH8 Sign up for my free weekly newsletter at https://2ly.link/211gx Be part of our online investment community: https://cambridgehouse.com https://twitter.com/JayMartinBC https://www.instagram.com/jaymartinbc https://www.facebook.com/TheJayMartinShow https://www.linkedin.com/company/cambridge-house-international 00:00 — Are investors late to the gold and silver rally? 01:29 — Rick Rule's "three" questions for junior mining CEOs 06:41 — Capital structure, patience, and long-term value creation 09:46 — Why volatility is the cost of big wins 13:22 — Opening VRIC with decades of experience 14:01 — Why Rule thinks a major commodities bull market is still ahead 16:46 — Gold stocks, earnings surprises, and analyst blind spots 19:36 — Institutional money and precious metals allocations 22:02 — Copper shortages, oil underinvestment, and supply constraints 27:09 — Why price discovery is inevitable in copper and energy 37:34 — Venezuela, oil markets, and separating headlines from reality Copyright © 2025 Cambridge House International Inc. All rights reserved.

Craig Johnson, chief market technician at Piper Sandler, says three consecutive years of stock market gains aren't going to come to a dead stop, but he does think the market's pace will slow down in 2026, where he has a target for the Standard & Poor's 500 of 7,150. Johnson expects a strong first quarter, but suggests investors might want to start building up cash for a pullback that could occur in the second or third quarter, noting that this market is "acting more like a light switch than a dimmer," meaning it will have on-off volatility rather than more gentle moves. David Goerz, chief executive and chief investment officer at Strategic Frontier Management, sees the market reaching a similar peak — he picked 7,200 on the S&P as his target — and also forecast a correction or downturn in the spring or early summer, but he says that the fundamentals behind his process suggest that small-caps and international stocks will be the areas that ultimately carry the market higher. In "The Week That Is," Vijay Marolia, chief investment officer at Regal Point Capital, discusses how Venezuela — in the news due to the arrest of its president — should not be overlooked for its economic impact, despite being a frontier market, discusses how energy markets will sort out the issues there and talks about how capitalism continues to show its dominance over socialism.

Bob Doll, chief investment officer at Crossmark Global Investments, returns to the show to discuss his 10 forecasts for the year ahead, when he is expecting "a good, but not a great year" as the market navigates "a high-risk bull market." Doll, a Wall Street veteran who has been making annual forecasts and predictions for decades, says that every year has plenty of uncertainty, but he says it feels like there is more now. He's expecting positive economic growth, sticky inflation and earnings that are lower than analysts expect, which will put a cap on the market's ability to generate gains. John Cole Scott, president of CEF Advisors — the chairman of the Active Investment Company Alliance — reviews the forecasts he made a year ago for 2025, grading his wins and losses on everything from inflation levels and Treasury yields to discount levels and the performance of five funds he identified as potential buys. Plus, Chuck talks about how investors are caught in a cyclone of emotions — suffering from higher inflation while benefiting from a stock market that has been defying gravity — and how a straightforward to-do list for the new year can provide more financial stability and clarity for 2026 and beyond.

Segment 1: Steven Esposito, President of Yellowstone Wealth Management in Lake Forest, joins John to talk about the spectacular market returns for the last few years, why he’s happy that the market is broadening, why it’s likely that interest rates will continue to fall, if there is any concern about inflation, the importance of a broad based […]

2025 was not a random spike. It was a convergence.In this episode, Brett steps back from individual card sales and looks at the forces that pushed the hobby into a true bull market. Online sales hit record highs. Platforms evolved. Corporations moved in. New collectors showed up. The center of gravity shifted.This is a collector-first breakdown of what drove the growth in 2025 and why it matters when you buy, sell, and hold cards.Topics covered include • Why $422M in online sales in a month matters more than any single card • How Fanatics, Topps, eBay, and live commerce reshaped demand • The rise of breakers, repacks, and platform-driven velocity • What corporate money changes for collectors on the ground • Signals to watch as the market moves into 2026This episode is about context. Because better context leads to better decisions.Get your free copy of Collecting For Keeps: Finding Meaning In A Hobby Built On HypeStart your 7 day free trial of Stacking Slabs Patreon Today[Distributed on Sunday] Sign up for the Stacking Slabs Weekly Rip Newsletter using this linkFollow Stacking Slabs: | Twitter | Instagram | Facebook | Tiktok ★ Support this podcast on Patreon ★

In this episode of The Milk Road Show, onchain analyst Julio Moreno delivers an uncomfortable but data-driven take: we may already be in a bear market, and the catalysts people are counting on for 2026 aren't as obvious, or as powerful as they think.~~~~~

David McAlvany explains why gold and silver are experiencing a structural bull market not seen since the 1970s. He highlights central bank gold purchases in 2024 and 2025, which precede investor interest. He also discusses industrial demand for silver, particularly from solar and solid-state battery technologies, and how global distrust in institutions and potential geopolitical intensification could further drive gold and silver prices.======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

Original Release Date: November 19, 2025Our CIO and Chief U.S. Equity Strategist Mike Wilson explains why he continues to hold on to an out-of-consensus view of a growth positive 2026, despite near-term risks.Read more insights from Morgan Stanley.----- Transcript -----Welcome to Thoughts on the Market. I'm Mike Wilson, Morgan Stanley's CIO and Chief U.S. Equity Strategist. Today I'll discuss our outlook for 2026 that we published earlier this week. It's Wednesday, Nov 19th at 6:30 am in New York. So, let's get after it. 2026 is a continuation of the story we have been telling for the past year. Looking back to a year ago, our U.S. equity outlook was for a challenging first half, followed by a strong second half. At the time of publication, this was an out of consensus stance. Many expected a strong first half, as President Trump took office for his second term. And then a more challenging second half due to the return of inflation. We based our differentiated view on the notion that policy sequencing in the new Trump administration would intentionally be growth negative to start. We likened the strategy to a new CEO choosing to ‘kitchen sink' the results in an effort to clear the decks for a new growth positive strategy. We thought that transition would come around mid-year. The U.S. economy had much less slack when President Trump took office the second time, compared to the first time he came into office. And this was the main reason we thought it was likely to be sequenced differently. Earnings revisions breadth and other cyclical indicators were also in a phase of deceleration at the end of 2024. In contrast, at the beginning of 2017—when we were out of consensus bullish—earnings revisions breadth and many cyclical gauges were starting to reaccelerate after the manufacturing and commodity downturn of 2015/2016. Looking back on this year, this cadence of policy sequencing did broadly play out—it just happened faster and more dramatically than we expected. Our views on the policy front still appear to be out of consensus. Many industry watchers are questioning whether policies enacted this year will ultimately lead to better growth going forward, especially for the average stock. From our perspective, the policy choices being made are growth positive for 2026 and are largely in line with our ‘run it hot' thesis. There's another factor embedded in our more constructive take. April marked the end of a rolling recession that began three years prior. The final stages were a recession in government thanks to DOGE, a rate of change trough in expectations around AI CapEx growth and trade policy, and a recession in consumer services that is still ongoing. In short, we believe a new bull market and rolling recovery began in April which means it's still early days, and not obvious—especially for many lagging parts of the economy and market. That is the opportunity. The missing ingredient for the typical broadening in stock performance that happens in a new business cycle is rate cuts. Normally, the Fed would have cut rates more in this type of weakening labor market. But due to the imbalances and distortions of the COVID cycle, we think the Fed is later than normal in easing policy, and that has held back the full rotation toward early cycle winners. Ironically, the government shutdown has weakened the economy further, but has also delayed Fed action due to the lack of labor data releases. This is a near-term risk to our bullish 12-month forecasts should delays in the data continue, or lagging labor releases do not corroborate the recent weakness in non-govt-related jobs data. In our view, this type of labor market weakness coupled with the administration's desire to ‘run it hot' means that, ultimately, the Fed is likely to deliver more dovish policy than the market currently expects. It's really just a question of timing. But that is a near-term risk for equity markets and why many stocks have been weaker recently. In short, we believe a new bull market began in April with the end of a rolling recession and bear market. Remember the S&P [500] was down 20 percent and the average S&P stock was down more than 30 percent into April. This narrative remains underappreciated, and we think there is significant upside in earnings over the next year as the recovery broadens and operating leverage returns with better volumes and pricing in many parts of the economy. Our forecasts reflect this upside to earnings which is another reason why many stocks are not as expensive as they appear despite our acknowledgement that some areas of the market may appear somewhat frothy. For the S&P 500, our 12-month target is now 7800 which assumes 17 percent earnings growth next year and a very modest contraction in valuation from today's levels. Our favorite sectors include Financials, Industrials, and Healthcare. We are also upgrading Consumer Discretionary to overweight and prefer Goods over Services for the first time since 2021. Another relative trade we like is Software over Semiconductors given the extreme relative underperformance of that pair and positioning at this point. Finally, we like small caps over large for the first time since March 2021, as the early cycle broadening in earnings combined with a more accommodative Fed provides the backdrop we have been patiently waiting for. We hope you enjoy our detailed report published earlier this week and find it helpful as you navigate a changing marketplace on many levels. Thanks for tuning in. Let us know what you think by leaving us a review. And if you find Thoughts on the Market worthwhile, tell a friend or colleague to try it out!

Stijn Schmitz welcomes Ross Beaty to the show. Ross Beaty is a Renowned Geologist, Serial Mine Builder & Conservation Advocate. Beaty provides a comprehensive overview of the current gold market and mining industry landscape. He suggests that while gold is currently at record highs around $4,300, the market still has potential for growth, driven by strong macro and supply-demand fundamentals. Beaty anticipates a wave of new gold mine production in 2025-2027 that might eventually dampen prices, but remains optimistic about the sector’s near-term prospects. Drawing from his extensive experience building successful mining companies like Pan American Silver and Equinox Gold, Beaty emphasizes the importance of understanding specific commodity dynamics and investing in projects with significant scale and potential. He highlights the critical factors for successful mining investments, including geological potential, project location, commodity demand-supply fundamentals, and management quality. Beaty candidly discusses the mining industry’s inherent risks, noting that even well-planned projects can face unexpected challenges from geological complexities, political instability, community tensions, and volatile metal prices. He advocates for diversification and strategic portfolio management, as demonstrated by Equinox Gold’s recent divestment of Brazilian assets to focus on tier-one projects and manage debt. Beyond his mining endeavors, Beaty is deeply committed to environmental conservation through his philanthropic work. Timestamps: 00:00:00 – Introduction 00:00:58 – Gold Bull Market Phase 00:03:04 – Exploration Under-Investment 00:05:09 – Lessons from Past Cycles 00:06:40 – Investment vs Mining Differences 00:09:49 – Ross’s Company Categories 00:11:40 – Spotting Special Projects 00:13:20 – Project Evaluation Criteria 00:16:28 – Commodity Fundamentals Analysis 00:21:30 – Common Mining Pitfalls 00:23:00 – Growth and Debt Risks 00:24:05 – Industry Dilution Problems 00:26:30 – Equinox Brazil Divestments 00:29:10 – Future Plans Philanthropy 00:30:23 – Concluding Thoughts Guest Links: Website: https://www.equinoxgold.com Foundation: https://sitkafoundation.org Ross Beaty is a renowned Canadian geologist, mining entrepreneur, and philanthropist with over 50 years of experience in the international minerals and renewable energy sectors. Born in Vancouver in 1951 to a forestry entrepreneur father and a teacher mother, Beaty earned degrees in geology and law from the University of British Columbia, followed by an MSc in geology from Imperial College London. His career began in the 1970s, blending scientific expertise with business acumen to build a legacy of resource innovation. Beaty founded Pan American Silver Corp in 1994, where he serves as Chair Emeritus, growing it into a global leader in silver production. He is currently Chair of Equinox Gold Corp’s Board of Directors, a position he has held since its inception in 2017. Over four decades, he has founded and divested more than a dozen public companies, including Equinox Resources (sold in the 1990s) and Alterra Power Corp, a clean energy firm, generating an estimated $6 billion in shareholder value. A former President of the Silver Institute in Washington, DC, Beaty is a Fellow of the Geological Association of Canada, Society of Economic Geologists, and Canadian Institute of Mining. Beyond business, Beaty is a passionate environmental advocate. He co-founded and presides over the Sitka Foundation, focusing on biodiversity conservation in British Columbia through strategic grants and impact investing. He chairs the BC Parks Foundation, serves as a director for Panthera and the Pacific Salmon Foundation, and is Patron of the Beaty Biodiversity Centre at UBC. His accolades include induction into the Canadian Mining Hall of Fame (2018), the Order of Canada (2017), and an honorary Doctor of Laws from UBC (2018). An optimist at heart, Beaty champions a shift from consumerism to conservation. Married to physician Trisha Beaty, he enjoys beekeeping, cider production, and sea kayaking in Howe Sound. His journey from mining magnate to green evangelist exemplifies resilient entrepreneurship.

Crypto 2026 prediction - what will happen with Bitcoin and Altcoins in the new year? Brought to you by

Alec Young with MoneyFlows explains why he sees the bull market carrying into 2026. The metrics behind his thesis include an improving A.I. trade, favorable monetary policy, and an easing trade environment. Alec also explains why he doesn't see inflation as a problem for the U.S. and the Fed into 2026. ======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

David Bailey is the chairman of Bitcoin Magazine, the organizer of the most successful series of Bitcoin conferences, and the mastermind behind the Nakamoto BTC treasury company. In this episode, we talk about his latest business dealings and the current state of the Bitcoin bull market. Time stamps: 00:01:47 Bitcoin Magazine's Bitcoin-Only Pivot 00:02:17 Surviving 2018 and the COVID Pivot 00:04:09 Scaling Up: Conferences and Global Expansion 00:05:11 Bringing Politicians to Bitcoin 00:07:35 Trump's Embrace of Bitcoin and Global Perception 00:09:48 Bitcoin Price Expectations and Political Impact 00:10:56 Presidential Pardons and the Lack of a Strategic Bitcoin Reserve 00:14:10 Trump Meme Coins and Industry Signals 00:17:07 Privacy, Regulation, and Privacy Acceleration Thanks to Zcash 00:20:53 Nakamoto Stock Price and Public Company Challenges 00:23:00 Bitcoin Treasury Companies: Purpose and Model 00:24:40 Evolution of Bitcoin Financialization (Banks, ETFs, Strategic Reserves, Reserve Companies) 00:35:42 David Bailey Addresses Accusations of Mismanagement 00:44:00 Bitcoin Price, Narratives, and Community Factions 00:45:05 Bullish Narratives and Breaking the Four-Year Cycle 00:46:21 Core vs. Knots: Development and Forks 00:49:35 Bitcoin Improvement Proposals and Development Stagnation 00:50:28 Jeremy Rubin in the Epstein Files, Bitcoin's Public Perception 00:54:01 Trump, Epstein, and Political Distractions 00:55:00 Bitcoin.com's Shift and Roger Ver Reflections 01:01:48 BCH Fork, Losses, and Historical Lessons 01:02:41 Conspiracy Theories: Censorship and Satoshi's Coins Post-Quantum 01:05:00 Quantum Risk and Bitcoin's Long-Term Security 01:10:24 Altcoins: Legitimacy and Usefulness 01:18:11 Ethereum, Solana, and Bitcoin's Competitive Edge 01:22:27 Bitcoin's Youth and Historical Significance 01:22:58 Operation Choke Point 3.0 and Wall Street Resistance 01:30:20 Would David Bailey Become Crypto Czar? 01:34:04 Why Invest in Nakamoto? 01:37:28 Comparing Treasury Companies 01:40:28 If You Could Change One Thing in Bitcoin: Drivechains 01:42:03 Security Budget, Scaling, and Miner Incentives 01:46:50 Bitcoin Price Predictions and the Four-Year Cycle 01:55:02 Social Media, Narratives, and Bitcoin Culture 01:58:24 Bitcoin as Money and Regulatory Setbacks 02:03:13 Closing Thoughts and Pardons

The Federal Reserve tipped it's hand for a bull market. Today we discuss the details. We talk economic divergence, as decades of debt-fueled growth and asset inflation have benefited boomers and asset owners while leaving younger generations locked out of housing and upward mobility, creating frustration and political volatility. The U.S. economy is fundamentally leveraged by pulling future earnings forward and this could be an eventual but unpredictable global financial reset. We also talk the near-term debt panic but don't get nervous as deficits are the true risk. We also talk practical investing takeaways around market cycles, sentiment, tax-loss selling, Santa Claus rally dynamics, and the importance of patience, diversification, and avoiding extreme, fear-driven decisions. We discuss... We highlight generational economic disparities, noting younger people struggle with housing affordability and wealth accumulation compared to boomers. Economic frustration among younger generations is linked to the appeal of populist political figures who speak to lived experiences. The U.S. economy is heavily leveraged, with future earnings being pulled forward to maintain growth and consumption. We warn of a potential global financial reset, while emphasizing that timing and specifics are uncertain. Central banks' accumulation of gold is a signal of perceived systemic risk and preparation for a global reset. Debt itself can be manageable, but the ongoing growth of deficits is the real problem. Concerns about foreign countries dumping U.S. bonds were dismissed as largely impractical due to mutual economic harm. Market reactions to Fed rate cuts are analyzed, showing how assets like stocks, silver, the dollar, and Treasury yields respond differently. It's important to analyze market cycles and sentiment, rather than relying on GDP or simplistic economic indicators. Tax-loss selling and end-of-year market dynamics are discussed as opportunities to buy undervalued assets with lower downside risk. The Santa Claus rally and January market patterns are historically strong indicators for short-term gains. Focus on sectors or assets that were beaten down, watch early January flows, and avoid extreme, fear-driven moves.   Today's Panelists: Kirk Chisholm | Innovative Wealth Douglas Heagren | Mergent College Advisors Follow on Facebook: https://www.facebook.com/moneytreepodcast Follow LinkedIn: https://www.linkedin.com/showcase/money-tree-investing-podcast Follow on Twitter/X: https://x.com/MTIPodcast For more information, visit the show notes at https://moneytreepodcast.com/the-federal-reserved-tipped-its-hand-773 

Sam Stovall, chief investment strategist at CFRA Research, says that "Bull markets don't die of old age, they die of fright, and what they are most afraid of is recession." But he says the current bull market not only doesn't need to be too worried about recession yet, he says that after celebrating its third birthday, it has gotten into the rarified air of a market that can keep running and producing positive results for longer. While he is not expecting a big, double-digit year in 2026 for the stock market, he says modest gains — tempered by heightened volatility and a downturn or two to overcome — are likely. In "The Danger Zone," David Trainer, president at New Constructs, revisits three past picks that outperformed as shorts but which then got the actual benefits of "stupid money risk" — something he discusses nearly every week on the show — as they were bought out by private equity firms in deals that bailed out some shareholders, but which says will not be enough to save bad businesses. Plus, Vijay Marolia, chief investment officer at Regal Point Capital, is back with "The Week That Is," digging further into the Warner Brothers Discovery buyout, discussing whether a selloff last week might be a sign that investors are getting weary and may bail out before Santa Claus comes for a rally, and looks at the potential for a SpaceX initial public offering in 2026, which might be the biggest IPO in history.

It's that time of year, the 2026 Hagerty Bull Market list is out. Josh of @analogandgrit and Dylan @mostlystreetparked join the podcast to share their thoughts. Which cars will go up in value? From Alfa Romeo GTV vintage sports cars to old body style trucks, we discuss which you should buy now!

Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links —Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.

Democrats are pushing back on Senate Banking Chair Tim Scott's plan to hold a crypto bill markup next week. Meanwhile, Republicans fail to pass healthcare bill.~This episode is sponsored by Tangem~Tangem ➜ https://bit.ly/TangemPBNUse Code: "PBN" for Additional Discounts!00:00 intro00:07 Sponsor: Tangem00:39 Bull Market vs Congress01:06 Crapo Bill01:20 Trump vs Bernie on Healthcare Bills02:19 Republican Healthcare Vote Fails02:36 Problem Solvers To The Rescue?03:33 Congress Solves No Problems03:54 Government Shutdown Odds Climb04:24 Tariffs vs Christmas05:27 Tariff Rebate Checks?06:08 CLARITY Act vs Banks06:36 Eleanor on CLARITY Bill Status07:26 Not Passing This Year07:34 The "Nice Version" 08:20 Banning Stablecoin Yields09:05 Coinbase Removes Yields09:41 Tax Refunds Coming?10:16 Gambling Tax on Losses!11:25 Trump Removing Gambling Tax?11:55 Relief Not Coming12:21 Why Trump Won't Sign Crypto Bill12:46 Trump Crypto Game Launches13:28 Citadel vs DeFi14:42 Most Hated Bill in America15:02 CBDC's Incoming?15:32 Howard Lutnik on Economy15:59 Upcember?16:15 outro#Crypto #Bitcoin #Ethereum~Congress Unleashes Crap-o Bills!

Patrick Kennedy emphasizes the need for market broadening and is looking more at the equal-weighted S&P 500 index to gauge how long the bull market can run, rather than the cap-weighted. “Bull markets don't die of old age,” he says, but as they age, expectations become harder and harder to beat. “Next year is a show me story” because of this, he adds, with some concern towards earnings growth in 2026. He sees opportunities in natural gas and pipeline companies, along with biotech.======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

On episode 201 of Ask The Compound, Ben Carlson and Duncan Hill are joined by Jurrien Timmer to discuss: where we are in this bull market's cycle, how the AI bubble compares to past bubbles, the right level of inflation, rethinking traditional allocations, financial markets and more. Submit your Ask The Compound questions to askthecompoundshow@gmail.com! This episode is sponsored by Grayscale. Find out more about Grayscale by visiting: ⁠⁠https://www.grayscale.com/ Learn more about Fidelity Trader+ at: ⁠https://www.Fidelity.com/TraderPlus Subscribe to The Compound Newsletter for all the latest Compound content, live event announcements, find out who the next TCAF guest is, get updates on the latest merch drops, and more! ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.thecompoundnews.com/subscribe⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Each year Hagerty publishes their "Bull Market" list, where they comment on vehicles that they think will great buys today, only to gain in value tomorrow. Do you have money for a Carrera GT? Yeah, neither do the fellas. Chadwick and Frank kick back and talk about this list and pick bargain basement alternatives for each of the entries. 

This week's episode features Rule Investment Media CEO Rick Rule in conversation with host Adrian Pocobelli at the Investor Breakfast during the International Mining Symposium in London. Rule discusses his preferred sectors in metals and energy, offers his perspective on government intervention in mining markets, and outlines what he believes is needed to support long-term investment in the sector. This week's Spotlight highlights Fortune Bay CEO Dale Verran, who discusses the company's Goldfields project in Saskatchewan, along with the Poma Rosa project in Mexico. Learn more at https://fortunebaycorp.com/. All this and more with host Adrian Pocobelli. “Rattlesnake Railroad”, “Big Western Sky”, “Western Adventure” and “Battle on the Western Frontier” by Brett Van Donsel (⁠www.incompetech.com⁠). Licensed under Creative Commons: By Attribution 4.0 License ⁠creativecommons.org/licenses/by/4.0⁠ Apple Podcasts:⁠ https://podcasts.apple.com/ca/podcast/the-northern-miner-podcast/id1099281201⁠ Spotify:⁠ https://open.spotify.com/show/78lyjMTRlRwZxQwz2fwQ4K⁠ YouTube:⁠ https://www.youtube.com/@NorthernMiner⁠ Soundcloud:⁠ https://soundcloud.com/northern-miner

Ethereum is finally showing signs of a major reversal, and the charts suggest this could be the beginning of a powerful momentum shift across the entire crypto market.

Broke Boi Crypto (@BrokeBoiCrypto) and Crypto Ewok (@CryptoEwok) discuss the latest in Crypto, DeFi, Bitcoin and macro economics.Follow the show on Twitter: @CreedOfCrypto

This is a free preview of a paid episode. To hear more, visit www.theflyingfrisby.comI found myself at a very VIP event last night at the home of a well-known politician. There was a heck of lot of money, age and experience in the room. I felt like I'd gone back in time to the City of the 1980s.I got talking to an old boy who, it turned out, had made his money in mining. He had worked at one point for the Hunt Brothers (who famously tried to corner the silver market in 1980). He had speculated in Australian's Poseidon bubble (1969-70), one of the mothers of all speculative mining frenzies. He recalled a stock he had bought at 10c, offloading his final shares at A$120, only to watch it go to A$280. (50 years on, he was still cross with himself for selling too soon, even though it soon went all the way back to 10c).“Are we in a secular bull market for mining stocks now?” I asked him. He didn't seem to think we are.“What about gold and silver?” “Silver's at $53,” he smiled.“$58,” I corrected him.“$58!” he said. “Gosh. I must go home and sell the cutlery.”There was a photograph in a large silver frame on the sideboard. We discussed the merits of selling that.I tell this story for a reason. Bull markets like this one in silver do not come along very often. The old boy know that - and he knew what to do. Because silver bull markets don't last forever.And when they end, they really end. You can make informed and educated guesses where the top will be. Getting out at the absolute top can be done but it requires so much good fortune that it is near impossible.In the Poseidon bubble, the old boy was selling on the way up, only to see his stock double and more again after he'd unloaded his final tranche. He made money. A lot of money. He didn't make as much as he could have made - and is still, more than fifty years on, cross with himself.Yet he also didn't lose anything when the bubble popped.Is that not more important?Yet, bizarre thing the human mind is, we seem to get more cross with ourselves for selling too early than we do for overstaying our welcome and riding the collapse all the way down.If you live in the Third World Country such as the UK, I urge you to own gold or silver. The pound is going to be further devalued. The bullion dealer I recommend is The Pure Gold Company. Pricing is competitive, quality of service is high. They deliver to the UK, the US, Canada and Europe or you can store your gold with them. More here.That amazing cup and handleSilver has now broken out of that incredible cup-and-handle formation that has been building since the 1970s. We have spoken about it before. The standard view is that, in a cup-and-handle pattern, the distance from the rim to the bottom of the cup will be your target to the upside. In this case, $3.50 was the low in the early 1990s. The distance from $50 to $3.50 is $46.50, giving us a target of $96 or thereabouts.$96.50 then. It could get there. I don't say it will, but it could.You can argue that based on logarithmic charts and percentage falls, the targets should be even higher. I've read some as high as $700/oz. It's possible. $50 in 1980 was a similarly elevated figure.

Lars Barstad is the CEO of Frontline. The biggest listed tanker company in the world. Tune in for a masterclass in shipping and commodities, and leave a comment under the video if you find it interesting! Are you bull or bear on the tanker market heading into 2026? The episode is also available on YouTube. 00:00 - Intro02:30 - Peak Oil When?07:10 - Too Much Oil In The Market Now?09:40 - OPEC Decisions (Market Share Vs Price)15:20 - Geopolitics (Black Sea, Middle East)21:47 - Frontline Investment Case37:10 - Price Taker VS Price Maker In Shipping44:20 - Bull And Bear Case For Tankers 202656:40 - Leadership, Culture And Mindset1:03:15 - AI In Shipping1:06:30 - How To Build A Career?1:10:50 - Read FT, And Book Recommendations1:12:55 - Final ReflectionsChristopher Vonheim is a Norwegian host focused on business, ocean industries, investing, and start-ups. I hope you enjoy this tailor made content, and help us make this channel the best way to consume ideas, models, and stories that can help fuel the next entrepreneurs, leaders and top performers.Disclaimer: All opinions expressed by Christopher Vonheim or his guests on this podcast are only their opinions and do not reflect the opinions of Vonheim. You should not treat any opinion expressed by Christopher Vonheim as a specific reason to invest or follow a particular strategy, but only as an expression of his opinion. This podcast is for informational purposes only. Hosted on Acast. See acast.com/privacy for more information.

Dr. Mark Thornton, Senior Fellow at the Mises Institute and Austrian economist who correctly called the housing bubble, warns that we're living in an everything bubble with a flock of black swans ready to ignite a crisis. From commercial real estate cover-ups to private equity opacity, data center spending without defined returns, and trillions in government debt, Dr. Thornton explains how Fed manipulation and artificial interest rates have created malinvestments across the economy—and why Trump's push for lower rates will only fuel more bubble activity. He breaks down Austrian Business Cycle Theory, why we're on the on-ramp to hyperinflation with 2026 looking turbulent, and makes the case for gold and silver as essential hedges against fiat money depreciation in a world of central bank money printing and currency debasement.This episode is brought to you by VanEck. Learn more about the VanEck Rare Earth and Strategic Metals ETF: http://vaneck.com/REMXJuliaLinksX: https://x.com/DrMarkThorntonFree Hayek book: https://store.mises.org/Hayek-for-the-21st-Century-P11367.aspxMises Institute: https://mises.org/profile/mark-thorntonTimestamps: 0:00 Intro and welcome Dr. Mark Thornton 01:09 Concerns about the macro economy 6:35 Fed manipulation creating vast array of potential swans 12:00 What if inflation ticks up? Long-term government debt and currency depreciation fears 14:50 Living through an everything bubble 18:40 Fed outlook22:30 Austrian Business Cycle Theory explained 28:30 Malinvestment and artificial credit expansion 34:50 Who really benefits from the Fed's policies? 44:50 Inflation to pay off the national debt 46:00 Gold and silver as hedges against fiat money depreciation 52:40 Early on in the precious metals bull market, silver going above $50 is 'the end of the beginning' 1:00:03 Path to hyperinflation 1:07:01 Bitcoin and Austrian School of Economics compatibility 1:10:31 Final thoughts and closing

Stocks, crypto fall to start December as the risk-off trade continues. HSBC's Max Kettner breaks down the market action. T. Rowe Price's Tony Wang talks top tech stocks on the three-year anniversary of the AI bull market. Black Friday winners and losers with Goldman Sachs' Kate McShane. New MongoDB CEO CJ Desai on the company's latest quarter.   Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Aaron Arnold of Altcoin Daily sat down with me at Chainlink SmartCon to discuss the current state of the crypto market and more. Show Sponsor -

Crypto News: Silver hits a new all time signaling liquidity roation and the macro bull market is still intact and crypto turn will come. Animoca Brands to focus on stablecoin, RWA in 2026 amid US IPO efforts. Brought to you by ✅ VeChain is a versatile enterprise-grade L1 smart contract platform https://www.vechain.org/ 

A bull market in cash is coming! Gary Zimmerman, founder and CEO of Max, explains how he discovered major inefficiencies in the cash-deposit market and built a platform that helps clients earn higher yields while staying fully FDIC-insured. We explore how broker-dealer incentives shaped the "always be invested" mindset, why RIAs take a more fiduciary approach to cash, and how most advisors dramatically underestimate how much cash clients actually hold in outside bank accounts. We also dive into the strategic role of cash in portfolios, the psychology and behavioral finance behind loss aversion, and why many investors keep cash in low-yield big banks despite far better options. We discuss... Gary Zimmerman shares his path from aspiring biochemist to investment banker and ultimately founder of Max. Gary describes how Max helps advisors and clients earn higher yields on cash while staying fully FDIC-insured. The conversation highlights the structural differences between broker-dealers and fiduciary RIAs in how they treat cash. Cash is both the "worst" asset class (low returns) and the "best" (strategic flexibility and optionality). Gary emphasizes that many advisors are unaware of large "held-away" cash balances clients keep at big banks. Research shows high-net-worth households keep roughly 25% of their liquid assets in cash—far above portfolio models. Behavioral finance plays a major role as clients publicly want risk but privately hoard cash for emotional comfort. Cash helps investors sleep better, reduce loss-aversion anxiety, and feel less trapped in work or life decisions. Gary explains that deposit pricing inefficiency exists because large banks don't need or want more deposits. The system also keeps client deposits below insurance limits by spreading funds across multiple banks. They explore how most households either have no emergency reserve or keep excessive idle cash earning too little. Cash reserve needs vary dramatically by life stage, career stability, and complexity of financial obligations. Senior professionals may need years of cash cushion because job searches take longer at higher levels. Behavioral mistakes in downturns often stem from being over-invested relative to one's psychological risk capacity. Gary argues that post-pandemic money-supply expansion suggests more inflation is still embedded in the system. Today's Panelists: Kirk Chisholm | Innovative Wealth Diana Perkins | Trading With Diana Follow on Facebook: https://www.facebook.com/moneytreepodcast Follow LinkedIn: https://www.linkedin.com/showcase/money-tree-investing-podcast Follow on Twitter/X: https://x.com/MTIPodcast For more information, visit the show notes at https://moneytreepodcast.com/bull-market-in-cash-gary-zimmerman-768 

In today's episode, Kip breaks down the post Thanksgiving market action and shares insights into why November finished with such strength despite a few surprises from the indexes. You'll hear Kip Herriage's bullish outlook for 2024, including his conviction that we're heading into a generational bull market driven by the so-called "innovation revolution," and his targets for the S&P 500 and Nasdaq for the year ahead.

Our CIO and Chief U.S. Equity Strategist Mike Wilson explains why investors might want to reassess their portfolios, keeping in mind the gap between market moves and monetary policy.Read more insights from Morgan Stanley.----- Transcript -----Welcome to Thoughts on the Market. I'm Mike Wilson, Morgan Stanley's CIO and Chief U.S. Equity Strategist. Today on the podcast, why the Fed may hold the key for both near term and medium-term stock market performance. It's Monday, November 24th at 1pm in New York. So, let's get after it. At the end of September, we discussed the building tension between the Fed and markets in terms of both the fed funds rate and liquidity, suggesting this had the potential to lead to a correction in the short-term. This scenario is playing out with high momentum and low-quality stocks responding more to tightening liquidity back in September, while the high-quality S&P 500 and Nasdaq 100 responded more to the incremental hawkishness on rate cuts relayed at the October 29th Fed meeting.While downside for the S&P 500 has been limited to just 5 percent, the damage under the surface has been more significant with two-thirds of the largest 1000 stocks seeing more than a 10 percent drawdown and one quarter down more than 20 percent. Similarly, Bitcoin is down close to 30 percent and topped even earlier than high momentum stocks. Gold also felt the impact of tighter liquidity earlier than the S&P 500, as one would expect.We're staying vigilant around this dynamic related to monetary policy and can't rule out more index-level downside in the short-term, especially if breadth remains weak. Having said that, we think the weakness under the hood is a sign that we're closer to the end of this correction than the beginning for the weaker areas of the market. Historically, the Generals tend to fall the most at the end of corrections. As I said on this podcast back in September, we would view this type of correction and reset on expectations as an opportunity to double down on our rolling recovery thesis which remains out of consensus.From our perspective, private labor data are showing signs of weakness that suggest the Fed should be cutting rates more aggressively. This is very much in line with my core view that the rate of change trough in the labor data occurred back in April with the lows in the equity market. The official government labor data that the Fed is waiting for is lagging and will simply confirm what we, and the markets, already know. With the official October jobs data cancelled due to the shutdown and the November series not available until December 16th, the equity market may continue to wrestle with the Fed that dragging its feet and delaying rate cuts.The good news is that we expect a meaningful decline in the Treasury's General Account in the coming weeks as the government re-opens. This should help to provide a much-needed boost to liquidity at the same time the Fed ends quantitative tightening. The question is whether these changes will be enough to improve liquidity conditions in a durable way. In my view, the clearest indication will be if we see relief in areas of the equity market and asset classes most sensitive to these dynamics over the next two weeks. That means low quality profitless growth stocks in the equity world should rally the most.Bottom line, I remain convinced in our bullish 12-month outlook for the S&P 500 and stocks more broadly. Initial feedback from investors to our recently published 2026 outlook indicates that several of our core views for 2026 remain out of consensus. More specifically, our early cycle narrative versus consensus thinking that we're late cycle; 17 percent earnings growth next year versus the consensus at 14 percent. And finally, our upgrades of small/mid cap stocks and consumer discretionary goods to overweight. Use near term weakness related to a Fed that is moving too slow for the markets' liking to reposition portfolio to sectors and stocks that have lagged behind for most of the past several years – but will benefit the most from the more aggressive Fed action that we expect to come.Thanks for tuning in; I hope you found it informative and useful. Let us know what you think by leaving us a review. And if you find Thoughts on the Market worthwhile, tell a friend or colleague to try it out!

In this episode, we sit down with Sanctuary Wealth Chief Investment Strategist Mary Ann Bartels to break down her new 2026 outlook. We cover her long-term S&P 500 forecast, why she believes we are still early in a secular bull market, how technological innovation is fueling productivity and profitability, the risks she's watching in 2026, and the case for international stocks, gold, and diversification. Mary Ann also explains why skepticism suggests we are not yet in a true bubble, how valuations fit into today's market, and what investors should understand about cycles, inflation, and long-term compounding.Topics Covered• Secular bull markets and why the long-term trend still points higher• Whether today's market is following historic bubble patterns• AI, technology cycles, and the connection between innovation, productivity, and profits• Why skepticism means we are not yet near euphoria• The 2026 “reset” and how the presidential cycle could affect markets• Valuations, earnings trends, and interest-rate dynamics• Market concentration, structural changes, and the role of mega-caps• Growth vs value and why growth leadership may persist• Why international markets may be entering their own secular bull market• Inflation outlook, tariffs, and what the data now suggests• Private credit concerns and overall financial-system stability• Gold's surge, future targets, and its role as portfolio diversification• Portfolio construction, risk, and the importance of compounding for younger investorsTimestamps00:00 Market patterns, bubbles, and early-cycle dynamics01:00 Introduction02:00 Long-term S&P 500 outlook04:00 Historical bubble analogs and market psychology06:00 Skepticism vs optimism09:00 2026 reset and election-year dynamics13:00 Valuations and PE expansion17:00 Long-term valuation trends17:40 Innovation cycles and economic growth20:20 Productivity, AI CapEx, and profitability21:00 Technology adoption across industries22:20 Digitization and long-term tech layers22:30 Market concentration and structural changes25:00 Why corrections are more frequent27:20 Growth vs value31:00 International markets outlook36:00 Correlations, deglobalization, and opportunity38:40 Inflation short-term vs long-term40:30 Private credit and financial stability43:30 Gold outlook and targets45:40 Diversifying concentrated portfolios48:40 Crypto, private markets, and generational shifts49:20 Key risks for 202651:40 What most investors get wrong53:00 The one lesson for the average investor54:40 Closing

The Last Trade: Bitcoin sentiment has cratered after a 30% drawdown, but the thesis hasn't changed. Cycles are dead, liquidity is turning, and gold's strength signals what's next for BTC. Fundamentals are stronger than ever as custody, rails, and institutional demand quietly build beneath the noise.---

Jeff Park is the Partner and Chief Investment Officer at ProCap BTC. In this conversation, we break down why bitcoin's price has been slipping and whether the market is actually signaling the start of a bear trend. Jeff explains the key forces driving sentiment — from liquidity pressures to global macro shifts — and why a slightly negative year for bitcoin might not be as bearish as it sounds.We also dig into what it would take for bitcoin to rip back toward the $125K–$150K range, plus how geopolitical dynamics in Japan, China, and elsewhere are shaping the broader investment landscape.======================BitcoinIRA: Buy, sell, and swap 80+ cryptocurrencies in your retirement account. Take 3 minutes to open your account & get connected to a team of IRA specialists that will guide you through every step of the process. Go to https://bitcoinira.com/pomp/ to earn up to $1,000 in rewards.======================In this episode, Pomp spotlights easyBitcoin.app—the app that pays you 1% extra on recurring buys, 2% annual bitcoin rewards, and 4.5% APY on USD. Download it now for iOS or Android at https://easybitcoin.onelink.me/F1zP/klc4v1p8 and start earning today. Your capital is at risk. Crypto markets are highly volatile. This content is informational and not financial advice.======================Core is the leading Bitcoin scaling solution, enabling you to lock in yield by locking up your Bitcoin. Simply lock it on the Bitcoin blockchain to secure the Core network, and get rewards. No bridging. No lending. Just holding. Still your keys. Still your coins. Now your yield. Start at https://stake.coredao.org/pomp======================Timestamps: 0:00 – Intro1:50 – Why is bitcoin dropping? Should investors be worried?4:36 – Do technical levels like CME gaps actually matter?8:13 – Harvard's bitcoin position and how endowments invest12:15 – Has optionality changed bitcoin's market dynamics?15:14 – What Jeff is watching for real signs of optimism17:30 – Is the 4-year cycle officially dead?23:18 – Macro risks: liquidity, global conflict, & Trump premium25:56 – What would a true upside black swan look like?28:05 – How do you underwrite quantum risk today?

Our CIO and Chief U.S. Equity Strategist Mike Wilson explains why he continues to hold on to an out-of-consensus view of a growth positive 2026, despite near-term risks.Welcome to Thoughts on the Market. I'm Mike Wilson, Morgan Stanley's CIO and Chief U.S. Equity Strategist. Today I'll discuss our outlook for 2026 that we published earlier this week. It's Wednesday, Nov 19th at 6:30 am in New York. So, let's get after it. 2026 is a continuation of the story we have been telling for the past year. Looking back to a year ago, our U.S. equity outlook was for a challenging first half, followed by a strong second half. At the time of publication, this was an out of consensus stance. Many expected a strong first half, as President Trump took office for his second term. And then a more challenging second half due to the return of inflation. We based our differentiated view on the notion that policy sequencing in the new Trump administration would intentionally be growth negative to start. We likened the strategy to a new CEO choosing to ‘kitchen sink' the results in an effort to clear the decks for a new growth positive strategy. We thought that transition would come around mid-year. The U.S. economy had much less slack when President Trump took office the second time, compared to the first time he came into office. And this was the main reason we thought it was likely to be sequenced differently. Earnings revisions breadth and other cyclical indicators were also in a phase of deceleration at the end of 2024. In contrast, at the beginning of 2017—when we were out of consensus bullish—earnings revisions breadth and many cyclical gauges were starting to reaccelerate after the manufacturing and commodity downturn of 2015/2016. Looking back on this year, this cadence of policy sequencing did broadly play out—it just happened faster and more dramatically than we expected. Our views on the policy front still appear to be out of consensus. Many industry watchers are questioning whether policies enacted this year will ultimately lead to better growth going forward, especially for the average stock. From our perspective, the policy choices being made are growth positive for 2026 and are largely in line with our ‘run it hot' thesis. There's another factor embedded in our more constructive take. April marked the end of a rolling recession that began three years prior. The final stages were a recession in government thanks to DOGE, a rate of change trough in expectations around AI CapEx growth and trade policy, and a recession in consumer services that is still ongoing. In short, we believe a new bull market and rolling recovery began in April which means it's still early days, and not obvious—especially for many lagging parts of the economy and market. That is the opportunity. The missing ingredient for the typical broadening in stock performance that happens in a new business cycle is rate cuts. Normally, the Fed would have cut rates more in this type of weakening labor market. But due to the imbalances and distortions of the COVID cycle, we think the Fed is later than normal in easing policy, and that has held back the full rotation toward early cycle winners. Ironically, the government shutdown has weakened the economy further, but has also delayed Fed action due to the lack of labor data releases. This is a near-term risk to our bullish 12-month forecasts should delays in the data continue, or lagging labor releases do not corroborate the recent weakness in non-govt-related jobs data. In our view, this type of labor market weakness coupled with the administration's desire to ‘run it hot' means that, ultimately, the Fed is likely to deliver more dovish policy than the market currently expects. It's really just a question of timing. But that is a near-term risk for equity markets and why many stocks have been weaker recently. In short, we believe a new bull market began in April with the end of a rolling recession and bear market. Remember the S&P [500] was down 20 percent and the average S&P stock was down more than 30 percent into April. This narrative remains underappreciated, and we think there is significant upside in earnings over the next year as the recovery broadens and operating leverage returns with better volumes and pricing in many parts of the economy. Our forecasts reflect this upside to earnings which is another reason why many stocks are not as expensive as they appear despite our acknowledgement that some areas of the market may appear somewhat frothy. For the S&P 500, our 12-month target is now 7800 which assumes 17 percent earnings growth next year and a very modest contraction in valuation from today's levels. Our favorite sectors include Financials, Industrials, and Healthcare. We are also upgrading Consumer Discretionary to overweight and prefer Goods over Services for the first time since 2021. Another relative trade we like is Software over Semiconductors given the extreme relative underperformance of that pair and positioning at this point. Finally, we like small caps over large for the first time since March 2021, as the early cycle broadening in earnings combined with a more accommodative Fed provides the backdrop we have been patiently waiting for. We hope you enjoy our detailed report published earlier this week and find it helpful as you navigate a changing marketplace on many levels. Thanks for tuning in. Let us know what you think by leaving us a review. And if you find Thoughts on the Market worthwhile, tell a friend or colleague to try it out!

Follow Click Beta:Spotifyhttps://open.spotify.com/show/0u1fxie4C4vHXIJPUMhvUsApple Podcastshttps://podcasts.apple.com/ky/podcast/click-beta/id1793929457YouTube:https://www.youtube.com/excessreturns

Nas últimas semanas, o tema da inteligência artifical tem ganhado cada vez mais holofotes, e os investidores traçam diferentes cenários para a temática e seus impactos no mercado. Estamos diante de uma bolha? Enquanto isso, a bolsa brasileira não para de subir, em meio a um movimento de forte alta para bolsas de mercados emergentes. Neste episódio, o Carteiros do Condado faz uma análise dos mercados de ações global e local, segundo os principais investidores do Brasil. Confira!E quer aprofundar a conversa?Acesse: Raio XP da Bolsa https://conteudos.xpi.com.br/raio-xp-da-bolsa/O que acontece na política Argentina pode reverberar no Brasil em 2026? https://youtu.be/Ko0_E5xqxHE

JP Morgan just made a massive Ethereum move, and it could signal the start of a new crypto bull market. With institutional money flowing back into blockchain infrastructure, ETH might be on the verge of a major breakout — one that could lift the entire altcoin sector with it.

Bitcoin dropped but 30 Coinglass indicators show the bull market is intact. We break down the 7 best signals including Bitcoin dominance at 59%, Pi cycle top indicator, and why ETFs change everything. No bear market signals detected. We dive deep into Coinglass's Bull Market Peak Indicators showing zero out of 30 signals flashing bear market warnings. Despite recent price drops and worst jobs data in 22 years, Bitcoin dominance sits at 59% (65% triggers peak warnings), Pi cycle top indicator remains green, and long-term holders absorbed $52.2B in sell pressure. Subscribe to the newsletter! https://newsletter.blockspacemedia.com Notes: • 0 out of 30 indicators show bear market • Bitcoin dominance currently at 59% • 65% dominance historically signals cycle top • Jobs data showed 100K+ losses last month • Long-term holders absorbed $52.2B sell pressure Timestamps: 00:00 Start 00:36 BTC puking on jobs data 01:39 Bitcoin Dominance 07:19 Institutional Allocations 09:09 Long Term Holder Supply 11:57 Mayer Multiple 13:26 Peull Multiple 19:42 Pi Cycle Top Indicator -

Is the crypto bull market really over, or just pausing while AI takes the spotlight? On this week's Weekly Rollup, Ryan and guest co-host Haseeb break down Bitcoin's 10/10 crash, hidden leverage, and the “Bitcoin silent IPO” thesis. They also cover the $128M Balancer hack, DeFi's decentralization debate, L2 vanity metrics, Brian Armstrong's prediction market stunt, and why Peter Thiel says Bitcoin's becoming a BlackRock coin. ------

Download the “65 Investment Terms You MUST Know to Reach Your Financial Goals” for FREE by going to https://TodaysMarketExplained.com/  The markets are showing strength — but not without contradictions. Domestic equities hold the top spot, international stocks are quietly outperforming, and commodities are on the move. Yet beneath the surface, AI mania is driving record valuations, the Fed's next rate decision looms, and the U.S. government shutdown has become the longest in history.In this episode of Today's Market Explained, Brian Kasal and Chris Reardon break down the week's biggest developments across equities, sectors, and global economies. From AI-driven productivity hopes and tariff negotiations with China to deglobalization, trade realignments, and the implications of a $7 trillion cash pile, they cut through the noise to reveal where opportunities — and risks — really lie.

Crypto News: Jim Cramer says we are in a bear market. Bitcoin's monthly chart shows warning signs of bulls losing momentum. Crypto whale who nailed the October crash opens $55M BTC and ETH longs. Brought to you by✅ VeChain is a versatile enterprise-grade L1 smart contract platform https://www.vechain.org/

Steve Forbes explains why the Federal Reserve must continue cutting rates despite Fed Chair Jerome Powell's hesitance to do so, warning that failure would cause the stock market's bull run to turn bearish. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Our CIO and Chief U.S. Equity Strategist Mike Wilson looks at buying opportunities approaching year-end, as U.S. trade policy and the Fed find middle ground. Read more insights from Morgan Stanley.----- Transcript ----- Mike Wilson: Welcome to Thoughts on the Market. I'm Mike Wilson, Morgan Stanley's CIO and Chief U.S. Equity Strategist. Today on the podcast I'll be discussing recent macro events and third quarter earnings results.It's Monday, November 3rd at 11:30am in New York. So, let's get after it.Last week marked the passage of two key macro events: the meeting on trade between Presidents Trump and Xi and the October Fed meeting. On the trade front, the U.S. agreed to cut tariffs on China by 10 percent and delay newly proposed tech export controls for a year. In exchange, China agreed to pause its proposed export controls on rare earths, and resume soybean purchases while cracking down on fentanyl. This is a major positive relative to how developments could have gone following the sharp escalation a few weeks ago, and markets have responded accordingly.With respect to the Fed meeting, Powell suggested policy is not on a preset course which took the bond market probability of a December rate cut down from 92 percent before the meeting to 68 percent currently. It also led to some modest consolidation in equity prices while breadth remained very weak. In my view, the market is saying that if growth holds up but the Fed only cuts rates modestly, leadership is likely to remain narrow and up the quality curve.Over the next 6 to 12 months, we think moderate weakness in lagging labor data, and a stronger than expected earnings backdrop ultimately sets the stage for a broadening in market leadership. However, we are also respectful of the signals the markets are sending in the near term. This means it's still too early to press the small cap/low quality/deep cyclical rotation trade until the Fed shows a clear willingness to get ahead of the curve. Perhaps just as important for markets was the Fed's decision to end Quantitative Tightening, or QT, in December.Recently, Jay Powell has acknowledged the potential for rising stress in the funding markets and indicated the Fed could end QT sooner rather than later. Over the past month, expectations for the timing of this QT termination ranged from immediately to as late as February. Powell seemed to split the difference at last week's meeting and this could be viewed as disappointing to some market participants.In order to monitor this development, I will be watching how short-term funding markets behave. Specifically, overnight repo usage has been on the rise and if that continues along with the widening spreads between the Secured Overnight Financing Rate and fed funds, I believe equity markets are likely to trade poorly, especially in some of the more speculative areas. In short, we think higher quality areas of the market are likely to continue to outperform until this dynamic is settled.Meanwhile, earnings season is in full swing and the real standout has been the upside in revenue surprises, which is currently more than double the historical run-rate. We think this could provide further support that our rolling recovery thesis is under way which leads to much better earnings growth than most are expecting.Bottom line, we are gaining more confidence in our core view that a new bull market began in April with the end of the rolling recession and the beginning of a new cycle. This means higher and broader earnings growth in 2026 and a potentially different leadership in the equity market. The full broadening out to lower quality, smaller capitalization stocks is being held back by a Fed that continues to fight inflation; perhaps not realizing how much the private economy and average consumer needs lower rates for this rolling recovery to fully blossom. Last week's Fed meeting could be disappointing in that regard in the short run for equity markets. As a result, stay up the quality curve until we get more clarity on the timing of a more dovish path by the Fed and look for stress in funding markets as a possible buying opportunity into year end.Thanks for tuning in; I hope you found it informative and useful. Let us know what you think by leaving us a review. And if you find Thoughts on the Market worthwhile, tell a friend or colleague to try it out!

On this TCAF Tuesday, Josh Brown is joined by Nick Colas and Jessica Rabe of DataTrek Research to discuss: the key to understanding Q3 reporting season, the seasonality of S&P highs, a financial analysis of Big Tech, and more! Then at 39:40, hear an all-new episode of What Are Your Thoughts with ⁠⁠⁠⁠⁠⁠⁠Downtown Josh Brown⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠Michael Batnick⁠⁠⁠⁠⁠⁠⁠! This episode is sponsored by Betterment Advisor Solutions. Grow your RIA, your way by visiting: https://Betterment.com/advisors   Sign up for ⁠⁠⁠⁠⁠⁠⁠The Compound Newsletter⁠⁠⁠⁠⁠⁠⁠ and never miss out! Instagram: ⁠⁠⁠⁠⁠⁠⁠https://instagram.com/thecompoundnews⁠⁠⁠⁠⁠⁠⁠ Twitter: ⁠⁠⁠⁠⁠⁠⁠https://twitter.com/thecompoundnews⁠⁠⁠⁠⁠⁠⁠ LinkedIn: ⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/company/the-compound-media/⁠⁠⁠⁠⁠⁠⁠ TikTok: ⁠⁠⁠⁠⁠⁠⁠https://www.tiktok.com/@thecompoundnews⁠⁠⁠⁠⁠⁠⁠ Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Josh Brown are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. The Compound Media, Incorporated, an affiliate of ⁠⁠⁠⁠⁠⁠⁠Ritholtz Wealth Management⁠⁠⁠⁠⁠⁠⁠, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here ⁠⁠⁠⁠⁠⁠⁠https://ritholtzwealth.com/advertising-disclaimers⁠⁠⁠⁠⁠⁠⁠. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information. Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: ⁠⁠⁠⁠⁠⁠⁠https://ritholtzwealth.com/podcast-youtube-disclosures/⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

As the S&P 500 continues to rally, our CIO and Chief U.S. Equity Strategist Mike Wilson discusses three factors that could lead to a stock market correction in the near term.Read more insights from Morgan Stanley.----- Transcript ----- Welcome to Thoughts on the Market. I'm Mike Wilson, Morgan Stanley's CIO and Chief U.S. Equity Strategist. Today on the podcast I'll be discussing why we are still in a new bull market even if a correction is likely in the near term. It's Monday, October 20th at 1pm in New York. So, let's get after it. I continue to believe the sharp selloff in April following Liberation Day marked the trough of what was effectively a three-year rolling recession in the U.S. economy. We have written extensively about this view; but it still remains very much out of consensus. Since 2022 most sectors of the private economy have gone through their own individual recession but at different times. The final trough in the rate of change in economic activity came in April around the tariff announcements which came as a surprise to almost everyone, at least in terms of the magnitude and scope. In short, Liberation Day was really capitulation day on the last piece of bad news for the economic cycle which then bottomed. Stocks seem to agree which is why they have rallied in a straight line since then, much like they do after the trough in any economic cycle. The other proof we have for this claim is the v-shaped recovery in earnings revision breadth, something we have discussed for many months in our written research and on this podcast. Based on our numerous conversations with investors, this view remains very unpopular. Instead, most believe the economy and earnings growth for next year are at risk of being lower rather than higher than expected, as I do. Core to my view is that we are now firmly in an inflationary regime since COVID and the implementation of helicopter money to get us out of that crisis. The government has to run it hot to get us out of the massive debt and deficit problem created over the past 20 years. The end result is that investors need to expect hotter but shorter cycles rather than the elongated 10-year cycles we experienced between 1980-2020 when inflation was falling. That means two-year up cycles followed by one-year down cycles for U.S. equity markets, which is exactly what's happened since 2020. We are now in the midst of a new up cycle that began in April. The key thing to understand during this new regime is that inflation is not bad for stocks so long as it's accelerating and the Fed is on the sidelines or easing like in 2020-21, 2023 and now today. Higher inflation means higher earnings growth which is why price earnings multiples are high today. With inflation likely to accelerate next year, stocks are anticipating better earnings growth. In other words, stocks are a hedge against inflation. In fact, relative to gold, high quality stocks may offer a cheaper inflation hedge at this point given their dramatic underperformance to precious metals year-to-date and since 2021. Eventually, inflation will be a problem again for stocks like in 2022 when the Fed has to react by tightening policy, but that's a story for another day. Having said all this, the equity markets are a bit frothy at the moment and so a 10-15 percent correction in the S&P 500 is not only possible but would be normal at this stage of a new bull market. I see three primary reasons for why we could get that in the near term. First, China-U.S. trade relations have recently escalated again, and we are slowly marching toward a November 1st deadline for tariffs on China to go back to Liberation Day levels. While most investors don't want to get sucked into selling at the worst possible time like they did in April, this risk is real and will weigh on stocks if we don't see evidence of a de-escalation in the next few weeks. Second, funding markets have exhibited some signs of increased stress lately. This is likely due to the ongoing quantitative tightening program by the Fed which is draining bank reserves. Should these stresses increase, it could spill over into equities. Third, our earnings revision breadth metric is rolling over now after its historic rise since April. This could continue into earnings season as it's normal to see some retracement from such a high level and tariffs start to flow through from inventories to the income statement. Trade tensions might also weigh on company guidance in the short term. Bottom line, I believe a new bull market began in April with a new rolling economic and earnings recovery that is now quite nascent. However, even new bull markets have corrections along the way, and certain conditions argue we are at risk for the first tradable one since April. Keep your powder dry in the near term for what should be a great buying opportunity, if it arrives. Thanks for tuning in; I hope you found it informative and useful. Let us know what you think by leaving us a review. And if you find Thoughts on the Market worthwhile, tell a friend or colleague to try it out!