Podcasts about chief market strategist

There has been a significant decoupling between credit and rates, with investment grade and high yield spreads remarkably resilient amid substantial volatility in government bond yields. In this week's podcast, Aleksander Devic, Fixed Income Strategist, joins co-hosts Julien Lafargue, Chief Market Strategist, and Judiyah Amirthanathar, Market Strategist, as they discuss the fiscal challenges in major economies, corporate credit fundamentals and the recent surge in AI-related issuance.

The global transition toward sustainability is facing a complex landscape. Geopolitical tensions and the AI revolution are redefining investment priorities. Ed Lees, Co-CIO of the Environmental Strategies Group at BNP Paribas Asset Management, and Daniel Morris, Chief Market Strategist, explore the durable long-term trends shaping the sector.For more insights, visit Viewpoint: https://viewpoint.bnpparibas-am.com/Download the Viewpoint app: https://onelink.to/tpxq34Follow us on LinkedIn: https://bnpp.lk/amHosted on Ausha. See ausha.co/privacy-policy for more information.

In Episode 205 of the Facts versus Feelings Podcast, Ryan Detrick, Chief Market Strategist at Carson Group, and Sonu Varghese, Chief Macro Strategist at Carson Group, tackle the AI story dominating headlines: a viral tweet from a former Anthropic employee warning about civilization-level risk, an OpenAI/Hugging Face sandbox incident where AI agents were caught cheating and covering their tracks, and Anthropic CEO Dario Amodei's call to slow the AI frontier and create third-party auditors. The hosts draw parallels to past industries (AT&T, airlines, tobacco) that welcomed regulation to cement their dominance, and debate whether China will actually slow down its own AI push or keep charging ahead on deployment rather than AGI.From there, the conversation shifts to markets. The 10-year Treasury yield cracked 5% for the first time since 2023, and the team explains why that's less alarming than it sounds given nominal GDP growth running near 8%. They dig into hot CPI and PPI data, sticky services inflation (vet bills, wireless plans, dental care), and eye-popping PPI spikes in printed circuit boards and semiconductors tied to the AI buildout. The episode wraps with a look at what's driving the S&P 500's 2026 return, why margin expansion has more than offset multiple contraction, and why credit spreads and defensive sectors aren't flashing recession warnings yet.[Key Takeaways]A viral tweet from a former Anthropic employee, plus an OpenAI/Hugging Face incident involving AI agents caught cheating and hiding it, has fueled fresh "AI risk" headlines, though the hosts note political and business incentives may be shaping the narrative.Anthropic CEO Dario Amodei is calling for slower AI development, more interpretability tools, and third-party audits, a request the hosts compare to past industries (telecom, airlines, tobacco) that used regulation to entrench their dominance.The 10-year yield topped 5% for the first time since October 2023, but with nominal GDP growth near 8%, the hosts argue this looks more like normal repricing than a warning sign, especially compared to the late 1990s.Core and supercore inflation remain sticky, with services like vet care, wireless plans, dental work, and lawn care all running well above pre-pandemic norms, alongside PPI spikes of 65%+ annualized in printed circuit boards tied to the AI buildout.The S&P 500's ~13% year-to-date return has been driven almost entirely by earnings growth and margin expansion (up 16 percentage points), which has fully offset a 15-point drag from multiple contraction as rates have risen.Jump to:0:02 - Welcome And The AI Alarm1:40 - When AI Agents Cheat And Hide5:20 - Slowing The Frontier And Regulation14:20 - China Deployment Versus AGI Risk21:43 - Ten-Year Yield Hits Five Percent31:51 - Inflation Details CPI Versus PCE38:45 - PPI Shock From AI Supply Chain45:05 - Why Stocks Rise Despite Higher Rates48:39 - Credit Spreads And Defensive Signals55:10 - Livestream Plans And Closing ThoughtsConnect with Ryan:• LinkedIn: https://www.linkedin.com/in/ryandetrick/• X: https://x.com/RyanDetrickConnect with Sonu:• LinkedIn: https://www.linkedin.com/in/sonu-varghese-phd/• X: https://x.com/sonusvarghese?lang=enQuestions about the show? We'd love to hear from you! factsvsfeelings@carsongroup.com

Your deposits aren't as loyal as they used to be. Nationwide's Mark Hackett and Wolf & Company's Jeff Marsico explain why money is on the move, even in a strong economy, and what community banks should do about it.The economy looks good: consumers are spending, the stock market is healthy, and the AI build-out is fueling growth. So why is it getting harder for banks to hold onto deposits? On this episode of Travillian Next, Brian Love, Head of Banking & Fintech at Travillian, zooms out with Mark Hackett, Chief Market Strategist at Nationwide, and Jeff Marsico, Principal at Wolf & Company, to talk rates, deposits, private credit, M&A, and AI.

Has the constant stream of information made investors better informed or simply more reactive? In this week's podcast, Alex Joshi, Head of Behavioural Finance, joins co-hosts Julien Lafargue, Chief Market Strategist, and Judiyah Amirthanathar, Market Strategist, as they discuss the core principles of successful long-term investing, investor psychology, behavioural resilience and the common mistakes made by investors.

Emerging market equities have increasingly evolved into a technology and manufacturing-led asset class in the wake of a surge in AI‑related capital expenditure by the hyperscalers. Zhikai Chen, Global Head of Emerging Market Equities at BNP Paribas Asset Management, and Daniel Morris, Chief Market Strategist, discuss how emerging market equities are benefitting from both structural economic growth and the competitiveness of manufacturing and knowledge‑based sectors.For more insights, visit Viewpoint: https://viewpoint.bnpparibas-am.com/Download the Viewpoint app: https://onelink.to/tpxq34Follow us on LinkedIn: https://bnpp.lk/amHosted on Ausha. See ausha.co/privacy-policy for more information.

In Episode 204 of the Facts versus Feelings Podcast, Ryan Detrick, Chief Market Strategist at Carson Group, and Sonu Varghese, Chief Macro Strategist at Carson Group, dig into why "everything's running hot" across the US economy. The hosts unpack the August jobs report, including a much stronger than expected 162,000 jobs created, upward revisions to prior months, a tick higher in labor force participation, and a steady 4.1% unemployment rate now sitting below 4.5% for a record 59 straight months. They also dive into which sectors are hiring, the truth behind tech layoff headlines, and why the Challenger job cuts data may be overstating labor market weakness.Later in the episode, the team covers scorching-hot ISM manufacturing and services data, surging commodity prices (copper, oil, diesel, gasoline), and what it all means for the Fed's rate decision next week, with markets pricing in real odds of a hike rather than a cut. They also touch on Lululemon's earnings miss, the AI-driven software rally, and pause to reflect on the 25th anniversary of 9/11.[Key Takeaways]August payrolls came in at 162,000, blowing past expectations, with prior months revised higher, a rare reversal after a long stretch of downward revisions.The unemployment rate held at 4.1%, marking 59 consecutive months below 4.5%, a record in the data series going back to the 1940s, while labor force participation ticked up for the first time in 11 months.Job growth over the past three months has been led by cyclical, higher-paying sectors, healthcare, professional/business services, construction, and manufacturing, accounting for the vast majority of gains.ISM manufacturing and services indices both showed activity and prices running hot, with services prices hitting their highest level since August 2022, reinforcing the "running hot" theme in growth and inflation.With nominal GDP growth strong and inflation elevated near 3%, markets are pricing in real odds of a Fed rate hike rather than a cut at the upcoming meeting, a sharp shift from where sentiment stood just weeks ago.Jump to:0:00 - Welcome And Running Hot Theme1:45 - Why Jobs Data Looks Underrated8:00 - Payroll Revisions And Trend Changes14:45 - Participation Rate And Unemployment Reality20:30 - Sector Jobs Tech Weakness And AI26:30 - Layoffs Data Myths Versus Scale32:45 - Fed Odds And Running It Hot41:00 - ISM Signals Prices And Commodities48:45 - Stocks Versus Yields And Market Positioning55:20 - 9/11 Memories And Lasting Impact59:10 - Wrap Up Livestream And DisclosuresConnect with Ryan:• LinkedIn: https://www.linkedin.com/in/ryandetrick/• X: https://x.com/RyanDetrickConnect with Sonu:• LinkedIn: https://www.linkedin.com/in/sonu-varghese-phd/• X: https://x.com/sonusvarghese?lang=enQuestions about the show? We'd love to hear from you! factsvsfeelings@carsongroup.com

In this episode, Zurich's Head of Macroeconomics Charlotta Groth, Head of Market Strategies Puneet Sharma and Chief Market Strategist & Economist Guy Miller discuss key findings from their latest Topical Thoughts paper, "The AI revolution: a snapshot in time." Together, they explore whether the trillions being invested in AI today can translate into stronger productivity, sustainable economic growth and attractive opportunities for investors.With hyperscalers such as Amazon, Alphabet, Meta and Microsoft leading a wave of unprecedented spending, the debate is shifting from AI adoption to AI impact. Can artificial intelligence accelerate scientific discovery, reshape industries and unlock a new era of economic growth, or will the benefits fall short of the investment? The key question is no longer whether AI will be adopted, but whether it can transform the way businesses, economies and societies operate.

Higher debt, heavier bond issuance and fiscal uncertainty are changing the fixed income landscape. In this week's podcast, Michel Vernier, Head of Fixed Income Strategy, joins co-hosts Julien Lafargue, Chief Market Strategist, and Judiyah Amirthanathar, Market Strategist, as they explore why long-end yields could remain volatile, why rates may stay higher for now, and where investors can still find value across credit.

In this Daily Editorial, we welcome back Marc Chandler, Chief Market Strategist at Bannockburn Capital Markets and editor of the Marc to Market website. Marc breaks down a volatile week across macro markets, reconciling surprising economic releases with muted market reactions and evaluating where global monetary policy is headed next. Deconstructing the Labor Data: Why a blowout headline payroll number might be masking underlying household vulnerability, five-year lows in wage growth, and persistent seasonal distortions. The Energy and Yield Disconnect: How crude oil surged over 9% in a single week while long-term Treasury yields barely budged, challenging standard inflation and demand assumptions. The Truth About the Yen and Carry Trades: An analysis of whether Bank of Japan rate moves are genuinely shifting global capital flows or if U.S. fiscal deficits and interest rate spreads remain the true drivers. Global Monetary Divergence: What to expect from the European Central Bank and regional central banks as they weigh stubborn inflation against shifting sovereign reserve allocations. Political Fault Lines in Europe: Why upcoming German state elections and French political positioning could spill over into currency markets and ECB policy.   Click here to visit Marc's site - Marc To Market - https://www.marctomarket.com/   --------------------- For more market commentary & interview summaries, subscribe to our Substacks:  The KE Report: https://kereport.substack.com/  Shad's resource market commentary: https://excelsiorprosperity.substack.com/   Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

In Episode 203 of Facts vs Feelings, Carson Group's Ryan Detrick, Chief Market Strategist, and Sonu Varghese, Chief Macro Strategist, tackle a surprise caller's question on why oil and gas prices aren't higher given ongoing disruptions in the Strait of Hormuz. The hosts break down global oil dynamics, including China's massive strategic petroleum reserves, economic cooling,and EV adoption, as well as the impact of refining margins ("crack spreads") and Ukrainian strikes on Russian refineries.Later in the episode, the team pays tribute to the legendary Dolly Parton and uses her timeless wisdom ("if you want the rainbow, you gotta put up with the rain") to frame long-term market resilience. Plus, they recap a surprisingly strong August for equities, analyze the tech sector's software surge, review blockbuster Nvidia earnings, and look back at historical market shocks like the 1998 Long-Term Capital Management crisis.[Key Takeaways]Despite severe supply shocks in the Strait of Hormuz, global oil prices have been cushioned by China's strategic petroleum reserves (SPR), slower domestic economic growth, and aggressive moves into electric vehicles (EVs).Elevated gas and diesel prices at the pump are driven not only by crude oil costs, but also by high refining margins ("crack spreads"), which have remained stretched due to attacks on Russian refining infrastructure.Defying historical seasonal weakness, the S&P 500 gained roughly 2.7% in August. Leadership rotated beyond chip stocks into beaten-down areas like equal-weight software, cybersecurity, and energy.Nvidia posted record quarterly revenue of $96.2 billion (up 106% year-over-year), with CEO Jensen Huang emphasizing that demand and AI compute acceleration remain robust.Referencing historical events like the 1998 Long-Term Capital Management crisis, the hosts remind investors that every year features scary headlines and bad days, but long-term investors must endure short-term "rain" to capture market gains.Jump to:0:00 — Surprise Caller on Gas Prices1:35 — Why Oil Is Not $2004:10 — China's Demand and SPR Release6:10 — Crack Spreads and Refining Margins8:02 — Listener Shoutouts and Bike Bus9:28 — Dolly Parton and Market Perspective13:31 — 1998 LTCM and Bad Market Days15:35 — August Recap and Sector Leaders18:40 — Software Surge and AI Agents22:41 — Nvidia Earnings and AI Demand31:59 — Vendor Financing Hidden in Footnotes39:12 — Jackson Hole and Rate Uncertainty49:57 — Rising Yields and 1990s Parallels58:21 — Jobs Data Risks and September Myths1:07:23 — ISM Signals Hot Growth and WrapConnect with Ryan:• LinkedIn: https://www.linkedin.com/in/ryandetrick/• X: https://x.com/RyanDetrickConnect with Sonu:• LinkedIn: https://www.linkedin.com/in/sonu-varghese-phd/• X: https://x.com/sonusvarghese?lang=enQuestions about the show? We'd love to hear from you! factsvsfeelings@carsongroup.com

In this Daily Editorial, we welcome back Marc Chandler, Chief Market Strategist at Bannockburn Capital Markets and Editor of the Marc to Market website, to unpack the market fallout following the Federal Reserve's Jackson Hole symposium. Marc provides an in-depth breakdown of shifting central bank communication, fiscal versus monetary policy tensions, and key technical setups across currencies and commodities. Jackson Hole Takeaways & Fed Policy Shifts: Analysis of Chairman Warsh's hawkish tone, the deliberate pivot away from forward guidance, and why the Fed is reaffirming its commitment to the 2% inflation target. Fed vs. Treasury Policy Divergence: An evaluation of the emerging philosophical divide between Treasury fiscal maneuvers and the Federal Reserve's monetary objectives. Economic Data & FOMC Rate Outlook: What upcoming jobs reports and inflation readings mean for voting members ahead of the fall policy meetings. AI Infrastructure & Bond Market Pressures: How massive corporate borrowing for AI buildouts is competing with US Treasuries and influencing the yield curve. Currency & Precious Metals Technicals: Key levels, momentum indicators, and reversal patterns across the US Dollar, gold, and silver following recent sharp price swings.   Click here to visit Marc's site - Marc To Market - https://www.marctomarket.com/   ---------------------- For more market commentary & interview summaries, subscribe to our Substacks:  The KE Report: https://kereport.substack.com/  Shad's resource market commentary: https://excelsiorprosperity.substack.com/   Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

Ryan Detrick, Chief Market Strategist at Carson Group, and Sonu Varghese, Chief Macro Strategist at Carson Group, mark episode 202 with "It's All About the Base(ment)," digging into last week's surprise Treasury announcement to double buybacks of long-end bonds after the 30-year yield hit 5.33%, its highest since 2007.Ryan and Sonu explain why this move — an operation-twist-style intervention rather than QE or yield curve control — spooked markets into the "debasement trade," sending gold up 5-6% and Bitcoin up more than 20% on the week while the dollar fell roughly 1%. They break down Stanley Druckenmiller's sharply critical Wall Street Journal op-ed on Bessent's approach, along with pushback from economist Guy Berger, and debate whether today's 10-year yield near 4.7% is simply normalizing back toward 1990s levels or whether nominal GDP growth suggests rates should go even higher.The conversation also covers a blowout Philly Fed manufacturing report and strong flash PMI data pointing to continued economic strength, market breadth and sentiment signals suggesting the bull market remains intact above key S&P 500 support, and a broader look at the $40 trillion national debt in context of rising household net worth. Ryan closes with thoughts on market technicals, portfolio diversifiers, and previews of Jackson Hole and Nvidia earnings coming later in the week.[Key Takeaways]Treasury's move to double long-end bond buybacks starting September 9, following the 30-year yield's spike to 5.33% (highest since 2007), sparked what Ryan and Sonu call the "debasement trade" — a rotation into gold and Bitcoin and out of the dollar.Gold rose 5-6% and Bitcoin surged more than 20% over the week, while the U.S. dollar index fell about 1%, an unusual reaction given that rising yields typically strengthen a currency rather than weaken it.Sonu frames the Treasury action as closer to a 1960s/2011-style "Operation Twist" than true quantitative easing, since it shifts duration without expanding the money supply, but notes it still risks pushing short-term yields and imported inflation higher.Stanley Druckenmiller's Wall Street Journal op-ed argued Treasury's buybacks amount to artificial suppression of the "only fiscal disciplinarian" left in Washington, sparking debate over whether the intervention is as powerful as he suggests.Comparing current nominal GDP growth (~5.5%) to the late 1990s (~5.8%) with today's lower 10-year yield (~4.3% average vs. ~6% then), Sonu argues rates may need to move even higher than current levels to reach true equilibrium.A blowout Philly Fed manufacturing report (47.4, highest since 2021) and strong flash PMI data (56, highest since April 2022) point to renewed industrial strength, largely tied to AI-driven investment.Jump to:0:00 - Welcome And A Playful Title1:22 - The 1,000-Point Dow Day Memory4:01 - Personal Low Moments And Path Dependency7:06 - Treasury Steps In As Yields Surge14:18 - Druckenmiller Critiques Yield Defense20:40 - Operation Twist And A Falling Dollar23:12 - Gold And Bitcoin Jump On Debasement27:54 - Are Rates Simply Back To Normal36:02 - AI Boom Data Signals Real Strength39:20 - Jackson Hole Expectations And Nvidia Setup41:49 - Market Breadth Levels And Investor Sentiment44:10 - The $40 Trillion Debt Context Check49:30 - Portfolio Diversifiers And Final Takeaways53:00 - Closing Thanks And How To SupportConnect with Ryan:• LinkedIn: https://www.linkedin.com/in/ryandetrick/• X: https://x.com/RyanDetrickConnect with Sonu:• LinkedIn: https://www.linkedin.com/in/sonu-varghese-phd/• X: https://x.com/sonusvarghese?lang=enQuestions about the show? We'd love to hear from you! factsvsfeelings@carsongroup.com

Jefferies Chief Market Strategist David Zervos joins to discuss the bond market moves this week. Then, Wellington Management's Matt Witheiler shares where he sees opportunity in the AI space right now. Plus, we discuss what's driving the surge in Manhattan rents this year. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

It's Intervention Week on This Week in Futures Options as markets react to a wild mix of policy moves, geopolitical risk and shifting expectations across the futures landscape. Host Mark Longo is joined by Bobby Iaccino, Co-Founder and Chief Market Strategist at Path Trading Partners, to break down the latest action in futures and options across gold, silver, equities, crude oil, natural gas and more. On this episode, we discuss: The intervention-fueled moves shaking up markets Gold's latest rally and heavy call activity Whether gold could have significantly more upside ahead Why silver remains one of the trickiest markets to trade Growing downside hedging in the S&P 500 Whether "buy the dip" has fundamentally changed bear markets AI spending, the Fed and geopolitical risk as market catalysts Why crude oil may not be the biggest problem in energy right now The growing importance of diesel and refinery capacity What the options market is signaling about WTI crude Natural gas seasonality and a surge in options activity The Nasdaq selloff and whether traders are already positioning for more downside Why Jackson Hole could provide the market's next major catalyst Plus, we examine the hottest options activity across CME Group's futures markets and discuss where volatility and skew may be pointing next.

It's Intervention Week on This Week in Futures Options as markets react to a wild mix of policy moves, geopolitical risk and shifting expectations across the futures landscape. Host Mark Longo is joined by Bobby Iaccino, Co-Founder and Chief Market Strategist at Path Trading Partners, to break down the latest action in futures and options across gold, silver, equities, crude oil, natural gas and more. On this episode, we discuss: The intervention-fueled moves shaking up markets Gold's latest rally and heavy call activity Whether gold could have significantly more upside ahead Why silver remains one of the trickiest markets to trade Growing downside hedging in the S&P 500 Whether "buy the dip" has fundamentally changed bear markets AI spending, the Fed and geopolitical risk as market catalysts Why crude oil may not be the biggest problem in energy right now The growing importance of diesel and refinery capacity What the options market is signaling about WTI crude Natural gas seasonality and a surge in options activity The Nasdaq selloff and whether traders are already positioning for more downside Why Jackson Hole could provide the market's next major catalyst Plus, we examine the hottest options activity across CME Group's futures markets and discuss where volatility and skew may be pointing next.

The need to invest in sustainable farming is becoming increasingly urgent. Maxence Foucault, Environmental, Social & Governance Specialist, tells Daniel Morris, Chief Market Strategist, that farmland investing can offer strong diversification benefits with its low correlation to more traditional assets.For more insights, visit Viewpoint: https://viewpoint.bnpparibas-am.com/Download the Viewpoint app: https://onelink.to/tpxq34Follow us on LinkedIn: https://bnpp.lk/amHosted on Ausha. See ausha.co/privacy-policy for more information.

In this episode of Facts vs Feelings, Ryan Detrick, Chief Market Strategist at Carson Group, joins Sonu Varghese, Chief Macro Strategist at Carson Group, live from Penn State as Ryan navigates college move-in day and a few very real headlines along the way. From there, they dive into the increasingly complex financing behind the AI boom, including NVIDIA's role in funding AI infrastructure, the rise of "neo-clouds," private credit, and the shift of AI financing risk from corporate balance sheets toward the broader financial system.Ryan and Sonu then examine what the market is saying about risk. Semiconductor stocks have staged a powerful rebound, financials are on an unprecedented winning streak, European banks continue to outperform, and private equity and private credit names are breaking higher. They ask whether these market signals are consistent with the growing recession concerns that dominate financial headlines.The conversation turns to the consumer, where weak retail sales headlines tell only part of the story. Sonu explains why Prime Day timing, lower gasoline prices, and volatile monthly data can distort the picture, while restaurant spending, household balance sheets, debt levels, and delinquencies suggest the consumer remains more resilient than sentiment surveys imply. They also explore why consumers can feel worse while continuing to spend on restaurants, travel, concerts, and other experiences.Finally, Ryan and Sonu tackle inflation from the household's perspective, highlighting stubborn services inflation in areas like lawn care, health care, vehicle repairs, restaurants, and veterinary services. They discuss falling expectations for a September Fed hike, rising long-term Treasury yields, massive federal deficits, the growing cost of government interest payments, a steepening yield curve, and heavy Nasdaq hedging. The episode closes with a broader look at what these signals mean for the bull market and the economy.[Key Takeaways]AI financing is becoming increasingly financialized. NVIDIA's involvement in AI infrastructure financing, alongside major private-capital firms and banks, is helping shift the funding of AI buildout toward private credit, special-purpose vehicles, and debt-backed structures.The AI financing risk may be moving rather than disappearing. NVIDIA's proposed backstop structure can reduce tail risk on its own balance sheet, but some of that risk is transferred to investors, lenders, institutions, and private-credit vehicles financing AI infrastructure.The consumer is showing more resilience than the headlines suggest. Retail sales weakened in July, but Prime Day's earlier timing, lower gas prices, and monthly volatility complicate the headline number. Restaurant spending remains strong, while household debt and debt-service burdens remain relatively manageable.Household leverage does not look excessive by historical standards. Total household debt declined in Q2 2026, credit-card debt was down during the first half of the year, and household debt-service costs remain below 2019 levels. Delinquency data also require context because charged-off debt can remain in reported measures for longer than it historically did.Inflation remains a problem at the household level. While some headline inflation readings have been encouraging, services such as lawn care, home health care, vehicle repair, restaurants, dental care, and veterinary services continue to run above pre-pandemic inflation rates.Jump to:0:00 - College Move-In And Headlines4:20 - The Circular AI Money Loop8:30 - Neo-Clouds And Compute Financing Explained16:40 - Chip Rally And Financials Breakout19:45 - Why European Banks Still Lead22:20 - Retail Sales And Consumer Fears33:20 - Savings Rate Debt And Balance Sheets43:30 - Delinquencies The Data And The Asterisk49:40 - Inflation From A Consumer View56:55 - Fed Hike Odds Shift And Yields Rise1:01:20 - Deficits Long Bonds And Portfolio Positioning1:08:15 - Nasdaq Hedging And Final Takeaways1:11:57 - Wrap And Listener RequestsConnect with Ryan:• LinkedIn: https://www.linkedin.com/in/ryandetrick/• X: https://x.com/RyanDetrickConnect with Sonu:• LinkedIn: https://www.linkedin.com/in/sonu-varghese-phd/• X: https://x.com/sonusvarghese?lang=enQuestions about the show? We'd love to hear from you! factsvsfeelings@carsongroup.com

In this Daily Editorial, we are joined by Marc Chandler, Chief Market Strategist at Bannockburn Capital Markets and Editor of the Marc to Market website. Marc provides a detailed assessment of recent macroeconomic data, shifting central bank policy expectations, and key technical levels to watch across major global currencies. Key Discussion Points: Cooling U.S. Economic Momentum: How a string of softer inflation readings, disappointing retail sales, and weaker employment figures are dragging down the U.S. economic surprise index. Technical Breakdown and Key Dollar Levels: A deep dive into whether the U.S. dollar index is setting up for a bear flag breakdown toward the 200-day moving average and May/June lows. Fed vs. BOJ Divergence: Why interest rate expectations are shifting toward a potential rate hike from the Bank of Japan while pricing in a pause or fewer hikes from the Federal Reserve. Yen Carry Trades and Foreign Inflows: Analysis of the historic volume of foreign assets purchased by Japanese investors following recent currency interventions. Fiscal Pressures and Rising Tariffs: The broader market implications of the record July U.S. budget deficit, ongoing tariff refunds, and upcoming trade policy deadlines. Key Catalysts for Next Week: What to expect from China's economic releases, Japan's Q2 GDP, global flash PMIs, and the implementation of new U.S. tariffs.   Click here to visit Marc's site - Marc To Market - https://www.marctomarket.com/   --------------------------- For more market commentary & interview summaries, subscribe to our Substacks:  The KE Report: https://kereport.substack.com/  Shad's resource market commentary: https://excelsiorprosperity.substack.com/   Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

We sit down with Jim Thorne, Chief Market Strategist at Wellington-Altus Private Wealth, where he believes that we are setting up for a Secular Bull Market coming up. We go through the global debt problem, and why AI could fuel a massive new investment cycle. Lastly, we'll touch on falling rates, explosive earnings growth, Bitcoin's generational opportunity, and whether today's technology boom ultimately ends like the dot-com bubble. We also discuss Canada's economic challenges, a country deserving to be one of wealthiest in the world, yet decades of poor policy and underinvestment have left us falling behind. Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokersFor Investors and Advisors: https://www.neighbourhood.com/looniehourCheck out Saily at https://www.saily.com/looniehour and use our promo code 'LOONIEHOUR' to get 15% off your first purchase!Schedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/✉️ Media & Real Estate Inquiries: steve@stevesaretsky.comStay up to date with our information -

Ryan Detrick, Chief Market Strategist at Carson Group, argues that the U.S. economy is stronger than many investors believe. He highlights resilient consumers, a healthy labor market, strong corporate earnings, and broad market participation while explaining why he expects the current bull market to continue despite concerns over housing, debt, and Fed policy.======== 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

Celebrating 200 episodes, Ryan Detrick, Chief Market Strategist at Carson Group, and Sonu Varghese, Chief Macro Strategist at Carson Group, take Facts vs Feelings on the road to Boston for a live show, joined by special guest Art Hogan, Chief Market Strategist at B. Riley Wealth.Art opens by explaining his opinion on why the market keeps climbing despite bubble fears and Fed uncertainty: Second-quarter earnings growth came in far above expectations, broadening out across all 11 S&P 500 sectors rather than staying concentrated in mega-cap tech. That broadening, he argues, is why the equal-weight S&P 500 and the Russell 2000 are outpacing the market-cap-weighted index this year.The conversation moves to the Fed, where new Chair Kevin Warsh's terser, less transparent communication style rattled markets around his last two meetings. Sonu and Art debate whether AI should be viewed as an inflationary force, adding "workers" to the economy rather than acting as the historically disinflationary technology wave investors expect. They also dig into hyperscaler CapEx, rising CDS spreads on tech debt, and why Art thinks the field of dominant AI players will eventually narrow.Art also makes the case against comparing today's AI buildout to the dot-com bubble, citing real business models versus the 2,600 companies that went public between 1995 and 2000. Carson's Barry Gilbert, VP, Asset Allocation Strategist, joins to discuss how to actually invest in AI through a barbell approach, and the episode wraps with reflections on 200 episodes, gratitude for the team behind the podcast, and a toast with Art.Key TakeawaysQ2 2026 S&P 500 earnings growth beat expectations dramatically, with estimates that started around 13% rising above 23%, driving multiple compression from 23x to 19x forward earnings even as prices rose.For the first time in five quarters, all 11 S&P 500 sectors are showing significant earnings growth, with eight of 11 posting profit margin growth, explaining why the equal-weight index and Russell 2000 are outperforming the cap-weighted S&P 500.Fed Chair Kevin Warsh's less transparent communication style, including terse statements and non-committal press conferences, has unsettled markets around his last two meetings despite no actual policy surprises.NVIDIA is trading at a valuation multiple lower than the broader market despite 65-70% margins, reflecting investor uncertainty about whether AI mega-cap spending is near a cyclical peak.Small caps have returned roughly 21-22% year-to-date, with leadership shifting from unprofitable, speculative names early in the year to more profitable small caps as the market broadens out.Credit default swap spreads on hyperscaler debt are rising as investors reassess these companies from "capital-light, free-cash-flow-positive" to "capital-heavy, free-cash-flow-negative," with the market pricing in that only a handful of AI players will ultimately survive.Jump to:0:00 — Live From Boston for 2002:43 — Art Hogan Joins the Bar Talk3:06 — Earnings Growth Explains the Rally6:10 — Market Breadth and Nvidia Valuations9:02 — Pencils Down Origins and Rituals10:08 — Fed Communication and Inflation Anxiety13:40 — AI Spending Versus Productivity Payoff16:57 — Small Caps Benefit from Broadening19:50 — Hyperscalers Debt and Credit Skepticism23:41 — Timeless Advisor Advice Plus Bubble Myths27:31 — Why Profit Margins Keep Rising30:20 — How to Invest in AI Diversified35:52 — Contrarian Ideas International and Software39:39 — Gratitude Growth and a Carson Invite43:15 — Final Toast with Art HoganConnect with Ryan:• LinkedIn: https://www.linkedin.com/in/ryandetrick/• X: https://x.com/RyanDetrickConnect with Sonu:• LinkedIn: https://www.linkedin.com/in/sonu-varghese-phd/• X: https://x.com/sonusvarghese?lang=enQuestions about the show? We'd love to hear from you! factsvsfeelings@carsongroup.com

As financial markets navigate shifting macroeconomic signals, this episode brings together Brien Lundin and Marc Chandler to analyze the forces driving current precious metals price action and major bond market interventions. Together, they break down the recent rebound across precious and base metals, assess changing Federal Reserve rate expectations, and clarify the broader implications of global currency dynamics and central bank interventions.    Segment 1 & 2 - Brien Lundin, editor of the Gold Newsletter and host of the New Orleans Investment Conference, kicks off the show to discuss the strong rebound and underlying drivers in precious metals. He highlights how market perceptions of Federal Reserve rate policy are shifting in favor of metals, discusses the strong upside potential and valuation disconnects in both major and junior mining equities, and notes that copper is well-positioned for continued strength driven by demand from data centers and the AI sector.  Click here to learn more about the New Orleans Investment Conference on October 28-31. - https://neworleansconference.com/korelin/   Segment 3 & 4 - Marc Chandler, Chief Market Strategist at Bannockburn Capital Markets and editor of the Marc to Market website, joins us to discuss key developments in global currency, interest rate, and commodity markets. Marc shares insights on central bank interventions involving the Japanese Yen and US Dollar, the impact of recent US labor data on Federal Reserve policy expectations, the driving forces behind gold's price movements, and upcoming economic catalysts like the US CPI report.  Click here to visit Marc's site - Marc To Market - https://www.marctomarket.com/   If you enjoy the show, be sure to subscribe to our podcast feed (KER Podcast), YouTube channel, and follow us on X for more market commentary and company interviews. Don't forget to subscribe and leave us a review!   For more market commentary & interview summaries, subscribe to our Substacks: The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/   Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.  

In this episode of Facts vs Feelings, Ryan Detrick, Chief Market Strategist at Carson Group, and Sonu Varghese, Chief Macro Strategist at Carson Group, open with a cautionary tale from the AI-focused hedge fund Situation Awareness, whose founder went from up over 400% year-to-date to a 67% collapse in July, a stark reminder that concentration, leverage, and liquidity can undo even the best fundamental research.At the Fed's latest meeting, Chair Walsh's refusal to offer guidance sent long-term yields soaring instead of calming markets, with the 30-year hitting its highest level since 2007. Sonu explains why nominal GDP growth running near 6-8% (even as real growth stays soft) points to a genuinely inflationary growth environment, and why the bond market, not stocks, may be the real test of the new Fed chair's credibility. Microsoft, Amazon, Meta, Google, and Oracle are now projected to spend over a trillion dollars in 2027 alone, close to 3% of GDP, with Microsoft and Amazon rewarded for showing results while Meta and Oracle get punished for spending without proof of ROI. They close with a look at GDP internals showing AI investment now accounts for over 40% of real GDP growth, banks breaking out to new highs as a bullish signal, a weakening dollar, and seasonal risks heading into August and September.[Key Takeaways]Situation Awareness, an AI-focused hedge fund, went from up over 400% year-to-date to down 67% in July after a concentrated, leveraged bet unwound, forcing a distressed sale of stock holdings to Citadel.Fed Chair Walsh's press conference offered little forward guidance, and long-term yields spiked in response, with the 30-year Treasury hitting its highest level since 2007 and 30-year mortgage rates climbing from 5.9% to 6.7% over the last five Fed meetings despite no rate changes.Nominal GDP growth has averaged 5.8% over the last six quarters (7.9% in Q2 alone), well above the 2010-2019 trend of 4%, supporting the view that this is an inflationary growth environment even as real GDP growth lags at 1.9%.The five largest hyperscalers (Microsoft, Google, Amazon, Meta, Oracle) are now projected to spend over $1 trillion in CapEx in 2027 alone, up from earlier 2026 outlook estimates of $600 billion, with markets rewarding companies showing revenue results (Microsoft, Amazon) and punishing those that aren't (Meta, Oracle).AI-related hardware and software investment accounted for roughly 42% of real GDP growth over the last six quarters and now represents about 5% of GDP, surpassing the peak proportion seen during the dot-com boom.Bank stocks (KBE) are breaking out to new highs after a base dating back to 2007, a signal Ryan argues is historically a positive one for the broader bull market, even as seasonally weak August and September approach in a midterm year.Jump to:0:00 - Welcome And Quick Banter1:25 - Live Boston Show Announcement3:24 - AI Hedge Fund Blowup Lessons9:39 - Fed Meeting And Market Whiplash16:47 - Nominal Growth And Sticky Inflation28:37 - Hyperscalers March Toward One Trillion32:34 - Earnings Reactions From Big Tech43:45 - GDP Under The Hood And AI Share48:56 - Markets Sideways Seasonality And Banks53:33 - Dollar Drop International Angle And WrapConnect with Ryan:• LinkedIn: https://www.linkedin.com/in/ryandetrick/• X: https://x.com/RyanDetrickConnect with Sonu:• LinkedIn: https://www.linkedin.com/in/sonu-varghese-phd/• X: https://x.com/sonusvarghese?lang=enQuestions about the show? We'd love to hear from you! factsvsfeelings@carsongroup.com

Interview recorded - 31st of August, 2026On this episode of the WTFinance podcast I had the pleasure of welcoming back Chris Vermeulen. Chris is the Founder & Chief Market Strategist at The Technical Traders. During our conversation we spoke about the current situation in the markets, the volatility in tech stocks, US Dollar bullishness, precious metals and more. I hope you enjoy!0:00 - Introduction1:07 - Overview of markets2:40 - Tech stocks4:29 - Sector rotation6:08 - Bear market8:40 - US Dollar11:08 - Precious metals14:55 - Bullish assets?18:55 - Portfolio allocation19:37 - Energy20:55 - One message to takeawayChris Vermeulen is a visionary investor who pioneered an industry-breaking method of investing called “Asset Revesting.” Chris introduced this innovative approach in his latest book, “Asset Revesting – How to Exclusively Hold Assets Rising in Value, Profit During Bear Markets, and Continue Building Wealth in Retirement.“Chris's journey in the financial world began in 1997 at 16. Using his innate talent for trading and risk management, Chris earned enough money to pay for his final year of college, where he earned a business diploma in operations management. He then transitioned into a full-time entrepreneur and trader, achieving financial freedom in his 20s.His expertise in technical analysis led him to create systematic processes that uncover unique trading and investment opportunities. A persistent advocate for managing portfolio risk, Chris has little faith in the buy-and-hold strategy, which often entails holding onto depreciating assets.Chris's innovative approach to asset allocation emphasizes efficiency, resulting in systems that manage portfolio positions, exhibit low drawdowns, and consistently outperform the markets. His short-term and long-term strategies are perfect for those seeking proven techniques to manage and protect capital.Chris is widely recognized as an exceptional technical trader, possessing profound insight and a keen understanding of market trends. He shares his wisdom in his book “Technical Trading Mastery, Second Edition – 7 Steps to Win with Logic,” further solidifying his reputation as a trailblazer in the financial industry.Chris Vermeulen - Website - https://thetechnicaltraders.com/Twitter - https://twitter.com/TheTechTradersYouTube - @TheTechnicalTraders WTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas

Stijn Schmitz welcomes Josef Schachter to the show. Josef is the Founder of Schachter Asset Management Inc. Josef clarifies that the current energy market tightness is not a crude oil shortage but a severe refining capacity problem, particularly impacting Asia. While US production has surged to 24 million barrels daily, allowing for exports, a lack of refined products in Asia has driven local prices to the equivalent of over $150 per barrel. He attributes the volatility to geopolitical tensions, noting that oil prices swung from the high $90s to $67 before rebounding into the mid-$80s on renewed conflict fears. Schachter outlines three potential scenarios for oil prices. If peace talks succeed and the Strait of Hormuz and Bab al-Mandab reopen, prices could fall back below $70, aided by China's massive strategic reserves and floating storage. If the conflict remains contained, a trading range between $70 and $94 is likely. However, a significant escalation involving Iran and key shipping lanes could push prices past the previous high of $119, potentially reaching $141.50. He warns that such a sustained spike above $120 would trigger severe global economic headwinds, combining with AI-driven job losses and high government debt to potentially cause a deep recession. From an investment perspective, Schachter sees energy producers as undervalued, trading on long-term price assumptions of $60-$65 oil despite his forecast of $80 average for the year and $90 in 2027. He highlights Canada as a particularly attractive region due to a new, supportive political stance toward fossil fuels, vast undrilled reserves, and discounted valuations compared to US peers. He advises that higher prices will economically transform lower-tier drilling inventory into highly profitable assets, offering significant upside for investors across the energy and service sectors. Timestamps: 00:00:00 – Introduction 00:00:42 – Current energy market conditions 00:02:46 – Crude oil supply analysis 00:04:23 – Refined product shortages 00:09:28 – Floating storage discussion 00:14:40 – Oil Shortage Debunking Thesis 00:17:47 – Dire Straits, Situation 00:21:08 – Asia refining crisis 00:25:42 – Asian Demand & Implications 00:29:05 – Recession and price scenarios 00:31:58 – Oil producer investment opportunities 00:35:48 – Canada energy sector outlook 00:41:10 – Other Opportunities? 00:46:47 – Concluding Thoughts Guest Links: Website: https://schachterenergyreport.ca Subscription Discount for Palisade Listeners, $100 off the first year of our subscription, use coupon code “POD100” https://schachterenergyreport.ca/subscriptions/ Josef Schachter is a 40+ year veteran of the Canadian Investment Management Industry, Josef Schachter has experienced several exceptional and turbulent global economic and stock market cycles. With his primary focus in the stock market and the energy sector, Josef is able to weave global political, economic and monetary issues with current energy data into a compelling story of what's going on, what is to come, and why. Josef is a frequent guest on Michael Campbell's Podcast ‘Mikes Money Talks' and other podcast and radio shows and is often quoted in the media. He is a regular Guest Speaker at the annual World Outlook Financial Conference in Vancouver and he delivers presentations to various companies and organizations. For several years, he was a frequent and notably colourful commentator on BNN Bloomberg's Market Call. Josef provided Oil and Gas research to Maison Placements Canada geared to their institutional clients for 15 years ending April 2017, and was acknowledged as the first analyst in Canada to predict the Oil Price Plunge of 2014. Prior to establishing his firm Schachter Asset Management Inc. in 1996, Josef was the Chief Market Strategist at Richardson Greenshields, a Director of RGCL and a member of its Investment Policy Committee. He holds a Chartered Financial Analyst designation and is a past Chairman of the Canadian Council of Financial Analysts.

Artificial Intelligence (AI) is impacting the media and advertising industries, triggering a pivot away from simply generating billable hours towards the production of higher value-added content. Matthijs Leendertse, Senior Lecturer for Media Economics at Erasmus University, Rotterdam, talks with Daniel Morris, Chief Market Strategist, about the development of AI and its potential future impact on our societies.For more insights, visit Viewpoint: https://viewpoint.bnpparibas-am.com/Download the Viewpoint app: https://onelink.to/tpxq34Follow us on LinkedIn: https://bnpp.lk/amHosted on Ausha. See ausha.co/privacy-policy for more information.

In this episode of Facts vs Feelings, Ryan Detrick, Chief Market Strategist at Carson Group, and Sonu Varghese, Chief Macro Strategist at Carson Group, dig into Apple reclaiming its title as the world's largest company by market cap after sitting out the AI spending race, while hyperscalers like Google, Amazon, and Microsoft pour ever-larger sums into CapEx. They break down record Q2 blended earnings growth of 38% year-over-year, the outsized role investment gains in private holdings like SpaceX and Anthropic played in Google's headline profit beat, andwhy core net income tells a different story. The conversation shifts to the "chip crash" playing out in South Korea, where the KOSPI has fallen more than 30% from its June 22 peak amid margin calls and central bank rate hikes, and what that says about crowded momentum trades and the explosion of leveraged ETF products tied to tech and semis. Ryan and Sonu also cover the rotation into low volatility, financials, and healthcare, why flows into tech remain historically stretched even after the pullback, and preview this week's Fed decision amid unusually high rate-hike odds. They close with apersonal update on Ryan's eye surgery, a shoutout to guest and TrendLabs Founder JC Parets' record-breaking episode, and details on the live 200th episode show in Boston.[Key Takeaways]Apple overtook NVIDIA as the world's largest company by market cap (~$4.9 trillion) after largely sitting out heavy AI CapEx spending, while free cash flow for semiconductor companies surpassed hyperscaler free cash flow for the first time this quarter.Q2 blended S&P 500 earnings growth hit 38% year-over-year, the best pace since Q3 2021, driven largely by tech (+65%), energy (+128%), and communication services (+112%); excluding Google, growth drops to 26%.A large share of Google's reported profit surge came from investment gains in private holdings (SpaceX, Anthropic) rather than core operations, a pattern also inflating net income at Amazon, NVIDIA, and Microsoft.South Korea's KOSPI fell roughly 33% from its June 22nd peak (before a further 10% one-day drop) as margin calls and a Bank of Korea rate hike hit heavily levered chip and momentum trades.Momentum's one-year excess return over the S&P 500 pulled back from the 96th to the 75th percentile relative to the last 40 years, while low volatility stocks are up 8% and financials up 11% since the market's June 2nd peak.Fed rate-hike odds this week sit near their highest pre-meeting level in recent memory, with the committee reportedly divided as inflation, a resilient labor market, and AI/Middle East-driven cost pressures complicate the outlook.Jump to:0:00 - Welcome And Quick Setup0:31 - Apple Reclaims Top Market Cap5:16 - AI Capex Arms Race Reality Check8:35 - Record Margins And Earnings Surge16:44 - South Korea Sparks Chip Crash23:49 - Ryan's Eye Patch Surgery Story29:58 - Why Tech Flows Look Crowded35:28 - Leveraged Products And Margin Call Risk42:40 - Rotation Into Low Vol And Defensives46:57 - Contrarian Thinking Versus Momentum54:41 - Interstellar Detour And Time Talk57:19 - Fed Uncertainty And Rate Hike Odds1:02:16 - Live Boston Show And Final ThanksConnect with Ryan:• LinkedIn: https://www.linkedin.com/in/ryandetrick/• X: https://x.com/RyanDetrickConnect with Sonu:• LinkedIn: https://www.linkedin.com/in/sonu-varghese-phd/• X: https://x.com/sonusvarghese?lang=enQuestions about the show? We'd love to hear from you! factsvsfeelings@carsongroup.com

Kristina Hooper is  Chief Market Strategist at Man Group, a global alternative investment manager. In this role, she provides views and insights on the economy and markets and appears regularly on CNBC, Bloomberg TV, Yahoo Finance, and Reuters TV. Prior to joining Man Group in 2025 Christina served as the chief global market strategist at Invesco and previously worked at Allianz Global Investors. Our conversation covers her early career, the lasting effects of her Catholic school education and how an investment club inspired a love of stocks and investing. We move to her focus on economics and behaviour and how her legal training assisted her with creating an argument. She shares some of her more contrarian takes today and shares some of the inspiration that has shaped her career.The Fiftyfaces Podcast is supported by Franklin Templeton and Alvine Capital. Franklin Templeton is a global investment management firm that provides a broad range of investment solutions, including mutual funds, ETFs, alternative investments, wealth management, and technology-enabled financial services. Founded in 1947, the firm manages approximately $1.8 trillion in assets under management (AUM) and serves individual and institutional investors across more than 150 countriesFounded in 2005, Alvine Capital is a European focused private capital advisory and placement agent that provides capital raising services to investment managers. From its base in London and its office in Stockholm it creates bespoke capital raising programs that blend appropriate investor targeting and sophisticated marketing to deliver a fundraise aligned with institutional expectations

In today's Daily Editorial, we are joined by Marc Chandler, Chief Market Strategist at Bannockburn Capital Markets and Editor of the Marc to Market website. We dive into the key macro forces shaping global markets, including rising Treasury yields, rising US Dollar, energy price volatility, and central bank expectations ahead of upcoming central bank meetings. Mark breaks down the broader implications for currency trends and international capital flows. Key Discussion Points: Surging Treasury Yields: A look into the sharp rise in the US 10-year yield and how global bond markets are reacting to shifting duration risks. US Dollar Momentum: An analysis of the greenback's continued strength, driven by rate differentials and foreign equity inflows. Oil Price Escalation: How the recent spike in crude contracts is reshaping inflation expectations and putting pressure on short-term rates. Federal Reserve Outlook: Insights into market-implied probabilities for upcoming Fed meetings and the central bank's delicate balancing act.   Click here to visit Marc's site - Marc To Market - https://www.marctomarket.com/   ---------------- For more market commentary & interview summaries, subscribe to our Substacks:  The KE Report: https://kereport.substack.com/  Shad's resource market commentary: https://excelsiorprosperity.substack.com/   Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

A century of market history reveals patterns of optimism, risk and resilience that continue to shape investment decisions today. This special summer series examines landmark events—from the 1929 crash to the Global Financial Crisis—to illuminate the forces behind market upheavals and the lessons they offer for modern investors. The conversation also highlights how long-term perspective and disciplined strategy can help investors navigate volatility and avoid common pitfalls. In this episode, join Gabriela Santos, Chief Market Strategist for the Americas, and Dr. David Kelly, Chief Global Strategist, as they introduce some of the turning points that have shaped markets throughout history.   Watch the video version on YouTube.  Subscribe to the Notes on the Week Ahead podcast for more insights from Dr. David Kelly: Apple Podcasts | Spotify

Business and finance news from the Asia-Pacific. Alphabet Inc. again raised already sky-high estimates for capital spending in 2026, telling investors that expenses may top $200 billion as it races to build the computing power necessary to fuel its artificial intelligence ambitions. The Google parent projected capital expenditures of $195 billion to $205 billion in 2026, up from a previous estimate of as much as $190 billion, above the roughly $186 billion that analysts had estimated. The higher guidance reflects the company's efforts to accelerate its expansion of AI computing capacity and book more revenue from cloud-computing clients. Tesla Inc.'s profit tumbled despite a strong quarter for its automotive business, pressuring Elon Musk's plan to refocus the electric vehicle maker on artificial intelligence and robots. Spending on the ambitious initiatives surged to $5.8 billion in the second quarter, resulting in Tesla's first cash burn in two years. The company still expects capital expenditures in excess of $25 billion this year, and executives are now predicting even larger outlays going forward."This is a massive capex year," Musk said late Wednesday on a conference call to discuss quarterly results. "We should be spending on capex as fast as we can — spend as fast as we can without it being too wasteful." We speak to Shay Boloor, Chief Market Strategist. Plus - Asian shares advanced as regional chipmakers gained on expectations they will benefit from billions of dollars flowing into the artificial intelligence buildout. Bloomberg TV hosts Haidi Stroud-Watts and Shery Ahn spoke to Vikas Pershad, Asian Equities Portfolio Manager at M&G Investments. See omnystudio.com/listener for privacy information.

Equities in the US, Europe, Japan and emerging markets should see strong second quarter earnings growth. As Nadia Grant, Head of Global Equities, tells Chief Market Strategist, Daniel Morris, year-to-date equity returns have been highly concentrated, notably AI-linked hardware stocks ‘at the expense of everything else, particularly software'.For more insights, visit Viewpoint: https://viewpoint.bnpparibas-am.com/Download the Viewpoint app: https://onelink.to/tpxq34Follow us on LinkedIn: https://bnpp.lk/amHosted on Ausha. See ausha.co/privacy-policy for more information.

Energy analyst Josef Schachter discusses the evolving landscape of the global oil and gas sector. He identifies a new bull market cycle that began in 2020, driven largely by the industrial needs of the developing world and the essential role of fossil fuels in mining green energy minerals. Schachter details how geopolitical tensions in the Middle East and the conflict in Ukraine create significant market volatility and supply risks. He provides a technical outlook on price floors and investment strategies, specifically highlighting the resilience of the American and Canadian energy markets. While addressing the rise of electric vehicles and data centers, he argues that traditional hydrocarbons will remain dominant into the 2030s.  Escape the Technocracy Live Workshop (w/ Geopolitics & Empire)! https://escapethetechnocracy.com/product-escape-the-technocracy-live-workshop-season-2 Watch on BitChute / Brighteon / Rumble / Substack / YouTube *Support Geopolitics & Empire! Become a Member https://geopoliticsandempire.substack.com Donate https://geopoliticsandempire.com/donations Consult https://geopoliticsandempire.com/consultation **Listen Ad-Free for $4.99 a Month or $49.99 a Year! Apple Subscriptions https://podcasts.apple.com/us/podcast/geopolitics-empire/id1003465597 Supercast https://geopoliticsandempire.supercast.com ***Visit Our Affiliates & Sponsors! Above Phone https://abovephone.com/?above=geopolitics American Gold Exchange https://www.amergold.com/geopolitics Escape The Technocracy (15% off w/ GEOPOLITICS!) https://escapethetechnocracy.com/geopolitics Expat Money (FREE “WW3 Plan-B” Report!) https://expatmoney.com/geopolitics PassVult https://passvult.com Sociatates Civis https://societates-civis.com StartMail https://www.startmail.com/partner/?ref=ngu4nzr Wise Wolf Gold https://www.wolfpack.gold/?ref=geopolitics Websites Schachter Energy Report https://schachterenergyreport.ca Schachter’s Eye on Energy Substack https://josefschachter.substack.com X https://x.com/JosefSchachter LinkedIn https://www.linkedin.com/in/josefschachter About Josef Schachter As a 40+ year veteran of the Canadian Investment Management Industry, Josef Schachter has experienced several exceptional and turbulent global economic and stock market cycles.  With his primary focus in the stock market and the energy sector, Josef is able to weave global political, economic and monetary issues with current energy data into a compelling story of what's going on, what is to come, and why. Josef is a frequent guest on Michael Campbell's Podcast ‘Mikes Money Talks' and other podcast and radio shows and is often quoted in the media.  He is a regular Guest Speaker at the annual World Outlook Financial Conference in Vancouver and he delivers presentations to various companies and organizations. For several years, he was a frequent and notably colourful  commentator on BNN Bloomberg's Market Call. Josef provided Oil and Gas research to Maison Placements Canada geared to their institutional clients for 15 years ending April 2017, and was acknowledged as the first analyst in Canada to predict the Oil Price Plunge of 2014. Prior to establishing his firm Schachter Asset Management Inc. in 1996, Josef was the Chief Market Strategist at Richardson Greenshields, a Director of RGCL and a member of its Investment Policy Committee. He holds a Chartered Financial Analyst designation and is a past Chairman of the Canadian Council of Financial Analysts. *Podcast intro music used with permission is from the song “The Queens Jig” by the fantastic “Musicke & Mirth” from their album “Music for Two Lyra Viols”: http://musicke-mirth.de/en/recordings.html (available on iTunes or Amazon)

In this mid-year outlook episode of Facts vs Feelings, Ryan Detrick, Chief Market Strategist at Carson Group, and Sonu Varghese, Chief Macro Strategist at Carson Group, revisit their 2026 forecast and explain why they've raised their S&P 500 target from 12-15% to 15-18% for the year, while holding bonds steady at 3-5%. They walk through how AI capex has become a macroeconomic story as much as a market one, contributing roughly 90 basis points per quarter to real GDP growth, and why hyperscaler spending plans for 2026 and 2027 keep getting revised sharply higher.The conversation covers the labor market's quiet resilience, why business creation data suggests confidence rather than desperation, an inflation picture that isn't going away despite market expectations for Fed rate hikes, and a sector rotation story where former "value" stocks like Micron have become momentum plays almost overnight. Ryan and Sonu also dig into earnings estimate revisions, midterm-year volatility patterns, diversifiers like gold and managed futures, and swap stories from their World Cup travels before previewing next week's guest.[Key Takeaways]Carson raised its 2026 S&P 500 target from 12-15% to 15-18% at the midpoint of the year, with the index already up 11% total return year-to-date; bonds remain forecast at 3-5%.AI-related hardware and software investment (excluding data centers) has contributed about 45% of real GDP growth over the last five quarters, roughly 90 basis points per quarter.Hyperscaler capex estimates keep climbing: the five largest tech spenders were projected to spend $470 billion in 2026 back in November; that figure is now $740 billion, with 2027 estimates rising from $530 billion to nearly $900 billion.S&P 500 2026 EPS estimates have risen from $308 to $339 a share (up 10%) since the start of the year, with 2027 estimates up 12%, led by technology, energy, and materials.The labor market shows underlying strength despite headline softness, with unemployment at 4.2%, average payroll growth around 110,000 a month, and falling continuing claims.Inflation remains sticky due to incomplete tariff pass-through, reshoring-related cost increases, and rising computer/software prices, a reversal from the deflationary tech trends of the 1990s.Jump to:0:00 - Welcome And The Midyear Setup1:45 - Why We Raised The Stock Target5:38 - AI Spending Shows Up In GDP9:44 - The Consumer Looks Better Than Feels14:20 - Business Creation As A Confidence Signal17:08 - The Real Leaders Inside “Tech”18:53 - Earnings Keep Getting Revised Higher27:03 - The Inflation Problem Isn't Gone31:06 - The Fed Pause Versus Hike Pricing35:00 - Second-Half Equity Playbook And Rotation42:19 - Volatility, Breadth, And Midterm Patterns49:06 - Bonds, Oil Headlines, Gold, Diversifiers52:55 - World Cup Travel Notes And Wrap-Up57:08 - DisclosuresConnect with Ryan:• LinkedIn: https://www.linkedin.com/in/ryandetrick/• X: https://x.com/RyanDetrickConnect with Sonu:• LinkedIn: https://www.linkedin.com/in/sonu-varghese-phd/• X: https://x.com/sonusvarghese?lang=enQuestions about the show? We'd love to hear from you! factsvsfeelings@carsongroup.com

Charles is joined by Victoria Fernandez, Chief Market Strategist at Crossmark Global Investments, to discuss why even the biggest Wall Street fund managers are struggling right now, why a legendary investor is dumping stocks to chase short-term trends, and whether software giants like Fortinet and Adobe are still safe bets for your money. Learn more about your ad choices. Visit podcastchoices.com/adchoices

In Episode 195 of Facts vs Feelings, Ryan Detrick, Chief Market Strategist at Carson Group, and Sonu Varghese, Chief Macro Strategist at Carson Group, celebrate the Dow's first close above 53,000 and break down the fastest 1,000-point milestone in the index's history. They unpack what's really driving the S&P 500's 10% first-half gain, splitting the return into earnings growth, margin expansion, and multiple contraction to make the case that this rally isn't a valuation-driven bubble.The episode also covers the widening gap between mega-cap tech and the "lag 7," how AI is quietly showing up in small-cap and industrial stock returns, record highs across advance-decline lines, and why a stretched momentum trade doesn't have to mean disaster for the second half. Ryan and Sonu also swap origin stories marking their four- and seven-year anniversaries at Carson, react to Team USA's World Cup exit, and preview next week's mid-year outlook.[Key Takeaways]The S&P 500's 10% first-half return was driven almost entirely by fundamentals: earnings growth contributed 18 percentage points while multiple contraction subtracted about 8.5 points, meaning stocks are actually cheaper than they were six months ago.Forward margins have jumped from roughly 14.5% to 16% since January, contributing 10 percentage points to the year-to-date return alongside 8 points from sales growth tied to nominal GDP.Technology gained 33% in the first half even as the "Mag 7" fell about 4%, showing how much dispersion exists within the sector as AI-driven names pull away from laggards like Apple and Microsoft.AI's influence now stretches well beyond big tech: roughly 12 of the Russell 2000's 23% first-half gain traced back to AI-linked names, with industrials contributing more than financials.Multiple advance-decline lines, including the NYSE, S&P 500, small-cap, and global Dow, hit all-time highs, a breadth signal that has historically preceded market peaks by about 11 months on average.The S&P 500 momentum index's trailing one-year excess return sits in the 96th percentile versus the last 40 years, prompting Carson to trim some momentum exposure in favor of diversification rather than trying to time an exit.Jump to:0:00 - Welcome And Market Milestones0:58 - Dow 53,000 And Summer Rally3:26 - What Really Drove Returns8:31 - AI Volatility Plus Sector Rotation16:31 - Breadth Signals And Slingshot Stats23:29 - Momentum Extremes And Risk Management28:45 - Ryan's Carson Origin Story32:05 - Sonu's Origin Story And AI Era42:04 - World Cup Heartbreak And Leadership47:57 - Payrolls Takeaways And Wrap-UpConnect with Ryan:• LinkedIn: https://www.linkedin.com/in/ryandetrick/• X: https://x.com/RyanDetrickConnect with Sonu:• LinkedIn: https://www.linkedin.com/in/sonu-varghese-phd/• X: https://x.com/sonusvarghese?lang=enQuestions about the show? We'd love to hear from you! factsvsfeelings@carsongroup.com

Building a billion-dollar company requires more than a great idea—it takes customer obsession, disciplined investing, and smart scaling. In this special compilation episode, Travis Chappell brings together insights from three remarkable entrepreneurs: Tomer London, co-founder and Chief Product Officer of Gusto; Jim Lebenthal, Chief Market Strategist at Cerity Partners; and Richard Harpin, founder of HomeServe. Together, they share practical lessons on creating products customers love, investing for the long term, and scaling businesses without losing control. On this episode we talk about: Why solving real customer problems is the foundation of billion-dollar companies. The importance of product development and customer feedback in building lasting businesses. Why long-term investing consistently outperforms trying to time the market. How entrepreneurs should think about fundraising, ownership, and scaling. The systems, metrics, and business models that helped HomeServe grow into a multi-billion-dollar company. Top 3 Takeaways The best businesses begin with a deep understanding of customer pain points and an unwavering commitment to building products that genuinely solve them. Whether investing or building a company, patience and long-term thinking outperform chasing short-term wins. Prove your business model before scaling aggressively. Grow sustainably, maintain ownership whenever possible, and let strong unit economics guide expansion. Notable Quotes "Consumers get amazing technology. Small businesses deserve great technology too." "The best days in the market almost always happen right after the worst days." "Keep it small, prove the model, get to profitability, and then, if you need money to scale, that's when you should bring in an investor." Connect with the Guests: Tomer London LinkedIn: https://www.linkedin.com/in/tomerlondon/ Other: Gusto: https://gusto.com/ Jim Lebenthal LinkedIn: https://www.linkedin.com/in/jim-lebenthal/ Book: How to Ride the Subway: Getting Around on Wall Street and Life Other: Cerity Partners: https://ceritypartners.com/ Richard Harpin Book: How to Make a Billion in Nine Steps Instagram: https://www.instagram.com/richard_harpin/ A Word from Our Sponsors: - Visit DrinkAG1.com/TMM to get a free AG1 Travel Case with 7 free AG1Travel Packs in your Welcome Kit with your first AG1 subscription order while supplieslast.  - Go to Leesa.com for 30% OFF select mattresses (through July 12, 2026) PLUS get an extra $50 off with promo code TMM, exclusive for my listeners  - To learn more about Mode Mobile and its investor community, go to https://invest.modemobile.com/travismakesmoney -Travis Makes Money is made possible by High Level – the All-In-One Sales & Marketing Platform built for agencies, by an agency.Capture leads, nurture them, and close more deals—all from one powerful platform.Get an extended free trial at gohighlevel.com/travis Learn more about your ad choices. Visit megaphone.fm/adchoices

In Episode 194 of Facts vs Feelings, Ryan Detrick, Chief Market Strategist at Carson Group, and Sonu Varghese, Chief Macro Strategist at Carson Group, take on the "June swoon" and the powerful market rotation shaking up underlying sector leadership. They analyze insights from Sonu's time at the Economic Club of New York, covering Scott Bessent's speech on national security industrial policy, Kevin Warsh's influence at the Fed, and the broader message of the global market.The episode also digs into an unprecedented market breadth anomaly, a massive weekly outperformance in healthcare, the state of small caps, and why the current bull market is far from finished.From Apple's steep hardware price hikes and roaring nominal consumer spending to structural lessons from the 1990s dot-com bubble, the conversation connects the week's biggest headlines to the harder macroeconomic data underneath.Key Takeaways:The S&P 500 logged a five-day losing streak, yet advancing stocks outnumbered decliners every single day, a market anomaly unseen in nearly 30 years. Meanwhile, major advanced-decline lines hit all-time highs.While mega-cap tech paused, mid-caps rose 2.9% and small caps grew 3% month-to-date. Concurrently, healthcare staged an extraordinary 8% weekly jump, marking its largest weekly outperformance on record.Market warnings are often early; the S&P 500 doubled over the three years following Alan Greenspan's 1996 "irrational exuberance" speech. Navigating secular waves like AI requires strategic re-diversification, not exiting the equity market early.While inflation-adjusted real consumption sits around 2%, nominal spending rocketed at an 8.6% annualized pace over the last three months. Because corporate revenue is nominal, this massive wave of consumer spending continues to bolster corporate earnings.Driven by AI-related memory chip shortages, Apple announced steep price hikes including 30% for the HomePod mini and 55% for Apple TV. This demonstrates how one company's supply chain inflation becomes another tech supplier's margin expansion.Massive fiscal deficits at 6% to 7% of GDP mirror the late 1960s, continuing to inject liquidity and minimize near-term recession risks. We expect the Fed to keep rate cuts on pause as core services inflation remains sticky at a 4% annualized pace.While June represents a seasonally weak timeframe, July is historically the strongest month for stocks over the past 20 years, closing positive in 13 of the last 14 years.Jump to:0:02 - Welcome And NYC Market Leaders6:36 - June Swoon Turns Into Rotation9:50 - Breadth Thrust And Sector Breakouts16:24 - AI Momentum And Dotcom Lessons27:40 - Inflation Pressures And Apple Pricing33:32 - Fed Pause Risks And Fiscal Deficits35:42 - July Seasonality And Wrap UpConnect with Ryan:• LinkedIn: https://www.linkedin.com/in/ryandetrick/• X: https://x.com/RyanDetrickConnect with Sonu:• LinkedIn: https://www.linkedin.com/in/sonu-varghese-phd/• X: https://x.com/sonusvarghese?lang=enQuestions about the show? We'd love to hear from you! factsvsfeelings@carsongroup.com

The Rod and Greg Show Daily Rundown – Friday, June 26, 20264:20 pm: Guy Ciarrocchi, political commentator and contributor to Broad and Liberty, joins Rod and Greg to discuss his piece on the praise America, and Americans, are receiving from tourists visiting for the World Cup soccer tournament.4:38 pm: Josh Findlay, National Election Protection Director for the Texas Public Policy Foundation, joins the program to discuss his piece for Townhall about how the Los Angeles City Council has decided to allow non-citizens to vote in school board elections.6:05 pm: John Daniel Davidson, Senior Correspondent at The Federalist, joins the show to discuss his piece about how the American Republic is falling apart.6:20 pm: We'll listen back to yesterday's interview with Jamie Barnes, Division Director of Utah Forestry, Fire and State Lands, and the State Forester, about the details behind the decision to ban personal fireworks in Utah this 4th of July.6:38 pm: We'll air an encore of this week's interview with James Thorne, Chief Market Strategist for Wellington-Altus Private Wealth, about his piece for Real Clear Politics on how President Trump has helped secure piece in the world using American strength.6:50 pm: This week's CEO's You Should Know features Phil James of Fort Knox Safes.

It was a mixed week on Wall Street with technology and inflation in focus. Investors seem more cautious about the AI boom as inflation rose in May with the PCE report rising 4.1% from than a year ago. Partner and Chief Market Strategist at Slatestone Wealth LLC Kenny Polcari joins FOX Business' Lydia Hu to discuss what that means for summer spending, plus the rise in popularity of socialism among young voters. Learn more about your ad choices. Visit podcastchoices.com/adchoices

At the year's midpoint, investors face a landscape shaped by surging AI investment, geopolitical uncertainty and diverging economic fortunes. The AI boom is powering exceptional growth in technology and semiconductors, while higher energy prices and global tensions add complexity to inflation and consumer sentiment. Shifting central bank policies and evolving global trends are redefining the outlook for fixed income, international equities and alternative assets. In this episode, join Gabriela Santos, Chief Market Strategist for the Americas, and Dr. David Kelly, Chief Global Strategist, as they present their mid-year outlook and share timely insights for navigating today's market crosscurrents. Watch the video version on YouTube.  Subscribe to the Notes on the Week Ahead podcast for more insights from Dr. David Kelly: Apple Podcasts | Spotify

In Episode 193 of Facts vs Feelings, Ryan Detrick, Chief Market Strategist at Carson Group, and Sonu Varghese, Chief Macro Strategist at Carson Group, talk about the passing of former Fed Chair Alan Greenspan and what his 18-year tenure actually produced for markets.Kevin Warsh's first Fed meeting as chair featured a statement that clocked in at roughly 130 words and told markets almost nothing about how the new Fed intends to make decisions.Sonu makes the case that despite all the hawkish headlines, dot plot drama, and a two-year yield that jumped 16 basis points on Fed day (the largest single-day move on a Fed decision since 2008), actual real policy rates are more accommodative now than they were in March. The committee is split 9-9 on whether to hike this year, Warsh has opted out of the dot plot entirely, and inflation is running well above target, with core PCE likely to finish the year above 3.3%.Apple's announcement that iPhone prices are going up due to memory chip shortages puts a real-world face on the inflation story. PPI for semiconductor chips and printed circuit boards is running above 100% annualized. Meanwhile the Dow, Russell 2000, and S&P MidCap 400 all closed at all-time highs last Thursday, which is the market's own vote on whether any of this is a crisis. The episode closes with a look at sector leadership, why communication services being down 6% to 7% year-to-date while tech is up 33% is genuinely strange, and why momentum breaking down is the signal to potentially worry about and why it isn't breaking down yet.Key Takeaways: Former Fed Chair Alan Greenspan oversaw a 190% gain in the S&P 500 over 18 years, second only to William McChesney Martin. He also presided over two bubbles that burst within a decade, the tech crash, and the housing collapse, producing what remains the worst decade for equity investors in history.Kevin Warsh's first Fed statement came in at roughly 130 words, the shortest non-emergency statement in modern Fed history. He also declined to submit a dot plot projection. The practical effect is that markets are now pricing guidance from the other 18 members, who are not stepping back from the spotlight.The dot plot went 9-9 on whether to hike in 2026. Three months ago, 12 of 19 members expected at least one cut this year. That shift may explain the volatility. 428 S&P 500 stocks fell on Fed day, the broadest single-day decline of the year, but it does not automatically mean the Fed is hawkish.After subtracting the Fed's own inflation projections from its own rate projections, real policy rates are actually more accommodative now than in March, dropping from an implied 0.7% real rate to 0.5%. With core PCE running around 3.5% to 3.8% annualized, the real policy rate is effectively near zero.Apple's decision to raise iPhone prices due to memory chip shortages is the real-world confirmation of a broadening inflation story. PPI for semiconductor chips and printed circuit boards is running above 100% annualized.The Dow Jones Industrial Average, Russell 2000, and S&P MidCap 400 all closed at all-time highs last Thursday. The NYSE advance-decline line and the small cap advance-decline line both hit all-time highs the prior Tuesday.Jump to:0:00 — World Cup Weekend and Father's Day3:07 — Remembering Alan Greenspan's Fed8:05 — A New Chair and a Short Statement13:25 — Dot Plot Split and Market Shock19:45 — Yield Curve Signals and Bond Surprise24:35 — AI Supply Chains and Price Pressure28:20 — The Case for a Dovish Fed34:40 — Economy Strength and Running It Hot37:10 — A Car Break in Reality Check40:35 — Breadth Seasonality and Sector Rotation53:20 — Closing Thoughts and Listener RequestsConnect with Ryan:• LinkedIn: https://www.linkedin.com/in/ryandetrick/• X: https://x.com/RyanDetrickConnect with Sonu:• LinkedIn: https://www.linkedin.com/in/sonu-varghese-phd/• X: https://x.com/sonusvarghese?lang=enQuestions about the show? We'd love to hear from you! factsvsfeelings@carsongroup.com

Former Federal Reserve Chairman Alan Greenspan has passed away at the age of 100, leaving behind a massive, complex economic legacy. Does his most famous warning about the economy perfectly describe the market we are living in right now? Chief Market Strategist for ProCap Financial Phil Rosen joins Lou Basenese to discuss Greenspan's nearly 19-year tenure steering the economy and whether his iconic “irrational exuberance” warning is fitting for today's volatile markets and the AI boom. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Mercantilist Restoration - https://anthonyfatseas.substack.com/p/the-mercantilist-restoration-how?r=1ni7opInterview recorded - 17th of June, 2026On this episode of the WTFinance podcast I had the pleasure of welcoming back Peter Grandich. Peter Grandich is a Wall Street veteran known as the Wall Street Whiz Kid, and the founder of Peter Grandich and Company.During our conversation we spoke about his economic overview, risk of a similar scenario to the great depression, K shaped economy, AI, Precious metals, underappreciated assets and more. I hope you enjoy!0:00 - Introduction3:14 - Economic overview5:52 - Stock market concern9:49 - Crash catalyst?16:28 - Lame duck president?18:25 - K shaped economy & AI boom22:34 - Government inefficiencies25:54 - Precious metals long31:07 - Underappreciated assets?33:15 - Kevin Warsh hawkish37:29 - Global overview39:12 - One message to takeaway?Peter Grandich entered Wall Street in the mid-1980s with neither formal education nor training, and within three years was appointed Head of Investment Strategy for a leading New York Stock Exchange-member firm. He would go on to hold positions as Chief Market Strategist, Portfolio Manager for four hedge funds and a mutual fund that bore his name. His abilities have resulted in hundreds of media interviews, including Good Morning America, Fox News, CNBC, Wall Street Journal, Barron's, Financial Post, Globe and Mail, US News & World Report, New York Times, Business Week, MarketWatch, Business News Network and dozens more. He has spoken at investment conferences around the globe, edited numerous investment newsletters and was one of the more sought-after financial commentators.His autobiography, Confessions of a Wall Street Whiz Kid, was first published in the fall of 2011. The second edition was released in 2014, while the third edition, Confessions of a Former Wall Street Whiz Kid, was issued in October 2015. The fourth edition of the book was later released in April 2019, and the fifth edition was issued in May 2021.The fifth edition of the book is currently available on Amazon.com, but you can also read the book for free online. Read the book online.Grandich was the editor and publisher of The Grandich Letter from 1984 to 2014. He was also Senior Commentator for Moneytalks.net from 2013 to 2015.In 2013, Grandich founded the Athletes & Business Alliance (ABA), a private organization of professional athletes and business executives who exchange ideas and build relationships with an emphasis on capitalizing on the talents of all involved. A symbiotic organization, ABA is a network of accomplished individuals in an environment where one can develop personal associations with a structured and supportive system of giving and receiving business. The ABA boasts a select membership of diverse senior-level executives, high net worth business owners, and both active and retired pro athletes. By invitation only, high-level corporate and business decision-makers and prominent athletes intermingle. To achieve success, businesses must utilize effective marketing tools, secure new customers to generate repeat business and provide superior customer service that engenders loyalty. The ABA provides an environment to do this and more.Peter Grandich currently resides in New Jersey with his wife, Mary, and they have one daughter, Tara.Peter Grandich - Website - https://petergrandich.com/X - https://twitter.com/PeterGrandichYouTube - @Peter-Grandich Blog - https://petergrandich.com/blog-posts/WTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas

The first Federal Reserve meeting under Chair Kevin Warsh and markets react negatively as yields surge and stocks fall. David Zervos, Chief Market Strategist at Jefferies, explains how investors should interpret the Fed's message and where markets could head next. Warren Pies of 3Fourteen Research argues that bull markets do not die of old age and explains why he remains overweight equities. Michelle Meyer, Chief Economist at Mastercard, discusses how higher energy costs are affecting spending patterns and why consumers continue to adapt despite pressure on discretionary budgets. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Jim Lebenthal, Chief Market Strategist at Cerity Partners, joins Travis to share lessons from more than 25 years of managing investment portfolios and advising clients through every type of market environment. A former U.S. Navy submarine officer and regular CNBC contributor, Jim brings a unique perspective on investing, discipline, risk management, and human behavior. Drawing from his new book, How to Ride the Subway, he explains why successful investing often comes down to patience, trust, and resisting the urge to outsmart the market. On this episode we talk about: How Jim's early experiences investing shaped his career in wealth management Lessons learned from serving as a nuclear submarine officer in the U.S. Navy Why trust, empathy, and communication are essential in financial advising The dangers of market timing, day trading, and speculative investing Current market conditions, inflation concerns, and the future of major AI-driven IPOs Top 3 Takeaways Long-term investing consistently outperforms attempts to time the market, and missing just a handful of the market's best days can dramatically reduce returns. Successful financial advisors build trust through empathy, honesty, and consistent communication—not just investment performance. Speculation and gambling often masquerade as investing, but true wealth creation comes from patience, discipline, and owning quality assets over time. Notable Quotes "Trust is the currency of the financial advisory world." "The best days in the market almost always happen right next to the worst days." "Trading rapidly is a good way to lose money." Connect with Jim Lebenthal: Book: How to Ride the Subway: Getting Around on Wall Street and in Life CNBC: Regular contributor on CNBC's Halftime Report Company: Cerity Partners LinkedIN: https://www.linkedin.com/in/james-lebenthal-2793685/ A Word from Our Sponsors: Today's episode is brought to you by our incredible sponsors. Their support allows us to continue bringing you conversations with top investors, entrepreneurs, and thought leaders. Be sure to check out the links below and support the brands that help make the Travis Makes Money Podcast possible. - Are you ready to start your own creatorjourney and make it big? Visitwww.fanvue.com today and launch yourcareer! - To learn more about Mode Mobile and its investor community, go to https://invest.modemobile.com/travismakesmoney -Travis Makes Money is made possible by High Level – the All-In-One Sales & Marketing Platform built for agencies, by an agency.Capture leads, nurture them, and close more deals—all from one powerful platform.Get an extended free trial at gohighlevel.com/travis Learn more about your ad choices. Visit megaphone.fm/adchoices

The Inside Economics team welcomes Jim Lebenthal, Chief Market Strategist at Cerity Partners, to discuss all things investing on the morning of the SpaceX IPO. Jim discusses the equity market's extraordinary run, whether AI stocks are overvalued, and how investors should think about picking individual stocks versus investing in index funds. The team also welcomes Matt Colyar to talk about this week's inflation data, and Marisa addresses a slew of comments from last week's podcast.  Guest: Jim Lebenthal, Chief Market Strategist at Cerity Partners For more from Jim Lebenthal, visit his website: www.jimmylebenthal.com Jim's book, How to Ride the Subway: Getting Around on Wall Street and in Life (Regalo Press March 2026), is available here Jenna Score: 8.5 Hosts: Mark Zandi – Chief Economist, Moody's Analytics, Cris deRitis – Deputy Chief Economist, Moody's Analytics, and Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody's Analytics Follow Mark Zandi on 'X' and BlueSky @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn   Questions or Comments, please email us at InsideEconomics@moodys.com. We would love to hear from you. To stay informed and follow the insights of Moody's Analytics economists, visit Economic View. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Jun 5, 2026 – After a record-breaking rally, Gina Martin Adams, Chief Market Strategist at HB Wealth, joins Jim Puplava to discuss what's driving equities, risks from oil and inflation, the impact of hyperscaler investments, and her sector picks...

Today, we're back on Wall Street and dining at Harry's, a trusted Wall Street institution for over 50 years. Joining us is Liz Thomas, Chief Market Strategist at SoFi. Her origin story starts in Wisconsin, but she's made a name for herself in New York as a trusted market and investment guru. Prior to joining SoFi, Liz was the Director of Market Strategy at BNY Mellon, a Portfolio Analyst at Baird, and a Research Analyst at BMO Global Asset Management. Timecodes 00:00 — “Edgy Broads” 00:21 — Welcome to Standing Table at Harry's on Wall Street 01:24 — Meet SoFi's Head of Investment Strategy, Liz Thomas 02:24 — From Wisconsin to Wall Street: Liz's Journey Begins 04:54 — The Mentor Who Changed Liz's Career Path 06:14 — Guy & Dan Tell the Early Fast Money Origin Story 09:35 — Liz Opens Up About Leaving Everything Behind for NYC 12:31 — Becoming a CNBC Personality & Inspiring Young Women 16:18 — Why Liz Took the Leap from BNY Mellon to SoFi 20:49 — Marriage, Motherhood & Being the Breadwinner 22:21 — Liz's Mission Supporting Women Through Grace Outreach 23:37 — Liz's Career Advice: Don't Wait to Be Noticed Standing Table is made possible through our continued partnership with Apex Fintech Solutions. Apex Fintech Solutions provides the tools and services that enable hundreds of clients to launch, scale, and support digital investing for tens of millions of end investors. The company provides essential infrastructure and a comprehensive ecosystem of cloud-based products to enable and streamline trading, wealth management, cost basis, tax reporting, and, through its subsidiary Apex Clearing™, custody and clearing. For more information, visit the Apex Fintech Solutions website: https://apexfintechsolutions.com/ LinkedIn: https://www.linkedin.com/company/apex-fintech/ —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media