Podcasts about CNBC

Ralph welcomes international human rights lawyer Craig Mokhiber to discuss the U.S. and Israel's illegal war on Iran. Then, Ralph speaks to investigative reporter David Cay Johnston about the finances of Donald Trump.Craig Mokhiber is an international human rights lawyer and activist, and a former senior United Nations human rights official. A human rights activist in the 1980s, he would go on to serve for more than three decades at the United Nations, with postings in Switzerland, Palestine, Afghanistan, and UN Headquarters in New York. In October of 2023, he left the United Nations, penning a widely read letter criticizing the UN's human rights failures in the Middle East, warning of unfolding genocide in Gaza, and calling for a new approach to Palestine and Israel based on international law, human rights, and equality.Anyone who pays attention knows that Iran wasn't attacked because it has nuclear weapons. It was attacked because it doesn't have nuclear weapons, and was therefore viewed by Israel and the U.S. as being a state that could be overcome militarily. But what really is, I think, most telling about this is the hypocrisy of the claims, because the only party in the region that has stockpiles of nuclear weapons (which are entirely undeclared and unsupervised) is the Israeli regime, not the Iranian. And the Israeli regime was joined in attacking Iran by another nuclear power—the United States.Craig MokhiberIsrael (which has attacked the United Nations throughout its entire life and declared that the United Nations is an anti-Semitic terror organization) fights like hell to stay in the United Nations, pays its dues every year to make sure that it stays in…and renews its treaty obligations as a member of the United Nations (that, of course, it violates with impunity). So it's very funny that Israel calls the UN an anti-Semitic terror organization, yet it insists on being a member and paying its dues to fund that so-called anti-Semitic terror organization.Craig MokhiberI don't think that putting Iran in an existential crisis is the best way to tell them you don't need nuclear weapons. I think stopping attacking them, their economy, their currency, their scientists, their political leaders, their military personnel, their civilians, their girls' schools—if you want a country to believe that it doesn't need to arm itself, this is not the way to go about it.Craig MokhiberDavid Cay Johnston is a Pulitzer Prize-winning investigative reporter, specialist in economics and tax issues, and a professor of practice teaching law, public policy, and journalism at Rochester Institute of Technology. He is the author of several books, including The Making of Donald Trump and It's Even Worse Than You Think: What The Trump Administration Is Doing To America. He is also the co-founder of DCReport, a nonprofit news service that reports what the President and Congress DO, not what they SAY.Convicting Donald Trump of tax fraud would be very easy. You establish these corporations [reporting major losses] don't exist. You establish that he took tax losses from these multiple corporations (in all, about 60 entries over the six years of tax returns). And there's no defense for that. It's flat-out fraud. It's blatant fraud. So Trump has gotten away with this because we don't seriously treat high-level tax fraud in this country.David Cay JohnstonNews 3/20/26* Our top story this week concerns a new study titled “Inequality, not regulation, drives America's housing affordability crisis.” As summarized in Hell Gate, this study demonstrates that the precipitous rise in rent prices are not primarily the result of insufficient housing supply or of vacancy rates. Moreover, contrary to the claims of the so-called Abundance movement, reducing regulations to spur new construction is unlikely to create significantly more housing. Even if it did, that would probably fail to bring down rents, because the real cause of the rental spike is “Steep national inequality.” So, what can be done to bring down rents? Maximilian Buchholz, the lead author of the study, puts it bluntly in this interview: “rent control, tenant protection policies like just cause eviction, and income supports for people toward the bottom.” Simply put, the best policies to lower rents are policies that lower rents. This has been demonstrated time and time again in different policy areas, yet on the whole, Democrats still seem to prefer byzantine policy formulae instead of straightforward policy solutions to the glaring issues facing the American people. * Speaking of rising costs, Washingtonian magazine is out with a new story on the Washington Post hiking prices for subscribers. Yet apparently not all subscribers are created equal. According to this story, these increases are accompanied by a simple yet insidious message: “This price was set by an algorithm using your personal data.” This is the latest deployment of what has become known as algorithmic – or “surveillance” – pricing. This piece notes other examples of surveillance pricing, ranging from the Princeton Review charging more for the same SAT tutoring package in areas with higher Asian populations (they called it the “tiger mom tax”) to Amazon charging local school districts vastly different prices for the same supplies. However, this new policy from the Post is especially brazen given the straits the paper has recently found itself in, declining by a million subscribers between 2021 and 2026 and hemorrhaging key reporters to a new rival paper sponsored by Robert Albritton, including Dana Milbank, Jeff Stein, Paul Kane and Paige Cunningham, among others, per the Hill.* In more media news, Variety reports that ratings for CBS Evening News are cratering, falling back to where executives at the news division behind the show “hoped never to return.” The nightly news program, anchored by Tony Dokoupil, has fallen below 4 million viewers; when the previous iteration of the program anchored by Maurice DuBois and John Dickerson fell to this nadir, Paramount Skydance pulled the plug. While this is perhaps just a symptom of the collapse of cable news, Variety notes that ABC's “World News Tonight,” averaged nearly 8 and a half million viewers and “NBC Nightly News” scored just over 6 and half million. Dokoupil did score a slight uptick in viewership when he took over the Evening News, but that seems to have been nothing more than a flash in the pan. This pathetic showing seems to confirm what seemed obvious all along: there is simply little audience for the editorial viewpoint espoused by CBS's new editor-in-chief, Bari Weiss.* The bad news for Bari doesn't end there, either. According to the Wrap, the new chief is locked in contentious negotiations with the unionized staff of CBS, specifically the 60-person unit behind the network's streaming service, “CBS News 24/7.” These workers staged a 24 hour walkout earlier this week. Their grievances include everything from new grueling 12-hour weekend shifts – despite no weekend-specific live programming – as well as CBS News' reported plans to lay off 15% of staff. CBS News already laid off roughly 100 people in October after Paramount merged with Skydance and many believe more layoffs will come if the merger with CNN, which is not unionized, goes through as part of the Paramount Warner Bros. deal.* In other news, a recent study reveals a fascinating disconnect between the self-description of Democrats and their policy preferences. The study, conducted on behalf of the New Republic by Embold Research, gave respondents five choices to describe their ideology: conservative, moderate, moderate-to-liberal, liberal, and progressive. Only 12% identified as moderate, but another 21% called themselves moderate-to-liberal. Yet, among this combined group, approximately 70% said Democrats are “too timid” on taxing the rich and corporations, and cracking down on corporate criminals. Fewer than 5% of moderates said Democrats are “too aggressive” on these issues. In a word, even the moderates among the Democratic base think the party should take a more strident economic populist line. This tracks with polling conducted during the Texas Democratic Senate primary which found that 47% of voters who identified as socialists also identified as moderates.* Our next several stories this week have to do with the intersection of foreign policy and energy. The AP reports that on Tuesday, Cuba reconnected its energy grid following a 29-hour long nationwide blackout. This story notes that this reconnection will only provide scant and temporary relief, because not enough power is being generated. The energy crisis in Cuba has gotten progressively worse since the beginning of the year, as the new government in Venezuela and the newly reinforced sanctions regime have both served to cut off the island from energy imports. That said, cracks in this blockade are beginning to form. Bloomberg reports that a “tanker carrying more than 700,000 barrels of Russian crude is expected to arrive in Cuba by the end of the month,” and Mexican President Claudia Sheinbaum has announced that her administration is “looking into different possibilities” to resume fuel shipments to Cuba as well. Sheinbaum stressed that Mexico is “sovereign” and able to “have trade agreements with any country in the world,” per the Latin Times. The U.S. government has already eased sanctions on Russian oil sales to India, but has now announced that they will not allow the Russians to send oil to Cuba, per Bloomberg. As the ship is already on its way, it is an open question of how far the U.S. will go to prevent Russia from sending lifesaving resources to the country that has held out against American pressure for so long.* Next, a stunning story in the Wall Street Journal documents how the Trump administration settled on their final course of action in Venezuela. According to this piece, the Central Intelligence Agency consulted former Chevron executive Ali Moshiri, described as the oil company's man in “Man in Venezuela—and a CIA Informant.” Apparently, Moshiri warned that if the U.S. government tried to oust the Chavista government of Nicolás Maduro and install María Corina Machado and her exile comrades in its place, the country would turn into “another quagmire like Iraq.” Moshiri specifically warned that Machado did not have the support of the country's security services or control of its oil infrastructure. For their part, Chevron issued a statement claiming that “between spring of 2025 and the removal of Maduro, Chevron did not authorize anyone working for, or on behalf of, the company to engage with the CIA related to Venezuela's leadership, including assessments of government officials or opposition leaders.” Moshiri, formally left Chevron in 2017 and ended his consulting relationship with the company in 2024. Unlike many other oil companies, Chevron maintained a presence in Venezuela over the years, positioning the company to benefit most from the new extraction political environment under the leadership of upjumped Vice President Delcy Rodríguez.* Meanwhile, a story from NOTUS highlights why this kind of outside advice is likely more heeded than ever in the halls of power: the publication reports that six months ago, the State Department under the leadership of Secretary Marco Rubio, fired its in-house oil and gas experts, including laying off staff who “would have been responsible for gaming out possible scenarios if the Strait of Hormuz was closed” and “staffers with close professional relationships at oil and gas companies in the Middle East and experts tasked with maintaining diplomatic contacts at foreign energy bureaus.” This is a final nail in the coffin for the misguided logic of Elon Musk's DOGE initiative and serves as a crystal clear example of why it is so dangerous to purge experts with significant institutional knowledge from the federal bureaucracy.* Another consequence of this lack of diplomatic expertise is the ultimate cost to the taxpayer – $200 billion in additional Pentagon funding, to be exact, per CNBC. Defense Secretary Pete Hegseth, defending the request in typically childish terms, said “It takes money to kill bad guys.” In similarly childish terms, President Trump, asked why the Pentagon is seeking so much money, said, “We're asking for a lot of reasons,” and while he told a reporter he would not send U.S. troops to the region, he added, “If I were, I certainly wouldn't tell you.” Beyond the flippant attitude towards the immense sums of taxpayer money they are requesting from Congress, to say nothing of the cost in American and Iranian lives, the American people would do well to remember how casually the political class treats $200 billion when it is to be spent on war instead of social programs. All this as gas prices spike, with price increases rippling out to all other consumer goods.* Finally, the BBC reports a Belgian court has ruled that a former diplomat, Etienne Davignon, can stand trial in connection with the 1961 killing of Congo's first prime minister, Patrice Lumumba. Davignon, 93, is the “only surviving member of the 10 Belgians accused in a criminal case brought by Lumumba's family in 2011.” At the time, Davignon was a diplomat in training. He would go on to become a vice-president of the European Commission. Lumumba meanwhile was ousted in a Belgian and U.S.-backed coup led by Mobutu Sese Seko, who would rule Congo (renamed Zaire) until 1997. In 1961, Lumumba was executed by a Belgian-backed Congolese firing squad and his body was dissolved in acid. Lumumba's grandson, Mehdi Lumumba, is quoted saying “We are all relieved…Belgium is finally confronting its history.” Many have remarked that while this has taken over 50 years, it sets a powerful precedent that justice can be found even after so many decades. Many of the war criminals that walk the Earth today are far younger than Mr. Davignon.This has been Francesco DeSantis, with In Case You Haven't Heard. Get full access to Ralph Nader Radio Hour at www.ralphnaderradiohour.com/subscribe

Markets are swinging. There's a war with Iran. Oil is spiking. And if your stomach has been dropping every time you look at your portfolio, Stephanie Link has something to say about that. Stephanie is Chief Investment Strategist and Portfolio Manager at Hightower Advisors, and a longtime CNBC contributor with more than 30 years of experience managing money through every kind of market cycle. She joined Jean Chatzky this week to cut through the noise and tell us exactly what she's doing with money right now. Stephanie shares her boldest market calls for the rest of 2026, including why she's bullish on Brazil and why its role in the AI power story is completely underappreciated, which sectors she's watching closely, and why the fear that AI is going to kill software companies is, in her words, overdone. In this episode, you'll learn: Why Stephanie says it's impossible to time the market, and what to do instead Her top three international markets right now The AI infrastructure food chain, and which industries stand to benefit most How much crypto she actually holds in her own portfolio The one book every new investor should read  Connect with Stephanie Link: LinkedIn: Stephanie Link X: @Stephanie_Link Hightower Advisors: hightoweradvisors.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Whiparound Fridays return as Andy and Brendan! record during the early window of NCAA Tournament Thursday. After a brief check-in on the Illini and Johnnies ahead of their first round games, attention turns to another tradition of spring: the reveal of the Masters Champions Dinner menu. Andy and Brendan share their thoughts about everyone else sharing *their* own thoughts on Rory McIlroy's selections, which seem to appeal to a wide audience. Dan Orlovsky was not pleased by the menu during an appearance on SportsCenter, giving PJ more fodder and another chance to remove him from the Cameron Young bandwagon. Andy and PJ trade reviews of the PGA Tour's "Hard Knocks" show, "Chasing Sunday," which premiered Tuesday night. Andy is thrilled to have a golf product made for golf fans about the actual playing of golf, but PJ isn't so sure that the "Hard Knocks" edit truly came through. As the Tour continues to make these shows, will players get a "bad edit," or will everything have a so-called "Disney ending"? Brendan and Andy then discuss some early Masters storylines with just three weeks until play in Augusta, including the strong crop of debutants at this year's tournament. Brendan has some first-hand accounting from the Hainan Classic in China where the first round lasted over five hours on Thursday. In other news, Phil is BACK for the HyFlyers (in dead last place), and Bryson DeChambeau had yet another press conference moment made for social media in South Africa. Lastly, Brian Rolapp spoke on CNBC about the changing media rights landscape for pro sports leagues and might've made it seem like the PGA Tour's deal will be going... down... when it's time to renegotiate. We'll see you on Monday after the Valspar and a weekend full of college basketball.

Dave Rubin of "The Rubin Report" talks about Dan Bongino exposing the truth about Former Director of the United States National Counterterrorism Center Joe Kent and his lies about the Iran War on Fox News' "The Ingraham Angle"; CNN's Harry Enten showing shocking polling numbers for Marco Rubio that may put him in the lead for the 2028 election; Zohran Mamdani shocking the press by making his St. Patrick's Day speech about the alleged genocide being committed against Palestinians by Israel; Kaitlin Bennett getting some interesting "man on the street" interviews when she asked people if they felt safer around MAGA Trump supporters or radical islamists; Chuck Schumer desperately trying to stop the SAVE Act by creating a conspiracy about Elon Musk to scare Democrat voters; a throwback to Elon Musk's brutal insult to Disney's Bob Iger in front of Andrew Ross Sorkin at CNBC's Dealbook Summit; and much more. WATCH the MEMBER-EXCLUSIVE segment of the show here: https://rubinreport.locals.com/ Check out the NEW RUBIN REPORT MERCH here: https://daverubin.store/ ---------- Today's Sponsors: Rumble Wallet - Don't let the big banks freeze your accounts. Own Tether Gold - real gold, on the blockchain and get direct ownership of physical gold bars, each one fully allocated, verifiable by serial number, purity, and weight. Download Rumble Wallet - now with USA₮ - and step away from the big banks — for good!  Go to: https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqblZsYkNFWXpaa1lmQW95X2drTllfTWx1alk3QXxBQ3Jtc0tsTXpaWnFJUWR1MkNnNi14aE5FVVp6ZlRLVmdWMnRINjN0T3g5b2FUX3VVT05sSUcyREpaR2dEN0dkNEptTjdITENNRUhxMjN2U29JMnRDczlrOGxoTDNZZ3EyaFpIUTRtTlNrdmxLZS10a1Y0VHhMOA&q=https%3A%2F%2Frumblewallet.onelink.me%2FbJsX%2Frubin&v=vllCZVQtfQA

We hear exclusively from French finance minister Roland Lescure who says his country would be willing to aid the U.S. in securing the Strait of Hormuz but would require the conflict to de-escalate first. UK Chancellor of the Exchequer Rachel Reeves has warned the nation faces the possibility of higher inflation and borrowing costs due to the Iran war but tells CNBC it is on a far stronger footing today to absorb the shocks due to her fiscal reforms. Tehran fires a barrage of missile attacks at Tel Aviv following the killing of Iran's senior-most security chief Ali Larijani. In the U.S., top counter-terrorism director Joe Kent resigns over the decision to go to war. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Setting boundaries can feel uncomfortable for many moms, especially when people-pleasing patterns are deeply ingrained. In this conversation, Melissa Urban, co-founder of Whole30 and author of The Book of Boundaries, breaks down why boundaries are essential for emotional health, strong relationships, and family wellbeing. We talk about unearned guilt, over-explaining, people pleasing, and how past experiences shape our ability to speak up. Melissa shares practical scripts, real life examples, and simple frameworks to help moms communicate clearly with partners, in laws, coworkers, and even their children. This episode will help you feel more confident expressing your needs, protecting your energy, and creating boundaries that allow everyone to thrive. Topics Covered In This Episode: Boundary setting without guilt Overcoming people-pleasing patterns Clear communication scripts for moms Boundaries with family and partners Building self-trust and confidence Show Notes: Check out Melissas website: melissau.com  Follow Melissa on ​Instagram: @melissau Watch Melissa's TikToks: tiktok.com/@melissa_u Follow Melissa on Twitter: twitter.com/melissa_urban Check out Melissa on Facebook: facebook.com/melissauauthor Click here to learn more about Dr. Elana Roumell's Doctor Mom Membership, a membership designed for moms who want to be their child's number one health advocate! Click here to learn more about Steph Greunke, RD's online nutrition program and community, Postpartum Reset, an intimate private community and online roadmap for any mama (or mama-to-be) who feels stuck, alone, and depleted and wants to learn how to thrive in motherhood. Listen to today's episode on our website Melissa Urban is the co-founder and CEO of Whole30 and an authority on helping people create lifelong healthy habits. She is a seven-time New York Times bestselling author, including the instant best-seller, The Book of Boundaries, debuting at #3. She has been featured by The New York Times, The Wall Street Journal, People, Forbes, Good Morning America, and CNBC; is the host of the Do the Thing podcast; and is a prominent keynote speaker on boundaries, building community, health trends, and entrepreneurship. She lives in Salt Lake City, UT. INTRODUCE YOURSELF to Steph and Dr. Elana on Instagram. They can't wait to meet you! @stephgreunke @drelanaroumell

Anthony Klotz is a professor of organizational behavior at the UCL School of Management in London. He is best known for predicting a global pandemic-related labor shift and dubbing it the Great Resignation. Anthony's new best-selling book, Jolted: Why We Quit, When to Stay, and Why It Matters, explores the pivotal moments, or "jolts," that trigger career changes, arguing that most people are just one event away from quitting their job. An award-winning teacher and a leading scholar on the psychology of work, Anthony has written for Harvard Business Review and The Wall Street Journal, and his research is regularly published in the leading academic journals in management. He has discussed the current and future state of work with media outlets, including NBC News, Bloomberg Businessweek, CNN, CNBC, Today, The New York Times, Financial Times, BBC, and NPR, and with executive teams at numerous Fortune 100 firms. Connect with Professor Anthony Klotz: LinkedIn: Anthony Klotz; UCL School of Management; London, England anthony.klotz@gmail.com

President Trump looks to postpone his China trip, saying his focus remains on the conflict in the Middle East. The U.S. leader also hits out at European allies after several reject his demand to help escort tankers through the Strait of Hormuz. And in markets, futures point to a day in the red on Wall Street, with Trump again calling on the Fed to cut rates ahead of its meeting starting today, after the Reserve Bank of Australia fires the starting gun on a week of central bank action by tightening policy.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Today's Headlines: Three weeks into the Iran "excursion" — Trump's word, not ours — and there's no end in sight. Trump claimed Iran asked for a ceasefire; Iran said that didn't happen. Either way, 5,000 more marines and three more warships are headed to the region, joining the 50,000 U.S. troops already there. Oil is stuck at $100 a barrel, every country Trump asked to help escort tankers through the Strait of Hormuz said no, and the U.S. bombed Iran's Kharg Island oil hub — which Trump said he might hit "a few more times just for fun," as one does. Iran fired a missile at an Italian base in Iraq's Kurdistan region, a drone killed a French soldier in the same area, and Emmanuel Macron had to call Tehran to say that's unacceptable. At home, a federal judge blocked the DOJ's attempt to criminally investigate Fed Chair Jerome Powell, ruling it was a pretext to pressure the Fed on interest rates — the Trump administration is appealing. The FCC chair threatened to pull local TV licenses over Iran war coverage he doesn't like, and Trump threatened media outlets on social media for the same reason. Neither has real teeth yet, but that's sort of the point. Meanwhile, a viral six-hour deposition of two former DOGE employees revealed they used ChatGPT to identify 1,400 grants to cut — including ones for Black civil rights documentaries and Holocaust research — with zero government or academic experience between them. The Wall Street Journal reported that the Trump administration will collect a $10 billion fee from the TikTok deal — on an app valued at roughly $14 billion total. Palantir's CEO went on CNBC to brag that his AI will shift economic power away from educated women who vote Democratic. Kash Patel announced the FBI will now train with UFC fighters. Marco Rubio is on the witness list in his close friend's federal trial for acting as an unregistered foreign agent of Venezuela. A Florida Democrat won the Boca Raton mayoral race by one vote, and the Republican loser said he'd "sleep on" whether to accept the results. And a UCLA study found that diverse film casts outperform at the box office — which landed the same weekend the Oscars completely snubbed Sinners. Resources/Articles mentioned in this episode: The Guardian: Middle East crisis live: Israel says it has launched ‘extensive strikes' on Iran as Trump says US ‘not ready' to make a deal to end war NYT: More Marines and Warships Being Sent to Middle East, U.S. Officials Say Reuters: Airstrike on Italian base in Iraq was deliberate, defence minister says Bloomberg: Oil Erases Gains as Traders Gauge Supply Impact of Kharg Attack CNBC: Iran sends millions of oil barrels to China through Strait of Hormuz even as war chokes the waterway The Sun: Russians ‘forced to use walkie-talkies and paper maps' after Putin's internet blackout as Kremlin intensifies crackdown CNN: FCC chair threatens TV networks amid Iran war coverage — but his warning rings hollow Politico: Court blocks probe of Fed Chair Jerome Powell, DOJ to appeal WSJ: Trump Administration Set to Receive $10 Billion Fee for Brokering TikTok Deal The New Republic: Palantir CEO Makes Shocking Confession on Disrupting Democratic Power 404 Media: I Watched 6 Hours of DOGE Bro Testimony. Here's What They Had to Say For Themselves Deadline: Kash Patel Confirms UFC Fighters Will Train FBI Agents: "Historic Opportunity" Vanity Fair: Marco Rubio's Florida Bestie Is an Accused ‘Foreign Agent' Set to Go on Trial— With Rubio On the Witness List Palm Beach Post: Recount makes Andy Thomson new Boca mayor. Liebelson may fight result Variety: Audiences Prefer Films With Diverse Casts, UCLA Study Finds Subscribe to the Betches News Room and join the Morning Announcements group chat. Go to: ⁠⁠⁠betchesnews.substack.com Morning Announcements is produced by Sami Sage and edited by Grace Hernandez-Johnson Learn more about your ad choices. Visit megaphone.fm/adchoices

Starting the third week of the war in the Middle East, Morgan Stanley's chief of U.S. equity strategy Mike Wilson discusses the energy and broader markets and considers the likelihood of a recession in the short term. On the ground in Dubai, CNBC's Dan Murphy reports on Iran's strikes on the UAE's critical energy infrastructure and transportation hub. The Strait of Hormuz is pivotal to the conflict; President Trump is reportedly planning a coalition of naval escorts through the channel key for the world's energy supply. Michelle Caruso-Cabrera offers her perspective on the oil markets, investor sentiment, and geopolitics. Plus, the U.S. and China are holding trade talks in Paris, and a federal judge has blocked subpoenas to the Federal Reserve in the criminal investigation of Jerome Powell.    Steve Liesman - 13:13 Mike Wilson - 19:12 Michelle Caruso-Cabrera - 27:48   In this episode: Dan Murphy, @dan_murphy Steve Liesman, @steveliesman Robert Frank, @robtfrank Michael Santoli, @michaelsantoli Becky Quick, @BeckyQuick Katie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Cramer says investors ‘have to buy' stocks as oil prices fall and private credit woes appear overblown. Become an Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks every day as they talk candidly about the market's biggest headlines, analyst calls and holdings in the Charitable Trust – and see up close how they decide when, and if, to take action on stocks. Sign up here: cnbc.com/morningtake CNBC Investing Club Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber discussed stocks up sharply and WTI Crude pulling back from $100/barrel — on hopes efforts to reopen the Strait of Hormuz will bear fruit despite the ongoing Iran war. The anchors reacted to what Treasury Secretary Bessent told CNBC about such efforts. Meta in the spotlight: Facebook's parent reportedly plans to lay off 20% of its workforce. Separately, Nebius surged on its $27 billion AI pact with Meta. Also in focus: Cramer at Nvidia GTC ahead of CEO Jensen Huang's Monday keynote, memory chips extend rally, private credit roundup, FCC Chairman Carr's license threat, Conan O'Brien calls out Netflix Co-CEO Ted Sarandos and zings Amazon at the Oscars.   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.

David Faber and the Investment Committee debate how to trade oil and the market as turmoil in the energy sector grows. CNBC's Brian Sullivan joins us with the latest comments from Treasury Secretary Scott Bessent. Plus, CNBC's Kristina Partsinevelos joins us to discuss the latest news out of San Jose, California, where Nvidia is set to kick off its annual GTC event. The Committee debate how to trade the company ahead of the Jensen Huang's keynote speech. And later, the desk debate retail investors abandoning private credit and what it means for the sector.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

President Trump calls on allies to help secure the Strait of Hormuz with exports through the vital oil chokepoint remaining effectively halted, while European foreign policy chief Kaja Kallas criticizes the U.S. government's decision to lift some energy sanctions on Russia. Oil prices tick higher as the disruption continues, with traders looking to navigate price volatility. Investors look ahead to a massive week of central bank action, as lenders across the globe grapple with fallout from the conflict in the Middle East. Unicredit launches a bid to raise its stake in Commerzbank above the 30% level but says it doesn't want to take control of the German lender.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Guy Adami is an American trader, television personality, and professional investor. He is one of the original “Fast Money Five” on CNBC's Fast Money.   These podcasts, posted here, are now all on a slight delay and are taken from my near-daily blog, Fringe Finance. As of right now I have no sponsors, so the best way to show support is just to listen/read or subscribe to my blog: http://quoththeraven.substack.com    You can also still contribute a one time or recurring donation to the podcast via Patreon: https://www.patreon.com/QTRResearch All podcast content is subject to this disclaimer, which you should read slowly, multiple times. Thank you all for your continued support over the years. I stand on the shoulders of the people who listen to and/or enjoy my content and I never lose sight of that. QTR's Disclaimer: Please read my full legal disclaimer on my About page here. This post represents my opinions only. In addition, please understand I am an idiot and often get things wrong and lose money. I may own or transact in any names mentioned in this piece at any time without warning. Contributor posts and aggregated posts have been hand selected by me, have not been fact checked and are the opinions of their authors. They are either submitted to QTR by their author, reprinted under a Creative Commons license with my best effort to uphold what the license asks, or with the permission of the author. This is not a recommendation to buy or sell any stocks or securities, just my opinions. I often lose money on positions I trade/invest in. I may add any name mentioned in this article and sell any name mentioned in this piece at any time, without further warning. None of this is a solicitation to buy or sell securities. I may or may not own names I write about and are watching. Sometimes I'm bullish without owning things, sometimes I'm bearish and do own things. Just assume my positions could be exactly the opposite of what you think they are just in case. If I'm long I could quickly be short and vice versa. I won't update my positions. All positions can change immediately as soon as I publish this, with or without notice and at any point I can be long, short or neutral on any position. You are on your own. Do not make decisions based on my blog or what my guests say. Nothing is fact checked. I exist on the fringe. Assume any and all numbers in this piece are wrong and make sure you check them yourself. The publisher does not guarantee the accuracy or completeness of the information provided in this page. These are not the opinions of any of my employers, partners, or associates. I did my best to be honest about my disclosures but can't guarantee I am right; I write these posts after a couple beers sometimes. I edit after my posts are published because I'm impatient and lazy, so if you see a typo, check back in a half hour. Also, I just straight up get shit wrong a lot. I mention it twice because it's that important.

Oil’s Big move – one for the record books. Markets in a slight panic – not too worse for ware. Inflation numbers are out – but does anyone care? And our special guest is Thomas Peterffy – Chairman and Founder of Interactive Brokers. NEW! DOWNLOAD THIS EPISODE'S AI GENERATED SHOW NOTES (Guest Segment) Thomas Peterffy is the Chairman and Founder of Interactive Brokers Group, Inc. a global electronic brokerage firm. He has been at the forefront of applying computer technology to automate trading and brokerage processes since soon after he emigrated from Hungary to the United States in 1965. In 1977, Peterffy started his own business with $200,000 savings, writing programs and building systems to value and trade stocks and options, as a market-maker on the American Stock Exchange. He was the first to build mathematical models to calculate and disseminate continuous bid and offer quotations and to develop a tablet computer for use by his employees trading on exchange floors. By the late 80s, Peterffy developed a fully integrated, automated market-making system for stocks, options, and futures, that grew into a digital network encompassing most of the world's exchanges. Starting in 1993, brokerage interfaces and customers were added to this network that continues to expand in products and customers all over the world. Today, Interactive Brokers is one of the largest publicly traded electronic brokers with a market capitalization of over $100 billion. The firm provides direct access to trade executions, clearing, and custodial services for a wide variety of products, including stocks, options, futures, forex, bonds, CFDs, and funds on over 170 markets and in up to 29 currencies around the world. Check this out and find out more at: http://www.interactivebrokers.com/ Follow @andrewhorowitz Looking for style diversification? More information on the TDI Managed Growth Strategy – HERE Stocks mentioned in this episode: (OIL), (GLD), (SPY), (QQQ)

In Part 2 of The Norris Group Real Estate Podcast, host Joey Romero continues the conversation with Keystone CPA managing partners Amanda Han and Matt MacFarland.They break down powerful tax strategies for real estate investors, explaining why tax planning should be a forward-looking strategy rather than just filing returns. The discussion explores how investors can use deductions, entity structuring, cost segregation, and evolving tax strategies as they scale their portfolios.The guests also discuss the growing role of artificial intelligence in tax research, emphasizing that while AI can assist with research and preparation, investors still need professional expertise to verify information and build personalized strategies. Through real-world success stories, they illustrate how strategic tax planning can dramatically reduce tax liabilities—even for clients with large windfalls or extensive real estate portfolios.Amanda Han and Matthew MacFarland are CPAs and Managing Directors with more than two decades of experience in tax planning and advisory for real estate investors and high-net-worth individuals. Amanda, a UNLV graduate and seasoned real estate investor, is the author of several bestselling tax strategy books and has shared her expertise on platforms including Money Magazine, Google Talks, and CNBC. Matt, who earned his accounting degree from UCLA and a Master's in Taxation from USC, is the author of The Book on Advanced Tax Strategies for Real Estate Investors and a frequent speaker on real estate tax planning. Together, they help investors build wealth through proactive and strategic tax planning.In This EpisodeWhy tax planning should start before the tax year begins, not when filing returnsHow real estate investors can maximize deductions and overlooked expensesThe right time to consider cost segregation and entity restructuringHow AI tools are changing tax research—and why investors still need expert CPAsStrategies investors can use to scale portfolios while minimizing taxesReal stories of clients paying little to no taxes through strategic planningAdvice on teaching financial literacy and investing to childrenThe mission behind Animals for Armed Forces FoundationThe Norris Group originates and services loans in California and Florida under California DRE License 01219911, Florida Mortgage Lender License 1577, and NMLS License 1623669.  For more information on hard money lending, go www.thenorrisgroup.com and click the Hard Money tab.Video LinkRadio Show

Rivian has spent four years and billions of dollars building electric vehicles that most people cannot afford. The R2 — a mid-size SUV that starts at $45,000 and tops out at $57,990 — is the company's answer to that problem. Full pricing and trim details dropped today, 12 March 2026, and deliveries of the first Performance variant begin this spring. If it works, Rivian becomes a proper carmaker. If it does not, the maths gets ugly fast.From Concept to ConcreteThe R2 platform was first announced in 2022, with production originally pencilled in for 2025 at a planned factory in Georgia. That changed in March 2024, when RJ Scaringe, Rivian's founder and chief executive, unveiled the production-ready R2 alongside the smaller R3 and R3X crossovers at a packed event at the Rivian Theater in Laguna Beach, California. Mr Scaringe also confirmed he was scrapping the Georgia plan — at least for now — and would build the R2 at the existing Normal, Illinois plant instead. That decision saved more than $2.25 billion in capital expenditure and, crucially, pulled the launch date forward.Within 24 hours of its unveiling, Rivian had taken more than 68,000 reservations at $100 apiece. By July 2024, the company's VP of manufacturing Tim Fallon said reservations had surpassed 100,000 and were still climbing. Rivian has not updated that figure publicly since.Production began in January 2026. Validation vehicles rolled off the Normal line first, and the factory is now ramping toward a target capacity of 155,000 R2 units per year — alongside the R1 models it already builds there. Each R2 takes roughly 15 hours to assemble, down from 18 hours for an R1.Why the R2 Matters More Than Any Vehicle Rivian Has BuiltThe R1T pickup and R1S SUV earned Rivian a devoted following and the top spot in Consumer Reports owner satisfaction surveys. They also bled money. Rivian posted a net loss of $3.65 billion in 2025, on top of a $4.75 billion loss in 2024. The R1S starts near $75,000 (around £59,000) — a price that limits the addressable market to a sliver of American buyers."R2 is really instrumental for driving the business to positive cash flow and overall profitability," Mr Scaringe told CNBC in February. He was not exaggerating. The bill of materials for the R2 is roughly half that of the R1. Rivian slashed the number of computing units from over 60 in a traditional vehicle to seven, and cut wiring length by about two miles (3.2 km). The result is what Mr Scaringe called "a dramatic reduction in the cost structure to build it."Rivian did scrape together a positive gross profit in the fourth quarter of 2025 — a milestone, though the margin was wafer-thin at around 2%, compared with Tesla's 17%. The R2, with its leaner architecture and lower price, is meant to close that gap at volume. Analysts expect around 15,000 R2 deliveries in 2026, though some believe Rivian could exceed that figure. By 2027, with three full shifts running, the Normal plant could produce roughly 155,000 R2s annually.Today's Pricing: What You GetThe lineup spans four trims, all sharing an 87.9 kWh usable battery and a $1,495 destination charge. Here is how they break down:The Performance trim arrives first, this spring, at $57,990 (around £46,000) including the Launch Package. It runs dual-motor all-wheel drive with 656 horsepower, 609 lb-ft (826 Nm) of torque and a 0–60 mph (0–97 km/h) time of 3.6 seconds. Highway overtaking is savage: 50–70 mph (80–113 km/h) in 1.55 seconds. EPA-estimated range sits at up to 330 miles (531 km). The Launch Package bundles lifetime Autonomy+ access, a tow package rated at 4,400 lbs (1,996 kg) and an exclusive Launch Green paint option.The Premium trim follows in late 2026 at $53,990 (around £43,000). It shares the 330-mile range and dual-motor AWD layout but dials the power back to 450 hp and 537 lb-ft. Zero to 60 takes 4.6 seconds — hardly slow.The Standard RWD Long Range arrives in the first half of 2027 at $48,490 (around £38,500). A single rear motor delivers 350 hp and 355 lb-ft, reaching 60 in 5.9 seconds. Rivian estimates range at up to 345 miles (555 km) — the longest in the lineup, because rear-wheel drive is more efficient.Finally, the Standard RWD variant lands in late 2027 at approximately $45,000 (around £35,700). It uses a smaller battery pack and offers 275+ miles (443+ km) of estimated range. Rivian has shared few other details so far.All trims charge from 10% to 80% in 29 minutes via a native NACS port, which grants access to the Tesla Supercharger network. CCS adapters are supported too.Built Lighter, Built TougherThe R2 rides on an entirely new mid-size unibody platform — a departure from the R1's body-on-frame architecture. The result is a vehicle that weighs nearly 2,000 lbs (907 kg) less than its bigger sibling while sitting on a 115.6-inch (2,936 mm) wheelbase. At 185.9 inches (4,722 mm) long and 75 inches (1,905 mm) wide, it is squarely in Tesla Model Y territory.The weight savings translate directly into agility, but Rivian has kept the off-road DNA intact. Ground clearance of 9.6 inches (244 mm) is best in class — nearly three inches more than a Model Y. Approach and departure angles of 25° and 26° respectively, plus a wading depth of 19.7 inches (500 mm), mean the R2 can do more than look adventurous in a car park. The Performance trim gets semi-active suspension, eight drive modes including Rally and Soft Sand, and a low centre of gravity courtesy of the structural battery pack.Inside, the cabin seats five adults with 40.4 inches (1,026 mm) of rear legroom and headroom — enough, Rivian says, for occupants over six feet (1.83 m) tall. Total enclosed storage is 90.1 cubic feet (2,551 litres), with a front trunk that swallows a carry-on suitcase and a backpack, fold-flat rear seats that create a level loading surface, and dual gloveboxes. The rear drop glass — a powered window that lowers completely into the liftgate — is a genuine talking point, allowing surfboards and other long cargo to slide in or a breeze to sweep through. It is included on Performance and Premium trims.Materials lean sustainable: upcycled Birch wood accents, a headliner made from recycled ocean plastics and Rivian's second-generation Adventex material, which is designed to withstand muddy boots and wet dogs in equal measure.The Technology PlayRivian calls the R2 a "software-defined vehicle," and the specification sheet backs that up. The perception stack comprises 11 HDR cameras with a combined 65 megapixels and a five-radar system — hardware that comes standard on every trim.Rivian Autonomy+, the company's Level 2+ hands-free driver-assist system, covers 3.5 million miles (5.6 million km) of roads across the United States and Canada. It costs $49.99 per month or $2,500 as a one-off purchase. The Launch Package includes it for the lifetime of the vehicle. Every R2 gets a 60-day trial.On-board AI compute runs to 200 TOPS, dedicated to the in-cabin experience. This powers the forthcoming Rivian Assistant — a voice-controlled system that processes complex requests locally, even when offline. The 5G-connected architecture ensures updates arrive over the air, while the offline capability means the vehicle is not hobbled in areas without signal.At the steering wheel, Rivian's in-house Haptic Halo dials replace conventional switchgear. These context-aware controls scroll, push, pull and tilt with distinct tactile feedback for different functions — an attempt to bridge the gap between touchscreen convenience and physical control that many rivals have abandoned entirely. Two digital displays complete the cockpit: one behind the wheel for driving data, and one in the centre for everything else.The Elephant in the Room: TeslaThe R2 lands in the most contested segment of the electric vehicle market. The Tesla Model Y — the best-selling EV on the planet and briefly the best-selling car of any kind in 2023 — starts at $44,000 in the United States and delivers up to 357 miles (575 km) of range. It has a vast Supercharger network, a mature software ecosystem and years of manufacturing refinement behind it.The R2 fights back with 3 inches (7.6 cm) more ground clearance, genuine off-road hardware, a richer interior (Model Y's cabin has always divided opinion) and that distinctive outdoor-adventure identity that Rivian has cultivated since its founding. Whether that is enough to prise buyers away from Tesla — or from the Hyundai Ioniq 5, the Ford Mustang Mach-E and the Chevrolet Equinox EV — remains the central question.Why Failure Is Not an OptionRivian burned roughly $3 billion in the first nine months of 2025 alone. It ended 2024 with about $5.3 billion in cash, a figure being steadily eroded by capital expenditure and operating losses. The Volkswagen joint venture — worth up to $5.8 billion in total — provides a lifeline, as does the potential for Department of Energy loan access. But lifelines do not last for ever.The company's stock tells its own story. Rivian went public in November 2021 at $78 a share, briefly touched $170 and now trades around $15. A 90% decline from the peak concentrates the mind wonderfully.The R2 must do three things at once: attract a materially larger customer base than the R1 ever could, generate a positive gross margin per vehicle and ramp to volumes that spread fixed costs across enough units to bend the loss curve downward. At a planned capacity of 155,000 units per year from Normal alone — with a second factory in Georgia eventually to follow — Rivian has the industrial ambition. The Volkswagen partnership supplies software licensing revenue and engineering credibility.Mr Scaringe has described the R2 as "the most important thing that we've developed as a company." On the evidence of today's specification sheet, it is also the most complete. The range is competitive, the technology is ambitious, the price is within reach of mainstream buyers and the off-road capability gives it a personality that few electric SUVs can match.None of which will matter if Rivian cannot build it at scale, on time and at a cost that leaves room for profit. The company that once dazzled Wall Street with a $170 share price now needs to dazzle customers with a $45,000 truck. That is the harder trick — and the one on which everything depends.

Trade tensions between the U.S. and China are rising ahead of a high-stakes summit in Beijing now less than three weeks away. U.S. Trade Representative Jamieson Greer discusses the administration's new trade investigations, the state of relations with China, the impact of the Iran war, and President Trump's tariff agenda. Then, with TSA workers set to miss their first paycheck of the shutdown, former DHS Secretary Jeh Johnson explains what the Senate's funding fight could mean for airport staffing and air travel. Plus, CNBC's Robert Frank on Democrats' plan to raise taxes on the rich, and CNBC's Dan Murphy on the drone strike that hit Dubai's financial district Friday morning.   Jamieson Greer -13:18 Robert Frank - 24:13 Jeh Johnson - 30:24   In this episode: Robert Frank, @robtfrank Jamieson Greer, @jamiesongreer Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Zach Vallese, @ZachVallese Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Cramer says this is an ‘exquisite' moment to buy stocks. Become an Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks every day as they talk candidly about the market's biggest headlines, analyst calls and holdings in the Charitable Trust – and see up close how they decide when, and if, to take action on stocks. Sign up here: cnbc.com/morningtake   CNBC Investing Club Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Story of the Week (DR):WarSaudi Aramco CEO issues stark warning: Iran war could bring ‘catastrophic' shock to global oilPrediction markets face questions on Iran war bets, from regime change to nuclear detonationThe Maduro Capture (Jan 2026): Just hours before the U.S. captured Venezuelan President Nicolás Maduro, a new Polymarket account wagered $30,000 on his removalIsraeli Military Indictments (Feb 2026): At least two individuals in the Israeli defense forces were reportedly indicted for using classified intelligence to place winning bets on the specific dates of military strikes in IranNational Security Risk: A recent report by Responsible Statecraft warns that officials with the power to influence military timing could alter operations to maximize their payout The Atlantic Council recently warned that foreign adversaries can "weaponize the odds" by dumping money into a thinly traded market to create a false narrative that a country is about to collapse, potentially triggering a real-world panic or bank run.Kalshi (private)1/13/25: Kalshi names Donald Trump Jr. as strategic advisorPolymarket (college dropout Shayne Coplan)8/26/25: Kalshi Advisor Donald Trump Jr. Joins Rival Polymarket BoardTrump Jr.'s 1789 Capital is making an eight-figure investment in the controversial prediction-market company.AI JobsAnthropic just mapped out which jobs AI could potentially replace. A ‘Great Recession for white-collar workers' is absolutely possibleThe most AI-exposed group is 16 percentage points more likely to be female, earns 47% more on average, and is nearly four times as likely to hold a graduate degree compared to the least exposed group.Sam Altman admits AI is killing the labor-capital balance—and says nobody knows what to do about itOracle expected to slash thousands of jobs as massive AI spending creates financial cash crisisLayoffs are feeling awfully tempting for a lot of companies right nowCEOs are using one number in the AI age to decide how many people they still needRevenue per employeePatreon's CEO says AI will be a 'bloodbath for the world's creative people' unless tech companies pay upAtlassian slashes 10% of workforce to 'self-fund' investments in AI and enterprise salesThe unexpected 92,000 drop in payrolls is a clue we might be reading the AI jobs narrative all wrongWorker painAI Is Forcing Employees to Work Harder Than EverAI Job Loss Is Breaking the Psyche of Workers, Psychiatrist Warns‘AI brain fry' is real — and it's making workers more exhausted, not more productive, new study findsEconomist Dambisa Moyo says CEOs must play a role in sustaining the consumer class as AI eliminates jobsThis could only happen if we weren't controlled by the TechBro Dropout GangCII‘Not a goodbye…': What Adobe CEO Shantanu Narayen told employees after announcing decision to step downShantanu Narayen, CEO of Adobe for 18 years, will step down once a successor is appointed, while continuing as board chairman.Google Hands Sundar Pichai $692M Package Tied to AI BetsPackage uniquely ties executive pay to Waymo autonomous vehicle and Wing drone delivery venture performanceCompensation structure sets precedent for linking CEO pay to specific AI business unit success rather than overall company metricsSo now CEOs can either game their bonus by obsessively focusing on one thing or doom the rest of the company by obsessively focusing on one thing or bothAs You Sow Files Lawsuit Challenging Chubb's Refusal to Put Shareholder Proposal Addressing Climate-Driven Insurance Crisis on Company ProxyThe proposal asks shareholders to vote on whether Chubb should commission a report assessing whether pursuing subrogation claims against parties responsible for climate change could reduce losses, benefit shareholders, and help preserve affordable homeowners insurance.This lawsuit follows the SEC's decision to abandon its longstanding role as a neutral arbiter in the shareholder proposal process. In November 2025, the SEC announced that it would no longer review corporate no-action requests under Rule 14a-8, effectively forcing these matters into court—an expensive and lengthy process.Sen. Elizabeth Warren Slams SEC As 'Lap Dog For Trump's Billionaire Buddies' After It Dismisses Another Crypto Case"The SEC should not be a lap dog for Trump's billionaire buddies"Live Nation, Ticketmaster's Owner, Settles Antitrust Case With Justice DeptThat was fastLive Nation Entertainment board includes Trump administration bro Richard Grenell 2 of 12 are womenGrenell is somehow the president of the Kennedy Center for the Performing Arts despite no background in anything resembling “the Arts.”He replaced a woman, Deborah Rutter. The chair is President Trump. Of course. And the board now is down to only one woman: 2 years ago it was 60% female.Glass Lewis recommends voting against Starbucks director over ‘board-level E&S oversight'New York State Comptroller, New York City Comptroller, SOC Investment Group, Canadian responsible investment association SHARE, Merseyside Pension Fund, and Trillium oppose the re-election of lead independent director Jørgen Vig Knudstorp, as well as Beth Ford, chair of Starbucks' Nominating and Corporate Governance (NCG) committee.Ford was chair of the EPCI committee and now leads the NCG committee, which assumed some of the responsibilities of the EPCI when it was disbanded.In its benchmark policy proxy paper, Glass Lewis has recommended investors vote against Ford.Goodliest of the Week (MM/DR):DR:Uber rolls out women-only option in the USDR: CEOs of failed banks would have to surrender pay under bipartisan planSenate legislation would mandate “clawbacks” of executive pay, three years after the collapse of Silicon Valley Bank.MM: 24 states, Nintendo sue Trump over tariffs as refund fight growsCostco CEO Ron Vachris Pledges to Return Tariff Refunds to ShoppersMM: Andrew Yang says we should stop taxing workers — and start taxing AIAssholiest of the Week (MM):War on Women: part 1Alex KarpPalantir CEO Makes Shocking Confession on Disrupting Democratic PowerPalantir CEO Alex Karp thinks his AI technology will lessen the power of “highly educated, often female voters, who vote mostly Democrat” while increasing the power of working-class men.“This technology disrupts humanities-trained—largely Democratic—voters, and makes their economic power less. And increases the economic power of vocationally trained, working-class, often male, working-class voters,” Karp said in a CNBC interview Thursday. “And so these disruptions are gonna disrupt every aspect of our society. And to make this work, we have to come to an agreement of what it is we're going to do with the technology; how are we gonna explain to people who are likely gonna have less good, and less interesting jobs.”To Alexandra Schiff, ex WSJ reporter and daughter of Tom Wolfe, who wrote a semi adoring Silicon Valley book in 2017 holding Peter Thiel as a god (and now sits on this board with Thiel), and to Lauren Friedman Stat, who only seems to post Palantir sizzle reels and as best I can tell is married to a “David Stat” who is the name of a “Director” (not on the board?) of Palantir who is in a Form 4 for selling stock:What the fuck are you doing. Do you read what this dude says? Are you that cucked to the tech bro elite you can't stop and say, “Hey, Alex, maybe tone down the suggestion you're trying to stop female Democrats from voting?”War on Women: part 2Glass Lewis recommends voting against Starbucks director over ‘board-level E&S oversight'Because Starbucks disbanded the Environmental, Partner and Community Impact committee of the board - launched in 2023, dissolved in November 2025Committee launched after majority supported SHP to focus on labor issuesJorgen Knudstorp and Daniel Servitje, the OTHER committee members, somehow escape entirelyKnudstorp is the Lead independent director, Niccol is the CEO and chair of the board (yes, chair)But instead of targeting Niccol or even Knudstorp, Glass Lewis targeted the female chair of the committee… ONLYIf the CEO gets to be chair - doesn't the CEO have to take responsibility for board overall? If you have an LID, are they accountable?? Why would the chair of a committee be target without the chair of the board or LID? Can a committee chair dissolve their own committee??Cracker Barrel - the scapegoat was the person of color who had “diversity” in their job description, not the longest tenured director who was also chair of the board but was a white guy - and Glass Lewis suggested voting out the brown dudeWar on Women: part 3 speed roundDOGE, DEI, and climate changeBlack women were disproportionately impacted by DOGE cuts. A year later, they're rebuilding careers for themselves and each otherI Watched 6 Hours of DOGE Bro Testimony. Here's What They Had to Say For ThemselvesOver the course of a six hour long or so deposition, Justin Fox, a former investment banker turned DOGE bro, refused to define what he believes counts as DEI; admitted he used ChatGPT to scan government contracts for terms such as “Black” and “homosexual” but not “white” or “caucasian;” and said that one of the grants he helped slash was “not for the benefit of humankind” before walking that claim back.Why ‘bringing your whole self to work' is a trap, especially for womenFormer Goldman Sachs CEO says DEI programs are ‘counterproductive,' arguing ‘you're branding the people in that program'Climate change: Women face worst impacts as funding support falls shortIn 2025, a UN women report warned that under a worst-case climate scenario, up to 158.3 million more women and girls may live in extreme poverty globally as a result of climate change by 2050Headliniest of the WeekDR: Shell CEO's Pay Jumps 60% Despite Profit Drop and Fatal AccidentsDR: Jack Dorsey Defends Wearing “Love” Hat While Firing 4,000 Employees in Pivot to AI: "I wanted to approach the whole situation with love."MM: Ozempic mania has even Olive Garden and The Cheesecake Factory cutting back on portion sizesMM: Cracker Barrel sales, traffic continue to slump months after failed rebrandWho Won the Week?DR: National Museum of the American Indian and the coffee at CII, was actually pretty not grossMM: The Council for Institutional Investors Spring Conference, who got to witness Proxy Countdown livePredictionsDR: CII loses our phone numberMM: The women start the uprising now:

This week, we are excited to bring you a special edition of the podcast, a recording of a panel done by Lori Calvasina (Head of US Equity Strategy), Helima Croft (Head of Global Commodity & MENA Research), and Frances Donald (Chief Economist, Royal Bank of Canada) on March 10th, 2026, at the RBC Financials conference in NYC.The team discussed recent events in the Middle East and the implications for the US economy and stock market, and was moderated by Brian Sullivan of CNBC.

In this powerful episode, Loral talks with Dr. Phil Ovadia about heart disease prevention and the myths that keep so many people stuck in poor health. From his years as a heart surgeon to his own 100-pound weight loss, Dr. Phil explains why traditional advice about cholesterol, low-fat diets, and statins often misses the bigger picture.They unpack the real drivers behind heart disease prevention, including metabolic health, insulin resistance, and why so many patients end up on the operating table when better nutrition and lifestyle support could have changed the outcome.If you want a more empowering, life-changing conversation about heart disease prevention, food, health advocacy, and taking ownership of your future, this episode is a must-listen.Key Takeaways:Dr. Phil Ovadia's Journey to Heart Surgery (00:00)Personal Health Transformation and Insulin Resistance (03:14)Myth Busting: Cholesterol and Diet-Heart Hypothesis (05:04)Advocacy for Personal Health and New Food Pyramid (10:55)Insulin Resistance and Its Impact on Health (15:19)Introduction to Dr. Ovadia's New Book (21:47)Pre-Order Bonuses and Telemedicine Services (26:26)Meet Dr Philip OvadiaDr. Philip Ovadia is a board-certified Cardiac Surgeon and founder of Ovadia Heart Health. His mission is to optimize the public's metabolic health and help people stay off his operating table. As a heart surgeon who used to be morbidly obese, Dr. Ovadia has seen firsthand the failures of mainstream diets and medicine. He realized that what helped him lose over 100 pounds was the same solution that could have prevented most of the thousands of open heart surgeries he has performed—metabolic health.In Stay off My Operating Table: A Heart Surgeon's Metabolic Health Guide to Lose Weight, Prevent Disease, and Feel Your Best Every Day, Dr. Ovadia shares the complete metabolic health system to prevent disease.Dr. Ovadia grew up in New York and graduated from the accelerated Pre-Med/Med program at the Pennsylvania State University and Jefferson Medical College. This was followed by a residency in General Surgery at the University of Medicine and Dentistry at New Jersey and a Fellowship in Cardiothoracic Surgery at Tufts – New England Medical School.Pre-order Your Copy Of Stay Off My Operating TableOther Resources========================Ask a Question/Make a Request? Submit them and join me and my expert guests for weekly Q&As:http://askloral.com/ Free Gifts: https://askloral.com/podcast YouTube Learning Journal [Pre-Order]https://askloral.com/youtubejournal The Millionaire Intensivehttps://askloral.com/event Learn more about me, CEO of Integrated Wealth Systems:https://www.lorallangemeier.com/ Learn more about Integrated Wealth Systems:https://integratedwealthsystems.com/ Listen to the Real Money Talks Podcast:http://realmoneytalkspodcast.com/ Subscribe with one click to my YouTube channel:https://www.youtube.com/@LoralLangemeier Building wealth isn't hard! Book a strategy call with me for a customized session designed to get you on the path to financial freedom:https://integratedwealthsystems.com/gap-analysis-worksheet/ About Loral Langemeier========================Loral Langemeier is a money expert, sought-after speaker, entrepreneurial thought leader, and Five Time New York Times best-selling author who is on a relentless mission to change the conversation about money and empower people worldwide to become millionaires.Loral's straight talk electrifies audiences and inspires powerful action from live stages and television programs ranging from CNN, CNBC, The Street TV, Fox News Channel, Fox Business Channel-America's Nightly Scoreboard, The Dr. Phil Show and The View. She is a regular guest-host on The Circle in Australia and has been featured in articles in USA Today, The Wall Street Journal, The New York Times, Forbes Magazine and was the breakout star in the film The Secret.Social Media Links:Loral on Facebook: https://www.facebook.com/askloral/Loral on YouTube: https://www.youtube.com/user/lorallive/videosLoral on LinkedIn: https://www.linkedin.com/in/lorallangemeier/Affiliate Sign-Up: https://integratedwealthsystems.com/affiliatesFrom Loral: I believe in relationships based on trust.When we work together, I'll walk into our relationship thoroughly, maintain strong ties with you, even make hard decisions were necessary to support you.I'll seek to understand your needs and communicate with you thoroughly and quickly.When required, I'll give you what's needed, ask a lot of questions about what you need, and offer real solutions so that you can feel confident, good about yourself, and your process to get the results you want and deserve.I'll meet you where you are and take you where you want to go.-Loral========================Anything seen or heard here should not be viewed as an offer to buy or sell a security. Educational resources are provided for general information purposes only and should not be considered an individualized recommendation or advice. This is not an offering or the solicitation of an offer to purchase an interest in any investment vehicle. Any such offer or solicitation will only be made to qualified investors by means of an offering memorandum and only in those jurisdictions where permitted by law. The target returns set forth within all offerings may not be realized; actual results may differ materially from the stated goals. Prior to investing, investors must receive a prospectus, which contains important information regarding the investment objectives, risks, fees, and expenses of any funds and/or other investment opportunities. Past performance is no guarantee of future results. All investments involve risk, including the loss of principal invested.

From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored and reported by CNBC's Jessica Ettinger. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored and reported by CNBC's Jessica Ettinger. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored and reported by CNBC's Jessica Ettinger. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Oil settles about $100 per barrel for the first time since 2022 after Iran's new Supreme Leader Mojtaba Khamenei pledges to keep the Strait of Hormuz closed. U.S. Energy Secretary Chris Wright and Treasury Secretary Scott Bessent say the U.S. Navy will be helping to escort tankers out of the Gulf once military conditions are met. The U.S. government has sought to further ease prices by lifting sanctions on Russian oil already in transit. Russia's ambassador to the United Kingdom, Andrey Kelin, tells CNBC that Russia stands by Iran and that the U.S. and its allies are solely to blame for the Gulf crisis. Rate cut expectations are dampened as concerns over a prolonged conflict send the dollar and yields higher while equities fall into the red.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

More than 30 countries have agreed to release 400 million barrels of oil from strategic reserves as the war-driven supply shock sends crude above $100 a barrel. U.S. Energy Secretary Chris Wright discusses America's plan to release 172 million barrels from the Strategic Petroleum Reserve, the effort to stabilize oil prices, and whether the U.S. Navy could help escort tankers through the Strait of Hormuz. Then, CNBC's Dan Murphy reports on Iran's escalating attacks on shipping and energy infrastructure across the Gulf. And, Defense Department CTO Emil Michael takes aim at Anthropic's AI models over concerns about ideology in military supply chains. Plus, Elon Musk unveils the new Tesla-xAI project “Macrohard,” and CNBC's Eamon Javers reports on the Trump administration's next tariff steps.   Sec. Chris Wright - 15:39 Emil Michael - 33:28   In this episode: Sec. Chris Wright, @SecretaryWright Eamon Javers, @EamonJavers Andrew Ross Sorkin, @andrewrsorkin Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Katie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Cramer says the ramp up in cyberterrorism is good for this security stock. Become an Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks every day as they talk candidly about the market's biggest headlines, analyst calls and holdings in the Charitable Trust – and see up close how they decide when, and if, to take action on stocks. Sign up here: cnbc.com/morningtake CNBC Investing Club Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored and reported by CNBC's Jessica Ettinger. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored and reported by CNBC's Jessica Ettinger. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored and reported by CNBC's Jessica Ettinger. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Oil prices have pulled back from $100 a barrel following several attacks on merchant vessels in the Gulf. Two tankers have been reportedly attacked overnight in Iraqi waters. The IEA announces its largest strategic reserve release of 400m barrels but energy markets remain wary. President Trump and the IEA's Fatih Birol vow to keep oil flowing. The White House launches a probe into several key trading partners including the EU and China which, under section 301, permit tariffs to counter unfair commerce practices. And in autos news, BMW enjoys a Q4 earnings beat despite tariffs affecting its FY guidance. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Microsoft is backing Anthropic in its skirmish with the Trump Administration's Pentagon, arguing a temporary restraining order would avoid disrupting the military's use of AI. North Carolina Senator Thom Tillis maintains his blockade on voting for Fed chair nominee Kevin Warsh as long as there is a still a DOJ criminal investigation against current Chair Jerome Powell, and key traffic remains stalled in the Strait of Hormuz.  Then, entrepreneur, author and sometime politician Andrew Yang warns today's young people could struggle in a job market changed by the speedy rise of AI technology.  And CNBC's Robert Frank looks into what the wealthy are buying at auction – to stave off worries from volatile markets.    Sign up for CNBC's Inside Wealth newsletter: https://www.cnbc.com/newsletter/inside-wealth/   Andrew Yang     20:37 Robert Frank    34:04   In this episode: Andrew Yang, @AndrewYang Robert Frank, @robtfrank Andrew Ross Sorkin, @andrewrsorkin Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Katie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Cramer says this cybersecurity stock should be up ‘far more.' Become an Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks every day as they talk candidly about the market's biggest headlines, analyst calls and holdings in the Charitable Trust – and see up close how they decide when, and if, to take action on stocks. Sign up here: cnbc.com/morningtake   CNBC Investing Club Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

US President Donald Trump handed crypto companies a huge win last year when he signed a piece of legislation to regulate an important part of the digital currency world: stablecoins. But ever since then, Wall Street banks have been fighting to change parts of the law. The FT's digital markets correspondent Nikou Asgari explains what's provoked US banks and who might have the upper hand in this conflict.Clips from Bank of America, CBS News, CNBC, CNN, Forbes, Fox 5 Atlanta, JPMorgan Chase, The White HouseThe FT does not use generative AI to voice its podcasts.- - - - - - - - - - - - - - - - - - - - - - - - - - For further reading:The stablecoin war: Wall Street vs crypto over the future of moneyBitcoin and crypto stocks surge amid relief rally for risky assetsGlobal crypto assets hit $4tn as industry wins backing of US lawmakers- - - - - - - - - - - - - - - - - - - - - - - - - - Vote for us!Behind the Money has been nominated for an NYC Podcast Award in the Best Interview Podcast category. It's an Audience Choice award, which means we need your help to win. Vote for us here. We appreciate your support!- - - - - - - - - - - - - - - - - - - - - - - - - -Follow Nikou Asgari on X (@nikasgari), or on Bluesky (@nikasgari.bsky.social). Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.ft.com), or follow her on LinkedIn for updates about the show and more.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

In a recent CNBC interview, U.S. special envoy Steve Witkoff referred to Israel as a “one-bomb country,” a remark that sparked debate about Israel's unique security challenges. In this episode, Mark Regev and Ruthie Blum discuss what Witkoff meant and why Israel's situation differs from that of larger countries like the United States.Israel is currently confronting threats on multiple fronts, facing Iran and its proxies while also battling Hezbollah in Lebanon, all while defending its own population from missile attacks. The discussion explores how Israel conducts offensive operations abroad while protecting its home front.The episode also looks at what some see as mixed messaging from President Donald Trump and Prime Minister Benjamin Netanyahu about how and when the conflict might end, and Netanyahu's appeal to the Iranian people to challenge the current regime.What do these signals mean and what could they mean for the future of the region?

Send a textFinancial scams targeting older adults continue to rise - with billions of dollars lost each year. In this timely Ageless Glamour Girls™ Podcast encore, host Marqueeta Curtis-Haynes revisits her important conversation with identity theft expert Eva Velasquez of the Identity Theft Resource Center about the most common scams impacting women 50+ and how to protect your finances, identity, and peace of mind.From fake shopping sites and delivery-text hoaxes to romance scams, tech-support traps, and emotional “emergency” calls, this episode shares real warning signs, prevention strategies, and trusted resources for support. Because awareness is power - and protecting ourselves is part of aging boldly and wisely.You'll learn what to do immediately if something feels “off,” simple steps to safeguard your identity, and where to get free, confidential help if you've been targeted. CHEERS to Healthy Aging and Joyful Living, Luvvies!*********************ABOUT OUR GUEST:  Eva Velasquez is the President & CEO of the nonprofit Identity Theft Resource Center, which provides free support and guidance to identity crime victims and anyone seeking information on fraud, scams, or data breaches. With more than 30 years of experience in consumer protection, fraud prevention, and victim advocacy, Eva is one of the nation's most respected voices on identity crime. She has been featured on CBS Mornings, NBC Nightly News, The New York Times, Fortune, NPR, CNBC's American Greed, and numerous national outlets. Before joining the ITRC, Eva spent over two decades with the San Diego District Attorney's Office, where she led major initiatives supporting crime victims. She is the recipient of the U.S. Department of Justice National Crime Victim Service Award and the National Consumer League's Florence Kelley Leadership Award. Eva also serves on multiple advisory boards and regularly briefs federal agencies and policymakers on emerging scam trends and consumer risks.RESOURCES & LINKS  Free ITRC Support: www.idtheftcenter.orgMastercard “Anatomy of a Scam”: https://www.mastercard.com/us/en/news-and-trends/stories/2025/anatomy-of-a-scam-episode-one.html Support the showSupport Ageless Glamour Girls™: www.agelessglamourgirls.com www.linkedin.com/in/marqueetacurtishaynes https://www.shopltk.com/explore/AgelessGlamourGirls https://www.youtube.com/@agelessglamourgirls Instagram @agelessglamourgirls Facebook: https://www.facebook.com/agelessglamourgirls Private (AGG) FB Group: The Ageless Café: https://www.facebook.com/groups/theagelesscafe TikTok: @agelessglamourgirls Podcast Producers: Ageless Glamour Girls™ and Purple Tulip Media, LLC

Interview recorded - 10th of March, 2026On this episode of the WTFinance podcast I had the pleasure of welcoming back Rick Rule. Rick is the Former President & CEO of Sprott U.S. Holdings with decades of experience in the commodities business, proprietor of Rule Investment Media and Co-Founder of Battle Bank.During our conversation we spoke about the geopolitical situation, impact on oil and gas, how this could impact other commodities, Copper, precious metals, what is unloved and more. I hope you enjoy!0:00 - Introduction2:03 - Geopolitical situation7:40 - Oil stocks11:12 - Trimming high performing stocks13:06 - Copper17:45 - Precious metals23:11 - Miners24:18 - Silver speculation26:57 - Disconnect between physical and paper28:16 - What is unloved?29:20 - Cautious or optimistic?30:35 - One message to takeaway?Rick began his career 47 years ago in 1974 in the securities business and has been involved in it ever since. He is known for his expertise in many resource sectors, including agriculture, alternative energy, forestry, oil and gas, mining, and water. In 1990, Rick founded the business now known as Sprott US Holdings” merging in into Sprott Inc. ( SII) in 2011. He retired from Sprott Inc., in 2021, and resigned from the board of directors in 2023, but remains Sprott's largest shareholder. IMr. Rule is a sought-after speaker at industry conferences, and a frequent contributor to numerous media outlets including CNBC, Fox Business News and BNN. Mr. Rule is actively engaged in private placement markets, through originating and participating in hundreds of debt and equity transactions.Rick Rule - Twitter - https://twitter.com/RealRickRuleLinkedIn - https://www.linkedin.com/in/rick-rule-1058921a/Website - https://ruleinvestmentmedia.com/Seminar - https://opptravel.zohobackstage.com/TheRuleSymposiumonNaturalResourceInvesting2024#/?affl=WTFinanceWTFinance -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

From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored and reported by CNBC's Jessica Ettinger. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Wall Street witnessed a stunning recovery Monday after President Donald Trump indicated the U.S.-Iran war could be over soon. Trump told a CBS News reporter on Monday that “the war is very complete, pretty much” and later said during a press conference that the conflict would end “very soon.”  Sen. Ted Cruz weighs in on the potential duration of the conflict in Iran, and Armadin CEO Kevin Mandia describes the AI-enabled future of warfare, that is already here. Plus, CNBC's Steve Liesman on the tough road volatile energy prices make for the Federal Reserve and CNBC's Eamon Javers reports on Defense Secretary Hegseth's description of the latest strikes of Operation Epic Fury.   Eamon Javers  16:18 Sen. Ted Cruz   18:43 SteveLiesman 33:25 Kevin Mandia 39:19   In this episode: Eamon Javers, @eamonjavers Steve Liesman, @steveliesman  Ted Cruz, @SenTedCruz Andrew Ross Sorkin, @andrewrsorkin Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Katie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Cramer tells investors buying these two megacap tech stocks is ‘very right.' Become an Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks every day as they talk candidly about the market's biggest headlines, analyst calls and holdings in the Charitable Trust – and see up close how they decide when, and if, to take action on stocks. Sign up here: cnbc.com/morningtake   CNBC Investing Club Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

March 9 2026; 6pm; MS NOW's Ari Melber is joined by a panel of experts to discuss the latest developments in President Trump's war with Iran. Guests include former Under Secretary of State Rick Stengel, CNBC senior economics reporter Steve Liesman, and legendary Democratic strategist James Carville. To listen to this show and other MS podcasts without ads, sign up for MS NOW Premium on Apple Podcasts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Keith is joined by housing market intelligence authority Rick Sharga—a frequent guest on outlets like CNBC and Bloomberg who "quietly gets it right" rather than chasing clickbait crashes. Together, they dig into whether America really has a housing shortage and how that lines up with what you're seeing in prices and inventory.  They explore why entry-level homes are so constrained and what that means for both investors and homebuyers.  They also examine how mortgage rates, builder behavior, and demographic shifts could shape housing demand and investment opportunities over the next several years. Episode Page: GetRichEducation.com/596 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text  1-937-795-8989 to speak with a freedom coach Will you please leave a review for the show? I'd be grateful. Search "how to leave an Apple Podcasts review"  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— GREletter.com  Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Keith Weinhold  0:01   Keith, welcome to GRE I'm your host. Keith Weinhold, does America really have a housing shortage? And if so, how long will it last? Those answers and more, with an expert guest and I today on get rich education.   Speaker 1  0:19   Since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors and delivers a new show every week since 2014 there's been millions of listener downloads of 188 world nations. He has a list show guests include top selling personal finance author Robert Kiyosaki. Get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast, or visit get rich education.com   Keith Weinhold  1:03   the same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your prequel and even chat with President chailey Ridge personally while it's on your mind, start at Ridge lending group.com that's Ridge lending group.com   Speaker 2  1:36   You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold  1:46   Welcome to GRE from Nantucket, Massachusetts to Pawtucket, Rhode Island and across 188 nations worldwide. America's favorite shaved mammal on a microphone has got his slack jawed act back on track for another wealth building week with you. I'm Keith Weinhold. This is get rich education. I'm still not wearing a pair of knockers, and I've returned here to bring you more value than your HOA dues. It's kind of crazy that America First put a man on the moon, and we're the first nation to put a man on the moon in 1969 and yet today, we have trouble housing our own people here on Earth. Shortly, we're going deep on does America really have a housing shortage first? Sometimes real estate investors can learn lessons from the stock market about the future direction of housing prices and demand and just simply what assets people have demand for, how AI is disrupting some stock sectors. Has been rather germane lately. One CEO made this perfect example. It's about how two different stocks travel search engine Expedia and Delta Airlines, those two stocks were once closely tied together. Their share prices used to be correlated, but they've gone in separate directions. See, Expedia offers you a service that can be replicated by bots, but delta has actual planes that take you somewhere, and it's hard for AI to replace that. This is why there's been a recent push toward more tangible stocks and tangible assets, a divergence, an attraction to assets that give you a share of either a tangible good, or, in the case of something like an airline, a service that's directly tied to something tangible. And similarly, commodities like gold, silver and copper cannot be replaced by AI. Neither can real estate. There is a growing sense to own things that can't be disrupted, dematerialized and demonetized by AI, like so much software can. In fact, as overall stock market valuations are lofty. You know, some people have become rather wary of an AI speculative bubble that perceptive to this demand. Just a few weeks ago, Goldman Sachs introduced an everything but AI index, yeah, where you can invest in a basket of companies that are sheltered from Ai disruption, this everything but AI index that's attracting investors. In fact, there's another trend that interfaces with real estate that just launched recently too today, you can wager on future homes. Prices through the platform, poly market, yes, place bets for profit or loss on the future direction of the median home price. In fact, one recent college graduate joked, I was born too late to afford a house, and born just in time to gamble on people who can buy a house? Yeah, you're probably familiar with poly market by now. It's the prediction market that lets you speculate on things like elections and Fed rate decisions and various geopolitical events and other real world outcomes. Well, they have launched a set of real estate markets that allow users to bet on future home values. The way it works is that you can wager on future home values in New York, Los Angeles, Miami, San Francisco and Austin, Texas, as well as US national home values. So that's six different markets. Now I haven't gambled on Poly market, I had checked it at times to get an idea of where people really think markets are headed or what's going to happen next. Because, rather than major media, where sometimes as a hype machine, they create headlines that scare you in order to try to get clicks, well, instead of all that, regular people are placing their money on polymarket, and you can look at what that action is like, because that can be a more reliable harbinger of future price direction at last check with a national median home price of about 420k with the numbers, poly market is using one month from now, 66% of people think that home prices will rise. And it's more nuanced than that. You can bet on just what price range you believe home prices will fall into one month from now. And this is nothing that I recommend wagering on, but besides an interesting trend, yeah, you can get that idea of where real people actually believe markets are headed. As we're about to talk to national housing expert Rick sharga on whether or not we really have a housing shortage, we've got new data about the level of housing permits. Of course, housing permits are a gage of the level of future housing inventory, because after a permit is issued, it's typically six to 12 months until a single family home is built. But I'll share that with you near the end of the show, because it makes sense to cover this with you in chronological order. We'll discuss housing supply first, and then I'll tell you about the future supply direction based on housing permits. Now, you know from the inception of this show in 2014 I talked about the why of real estate investing before the how with anything in life, it's only when you truly know why you're doing something that you'll profoundly care about the how and you'll want to do it well. In fact, when I do an in person real estate presentation, one of the modules that I teach most often is simply called Why real estate. The biggest Why is not altruistic, although that matters, and that's part of it. But instead it's that real estate pays five ways. That's the biggest why any GRE devotee knows that the five ways are simultaneously paid, are appreciation, cash flow, ROA tax benefits, and not inflation hedging. But specifically inflation profiting. Yet I have found multi decade real estate investors that don't understand this, the most valuable hour that you can spend is knowing all the ways that you're paid and seeing and believing how your total rate of return of 20% 30% or even 40% is not far fetched or risky, but it's actually common and even estimated conservatively. If you're initiated on this, you already know, but if you aren't, it can sound a little hard to believe what I just said right there, I recently reshot the entire real estate pays five ways video course, and it's the most valuable hour of investing video content that you're likely ever to see. It's premium, masterclass level content. I'm just giving it away for free because people need to know this. And actually, on the newest shoot, I've condensed it down into just 40 minutes of content across the five videos, one instructional video for each of the five ways you're paid. The videos average eight minutes. So that's about 40 minutes total, and they build on. Each other. So at the end of each one, you get to see your cumulative rate of return. It just keeps adding up, and you know exactly where all of the numbers come from. That's why it's more conducive to video form than audio form. I know that many of you have seen it, but if not, it is foundational, and I cannot recommend it enough. It's free and available to you now. At get richeducation.com/course, get that now, while it's on your mind. At get rich education.com/course, more next, I'm Keith Weinhold, this is get rich education.   Keith Weinhold  10:39   Flock homes helps you retire from real estate and landlording, whether it's one problem property or your whole portfolio, through a 721 exchange, deferring your capital gains tax and depreciation recapture, it's a strategy long used by the ultra wealthy now Mom and Pop landlords can 721, the residential real estate request your initial valuation, see if your properties qualify@flockhomes.com slash GRE, that's F, l, O, C, K, homes.com/gre.   Keith Weinhold  11:16   You know, most people think they're playing it safe with their liquid money, but they're actually losing savings accounts and bonds don't keep up when true inflation eats six or 7% of your wealth. Every single year, I invest my liquidity with FFI freedom family investments in their flagship program. Why fixed 10 to 12% returns have been predictable and paid quarterly. There's real world security backed by needs based real estate like affordable housing, Senior Living and health care. Ask about the freedom flagship program. When you speak to a freedom coach there, and that's just one part of their family of products, they've got workshops, webinars and seminars designed to educate you before you invest. Start with as little as 25k and finally, get your money working as hard as you do. Get started at Freedom, family investments.com/gre, or send a text. Now it's 1-937-795-8989 Yep. Text their freedom coach directly. Again, 1-937-795-8989,   Kathy Fettke  12:27   this is the real wealth network's Kathy betke, and you are listening to the always valuable get rich education with Keith Weinhold. You   Keith Weinhold  12:46   Is America really short millions of homes? If so, that doesn't mean every market is undersupplied, and prices can only go up because of it. If there's a housing shortage, why are prices falling in some cities? So the shortage? Is that something that's real, or is it just misunderstood, and you're gonna learn what it means to you? I'm get rich education's Keith Weinhold along with an intelligence authority today that usually gets it right. In fact, I found an old clip of him on Bloomberg where he suggested home prices bottoming in 2011 and as it turns out, they sure did today, together, we're answering the question, does America really have a housing shortage? And my guest has often appeared in major media, CNBC, Fox NPR. He's the founder of the CJ Patrick company. Hey, welcome back to the show. Rick sharga,   Rick Sharga  13:39   good to see you again. Keith, thanks for inviting me.   Keith Weinhold  13:41   You know, it's funny. Four years ago, Rick and I found each other, and we sort of checked each other out. I found him to be an authority that just doesn't go on saying this bombastic and absurd stuff just to get attention. Instead, he quietly gets it right, and when he knew I had a real estate YouTube channel, similarly, I resonated, because I'm not one of these people that's constantly saying that housing prices are going to crash just to get views and then those crash. People never follow up when they're wrong, and they've been wrong for about 14 years now. But Rick, rather than prices, we're here to understand if there's really a housing shortage today, most agencies believe we have a shortage. Moody's will tell you 2 million. Zillow, four to 5 million. Congressional Republicans have gone on to say 20 million. I sure don't know about that. And then yet, Rick sometimes at the same time, you do see these conflicting stats, where it says that sellers outnumber buyers today, which sort of flies in the face of a housing shortage. So what is your take amidst all this?   Rick Sharga  14:46   Well, Keith, I think what we're seeing is a fairly obvious example that if you torture data enough, you can make it say anything in the right you wanted to say. And there is a lot of confusion about how much. A housing shortage we really do have. It's not like we have 20% of the population unable to find anywhere to live. Most people still prefer to live indoors, and they've been able to do so, but the fact of the matter is that all of the math suggests that we are underserved in terms of the number of housing units available across the country, and we can go through some of the math. The big question, of course, is, how many houses are we short? How many housing units are we short? And the reason the numbers are all over the place, and as you suggested, let's set aside the Republican estimate of 20 million, because there's, there's certainly something political going on there, but the estimates range from around a million to as high as five or 6 million. And the reality is all of those estimates are counting something different. Some are counting housing growth versus population growth. Some are counting vacancy rates compared to historic levels, some are counting inventory available for sale today versus inventory available to sale in prior years. So each of these organizations, and they're all pretty reliable organizations, Moody's is certainly good. Zillow's research team is top notch. Fannie Mae and Freddie Mac the National Association of Realtors. None of these people are hiring dime store economists. They're all good folks, but they're all measuring something slightly different, which is why these numbers come out all over the place, and the one of the fundamental challenges is trying to figure out housing shortages compared to what, or compared to when. All of these estimates assume that there was some point in history when we had exactly the right number of housing units to suit the needs of the population. So they start with some point in time, and I think if you did enough research, you find they all start at slightly different points in time, and then kind of work their way forward from that and come to very different conclusions, again, based on where they started and where they ended up, and what they count. The one thing I would push back on a little bit from some of your comments in the intro is that I am highly, highly skeptical, extraordinarily skeptical of the reports that talk about how many more sellers we have than buyers, because that makes some wild assumptions about the number of people that are actually interested in buying a house. And I've never seen any research methodology that's really nailed that number accurately. Because nobody knows if you're thinking about buying a house right now, until you go to an open house until you do a search on on Zillow, or realtor.com or homes.com until you actually are applying for a loan or making a deposit. So the notion of being able to mind read three 40 million Americans to figure out how many of them are interested in buying, I think, is a neat trick, but I do think it's at least in part one of those methods that people use to get a lot of clicks to their website   Keith Weinhold  18:05   right? This whole thing of and I think when we talk about sellers versus buyers, that's shorthand. What we really mean are, there are some stats out there that show that prospective sellers outnumber prospective buyers, in some cases, which, yeah, I think I agree with you there. I doubt that as well. And yeah, of course, I think you're getting on some of the nuance here. We're trying to predict how some people would behave. For example, how much pent up demand is there when we're talking about sellers versus buyers, and we're talking about a shortage, for example, say, the 28 year old living with their parents that could move out and afford to buy a home if mortgage rates hit 5% like for example, how do you count that? Or, how would you even know to   Rick Sharga  18:53   it's a valid point. Keith, and I think that fundamentally, is my question. With that particular report, you really can't count that person. We do have some metrics that we follow, and it's funny, you mentioned that 5% mortgage, because as we record this, mortgages have broken that 6% threshold for the first time in a number of years. And just about every kind of mortgage you could buy right now is below 6% so that's a good thing. And every time we've gotten close to that 6% mark. In recent years, since mortgage rates doubled back in 2022 we've seen a huge influx of people applying for purchase loans, for those mortgage loans to buy a house, those numbers are up somewhere between 13 and 15% year over year right now, and that's before we've really had these mortgage rates dip below 6% so to me, that suggests there really is pent up demand out there, and I judge that just based on what I see in terms of a number of people actively applying for a loan.   Keith Weinhold  19:54   Yeah, there's a lot of nuance here. HUD tells us that we have more. Homeless people than we've ever had in this nation. So that's sort of an extreme affordability problem. To your point earlier about how most people want to live indoors, and I'm sure not making light of homelessness. It's a sad situation, but we're always going to have homeless people regardless of whether we have excess housing or a housing shortage. We have about 146 million housing units in the United States. The census shows and suggests that 8 million of those 146 million are housing units where people have doubled up and are sharing space with non relatives. That's one way to think about the level of pent up demand within the shortage,   Rick Sharga  20:44   I don't know if that's a result of shortage necessarily, or if that's a result of having the weakest affordability for people looking to buy homes that we've had in over 40 years. The last time affordability was as bad was the 1980s and the reason affordability was bad back then was because mortgage rates were at 1819, 20% and it made it very difficult for people to afford homes. But we're coming out of a very unusual cycle, and this is a little bit off topic from our inventory question, but it's the only time in US history when two conditions have hit the housing market back to back, if you go back to covid, coming out of covid, we saw home prices go up nationally by over 50% in about 18 months. It was a huge, huge, unprecedented increase. Yeah, and right on the heels of that, as inflation started to get out of control, the Federal Reserve had to take pretty extreme measures to get that back down. So they started playing with the Fed funds rate, and we saw mortgage rates double in 2022 in the history of the country, according to Freddie Mac we've never seen mortgage rates double in a calendar year. And in 2022 They not only doubled in a calendar year, they doubled in the space of a few weeks. So we're coming out of a period where home prices went up by over 50% and then mortgage rates doubled, and it just crushed affordability. So the people that have been looking to buy a $400,000 house suddenly realized they could only afford a $200,000 house, and there were none of those around. It's really why home sales have gone down as rapidly as they had volume of sales. In 2021 we sold 6 million existing homes. In 2022 it dropped to 5 million. And for the last three years, we've been sitting at around about 4 million annual sales of existing homes. And again, that doesn't suggest a lack of inventory, a lack of homes, because there are fewer people buying, and there's more properties staying on the market longer. But the underlying numbers, the underlying metrics we would look at, are where we can start to kind of deduce that there aren't enough homes. For example, you mentioned that there are about 146 million housing units across the country. Most recent census data I have from the end of 2024 says it's about 140 748, 40 748 million. So it's up just slightly from your number. That represents a growth of about 6.7% in housing units between 2010 and 2024 during the same period of time, the population went from about 309 million to about 340 1 million, and that represents a growth rate of about 7.4% so if everything else stayed equal, your population grew at a faster rate than your housing units did. And that suggests that even if the number of housing units was ideal back in 2000 it's somewhere less than ideal by the time we got to the end of last year,    Keith Weinhold  23:42   we're talking with Rick sharga. He's the founder and owner of the housing market intelligence firm, the CJ Patrick company. We're answering the question, does America really have a housing shortage? We're getting a yes there. And before we're done, we're going to talk about, how long could the shortage persist? But Rick, you spoke to affordability, and I think that has a lot to do with the nuances within the shortage, and that brings up shortages within the luxury tier versus shortages in the entry tier. And the entry tier is really what a lot of our listeners and viewers are interested in, because we're used to buying those as rental properties. So can you tell us about that?   Rick Sharga  24:23   It's a great point, Keith. And what we've been talking about so far is kind of a structural shortage in the overall number of housing units that could be purchased, could be owner occupied, could be rented. And one of the culprits there, and I will answer your question, I promise, one of the culprits there is that builders simply haven't built that much. If you look at the long term average, like 2025 years, the average number of housing starts was somewhere between 1.3 and 1.4 million a year coming out of the Great Recession in 2010 so you look at that last 15 year period or so, 12. Of those years, they've started less homes than that long term average. So builders simply haven't been keeping pace, not only with population growth, but also with just the ability to create enough homes in general, to offset the number of homes that are obsoleted every year, that get bulldozed every year. So there is a structural shortage. To your point, if you look at inventory available for sale, we are up about 9% year over year, but we're still down about 15% from where we were prior to the pandemic. So there are fewer homes for sale than there were back when the market was functioning more efficiently. The most drastic shortage is at the entry level builders simply have not been making a lot of entry level properties. There's a reason for that. There's some independent research out there, including some research from Fannie Mae that suggests that the pre construction cost a builder has to absorb before they break ground is over $100,000 across the country, on average, higher than that, where I'm calling you from today, in California, it's about 120,000 there. If your table stakes are 100,000 $120,000 it's really difficult to make a profit on an entry level property. So the builders, I think understandably, have been focusing on higher dollar, higher value properties and not replenishing that supply that we need for first time buyers and the kind of properties that real estate investors tend to like. The other problem we've had, Keith, is that when those mortgage rates doubled, the people who had purchased those entry level homes refinanced into a two and a half 3% mortgage and are now sitting on a $300,000 property, let's say or $250,000 property with a two and a half percent mortgage. And if they wanted to trade up, they'd be trading up to a four or $500,000 house with a 6% mortgage. And they simply can't afford to do that. So the combination of entry level owners staying put at much larger numbers and builders creating new entry level homes at much smaller numbers has really created kind of a crisis of inventory at the entry level segment of the housing market.    Keith Weinhold  27:18   Yeah, when we talk about that crisis of inventory in what's available. I'm not talking about shortage numbers now. I'm talking about the active listing count. This means more or less available homes to buy. This includes single family homes and condos. We have an active listing count of around 1 million today. The historic average is around 2.2 million, and that peaked near 4 million during the global financial crisis. So today, only about one quarter as many active listings, available homes as at the peak,    Rick Sharga  27:54   yeah, only about half as many as, let's call it a normal market, and that's one of the reasons. I think the first time you and I spoke on your podcast, we were talking about all the online snake oil salesmen who were predicting a home price crash. But that's one of the reasons why home prices haven't crashed, and why they've kind of continued to grow, at least at a modest pace, and in some cases now are starting to decline a little bit. But that lack of inventory on the market. When you don't have enough inventory to meet demand, or just barely enough to meet demand, that means that seller doesn't really have to negotiate all that much. That means that buyers are kind of at a disadvantage, and so as long as that's the case, you'll see home price stability. That doesn't mean that every market is going to see prices go up. But if you look across the country right now, if you look at markets where home prices are down even marginally year over year, you're looking at the Gulf Coast states, you're looking at some other southern markets, Las Vegas, Phoenix, you're looking at some outlying markets like Boise, Florida, certainly, and Texas. And those are markets where inventory is actually considerably higher than it was a year ago, and in some cases, considerably higher than it was back in 2019, if you look at markets where prices are still going up a lot, Midwest, Northeast, those are still markets where there's not enough inventory to meet demand. So that relationship between available inventory for sale and demand is really what drives pricing    Keith Weinhold  29:23   this whole discussion, which is really about the supply, just in the economics one on one. Adam Smith of supply versus demand. A lot of people, just like including my dad, when I was telling him about housing, something he doesn't follow. And I told him that prices are up the most in the Northeast and Midwest. That surprised him. He was like, No, well, population growth is lower here and lower than Pennsylvania, where he lives. And that's when I brought up, well, they're under building there. So in parsing this by geography, Rick, I think another way that we can do it is parsing the housing shortage by the single family homes versus apartments, because it's. Pretty well documented that nationally, apartments could be seen as overbuilt, and single family is under built. Do you have any details with respect to that?    Rick Sharga  30:08   We talk a little bit about that, and quick shout out to both of our home state, Pennsylvania, yeah, Phil, Philadelphia actually had some of the highest annual price increases right in their home sales last year. But part of that isn't just because they haven't been building a lot in Philadelphia or the suburbs. It's because we see people moving from higher priced markets into lower priced markets. So we have people actually commuting to New York who have bought homes in Philadelphia or the Philadelphia area. They can get much more house for their money there. They're not subject to some of the wage taxes that happen in New York State. They just get on that Amtrak and train into the city every day. So there is some of that going on across the country too, as we still see net migration of people moving out of states like California, New York and Illinois into nearby states where the cost of living is much lower. That slowed down since covid, since a lot of companies have been requiring people to come work back at the office. But it is still happening. It is still happening in generally the same direction you raise the issue of inventory for rental units versus inventory for, let's say, owner occupied properties, we have seen a plateau in the number of single family rental homes. So the stuff you're hearing out of DC, that you're seeing the media about the really important ban on institutional investor buying is really much more sizzle than substance. Oh, right. Institutional investors are owned and are buying a fraction, but we've seen over a million apartment units come online in the last 18 months. It's about the largest number of apartments that have that have sprung up and in that shorter period of time on record. And we've gotten to a point where in some markets, there's actually a little bit of an oversupply of those apartment units now that will balance itself out over the next couple of years, because multifamily building starts are way down too so we're not seeing a lot of activity there as builders hold off, waiting for this new inventory to get absorbed. But to put it in perspective, vacancy rates went from near zero back during covid in those apartments to over 6% last year. Rental rates have gone down from 15% year over year, increases back in 2020, 2021, to negative numbers nationally in the last year, just talking apartments, just apartments. So we have a short term mini glut, if you will, of apartments. It will be absorbed rapidly. We have 92 million people between the ages of 26 and 54 who are have either formed households or are about to a lot of them would like to be homebuyers can't afford today's prices, so they're renting instead. And about 5 million people a year are turning 35 which is when, you know, we parents start literally kicking them out of the house. So I think that rental overage will resolve itself, really, in the next 12 to 18 months. And if the builders don't start building new inventory by that point, we'll wind up with another shortage on the housing front, I'm of the opinion that we're at least a million homes short compared to what demand should be. I think the number is probably somewhere between one and 2 million. And again, I'm doing that simply based on a slight decrease in vacancy rates, population growth and the aging of the population. What could throw all of our numbers off? Keith is one of the X factors in demographics and population, which is immigration. Population growth, if it's organic, if it's by birth, does have an effect on housing, to an extent, but it's it's more nuanced, and it takes longer to really show itself if you're dealing with adult immigrants coming into the country, particularly immigrants who are coming in for jobs and have income that they can spend on housing, your housing demand goes up quickly, and that can have some local market repercussions depending on where the immigrants are going.   Keith Weinhold  34:18   In Philadelphia is not a coastal city. Its cost of housing is surprisingly low to a lot of people, but it's not on a coast. Just look at a map. Well, Rick, as we're winding down here, how long could the housing shortage persist overall?   Rick Sharga  34:33   I think we're in a period of time right now where builders are reluctant to overbuild. They got caught in the great recession with about a 13 month supply of homes available for sale, and then as home prices crashed, they were competing with their own inventory from the prior year, and many of them took a real beating financially during that period of time. So I don't expect we'll see builders overbuild anytime soon. And that tells me that we're probably looking at at least another three to five years before we can have a rational conversation about housing numbers kind of leveling off to be where they should be. We mentioned immigration. That is an X factor that could extend the housing shortage. If we start to see more immigration coming into the country, it could mean that we don't need as many houses as I suspect, if we have fewer people coming into the country. And the other x factor here is the boomers, the baby boomers of any generational cohort, probably have the highest home ownership rates right now and ultimately will age out of their properties. They've stayed there longer than any prior generation has, and that's also contributed to the inventory shortage, as opposed to the housing shortage. But as a friend of mine said, and it's a little macabre, but as he says, boomers will eventually leave their homes, either vertically or horizontally, so that will bring some inventory back to the market as well   Keith Weinhold  35:58   housing supply. It is rather inelastic, and we're probably going to be in this shortage for a number of years. Well, Rick, tell us how and why people consult with you and then just how they can do that.   Rick Sharga  36:12   Yeah, I work with mostly companies that are in the real estate or mortgage industries. Keith, I typically prepare a lot of market intelligence reports to them. It's real estate data, economic data, mortgage data. For some clients, I do foreclosure reports. They know what's going on in terms of delinquencies and defaults. For others, I do research on investor purchase activity, what they're buying, what they're selling, what they're paying, where they're doing all this. So anything that's data related to real estate data, mortgage data, economic data, I'm kind of neck deep in and I'm very easy to find on either LinkedIn or x. So if anybody's listening today and wants to connect on those platforms, just reach out and tell me you saw me on the GRE podcast, and I'll know you're legit.   Keith Weinhold  36:56   Housing supply is coming up short, but Rick never does. It's been great having you back on the show.   Rick Sharga  37:02   We'll do it again soon, Keith, It's great talking to you.   Keith Weinhold  37:10   Do we really have a housing shortage? The answer is yes, and the number of units short is one to 2 million. The shortage is worst in the entry level home segment, which matters so much to us as investors, we are owning an asset that's going to have sustainable demand for quite a while into the future. Rick indicated that it could take perhaps three to five years just to get back into balance. Now, we recently learned that there were fewer housing permits issued last year than there were in any year since 2019 and housing permits are an indicator of the future home supply. They had their recent peak five years ago with 1.7 5 million, and last year, there were just about 1.4 million. So home permits issued are 19% lower today than they were back in 2021 this is a harbinger of supply, because from the time that a permit is issued, it takes six to 12 months to complete a single family home. It's about six months to build a tract home, and closer to 12 months for a custom home. For apartments, it can take in excess of 24 months to deliver that period of time from permitting to completion. So nationally, we should continue to see scarce supply in the one to four unit space, keeping upward pressure on prices again for the most valuable 40 minutes of educational real estate investing material around you can access my premium real estate pays five ways, master class of five videos, totally free. And you know how I operate. I don't try to upsell you to some paid course. Either. It's just truly free. I'll send it to you. You can access it at get rich education.com/course coming up on future episodes here on the get rich education podcast, we're about to go on a run. The next stretch of GRE is loaded. We've got fresh topics with some game changing monolog content that I'm going to share with you new guests, distinguished guests. Next week, the youngest guest to ever appear on the show is going to be with us. He's a 19 year old college student with a real estate investing related major. How does he see Gen Z's financial world? Is there any hope at all? The following week, we're going to break down an innovative way to sell properties that could completely change how you think about your exit strategy when it's all done, when it's time for you to retire from real estate, rather than a 1031, Exchange, which would just keep you in the real estate game and with more of it, do a seven. 21 exchange into a real estate fund. Have no more assets to manage, no more property managers to manage total capital gains tax deferral and still get financial upside. And then just four weeks from now, it's get rich education podcast episode number 600 debt is the American dream. So if you're serious about building wealth, be sure to follow or subscribe to the show. If you've already done that, I would really appreciate it if you told a friend about this show until next week. I'm your host. Keith Weinhold, don't quit your Daydream.   Speaker 3  40:39   Nothing on this show should be considered specific personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively.    Keith Weinhold  40:58   The preceding program was brought to you by your home for wealth, building, get richeducation.com

Oil surged above $100 a barrel as the war with Iran disrupts global supply and tanker traffic through the Strait of Hormuz remains at a standstill. Amos Hochstein, TWG Global managing partner and former senior advisor to President Biden, discusses the state of the conflict, the historic shock to oil markets, and what a possible endgame could look like. Then, Goldman Sachs President of Global Affairs Jared Cohen examines what the war means for the future of Iran's regime and the broader geopolitical fallout, including China's potential role. Plus, CNBC's Dan Murphy breaks down the latest developments in the region.   Dan Murphy: 3:09 Amos Hochstein: 12:53 Jared Cohen: 26:28   In this episode: Amos Hochstein, @amoshochstein Andrew Ross Sorkin, @andrewrsorkin Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Katie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Cramer says this company has a terrific story with its sold out products. Become an Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks every day as they talk candidly about the market's biggest headlines, analyst calls and holdings in the Charitable Trust – and see up close how they decide when, and if, to take action on stocks. Sign up here: cnbc.com/morningtake CNBC Investing Club Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

War and Markets – Not a great mix South Korea tumbles the most in history Inflation risk is real again – the Fed's quandary is real Investors questioning AI trends and the impact of current policies with our Guest – Ross Gerber of Gerber Kawasaki. NEW! DOWNLOAD THIS EPISODE'S AI GENERATED SHOW NOTES (Guest Segment)   Ross Gerber is the Co-Founder, President and CEO of Gerber Kawasaki Wealth and Investment Management. Ross oversees Gerber Kawasaki’s corporate and investment management operations as well as serves individual clients. Ross has become one of the most followed investors on social and in traditional media. His investment ideas and advice have made him a regular in the business news and he is featured on CNN, CNBC, Fox Business News, Bloomberg and Reuters as well as a contributing writer for Forbes.com. He has been ranked as one of the most influential investment advisors and Fintech innovators in America. Ross and the Gerber Kawasaki team oversees well over a billion dollars of investments focused on technology, media and entertainment companies for clients and the firm. Gerber Kawasaki has grown to be a leader in Fintech by leveraging technology to work with a younger generation of clients. Ross is an expert in online marketing and social media as well as co-developed the company's app for IOS. Check this out and find out more at: http://www.interactivebrokers.com/ Follow @andrewhorowitz Looking for style diversification? More information on the TDI Managed Growth Strategy – HERE Stocks mentioned in this episode: (NVDA), (MSFT), (AMD), (TSLA)

Derek Champagne talks with Rich Horwath. Chief Executive Magazine describes Rich as "The world's foremost expert on strategic thinking.” Rich has been featured on ABC, NBC, FOX, CBS, CNN, and CNBC, and has worked with organizations such as ESPN, Google, Intel, FedEx, Bank of America, and many more. Rich is the founder and CEO of the Strategic Thinking Institute where he facilitates strategy workshops to help leadership teams think, plan, and act strategically to set direction, create advantage, and maximize their leadership performance. He is a New York Times and Wall Street Journal bestselling author of eight books on strategic thinking, including his newest book: STRATEGIC: The Skill to Set Direction, Create Advantage, and Achieve Executive Excellence.For free resources and to order STRATEGIC visit: https://www.strategyskills.com/Business Leadership Series Intro and Outro music provided by Just Off Turner: https://music.apple.com/za/album/the-long-walk-back/268386576

Ralph welcomes sociologist and historian Behrooz Ghamari-Tabrizi to discuss the United States' war of aggression on Iran.Behrooz Ghamari-Tabrizi is an Iranian-born American historian and sociologist. He is a Research Fellow at the Center for Place, Culture, and Politics at the CUNY Graduate Center. He was the Chair of the Department of Near Eastern Studies and Director of the Sharmin and Bijan Mossavar-Rahmani Center for Iran and Persian Gulf Studies at Princeton University. He is the author of four books on different aspects and historical context of the Iranian revolution of 1979 and its aftermath.The only countries that I see that are in constant violation of international law is the United States and Israel. And frankly, I am speechless, although I'm speaking, but I am speechless—in what universe can this war be justified as self-defense? You listened to Secretary Rubio's speech in Munich where he laments 400 years of colonial rule being lost to this international law and laws of fighting wars because they want to go back to the way things were in the 18th and 19th century. This is a naked expansionist, extortionist administration here, and that's the only reason they have launched this war, and there is absolutely no justification for it.Behrooz Ghamari-TabriziFor years and years, the Israelis have been assassinating Iranian scientists. They were sabotaging Iranian industries. And actually, the Iranian government showed tremendous restraint in responding to these Israeli provocations because they didn't want to create the situation in which we find ourselves today. But then at the end of the day, calling Iran the aggressor here I think is a total ignorance of history and the context in which this war has started.Behrooz Ghamari-TabriziAll these things are not to suggest that the Iranian government in any form or shape is a democratic and just state. But the question here is about the sovereignty of the Iranian state. And the only inheritance of the revolution that has been kept throughout these forty-odd years was the question of sovereignty. Because that was one of the demands of the revolution. The question of social justice was thrown out of the window after the revolution. The question of civil liberties was thrown out of the window after the revolution. The only thing that is left is Iranian sovereignty. And according to every single intelligence study, what Iranians do outside their borders is a defensive posture. Iran does not have an expansionist agenda.Behrooz Ghamari-TabriziNews 3/6/26* Last week, Bill and Hillary Clinton testified before the House Oversight Committee on their respective relationships with financier and sexual predator, Jeffrey Epstein. Hillary Clinton, in a deposition described as contentious, maintained that she had virtually zero connections with Epstein, stating at one point “I am so tired of answering that question,” per PBS. Former President Bill Clinton meanwhile, tried to downplay his relationship with Epstein, describing it as “cordial,” and claiming that he had come to an arrangement with Epstein where the financier provided his private jet for humanitarian trips in exchange for Clinton discussing politics and economics with him. The committee pressed Clinton on this point, noting that Epstein visited the White House numerous times during Clinton's presidency and that there are photos of the two men shaking hands. Clinton told lawmakers he “did not recall those interactions.” These answers leave much to be desired.* Meanwhile, another Epstein associate occupies the Oval Office today – Donald Trump – and on February 26th the Wall Street Journal reported that the Department of Justice, under the stewardship of Attorney General Pam Bondi, has been withholding interviews with a woman who accused President Donald Trump of sexual assault back in the 1980s. As the Journal writes, the suppression of this interview “raises new questions about the Justice Department's handling of the Epstein files release and the pages that have been kept private.” The Journal adds that “Trump officials initially opposed the release of the files and then fumbled their response, including inconsistent redactions that exposed dozens of Epstein victims and initially kept some prominent men's names hidden.” However, on March 5th, POLITICO reported that the FBI has now published a trio of FBI interviews with the woman who accused the president of sexually assaulting her in collusion with Jeffrey Epstein. Trump and his allies categorically deny any wrongdoing on the part of the president, with White House press secretary Karoline Leavitt calling the allegations “completely baseless…backed by zero credible evidence, from a sadly disturbed woman who has an extensive criminal history.” This story also highlights what is sure to be the next flashpoint in this saga: on Wednesday, a House committee voted to subpoena Attorney General Pam Bondi to testify about her handling of the Epstein files.* Turning to media news, last week we covered how Paramount-Skydance, led by the Ellison family and backed by the Trump administration, outmaneuvered Netflix to close a deal acquiring Warner Bros. Discovery – including CNN. Throughout this process, many have raised the alarm that if the Ellisons were to get their hands on CNN, they would turn it over to their ideological attack dog, Bari Weiss, as they did with CBS News. Variety is now echoing those concerns, reporting that “It's expected that Weiss will have a big role in steering CNN.” Just what exactly this role will be remains to be seen, but given her tenure as editor-in-chief of CBS News, there is much cause for concern.* In related news, Variety reports Warner Bros. Discovery CEO David Zaslav has filed to sell 4,004,149 shares – over $114 million worth of stock – in the company following the announcement of the sale to Paramount, including Paramount's eye-popping offer of $31 per share. Zaslav retains additional stock and options which he could cash out as the deal moves forward. Curiously, even as the Trump administration backed the Paramount buyout over the Netflix deal, the president himself continues to bank on the fiscal stability of the streaming giant, with the Hollywood Reporter documenting that Trump bought between $600,000 and $1.25 million worth of Netflix debt in January, adding to the $500,000 to $1 million in Netflix bonds that he purchased in December. This story notes that while the Netflix-Warner deal fell through, Netflix walked away with a $2.8 billion “break-up fee,” and an investment grade credit rating, unlike both WBD and Paramount.* Looking at domestic politics, this week primaries were held in Texas and North Carolina which yielded the nomination of James Talarico in Texas, beating out Congresswoman Jasmine Crockett for the Democratic nod, and the razor thin victory of incumbent Valerie Foushee over her progressive challenger Nida Allam in the Durham-Chapel Hill region. But many more primary battles lay ahead, perhaps the most interesting of which is unfolding in Maine, where the Bernie Sanders-backed veteran-turned-oysterman Graham Platner is duking it out with Chuck Schumer's preferred candidate, outgoing Governor Janet Mills. Platner, despite damaging stories, has continued to draw massive crowds and enjoys a huge polling advantage. Last week, Platner's allies, led by United Autoworkers President Shawn Fain, staged a sort of intervention with Schumer, with Fain lambasting the “shortcomings” in Democratic leaders' approach to the 2026 midterms, “particularly their failure to adequately listen to working-class voters.” Michael Monahan, a high-level official in the International Brotherhood of Electrical Workers, also sent a letter to the Democratic Senate Campaign Committee strongly urging the DSCC to “refrain from intervening further in [the Maine] primary.” A mid-February independent poll found Platner with a 38-point lead over Mills among likely Democratic primary voters, yet the party continues to back Mills to the hilt. This from NBC.* Our remaining stories this week concern foreign affairs. First, in South Africa, it seems the forces of the Left are looking to pool their support by entering into a political alliance. According to TimesLIVE, a prominent South African online newspaper, the country's largest standalone Left party, the Economic Freedom Fighters (EFF) has convened with the South African Communist Party (SACP) to discuss such an electoral pact. The SACP has long participated in a tripartite alliance with the African National Congress party (ANC), which has ruled South Africa since the end of Apartheid, but recently announced they would contest elections independently. The EFF and SACP emphasized that their priorities align on the “deep crises confronting South Africa: de-industrialisation, austerity-driven fiscal consolidation, collapsing energy security, mass unemployment, and extreme poverty.”* In another major political realignment, the Green Party of England and Wales is surging as the Labour Party, under the centrist leadership of Prime Minister Keir Starmer, continues to lose ground to the Nigel Farage-led far right party, Reform UK. The rise of the Green Party has been bubbling for some time, as progressive voters feel betrayed by Labour and the momentum behind Jeremy Corbyn's “Your Party” has fizzled, but the first major test occurred recently in the Labour stronghold riding of Groton and Denton in Greater Manchester. According to the BBC, this marks the first ever win for the Greens in a by-election, with 34-year-old plumber Hannah Spencer becoming the party's first ever MP in northern England. Reform ran second, with Labour dropping by 25% into third place. Moreover, Zeteo reports the Greens have leapfrogged ahead of Labour in national polling, second only to Reform and has become the single most popular party among voters under 50. For the past five months, the Greens have been led by self-described “eco-populist” Zack Polanski, and have espoused policies including giving councils the power to control rents, extending free school meals to all children, and imposing a new ‘wealth tax' on assets above £10m.* In Congress, Representative Ro Khanna has introduced the West Bank Human Rights Resolution to Condemn Israeli Settlement Expansion. This resolution is described as utilizing far more specific language to condemn “Israeli settler violence and referencing potential sanctions tools while also calling for a review of US policies that may indirectly subsidise settlement activity,” per the Middle East Eye. In part, this resolution is a response to the Israeli government's February 8th approval of “sweeping changes to land registration and civil control in Areas A and B of the West Bank, which Palestinians say breach the Oslo Accords and advance de facto annexation.” This resolution was drafted in conjunction with Cameron Kasky, the survivor of the 2018 Marjory Stoneman Douglas High School shooting who has become a leading activist on rights for Palestinians in Gaza and the West Bank. In a statement upon the introduction of this resolution, Kasky wrote “this is a necessary measure for Democrats and Republicans to unite behind the upholding of international law. Democrats and Republicans can agree that U.S. taxpayer money being used to subsidize the violation of international law is an outrage.”* Our final two stories concern the U.S. attacks on Iran. First, a bizarre sequence of conflicting claims between the U.S. and Spain have left many observers puzzled. First, on March 3rd, Spanish Prime Minister Pedro Sánchez addressed the Iberian nation, saying “Very often great wars start with a chain of events spiralling out of control due to miscalculations, technical failures, and unforeseen circumstances. Therefore, we must learn from history and cannot play Russian roulette with the fate of millions.” Sánchez warned of “repeating the mistakes of the past,” and drew a comparison with the invasion of Iraq, concluding his government's position is “No to war,” per CNBC. More pointedly, the Spanish government prevented two jointly operated bases in its territory from being used in the strikes on Iran. Trump responded on the 4th by vowing to cut off all trade with Madrid, saying “Spain has been terrible…We don't want anything to do with Spain.” Then, on March 5th, Karoline Leavitt told the press that “With respect to Spain, I think they heard the president's message yesterday loud and clear, and it's my understanding, over the past several hours, they've agreed to cooperate with the U.S. military.” Yet, the Spanish Foreign Minister Jose Manuel Albares immediately responded that “The Spanish government's position on the war in the Middle East ... and the use of our bases has not changed at all.” This also from CNBC. Trump's threat to cut off trade with Spain would be difficult to follow through on, given that the 27 nations in the European Union negotiate trade agreements collectively,* Finally, far from assuaging concerns about the attacks on Iran leading to blowback, the Hill reports that, when asked during a phone call with Time magazine about whether Americans should be worried about a potential strike on the homeland, Trump replied, “I guess.” Trump went on to say “We think about it all the time. We plan for it. But yeah…we expect some things…some people will die. When you go to war, some people will die.” Stunningly, despite Trump openly declaring that we are at war with Iran sans congressional authorization and even casually admitting Americans could be killed on home soil, the feckless Congress has voted down War Powers resolutions in the House and Senate. In the upper house, the bill introduced by Democratic Senator Tim Kaine of Virginia, failed 47-53, with Senator Rand Paul of Kentucky crossing party lines to support it while Senator John Fetterman of Pennsylvania crossed party lines to vote nay, per the AP. A similar measure in the House, introduced by Reps. Ro Khanna and Thomas Massie – the duo behind the Epstein Files Transparency Act and other war powers resolutions including on Venezuela – failed by a vote of 212-219. In addition to Massie, Republican Rep. Warren Davison of Ohio voted in favor of the resolution, while four House Democrats voted nay, per Axios. Again the question is presented to us, if this won't shock Congress to action, what will?This has been Francesco DeSantis, with In Case You Haven't Heard. Get full access to Ralph Nader Radio Hour at www.ralphnaderradiohour.com/subscribe

Episode 599 of the Sports Media Podcast with Richard Deitsch features Sports Media Watch editor and founder Jon Lewis and SBJ media reporter Austin Karp. In this podcast we discuss Paramount chairman/CEO David Ellison telling CNBC that the company plans to continue its relationship with the National Football League and what the means; Jason Benetti joining NBC as lead play by play announcer for "Sunday Night Baseball;" CBS and TNT Sports announcing their joint NCAA men's basketball tournament broadcast teams; TNT Sports picking up media rights to FIBA tournaments in the U.S.,; Tubi carrying alt-casts F-1 races and practice and qualifying sessions available to stream through Yahoo Sports; the Lakers-Warriors brutal rating on ABC; our thoughts on the World Baseball Classic; Austin's interview with CAA agents and more. You can subscribe to this podcast on Apple Podcasts, Spotify and more. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices