Podcasts about fed chair jay powell

Fed Chair Jay Powell standing pat on interest rates during his House testimony today. What the Israel-Iran conflict means for Trump's mega bill. Plus, Hims' compounding conflicts.

LISTEN and SUBSCRIBE on:Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on:https://www.youtube.com/@WatchdogOnWallstreet/featuredDonald Trump takes aim at Fed Chair Jay Powell for refusing to slash interest rates, igniting a fresh clash over economic strategy. As Trump fumes on social media, Powell is caught in the middle of a weakening economy, stubborn inflation, and a dual Fed mandate. Who's right? According to Chris Markowski, maybe both—but if Trump really wants lower rates, he might need to ditch the tariffs first. www.watchdogonwallstreet.com

19 Jun 2025. The US Fed and UAE Central Bank have both held interest rates steady. We hear from Fed Chair Jay Powell - and get local reaction from Emirates NBD’s Ed Bell. Plus, Microsoft says AI won’t fix the “infinite workday” unless we change how we work. We speak to Zubin Chagpar about what needs to happen. And as the school year ends, we get the education sector’s report card from Which School Advisor. Finally, why are billboard prices soaring across Dubai? We ask ARN’s Josh Busteed.See omnystudio.com/listener for privacy information.

On today's podcast: 1) A federal appeals court temporarily blocks a ruling that threatens to throw out the bulk of President Trump's tariff agenda. Traders are reassessing their appetite for riskier assets amid concerns over weaker growth and fiscal strain, with the setup being "quite pessimistic" according to an investment officer. 2) President Trump pushes Fed Chair Jay Powell to lower rates at a meeting at the White House. The president told Powell that not lowering rates is putting the US at an economic disadvantage to China and other countries, and Powell stressed that the path of policy will depend on incoming economic information. 3) Treasury Secretary Scott Bessent says trade talks with China have stalled. Bessent believes more talks will happen with Chinese officials "in the next few weeks" and sees the personal involvement of both country leaders as essential.See omnystudio.com/listener for privacy information.

President Trump has reached a trade deal with the United Kingdom, and the Federal Reserve is keeping interest rates steady. The decision prompted a post from President Trump calling Fed Chair Jay Powell a “fool,” but one that he likes. CNBC's Steve Liesman breaks down Chair Powell's commentary and the latest economic data. Senator Ted Cruz (R-TX) discusses US competition in AI ahead of his hearing with tech leaders including OpenAI's Sam Altman and AMD's Lisa Su. Sen. Cruz discusses the Trump administration's tariffs and price controls on Medicaid drugs. Plus, Scott Bok was chair of the University of Pennsylvania's board when the university's president was pushed out after the Israel-Hamas war began in 2023. In this episode, he discusses the shifting culture and politics both on and toward U.S. college campuses. Sen. Ted Cruz - 22:42Scott Bok - 36:10 In this episode:Ted Cruz, @SenTedCruzSteve Liesman, @steveliesmanBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie

On today's podcast: 1) President Trump is expected to unveil a limited trade deal with the UK this morning and hints at a new tension point in trade talks with China. The UK deal is likely to focus on reducing tariffs on cars and steel, and may include discussions on tech, AI, and digital trade, but will come with significant caveats and may not be a comprehensive trade pact. 2) Fed Chair Jay Powell says he won't be rushed into lowering interest rates. Powell says he won't lower borrowing costs until there's more certainty on the direction of trade policy, which will have to come from the White House. The Federal Open Market Committee held interest rates steady and said the risks of seeing higher inflation and unemployment had risen due to uncertainty over trade policy and tariffs. 3) The White House plans to get rid of Biden-era chip export restrictions. The repeal would provide fresh opportunities for other countries to negotiate their own chip access, influenced by investment promises or broader trade and diplomatic considerations, while measures targeting China would remain in place.See omnystudio.com/listener for privacy information.

Cleveland Fed President Beth Hammack was once a market participant at Goldman Sachs; she's a policymaker now, but she says she's still watching the markets during periods of volatility. Google is still under antitrust scrutiny, but regulation may affect AI innovation. Aravind Srinivas, CEO of AI engine Perplexity, discusses Google's contributions to its competitors and the future of AI. Plus, Fed Chair Jay Powell, China, the Kentucky Derby, and even millionaires are caught in President Trump's crosshairs.  Aravind Srinivas - 33:13Steve Liesman & Beth Hammack - 15:44 In this episode:Aravind Srinivas, @AravSrinivasBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie

Chuck Todd is joined by Mark Zandi, chief economist at Moody's Analytics, to discuss the damaging effects of President Donald Trump's tariffs and trade war on the U.S. economy.Chuck opens the episode by framing the nation's economic struggles as entirely self-inflicted, warning against political pressure on the Federal Reserve, and explaining why the consequences of current policy decisions could take years to reverse.Mark Zandi then joins to share his economic risk assessment, explore why markets failed to anticipate the trade war, and project the level of fallout the U.S. economy could face in the coming months and years.They break down why Trump's push to reshore American manufacturing is unlikely to succeed, how China could emerge as the real winner of the trade war, and why troubling signals from the bond market spell concern for the broader economy.Zandi also outlines the risks of firing Fed Chair Jay Powell, explains why the trade war is a lose-lose scenario, and discusses why government intervention may be far less effective in responding to a self-inflicted economic crisis.Finally, Chuck wraps up with listener questions in the Ask Chuck segment.Don't forget to like and subscribe to The Chuck ToddCast!Timeline:0:00 Introduction0:30 Why Chuck wanted to have Mark Zandi on the show1:30 We could have a man made economic disaster on our hands3:00 Pressuring the fed to lower interest rates is a bad idea5:15 Immigration has been a boon, not a negative for America7:00 Trade has helped America have a higher standard of living than anywhere else8:00 Rebuilding will take years8:45 Trump administration has been a mess11:55 Mark Zandi joins the show 12:55 What is Moody's Analytics? 15:55 How is a country's political system factored into economic risk assessments? 17:15 War gaming the trade war 19:10 Why didn't markets price in the trade war? 21:10 Tariffs in Trump 1.0 were more damaging than people realize due to pandemic. 22:55 When will the tariff impacts show up?24:25 Are any companies reshoring manufacturing due to tariffs? 26:10 How many companies are going to do whatever it takes to get an exemption? 27:25 Consumers and corporations are already changing their spending decisions 28:25 Government cuts are self defeating 29:55 How will this affect China's economy? 32:55 Will the EU spurn the US in favor of China? 34:25 Nixing the TPP was a mistake 35:40 What does the health of the bond market tell us? 37:10 We're in a crisis 38:10 How does this affect financing our debt? 39:10 What would stabilize the market? 39:55 What would happen if he fired fed chair Jay Powell?42:40 How similar is the current situation to the 1920's-30's? 45:25 US received more pushback from other countries in the 20's-30's 46:40 Which countries are most vulnerable to the trade war? 48:55 This is a lose-lose for everyone 49:55 In an emergency are the only choices inflation or recession? Which is preferable? 52:25 Government intervention will be less viable because government caused the crisis53:25 Chuck's thoughts on conversation with Mark Zandi54:20 Ask Chuck - Will Trump's trade war become the new normal or just a phase?55:55 Tariffs are a tool, and shouldn't be used for everything57:30Trump's goal is to replace income taxes with tariff revenue59:55 How can citizens not be part of the problem when it comes to hyperpartisan media?1:00:30 Diversifying your media diet is important1:04:45 If tariffs cause a severe recession, could Trump issue an EO to postpone the midterm elections?1:07:00 Trump can't waive a magic wand and postpone elections(Timestamps vary based on advertisements)

Stocks jumped and the dollar edged up as the Trump administration defused some of the tension that had rattled financial markets in recent sessions. President Donald Trump said yesterday that he does not intend to fire Fed Chair Jay Powell, while Treasury Secretary Scott Bessent told investors that the US-China trade dispute is unsustainable and that a deal will be made. This came as the International Monetary Fund slashed their global growth forecasts, with widespread downgrades after the US tariff announcements. Our Chief Economist, David Kohl, shares his views on what to expect from the ECB and the Fed in terms of monetary policy in this environment and what it means for the economy.00:00 Introduction: Helen Freer, Investment Writing00:34 Markets wrap-up: Jan Bopp, Investment Writing06:38 Comments on ECB, US recession risks, Fed: David Kohl, Chief Economist12:38 Closing remarks:  Helen Freer, Investment WritingWould you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.

On today's podcast: 1) President Trump's optimism on trade is lifting stocks following yesterday's selloff on Wall Street. Positive signals from initial US-Japan trade talks stirred optimism agreements can be reached to avoid higher levies on American trading partners.2) Fed Chair Jay Powell says tariffs make a challenging scenario for the Federal Reserve. Powell on Wednesday signaled a wait-and-see approach to tariffs, pushing back on hopes the central bank would act quickly to soothe investor fears. His comments, along with concerns over the impact of tariffs on the tech sector, helped end a two-day consolidation in stocks.3) Harvard continues to push back against pressure from the White House. Harvard University's refusal to comply with a Trump administration deal to require it to reform its governance and end diversity programs is resulting in retribution. The administration's freezing funding of 2.2 billion dollars of multiyear grants, accusing Harvard of mishandling antisemitism on campus. President Trump says the school should lose its tax-exempt status and several outlets reported that the IRS is considering the issueSee omnystudio.com/listener for privacy information.

In today's episode, Kip takes us through a busy pre-Easter Thursday on Wall Street, unpacking the day's light-volume trading session and a hefty 527-point drop in the Dow, mostly blamed on UnitedHealthcare's disappointing earnings and guidance. Kip dives into the resilience of the broader markets despite the Dow's decline, highlights the surprising strength in market internals, and shares insights from his appearance on the Charles Payne Show—where he didn't hold back critiquing Fed Chair Jay Powell.

Kevin Mahn of Hennion & Walsh and our Bob Pisani break down the late-afternoon selling after Fed Chair Jay Powell's speech in Chicago. Earnings reports from CSX, Kinder Morgan, SL Green, and Alcoa are on the radar, while Kristina Partsinevelos tracks the sharp pullback in Nvidia and the broader chip sector. Joyce Chang of J.P. Morgan joins to discuss the Fed, tariffs, and macro policy implications from the global market perspective. Eric Johnston of Cantor Fitzgerald shares his outlook on equity strategy, followed by Alcoa CEO William Oplinger with insights on the company's quarter and the tariffs impact. Paul Ciana of Bank of America offers a technical read on markets, and Laura Martin of Needham previews Netflix ahead of its earnings.

On today's podcast: 1) Nvidia slides after it warns Trump's curbs on China chips will cost it billions. The US government has restricted Nvidia from selling its H20 chip in China, escalating the tech battle between Washington and Beijing. Restrictions and trade war concerns are expected to negatively impact chip-sector earnings and China's ambitions to compete on the global tech stage.2) China says it is open to trade talks if President Trump's Administration shows more respect. China wants the US to show more respect by reining in disparaging remarks by members of Trump's cabinet before agreeing to trade talks. Beijing also wants a more consistent US position and a willingness to address China's concerns around American sanctions and Taiwan.3) Investors await a key speech by Fed Chair Jay Powell. Powell is making a speech in Chicago as traders look for hints on how the Fed will manage rates as President Trump aims to implement his tariff policy, and they're also following retail sales data today.See omnystudio.com/listener for privacy information.

On today's podcast: 1) President Trump says he's open to tariff cuts in return for phenomenal offers. President Trump indicated that more tariffs are on the way, specifically mentioning pharmaceuticals, and reiterated his willingness to offer tariff relief for China if Beijing approves the sale of TikTok's US operations. 2) Investors await a jobs report and a speech on the economy by Fed Chair Jay Powell. US hiring likely remained healthy last month with the unemployment rate holding steady at a historically low level of 4.1%. 3) Republicans consider a higher rate for millionaires in their sweeping tax cut bill. Senate Republicans unveiled a budget blueprint that would fast-track a renewal of President Donald Trump's tax cuts and an increase to the nation's borrowing limit.See omnystudio.com/listener for privacy information.

In its latest decision, the Federal Reserve will hold interest rates steady. The U.S. markets rallied on Fed Chair Jay Powell's comments that the economy is still strong. Nvidia rallied as well; CEO Jensen Huang discussed tariffs, bringing chip manufacturing onshore, and tech innovation. Over a dozen leaders in the U.S. oil and gas industry met at the White House on Wednesday. Energy Secretary Chris Wright discusses that meeting and President Trump's agenda for American power. Plus, tennis legend Stan Smith helped found the ATP in the 1970s. Today he weighs in on the future of the sport, player pay, and his legacy as a player and as the face of a beloved sneaker. Happy March Madness! Chris Wright - 16:07Stan Smith - 30:16 In this episode:Melissa Lee, @MelissaLeeCNBCJoe Kernen, @JoeSquawkKatie Kramer, @Kramer_Katie

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance.Federal Reserve officials held their benchmark interest rate steady for a second straight meeting, caught between mounting concerns that the economy is slowing and inflation could remain stubbornly high.Chair Jerome Powell acknowledged the high degree of uncertainty from President Donald Trump’s significant policy changes, but repeated the central bank is not in a hurry to adjust borrowing costs. He said officials can wait for greater clarity on the impact of those policies on the economy before acting.See omnystudio.com/listener for privacy information.

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance.Federal Reserve officials held their benchmark interest rate steady for a second straight meeting, caught between mounting concerns that the economy is slowing and inflation could remain stubbornly high.Chair Jerome Powell acknowledged the high degree of uncertainty from President Donald Trump’s significant policy changes, but repeated the central bank is not in a hurry to adjust borrowing costs. He said officials can wait for greater clarity on the impact of those policies on the economy before acting.See omnystudio.com/listener for privacy information.

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance.See omnystudio.com/listener for privacy information.

On today's podcast: 1) President Trump says he would prefer not to impose tariffs on China 2) Trump to speak with Fed Chair Jay Powell about cutting rates 3) Senators may be working overtime to get Trump's Cabinet appointees confirmedSee omnystudio.com/listener for privacy information.

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance as the Fed lowered interest rates for a third time, but reined in the number of cuts they expect in 2025.See omnystudio.com/listener for privacy information.

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance as the Fed lowered interest rates for a third time, but reined in the number of cuts they expect in 2025.See omnystudio.com/listener for privacy information.

In today's episode, Tyler dives into a historic moment as Bitcoin has crossed the $100,000 threshold. Tyler breaks down the factors driving this surge, including the potential impact of Trump's pro-Bitcoin SEC nominee and unexpected praise from Fed Chair Jay Powell. We'll also explore broader market trends, recent moves in our major indexes, and what these developments mean for investors. Tune into today's podcast to learn more.

Lawmakers and economists are debating the future of the Federal Reserve after President-elect Trump's promises to fire Fed Chair Jay Powell and Senator Mike Lee's (R-UT) call to #EndTheFed. Judy Shelton and CNBC's Steve Liesman to discuss the role of the central bank and the constitutional precedent for Fed independence. As the AI revolution ramps up, Goldman Sachs's Jared Cohen highlights the infrastructure needed to support the technology's energy demands. Cohen calls for “data center diplomacy” as AI underscores geopolitics and competition between China and the United States. Plus, the price of bitcoin reached nearly $90,000, Trump's victory has lifted Elon Musk's net worth by $70 billion, and Trump's latest picks for his second administration include Sen. Marco Rubio, Rep. Mike Waltz and Gov. Kristi Noem. Jared Cohen - 12:43Judy Shelton - 25:53 In this episode:Jared Cohen, @JaredCohenJudy Shelton, @judyshelSteve Liesman, @steveliesmanEamon Javers, @EamonJaversBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie

 On today's podcast: 1) Donald Trump makes history with his choice of his Chief of Staff 2) Race to control Congress continues while the GOP secures a key Pennsylvania win 3) Fed Chair Jay Powell says he's staying on the Job even if he's asked to step down See omnystudio.com/listener for privacy information.

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance See omnystudio.com/listener for privacy information.

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance See omnystudio.com/listener for privacy information.

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance See omnystudio.com/listener for privacy information.

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's decision to cut rates 50-basis-points on a special edition of Bloomberg SurveillanceSee omnystudio.com/listener for privacy information.

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's decision to cut rates 50-basis-points on a special edition of Bloomberg SurveillanceSee omnystudio.com/listener for privacy information.

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's decision to cut rates 50-basis-points on a special edition of Bloomberg SurveillanceSee omnystudio.com/listener for privacy information.

Today's Post - https://bahnsen.co/3ACbF38 Insights from Jackson Hole and Behavioral Finance: This Week's Dividend Cafe In this week's episode of Dividend Cafe, David discusses the Federal Reserve Chair Jay Powell's recent speech from Jackson Hole, Wyoming, focusing on future rate policies and economic outlook. David highlights the change in focus from price stability to labor markets in Powell's speech and discusses the likelihood of future rate hikes or cuts based on upcoming economic data. The episode also dives into behavioral finance, emphasizing the importance of avoiding common investment mistakes and the value of behavioral modification for clients. Additionally, David shares statistical insights on GDP growth, corporate profits, and stock market volatility, and compares the performance of gold, inflation, and the S&P 500 over the last few decades. The discussion wraps up with an analysis of inflation data and rental market trends. 00:00 Welcome and Market Overview 01:02 Fed Chair Jay Powell's Speech at Jackson Hole 01:33 Understanding Rate Policy and Market Reactions 05:11 Behavioral Modification in Financial Services 09:14 Statistical Insights from Howard Marks 12:34 Inflation and Investment Strategies 17:05 Wrapping Up and Final Thoughts Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

Fed Chair Jay Powell signaled rate cuts are near after saying, “The time has come for policy to adjust.” Investors cheered the news, sending stocks broadly higher. Innovator Capital Management's Tim Urbanowicz and Paulsen Perspectives' Jim Paulsen break down how to position while 3Fourteen's Warren Pies discusses the impact on housing. Plus, BofA Head of North American Banks Research talks what the cuts will mean for banking stocks and Mercer US CIO Olaolu Aganga gives top ideas and the opportunities in alternative investments. 

In today's episode, Tyler breaks down the stock markets reaction to the latest FOMC meeting and press conference from Fed Chair Jay Powell. He also covers the slew of big tech earnings, including beats from AMD, Qualcomm, and Meta that sent semiconductor and tech stocks soaring today. Tune into today's VRA podcast to learn more.

Silicon Valley support is growing for Donald Trump; Marc Andreessen, Ben Horowitz, Peter Thiel, and Elon Musk have each endorsed the Republican nominee, and The Information founder Jessica Lessin says, it might be part of a more widespread shift in tech. Plus, former President Trump is floating ideas for possible cabinet members (like Jamie Dimon for Treasury Secretary), and he's weighing the risk of dismissing Fed Chair Jay Powell before the end of Powell's term. One of Powell's former colleagues, former Boston Fed President Eric Rosengren, discusses the difference between both candidates' rhetoric and policy, as well as what it means for monetary policy. Plus, President Biden is weighing a Supreme Court overhaul, Elon Musk is moving SpaceX HQ to Texas, and Spirit Airlines is under pressure. Jessica Lessin - 16:37Eric Rosengren - 27:24 In this episode:Jessica Lessin, @JessicalessinBecky Quick,@BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin,@andrewrsorkinKatie Kramer,@Kramer_Katie

Inquiring minds want to know: When will the Federal Reserve cut interest rates? Fed Chair Jay Powell isn’t ready to answer that question. But when rates are cut, there’s gonna be a lag before the Americans feels it. Also in this episode: Egg-freezing rates skyrocket as more employer benefits cover the procedure, the U.S. is less trade-oriented than other countries, and nearly half of Gen Xers aren’t financially on track to retire, a new study says.

Inquiring minds want to know: When will the Federal Reserve cut interest rates? Fed Chair Jay Powell isn’t ready to answer that question. But when rates are cut, there’s gonna be a lag before the Americans feels it. Also in this episode: Egg-freezing rates skyrocket as more employer benefits cover the procedure, the U.S. is less trade-oriented than other countries, and nearly half of Gen Xers aren’t financially on track to retire, a new study says.

Fed Chair Jay Powell says keeping rates restrictive for too long poses a risk to the labor market. Blanke Schein Wealth Management's Robert Schein and Payne Capital Management's Courtney Garcia dive into the impact on the markets. Plus, the AI trade continues to drive the S&P 500 and Nasdaq to record highs. Citi's Drew Pettit recommends alternative names to hedge against the exponential growth rates. And, it's not just the U.S. – Japan's stock market is experiencing a rally of its own. Neuberger Berman's Kei Okamura discusses.

Fed Chair Jay Powell is warning of the risks of staying too high for too long, but our market guest is warning of a different risk, one he says Wall Street has its head in the sand on.He's here to tell us what it is and how he's positioning as a result. Plus, analysts are loving this recent IPO, with eight of them initiating coverage on the stock today. The one with the highest price target is here to make his case for a 60% upside from here. And if you think of top media and entertainment stocks, this one may not be top of mind, but it should be says Morgan Stanley's Ben Swinburne. He's here with the name, what makes it superior to the competition, and how much runway he sees ahead.

Investors closely watching Fed Chair Jay Powell's first day of testimony on Capital Hill. Rockefeller International's Ruchir Sharma breaks down the major takeaways for investors while Goldman's Lindsay Rosner talks the impact in the fixed-income market. Vistra is the third-best performing stock in the S&P 500 so far this year; CEO Jim Burke talks the AI demand story and what else is driving the company's growth. Plus, our Phil LeBeau on the wild swings in used car prices and Julia Boorstin is in in Sun Valley tracking moves in the media sector.

Fed Chair Jay Powell heads to Capitol Hill for two days of testimony. The New York Times' Jeanna Smialek tees up the event. Plus, Morgan Stanley's Mike Wilson is warning a 10% market correction is highly likely. Main Street Asset Management's Erin Gibbs gives her take. And, Jim Cramer says investors should focus on innovation, not market concentration. 2/13 Strategic Partners' Greg Sarian discusses.

Jim Bianco's conclusions from today's Fed meeting: - “get used to 3-4% inflation & 4-5% interest rates” - no signs of U.S. recession… the theory that the actual labor market is weaker than official payrolls is WRONG (Powell referenced this theory today) - with stock market at all-time highs, it's clear that the Fed hasn't broken anything yet - much more! Recorded this afternoon (June 12) shortly after conclusion of Fed Chair Jay Powell's press conference.

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision See omnystudio.com/listener for privacy information.

Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Ira Jersey, Bloomberg Intelligence Chief US Interest Rate Strategist, helps to recap comments from Fed Chair Jay Powell. Eric Martin, Bloomberg International Economic Reporter, discusses President Biden's China tariffs. Patrick Kennedy, Founding Partner at All Source Investment Management, discusses the current state of private credit, and private equity investments in sports teams. Drew Reading, Bloomberg Intelligence U.S Homebuilding Analyst, breaks down Home Depot earnings. Brian Collie, Global Leader: Automotive, at Boston Consulting Group, discusses electric vehicle adoption.Hosts: Paul Sweeney and Alix Steel See omnystudio.com/listener for privacy information.

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News Chief Correspondent for Global Macro Markets Liz McCormick and Bloomberg News International Economics & Policy Correspondent Michael McKee preview the release of the April consumer-price index on Wednesday that is poised to provide the biggest test yet of the rally that started this month when Fed Chair Jay Powell swatted away worries that the central bank may raise interest rates again. Steve Brown, Senior Portfolio Manager at American Century Investments, discusses investing in REITs. Bloomberg News US Semiconductor Reporter Ian King explains how the US and their allies are vying with China for semiconductor supremacy, powered by wave of domestic investment. And we Drive to the Close with Ben Beneche, Co-Founder and Portfolio Manager at Tourbillon. Hosts: Carol Massar and Bailey Lipschultz. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision See omnystudio.com/listener for privacy information.

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision See omnystudio.com/listener for privacy information.

A volatile session for stocks as investors weigh more comments from Fed Chair Jay Powell and tensions in the Middle East. Earnings from United, Interactive Brokers and JB Hunt. Interactive Brokers founder Thomas Peterffy on the latest quarter and what it means for the broader economy. Oakmark's Bill Nygren on his top value picks. Plus, Jon Alterman, Center for Strategic and International Studies Director of Middle East Program, on the latest signals from Israel and Iran.

 Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence Technology and Media Analyst Geetha Ranganathan, Bloomberg News Deals Reporter Crystal Tse and Jamie Lumley, Senior Analyst at Third Bridge Group, discuss Walt Disney Co. shareholders handing Chief Executive Officer Bob Iger a vote of confidence on Wednesday, rejecting dissident investor Nelson Peltz's bid for a board seat at the giant entertainment company. Bloomberg News Economics Editor Molly Smith breaks down Wednesday's comments from Fed Chair Jay Powell. Bloomberg Businessweek Senior Global Business Writer Devin Leonard shares the details of his Businessweek Magazine cover story ‘Bluey' Creator Is Worried About What's Next for $2 Billion Show. And we Drive to the Close with Alan Lancz, Research Director at LanczGlobal.com.Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

Bloomberg's Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decisionSee omnystudio.com/listener for privacy information.

Hear how the Fed's announcement of upcoming rate cuts could affect equity markets—particularly small-cap stocks.----- Transcript -----Welcome to Thoughts on the Market. I'm Mike Wilson, Chief Investment Officer and Chief U.S. Equity Strategist for Morgan Stanley. Along with my colleagues bringing me a variety of perspectives, I'll be talking about the latest trends in the financial marketplace. It's Monday, December 18th at 11 a.m. in New York. So let's get after it. Going into last week, the key question for investors was whether Fed Chair Jay Powell would push back on the significant loosening of financial conditions over the prior six weeks. Not only did he not push back, his message was consistent with the notion that the Fed is likely done hiking and will begin cutting interest rates next year. Markets took the change in guidance as an all clear sign to ramp up risk further. Given that policy rates are well into restrictive territory, the Fed likely doesn't want to wait to shift to more accommodative policy until it's too late to achieve a soft landing. That's a bullish outcome for stocks because it means the odds of a soft landing outcome have gone up even if this dovish shift also increases the risk of inflation reaccelerating. Given the price reaction to the news last week, it appears that markets are of the view that the Fed isn't making a policy mistake by shifting more dovish too soon. For investors looking to capitalize on this shift, it's important to note that markets started to price this dovish tilt back in November, with one of the sharpest declines in interest rates and loosening of financial conditions. As discussed in prior podcast, this accounted for most of the 15% rally in equity valuations over the past six weeks. While Powell's dovish shift has given investors a catalyst to pursue higher valuations, the markets may have moved in advance of last week's dovish transition. We think equity prices will now be more dependent on the effect that this dovish shift has on growth rather than valuations alone. If growth doesn't improve, the rally will run out of steam. If it does improve, there could be further to go in the upside and we would also see a change in market leadership and a broadening of stock performance. On that note, since the lows in October, small cap stocks have done better and breadth has improved. However, when looking at past cycles we find that smallcaps underperform both before and after Fed rate cuts. This speaks to the notion that the Fed typically cuts rates as nominal growth is slowing and small caps tend to be quite economically sensitive. Thus, the introduction of rate cuts may not drive sustainable outperformance for small caps or lower quality stocks by itself. However, if the earlier than anticipated dovish shift in the context of a still healthy economic backdrop can drive a cyclical rebound in nominal growth next year, small caps look compelling over a longer investment horizon. In our view, the probability of this outcome has gone up given last week's Fed meeting, but it's far from a slam dunk after such a strong rally. From here it'll be important to watch relative earnings revisions, high frequency macro data and small business confidence for signs that a more durable period of cap outperformance is coming. For now, relative earnings revisions remain negative for small caps and relative margin estimates have just recently taken another turn lower. Meanwhile, purchasing manager indices remain below the expansion contraction line of fifty and small business confidence remains low in a historical context and is yet to turn convincingly higher. That said, these indicators may now start to turn in a more favorable manner given last week's events. The bottom line, small caps and lower quality stocks have rallied sharply with the S&P 500 since October. We believe most of this outperformance is due to short covering and the seasonal tendency for the year's laggards to do better into the end of the year in January. For this trend to continue beyond that, we will need to see nominal GDP reaccelerate and for inflation to stabilize at current levels rather than fall further toward the Fed's target of 2%. While this may seem counterintuitive, we remind listeners that the average stock does better when inflation is rising, not falling and that may be what the market is now anticipating. Thanks for listening. If you enjoy Thoughts on the Market, please take a moment to rate and review us on the Apple Podcast app. It helps more people to find the show.