Podcasts about Federal Reserve

From short-term interest rates to long-term bond yields, the Fed's credibility is being tested. Global Head of Fixed Income Research Andrew Sheets discussed inflation, Federal Reserve Chair Kevin Warsh's outlook, and the options ahead.Read more insights from Morgan Stanley.----- Transcript -----Andrew Sheets: Welcome to Thoughts on the Market. I'm Andrew Sheets, Global Head of Fixed Income Research at Morgan Stanley. Today: Can the Fed hold the line? It's Wednesday, August 5th at 2pm in London. The Federal Reserve has a difficult job. The U.S. economy is a complex and varied ecosystem that covers everything from brain surgery to your burger order. The Fed is asked to keep prices stable and people employed using, for the most part, just one simple tool. A short-term interest rate, and without any control over what government policy or global events might bring. Currently, the Fed probably feels pretty good about its success with one half of this – in the job market, given that the unemployment rate is near historical lows. But it probably feels less successful about price stability. Over the last five years, overall prices in the U.S. economy have risen over 20 percent based on the Fed's preferred inflation measure. That's roughly double the increase that a goal of 2 percent annual inflation would otherwise bring. Into this complexity steps a new Fed chair, Kevin Warsh. He has emphasized two changes for his tenure. First, that inflation is too high and needs to come down. And second, that the Fed has historically communicated too much with the market, which Chair Warshkeep thinks has helped contribute to investors potentially taking too much risk while also restricting the Fed's options to act. What markets are now processing is a potential tension between these two goals. After all, high inflation is an immediate issue. In a world where the Fed is hoping to keep price increases at about 2 percent per year, their preferred measure, PCE inflation, is rising more than 3 percent on an annualized basis over the last three, six, and 12 months. In the latest ISM Manufacturing Survey, [the] measure of price increases among manufacturers is well above normal. In the face of that, one option for the Fed to combat this inflation would have been to raise interest rates. It didn't do that. Another would be to suggest that it was very close to taking action and likely to move soon. It didn't do that either. Indeed, our economists think that the market took Chair Warsh's lack of guidance and action at the most recent Fed's meeting to suggest a pretty high bar for rate hikes; and even the potential to redefine the Fed's 2 percent inflation target in favor of something more general and unspecified. The result was a market reaction that would suggest less focus on inflation. The prospects for rate hikes were reduced, the yield curve steepened, led by a sell-off of long-end yields, measures of expected inflation rose, and the U.S. dollar weakened. In the days since, markets have settled a bit. But the result is going to be a market that is now going to be much more sensitive to incoming inflation data. If that inflation data moderates in the second half of this year, as we at Morgan Stanley expect, then the Fed's approach could look justified – as the data suggests that neither action nor more communication about what they're going to do is necessary. But if inflation doesn't cooperate, the challenge becomes immediate. Christopher Waller, another member of the Fed, recently said that "Sternly staring at inflation until it melts before our withering gaze is not an option." The market will expect action and expect a framework explaining that action. Until that point, our rate strategists think that yield curves will continue to steepen. Thank you, as always, for your time. If you find Thoughts on the Market useful, let us know by leaving a review wherever you listen, and also tell a friend or colleague about us today.

Discover what the latest hiring report means. The latest employment reports are offering fresh clues about the direction of the U.S. economy, but the headlines don't tell the whole story. In this episode, we'll look beyond the surface to uncover what the labor market may be signaling for investors, the Federal Reserve, and the months ahead. Understanding these trends can help you make more informed investment decisions in an ever-changing economic environment. Are you on track for financial freedom...or not? Financial freedom is a combination of money, compounding and time (my McT Formula). How well you invest can make the biggest difference to your financial freedom and lifestyle. If you invested well for the long-term, what a difference it would make because the difference between investing $100k and earning 5 percent or 10 percent on your money over 30 years, is the difference between it growing to $432,194 or $1,744,940, an increase of over $1.3 million dollars. Your compounding rate, and how well you invest, matters!  INVESTING IS WHAT THE BE WEALTHY & SMART VIP EXPERIENCE IS ALL ABOUT - Invest in digital assets and stock ETFs for potential high compounding rates - Receive an Asset Allocation model with ticker symbols and what % to invest -Monthly LIVE investment webinars with Linda 10 months per year, with Q & A -Private VIP Facebook group with daily community interaction -Weekly investment commentary -Extra educational wealth classes available -Pay once, have lifetime access! NO recurring membership fees. -US and foreign investors are welcome -No minimum $ amount to invest -Tech Team available for digital assets (for hire per hour) For a limited time, enjoy a 50% savings on my private investing group, the Be Wealthy & Smart VIP Experience. Pay once and enjoy lifetime access without any additional recurring fees. Pay once and you're done! Invest with our successful community for years to come. Enter "SAVE50" to save 50% here: http://tinyurl.com/InvestingVIP Or set up a complimentary conversation to answer your questions about the Be Wealthy & Smart VIP Experience. Request an appointment to talk with Linda here: https://tinyurl.com/TalkWithLinda (yes, you talk to Linda!). SUBSCRIBE TO BE WEALTHY & SMART Click Here to Subscribe Via iTunes Click Here to Subscribe Via Stitcher on an Android Device Click Here to Subscribe Via RSS Feed LINDA'S WEALTH BOOKS 1. Get my book, "3 Steps to Quantum Wealth: The Wealth Heiress' Guide to Financial Freedom by Investing in Cryptocurrencies". 2. Get my book, "You're Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!" Men love it too! After all, you are Wealth Heirs. :) International buyers (if you live outside of the US) get my book here. WANT MORE FROM LINDA? Check out her programs. Join her on Instagram. WEALTH LIBRARY OF PODCASTS Listen to the full wealth library of podcasts from the beginning.  SPECIAL DEALS #Ad Apply for a Gemini credit card and get FREE XRP back (or any crypto you choose) when you use the card. Charge $3000 in first 90 days and earn $200 in crypto rewards when you use this link to apply and are approved: https://tinyurl.com/geminixrp This is a credit card, NOT a debit card. There are great rewards. Set your choice to EARN FREE XRP! #Ad Protect yourself online with a Virtual Private Network (VPN). Get 3 MONTHS FREE when you sign up for a NORD VPN plan here.  #Ad To safely and securely store crypto, I recommend using a Tangem wallet. Get a 10% discount when you purchase here. #Ad If you are looking to simplify your crypto tax reporting, use Koinly. It is highly recommended and so easy for tax reporting. You can save $20, click here. Be Wealthy & Smart,™ is a personal finance show with self-made millionaire Linda P. Jones, America's Wealth Mentor.™ Learn simple steps that make a big difference to your financial freedom.  (This post contains affiliate links. If you click on a link and make a purchase, I may receive a commission. There is no additional cost to you.)  

Jason features Darius Dale, founder of 42 Macro, who provides a sophisticated analysis of the current economic landscape and its impact on interest rates. Dale argues that investors expecting mortgage rates to decline significantly will be disappointed, as structural shifts in global savings and a move toward easier monetary policy may perversely drive long-term yields higher. He introduces the concept of "play action pass" to describe a Federal Reserve that might briefly tighten rates to gain credibility before pivoting to a dovish stance by late 2026. The discussion also explores geopolitical tensions in the Middle East and new leadership at the Fed, suggesting these factors contribute to a regime of persistent inflation. Ultimately, Dale emphasizes that housing affordability will remain a long-term challenge due to a global capital shortage and the Fed's changing strategy.   Key Takeaways: Jason's editorial 0:00 Regardless of the environment 3:44 US single-family rental vacancy rate 5:32 Cost Segregation on the proforma in PropertyTracker.com 7:33 Home Equity Investment EquityLiberation.com 11:30 Speak to your Investment Counselors 1-800-Hartman Ext. 2 12:22 A note on housing inventory and affordability   Darius Dale interview 15:58 Wall Street risk management 18:23 Interest rates will eventually break the LOCK-IN effect 26:45 The 'non-plan' of Kevin Warsh 31:50 What do you mean "interest rates" 33:54 Timing and the mortgage rates 39:21 The Trump factor 43:01 War and Wages 48:44 Housing Affordability 55:39 Conclusion and Accessibility of Research Get your FREE PropertyTracker.com account and join our FREE Masterclass every Wednesday EmpoweredInvestor.com/Wednesday http://equityliberation.com/ Reach out to our Investment Counselors 1-800- HARTMAN Ext. 2      _______________________________________________________________ Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://empoweredinvestor.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: https://empoweredinvestor.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: https://empoweredinvestor.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://empoweredinvestor.com/deals Special Offer from Ron LeGrand: https://empoweredinvestor.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com    

There are some earnings surprises as we focus on a pivotal week for the markets, highlighted by major earnings reports, the Federal Reserve's latest meeting, and growing signs of market divergence beneath the surface. Microsoft and Amazon delivered strong results driven by cloud and AI-related growth, while Apple and Meta faced significant selloffs. We also examine how the Nasdaq has broken below an important trading range, making the coming weeks critical for determining whether technology stocks can resume leadership or face a deeper correction. We talk the rising long-term interest rates, signs of stagflation, weakening economic growth, elevated inflation, shrinking consumer savings, and growing concerns about market concentration as a handful of mega-cap stocks continue to mask weakness across the broader market. Investors should focus on strong fundamentals and cash-generating businesses rather than chasing popular stocks with weak growth prospects. Today we discuss...  The market-moving impact of a busy week featuring Federal Reserve decisions, major earnings reports, and heightened market volatility. How Microsoft and Amazon posted strong earnings while Apple and Meta saw sharp post-earnings declines, highlighting increasing investor selectivity. Why AI enthusiasm alone is no longer enough and why companies are being rewarded based on execution and profitability. The collapse of a highly leveraged AI-focused hedge fund and what it reveals about leverage and institutional trading on Wall Street. How rising long-term Treasury yields and a more hawkish Federal Reserve are creating additional pressure on stocks and corporate borrowing. Growing signs of stagflation as economic growth slows while inflation remains stubbornly elevated. Weakening consumer finances, including falling savings rates and the impact of persistent inflation on household budgets. How a small number of mega-cap technology stocks continue to mask weakness across the broader stock market. Increasing risks in global markets, including currency volatility, Japan's interest rate outlook, and weakness in South Korea's market. The outlook for gold, Bitcoin, bonds, and other asset classes as investors navigate an increasingly uncertain environment. Why investors should remain patient, focus on strong cash-generating businesses, and avoid chasing expensive stocks without solid underlying growth.   Today's Panelists: Kirk Chisholm | Innovative Wealth Douglas Heagren | Mergent College Advisors Follow on Facebook: https://www.facebook.com/moneytreepodcast Follow LinkedIn: https://www.linkedin.com/showcase/money-tree-investing-podcast Follow on Twitter/X: https://x.com/MTIPodcast For more information, visit the full show notes at https://moneytreepodcast.com/earnings-surprises-839 

Former Fed Chair and former Treasury Secretary Janet Yellen discusses Kevin Warsh's new regime at the Federal Reserve and the persistent inflation in the United States. After the first U.S. intervention in the Japanese yen in decades, she discusses global economic stability and the changes still to come, thanks to AI. Uber CEO Dara Khosrowshahi discusses the road ahead for autonomous vehicles and safety after Uber reported weaker-than-expected second quarter results and guidance. Plus, SpaceX's spending surge has rattled investors, the markets are digesting news of a potential deal with Iran, and Chipotle's jalapenos are causing concern.    Morgan Brennan - 8:31  Janet Yellen - 20:43  Dara Khosrowshahi - 35:41    In this episode: Dara Khosrowshahi, @dkhos Morgan Brennan, @MorganLBrennan Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin 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.

The market is moving fast, and this week we're breaking down the biggest stories every investor needs to know. From Palantir and AMD earnings to Amazon's rebound and the future of AI chip stocks, we explain what's driving the market and where the biggest opportunities could be heading.We also discuss the collapse of Leopold Aschenbrenner's fund, whether Federal Reserve policy or corporate earnings will have the biggest impact over the next 12 months, and which stocks we believe are still flying under the radar. Plus, we debate whether traditional investing rules still apply in today's AI-driven market.Whether you're a long-term investor or an active trader, this episode is packed with market insights, investing strategies, and actionable ideas to help you stay ahead. Be sure to like, subscribe, and share your biggest takeaway in the comments.#MarketMondays #Investing #Stocks #StockMarket #Palantir #AMD #Amazon #ArtificialIntelligenceAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Will the Federal Reserve provide less guidance on interest rates going forward? On today's Squawk on the Street, we examine what a shift in Fed communication could mean for markets with Mohamed El-Erian. Plus, Caterpillar and Palantir rally after their latest results. What Palantir CEO Alex Karp told CNBC. And we look ahead to SpaceX's first earnings report as a public company, with one analyst who says the stock is a buy. 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.

Your morning briefing. All the news you need to start your day.On today's podcast:(1) HSBC announced a fresh stock buyback and raised its cost-cutting target as it reported second-quarter earnings that beat estimates despite China’s crackdown on cross-border wealth flows.(2) The Rhine River’s water levels dropped to the lowest in nearly 150 years as hot, dry weather grips Europe, threatening to disrupt a crucial route for transporting coal, fuel and industrial commodities across a large swath of the continent. (3) President Donald Trump said his latest offer of talks is a “last chance” for Iran after he called off what he said was a major attack on the Islamic Republic.(4) The Iran war's impact is unfolding across Asia and it's visible from space. Bloomberg Economics analysis of NASA satellite imagery found that nearly 60% of the land area in the region experienced abnormal declines in nighttime radiance since the conflict began.(5) The EU will try to restore unity today at a meeting of home affairs ministers, after Spain's migrant crisis exposed deep divisions within the bloc.(6) Treasury Secretary Scott Bessent’s call for the Federal Reserve to boost a facility that Japan can use to support its currency has put renewed attention on the ties between the two institutions, which typically operate at arm’s length.(7) Apple is yet again challenging the UK government in court over its attempts to access the encrypted data of customers, including iPhone users, according to two people familiar with the matter.Podcast Conversation: Americans Are Rethinking Their Love Affair With Plant MilksSee omnystudio.com/listener for privacy information.

John Tamny, author of The Money John Tamny, author of The Money Confusion: How a Literacy About Currencies and Inflation Sets the Stage for the Crypto Revolution, provides an unconventional analysis of money, arguing that its only purpose is to circulate consumable goods as a product of specialized labor. Drawing on Adam Smith's principles, he asserts that wealth is created through the division of labor and that money is simply an agreement about value between producers. Tamny contends that current fears of "inflation" are misguided; he defines real inflation as a deliberate devaluation of currency by policy choice, such as the 1971 delinking of the dollar from gold. The book argues that the high prices seen after 2020 were caused by the economic destruction of lockdowns, not an excess of money. Tamny is highly critical of the Federal Reserve, claiming it has no real power over growth or interest rates for startups, as true credit always finds talent regardless of central bank fiddling. He uses Elon Musk as a recurring example of an innovator whose success in companies like PayPal and SpaceX was driven by venture capital and risk-takers rather than traditional banks. Tamny envisions a crypto revolution where private, stable money replaces failed government currencies. He suggests that the recent volatility in crypto is a healthy "shaking out" of the market, paving the way for mature, information-based money systems. He speculates that Musk may eventually use Twitter to launch a global, stable cryptocurrency, finally fulfilling the vision of a "global financial supermarket." (5)Confusion: How a Literacy About Currencies and Inflation Sets the Stage for the Crypto Revolution, provides an unconventional analysis of money, arguing that its only purpose is to circulate consumable goods as a product of specialized labor. Drawing on Adam Smith's principles, he asserts that wealth is created through the division of labor and that money is simply an agreement about value between producers. Tamny contends that current fears of "inflation" are misguided; he defines real inflation as a deliberate devaluation of currency by policy choice, such as the 1971 delinking of the dollar from gold. The book argues that the high prices seen after 2020 were caused by the economic destruction of lockdowns, not an excess of money. Tamny is highly critical of the Federal Reserve, claiming it has no real power over growth or interest rates for startups, as true credit always finds talent regardless of central bank fiddling. He uses Elon Musk as a recurring example of an innovator whose success in companies like PayPal and SpaceX was driven by venture capital and risk-takers rather than traditional banks. Tamny envisions a crypto revolution where private, stable money replaces failed government currencies. He suggests that the recent volatility in crypto is a healthy "shaking out" of the market, paving the way for mature, information-based money systems. He speculates that Musk may eventually use Twitter to launch a global, stable cryptocurrency, finally fulfilling the vision of a "global financial supermarket." (5)1870 manhattan                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                

In this week's stock market outlook, Matt breaks down the technical battle facing the S&P 500 and NASDAQ, reviews the biggest winners and losers of earnings season, and grades Kevin Warsh's performance as Federal Reserve Chair following the latest Fed meeting. The bulls reclaimed an important trend line, but the broader trend still needs confirmation. Matt identifies the resistance levels required for a legitimate breakout, the support zones traders must defend, and the signals coming from RSI and MACD heading into the new trading week. Earnings growth has been exceptional, but the market has not rewarded every company that beat expectations. Matt reviews the best and worst reports of the season, separates true operating strength from headline distortions, and explains what the results mean for technology and the broader market. The Federal Reserve held interest rates steady following a contentious meeting. Matt breaks down the decision, the dissents, Kevin Warsh's communication strategy, and whether the new Fed Chair has earned a passing grade so far. • The S&P 500 breakout test and key market levels • Earnings season growth, market reactions, and major surprises • The strongest and weakest earnings reports • The Federal Reserve's latest interest rate decision • Kevin Warsh's first report card as Fed Chair • Precision Trader and the upcoming Master Trader series

Bitcoin starts the week holding firm as macro risks begin to ease, with oil plunging after President Trump once again pauses strikes on Iran and attention shifting back to economic data and the Federal Reserve. The show breaks down Scott Bessent's comments on U.S.-Japan currency intervention, the $90 million Coldcard hardware wallet exploit and what it means for the self-custody debate, Trump's new $100,000 Truth Social API for institutional traders, and why this week's earnings from Palantir, AMD, and SpaceX could shape the next phase of the AI trade. It also covers Bithumb's IPO plans and the key macro events to watch throughout the week. Learn more about your ad choices. Visit megaphone.fm/adchoices

Why does everything still feel so expensive?In this week's episode of This Week's Economy, I connect the dots between inflation, tariffs, housing, the Federal Reserve, and entrepreneurship to explain why affordability remains the defining economic issue facing American families.The lesson is simple: affordability isn't created by government spending more. It's created by policies that expand production, encourage investment, and let people prosper.

Non-QM lenders see opportunity in stricter condominium underwriting standards introduced by the FHFA, while broader markets continue to underscore the premium value of timely information, highlighted by reports of potential changes to the Fed's meeting schedule and the launch of a subscription service offering paying clients early access to market-moving Truth Social posts. Plus, Robbie interviews Aon's John Dickson on the evolution of disaster modeling and how it is impacting the mortgage industry from origination through the capital markets. And we close by examining Treasury and MBS market stability in the wake of last week's Federal Reserve meeting.Welcome to The Chrisman Commentary, your go-to daily mortgage news podcast, where industry insights meet expert analysis. Hosted by Robbie Chrisman, this podcast delivers the latest updates on mortgage rates, capital markets, and the forces shaping the housing finance landscape. Whether you're a seasoned professional or just looking to stay informed, you'll get clear, concise breakdowns of market trends and economic shifts that impact the mortgage world.Thank you to Figure. Figure is shaking up the lending world with their five-day HELOC, offering borrower approvals in as little as five minutes and funding in five days. Figure has hundreds of partners in the Banking, Credit Union, Home Improvement, and of course, IMB space embedding their technology. 

On this episode of the Excess Returns Weekly Wrap, Jack Forehand and Matt Zeigler examine how the AI capital spending boom, an unpredictable Federal Reserve, reduced corporate reporting and factor investing are reshaping markets.They break down Ben Hunt's warning about private credit and AI infrastructure, Cameron Dawson and Dave Nadig on the loss of Fed forward guidance, Wes Gray on why value may matter more than company size, and Rupert Mitchell on the rate hike that could end the cycle.Topics covered:Why the AI capital spending boom is forcing hyperscalers to borrow money and issue equityHow private credit and private equity are financing the AI infrastructure buildoutWhy a slowdown in AI CapEx could create broader financial system riskHow government borrowing and AI investment are crowding out capital and pushing interest rates higherThe impact of data center electricity demand on consumers and the broader economyHow Kevin Warsh's no-forward-guidance policy changes Federal Reserve expectationsWhy greater front-end interest rate volatility matters for floating-rate debt and private creditThe debate over replacing quarterly corporate reports with six-month reportingWes Gray's argument that value, not small-company size, is the real source of higher expected returnsRupert Mitchell's death shot framework for how a final central bank rate hike can end a market cycleTimestamps:00:00 AI spending, Fed uncertainty and this week's market themes05:07 How the AI buildout crowds out capital across the economy10:44 No Fed forward guidance and a new era of policy uncertainty15:48 Why six-month corporate reporting could hurt investors20:30 Wes Gray on the small-cap premium24:42 Why value matters more than company size28:57 How a surprise rate hike could break risk assets34:05 Global value investing and pairing different investor perspectivesLearn more about the Excess Returns podcast network:https://excessreturns.coNo information discussed in this podcast should be construed as investment advice. Securities discussed may be held by the hosts and guests, their firms or their clients.

Mortgage rates, oil prices, and inflation just collided again. In this video I break down today's mortgage rate forecast, why oil crashing is moving inflation and interest rates, and what the Federal Reserve's next meeting could mean for your rate.If you're a homebuyer, homeowner, or realtor trying to figure out why rates move the way they do, this is the video that connects the dots. I walk through today's mortgage bond market chart, explain exactly how oil prices drive inflation and mortgage rates, and preview the economic data coming out this week that could push rates higher or lower.In this episode I cover: Why oil crashing is good news for mortgage rates and what could reverse it How oil prices, inflation, and interest rates are all connected This week's key economic reports: PMI, JOLTS, ADP payrolls, jobless claims, and the unemployment rate The Federal Reserve's current rate hike probability heading into the next meeting What I'm personally telling my clients right now about locking or floating their rate For more on how oil prices and inflation are shaping the mortgage market, check out my full breakdown on the blog: How Oil Prices Are Moving Mortgage Rates Right Now at therateupdate.com/blog

Markets are entering a pivotal week as investors brace for another wave of corporate earnings and a closely watched US jobs report that could shape expectations for Federal Reserve policy. Michelle Martin examines why Bank of America is bullish on Spotify and Ralph Lauren ahead of earnings, the diverging fortunes of Apple and Amazon, and what results from Palantir, AMD, Disney, Uber and Airbnb could reveal about AI, consumer spending and travel demand. She also looks at Berkshire Hathaway's steady rise, Nio's strong vehicle deliveries, the Straits Times Index's impressive July performance, the debate over Great Eastern's rally, and why the latest Spider-Man blockbuster is proving that the right franchise can still deliver box office magic.See omnystudio.com/listener for privacy information.

Sul ring vince chi incassa.Nei mercati, come nella boxe, non vince chi promette il colpo più forte.Vince chi resta in piedi quando arrivano i pugni veri.In questo nuovo episodio di Inside Value, Roberto Russo accompagna gli ascoltatori dentro una settimana borsistica fatta di round diversi, ma con un solo verdetto:il mercato ha smesso di premiare soltanto le promesse e ha ricominciato a guardare alla cassa.Parleremo del caso Situational Awareness, hedge fund nato nel 2025 e cresciuto rapidamente grazie alle scommesse sulla filiera dell'intelligenza artificiale, prima di essere colpito duramente dalla leva finanziaria e dalle margin call.Analizzeremo poi il confronto tra Federal Reserve e mercato obbligazionario, con il Treasury trentennale ai massimi da vent'anni e un messaggio chiaro per aziende e investitori: quando il denaro torna ad avere un prezzo, servono utili veri e bilanci solidi.Al centro della puntata anche le trimestrali dei grandi pesi massimi della tecnologia: Microsoft, Amazon, Meta e Apple.Microsoft e Amazon hanno convinto il mercato grazie alla combinazione tra crescita, cloud e disciplina negli investimenti.Meta, invece, ha mostrato il lato più delicato della corsa all'AI: ricavi record, ma free cash flow in forte calo. Apple ha firmato un trimestre storico, ma non abbastanza per soddisfare aspettative ormai altissime.Parleremo anche della rotazione sui semiconduttori e degli investimenti globali nell'intelligenza artificiale, destinati a superare i 1.000 miliardi di dollari nel 2027.La domanda resta una sola: quanta di questa capacità di spesa riuscirà davvero a trasformarsi in ritorni sostenibili?Un episodio dedicato a chi vuole guardare oltre le promesse del mercato e capire chi, davvero, sta generando valore.Perché nei mercati il pugno può arrivare da dove meno te lo aspetti: un rialzo dei tassi, una trimestrale sotto le attese o una margin call nel cuore della notte.E alla fine non conta chi colpisce più forte nei round facili.Conta chi resta in piedi quando il vento cambia.Se volete approfondire i temi di questa puntata, trovate la newsletter sul sito Il Valore Conta, a cura di Roberto Russo e Filippo Pasini.Per maggiori informazioni: info@ilvaloreconta.itQuesto podcast ha finalità esclusivamente informative e divulgative.Non costituisce consulenza finanziaria né raccomandazione di investimento.Le opinioni espresse riflettono il punto di vista degli autori.Buon ascolto.

On this episode of our new market wrap show Last Call, we examine the hidden rotation beneath calm stock market indexes, including sharp AI and semiconductor volatility, small-cap strength, forced fund liquidations, higher rates and changing Federal Reserve guidance. Jack Forehand and Matt Zeigler are joined by Jim Paulsen, Ben Hunt, Brent Kochuba, Cameron Dawson and Dave Nadig to discuss stock market correction risk, the economics of the AI data center buildout, options flows, market leverage, regulation and what could drive volatility next.Follow Last Call on Spotify⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow Last Call on Apple Podcasts⁠Topics coveredWhy market indexes can hide sharp rotation, dispersion and volatility in semiconductors and high-beta technology stocksJim Paulsen's Policy Pain framework linking oil, Treasury yields, dollar strength and lagged effects on stocks, bonds and economic growthWhy technology stocks could enter a bear market while old-economy sectors, small caps and value stocks hold upBen Hunt's World War AI thesis comparing the AI infrastructure buildout with inflation-adjusted World War II spendingHow hyperscalers, equity issuance, private credit and government financing could crowd out consumers and businessesWhy data centers could consume nearly one quarter of U.S. electricity and lead to higher prices, rationing and government interventionWhat the Situational Awareness fund liquidation and Citadel portfolio transaction reveal about forced market flowsHow options correlations and narrow market breadth can separate a technical rebound from a fundamental AI bottomRisks from speculative retail investments, weakened regulators, leverage and cyclical semiconductor profit marginsWhy reduced Fed forward guidance could create surprise policy decisions and greater algorithmic market volatilityTimestamps00:00 Market rotation and AI volatility beneath the indexes04:07 Jim Paulsen on Policy Pain and market vulnerability09:23 Why tightening hurts stocks before helping bonds14:23 Tech bear market risk and a possible leadership shift18:23 Ben Hunt on World War AI, private credit and systemic risk26:00 Data center electricity demand and the energy constraint31:29 Brent Kochuba on the Situational Awareness liquidation36:00 The forced buying behind the AI stock rebound40:00 Why the liquidation bounce may not signal an AI bottom44:00 How forced flows distort fundamental market narratives48:00 Retail investing pitches, liquidity and cycle FOMO52:00 Deregulation by destaffing at the SEC and CFTC56:00 Semiconductor operating leverage and fragile S&P 500 margins01:00:07 Jack's grievance with the YouTube algorithm01:04:29 What happens when the Fed stops giving forward guidance01:08:34 How markets could react to a surprise Fed decisionLearn more about the Excess Returns podcast network:⁠https://excessreturns.co⁠No information discussed in this podcast should be construed as investment advice. Securities discussed may be held by the hosts and guests, their firms or their clients.

In this episode of WSJ's Take On the Week, co-host Telis Demos is joined by guest co-host and Wall Street Journal reporter David Uberti to break down the Federal Reserve's latest moves, and what oil's volatile pricing—exacerbated by the U.S.-Iran conflict—might mean for inflation and the Fed going forward.  Then, BCA Research's chief commodities strategist Roukaya Ibrahim joins the show to break down what's behind oil's volatile pricing. They discuss what current geopolitical tensions mean for oil and whether recent inventory data suggests a looming supply crunch. Plus, Ibrahim explains why the traditional link between gold and inflation has fractured, and how oil price shocks may impact the Fed. This is WSJ's Take On the Week where co-hosts Telis Demos, writer for WSJ's Heard on the Street, and Miriam Gottfried, WSJ's investing and wealth management reporter, cut through the noise and dive into markets, the economy and finance—the big trades, key players and business news ahead. Have an idea for a future guest or episode? How can we better help you take on the week? We'd love to hear from you. Email the show at takeontheweek@wsj.com. To watch the video version of this episode, visit our WSJ Podcasts YouTube channel or the video page of WSJ.com Further Reading Kevin Warsh Asked the Market to Speak. It Answered. Two Wars Put Stranglehold on Global Energy Supplies U.S. Emergency Oil Reserve Hits Lowest Levels Since 1983: Why It Matters For more coverage of the markets and your investments, head to WSJ.com, WSJ's Heard on The Street Column, and WSJ's Live Markets blog. Sign up for the WSJ's free Markets A.M. newsletter.  Follow Miriam Gottfried here and Telis Demos here.   Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

On this week's Week in Review, Dave Spano and Dr. Brian Jacobsen unpack a market-moving week that proved investors are still hanging on every word from the Federal Reserve. While the Fed left interest rates unchanged, markets reacted sharply as investors parsed what Chair Powell said, and didn't say, about inflation, growth, and the path forward. Meanwhile, earnings season delivered a tale of two tech stories. Microsoft and Amazon validated the AI investment boom with blockbuster results, while Meta and Apple faced tougher scrutiny as investors questioned spending levels, growth expectations, and execution. Dave and Brian also cover the latest developments in oil prices, economic data, consumer behavior, and the earnings trends shaping markets. Plus, practical conversations on gifting money and a question that deserves more attention: when should retirement planning really begin? The answer may be sooner than you think.

Between Microsoft, Meta, Apple and Amazon, who emerged from a big week for tech earnings unscathed? And how did Jersey Mike's stock trade post-IPO? Plus, why did Universal Music Group lose a quarter of its value? Host Shradha Dinesh discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Between Microsoft, Meta, Apple and Amazon, who emerged from a big week for tech earnings unscathed? And how did Jersey Mike's stock trade post-IPO? Plus, why did Universal Music Group lose a quarter of its value? Host Shradha Dinesh discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

00:00:00 – Global-war dread hangs over the opening 00:04:55 – Russian missile crashes inside Poland 00:09:49 – Ukraine strikes an Iranian ship in the Caspian 00:14:42 – Saudi Arabia builds a Red Sea defense bloc 00:19:36 – China's robot army fuels a new threat panic 00:23:43 – Migrants overwhelm Spain's African enclaves 00:32:45 – The Spain crisis turns toward Israel and Morocco 00:37:44 – Tucker frames regional wars as deliberate destabilization 00:42:40 – Israel and Spain trade threats over the enclave crisis 00:47:19 – Spain's Jewish history enters the modern conflict 00:52:16 – The Gates of Toledo revive religious-war comparisons 00:57:08 – Mass migration sparks Spanish civil-war fears 01:03:55 – A clip maps Morocco's migration blackmail strategy 01:07:32 – A caller defends Franco and the Reconquista 01:12:19 – Usury leads the call into central banking 01:16:42 – The Federal Reserve faces a constitutional attack 01:20:15 – Liberal empathy takes blame for social collapse 01:25:08 – Discord and gaming break the tension 01:29:40 – The poisoned water-car inventor mystery returns 01:33:19 – Fauci pleads the Fifth under Senate pressure 01:38:14 – Bill Gates' nuclear clearance draws suspicion 01:42:04 – Mosquito nets allegedly wreck African fisheries 01:46:41 – Fauci's pandemic record gets a furious reckoning 01:51:36 – Masks, AZT and Fauci's HIV-era legacy 01:54:40 – Positive advice closes a bleak show Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research ▀▄▀▄▀ CONTACT LINKS ▀▄▀▄▀ ► Website: http://obdmpod.com ► Twitch: https://www.twitch.tv/obdmpod ► Full Videos at Odysee: https://odysee.com/@obdm:0 ► Twitter: https://twitter.com/obdmpod ► Instagram: obdmpod ► Email: ourbigdumbmouth at gmail ► RSS: http://ourbigdumbmouth.libsyn.com/rss ► iTunes: https://itunes.apple.com/us/podcast/our-big-dumb-mouth/id261189509?mt=2  

This weekend, three segments from this past week's Washington Journal. First, Punchbowl News Senior Financial Services Reporter Brendan Pedersen reacts to the week's economic news and the Federal Reserve's decision to hold interest rates steady this week. Then, a conversation with White House trade adviser Peter Navarro ahead of Dr. Anthony Fauci's contentious senate hearing earlier this week. Finally, Former NATO Ambassador Kurt Volker gives us his take on where we are in the nearly 5-month war with Iran and the U.S. role in the ongoing Russia-Ukraine conflict. Learn more about your ad choices. Visit megaphone.fm/adchoices

 Chris Markowski, the Watchdog on Wall Street, discusses the current financial landscape, emphasizing the importance of understanding market dynamics, the role of the Federal Reserve, and the impact of government intervention on economic growth. He critiques financial journalism for its lack of accountability and stresses the need for financial literacy and personal responsibility in investing. Markowski also explores the commodification of financial news and how advertising influences coverage, urging listeners to take ownership of their financial decisions.

Discover the latest economic update. Second-quarter GDP grew at a slower-than-expected annual rate of 1.5%, but much of the weakness came from temporary factors like lower inventories and reduced government spending rather than a broad slowdown in the private economy. Consumer spending remained strong, inflation continued to ease on a monthly basis, and private-sector demand was robust. While the Federal Reserve is still waiting for inflation to move closer to its 2% target before cutting rates, the underlying economic picture remains healthier than the headline GDP number suggests. Key Takeaways GDP grew 1.5% in the second quarter, below expectations. Consumer spending accelerated to 2.1%, showing continued economic resilience. Final sales to private domestic purchasers rose a strong 3.9%, highlighting solid underlying demand. Core PCE inflation eased to 0.1% for the month but remains 3.3% year-over-year, above the Fed's target. The Fed is likely to remain patient on interest rates until inflation shows more sustained improvement. The personal savings rate fell to 2.7%, its lowest level in four years, suggesting consumers are relying more on savings to maintain spending. Are you on track for financial freedom...or not? Financial freedom is a combination of money, compounding and time (my McT Formula). How well you invest can make the biggest difference to your financial freedom and lifestyle. If you invested well for the long-term, what a difference it would make because the difference between investing $100k and earning 5 percent or 10 percent on your money over 30 years, is the difference between it growing to $432,194 or $1,744,940, an increase of over $1.3 million dollars. Your compounding rate, and how well you invest, matters!  INVESTING IS WHAT THE BE WEALTHY & SMART VIP EXPERIENCE IS ALL ABOUT - Invest in digital assets and stock ETFs for potential high compounding rates - Receive an Asset Allocation model with ticker symbols and what % to invest -Monthly LIVE investment webinars with Linda 10 months per year, with Q & A -Private VIP Facebook group with daily community interaction -Weekly investment commentary -Extra educational wealth classes available -Pay once, have lifetime access! NO recurring membership fees. -US and foreign investors are welcome -No minimum $ amount to invest -Tech Team available for digital assets (for hire per hour) For a limited time, enjoy a 50% savings on my private investing group, the Be Wealthy & Smart VIP Experience. Pay once and enjoy lifetime access without any additional recurring fees. Pay once and you're done! Invest with our successful community for years to come. Enter "SAVE50" to save 50% here: http://tinyurl.com/InvestingVIP Or set up a complimentary conversation to answer your questions about the Be Wealthy & Smart VIP Experience. Request an appointment to talk with Linda here: https://tinyurl.com/TalkWithLinda (yes, you talk to Linda!). SUBSCRIBE TO BE WEALTHY & SMART Click Here to Subscribe Via iTunes Click Here to Subscribe Via Stitcher on an Android Device Click Here to Subscribe Via RSS Feed LINDA'S WEALTH BOOKS 1. Get my book, "3 Steps to Quantum Wealth: The Wealth Heiress' Guide to Financial Freedom by Investing in Cryptocurrencies". 2. Get my book, "You're Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!" Men love it too! After all, you are Wealth Heirs. :) International buyers (if you live outside of the US) get my book here. WANT MORE FROM LINDA? Check out her programs. Join her on Instagram. WEALTH LIBRARY OF PODCASTS Listen to the full wealth library of podcasts from the beginning.  SPECIAL DEALS #Ad Apply for a Gemini credit card and get FREE XRP back (or any crypto you choose) when you use the card. Charge $3000 in first 90 days and earn $200 in crypto rewards when you use this link to apply and are approved: https://tinyurl.com/geminixrp This is a credit card, NOT a debit card. There are great rewards. Set your choice to EARN FREE XRP! #Ad Protect yourself online with a Virtual Private Network (VPN). Get 3 MONTHS FREE when you sign up for a NORD VPN plan here.  #Ad To safely and securely store crypto, I recommend using a Tangem wallet. Get a 10% discount when you purchase here. #Ad If you are looking to simplify your crypto tax reporting, use Koinly. It is highly recommended and so easy for tax reporting. You can save $20, click here. Be Wealthy & Smart,™ is a personal finance show with self-made millionaire Linda P. Jones, America's Wealth Mentor.™ Learn simple steps that make a big difference to your financial freedom.  (This post contains affiliate links. If you click on a link and make a purchase, I may receive a commission. There is no additional cost to you.)  

Plus: Amazon shares surge after cloud-computing sales accelerate. And Universal Music Group stock slumps after weak earnings. Alex Ossola hosts. Sign up for WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The latest developments surrounding hedge fund Situational Awareness and what they could mean for AI investors. And we break down earnings from Apple and Amazon, highlighting the biggest takeaways for Big Tech, capex outlook, and the next phase of the AI trade. Plus, Dallas Fed President Lorie Logan explains her dissent from the Federal Reserve's latest policy decision, offering insight into the debate over the path of interest rates. 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.

Michael Strain of the American Enterprise Institute and colleague Matt Colyar join the Inside Economics crew to unpack a blockbuster week for the U.S. economy. A bizarre FOMC meeting, fresh GDP and inflation data, new readings on consumers, and financial market gyrations offered plenty to discuss. The group debates what it all means, where the economy is likely to head from here, and of course, play the numbers game. Guest: Michael Strain, Director of Economic Policy Studies, American Enterprise Institute Hosts: Mark Zandi – Chief Economist, Moody's Analytics, Cris deRitis – Deputy Chief Economist, Moody's Analytics, and Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody's Analytics Follow Mark Zandi on 'X' and BlueSky @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn Questions or Comments, please email us at InsideEconomics@moodys.com. We would love to hear from you. To stay informed and follow the insights of Moody's Analytics economists, visit Economic View. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Josh opens the show by discussing the disturbing scenes unfolding in Spain as tens of thousands of illegal migrants, many of them Muslims, continue entering the country. Josh explains why he believes Europe's immigration crisis serves as a warning for the United States and argues that many Democrats would pursue similar policies if given the chance. He also highlights how President Trump secured the southern border and why voters shouldn't forget the contrast in border policies. Next, E.J. Antoni, Chief Economist at The Heritage Foundation, joins Josh to break down the latest on tariffs and what they mean for your wallet. The two also discuss the Federal Reserve's decision to hold interest rates steady, what the latest economic data says about the health of the U.S. economy, and what Americans should expect in the months ahead. Josh also discusses the confirmation process for Acting Attorney General Todd Blanche, explaining where things stand in the Senate and why confirming Blanche is important for the Trump administration's agenda. Finally, Frank Gaffney, President, Institute for the American Future, joins Josh to discuss the latest developments involving Iran. The two examine the continued challenges posed by the Iranian regime, growing concerns over its actions, and what the next steps should be for the United States as tensions continue to escalate.See omnystudio.com/listener for privacy information.

Andrew and Rudyard open the show by examining the competing priorities confronting Prime Minister Carney's government. On one hand is the immediate geopolitical imperative: reducing Canada's dependence on a U.S. trading partner that President Trump has shown a willingness to weaponize, making export diversification an urgent national priority. On the other is the growing threat of climate change, underscored by devastating wildfires in Canada and across Europe. Carney appears to have concluded that geopolitical security must come first, pushing climate policy down the agenda. But can he do so without alienating a significant portion of the Liberal coalition, for whom climate action remains a defining issue? In the second half of the show, Andrew and Rudyard turn to new U.S. Federal Reserve Chair Kevin Warsh's first significant decision: keeping interest rates unchanged for a seventh consecutive month. Markets reacted sharply, with investors selling off 30-year Treasury bonds and pushing yields to a 19-year high. While former Fed Chair Jerome Powell won praise for defending the Fed's independence in the face of pressure from President Trump, Warsh's decision has reinforced critics' fears that he is too closely aligned with the White House. Has the Federal Reserve begun to sacrifice its independence—or is Wall Street overreacting?Become a Munk Donor ($50 annually) to get 72-hour advanced access to the full length editions of Friday Focus and Munk Dialogues. Go to www.munkdebates.com to sign up. Hosted on Acast. See acast.com/privacy for more information.

Another action-packed week is in the books, and the markets certainly didn't disappoint. From wild swings in the Nasdaq to another impressive showing from the Magnificent 7, investors had plenty to digest as earnings, energy prices, and macroeconomic uncertainty continued to drive market sentiment. In this week's Trading Week Wrap Up!, we'll connect the dots behind the biggest stories and explain what they may mean for traders and investors heading into next week. We'll discuss: Nasdaq volatility – What's driving the recent swings, and are we seeing healthy profit-taking or the beginning of a larger correction? Magnificent 7 strength – Once again, the market's biggest technology companies are carrying the major indexes. Can they continue to lead, or is market leadership beginning to broaden? Oil uncertainty – Between geopolitical tensions, supply concerns, and shifting inflation expectations, crude oil remains one of the market's biggest wild cards. We'll discuss where prices may be headed and how they could impact the broader economy. My latest trades – I'll review the newest additions to my portfolio, explain the reasoning behind each trade, and discuss the technical setups I'm watching as we head into a new trading week. We'll also take a step back and look at the bigger picture. Markets continue to balance strong corporate earnings, AI-driven optimism, evolving Federal Reserve expectations, and geopolitical uncertainty. Understanding how these forces interact is critical for identifying the next high-probability trading opportunities. Because successful traders don't just follow the headlines... They understand what's driving them. Listen now:

U.S. Senator Jerry Moran of Kansas joins us for a few minutes with a Farm Bill/E15 update. The Friday Free-for-all is in full swing today with Jim Wiesemeyer of Wiesemeyer's Perspectives podcast and Shaun Haney of RealAgriculture. Topics include plans to reopen border with Mexico, E15, Federal Reserve decision on interest rates, EPA and SREs and more.See omnystudio.com/listener for privacy information.

This week on Breaking Battlegrounds, Sam Stone is joined by B from B's Crime Corner to revisit the COVID-19 restrictions of 2020, Anthony Fauci's influence, vaccine requirements, and the conflicting information Americans were given about who was truly at risk. Then, B's Crime Corner examines the disturbing "Ohio House of Horrors" case, where 16 children were allegedly found living in deplorable conditions. Authorities said some may not have survived another 24 hours. Gary Siders Jr., Gary Siders Sr., Christina Siders, and Elizabeth Siders are accused in connection with the case. Sam Lyman, Head of Research at the Bitcoin Policy Institute, explains why America's Bitcoin, AI, and data-center infrastructure has become a national-security issue. He discusses Chinese influence campaigns targeting U.S. development, misinformation about data-center water use, and the choice between American AI and Chinese AI shaped by censorship. Follow Sam Lyman on X: @SamLyman33 Follow the Bitcoin Policy Institute on X: @bitcoinpolicy Shandi Hudson of Elite Senior Services explains why families should begin planning for senior care before a crisis. She breaks down placement options and how professional guidance can help families find the right care for their loved ones. Follow Shandi Hudson on Instagram: @shandinhudson Learn more: EliteSeniorAZ.com Gary Gygi, President and CEO of Gygi Capital Management, closes the show with his take on the Federal Reserve holding interest rates steady, Kevin Warsh's market-focused approach, and President Trump's use of tariffs as a negotiating tool. Follow Gary Gygi on X: @GaryGygi Learn more: GygiCapital.com Listen now to Breaking Battlegrounds, the radio show covering Arizona politics, campus unrest, election integrity, national campaigns, and the true crime cases everyone is talking about. Catch Breaking Battlegrounds live on 960 AM in Phoenix every Saturday at 9:00 AM, with full episodes and exclusive podcast-only segments dropping every Friday wherever you get your podcasts or watch on Youtube. Stay connected with Breaking Battlegrounds: • Substack: https://substack.com/@breakingbattlegrounds • Website: https://breakingbattlegrounds.vote • News: https://breakingbattlegrounds.news • X: https://x.com/breaking_battle • Instagram: @breakingbattlegrounds • Facebook: Breaking Battlegrounds If you enjoy the show, please leave us a 5-star review and share it with a friend. Your support helps keep the podcast growing. Breaking Battlegrounds is one of the top 2.5% most popular shows out of 3,779,399 podcasts globally. We interview policymakers, elected officials, and nationally and world-recognized reporters about the opportunities and hurdles the United States faces.

Standing up a reverse mortgage division can't be that hard, can it? We go through some of the mechanics. Plus, Robbie interviews CATO Institute's Jai Kedia on if the Fed's policy stance is getting closer to its target, and the future of the centralbank under Chair Warsh. And we close with why the 30-year U.S. bond hit a 19-year high in the wake of the Federal Reserve's most recent meeting.Sponsored by Experian Verify, which provides mortgage lenders with automated income, employment, identity, and asset verification solutions that help accelerate underwriting while reducing fraud risk and manual documentation.The Chrisman Commentary is your go-to daily mortgage news podcast, where industry insights meet expert analysis. Hosted by Robbie Chrisman, this podcast delivers the latest updates on mortgage rates, capital markets, and the forces shaping the housing finance landscape. Whether you're a seasoned professional or just looking to stay informed, you'll get clear, concise breakdowns of market trends and economic shifts that impact the mortgage world.

Christian Chan, chief investment officer at AssetMark, says that the overall macroeconomic environment is okay — growing above trend but not at exciting levels — but inflation is worrisome, which should have investors looking elsewhere for diversification and protection. The protection side is because he feels fixed-income investments are not as effective at diversifying risk in an inflationary environment. As a result, he is looking at adding precious metals to portfolios, but he also says increasing international exposure and moving from technology and moving toward energy and consumer-driven sectors should smooth out the ride in a volatile market. In the Talking Technicals segment, Jason Brown of The Brown Report, says he remains bullish in the long-term, but he is bearish for the short term because he wonders "What remains that can take us higher?" Brown, who hosts the "Money, Markets and Mindset" podcast says while there are some positive signs keeping the market stable, "We might be due for a re-set." Factoring in inflation, oil prices, a divided Fed on rate policy and other economic danger signs, he expects the stock market to be trapped in a range, and potentially rolling over. Scott Caraher, head of senior loans at Nuveen, says that the higher-for-longer interest rate environment has created "one of the most interesting and dynamic times" he has seen for senior loans in his 25-year career. Caraher, who manages Nuveen Floating Rate Income in both its closed-end and open-end forms, says that because senior loans don't face interest-rate risk, they are a powerful play in a market where Federal Reserve policy on rate direction is uncertain, noting that it's possible to create strong portfolios yielding about 7 percent, which he called "incredibly attractive ... on both an absolute and relative basis."

Kevin discusses and covers the following stories: the U.S. Labor Department reported the Weekly Initial Jobless Claims, interesting coverage from two different news services; the U.S. Commerce Department's Bureau of Economic Analysis (BEA) reported the advance estimate of 2nd Quarter GDP, in a separate report, the BEA, released the Personal Consumption Expenditures (PCE) Price Index and Core PCE, which is the Federal Reserve's primary forecasting gauge; oil prices reacts to increased "hostilities" between the U.S. and Iran, a proposed Saudi Arabia led 14 country coalition to boost defense around the Red Sea, an attack on an Egyptian port and events in the war between Ukraine and Russia; Kevin has the details digs into the details, puts the information into historical perspective, offers his insights and opinions.See omnystudio.com/listener for privacy information.

Could rising oil prices, interest-rate uncertainty, and massive AI spending change the market outlook?Jeremy Siegel, Wharton Emeritus Professor of Finance, examines how energy supply disruptions could affect inflation and growth, what the Federal Reserve may do next on interest rates, why Wall Street is scrutinizing AI infrastructure spending, and how tariffs and demographic change could shape the broader economy. Hosted on Acast. See acast.com/privacy for more information.

The Fed talked tough and did nothing. The 30-year hit a 20-year high. The Dow fell 1,100 points. Gold was the only thing left standing.Tonight's episode is sponsored by Rockwell Automation. Download their 11th Annual State of Smart Manufacturing Report at https://rok.auto/sosmTonight's episode is also sponsored by Ethos. Protect your family with life insurance from Ethos. Get up to $3 million in coverage in as little as 10 minutes at https://ethos.com/gold. Application times may vary. Rates may vary.The Federal Reserve left rates unchanged at 3.5% to 3.75%, exactly where they were before Kevin Warsh took over, despite a 30% market-priced chance of a hike and three FOMC members dissenting in favor of one. Peter Schiff breaks down a press conference where Warsh declared "no tolerance" for inflation above 2% while doing nothing about it, hiding behind the excuse that the Fed "doesn't have a magic wand." Nobody asked for magic, just for the Fed to use the tools it actually has: higher rates, a smaller balance sheet, slower money supply growth. Warsh delivered none of them, and Schiff argues he made the same choice as his predecessors. Inflation is a choice, and the Fed chose it again.The markets rendered their verdict immediately. The 30-year Treasury yield hit 5.22%, its highest in roughly 20 years, the Dow fell 2.2% or about 1,100 points to close on the lows, and the Nasdaq 100 is now down over 3% on the week as the air keeps coming out of the AI bubble, with Meta down 10% after missing earnings and SanDisk off 30% in three days. Gold told the real story: it closed up $40 at 4,070 and never broke 4,000, because rising yields driven by a loss of confidence in the Fed are bullish for gold, not bearish. Schiff calls gold the last safe haven standing. He also covers consumer confidence at a five-year low, a $101.5 billion June trade deficit proving the tariffs accomplished nothing, and why Mamdani's government-run grocery stores will empty shelves, bankrupt private grocers in the poorest neighborhoods, and recreate Soviet bread lines in New York City.Chapters:00:00 Debt Bubble Reality00:37 Fed Holds Rates Steady03:34 Two Percent Target Doubts16:05 Q&A Exposes Inaction27:38 Markets React Bonds Stocks Gold31:45 Yields and Gold Misread35:02 Gold Safe Haven Case37:40 Fed Fallout and Data43:12 NYC Government Grocers55:42 Capitalism and Wrap UpFollow @peterschiffX: https://twitter.com/peterschiffInstagram: https://instagram.com/peterschiffTikTok: https://tiktok.com/@peterschiffofficialFacebook: https://facebook.com/peterschiffOur Sponsors:* Check out Chilipad and use my code GOLD for a great deal: https://sleep.me* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com* Check out Plaud AI and use my code GOLD for a great deal: https://plaud.ai* Check out Quince and use my code quince.com/gold for a great deal: https://www.quince.com* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.comPrivacy & Opt-Out: https://redcircle.com/privacy

Today's Headlines: Congress was quite busy. Rand Paul turned the Senate into a personal vendetta circus, dragging Anthony Fauci in for a hearing where he pleaded the Fifth almost 100 times — because the entire point was to find something to criminally prosecute him for despite Biden's preemptive pardon — and Paul is now threatening to hold Fauci in contempt of Congress for asserting his constitutional right. Todd Blanche's attorney general confirmation vote was cancelled because Thom Tillis and John Cornyn want the bare minimum assurance that he won't create Trump's insurrectionist slush fund or give Trump permanent IRS immunity — things Blanche won't promise — though both senators still ultimately want to vote for him, so there really is no point to this. Jay Clayton, who has zero intelligence or national security experience, was confirmed as Director of National Intelligence anyway, because experience is optional now. On the war beat, Iran launched a ballistic missile strike on a US base in Jordan, Trump told Fox News the US would "beat the fucking shit out of them," the US and Saudi Arabia jointly struck Iranian-aligned militants in Iraq, and then Iranian drones set two ships on fire in an Egyptian port in what Iranian sources called a demonstration that "global shipping and energy supplies could be more deeply disrupted." Trump called it "more of the same" and said "it's our turn to hit them," he must think war works like the game Battleship. In election interference news, Elon Musk is reviving his America PAC for the midterms after spending $250 million to elect Trump in 2024, with plans for door-knocking, digital ads, and direct mail — and has reportedly been talking to Trump's team about how he can be most helpful. And finally, The Federal Reserve voted 9-3 to keep interest rates between 3.5 and 3.75%, with the three dissenting votes wanting a rate increase due to persistent inflation, which is not the news anyone wanted. Resources/Articles mentioned: WaPo: Rand Paul threatens to hold Fauci in contempt after he declines to answer questions NYT: Senators Cornyn and Tillis Threaten to Block Blanche Nomination Over Trump's IRS Deal CNN: Trump's new intelligence chief takes over an office in turmoil Axios: Exclusive: Musk plans massive push for GOP in midterms NYT: Iran War Live Updates: U.S. Begins New Wave of Attacks on Iran, Military Says Axios:U.S. launches fresh airstrikes in Iran AP News: Trump announces a $22.5B makeover of Dulles airport that will eliminate the 'people movers' WSJ: Fed Holds Rates Steady but Three Officials Vote for Increase 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

Is the market falling apart—or is money simply rotating? In this episode of Payne Points of Wealth, Bob, Ryan, Chris, and Courtney explain why semiconductor stocks and the Magnificent Seven are struggling while energy, commodities, value stocks, REITs, international stocks, and emerging markets continue to perform. The team discusses why diversification is winning in 2026, whether Wall Street's AI earnings expectations have become too optimistic, and why the biggest long-term AI winners may be companies outside the technology sector. They also examine: • Whether the Federal Reserve could raise interest rates • How oil prices, tariffs, and reshoring could affect inflation • Why companies are rehiring workers after AI-related layoffs • How baby boomer wealth is supporting consumer spending and housing • Where investors may find growth beyond the Magnificent Seven The key takeaway: money is not necessarily leaving the market. It may be rotating into overlooked sectors and asset classes—and investors who stay diversified could be better positioned for what comes next.

he Federal Reserve held interest rates steady for the seventh straight meeting, but the biggest news was the rare split among policymakers. Three Fed officials voted for a rate hike, signaling growing concern that inflation may remain stubborn. In this episode, Kathy Fettke breaks down what the Fed's latest decision means for inflation, mortgage rates, and why markets are increasingly expecting another rate hike before the end of the year. Plus, what real estate investors should be watching next.   Want to learn more about RealWealth? Visit www.NewsforInvestors.com   Source: https://www.nbcnews.com/business/economy/fed-meeting-interest-rate-decision-kevin-warsh-rcna589536

Live July 29, 2026 | Yaron Brook Show(Season 12, Episode 128)War; Missiles; Tariffs; DEA; Fed; AI; Cockroach; Millionaires; Lithium; Milei | Yaron Brook ShowWatch Now: https://youtube.com/live/4hDC05-WIfIIran Fires Missiles. America Runs Low on Weapons. Is the West Ready for the Next War?Iran is becoming more aggressive. America is running short on critical munitions. Tariffs continue to distort the economy. AI innovation faces growing political pressure. Meanwhile, Argentina continues proving that free markets actually work.In this wide-ranging live episode of The Yaron Brook Show, Yaron examines whether the West is prepared for the geopolitical conflicts ahead—and why economic freedom remains the foundation of both prosperity and national security.Topics Covered• Iran and Middle East conflict• Missile defense and military preparedness• Defense technology startups• Anduril and autonomous weapons• U.S. military procurement• Trump's tariffs• Inflation and the Federal Reserve• Artificial Intelligence• Lithium batteries• Javier Milei and Argentina• Capitalism vs statismYaron unpacks Iran's missile strategy, America's defense-industrial weaknesses, emerging defense startups transforming warfare, Trump's tariff policies, inflation and the Federal Reserve, AI regulation, declining millionaire populations in the UK, falling lithium battery costs, and Javier Milei's remarkable economic reforms in Argentina.If you want serious analysis grounded in reason—not partisan talking points—this episode connects today's biggest headlines through the principles of capitalism, individual rights, and long-term thinking.Watch here: https://youtube.com/live/4hDC05-WIfITimestamps00:00 Introduction, travel updates & upcoming events3:08 Jordan Peterson courses & Ayn Rand 06:19 U.S.–Iran tensions escalate10:27 Iran's missile attack explained12:15 Saudi Arabia, Houthis & regional strategy19:21 Why Iran believes it can win20:23 America's missile shortage26:25 The artillery production problem31:40 Why U.S. defense procurement is broken35:25 Defense startups changing modern warfare38:00 Anduril and autonomous fighter aircraft42:19 New air defense technologies44:36 Mach Industries & next-generation weapons47:52 Autonomous naval systems52:10 Venture capital enters defense56:19 Trump's tariffs and economic damage59:48 Can tariffs survive legal challenges?1:01:42 Canada, Brazil & trade wars1:08:32 DEA operations against drug boats1:11:42 Oil prices, inflation & the Federal Reserve1:17:01 Should AI development slow down?1:20:57 India's bizarre cockroach protests1:30:41 Why millionaires are leaving Britain1:33:40 Lithium batteries get dramatically cheaper1:35:53 Javier Milei's economic success in Argentina1:39:51 Final thoughtsLive Audience Questions1:43:46 How do you overcome extreme self-consciousness?1:47:27 What did you think of the Michael Israel interview?1:50:25 Why does Iran's regional influence continue to grow despite its struggling economy?1:52:47 Are comparisons between ICE detention centers and Nazi concentration camps valid?1:55:17 Why is small talk more common in individualistic cultures?1:58:18 Do people underestimate how much economic freedom still exists within today's mixed economies?2:02:43 Why is Objectivism especially valuable for people who have always felt like outsiders?2:04:27 What makes T.A.R.S. such a compelling AI character, and what does it reveal about intelligence, personality, and human values?See pinned comment for more questions. Like this episode?Subscribe, share it with friends, and become a Patreon supporter to access monthly AMAs, exclusive content, and commercial-free audio.#Iran #Israel #MiddleEast #Tariffs #ArtificialIntelligence #MilitaryTechnology #JavierMilei #Economics #ChinaAI #Trump #JDVance  #Objectivism #Capitalism The Yaron Brook Show is Sponsored by[The Ayn Rand Institute](https://www.aynrand.org/starthere)[Energy Talking Points, featuring AlexAI, by Alex Epstein](https://alexepstein.substack.com/)[Express VPN](https://www.expressvpn.com/yaron)[Hendershott Wealth Management](https://www.youtube.com/watch?v=X4lfC...) &(https://hendershottwealth.com/ybs/)[Michael Williams & The Defenders of Capitalism Project](https://www.DefendersOfCapitalism.com)[Support the Show]( / yaronbrookshow )[Sponsor the Show](askyaron@yaronbrookshow.com/)[One-time donation](https://bit.ly/2RZOyJJ)Join the [Yaron Brook Show YouTube channel]( / @yaronbrook )Like what you hear? Like, share, and subscribe to stay updated on new videos and help promote the [Yaron Brook Show](https://bit.ly/3ztPxTx)Continue the discussion by following Yaron on [Twitter](https://bit.ly/3iMGl6z) and [Facebook](https://bit.ly/3vvWDDC )Want to learn more about Ayn Rand and Objectivism? Visit the [Ayn Rand Institute](https://bit.ly/35qoEC3)Become a supporter of this podcast: https://www.spreaker.com/podcast/yaron-brook-show--3276901/support.Yaron is the executive chairman of the Ayn Rand Institute and a world class speaker. He is the coauthor of the national best-seller Free Market Revolution: How Ayn Rand's Ideas Can End Big Government, Equal is Unfair: America's Misguided Fight Against Income Inequality and In Pursuit of Wealth: The Moral Case for Finance. He speaks around the world on a variety of topics including the morality of capitalism, Ayn Rand and her philosophy, finance and economics, and the value of inequality.

Establishment Democrats are wringing their hands as candidates of the insurgent left, like Abdul El-Sayed, take center stage in Michigan. Meanwhile, what we're taking away from the Federal Reserve's interest rate vote yesterday. And Todd Blanche's nomination for attorney general is hanging on by a thread.   For more news and analysis, subscribe to the Playbook newsletter: politico.com/playbook 

The Federal Reserve, under Kevin Warsh, has decided to keep interest rates steady. Former Fed vice chairman Roger Ferguson discusses the decision and the FOMC member dissents. After Dr. Anthony Fauci's testimony before the Senate Homeland Security Committee, Committee Chair Sen. Rand Paul (R-KY) discusses his plan to consider holding Dr. Fauci in contempt for exercising his Fifth Amendment rights 111 times throughout the hearing. CNBC's Dan Murphy reports on the latest strikes between the U.S. and Iran, and Amos Hochstein, former White House Senior Advisor for President Biden, discusses strategies in regional conflict and its impact on global energy.     Roger Ferguson - 5:05 Sen. Rand Paul - 21:11 Dan Murphy - 37:03 Amos Hochstein - 42:50   In this episode: Rand Paul, @SenRandPaul 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.

We don't often talk about what the most moral path forward for the Senate, or Congress, or hell, politics in general might be — but it would probably look more like doing something about ensuring everyday Americans can afford groceries and less like going to war with Iran. Georgia Democratic Senator Raphael Warnock gives this a lot of thought in his new book, “The Crooked Places Made Straight: Reflections on the Moral Meaning of America,” where he lays out some of the biggest problems facing our country. We speak with Senator Warnock about his book and how we might move forward together.And in headlines, the U.S. and Iran trade strikes after days of calm; the Federal Reserve holds interest rates steady despite persistently high inflation and a spike in energy prices caused by the Iran war; and Dr. Anthony Fauci pleads the fifth to more than 100 questions posed by Senate Homeland Security and Governmental Affairs Committee members.Show Notes: Check out Sen. Warnock's book – tinyurl.com/583vnpz4 Call Congress – 202-224-3121 Subscribe to the What A Day Newsletter – https://tinyurl.com/y4y2e9jy What A Day – YouTube – https://www.youtube.com/@whatadaypodcast Follow us on Instagram – https://www.instagram.com/crookedmedia/ For a transcript of this episode, please email transcripts@crooked.com

P.M. Edition for July 29. Fed officials voted to keep current interest rates in place. WSJ economics reporter Matt Grossman joins to discuss the internal pressure that's building at the central bank to curb inflation. Plus, Dr. Anthony Fauci invoked the Fifth Amendment more than 100 times during a contentious Senate committee hearing about his handling of the Covid-19 pandemic. And WSJ's Benjamin Katz explains how a potential Boeing rival could be taking flight with a plane that looks radically different from the passenger jets we're used to. Danny Lewis hosts. Sign up for the WSJ's free What's News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Joseph Sternberg notes Chairman Kevin Warsh is moving the Federal Reserve toward a "taciturn" style, ending the practice of "forward guidance." This reform aims to prevent the Fed from becoming locked into policies that may become inappropriate as data shifts. Sternberg suggests that saying less may protect the Fed from political conflict with the White House over tariffs. Markets must now interpret raw data rather than Fed signals. (14)1606

SCHEDULE THE MAKING OF THE JOHN BATCHELOR SHOW, 7-28-26.1900 IDAHOLiz Peek reports the US economy remains robust, driven by strong consumer spending in rural areas like Connecticutand Lancaster County. Peek highlights rising small business and consumer confidence despite increasing gasoline prices. Attention shifts to new Federal Reserve Chairman Kevin Warsh, who may end "dot plot" forecasting. Warsh aims to be more "taciturn," forcing markets to rely on incoming data rather than Fed projections. (1)Liz Peek examines the Michigan Democratic Senate primary as a national test for the party's ideological direction. Moderate Haley Stevens faces Dr. Abdul El-Sayed, a candidate favored by the Democratic Socialists of America. Peek notes the "shocker" UAW endorsement of El-Sayed, highlighting a shift toward "woke" politics among union members in higher education. This race evaluates if a far-left candidate can win a statewide swing-state contest. (2)Thaddeus McCotter and Judy Dempsey discuss Ukraine's strike on an Iranian vessel in the Caspian Sea, which complicates global energy security for Europe. This inland sea is a vital source of non-Russian energy. Dempsey reports that Germany is carefully observing the implications of this new front. The strike underscores the deep military connection between Russia and Iran regarding equipment exchanges. Meanwhile, recent polls show seven out of ten Americans oppose the Iran war. (3)Thaddeus McCotter and Judy Dempsey turn to a deadly ramming attack at a Berlin parade that has put Chancellor Friedrich Merz on the defensive regarding his security credentials. The populist AfD party is exploiting the tragedy to criticize "uncontrolled immigration" ahead of crucial state elections. While Merz responded with calls for law and order, the incident underscores the difficulty police face in monitoring numerous terrorist suspects. The AfD utilizes these crises to offer simple solutions. (4)Mary Kissel notes diplomatic efforts with Iran currently involve "shuttling messages" through intermediaries like Omanand Qatar. Kissel argues that the Islamic Republic is a revolutionary regime with no interest in genuine strategic peace. The administration's lack of a cohesive strategy has led to declining public support for military action. Meanwhile, the Houthi threat in the Red Sea remains a dangerous Iranian-backed tool for disrupting international shipping. (5)Mary Kissel observes President Zelenskyy is receiving a warmer reception in Washington due to Ukraine's increasing military leverage. Innovative long-range drone strikes on Russian energy nodes have demonstrated Ukraine's utility to USstrategic interests. Unlike the situation with Iran, the US maintains active diplomatic channels in Moscow to discuss potential conflict resolutions. Kissel notes that influential voices on the right are beginning to shift their views on Ukraine. (6)Jonathan Schanzer reports the conflicts in Ukraine and the Middle East are merging as Russia, Iran, and Chinacoordinate their efforts. Schanzer notes that Ukraine's Caspian Sea strike has clarified this global partnership. The US is currently attempting to "keep a lid" on Israel to prevent a regional escalation. However, the US military faces a depletion of missile interceptors, making it difficult to sustain a long, high-intensity conflict. (7)Jonathan Schanzer discusses new UK–US talks focused on a maritime coalition to secure the Strait of Hormuz and Red Sea. Prime Minister Andy Burnham has an opportunity to reset the relationship with Donald Trump. The Iranian-backed Houthi threat remains a top concern for global oil analysts and regional powers like Egypt. Meanwhile, the US is signaling that Lebanon is "too big to fail" to counter Hezbollah's regional influence. (8)Gregory Copley reports the Trump administration has imposed tariffs on Australia, alleging "forced labor" practices—a claim Copley describes as spurious. This move antagonizes a loyal ally that has fought alongside the US for over a century. Consequently, Australia and Canada are beginning to lessen their strategic dependence on the US. Copley warns that such unilateral protectionism could weaken the long-term structure of the Western alliance. (9)Gregory Copley describes Cuba's total implosion as its infrastructure collapses and major blackouts occur. Copley describes a strategic failure in the Caribbean, where China has built significant influence over the last 20 years. The USmust decide whether to facilitate a rapid collapse or a managed transition of the regime. While the Cuban people suffer, the wealthy expatriate community remains ready to fund reconstruction. (10)Gregory Copley reports Xi Jinping faces significant internal opposition from Communist Party elders at the Beidaiheretreat. Despite his titles, Xi's operational power is waning as the Chinese economy evaporates and social unrest grows. A recent ballistic missile launch served as a show of strength before a state visit to the US. Copley notes that youth unemployment is high, and the PLA may eventually act independently. (11)Gregory Copley turns to the UK, where following the rise of Prime Minister Andy Burnham, the country faces political uncertainty as Labour struggles with a lack of growth. Copley highlights King Charles III's vital role as a unifying force, focusing on British national identity and values. While the Burnham government is viewed as sclerotic and ideological, the King remains an egalitarian figure. His efforts to preserve heritage, like Dumfries House, bolster his standing. (12)Joseph Sternberg criticizes Prime Minister Andy Burnham's economic policy as ineffective against the cost-of-living crisis. Sternberg argues that the UK is trapped by net-zero regulations that prevent the use of vast North Sea oil and gas reserves. Burnham finds it politically difficult to cut taxes or reverse climate policies despite potential economic benefits. This paralysis makes his government a target for future replacement. (13)Joseph Sternberg notes Chairman Kevin Warsh is moving the Federal Reserve toward a "taciturn" style, ending the practice of "forward guidance." This reform aims to prevent the Fed from becoming locked into policies that may become inappropriate as data shifts. Sternberg suggests that saying less may protect the Fed from political conflict with the White House over tariffs. Markets must now interpret raw data rather than Fed signals. (14)Thaddeus McCotter describes the Michigan Democratic Senate primary as a "civil war" between establishment candidate Haley Stevens and progressive Dr. Abdul El-Sayed. The candidates are sharply divided over AIPAC funding and support for Israel. Stevens is endorsed by high-profile figures like Gretchen Whitmer and Barack Obama. The result will indicate if the Democratic Socialists of America can succeed in a statewide race in a swing state. (15)Thaddeus McCotter notes Dr. Abdul El-Sayed denies being a socialist, claiming he merely wants to regulate "capitalism run amok." However, his platform includes radical proposals such as abolishing ICE. Haley Stevens frames him as a "celebrity candidate" and questions his appeal to women voters. McCotter notes that while the DSA lacks a ground model, identity politics may drive a high turnout among Michigan's large Muslim population. (16)Corrections applied throughout as directed: Thaddeus McCotter and Liz Peek.

The U.S. Federal Reserve will wrap up a two-day meeting today with an announcement from Chair Kevin Warsh on interest rates. In the middle of uncertainty regarding the war in the Middle East, oil prices, and inflation, experts say rates could remain unchanged — for now. Also, we look at how consumers are pulling back on grocery spending and why the Trump administration is arguing some countries have “excess capacity” in certain manufacturing sectors.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.