Podcasts about Federal Reserve

Is the Federal Reserve's Jerome Powell set to leave his position as chair? While President Trump can't fire the Federal Reserve chair, chatter in D.C. suggests an open position may be coming sooner rather than later. Glenn lays out why Jerome Powell's job suddenly appears to be in jeopardy. While the Genius Act has parts that seem beneficial, Glenn warns that the bill could easily lead to the implementation of a central bank digital currency. Rep. Chip Roy (R-Texas) joins to discuss the bill and how conservative politicians like him are fighting back. Chip also lays out his thoughts on the Epstein files and offers his advice on how the Trump administration should handle the matter going forward. Sen. Eric Schmitt (R-Mo.) joins to discuss the status of the DOGE cuts, which include the defunding of NPR and PBS. Why do Republicans never prioritize cutting unnecessary government spending? Glenn and Jason go through an older chalkboard of Glenn's, which outlines how a full-blown trust implosion is created. Investigative reporter Steve Robinson joins to discuss the Chinese cartels that are running rampant in Maine. Could these cartels spread to other states? Glenn and Jason further discuss how Trump can get Jerome Powell removed from the Federal Reserve.  Learn more about your ad choices. Visit megaphone.fm/adchoices

According to the latest consumer price index, the reported prices of several items, including apparel and household furnishings, increased in June, suggesting some preliminary effects of the Trump administration's tariff policies. We discuss President Donald Trump's response calling for the Federal Reserve to lower interest rates, and why it's so crucial to preserve an independent central bank. Then, we take a look at Missouri, where the state's legislature and the governor overturned the outcome of a ballot initiative. What does that say about the state of public participation in the democratic process? And, we celebrate some wins from listeners about a rekindled drive to write poetry and what it means to be a good friend. Here's everything we talked about today:"Missouri governor repeals paid sick leave law approved last year by voters" from The Associated Press"Missouri Rolls Back Paid Sick Leave Entitlement; $15 Minimum Wage Remains" from National Law Review“Missouri's voters restored abortion rights. Their leaders are trying to overrule them” from the newsletter The 19th News"D.C. budget update: Tipped minimum wage compromise fails, ranked choice voting funded as budget advances" from WAMU"Inflation picks up again in June, rising at 2.7% annual rate" from CNBCWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.

Firing Jerome Powell, the chair of the Federal Reserve, has long been on President Donald Trump's wish list. Despite nominating Powell to run the country's central bank in his first term, Trump might be gearing up to fire Powell at any moment. Ousting Powell could add to an already precarious economic situation, fueled in part by Trump's large cuts to the federal workforce and threat of tariffs against major trading partners. Today on “Post Reports,” host Colby Itkowitz sits down with reporter Andrew Ackerman, who covers the Federal Reserve, financial regulation and consumer financial protection for The Post. Today's episode was produced by Tadeo Ruiz Sandoval and edited by Reena Flores. It was mixed by Sean Carter. Thanks to Jen Liberto.

On Tuesday, we learned that inflation rose last month. The New York Times said inflation “accelerated,” ABC News noted it “surged,” and other reports observed that President Trump's tariffs are starting to produce long-predicted price hikes. Trump reacted angrily. He pretended the surge was nonexistent, and then deflected by unleashing a furious tweet at Federal Reserve chairman Jerome Powell that demanded: “Bring down the Fed rate NOW!!!” Trump then unleashed an angry rant to reporters further excoriating Powell. Trump might have also been ticked because his 2024 campaign polling firm just released a memo harshly warning that House Republicans are in trouble in the midterms, and Trump's cuts to the safety net help explain why. We talked to economist Kathryn Edwards, a skillful decoder of Trumponomics. She explains the inflation news, why Trump's perfect storm of policies are hurting working people, and how Democrats should respond by swinging big on the economy in ways they usually don't.  Looking for More from the DSR Network? Click Here: https://linktr.ee/deepstateradio Learn more about your ad choices. Visit megaphone.fm/adchoices

According to the latest consumer price index, the reported prices of several items, including apparel and household furnishings, increased in June, suggesting some preliminary effects of the Trump administration's tariff policies. We discuss President Donald Trump's response calling for the Federal Reserve to lower interest rates, and why it's so crucial to preserve an independent central bank. Then, we take a look at Missouri, where the state's legislature and the governor overturned the outcome of a ballot initiative. What does that say about the state of public participation in the democratic process? And, we celebrate some wins from listeners about a rekindled drive to write poetry and what it means to be a good friend. Here's everything we talked about today:"Missouri governor repeals paid sick leave law approved last year by voters" from The Associated Press"Missouri Rolls Back Paid Sick Leave Entitlement; $15 Minimum Wage Remains" from National Law Review“Missouri's voters restored abortion rights. Their leaders are trying to overrule them” from the newsletter The 19th News"D.C. budget update: Tipped minimum wage compromise fails, ranked choice voting funded as budget advances" from WAMU"Inflation picks up again in June, rising at 2.7% annual rate" from CNBCWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.

Consumer prices in the U.S. rose by 0.3% in June, pushing annual inflation to 2.7%—right in line with expectations. In this episode, Kathy Fettke breaks down the latest CPI report and what it means for real estate investors. From rising apparel and furnishing costs driven by tariffs to falling vehicle prices and modest shelter inflation, we explore the key takeaways. Plus, we look at how this data could influence the Federal Reserve's next move on interest rates—and why President Trump is calling for major cuts. JOIN RealWealth® FOR FREE https://realwealth.com/join-step-1 FOLLOW OUR PODCASTS Real Wealth Show: Real Estate Investing Podcast https://link.chtbl.com/RWS

It's Wednesday, July 16th, A.D. 2025. This is The Worldview in 5 Minutes heard on 140 radio stations and at www.TheWorldview.com.  I'm Adam McManus. (Adam@TheWorldview.com) By Jonathan Clark Christians losing property rights in India, Nepal and Pakistan International Christian Concern reports Christians are losing their property rights and access to land in South Asian nations like India, Nepal, and Pakistan. In particular, India's second-most populous state of Maharashtra plans to demolish hundreds of church buildings within six months. Officials claim the structures are unauthorized, and many of them are in tribal areas.  The government also plans to enact an anti-conversion law. Such laws are often used to target Christians in the country. Currently, 12 of 28 states in India have anti-conversion laws. South Asian nations like India are ranked on the Open Doors' World Watch List as some of the most difficult places to live as a Christian.  World population growth slowing down Pew Research recently released world population projections for the next 75 years. The global population more than tripled over the last 75 years from 2.5 to 8.2 billion people. However, population growth is expected to slow down, only reaching 10.2 billion by 2100. Currently, the most populous countries in the world are China, India, and the U.S. China's population is expected to shrink by more than half over the next 75 years, while the U.S. and India are expected to grow slightly.    Global population growth is projected to primarily come from nations in Africa like Nigeria, the Democratic Republic of the Congo, Ethiopia, and Tanzania.  10th anniversary of undercover videos exposing Planned Parenthood This week marks 10 years since the Center for Medical Progress released their first undercover videos exposing Planned Parenthood. Executives for the abortion giant were caught discussing how they sold the body parts of murdered babies. The undercover investigation has contributed to efforts for defunding Planned Parenthood. Troy Newman, the president of Operation Rescue, served as a founding member on the board of the Center for Medical Progress. He said, “I am honored to have been a part of this historic investigation, even though it came at great personal cost to those of us involved in revealing the horrific truth about the illicit trade in aborted baby parts. Today's Planned Parenthood is vastly different from what it was in 2015. It is a weaker organization with waning political influence that is now collapsing from within.” Proverbs 6:17 says that among the seven things God hates are “haughty eyes, a lying tongue, and hands that shed innocent blood.” Trump threatens Russia with tariff to get peace deal with Ukraine In a public meeting with NATO General Secretary Mark Rutte at the White House, U.S. President Donald Trump threatened severe tariffs on Monday if Russia doesn't come to a peace deal with Ukraine in the next 50 days. TRUMP: “One of the reasons that you're here today is to hear that we are very unhappy, I am, with Russia. We're very, very unhappy with them. And we're going to be doing very severe tariffs if we don't have a deal in 50 days, tariffs at about 100%. You'd call them secondary tariffs. You know what that means.” (His comments occur at the :45 mark of this video) Trump also said the United States will sell top-of-the-line weapons to countries in the North Atlantic Treaty Organization. In turn, NATO countries would then be able to provide such weapons like the Patriot air defense system to Ukraine.    Trump wants Federal Reserve to lower interest to save trillion dollars The U.S. consumer price index rose by 0.3% last month. That put the 12-month inflation rate at 2.7%. Prices have been generally decreasing over the last year, but the inflation rate is still above the Federal Reserve's target of 2%.  Trump responded to the news by calling on the Fed to lower interest rates by three points. He said this would save an estimated one trillion dollars on debt payments.  Bible readers most likely to volunteer in community And finally, the American Bible Society released the fourth chapter of its State of the Bible USA 2025 report. The chapter evaluated activities that promote wellbeing like physical exercise, spending time with a friend, volunteering in the community, meditation, and praying to God. The study found people who engage the most with the Bible are also the most likely to engage in those activities, especially volunteering in the community.  Such activities were also associated with higher levels of hope and lower levels of stress, anxiety, and loneliness. However, people who attend church regularly experienced even better results in those areas. 1 Timothy 4:8 says, “For bodily exercise profits a little, but godliness is profitable for all things, having promise of the life that now is and of that which is to come.” Close And that's The Worldview on this Wednesday, July 16th, in the year of our Lord 2025. Follow us on X or subscribe for free by Spotify, Amazon Music, or by iTunes or email to our unique Christian newscast at www.TheWorldview.com.  Plus, you can get the Generations app through Google Play or The App Store. I'm Adam McManus (Adam@TheWorldview.com). Seize the day for Jesus Christ.

Andrew Cuomo announces his independent run for New York Mayor. Dana explains how France's Independence Day, Bastille Day, is BS since a monarchy returned not long after to clean up the mess they made. Radio Legend Mike Francesa absolutely TORCHES the new Superman movie for being weak. Trump's tariff threat has yet to cause a substantial price level rise. Who are the potential future Federal Reserve chairs to replace Jerome Powell? A UK study shows that kids are turning to AI for friendship because they “don't have anyone else to talk to”. Sen. Rand Paul joins us to discuss his CRIMINAL referral for Dr. Fauci & the Secret Service's failures report one year after Butler, PA. President Trump doubles down on backing Pam Bondi's decisions while blaming Obama and Comey for “making up” the Epstein Files. Chip Gaines GOES OFF on people on social media who criticized him and his wife's decision to feature a same-sex couple on their new TV show. Sen. Eric Schmitt joins us to discuss the rescissions package the Senate will be voting on to claw back the DOGE savings such as the subsidies to PBS and NPR.Thank you for supporting our sponsors that make The Dana Show possible…Angel Studioshttps://Angel.com/danaStream King of Kings, check out fan-picked shows, and claim your member perks.Allio CapitalDownload Allio from the App Store or Google Play, or text “DANA” to 511511 to get started today.All Family Pharmacyhttps://AllFamilyPharmacy.com/Dana Medical freedom is American freedom. Use code DANA10 to get 10% off your order.Relief Factorhttps://ReliefFactor.com OR CALL 1-800-4-RELIEFTurn the clock back on pain with Relief Factor. Get their 3-week Relief Factor Quick Start for only $19.95 today! Byrnahttps://Byrna.com/danaGet your hands on the new compact Byrna CL. Visit Byrna.com/Dana receive 10% off.Patriot Mobilehttps://PatriotMobile.com/DanaDana's personal cell phone provider is Patriot Mobile. Get a FREE MONTH of service code DANA.HumanNhttps://humann.comFind both the new SuperBerine and the #1 bestselling SuperBeets Heart Chews at Sam's Club!Keltechttps://KelTecWeapons.comSee the third generation of the iconic SUB2000 and the NEW PS57 - Keltec Innovation & Performance at its best.

Market Movements Update & Q2 Earnings Overview - July 15th Edition In this episode of Dividend Cafe, Brian Szytel discusses the market performance on Tuesday, July 15th, including a mixed day with bonds selling off and the DOW, S&P, and Nasdaq showing varied results. He delves into the impact of the latest CPI inflation data, noting a cooler-than-expected core inflation for the fourth consecutive month. Brian also touches on the starting of Q2 earnings season, emphasizing the reports from major banks and their mixed impact on the market. Additionally, he answers viewer questions about the 'One Big Beautiful Bill' and the dollar vs. Euro exchange rate, elaborating on its steady range since 2021. 00:00 Introduction and Market Overview 00:51 Earnings Season Kicks Off 01:58 Inflation and CPI Insights 02:58 Federal Reserve and Interest Rates 04:03 Q&A: OBBB and Currency Movements 05:09 Conclusion and Sign-Off Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of President Trump’s tariffs. It will play into decisions by the Federal Reserve about when and whether to cut interest rates and comes as the president and his team have ramped up their pressure campaign on Fed Chair Jerome Powell. William Brangham discussed more with David Wessel. PBS News is supported by - https://www.pbs.org/newshour/about/funders

This episode dives into the essential strategies for achieving trading success in a bullish market. The discussion emphasizes the importance of risk management, discipline, and sticking to a structured plan to ride market fluctuations and secure long-term gains. Listeners are introduced to the dynamics fueling market optimism, such as advancements in AI and easing geopolitical tensions, bolstered by notable stock performances and cryptocurrency surges. The episode also sheds light on the Federal Reserve's potential rate cuts and their implications on market sentiment. Seasoned trader Gerald Peters shares insights into the Money Flow Trading Society's approach, encouraging traders and investors to let profitable positions run, cut losses swiftly, and consistently manage risk. Embrace disciplined trading, avoid emotional pitfalls, and stay focused on achieving consistent profitability with the right strategies.

In this episode of Good Morning Liberty, Nate and Chuck dive into recent economic news, discussing the unexpected surplus posted by the Treasury in June due to a surge in tariff collections. They analyze the impact of these tariffs on the economy, particularly inflation rates. Additionally, they touch on Trump's novel plan to send weapons to Ukraine, with the unique twist that other countries will be footing the bill. The episode also hints at discussions on Jeffrey Epstein and the proposals to release related files, providing a comprehensive overview of current political and economic happenings. (00:00) Intro (00:43) Economic News and Tariff Surplus (02:13) Tariff Exemptions and Government Surplus (03:22) Fiscal Year Deficit and Calendar Adjustments (08:33) Tariff Impact on Inflation (21:18) Interest Rates and Federal Reserve (25:01) The Ethics of Posting Misinformation (25:27) Debunking Inflation Myths (27:00) The Real Cost of Tariffs (34:21) Trump's Novel Plan for Ukraine (44:23) The Epstein Files Controversy (48:17) Closing Remarks and Call to Action   Links:   https://gml.bio.link/   YOUTUBE:   https://bit.ly/3UwsRiv   RUMBLE:   https://rumble.com/c/GML   Check out Martens Minute!   https://martensminute.podbean.com/   Follow Josh Martens on X:   https://twitter.com/joshmartens13   CB Distillery 25% off with promo code GML   cbdistillery.com   Join the Fed Haters Club!   joingml.com   secure.thomasmassie.com/donate    

In this podcast interview, David Hunter, a contrarian macro strategist with 52 years of experience, provides a comprehensive outlook on the current market and economic landscape. Hunter believes the market is in the final leg of a 43-year secular bull market, potentially reaching a parabolic top in the next three to four months. He predicts the S&P could reach 8,700, the Nasdaq 30,000, and the Dow 60,000 before experiencing a significant correction. Hunter anticipates a "global bust" that will be more severe than the 2008-2009 financial crisis, driven by excessive leverage and debt across global financial systems. He expects central banks, including the Federal Reserve, to eventually respond with massive monetary stimulus—potentially up to $20 trillion—to prevent a complete systemic collapse. The strategist forecasts a unique economic cycle where initial monetary intervention will lead to a deflationary bust, followed by a recovery period characterized by significant inflation. He predicts commodities will be the primary beneficiaries of this cycle, with gold potentially reaching $20,000 and silver $500 by the early next decade. Hunter is optimistic about Trump's economic policies, particularly regarding deregulation, energy production, and reshoring manufacturing, though he believes these efforts may be overwhelmed by the impending economic downturn. He expects the bust to last 12-18 months, after which significant monetary and fiscal stimulus could trigger a recovery. Regarding market sentiment, Hunter notes that institutional investors remain cautious, which he sees as fuel for further market advancement. He anticipates a narrative of a "soft landing" and potential Federal Reserve rate cuts will drive market confidence. The interview concludes with Hunter's belief that while the immediate future looks challenging, the massive monetary stimulus will ultimately trigger a recovery, albeit with significant inflationary pressures and reduced living standards for consumers.

In this powerful segment, Tara and Lee break down the historic collapse of first-time homeownership under the Biden administration. With staggering data—like the average age of a homebuyer soaring to 56 and first-time buyers plummeting to a record low 24%—they expose how skyrocketing prices and 7% interest rates have turned the American Dream into an impossible fantasy for most. The conversation compares today's housing market to Europe's stagnant real estate, where multi-generational ownership and unaffordable costs are the norm. They argue that reckless money printing, runaway inflation, and partisan policies at the Federal Reserve are driving a crisis that is crippling young families, delaying marriage and children, and fueling desperation. Even families earning over $200,000 are living paycheck to paycheck as basic homeownership slips further out of reach. Tara warns that unless these destructive policies are reversed, an entire generation will be permanently locked out of the housing market.

Dr. Vince Malanga of LaSalle Economics joins us to discuss basic elements of the economy, including Federal Reserve rates, and the impacting factors. And Ken Ferrie of Crop-Tech Consulting provides a progress report from Illinois, including potential disease pressure.See omnystudio.com/listener for privacy information.

Henrik Zeberg, head macro economist at SwissBlock, warns that markets are approaching a historic "blow-off top" with the S&P 500 potentially reaching 6,700-6,900 before a devastating crash. Using his business cycle model, he argues we've already hit the "Titanic moment" - where leading indicators have collapsed while markets surge to bubble extremes. Zeberg predicts this "Everything Bubble" will lead to a deflationary crash potentially worse than 2008, followed by a stagflationary period in 2026-2028. He criticizes the Federal Reserve for massive policy errors, focusing on backward-looking inflation data while ignoring consumer distress and housing market deterioration. Despite being long Bitcoin (targeting $150K-$180K), he warns it could crash 80% and sees parallels to subprime risks in corporate treasuries loaded with crypto.Sponsors: Monetary Metals. https://monetary-metals.com/julia Kalshi: https://kalshi.com/juliaLinks: X: https://x.com/HenrikZebergSubstack: https://henrikzeberg.substack.com/p/final-warning-the-emperors-new-clothes0:00 Welcome Henrik Zeberg0:43 Macro framework and business cycle model3:29 Titanic moment explained6:09 Blow-off top targets (S&P 6,700-6,900)8:06 Trading vs investing in this environment9:30 Market signposts to watch11:21 Post blow-off top scenario14:30 How sharp will the decline be?18:00 Prediction markets showing 20% recession odds18:54 Liquidity vs solvency problem23:03 Federal Reserve policy errors26:21 Fed credibility problems29:11 What to ask Powell at FOMC31:09 Will the Fed cut rates in 2025?33:08 Bitcoin analysis and bubble concerns37:30 Bitcoin as subprime risk40:01 Gold outlook and inflation narrative42:45 The "Everything Bubble" thesis48:13 How to protect yourself51:16 Final thoughts and where to find Henrik

In the first half, we look at the OBBBA, and what its passage may mean for investors, as well as for the government's balance sheet. Debt from baseline projection of 154% of GDP to upwards of 200% of GDP with the OBBBA. Deficits from around 6% of GDP to over 7% with the OBBBA. Despite the ballooning deficits and debt, markets are celebrating the prospect of fiscal stimulus, as well as favorable tax treatments on investment as well as other corporate goodies. In the second half, we discuss President Trump's penmanship as it relates to his letter to Chair Powell on interest rates and why the “hottest country in the world” should “LOWER THE RATE!!!” We also look at the risk associated with the loss of Fed independence due to either political pressure or a dual role for the Treasury Secretary. At some point, we finally get around to talking about the stock market, and note the historic rebound in equities in Q2, which was the largest in record by some measures. The biggest winners were growth stocks, which led value by a wider margin than during the tech bubble, and retail favorites, which are often highly speculative names; these soared over 60% in Q2. We also look at the expectations embedded in markets at this point in terms of earnings and multiples, and what effect passive investing is having on markets as over half of U.S. fund assets are now passively invested. Learn more about Formidable Asset Management, Will Brown, and Adam Eagleston by visiting www.formidableam.com.

In conservative economics, cuts to social services are often seen as necessary to shrink the expanding deficit. Donald Trump's budget bill is something altogether different: it cuts Medicaid while slashing tax rates for the wealthiest Americans, adding $6 trillion to the national debt, according to the Cato Institute. Janet Yellen, a former Treasury Secretary and former chair of the Federal Reserve, sees severe impacts in store for average Americans: “What this is going to do is to raise interest rates even more. And so housing will become less affordable, car loans less affordable,” she tells David Remnick. “This bill also contains changes that raise the burdens of anyone who has already taken on student debt. And with higher interest rates, further education—college [and] professional school—becomes less affordable. It may also curtail investment spending, which has a negative impact on growth.” This, she believes, is why the President is desperate to lower interest rates; he has spoken of firing his appointed chair of the Federal Reserve, Jerome Powell, whom he has called a “numbskull” and a “stupid person,” and installing a more compliant chair. But lowering interest rates to further political goals, Yellen says, “are the words one expects from the head of a banana republic that is about to start printing money to fund fiscal deficits. … And then you get very high inflation or hyperinflation.” Learn about your ad choices: dovetail.prx.org/ad-choices

This week, we get a few snapshots of what inflation is doing. Everyone wants to know when tariffs will start showing up in the overall data, because they mostly haven't yet, partly due to the Federal Reserve's tight monetary policy. But that doesn't mean tariffs aren't affecting the economy. We'll discuss. Also: how Europe is trying to keep U.S. trade tensions from boiling over, and where copper imports are being diverted ahead of looming tariffs.

Host Jennifer Sanasie breaks down the latest news in the crypto industry as inflation in the U.S. slightly rose in June.Inflation in the U.S. slightly rose in June but was mostly in line with expectations. Has inflation eased enough for the Federal Reserve to consider cutting rates later this year? CoinDesk's Jennifer Sanasie hosts “CoinDesk Daily.”-Midnight is a privacy-enhancing blockchain introducing vital, programmable privacy and selective disclosure capabilities.It means DApps can allow users to control what information is revealed without putting sensitive data on-chain, allowing you to break free from the limitation of choosing between utility or privacy.We deserve more when it comes to privacy. Experience the next generation of blockchain that is private and inclusive by design. Break free with Midnight, visit midnight.network/break-free-This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In this REI Only episode of The FasterFreedom Show, Sam breaks down what would happen if the Federal Reserve dropped interest rates by 1% — and why it could be a game-changer for the real estate market.With Trump pressuring Powell and a Fed meeting just around the corner, it's time to explore the ripple effects of even a 1% dropWhether you're an investor, homeowner, or just real estate-curious, this episode will equip you with the insights to capitalize on a potential rate cut.Free Rental Investment Training: ⁠⁠⁠https://freerentalwebinar.com⁠⁠⁠FasterFreedom Capital Connection: ⁠⁠⁠https://fasterfreedomcapital.com

Today's Post - https://bahnsen.co/3GM1axv Monday Market Updates and Public Policy Insights In this Monday edition of Dividend Cafe, the presenter covers key developments in the market and public policy. Topics include the new tax and spending bill, market reactions to tariffs, potential trade deals, and the upcoming earnings season. Specific insights are shared on copper tariffs, the possibility of a second reconciliation bill in the Senate, and the president's position on Ukraine. The session also discusses the S&P 500's top companies' market cap and earnings contributions, and speculation about potential changes at the Federal Reserve. The episode concludes with a Q&A on the impact of tax cuts and recession on national debt, and a teaser for an upcoming special Dividend Cafe. 00:00 Welcome to Dividend Cafe 00:58 Market Overview and Public Policy 01:35 Tariff Impacts and Market Reactions 03:54 Copper Prices and Industrial Impact 05:52 Potential Second Reconciliation Bill 07:09 Shift in U.S. Policy on Ukraine 07:54 Earnings Season and Market Trends 08:59 The Dominance of Top S&P 500 Companies 11:03 Federal Reserve and Rate Cut Speculations 12:26 Tax Cuts and National Debt Debate 14:26 Conclusion and Upcoming Topics Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

This week, we get a few snapshots of what inflation is doing. Everyone wants to know when tariffs will start showing up in the overall data, because they mostly haven't yet, partly due to the Federal Reserve's tight monetary policy. But that doesn't mean tariffs aren't affecting the economy. We'll discuss. Also: how Europe is trying to keep U.S. trade tensions from boiling over, and where copper imports are being diverted ahead of looming tariffs.

This week's episode explores how markets are moving beyond tariff fatigue, with attention shifting to the surge in copper prices and renewed interest in European assets. We also touch on the latest US tariff announcements and their implications for trade partners. Meanwhile, diverging views within the Federal Reserve and strong technicals continue to shape sentiment in Asian credit. We discuss what these developments could mean for portfolio positioning.This episode is presented by Magdalene Teo, Head of Fixed Income Research Asia at Julius Baer.

Bob goes solo to make a comprehensive case for abolishing the Federal Reserve and explains what life afterward would look like. He dives into the Fed's marked history, its questionable track record, and the secrecy surrounding its creation and ongoing operations. Bob also outlines a practical, step-by-step approach for transitioning away from the Fed, returning monetary control to a gold standard, and restoring economic stability and transparency.Bob's Recent ZeroHedge Debate,"Should We End the Fed?": Mises.org/HAP508aUnderstanding Money Mechanics: Mises.org/HAP508bThe Mises Institute is giving away 100,000 copies of Murray Rothbard's, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree

In this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the current state of the 2025 economy with returning guest and economist Tom Siomades. Together, they examine the volatility of the first half of the year and the macroeconomic shifts influencing retirement portfolios. From policy shifts to global uncertainty, this episode offers a comprehensive mid-year economic update designed to help listeners plan for retirement amid ongoing changes. Listen in to learn about the Market Outlook 2025, including how tariffs, interest rates, and the “Big Beautiful Bill” are shaping economic trends. Tom shares insight on how the Federal Reserve may act, what to expect from financial market volatility, and the overall impact of global policies. Whether you're watching the Federal Reserve update or simply seeking stability in your portfolio, this discussion will help you make informed decisions as you secure your retirement. In this episode, find out: What's driving the volatility in the US economy 2025. Why the “Big Beautiful Bill” matters and how its passage (or failure) could reshape policy. The likely direction of interest rates and how it could impact retirees. How tariffs are affecting the markets and the economy globally. Strategies to stay calm and focused through financial market volatility. Tweetable Quotes: “Volatility won't vanish—it's how you respond that determines your financial peace of mind.” – Radon Stancil “Don't let the day-to-day headlines derail your plan. Secure your retirement starts with clarity, not chaos.” – Murs Tariq Resources: If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement! To access the course, simply visit POMWealth.net/podcast.

Join Michael Jaco for another revealing episode of Unleashing Intuition Secrets as he decodes the latest signs of massive transformation unfolding across the world stage. This powerful breakdown covers urgent updates on the planned dismantling of the Federal Reserve, shifting global markets, and why silver is becoming one of the most strategic assets in both military and economic arenas. Michael also explores a series of eye-opening developments—from stock market and housing market instability to geopolitical shakeups including the rise of Nazi-linked influences in NATO, voter registration shifts that could reshape the 2024 election, and the rescue of trafficked children in Florida. He also touches on weather manipulation, potential engineered natural disasters, and the deeper spiritual warfare behind these visible events. This episode brings together hard intel, intuitive insight, and spiritual awareness to help you navigate what's coming with confidence. If you're seeking the truth behind the headlines—and the tools to stay empowered—this is a must-listen.   00:00 Introduction and Current Events 01:01 Economic Predictions and Federal Reserve 04:09 ICE Agents and Law Enforcement 07:30 AI and Technology 18:34 Housing Market and Financial Advice 30:42 Weather Manipulation and Predictions 42:27 Weather Manipulation and Potential Storms 44:28 Economic Predictions and Market Warnings 47:06 Political Shifts and Voter Registration Trends 59:13 The Value and Demand of Silver 01:14:59 NATO's Controversial History 01:28:55 Child Rescue Operations and Final Thoughts   LANDING PAGE for people to get a "FREE" precious metals consultation with Dr. Kirk Elliott: https://www.kepm.com/jaco/ Affordable Cell Activation Technology with LifeWave: Experience miracles with a deep discount as a Brand Partner https://www.lifewave.com/michaeljaco https://michaelkjaco.com/liveyoungerwithmj/ Power of the Patch Information Resource: Go to: https://liveyounger.com/ AGE REVERSAL WITH GHK-Cu Copper Peptides contained in X-39 and X-49 https://copperpeptidebreakthrough.com Join us every week for Michael Jaco's Miracle Monday Meeting at 6:00 PM EST for Product Testimonials & Questions This 50 Minute Meeting Will Teach You Everything You Need To Know About Phototherapy & LifeWave!! ~ Great for Guests, Customers & Brand Partners ~ ⏬ Click the link below for Meeting access ⏬ Join Zoom Meeting https://us06web.zoom.us/j/87949021063 JoinMichaels Business Builder Webinar ~ Friday 6:00 EST Tune in weekly to Michael Jaco's LifeWave Business Builder Webinars feature LifeWave's top leaders sharing proven strategies, business tips, and real-world success stories to help you grow your organization and achieve lasting financial success. ⏬ Click the link below for Webinar access ⏬ https://us06web.zoom.us/j/86714931635?pwd=WQ8UTQc8o95A1g5q7bOAnRW79mPJep.1 Shop Intuitive Wellness Products to reverse the devastating effects of the vaccine impacts on cardiovascular, reproduction and greater potential for death at any time in history. Also increase overall health and resistance to all disease and inflammation. https://intuitivewellness.michaelkjaco.com/ INTUITIVE ULTRA CLEANSE/INTUITIVE OCEANS VIDEO ON DETOXING ALL FOODS: https://www.diseasediscoverychallenge.vip/food-dtox WAVWATCH - The revolutionary selfcare watch that's designed to support the health of your mind AND body! This one-of-a-kind watch provides anxiety relief, pain support, productivity boost, immune system enhancement, and more!

Let's look at some of the reasons why President Trump and his supporters are so obsessed with demanding that the Federal Reserve force down interest rates even further. Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbardRadio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug PROMO CODE: RothPod for 20% off

Reich, Elizabeth Warren, and other leftists never address the root cause of what they correctly diagnose as excessive corporate power: the Federal Reserve.Original article: https://mises.org/power-market/robert-reichs-blind-spots-elephant-progressive-lefts-room

In this episode of Badlands Daily, Ashe in America and Zak “RedPill78” Paine dissect Jerome Powell's rumored departure from the Federal Reserve and what it could mean for Trump's mission to overhaul the global financial order. They dig into CVS's massive $949 million fraud penalty for billing the government over fake prescriptions, highlighting how corporate crime rarely leads to real accountability. The hosts cover the tragic Kentucky church shooting, connecting the rise in violence to unchecked societal decay. They also debate whether the new Superman film is earnest nostalgia or sly propaganda and reflect on how Americans are manipulated by narrative warfare. As the conversation turns to 9/11, Ashe and Zak preview Brad Zerbo's documentary Codex 911, questioning the official story and the psychological grip it still holds. With moments of levity, like a rant about movie theater ice machines and the mystery of Woon Socket, the show blends serious critique with wry humor.

Fed independence is in the news as the Trump Team spars with Jerome Powell, and this clash brings with it questions about how independent the monetary system is and ought to be from the political system.  Russ and Peter explain the reasoning behind Fed independence and articulate just how this nominal independence actually plays out, and Justin tries to keep up.

Let's look at some of the reasons why President Trump and his supporters are so obsessed with demanding that the Federal Reserve force down interest rates even further. Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbardRadio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug PROMO CODE: RothPod for 20% off

Reich, Elizabeth Warren, and other leftists never address the root cause of what they correctly diagnose as excessive corporate power: the Federal Reserve.Original article: https://mises.org/power-market/robert-reichs-blind-spots-elephant-progressive-lefts-room

Bob goes solo to make a comprehensive case for abolishing the Federal Reserve and explains what life afterward would look like. He dives into the Fed's marked history, its questionable track record, and the secrecy surrounding its creation and ongoing operations. Bob also outlines a practical, step-by-step approach for transitioning away from the Fed, returning monetary control to a gold standard, and restoring economic stability and transparency.Bob's Recent ZeroHedge Debate,"Should We End the Fed?": Mises.org/HAP508aUnderstanding Money Mechanics: Mises.org/HAP508bThe Mises Institute is giving away 100,000 copies of Murray Rothbard's, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree

There are many reasons for disliking the Federal Reserve. However, many critics of the Fed attack the Fed for the wrong reasons.Be sure to follow the Loot and Lobby podcast at Mises.org/LL

As the U.S. Federal Reserve prepares for a pivotal upgrade to its payment system, industry insiders are turning their attention to Ripple's native XRP token. The transition to ISO 20022 for Fedwire, going live today, is being called the biggest payments event in decades, and analysts believe XRP is perfectly positioned to benefit.~This episode is sponsored by Tangem~Tangem ➜ https://bit.ly/TangemPBNUse Code: "PBN" for Additional Discounts!Guest: Steven McClurg, CEO of Canary Capital Canary Capital website ➜ https://bit.ly/CanaryETF00:00 intro00:13 Sponsor: Tangem00:41 ISO20022 Launch Today!01:00 ISO Coins Skyrocket01:20 XRP & Ethereum Integration01:55 Caitlyn Long: Trillions Incoming!!02:55 Crypto Week Coincidence?04:28 JP Morgan PANICS and adds fees!05:50 Robinhood vs JP Morgan07:19 JP Morgan Point-of-Sale07:59 Will Ripple create hardware?08:50 Canary XRP ETF10:09 Institutions Understand Ripple11:10 Gold Bugs11:30 Ripple Fed Master Account Potential12:34 XRP ETF vs Marketcap13:10 Crypto Week Fedwire Announcement?14:21 Altcoin Season?16:40 XRP Treasury Stocks vs ETFs18:30 Staked ETFs Coming19:40 Institutional Boomer Education22:05 International Blindspot: Korea & XRP24:32 Pivotal Week24:55 outro#XRP #Crypto #xrpnews ~XRP FedWire Launch PANICS JP Morgan!!

AP Washington correspondent Sagar Meghani reports on the Federal Reserve's chairman asking a watchdog group to review costs of the Fed's building renovations, which the White House blasts as excessive.

Dwayne Stein from Mortgage Gumbo joined the show to discuss a 40% year-over-year jump in mortgage applications, steady interest rates, and the potential impact of the new Vantage 4.0 credit scoring model—which pulls data from all three bureaus and could expand access to homeownership. They explored how credit, rates, and property values are influencing different types of buyers and what it all means for the future of lending. Gregory also broke down current market conditions, including the effects of tariffs and the possibility of future rate cuts from the Federal Reserve, pointing to signs of economic resilience despite volatility. Looking ahead to 2025, he outlined key tax changes: a new $15,750 standard deduction for individuals, a $6,000 bonus for seniors 65+, a temporary $40,000 SALT deduction cap for those earning under $500K, and a $2,200 Child Tax Credit increase. Other updates include no taxes on tips or overtime up to $25,000 for singles and $50,000 for couples, a permanent $750,000 limit on mortgage interest deductions, and the return of charitable deductions for non-itemizers in 2026. Whether you're buying a home, adjusting your investments, or planning for future tax changes, this anniversary episode delivers smart strategies and timely updates to help you stay ahead.

On this episode of The Horizon, John discusses the long-term implications of the newly passed U.S. tax law and its impact on commercial real estate. He highlights the permanence of key provisions like accelerated depreciation, Opportunity Zones, and LIHTC expansions, explaining how they open the door for long-term investment strategies and development models. John also breaks down the potential inflationary effects of tariffs—particularly on construction materials—and how that could influence interest rates and Federal Reserve policy. He closes with insights on job market data, noting mixed signals beneath the headline unemployment rate and suggesting caution ahead. Get a 4-week trial, free postage, and a digital scale at ⁠https://www.stamps.com/cre⁠. Thanks to Stamps.com for sponsoring the show! Post your job for free at https://www.linkedin.com/BRE. Terms and conditions apply. Join the Best Ever Community  The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It's free to join, but you must apply and meet the criteria.  Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at ⁠www.bestevercommunity.com⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Man in NH who cheered on Trump ICE raids has it happen to him :: ICE raids an American family in Oklahoma :: Are we seeing a hard pendulum swing to the right? :: Don't blame drugs, blame the welfare :: The cities are getting so bad because of the welfare :: The dads aren't in the picture :: Coke is a drug too far, even for Jay, Riley and Bonnie :: Your nose, your property :: Jay's experience at Porcfest this year :: Freedom breeders :: Understanding Your Slavery, the book :: Mothers Against Cruel Sentencing :: Teaching kids about silver and gold :: The milk mafia :: Fabulous civil disobedience done by drinking illegal raw milk, the Strong Sistas :: Who is the worst parasite? The state of welfare recipients? :: Silver is money ::Did you know drug addicts get disability? :: Elon Musk and Trump fight real as WWE fight :: Did they kill Massie's wife? :: Arrest all Federal Reserve employees :: Trump threatens to revoke Rosie O'Donnell's citizenship :: German American from Nashua, NH being held indefinitely :: 3rd worlders being shipped in as human weapons :: Covid revealed the New World Order :: Hawaii new Epstein Island in the future? :: 2025-07-12 Hosts: Bonnie, Riley, Jay Noone

In this explosive episode of Unleashing Intuition Secrets, host Michael Jaco is joined by the legendary Roseanne Barr and strategic insider Juan O Savin for a no-holds-barred roundtable that dives deep into the global battle between truth and deception. This riveting conversation explores the dark undercurrents of the Jeffrey Epstein scandal, the reach of global intelligence networks, and the deep-state machinations influencing world events. From child trafficking and the Federal Reserve's grip on sovereignty to nuclear threats out of Iran and the agendas of figures like President Trump, Valerie Jarrett, George Soros, and Elon Musk—nothing is off the table. Roseanne brings her signature fire, humor, and clarity as she shares powerful insights on censorship, media manipulation, spiritual sovereignty, and the soul of the nation. Juan O Savin offers deep strategic perspective into the war behind the scenes—from political theater and psychological warfare to the broader spiritual conflict playing out on a global scale. Together with Michael Jaco, they expose the layers of deception and illuminate the path forward for those awake, aware, and ready to rise. This episode is bold, raw, and profoundly relevant—an essential listen for anyone seeking clarity, courage, and truth in a time of global transformation.   00:00 Introduction and Guest Introductions 00:40 Travel Stories and Global Adventures 01:51 Epstein List Discussion 08:13 Trump and Political Intrigues 17:20 Child Trafficking and Hollywood 30:45 Iran, Israel, and Global Politics 46:55 The Importance of Personal Growth 47:10 Spiritual Conflicts in Modern Politics 48:10 Judicial Systems and Elitism 50:42 Obama's Influence and Iranian Connections 56:39 Iran's Nuclear Threat and Global Implications 01:02:23 The Deep State and Global Manipulations 01:06:10 Trump's Financial and Energy Strategies 01:23:09 The Role of Spirituality in Leadership 01:27:17 Closing Remarks and Future Plans   LANDING PAGE for people to get a "FREE" precious metals consultation with Dr. Kirk Elliott: https://www.kepm.com/jaco/ Affordable Cell Activation Technology with LifeWave: Experience miracles with a deep discount as a Brand Partner https://www.lifewave.com/michaeljaco https://michaelkjaco.com/liveyoungerwithmj/ Power of the Patch Information Resource: Go to: https://liveyounger.com/ AGE REVERSAL WITH GHK-Cu Copper Peptides contained in X-39 and X-49 https://copperpeptidebreakthrough.com Join us every week for Michael Jaco's Miracle Monday Meeting at 6:00 PM EST for Product Testimonials & Questions This 50 Minute Meeting Will Teach You Everything You Need To Know About Phototherapy & LifeWave!! ~ Great for Guests, Customers & Brand Partners ~ ⏬ Click the link below for Meeting access ⏬ Join Zoom Meeting https://us06web.zoom.us/j/87949021063 JoinMichaels Business Builder Webinar ~ Friday 6:00 EST Tune in weekly to Michael Jaco's LifeWave Business Builder Webinars feature LifeWave's top leaders sharing proven strategies, business tips, and real-world success stories to help you grow your organization and achieve lasting financial success. ⏬ Click the link below for Webinar access ⏬ https://us06web.zoom.us/j/86714931635?pwd=WQ8UTQc8o95A1g5q7bOAnRW79mPJep.1 Shop Intuitive Wellness Products to reverse the devastating effects of the vaccine impacts on cardiovascular, reproduction and greater potential for death at any time in history. Also increase overall health and resistance to all disease and inflammation. https://intuitivewellness.michaelkjaco.com/ INTUITIVE ULTRA CLEANSE/INTUITIVE OCEANS VIDEO ON DETOXING ALL FOODS: https://www.diseasediscoverychallenge.vip/food-dtox WAVWATCH - The revolutionary selfcare watch that's designed to support the health of your mind AND body! This one-of-a-kind watch provides anxiety relief, pain support, productivity boost, immune system enhancement, and more!

Enjoy this episode? Please share it with at least ONE friend who you think needs to hear it!Award-winning investigative journalist and author Alex Newman from  @LibertySentinel exposes how public education, the Federal Reserve, and cultural warfare have been weaponized to undermine America's foundations — while warning of spiritual deception and global manipulation — in episode 210 of the Far Out with Faust podcast.Alex Newman is an award-winning international journalist, educator, author, and CEO of Liberty Sentinel Media. He's a senior editor for The New American, a contributor to The Epoch Times and WND, and has been featured in dozens of outlets including Fox News, Newsmax, The Blaze, and The Hill. A longtime collaborator with legendary researcher G. Edward Griffin, Alex is best known for exposing globalist agendas, education corruption, and the war on national sovereignty. His books include Crimes of the Educators and Deep State: The Invisible Government Behind the Scenes.In this hard-hitting conversation, Faust and Alex dive into the engineered culture war designed to divide and distract, tracing its roots to a corrupted education system and the centralized power of the Federal Reserve. They unpack the globalist blueprint for mass control — from false flags and psychological operations to the subversion of faith, family, and freedom. Alex exposes the hidden hand behind today's political theater, while calling for moral courage, personal accountability, and spiritual discernment in an age of mass deception.In this episode:

Welcome to Dentist Money Two Cents, a look at the latest financial and economic news from the past week.
 On this episode of Dentist Money's Two Cents, Matt and Rabih break down the current economic climate as summer kicks in. They discuss the Federal Reserve's recent actions, market behavior during slower months, and how new tariff policies and changes to SALT deduction rules could affect high earners. Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live your rich life.

In conservative economics, cuts to social services are often seen as necessary to shrink the expanding deficit. Donald Trump's budget bill is something altogether different: it cuts Medicaid while slashing tax rates for the wealthiest Americans, adding $6 trillion to the national debt, according to the Cato Institute. Janet Yellen, a former Treasury Secretary and former chair of the Federal Reserve, sees severe impacts in store for average Americans: “What this is going to do is to raise interest rates even more. And so housing will become less affordable, car loans less affordable,” she tells David Remnick. “This bill also contains changes that raise the burdens of anyone who has already taken on student debt. And with higher interest rates, further education—college [and] professional school—becomes less affordable. It may also curtail investment spending, which has a negative impact on growth.” This, she believes, is why the President is desperate to lower interest rates; he has spoken of firing his appointed chair of the Federal Reserve, Jerome Powell, whom he has called a “numbskull” and a “stupid person,” and installing a more compliant chair. But lowering interest rates to further political goals, Yellen says, “are the words one expects from the head of a banana republic that is about to start printing money to fund fiscal deficits. … And then you get very high inflation or hyperinflation.”Plus, “rarely have so many members of Congress voted for a measure they so actively disliked,” Susan B. Glasser noted in her latest column in The New Yorker, after the passage of a deficit-exploding Republican budget. Millions of people will lose access to Medicaid—a fact that the President lies about directly—and many trillions of dollars will be added to the deficit. Interest payments on the federal debt will skyrocket, and Trump is so desperate for lower interest rates that he seems poised to fire his own chair of the Federal Reserve and install a compliant partisan to head the heretofore independent central bank. “Anybody panicking about that in Washington?” David Remnick asks Glasser. “I think we are the boiled frog,” she replies. “We are almost panic-immune at this point, in the same way that Donald Trump has, I think, inoculated much of America against facts in our political debate. Even inside of Washington, there's so many individual crises at one time it's very very hard in Trump 2.0 to focus on any one of them.”

Massive shake up happening at the FBI HQ today. Axios is reporting that Dan Bongino took a day off from work Friday after clashing at the White House with Attorney General Pam Bondi over their handling of the Jeffrey Epstein files. Some insiders to believe that he quit. And speaking of ousters, Jerome Powell's days at the Federal Reserve may be numbered as he mulls resigning.Guest: Stephen Gardner - Host, The Stephen Gardner ShowSponsor:My PillowWww.MyPillow.com/johnSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

As U.S. retailers manage the impacts of increased tariffs, they have taken a number of approaches to avoid raising prices for customers. Our Head of Corporate Strategy Andrew Sheets and our Head of U.S. Consumer Retail and Credit Research Jenna Giannelli discuss whether they can continue to do so.Read more insights from Morgan Stanley.----- Transcript -----Andrew Sheets: Welcome to Thoughts on the Market. I'm Andrew Sheets, Head of Corporate Credit Research at Morgan Stanley.Jenna Giannelli: And I'm Jenna Giannelli, Head of U.S. Consumer and Retail Credit Research.Andrew Sheets: And today on the podcast, we're going to dig into one of the biggest conundrums in the market today. Where and when are tariffs going to show up in prices and margins? It's Friday, July 11th at 10am in New York. Jenna, it's great to catch up with you today because I think you can really bring some unique perspective into one of the biggest puzzles that we're facing in the market today. Even with all of these various pauses and delays, the U.S. has imposed historically large tariffs on imports. And we're seeing a rapid acceleration in the amount of money collected from those tariffs by U.S. customs. These are real hard dollars that importers – or somebody else – are paying. Yet we haven't seen these tariffs show up to a significant degree in official data on prices – with recent inflation data relatively modest. And overall stock and credit markets remain pretty strong and pretty resilient, suggesting less effect.So, are these tariffs just less impactful than expected, or is there something else going on here with timing and severity? And given your coverage of the consumer and retail sectors, which is really at the center of this tariff debate – what do you think is going on?Jenna Giannelli: So yes, this is a key question and one that is dominating a lot of our client conversations. At a high level, I'd point to a few things. First, there's a timing issue here. So, when tariffs were first announced, retailers were already sitting on three to four months worth of inventory, just due to natural industry lead times. And they were able to draw down on this product.This is mostly what they sold in 1Q and likely into 2Q, which is why you haven't seen much margin or pricing impact thus far. Companies – we also saw them start to stock up heavily on inventory before the tariffs and at the lower pause rate tariffs, which is the product you referenced that we're seeing coming in now. This is really going to help mitigate margin pressure in the second quarter that you still have this lower cost inventory flowing through. On top of this timing consideration, retailers – we've just seen utilizing a range of mitigation measures, right? So, whether it's canceled or pause shipments from China, a shifting production mix or sourcing exposure in the short run, particularly before the pause rate on China. And then really leaning into just whether it's product mix shifts, cost savings elsewhere in the PNL, and vendor negotiations, right? They're really leaning into everything in their toolbox that they can. Pricing too has been talked about as something that is an option, but the option of last resort. We have heard it will be utilized, but very tactically and very surgically, as we think about the back half of the year. When you put this all together, how much impact is it having? On average from retailers that we heard from in the first quarter, they thought they would be able to mitigate about half of the expected tariff headwind, which is actually a bit better than we were expecting. Finally, I'll just comment on your comment regarding market performance. While you're right in that the overall equity and credit markets have held up well, year-to-date, retail equities and credit have fared worse than their respective indices. What's interesting, actually, is that credit though has significantly outperformed retail equities, which is a relationship we think should converge or correct as we move throughout the balance of the year.Andrew Sheets: So, Jenna, retailers saw this coming. They've been pulling various levers to mitigate the impact. You mentioned kind of the last lever that they want to pull is prices, raising prices, which is the macro thing that we care about. The thing that would actually show up in inflation. How close are we though to kind of running out of other options for these guys? That is, the only thing left is they can start raising prices?Jenna Giannelli: So closer is what I would say. We're likely not going to see a huge impact in 2Q, more likely as we head into 3Q and more heavily into the all-important fourth quarter holiday season. This is really when those higher cost goods are going to be flowing through the PNL and retailers need to offset this as they've utilized a lot of their other mitigation strategies. They've moved what they could move. They've negotiated where they could, they've cut where they could cut. And again, as this last step, it will be to try and raise price.So, who's going to have the most and least success? In our universe, we think it's going to be more difficult to pass along price in some of the more historically deflationary categories like apparel and footwear. Outside of what is a really strong brand presence, which in our universe, historically hasn't been the case.Also, in some of the higher ticket or more durable goods categories like home goods, sporting goods, furniture, we think it'll be challenging as well here to pass along higher costs. Where it's going to be less of an issue is in our Staples universe, where what we'd put is less discretionary categories like Beauty, Personal Care, which is part of the reason why we've been cautious on retail, and neutral and consumer products when we think about sector allocation.Andrew Sheets: And when do you think this will show up? Is it a third quarter story? A fourth quarter story?Jenna Giannelli: I think this is going to really start to show up in the third quarter, and more heavily into the fourth quarter, the all-important holiday season.Andrew Sheets: Yeah, and I think that's what's really interesting about the impact of this backup to the macro. Again, returning to the big picture is I think one of the most important calls that Morgan Stanley economists have is that inflation, which has been coming down somewhat so far this year is going to pick back up in August and September and October. And because it's going to pick back up, the Federal Reserve is not going to cut interest rates anymore this year because of that inflation dynamic. So, this is a big debate in the market. Many investors disagree. But I think what you're talking about in terms of there are some very understandable reasons, maybe why prices haven't changed so far. But that those price hikes could be coming have real macroeconomic implications.So, you know, maybe though, something to just close on – is to bring this to the latest headlines. You know, we're now back it seems, in a market where every day we log onto our screens, and we see a new headline of some new tariff being announced or suggested towards countries. Where do you think those announcements, so far are relative to what retailers are expecting – kind of what you think is in guidance?Jenna Giannelli: Sure. So, look what we've seen of late; the recent tariff headlines are certainly higher or worse, I think, than what investors in management teams were expecting. For Vietnam, less so; I'd say it was more in line. But for most elsewhere, in Asia, particularly Southeast Asia, the rates that are set to go in effect on August 1st, as we now understand them, are higher or worse than management teams were expecting. Recall that while guidance did show up in many flavors in the first quarter, so whether withdrawn guidance or lowered guidance. For those that did factor in tariffs to their guide, most were factoring in either pause rate tariffs or tariff rates that were at least lower than what was proposed on Liberation Day, right? So, what's the punchline here? I think despite some of the revisions we've already seen, there are more to come. To put some numbers around this, if we look at our group of retail consumer cohort, credits, consensus expectations for calling for EBITDA in our universe to be down around 5 percent year-over-year. If we apply tariff rates as we know them today for a half-year headwind starting August 1st, this number should be down around 15 percent year-over-year on a gross basis…Andrew Sheets: So, three times as much.Jenna Giannelli: Pretty significant. Exactly. And so, while there might be mitigation efforts, there might be some pricing passed along, this is still a pretty significant delta between where consensus is right now and what we know tariff rates to be today – could imply for earnings in the second half.Andrew Sheets: Jenna, thanks for taking the time to talk.Jenna Giannelli: My pleasure. Thank you.Andrew Sheets: And thank you as always for your time. If you find Thoughts to the Market useful, let us know by leaving a review wherever you listen. And also tell a friend or colleague about us today.

On this episode of "Right About Now with Ryan Alford," Ryan covers five major business stories, including looming 25% tariffs on tech imports from China and South Korea, the anticipated launch of OpenAI's GPT-5 and its impact on the AI industry, and insights from guest Matt Britton on AI-driven changes in hardware, creativity, and coding. The episode also discusses talent competition among tech giants, Amazon Prime Day's retail shakeup, and the latest Federal Reserve rate outlook. Listeners get sharp analysis on how these trends will shape business, technology, and everyday life.TAKEAWAYSPrice increase of 25% on tech products from China and South Korea due to tariffs.Upcoming release of GPT-5 by OpenAI and its potential impact on the AI landscape.Insights on the rapid evolution of AI and hardware development.The transformation of creativity and coding skills due to AI advancements.Talent acquisition trends in the tech industry, including poaching of top engineers.Amazon Prime Day sales and retail strategies to compete with online shopping.Federal Reserve's interest rate outlook and its implications for the market.The impact of AI on everyday life and the future of robotics.The consolidation of AI tools and its effects on business operations.The importance of adapting marketing strategies to consumer behavior and scarcity.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode delves into the consequences and misconceptions surrounding President Trump's tariffs. Initially predicted to cause economic disaster, these tariffs instead led to a complex but resilient economic landscape. The market crash that ensued was driven more by panic from expert predictions than by the tariffs themselves. The episode highlights the swift recovery of key tech companies, the notable revenue generated from tariffs, and significant shifts in global supply chains. It also examines the political and economic pressures facing the Federal Reserve and the potential future of global trade. The takeaway emphasizes the importance of adapting to real-world changes rather than succumbing to panic and media sensationalism. BUT BEFORE THAT, hear more about Biden's $42 billion heist, and one big beautiful bill! Useful links: https://myescapebook.com/freedom-formula?video=tKzdoqaiXxk https://www.notion.so/The-3-Property-Escape-Plan-220315cb4ef9809e9febe64c81d51f71 Learn more about your ad choices. Visit megaphone.fm/adchoices

Steve Forbes explains that President Trump can take on the Federal Reserve in its intransigent refusal to cut rates: have the Treasury issue bonds in gold, which would provide a simple, everyday metric as to whether Washington is undermining the dollar's integrity or maintaining its value.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

For years, President Trump has feuded with the Federal Reserve and Chair Jerome Powell over interest rates. And now, two Republicans named Kevin (Kevin Hassett, one of Trump's closest economic advisers and Kevin Warsh—a former Fed governor) are vying to be the next chairman of the Federal Reserve. WSJ's Nick Timiraos takes us inside the contest for the next Fed Chair and what the President might be looking for with his choice. Jessica Mendoza hosts.  Further Listening: - Why Trump Pushed His Tariff Deadline  - Is the Economy…OK?  - Trump 2.0: Where Is the Economy Headed?  Sign up for WSJ's free What's News newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices