Podcasts about financial markets

Welcome back to All Things Markets and today, Mike Novogratz and I are diving headfirst into a world where crypto gets punched in the face, AI threatens white-collar jobs, and global capital starts quietly packing its bags. I'm joined by Mike Novogratz to cut through the noise, call out the real risks, and talk honestly about where markets, money, and opportunity are heading next. Michael Novogratz is the Founder and CEO of Galaxy Digital. He was formerly a Partner and President of Fortress Investment Group LLC. Mr. Novogratz served on the New York Federal Reserve's Investment Advisory Committee on Financial Markets from 2012 to 2015. He serves as the Chairman of The Bail Project and has made criminal justice reform a focus of his family's foundation. Follow Anthony on X: https://x.com/Scaramucci Follow Novo on X: https://x.com/novogratz Anthony Scaramucci is the founder and managing partner of SkyBridge, a global alternative investment firm, and founder and chairman of SALT, a global thought leadership forum and venture studio. Learn more about your ad choices. Visit podcastchoices.com/adchoices

In the Oscar-winning film Shakespeare in Love, theater owner Henslowe explains that the theatrical business faces "insurmountable obstacles on the road to imminent disaster," yet somehow "it all turns out well.” It's a mystery he can't explain. This week's podcast channels that spirit as Moody's Analytics economist, Dante DeAntonio, joins Mark and Cris to dissect the labor market despite the delayed employment report from the Bureau of Labor Statistics. The team navigates volatility across financial markets and examines the outlook for employment and consumer spending in light of AI adoption and the stabilization of the saving rate. Like Henslowe's faith that the show goes on, they explore whether the economy will find its way through even when the data arrives fashionably late.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 AnalyticsFollow Mark Zandi on 'X' and BlueSky @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn Questions or Comments, please email us at helpeconomy@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.

Retirement planning is becoming more complex as careers grow less linear, lifespans extend, and financial decisions start earlier in life. From early-career savers to small business owners and those approaching retirement, people are asking how to build financial security while staying flexible in an unpredictable world.In this Ask Me Anything episode of The Bid, host Oscar Pulido is joined by Jaime Magyera, Head of BlackRock's U.S. Wealth Advisory and Retirement Businesses, to answer listener-submitted questions on retirement realities. Jaime shares perspectives drawn from her work with individual savers, financial advisors, and small business owners across the country.The conversation reframes retirement as the freedom to choose what comes next, rather than a fixed end point. Jaime discusses the importance of starting early, maintaining discipline through market cycles, and building plans that can adapt as careers, families, and goals evolve. The episode also explores the role of professional advice, the challenges facing non-traditional career paths, and why preparation — not prediction — is central to long-term financial resilience.Key insights include:• Why retirement is best viewed as a transition, not a destination• How starting early and staying invested can shape long-term outcomes• Why flexible planning matters for non-linear careers and families• What advisors should consider when working with small business owners• How professional advice differs from social and digital guidance• Why preparedness and emergency savings support financial resilienceKey moments in this episode:00:00 Introduction to The Bid00:50 Meet Jamie Magyera: Insights on Retirement Planning01:48 Transitioning into Retirement: Key Considerations04:05 Financial Planning for Younger Generations06:41 Non-Traditional Retirement Timelines09:56 Advisors and Small Business Owners: Planning for the Future12:45 How To Build Long-Term Client Relationships15:33 The Value of Professional Financial Advice17:28 Conclusion and Key Takeaways18:16 Closing Remarks and Up Nextretirement planning, financial security, wealth planning, capital markets, long-term investing,Sources: BlackRock's Read On Retirement Survey, September 2025This content is for informational purposes only and is not an offer or a solicitation. Reliance upon information in this material is at the sole discretion of the listener. Reference to any company or investment strategy mentioned is for illustrative purposes only and not investment advice. In the UK and non-European Economic Area countries, this is authorized and regulated by the Financial Conduct Authority. In the European Economic Area, this is authorized and regulated by the Netherlands Authority for the Financial Markets. For full disclosures, visit blackrock.com/corporate/compliance/bid-disclosures.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

US equity futures are modestly lower though paring most of earlier losses, with Asian markets mostly lower and European equities trading softer. US markets were driven by renewed downside pressure in growth and technology. Weak US labor market signals took center stage, as job openings fell to their lowest level since 2020 and layoffs surged to the highest January reading since the global financial crisis, triggering a pronounced rally in Treasuries and reinforcing curve steepening dynamics. The risk-off backdrop spilled into crypto and precious metals, with Bitcoin posting its sharpest drop since late 2022 and silver seeing an outsized decline. Meanwhile, investors continued to reassess positioning as elevated volatility, softer economic data and crowded trades weighed on sentiment, despite relative resilience in select defensive and rate-sensitive sectors.Companies Mentioned: Boeing, Apple, Lukoil, Chevron Carlyle

US equity futures are pointing modestly higher after a mixed Wednesday close, with Asian markets broadly lower and European equities trading mostly weaker. Technology and AI concentration risk remained the dominant theme. Investors continued rotating toward cyclical sectors. More volatility seen in precious metal prices overnight. Geopolitical risk stayed elevated as headlines around renewed US-Iran nuclear talks drove sharp volatility in energy and precious metals markets, while attention also turned to upcoming large-cap technology earnings later in the week.Companies Mentioned: SpaceX, Nvidia, Bytedance, KKR

Michael Novogratz is the Founder and CEO of Galaxy Digital. He was formerly a Partner and President of Fortress Investment Group LLC. Mr. Novogratz served on the New York Federal Reserve's Investment Advisory Committee on Financial Markets from 2012 to 2015. He serves as the Chairman of The Bail Project and has made criminal justice reform a focus of his family's foundation. Follow Anthony on X: ⁠⁠https://x.com/Scaramucci⁠⁠ Follow Novo on X: ⁠⁠https://x.com/novogratz⁠⁠ Anthony Scaramucci is the founder and managing partner of SkyBridge, a global alternative investment firm, and founder and chairman of SALT, a global thought leadership forum and venture studio. Learn more about your ad choices. Visit podcastchoices.com/adchoices

S&P futures are pointing to a slightly higher open today ahead of a busy earnings slate. Asian markets ended mixed on Wednesday. Japan's Nikkei underperformed due to a selloff in software names on AI disruption fears. The Hang Seng was flat while the Shanghai Composite was higher on stronger-than-expected services PMI data. European benchmarks are flat or slightly higher in early trading.Companies Mentioned: NVIDIA, Texas Instruments, Ford, OpenAI

In today's show, The Right Side, we go beyond headlines and into the hidden architecture of power that shapes nations, markets, and everyday life.This episode breaks down why markets move on confidence, not just data, how the Federal Reserve and U.S. Treasury operate as two separate keys to the same financial system, and why **legitimacy — not force — is what ultimately holds a Republic together.We explore how money, law, and meaning interact to create stability or chaos, why unelected institutions shape daily life more than most people realize, and how global actors read America's internal signals as cues for pressure, testing, and leverage.This is a civic deep-dive for listeners who want more than talking points — a master-class in understanding how power really works inside a constitutional Republic.

S&P futures is up +0.3% and pointing to a higher open today. Asian markets rallied sharply on Tuesday, with the Kospi surging +6.8%, its largest gain in over three years, and Japan's Nikkei advancing +3.9%. Hong Kong lagged due to rumors of higher taxes on internet firms. European markets are trading firmer. Positive sentiment follows Monday's gains and optimism around German fiscal stimulus. Companies Mentioned: AES Corp, OpenAI

US equity futures is under pressure with S&P lower. Bonds firmer, which sees US 10-year yield down 4 bps at 4.2%. Dollar is easier versus yen, firmer elsewhere with biggest move against Aussie. Gold is selling off sharply, leaving it 20% below Thursday's record high level. Oil down more than 5%. Industrial metals broadly lower. Bitcoin is weaker. Commodity volatility is the big market-moving story as gold and silver tumble, extending Friday's plunge, where gold experienced its biggest daily drop in decades and silver suffered record decline. Dollar's rebound on Kevin Warsh's nomination as Fed chair is mentioned as downside catalyst though magnitude of selloff has brought more focus on very crowded longs and speculative froth being fueled in part by Chinese traders. Moves being made to curb frenzy with CME sharply raising gold and silver margins while some Chinese banks hiked minimum investment amount for gold accumulation services.Companies Mentioned: NCC, Nvidia, Ford Motor, Xiaomi

Hedge fund strategies are gaining renewed attention as market volatility rises and traditional stock and bond diversification becomes less reliable. With inflation uncertainty, shifting monetary policy, and growing macro instability, investors are reassessing how different sources of return and risk management show up across capital markets.In this episode of The Bid, host Oscar Pulido speaks with Mike Pyle, Deputy Head of BlackRock's Portfolio Management Group, about how hedge fund strategies work and why they are being re-examined in today's environment. Mike explains what defines hedge fund strategies, how their flexibility seeks to allow managers to express views more precisely, and why they can play different roles within portfolios depending on investor objectives.They explore common misconceptions around hedge fund strategies, including the idea that they are inherently high risk or designed solely to outperform equities. Mike outlines how these strategies span a wide range of risk profiles and can be used for diversification due to their potentially lower correlation to traditional assets. The conversation also examines why macro volatility since 2021 has created a more favorable backdrop for hedge fund strategies, and how their ability to either navigate or reduce macro exposure is shaping investor interest.Key moments in this episode:00:00 Introduction: Navigating Uncertainty in Today's Market03:57 Debunking Myths About Hedge Funds07:36 The Growing Interest in Hedge Funds Strategies12:18 Hedge Funds vs. Other Alternatives16:31 Evolution of the Hedge Fund Industry18:28 Key Takeaways for Investors19:41 Conclusion and Next UpKey insights include:• What hedge fund strategies are and how they differ from traditional investments• Why lower correlation, not market outperformance, is often the core objective• How higher volatility and macro uncertainty are reshaping portfolio construction• How hedge fund strategies compare with other alternatives like private markets and infrastructure• Why scale and multi-strategy platforms are changing the hedge fund landscapehedge fund strategies, capital markets, portfolio diversification, alternatives investing, market volatility, megaforcesThis content is for informational purposes only and is not an offer or a solicitation. Reliance upon information in this material is at the sole discretion of the listener. Reference to any company or investment strategy mentioned is for illustrative purposes only and not investment advice. In the UK and non-European Economic Area countries, this is authorized and regulated by the Financial Conduct Authority. In the European Economic Area, this is authorized and regulated by the Netherlands Authority for the Financial Markets. For full disclosures, visit blackrock.com/corporate/compliance/bid-disclosures.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

US equity futures are weaker following a mixed Thursday close, with Asian markets broadly lower and European equities trading firmer. Markets remain focused on mounting speculation that President Trump will name former Fed Governor Kevin Warsh as the next Fed chair, a development seen as hawkish and prompting a rebound in the dollar, higher yields, and pressure on risk assets and precious metals. US equities saw downside concentrated in technology, with Microsoft weighing on sentiment after earnings, partially offset by strength in Meta, while broader cyclicals and energy outperformed amid rising geopolitical risk tied to Iran. Attention is also on earnings momentum, and on macro signals that continue to support a resilient-growth narrative despite elevated volatility and shifting Fed rate-cut expectations.Companies Mentioned: SpaceX, xAI, Tesla, CK Hutchison Holdings, Meta Platforms

European equities are set to open in the green but Stateside futures are expected to lose ground ahead of President Trump's eagerly anticipated announcement of a new Federal reserve chairman. Former Fed governor Kevin Warsh is now reportedly the frontrunner for the job. Apple enjoys a bumper quarter on the back of strong iPhone sales but the share price stutters on continued concerns about the company's demand forecast and AI strategy. UK Prime Minister Sir Keir Starmer attends a business leaders' event on the final day of his landmark visit to China as President Trump warns about deeper engagement with the country. And in retail news, German sporting giant Adidas posts record sales and more than doubles operational profits in the fourth quarter.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

US equity futures point to a firmer open, with Asian markets ended mixed and European equities trading solidly firmer. Markets remained in wait-and-see mode following the Federal Reserve's decision to keep policy rates unchanged, with two dovish dissents but Chair Powell signaling the Fed is likely to stay on hold for an extended period as inflation remains elevated and labor market conditions show signs of stabilization. Attention is shifting to upcoming Big Tech earnings, with a particular focus on cloud growth and capital expenditure guidance, after recent AI-related optimism lifted semiconductor stocks but failed to generate sustained broader market upside. The US dollar drew renewed scrutiny after Treasury Secretary Bessent reiterated support for a strong dollar policy, partially reversing the previous session's sharp decline, while escalating tensions with Iran continued to underpin strength in energy and precious metals markets.Companies Mentioned: NVIDIA, OpenAI, Robinhood Markets

Tesla suffers a fall in its annual vehicle sales for the first time in its history but shares are still in the green as the auto maker posts a beat on earnings. Tesla has also announced it will be axing its S and X models as it moves to increasingly produce humanoid robots. German lender Deutsche Bank enjoys record FY and Q4 earnings. We speak to CFO James Von Molke who says U.S. economic strength will help bolster the world's economy. SAP posts Q4 sales results in line with expectations and says its cloud revenues are set to surge by up to 25 per cent this year. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In this episode, my good friend Michael Novogratz and I break down why the global monetary order is under real stress, from a weakening dollar and exploding gold prices to the deeper political and social consequences of currencies losing trust. Drawing on my trip to the World Economic Forum in Davos, history, and current markets, we explain why this moment matters for everyone — not just investors — and what happens when money stops being a reliable store of value. Michael Novogratz is the Founder and CEO of Galaxy Digital. He was formerly a Partner and President of Fortress Investment Group LLC. Mr. Novogratz served on the New York Federal Reserve's Investment Advisory Committee on Financial Markets from 2012 to 2015. He serves as the Chairman of The Bail Project and has made criminal justice reform a focus of his family's foundation. Follow Anthony on X: ⁠https://x.com/Scaramucci⁠ Follow Novo on X: ⁠https://x.com/novogratz⁠ Anthony Scaramucci is the founder and managing partner of SkyBridge, a global alternative investment firm, and founder and chairman of SALT, a global thought leadership forum and venture studio. Learn more about your ad choices. Visit podcastchoices.com/adchoices

S&P futures are up +0.3% and pointing to another higher open today. Asian equities were mostly higher on Wednesday. Hong Kong's Hang Seng surged +2.6% to a four-year high, supported by a broad tech rally. South Korea's Kospi and Taiwan both saw strong gains, with rotation into emerging market assets bolstering sentiment. Gains in Mainland China and Japan were more modest. European markets are trading lower, with the French CAC lagging with a (1.1%) decline driven by weakness in luxury goods. Companies Mentioned: SpaceX, OpenAI, NVIDIA, SK Hynix

The U.S. dollar whipsaws and falls to a four-year low against a basket of currencies following comments from President Trump that he remained sanguine about the greenback's recent slide. All eyes are on today's Fed rate decision as investors ponder who will replace outgoing Chairman Jerome Powell. Chip maker ASML beats on Q4 booking and ups its forecast ahead of expectations on the back of encouraging A.I. demand. And in luxury news, LVMH defies expectations to post a 1 per cent rise in sales. This was offset by FY operating profit which fell by almost10 per cent. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

S&P futures is up +0.2% and pointing to a higher open today. Asian equities closed broadly higher Tuesday. SK Hynix has emerged as the exclusive supplier of HBM chips for Microsoft's Maia 200 AI chip, driving outsized gains in South Korea's markets. Japan's Nikkei was also higher on strength in exporters, while the Hang Seng led Greater China market gains. European markets are also higher in early trading. Companies Mentioned: Meta, SK Hynix, Ford, General Motors

Is the U.S. heading toward a financial reset—and could it happen without a total collapse?In this episode of Patriots with Grit, we break down historical monetary shifts, the difference between inflationary and deflationary cycles, and why some analysts believe the current system is being reshaped rather than destroyed.We explore gold, digital assets, global trade realignments, and what these trends could mean for everyday Americans navigating economic uncertainty.This is an educational discussion focused on history, economics, and publicly available information.Watch, think critically, and decide for yourself.(Safe phrasing: no guarantees, no financial advice, no calls to action that trigger policy flags)https://LarryBallard.comYouTube and Rumble: @Liberty Crusade OfficialNOTE: This information is for educational and investigative purposes.-------------------------Check out all of our vendors at: https://patriotswithgrit.com/patriot-partners/ SPONSORS FOR THIS VIDEO❤️ Cardio Miracle – One Drink. Endless Benefits.Feel steady energy, sharper clarity, and stronger resilience every day.Own your freedom in health & experience the full power your body was designed for.

Indian Prime Minister Narendra Modi hails a ‘big agreement' struck with Brussels while European Commission President Ursula Von Der Leyen says the deal removes almost all trade barriers with a new a free trade zone of 2bn people. President Trump has increased tariffs on South Korean autos and other goods to 25 per cent. Metals are up at new record highs due to geo-political uncertainties with silver on course for its best month in more than 40 years. And in retail news, China's Anta moves to acquire a 29 per cent in German sportswear brand Puma. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

US equity futures firmer with S&P pointing slightly up. US two and ten-year yields both down. Dollar is mostly weaker with biggest move versus yen. Oil up. Gold extends to new record high above $5k/oz. Silver above $100. Industrial metals mostly higher. Bitcoin lower. In latest trade developments, President Trump threatened 100% tariffs on Canada if it makes deal with China. Trump is unclear on the deal he is referring to, though follows PM Carney's recent visit to China where he and Xi agreed to tariff concessions on China EVs and Canada agricultural products. Market is mostly ignoring Trump's latest tariff threat. Meanwhile, sources said India plans to reduce tariffs on Europe auto imports to 40% from as much as 110%, as part of free trade deal that could be announced as soon as Tuesday. UK PM Starmer is leading a delegation of business leaders in Beijing trip this week to enhance trade relationship.Companies Mentioned: Merck, Revolution Medicines, USA Rare Earth, SoftBank Group

DM government bond yields jumped last week on renewed U.S. tariff threats, then fell back as the U.S. stepped away from new tariffs on Europe. Michel Dilmanian, Portfolio strategist at the BlackRock Investment Institute, explains how immutable laws came into play again.General disclosure: This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities, funds or strategies to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. The opinions expressed are as of the date of publication and are subject to change without notice. Reliance upon information in this material is at the sole discretion of the reader. Investing involves risks. BlackRock does and may seek to do business with companies covered in this podcast. As a result, readers should be aware that the firm may have a conflict of interest that could affect the objectivity of this podcast.In the U.S. and Canada, this material is intended for public distribution.In the UK and Non-European Economic Area (EEA) countries: this is Issued by BlackRock Investment Management (UK) Limited, authorised and regulated by the Financial Conduct Authority. Registered office: 12 Throgmorton Avenue, London, EC2N 2DL. Tel:+ 44 (0)20 7743 3000. Registered in England and Wales No. 02020394. For your protection telephone calls are usually recorded. Please refer to the Financial Conduct Authority website for a list of authorised activities conducted by BlackRock.In the European Economic Area (EEA): this is Issued by BlackRock (Netherlands) B.V. is authorised and regulated by the Netherlands Authority for the Financial Markets. Registered office Amstelplein 1, 1096 HA, Amsterdam, Tel: 020 – 549 5200, Tel: 31-20- 549-5200. Trade Register No. 17068311 For your protection telephone calls are usually recorded.For Investors in Switzerland: This document is marketing material.In South Africa: Please be advised that BlackRock Investment Management (UK) Limited is an authorised Financial Services provider with the South African Financial Services Board, FSP No. 43288.In Singapore, this is issued by BlackRock (Singapore) Limited (Co. registration no. 200010143N). This advertisement or publication has not been reviewed by the Monetary Authority of Singapore. In Hong Kong, this material is issued by BlackRock Asset Management North Asia Limited and has not been reviewed by the Securities and Futures Commission of Hong Kong. In Australia, issued by BlackRock Investment Management (Australia) Limited ABN 13 006 165 975, AFSL 230 523 (BIMAL). This material provides general information only and does not take into account your individual objectives, financial situation, needs or circumstances. Before making any investment decision, you should assess whether the material is appropriate for you and obtain financial advice tailored to you having regard to your individual objectives, financial situation, needs and circumstances. Refer to BIMAL's Financial Services Guide on its website for more information. This material is not a financial product recommendation or an offer or solicitation with respect to the purchase or sale of any financial product in any jurisdictionIn Latin America: this material is for educational purposes only and does not constitute investment advice nor an offer or solicitation to sell or a solicitation of an offer to buy any shares of any Fund (nor shall any such shares be offered or sold to any person) in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities law of that jurisdiction. If any funds are mentioned or inferred to in this material, it is possible that some or all of the funds may not have been registered with the securities regulator of Argentina, Brazil, Chile, Colombia, Mexico, Panama, Peru, Uruguay or any other securities regulator in any Latin American country and thus might not be publicly offered within any such country. The securities regulators of such countries have not confirmed the accuracy of any information contained herein. The provision of investment management and investment advisory services is a regulated activity in Mexico thus is subject to strict rules. For more information on the Investment Advisory Services offered by BlackRock Mexico please refer to the Investment Services Guide available at www.blackrock.com/mx©2026 BlackRock, Inc. All Rights Reserved. BLACKROCK is a registered trademark of BlackRock, Inc. All other trademarks are those of their respective owners.BII0126-5156811-EXP0127

Gold continues its upward trajectory, bypassing the $5,000/oz for the first time ever as investors seek security due to geo-political risks. President Trump threatens Canada with 100 per cent tariffs sho8uld is seal a trade deal with China but Prime Minister Mark Carney says he was not pursuing an FTA with Beijing. A partial U.S. government shutdown looms as Democrats are set to vote against an ICE funding extension after a second fatality by federal agents in Minneapolis.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

US equity futures point to a firmer open following a higher close on Thursday, with Asian markets mostly higher and European equities trading narrowly firmer. US equities extended gains as risk sentiment continued to improve after President Trump further softened his stance on Greenland, reinforcing the recent de-escalation narrative and supporting cyclicals and small-caps. Market attention remains on US macro momentum and the Federal Reserve outlook, with investors digesting firm labor market signals, resilient consumption trends, and a flatter expected rate-cut path for 2026. Precious metals remained in focus as gold and silver pushed to new highs amid a weaker dollar and continued demand for hedges, while energy prices retreated as geopolitical risk premia eased.Companies Mentioned: CK Hutchison Holdings, Amazon, Warner Bros Discovery, Netflix, Paramount Skydance

Ukrainian President Volodomyr Zelenskyy slams Europe's ‘lost' leaders during his address at the WEF in Davos, calling for action, not words in response to Russia's invasion of his country. Nineteen nations sign up to President Trump's Board of Peace despite a lack of commitment from key European nations. The leaders of Paraguay and Kosovo tell CNBC that sceptical nations will eventually come around to the initiative. Crude prices bounce back following President Trump's claims he would renew attacks on Tehran should it attempt to revive its nuclear programme. Trump also moves to sue JP Morgan and its CEO Jamie Dimon for $5bn accusing the lender of allegedly debanking his accounts for political motives.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Global markets are entering 2026 amid heightened geopolitical uncertainty, structural shifts in the global order, and rapid technological change. Recorded live from the World Economic Forum in Davos, this episode of The Bid examines the macroeconomic and geopolitical forces shaping the year ahead.Host Oscar Pulido is joined by Philipp Hildebrand, Vice Chairman of BlackRock, and Tom Donilon, Vice Chairman of BlackRock and Chairman of the BlackRock Investment Institute. Drawing on conversations with political leaders, policymakers, and business executives in Davos, they reflect on an evolving geopolitical landscape and its implications for markets, governments, and global cooperation.The discussion explores how shifts in U.S. policy are reshaping alliances — particularly between the United States and Europe — and why this period may mark a broader transition away from the post–World War II global framework. Philipp outlines the pressures facing Europe, while Tom examines how national security considerations are increasingly shaping economic policy, trade, and global investment flows.Artificial intelligence emerges as a central theme, viewed both as an economic driver and a geopolitical force. The episode considers AI's role in national security competition, the growing importance of data centers and energy infrastructure, and how concerns around sovereignty, critical minerals, and societal impact are elevating AI from a technological issue to a political one.Key insights· How current geopolitical developments are reshaping the global outlook entering 2026· Why Davos remains a key forum for understanding policy and market sentiment· Where Europe's macroeconomic challenges and opportunities are most pronounced· How AI is increasingly intersecting with geopolitics and national security· What recent U.S.–Europe tensions reveal about future global cooperation· How investors and policymakers are interpreting uncertainty in today's environmentGeopolitics, global macro outlook, Europe economy, World Economic Forum Davos, AI and geopolitics, global markets, policy uncertaintyThis content is for informational purposes only and is not an offer or a solicitation. Reliance upon information in this material is at the sole discretion of the listener. Reference to any company or investment strategy mentioned is for illustrative purposes only and not investment advice. In the UK and non-European Economic Area countries, this is authorized and regulated by the Financial Conduct Authority. In the European Economic Area, this is authorized and regulated by the Netherlands Authority for the Financial Markets. For full disclosures, visit blackrock.com/corporate/compliance/bid-disclosures.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

US equity futures point to a firmer open following a strong rebound in the prior session, with Asian markets ended mostly higher and European equities trading solidly firmer. Today focus is on improving risk sentiment after President Trump stepped back from the threat of EU tariffs tied to Greenland, easing fears of an immediate US-EU trade escalation and supporting a broad rebound in equities. Markets are also responding to renewed optimism around the AI theme after bullish comments from Nvidia's CEO on the scale of future infrastructure investment and reports of OpenAI pursuing a large new funding round. Attention remains on the macro and policy backdrop, with investors monitoring upcoming US payrolls data, the timing of a Supreme Court ruling on IEEPA tariffs, and growing debate around the Fed's rate path as markets price fewer cuts for the year.Companies Mentioned: Alibaba Group, Warner Bros. Discovery, Yelp

The housing market has a profound effect on nearly every family, the economy, and the markets. In this special episode, Natalie Picha, CXO, is joined by Steel Door Group, Martha Turner Sotheby's International Realty's Brittany Waterman and Ashley Graves to break down Texas's real estate market: what really shapes affordability, why pricing may normalize into 2026, and the areas where buyers hold leverage. Natalie, Brittany, and Ashley discuss:• How the Texas market differs from other markets nationally• Inventory psychology and how it differs for various areas• Buyer behavior: later first purchases, family gifts, and mobilityIf you enjoy our podcast, please take a moment to subscribe. We would love it if you would leave us a rating and a review, as it's the best way for us to reach other listeners. We'd also love it if you could share the podcast with your friends and family. You can find us on LinkedIn, Facebook and Instagram for additional content, or reach out through our website at royalharborpartners.com.Experience the difference of working with a firm that empowers your life—a firm that focuses on what matters most—you. Whether you are beginning your financial journey now or have already taken steps toward your ultimate life goals, we are here to guide you. https://podcasts.apple.com/us/podcast/rhp-market-talk/id1538051530

President Trump tells CNBC's Joe Kernen he has ‘the concept of a deal' over Greenland and has stood down his threat of tariffs as a result. The reversal sends U.S. equities back into the green with the S&P 500 posting its best session since November and European futures point to a rebound as well. President Trump prepares for a signing ceremony for his Board of Peace in Davos but some leaders have so far declined to join. Dutch Prime Minister Dick Schoof tells CNBC his government still has reservations about the agreement. And there are hopes of a bilateral meeting between President Trump and Ukrainian President Volodomyr Zelenskyy. Polish President Karol Nawrocki warns this channel that Russia will plan to attack Europe in the future irrespective of a Ukrainian peace deal.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Welcome back to All Things Markets—Michael Novogratz and I are diving deep into the money in politics, the crypto legislation battle unfolding on Capitol Hill, and why the banking lobby might be winning fights it shouldn't. Novo has just returned from Washington with some sobering insights about Citizens United, lobbying power, and why the smart money is betting big on digital assets despite the headwinds. Michael Novogratz is the Founder and CEO of Galaxy Digital. He was formerly a Partner and President of Fortress Investment Group LLC. Mr. Novogratz served on the New York Federal Reserve's Investment Advisory Committee on Financial Markets from 2012 to 2015. He serves as the Chairman of The Bail Project and has made criminal justice reform a focus of his family's foundation. Follow Anthony on X: https://x.com/Scaramucci Follow Novo on X: https://x.com/novogratz Anthony Scaramucci is the founder and managing partner of SkyBridge, a global alternative investment firm, and founder and chairman of SALT, a global thought leadership forum and venture studio. Learn more about your ad choices. Visit podcastchoices.com/adchoices

S&P futures are up +0.4% and pointing to a higher open today following Tuesday's plunges. Asian equities closed mostly lower on Wednesday, though losses were more contained. Japan was weighed down by financials amid concerns over unrealized JGB losses. Greater China markets performed better, and South Korea's Kospi also ended higher, driven by tech and semiconductor strength. European markets are trading lower as markets remain cautious due to lingering trade tensions. Companies Mentioned: Energy Fuels, GameStop, Community Health Systems

U.S. markets endure their worst session since October as the President Trump ratchets up tariff tensions over Greenland. Speaking on a CNBC panel of central bank governors, Bundesbank President Joachim Nagel warns against the investigation into Federal Reserve Chairman Jerome Powell. French President Emmanuel Macron and Canadian Prime Minister Mark Carney bemoan the U.S. administration's ‘rupture' from hitherto established foreign policy strategies.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

S&P 500 future is down (1.7%) and Nasdaq 100 future is down (2%) as of now, both pointing to a sharply lower open today, as geopolitical tensions and tariff concerns continue to mount. Asian equities ended mostly lower on Tuesday with Japan leading the declines. European markets also opened broadly lower with major benchmarks down over 1%.Companies Mentioned: Viiv Healthcare, Ardelyx, Rapt Therapeutics, Google

This week on The Hamilton Review Podcast, we're delighted to welcome children's book author John Redstone. In this episode, John shares his personal journey from working as an investment analyst to becoming a children's book author, an inspiring story of where kids and culture collide. We know you'll enjoy John's colorful, rich, and delightful storytelling, and young listeners will especially love Humphrey the Hippo! John Redstone was born and raised in London and came to Canada in 1980. He had no intention of staying until he met his future wife, Chantal. They have now been together for over forty years. He held various Marketing and Engineering roles in the Metals and Mining industry until 1992.  At that point he made the fateful decision to become an Investment Analyst in the Financial Markets - a position he maintained until retiring in 2011. He has always been a faithful fan of Crystal Palace Football Club and a great admirer of hippos.  How to contact John Redstone:   John Redstone Website   John Redstone on TikTok   John Redstone on Facebook   How to contact Dr. Bob: Dr. Bob on YouTube: https://www.youtube.com/channel/UChztMVtPCLJkiXvv7H5tpDQ Dr. Bob on Instagram: https://www.instagram.com/drroberthamilton/ Dr. Bob on Facebook: https://www.facebook.com/bob.hamilton.1656 Dr. Bob's Seven Secrets Of The Newborn website: https://7secretsofthenewborn.com/ Dr. Bob's website: https://roberthamiltonmd.com/ Pacific Ocean Pediatrics: http://www.pacificoceanpediatrics.com/    

Fresh worries about Federal Reserve independence highlight how immutable economic laws can limit policy extremes. Nicholas Fawcett, Senior Economist at the BlackRock Investment Institute, explains the implications for markets.General disclosure: This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities, funds or strategies to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. The opinions expressed are as of the date of publication and are subject to change without notice. Reliance upon information in this material is at the sole discretion of the reader. Investing involves risks. BlackRock does and may seek to do business with companies covered in this podcast. As a result, readers should be aware that the firm may have a conflict of interest that could affect the objectivity of this podcast.In the U.S. and Canada, this material is intended for public distribution.In the UK and Non-European Economic Area (EEA) countries: this is Issued by BlackRock Investment Management (UK) Limited, authorised and regulated by the Financial Conduct Authority. Registered office: 12 Throgmorton Avenue, London, EC2N 2DL. Tel:+ 44 (0)20 7743 3000. Registered in England and Wales No. 02020394. For your protection telephone calls are usually recorded. Please refer to the Financial Conduct Authority website for a list of authorised activities conducted by BlackRock.In the European Economic Area (EEA): this is Issued by BlackRock (Netherlands) B.V. is authorised and regulated by the Netherlands Authority for the Financial Markets. Registered office Amstelplein 1, 1096 HA, Amsterdam, Tel: 020 – 549 5200, Tel: 31-20- 549-5200. Trade Register No. 17068311 For your protection telephone calls are usually recorded.For Investors in Switzerland: This document is marketing material.In South Africa: Please be advised that BlackRock Investment Management (UK) Limited is an authorised Financial Services provider with the South African Financial Services Board, FSP No. 43288.In Singapore, this is issued by BlackRock (Singapore) Limited (Co. registration no. 200010143N). This advertisement or publication has not been reviewed by the Monetary Authority of Singapore. In Hong Kong, this material is issued by BlackRock Asset Management North Asia Limited and has not been reviewed by the Securities and Futures Commission of Hong Kong. In Australia, issued by BlackRock Investment Management (Australia) Limited ABN 13 006 165 975, AFSL 230 523 (BIMAL). This material provides general information only and does not take into account your individual objectives, financial situation, needs or circumstances. Before making any investment decision, you should assess whether the material is appropriate for you and obtain financial advice tailored to you having regard to your individual objectives, financial situation, needs and circumstances. Refer to BIMAL's Financial Services Guide on its website for more information. This material is not a financial product recommendation or an offer or solicitation with respect to the purchase or sale of any financial product in any jurisdictionIn Latin America: this material is for educational purposes only and does not constitute investment advice nor an offer or solicitation to sell or a solicitation of an offer to buy any shares of any Fund (nor shall any such shares be offered or sold to any person) in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities law of that jurisdiction. If any funds are mentioned or inferred to in this material, it is possible that some or all of the funds may not have been registered with the securities regulator of Argentina, Brazil, Chile, Colombia, Mexico, Panama, Peru, Uruguay or any other securities regulator in any Latin American country and thus might not be publicly offered within any such country. The securities regulators of such countries have not confirmed the accuracy of any information contained herein. The provision of investment management and investment advisory services is a regulated activity in Mexico thus is subject to strict rules. For more information on the Investment Advisory Services offered by BlackRock Mexico please refer to the Investment Services Guide available at www.blackrock.com/mx©2026 BlackRock, Inc. All Rights Reserved. BLACKROCK is a registered trademark of BlackRock, Inc. All other trademarks are those of their respective owners.BII0126-5135643

Wall Street futures are in the red as U.S.-Europe tensions over the fate of Greenland concern global markets. Prior to leaving for the WEF in Davos, Switzerland, President Trump said only the U.S. can adequately protect the Arctic territory and he threatened to increase tariffs on French wine and champagne after President Macron declined his invitation to the Gaza Board of Peace. U.S. Treasury Secretary Scott Bessent dismisses ‘unwise' European retaliatory tariffs while Siemens Energy Chairman Joe Kaeser tells CNBC dialogue between Brussels and the White House must continue.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Overview: Tune into this week's episode of Launch Financial as we discuss global trade tensions causing treasury yields to spike and the markets to slip. All eyes this week are on earnings reports and PCE data, the Fed's preferred measure of inflation.  Show Notes:

President Trump has warned 8 European countries of further tariffs should they block the U.S. from acquiring Greenland by June. U.S. Treasury Secretary Scott Bessent, says European leaders will eventually be convinced the move is beneficial to the collective security of all NATO members. However, EU leaders will hold an emergency summit this week where French President Macron is expected to urge the bloc to launch almost €100bn of retaliatory tariffs and to employ its anti-coercion trade ‘bazooka' instrument against Washington. China achieves its 5 per cent GDP growth target for 2025 thanks to booming exports but moribund domestic consumption weighs on the data. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

AI investment, evolving earnings leadership, and shifting global dynamics are redefining stock market trends as investors enter 2026. Companies are deploying unprecedented capital toward data centers, compute, and productivity-enhancing technologies, while rate cuts and supply-chain realignment reshape the macro backdrop. These forces are changing how fundamentals, valuations, and sector growth patterns show up in equity markets.In this episode of The Bid, host Oscar Pulido speaks with Carrie King, Global CIO of BlackRock's Fundamental Equities group, about the major drivers influencing the 2026 equity outlook. Carrie breaks down why high-level valuations may mask improved corporate quality, how AI-related investment is broadening beyond semiconductors, and why the gap between megacap earnings and the rest of the market may begin to narrow.They also explore how global monetary easing is benefiting emerging markets, why Japan's structural reforms continue to support its equity story, and how diversification is becoming more challenging in a market shaped by a few powerful megaforces. Carrie explains what this means for sector positioning, volatility, and where long-term investors may find underappreciated opportunities.Key moments in this episode:00:00 Introduction: Can Stocks Maintain Momentum in 2026?03:29 AI's Dominance in the Market09:34 Global Investment Trends and Opportunities12:06 Earnings Growth and Sector Performance15:36 Diversification Strategies for Investors17:10 New Year's Resolutions for Investors18:59 Conclusion and Upcoming EpisodesKey insights include:· How AI-driven spending is reshaping earnings patterns and stock market trends· Why equity valuations may be better anchored than headlines suggest· Where the “other 493” may see accelerating earnings growth· How global rate cuts and supply-chain shifts are supporting EM and Japan· Why diversification requires new approaches in a megaforce-driven market· Which sectors—industrials, travel, and healthcare—may offer overlooked potentialstock market trends, AI investing, megaforces, capital markets, equity markets, global investing, sector rotationSources:Written Disclosures In Episode Description:This content is for informational purposes only and is not an offer or a solicitation. Reliance upon information in this material is at the sole discretion of the listener. Reference to any company or investment strategy mentioned is for illustrative purposes only and not investment advice. In the UK and non-European Economic Area countries, this is authorized and regulated by the Financial Conduct Authority. In the European Economic Area, this is authorized and regulated by the Netherlands Authority for the Financial Markets. For full disclosures, visit blackrock.com/corporate/compliance/bid-disclosures.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

US equity futures point to a modestly firmer open. Asian markets were mixed, while European equities were trading lower. Today's focus is on improving sentiment around AI and select cyclicals, with strong results and capex guidance from TSMC underpinning semiconductors and AI-linked names, while investment bank earnings provided support for financials. At the same time, oil retreated as geopolitical risk premiums faded after President Trump signaled he would hold off on Iran strikes, easing pressure across energy markets. Meanwhile, firmer US economic data and upbeat regional manufacturing surveys reinforced the narrative of economic resilience, prompting a backup in short-end yields and keeping expectations for rate cuts in 2026 more restrained, even as Fed officials continued to strike a cautious but broadly balanced tone on inflation and growth.Companies Mentioned: Ford Motor, JPMorgan Chase, Ferrari

Chicago Federal reserve Chairman Austan Goolsbee says the removal of Fed independence would see inflation “roaring back” and the IMF managing director Kristalina Georgieva has pledged her support behind Jerome Powell who is under criminal investigation. However, U.S. Commerce Secretary Howard Lutnick tells CNBC that the Fed has ‘plenty of room' to prompt further interest rate cuts. European equities hit another record high during Thursday's session following bumper earnings from Taiwan's TSMC. The result nudged European chip makers up and helped push the tech subindex to levels last seen at the start of the century. And a U.S. Congressional delegation are in Copenhagen to meet with Danish Prime Minister Mette Frederiksen to discuss the future of Greenland.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

US equity futures point to a steadier open. Asian markets traded mixed overnight, while European equity opened mixed. Today's focus is on a rotation away from mega-cap technology toward small caps, cyclicals, and defensives, with breadth improving as equal-weight indices outperformed despite headline index weakness. Bank earnings for a second day failed to impress, reinforcing pressure on money-center banks, while ongoing volatility was driven by mixed macro signals, geopolitical uncertainty around Iran and Venezuela, and continued scrutiny of housing affordability and defense spending from the White House. Policy remains a key theme as Fed officials delivered mixed messages on the timing of further easing, data showed resilient consumer demand alongside softer labor-market indicators, and markets continued to wait on a US Supreme Court decision related to tariff authority, alongside renewed attention on recently announced tariffs on advanced semiconductor imports not tied to domestic AI use.Companies Mentioned: Nvidia, Calavo Growers, Coca-Cola

We explore the forces likely to shape financial markets in 2026 and how to make better decisions as you pursue your goals this year.Topics covered include:The difference between intentions and resolutionsKey behavioral biases and how to overcome themThe cautionary tale of a private real estate fund that went publicIs the affordability crisis real?The big test for AI in 2026The financial and economic outlook for the yearSponsorsGelt - Taxes Done RightMasterworks - Invest in multimillion-dollar artwork offeringsDelete Me – Use code David20 to get 20% offInsiders Guide Email NewsletterGet our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletterOur Premium ProductsAsset CampMoney for the Rest of Us PlusShow NotesA Slightly Better You in the New Year by Roland Fryer—The Wall Street JournalPaying Not to Go to the Gym by Stefano DellaVigna and Ulrike Malmendier—American Economic AssociationHandbook of Cognitive Biases—Federal Intelligence Service FISEmployed full time: Median usual weekly real earnings: Wage and salary workers: 16 years and over—Federal Reserve Bank of St. LouisAmerica's affordability crisis is (mostly) a mirage—The EconomistWhen Your Private Fund Turns $1 Into 60 Cents by Jason Zweig—The Wall Street JournalCanadians Are Furious After Real Estate Funds Lock Up Their Money by Paula Sambo—BloombergBlue Rock TI+ Annual Report—Securities and Exchange CommissionWhich jobs have grown (and declined) fastest during your working life? by Andrew Van Dam—The Washington PostIs AI More Like a Mind or a Market? by Walter Frick—BloombergDon't Fear the Bubble Bursting by Carl Benedikt Frey—The New York TimesRelated Episodes484: 7 Steps to Living a Longer Life414: Use Caution with Private REITs like Blackstone's BREITSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In this conversation, Michael and I dig into a world that feels like it's coming unglued—regime change risks abroad, populism at home, and a Federal Reserve under political pressure. We discuss inequality, hard assets, Bitcoin, and why markets continue to rally despite the ground under American democracy feeling less stable than it should. Michael Novogratz is the Founder and CEO of Galaxy Digital. He was formerly a Partner and President of Fortress Investment Group LLC. Mr. Novogratz served on the New York Federal Reserve's Investment Advisory Committee on Financial Markets from 2012 to 2015. He serves as the Chairman of The Bail Project and has made criminal justice reform a focus of his family's foundation. Follow Anthony on X: ⁠⁠⁠⁠⁠https://x.com/Scaramucci⁠⁠⁠⁠⁠ Follow Novo on X: ⁠⁠⁠⁠⁠https://x.com/novogratz⁠⁠⁠⁠⁠ Anthony Scaramucci is the founder and managing partner of SkyBridge, a global alternative investment firm, and founder and chairman of SALT, a global thought leadership forum and venture studio. Learn more about your ad choices. Visit podcastchoices.com/adchoices

S&P futures are down (0.2%) and pointing to a slightly lower open today. Asian equities ended mostly higher on Wednesday. Japan's Nikkei surged on election speculation and yen weakness, while Greater China markets traded mix as Chinese authorities moved to raise margin finance ratios, dampening enthusiasm. European markets continue to advance in early trading. Companies Mentioned: Apple, Qualcomm, Genco Shipping, Cerebras Systems

-AI and Financial Markets (0:11) -AI Compliance and Claude Code Incident (2:56) -Trump's Claims and International Law (9:20) -Trump's Aggressive Foreign Policy (22:04) -Trump's Threats to the Federal Reserve (34:14) -Trump's Tariffs and Economic Impact (41:35) -Trump's Impact on Global Relations (45:22) -Trump's Vision for America (47:53) -Trump's Economic and Political Strategy (1:08:55) -Trump's Impact on American Society (1:09:50) -Economic Challenges and Job Market Changes (1:10:06) -Impact of AI on Various Industries (1:27:56) -Adapting to AI and Future Job Prospects (1:30:39) -Robotics and Automation in Society (1:43:31) -The Role of Creativity and Human Skills (1:53:01) -Financial Advice and Debt Management (2:02:27) -The Power of Asking and Building Relationships (2:21:35) -Resilience and Adaptability in a Changing World (2:22:04) -Final Thoughts and Encouragement (2:22:54) -Reinventing Ourselves and the Power of AI (2:24:48) -The Power of Ask and Supernatural Help (2:34:37) -The Year of the Mirror and Technological Discernment (2:36:47) -Due Diligence and Trustworthy Information (2:45:41) -The Story of Todd and Yana's Love (2:51:50) -Future Plans and Technological Innovations (3:02:30) -Closing Remarks and Final Thoughts (3:03:29) For more updates, visit: http://www.brighteon.com/channel/hrreport NaturalNews videos would not be possible without you, as always we remain passionately dedicated to our mission of educating people all over the world on the subject of natural healing remedies and personal liberty (food freedom, medical freedom, the freedom of speech, etc.). Together, we're helping create a better world, with more honest food labeling, reduced chemical contamination, the avoidance of toxic heavy metals and vastly increased scientific transparency. ▶️ Every dollar you spend at the Health Ranger Store goes toward helping us achieve important science and content goals for humanity: https://www.healthrangerstore.com/ ▶️ Sign Up For Our Newsletter: https://www.naturalnews.com/Readerregistration.html ▶️ Brighteon: https://www.brighteon.com/channels/hrreport ▶️ Join Our Social Network: https://brighteon.social/@HealthRanger ▶️ Check In Stock Products at: https://PrepWithMike.com

S&P futures are pointing to a flat open today, as markets brace for December CPI data and the kickoff of earnings season with major banks reporting. Asian equities ended mostly higher on Tuesday. Japan's Nikkei surged over +3%, driven by snap election speculation and yen weakness. Australia and Taiwan also posted gains, while Thailand was the only major market to close lower. European markets are mixed with the STOXX 600 hitting a fresh all-time high. The CAC is weighed by political uncertainty in France. Companies Mentioned: TSMC, NVIDIA, Lululemon

Wyatt, Henry, and Jake recently put out a report called "Total Value Lost", exploring how best to assess the value of various DeFi markets - starting with lending markets. This episode is a continuation of that conversation, exploring what carries value in DeFi going forward, particularly on the back of a shaky market period. This discussion covers: Where does the recent, ongoing market selloff leave us? What metrics matter for onchain markets? What market dynamics contributed to the October 10 washout? How does leverage manifest in onchain markets, and what does it look like today? How do you assess the value of illiquid cryptoassets? What drives revenue multiples. Which protocols will benefit from the tokenization of other asset classes, and which will struggle? How do the individual behaviors and incentives of investment funds contribute to crypto market volatility?

S&P futures are down (0.7%) and pointing to a lower open today. Asian equities ended Monday trading broadly higher. Mainland China and Hong Kong technology stocks led the rally after policy announcements supported several sectors. Australia and Taiwan also posted gains, while Thailand was the only major market to close lower. European markets are mostly lower in early trading. The Sentix investor confidence index for the Eurozone, due today, will provide insight into early 2026 sentiment, though caution persists following a downward trend at the end of 2025. Companies Mentioned: Warner Bros. Discovery, Sun Country Airlines, Prudential Financial, AT&T, Verizon