Podcasts about fomc

Market Recap and Insights: AI Chip Earnings and Economic Data Delays In this episode of Dividend Cafe, Brian Szytel from The Bahnsen Group provides a market update for November 19th. After four negative trading days, the markets saw slight gains with notable attention on the largest AI chip company's positive earnings report. Concerns are discussed about the sustainability of high capital expenditures among trillion-dollar market cap companies amidst stretched valuations. Limited economic data due to government delays is also addressed, along with comments on the FOMC minutes and the unlikelihood of a December rate cut. Brian clarifies The Bahnsen Group's stance on market seasonality, emphasizing a focus on fundamentals over time-of-year influences. The episode wraps up with a look forward to upcoming economic data reports. 00:00 Introduction and Market Overview 00:26 AI Chip Company Earnings and Market Impact 01:36 Economic Calendar and Fed Decisions 02:45 Market Seasonality and Investment Strategy 03:30 Final Thoughts and Upcoming Data Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

Kevin Hincks from the Cboe Global Markets says Nvidia (NVDA) will not only have ripple effects on dozens of other stocks but on the overall market. He cites CEO Jensen Huang's unwavering guidance and support for the strength in AI growth. Kevin expects "video game numbers" for Nvidia's report and wants to hear more about its Blackwell chip. On the macro front, he's anticipating more revelations on the Fed from its latest FOMC minutes release as well as today's Fed Speakers. ======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

APAC stocks were choppy, cautious, and eventually traded subdued, as the region held a tentative stance ahead of the FOMC minutes and NVIDIA earnings.The Trump administration has been secretly working in consultation with Russia to draft a new plan to end the war in Ukraine, according to Axios sources; Russia said Ukraine attempted to strike targets deep inside Russian territory.BoJ Governor Ueda, Japanese Finance Minister Katayama, and Japanese Economy Minister Kiuchi are set to meet at 09:10 GMT (04:10 EST), according to JiJi; Japanese Finance Minister Katayama is expected to speak to media at 09:30 GMT (04:30 EST).The White House confirmed that US President Trump is set to speak at the US-Saudi investment forum on Wednesday at 12:00 EST (17:00 GMT) in Washington.US Treasury Secretary Bessent said US President Trump may announce the next Fed Chair before Christmas, via Fox News.Looking ahead, highlights include UK CPI, EZ HICP (Final), US International Trade (Aug), FOMC Minutes, Fed's Williams, Logan, Barkin, Miran; BoE's Dhingra, supply from the UK & US. Earnings from NVIDIA, Target & Lowe's. Click for the Newsquawk Week Ahead.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Our Chief Global Economist Seth Carpenter and Global Cross-Asset Strategist Serena Tang return to conclude their two-part episode on 2026 outlooks and explain why the market environment is turning in favor of risk assets, especially U.S. stocks.Read more insights from Morgan Stanley.----- Transcript -----Seth Carpenter: Welcome to Thoughts in the Market. I'm Seth Carpenter, Morgan Stanley's Global Chief Economist.Serena Tang: And I'm Serena Tang, Morgan Stanley's Chief Global Cross-Asset Strategist.Seth Carpenter: Yesterday, Serena, we discussed our views on the global economy, and today I'm going to turn the tables on you and start asking you questions about our market outlook and how to invest across regions and across asset classes.It's Tuesday, November 18th at 10am in New York.Alright, Serena in 2025, global markets rode some significant volatility driven by tariffs, policy uncertainty. Things went up, they went down. Equities ultimately outperformed bonds as rate cuts began. But cross-asset strategy depended so much on identifying correlations, opportunities – all in a world that is still adapting to the new geopolitical dynamics and what seemed like evolving rules.So, with that backdrop, could you just broadly tell us what the investment strategy should be in 2026?Serena Tang: We think 2026 will be a strong year for risk assets as you have unusually pro-cyclical policy mix that's supportive of earnings. And that frees up markets to shift the focus from global macro concerns, which of course have dominated this year, to more micro asset specific narratives. Particularly those related to AI CapEx investment.And I think such a constructive environment really calls for a risk on tilt. We recommend equities over credit and government bonds, with a preference for U.S. assets.Seth Carpenter: Okay. I think last year we had some preference, at least for U.S. equities. Are there any other big rotations versus more of the same that you really want to highlight for folks?Serena Tang: In terms of, I think the strategy outlook itself, a big shift has been what we think drive investor focus the most. Our strategy mid-year outlook had focused heavily on global macro risks, right? Especially those, I think, emanated from trade tensions, which you alluded to earlier.I think this time around as the distribution of outcomes on tariffs, I think, has become a bit narrower, it's very much more about asset specific stories. And yes, you know, to your point about being, bullish on U.S. equities, we've maintained that view this time round and believe that U.S. equities can generally do better than rest of world.As you know, Mike Wilson, a colleague and chief U.S. equity strategist, he has a price target of 7800 for the S&P 500 index …Seth Carpenter: Wow.Serena Tang: Beating the expected returns from other regional equities by like quite a bit. So that's not changed. But I think that with this backdrop of post cyclical policy combo lifting U.S. earnings, we've also turned more bullish on high-yield corporate credit – that is bonds which are riskier.I think very much like U.S. equities, we believe that the asset class can benefit from the combination of monetary deregulation policy. But there's also like a very interesting technical component there, which is, as we expect, a surge in investment grade issuance to fund AI related CapEx. I think the high-yield market will be more insulated from this, which means outperformance versus higher quality corporate bonds.Seth Carpenter: Got it. Okay. So, as you're coming up with these strategies and these recommendations in lots of ways, it just relies on forecasting. And I have to say I'm sympathetic to how hard forecasting is, especially when it comes to the future. In our economic forecast, we also included a bunch of different alternate scenarios because I just see that much uncertainty in the global economy.So, with that as a backdrop, nothing is for sure. But where would you say your highest conviction calls are when it comes to investing in 2026?Serena Tang: Well, as I mentioned, we like U.S. equities and that remains a very high conviction call for us. [I] sort of dug through the details of that already. And so, I want to turn to a[n]other high conviction view, which is curve steepening. We see pretty material U.S. treasury curve steepening over the next year. I think even as a macro strategist, actually expect yields at least in the backend to be mostly range bound. And this steepening will be very much driven by what happens in the two-year point – I think as markets continue to, we think, underpriced, future Fed easing and growth slow down tail risks.Seth Carpenter: So that's super helpful in terms of the places where you're convicted. Let me be perhaps a little bit unfair because nothing is in fact certain. And so, if there are things that we feel pretty sure about, there've got to be things where we're either not sure or parts of the market that really pose the most risk.So, if I asked you then, where do you see the biggest risk for investors in markets next year, what would you say?Serena Tang: So, one of them really is AI investment cycle abruptly ending. And this has been a topic of huge debate in all of the investor meetings that we've had over the last several weeks. Because the idea is you have a sharp pullback in investment in the next 12 months, which could trigger a pretty cascading effect. And of course that would likely pressure U.S. equities, I think given hyperscalers index weight. But could weirdly enough benefit IG credit by reducing issuance, which has been the main driver of wider spreads in our forecast. But I think the other risk here actually is if animal spirits run a bit too hot. Underlying our equities over credit over rates allocation is some revival in animal spirits, but it's not the kind of irrational exuberance that marks the end of cycle in our view.Given, I think there's still rational belief in that policy triumvirate that we touched on earlier, that can still be supportive of risk. But you know, I think if sentiment does overheat then our allocation tilt towards cyclicals and beta would be wrong. And historically late cycle expansions see investment grade outperforming high yield inequities, with bonds eventually leading returns.The last risk, I think, to our asset allocation, is really the Fed. Either the FOMC not easing further over the next 12 months or if it changes its reaction function. And I think both of those will have very different implications of what happens to the front end of the yield curve. So, my question to you, Seth, is what do you see as the probability around both of those scenarios?Seth Carpenter: Look, with the data that we have before the government shut down, it was clear there was a tension. Spending by households, spending by businesses was strong. Employment data were getting weaker and weaker, and the Fed has decided to start cutting to err on the side of insulating against further deterioration in the labor market.So, one thing that could upend our forecast is that the real signal is from the spending. Spending stays strong, the labor market eventually catches up to the stronger spending, and we start to see job gains come back. If that happens, especially with inflation now running notably above the Fed's target, I just don't really think we're going to get anywhere near the number of rate cuts that we forecast or that are already priced into market. So, you'd have to see a reversal.How likely is that you can't rule it out? I'd say 20 percent or something like that. Maybe a little bit more. On the other hand, to the downside. I wonder if what you're getting at a little bit is there's going to be some turnover in the personnel at the Fed. And do we have to worry about a fundamentally different reaction function from the Fed going forward and cutting rates aggressively, even if the macro considerations don't warrant? Is that really what you were getting at?Serena Tang: Yes. I think that has been the question on the forefront of investors' minds…Seth Carpenter: Yeah, I think that's a real question. The way I look at it is Chair Powell is in charge of the Fed now. His term goes through May of next year. And so, until we get to the middle of next year, I don't really think there's any fundamental change in how the Fed does business. But it really does seem like we're going to have a new Fed chair in June of next year. But even there, we have got to remember that the committee is a committee and that's how policy is decided. And so, if there was a new chair who really, really, really wanted to take policy in a truly unorthodox way, I also don't think that's really feasible over the second half of next year – because there just won't have been that much turnover in terms of the personnel of the Fed. That's how we're looking at it for now. I really don't think that latter version of the world is a big risk. That said, I'm going to throw it back to you [be]cause I always have to get the last word.You talked about asset classes, bullish on U.S. equities. We talked about high yield bonds; we talked about some of the risks that markets have to face. But one thing I didn't hear – and we do have a global investor base – Is about currencies and specifically the dollar.So, this time last year, the team made a pretty bold call that the dollar would depreciate a great deal. And here we are and the dollar has come off a lot on net over this year. That stabilized a little bit. Maybe not for the whole year [be]cause that kind of forecasting is hard for currencies. But what do you see over the next few months called the next half year for the dollar? Is it going to continue the trend or do you think we should see a reversal?Serena Tang: So, we do think the dollar will continue its trend downwards from here to the middle of next year. And I know, I know. There's been a lot of discussion, there's been a lot of debate around whether the dollar has basically stopped where we are. But the thing is, you know, going back to what you mentioned around the path for growth in the U.S. and unemployment in the U.S. – if we do see softer economic data in the first half of next year, that can drive the dollar downwards. In fact, we're once again, more bearish than consensus on the dollar by the middle of next year.Seth Carpenter: Got it. All right. That's super helpful. Serena, thank you so much for taking the time to talk with me today and let me ask the questions of you.Serena Tang: Always a pleasure, Seth.Seth Carpenter: And thank you for listening. If you enjoy Thoughts on the Market, please leave us a review wherever you listen and share the podcast with a friend or a colleague today.

Podcast del programa Imagen Empresarial transmitido originalmente el 18 de noviembre del 2025. Conduce Rodrigo Pacheco. Los entrevistados de hoy: Entrevista: Rosa María Rubio Kantun, analista económico en Monex Tema: **Reapertura del Gobierno y qué esperar de los próximos datos de EUA: Persisten señales de debilidad en el empleo, ¿Qué esperar al conocer las cifras de la nómina no agrícola sin la tasa de desempleo? **¿Qué esperar de la minuta de la Fed? El miércoles 19 de noviembre se publicará, por lo que será clave analizar el punto de vista de los miembros del FOMC ante la falta de datos económicos y el rezago que tiene la información, con el momento actual de la economía y por ende cómo podría afectar este contexto en la última decisión de política monetaria de la Fed. Entrevista: Vincent Speranza, director general de Endeavor México y asesor para la región Latam y Stefan Möller, fundador y CEO de Klar Tema: Actualidad del emprendimiento en México

Garrett Melson joins Diane King Hall at the NYSE set to get his vantage point on the current markets. He examines the gains between the Mag 7 and the "S&P 493" to break down the performance between them. Garrett doesn't see any let up in capex spend from the hyperscalers and says the market pessimism isn't making sense to him. On the more macro front, he sees a potential "pause and skip" for the FOMC. Garrett later looks at the jobs market, with a low hire/low fire rate continuing to limit job openings calling it a "linear cooldown" but not a cracking in the labor market. ======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – / schwabnetwork Follow us on Facebook – / schwabnetwork Follow us on LinkedIn - / schwab-network About Schwab Network - https://schwabnetwork.com/about

In this episode, Craig Jeffery talks with John Mosko and Sue Hill of Federated Hermes about Jerome Powell's final months as Fed Chair and what a leadership change could mean for markets, rates, and policy transparency. They cover potential successors, economic risks, and how treasury teams can prepare for evolving FOMC dynamics and potential impacts in 2026. Views are those of Federated Securities Corp. as of November 7th, 2025, and are subject to change based on market conditions and other factors. These views should not be construed as a recommendation for any specific security or sector. Due to various risks and uncertainties, actual events, results or actual performance may differ materially from that reflected or contemplated in any forward-looking statements. Nothing contained herein may be relied upon as a guarantee, or a representation as to the future. Although the information provided in this podcast has been obtained from sources which Federated Hermes believes to be reliable, it does not guarantee accuracy of such information and such information may be incomplete or condensed. Federated Hermes is not affiliated with Strategic Treasurer.  

US equities finished lower in Monday trading, ending a bit off worst levels. There were a few moving pieces as the market waits for a number of higher-profile events this week, including Nvidia NVDA earnings, retail earnings, FOMC minutes, a barrage of Fedspeak, and September's NFP and flash PMIs. In macro news, the Empire State manufacturing survey for November posted a surprise increase to 18.7, its highest since last November.

Hawkish commentary from Fed speakers, a lack of economic data, and trouble balancing a dual mandate are all headwinds Rebecca Walser (@walserwealth) sees hitting the Fed. She explains how they conglomerate into markets pricing in a lesser chance for a December interest rate cut. On the A.I. trade, Rebecca talks about "bubbleistic" and "prickly" views on spending that she believes started with Oracle (ORCL). She adds that projections of a 7,800 SPX by the end of 2026 is attributed to analysts "pricing everything for perfection." ======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – / schwabnetwork Follow us on Facebook – / schwabnetwork Follow us on LinkedIn - / schwab-network About Schwab Network - https://schwabnetwork.com/about

Jim Bianco (@BiancoResearch) says inflation is a bigger problem for the economy instead of jobs. He explains how the "K-shaped economy" many experts have hinted toward is closely tied to rising inflation, using Target (TGT) as a barometer for his metrics. On the FOMC, Jim touches on how Fed governors will use December's meeting to show their independence following comments from President Trump suggesting otherwise. ======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – / schwabnetwork Follow us on Facebook – / schwabnetwork Follow us on LinkedIn - / schwab-network About Schwab Network - https://schwabnetwork.com/about

Today's @CharlesSchwab Big Picture panel turns to the slew of economic data that will trickle into markets now that the U.S. government has reopened. Kathy Jones makes the case that the September jobs report expected Thursday will see heavy revisions due to the risk of it already being outdated. She also explains how "too high" inflation doesn't give the FOMC "room to run" for a December interest rate cut. ======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – / schwabnetwork Follow us on Facebook – / schwabnetwork Follow us on LinkedIn - / schwab-network About Schwab Network - https://schwabnetwork.com/about

https://shorturl.at/gM97lHow to Use Artificial Intelligence for Investing - Combo of 5 ebooksStay updated with the Daily Stock Market News (Nov 17, 2025)!In today's market roundup, we cover major global and Indian financial developments — from US market cues, FOMC minutes, and gold slowdown reasons, to key updates on India's WPI inflation, bank credit growth, and coal import trends.We also break down important corporate earnings including Tata Motors PV Q2, Max Healthcare Q2, and the latest on the Kotak Bank stock split, along with an update on NTPC's nuclear expansion.Watch till the end for the Knowledge Section to boost your financial understanding!#stockmarketnews #indianstockmarket #tatamotors #kotakbank #maxhealthcare #usmarket #fomc #inflation #oilprices #trumpnews #ntpc #marketupdates #wpi #investing #sensex #nifty50 #stockmarketindia #economy #financenews #dailymarketupdate 00:00 Start00:39 US Market01:38 FOMC Minutes02:26 Reason for Gold Slowing & Higher 10-Year G-Sec02:44 Oil Prices Jump03:42 Trump Tariff Rollback04:47 India WPI Inflation Drops05:53 Bank Credit Growth Slows06:20 Coal Imports Rise07:12 Week Ahead: Market Triggers08:18 Tata Motors PV Q2 Results09:53 Kotak Bank Stock Split10:37 Max Healthcare Strong Q211:31 NTPC Nuclear Expansion13:26 Knowledge Section

Sara Eisen and Carl Quintanilla kicked off the hour with a fresh read on where the Federal Reserve stands on rates - after a tough day for the markets on falling odds of a December cut - and on the heels of new, hawkish comments out of one FOMC voting member top of the hour. Market veteran Mohamed El-Erian gave his take - in addition to Apollo Chief Economist Torsten Slok. Plus: is the tech sell-off overdone - or is there more pain to come? Longtime tech bull, Wedbush's Dan Ives, joined the team with his reasons to buy here.  Also in focus: the retail wrap-up - from Walmart's CEO retiring after more than a decade at the helm (including who's taking the reins and what it means for shareholders) and more on the shock end, effective immediately, to Under Armour's partnership with Stephen Curry... Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Today's Charles Schwab Big Picture turns to the potential for the Fed to cut interest rates in December. Collin Martin attributes the significant probability cut to the government shutdown and the lack of data the FOMC got in October and start of November. He later discusses the credit risk to Big Tech firms taking on billions of dollars in debt to build out their A.I. infrastructure.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

Nossos sócios Luiz Eduardo Portella, Tomás Goulart e Sarah Campos debatem, no episódio de hoje, os principais acontecimentos da semana no Brasil e no mundo. No cenário internacional, membros do Fed adotaram tom mais hawk ao longo da semana, reforçando que a decisão de dezembro está longe de ser trivial. O governo americano chegou a um acordo orçamentário, encerrando o maior shutdown da história e garantindo financiamento até janeiro. Ainda nos EUA, Trump falou sobre cheques de US$2 mil à população, aumentando o risco fiscal. Na Europa, o Reino Unido recuou na proposta de elevar impostos após revisão positiva das projeções fiscais. Na geopolítica, houve novos ataques entre Rússia e Ucrânia. No Brasil, a ata do Copom esclareceu que o modelo de projeção condicional do BCB incorporou preliminarmente o impacto da nova faixa de isenção do IR, com o cenário condicional ainda projetando inflação em 3,3%, interpretado como mais dove que a expectativa. O IPCA de outubro veio melhor do que o esperado, com núcleos em desaceleração, exceto os ligados a mão de obra — ainda pressionados por um mercado de trabalho forte. Os dados de atividade vieram mistos: serviços surpreenderam positivamente, enquanto comércio recuou. No campo político, Lula interrompeu a sequência de melhora nas pesquisas e o cenário para 2026 voltou a ficar mais apertado. Nos EUA, o juro de 1 ano abriu 7 bps, enquanto as bolsas tiveram desempenho misto – S&P 500 +0,08%, Nasdaq -0,21% e Russell 2000 -1,83%. No Reino Unido, o juro de 30 anos abriu 14 bps. No Brasil, o jan/27 fechou 25 bps, o Ibovespa subiu 2,39% e o real valorizou 0,69%. Na próxima semana, destaque para o payroll nos EUA, PMIs e minuta do FOMC. No Brasil, saem os dados fiscais bimestrais. Não deixe de conferir!

The U.S. government has reopened after the longest shutdown in American history. Futures still slid ahead of the opening bell. Kevin Hincks says some of the weakness may come from the lack of economic data markets will receive, signaled by the White House stating no October CPI is coming. It also complicates the Fed's interest rate picture due to the FOMC's data dependence.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

Chares Schwab's Cooper Howard attributes "slippage" in the 10-year yield to the House vote on the government shutdown happening Wednesday. He tells investors to brace for a massive influx of jobs and inflation data that can create volatility as it is unveiled. Cooper adds that the FOMC's December meeting is "very much up in the air" as to whether Jerome Powell and company vote to cut interest rates.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

Alonso Munoz says the fundamentals to the U.S. economy remain strong and support a "Christmas rally" into the end of the year. He also sees the FOMC cutting interest rates again in December that would add fuel to the expected rally. As for his stock picks, Alonso labels Meta Platforms (META) as a company with great earnings that's gotten too beaten down over A.I. spending concerns. He considers Tesla (TSLA) a buy on expectations that Elon Musk's $1 trillion pay package will direct focus toward robotics and A.I. innovations.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

In this episode on Certificates of Deposit (CDs) as investments, we talk about the nuanced decision-making involved in purchasing CDs and whether or not CDs are good investments, particularly in a rising interest rate environment, and we explain why interest rates are the only factor you need to consider. Wealth creation isn't solely dependent on CD rates, and we need to consider the impact of inflation and interest rates to gain a comprehensive financial perspective. The episode also explores how government strategies to combat inflation by adjusting interest rates impact not only investors, but also shape the attractiveness of CDs as an investment option. In a rising interest rate environment, buying CDs may seem like a good idea but it depends on your needs and goals. Wealth isn't created by buying a CD based on a rate. It's created by understanding why the rate may not be all that important. Banks look at what is known as the federal funds rate, also known as a benchmark rate. This is the rate banks charge one another to borrow money overnight that's needed to maintain reserve requirements. Upstream in the decision making process is the Federal Open Market Committee or FOMC, who meet throughout the year to discuss and set monetary policy. Within these policies, rates are set and typically linked to inflation. When those rates are set, banks may adjust rates on loans, deposits and certificates of deposit. But just like any business, banks will adjust rates to compete in their market as they seek to cover their costs and maintain a profit. CDs specifically are an attractive tool for banks, because unlike a deposit account, CDs actually lock up customers with a maturity date, which gives banks better control of their cash flow. The higher rates draw in customers seeking to maximize their returns. Rates on CDs matter, but not as much when you factor in inflation and interest rates. If inflation is at 7% and interest rates are at 5%, the net is 2%. The same is true if inflation is at 0% and interest rates are at 2%. You have to look at both numbers to get a full picture. When you consider the gridlock within the housing market and the amount of debt our government holds, it's hard to believe rates can remain elevated over the long term. The government is desperately trying to combat inflation by raising rates. These higher rates not only impact consumers, but they also impact the government. According to the Congressional Budget Office, or CBO, in June of 2023, they projected that annual net interest costs on the federal debt would total $663 billion in 2023 and almost double over the next decade. Interest payments would total around $71 trillion over the next 30 years, taking up to 35% of all federal revenue by 2053. These numbers are impacted by interest rates and with lower rates come lower interest payments, so the government has reasons to see rates lower than they currently are. The question is: Does it make sense to lock in CD rates while rates are high? It depends. If you have money sitting in a bank account that you don't need and the CD rate is offering a higher rate than your savings, then it might be a good option. A good idea is to compare CD rates to other options like fixed annuities and money markets since they share some similarities but also have a few key differences that could make one choice better for your situation. Certificates of Deposit are offered by banks as a savings account that offers a fixed interest rate over a specified period of time, ranging from one month up to five years. They carry penalties if funds are removed before maturity, and they're FDIC insured up to $250,000. Fixed Rate annuities are issued by insurance companies and are financial products that offer a fixed interest rate over a specified period of time. Early withdrawals can incur a penalty, and interest earnings are tax deferred until you start taking distributions. The guarantees are backed by the claims paying ability of the insurance company and are insured by what is known as the State Guarantee Association. Money markets are funds issued by financial institutions that are backed by highly liquid short maturity investments. Maturities usually range from overnight to just under a year, and assets can be quickly converted to cash with minimal loss of value. They are generally considered more risky than a bank, CD or insurance company annuity, and the underlying investments include such things as treasury bills, commercial paper and CDs. While CDs offer the safety of fixed returns, they are not devoid of risks and limitations. It's essential to understand both the micro and macro economic factors that affect CD rates before diving in.      Mentioned in this episode: BrianSkrobonja.com Common Sense Financial Podcast on YouTube  Common Sense Financial Podcast on Spotify BrianSkrobonja.com/Resources - Free Resources To Help You Protect Your Financial Future Common Sense: YOUR Guide to Making Smart Choices with YOUR Money by Brian Skrobonja "What to Know About How Banks Work" The State Guaranty Association   References for this episode: https://www.pbs.org/newshour/economy/americans-faith-in-banks-hit-low-after-failures-says-ap-norc-poll https://www.federalreserve.gov/monetarypolicy/reservereq.htm https://fortune.com/recommends/banking/will-cd-rates-go-up https://www.usbank.com/investing/financial-perspectives/market-news/federal-reserve-tapering-asset-purchases.html https://www.pgpf.org/analysis/2023/07/higher-interest-rates-will-raise-interest-costs-on-the-national-debt   Investing involves risk, including the potential loss of principal. This is intended for informational purposes only. It is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual's situation. Securities offered only by duly registered individuals through Madison Avenue Securities, LLC. (MAS), Member FINRA &SIPC. Advisory services offered only by duly registered individuals through Skrobonja Wealth Management (SWM), a registered investment advisor. Tax services offered only through Skrobonja Tax Consulting. MAS does not offer Build Banking or tax advice. Skrobonja Financial Group, LLC, Skrobonja Wealth Management, LLC, Skrobonja Insurance Services, LLC, Skrobonja Tax Consulting, and Build Banking are not affiliated with MAS.

"It's a matter of time" before the government reopens, says Alex Coffey, calling the Senate's 60-vote threshold the "biggest hurdle" in the process. Now focus turns to key inflation and jobs data, as Alex highlights the prospective timeline of key reports. The question remains: what will that data show and what will it mean for interest rate cuts? Alex talks about the "inverse relationship" he sees in corporate layoffs and the yellow flag it waves for the FOMC. As for equities, he explains how SoftBank's sales of Nvidia (NVDA) shares can be bullish for the company.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

The Einstein of Wall Street, Peter Tuchman, talks about everything he sees as pivotal to markets ahead. He points to the waterfall of economic data investors will get once the government reopens as critical to outlook, particularly in the eyes of the FOMC and interest rate cuts. Peter also urges investors "tune out the noise" and pay attention to metrics. He explains why investors overreacted to SoftBank's unloading of Nvidia (NVDA) shares and turns to prior commentary from SoftBank's CEO behind his reasoning.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

Our CIO and Chief U.S. Equity Strategist Mike Wilson unpacks why stocks are likely to stay resilient despite uncertainties related to Fed rates, government shutdown and tariffs.Read more insights from Morgan Stanley.----- Transcript -----Welcome to Thoughts on the Market. I'm Mike Wilson, Morgan Stanley's CIO and Chief U.S. Equity Strategist. Today on the podcast, I'll be discussing recent concerns for equities and how that may be changing. It's Monday, November 10th at 11:30am in New York. So, let's get after it.We're right in the middle of earnings season. Under the surface, there may appear to be high dispersion. But we're actually seeing positive developments for a broadening in growth. Specifically, the median stock is seeing its best earnings growth in four years. And the S&P 500 revenue beat rate is running 2 times its historical average. These are clear signs that the earning recovery is broadening and that pricing power is firming to offset tariffs. We're also watching out for other predictors of soft spots. And over the past week, the seasonal weakness in earnings revision breath appears to be over. For reference, this measure troughed at 6 percent on October 21st, and is now at 11 percent. The improvement is being led by Software, Transports, Energy, Autos and Healthcare. Despite this improvement in earnings revisions, the overall market traded heavy last week on the back of two other risks. The first risk relates to the Fed's less dovish bias at October's FOMC meeting. The Fed suggested they are not on a preset course to cut rates again in December. So, it's not a coincidence the U.S. equity market topped on the day of this meeting. Meanwhile investors are also keeping an eye on the growth data during the third quarter. If it's stronger than anticipated, it could mean there's less dovish action from the Fed than the market expects or needs for high prices.I have been highlighting a less dovish Fed as a risk for stocks. But it's important to point out that the labor market is also showing increasing signs of weakness. Part of this is directly related to the government shutdown. But the private labor data clearly illustrates a jobs market that's slowing beyond just government jobs. This is creating some tension in the markets – that the Fed will be late to cut rates, which increases the risk the recovery since April falls flat. In my view, labor market weakness coupled with the administration's desire to "run it hot" means that ultimately the Fed is likely to deliver more dovish policy than the market currently expects. But, without official jobs data confirming this trend, the Fed is moving slower than the equity market may like. The other risk the market has been focused on is the government shutdown itself. And there appears to be two main channels through which these variables are affecting stock prices. The first is tighter liquidity as reflected in the recent decline in bank reserves. The government shutdown has resulted in fewer disbursements to government employees and other programs. Once the government shutdown ends which appears imminent, these payments will resume, which translates into an easing of liquidity.The second impact of the shutdown is weaker consumer spending due to a large number of workers furloughed and benefits, like SNAP, halted. As a result, Consumer Discretionary company earnings revisions have rolled over. The good news is that the shutdown may be coming to an end and alleviate these market concerns. Finally, tariffs are facing an upcoming Supreme Court decision. There were questions last week on how affected stocks were reacting to this development. Overall, we saw fairly muted relative price reactions from the stocks that would be most affected. We think this relates to a couple of variables. First, the Trump administration could leverage a number of other authorities to replace the existing tariffs. Second, even in a scenario where the Supreme Court overturns tariffs, refunds are likely to take a significant amount of time, potentially well into 2026.So what does all of this all mean? Weak earnings seasonality is coming to an end along with the government shutdown. Both of these factors should lead to some relief in what have been softer equity markets more recently. But we expect volatility to persist until the Fed fully commits to the run it hot strategy of the administration. Thanks for tuning in; I hope you found it informative and useful. Let us know what you think by leaving us a review. And if you find Thoughts on the Market worthwhile, tell a friend or colleague to try it out!

Tara Sinclair is a professor and chair of the economics department at George Washington University. Tara returns to the show to discuss her ambitious paper simulating an FOMC meeting before it happens with LLM models, the process of building sim FOMC members, the importance of publicly funding economic data, the future of AI and macroeconomics, and much more. Check out the transcript for this week's episode, now with links. Recorded on October 27th, 2025 Subscribe to David's Substack: Macroeconomic Policy Nexus Follow David Beckworth on X: @DavidBeckworth Follow Tara on X: @TaraSinc Follow the show on X: @Macro_Musings Check out our Macro Musings merch! Subscribe to David's new BTS YouTube Channel  Timestamps 00:00:00 - Intro 00:01:44 - Data and Policymaking 00:05:28 - Federal Forecasters Conference 00:08:01 - FOMC in Silico 00:32:56 - Future Applications 00:38:29 - Broader Implications 00:42:57 - Central Bank Governance and AI 00:51:40 - Outro

The Big Picture for Charles Schwab today focuses on the presumptive end to the government shutdown. Kathy Jones explains that an expected influx of data will clear the fog on the Fed's path forward, though it may not happen the way many people expect. She turns to the bond market to highlight volatility investors in the space should brace for.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

Our Chief U.S. Economist Michael Gapen and Global Head of Macro Strategy Matthew Hornbach discuss potential next steps for the FOMC and the risks to their views from the U.S. government shutdown. Read more insights from Morgan Stanley.----- Transcript -----Matthew Hornbach: Welcome to Thoughts on the Market. I'm Matthew Hornbach, Global Head of Macro Strategy.Michael Gapen: And I'm Michael Gapen, Morgan Stanley's Chief U.S. Economist.Matthew Hornbach: The October FOMC meeting delivered a quarter percent rate cut as widely expected – but things are more complicated, and policy is not on a preset path from here.It's Friday, November 7th at 10am in New York.So, Mike, the Fed did cut by 25 basis points in October, but it was not a unanimous decision. And the Federal Open Market Committee decided to end the reduction of its balance sheet on December 1st – earlier than we expected. How did things unfold and does this change your outlook in any way?Michael Gapen: Yeah, Matt, it was a surprise to me. Not so much the statement or the decision, but there were dissents. There was a dissent in favor of a 50-basis point cut. There was a dissent in favor of no cut. And that foreshadowed the press conference – where really the conversation was about, I think, a divided committee; and a committee that didn't have a lot of consensus on what would come next.The balance sheet discussion, which we can get into, it came a little sooner than we thought, but it was largely in line with our view. And I'm not sure it's a macro critical decision right now. But I do think it was a surprise to markets and it was certainly a surprise to me – how much Powell's tone shifted between September and October, in terms of what the market could expect from the Fed going forward.So, what he said in essence, the key points, you know. The policy's not on a preset path from here. Or [a] cut in December is maybe not decidedly part of the baseline; or certainly is not a foregone conclusion. And I think what that reflects is a couple of things.One is that they're recalibrating policy based on a risk management view. So, you can cut almost independent of the data, at least in the beginning. And so now I think Powell's saying, ‘Well, at least from here, future cuts are probably more data dependent than those initial cuts.' But second, and I think most importantly is the division that appeared within the Fed. I think there's one group that's hawkish, one group that's dovish, and I think it reflects the division and the tension that we have in the economic data.So, I think the hawkish crowd is looking at strong activity data, strong AI spending, an upper income consumer that seems to be doing just fine. And they're saying, ‘Why are we cutting? Financial conditions for the business community is pretty easy. Maybe the neutral rate of interest is higher. We're probably less restrictive than you think.' And then I think the other side of the committee, which I believe still that Chair Powell is in, is looking at a market slowdown in hiring a weak labor market. What that means for growth in real income for those households that depend on labor market income to consume; there's probably some front running of autos that artificially boosted growth in the third quarter.So, I think that the dissents, or I should say the division within the FOMC, I think reflects the tension in the underlying data. So, to know which way monetary policy evolves, Matt, it's essentially trying to decide: does the labor market rebound towards the activity data or does the activity data decelerate at least temporarily to the labor market?Matthew Hornbach: Mike, you talked a lot about data just now, and we're not exactly getting a lot of government data at the moment. How are you thinking about the path for the data in terms of its availability between now and the December FOMC meeting? And how do you think that may affect the Fed's willingness to move forward with another rate cut in the cycle?Michael Gapen: Right. So that's key and critical to understanding, right? We're operating under the assumption, of course the federal government shutdowns going to end at some point. We're going to get all this back data released and we can assess where the economy is or has been. I think the way markets should think about this is if the government shutdown has ended in the next few weeks, say before Thanksgiving – then I think we, markets, the Fed will have the bulk of the data in front of them and available to assess the economy at the December FOMC meeting.They may not have it all, but they should get at least some of that data released. We can assess it. If the economy has moderated and weakened a bit, the labor market has continued to cool, the Fed can cut. If it shows maybe the labor market rebounding downside risk to employment being diminished, maybe the Fed doesn't cut.So that's a world and it is our expectation the shutdown should end in the next few weeks. We're already at the longest shutdown on record, so we will get some data in hand to make the decision for December. Perhaps that's wishful thinking, Matt, and maybe we go beyond Thanksgiving, and the shutdown extends into December.My suspicion though, is if the government is still shut down in December, I can't imagine the economy's getting better. So, I think the Fed could lean in the direction of taking one more step.Matthew Hornbach: This is going to be very critical for how the markets think about the outlook in 2026 and price the outlook for 2026. The last FOMC meeting of the year has that type of importance for markets – pricing, the path of Fed policy, and the path of the economy into 2026. Because if we end up receiving a rate cut from the Fed, the dialogue in the investment community will be focused on when might the next cut arrive. Versus if we don't get that rate cut in December, the dialogue will focus on, maybe we will never see another rate cut in the cycle. And what if we see a rate hike as we make our way through the second half of 2026? So that can have a dramatic impact on the U.S. Treasury market and how investors think about the outlook for policy and the economy.Michael Gapen: So, I think that's right. And as you know, our baseline outlook is at least through the first quarter, if not into the second quarter. The private sector will still be attempting to pass through tariffs into prices. And I think in the meantime, demand for labor and the hiring rate will remain low.And so, we look for additional labor market slack to build. Not a lot, but the unemployment rate moving to more like 4.6, maybe 4.7 – and that underpins our expectation the Fed will be reducing rates in in 2026. But I think as you note, and as I mentioned earlier, there is this tension in the data and it's not inconceivable that the labor market accelerates. And you get, kind of, an animal spirits driven 2026; where a combination of momentum in the data, AI-related business spending, wealth effects for upper income consumers and maybe a larger fiscal stimulus from the One Big Beautiful Bill Act, lead the economy to outperform.And to your point, if that is happening, it's not farfetched to think, well, if the Fed put in risk management insurance cuts, perhaps they need to take those out. And that could build in a way where that expectation, let's say towards the second half or the fourth quarter maybe of 2026, maybe it takes into 2027. But I agree with you that if the Fed can't cut in December because the economy's doing well and the data show that, and we learn more of that in 2026, you're right.So, it would… And may maybe to put it more simply, the more the Fed cuts, the more you need to open both sides of the rate path distribution, right? The deeper they cut, the greater the probability over time, they're going to have to raise those rates. And so, if the Fed is forced to stop in December, yeah, you can make that argument.Matthew Hornbach: Indeed, a lot of the factors that you mentioned are factors that are coming up in investor conversations increasingly. The way I've been framing it in my discussions is that investors want to see the glass as half full today, versus in the middle of this year the glass was looking half empty. And of course, as we head into the holiday season, the glass will be filled with something perhaps a bit tastier than water. And so…Michael Gapen: Fill my glass please.Matthew Hornbach: Indeed. So, I do think that we could be setting up for a bright 2026 ahead. And so, with that, Mike, look forward to seeing you again in December – with a glass of eggnog perhaps. And a decision in hand for the meeting that the Fed holds then. Thanks for taking the time to talk.Michael Gapen: Great speaking with you, Matt.Matthew Hornbach: And thanks for listening. If you enjoy Thoughts on the Market, please leave us a review wherever you listen and share the podcast with a friend or colleague today.

Pooja Tanna from Perpetua Investment Managers unpacks the FOMC – who sits around the table, how they're selected, and why the process matters for markets. Sappi CEO Steve Binnie on the full-year numbers: profit softer and debt higher, but a clearer line of sight to better trading conditions ahead. And Simon's take on the two Michael Burry shorts rattling sentiment.

Marley Kayden and Sam Vadas take a step back and look at the macro picture as the government shutdown extends to a historic 37th day. They discuss the impacts already hitting Americans, the most visible of which are seen at airports nationwide. They also note headwinds to the Fed's interest rate cutting cycle over a lack of economic data.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

Kathy Jones and Mike Townsend sit down with Nicole Petallides at the Charles Schwab IMPACT 2025 conference. Kathy makes the case that markets will see "no more rate cuts this year." She argues a lack of economic data from the government shutdown will make the Fed wary. Mike Townsend sees the shutdown ending soon, saying that travel woes heading into the holiday season will push lawmakers to come up with a plan soon. He also notes a "generational change" happening in the Democratic party after Nancy Pelosi announced her retirement.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

A 10% to 20% pullback predicted by Morgan Stanely (MS) and Goldman Sachs (GS) CEOs can be good for the market, argues Dory Wiley. He points to tech names like Palantir (PLTR) gaining significant traction in recent months that could benefit from a valuation cooldown. He sees small banks benefitting the most in the current economic environment and offers perspective on stocks he is watching. Dory adds that the uptick in inflation makes it difficult for the Fed to cut interest rates further.======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

Kevin Green says the Morgan Stanley (MS) and Goldman Sachs (GS) CEO commentary should be treated as a "blip on the radar" for now. When it comes markets getting a lack of data due to the record-setting government shutdown, he says investors are okay with it. That could change once the shutdown ends as Kevin expects volatility to ramp higher once we get a hold of all the delayed economic data. On the FOMC, he still expects a December interest rate cut due to the persistent weakness in the labor market. Kevin later offers his take on why Humana (HUM) and Cameco Corp. (CCJ) are "under the radar" earnings plays.======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

Last week, the FOMC voted to lower interest rates by 25bps and showed no certainty that there will be another cut in December. Taylor Huffman explains that a lack of economic data due to the government shutdown plagued the Fed's interest rate path. However, she notes that the uncertainty did create new opportunities in bonds.======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

Charles Schwab's Nate Peterson takes a look back at last week's price action to explain the moves we're seeing this week. He attributes the weakness to a hawkish interest rate cut from the Fed, a change in A.I. spending perspective seen in Meta Platforms (META), and selling reaction to Palantir's (PLTR) "stellar" earnings indicating a change in psyche for markets. Nate adds that the massive run higher in A.I. stocks only add to upside pressure.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

We discuss the FOMC rate and QT decisions. US front-end rates now look much more fairly priced. QT decision disappointed us and we remain concerned about US funding markets. ECB meeting was a non-event, but Euro Area data surprises on both activity and inflation mean that the hawks will likely retain the narrative into the December meeting. We outline what this means for our ECB call and why we still see value in EUR rate markets. You may also enjoy listening to the Merrill Perspectives podcast, featuring conversations on the big stories, news and trends affecting your everyday financial life. "Bank of America" and “BofA Securities” are the marketing names for the global banking businesses and global markets businesses (which includes BofA Global Research) of Bank of America Corporation. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. Securities, trading, research, strategic advisory, and other investment banking and markets activities are performed globally by affiliates of Bank of America Corporation, including, in the United States, BofA Securities, Inc. a registered broker-dealer and Member of FINRA and SIPC, and, in other jurisdictions, by locally registered entities. ©2025 Bank of America Corporation. All rights reserved.

Podcast del programa Imagen Empresarial transmitido originalmente el 03 de noviembre del 2025. Conduce Rodrigo Pacheco. Los entrevistados de hoy: Entrevistado: André Maurin Parra, analista económico en Monex Tema: *Los comentarios de Jerome Powell moderaron el optimismo de los inversores sobre una flexibilización monetaria profunda por parte de la FED, hay indecisión entre los miembros del FOMC y el cierre de gobierno impide la claridad sobre el desempeño de la economía estadounidense. Hacia adelante, ¿Qué aspectos deberíamos de considerar para tener mayor certidumbre del rumbo de la FED? *La economía mexicana se contrajo en el tercer trimestre del año, ¿qué explica este comportamiento y qué esperan hacia el cierre del año? *Con estos eventos, el peso alcanzó un nivel de $18.60 por dólar durante la semana, ¿Cuál es la expectativa hacia el cierre del año y qué factores justifican esa visión? Entrevistado: Juan Carlos Anaya, director de GCMA (Grupo Consultor de Mercados Agrícolas) Tema: TMEC, inflación y bloqueos

Charles Schwab's Liz Ann Sonders believes there's a strong case for the FOMC to pause interest rates in December. A near-record government shutdown and lack of inflation and jobs data are critical factors she sees hampering a data-dependent Fed. Liz Ann later turns to the health of markets and explains the weaknesses she sees ahead. That said, retail investing has shown no signs of slowing down.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

Brian from Santiment joined me to review the metrics for Bitcoin, XRP, Ethereum, and Solana.

Legendary economist Dr. A. Gary Shilling, President of A. Gary Shilling & Co., an economic consulting firm and a registered investment advisor, joins Julia La Roche on episode 301 on FOMC day. In this episode, Dr. Shilling warns that the economy is cooling with weakening labor markets and stagnant job creation, yet security markets continue to rise without reflecting this underlying weakness. Despite the government shutdown limiting official data, private sector information reveals businesses are cautious about demand and inflation, while consumers face limited financial slack due to heavy student loan and credit card borrowing. Shilling believes the Fed is cutting rates because they fear a recession is on the horizon, and he cautions that "we're probably gonna wake up one of these days and find that things are really a lot weaker than we expect" - at which point markets could deteriorate quickly. He also expresses concern about the "debt bomb" - the massive accumulation of government debt now exceeding $38 trillion with no logical endpoint in sight. However, Shilling remains impressed by the adaptability and resilience of the US economy, noting how it has successfully adjusted to disruptions like tariffs that many predicted would be disastrous.This episode is brought to you by VanEck. Learn more about the VanEck Rare Earth and Strategic Metals ETF: http://vaneck.com/REMXJuliaThis episode is brought to you by Monetary Metals. https://monetary-metals.com/julia Timestamps: 0:00 - Introduction & welcome0:48 - Big picture macro view: economy appears to be cooling1:30 - Government shutdown: private data filling the holes2:00 - Weakening labor markets: limited new hiring2:45 - Businesses cautious about demand and inflation3:17 - Recession concerns: won't know until well into it3:45 - Security markets not reflecting economic weakness4:03 - Fed Chair Powell presser context (October 29th FOMC meeting)4:32 - Why markets are overly focused on Fed actions5:30 - Fed's tightrope walk: keeping economy above water6:25 - Are rate cuts signaling recession fears?6:34 - Fed concerned about softening labor markets7:20 - Finding hidden vulnerabilities during data blackout7:51 - Labor market concerns: limited consumer slack8:20 - Heavy borrowing: student loans and credit cards27:24 - US fiscal picture: debt north of $38 trillion27:45 - The debt bomb concept explained28:45 - Massive global debt expansion concerns29:49 - What happens when debt reaches its limit?30:23 - What's keeping Dr. Shilling up at night31:15 - Lack of concern about debt accumulation32:00 - What makes him hopeful: US economy's strength and adaptability32:46 - Economic adaptability to disruptions33:11 - Tariffs discussion: six months later perspective33:46 - How economies adapt to tariff disruptions35:03 - Where to find Dr. Shilling's work35:25 - Parting thoughts: avoiding fads of the moment36:37 - Closing remarksAccess Dr. Shilling's monthly newsletter INSIGHT by calling this toll free number (1-888-346-7444) or visiting his website (https://www.agaryshilling.com/).

The reason why Fed Chair Jay Powell didn't want to commit to a December rate cut is simple. A number of voting members at the FOMC are not convinced the weak labor market is actually all that weak. Sure, the numbers don't look good, but they're wonder if it is real. Well, Chipotle and Kraft-Heinz would like to answer them with a pair of serious warnings about what they're seeing from consumers.  Eurodollar University's Money & Macro Analysis---------------------------------------------------------------------------------------------------------------------What if your gold could actually pay you every month… in MORE gold?That's exactly what Monetary Metals does. You still own your gold, fully insured in your name, but instead of sitting idle, it earns real yield paid in physical gold. No selling. No trading. Just more gold every month.Check it out here: https://monetary-metals.com/snider---------------------------------------------------------------------------------------------------------------------Bloomberg Fed Cuts Rate by Quarter Point, With Dissents on Both Sideshttps://www.bloomberg.com/news/live-blog/2025-10-29/fomc-rate-decision-and-fed-chair-news-conferenceBloomberg Chipotle Falls Most Since 2012 After Warning Over Diner Pullbackhttps://www.bloomberg.com/news/articles/2025-10-29/chipotle-cuts-outlook-for-third-time-in-2025-on-weaker-trafficWSJ Kraft Heinz Lowers Full-Year Outlook on Weak Consumption Trendshttps://www.wsj.com/business/earnings/kraft-heinz-khc-q3-earnings-report-stock-2025-a4c6430eYahooFinance Kraft Heinz bearish on outlook amid volume decreases ahead of splithttps://finance.yahoo.com/news/kraft-heinz-bearish-outlook-amid-173322392.htmlConference Board https://www.conference-board.org/topics/consumer-confidence/https://eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

Liz Ann Sonders and Kathy Jones discuss this week's Federal Open Market Committee (FOMC) meeting and the latest interest rate cut. They also analyze some of the details of what is driving the Fed's decisions in light of the government shutdown.Next, Kathy Jones is joined by David Beckworth. Kathy and David discuss the complexities of the Federal Reserve's balance sheet, the broader implications of monetary policy, and the emerging landscape of stablecoins and central bank digital currencies (CBDCs). They discuss the challenges the Fed faces in managing its balance sheet, the potential impact of stablecoins on the financial system, and what these developments mean for investors. David outlines three potential steps the Fed could take to downsize the balance sheet: asset swaps, managing the Treasury General Account (TGA), and improving ceiling facilities. You can keep up with David Beckworth by following his podcast, Macro Musings, and his Substack, “Macroeconomic Policy Nexus.”On Investing is an original podcast from Charles Schwab. For more on the show, visit schwab.com/OnInvesting. If you enjoy the show, please leave a rating or review on Apple Podcasts.Important DisclosuresThis material is intended for general informational and educational purposes only. This should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned are not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decisions.All expressions of opinion are subject to change without notice in reaction to shifting market, economic or political conditions. Data contained herein from third party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.Past performance is no guarantee of future results.Investing involves risk, including loss of principal. Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications, and other factors. Lower rated securities are subject to greater credit risk, default risk, and liquidity risk.Diversification and asset allocation strategies do not ensure a profit and do not protect against losses in declining markets.All names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security.Digital currencies are highly volatile and not backed by any central bank or government. Digital currencies lack many of the regulations and consumer protections that legal-tender currencies and regulated securities have. Due to the high level of risk, investors should view digital currencies as a purely speculative instrument.Cryptocurrency-related products carry a substantial level of risk and are not suitable for all investors. Investments in cryptocurrencies are relatively new, highly speculative, and may be subject to extreme price volatility, illiquidity, and increased risk of loss, including your entire investment in the fund. Spot markets on which cryptocurrencies trade are relatively new and largely unregulated, and therefore, may be more exposed to fraud and security breaches than established, regulated exchanges for other financial assets or instruments. Some cryptocurrency-related products use futures contracts to attempt to duplicate the performance of an investment in cryptocurrency, which may result in unpredictable pricing, higher transaction costs, and performance that fails to track the price of the reference cryptocurrency as intendedThe comments, views, and opinions expressed in the presentation are those of the speakers and do not necessarily represent the views of Charles Schwab. Indexes are unmanaged, do not incur management fees, costs, and expenses and cannot be invested in directly. Forecasts contained herein are for illustrative purposes only, may be based upon proprietary research and are developed through analysis of historical public data.The policy analysis provided by Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.(1025-36UZ) Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

FHN Financial forecasts the economy will remain resilient next year and inflation will trend towards 2%, allowing the Fed to cut rates by 75bp in 2026. The outlook could nonetheless shift from several structural economic changes. The risk of eventual tariff pass-through to consumer prices will linger in the background, AI-fueled investment has buoyed the 2025 economy without much job growth, and the FOMC may struggle to reach consensus next year as policy normalization continues under a new Fed Chair. This episode is a recording of the economic roundtable at FHN Financial's 2025 annual seminar in Nashville with Chief Economist Chris Low, Senior Economist Sophia Kearney-Lederman, and Economic Analyst Mark Streiber.

FOMC will cut rates today but what will officials say, or do, about the growing repo mess? Find out as we react to the Fed's decisions and Powell's press statements. Eurodollar University's Money and Macro Analysis

Crypto News: The Fed cut rates as expected by 25 bps and will end Quantitative Tightening (QT) which will being more liquidity into Bitcoin and Altcoins. Mastercard eyes Zero Hash Acquisition for nearly $2B bet on Stablecoins. Consensys plans Public Debut, Taps JPMorgan and Goldman Sachs to Lead IPO.Brought to you by

Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger PictureThe people of the US are stilling feeling the inflation effects of the Biden administration, remember inflation is cumulative. Fed cut rates by a quarter point and mortgage apps are picking up steam. The [CB] trying to shutdown Trump's tariffs agenda. The economic foundation is almost complete. The [DS] is keeping the Gov shutdown. Trump is using this against them. He is gaining traction among the D's and those who are dependent on the Gov. Trump is traveling the globe cutting the strings of the [DS]. The [DS] is pushing what they have left, riots are upcoming and war. Trump is leading the [DS] down a path of no return. Soon the D's and the [DS] will cease to exist.   Economy https://twitter.com/unusual_whales/status/1983488230319079469 (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Yes, the Federal Reserve cut interest rates by 0.25 percentage points today, October 29, 2025. This brings the target range for the federal funds rate to 3.75%–4.00%, down from the previous 4.00%–4.25%. This marks the second consecutive rate cut this year, aimed at supporting the job market amid economic uncertainties like the ongoing government shutdown. Markets had priced in this move with over 96% probability, and the decision aligns with the FOMC's data-dependent approach to balancing inflation and employment goals. Lower rates prompt refis and dismissal of ARMs Mortgage applications rose 7.1% last week, fueled by a decline in mortgage rates and a significant increase in refinance activity. The 30-year fixed rate dropped to 6.30%, its lowest since September 2024, prompting more borrowers to opt for fixed-rate loans.   AI Summary Mortgage applications increased 7.1% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) weekly mortgage applications survey for the week ending October 24, 2025. On an unadjusted basis, the index increased 7% compared with the previous week.  The refinance index increased 9% from the previous week and was 111% higher than the same week one year ago. The refinance share of mortgage activity increased to 57.1% of total applications from 55.9% the previous week.    Source:  housingwire.com https://twitter.com/unseen1_unseen/status/1983339985924231668  show and an attempt to sway the scotus, which will probably backfire as it shows the scotus that Congress retains the power to block Trump if they wanted to do so and if they had enough votes. In other words, by this vote, the Senate told the SCOTUS by their actions that the scotus is not needed in this fight between the congressional branch and the executive branch. It says that if congress does not what the president to have this power, they can simply pass a law stripping him of the power Congress gave to the exec decades ago. https://twitter.com/KobeissiLetter/status/1983361898247532835  the One Big Beautiful Bill Act (H.R. 1, 119th Congress) includes provisions related to tariffs, primarily focused on agricultural trade. Specifically: SEC. 10312 (Sugar Program Updates): This section updates tariff-rate quotas (TRQs) for sugar imports under the Agricultural Adjustment Act of 1938.

Today's blockchain and cryptocurrency news  Western Union plans stablecoin launch on Solana for early 2026 Bitcoin holds ahead of FOMC as traders await Powell's guidance Grayscale debuts Solana staking ETF, as crypto firms push ahead despite government shutdown Visa adding support for four stablecoins on four unique blockchains, as spend quadrupled last quarter Ethereum ICO participant moves $6 million in ETH after 8-year dormancy: onchain data ###Gemini Card Disclosure: The Gemini Credit Card is issued by WebBank. In order to qualify for the $200 crypto intro onus, you must spend $3,000 in your first 90 days. Terms Apply. Some exclusions apply to instant rewards in which rewards are deposited when the transaction posts. This content is not investment advice and trading crypto involves risk. For more details on rates, fees, and other cost information, see Rates & Fees. The Gemini Credit Card may not be used to make gambling-related purchases. Learn more about your ad choices. Visit megaphone.fm/adchoices

Rates continue to fall today. There were two rate announcements, only hours apart. This morning the bank of Canada reduced its benchmark lending rate by 0.25%. Weakness in the labor market was the top cited reason for the drop in rates. This afternoon at 2:30, Chair Powell stood at the podium as he does every six weeks and announces the results of the two day FOMC meetings. The Fed dropped their benchmark lending rate by 0.25% to a target range of 3.75% to 4%. This is the second consecutive rate cut by the Fed, a move aimed at supporting a labor market that has shown signs of weakening even while inflation continues to run above the Fed's 2% target. When you start to look at all of the corporate layoffs and the rising unemployment rate, it is very reminiscent of the 2001 recession that was led by layoffs in the tech sector.  So while the news of lower interest rates is welcome, the rates are a reaction to a faltering economy where just this week alone, more than 75,000 people lost their jobs. I'm not counting the smaller layoff announcements of only a few hundred people in that total.  These are big numbers. You don't see these kind of numbers in a growing economy. So the likelihood is high that the US is already in recession, but it is politically unpalatable to say that out loud. What's more, there is no data being collected or reported, so the economy can limp along under the cover of the government shutdown.  Then there is the government shutdown itself. Those families are not getting paid and you can guarantee that they've cut back on discretionary spending. That's a few million people who are not traveling to resorts or dining out in fancy restaurants.------------**Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1)   iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613)   Website: [www.victorjm.com](http://www.victorjm.com)   LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce)   YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734)   Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso)   Email: [podcast@victorjm.com](mailto:podcast@victorjm.com)  **Y Street Capital:** Website: [www.ystreetcapital.com](http://www.ystreetcapital.com)   Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital)   Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)  

Equity markets hit fresh highs on hopes for a friendlier terms-of-trade stance between the US and China to be agreed ahead of a Trump-Xi meeting meant to take place in South Korea tomorrow. We note the important details that need to emerge to justify the market's enthusiasm in what could prove a critical 24-hour window for global markets, with the FOMC on tap later today and an important BoJ meeting tomorrow as well. Plenty of single company stories to pick through as earnings roll in and macro developments are heating up several currencies as well. This and much more on today's podcast, which is hosted by Saxo Global Head of Macro Strategy John J. Hardy. Links discussed on the podcast and our Chart of the Day can be found on the John J. Hardy substack (within one to three hours from the time of the podcast release). Read daily in-depth market updates from the Saxo Market Call and the Saxo Strategy Team here. Please reach out to us at marketcall@saxobank.com for feedback and questions. Click here to open an account with Saxo. Intro and outro music by AShamaluevMusic DISCLAIMER This content is marketing material. Trading financial instruments carries risks. Always ensure that you understand these risks before trading. This material does not contain investment advice or an encouragement to invest in a particular manner. Historic performance is not a guarantee of future results. The instrument(s) referenced in this content may be issued by a partner, from whom Saxo Bank A/S receives promotional fees, payment or retrocessions. While Saxo may receive compensation from these partnerships, all content is created with the aim of providing clients with valuable information and options.

This episode of Crypto Town Hall covers the latest drama in the crypto policy world, focusing on CZ (Changpeng Zhao) suing Senator Elizabeth Warren for alleged libel over her public statements relating to criminal charges and Trump's pardon. The panel explores the implications of Warren's comments, the potential legal pushback, and the broader impact of anti-crypto sentiment among US policymakers. The discussion pivots to challenges facing US crypto regulation, updates on potential market structure legislation, and the evolving landscape of ETFs and market liquidity. The show then analyzes the state of the crypto and equity markets post-FOMC, including strategies for investing and the changing nature of bull markets, highlighting the dominance of Bitcoin as a core investment thesis.

We're LIVE for the FOMC meeting — and Jerome Powell's speech could trigger a MASSIVE crypto rally! All eyes are on the Fed as traders brace for potential rate cuts and liquidity signals that could send Bitcoin, Ethereum, and Solana soaring.

Market Recap and Key Economic Catalysts – October 28th In this episode of Dividend Cafe, host Brian Szytel provides a market recap, noting positive performance with the Dow closing up 161 points, S&P up by a quarter percent, and Nasdaq up eight-tenths of a percent. Key drivers include the US-China trade deal, expectations of a 25 basis point rate cut by the FOMC, potential end to quantitative tightening, a government shutdown, and strong earnings reports. Brian also addresses an 'Ask TBG' question about investment decision mistakes, emphasizing continuous learning and client goal achievement. Finally, he highlights economic indicators like improved consumer confidence, Richmond Fed Index, and better-than-expected Case-Shiller home price index. 00:00 Introduction and Market Recap 00:40 Key Market Drivers 01:06 US-China Trade Deal Insights 01:34 Federal Reserve and Economic Indicators 02:33 Government Shutdown Impact 03:12 Earnings Season Highlights 03:51 Stimulus and Tax Package Effects 04:50 Investment Committee Reflections 06:28 Economic Calendar Updates 07:12 Conclusion and Listener Engagement Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

The ongoing cash squeeze in money markets is very likely to bring an end to the Federal Reserve's balance sheet runoff, known as QT. When the FOMC meets this coming week, officials are almost certainly going to cut rates given the perilous situation in labor. But with financial firms still using the Fed's repo facility and especially as benchmark money rates stay elevated, the second item on the list of decisions is going to be ending QT. Eurodollar University's Money & Macro AnalysisIn a world where markets swing on every headline, focus matters. That's why Eurodollar University offers One Big Weekly Theme — a disciplined, thematic analysis you can count on. If you don't have the time to go all the way to the depth of Eurodollar University's comprehensive Deep Dive Analysis and want the next best thing, One Big Weekly Theme is for you. Visit https://eurodollaruniversity.substack.com to sample the service or sign up and get started straight away. https://eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU