Podcasts about gdp

Trump claims we have the hottest economy in the world and the greatest turnaround in history, but the numbers tell a completely different story—GDP growth actually slowed under his watch, the stock market is the worst performer globally, and he's ignoring the real crisis ahead: a sovereign debt catastrophe that will make 2008 look like a warm-up act.This episode is sponsored by Samsara. - This episode is sponsored by Samsara. Head to https://samsara.com/gold to request a free demo and see how Samsara brings visibility and safety to your operations.This episode is also sponsored by Function. Own your health for $365 a year. That's a dollar a day. Learn more and join using my link. Visit https://www.functionhealth.com/peter and use gift code PETER25 for a $25 credit toward your membership.Peter Schiff delivers a scathing critique of Trump's State of the Union address, systematically debunking what he calls numerous economic lies and misrepresentations. Schiff argues that Trump's claims about achieving the "hottest economy in the world" and a "historic economic turnaround" are completely false, pointing out that GDP growth actually slowed from 2.8% under Biden's final year to 2.4% in Trump's first year. He criticizes Trump's housing policy of keeping prices artificially high while suppressing mortgage rates, calling it the same failed approach that led to the 2008 financial crisis, and disputes claims about record-breaking tax cuts, inflation solutions, and stock market performance.Beyond exposing what he sees as outright fabrications, Schiff condemns Trump's economic policies as fundamentally socialist, including the ban on Wall Street buying single-family homes, government intervention in power plant construction, and various spending programs disguised as tax cuts. He warns that these policies will accelerate inflation and fiscal crisis, predicting that the resulting economic collapse will be blamed on Republicans and capitalism, paving the way for Democratic victories and more socialist policies. Schiff urges listeners to protect themselves by investing in gold, silver, and foreign stocks, noting that gold mining stocks are hitting new highs ahead of the metals themselves, which he sees as a bullish leading indicator.Chapters:00:00 Show Intro Montage00:55 State of the Union Setup03:36 Housing Prices and Rates10:24 Stock Market Bragging15:54 Economy Claims and Inflation31:10 Gas and Economic Bragging32:48 Tariffs Supreme Court and Trade Reality35:56 Taxes Entitlements and Price Claims39:26 Healthcare Drugs and Anti Socialism Rants53:05 Fiscal Cliff and Gold StrategyFollow @peterschiffX: https://twitter.com/peterschiffInstagram: https://instagram.com/peterschiffTikTok: https://tiktok.com/@peterschiffofficialFacebook: https://facebook.com/peterschiffSign up for Peter's most valuable insights at https://schiffsovereign.comSchiff Gold News: https://www.schiffgold.com/newsFree Reports & Market Updates: https://www.europac.comBook Store: https://schiffradio.com/books#Finance #Economics #GoldOur Sponsors:* Check out GhostBed: https://ghostbed.com/PETER* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.comPrivacy & Opt-Out: https://redcircle.com/privacy

Original Release Date: Feb 6, 2026Our Global Head of Fixed Income Research Andrew Sheets and Global Chief Economist Seth Carpenter unpack the inner workings of the Federal Reserve to illustrate the challenges that Fed chair nominee Kevin Warsh may face.Read more insights from Morgan Stanley.----- Transcript -----Andrew Sheets: Welcome to Thoughts on the Market. I'm Andrew Sheets, Global Head of Fixed Income Research at Morgan Stanley. Seth Carpenter: And I'm Seth Carpenter, Morgan Stanley's Global Chief Economist and Head of Macro Research. Andrew Sheets: And today on the podcast, a further discussion of a new Fed chair and the challenges they may face. It's Friday, February 6th at 1 pm in New York. Seth, it's great to be here talking with you, and I really want to continue a conversation that listeners have been hearing on this podcast over this week about a new nominee to chair the Federal Reserve: Kevin Warsh. And you are the perfect person to talk about this, not just because you lead our economic research and our macro research, but you've also worked at the Fed. You've seen the inner workings of this organization and what a new Fed chair is going to have to deal with. So, maybe just for some broad framing, when you saw this announcement come out, what were some of the first things to go through your mind? Seth Carpenter: I will say first and foremost, Kevin Warsh's name was one of the names that had regularly come up when the White House was providing names of people they were considering in lots of news cycles. So, I think the first thing that's critically important from my perspective, is – not a shock, right? Sort of a known quantity. Second, when we think about these really important positions, there's a whole range of possible outcomes. And I would've said that of the four names that were in the final set of four that we kept hearing about in the news a lot. You know, some differences here and there across them, but none of them was substantially outside of what I would think of as mainstream sort of thinking. Nothing excessively unorthodox at all like that. So, in that regard as well, I think it should keep anybody from jumping to any big conclusions that there's a huge change that's imminent. I think the other thing that's really important is the monetary policy of the Federal Reserve really is made by a committee. The Federal Open Market Committee and committee matters in these cases. The Fed has been under lots of scrutiny, under lots of pressure, depending on how you want to put it. And so, as a result, there's a lot of discussion within the institution about their independence, making sure they stick very scrupulously to their congressionally given mandate of stable prices, full employment. And so, what does that mean in practice? That means in practice, to get a substantially different outcome from what the committee would've done otherwise… So, the market is pricing; what's the market pricing for the funds rate at the end of this year? About 3.2 percent. Andrew Sheets: Something like that. Yeah. Seth Carpenter: Yeah. So that's a reasonable forecast. It's not too far away from our house view. For us to end up with a policy rate that's substantially away from that – call it 1 percentage, 2 percentage points away from that. I just don't see that as likely to happen. Because the committee can be led, can be swayed by the chair, but not to the tune of 1 or 2 percentage points. And so, I think for all those reasons, there wasn't that much surprise and there wasn't, for me, a big reason to fully reevaluate where we think the Fed's going. Andrew Sheets: So let me actually dig into that a little bit more because I know our listeners tune in every day to hear a lot about government meetings. But this is a case where that really matters because I think there can sometimes be a misperception around the power of this position. And it's both one of the most public important positions in the world of finance. And yet, as you mentioned, it is overseeing a committee where the majority matters. And so, can you take us just a little bit inside those discussions? I mean, how does the Fed Chair interact with their colleagues? How do they try to convince them and persuade them to take a particular course of action? Seth Carpenter: Great question. And you're right, I sort of spent a bunch of time there at the Fed. I started when Greenspan was chair. I worked under the Bernanke Fed. And of course, for the end of that, Janet Yellen was the vice chair. So, I've worked with her. Jay Powell was on the committee the whole time. So, the cast of characters quite familiar and the process is important. So, I would say a few things. The chair convenes the meetings; the chair creates the agenda for the meeting. The chair directs the staff on what the policy documents are that the committee is going to get. So, there's a huge amount of influence, let's say, there. But in order to actually get a specific outcome, there really is a vote. And we only have to look back a couple weeks to the last FOMC meeting when there were two dissents against the policy decision. So, dissents are not super common. They don't happen at every single meeting, but they're not unheard of by any stretch of the imagination either. And if we go back over the past few years, lots going on with inflation and how the economy was going was uncertain. Chair Powell took some dissents. If we go back to the financial crisis Chair Bernanke took a bunch of dissents. If we go back even further through time, Paul Volcker, when he was there trying to staunch the flow of the high inflation of the 1970s, faced a lot of resistance within his committee. And reportedly threatened to quit if he couldn't get his way. And had to be very aggressive in trying to bring the committee along. So, the chair has to find a way to bring the committee along with the plan that the chair wants to execute. Lots of tools at their disposal, but not endless power or influence. Does that make sense? Andrew Sheets: That makes complete sense. So, maybe my final question, Seth, is this is a tough job. This is a tough job in… Seth Carpenter: You mean your job and my job, or… Andrew Sheets: [Laughs] Not at all. The chair of the Fed. And it seems especially tricky now. You know, inflation is above the Fed's target. Interest rates are still elevated. You know, certainly mortgage rates are still higher than a lot of Americans are used to over the last several years. And asset prices are high. You know, the valuation of the equity market is high. The level of credit spreads is tight. So, you could say, well, financial conditions are already quite easy, which can create some complications. I am sure Kevin Warsh is receiving lots of advice from lots of different angles. But, you know, if you think about what you've seen from the Fed over the years, what would be your advice to a new Fed chair – and to navigate some of these challenges? Seth Carpenter: I think first and foremost, you are absolutely right. This is a tough job in the best of times, and we are in some of the most difficult and difficult to understand macroeconomic times right now. So, you noted interest rates being high, mortgage rates being high. There's very much an eye of the beholder phenomenon going on here. Now you're younger than I am. The first mortgage I had. It was eight and a half percent. Andrew Sheets: Hmm. Seth Carpenter: I bought a house in 2000 or something like that. So, by those standards, mortgage rates are actually quite low. So, it really comes down to a little bit of what you're used to. And I think that fact translates into lots of other places. So, inflation is now much higher than the committee's target. Call it 3 percent inflation instead core inflation on PCE, rather than 2 percent inflation target. Now, on the one hand that's clearly missing their target and the Fed has been missing their target for years. And we know that tariffs are pushing up inflation, at least for consumer goods. And Chair Powell and this committee have said they get that. They think that inflation will be temporary, and so they're going to look through that inflation. So again, there's a lot of judgment going on here. The labor market is quite weak. Andrew Sheets: Hmm. Seth Carpenter: We don't have the latest months worth of job market data because of the government shutdown; that'll be delayed by a few days. But we know that at the end of last year, non-farm payrolls were running well below 50,000. Under most circumstances, you would say that is a clear indication of a super weak economy. But! But if we look at aggregate spending data, GDP, private-domestic final purchases, consumer spending, CapEx spending. It's actually pretty solid right now. And so again, that sense of judgment; what's the signal you're going to look for? That's very, very difficult right now, and that's part of what the chair is going to have to do to try to bring the committee together, in order to come to a decision. So, one intellectually coherent argument is – the main way you could get strong aggregate demand, strong spending numbers, strong GDP numbers, but with pretty tepid labor force growth is if productivity is running higher and if productivity is going higher because of AI, for example, over time you could easily expect that to be disinflationary. And if it's disinflationary, then you can cut it. Interest rates now. Not worry as much as you would normally about high inflation. And so, the result could be a lower path for policy rates. So that's one version of the argument that I suspect you're going to hear. On the other hand, inflation is high and it's been high for years. So what does that mean? Well. History suggests that if inflation stays too high for too long, inflation psychology starts to change the way businesses start to set. Andrew Sheets: Mm-hmm. Seth Carpenter: Their own prices can get a little bit loosey-goosey. They might not have to worry as much about consumers being as picky because everybody's got used to these price changes. Consumers might be become less picky because, well, they're kind of sick of shopping around. They might be more willing to accept those higher prices, and that's how things snowball. So, I do think that the new chair is going to face a particularly difficult situation in leading a committee in particularly challenging times. But I've gone on for a long, long time there. And one of the things that I love about getting to talk to you, Andrew, is the fact that you also talked to lots of investors all around the world. You're based in London. And so when the topic of the new Fed chair comes up, what are the questions that you're getting from clients? Andrew Sheets: So, I think that there are a few questions that stand out. I mean, I think a dominant question among investors was around the stability of the U.S. dollar. And so, you could say a good development on the back of Kevin Warsh's nomination is that the market response to that has been the price action you would associate with more stability. You've seen the dollar rise; you've seen precious metals prices fall. You've seen equity markets and credit spreads be very stable. So, I think so far everything in the market reaction is to your; to the point that you raised, you know, consistent with this still being orthodox policy. Every Fed chair is different, but still more similar than different now. I think where it gets more divergent in client opinions is just – what are we going to see from the Fed? Are we going to see a real big change in policy? And I think that this is where there are very different views of Kevin Warsh from investors. Some who say, ‘Well, he's in the past talked about fighting inflation more aggressively, which would imply tighter policy.' And he's also talked more recently about the productivity gains from AI and how that might support lower interest rates. So, I think that there's going to be a lot of interest when he starts to speak publicly, when we see testimony in front of the Senate. I think the other, the final piece, which I think again, people do not have as fully formed an opinion on yet is – how does he lead the Fed if the data is unexpected? And you know, you mentioned inflation and, you know, Morgan Stanley has this forecast that: Well, owner's equivalent rent, a really key part of inflation, might be a little bit higher than expected, which might be a distortion coming off of the government shutdown and impacts on data. But there's some real uncertainty about the inflation path over the near term. And so, in short, I think investors are going to give the benefit of the doubt. For now, I think they're going to lean more into this idea that it will be generally consistent with the Fed easing policy over time, for now. Generally consistent with a steeper curve for now. But I think there's a lot we're going to find out over the next couple of weeks and months. Seth Carpenter: Yeah. No, I agree with you. Andrew, I have to say, I'm glad you're here in New York. It's always great to sit down and talk to you. Let's do it again before too long. Andrew Sheets: Absolutely, Seth. Thanks for taking the time to talk. And to our audience, thank you as always for your time. If you find Thoughts the Market useful, let us know by leaving a review wherever you listen. And also tell a friend or colleague about us today.

Since the 1960s, global GDP has been rapidly rising and living standards have reached record highs. But something else has been rocketing up too – carbon emissions. For years, scientists and economists have been asking: is it possible to grow without heating and polluting the Earth? And as the climate becomes more unstable, the issue is only becoming more urgent. Madeleine Finlay hears from two economists arguing for a change in how we measure a country's success. Nick Stern is professor of economics and government at the London School of Economics and an advocate of green growth, an approach to growth that prioritises green industry. Jason Hickel is a political economist and professor at the Autonomous University of Barcelona who advocates degrowth, shrinking parts of the economy that do not advance our social and ecological goals.. Help support our independent journalism at theguardian.com/sciencepod

India's warehousing growth has crossed 533 million sq ft — and it's still rising. Behind this surge lies a deeper transformation of India's logistics sector, supply chain infrastructure, e-commerce ecosystem, industrial real estate market, and manufacturing ambitions.In this episode of Eye On Retail By The Core Report, an initiative supported by Flipkart, Financial Journalist Govindraj Ethiraj in conversation with Yogesh Shevade, Head of Logistics & Industrial in India, JLL and Balbirsingh Khalsa, Executive Director – Industrial Capital Markets, National Director, Knight Frank, decode the forces reshaping India's logistics and warehousing landscape.As India aims to move from a $4 trillion economy toward a $30 trillion vision, logistics is no longer a backend function — it is a strategic growth engine. Post-GST reforms, institutional investment inflows, multimodal logistics parks (MMLPs), rail freight corridors, quick commerce, Tier 2 and Tier 3 city expansion, and automation are redefining how goods move across the country.For India-based professionals tracking infrastructure development, supply chain optimization, economic reforms, manufacturing growth, private equity investment, real estate capital markets, and e-commerce logistics, this episode offers deep strategic insight.⏱ Timestamps:(00:00) Introduction: Highlights on India's Logistics Transformation(02:17) The Boom in Tier 2 and Tier 3 Warehousing Ecosystem(06:00) Post-GST Evolution: How Reform Triggered Institutional Investment(09:45) Share of E-commerce in India's Logistics Sector(11:01) Optimizing the Pie: Transportation Costs, Labour Economics & Efficiency Gaps(17:30) Investment Realities: Land Prices, IRR Expectations, Vacancy Trends & Capital Flows(27:45) Future Infrastructure: The Shift from Road to Rail & Multimodal Logistics Parks(29:50) Path Ahead: Core Challenges and Growth Opportunities in Indian Logistics(33:12) Role of Government in Logistics & Infrastructure Development(35:05) Closing: Policy Synergy, Gati Shakti & India's Supply Chain FutureThis discussion explores:• How GST transformed India's supply chain and warehouse strategy• Why transportation contributes nearly 50% of logistics costs• The rapid growth of Tier 2 & Tier 3 warehousing hubs• The rise of quick commerce and 10–15 minute delivery ecosystems• Automation vs labour economics in Indian industrial real estate• Rail vs road freight efficiency and multimodal infrastructure• Land price escalation, IRR expectations, and investment risks• Why manufacturing, exports, and policy reform are critical to India's next growth phaseThe bigger question:Can India reduce logistics costs from 12–14% of GDP toward global benchmarks?Will rail freight and multimodal parks unlock long-term efficiency?Is Tier 2 India the next supply chain frontier?And how sustainable is the quick commerce model?If you follow the India growth story, economic policy, infrastructure investment, industrial corridors, supply chain strategy, or the future of e-commerce, this episode connects macroeconomic ambition with on-ground execution.Watch till the end for a sharp assessment of the opportunities — and the structural challenges — shaping India's logistics future.

Broadcast live from iConnections Global Alts in South Beach, Guy Adami and Dan Nathan are joined by Dan Greenhaus of Solus Alternative Asset Management and later Vincent Daniel to discuss a sharp, risk-off market move tied to the increasingly financialized AI buildout. They review weakness across private credit and alternative lenders after reports of difficulty placing debt to fund CoreWeave's data center, spilling over into names like Blue Owl and into large alternative managers, banks, and high-profile stocks like IBM, which suffers its worst day in decades. The group debates how a viral AI “thought experiment” amplified uncertainty about near-term industry disruption, the circular quid-pro-quo dynamics of AI financing and chip demand, and whether market valuations offer any cushion if the AI narrative falters. With Nvidia reporting the next day, they focus on expectations for growth and margins, the risk that competition could compress gross margins and re-rate the stock, and the broader question of whether AI success could drive major white-collar job losses, “ghost GDP,” and policy responses. The conversation closes with Vinnie describing investor “what if” fears around AI's impact on employment and fee-based industries. —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media

It's becoming increasingly obvious that Trump's mountain of broken promises, radical foreign policy decisions and unorthodox economic policies are causing deep damage to his MAGA brand.Last week the Supreme Court, with three Trump appointees, ruled against Trump's use of IEEPA to issue tariffs.The court's ruling was only one of many failures for Trump last week as newly revised jobs data showed a major contraction in the labor market last year. The trade deficit in 2025 showed little improvement despite Trump's widespread use of tariffs and the fourth quarter GDP reading was well below expectations.According to multiple polls Americans have tired of Trump's harsh immigration policies, and military threats to foreign countries. Most voters have no interest in conquering Greenland, crushing Cuba, managing Venezuela or invading Iran.Grocery prices and utility bills remain elevated while Trump gaslights the American public insisting that costs for everything have dropped dramatically. Health insurance premiums for millions of Americans have dramatically increased while SNAP and Medicaid benefits have been cut.Meanwhile the president remains obsessed with his gigantic White House ballroom and plans for an oversized monumental arch built in his honor.The glorious leader has lost support among nearly every demographic except for his cultish base of supporters. There are even signs that diehard MAGA fans are losing faith.Underneath all of the spin more sinister details surrounding Trump's possible involvement with Jeffrey Epstein's many heinous crimes and sex trafficking operation remains.Fox News is desperate to keep the Trump myth alive either by ignoring stories that make the president look bad or spending excessive amounts of coverage on segments that aren't political.One sign of the network's panicked approach was the fact that Barack Obama's name appeared 74 times in the transcripts last week. No kidding. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit decodingfoxnews.substack.com/subscribe

Some Canadian clips and synchronicities with the latest hockey losses, CBC and the GDP damage control, PEI in trouble,   DND hiring expert foreigners, CBC showing people wanting to go to Mexico, paid protestors pushing back against separation. MRI's in Canada compared to a state in the USA.   We get esoteric with a time travel cover up, Atlantis, Gold and Cuba, Grails and Arks of the Covenant - electrostatic capacitors, Black Vault hacked?, Finland playing with wireless electricity, El Mencho and some 'trust the plan'.   MK Artichoke back in the news with Jabs, while doctors are baffled in Aussie land with a massive cancer increase. Actually they say it's from 'environmental factors'.   To gain access to the second half of show and our Plus feed for audio and podcast please clink the link http://www.grimericaoutlawed.ca/support.   For second half of video (when applicable and audio) go to our Substack and Subscribe. https://grimericaoutlawed.substack.com/ or to our Locals  https://grimericaoutlawed.locals.com/ or Rokfin www.Rokfin.com/Grimerica Patreon https://www.patreon.com/grimericaoutlawed   Support the show directly: https://open.spotify.com/show/2punSyd9Cw76ZtvHxMKenI?si=ImKxfMHgQZ-oshl499O4dQ&nd=1&dlsi=4c25fa9c78674de3 Watch or Listen on Spotify https://grimericacbd.com/ CBD / THC Tinctures and Gummies https://grimerica.ca/support-2/ Our Adultbrain Audiobook Podcast and Website: www.adultbrain.ca Our Audiobook Youtube Channel:  https://www.youtube.com/@adultbrainaudiobookpublishing/videos Check out our next trip/conference/meetup - Contact at the Cabin www.contactatthecabin.com Other affiliated shows: www.grimerica.ca The OG Grimerica Show Join the chat / hangout with a bunch of fellow Grimericans  Https://t.me.grimerica grimerica.ca/chats   Discord Chats Darren's book www.acanadianshame.ca Eh-List Podcast and site: https://eh-list.ca/ Eh-List YouTube: https://www.youtube.com/@TheEh-List www.Rokfin.com/Grimerica Our channel on free speech Rokfin Leave a review on iTunes and/or Stitcher: https://itunes.apple.com/ca/podcast/grimerica-outlawed http://www.stitcher.com/podcast/grimerica-outlawed Sign up for our newsletter http://www.grimerica.ca/news SPAM Graham = and send him your synchronicities, feedback, strange experiences and psychedelic trip reports!! graham@grimerica.com InstaGRAM https://www.instagram.com/the_grimerica_show_podcast/  Purchase swag, with partial proceeds donated to the show www.grimerica.ca/swag Send us a postcard or letter http://www.grimerica.ca/contact/ ART - Napolean Duheme's site http://www.lostbreadcomic.com/  MUSIC Tru Northperception, Felix's Site sirfelix.bandcamp.com    Links to the stuff we chatted about: https://needtoknow.news/2026/02/gaming-the-system-almost-4-in-10-stanford-students-claim-disability/ https://x.com/FiftyFootNest/status/2026021357205487918?s=20 https://x.com/MrPool_QQ/status/2025947144180416848?s=20 https://x.com/MrPool_QQ/status/2025850198077870248?s=20 https://x.com/JoeLang51440671/status/2025622192210247792?s=20 https://x.com/CaptKylePatriot/status/2025649596203205106?s=20 https://x.com/theblackvault/status/2025284894084260324?s=20 https://x.com/nic_moneypenny/status/2025619549861589351?s=20 https://x.com/JackDan110/status/2025375666561224883?s=20 https://x.com/GuntherEagleman/status/2025254868194148824?s=20 https://x.com/walterkirn/status/2025667689356959875?s=20 https://x.com/AshtonForbes/status/2024641568196510119?s=20 https://x.com/DeDunkingPast/status/2024267072566673630?s=20 https://x.com/digijordan/status/2024352927083638942?s=20 https://x.com/GrassiTrevor/status/2024236413533962628?s=20

Recent analysis from Goldman Sachs indicates that $700 billion in AI investment during 2025 resulted in no measurable U.S. GDP growth, with most AI equipment imports negating domestic benefits and 80% of surveyed firms reporting no productivity or employment improvements. This pattern suggests that AI-related spending has primarily shifted margins from enterprise IT budgets to a small number of infrastructure vendors rather than delivering distributed value. Internal concerns are rising, with 90% of IT leaders questioning AI's return on investment, and 80% citing fragmented data as a primary challenge to measuring outcomes. Further context reveals that agentic AI initiatives face operational headwinds: Gartner expects 40% of such projects to be cancelled by 2027, and S&P Global found nearly half are abandoned before production, most often due to inadequate planning and data foundations. Margin erosion is widespread, attributed to AI implementation costs, and attempts to scale AI agents into production remain limited by inference costs and insufficient infrastructure. Despite increased adoption efforts, sustainable value delivery from AI platforms remains elusive for most organizations. Enterprise AI access is becoming increasingly concentrated. OpenAI's partnership with consulting firms such as BCG, McKinsey, Accenture, and Capgemini consolidates control of the enterprise distribution layer, narrowing competitive opportunities for smaller providers. Meanwhile, Amazon's 13-hour AWS outage, linked to the misconfiguration of an internal AI tool, underscores the liability ambiguity in agentic systems—where vendors may attribute autonomous actions to user error, complicating risk assignment. Additional updates from vendors such as Anthropic, Cloudflare, and New Relic address incremental technical capabilities, with a distinct focus on cost, operational governance, and policy enforcement. The prevailing themes for MSPs and IT leaders are increased scrutiny of AI value, heightened exposure to cost and accountability risk, and the emergence of managed service opportunities around data governance, cost instrumentation, and liability management. With enterprise market channels consolidating and risk shifting toward service providers, integrating robust contractual definitions for autonomy, incident attribution, and financial boundaries is essential to limit harm and clarify responsibility before incidents occur. Four things to know today 00:00 Goldman: $700B AI Spend Delivered Near-Zero U.S. GDP Growth in 2025 03:49 OpenAI Enlists BCG, McKinsey, Accenture to Distribute Enterprise AI Agents 06:44 Report: Amazon's Own Engineers Prefer Claude Over Its Mandated Internal Tools 08:56 AI Inference Costs Are Falling — But Governance Gaps Are Growing This is the Business of Tech.    Supported by: CometBackup  Small Biz Thoughts Community   

A Supreme Court decision wipes out a major tariff mechanism, GDP comes in softer than expected, and AI fears collide with an AI spending boom. On the surface, it feels like three separate stories. In Episode 176 of Facts vs Feelings, Ryan Detrick, Chief Market Strategist, and Sonu Varghese, Chief Macro Strategist at Carson Group, connect the dots and ask a bigger question: what actually changed, and what simply made headlines?They break down the Court's ruling on IEEPA tariffs, what it means for policy going into a midterm year, and why markets barely flinched. From there, the conversation shifts to fourth-quarter GDP, where a weak headline number masked far stronger private demand beneath the surface. The episode then moves into the AI debate, examining the surge in hardware and software investment, the role of energy and power demand, and the viral “AI crash” scenario that sparked fears of a white-collar doom loop. Along the way, they explore global market leadership, sector dispersion, and why human behavior still sits at the center of economic outcomes even in a world shaped by algorithms.Key Takeaways:• Tariff authority reset: The Supreme Court's ruling removed a major executive tariff tool, reinforcing checks and balances while reducing policy uncertainty• GDP weakness needs context: A government shutdown distorted headline growth, while private demand remained solid• AI spending is real: Hardware and software investment tied to AI contributed meaningfully to 2025 growth• Scenario vs. reality: Extreme AI displacement models raise important questions, but macro consistency and demand dynamics matter• Market dispersion is widening: Software weakness, industrial strength, and global outperformance highlight a split beneath the surfaceJump to:0:00 — Tariff Shock And Supreme Court Ruling5:30 — Market Reaction, Odds And Policy Limits9:40 — Tariff Refunds And Who Ultimately Paid13:50 — China, Trade Winners And Political Timelines22:00 — GDP Miss Explained And Core Demand Strength31:00 — AI Capex Surge: Chips, Software And Scale35:00 — Power Demand, Energy And Inflation Pressures38:30 — The AI Doom Loop Scenario Debate47:40 — Market Split: Semis, Software And Global Leaders55:00 — Portfolio Implications And The Human EdgeConnect with Ryan:• LinkedIn: https://www.linkedin.com/in/ryandetrick/• X: https://x.com/RyanDetrickConnect with Sonu:• LinkedIn: https://www.linkedin.com/in/sonu-varghese-phd/• X: https://x.com/sonusvarghese?lang=enQuestions about the show? We'd love to hear from you! factsvsfeelings@carsongroup.com

Stephen Grootes speaks to Duncan Pieterse, Treasury Director-general to unpack Budget 2026 in a nutshell. With inflation-linked personal income tax relief, a higher tax-free savings limit, no VAT or corporate tax hikes, and the withdrawal of the planned R20 billion tax increase, Treasury struck a more optimistic tone. However, fuel and carbon levies will rise, the deficit sits at 4% of GDP, and debt is projected to stabilise at 77.3% of GDP. In other interviews, Motus Chief Executive Officer, Ockert Janse van Rensburg discusses Motus’ improved operational performance, the stronger sales volumes across key markets, and how disciplined strategy execution supported the Group’s robust financial results for the period. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.    Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa     Follow us on social media   702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/CapeTalk 702 on YouTube: https://www.youtube.com/@radio702   CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/Radio702 See omnystudio.com/listener for privacy information.

Anthony Saccaro sees the consumer “cracking a little bit,” and says where we go from here depends on what happens to the consumer. The softening labor market of the last few years is impacting spending, hitting GDP – and putting the Fed “in a pickle.” He thinks the economy is “late cycle.” Anthony notes that wage inflation is very sticky after unusual strength in the labor market a few years ago. He discusses how the Fed can try to hit their inflation target and how they can navigate their dual mandate.======== 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

In this special episode of The Negotiation, WPIC CEO Jacob Cooke steps in as host to interview Bijan Ahmadi, Executive Director & COO at the Canada China Business Council—one of the leading organizations supporting Canadian businesses in China and strengthening bilateral commercial ties.This episode offers a unique perspective: Jacob was in Beijing during Prime Minister Mark Carney's recent visit to China—the first by a Canadian leader in years—giving him firsthand insight into the trip's significance. Together, Jacob and Bijan unpack what the visit means for Canadian business and Canada-China relations, with Bijan's deep expertise in trade policy, market access, and bilateral economic engagement complementing Jacob's on-the-ground observations.This conversation comes at a critical moment: as the U.S. administration raises questions about Canada's engagement with China, this episode cuts through the noise to focus on the facts—what was actually agreed, what it means for jobs and GDP, and why China remains a vital market for Canadian exporters and businesses.Discussion Points·       The historical context and significance of Prime Minister Mark Carney's visit to China·       Whether the visit achieved a meaningful reset in Canada-China relations·       Specific outcomes and agreements from the trip—sector-by-sector wins for the Canadian economy·       CCBC's role during the visit and how members have reacted·       How Canadian businesses are reassessing their perceptions of China post-visit·       Next challenges CCBC will work to solve for Canadian business·       Clarifying misconceptions around a potential "deal" with China and U.S. political concerns·       The strategic importance of China to Canada's economy—jobs, GDP, and export opportunities

This week, on Tuesday, India announced a sweeping overhaul of how it calculates GDP, fixing a measurement system the IMF had flagged as outdated just last November. It includes a new base year, better price data, and a wider net to count the informal economy. The number seems to be getting closer to reality.But that raises a harder question. For a country that has built its global identity around being the world's fastest growing major economy, what happens when the arithmetic changes? And does any of it actually reach 1.4 billion people?Host Snigdha Sharma explores.Tune in.If you have any thoughts on this episode write to us at podcasts@the-ken.com with Daybreak in the subject line. You can also leave us a comment on our website or the YouTube channel here.Daybreak is produced from the newsroom of The Ken, India's first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.

Stripe, the programmable financial services company, has signed agreements with investors to provide liquidity to current and former Stripe employees through a tender offer at a $159B (€135B) valuation. While the majority of funds for the tender offer are being provided by investors including Thrive Capital, Coatue, a16z, and others, Stripe will also use a portion of its own capital to repurchase shares. Stripe also published its 2025 annual letter to the Stripe community, detailing a strong year for businesses on Stripe and the internet economy overall. Businesses running on Stripe generated $1.9 trillion in total volume, up 34% from 2024, and equivalent to roughly 1.6% of global GDP. Beyond payments, Stripe's Revenue suite (comprising Stripe Billing, Invoicing, Tax, and more) is on track to hit an annual run rate of $1 billion this year. In the letter, cofounders Patrick and John Collison wrote: "Our programmable financial services now power more than 5 million businesses directly or via platforms, including all of the top AI companies, many of the largest blue-chip companies (90% of the Dow Jones Industrial Average), most of the biggest tech companies (80% of the Nasdaq 100), and a significant fraction of freshly minted startups (25% of all Delaware corporations are now created with Stripe Atlas) […] Stripe remained robustly profitable, allowing us to continue investing heavily in product development (with more than 350 product updates last year) as well as acquisitions. […] All in all, 2025 was a strong year for the internet economy, and we're delighted to see so many of Stripe's customers do so well." Kareem Zaki, partner at Thrive Capital, said: "After a decade of partnership and seeing their work up close, we believe Stripe has built the premiere financial infrastructure stack for the internet economy, relied on by the fastest growing companies for payments, billing, fraud prevention, tax, and more. While their core business has never been stronger, we believe their most transformative chapters are being written right now. We believe Stripe's lead will only expand across the future of money movement due to their leadership in agentic commerce, stablecoins, and more." New businesses on Stripe are scaling at record speed The 2025 cohort of new businesses on Stripe is the highest performing in the company's history. More new companies joined Stripe in 2025 than ever before, with more than half (57%) based outside the US. Businesses in the 2025 cohort grew around 50% faster than the 2024 cohort. The number of companies reaching $10 million ARR within 3 months of launch was double the 2024 count. Companies incorporated via Stripe Atlas are also monetising sooner: in 2025, 20% of Atlas startups charged their first customer within 30 days, up from 8% in 2020. Businesses on Stripe are increasingly global by default Over the last few years, the country-by-country expansion model has melted away. The "domestic market" for a new generation of internet businesses is the internet itself. Nearly every recognisable AI product launched globally by default, including ChatGPT, Claude, Replit, Lovable, Base44, Vercel, Cursor, Midjourney, and many more. Among Stripe businesses with mostly international revenue, 30% of that revenue comes from countries that are neither their home market nor one of the top 10 global economies. "This isn't merely about incremental revenue from a 'long tail' of international users. In many cases, the 'long tail' is much of the dog," the Collisons wrote. Building the economic infrastructure for AI Agentic commerce has moved into a phase of building and real-world experimentation. As with the early internet, the future success of agentic commerce is contingent on universal interoperability. To that end, Stripe has been working with a broad set of partners across AI labs, retailers, and leading ecommerce platforms to lay the groundwork for this generational shift: With OpenAI, Stripe developed the Agentic Comm...

Stephen Grootes speaks to Duncan Pieterse, Treasury Director General, to unpack Budget 2026 in a nutshell. With inflation-linked personal income tax relief, a higher tax-free savings limit, no VAT or corporate tax hikes, and the withdrawal of the planned R20 billion tax increase, Treasury struck a more optimistic tone. However, fuel and carbon levies will rise, the deficit sits at 4% of GDP, and debt is projected to stabilise at 77.3% of GDP. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.    Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa     Follow us on social media   702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/CapeTalk 702 on YouTube: https://www.youtube.com/@radio702   CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/Radio702 See omnystudio.com/listener for privacy information.

This week on REKT Vision, Mando, Rekt co-founder and author of the Mando Minutes newsletter, is joined by Spencer Gordon-Sand, founder of Orange Cap Capital and head of Moonbirds. Together, they break down the latest GDP print, crypto's price action across majors and alts, and the key technical levels that could define the next move. They also dive into the Supreme Court's ruling on tariffs and what it means for macro risk assets, alongside the latest developments in the NFT market. Binance is the world's leading blockchain ecosystem, trusted by over 300M users in 100+ countries. It offers an unmatched portfolio of digital asset products such as trading, finance, Web3, payments, and more.  

Monday, February 23, 2026 In this episode: The European Union demanded that the U.S. honor last summer's EU-U.S. trade deal, saying “a deal is a deal,” after the Supreme Court struck down Trump's emergency tariffs and he moved to replace them with new, temporary global levies; U.S. economic growth slowed in the fourth quarter, with real GDP up at a 1.4% annual rate; a federal judge permanently blocked the Justice Department from releasing Volume II of former special counsel Jack Smith's final report on Trump's handling of classified records at Mar-a-Lago; the Supreme Court agreed to hear an appeal from Exxon Mobil and Suncor Energy that could decide whether cities and states can sue fossil fuel companies for climate-damages in state court under state law; 32% of Americans said Trump has had the right priorities, while 68% said he hasn't paid enough attention to the country's most important problems; and 39% of Americans said they approve of Trump's job performance, while 60% said they disapprove. Read more: Day 1861: "Obnoxious." Newsletter: Get the daily edition of WTFJHT in your inbox Feedback? Let me know what you think AI Policy: My AI policy

In this week's episode of the Coin Stories News Block powered exclusively by Ledn, we cover these major headlines related to Bitcoin, macroeconomics, and global finance: Supreme Court rules Trump's tariffs illegal — but will the $130B already collected ever be refunded? GDP slowing, inflation rising, and the CBO's new deficit numbers are grim Abu Dhabi sovereign wealth fund bought the Bitcoin dip while Goldman's CEO admitted he got it wrong Ledn closes the first-ever investment-grade Bitcoin-backed deal on Wall Street — zero losses through the crash --- The News Block is powered exclusively by Ledn – the global leader in Bitcoin-backed loans, issuing over $9 billion in loans since 2018, and they were the first to offer proof of reserves. With Ledn, you get custody loans, no credit checks, no monthly payments, and more. My followers get .25% off their first loan. Learn more at www.ledn.io/natalie  ---- Order my new intro to Bitcoin book "Bitcoin is For Everyone": https://amzn.to/3WzFzfU  ---- Read every story in the News Block with visuals and charts! Join our mailing list and subscribe to our free Bitcoin newsletter: https://thenewsblock.substack.com  ---- References mentioned in the episode: Supreme Court Strikes Down Trump's Tariffs in 6–3 Ruling Supreme Court Opinion: Learning Resources, Inc. v. Trump Bessent Says Tariff Revenue to Be "Virtually Unchanged" in 2026 What Happens to Tariff Refunds After Supreme Court Ruling Trump Increases Global Tariff from 10% to 15% After Ruling Trump Increases Global Tariff to 15%, Invoking Section 122 Trump Lost on Tariffs, But American Trade Will Never Be the Same Brad Setser's X Thread on Trump's Tariffs and Court Ruling U.S. GDP Rose at Slower-Than-Forecast Pace of 1.4% Last Quarter U.S. Economic Growth Slows Sharply in the Fourth Quarter US PCE Inflation Rises Above Expectations in December CBO Boosts U.S. Deficit Forecast by $1.4 Trillion on Trump Policies CBO Projects U.S. Debt Will Reach New Record by 2030 CBO: The Budget and Economic Outlook: 2026 to 2036 WSJ: Why the Federal Deficit Is Set to Balloon U.S. Budget Hole Set to Deepen Under New CBO Projections Abu Dhabi's Mubadala Increases Bitcoin ETF Position in Q4 Goldman Sachs CEO, Long a Skeptic, Says He Owns BTC Ledn Closes First-Ever Investment-Grade Rated BTC-Backed ABS Ledn Sells $188 Million in Bitcoin-Backed Bonds in ABS Market First ---- Upcoming Events: Bitcoin 2026 will be here before you know it. Get 10% off Early Bird passes using the code HODL: https://tickets.b.tc/event/bitcoin-2026?promoCodeTask=apply&promoCodeInput=  ---- This podcast is for educational purposes and should not be construed as official investment advice. ---- VALUE FOR VALUE — SUPPORT NATALIE'S SHOWS Speed App coinstories@speed.app  Strike ID https://strike.me/coinstoriesnat/ Cash App $CoinStories #money #Bitcoin #investing

It's Tuesday, February 24th, A.D. 2026. This is The Worldview in 5 Minutes heard on 140 radio stations and at www.TheWorldview.com.  I'm Adam McManus. (Adam@TheWorldview.com) By Kevin Swanson and Timothy Reed Early Rain Covenant Church Hit Again China Aid reports of more communist persecution of the Early Rain Covenant Church in Chengdu, China.   Pastor Wang Yi is entering his seventh year in prison -- of a nine-year sentence.   But now, elder Li Yingqiang and his wife have been arrested for their commitment to Christ. His wife was released on bail, and encouraged friends on social media that “God's arrangements are always good.” Multiple churches in North America, and an organization in Australia, have designated the ninth of each month as a “Day of Fasting and Prayer for the Persecuted Church in China.”  Mexican National Guardsmen killed the most wanted cartel leader in the country Mexico is in turmoil this week, after Mexican National Guardsmen killed the most wanted cartel leader in the country, Nemesio Cervantes, a criminal known as “El Mencho.” So far, 34 drug cartel members are dead. Sadly, another 25 federal troops were killed in the ongoing conflict. European immigration numbers down Immigration numbers have dropped sharply in Europe. Britain records only 200,000 immigrants in 2025, down from 900,000 in 2023.  Eurostat's Migration and Asylum report indicates a 13% drop in asylum applicants to European Union countries in 2024. That's the first drop since 2020.  And October 2025 numbers indicate a 28% drop compared with October 2024. European Parliament refused to affirm only women can get pregnant The Parliament of the European Union voted 340-141 to artificially redefine the definition of what a woman is. The Parliament also refused to affirm the biological fact “that only women can become pregnant.” German Parliament member Tomasz Froelich blasted the new guidance. He said, “This isn't about courtesy or pronouns. It's about law, language, and the destruction of biological clarity in public policy.” The new law opens the continent up to “the full recognition of trans women as women,” directly opposing God's created gender roles. In Matthew 19:4, Jesus asked, “Have you not read, that He which made them at the beginning made them male and female?” Reform UK lacked traction; Will Restore Britain thrive? As The Worldview reported on February 19th, Britain has a new populist political party called the Restore Britain party. The previous nationalist party, Reform UK, gained 14% of the vote in the 2024 election, but only holds eight seats which is a little over 1% of the seats in parliament. Back in 2002, the UK populist parties had only 2% of the national vote. More debt and more inflation for the U.S. In President Donald Trump's first year in office in his second term, the US Debt to Gross Domestic Product ratio spiked to 122%. That's the highest since Joe Biden's first year in office during the COVID spend-a-thon.   Today's U.S. federal debt stands at $38.7 trillion — exactly double what it was 10 years ago during the first Trump term, and quadruple the size of the debt 18 years ago during the 2008 recession.   Also in economic news, despite all the political noise and hand waving coming out of Washington, inflation is up in the U.S. The core Personal Consumption Expenditures inflation index is up to 3% — back up to where it was two years ago.   The GDP inflator reached 3.7%, the worst it's been in three years. And yet, the average 30-year mortgage rate has dropped to 6%, That's the lowest it's been in two and a half years. Deuteronomy 15:6 ties in here. It says, “For the LORD your God will bless you just as He promised you; you shall lend to many nations, but you shall not borrow; you shall reign over many nations, but they shall not reign over you.” Kansas legislature overturns veto on transgender Law KANSAS LEADER: “The motion prevails and the bill passes.” (Gavel comes down) And with that announcement, the Kansas Legislature, dominated by Republicans, voted to overturn Democratic Governor Laura Kelly's veto on a bill that banned men, including men pretending to be women, from entering women's spaces. The Kansas House voted 87-37 and the Kansas Senate voted 31-9 to overturn the veto.  Republican Kansas State Senator Virgil Peck, Jr. spoke from the Senate floor. PECK: “I'm amazed that we're not hearing from more of those who are, if you will, feminists standing up for young ladies.” The bill allows for criminal charges to be brought against biological men who intrude on women's bathrooms and locker rooms, and holds to the birth gender or biological definition of male and female. 118,000 applications submitted for tax-funded school vouchers Texas parents have submitted 118,000 applications since Texas Freedom Education Accounts opened up on February 4th. The Houston public school district is looking at closing down 12 of its schools for the next school year, reports The Chronicle. The Texas Homeschool Coalition estimates there are 500,000 homeschooled students in the state. Add to that 422,000 children enrolled in Texas charter schools, and another 279,000 children enrolled in Texas private schools. That adds up to 1,200,000 Texas students not attending public school, representing 21% of school-aged children in Texas. Study reveals cancer linked to COVID-19 shot A new scientific study has linked the rise in certain types of cancer to the mRNA COVID-19 shots.  The study, published by Oncotarget, marks the spike in cancers, including highly aggressive cancers, in correspondence with certain lipid nanoparticles that were in the COVID vaccines.  The study evidenced that the modRNA in the COVID shot, along with the lipid nanoparticles, could “affect various tissues and organs, including the bone marrow and other blood-forming organs.”  The study also found a link between rising mortalities worldwide and the rollout of the COVID shot. In one Italian province, for example, “vaccination was associated with a 23% increased risk of cancer hospitalization after receiving one or more doses.”  U.S. Men's Hockey team wins gold in overtime And finally … (Audio of Olympic theme song) Norway has captured the highest number of gold medals in the 2026 Winter Olympics this year — taking home 18 medals (so far). The United States comes in second with 12 golds. That's a record for America — this time including a top medal for the Men's and Women's Hockey competition.   The U.S. Men's Hockey Team won the gold medal for the first time in 46 years in a 2-1 overtime win on the final golden goal knocked in by Jack Hughes, who played center. Listen. ANNOUNCER: “Jack Hughes wins it. The golden goal for the United States. For the first time since the 1980 Miracle, the United States takes the gold.” Jack will be remembered for having taken a high stick and losing multiple teeth before scoring the winning goal. Close And that's The Worldview on this Tuesday, February 24th, in the year of our Lord 2026. Follow us on X or subscribe for free by Spotify, Amazon Music, or by iTunes or email to our unique Christian newscast at www.TheWorldview.com.  Plus, you can get the Generations app through Google Play or The App Store. I'm Adam McManus (Adam@TheWorldview.com). Seize the day for Jesus Christ. Extra print stories Elderly farmer refuses to sell farm to data company 86-year-old farmer Mervin Raudabaugh refused to sell his Pennsylvania farm to data company developers, even though his farm was valued at over $15 million. Raudabaugh has lived in Silver Springs Township in Cumberland County and been a farmer for more than 60 years. He exclaimed, “I was not interested in destroying my farms. That was the bottom line. It really wasn't so much the economic end of it. I just didn't want to see these two farms destroyed.”  Raudabaugh instead sold his property for a much lower price to the Silver Springs Township's Land Preservation Program, which protects farmland, woodland, and wetlands. He explained, “I love this land. It's been my life. And I realized… if it wasn't built on or dug up, another set of families could live here—and that's what I wanted to do. And I got it done.” Micah 4:4 promises, “But they shall sit every man under his vine and under his fig tree; and none shall make them afraid: for the mouth of the LORD of hosts hath spoken it.” 10 major British cities have Muslim mayors 46 million Muslims now live in Europe, as migrants from third world countries continue overwhelming the European system.  Muslims are taking over political offices in European nations, including in the United Kingdom, where 10 major cities now have Muslim mayors. The massive influx in illegal immigration to Europe, while condemned and hated by its people, is being celebrated by its leaders. Newsmax reports, “They've chosen to stand with radical Muslims over their own people. It's because of all of these reasons these countries are falling apart and failing as the attack on Western civilization continues.” Muslim infiltration has also reached the United States, evidenced by Muslim influence in states like Texas and Minnesota. Chase Bank admits to debanking Trump JPMorgan Bank has admitted to freezing President Donald Trump's bank account following the January 6, 2021 protests. Trump had sued the bank for $5 billion in damages. The admission came after JPMorgan initially dodged the question of whether it debanked the President, and is yet another confirmation that conservatives were in fact targeted and persecuted under the Biden administration.  CNBC reported, “This is not the first lawsuit Trump has filed against a big bank, alleging that he was debanked. The Trump Organization sued credit card giant Capital One in March 2025 for similar reasons and allegations.” However, some have pointed out that the Trump administration is working towards digital currencies, which run a large risk of being controlled.

The Supreme Court just struck down Donald Trump's tariffs. But instead of taking the win, Trump doubled down. In today's livestream, Matt Robison breaks down what may be the most revealing moment of Trump's second term so far — and why it goes far beyond trade policy.The Court ruled that Trump's sweeping tariffs were unconstitutional under the emergency powers he claimed. That decision gave him a political off-ramp: blame the Court, let inflation cool, stabilize markets, and boost economic growth ahead of the midterms.Instead, within minutes, Trump announced new tariffs — escalating economic chaos all over again.Why?We examine:

The latest GDP and inflation data expose vulnerabilities in Trump's economy, raising stagflation concerns.Subscribe to our Newsletter:https://politicsdoneright.com/newsletterPurchase our Books: As I See It: https://amzn.to/3XpvW5o How To Make AmericaUtopia: https://amzn.to/3VKVFnG It's Worth It: https://amzn.to/3VFByXP Lose Weight And BeFit Now: https://amzn.to/3xiQK3K Tribulations of anAfro-Latino Caribbean man: https://amzn.to/4c09rbE

This week the stagflation theme refused to fade. On Friday the Bureau of Economic Analysis released the PCE price index, the Federal Reserve's preferred gauge of inflation. Headline and core PCE rose 2.9 per cent and 3.0 per cent respectively. More troubling than the levels was the recent momentum. Inflation has firmed over the past three months, an unwelcome development that further complicates the Fed's path forward. The same release cycle brought a softer than expected Q4 2025 GDP report. Headline growth registered just 1.4 per cent, unsettling markets. Consumption cooled from recent quarters, but the reaction to the top line number appears excessive. The government shutdown alone shaved nearly a full percentage point from growth, distorting the underlying signal. Taken together, the data reinforce a familiar and uncomfortable mix: slower activity alongside renewed price pressures. For central bankers, it is the most awkward of combinations.

Mike Dickson thinks AI is no longer driving the market, arguing nominal GDP growth, fundamentals, and earnings breadth are the main factors pushing stocks higher. To back his point, he examines the equal-weight SPX. Mike notes that a lot of the ‘picks and shovels' companies in the AI buildout trade are also in cyclical sectors. He likes mid-caps for 2026, saying the sector is often ignored but there are “a lot of interesting companies in that space,” including industrials.======== 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

Guest Brittany Madni, Executive Vice President of EPIC, joins to discuss government spending levels and increasing government debt. Discussion of inflation, GDP growth, and social program spending set to bankrupt the nation. What's the future of the country look like? President Trump preps for the upcoming State of the Union tonight. What can we expect? Many Democrats plan to boycott the SOTU and prepare "alternative programming". 

S6E2 The Retail Growth Strategy Retailers Need for 2026 with Today's Economic Realities, Tariffs, Fed Moves, and Consumer ShiftsIn this powerful episode of The Retail Razor Show, Dr. Rebecca Homkes, London Business School lecturer, Duke faculty member, high‑growth strategy advisor, and author of Survive, Reset, Thrive: Leading Breakthrough Growth Strategy in Volatile Times, joins Ricardo and Casey to break down what retailers must understand about the economic outlook in 2026, shifting consumer behavior, and the strategic moves that separate winners from laggards.Rebecca explains why uncertainty is not a threat but a catalyst for growth, and how her Survive, Reset, Thrive (SRT) framework helps leaders stabilize quickly, reset strategy intelligently, and execute a retail growth strategy that works even in volatile conditions. She also unpacks the realities behind sticky inflation, tariffs, the no‑hire/no‑fire labor market, and the rise of the K‑shaped consumer economy.If you want to build a retail growth strategy that thrives in the face of market shocks, this episode gives you the playbook.What We CoverWhy the economic outlook in 2026 is full of contradictions, and what that means for retailHow the SRT loop helps leaders stabilize, reset, and thriveReal‑world examples of companies using SRT to turn crises into growthWhy averages hide the truth about consumer sentimentThe rise of the K‑shaped economy and the death of the “everyman” consumerValue vs. price: why consumers will still pay more for what they truly valueHow retailers should think about store formats, assortment, and experimentationThe must‑win battles for 2026Where AI actually moves the needle in a retail growth strategyKey TakeawaysUncertainty is the best time to grow: because customers, partners, and employees are more honest about what they value.Value ≠ price. Consumers want their dollar to go further, not necessarily cheaper products.The middle of the market is the danger zone. Retailers must choose: differentiated premium or true value leadership.Retail growth strategy in 2026 requires testing, iteration, and abandoning legacy assumptions.Economic outlook in 2026 signals a decoupling between GDP strength and consumer reality: leaders must plan accordingly.Subscribe & FollowSubscribe to the Retail Razor Podcast Network: https://retailrazor.com/Subscribe to our Newsletter: https://retailrazor.substack.comSubscribe to our YouTube channel: https://go.retailrazor.com/utubeAbout our GuestRebecca Homkes, https://www.linkedin.com/in/rebecca-homkes/https://www.rebeccahomkes.comAuthor, Survive, Reset, Thrive: Leading Breakthrough Growth Strategy in Volatile Times. https://a.co/d/0aXECIB2Rebecca Homkes, is a high-growth strategy specialist, CEO and executive advisor. After more than a decade of advising her clients on developing, executing and innovating on strategy, Rebecca is sharing her proven and practical playbook in Survive, Reset, Thrive: Leading Breakthrough Growth Strategy in Volatile Times. She is a Lecturer at the London Business School, Faculty at Duke Corporate Executive Education, Advisor and Faculty at the Boston Consulting Group focused on AI and Climate and Sustainability, and a former fellow at the London School of Economics Centre for Economic Performance. A global keynote speaker and recognized thought leader, she is also the global Faculty Director of the Active Learning Program with the Young Presidents Organization (YPO), leads several fintech accelerators, and serves on the boards of many high-growth companies. She earned her doctorate at the London School of Economics as a Marshall Scholar and is now based in Miami, San Francisco, and London.Chapters00:00 Teaser01:10 Show Intro04:40 Welcome Dr Rebecca Homkes05:46 The Survive Reset Thrive Framework08:04 Real World SRT Success Stories12:55 Macro Economic Outlook for 202617:38 Understanding the K Shaped Economy19:39 Value vs Price Strategy24:06 Differentiation and Competitive Advantage26:41 Store Strategy and Expansion30:37 Consumer Experience and AI32:34 B2B Software Experience Gap34:04 Financing and Inventory Strategy36:28 Supply Chain Robustness38:10 No Regret Moves40:40 Defining Right to Win43:45 Hard Reset Strategy45:51 Strategic Center of Gravity48:24 Must Win Battles49:34 Closing and Contact Info51:36 Show CloseMeet your hostsHelping you cut through the clutter in retail & retail tech:Ricardo Belmar is an NRF Top Retail Voice for 2025 and a RETHINK Retail Top Retail Expert from 2021 – 2026. Thinkers 360 has named him a Top 10 Thought Leader in Retail, a Top 25 Thought Leader in AGI and Careers, a Top 50 Thought Leader in Agentic AI and Management, and a Top 100 Thought Leader in Digital Transformation and Transformation. Thinkers 360 also named him a Top Digital Voice for 2024 and 2025. He is an advisory council member at George Mason University's Center for Retail Transformationand the Retail Cloud Alliance. He was most recently the partner marketing leader for retail & consumer goods in the Americas at Microsoft.Casey Golden, is the North America Leader for Retail & Consumer Goods at CI&T, and CEO of Luxlock. She is a RETHINK Retail Top Retail Expert from 2023 - 2026, and Retail Cloud Alliance advisory council member. After a career on the fashion and supply chain technology side of the business, Casey is obsessed with the customer relationship between the brand and the consumer and is slaying franken-stacks and building retail tech! MusicIncludes music provided by imunobeats.com, featuring Overclocked, and E-Motive from the album Beat Hype, written by Heston Mimms, published by Imuno.

Citrini Research report on global intelligence crisis sends IT stocks tumbling, IBM suffers worst day in 25 years after Anthropic's claim on modernising a legacy language, trustees discuss another term for N Chandrasekaran as Tata Sons chairman, government plans to go slow on withdrawing more quality control orders and can changing the base year nudge GDP growth higher? Tune in for all this and more on the latest Moneycontrol Editor's Picks.

Greetings Glocal Citizens! This week, though Black History Month in the Americas is winding down, here on the podcast we're consistently aiming to learn, grow and inspire our sustained consciouness around #PanAfricanProgress and we're deep diving with a son of the country that is at the foundation of liberation across the global Black Diaspora - Haiti. Marc Alain Boucicault is a social entrepreneur and ecosystem builder with over 15 years of experience working in international development and entrepreneurship with the World Bank, the Inter-American Development Bank, at MIT and with grassroots organizations focused on youth empowerment and entrepreneurship. He is passionate about leveraging the power of entrepreneurship, technology and communication to reshape socioeconomic dynamics. As the founder of Banj, Haiti's largest coworking space and entrepreneurship hub connecting various communities to promote innovation in Haiti and the Caribbean he also supports change-makers globally. Marc Alain extends this work in service on the board of the Haitian Education and Leadership Program (HELP) addressing access to higher education in Haiti. He is a Fulbright scholar, a social media influencer and a fellow podcaster. Where to find Marc Alain? On the Executive Talk Podcast On [LinkedIn](linkedin.com/in/marcalainb) On Instagram On Facebook On YouTube What's Marc Alain watching? Banj 4.0 Other topics of interest: On Hispaniola and how the Haitian Revolution stirred colonialism Haiti Tech Summit Africa Tech Summit - Nairobi On The Five Stakeholder Model What's GDP really all about? The Assassination of Jovenel Moïse: What happened on July 7, 2021 in Haiti? The IDB Case Study: Seeking a Recipe to Support Entrepreneurs in a Fragile Country: Banj's Approach through the Mobilization of the Innovation Ecosystem in Haiti Haitians at Harvard On Barbados' Inspriational Prime Minister Mia Amor MottleySpecial Guest: Marc Alain Boucicault.

In today's BizNews Premium Editor's Desk, Alec Hogg looks behind the curtain ahead of Budget lock-up — why South Africa's state has become too big, what a shrinking GDP-per-capita scoreboard signals, and what to watch for in the Minister's numbers. He also flags a sobering Financial Times read on Donald Trump's Iran dilemma and the rising risk of conflict, and ends with a practical Economist explainer on HRV — the wearable metric that may be the best indicator of overall health.

Tom Bilyeu and co-host DREW dive headfirst into some of the most pressing and controversial news stories shaking the globe. They kick things off by unpacking the arrest of Prince Andrew—highlighting the unprecedented legal scrutiny on the British royal family and its deep connections to the infamous Epstein saga. The conversation peels back the layers of power, secrecy, and the changing nature of accountability in the age of hyper-velocity information, asking whether true justice can ever be achieved when the world's elites are involved. But the episode doesn't stop there. Tom Bilyeu and DREW pivot to the bizarre timing of President Trump's announcement to “give us the aliens,” raising questions about whether disclosures about extraterrestrial life are just next-level distractions from more uncomfortable truths. From Nobel Prize-winning physics experiments that challenge our understanding of reality itself, to politicians and military personnel testifying under oath about UFOs, this discussion is a whirlwind journey through the places where science fiction meets political theater. As always, expect sharp analysis, biting humor, and a fearless willingness to address the issues others avoid. Whether it's the unraveling of global conspiracies, the fate of democracy in an era of fractured narratives, or the economic chess game of international tariffs, this episode promises to make you think deeper and question everything. Buckle up—this is Impact Theory at its thought-provoking best. Huel: High-Protein Starter Kit 20% off for new customers at https://huel.com/impact code impactKetone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderQuince: Free shipping and 365-day returns at https://quince.com/impactpodShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impactPique: 20% off at https://piquelife.com/impact Cape: 33% off your first 6 months with code IMPACT at https://cape.co/impact Plaud: Get 10% off with code TOM10 at https://plaud.ai/tomDuck.Ai: Protect your privacy at https://duck.ai/impactRaycon: 15% off at https://buyraycon.com/impact What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER:  https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.:  https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Prince Andrew arrest, Epstein files, Jeffrey Epstein, misconduct in public office, British royal family, information censorship, aliens, extraterrestrial disclosure, Trump administration, political distraction, royal scandal, government secrets, Virginia Giuffre, sexual abuse allegations, whistleblower testimony, House Oversight Committee, UAP (Unidentified Aerial Phenomena), alien technology, Nobel Prize physics, quantum entanglement, Obama alien remarks, Trump tariffs, Supreme Court ruling, International Emergency Economic Power Act (IEPA), tariff lawsuits, government shutdown, GDP numbers, deregulation, energy prices, U.S. manufacturing jobs Learn more about your ad choices. Visit megaphone.fm/adchoices

Let's talk about Trump blaming the GDP on democrats....

US equity futures are pointing sharply lower to start the week, with Asian markets broadly higher and European equities trading a weaker open. Markets are reacting to Friday's Supreme Court ruling striking down the IEEPA tariffs, followed immediately by President Trump announcing a new global tariff rate of 10%, later raised to 15% under a different authority. The move has injected fresh uncertainty into the trade landscape, with expectations that the administration will pursue additional trade investigations to restore its effective tariff rate. Questions also remain around potential tariff refunds after the court offered no clear guidance. The ruling and subsequent policy shift come against a backdrop of mixed macro data, including softer flash PMIs, hotter-than-expected core PCE, and below-consensus fourth-quarter GDP. Fed commentary leaned hawkish, with officials highlighting upside inflation risks and signaling that further tightening could return to the table if price pressures reaccelerate. Geopolitical tensions remain elevated amid discussions of a potential limited US strike on Iran, though risk assets had largely shrugged off the headlines late last week.Companies Mentioned: Netflix, TPG, KKR, Fortune Brands Innovations

Is your AI agent running a restaurant — or a factory — while you sleep?In this episode of TechFirst, John Koetsier sits down with Jensen Teng, CEO and co-founder of Virtuals, to unpack one of the boldest (or craziest) visions in tech today: a hybrid economy powered by AI agents, humanoid robots, teleoperation, and blockchain coordination.An economy that may not really need humans for much at all ...Virtuos has already facilitated:• $14B in tokenized asset trading• $30M+ raised for founders• 100+ live AI agents• $500M in “agentic GDP”Now they're expanding into embodied AI — launching EastWorlds, a vertically integrated robotics incubator with 30 Unitree G1 humanoids in a 10,000 sq. ft. lab.We cover:• What “agentic GDP” really means• How AI agents coordinate using blockchain• Why teleoperation is the bridge to full autonomy• The economics of outsourcing physical labor via robots• Why security guards may be a Day 1 use case• The data gap holding back robotics• Tokenization as a potential solution to AI-era inequality• Whether this future looks more like Stripe… or WestworldThis isn't sci-fi. It's already underway.⸻GuestJensen TengCEO & Co-founder, Virtuals⸻If you care about the future of work, robotics, AI agents, tokenization, and the economic systems emerging around them — this is a must-watch.

Economist Steven Durlauf, a professor at the University of Chicago Harris School of Public Policy, weighs in on the fallout from Friday's Supreme Court decision that the Trump Administration had exceeded its authority in declaring tariffs as being necessary under emergency conditions. While the move put an end to the previously announced tariffs, Durlauf discusses the uncertain benefits of the changes, noting that there are some monies that could flow back to consumers or prices that could decrease, but that most of the impacts will be more on the policy and economy fronts than to the pocketbooks of consumers and the coffers of businesses.  David Trainer, founder and president at New Constructs, says that technology investors could be headed for trouble as he expects the sector to roll over "and take several steps back," bogged down with more balance sheets showing an overload of debt.  He notes that tech stocks have benefitted from momentum investing and buy-the-dips thinking, but if earnings slow down — as he expects — and off-balance sheet debts hit home, the sector will lag other parts of the market. Vijay Marolia, chief investment officer at Regal Point Capital says that he expects GDP numbers to come roaring back from last week's disappointment, noting that the 4%-plus growth he sees for much of the rest of the year is more than just recovering the gross domestic product lost late last year to the government shutdown. He does not expect that growth to be derailed by continuing trade-policy and tariff uncertainty, which reached new heights last week after the Supreme Court decision. Also in "The Week That Is," Vijay discusses his experience playing around on prediction markets and how that has led him to see that those platforms — which most see as a different form of gambling — will have real impacts on investment theory and strategy in the very near future.

A weak GDP report and hot inflation data were overshadowed by the Supreme Court's decision to overturn Trump's tariffs Friday. Nvidia earnings, Fed speakers are in-focus this week. Important Disclosures This material is intended for general informational purposes only. This should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned may 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. The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc. 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. Supporting documentation for any claims or statistical information is available upon request. Past performance is no guarantee of future results. Diversification and rebalancing strategies do not ensure a profit and do not protect against losses in declining markets. Indexes are unmanaged, do not incur management fees, costs, and expenses and cannot be invested in directly. For more information on indexes, please see schwab.com/indexdefinitions. The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party. 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. 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. Investing involves risk, including loss of principal, and for some products and strategies, loss of more than your initial investment. Digital currencies [such as bitcoin] 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 intended. Please read more about risks of trading cryptocurrency futures here. The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc. Apple Podcasts and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. Google Podcasts and the Google Podcasts logo are trademarks of Google LLC. Spotify and the Spotify logo are registered trademarks of Spotify AB. (0128-0226) Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Ted Thatcher discusses market unease and the state of the broad economy. He's hopeful for the year still, breaking down the latest GDP report and what he thinks investors are missing. Ted covers why he thinks Amazon (AMZN) is an appealing buy here, arguing that the opportunity for AWS within AI is underappreciated, and why it can hit the “singularity” in the robotics revolution first.======== 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

In this Jack Westin MCAT Podcast episode, Mike and Molly break down MCAT signaling cascades with a clear, test-focused walkthrough of G protein–coupled receptors (GPCRs). You'll learn the core GPCR structure, how GDP → GTP activation works , why signaling pathways create amplification, and how cells shut signals off with built-in termination steps.We cover the high-yield cAMP pathway in detail, including Gs vs Gi, adenylyl cyclase → cAMP → protein kinase A (PKA), plus the key ideas behind the Gq pathway (PLC and calcium signaling). We also connect GPCR signaling to common MCAT contexts like hormones, fast cellular responses, and a classic passage-style example (cholera toxin) to show how the AAMC tests cause-and-effect in pathways.In this episode, you'll learn:

Raoul Ruparel, director of Boston Consulting Group's Centre for Growth, discusses his research showing Britain’s biggest industries have been responsible for the decades-long decline in productivity that has roughly halved the GDP growth rate since the end of the 1990s. He spoke to Stephen Carroll and Caroline Hepker on Bloomberg Daybreak Europe.See omnystudio.com/listener for privacy information.

Ilyce Glink, owner of Think Glink Media, joins Jon Hansen, filling in for Lisa Dent, to talk about the Supreme Court ruling President Trump’s tariffs illegal, inflation, and GDP.

This episode of Viewpoint This Sunday detonates two political flashbangs back-to-back: the Supreme Court torpedoing Trump's global tariffs—and a looming U.S.–Israel strike on Iran that could reshape the Middle East overnight. Host Malcolm Out Loud brings the heat with a rapid-fire, no-filter discussion featuring economic strategist Christian Briggs, as they unpack what the SCOTUS decision really means—and why the fallout could hit the economy, the midterms, and Trump's entire trade strategy at once.The core question driving the first half: Was this a “ruling” or just an “opinion”—and who actually has the power to stop the president? Engel goes straight to the Constitution, arguing tariffs are fundamentally taxes and that Congress—not the president—holds the power to impose them. He warns that using emergency powers under the International Emergency Economic Powers Act doesn't authorize taxation, and he frames the Court's decision as a necessary check on executive overreach—regardless of whether tariffs are good policy. Briggs largely agrees on constitutionality, even while insisting Trump's intent was to restore a level playing field and defend American manufacturing.Then the conversation gets explosive: refunds. If the tariffs were unconstitutional, Engel argues the government may have effectively “taken” massive sums—raising the question of whether importers (and ultimately consumers) are owed billions back, even though costs may have already been passed down the chain. That's when the debate turns political: does this ruling help Republicans by easing cost pressure before midterms—or does it hurt them because the tariffs already squeezed younger and lower-income Americans? Briggs argues the damage is real, pointing to GDP pressure, shrinking discretionary income, and price spikes that hit working families hardest.But the biggest moment isn't even about tariffs—it's about the terrifying truth underneath the argument: America's system is broken. The hosts openly wrestle with a brutal reality—Congress is dysfunctional, the public doesn't understand constitutional mechanics, and the country now treats SCOTUS like a final kingmaker even though the Court has no enforcement arm. Engel warns that if Americans surrender the “republic” mindset and treat nine justices as rulers, the nation drifts toward oligarchy. Briggs adds that executive power has expanded for decades across administrations, and now Trump is being forced to navigate a system where courts, Congress, and public perception collide.And just when you think it's over—Malcolm tees up the next crisis: Iran. Experts warn a strike looks imminent, and that negotiating with Tehran may be equivalent to negotiating with fanatics.If you want one episode that captures the constitutional collision, economic fallout, and geopolitical fuse all at once—this is it.

President Trump just signaled a major escalation: raising global tariffs from 10% to 15%—right after the Supreme Court moved to strike down his use of tariffs under the International Emergency Economic Powers Act. Critics called it a defeat. Trump called the ruling “ridiculous.” And in this fast-moving, high-stakes interview, economist Christian Briggsbreaks down what's really happening behind the headlines—and why the market may have just revealed the real story.Briggs explains that the Supreme Court's decision isn't necessarily an anti-tariff ruling—it's a constitutional boundary marker. In other words: it's not “no tariffs,” it's “not that way.” He argues the Court is trying to preserve constitutional order by forcing tariff authority back toward Congress or tighter legal frameworks, while still leaving enough room for Trump to pivot immediately. That pivot, Briggs predicts, is coming fast—potentially within days—as Trump and his legal team roll out Plan B, designed to keep tariffs alive through a new method that fits within the Court's limits.Then Briggs gets into the economic impact—and this is where the interview gets real. He confirms tariffs have already driven measurable manufacturing behavior: international producers are shifting or expanding operations in the U.S. to avoid the tariff wall, while domestic manufacturing becomes more competitive. Jobs are beginning to return, and the economic “gravity” of supply chains is moving back toward America.But Briggs doesn't ignore the downside: consumers have already absorbed an estimated $150 billion in added costs from tariffs. The key question becomes: does short-term pain outweigh long-term gain? Briggs' answer is blunt—tariffs can sting, especially for the bottom half of earners, but he argues the real payoff comes when wages rise through high-value manufacturing jobs, turning short-term cost pressure into long-term prosperity. His forecast: if reshoring accelerates, the U.S. could see 4–5% GDP growth in 2027 driven by industrial expansion.The most surprising moment? Investors appeared to like the ruling. Markets bumped upward after the decision because traders interpreted it as clarity—not collapse. In Briggs' view, investors saw a scenario where tariffs continue, but with tighter legal guardrails, less uncertainty, and a clearer framework.Finally, Briggs addresses the political question: does this weaken Trump on the world stage? His answer: not even close.He argues Trump treats setbacks like business obstacles—simply one route that doesn't work, before finding the route that does. And that mindset, he says, makes Trump look stronger—not weaker—heading into the next round of negotiations.If you want the clearest breakdown of what this ruling means, what Trump's next move likely is, and why markets reacted the way they did—this is the episode to watch.

It was a difficult Friday for US President Donald Trump, as the Supreme Court ruled against his tariffs, while GDP in the fourth quarter grew by less than expected and a core measure of inflation rose. But, notes Chris Holdsworth, Chief Investment Strategist, at Investec Wealth & Investment International, Trump has already announced other measures to retain tariffs. Investec Focus Radio SA

Gold just broke above $5,100 — and almost no one is talking about it.While politicians argue over tariffs, the real story is accelerating stagflation. GDP growth collapsed from 4.4% to 1.4%. Core PCE inflation is rising again. The Fed is openly debating rate cuts while inflation runs 50% above target.This is not a soft landing.Deficits are exploding. Tariff revenue is disappearing. The national debt is surging. The bond market is weakening. And the Federal Reserve is trapped between a weakening economy and rising inflation.That trap has only one historical resolution: monetary expansion.Gold is moving because the market understands what policymakers won't admit. The dollar's purchasing power is deteriorating. Sovereign debt risk is rising. Global capital is repositioning.This is not about daily volatility. It's about systemic imbalance.When growth weakens and inflation accelerates at the same time, the outcome isn't recovery — it's currency stress.Gold is signaling the next phase.Our Sponsors:* Check out GhostBed: https://ghostbed.com/PETER* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.comPrivacy & Opt-Out: https://redcircle.com/privacy

1.Jeff Bliss reports a deadly avalanche in Lake Tahoe claimed nine lives due to dry uncompacted snow, severe storms are causing heavy snowfall at Donner Pass and flooding the Los Angeles River, while Las Vegas faces declining foot traffic and Los Angeles battles rampant copper wire theft. 12.Jeff Bliss covers California's upcoming gubernatorial jungle primary with Democrat Eric Swalwell and Republican Steve Hilton as early frontrunners, Spencer Pratt challenging Mayor Karen Bass in Los Angeles, and Governor Gavin Newsom positioning himself for a 2028 presidential run on an anti-Trump platform. 23.Gene Marks reports that despite a disappointing fourth-quarter GDP growth rate of 1.4 percent and sluggishness in shipping and chemical sectors, small businesses remain surprisingly resilient with optimism above average and continued hiring plans even as AI integration remains limited. 34.Gene Marks discusses the Supreme Court ruling the administration's April 2025 emergency tariffs unconstitutional, leaving billions in collected funds in limbo, though the administration will likely utilize the Trade Acts of 1962 and 1974 to continue imposing targeted tariffs without congressional approval. 45.Jim McTague reports Lancaster County reflects the national 1.4 percent GDP slowdown with flat retail, consumer price fatigue, and plummeting restaurant traffic due to rising costs and weight-loss drugs, while Washington DC lobbying and local health and construction sectors remain strong. 56.Lorenzo Fiori reports the Milan Winter Olympics are proceeding successfully amidst beautiful snow with rumors of a Donald Trump visit for the hockey finals, while extreme weather has caused dangerous Alpine avalanches and the tragic collapse of the historic Lover's Arch on the Adriatic coast. 67.Bob Zimmerman of Behind the Black reports NASA successfully completed a wet dress rehearsal for the Artemis IImission targeting a March 6th launch, while a NASA report classified Boeing's Starliner failure as a severe Type A emergency prompting tighter control as SpaceX competition thrives. 78.Bob Zimmerman reports Japanese private space startup ispace is struggling with severe engine development problems for its lunar landers, while archival images from New Horizons reveal Pluto's bizarre splotched surface and floating ice mountains, and a newly discovered dim galaxy hints at dark matter's vastness. 89.Sir Max Hastings details the daring glider assault to capture the Orne River bridge, where Major John Howard'stroops achieved total surprise, securing a vital link for British airborne and seaborne forces on D-Day itself. 910.Sir Max Hastings discusses General Montgomery's expanded vision for D-Day and the initial chaos of the airborne landings, noting that despite the shambles at Merville battery, paratroopers' bravery confused German defenders and secured the mission's early vital stages. 1011.Sir Max Hastings highlights Major General Richard Gale's calm leadership during the chaotic airborne drops, with success relying on British deception plans and Rommel's absence preventing early German counterattacks against the beaches on D-Day. 1112.Sir Max Hastings describes specialized armored funnies that supported British landings on Sword Beach, noting that while technically successful, heavy traffic and Montgomery's overly ambitious objectives prevented the Allies from capturing Caen on D-Day. 1213.Henry Sokolski of the Nonproliferation Policy Education Center critiques the inconsistency of threatening war against Iran over its nuclear program while simultaneously considering a deal to allow Saudi Arabia uranium enrichment capabilities under less stringent international oversight. 1314.Veronique de Rugy of the Mercatus Center explains how bipartisan spending on entitlement programs like Social Security and Medicare drives national debt, arguing that American consumers, not foreign nations, primarily bear the economic burden of tariffs. 1415.Professor Richard Epstein of the Hoover Institution analyzes constitutional limits of presidential authority to fire independent agency officials, discussing historical precedents like Humphrey's Executor and critiquing legal reasoning behind maintaining quasi-judicial independence within the executive branch. 1516.Professor Richard Epstein predicts the Supreme Court may strike down tariffs, arguing that trade deficits do not constitute legal emergencies, while also discussing the potential for the Court to preserve the Federal Reserve'sindependence from executive control. 16

Economist EJ Antoni and Professor of Finance Michael Faulkender joins the show to talk Inflation and GDP 4th Quarter. Learn more about your ad choices. Visit megaphone.fm/adchoices

While stocks have been stuck in a trading range for months, it has given their Daily Moving Averages time to catch up and for oversold levels to burn off.Technically, this should provide current prices with stronger support to move higher from -- especially if capital starts rotating back into the battered software and AI sectors.Portfolio manager Lance Roberts and I discuss the odds for this, as well as the new Supreme Court decision against tariffs, the latest GDP growth and PCE inflation data, mounting signs of concern in private credit, as well as Lance's firm's latest trades.For everything that mattered to markets this week, watch this video.Get Lance's 10 Immutable Laws Of Building Wealth at https://realinvestmentadvice.com/resources/blog/money-the-10-immutable-laws-of-building-wealth/REGISTER FOR THOUGHTFUL MONEY'S SPRING ONLINE CONFERENCE AT THE EARLY BIRD DISCOUNT PRICE at https://www.thoughtfulmoney.com/conference#tariffs #bullmarket #privatecredit _____________________________________________ Thoughtful Money LLC is a Registered Investment Advisor Promoter.We produce educational content geared for the individual investor. It's important to note that this content is NOT investment advice, individual or otherwise, nor should be construed as such.We recommend that most investors, especially if inexperienced, should consider benefiting from the direction and guidance of a qualified financial advisor registered with the U.S. Securities and Exchange Commission (SEC) or state securities regulators who can develop & implement a personalized financial plan based on a customer's unique goals, needs & risk tolerance.IMPORTANT NOTE: There are risks associated with investing in securities.Investing in stocks, bonds, exchange traded funds, mutual funds, money market funds, and other types of securities involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods.A security's or a firm's past investment performance is not a guarantee or predictor of future investment performance.Thoughtful Money and the Thoughtful Money logo are trademarks of Thoughtful Money LLC.Copyright © 2026 Thoughtful Money LLC. All rights reserved.

Savage speaks with David Bahnsen — founder of The Bahnsen Group, host of the Capital Record, and a leading voice at National Review. They confront the collapse of fiscal conservatism in an era of runaway spending — and the ticking time bomb of America's national debt blowing past $38 trillion. Bahnsen sounds the alarm on what soaring deficits and a swelling debt-to-GDP ratio mean for your savings, your investments, and the country's future. Then the pair cover the top economic trends of our modern era: The real reason gold is surging — and whether a financial panic is brewing The crypto mania: revolution or mirage? The AI stock boom — historic opportunity or the next bubble ready to burst? A high-stakes financial reality check you won't want to miss.   Go to get.stash.com/SAVAGE to see how you can receive TWENTY-FIVE DOLLARS towards your first stock purchase and to view important disclosures. Protect your wealth with Goldencrest Metals at https://reports.goldencrestmetals.com/savagegold For a limited time only, head to Rugiet.com/SAVAGE to get 15% off your order.

Gene Marks reports that despite a disappointing fourth-quarter GDP growth rate of 1.4 percent and sluggishness in shipping and chemical sectors, small businesses remain surprisingly resilient with optimism above average and continued hiring plans even as AI integration remains limited. 31949 STORK CLUB

Jim McTague reports Lancaster County reflects the national 1.4 percent GDP slowdown with flat retail, consumer price fatigue, and plummeting restaurant traffic due to rising costs and weight-loss drugs, while Washington DC lobbying and local health and construction sectors remain strong. 51879 GRAND ARMY OF THE REPUBLIC

The Supreme Court just ruled that the cornerstone of the president's tariff policy is illegal. It says Donald Trump can't impose tariffs under the International Emergency Economic Powers Act. U.S. consumers and businesses have been shouldering nearly 90% of the cost of all import taxes, and some businesses are vowing to go to court to get a refund. Also on the show: weaker-than-expected GDP growth, DEI's rebrand, and potential federal regulation for driverless cars.