Podcasts about Global

Hosea 10:1-14:9, Jude 1:1-25, Ps 127:1-5, Pr 29:15-17

Dane Johnson, Founder and CEO of Crohn's Colitis Lifestyle, is a Holistic Nutritionist helping reverse IBD. Surviving life-threatening Crohn's, he created the S.H.I.E.L.D. Program, empowering 500 plus clients worldwide to achieve lasting symptom relief. Top 3 Value Bombs 1. Turn pain into purpose. Your greatest challenge can become the foundation of your most impactful business. 2. Ultra-niche to blow up. Focus deeply on one specific problem that only you can solve and own that space. 3. Lead with morals over money. Integrity builds trust, community, and a business that lasts generations. Check out Dane's website. Get a free 1-hour session for anyone struggling with health - Crohns Colitis Lifestyle Sponsors HighLevel - The ultimate all-in-one platform for entrepreneurs, marketers, coaches, and agencies. Learn more at HighLevelFire.com. Shopify - If you want to see less carts being abandoned, it's time for you to head over to Shopify. Sign up for your 1 dollar-per-month trial and start selling today at Shopify.com/onfire. ZipRecruiter - Make your hiring a little merrier with ZipRecruiter. 4 out of 5 employers who post on ZipRecruiter get a quality candidate within the first day. Try ZipRecruiter for free at ZipRecruiter.com/fire.

Survivor Global: Survivor 49 Episode 11 with Zara Callianiotis Survivor Global host Shannon Guss speaks to Australian Survivor Brain Zara Callianiotis about Survivor 49, episode 11. They discuss the winners and losers (or lack thereof) from this episode, as well as the strategic decisions around the journey, reward, the vote and what’s coming next. Never miss a minute of RHAP's extensive Survivor coverage! LISTEN: Subscribe to the Survivor podcast feed WATCH:  Watch and subscribe to the podcast on YouTube SUPPORT:  Become a RHAP Patron for bonus content, access to Facebook and Discord groups plus more great perks!

Survivor Global: Survivor 49 Episode 11 with Zara Callianiotis Survivor Global host Shannon Guss speaks to Australian Survivor Brain Zara Callianiotis about Survivor 49, episode 11. They discuss the winners and losers (or lack thereof) from this episode, as well as the strategic decisions around the journey, reward, the vote and what’s coming next. Never miss a minute of RHAP's extensive Survivor coverage! LISTEN: Subscribe to the Survivor podcast feed WATCH:  Watch and subscribe to the podcast on YouTube SUPPORT:  Become a RHAP Patron for bonus content, access to Facebook and Discord groups plus more great perks!

Silver is flashing every warning sign in the global financial system! 
In only the last 30 days we've seen:


BroodMinder has become one of the most trusted names in hive monitoring, and in this episode the team joins Jeff and Becky to share big news, new directions, and surprising insights from the field. Founder Rich Morris, software lead Amanda Stoltz, and global collaborator Lorenzo Pons sit down together during the BroodMinder Global Summit to talk about how the company has evolved, how beekeepers use hive data today, and what's ahead for sensor-based management.  Rich reflects on nearly a decade of development—from early temperature sensors to today's multi-sensor hive ecosystem. Amanda, stepping into a new leadership role, talks about improving the user experience, the move toward mobile-first viewing, and how BroodMinder is balancing innovation with accessibility for beekeepers at all levels. Lorenzo brings a global perspective, describing how sensors help European beekeepers manage pollination services and adapt to rising hornet pressure.  Together, the team explains why simple temperature sensors remain one of the most valuable tools for understanding colony health, how hive scales help track forage conditions, and how new technologies may soon support beekeepers in detecting varroa and hornet threats in real time. They also offer a candid look at designing products beekeepers can trust, balancing subscription models with affordability, and the humorous but real "Chart Addiction Club" that forms once beekeepers start watching their colonies' data more closely than ever.  Whether you're considering your first sensor or already monitoring colonies remotely, this conversation offers a clear, grounded look at how data tools are expanding what beekeepers can understand without opening a hive—and introduces the people shaping that future. Websites from the episode and others we recommend: BroodMinder website: https://broodminder.com Project Apis m. (PAm): https://www.projectapism.org Honey Bee Health Coalition: https://honeybeehealthcoalition.org The National Honey Board: https://honey.com Honey Bee Obscura Podcast: https://honeybeeobscura.com   Copyright © 2025 by Growing Planet Media, LLC     ______________ Betterbee is the presenting sponsor of Beekeeping Today Podcast. Betterbee's mission is to support every beekeeper with excellent customer service, continued education and quality equipment. From their colorful and informative catalog to their support of beekeeper educational activities, including this podcast series, Betterbee truly is Beekeepers Serving Beekeepers. See for yourself at www.betterbee.com This episode is brought to you by Global Patties! Global offers a variety of standard and custom patties. Visit them today at http://globalpatties.com and let them know you appreciate them sponsoring this episode!  Thanks to Bee Smart Designs as a sponsor of this podcast! Bee Smart Designs is the creator of innovative, modular and interchangeable hive systems made in the USA using recycled and American sourced materials. Bee Smart Designs - Simply better beekeeping for the modern beekeeper. Thanks to Strong Microbials for their support of Beekeeping Today Podcast. Find out more about their line of probiotics in our Season 3, Episode 12 episode and from their website: https://www.strongmicrobials.com HiveIQ is revolutionizing the way beekeepers manage their colonies with innovative, insulated hive systems designed for maximum colony health and efficiency. Their hives maintain stable temperatures year-round, reduce stress on the bees, and are built to last using durable, lightweight materials. Whether you're managing two hives or two hundred, HiveIQ's smart design helps your bees thrive while saving you time and effort. Learn more at HiveIQ.com. Thanks for Northern Bee Books for their support. Northern Bee Books is the publisher of bee books available worldwide from their website or from Amazon and bookstores everywhere. They are also the publishers of The Beekeepers Quarterly and Natural Bee Husbandry. _______________ We hope you enjoy this podcast and welcome your questions and comments in the show notes of this episode or: questions@beekeepingtodaypodcast.com Thank you for listening!  Podcast music: Be Strong by Young Presidents; Epilogue by Musicalman; Faraday by BeGun; Walking in Paris by Studio Le Bus; A Fresh New Start by Pete Morse; Wedding Day by Boomer; Christmas Avenue by Immersive Music; Red Jack Blues by Daniel Hart; Original guitar background instrumental by Jeff Ott. Beekeeping Today Podcast is an audio production of Growing Planet Media, LLC ** As an Amazon Associate, we may earn a commission from qualifying purchases Copyright © 2025 by Growing Planet Media, LLC

BE WARNED: It's LuAnna, and this podcast contains honest, upfront opinions, rants, bants and general explicit content. But you know you love it.On this week's LuAnna: The Podcast: Christmas prep is underway, the trees are up, Elle's big role in the nativity needs some lighting up, there's going to be a fish rehoming, we love Itsu and Lu's moving to Dubai, but Luanna lives on! Plus, a listener's husband living a lie, work pregnancy issues, a kid goes off script at her nativity and we chat about Georgina Cox's Sweaty Betty problem. GRAB YOUR TICKETS FOR THE BIG PARTY AT EVERYTHINGLUANNA.COMRemember, if you want to get in touch you can: Email us at luanna@everythingluanna.com OR drop us a WhatsApp on 07745 266947Please review Global's Privacy Policy: https://global.com/legal/privacy-policy/

In this globally focused installment of Adventures in Advising, Matt and Ryan sit down with Miriam Khalil and Sean Bridgen to learn about an exciting new international collaboration between the International Association of Student Affairs and Services (IASAS) and NACADA-The Global Community for Academic Advising!

Hosea 6:1-9:17, 3 John 1:1-15, Ps 126:1-6, Pr 29:12-14

Hosea 6:1-9:17, 3 John 1:1-15, Ps 126:1-6, Pr 29:12-14

Fifa's president, Gianni Infantino, is widely expected to award Donald Trump the inaugural FIFA Peace Prize on Friday, at the draw for the 2026 World Cup in Washington DC. The prize has led to scrutiny over Infantino's close relationship with Trump, along with concerns that Trump might move matches from host cities and fears over visa delays or refusals for travelling fans and officials.We speak to Dan Roan, the BBC's sports editor, about why Infantino is cozying up to Trump, and what it means for football and global diplomacy.The Global Story brings clarity to politics, business and foreign policy in a time of connection and disruption. For more episodes, just search 'The Global Story' wherever you get your BBC Podcasts.Producer: Sam Chantarasak and Aron KellerSound engineer: Travis EvansSenior news editor: China CollinsPhoto: Fifa President Gianni Infantino shows US President Donald Trump the World Cup Trophy in the Oval Office. Chip Somodevilla

Acts 20:1-3, Romans 1-3

Acts 20:1-3, Romans 1-3

The Donald Trump administration revealed the US empire's new plan for global dominance in the 2025 National Security Strategy. The goal is to impose hegemony in the Western Hemisphere, reviving the colonial Monroe Doctrine, to move supply chains out of Asia and bring manufacturing into Latin America via "nearshoring", in order to economically decouple from China and prepare for conflict in Cold War Two. Ben Norton analyzes the important document. VIDEO: https://www.youtube.com/watch?v=idkurWogst8 Topics 0:00 Summary of US National Security Strategy 2:45 US economic dependency on China 5:25 USA loses China war games 6:45 Why Trump targets Latin America 7:41 Marco Rubio, war hawk 9:34 (CLIP) Marco Rubio on China "threat" 10:17 Main goals of Trump's foreign policy 10:35 Improve Russia relations 11:30 Brief summary of US strategy 12:01 Western media misunderstands report 13:24 Whitewashing US imperialism 14:45 Obama's pivot to Asia 15:18 Asia is 1/2 of global economy 16:05 Hillary Clinton's "Russia reset" 16:34 Second Cold War aims at China 17:38 Main goals of US foreign policy 21:29 First target: Latin America 23:13 Second target: China 24:37 US dollar dominance 25:47 (CLIP) Trump threatens BRICS 26:16 Weaponizing technology 26:44 Natural resources in Americas 27:27 Hypocritical buzzwords 29:38 Culture war 32:00 Regions targeted by US empire 32:22 Colonial Monroe Doctrine 33:51 "Enlisting" US vassals 35:30 Nearshoring manufacturing 37:58 Militarizing Latin America 39:04 USA threatens countries 40:30 Natural resources 41:30 "US must be preeminent" 41:55 Cutting off Chinese technology 42:58 Goal: "an American-led world" 43:59 US government serves corporations 45:51 Strategy in "Indo-Pacific" region 46:21 Criticizing China's independence 47:17 Pacific: 21st century's "battleground" 47:52 Asia is half of world GDP (PPP) 49:08 Decline of Western hegemony 51:04 Supply chains 51:31 Economic war 52:21 India 55:12 Japan, South Korea, Australia 57:22 Dollar as global reserve currency 57:45 Taiwan 1:01:28 Europe 1:02:20 Russia 1:03:15 EU as captive US market 1:04:47 West Asia (Middle East) 1:05:18 Oil and natural gas 1:06:19 Israel 1:06:56 Africa 1:08:15 Conclusion 1:08:49 Outro

TODAY ON THE ROBERT SCOTT BELL SHOW: California Naturopathic Assn Conference, FCC Power Grab, Supplements Under Threat, San Francisco Sues Big Food, Global Omega-3 Deficiency Warning, HHS Responds To Pritzker, Ex-FDA Chiefs Attack Prasad, MAHA Classroom Revolution, Cassidy Slams CDC Panel, Tree Pesticide Risks, WV Bans Religious Exemptions, and MORE! https://robertscottbell.com/fcc-power-grab-supplements-under-threat-san-francisco-sues-big-food-global-omega-3-deficiency-warning-hhs-responds-to-pritzker-bill-ex-fda-chiefs-attack-prasad-maha-classroom-revolution-cassidy/https://boxcast.tv/view/california-naturopathic-assn-conference-supplements-under-threat-frisco-sues-big-food-global-omega-3-deficiency---the-rsb-show-12-5-25-wtcyqbc8enda1vhxtglt Purpose and Character The use of copyrighted material on the website is for non-commercial, educational purposes, and is intended to provide benefit to the public through information, critique, teaching, scholarship, or research. Nature of Copyrighted Material Weensure that the copyrighted material used is for supplementary and illustrative purposes and that it contributes significantly to the user's understanding of the content in a non-detrimental way to the commercial value of the original content. Amount and Substantiality Our website uses only the necessary amount of copyrighted material to achieve the intended purpose and does not substitute for the original market of the copyrighted works. Effect on Market Value The use of copyrighted material on our website does not in any way diminish or affect the market value of the original work. We believe that our use constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the U.S. Copyright Law. If you believe that any content on the website violates your copyright, please contact us providing the necessary information, and we will take appropriate action to address your concern.

Psalms 126:1-6

Psalms 126:1-6

Send us a textThis week,We kick off with a PGO Catch-Up, where the boys break down the Dynamax Lugia Max Battle Weekend and the surprisingly lively Pikipek Community Day. Did we fly high? Did we tap endlessly? Obviously.Then it's onto The News – Part 1, covering the December Content Update and everything this final month of the season is bringing to the overworld, raids, bonuses, and beyond.Milo steps up to host a brand-new Pub Quiz game — expect chaos & questionable knowledge!After a WhatsApp Message from the listeners, we dive into The News – Part 2, where Ian leads us through the massive reveal of the Pokémon GO Tour: Kalos.We discuss:• Live Locations — Tainan & Los Angeles• What's new and debuting• Featured Pokémon• 1★, 5★ & Mega Raids• Wild spawns across Central Village, Mountain Manor & Coastal Laboratory• Eggs, Incense, Snapshots & Timed Research• Bonuses, Add-On Days & Route features• Plus all the Global Tour details for both ticket holders and free players.Finally, we wrap up with Shinies of the Week — your sparkly flexes that keep us going!We'd like to say a massive thank you to all of our Patrons for your support, with credited Patrons from featured tiers below:#GOLDJB, Kerry & Zachary, Barside2, Mandy Croft, Mr Mossom, Mufti, DeanDHL, Masterlaxus42 & DamonMac08.#SILVERKLXVI, Dell Hazard, Spindiana, Lori Beck, Steve In Norway, CeeCeeismad, Macfloof, Saul Haberfield, Lizzie George, Sander Van Den Dreiesche, Neonnet, Ellen Rushton, James Alexander, Northern Soph, Tom Cattle, Charley Todd, Robert Wilson, MissSummerOf69, Malcolm Grinter, Jordi Castel, Thehotweasel, shinyikeamom, TonyOfPride, Joohno, Malcolm Burgess & mrj4ck4l.The Gaming BlenderWe mash genres. We pitch games. You question our sanity.Listen on: Apple Podcasts SpotifySupport the showFind us on Niantic Campfire: CLICK MESend us a voice message on WhatsApp: +44 7592695696Email us: contact@incensedpodcast.comIf you'd like to buy merch, you can find us by clicking HERE for U.K. store, HERE for U.S. Oceana store or copy this link: https://incensedpodcast.myspreadshop.net/ for U.K. store or this link: https://incensed-podcast.myspreadshop.com/ for U.S. Oceana store!Hosted By: PoGoMiloUK, Ian Waterfall & Masterful 27. Produced & Edited By: Ian Waterfall & PoGoMiloUK. Administrators: HermesNinja & IAMP1RU5.Pokémon is Copyright Gamefreak, Nintendo and The Pokémon Company 2001-2016All names owned and trademarked by Nintendo, Niantic, The Pokémon Company, and Gamefreak are property of their respective owners.

durée : 04:55:55 - Les Nuits de France Culture - par : Albane Penaranda - En août 1995, France Culture rend hommage à l'historien français Fernand Braudel à l'occasion du 10ème anniversaire de sa disparition - réalisation : Virginie Mourthé - invités : Fernand Braudel Historien (1902-1985); Marc Ferro Historien spécialiste de la Russie et de l'Union Soviétique; Maurice Aymard Historien, directeur d'études à l'EHESS, spécialiste de l'histoire économique de l'Italie et de la Méditerranée à l'époque moderne; Jacques Attali Économiste et écrivain; Jacques Berque Sociologue et anthropologue orientaliste (1910-1995); Pierre Chaunu Historien; Jacques Le Goff Historien médiéviste, producteur à France Culture; Claude Lévi-Strauss Anthropologue et ethnologue français

Hosea 4:1-5:15, 2 John 1:1-13, Ps 125:1-5, Pr 29:9-11

Community Prayer and Encouragement

Community Prayer and Encouragement

The Limits of AI and the Global Quantum Race: Colleague Brandon Weichert explains that current AI models are data crunchers rather than thinking entities, facing limits known as "The Bitter Lesson," while China is "nanoseconds" away from practical quantum computing aimed at decrypting military communications, with Switzerland and Singapore also pursuing sovereign quantum capabilities to ensure digital independence. FEBRUARY 1952

2 Corinthians 10-13

2 Corinthians 10-13

Psalms 125:1-5

Psalms 125:1-5

In this snow-day edition of Geopolitics with Ghost, Gordon breaks down the fast-moving and deeply tangled situation unfolding in the Democratic Republic of Congo and Rwanda. He walks through the Trump-brokered peace signing with Presidents Kagame and Tshisekedi, the ongoing M23 rebel clashes, and why the mineral-rich Kivu region sits at the center of a decades-long geopolitical struggle. Ghost connects the dots on how rare earth metals, tech giants like Apple, Gulf-state investment, and the long shadow of the Israeli diamond cartel all converge in this conflict. From Mossad's covert interference to coup attempts, laundered minerals, and the collapse of legacy monopolies, Ghost exposes how global powers are reshaping Africa's future, and how Trump's strategy is forcing bad actors into the light. He also examines Apple's legal troubles, Al-Shabaab's sudden appearance in the region, and the broader implications for Russia, China, Venezuela, and the emerging sovereign-alliance realignment. A packed episode loaded with evidence, timelines, maps, and hard truths, all pointing to a world in rapid transition.

A lively mix of Badlands Media hosts gathers for a loose, unpredictable night of conversation as they battle tech gremlins, stream delays, and the general weirdness of the week. What begins with jokes about broken cameras, AI quirks, and livestream struggles quickly expands into reflections on coups, world instability, political theater, and the sense that 2025 is teetering on the edge of something big. The hosts mix humor, personal stories, cultural observations, and spontaneous tangents while interacting with the chat and reacting to whatever chaos surfaces next. Unscripted, unfiltered, and unmistakably Badlands, Episode 34 captures the camaraderie, randomness, and community energy that make OnlyLands a weekly refuge for both hosts and viewers.

Hosea 1:1-3:5, 1 John 5:1-21, Ps 124:1-8, Pr 29:5-8

Live from the Morgan Stanley Global Consumer & Retail Conference, our analysts discuss how AI is reshaping the future of shopping in the U.S.Read more insights from Morgan Stanley.----- Transcript -----Michelle Weaver: Welcome to Thoughts on the Market. We're coming to you live from Morgan Stanley's Global Consumer and Retail Conference in New York City, where we have more than 120 leading companies in attendance. Today's episode is the second part of our live discussion of the U.S. consumer and how AI is changing consumer companies. With me on stage, we have Arunima Sinha from the Global and U.S. Economics team, Simeon Guttman, our U.S. Hardlines, Broad Lines, and Food Retail Analyst, and Megan Clap, U.S. Food Producers and Leisure Analyst. It's Friday, December 5th at 10am in New York. So, Simeon, I want to start with you. You recently put out a piece assessing the AI race. Can you take us through how you're assessing current AI implementation? And can you give us some real-world examples of what it looks like when a company significantly integrates AI into their business? Simeon Gutman: Sure. So, the Consumer Discretionary and Staples teams went to each of their covered companies, and we started searching for what those companies have disclosed and communicated regarding their AI. In some cases, we used AI to do this search. But we created a search and created this universe of factors and different ways AI is being implemented. We didn't have a framework until we had the entire universe of all of these AI use cases. Once we did, then we were able to compartmentalize them. And the different groups; we came up with six groups that we were able to cluster. First, personalization and refined search; second, customer acquisition; third product innovation; fourth, labor productivity; fifth, supply chain and logistics. And lastly, inventory management. And using that framework, we were able to rank companies on a 1 to 10 scale. Across – that was the implementation part – across three different dimensions: breadth, how widely the AI is deployed across those categories; the depth, the quality, which we did our best to be able to interpret. And then the last one was proprietary initiatives. So, that's partnerships, could be with leading AI firms. So that helped us differentiate the leaders with others, not necessarily laggards, but those who were ahead of in the race. In some cases, companies that have communicated more would naturally scream more, so there is some potential bias in that. But otherwise, the fact pattern was objective. Walmart has full scale AI deployment. They're integrated across their business. They've introduced GenAI tools. That's like their Sparky shopping assistant. As well as integrated to in-store features. They talked about it. It's been driving a 25 percent increase in average shopper spend. They've recently partnered with OpenAI to enable ChatGPT powered Search and Checkout, positioning where the company, where the customer is shopping. They're also layering on augmented reality for holiday shopping, computer vision for shelf monitoring. LLMs for inventory replenishment. Autonomous lifts, the list goes on and on. But it covers all the functional categories in our framework. Michelle Weaver: And how about a couple examples of the ways companies are using these? Any interesting real world use cases you've seen so far? Simeon Gutman: So, one of them was in marketing personalization, as well as in product cataloging. That was one of the more sided themes at this conference. So, it was good timing. So, the idea is when product is staged on a company's website; I don't think we all appreciate how much time and many hours and people and resources it takes to get the correct information, to get the right pictures and to show all the assortment – those type of functions AI is helping enable. And it sounds like we're on the cusp of a step change in personalization. It sounds like AI, machine learning or algorithm driven suggestions to consumers. We didn't get practical use cases, but a lot of companies talked about the deployment of this into 2026, which sounds like it's something to look forward to. Michelle Weaver: And Megan, how would you describe AI adoption in your space in terms of innings and what kind of criteria are you using to assess the future for AI opportunity and potential? Megan Clapp: Yeah, I would say; I'd characterize adoption in the Food and broader Staples space today is still relatively early innings. I think most companies are still standing up the data infrastructure, experimenting with various tools. We're seeing companies pilot early use cases and start to talk about them, and that was evident in the work we did with the note that Simeon just talked about. And so, the opportunity, I think, going ahead, lies in kind of what we see in terms of scaling those pilots to become more impactful. And for Staples broadly, and Food, you know, ties into this. I think, these companies start with an advantage and that they sit on a tremendous amount of high frequency consumption data. So, the data availability is quite large. The question now is, you know, can these large organizations move with speed and translate that data into action? And that's something that we're focused on when we think about feasibility. I think we think about the opportunity for Food and Staples broadly as we'd put it into kind of two areas. One is what can they do on the top line? Marketing, innovation, R&D, kind of the lifeblood of CPG companies, and that's where we're seeing a lot of the early use cases. I think ultimately that will be the most important driver – driving top line, you know, tends to be the most important thing in most consumer companies. But then on the other side, there are a lot of cost efforts, supply chain savings, labor productivity. Those are honestly a bit easier to quantify. And we're seeing real tangible things come out of that. But overall I think the way we think about it is the large companies with scale and the ability to go after the opportunity because they have the scale and the balance sheet to do so – will be winners here, as well as the smaller, more nimble companies that, you know, can move a little bit faster. And so that's how we're thinking about the opportunity. Michelle Weaver: Can you give us also just a couple examples of AI adoption that's been successful that you've seen so far? Megan Clapp: Yeah, so on the top line side, like I said, kind of marketing innovation, R&D. One quick example on the Food side. Hershey, for example, they're using algorithms to reallocate advertising spend by zip code, based on the real time sell through. So, they can just be much more targeted and more efficient, honestly, with that advertising spend. I think from an innovation perspective too, these companies are able to identify on trend things faster and incorporate that and take the idea to shelf time down significantly. And then on the cost side, you know, General Mills is a company is actually relatively, far ahead, I'd say, in the AI adoption curve in Staples broadly. And what they've done is deployed what they call digital twins across their network, and it has improved forecast accuracy. They've taken their historical productivity savings from 4 percent annually to 5 percent. That's something that's structural. So, seeing real tangible benefits that are showing up in the PNL. And so, I think broadly the theme is these companies are using AI to make faster, and more precise decisions. And then I thought, I'd just mention on the leisure side, something that I felt was interesting that we learned from Shark Ninja yesterday at the conference is – when asked about the role of Agentic AI in future commerce, thinks it'll be huge was how he described; the CEO described it. And what they're doing actively right now is optimizing their D2C website for LLMs like ChatGPT and Gemini. And his point was that what drives conversion on D2C today may not ultimately be what ranks on AI driven search. But he said the expectation is that by Christmas of next year, commerce via these AI platforms will be meaningful; mentioned that OpenAI is already experimenting with curated product transactions. So, they're really focused on optimizing their portfolio. He thinks brands will win; but you have got to get ahead of it as well. Michelle Weaver: And that's great that you just brought up Agentic commerce. We've heard about it quite a bit over the past couple of days, Simeon. And I know you recently put out a big piece on this theme. Agentic commerce introduces a lot of possibility for incremental sales, but it also introduces the possibility for cannibalization. Where do you see this shaking out in your space? Are you really concerned about that cannibalization possibility? Simeon Gutman: Yeah, so the larger debate is a little bit of sales cannibalization and a potential bit of retail media cannibalization. So, your first point is Agentic theoretically opens up a bigger e-commerce penetration and just more commerce. And once you go to more e-commerce, that could be beneficial for some of these companies. We can also put the counter argument of when e-commerce came, direct-to-consumer type of selling could disintermediate the captive retailer sales again. Maybe, maybe not. Part of this answer is we created a framework to think about what retailers can protect themselves most from this. Two of them; two of the five I's are infrastructure and inventory. So, the more that your inventory is forward position, the more infrastructure you have; the AI and the agent will still prioritize that retailer within that network. That business will likely not go elsewhere. And that's our premise. Now, retail media is a different can of worms. We don't know what models are going to look like. How this interaction will take place? We don't know who controls the data. The transactions part of this conference is we were hearing, ‘Well, the retailers are going to control some of the data and the transaction.' Will consumers feel comfortable giving personal information, credit card to agents? I'm sure at some point we'll feel comfortable, but there are these inertia points and these are models that are getting worked out today. There's incentives for the hyperscalers to be part of this. There's incentive for the retailers to be part of it. But we ultimately don't know. What we do know is though forward position inventory is still going to win that agent's business if you need to get merchandise quickly, efficiently. And if it's a lot of merchandise at once. Think about the largest platforms that have been investing in long tail of product and speed to getting it to that consumer. Michelle Weaver: And Arunima, I want to bring this back to the macro as well. As AI adoption starts to ramp the labor market then starts to get called into question. Is this going to be automation or is it going to be augmentation as you see a ramp in AI adoption? So how are your expectations for AI being factored into your forecast and what are you expecting there? Arunima Sinha: There are two ways that we think about just sort of AI spending mattering for our growth forecasts. One part is literally the spend, the investment in the data centers and the chips and so on. And then the other is just the rise in productivity. So, does the labor or does the human capital become more productive? And if we sum both of those things together, we think that over 2026 – [20]27, they add anywhere between 40-45 basis points to growth. And just to put things in perspective, our GDP growth estimate for the end of this year in 2026 is 1.8 percent. For 2027, it's 2.0 percent. So, it's an important part of that process. In terms of the labor market itself, the work that you have led, as well as the work that we've been doing – which is this question about adoption at the macro level, that's still fairly low. We look at the census data that tracks larger companies or mid-size companies on a monthly basis to say, ‘How much did you use AI tools in the last couple of weeks.' And that's been slowly increasing, but it's still sort of in the mid-teens in terms of how many companies have been using as a percentage. And so, we think that adoption should continue to increase. And as that does, for now, we think it is going to be a compliment to labor. Although there are some cohorts within sort of demographic cohorts in terms of ages that are probably going to be disproportionately impacted, but we don't think that that's a sort of near term 2026 story. Michelle Weaver:  Well, thank you all for joining us and please follow Thoughts on the Market wherever you listen to podcasts. Thank you to our panel participants for this engaging discussion and to our live and podcast audiences. Thanks for listening. If you enjoy Thoughts on the Market, please leave us a review wherever you listen and share the podcast with a friend or colleague today.

⬜ Welcome to Palvatar Market Recap, your go-to daily briefing on the latest market movements, global macro shifts, and crypto trends—powered by Raoul Pal's AI avatar, Palvatar ⬜ In today's update, Palvatar highlights inflation as the market's main focus ahead of the upcoming Fed meeting, with delayed PCE data likely adding early-session volatility. Softer U.S. jobless claims ease labor-market worries, while Germany's strong industrial orders and Japan's improving economic indices offer global optimism. India's rate cut supports growth, Netflix makes an $83B splash with Warner Bros., and BlackRock's bitcoin ETF faces a sixth week of outflows.

Well, if you didn't already know... Vogue's stay in the jungle came to an end this week, but if you saw any of it, you'll know she did amazingly well. Finally reunited (after a tearful phone call), Vogue & Joanne have a lot to discuss. What was it really like? Do cockroaches smell? Was it REALLY a pig's brain?? If you'd like to get in touch, you can send an email to hello@MTGMpod.comPlease review Global's Privacy Policy: https://global.com/legal/privacy-policy/For merch, tour dates and more visit: www.mytherapistghostedme.comJoanne's comedy gigs: www.joannemcnally.comThis episode contains explicit language and adult themes that may not be suitable for all listeners.

2 Corinthians 5-9

2 Corinthians 5-9

In this powerful inspirational and motivational episode, Reginald D sits down with Bishop Daniel Timotheos Yohannan, President of GFA World and one of today's most impactful global Christian leaders. Together they explore what God is doing across Africa, Asia, and the 10/40 window, how miracles still happen, and why millions are searching for hope in a world full of noise, overwhelm, and distraction.From water buffalo miracles, to prison conversions, to genocide-surviving nations rebuilding through faith, to young adults craving silence in a digital age, this episode delivers a deeply motivational speech-style conversation designed to ignite your purpose, strengthen your faith, and open your eyes to a world desperately needing the love of Christ.If you've been feeling spiritually dry, overwhelmed, unmotivated, or unsure of your purpose—this inspirational episode will remind you that God still speaks, still moves, and still leads one step at a time.This episode also speaks to people overwhelmed, overstimulated, and stretched thin by constant notifications, news cycles, and social pressure. In a world full of emotional exhaustion, loneliness, and distraction, many people—especially Gen Z—are searching for meaning, clarity, peace, purpose, and direction.Bishop Daniel reveals:Why quieting the noise is essential for spiritual strengthHow everyday believers can live with purpose and missionWhy God still performs miracles, even in the most difficult placesHow to overcome discouragement, burnout, and spiritual numbnessWhy your obedience—just one step at a time—still changes livesPress play now to experience one of the most inspirational and motivational conversations of the year—and ignite a renewed fire for your purpose, your faith, and your impact.GFA World Website: https://www.gfa.orgMotivational, motivational and inspirational, inspirational, motivational speech, GFA World, Christian, Asia, Africa, Global missions, missions. self improvement, God, faith, purpose, Gen Z, Christian leadersSend us a textSupport the showFor daily motivation and inspiration, subscribe and follow Real Talk With Reginald D on social media:Instagram: realtalkwithreginaldd TikTok: @realtalkregd Youtube: @realtalkwithreginald Facebook: realtalkwithreginaldd Twitter Real Talk With Reginald D (@realtalkRegD) / TwitterWebsite: Real Talk With Reginald D https://www.realtalkwithreginaldd.com Real Talk With Reginald D - Merchandise

Humanoid Global (CSE: ROBO | OTC: RBOHF | FRA: 0XM1) has committed to a strategic investment in HowToRobot, a company that aims to help address the challenges organizations face when adopting automation technologies.In this interview, Humanoid Global CEO Shahab Samimi and HowToRobot CEO Soren Peters discuss the strategic investment, key investment highlights for both companies, and insights on the robotics sector.Learn more: https://www.humanoidglobal.aiWatch the full YouTube interview here: https://youtu.be/uu6PndOD0PoAnd follow us to stay updated: https://www.youtube.com/@GlobalOneMedia

AI-driven investment, rising leverage and shifting market dynamics are reshaping the 2026 stock market outlook. As companies accelerate spending on data centers, chips and digital infrastructure, micro-level decisions are increasingly influencing the capital markets and broader economy.In this episode of The Bid, host Oscar Pulido speaks with Jean Boivin, Head of the BlackRock Investment Institute, about the major forces shaping the 2026 markets and investing landscape. Jean breaks down how AI-related capital expenditure is transforming growth patterns, why governments and companies may need to leverage up to finance large-scale projects, and how these trends interact with today's policy and market environment.They also explore the diversification mirage — the idea that in an economy driven by a few powerful megaforces, some strategies that appear diversified may actually be concentrated calls. Jean shares how this affects views on regional equity markets, fixed income trends and the evolving structure of global investing.

TODAY ON THE ROBERT SCOTT BELL SHOW: Jonathan Emord, ACIP Hepatitis B Decision, WHO Global Surveillance Plan, Trump Eyes Tax Ban, Illinois Grants Illegals Student Aid, Psychiatry Authors Fraud, AMA vs CDC, Glyphosate Study Retracted, ADHD Rates Rising, Ozempic Fails Dementia, Sanicula Aqua, Fart Science Surprise, and MORE! https://robertscottbell.com/jonathan-emord-acip-hepatitis-b-decision-who-global-surveillance-plan-trump-eyes-tax-overhaul-illinois-grants-illegals-student-aid-psychiatry-authors-conflict-people-trust-ama-over-cdc-glyphosa/https://boxcast.tv/view/jonathan-emord-acip-hepatitis-b-who-global-surveillance-trump-eyes-tax-ban-psychiatry-authors-fraud-ama-vs-cdc---the-rsb-show-12-4-25-jrj32hgzmqweobeqd37f Purpose and Character The use of copyrighted material on the website is for non-commercial, educational purposes, and is intended to provide benefit to the public through information, critique, teaching, scholarship, or research. Nature of Copyrighted Material Weensure that the copyrighted material used is for supplementary and illustrative purposes and that it contributes significantly to the user's understanding of the content in a non-detrimental way to the commercial value of the original content. Amount and Substantiality Our website uses only the necessary amount of copyrighted material to achieve the intended purpose and does not substitute for the original market of the copyrighted works. Effect on Market Value The use of copyrighted material on our website does not in any way diminish or affect the market value of the original work. We believe that our use constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the U.S. Copyright Law. If you believe that any content on the website violates your copyright, please contact us providing the necessary information, and we will take appropriate action to address your concern.

Hoje a conversa é sobre um daqueles momentos raros na nossa cultura: o cinema brasileiro está brilhando lá fora como nunca — Oscar, Cannes, Berlim — mas, aqui dentro, quem faz cinema continua preso num sistema lento, imprevisível e cheio de gargalos. Como é que a gente vive o melhor ano da nossa história… em cima de uma estrutura que ainda patina? Pra ajudar a entender esse paradoxo e olhar pro futuro, Carlos Merigo conversa com três pessoas que vivem essa indústria por ângulos diferentes: Paulo Barcellos, CEO da O2 Filmes; Igor Kupstas, diretor da O2 Play; e Bruno D'Angelo, fundador da WIP e especialista em narrativa para marcas e entretenimento. A ideia parece simples, mas tem muitas camadas: entender onde realmente estamos, por que chegamos até aqui e o que precisa mudar pra esse momento virar uma indústria sólida de verdade. 06:31 - Pauta 01:28:29 - QEAB -- PESQUISA E GERAÇÃO DE CONHECIMENTO POR UM FUTURO MAIS SUSTENTÁVEL O ITV desenvolve soluções baseadas na ciência para os desafios da sociedade, fortalecendo a bioeconomia amazônica, e contribuindo com novas possibilidades de futuro. Quer ver esse futuro acontecendo agora? Acesse itv.org e saiba mais. -- APOIO CERTO – HISTÓRIAS REAIS DE QUEM FAZ ACONTECER Uma série do Itaú Empresas em parceria com o Braincast e o g1. Assista em https://g1.globo.com/especiais-publicitarios/a/itau/alemdonegocio e veja como o conhecimento certo transforma negócios de verdade. -- ✳️ TORNE-SE MEMBRO DO B9 E GANHE BENEFÍCIOS: Braincast secreto; grupo de assinantes no Telegram; e episódios sem anúncios! https://www.youtube.com/channel/UCGNdGepMFVqPNgaCkNBdiLw/join --

1: WADE & KENZ - Dance To The Rhythm 2: KLARCK - Pretend3: EMPIRE OF THE SUN - Alive (Alok Remix) (Extended Mix)4: ANDJACK - Put Em Up (Extended Mix)5: DISCIP - Pull Up (Extended Mix)6: LA LA – Touch Me7: JAMES HYPE – Behaviour 8: BLR x AMBER REVIVAL – Flying High  LISTENERS' CHOICE8:         RALPH FRIDGE – Angel  10: OTTO KNOWS – Mom & Dad 11: PROK | FITCH, KATY ALEX - L.O.V.E. Love (Extended Mix)12: MILLERO, ALT CONTROL, SLOW MOTION - Dynamite [Extended Mix]13: REISS RUBEN – Game On TRIED & TESTED14: SAM ALFRED - Spaceman 15: ODYMEL – Love Bullets16: NOGE - Drop It Please17: RUNGE - Closer (Extended Mix)  GUEST SELECTION:  ARTENTO DIVINI  Artento Divini - Drip On (Extended) MasterIndecent Noise x Artento Divini - Right Here, Right Now (Extended Mix)  THE WARM UP SELECTION 18: JUSTIN JAY - R U Ready 19: PLASTICA – Best Friend20: ANTSS - Crew Love 21: LA LANI - Flying High (Extended Mix) THE MAINSTAGE MIX  22: DIVASI, PANCAKE & OLAV BASOSKI - Don't Turn Your Back (Extended Mix)23: MARCOS - Cosmic String (Alex M.O.R.P.H. Remix 2025) 24: KOSHEEN - Catch (Ferry Corsten 2025 Long Edit)25: ORJAN NILSEN - Viking (20 Year Anniversary Extended Mix)26: PAUL DENTON - PING (Extended Mix)27: DARREN PORTER – Colour Flash28: NOVAH - Acid29: CAMELPHAT, KOTIER & YELLOWITZ - Goddess (Extended Mix)

Psalms 124:1-8

Psalms 124:1-8

In this episode of the Real Estate Pros Pod, host Kristen interviews Lukasz Kownacki, owner of Forteca Estate, who shares his journey into real estate investing and property management. Lukasz discusses the appeal of short-term rentals, the challenges of working with family, and the importance of location and proper management in the real estate market. He also shares insights on future plans for Forteca Estate and offers valuable advice for aspiring investors.     Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true 'white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a "mini-mastermind" with Mike and his private clients on an upcoming "Retreat", either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas "Big H Ranch"? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

Peter Krauth, author of the book The Silver Bull and publisher of the Silver Stock Investor, weighs in on the recent price action in the silver and explains that the physical silver market remains very tight and more.

In this episode on The Coaching Podcast, I sit down with the brilliant Dr. Eve Meceda — a woman who truly lives and breathes “Educate. Inspire. Enable.” We dive into her powerhouse trio of focus areas: Growth Mindset, Habits, and Difficult Conversations. With 25+ years of global impact, over 1,800 talks, and a reputation for transforming how leaders think and behave, Eve brings the kind of wisdom that sparks real change. This convo is all about helping you stretch, elevate your daily habits, and lean into the tough moments that make you better. Enjoy, team — this one's gold. About Dr Eve Meceda Dr. Eve Meceda has spent the past 25+ years helping organizations around the world significantly improve both individual and organizational performance. Much of Dr. Meceda's current work with clients focuses on the development of a growth mindset, unlocking the power of sustainable habit change, and mastering difficult conversations. She has also partnered with Fortune 500 and Global 1000 organizations on issues such as leadership development, performance management, employee engagement, and the attraction and retention of high-potential employees. Dr. Meceda has received both the Vistage Speaker of the Year award and the Vistage Lifetime Achievement award. In the course of delivering more than 1,800 speaking engagements over the years, she has had the pleasure of working in eighteen countries on six continents … or seven if you include a recent chat with penguins in Antarctica. When she's not on the road working with clients, Dr. Meceda lives and works in the beautiful Boulder, Colorado area. Connect with Eve:Website: https://www.evemeceda.comLinkedIn: www.linkedin.com/in/dr-eve-meceda-7a72958

Dan 11:36-12:13, 1 John 4:1-21, Ps 123:1-4, Pr 29:2-4

MUSICA previously unreleased song from Scott Weiland is out today (Wednesday) to mark the 10th anniversary of his death. This must have been a real meet-cute: John Popper from Blues Traveler is married to a woman he stole from Ron Jeremy at a nudist camp. https://people.com/blues-traveler-john-popper-reveals-he-married-wife-sherri-last-year-20-years-after-meeting-at-a-nudist-colony-11861587 TV'Euphoria is arriving next spring! https://deadline.com/2024/12/euphoria-eseason-3-the-white-lotus-premiere-date-1236193255/ A federal judge has sentenced Dr. Salvador Plasencia to two and a half years in prison for distributing ketamine to actor Matthew Perry before his 2023 fatal overdose. The 44-year-old physician — known in court documents as “Dr. P” — pleaded guilty in July to four counts of illegal drug distribution.Court records show Plasencia supplied multiple vials to the Friends star and at times personally administered injections, even in a parked car, despite knowing the actor was vulnerable due to addiction.In handing down sentence, Judge Sherilyn Peace Garnett condemned the doctor's actions. “You and others helped Mr. Perry on the road to such an ending by continuing to feed his ketamine addiction,” she said. Lori Loughlin, fired from Hallmark Channel due to college admissions bribery scandal, returning to show When Calls the HeartLoughlin charged with paying $500,000 in bribes to get her daughters into USC as fake athletic recruits. https://www.the-independent.com/arts-entertainment/tv/news/lori-loughlin-when-calls-the-heart-return-college-scandal-b2877602.html It's official! Glen Powell and Chad Powers are returning for a second season! youtu.be/_nFZMD8FMM0?si=ugD_XzJYwh_uYQjm CBS executives are considering Hoda Kotb (COT-Bee) as a potential successor to Gayle King on a new show. https://www.realitytea.com/2025/12/03/hoda-kotb-replace-new-show-reason/ Casting for the U.K. version of “Saturday Night Live” is currently in progress, with candidates being asked to cast each sketch with a potential SNL guest host. https://variety.com/2025/tv/global/saturday-night-live-uk-casting-well-underway-sky-exec-1236598283/ MOVING ON INTO MOVIE NEWS:CM Punk has joined the cast of a Netflix rom-com based on the novel "The Bodyguard" by Katherine Center. https://deadline.com/2025/12/cm-punk-cast-netflix-film-the-bodyguard-1236634016/ AND FINALLYIn case you haven't seen it all over social media, Spotify dropped their annual Wrapped lists yesterday. Bad Bunny reclaimed his spot as the most-streamed artist in the world. He's also the first artist to win that title FOUR times. Here's are some Top 3 highlights from the Global and U.S. charts:Top Global Artists:1. Bad Bunny2. Taylor Swift3. The Weeknd Top Global Songs:1. "Die with a Smile", Lady Gaga and Bruno Mars2. "Birds of a Feather", Billie Eilish3. "APT.", ROSÉ and Bruno Mars Top Global Albums:1. "DeBÍ TiRAR MáS FOToS", Bad Bunny2. "KPop Demon Hunters" soundtrack3. "Hit Me Hard and Soft", Billie EilishTop U.S. Artists:1. Taylor Swift (This is her third year in a row.)2. Drake3. Morgan Wallen Top U.S. Albums:1. "I'm the Problem", Morgan Wallen2. "SOS Deluxe: Lana", SZA3. "DeBÍ TiRAR MáS FOToS", Bad Bunny Top U.S. Podcasts:1. "The Joe Rogan Experience"2. "This Past Weekend with Theo Von"3. "The Mel Robbins Podcast"4. "Call Her Daddy"5. "Crime Junkie" AND THAT IS YOUR CRAP ON CELEBRITIES!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Economic Signals from Europe: Falling Energy, Rising Copper, Data Center Demand — Simon Constable — Constable reports from southern France that global economic indicators remain mixed: European energy prices have declined due to weak industrial demand signaling economic sluggishness, while copper prices surge driven by "green transition" infrastructure development and energy-intensive AI data center construction. Constable documents that copper demand is projected to increase sixfold by 2050, creating critical supply gaps and incentivizing dangerous copper wire theft from derelict properties, while China controls limited domestic production but maintains substantial contract claims on South American reserves rendering supply chains geopolitically vulnerable. 1954

Live from the Morgan Stanley Global Consumer & Retail Conference in New York, our analysts discuss the latest macro trends and pressures impacting the U.S. consumer.Read more insights from Morgan Stanley.----- Transcript -----Michelle Weaver: Welcome to Thoughts on the Market. We're coming to you live from Morgan Stanley's Global Consumer and Retail Conference in New York City, where we have more than 120 leading companies in attendance. Today's episode is the first in a two-part special focused on the consumer where we'll focus on the K economy and the health of the U.S. Consumer. Tomorrow for the next episode, we'll turn our attention to AI. My colleagues and I are eager to dig into this discussion. With me on stage, we have Arunima Sinha from the Global and U.S. Economics team, Simeon Guttman, our U.S. Hardlines, Broad Lines, and Food Retail Analyst, and Megan Clap, U.S. Food Producers and Leisure Analyst.It's Thursday, December 4th at 10:00 AM in New York. So, to start, I want to go through the health of the consumer. That's of course been a theme that's been on display at the conference today. And 2025 has really been a year of mixed signals. But overall spending has held up while inflation has weighed on confidence, especially among lower- and middle-income households. Arunima, I want to start with you on the macro front as we head into year end. How would you describe the overall state of the consumer? What are you expecting in terms of real wage growth and spending? Arunima Sinha: If we'll just look at the rearview mirror in terms of Q1 through Q3, this year spending growth on a real basis has been holding up. So, in the first half of this year, about 1.5 percent on average. For the third quarter, given the data that we do now have in hand, we're tracking about 3 percent, quarter-on-quarter, on a real basis. But I think it is important to emphasize that this is already a step down than the numbers that we were seeing last year. So, in 2024 on these Q-on-Q numbers, we were running somewhere between 3.9-4 percent. So there already has been some slowdown. The recurring theme that we've had this year is how are the drivers of consumption going to weigh on different cohorts? And so, how is the labor market going away and how are wealth effects going to play out? And that, sort of, tied in squarely with the narrative that we've been emphasizing this whole year, which is that for the upper income cohorts, those net wealth effects have been very, very supportive. $50 trillion in net wealth that's been created just over the last three years. And that has continued for this year as well. And so, meanwhile the labor market has downshifted and that's had a read through into both just nominal wage growth as well as real wage growth. So, for example, on a three-month, three-month basis, that real wage growth, after we've adjusted for the nominal for inflation, has slowed down essentially to stall speed. It used to run, somewhere between 2-2.5 percent, in the first part of this year. And that we think is going to have a read through as we go into this upcoming quarter of Q4, as well as in the first quarter of next year. So just this lagged effect from the slowdown on labor market income is going to weigh; continue to weigh on the middle-income and sort of the upper-, lower- part of the income cohort. So, in terms of our growth forecasts for spending, over this quarter in Q4 and over next quarter in Q1, we are expecting about 1 percent real growth for consumption. That is a two-percentage point step down from where we were in Q3. And then just in terms of disposable income, we're also thinking this particular quarter in Q4 is going to be fairly weak. Michelle Weaver: You spoke a little bit about the different income cohorts there, but I want to double click on that. The K economy has been a really persistent theme as higher income households have benefited from strong market returns. But higher price levels have weighed on lower-income households. What are your expectations for the high versus low-income consumer next year? Arunima Sinha: So next year, we do think that there could be some broadening out in consumption growth. Just overall we have a sequential step up in growth that begins to take place, starting in the second quarter of [20]26. So, we have consumption growth that starts to slowly inch up from about just under 1 percent in the first quarter of [20]26 – all the way up to about 2 percent by the end of the year. What that's going to be driven by, we think that there are going to be some lessening of pressures on the middle-income cohorts. And where is that going to come from? It's going to come from perhaps a still moderate labor market. So, we're not – we don't think we're going to be seeing these big 100,000-150,000 plus jobs being added every month. We're thinking maybe about 60,000 on average per month, for most of next year. But just less policy uncertainty, some boost from the fiscal bill, the fact that monetary policy is going to be heading towards neutral. All of those things should be supportive. Given that the upper-income didn't really slow down this year, we'd also don't think there's going to be a giant acceleration next year. And so, some of that uptick in consumption growth, we think could actually come from the middle-income. And we also think that some of those tariff pressures on inflation are going to start to dissipate after peaking in the first quarter next year. Michelle Weaver: And Simeon, I want to bring the company side into the conversation. What's the early read you've gotten on Black Friday? Expectations into the shopping season were pretty weak. Do you think things could turn out to be better than feared? And are you seeing any differences by income cohort there? Simeon Gutman: The overall take is, it's mixed – to maybe slightly a little worse. I'll answer it in a few different ways. First, the old-fashioned tire kicking that the retail analysts have done during the holiday season. In our hard line, broad line, food retail space mixed to slightly a little worse. In Alex Straton's softline world sounded a little bit better. And then if we combine the takeaways that we've had from companies, at least who presented yesterday, Walmart, Target and some other category killer retailers, it sounded about inline. Underlying trend is relatively stable.I sat on a panel earlier today, with a data aggregator who suggested that the holiday was a little underwhelming. What we don't see; and the underwhelming being at a minus 2 percent run rate for the – I guess, the November to date period, that doesn't include Cyber Monday. What this doesn't account for is the market share shifts. So, one of the ongoing themes across the entire retail landscape has been this big, getting bigger – we say it a lot – but the narrowing funnel of market share. So, the inline updates are probably coming from some of the largest companies, even if the overall holiday was a little underwhelming. Now inline is not anything to write home about. It's harder to get to an inline holiday if you started out below. So inline's okay but not gangbusters. That's probably the right way to characterize it. Michelle Weaver: Megan, same question to you. How is holiday shopping tracking in your space? Have you learned anything surprising about holiday during the conference? Megan Clap: Yeah, I would agree with Simeon relatively inline. I'd say kind of so far so good is what we heard from companies at the conference. We had both Mattel and Shark Ninja product companies that sell into many of the larger retailers that are winning that – that Simeon talked about.Holiday matters a lot for both of them. So, we're still many weeks ahead of us in terms of POS, but Mattel talked about positive POS continuing through the Black Friday season. They left their guidance unchanged today. They're seeing replenishment from their retailers and orders in line with expectations, which was a question just given some of the uncertainty in the landscape. Shark Ninja sells small appliances. They spoke to a strong Black Friday – again, seeing the fourth quarter and holiday play out in line with their expectations. Maybe a couple themes that stood out and one of them was particularly interesting to me. You talked about the K economy, I think, you know, it was very clear the higher end consumer continues to spend and outperform. Value and innovation continue to be things that consumers are looking for. Online seem to do better than in stores. That's what we heard from a lot of companies coming out of last week. And then newer channels like TikTok Shop are coming into the mix and, and brands are seeing, you know, strong growth from those channels as well. Michelle Weaver: And Arunima, I want to wrap this section on Fed policy. How do you expect Fed policy in 2026 to influence consumer spending and recovery, especially for those middle- and lower-income households? Arunima Sinha: We still have the Fed on an easing path into the first half of 2026. So we think 75 basis points and additional policy cuts into next year. But that more or less just takes monetary policy to some estimate of neutral. So, the point is that it's not monetary policy's becoming easier, it is simply just getting too neutral. And so, if we think about the most interest sensitive types of consumption, it's going to come from Housing and it's going to come from Durables. And what our housing strategists are thinking is that given this sort of front end of the curve, our tenure forecast for the middle of next year is still at about 3.75. And so, mortgage rates could dip below 6 percent. So, it's not the front end of the curve. It is that sort of belly of the curve there that's important there. And so there could be some pickup in housing that's going to be important. I think for the middle-income consumer affordability, we think it's still going to be an important concern for housing, but perhaps the middle-income could benefit from some of those lower mortgage rates that are going to come in. Michelle Weaver: ​ Arunima, Simeon, and Megan, thanks for all your insights. And to our live and podcast audiences, thanks for listening. If you enjoy Thoughts on the Market, please leave us a review wherever you listen to the show and share the podcast with a friend or colleague today.