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Kevin Hincks, reporting from the Cboe Global Markets, breaks down the latest snapshot of the labor market with this week's jobless claims. He adds commentary on International Trade in Goods and Services as well as the Philly Fed Manufacturing Index. Kevin has his eyes on the commodity space, with crude oil on his radar amid ongoing tensions in the Middle East. He believes the energy markets should continue to be watched closely as crude oil has risen more than 5% this week.======== 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
AP's Lisa Dwyer reports on the trade gap for 2025.
Auctions and the Consumption of Second-Hand Goods in Georgian England (Bloomsbury, 2026) by Dr. Sara Pennell & Professor Jon Stobart provides the first comprehensive examination of household auctions as the key mechanism for recirculating household goods through the 18th and early 19th century. Dr. Pennell and Dr. Stobart contextualise and historicise the importance of used goods to consumer choices, experiences and identities. They tell the stories of the people and things, as well as the broader processes, practices and attitudes that were bound up in the commercial recirculation of used goods through auctions.Auctions and the Consumption of Used Goods in Georgian England rebalances the historiography of second-hand consumption – currently dominated by used clothing and the sale of books, art and antiques – and brings second-hand into the mainstream of household consumption. It also explodes the twin myths that second-hand was the last resort of the poor and that it declined rapidly as Britain industrialised and the supply of new consumer goods increased. The book demonstrates that consumer motivations were far more complex than simple financial necessity and household auctions did not fade to the margins; they remained an important part of how households acquired a wide variety of goods and fulfilled a variety of consumer needs. This interview was conducted by Dr. Miranda Melcher whose book focuses on post-conflict military integration, understanding treaty negotiation and implementation in civil war contexts, with qualitative analysis of the Angolan and Mozambican civil wars. You can find Miranda's interviews on New Books with Miranda Melcher, wherever you get your podcasts. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
The CBP Base Metals Center just revised its guidance to address the treatment of U.S. metals. Still, importers must carefully consider whether their goods qualify for U.S. origin to potentially avoid Section 232 and IEEPA tariffs altogether.
What does it take to build one of the most powerful real estate companies in the world?In this episode of the Matthews Mentality Podcast, Hamid Moghadam — Co-Founder and Executive Chairman of Prologis — shares how he went from immigrating to the United States as a teenager to leading the world's largest logistics real estate company.Under Hamid's leadership, Prologis grew into a global powerhouse spanning nearly 1.3 billion square feet across 20 countries, with an estimated 3% of global GDP flowing through its facilities annually We discuss:How Prologis became the largest logistics real estate company in the worldThe 42-year journey from startup to S&P 100 CEOSurviving the Savings & Loan crisis and the 2008 Global Financial CrisisTime Stamps:00:00 112 Earnings Calls & the Habit That Built a Career: Responsiveness00:55 Meet Hamid Moghadam & Prologis: The Logistics Real Estate Giant03:18 Why Vegas? Transitioning from CEO to Executive Chairman04:46 Industrial Real Estate 101: What Really Happens Inside Warehouses07:28 Growing Up in Pre-Revolution Iran & Early Education Abroad12:16 MIT at 16, Stanford MBA, and the Revolution That Changed Everything15:08 Starting Over in America: Loss, Rejection, and Landing the First Job20:58 Founding AMB: Bootstrapping, Early Deals, and Building a Reputation25:37 Why Industrial Won: Funds, Cycles, and the Road to Going Public33:30 IPO Reality Check & Leadership Lessons: Work-Life Balance to ‘Enduring Excellence'43:06 Three Phases of Leadership: Paranoia, ‘Scared & Not in Control,' and What Comes Next46:38 Stage 3 Growth: Building a Real Management Structure47:13 Betting on E‑Commerce: Exiting Retail & Doubling Down on Logistics49:39 Surviving the GFC: Stock Crashes, Leverage Shock & Raising Equity53:27 The Prologis Merger: The Phone Call, Fast LOI & Analyst Doubts55:30 Napa Dinner Secrecy: The Awkward Investor Encounter57:56 Hardest CEO Moment: 2008 Layoffs and Hypergrowth Whiplash59:53 CEO Reality Check: Bad News, Imperfect Info & Personnel Calls01:01:19 Culture as the Moat: Survivor Bias, Team Accountability & Consistency01:03:24 Merging Cultures: Values First, Then Structure (AMBs vs Prologis)01:06:20 Biggest Leadership Mistake: Backing the Wrong Leader Too Long01:08:13 Stepping Down After 42.5 Years: What He'll Miss (and Won't)01:12:19 The Responsiveness Habit: Email, Respect & No Out‑of‑Office01:14:23 Work, Family & Partners: Weekends, a Great Spouse, and Co‑Founders01:17:26 Advice for Entrepreneurs: Find White Space in a More Efficient Market01:19:11 Next Frontier: Data/AI in Real Estate—A ‘Bloomberg of Goods'01:22:17 How to Build a Portfolio Today: Supply Constraints & Fortress Locations01:24:21 Closing Thoughts: Social Media, Mentoring Limits & Final Thanks
Guest:
Auctions and the Consumption of Second-Hand Goods in Georgian England (Bloomsbury, 2026) by Dr. Sara Pennell & Professor Jon Stobart provides the first comprehensive examination of household auctions as the key mechanism for recirculating household goods through the 18th and early 19th century. Dr. Pennell and Dr. Stobart contextualise and historicise the importance of used goods to consumer choices, experiences and identities. They tell the stories of the people and things, as well as the broader processes, practices and attitudes that were bound up in the commercial recirculation of used goods through auctions.Auctions and the Consumption of Used Goods in Georgian England rebalances the historiography of second-hand consumption – currently dominated by used clothing and the sale of books, art and antiques – and brings second-hand into the mainstream of household consumption. It also explodes the twin myths that second-hand was the last resort of the poor and that it declined rapidly as Britain industrialised and the supply of new consumer goods increased. The book demonstrates that consumer motivations were far more complex than simple financial necessity and household auctions did not fade to the margins; they remained an important part of how households acquired a wide variety of goods and fulfilled a variety of consumer needs. This interview was conducted by Dr. Miranda Melcher whose book focuses on post-conflict military integration, understanding treaty negotiation and implementation in civil war contexts, with qualitative analysis of the Angolan and Mozambican civil wars. You can find Miranda's interviews on New Books with Miranda Melcher, wherever you get your podcasts. Learn more about your ad choices. Visit megaphone.fm/adchoices
Auctions and the Consumption of Second-Hand Goods in Georgian England (Bloomsbury, 2026) by Dr. Sara Pennell & Professor Jon Stobart provides the first comprehensive examination of household auctions as the key mechanism for recirculating household goods through the 18th and early 19th century. Dr. Pennell and Dr. Stobart contextualise and historicise the importance of used goods to consumer choices, experiences and identities. They tell the stories of the people and things, as well as the broader processes, practices and attitudes that were bound up in the commercial recirculation of used goods through auctions.Auctions and the Consumption of Used Goods in Georgian England rebalances the historiography of second-hand consumption – currently dominated by used clothing and the sale of books, art and antiques – and brings second-hand into the mainstream of household consumption. It also explodes the twin myths that second-hand was the last resort of the poor and that it declined rapidly as Britain industrialised and the supply of new consumer goods increased. The book demonstrates that consumer motivations were far more complex than simple financial necessity and household auctions did not fade to the margins; they remained an important part of how households acquired a wide variety of goods and fulfilled a variety of consumer needs. This interview was conducted by Dr. Miranda Melcher whose book focuses on post-conflict military integration, understanding treaty negotiation and implementation in civil war contexts, with qualitative analysis of the Angolan and Mozambican civil wars. You can find Miranda's interviews on New Books with Miranda Melcher, wherever you get your podcasts. Learn more about your ad choices. Visit megaphone.fm/adchoices
Guest: John Tamny. Tamny explains Adam Smith's division of labor using the iPhone as an example, arguing that money exists solely to circulate goods and requires stability.
In this episode, Rivers and Carter are joined at Disgraceland Studios by TWO of our all-time favorite guests, comedians Joe Kaye and Kelly McInerney! We kick this one off by chatting about "The Big Game" and, more importantly, the halftime show from Bad Bunny and the other halftime show by Kid Rock. Then, we chug a tangerine-flavored energy drink made by the Mexican juice company Jumex. That leads us down a weird rabbit hole into the wacky world of performance art. REO Speedwagon's "Take it on the Run" is our JAM OF THE WEEK! Tune in now, folks! Follow Joe on social media @JoeCharles Kaye. Follow Kelly on social media @KellyMcInerney Follow the show on social media @TheGoodsPod. Rivers is @RiversLangley Sam is @SlamHarter Carter is @Carter_Glascock Subscribe on Patreon for the UNCUT video version of this episode as well as TONS of bonus content! http://patreon.com/TheGoodsPod Pick up a Goods from the Woods t-shirt here: http://prowrestlingtees.com/TheGoodsPod
It's not often that a friend of yours becomes the producer of Doctor Who... but that's exactly what happened with Derek Ritchie. From his days in the Glasgow Doctor Who group, to overseeing episodes of Peter Capaldi's Doctor, working on Class, Wizards vs Aliens, working with Idris Elba, and a host of other shows, Derek Ritchie joins us on the Power of 3. And stand by for some fantastic new facts!
Welcome and thanks for tuning in to this Tuesday edition of RealAg Radio with your host Shaun Haney. Happy Canada's Ag Day! On today's show, Haney is joined by: Chris Davison of the Canola Council of Canada and Chris Vervaet of Bjornson and Associates on 45z and how Canadian canola will be treated in U.S.... Read More
A Danish app born out of Donald Trump's Greenland rhetoric is turning everyday grocery shopping into a quiet act of protest. As shoppers scan products to see where their money really goes, technology, politics and consumer choice collide, revealing how global tensions can play out not in parliaments or protests, but in supermarket aisles.
Welcome and thanks for tuning in to this Tuesday edition of RealAg Radio with your host Shaun Haney. Happy Canada's Ag Day! On today's show, Haney is joined by: Chris Davison of the Canola Council of Canada and Chris Vervaet of Bjornson and Associates on 45z and how Canadian canola will be treated in U.S.... Read More
Esta semana Luis Fercán es el protagonista con su nuevo trabajo. Cuando escasamente lleva unos días en las tiendas firma nuestro disco de la semana con su emocionante mezcla de canción de autor e indie-folk. Además la actualidad del pop nacional nos trae lo nuevo de Nacho Vegas, Maronda, Los Vinagres, Celia es Celiaca, Mujeres, Primero Café, Banani, Ruben Nasville, Bianca Castafiore, El Vecino de la Luna, Venus Astra, Elena Carat, Elem, Pipiolas y DJ Moderno. En nuestro repaso a la actualidad foránea escuchamos a Don't Believe in Ghosts, The Flints, Siri Neel, Lala Lala, Tobias Zaldua, Willine, The Would-be-Goods, Young the Giant, Dorian Graves, Andy Plews, Néomí, Luca Fogale y Manchester Orchestra. Además te hablamos de las inminentes giras de Miles Kane y The Primitives, de los que recuperamos uno de sus grandes éxitos de los 80 para celebrar sus 40 años de carrera.
A Danish app born out of Donald Trump's Greenland rhetoric is turning everyday grocery shopping into a quiet act of protest. As shoppers scan products to see where their money really goes, technology, politics and consumer choice collide, revealing how global tensions can play out not in parliaments or protests, but in supermarket aisles.
It's like eBay - but run by the Canadian government. The GC Surplus site sells everything from ATVs used by the military to Air Jordan sneakers confiscated at the border. Robyn Bresnahan gets a tour of the Ottawa warehouse - where she discovers the most gobsmacking item of all.
In this episode, Rivers anf Sam welcome comedian Aedan Danehy to Disgraceland Studios for a helluva good time! We kick this one off with TWO K-Pop-themed Red Bulls from Thailand. Then, we go through the story of the worst lottery winners in history, including the infamous "Lotto Lout" from the UK, teenage fortune squanderer Michael Carroll. Eric Church's "Record Year" is our JAM OF THE WEEK! Listen now, y'all Follow Aedan on Instagram @Aedan333 and on Twitch @ItsMeAedan Follow the show on social media @TheGoodsPod. Rivers is @RiversLangley Sam is @SlamHarter Carter is @Carter_Glascock Subscribe on Patreon for the UNCUT video version of this episode as well as TONS of bonus content! http://patreon.com/TheGoodsPod Pick up a Goods from the Woods t-shirt here: http://prowrestlingtees.com/TheGoodsPod
L'économie mauricienne : la production locale et exportation des « value added goods » by TOPFM MAURITIUS
Kaci reached out to us regarding a cake dilemma she's facing! She made a cake and wishes to bring it home, but does she need to leave it with the host of the party? What steps should she take? We welcome your calls and comments on this matter.The fun continues on our social media pages!Jeremy, Katy & Josh Facebook: CLICK HERE Jeremy, Katy & Josh Instagram: CLICK HERE
D&P Highlight: The cost of goods continues to climb. Is it sustainable? full 417 Wed, 04 Feb 2026 19:57:00 +0000 piJwcGSIQXGWhXgMYUF09Rz9P7hH7Cri news The Dana & Parks Podcast news D&P Highlight: The cost of goods continues to climb. Is it sustainable? You wanted it... Now here it is! Listen to each hour of the Dana & Parks Show whenever and wherever you want! © 2025 Audacy, Inc. News False https://player.amperw
AP Washington correspondent Sagar Meghani reports on President Trump's plan to reduce tariffs on India.
Title: Guard The GoodsSpeaker: Riley ManzoScripture: 1 Timothy 1:18-20
This week, we address a broad set of developments shaping the macro landscape: Japan's government bond strains, the weakening dollar, the state of the housing market, rising inflation risks, a fall in the consumer savings rate, and the key takeaways from the January FOMC press conference. We also revisit the latest GDP report, highlighting a notable anomaly - an outsized contribution from gold exports in the third quarter - that we argued was unlikely to persist. That view was promptly borne out. This morning's release of the Census Bureau's International Trade in Goods and Services for November showed a sharp decline in gold exports and a widening trade deficit. As in prior episodes, our outlook for the economy and equity markets remains firmly negative.
Dan O'Brien, Chief Economist at the Institute of International and European Affairs, reacts to the trade deal agreed between the European Union and India
Dan and Brian count down their top 10 movie endings, with the proviso that 5 of them must be movies they've discussed on The Goods and 5 of them must be movies they have not discussed previously. Join this joyous (spoilery) celebration of our favorite finales in cinema. Also check out Part 1 of this discussion, a review of The Usual Suspects. Dan's movie reviews: http://thegoodsreviews.com/ Subscribe, join the Discord, and find us on Letterboxd: http://thegoodsfilmpodcast.com/
As Keir Starmer touches down in Beijing – does the UK face a choice between a “golden age” or an “ice age” with its relationship with China?Sam and Anne assess:Will the Prime Minister have to pick a side between President Xi or President Trump?How will he present himself on the trip, pragmatist or optimist?Will alleged spying and hacking by the Chinese make a difference?Should Sir Keir be globetrotting whilst domestic issues pile up?Back in blighty, Sam has been on the ground in Manchester gathering reaction to the upcoming by election in Gorton and Denton – as some of the campaigns got started
In this episode, the Goods from the Woods Boys are THRILLED to welcome back to the show our ol' pal, comedian Robert Yasumura. We kick this one off by talking about some hilarious old-timey patent medicines from a website called "The Quack Doctor". Then, we try a modern day ungodly concoction, Alani-Nu's new "Cherry Bomb" flavor. We talk about the weird life and ignominious death of Dilbert creator and all-time curmudgeon, Scott Adams. Mungo Jerry's "In the Summertime" is our JAM OF THE WEEK! Give us a listen, folks. Robert is not on social media. Follow the show on social media @TheGoodsPod. Rivers is @RiversLangley Sam is @SlamHarter Carter is @Carter_Glascock Subscribe on Patreon for the UNCUT video version of this episode as well as TONS of bonus content! http://patreon.com/TheGoodsPod Pick up a Goods from the Woods t-shirt here: http://prowrestlingtees.com/TheGoodsPod
AP correspondent Ben Thomas reports President Trump is again threatening tariffs.
Premium Cars, Wines, Fashion Goods to Become Cheaper with EU Trade Deal. Meanwhile, Trump Cries Hard
On today's podcast:1) President Trump indicated he’ll make changes to his administration’s deportation crackdown in Minnesota after the killing of two US citizens during immigration raids sparked nationwide uproar. The president said he was sending US border czar Tom Homan — who is seen as relatively measured compared to rivals, including Homeland Security Secretary Kristi Noem — to Minneapolis in a bid to deescalate tensions. Trump also spoke with top Democratic officials in the state. He told Governor Tim Walz, who he has derided as “grossly incompetent,” that he would consider independent investigations into the shootings and reducing the number of federal agents in his state. The president described a subsequent conversation with Jacob Frey as “very good” and said Homan planned to meet with the Minneapolis mayor on Tuesday “in order to continue the discussion.”2) Prime Minister Keir Starmer said the UK wouldn’t have to choose between the US and China, as he heralded “significant opportunities” for British businesses ahead of his trip to Beijing this week. In an interview with Bloomberg on Monday, Starmer dismissed questions about whether he was seeking stronger ties with China at the expense of the UK’s relationship with its closest allies. Starmer’s trip to China — the first by a British prime minister in eight years — comes on the heels of a similar delegation by Canadian counterpart Mark Carney that drew fresh tariff threats from President Trump. 3) President Trump threatened to hike tariffs on goods imported from South Korea to 25%, citing what he said was the failure of the country’s legislature to codify the trade deal the two nations reached last year. Trump in a social media post on Monday said the new rate would apply to autos, lumber, pharmaceutical products and “all other Reciprocal TARIFFS.” Under the existing agreement, the president set a 15% levy on South Korean exports. If implemented, the move could have wide-ranging effects on major South Korean companies that export to the US, such as Hyundai Motor Co., which sent 1.1 million vehicles to America in 2024. See omnystudio.com/listener for privacy information.
We put the spotlight on Oakland's Dandy Boy Records, featuring Ryli, Joel Cusumano, and The Goods. Plus we spin new dance floor cuts from Alexis Taylor, some indie pop from Scotland's The Just Joans and a wayback track from Juliana Hatfield
This is another wild one. Ben joins us and the conversation quickly goes from fish sex, to Abe's big event in Sendai, to a Japanese tradition called "Setsu-Bun". We enjoy some delicious snacks from Taiwan and Japanese craft beer thanks to some very generous listeners!❤️❤️Abe's 10-year podcast anniversary goods!https://www.55freebird.com/shop10-year podcast anniversary (GoGoエイブ会話) event in Sendaihttps://www.55freebird.com/events Free Bird English: Teacher Talk (Socials)X: @FBEteachertalkInstagram55freebird.com (Abe's Website: Lessons, Events, & Goods) FBE Teacher Talk YouTube ChannelGoGoエイブ会話 Podcast (Apple)GoGoエイブ会話 Podcast (Spotify)GoGoプロジェクト#EnglishLearning #EnglishPodcast #LearnEnglish #ESL #EFL #EnglishListeningPractice #EnglishForBeginners #SlowEnglish #英語学習 #StudyEnglish #PodcastForESL
#683: Candy now — or a toy later? You slide play money across the table and let your kid choose. That moment kicks off this episode, where Dr. Stephen Day joins us to talk about building a “mini economy” at home. Dr. Day is the director of the Center for Economic Education at Virginia Commonwealth University. He also holds a PhD in social studies and economics curriculum and instruction. His work looks at how kids form money habits long before they deal with real paychecks, budgets, or credit cards. We break down how a mini economy actually works. Kids have job titles tied to age-appropriate chores. They earn play money. They spend it at a small household store set up on the kitchen table. The store might sell candy, small toys, or privileges like extra screen time. Parents set the prices. Kids decide whether to spend right away or save for something bigger. You hear how this plays out inside Day's own house. A three-year-old takes on the role of “zookeeper,” feeding the cat and picking up stuffed animals. A seven-year-old creates a weekly plan that alternates spending and saving, using patterns she learns at school. A five-year-old chooses to donate part of his earnings instead of spending anything. The system stays the same. The choices vary by kid. The conversation moves through childhood stage by stage. Early years center on routine, structure, and basic trade-offs. Elementary school becomes the key period for practice, when habits and norms take shape. Middle and high school bring longer planning timelines, more independence, and deeper conversations about work, contribution, and goals. We also dig into questions parents ask all the time. Should kids get paid for chores, or should chores come with living in the house? Day explains how families can separate family work, paid jobs, and service work so kids understand why they are doing each task. Clear categories help avoid confusion about motivation and responsibility. Busy schedules come up, too. Sports practices, travel, school events, and late workdays often knock chore systems off track. Day explains how vague expectations create conflict and why job titles and defined duties bring structure even during chaotic weeks. Throughout the episode, the focus stays on practice, not lectures. Kids do not learn money by hearing explanations. They learn by earning, choosing, saving, spending, and living with trade-offs — all inside a system small enough to fit on a kitchen table. Resource: EconEdLink, a CEE program https://econedlink.org Timestamps: Note: Timestamps will vary on individual listening devices based on dynamic advertising run times. The provided timestamps are approximate and may be several minutes off due to changing ad lengths. (00:00) Intro (02:00) Teaching kids money (03:59) Mini economy basics (06:20) Money skills by stages (10:41) Starting at age three (12:02) Cat job example (16:08) Goods versus privileges (17:27) Bugging versus choices (18:11) Paying for chores (20:22) Family job service (24:56) Busy weeks and chores (33:21) Low-consumption kid example (39:17) Shared jobs and teamwork (43:34) Exchange rate to dollars (1:00:28) Investing, 529, compound interest Learn more about your ad choices. Visit podcastchoices.com/adchoices
Send us a textIn this conversation, Brian Grete discusses the significant export sales activity for agricultural commodities, particularly focusing on corn and soybeans. He highlights the impact of USDA reports on market prices and the subsequent surge in sales, especially from global end users. The conversation also delves into China's role in soybean purchases and the implications for future trade agreements and market dynamics.Stay Connectedhttps://www.commstock.com/https://www.facebook.com/CommStockInvestments/https://www.youtube.com/channel/UClP8BeFK278ZJ05NNoFk5Fghttps://www.linkedin.com/company/commstock-investments/
Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger PictureThe world is continually paying the [CB]s more and more of their hard earned labor. In Germany the people are taxed 42%, almost half of their income. Fed inflation indicator reports no inflation, Truinflation reports inflation is at 1.2%.BoA and Citibank are in talks to offer 10% credit card. Trump says US will the crypto capital of the world. Globalism/[CB] system has failed, the power will return to the people. The patriots are sending a message, DOJ 2.0 is not like DOJ 1.0, same with the FBI, you commit a crime you will be arrested. The message is clear, the protection from these agencies are gone. Bondi arrest the Church rioters. Trump’s message at DAVOS is clear, the [DS] power and agenda is no more. Trump is now in control and the world will begin to move in a different direction, either you are on board or you will be left behind. The power belongs to the people. Economy https://twitter.com/WallStreetMav/status/2014289396112011443?s=20 (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Fed’s Favorite Inflation Indicator Refuses To Show Any Signs Of Runaway ‘Trump Tariff’ Costs The Fed’s favorite inflation indicator – Core PCE – rose 0.2% MoM (as expected), which leave it up 2.8% YoY (as expected), slightly lower than September’s +2.9%… Bear in mind that this morning’s third look at Q3 GDP printed a +2.9% YoY for Core PCE. Under the hood, the biggest driver of Core PCE remains Services costs – not tariff-driven Goods prices… In fact, on a MoM basis, Non-durable goods prices saw deflation for the second month in a row… Source: zerohedge.com https://twitter.com/truflation/status/2014322072286302619?s=20 – Food – mostly Eggs – Household durables – particularly housekeeping supplies – Alcohol & tobacco – mostly alcoholic beverages Our number is derived by aggregating millions of real-time price data points every day to calculate a year-over-year CPI % rate. It is comparable but not identical to the survey-based official headline inflation released monthly by the BLS, which was 2.7% for December. Bank Of America, Citigroup May Launch Credit Cards With 10% Rate Two weeks after Trump shocked the world by demanding lenders cap credit card interest rates at 10% for one year, Bank of America and Citigroup are exploring options to do just that in an attempt to placate the president. Bloomberg reports that both banks are mulling offering cards with a 10% rate cap as one potential solution. Earlier this week, Trump said he would ask Congress to implement the proposal, giving the financial firms more clarity about what exact path he's pursuing. Bank executives have repeatedly decried the uniform cap, saying it'll cause lenders to have to pull credit lines for consumers. Source: zerohedge.com Trump sues JPMorgan Chase and CEO Jamie Dimon for $5B over alleged ‘political’ debanking The lawsuit claims JPMorgan’s decision ‘came about as a result of political and social motivations’ to ‘distance itself’ Trump and his ‘conservative political views’ President Donald Trump is suing JPMorgan Chase and its CEO Jamie Dimon in a $5 billion lawsuit filed Thursday, accusing the financial institution of debanking him for political reasons. The president's attorney, Alejandro Brito, filed the lawsuit Thursday morning in Florida state court in Miami on behalf of the president and several of his hospitality companies. “ Source: foxnews.com https://twitter.com/RapidResponse47/status/2013984082640658888?s=20 WEF Finance/Banking Panel – If Independent National Economies Continue Rising, Global Trade Drops and We Lose Control Globalism in its economic construct is a series of dependencies. If those dependencies are severed, if each country has the ability to feed, produce and innovate independently, then the entire dependency model around globalism collapses. Within the globalism model that was historically created there was a group of people, western nations, banks, finance and various government leaders, who controlled the organization and rules of the trade dependencies. The action being taken for self-sufficiency, in combination with the approach promoted by President Trump that each nation state should generate their own needs, then the rules-based order that has existed for global trade will collapse. If nations are no longer dependent, they become sovereign – able to exist without the need for support from other nations and systems. If nations are indeed sovereign, then globalism is no longer needed and a threat of the unknown rises. How will nations engage with each other if there is no governing body of western elites to make the rules for engagement? The need for control is a reaction to fear, and it is the fear of self-reliance that permeates the elitist class within the control structures. If each nation of the world is operating according to its individual best interests, the position of Donald Trump, then what happens to the governing elite who set up the system of interdependencies. This is the core of their fear. If each nation can suddenly grow tea, what happens to the East India Tea Company. Who then sets the price for the tea, and worse still an entire distribution system (ships, ports, exchanges, banks, etc.) becomes functionally obsolescent. Source: theconservativetreehouse.com Political/Rights TWO-TIERED JUSTICE: Conservative Journalist Kaitlin Bennett Charged and Fined for Interviewing Democrats in Public — While Don Lemon Storms Churches With Zero Consequences The United States now operates under a blatantly two-tiered justice system, where conservative journalists are criminally charged for speech in public spaces, while left-wing media figures face zero consequences for harassing Americans and disrupting religious services. Conservative journalist Kaitlin Bennett revealed this week that she was charged with a federal crime and fined by the National Park Service in St. Augustine for the so-called offense of asking Democrats questions on public property. According to Bennett, federal agents targeted her while she was conducting on-the-street interviews, a form of journalism protected by the First Amendment. Despite being on public land, Bennett says she was cited and punished simply for engaging in political speech that the Left finds inconvenient. Bennett addressed the incident directly in a post on X, writing: https://twitter.com/KaitMarieox/status/2014174254799958148?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2014174254799958148%7Ctwgr%5Ef4a6650cd0c60d38edfea018c5665c2cc2fe5199%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.thegatewaypundit.com%2F2026%2F01%2Ftwo-tier-justice-conservative-journalist-kaitlin-bennett-charged%2F When asked by another local journalist exactly what “lawful order” Bennett had disobeyed, the ranger reportedly could not provide a straight answer. WATCH: Source: thegatewaypundit.com https://twitter.com/DHSgov/status/2014322865848406370?s=20 Alexander Conejo Arias, fled on foot—abandoning his child. For the child's safety, one of our ICE officers remained with the child while the other officers apprehended Conejo Arias. Parents are asked if they want to be removed with their children, or ICE will place the children with a safe person the parent designates. This is consistent with past administration's immigration enforcement. Parents can take control of their departure and receive a free flight and $2,600 with the CBP Home app. By using the CBP Home app illegal aliens reserve the chance to come back the right legal way. https://twitter.com/DHSgov/status/2014049440911303019?s=20 inflicting corporal injury on a spouse or cohabitant. An immigration judge issued him a final order of removal in 2019. In a dangerous attempt to evade arrest, this criminal illegal alien weaponized his vehicle and rammed law enforcement. Fearing for his life and safety, an agent fired defensive shots. The criminal illegal alien was not hit and attempted to flee on foot. He was successfully apprehended by law enforcement. The illegal alien was not injured, but a CBP officer was injured. These dangerous attempts to evade arrest have surged since sanctuary politicians, including Governor Newsom, have encouraged illegal aliens to evade arrest and provided guides advising illegal aliens how to recognize ICE, block entry, and defy arrest. Our officers are now facing a 3,200% increase in vehicle attacks. This situation is evolving, and more information is forthcoming. https://twitter.com/nicksortor/status/2014063905413177637?s=20 CNN Panelist Issues Retraction and Apology After Going Too Far in On-Air Trump Attack footage of CNN's “Newsnight with Abby Phillip” was posted to social media platform X featuring 25-year-old leftist activist Cameron Kasky alongside panel mainstay Scott Jennings. A moment between the two went viral when Kasky casually declared that President Donald Trump had been involved in an international sex trafficking ring. Jennings wasn't going to let that remark go unchallenged by host John Berman. The topic of conversation had been Trump's interest in Greenland and the Nobel Peace Prize, but Kasky threw in a jab at Trump with an allusion to the president's relationship with the late sex offender Jeffrey Epstein — an allusion Kasky's now trying to walk back. “I would love it if he was more transparent about the human sex trafficking network that he was a part of, but you can't win 'em all,” he blurted out. https://twitter.com/overton_news/status/2013455047288377517?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2013455047288377517%7Ctwgr%5E20edbbd712c7076d1aafdac2d1e39d7eb8307263%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.thegatewaypundit.com%2F2026%2F01%2Fcnn-panelist-issues-retraction-apology-going-far-air%2F Berman asked Jennings a follow-up question about Greenland, but instead of addressing that, Jennings circled back to Kasky's remark. “You're gonna let that sit?” Jennings asked Berman. “Are we going to claim here on CNN that the president is part of a global sex trafficking ring or …?” After assuring Jennings that he would do the fact-checking, Berman asked Kasky to repeat what he'd said about the global sex-trafficking ring. “That Donald Trump was … probably … very involved with it,” the arrogant young man replied, with perhaps a touch less confidence. To Berman's credit, and the CNN legal team's, he immediately said, “Donald Trump has never been charged with any crimes in relation to Jeffrey Epstein.” https://twitter.com/camkasky/status/2013760245298864477?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2013760245298864477%7Ctwgr%5E20edbbd712c7076d1aafdac2d1e39d7eb8307263%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.thegatewaypundit.com%2F2026%2F01%2Fcnn-panelist-issues-retraction-apology-going-far-air%2F Source: thegatewaypundit.com https://twitter.com/ElectionWiz/status/2014189561002291385?s=20 DOGE Geopolitical https://twitter.com/brentdsadler/status/2014311942119137584?s=20 important as these agreements cover the entirety of the Chagos group of islands/features. Critical as future third party presence in those areas proximate Diego Garcia could in practical terms render those U.S. military facilities operationally impractical (ie useless). The current deal under consideration in the UK parliament in a rushed vote as soon as 2 February is ill advised. And it likely would break the decades long understanding with the U.S. government. See: Active U.S. treaties: https://state.gov/wp-content/uploads/2025/08/Treaties-in-Force-2025-FINAL.pdf 1966 Foundational Understanding: https://treaties.un.org/doc/Publication/UNTS/Volume%20603/volume-603-I-8737-English.pdf 1972 Understanding regarding new facilities on Diego Garcia: https://treaties.un.org/doc/Publication/UNTS/Volume%20866/volume-866-I-8737-English.pdf 1976 Understanding and concurrence on new communications facilities on Diego Garcia and references as foundational the 1966 Understanding: https://treaties.fcdo.gov.uk/data/Library2/pdf/1976-TS0019.pdf?utm_source https://twitter.com/HansMahncke/status/2014150131247874267?s=20 The EU-Mercosur deal is a major free trade agreement between the European Union and the Mercosur bloc (Argentina, Brazil, Paraguay, and Uruguay). Negotiated for over 25 years, it aims to create one of the world’s largest free trade zones, covering more than 700 million people and reducing tariffs on goods like cars, machinery, pharmaceuticals, and agricultural products. It includes commitments on sustainability, labor rights, and environmental protections, but critics argue these are insufficient to address issues like Amazon deforestation and unfair competition for European farmers. The agreement was politically finalized in 2019 but faced delays due to environmental concerns and opposition from countries like France and Austria. It was formally signed on January 17, 2026, after EU member states (with a qualified majority, despite opposition from five countries including France) greenlit it on January 9. The Stupidity of Davos Explained Using an Example of Their Own Creation China is manufacturing a product to create a carbon credit certificate in response to the demand for carbon credits from all the world auto-makers. Any nation that has a penalty or fine attached to their climate goals is a customer. Those are nations with fines or quotas associated with the production of gasoline powered engines if the auto company doesn't hit the legislated target for sales of electric vehicles. In essence, EU/AU/CA/RU/ASEAN car companies buy Chinese car company carbon credits, to avoid the EU/AU/CA/RU/ASEAN fines. The Chinese then use the carbon credit revenue to subsidize even lower priced Chinese EVs to the EU/AU/CA/RU/ASEAN car markets, thereby undercutting the EU/AU/CA/RU/ASEAN car companies that also produce EVs. China brilliantly exploits the ridiculous pontificating climate scam and has an interest in perpetuating -even emphasizing- the need for the EU/AU/RU/ASEAN countries to keep pushing their climate agenda. China even goes so far as to fund alarmism research about climate change because they are making money selling carbon credit certificates on the back end of the scam to the western fear mongers. This is friggin' brilliant. The climate change alarmists are helping China's economy by pushing ever escalating fear of climate change. You just cannot make this stuff up. What does the outcome look like? Well, in this example we see hundreds of thousands of unsold BYDs piling up in countries that emphasize climate regulations with no restrictions on the import of EVs (which most don't even manufacture), which is almost every country. Big Panda doesn't care about the car itself; they care about generating the carbon credit certificate to sell in the various carbon exchanges. Put this context to the recent announcement by Canadian Prime Minister Mark Carney about his new trade deal with China to accept 49,000 EVs this year. Prime Minister Carney bragged about getting the Chinese to agree to only super low prices for the Canadian market. Mark Carney was very proud of his accomplishment to get much lower priced vehicles for Canadian EV purchasers. No doubt Big Panda left the room laughing as soon as Carney made his grand announcement. 1. China sells EV's in Canada, creating credits available on the carbon exchange scheme. Europe et al will purchase the carbon credits because Bussels has fines against EU car companies. 2. With a foothold already established in Europe, China will then take the money generated by the carbon credit purchases and lower the prices of the Chinese EV cars sold in Canada. It's gets funnier. 3. Carney bragged about forcing China to only sell low price EV's as part of the trade agreement. The low price of the EV's in Canada will be subsidized by Europe. China doesn't pay or lose a dime. But wait…. 4. Carney can't do anything about the scheme he has just enmeshed Canada into, because Canada has a Carbon Credit exchange in law.
In this episode, Rivers and Carter are back in Los Angeles for the first pod of 2026! We're joined on mic three for this one by our ol' pal, filmmaker and comedian Seth Pomeroy. We kick this one off by chugging a Polish Monster Energy Drink. Then we check in on some Cameos from the sixteen-time World Heavyweight Champion, Ric Flair. Killswitch Engage's "The End of Heartache" is our JAM OF THE WEEK! Give us a listen, cuh. Follow Seth on all forms of social media @SethPomeroy Follow the show on social media @TheGoodsPod. Rivers is @RiversLangley Sam is @SlamHarter Carter is @Carter_Glascock Subscribe on Patreon for the UNCUT video version of this episode as well as TONS of bonus content! http://patreon.com/TheGoodsPod Pick up a Goods from the Woods t-shirt here: http://prowrestlingtees.com/TheGoodsPod
NFL Divisional Round, The Natty, and some Curling just for fun - Episode #918
Hosts Dan Barrett and Simon Foster were both very happy with what they saw this week, with big recommendations for 28 Years Later & The Rip... what impressed them so much? You'll have to hit play.But, it isn't all sunshine and thumbs up. The guys have a big disagreement on Star Trek: Starfleet Academy.There's also some chatter on People We Meet on Vacation, Hamnet, and season one of The X-Files.
In this episode, the Goods from the Woods Boys welcome comedian Sal Calanni to Disgraceland Studios for a grand ol' time. We start by paying homage to the late great Grateful Dead co-founder, Bob Weir. From there, we talk about some of the amusing flops at the recent Consumer Electronics Show. We give the new AriZZona Rizzler-flavored fruit drink a try. Rivers shares the story of the cartoonishly-evil 19th century San Francisco industrialist, Charles Crocker, and his 40-foot high "spite fence". We close it out by reading some weird comments left on Billy Joel's "Uptown Girl" music video on YouTube. This one is a ton of fun and we can't wait for you to hear it! Tune in now, y'all! Follow Sal Calanni on social media @SalCalanni and check out his new special "Mental Spillness" on his YouTube channel here: https://www.youtube.com/salcalanni Follow the show on social media @TheGoodsPod. Rivers is @RiversLangley Sam is @SlamHarter Carter is @Carter_Glascock Subscribe on Patreon for UNCUT video versions of the podcast as well as TONS of bonus content! http://patreon.com/TheGoodsPod Pick up a Goods from the Woods t-shirt here: http://prowrestlingtees.com/TheGoodsPod
The Goods send off 2025 with an epic and somewhat discursive look at the history of Dr. Seuss's How the Grinch Stole Christmas, starting with the beloved book by the influential children's author, through the animated classic by Chuck Jones, through the Ron Howard/Jim Carrey adaptation of our childhood, and through the Illumination retelling from a few years ago. Join as they discuss what makes Seuss so special and distinct, the elegant exuberance of the original animated special, the unhinged and sexually charged "ugly Christmas sweater" energy of the 2000 film, the baffling "anodyne" choices of the recent film, and everyone's favorite Christmas character, Fred the reindeer. Lastly, Will shares two Christmas surprises with Dan and Brian to make sure their hearts grow three sizes this winter. Dan's movie reviews: http://thegoodsreviews.com/ Subscribe, join the Discord, and find us on Letterboxd: http://thegoodsfilmpodcast.com/
Frank Blake sits down with Goodwill Industries CEO Steve Preston and truck driver Michael West to discuss the organization's "second chance" mission. From running adult high schools in prisons to providing career paths for those overcoming addiction and incarceration, this is the story of how a 125-year-old mission is still changing lives today. In this episode, we discuss: The surprising scale of Goodwill: 650 job centers and 50 adult high schools. Michael West's personal journey from addiction and incarceration to homeownership. Why Steve Preston left the C-suite and the Cabinet to lead a "difficult-to-hire" mission. The "Edgar Helms" philosophy: Turning charity into a chance. How employers can unlock a massive, untapped labor pool. Chapters: [01:38] The Personal Mission: Steve Preston on transitioning from HUD Secretary to Goodwill CEO. [06:02] A Missionary in Boston: The 125-year history of Edgar Helms and the birth of Goodwill. [12:22] From Processor to Driver: Michael West shares his path from community service to a career in trucking. [16:55] A Goodwill Wedding: The community and family culture within the organization. [21:33] The Untapped Labor Pool: Why employers should look "beyond the label" of past incarceration. [26:52] The Future of Work: How AI and tech-skills training are reaching low-wage workers. [31:33] The "Internet Trash" Problem: Steve addresses the common false narratives about the organization. We invite you to share your feedback about this show with us on social media. We're @crazygoodturns on all of the platforms. Don't forget to subscribe or follow us on the podcast service of your choice. If you already subscribe, we'd really appreciate a 5-star review: https://podcasts.apple.com/us/podcast/crazy-good-turns/id1137217687 We appreciate your listening and sharing our episodes. Thank you!
Amid an intense trade dispute with the US, China has started looking to other markets to sell its low value items. In recent months, Chinese e-commerce companies like Shein and Temu have started homing in on Europe. But the pivot has been met with resistance by many in Europe. WSJ's Chelsey Dulaney reports on the evolving China-Europe trade dynamic. Ryan Knutson hosts. Further Listening: - China and the U.S. Are in a Race for AI Supremacy - Is Trump Winning His Trade War? Sign up for WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
What a great conversation I had with Kathryn Norris, owner of the Mentone Market. Kathryn and her husband have owned this iconic, one stop shop for 7 years now. Since taking ownership, they have made several changes that makes the Mentone Market one of a kind. What passer-byers think is a standard grocery store is actually your one stop shop to your next meal or unique hand crafted gift. Listen to hear more about Kathryn, her background, and more about the Mentone Market. Learn more about the Mentone Market through their links below. Instagram FacebookWebsiteSupport the showAs always thank you for listening to the podcast! My website is the BEST place to purchase your next itinerary or concierge guide, shop my links, or listen to more episodes of Indulge & Explore. Don't forget to follow along with me on Instagram for great travel content!Leave a review and in the meantime keep indulging and exploring!
In this episode, Rivers is back in his hometown of Auburn, Alabama, cuttin' it up with some of the finest folks East Alabama has to offer in the "Squalor Parlour." Joining him are Auburn legend Miles Bugg, comedian Nick Morgan-Moore, and community organizer extraordinaire Warren Tidwell. We start by chugging the new Liquid Death energy drink. From there, Miles and Rivers share a wild tale involving an old friend's eyebrow-raising proposal tied to a Russian love bot website. We share some of our best-ofs for 2025, and about the most underrated villain of the year: FBI Director Kash Patel. Kash was recently on a podcast with his girlfriend talking about Uber Eats and Netflix, when he was supposed to be out looking for a triple murderer. We talk a bit about a new use for J.D. Vance's memoir and "Riders on the Storm" by The Doors is our JAM OF THE WEEK! Give us a listen, folks! Happy New Year. Follow Miles Bugg on Instagram @BioBugg Follow Nick Morgan-Moore on Instagram @NickWMM Follow Warren Tidwell on Instagram @FireByFriction and support the Alabama Center for Rural Organizing and Systemic Solutions here: https://www.ACROSSAlabama.org Follow the show on social media @TheGoodsPod. Rivers is @RiversLangley Sam is @SlamHarter Carter is @Carter_Glascock Subscribe on Patreon for the UNCUT video version of this episode as well as TONS of bonus content! http://patreon.com/TheGoodsPod Pick up a Goods from the Woods t-shirt here: http://prowrestlingtees.com/TheGoodsPod
TT#71 kicks off with Luke Pearsall from Trail Goods Company, who shares insights into the challenges and successes of producing freeze-dried meals for hunters. Luke discusses the importance of creating meals that are both delicious and practical for backcountry adventures, bringing the comfort of home-cooked food to the wilderness, enhancing the overall experience for hunters. Next, Brad Brooks from Argali Clothing Project talks about the launch of their new technical clothing line, designed specifically for Western hunters. Brad emphasizes the need for high-quality, functional clothing that meets the demands of serious outdoor activities and shares the meticulous process behind developing their products. Finally, Dioni Amuchasti from Deadfall Designs introduces the Guardian chest plate, an innovative product designed to enhance the functionality of binocular harnesses by allowing users to mount a holster for easy access to their firearm. Talk then shifts towards the other Rokslide.com gear reviews and a recap of the latest Western news. Trail Goods Company-https://trailgoods.co/ Build a Freeze-dried meal- Rokslide thread Argali Clothing Project-https://argalioutdoors.com/pages/argali-clothing-project Join in the discussion-https://rokslide.com/forums/threads/the-argali-clothing-project.418073/ Deadfall Designs Guardian chest plate-https://sandsarchery.com/products/guardian-chest-plate Howl for Wildlife- Take Action Check out Rokslide's 2024 Best Gear- https://www.rokslide.com/best-gear-of-2024-rokslide-edition/ Visit Rokslide's Rokcast Forum to submit questions, request a topic or give feedback. To be a guest on Tipsy Tuesday please send an email to Sam@Rokslide.com [ Rokcast is powered by onX Hunt. For 20% off, use Promo Code “Rokcast” at onX Hunt here https://www.onxmaps.com/hunt/app
Original Release Date: November 19, 2025Our CIO and Chief U.S. Equity Strategist Mike Wilson explains why he continues to hold on to an out-of-consensus view of a growth positive 2026, despite near-term risks.Read more insights from Morgan Stanley.----- Transcript -----Welcome to Thoughts on the Market. I'm Mike Wilson, Morgan Stanley's CIO and Chief U.S. Equity Strategist. Today I'll discuss our outlook for 2026 that we published earlier this week. It's Wednesday, Nov 19th at 6:30 am in New York. So, let's get after it. 2026 is a continuation of the story we have been telling for the past year. Looking back to a year ago, our U.S. equity outlook was for a challenging first half, followed by a strong second half. At the time of publication, this was an out of consensus stance. Many expected a strong first half, as President Trump took office for his second term. And then a more challenging second half due to the return of inflation. We based our differentiated view on the notion that policy sequencing in the new Trump administration would intentionally be growth negative to start. We likened the strategy to a new CEO choosing to ‘kitchen sink' the results in an effort to clear the decks for a new growth positive strategy. We thought that transition would come around mid-year. The U.S. economy had much less slack when President Trump took office the second time, compared to the first time he came into office. And this was the main reason we thought it was likely to be sequenced differently. Earnings revisions breadth and other cyclical indicators were also in a phase of deceleration at the end of 2024. In contrast, at the beginning of 2017—when we were out of consensus bullish—earnings revisions breadth and many cyclical gauges were starting to reaccelerate after the manufacturing and commodity downturn of 2015/2016. Looking back on this year, this cadence of policy sequencing did broadly play out—it just happened faster and more dramatically than we expected. Our views on the policy front still appear to be out of consensus. Many industry watchers are questioning whether policies enacted this year will ultimately lead to better growth going forward, especially for the average stock. From our perspective, the policy choices being made are growth positive for 2026 and are largely in line with our ‘run it hot' thesis. There's another factor embedded in our more constructive take. April marked the end of a rolling recession that began three years prior. The final stages were a recession in government thanks to DOGE, a rate of change trough in expectations around AI CapEx growth and trade policy, and a recession in consumer services that is still ongoing. In short, we believe a new bull market and rolling recovery began in April which means it's still early days, and not obvious—especially for many lagging parts of the economy and market. That is the opportunity. The missing ingredient for the typical broadening in stock performance that happens in a new business cycle is rate cuts. Normally, the Fed would have cut rates more in this type of weakening labor market. But due to the imbalances and distortions of the COVID cycle, we think the Fed is later than normal in easing policy, and that has held back the full rotation toward early cycle winners. Ironically, the government shutdown has weakened the economy further, but has also delayed Fed action due to the lack of labor data releases. This is a near-term risk to our bullish 12-month forecasts should delays in the data continue, or lagging labor releases do not corroborate the recent weakness in non-govt-related jobs data. In our view, this type of labor market weakness coupled with the administration's desire to ‘run it hot' means that, ultimately, the Fed is likely to deliver more dovish policy than the market currently expects. It's really just a question of timing. But that is a near-term risk for equity markets and why many stocks have been weaker recently. In short, we believe a new bull market began in April with the end of a rolling recession and bear market. Remember the S&P [500] was down 20 percent and the average S&P stock was down more than 30 percent into April. This narrative remains underappreciated, and we think there is significant upside in earnings over the next year as the recovery broadens and operating leverage returns with better volumes and pricing in many parts of the economy. Our forecasts reflect this upside to earnings which is another reason why many stocks are not as expensive as they appear despite our acknowledgement that some areas of the market may appear somewhat frothy. For the S&P 500, our 12-month target is now 7800 which assumes 17 percent earnings growth next year and a very modest contraction in valuation from today's levels. Our favorite sectors include Financials, Industrials, and Healthcare. We are also upgrading Consumer Discretionary to overweight and prefer Goods over Services for the first time since 2021. Another relative trade we like is Software over Semiconductors given the extreme relative underperformance of that pair and positioning at this point. Finally, we like small caps over large for the first time since March 2021, as the early cycle broadening in earnings combined with a more accommodative Fed provides the backdrop we have been patiently waiting for. We hope you enjoy our detailed report published earlier this week and find it helpful as you navigate a changing marketplace on many levels. Thanks for tuning in. Let us know what you think by leaving us a review. And if you find Thoughts on the Market worthwhile, tell a friend or colleague to try it out!
What does it really mean to speak of "socialism with Chinese characteristics"? Is it simply a matter of policy and political economy, or does it require grappling with thousands of years of civilizational history, philosophy, and culture? In this episode, Breht is joined by Zhao, the mind behind Goods for the People and author of Chinese Characteristics of Socialism: Civilizational Factors in CPC Governance to explore a bold and provocative argument: that while class struggle and material conditions must remain primary, China's socialist path cannot be understood without its deep Confucian, Daoist, and Buddhist inheritance. From Yu the Great's flood control and the origins of infrastructural legitimacy, to the Mandate of Heaven, Da Tong, and the tributary system, we examine how ancient ideas of harmony, moral legitimacy, and collective responsibility continue to shape contemporary Chinese governance and foreign policy. This is a wide-ranging conversation for Marxists, socialists, and anti-imperialists interested in China beyond caricature, reductionism, and Cold War myths -- one that asks how history, philosophy, and material struggle converge in the making of a socialist future, and what China's trajectory might mean for the global path toward communism. Other episodes mentioned in this episode: Check out our 7 hour episode on the last 250 years of Chinese History HERE Check out our episode on Italy's Years of Lead HERE Check out our episode on the German Revolution HERE Check out our episode on the Spanish Civil War HERE ---------------------------------------------------- Support Rev Left and get access to bonus episodes: www.patreon.com/revleftradio Make a one-time donation to Rev Left at BuyMeACoffee.com/revleftradio Follow, Subscribe, & Learn more about Rev Left Radio https://revleftradio.com/
A.M. Edition for Dec. 18. WSJ reporter Chelsey Dulaney says the redirection of China's export machine caused by a U.S. crackdown on low-value imports is one of the most dramatic examples of how President Trump's trade war has rewired global trade. Plus, Trump uses a prime-time address to announce tariff-funded dividends for troops. And Warner Bros. Discovery demands a stronger personal guarantee from Larry Ellison in Paramount Skydance's $77.9 billion takeover bid. Luke Vargas hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices