POPULARITY
Categories
313 episodes with Hedge
171 episodes with Hedge
208 episodes with Hedge
192 episodes with Hedge
104 episodes with Hedge
62 episodes with Hedge
50 episodes with Hedge
36 episodes with Hedge
54 episodes with Hedge
46 episodes with Hedge
55 episodes with Hedge
23 episodes with Hedge
36 episodes with Hedge
20 episodes with Hedge
59 episodes with Hedge
18 episodes with Hedge
9 episodes with Hedge
11 episodes with Hedge
11 episodes with Hedge
9 episodes with Hedge
9 episodes with Hedge
12 episodes with Hedge
6 episodes with Hedge
9 episodes with Hedge
12 episodes with Hedge
7 episodes with Hedge
6 episodes with Hedge
10 episodes with Hedge
5 episodes with Hedge
8 episodes with Hedge
23 episodes with Hedge
18 episodes with Hedge
8 episodes with Hedge
6 episodes with Hedge
9 episodes with Hedge
6 episodes with Hedge
5 episodes with Hedge
15 episodes with Hedge
6 episodes with Hedge
5 episodes with Hedge
7 episodes with Hedge
9 episodes with Hedge
4 episodes with Hedge
5 episodes with Hedge
6 episodes with Hedge
15 episodes with Hedge
7 episodes with Hedge
9 episodes with Hedge
4 episodes with Hedge
5 episodes with Hedge
5 episodes with Hedge
4 episodes with Hedge
5 episodes with Hedge
5 episodes with Hedge
8 episodes with Hedge
12 episodes with Hedge
4 episodes with Hedge
4 episodes with Hedge
4 episodes with Hedge
5 episodes with Hedge
4 episodes with Hedge
7 episodes with Hedge
4 episodes with Hedge
13 episodes with Hedge
4 episodes with Hedge
5 episodes with Hedge
6 episodes with Hedge
6 episodes with Hedge
14 episodes with Hedge
7 episodes with Hedge
3 episodes with Hedge
4 episodes with Hedge
4 episodes with Hedge
4 episodes with Hedge
4 episodes with Hedge
9 episodes with Hedge
4 episodes with Hedge
5 episodes with Hedge
4 episodes with Hedge
7 episodes with Hedge
4 episodes with Hedge
3 episodes with Hedge
5 episodes with Hedge
13 episodes with Hedge
4 episodes with Hedge
5 episodes with Hedge
3 episodes with Hedge
3 episodes with Hedge
3 episodes with Hedge
3 episodes with Hedge
3 episodes with Hedge
5 episodes with Hedge
4 episodes with Hedge
4 episodes with Hedge
7 episodes with Hedge
3 episodes with Hedge
4 episodes with Hedge
6 episodes with Hedge
3 episodes with Hedge
3 episodes with Hedge
8 episodes with Hedge
6 episodes with Hedge
6 episodes with Hedge
4 episodes with Hedge
3 episodes with Hedge
2 episodes with Hedge
9 episodes with Hedge
4 episodes with Hedge
3 episodes with Hedge
2 episodes with Hedge
6 episodes with Hedge
5 episodes with Hedge
4 episodes with Hedge
75 episodes with Hedge
5 episodes with Hedge
3 episodes with Hedge
6 episodes with Hedge
4 episodes with Hedge
4 episodes with Hedge
14 episodes with Hedge
2 episodes with Hedge
4 episodes with Hedge
2 episodes with Hedge
2 episodes with Hedge
2 episodes with Hedge
6 episodes with Hedge
3 episodes with Hedge
3 episodes with Hedge
8 episodes with Hedge
2 episodes with Hedge
2 episodes with Hedge
3 episodes with Hedge
4 episodes with Hedge
2 episodes with Hedge
5 episodes with Hedge
Half of the team from "Over the Hedge" made this comic strip about a family dealing with the stresses of modern life and it got made into the most mid-00s sitcom ever. From Canada. We finally found a sitcom husband worse than Irving!
This week we talk about money policies, yield curves, and government bonds.We also discuss the Fed, the Treasury Department, and a WWII accord between them.Recommended Book: Paved Paradise by Henry GrabarTranscriptIn April of 1942, a few months after the United States entered World War 2, the US Treasury Department asked the Federal Reserve to help it borrow a truly staggering amount of money, and as cheaply as possible. The Fed agreed, committing itself to holding short-term Treasury bill rates at three-eighths of 1%, while also capping the yield on long-term government bonds at 2.5%.This was a type of yield curve control. Rather than allowing the market to decide how much interest the government would pay, the Fed decided that price and promised to enforce it.That helped finance the war, because the Treasury knew its borrowing costs wouldn't spiral out of control at a moment when it needed to spend unprecedented sums on ships, planes, weapons, soldiers, and all the other machinery of an ongoing global conflict.The downside was that the Fed lost control of an important monetary policy lever.Bond prices and yields move in opposite directions, so keeping yields below a certain level meant the Fed had to stand ready to buy bonds whenever their prices dropped. It couldn't decide in advance how many it would buy, or how much money it would create in the process. The market would thus forth decide that, instead.Consequently, the Fed became, in some ways, an extension of the Treasury's debt-management operation, its inflation-related responsibilities made secondary to the government's need for cheap financing.That arrangement persisted after the war ended, despite the return of inflation, and President Harry Truman's administration pushed to maintain it during the Korean War, as well.Fed officials resisted, though, with inflation running at more than 8%, and after a very public, very contentious standoff, on March 4, 1951, the Treasury and the Fed announced that they had reached what became known as the Treasury-Fed Accord.That agreement did not make the Fed independent all at once, but it established the principle underlying the modern relationship between these institutions: the Treasury manages government borrowing, while the Fed sets monetary policy based on inflation and employment, not on how much that policy costs the government.The market, in other words, would once again be allowed to decide the price of long-term US debt.What I'd like to talk about today is what happens when that price goes up, what's pushing long-term US borrowing costs toward levels we haven't seen in decades, and why two people appointed by the same president are pulling in opposite directions on this issue.—The Federal Reserve's primary interest-rate lever is the federal funds rate, which is the overnight rate banks charge each other to borrow money. The Fed currently targets a range of 3.5 to 3.75 percent for that rate, and while it has other tools, this is the number people are usually talking about when they say the Fed raised, cut, or held rates.The Fed does not directly set the yield on 10- or 30-year Treasuries, though.Those securities are sold at auction and then traded in a huge secondary market, and their yields reflect a combination of what investors expect inflation to look like, where they think short-term rates will go over the life of the bond, and what's called the term premium.The term premium is basically extra compensation for uncertainty. If you lock up your money for 30 years instead of rolling over short-term debt, you accept the risk that inflation, growth, government policy, and other variables will change in ways that make your bond less valuable over that thirty year period. The more uncertain the future seems, the more compensation you're likely to demand.And again, when demand for a bond falls, its price falls and its yield rises. When we say yields are rising, that means borrowers have to offer investors, the people and institutions giving them the money they want to borrow, more money, more interest, to convince them to buy those bonds.That doesn't only affect the government. The 10-year Treasury serves as something like a reference rate for the entire economy, influencing mortgages, business loans, and the value of long-lived assets.As of September 3 of 2026, the average US 30-year fixed mortgage rate was 6.71%, up from 6.5% a year earlier. That increase is the result of yield increases in the bond market.Long-term Treasury yields have been climbing for much of 2026, and that climb accelerated over the summer.The 30-year yield reached about 5.31 percent on August 17, its highest level since 2007. A few days earlier, the Treasury sold 30-year bonds at a yield of 5.216%, the highest borrowing cost at one of those auctions since 2001.The 10-year yield briefly hit about 4.81% this past week, its highest level since early 2025, and ended Friday at about 4.78%. The two-year yield, which tends to track expectations about contemporary Fed policy more closely, ended at about 4.37%.There isn't one clean cut reason for these yield bumps. Instead, there are a bunch of forces pushing in roughly the same direction.The first is government borrowing. The Congressional Budget Office now expects a roughly 2.1 trillion dollar federal deficit this fiscal year, which is 200 billion dollars more than it projected in February. Covering that gap means issuing more debt, and more supply generally means the Treasury has to offer a better return to attract enough buyers.The second is competition from corporations, especially technology companies borrowing to build AI infrastructure and data centers.The Dallas Fed estimates that AI-related investment-grade bond issuance—these companies borrowing money, in the form of bonds, to help build more data centers and other AI-enabling stuff—could total around $300 billion this year, creating long-duration debt equivalent to about an eighth of what the Treasury is expected to issue. Some of the companies selling this debt have extremely strong balance sheets and high credit ratings, so investors who want safe-ish, long-term bonds suddenly have a lot more options, and the US government has to compete with that for a finite pool of investor resources.Third, oil prices have surged following renewed strikes and attacks around the Strait of Hormuz, with US benchmark prices recently climbing above $90 a barrel. More expensive energy can goose inflation across the economy, which makes locking in a fixed return for 10 or 30 years less appealing, because those yields might not keep up with the practical devaluation of the dollar.Fourth, that aforementioned term premium has risen as investors ask to be paid more for uncertainty related to inflation, deficits, geopolitics, and future Treasury issuance.And fifth, the pool of buyers is changing. Foreign investors still own trillions of dollars in Treasuries, but private foreign demand for notes and bonds fell sharply in June, even as corporate bonds attracted more of that finite sum of money.A big shift we seem to be seeing here is that some investors seem to be judging Treasuries less as a bet on the next Fed meeting, and more as a long-term bet on whether the US political system can manage its finances. And that shift is showing up at an awkward moment for the two institutions involved in the 1951 Accord.Kevin Warsh, who became Fed chair in May, used his August 28 speech at Jackson Hole to say that although inflation expectations remain anchored, the Fed still has work to do if underlying inflation is not moving toward its target quickly enough.Markets read that as a warning that a rate hike could be coming, and the unexpectedly strong August jobs report reinforced that interpretation: employers added 162,000 jobs, far more than economists anticipated, while estimates for June and July were revised upward.The Treasury Department, meanwhile, is moving in the opposite direction.On August 19, Treasury Secretary Scott Bessent announced that the government would at least double the size of its long-term bond buybacks, from a maximum of 2 billion dollars to at least 4 billion dollars per operation, beginning September 9 and continuing through November 4.The stated purpose is to improve liquidity, buying older, less frequently traded 10- to 30-year securities. But buying long-term bonds also reduces the supply available to investors, boosting prices and putting downward pressure on yields, which is why Bessent has referred to the approach as a “Treasury twist.”The scale is small in the context of a $40 trillion national debt, and analysts have described it as more signal than substance. It is nonetheless a striking signal: one Trump appointee is telling markets that higher short-term rates may be necessary to control inflation, while another is using the Treasury's balance sheet to push long-term rates in the other direction.These jobs, which again, were separated in 1951, are working against each other. And this matters, first, because long-term government debt is the foundation upon which a lot of other prices are built.When a 30-year Treasury yields more than 5%, companies refinancing debt have to pay more, commercial real estate becomes harder to finance, mortgages become more expensive, and investors have less reason to pay extremely high prices for stocks based on profits those companies might earn many years from now.It also matters because interest on the federal debt has become one of the government's largest expenses. Gross interest expense reached about $1.17 trillion during the first ten months of fiscal 2026, up about 15% from the same period last year. The somewhat narrower CBO measure of net interest reached $963 billion over that span, roughly level with Medicare spending and greater than defense spending.This creates a potentially self-reinforcing loop: higher yields increase the cost of servicing the debt, higher interest costs expand the deficit, larger deficits require more borrowing, and more borrowing can put further upward pressure on yields.Economists use the term fiscal dominance to describe the point at which government financing needs start to constrain monetary policy, pushing the central bank to keep rates lower than it otherwise would, or to buy government debt, even if doing so undermines its effort to control inflation.The US is not necessarily at that point, but this is exactly the kind of pressure the 1951 Accord was meant to prevent.As with everything government money-related, there's also a global dimension to this shift.For decades, Japanese banks, insurers, pension funds, and other institutions bought foreign bonds in part because yields at home were so low. On September 1, though, Japan's 10-year government bond yield touched 3% for the first time since 1996.Japan's government has more debt relative to the size of its economy than any other wealthy country, and it assumed a 3% long-term rate when calculating debt-service costs for its current budget. Rising above that level would strain its finances, but those higher yields also give Japanese investors more reason to keep their money at home.That doesn't mean Japanese institutions will dump all their Treasuries. Currency-hedging costs and the specific needs of different investors complicate that calculation. But when a major source of relatively steady demand becomes more price-sensitive, the marginal buyer of US debt has to be paid more to invest.Finally, the Treasury market itself has become somewhat more fragile.The amount of debt in circulation has grown far faster than the balance sheets of the dealers that traditionally absorb buying and selling. Hedge funds have filled some of that gap using highly leveraged strategies, including something called the cash-futures basis trade.Fed researchers estimate that these positions reached about $830 billion by September 2025, representing 35% of hedge funds' long Treasury exposure. These trades can provide useful liquidity when markets are calm, but because they rely on enormous amounts of borrowed money to capture tiny price differences, they can also unwind pretty quickly when volatility spikes.That sort of unwind contributed to the Treasury-market seizure in March of 2020, and a different leveraged hedge-fund strategy added to turbulence in April of 2025.The assets treated as the world's safest and most liquid can still become difficult to sell when everyone needs cash at the same time, in other words.The next few weeks should partially clarify what's actually driving this unusual market.The expanded Treasury buybacks begin the day after this episode goes live, September 9. Producer-price inflation data arrives on September 10, consumer-price data on September 11, and the Fed meets on September 15 and 16. The Bank of Japan follows on September 17 and 18, when it may increase its policy rate from 1% to around 1.25%.If the Fed hikes and long-term yields fall, that could indicate investors view the move as credible inflation-fighting: short-term borrowing becomes more expensive, but the term premium shrinks because the distant future seems less inflationary.If the Fed holds after a soft inflation report and short-term yields fall while the 30-year barely moves, that would suggest the long end is being driven by deficits, debt supply, oil prices, corporate competition, and global demand more than Fed policy.And if the buybacks begin but long-term yields continue to climb, that would demonstrate the limits of debt-management policy in a market this large. The Treasury could respond by issuing more short-term and less long-term debt, reducing immediate borrowing costs, though that would also mean refinancing more frequently and taking on the risk that rates remain high.It could also draw down some of the around $950 billion in its account at the Fed to fund larger buybacks, but that cash also serves as a buffer against the debt ceiling, which the government is currently expected to reach sometime in 2027. Spending the buffer now would mean rebuilding it later, and rebuilding it would require issuing even more debt.Back in 1951, the Treasury and the Fed reached an agreement that the central bank should not be required to make government borrowing cheap, and that the price of long-term debt should be allowed to reflect what the market believed that debt was worth.Right now, the market is rendering its verdict, and that verdict is that lending the United States money for 30 years has become substantially more expensive. Now we wait to see what Washington decides to do about it.Show Noteshttps://www.federalreservehistory.org/essays/treasury-fed-accordhttps://www.brookings.edu/articles/what-is-the-treasury-fed-accord-of-1951-and-why-is-it-important/https://www.federalreserve.gov/data/three-factor-nominal-term-structure-model.htmhttps://www.freddiemac.com/pmmshttps://www.cbo.gov/publication/61983https://fiscaldata.treasury.gov/datasets/interest-expense-on-the-public-debt-outstanding/interest-expense-on-the-public-debt-outstandinghttps://fiscaldata.treasury.gov/datasets/debt-to-the-penny/debt-to-the-pennyhttps://www.dallasfed.org/research/economics/2026/0210-searls-aifinancinghttps://home.treasury.gov/news/press-releases/sb0606https://home.treasury.gov/news/press-releases/sb0607https://www.federalreserve.gov/newsevents/speech/warsh20260828a.htmhttps://www.bls.gov/news.release/empsit.htmhttps://apnews.com/article/1af16359af43eb8abc66445465f633c8https://apnews.com/article/775d7cf741349c7c8e689c0beb57f074https://apnews.com/article/a27a8d3651ff810b25c610d3e1b6259dhttps://www.federalreserve.gov/econres/notes/feds-notes/decomposing-hedge-funds-u-s-treasury-exposures-20260622.htmlhttps://www.imf.org/en/publications/fandd/issues/2026/03/safeguarding-the-treasury-market-jeremy-steinhttps://www.investing.com/news/economy-news/japans-benchmark-bond-yield-rises-to-3-for-first-time-in-30-years-4883532https://www.boj.or.jp/en/mopo/mpmsche_minu/index.htmhttps://bipartisanpolicy.org/article/when-will-we-reach-the-debt-limit-again/https://home.treasury.gov/policy-issues/financing-the-government/quarterly-refunding/most-recent-quarterly-refunding-documents/https://www.federalreserve.gov/monetarypolicy/fomccalendars.htmhttps://www.bls.gov/schedule/2026/09_sched.htmhttps://www.axios.com/newsletters/axios-markets-a975877a-ddce-4ea0-a735-4b460d37af90.htmlhttps://www.ft.com/content/c96c25c1-b27c-4c08-a2ba-21821b39dd78https://www.axios.com/2026/08/19/rates-treasury-borrowing-bessent This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit letsknowthings.substack.com/subscribe
Kevin had a main fork of a big tree break off and land along his property line, and rather than pay a crew for an awkward job he bought an EGO 18 inch battery chainsaw. This episode is the whole story, from ruling out gas to standing in the aisle at Lowe's comparing specs. The show starts on football. Texas Tech against Abilene Christian, the clock review at Michigan that put one second back on and gave Michigan a second Hail Mary, and Kevin's take after 21 years of officiating, including work in the Great American Conference. He reads the Big Ten statement and explains the rule about a ball needing to touch something out of bounds before the clock stops, then says plainly that officials should not change the outcome of a game. They also talk about the LSU eligibility fight, what NIL has done to team loyalty, and their picks for the season. The tool talk is the meat. Kevin ruled out gas quickly because of the fuel and oil mixture, the carburetor gunk after a season sitting, and the pull start. Craig backs that up with a spray rig that would not start on a job site and cost him two hours and a trip to O'Reilly's to buy tools and pull the carburetor apart. Kevin compared the EGO to the Kobalt and found the Kobalt uses an 80 volt battery and costs a hundred dollars less, but its chain speed is 10.5 against 22 on the EGO. He then compared the EGO to a Stihl at the same 18 inch bar. The Stihl engine is 45.6 cc, the EGO is rated at 50, and Stihl does not publish a chain speed. The EGO was 400 dollars on sale with a 6 amp hour battery, and that battery alone is 389 dollars at Lowe's. Tool only on Amazon is 279. He also notes the one real drawback, a battery saw stops when it bogs down instead of trying to push through. Craig talks about running Ryobi on 40 volts across 6 acres with three batteries, why bar length is not the same as power, and why he still mows with gas. He also shares what he and his son are building, a 6 by 12 test cabin to experiment with solar and water collection, and a reframed outdoor kitchen behind the party barn. Kevin closes on the EGO 26 inch hedge trimmer, dual action blades, a 1.2 inch cutting capacity, and a handle that is a trigger all the way around and swivels into five locking positions, 179 dollars tool only. One local note worth having, Lowe's had no gas chainsaw on the floor. For gas, Tractor Supply and McCoy's both carry Stihl, and Tractor Supply usually has someone on staff who can repair it. You can watch the show live on the homepage, sign up for the newsletter and leave a review at homeownersshow.com. Buy a Homeowners Show T-shirt: homeownersshow.com/merch Subscribe on YouTube: https://www.youtube.com/channel/UCH4BFMNUMhucjky9o9SWjSA?sub_confirmation=1 Every episode with full transcripts: homeownersshow.com/episodes Facebook: facebook.com/homeownersshow Instagram: instagram.com/homeownersshow X: x.com/HomeownersThe Questions or topic ideas: info@homeownersshow.com Sustained Growth Solutions: a lead generation system built specifically for your business, so you never have to search for leads again. sustainedgrowthsolutions.com Termisave: warranty your home against the threat of termites. Email info@termisave.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Join me on an episode exploring the occult connections to the infamous unsolved murder mystery of 1943 where four boys found a womans body inside a hollowed out wych elm tree in Hagley Woods, Worcestershire. In this episode we are looking at the case itself, the Hand of Glory, two grimoires connected to the tradition of the Hand of Glory, Margaret Murray who was sometimes referred to as the grandmother of Wicca and her interpretation of the possible occult elements of the case, alongside traditions and folklore surrounding witches, bodies and burial within trees. Our book review on this episode is for The Lamb by Lucy Rose. As per my reference check out season 1 episode 2 of Haunted on Netflix called The Slaughterhouse. Articles referenced are here - https://historyandimagination.com/2022/10/30/who-put-bella-in-the-wych-elm-2/ https://whitbymuseum.org.uk/hand-of-glory/ Find my Wheel of the Year witch boxes here - 13% discount code available for purchases across Etsy - https://thewhitewitchcompany.etsy.com?coupon=WHEELOFTHEYEAR13 This September over in The Hedge & Hollow my Patreon our monthly theme is The Enchanted Hearth. As we move into autumn and naturally begin spending more time at home, I wanted to explore house, hearth and kitchen witchery on a much deeper level — looking at the home not simply as walls and a roof, but as a living part of our magical practice, holding memory, atmosphere, spirit, thresholds and protection. Across the month we'll be exploring the spirit of the home, genius loci, hearth spirits and household guardians; the symbolism and folklore of the sacred hearth; the magical architecture of our houses and traditional forms of household protection such as witch marks, concealed objects and witch bottles; before finishing in the alchemical kitchen with kitchen witchery, folklore, omens, recipes and the magical symbolism hidden within everyday acts such as baking, preserving and preparing food. There will also be guided journeys, rituals and practical workings throughout the month, including creating a household guardian, consecrating your hearth, crafting a concealed house charm and developing your own magical grimoire of the home. Essentially, we're spending September turning the home itself into part of the spell. We are just about to get started with this theme with our first podcast episode if you would like to join us. https://www.patreon.com/c/TheHedgeandHollow?redirect=true Instagram - https://www.instagram.com/thewhitewitchpodcast/?hl=en For PR enquiries etc please email carly@thewhitewitchcompany.co.uk Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Fifteen years ago, on this very podcast, one of us predicted that bonds would become a problem. It took a while — long enough that the prophet was more or less left for dead on the side of the road — but the warning has finally arrived, and now that it's here, we can't seem to stop talking about it. Bonds are in the news again, for all kinds of reasons, and almost none of them good. So in this episode, Brandon and Brantley go back to the argument we've been making for over a decade: for the job most people are trying to give bonds, cash value life insurance quietly does it better. Let's be precise about the claim first, because it's easy to hear this as "never buy bonds," and that isn't it. If you want the income a bond produces, buy the bond and collect the income — that's a perfectly good reason to own one. The trouble starts when bonds get sold as the safety buffer in a portfolio — the low-risk ballast that's supposed to hold steady while stocks wobble. That story worked for a specific reason, over a specific window, and that window has closed. What we get into: Why bonds ever looked "safe" in the first place. For several decades, interest rates fell, bond prices rose, and bonds earned a reputation as the dependable counterweight to stocks. That wasn't a law of nature — it was a tailwind. Most people were never told it was a tailwind, which is exactly why the reversal caught them off guard. The number that stops the conversation. We use Vanguard's total bond market fund because it has enough history to actually run the math. From January 1987 through December 2019 — 32 years — it compounded at about 5.93% a year with distributions reinvested. Great for the "boring buffer" role. From January 2020 to today? Roughly 0.62% a year. There is no five-year stretch in that entire prior 32-year run that performed this badly. Why 2021–2022 was genuinely different. For decades, when the stock market fell, it usually signaled a slowdown, which pushed rates down and lifted bonds — that's the whole mechanism behind the buffer. In 2021–2022 the opposite happened: stocks and bonds fell together while rates rose. We couldn't find a precedent for it going back to 1987. And 2022 stands as the worst year for the Bloomberg U.S. Aggregate Bond Index since the index began in 1976. How we got here — and why it isn't over. COVID-era stimulus put a surge of money into the system right as a supply-side shock choked off goods. More money chasing less stuff is the textbook recipe for inflation. The Fed bet it was "transitory," reacted slowly, and then had to hike hard. But the bond market sets its own terms too — if buyers don't believe a given yield covers where prices are headed, they simply don't buy, and yields have to climb until they do. The live math, right now. The 10-year Treasury is sitting near 4.8%, a level it hasn't seen in more than a year and a half, with a fair number of forecasters calling for it to cross 5% before year-end. If that happens, a rough cut of the numbers says you'd give up somewhere around $20 of market value on every $1,000 of Treasuries you're holding — a real problem if you were counting on selling, a non-event if you only ever wanted the income. What life insurance does that a bond can't. When rates rise, the cash value in a whole life or indexed universal life policy doesn't drop. There's no market-value markdown to absorb — and better still, rising yields tend to lift what these products pay: higher dividends on whole life, and higher cap rates, higher participation rates, or narrower spreads on IUL. You shed the price-reduction risk and pick up the upside of the same rate move that punishes bondholders. The reframe that matters most. Here's the part we haven't said clearly enough over the years: we've never argued for cash value life insurance on total return — not against stocks, not against bonds. We evaluate it on what you can actually extract from the dollars you put in, usually measured as income. The rate of return matters in the background, but the question we're really answering is "what will this reliably do for the plan," not "did it beat the index this year." The policy-loan worry, handled honestly. Most good whole life contracts use variable loan rates, so people reasonably ask whether rising rates make borrowing more expensive. Nominally, yes — but these things don't happen in a vacuum. The same rising rates that lift your loan cost also lift the dividend, so the net cost of borrowing may barely move. We even get into the history here: fixed loan rates plus a promise to keep paying full dividends is exactly what created the direct- vs. non-direct-recognition problem back in the 1970s and '80s, and why "lock in the low fixed rate" isn't the free lunch it sounds like. The honest framing we hold to on-air: this isn't a promise that whole life "beats" bonds on a spreadsheet, and it isn't a trade you time. Whole life can be a little slower to react than an index product; dividends and cap rates do move with the environment, and none of it is meant to replace every bond in a plan. What it is designed to do is take on the job bonds are supposed to do — hold their ground and produce dependable income — without the market-value risk. When rates are choppy and heading nowhere fast, that's a job worth giving to the right tool. Read the full write-up: Whole Life vs. Bonds: Your Portfolio's Rate-Hike Hedge — the duration math, the bond-fund-vs-cash-value comparison, and the policy-loan wrinkle, all in one place. Looking at a life insurance illustration and not sure it actually fits the role you need it to play? Don't let ChatGPT be the last word — it'll hand you a confident answer that's often just the "whole life is a rip-off" line scraped off the internet, and confidently wrong is still wrong. Tell us a little about your situation, or send over the illustration, and we'll give you a straight, honest read: what's right, what's wrong, and whether it's a good fit for you. No pitch, no pressure. Send us a message, or if you'd rather talk it through, book a call with us.
A.M. Edition for Sept. 4. The world's biggest wealth fund calls time on government bonds citing recent volatility. Allianz CIO Ludovic Subran gives us his take on what is driving yields higher, whether the U.S. can outgrow its debt problem and what the bond rout means for your investments. Plus, diesel prices hit an all-time high, teeing up more inflation from farm to table. And battered by foreign competition, Volkswagen banks on six-figure job cuts as part of a major turnaround plan. Luke Vargas hosts. Sign up for the WSJ's free What's News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Derek Moore and Shane Skinner dig into what history says about September in a midterm election year, and why Mike Santoli argues investors should be on high alert heading into the month. Plus, a long look at federal receipts versus federal outlays as a percent of GDP and what top tax rates did and did not do to revenue, the widening spread between mega cap winners and losers in 2026, and a forward earnings check on Nvidia, Alphabet, Apple, Tesla, Costco, and the S&P 500 itself. All that and more this week. S&P 500 September performance in midterm election years going back to 1928. September is historically the weakest month, but midterm years have their own pattern. Mike Santoli argues investors should be on high alert heading into September. What being on high alert actually means for someone already invested and hedged. Federal receipts and federal net outlays as a percent of GDP going back to the 1930s. Outlays keep running above receipts, and that gap is where the deficit comes from. The top individual income tax bracket has fallen from over 90% since the 1940s. Higher top tax rates have not reliably produced higher receipts as a share of GDP. Schwab data ranks 2026 performance and index contribution across the mega caps. Micron leads the group up 226.8% while Tesla is down 22.5% as of August 28, 2026. Apple at 17.6%, Nvidia at 16.6%, and Amazon at 15.4% beat the Nasdaq's 13.6%. Meta is down 12.4% and sits near the bottom on contribution to the S&P 500. Nvidia trades near 17 times forward earnings on estimates of $12.83 a share. Alphabet sits near 19 times forward earnings versus Apple at over 33 times. Tesla's forward P/E is above 180 while Costco holds near 41 times. The S&P 500 near 7,689 on forward earnings estimates of about $394 a share. That works out to roughly 19.4 times forward earnings for the index. SpaceX vs Tesla forward price to earnings ratio Are index level multiples reasonable when the leadership is this uneven? Mentioned in this Episode Santoli: Why investors should be on high alert heading into September https://www.cnbc.com/2026/08/31/santoli-why-investors-should-be-on-high-alert-heading-into-september.html Derek Moore's book Broken Pie Chart https://amzn.to/3S8ADNT Jay Pestrichelli's book Buy and Hedge https://amzn.to/3jQYgMt Derek's book on public speaking Effortless Public Speaking https://amzn.to/3hL1Mag Contact Derek derek.moore@zegainvestments.com
Send us Fan MailMorning Prayer (God Honoring; Bridling The Tongue; Hedge of Safety Around Families) #pray #Jesus #Christian #morningprayer Thank you for listening, our heart's prayer is for you and I to walk daily with Jesus, our joy and peaceaimingforjesus.comYouTube Channel https://www.youtube.com/@aimingforjesus5346Instagram https://www.instagram.com/aiming_for_jesus/Threads https://www.threads.com/@aiming_for_jesusX https://x.com/AimingForJesusTik Tok https://www.tiktok.com/@aiming.for.jesus
The 2026 G-League Coach of the Year, Vitor Galvani, joins us to detail how he built and adjusted Hedge & Plug in Brazil and the G League. He explains why the coverage made sense in what he calls a “scoring guards league,” how the pickup point changes the plug technique, the triggers for releasing the hedge, and why re-screens and late flips can put the coverage under real stress. The conversation moves behind the ball to Galvani's “Protection Plan”: the MIG and Fence, jumping pickups to discourage direct corner skips, choosing when not to X-out, “See Numbers Go,” peel switching, and building Black, White, and Gray changeups around the same defensive identity. On offense, Galvani gets into KYP on guard-to-guard screens, creating separation before the action, Hot Stove versus Cold Stove screens, and using second-side pass-and-chase actions to attack switching. In Start, Sub, or Sit, Galvani challenges the usual pace conversation by starting shot selection, connecting offensive involvement to defensive effort, and explaining why his team moved the ball side to side with purpose. He closes with the relationship between shot quality, Tagging Up, and offensive rebounding, along with the daily investment that shaped his coaching education.What You'll LearnHow the ballhandler's pickup point changes the on-ball defender's responsibilities within Hedge & Plug. The two triggers Galvani used to release the big from the hedge. Why re-screens and late flips are difficult Hedge & Plug counters, and when switching becomes the emergency solution. How the MIG and Fence form the “Protection Plan,” including having the Fence jump the pickup rather than automatically X-out. How “See Numbers Go” and peel switching turn aggressive gap positioning into opportunities for steals. Why Galvani trained some peel switches as reads rather than relying on a defensive call. How Black, White, and Gray allowed his team to change the ball-screen picture without abandoning its defensive base. Why KYP comes before pace and technique when teaching guard-to-guard screening. How separation, randomness, and “action on top of action” keep guard-to-guard screens from being steered or jammed. How shot selection can influence offensive pace, defensive effort, Tagging Up, and offensive rebounding.To join coaches and championship winning staffs from the NBA to High School from over 70 different countries taking advantage of an SG Plus membership, visit HERE!
How effective are AI tools--even agentic AI tools placed into a system--at building and testing software? Derick Winkworth and Donald Sharp Join Russ to discuss various projects they've worked on using AI tools, lessons they've learned, and how developers can make effective use of AI.
In this episode of Masters of Risk, host Stewart Webster sits down with Matthew Tuttle, CEO and Chief Investment Officer of Tuttle Capital Management, to discuss how investors can navigate an increasingly thematic market shaped by artificial intelligence, geopolitical shifts, and evolving investment risks. With more than two decades of investment experience and a reputation for challenging conventional portfolio construction, Matt shares why he believes many traditional investment frameworks no longer reflect today's market realities. He introduces his HEAT investment philosophy, an approach centered on Hedge, Edge, Asymmetry, and Theme, designed to help investors manage risk while identifying emerging opportunities. As AI investment accelerates across industries, Matt explains why the next generation of winners may extend far beyond the well-known technology giants. From memory and photonics to energy, utilities, materials, and even space infrastructure, he explores how investors can identify critical bottlenecks powering the AI economy and uncover opportunities before they become consensus trades. Stewart and Matt also examine several of the market's most pressing questions, including whether rising valuations present a growing risk to investors, how consumers may fare in a higher-rate environment, and what signals could indicate that AI-driven capital spending is beginning to slow. The conversation also explores the growing role of thematic ETFs, digital asset exposure, and the risks surrounding private credit products entering the ETF marketplace. Looking further ahead, Matt shares his perspective on emerging investment themes ranging from aerospace and defense to the rapidly developing space economy, where long-term opportunities may be created by the infrastructure required to support next-generation technologies. A thought-provoking discussion for investors, portfolio managers, risk professionals, and market participants seeking fresh perspectives on thematic investing, ETF innovation, portfolio risk management, and the forces shaping tomorrow's market opportunities. More S&P Global Resources: Proactive Risk Intelligence | S&P Global The Definitive Risk Conference | S&P Global Masters of Risk | Season 4 Episode 5 Video: Beyond Diversification: Strategic Risk Insights for Mod… Masters of Risk | Season 4 Episode 6: Private Credit Under Pressure: Liquidity, Distress, and Oppor… Credits: Host: Stewart Webster, CFA Guest: Matthew Tuttle, CEO & Chief Investment Officer, Tuttle Capital Management Editor: Carl Schmidt Producer: Caitlin Bray Published with Assistance From: Sophie Carr and Feranmi Adeoshun
Derek Moore is joined by Mike Snyder and Shane Skinner this week to talk about Big Oil posting its best free cash flow quarter ever, $70 billion across the top five majors, without the war-driven price spike that powered the last record. Plus, gold pushing back higher as ETF flows return, the Citi global economic surprise index at its highest since 2022, an AI capex boom that lands as an import drag on GDP, midterm year seasonality, and a housing market where buyers have gone missing while prices sit at records. All that and more this week. The top five international oil majors generated $70 billion in free cash flow last quarter. That tops the previous high set during the Russian invasion of Ukraine. Tobias Carlisle credits cost discipline, portfolio high-grading, and capital restraint. Is record oil profitability without a price spike a sign of structural improvement? Luke Kawa flags the Citi global economic surprise index at 41.6, highest since April 2022. Weakness in long-term government bonds around the world may be a good news story. Term premiums in the US, UK, Germany, and Japan have shifted since Warsh's first FOMC. Gold has climbed from the low $3,000s an ounce last August to near $5,500 today. Goldman Sachs data shows spot gold ETF flows turning positive again alongside performance. Liz Ann Sonders shows the AI capex boom driving imports while exports stay muted. Net exports remain a drag on real GDP even as fixed investment keeps growing. Seasonality shows the S&P 500's typical midterm election year path over 99 years. Schwab data breaks down which sectors have stocks at four-week and 52-week highs. The Daily Shot shows the housing buyer and seller mismatch has flipped since 2021-2022. The number of home buyers has fallen to a record low, widening the gap with sellers. Case-Shiller's national home price index hit a record 335.10 as of May 31, 2026. Charlie Bilello notes the median monthly mortgage payment went from $862 to $2,240. Mortgage rates went from 3.4% to 6.7% and median prices from $243k to $434k in a decade. Mentioned in this Episode Derek Moore's book Broken Pie Chart https://amzn.to/3S8ADNT Jay Pestrichelli's book Buy and Hedge https://amzn.to/3jQYgMt Derek's book on public speaking Effortless Public Speaking https://amzn.to/3hL1Mag Contact Derek derek.moore@zegainvestments.com
Stone & Wood Presents… Blitzed: Tavi TV Radio Day 3. The swell is about to kick and all signs point to the Fiji Pro pumping for the next three days straight! We check in with surfing’s high performance avant guardian Jimmicane Wilson for his thoughts on who will win and why, and catch up with Aussie Spirit animal Nathan Big Hedge for a look inside camp Straya. Fucken oath let’s go!See omnystudio.com/listener for privacy information.
As organizations accelerate AI adoption, leaders are grappling with a critical question: how will technology reshape the workforce in the years ahead? In this episode of Market Pulse, host Grant Johnsey sits down with workplace futurist and workforce intelligence expert Alexandra Levit to explore the realities behind today’s AI transformation. Their conversation examines why many organizations are struggling to realize AI-driven productivity gains, the growing importance of workforce redesign, and how companies can better align technology investments with talent strategy. Alex also shares her views on job displacement versus job creation, the skills professionals need to remain competitive, and why human judgment, creativity and relationship-building will remain essential in an increasingly automated world. The discussion concludes with a look at emerging workplace trends, from hybrid work models to the future potential of immersive digital environments, offering practical insights for business leaders, investors and professionals navigating a rapidly evolving landscape. Important Disclosures The audio podcast is being provided for informational and educational purposes only and is not meant to be taken as investment advice or a recommendation of any specific investment product or strategy. The information does not take your financial situation, investment objective(s), or risk tolerance into consideration. Listeners, including professionals, should under no circumstances rely upon this information as a substitute for their own research or for obtaining specific legal, investment, accounting or tax advice from their own counsel. Non‑U.S. Small Cap Equities Non‑U.S. small cap equities may provide diversification and growth potential but carry elevated risks. These include currency volatility (e.g., U.S. dollar strength reducing returns), higher volatility, and lower liquidity. These securities are more sensitive to local economic, political, and regulatory conditions and may underperform in certain market cycles. They may include lower-quality or unprofitable issuers and are more exposed to trade policy and geopolitical developments. Alternative Investments Alternative investments are not suitable for all investors. Hedge funds use leverage, derivatives, and short selling, which can amplify losses. These investments are typically illiquid, lack regular pricing transparency, and charge high fees that may reduce returns. Interests are not readily transferable, and a secondary market may not exist. Investors should also consider tax complexity and reduced regulatory oversight compared to mutual funds.
As organizations accelerate AI adoption, leaders are grappling with a critical question: how will technology reshape the workforce in the years ahead? In this episode of Market Pulse, host Grant Johnsey sits down with workplace futurist and workforce intelligence expert Alexandra Levit to explore the realities behind today’s AI transformation. Their conversation examines why many organizations are struggling to realize AI-driven productivity gains, the growing importance of workforce redesign, and how companies can better align technology investments with talent strategy. Alex also shares her views on job displacement versus job creation, the skills professionals need to remain competitive, and why human judgment, creativity and relationship-building will remain essential in an increasingly automated world. The discussion concludes with a look at emerging workplace trends, from hybrid work models to the future potential of immersive digital environments, offering practical insights for business leaders, investors and professionals navigating a rapidly evolving landscape. Important Disclosures The audio podcast is being provided for informational and educational purposes only and is not meant to be taken as investment advice or a recommendation of any specific investment product or strategy. The information does not take your financial situation, investment objective(s), or risk tolerance into consideration. Listeners, including professionals, should under no circumstances rely upon this information as a substitute for their own research or for obtaining specific legal, investment, accounting or tax advice from their own counsel. Non‑U.S. Small Cap Equities Non‑U.S. small cap equities may provide diversification and growth potential but carry elevated risks. These include currency volatility (e.g., U.S. dollar strength reducing returns), higher volatility, and lower liquidity. These securities are more sensitive to local economic, political, and regulatory conditions and may underperform in certain market cycles. They may include lower-quality or unprofitable issuers and are more exposed to trade policy and geopolitical developments. Alternative Investments Alternative investments are not suitable for all investors. Hedge funds use leverage, derivatives, and short selling, which can amplify losses. These investments are typically illiquid, lack regular pricing transparency, and charge high fees that may reduce returns. Interests are not readily transferable, and a secondary market may not exist. Investors should also consider tax complexity and reduced regulatory oversight compared to mutual funds.
Bonds may no longer provide the shelter investors have expected. Our CIO and Chief U.S. Equity Strategist Mike Wilson talks about the changing relationship between inflation, yields and risk.Read more insights from Morgan Stanley.----- Transcript -----Bonds may no longer provide the shelter investors have exMike Wilson: Welcome to Thoughts on the Market. I'm Mike Wilson, Morgan Stanley's CIO and Chief U.S. Equity Strategist. Today on the podcast I'll be discussing the shifting landscape in macro markets.It's Monday, August 24th at 11:30am in New York. So, let's get after it.Over the past few weeks we've seen large moves in rates, oil, gold and crypto. What does it mean for equities? First, investors are still treating these markets as separate stories, when they are all part of the same regime shift that began with COVID. More than six years ago, in the depths of that recession, I argued investors should prepare for the return of inflation. That was a very out of consensus view. At that time, the world was obsessed with deflation, the 10-year Treasury yield was below 1 percent, stocks had been hit hard, and gold was sitting around $1,500 an ounce. But the policy response to COVID – what I called helicopter money – changed the game. It marked the end of the 40-year disinflationary regime and a very different investment environment for investors to navigate. It is also the foundation of our run it hot thesis. In a world where inflation has returned, cycles are likely to be shorter, policy more reactive, and leadership changes more frequent. That is very different from the 1982-to-2020 period. Then falling inflation and falling rates allowed economic cycles to stretch for eight or 10 years. We are now in a world that looks more like the post-World War II era: stronger nominal GDP growth, more persistent inflation, higher economic volatility, and a bond market that is no longer the tailwind it used to be for risk assets. In short, the great secular bull market in bonds ended with COVID. This has huge implications for investors of all stripes. My near term view on rates is also different from the mainstream. A lot of investors are saying rates are rising because of debt and deficits. I am not dismissing those factors. But I think the bigger driver is strong nominal GDP growth, which really is the result of aggressive fiscal policy since the pandemic. We are in an era of fiscal dominance, and in that environment the Treasury and the Fed are forced to find ways to fund deficits without breaking markets. That is how I interpret the Treasury's recent buyback activity. I don't think this is quantitative easing or yield-curve control. The scale of the program is not large enough. Instead, it's just another tool to maintain market functioning and stable financial conditions. So when I look at the large move in precious metals and crypto last week, to me it suggests that markets believe this is just a first step toward larger intervention – if financial conditions tighten further. For equities, this all reinforces the quality rotation we have been recommending. Since the peak rate of change in earnings revisions breadth in June, led by Semiconductors, the market has gone through a significant leadership change. Quality factors have started to outperform after a year of lagging, which is exactly what we would expect as a post-recession recovery matures. High free cash flow, high gross margins, stable sales growth, and low capex-to-sales factors have all been working. Some investors are frustrated that the S&P 500 barely sold off during the historic momentum unwind. But if quality is coming back into favor, that makes perfect sense. The S&P 500 is one of the highest-quality benchmarks in the world. Leadership at the stock level may continue to morph, but index leadership for the S&P is unlikely to fade – and may even get stronger. The near-term risk remains oil. Brent crude prices have moved higher over the past couple of weeks. And rising oil has historically been a much more reliable headwind for equities than falling oil has been a tailwind. Our still constructive equity view does not require crude to collapse. It simply requires crude to stop rising. If oil spikes again because the Strait of Hormuz remains closed, that could pressure input costs, push yields and bond volatility higher, and create another round of market instability. Bottom line, the run it hot regime is alive and well. It supports equities. But it also shortens cycles, increases rotations, and forces investors to be more tactical at times. I currently like large-cap quality stocks, AI adopters, and the S&P 500 over international peers. Hedge the oil risk with energy stocks and keep your head on a swivel as we navigate the next phase of this recovery and bull market. Thanks for tuning in; I hope you found it informative and useful. Let us know what you think by leaving us a review. And if you find Thoughts on the Market worthwhile, tell a friend or colleague to try it out!
Join me as we explore the Sturgeon Moon, from its connection to the ancient, prehistoric sturgeon fish to some of the other names associated with this full moon including the Hungry Ghost Moon. We will delve into the spiritual themes and symbolism surrounding this moon alongside the flowers, trees, herbs and crystals traditionally connected to its energy. We will also explore some of the fae beings linked to water and this time of year including the Nereids, discovering who they are and the mythology surrounding them. From there we will look at ways you might work with the Sturgeon Moon within your own life and witchcraft practice particularly around themes of reflection, legacy, abundance and what you wish to carry forward into the seasons ahead. To finish I share a River Stone Ritual by The Peculiar Brunette along with a collection of journaling prompts and a Tarot or oracle spread to help you connect more deeply with the energy of the Sturgeon Moon. River Stone Ritual - https://www.thepeculiarbrunette.com/august-sturgeon-moon-spiritual-meaning/?utm_source=Pinterest&utm_medium=organic The song referenced is Thank You by Alanis Morisette (I didn't even give the song title properly! Sorry I was on a tangent) ;-) Prayer to the Sturgeon Moon by The White Witch Parlour ‘I call to the energies of the sturgeon moon, I give thanks for the warmth and abundant crops that summer brought but now I shall begin the preparation for winter, as the battle between light and dark begins, I find my own balance within. I pray the moon heal and calm my emotions for the month to come. As I open my heart to the flow of the universe and the lessons I may need to learn' Journal Prompts referenced - What am I building in my life right now, and does it reflect the person I truly want to become?What have the experiences of this past season taught me about myself? What am I ready to leave behind as I begin moving towards the next season of my life? Which parts of myself have I previously tried to soften, hide or make smaller — and what would it look like to fully honour them instead? What traditions, practices, relationships or ways of living feel worthy of carrying forward with me? What do I hope will exist because I was here — through the love I gave, the knowledge I shared, the things I created or the people whose lives I touched? Tarot/oracle prompts - What has this season taught me? The wisdom, lesson or truth that has emerged through your recent experiences. What am I ready to leave behind?A pattern, attachment, belief, habit or version of yourself that has reached its natural ending. What am I being asked to carry forward? The quality, gift, practice, relationship or intention that will help shape the next season of your life. What am I building that will outlive this moment? A glimpse into the legacy you are creating through your choices, creativity, relationships or the way you move through the world. Join Me for Our Mabon Coven Gathering If you have ever wanted to experience witchcraft in person, I would love to invite you to our very first Coven Gathering in Lincoln. Together we will celebrate Mabon, the Autumn Equinox through seasonal folklore, magical teachings, practical witchcraft and a guided journey inspired by Baba Yaga's ancient forest. You will create your own Mabon Harvest Charm to take home, receive beautifully illustrated grimoire pages and spend the afternoon connecting with a wonderful community of like-minded witches over homemade herbal teas. Whether you are completely new to witchcraft or have been walking the path for many years, this gathering has been created as a welcoming space to learn, practise and celebrate the turning of the Wheel of the Year together. You can find the booking link below if you would like to join us. I would absolutely love to see you there. https://www.eventbrite.co.uk/e/1995695286324?aff=oddtdtcreator Join us in The Hedge & Hollow for a Circe Summer with our August theme - This month we journey to the mythical island of Aeaea to meet one of the most fascinating witches in mythology – Circe. Often remembered as the enchantress who transformed men into pigs however there is far more to her story. Circe is a woman of solitude, exile, herbal wisdom, magick, transformation and self sovereignty. Her island becomes a place of initiation where those who arrive are forever changed. Throughout the month we will explore Circe through mythology, folklore and practical witchcraft discovering what her story can teach us about reclaiming our own power and embracing the transformations life asks of us. Across this month we will look at - A deeper exploration of Circe's mythology - looking beyond the familiar tales to uncover the symbolism and wisdom hidden within her story. A guided meditation transporting you to Circe's island where you will meet Circe herself and discover the messages she has waiting for you. Two Hedge Witch studies exploring the magical folklore, history and correspondences of Hellebore and Cypress. Two plants deeply connected with liminality, death, rebirth and the ancient witch's path. Practical witchcraft including a beautiful Transformation Oil inspired by Circe's magick alongside banishing practices, reflection and spellcraft to support your own personal transformation. This month will lean into embracing our own transformations and moving towards them with courage, wisdom and compassion. I'll see you on Circe's island. Find my Patreon The Hedge & Hollow here - https://patreon.com/TheHedgeandHollow?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink Find my Etsy store here for zines, witch boxes, spell candles and altar posters here - https://www.etsy.com/shop/TheWhiteWitchCompany?ref=seller-platform-mcnav Instagram - https://www.instagram.com/thewhitewitchpodcast/?hl=en For PR enquiries etc please email carly@thewhitewitchcompany.co.uk Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Niels Kaastrup-Larsen and Mark Rzepczynski examine the warning signs emerging beneath seemingly calm markets, from extreme single-stock moves and commodity shortages to growing strains in the U.S. Treasury market. They explore how leveraged hedge funds and basis trades have become increasingly important to Treasury liquidity, and why market plumbing can matter as much as price signals. The conversation then turns to the evolution of trend following, comparing different approaches to signals and position sizing, the benefits of combining methodologies, and why short-term trend strategies face structural challenges. Finally, Mark reflects on the legacy of quantitative trading pioneer Victor Niederhoffer.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE-----Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.IT's TRUE ? – most CIO's read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.Learn more about the Trend Barometer here.Send your questions to info@toptradersunplugged.comAnd please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.Follow Mark on Twitter.Episode TimeStamps:00:00 - Introduction and summer reflections01:42 - Warning signs and rumblings beneath the markets07:06 - Extreme single-stock moves and hidden risk10:09 - Copper, inventories and commodity squeezes13:08 - Oil markets and the danger of disappearing buffer stocks14:51 - August trend following performance16:01 - Why market uncertainty could create new trends20:37 - The Treasury buyback program and bond market liquidity27:10 - Is the Treasury quietly stabilizing long-term yields?31:56 - The plumbing problem inside the U.S. Treasury market36:28 - Hedge funds, basis trades and leverage41:40 - Can Treasuries still be considered a safe asset?47:17 - Three different approaches to trend following52:25 - How investors should diversify across trend managers56:49 - The “podification” of trend following59:29 - Why short-term trend following struggles01:03:19 - Victor Niederhoffer and the foundations of quantitative tradingCopyright © 2025 – CMC AG – All Rights Reserved----PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:1. eBooks that cover key topics that you need to know about In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here2. Daily Trend Barometer and Market Score One of the things I'm really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here3. Other Resources that can help youAnd if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click HerePrivacy PolicyDisclaimer
Host Brian Walsh takes up ImpactAlpha's top stories with editor Jessica Pothering. Up this week: “As Norges Bank warns of potential losses, can impact investments provide a hedge?” by Amy Cortese"Investors find opportunities in South Africa's rush to renewables,” by Marilyn Waite“Murdoch heir seeks to set All Aboard climate coalition up for long term impact,” by Amy CorteseTo try ImpactAlpha Edge, click here.
Host Brian Walsh takes up ImpactAlpha's top stories with editor Jessica Pothering. Up this week: “As Norges Bank warns of potential losses, can impact investments provide a hedge?” by Amy Cortese"Investors find opportunities in South Africa's rush to renewables,” by Marilyn Waite“Murdoch heir seeks to set All Aboard climate coalition up for long term impact,” by Amy CorteseTo try ImpactAlpha Edge, click here.
Deploying AI for AI Ops, or even just for general use in your network, is very simple--but we often forget that these kinds of new technologies need to be governed. From privacy through cost, operators need to decide how to govern their AI deployments to control costs, ensure accuracy, measure productivity, and make certain these systems are being used effectively. Colin Cosgrove joins Russ and Tom to look at AI governance.
เกมค่าเงินที่นักลงทุนต้องจับตา ! ถึงเวลาต้อง Hedge หรือ Unhedge ? The Investo คุยเคลียร์ข่าว ให้เข้าใจทุกการลงทุน กับ Naomi แขกรับเชิญ พูน พานิชพิบูลย์ นักกลยุทธ์ตลาดเงินตลาดทุน Krungthai Global Markets ธนาคารกรุงไทย จำกัด (มหาชน) Naomi ดำเนินรายการ รายการ The Investo กับ Naomi วิเคราะห์เจาะลึกข่าวสำคัญในแต่ละวัน กับผู้เชี่ยวชาญในด้านต่างๆ ทั้งเศรษฐกิจ การเงิน และการลงทุน คุยเคลียร์ข่าว ให้เข้าใจทุกการลงทุน กับ Naomi ที่ Facebook และ YouTube Finnomena ทุกวันจันทร์ - พฤหัสบดี --- ติดตามช่องทางอื่น ๆ ของ Finnomena Website https://www.finnomena.com Facebook / finnomena IG / finnomena Twitter https://x.com/finnomena TikTok / finnomena ดาวน์โหลดแอป Finnomena หรือเปิดบัญชีกับ Finnomena คลิกเลย https://finno.me/finnomenaliveyt ติดตามทุกโอกาสการลงทุน Finnomena Opphub https://finno.me/fcins #BondYieldสหรัฐฯ #bondyield #การลงทุน #TheInvesto #Finnomena
How should you approach a 2026 Superflex Best Ball draft? Tom Strachan and Andrew Erickson react to the biggest fantasy football developments from the first full weekend of preseason action before completing a live 20-round draft in the FFPC Superflex Best Ball Tournament. The guys discuss how the injuries to Jeremiyah Love and Breece Hall should affect their draft prices, whether Cam Skattebo’s role is in danger, and which players offer the best value in the potentially high-scoring Rams offense. Then, follow every major decision as Tom and Erickson draft from neighboring spots in a tight end premium Superflex contest. They break down early-quarterback strategy, portfolio management, hero-RB roster construction, stacking, positional runs and the importance of building for the fantasy playoffs. Players discussed include Drake Maye, Ja’Marr Chase, Saquon Barkley, Chase Brown, Justin Herbert, Dak Prescott, Rashee Rice, Zay Flowers, Tyler Shough, Juwan Johnson, Jonathon Brooks, Parker Washington, Harold Fannin Jr., Rhamondre Stevenson, Sam LaPorta, Luther Burden, Tetairoa McMillan, Jordan Tyson, Blake Corum and more. Plus, get answers to listener questions, late-round running back and wide receiver targets, rookie values, Draft Assistant analysis and the final grades for both rosters. Timestamps (may be off due to ads):Intro - 0:00:00Jeremiyah Love - 0:00:20Breece Hall - 0:02:00Najee Harris - 0:05:27Why Are the Rams so Cheap? - 0:07:40Time to Hedge against Drake Maye - 0:12:21Ja'Marr Chase - 0:13:47FantasyPros Draft Assistant - 0:14:20Saquon Barkley & Chase Brown - 0:18:04Justin Herbert & Dak Prescott - 0:20:52Emeka Egbuka - 0:23:25George Pickens - 0:27:13Rashee Rice - 0:28:50Zay Flowers - 0:30:34Jordyn Tyson - 0:32:34Juwan Johnson - 0:33:00 FantasyPros Twitch - 0:35:46Luther Burden - 0:37:13Tetairoa McMillan - 0:38:37Sam LaPorta & Harold Fannin - 0:40:30Ladd McConkey or Tee Higgins?Aaron Rodgers - 0:46:10Parker Washington - 0:48:45Rhamondre Stevenson - 0:50:10Jonathon Brooks - 0:52:20JK Dobbins - 0:56:31Dallas Goedert - 0:58:02Juwan Johnson - 1:00:14Mike Evans - 1:01:50FantasyPros Discord - 1:03:48Michael Penix - 1:04:28Makai Lemon - 1:06:57Ja'Kobi Lane - 1:08:41Jonah Coleman - 1:10:22Marshawn Lloyd - 1:13:09Dylan Sampson - 1:15:50Tyjae Spears - 1:20:10Favorite Late-Round Wide Receivers - 1:20:50Pat Bryant - 1:24:02Ray Davis - 1:26:09Mike Gesicki - 1:30:09David Njoku - 1:31:57Omar Cooper - 1:32:40Ted Hurst - 1:35:18Team Reviews & Draft Wizard Analysis - 1:40:05 Helpful Links: Draft Wizard - Dominate your fantasy football draft with Draft Wizard. Run fast mock drafts, test different strategies, build custom cheat sheets, get pick-by-pick draft advice, and learn your leaguemates' tendencies before draft day. Just download the FantasyPros App or head to fantasypros.com/draftwizard Start Your Free FantasyPros Premium Trial - https://www.fantasypros.com/free/ -Get three days free to unlock premium draft tools, rankings, analysis, and personalized advice. Watch and Subscribe to The Tailgate - https://www.youtube.com/@tailgatenfl - Just friends talking football. Get NFL storylines, weekly analysis, giveaways, and more from the FantasyPros team. Subscribe to FantasyPros on YouTube - https://www.youtube.com/@fantasypros - Watch the latest fantasy football rankings, mock drafts, sleepers, breakouts, and draft advice. Support the FantasyPros Fantasy Football Podcast - https://www.fantasypros.com/review/ - Leave a review on Apple Podcasts or Spotify to help support the show. Real-Time ADP - Track up-to-the-minute draft trends across all major platforms: https://fantasypros.com/realadp Follow us on Twitch - The team here at FantasyPros is taking questions all week, every week on Twitch. Follow us on Twitch at twitch.tv/fantasypros and never miss a stream! Discord – Join our FantasyPros Discord Community! Chat with other fans and get access to exclusive AMAs that wind up on our podcast feed. Come get your questions answered and BE ON THE SHOW at fantasypros.com/chat BettingPros Podcast – For advice on the best picks and props across both the NFL and college football each and every week, check out the BettingPros Podcast at bettingpros.com/podcast, our BettingPros YouTube channel at youtube.com/bettingpros, or wherever you listen to podcasts.See omnystudio.com/listener for privacy information.
Derek Moore is joined by Mike Snyder and Shane Skinner this week to talk about how valuations of the top stocks now have shrunk to those of the overall market, while tech and other Mag7 stocks valuations have come down while earnings expectations are up. Plus, record short positioning in Nasdaq-100 futures, gold fund flows picking back up, VIX seasonality heading into the autumn, and a filing for 32 NHL team ETFs. All that and more this week. The forward P/E of the largest 10 S&P 500 companies has converged with the other 490. J.P. Morgan data shows the top 10 near 19.8x versus 19.3x for the rest of the index. The S&P 500 sits around 19.6x forward earnings versus a 16.9x long-run average. Does a narrower valuation gap mean the market is finally broadening out? Ben Carlson notes the tech sector is up about 65% since the start of 2025. Tech's forward P/E still fell from 29x to 22x over that same stretch. Macro Charts flags the biggest Nasdaq short position since 2020 Asset managers and hedge funds are both leaning short Nasdaq-100 futures. What record short positioning could mean if anything Bespoke compares the Nasdaq after Netscape launched to the run since ChatGPT launched. The post-Netscape Nasdaq peaked up 592% on March 10, 2000. Goldman Sachs data shows four-week flows into gold funds picking up again. Central bank buying and returning retail ETF demand are supporting gold. Topdown Charts shows the VIX seasonally rising from late July into the autumn. Eric Balchunas highlights a filing for 32 NHL team ETFs from Volatility Shares. Mentioned in this Episode Derek Moore's book Broken Pie Chart https://amzn.to/3S8ADNT Jay Pestrichelli's book Buy and Hedge https://amzn.to/3jQYgMt Derek's book on public speaking Effortless Public Speaking https://amzn.to/3hL1Mag Contact Derek derek.moore@zegainvestments.com
In this episode of The White Witch Podcast we step into the woods of August to explore two powerful allies of witchcraft, mythology and folklore - Bay and the Wild Boar. We begin with Bay a plant long associated with prophecy, protection, purification and victory. We explore the many ways Bay can be incorporated into your craft, from cleansing and divination to protection and banishing before following its mythological threads through Circe, Apollo and Daphne and into the sacred world of the Priestesses of Delphi. We also work with Bay practically finishing this section with a simple banishing spell using its leaves - ritual can be found here - https://witchesofthecraft.com/tag/bay-leaf/ Then we travel deeper into the ancient forest to meet the Wild Boar, a creature whose image appears again and again across European mythology as a symbol of ferocity, courage, sovereignty, abundance, protection and the mysteries of the Otherworld. We follow the boar through the story of Odysseus before travelling north into Norse cosmology and its connections with Freyr and Freyja including the golden boar Gullinbursti and Freyja's companion Hildisvíni. We visit the great hall of Valhalla where the fallen warriors feast upon the endlessly renewed cosmic boar and explore the animal's possible connections with the earth and mother goddess Nerthus. From there we wander through continental and British folklore, meeting the boar god Moccus, seasonal customs such as the Jouluporsas and the animal's importance within Celtic and Druidic traditions. We explore its links with warriors, death, the afterlife and the Otherworld alongside stories involving Merlin, the Devil, Cerridwen, Manannán mac Lir and the great boar hunt found within the Welsh tale of Culhwch and Olwen. We also venture into Greek mythology with Heracles and the Erymanthian Boar before looking at what the Wild Boar may represent spiritually when it appears within our own lives, dreams or practice. Our book review this month is Circe by Madeline Miller. We finish the episode with a collection of journal prompts inspired by The Odyssey inviting you to consider your own journeys, trials, transformations and homecomings. The journal prompts came from the Instagram page - @the_edit_experience_ What song do your sirens sing? What bow can only you string? What is your Troy? What is your Calypso? What is your Ithaca? Why can't you go back there? Can you forgive yourself for the last seven years? Can you accept yourself? So light a candle, gather your Bay leaves, and come with me into the old woods — where gods, witches, warriors and wild creatures are never quite as far away as they seem. Join Me for Our Mabon Coven Gathering If you've ever wanted to experience witchcraft in person, I'd love to invite you to our very first Coven Gathering in Lincoln. Together we will celebrate Mabon, the Autumn Equinox through seasonal folklore, magical teachings, practical witchcraft and a guided journey inspired by Baba Yaga's ancient forest. You will create your own Mabon Harvest Charm to take home, receive beautifully illustrated grimoire pages and spend the afternoon connecting with a wonderful community of like-minded witches over homemade herbal teas. Whether you are completely new to witchcraft or have been walking the path for many years, this gathering has been created as a welcoming space to learn, practise and celebrate the turning of the Wheel of the Year together. You can find the booking link below if you would like to join us. I would absolutely love to see you there. https://www.eventbrite.co.uk/e/1995695286324?aff=oddtdtcreator Join us in The Hedge & Hollow for a Circe Summer with our August theme - This month we journey to the mythical island of Aeaea to meet one of the most fascinating witches in mythology – Circe. Often remembered as the enchantress who transformed men into pigs however there is far more to her story. Circe is a woman of solitude, exile, herbal wisdom, magick, transformation and self sovereignty. Her island becomes a place of initiation where those who arrive are forever changed. Throughout the month we will explore Circe through mythology, folklore and practical witchcraft discovering what her story can teach us about reclaiming our own power and embracing the transformations life asks of us. Across this month we will look at - A deeper exploration of Circe's mythology - looking beyond the familiar tales to uncover the symbolism and wisdom hidden within her story. A guided meditation transporting you to Circe's island where you will meet Circe herself and discover the messages she has waiting for you. Two Hedge Witch studies exploring the magical folklore, history and correspondences of Hellebore and Cypress. Two plants deeply connected with liminality, death, rebirth and the ancient witch's path. Practical witchcraft including a beautiful Transformation Oil inspired by Circe's magick alongside banishing practices, reflection and spellcraft to support your own personal transformation. This month will lean into embracing our own transformations and moving towards them with courage, wisdom and compassion. I'll see you on Circe's island. Find my Patreon The Hedge & Hollow here - https://patreon.com/TheHedgeandHollow?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink Find my Etsy store here for zines, witch boxes, spell candles and altar posters here - https://www.etsy.com/shop/TheWhiteWitchCompany?ref=seller-platform-mcnav Instagram - https://www.instagram.com/thewhitewitchpodcast/?hl=en For PR enquiries etc please email carly@thewhitewitchcompany.co.uk Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Have you not made a hedge around him, around his household, and around all that he has on every side? Job 1:10Send us a Message
Strong opinions loosely held? This is probably not as good of an idea as it seems. Instead of producing confidence, it might produce overconfidence. Michael Natkin joins Tom and Russ to discuss the problems with this mantra.
Clare people are being urged to take advantage of a seasonal road safety grant which is now available. The local authority will be paying out €25,000 over the next two months under the Hedge Cutting Scheme. The grant which is available to landowners and community groups is payable at €75 per km of hedgerow. Kilmurry Fianna Fáil Councillor Alan O'Callaghan says it's hugely important.
✔️ Bitcoin has broken out of the linear falling wedge ✔️ We're about to have our first cycle that's aligned with the business cycle in 6 years✔️ Hedge funds on CME flipped net long BTC futures✔️ Larger players have been steadily accumulating.✔️ The Bitcoin Power Law model suggests BTC should be ~$175,000 today✔️ Bitcoin has bottomed against the US stock market.✔️ BTCPayserver donating to sparrow wallet & the RED team✔️ BPI Publishing open letter to worlds leading AI labs✔️ Notice of ICANN .bitcoin TLD community application✔️ Clarity Act Update ✔️ BIP-110 ✔️ Blast from the past ✔️ Sources:► https://x.com/superbitcoinbro/status/2086944121273672120► https://x.com/philc411/status/2086948347907080350► https://x.com/RonSwanonson/status/2086667570367836196► https://x.com/philc411/status/2086960864834244943► https://x.com/ki_young_ju/status/2086684024173727783► https://x.com/killaxbt/status/2086800481704403222► https://x.com/philc411/status/2087197685912571987► https://x.com/IIICapital/status/2087181176146428369► https://x.com/gordongekko/status/2087194199376404584► https://x.com/btcpayserver/status/2086875600103367109► https://x.com/bitcoinpolicy/status/2086872430639771675► https://x.com/alexbosworth/status/2086836074115109201► https://x.com/wiz/status/2085029140453830725► https://x.com/wiz/status/2087148145105080750► https://x.com/theblockco/status/2087025939389845758► https://x.com/pete_rizzo_/status/208726719962275856► https://x.com/watcherguru/status/2087232342905536833► https://www.paulhastings.com/insights/crypto-policy-tracker/cloture-filed-on-clarity-act-motion-to-proceed-cftc-to-advance-crypto-rules-either-way-fdic-approves-digital-asset-bank-and-court-rules-for-utah-on-event-contracts► https://x.com/peterktodd/status/2087194653019746734► https://x.com/mrhodl/status/2087181358468567052► https://x.com/mononautical/status/2087182951721402445► https://x.com/darosior/status/2087185233346986168► https://x.com/stutxo/status/2087300136934264992► https://x.com/grassfedbitcoin/status/2087251876442251683► https://x.com/gmoneypepe/status/1866684816542032323► DONATE TO HELP KEONNE AND BILL https://www.change.org/p/stand-up-for-freedom-pardon-the-innocent-coders-jailed-for-building-privacy-tools✔️ Check out Our Bitcoin Only Sponsors!► https://archemp.co/Discover the pinnacle of precision engineering. Our very first product, the bitcoin logo wall clock, is meticulously machined in Maine from a solid block of aerospace-grade aluminum, ensuring unparalleled durability and performance. We don't compromise on quality – no castings, just solid, high-grade material. Our state-of-the-art CNC machining center achieves tolerances of 1/1000th of an inch, guaranteeing a perfect fit and finish every time. Invest in a product built to last, with the exacting standards you deserve.► Join Our telegram: https://t.me/theplebunderground#Bitcoin #crypto #cryptocurrency #dailybitcoinnews #memecoinsThe information provided by Pleb Underground ("we," "us," or "our") on Youtube.com (the "Site") our show is for general informational purposes only. All information on the show is provided in good faith, however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability, or completeness of any information on the Site. UNDER NO CIRCUMSTANCE SHALL WE HAVE ANY LIABILITY TO YOU FOR ANY LOSS OR DAMAGE OF ANY KIND INCURRED AS A RESULT OF THE USE OF THE SHOW OR RELIANCE ON ANY INFORMATION PROVIDED ON THE SHOW. YOUR USE OF THE SHOW AND YOUR RELIANCE ON ANY INFORMATION ON THE SHOW IS SOLELY AT YOUR OWN RISK.
✔️ Bitcoin has broken out of the linear falling wedge ✔️ We're about to have our first cycle that's aligned with the business cycle in 6 years✔️ Hedge funds on CME flipped net long BTC futures✔️ Larger players have been steadily accumulating.✔️ The Bitcoin Power Law model suggests BTC should be ~$175,000 today✔️ Bitcoin has bottomed against the US stock market.✔️ BTCPayserver donating to sparrow wallet & the RED team✔️ BPI Publishing open letter to worlds leading AI labs✔️ Notice of ICANN .bitcoin TLD community application✔️ Clarity Act Update ✔️ BIP-110 ✔️ Blast from the past ✔️ Sources:► https://x.com/superbitcoinbro/status/2086944121273672120► https://x.com/philc411/status/2086948347907080350► https://x.com/RonSwanonson/status/2086667570367836196► https://x.com/philc411/status/2086960864834244943► https://x.com/ki_young_ju/status/2086684024173727783► https://x.com/killaxbt/status/2086800481704403222► https://x.com/philc411/status/2087197685912571987► https://x.com/IIICapital/status/2087181176146428369► https://x.com/gordongekko/status/2087194199376404584► https://x.com/btcpayserver/status/2086875600103367109► https://x.com/bitcoinpolicy/status/2086872430639771675► https://x.com/alexbosworth/status/2086836074115109201► https://x.com/wiz/status/2085029140453830725► https://x.com/wiz/status/2087148145105080750► https://x.com/theblockco/status/2087025939389845758► https://x.com/markartymko/status/2087195673259065796► https://x.com/pete_rizzo_/status/208726719962275856► https://x.com/watcherguru/status/2087232342905536833► https://www.paulhastings.com/insights/crypto-policy-tracker/cloture-filed-on-clarity-act-motion-to-proceed-cftc-to-advance-crypto-rules-either-way-fdic-approves-digital-asset-bank-and-court-rules-for-utah-on-event-contracts► https://x.com/peterktodd/status/2087194653019746734► https://x.com/mrhodl/status/2087181358468567052► https://x.com/mononautical/status/2087182951721402445► https://x.com/darosior/status/2087185233346986168► https://x.com/stutxo/status/2087300136934264992► https://x.com/grassfedbitcoin/status/2087251876442251683► https://x.com/gmoneypepe/status/1866684816542032323► DONATE TO HELP KEONNE AND BILL https://www.change.org/p/stand-up-for-freedom-pardon-the-innocent-coders-jailed-for-building-privacy-tools✔️ Check out Our Bitcoin Only Sponsors!► https://archemp.co/Discover the pinnacle of precision engineering. Our very first product, the bitcoin logo wall clock, is meticulously machined in Maine from a solid block of aerospace-grade aluminum, ensuring unparalleled durability and performance. We don't compromise on quality – no castings, just solid, high-grade material. Our state-of-the-art CNC machining center achieves tolerances of 1/1000th of an inch, guaranteeing a perfect fit and finish every time. Invest in a product built to last, with the exacting standards you deserve.► Join Our telegram: https://t.me/theplebunderground#Bitcoin #crypto #cryptocurrency #dailybitcoinnews #memecoinsThe information provided by Pleb Underground ("we," "us," or "our") on Youtube.com (the "Site") our show is for general informational purposes only. All information on the show is provided in good faith, however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability, or completeness of any information on the Site. UNDER NO CIRCUMSTANCE SHALL WE HAVE ANY LIABILITY TO YOU FOR ANY LOSS OR DAMAGE OF ANY KIND INCURRED AS A RESULT OF THE USE OF THE SHOW OR RELIANCE ON ANY INFORMATION PROVIDED ON THE SHOW. YOUR USE OF THE SHOW AND YOUR RELIANCE ON ANY INFORMATION ON THE SHOW IS SOLELY AT YOUR OWN RISK.
In this episode, Tevo and Brendan analyze the current crypto market trends, hedge fund positioning, institutional involvement, and macroeconomic factors influencing Bitcoin and Ethereum. They explore the implications of recent data points, regulatory developments, and infrastructure growth for future market movements.Check out Omaha Steaks and use my code BEEF for a great deal: https://www.omahasteaks.comCheck out Scribe and use my code scribe.how/CRYPTO101 for a great deal: https://scribe.comCheck out Quince: https://quince.com/CRYPTO101Check out Shopify: https://shopify.com/crypto101Check out ShipStation and use my code crypto for a great deal: https://www.shipstation.comGet my #1 altcoin pick for this month.Get immediate access to my entire crypto portfolio for just $1.00 today! Get your FREE copy of "Crypto Revolution" and start making big profits from buying, selling,Get immediate access to my entire crypto portfolio.. just $1.00 today! Go here to get access: https://www.crypto101insider.com/cryptnation-directm6pypcy1?utm_source=Internal&utm_medium=YouTube&utm_content=Podcast&utm_term=20250916Get your FREE copy of "Crypto Revolution: Your Guide To The Future of Money". In this book, I reveal how to make (and keep) a fortune during this crypto bull run! http://www.cryptorevolution.com/free?utm_source=Internal&utm_medium=YouTube&utm_content=Podcast&utm_term=20250916Chapters00:00 Market overview and current sentiment00:34 Hedge fund positioning and historical context02:10 Signs of bullish exhaustion and potential bottoming06:24 Institutional activity: Bitcoin treasury and regulatory outlook08:12 Traditional finance's increasing involvement in crypto10:50 Global regulatory developments and adoption trends17:51 Stablecoin growth and future opportunities21:09 Infrastructure expansion and long-term positioning23:26 Interest rate environment and macroeconomic signals29:01 Housing market dynamics and potential impacts30:32 Interactive visualization of market sentimentSubscribe to YouTube for Exclusive Content:https://www.youtube.com/@crypto101podcast?sub_confirmation=1Follow us on social media for leading-edge crypto updates and trade alerts:https://twitter.com/Crypto101Podhttps://instagram.com/crypto_101*This is NOT financial, tax, or legal advice*Boardwalk Flock LLC. All Rights Reserved ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬Fog by DIZARO https://soundcloud.com/dizarofrCreative Commons — Attribution-NoDerivs 3.0 Unported — CC BY-ND 3.0 Free Download / Stream: http://bit.ly/Fog-DIZAROMusic promoted by Audio Library https://youtu.be/lAfbjt_rmE8▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬Our Sponsors:* Check out Omaha Steaks and use my code BEEF for a great deal: https://www.omahasteaks.com* Check out Quince and use my code quince.com/CRYPTO101 for a great deal: https://www.quince.com* Check out Scribe and use my code scribe.how/CRYPTO101 for a great deal: https://scribe.com* Check out ShipStation and use my code crypto for a great deal: https://www.shipstation.com* Check out Shopify and use my code shopify.com/crypto101 for a great deal: https://www.shopify.comAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Hedge funds are back in focus as elevated stock-bond correlations challenge traditional portfolio construction. In this episode, Kumar Panja, EMEA head of Capital Advisory Group at J.P. Morgan, sits down with Joe Dowling, global head of Blackstone's Multi-Asset Investing business (BXMA), and Riad Abrahams, head of Strategy, Risk and Quant Analytics in BXMA. Together, they discuss how Blackstone evaluates and partners with hedge fund managers, how they think about diversification versus “di-worsification” and why drawdown correlation matters as much as headline performance. They also explore the rise of managed accounts and seeding, the role of leverage and crowded positioning and how data and AI could reshape the next era of hedge fund edge. This episode was recorded on June 26, 2026. The podcast's views do not necessarily reflect those of J.P. Morgan Chase & Co. or its affiliates (together “J.P. Morgan') and are not from J.P. Morgan's Research Department. They do not constitute recommendations or offers to buy or sell securities. Intended for institutional and professional investors, not retail use, it is for informational purposes only. Products and services mentioned may not suit all investors or be available in all jurisdictions. The information contained in this podcast shall not form the primary basis of any investment decision. It is the user's responsibility to independently confirm the information and to obtain any other information deemed relevant to any investment decision. J.P. Morgan makes no representation or warranty (express or implied) regarding the fairness, accuracy, fitness for purpose, correctness or completeness of the statements, opinions, estimates, conclusions and other information contained in this podcast and J.P. Morgan accepts no responsibility whatsoever for any loss, direct or indirect, arising in connection therewith. J.P. Morgan may make markets and trade in discussed securities and asset classes. Visit www.jpmorgan.com/disclosures/salesandtradingdisclaimer for more disclaimers and regulatory disclosures. External speakers' opinions are personal and not J.P. Morgan's views. @2026 JPMorgan Chase & Company. All rights reserved.
Recorded February 15, 2026 - Sunday Morning Service
Is political influence being turned directly into private profit? From selling insider access for $100,000 a month to stock trades timed around major announcements, political financial maneuvering has reached a whole new level. Michael Steele breaks down the intricate web of influence and asks the critical question: when does the American public finally say enough?Catch Michael Steele on The Weeknight Mondays - Fridays at 7pm EST on MSNBC: https://www.msnbc.com/weeknightFollow Michael on X: https://x.com/MichaelSteeleFollow Michael on Bluesky: https://bsky.app/profile/michaelsteele.bsky.socialFollow Michael on Instagram: https://www.instagram.com/chairman_steele/Follow Michael on Threads: https://www.threads.net/@chairman_steeleListen to The Michael Steele Podcast: https://podcasts.apple.com/us/podcast/the-michael-steele-podcast/id1412905534Watch The Michael Steele Podcast: https://www.youtube.com/playlist?list=PLJNKzTkCZE9uNqPiKYw5eU5YkS_mMsr6oIf you enjoyed this, be sure to share it with a friend!
Derek Moore is joined by Mike Snyder and Shane Skinner this week to talk about a jobs report the market read as bad news is good news: payrolls up just 23,000 versus 80,000 expected, the prior two months revised down by 103,000, and participation slipping to 61.4%, the lowest since February 2021, even as unemployment fell to 4.1%. Daniel Lacalle argues the Fed is already weighing on the labor market, yet overnight index swaps still price about 1.7 hikes by mid-2027 — so are hikes really off the table? Plus, the US Dollar Index breakout, why there aren't 10% pre-tax US Treasuries, and how the SpaceX share unlock could lift its Nasdaq-100 weight from roughly 1.3% to 3.1%. Nonfarm payrolls added just 23,000 jobs in July versus 80,000 expected. The prior two months were revised down by a combined 103,000 jobs. Private payrolls rose 30,000 and manufacturing added 5,000. The unemployment rate ticked down to 4.1%. Daniel Lacalle argues the Fed is already hurting the labor market and hikes aren't justified. Labor force participation fell to 61.4%, the lowest since February 2021 per Charlie Bilello. Average hourly earnings rose 3.2% year over year versus 3.5% expected. Overnight index swaps now price about 1.7 hikes by mid-2027 with the implied rate near 4.05%. Why is the market pricing hikes rather than cuts after a soft jobs number? J.C. Parets asks whether the US Dollar Index breakout is a big deal. What a stronger dollar means for multinationals and commodities. Eric Balchunas notes the Middle East oil shipping futures ETF is up 1,294% year to date Drewry's WCI container freight benchmark sits at 4,297.46 per 40-foot box What rising freight and shipping rates signal about goods inflation ahead. How Nasdaq-100 weighs an adjusted market cap: SpaceX at roughly $1.5 trillion with about 5% free float SpaceX has a 15% factor, or about $225 billion effective cap and roughly a 1.3% index weight. If free float jumps to 12%, the factor jumps to 36%, based on today's price would raise weight to 3.1% Mentioned in this Episode Derek Moore's book Broken Pie Chart https://amzn.to/3S8ADNT Jay Pestrichelli's book Buy and Hedge https://amzn.to/3jQYgMt Derek's book on public speaking Effortless Public Speaking https://amzn.to/3hL1Mag
Chris Markowski, the Watchdog on Wall Street, discusses the harsh realities of the financial world, focusing on the recent collapse of hedge funds, the dangers of leverage, and the importance of accountability in investing. He emphasizes the need for patience and diligence in financial planning, warning against the allure of shortcuts and speculative investments. Markowski also critiques the role of special purpose vehicles in the market and advocates for a more responsible approach to wealth building.
We often talk about "human infrastructure" in network engineering--but what does this mean, and how do we help engineers "produce" while helping them to flourish as individuals? Catherine Hicks joins Tom and Russ to discuss the psychology of software engineering, and how the lessons learned apply to network engineering. https://media.blubrry.com/hedge/media.blubrry.com/hedge/content.blubrry.com/hedge/hedge-315.mp3 download You can find Catherine's new book on the psychology of software engineering here. If you would like to follow Catherine's writing in this area, including the impact of AI on work, you can find her blog here. You can connect with Catherine on LinkedIn.
There's something strange going on with the grain supply in 2026 that we need to talk about... And this got me curious about the origins of grain and how we can celebrate Lammas in a more meaningful way. Let's talk about where the world is at with wheat, corn and rice these days, and then muse about how we can learn from our ancestors to live more resilient and grateful lives... Watch on YouTube Join the Hedge, Hearth & Harvest Patreon Make a one-time or monthly donation to support the show
Is the classic 60/40 portfolio really obsolete, or are investors making a costly mistake by abandoning bonds? Lance Roberts & Jon Penn examine why fixed income still plays a critical role in portfolio construction, risk management, and long-term wealth preservation. We'll discuss why bonds remain valuable despite recent volatility, how they can improve diversification, and why chasing all-equity returns may expose investors to unnecessary risk. If you've been told that "bonds are dead," this conversation offers a different perspective backed by history and current market conditions. 0:00 INTRO 1:12 - Space-X First Report Preview 4:16 - Market Consolidation Continues 6:00 - Sometimes the Best Thing to Do is Nothing 8:57 - Space-X Options? 9:44 - 60/40 Portfolio is Dead? 13:41 - The Case Against Bonds 19:16 - Correlation Matters 24:09 Why Gold Does Not Belong in Bond Side of Portfolio 28:07 - Why We Own Certain Assets 31:02 - Understanding Beta 36:11 - Never Look at Bonds as a Hedge for Inflation 38:35 - Investing when it's "Safe" 39:36 - Inflation is not a Bad Thing 44:50 - Own Bonds, not ETF's Chief Investment Strategist, Lance Roberts, CIO, w Senior Investment Advisor, Jonathan Penn, CFP Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/9KGokK9tGuA ------- Articles mentioned in this report: "Bonds In Your Portfolio: Why Ditching Them Is The Wrong Move" https://realinvestmentadvice.com/resources/blog/bonds-in-your-portfolio-why-ditching-them-is-the-wrong-move/ "AI Bear Case: What Skeptics Get Right And Wrong" https://realinvestmentadvice.com/resources/blog/ai-bear-case-what-skeptics-get-right-and-wrong/ "The Momentum Crash: Is It Over?" https://realinvestmentadvice.com/resources/blog/the-momentum-crash-is-it-over/ -------- Watch today's "Before the Bell" premarket commentary, "Markets Defy the Breakdown" https://youtu.be/Op2rlRHPdaU ------- Watch our previous show, "The Momentum Crash: Is It Over?" https://youtube.com/live/XLZMmL1p-H0 ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- * REGISTER for our next Dynamic Learning Series, "Savvy Social Security Planning: More Income, Less Worry," Thursday, August 6, 2026: https://streamyard.com/watch/tQ3PS8hd64mt --- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN --- Subscribe to SimpleVisor : https://www.simplevisor.com/register-new --- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #StockMarket #SP500 #Investing #TechnicalAnalysis #RiskManagement #Bonds #PortfolioManagement #RetirementPlanning #AssetAllocation
Is the classic 60/40 portfolio really obsolete, or are investors making a costly mistake by abandoning bonds? Lance Roberts & Jon Penn examine why fixed income still plays a critical role in portfolio construction, risk management, and long-term wealth preservation. We'll discuss why bonds remain valuable despite recent volatility, how they can improve diversification, and why chasing all-equity returns may expose investors to unnecessary risk. If you've been told that "bonds are dead," this conversation offers a different perspective backed by history and current market conditions. 0:00 INTRO 1:12 - Space-X First Report Preview 4:16 - Market Consolidation Continues 6:00 - Sometimes the Best Thing to Do is Nothing 8:57 - Space-X Options? 9:44 - 60/40 Portfolio is Dead? 13:41 - The Case Against Bonds 19:16 - Correlation Matters 24:09 Why Gold Does Not Belong in Bond Side of Portfolio 28:07 - Why We Own Certain Assets 31:02 - Understanding Beta 36:11 - Never Look at Bonds as a Hedge for Inflation 38:35 - Investing when it's "Safe" 39:36 - Inflation is not a Bad Thing 44:50 - Own Bonds, not ETF's Chief Investment Strategist, Lance Roberts, CIO, w Senior Investment Advisor, Jonathan Penn, CFP Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/9KGokK9tGuA ------- Articles mentioned in this report: "Bonds In Your Portfolio: Why Ditching Them Is The Wrong Move" https://realinvestmentadvice.com/resources/blog/bonds-in-your-portfolio-why-ditching-them-is-the-wrong-move/ "AI Bear Case: What Skeptics Get Right And Wrong" https://realinvestmentadvice.com/resources/blog/ai-bear-case-what-skeptics-get-right-and-wrong/ "The Momentum Crash: Is It Over?" https://realinvestmentadvice.com/resources/blog/the-momentum-crash-is-it-over/ -------- Watch today's "Before the Bell" premarket commentary, "Markets Defy the Breakdown" https://youtu.be/Op2rlRHPdaU ------- Watch our previous show, "The Momentum Crash: Is It Over?" https://youtube.com/live/XLZMmL1p-H0 ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- * REGISTER for our next Dynamic Learning Series, "Savvy Social Security Planning: More Income, Less Worry," Thursday, August 6, 2026: https://streamyard.com/watch/tQ3PS8hd64mt --- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN --- Subscribe to SimpleVisor : https://www.simplevisor.com/register-new --- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #StockMarket #SP500 #Investing #TechnicalAnalysis #RiskManagement #Bonds #PortfolioManagement #RetirementPlanning #AssetAllocation
Ryan Dykmans cautions investors to carefully monitor inflation amidst an "exuberance" pertaining to Iran/U.S. talks on reopening the Strait of Hormuz. He says people should manage their risk and look at how they balance equities to fixed income. Ryan believes sticky inflation is the "number 1 thing" people are watching, but going forward he still sees supply-chain constraints affecting inflation to the upside. ======== 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
Jordi Visser is a veteran macro investor with 30+ years of experience and the author of the VisserLabs Substack. In this conversation, we break down the Leopold Aschenbrenner hedge fund unwind, the market crashes in South Korea and Japan, Kevin Warsh and the Fed's next move, and the case for compute scarcity as AI demand outpaces supply. We also discuss tokenization and why bitcoin remains the ultimate hedge and store of value in a world being reshaped by AI.======================Arch Public is an agentic trading platform that automates investment strategies across Stocks, Commodities, ETFs and Crypto. Whether you're rotating into AI & Gold, allocating to the S&P 500, or accumulating Bitcoin, Arch Public executes your plan 24/7 without ever taking custody of your assets or funds. Sign up today at https://www.archpublic.com, and start your FREE automated trading strategy! ======================Figure's $160k Community Appreciation (https://www.figure.com/crypto-community-appreciation/T&Cs (https://www.figure.com/crypto-community-appreciation/disclosures/) Need liquidity without selling your crypto? Take out a Figure Crypto-Backed Loan, allowing you to borrow against your BTC, ETH, or SOL with 12-month terms, 8.91% interest rates, and no prepayment penalties. Or check out Democratized Prime (https://figuremarkets.co/pomp) and earn ~8.5% APY on real world assets.Unlock your crypto's potential today at Figure! https://figuremarkets.co/pomp Figure Lending LLC dba Figure (NMLS 1717824). Loans subject to approval. Crypto collateral may be liquidated. Terms apply - see full disclosures at http://figure.com/disclosures/======================0:00 - Intro0:48 - Leopold's fund unwind & lessons from past blowups 9:21 - Hedge fund leverage & how AI is reshaping market structure11:45 - Korea & Japan's market collapse13:56 - AI will destroy all public companies?15:20 - The bull case for hyperscalers & compute scarcity27:44 - Why bitcoin is the best hedge fund ever29:12 - Kevin Warsh & the Fed33:48 - Does this help Wall Street or Main Street?36:47- Advice for a 25-year-old starting their career today41:18 - Bitcoin & the rest of crypto industry48:52 - Migration, digital money & the breakdown of borders57:56 - What Jordi is covering in his next video
Sometimes we can be so focused on the problems in front of us that we forget the people who are following in our footsteps. Michael McCollum, a new network engineer, joins Tom and Russ to ask questions about life as a network engineer.
When you have nowhere to turn, you're not alone because the very presence of God stands with you there and will bring you through it. -------- Thank you for listening! Your support of Joni and Friends helps make this show possible. Joni and Friends envisions a world where every person with a disability finds hope, dignity, and their place in the body of Christ. Become part of the global movement today at www.joniandfriends.org. Find more encouragement on Instagram, TikTok, Facebook, and YouTube.
Derek Moore is joined by Mike Snyder and Shane Skinner this week to talk about whether the Mag 7 companies have a free cash flow problem compared to historical payout ratios. Then, they look at the relationship in price action between SpaceX and Tesla. Later, what does the options market say about next week's Apple and Microsoft earnings reports? Oh yea, they touch on Strategy changing how it calculates the preferred STRC Sharp ratio, the US Dollar Index breaking out, oil prices, and much more. Do Mag 7 companies have a free cash flow problem? Comparing Mag 7 payout ratios to historical levels How rising cap ex is squeezing free cash flow The relationship in price action between SpaceX and Tesla What does the options market imply for next week's Apple earnings? Comparing earnings implied volatility in AAPL vs MSFT Strategy changes how it calculates the preferred STRC Sharpe ratio The US Dollar Index breaks out Where oil prices go from here Lots of dispersion under the surface of the S&P 500 Mentioned in this Episode Derek Moore's book Broken Pie Chart https://amzn.to/3S8ADNT Jay Pestrichelli's book Buy and Hedge https://amzn.to/3jQYgMt Derek's book on public speaking Effortless Public Speaking https://amzn.to/3hL1Mag Contact Derek derek.moore@zegainvestments.com
There's a version of the life insurance conversation that comes with a velvet rope. Someone from the private client side of a bank or advisory firm tells you they have something they don't discuss with just anybody, and then they start explaining private placement life insurance. We've been on the receiving end of that call. This week we walk through what PPLI actually is, why the pitch sounds so good, and why the math almost never gets there. The concept is simple enough. Hedge funds and private equity throw off the kind of income that creates real tax headaches for high earners. So wrap the whole thing inside a life insurance policy and let the tax treatment of life insurance do the heavy lifting. If that sounds a lot like variable universal life to you, you're not wrong. Mechanically, it's the same animal with a different label on the investment sleeve. The problem is what happened after the idea got popular. Webber v. Commissioner settled the question of whether you get to hand-pick the funds inside the policy. You don't. The investor control doctrine requires you to stay out of the selection process entirely, which means what you actually own is an insurance-dedicated fund — a fund of funds, buying pieces of whatever managers are willing to participate. The managers with money beating down their door generally aren't willing to participate. Which tells you something about what ends up on the menu. Then there's everything else. A multi-million dollar, multi-year premium commitment you can't simply stop making. Less accessible cash value than a well-designed policy gives you. Insurance charges that run higher than what we see on indexed universal life, plus a separate layer of expense for owning the investments. And a very real possibility that the account goes down, because there's no floor under any of it. We also get into the bill Senator Wyden introduced in April 2026, which would strip life insurance tax treatment from most private placement contracts and would apply to policies already in force. It probably isn't going anywhere in this Congress. But things like it have a way of hanging around, coming back, and eventually getting compromised into law in some smaller form. Our conclusion after going through all of it: for nearly everyone being shown a PPLI proposal, a properly designed minimum non-MEC indexed universal life policy does the same job. Far less money required to start, far more access to your cash, and none of the compliance or legislative tail risk. Life insurance stands on its own merits. It doesn't need backroom secrecy to be worth owning. Been pitched PPLI and want a second opinion? Send us a message and tell us what you're looking at, or book a call and we'll walk through the numbers with you.
Hello Witches The Buck Moon rises at the height of summer when the forests and fields are alive with abundance and the stag carries his newly grown antlers. In this month's Full Moon episode we are exploring the deeper symbolism of the Buck Moon and what this powerful lunar phase invites us to reflect upon. Together we will journey through its folklore, mythology and spiritual meaning discovering why the stag has become such a powerful symbol of renewal, resilience and personal sovereignty. We will also explore the deities and spirits traditionally connected to this moon including Cernunnos, Herne the Hunter, Pan, Artemis, Diana and the mythical Norse stag Eikthyrnir whose antlers were said to nourish the rivers of the world. We will touch upon the earth spirits and fae associated with this season and consider how the natural world mirrors our own inner cycles of growth. I hope this episode encourages you to honour how far you have already come, celebrate your own becoming and remember that just like the stag, your greatest strength often grows quietly before the world ever sees it. Rituals referenced can be found here - https://www.themoonschool.org/full-moon/5-full-buck-moon-rituals-july/?utm_source=Pinterest&utm_medium=organic Tarot card reference - https://soulsisterstarot.com/if-the-buck-moon-were-a-tarot-card-king-of-wands-meaning Deer Symbolism - https://soulsisterstarot.com/buck-moon-symbols-and-omens?utm_source=Pinterest&utm_medium=organic Crowned by Sunlight - Find my Lammas zine and witch box here - https://www.etsy.com/uk/listing/4323670327/crowned-by-sunlight-a-lammas-witch-box https://www.etsy.com/uk/listing/4323665554/crowned-by-sunlight-a-lammas-grimoire The Coven - Join me in Lincolnshire from this autumn for monthly in person gatherings - for witches, seekers and lovers of folklore and magick - lessons, folklore, meditation & community - more details here and to follow - https://www.patreon.com/TheHedgeandHollow/posts/coven-autumn-164633973?utm_medium=clipboard_copy&utm_source=copyLink&utm_campaign=postshare_creator&utm_content=join_link Lammas Gathering - Thursday 30th July from 7pm via Zoom For this circle we gather to honour the first harvest and reflect upon one of nature's greatest teachings - “The Earth asks, what are you willing to sacrifice for what must live?” When we hear the word sacrifice we often think of loss, but nature tells a different story. The wheat cannot become bread while it remains standing in the field, the fruit must be picked before it begins to nourish. Every harvest asks us to release one form so that another may emerge. Lammas reminds us that growth is not only about planting new seeds but is also about recognising what has fulfilled its purpose and having the courage to let it go. Together we will explore what we have cultivated over the past year, celebrate the blessings already ripening in our lives and gently ask ourselves what we are ready to release so that something even more meaningful can flourish. As the Wheel of the Year begins its slow turn towards autumn, Lammas invites us to pause before the rush of the coming seasons. It asks us to acknowledge how far we have come, gather the wisdom we have earned and consciously choose what we wish to carry forward. Sign up through The Witches who run with the Wolves tier in The Hedge & Hollow - Patreon - https://patreon.com/TheHedgeandHollow?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink Our theme in The Hedge & Hollow for July is The Storyteller. This month we step beyond the pages of the storybook and into the enchanted forest itself. Together we will explore how folklore has shaped our understanding of the world for centuries, uncover the archetypes that continue to guide us today and discover that the stories we return to are often mirrors reflecting our own journeys of becoming. Whether you have always loved fairy tales or have never looked beyond them as childhood stories I hope you will discover that behind every enchanted forest, witch's cottage and magical transformation lies timeless wisdom that still speaks to us today. We will explore - The stories we inherit and the stories we choose to live by Discover how the narratives we tell ourselves quietly shape our lives and why changing your story may be the first step towards changing your future. The archetypes that live within us Meet the Wild Woman, the Witch, the Wise Woman, the Maiden, the Crone and the Fairy Godmother exploring how these timeless figures continue to guide us through different seasons of our lives. Folklore as a map for transformation We will uncover why fairy tales were never simply entertainment but symbolic maps leading us through initiation, grief, courage, love, shadow and rebirth. The hidden language of symbols Why do forests, wolves, mirrors, apples, keys and rivers appear again and again in folklore? Together we will look at the symbolic language that has woven through myths and fairy tales for centuries. A deep dive into a beloved fairy tale Together we will journey into one traditional fairy tale uncovering its forgotten folklore, symbolism, magickal correspondences and the wisdom hidden between its pages. A guided journey to Baba Yaga's hut Deep within the forest you will meet the ancient witch herself, who will reveal the story that is ending, the story waiting to be written and the archetype currently walking beside you. The Storyteller's Grimoire Beautifully designed printable grimoire pages filled with journal prompts, symbolic correspondences, reflective exercises and invitations to begin discovering your own personal myth. Accessible through the Sorceress & Witches who run with the Wolves tier in The Hedge & Hollow - Find my Etsy store here for zines, witch boxes, spell candles and altar posters here - https://www.etsy.com/shop/TheWhiteWitchCompany?ref=seller-platform-mcnav https://patreon.com/TheHedgeandHollow?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink Instagram - https://www.instagram.com/thewhitewitchpodcast/?hl=en For PR enquiries etc please email carly@thewhitewitchcompany.co.uk Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
The War for the Crown continues as the Knights of Summer enter the forest atop Hedge Hill in Yanmass, searching for what the Kozan Bravos were sent to find by the Earl Merkondus. Support us on Patreon to access our actual play of the Tyrant's Grasp Adventure Path, with new episodes every Monday, and other [...] The post War for the Crown Episode 150: Hedge Hill appeared first on Find the Path Ventures.
In this SG Deep Dive, Dan Krikorian, Patrick Carney, and Eric Fawcett examine how offenses are attacking the hedge-and-plug pick-and-roll coverage that continues to spread throughout European and modern basketball.The conversation begins with why the coverage has become so effective. Hedge and plug allows the defense to pressure the ball without fully committing two defenders, protect the short roll, and remain compact behind the play. Because many offenses still rely on two quick passes to escape the hedge, defenses have also become increasingly prepared for the rotations that follow.From there, the group explores ways to create an advantage before the defense can settle. They break down rejecting the hedge, using Gortat screens against the recovering big, flipping or hooking the screening angle, “sticking” the plug defender, and flowing into boomerang rescreens that can turn the original hedge into a drop or switch.A central theme is the micro closeout faced by the on-ball defender after disengaging to plug the roll. The discussion covers how offenses can attack that vulnerable footwork, along with defensive teaching points involving stance, handwork, jump timing, and calculated risk.The episode also revisits Dave Collins' idea of coaching as “informed art.” The group discusses blending cognitive science, ecological dynamics, the constraint-led approach, and predictive processing while still accounting for the players, context, and human feel of coaching.They close with the European teams and playoff series currently filling their film queues. What You'll Learn Why hedge and plug can create ball pressure while keeping the rest of the defense compact. How advanced defenses are solving the pick-and-roll two-on-two and preparing for the offense's second pass. Why rejecting the hedge can expose the on-ball defender's moment of disengagement. How to use Gortat screens, flip screens, and boomerang rescreens against the recovering big. What the group means by a micro closeout, and why it gives the ball handler an immediate advantage. Teaching considerations for the plug defender's footwork, hand positioning, and jump timing. Why offenses need to generate an advantage inside the initial ball-screen action instead of simply accepting the coverage. How coaches can blend cognitive science, ecological dynamics, and predictive processing without becoming tied to a single framework. Why good practices and wins deserve the same level of reflection as poor performances. Teams and playoff series worth studying across the Spanish ACB and European basketball.To join coaches and championship winning staffs from the NBA to High School from over 70 different countries taking advantage of an SG Plus membership, visit HERE!
The dollar held steady after the Iran talks while the British pound dropped on political upheaval, the Japanese yen neared 40-year lows, and the Indian rupee snapped a winning streak — all in the same week. Currency moves of this magnitude have real implications for international investment returns, inflation, and the relative attractiveness of global markets.Today's Stocks & Topics: Apple Inc. (AAPL), Market Wrap, KPP Newsletter, Inflation, CleanSpark, Inc. (CLSK), Should You Hedge Currency Risk? The Dollar, Yen, and Rupee in a Shifting Global Order, Applied Materials, Inc. (AMAT), NuScale Power Corporation (SMR), SkyWater Technology, Inc. (SKYT), Aeluma, Inc. (ALMU), Crystal Ball Trading Challenge.Our Sponsors:* Check out Anthropic and use my code Claude.ai/invest for a great deal: https://www.anthropic.com* Check out Chilipad and use my code sleep.me/INVEST for a great deal: https://sleep.me* Check out Plaud AI and use my code INVEST for a great deal: https://plaud.ai* Check out Progressive: https://www.progressive.com* Check out Quince and use my code quince.com/invest for a great deal: https://www.quince.com* Check out TaskRabbit and use my code INVEST for a great deal: https://taskrabbit.com* Check out TruDiagnostic and use my code INVEST20 for a great deal: https://www.trudiagnostic.comAdvertising Inquiries: https://redcircle.com/brands
© 2020-2026 Ivy Podcast Discovery LLC
