Podcasts about ISM

RenMac breaks down why light tax refunds and narrow consumption growth are challenging the bullish economic narrative, even as AI capex continues to carry investment. The team explores falling Treasury yields despite “good” data, extreme tech momentum reminiscent of 2000, and cracks forming beneath the surface in software and breadth. They also cover late-cycle sector rotation into energy and defensives, housing and AI power politics in Washington, and what next week's ISM, jobs, and retail sales could mean for growth expectations and market leadership.

Lewis Weiss hosts another Manufacturing Round Table with economist Cliff Waldman and Chris Kuehl to compare the January Federal Reserve industrial production release and the ISM report. After a year-long manufacturing slump, they point to improving signals: manufacturing within industrial production rose 0.8% month over month with broad-based gains, and the ISM index climbed to 52.7, moving above the 50 expansion threshold. The discussion widens to global uncertainty affecting supply chains, shifting trade patterns as China routes production through other countries, and concern that U.S. policy risks damaging critical trade and supply-chain ties with Canada. They also highlight workforce shortages, demographics,  and unclear ROI from rapid AI investment.   00:00 Welcome and Agenda 01:45 Why These Reports Matter 02:22 Fed and ISM Show Uptick 03:24 Caution and Tariff Drag 04:54 Capital Spending on Hold 07:11 Global Uncertainty and Supply Chains 10:02 China Trade Shifts and Workarounds 13:28 Canada Risks and North America 17:48 Looking Ahead to 2026 19:05 Workforce Shortage and AI Hype 21:02 Training Pipelines and Demographics 27:24 Financing Manufacturing Startups 28:42 Wrap Up and Final Takeaways   Reports: January 2026 ISM® Manufacturing PMI® Report: https://www.ismworld.org/supply-management-news-and-reports/reports/ism-pmi-reports/pmi/january/ January Federal Reserve Statistical Release: https://www.federalreserve.gov/releases/g17/current/g17.pdf Learn more about your ad choices. Visit megaphone.fm/adchoices

Markets were mixed Thursday, with large caps pressured by weakness in mega-cap tech and semis even as small caps and equal-weight performance held up better on a rotation toward software and select cyclicals. Cross-asset moves were modest overall, with slightly lower Treasury yields after a solid 7-year auction and oil fading from earlier strength on headlines around U.S.–Iran talks. The day's focus stayed on earnings and the near-term macro calendar, with attention turning to Friday's PPI and next week's ISM data.

Ismét gyermekrajzpályázatot hirdet a Liszt Múzeum

In this episode, we discussed the best practices of social media outreach and its effectiveness with two best-practice groups in the ISM domain. It's long, but it's worth it.

As global supply chains fracture, AI reshapes productivity, and technology becomes a core instrument of national power, India is making an ambitious push to redefine its role in the world economy from IT services provider to deep tech superpower.In the season 2 premiere of  TechSurge, host Sriram Viswanathan brings together three defining perspectives to examine how India is positioned to become a global leader in frontier technologies, and what must go right for that vision to succeed.The episode begins with S. Krishnan, Secretary at India's Ministry of Electronics and Information Technology, who outlines how India is treating deep tech as national infrastructure. From the India Semiconductor Mission and AI compute investments to the new RDI (Research, Development & Innovation) framework, Krishnan explains how long-horizon industrial policy is being used to derisk private capital, strengthen domestic design and manufacturing, and accelerate commercialization.Next, former G20 Sherpa Amitabh Kant places India's technology ambitions in a global context. As post-WWII institutions weaken and supply chains are redrawn, Amitabh argues that India's decade of structural reforms, digital public infrastructure, and global partnerships has created a historic opening, if India can sustain free enterprise, execution discipline, and state-level reform.Finally, T.K. Kurien, CEO and Managing Partner of Premji Inves, brings the investor and operator lens. Kurien explores why India has excelled at services and business-model innovation but lagged in core technology creation and what it will take to build globally dominant deep tech companies. From patient capital and university-led innovation to focused national bets in AI applications, biotech, and semiconductors, he outlines the path from ambition to execution.Across policy, geopolitics, and capital, one message is clear: India's deep tech future will not be decided by vision alone but by alignment between government direction, private risk-taking, and long-term discipline.If you enjoy this episode, please subscribe and leave us a review on your favorite podcast platform.Sign up for our newsletter at techsurgepodcast.com for updates on upcoming TechSurge Live Summits and future Season 2 episodes.Episode LinksIndia Semiconductor Mission (MeitY): https://www.meity.gov.in/India AI Mission & AI Kosh: https://indiaai.gov.in/National Research Foundation & RDI Scheme: https://anrf.gov.in/Premji Invest: https://www.premjiinvest.com/Timestamps00:00 India's Deep Tech Inflection Point02:05 Industrial Policy as National Infrastructure06:52 Why Government Must Catalyze Product Innovation Beyond IT Services09:13 Building the Ecosystem: Talent, Research, Diaspora Return & Startup Scale13:10 India Semiconductor Mission (ISM): What's Different This Time24:56 ISM 2.0 Plans: Fixing Design Incentives & Unlocking Risk Capital27:15 IndiaAI Mission Explained: Compute, Data (AI Kosh) & Model Development33:09 Global Order Shifts: Supply Chains, Tech Power & Introducing Amitabh Kant41:19 Alliances That Matter: China, Europe/Japan Partnerships & Why the US Is Key54:11 How Government Can Take Risk: Fund-of-Funds, R&D Incentives, and Grand Challenges57:07 Dismantle Red Tape, Build World-Class Infrastructure, 01:00:57 Why Premji Invest Focused on Growth Stage (and What Changed for Early Stage)01:03:16 India vs US Investing: Where Returns Come From and Avoiding Valuation Hype01:05:28 Building India's Startup Ecosystem: Capital, Patience, and Core Tech vs Business Models01:13:41 Three Sectors to Bet On: AI Software/Agents, Biotech Breakthroughs, and Pragmatic Semiconductors

AI’s growing appetite for power is quietly reshaping freight demand, creating new opportunities for transportation providers serving the oil and gas industry and its supporting infrastructure. In this Talking Transports podcast, Pinch Transport President Thomas Massalone joins Bloomberg Intelligence’s Lee Klaskow to discuss a niche corner of the freight market: flatbed less-than-trucking serving every major oil and gas basin in the US and Canada. Unlike traditional LTL carriers such as Old Dominion or XPO, Pinch’s demand is more tied to oil prices than to the ISM manufacturing index. Massalone also provides insight into how consolidation has strengthened specialized carriers, helping mitigate inflationary pressures and combat fraud, as well as the challenges and opportunities facing the company’s brokerage and drayage businesses.See omnystudio.com/listener for privacy information.

Roadblocks? Principalities?  Ism's, schism's and drama?  The Rev confronts it all using the Word of God with Bible Believing and Teaching conversation  on the “Let's Be Blunt With the Rev" podcast.  Books written by The Rev “Overcoming Principalities”  Amazon.com: Overcoming Principalities: 9798359750776: Whitney, D. A. (The Rev): Books “Plug Into The Power” https://www.amazon.com/Plug-into-Power-Shannon-Whitney-ebook/dp/B0837ZQVPH Email: blessed4lifeministries@gmail.com NOTE: We do not own the rights to the great music you hear on the show. However, we hope you love it as much as we do!  "Let's Be Blunt With the Rev" is a real conversation with the Rev geared toward starting a spark on the inside to produce results on the outside! Because the more you know, the more you grow! "Let's Be Blunt With the Rev" airs every second and fourth Monday of the month, at 3:00 am ET and 6:00 pm ET.

Trump visszavonta az amerikai klímapolitika legfontosabb döntését Az Epsteinnel való kapcsolata miatt lemondott az egyik legnagyobb amerikai befektetési bank vezető jogásza A mesterséges intelligencia gyűri majd le az inflációt? Nem mehetnek kislányuk közelébe a debreceni szülők, akik pucéran sétáltak vele az utcán Ellepik Budapestet a rendőrök vasárnap estig A Nagy Ő: már csak két lány van versenyben Stohl András szívéért 15 milliárd forinttal támogatja a kormány a Kometa kaposvári beruházását Ismét Albin Kurti lett Koszovó miniszterelnöke Kivonják Minnesotából az ICE ügynökeit Ezt veszik az eMAG-on Valentin-nap előtt Kínában nagyon kiakadtak az éjjel amiatt, amit Liu Shaoanggal tettek Meglehet Klaebo 8. aranya, finn–svéd rangadó a hokisoknál, pályán férfi sífutóink és utolsó pillanatos beugrónk Használjuk ki a napsütést, amíg még lehet A további adásainkat keresd a podcast.hirstart.hu oldalunkon. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Trump visszavonta az amerikai klímapolitika legfontosabb döntését Az Epsteinnel való kapcsolata miatt lemondott az egyik legnagyobb amerikai befektetési bank vezető jogásza A mesterséges intelligencia gyűri majd le az inflációt? Nem mehetnek kislányuk közelébe a debreceni szülők, akik pucéran sétáltak vele az utcán Ellepik Budapestet a rendőrök vasárnap estig A Nagy Ő: már csak két lány van versenyben Stohl András szívéért 15 milliárd forinttal támogatja a kormány a Kometa kaposvári beruházását Ismét Albin Kurti lett Koszovó miniszterelnöke Kivonják Minnesotából az ICE ügynökeit Ezt veszik az eMAG-on Valentin-nap előtt Kínában nagyon kiakadtak az éjjel amiatt, amit Liu Shaoanggal tettek Meglehet Klaebo 8. aranya, finn–svéd rangadó a hokisoknál, pályán férfi sífutóink és utolsó pillanatos beugrónk Használjuk ki a napsütést, amíg még lehet A további adásainkat keresd a podcast.hirstart.hu oldalunkon. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Genussexperte Helmut Gote hat verspielte und innovative Snacks von der Süßwarenmesse in Köln mitgebracht. Moderator Uwe Schulz probiert gerne die Fundstücke. Von WDR5.

Összeomlott az MBH rendszere, már az MNB is beavatkozik Magyar Péter szerint felmerül minden kormányzati vezető büntetőjogi felelőssége is, aki tudott a gödi Samsung-gyár emberi egészséget veszélyeztető szennyezéseiről 600-800 ezres fizetésekre licitálnak a balatoni vendéglátósok, de Horvátország így is vonzóbb Titkosszolgálati jelentés, rákkeltő anyagok, cáfolás: mi történik a gödi Samsung-gyárnál? Robban az olaj? Trumpék a veszély miatt már saját egységeikre is ráparancsoltak Ismét Magyarország lett az EU legkorruptabb országa Megszületett a döntés Ukrajna csatlakozásáról Magyarország feje fölött "Miféle torz lélek lakik magában?" – Kemény szavakkal üzent Orbán Viktornak Fekete-Győr András Iványi Gábor pere miatt Nem kertelt a kormánypárti politikus: nagyon nehéz lesz a választás Berúgta az ajtót az év eleji drágulás a lakáspiacon "Leégettem a tüdőmet, érzem a vér ízét a számban" Liu Shaoang keresztbe tett a magyaroknak a téli olimpián, de nem veszett el minden Hétvégére fenekestül felfordul időjárásunk A további adásainkat keresd a podcast.hirstart.hu oldalunkon. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Összeomlott az MBH rendszere, már az MNB is beavatkozik Magyar Péter szerint felmerül minden kormányzati vezető büntetőjogi felelőssége is, aki tudott a gödi Samsung-gyár emberi egészséget veszélyeztető szennyezéseiről 600-800 ezres fizetésekre licitálnak a balatoni vendéglátósok, de Horvátország így is vonzóbb Titkosszolgálati jelentés, rákkeltő anyagok, cáfolás: mi történik a gödi Samsung-gyárnál? Robban az olaj? Trumpék a veszély miatt már saját egységeikre is ráparancsoltak Ismét Magyarország lett az EU legkorruptabb országa Megszületett a döntés Ukrajna csatlakozásáról Magyarország feje fölött "Miféle torz lélek lakik magában?" – Kemény szavakkal üzent Orbán Viktornak Fekete-Győr András Iványi Gábor pere miatt Nem kertelt a kormánypárti politikus: nagyon nehéz lesz a választás Berúgta az ajtót az év eleji drágulás a lakáspiacon "Leégettem a tüdőmet, érzem a vér ízét a számban" Liu Shaoang keresztbe tett a magyaroknak a téli olimpián, de nem veszett el minden Hétvégére fenekestül felfordul időjárásunk A további adásainkat keresd a podcast.hirstart.hu oldalunkon. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Michael Shaoul argues the latest ISM manufacturing report represents a potential turning point. He calls it a “capitulation” of purchasing managers within the industrial sector as they can no longer say that things are bad. He thinks both the U.S. and global economies are running hot, which is visible in equity returns.======== 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

I'm back after a long pause. If you want the pods to continue on the regular, SUPPORT the project so it can.  This is a viewer/listener sponsored channel.  Without it there's no channel.  See Below to find the GiveSendGo, Patreon, and other links you can use to make sure I can continue to upload.   The Parasitic Demon Goblins with Pe'ots and a propensity for child torture have destroyed society by weaponizing women over several generations.  Feminism is another ism from the Ism makers.Many thanks for the channel campaign help. We're still a ways away from the goal. See the links below to help get the stuff we need. Thank You!Use Code BB5 here: https://SemperFryLLC.comClick Picture on the Right for the AZURE WELL products and use code BB5 for your discount.Find clickable portals to Dr Monzo and Dr Glidden on Dan's site.Join Dr. Glidden's Membership site here:https://leavebigpharmabehind.com/?via=pgndhealth⁠Code: baalbusters for 25% OFFMake Dr. Glidden Your DoctorPods & Exclusives AD-FREE!https://patreon.com/c/KristosCasthttps://buymeacoffee.com/BaalBustershttps://paypal.me/BaalBustershttps://GiveSendGo.com/BaalBustersTwitter Account: https://x.com/KristosCasthttps://open.spotify.com/show/0vtEmTteIzD2nB5bdQ8qDRWant Dan's book or his Award winning hot sauces and spicy honey?Go here: https://SemperFryLLC.comBooks and Documentaries You Should Own: https://www.bannedbyamazon.com/Use Code: BBDan for 10% OffBecome a supporter of this podcast: https://www.spreaker.com/podcast/ba-al-busters-broadcast--5100262/support.

Donate (no account necessary) | Subscribe (account required) Join Bryan Dean Wright, former CIA Operations Officer, as he dives into today's top stories shaping America and the world. In this Friday Headline Brief of The Wright Report, Bryan sounds the alarm on a clandestine Chinese biolab discovered in Las Vegas, tied to the same Chinese national behind the infamous California lab raid involving dangerous viruses, dead animals, and fraudulent COVID test schemes. He then covers explosive new inconsistencies in the Jeffrey Epstein jail death investigation, including missing evidence, conflicting officer statements, and questions the DOJ still refuses to answer. Back in Washington, Bryan breaks down the looming DHS shutdown as Democrats push demands that would effectively cripple ICE, while some Republicans float compromise plans that Bryan warns could be disastrous. The episode closes with encouraging economic and medical news, including rising wages for American truckers as illegal drivers are removed, factory growth beating expectations, falling remittances to Mexico, promising breakthroughs in cholesterol treatment, inspiring longevity research from Spain, and simple evidence that family dinners may be one of the most powerful tools to protect children.   "And you shall know the truth, and the truth shall make you free." - John 8:32     Keywords: February 6 2026 Wright Report, Chinese biolab Las Vegas garage, Reedley California lab Jiabei Zhu David He, FBI CIA biohazard investigation, Epstein jail death inconsistencies CBS DOJ IG, missing noose surveillance video questions, DHS shutdown ICE funding fight Democrats Top Ten demands, Thom Tillis ICE defunding proposal, American trucker wages rise deportations, factory growth ISM surprise, Mexico remittances drop Trump immigration, LDL cholesterol pill Texas study, longevity ultra marathon Spain Juan Lopez Garcia, family dinner mental health Tufts University

Mark Hamrick and Brian Jacobsen share takeaways from this week's labor data, with the monthly report delayed to next week due to the partial government shutdown. Brian digs into the ISM numbers, highlighting new orders staying “pretty strong, if not improving.” However, he thinks we might see the employment report revised down further next week. Mark notes that employment data has been “routinely downbeat” over the last few months. He points out that the ratio of those seeking work and job openings is no longer 1:1, with unemployment growing faster than job creation.======== 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

Nossos sócios Luiz Eduardo Portella, Tomás Goulart, Sarah Campos e Victor Ary debatem, no episódio de hoje, os principais acontecimentos da semana no Brasil e no mundo. No cenário internacional, o Banco Central Europeu manteve os juros em 2%, em uma reunião sem surpresas relevantes. Já o Banco Central da Inglaterra manteve a taxa em 3,75%, em decisão considerada dovish, com 4 votos por queda, e 5 por manutenção, além de projeções mais favoráveis para a convergência da inflação. Nos EUA, o ISM de manufaturas mostrou alta em novas ordens e produção, que parece impulsionada por recomposição e antecipação de estoques diante de incertezas tarifárias, enquanto o ISM de serviços veio estável, mas com demanda desigual entre os setores. No mercado de trabalho, o ADP veio abaixo do esperado e o número de vagas abertas recuou novamente. No campo geopolítico, EUA e Irã iniciaram negociações. No Brasil, a ata do Copom deixou aberta a possibilidade de um primeiro corte de maior magnitude que a esperada anteriormente. No campo político, a volta do Congresso e sinalizações sobre possíveis nomes para o Banco Central geraram ruído, especialmente em relação à condução da política monetária. Os nomes que tendem a ser indicados são Guilherme Mello, do Ministério da Fazenda, e Tiago Cavalcanti, professor de Cambridge. No mercado de crédito, a semana marcou uma mudança de comportamento, com abertura de spreads em debêntures tradicionais e incentivadas, principalmente em nomes mais longos. No primário, o volume foi reduzido. Houve aumento de volatilidade dos títulos de Raízen, após notícias não oficiais e recompra de títulos com cláusulas de cross default da Cosan, elevando a cautela dos investidores. Nos EUA, os juros tiveram fechamento marginal, e as bolsas seguiram com desempenho misto – S&P 500 -0,17%, Nasdaq -1,97% e Russell 2000 +2,14%. No Brasil, o jan/27 fechou 11 bps, o jan/35 abriu 20 bps, o Ibovespa subiu 0,78% e o real valorizou 0,86%. Na próxima semana, destaque para o payroll e dados de inflação nos Estados Unidos; eleições parlamentares no Japão; dados de atividade, inflação e pesquisas eleitorais no Brasil.

Celina war auf der ISM - der internationalen Süßwarenemesse und berichet von ihren Eindrücken.

In this episode of Dividend Cafe, Brian Szytel from The Bahnsen Group discusses market trends from his West Palm Beach office. The talk focuses on the recent rotation in the market from overvalued components to staples, defensives, and cyclicals. Brian highlights significant performance discrepancies in the S&P 500 and notable declines in semiconductor and software sectors, partly due to AI's impact. He provides insights into recent economic data, including ISM services and private payroll numbers, reflecting a mix of positive and weakening trends. The episode also explores the resurgence of mergers and acquisitions, emphasizing the anticipated rise in private equity deals and its implications for capital markets. 00:00 Introduction and Market Overview 00:49 AI's Impact on the Market 01:58 Economic Data Insights 02:21 Labor Market Trends 03:17 Tech Sector Performance 03:35 Mergers and Acquisitions Outlook 05:10 Conclusion and Final Thoughts Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

The latest PMI composite report came in better than expected but ISM services was below estimates. Kevin Green warns the latter is "stagflationary" in nature. He later turns to Enphase Energy's (ENPH) rally which KG himself predicted was likely. He recaps his analysis and turns to call-filled options activity fueling the AI and energy beneficiary. ======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

In this powerful message from John 15, Dave Bigler explores what it truly means to abide in Christ and bear lasting fruit as believers. Building on his previous teaching about the Parable of the Soils in Matthew 13, Dave reminds us that the seed is God's Word, and our hearts represent the different types of soil. He emphasizes that genuine disciples are called to remain deeply connected to Jesus—the Vine—allowing Him to prune us so we can produce the fruit He desires. Through personal stories, practical insights, and direct Scripture, the teaching highlights the joy, purpose, and intimacy that come from abiding, while addressing common struggles that keep us from bearing fruit.Dave unpacks key truths: the necessity of staying rooted in God's Word through consistent Bible study, prayer, and community; the reality that hardship and pruning are part of God's loving process to make us more fruitful; and the freedom found in surrendering control, naming our emotions honestly, and trusting Christ's easy yoke. Whether you're feeling spiritually dry, overwhelmed by life's "weeds," or simply desiring deeper growth, this message encourages you to let go, abide in Jesus, and experience the fullness of joy He promises.Outline:0:00 – Introduction: Dave introduces himself as an elder, shares excitement about teaching, and briefly recaps his prior message on the Parable of the Soils (Matthew 13) – the seed is God's Word, with four soil types (path/rocky/thorny/good).0:30 – Quick review of the soils: Rocky (shallow faith scorched in trials), hard-packed/path (Satan snatches the word), thorny/weeds (cares of life choke fruit), good soil (produces fruit).1:40 – Transition to John 15: Response to a request for a follow-up on abiding; prayer to open.3:15 – Reading John 15:1-17 aloud.4:00 – Key verse breakdown begins: Jesus as the true vine, Father as the gardener (v.1).6:00 – Branches and fruit: God cuts off unfruitful branches, prunes fruitful ones for more fruit (v.2); already clean by the word (v.3).7:30 – Core command: Abide/remain in Jesus to bear fruit; apart from Him, nothing (v.4-5); purpose is much fruit for God's glory and to prove discipleship (v.8).9:00 – Joy in abiding: Jesus' joy in us, complete joy (v.11); love and obedience like friends, not servants (v.14-15).10:00 – Chosen and appointed to bear lasting fruit; love one another (v.16-17).12:00 – Illustrations: Grape vine analogy; God as gardener/sower/potter; we are branches/conduits, not the source of fruit (Holy Spirit produces it).15:00 – Common false sources of fulfillment: relationships, social media, retail therapy, possessions, entertainment/TV stats, etc. – these are modern "idols" that can't satisfy.20:00 – What is fruit? Character of the Spirit (Galatians 5), good works, sharing the gospel; not a salvation requirement but evidence.25:00 – Pruning process: God removes dead/unfruitful things (even good things that hinder); pruning hurts but increases fruit; trust God's role as gardener.30:00 – Abiding practically: Stay connected through Bible study (cleaned by the word), prayer, community; name emotions honestly in hard times to reduce tension.40:00 – Takeaways / Steps:Know your place: God is God, we are branches (surrender control).Abide in the true vine: Daily prayer, Bible intake, obedience.See challenges/hard things as opportunities/pruning for growth.50:00 – Conclusion: Struggle of self-reliance; abide means letting go and trusting; God's yoke is easy/light.55:00 – Closing prayer: Gratitude for abiding, pruning, joy; request for strength to follow commands; Amen.Support Iron Sheep Ministries: https://Ironsheep.org/donateListen to the podcast: https://anchor.fm/ironsheepContact Dave & the ISM team: info@ironsheep.orgJoin the email list: http://eepurl.com/g-2zAD

Kia ora,Welcome to Thursday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.Today we lead with news the real economic markers in the world's largest economy painted a very lackluster picture today.US mortgage applications retreated again last week, for a second consecutive week. But these are still running well above year-ago levels. The refinance activity retreated but the big fall was for new purchase finance.Private businesses in the US added just +22,000 jobs in January according to the comprehensive ADP survey, (sample size of 26 mln) following a downwardly revised +37,000 rise in December and below forecasts for a +48,000 rise. Among these lackluster totals hiring in the health care sectors was a standout, adding +74,000 jobs. It was retrenchment in many others, including manufacturing.Remember the January non-farm payrolls report won't be released at its usual time on Saturday (NZT) due to the shutdown delays. It will now come next Thursday, February 12 (NZT).Meanwhile the ISM services sector PMI stayed in relatively good shape in January, although December was revised lower. New order growth slowed however, and price increases, pushed by tariff-taxes, rose.This is not translating into consumers buying cars at a higher rate. In fact, in January the annualised rate was only 14.9 mln vehicles, the slowest month since December 2022, and -4.1% lower than in January 2025.In China, and unlike the official January services PMI which was more negative, the private S&P Global version is more positive. The RatingDog China General Services PMI rose in January to a better expansion, from December's six-month low and better than market expectations. It's the strongest expansion in their services sector since October, driven by stronger growth in new orders, and a fresh increase in foreign sales.Meanwhile China said its fiscal revenue fell in 2025 for the first time since the pandemic. Sharp falls in non-tax takings outweighed a modest recovery in tax revenue.In Europe, the surging value of the euro helped push down their January CPI inflation level to 1.7%. Food, however, was up 2.7%.Australia released some living cost indexes yesterday, following the overall 3.8% December CPI. They say living costs for 'employees' rose just +2.2% in the year to January, but for 'aged pensioners' it was up +4.2%.The UST 10yr yield is now just on 4.27%, down -2 bps from this time yesterday. The key 2-10 yield curve is still at +71 bps.The price of gold will start today down -US$120 from yesterday at US$4860/oz. Silver is down -US$1 to US$85.50/oz. Some non-precious metals are lower too.American oil prices are up a bit less than +US$1 at just under US$63.50/bbl, while the international Brent price is now just on US$67.50/bbl.The Kiwi dollar is down -60 bps against the USD from yesterday, now just over 59.9 USc. Against the Aussie we are down -40 bps at 85.8 AUc. Against the euro we are also down -40 bps at just on 50.8 euro cents. That all means our TWI-5 starts today just under 63.6, and down -50 bps from yesterday.The bitcoin price starts today at US$72,550 and down another -3.3% from this time yesterday, and falling. The last time it was this low was in November 2024. Volatility over the past 24 hours has been moderate at just on +/- 2.6%.Please note that it is a public holiday in New Zealand on Friday, Waitangi Day. This podcast will not be published on Friday, but will return on Monday.

In this episode of Dividend Cafe, Brian Szytel discusses the recent market downturn and major economic indexes, focusing on the impact of positive PMI and ISM manufacturing numbers. Szytel explores the rotation in various market sectors, including software, IT services, asset managers, energy, cyclicals, defensives, and staples. He delves into the implications of AI on software companies and the credit market. Additionally, he covers the effects of Federal Reserve policies and quantitative easing on asset prices and the economy, comparing the U.S. central bank's balance sheet to other major economies. Szytel also addresses future inflation expectations by analyzing the 10-year yield, offering insights on long-term financial trends and upcoming changes in Federal Reserve leadership. The episode closes with Szytel's thoughts on capital market efficiency and future economic growth. 00:00 Introduction and Market Overview 00:41 Economic Indicators and Sector Rotation 00:59 Impact of AI on Software and Asset Management 01:49 Discussion on the Dollar and Monetary Policy 03:19 Global Central Bank Balance Sheets 04:18 Fed's Role and Future Expectations 05:14 Understanding the 10-Year Yield and Inflation Expectations 06:58 Conclusion and Final Thoughts Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

Crypto News: Banks and Crypto industry met at the White House today to discuss stablecoin yield and clarity act. Binance buys dip with first $100M Bitcoin purchase from $1B SAFU fund. A metric tracking the health of the US economy has just posted its highest monthly score since August 2022, and crypto analysts say it could signal a turnaround for Bitcoin.Brought to you by

Today's Post - https://bahnsen.co/4qULYQz In this edition of Dividend Cafe, David provides a market update from an unconventional setting at JFK airport. He discusses January's market rotation, with a spotlight on small cap and value stocks outperforming large cap and growth stocks. Key sectors such as energy, materials, and consumer staples are highlighted, alongside underperformers like technology and communication services. Bahnsen reviews Bitcoin's decline, diverging trends in gold and silver, and significant movements in major indices and the bond market. Additionally, it covers notable corporate news related to AI funding, Oracle's significant capital raise, potential shifts in Nvidia's investment in OpenAI, and positive developments in the ISM manufacturing index. David also touches on declining rent prices and previews an upcoming detailed analysis on Kevin Warsh's Federal Reserve Chair nomination in the next Dividend Cafe episode. 00:00 Introduction and Travel Update 00:46 January Market Highlights 01:29 Sector Performance and Market Rotation 02:47 Bitcoin and Gold Analysis 04:14 AI and Tech Industry News 05:49 Economic Indicators and Housing Market 06:52 Upcoming Federal Reserve Analysis 07:33 Oil Market and Closing Remarks Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

Andreas Steno and Mikkel Rosenvold of Steno Research break down the mounting U.S.–Iran tensions, the implications for oil, the U.S.–China decoupling, strategic mineral stockpiles, and supply-chain weaponization. They cover the biggest forces reshaping global markets – including today's surprising ISM print.

US equities finished higher in Monday trading, ending not far from best levels. AI sentiment solidified today after some cautious weekend headlines. In macro news, January's ISM manufacturing of 52.6 fell back into expansion territory against consensus for 48.9, its highest since August 2022

Andreas Steno and Mikkel Rosenvold of Steno Research break down the mounting U.S.–Iran tensions, the implications for oil, the U.S.–China decoupling, strategic mineral stockpiles, and supply-chain weaponization. They cover the biggest forces reshaping global markets – including today's surprising ISM print.Binance is the world's leading blockchain ecosystem, trusted by over 300M users in 100+ countries. It offers an unmatched portfolio of digital asset products such as trading, finance, Web3, payments, and more. 

In this powerful episode of Apostle Talk, host Dave Bigler sits down with Ben Deeb, a quad-certified peer professional (CRPA, CJSR, PSP, CARC) and Center Staff Supervisor at Healing Springs Recovery Community and Outreach Center in Saratoga County, New York. Ben shares his raw, redemptive journey from severe cocaine addiction, repeated arrests (around 15 times), homelessness, and incarceration to becoming a transformative leader in recovery support. He candidly discusses how substance use disorders and mental health challenges affect a vast majority of the incarcerated population, the lack of meaningful rehabilitation or wraparound services in the justice system, and how a divine encounter with God during one of his jail stays ignited lasting change. Ben now supervises peer professionals, spearheaded the development of medication-assisted treatment (MAT) programs, recovery units, and reentry initiatives in the Saratoga County jail, helping justice-impacted individuals find hope, stability, and freedom.The conversation highlights the systemic failures in treating addiction as a moral failing rather than a health issue, the vital role of peer support and faith in recovery, and Ben's ongoing mission to train others and expand programs that bridge jail to community reintegration. This episode is a stirring testimony of God's redemptive power, the importance of compassion over judgment, and practical steps toward breaking cycles of addiction and recidivism. If you're struggling with addiction, supporting someone who is, or passionate about justice reform and recovery advocacy, Ben's story offers encouragement and real-world insight.If you or someone you know is struggling with substance use, reach out for help:Healing Springs Recovery Community: (518) 306-3048https://preventioncouncil.org/healing-springs/Shelters of Saratoga:(518) 581-1097https://sheltersofsaratoga.org/Subscribe for more inspiring testimonies of faith, recovery, and transformation. Like, comment, and share to spread hope! 00:00 Intro & Welcome00:39 Ben's Addiction & Rock Bottom: Cocaine, Homelessness, 15 Arrests01:07 The Broken System: "Bad Person" vs. "Sick Person" Mindset01:17 Turning Point: Conversations with God in Jail01:56 Ben's Bio & Current Role at Healing Springs03:04 Early Life, First Drugs, and Entry into the Justice System08:21 First Jail Time & Walking Away from Faith12:31 Homeless in Schenectady, Felonies, and Opiate Spiral18:31 Release Struggles & Fentanyl Impact27:40 Armed Robbery Arrest & Foxhole Prayer Moment31:10 Steps Toward Change & Peer Support Beginnings35:51 Re-Incarceration & Mindset Shift in Jail44:03 Paid Role in Jail & Building Hope47:21 Developing Recovery Programs & MAT in Saratoga County Jail51:43 Childhood Trauma, God's Love, and Realizing Worth58:11 Creating the Recovery Unit & Reducing Recidivism01:06:06 Advice for Those Struggling: You Deserve to Recover01:10:58 Closing Prayer & Hope for Addicted, Incarcerated, and Families01:15:23 Final Amen & Wrap-UpSupport Iron Sheep Ministries: https://Ironsheep.org/donateListen to the podcast: https://anchor.fm/ironsheepContact Dave & the ISM team: info@ironsheep.orgJoin the email list: http://eepurl.com/g-2zAD

Roadblocks? Principalities?  Ism's, schism's and drama?  The Rev confronts it all using the Word of God with Bible Believing and Teaching conversation  on the “Let's Be Blunt With the Rev" podcast.  Books written by The Rev “Overcoming Principalities”  Amazon.com: Overcoming Principalities: 9798359750776: Whitney, D. A. (The Rev): Books “Plug Into The Power” https://www.amazon.com/Plug-into-Power-Shannon-Whitney-ebook/dp/B0837ZQVPH Email: blessed4lifeministries@gmail.com NOTE: We do not own the rights to the great music you hear on the show. However, we hope you love it as much as we do!  "Let's Be Blunt With the Rev" is a real conversation with the Rev geared toward starting a spark on the inside to produce results on the outside! Because the more you know, the more you grow! "Let's Be Blunt With the Rev" airs every second and fourth Monday of the month, at 3:00 am ET and 6:00 pm ET.

Retail Media Networks are generating billions of dollars, but not all brands benefiting from them equally. Agility requires more than just shifting budgets to the newest channel; it demands a fundamental rethinking of how internal teams collaborate and how technology is applied to the unique environment of retail. Today, we're going to talk about the nuanced reality of Retail Media Networks. They represent one of the biggest shifts in marketing, but many brands are finding that the playbook from traditional digital advertising doesn't quite translate. We'll explore why simply plugging in programmatic tools isn't the silver bullet it's promised to be, how to navigate the internal budget battles between trade and media teams, and what it really takes for AI to deliver on its potential in a retail context. To help me discuss this topic, I'd like to welcome, Dave Simon, President of In-Store Marketplace at ISM. About Dave Simon David Simon, EVP of Advertising for Mood Media and President of Vibenomics and In-Store Marketplace (ISM), is a seasoned ad tech executive with extensive experience driving programmatic advertising growth across mobile app, CTV and web platforms. As former Chief Revenue Officer at Fyber, he led the mobile app ad monetization platform from $100 million to $500 million in revenue before its acquisition by Digital Turbine. His career spans leadership positions at Moloco, Jounce Media, Verizon Media, Vidible (acquired by AOL), Turn, Right Media and Yahoo. Simon specializes in programmatic strategy, marketplace development and bridging supply-demand gaps in retail media advertising. Dave Simon on LinkedIn: https://www.linkedin.com/in/davidjsimon/ Resources ISM: https://instoremarketplace.com/ The Agile Brand podcast is brought to you by TEKsystems. Learn more here: https://www.teksystems.com/versionnextnow Catch the future of e-commerce at eTail Palm Springs, Feb 23-26 in Palm Springs, CA. Go here for more details: https://etailwest.wbresearch.com/Drive your customers to new horizons at the premier retail event of the year for Retail and Brand marketers. Learn more at CRMC 2026, June 1-3. https://www.thecrmc.com/ Enjoyed the show? Tell us more at and give us a rating so others can find the show at: https://ratethispodcast.com/agileConnect with Greg on LinkedIn: https://www.linkedin.com/in/gregkihlstromDon't miss a thing: get the latest episodes, sign up for our newsletter and more: https://www.theagilebrand.showCheck out The Agile Brand Guide website with articles, insights, and Martechipedia, the wiki for marketing technology: https://www.agilebrandguide.com The Agile Brand is produced by Missing Link—a Latina-owned strategy-driven, creatively fueled production co-op. From ideation to creation, they craft human connections through intelligent, engaging and informative content. https://www.missinglink.company

Our U.S. Thematic Strategist Michelle Weaver and U.S. Multi-Industry Analyst Chris Snyder discuss a North America Big Debate for 2026: Whether investments in efficiency and productivity will spark a transformation of U.S. manufacturing. Read more insights from Morgan Stanley.----- Transcript -----Michelle Weaver: Welcome to Thoughts on the Market. I'm Michelle Weaver, Morgan Stanley's U.S. Thematic and Equity Strategist. Chris Snyder: I'm Chris Snyder, U.S. Multi-Industry Analyst. Michelle Weaver: Today: Will 2026 be the year of U.S. Manufacturing's transformation? It's Tuesday, January 13th at 10am in New York. U.S. reshoring has been an important component of our multipolar world theme, and manufacturing is one of those topics we have always had our eyes on. We've been making some big predictions about a transformation in this sector, so it makes sense that it features prominently in the big debates we've identified for North America in 2026. In the last few years, there's been a steady stream of investments in automation controls and upgrades across U.S. manufacturing. And this is happening against a backdrop of shifting global supply chains and lingering policy uncertainty. Now, the big market debate is whether these investments will generate a whole wave of greenfield projects – that is brand new, multi-year construction initiatives to build facilities, factories, and infrastructure from the ground up. Chris, what exactly is driving this current wave of efficiency and productivity investment in U.S. manufacturing? And how long term of a trend is it? Chris Snyder: I think what's driving the inflection is tariffs. The view that has underpinned my U.S. reshoring call is that I believe companies have to serve the U.S. market. The U.S. accounts for 30 percent of global consumption – equal to EU and China combined. It is also the best margin region in the world. So, companies have to serve the market, and now what they're doing is they're going back and they're looking at their production assets that they have in the U.S. and they're saying, how can I get more out of what's already here? So, the quickest, cheapest, fastest way to bring production online in the U.S. is drive better productivity and efficiency out of the assets you already have. And we're seeing it come through very quickly after Liberation Day. Michelle Weaver: And you think these investments are an on ramp to larger greenfield projects. What evidence do we have that this efficiency spend is setting the stage for a ramp up in new factory builds? Chris Snyder: I think this is absolutely the leading indicator for greenfields because this is telling us that the supply chain cost calculation has changed. What all of these companies are doing are saying, ‘Okay, how can I get products into the U.S. at the cheapest cost possible?' What we're seeing is the cost of imports have gone higher with tariffs, and now it's more economically advisable for these companies to make the product in the United States. And if that's the case, that means that when they need a new factory, it's going to come to the United States. They might not need a factory now, but when they do, the U.S. is at least incrementally better positioned to get that factory. Other data that we're seeing; I think the most interesting data that's come out of all of this is the bifurcation in global PPI or producer price data. If you look at it on a regional basis, North America markets saw PPI go higher in 2025. They were all the tariff exempt regions – U.S., Canada, and Mexico. Every other region in the world saw PPI down year-to-date. That means that these companies and factories are having to lower prices to stay competitive in the global market and sell their products into the United States. That tells us also where the next factory is going. If you have a factory in the U.S. and a factory in Malaysia, and your U.S. factory is pricing up, that means the return profile is getting better. If your factory in Malaysia is pricing down, it means the returns are getting worse and you're pricing down because it's over-capacitized. That's not a region where you're going to add a factory. You know, what I like to say is – price drives returns, and supply is going to follow returns. And right now, that price data tells us the returns are in the United States. Michelle Weaver: And, for people that might not be familiar with PPI, can you explain it to everyone? It's sort of like CPIs cousin, but how should people think about it? Chris Snyder: Yeah, yeah, so PPI, Producer Price Inflation, it's effectively the prices that my companies, the producers of goods are charging. So maybe this is the price that they would then charge a distributor, who then the distributor ultimately is selling it to a store. And then that's, you know, kind of factoring its way into CPI. But it starts with PPI. Michelle Weaver: And what are some of the key catalysts investors should be looking for in 2026 that could confirm that this greenfield ramp is underway? Chris Snyder: The number one, you know, metric I think the market looks at is manufacturing project starts. Every month there's data that comes out and says how many manufacturing projects were announced in the U.S. that month. And what we've seen coming out of Liberation Day is that number on a project value has gone higher. You know, it hasn't totally inflected, but it has pushed higher. The thing that has inflected is the number of announcements. So, this is not like two or three years ago where we had these mega projects. What we're seeing right now is very broad. And to me that's more important because that shows that there's durability behind it. And it shows that this is because the economics are saying it makes sense. It's not necessarily just because, okay, I got an incentive and I'm trying to follow alongside that. Michelle Weaver: Mm-hmm. The market seems skeptical though, pointing out that the ISM manufacturing purchasing managers index has been shrinking. This could be a sign that demand isn't strong enough to justify building new factories right now. How would you address that concern? Chris Snyder: Yeah, no, I mean, you're definitely right. Like the biggest pushback on the reshoring theme is the demand for goods is not very strong. Consumers are not in a good place. So why would companies add capacity in this backdrop? That's never happened before. Companies only add capacity when they're producing a lot and the utilization goes up. This is not a normal cycle. Throughout history, the motivation to add capacity was when your production rates go higher, your utilization hits a certain level, and then you add capacity. So, it always started with demand to your point. The motivation right now is tariff mitigation. And you do not need higher demand to support that. The U.S. is a $1.2 trillion trade deficit. So, that more than anything gets me confident in the theme and the duration behind it. And I think it's a very different outlook when you look across the international markets. They're the ones that need to find incremental demand to justify investment. Michelle Weaver: And given the scale of U.S. purchasing power and the shift in global capital flows, how do you see these manufacturing trends impacting broader performance in 2026? Chris Snyder: We published our outlook and we're calling for the U.S. Industrial Economy to hit decade high growth levels in the back half of [20]26 and into [20]27. And this is a big reason why. We think about this a lot from a CapEx perspective. And we're seeing the investment, we think that ramps into larger greenfields. But we're also seeing it in the production economy. If you look at the delta between U.S. consumer spend and U.S. manufacturing production, that has really narrowed in recent months. And that tells us that we're increasingly serving U.S. demand through domestic production. So that's another factor that's going to drive activity higher and it doesn't need a cycle. And I think that's what's really important. And I think that is what creates this as a more secular and also durable opportunity. So obviously reassuring is something that's, you know, very close to me and important for the industrial economy. But as you think about the multipolar world theme more broadly, how do you think that evolves in 2026? Michelle Weaver: Yeah, absolutely. Last year the multipolar world was an incredibly powerful theme. And when investors were thinking about the multipolar world last year, it was largely about how are companies going to mitigate the risk of tariffs in the near term. We had the policies come out and surprise everyone in terms of the breadth and the magnitude of the tariffs we saw. We had a lot of policy uncertainty around what is that final level of tariffs going to look like. And a lot of the reaction was really short term. It's how can we use our inventory buffers to try and preserve our margins? How much of these additional tariff costs can we pass off to the end customer? How can we insulate ourselves in the near term? I think this year it's going to turn to more longer-term strategic thinking. Reshoring and a lot of the greenfield projects you were talking about, I think will absolutely be an important component of the multipolar world this year. I think we're also likely to see a greater emphasis on U.S. defense. With the action we just saw in Venezuela. I think we're going to see more of that defense component of the multipolar world starting to be expressed in the U.S. It was a big part of the expression of the theme in Europe last year, but I think it will gain relevance in the U.S. this year. Chris Snyder: Yeah. And I think the next chapter in U.S. industrial growth is just getting going. It's taken 25 years for the U.S. to seed roughly 12 percentage points of global share in manufacturing. We don't think they take that much back. But we think this is a very long runway opportunity. Michelle Weaver: Mm-hmm. And as we watch for the next wave of greenfields, it's clear that efficiency and productivity investments are more than just a stop gap. They're a longer-term theme and they're a foundation for a new era in U.S. manufacturing. Chris, thank you for taking the time to talk. Chris Snyder: Great speaking with you, Michelle. Michelle Weaver: And to our listeners, thanks for listening. If you enjoy Thoughts on the Market, please leave us a review wherever you listen to the show and share the podcast with a friend or colleague today.

Are you missing indolent systemic mastocytosis (ISM)? Learn key clues and best practices in our expert-led program. Credit available for this activity expires: 1/05/27 Earn Credit / Learning Objectives & Disclosures: https://www.medscape.org/viewarticle/patient-centered-approaches-indolent-systemic-mastocytosis-2025a100106v?ecd=bdc_podcast_libsyn_mscpedu

Andrew, Ben, and Tom discuss Trump's Truth about defense companies, Apple's card moving to JPMorgan, and Constellation reports soft alcohol demand. Join our live YouTube stream Monday through Friday at 8:30 AM EST:http://www.youtube.com/@TheMorningMarketBriefingPlease see disclosures:https://www.narwhal.com/disclosure

Market Snapshot: A Day of Mixed Signals and Volatility In this episode of Dividend Cafe, Brian Szytel from West Palm Beach, Florida, discusses the latest market trends as of January 7th. Despite two consecutive positive days, the market experienced a slight downturn with the DOW down by nearly 1%, the S&P down by a third of a percent, and the Nasdaq inching slightly positive. Positive movements in the bond market and an increase in volatility were noted. Key geopolitical developments included potential positive news about Ukraine and discussions around Venezuelan oil and Greenland. On the economic front, the ADP private payroll and job openings numbers were slightly weaker than expected, but the ISM services number exceeded expectations. Brian provides insights into the impacts of Venezuelan oil on global prices and discusses the current state of the energy sector. 00:00 Introduction and Market Overview 01:11 Geopolitical Headlines Impacting Markets 02:10 Economic Data and Market Reactions 03:51 Venezuelan Oil and Market Implications 04:57 Energy Sector Insights 05:33 Conclusion and Final Thoughts Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

LISTEN and SUBSCRIBE on:Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on:https://www.youtube.com/@WatchdogOnWallstreet/featured  In this episode of Watchdog on Wall Street, we dig into the data behind the headlines and explain why headline GDP growth is masking a growing economic problem.We break down:• Why a 4%+ GDP print doesn't mean the economy is healthy• The ISM data showing only 11% of U.S. industries are expanding• Why manufacturing is already in recession territory• How this compares to Great Recession–era readings• What companies are actually blaming for the slowdown• Why tariffs are showing up repeatedly in corporate commentary• The surge in small business bankruptcies nobody wants to discuss• How wages are really performing after inflation (spoiler: under 1%)• Why confusing GDP with wages is either ignorance or deceptionWe also call out the dangerous nonsense being said on television — including claims made on Fox News that GDP growth somehow means every American got a raise.

⬜ Welcome to Palvatar Market Recap, your go-to daily briefing on the latest market movements, global macro shifts, and crypto trends—powered by Raoul Pal's AI avatar, Palvatar. ⬜ In today's update, Palvatar covers a calm start for global equities following a strong US rally that pushed the Dow to fresh highs, while weak ISM manufacturing data kept pressure on the dollar ahead of the jobs report. European stocks extended gains, supported by resilient PMI data. Commodities rallied, with copper hitting records, and crypto stayed strong as Bitcoin ETFs attracted major inflows amid rising competition.

Andrew, Ben, and Tom discuss Nvidia's Alpamayo announcement and ISM manufacturing. Join our live YouTube stream Monday through Friday at 8:30 AM EST:http://www.youtube.com/@TheMorningMarketBriefingPlease see disclosures:https://www.narwhal.com/disclosure

Roadblocks? Principalities?  Ism's, schism's and drama?  The Rev confronts it all using the Word of God with Bible Believing and Teaching conversation  on the “Let's Be Blunt With the Rev" podcast.  Books written by The Rev “Overcoming Principalities”  Amazon.com: Overcoming Principalities: 9798359750776: Whitney, D. A. (The Rev): Books “Plug Into The Power” https://www.amazon.com/Plug-into-Power-Shannon-Whitney-ebook/dp/B0837ZQVPH Email: blessed4lifeministries@gmail.com NOTE: We do not own the rights to the great music you hear on the show. However, we hope you love it as much as we do!  "Let's Be Blunt With the Rev" is a real conversation with the Rev geared toward starting a spark on the inside to produce results on the outside! Because the more you know, the more you grow! "Let's Be Blunt With the Rev" airs every second and fourth Monday of the month, at 3:00 am ET and 6:00 pm ET.

Charles Schwab's Collin Martin explains moves in the bond market following headlines surrounding Venezuela and a contractionary ISM manufacturing print. He calls the ISM number "disappointing," but calls Wednesday's upcoming ISM services number more important. Collin also discusses the other jobs and inflation prints to watch later this week. ======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

US President Trump announced on Saturday that the US successfully carried out a large-scale strike against Venezuela, while he added that President Maduro and his wife were captured and flown out of Venezuela.US President Trump said they are ready to stage a second strike if necessary and had assumed a second wave was needed, but now probably not.US President Trump signalled the US could widen its focus in the region to Cuba, and he will be meeting with House Republicans in a closed-door meeting on Tuesday. Further, Trump said it “sounds good” to him regarding whether there will be an operation in Colombia.European bourses are broadly in the green; US equity futures are mixed, with outperformance in the NQ. ASML +3% named top pick at Bernstein.DXY firmer on haven appeal, G10s subdued across the board to various degrees; Global fixed income slightly firmer with non-geopolitical updates somewhat light, ISM ahead.Choppy price action in the crude complex as geopolitics remain in focus; XAU gain on safe-haven demand; Copper raises following strength in the semiconductor sector.Looking ahead, highlights include US ISM Manufacturing PMI (Dec).Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

January 5, 2026 | Season 8 | Episode 1We unpack the shock capture of Nicolás Maduro, why refiners rallied on heavy crude math, and how history's forgotten shocks can sharpen today's market judgment. Then we map 2025's finish, 2026 scenarios, and concrete income ideas that balance risk and yield.• geopolitical signal from Maduro capture and market reaction• refinery advantage from Venezuelan heavy crude• currency and bond moves across Latin America• lessons from Panama and Black Tom for risk perception• 2025 performance recap and 2026 return scenarios• futures, commodities, gold and volatility read• macro calendar: ISM, JOLTS, payrolls, sentiment• Venezuela reserves and oil price paths near and long term• energy positioning: refiners, services, midstream• Charles Schwab's pivot, earnings drivers and growth lanes• income strategies: dividend ETFs, pipelines, REITs, BDCs, bondsFor more information, please visit our website at www.heroldlantern.com** For informational and educational purposes only, not intended as investment advice. Views and opinions are subject to change without notice. For full disclosures, ADVs, and CRS Forms, please visit https://heroldlantern.com/disclosure **To learn about becoming a Herold & Lantern Investments valued client, please visit https://heroldlantern.com/wealth-advisory-contact-formFollow and Like Us on Youtube, Facebook, Twitter, and LinkedIn | @HeroldLantern

RenMac kicks off 2026 with a wide-ranging discussion on the political reality around affordability and inflation, asset allocation myths, and what to watch as ISM and employment data kick off the year. Dutta argues inflation pressures are easing faster than expected across housing, labor, and energy. deGraaf highlights emerging cyclicality beneath soft year-end trading, cautioning that extended moves in commodities and precious metals are entering bubble territory. And Pavlick outlines why tariff relief is increasingly consumer-focused, how Taiwan and China remain a central geopolitical risk, and why midterm dynamics will shape policy more than campaign rhetoric.

1:40:08 Marquett GOES IN ON HATER!!!! (BRUTAL)1:43:20 The Type of N Marquett HATES1:45:18 Tips for Public speaking? (Articulate w/out stuttering)1:47:30 We can't let these false narratives prevail - MDB1:48:40 YOU ARE NOT on The Big Homie's caliber1:49:40 That's how we know you're really DUMB!!1:50:12 Show us how YOU living?!?! (HATER GETS FLAMED)1:52:43 Marquett teaches HATER a SAVAGE lesson!1:54:30 Marquett is lifting other people up (GREATNESS)1:56:48 The Big Homie digs HATER back up from the grave1:58:03 I ain't gon' pretend I have respect when I don't have respect - MDB1:58:54 "You talk like a white guy" - Marquett kicks some game1:59:30 Black Males allowing the Black Female to be Obese2:00:40 This is Black Excellence!! (Shoutout to The Saint!)2:02:01 Marquett explains how much of a Hustler he is2:03:44 Haters will NOT fly to Las Vegas to throw hands w/ Quett2:05:18 No excuses Black Men2:05:49 They Live off of a Female and have NO PLAN2:07:14 Troll claims he wants smoke?!2:09:24 Fake Masculinity 2:11:50 They always hate on someone who's put themself on the other side of the Spectrum2:13:34 TROLL claims he was blocked?! (Scared to come on Camera)2:14:13 These African American Males coming on screen deserve this2:16:24 You are not my people - Marquett speaks2:21:21 Saint is joining the Patreon!! (High Level Game for Members)2:24:10 Saint appreciates this timely livestream (Facts were spoken)2:27:13 Proper English2:28:06 Marquett talks to his Latino's real quick2:30:38 All Haters were once fans2:31:30 Saint comes on Camera and has respectful conversation w/ The Big Homie!2:51:26 Level to knowing one's Self2:54:12 Saint asks if Marquett has ever had a conversation w/ Dr. Umar Johnson2:55:37 The Big Homie has had alot of conversation's w/ ALOT of REAL people2:58:14 Saint asks about the conversation... (Quett is kicking that ISM)3:00:43 First step to get out of the idea stage? (Diabetics)3:02:43 Marquett is showing us things we never seen before!3:03:16 The ones who live a quiet life w/ alot of money & influence make power moves3:07:45 Internet Nerds making "Expose" video's on The Big Homie3:08:31 Make your moves in the shadows!!#blackgirlmagic #blackmen #foundationalblackamericans Support Via Cashapp: @MarquettDavonSupport via Venmo: @MarquettDavonSupport: https://donate.stripe.com/4gM9ATgXFcRx5Tf4rw0x200Become a member: https://thesasn.com/membership-account/membership-levels/Support with Bitcoin: BTC Deposit address: 3NtpN3eGwcmAgq1AYJsp7aV7QzQDeE9uwdMy Book: https://www.amazon.com/Black-Box-Marquett-Burton/dp/0578745062https://www.gofundme.com/f/support-marquett-burtons-training-centerBook Consultation: https://cozycal.com/sasn#Marquettism #FinancialFreedom #Entrepreneurship #Marquettdavon #Wealth #FoundationalBlackAmerican #Leadership #Deen #business #relationships #money

Ismét a Tisza állítólagos programjaival harsogja tele a nyilvánosságot a Fidesz. Megtalálták volna a csodafegyverüket a Tisza ellen? Tényleg működhet egy hazugságokra épített kampány?A Vétón túl legújabb adásában emellett Gajdos László politikai karakteréről beszélgettünk, illetve arról, hogy miben hasonlít a Tisza jelöltje Karácsony Gergelyre.—Támogasd a Partizánt!https://www.partizan.hu/tamogatas—Csatlakozz a Partizán közösségéhez, értesülj elsőként eseményeinkről, akcióinkról!https://csapat.partizanmedia.hu/forms/maradjunk-kapcsolatban—Legyél önkéntes!Csatlakozz a Partizán önkéntes csapatához:https://csapat.partizanmedia.hu/forms/csatlakozz-te-is-a-partizan-onkenteseihez—Iratkozz fel tematikus hírleveleinkre!Kovalcsik Tamás: Adatpont / Partizán Szerkesztőségi Hírlevélhttps://csapat.partizanmedia.hu/forms/iratkozz-fel-a-partizan-szerkesztoinek-hirlevelereHeti Feledyhttps://csapat.partizanmedia.hu/forms/partizan-heti-feledyVétóhttps://csapat.partizanmedia.hu/forms/iratkozz-fel-a-veto-hirlevelere—Írj nekünk!Ha van egy sztorid, tipped vagy ötleted:szerkesztoseg@partizan.huBizalmas információ esetén:partizanbudapest@protonmail.com(Ahhoz, hogy titkosított módon tudj írni, regisztrálj te is egy protonmail-es címet.)Támogatások, események, webshop, egyéb ügyek:info@partizan.hu

CONHEÇA A CARTEIRA RECOMENDADAS DE DIVIDENDOS: https://emprc.us/carteiradiv-podcast A Corrida eleitoral já entrou no radar e, quando política vira variável relevante, juros, Bolsa e dólar reagem antes mesmo de qualquer confirmação oficial.No episódio #118 do Empiricus PodCa$t, debatemos como a possibilidade de Flávio Bolsonaro aparecer no cenário eleitoral pode influenciar as expectativas do mercado e o apetite a risco no Brasil, ao mesmo tempo em que o mundo observa a Super Quarta (Fed + Banco Central).A mesa composta pelos analistas Larissa Quaresma, Matheus Spiess, Laís Costa e Ruy Hungria destrincha o que realmente importa para o investidor: o que é ruído, o que pode virar tendência e como isso se traduz em preço nos ativos.Além disso, também debatemos:- Super Quarta: o que esperar do Federal Reserve e do Banco Central- EUA: sinais de desaceleração na atividade (PMI, ISM e ADP) e o que isso muda para juros- Brasil: dados mais fracos de produção e PIB e o impacto para o cenário de política monetária- “Presentinhos de Natal”: empresas antecipando dividendos antes das mudanças previstas na tributação a partir de 2026- Quais ações podem se destacar na temporada de dividendos de fim de anoNo quadro Compra ou Vende?, analisamos três ativos muito pedidos pela audiência:- Tesouro Prefixado – ainda faz sentido agora?- Direcional (DIRR3) – oportunidade ou risco?- Gerdau (GGBR4) – compra, espera ou vende?Fechamos com a Dica Cultural da Semana, para ampliar repertório e tomar decisões melhores — dentro e fora do mercado.Se você quer investir com mais clareza em um cenário onde política e juros podem mudar o jogo rapidamente, este episódio é pra você.

Mike Wilson, our CIO and Chief U.S. Equity Strategist, and Dan Skelly, Senior Investment Strategist at Morgan Stanley Wealth Management, discuss the outlook for the U.S. stock market in 2026 and the most significant themes for retail investors. Read more insights from Morgan Stanley.----- Transcript -----Mike Wilson: Welcome to Thoughts on the Market. I'm Mike Wilson. Morgan Stanley's CIO and Chief U.S. Equity Strategist. Daniel Skelly: And I'm Dan Skelly, Senior Investment Strategist for Morgan Stanley Wealth Management. Mike Wilson: Today we're going to have a conversation about our views on the U.S. stock market in 2026, and what matters most to retail investors in particular. It's Monday, December 8th at 9am in New York. So, let's get after it. Dan, it's great to see you. We always talk about the markets together. I think this is a great opportunity for us to share those thoughts with listeners. Our view coming into this year is still pretty bullish for 2026. We've been bullish on [20]25 as you have, probably for, you know, similar – maybe some slightly different reasons. I think one of our differentiating views is that we do think inflation is still a major risk for individual investors. And institutional investors, quite frankly, which is why stocks have done so much better. A concept, I think you're well aware of. And I think, you know, the risk for retail is that there's going to be; it's going to be volatile. So, point-to-point, we're still bullish as you are. How are you thinking about managing that point-to-point path? And how are you structuring your portfolio as we go into 2026 with a bullish outlook – but understanding that it's not always going to be smooth. Daniel Skelly: So, like you said, we've also shared this view that next year's going to be positive, albeit there's going to be more volatility. And when I think about the two main risks that retail investors are facing today, one of them is definitely inflation. We're seeing that in services. We're seeing that in housing. We've had the labor market shrink over the recent couple of quarters, so who knows if wage inflation pops up again. But there are ways to definitely hedge against that in an equity portfolio. We think, for instance, owning parts of the AI infrastructure cohort is one of the ways of hedging, whether that be in utilities, pipelines, energy infrastructure in general. These are areas that we think are a necessary hedge against inflation risk. And number two are a positive diversifier. And second key point, Mike, just thinking about that diversification comment. Look, we all know that in many ways the Mag 7 – and the technology strength that we've seen this past year – has driven a fairly concentrated market. I think what people, particularly on the individual side, are recognizing less is just how much AI cuts across many other sectors in parts of the market. And again, we think that risk of over concentration is still out there. And we like the idea of thinking of embedding natural diversification into the equity portfolio. Mike Wilson: Yeah. I mean, it's interesting. Inflation, you know, is part of that story too because AI is somewhat disinflationary or deflationary. I think, you know, investing in things that can drive higher productivity even away from AI can mitigate some of that risk in the economic outlook. But if I think about, you know, the Mag 7 dominance, and just this concentrated market risk, which you spoke about. If inflation re-accelerates next year, which, you know, is one of our core views as the economy improves – doesn't that broaden out the opportunity set? And you know, like there's been this idea that, ‘Oh, you have to own these seven stocks and nothing else.' I mean, part of our view for next year is that we think the market's going to broaden out. How are you set up for that broadening out? And how are you thinking about picking stocks and new themes that can work – that maybe people aren't paying attention to right now? Daniel Skelly: Yeah, it's a great point, Mike. And so, on the first topic, we do think there's broadening, and that's a combination of factors. Number one is just the market becoming more convicted about the Fed cutting path, which we've talked about, and the firm's view reaffirms for next year. Number two is starting to see some of the benefits of deregulation, right, which should impact maybe some of the more cyclical sectors out there – Financials, Energy being two of them. Maybe seeing more M&A activity too as a byproduct of deregulation. And that should bode better for mid- and maybe small caps as well as they receive a M&A premia in the valuations. And I know you've talked about small caps recently in your commentary. But last point I'll make Mike, and it comes back to AI. It almost feels like AI is this huge inflationary ramp at first to get to that deflationary nirvana down the road – with productivity. I think one of the key factors we think about, in terms of a bottom-up perspective, which is what we focus on in across the portfolio, is definitely pricing power. Who owns the pricing power and the key data and the key AI adoption outlook in order to absorb all the different tools and technology diffusion we've seen in the last three years. And that's going to play out, Mike, as you well know, across a variety of sectors and themes. So, agreed, we should see broadening for all those varying reasons. Mike Wilson: So, I mean, there are a couple areas I think, where we overlap. Financials…Daniel Skelly: Yep. Mike Wilson: Industrials, Healthcare, some of the themes that I think we both; we share our bullish views. And what do you think those areas are, within those sectors? You think that you have a differentiated view maybe than the consensus being Financials, Industrials, Healthcare? That the market may be missing, which offers more upset? Daniel Skelly: Sure. I'll start with Financials, which has been an overweight call for us for some time, as I know it has for you as well. And I think that kind of cyclical re-acceleration in the economy is one part. I think the Fed cutting is another part. I think deregulation is clearly another driver. Fourth Capital Markets recovery, which we have seen now. We had a little bit of a technical lull with the government shutdown in terms of filings and issuance, but we see all of the pipeline indicators, indicating green lights for next year in terms of recovery. I think the one thing I would argue that I've observed in looking at all of our vast data sets is that despite all these different bullish factors, this still maybe has been a theme or a sector that investors have traded in and out of, right? I don't think I've even seen like a real strong, consistent overweight. So, I think number one, that's an opportunity. And last point is, listen, there's different sub-sector bifurcation going on, as you know, within the industry, whereas money centers and large banks are performing really well. The same is not the case of regionals and alts managers. And there are varying reasons for that. But we would even argue, Mike, there could be catchup trades within the sector next year. Mike Wilson: Yeah, I would agree on that. I mean, the regional over money centers and actually regionals over alt managers, because I mean – I think the Treasury Secretary has talked about this, you know. Trying to get the regulated banking system kind of back in the game may actually be an opportunity to take share back from some of those alt managers, which have actually done quite well. What about on Healthcare? We upgraded that back in the summer. I think you've been constructive on parts of Healthcare, right. Wwhat do you think people are missing there and why could that be a good sector for next year? Daniel Skelly: Yeah. We were definitely, I'll say, earlier than you and wrong. You had really good timing in terms of your Healthcare upgrade last summer. And look, the sector was out of favor for two years. What we think we observed in the kind of July-August period is: First and foremost, I think we got past the point of maximum policy concern and risk. And ironically, we saw some kind of nominal or surface level deal signed with the government around most favored nation pricing. And it was really, not a lot to write home about. It wasn't as egregious as a policy inflection as some had feared. So, I think that was the first key catalyst. Second, we just saw a really good revisions breadth. And I know this is a comment you make a lot in your work. But we saw across big pharma, tools and life science, medical technology, and devices. We saw really good positive earnings revisions coming out of third and even starting the second quarter. Thirdly, I think if you're talking about an M&A in capital markets recovery, you can't not talk about Healthcare. I think that's a space that'll be ripe for deal making. And then just fourth, right? Look, as the market broadens out, and as people are stopping or maybe slowing the crowding and the key leadership, they're going to go again from AI enablers to AI adopters. And we think AI is going to be a vector that cuts across the Healthcare industry in a really positive way. Mike Wilson: Yeah, I mean, the efficiencies that are, you know, possible in the Healthcare sector seem immense. I mean, it, it appears to me that that's going to be an area where there's probably some new solutions, some new companies we don't even know about yet. So, to me that's a very exciting area that's been dormant for quite a while. What about Consumer, Dan? It's been this K economy. It's been very bifurcated, you know, high-end versus middle-income, lower-income. I mean, what are the themes within consumer that you're finding in putting to work in your portfolio? Daniel Skelly: Yeah. We've talked a lot, Mike, in the last year or so about playing Consumer platforms, particularly domestically oriented versus global consumer brands. And there's a couple of key drivers behind that. But first, when you look at what's going on in consumer land, and Simeon Gutman's been a really good, kind of, analyst looking at this theme over time. In many ways it's starting to resemble the Mag 7 in terms of winner take all phenomena. If you look at some of the major consumer big box platforms, they're taking 50- 60 percent of share of total retail sales. Just a couple of companies. So, number one, we're really focused on platforms where market share gains, free cash flow and revenue – recurring revenue – in particular, are leading to even stronger competitive moats, particularly in a capital-intensive industry. And what we've observed about retail is that as those leaders in big box areas take more share, they can reinvest that winning capital in their advertising growth in their online channel and widen their moats even more. Secondly though, in order to have a positive theme, I've always said you got to fund it from somewhere. And so, what we've observed again over the last year or so is – when I think about some of the even highest quality global brands they've suffered seeing less traction in China. And that's amid less of a willingness from Chinese consumers to own American and European brands. There's a lot to that, but I think culturally, obviously the trade war, the AI war for prominence leading to maybe some of that lack of cultural traction. Secondly, we've also, I think, started to see the growth of AI tools start to weigh on established brands. I think what makes a brand cool and the barriers to entry in terms of creating brands is going to go down in the future because of AI influencing and advertising tools. And so, simply put, we continue to like, Mike, the big box consumer platforms across, clothing and food, housing, across e-commerce. That continues to be one of our higher conviction themes. Mike Wilson: All right, Dan, I want to come back to, kind of, AI infrastructure. I mean, AI spending has been the big, big theme. But there's other types of infrastructure spend and CapEx. It's been dormant, quite frankly, and with the [One] Big Beautiful Bill [Act] perhaps incentivizing some of that. How does that play into your thought process around other industrial stocks that could benefit? Daniel Skelly: Absolutely, Mike. You cited the AI infrastructure spending. We think continues kind of unimpeded going into next year. Number two, we think the Fed cutting, just creating better financing conditions in terms of bigger projects. You mentioned as well, the fiscal incentives. And look, I think Chris Snyder has been spot on the last year or so talking about reshoring production wins coming back to the U.S. I don't think this is certainly as cognizant on the – or on the minds of individual investors. Maybe not even institutional investors. But the U.S. is winning manufacturing production share and has been for some time. And we've seen that no doubt ramp up post the announcement of the [One] Big Beautiful Bill {Act]. No doubt. But we think that has implications, Mike, for stocks and stock picking within what we would call, kind of, shorter cycle themes. And I think whether that be in Logistics and Transports or HVAC or some of the Non-Resi, Non-Datacenter related verticals. There are a whole bunch of stocks that have been kind of dormant for two to three years as we've been in this ISM recession that we think could certainly wake up next year as things broaden out. Mike Wilson: Yeah, we would agree with that. And I guess lastly, you know, there's always this Johnny come lately, you know, fear factor of, ‘Well … stocks are up a ton. My neighbor's bragging how much money they're making. So, I must have missed it all.' And I think embedded within that is this fear of valuation. The valuations are now very rich. What's your response to individual clients about – it's not too late, they haven't missed it. It's still a bull market. In fact, we would argue a new bull market began in April with a new economic cycle. What is your response to those folks who have that angst? Daniel Skelly: Two things. One is the market today looks totally different than it did in the past, and AI is no doubt one big part of that. The composition of the market in many ways is higher quality, less debt, more recurring revenue. Big call option on productivity coming from AI earnings, power, et cetera. So, we think the market should trade at richer levels than it did in the past, point number one. Point number two, we would say whereas most people say time is your friend – for individual investors, they would also say valuation is no short term or short run indicator, but it's the best long run indicator. And looking at today's, again, extended levels of valuation relative to history – they would say that's not going to play out well over the long run. I would actually take the other side of that. I think that the earnings and the economic potential unleashed not just from AI, but some of these fiscal and monetary policies could create tremendous margin earnings potential in the long run. And so, I think today we're looking at a level of multiples that appears artificially high. And based on what could be a big earnings inflection point in that multi-year timeframe could frankly just be superficially high. Mike Wilson: Well, Dan, it's always great to get your perspective. I always enjoyed chatting with you. Daniel Skelly: Likewise. Mike Wilson: Thanks for coming on the show and sharing it with our listeners. It's great to see you. Daniel Skelly: Thanks Mike. Mike Wilson: And thanks to our listeners. Thanks for tuning in and 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.

Dividend Cafe: December 3rd Market Update and Economic Insights In this episode of Dividend Cafe, host Brian Szytel from The Bahnsen Group provides an update on stock market performance, noting gains in major indices and a rotation from growth sectors to value-oriented sectors. He discusses the impact of a Wall Street Journal article about the potential nomination of Kevin Hassett as the next Fed Chair, current Fed policies, and interest rate expectations. The episode also covers recent economic data, including a significant miss in ADP payroll numbers and better-than-expected ISM services data. Brian answers a listener question about asset allocation and rebalancing, emphasizing a customized, goals-based approach over a one-size-fits-all strategy. 00:00 Introduction and Market Overview 00:42 Fed Chair Speculations and Market Reactions 02:20 Economic Indicators and Market Impact 03:53 Ask TBG: Asset Allocation Insights 05:45 Conclusion and Final Thoughts Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

December begins with a decided risk-off mood in financial markets, led by more painful liquidations in crypto. Bitcoin starts off the month with a nearly 7% drop to what would be a new recent low. Why? Economic woes continue to dominate concerns. Starting with Chicago, ISM's regional business barometer put up its largest single month decline in new orders in more than two years. Backlogs crashed by nearly 22 points to the lowest since March 2009. Its employment index fell to the worst since May 2009, with not a single respondent saying it had increased employment last month. Eurodollar University's Money & Macro Analysis---------------------------------------------------------------------------------------------------------------------What if your gold could actually pay you every month… in MORE gold?That's exactly what Monetary Metals does. You still own your gold, fully insured in your name, but instead of sitting idle, it earns real yield paid in physical gold. No selling. No trading. Just more gold every month.Check it out here: https://monetary-metals.com/snider------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Eurodollar University's AFTER BLACK FRIDAY SALEGet our DDA+ subscription including the DDA, a membership, and the Daily Briefing for one ultra-low price. Not only that, we'll also include the Substack One Big Weekly Theme subscription to. Huge value and huge savings. https://https://www.eurodollar.university/black-friday-2025---------------------------------------------------------------------------------------------------------------------ISM Chicago Business Barometer November 2025https://drive.google.com/file/d/1N7xXT_P4Z_g7u0dJYI_kOYkSk1fcvLcQ/viewISM Manufacturing November 2025https://www.ismworld.org/supply-management-news-and-reports/reports/ism-pmi-reports/pmi/november/S&P Global Press Releaseshttps://www.pmi.spglobal.com/public/release/pressreleasesBloomberg Small Businesses Turn to Lending Startups as Tariff Costs Mounthttps://www.bloomberg.com/news/articles/2025-09-15/tariffs-drive-small-importers-to-costly-loans-as-lending-startups-surgeBloomberg First Brands' Blowup Puts Trade Finance in Spotlighthttps://www.bloomberg.com/news/newsletters/2025-10-19/first-brands-blowup-puts-trade-finance-in-spotlight-jnj-jpm-ubs-jefhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU