Podcasts about Magnificent Seven

What a week. The Federal Reserve is hiking rates again, inflation remains stubborn, Washington is rewriting the rules for digital assets, Bitcoin is moving, and the Magnificent Seven are starting to tell very different technical stories. On today's TraderMerlin, we're wrapping up one of the more consequential trading weeks we've seen recently and connecting the dots between monetary policy, inflation, technology, crypto and the trades I'm personally watching. The biggest story was clearly the Federal Reserve. The Fed raised rates 25 basis points to 3.75%–4.00%, marking its first rate hike in more than three years. But the quarter-point increase itself isn't the important part. The important question is: Is this one hike—or the beginning of another tightening cycle? That question became even more important after the latest inflation numbers. August CPI rose 0.4% for the month and 3.4% year-over-year, while producer prices increased 0.4% for the month and 5.4% over the past year. Inflation isn't dead. And if prices continue pushing higher, the Fed may have more work to do. Meanwhile, the digital-asset world had a massive week of its own. The CLARITY Act ran into trouble in Washington, the battle over stablecoin yield and community-bank deposits intensified, and the SEC rolled out its new Innovation Exemption, opening the door for certain tokenized U.S. stocks to trade onchain through permissioned automated market makers and liquidity pools. Crypto isn't just sitting on the outside of traditional finance anymore. The infrastructure is beginning to merge. We'll break down: The Fed – Why rates went higher and what could come next Inflation – What CPI and PPI are telling us about the road ahead Digital Assets – CLARITY, stablecoins, SEC/CFTC developments and tokenization Bitcoin & Crypto – What the changing regulatory landscape means for traders Magnificent Seven Technicals – Apple, Microsoft, Nvidia, Amazon, Alphabet, Meta and Tesla Market Leadership – Are the Mag 7 still driving this market—or is leadership beginning to fracture? My Trades – Updates on the positions I'm currently watching, what's working, what isn't and how I'm managing risk The Magnificent Seven may be especially important here. For years, traders could almost treat these companies as a single trade. That's changing. Some charts remain technically strong while others are showing very different momentum, support and resistance structures. That divergence can tell us a lot about what's happening underneath the major indexes. And, as always, I'll finish with updates on my own trades—because analyzing markets is one thing. Putting your money on the line is another. Listen now:

Goldman Sachs' John Flood breaks down the anxiety building beneath the market and whether investor positioning has become too cautious. Affirm CEO Max Levchin explains how the company is using AI to improve loan quality and what the technology means for the future of consumer lending. PIMCO's Pramol Dhawan discusses emerging markets and where he sees opportunities across the globe. Meantime, 3Fourteen Research's Warren Pies upgrades equities to overweight as the AI trade regains momentum and the Magnificent Seven hit new highs. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Victoria Fernandez dissects Intuit (INTU), explaining why it has struggled to gain customers despite dependable revenue, even as other software names recover from the "SaaS apocalypse." She notes the broader tech sector's resurgence and the surprising strength of "Magnificent Seven" stocks like Apple (AAPL) and Meta (META), and offers a cynical take on the Treasury's bond market actions as a mere "warning shot" against an unyielding market.======== 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/schwab-Network/dp/B08JJRQG9T/Watch on Sling - https://watch.sling.com/1/channel/bb1b75050268416e82a557ff6387bff3/browseWatch on Vizio - https://www.vizio.com/en/watchfreeplus/catalog/live-tv-channels/3123029569/schwab-networkFollow 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 - About | Schwab Network

Single stock futures are back—and this time the market may be ready for them. On this episode of This Week in Futures Options, Mark Longo welcomes Tim McCourt, Senior Managing Director and Global Head of Equity, FX and Alternative Products at CME Group, for a deep dive into the return of single stock futures. They discuss what makes this new generation of single stock futures different, the role of the Magnificent Seven, growing retail participation, cash settlement, capital efficiency and the push toward nearly around-the-clock equity trading. Tim also breaks down the early response to CME Group's standard and micro single stock futures, how traders are using them around earnings, and whether options on single stock futures could eventually be next. Plus, we analyze the latest action across the futures options markets, including energy, metals, crypto and a closer look at some interesting Nasdaq options activity.

Host: Lalo Solorzano Guest(s): Michael Laden Published: September 11, 2026 Length: 40:24 Presented by: Global Training Center Summary In the aftermath of September 11, 2001, U.S. Customs faced an unprecedented challenge: protect the country from another attack without bringing legitimate international trade to a standstill. In this episode of Simply Trade, Lalo Solorzano sits down with Michael Laden, one of the original private-sector architects who helped shape what became the Customs Trade Partnership Against Terrorism (CTPAT). At the time, Michael was a senior trade executive at Target, overseeing a massive global supply chain involving thousands of vendors across 84 countries. The morning after the attacks, he sent a short email to U.S. Customs offering to help. Within 20 minutes, his phone rang. That call would eventually put Michael in meetings with Customs officials and approximately 50 experts from across the international trade community as they worked at extraordinary speed to rethink cargo security. Michael shares the story from inside those rooms: the lessons Customs learned about global supply chains, why the private sector insisted CTPAT remain voluntary, the role of the original seven charter members, and how Target discovered that stronger security could actually make its supply chain more efficient. Twenty-five years later, this is the story of how crisis, collaboration, and practical trade experience helped reshape supply chain security. Main Topic / Discussion When Trade Changed Overnight Following the September 11 attacks, Customs elevated security to its highest priority. Inspections intensified, border traffic slowed dramatically, and just-in-time supply chains began breaking down. Michael recalls watching the attacks from Target's offices and realizing later that evening that international trade was about to change. The following morning, he emailed Bonni Tischler, then Assistant Commissioner for Field Operations at the U.S. Customs Service, offering to help from his positions at Target, COAC, and AAEI. Within approximately 20 minutes, he received a call asking him to come to Washington as soon as flights resumed. Separating the Known From the Unknown Michael's central idea was straightforward: Customs needed a way to distinguish trusted, known companies and supply chains from unknown and potentially higher-risk shipments. He pointed to the Business Anti-Smuggling Coalition (BASC), an existing initiative designed to harden supply chains against narcotics smuggling, and suggested adapting the concept to address terrorism on a global scale. That idea became part of the foundation for what ultimately developed into CTPAT. Teaching Customs How Supply Chains Really Worked One of Michael's most revealing stories comes from a meeting with Customs investigators. Officials wanted Target to guarantee that every shipment entering the United States was completely secure. Michael explained the enormous complexity behind such a request: Target worked with approximately 15,000 vendors across 84 countries. The exchange exposed a critical knowledge gap. Customs understood what happened when cargo arrived at a U.S. port of entry, but the agency needed private-sector expertise to understand everything that happened upstream throughout a global supply chain. Building CTPAT at “Warp Speed” COAC convened approximately 50 private-sector experts representing importers, exporters, brokers, freight forwarders, ports, truckers, airlines, and other parts of international transportation. Working alongside Customs, the group examined individual supply-chain modes and helped develop the framework that became CTPAT. Michael also describes debate inside government over which agency should control incoming cargo and explains why members of the trade community strongly advocated for Customs to retain that responsibility. The program was formally launched on April 16, 2002, with seven charter members Commissioner Robert Bonner referred to as the “Magnificent Seven.” Why CTPAT Was Voluntary According to Michael, the trade community strongly pushed for CTPAT to begin as a voluntary partnership. The reasoning was important: a mandatory system would put every importer into essentially the same regulatory pool. A voluntary program could instead reward companies willing to invest in stronger security while allowing Customs to focus greater scrutiny on companies and supply chains outside the program. Security That Improved the Business When Michael asked Target leadership to support the initiative, executives naturally wanted to know what it would cost. The surprising result was that some changes made to secure Target's supply chain actually saved money. The company identified redundancies, improved transportation processes, increased efficiency, and strengthened security at the same time. For Michael, that remains an important lesson for companies evaluating CTPAT today: supply-chain security does not necessarily have to come at the expense of operational efficiency. Key Takeaways • CTPAT grew from an urgent post-9/11 need to secure international supply chains without stopping legitimate global commerce. • Government could not secure the international supply chain alone. The program required collaboration with the companies, carriers, logistics providers, and professionals who actually operated those supply chains. • Michael Laden's early recommendation to adapt concepts from BASC helped frame a system in which Customs could better separate known, trusted supply chains from unknown risks. • Twenty-five years later, CTPAT demonstrates how security and trade facilitation can reinforce each other—and how stronger supply-chain controls can sometimes create operational efficiencies rather than simply additional costs. Resources & Mentions • Global Training Center • Michael Laden — “The Genesis of the U.S. C-TPAT Program” • Robert Bonner — Testimony Before the 9/11 Commission • The Washington Post — “Nation to Boost Anti-Terrorism Precautions” • Voice of America — “New Security Measures Cause Traffic Jams at U.S.–Mexico Border” • Voice of America — “September Terror Attacks Tighten U.S.–Mexico Border” • UTEP/El Paso Borderplex Research Compilation • Michael Laden — “C-TPAT Off the Rails” • CBP — Customs Trade Partnership Against Terrorism (CTPAT) Credits Host: Lalo Solorzano Guest(s): Michael Laden - LinkedIn Producer: Lalo Solorzano

Episode 367 of The Independent Advisors Podcast: Is the Market Really Expensive? Matt covers oil prices crossing $100 a barrel amid Middle East tensions, a stronger than expected jobs report, and rising Treasury yields.He then breaks down market valuations in detail, arguing the market isn't as expensive as headlines suggest once you factor in interest rates and earnings growth, and highlights the S&P 500's PEG ratio sitting near a 30-year low.The episode closes with a first-of-its-kind data point: the Magnificent Seven are now negatively correlated with market momentum stocks. This podcast is for informational purposes only and does not constitute tax, legal, or financial advice. Advisory services are offered through Jessup Wealth Management, an SEC Registered Investment Advisor.If you've been enjoying The Independent Advisors Podcast for a while now and want to take the next step in your financial journey, I'd encourage you to head to our website, jessupwealthmanagement.com. Matt offers a 15-minute initial call where you can discuss your financial goals and see if JWM is a good fit for your needs.Scheduling is easy, once you land at jessupwealthmanagement.com just click "Schedule Initial Call" and select a time that works best for you! There's a quick survey to fill out that will help guide the conversation and ensure your time is used efficiently.If you're ready to learn more, visit jessupwealthmanagement.com and book your call today!

Where are the markets headed—and what should investors actually be paying attention to? John Savarino sits down with Planning & Trading Advisor Andrew Lee for a timely look at where the Rooted team's head is as we close out the third quarter and look toward Q4 and 2027.They dig into the influence of Big Tech and the Magnificent Seven, the continued AI boom, energy markets, interest rates, and the key economic data that could shape the Fed's next moves. Andrew also shares what the team is watching as the year progresses and how managing risk, making thoughtful adjustments, and staying properly positioned can matter more than trying to predict exactly what the market will do next.

Welcome to a special, long-form collaboration: The Regrettable Century and VarnVlog combined in our Captain Planet team of pessimism. Today, we are opening up a comprehensive multi-part investigation into New York Times columnist Ross Douthat's landmark 2020 thesis, The Decadent Society: How We Became the Victim of Our Own Success. Drawing its name and conceptual infrastructure from Jacques Barzun's classic From Dawn to Decadence, Douthat's work defines a decadent society not as a spectacular moral collapse, but as an advanced state of structural stasis. It is a condition where a society remains remarkably wealthy off of past advancement and technologically proficient off of prior development—what Marxists would define as the crushing weight of dead labor—yet is fundamentally unable to advance any further economically, scientifically, or culturally. Douthat paradoxically kicks off his book by quoting Marxist theorist Antonio Gramsci on the interregnum—the morbid symptoms that emerge when the old is dying and the new cannot be born. We seize on this crossover, exposing a fascinating systemic reality: modern post-liberal, distributist, and traditionalist conservatives are quietly haunted by the exact same structural trends that Marx tracked via the tendency of the rate of profit to fall. They observe secular stagnation all around them, yet must look to Aristotle, Ibn Khaldun, Adam Smith, or David Ricardo to describe it because they are ideologically barred from admitting Marx was right. We parse through the first major horseman of the book—Stagnation—and apply it to our 2026 material realities: The Let's-Pretend Economy: We re-read Douthat's pre-COVID evaluation of tech "unicorns" like Uber and WeWork. We map how this pattern of "let's pretendism" has seamlessly mutated into the massive generative AI and large language model (LLM) bubble—where over-inflated tech valuations run on billions of dollars of burning venture capital while generating zero real-world productivity growth. The Chip Monopoly Mirage: Why the only true driver of physical profitability in the Magnificent Seven stock cluster remains the actual commodity production of silicon chips, while the rest of the tech ecosystem functions as an elite real-estate leasing scam. The Demography Bomb: A preliminary look at the collapse of global social reproduction. We track why the aging out of the Baby Boomers and the severe contraction of global birth rates have left the imperial core, Europe, and China facing identical structural resource deadlocks. The Geopolitical Quagmire: How the escalating cost structures of the permanent arms economy prevent the Western core from manufacturing basic munitions efficiently, trapping modern empires into proxy-war management. We strip away the shallow, vibes-based discourse of the modern culture wars to map out the long-durée arc of a global system running out of track. Read the history, check the material baselines, and protect your peace.   Douthat, Ross. The Decadent Society: How We Became the Victims of Our Own Success. New York: Avid Reader Press, 2020.   Support our collaborative efforts on Patreon: VarnVlog: https://www.patreon.com/varnvlog

Investors are heading into a pivotal week with inflation data, rising energy prices, and the Fed's next rate decision all in focus.Mike Armstrong and Paul Lane discuss why the Fed's September meeting could become a major credibility moment, how higher interest rates can pressure stocks, and why AI remains the driving force behind the market rally. Luke Kawa of Sherwood News joins the show to break down the Magnificent Seven, Oracle's role as an OpenAI proxy, and what credit markets may reveal about the AI CapEx boom. They also cover diesel prices, the FIRE movement, Hollywood's changing box office math, and the return of pension plans.

NVIDIA closes its $12.93 billion acquisition of Hugging Face, Anthropic signs its third $30 billion-plus compute deal in three weeks, and Signal65 launches its new PINNACLE agentic AI benchmark just in time to catch Claude Fable 5.1 topping the charts, all while Dell, HPE, Broadcom, and Snowflake post a blowout week of AI-driven earnings. Patrick Moorhead and Daniel Newman have all the details on Ep. 318 of The Six Five Pod. The handpicked topics for this week are: NVIDIA's $12.93 Billion Acquisition of Hugging Face: NVIDIA closed its purchase of Hugging Face this week after days of rumors, structured as a full acquisition rather than a licensing deal like NVIDIA's earlier Grok arrangement. Moorhead frames the deal as NVIDIA's bid to own the entire developer pipeline, with GitHub as the first stop and Hugging Face as the second, and the platform's Spaces service giving NVIDIA a way to run workloads once developers arrive. (The Decode) Anthropic's $35 Billion Compute Deal With Lambda: Anthropic signed its third $30 billion-plus compute commitment in three weeks, this time with NVIDIA-backed Lambda managing infrastructure inside a data center owned by crypto infrastructure company Hut 8. The deal covers 350 megawatts over six years, and Newman ties it directly to Anthropic's revenue run rate climbing from about $10 billion to $65 billion since the start of 2025. (The Decode) A 72-Hour Wave of Frontier Model Launches: Claude Fable 5.1, OpenAI's GPT-6 Astra, Google's Gemini 3.8 Flash, Meta's Muse Spark, and six new models from the UAE's MBZUAI all shipped within days of each other. Moorhead and Newman frame the pace as evidence that model rankings now shift day to day, a much faster cycle than the weeks-long stretches leaderboards used to hold. (The Decode) John Ternus Takes Over as Apple CEO: Moorhead calls it a continuity pick that promotes the engineer who built Apple's hardware moat. Newman notes Tim Cook's buyback record, $867 billion in total repurchases, exceeded the combined total of the rest of the Magnificent Seven during his tenure. (The Decode) Signal65 Launches the PINNACLE Agentic AI Benchmark: Signal65 President Ryan Shrout joined Pat and Dan to detail PINNACLE, a new benchmark built to measure real, enterprise-relevant agentic work across model intelligence, infrastructure performance, and full-stack cost per correct task. Shrout says the benchmark already caught Fable 5.1 jumping ahead of Opus 5 and GPT-5.6 Sol on intelligence within days of the model's release. That same result also came in as the most expensive model per correct answer. (Off The Record) Dell Technologies (DELL): Dell delivered $47 billion in revenue, up 58%, with $16.4 billion in AI servers and a $95 billion AI backlog. Newman calls out strong storage and CPU server performance, along with the backlog. He flags financing risk tied to Dell's Neo Cloud customers as the one weak spot in an otherwise dominant quarter. (Bulls and Bears) Hewlett Packard Enterprise (HPE): HPE beat on revenue and non-GAAP EPS with a double beat on guidance, and Moorhead points to networking orders compounding faster than revenue can be recognized as the standout signal. The stock sold off anyway on questions about margin mix and supply. CEO Antonio Neri's focus on selective, less price-sensitive deals is already showing up in a repaired balance sheet. (Bulls and Bears) Broadcom (AVGO): Broadcom tripled its AI business to $16.7 billion, up 221%, and raised its fiscal 2028 AI revenue outlook to $230 billion. Newman says the market wanted the number closer to $300 billion and sold off on the guide. Broadcom still posted record $29.6 billion total revenue and continued strength across networking and storage controllers. (Bulls and Bears) Snowflake (SNOW): Snowflake beat on revenue, non-GAAP EPS, and forward guidance, with AI products across Cortex and its new coding agent driving roughly half the beat. Sell-side price targets moved sharply higher across more than a dozen firms, and Newman ties the 111 percent stock gain since the software sell-off to the same pattern he's tracked through the DeepSeek moment and the "software is dead" narrative: markets consistently overreact to those stories before reversing. (Bulls and Bears) Thanks for tuning in to the pod. Hit that subscribe button, and check out the new Signal65 PINNACLE benchmark at pinnacle.signal65.com. The Decode NVIDIA's $12.93 Billion Acquisition of Hugging Face https://techcrunch.com/2026/09/03/nvidia-confirms-it-will-buy-hugging-face-for-12-9-billion/ Anthropic's $35 Billion Compute Deal With Lambda https://www.reuters.com/technology/anthropic-signs-35-billion-cloud-deal-with-nvidia-backed-lambda-source-says-2026-08-31/ A 72-Hour Wave of Frontier Model Launches https://www.anthropic.com/claude-fable-and-mythos-5-1 https://openai.com/index/path-to-astra/ John Ternus Takes Over as Apple CEO https://www.apple.com/newsroom/2026/04/tim-cook-to-become-apple-executive-chairman-john-ternus-to-become-apple-ceo/ Off The Record Signal65 Launches the Pinnacle Agentic AI Benchmark https://pinnacle.signal65.com/ Bulls and Bears Dell Technologies (DELL) https://www.barrons.com/articles/dell-stock-soars-q2-earnings-guidance-beat-d07d0ee7 Hewlett Packard Enterprise (HPE) https://www.hpe.com/us/en/newsroom/pressrelease/2026/09/hpe-reports-fiscal-2026-third-quarter-results.html Broadcom (AVGO) https://investors.broadcom.com/news-releases/news-release-details/broadcom-inc-announces-third-quarter-fiscal-year-2026-financial Snowflake (SNOW) https://investors.snowflake.com/news/news-details/2026/Snowflake-Reports-Financial-Results-for-the-Second-Quarter-of-Fiscal-2027/default.aspx  

Scott Wapner and the Investment Committee debates the return of the Mag 7 and share their top strategies with those names. Plus, the desk shares their latest portfolio moves. And later, CNBC's Oliver Renick joins us to discuss the latest Options Action on SpaceX. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Yes, physical gold is a safe haven, but gold also attracts a lot of speculative capital, particularly the paper markets. Gold futures are among the most traded futures in the world, and there is nothing physical about them. So when there is a panic, gold tends to sell off along with everything else as liquidity dries up and everyone rushes to cash.The US dollar is actually the safe haven, except that it isn't, because you are bleeding 7 or 8% of value every year to money supply growth.I am getting so many messages at the moment asking me what to do “when the collapse comes”, as though the collapse of fiat is a foregone conclusion. I don't think it is. I think continued depreciation is more likely. Fiat could collapse, of course, but we are in a probabilities game and I'd give it perhaps a 25% probability, while continued depreciation I'd put at well over 50% likelihood.At present we have three financial storms on the horizon. Whether they actually reach us or not remains to be seen, but we should be aware of them nonetheless, so that we can be prepared if they do eventually close in.Nasty stock market correction ahead?They are, first, the fact that US markets are so leveraged to AI. You don't even need the AI bubble to pop, you just need it to deflate a little bit, and it takes the S&P500 down with it.It's not like I, and many others besides, haven't mentioned this before, but it bears mentioning again: the Magnificent Seven, which are highly AI oriented, currently account for about a third of the combined market capitalisation of the S&P's 500 companies. Ten years ago the equivalent concentration was around 15%, and that seemed like a lot.From an asset allocation perspective - particularly with so much passive investing - this is dangerous, to put it mildly. Concentration is fine when markets are going up. If you're concentrated in the right sector you make a lot of money. But when things unravel you get your backside handed to you on a plate. Diversification spreads risk. The S&P500 “should” be diversified. It isn't. Passive investing is supposed to be diversified. It isn't.But this has been the case for a long time. It hasn't mattered. It doesn't matter until it does.Then there is the fact that every mid-term election years have a tendency to deliver autumn drawdowns. According to some sources, every year. If we get a significant drawdown in the S&P500, the safehaven that is gold will sell off too.Wobbly bondsThe second financial storm - is it even on the horizon any more? - lies in the government bond market. It's worth remembering just how large the bond market is. The global value is estimated at around $145 trillion, so larger than the combined stock market which is closer to $130 trillion.You have probably seen headlines this week saying bond markets are “on fire” and that governments are “in hock to the bond market”. Government debt across the developed world - and deficits with it - have risen dramatically since Covid, and the bond markets are not so willing to finance that borrowing at the ultra-low rates of the previous decade. Investors want more yield for their risk. Can't say I blame them.That basically translates as, “if I am to lend you money for ten years, you are going to have to pay me 5% interest, maybe more. 2% is no longer enough.”As yields rise, the cost of servicing debt rises with them. Just a small increase can add tens of billions to annual interest payments.The US has the enormous advantage of issuing the world's reserve currency, but its huge structural deficits mean it is vulnerable. Japan, Britain, France and Italy are particularly at risk because they combine high debt burdens with fiscal or political problems.Higher yields mean higher interest payments, which make deficits larger, requiring governments to issue still more debt. Vicious circle time. Governments try to avoid this by issuing shorter-term debt, but that merely increases refinancing exposure. The US Treasury's increasing reliance on shorter maturities is therefore a concern.Politicians might promise to spend more, but somebody has to buy their debt. If investors want a significantly higher return, governments may find that fiscal policy is increasingly dictated by the bond market rather than by politicians.You may see that as a good thing and it probably is. Government spending has to be reined in somehow. But higher interest rates will put pressure on real estate and equities, and they increase the likelihood of defaults, which tend to snowball. See 2008 for more details.Defaults should also increase demand for gold, because there is no liability or counterparty. But that doesn't happen straight away, necessarily. The liquidity has to come out of the market first, and that means everything goes lower. Just gold doesn't go down quite as much and it turns back up first.The reaction of governments to a debt crisis will of course be to print. And that too benefits gold.Which brings us to financial storm number three on the horizon, although this one is really a subset of two.The UK. It is a standout amongst all of this. Our interest rates are already high, which means greater pressure on the government (they are the main reason sterling has held up). We have a new Prime Minister, who is currently trying to buy popularity and who seems to think that the solution to many of the UK's problems is more government spending, not less, and that will require more borrowing and higher taxes. But he has inherited a precarious fiscal position and a bond market that is already demanding a substantial return. Ten-year gilt e yields have risen above 5%, their highest level in 18 years, and longer-term borrowing costs have reached a 28-year high, with 30-year gilt yields closing down on 6%.The political situation is also awkward. The combined right-wing vote exceeds the Labour vote by some considerable distance, but it is split between the Tories, Reform and Restore. Does Burnham exploit this to call an early election? Will his backbenchers even let him if he wants to do this? Will an early election mean greater or less stability?On the other hand high rates are at least propping sterling up. I say propping up. On a purchasing power parity basis, the UK is actually cheap and sterling too. Doesn't mean it can't get cheaper. As UK nationals, we have inevitable exposure to sterling, but the prudent thing for a UK citizen to do is reduce sterling exposure. Hold non-government currencies is my advice: gold and bitcoin. I'll have more on the la tter soon.BOLD.L might be the way. Most roads lead to gold at the moment but they are rocky roads.If you live in a third world country such as the UK, I urge you to own gold or silver. The pound will be further devalued, as will the euro and dollar. The bullion dealer I use and recommend is The Pure Gold Company. They deliver to the UK, the US, Canada and Europe. More here.Other mattersI have turned my Britain On Sale series of seven undervalued companies that could be taken out during the current takeover frenzy into a downloadable PDF report. Here it is.There is a real opportunity here right here and now. I cannot stress that enough. The UK is cheap and being bought up.And last but not least, The Secret History of Gold is now out in paperback in the UK, so get your copy now. It has had excellent reviews and has now reached best seller status, I'm delighted to report, with the audiobook especially popular. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe

Sheffield Wednesday. Seven goals. Nine goals in one afternoon. New signings. Injuries. And potentially another new arrival on the way. It's certainly not been a quiet week at Hillsborough!⚠️ A quick heads-up before we get going – we have a few sound issues right at the start of the show, but they don't last long and everything soon gets back to normal. Stick with us!This week on The Wednesday Week, we're looking back at an extraordinary few days for Sheffield Wednesday, starting with Tuesday night's 2-0 Carabao Cup defeat to Wolves before getting stuck into Saturday's remarkable 7-2 demolition of Bromley in League One.We discuss Louie Barry's brace, impressive performances from Jamal Lowe, Mason Burstow and Callum Slattery, the attacking football on display and whether this result tells us something significant about what Henrik Pedersen is building at Hillsborough.Away from the pitch, there's plenty to talk about too. Reece James is officially back at Sheffield Wednesday, Iraqi international Ali Al-Hamadi has arrived on loan from Ipswich Town and rumours are gathering pace that Manchester City youngster Jaden Heskey could be heading back to Hillsborough.But there are concerns too, with Sil Swinkels, Max Lowe and Harry Gray all facing injury problems as Wednesday's squad continues to evolve.Plus, we'll round up the rest of the latest news from around the club, including the latest from Sheffield Wednesday Ladies.It's another packed edition of The Wednesday Week – the award-winning independent Sheffield Wednesday podcast.Sheffield Wednesday. The good, the bad and the downright ridiculous.

We're stalking the political problems of our latest sequel like the previously level headed and now murderous Chris stalks characters in The Magnificent Seven Ride! That exclamation point finishes the sentence and the title of the movie. You'll hear what we think of Lee Van Cleef taking over the role of Chris and how much his performance changes the essence of the character, several observations about how this movie seems to side with Richard Nixon and his republican friends think about young people and justice, and a talk about how useless it is to introduce your villain about sixteen minutes from the end of your film. Enjoy! Thanks to our monthly supporters Matt and Vicki S Kate L Daniel Prudhoe Andrew Pangle Vegas Beer Guys Matthew Aldrich Edward Lankford Heather Sahami

Original ⁠⁠https://youtube.com/live/uEDLD35Jl5YLINK ARTICULO https://inversionesytrading.com/acciones-stocks/petroleo-2/PUNTOS:

Action Film Face-OffEpisode 96: War Wagon (1967) vs Magnificent Seven (1960)Welcome to the 96th episode of Action Film Face-Off! RETRO-REWIND EPISODE!Our Retro-Rewind randomizer - set to pick years in the range of 1950-1969 - selected 1967 & 1960, so here are our contestants:War Wagon (1967) vs Magnificent Seven (1960)Who will win in the Classic Westerns showdown? Find out as they battle for 6 rounds in our videodome!Be sure to check out all the other Longbox Crusade shows at: www.LongboxCrusade.comLet us know what you think!Leave a comment by sending an email to: contact@longboxcrusade.comThis podcast is a member of the Longbox Crusade Network:LINKTREE: https://linktr.ee/longboxcrusadeFollow on TWITTER: https://twitter.com/LongboxCrusadeFollow on INSTAGRAM: https://www.instagram.com/longboxcrusadeLike the FACEBOOK page: https://www.facebook.com/LongboxCrusadeSubscribe to the YouTube Channel: https://goo.gl/4LkhovSubscribe on Apple Podcast at:https://itunes.apple.com/us/podcast/the-longboxcrusade/id1118783510?mt=2Thank you for listening and we hope you have enjoyed this episode of Action Film Face-Off.#actionfilm #actionmovies #moviereviews #moviereview #movies #WarWagon #MagnificentSeven #Magnificent7 #1967 #1960

Action Film Face-OffEpisode 96: War Wagon (1967) vs Magnificent Seven (1960)Welcome to the 96th episode of Action Film Face-Off! RETRO-REWIND EPISODE!Our Retro-Rewind randomizer - set to pick years in the range of 1950-1969 - selected 1967 & 1960, so here are our contestants:War Wagon (1967) vs Magnificent Seven (1960)Who will win in the Classic Westerns showdown? Find out as they battle for 6 rounds in our videodome!Be sure to check out all the other Longbox Crusade shows at: www.LongboxCrusade.comLet us know what you think!Leave a comment by sending an email to: contact@longboxcrusade.comThis podcast is a member of the Longbox Crusade Network:LINKTREE: https://linktr.ee/longboxcrusadeFollow on TWITTER: https://twitter.com/LongboxCrusadeFollow on INSTAGRAM: https://www.instagram.com/longboxcrusadeLike the FACEBOOK page: https://www.facebook.com/LongboxCrusadeSubscribe to the YouTube Channel: https://goo.gl/4LkhovSubscribe on Apple Podcast at:https://itunes.apple.com/us/podcast/the-longboxcrusade/id1118783510?mt=2Thank you for listening and we hope you have enjoyed this episode of Action Film Face-Off.#actionfilm #actionmovies #moviereviews #moviereview #movies #WarWagon #MagnificentSeven #Magnificent7 #1967 #1960

Interest rates are climbing, inflation remains stubborn, and America's national debt has reached $40 trillion. Should investors be worried—or are rates simply returning to historical norms? In this episode of Payne Points of Wealth, Ryan Payne, Bob Payne, Chris Payne, and Courtney Garcia discuss what rising Treasury yields mean for stocks, bonds, mortgages, and the broader economy. They also examine the inflationary effects of tariffs, AI infrastructure spending, higher oil prices, federal deficits, and a weakening dollar. Plus, discover why market leadership is expanding beyond the Magnificent Seven—and where opportunities may be emerging in commodities, energy, healthcare, industrials, international stocks, emerging markets, and other inflation-sensitive investments.

Anna Bicker, Dr. Volker Zota und Malte Kirchner sprechen in dieser Ausgabe der #heiseshow unter anderem über folgende Themen: - Verräterischer Ton: Alibaba trackt AliExpress-Nutzer via Audio-Fingerprinting – Ein Entwickler bemerkte Aussetzer bei seinen Bluetooth-Kopfhörern und stieß dabei auf Skripte, die per Web Audio API unhörbare Signale erzeugen und daraus einen geräteindividuellen Fingerabdruck errechnen – ganz ohne Cookies. Wie funktioniert Audio-Fingerprinting technisch? Warum reicht die reine Cookie-Ablehnung nicht mehr aus, um sich vor Tracking zu schützen? Und welche Konsequenzen sollte ein solcher Fall haben? - Vor dem Platzen? EZB warnt vor den Folgen einer KI-Blase – Eine Expertengruppe der Europäischen Zentralbank hält eine Kurskorrektur bei KI-getriebenen Tech-Aktien für wahrscheinlich – und sieht auch den Euroraum über Investmentfonds erheblich exponiert. Wie realistisch ist ein Szenario wie beim Platzen der Dotcom-Blase? Was würde ein Kursrutsch bei den „Magnificent Seven“ für europäische Sparer bedeuten? Und hat die Politik überhaupt noch genügend Spielraum, um gegenzusteuern? - Robotaxi rollt an: Waymo kündigt Betrieb in München an – Ende 2027 will Waymo in der bayerischen Landeshauptstadt einen vollautonomen Taxidienst ohne Sicherheitsfahrer starten – als erste Stadt der EU. Zunächst kartieren manuell gesteuerte Fahrzeuge das Straßennetz. Warum fällt die Wahl ausgerechnet auf München? Wie gut ist Deutschland regulatorisch auf autonome Mobilität vorbereitet? Und kann Waymo hier mit Uber und lokalen Wettbewerbern mithalten? Außerdem wieder mit dabei: ein Nerd-Geburtstag, das WTF der Woche und knifflige Quizfragen.

Anna Bicker, Dr. Volker Zota und Malte Kirchner sprechen in dieser Ausgabe der #heiseshow unter anderem über folgende Themen: - Verräterischer Ton: Alibaba trackt AliExpress-Nutzer via Audio-Fingerprinting – Ein Entwickler bemerkte Aussetzer bei seinen Bluetooth-Kopfhörern und stieß dabei auf Skripte, die per Web Audio API unhörbare Signale erzeugen und daraus einen geräteindividuellen Fingerabdruck errechnen – ganz ohne Cookies. Wie funktioniert Audio-Fingerprinting technisch? Warum reicht die reine Cookie-Ablehnung nicht mehr aus, um sich vor Tracking zu schützen? Und welche Konsequenzen sollte ein solcher Fall haben? - Vor dem Platzen? EZB warnt vor den Folgen einer KI-Blase – Eine Expertengruppe der Europäischen Zentralbank hält eine Kurskorrektur bei KI-getriebenen Tech-Aktien für wahrscheinlich – und sieht auch den Euroraum über Investmentfonds erheblich exponiert. Wie realistisch ist ein Szenario wie beim Platzen der Dotcom-Blase? Was würde ein Kursrutsch bei den „Magnificent Seven“ für europäische Sparer bedeuten? Und hat die Politik überhaupt noch genügend Spielraum, um gegenzusteuern? - Robotaxi rollt an: Waymo kündigt Betrieb in München an – Ende 2027 will Waymo in der bayerischen Landeshauptstadt einen vollautonomen Taxidienst ohne Sicherheitsfahrer starten – als erste Stadt der EU. Zunächst kartieren manuell gesteuerte Fahrzeuge das Straßennetz. Warum fällt die Wahl ausgerechnet auf München? Wie gut ist Deutschland regulatorisch auf autonome Mobilität vorbereitet? Und kann Waymo hier mit Uber und lokalen Wettbewerbern mithalten? Außerdem wieder mit dabei: ein Nerd-Geburtstag, das WTF der Woche und knifflige Quizfragen.

Bitwise just launched Automated Token Portfolios (ATPs), a new way to access professionally designed investment strategies directly from a crypto wallet. Could this be the next evolution of asset management after ETFs? Ryan Rasmussen, Head of Research at Bitwise, joins Milk Road Crypto to break down the launch of ATPs, created in partnership with Coinbase and Glider. Ryan explains how these portfolios combine Bitwise's investment strategies, Coinbase's tokenized stocks infrastructure, and Glider's onchain automation to give investors exposure to thematic portfolios including AI, robotics, and the Magnificent Seven plus SpaceX.~~~~~

Highlights: • Nvidia earnings setup driving market uncertainty • PCE report shaping rate and inflation expectations • S&P support levels near key moving averages • Chip weakness versus Magnificent Seven rotation • VIX calm before possible September volatility • Gold breakout potential after strong rebound • Biotech leadership and medical stock momentum • Options strategies for defined-risk market exposure • Intraday trading tactics for fast-moving stocks   TimingResearch.com Crowd Forecast News Episode #542, recorded at 4PM ET on August 24th, 2026. The full video and show notes available here: https://timingresearch.com/blog/2026/crowd-forecast-news-episode-542/   Lineup for this Episode: • Erik Gebhard of Altavest.com • Sunny Harris of MoneyMentor.com • Harry Boxer of TheTechTrader.com • The Option Professor of OptionProfessor.com   Bonus info... [AD]

We're saddled and ready to ride as we talk about the 1969 sequel, Guns of the Magnificent Seven. You'll hear what we think of changing the casting of Chris from Yul Brynner to George Kennedy, how the approaching 1970's makes for this movie to take a dark turn towards bleakness, and why the performances of the supporting cast, including and especially Claude Akins. Enjoy! Thanks to our monthly supporters Matt and Vicki S Kate L Daniel Prudhoe Andrew Pangle Vegas Beer Guys Matthew Aldrich Edward Lankford Heather Sahami

On this episode of Simply Money presented by Allworth Financial, Bob and Brian examine whether the dominance of the Magnificent Seven is starting to fade, why owning the S&P 500 may leave you more concentrated than you realize, and how soaring valuations can create hidden risks for investors. Plus, they explain why diversification beyond mega-cap tech matters and how to rebalance highly appreciated stocks without letting the fear of taxes dictate your investment strategy.See omnystudio.com/listener for privacy information.

AI valuations are soaring, semiconductor stocks are surging again, and investors are asking the inevitable question: How much longer can this bull market run? In this episode of Payne Points of Wealth, Bob, Ryan, and Chris compare today's AI-driven rally with the late-1990s tech boom. They examine the risks behind massive AI spending, lofty valuations, increasing corporate debt, and rising global interest rates—while explaining why strong economic growth and record earnings could continue driving stocks higher. The Paynes also discuss why chasing the hottest investments can backfire, how market leadership is expanding beyond the Magnificent Seven, and where opportunities may be hiding in international stocks, emerging markets, value companies, commodities, and energy infrastructure. Plus, they explore signs of a shifting real estate market and how the enormous wealth of retiring baby boomers could support consumer spending for years to come.

Richard Taylor and Brian Dunhill are back with an unscripted breakdown of the forces driving global markets in August 2026.  First up, the Yen carry trade unravelling. Brian explains how the Trump administration quietly forced Japan to sell euros instead of US treasuries, what that reveals about a deliberate weak dollar policy, and why currency devaluation is now Washington's preferred tool for managing a 120% debt-to-GDP ratio. For expats and cross-border investors, the implications are massive.  Then, markets. Despite constant noise, the S&P 500 has had a strong run, but the Magnificent Seven are stumbling. Richard and Brian debate whether that's a healthy rotation into broader equities or an early warning that overexposed portfolios are about to feel pain.  They also dig into the US Strategic Petroleum Reserve dropping below 300 million barrels for the first time since the 1980s, why much of it may be unusable, and how rising gas prices could become the political pressure point that forces a resolution to the Iran conflict.  As always, real talk, zero scripts, and two advisors who manage money for a living trying to make sense of a genuinely chaotic month!  --  Expat Wealth is supported by Plan First Wealth. Plan First Wealth is a Registered Investment Advisor serving fellow expatriates and immigrants living across the US on matters such as retirement planning, investment management, tax planning and non-US asset management.    https://planfirstwealth.com/  --  Expat Wealth is affiliated with Plan First Wealth LLC, an SEC registered investment advisor. The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of Plan First Wealth.      Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Plan First Wealth does not provide any tax and/or legal advice and strongly recommends that listeners seek their own advice in these areas. 

Have you ever looked at your investment portfolio and wondered why only a handful of stocks seem to be driving all of the returns? In this episode of Pivot with Darryl Lyons, Darryl explains two important market concepts every investor should understand: market rotation and market broadening. As leadership shifts from the Magnificent Seven and large technology companies into other sectors, international markets, and smaller companies, investors are reminded why diversification remains one of the most effective long-term investment strategies. Darryl also answers a listener question about investing in precious metals, discussing when they may have a place in a portfolio and why purpose matters more than performance when making investment decisions. You'll learn: ●      What market rotation means and why it happens ●      Why broadening market participation is healthy for investors ●      How diversification can help reduce concentration risk ●      Why chasing recent winners often backfires ●      The role of small cap and international investments during changing market cycles ●      Whether precious metals deserve a place in your portfolio ●      Why patience is often rewarded more than prediction Whether you're preparing for retirement or simply looking to become a more disciplined investor, this episode offers practical insights into navigating changing market conditions with confidence. Benefiting from the show? We'd appreciate it if you left a review on your favorite podcast platform. Resources: https://www.msn.com/en-us/money/topstocks/heres-the-single-biggest-reason-the-bull-market-is-broadening/ar-AA29jgMw?ocid=BingNewsVerp  https://ca.finance.yahoo.com/news/morgan-stanley-outlines-sectors-set-121008283.html  https://advisor.zacksim.com/l/376582/2026-07-20/5vnhs8/376582/1784558279Z3C61WZp/2026_07_18_MOTM_Small_Cap_Outperformance_Signals_Br

Robert Pozen, senior lecturer at the MIT Sloan School of Management, says that investors with significant savings should eschew classic 60-40 diversification strategies for a mix that is almost entirely stocks, with no bonds at all. That strategy might sound odd, considering the source — Pozen is the former president of Fidelity Investments — but Pozen contends that long-term investors will be better off bucking up for the market's ride than they will be trying to protect themselves from downturns where the pain will be relatively short-lived. Pozen, who detailed his research in a recent Wall Street Journal column titled  "You're Probably Overinvested in Bonds," recognizes that his strategy will shake up portfolios, but says it also gives investors permission to let their winnings run, provided they don't have to tap the investments in order to meet living expenses. In the ETF of the Week, Todd Rosenbluth, head of research at VettaFi, is highlighting an ETF focused on blue-chip stocks, which requires defining what blue-chips really are and how it's not just the Magnificent Seven or the current mega-cap market leaders. He also notes how active management with brand-name companies can deliver returns that are different from index results, even if there is significant overlap on the names in a portfolio.  Plus, Ken Applegate, portfolio manager for the Wasatch International Growth and Global Opportunities funds, talks international small-cap investing in the Money Life Market Call.

Most business coverage focuses on companies, products, and technologies. Rarely does anyone ask the more important question: what is actually happening inside the market category that makes a business win or lose? The Pirate Street Journal exists to answer exactly that question. On this episode, Christopher, Eddie, and Bri unpacked three stories that expose how business really works, starting with one of the most surprising turnarounds in the restaurant industry: Chili’s is up over 500% since 2022, and the secret had nothing to do with artificial intelligence. The story of Chili’s parent company Brinker International challenges nearly every assumption that modern business culture makes about technology and growth. While the broader corporate world chases AI pilots and flashy robotics programs, Chili’s went the other direction. Their CIO Chris Caldwell invested in the fundamentals, and the results speak for themselves. Understanding why this worked requires looking at the deeper principles of category design and what it truly means to solve the right problem. This is just one of the topics that Pirates Christopher Lochhead, Eddie Yoon and Bri Clark discuss on this episode of Pirate Street Journal. Each week, the Category Pirates pick three headlines worth paying attention to and break down the category underneath. You're listening to Christopher Lochhead: Follow Your Different. We are the real dialogue podcast for people with a different mind. So get your mind in a different place, and hey ho, let's go.   Chili’s Bet on Basics Over Buzzwords Chili’s success came from a two-year Wi-Fi overhaul across 1,200 restaurants, 23,000 iPads to replace tablets that could not hold a charge through a shift, and 9,000 kitchen touch screens. The CIO’s team brainstormed dozens of AI use cases and kept only six or seven. They killed the robot servers entirely. What Chili’s actually did was identify the lowercase problems first, like whether staff could communicate with each other, before reaching for a technology solution. Communication is at the heart of what makes a restaurant work. As the hosts pointed out, anyone who has watched the show “The Bear” understands how high-stakes and fast-moving kitchen environments are. Chili’s fixed the foundation, and in doing so, created a compounding advantage over competitors who were chasing novelty. Twenty consecutive quarters of same-store sales growth is not luck. It is what happens when a business solves the right problem with the right tool.   Small Businesses Have the Biggest Leapfrog Opportunity The Census Bureau data that the three discuss reveals something striking. Between December and May, only 17 to 20 percent of American businesses reported using AI at all, and that number did not move over five months. The widest adoption gap exists between large companies and small ones. Yet paradoxically, small and medium-sized businesses may have the biggest opportunity right now because they can move faster and are not weighed down by bureaucracy. Christopher pointed out that the S&P 493, meaning the S&P 500 minus the Magnificent Seven, spends roughly twice as much on dividends and stock buybacks as it does on innovation. Stock buybacks are essentially a company admitting it has run out of ideas. Small businesses, by contrast, can adopt AI as a co-founder and reimagine their operations from the ground up in 12 to 18 months, something a legacy corporation simply cannot do at the same speed.   The Real Lesson From Chili’s Is About Problem-First Thinking The Chili’s story is ultimately a lesson in what the hosts call problem-first thinking. Rather than starting with a solution like robots or AI and working backward, Chili’s started with the fundamental challenge of any restaurant: how do you feed a lot of people, make them happy, and maximize the number of table turns and ticket sizes? Every technology decision followed from that question. That discipline is what separates genuine business transformation from expensive experimentation. The three drew a parallel to restaurant culture in Asia, where customers pay before eating, and a simple button at the table replaces the need to flag down a server. These are not sophisticated technologies. They are elegant solutions to clearly defined problems. Chili’s proved that the most celebrated turnaround in casual dining did not require a robot. It required leadership willing to ask what was actually broken and fix that, first. To hear about all the topics in this week's The Pirate Street Journal, download and listen to this episode. You can also read more Pirate Street Journal entries in the Category Pirates newsletter.   We hope you enjoyed this episode of Christopher Lochhead: Follow Your Different™! Christopher loves hearing from his listeners. Feel free to email him, connect on Facebook, X (formerly Twitter), LinkedIn, and subscribe on Apple Podcast / Spotify!  

The Washington Mystics are winning and will take on the Las Vegas Aces tonight, hoping to keep their streak alive. Christy Winters Scott and Helen Williams break it all down and more. HerHoopStats.com: Unlocking better insight about the women's game.The Her Hoop Stats Newsletter: https://herhoopstats.substack.comSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What happens when AI hype, easy money, and investor greed collide?This week, KT and Kent Temple welcome financial planner Jonathan Malone of Castle Wealth Group to break down the wild rise and fall of the Korean stock market, the risks of leveraged investing, and whether today's AI boom is starting to look like tomorrow's bubble. They also dive into SpaceX, the Magnificent Seven, international investing, and the lessons every investor can learn from one of the most fascinating market stories of the year.Whether you're investing for retirement, building wealth, or simply trying to make sense of today's headlines, this episode is packed with practical insights and real-world perspective.

We're saddled up and ready to ride as we rank and declare for The Magnificent Seven Series. You'll hear which movie makes the top of both of our lists and why we think it outpaces the other sequels by some distance, which movie we think may not be perfect but definitely deserves the second spot on both our lists, and which movie hits the bottom of our ranking based both on it's quality and it's politics. Thanks to our monthly supporters Matt and Vicki S Kate L Daniel Prudhoe Andrew Pangle Vegas Beer Guys Matthew Aldrich Edward Lankford Heather Sahami

Strong earnings continue to show resilience in the economy despite persistent market concerns, according to Glenn Dorsey of Clark Capital. He says the broadening rally beyond the Magnificent Seven has helped limit major drawdowns in 2026.Dorsey also argues that one or two Federal Reserve rate hikes could ultimately be positive as rates normalize, while concerns about inflation may be overstated.

Plus: The Nasdaq gains on a rise in Magnificent Seven tech stocks. And drug companies AstraZeneca and Bristol Myers Squibb are in talks to merge. Alexis Moore hosts. Sign up for WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Bethany McLean, veteran investigative journalist and co-author of The Smartest Guys in the Room, saw the end of Enron coming, and is now watching the AI trade very carefully. She has questions the market isn't asking. Motley Fool analyst Rachel Warren continues her conversation with Bethany, turning the lens on the market right now. She discusses why the free cash flow of the Magnificent Seven is quietly turning negative, why the circular financing inside the AI ecosystem makes it nearly impossible to see what's really going on, and why the S&P 500 index fund you think is keeping you diversified is actually one of the most concentrated AI bets you can make.  Host: Rachel Warren  Guest: Bethany McLean  Producers: Bart Shannon, Lauren Budabin  Advertisements are sponsored content and provided for informational purposes only. The Motley Fool and its affiliates (collectively, "TMF") do not endorse, recommend, or verify the accuracy or completeness of the statements made within advertisements. TMF is not involved in the offer, sale, or solicitation of any securities advertised herein and makes no representations regarding the suitability, or risks associated with any investment opportunity presented. Investors should conduct their own due diligence and consult with legal, tax, and financial advisors before making any investment decisions.  TMF assumes no responsibility for any losses or damages arising from this advertisement.  We're committed to transparency: All personal opinions in advertisements from Fools are their own. The product advertised in this episode was loaned to TMF and was returned after a test period or the product advertised in this episode was purchased by TMF. Advertiser has paid for the sponsorship of this episode.  Learn more about your ad choices. Visit megaphone.fm/adchoices

 In this week's episode, Ian and Kevin discuss the inability of  broad financials, insurance, and healthcare to hold gains made earlier in the week, how European financials and larger global banks continue to stand out, interesting relative relationships, like growth versus value and micro caps versus mega caps. They also discuss the breakdown in long-term US treasuries, recent pullback in the US Dollar, and the continued back and forth between the Magnificent Seven constituents.  

Is the market falling apart—or is money simply rotating? In this episode of Payne Points of Wealth, Bob, Ryan, Chris, and Courtney explain why semiconductor stocks and the Magnificent Seven are struggling while energy, commodities, value stocks, REITs, international stocks, and emerging markets continue to perform. The team discusses why diversification is winning in 2026, whether Wall Street's AI earnings expectations have become too optimistic, and why the biggest long-term AI winners may be companies outside the technology sector. They also examine: • Whether the Federal Reserve could raise interest rates • How oil prices, tariffs, and reshoring could affect inflation • Why companies are rehiring workers after AI-related layoffs • How baby boomer wealth is supporting consumer spending and housing • Where investors may find growth beyond the Magnificent Seven The key takeaway: money is not necessarily leaving the market. It may be rotating into overlooked sectors and asset classes—and investors who stay diversified could be better positioned for what comes next.

Your S&P 500 fund says 7% — but over 300 of its stocks are beating the index. This week we dig into the massive broadening of the market that almost nobody in the financial media is talking about, and why we think it's the healthiest thing to happen to this bull market in years.For three years, seven stocks did all the talking. This year, the other 493 are answering. On this week's Money On Tap, we walk through the numbers behind the broadening: the Magnificent Seven still make up roughly a third of every dollar in a cap-weighted S&P 500 index fund — which is exactly why so many statements look stuck at 7% while the equal-weight S&P runs above 14%, the Russell 1000 Value nears 20%, and healthcare and industrials each post roughly 24% year to date. We connect it to the 100-year-old Dow theory (industry makes goods, transportation moves them — and both are near highs), unpack the defensive-stock paradox (staples rallying while nobody calls a recession), revisit the historical pattern from 1983, 1995, 2003, 2013, and 2020 where tech blows out and then leadership broadens — and get practical about what a broadening market rewards most: rebalancing, equal-weight exposure, sector and international diversification, and knowing what your 401(k) actually owns.What you'll learn:Why a third of every S&P 500 index-fund dollar sits in just seven stocks — and what that's done to your return this yearThe breadth numbers: 300+ stocks beating the index, roughly seven in ten S&P names up on the yearThe sector scoreboard: healthcare ~24%, industrials ~24%, staples ~11.3%, financials ~9.7%, utilities ~7.6%Why money is rotating, not leaving — and why that's the opposite of how crashes startDow theory at 100+: what industrials and transports near highs historically signalThe defensive-stock paradox: staples leading without a recession call anywhere in sightThe rebalancing playbook: taking profits without apology, calendar discipline, equal-weight funds (11.9% vs 10.9% over 20 years)How to broaden with new contributions instead of selling your winnersTarget-date fund warnings: layered fees, hidden allocations, and no way to rebalanceWhy this is not a reason to dump technology — proportion, not exitPlus Money In The News:A property-management company bets $200K on AI to make the trades more efficient — filling a labor gap instead of cutting jobsApple set for its strongest June-quarter sales growth in five years — flat iPhone pricing, a $5 trillion moment, and sitting out the AI arms raceThe 100-year-old Dow theory says this market isn't done climbingWant a white paper on this week's topic? Email us at info@yourmoneyontap.com and we'll send it over.Read the companion blog: https://www.brayshawfinancial.com/blogSchedule a free consultation: https://app.greminders.com/t/9f3ce72e/initialconsultaBrowse the full Money On Tap library: https://www.brayshawfinancial.com/money-on-tapContact UsPhone: 855-226-8551Email: info@yourmoneyontap.comOffice: 116 South River Road, Bedford, NH 03110Web: brayshawfinancial.comSecurities and advisory services offered through Osaic Wealth, Inc., member FINRA/SIPC. All other services offered through Brayshaw Financial Group, LLC are independent of Osaic Wealth, Inc. Osaic Wealth, Inc. and Brayshaw Financial Group do not provide tax or legal advice. Index and sector figures cited are approximate year-to-date values as of the air date, drawn from sources believed reliable, and subject to change. Past performance is not a guarantee of future results.Why is my S&P 500 index fund underperforming the market in 2026?Because the S&P 500 is cap-weighted: roughly a third of every dollar in the index sits in just seven stocks — the Magnificent Seven — and several of them are having an off year. Meanwhile the equal-weight S&P 500 is up more than double the cap-weighted index, and over 300 individual S&P stocks are beating it, led by healthcare and industrials near 24%. The fix isn't leaving the market — it's diversification: equal-weight exposure, sector funds, and a rebalancing discipline that trims concentration back to your plan.

In this episode, Scott Becker reviews the year to date performance of the Magnificent Seven, highlighting Apple and NVIDIA’s gains, Tesla and Microsoft's declines, and why he continues to favor index fund investing.

Today we were delighted to welcome James West, Managing Director and Head of Energy and Power Research at Melius Research. James is a longtime energy analyst with more than 25 years of experience leading research teams covering oilfield services, equipment, clean energy, and power at Lehman Brothers, Barclays, Evercore ISI, and now Melius. Since joining Melius, James has expanded his coverage to include independent power producers (IPPs) and the broader power ecosystem. We were pleased to visit with James to hear his latest perspectives on the rapidly evolving energy landscape and the investment themes shaping the next decade. In our conversation, James reflects on his transition from Evercore ISI to Melius and explains why he believes the traditional Wall Street research model is evolving toward a more integrated approach that combines energy, power, technology, and industrials. We discuss how AI-driven electricity demand is accelerating the convergence of these sectors, why access to reliable power has become the biggest bottleneck to AI deployment, and why understanding the entire energy value chain has become increasingly important for investors. We examine the latest earnings season, the recent wave of energy, power, and nuclear IPOs, and how investor sentiment has shifted from enthusiasm around AI infrastructure to a greater focus on execution and capital discipline. James explains why he remains constructive on the long-term outlook for oilfield services, offshore development, international upstream activity, independent power producers, and natural gas, while highlighting the growing importance of behind-the-meter power solutions, regulatory reform, and grid infrastructure. We explore the outlook for advanced nuclear, geothermal, and critical minerals, Canada's strategic role in North American energy markets, how investors are balancing long-duration growth opportunities with near-term market volatility, and why AI is changing the way companies communicate with investors. As James notes, “your press releases have to be written for Claude or ChatGPT, whoever's going to read it before the analyst.” We wrap up the discussion with James' reflections on New York City's enduring role as a global financial and innovation hub. We greatly enjoyed the conversation and appreciate James taking the time to join us. To start the show, Mike Bradley noted that fixed income markets were focused on the upcoming FOMC meeting, scheduled for Wednesday. The consensus expectation is for the Federal Reserve to leave interest rates unchanged. However, there remains a small possibility of a 25-basis-point rate increase, a move that could place Chairman Warsh in President Trump's crosshairs. From a broader equity market standpoint, the S&P 500 was up ~0.5% and the DJIA had gained 600 to 700 points. He attributed much of Tuesday's advance to the sharp decline in oil prices. He also highlighted ongoing sector rotation, with investors shifting capital out of semiconductor stocks and into industrial names. Apple joined the exclusive $5 trillion market-cap club. Another key area of focus this week will be AI-related capex, with three of the Magnificent Seven technology companies scheduled to report earnings. On the oil market front, he highlighted the sharp decline in crude prices, noting that Brent crude had fallen by ~$13/bbl during the week to ~$83/bbl, while WTI crude had declined by ~$11/bbl to ~$78/bbl. He attributed the selloff to rapidly shifting sentiment surrounding the on-again, off-again conflict with Iran. He concluded by noting that the Energy sector had been one of the market's strongest performers over the past several weeks but was down ~4% this week as declining oil prices weighed on sentiment. He emphasized that investors will be closely focused this week on second-quarter earnings reports from the U.S. integrated oil majors and refiners. Investors are hopeful that refiner commentary will provide greater insight into global refined product market fundamentals. Jeff Tillery noted that enthusiasm around AI-driven power infrastructure has cooled alongside AI capex sentiment, pressuring many merchant power and generation stocks, including several recent IPOs. Looking ahead, he believes the sector is entering an execution phase where investors will begin distinguishing between winners and losers rather than rewarding the entire theme uniformly.

ON SALE NOW: GymCastic LIVE at U.S. Championships in Phoenix WHEN: Sunday, Aug 9th after the women's final podium ceremony at 6pm-ish WHERE: Streaming online or Phoenix, AZ WHAT: It's the post-meet after party (with a bar and snacks). We will discuss the meet immediately after it happens—and you never know who will appear at a GymCastic live show. HOW: Tickets on sale now. Club Gym Nerd members get your discount (check your email). Ellie Black (CAN) makes Commonwealth Games history as the first gymnast ever to win two Commonwealth all-around titles. We discuss the competition highlights, Gabriel Langton's frightening high bar fall, the shakeup at World Gymnastics (FIG), gymternet news and which NCAA teams would best suit today's international elite stars. COMMONWEALTH GAMES Ellie Black (CAN) wins her second Commonwealth all-around title Breanna Scott (AUS) takes silver and Lia-Monica Fontaine (CAN) wins bronze Australia wins the women's team title ahead of Canada and England Kate McDonald (AUS) wins bars gold Canada wins the men's team title Reuben Ward (SCO) delivers a home all-around victory for Scotland Watch in the United States on beIN Sports. See the full gymnastics results. MINI COMMISSION: INTERNATIONAL ELITES GO TO COLLEGE We match Rebeca Andrade (BRA), Kaylia Nemour (ALG), Mélanie de Jesus dos Santos (FRA), Kishi Rina (JPN), Manila Esposito (ITA), Flávia Saraiva (BRA), Eythora Thorsdottir (NED), Ellie Black (CAN) and other international stars with their ideal NCAA programs. Want your own mini commission? Join Club Gym Nerd at the World Champion level. CHAPTERS 00:00 – Ellie Black Makes History and Phoenix Schedule 01:37 – Gabriel Langton's High Bar Fall 04:00 – Nicolas Buompane out in World Gymnastics Shakeup 07:18 – Ellie Black's Historic Commonwealth Double 10:05 – Commonwealth Women's Team Final 15:21 – Club Gym Nerd and GymCastic Tools 18:54 – Women's All-Around Final 30:29 – Apparatus Finals and Opportunities for Comedy 40:34 – Canada and Scotland's Historic Men's Victories 45:38 – Rage-O-Meter: Commentary About Chinese Gymnasts 46:54 – Gymternet News and Romanian Safeguarding 54:02 – Nicola Bartolini Retires 55:54 – World Gymnastics Keeps Its Russian Policy 57:15 – Magnificent Seven and Phoenix Live Show 1:00:07 – Mini Commission: International Elites Go to College 1:28:16 – Club Gym Nerd and Behind The Scenes SUPPORT OUR WORK Club Gym Nerd: Ad-free podcasts, weekly live Q&A episodes, bonus content, the complete members-only archive, games, forum access and live-show discounts Shop GymCastic TOOLS, GAMES AND RESOURCES LA 2028 Roster Lab Elite Score Explorer International Gymnastics Calendar GymCastic Games GymCastic Newsletters The Balance Beam Situation Gymnastics History Resistance Resources Cover art and photograph © GymCastic / Steve Cooper. All rights reserved.

How much AI spending is too much? And why are some Tesla and SpaceX investors losing patience with Elon Musk? Plus, why are Wall Street firms paying up to $100,000 for a fast track to Trump posts? Host Imani Moise discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

How much AI spending is too much? And why are some Tesla and SpaceX investors losing patience with Elon Musk? Plus, why are Wall Street firms paying up to $100,000 for a fast track to Trump posts? Host Imani Moise discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Bitcoin remains resilient near $65,000 despite one of the biggest Big Tech selloffs of the year, with nearly $800 billion erased from the Magnificent Seven following disappointing earnings reactions from Alphabet and Tesla. The episode explores whether Bitcoin is beginning to decouple from equities, the launch of a Bitcoin Security Consortium by Strategy, BlackRock, and other industry leaders to prepare for future quantum threats, the latest setback in CLARITY Act negotiations as Democrats reject the GOP's ethics proposal, and why slowing growth at Anthropic is fueling a broader debate over AI regulation and competition. Learn more about your ad choices. Visit megaphone.fm/adchoices

 In this week's episode, David and Ian discuss the continued chop fest, how the Magnificent Seven is a red flag, although at the same time Financials and Transportation stocks look good, which aids the bullish thesis that this consolidation resolves in the direction of the primary trend. They also discuss if the mega cap tech and Magnificent Seven era is over, what is going on with Consumer Staples, Utilities, and is it interest rate or inflation driven. Other topics discussed are tangible assets, the U.S. Dollar, the SpaceX IPO, and the next generation of market technicians. 

Daily Boost Podcast You're Part of a Rigged System July 23, 2026 | Episode 5504 Host: Scott Smith Episode Description Some days I'm all unicorns and rainbows — let's get out there and make it happen. I love living that way. But it's a short trip from there to grown-up motivation, and today I'm feeling a little feisty. This is personal growth for adults. It's looking at the world for exactly what it is, good and bad and all of it, then deciding to make the best of it. When you finally do that, it's amazing what you can pull off. I cut a little close to the bone today. Press play and let's get real. Featured Story My niece loves AI to death. But she hates data centers, and she's got every reason you'd expect. I'm right there with her — we like clean air, clean water, all of it. Then I asked her a question. You invest in index funds? Oh yeah, she said, we love those. Ever heard of the Magnificent Seven? Uncle Scott, I don't buy tech. I said yes you do. You own it right now. You're profiting off the very thing you hate. She went quiet. Well, I've got to take care of my family. That's cool, I told her. Just be honest about it. Important Points Look at your world for exactly what it is, the good and the bad, then decide to make the best of it and get going. Following your passion won't hand you the money by itself; you need a real, honest plan to earn from what you love. Nothing changes until you move from daydreaming into action, and typing into AI is daydreaming with moving fingers. Memorable Quotes This is grown-up motivation, and once you look at the world for exactly what it is, it's amazing what you can do. If I'll be just as good in ten years as I am today at something, then I don't want to be doing it in ten years. Nothing will happen until you move from daydreaming into action; typing into AI means your fingers are moving. Scott's Three-Step Approach Get honest about your world exactly as it is, stop dressing it up, and admit where you're already part of the game. Then clear real space in your life, for a couple of months, so the brain fog lifts and you can finally hear your calling. Now move that calling into a goal big enough to scare you a little, because that fear means you're on the right track. Chapters 0:35 - Just off an inner circle call and feeling feisty 1:06 - Grown-up motivation that cuts close to the bone 2:15 - My niece hates data centers but owns the tech 4:04 - The ten-year rule for who you want to become 5:12 - Follow your passion but plan for the money 6:02 - Turning daydreaming into action, and the AI trap 9:34 - Chasing a goal big enough to scare you a little Connect With Me Search for the Daily Boost on YouTube, Apple Podcasts, and Spotify Email: support@motivationtomove.com Main Website: https://motivationtomove.com YouTube: https://youtube.com/dailyboostpodcast Instagram: https://instagram.com/heyscottsmith Facebook Page: https://facebook.com/motivationtomove Facebook Group: [https://dailyboostpodcast.com/facebook](https://dailyboostpodcast.com/facebook Learn more about your ad choices. Visit megaphone.fm/adchoices

With a major earnings season kicking off for the mega-cap tech names, an obscure volatility measure is pointing to a potential breakout — but the bar is sky-high and geopolitical headwinds are creating an unusually uncertain backdrop. How these earnings come in will likely determine whether the broader market can hold its current levels or breaks down.Today's Stocks & Topics: The Western Union Company (WU), Market Wrap, Danaher Corporation (DHR), Trump Imposes 50% Tariffs on Canadian, NIKE Inc. (NKE), Can the Magnificent Seven Earnings Hold the Market Up?, Cameco Corporation (CCJ), Cameco Corporation (CCJ)¸ Target Corporation (TGT), U.S. Oil.Our Sponsors:* Check out Chilipad and use my code 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 Quince and use my code quince.com/invest for a great deal: https://www.quince.com* Check out TruDiagnostic and use my code INVEST20 for a great deal: https://www.trudiagnostic.comAdvertising Inquiries: https://redcircle.com/brands

P.M. Edition for July 20. The Magnificent Seven have dominated the stock market for years. But now, as markets reporter Hannah Erin Lang discusses, there are signs that everyday investors are buying fewer shares of the megacap tech companies as they look to find the next big AI stock. Plus, a judge puts a temporary restraining order on the $81 billion merger of Paramount and Warner Bros. Discovery. And how much coffee should you drink for a healthy heart? A new scientific statement from the American Heart Association has the answer… and it may be more than you think. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, Scott Becker ranks the Magnificent Seven stocks by year-to-date performance, highlighting Apple’s surprising lead, strong gains from Alphabet, NVIDIA, and Amazon, and steep declines for Microsoft, Tesla, and Meta.

On episode 251 of The Compound and Friends, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Downtown Josh Brown⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and Sean Russo are joined by Jonathan Thomas, CEO of American Century Investments, to discuss: the remarkable rise of Avantis Investors, why active ETFs are gaining ground, what it takes to build investment products that can outperform without taking excessive risk, whether AI is creating an earnings bubble, why the market is broadening beyond the Magnificent Seven, and where the biggest long-term opportunities in AI may emerge. Plus, Jonathan shares the story behind American Century's ownership structure, which has directed billions of dollars toward cancer and genetic-disease research at the Stowers Institute for Medical Research—and takes us inside one of the most exclusive celebrity weddings imaginable. This episode is sponsored by Public and Vanguard. Visit https://public.com/compound to learn more. To learn more about Vanguard bonds, visit https://vanguard.com/audio Sign up for The Compound Newsletter and never miss out: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠thecompoundnews.com/subscribe⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Instagram: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠instagram.com/thecompoundnews⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠twitter.com/thecompoundnews⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ LinkedIn: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠linkedin.com/company/the-compound-media/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ TikTok: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠tiktok.com/@thecompoundnews⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Josh Brown are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. The Compound Media, Incorporated, an affiliate of ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Ritholtz Wealth Management⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://ritholtzwealth.com/advertising-disclaimers⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information. Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://ritholtzwealth.com/podcast-youtube-disclosures/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Public Disclosure: Paid for by Public Investing. Brokerage services by Open to the Public Investing Inc, member FINRA & SIPC. Advisory services by Public Advisors LLC, SEC-registered adviser. Complete disclosures available at https://public.com/disclosures Learn more about your ad choices. Visit megaphone.fm/adchoices