Podcasts about Market

Charles Payne is joined by Danielle Shay, VP of Options at Simpler Trading, to discuss her strategy for navigating market cracks. Shay explains why she is using the 200-day moving average to buy NVIDIA and Broadcom while simultaneously shorting struggling names like Roblox and Salesforce. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Tommy Wood, PhD, is a neuroscientist and athletic performance coach. He is a host of the “Better Brain Fitness” podcast and author of “The Stimulated Mind: Future-Proof Your Brain from Dementia and Stay Sharp at Any Age,” which will be released March 24 and is available for preorder now.https://www.penguinrandomhouse.com/books/751292/the-stimulated-mind-by-dr-tommy-wood/www.thestimulatedmind.comwww.betterbrain.fitnesswww.drtommywood.com Perplexity: Download the app or ask Perplexity anything at https://pplx.ai/rogan. Make your sports picks with DraftKings Predictions, available in California, Florida, Texas and more. Download the DraftKings Predictions app today. Sign up using promo code ROGAN or at https://dkpred.sng.link/Ereb8/jbhu/dogs GUS III LLC d/b/a DraftKings Predictions is a CFTC-registered Introducing Broker and NFA member. Event contract trading involves substantial risk of loss and is not suitable for everyone. 1 per new customer. Opt-in req. 100% trade match. Max. $75 issued as non-withdrawable Predictions Dollars that expire in 1 year. Ends 2/15/26 11:59 PM ET. Market availability varies. Eligibility restrictions apply. Terms: https://predictions.draftkings.com/en/promos. Sponsored by DK. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Stef has her eye on a new dog named Sissy, Lynette had a 4 hour conversation with Sonny. Plus, a Dateline recommendation! You're welcome.Get your GLP-1 at TryHers.com/CryingAnd get some Hero bread at Hero.co use the code FCOL

Our Global Head of Fixed Income Research Andrew Sheets and Global Chief Economist Seth Carpenter unpack the inner workings of the Federal Reserve to illustrate the challenges that Fed chair nominee Kevin Warsh may face.Read more insights from Morgan Stanley.----- Transcript ----- Andrew Sheets: Welcome to Thoughts on the Market. I'm Andrew Sheets, Global Head of Fixed Income Research at Morgan Stanley. Seth Carpenter: And I'm Seth Carpenter, Morgan Stanley's Global Chief Economist and Head of Macro Research. Andrew Sheets: And today on the podcast, a further discussion of a new Fed chair and the challenges they may face. It's Friday, February 6th at 1 pm in New York. Seth, it's great to be here talking with you, and I really want to continue a conversation that listeners have been hearing on this podcast over this week about a new nominee to chair the Federal Reserve: Kevin Warsh. And you are the perfect person to talk about this, not just because you lead our economic research and our macro research, but you've also worked at the Fed. You've seen the inner workings of this organization and what a new Fed chair is going to have to deal with. So, maybe just for some broad framing, when you saw this announcement come out, what were some of the first things to go through your mind? Seth Carpenter: I will say first and foremost, Kevin Warsh's name was one of the names that had regularly come up when the White House was providing names of people they were considering in lots of news cycles. So, I think the first thing that's critically important from my perspective, is – not a shock, right? Sort of a known quantity. Second, when we think about these really important positions, there's a whole range of possible outcomes. And I would've said that of the four names that were in the final set of four that we kept hearing about in the news a lot. You know, some differences here and there across them, but none of them was substantially outside of what I would think of as mainstream sort of thinking. Nothing excessively unorthodox at all like that. So, in that regard as well, I think it should keep anybody from jumping to any big conclusions that there's a huge change that's imminent. I think the other thing that's really important is the monetary policy of the Federal Reserve really is made by a committee. The Federal Open Market Committee and committee matters in these cases. The Fed has been under lots of scrutiny, under lots of pressure, depending on how you want to put it. And so, as a result, there's a lot of discussion within the institution about their independence, making sure they stick very scrupulously to their congressionally given mandate of stable prices, full employment. And so, what does that mean in practice? That means in practice, to get a substantially different outcome from what the committee would've done otherwise… So, the market is pricing; what's the market pricing for the funds rate at the end of this year? About 3.2 percent. Andrew Sheets: Something like that. Yeah. Seth Carpenter: Yeah. So that's a reasonable forecast. It's not too far away from our house view. For us to end up with a policy rate that's substantially away from that – call it 1 percentage, 2 percentage points away from that. I just don't see that as likely to happen. Because the committee can be led, can be swayed by the chair, but not to the tune of 1 or 2 percentage points. And so, I think for all those reasons, there wasn't that much surprise and there wasn't, for me, a big reason to fully reevaluate where we think the Fed's going. Andrew Sheets: So let me actually dig into that a little bit more because I know our listeners tune in every day to hear a lot about government meetings. But this is a case where that really matters because I think there can sometimes be a misperception around the power of this position. And it's both one of the most public important positions in the world of finance. And yet, as you mentioned, it is overseeing a committee where the majority matters. And so, can you take us just a little bit inside those discussions? I mean, how does the Fed Chair interact with their colleagues? How do they try to convince them and persuade them to take a particular course of action? Seth Carpenter: Great question. And you're right, I sort of spent a bunch of time there at the Fed. I started when Greenspan was chair. I worked under the Bernanke Fed. And of course, for the end of that, Janet Yellen was the vice chair. So, I've worked with her. Jay Powell was on the committee the whole time. So, the cast of characters quite familiar and the process is important. So, I would say a few things. The chair convenes the meetings; the chair creates the agenda for the meeting. The chair directs the staff on what the policy documents are that the committee is going to get. So, there's a huge amount of influence, let's say, there. But in order to actually get a specific outcome, there really is a vote. And we only have to look back a couple weeks to the last FOMC meeting when there were two dissents against the policy decision. So, dissents are not super common. They don't happen at every single meeting, but they're not unheard of by any stretch of the imagination either. And if we go back over the past few years, lots going on with inflation and how the economy was going was uncertain. Chair Powell took some dissents. If we go back to the financial crisis Chair Bernanke took a bunch of dissents. If we go back even further through time, Paul Volcker, when he was there trying to staunch the flow of the high inflation of the 1970s, faced a lot of resistance within his committee. And reportedly threatened to quit if he couldn't get his way. And had to be very aggressive in trying to bring the committee along. So, the chair has to find a way to bring the committee along with the plan that the chair wants to execute. Lots of tools at their disposal, but not endless power or influence. Does that make sense? Andrew Sheets: That makes complete sense. So, maybe my final question, Seth, is this is a tough job. This is a tough job in… Seth Carpenter: You mean your job and my job, or… Andrew Sheets: [Laughs] Not at all. The chair of the Fed. And it seems especially tricky now. You know, inflation is above the Fed's target. Interest rates are still elevated. You know, certainly mortgage rates are still higher than a lot of Americans are used to over the last several years. And asset prices are high. You know, the valuation of the equity market is high. The level of credit spreads is tight. So, you could say, well, financial conditions are already quite easy, which can create some complications. I am sure Kevin Warsh is receiving lots of advice from lots of different angles. But, you know, if you think about what you've seen from the Fed over the years, what would be your advice to a new Fed chair – and to navigate some of these challenges? Seth Carpenter: I think first and foremost, you are absolutely right. This is a tough job in the best of times, and we are in some of the most difficult and difficult to understand macroeconomic times right now. So, you noted interest rates being high, mortgage rates being high. There's very much an eye of the beholder phenomenon going on here. Now you're younger than I am. The first mortgage I had. It was eight and a half percent. Andrew Sheets: Hmm. Seth Carpenter: I bought a house in 2000 or something like that. So, by those standards, mortgage rates are actually quite low. So, it really comes down to a little bit of what you're used to. And I think that fact translates into lots of other places. So, inflation is now much higher than the committee's target. Call it 3 percent inflation instead core inflation on PCE, rather than 2 percent inflation target. Now, on the one hand that's clearly missing their target and the Fed has been missing their target for years. And we know that tariffs are pushing up inflation, at least for consumer goods. And Chair Powell and this committee have said they get that. They think that inflation will be temporary, and so they're going to look through that inflation. So again, there's a lot of judgment going on here. The labor market is quite weak. Andrew Sheets: Hmm. Seth Carpenter: We don't have the latest months worth of job market data because of the government shutdown; that'll be delayed by a few days. But we know that at the end of last year, non-farm payrolls were running well below 50,000. Under most circumstances, you would say that is a clear indication of a super weak economy. But! But if we look at aggregate spending data, GDP, private-domestic final purchases, consumer spending, CapEx spending. It's actually pretty solid right now. And so again, that sense of judgment; what's the signal you're going to look for? That's very, very difficult right now, and that's part of what the chair is going to have to do to try to bring the committee together, in order to come to a decision. So, one intellectually coherent argument is – the main way you could get strong aggregate demand, strong spending numbers, strong GDP numbers, but with pretty tepid labor force growth is if productivity is running higher and if productivity is going higher because of AI, for example, over time you could easily expect that to be disinflationary. And if it's disinflationary, then you can cut it. Interest rates now. Not worry as much as you would normally about high inflation. And so, the result could be a lower path for policy rates. So that's one version of the argument that I suspect you're going to hear. On the other hand, inflation is high and it's been high for years. So what does that mean? Well. History suggests that if inflation stays too high for too long, inflation psychology starts to change the way businesses start to set. Andrew Sheets: Mm-hmm. Seth Carpenter: Their own prices can get a little bit loosey-goosey. They might not have to worry as much about consumers being as picky because everybody's got used to these price changes. Consumers might be become less picky because, well, they're kind of sick of shopping around. They might be more willing to accept those higher prices, and that's how things snowball. So, I do think that the new chair is going to face a particularly difficult situation in leading a committee in particularly challenging times. But I've gone on for a long, long time there. And one of the things that I love about getting to talk to you, Andrew, is the fact that you also talked to lots of investors all around the world. You're based in London. And so when the topic of the new Fed chair comes up, what are the questions that you're getting from clients? Andrew Sheets: So, I think that there are a few questions that stand out. I mean, I think a dominant question among investors was around the stability of the U.S. dollar. And so, you could say a good development on the back of Kevin Warsh's nomination is that the market response to that has been the price action you would associate with more stability. You've seen the dollar rise; you've seen precious metals prices fall. You've seen equity markets and credit spreads be very stable. So, I think so far everything in the market reaction is to your; to the point that you raised, you know, consistent with this still being orthodox policy. Every Fed chair is different, but still more similar than different now. I think where it gets more divergent in client opinions is just – what are we going to see from the Fed? Are we going to see a real big change in policy? And I think that this is where there are very different views of Kevin Warsh from investors. Some who say, ‘Well, he's in the past talked about fighting inflation more aggressively, which would imply tighter policy.' And he's also talked more recently about the productivity gains from AI and how that might support lower interest rates. So, I think that there's going to be a lot of interest when he starts to speak publicly, when we see testimony in front of the Senate. I think the other, the final piece, which I think again, people do not have as fully formed an opinion on yet is – how does he lead the Fed if the data is unexpected? And you know, you mentioned inflation and, you know, Morgan Stanley has this forecast that: Well, owner's equivalent rent, a really key part of inflation, might be a little bit higher than expected, which might be a distortion coming off of the government shutdown and impacts on data. But there's some real uncertainty about the inflation path over the near term. And so, in short, I think investors are going to give the benefit of the doubt. For now, I think they're going to lean more into this idea that it will be generally consistent with the Fed easing policy over time, for now. Generally consistent with a steeper curve for now. But I think there's a lot we're going to find out over the next couple of weeks and months. Seth Carpenter: Yeah. No, I agree with you. Andrew, I have to say, I'm glad you're here in New York. It's always great to sit down and talk to you. Let's do it again before too long. Andrew Sheets: Absolutely, Seth. Thanks for taking the time to talk. And to our audience, thank you as always for your time. If you find Thoughts the Market useful, let us know by leaving a review wherever you listen. And also tell a friend or colleague about us today.

Matt Faircloth interviews Brian Burke, reflecting on the prolonged multifamily downturn and why 2025 failed to deliver the recovery many investors expected. Brian explains how elevated construction deliveries, negative rent growth, and mispriced cap rates have kept deal fundamentals from penciling, especially for assets acquired with high leverage. The conversation dives deep into the dangers of bridge debt, emphasizing that loan maturity risk, not floating interest rates, is what ultimately puts lenders in control. Brian also shares why he has shifted capital into assisted living, citing demographic tailwinds, improving fundamentals, and a supply-demand imbalance that contrasts sharply with multifamily. Brian BurkeCurrent role: Founder & CEO, Praxis CapitalBased in: CaliforniaSay hi to them at: www.PraxCap.comwww.linkedin.com/company/praxcapwww.linkedin.com/in/praxiscapitalhttps://www.facebook.com/praxcap/https://twitter.com/praxcaphttps://www.instagram.com/praxcap/https://www.instagram.com/investorbrianburke Book your free demo today at bill.com/bestever and get a $100 Amazon gift card. Visit ⁠www.tribevestisc.com⁠ for more info. Try QUO for free PLUS get 20% off your first 6 months when you go to quo.com/BESTEVER  Join us at Best Ever Conference 2026! Find more info at: https://www.besteverconference.com/  Join the Best Ever Community  The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It's free to join, but you must apply and meet the criteria.  Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at⁠ ⁠⁠⁠www.bestevercommunity.com⁠⁠ Podcast production done by⁠ ⁠Outlier Audio⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Rebel Capitalist Live VII: Protect & Grow Your Wealth Before the Next Crisis https://rcl.georgegammon.com/live Want the cheat code to protect and grow your wealth? Check out Rebel Capitalist Pro https://rcp.georgegammon.com/pro

On today's show we look at HDTV Display Technologies that are no longer with us. Some had a short run and some never made it to the market. We also read your emails and take a look at the week's news. News: LG pulls the plug on 8K OLED and 8K LCD TVs Apple's home hub could finally arrive this spring with a rather unique design Roku is Testing a New Home Screen With A New Look Google Home update brings more automation controls HDTV Display Technologies That Are No Longer With Us Over the 21 years we have been doing the show we have seen numerous HDTV display technologies come and go. Some never made it to market and some had a good run but were eventually beat out by something better. These technologies competed during the transition from bulky CRTs to flat panels, but most lost out as LCD, later becoming LED-backlit LCD, then OLED, became dominant for reasons like cost, scalability, picture quality improvements, and manufacturing ease. Technologies That Were Proposed/Demonstrated but Never Commercially Released to Consumers SED (Surface-Conduction Electron-Emitter Display)Developed primarily by a Canon and Toshiba joint venture starting in the late 1990s/early 2000s. It was essentially a flat-panel evolution of CRT technology using electron emitters for each pixel, promising CRT-like motion handling, deep blacks, high contrast, fast response times, and low power in a slim form factor. Prototypes were shown around 2005–2007 with impressive demos. Why it didn't make it: Repeated delays due to manufacturing challenges (high production costs, difficulty scaling/vacuum sealing), patent disputes, and aggressive price drops in LCD/plasma panels. Then by 2009–2010, LCD had become too dominant and cheap; Canon officially froze consumer SED development in 2010, shifting any remaining efforts to niche professional uses. FED (Field-Emission Display)Similar to SED and sometimes grouped together or seen as a precursor/variant. FED used field-emission electron sources (like microtips) for CRT-style performance in a flat panel. Demonstrated in prototypes in the 2000s by companies like Sony and Motorola. Why it didn't make it: Development took too long; manufacturing complexity and yield issues made it unviable. It was overtaken by faster-scaling plasma and then LCD/OLED technologies before reaching mass production. Technologies That Reached the Market but Were Discontinued DLP (Digital Light Processing) Rear-Projection TVsUsed Texas Instruments' DMD (digital micromirror device) chips to reflect light, often with a color wheel for sequential color (or pricier 3-chip versions). Popular in the mid-2000s for large-screen (50–70+ inch) HDTVs from brands like Samsung, Mitsubishi, RCA, and Toshiba, offering good brightness, no burn-in, and sharp images at competitive prices. Why discontinued: Bulky depth (even if thinner than CRT rear-projection), lamp replacements needed, rainbow artifacts (on single-chip models), poor off-angle viewing, and vulnerability to ambient light. As flat-panel LCD and plasma prices fell dramatically in the late 2000s, consumers preferred slim, wall-mountable designs. Rear-projection DLP TVs largely vanished by around 2010. LCOS (Liquid Crystal on Silicon) / Variants like D-ILA (JVC) and SXRD (Sony)A reflective microdisplay tech using liquid crystals on a silicon backplane, often in rear-projection or some front-projection setups. Offered excellent contrast, deep blacks, and smooth motion (better than early LCDs). Available in HDTVs from JVC, Sony, and others in the mid-2000s. Why largely discontinued for direct-view TVs: High cost, manufacturing complexity, and lower brightness compared to emerging flat panels. Rear-projection versions suffered the same bulkiness issues as DLP. While LCOS survives today in high-end projectors mostly in JVC and Sony home theater models, it never scaled to mainstream direct-view flat-panel HDTVs and was eclipsed by LCD advancements. Plasma Display Panel (PDP / Plasma TVs)Used ionized gas (plasma) cells to create light, excelling in black levels, contrast, color accuracy, wide viewing angles, and no motion blur. Very popular for HDTV in the 2000s from Panasonic, Pioneer, Samsung, and LG. Why discontinued: High power consumption, heat generation, heavier panels, burn-in risk (though mitigated later), and difficulty scaling to 4K efficiently/cost-effectively. As LCD/LED prices dropped with better brightness, efficiency, and no burn-in, plasma couldn't compete economically. Production fully ended around 2014–2015. Other Notable Mentions LCD Rear-Projection TVs — Used transmissive LCD panels; suffered from similar bulk and light issues as DLP; discontinued early-mid 2000s. Direct-view CRT HDTVs — The original standard; fully discontinued by the late 2000s/early 2010s due to size, weight, and inefficiency. Key Reasons Technologies Fail in HDTV Market Regardless of how good a display technology is, the following will keep it from the mass market: Cost & Manufacturing Yield: Technologies requiring ultra-precise processes (SED, FED, LCoS) couldn't hit competitive prices.  Competing Technologies Improve Fast: LCD and later LED/OLED got cheaper and better quicker than rivals could scale. Form Factor Shift: Direct-view panels beat rear-projection (DLP, LCoS, laser) because consumers prefer thin TVs. Performance Tradeoffs: Issues like power use, burn-in, brightness, viewing angles, or reliability hurt consumer uptake.  In summary, the winners were technologies that scaled cheaply to larger sizes, became thinner/lighter, improved efficiency, and avoided major drawbacks like high costs or reliability issues. LCD/LED dominated the 2010s due to mass production advantages, while OLED took premium segments later for superior contrast/per-pixel lighting. Many promising "next-gen" ideas from the 2000s (like SED/FED) simply arrived too late or proved too hard to manufacture affordably.

This week, Josh Lim from FalconX joins the show to discuss the recent market sell-off. We deep dive into Josh's outlook for 2026, who is crypto's marginal buyer, the Ethereum L2 roadmap, Kyle Samani's announcement of leaving Multicoin and more. Enjoy! -- Follow Josh: https://x.com/joshua_j_lim Follow Rob: https://x.com/HadickM Follow Santi: https://x.com/santiagoroel Follow Empire:https://x.com/theempirepod -- Coinbase crypto-backed loans, powered by Morpho, enable you to take out loans at competitive rates using crypto as collateral. Rates are typically 4% to 8%. Borrow up to $5M using BTC as collateral and up to $1M using ETH as collateral. Manage crypto-backed loans directly in the Coinbase app with ease. Learn more here: https://www.coinbase.com/onchain/borrow/get-started?utm_campaign=0126_defi-borrow_blockworks_empire&marketId=0x9103c3b4e834476c9a62ea009ba2c884ee42e94e6e314a26f04d312434191836&utm_source=empire -- (00:00) Introduction (03:41) State of the Market (08:48) Are L1s Still Overvalued? (18:45) The Hyperliquid End Game (37:27) Bitcoin's Quantum Threat (47:30) Ethereum's L2 Roadmap (01:01:45) Kyle Samani Leaves Multicoin (01:03:57) Why Is Josh Still In Crypto? -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, Rob and our guests may hold positions in the companies, funds, or projects discussed.

Wondering how a short series podcast (private or public or both) can fit into your book marketing plan? I'm sharing what each one does, how they're different, and when you might use them on your reader's journey.Listeners to Readers (my private short series podcast)Author Short Stack (my public short series podcast)Let's build your own strategic short podcast so you're heard by more readers without burning out:14-Day Podcast Strategy Sprint

In this episode of Shoptalk, David Carothers dug into total cost of risk with a focus on downtime, disruption, and distraction as hidden drivers of long term expense. Using real manufacturing examples, he explained how equipment breakdown, supply chain delays, and even severe workers' comp injuries can create operational losses far beyond what shows up in loss runs. He also outlined how middle market producers can use a year-round cadence of touch points to control costs, strengthen submissions, and create clear wedges in prospecting. The episode ends with a note that this is part one, with part two continuing next week. Key points: Downtime is a Business Threat Not Just a Claim Issue David explains that equipment breakdown and specialized machinery delays can shut production down for weeks. He shared a story about a printing operation where a simple mistake destroyed equipment and required overseas technicians and parts, resulting in four to six weeks of downtime. The bigger point is that downtime can create losses that linger well beyond the repair window. Shelf Space and Reputation Loss Can Be Permanent For manufacturers selling into major retailers, downtime can cost more than sales for a single season. David breaks down how hard it is to earn premium placement and holiday displays, and how quickly retailers replace brands that cannot fulfill orders. Once that shelf space is lost, it is often gone for good, creating a long tail financial hit. Workers' Comp Injuries Can Trigger Operational Chaos A severe injury is not only a claim cost. It can shut down equipment, trigger investigations, delay production, and reduce productivity across the floor. David described an extreme degloving incident tied to bypassed guarding on machinery and highlighted how fear, disruption, and compliance activity stack costs for years. Total Cost of Risk Changes the Sales Conversation Instead of reacting to bad loss runs with tactical fixes like consent to rate or a PEO, David pushes producers to quantify all hidden costs. That includes downtime, out of pocket claims, administrative time, and disruption impacts. When clients see total cost, the conversation shifts from price shopping to strategic planning. This is a Year Round Process Not a Renewal Project David emphasizes that total cost of risk is not a spreadsheet exercise done once a year. It is a 365 day approach built on consistent accountability and structured touch points. He recommends using a twelve subject cadence to stay in front of accounts, strengthen renewals, and build trust over time. Risk Management Actions Can Create Underwriting Leverage He shared a practical example where a manufacturer lost power for over a week after hurricanes. The solution was putting a generator company on retainer so a large unit could be delivered when storms approached. David explains how actions like this protect reputation, reduce downtime, and can be positioned to underwriters for potential credits. Trusted Advisor Positioning Wins Even at Higher Cost David compares advisory insurance work to paying for high quality legal or accounting help. Clients may pay more upfront, but the long term savings and control are what matter. He argues that better stories, better frameworks, and measurable risk control results eliminate late stage price objections and create stronger referrals. Connect with: David Carothers LinkedIn Kyle Houck LinkedIn Visit Websites: Power Producer Base Camp Killing Commercial Crushing Content Power Producers Podcast Policytee The Dirty 130 The Extra 2 Minutes

Here's what's coming through loud and clear right now: Old conversations are waking up Deals from 1–3 years ago? They're moving again. Salespeople are picking up the phone, calling old lists, and hearing: "I'm so glad you called. I was just thinking about you." Action plan: Dust off your inactive list. End of December or first week of January is prime time to make calls and meet people. Holiday check-in or strategy conversation for the new year. Attention spans are shrinking Follow-up needs to tighten. Quarterly or every-few-months cadence isn't cutting it anymore. I'm suggesting: Every 2 weeks Always bring value Pick up the phone (email + text alone isn't enough) The phone still works. Use it. Small, consistent actions are converting More meetings More face-to-face More conferences More networking Momentum is coming from showing up, not sitting back. Tools I'm using right now: -Brain.fm – daily focus + meditation 2 Favorite Books: -The AI-Driven Leader – smarter thinking and prompting with AI -The Power of Now – staying present in a distracted world Closing Thoughts: Everyone is distracted. More than ever. As you wrap up 2025 and step into 2026: -Have an annual plan -Reverse engineer it by quarter, month, week -But most importantly…HAVE A DAILY BUSINESS PLAN! At the end of each day: -Clean it up -Prep tomorrow -Define your one-day business plan -Identify your top 3 leading activities (in order) that actually move your buisness forward. Consistent action wins the game!

Michael Reinking, Senior Market Strategist at the NYSE, recaps a volatile week marked by Fed uncertainty and sharp unwinds in speculative trades. Kevin Warsh's nomination for Fed Chair helped trigger reversals in precious metals and added to broader market turbulence. Crypto and high‑momentum themes sold off, while software stocks faced a “SAAS‑Pocalypse” amid new AI‑driven disruption concerns. Still, major indices held relatively steady with pockets of strength in small and mid‑caps. Attention now shifts to retail sales, the delayed jobs report, and CPI.

Ben & Tom discuss Howard Marks at the CFA Society, Stellantis cuts some EV vehicle products, and bitcoin gets blasted. 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

Jeffrey Epstein operated as a free agent in the information market, not as a loyal asset of any single government, intelligence service, or political faction, but as a broker who understood that information itself was currency. He cultivated access to powerful people across finance, academia, politics, intelligence, and royalty, positioning himself as the connective tissue between elites who otherwise would not openly associate. Epstein gathered kompromat not just through sexual abuse, but through proximity—private flights, secluded residences, off-the-books meetings, and social environments where guardrails disappeared. He traded in favors, introductions, secrets, and silence, making himself useful to multiple parties simultaneously. That usefulness is what insulated him for so long: he was not owned, but leased—temporarily valuable to anyone who needed discretion, leverage, or deniability. In that ecosystem, Epstein's power came not from allegiance, but from optionality.At the core of it all, Epstein's only loyalty was to himself. He did not operate as a patriot, an ideologue, or a true intelligence operative in the traditional sense; he operated as a survivalist within elite power structures. He provided information where it benefited him, withheld it when it didn't, and shifted alliances as needed to maintain protection. This is why he could simultaneously assist different governments, ingratiate himself with rival power centers, and still remain untouchable for decades. Epstein's genius—if the term can be used—was recognizing that being indispensable to everyone meant being accountable to no one. His operation was built on mutual exposure and shared risk, ensuring that when the walls finally began to close in, there were too many people with too much to lose for the system to act swiftly. In the end, Epstein wasn't a pawn—he was a freelance operator who sold access, secrets, and silence, always in service of preserving his own power and immunity.to contact me:bobbycapucci@protonmail.com

Today we're talking about a drug market that moved into a local affordable housing complex, as well as yet another surplus of unspent funds found in the city Housing Bureau's budget. Plus, a local psychiatrist's connection to the Epstein files, the Lake Oswego marquee that upset Amazon, and so much more. Joining host Claudia Meza on this week's Friday news roundup are Willamette Week reporter and author, Brianna Wheeler, and our very own senior producer, Giulia Fiaoni. Discussed in Today's Episode: A Drug Market Moves Into a Home Forward Apartment Building [Willamette Week] Portland Housing Bureau Finds at Least Another $15 Million in Unspent Funds [Portland Mercury]  Lake Oswego Theater Loses Rights To Screen ‘Melania' After Marquee Jokes [Lake Oswego Review] Portland Lawmaker Pushes Tear Gas Ban After ICE Protest Crackdown [Oregonian]   Prominent Portland Psychiatrist Corresponded With Jeffrey Epstein, Emails Show [Willamette Week]  Become a member of City Cast Portland today! Get all the details and sign up here.  Who would you like to hear on City Cast Portland? Shoot us an email at portland@citycast.fm, or leave us a voicemail at 503-208-5448. Want more Portland news? Then make sure to sign up for our morning newsletter and be sure to follow us on Instagram.  Looking to advertise on City Cast Portland? Check out our options for podcast and newsletter ads at citycast.fm/advertise. Learn more about the sponsors of this February 6th episode: Oregon Ballet Neo Home Loans Pivot Portland

MRKT Matrix - Friday, February 6th Dow surges more than 1,000 points to hit 50,000 for the first time in massive snapback from tech rout (CNBC) The Week Anthropic Tanked the Market and Pulled Ahead of Its Rivals (WSJ) The Dark Side of A.I. Weighs on the Stock Market (NYTimes) Nvidia CEO Says AI Capital Spending Is Appropriate, Sustainable (Bloomberg) Nvidia Shares Surge on Big Tech's $650 Billion AI-Spending Plan (Bloomberg) Bitcoin gets slashed in half. What's behind the crypto's existential crisis (CNBC) AI.com bought by Crypto.com founder for $70mn in biggest-ever website name deal (FT) S&P 500 Earnings Season Update: February 6, 2026 (FactSet) --- Subscribe to our newsletter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://riskreversalmedia.beehiiv.com/subscribe⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs

Before I get into who Dr. Will is, I want to introduce you to a life-changing course from Dr. Akilah Willery.The Midlife Educator's Job Search Blueprint is your personalized roadmap to navigating career transitions confidently. Whether you're seeking a leadership role in K12 education or exploring new paths beyond the classroom, this beginner-friendly, 6-module support program equips you with the actionable steps you need to shine.You can learn more about the course here:  https://upskillservices.mykajabi.com/a/2147852369/pCgXU4WdMeet Dr. WillAs seen on Forbes.com, Schoology Exchange, District Administration, EdSurge, iNACOL, and TechEdge magazine, Will Deyamport, III, Ed.D. is a District Instructional Technologist for a K12 school district. Dr. Will, as he is better known as, specializes in assisting educators in going digital. In this role, he delivers in-person and virtual training, coaching, and designs and delivers online professional development courses and live webinars for teachers in grades K-12.  Learn more at iamdrwill.com. ______________________________________________________________________ The Edupreneur: Your Blueprint To Jumpstart And Scale Your Education BusinessYou've spent years in the classroom, leading PD, designing curriculum, and transforming how students learn. Now, it's time to leverage that experience and build something for yourself. The Edupreneur isn't just another book; it's the playbook for educators who want to take their knowledge beyond the school walls and into a thriving business.I wrote this book because I've been where you are. I know what it's like to have the skills, the passion, and the drive but not know where to start. I break it all down: the mindset shifts, the business models, the pricing strategies, and the branding moves that will help you position yourself as a leader in this space.Inside, you'll learn how to:✅ Turn your expertise into income streams, without feeling like a sellout✅ Build a personal brand that commands respect (and top dollar)✅ Market your work in a way that feels natural and impactful✅ Navigate the business side of edupreneurship, from pricing to partnershipsWhether you want to consult, create courses, write books, or launch a podcast, this book will help you get there. Stop waiting for permission. Start building your own table.Grab your copy today and take control of your future.Buy it from EduMatch Publishing https://edumatch-publishing.myshopify.com/collections/new-releases/products/the-edupreneur-by-dr-will

In this episode of The Distribution, Brandon Sedloff sits down with Michael Sidgmore to unpack the accelerating convergence between private markets and private wealth. Drawing on Michael's experience across investing, advisory, and media, the conversation explores how shifting market structure, technology, and education are reshaping distribution strategies. They examine why the wealth channel is still early in its adoption of alternatives and what that means for GPs thinking about growth beyond institutions. The discussion also highlights how evolving business models on both the asset management and wealth management sides are beginning to collide. They discuss: Why education is the primary driver of private market adoption in the wealth channel How different GP profiles should think about whether and how to pursue private wealth distribution The rise of evergreen structures and the operational and cultural demands they place on managers How consolidation in wealth management is changing allocator behavior and GP relationships Why brand, identity, and authenticity matter more than ever for alternative managers Links: Broadhaven Ventures - https://www.broadhaven.vc/ Michael On LinkedIn - https://www.linkedin.com/in/michaelsidgmore/ Alt Goes Mainstream Podcast - https://altgoesmainstream.substack.com/podcast Brandon on LinkedIn - ⁠https://www.linkedin.com/in/bsedloff/⁠ Juniper Square - ⁠https://www.junipersquare.com/⁠ Topics: (00:00:00) - Intro (00:03:05) - Michael's career journey and insights (00:09:13) - Market structure and evolution (00:20:13) - GP profiles and wealth channel strategies (00:26:22) - Education and allocation in private markets (00:29:43) - Navigating the wealth channel (00:30:04) - Leveraging industry-wide education initiatives (00:33:52) - Building a personal brand in finance (00:41:57) - Shifting business models in wealth and asset management (00:48:30) - Exciting prospects for the future (00:53:01) - Conclusion and final thoughts

Big Tech just had one of its worst weeks in years. Earnings were mixed, expectations were impossible, and the market punished everyone from AI spenders to chipmakers to SaaS. Today on Dumb Money: Our Worst Market Week Ever — How We Make It Back x2

Broad Match - Danny and Adam break down Amazon's financial trajectory ahead of the Q4 2025 earnings call, exploring why Prime has effectively tapped out, where the retail business is heading, and why Rufus may be Amazon's most important bet for the future of e-commerce. Host: Danny McMillan Co-Host: Adam "Heist" Runquist Episode Summary With Amazon's Q4 2025 earnings call on the horizon, Adam digs into the historical financials of Amazon's retail business to understand where the company has been and where it is heading. The picture is clear: Prime membership has reached over 200 million Americans, covering roughly 75% of the adult population, and growth has slowed to just 3-4% annually. The remaining unsubscribed population is largely economically unfeasible to convert. The numbers tell a compelling story across Amazon's retail business units. First-party retail has matured and is effectively flat or declining. Third-party seller fees have grown 190% since 2019, far outpacing the 75% growth in Amazon's own retail — but sellers are now squeezed to single-digit net margins with little room for further extraction. Advertising remains the standout at 56 billion dollars in 2024 with 300% growth over five years, yet its long-term sustainability depends on healthy seller participation. This sets up what Adam describes as Amazon's innovators dilemma. Danny and Adam agree that Rufus represents Amazon's play to shift from a purchase destination to a product discovery and research platform, effectively competing with Google, YouTube, and Reddit for the consideration phase. The episode closes with a rallying call for sellers to focus on extreme efficiency, leveraging AI tools to optimise listings at a level of sophistication that was impossible even a year ago, and to prepare for a market where fewer sellers will survive but those who do will be significantly rewarded. Key Takeaways Amazon Prime has effectively saturated the US market at over 200 million members, with the remaining population largely economically unfeasible to convert, signalling the end of Amazon's biggest historical growth engine. Third-party seller fees have grown 190% since 2019 compared to 75% growth in Amazon's own retail, but sellers operating on single-digit margins means Amazon has limited room to extract further on a per-unit basis. Amazon's advertising business pulled in 56 billion dollars in 2024 with 300% five-year growth, but its future depends on whether enough healthy sellers remain to sustain ad spend. Rufus is positioned as Amazon's answer to the innovators dilemma — shifting from a purchase-only platform to a product discovery and research destination to drive more visits, higher conversion, and larger basket sizes. AI tools now allow sellers to accomplish listing optimisation work in hours that previously took weeks, making sophisticated conversion optimisation accessible to small teams without additional headcount. The market is entering a consolidation phase where fewer sellers will survive, but those who maintain cash reserves, optimise ruthlessly, and adapt to the changing landscape will benefit as competitors exit. Chapter Markers 00:00 - Introduction 00:40 - Why Amazon earnings matter for sellers 03:30 - Prime membership growth and saturation 06:22 - First-party retail maturity and decline 09:30 - Third-party seller fees hitting the ceiling 11:10 - Advertising as Amazon's growth engine 13:28 - Rufus and the discovery play 15:47 - The debate around Rufus and objectivity 19:07 - AI efficiency and listing optimisation 22:16 - Beyond keywords and single-dimension thinking 33:24 - Market consolidation and survival strategy 37:19 - Practical steps for sellers right now Resources Seller Sessions Website Seller Sessions YouTube Adam "Heist" Runquist on LinkedIn Adam Heist YouTube Channel ```

https://randygage.com/What if the real reason your marketing isn't working has nothing to do with algorithms, funnels, or leads? In this episode, Randy Gage sits down with David Newman to dismantle the hustle-marketing myth and expose a higher-level game: eminence. You'll discover how to create market gravity. Which is not about posting more content, chasing visibility, or begging for attention. It's about becoming the obvious authority — the person clients seek out, trust instantly, and pay premium fees without resistance.Please like, comment, and share.Warning: Explicit language.Show Notes:Website:• https://www.doitmarketing.com/Book:• Market Eminencehttps://www.marketeminence.com/Social Media:• LinkedIn: https://www.linkedin.com/in/davidjnewman• YouTube: https://www.youtube.com/@dnewman• X (Twitter): https://x.com/dnewman

In this episode of Molecule to Market, you'll go inside the outsourcing space of the global drug development sector with Pep Gubau, CEO, CTO & Co-Founder at Aizon.   Your host, Raman Sehgal, discusses the pharmaceutical and biotechnology supply chain with Pep, covering:   How working out what not to do very early on led to two successful growth and exit stories. Why surrounding yourself with smarter people is essential to learning, scaling, and long term success. How the industry's underuse of data led to the creation of Aizon, and the challenge of pitching AI back in 2014 when it was anything but fashionable. The critical difference between pharma people building technology versus technology companies trying to do pharma. How pharma and CDMO manufacturing teams should be thinking about digitisation, AI, and transformative technology in a practical, value driven way.   Pep Gubau is the CEO and co-founder of Aizon, and a seasoned tech entrepreneur with four decades of experience and two previously successful companies. He has a unique background as an economist with a foundation in engineering, and he holds several international patents in encryption, data transmission, storage, and processing for regulated cloud environments.   Pep is also a frequent speaker on the impact of Big Data, Machine Learning, and other Artificial Intelligence technologies, sharing insights into how these innovations are transforming regulated industries.   Molecule to Market is also sponsored by Bora Pharmaceuticals, and supported by Lead Candidate. Please subscribe, tell your industry colleagues and join us in celebrating and promoting the value and importance of the global life science outsourcing space. We'd also appreciate a positive rating! 

This week's Money Metals exclusive interview, this time with Ted Oakley with Oxbow Advisors out of Austin, Texas. Ted shares his amazing insights as a longtime advisor for high-net-worth investors and the tricks of the trade.  Don't forget to also follow us on social media for more important precious metals updates! https://www.youtube.com/@Moneymetals | https://www.facebook.com/MoneyMetals | https://instagram.com/moneymetals/ | https://twitter.com/moneymetals | https://www.pinterest.com/moneymetals/

Host Brian Walsh takes up ImpactAlpha's top stories with editor David Bank. Up this week: How patient capital built India's booming affordable home lending market; Nippon Life Insurance's step-up to system-level investing in Japan (07:15); and, the push and pull behind growing interest in climate adaptation (13:20).Story links:"Key to India's booming affordable home lending market: Patient capital," by Shefali Anand“With 'people x planet', Nippon Life Insurance steps up to system-level investing,” by Erik Stein.“Rising risks and returns on resilience are the push and pull for climate adaptation,” by David Bank.

In this latest episode of the More From Sam series, Sam and Jaron talk about current events. They discuss Sam's unexpected appearance in the Epstein files, the revolting behavior of various public figures named, the political viability of Gavin Newsom in 2028, the wisdom of celebrity political statements, the societal implications of AI-driven job displacement, what makes Sam and his family laugh, and other topics. If the Making Sense podcast logo in your player is BLACK, you can SUBSCRIBE to gain access to all full-length episodes at samharris.org/subscribe.

As a marketing leader, you often spend so much time on the strategies and tactics that keep your brand growing that it's difficult to keep up with what's going on in the background with the platforms and the companies behind them. While agility requires a flexible technology stack, it also requires a leadership mindset that can distinguish market noise from genuine strategic opportunity, and filter out the hype to understand the shifts that can impact customers and the bottom line. The ability to pivot your people, processes, and platforms in response to major market shifts is no longer a nice to have, but rather a competitive advantage. Today, I'm excited to talk with our 2026 Resident Expert on the CX and MarTech platform landscape. We're going to focus on the business and business opportunities that mergers, acquisitions, and big moves in the market provide to these platforms' customers. Our focus today is going to be a recap of market activity in 2025 with an eye towards what to expect in 2026. To help me discuss this topic, I'd like to welcome, Bill Staikos, Founder at Be Customer Led.About Bill Staikos Bill Staikos on LinkedIn: https://www.linkedin.com/in/billstaikos/ Resources Be Customer Led: https://becustomerled.com/ Take your personal data back with Incogni! Use code AGILE at the link below and get 60% off an annual plan: https://incogni.com/agile 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://advertalize.com/r/faaed112fc9887f3 Connect 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

Financial Repercussions are the result of decisions made without Discipline. Every move in the stock market has a consequence just like every action in life. GOD is clear about this you reap what you sow. When you ignore risk management chase plays or trade off emotion the market doesn't punish you it responds. Those losses aren't bad luck they are feedback telling you something in your process is out of order. GOD gives Grace but the Market gives Receipts. Financial Repercussions are meant to teach not destroy. When you start respecting capital protecting profits and waiting for confirmation you stop paying unnecessary tuition. Wealth grows when accountability replaces excuses. Once you align your actions with wisdom patience and structure, the repercussions turn into rewards and the market begins to honor the way you move.Horizon Trust - Keep More. Retire BIGGER

Our Global Head of Macro Strategy Matthew Hornbach and Chief U.S. Economist Michael Gapen discuss the path for U.S. interest rates after the nomination of Kevin Warsh for next Fed chair.Read more insights from Morgan Stanley.----- Transcript -----Matthew Hornbach: Welcome to Thoughts on the Market. I'm Matthew Hornbach, Global Head of Macro Strategy. Michael Gapen: And I'm Michael Gapen, Morgan Stanley's Chief U.S. Economist. Matthew Hornbach: Today we'll be talking about the Federal Open Market Committee meeting that occurred last week.It's Thursday, February 5th at 8:30 am in New York.So, Mike, last week we had the first Federal Open Market Committee meeting of 2026. What were your general impressions from the meeting? And how did it compare to what you had thought going in? Michael Gapen: Well, Matt, I think that the main question for markets was how hawkish a hold or how dovish a hold would this be. As you know, it was widely expected the Fed would be on hold. The incoming data had been fairly solid. Inflation wasn't all that concerning, and most of the employment data suggested things had stabilized. So, it was clear they were going to pause. The question was would they pause or would they be on pause, right? And in our view, it was more of a dovish hold. And by that, it suggests to us, or they suggested to us, I should say, that they still have an easing bias and rates should generally move lower over time. So, that really was the key takeaway for me. Would they signal a prolonged pause and perhaps suggest that they might be done with the easing cycle? Or would they say, yes, we've stopped for now, but we still expect to cut rates later? Perhaps when inflation comes down and therefore kind of retain a dovish bias or an easing bias in the policy rate path. So, to me, that was the main takeaway. Matthew Hornbach: Of course, as we all know, there are supposed to be some personnel changes on the committee this year. And Chair Powell was asked several questions to try to get at the future of this committee and what he himself was going to do personally. What was your impression of his response and what were the takeaways from that part of the press conference? Michael Gapen: Well, clearly, he's been reluctant to, say, pre-announce what he may do when his term is chair ends in May. But his term as a governor extends into 2028. So, he has options. He could leave normally that's what happens. But he could also stay and he's never really made his intentions clear on that part. I think for maybe personal or professional reasons. But he has his own; he has his own reasons and, and that's fine. And I do think the recent subpoena by the DOJ has changed the calculus in that. At least my own view is that it makes it more likely that he stays around. It may be easier for him to act in response to that subpoena by being on staff. It's a request for additional information; he needs access to that information. I think you could construct a reasonable scenario under which, ‘Well, I have to see this through, therefore, I may stay around.' But maybe he hasn't come to that conclusion yet. And then stepping back, that just complicates the whole picture in the sense that we now know the administration has put forward Kevin Warsh as the new Fed chair. Will he be replacing the seat that Jay Powell currently sits in? Will he be replacing the seat that Stephen Myron is sitting in? So yes, we have a new name being put forward, but it's not exactly clear where that slot will be; and what the composition of the committee will look like. Matthew Hornbach: Well, you beat me to the punch on mentioning Kevin Warsh… Michael Gapen: I kind of assumed that's where you were going. Matthew Hornbach: It was going to be my next question. I'm curious as to what you think that means for Fed policy later this year, if anything. And what it might mean more medium term? Michael Gapen: Yeah. Well, first of all, congratulations to Mr. Warsh on the appointment. In terms of what we think it means for the outlook for the Fed's reaction function and interest rate policy, we doubt that there will be a material change in the Fed's reaction function. His previous public remarks don't suggest his views on interest rate policy are substantively outside the mainstream, or at least certainly the collective that's already in the FOMC. Some people would prefer not to ease. The majority of the committee still sees a couple more rate cuts ahead of them. Warsh is generally aligned with that, given his public remarks. But then also all the reserve bank presidents have been renominated. There's an ongoing Supreme Court case about the ability of the administration to fire Lisa Cook. If that is not successful, then Kevin Warsh will arrive in an FOMC where there's 16 other people who all get a say. So, the chair's primary responsibility is to build a consensus; to herd the cats, so to speak. To communicate to markets and communicate to the public. So, if Mr. Warsh wanted to deviate substantially from where the committee was, he would have to build a consensus to do that. So, we think, at least in the near term, the reaction function won't change. It'll be driven by the data, whether the labor market holds up, whether inflation, decelerates as expected. So, we don't look for material change. Now you also asked about the medium term. I do think where his views differ, at least with respect to current Fed policy is on the size of the Fed's balance sheet and its footprint in financial markets. So, he has argued over time for a much smaller balance sheet. He's called the Fed's balance sheet bloated. He has said that it creates distortions in markets, which mean interest rates could be higher than they otherwise would be. And so, I think if there is a substantive change in Fed policy going forward, it could be there on the balance sheet. But what I would just say on that is it'll likely take a lot of coordination with Treasury. It will likely take changes in rules, regulations, the supervisory landscape. Because if you want to reduce the balance sheet further without creating volatility in financial markets, you have to find a way to reduce bank demand for it. So, this will take time, it'll take study, it'll take patience. I wouldn't look for big material changes right out of the box. So Matt, what I'd like to do is, if I could flip it back to you, Warsh was certainly one of the expected candidates, right? So, his name is not a surprise. But as we knew financial markets, one day we're thinking it'd be one candidate. The next day it'd be thinking at the next it was somebody else. How did you see markets reacting to the announcement of Mr. Warsh? For the next Fed share, and then maybe put that in context of where markets were coming out of the last FOMC meeting. Matthew Hornbach: Yeah, so the markets that moved the most were not the traditional, very large macro markets like the interest rate marketplace or the foreign exchange market. The markets that moved the most were the prediction markets. These newer markets that offer investors the ability to wager on different outcomes for a whole variety of events around the world. But when it comes to the implications of a Kevin Warsh led Fed – for the bigger macro markets like interest rates and currencies, the question really comes down to how? If the Fed's balance sheet policies are going to take a while to implement, those are not going to have an immediate effect, at least not an effect that is easily seen with the human eye. But it's other types of policy change in terms of his communication policy, for example. One of the points that you raised in your recent note, Mike, was how Kevin Warsh favored less communication than perhaps some of the recent, Federal Open Market Committees had with the public. And so, if there is some kind of a retrenchment from the type of over-communication to the marketplace, from either committee members or non-voters that could create a bit more volatility in the marketplace. Of course, the Fed has been one of the central banks that does not like to surprise the markets in terms of its monetary policy making. And so, that contrasts with other central banks in the G10. For example, the Swiss National Bank tends to surprise quite a lot. The Reserve Bank of Australia tends to surprise markets. More often, certainly than the Fed does. So, to the extent that there's some change in communication strategy going forward that could lead to more volatile interest rate in currency markets. And that then could cause investors to demand more risk premium to invest in those markets. If you previously were comfortable owning a longer duration Treasury security because you felt very comfortable with the future path of Fed policy, then a Kevin Warsh led Fed – if it decides to change the communication strategy – could naturally lead investors to demand more risk premium in their investments. And that, of course, would lead to a steeper U.S. Treasury curve, all else equal. So that would be one of the main effects that I could see happen in markets as a result of some potential changes that the Fed may consider going forward. So, Mike, with that said, this was the first FOMC meeting of the year, and the next meeting arrives in March. I guess we'll just have to wait between now and then to see if the Fed is on hold for a longer period of time or whether or not the data convinced them to move as soon as the March meeting. Thanks for taking time to talk, Mike. Michael Gapen: Great speaking with you, Matt. Matthew Hornbach: And thanks for listening. If you enjoy Thoughts on the Market, please leave us a review wherever you listen and share the podcast with a friend or colleague today.

The hosts dive into Bitcoin's volatility below $75K, dissect the explosive CZ vs Star Twitter battle over who caused the 10/10 liquidation cascade, debate the ethics of founder secondary sales with passionate disagreement, and explore the surprising crypto connections in the newly released Epstein files including Tarun's unexpected cameo. Welcome to The Chopping Block — where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest in crypto. This week, the crew tackles a volatile market with Bitcoin struggling below $75K and explores what's driving the uncertainty. They dive deep into the explosive Twitter battle between Binance founder CZ and OKX's Star over who really caused the catastrophic 10/10 liquidation event that broke crypto's correlation with traditional markets. The conversation gets heated as the hosts debate the ethics of founder secondary sales — with Haseeb taking a surprisingly libertarian stance against his co-hosts. Finally, they explore the unexpected crypto connections in the newly released Epstein files, including Tarun's own amusing cameo and connections to Coinbase, Bitcoin Core developers, and other industry figures. From market analysis to Twitter drama to moral philosophy, this episode covers the full spectrum of crypto discourse. Let's get into it. Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform. Show highlights

Eric Balchunas is a senior ETF analyst at Bloomberg, where he has more than a decade of experience working with ETF data, designing new functions, and writing ETF research for the Bloomberg terminal. He also writes articles, feature stories, and blog posts on ETFs for Bloomberg.com and appears each week on Bloomberg TV and Radio to discuss ETFs. These podcasts, posted here, are now all on a slight delay and are taken from my near-daily blog, Fringe Finance. As of right now I have no sponsors, so the best way to show support is just to listen/read or subscribe to my blog: http://quoththeraven.substack.com  You can also still contribute a one time or recurring donation to the podcast via Patreon: https://www.patreon.com/QTRResearch All podcast content is subject to this disclaimer, which you should read slowly, multiple times. Thank you all for your continued support over the years. I stand on the shoulders of the people who listen to and/or enjoy my content and I never lose sight of that. QTR's Disclaimer: Please read my full legal disclaimer on my About page here. This post represents my opinions only. In addition, please understand I am an idiot and often get things wrong and lose money. I may own or transact in any names mentioned in this piece at any time without warning. Contributor posts and aggregated posts have been hand selected by me, have not been fact checked and are the opinions of their authors. They are either submitted to QTR by their author, reprinted under a Creative Commons license with my best effort to uphold what the license asks, or with the permission of the author. This is not a recommendation to buy or sell any stocks or securities, just my opinions. I often lose money on positions I trade/invest in. I may add any name mentioned in this article and sell any name mentioned in this piece at any time, without further warning. None of this is a solicitation to buy or sell securities. I may or may not own names I write about and are watching. Sometimes I'm bullish without owning things, sometimes I'm bearish and do own things. Just assume my positions could be exactly the opposite of what you think they are just in case. If I'm long I could quickly be short and vice versa. I won't update my positions. All positions can change immediately as soon as I publish this, with or without notice and at any point I can be long, short or neutral on any position. You are on your own. Do not make decisions based on my blog or what my guests say. Nothing is fact checked. I exist on the fringe. Assume any and all numbers in this piece are wrong and make sure you check them yourself. The publisher does not guarantee the accuracy or completeness of the information provided in this page. These are not the opinions of any of my employers, partners, or associates. I did my best to be honest about my disclosures but can't guarantee I am right; I write these posts after a couple beers sometimes. I edit after my posts are published because I'm impatient and lazy, so if you see a typo, check back in a half hour. Also, I just straight up get shit wrong a lot. I mention it twice because it's that important.

In this episode, Stephan Livera discusses with Jay & Matt the evolution of Lygos Finance, a company formed from the acquisition of Atomic Finance, focusing on decentralized lending using Discreet Log Contracts (DLCs). The conversation explores the growth of the Bitcoin collateralized lending market, the unique position of Lygos in offering non-custodial loans, and the role of Oracles in determining loan outcomes. The hosts delve into the flexible loan terms and competitive interest rates offered by Lygos, as well as the platform's global reach and future developments in user experience and funding mechanisms.Takeaways:

Nancy Guthrie's children speak out after law enforcement receives unverified ransom notes. Some Epstein survivors have accused the department of Justice of botching the latest release of case files. The Trump Administration is pulling back federal law enforcement officer from Minnesota, but questions remain. New data confirms your hunch about the labor market. Plus, we explain why a new Trump administration push could mean higher energy bills for you.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Learn how to plan for self-employment taxes and understand how savings interest can affect your tax bill. How can sports betting apps affect your finances? How do you set up taxes for 1099 contract work? Hosts Sean Pyles and Elizabeth Ayoola discuss self-employment taxes to help you prepare for tax season and avoid surprises. But first, senior news writer Anna Helhoski joins them to discuss the rise of sports betting and prediction markets. They break down how legal sports betting expanded after a 2018 Supreme Court decision, how app-based betting and prop bets make it easy to wager in real time, and the growing concerns around addiction risk, regulation, and the nonstop flood of betting ads. Then, Sean and Elizabeth dig into tax prep for contract work, including how business structure can affect self-employment taxes, ways to pay during the year through quarterly estimated payments or adjusting W-2 withholding, and how to stay organized with bookkeeping, deductible expenses, and forms like 1099-NEC. They also cover what to expect tax-wise with a Roth IRA and why high-yield savings account interest is typically taxed as ordinary income (often reported on Form 1099-INT). Use NerdWallet's free calculator to estimate your self-employment tax: https://www.nerdwallet.com/taxes/calculators/self-employment-tax-calculator  Want us to review your budget? Fill out this form — completely anonymously if you want — and we might feature your budget in a future segment! https://docs.google.com/forms/d/e/1FAIpQLScK53yAufsc4v5UpghhVfxtk2MoyooHzlSIRBnRxUPl3hKBig/viewform?usp=header In their conversation, the Nerds discuss: self-employment taxes, 1099 contractor taxes, estimated taxes, quarterly estimated tax payments, Form 1099-NEC, Schedule C, Schedule SE, sole proprietor taxes, S corp vs LLC taxes, S corp reasonable salary, self-employment tax rate 15.3%, net earnings self-employment tax, W-2 withholding for side hustle, Form 1040-ES, bookkeeping for freelancers, deductible business expenses, home office deduction, business bank account, separate business and personal finances, business credit card for expenses, tax deadline for S corp, first time penalty abatement, IRS penalty abatement, Roth IRA taxes, Roth IRA income limits 2026, Roth IRA phase-out, traditional IRA tax deduction, SEP IRA, SIMPLE IRA, tax forms for freelancers, Form 1099-INT, high-yield savings account taxes, sports betting taxes, sports betting apps, DraftKings, FanDuel, prediction markets, Kalshi, and Polymarket. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com. Like what you hear? Please leave us a review and tell a friend. Learn more about your ad choices. Visit megaphone.fm/adchoices

Spurred by a suite of executive orders and investments from the federal government, new nuclear reactors are coming soon. Or the announcements are at least.  The advanced nuclear sector has found itself in the spotlight as companies race to acquire licenses and permits aimed at achieving "criticality.” But what do these milestones signify? And is hitting the deadlines even feasible? In this episode, Shayle talks to Katy Huff,  former assistant secretary for nuclear energy at the Department of Energy and current associate professor at the University of Illinois. They unpack the wave of new nuclear announcements, the realities of navigating an arcane regulatory gauntlet, and what Katy considers a realistic timeline for new nuclear deployment. Shayle and Katy cover topics like: The NRC's “murky” pre-application process The differences between various licensing pathways Why Katy views the DOE's goal to have three reactors reach criticality by July 4th as “an extremely aggressive milestone” Upcoming revised guidance on nuclear radiation dose rates The challenges facing the DOE amidst a staff shortage Katy's assessment of a feasible timeline for getting new reactors operational Why Katy doesn't think microreactors are economically scalable…yet Catalyst: The US nuclear groundswell Open Circuit: Inside Meta's massive nuclear push Latitude Media: The self-inflicted hurdles facing Trump's nuclear orders Latitude Media: The Department of Energy's 2026 playbook⁠ Credits: Hosted by Shayle Kann. Produced and edited by Max Savage Levenson. Original music and engineering by Sean Marquand. Stephen Lacey is our executive editor. Catalyst is brought to you by Uplight. Uplight activates energy customers and their connected devices to generate, shift, and save energy—improving grid resilience and energy affordability while accelerating decarbonization. Learn how Uplight is helping utilities unlock flexible load at scale at ⁠uplight.com⁠.  Catalyst is brought to you by Antenna Group, the public relations and strategic marketing agency of choice for climate, energy, and infrastructure leaders. If you're a startup, investor, or global corporation that's looking to tell your climate story, demonstrate your impact, or accelerate your growth, Antenna Group's team of industry insiders is ready to help. Learn more at ⁠antennagroup.com⁠. Catalyst is brought to you by EnergyHub. EnergyHub helps utilities build next-generation virtual power plants that unlock reliable flexibility at every level of the grid. See how EnergyHub helps unlock the power of flexibility at scale, and deliver more value through cross-DER dispatch with their leading Edge DERMS platform, by visiting⁠ ⁠⁠energyhub.com⁠.

Value: After Hours is a podcast about value investing, Fintwit, and all things finance and investment by investors Tobias Carlisle, and Jake Taylor. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Soldier of Fortune: Warren Buffett, Sun Tzu and the Ancient Art of Risk-Taking⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ (⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Kindle⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠)We are live every Tuesday at 1.30pm E / 10.30am P.See our latest episodes at https://acquirersmultiple.com/podcastAbout Jake Jake's Twitter: https://twitter.com/farnamjake1Jake's book: The Rebel Allocator https://amzn.to/2sgip3lABOUT THE PODCASTHi, I'm Tobias Carlisle. I launched The Acquirers Podcast to discuss the process of finding undervalued stocks, deep value investing, hedge funds, activism, buyouts, and special situations.We uncover the tactics and strategies for finding good investments, managing risk, dealing with bad luck, and maximizing success.SEE LATEST EPISODEShttps://acquirersmultiple.com/podcast/SEE OUR FREE DEEP VALUE STOCK SCREENER https://acquirersmultiple.com/screener/FOLLOW TOBIASWebsite: https://acquirersmultiple.com/Firm: https://acquirersfunds.com/ Twitter: ttps://twitter.com/GreenbackdLinkedIn: https://www.linkedin.com/in/tobycarlisleFacebook: https://www.facebook.com/tobiascarlisleInstagram: https://www.instagram.com/tobias_carlisleABOUT TOBIAS CARLISLETobias Carlisle is the founder of The Acquirer's Multiple®, and Acquirers Funds®. He is best known as the author of the #1 new release in Amazon's Business and Finance The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market, the Amazon best-sellers Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations (2014) (https://amzn.to/2VwvAGF), Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors (2012) (https://amzn.to/2SDDxrN), and Concentrated Investing: Strategies of the World's Greatest Concentrated Value Investors (2016) (https://amzn.to/2SEEjVn). He has extensive experience in investment management, business valuation, public company corporate governance, and corporate law.Prior to founding the forerunner to Acquirers Funds in 2010, Tobias was an analyst at an activist hedge fund, general counsel of a company listed on the Australian Stock Exchange, and a corporate advisory lawyer. As a lawyer specializing in mergers and acquisitions he has advised on transactions across a variety of industries in the United States, the United Kingdom, China, Australia, Singapore, Bermuda, Papua New Guinea, New Zealand, and Guam. He is a graduate of the University of Queensland in Australia with degrees in Law (2001) and Business (Management) (1999).

This week, the Hivemind team breaks down the continued sell-off in markets, from crypto to software. We deep-dive into the historical L1 premium, the endgame for Hyperliquid, Bitcoin's quantum threat, Vitalik's post on L2s, and more. Enjoy! -- Follow Ceteris: ⁠https://x.com/ceterispar1bus⁠ Follow Jason: ⁠https://x.com/3xliquidated⁠ Follow Yan: https://x.com/YanLiberman Follow LTR: https://x.com/maybeltr Follow Empire: ⁠https://x.com/theempirepod⁠ Subscribe on YouTube: ⁠https://bit.ly/4jYEkBx⁠ Subscribe on Apple: ⁠https://bit.ly/3ECSmJ3⁠ Subscribe on Spotify: ⁠https://bit.ly/4hzy9lH⁠ -- Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: ⁠https://blockworks.co/newsletter/⁠ -- (00:00) Introduction (00:48) State of The Market (13:15) Are L1s Still Overvalued? (22:50) The Hyperliquid End Game (31:38) Bitcoin's Quantum Threat (36:42) Ethereum's L2 Roadmap -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, the Hivemind team, and our guests may hold positions in the companies, funds, or projects discussed.

Join Chris Forsberg, Eddie House, and Chris Mannix for a special "Celtics Talk Podcast" as we react to all of the moves made at the 2026 NBA Trade Deadline. 00:00 Intro & reaction to the Celtics big move in acquiring Nikola Vucevic for Anfernee Simons 02:20 Mannix' take on the Pacers trading for Ivica Zubac, who had been on the C's radar 06:18 Eddie and Mannix on how Vucevic might fit now, and in the future 11:00 Who could the Celtics look at in the buyout market? 15:20 Mannix has a new take on where Jayson Tatum is in his recovery 21:40 Looking at some of the other big trades around the league this week WATCH every episode of the Celtics Talk podcast on YouTubeFollow NBC Sports Boston:NBCSportsBoston.comX @NBCScelticsFacebookInstagramTikTok Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Today, a look at a remarkable downdraft in nearly all AI-adjacent stocks, with no category escaping the selling, even as much of the rest of the market posted a positive and even strong day, the latest in wildly gyrating internals. We try to piece together a takeaway and wonder as well whether the European equity market performance has gotten overcooked. Perspectives on the Bitcoin sell-off, FX and macro and much more also on today's pod, which is hosted by Saxo Global Head of Macro Strategy John J. Hardy. Links discussed on the podcast and our Chart of the Day can be found on the John J. Hardy substack (within one to four hours from the time of the podcast release). Read daily in-depth market updates from the Saxo Market Call and the Saxo Strategy Team here. Please reach out to us at marketcall@saxobank.com for feedback and questions. Click here to open an account with Saxo. Intro and outro music by AShamaluevMusic DISCLAIMER This content is marketing material. Trading financial instruments carries risks. Always ensure that you understand these risks before trading. This material does not contain investment advice or an encouragement to invest in a particular manner. Historic performance is not a guarantee of future results. The instrument(s) referenced in this content may be issued by a partner, from whom Saxo Bank A/S receives promotional fees, payment or retrocessions. While Saxo may receive compensation from these partnerships, all content is created with the aim of providing clients with valuable information and options.

Magnus Walker Selling Off Cars, Art & Memorabilia Big news out of the collector world: Magnus Walker is consigning a significant portion of his collection to RM Sotheby's for a March 2026 auction. We're talking 160 items total—cars, art, memorabilia. No official word yet on which cars are going, but given the timing, this is likely tied to the Amelia auction. The question is: why? Is Magnus losing interest? Chasing something new? Just cashing in while values are high? We've seen this pattern before—Vinny recently sold his GT3 RS. So what's going on? Our take: we don't think the sky is falling. Prices on collectible Porsches are strong right now, and smart owners are capitalizing. We're not seeing any signals that demand is softening—if anything, more people are moving money into special cars. The hobby is growing, not shrinking. These guys aren't getting out because they know something we don't. They're getting out because the market is paying. Fahren 2025: October 13–16 at Tapoco Lodge Let's talk Fahren. October 13th through the 16th at Tapoco Lodge in the Smoky Mountains. If you haven't been, this is the one. The roads, the people, the format—it's everything we love about driving Porsches without any of the nonsense. Who goes? Enthusiasts who actually drive their cars. People who care more about the road than the parking lot. The kind of folks who become friends, not just acquaintances. Who should go? If you've been on the fence, this is your sign. If you want a premium driving experience with a tight-knit group, no egos, and some of the best roads in the country, Fahren is it. Why should you go? Because you'll leave with stories, not just photos. Head to pcartalk.com and get on the waiting list for 2026 if this year is full. Porsche Closing 30% of Dealer Network in China Porsche is set to close roughly 30% of its dealer network in China. Not shocking given the revenue losses they've reported quarter after quarter in that market. The EV competition there is fierce, consumer preferences are shifting, and Porsche's positioning hasn't translated the same way it does in the West. Markets change. Porsche is adapting. This isn't a sign of weakness globally—it's a smart move to stop the bleeding in a region where the math isn't working. We'll see how this plays out, but expect more consolidation before things stabilize. Modern Classics Selling Big at Barrett-Jackson and Mecum Something interesting is happening at the mainstream auctions. Cars like Ferrari 360 Challenge Stradales and Porsche 993 Turbo S models—cars that historically would sit with reserves not met at Barrett-Jackson or Mecum—are now selling. And selling strong. What's changed? A few theories: Are buyers shifting? Are fewer Boomers showing up and more Gen X and Millennials stepping in with different tastes? These younger buyers grew up with these cars as posters on their walls, not as "used sports cars." Or have the Boomers themselves shifted what they're chasing? Maybe they've already bought the '60s muscle and the air-cooled 911s and now they're looking at the cars they drove in their 40s and 50s. Either way, the platforms are adapting. Barrett-Jackson and Mecum are no longer just about Corvettes and Camaros. The definition of "collectible" is expanding, and the auction houses are following the money. What do you think? Are we seeing a generational handoff in the hobby, or just an expansion of what collectors care about? Let us know. Outro That's the show. Thanks for listening. If you want more, join the Pcar Club at Patreon.com/pcartalk. Follow us on Instagram @pcartalk. Until next time, keep it on the road. Kimchi Crew Steve, Leslie, Chris, Ken, Aaron, Matthew, Sean, and Nik

In this episode, Jakob Emerson, Associate News Director at Becker's Healthcare, breaks down Kaiser Permanente's entry into Nevada, growing tensions between hospitals and Medicare Advantage plans, and how federal payment changes are squeezing major insurers while smaller, specialized plans gain ground.

Tom discusses Google earnings and Scott Bessent's testimony to the House. 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

Dr. Christle Guevarra is a board-certified physician in family and sports medicine and an expert in GLP-1 agonist medications and other weight loss drugs.Christle returns to take us through a deeper dive into the rapidly evolving world of weight loss medications, including new drugs in development, societal implications, influencer narratives, and what patients should actually be thinking about when considering these treatments.THIS EPISODE COVERS:Whether there are more effective weight loss drugs on the market than OzempicWhat Tirzepatide is and how it worksWhat Retatrutide is and whether it is approved for useWhat triple receptor agonist medications areOther promising weight loss medications currently being developed and testedThe potential societal impact of these medications over the next 2 to 5 yearsWhether these medications should be used as a long-term solutionWhat conditions would need to be met to discontinue themWhat patients should actively manage about their nutrition while using these medicationsWhether there is merit to influencer claims about a “nature's Ozempic”New fear-based narratives surrounding GLP-1 agonists and similar drugsHow to navigate conversations around the “skinny Hollywood” trendAnd much moreIf you would like to hear Christle discuss GLP-1 agonist medications in more foundational detail, check out episode #331:Apple:https://podcasts.apple.com/ca/podcast/lift-free-and-diet-hard-with-andrew-coates/id1294990985?i=1000684835291Spotify:https://open.spotify.com/episode/6ykUEt7qvn3iWdjLVD3qF7?si=6K_NqyGeQ_6PWeHfYuJ4iQYouTube:https://youtu.be/Q-4ozbqPDGEInstagram: @dr.christleCHAPTERS00:16 Understanding GLP-1 Agonists00:59 Diving into Tirzepatide04:15 Cat Vomit Interlude05:24 RP Strength and Hypertrophy App06:47 Market and Usage of GLP-1 Agonists11:41 Future of Weight Loss Medications21:37 Challenges with Medication Costs26:59 The Role of Profit in Medical Research28:09 Long-Term Use of Medications: A Balanced Perspective31:14 Personal Journey with GLP-1 Medications33:43 Managing Health Beyond Medication35:59 Debunking the “Nature's Ozempic” Myth39:56 Celebrity Influence and Media Narratives47:51 Future of Weight Loss Medications50:24 Resources and Final ThoughtsSUPPORT THE SHOWIf this episode helped clarify the rapidly changing world of weight loss medications, you can support the show by:Subscribing and checking out more episodesSharing it on social media (tag me — I will respond)Sending it to someone trying to navigate GLP-1 conversations responsiblyFOLLOW ANDREW COATESInstagram: @andrewcoatesfitnesshttps://www.andrewcoatesfitness.comPARTNERS AND RESOURCESRP Strength App (use code COATESRP)https://www.rpstrength.com/coatesJust Bite Me Meals (use code ANDREWCOATESFITNESS for 10 percent off)https://justbitememeals.com/MacrosFirst – FREE Premium TrialDownload MacrosFirstDuring setup, answer: How did you hear about us?Type: ANDREWKNKG Bags (15 percent off)https://www.knkg.com/Andrew59676Versa Gripps (discount link)https://www.versagripps.com/andrewcoatesTRAINHEROIC – FREE 90 Day Trial (2 steps)Go to: https://www.trainheroic.com/liftfreeReply to the email you receive (or email trials@trainheroic.com) and let them know Andrew sent you

Wanna work with us? Schedule a call here: https://go.oncehub.com/bookacall This Is How We Enter a New Lending Market (Steps 1 to 4) - #324 In this episode of the Private Lenders Podcast, Jason and Chris break down exactly how they enter a new lending market, sharing the first 4 proven steps they've used to successfully expand into new metro areas and add millions in loan volume. If you're a private lender or hard money lender thinking about geographic expansion, this episode walks through the marketing, lead flow, and relationship strategies that actually move the needle—before underwriting a single deal.

Welcome to Nerd Alert, a series of special episodes bridging the gap between marketing academia and practitioners. We're breaking down highly involved, complex research into plain language and takeaways any marketer can use. In this episode, Elena and Rob explore how emotions, even ones unrelated to purchasing decisions, shape what people are willing to spend. They reveal that disgust suppresses value across the board, while sadness increases openness to new products by motivating a desire for change. Topics covered:   [01:00] "Heart Strings and Purse Strings: Carryover Effects of Emotions on Economic Decisions"[02:00] How disgust, sadness, and neutrality shift buying behavior[03:00] The endowment effect and emotional influence[05:00] Why specificity matters more than positive or negative[06:00] Disgust in advertising: effective or repellent?[08:00] Can annoyance drive brand recall?  To learn more, visit marketingarchitects.com/podcast or subscribe to our newsletter at marketingarchitects.com/newsletter.  Resources: Lerner, J. S., Small, D. A., & Loewenstein, G. (2004). Heart strings and purse strings: Carryover effects of emotions on economic decisions. Psychological Science, 15(5), 337–341.  Get more research-backed marketing strategies by subscribing to The Marketing Architects on Apple Podcasts, Spotify, or wherever you listen to podcasts. 

Andrew Ross Sorkin sees the crash of 1929 as a tale of excessive leverage and irrational speculation, but Tyler wonders: maybe those sky-high 1929 prices were actually justified given America's remarkable century ahead. Maybe the real problem was the "Negative Nellies" who panicked afterward rather than the speculators everyone blamed. For that matter, isn't 2008 looking less and less like a bubble with each passing year? Tyler and Andrew debate whether those 1929 stock prices were justified, what Fed and policy choices might have prevented the Depression, whether Glass-Steagall was built on a flawed premises, what surprised Andrew most about the 1920s beyond the crash itself, how business leaders then would compare to today's CEOs, whether US banks should consolidate, how Andrew would reform US banking regulation, what to make of narrow banking proposals and stablecoins, whether retail investors should get access to private equity and venture capital, why sports gambling and new financial regulations won't make us much safer, how Andrew broke into the New York Times at age 18, how he manages his information diet, what he learned co-creating Billions, what he plans on learning about next, and more. Read a full transcript enhanced with helpful links, or watch the full video on the new dedicated Conversations with Tyler channel. Recorded October 30th, 2025. Other ways to connect Follow us on X and Instagram Follow Tyler on X Follow Andrew on X Sign up for our newsletter Join our Discord Email us: cowenconvos@mercatus.gmu.edu Learn more about Conversations with Tyler and other Mercatus Center podcasts here. Image Credit: Mike Cohen

Affordability is back in focus in D.C. after the brief U.S. shutdown. Our Deputy Global Head of Research Michael Zezas and Head of Public Policy Research Ariana Salvatore look at some proposals in play.Read more insights from Morgan Stanley.----- Transcript -----Michael Zezas: Welcome to Thoughts on the Market. I'm Michael Zezas, Deputy Global Head of Research for Morgan Stanley. Ariana Salvatore: And I'm Ariana Salvatore, Head of Public Policy Research. Michael Zezas: Today we're discussing the continued focus on affordability, and how to parse signals from the noise on different policy proposals coming out of D.C.It's Wednesday, February 4th at 10am in New York. Ariana Salvatore: President Trump signed a bill yesterday, ending the partial government shutdown that had been in place for the past few days. But affordability is still in focus. It's something that our clients have been asking about a lot. And we might hear more news when the president delivers his State of the Union address on February 24th and possibly delivers his budget proposal, which should be around the same time. So, needless to say, it's still a topic that investors have been asking us about and one that we think warrants a little bit more scrutiny. Michael Zezas: But maybe before we get into how to think about these affordability policies, we should hit on what we're seeing as the real pressure points in the debate. Ariana, you recently did some work with our economists. What were some of your findings? Ariana Salvatore: So, Heather Berger and the rest of our U.S. econ[omics] team highlighted three groups in particular that are feeling more of the affordability crunch, so to speak. That's lower income consumers, younger consumers, and renters or recent home buyers. Lower income households have experienced persistently higher inflation and more recently weaker wage growth. Younger consumers were hit hardest when inflation peaked and are more exposed to higher borrowing costs. And lastly, renters and recent buyers are dealing with much higher shelter burdens that aren't fully captured in standard inflation metrics. Now, the reason I laid all that out is because these are also the cohorts where the president's approval ratings have seen the largest declines. Michael Zezas: Right. And so, it makes sense that those are the groups where the administration might be targeting some of these affordability initiatives. Ariana Salvatore: That's right. But that's not the only variable that they're solving for. Broadly speaking, we think that the president and Republicans in Congress really need to solve for four things when it comes to affordability policies. First, targeting these quote right cohorts, which are those, as we mentioned, that have either moved furthest away from the president politically, or have been the most under pressure. Second feasibility, right? So even if Republicans can agree on certain policies, getting them procedurally through Congress can still be a challenge. Third timing – just because the legislative calendar is so tight ahead of the November elections. And fourth speed of disbursement. So basically, how long it would take these policies to translate to an uplift for consumers ahead of the elections. Michael Zezas: So, thinking through each of these constraints, starting with how easy it might be to actually get some of these policies done, most of the policies that are being proposed on the housing side require congressional approval. In terms of these cohorts, it seems like these policies are most likely to focus on – that seems aimed at lower-income and younger voters. And in terms of timing, we know the legislative calendar is tight ahead of the midterms, and the policy makers want to pursue things that can be enacted quickly and show up for voters as soon as possible. Ariana Salvatore: So, using that lens, we think the most realistic near-term tools are probably mostly executive actions. Think agency directives and potential changes to tariff policy. If we do see a second reconciliation bill emerge, it will probably move more slowly but likely cover some of those housing related tax credit changes. But of course, not all these policies would move the needle in the same way. What do we think matters most from a macro perspective? Michael Zezas: So, what our economists have argued is that the affordability policies being discussed – tax credits subsidies, payment pauses – they could be meaningful at a micro level for targeted households, but for the most part, they don't materially change the macro outlook. The exception might be tariffs; that probably has the broadest and most sustained impact on affordability because it directly affects inflation. Lower tariffs would narrow inflation differentials across cohorts, support real income growth and make it easier for the Fed to cut rates. Ariana Salvatore: Right. And just to add a finer point on that, I think directionally speaking, this is where we've seen the administration moving in recent months. Remember, towards the end of last year, the Trump administration placed an exemption on a lot of agricultural imports. And just the other day, we heard news that the trade deal with India was finalized reducing the overall tariff rate to 18 percent from about 50 percent prior. Michael Zezas: Okay. So, putting it all together for what investors need to know. We see three key takeaways. First, even absent new policy, our economists expect some improvement in affordability this year as inflation decelerates and rate cuts come into view. And specifically, when we talk about improvements in affordability, what our economists are referring to is income growth consistently outpacing inflation, lowering required monthly payments. Second, most proposed affordability policies are unlikely to generate the meaningful macro growth impulse, so investors shouldn't overreact to headline announcements. And third, the cohort divergence matters for equities. Pressure on lower income in younger consumers helps explain why parts of consumer discretionary have lagged. While higher income exposed segments have remained more resilient. So, if inflation continues to cool, especially via tariff relief, that's what would broaden the consumer recovery and potentially create better returns for some of the sectors in the equity markets that have underperformed. Ariana Salvatore: Right, and from the policy side, I would say this probably isn't the last time we'll be talking about affordability. It's politically salient. The policy responses are likely targeted and incremental, and this should continue to remain a top focus for voters heading into November. Michael Zezas: Well, Ariana, thanks for taking the time to talk. Ariana Salvatore: Great speaking with you, Mike. Michael Zezas: And as a reminder, if you enjoy Thoughts on the Market, please take a moment to rate and review us wherever you listen. And share Thoughts on the Market with a friend or colleague today.

Everything is fine… weeks where everyone is definitely not fine. In Episode 802, we dig into the crypto panic, the blood-in-the-streets charts, and the uncomfortable question nobody wants to say out loud: Did the grown-ups finally show up to crypto… and ruin the party? We talk institutional adoption (ETFs, custody, control), how the “gatekeepers and suits” might be working the same old playbook, and why crypto feels weirdly toxic right now. Then we take a hard left into a truly bizarre rabbit hole: new Jeffrey Epstein-related emails, claims floating around about funding Bitcoin Core, and what the Brock Pierce connection might mean (or might not mean). We don’t pretend to have final answers—just the receipts we can point to, the debates happening publicly, and a healthy dose of skepticism. And because we can’t help ourselves, we also go off-road into AI, Elon, robots, peptides, and… yes… “you spit in a thing, you

Cem Karsan sits down with Ben Hunt, founder of Epsilon Theory, to explore how narratives shape markets, politics, and decision making itself. Drawing on decades of experience across academia, hedge funds, and applied AI, Ben explains why stories, not data, increasingly drive outcomes in modern markets. The conversation spans unstructured data, inference, common knowledge, and the mechanics of narrative momentum. Together, they examine consumer expectations, inflation silence, geopolitical signaling, and the slow shift away from US dominance. What emerges is a framework for understanding markets as reflexive systems, where perception often matters more than reality.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE-----Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.IT's TRUE ? – most CIO's read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.Learn more about the Trend Barometer here.Send your questions to info@toptradersunplugged.comAnd please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.Follow Cem on Twitter.Episode TimeStamps: 00:00 - Introduction to U Got Options and the trading floor setting02:18 - Ben Hunt's background and Epsilon Theory origins04:11 - Markets as the ultimate multiplayer game06:15 - Inference, unstructured data, and narrative analysis08:18 - Why sentiment and word counts miss the real signal11:16 - Mapping meaning and truthy stories15:00 - LLMs as operating systems, not oracles18:01 - Giving money back and when models stop working21:16 - Applying narrative tools beyond markets24:10 - Consumer weakness versus bullish expectations30:43 - Inflation, recession, and why markets do not care33:29 - Dormant stories and volatility discovery34:26 -

This week on The Global Fresh Series, we're coming to you from Fruit Logistica in Berlin, where the global fresh produce industry gathers to shape the future of trade, innovation, and market access.In this special episode, we share insights from the show floor and introduce a guest with years of hands-on experience doing business in the China fresh produce market. As China continues to play an outsized role in global pricing, demand, and premium fruit trends, understanding how to navigate this market has never been more critical.Our conversation explores what it really takes to succeed in China—from market access and consumer expectations to branding, logistics, and relationship-driven business culture—while connecting those lessons to the broader global themes emerging at Fruit Logistica.Whether you're a grower, exporter, importer, or marketer, this episode offers timely perspective on how global trade shows like Fruit Logistica intersect with one of the world's most influential fresh produce markets.

In this episode, Steve Kyles and Frank Garay break down why now is the time for loan officers and agents to lead with clarity—not fear. With rates at multi-year lows, improving inventory, and powerful buyer advantages in play, the opportunity to help clients take action has never been greater. What you'll hear: How to handle objections about waiting for rates or prices to drop The truth about why rates really fell in the past—and why it's not happening again Simple data points and slides you can use to lead agents and buyers with confidence Why clarity always beats emotion—and how to use facts to build trust A call to action to equip agents with the right message and get buyers moving Ready to lead your market with certainty? Go to FreedomPlanningCall.com to get access to the 6-slide deck and start helping your agents move their pipeline forward with data-backed clarity.