Podcasts about Market

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In this episode of Molecule to Market, you'll go inside the outsourcing space of the global drug development sector with Jim Gale, Founding Partner & Managing Director at Signet.   Your host, Raman Sehgal, discusses the pharmaceutical and biotechnology supply chain with Jim, covering: The origins of growth equity in private equity and how it led to the founding of Signet, a fund built on deep domain expertise. Why private equity is a growing asset category but still remains undervalued and under appreciated. How the nature of the companies Signet invests in has evolved over the last twenty five years, while the fundamental principles of building a strong business remain the same. How the “picks and shovels” strategy of investing in tools, services and infrastructure has consistently served them well. Jim's assessment criteria when evaluating new opportunities after seventy deals, including the key question… can we institutionalise an entrepreneur led business. How higher interest rates and economic uncertainty constrain biopharma and biotech, and how that impacts investment dollars flowing into pharma services, along with deal flow, valuation and structure. James “Jim” Gale is the Founding Partner and Managing Director of Signet Healthcare Partners, a New York based healthcare growth equity firm specialising in pharmaceutical services, specialty pharma and medical technology. With more than thirty five years of investing and finance experience, Jim has built a deep track record backing companies involved in formulation, development, manufacturing and commercialisation across the world.   At Signet, Jim has led investments across the pharma services value chain, including platforms in sterile fill finish, complex formulations, biologics development and specialty generics. His current and recent board roles include Ascendia Pharmaceutical Solutions, NorthX Biologics, RK Pharma, Bionpharma, Chr Olesen Synthesis, Pharma Nobis, Juno Pharmaceuticals and Lee's Pharmaceutical. He also serves as Chairman of Bionpharma and is a director of Knight Therapeutics.   Jim holds an MBA from the University of Chicago Booth School of Business.   Molecule to Market is also sponsored by Bora Pharmaceuticals and Charles River Laboratories, 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!

Don Roose discusses the economic and commodity markets in this web-only feature.

Mini podcast of radical history on this date from the Working Class History team.Our work is only possible because of support from you, our listeners on patreon. If you appreciate our work, please join us and access exclusive content and benefits at patreon.com/workingclasshistory.See all of our anniversaries each day, alongside sources and maps on the On This Day section of our Stories app: stories.workingclasshistory.com/date/todayBrowse all Stories by Date here on the Date index: https://stories.workingclasshistory.com/dateCheck out our Map of historical Stories: https://map.workingclasshistory.comCheck out books, posters, clothing and more in our online store, here: https://shop.workingclasshistory.comIf you enjoy this podcast, make sure to check out our flagship longform podcast, Working Class History

The Fed is going to need some more not-QE and fast. We've got the year-end surge in repo borrowing at its window that is already way more than expected. At the same time, front end Treasury bill yields tumble in what is looking more like collateral scarcity along the lines of repo fails. Plus, the rest of the yield curve spent the entire fourth quarter – doing nothing. Literally nothing - and that's huge. Eurodollar University's Money & Macro Analysis---------------------------------------------------------------------------------------------------------------------What if your gold could actually pay you every month… in MORE gold?That's exactly what Monetary Metals does. You still own your gold, fully insured in your name, but instead of sitting idle, it earns real yield paid in physical gold. No selling. No trading. Just more gold every month.Check it out here: https://monetary-metals.com/snider---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------EDU LIVE PRESIDENT'S DAY FEBRUARY 2026If you're a serious investor and want to capitalize on what the monetary system is signaling right now, plus deep discussions about what truly is the greatest threat we all face, join me, Hugh Hendry, George Gammon, Steve Van Metre, Brent Johnson, Mike Green at Eurodollar University's very first Live Event, President's Day Weekend February 2026. To reserve your spot just go here but you better hurry, there aren't many spots left:https://eurodollar-university.com/event-home-page---------------------------------------------------------------------------------https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

In this first episode of 2026, we sit down for a deep dive into one of the hottest concerns coming from clients and listeners lately: Is the U.S. stock market dangerously concentrated—and are we in an AI bubble? Ben, Dan, and Ben unpack the data, the history, and the psychology behind today's valuations, drawing lessons from past episodes of market euphoria such as Nortel in Canada, the dot-com boom, and Japan's 1989 peak. They explain why high market valuations—not concentration—pose the bigger challenge, how bubbles historically fuel real economic innovation while hurting investors, and why diversification continues to offer the only reliable protection against unknowable futures. Along the way, they revisit examples of how value stocks, small-cap value, and global diversification have fared across different market regimes.   Key Points From This Episode: (0:00:40) What RR is about: evidence-based insights, synthesis episodes, expert interviews, and long-form inquiry — not debates. (0:04:20) Why listeners value RR: transparency, friendly inquiry, returning to topics over time, and the hosts' dynamic. (0:09:25) Rising concern: clients asking whether U.S. market concentration and an AI bubble mean it's time to exit stocks. (0:11:10) Advisors echo similar worries: U.S. politics, all-time highs, and emotional decision-making. (0:14:20) Today's data point: Top seven U.S. stocks = 36% of S&P 500; 32% of the total U.S. market — highest on record. (0:16:10) Why people fear concentration: a decline in the Magnificent Seven could meaningfully drag down the index. (0:17:30) Canada's cautionary tale: Nortel once hit 36% of the TSX — collapsed to zero — but the market recovered by 2005. (0:21:20) Bubbles through history: canals, railways, fiber optics, dot-coms — innovation funded by speculation. (0:25:30) Dot-com parallels: huge ideas, low cost of capital, lots of failures — but lasting infrastructure remained. (0:28:40) AI dominance: Since ChatGPT, AI-linked companies drove 75% of S&P returns, 80% of earnings growth, 90% of capex. (0:31:15) Reminder: No bubble calls — just context. High prices don't equal an inevitable crash. (0:33:10) Concentration vs. valuation: concentration shows weak links to future returns; valuations matter far more. (0:35:05) Market timing trap: U.S. valuations were high in 2021 — selling then would have been disastrous. (0:36:40) The U.S. lost decade: 2000–2010 returns were flat; in CAD, recovery didn't happen until 2013. (0:38:55) Value stocks held up: U.S. value and small-cap value delivered positive returns while broad indexes stagnated. (0:41:00) Recency bias reminder: Canadians once avoided U.S. stocks entirely after a decade of underperformance. (0:44:05) Japan 1989: World's largest market crashes — still not recovered in real terms 36 years later. (0:47:10) Global diversification wins: A 40% Japan-weighted global portfolio still performed fine thanks to U.S. growth. (0:49:00) Cross-country data: Many markets are far more concentrated than the U.S. — still delivered solid returns. (0:52:30) Valuation evidence: Higher CAPE = lower future returns — economically strong pattern across countries. (0:55:40) Core lesson: Diversification + discipline. You will always hold winners and losers — that's the point. (0:57:55) Practical ways to lower concentration risk: global equity funds, small caps, and Canada's 10% cap rule. (1:00:30) Why active managers don't help: only ~30–47% outperform depending on concentration trend. (1:03:25) Final takeaway: high valuations may imply lower returns, but prediction is impossible — stay diversified. (1:05:15) After-show review: Addressing a one-star critique ("Fartcoin Designer") with humour and community context. Links From Today's Episode: Meet with PWL Capital: https://calendly.com/d/3vm-t2j-h3p Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582. Rational Reminder on Instagram — https://www.instagram.com/rationalreminder/ Rational Reminder on YouTube — https://www.youtube.com/channel/ Benjamin Felix — https://pwlcapital.com/our-team/ Benjamin on X — https://x.com/benjaminwfelix Benjamin on LinkedIn — https://www.linkedin.com/in/benjaminwfelix/ Cameron Passmore — https://pwlcapital.com/our-team/ Cameron on X — https://x.com/CameronPassmore Cameron on LinkedIn — https://www.linkedin.com/in/cameronpassmore/ Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com)

Watch the YouTube version of this episode HEREAre you a law firm owner looking to change how you run your business? In this episode of the Maximum Lawyer Podcast, Mathew Kerbis, a lawyer and founder of Subscription Attorney discusses how AI is transforming legal work and why the traditional billable hour model is becoming obsolete. Mathew talks about the framework for using AI effectively within the legal space. It is important to remember that AI tools, like ChatGPT, are not calculators. They have biases and are reinforced by the humans who designed them. They are also not perfect and should be used as an aid. For the legal space, AI should be used to give you all the information before giving you an answer.Mathew delves into the topic of the billable hour model and why firms should move to subscription based models. The billable hour includes doing a bunch of tasks for a client within a set time frame for a price. If a client only pays you for one hour, you are only working for that hour. But switching to a subscription based model with AI in mind means you can scale your business better. You can develop better relationships with clients because there is predictable revenue.Listen in to learn more!4:38 The Latent Legal Market Opportunity9:11 Framework for Using AI Effectively13:25 Retrieval Augmented Generation & Tool Selection16:07 AI in Legal Practice19:10 The End of the Billable Hour & Subscription BenefitsTune in to today's episode and checkout the full show notes here. Connect with Mathew:Website  Linkedin Youtube

What does effective leadership look like when premiums rise, options multiply, and employers feel the pressure? As premiums rise and the market grows more complex, effective leadership matters more than ever. In this episode, host Ben Markland is joined by Mark Lampen, owner of Health Insurance Specialist, for a practical conversation on staying relevant, balancing technology with relationships, and bringing real solutions to clients. Drawing on more than 30 years in the industry, Mark shares insights on GAP strategies, rising out-of-pocket costs, and why simplicity still delivers results. This episode offers clear takeaways for agents and leaders navigating change in today's insurance landscape.

In honor of the late Mike Pallin, this pre-recorded episode of the REDX Podcast revisits one of his most impactful conversations on expired listings, consistency, and accountability. Mike devoted his career to helping agents build ethical and sustainable businesses through disciplined prospecting and principled selling. His insights in this episode continue to serve as a powerful reminder of the standards, structure, and mindset required to succeed in real estate, today and for years to come.Here's what you will discover in this episode…How consistent expired listing prospecting can create predictable income, even in unfamiliar markets.Why accountability and structured calling sessions dramatically improve prospecting results.How improper pricing conversations cause listings to expire, and how professionals handle pricing the right way.JUMP TO THESE TOPICS

Welcome to the Black Dragon Biker TV New Year's Biker News Podcast! We're kicking off 2026 with the latest stories shaking up the MC world. I'm your host, bringing you straight talk on these headlines—no BS, just the facts.Two Charged After Stabbing Involving Pagan's Motorcycle Club Members (Tazewell, Tennessee)Late December 2025: A large group of Pagan's MC affiliates rolled into Catdaddy's Market in Tazewell. Things turned ugly fast—one guy stabbed in the chest, airlifted to UT Medical Center. Police chased fleeing bikers across county lines; one crashed hard.Arrests: Patrick "Troy" Warren (34, Cleveland, TN) and Christopher Hughes (45, Johnson City) charged with aggravated assault (Hughes also aggravated kidnapping/robbery). Both wore Pagan's colors.This incident sparked broader concerns about outlaw MC activity in East Tennessee—rare but raises eyebrows when it hits. Investigation ongoing with TBI and THP.2 & 6. Biker Brawl at Jolly Dolphin Leads to Lifetime Bans (Jeffreys Bay, South Africa)Boxing Day 2025 turned into a full-on fistfight at the Jolly Dolphin pub. Viral video shows rival bikers (rumored Crusaders vs. Macs) throwing punches, glasses flying, chaos on the floor.Police contained it—no criminal cases opened (no complaints filed). Venue management: "All involved permanently banned." Increased security, apology issued—urging holidaymakers to keep coming.Wild one overseas—reminder that booze + rivals can ignite anywhere.3. Claims of Bryant Police Captain's Possible Ties to Bandidos Led to Detective's Firing (Bryant, Arkansas)Former Detective Shanna Hastings sued the City of Bryant, Chief Carl Minden, and Mayor Chris Treat (December 2025). Claims retaliatory firing after raising concerns about Captain Nate Johnson's alleged Bandidos ties during a bar disturbance investigation.Hastings says she reported suspicions to prosecutor/superiors—terminated shortly after for "insubordination." Lawsuit alleges First Amendment/whistleblower violations.City hasn't responded yet. Highlights tensions when lines blur between LE and MCs.4. Thug Riders Motorcycle Club Member Pleads Guilty to RacketeeringOngoing federal RICO case against Thug Riders MC (Dayton, Ohio area). Latest: Brent Egleston ("B-Easy") pleaded guilty to attempted assault with dangerous weapon in aid of racketeering (December 2025).Part of broader indictment (murder, shootouts, arson). 10+ members already pled guilty; sentences 15-36 months so far. Club labeled violent outlaw gang.5. Outlaw Motorcycle Club Incident Sparks Concerns in East TennesseeTies directly to the Pagan's stabbing/chase in Tazewell. Local reports highlight renewed worries about outlaw MC presence/activity in the region—though experts say most clubs are lawful riding groups.7. Judge Rules Against Gang Expert Testimony in Iron Wings Motorcycle Club Assault Hearing (Erie, Pennsylvania)In the 2024 Saga Club assault case (16 Iron Wings charged with attacking Varangians MC rivals), judge barred prosecution's gang expert from testifying at preliminary hearing.Defense argued prejudicial/irrelevant; judge agreed. Weakens "organized gang" angle for now—hearing proceeds without expert.That's the rundown for early 2026—plenty of heat from Pagan's action to courtroom battles. What stands out to you? Call in or comment—let's discuss!Stay safe out there, brothers.Ride free in the new year. This is Black Dragon Biker TV—out.Become a supporter of this podcast: https://www.spreaker.com/podcast/the-dragon-s-lair-motorcycle-chaos--3267493/support.Sponsor the channel by signing up for our channel memberships. You can also support us by signing up for our podcast channel membership for $9.99 per month, where 100% of the membership price goes directly to us at https://www.spreaker.com/podcast/the-.... Follow us on:Instagram: BlackDragonBikerTV TikTok: BlackDragonBikertv Twitter: jbunchiiFacebook: BlackDragonBikerBuy Black Dragon Merchandise, Mugs, Hats, T-Shirts Books: https://blackdragonsgear.comDonate to our cause:Cashapp: $BikerPrezPayPal: jbunchii Zelle: jbunchii@aol.com Patreon: https://www.patreon.com/BlackDragonNPSubscribe to our new discord server https://discord.gg/dshaTSTSubscribe to our online news magazine www.bikerliberty.comGet 20% off Gothic biker rings by using my special discount code: blackdragon go to http://gthic.com?aff=147Join my News Letter to get the latest in MC protocol, biker club content, and my best picks for every day carry. https://johns-newsletter-43af29.beehi... Get my Audio Book Prospect's Bible an Audible: https://adbl.co/3OBsfl5Help us get to 30,000 subscribers on www.instagram.com/BlackDragonBikerTV on Instagram. Thank you!We at Black Dragon Biker TV are dedicated to bringing you the latest news, updates, and analysis from the world of bikers and motorcycle clubs. Our content is created for news reporting, commentary, and discussion purposes. Under Section 107 of the Copyright

SummaryIn this conversation, Jonathan Rosenfeld, an attorney and entrepreneur, discusses the evolving landscape of law and marketing, particularly the impact of AI on the legal profession. He emphasizes the importance of standing out in a competitive market, leveraging niche marketing strategies, and utilizing platforms like YouTube for growth. Rosenfeld shares insights on the significance of personal relationships in business, the need for responsiveness, and the necessity of adapting to changing marketing techniques. He concludes with advice for young entrepreneurs on networking and building a brand.TakeawaysAI can generate vast amounts of content, but verification is crucial.Building personal relationships is key in the legal field.Responsiveness to client needs differentiates successful firms.Marketing strategies must evolve with technology and consumer behavior.Niche marketing can enhance SEO and client engagement.YouTube is a powerful tool for establishing expertise and trust.Tracking lead generation is essential for business growth.Networking remains a vital component of business success.Adapting to market changes is necessary for survival.Building a brand should be a daily focus for entrepreneurs.Chapters00:00 Introduction to Jonathan Rosenfeld and His Journey04:43 The Role of AI in Law and Marketing07:36 Standing Out in a Competitive Legal Market10:38 Building Relationships in Legal Practice13:23 Adapting Marketing Strategies for the Future16:37 Niche Marketing in Personal Injury Law19:37 The Importance of Expertise and Client Trust27:53 Strategic Marketing Adjustments30:42 Exploring Offline Marketing Tactics34:05 Tracking Lead Generation Effectively34:42 Diversifying Income Streams for Growth37:59 Embracing New Technologies and Platforms45:58 Networking and Building Relationships49:39 Final Thoughts and Contact InformationCredits:Hosted by Ryan Roghaar and Michael SmithProduced by Ryan RoghaarTheme music: "Perfect Day" by OPM  The Eggs Podcast Spotify playlist:bit.ly/eggstunesThe Plugs:The Show: eggscast.com@eggshow on X and InstagramOn iTunes: itun.es/i6dX3pCOnStitcher: bit.ly/eggs_on_stitcherAlso available on Google Play Music!Mike "DJ Ontic": Shows and info: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠djontic.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@djontic on twitterRyan Roghaar:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠rogha.ar

Today on the Sew & So Podcast, we welcome Terrance Williams of Terrance Williams designs in Dallas, TX. Born in Pennsylvania, he attended the University of Delaware and graduated with a bachelor's degree in political science with a concentration in global studies and a triple minor in African Studies, Asian Studies and Women's Studies. Considering law school, Terrance decided to pursue his dream of being a fashion designer. He is a self-taught sewist who learned how to sew in 2010.He founded and now runs Terrance Williams Designs where he designs and sews ethically sourced and sustainably produced clothing and accessories. Everything is genderless and size inclusive. (1:25) A self-taught sewist, how did Terrance learn his trade and who was his inspiration?(3:25) What's the first thing Terrance made and how did it turn out?(5:00) Considering law school, Terrance decided to follow his dream and sew. What was behind this decision?(7:40) Terrance explains sustainably produced and ethically sourced means. (12:04) He explains how through his sewing career he is truly doing the work he wanted to pursue through practicing law.(12:46) You learn how you can follow the sustainable path…it's not a perfect road!(14:21) Terrance is a Minerva Ambassador. He explains what this means and walks through his process of designing fabric patterns. Learn about hos you can do your own designs on www.spoonflower.com  (17:09) What served as the inspirations for his fabric designs? Learn about the three different parts of his collection and the colors each features.(19:32) Terrance contributes 5% of his sales to Stripe Climate. He explains this group, what they do and why it's important to him.(21:46) Inclusivity is paramount in Terrance's designs. He explains what this means and how it manifests itself in his work.(24:05) When asked about his biggest challenge, Terrance shares his story of a life altering event that almost ended his life. And there was more loss in his family. Hear how he found the passion and drive to heal.(28:00) So, how's he doing?(28:13) How did he find the strength to persevere? Learn the sage advice his sister gave to him.(31:40) Brittnay Spears and The Dallas Farmers' Market…each brings him great joy. Learn why.(35:03) What's he working on now?(36:09) What's his dream?(37:50) How can you reach out to Terrance? All social media platforms and terrancewilliamsdesigns.com Be sure to subscribe to, review and rate this podcast on your favorite platform…and visit our website sewandsopodcast.com for more information about today's and all of our Guests.

Fluent Fiction - Hebrew: Finding Art and Flavor: A Holiday Connection in Tel Aviv's Market Find the full episode transcript, vocabulary words, and more:fluentfiction.com/he/episode/2026-01-01-23-34-02-he Story Transcript:He: השוק הפשפש בתל אביב מלא חיים.En: The Shuk HaPishpesh in Tel Aviv is full of life.He: ריח התבלינים והלחם הטרי ממלא את האוויר.En: The scent of spices and fresh bread fills the air.He: ריחות של שמן זית וזעתר מתערבבים עם קולות הסוחרים והקונים.En: Aromas of olive oil and za'atar blend with the sounds of merchants and shoppers.He: חג החנוכה הגיע, והאווירה חגיגית ומחממת בלב.En: The holiday of Hanukkah has arrived, and the atmosphere is festive and heartwarming.He: יונתן, אמן צעיר, מנסה למצוא השראה לפרויקט חדש שלו.En: Yonatan, a young artist, is trying to find inspiration for his new project.He: הוא מרגיש תקוע וחושש שלא יצליח להגיע למטרות שלו.En: He feels stuck and fears he won't achieve his goals.He: מצד שני, נטע, בלוגרית אוכל נועזת, מחפשת טעמים וסיפורים חדשים לבלוג שלה.En: On the other hand, Neta, a daring food blogger, is searching for new flavors and stories for her blog.He: היא חוששת לאבד את הפופולריות שלה ברשת.En: She fears losing her popularity online.He: שניהם מתהלכים בשוק בקצב מהיר, עיניהם סורקות בין הדוכנים.En: Both move through the market at a fast pace, their eyes scanning between the stalls.He: בדיוק כשהם מתקרבים לדוכן העמוס ברימונים אדומים ובקבוקי שמן נדירים, ידיהם נפגשות על אותו בקבוק שמן זית נדיר.En: Just as they approach a stall packed with red pomegranates and rare oil bottles, their hands meet on the same rare olive oil bottle.He: המפגש המפתיע מעלה חיוך על פניהם.En: The unexpected encounter brings a smile to their faces.He: "סליחה," אומר יונתן בחיוך מהוסס.En: "Sorry," says Yonatan with a hesitant smile.He: נטע מחייכת בחזרה, "אין בעיה, זה נראה כמו שמן מיוחד, נכון?"En: Neta smiles back, "No problem, it looks like a special oil, right?"He: הם מחליטים לשתף פעולה; השמן הזה כל כך נדיר, אולי תוכנית משותפת תעזור.En: They decide to collaborate; the oil is so rare that a joint project might help.He: יונתן חושב על צורות חדשות לציוריו, ונטע כבר מדמיינת את הכתבה הבאה.En: Yonatan thinks of new forms for his paintings, and Neta is already imagining her next article.He: "אפשר לשלב את האמנות שלך בסיפור שלי," מציעה נטע בהתלהבות.En: "We can integrate your art into my story," suggests Neta enthusiastically.He: ביחד, הם מסתובבים בשוק, אוספים רעיונות ותבלינים נוספים.En: Together, they wander through the market, collecting ideas and additional spices.He: השיחות ביניהם זורמות, ואט אט הם מגלים כמה הם משלימים זה את זו.En: The conversations between them flow, and gradually they discover how well they complement each other.He: יונתן מוצא את ההשראה שחיפש כל כך, ונטע זוכה לסיפור מרתק עם ייחודיות שלא ציפתה לה.En: Yonatan finds the inspiration he was searching for so desperately, and Neta gains a captivating story with uniqueness she hadn't expected.He: עם סיום היום, החיוכים שהם מחליפים אינם רק של עבודה מוצלחת.En: By the end of the day, the smiles they exchange are not just from a successful collaboration.He: הם מבינים שהיצירתיות המשותפת ביניהם הביאה משהו מיוחד, חיבור אישי שלא יכול היה לקרות לבד.En: They realize that the shared creativity between them brought something special, a personal connection that could not have happened alone.He: יונתן לומד שערך השיתוף הוא עצום, ונטע מבינה שהכנות והקשרים האישיים חשובים מהכול.En: Yonatan learns that the value of sharing is immense, and Neta understands that honesty and personal connections are most important of all.He: השוק הפשפש נהיה לא רק מקום של קניות, אלא מקום להתחבר וליצור יחד.En: The Shuk HaPishpesh becomes not just a place to shop, but a place to connect and create together. Vocabulary Words:merchant: סוחרshoppers: קוניםfestive: חגיגיתinspiration: השראהachieve: להגיעgoals: מטרותdaring: נועזתflavors: טעמיםpopularity: פופולריותpaces: קצבapproach: מתקרביםencounter: מפגשhesitant: מהוססcollaborate: לשתף פעולהintegrate: לשלבenthusiastically: בהתלהבותwander: מסתובביםcollecting: אוספיםcomplement: משלימיםdesperately: כל כךcaptivating: מרתקuniqueness: ייחודיותimmense: עצוםpersonal: אישייםconnection: חיבורcreate: ליצורexplores: סורקותjoint: משותפתproject: פרויקטimagine: מדמיינתBecome a supporter of this podcast: https://www.spreaker.com/podcast/fluent-fiction-hebrew--5818690/support.

Join Peter Tuchman, the 'Einstein of Wall Street,' as he delivers an in-depth analysis from the New York Stock Exchange on the eve of the final trading day of 2025. This episode of 'Trade like Einstein' covers significant market movements, discusses Federal Reserve meetings, economic data, and key events that shaped the market throughout the year. Peter also touches on the resilience of the market and the tradition of singing 'Wait Till the Sun Shines, Nelly' as a mark of hope and perseverance. Tune in for daily, weekly, and monthly market breakdowns that aim to put money in your pocket and provide clarity on financial news. 00:00 Welcome to Trade Like Einstein 00:49 Market Recap: The Big Breakdown 01:30 Federal Reserve Insights 02:51 Year in Review: Market Highlights 04:26 Closing Thoughts and Traditions 05:40 Looking Ahead: What's Next? All investing involves the risk of loss, including loss of principal. This podcast is for informational purposes only and does not constitute financial, investment, or legal advice. Always do your own research and consult a licensed financial advisor before making any financial decisions or investments.

In this episode of The Milk Road Show, we go straight to the source of institutional thinking. David Duong, Head of Institutional Research at Coinbase, breaks down Coinbase's 2026 Crypto Market Outlook, a deep, data-driven report that explains how real capital (not Twitter narratives) is positioning for what comes next.~~~~~

Property strategy matters more than ever in 2026.In this episode, we revisit the biggest property conversations of the past year - from first-home and investor case studies to buyer's agent insights, auction tactics, cash flow vs capital gains, interest rates, OCR cuts, and what actually drives confident property decisions heading in 2026Register now: Buying a home, investing, or want better control of your money? Join Michael Vincent and James Blair for a practical 2026 financial planning webinar.For more money tips follow us on:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The content in this podcast is the opinion of the hosts. It should not be treated as financial advice. It is important to take into consideration your own personal situation and goals before making any financial decisions.

ChatGPT for Small Business: Sell More, Market Smarter, Communicate Better is covered in this podcast, along with the following subjects:Increase Sales: Write stronger outreach and follow-up emails, prep for sales calls, and brainstorm simple upsell or bundle ideas.Optimize Marketing: Clarify your niche, draft website or brochure copy, and map out a two-week social media plan.Improve Communication: Polish client emails, tighten proposals, and turn rough notes into clear checklists and SOPs.***************************************Join Andrew Frazier and Dr. Dayn Kirksey for a dynamic livestream on "ChatGPT for Small Business: Sell More, Market Smarter, Communicate Better." Dr. Kirksey, a data scientist, AI expert, and founder of Kirksey Financial Health LLC, will share practical ways small business owners can use ChatGPT to generate leads, improve marketing content, and enhance customer communication.Dr. Dayn Kirksey is a data scientist, adjunct professor, and financial-literacy advocate who leverages AI, machine learning, and real-world experience to empower individuals and organizations. He has over 15 years of experience building data-driven solutions across national security, business, and equity-focused applications. As founder of Kirksey Financial Health LLC and a U.S. Army veteran who used the Post‑9/11 GI Bill to overcome financial hardship, he now helps young professionals build financial stability and long-term wealth. His mission is to turn data and financial stress into clarity, resilience, and sustainable growth.

These rental property deals are making us richer, even with high housing prices and interest rates. Everyone thinks it's impossible to find cash-flowing rental properties in today's housing market, but this is NOT the truth. We're going to show you three real rental property deals we're buying. All of these are being purchased in 2025—these are NOT cheap deals from 2020 with 3% - 4% interest rates. Each one will build major equity, cash flow, or both. Dave brought backup on this episode—the entire expert panel from the On the Market podcast—to share real deals they're doing right now. We've got three to go through—a $55,000 heavy rehab rental property that will also serve as Henry's own vacation home, a new build rental property at a super reasonable $214,000 price, and finally, a very creative (but somewhat costly) land-banking deal in Seattle, Washington. Each of these deals ranges in expertise needed. Some of the heavier rehab projects may require a few years of renovation experience, while Kathy's new build deal is a profitable rental ANYONE can buy right now. Regardless of your experience, you can copy these strategies and get richer with these rentals!  In This Episode We Cover Three profitable real estate deals you can do RIGHT NOW How to buy a brand new rental property, with a low interest rate, for just around $200,000 How Henry is turning a $55,000 disaster house into a $265,000 top-tier rental  James's super creative way to make $300,000 on land in high-demand areas  The best investment if you've got a busy job, a family to take care of, or just a hectic schedule  And So Much More! Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/real-estate-1220 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠advertise@biggerpockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Learn more about your ad choices. Visit megaphone.fm/adchoices

Original Release Date: November 25, 2025Our Chief U.S. Economist Michael Gapen breaks down how growth, inflation and the AI revolution could play out in 2026.Read more insights from Morgan Stanley.----- Transcript -----Michael Gapen: Welcome to Thoughts on the Market. I'm Michael Gapen, Morgan Stanley's Chief U.S. Economist.Today I'll review our 2026 U.S. Economic Outlook and what it means for growth, inflation, jobs and the Fed.It's Tuesday, November 25th, at 10am in New York.If 2025 was the year of fast and furious policy changes, then 2026 is when the dust settles.Last year, we predicted slow growth and sticky inflation, mainly because of strict trade and immigration policies – and this proved accurate. But this year, the story is changing. We see the U.S. economy finally moving past the high-uncertainty phase. Looking ahead, we see a return to modest growth of 1.8 percent in 2026 and 2 percent in 2027. Inflation should cool but it likely won't hit the Fed's 2 percent target. By the end of 2026, we see headline PCE inflation at 2.5 percent, core inflation at 2.6 percent, and both stay above the 2 percent target through 2027. In other words, the inflation fight isn't over, but the worst is behind us.So, if 2025 was slow growth and sticky inflation, then 2026 and [20]27 could be described as moderate growth and disinflation. The impact of trade and immigration policies should fade, and the economic climate should improve. Now, there are still some risks. Tariffs could push prices higher for consumers in the near term; or if firms cannot pass through tariffs, we worry about additional layoffs. But looking ahead to the second half of 2026 and beyond, we think those risks shift to the upside, with a better chance of positive surprises for growth.After all, AI-related business spending remains robust and upper income consumers are faring well. There is reason for optimism. That said, we think the most likely path for the economy is the return to modest growth. U.S. consumers start to rebound, but slowly. Tariffs will keep prices firm in the first half of 2026, squeezing purchasing power for low- and middle-income households. These households consume mainly through labor market income, and until inflation starts to retreat, purchasing power should be constrained.Real consumption should rise 1.6 percent in 2026 and 1.8 [percent] in 2027 – better, but not booming. The main culprit is a labor market that's still in ‘low-hire, low-fire' mode driven by immigration controls and tariff effects that keep hiring soft. We see unemployment peaking at 4.7 percent in the second quarter of 2026, then easing to 4.5 percent by year-end. Jobs are out there, but the labor market isn't roaring. It'll be hard for hiring to pick up until after tariffs have been absorbed.And when jobs cool, the Fed steps in. The Fed is cutting rates – but at a cost. After two 25 basis point rate cuts in September and October, we expect 75 basis points more by mid 2026, bringing the target range to 3.0-3.25 percent. Why? To insure against labor market weakness. But that insurance comes with a price: inflation staying above target longer. Think of it as the Fed walking a tightrope—lean too far toward jobs, and inflation lingers; lean too far toward inflation, and growth stumbles. For now the Fed has chosen the former.And how does AI fit into the macro picture? It's definitely a major growth driver. Spending on AI-related hardware, software, and data centers adds about 0.4 percent to growth in both 2026 and 2027. That's roughly 20 percent of total growth. But here's the twist: imports dilute the impact. After accounting for imported tech, AI's net contribution falls sharply. Still, we expect AI to boost productivity by 25-35 basis points by 2027, over our forecast horizon, marking the start of a new innovation cycle. In short: AI is planting the seeds now for bigger gains later.Of course, there are risks to our outlook. And let me flag three important ones. First, demand upside – meaning fiscal stimulus and business optimism push growth higher; under this scenario inflation stays hot, and the Fed pauses cuts. If the economy really picks up, then the Fed may need to take back the risk management cuts it's putting in now. That would be a shock to markets. Second, there's a productivity upside – in which case AI delivers bigger productivity gains, disinflation resumes, and rates drift lower. And lastly, a potential mild recession where tariffs and tight policy bite harder, GDP turns negative in early 2026, and the Fed slashes rates to near 1 percent. So in summary: 2026 looks to be a transition year with less drama but more nuance, as growth returns and inflation cools, while AI keeps rewriting the playbook.Thanks for listening. If you enjoy the show, please leave us a review wherever you listen and share Thoughts on the Market with a friend or colleague today.

12.31.25, Eric Edholm from the NFL joins Denton Day to discuss the release of Trevon Diggs and the legal trouble of his brother Stefon Diggs along with giving his analysis on teams in the playoff picture going into week 18 of the NFL season.

The final Global Fresh Series episode of 2025 is all about celebration. We're highlighting the people, ideas, and breakthroughs that shaped the year across the global fresh produce industry. From farm fields to global markets, this episode captures the energy, resilience, and innovation that defined 2025—and sets the stage for an exciting year ahead. Join us as we close the season with gratitude, insight, and a fresh outlook for 2026.Peak of the Market: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://peakofthemarket.com/⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Premium Zag Technological Services, Inc.: https://www.zagtech.com/Global Women Fresh: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://globalwomenfresh.com

On today's episode, we're joined by Reverb.com's Cyril Nigg for our annual gear market trends breakdown. Thanks to Reverb for sponsoring today's episode! Don't forget to like, comment, and subscribe for more content like this.  Guitar.com article: https://guitar.com/features/opinion-analysis/scalpers-are-ruining-the-fun-for-real-guitarists/ Check out our website & merch: https://www.dippedintone.com Support us on Patreon: https://www.patreon.com/dippedintone Follow us on Instagram: https://instagram.com/dippedintone Dipped In Tone is: Rhett Shull  https://www.rhettshull.com Zach Broyles / Mythos Pedals  https://mythospedals.com & https://highvoltageguitars.com Produced & Edited by Addison! https://www.instagram.com/addisonsauvan TIME STAMPS 00:00 Intro 01:21 HUGE thanks to today's Sponsor - reverb.com 02:45 Life updates 05:49 Hot Take 13:44 Cyril's role at Reverb 14:55 Main Topic 18:45 Best selling pedals of 2025 24:09 Best selling pedals: New Releases 30:48 Best selling brands 33:32 Best selling modulation pedals 35:38 Guitars! 38:58 Best selling new release (guitars) 41:33 Scalpers gonna scalp 48:45 The most popular guitar models of 2025 54:22 Best selling amps + modelers 58:24 Are modelers or amps selling better on Reverb? 01:06:22 Most watched gear on reverb.com 01:10:48 This year's takeaways 01:12:28 Reverb Price Index - Guitars 01:16:16 Guitar Price Index broken down by brands 01:18:23 The state of the pedal market  01:20:55 Pedal Price Index by category 01:24:32 Rig Dip

Join us for our 2025 recap on These Are Good Days as we celebrate an incredible year! We're counting down our top 5 most-listened-to episodes and sharing the moments that defined our year. We also open up our camera rolls to relive our favorite unfiltered highlights and memories from the last twelve months. Come reminisce with us as we look back on the moments that made 2025 unforgettable!THE SHOW NOTES!Thanks for being a part of our podcast community! You can follow Lee Ann and Matt on Instagram to keep up with happenings in between episodes. Click the link in their name to follow!If you've been around the podcast for any length of time, and you're in our podcast community, we would love for you to join us on our Patreon. Patreon is where you go to support us, get more TAGD content, download exclusive episodes and recipes, and get behind the scenes looks at what's going on with Lee Ann and Matt. Thanks for joining us!If you know anything about us at all, you know a good cup of coffee is important to us - especially “frothy coffee.” Click here to grab some of our These Are Good Days blend coffee - we created this blend and couldn't love it more!Also, we have merch! Grab a tshirt, hoodie, baseball cap, or other swag to show your love for the podcast, or just remind yourself that These Are Good Days! No doubt, we all need a reminder to embrace the joy in the moment, no matter what's going on around us. Check out our storefront here!Thank you to our sponsor Walnut Creek Foods and Walnut Creek Cheese and Market. Walnut Creek Foods creates products that are carried in stores all over the United States. Click here to see where you can locate a store near you that carry their incredible products. If getting packages on your doorstep is more your speed, click here to see all the Walnut Creek Cheese and Market products that can be shipped right to your door!

Danny McCabe, Co-founder and CEO of Flexa, joined me to discuss how the firm is helping crypto become accepted as a form of payment at every point of sale.Topics: - Flexa's crypto payment solutions - Crypto payment trends - retail and institutions - Rise of stablecoins in payments versus BTC and other crypto assets- Future of crypto payments Brought to you by ✅ VeChain is a versatile enterprise-grade L1 smart contract platform https://www.vechain.org/

Andrew, Ben, and Tom discuss what surprised them in 2025 and what many people aren't thinking about for 2026.  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

Tbh, this episode should be called Ann and Leslie, but we get it :( What a beautiful send off for our Ann and Chris - the parties, the groundbreaking, the headlocks, all of it! Thank you writers, Aisha Muharrar and Mike Schur and director, Dean Holland, for making this such a magical moment for the fans to say farewell and see you soon.

Latasha James is a marketer, content creator, and coach. She's ditched the corporate grind to do meaningful work as a business owner. Today, she's lucky to help other talented humans do the same.Latasha teaches others to build freelancing businesses of their own through self-paced online courses, one-on-one and group coaching, my podcast, and weekly YouTube videos.She's passionate about creating content, helping others grow, and doing meaningful work. Sound like she might be a fit? Let's chat! ______________________________________________________________________ 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 Excess Returns, Jack Forehand and Matt Zeigler dig into forecast season by reviewing and synthesizing insights from 22 major Wall Street and institutional market outlooks. Rather than treating year-end forecasts as precise predictions, the conversation uses them as a framework for understanding consensus views, hidden assumptions, and where the real risks and surprises for 2026 may lie. The discussion spans macroeconomic conditions, AI-driven growth, earnings expectations, valuation risks, and the growing divergence beneath headline market performance, helping investors think more clearly about the range of outcomes ahead.Main topics covered• Why year-end market forecasts are still useful despite being consistently wrong on exact targets• What consensus forecasts reveal about expectations for economic growth in 2026• The role of artificial intelligence in driving earnings, productivity, and capital spending• Reacceleration versus late-cycle slowdown and how forecasters are split on the outlook• Inflation expectations, interest rates, and the likelihood of fewer Fed cuts than expected• Fiscal policy, deficits, and the growing role of government stimulus• Energy constraints, data centers, and the physical limits of the AI buildout• Profit margin expansion versus revenue growth and why this matters for valuations• S&P 500 price targets, earnings assumptions, and where optimism and caution diverge• The dominance of the Magnificent Seven and the debate over market and earnings broadening• Risks beneath the surface, including margin compression, valuation resets, and sector rotation• What investors can learn by comparing the most bullish and most bearish forecastsTimestamps00:00 Forecast season and why reading outlooks still matters03:00 Why precise market targets are misleading but informative05:30 Using consensus forecasts to identify risks and surprises08:30 AI, economic reacceleration, and productivity expectations13:00 Recession risks, stagflation fears, and late-cycle dynamics17:00 Inflation outlook and why it may reemerge later in the year22:00 Fed policy, rate cuts, and rising internal dissent26:00 Fiscal stimulus, deficits, and long-term consequences28:00 AI infrastructure, energy constraints, and data centers35:00 AI diffusion and real-world productivity gains39:00 S&P 500 targets, earnings growth, and valuation assumptions43:00 Profit margins, mean reversion, and long-term risks47:00 Magnificent Seven earnings versus the rest of the market52:00 Market broadening, international stocks, and diversification56:00 Key takeaways for investors heading into 2026

In this episode of Stuff About Money They Didn't Teach You in School, Erik Garcia is joined by Miles Clark, Senior Analyst at Nasdaq Dorsey Wright, to explore a simple but important question: what's better—time in the market or timing the market? The conversation opens with a long-term look at how markets have behaved over multi-decade periods and what that data can teach investors when they're deciding what to do with new money, especially when markets are sitting at or near all-time highs. From there, Erik and Miles walk through three common investor approaches: investing a lump sum right away, waiting for a pullback, or easing in over time. They discuss which experiences tend to lead to better long-term outcomes and why those results often surprise people. The conversation also touches on momentum, relative strength, and market breadth, including what it means when market leadership becomes narrow and valuations stretch. The episode wraps up with Miles' thoughts on what matters most heading into 2026, what investors tend to worry about too much, and what deserves more attention moving forward. If you found this episode helpful, follow the show and share it with someone who's still waiting for the “right” time to invest. Episode Highlights: Miles discusses a study showing "Average Joe," who invests $500 monthly regardless of market conditions, outperforms market timers by about $1 million. (07:25) Miles breaks down market breadth through a football analogy: it tells investors whether the market is on offense or defense. (13:20) Miles mentions that in core-dominated markets, the real risk isn't beating the benchmark but simply keeping up with it. (18:55) Miles discusses how Dorsey Wright applies relative strength to identify which assets to hold, focusing on sustained trends rather than short-term news. (22:45) Miles explains how momentum investing rotated out of tech in 2022 into energy and utilities, then back into tech for 2023-2024. (29:30) Erik emphasizes that risk capacity matters more than risk tolerance, which is often driven by emotions about current market conditions. (36:25) Key Quotes: "We don't necessarily have to focus on protecting against the entire market washout. We really just need to protect ourselves against where we're over-concentrated in our portfolios." - Miles Clark "In core-dominated markets, a lot of the risk is actually just not keeping up with the benchmark because it is so strong." - Miles Clark "Finding and earning positive relative strength is just trying to pick those assets that are doing relatively better towards the up or downside than their benchmark." - Miles Clark Resources Mentioned: Miles Clark Nasdaq Dorsey Wright Erik Garcia, CFP®, BFA Xavier Angel, CFP®, ChFC, CLTC Plan Wisely Wealth Advisors

Ryan Detrick, Chief Market Strategist at Carson Group, flies solo for this new episode of Facts vs Feelings, joined by longtime chart-watchers Chris Kimble, former CEO of Kimble Charting Solutions, and Scott Brown, Founder of Brown Technical Insights, for a wide-ranging conversation on what the market is signaling as 2025 comes to a close.They dig into market breadth, sector leadership, financials, commodities, and metals that have gone nowhere for over a decade, along with gold's role, sentiment disconnects, and why certain “boring” areas may be setting up for something much bigger. The discussion blends technical analysis, long-term market history, portfolio construction, and the psychological side of investing, offering context for what could matter most heading into 2026.Chris and Scott are not affiliated with CWM, LLC. Opinions expressed by these individuals may not be representative of CWM, LLC.Jump to:0:00 — Opening and guest introductions1:41 — Market surprises and leadership shifts6:05 — Financials, tech, and market breadth12:10 — Gold, metals, and long-term breakouts18:40 — Sentiment, seasonality, and market signals26:10 — China, Fibonacci levels, and global setup34:20 — Research, portfolio construction, and the 2026 outlookConnect with Ryan:• LinkedIn: https://www.linkedin.com/in/ryandetrick/• X: https://x.com/RyanDetrickConnect with Scott:• LinkedIn: https://www.linkedin.com/in/scott-brown-cmt-22b62891/• X: https://x.com/scottcharts?lang=enConnect with Chris:• LinkedIn: https://www.linkedin.com/in/chris-kimble-708b4681/• X: https://x.com/KimbleChartingQuestions about the show? We'd love to hear from you! factsvsfeelings@carsongroup.com

When you get into a tight place and everything goes against you… never give up then, for that is just the place and time that the tide will turn. — Harriet Beecher Stowe Yesterday's Trade Execution Summary Grid: Receive TODAY's Trade Execution Summary Grid, our Complete Analysis & Predictions of Stocks, Bonds, Gold & Bitcoin by becoming a Patreon Member at any of our three levels of support: https://bit.ly/CWPatreonSupport Sign up at Trading View access my platform and charts: https://www.tradingview.com/?aff_id=136493 How to Set Up Our Three Time Frame Chart on TradingView: https://youtu.be/wLwTnrtAOTA I have opened my page to sharing. Find me on TradingView at Thom Goolsby. Here at Charting Wealth, we focus on the reality of price movement by following trends. We teach you a simple and effective method to read stock, ETF and crypto charts, keep your emotions in check and learn when to buy and when to sell. Charting is your road map to the market and the riches it can offer. Forget the hype you see and hear in the financial news media. They are selling products in print ads and commercials. Focus on what is real, no matter how hard it can be to believe! Otherwise, you become a sucker or worse, a slave, to the delusion someone else wants you to believe. Use the lessons we teach every day to accurately chart any stock, commodity, ETF and cryptocurrencies. We give you daily, real life lessons with the five ETFs we track: S&P 500, NASDAQ 100, 20-Year Treasury Bonds, Gold and Bitcoin. We have all the tools you need to learn how to trade. For subscribers, we have a GREAT TRAINING to SUPERCHARGE your practice trading: "Stop Analysis-Paralysis: Limit Your Indicators." If you are not a subscriber, become one! Subscribe for FREE to our daily market reviews & training at http://www.ChartingWealth.com We urge you to "Follow the charts, NOT the noise!" and want to help you follow the market and improve your knowledge of stock and ETF movements. Support our work at PATREON and receive GREAT benefits (training, gifts, etc...): https://www.patreon.com/user?u=14138154 Receive our STOCK ALERTS via TEXT when WEEKLY VERTICAL CROSSOVERS occur. Very valuable information! Less than 8 texts a month. Text "chartingwealth" to 33222 on your cell phone. At ChartingWealth.com, http://chartingwealth.com every day the market is open, we chart the S&P 500, NASDAQ 100, Gold & Bonds. In just a few short minutes, we give you a valuable training update and quickly review the trends we see taking place in the market. At the end of every week, we give you an overview of what happened over the last five days and what's on the calendar for the next trading week. DISCLAIMER: We offer NO advice and make NO claims to expertise of any kind. This site is dedicated to knowledge and education through our stock chart training, reviews and other information -- nothing more.

In this episode, Tony Greer joins the show to break down why the metals trade still feels early, whether oil finally catches a bid in 2026, why AI could be in its last innings, and what Bitcoin's frustrating price action is quietly telling traders. We also unpack how to think about managing risk and Tony's advice for 2026. Enjoy! __ Follow Tony: https://x.com/TgMacro Follow Felix: https://x.com/fejau_inc Follow Forward Guidance: https://twitter.com/ForwardGuidance Follow Blockworks: https://twitter.com/Blockworks_ Forward Guidance Telegram: https://t.me/+CAoZQpC-i6BjYTEx TG Macro Conference: https://tgmacro.com/conference/ __ Grayscale offers more than 30 different crypto investment products. Explore the full suite at grayscale.com. Invest in your share of the future. Investing involves risk and possible loss of principal. https://www.grayscale.com/?utm_source=blockworks&utm_medium=paid-other&utm_campaign=brand&utm_id=&utm_term=&utm_content=audio-forwardguidance — Timestamps: (00:00) Introduction (02:11) TG MACRO Conference (04:38) 2025 Recap & 2026 Expectations (08:34) The Precious Metals Trade (14:29) Grayscale Ad (15:06) Where Does Oil Go In 2026? (17:08) Biggest 2026 Trading Themes (21:49) Metals & The Debasement Trade (23:02) Late Innings Of The AI Trade (24:46) Grayscale Ad (25:35) We're Still In A Bull Market (30:11) Bitcoin's Disappointment (33:06) Trading Bubbles (34:05) Advice For 2026 (36:01) Final Thoughts __ Disclaimer: Nothing said on Forward Guidance 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 opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed. #Macro #Investing #Markets #ForwardGuidance

Send us a textReal estate success isn't built on trends or predictions—it's built on judgment, discipline, and relationships that compound over time. In this episode of Real EstateAF (And Finance), we sit down with Kimberly Howell, San Antonio native, veteran real estate broker, relocation expert, and long-time industry leader, to break down what 40+ years in real estate reveals about the next market cycle.Kimberly shares her journey from construction sites and research environments to founding and scaling her own brokerage—and why, after more than two decades of independence, she chose to return to Keller Williams Legacy as an owner. The lesson is clear: relationships outperform rates, and trust—earned through consistency and transparency—outlasts every market headline.We dive into hard-earned lessons from the 2008 housing crash, including a holiday-weekend closing that never funded after a lender vanished. It's a reminder that deals aren't done until the wire clears—and that fear-driven media narratives often lack the context professionals must provide. Kimberly also unpacks the growing complexity of estate sales, family dynamics, and the quiet counseling work experienced agents do behind the scenes while navigating grief, conflict, and financial stress.Instead of generic market commentary, this conversation focuses on precision education: addressing the exact fear a buyer or seller brings—interest rates, appraisals, job security, timelines—rather than reacting to noise. We also explore high-stakes corporate and professional sports relocations, and what true white-glove service looks like when privacy, speed, and trust are non-negotiable.Looking ahead to 2025–2026, Kimberly outlines a practical roadmap for agents and consumers alike: return to fundamentals, use technology as leverage (not a hiding place), prioritize conversations over content, set realistic showing windows, price honestly, and communicate clearly about condition and expectations. On timing, the guidance is grounded—buy the right home when it fits, improve the rate later if possible, but never force a bad decision to chase a market headline.For long-term wealth, the conclusion is firm: real estate remains one of the most accessible and durable wealth-building tools available—when approached with patience, education, and integrity.If you value substance over sizzle and want real insight into real estate market cycles, hit play.Subscribe for more real conversations about real estate, finance, and the decisions that shape long-term success.00:00 – Why “Getting Better Every Day” Still Wins in Real Estate02:15 – Kimberly Howell's Path into Real Estate (Before the Internet Era)06:40 – Building a Brokerage & Choosing Independence11:10 – Why Kimberly Returned to Keller Williams Legacy15:20 – The 2008 Crash: Lessons You Only Learn the Hard Way20:05 – When Closings Don't Fund (And What Agents Miss)Support the showKey Factors Podcast is Powered by LoanBot.com Host: Mark Jones | Sr. Loan Officer | NMLS# 513437 If you would like to work with Mark on your next home purchase or as a partner visit iThink Mortgage.

David Wagner disagrees that the market was overconcentrated in 2025, pointing to international equities. He thinks the U.S. will outperform the rest of the world next year. His theme for next year is based on American Psycho: “we want to be psycho” about U.S. stocks, he says, adding that it's “hard to bet against” the Mag 7. However, he would “barbell that” with small caps.======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

Glenwood Sunday Market in Chicago, August 31, 2025. Recorded by Rich Izzo

The world's changing faster than ever, isn't it?   Technology, AI, shifting markets, changing values – sometimes it feels like we can't keep up.   But in a world that never stops changing… there are still some things that never change.   And when it comes to building wealth through property, understanding what doesn't change might be even more important than trying to predict what will.   In today's episode, I explore what really stands the test of time — the principles, habits, and fundamentals that never go out of fashion, even when everything else does.   Hopefully, by the end of today's show, you'll come out with some ideas about how to get some more certainty in these uncertain times.   Takeaways  ·         Strategic property investors think in 10-year timeframes. ·         Optimism leads to better outcomes in life and business. ·         Understanding market cycles is crucial for investors. ·         Timeless principles of property investment remain unchanged. ·         Human behavior drives market trends, influenced by emotions. ·         Quality assets in desirable locations outperform others. ·         Scarcity and limited supply are key fundamentals. ·         Patience and long-term planning are essential for wealth building. ·         Strategies over shortcuts are vital for successful investing. ·         Having experienced advisors can guide better investment decisions.   Chapters    00:00  Why timeless principles matter more than predictions. 01:42  Long-term thinking beats short-term noise in investing. 04:20  Optimism and mindset shape financial outcomes. 07:10  Major disruptions appear each decade—yet life moves on. 09:40  Bad news is rarely as bad as headlines suggest. 11:20  Market cycles pass, but long-term growth persists. 13:10  Human behaviour drives markets more than data. 14:40  Property fundamentals—location, scarcity, quality—never change. 16:00  Strategy, patience and discipline outperform shortcuts.   Links and Resources:   Answer this week's trivia question here - https://www.propertytrivia.com.au/ ·         Win a hard copy of How to grow a multi-million dollar property in your spare time. ·         Everyone wins a copy of a fully updated property report – What's ahead for property for 2026 and beyond.     Michael Yardney   Get the team at Metropole to create a Strategic Wealth plan for your needs. Click here and have a chat with us.     Join us at Australia's Premier Wealth Retreat for Elite Business Investors and Business People on the Gold Coast on May 30th. Find out all about Wealth Retreat here. https://wealthretreat.com.au/   Get a bundle of eBooks and Reports at: www.PodcastBonus.com.au   Also, please subscribe to my other podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future. Or click here: https://demographicsdecoded.com.au/

The end of the year has come.  As is the case every year, 2025 was filled with some ups and downs.  For the Camerosity Podcast, we reached the 100 episode milestone, saw a huge influx of Miranda cameras re-enter the used camera market, and a whole lotta pictures of manatees. For Episode 102, the gang got together with some holiday themed alcoholic beverages and discussed what last minute bouts of GAS we had, and other bits of nonsense we were up to.  Joining Anthony, Paul, Stephen and Mike were returning callers A.J. Gentile, Leon Blankenhorn, Pat Casey, Will Pinkham, William Ponder, and first time callers Joao Gomes and Ron Gee. In this episode we start right off with recent pickups, Paul is enamored with his Hasselblad digital back which he has almost permanently mounted to his 907x, calling it the best digital camera he's ever shot.  A recent pickup of a Hassy 65mm f/2.8 lens further cemented it for him.  Pat Casey talks about his love for 3x4 Graflexes and first time caller Ron Gee is excited for his new Aero Liberator camera he ordered from John Minnicks. We discuss the shift of German cameras being made in countries other than Germany, why West German companies made so many leaf shutters and seemed to be reluctant to adopt focal plane shutters, and Mike (poorly) attempts to explain the confusing history of the Voigtländer Bessaflex, Zeiss-Ikon Icarex and SL706, Voigtländer VSL series and Rollei SL35 series SLRs. Mike shares his two most recent pickups, the first is the brand new and recently released LOMO MC-A which is an impressive premium point and shoot camera and he feels is the best example we've seen so far of what a brand new premium 35mm camera should be.  His other pickup is a rather ordinary Vivitar XC-3 with the unordinary XC-A accessory which kinda sorta adds Aperture Priority Automatic Exposure to a camera which wasn't built with it. Anthony talks about a $25 Nikonos III he recently picked up and used to take some of the best photos he's ever taken of manatees in the spring by his house.  He also shares with us his oddest camera, the Kirka Electronik Auto Hobby Emergency Car Camera Kit. And right before we were about to sign off, Ron Gee drops not one but two of the largest 6x17 and 6x24 3D printed cameras any of us have seen.  With names like Sasquatch and Kracken, these large beasts are not to be taken lightly! As always, the topics we discuss on the Camerosity Podcast are influenced by you!  Please don't feel like you have to be an expert on a specific type of camera, or have the level of knowledge on par with other people on the show.  We LOVE people who are into shooting or collecting cameras, no matter how long you've been doing it, so please don't consider your knowledge level to be a prerequisite for joining! The guys and I rarely know where each episode is going to go until it happens, so if you'd like to join us on a future episode, be sure to look out for our show announcements on our Camerosity Podcast Facebook page, the Camerosity Discord server, and right here on mikeeckman.com. We usually record every other Monday and announcements, along with the Zoom link are typically shared 2-3 days in advance. We don't yet have a topic for our first episode of the new year, but whatever it is, Episode 103 will be recorded on Monday, January 12th, 2026 at 7pm Central Standard Time and 8pm Eastern Standard Time.  Make sure you set your calendars and look out for the show announcement at the usual locations and be prepared to join us! In This Episode Pork Tenderloin Sandwiches / Ron and Joao are Both First Time Callers Long Time Paul Customers Zeiss-Ikon Contax S / Everyone Needs a Praktica Different Types of GAS / Hasselblad 907 w/ Digital Back Pat Casey's 3x4 Graflex Infatuation / Ron Gee is Getting an Aero Liberator from John Minnicks Kodak Aero Ektar Lenses / Gowlandflex TLR Ifbaflex M102 / Voigtländer VSL1 / Zeiss-Ikon SL706 The Shift of German Cameras Being Made in Countries Other than Germany Why Did Zeiss-Ikon and Other West German Camera Makers Make So Many Cameras with Leaf Shutters? The Technical Limitations of Leaf Shutter SLRs Compared to Focal Plane Shutter SLRs Kirka Electronik Auto Hobby Emergency Car Camera Kit Anthony's $25 Nikonos III Find / Anthony Rue: Manatee Belly Scratcher Sea & Sea Cameras Lenses and Housings / Canon Aqua Snappy / Stay Away from the Nikonos IV Olympus G.Zuiko 42mm f/1.2 C-Mount Lens Check out the Camerosity Discord Server, It Is Way Better than Facebook Olympus Accura View 90 Point and Shoot Mike's Thoughts on the LOMO MC-A Premium Point and Shoot Comparing the LOMO to other New Premium Film Cameras like the Rollei 35 AF and Pentax 17 The Camerosity Podcast Still Likes the Chuzhao Three Months In Vivitar XC-3 w/ XC-A AE Module / Will Picks Up a Zorki 4 What Kind of Camera Would You Like to See Come to Market? Epson RD-1 / Zeiss-Ikon ZM Rangefinders We Need to Do a Lomography Show / LOMO Spinner William Asks for an Update on the Zeiss-Ikon Contaflex TLR Review Sasquatch 617 3D Printed Camera / Kracken 624 3D Printed Camera Links The Camerosity Podcast is now on Discord! Join Anthony, Paul, Theo, Stephen, and Mike on our very own Discord Server. Share your GAS and photography with other listeners in the Lounge or in our dedicated forums. If you have questions for myself or the other guys, we have an “Ask the Hosts” section as well where you can get your question answered on a future show! Check it out! https://discord.gg/PZVN2VBJvm. If you would like to offer feedback or contact us with questions or ideas for future episodes, please contact us in the Comments Section below, our Camerosity Facebook Group, Instagram page, or Discord server. Order Your Very Own Camerosity Podcast T-Shirt! - https://www.zazzle.com/z/tbykl0hg The Official Camerosity Facebook Group - https://www.facebook.com/groups/camerositypodcast Camerosity Instagram - https://www.instagram.com/camerosity_podcast/ Theo Panagopoulos - https://www.photothinking.com/ Paul Rybolt - https://www.ebay.com/usr/paulkris - https://thisoldcamera.net/ Anthony Rue - https://www.instagram.com/kino_pravda/

From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored and reported by CNBC's Jessica Ettinger. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored and reported by CNBC's Jessica Ettinger. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus - Tuesday's fortunate/unfortunate stocks Learn more about your ad choices. Visit podcastchoices.com/adchoices

Market update for Wednesday December 31, 2025Follow us on Instagram (@TheRundownDaily) for bonus content and instant reactions.In today's episode:Nvidia prepares to ramp H200 chip production as demand from China explodesWarner Bros. Discovery plans to reject Paramount's revised takeover offerNike stock jumps on insider buying as Rivian slides on CEO stock salesWarren Buffett officially steps down after one of the greatest investing runs ever

-In its worst-case-scenario model, the IDC predicts PC shipments could shrink by up to 8.9 percent in 2026 because of the high cost of memory. -Meta has acquired an AI startup called Manus — known for its custom research and website-building agents — in a deal valued at more than $2 billion. It's reportedly one of the largest acquisitions yet involving a startup nurtured in China's AI ecosystem. -Samsung will have two new inexpensive mobile devices arriving on the US market next month. Learn more about your ad choices. Visit podcastchoices.com/adchoices

When the market takes a “Wile E. Coyote” leap, will your retirement plan stay standing? In this episode, Kevin Madden breaks down why understanding your true risk tolerance matters more than chasing returns and explore how mismatched risk, hidden overlap in portfolios, and market volatility can derail long‑term plans — and how smarter defense, steady offense, and guaranteed income strategies can help protect what you’ve built. Learn how to align your portfolio with your comfort level and avoid common pitfalls that sabotage retirees. Get Your Complimentary Retirement Roadmap Your roadmap will include: A retirement income strategy A test to see how long your money will last A tax-planning strategy See omnystudio.com/listener for privacy information.

Original Release Date: December 3, 2025Our Global Head of Fixed Income Research and Public Policy Strategy Michael Zezas and Chief Global Cross-Asset Strategist Serena Tang address themes that are key for markets next year.Read more insights from Morgan Stanley.----- Transcript -----Michael Zezas: Welcome to Thoughts on the Market. I'm Michael Zezas, Global Head of Fixed Income Research and Public Policy Strategy.Serena Tang: And I'm Serena Tang, Morgan Stanley's Chief Global Cross-Asset Strategist.Michael Zezas: Today we'll be talking about key investor debates coming out of our year ahead outlook.It's Wednesday, December 3rd at 10:30am in New York.So, Serena, it was a couple weeks ago that you led the publication of our cross-asset outlook for 2026. And so, you've been engaging with clients over the past few weeks about our views – where they differ. And it seems there's some common themes, really common questions that come up that represent some important debates within the market.Is that fair?Serena Tang: Yeah, that's very fair. And, by the way, I think those important debates, are from investors globally. So, you have investors in Europe, Asia, Australia, North America, all kind of wanting to understand our views on AI, on equity valuations, on the dollar.Michael Zezas: So, let's start with talking about equity markets a bit. And one of the common questions – and I get it too, even though I don't cover equity markets – is really about how AI is affecting valuations. One of the concerns is that the stock market might be too high, might be overvalued because people have overinvested in anything related to AI. What does the evidence say? How are you addressing that question?Serena Tang: It is interesting you say that because I think when investors talk about equities being too high, of valuations – AI related valuations being very stretched, it's very much about parallels to that 1990s valuation bubble.But the way I approach it is like there are some very important differences from that time period, from valuations back then. First of all, I think companies in major equity indices are higher quality than the past. They operate more efficiently. They deliver strong profitability, and in general pretty solid free cash flow.I think we also need to consider how technology now represents a larger share of the index, which has helped push overall net margins to about 14 percent compared to 8 percent during that 1990s valuation bubble. And you know, when margins are higher, I think paying premium for stocks is more justified.In other words, I think multiples in the U.S. right now look more reasonable after adjusting for profit margins and changes in index composition. But we also have to consider, and this is something that we stress in our outlook, the policy backdrop is unusually favorable, right? Like you have economists expecting the Fed to continue easing rates into next year. We have the One Big Beautiful Bill Act that could lower corporate taxes, and deregulation is continuing to be a priority in the U.S.And I think this combination, you know, monetary easing, fiscal stimulus, deregulation. That combination rarely occurs outside of a recession. And I think this creates an environment that supports valuation, which is by the way why we recommend an overweight position in U.S. equities, even if absolute and relative valuation look elevated.Michael Zezas: Got it. So, if I'm hearing you right, what I think you're saying is that comparisons to some bubbles of the past don't necessarily stack up because profitability is better. There aren't excesses in the system. Monetary policy might be on the path that's more accommodative. And so, when compared against all of that, the valuations actually don't look that bad.Serena Tang: Exactly.Michael Zezas: Got it. And sticking with the equity markets, then another common question is – it's related to AI, but it's sort of around this idea that a small set of companies have really been driving most of the growth in the market recently. And it would be better or healthier if the equity market were to perform across a wider set of companies and names, particularly in mid- and small cap companies. Is that something that we see on the horizon?Serena Tang: Yes. We are expecting U.S. stock earnings to sort of broaden out here and it's one of the reasons why our U.S. equity strategy team has upgraded small caps and now prefer it over large caps. And I think like all of this – it comes from the fact that we are in a new bull market. I think we have a very early cycle earnings recovery here. I mean, as discussed before, the macro environment is supportive. And Fed rate cuts over the next 12 months, growth positive tax and regulatory policies, they don't just support valuations. They also act as a tailwind to earnings.And I think like on top of that, leaner cost structures, improving earnings revisions, AI driven efficiency gains. They all support a broad-based earnings upturn. and our U.S. equity strategy team do see above consensus 2026 earnings growth at 17 percent. The only other region where we have earnings growth above consensus in 2026 is Japan; for both Europe and the EM we are below, which drive out equal weight and slight underweight position in those two indices respectively.Michael Zezas: Got it. And so, since we can't seem to get away from talking about AI and how it's influencing markets, the other common question we get here is around debt issuance related to AI.So, our colleagues put together a report from earlier this year talking about the potential for nearly $3 trillion of AI related CapEx spending over the next few years. And we think about half of that is going to have to be debt financed. That seems to be a lot of debt, a lot of potential bonds that might be issued into the market – which, are credit investors supposed to be concerned about that?Serena Tang: We really can't get away from AI as a topic. And I think this will continue because AI-related CapEx is a long-term trend, with much of the CapEx still really ahead. And I think this goes to your question. Because this really means that we expect nearly another [$]3 trillion of data center related CapEx from here to 2028. You know, while half of the spend will come from operating cash flows of hyperscalers, it still leaves a financing gap of around [$]1.5 trillion, which needs to be sourced through various credit channels.Now, part of it will be via private credit, part of it would be via Asset Backed Securities. But some of it would also be via the U.S. investment grade corporate credit bond space. So, add in financing for faster M&A cycle, we forecast around [$]1 trillion in net investment grade bond issuance, you know, up 60 percent from this year.And I think given this technical backdrop, even though credit fundamentals should stay fine, we have doubled downgraded U.S. investment grade corporate credit to underweight within our cross asset allocation.Michael Zezas: Okay, so the fundamentals are fine, but it's just a lot of debt to consume over the next year. And so somewhat strangely, you might expect high yield corporate bonds actually do better.Serena Tang: Yes, because I think a high yield doesn't really see the same headwind from the technical side of things. And on the fundamentals front, our credit team actually has default rates coming down over the next 12 months, which again, I think supports high yield much better than investment grade.Michael Zezas: So, before we wrap up, moving away from the equity markets, let's talk about foreign exchange. The U.S. dollar spent much of last year weakening, and that's a call that our team was early to – eventually became a consensus call. It was premised on the idea that the U.S. was going to experience growth weakness, that there would also be these questions among investors about the role of the dollar in the world as the U.S. was raising trade barriers. It seemed to work out pretty well.Going into 2026 though, I think there's some more questions amongst our investors about whether or not that trend could continue. Where do we land?Serena Tang: I think in the first half of next year that downward pressure on the dollar should still persist. And you know, as you said, we've had a very differentiated view for most of this year, expecting the dollar to weaken in the first half versus G10 currencies. And several things drive this. There is a potential for higher dollar negative risk premium, driven by, I think, near term worries about the U.S. labor markets in the short term. And as investors, I think, debate the likely composition of the FOMC next year. Also, you know, compression in U.S. versus rest of the world. Rate differentials should reduce FX hedging costs, which also adds incentive for hedging activity and dollar selling.All this means that we see downward pressure on the dollar persisting in the first half of next year with EUR/USD at 123 and USD/JPY at 140 by the end of first half 2026.Michael Zezas: All right. Well, that's a pretty good survey about what clients care about and what our view is. So, Serena, thanks for taking the time to talk with me today.Serena Tang: And thank you for inviting me to the show today.Michael Zezas: And to our audience, thanks for listening. If you enjoy Thoughts on the Market, please leave us a review and share the podcast. We want everyone to listen.

Performer cancellations at the Kennedy Center continue to pile up. Now the entire New Year's Eve show has been canceled. All because Trump illegally put his name on the Center. And Trump and his sycophants are complaining about it. Tough luck. This is the market and the resistance at work. Hosted on Acast. See acast.com/privacy for more information.

Request A Customized Workshop For Your Company⁠: https://www.americannegotiationinstitute.com/services/workshops/} In this episode, Jennifer Walton, Chief Brand Officer at Sky Nile Consulting, discusses how to change the marketing field by creating a strategy focused on diversity, equity, inclusion, and anti-racism. ⁠Sky Nile Consulting ⁠ https://www.skynileconsulting.com/ ⁠Follow Kwame Christian on LinkedIn⁠: https://www.linkedin.com/in/kwamechristian/ ⁠The Ultimate Negotiation Guide⁠: https://www.americannegotiationinstitute.com/guides/ultimate-negotiation-guide/ ⁠Click here to buy your copy of How To Have Difficult Conversations About Race!⁠: https://www.amazon.com/Have-Difficult-Conversations-About-Race/dp/1637741308/ref=pd_%5B%E2%80%A6%5Df0bc9774-7975-448b-bde1-094cab455adb&pd_rd_i=1637741308&psc=1 ⁠Click here to buy your copy of Finding Confidence in Conflict: How to Negotiate Anything and Live Your Best Life!⁠: https://www.amazon.com/Finding-Confidence-Conflict-Negotiate-Anything/dp/0578413736/ref=sr_1_1?crid=2PSW69L6ABTK&keywords=finding+confidence+in+conflict&qid=1667317257&qu=eyJxc2MiOiIwLjQyIiwicXNhIjoiMC4xNCIsInFzcCI6IjAuMjMifQ%3D%3D&sprefix=finding+confidence+in+conflic%2Caps%2C69&sr=8-1

Is now a good time for me to purchase in Chicago? ============= Connect with Mark and Tom: StraightUpChicagoInvestor.com Guest: Mark Ainley, Straight Up Chicago Investor Podcast Email the Show: StraightUpChicagoInvestor@gmail.com Properties for Sale on the North Side?  We want to buy them. Email: StraightUpChicagoInvestor@gmail.com Have a vacancy? We can place your next tenant and give you back 30-40 hours of your time. Learn more: GCRealtyInc.com/tenant-placement Has Property Mgmt become an opportunity cost for you? Let us lower your risk and give you your time back to grow. Learn more: GCRealtyinc.com ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2025.

Host Tom Verducci welcomes the coming New Year by celebrating the 90th birthday of Sandy Koufax! Tom looks back and the accomplishments of Koufax and how his career started and how he ended as a Hall of Famer, 4x World Series Champion, and 3x Cy Young Award winner. Mariners catcher Cal Raleigh wins the SI Breakout Player Award. Tom documents his career from getting cut in high school to making the Major Leagues. What happens next for Raleigh and how does he respond after his 60 home run season? Pitchers are throwing faster than ever, but using less fastballs overall. Tom brings out the data from this season to look at where the use of the fastball is heading. Throwing 100mph used to be an anomaly, now every team has a pitcher that hits the mark. The number of 100mph pitches has quadrupled in just the 6 years! Tom wraps up 2025 with some MLB news on the A's and the future of Alex Bregman. The Book of Joe Podcast is a production of iHeart Radio. #fsrSee omnystudio.com/listener for privacy information.

Frank Holland and the Investment Committee debate the main themes to look out for in 2026.  CNBC's Steve Liesman also joins us with what to expect from the Fed next year.  Plus, Josh Brown spotlights Hilton in his "Best Stocks in the Market." And later, the Committee debate the real estate sector. Investment Committee Disclosures Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Get my new book: https://bronsonequity.com/fireyourselfDownload my new special report - How to Use Inflation to Your Advantage - www.bronsonequity.com/inflationJoin Bronson Hill and co-host Nate Hambrick on the Mailbox Money Show for an eye-opening look at Build-to-Rent (BTR) communities with Andy McMullen, co-founder of Legacy Acquisitions. With decades navigating real estate—from LA office deals to 2010s multifamily pivots—Andy now scales BTR projects for instant cash flow, skipping traditional development delays.Discover why BTR dominates today's market: merging single-family vibes with apartment perks in booming submarkets like Lafayette, LA, and Baldwin County, AL.From passive lending to hands-on development, Andy's straightforward playbook—built on relationships and tight processes—delivers mailbox money today and legacy-scale tomorrow. Pivoting from scattered singles or oversupplied multis? This episode is your no-nonsense roadmap through volatility.00:41 - Episode Intro01:28 - BTR Niche: Pivot from Multifamily/Single-Family02:04 - Andy's Background: Cycles to BTR Development03:39 - BTR Trend: Clustered SFH Amenities04:35 - Tax Benefits: Avoid Gains via Hold Strategy04:53 - Cash Flow Model: 10-14% Lender Guarantees06:20 - Lender Structure: Personal Guarantees, Judgments07:54 - Blended Equity: Depreciation Post-Stabilization09:16 - Financing: Horizontal to 6% Permanent Rates10:06 - Submarkets: Secondary Growth Areas12:02 - GC Management: Working Genius Assignment13:39 - Incentives: Premiums Over Penalties15:12 - On-Site Engagement: Relationships with Workers15:44 - Community Officer: Referrals and Oversight16:27 - Rate Lock-In: 60% Sub-4% Loans Stagnate Inventory17:56 - Blended Classes: Loan + Backend Equity20:21 - Creative Financing: Subject-To, Owner Carry21:51 - Crisis Opportunity: Danger + Pivot22:26 - Success or Seminar: Learn from Losses23:23 - Disguised Growth: Pain + Reflection24:06 - Arena Mindset: Control Process, Not Results25:17 - Resilience: Firing as Growth Lesson26:07 - JFK: Pray to Be Better, Not Easier28:41 - Leverage Law: Choose Your Hard30:44 - Energize Focus: Transformational Tasks32:52 - Connect with AndyCONNECT WITH THE GUESTWebsite: https://legacyacquisitions.com/#BuildToRent#RealEstateNiches#CashFlowInvesting#InvestorResilience#DevelopmentFinancing#MindsetShift#SecondaryMarkets