Podcasts about p dow jones indices

Story of the Week (DR):SuperBroIpoDystopia: Some key facts: MMa record-breaking $135 per share with$1.8T valuationTo make that math make sense, analysts estimate the company needs to grow its sales by 50% every single year for the next decadeSpaceX lost $4.9B last yearWall Street is Being Treated Like Order-Takers: Musk pre-set the IPO price strictly at $135 and dictating exactly which investors got allocations. This forced major investment banks like Goldman Sachs and Morgan Stanley to act as glorified order-takers without even knowing their exact compensation beforehandSaudi Aramco $1.7T; Alibaba: $237B; Facebook $118BNasdaq aggressively pushed through "fast-entry" rule changes specifically to allow mega-caps like SpaceX to bypass the traditional year of seasoning and enter the Nasdaq-100 in just 15 trading days. This forces passive index funds to buy in blindly to avoid tracking errorsMeme stocker bros: $100B in share orders30% of $75B offering is earmarked for individual retail investors. This effectively shifts late-stage, hyper-inflated valuation risk away from institutions and onto the public.BlackRock $5BInstitutional investors admitted that when they bought into SpaceX privately, they were given high-level revenue figures but were denied a copy of the actual balance sheet—an unprecedented lack of transparency for a company raising tens of billionsUniversity of Washington more than 10% of its $17B in assetsUNC about 10%SpaceX will make $75B in proceedsSaudi Aramco $26B; Alibaba $22BElon Musk's Absolute Voting Tyranny (80% of voting power)personal net worth has officially skyrocketed past $1.1TSpaceX's foundational scale was built on the back of the American public, securing over $20 billion in U.S. federal government contracts to fund its rocket developmentAntonio Gracias: personally lent Musk $1M to keep him afloat; his PE firm Valor gave $76MThat $1M lifeline and early institutional backing from 2008 have compounded into what analysts are calling the most lucrative return on a personal favor in business history.The Second-Largest Shareholder: Through various Valor entities, Gracias controls roughly 7.3% of SpaceX's Class A stock (more than 500 million shares)Gracias's stake is officially worth anywhere from $91B to over $140BThis single corporate listing instantly catapults Gracias into the ranks of the world's 50 richest people.The big party: combined valuation of $3.6TAnthropic ($965B) filed confidentially on June 1OpenAI ($1T) filed confidentially on June 8"We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company. But it's a complicated set of tradeoffs, and this gives us the option to go public sooner if that ends up being best."What does it all amount to? 4 horrible objectives:Funding a Sci-Fi Passion Project with Public CashBecoming the Pentagon's Irreplaceable War MachineForget the folksy narrative that Starlink is just for connecting rural schools or isolated communities: SpaceX is systematically turning itself into the ultimate military contractorProject Starshield: Those satellites are the foundation for a highly classified, militarized version of the network designed for government surveillance, secure communications, and real-time battlefield tracking.Too Big to Regulate: By launching the vast majority of the world's payloads and controlling the dominant orbital communications network, SpaceX is making the U.S. military entirely dependent on its hardware. The ultimate point is to become so deeply embedded in national defense that the government can never afford to regulate, penalize, or dismantle Musk's empireAn Orbital Real Estate Land GrabBuilding a Borderless, Lawless EmpireSpaceX is attempting to build a tech infrastructure that exists entirely outside the jurisdiction of EarthUltimately, SpaceX isn't trying to save humanity from a dying Earth; it's trying to ensure that whoever controls Earth's future has to pay rent to Elon MuskIran threatens Elon Musk's companies in Middle East: Iranian state mediaAll of Elon Musk's companies in the Middle East are military targets for Iran as it retaliates against the U.S., Iranian state media outlet Fars reported.The targets include a regional Starlink ground station, according to Fars.Sen. Warren calls on SEC to delay SpaceX IPO, flagging concerns about valuation and governanceThe letter to the heads of the Nasdaq, S&P Dow Jones Indices, FTSE Russell and Morningstar Indexes sent on Thursday asked the companies whether they had made or considered rule changes based on lobbying from Elon Musk, other SpaceX officials or officials from OpenAI or Anthropic, and asked for any communications between the companies and the indexesLSEG, which owns the FTSE Russell, and Nasdaq declined to comment. Morningstar did not respond to a request from CNBC for comment.S&P Dow Jones Indices didn't comment on the letter, but the company noted it had decided not to change its rules regarding indexes: “S&P DJI determined that exceptions to these requirements should not be granted solely based on market capitalization,” it said in a statement to CNBC. “The decision not to adopt the proposed exceptions preserves core index principles by maintaining consistent application of these key requirements.”Democrats ask Goldman Sachs CEO why he's keeping lawyer who said she'd resign over ties to EpsteinGoldman Sachs CEO David Solomon is facing new scrutiny from congressional Democrats over his reported effort to retain the bank's top lawyer months after she said she would resign over revelations about her ties to convicted sex offender Jeffrey EpsteinIn a letter sent Wednesday:U.S. Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs CommitteeRepresentative Raja Krishnamoorthi (D-IL), Ranking Member of the Subcommittee on Health Care and Financial Services on the House Oversight Committee“Ruemmler ‘educated (Epstein) on how the law differentiates between underage victims of sex crimes and adult prostitutes…'”In February, Ruemmler announced her resignation from Goldman Sachs, effective June 30, 2026: “At the time, you stated that you “reluctantly” accepted Ruemmler's resignation. While Goldman Sachs has declined to comment on this matter, new reporting suggests that you ‘pressed' her to reconsider her resignation and instead move to a new position within the firm.”Teardown of Trump Phone Reveals Incredibly Embarrassing SecretA recent teardown by repair company iFixit confirmed that the T1 is an almost entirely unmodified HTC U24 Pro, a two-year-old and mid-tier Android phone, with a cheap coat of gold colorationTrump is selling an entirely Chinese smartphone, despite waging an economic war against the country.Apart from minuscule changes to the speaker grille and a lengthened flex cable, iFixit concluded that “everything is the same, except the pattern of holes in the case.”Goodliest of the Week (MM/DR):DR: Google and Meta denied new trial in youth social media addiction caseMM: In the United States, Solar Energy is Outpacing Coal for the First Time EverAssholiest of the Week - SPEED ROUND (MM):BP's useless, reactionary board of directors: BP drops net zero division in wake of boardroom turmoil; BP's new CEO Meg O'Neill rips up the energy giant's playbook—and the ‘green' era with it - 10Ryanair blowhard CEO Michael O'Leary: Ryanair investigated over charging parents to sit with children - 5EV killing GM and Mary Barra: GM is pivoting its battery expertise toward powering AI data centers and the grid - 10Every company that fired employees and replaced them with AI: Unfortunate Company Accidentally Blows Half a Billion Dollars on Claude in One Month; AI sticker shock hits corporate America - 10Everything out of Alex Karp's fat mouth: Palantir CEO Alex Karp says executives who brag about their AI cuts might as well ‘sign up for the Bernie Sanders manifesto'; Palantir CEO says AI companies 'don't understand how unlikeable they are'; - 10Sorry Liz, this is investors job: Sen. Warren calls on SEC to delay SpaceX IPO, flagging concerns about valuation and governance - 0Every investor in SpaceX IPO: Franklin Templeton to participate in SpaceX IPO, CEO Johnson tells CNBC; SpaceX IPO demand is approaching four times oversubscribed, source says; Wall Street's undignified SpaceX mania; SpaceX's president hints at a Tesla merger: 'That might make Elon's life a little easier' - 10Billionaires: Billionaires' Billions Are Increasing Faster Than Ever - 10Beef (not Ebola): Elon Musk Faces Backlash as a Horrific Texas Screwworm Outbreak Follows Brutal DOGE Budget Cuts - 10Mark: Meta Furious Over Bombshell Smart Glasses Revelation“Last week, Wired reported that Meta discreetly moved to infuse facial recognition tech into its popular smart glasses, as evidenced by a piece of code discovered in the Meta AI app by the magazine's journalists.” - 10Headliniest of the WeekDR: UBS CEO [Sergio] Ermotti hopes to step down before 2030MM: You Can Now Get a Religious Exemption From Using AI at Work“The funniest possible outcome of the AI mandate era is about to be HR departments discovering that ‘sincerely held religious belief' under Title VII has a much lower bar than they assumed, and Pope Leo handed every Catholic employee a written excuse,” tweeted San Francisco-based startup founder Corey Quinn. (Title VII of the Civil Rights Act prohibits employment discrimination and retaliation based on race, color, national origin, religion, and sex.)MM: Furious Judge Cancels Entire Trial After Finding Out Lawyers on Both Sides Used AIWho Won the Week?DR: HTC U24 Pro, a two-year-old and mid-tier Android phone. Or maybe it was the cheap gold paint?MM: Everyone religious - what CAN'T you opt out of using a religious exemption? PredictionsDR: Attacking dictator-run companies (i.e., Iran/Tesla) starts to enter the realm of normalcyMM: Atheists adopt a religion to opt out of tech bro oligarchies

Andrew, Ben, and Tom discuss Zelensky's open letter to Putin proposing direct man-to-man peace talks with potential involvement from the US and Europe as security guarantors, while Trump is focused on Iran, and S&P Dow Jones Indices' surprise rejection of SpaceX's S&P 500 inclusion, citing GAAP profitability and float requirements.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

Bankers tap the extraordinary valuation of SpaceX ahead of its listing next week. Goldman Sachs has reportedly forecast a 100-fold revenue increase by 2030 for the company. However, S&P Dow Jones Indices has ruled out a fast-track to the S&P 500, diverging from rivals Nasdaq. The AI rally stutters with the Nasdaq suffering a second day of losses while in Asia, the KOSPI nosedives. The head of OpenAI For Countries and former UK Chancellor of the Exchequer George Osborne tells CNBC he's bullish on the ‘exponential' demand for the A.I. sector. Hezbollah rejects the ceasefire deal between Israel and Lebanon while President Trump floats the possibility of a meeting with Iranian Supreme Leader Mojtaba Khamenei should a peace agreement be reached between the Washington and Tehran.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

内容简介本期聊“为什么要追求卓越”。增长往往不是线性的，真正的跃迁来自少数关键时刻；卓越工作不仅带来更高回报，更重要的是让人有机会提出更好的问题、完成更好的价值对齐。平庸的工作会被市场和记忆迅速遗忘，而卓越，是个体与组织面对世界最坦诚的行动方式。参考文献* Deutsch, D. (2011). *The Beginning of Infinity: Explanations That Transform the World*. Viking.* Christian, B. (2020). *The Alignment Problem: Machine Learning and Human Values*. W. W. Norton & Company.* Taleb, N. N. (2012). *Antifragile: Things That Gain from Disorder*. Random House.* Kahneman, D. (2011). *Thinking, Fast and Slow*. Farrar, Straus and Giroux.* J.P. Morgan Asset Management. (2024). *Guide to the Markets*. J.P. Morgan Asset Management.* S&P Dow Jones Indices. (2024). *S&P 500 Index Methodology*. S&P Global.

DRCoinbase cuts headcount by 14% citing AI acceleration. The shares are gainingCoinbase cuts headcount by 14% citing AI acceleration WHO DO YOU BLAME?Cofounder/CEO/Chair Brian Armstrong: 49.6% voting power MMIn 2020, amidst global protests for racial justice, Armstrong issued a blog post that effectively banned employees from discussing social issues or activism at work: "We don't advocate for any particular causes or candidates internally that are unrelated to our mission, because it is a distraction from our mission... we won't engage in broader societal issues."Brian is a proponent of "Freedom Cities"—privatized zones built on federal land that would be exempt from the laws that govern the rest of the countryMeta Platforms director Marc Andreessen:Impeding the development of AI in any way, he argues, “is a form of murder."Our enemies are 'social responsibility', 'stakeholder capitalism', 'Precautionary Principle', 'sustainable development goals', 'social justice', and 'environmental, social, and governance (ESG)'... These are all ideas that would lead to a stagnant, decadent, and ultimately dead society."The dual class share structure:The holders of our Class B common stock are entitled to twenty votes per share, and holders of our Class A common stock are entitled to one vote per share.Jeffrey Billings, the independent trustee for certain trusts established by Brian Armstrong (representing 18.9% voting power)Co-founder/director Frederick “Fred” Ernest Ehrsam III (10.6% voting power)co-founder and general partner of the crypto-focused venture capital firm Paradigmco-founder and CEO of Nudge, a neurotechnology startup developing non-invasive brain–computer interfacesDuke UniversityWhile Fred is often seen as the quiet intellectual counterpart to Marc Andreessen, his philosophy is arguably even more dystopian to critics because it moves beyond just software—aiming to program human governance and the human brain itself.Fred is the Quiet Architect of a future where human systems are replaced by cold code.Fred is a major backer of the Prometheus Summit, a secretive gathering of tech elites focused on "longevity" and "assisted reproductive technologies."In 2026, Fred was appointed to the President's Council of Advisors on Science and Technology (PCAST) by President Donald TrumpThe 2 women on the board, seems very DEI-ishThe shares are gaining WHO DO YOU BLAME?InvestorsUp 15$ in 2 days: $655M for brianDiary of a CEO founder says he hired someone with ‘zero' work experience because she ‘thanked the security guard by name' before the interview WHO DO YOU BLAME?The so-called “meritocracy” MM“I hired someone who's CV was two lines. Their experience was zero”Elon Musk's SpaceX Could Be Fast-Tracked Into S&P 500 After IPO Under Proposed Rule Changes AND Elon Musk settles SEC lawsuit over Twitter purchase and agrees to pay $1.5m fineA trust in Musk's name will pay a $1.5m civil penalty, without admitting wrongdoing. Musk won't have to give up any money he allegedly saved from the delay. In its January 2025 lawsuit, the SEC said Musk's 11-day delay in revealing his initial 5% Twitter stake in late March and early April 2022 let him buy more than $500min shares at artificially low prices, before he finally revealed a 9.2% stake. WHO DO YOU BLAME?The SEC CommissionersJan 2025Chair Gary Gensler (D) Commissioner Hester Peirce (R)Commissioner Mark Uyeda (R)Commissioner Caroline Crenshaw (D)Commissioner Jaime Lizárraga (D)Today MMChair Paul Atkins (R)Commissioner Hester Peirce (R)Commissioner Mark Uyeda (R)VacantVacantSpecifically Paul AtkinsDuring his first stint as an SEC Commissioner (George W. Bush), Paul was famous for his dissent against large corporate penaltiesHe argued that fining a company for the "sins" of its executives just hurts the innocent shareholders a second timeRecently in the same Administration with Musk (DOGE)Generally believes the SEC overregulates; Musk has referred to the SEC as “bastards”Commissioner Hester PeirceThe perennial dissenter (pre-Trump 2.0): Whenever the SEC would sue a crypto firm or fine a high-profile CEO, Peirce would release a blistering public letter explaining why the SEC was wrong, overreaching, and "paternalistic."Hester is the primary author of the Token Safe Harbor proposal, which essentially argues that tech companies should be allowed to operate for three years without any SEC oversight to "find their footing."Hester has long argued that the SEC's disclosure requirements are "bloated" and "immaterial." In her view, Musk's failure to file a 13D form for his Twitter stake wasn't a crime—it was a failure to comply with a "clunky, outdated bureaucracy.""In our purportedly enlightened era, we pin scarlet letters on allegedly offending corporations without bothering much about facts and circumstances... After all, naming and shaming corporate villains is fun, trendy, and profitable."The S&P 500, managed by S&P Global Dow Jones Indices, on Thursday, announced it was beginning consultation on rule changes that could potentially help Elon Musk-led SpaceX gain an expedited entry into the index. The rule changes include letting IPOs enter the index six months after their debut on an eligible index instead of a 12-month period, according to current rules.The index also proposed eliminating a minimum Investable Weight Factor (IWF) of 0.10 for megacap companies. The IWF is a methodology used to calculate the number of shares of a company available to trade on the market.Notably, the proposed rule changes also eliminate profitability requirements for megacap companies. Current rules require a company to be profitable on a GAAP basis for 12 months to be considered for the index, but that rule could be eliminated.S&P DJI only accepts feedback during the announced consultation open period, which is generally one calendar month following the consultation announcement. The Index Committee considers the complexity of the change and the desirable implementation timing in determining the open window for the consultation, which is generally aligned, if possible, with the index rebalancing schedule. WHO DO YOU BLAME?S&P Global CEO Martina L. Cheung (31% no on pay last year) DEI? That's all I haveS&P Global Chair Ian Livingston (Lord Livingston of Parkhead)Lord Livingston is also involved in a number of charities particularly in the fields of education, equality and social careLords are weird? That's all I haveThe Index CommitteeThe S&P 500 Index Committee is one of the most powerful and secretive groups in global finance. To prevent insider trading and front-running (where traders buy a stock because they know it's about to be added to the index), S&P Dow Jones Indices (S&P DJI) keeps the names of the individual committee members confidential.“To mitigate even the appearance of a conflict of interest... all Index Committee meetings are confidential. Membership of the Index Committee is not disclosed, and voting members consist of senior S&P DJI staff who have no commercial responsibilities”The Committee Members: Usually consists of about five to nine full-time employees of S&P Dow Jones Indices. Veto Power: Unlike other indices that use a rigid formula, this committee has discretionary authority. They can choose to ignore certain rules (like profitability) if they believe a company is representative of the U.S. economy.Who is probably partly on the Committee:Catherine Clay (CEO, S&P Dow Jones Indices): As the top executive, she oversees all index divisions. She joined in late 2025 with a mandate to modernize the indices for the digital and private-to-public era.Fiona Boal (Global Head of Equities): She oversees the entire equity index suite. Any proposal to change the "seasoning" or profitability rules for the S&P 500 goes through her office.Michael Orzano (Head of Exchange Products): He is the primary strategist for how major listings (like a $1.75T SpaceX IPO) integrate with the exchange-traded product (ETF) ecosystem.He was the lead strategist during the 2020 Tesla Inclusion, which was the most chaotic event in S&P historyHamish Preston (Head of U.S. Equities): He is the primary spokesperson for S&P 500 methodology. If the "SpaceX Rule" is adopted in June 2026, he will be the one explaining the technical justification to the media.Louis Bellucci (Head of Index Committee Management): As of 2026, he is the specific individual tasked with managing the various index committees and ensuring they follow the updated governance protocolsThe general concept of greed MMMM'Tone Deaf' Starbucks CEO Slammed for Justifying $10 Coffee as 'Affordable Premium Experience' - Niccol is so close to the human experience, he thought it was obviously “affordable” premium to pay $10 for a single cup of coffee. WHO DO YOU BLAME?Mike Sievert, Jorgen Knudstorp, Neal Mohan, and Brian NiccolAccording to Free Float knowledge database, the only four directors with base knowledge of marketing in their backgrounds - all direct from their education and bios46% of SBUX influenceRichard Allison, Neal Mohan, Andy Campion, Beth Ford, Mike SievertMembers of the pay committee that graciously granted Niccol $96m such that a $10 coffee is an “affordable premium experience” for Niccol aloneMeanwhile, CEO Pay Surges 11% While Workers' Wages Stagnate at 0.5% in 2025: Report.In the last 5 years, EVERY director at SBUX was tagged as a “bottom payer” for employees using bottom quartile employee median pay relative to peers as a flagAt the same time, SBUX tagged as mildly atypical overpay relative to other paying directors, and the board average 5 year CEO Pay ratio ranking in the BOTTOM QUINTILE - not only do they love paying their employees as little as possible, the couple it with massive pay packages for CEOs everywhere they goBeth Ford, Daniel Servitje, and Neal MohanAccording to Free Float deference numbers, which use how directors get paid, the prestige of the directorship, the overlaps/reliance on the CEO, and social ties to management, these three are the only ones on the board tagged as “Deferential”For instance, Mohan has directorships at Chrome Holding and Starbucks… which one is a bigger deal?These are directors with the most to lose by dissenting - and risking getting replaced - at this board in particularMike Sievert, Daniel Servitje, Marissa Mayer, Neal Mohan, Brian NiccolEstimates of each of their net worth is in excess of $100m, with Servitje part of the nepo Grupo Bimbo money (he's worth >$3bn)Mayer is the rare female fail up, with early Google and Yahoo money >$600mMohan got a $100m stock retention bonus in 2013 alone and is the CEO of YouTube, the ultimate in artist exploitation machineNeal Mohan, who is on every one of these lists DRBrian Niccol, for generating a record quarter, avoiding negotiating with the union, and calling $10 for roasted beans “affordable premium”Activists Protest Jeff Bezos at 2026 Met Gala with Symbolic 'Urine' Bottles - no one like Uncle Jeffe and his wife anymore!!! WHO DO YOU BLAME?Zohran MamdaniHe skipped the Met Gala??? This was his one chance to show he actually DOES love Ken Griffin!WorkersIf they just accepted that they will all be fired by AI robots and take what their tech billionaire overlords bequeath them generously, they wouldn't have to do this: While billionaires get ready for the Met Gala, their workers walk a different kind of runwayA protest fashion show by workers of Amazon, Whole Foods, Starbucks, Uber, organized by the SEIU and Amazon Labor UnionLauren Sanchez DRProfiled in the NYT saying the uber-rich should “stop apologizing” and “start enjoying themselves” - isn't always the wife's fault?Amazon's board of sycophantsLabelled as “Structurally Deferential” in Free Float data, 5 of the 12 directors have been with Bezos for over a decadeThe rest are almost entirely connected to the directors who have been there for more than a decade7 of the 12 directors tagged as bottom payers, 6 of them at just AmazonEVERY DIRECTOR has been flagged more than once for Human Rights violations across all boards they're on - literally they have overseen constant strings of human rights violationsUncle Jeffe - who still thinks you can buy things and make people like youGameStop is preparing offer for eBay, WSJ reports - the offer is for $56bn and would allow a failing brick and mortar video game company to buy a semi-failing 2000s internet auction company - WHO DO YOU BLAME?TD Bank directors Ana Arsov, Cheri Brant, Elio Luongo, Keith Martell, Frank Pearn, Paul Wirth - the TD risk committeeTD offered a “I guess so?” letter for financing coming in around $20bn in debt. That amount of debt would make these directors - who are only active on the GameStop board - among the most indebted in our databaseThe risk committee is: accountant, compliance officer, ex-bank CEO, accountant, lawyer, someone from Moody'sRoaring Kitty Keith GillIsn't this obviously all his fault?Last count, he has as many as 9m shares in GME in 2024…CEO Ryan CohenWhose deep experience selling pet food and video games has set him up to have just the ego to think he can run anything anywhereWho cares

Qantas and Virgin Australia are cutting their lower demand flights because fuel prices continue to bite their bottom line. Uber is driving away from the gig economy… and pulling into the robotaxi lane with a $10 billion investment. Allbirds, the NZ founded shoe company has seen its shares soar over 500% after saying goodbye sneakers and hello to AI. _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance —- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes. —- Important Information: This material has been created with the co-operation of BlackRock Investment Management (Australia) Limited (BIMAL) ABN 13006 165 975, AFSL 230 523 on 1 April 2026. Comments made by BIMAL employees here represent BIMAL’s views only. This material provides general advice only and does not take into account your individual objectives, financial situation, needs or circumstances. Before making any investment decision, you should obtain financial advice tailored to you having regard to your individual objectives, financial situation, needs and circumstances. Refer to BIMAL’s Financial Services Guide on its website for more information. This material is not a financial product recommendation or an offer or solicitation with respect to the purchase or sale of any financial product in any jurisdiction. ------- S&P Dow Jones Indices does not sponsor, endorse, sell, or promote any product based onan S&P Dow Jones index nor does it make any representation regarding the advisability ofinvesting in the products. Before making any investment decisions, you should assesswhether the product or service is appropriate for you and read the PDS and TMD availableat blackrock.com.au.See omnystudio.com/listener for privacy information.

MCoBeauty, the Australian dupe-beauty giant, is facing US lawsuits over claims it has copied its luxury competitor. IKEA is winding back its famous 365-day refund policy as returns are eating into their flat-pack-margins. Coachella Week 1 is done and dusted… and the Californian region is counting the moula. _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance —- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes. —- Important Information: This material has been created with the co-operation of BlackRock Investment Management (Australia) Limited (BIMAL) ABN 13006 165 975, AFSL 230 523 on 1 April 2026. Comments made by BIMAL employees here represent BIMAL’s views only. This material provides general advice only and does not take into account your individual objectives, financial situation, needs or circumstances. Before making any investment decision, you should obtain financial advice tailored to you having regard to your individual objectives, financial situation, needs and circumstances. Refer to BIMAL’s Financial Services Guide on its website for more information. This material is not a financial product recommendation or an offer or solicitation with respect to the purchase or sale of any financial product in any jurisdiction. ------- S&P Dow Jones Indices does not sponsor, endorse, sell, or promote any product based onan S&P Dow Jones index nor does it make any representation regarding the advisability ofinvesting in the products. Before making any investment decisions, you should assesswhether the product or service is appropriate for you and read the PDS and TMD availableat blackrock.com.au.See omnystudio.com/listener for privacy information.

SPC, the fruit and veg processor, has been a major beneficiary as Aussies are stocking up on baked beans and canned goods. Uniqlo is heading for another record year, with global expansion driving a surprise surge in profits. Anthropic is holding back its most powerful AI mode… and only giving it to Big Tech… to stop hackers winning the AI arms race. _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance —- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes. —- Important Information: This material has been created with the co-operation of BlackRock Investment Management (Australia) Limited (BIMAL) ABN 13006 165 975, AFSL 230 523 on 1 April 2026. Comments made by BIMAL employees here represent BIMAL’s views only. This material provides general advice only and does not take into account your individual objectives, financial situation, needs or circumstances. Before making any investment decision, you should obtain financial advice tailored to you having regard to your individual objectives, financial situation, needs and circumstances. Refer to BIMAL’s Financial Services Guide on its website for more information. This material is not a financial product recommendation or an offer or solicitation with respect to the purchase or sale of any financial product in any jurisdiction. ------- S&P Dow Jones Indices does not sponsor, endorse, sell, or promote any product based onan S&P Dow Jones index nor does it make any representation regarding the advisability ofinvesting in the products. Before making any investment decisions, you should assesswhether the product or service is appropriate for you and read the PDS and TMD availableat blackrock.com.au.See omnystudio.com/listener for privacy information.

The crew unpacks the significance of the Trade[XYZ] S&P 500 license, why Vanity Fair's recent crypto piece is so controversial and whether the EF is returning to “communism.” Thank you to our sponsors! ⁠⁠⁠⁠⁠Fuse: The Energy Network ⁠⁠⁠⁠ – Shift your energy use and earn rewards. ⁠⁠⁠⁠⁠MultiChain Advisors -⁠⁠⁠⁠⁠ The Growth & Capital Markets Partner You Need Trade[XYZ] has obtained a license from the S&P Dow Jones Indices to offer S&P 500 perps on Hyperliquid. A crypto trader lost $50 million in a single Aave swap. A Vanity Fair crypto shoot and article is sparking backlash. And the Ethereum Foundation has unveiled a “new” mandate. Uneasy Money hosts Kain Warwick, Luca Netz and Taylor Monahan dig into what the S&P license means for crypto with Kain saying it is not priced in yet. They also debate whether DeFi frontends should block high slippage swaps after the recent Aave swap gone wrong. Plus, did Vanity Fair intend to mock crypto? Luca shares how he dodged the bullet. Tay explains why OpenSea founder Devin Finzer and his wife got the most heat. Kain lets slip how he found himself on the New York Times for buying Trump's memecoin. And why Kain does not think the Ethereum Foundation's new mandate matters in the long-run. Hosts: ⁠⁠⁠⁠⁠Kain Warwick⁠⁠⁠⁠⁠, Founder of Infinex and Synthetix ⁠⁠⁠⁠⁠Taylor Monahan⁠⁠⁠⁠⁠, Security Expert ⁠⁠⁠⁠⁠⁠⁠⁠⁠Luca Netz⁠⁠, CEO of Pudgy Penguins Links: Unchained: S&P 500 Gets First Officially Licensed Onchain Perpetual, Landing on Hyperliquid Dueling Post-Mortems Reveal How a $50 Million DeFi Swap Went From Bad to Catastrophic Ethereum Foundation Codifies Its Own Obsolescence in New Mandate Learn more about your ad choices. Visit megaphone.fm/adchoices

The crew unpacks the significance of the Trade[XYZ] S&P 500 license, why Vanity Fair's recent crypto piece is so controversial and whether the EF is returning to “communism.” Thank you to our sponsors! ⁠⁠⁠⁠⁠Fuse: The Energy Network ⁠⁠⁠⁠ – Shift your energy use and earn rewards. ⁠⁠⁠⁠⁠MultiChain Advisors -⁠⁠⁠⁠⁠ The Growth & Capital Markets Partner You Need Trade[XYZ] has obtained a license from the S&P Dow Jones Indices to offer S&P 500 perps on Hyperliquid. A crypto trader lost $50 million in a single Aave swap. A Vanity Fair crypto shoot and article is sparking backlash. And the Ethereum Foundation has unveiled a “new” mandate. Uneasy Money hosts Kain Warwick, Luca Netz and Taylor Monahan dig into what the S&P license means for crypto with Kain saying it is not priced in yet. They also debate whether DeFi frontends should block high slippage swaps after the recent Aave swap gone wrong. Plus, did Vanity Fair intend to mock crypto? Luca shares how he dodged the bullet. Tay explains why OpenSea founder Devin Finzer and his wife got the most heat. Kain lets slip how he found himself on the New York Times for buying Trump's memecoin. And why Kain does not think the Ethereum Foundation's new mandate matters in the long-run. Hosts: ⁠⁠⁠⁠⁠Kain Warwick⁠⁠⁠⁠⁠, Founder of Infinex and Synthetix ⁠⁠⁠⁠⁠Taylor Monahan⁠⁠⁠⁠⁠, Security Expert ⁠⁠⁠⁠⁠⁠⁠⁠⁠Luca Netz⁠⁠, CEO of Pudgy Penguins Links: Unchained: S&P 500 Gets First Officially Licensed Onchain Perpetual, Landing on Hyperliquid Dueling Post-Mortems Reveal How a $50 Million DeFi Swap Went From Bad to Catastrophic Ethereum Foundation Codifies Its Own Obsolescence in New Mandate Learn more about your ad choices. Visit megaphone.fm/adchoices

Crypto News: SEC approves Nasdaq's move to support tokenized securities trading. S&P Dow Jones Indices licenses its flagship index for crypto trading on Hyperliquid. Senator Tim Scott says crypto market structure negotiations are advancing.Brought to you by

If you’re thinking about retirement — or already living in it — one of the biggest questions you face is how to generate consistent income from your portfolio without running out of money. On this special edition of The Financial Hour of The Tom Dupree Show, hosts Tom Dupree Jr., Mike Johnson, and James Dupree dive deep into why dividend investing has become the foundation of how Dupree Financial Group builds retirement portfolios. From understanding how dividends actually work to why emotional decisions can cost you decades of returns, this episode is packed with insights for anyone who wants their money to keep working — even when markets get rocky. What Is a Dividend and Why Does It Matter in Retirement? Before diving into strategy, it helps to understand what a dividend actually is. As Mike Johnson explained on the show, “A dividend is just a portion of the earnings that are paid out to shareholders of a company. When you own shares of X, Y, Z company, you are an owner of that company.” Here’s the distinction that matters most for people in retirement: when a company declares a dividend, they declare a dollar amount per share — not a percentage. This means if you own 100 shares of a company paying $1 per share annually, you receive $100 in income regardless of what happens to the stock price. The yield percentage you see quoted on financial news is simply the dividend payment relative to the current share price. This is a critical concept for retirement income planning. As the SEC’s investor education resources explain, understanding the difference between yield and dollar-per-share income can fundamentally change how you approach portfolio withdrawals. How Dividends Protect Your Retirement Portfolio During Market Downturns One of the most common concerns for retirees is what happens to their income when markets decline. Mike Johnson addressed this directly: “When you have a period where the price goes down, and you’re taking withdrawals — if it’s not paying a dividend, you’re forced to liquidate something to produce that withdrawal. But with the dividends, if the share price goes down, unless there’s something wrong with the company, it’s still paying the dividend.” This is what investment professionals call avoiding the negative compounding of withdrawing principal — selling shares at depressed prices to fund living expenses, which permanently reduces your portfolio’s ability to recover. Dividend income allows retirees to meet their cash flow needs without being forced to sell at the worst possible time. Key takeaways on how dividends protect retirement income: Income stability in down markets: Dividend payments are determined by the underlying business, not short-term stock price movements driven by politics, tariffs, or market fear. Avoiding forced liquidation: Retirees who rely on selling shares for income are most vulnerable during the exact periods when selling hurts the most. Opportunity during volatility: When quality dividend stocks decline due to broad market selling, it creates opportunities to buy at higher current yields — which is exactly what Dupree Financial Group did during the April market pullback. Inflation protection through dividend growth: Companies with long histories of raising dividends often increase payouts faster than the rate of inflation, providing a natural cost-of-living adjustment that bonds cannot offer. What to Look for in a Quality Dividend-Paying Company Not every company that pays a dividend deserves a place in a retirement portfolio. On the show, the team walked through the characteristics they look for when evaluating dividend-paying companies: consistent and growing cash flow, disciplined management that keeps the payout ratio low enough to sustain the dividend through downturns, and a long track record of not just paying but raising the dividend year after year. When a company’s long-term dividend growth rate outpaces inflation — say 7% annually versus inflation running at 2–2.5% — it provides the kind of real purchasing power growth that fixed-income investments simply can’t match. That built-in inflation adjustment is one of the key reasons dividend-paying stocks can be a powerful complement to bonds in a retirement portfolio. This is the type of company-level research that sets personalized investment management apart from autopilot approaches. At Dupree Financial Group, the team regularly conducts direct calls with company investor relations departments — sometimes 15 or more in just a few weeks — to understand the quality of the underlying business, the consistency of cash flow, and the sustainability of the dividend. As Tom Dupree emphasized: “The bottom line is you want to be invested in a company that is a good business, and if you’re going to pay dividends, that they’re not paying everything out in dividends. What is the underlying business that’s generating the cash flow that’s paying those dividends? That’s what you want to know.” Dividends Have Driven Nearly Half the S&P 500’s Total Return The numbers behind dividend investing are striking. According to data discussed on the show and supported by research from S&P Dow Jones Indices, dividends have accounted for approximately 42% of the S&P 500’s total return from 1930 through 2017. Looking at a more recent window — from 1960 through 2024 — reinvested dividends accounted for roughly 85% of cumulative total return. As Mike put it, “Almost the majority of the return has come from reinvested dividends. And you think about it too — a lot of the companies that don’t pay dividends because they didn’t make it to that mature business, those are the ones that end up being a big goose egg.” This long-term data reinforces why Dupree Financial Group’s approach to retirement portfolio management centers on dividend-paying quality companies rather than chasing momentum stocks or speculative trends. The Emotional Cost of Market Timing — and How Dividends Help One of the most powerful segments of the episode focused on the role emotions play in investment returns. James Dupree brought up a statistic that Mike had independently prepared: over a 30-year period ending June 2025, the S&P 500 delivered an annualized return of 8.4%. But missing just the 10 best trading days — out of nearly 11,000 — dropped that return to 5.6%. Miss the best 20 days and you’re down to 3.7%. Miss 30 days and you’re barely keeping pace with inflation at 2.1%. Resources from FINRA’s investor education center consistently reinforce this point: the cost of trying to time the market far exceeds the discomfort of staying invested through volatility. James Dupree highlighted the communication side of this equation: “The result of the education is also very good communication, and through that communication, it takes a lot of the mystery out of the process. What you own and why. And as a result, when the market goes wonky, which it inevitably does, our phones do not ring off the hook because there is confidence in the process.” This kind of relationship — built on education, transparency, and regular communication — is what separates working with a local financial advisor who provides direct access to your portfolio managers from being assigned to an investment counselor at a large national firm. When you know the people managing your money and understand the strategy behind every holding, you’re far less likely to make the emotional mistakes that derail long-term returns. You can hear from other clients about their experience on our client testimonials page. Why Target Date Funds and Autopilot Investing Fall Short in Retirement The episode also addressed a common trap for people approaching retirement: staying in target date funds or other autopilot investment vehicles. Mike explained that a target date fund is an open-end mutual fund — essentially a fund of funds — that automatically adjusts its allocation based solely on a target retirement date. It takes no account of the investor’s personal situation, current market conditions, or individual income needs. As Mike pointed out, “They probably filled that form 30 years ago, and they haven’t updated it since. And now they’re getting closer to retirement, and they still have that target date fund. That’s autopilot.” This is one of the key reasons Dupree Financial Group uses separately managed accounts rather than mutual fund packages. Each client owns individual stocks and bonds in their own account — real companies with real dividends — rather than being pooled into a one-size-fits-all product. This approach allows for active portfolio management, tax-efficient decisions, and the kind of personalized attention that a fee-based fiduciary advisor can provide. Not All High-Yield Stocks Are Created Equal An important caution from the episode: high dividend yield alone is not a reason to buy a stock. Mike emphasized, “We concentrate on quality — quality of the income, quality of the cash flow of the company, and the quality of management. If you’re looking for things just because it has a high yield, that can get you into big trouble.” The Dupree team actively manages current yield across the portfolio, trimming positions that have appreciated significantly (and whose yield has declined) in favor of quality companies offering higher current income. This dynamic approach — grounded in ongoing company research and regular client reviews — is part of what makes a personalized portfolio analysis so valuable for people approaching or living in retirement. Schedule Your Complimentary Portfolio Review If you’re thinking about retirement or are already retired and want to understand whether your portfolio is positioned to generate reliable income through market ups and downs, schedule a complimentary portfolio review with Dupree Financial Group. The team will walk you through what you own, why you own it, and how a dividend-focused income strategy could work for your situation.

In his first “60 to 90 days” as CFO of Presidio, Manny Korakis learned that preparation doesn't cancel pressure, he tells us. “Now the buck stops here,” he tells us, and he “didn't really appreciate the pace” required until he was living it daily, he tells us.Korakis traces his move into enterprise thinking back to the McGraw Hill companies. Early on, he was “very technical” and “pretty close” to a singular controllership focus, he tells us. Then a mentor CFO pulled him into what they called the “growth and value plan,” he tells us. He worked on the “system landscape” and “data flow,” and on portfolio decisions about which assets were core and which were “distracting,” he tells us. That work drove the separation of McGraw Hill Education from the rest of McGraw Hill and a rebranding to “S&P Global,” he tells us. It also surfaced “hidden gems of value,” he tells us. Seeing theory turn “real life” became his “aha moment,” he tells us.In a later chapter, Korakis served as CFO of S&P Dow Jones Indices, where partners were aligned “in many cases,” but “not always aligned,” he tells us, requiring balance of “different needs and expectations,” he tells us.That arc shapes how he defines finance: not just “counting the beans,” but “highlighting the key things” so others decide better, he tells us. Today, he says finance “own[s] the model” for where Presidio wants to go, he tells us, and AI starts with “bite sized pieces,” he explains.

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3343: Jesse Cramer unpacks why Warren Buffett labeled derivatives and leverage as “financial weapons of mass destruction,” showing how these tools can amplify both profits and catastrophic losses. Through real-world analogies and examples like the 2008 financial crisis and Long-Term Capital Management, Jesse urges everyday investors to recognize the hidden risks around them and stick to steady, sustainable strategies. Read along with the original article(s) here: https://bestinterest.blog/financial-mass-destruction/ Quotes to ponder: “Neither derivatives nor leverage is free.” “The range of derivatives contracts is limited only by the imagination of man, or sometimes so it seems, madmen.” “Wall Street ends up trillions of dollars too optimistic, until the music stops.” Episode references: When Genius Failed by Roger Lowenstein: https://www.amazon.com/When-Genius-Failed-Long-Term-Management/dp/0375758259 The Big Short by Michael Lewis: https://www.amazon.com/Big-Short-Inside-Doomsday-Machine/dp/0393338827 Odd Lots Podcast (featuring Brad DeLong): https://www.bloomberg.com/podcasts/odd-lots SPIVA U.S. Scorecard by S&P Dow Jones Indices: https://www.spglobal.com/spdji/en/research-insights/spiva/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3343: Jesse Cramer unpacks why Warren Buffett labeled derivatives and leverage as “financial weapons of mass destruction,” showing how these tools can amplify both profits and catastrophic losses. Through real-world analogies and examples like the 2008 financial crisis and Long-Term Capital Management, Jesse urges everyday investors to recognize the hidden risks around them and stick to steady, sustainable strategies. Read along with the original article(s) here: https://bestinterest.blog/financial-mass-destruction/ Quotes to ponder: “Neither derivatives nor leverage is free.” “The range of derivatives contracts is limited only by the imagination of man, or sometimes so it seems, madmen.” “Wall Street ends up trillions of dollars too optimistic, until the music stops.” Episode references: When Genius Failed by Roger Lowenstein: https://www.amazon.com/When-Genius-Failed-Long-Term-Management/dp/0375758259 The Big Short by Michael Lewis: https://www.amazon.com/Big-Short-Inside-Doomsday-Machine/dp/0393338827 Odd Lots Podcast (featuring Brad DeLong): https://www.bloomberg.com/podcasts/odd-lots SPIVA U.S. Scorecard by S&P Dow Jones Indices: https://www.spglobal.com/spdji/en/research-insights/spiva/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3343: Jesse Cramer unpacks why Warren Buffett labeled derivatives and leverage as “financial weapons of mass destruction,” showing how these tools can amplify both profits and catastrophic losses. Through real-world analogies and examples like the 2008 financial crisis and Long-Term Capital Management, Jesse urges everyday investors to recognize the hidden risks around them and stick to steady, sustainable strategies. Read along with the original article(s) here: https://bestinterest.blog/financial-mass-destruction/ Quotes to ponder: “Neither derivatives nor leverage is free.” “The range of derivatives contracts is limited only by the imagination of man, or sometimes so it seems, madmen.” “Wall Street ends up trillions of dollars too optimistic, until the music stops.” Episode references: When Genius Failed by Roger Lowenstein: https://www.amazon.com/When-Genius-Failed-Long-Term-Management/dp/0375758259 The Big Short by Michael Lewis: https://www.amazon.com/Big-Short-Inside-Doomsday-Machine/dp/0393338827 Odd Lots Podcast (featuring Brad DeLong): https://www.bloomberg.com/podcasts/odd-lots SPIVA U.S. Scorecard by S&P Dow Jones Indices: https://www.spglobal.com/spdji/en/research-insights/spiva/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Radhika Das, IFN Journalist, interviews Jessica Tan, Principal, Fixed Income Indices, S&P Dow Jones Indices, on Sukuk index methodology and screening criteria, and future trends in integrating ESG factors with Shariah compliant fixed income benchmarks

Tune in to this episode of the Security Token Show where this week Herwig Konings and Kyle Sonlin cover the industry leading headlines and market movements, including Wyoming issuing their own stablecoin, DBS expanding to non-bank clients, and DigiFT raising $25M, tokenized indices coming onchain, and more RWA news   Company of the Week - Herwig: Avalanche Company of the Week - Kyle: Fanable   Market Movements: Wyoming is First State to Launch Stablecoin: Frontier Stable Token (FRNT): https://www.coindesk.com/business/2025/08/19/wyoming-state-debuts-u-s-dollar-stablecoin-on-seven-blockchains Anthony Scaramucci's SkyBridge Capital to Tokenize $300M Worth of 2 Funds on Avalanche via Apex Group's Digital 3.0 Platform: https://tokeny.com/skybridge-capital-partners-with-tokeny-to-tokenize-300min-hedge-funds-on-avalanche?hss_channel=lcp-4874605 REtokens Introduces Their Broker-Dealer/ATS: REtokens Capital: https://retokens.com/announcing-retokens-capital-llc-broker-dealer-with-new-secondary-marketplace/ S&P Dow Jones Indices to Tokenize Index Products: https://www.bitget.com/news/detail/12560604915409 Centrifuge's deRWAs Go Live on Base with Tokenized Janus Henderson CLOs: https://crypto.news/centrifuge-launches-tokenized-real-world-assets-on-evm-platforms/ Epic Chain is Getting Into RWAs Through XRP-Based Platform: https://www.livebitcoinnews.com/epic-chain-launches-xrp-based-rwa-platform-to-revolutionize-finance/   Companies in the Token Debrief Include: DBS, ADDX, DigiFT, HydraX, Bitget, Swarm, Hedera, SBI, Bowmore, Avalanche, Valereum/ VLRM Markets, ZIGChain, DigiShares, Zoth, Haven1, Stellar Development Foundation, Archax, RealEstate.Exchange, FraXion, The Legacy, FIS ==== TokenizeThis 2025 Conference Review: https://docsend.com/v/k8bn7/tt25 STM Predicts $30-50T in RWAs by 2030: https://docsend.com/view/7jx2nsjq6dsun2b9 More STM.co Reports: https://reports.stm.co/ Join the RWA Foundation and Read the Whitepaper: RWAF.xyz Learn More About WALLY DAO: WallyDAO.xyz ==== ⏰ TABLE OF CONTENTS ⏰ 0:00 Introduction 0:16 Welcome 1:06 Market Movements 24:10 RWA Foundation Updates 26:24 Token Debrief 38:39 Companies of The Week

While some of the metrics for the world's largest and deepest sharemarket remain extraordinary – new all-time highs, the highest level of concentration since the 1930s, company margins 50% above their long run average – the wins keep coming. So is it time to trim, add or hold? S&P Dow Jones Indices' Howard Silverblatt has been covering the US for 48 years, and shares: How company sales have just hit an all time record Whether the highs can keep coming, Which sectors are thriving, and which are surviving Why we can't ignore the billions the Big Beautiful Bill will add to the economy, and Why traders have to trade what's in front of them, but investors have different objectives You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean, Spotify or at nabtrade.com.au/yourwealth. If you're short on time, consider listening at 1.5-2x speed, which should be shown on the screen of your device as you listen. This won't just reduce your listening time; it has also been shown to improve knowledge retention.

Kevin covers the following stories: "They said it couldn't be done but President Trump keeps doing it anyway." - Phil Flynn, Price Futures Group; S&P Dow Jones Indices released the May 2025 results for the S&P CoreLogic Case-Shiller Indices - U.S. prices; the Conference Board released the U.S. consumer confidence index; Daimler Truck announced a major change in their focus on certain trucklines, job cuts and the challenges they face this year; J.B. Hunt releases 2nd Qtr. results; Kevin sorts through the data, discusses the details, puts the information into perspective, offers his insights and some opinions. Oil and gas prices react to continuing U.S. - China trade talks, President Trump's shorter deadline for Russia to negotiate an end to the war with Ukraine or face more severe sanction on its oil flows, the upcoming Federal Reserve's interest rate decision and the trade agreement between the U.S. and the EU. Kevin makes predictions on what the 2nd Qtr. GDP will be and whether the Federal Reserve will reduce interest rates.

Kevin covers the following stories: "They said it couldn't be done but President Trump keeps doing it anyway." - Phil Flynn, Price Futures Group; S&P Dow Jones Indices released the May 2025 results for the S&P CoreLogic Case-Shiller Indices - U.S. prices; the Conference Board released the U.S. consumer confidence index; Daimler Truck announced a major change in their focus on certain trucklines, job cuts and the challenges they face this year; J.B. Hunt releases 2nd Qtr. results; Kevin sorts through the data, discusses the details, puts the information into perspective, offers his insights and some opinions. Oil and gas prices react to continuing U.S. - China trade talks, President Trump's shorter deadline for Russia to negotiate an end to the war with Ukraine or face more severe sanction on its oil flows, the upcoming Federal Reserve's interest rate decision and the trade agreement between the U.S. and the EU. Kevin makes predictions on what the 2nd Qtr. GDP will be and whether the Federal Reserve will reduce interest rates.

Tune in to this episode of the Security Token Show where this week Herwig Konings and guest contributors, Tal Elyashiv, Managing Partner at SPiCE VC, Nico Pantelis, Partner at Blue Bay Ventures, and Jason Barraza cover the industry leading headlines and market movements, including Robinhood's tokenized stocks, stablecoin issuers like Circle and Ripple applying for bank charters, SPiCE VC's 3rd investor payout, and more RWA news!   This week Jason Barraza had a chance to sit with Yuval Rooz, Co-Founder and CEO of Digital Asset, for an inside look at their $135 million raise, the growing momentum behind Canton Network including integrating with Nasdaq Calyspo, and why privacy, composability, and real world asset tokenization as a whole are going to change global markets.  Did Yuval leave you on a cliff hanger before the RWA Foundation Updates? Jason and Yuval dive into it and more on the full interview available here: https://youtu.be/Aj4URNZo9uM    Company of the Week - Herwig: Robinhood   Companies in the news include SPiCE VC, Circle, Ripple, Robinhood, Republic, SpaceX, OpenAI, S&P Dow Jones Indices, Centrifuge, Anemoy, Janus Henderson, Midas, Fasanara, Morpho, Steakhouse Financial, Bitfinex Securities, Castle Community Bank, Arbra, Colb, Gemini, Arbitrum, Euroclear, Abu Dhabi Securities Exchange, FAB, HSBC, Bybit, xStocks, Dinari, BitGo, Spiko, Chainlink, MetaWealth, Securitize, Redstone, Apex Group, GLEIF, ERC-3643 Association, Kinexys by J.P.Morgan, S&P Global, Particula, 21X, GF Securities, Hashkey, OnRe, Lynq Network, European Central Bank, Ondo, Pantera, Zult, Stable, AMINA, Ripple, Paxos, World Liberty Financial, Plume, Paul Atkins/ SEC, SIFMA   Check Out Tal's Book “Investing in Revolutions”: https://www.amazon.com/Investing-Revolutions-Creating-Transformational-Technology/dp/B0DKS3YFWV#detailBullets_feature_div    TokenizeThis 2025 Conference Review: https://docsend.com/v/k8bn7/tt25  STM Predicts $30-50T in RWAs by 2030: https://docsend.com/view/7jx2nsjq6dsun2b9    More STM.co Reports: https://reports.stm.co/  Join the RWA Foundation and Read the Whitepaper: RWAF.xyz  Learn More About WALLY DAO: WallyDAO.xyz    ⏰ TABLE OF CONTENTS ⏰ 0:00 Introduction 0:16 Welcome 0:47 Market Movements 34:06 STS Interviews: Yuval Rooz, Digital Asset 45:23 RWA Foundation Updates 46:52 Token Debrief 58:18 Companies of The Week  

Let us know your thoughts. Send us a Text Message. Follow me to see #HeadsTalk Podcast Audiograms every Monday on LinkedInEpisode Title:

John Welling, Senior Director Head of Global Equity Indices, S&P Dow Jones Indices

Change can often feel daunting when navigating career transitions, but it can also be the beginning of great opportunities.  In this episode, Kristine Delano and Koel Ghosh talk about the importance of embracing change and discovering fulfilling paths beyond conventional definitions of success.  Koel Ghosh is a Senior Growth Advisor at Eminence Strategy Consulting, specializing in reputation management. She is also leading the India Chapter for Women in ETFs, a global non-profit organization for the ETF industry. With over two decades of experience in finance, Koel has held key leadership positions, including former Head of South Asia at S&P Dow Jones Indices and Managing Director and CEO of Asia Index Private Limited, significantly advancing passive investing in India. Her comprehensive expertise in asset management spans various renowned financial institutions such as Thompson Reuters, UTI Asset Management, and IL&FS Asset Management Limited. A Chartered Accountant, she was recognized by the Association of International Wealth Management of India as one of the top 100 women in finance in 2019. In addition to her professional achievements, Koel enjoys painting with various mediums and has a passion for baking sweet treats. Follow on Instagram kristine.delano.writer  Visit www.womeninetfs.com to find additional support in the ETF industry.  Go to www.kristinedelano.com for your Thrive Guide: a compilation of the most requested and insightful advice from our guests on Leadership and Advancement. Koel's Acknowledgements: Alex Matturri Douglas Peterson Martina Cheung Lakshmi Iyer Ashish Chauhan

John Welling, Senior Director Head of Global Equity Indices, S&P Dow Jones Indices

·       Core inflation slows to 3.6% in the U.S.  ·       U.S. equity and bond markets rally in wake of April inflation report·       European stocks rise amid improving economic outlook DisclosuresThese views are subject to change at any time based upon market or other conditions and are current as of the date at the top of the page.Investing involves risk and principal loss is possible.Past performance does not guarantee future performance.Forecasting represents predictions of market prices and/or volume patterns utilizing varying analytical data. It is not representative of a projection of the stock market, or of any specific investment.This material is not an offer, solicitation or recommendation to purchase any security. Nothing contained in this material is intended to constitute legal, tax, securities or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type.The general information contained in this publication should not be acted upon without obtaining specific legal, tax and investment advice from a licensed professional.  The information, analysis and opinions expressed herein are for general information only and are not intended to provide specific advice or recommendations for any individual entity.Please remember that all investments carry some level of risk. Although steps can be taken to help reduce risk it cannot be completely removed. They do no not typically grow at an even rate of return and may experience negative growth. As with any type of portfolio structuring, attempting to reduce risk and increase return could, at certain times, unintentionally reduce returns.Investments that are allocated across multiple types of securities may be exposed to a variety of risks based on the asset classes, investment styles, market sectors, and size of companies preferred by the investment managers. Investors should consider how the combined risks impact their total investment portfolio and understand that different risks can lead to varying financial consequences, including loss of principal. Please see a prospectus for further details.Indexes are unmanaged and cannot be invested in directly.The S&P 500® Index, or the Standard & Poor's 500, is a stock market index based on the market capitalizations of 500 large companies having common stock listed on the NYSE or NASDAQ.The Dow Jones Industrial Average (DJIA) is a stock market index of 30 large U.S. companies created by Dow Jones & Company co-founder Charles Dow. First calculated in 1896, the DJIA is currently owned by S&P Dow Jones Indices, which is majority owned by S&P Global.Copyright © Russell Investments Group LLC 2024. All rights reserved.This material is proprietary and may not be reproduced, transferred, or distributed in any form without prior written permission from Russell Investments. It is delivered on an “as is” basis without warranty.CORP-12498date of first use: May 2024

Episode Summary: In this episode of "Becoming Work Optional," hosts Matt and Rachael explore the basics of investing and address common misconceptions. They debunk the myth that successful investing requires access to exclusive investment options and emphasize the importance of making educated decisions. The discussion covers asset allocation, the debate between active and passive investing, and the impact of tax efficiency and expense ratios on investment returns.Key Points Discussed:Simplicity in Investing:Matt and Rachael emphasize that investing success doesn't hinge on complexity or access to exclusive options. They argue that basic understanding and education outweigh the allure of complicated strategies promoted through social media or by celebrities.Asset Allocation and Diversified Portfolios:The importance of asset allocation is highlighted as crucial for managing risk and achieving consistent long-term performance. Rachael introduces three tests to help listeners determine their proper asset allocation based on their ability, willingness, and need to take on risk.Debating Active vs. Passive Investing:The hosts debate the merits of active versus passive investing. They discuss findings from a study by S&P Dow Jones Indices, which suggests that actively managed funds often underperform their benchmarks, particularly over longer periods. The study can be found HERE.Tax Efficiency and Expense Ratios:The discussion turns to the importance of considering tax efficiency and the impact of expense ratios on investment returns. The hosts agree that controlling costs is essential for maximizing long-term capital gains and that passive or index funds often offer more tax-efficient and cost-effective options.This episode serves as a comprehensive guide for listeners looking to understand the foundations of investing and how to approach it in a thoughtful and informed manner.Connect with us:RachaelX/Twitter - @camp_wealthrachaelcampwealth.comMattX/Twitter - @matthew_garasicunrivaledwm.comDisclaimer: This podcast provides general information and discussion about finance, investing, and related subjects. The content provided in this podcast is not intended as investment advice and should not be taken as such. Always seek the advice of a professional or conduct your own research before making financial decisions.Rachael Camp offers advisory Services are offered through Creative Financial Designs, Inc., a Registered Investment Adviser, and Securities are offered through cfd Investments, Inc., a Registered Broker/Dealer, Member FINRA & SIPC, 2704 S. Goyer Rd., Kokomo, IN 46902. 765-453-9600.Neither Camp Wealth or Unrivaled Wealth Management are affiliated with the CFD companies or each other.

Today we are diving into the bones of Exchange-Traded Funds. Without them we'd have no form and nothing to offer investors. Who are these essential minds? ETF Analysts are scientists, detectives, and reporters all rolled up into the span of a single trading session. We have two fantastic guests to give us a peek at what they do. Anu Ganti and Rachel Liang are joining us for today's episode. Anu R. Ganti is Senior Director, Index Investment Strategy at S&P Dow Jones Indices. She is also a frequent contributor to both print and broadcast media outlets. Prior to joining S&P DJI, Anu worked in the asset management space, completing a post-MBA rotational program at Russell Investments within their fixed income research and trading divisions and working as a portfolio manager focusing on emerging market equities at Parametric Portfolio Associates (subsidiary of Eaton Vance). Anu is a CFA charterholder and holds an MBA in finance and economics from Columbia Business School, and a bachelor's degree in finance and marketing from NYU's Stern School of Business. She is married and lives with her husband in suburban New Jersey. Rachel Liang is an experienced ETF Capital Market Research Analyst with a deep background in quantitative and data analytics field. Born and raised in northern China, she relocated to the U.S. in 2012. Rachel holds a bachelor's degree of Applied Mathematics in Beijing Institute of Technology, and a master's degree of Financial Mathematics from Rutgers in New Jersey. She currently lives and works in New York City. Outside of work, Rachel loves Jazz music, reading, and baking in winter times. She holds Series 7 and 63, and is a CFA charterholder.  Kristine Delano guides the conversation about how curiosity, creativity, and communication all play vital roles for Analysts as they navigate the evolving industry of ETFs.  Follow on Instagram kristine.delano.writer  Visit www.womeninetfs.com to find additional support in the ETF industry.  Go to www.kristinedelano.com for your Thrive Guide: a compilation of the most requested and insightful advice from our guests on Leadership and Advancement. In partnership with https://www.etfcentral.com/ Book recommendations:  Rogue Trader by Nick Leeson Trillions: How a Band of Wall Street Renegades Invented the Index Fund and Changed Finance Forever by Robert Wigglesworth Mentor Mentions: Craig Lazzara - S&P Dow Jones Indices Tim Edwards - S&P Dow Jones Indices   WE Talk Careers Podcast Episode Link: Indexing Your Career with Joy Yang 

In this episode of Paisa Vaisa, Anupam Gupta is joined by Benedek Voros, Director of Index Investment Strategy at S&P Dow Jones Indices. Benedek shares insights on S&P Dow Jones Indices' role, delves into the latest SPIVA report's key takeaways and celebrates SPIVA's 20th anniversary. They also discuss the booming trend of passive investment in India, explore factor investing and uncover the case for multi-factor strategies in the dynamic Indian market.Connect with Benedek Boros on Website |  LinkedIn  Get in touch with our host Anupam Gupta on social media:Twitter: ( https://twitter.com/b50 )Instagram: ( https://www.instagram.com/b_50/ )LinkedIn: (https://www.linkedin.com/in/anupam9gupta/ ) You can listen to this show and other awesome shows on the IVM Podcasts website at https://www.ivmpodcasts.com/You can watch the full video episodes of PaisaVaisapodcast on the YouTube channel.Do follow IVM Podcasts on social media.We are @ivmpodcasts on Facebook, Twitter, & Instagram.See omnystudio.com/listener for privacy information.

George Milling-Stanley, chief gold strategist at State Street Global Advisors, says that a recession or period of slower growth will hurt the dollar and domestic stocks, creating ideal conditions for gold, particularly with the confluence of higher-for-longer inflation and election-year politics. Milling-Stanley notes that while gold has not been a great hedge against the recent inflation, he expects it to do better in that role going forward because 'we have not yet had the kind of inflation that gold has historically offered protection against.' Also on the show, Hamish Preston of S and P Dow Jones Indices, discusses how the stock market in July hit thresholds for success that had not been seen in nearly 30 years, Greg McBride of BankRate.com discusses Americans' most common financial regrets and, in the Market Call,  Cullen Roche of the Discipline Funds talks systematic investment in exchange-traded funds.

In 2022, insurance company holdings in Exchange Traded Funds experienced a significant drop of over 23% or $11 billion. That is the first drop of its kind since insurers began investing in ETFs in 2004. And that's what we're going to talk about today: insurance companies and their use of ETFs. We're joined by Ben Woloshin who is the head of SPDR Insurance at SSGA and Raghu Ramachandran, who is the Head of US Insurance Asset Channel at S&P Dow Jones Indices.

As we know, I'm a huge advocate for index investing and today on the More Money Podcast I have two guests who are sharing their expertise on the subject including some of the pitfalls of investing in actively managed funds. Anu Ganti and Joseph Nelesen, both Senior Directors of Index Investment Strategy at S&P Dow Jones Indices, are joining me today and I'm telling you, this episode is chock-full of valuable investing info! Anu is a CFA charterholder and holds her MBA in finance and economics from Columbia Business School, as well as her bachelor's degree in finance and marketing from NYU's Stern School of Business. She is often sharing her expertise with both print and broadcast media outlets and helps lead the index investment strategy team in providing research and commentary on the entire S&P DJI product set, including U.S. and global equities, thematics, commodities, fixed income, and sustainability indices. Prior to joining the team, Anu worked in the asset management space, completing a post-MBA rotational program at Russell Investments within their fixed-income research and trading divisions and also worked as a portfolio manager focusing on emerging market equities at Parametric Portfolio Associates (a subsidiary of Eaton Vance). Joseph holds a Ph.D. from Northwestern University, an MBA from the Kenan Flagler Business School at University of North Carolina, and a Bachelor of Arts with honors from the University of California at San Diego. He also helps lead the index investment strategy team, but prior to working at S&P DJI he headed iShares Institutional Factors Strategy at Blackrock and held roles in exchange-traded product research and development. Joseph also previously worked in mergers and acquisitions and corporate investment banking with Citigroup and Bear, Stearns & Co. In this episode, Joseph and Anu challenge the myth that indexing only yields average investment returns and share how SPIVA measures actively managed funds against their index benchmarks worldwide using the data and insights they've gained over the past 20 years. This episode is full of some great information and will definitely be perfect for anyone wanting to understand why index investing is a tried and true long-term investment strategy. For full episode show notes visit: https://jessicamoorhouse.com/370

We're honored to be joined by Tim Edwards, the Managing Director of Index Investment Strategy at S&P Dow Jones Indices. With a distinguished past at Barclays Capital and the Royal Institution of Great Britain, as well as having a Ph.D. in pure mathematics, Tim's expertise spans a wide range of investment strategies and market insights that will help us better understand passive investing.Read the full article here.Hey! Can we have a little chat?If you're picking up what I'm putting down, help me build the Everyday Investor community!Sign up to New Wealth Foundations here: A self-guided personal finance course designed from a wealth-builder's perspective.Spread the word: Write a review anywhere you can, share posts on social media, vote for Pedro! Follow me on YouTube, and if you can, subscribe on Spotify also. Have a burning question you'd like answered? Click here!Use the following referral/affiliate links. In some cases with these codes, I may receive a financial benefit - in other cases I've waived any benefit so you can get a better deal.HatchSharesiesEasy CryptoSharesight: (Get 5 months free)CMC Markets: *Note CFD's are incredibly high risk investment options(read more here)Want to learn more about working with Darcy Ungaro (financial adviser), book in a free 15-min phone call - click on this link.What else?1 - Most topics are inspired by YOU! Tell me more about yourself here!. Keen to simply ask a question: Click here. Keen to chat at a business level: Click here.2 - Subscribe to YouTube to get earlier access, and participate in live events.3 - Sign up to the NZ Everyday Investor Newsletter!

This week James is going solo with special guest Tim Edwards, Managing Director and Global Head of Index Investment Strategy at S&P Dow Jones Indices. Hosted on Acast. See acast.com/privacy for more information.

Home prices have finally fallen from a year-ago levels, according to a commonly used indicator of data. Last month, investors received a slate of home price data for December and January from the National Association of Realtors and S&P Dow Jones Indices. The Realtors Association indicated that the median single-family home sold for $363,100 in January, up 0.7% year-over-year, while December data from the S&P CoreLogic Case-Shiller Home Price Indices' reflected a national price increase of 5.8% year-over-year. More frequent data shows the housing market may have reached a turning point in February, with thin price gains turning into declines. Redfin said on Thursday that its measure of the median home sale price fell by 0.6% over a four-week period covering most of February.In this episode of The Higher Standard, Chris and Saied examine this news as well as other articles on the US housing market. Housing price and mortgage application indices have reached their lowest levels since the Great Recession in 2007.Chris and Saied will debunk Dave Ramsey's concept of supply and demand. They also talk about why they believe house prices must fall. Chris will discusses the younger generation's sense of entitlement in the office as well as the concept of communication in the workplace. Billionaire Charlie Munger expressed his opinion on cryptocurrencies by saying, "It's just ridiculous that anyone buys this stuff." They offer their insights on cryptocurrencies and Charlie Munger's interview. They look at CNBC's reports about crypto bank Silvergate Capital, whose shares have plummeted. According to MarketWatch, Silvergate shares have lost over 97% of their value since hitting an all-time high in November 2021.Join Chris and Saied for this fascinating and informative conversation about debt, especially for people in their 30s, and what's best thing to do with your money. Spoiler alert: It just might be to keep it in cash.What You'll Learn in this Show:Why affordability is a powerful factor.Why house prices have fallen more slowly in the Midwest.How CPI is significantly affected by home prices.Shoul you get a salary adjustment if you moved to Utah?Some of the biggest misconceptions for consumers when submitting their financial information to a bank.Millennials' growing debt.And so much more...Resources:The housing market correction, as told by 4 charts | FortuneBillionaire Charlie Munger: Cryptocurrency is 'crazy, stupid gambling,' and 'people who oppose my position are idiots'Here's the real challenge facing Silvergate and other 'crypto banks,' says this short seller - MarketWatchAmericans in Their 30s Are Piling On Debt - WSJ

In this episode of First Look ETF Extra, Stephanie Stanton chats with Craig Lazzara, Managing Director at S&P Dow Jones Indices. Besides allowing investors the opportunity to capture key market trends, factor investing also allows investors to customize their portfolio's equity exposure. But how do factors perform in a variety of market conditions? And does combining different factors change the story?Lazzara explains the history of factor based index investing and provides an update about the performance of S&P 500 factor indices in various market conditions. Also up: Lazzara analyzes how growth in the ETF marketplace has driven expansion of factor investing. To learn more about the S&P 500 Factor Indices visit:https://www.spglobal.com/spdji Watch us on YouTube (Link http://www.youtube.com/etfguide)Follow us on Twitter @ETFguide (Link https://twitter.com/etfguide)Visit us at ETFguide.com (https://www.etfguide.com)

In this Spotlight episode, Arianne Alcorta with @etfguide chats with Anu Ganti, Senior Director on the Index Investment Strategy Team at S&P Dow Jones Indices. Ganti breaks down the latest performance trends contained within the SPIVA scorecard, a semi-annual report on the performance trends of actively managed funds against their relevant benchmark. The SPIVA scorecard is celebrating its 20-year history and it's the go-to tool for measuring active funds vs. their corresponding benchmarks in global markets across different asset classes and investment strategiesTo learn more about the SPIVA scorecard visithttps://www.spglobal.com/spiva 

We've been seeing signs of a housing market pullback, but it's now official that home price growth is slamming on the brakes. The S&P CoreLogic Case-Shiller home price data is considered the gold standard for home prices, and the July numbers are now showing the first month-over-month decline since 2012.Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review. National Home Price IndexThe report, released on September 27th, shows that national home prices were down .2%, for an annual rate of 15.8%. In June, the annual rate was 18.1%. CoreLogic says the difference between those two months is the steepest decline in the history of the index. (1)Managing Director at the S&P Dow Jones Indices, Craig Lazarra, says the slide in pricing “reflects a forceful deceleration.” He says: “As the Federal Reserve continues to move interest rates upward, mortgage financing has become more expensive, a process that continues to this day. Given the prospects for a more challenging macroeconomic environment, home prices may well continue to decelerate.” (2)20-City Home Price IndexThe 20-City Home Price Index shows a bigger slowdown in price growth. The month-over-month reading was down .4% for an annual rate of 16.1% in July. It was 18.7% in June.Annual price growth is still quite high in some metros. Tampa is at the top of that list with the largest year-over-year gains of 31.8% in July. Miami was second with 31.7%. Dallas follows with 24.7%.Home Prices Decline as Mortgage Rates RiseHome prices have been declining as mortgage rates rise. Home loans are currently around the 7% level, after a long period of very low rates. That's happening in conjunction with the Federal Reserve's effort to bring inflation back down to 2%. Although the Fed's actions are not directly connected to mortgage rates, they do influence them.Many homebuyers can't afford to pay the high cost of a mortgage along with a high-priced home, so that's taking some of the sizzle out of home sales, and home price growth. A lack of inventory is still putting pressure on home prices however, but the momentum of that upward trajectory is slowing down.Other Home Price ReportsA separate report from the Federal Housing Finance Agency also shows a similar drop in home prices. It says that prices were down .6% in July compared to June, and that June only produced a .1% gain in home prices. Year-over-year, the FHFA index was up 13.9%.John Burns Real Estate Consulting also tracks home prices in 148 markets. According to that data, 98 of those markets have seen a drop in home values from a peak earlier this year. Eleven of the markets show a decline of more than 5%. (3)Zillow also reports that home values have fallen in 89 of the 150 largest U.S. markets. And in ten of those markets, values have fallen more than 5%.Metros seeing the biggest price declines are the high-cost tech hubs and frothy work-from-home destinations. Among the high-cost tech hubs with the biggest price declines are San Jose, San Francisco, and Seattle. The work-from-home metros with the biggest price declines include Austin, Boise, and Phoenix.Real estate analysts say the new data is showing them that the expected home price correction is more pronounced and more widespread than they previously expected.If you want to keep up with real estate news, please subscribe to this podcast. You can also find out more about how to succeed as a real estate investor at our website (newsforinvestors.com). Just hit the “Join for Free” button at the top of the page, for access to our Learning Center and our Investor Portal.And please remember to leave a review!Thank you! And thanks for listening. I'm Kathy Fettke.Links:1 - https://www.corelogic.com/intelligence/reports/us-corelogic-sp-case-shiller-index-takes-another-step-back-in-july-up-15-8-versus-18-1-in-june/2 - https://www.cnn.com/2022/09/27/homes/case-shiller-july-20223 - https://fortune.com/2022/09/28/housing-market-home-price-correction-2022/

Active managers have, historically, had a tough time beating their benchmarks. Yet this year may prove to be an exception; nearly half of large-cap managers are outperforming. Can they keep it up? And can anything really reverse the massive migration to passive investing at this point? On this episode, Eric Balchunas and Joel Weber speak with Tim Edwards of S&P Dow Jones Indices, who oversees the SPIVA report, aka the ultimate active vs. passive scorecard. With his just-published latest installment in hand, Edwards talks through where active is doing well (and not so well), the role of fees in returns, and why bond funds tend to better than stock funds.See omnystudio.com/listener for privacy information.

In this episode Jason sits down with Avik Roy. Avik is President of the Foundation for Research on Equal Opportunity, policy editor at Forbes, former analyst and portfolio manager at the investment firms Bain Capital, JPMorgan Chase & founder of the healthcare-focused hedge fund Mymensingh Partners. Avik shares his thoughts on CBDC's vs stable coins, the private sector's role within the economy, the incoming entitlement crisis and his current Bitcoin thesis. Avik's expertise covers a variety of topics, so we couldn't be more pleased to bring you this episode of Empire. ––– LUKKA Lukka Prime is crypto asset pricing data aligned to accounting standards like GAAP and IFRS. Lukka Prime Pricing Data is the pricing source used by S&P Dow Jones Indices' for their new cryptocurrency indices. Lukka Prime is the world's first fair market value pricing source for crypto assets and the best option for all post-trade reporting needs. Visit lukka.tech/empire to learn more. ––– EXODUS Download the app today at http://exodus.com/empire and iOS users can buy up to $500 in Bitcoin for just $1 for a limited time. ––– Empire is brought to you by Blockworks, a financial media brand delivering breaking news and premium insights about digital assets to millions of investors. For more content like Empire, visit http://blockworks.co/podcasts. Follow me on Twitter @JasonYanowitz and let me know what you thought of the show!

In this episode of Empire Jason is joined by Matt Hougan the Chief Investment Officer at Bitwise Asset Management. Jason and Matt discuss how an ETF would benefit financial advisors, DeFi innovation, future outlook for the space and incoming regulation. ––– LUKKA Lukka Prime is crypto asset pricing data aligned to accounting standards like GAAP and IFRS. Lukka Prime Pricing Data is the pricing source used by S&P Dow Jones Indices' for their new cryptocurrency indices. Lukka Prime is the world's first fair market value pricing source for crypto assets and the best option for all post-trade reporting needs. Visit lukka.tech/empire to learn more. ––– EXODUS Download the app today at http://exodus.com/empire and iOS users can buy up to $500 in Bitcoin for just $1 for a limited time. ––– Get unparalleled access to the greatest minds in macro at Blockworks' three day, executive summit in Bretton Woods. August 11 - 13. Apply to attend today! https://blockworks.co/events/brettonwoods/ ––– Empire is brought to you by Blockworks, a financial media brand delivering breaking news and premium insights about digital assets to millions of investors. For more content like Empire, visit http://blockworks.co/podcasts. Follow me on Twitter @JasonYanowitz and let me know what you thought of the show!

In this episode Jason is joined by Robert Breedlove. Robert is one of the most esteemed Bitcoin philosophers with a focus on exploring Freedom, Sovereignty, Philosophy, History, Economics and Bitcoin from first principles. When Robert isn't writing his captivating essays, he hosts the YouTube series 'What is Money?' featuring some of the top names in Technology, Finance & Bitcoin including previous guests Michael Saylor, Jeff Booth & Robert Kiyosaki. We couldn't be more excited to welcome Robert Breedlove to Empire who explores Inflation vs Deflation, the effects of central banking on society, what the world would look like on a Bitcoin Standard and Robert's Bitcoin outlook for the rest of 2021. With such a deep understanding over a variety of topics, this episode is not to be missed! ––– LUKKA Lukka Prime is crypto asset pricing data aligned to accounting standards like GAAP and IFRS. Lukka Prime Pricing Data is the pricing source used by S&P Dow Jones Indices' for their new cryptocurrency indices. Lukka Prime is the world's first fair market value pricing source for crypto assets and the best option for all post-trade reporting needs. Visit lukka.tech/empire to learn more. ––– EXODUS Download the app today at http://exodus.com/empire and iOS users can buy up to $500 in Bitcoin for just $1 for a limited time. ––– Get unparalleled access to the greatest minds in macro at Blockworks' three day, executive summit in Bretton Woods. August 11 - 13. Apply to attend today! https://blockworks.co/events/brettonwoods/ ––– Empire is brought to you by Blockworks, a financial media brand delivering breaking news and premium insights about digital assets to millions of investors. For more content like Empire, visit http://blockworks.co/podcasts. Follow me on Twitter @JasonYanowitz and let me know what you thought of the show!

Since buying his first bitcoin in 2011, Erik Voorhees has seen it all. Erik helped Charlie Shrem build BitInstant and then launched ShapeShift in 2014, just months after the Mt. Gox crash. In 2018, ShapeShift lost 95% of their business when they introduced KYC due to regulatory demands. In this episode, Erik shares how he got through this tough time, and why he recently took a bold leap to integrate DeFi into ShapeShift and turn the company into a DAO.  ––– LUKKA Lukka Prime is crypto asset pricing data aligned to accounting standards like GAAP and IFRS. Lukka Prime Pricing Data is the pricing source used by S&P Dow Jones Indices' for their new cryptocurrency indices. Lukka Prime is the world's first fair market value pricing source for crypto assets and the best option for all post-trade reporting needs. Visit lukka.tech/empire to learn more. ––– EXODUS Download the app today at http://exodus.com/empire and iOS users can buy up to $500 in Bitcoin for just $1 for a limited time. ––– Empire is brought to you by Blockworks, a financial media brand delivering breaking news and premium insights about digital assets to millions of investors. For more content like Empire, visit http://blockworks.co/podcasts. Follow me on Twitter @JasonYanowitz and let me know what you thought of the show!

Christian Angermayer is one of the world's leading investors in psychedelics. Christian invested in the seed round Compass Pathways and recently founded Atai, a multi-billion dollar publicly traded psychedelics company. Christian talks about his beginnings, and how they led him to his current project: Atai Medical. ––– LUKKA Lukka Prime is crypto asset pricing data aligned to accounting standards like GAAP and IFRS. Lukka Prime Pricing Data is the pricing source used by S&P Dow Jones Indices' for their new cryptocurrency indices. Lukka Prime is the world's first fair market value pricing source for crypto assets and the best option for all post-trade reporting needs. Visit lukka.tech/empire to learn more. ––– Get unparalleled access to the greatest minds in macro at Blockworks' three day, executive summit in Bretton Woods. August 11 - 13. Apply to attend today! https://blockworks.co/brettonwoods/empire --- Empire is brought to you by Blockworks, a financial media brand delivering breaking news and premium insights about digital assets to millions of investors. For more content like Empire, visit http://blockworks.co/podcasts. Follow me on Twitter @JasonYanowitz and let me know what you thought of the show!

Chris Burniske is a co-founder of Placeholder, a New York venture firm that specializes in cryptoassets, and co-author of the book, Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond. He joins us to talk about crypto's past, and the implications that has for its future. ––– LUKKA Lukka Prime is crypto asset pricing data aligned to accounting standards like GAAP and IFRS. Lukka Prime Pricing Data is the pricing source used by S&P Dow Jones Indices' for their new cryptocurrency indices. Lukka Prime is the world's first fair market value pricing source for crypto assets and the best option for all post-trade reporting needs. Visit lukka.tech/empire to learn more. ––– Get unparalleled access to the greatest minds in macro at Blockworks' three day, executive summit in Bretton Woods. August 11 - 13. Apply to attend today! https://blockworks.co/brettonwoods/empire --- Empire is brought to you by Blockworks, a financial media brand delivering breaking news and premium insights about digital assets to millions of investors. For more content like Empire, visit http://blockworks.co/podcasts. Follow me on Twitter @JasonYanowitz and let me know what you thought of the show!

Anil is the Chief Operating Officer at Delphi Digital, and joins us to talk about DeFi, crypto gaming, and how he got so bullish on NFTs. ––– LUKKA Lukka Prime is crypto asset pricing data aligned to accounting standards like GAAP and IFRS. Lukka Prime Pricing Data is the pricing source used by S&P Dow Jones Indices' for their new cryptocurrency indices. Lukka Prime is the world's first fair market value pricing source for crypto assets and the best option for all post-trade reporting needs. Visit lukka.tech/empire to learn more. ––– EXODUS Download the app today at http://exodus.com/empire and iOS users can buy up to $500 in Bitcoin for just $1 for a limited time. ––– Get unparalleled access to the greatest minds in macro at Blockworks' three day, executive summit in Bretton Woods. August 11 - 13. Apply to attend today! https://blockworks.co/brettonwoods/empire --- Empire is brought to you by Blockworks, a financial media brand delivering breaking news and premium insights about digital assets to millions of investors. For more content like Empire, visit http://blockworks.co/podcasts. Follow me on Twitter @JasonYanowitz and let me know what you thought of the show!

Dan Held is currently the director of growth marketing at Kraken. This is the long awaited part 2 of a 2 part series with Dan. If you haven't already, be sure to check out part 1! Dan's blog: https://danheld.substack.com/ ––– LUKKA Lukka Prime is crypto asset pricing data aligned to accounting standards like GAAP and IFRS. Lukka Prime Pricing Data is the pricing source used by S&P Dow Jones Indices' for their new cryptocurrency indices. Lukka Prime is the world's first fair market value pricing source for crypto assets and the best option for all post-trade reporting needs. Visit lukka.tech/empire to learn more. ––– EXODUS Download the app today at http://exodus.com/empire and iOS users can buy up to $500 in Bitcoin for just $1 for a limited time. ––– Empire is brought to you by Blockworks, a financial media brand delivering breaking news and premium insights about digital assets to millions of investors. For more content like Empire, visit http://blockworks.co/podcasts. Follow me on Twitter @JasonYanowitz and let me know what you thought of the show!

Peter Smith has been in the crypto space for a long time — and he's learned a thing or two about how the market ebbs and flows. He's come to the conclusion that Bitcoin's success — as well as the success of his own company — doesn't depend on other project's failures. ––– LUKKA Lukka Prime is crypto asset pricing data aligned to accounting standards like GAAP and IFRS. Lukka Prime Pricing Data is the pricing source used by S&P Dow Jones Indices' for their new cryptocurrency indices. Lukka Prime is the world's first fair market value pricing source for crypto assets and the best option for all post-trade reporting needs. Visit lukka.tech/empire to learn more. ––– EXODUS Download the app today at http://exodus.com/empire and iOS users can buy up to $500 in Bitcoin for just $1 for a limited time. ––– Empire is brought to you by Blockworks, a financial media brand delivering breaking news and premium insights about digital assets to millions of investors. For more content like Empire, visit http://blockworks.co/podcasts. Follow me on Twitter @JasonYanowitz and let me know what you thought of the show!

On this special episode of Empire, Blockworks co-founder Michael Ippolito tells us about today's biggest trends in crypto. ––– LUKKA Lukka Prime is crypto asset pricing data aligned to accounting standards like GAAP and IFRS. Lukka Prime Pricing Data is the pricing source used by S&P Dow Jones Indices' for their new cryptocurrency indices. Lukka Prime is the world's first fair market value pricing source for crypto assets and the best option for all post-trade reporting needs. Visit lukka.tech/empire to learn more. ––– EXODUS Download the app today at http://exodus.com/empire and iOS users can buy up to $500 in Bitcoin for just $1 for a limited time. ––– Empire is brought to you by Blockworks, a financial media brand delivering breaking news and premium insights about digital assets to millions of investors. For more content like Empire, visit http://blockworks.co/podcasts. Follow me on Twitter @JasonYanowitz and let me know what you thought of the show!