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Job openings, consumer confidence data and results from GM, Starbucks, Coca Cola and Visa are on tap today, with the S&P 500 on a five-session win streak. Yields hit 3-week lows.Important DisclosuresThe information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision.All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness, or reliability cannot be guaranteed.Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve.The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc.All names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Supporting documentation for any claims or statistical information is available upon request.Past performance is no guarantee of future results, and the opinions presented cannot be viewed as an indicator of future performance.Investing involves risk, including loss of principal.Diversification strategies do not ensure a profit and do not protect against losses in declining markets.Indexes are unmanaged, do not incur management fees, costs, and expenses and cannot be invested in directly. For more information on indexes, please see schwab.com/indexdefinitions.The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications, and other factors.The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc.(0130-0425)

Despite the rally we've seen in the past few days, Deutsche Bank cuts its S&P 500 and S&P earnings target due to concerns about tariffs. We speak to the firms Chief U.S. equity strategist. Plus, Amazon gets caught in the political crosshairs ahead of earnings later this week. We breakdown the drama and how to position. And, Novartis reports a strong beat and says it can manage any tariffs that come ahead. We speak with the CEO. 

Any fool can buy high and sell low. The wise man knows it's all in the timing. ― Thom Goolsby Sign up at Trading View access my platform and charts: https://www.tradingview.com/?aff_id=136493 How to Set Up Our Three Time Frame Chart on TradingView: https://youtu.be/wLwTnrtAOTA I have opened my page to sharing. Find me on TradingView at Thom Goolsby. Here at Charting Wealth, we focus on the reality of price movement by following trends. We teach you a simple and effective method to read stock, ETF and crypto charts, keep your emotions in check and learn when to buy and when to sell. Charting is your road map to the market and the riches it can offer. Forget the hype you see and hear in the financial news media. They are selling products in print ads and commercials. Focus on what is real, no matter how hard it can be to believe! Otherwise, you become a sucker or worse, a slave, to the delusion someone else wants you to believe. Use the lessons we teach every day to accurately chart any stock, commodity, ETF and cryptocurrencies. We give you daily, real life lessons with the five ETFs we track: S&P 500, NASDAQ 100, 20-Year Treasury Bonds, Gold and Bitcoin. We have all the tools you need to learn how to trade. For subscribers, we have a GREAT TRAINING to SUPERCHARGE your practice trading: “Incoming Tide Floats All Boats (and Stocks Too!).” Click here: https://youtu.be/0xTAZO6Xq9I If you are not a subscriber, become one! Subscribe for FREE to our daily market reviews & training at http://www.ChartingWealth.com We urge you to "Follow the charts, NOT the noise!” and want to help you follow the market and improve your knowledge of stock and ETF movements. Support our work at PATREON and receive GREAT benefits (training, gifts, etc...): https://www.patreon.com/user?u=14138154 Receive our STOCK ALERTS via TEXT when WEEKLY VERTICAL CROSSOVERS occur. Very valuable information! Less than 8 texts a month. Text “chartingwealth” to 33222 on your cell phone. At ChartingWealth.com, http://chartingwealth.com every day the market is open, we chart the S&P 500, NASDAQ 100, Gold & Bonds. In just a few short minutes, we give you a valuable training update and quickly review the trends we see taking place in the market. At the end of every week, we give you an overview of what happened over the last five days and what's on the calendar for the next trading week. DISCLAIMER: We offer NO advice and make NO claims to expertise of any kind. This site is dedicated to knowledge and education through our stock chart training, reviews and other information -- nothing more.

This week features four mega-cap earnings reports and April nonfarm payrolls. More than 100 other S&P 500 firms report after trade hopes and falling yields lifted stocks last week.Important DisclosuresThe information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision.All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness, or reliability cannot be guaranteed.Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve.The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc.All names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Supporting documentation for any claims or statistical information is available upon request.Past performance is no guarantee of future results, and the opinions presented cannot be viewed as an indicator of future performance.Investing involves risk, including loss of principal.Diversification strategies do not ensure a profit and do not protect against losses in declining markets.Indexes are unmanaged, do not incur management fees, costs, and expenses and cannot be invested in directly. For more information on indexes, please see schwab.com/indexdefinitions.The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications, and other factors.The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc.(0130-0425)

The S&P 500 fell Monday amid a retreat in shares of big tech stocks, ahead of earnings results this week and a lack of progress on trade deal negotiations. We'll cover all of the angles for you.

Kia ora,Welcome to Tuesday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news there have been some unusual events overnight. And that's putting it mildly.Canadians are voting in federal elections, ones where the winner will need to tackle a weird US administration. The US president injected himself into the campaign at the last minute with a claim Canadians should vote for him to make Canada the 51st state of the US. There are no exit polls yet, but it is likely to steel Canadians to reject the call in record numbers whatever the result is.The clear instability of the Trump action saw Wall Street fall almost immediately but has recovered slightly since. There are nerves on Wall Street about some impending Big Tech results out soon too.In the real world, Canadian wholesale sales slipped -0.3% in March.In the US, the Dallas Fed factory survey dived to its worst level since the pandemic, and before that its worst level since early 2016. The fall was worst in new orders. Inflation rose. Confidence in the future weakened. The US oil patch isn't a happy place.In Europe, we should probably note that there has been a major electricity grid failure in Spain and Portugal with much of the country blacked out, although service is now being restored.Separately, a key ECB figure said the European Central Bank may cut interest rates below the neutral level that keeps the economy in balance. He said euro zone inflation may come in lower than expected as a result of American tariff actions and require the much looser settings.In Asia, India said its industrial production rose +3.0% in March from a year ago, similar to the slowdown reported in February, a lot more tamer than the expansion rate has been recently although back to its long term average. This is not evidence their economy is booming from manufacturing.In China, their centr5al bank is signaling that both rate cuts and reserve ratio cuts are on their to-do list "at the right time". Both will boost liquidity and shore up any economic wavering.Singapore's unemployment rate ticked up a little, but only from an historically low level and only back to its long-run level.Singapore has a national election on Saturday, May 3. No surprise is expected in a contest closely controlled by the ruling party.Australia's federal election is on the same day and that outcome is a lot more uncertain.Australia is one of very few countries to have a AAA credit rating from Moody's, S&P, and Fitch. Now analysts at S&P are openly concerned about the cost of election promises in light of their budget forecasts that earlier showed long-term deficits rising. Election victory might be a bit of a poisoned chalice if it also comes with a downgrade, higher debt servicing costs and rising deficits. Public policy choices then become very hard, very necessary, and very unpopular.The UST 10yr yield is now at 4.21%, down -4 bps from this time yesterday.The price of gold will start today at US$3336/oz, and up +US$17 from yesterday.Oil prices are down -US$1 at just under US$62/bbl in the US and the international Brent price is down a bit more, now just over US$65.50/bbl.The Kiwi dollar is now at 59.6 USc, unchanged from Saturday at this time. Against the Aussie we are down -30 bps at 92.9 AUc. Against the euro we also down -30 bps at 52.2 euro cents. That all means our TWI-5 starts today still just on 67.7 and down -30 bps as well.The bitcoin price starts today little-changed at US$94,137 and down just -0.1% from this time yesterday. Volatility over the past 24 hours has been modest at +/- 1.4%.You can find links to the articles mentioned today in our show notes.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.

Derek Moore goes through how markets have bottomed (maybe?) and are now up 10% since then. All the while investment banks have now started moving their 2025 year end targets down. The bear case on corporate net profit margins (and bull case). Plus, how max bearishness against US equities at market lows may have been a contrarian signal. With more earnings this week, Apple's implied volatility is forecasting what as an expected 1 standard deviation move. Keeping perspective on the markets as the media talks about ends of eras and more.    Apple earnings implied volatility What is the implied volatility expected earnings move for Apple FMS manager survey shows fund managers were max bearish near recent bottom Distance off the low is now +10% after being down -18.90% All that said, the S&P is down -10% off the all-time high Investment banks start downgrading their year end S&P 500 Index targets Bear case for housing due to high mortgage rates Earnings have been good so far but what about the future? Comparing mortgage payments at low vs 7% rates Sentiment and VIX readings near contrarian lows like prior periods  Container shipping container rates are down and that is not inflationary Container shipping volume and capacity are all down     Mentioned in this Episode     Derek Moore's book Broken Pie Chart https://amzn.to/3S8ADNT   Jay Pestrichelli's book Buy and Hedge https://amzn.to/3jQYgMt   Derek's book on public speaking Effortless Public Speaking https://amzn.to/3hL1Mag   Contact Derek derek.moore@zegainvestments.com               

Recently, stocks closed out their worst quarter since 2022. The S&P 500 and the Nasdaq logged their worst performance since Russia's invasion of Ukraine. While these headlines can be upsetting, as Peter with Richon Planning explains to Erin Kennedy, the market downturn can also provide some very specific opportunities for smart investors, including: Put Your Cash to Work – Lower valuations let you buy quality investments at a discount for long-term gains. Consider Tax Loss Harvesting – Selling at a loss can offset taxes now or in the future, turning dips into tax savings. Roth Conversions – Converting in a down market means paying less tax now and maximizing future tax-free growth. If you'd like to learn how to take advantage of this market downturn, please feel free to give Peter a call at (919) 300-5886 or visit www.RichonPlanning.com

Main Topics:This week's episode of Swan Signal Live delivers a powerful mix of Bitcoin analysis, macroeconomic insights, and a dose of Swan-inspired creatine meme lore. The team dives into the ongoing “creatine craze” sparked by Brandon Quittem, which made waves even at institutional events like the Bitwise conference. Then it's all business—Bitcoin's 10K+ weekly price rally is dissected, especially in contrast to traditional markets like the S&P 500, which are still reeling.The conversation intensifies as the hosts break down a pivotal speech by Bessent from the Trump administration on reforming global financial institutions and pushing back against IMF “mission creep.” The big picture? A strategic reordering of the global monetary system with Bitcoin emerging as a vital asset in this uncertain landscape.Key Insights:Bitcoin has decoupled meaningfully from traditional assets, outperforming the S&P 500 amid macro turbulence.The Trump pivot—marked by a shift from Lutnick to Bessent—may have sparked the current market rebound.Twenty One Capital's emergence, backed by Tether and SoftBank, positions it as a major MicroStrategy competitor, validating Sailor's playbook and possibly fueling institutional FOMO.Fascinating discussion on post-halving Bitcoin cycles and how macroeconomic forces now overshadow supply-driven patterns.A sci-fi-tinged look at the future of human and AI integration, ethics, and the value of Bitcoin in an increasingly weird and tech-driven world.  Start buying your first Bitcoin in just minutes. Search "Swan Bitcoin" in your app store or visit swan.com/app. Swan Private helps HNWI, companies, trusts, and other entities go beyond legacy finance with BItcoin. Learn more at swan.com/private. Put Bitcoin into your IRA and own your future. Check out swan.com/ira.Swan Vault makes advanced Bitcoin security simple. Learn more at swan.com/vault.

Al mercado español le falta poco para llegar a su resistencia de referencia y esto se aprecia de manera más clara, en el gráfico del Ibex con dividendos, que está a medio punto porcentual de máximos históricos. Roberto Moro, analista de Apta Negocios, explica: “En el caso del Ibex, la siguiente resistencia a tener en cuenta son los máximos anuales, máximos de marzo en 13.540 y estamos en 13.270, a poco más de un 1,5%”, con esto quiere decir que así, el Ibex 35, quizás debido a la ausencia de uso específico de la tecnología está evolucionando mucho mejor que el resto. “Mucho mejor incluso que el DAX alemán, que en Europa no es solamente el que inicia todos los movimientos, sino que hasta ahora es el único, junto con el Ibex” indica el analista. Ha superado el máximo nivel de corrección proporcional de lo que ha sido la caída, por lo tanto el aspecto técnico que tienen los índices europeos, sobre todo los dos mencionados, no tienen nada que ver con el mercado americano. “El único inconveniente, es la proximidad a zonas tan relevantes de resistencia que son máximos históricos con dividendos”, concluye Moro. En cuanto a compra en algunos de los grandes, el analista asegura que aún no encuentra ninguno que sea susceptible de compra. Aclara que si sigue como está o incluso recuperando más, sí compraría pero ahora mismo es incapaz de detectarlo. “Desaconsejable entrar, más factible si realmente creemos que si esto va a seguir recuperando me parece mejor hacerlo en índices que no en títulos en concreto” explica Roberto Moro. Por otro lado la volatilidad no ha caído lo suficiente, refiriéndose al índice VIX, como para alentar compras de euforia, al menos en el mercado americano. S&P 500, Dow Jones o Nasdaq Si las negociaciones arancelarias siguen avanzando, Nasdaq sería lo más acertado. “Ahora mismo no hay ninguno que haya llegado a los niveles que ya haya sobrepasado el DAX y mucho más que el Ibex”, explica Moro. Además, no se puede certificar que se haya terminado toda la corrección: “El primer nivel importante del sp500 para determinar que lo más normal es que esto siga subiendo, es la superación de los 5.650 puntos”, según el analista, ya que es el máximo nivel de corrección proporcional a toda la caída. “Probablemente ya hemos visto lo peor” , concluye Roberto Moro.

Live at 2pm PT, today's episode of "3rd Bullish Day in a Row!" breaks down the massive 3-day rally lighting up the markets! The S&P 500, Nasdaq, and Dow are all surging—and we're here to uncover what's fueling the momentum and whether it can continue. We'll also dive into Google's latest earnings, a fresh update on the U.S.-China trade war, and the technical picture shaping short-term market direction.

What matters most when it comes to portfolio returns? Video Version Here's what it's not: who is President or the crisis of the day.  From the unpredictable daily swings of the S&P 500 to the long-term probabilities of success, I cover how aligning your assets with your objectives —whether short-term or for retirement—can safeguard your financial future.  Plus, I unfold an important factor that will impact your portfolio returns. This episode is designed to provide you with peace of mind and a reassuring strategy for when the next market downturn inevitably arrives.  Let's get started and uncover the power of purposeful planning. Connect with Paul Contact Paul here or schedule a time to meet with Paul here. For resources discussed in this episode, visit tammacapital.com/podcast. Follow Paul on LinkedIn and YouTube. And feel free to email Paul at pfenner@tammacapital.com with any feedback, questions, or ideas for future guests and topics.

In this episode host Mark Longo and guest Uncle Mike Tosaw from St. Charles Wealth Management discuss the latest developments in various trading markets. The show covers the explosive activity in natural gas, significant movements in gold and silver, and the volatile trends in the S&P 500 and Treasury notes amid recent tariff announcements. Uncle Mike offers insights into volatility impacts, trading strategies, and the comparative strengths of trading various options. Listener questions are also addressed, adding practical advice and trader perspectives for both novice and experienced investors.   01:03 Welcome to This Week in Futures Options 04:20 Movers and Shakers Report 08:51 Volatility Insights 13:37 Deep Dive into Nat Gas 21:05 Exploring Gold and Silver Markets 29:17 Silver Market Analysis 30:02 Uncle Mike's Silver Insights 33:57 Silver Options Activity 37:35 Interest Rates and the 10-Year Note 44:16 Equities Market Overview 52:02 Listener Polls and Final Thoughts  

In this episode host Mark Longo and guest Uncle Mike Tosaw from St. Charles Wealth Management discuss the latest developments in various trading markets. The show covers the explosive activity in natural gas, significant movements in gold and silver, and the volatile trends in the S&P 500 and Treasury notes amid recent tariff announcements. Uncle Mike offers insights into volatility impacts, trading strategies, and the comparative strengths of trading various options. Listener questions are also addressed, adding practical advice and trader perspectives for both novice and experienced investors.   01:03 Welcome to This Week in Futures Options 04:20 Movers and Shakers Report 08:51 Volatility Insights 13:37 Deep Dive into Nat Gas 21:05 Exploring Gold and Silver Markets 29:17 Silver Market Analysis 30:02 Uncle Mike's Silver Insights 33:57 Silver Options Activity 37:35 Interest Rates and the 10-Year Note 44:16 Equities Market Overview 52:02 Listener Polls and Final Thoughts  

Good times... Bad markets! Today we talk about recent volatility in the market, particularly in the bond market, as there is a lot of geopolitical uncertainty that are coming with Trump's economic moves. There may be a market downturn of up to 40% and the Fed will respond most likely respond by cutting rates, a familiar cycle in which political and monetary forces intervene to stabilize markets. Ultimately, if there's a recession, we still don't need to panic, the US markets are still strong so invest accordingly! We discuss... Market volatility recently spiked to levels not seen since COVID, driven by geopolitical and fiscal uncertainty. Trump's unpredictable moves reintroduced risk into the markets, which had become too complacent. The Fed is currently in a wait-and-see mode, which markets interpret as a lack of proactive response. Trump criticized the Fed for not following the ECB in cutting rates, claiming it weakens U.S. competitiveness. The podcast host believes the market can handle high rates and criticized Powell's pre-election rate cut as political. A continued market selloff is expected, with potential drops of 30–40% in the S&P 500 this year. If markets decline significantly, the Fed is likely to step in and cut rates to stabilize things. Historically, market declines have been followed by Fed intervention, which then props markets back up. A mild recession is likely before any recovery, but the overall economy remains fundamentally strong. Tariffs are currently painful for businesses but are viewed as a negotiation tactic rather than a permanent fixture. Markets dislike uncertainty, and the next six months are expected to be rocky before clarity returns. Keeping cash on hand is advised to take advantage of potential lower asset prices Americans are generally uncomfortable with negotiation and volatility compared to the rest of the world. Manufacturing may not fully return to the U.S., but diversification is critical for national security. Time dilation and recency bias cause people to misjudge the permanence of current events like tariffs. Leaders like Trump and Powell are motivated by legacy, not destruction. A stronger dollar could hurt gold and hard assets but elevate the U.S. as the most stable economy. Investors should routinely reassess their holdings to see if they would still buy them today. Always identify the potential exit point for any investment to manage risk.   Today's Panelists: Kirk Chisholm | Innovative Wealth Douglas Heagren | ProCollege Planners Follow on Facebook: https://www.facebook.com/moneytreepodcast Follow LinkedIn: https://www.linkedin.com/showcase/money-tree-investing-podcast Follow on Twitter/X: https://x.com/MTIPodcast For more information, visit the show notes at https://moneytreepodcast.com/good-times-bad-markets-705 

In this week's episode of Retire in Texas, Darryl Lyons, CEO and Co-Founder of PAX Financial Group, brings it back to basics - but with a twist. In a time when market noise is louder than ever, Darryl offers a clear, foundational look at the four main investment types: stocks, bonds, cash, and alternatives. Whether you're a seasoned investor or just getting started, this episode delivers timeless principles, real-world context, and fresh insight to help you make better long-term decisions. Darryl explains why owning companies still offers the best opportunity for long-term growth, why cash isn't as “safe” as it feels, and how innovations like private equity are reshaping the investment landscape. Most importantly, he challenges listeners to rethink risk, recognize the power of compounding, and stop letting fear keep money on the sidelines. Key highlights of the episode include: The four building blocks of any portfolio - and what each one really means for your future. The difference between growth and income stocks, and why mid-size companies may offer a “Goldilocks” sweet spot. What bonds are, how they pay you, and the hidden risks in both high-yield and investment-grade debt. Why cash loses value over time - and how behavioral biases cost investors more than they realize. How alternative investments like private equity and structured products are changing the game for everyday investors. Whether you've been in the market for decades or are still holding too much cash “just in case,” this episode helps reframe the investing conversation around clarity, confidence, and long-term thinking. For more insights or to connect with a PAX Financial Group advisor, visit www.PAXFinancialGroup.com. Like what you heard? Share this episode with a friend Resources: What Are The Historical Returns For Stocks, Bonds, Gold, Real Estate, And Cash? (Asset Class Returns) - QuantifiedStrategies.com S&P 500 Annual Total Return Yearly Analysis: S&P 500 Returns | YCharts Annualized Returns By Asset Class From 1999 to 2018 Historical and expected returns - Bogleheads

In this episode of The Options Insider Radio Network, host Mark Longo discusses the latest in futures trading, providing listeners with an array of insights and strategies. The show features guest John Seguin, Senior Technical Analyst and Educator at Market Taker Mentoring. Mark and John analyze the current tumultuous state of the markets, touching on commodities, equities, and cryptocurrencies. The discussion covers significant market moves, including wild swings in the S&P, gold volatility, and an extraordinary rise in cryptos. John provides practical trading tips for these volatile times, emphasizing short-term trading and the risks of trading in fast-moving markets. Listeners' questions on trading strategies and specific market predictions, such as gold and Bitcoin, are also addressed in depth. The episode concludes with John sharing his contact information for those interested in his unique charting tools and further guidance.   01:08 Understanding the Futures Markets 01:27 Introducing the Futures Rundown 04:01 Guest Introduction: John Seguin 04:44 Market Analysis and Trading Strategies 05:58 Top Movers in the Futures Market 17:03 Downside Movers and Trading Insights 21:58 Volume Analysis and Market Activity 23:06 Top 15 Most Active Futures 27:22 Year-to-Date Trends: Upside Movers 29:46 Year-to-Date Trends: Downside Movers 31:33 Futures Free for All: Listener Q&A 34:47 Market Insights and Strategies 37:40 Crypto Market Analysis 40:22 Conclusion and Contact Information

In contrast with yesterday's guest, the Paris based Financial Times writer Simon Kuper, the newspaper's London based columnist Jemima Kelly hasn't quite given up on the United States of America. Trump, she suggests, might be the end of the line for the MAGA movement. Indeed, like another recent guest on the show, former Wired editor Peter Leyden, Kelly suggests that the Republicans might be flirting with the destruction of their brand for the next political generation. Unlike Leyden, however, Kelly isn't particularly bullish on the future of the Democratic Party, arguing that there is a desperate need for a formal national opposition to Trump's MAGA Republicanism. And in contrast with Leyden, Kelly doesn't see much of an opposition - moral or otherwise - from seemingly spineless tech billionaires like Mark Zuckerberg or Marc Andreessen. 5 Key Takeaways* Kelly is most concerned about Trump's "utter disregard for the legal system and the kind of lawlessness" that characterizes his second administration.* She believes Democrats lack cohesive opposition structure, noting America could benefit from a shadow cabinet system like the UK's to provide clear alternative voices.* Kelly predicts "MAGA is going to finish with Trump" as there's no viable successor who can match his charisma and stage presence.* She criticizes tech leaders like Mark Zuckerberg for capitulating to Trump, questioning how they justify abandoning values for business interests.* Kelly argues that maintaining moral principles is crucial for Democrats, as sinking to Trump's level only erodes institutional trust, which has already been significantly damaged. Full Transcript Andrew Keen: Hello, everybody. It is Wednesday, April the 23rd, 2025. Headlines today remain dominated by Donald Trump. Every story above the fold, at least above the digital fold in the Financial Times, seems to be about him. Yesterday, we talked to FT columnist Simon Cooper, a Dutchman living in Paris, who had an interesting piece earlier this week suggesting Americans should move to Europe, indicating the American dream was over. Cooper seemed to relish this news. Today, we're talking to another FT columnist, Jemima Kelly. She's based in northeast London, in Hackney, and she's talking to us today from the FT offices in the heart of London City. Jemima, what's your take on Simon's column this week? Is it indeed time for most Americans to move to Europe?Jemima Kelly: I thought it was a very interesting column. I'm particularly interested in this idea that you discussed on your show about the brain drain that has been going in the direction of America and that might start to come back in the other direction, which I hadn't really properly considered before in those terms. But I must say that I'm not really a fan of encouraging people to all be digital nomads. He's actually followed it up with a piece today about how to be a digital nomad in Paris. I'm not really a fan of that kind of lifestyle because I think that it means people aren't particularly invested in their local communities, and I think it makes a bit of a crappy neighborhood if everyone is just working their own jobs. The dream of earning a US salary while working remotely living in Europe—I'm just like, please don't do that because then we're just importing inequality.Andrew Keen: Although to be fair, was Simon actually saying that?Jemima Kelly: I think he did say that the ultimate life, the ultimate arbitrage was doing that. And it's true, it is the ultimate arbitrage. It's just not one that I would particularly want people to pursue. It's like the Airbnb culture—it's destroyed a lot of cities and priced out local people, meaning certain cities you visit have no locals, just tourists, which is quite crap as a tourist.Andrew Keen: I guess the other critique of Simon's piece, which is an extension of yours, is for Americans who don't like Trump—and there are many, including myself—it's not time to move to Europe. It's not time to retreat. It is time to stay and fight and try to change America. So there's no reason why you have to shift. Jemima, you're a columnist at what you call on your X account "Friends of the Deep State" (FT). I'm using you as the voice of the European deep state. What's the take from London on Trump on April 23, 2025? It's so hard to make any sense of it. In a meta sense, in a structural sense, what's your take on what's happening?Jemima Kelly: I'm going to answer that in three parts. First, the "Friends of the Deep State" is obviously a reference to Liz Truss, who referred to the FT as the deep state.Andrew Keen: I want to come on to Truss later, another rather clownish character, your version of Donald Trump.Jemima Kelly: Yes, Britain's proudest export. Second, I would probably not want to speak for Europe or Britain. Maybe I can start by saying what I think the mood is.Andrew Keen: You live in Hackney in northeast London, so maybe you can speak on behalf of Hackney. What's the take on Trump from Hackney?Jemima Kelly: Just utter dismay. And I mean, I would say that's probably the mood I'm getting, even from people who thought there was too much hyperbole used about Trump in the run-up to his election. I didn't think comparisons to Hitler were particularly helpful.Andrew Keen: You're not alone. We've had that conversation many times on the show. I strongly agree with you.Jemima Kelly: So while there were people who were very hysterical about the idea of a Trump 2.0 being worse than the first time, I think so far, it does seem kind of worse, doesn't it?Andrew Keen: I'm asking you.Jemima Kelly: I would say there is a sense that things are quite scary at the moment. I think what I personally find most worrying, and that many balanced people are talking about, is the utter disregard for the courts and the rule of law. I was amazed looking at Truth Social earlier. I saw a post from Trump about an alleged MS-13 gang member.Andrew Keen: The Venezuelan who was illegally extradited or seized and taken to El Salvador.Jemima Kelly: I think this guy is actually Salvadoran. Trump has posted a picture of an alleged knuckle tattoo with four symbols which some people have extrapolated to mean MS-13. It's very obviously just computer-generated text superimposed on the image. Trump has posted it and appears to believe this is actually tattooed onto the man's knuckles, using that as justification. I think the utter disregard for the legal system and the lawlessness of Trump 2.0 is for me the most disturbing aspect because where does that end? It's just utter chaos.I might write this week about how Trump sees the world as just deal-making and transactions. The ends will always justify the means. He's openly saying he's going to keep pushing as hard as he can to get what he wants. But his followers, who are constantly rushing to justify everything he does, including his vice president, are glorifying the means themselves, which Trump himself doesn't even really believe in. People are willing to take what he says at face value and make it happen, like Vance going to Greenland on this supposed visit.Andrew Keen: You said in an excellent column earlier this month that Vance has "the zeal of the convert" and that's the problem.Jemima Kelly: Yes, because he once called Trump "America's Hitler."Andrew Keen: And he didn't mean it in a complimentary way.Jemima Kelly: I don't think he did.Andrew Keen: So, Jemima, stand back a little. Simon noted that he'd always believed in America growing up. A lot of his friends went to America. You're a slightly younger generation from Simon. When you graduated from university, did a lot of your friends go to America? Did you ever think maybe you should go to America as a singer or a journalist?Jemima Kelly: Did any of my friends? It's quite difficult as a British person going to America. Quite a few of my friends have ended up there, particularly in LA for some reason. I almost moved to New York with my previous employer, Reuters, and have considered it, but wanted to stay in London. I love America; it's a completely amazing and fascinating place. But it does feel like people I speak to at the moment are feeling concerned. Someone in New Orleans told me that when conservative columnists in the New York Times are writing that it's time for some kind of uprising...Andrew Keen: That was David Brooks. And Simon wrote about a friend of his in Georgia who said he couldn't even go out because he was scared to bump into Trump people.Jemima Kelly: I saw that. That's not how I personally believe that divisions should be handled. The idea that you shouldn't go out because you might bump into some Trump fans—I don't know about that.Andrew Keen: I couldn't agree more. Your last column, in the spirit of Easter, was titled "It's the hope that saves you." It was a broader column, not just about America. But do you still have a vestige, a glimmer of hope in America? Have you given up?Jemima Kelly: Oh, God, yes, I still have hope. I am an optimist. But I also believe that being optimistic and hopeful, which as I explain in the column are slightly different things, gives you a higher chance of things going well. If you don't resort to cynicism and nihilism, which I don't think is particularly helpful.Another column I would like to write in the coming weeks is that I am becoming convinced that MAGA is going to finish with Trump. There is no MAGA after Trump. One thing that convinced me of this was listening to the "Triggered" podcast with Donald Trump Jr. I tried to listen to a range of podcasts, some more painful than others, and I listened to a full episode the other day and couldn't believe the level of imbecility.Andrew Keen: Well, we know what you mean anyway, even if that isn't the word.Jemima Kelly: And he's the best friend of the vice president, who's supposedly this genius.Andrew Keen: I'm sure in a year or two JD will have moved on to other "best friends."Jemima Kelly: Maybe, but I think they've been friends for a while. The thing with Trump is that he masks so much with his charisma and stage presence and what he calls "flexibility," not U-turning. And his people skills. Then you get the distilled version of him without all of that, and it's just so painfully bad and unpersuasive. There's no successor. Vance is the only one who the bookies currently have as the favorite, but that's because there's no leader on the other side; we don't know who the Democratic leader is.Andrew Keen: Peter Leyden, who was on the show a few days ago, the former editor-in-chief of Wired, believes that Trump is essentially destroying the Republican brand for a generation. It does provide an opportunity for the Democrats in the long term, although the Democrats probably have many problems of their own. Do you agree that ultimately the Republican brand has been decimated and is headed for 20 or 30 years of political isolation?Jemima Kelly: I think what they have going for them is that MAGA has its own name—there was always the MAGA part of the Republican Party and then the "other part" and the RINOs. Now they have somewhat merged, but I imagine that will start to separate if the Trump project keeps doing as badly as it seems to be. But it doesn't feel like there's any separation now between Trump and the institutions that are supposedly independent, with the Fed being an exception despite his saying he'd terminate Powell and then claiming the press made a big deal of it. It does feel like it will be difficult for Republicans to extricate themselves from Trump. There isn't anyone standing up and being vocally anti-Trump on that side at the moment.Andrew Keen: You noted that your satirical X profile "Friends of the Deep State" was borrowed from Liz Truss, who made a fool of herself and now is in political exile. Can we learn anything from the Truss fiasco? It seems to me as if Trump a couple of weeks ago on the bond front was, so to speak, "Trussed"—the market spoke and he had to retreat. Can we learn anything from recent British political or economic history to make sense of what's happening in the US, particularly in terms of Truss, who was humiliated by the markets?Jemima Kelly: Trump has the advantage of shamelessness, doesn't he?Andrew Keen: So you're saying that Liz Truss is not shameless?Jemima Kelly: That's a very good point. You could see the embarrassment on her face. Maybe that is just my projection of how I would feel.Andrew Keen: For people just listening, it's a picture of Liz Truss in New York with a MAGA hat on looking like a complete idiot.Jemima Kelly: Just before the inauguration saying, "It can't come soon enough."Andrew Keen: And she says "the West needs it," whatever that means.Jemima Kelly: She's constantly "saving the West." She was at a Bitcoin conference last weekend giving a speech on saving the West. It's really exciting that we have such capable hands to save the West.Andrew Keen: Especially at the Bitcoin conference.Jemima Kelly: Exactly. They're the real people to do it. What can we learn from Truss? What we can learn, and this takes us into the Democrats, is that a few people have floated the idea that America should have some form of shadow cabinet. One of the reasons that Truss lasted for only 42 days—less than the lettuce—was that we have such a vocal opposition in this country. It's very clear who the spokesperson is from the opposing party. So when a journalist is writing a story about Truss's mini budget, right away, you've got the shadow chancellor to tell you why it's a terrible idea. In America, it's not so clear, and I think that's a disadvantage.Andrew Keen: You wrote an excellent column in the last month on why America needs a "serious opposition."Jemima Kelly: It really opened my eyes, this idea of the shadow cabinet. Obviously, the government has a different structure in the US, and it's not a monarchy, etc. But the idea of some form—even if just in name only—if the Democrats were able to put forward a representative for each of the major government departments, it would help. It made me think that American media often sees itself as "the resistance"—the media is the resistance. I feel like our job is to report the news. Too often it feels like the media was trying to stop Trump from getting reelected or trying to hide that Biden was too old for another four years. The media is far too often doing the work that an opposition should be doing.It dawned on me that this is partly because of the lack of structure that we have with the constant back and forth. As a journalist, rather than having to explain why the Liz Truss mini-budget was bad, you've got someone on the other side to tell you. The Democrats are in disarray. Usually, there's nothing like a common enemy to unite you, and Trump should be that. Amid the tariffs, the trade war, the deportation of immigrants, threats to deport others to horrific Salvadoran prisons—if there were a time to be united, it would be now. This is peak Trump fear, and yet the Democrats have record low approval ratings among their supporters. A Gallup poll showed Republican approval of their congressmen is at 76 percent while Democrats are at 39 percent among Democrats. There is a real void of cohesive or coherent opposition.Andrew Keen: You've been quite critical of the Democrats. Back in July, you talked about the "Biden debacle" and the absurdity of a man clearly out of his depth. But you've also written more recently about Democrats not abandoning their morals. When historians look back, how much of a debacle was the Biden regime? Will it be seen as the trigger that enabled Trump 2.0, or would these things be seen separately?Jemima Kelly: I don't think it was Biden's administration; I think it was the cover-up of his physical decline.Andrew Keen: I wasn't surprised by that debate he had with Trump. He clearly was way beyond his shelf life. It was self-evident if you watched interviews with him.Jemima Kelly: It was already evident. I got into trouble for talking about this before the 2020 election because he had gotten the name of an interviewer wrong, and fact-checking organizations rushed in to say he hadn't. They were lying on his behalf, which shocked me.Andrew Keen: Does that make Trump's point on Truth Social that the media is really the Democratic party, or the two are inseparable?Jemima Kelly: It's funny because every time I've written about this, I've gotten pushback. I was the first "ritual sacrifice" on BlueSky a few months ago because I dared to say it was an echo chamber. Apparently, I implied that I wanted more Nazis on BlueSky, which is obviously sarcasm. One thing I find interesting—if you type "New York Times" into BlueSky, you'll get people complaining about how pro-Trump they are or how they're "both-sides-ists." If you type "New York Times" into X, you'll get people complaining about how anti-Trump they are and how it's just an extension of the Democratic Party.I think there's something like 3-4% of American journalists who vote Republican, so clearly, the media does lean left or Democrat. Trump is now letting really marginal right-wing news outlets into his briefings, which in some ways I don't think is all bad. I think it would be good to have a more balanced media.Andrew Keen: You wrote a good piece in December, "Democrats must not abandon their morals," which I guess goes without saying. There are still morals in the Republican party. Well, certainly ex-Republicans like David Brooks and Peter Wehner seem to be the most convincingly moral Americans. But that's another issue. What advice would you give the Democrats? On one hand, you've got a civil war within the party between its left—Bernie Sanders and AOC—versus centrists. They agree on almost nothing apart from being in the same big tent party. What advice would you give Democrats?Jemima Kelly: I don't feel in a position to give advice.Andrew Keen: What would you like to see then?Jemima Kelly: Just to be clear about the "Democrats shouldn't abandon their morals" column, that was written after Biden pardoned his son Hunter, which I found uncool. I hate that. I was arguing that if you're going to talk about how immoral the Trump project is and how full of lies it is—and it is all those things—then you have to show that you're better. I felt that was a failure during the first Trump term.I think outlets like the New York Times are doing better this time around. But there was an op-ed written after the first Trump victory about how objectivity needed to be abandoned, like there was a new game to play. I think that's really short-termist and will set a terrible precedent. Trump has come in again on the back of a massive loss of trust in institutions, which was already happening but was made worse by COVID—all the debates about origins, vaccines, etc. That chipped away at trust in science, government, and institutions in general.I write a lot about virtue and honor. I just wrote about hope. I don't think we think about values enough. Only the right in America seems to talk about religion. I'm not even a Christian myself—I was raised Catholic but don't consider myself that anymore—but I feel that values and morality aren't spoken about enough. The Democrats need to take the high ground. They were pulling up placards saying "Lie" at Trump's address to Congress, wearing colors to represent protest. AOC was doing videos saying "choose your fighter," trying to appeal to young people. It was all so cringe and inauthentic. When Trump is being seen as authentic, and Bernie Sanders, who does come across as authentic, there's such a vacuum of authenticity.Andrew Keen: You noted that one of the reasons why Trump is so successful is his eccentricity. That's one of his attractive qualities. A couple of quick questions before we go. You're at the FT, so you're supposed to understand the global economy. Back in September, you talked about America's crypto election. I have a nagging suspicion that crypto might be one of the things that ultimately blows up Trump. There is a lot of fraud within the administration on crypto, with some people making vast fortunes. Trump or his administration is in bed with the Bitcoin bros. What do you make of this association? Because Trump historically has always been ambivalent about crypto. Is this a sideshow or could it become the main show?Jemima Kelly: I don't think it could become the main show just because crypto is still not systemically important enough. If we compare it to the trade war, it pales in comparison in terms of numbers. The IMF downgrading forecasts by one percentage point for the US—that is far more likely to bring down Trump economically.Andrew Keen: Could we be seeing a restructuring of the global financial economy where crypto becomes an alternative to the Fed, given Trump's hostility towards the Fed?Jemima Kelly: God, no, not in my opinion. My ultimate point with crypto—and by the way, people who believe in Bitcoin (and I use the word "believe" deliberately because I do regard it as a belief system) think that Bitcoin is different from other crypto because it's the first one and will only have 21 million coins ever minted. But these are just strings of digits. Then someone comes along and says, "oh no, Bitcoin and Ethereum," and someone else adds Dogecoin as well.These aren't companies like the S&P 500 where there's a finite list. Each of these coins does absolutely nothing, and there's no limit to the number that can exist. I could speak about crypto for hours, but I always come back to the fact that there is no scarcity. Bitcoiners hate when I say this because they claim Bitcoin is different. There is no limit to the number of cryptocurrencies that can exist. If you look at CoinMarketCap.com, they used to count how many cryptocurrencies there were, but I think it got embarrassing because the counter disappeared. There are tens of thousands, maybe hundreds of thousands at this point. How can there be value when there's no scarcity?Andrew Keen: I hope you're right on that front. Finally, you've been very critical of Silicon Valley and big tech. You wrote a piece recently on Mark Zuckerberg caving into Trump. Zuckerberg caved in, Bezos appears to have with the Washington Post, some law firms have, some haven't. Do you think this will come back to haunt opportunists like Zuckerberg? Is it in the interest, not just moral but economic, of American business leaders, university leaders, and heads of law firms to stand up to all this nonsense?Jemima Kelly: I think so, yes. We have so glorified wealth that people only seem to think value exists in financial terms. If I were Mark Zuckerberg, I would care about what people thought of me, but that's even superficial. I would care about being able to sleep well at night. I don't know how these people justify it.I heard a Mark Andreessen podcast a few months ago where he said, "The one thing people don't understand about billionaires is they don't care about money. They just want people to like them." I thought that was really interesting, but it doesn't seem to match their actions.Andrew Keen: Well, we probably should end. I'm not sure if you've written any columns on Musk, but he seems to represent all of this. He's clearly distancing himself from Trump, just as Trump is distancing himself from Musk. Are we beginning to see the end of this love affair between the Musks and the Andreessens with Trump?Jemima Kelly: It's interesting because Musk was supposedly the savior of electric cars, but the current-day Musk would be so skeptical of electric cars. It's weird that he was that guy and now has to keep being that guy to a certain extent because it's his brand. I think he's been radicalized by people not liking him, and he's being pushed further into this corner because he wants to feel part of a tribe. Now he feels like he fits in at Mar-a-Lago and hangs out with Trump.Do I think that's the end of their relationship? It's hard to know. I wouldn't be surprised if they did fall out quite soon. But they're both very strange people, aren't they?Andrew Keen: To put it mildly. You've got a big picture of the two of them in a Tesla on the cover of the Financial Times. I think they're both secretly fans of Millwall Football Club with their famous song "Nobody Loves Us, We Don't Care."Jemima Kelly: What?Andrew Keen: I'm joking, but maybe the same is true of Donald Trump and certainly Elon Musk.Jemima Kelly: They care so much. That's what's funny. Trump cares more than anyone about people loving him. I think that's what drives him. He really wants to be seen as a good president, which comforts me when things are going badly because I think he wants people to love him. He really wants the Nobel Peace Prize, which is hilarious, but he does want that.Andrew Keen: Well, one thing we've resolved today is that Donald Trump is not a fan of Millwall Football Club. He wants everybody to love him. He does care if they don't. Jemima, I know you don't really care because you're someone who will always say what you think. We'll have to get you back on the show for The View from London. Not an eccentric view, but an irreverent view. Thank you so much, Jemima Kelly, columnist of the FT. We will have you back on the show. Keep well.Jemima Kelly: Thank you, you too. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit keenon.substack.com/subscribe

En janvier 2025, le consensus était clair : il fallait acheter les actions américaines, le dollar, les bons du Trésor. Pourquoi ? Parce que Trump revenait, et qu'il allait mettre les marchés sous stéroïdes. C'était l'heure des "Trump Trades". Aujourd'hui ? C'est l'exact inverse. Le nouveau mot à la mode, c'est "Sell America" : vendez les actions américaines, les obligations, le dollar. Un retournement aussi brutal qu'inattendu, dû au fait que Trump semble vouloir rendre son pays tout simplement non investissable. Il a menacé de limoger Jerome Powell, le président de la banque centrale américaine — une mesure qu'il ne peut théoriquement pas prendre, mais qui a suffi à faire paniquer les investisseurs. Résultat : ils ont retourné leur veste. Trump a aussi relancé sa guerre des tarifs douaniers. Tous les pays y passent : amis comme ennemis. Conséquence le S&P 500 a perdu 10 % depuis début avril, le dollar chute malgré la hausse des taux et même les bons du trésor, valeurs refuges historiques, sont délaissés. Le socle de l'hégémonie financière américaine est fissuré. Et c'est bien ça, le programme de Trump. Il veut refonder le système mondial, quitte à le faire exploser. Mais attention à ne pas enterrer trop vite l'empire américain. Le dollar reste présent dans 90 % des transactions mondiales, et pour l'instant, il n'a pas de rival sérieux. Le monde en a peut-être marre de l'Amérique, mais il ne peut pas encore s'en passer. En résumé, les marchés, idolâtrent un président un jour et le lynchent le lendemain. Conclusion les marchés ne vendent pas l'Amérique mais ils vendent sans doute l'idée que l'Amérique serait éternelle. Mots-clés : investisseur, investissement, unanimité, Amérique, Etats-Unis, business, Wall Street, indice boursier, technologie, stratège, stratégie, fuite, Make America great again, guerre, constitution, twitter, allié, Chine, crédibilité, stabilité, confiance, dédollarisation, émotion, krach, franc suisse, or, euro, yuan, crypto, toxique --- La chronique économique d'Amid Faljaoui, tous les jours à 8h30 et à 17h30. Merci pour votre écoute Pour écouter Classic 21 à tout moment i: https://www.rtbf.be/radio/liveradio/classic21 ou sur l'app Radioplayer Belgique Retrouvez tous les épisodes de La chronique économique sur notre plateforme Auvio.be :https://auvio.rtbf.be/emission/802 Et si vous avez apprécié ce podcast, n'hésitez pas à nous donner des étoiles ou des commentaires, cela nous aide à le faire connaître plus largement. Découvrez nos autres podcasts : Le journal du Rock : https://audmns.com/VCRYfsPComic Street (BD) https://audmns.com/oIcpwibLa chronique économique : https://audmns.com/NXWNCrAHey Teacher : https://audmns.com/CIeSInQHistoires sombres du rock : https://audmns.com/ebcGgvkCollection 21 : https://audmns.com/AUdgDqHMystères et Rock'n Roll : https://audmns.com/pCrZihuLa mauvaise oreille de Freddy Tougaux : https://audmns.com/PlXQOEJRock&Sciences : https://audmns.com/lQLdKWRCook as You Are: https://audmns.com/MrmqALPNobody Knows : https://audmns.com/pnuJUlDPlein Ecran : https://audmns.com/gEmXiKzRadio Caroline : https://audmns.com/WccemSkAinsi que nos séries :Rock Icons : https://audmns.com/pcmKXZHRock'n Roll Heroes: https://audmns.com/bXtHJucFever (Erotique) : https://audmns.com/MEWEOLpEt découvrez nos animateurs dans cette série Close to You : https://audmns.com/QfFankxDistribué par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

Dow, S&P, and Nasdaq holding onto gains as stocks try to rebound off fresh lows – Sara Eisen, David Faber, and Carl Quintanilla discussed the latest on a big day of earnings and tariff headlines. New this morning: the International Monetary Fund cutting U.S. growth estimates - on tariff headwinds… As names from 3M to GE Aerospace to RTX warn of fresh impacts. Why Barclays says tech might be worth buying here – and more on what to expect from Tesla ahead of results this afternoon.  Also this hour: a wide-ranging interview with European Central Bank President Lagarde… Spanning trade, tariffs, Trump, and even Powell. Why she does not see a recession ahead for Europe – but the U.S. could be a different story.   Squawk on the Street Disclaimer

Brian cuts through the noise surrounding market volatility, interest rates, and U.S.-China trade tensions. As the S&P 500 and Dow show signs of technical stress—with major players like Nvidia and Apple influencing index performance—Brian explains why low-volume selloffs might not be as dire as they appear, and why institutional investors are still holding steady. He explores the practical impacts of tariffs, particularly those targeting China, not from a partisan lens, but from a macroeconomic and behavioral standpoint. With a live call-in from a 24-year-old listener, the show evolves into a broader discussion on generational investing, the rise of AI and robotics, and how young investors should be thinking about long-term opportunity, not just short-term volatility. We wrap up with a call from Congressman Russ Fulcher, who affirms the administration's tariff strategy as a driver of long-term domestic investment. Brian ties it all back to fundamentals: investing against the U.S. economy has historically been a losing bet. Now may be one of the best times to lean in strategically—not emotionally. ––––––––––––––––––––––––––––– Listen, Watch, Subscribe, Ask! https://www.therealmoneypros.com Host: Brian Wiley

Dow, S&P, and Nasdaq kicking off the week in the red - with all the Mag-7 sitting firmly lower. Sara Eisen, David Faber, and Carl Quintanilla broke down the latest for stocks after a weekend of growing calls from President Trump for Fed Chair Powell to be fired… and ahead of huge IMF and World Bank meetings in DC. What investors need to know, and where things stand (on jobs, inflation, consumer sentiment and more) heading into the action, including a breakdown of CNBC's latest All-America Economic survey results.  Plus: a deep dive with Apollo Chief Economist Torsten Slok, on the heels of a new note from the firm arguing there's a 90% probability of a US recession this year – and more with one former U.S. Trade Representative who calls tariffs an “exit ramp” for better policy.  Also within the hour: a Netflix bull-bear debate post-results, the latest out of DOJ Vs. Google, and a live report from the Vatican as tributes roll-in for Pope Francis.   Squawk on the Street Disclaimer

Markets could experience volatility today as options expire; healthcare stocks are also being sympathetic to UnitedHealthCare's unhealthy quarterly report and performance of weight loss drug makers' stocks. Markets are recovering from recent lows: Did the "Death Cross" mark the bottom? Federal Reserve Chair Jerome Powell's recent remarks criticizing President Trump's tariff policies, highlighting their potential to exacerbate inflation and slow economic growth has reignited tensions between Powell and Trump, reminiscent of their earlier disputes during President Trump's first term.​ UnitedHealthCare is struggling with Medicare and Medicaid costs; drug stocks are part of a sector rotation story that includes weight loss pills and clinical trials; Lance and Michael discuss the relative relevance of the Dow vs the S&P, sector rotations, and the danger of listening too closely to negative narratives in the media.  SEG-1: Options Expirations to Generate Market Volatility SEG-2: Powell vs Trump: Liquidity Problems SEG-3: The Saga of UnitedHealthCare SEG-4: Dealing with the Dow vs S&P: Sector Rotations Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Portfolio Manager Michael Lebowitz, CFA Produced by Brent Clanton, Executive Producer ------- Watch today's full show video here: https://www.youtube.com/watch?v=Mt6uvwuEjCQ&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 ------- Articles mentioned in this report: "Swaps And Basis Trades Warn Of Mounting Liquidity Problems" https://realinvestmentadvice.com/resources/blog/swaps-and-basis-trades-warn-of-mounting-liquidity-problems/ “Curb Your Enthusiasm” In 2025" https://realinvestmentadvice.com/resources/blog/curb-your-enthusiasm-in-2025/ "The Dollar And Inflation: Don't Believe The Hype" https://realinvestmentadvice.com/resources/blog/the-dollar-and-inflation-dont-believe-the-hype/ "Yield Spreads Suggest The Risk Isn't Over Yet" https://realinvestmentadvice.com/resources/blog/yield-spreads-suggest-the-risk-isnt-over-yet/ "Basis Trade Sent Yields Soaring – Is It A Warning?" https://realinvestmentadvice.com/resources/blog/basis-trade-sent-yields-soaring-is-it-a-warning/ ------- The latest installment of our new feature, Before the Bell, "Did the "Death Cross" Mark a Market Low?" is here:  https://www.youtube.com/watch?v=QBl6GOYthE8&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "A Dozen Ways to Prepare for Recession" https://www.youtube.com/watch?v=X8jmA-coFbo&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2s ------- Get more info & commentary:  https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #TrumpVsPowell #FederalReserve #InterestRates #Election2025 #MonetaryPolicy #MarketLow #EconomicActivity #DeathCross #MarketConsolidation #CorrectiveCycle #MarketLow #TariffImpact #JeromePowell #DonaldTrump #FederalReserve #RecessionReady #FinancialPlanning #EconomicDownturn #MoneyTips #RecessionProof #RecessionSignals #BondMarketWatch #CreditSpreads #EconomicRisk #FederalReserve #InvestingAdvice #Money #Investing

How to Set Up Our Three Time Frame Chart on TradingView: https://youtu.be/wLwTnrtAOTA I have opened my page to sharing. Find me on TradingView at Thom Goolsby. Here at Charting Wealth, we focus on the reality of price movement by following trends. We teach you a simple and effective method to read stock, ETF and crypto charts, keep your emotions in check and learn when to buy and when to sell. Charting is your road map to the market and the riches it can offer. Forget the hype you see and hear in the financial news media. They are selling products in print ads and commercials. Focus on what is real, no matter how hard it can be to believe! Otherwise, you become a sucker or worse, a slave, to the delusion someone else wants you to believe. Use the lessons we teach every day to accurately chart any stock, commodity, ETF and cryptocurrencies. We give you daily, real life lessons with the five ETFs we track: S&P 500, NASDAQ 100, 20-Year Treasury Bonds, Gold and Bitcoin. We have all the tools you need to learn how to trade. For subscribers, we have a GREAT TRAINING to SUPERCHARGE your practice trading: “The Always Winning Strategy.” If you are not a subscriber, become one! Subscribe for FREE to our daily market reviews & training at http://www.ChartingWealth.com We urge you to "Follow the charts, NOT the noise!” and want to help you follow the market and improve your knowledge of stock and ETF movements. Support our work at PATREON and receive GREAT benefits (training, gifts, etc...): https://www.patreon.com/user?u=14138154 Receive our STOCK ALERTS via TEXT when WEEKLY VERTICAL CROSSOVERS occur. Very valuable information! Less than 8 texts a month. Text “chartingwealth” to 33222 on your cell phone. At ChartingWealth.com, http://chartingwealth.com every day the market is open, we chart the S&P 500, NASDAQ 100, Gold & Bonds. In just a few short minutes, we give you a valuable training update and quickly review the trends we see taking place in the market. At the end of every week, we give you an overview of what happened over the last five days and what's on the calendar for the next trading week. DISCLAIMER: We offer NO advice and make NO claims to expertise of any kind. This site is dedicated to knowledge and education through our stock chart training, reviews and other information -- nothing more.

How to Set Up Our Three Time Frame Chart on TradingView: https://youtu.be/wLwTnrtAOTA I have opened my page to sharing. Find me on TradingView at Thom Goolsby. Here at Charting Wealth, we focus on the reality of price movement by following trends. We teach you a simple and effective method to read stock, ETF and crypto charts, keep your emotions in check and learn when to buy and when to sell. Charting is your road map to the market and the riches it can offer. Forget the hype you see and hear in the financial news media. They are selling products in print ads and commercials. Focus on what is real, no matter how hard it can be to believe! Otherwise, you become a sucker or worse, a slave, to the delusion someone else wants you to believe. Use the lessons we teach every day to accurately chart any stock, commodity, ETF and cryptocurrencies. We give you daily, real life lessons with the five ETFs we track: S&P 500, NASDAQ 100, 20-Year Treasury Bonds, Gold and Bitcoin. We have all the tools you need to learn how to trade. For subscribers, we have a GREAT TRAINING to SUPERCHARGE your practice trading: “The Always Winning Strategy.” If you are not a subscriber, become one! Subscribe for FREE to our daily market reviews & training at http://www.ChartingWealth.com We urge you to "Follow the charts, NOT the noise!” and want to help you follow the market and improve your knowledge of stock and ETF movements. Support our work at PATREON and receive GREAT benefits (training, gifts, etc...): https://www.patreon.com/user?u=14138154 Receive our STOCK ALERTS via TEXT when WEEKLY VERTICAL CROSSOVERS occur. Very valuable information! Less than 8 texts a month. Text “chartingwealth” to 33222 on your cell phone. At ChartingWealth.com, http://chartingwealth.com every day the market is open, we chart the S&P 500, NASDAQ 100, Gold & Bonds. In just a few short minutes, we give you a valuable training update and quickly review the trends we see taking place in the market. At the end of every week, we give you an overview of what happened over the last five days and what's on the calendar for the next trading week. DISCLAIMER: We offer NO advice and make NO claims to expertise of any kind. This site is dedicated to knowledge and education through our stock chart training, reviews and other information -- nothing more.

This is a free preview of a paid episode. To hear more, visit www.theflyingfrisby.comCongratulations to all who bought. Gold is now trading above $3,300. Goldman Sachs has raised its target to $4,000/oz. It's all going swimmingly. But nothing lasts forever.(Actually gold does, but you know what I mean).So, today, I want to ask: when do we sell our gold?To answer that question, I am going to look at some long-term ratios.How is gold looking relative to stocks, to other commodities and against house prices? (We'll look at gold versus house prices in the US, the UK and Australia).There is a strong argument, by the way, for never selling your gold, especially if you're in a country such as the UK with an unreliable national currency. If you don't need the money, keep the gold and pass it on to your heirs - and tell them to do the same. But macro conditions are not always as gold-friendly as they are now. See the 1980s and 90s for more details.What's more, given how these trade wars are unfolding, with unpayable levels of debt across the western world and China's extraordinary accumulation of gold, there is a significant chance - say, 25% - that gold ends up being remonetized somehow.(If China wants global reserve status for its yuan, it'll almost certainly have to make it exchangeable for gold - meaning higher gold prices. But even if not, all China has to do is declare it's real gold holdings, and the price will rocket).In the event of remonetisation, which also means some kind of crisis, gold prices will be dramatically higher. However, it's also likely that your gold would either be confiscated or heavily taxed, so that the gains from the revaluation (aka fiat devaluation) pass to the state rather than the citizen, as happened in the US under Roosevelt in 1933.But let us leave such speculation for another day.As always, if you are looking to buy gold, the bullion dealer I use and recommend is the Pure Gold Company. Pricing is competitive, quality of service is high. They deliver to the UK, the US, Canada and Europe or you can store your gold with them. Find out more here.Gold vs StocksI want to start with the Dow-to-Gold ratio: how many ounces of gold does it take to buy the Dow?There is much history in this chart. It's quite something.You can see how, most of the time, the ratio stays within that green band. It is only at points of maximum extremity that it goes beyond, such as:* The peak of the stock market in 1929* The Great Depression in 1932* The suppression of gold in the 1960s, ending with the collapse of the gold standard in 1971* The peak of 1970s gold mania, inflation, and the Soviet invasion of Afghanistan* The end of the gold bear market in 2000 and the peak of DotcomToday, with gold at $3,300 and the Dow at 40,000, it takes 12 ounces of gold to buy the Dow - and we are in the low- to mid-range of that green prediction band.At the peak of the last gold bull market in September 2011, the ratio reached 5.7.To reach such a level again, either the gold price would have to double (possible) or the Dow would have to halve (unlikely, I would have thought). Most probable is something along the lines of the Dow falling 25% and gold rising another 50%.Would this ratio ever go to 1:1, as it did in 1980? If so, we would be looking at a gold price in the tens of thousands.It's possible, I suppose.I think a ratio of 5-8 is a reasonable possible target. Here's a similar history of gold against the S&P 500:Today, we are at 1.7. It takes 1.7 oz to buy the S&P.The ratio reached 0.2 in the 1930s and 1940s. It went to 0.13 in 1980.I doubt we'll see that again.But that 2011 level of 0.6, or perhaps even a little below if things get really spicy, is not an unreasonable target, I suppose. That could mean the S&P500 at 4,200 and gold at $7,000/oz. Something like that.So that's some bull food for you.In the interests of balance, let's now put some bearish fodder on the menu.We'll start with gold versus oil - and the bad news. Then we'll look at gold and house prices.

There's a second big move in the S&P 500 and it's going to change things! Today we reflect on a historic and volatile week in the markets, highlighting dramatic swings that included 40- to 50-year extremes. We also talk investor psychology, client reactions, and the importance of focusing on long-term planning rather than daily market noise. There's also been a mystery investment that has quietly outperformed this year despite a lack of media attention so it's important to pay attention to all the trends, even the ones that aren't getting mainstream attention. We also share on Warren Buffett's enduring success, Trump's negotiation tactics, and how to spot overlooked opportunities by tracking what isn't crashing when everything else is.  We discuss... A mystery investment that's performed exceptionally well in 2024 but has received zero media attention. How under-the-radar assets often outperform when no one is paying attention. Billionaires lost large amounts of money this year—except Warren Buffett, who gained $12.7 billion. Charts from the previous week showed bond-related assets and corn among top performers, while energy and cannabis sectors lagged. Some Dow stocks barely moved during the selloff—specifically Coca-Cola and McDonald's. We encourage investors to look for stocks that remain resilient during market downturns as potential buying opportunities. Trump's negotiation tactics with China are giving markets a breather while keeping pressure on. Strength in gold miners, healthcare, and food & beverage was cited as areas to watch moving forward. Social media sentiment is largely negative, with most companies underperforming regardless of size. Low volatility stocks are the notable outliers, performing better than other equity factors. Alternative assets like preferreds and hedge funds are also experiencing significant declines. Gold is the surprise top-performing asset this year, up sharply and widely ignored by even gold enthusiasts. Financially strong companies are likely to outperform in uncertain markets and come out stronger. U.S. processed food is often lower quality than international versions, yet less regulated domestically. The 200-day moving average is a key rule of thumb—nothing good tends to happen below it. Global equity markets, particularly Europe and Latin America, remain positive year-to-date despite recent pullbacks. European stocks may offer opportunity, but the speaker expresses skepticism over Europe's long-term competitiveness. The U.S. dollar is down 4% year-to-date and recently broke below its multi-year trading range. Crypto has been mixed, with Bitcoin holding up better than Ethereum but still failing to protect during downturns. Short-term U.S. Treasuries are a reasonable safe option, but cash in one's own currency is the best defense. Investors should stay cautious and avoid big risks during uncertain times, even amid major rebounds. Today's Panelists: Kirk Chisholm | Innovative Wealth Douglas Heagren | ProCollege Planners Follow on Facebook: https://www.facebook.com/moneytreepodcast Follow LinkedIn: https://www.linkedin.com/showcase/money-tree-investing-podcast Follow on Twitter/X: https://x.com/MTIPodcast For more information, visit the show notes at https://moneytreepodcast.com/second-big-move-in-the-sp 

Stocks across the board kicking off Wednesday in the red as Nvidia and the chips drag Tech lower – Carl Quintanilla, David Faber, and Leslie Picker broke down the latest for stocks on a busy morning of earnings and DC headlines, along with fresh data top of the hour. What it all means for stocks like Nvidia and AMD – as both warn of big costs tied Trump's new curb on chips going to China… Plus: Citi's U.S. Equity Strategist joined the team with his take on things – fresh off lowering his estimates for the S&P. Also in focus: United Airlines reporting results – what their CEO is saying about the consumer; A look at whether better-than-feared Retail Sales could be the calm before the storm; The numbers behind a historic boom in 0-day options; And a live read from outside the courtroom as the FTC's antitrust case against Meta continues for a 3rd day Squawk on the Street Disclaimer  

Keep away from people who try to belittle your ambitions. Small people always do that, but the really great make you feel that you, too, can become great. — Mark Twain Sign up at Trading View access my platform and charts: https://www.tradingview.com/?aff_id=136493 How to Set Up Our Three Time Frame Chart on TradingView: https://youtu.be/wLwTnrtAOTA I have opened my page to sharing. Find me on TradingView at Thom Goolsby. Here at Charting Wealth, we focus on the reality of price movement by following trends. We teach you a simple and effective method to read stock, ETF and crypto charts, keep your emotions in check and learn when to buy and when to sell. Charting is your road map to the market and the riches it can offer. Forget the hype you see and hear in the financial news media. They are selling products in print ads and commercials. Focus on what is real, no matter how hard it can be to believe! Otherwise, you become a sucker or worse, a slave, to the delusion someone else wants you to believe. Use the lessons we teach every day to accurately chart any stock, commodity, ETF and cryptocurrencies. We give you daily, real life lessons with the five ETFs we track: S&P 500, NASDAQ 100, 20-Year Treasury Bonds, Gold and Bitcoin. We have all the tools you need to learn how to trade. For subscribers, we have a GREAT TRAINING to SUPERCHARGE your practice trading: “Become a Stock Charting Master with ChartingWealth.com.” If you are not a subscriber, become one! Subscribe for FREE to our daily market reviews & training at http://www.ChartingWealth.com We urge you to "Follow the charts, NOT the noise!” and want to help you follow the market and improve your knowledge of stock and ETF movements. Support our work at PATREON and receive GREAT benefits (training, gifts, etc...): https://www.patreon.com/user?u=14138154 Receive our STOCK ALERTS via TEXT when WEEKLY VERTICAL CROSSOVERS occur. Very valuable information! Less than 8 texts a month. Text “chartingwealth” to 33222 on your cell phone. At ChartingWealth.com, http://chartingwealth.com every day the market is open, we chart the S&P 500, NASDAQ 100, Gold & Bonds. In just a few short minutes, we give you a valuable training update and quickly review the trends we see taking place in the market. At the end of every week, we give you an overview of what happened over the last five days and what's on the calendar for the next trading week. DISCLAIMER: We offer NO advice and make NO claims to expertise of any kind. This site is dedicated to knowledge and education through our stock chart training, reviews and other information -- nothing more.

In the first half, we discuss Liberation Day, the violent reaction of, initially, the stock market and, subsequently, the bond market. In terms of the bond market, we look at the frantic trading from last week that ultimately forced the administration to announce a 90-day pause on most tariffs. Who holds U.S. debt? The answer might surprise you: Total debt - $34 trillion Domestic holders - $26 trillion Japan - $1.1 trillion China - $820 billion (though may be understated as offshore entities, i.e., other countries, are likely being used as well) Other countries - $5.3 trillion In the second half, we discuss the volatile reaction of equities to headlines. Post-Liberation Day, over a 10% decline in two days. The third largest daily gain ever for the S&P 500 on April 9th (when the 90-day pause was announced).   While many pundits cite such a large up day as being a portent of further gains, which is true historically, we put it in context of valuation, and the 20.7x P/E the market currently has is well above the 12.7x multiple the market had on average after other large gains. Similarly, we look at expectations for earnings, what we have heard so far (JP Morgan noted deteriorating credit trends while Wells cited resilient spending), and what we think we might hear from companies as earnings season gets into full swing (hint: prepare for the word “uncertainty” to be a common refrain). Finally, we discuss the administration's stated objectives of bringing back manufacturing and reducing trade deficits. What is not often mentioned is that this approach overlooks service surpluses, and is causing a sharp decline in foreign tourism, which may jeopardize these surpluses. Learn more about Formidable Asset Management, Will Brown, and Adam Eagleston by visiting www.formidableam.com.

„Den perfekten Zeitpunkt gibt's ja eh nicht.“ Oder doch... In diesem Video spreche ich über:

Another day of gains on the S&P, Dow, and Nasdaq: all in the green for the first hour of trade… David Faber, Carl Quintanilla, and Sara Eisen broke down the latest for stocks on a busy morning of headlines and reports. Why the head of investing for Morgan Stanley's Wealth Management division says U.S. equities are worth holding onto – and a deep dive into 3 tariff headlines: China reportedly halting Boeing deliveries as trade tensions intensify, Trump's new investigation into pharmaceutical imports (and potential road to new tariffs on the industry), and LVMH's consumer concerns – as they warn of a “disrupted geopolitical and economic environment”. Also this hour: a wide-ranging interview with Bank of America Chairman & CEO Brian Moynihan, fresh off quarterly results there… Key Topics? Markets, Bonds, Consumer Trends, and more.   Squawk on the Street Disclaimer

For the past decade, U.S. stocks have stolen the spotlight. Fueled by the dominance of tech giants and ultra-low interest rates, American equities have outperformed much of the world—leaving many investors to wonder if there's any need to look beyond U.S. borders. But history—and current market conditions—suggest it may be time to take a fresh look at foreign stocks.A recent article from Sound Mind Investing by Mark Biller outlines why international markets could be poised for a resurgence. From valuation gaps and shifting fiscal policy to global capital flows and post-COVID economic trends, several factors are aligning that could make foreign equities an important part of a well-diversified portfolio again.Let's walk through the key highlights and insights from the article—and why this may be a wise moment to think globally in your investment strategy.Mark Biller is Executive Editor and Senior Portfolio Manager at Sound Mind Investing, an underwriter of Faith & Finance. Why Should U.S. Investors Consider Foreign Stocks?1. Diversification and Market DynamicsForeign stocks offer investors the opportunity to diversify—not just by geography but also by market behavior. While U.S. stocks declined by more than 4% in Q1 of this year, a common international fund used by Sound Mind Investing rose by over 8%. That kind of divergence underscores the value of spreading risk across global markets.Two decades ago, having 20% or more of your equity portfolio in international stocks was standard practice. However, as U.S. markets have surged over the last 14 years—outperforming foreign stocks by a factor of four—many investors have pulled back. History, however, suggests the pendulum could be swinging back.2. The Tech Bubble ParallelRemember the late 1990s tech boom? From 1995 to 1999, the S&P 500 rose more than 20% annually, driven largely by internet stocks. Sound familiar?After the dot-com bubble burst in March 2000, U.S. stocks stalled—gaining just 13% over the next 7.5 years. Meanwhile, foreign stocks soared, climbing 69% during that same stretch. Market cycles like this remind us that chasing performance can lead to missed opportunities elsewhere.3. A Price-to-Earnings DisparityCurrently, U.S. stocks trade at a P/E ratio of around 26—well above historical norms. Foreign stocks? Around 16. That's a significant valuation gap. While valuation alone doesn't indicate when markets will shift, it does suggest that the upside potential for international equities is greater—especially if investor sentiment begins to shift.4. Post-COVID Spending and Sector ShiftsCOVID-19 marked the end of a 40-year trend of declining inflation and interest rates. Since then, we've entered a new environment with higher inflation and rising rates—conditions that benefit the more industrial, less tech-heavy composition of many foreign markets.U.S. tech stocks, dominant in low-rate environments, may not fare as well moving forward. Foreign markets, which lean toward traditional sectors, could outperform in this new economic climate.5. Shifting Fiscal PolicyOne potential catalyst for foreign stock performance is shifting government policies. The U.S. has begun cutting back on spending, while other countries—facing rising defense needs and new trade dynamics—are ramping up.Historically, higher government spending boosts economic growth in the short term. If the U.S. tightens its belt while others open their wallets, we may see a reversal in relative market performance.6. The "Sequencing Risk" of Tariff Policies“Sequencing risk” is a dynamic in which the pain of policy changes is felt up front, while the benefits come later. For example, tariffs initially slow economic activity but are implemented in hopes of long-term economic independence and stability.This could reduce U.S. growth projections in the short term as some foreign economies accelerate. This divergence can significantly influence investment returns.7. Follow the MoneyFor decades, the global economy has operated under a system where the U.S. buys, and the rest of the world recycles its earnings back into U.S. assets. This has been a tailwind for U.S. stocks and bonds.But what happens if the U.S. begins importing less? Those recycled dollars may dry up—meaning less foreign investment in U.S. markets and potentially more reinvestment at home, in countries where those goods are produced. That shift could fuel a rally in international markets.8. It's Not Either/Or—It's Both/AndThis isn't about abandoning U.S. stocks. It's about recapturing the value of a globally diversified portfolio. With international stocks looking attractively priced and a number of tailwinds forming, now may be a wise time to add foreign exposure through mutual funds or ETFs.The impact could be substantial if global capital starts flowing back into foreign stocks.If your portfolio has drifted into a U.S.-only approach over the last decade, now may be the time to revisit your strategy. While no one can predict the future, wise stewardship includes preparing for it with thoughtful diversification.For a deeper dive into this topic, you can read Mark Biller's full article, “Time for Foreign Stocks to Shine?” at SoundMindInvesting.org.On Today's Program, Rob Answers Listener Questions:I want to buy an expensive watch. Is this being a bad steward of God's money? Where's the line between treating myself and overspending?I own a condo unit in a homeowners' association that has been assessed $870,000 for a roof replacement. The association claims the original contractor was paid $438,000 and ran away with the money. Are there any government agencies that can investigate this, and what rights do I have?Resources Mentioned:Faithful Steward: FaithFi's New Quarterly MagazineSound Mind Investing | Time for Foreign Stocks to Shine? By Mark Biller Wisdom Over Wealth: 12 Lessons from Ecclesiastes on Money (Pre-Order)Look At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach.

Let's talk about the uncomfortable truth no one on social media wants to admit: day trading is a losing game and it's keeping you broke.   In this episode, I'm breaking down the real data behind day trading, the psychology that traps people in get-rich-quick loops, and why building wealth the fundamental way is always the better bet. I'm not here to sell you screenshots of fake trading profits or flashy wins, I'm here to walk you through real strategies that have built millions for real families.   If you've ever been tempted to trade based on hype, social media charts, or some guru's “signals,” hit pause. I'm giving you the actual numbers, the tax impact, and the mindset shift you need to walk away from trading and finally build something that lasts.   Key Talking Points of the Episode   00:00 Introduction 01:20 The 1% lie: Why only Wall Street's algorithms win 02:39 TikTok traders, screenshots, and why you're being sold a fantasy 04:06 What the S&P 500 actually returns over time 05:15 More trading = worse performance 06:48 Active traders underperform by 6.5% annually 08:09 Short-term taxes vs. long-term capital gains (and how traders lose) 11:10 90/90/90 Rule: 90% of traders lose 90% of their money in 90 days 13:03 Mutual fund managers can't beat the market—what makes you think you can? 14:35 The psychology of loss 17:20 Stop chasing speed and start chasing freedom 18:58 Build real wealth with a real plan Quotables   “You don't need to beat the market to build wealth. You just need to participate in it—consistently.”   “Traders lose to taxes. They lose to emotion. They lose to time. And most don't even realize it.”   “Real wealth is boring. Real wealth is automated. Real wealth works while you sleep.”   Links   Budgetdog https://budgetdog.com

In order to succeed you must fail, so that you know what not to do the next time. — Anthony J. D'Angelo Sign up at Trading View access my platform and charts: https://www.tradingview.com/?aff_id=136493 How to Set Up Our Three Time Frame Chart on TradingView: https://youtu.be/wLwTnrtAOTA I have opened my page to sharing. Find me on TradingView at Thom Goolsby. Here at Charting Wealth, we focus on the reality of price movement by following trends. We teach you a simple and effective method to read stock, ETF and crypto charts, keep your emotions in check and learn when to buy and when to sell. Charting is your road map to the market and the riches it can offer. Forget the hype you see and hear in the financial news media. They are selling products in print ads and commercials. Focus on what is real, no matter how hard it can be to believe! Otherwise, you become a sucker or worse, a slave, to the delusion someone else wants you to believe. Use the lessons we teach every day to accurately chart any stock, commodity, ETF and cryptocurrencies. We give you daily, real life lessons with the five ETFs we track: S&P 500, NASDAQ 100, 20-Year Treasury Bonds, Gold and Bitcoin. We have all the tools you need to learn how to trade. For subscribers, we have a GREAT TRAINING to SUPERCHARGE your practice trading: “Focus on Occam's Razor for Success in the Market.” If you are not a subscriber, become one! Subscribe for FREE to our daily market reviews & training at http://www.ChartingWealth.com We urge you to "Follow the charts, NOT the noise!” and want to help you follow the market and improve your knowledge of stock and ETF movements. Support our work at PATREON and receive GREAT benefits (training, gifts, etc...): https://www.patreon.com/user?u=14138154 Receive our STOCK ALERTS via TEXT when WEEKLY VERTICAL CROSSOVERS occur. Very valuable information! Less than 8 texts a month. Text “chartingwealth” to 33222 on your cell phone. At ChartingWealth.com, http://chartingwealth.com every day the market is open, we chart the S&P 500, NASDAQ 100, Gold & Bonds. In just a few short minutes, we give you a valuable training update and quickly review the trends we see taking place in the market. At the end of every week, we give you an overview of what happened over the last five days and what's on the calendar for the next trading week. DISCLAIMER: We offer NO advice and make NO claims to expertise of any kind. This site is dedicated to knowledge and education through our stock chart training, reviews and other information -- nothing more.

Stocks kicking off the week with another volatile session. How the latest tariff headlines are causing even more market swings, why a technical ‘death cross' is flashing warning signs in the S&P 500's technicals, and why one currency expert says to steer clear of the U.S. dollar. Plus Why there's more under the hood on EU auto imports & exports, and what “help” from Washington could look like as tariffs hit the industry. Fast Money Disclaimer

S&P, Dow, and Nasdaq all kicking off the week in the green for the first hour of trade – David Faber, Carl Quintanilla, and Leslie Picker broke down the latest headlines out of Washington amidst some confusion on tariff carve-outs for key products like laptops and smartphones. What the White House is saying – plus more on what it could mean for Apple and Nvidia, as those shares gain. Also in focus: Who will drive the Post-American Global Economy? Former U.K. Treasury Minister and once Chairman of Goldman's Asset Management Business, Jim O'Neill joined the team fresh off a new op-ed arguing for new strategies here… And CNBC's Steve Liesman broke down new worries over the Dollar, hitting 3-year lows in the session. Plus: how to play the bank stocks here, as Goldman becomes the latest of the group to report new numbers – and CEO David Solomon warns of recession risks on the call… And what's at stake in the FTC's growing battle with Meta, as their antitrust case kicks off in court today. Squawk on the Street Disclaimer

Anyone can give up, it's the easiest thing in the world to do. But to hold it together when everyone else would understand if you fell apart, that is true strength. — Viktor E. Frankl Sign up at Trading View access my platform and charts: https://www.tradingview.com/?aff_id=136493 How to Set Up Our Three Time Frame Chart on TradingView: https://youtu.be/wLwTnrtAOTA I have opened my page to sharing. Find me on TradingView at Thom Goolsby. Here at Charting Wealth, we focus on the reality of price movement by following trends. We teach you a simple and effective method to read stock, ETF and crypto charts, keep your emotions in check and learn when to buy and when to sell. Charting is your road map to the market and the riches it can offer. Forget the hype you see and hear in the financial news media. They are selling products in print ads and commercials. Focus on what is real, no matter how hard it can be to believe! Otherwise, you become a sucker or worse, a slave, to the delusion someone else wants you to believe. Use the lessons we teach every day to accurately chart any stock, commodity, ETF and cryptocurrencies. We give you daily, real life lessons with the five ETFs we track: S&P 500, NASDAQ 100, 20-Year Treasury Bonds, Gold and Bitcoin. We have all the tools you need to learn how to trade. For subscribers, we have a GREAT TRAINING to SUPERCHARGE your practice trading: “Trend Line Basics, Part 2 of 2.” If you are not a subscriber, become one! Subscribe for FREE to our daily market reviews & training at http://www.ChartingWealth.com We urge you to "Follow the charts, NOT the noise!” and want to help you follow the market and improve your knowledge of stock and ETF movements. Support our work at PATREON and receive GREAT benefits (training, gifts, etc...): https://www.patreon.com/user?u=14138154 Receive our STOCK ALERTS via TEXT when WEEKLY VERTICAL CROSSOVERS occur. Very valuable information! Less than 8 texts a month. Text “chartingwealth” to 33222 on your cell phone. At ChartingWealth.com, http://chartingwealth.com every day the market is open, we chart the S&P 500, NASDAQ 100, Gold & Bonds. In just a few short minutes, we give you a valuable training update and quickly review the trends we see taking place in the market. At the end of every week, we give you an overview of what happened over the last five days and what's on the calendar for the next trading week. DISCLAIMER: We offer NO advice and make NO claims to expertise of any kind. This site is dedicated to knowledge and education through our stock chart training, reviews and other information -- nothing more.

Mark Longo, Uncle Mike Tosaw, and Andrew 'The Rock Lobster' Giovinazzi analyze large movements in the S&P, trading strategies in volatile markets, a breakdown of options on smaller stocks like ONDS and BYRN, and audience engagement through flash polls and Q&A. Uncle Mike delivers a Strategy Block focusing on protective puts and risk management. The show wraps up with insights into the upcoming trading week and how to stay informed.   01:25 Meet the Hosts and Kickoff 03:02 80s Trivia Challenge 06:29 Market Analysis and Trading Block 11:29 Insights on Tariffs and Market Reactions 18:29 Hedged Equity and Bond Market Observations 23:55 Options Market Volume and Trends 29:52 Antitrust Case and Meta's Future 30:13 Tech Stocks Performance 30:52 Palantir's Wild Ride 31:23 Apple's Market Moves 33:19 Tesla's Market Trends 34:00 Nvidia's Dominance 34:17 Earnings Season Overview 35:38 Unusual Options Activity (ONDS and BYRN) 46:12 Protective Puts in a Volatile Market 50:30 Market Trends and Predictions 55:24 Conclusion and Upcoming Events  

Week of 04/14/2025 | Episode 2/12 - ⁠⁠⁠⁠⁠⁠⁠⁠⁠Listen on Spotify⁠⁠⁠⁠⁠⁠⁠⁠⁠ -⁠⁠⁠⁠⁠⁠⁠⁠⁠Listen on Apple⁠⁠⁠⁠⁠⁠⁠⁠⁠ -

Ralph speaks to Washington Post columnist Dana Milbank about the Trump Administration's path of destruction in our federal government. Then, Ralph welcomes legendary public interest lawyer Alan Morrison to discuss the President's authority to impose tariffs and other constitutional questions.Dana Milbank is a nationally syndicated op-ed columnist for the Washington Post. He also provides political commentary for various TV outlets, and he is the author of five books on politics, including the New York Times bestseller The Destructionists and the national bestseller Homo Politicus. His latest book is Fools on the Hill: The Hooligans, Saboteurs, Conspiracy Theories and Dunces who Burned Down the House.I shouldn't be amazed, but Mike Johnson never ceases to amaze me with the rapidity with which he'll just drop to his knees whenever Trump says something.Dana MilbankWe're going to know this shortly, but it does appear that Trump's honeymoon may be over in the House as the conservatives finally seem to be finding their backbones. But I've thought that might happen before and then only to find out that they, in fact, they could not locate their backbones. So I don't want to be premature.Dana MilbankTrump seems to be gambling (and the administration seems to be gambling) that ultimately the Supreme Court is going to a wholesale reinterpretation of the Constitution to grant these never-before-seen executive powers, and it's possible that he's right about that. We're not going to know that. There have been a couple of preliminary rulings that seem friendly to Trump, but none of those is final, so we can't really be sure of it.Dana MilbankMy guess is that Chief Justice Roberts is seeing his legacy heading toward the ditch after his decision of Trump v. United States, where he said that Presidents cannot be criminally prosecuted….My guess is he's going to unpleasantly surprise Trump in the coming months.Ralph NaderAlan Morrison is the Lerner Family Associate Dean for Public Interest & Public Service at George Washington Law School. He currently teaches civil procedure and constitutional law, and previously taught at Harvard, NYU, Stanford, Hawaii, and American University law schools. He has argued 20 cases in the Supreme Court and co-founded the Public Citizen Litigation Group in 1972, which he directed for more than 25 years.It's inevitable that even for a non-economist like myself to understand that [the costs of tariffs] are going to be passed on. Other than Donald Trump, I don't think there's anybody who believes that these taxes are not going to be passed on and that they're going to be borne by the country from which the company did the exporting.Alan MorrisonIt's an uphill battle on both the statutory interpretation and the undue delegation grounds, but our position is rather simple: If the Congress doesn't write a statute so that there's something that the government can't order or do, then it's gone too far. In effect, it has surrendered to the President its power to set policy and do the legislative function. Interestingly, Trump has trumpeted the breadth of what he's doing here. He calls it a revolution. Well, if we have revolutions in this country, my copy of the Constitution says that the Congress has to enact revolution and the President can't do it on its own. So we think we've got a pretty strong case if we can get it to court.Alan MorrisonOne of the things that I've been struck by is that laws alone cannot make this country governable. That we can't write laws to cover every situation and every quirk that any person has, especially the President. We depend on the norms of government—that people will do things not exactly the way everybody did them before, but along the same general lines, and that when we make change, we make them in moderation, because that's what the people expect. Trump has shed all norms.Alan MorrisonNews 4/9/251. Our top story this week is the killing of Omar Mohammed Rabea, an American citizen in Gaza. Known as Amer, the BBC reports the 14-year-old was shot by the Israeli military along with two other 14-year-old boys “on the outskirts of Turmus Ayya” on Sunday evening. Predictably, the IDF called these children “terrorists.” According to NJ.com – Rabea formerly resided in Saddle Brook, New Jersey – Rabea's uncle sits on the board of a local Palestinian American Community Center which told the press “The ambulance was not allowed to pass the checkpoint for 30 minutes, a denial in medical treatment that ultimately resulted in Amer's death…[his] death was entirely preventable and horrifically unjust. He was a child, a 14-year-old boy, with an entire life ahead of him.” The Rachel Corrie Foundation, founded in honor of the American peace activist killed by an Israeli bulldozer while protesting the demolition of a Palestinian home, issued a statement reading “Rabea's death…was perpetuated by Israeli settlers who act with impunity…We believe that if our own government demanded accountability…Rabea would still be alive.” The Council on American-Islamic Relations (CAIR) has sent a letter to Attorney General Bondi demanding an investigation, but chances of the Trump administration pursuing justice in this case are slim.2. Meanwhile, President Trump seems to be driving the U.S. economy into a deep recession. Following his much-publicized tariff announcement last week – which included 10% tariffs on uninhabited Heard and McDonald Islands – the S&P dipped by 10.5%, among the largest drops in history, per the New York Times. Far from making Trump back off however, he appears dead set on pushing this as far as it will go. After the People's Republic of China responded to the threat of a 54% tariff with a reciprocal 34% tariff, Trump announced the U.S. will retaliate by upping the tariff to a whopping 104% on Chinese imports, according to the BBC. Reuters reports that JP Morgan forecasts a 60% chance of a recession as a result of these tariffs.3. In more foreign affairs news, on Friday April 4th, South Korea's President Yoon Suk Yeol was officially removed from office by that country's Constitutional Court, “ending months of uncertainty and legal wrangling after he briefly declared martial law in December,” per CNN. The South Korean parliament had already voted to impeach Yoon in December of 2024. The court's decision was unanimous and characterized the leader's actions as a “grave betrayal of the people's trust.” Upon this ruling being handed down, Yoon was forced to immediately vacate the presidential residence. A new election is scheduled for June 3rd. Incredible what a political and judicial class unafraid to stand up to lawlessness can accomplish.4. Speaking of ineffectual opposition parties, one need look no further than Texas' 18th congressional district. This safe Democratic district – including most of central Houston – was held by Congresswoman Sheila Jackson Lee from 1995 until her death in 2024. According to the Texas Tribune, Lee planned to run yet again in 2024, triumphing over her 43-year-old former aide Amanda Edwards in the primary. However, Lee passed in July of 2024. Edwards again sought the nomination, but the Harris County Democratic Party instead opted for 69-year-old former Houston Mayor Sylvester Turner, per the Texas Tribune. Turner made it to March of 2025 before he too passed away. This seat now sits vacant – depriving the residents of central Houston of congressional representation and the Democrats of a vote in the House. Governor Gregg Abbot has announced that he will not allow a special election before November 2025, the Texas Tribune reports. This is a stunning Democratic own-goal and indicative of the literal death grip the gerontocratic old guard continue to have on the party.5. One ray of hope is that Democratic voters appear to be waking up the ineffectual nature of the party leadership. A new Data for Progress poll of the 2028 New York Senate primary posed a hypothetical matchup between incumbent Senator Chuck Schumer and Democratic Socialist firebrand Congresswoman Alexandria Ocasio-Cortez – and found AOC with a staggering lead of 19 points. This poll showed AOC winning voters under 45 by 50 points, over 45s by eight points, non-college educated by 16 points, college educated by 23 points, Black and white voters by 16 points, and Latinos by 28. Schumer led among self-described “Moderates” by 15 and no other group. It remains to be seen whether the congresswoman from Queens will challenge the Senate Minority Leader, but this poll clearly shows her popularity in the state of New York, and Schumer's abysmal reputation catching up with him.6. Another bright spot from New York, is Zohran Mamdani's mayoral candidacy and specifically his unprecedented field operation. According to the campaign, between April 1st and April 6th, volunteers knocked on 41,591 doors. No mayoral campaign in the history of the city has generated a grassroots movement of this intensity, with politicians traditionally relying on political machines or enormous war chests to carry them to victory. Mamdani has already reached the public financing campaign donation cap, so he can focus all of his time and energy on grassroots outreach. He remains the underdog against former Governor Andrew Cuomo, but his campaign appears stronger every day.7. Turning to the turmoil in the federal regulatory apparatus, POLITICO reports Secretary of Health and Human Services Robert F. Kennedy Jr. has eliminated the Freedom of Information Act offices at the Centers for Disease Control, and other HHS agencies. An anonymous source told the publication that HHS will consolidate its FOIA requests into one HHS-wide office, but “Next steps are still in flux.” In the meantime, there will be no one to fulfill FOIA requests at these agencies. This piece quotes Scott Amey, general counsel at the Project on Government Oversight, who said this “sends a wrong message to the public on the administration's commitment to transparency.” Amey added, “I often say that FOIA officers are like librarians in knowing the interactions of the agency…If you don't have FOIA officers with that specific knowledge, it will slow down the process tremendously.”8. At the Federal Trade Commission, Axios reports the Trump administration has “paused” the FTC's lawsuit against major pharmacy benefit managers, or PBMs, related to “the drug middlemen…inflating the price of insulin and driving up costs to diabetes patients.” The case, filed against CVS Caremark, OptumRx and Express Scripts was halted by the FTC in light of “the fact that there are currently no sitting Commissioners able to participate in this matter.” That is because Trump unlawfully fired the two remaining Democratic commissioners Alvaro Bedoya and Rebecca Slaughter. In a statement, former FTC Chair Lina Khan called this move “A gift to the PBMs.”9. One federal regulatory agency that seems to be at least trying to do their job is the Federal Aviation Administration. According to the American Prospect, the FAA has “[has] proposed [a] rule that would mandate Boeing update a critical communications malfunction in their 787 Dreamliner plane that could lead to disastrous accidents.” As this piece explains, “very high frequency (VHF) radio channels are transferring between the active and standby settings without flight crew input.” The FAA's recommendation in is that Boeing address the issue with an update to the radio software. Yet disturbingly, in one of the comments on this proposed rule Qatar Airways claims that, “[they have] already modified all affected…airplanes with … [the recommended software updates] …However … flight crew are still reporting similar issues.” This comment ends with Qatar Airways stating that they believe, “the unsafe condition still exists.” Boeing planes have been plagued by critical safety malfunctions in recent years, most notably the 2018 and 2019 crashes that killed nearly 350 people.10. Finally, on a somewhat lighter note, you may have heard about Bryan Johnson, the tech entrepreneur dubbed “The Man Who Wants to Live Forever.” Johnson has attracted substantial media attention for his unorthodox anti-aging methods, including regular transfusions of plasma from his own son. But this story is not about Johnson's bizarre immortality obsession, but rather his unsavory corporate practices. A new piece in New York Magazine focuses on the lawsuits filed against Johnson by his all-too-mortal workers, represented by eminent labor lawyer Matt Bruenig. This piece relays how Johnson “required his staffers to sign 20-page NDAs,” and an “opt-in” document which informed his employees they had to be comfortable “being around Johnson while he has very little clothing on” and “discussions for media production including erotica (for example, fan fiction including but not limited to story lines/ideas informed by the Twilight series and-or 50 Shades of Grey.)” Bruenig says, “That stuff is weird,” but his main interest is in the nondisparagement agreements, including the one Johnson's former employee and former fiancée Taylor Southern entered into which has further complicated an already thorny legal dispute between Johnson and herself. Now Bruenig is fighting for Southern and against these blanket nondisparagement agreements in a case that could help define the limits of employer's power to control their workers' speech. Hopefully, Bruenig will prevail in showing that Johnson, whatever his pretensions, truly is a mere mortal.This has been Francesco DeSantis, with In Case You Haven't Heard. Get full access to Ralph Nader Radio Hour at www.ralphnaderradiohour.com/subscribe

Confused by all the stock market headlines and tariff talk lately? Let's make it make sense.   In this episode, the guys break down what's really going on with Trump's tariffs, the impact on the global economy, and why smart investors aren't panicking, they're preparing. Instead of focusing on the noise, they zero in on the opportunity: why this might actually be one of the best moments to start investing.   From understanding what a stock actually is to how the S&P 500 has remained a consistent force since the 1920s, they'll walk you through key financial terms, smart entry points, and what you should have in place before you make your next move. Whether you're new to investing or ready to take things to the next level, this episode will help you see the market more clearly and build confidence to step in.   “We can't control the chaos, only how we respond” - T Rex   You'll leave this episode with…   A clear understanding of what tariffs are and how they impact your money.   Why Trump's tariffs are shaking up the global economy and what it means for you.   A fresh perspective on how turbulent markets can create smart investment opportunities.   What the stock market actually is, and how it works in plain terms.   The difference between bullish and bearish markets and why it matters.   What the S&P 500 is and why it's been a stable force since the 1920s.   What blue chip and small cap companies are, and how to invest in them wisely.   The first steps to take if you're ready to start investing.   What an emergency fund is and how much of your income should go into it.   Simple tools and resources to help you start investing with confidence.   How your company might be able to help you grow your investments.   The Manhood Experiment that gives you the confidence and inspiration to start your investment journey.   -----   Leave a Review: If you enjoyed the show, please leave us an encouraging review and tell us why you loved the show. Remember to click ‘subscribe' so you get all of our latest episodes. https://ratethispodcast.com/man   What is the Manhood Experiment? It's a weekly podcast where we give you one experiment to level up your mind, career, business, health, relationships and more!   For more tips and behind the scenes, follow us on:   Instagram @ManhoodExperiment Tiktok @ManhoodExperiment Threads @ManhoodExperiment Submit your questions @ www.manhoodexperiment.com    

S&P, Dow, and Nasdaq all on pace for gains week-to-date, despite another volatile first hour of trade: Sara Eisen, David Faber, and Michael Santoli broke down the latest as China strikes back with additional tariffs on U.S. goods and bond yields see another big jump. Consumer Sentiment coming in at multi-year lows before the team headed live to Beijing for a read from the ground – and Trivariate's Adam Parker discussed his top picks here, along with Goldman's Chief U.S. Economist -fresh off the firm's quick turn on a recession call earlier this week. Plus: A deep-dive into new numbers out of the Big Banks… JPMorgan, Wells Fargo, and Morgan Stanley all reporting results this morning: what they're saying about the consumer – and President Trump's tariff moves.   Squawk on the Street Disclaimer

The Rich Zeoli Show- Hour 1: 3:05pm- In a post to Truth Social, President Donald Trump announced that he has “authorized a 90 day pause” on heightened reciprocal tariffs—with a much lower 10% universal tariff going into effect instead. China, however, will be charged with a 125% tariff. Trump insisted that China's “days of ripping off the USA, and other countries, is no longer sustainable or acceptable.” 3:20pm- In response to President Donald Trump's reciprocal tariff pause, the S&P 500 has risen over 9%. 3:40pm- Will Democrats give President Trump credit for getting tough on China? In 2005 Senator Chuck Schumer advocated for a 27% reciprocal tariff on Chinese imports—noting that their unfair trade practices prevent American goods from being sold in the Chinese market. Similarly, in 1996 Congresswoman Nancy Pelosi called the “U.S.-China trade relationship…a job loser for the United States.” Weekday afternoons on Talk Radio 1210 WPHT, Rich Zeoli gives the expert analysis and humorous take that we need in this crazy political climate. Along with Executive Producer Matt DeSantis and Justin Otero, the Zeoli show is the next generation of talk radio and you can be a part of it weekday afternoons 3-7pm.

The Rich Zeoli Show- Hour 3: 5:05pm- On Wednesday, from the Oval Office, President Donald Trump signed a series of executive orders aimed at reviving domestic shipbuilding and reversing onerous regulations adopted during the Biden Administration—explicitly mentioning burdensome regulations that limit water pressure. Trump joked that he needs adequate water pressure to properly maintain his “beautiful hair.” While speaking with the press, Trump also called out Harvard University for admitting students who aren't competent in mathematics. According to reports, Harvard is now offering freshmen the opportunity to enroll in a remedial math course—as many incoming students don't have the math skills necessary to excel at the Ivy League school. 5:15pm- In a post to Truth Social, President Donald Trump announced that he has “authorized a 90 day pause” on heightened reciprocal tariffs—with a much lower 10% universal tariff going into effect instead. China, however, will be charged with a 125% tariff. Trump insisted that China's “days of ripping off the USA, and other countries, is no longer sustainable or acceptable.” 5:20pm- While speaking at a dinner hosted by the National Republican Congressional Committee on Tuesday night, President Trump joked that countries were “kissing my ass” trying to make new trade deals. He also referred to Adam Schiff as “watermelon head” because he has an enormous noggin and an oddly thin neck. 5:25pm- In response to President Donald Trump's reciprocal tariff pause, the S&P 500 has risen over 9%. According to reports, the S&P 500's gains were the biggest one-day increase since October 2008. 5:30pm- Susan Crabtree—RealClearPolitics National Political Correspondent & Author of the book, “Fools Gold: The Radicals, Con Artists, and Traitors Who Killed the California Dream and Now Threaten Us All”—joins The Rich Zeoli Show to discuss disturbing new details on Ryan Routh's alleged plot to kill Donald Trump in Palm Beach, Florida. Evidence suggests that Routh attempted to acquire a stinger missile. You can find her book here: https://a.co/d/1g9qLKf. Weekday afternoons on Talk Radio 1210 WPHT, Rich Zeoli gives the expert analysis and humorous take that we need in this crazy political climate. Along with Executive Producer Matt DeSantis and Justin Otero, the Zeoli show is the next generation of talk radio and you can be a part of it weekday afternoons 3-7pm.

The Rich Zeoli Show- Full Show (04/09/2025): 3:05pm- In a post to Truth Social, President Donald Trump announced that he has “authorized a 90 day pause” on heightened reciprocal tariffs—with a much lower 10% universal tariff going into effect instead. China, however, will be charged with a 125% tariff. Trump insisted that China's “days of ripping off the USA, and other countries, is no longer sustainable or acceptable.” 3:20pm- In response to President Donald Trump's reciprocal tariff pause, the S&P 500 has risen over 9%. 3:40pm- Will Democrats give President Trump credit for getting tough on China? In 2005 Senator Chuck Schumer advocated for a 27% reciprocal tariff on Chinese imports—noting that their unfair trade practices prevent American goods from being sold in the Chinese market. Similarly, in 1996 Congresswoman Nancy Pelosi called the “U.S.-China trade relationship…a job loser for the United States.” 4:05pm- On Wednesday, from the Oval Office, President Donald Trump signed a series of executive orders aimed at reviving domestic shipbuilding and reversing onerous regulations adopted during the Biden Administration—explicitly mentioning burdensome regulations that limit water pressure. Trump joked that he needs adequate water pressure to properly maintain his “beautiful hair.” While speaking with the press, Trump also called out Harvard University for admitting students who aren't competent in mathematics. According to reports, Harvard is now offering freshmen the opportunity to enroll in a remedial math course—as many incoming students don't have the math skills necessary to excel at the Ivy League school. 4:30pm- Michael Whatley—Chairman of the Republican National Committee—joins The Rich Zeoli Show to react to President Donald Trump's announced 90-day pause on reciprocal tariffs and the decision to place a tariff of 125% on Chinese goods. He explains: “For too long we had politicians in America that just rolled over and let China put these policies in place without any response.” Plus, Chairman Whatley discusses election integrity lawsuits still unfolding in Pennsylvania—pointing out that PA will undoubtedly be a crucial state in future elections. 5:05pm- On Wednesday, from the Oval Office, President Donald Trump signed a series of executive orders aimed at reviving domestic shipbuilding and reversing onerous regulations adopted during the Biden Administration—explicitly mentioning burdensome regulations that limit water pressure. Trump joked that he needs adequate water pressure to properly maintain his “beautiful hair.” While speaking with the press, Trump also called out Harvard University for admitting students who aren't competent in mathematics. According to reports, Harvard is now offering freshmen the opportunity to enroll in a remedial math course—as many incoming students don't have the math skills necessary to excel at the Ivy League school. 5:15pm- In a post to Truth Social, President Donald Trump announced that he has “authorized a 90 day pause” on heightened reciprocal tariffs—with a much lower 10% universal tariff going into effect instead. China, however, will be charged with a 125% tariff. Trump insisted that China's “days of ripping off the USA, and other countries, is no longer sustainable or acceptable.” 5:20pm- While speaking at a dinner hosted by the National Republican Congressional Committee on Tuesday night, President Trump joked that countries were “kissing my ass” trying to make new trade deals. He also referred to Adam Schiff as “watermelon head” because he has an enormous noggin and an oddly thin neck. 5:25pm- In response to President Donald Trump's reciprocal tariff pause, the S&P 500 has risen over 9%. According to reports, the S&P 500's gains were the biggest one-day increase since October 2008. 5:30pm- Susan Crabtree—RealClearPolitics National Political Correspondent & Author of the book, “Fools Gold: The Radicals, Con Artists, and Traitors Who Killed the California D ...

Jason and Rahul Sen Sharma, an expert on indexes from Index (INDXX), discuss global economic shifts, trade wars, and the stock market. His company tracks over $20 billion in index-based assets, aiding companies in creating indexes, ETFs, and funds. He emphasizes focusing on long-term macro trends over daily market noise, highlighting "re-globalization" as a key shift driven by supply chain vulnerabilities and a desire for friendly-shoring and near-shoring. While tariffs may offer short-term benefits to some countries like India and Mexico, the focus should be on transformative trends like EVs, battery tech, renewables, and critical metals for long-term investment. He also touches on the importance of understanding index rulebooks due to performance divergences and addresses concerns about the S&P 500's concentration, suggesting the marketplace will dictate the need for alternative weighting. https://www.indxx.com/ #Indexes #Economy #TradeWar #Tariffs #StockMarket #Globalization #Reglobalization #Friendshoring #Nearshoring #Investment #Finance #ETFs #MarketTrends #Macroeconomics #RahulSenSharma #INDXX Key Takeaways: 1:28 Meet Rahul 2:16 Broad strokes and taking a macro view 5:11 Reglobalization 7:49 Level playing field 9:43 Where do we go from here 13:16 A difference in indexes 16:24 Self-indexing and the active managers 20:50 The big picture perspective   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com    

There is a big move coming in the S&P 500. In today's episode we dive into the recent market volatility triggered by geopolitical tensions, tariffs, and investor sentiment. We talk on the challenge of predicting markets and the importance of investing discipline, especially amid fear-driven reactions. And despite a possible short-term bounce, the market may remain in a downtrend. Tariffs also play a role in all of this so it's important to note real intent behind economic policy shifts, and how media narratives often distort the bigger picture. Learning to separate political bias from financial decision-making is key.  We discuss... The title “Big Move in the S&P 500 is Coming” turned out to be timely despite being chosen a week in advance. Recent market volatility was attributed to unexpected tariffs and general investor fear. The S&P 500 remains significantly overvalued, with a current PE ratio around 34 versus a historical average of 17. A 50% drop in the market would return valuations to historically normal levels. Investor psychology suggests more panic-selling could happen early in the following week before a potential bounce. Markets typically don't move in straight lines and operate within up-and-down momentum cycles. Conservative positioning is advised; sitting on the sidelines may be the safer play for now. The only assets showing strength recently are crypto (Bitcoin, Ethereum), the VIX, bonds, and a few niche equities like corn and select homebuilders. Investors should separate political views from market expectations—markets don't move based on who's in office alone. Hedge fund selling contributed to the rapid downturn, but circuit breakers were not triggered. New tariffs aim to support U.S. employment and reduce reliance on China but will likely raise import prices and disrupt supply chains. Decoupling from China is a long-term goal, but current policy actions are more blunt than strategic. Trump's unpredictable comments can swing markets dramatically, underscoring the need to focus on fundamentals over headlines. The COVID-19 pandemic acted as a catalyst for the market downturn, but the market was already overheated prior to 2020. The U.S. government may benefit from locking in lower rates on its debt, providing some relief if the economy slows Tariffs and market volatility may lead to long-term disruptions, affecting investments like 401(k)s, as negotiations continue. Gold is considered a secret bull market amid chaos, with institutional and government demand increasing. Bonds are not performing as strongly as in previous market downturns, indicating ongoing challenges in fixed-income markets. The crypto market has shown unexpected resilience despite a broader market selloff, which could be a slightly bullish indicator. China and the US are in a trade conflict, with the US trying to counter unfair tariffs, but this may lead to shifts in global supply chains to countries like Vietnam and India.   Today's Panelists: Kirk Chisholm | Innovative Wealth Douglas Heagren | ProCollege Planners Follow on Facebook: https://www.facebook.com/moneytreepodcast Follow LinkedIn: https://www.linkedin.com/showcase/money-tree-investing-podcast Follow on Twitter/X: https://x.com/MTIPodcast For more information, visit the show notes at https://moneytreepodcast.com/big-move-in-the-sp-701 

The Rich Zeoli Show- Hour 1: 3:05pm- In response to the Trump Administration's reciprocal tariff, the S&P 500 fell nearly 1% on Monday—and is now down 14% over the last three days of trading. It has lost more than $5 trillion in value since the beginning of last week. Meanwhile, the Dow Jones Industrial Average has declined by more than 20% from its recent high, entering correction territory. 3:30pm- On Monday, President Donald Trump met with Israeli Prime Minister Benjamin Netanyahu in the Oval Office. During the meeting Trump answered numerous questions from the press—many regarding tariffs and the U.S. economy. Netanyahu pledged to eliminate the trade deficit between the U.S. and Israel and reduce tariffs on U.S. imports to 0%. 3:50pm- China has vowed to place an additional 34% tariff on U.S. imported goods—matching the tariffs the Trump Administration announced against Chinese-made products. In a post to Truth Social, Trump warned that if China retaliates, he will impose an additional 50% tariff on their goods effective on April 9th. Trump continued: “Negotiations with other countries, which have also requested meetings, will begin taking place immediately.” Weekday afternoons on Talk Radio 1210 WPHT, Rich Zeoli gives the expert analysis and humorous take that we need in this crazy political climate. Along with Executive Producer Matt DeSantis and Justin Otero, the Zeoli show is the next generation of talk radio and you can be a part of it weekday afternoons 3-7pm.

The Rich Zeoli Show- Full Show (04/07/2025): 3:05pm- In response to the Trump Administration's reciprocal tariff, the S&P 500 fell nearly 1% on Monday—and is now down 14% over the last three days of trading. It has lost more than $5 trillion in value since the beginning of last week. Meanwhile, the Dow Jones Industrial Average has declined by more than 20% from its recent high, entering correction territory. 3:30pm- On Monday, President Donald Trump met with Israeli Prime Minister Benjamin Netanyahu in the Oval Office. During the meeting Trump answered numerous questions from the press—many regarding tariffs and the U.S. economy. Netanyahu pledged to eliminate the trade deficit between the U.S. and Israel and reduce tariffs on U.S. imports to 0%. 3:50pm- China has vowed to place an additional 34% tariff on U.S. imported goods—matching the tariffs the Trump Administration announced against Chinese-made products. In a post to Truth Social, Trump warned that if China retaliates, he will impose an additional 50% tariff on their goods effective on April 9th. Trump continued: “Negotiations with other countries, which have also requested meetings, will begin taking place immediately.” 4:00pm- On Monday, President Donald Trump met with Israeli Prime Minister Benjamin Netanyahu in the Oval Office. During the meeting Trump answered numerous questions from the press—many regarding tariffs and the U.S. economy. Netanyahu pledged to eliminate the trade deficit between the U.S. and Israel and reduce tariffs on U.S. imports to 0%. 4:30pm- Bill D'Agostino—Senior Research Analyst at Media Research Center—joins The Rich Zeoli Show to break down some of the best (and worst) clips from corporate media. Chief Justice John Roberts temporarily blocked a district court order demanding the return of a man the Trump Administration sent to an El Salvadorian prison. The deported man was in the U.S. illegally and, according to the administration, is a member of the gang MS-13. D'Agostino points out, however, that corporate media continually has continually referred to the deportee as “a Maryland father”—as if he had been randomly selected for removal! 5:05pm- Phil Kerpen—President of American Commitment—joins The Rich Zeoli Show to discuss the 2017 Trump tax cuts which will expire at the end of the year. Kerpen explains it is urgent the House and Senate agree on language to make those cuts permanent, especially with the economic uncertainty surrounding the Trump Administration's reciprocal tariffs. 5:30pm- While appearing on Fox News Sunday with Shannon Bream, U.S. Attorney General Pam Bondi said there is a “constitutional crisis”—pointing out that “since January 20th, we've had over 170 lawsuits filed against” the Trump Administration. Notably, Chief Justice John Roberts temporarily blocked a district court order demanding the return of a man the Trump Administration sent to an El Salvadorian prison. Meanwhile, New York Attorney General Letitia James told a crowd that she will use the law as a “sword” to go after President Donald Trump. 6:05pm- On Monday, President Donald Trump met with Israeli Prime Minister Benjamin Netanyahu in the Oval Office. During the meeting Trump answered numerous questions from the press—many regarding tariffs and the U.S. economy. Netanyahu pledged to eliminate the trade deficit between the U.S. and Israel and reduce tariffs on U.S. imports to 0%. Similarly, Vietnam has pledged to reduce its tariffs to zero—however, while appearing on CNBC's Squawk Box, White House Trade Advisor Peter Navarro said it was “a small first start” and insisted the nation must also end trade “cheating.” During the interview, Navarro specifically mentioned Chinese products routed through Vietnam to avoid paying additional fees. 6:10pm- In response to the Trump Administration's reciprocal tariffs and the stock market's reaction, Goldman Sachs is now placing the likelihood of a recession at 45%. Treasury Secretary Scott Bessent has do ...