Podcasts about State Street

The National Public Housing Museum is hosting the artwork of Nathaniel Mary Quinn, including a recreated Robert Taylor Homes living room he grew up in. Quinn's exhibit “A Love Letter to My Mother” explores the complexities of family, living in public housing, and love. In the Loop talks to artists from Chicago as they reflect how their time in public housing has shaped them and their work. GUESTS: Floyd Webb, filmmaker and producer, former resident of Harold L. Ickes HomesToni Asante Lightfoot, poet and creative writing instructor, former Hilliard Homes residentToya Wolfe, writer and author of Last Summer on State Street, former resident of Robert Taylor HomesTiff Beatty, associate director, National Public Housing MuseumFor a full archive of In the Loop interviews, head over to wbez.org/intheloop. 

Werbung | Exklusives Angebot für unsere Hörer: Testet Handelsblatt Premium 4 Wochen für 1 € und bleibt zu den Entwicklungen an den Finanz- und Aktienmärkten informiert. Mehr zum Vorteilsangebot der Handelsblatt-Fachmedien erfahrt ihr unter: www.handelsblatt.com/mehraktien Die Wall Street startet den Wochenausklang mit deutlichen Verlusten. Im Mittelpunkt steht nicht der Konflikt mit Iran, sondern der abrupte Stimmungsumschwung im KI Sektor. Nach den enttäuschenden Kursreaktionen auf die Zahlen von Taiwan Semiconductor und ASML setzt sich der Ausverkauf bei Halbleiter und KI Aktien weltweit fort. Zusätzlichen Druck erzeugt Moonshot AI: Das chinesische Start-up hat ein Open Source Modell vorgestellt, das laut Unternehmen mit den führenden KI Systemen konkurrieren kann. Gleichzeitig wächst die Sorge, dass die milliardenschweren Investitionen in Rechenzentren ihren Höhepunkt erreichen könnten. Meta prüft offenbar, Rechenkapazitäten an Dritte zu vermieten, Apple arbeitet daran, KI Modelle direkt auf iPhones lauffähig zu machen, und die Diskussion über mögliche Überkapazitäten gewinnt an Dynamik. Netflix enttäuscht nachbörslich mit einem verhaltenen Ausblick für das dritte Quartal und einer nur moderaten Entwicklung der Nutzungsdauer, obwohl Umsatz und Gewinn im Rahmen der Erwartungen liegen. Dagegen überzeugen UnitedHealth, State Street und Regions Financial mit starken Quartalszahlen und angehobenen Jahresprognosen. Geopolitisch bleibt die Lage angespannt. Die Kämpfe zwischen den USA und Iran dauern an, doch Signale aus Washington sprechen weiterhin gegen eine größere militärische Eskalation. Anleger richten den Blick heute zudem auf die US Industrieproduktion, das Verbrauchervertrauen der Universität Michigan und die Einzelhandelsumsätze, bevor in der kommenden Woche mit Tesla, Alphabet und IBM die Berichtssaison der großen Technologiekonzerne richtig Fahrt aufnimmt. Ein Podcast - featured by Handelsblatt. ► Entdecke den exklusiven NordVPN Deal! Jetzt risikofrei testen mit einer 30-Tage-Geld-zurück-Garantie: https://nordvpn.com/wallstreet * ► Direkt an der Börse handeln mit tradegate.direct: https://bit.ly/WallStreet_Juni * ► Erhalte einen exklusiven 15% Rabatt auf Saily eSIM Datentarife! Lade die Saily-App herunter und benutze den Code wallstreet beim Bezahlen: https://saily.com/wallstreet * +++ Alle Rabattcodes und Infos zu unseren Werbepartnern findet ihr hier: https://linktr.ee/wallstreet_podcast +++ Impressum: https://www.360wallstreet.de/impressum *Werbung

Die Wall Street startet mit deutlichen Verlusten, kann sich aber von den Tiefs erholen. Im Mittelpunkt steht nicht der Konflikt mit Iran, sondern der abrupte Stimmungsumschwung im KI-Sektor. Nach den enttäuschenden Kursreaktionen auf die Zahlen von Taiwan Semiconductor und ASML setzt sich der Ausverkauf bei Halbleiter und KI-Aktien weltweit fort. Zusätzlichen Druck erzeugt Moonshot AI: Das chinesische Start-up hat ein Open Source Modell vorgestellt, das laut Unternehmen mit den führenden KI-Systemen konkurrieren kann. Gleichzeitig wächst die Sorge, dass die milliardenschweren Investitionen in Rechenzentren ihren Höhepunkt erreichen könnten. Meta prüft offenbar, Rechenkapazitäten an Dritte zu vermieten, Apple arbeitet daran, KI-Modelle direkt auf iPhones lauffähig zu machen, und die Diskussion über mögliche Überkapazitäten gewinnt an Dynamik. Netflix enttäuscht nachbörslich mit einem verhaltenen Ausblick für das dritte Quartal und einer nur moderaten Entwicklung der Nutzungsdauer, obwohl Umsatz und Gewinn im Rahmen der Erwartungen liegen. Dagegen überzeugen UnitedHealth, State Street und Regions Financial mit starken Quartalszahlen und angehobenen Jahresprognosen. Geopolitisch bleibt die Lage angespannt. Die Kämpfe zwischen den USA und Iran dauern an, doch Signale aus Washington sprechen weiterhin gegen eine größere militärische Eskalation. Anleger richten den Blick heute zudem auf die US-Industrieproduktion, das Verbrauchervertrauen der Universität Michigan und die Einzelhandelsumsätze, bevor in der kommenden Woche mit Tesla, Alphabet und IBM die Berichtssaison der großen Technologiekonzerne richtig Fahrt aufnimmt. Abonniere den Podcast, um keine Folge zu verpassen! ____ Folge uns, um auf dem Laufenden zu bleiben: • X: http://fal.cn/SQtwitter • LinkedIn: http://fal.cn/SQlinkedin • Instagram: http://fal.cn/SQInstagram

In this episode of Investing in Integrity, Ross Overline sits down with Mark Keating, EVP and Global Head of Strategic Finance at State Street — one of the largest financial institutions in the world, with roughly $50T in assets under custody and 15% of the world's daily financial transactions running through its infrastructure.Mark and Ross discuss what it means to build a career of lasting impact inside a globally systemically important bank, how AI is reshaping corporate finance, and the question Mark asks himself and his colleagues to keep them grounded: Do you like the person you've become?Meet Mark Mark Keating is EVP and Global Head of Strategic Finance at State Street, where he leads enterprise Financial Planning & Analysis, Real Estate, Procurement, and Financial Oversight and Planning for Operations & Technology, State Street Markets, Global Credit Finance, Wealth Services, and Corporate Functions. He also leads the firm's Finance Data and AI organization and Finance Transformation. He is a member of State Street's Executive Committee, the company's senior leadership team.Since joining in 1990, he has held a range of executive roles in finance, business, and strategy across the firm. He spent over a decade in Zurich, Luxembourg, and London, and served as CFO for Europe, the Middle East, and Africa and as International CFO for more than 15 years. During that time, he served on the Executive Management Board of State Street Bank International in Germany and held a Senior Manager Function designation under the U.K. Financial Conduct Authority's Senior Manager Regime. In 2025, he stepped in as State Street's interim CFO.Mark also serves on the Board of Trustees of the Cathleen Stone Island Outward Bound School and is the executive sponsor of the State Street Veterans Network (VetNet).Mark holds an undergraduate degree from the Boston College Carroll School of Management and an MBA in international finance and economics from Babson College, where he graduated summa cum laude.

The US has completed another round of strikes on various parts of Iran, targeting military capabilities; Tehran responded with its own attacks on Kuwait and Jordan.TSMC reported Q2 metrics that beat estimates, while raising its Q3 revenue guidance above expectations. In addition, the co. is to add another USD 100bln of US investment. US equity futures lower despite strong TSMC earnings and Japan's large investment for Nvidia's Rubin chips.DXY rangebound while CHF and NOK outperforms; GBP unreactive following GDP data. Fixed income benchmarks softer despite lower energy; UK and French politics in focus.Crude benchmarks take a breather despite ongoing US-Iran strikes, spot gold moves a bit lower.Looking ahead, highlights include US Retail Sales (Jun), Jobless Claims, Philly Fed Index (Jul), Pending Home Sales (Jun), Atlanta Fed GDP, Speakers including Fed's Logan & Schmid, Earnings from Netflix, Alcoa, GE Aerospace, US Bancorp, Abbott & State Street.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

The US has completed another round of strikes on various parts of Iran, targeting military capabilities; Tehran responded with its own attacks on Kuwait and Jordan.US President Trump stated Iran wants to meet, though warned that strikes would expand next week. Nonetheless, crude benchmarks take a breather following recent gains; Brent -0.6%.APAC stocks held a mostly negative bias, with the KOSPI (-6.4%) dragged by losses in Samsung Electronics (-8.6%) and SK Hynix (-11.9%). European equity futures are indicative of a slightly firmer open.DXY is flat and holds around 100.50; G10s are mixed against the USD.Looking ahead, highlights include UK GDP (May), Italian HICP Final (Jun), EZ Balance of Trade (May), US Retail Sales (Jun), Jobless Claims, Philly Fed Index (Jul), Pending Home Sales (Jun), Atlanta Fed GDP, SNB Minutes (Jul), Speakers including Fed's Logan & Schmid, Supply from Spain, France & UK.Earnings from Netflix, Alcoa, UnitedHealth, GE Aerospace, US Bancorp, Abbott, State Street & ABB.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Die Wall Street startet gemischt, mit den KI-Werten unter Druck. Belastet wird der Halbleitersektor durch Taiwan Semiconductor, das zwar starke Quartalszahlen vorlegt und die Umsatzprognose für das Gesamtjahr auf mehr als 40 Prozent Wachstum anhebt, gleichzeitig aber einen kräftigen Anstieg der Investitionen ankündigt und auf Margendruck sowie eine schwächere Nachfrage in klassischen Konsumentenmärkten verweist. Genau das nährt erneut die Debatte, ob der KI-Boom dauerhaft strukturell oder am Ende doch zyklisch ist. Entsprechend geraten Halbleiterwerte unter Druck, nachdem auch Samsung und SK Hynix in Asien deutlich nachgegeben haben. Makroseitig stehen heute die Einzelhandelsumsätze im Fokus, während die geopolitischen Spannungen etwas nachlassen. Iran hat nach anderthalb Jahren eine US-Staatsbürgerin freigelassen, Donald Trump spricht von einer Geste des guten Willens, und auch Vizepräsident JD Vance betont, dass die USA keine militärische Eskalation mit Bodentruppen anstreben. Bei den Quartalszahlen überzeugen dagegen UnitedHealth, GE Aerospace, State Street und US Bancorp mit starken Ergebnissen und angehobenen Jahresprognosen. Unternehmensseitig sorgt zudem Apple für Aufmerksamkeit: Laut Medienberichten prüft der Konzern Übernahmen im Halbleiterbereich, um die Entwicklung eigener KI-Serverchips zu beschleunigen. Nvidia profitiert derweil von einem Großauftrag aus Japan über rund 27.500 Rubin Chips für den Aufbau einer nationalen KI-Infrastruktur. Abonniere den Podcast, um keine Folge zu verpassen! ____ Folge uns, um auf dem Laufenden zu bleiben: • X: http://fal.cn/SQtwitter • LinkedIn: http://fal.cn/SQlinkedin • Instagram: http://fal.cn/SQInstagram

Die Wall Street startet gemischt, mit den KI-Werten unter Druck. Belastet wird der Halbleitersektor durch Taiwan Semiconductor, das zwar starke Quartalszahlen vorlegt und die Umsatzprognose für das Gesamtjahr auf mehr als 40 Prozent Wachstum anhebt, gleichzeitig aber einen kräftigen Anstieg der Investitionen ankündigt und auf Margendruck sowie eine schwächere Nachfrage in klassischen Konsumentenmärkten verweist. Genau das nährt erneut die Debatte, ob der KI-Boom dauerhaft strukturell oder am Ende doch zyklisch ist. Entsprechend geraten Halbleiterwerte unter Druck, nachdem auch Samsung und SK Hynix in Asien deutlich nachgegeben haben. Makroseitig stehen heute die Einzelhandelsumsätze im Fokus, während die geopolitischen Spannungen etwas nachlassen. Iran hat nach anderthalb Jahren eine US-Staatsbürgerin freigelassen, Donald Trump spricht von einer Geste des guten Willens, und auch Vizepräsident JD Vance betont, dass die USA keine militärische Eskalation mit Bodentruppen anstreben. Bei den Quartalszahlen überzeugen dagegen UnitedHealth, GE Aerospace, State Street und US Bancorp mit starken Ergebnissen und angehobenen Jahresprognosen. Unternehmensseitig sorgt zudem Apple für Aufmerksamkeit: Laut Medienberichten prüft der Konzern Übernahmen im Halbleiterbereich, um die Entwicklung eigener KI-Serverchips zu beschleunigen. Nvidia profitiert derweil von einem Großauftrag aus Japan über rund 27.500 Rubin Chips für den Aufbau einer nationalen KI-Infrastruktur. Ein Podcast - featured by Handelsblatt. ► Entdecke den exklusiven NordVPN Deal! Jetzt risikofrei testen mit einer 30-Tage-Geld-zurück-Garantie: https://nordvpn.com/wallstreet * ► Erhalte einen exklusiven 15% Rabatt auf Saily eSIM Datentarife! Lade die Saily-App herunter und benutze den Code wallstreet beim Bezahlen: https://saily.com/wallstreet * ► Direkt an der Börse handeln mit tradegate.direct: https://bit.ly/WallStreet_Juni * +++ Alle Rabattcodes und Infos zu unseren Werbepartnern findet ihr hier: https://linktr.ee/wallstreet_podcast +++ ► Mehr Einblicke: https://bit.ly/360wallstreetpc * Impressum: https://www.360wallstreet.de/impressum *Werbung

Santa Barbara Planning Commissioner Devon Wardlow talks about her plan to run for Santa Barbara City Council, in the latest episode of Santa Barbara Talks with Josh Molina. Wardlow, who graduated from Santa Barbara High School, offers her views on housing, State Street, rent stabilization and much more. Wardlow is running for City Council in District 4. Journalism Joshua Molina creates compelling conversations with variety of individuals on topics such as housing, education, politics, business, transporation and much more. Visit SantaBarbaraTalks.com to make a contribution and go to Santa Barbara Talks on YouTube and subscribe to get more than 300 podcasts with the community's most interesting individuals.

Send us Fan Mail"Yes, Chef!"In this episode, we delve into a captivating clip from Episode 4 Season 5 of The Bear, a critically acclaimed FX series that continues to redefine television drama. This special moment alludes to the legendary Marshall Field's.For generations of Chicagoans, the mere mention of two simple words—Marshall Field's—evoked a lifetime of cherished memories.In this episode, we embark on a fascinating journey through the rich history of one of America's most iconic department stores. Marshall Field's transformed the shopping experience into an unforgettable adventure, leaving an indelible mark on the hearts of customers. From its renowned motto, “Give the Lady What She Wants,” to its beloved State Street flagship, Marshall Field's became synonymous with exceptional customer service, elegance, and a deep sense of Chicago pride.

There's a lot going on in Madison this summer. But not Mad Lit. The popular concert series that has brought thousands to State Street each summer is dark in 2026 due to funding issues. Hip-hop artist Rob Dz and Urban Community Arts Network Co-President Karen Reece come on the podcast to talk about the future of Mad Lit. Plus, host Bianca Martin and executive producer Hayley Sperling talk about the latest casualty in the governor's race and some frustrating news about the county jail. Mentioned on the show: Milwaukee County Exec David Crowley Withdraws From Governor's Race [Milwaukee Journal Sentinel]Dane County Won't Close ‘Borderline Unconstitutional' Jail As Planned [Cap Times] Lights Out For Mad Lit [Isthmus]

Welcome to Day 7 of our Podcast Workshop! We are officially a week into this journey, and tonight we are hitting the core reason this workshop exists: to fix the broken channels of communication in our communities. Traditional networks have become heavily consolidated sites of control, and we are here to show you how to take your voice back through decentralized media.A massive part of that conversation means looking directly at the financial structures behind major digital platforms. In this episode, we break down the immense footprint of asset managers like Vanguard, BlackRock, State Street, and Fidelity. We discuss how they use proxy voting shares and why we are encouraging everyday parents and investors to open a polite, constructive dialogue with them about what true corporate citizenship means in the digital age.Key Takeaways From the Episode: Who Am I? A brief look into my 30-year wellness journey, my businesses (Clarity with Vibrations, LLC and The Guided Grace Wellness), and how my Native American roots inspire my unshakeable belief that we can heal our communities by changing how we talk to each other. The Hollywood-China Funding Collapse: A deep dive into the hidden economics of entertainment. We expose how a sudden clampdown on international capital flight completely eliminated Hollywood's marketing safety nets. With traditional budgets gone, studios shifted the burden directly onto the artists—forcing cash-poor celebrities and musicians into the "Outrage Economy" where they must act as literal internet trolls just to trigger algorithms and secure free publicity.Inside the Podcast Workshop Framework:Beyond the big-picture discussion, we dive into the practical, hands-on strategies taught in this session to help you launch your own platform: Overcoming Mic Shyness: How to move past the "deer-in-the-headlights" freeze, silence your inner critic, and let your natural, authentic voice take over the second the record button turns red. The "No Budget" Equipment Guide: Demystifying the gear trap. We break down the "Authenticity Rules" framework, showing you why a simple smartphone or a pair of basic earbuds is plenty to start. The Environment Hack: Easy, free acoustic tips to get pristine human speech—like recording in a walk-in closet surrounded by soft fabrics—without spending money on expensive studio foam.Stop waiting for permission, a massive budget, or a shiny studio. Use the tools you have, speak your truth, and let's build our own network together.Enjoyed the episode? Don't forget to hit Follow and leave a 5-star review!

Grab your lunch and lean in close, darling, because this Thursday Quickie is a mature, high-energy check-in built entirely for our sophisticated 55, 65, and over crowd. Today, Tawnie Wolf breaks down why keeping a robust financial portfolio is the ultimate aphrodisiac and explains why passivity is a thing of the past.We are calling out the social media "wellness" hypocrisy, the epidemic of aggressive cyberbullying driving business clients away, and the shifting macro-capital landscapes controlled by institutional heavyweights like Vanguard, BlackRock, Fidelity, and State Street. Tawnie shares why she is holding corporate gatekeepers accountable... listing direct contact details for State Street leadership... and explains why owning your own digital real estate is the only true safety left. Plus, a crucial reminder for all 30-day intensive workshop students to get last night's two-part playbook homework ready before tonight's Day 7 masterclass. Block out the noise, secure your assets, and embrace your full power!

Tonight is a powerful double-header on The Second Act Executive! It is our signature weekly podcast night for our global community, alongside Day Six of our 30-Day Intensive Podcast Workshop. In this episode, host Tawnie Wolf tackles one of the greatest hurdles every creator faces: mic shyness. Whether you are an executive stepping into your prime or a business owner over 60 looking to claim your equity, your voice is a digital asset that nobody should be allowed to silence.Tawnie blows the doors open on the illusion of "seamless" big-budget podcasts, shares how she pushes through her own natural shyness every single time she hits record, and highlights raw, authentic podcasters who model true freedom of speech on air.Inside this episode, we cover: The Lunchtime Recap: Breaking down a kitchen triumph (Signature Vegan Eggplant No-Parmesan) and looking at the undeniable power of macro-capital giants like Vanguard, BlackRock, Fidelity, and State Street. Online Gatekeepers & Accountability: A serious look at the hostile environments allowed by major platforms, how it impacts investors and families, and how to hold institutional leadership accountable (featuring direct contact info for State Street's Chief HR and Citizenship Officer, Kathryn Horgan). Classroom Track (Day 6 Masterclass): Breaking down physical vocal exercises, breathing frameworks, and the vital mindset shifts needed to help you sound like you on air. Day 6 Homework: A raw, unedited, 2-minute challenge designed to prioritize authenticity over perfection.Your second act isn't the end of your story... it's exactly where the best chapters begin. Tune in, do your research, protect your peace, and learn how to build a stage that belongs completely to you.Connect with Tawnie: Join the 30-Day Podcast Workshop Intensive by dropping the word “WORKSHOP” in the comments or DMs on social media. Catch the daily Lunchtime Quickie with Tawnie every afternoon for punchy, mid-day food for thought!

In der heutigen Folge sprechen die Finanzjournalisten Daniel Eckert und Holger Zschäpitz über Öl-Schock, Zinsangst, Nvidias wundersames KI-Comeback, den Baggy-Jeans-Boom und die 47-Prozent-Wette auf die Commerzbank. Außerdem geht es um Broadcom, Nvidia, Apple, SK Hynix, SpaceX, Monster Beverage, Levi Strauss & Co., Gap, American Eagle Outfitters, Hapag-Lloyd, Deutsche Lufthansa, Mercedes-Benz Group, SAP, Heidelberg Materials, Deutsche Bank, Commerzbank, UniCredit, Volkswagen, PepsiCo, Südzucker, Barry Callebaut, BlackRock, State Street, Microsoft, Allianz, DWS Group, Nasdaq, AXA, Zurich Insurance Group, Generali Wir freuen uns an Feedback über aaa@welt.de. Noch mehr "Alles auf Aktien" findet Ihr bei WELTplus und Apple Podcasts – inklusive aller Artikel der Hosts. Hier bei WELT: https://www.welt.de/podcasts/alles-auf-aktien/plus247399208/Boersen-Podcast-AAA-Bonus-Folgen-Jede-Woche-noch-mehr-Antworten-auf-Eure-Boersen-Fragen.html. Hier könnt ihr den AAA-Newsletter abonnieren: https://www.welt.de/newsletter/article232797673/Alles-auf-Aktien-Der-taegliche-Boersen-Newsletter-fuer-WELTplus-Abonnenten.html Und – ganz neu: AAA gibt es jetzt auch auf Instagram: https://www.instagram.com/alles_auf_aktien/ Disclaimer: Die im Podcast besprochenen Aktien und Fonds stellen keine spezifischen Kauf- oder Anlage-Empfehlungen dar. Die Moderatoren und der Verlag haften nicht für etwaige Verluste, die aufgrund der Umsetzung der Gedanken oder Ideen entstehen. Hörtipps: Für alle, die noch mehr wissen wollen: Holger Zschäpitz können Sie jede Woche im Finanz- und Wirtschaftspodcast "Deffner&Zschäpitz" hören. +++ Werbung +++ Du möchtest mehr über unsere Werbepartner erfahren? Hier findest du alle Infos & Rabatte! https://linktr.ee/alles_auf_aktien *Anzeige: Eight Sleep: Der Pod 5 reguliert die Temperatur im Bett automatisch, trackt Schlaf- und Gesundheitswerte ohne Wearable und kann so zu besserem Schlaf beitragen. Mit dem Code ALLESAUFAKTIEN erhaltet ihr auf https://www.eightsleep.com/allesaufaktien bis zu 350 Euro Rabatt.* Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutz: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

Hello everybody! Welcome back to another Lunchtime Quickie here on The Second Act Executive. I'm your host, Tawnie Wolf, and today's episode packs an absolute punch.We are right in the middle of our live 30 Day Podcast Workshop, where we're exploring what it takes to step out of the corporate comfort zone, embrace entrepreneurship, and build a platform that you own. Whether you're launching a podcast, building a personal brand, or creating a business in your second act, this episode is filled with practical insights and encouragement.But first, we have to talk about lunch.Last night I created what may have become my newest signature plant based recipe: a delicious vegan inspired eggplant Parmesan made completely without cheese, paired with homemade onion rings that turned out to be the best I've ever made. I share the simple ingredients, the crispy batter that made all the difference, and why this meal was so good that I happily enjoyed the leftovers for lunch today. If you love healthy comfort food, plant based cooking, or are simply looking for new meal ideas, you're going to enjoy this conversation.From there, we transition into high level business strategy and financial literacy. If you've ever watched Bloomberg or followed the financial markets, you've probably heard the names Vanguard, BlackRock, State Street, and Fidelity repeated over and over again. Who are these companies? What do they actually do? Why do they own shares in so many corporations? And how can understanding institutional investing help you think differently about your own business, brand equity, digital assets, and long term financial future?Knowledge is power, and today's episode is all about connecting everyday decisions with the bigger picture.Grab your lunch, tune in, and let's get into the facts.Ready to step into your own second act? Join us for tonight's live 30 Day Podcast Workshop as we continue building your voice, your platform, and your future. Drop “WORKSHOP” in the comments of my latest social media post or send me a direct message to reserve your spot.Keep learning, keep creating, and keep showing up.Your second act is exactly where the best chapters begin.

Daniel Santiago from State Street Global Advisors joins Michael A. Gayed, CFA to unpack sector ETF investing in 2026 — the original SPDR product line, now the largest and most liquid sector suite on the market. We get into the Magnificent Seven concentration problem in the S&P 500, how State Street's GICS-based classification actually works (including why SpaceX classifies as communication services), sector dispersion versus style/factor dispersion, and how to think about sector rotation given where we are in the economic cycle.For allocators, advisors, and anyone building portfolios who wants a cleaner framework for reading the tape sector by sector.Guest: Daniel Santiago, Sector ETF Specialist, State Street Global Advisors (SPDR)Host: Michael A. Gayed, CFA — Publisher, The Lead-Lag ReportWatch on YouTube: https://www.youtube.com/watch?v=alSfJtl1xCIMore: https://leadlagreport.com Sign up to The Lead-Lag Report on Substack and get 30% off the annual subscription today by visiting http://theleadlag.report/leadlaglive. Support the show

This week on the Living in San Diego Podcast, Chris and Cassidy talk Padres and Giants frustration, possible trade deadline moves, the sweetest swings in baseball history, San Diego Fourth of July fireworks, a new BoxLunch coming to Carlsbad, the closure of Modern Times Far West Lounge in Encinitas, and what buyers need to know about contingent offers in today's real estate market.Plus, Chris recaps his family trip to Montecito Sequoia Lodge, and the San Diego Story of the Week explains the history behind Carlsbad's tree streets, presidential streets, and State Street.Brought to you by the Livin' in San Diego real estate crew. Thinking about making a move in San Diego County? Reach out through the link below.Buying - https://www.livininsandiego.com/buySelling - https://www.livininsandiego.com/sell

If you hold a 401(k), an IRA, or a single index fund, you own a sliver of hundreds of American companies, yet you almost certainly let someone else decide how those shares vote. Individual investors hold about 25% of all U.S. public equities, more than BlackRock, Vanguard, and State Street combined, yet only about one in eight of them votes the shares they own; the rest of those ballots get cast by a handful of asset managers and the proxy advisory firms they rely on, deciding who sits on corporate boards, how executives are paid, and what a company owes its workers, its customers, and the climate. This week's two guests want to put that voice back in owners' hands. Gabriel Grant, co-founder of the nonprofit Shareholder Democracy, is building the machinery to let everyday investors delegate their proxy votes to a civil-society organization they already trust, such as a labor union, a faith community, an environmental group, choosing a representative once and changing it whenever they want. Doug Heske, CEO of Newday Impact Investing and its Causeway platform, comes at the same problem from the engagement side, channeling revenue from values-aligned portfolios into work with more than 50 mission-aligned nonprofit partners and connecting investors and donors to the causes — and companies — they care about. Grant is building the rights layer that gets a vote counted; Doug is building the engagement layer that turns it into a continuing conversation with management. Their conversation brings the challenge into focus.On this episode of Sustainability In Your Ear, learn how the proxy vote problem undercuts foundations whose endowments quietly vote against the shareholder proposals their own grantees are writing — one side of the house funds the change while the other votes it down, because the signal most managers are rewarded for is next year's return. Coordinating millions of small owners across thousands of ballots was mechanically impossible for most of the last century, but the internet collapsed the cost of communication and AI is collapsing the cost of reading thousands of ballot items at once, which is what makes the idea newly buildable. Grant is quick to add that the vote is leverage, not the destination, because most of the value in corporate governance is created in dialogue with management. He is candid about the limits: one share, one vote will never be pure democracy. The thread the conversation dives into governance ideas pioneered by Dee Hock, the founder of Visa, who built a global network by getting rival banks to share sensitive data around one shared purpose. Hock's “chaordic” thinking blends chaos, and offers a model that Grant and Doug believe is finally buildable for shareholders.To learn more about Shareholder Democracy and delegate your proxy votes — or, if you have a brokerage account, to try the pilot that auto-forwards your ballots to the new voting platform — visit shareholderdemocracy.org. To explore Newday Impact Investing and the Causeway platform for values-aligned investing and giving, visit causewayimpact.com.Subscribe to Sustainability In Your Ear on iTunesFollow Sustainability In Your Ear on Spreaker, iHeartRadio, or YouTube

State Street (WKN: 864777) verwahrt rund 55.000 Milliarden Dollar an Vermögen. Viele deiner ETFs, Aktien oder Anleihen liegen bei State Street. Dazu hat die Bank ein riesiges ETF-Business unter der Marke SPDR und wickelt im Hintergrund Prozesse bei vielen der größten Investoren und Banken der Welt ab. Eine der ältesten Banken der USA ist State Street auch noch. Und in ihrem Vorstand sitzt ein Typ aus Deutschland. Jörg Ambrosius. Wie schaut er auf die Finanzwelt? Wie funktioniert das Business von State Street? Wieso könnte der Bitcoin auf 0 gehen? Mehr Infos zu unserem neuen Partner DJE und seinem Dividende & Substanz Fonds: https://www.dje.de/de/investmentfonds/productdetail/LU0828771344/#fondsuebersicht Aktien hören ist gut. Aktien kaufen ist besser. Bei unserem Partner Scalable Capital geht's unbegrenzt per Trading-Flatrate und auf der hauseigenen European Investor Exchange, die genau auf Privatanleger zugeschnitten ist. Alle weiteren Infos gibt's hier: scalable.capital/oaws. Diesen Podcast vom 27.06.2026, 3:00 Uhr stellt dir die Podstars GmbH (Noah Leidinger) zur Verfügung. Learn more about your ad choices. Visit megaphone.fm/adchoices

On Tuesday, June 30 at 11 AM, concerned residents and climate groups will hold a media event at the State Street entrance to the Capitol in Albany to announce opposition to Governor Hochul's ill-advised plan to drastically expand expensive, dangerous nuclear power production throughout the state. The event is one of 9 events happening throughout New York on Tuesday as part of a statewide day of action against Hochul's plan. Isaac Silberman-Gorn of Frack Action talks with Mark Dunlea for Hudson Mohawk Magazine.

Send us Fan MailHe spent fifty-five years searching for answers. Dozens of doctors. Hundreds of tests. Twelve different diagnoses. And what he discovered wasn't just a problem with medicine - it was a problem with the system itself.Haresh Patel ( https://hareshpatel.ai/ ) is an entrepreneur, engineer, Founder and CEO of Sanare Health AI ( https://sanarehealth.ai/ ), and author of the memoir The Ghost in My Body: What Twelve Doctors Couldn't Find ( https://www.amazon.com/Ghost-My-Body-Doctors-Couldnt-ebook/dp/B0GL561XNC ).After immigrating from India and earning an electrical engineering degree from the University of Notre Dame, Haresh built a distinguished career in Silicon Valley, ultimately founding Mercatus, a private-markets data platform that grew to manage more than $1.5 trillion in assets before being acquired by State Street in 2021.But behind that business success was a deeply personal story. For more than 55 years, Haresh lived with unexplained symptoms, navigating a maze of specialists, tests, and conflicting diagnoses without ever receiving a clear answer. Rather than accepting the limitations of the system, he applied the same systems-thinking and pattern-recognition skills that made him successful in technology and finance to his own health journey.That experience led Haresh to a provocative conclusion: many patients don't suffer from a lack of doctors - they suffer from a lack of synthesis. Modern medicine excels at specialization, but often struggles to connect information across disciplines, timelines, and life experiences.Today, Haresh is the founder of Sanare Health AI, an AI-powered diagnostic intelligence platform designed to help patients with complex, chronic, and undiagnosed conditions uncover patterns hidden within fragmented medical data. His mission is to give physicians a more complete picture of the patient, empower individuals to own their health stories, and help solve one of healthcare's most overlooked challenges: the millions of people still searching for answers.We discuss diagnostic failure, AI in medicine, data sovereignty, root-cause healthcare, and what happens when a patient spends a lifetime becoming the expert on his own condition.#HareshPatel #TheGhostInMyBody #SanareHealth #ArtificialIntelligence #AIHealthcare #RareDisease #UndiagnosedDisease #DiagnosticOdyssey #PrecisionMedicine #RootCauseMedicine #HealthcareInnovation #FutureOfMedicine #MedicalAI #HealthTech #ChronicIllness #PatientAdvocacy #Longevity #MedicalDiagnostics #ComplexPatients #ProgressPotentialPossibilitiesSupport the show

Connect with Early Riders — https://www.earlyriders.com/contactConnect with Onramp — https://onrampbitcoin.com/contact-us/Presented collaboratively by Early Riders & Onramp Media…Final Settlement is a weekly podcast covering capital markets, dealmaking, early-stage venture, bitcoin applications and protocol development.This week Brian, Michael, and Liam cover Anthropic's Mythos and Fable controversy and the orchestrated open-source-vs-frontier AI dynamic (Microsoft eyeing DeepSeek for enterprise, Japan's Sakana Fugu launch, Goldman's 24x token forecast by 2030), Franklin Templeton's new ETFs that auto-invest stock dividends into Bitcoin, Fidelity and State Street's entry into stablecoin reserve management, Illinois Governor Pritzker's 0.2% crypto wealth tax, the Fed's 130-page stablecoin KYC rulemaking, Binance's MiCA expulsion, Coinbase's tokenized-stocks rollout, SpaceX's IPO run and $60B Cursor acquisition, and the latest on Strategy's stretch product.Chapters00:00 - Introduction and Current Events03:04 - Anthropic's Mythos and Fable Controversy05:58 - The Role of Open Source in AI08:54 - AI Models and National Security Concerns11:54 - Microsoft's Strategic Moves in AI14:57 - The Future of AI Infrastructure17:55 - The Dynamics of AI Token Consumption21:06 - Emerging AI Technologies and Market Trends24:10 - Japan's Entry into AI with Sakana Fugu27:11 - Open Source Challenges and GitHub Controversy30:31 - Merging Money and AI for Market Success32:08 - Stablecoin Management: Fidelity and State Street's Moves33:59 - Innovative ETF: Dividends into Bitcoin38:48 - Regulatory Challenges: Illinois Crypto Tax42:52 - Stablecoin Issuer Regulations and KYC48:54 - Tokenized Stocks: Coinbase's New Offering50:53 - SpaceX's Rapid Growth and Market DynamicsIf you found this valuable, please subscribe to Early Riders Insights for access to the best content in the ecosystem weekly: https://www.earlyriders.com/researchKeep up with Michael:https://x.com/MTangumaKeep up with Liam:https://x.com/Lnelson_21Keep up with Brian:https://x.com/BackslashBTC

Lou Malnati's says it is closing its Gold Coast location on State Street after its landlord decided to redevelop the building and would not renew the pizzaria's lease.

Lou Malnati's says it is closing its Gold Coast location on State Street after its landlord decided to redevelop the building and would not renew the pizzaria's lease.

Lou Malnati's says it is closing its Gold Coast location on State Street after its landlord decided to redevelop the building and would not renew the pizzaria's lease.

As the podcast starts its fourth year, we take a look back this week: to its origins, how the content and message have changed over the years, what guests stood out as formative to building the audience and the lessons learned about macro and markets along the way. In a twist, the microphone gets turned around as well, with our host, Tim Graf, taking a turn as a guest. Ramu Thiagarajan, Head of Thought Leadership for State Street takes over this special birthday edition of Street Signals!See omnystudio.com/listener for privacy information.

Can artificial intelligence help uncover what short medical appointments and isolated symptom checkers often miss?Haresh Patel joins Dr. Michael Haley to explore the mind-body connection, root-cause healthcare, and why a patient's complete life story may contain important clues about chronic illness.Haresh spent 55 years searching for answers to a complex collection of symptoms. His journey included suspected food allergies, chronic urticaria, repeated specialist visits, expensive symptom-suppressing treatments, childhood trauma, unresolved grief, and an unexpected experience that changed the course of his health.The turning point came when practitioners stopped looking only at his current symptoms and began asking about his entire history.In this episode, Haresh explains why medical records, injuries, diet, stress, emotional experiences, major life events, and physical symptoms may need to be examined together rather than separately. He also introduces Sanare Health, an AI-assisted platform designed to help patients organize their histories into practitioner-ready summaries.Sanare Health is not intended to diagnose illness, prescribe treatment, or replace a qualified healthcare professional. Its purpose is to help patients communicate a more complete story and help practitioners recognize patterns that might otherwise remain hidden.IN THIS EPISODE, YOU'LL HEAR ABOUT:• Why complex health problems are difficult to understand during brief medical appointments• Haresh's misdiagnosed food allergy and eventual diagnosis of chronic urticaria• The possible connections among stress, grief, emotional patterns, and physical symptoms• Why a chronological health story may reveal patterns that individual tests do not• How AI can help patients organize medical records, symptoms, treatments, and life events• Why asking the right questions is essential when using artificial intelligence• How Sanare Health is designed to support both patients and practitioners• Tinnitus, Diet Coke, candy, and recognizing personal symptom triggers• Why some processing aids and sub-ingredients may not appear on product labels• The value of considering conventional, functional, Ayurvedic, and alternative perspectives• Why Haresh encourages people to become the CEO of their own health• Learning to express grief, laughter, and emotion later in lifeABOUT HARESH PATELHaresh Patel is an entrepreneur, author, and the founder and CEO of Sanare Health. Before entering the healthcare technology space, he spent decades building Silicon Valley technology companies, including Mercatus, a private-markets financial technology platform that was acquired by State Street.His memoir, The Ghost in My Body, documents his decades-long search for health answers, the childhood loss of his mother, and the experiences that inspired his work.EPISODE CHAPTERS00:00 What symptom checkers may be missing00:42 Haresh Patel's 55-year search for answers04:26 Why chronic symptoms can remain unexplained06:12 The limitations of brief medical appointments09:18 Becoming the CEO of your own health10:08 Misdiagnosed allergies and chronic urticaria13:10 The Ayurvedic doctor who asked different questions15:04 When did your stress first begin?17:32 Childhood bullying, loss, and emotional disconnection18:51 A spiritual explanation for physical symptoms19:58 Traveling to Bodh Gaya23:13 What happened after the ritual23:57 The mental, emotional, and spiritual sides of health26:02 How Sanare Health uses artificial intelligence28:57 The doctor who examined Haresh's whole story30:52 A platform for patients and practitioners34:32 Can AI remain open to alternative healthcare?36:28 Tinnitus and root-cause investigation40:09 Diet Coke, candy, and tinnitus triggers43:10 Using pattern recognition to identify triggers43:32 Hidden ingredients in processed products45:21 Aloe vera, natural health, and supporting the body47:26 The long-term cost of managing chronic disease49:53 Haresh's call to take control of your health52:43 Learning to express emotion, cry, and laugh55:30 Final thoughtsRESOURCESEpisode Show Notes:https://drhaley.com/mind-body-root-cause-ai/Haresh Patel's Website:https://hareshpatel.ai/Sanare Health:https://sanarehealth.ai/The Ghost in My Body by Haresh Patel:https://amzn.to/4uAczTWHaresh Patel on LinkedIn:https://www.linkedin.com/in/hareshpatel/DiagnosticMD on YouTube:https://www.youtube.com/@mydiagnosticmdHaresh Patel on Instagram:https://www.instagram.com/mydiagnosticmd/Watch the Video Version:https://www.youtube.com/watch?v=l-aBzGqBSv8Explore Haley Nutrition:https://haleynutrition.com/LISTENER OFFER FOR JUNE 2026Save $20 on a Haley Nutrition purchase of $200 or more with coupon code THRIVE.Visit:https://haleynutrition.com/The offer applies during June 2026 and may be used with sale-priced and already-discounted bundled products.If this episode made you think of someone who has been searching for answers to unexplained symptoms, please share it with them.Subscribe to The Dr. Haley Show for more conversations about natural health, nutrition, gut health, root-cause thinking, emerging healthcare technology, and unconventional ideas that deserve a closer look.MEDICAL DISCLAIMERThis podcast is provided for educational and informational purposes only. It does not provide medical advice, diagnosis, or treatment. The personal experiences and opinions discussed in this episode should not replace individualized care from a qualified healthcare professional.AFFILIATE DISCLOSURESome links may be affiliate links. If you make a purchase through one of these links, we may receive a commission at no additional cost to you.

Most people overlook a chilling truth: some pasts refuse to stay buried—and they can come back in the most unsettling ways. In this gripping episode of Suspense, Lloyd Nolan stars as Maury Swartz, a sharp-talking salesman who becomes entangled in a haunting mystery that could cost him everything—including his life.Swartz's journey begins with what seems like a routine business venture—finding a room in a sketchy Chicago neighborhood. But that room, once perfectly preserved as a shrine to a mysterious woman named Laverne, hides a sinister secret. As Swartz digs deeper, he uncovers connections that stretch far beyond a simple disappearance, leading to a dilapidated theater and a dark secret lurking in the shadows. From a closed theater on State Street to a strange, ominous phone number that refuses to be dialed, every step reveals a piece of the puzzle—and a danger that's all too real.You'll discover:How seemingly innocent clues—a picture, a key, a forgotten phone number—can unravel a hidden crime.The unsettling psychology of obsession, and how it blurs the line between the past and present.The meticulous plan of a murderer hiding behind a ghostly facade, and the chilling final showdown in an abandoned theater.The importance of intuition and perseverance when confronting the unknown—lessons that resonate long after the story ends.This episode is a masterclass in suspense, blending eerie atmosphere with a narrative that keeps you guessing until the final, shocking moment. If you believe that some ghosts are better left undisturbed, or if you're fascinated by stories where the past refuses to die, this is essential listening.Perfect for mystery lovers, true crime enthusiasts, or anyone who enjoys a story of retribution and buried secrets. Don't wait until you see shadows moving—hit play now and see how a ghost from the past can turn deadly.

Hillman, Michigan, began as Brush Creek, a small settlement shaped by timber, water, farm trade and the Thunder Bay River. In this episode of Michigan Moments, we follow Hillman from its early days as a Montmorency County center to its years as a railroad stop, hotel town, farm market and Lake Avalon resort community.The story includes State Street, Louis Davidson's Department Store, the Winona Hotel, the Hillman depot, local elevators, Cronk's service station, early automobiles, hunting clubs and the cottage culture that grew around Brush Lake, later known as Lake Avalon.One of Hillman's most surprising turns came when the Detroit & Mackinac Railway reached the village after the old pine boom had already faded in much of the region. The train gave Hillman a boost, but the town's future came from something broader: farms, stores, roads, lake visitors and a main street that kept coming back after fire and change.This episode is for listeners interested in Hillman history, Montmorency County, Northern Lower Michigan, vintage Michigan towns, logging-era communities, small-town railroads and early Michigan resort life.The End of the Road in Michigan is a production of Thumbwind Publications

On Thursday, Erie County Executive Christian Vogel visted our 429 State Street studio for her monthly conversation, which centered around county issues such as the reentry program, cell phone use in the court house, and the upcoming America250PA events.

HEADLINES:• State Street is Deepening its Gulf Presence With Oman Expansion Plan• Saudi PIF is Actively Replacing Foreign Executives With Local Talent in Strategic Shift: FT• Glazers' sale debate at Manchester United heats up as Qatar bidder rules out return• Man City Leadership Has 'Winning' Mentality: Chairman Khaldoon Al Mubarak  Newsletter: https://aug.us/4jqModrWhatsApp: https://aug.us/40FdYLUInstagram: https://aug.us/4ihltzQTiktok: https://aug.us/4lnV0D8Smashi Business Show (Mon-Friday): https://aug.us/3BTU2MY

State Street في عُمان وSaudi PIF وManchester United

VettaFi's Head of Research Todd Rosenbluth discussed the State Street Utilities Select Sector SPDR ETF (XLU) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” 

Group Guide Use this guide to help your group discussion as you meet this week. 2 Samuel 14 Spencer Cary Download TranscriptGood morning. What a wonderful morning. Baptisms are a time to truly be thankful that God redeems any of us and that we get to enjoy the benefits of what it means to follow him, belong to him in the context of the church community. What a blessing. We're continuing to walk through 1 and 2 Samuel. We're in 2 Samuel chapter 14 today.We'll spill into chapter 15 as well. We've got quite a bit of story to get through. Let me give us a little bit of a recap from last week. It'll be on page 303 in the Black Bible. So if you're going to grab a Bible nearby, you can follow along with us.Last week, really last week in the next few chapters, we're kind of living in the aftermath of David's sin. What we saw last week is that his son Anon desired his half-sister Tamar, and then he assaulted her. And we saw the devastation of that spill into two years of Tamar's brother waiting for his opportunity to exact revenge, and then we saw Absalom kill Amnon. And we are in the aftermath of that tragic story, and we're going to see more of this continue into a story today that has also elements that are laden with sin. And my hope as we walk through this story today that in the darkness of this really section of 2 Samuel, we would actually discover some really wonderful hope.Some really, really wonderful hope. So let me pray for us, and then we're just going to jump straight into the story. Heavenly Father, we thank you that you, in the middle of sin and brokenness, in the middle of darkness, in the middle of all sorts of suffering, because of the effects of sin, you bring wonderful hope. God, I pray that we would be reminded of that today as we walk through a story that continues in this section that is difficult. And we ask that you would open our eyes to what is true, and that we might leave here as not just hearers of the word, but we would also be doers of the word.We ask this in faith, in Jesus' name. Amen. All right, so pick up in verse 1. Now Joab, the son of Zeruiah, knew that the king's heart went out to Absalom. And Joab sent to Tekoa, and brought from there a wise woman, and said to her, Pretend to be a mourner, and put on mourning garments. Do not anoint yourself with oil, but behave like a woman who has been mourning many days for the dead.Go to the king, and speak thus to him. So Joab put words in her mouth. So Joab sees how much this situation with Absalom has affected David, and he wants to do something about it. Joab is the commander of his army. It's David's nephew. He loves David.And he wants to ease his pain, and he figures out a way to do this, that he's going to do pretty much what Nathan the prophet did, which is to come and act out a story. I don't know why David keeps falling for these, but he does. Like he apparently appreciates theatrics, but he just... Joab sees what happened with Nathan the prophet, and says, I'm going to do the same thing. I'm going to find this wise woman. He goes and sends for a woman from Tekoa, which is not far away from Jerusalem.And then basically says, you're going to be someone who's mourning, who is sad. And then he gives her a script that she's going to go act out before the king to illustrate a point. So this is the script. Verse 4. When the woman of Tekoa came to the king, she fell on her face to the ground and paid homage and said, Save me, O king. Which is a dramatic entry into something that actually would have been very normal for their time.The Israelite kings were meant to be Judges for the people. That you could come and bring your dispute to the king, that he would hear it and give a ruling on it. This is a normal practice. And she says, Save me, O king. Verse 5. And the king said to her, What is your trouble?She answered, Alas, I'm a widow. My husband is dead. And your servant had two sons. And they quarreled with one another in the field. There was no one to separate them. And one struck the other and killed him.And now the whole clan has risen against your servant. And they say, Give up the man who struck his brother that we may put him to death for the life of his brother whom he killed. And so they would destroy the air also. Thus they would quench my coal that is left and leave my husband, neither name nor remnant, on the face of the earth. So, that's the script that Joab writes for her. And it is indeed sad.It is a woman who has been widowed. She has two sons. Her sons are in the field. They're fighting, and the other one, one of them kills the other. So it's devastating to lose a son.Now, the remaining son, her clan, is wanting capital punishment. They want him to be put to death. And she's hiding him. And they're demanding this. And she's coming to the king. So that she could be spared more of this grief so that her husband would have a name, have a remnant that's left behind.That's the situation. Then the king said to the woman, Go to your house, and I will give orders concerning you. And the woman of Tekoa said to the king, On me be the guilt, my Lord the king, and on my father's house let the king and his throne be guiltless. The king said, If anyone says anything to you, bring him to me, and he shall never touch you again. Then she said, Please let the king invoke the Lord your God, that the avenger of blood kill no more, and my son be not destroyed.He said, As the Lord lives, not one hair on your son shall fall to the ground. So she gets David. She reels him in. And she gets him to agree to, invoking the name of the Lord, a protection upon this fake son. So he's going to, no one's going to lay a hand on him.So this is David, y'all. David just so clearly can assess the situation that's outside of himself. He just so clearly sees it. He's like, I'm going to intervene. And she's got him. Verse 12.Then the woman said, Please let your servant speak a word to my Lord the king. He said, Speak. And the woman said, Why then have you planned such a thing against the people of God? For in giving this decision, the king convicts himself inasmuch as the king does not bring his banished one home again. And that's the point of Joab's script. To get David to reckon with the fact that Absalom cannot come back to Jerusalem.She got him. Joab wrote this well. She says, You've convicted yourself. It is you who have made sure that Absalom cannot come home. And then she continues. Verse 14.We must all die. We are like water spilled on the ground which cannot be gathered up again. But God will not take away life and he divides his means so that the banished one will not remain an outcast. Now I've come to say this to my Lord the king because the people have made me afraid and your servant thought, I will speak to the king. It may be that the king will perform this, the request of his servant. For the king will hear and deliver his servant from the hand of the man who would destroy me and my son together from the heritage of God.And your servant thought, The word of my Lord the king will set me at rest for my Lord the king is like the angel of God to discern good and evil. The Lord your God be with you. So she basically says, Listen, we're all like water spilled to the ground. We're all going to die one day. And as for this banished one, Absalom, why punish him any longer? But she ties it back to her story, this script, and says, See, you should bring him home.You have the power, David. You can make this right. Bring him home. And after boldly correcting their king, she very wisely begins with some flattery. She says, The king is like the angel of God that has discerned good and evil, which is very wise at this point because you've just put the king on blast. Maybe you should say some kind words about who he is.Verse 18, And the king answered the woman, Do not hide from me anything I ask you. And the woman said, Let my Lord the king speak. The king said, Is the hand of Joab with you in all this? The woman answered and said, As surely as you live, my Lord the king, one cannot turn to the right hand or to the left from anything that my Lord the king has said. It was your servant Joab commanded me. It was he who put all these words in the mouth of your servant.In order to change the course of things, your servant Joab did this. But my Lord has wisdom like the wisdom of the angel of God to know all things that are on the earth. Which is just really laying on thick at the end. Which, again, is very smart at this point. Her fate is in his hands. She says, Yes, you figured it out.Joab is the one who gave me this script. He's the one that put the words in my mouth. In order that you might reckon with the situation with Absalom. So at this point, I just, as I'm reading this, I feel like David going forward should probably ask a few more questions before he just jumps into giving judgments. This is the second time this happened. We don't know if this happens over and over again.But David keeps falling into this. And people keep using these type of situations to illustrate points so that David's eyes can be open to his situation. Now Joab seems to be here, present for all of this. And he turns to him in verse 21. Then the king said to Joab, Behold now I grant this.Go, bring back the young man Absalom. And Joab fell on his face to the ground and paid homage and blessed the king. And Joab said, Today your servant knows that I found favor in your sight, my Lord the king, and that the king has granted the request of his servant. So Joab arose and went to Geshur and brought Absalom to Jerusalem. And the king said, Let him dwell apart in his own house. He is not to come into my presence.So Absalom lived apart in his own house and did not come into the king's presence. So this ruse, it works. Joab sees how much David has been in distress. He illustrates this whole living parable before him. It makes the point. And David says, Okay, bring him home.He can go back to Jerusalem. He can go back to his home. He's not going to come back to my presence. So he goes. He gets him. He brings him back.And what we're going to see is that bringing Absalom back is going to create some real problems for David in this kingdom. So verse 25. Now in all Israel, there was no one such to be praised for his handsome appearance as Absalom. From the sole of his foot to the crown of his head, there was no blemish in him. And when he cut the hair of his head, for at the end of every year, he used to cut it. When it was heavy on him, he cut it.He weighed the hair of his head 200 shekels by the king's weight. They were born to Absalom three sons and one daughter whose name was Tamar. She was a beautiful woman. Which that last part, it's just a beautiful nod to his sister, Tamar, who would not have children after everything that happened to her. And he named a daughter after him. But we get a description of Absalom.Absalom was praised by the nation for being a handsome man with beautiful hair. He is good looking. I mean, he is basically Fabio. Or if that reference is lost on you because it's too old, Gaston. Whatever, whatever you can try to picture, it says there's no, there's no blemish on him. He's beautiful.Beautiful. And his hair is beautiful. His hair is so thick, it's so luscious, that every year when he cuts it, he weighs it, which is weird, but he does. He weighs it and it's 200 shekels by the king's weight. Five pounds is about what that is. So he's a beautiful person, beautiful man.He's handsome. It's not just handsome, he's overwhelmingly handsome. He's the kind of handsome that when you show up in Hollywood with no discernible talent to act, they just hand you a role. And you know it when you see it. He's very handsome, which means, if you understand, take a step back and understand the context of Absalom. This man was born on third base, y'all.He's a prince, which means he has status and he has money and he's famously handsome. So, he's extremely blessed. And the question is, okay, with all of this blessing, what is he going to do with it? And what you see is he chooses evil. And that is where all this story is going. Verse 28.So Absalom lived two full years in Jerusalem without coming into the king's presence. Then Absalom sent for Joab to send him to the king, but Joab would not come to him. And he sent a second time, but Joab would not come. Okay. So Joab, one would think, you know what?You got away with murder. Maybe just live in luxury in your home in Jerusalem. Is that enough? No. He goes to Joab, he sends for Joab and says, I want, I want a present, I want a moment with the king. And Joab ignores him.And then he sends a second time. And he says, I want to be in the king's presence. And Joab ignores all of this. Now, it does not appear from the context here that what Absalom wants is reconciliation with dear old dad. What we're going to see is that all of this is politically motivated. So he sends for Joab, he gets rejected, he gets ignored.And then we're going to see what kind of character is bound up in Absalom. Verse 30, then he said to his servants, see, Joab's field is next to mine and he has barley there. Go and set it on fire. So Absalom's servants set the field on fire. Have you ever been in a situation where like you've you've reached out to your boss and you've asked for a raise but they just put. The meeting off and then you reach out again to ask for a raise and then he just put the meeting off and then you set his desk on fire.That's Absalom. He's the crazy ex who keys the car. I'm going to I'm going to get your attention somehow. Burn his field down. So he does.He has a tantrum. He burns the field. And guess what? When you use emotional sabotage, it sometimes works. And he comes. Verse 31, then Joab arose and went to Absalom at his at his house and said to him, Why have your servants set my field on fire?Absalom answered Joab, Behold, I sent word to you. Come here that I may send you to the king to ask why have I come from Gesher. It would be better for me to still be for it would be better for me to still be to be there still. Now, therefore, let me go into the presence of the king and if there is guilt in me, let him put me to death. So it works.And Joab shows up and he's like, Crazy, what are you doing? What is the point of all of this? And he says, You didn't come. I have a message for the king. It would be better for me not to be in this house. I might as well be in exile in Gesher.But no, I want to be in his presence. And you know what? Send for him. Let me go. Because if he wants to kill me, he can kill me. But I'm getting my audience with the king.So his temper tantrum works. Absalom goes. Verse 33. And Joab went to the king and told him and he summoned Absalom. So he came to the king and bowed himself on his face to the ground before the king and the king.Kissed Absalom. In the end of 14, before you get into 15, kind of feels like the eye of the hurricane. Because there's a moment where the sun is shining and things are, okay,. They've reconciled. He kisses them. He embraces them.That maybe this is the moment where things just get good again. That maybe, like, it's just, they're going to have, you know, moments together out in the field. Hunting and it's going to be wonderful. Maybe, just maybe, things are good but it's, it's the eye of the hurricane. And as the sun passes, the storm quickly approaches. And in verse 1 of chapter 15, we're going to see that what he is shooting for is a play for power.After this, Absalom got himself a chariot and horses and 50 men to run before him. So, pause there. The more you read the Old Testament, the more you'll pick up on some themes. One of those themes is that trusting in chariots and horses is bad. That using chariots and horses to flex your might, your power, and your greatness is a bad idea. This is what Egypt did.This is what the surrounding nations did. It doesn't mean they couldn't ever have chariots. It doesn't mean they couldn't ever have horses. It doesn't mean that those are in and of themselves bad but those are military weapons that the people of God are not meant to trust in because they are meant. To trust in the power of God but you positioning yourself on a chariot for all to see as we're going to see this is all a play. For power and majesty for himself.So, as soon as we read that there's some context there I think the eye has passed and there's trouble abroon. So, he basically outfits himself with a tank, a rocket launcher and a crew of 50 men and then we're going to see. How he positions himself amongst the people. Verse 2 Absalom used to rise early and stand beside the way of the gate and when any man had a dispute to come before the king. For judgment Absalom would call to him and say from what city are you? And when he said your servant is of such and such tribe in Israel Absalom would say to him see.Your claims are good and right but there is no man designated by the king to hear you then Absalom. Would say oh that I were judge in the land that every man with a dispute or cause might come to me. And I would give him justice and whenever a man came near to pay homage to him he would put out. His hand and take hold of him and kiss him thus Absalom did to all Israel who came to the king. For judgment so Absalom stole the hearts of the men of Israel and it's clear at this point that what Absalom. Is doing is he's positioning himself for a place on the throne because the king is the one who makes judgments.Like this this is the king's responsibility and Absalom seems to be getting in the middle of that and he seems to be. Taking what the king does and he says oh where are you from what's your problem oh oh no oh I'll give you justice. Oh I just wouldn't it be great if you had a king that listened to you wouldn't it be great if you had someone who could make. Good judgments for you and you could all receive judgments oh if there was just someone I guess I'll be the one. That does this and you can almost see him in his chariot in his stupid chariot with his wind blowing through his hair. Riding up to the gate posting up the people swarming him and he's just like oh I can help you and the people begin they.Listen this is what the people do they fall for cheap tricks every nation doesn't matter what nation what era what time. People fall for cheap tricks they just do and this is something that is working with every judgment with every hair toss. With every swooning kiss that he gives to the people he starts to capture their hearts and y'all he's lying. I mean you think about this he's lying this is we we just saw that David does give judgments. He met with a woman from Tekoa but Absalom's in the shadows he's he's politically maneuvering. He's out now in front of the people he's doing things that are shady they're falling for fool's gold they're falling.For a man who murdered his brother without one ounce of regret one ounce of repentance. One ounce of sorrow we see none of it they're falling for a man who burns down fields. To get people's attention they're falling for a guy who positions himself on chariots. To show his power they're falling for a guy who this is the really evil part of this. That's lost on us culturally he's dishonoring his father y'all which is a massive sin in the bible. He's dishonoring him not just his father but the anointed king of Israel and if you can remember how in first Samuel.How David the future king of Israel went about treating Saul the present anointed king. Of Israel and all the deference that he gave towards him you can see the difference. That approaches this is wickedness this is evil and he's positioning himself for a shot at the throne with every million. Dollar style with every wink with every nod with every judgment and now the storm is raging and a civil war. Is brewing verse 7 and at the end of four years Absalom said to the king please let me go. And pay my vow which I have vowed to the Lord in Hebron for your servant vowed a vow while I lived.At Geshur in Aram saying if the Lord will indeed bring me back to Jerusalem. Then I will offer worship to the Lord the king said to him go in peace so he arose and went to Hebron. So David led him out of his sight which is not really the main point of the story I get so annoyed. With David sometimes when I'm reading this because I'm just like what are you doing how are you not. Seeing what's happening here how are you not in attention to your kingdom and not seeing what he's doing. But he does that's him out of his sight verse 10 but Absalom sent secret messengers throughout all the tribes of Israel.Saying as soon as you hear the sound of the trumpet then say Absalom is king at Hebron with Absalom went 200 men. From Jerusalem who were invited guests and they went and their innocence and knew nothing and while Absalom was offering. The sacrifices he sent for Ahithophel the Gilanite David's counselor from his city Gilom. And the conspiracy grew strong and the people with Absalom kept increasing so that's where we pause today. Is that what he has done is he's taken he's enacted a plot to take the throne by force from his father and God's anointed king. And he's going to Hebron with some supporters with some bystanders who don't know what's going on and with a plan.And a conspiracy that we're going to see play out so to recap let's think about this story in context. Absalom is born with everything he's born on third base he has good looks he is a prince. He literally gets away with murder he gets away with it and then is restored he's allowed. To be back in Jerusalem where he gets to continue to live in royalty he should just. Be content he should just be satisfied and what does he do with all this blessing it's not enough it's not enough. For him he wants more he wants a throne that is not his to take he starts to dishonor.His father he lies he plots he schemes and he plans to take his throne which by the way. The only way you take the throne from a sitting king is by killing the king so this plan is moving towards. He wants to kill his father and that means what we're seeing is a story that plays out like a tragedy. And built into this tragic story is a self-centered prince who wants to be his own king and we're going to witness. Absalom do some truly evil stuff he has all the blessings and in the end he chooses himself. He chooses self-interest even if it tears the nation apart which it is.And the reality is if we can have enough foresight to take a step back from all of this we are just like Absalom. We are just like Absalom we in this room are born on third base just like Absalom. And you might say oh you don't know I'm ugly and it's like maybe that's subjective. It's not the point not the point of the comparison I'm trying to make we're just like Absalom. And that we have so many blessings that we've been given so many luxuries y'all. We live better than the kings of old the people of royalty from ages.Past we live better than them we have food that we can. Summon we have an abundance of food we have food that goes. Bad we don't know what a famine is like here in our. Nation that even if you're struggling there are places you can go. To get it we have food we have running water. That is clean we have our own chariots that never grow tired.You can get in a car and you can drive people used to have to. Walk for miles and miles and miles or ride a horse for miles. And miles and miles and it would take days and days and you. Could do it in a matter of hours if you go through the list of all the. Things that we have in fact that you have a machine in your. Pocket that is one of the most powerful machines that's ever been made.With that machine you can summon food to be delivered. Groceries to be delivered a car we have blessing upon blessing. Upon blessing the things that we think are just common needs. It's like no it's comparatively we are blessed. In more ways than we could possibly and on top of. The material blessings of this present world in this place.In this area the Columbia area we have access to spiritual. Blessings that are wonderful y'all I can take a rock. And throw it and get close I can throw it a couple. Times and get close to a church down the street where they're. Preaching the gospel right now where Chet Andrews at State Street is preaching. And that's keep driving and you're going to see on a hall.Avenue where Dow is preaching it's like. We have people that are preaching the gospel in this city you have. Access to Christian community in this city you have community. Groups and small groups and maybe we are blessed beyond. We have access to the word of God that you can read it in front. Of you right now you can pull it up on your phone you probably.Have maybe some of you have it in your car you have. It at your house we have every spiritual blessing some of. Us who belong to Jesus Christ who are Christians we have. Access to our creator y'all that he has we can. Pray to him and he listens that we have no middle. Man other than Jesus Christ it's wonderful access.To our triune God we're not born on third base. We're born rounding third base on our way. To home we are so wonderfully blessed and like Absalom. It's not enough we want more money we want more power we want. More success we want more praise we want more and better friends. We want better looks we want a better life it's never.Enough it's never enough we want more and then we'll do. Actions that are similar to Absalom many of us know how to politically. Maneuver you know how to at the workplace position yourself to compete for a job. Like it's a throne that you're fighting for your life for you know how. To position yourself ahead of another co-worker you know how to make. Business deals work the way that you come out on top we know how to.Play the game at the workplace we know how to play the. Game in our social spheres some of us know how to maneuver. And put ourselves and say I really want to be closer with this person. But I need to get in between this person and this person I need. To make this friendship work better and it's like all. That political maneuvering reveals the same heart it's not enough it's never.Enough and we'll do some of the same things behind the scenes. To get what we want for our own good we'll. Act just like Absalom we can be erratic we can throw temper. Tantrums we can act like petulant children we know how to. Yell in an argument to get what we want some of. Us know how to break things to get what we want.And you might say I would never I am cool calm. And collected I would never yell to get what I want. But you might know how to give a cold shoulder you might. Know how to be passive aggressive we know how to. Do this we know how to act in order to get what we. Want for our own interest we do things just like.Absalom we fortify our lives just like he did with he did. It with a horse and a chariot and a squad of 50 people because he. Wanted to trust in his own strength as opposed to in all. Of this trusting and the strength of God as opposed to trusting. That what God wants and what God desires for this kingdom is what. Is good he doesn't it's not enough but he trusts in his own self.And we do the same thing we'll find ways to trust in our own. Selves we'll do it through a savings account we'll do it through. Work ethic and working endless hours one of the ways that shows. Up in my life is just prayerlessness this idea that I can work. And work and strive and do and do and do and do and do. And not run to the Lord and I've just seen over and over again.That the prayerlessness in my own life is symptomatic of a greater problem. That I trust in my own strength and not the Lord but we. Have the same streak that runs through Absalom that's in us this self. Centeredness and wanting more and not being content content we're just. Like Absalom and yet in so many ways we're blind to it we can't. See it so if that is reality and I'd argue that for the majority of us if not all of us.In some form or fashion it is then where's the hope if that's the problem then what's the. Remedy like what what do we actually how do we not live. Like this Absalom type lives I want us to go to Philippians chapter. 2 It's on page 1135 1135 in the black bibles because. Bound up in this wicked story that we've read that we're going to. Continue to see play out and that's the backdrop of the darkness of our own lives.And the ways that it aligns with this story is some incredible hope. This is Paul writing to the church to Philippi addressing this directly. He says in verse 3 chapter 2 do nothing from selfish. Ambition or conceit but in humility count others more significant than. Yourselves which I read that and the times where I have the clarity. To see that Absalom prideful self-interested streak in me.I'm like okay I'm in you've got me do nothing. From selfish ambition or conceit but in humility count others more significant. Than yourselves I'm in how I want that then verse 4. Let each of you look not only to his own interests but also. To the interest of others that's like okay again you've. Got me I'm in I don't want to look to my own interest.Only I want to be a man that lives for the interest. Of others I'm in but how do I get there verse 5 have this. Mind among yourselves which is yours in Christ Jesus who though. He was in the form of God did not count equality. With God a thing to be grasped but emptied himself by taking. The form of a servant being born in the likeness of men and being found.In human form he humbled himself by being obedient to the. Point of death even death on a cross and the. Remedy for self centered souls and the way to fix. Our prideful beset sin in our lives is through. Jesus Christ it is by trusting and a God who left. The glory of heaven to take on human flesh and dwell among us.Who subjected himself to be murdered by his own creation for our own interest. That we might not be sprinting into an eternity of destruction. Under the wrath of God forever but he might bring us from. Darkness into a kingdom of light by choosing to surrender in the same. Way that Stephen declared in the baptism waters today. That the only hope we have for the self centered and self.Interested soul is through the work of Jesus Christ entrusting. In him and not ourselves and then every day in following Christ. Day by day we continue to come back to the hope of the. Gospel of a God who loved us so much that he. Gave himself for us that he might mold us. And conform us into his image into being people that are.Not so interested in our own lives but live for the. Sake of others hope is Jesus Christ that's the only. Means that we get there it is through faith and daily. Repentance of dying to our own selves and doing it every. Single day as we grow to be more like Christ. So when we read stories like this it's a warning and what.We're going to see is absolutely just absolutely wrecked his own. Life and so many people the pain and the. Fallout of his sin is massive and it's a warning. Of what it means when we trust in ourselves and we care about. Our own lives and thank you God that he's given us stories like. This to remind us not only the seriousness of sin but the wonderful.Gift of a savior and as we get ready to sing one final song in worship. My hope is that we would begin to reckon with our own sin and then. Run to Jesus Christ asking him to both reveal our self-interest to feel our. Pride reveal all the self-centeredness within us but also celebrate that he. Came and that he died and that he gave his life so that I. Wouldn't be a slave to myself and worshiping my own self but I might live.To worship in Christ and the fruit of that would show up in so many other. Ways so we'll get the opportunity to do that in worship here in a moment. We'll have the opportunity in groups to do that this week as we get to live. This out and this is a care week where we get to maybe confess. Our own sin and our own self-interest and we pray that. God would stir that work in us and then we'll worship and sing heavenly father I pray.That you might open our eyes to the reality of our own. Absalom like sin within God I just I so. Need you I so feel it myself this concern for self. This lack of contentment that it's never enough and I think there's others like. Me here that need you that desperately need you to go to. Work and may we trust in you and you alone and not.Ourselves and may you regularly graciously confront our sin and remind. Us beautifully of our savior you and may that change. The way we live our lives in Jesus name amen the band's. Going to come up we're going to sing this final song together and as we. Sing and celebrate and make much of Jesus Christ for what he has done for us. My hope is that this wouldn't just be things that we hear but we.Would actually begin to put into practice in our lives and as we leave here. Begin to take practical steps in running towards Jesus and watching him change. Us to be a people that live not to ourselves but for the sake of others.

Cory is on the grind and kind. He hosts the Kinsman open mic just about every week and treats every comic with a level of respect none of us deserve. We also have a super fun secret guest appearance by Connor, hitting his dab pen before going inside to serenade the fine people of Bristol.Catch me in new London CT on May 30th. I'm not on the poster, but I'll be there.Catch Cory and Connor at the Kinsman open mic on State Street in Bristol, RI every Friday around nine.YOU CAN CONTACT US RIGHT HERE!

Explore Jason Dominguez's vision for Santa Barbara, his background, and his approach to local governance as he campaigns for District 4 City Council. This interview covers key community issues like housing, fire safety, State Street, and rent stabilization. In this episode: Jason's personal journey from Maywood to Santa Barbara and his legal and international experiences His previous city council service, emphasizing fiscal responsibility, community engagement, and transparency Stakeholder perspectives on housing, rent stabilization, and controlling rising costs Fire safety strategies in District 4, including coordination with fire departments and urban planning The future of State Street and balancing commercial vitality with pedestrian-friendly policies Dominguez's stance on political independence, collaboration, and maintaining respectful debate Timestamps: (00:01) - Welcome and introduction to Jason Dominguez's background (0:30) - Why Jason is running for District 4 City Council (2:43) - Growing up in Maywood, education, and early influences (5:48) - How international experiences shaped his civic perspective (10:00) - Transition from law career to local government (13:08) - What Jason aims to accomplish in his current campaign (17:19) - Community priorities in District 4: fire safety and development (20:08) - The debate around rent stabilization and affordable housing (24:26) - Perspectives on State Street revitalization (32:15) - Balancing commercial growth with community needs (36:42) - Views on urban planning, retail, and street redesign (40:39) - Enhancing bike safety and youth recreation (43:52) - Addressing concerns about political style and past interactions (49:43) - Reflections on leadership, mistakes, and community service (60:40) - The influence of fatherhood on his worldview (63:23) - Final thoughts on voter trust and legislative experience

If ETFs are becoming the “backbone” of investing, what does that mean for the future of portfolios in Asia? Asia-Pacific’s ETF market has crossed the US$2 trillion mark, and investors are no longer using ETFs simply to track indices. Hosted by Michelle Martin with guest Ahmed Ibrahim, Head of ETF Solutions, APAC at State Street, this episode explores how ETFs are evolving into gateways for AI investing, income strategies, active management and digital assets. Michelle and Ahmed unpack what’s driving explosive ETF growth across China, Japan, Korea, Taiwan, Hong Kong and Australia - and how APAC is increasingly shaping global ETF innovation.See omnystudio.com/listener for privacy information.

To kick off State Street's series of global research events, we are joined by research partner Alberto Cavallo, co-founder of PriceStats and Professor of Business Administration at Harvard Business School. In this wide-ranging discussion of inflationary dynamics, we assess the last ten years of recurring price shocks and how much inflationary regimes and the price sensitivities of retailers and consumers have changed. The current impact of another energy price shock and lingering effects of last year's tariffs briefly feature as a sneak preview of Alberto's eagerly anticipated current thinking. For a fuller presentation of those themes, please contact your State Street representative to register for one of our upcoming events in Asia, the Americas and Europe.See omnystudio.com/listener for privacy information.

We were surprised, when researching for this interview, to learn that State Street Investment Management are the fourth largest asset manager globally, with circa $6 Trillion of assets. Size confers both opportunity and challenges, however, and in this conversation Yie-Hsin talks about the global savings gap and the evolution of Asset Management. She addresses the place of the historic 60/40 allocations in a world where bonds may not deliver, and inflation is stubborn.  She reflects on the turbulence in private markets, the emerging market debt and equity opportunities and why tokenisation is becoming an increasingly potent force.In January 2026, State Street launched its own Digital Asset Platform, which includes wallet management, custodial, and cash capabilities to support tokenized asset development. The Money Maze Podcast is kindly sponsored by J.P. Morgan Asset Management*, IFM Investors, World Gold Council and LSEG.*During the episode we cite J.P. Morgan Asset Management as Europe's leading active ETF provider by assets under management. This is sourced from J.P. Morgan Asset management and Bloomberg, data as of 30 March 2026.‍

Kim Wolfe is one of the few non-lawyer executives running operations at the top of corporate legal. With a Wharton MBA and a quantitative background, she leads legal administration at State Street. David Cowen sits down with Kim to unpack what executive-level legal ops looks like inside one of the world's most regulated industries, and the career advice that changed everything. Key Topics Covered: The non-lawyer operator archetype: How business operators in legal leadership are reshaping the function Banking's slower AI path: Why regulation means Kim is two steps behind Intel and HP, and okay with that Lawyer-to-lawyer training: Why pairing power users with hesitant adopters moves the needle Who owns training: Why 67 percent of legal ops says it belongs to them The career lesson: As long as I see you here, I cannot give you more The 5:30 AM discipline: Why two hours of solo thinking is Kim's most important investment Simulation training: Why flight-simulator-style learning may fix inconsistent mentorship

Gianni and host Jeanie read listener mailbag questions on the Hollywood Godfather podcast. Russo says a major company wants to adapt his three books—The Hollywood Godfather, The Sixth Family, and Mafia Secrets—into three $50 million feature films over the next three years. He says he was not in Hollywood during Charles Manson's time, credits engineer Mike Austin for creating the podcast intro music with AI, and describes carrying a shortened hickory cane with a gold-plated skull as a weapon for protection in New York. Russo discusses meeting podcast guest Miles Stevenson through their network, doing fan conventions where proceeds support his education charity Gianni Believes You Can, and planning upcoming dinner shows possibly at Paladino's in Grand Central. He recounts his restaurant career in Las Vegas, including State Street opened by Sinatra and the Rat Pack, and addresses AI likeness protections and changes hurting Las Vegas tourism.

This episode of CoinDesk's Public Keys at the NYSE features three conversations with the most closely watched voices in crypto's institutional moment. ProCap Financial founder Anthony Pompliano argues that 75% of crypto companies "aren't going to be here in five years," and lays out the four areas he believes will survive — Bitcoin, equity infrastructure, stablecoins, and tokenization. Angus Fletcher, Head of Digital Assets at State Street, breaks down how the $30 trillion-plus custody bank is building the bridge between traditional finance and tokenized markets, including a new tokenized fund service launching from Luxembourg by the end of 2026. Plus, SharpLink CEO Joseph Chalom on the publicly traded Ethereum treasury company's 46% institutional ownership, why permanent ETH capital is reshaping on-chain finance, and why he believes ETH's risk/reward "has never been better." - Timecodes: 00:00 Welcome to Public Keys at NYSE 00:14 Pomp on 75% of Crypto Being "Dead and Never Coming Back" 02:30 The Four Survivors: Bitcoin, Infrastructure, Stablecoins, Tokenization 04:30 Ghost Chains and Why Crypto Needs to Grow Up 05:30 BlackRock Is Now a Bitcoin Company 09:00 Pomp on Prediction Markets and ETFs as "Biggest New Category" 12:30 State Street's Angus Fletcher Joins 14:30 Why Traditional and Digital Will Run Together 17:00 Regulatory Clarity as a Stamp of Approval 18:30 State Street Picks Luxembourg for Tokenized Funds 20:30 SharpLink CEO Joseph Chalom on Ethereum as Infrastructure 23:30 Permanent ETH Capital and Institutional Standards 26:30 Why Stablecoins Will Outpace Bitcoin Payments 31:00 Chalom: ETH Risk/Reward "Never Been Better" - This episode was hosted by Jennifer Sanasie.

 Today we're chatting with Brooke of Daisy and Stella Vintage — a collector, seller, and curator who has been living and breathing vintage since 1999, and more recently, became the founder of the Twin Cities True Vintage Show. Brooke grew up in Wisconsin, where her mom sold antique dolls, and she spent a lot of time in auction houses and antique malls and the vintage shops on State Street in Madison. By college, she had a name for her future vintage shop picked out — Daisy and Stella, but it would be some time before she dove fully into her lifelong dream. Today, Daisy and Stella is a deeply specialized shop focused on Victorian fashion through the 1930s — the era of leg-of-mutton sleeves, hand-beaded gowns, corset covers, and construction so intricate it would cost thousands to replicate today. Brooke has built a reputation as one of the go-to experts in this niche, sourcing pieces through estate sales, online auctions, and a growing network of collectors and friends who know exactly what she's looking for. In 2023, she took that expertise and turned it into something bigger: the Twin Cities True Vintage Show, a curated, experience-driven vintage event where everything sold on the floor is 50 years old or older, and shoppers dress in vintage – we've covered the incredible street style in Pre-Loved's newsletter this spring! On today's episode, we get into all of it: how she found her niche and why narrowing down was the best thing she ever did for her business, and what it takes to build a vintage show that draws buyers and dealers from the coasts — and internationally — to the Midwest for one-of-a-kind finds. Let's dive right in! DISCUSSED IN THE EPISODE: [4:35] Brooke grew up in Wisconsin, where her mom sold antique dolls, and she spent a lot of time in auction houses, antique malls and vintage shops. [5:23] The vintage landscape of the late 90s and early 2000s  [8:58] Starting a vintage shop was a lifelong dream for Brooke – one long in the making. [14:09] Daisy and Stella is a deeply specialized shop focused on Victorian fashion through the 1930s. [17:23] What's most in demand right now from Victorian through 1930s  [22:47] Brooke has tried many resale platforms over the years – most recently livestreaming on Whatnot.  [25:08] Educating customers about pieces that are extremely old and rare.  [28:00] The piece Brooke had in a bin for 10 years before realizing it was a rare, sought-after French label, Boué Soeurs [32:28] Why she started the Twin Cities True Vintage show as a production dedicated to vintage fashion older than 50-years-old. [38:50] The "live mannequin" feature at the Twin Cities True Vintage show  [44:00] What draws buyers and dealers from the coasts and internationally to a Midwest show  [45:00] The most rare and remarkable pieces on the floor at the April Twin Cities True Vintage Show. [48:49] Brooke's own personal collection and favorite vintage pieces. [56:45] The pieces Brooke has sold that she still thinks about — and her vintage bucket list.  EPISODE MENTIONS:  Daisy and Stella Vintage @daisyandstellavintage Twin Cities True Vintage Show @twincitiestruevintageshow Pre-Loved's coverage from the Twin Cities True Vintage Show @timelessvixen Timeless Vixen on Pre-Loved Podcast Dressing History video on "survival bias" Candice at Collecting Dust Glamdiggers Vintage Stay Gold Vintage Threadbare Sturbridge  Goldstein Museum of Design  Cora Violet Walters LET'S CONNECT: 

State Street Investment Management's president and CEO discusses the company's product strategy, corporate partnerships, and "incredibly important" retirement segment. Host: Greg Bartalos. Learn more about your ad choices. Visit megaphone.fm/adchoices

On this episode of Animal Spirits: Talk Your Book, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Michael Batnick⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Ben Carlson⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ are joined by State Street's Michael Arone to discuss: the origin story of SPY, what's driving ETF adoption, geopolitics vs. AI, potential economic risks and more. Find complete show notes on our blogs... Ben Carlson's ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠A Wealth of Common Sense⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Michael Batnick's ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The Irrelevant Investor⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Feel free to shoot us an email at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠animalspirits@thecompoundnews.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ with any feedback, questions, recommendations, or ideas for future topics of conversation. Check out the latest in financial blogger fashion at The Compound shop: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://idontshop.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Ben Carlson are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. See our disclosures here: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://ritholtzwealth.com/podcast-youtube-disclosures/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ The Compound Media, Incorporated, an affiliate of ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Ritholtz Wealth Management⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://ritholtzwealth.com/advertising-disclaimers⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. State Street Disclosure: Important Risk Information Investing involves risk including the risk of loss of principal.   ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns. The views expressed in this material are the views of Michael Arone through the period ended April 13, 2026 and are subject to change based on market and other conditions. This document contains certain statements that may be deemed forward-looking statements. Please note that any such statements are not guarantees of any future performance and actual results or developments may differ materially from those projected. Before investing, consider the funds' investment objectives, risks, charges, and expenses. To obtain a prospectus, which contains this and other information, call 1.866.787.2257 or visit www.ssga.com. Read it carefully. ALPS Distributors, Inc. (fund distributor); State Street Global Advisors Funds Distributors, LLC (marketing agent). 8870050.1.2.AM.RTL SPD004538 Expiration: 4/30/27 Learn more about your ad choices. Visit megaphone.fm/adchoices

In a world of noise and distraction, there is a trend in “Bringing Simplicity Back To Investing.” RICK FERRI and I talk about why it’s important for investments and why it’s important for individuals. You’re going to leave here understanding a new framework for looking at your investment portfolio and hopefully bring some peace of mind as you go forward. https://youtu.be/8EFnt_UTjEA Rick Ferri has been a good friend to the podcast. He shares his insights on simple investing, emphasizing the importance of clarity, discipline, and understanding the core principles of investing. He discusses the pitfalls of complexity, the value of index funds, and how to maintain a disciplined approach amidst market noise. https://open.spotify.com/episode/743dxOLLgZjUzKszZo4Owy?si=57mqK1ZmQ0a7LPdcwVoQ-g Keywords investing, index funds, simplicity, portfolio management, financial planning, discipline, asset allocation, tax efficiency, global growth, investment philosophy Key topics The philosophy of simple investingThe stages of investor learning: darkness, enlightenment, and simplicityThe importance of cash flow and intrinsic value in investmentsAsset allocation based on liabilities and time horizonTax-efficient investing strategies for taxable and retirement accountsRisks of alternative investments and private equity in retirement plansDiscipline and automation in maintaining investment strategies Chapters of “Bringing Simplicity Back to Investing” 00:00 The Philosophy of Simple Investing07:03 Stages of Investment Understanding11:19 Financial Planning and Purpose17:57 Implementing a Simple Portfolio23:01 Discipline in Investing30:46 Navigating Complexity in Wealth Management Resources Rick Ferri’s Website – https://rickferri.comBogleheads.org – https://bogleheads.orgIndex Fund Book by Rick Ferri – https://www.amazon.com/s?k=Rick+Ferri&ref=nb_sb_noss_2 Website – https://rickferri.comTwitter – https://twitter.com/RickFerri Skeptic’s Guide to Investing Outline: “Bringing Simplicity Back To Investing” Introduction: Three parts to simple investing: Philosophy, Strategy, Discipline Part 1: Philosophy: Overview: Embrace Simplicity – the Education of an Index Investor – 4 stages 1: Born in Darkness (who you ask, chasing returns, naive research) 2: Finding Enlightenment (measure, compare, enlightened) 3: Complexity Traps (slice'n dice, factors, the fallacy of perfection) 4: Embrace Simplicity (global equity, specific fixed-income as needed) Part 2: Portfolio Strategy Overview: Making the Philosophy Work for You 5: Setting Goals (family – culture, career – taxes, risk tolerance) 6: Managing Risk (three ways to allocate assets: required return, risk avoidance, cash-flow) 7: Tax Management (three account types, asset class tax, tax avoidance) 8: Investment Selection (ETF vs fund, balanced funds & TDFs) Part 3: Discipline: Overview: Implement, automate, stay the course 9: Implement fully (consolidate, tax issues, lump sum vs DCA) 10: Maintain regulatory (automate new, rollovers, TLH) 11: Adjust as goals change (accumulation vs distribution, tax situations, legacy) 12: Stay the Course (recommit occasionally, continue ed., conferences) Transcript of “Bringing Simplicity Back to Investing” Frazer Rice (00:00.962)Welcome aboard, Rick. Rick Ferri (00:02.3)Well, thank you for having me. Frazer Rice (00:04.258)Well, thank you. First of all, want to thank you for a kindness you showed me way back in time and having me on the Boggleheads podcast. It was probably worth at least 25 % of my book sales and it was a lot of fun to do and never forgot it. So it took a while, but here we are back on my podcast. And what I want to do is go through a little bit about really the three parts to simple investing, which I think is something, especially now with the proliferation of alternatives, a lot of noise with crypto. That sometimes we kind of lose sort of the forest for the trees as far as what’s the right things to be thinking about in terms of an overall investing philosophy sort of embrace. And so maybe let’s start with that. How do you think about the parts to a good investing thesis and what is your overall worldview on that? Rick Ferri (00:55.804)So I’ve been in the investment advisory industry now for 40 years. And what I have learned is that the simpler you can make investing and the simpler you can make the portfolio, the better for you, the better for your family, the better for those who will inherit your portfolio. Don’t make it complicated. Complexity is just job security for those people who are selling you things and trying to manage your money. And in the end, you don’t benefit from that. They do in the form of fees. And if you just had a simple portfolio of a few good index funds and maybe some individual securities, you’ll be much better off and your family will be better off in the long term. And that’s the philosophy of simple investing. Frazer Rice (01:50.947)Mm-hmm. Rick Ferri (01:53.208)The second part is a strategy. How do you go about doing this, particularly if you’ve had a complex portfolio? And the third thing is discipline, which is how do you stick with simplicity as an investment philosophy? Frazer Rice (02:06.318)Sure. and without the second two, it’s great to have high-minded thoughts and so on, but if you can’t do it, it’s all for naught, and then if you can’t stick with it, then the best laid plans just kind of go asunder here. So let’s go back to the philosophy for a second here, and as you think about, it’s almost like the life cycle of discovery and learning about how these things work. How do you think about that from an ARC perspective? Rick Ferri (02:12.561)Ha ha. Rick Ferri (02:36.05)So generally when you’re new to investing, you’re going to ask other people for advice. I where you get that from, might be a friend or family member, maybe a professional advisor, might be coworkers, maybe you’ll just get on the internet and start searching. I don’t know, but 99.9 % of the time you’re gonna run into advice that is not very good. And the advice will be, you should put your money here, you should put your money there. Use these 10 different funds. It’s just a lot of confusion, quite frankly. I call this stage darkness because you don’t, you you’re just investing in the dark. You don’t know. And a lot of the advice is going to be very short based upon short-term performance. So recency biased people are going to be recommending, but you know, growth stocks because the Magnificent Seven has done well in the past. Or buy crypto because crypto went up a lot in the past and so therefore you should buy it now. And so most of the advice you’ll get in darkness is going to be recent based upon recent performance and rather than looking at it over say how should you be investing over 10, 20, 30 years and that will end up being quite different. So darkness is where we all begin. And most people stay in darkness. They never get out of darkness because they don’t put the brain cells to work to look at how am I doing? I mean, how has that done for me? What seems to be happening in my portfolio? Really? Do I really know what’s going on? And then the ones who are very fortunate start asking questions about, what if I just Frazer Rice (04:06.125)You Rick Ferri (04:31.334)bought the market and bought an index fund and just got the return of say the US stock market or the international stock market and that’s all I ever did. Would I be better off? And the answer to that 98 % of the time is yes, you would be better off if that’s all that you did. And if you come to this realization, I call it the second stage, which is enlightenment, where you now realize that, okay, all the stuff I’ve been doing may have been okay. I’ve been moving in and out of things, but now I need to start looking at just buying the market and holding it for the longterm. And that’s enlightenment. But for some people, it doesn’t stop there. And they start to dig into this idea of indexing. When you start doing that, it’s good that you’re learning, but you’ll start running into a whole lot of noise. That is alternative indexes, enhanced indexes uh… explore strategies all of these things that you’re going to take this nice simple concept called indexing and make it complicated again. So you start adding all these things to your portfolio because it has the word index in it or maybe the word passive in it and uh… advisors are notorious for doing this it’s called complexity for job security Frazer Rice (05:39.148)Right. Rick Ferri (05:54.066)Basically, are, you know, you take the idea of indexing and you just add a lot of things all around the edges of it and you make a simple portfolio complicated. So the third stage of this process of simplicity is complexity. In other words, you’ve made something simple complex. Okay, so the last stage is Frazer Rice (05:54.221)You Rick Ferri (06:18.544)Simplicity. That is that you realize this is going on. You realize that all the stuff that you’re adding to your portfolio is just making it all complicated again. And that the people who are benefiting from this are not you, but the people that are selling you all this stuff. And you say, that’s it, I’m done. I’m going back to my second epiphany, if you will, which is simplicity. I’m just going to go back to a simple portfolio of a few broad index funds, US stock market index fund. An international stock market index fund that covers the whole market and a couple of bond funds, municipal bond fund and maybe corporate bond funds or treasury bond funds. And you could use index funds for those as well. And it’s a really low cost, very tax efficient and very simple. Frazer Rice (07:05.953)A couple of quick asides here. The first one is for people who are coming into this in and they’re in the darkness, but they are informed maybe from the TikTok world or Robin Hood or Kal-She or these or these betting orientations and distinguishing between betting and investing. How do you think about that and kick people over to the positive side of the force so that their emergence from the darkness into the enlightenment and simplicity doesn’t take them in a place where they really touch the stove in a bad way and have a bad experience that’s simple but bad. Rick Ferri (07:32.988)Right, okay. Rick Ferri (07:51.484)So there’s a concept called intrinsic value. You may have heard Warren Buffett speak about this. Well, you want to buy things that have cashflow. Bonds, for example, have cashflow. They pay interest. Stocks have cashflow. You have companies that are going concerns. They earn earnings and pay dividends. They buy back stock and they reinvest money. So you can value these things based upon these cashflows. Real estate has cash flow, it pays rent, or maybe you own timberland that you can cut the wood or you own a farm where you can harvest or lease it out. mean, these are cash flows. So the first thing that I have for cut in investing is cash flow. How do my investments generate cash or will generate cash later on down the road? That’s different than say buying gold or Bitcoin or currencies or commodities. Those things don’t have a way of generating a cashflow. One bar of gold put in a safe is one bar of gold a thousand years from now. It doesn’t become two bars of gold. doesn’t get little bars of gold. It doesn’t pay interest and so forth. mean, so unless you’re good at Frazer Rice (09:12.994)Right. Rick Ferri (09:16.966)Buying low and selling high, you can’t really expect to make anything other than maybe the inflation rate. And with commodities, you actually earn less than the inflation rate. Gold has earned a little bit more than the inflation rate. Where Bitcoin is going to end up, I have no idea. But the speculative assets are the ones that usually don’t have any intrinsic value. People are just betting on price because that’s all you have. I f price is going up, let’s buy it. Because the price went up. I don’t know where it’s going, but the price went up, so let’s buy it. And maybe someone dumber than us will buy it at a higher price from us, and then we can make money. But I mean, you have to trade these things. And what information do you have? None, really. It’s very difficult to come up with information that the market doesn’t already have. And you’re not a professional trader. So you might get lucky. I mean, people do get lucky. You you can flip a coin. And pick heads 10 times and if it comes up head 10 times it doesn’t mean you’re a good coin flipper you’re just lucky and so you can get lucky and you can make money doing this but it’s not a long-term investment strategy to do that it’s best to buy things that have cash flows or will have cash flows in the future. Frazer Rice (10:30.175)As I like to tell people, you not only have to be right, you have to be right twice, and then you have to be systematically right twice in order to make a living out of it. even professional traders struggle at that. And to think that you’re going to be better equipped than a lot of those folks is folly. And so I try to talk people out of that whenever I can, because I think… Rick Ferri (10:35.42)Correct. Frazer Rice (10:58.101)It’s just very difficult to play in that space and have that turn out to be a success. Okay, so we kind of have some ideas here around the philosophy and sort of the idea of, you know, sort of garnering luck versus skill and those types of components in that portfolio strategy, that second phase, maybe take us through that a little bit and how you take a good philosophy of simplicity and make it work for you. Rick Ferri (11:22.18)Right. So this gets into a little financial planning at the beginning of it because you can’t invest without a purpose. I you have to have a reason why you’re investing. It might be to pay future liabilities such as college for your children or retirement, or maybe you want to leave a legacy or maybe just trying to build wealth for the family, whatever it is. I mean, you have to have a purpose. And so what is the purpose? What are you trying to do? And you have to look at your life and you have to say, are my liabilities? What are my short-term liabilities? Do I want to buy a house? Or do I want to send my kids to Ivy League school? Do I want to retire early? And what are my liabilities? And sometimes it involves other family members. Maybe you have parents who need your help or siblings who need your help. So that’s a liability. The first thing you have to do is look at what are my liabilities? And included in that is how much you want to leave to your children. I often ask people, okay, you’ve got $10 million. How much do you want to leave to each of your three children? And they don’t have any idea. I said, do you want to leave more than 10 million or you want to leave less than 10 million? And a lot of people would say, well, they’ll get what’s left. Well, that changes the whole concept of investing if they’ll get what’s left. Frazer Rice (12:43.318)Sure. Rick Ferri (12:43.634)Versus, yes, I want to leave each of my child five million dollars when I die and I’m starting with ten. Okay, well that changes how you invest your money. So these are the liabilities. So that’s where you start with. And then you start looking at well, what are the short-term liabilities and what are the long-term liabilities? And long-term liabilities can be funded with equity. Meaning things that are ten years or longer out. I usually I tell people anything you’re to be spending your money on between say, Now and 10 years from now probably shouldn’t be in equity. You’ll be getting dividends and interest from your portfolio, which is fine. You could just spend that money. But in addition to that, I big chunks of money that you might be spending to buy a vacation home or whatever it is really should probably not be in equity. But the money that’s going to be not used for 10 years or longer, 20 years or maybe ever in your life, that can be in equity. don’t differentiate that first. A lot of times asset allocation, that’s what we’re talking about, starts with, well, what do you want between stocks and bonds? What do you want your portfolio to look like? What percentage in stocks and what percentage in bonds? I don’t think you really get to that number until you know when you’re going to be needing the money. If you’re going to be needing the money 10 years out, fine, that money can be in stock. So that would allocate a portion of that long-term money to stock and that might be a percentage. Okay, so that’s what we start with. A real basic look at who you are and what do you need and when are you going to need it and what are you trying to do for your heirs. And then that leads to an asset allocation between stocks and fixed income. The stocks again, I’m not investing in any stock money in liabilities that I have in the next say 10 years. So it’s long term. Okay. Now we have to look at the stock side. That’s the easy stocks. Stock investing is easy. I quite quite frankly, I’m working on a book right now about this, but stock investing is very simple. It’s much easier than fixed income and bond investing. Stock investing is simply we buy the global equity market. We’re just trying to buy the growth of global economic growth, global GDP growth. We’re trying to capture that, which has been going on. Rick Ferri (15:08.594)Fairly steady for about the last 250 years and continues to be that way as more and more countries shift more towards capitalism and away from fascism and communism and so forth and realizing that capitalism is the way if you want to take care of your people and you want to increase standards of living all around the world, it’s done through capitalism. much a fact of life. Capitalism works. Well, I’m well. Frazer Rice (15:31.185)I think many can agree with that, although it might not be popular here in New York. Rick Ferri (15:37.425)The reason New York existed was because it was a port for capitalism at first. So I mean, is the financial capital of the US still is New York. So you could disagree with it because you live in New York, but you’d be in a minority and you’d be outside of reality and history as well. But the idea is that it’s all I’m trying to capture this global growth of… Frazer Rice (15:41.686)That’s right. Frazer Rice (15:55.648)Exactly. Rick Ferri (16:03.026)Global economic growth, which is about 2 % per year in real terms. So if I get from equity, if I get the inflation rate and I get 2 % real growth and then I get about a 3 % dividend yield and that comes from both cash dividends and then buybacks, we’re looking at about a 7.5 % expected return from global equity. And that’s good enough. I mean, that’s all I need on my equity side. I’ll be outperforming inflation by about 5%. I’ll have to pay some taxes, but I’ll still have an actual real after-tax return of about 3%, which is good. Okay. The rest of it then goes into fixed income. And what type of fixed income? Well, that depends on what type of account that you have and what your taxes are. So if it’s in a taxable account, it could be municipal bond income, because it’s probably your best bet if you’re in anything other than a 22 % tax bracket. Or if it’s in your retirement account, could be corporate bonds. And depending what state you live in, it could be treasury bonds. But you don’t expect the treasuries or the corporate bonds or the municipal bonds really to give you much of a return over taxes and inflation. If you could pick up 1 % over taxes and inflation over 20 years or so by being in fixed income, I mean, you’re actually doing well. So that is more of a stabilizer, meaning you don’t want to be all in stock because you can’t handle the volatility of the stock market. It goes up and down too much, even though the asset allocation would say, well, you should have an awful lot of your money in stock because you have a lot of money that you’re not going to be needing in the next 10 years. But a lot of people can’t handle having a lot of money in stock. So you have fixed income that at least keeps up with taxes and inflation over the long term. And that becomes part of your asset allocation as well. So it’s kind of how you This is what you do first before you go out and pick any index funds. You have to go through this process. Frazer Rice (18:00.116)And then as part of that, I spend a lot of time basically all day, every day thinking about the tax management side of things and helping people understand their appetite for volatility and how that impacts their long-term goals and things like that. The creation of these buckets to understand where you are in your tax situation and where you’re going to be, that can have a pretty significant impact on how things do. And from your perspective, I that’s really just, that’s a function of projecting out the purposes that you described before with your current situation and then the vehicles with which to invest in. Rick Ferri (18:38.226)Right. And you’re not trying to hit the ball over the fence here. I mean, you’re just trying to get your fair share of the returns that are available to everybody. And through index funds, and this is where index funds come in, you can get exactly that. I mean, you could buy a global equity index fund, a global equity, covers the entire globe for a few basis points, 0.05 % per year fee. It’s very tax efficient. And that wasn’t the case. 30 years ago, 40 years ago, but it is now. that’s the way you should do this. You don’t want to leave out all these ideas that you’re going to go out and hire people who are going to outperform that because they don’t. A vast majority of them don’t. Frazer Rice (19:21.963)And so the machinery to implement these portfolios, ETFs are sort of standard tax-efficient ways to do things. Mutual funds distribute gains at the end, which is sometimes a nasty surprise for people who are learning about this. Maybe take us through your analysis on how to implement this index investing in a way that stays simple and tax-efficient and at the same time helps you take advantage of what’s out there. Rick Ferri (19:52.883)So we have to divide up the world between your taxable money. Again, you already have a portfolio. So you have all these legacy assets in a portfolio, in your taxable portfolio. Then you have your retirement portfolio, 401k, 403b, 457 IRA, rollover, Roth IRAs, tax-free portfolio. So you have to look at taxes first. To implement a…simple portfolio say in a 401k if you have access to a target date index retirement fund like a Vanguard or an iShare or a State Street very low cost Fidelity has one too but very low cost index target date retirement fund this does it all for you you don’t have to do anything you just have to buy one fund based upon what the asset allocation is underneath the hood of that particular fund. How much in stock, how much in bond. That’s all you need to do in a 401k. You could roll your own in a 401k by buying individual index funds like a US stock market index fund, an international index fund, and say a bond index fund. So you could do your own allocation if you wish. But a target date fund works really well there. In a Roth account, you probably just want to have equity because there’s no tax in a Roth account. So you want to get maximum growth out of that account. So I would you look at the Roth account and I’d say, well, I’ll just buy the global equity index fund and my Roth account. And that’s it. All I have. So you’ve got your retirement accounts, which are target date fund. Very simple. You’ve got your Roth accounts, which are just a global equity index fund. And the only thing you need to worry about is your taxable account. Taxable accounts always have issues because people will come in and they will have this list of stuff that they already own and guess what there’s a lot of embedded long-term capital gains in there and if you just sell it and go to a index portfolio you may not be doing the clients a good service because they’ll pay a tremendous amount of taxes and if they’re over 65 they’ll have to pay more for medicare ermor they’re going to lose their over 65 deduct i mean lots of bad things happen when you just sell out of a taxable account Rick Ferri (22:04.722)So there you’re going to be a little bit more tactical. know, you’re going to wait. The market will give us some opportunities to trade out of some stocks or some investments that may have losses. So you can then take those losses. You could sell other things to that have some gains to offset the losses. And I mean, you may never get out of everything that you’ve got in a taxable account. But the idea is to have this portfolio out there of say, a US total stock market index fund and a municipal bond fund. That you want to move towards. So as you’re selling these things off, you’re just putting the money in a US total stock market fund. And the reason I say US total stock market in a taxable account is because they’re so tax efficient. The dividend yield is down about 1.2%. They don’t distribute capital gains in an ETF. And that’s a great fund for a taxable portfolio. But you just can’t sell everything and buy it. You’ve got to crawl your way out of what you currently have. Frazer Rice (23:05.715)No, you have to do it thoughtfully or else you create hits that are unnecessary. So as we segue to the discipline portion here, one thing that’s popping up is the, I think the discipline to stay simple. The world out there, the US in particular, is making retirement accounts safe for alternative investments like private credit and private equity. Rick Ferri (23:10.256)Right. Frazer Rice (23:31.211)I just bristle and shudder because I think there’s a level of complexity and illiquidity that is misunderstood and it is going to be difficult, nay impossible, to properly educate people on where those things sit in the asset spectrum to the point where they justify their fees or anything like that. Maybe take us through what you think on that as we get to the discipline portion of how you sort of stay the course with this mindset. Rick Ferri (24:00.924)Well 401ks are allowing these private equity investments and private debt investments in, but I personally have not seen any of my clients and I have a lot of clients and I charge an hourly fee. So I’m not trying to sell anything or manage anybody’s money, but nobody’s asking for these things. where, where are they getting the idea that they should own them? Well, they’re getting from the people that were selling them, right? The people who are making fees from them. I haven’t seen any useful data that says that these things actually enhance your return. Alpha goes to the manager. I say that over and over again. If these things actually produced a higher rate of return than say just a corporate bond index fund, you’re not going to get it. It’s going to go to the advisor, it’s going to go to the manager, and all you’re going to do is take the risk. You’re going to take the risk and they’re going to get the excess return in the long term through fees. They don’t make any sense. You don’t do it. It’s just the rehash of active management and mutual funds, which has already been dismissed as not producing anything for you, the investor. It only generates fees for the people in the investment industry. This is just another iteration of that and we’ve already seen some cracks. Isn’t that what Jamie Dimon said? What are they cockroaches? I think is the word that he used in the private equity market. And yeah, I mean, this is not new. This is just a repackaging of ideas just that now they’ve been allowed to go into the 401k market. But you have to ask yourself why haven’t they been allowed to go into the 401k market for the last 40 years if they’ve been so great? It’s because the SEC Frazer Rice (25:31.978)Right. Rick Ferri (25:58.703)The Department of Labor said, no, we’re not going to allow these things in there. you give people enough rope to hang themselves. They’re not going to hang themselves, by the way. Somebody else is going to put the noose around their neck. And that’s the advisors who are doing that. Frazer Rice (25:59.499)Department of Labor and right. Frazer Rice (26:19.066)And I mean, a different podcast probably, but it’s something where the liability really is going to shift to the planned sponsors. I don’t care what happens and you know, they’re going to present these things and something’s going to blow up. And it’s like, know, you may you gave me the option and they’ve already those lawsuits already already proliferate. OK, so back to discipline a little bit here. What should people be doing in order to make sure they can carry carry out the. Rick Ferri (26:39.367)Yeah. Frazer Rice (26:47.147)What they’re doing in a systematic way and keep themselves safe from being distracted by all this noise. Rick Ferri (26:52.86)So again, that’s why we start out with the philosophy. You have to believe in the philosophy of simplicity and simple indexing. You can’t just jump to it because some TikTok video said buy index funds, okay? If you’re just jumping to it that way, then you’re not gonna have the discipline to stick with it because it’s just another phase or fad or whatever in your mind. You don’t really truly understand. Frazer Rice (27:14.346)Mm-hmm. Rick Ferri (27:22.32)Why you’re doing it this way. So it gets back to the philosophy. Really got to understand the philosophy and why this works better than 98 % of everything else out there over your lifetime. And then you create the strategy for yourself and now you’re working towards completing that. Again, in the retirement account it’s done quickly, but in your taxable account it could take a while. The discipline is while you’re getting your portfolio in line, the first thing you need to do from a discipline standpoint is actually do it. Actually go to your 401k and change what you’re investing in. Because so many people will do the strategy, but it never gets actually implemented. Or maybe it gets 50 % implemented. It never gets old. It doesn’t, I don’t want to say never, because I have a lot of clients who do fully implement it, but I also have clients that I’ve given them the plan and three years later or five years later they come back and they haven’t done anything. Okay. And so I say, you need to implement the plan. Nothing has changed. So you got to, the plan first off has to be implemented fully. And then once it gets implemented fully, it’s a lot easier to maintain it. But if it never gets implemented fully, then of course you can’t maintain it. So implementation of the plan fully is the first discipline, the first part of discipline. And then once that’s done, maintaining it. In other words, not being drawn off course. Yeah, it’s fine to say, the price of oil is gonna shoot through the roof because what’s going on in the Middle East, so I’m gonna buy an energy index fund. That sounds like something I should do. No, it’s something you could think about. Something might be interesting, but it’s not something you should do. So discipline transcends the urge to do things. In other words, like John Bogle said, don’t just do something, stand there. And that takes more going back and remembering why you have this philosophy, going back and looking at the data. Rick Ferri (29:46.151)going to the right place to find information. And I’ll mention the bogeyheads.org website to go back and remind yourself why you’re doing this. If you’re gonna stick with it and these things help you stick with it. The more you automate things too, the better it is. Like we’re in a 401k just automatically invest in the target date fund and don’t do anything else. So automation helps you as well. Frazer Rice (30:05.736)Hey, hey. Frazer Rice (30:14.109)No question, if you can take these things out of your own hands in many ways and delegate it out and it happens automatically, just a chance of success on that front. And then if life intervenes and things need to be adjusted, you deal with it at that point and not have CNBC or the world news whipsaw your viewpoint on these different things. So as we wind down here, just talk a little bit about the service that you provide, sort of these larger family office clients, because I think in a lot of times they gravitate toward complexity, they gravitate toward FOMO investing and how you help to center that back to this worldview so that they get where they’re going at scale at sort of that ultra high net worth world and remind them of you how they got there and how to not be how to not leave by by getting cast aside into these different whirlpools that are out there Rick Ferri (31:13.778)That’s a great question. So you got to pick your advisors well. So some of my clients have a net worth over a billion dollars. I have several clients that have several hundreds of millions of dollars and believe me, They have simple portfolios, total stock market, total international municipal bonds. It’s all they have. And it may seem strange, but they don’t have these limited partnerships that you can’t get out of or syndicated deals that may sound good. I say to them, you don’t have enough money to own those, meaning that if you’ve only got $100 million, you’re just chump change to the Goldman Sachs of the world or the Morgan Stanley’s. When it comes to who’s going to get the good deal on a the next private equity deal or venture capital fund. You’re the person they sell the leftovers to. I know it’s hard to people to accept this. They think they have a lot of money if they have a hundred million. But the fact is they don’t. I mean, if you’re not sitting on five, ten billion dollars, you’re not going to get preferential treatment. You’re going to get you might get lucky. Just like everything else, the coin flip idea, but most of the time you’re not going to end up coming out ahead. That’s not the way they make you feel when they sell you these things. They make you, even if you had a million dollars and your Wells Fargo broker is trying to sell you some limited partnership, they’re going to make it feel like you’re very special and that this is a very special deal that is just for you. Frazer Rice (32:46.505)You Rick Ferri (32:50.322)And that’s how it’s going to be sold to you. But in the end, when you look at your performance and you say, I want to get out of this thing and you can’t, you realize at that point that maybe you shouldn’t have done it to begin with. And I’ve had experience going back 30 years working with some of the very largest families in the country, some magnificent seven IPO families, and they all want to get back to simplicity. They want to get rid of all of the stuff that they had gotten. And it’s true. And it’s better for estate planning as well because you need to transfer these things eventually to somebody else’s name. Frazer Rice (33:35.785)you’ve triggered me. I’m dealing with this on multiple levels, on multiple different things, and I’ve had to be trustee on some of the complexity and sort of sit Indian style and try to own your way through it. It’s brutal. So. Rick Ferri (33:53.81)Wouldn’t it be so much nicer just to have, let’s say, a single total stock market ETF to have to deal with rather than all that other stuff? Frazer Rice (34:01.807)No question. OK, so as we wind down here, how do listeners and watchers find you? Rick Ferri (34:09.478)Well, they can find me at Rickferri.com. I’m not currently and I won’t be taking on any new clients. I’m sorry for that, but I have a set clientele and that’s all that I am working with and I won’t be expanding my clientele. But there are other people that do this that believe in what I do. And you can go to Rickferry.com and you could find their names there. But me personally, you can find me on Rickferry.com. I’ve written several books about this. I’m writing another one. And but I apologize that I’m not off the market as far as hiring me personally. Frazer Rice (34:45.645)I love it. But at the same time, your books and your other ways that get out there, they are on RickFerri.com. So we’ll have that in the show notes. In the meantime, Rick, thanks for being on. Rick Ferri (34:52.07)Yes, exactly. Thank you. https://www.amazon.com/Wealth-Actually-Intelligent-Decision-Making-1-ebook/dp/B07FPQJJQT/

The proposed downtown Lockport development at former Dellwood Tire site would include commercial space and an apartment complex.Become a supporter of this podcast: https://www.spreaker.com/podcast/shaw-local-s-bears-insider-podcast--3098936/support.

The Supreme Personality of Godhead is situated as the Supersoul within the cores of the hearts of all living entities—whether moving or non-moving—including men, birds, animals, trees, and indeed, all living entities. Therefore, you should consider every body a residence or temple of the Lord. By such vision, you will satisfy the Lord. You should not angrily kill these living entities in the form of trees. (SB 6.4.13) I have to read this again because it's so nice; it really gets to the essence of our philosophy. In a verse in the Śrīmad-Bhāgavatam, it is mentioned that our main religious principle is to give up envy of other living entities. That's not a universally propagated idea. In fact, even in so-called religious culture, there are different forms of envy and enmity that arise. I'll say that many people are sensitive to those who have envy and sectarian tendencies. I remember after 9/11, Does anybody remember that? Many of you were just little babies. Anyway, it was a traumatic time. I went to New York City to distribute books, a little time after that. I remember that people were traumatized. Even on the street, some people broke into tears. It was so traumatizing for the whole country, what to speak of being in New York City. One day, I was giving a book distribution seminar at the Brooklyn temple, and during one of the breaks, I walked out the door with my friend and Godbrother, Mitrasena Prabhu. I remembered that we should grab a book before we went out for a walk, because I had just mentioned it in the semina. What if I was caught empty-handed? So, we reached inside the door, took a Śrī Īśopaniṣad, took a left, went straight, and took another right. Actually, it was State Street in New York, and just then we came across a very hefty-looking gentleman in a t-shirt and pants that he had obviously been working in. He was leaning against an enormous pickup truck. There was some demolition and reconstruction going on State Street—regentrification of the brownstone apartments there. He saw us come around the corner in our dhotīs and other Vaiṣṇava symbols as he was whiling away his time on his break. He looked at us both and goes, "What are you? Buddha?" In an instant, I knew that was who the Śrī Īśopaniṣad was meant for. I took it out and I said, "No, we're not Buddha, but we follow these various principles." I handed him the Śrī Īśopaniṣad and I read him two verses, the sixth and seventh: yas tu sarvāṇi bhūtāny ātmany evānupaśyati sarva-bhūteṣu cātmānaṁ tato na viju-gupsate yasmin sarvāṇi bhūtāny ātmaivābhūd vijānataḥ tatra ko mohaḥ kaḥ śoka ekatvam anupaśyataḥ These two verses are about how, when one sees every living being as a spiritual spark, qualitatively one with the Lord, becomes a true knower of things, what then can be illusion or anxiety for such a person? We should follow in the footsteps of those who have that vision. We shouldn't imitate; we should follow in the footsteps of those who have that vision and treat everyone with respect. In the post-9/11 atmosphere, where New Yorkers especially felt they were being assailed by outsiders who had sectarian views that caused them to hate, to want to kill, and to smash buildings and so forth., he was taken aback when he..(0:55:15) ------------------------------------------------------------ To connect with His Grace Vaiśeṣika Dāsa, please visit https://www.fanthespark.com/next-steps/ask-vaisesika-dasa/?utm_source=youtube&utm_medium=video&utm_campaign=launch2025 https://vaisesikadasayatra.blogspot.com/

The investment giant Vanguard is retreating from its climate initiatives as part of a $30 million settlement deal for an anti-trust lawsuit brought by Republican state attorneys general. The lawsuit alleged that Vanguard and fellow asset managers BlackRock and State Street, which are still fighting the suit, conspired to kill the coal industry. Vanguard did not admit to wrongdoing but is now barred from participating in climate investment watchdog groups such as Ceres.   Also, facing pain at the pump, US drivers looking to buy an electric vehicle now have more and cheaper choices than ever. But with the $7500 federal tax credit for new electric vehicles now gone, you may be wondering whether EVs are the smart buy in 2026. We share some insights about EV options, cost and the charging network.   And since the US capture of President Nicolás Maduro in early January, there has been a lot of discussion about Venezuela's massive oil reserves. But it also turns out that Venezuela is ideally positioned to harness abundant clean, renewable energy, particularly from wind. We map out this blue-sky vision for a green Venezuela. --- Join LOE and Inside Climate News for the next Living on Earth Book Club event on Thursday, March 26th! We'll talk with data scientist Hannah Ritchie about her new book Clearing the Air: A Hopeful Guide to Solving Climate Change in 50 Questions and Answers. Learn more and sign up for this free, live online event at loe.org/events Learn more about your ad choices. Visit megaphone.fm/adchoices