Podcasts about wells fargo investment institute

It's a tale of two forecasts on today's edition of Money Life, as two experts come to very different conclusions of how 2025 will play out. In The Big Interview, Paul Christopher, head of global investment strategy for the Wells Fargo Investment Institute says he expects the market to drop "5 to 10 percent easily" as tariffs, accompanying inflation and a slowing economy take hold during the third quarter and stick around for at least six months. Christopher notes that surprises could push the market down even further, back to or past April lows, but he noted that he'd be buying there, because he believes the United States was oversold early this year and will represent a particularly good value once it digests the expected downturn. In the Talking Technicals interview, however, Matt Fox, president of Ithaca Wealth Management, sets a 7000 target for the Standard & Poor's 500, up about 20 percent from current levels in the next 12 months. Fox says the sell-off in April did a lot of the "technical damage" necessary to set up a rally, and has us now at a point where "the path of least resistance is  higher." Fox's forecast, however, also is based on solid fundamentals, which he believes can overcome the current headline risks that are dominating the landscape now. Plus Drake Shadwell discusses the latest research from Clever Real Estate showing the current trends on how long houses are staying on the market and what that means for the strength or weakness of the economy.

The Federal Reserve chairman Jerome Powell said America's central bank would leave its key interest rate unchanged because of tariff 'uncertainty'. We hear from Gary Schlossberg, a global strategist for Wells Fargo Investment Institute and a former researcher at US Treasury and Federal Reserve.You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.

The Federal Reserve chairman Jerome Powell said America's central bank would leave its key interest rate unchanged because of tariff 'uncertainty'. We hear from Gary Schlossberg, a global strategist for Wells Fargo Investment Institute and a former researcher at US Treasury and Federal Reserve.You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.

In Episode 20 of the Alternative Allocations podcast, Mark Steffen from Wells Fargo Investment Institute shares insights on the market environment and opportunities in private markets. He provides a positive macro outlook for 2025, predicting U.S. economic growth and a soft landing. Mark shares areas of opportunity, including private equity, private credit, certain hedge fund strategies, infrastructure assets, and secondary investments. He also emphasizes the importance of diversifying portfolios with alternatives, and highlights the increasing accessibility of these strategies to average investors. Mark Steffen is a global alternative investment strategist for Wells Fargo Investment Institute (WFII), which is focused on delivering the highest- quality investment expertise and advice to help investors manage risk and succeed financially. WFII serves Wells Fargo Wealth and Investment Management, a division of Wells Fargo & Company. As a member of the Global Investment Strategy Committee, Mark formulates and leads strategy and asset allocation guidance for alternative investments, including hedge strategies, private equity, private debt, and private real estate and infrastructure. He produces alternative investment research and market updates that deliver advice to help investors meet their long-term financial goals. Mark has more than 25 years of experience in financial services, including over 15 years in alternative investments. He earned a Bachelor of Science from St. Cloud State University. Mark has earned the Chartered Financial Analyst (CFA) and Chartered Alternative Investment Analyst (CAIA) designations. Enjoying Alternative Allocations? Please take a moment to rate and review us. Your feedback helps us deliver more insightful episodes on alternative investments! Resources: Mark Steffen, CFA, CAIA | LinkedInSee what's next for the economy in our 2025 Outlook | Wells FargoFranklin Templeton Institute's 2025 Private Market OutlookAlternatives by Franklin TempletonTony Davidow, CIMA® | LinkedIn

Paul Christopher, head of global investment strategy at the Wells Fargo Investment Institute discusses the firm's research looking at whether campaign promises have translated into long-term outperformance for sectors that were likely to benefit from proposed policies, and while there were positive gains in the immediate aftermath of elections, many sectors underperformed the Standard & Poor's 500 Index over the following four years. As a result, Christopher suggests caution for anyone expecting president-elect Trump's "Drill baby drill" plan to turn into oversized oil-industry gains once he takes office. Todd Rosenbluth, head of research at VettaFi, turns to regional banks for his ETF of the Week, noting that while they have been up sharply since election day, there is reason to expect that this rally has legs. Plus, we have tow interviews conducted at the Active Investment Company Alliance's Fall Roundtable in New York on Nov. 13, where Chuck talked with individual investor Jim Cohen and then discussed gold and how it performs in an economy with falling interest rates but higher inflation with Axel Merk of Merk Investments and the ASA Gold and Precious Metals fund.

Paul Christopher, head of global investment strategy at the Wells Fargo Investment Institute, says the market will take a break of as much as 10 percent, and he is looking for that kind of setback before getting back to being fully invested. That said, he expects the economy to pivot out of slowdown mode and "into a more sustainable growth path, but probably not until later this year or early in 2025." David Trainer, founder/president of New Constructs, puts a popular consumer name into the Danger Zone, Jeff Lambert of Tiicker — a service that helps companies reward investors for participating in proxy votes — discusses the firm's recent survey which shows that more than three-quarters of investors might pay attention to and actually vote their proxies if there was a tangible benefit to getting it done. Plus, in the Market Call, Ed Shill, managing director at the Wealth Enhancement Group talks about how investors should go looking for individual stocks at times like now when the market is "overbought," and among his surprising picks for these times is troubled airplane maker Boeing, which he describes as an enormous bargain as it tries to regain lift after recent operational troubles.

Scott Wren, senior global market strategist at the Wells Fargo Investment Institute, expects the Federal Reserve to cut rates, but no more than twice this year and in September at the earliest, and he says it's increasingly likely the moves won't start until 2025. The amazing thing, Wren says, is that the stock market got to where it was flirting with record highs despite investors adjusting from six projected cuts this year down to potentially none. He says market valuations are high and he expects them to give in to economic pressures to move lower, but long-term he's positive on equities, liking industrials, health care and energy stocks while trimming technology and communication services, the big winners from 2023. David Trainer, president at New Constructs revisits pet-insurance company Trupanion, a Zombie stock that he says may be worth shorting as its business model is flawed and unlikely to be turned around. Plus, Larry Swedroe, chief research officer at Buckingham Wealth Partners, discusses his new book, "Enrich Your Future: The Keys to Successful Investing."

Sameer Samana, senior global market strategist at the Wells Fargo Investment Institute, says that the market's recent rally appears to have run out of steam, requiring "a little bit of a breather" before the market makes more real upward progress. He expects a 5 to 10 percent pullback, with Standard & Poor's 500 using the 5,000 level as its new support level and the uptrend only being threatened if the sell-off pushes it below 4,600. Jay Zagorsky, a professor who studies the gaming industry at Boston University's Questrom School of Business, says some $20 billion will be gambled on March Madness this year, with a record number of participants placing some type of wager thanks to rapid growth in legalized gaming. Matt Schulz, chief credit analyst at LendingTree, discusses his just-released new book, "Ask Questions, Save Money, Make More: How to Take Control of Your Financial Life," and Elliott Gue, editor of the Energy & Income Advisor newsletter is talking income-generating stocks in the Market Call.

 Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News Finance Reporter Katherine Doherty discusses how Donald Trump's Treasury secretary Steve Mnuchin scored an instant profit by leading a group of investors that injected more than $1 billion into New York Community Bancorp. Dina Goldentayer, Ultra Luxury Specialist and Executive Director of Sales at Douglas Elliman, shares her thoughts on the South Florida ultra-luxury real estate market. Chris Miller, Associate Professor of International History at Tufts University, discusses news from the semiconductor industry and talks about his book Chip War: The Fight for the World's Most Critical Technology. And we Drive to the Close with Tracie McMillion, Head of Global Asset Allocation at Wells Fargo Investment Institute. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

 Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News Finance Reporter Katherine Doherty discusses how Donald Trump's Treasury secretary Steve Mnuchin scored an instant profit by leading a group of investors that injected more than $1 billion into New York Community Bancorp. Dina Goldentayer, Ultra Luxury Specialist and Executive Director of Sales at Douglas Elliman, shares her thoughts on the South Florida ultra-luxury real estate market. Chris Miller, Associate Professor of International History at Tufts University, discusses news from the semiconductor industry and talks about his book Chip War: The Fight for the World's Most Critical Technology. And we Drive to the Close with Tracie McMillion, Head of Global Asset Allocation at Wells Fargo Investment Institute. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

Bloomberg Intelligence Senior ETF Analyst Eric Balchunas and Bloomberg News Cross Asset Reporter Emily Graffeo discuss the Bitcoin market after the SEC approved spot ETFs. Bloomberg News International Economics & Policy Correspondent Michael McKee and Yelena Shulyatyeva, Senior US Economist at BNP Paribas break down US CPI data and Fed policy. Joshua Horwitz, Co-Director of the Center for Gun Violence Solutions at the Johns Hopkins Bloomberg School of Public Health, talks about the school's Defending Democracy report about the increased threat of an armed insurrection. Matt Hougan, CIO at Bitwise Asset Management, talks about investing in Bitcoin spot ETFs. And we Drive to the Close with Sameer Samana, Senior Global Market Strategist at Wells Fargo Investment Institute. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.See omnystudio.com/listener for privacy information.

Bloomberg Intelligence Senior ETF Analyst Eric Balchunas and Bloomberg News Cross Asset Reporter Emily Graffeo discuss the Bitcoin market after the SEC approved spot ETFs. Bloomberg News International Economics & Policy Correspondent Michael McKee and Yelena Shulyatyeva, Senior US Economist at BNP Paribas break down US CPI data and Fed policy. Joshua Horwitz, Co-Director of the Center for Gun Violence Solutions at the Johns Hopkins Bloomberg School of Public Health, talks about the school's Defending Democracy report about the increased threat of an armed insurrection. Matt Hougan, CIO at Bitwise Asset Management, talks about investing in Bitcoin spot ETFs. And we Drive to the Close with Sameer Samana, Senior Global Market Strategist at Wells Fargo Investment Institute. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.See omnystudio.com/listener for privacy information.

Darrell Cronk, chief investment officer at Wells Fargo Wealth & Investment Management -- president of the Wells Fargo Investment Institute -- says the market's current rally has it ahead of where it should be, and he expects a slowdown both for the economy and the stock market early in 2024, lasting until the Federal Reserve cuts interest rates and stimulates the economy, kicking off a strong second half of the year. In discussing Wells Fargo's outlook for 2024, Cronk recommends that investors keep some dry powder waiting for that inflection point. Tom Lydon, vice chairman at VettaFi looks to a genomics fund that has been a bit out of favor for his ETF of the Week, noting that he thinks the fund and the area it invests in are ready for a takeoff. Plus, Glenn Tompkins, senior global market strategist at VectorVest makes his debut in the Market Call, and Chuck has a surprise extra segment based on the day's headlines.

Becky Frankiewicz, Chief Commercial Officer at ManpowerGroup, shares her thoughts on the November jobs report and employment trends. Chris Giancarlo, former Chairman of the CFTC, Senior Counsel at Willkie Farr & Gallagher, discusses testing new technologies for the future of money with The Digital Dollar Project. “Fragrance Queen” Linda G. Levy, President of The Fragrance Foundation, has gift-giving ideas for this holiday season. And we Drive to the Close with Paul Christopher, Head of Global Investment Strategy at Wells Fargo Investment Institute. Hosts: John Tucker and Mike Regan. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

Becky Frankiewicz, Chief Commercial Officer at ManpowerGroup, shares her thoughts on the November jobs report and employment trends. Chris Giancarlo, former Chairman of the CFTC, Senior Counsel at Willkie Farr & Gallagher, discusses testing new technologies for the future of money with The Digital Dollar Project. “Fragrance Queen” Linda G. Levy, President of The Fragrance Foundation, has gift-giving ideas for this holiday season. And we Drive to the Close with Paul Christopher, Head of Global Investment Strategy at Wells Fargo Investment Institute. Hosts: John Tucker and Mike Regan. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

The Real Estate Mastermind Live is a live podcast turned radio show created for real estate investors who want to learn directly from top experts in various asset classes. The Real Estate Mastermind Live is hosted by Seth Gershberg and Jay Tenenbaum of Scottsdale Mortgage Investments, along with Edward Brown of Pacific Private Money.Today's guest is Gary Schlossberg, a global strategist for Wells Fargo Investment Institute (WFII), a subsidiary of Wells Fargo Bank, N.A., which is focused on delivering the highest quality investment expertise and advice to help investors manage risk and succeed financially. Wells Fargo Investment Institute serves Wealth & Investment Management (WIM). WIM is a division within Wells Fargo & Company. WIM provides financial products and services through various bank and brokerage affiliates of Wells Fargo & Company.Mr. Schlossberg is responsible for identifying global macroeconomic and political trends, their impacts on financial markets, and their potential opportunities and risks for investment portfolios. He conducts internal and external presentations, and he produces market updates, special reports, and white papers that articulate views to help investors meet their long-term financial goals.Prior to joining WFII, Mr. Schlossberg worked as a senior economist with Wells Fargo Asset Management, the bank's institutional investment manager, and in the bank's Economics Department. He began his career as a researcher with the U.S. Treasury Department and the Federal Reserve Board.In this episode, we will explore the following topics:What exactly are macro trends in investments, and why should investors pay attention to them?Can you highlight some of the current prominent macro trends shaping the investment landscape?How do global economic conditions influence these macro trends in investments?Are there specific industries or sectors that are particularly impacted by these trends?For individual investors, what strategies can they employ to align with these macro investment trends?What role does technology play in the evolving world of investment trends?Could you share some historical examples of how macro trends have affected the financial markets and investments?How can investors adapt their portfolios to capitalize on or safeguard against changing macro trends?Are there any potential risks associated with following macro trends too closely in one's investment strategy?Register to attend The Real Estate Mastermind Live by registering on our website using the link here: https://scottsdalemortgageinvestments.com/podcastLearn more about Scottsdale Mortgage Investments by visiting the website using the link here: https://scottsdalemortgageinvestments.com/Learn more about Pacific Private Money by visiting the website using the link here: https://www.pacificprivatemoney.com/Are you on LinkedIn? Connect with our co-hosts using the links below. Seth Gershberg - Connect on LinkedIn Jay Tenenbaum - Connect on LinkedIn Edward Brown - Connect on LinkedIn

Bloomberg News Real Economy Team Reporter Mark Niquette discusses his conversations with UAW's striking workers from the picket line. Elisabeth Staudinger, Managing Board Member for Siemens Healthineers, talks about the potential for AI to reshape the healthcare industry. Michael Marks, Founding Managing Partner at Celesta Capital, discusses VC investing in the deep technology space. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Technology Reporters Julia Love and Davey Alba share the details of the Businessweek Magazine cover story Google's User Data Has Become a Favorite Shortcut of Police. And we Drive to the Close with Samana, Senior Global Market Strategist at Wells Fargo Investment Institute. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.See omnystudio.com/listener for privacy information.

Bloomberg News Real Economy Team Reporter Mark Niquette discusses his conversations with UAW's striking workers from the picket line. Elisabeth Staudinger, Managing Board Member for Siemens Healthineers, talks about the potential for AI to reshape the healthcare industry. Michael Marks, Founding Managing Partner at Celesta Capital, discusses VC investing in the deep technology space. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Technology Reporters Julia Love and Davey Alba share the details of the Businessweek Magazine cover story Google's User Data Has Become a Favorite Shortcut of Police. And we Drive to the Close with Samana, Senior Global Market Strategist at Wells Fargo Investment Institute. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.See omnystudio.com/listener for privacy information.

Bloomberg News Technology Reporter Matt Day and Bloomberg Businessweek Technology Editor Joshua Brustein talk about Amazon in talks to join other tech companies as an anchor investor in Arm Ltd.'s initial public offering. Bloomberg News Real Economy Team Reporter Mark Niquette shares the details of his story First US City to Tame Inflation Owes Its Success to Housing Boom. Bloomberg Intelligence Technology and Media Analyst Geetha Ranganathan discusses Disney raising the prices of its streaming services, including a 27% increase for the advertising-free version of the flagship Disney+. And we Drive to the Close with Paul Christopher, Head of Global Investment Strategy at Wells Fargo Investment Institute. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

Bloomberg News Technology Reporter Matt Day and Bloomberg Businessweek Technology Editor Joshua Brustein talk about Amazon in talks to join other tech companies as an anchor investor in Arm Ltd.'s initial public offering. Bloomberg News Real Economy Team Reporter Mark Niquette shares the details of his story First US City to Tame Inflation Owes Its Success to Housing Boom. Bloomberg Intelligence Technology and Media Analyst Geetha Ranganathan discusses Disney raising the prices of its streaming services, including a 27% increase for the advertising-free version of the flagship Disney+. And we Drive to the Close with Paul Christopher, Head of Global Investment Strategy at Wells Fargo Investment Institute. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

Bloomberg News Digital Currencies and VC Reporter Hannah Miller talks about why the crypto industry is running out of ground to stand on, particularly in the US. Adam Spira, Professor in the Department of Mental Health at the Johns Hopkins Bloomberg School of Public Health, discusses the link between sleep disturbances and dementia. Melissa Panzer, Executive Producer of Video Content, Development, and Production at WorkingNation, shares the details of her documentary film Glory in Overcoming. And we Drive to the Close with Brian Rehling, Head of Global Fixed Income Strategy at Wells Fargo Investment Institute.Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan.See omny.fm/listener for privacy information.

Bloomberg News Digital Currencies and VC Reporter Hannah Miller talks about why the crypto industry is running out of ground to stand on, particularly in the US. Adam Spira, Professor in the Department of Mental Health at the Johns Hopkins Bloomberg School of Public Health, discusses the link between sleep disturbances and dementia. Melissa Panzer, Executive Producer of Video Content, Development, and Production at WorkingNation, shares the details of her documentary film Glory in Overcoming. And we Drive to the Close with Brian Rehling, Head of Global Fixed Income Strategy at Wells Fargo Investment Institute.Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan.See omnystudio.com/listener for privacy information.

Scott Wren, senior global market strategist for the Wells Fargo Investment Institute, says that he is expecting economic contraction for the last half of the year and into 2024, but notes that the market looks ahead and tends to get optimistic about half way through a recession. He's not expecting the economic slowdown to bring a major market meltdown, but by the middle of the downturn he expects signals to turn to where opportunistic investors with multi-year time horizons will want to use the pullback as a chance to buy on the cheap. Also on the show, Greg McBride of Bankrate.com discusses research showing that about one-in -four investors has moved money this year out of stocks and to fixed income or savings accounts, Chuck answers a listener's question about the process for becoming an accredited investor -- the kind who can invest in hedge funds, private-equity deals and equity crowdfunding -- and Francisco Bido, senior portfolio manager at F/m Acceleration talks stocks in the Market Call.

President Biden is set to hold a face-to-face meeting today with top congressional leaders to break the current debt limit deadlock. Strategas Research Partners' Dan Clifton weighs in on the situation. Plus, the latest report from the Federal Reserve suggests the recent regional banking turmoil may lead to a greater economic downturn than expected. Piper Sandler's Stephen Scouten discusses the impact. And, many strategists say there's plenty of upside for commodities in the coming months. Wells Fargo Investment Institute's John LaForge explains the bull market super-cycle.

Anton Schutz, President and CIO at Mendon Capital Advisors, discusses the health of regional banks post SVB collapse. Bloomberg Intelligence Chief Equity Strategist Gina Martin Adams explains why US earnings season is off to a brighter start than expected. Ashley Still, Senior VP of Creative & Digital Media at Adobe, talks about the launch of several new creative AI tool innovations. And We Drive to the Close with John LaForge, Head of Real Asset Strategy at Wells Fargo Investment Institute. Hosts: Kriti Gupta and Madison Mills. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

Anton Schutz, President and CIO at Mendon Capital Advisors, discusses the health of regional banks post SVB collapse. Bloomberg Intelligence Chief Equity Strategist Gina Martin Adams explains why US earnings season is off to a brighter start than expected. Ashley Still, Senior VP of Creative & Digital Media at Adobe, talks about the launch of several new creative AI tool innovations. And We Drive to the Close with John LaForge, Head of Real Asset Strategy at Wells Fargo Investment Institute. Hosts: Kriti Gupta and Madison Mills. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

Bloomberg News US Economy Reporter Reade Pickert, explains how a yearslong decline in response rates for many of the surveys US government agencies use to compile economic data is a worrying development. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Health Care Reporter Anna Edney provide the details of Anna's Businessweek Magazine story Zantac's Maker Kept Quiet About Cancer Risks for 40 Years. Bloomberg Intelligence Senior Tech Industry Analyst Mandeep Singh discusses Airbnb shares jumping on Wednesday after an outlook that shows robust travel demand. And we Drive to the Close with Sameer Samana, Senior Global Market Strategist at Wells Fargo Investment Institute.Hosts: Carol Massar and Madison Mills. Producer: Paul Brennan.  See omnystudio.com/listener for privacy information.

Bloomberg News US Economy Reporter Reade Pickert, explains how a yearslong decline in response rates for many of the surveys US government agencies use to compile economic data is a worrying development. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Health Care Reporter Anna Edney provide the details of Anna's Businessweek Magazine story Zantac's Maker Kept Quiet About Cancer Risks for 40 Years. Bloomberg Intelligence Senior Tech Industry Analyst Mandeep Singh discusses Airbnb shares jumping on Wednesday after an outlook that shows robust travel demand. And we Drive to the Close with Sameer Samana, Senior Global Market Strategist at Wells Fargo Investment Institute.Hosts: Carol Massar and Madison Mills. Producer: Paul Brennan.  See omnystudio.com/listener for privacy information.

Paul Christopher, Head of Global Market Strategy, at Wells Fargo Investment Institute, discusses his outlook for the markets. He spoke with hosts Bryan Curtis and Kathleen Hays on "Bloomberg Daybreak Asia."See omnystudio.com/listener for privacy information.

Stocks surging on Wall Street and rebounding from the worst week since September. Investors bidding up stocks ahead of a key inflation reading and the latest Federal Reserve decision on interest rates. A trio of big mergers also giving the bulls momentum. Wells Fargo Investment Institute's Sameer Samana isn't a believer in today's rally. He lays out the case for staying bearish and why this is no time to buy. Lazard CEO of Financial Advisory Peter Orszag explains why he thinks the Fed should pause its interest rate hikes. Plus, he discusses whether the acquisitions of Horizon Therapeutics, Coupa Software and Weber are signalling a big year for dealmaking in 2023. RBC Capital Markets' Rishi Jaluria discusses whether the $8B buyout of Coupa could signal more acquisitions in the struggling software industry. And Bitfury CEO Brian Brooks discusses Sam Bankman-Fried's testimony before Congress tomorrow over FTX's collapse and how lawmakers should regulate the crypto industry to ensure another failure doesn't happen.

Gary Schlossberg, Global Strategist at Wells Fargo Investment Institute, discusses the latest of the markets. He spoke with hosts Doug Krizner and Kathleen Hays on "Bloomberg Daybreak Asia."See omnystudio.com/listener for privacy information.

Bloomberg News Economics Reporter Rich Miller discusses how the Federal Reserve's monetary tightening campaign is having a major impact in deflating asset bubbles that swelled during the pandemic. Dr. Joshua Sharfstein, Vice Dean for Public Health at the Johns Hopkins Bloomberg School of Public Health, shares a new report on US life expectancy. Bloomberg Businessweek Solutions & Strategy Senior Editor Rebecca Penty has some of the stories from Businessweek Magazine's Good Business issue. And we Drive to the Close with Sameer Samana, Senior Global Market Strategist at Wells Fargo Investment Institute. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.  See omnystudio.com/listener for privacy information.

Bloomberg News Economics Reporter Rich Miller discusses how the Federal Reserve's monetary tightening campaign is having a major impact in deflating asset bubbles that swelled during the pandemic. Dr. Joshua Sharfstein, Vice Dean for Public Health at the Johns Hopkins Bloomberg School of Public Health, shares a new report on US life expectancy. Bloomberg Businessweek Solutions & Strategy Senior Editor Rebecca Penty has some of the stories from Businessweek Magazine's Good Business issue. And we Drive to the Close with Sameer Samana, Senior Global Market Strategist at Wells Fargo Investment Institute. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.  See omnystudio.com/listener for privacy information.

Paul Christopher, Head of Global Market Strategy at Wells Fargo Investment Institute, discusses the latest on the markets. He spoke with hosts Doug Krizner and Rishaad Salamat on "Bloomberg Daybreak Asia."See omnystudio.com/listener for privacy information.

Retail sales numbers came in higher than expected, and Scott Wren of the Wells Fargo Investment Institute helps us understand what that means for the economy. Also, thousands and thousands of UC graduate workers are striking. We look into the reason why. And, you can add Walmart to the list of companies having to settle up in the wake of an opioid lawsuit.

Scott Wren, senior global market strategist for the Wells Fargo Investment Institute, says the stock market is in for some dicey moments heading into 2023 and through the first few months of the year, but he is calling for the Standard & Poor's 500 to hit 4,400 -- roughly 15 percent higher than it is today -- by the end of next year, a recovery that is set up by solid economic underpinnings that he says will come to the fore once inflation is under better control. Also on the show, Anu Ganti of S&P Global discusses how the Dow Jones Industrial Average during October posted its best month in nearly 47 years, Jerome Clark of T. Rowe Price -- a pioneer of target-date investing -- discusses how and why target-date investors have performed by staying the course in market times tempting them into making portfolio changes, and Lin Ho of Zelros covers the site's recent survey on how consumers feel they are being gouged for insurance coverage and how to make sure you're getting the most for your insurance dolar.

Paul Christopher, Head of Global Market Strategy at Wells Fargo Investment Institute, discusses the latest on the markets. He spoke with hosts Bryan Curtis and Rishaad Salamat on "Bloomberg Daybreak Asia."See omnystudio.com/listener for privacy information.

Gary Schlossberg, Global Strategist at Wells Fargo Investment Institute, discusses the latest on the markets. He spoke with hosts Bryan Curtis and Juliette Saly on "Bloomberg Daybreak Asia."See omnystudio.com/listener for privacy information.

Bloomberg Intelligence Senior Transportation Analyst Lee Klaskow discusses FedEx suffering its biggest stock drop since at least 1980 after withdrawing its earnings forecast on worsening business conditions. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Metals & Agriculture Deputy Team Leader Joe Deaux share the details of Joe's Businessweek Magazine story Biggest US Copper Mine Stalled Over Sacred Ground Dispute. Bloomberg News Agriculture Reporter Elizabeth Elkin explains why a La Nina three-peat brings a $1 trillion risk to global economies. And we Drive to the Close with Brian Rehling, Head of Global Fixed Income Strategy at Wells Fargo Investment Institute. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.  See omnystudio.com/listener for privacy information.

Bloomberg Intelligence Senior Transportation Analyst Lee Klaskow discusses FedEx suffering its biggest stock drop since at least 1980 after withdrawing its earnings forecast on worsening business conditions. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Metals & Agriculture Deputy Team Leader Joe Deaux share the details of Joe's Businessweek Magazine story Biggest US Copper Mine Stalled Over Sacred Ground Dispute. Bloomberg News Agriculture Reporter Elizabeth Elkin explains why a La Nina three-peat brings a $1 trillion risk to global economies. And we Drive to the Close with Brian Rehling, Head of Global Fixed Income Strategy at Wells Fargo Investment Institute. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.  See omnystudio.com/listener for privacy information.

The Dow snapping a 5-day winning streak following disappointing retail sales data and a huge profit miss by Target, which was forced to slash prices to eliminate excess inventory. Fmr. Macy's CEO Terry Lundgren discusses whether he thinks the industry's inventory problems will be fixed in time for the holiday shopping season. Fmr. Kansas City Fed President Thomas Hoenig discusses how much the Fed will hike interest rates at its next meeting and if he thinks the central bank could pivot to rate cuts next year. Wells Fargo Investment Institute's Scott Wren believes a pivot is off the table and investors should be fading this recent rally, adding this is the most negative he has been on the market in a while. Manhattan Venture Partners' Rashaun Williams explains why he thinks the ice cold IPO market is about to heat up and lays out the top 5 names on his IPO watch list. And UBS's Lloyd Walmsley on whether Amazon testing a TikTok-like feature could be a game changer.

John Blank, chief economist and chief investment strategist for Zacks Investment Research, says that the limited options facing Federal Reserve chairman Jerome Powell leave the economy in a situation where inflation will be sticky and the market will be more stable but likely more sideways, at least until pricing pressure eases. "The soft landing isn't what's going to happen," Blank says. "The Fed's going to get comfortable with a higher level of prices and rice inflation and just stop because it can't do anything about this." Zach Jonson, chief investment officer at Stack Financial Management, says that the market's technicals are showing that recent gains are more likely a bear market rally rather than the start of a new bull market, largely because there hasn't been much breadth and support to the gains. Until the rally reflects greater participation -- with fewer companies making new lows -- Jonson says the current move up is likely a temporary one. And Tracie McMillion, head of global asset allocation and investment strategy for the Wells Fargo Investment Institute kicks things off talking about how the 60-40 portfolio is alive and well despite an awful start to the year that could hold up and make this one of the worst years ever for that classic balanced approach to investing.

Jack Lifton, Advisor and Physical & Chemical Engineer at One World Lithium, discusses direct lithium extraction for EV production. Bloomberg Oil Markets Reporter Julia Fanzeres reports on the Biden administration's efforts to control rising gas prices by asking Congress to suspend the federal gasoline tax. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Reporter Kim Bhasin break down Kim's Businessweek Magazine story NBA Turns to Africa to Fuel Basketball's Next Era of Growth. And we Drive to the Close with Sameer Samana, Senior Global Market Strategist at Wells Fargo Investment Institute. Hosts: Tim Stenovec and Ed Ludlow. Producer: Paul Brennan.   See omnystudio.com/listener for privacy information.

Jack Lifton, Advisor and Physical & Chemical Engineer at One World Lithium, discusses direct lithium extraction for EV production. Bloomberg Oil Markets Reporter Julia Fanzeres reports on the Biden administration's efforts to control rising gas prices by asking Congress to suspend the federal gasoline tax. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Reporter Kim Bhasin break down Kim's Businessweek Magazine story NBA Turns to Africa to Fuel Basketball's Next Era of Growth. And we Drive to the Close with Sameer Samana, Senior Global Market Strategist at Wells Fargo Investment Institute. Hosts: Tim Stenovec and Ed Ludlow. Producer: Paul Brennan.   See omnystudio.com/listener for privacy information.

The major averages pulled back Wednesday, giving back a chunk of their gains for the week ahead of key inflation data on Friday. Holly Newman Kroft from Neuberger Berman and Scott Wren from Wells Fargo Investment Institute discuss the risks and opportunities of investing in this market. Meantime Campbell Soup added to gains on the year following strong earnings. CEO Mark Clouse breaks down how his company has managed to navigate inflation and supply chain headwinds. And Sara asks Ukraine's president Zelenskyy what his message is for corporate leaders regarding the war with Russia.

Bloomberg News Macro Strategist Cameron Crise recalls major market bottoms over the last seven decades and finds that there hasn't been a major market bottom that's looked quite like the current state of play. Bloomberg News Municipal Finance Reporter Amanda Albright explains that pandemic rescue money has been doled out to the likes of racehorse owners and influencers. Bloomberg Businessweek Editor Joel Weber and Bloomberg Opinion Columnist Justin Fox discuss Justin's Businessweek Magazine story Tighter Labor Market Makes Restaurants More Like Factories. And we Drive to the Close with John LaForge, Head of Real Asset Strategy at Wells Fargo Investment Institute. Hosts: Tim Stenovec and Kriti Gupta. Producer: Paul Brennan.   See omnystudio.com/listener for privacy information.

It was another volatile day of trading with the Dow swinging nearly 600 points. Tech stocks dragging down the Nasdaq. Wells Fargo Investment Institute's Darrell Cronk thinks we may not yet be at a market bottom and says investors should be cautious about any near-term rallies. Deutsche Bank's Peter Hooper and Rosenberg Research's David Rosenberg debate whether a recession is looming on the horizon. Elon Musk says his deal to buy Twitter is "not out of the question", but at a lower price. Wedbush's Dan Ives says there is a more than 50% chance Musk walks away from the deal. RBC Capital markets head of Global Commodity Strategy Helmia Croft warns food and energy prices could continue heading higher if the war in Ukraine drags on. And housing expert Ivy Zelman explains why she sees cracks in the foundation for the red hot housing market.

Bloomberg News Macro Strategist Cameron Crise recalls major market bottoms over the last seven decades and finds that there hasn't been a major market bottom that's looked quite like the current state of play. Bloomberg News Municipal Finance Reporter Amanda Albright explains that pandemic rescue money has been doled out to the likes of racehorse owners and influencers. Bloomberg Businessweek Editor Joel Weber and Bloomberg Opinion Columnist Justin Fox discuss Justin's Businessweek Magazine story Tighter Labor Market Makes Restaurants More Like Factories. And we Drive to the Close with John LaForge, Head of Real Asset Strategy at Wells Fargo Investment Institute. Hosts: Tim Stenovec and Kriti Gupta. Producer: Paul Brennan.   See omnystudio.com/listener for privacy information.

Veronica Willis, Investment Strategy Analyst at Wells Fargo Investment Institute, discusses investing, markets, and inflation in 2022. Robert Teeter, Head of Investment Policy & Strategy Group at Silvercrest Asset Management, discusses markets, the economy, and investing amid inflation. Kim Rivers, CEO at Trulieve, discusses the state of the cannabis industry in the United States. Ed Ludlow, Bloomberg News West Coast correspondent, discusses Rivian keeping its sales goal in place despite supply and production concerns. Hosted by Paul Sweeney and Matt Miller. See omnystudio.com/listener for privacy information.

Sameer Samana, senior global market strategist at the Wells Fargo Investment Institute, says that the stock market has been seeing its various drivers falter since last year, starting with uptrends turning to downtrends in developed markets like Europe, then in emerging markets, then small- and mid-cap stocks, and now domestic large-cap stocks. With less than half of the market sectors showing positive trends now, Samana says "This is not a time to be playing offense, this is a much better time to be playing defense." In The Big Interview, Dhaval Joshi, chief strategist at BCA Research, talks about inflation and how he believes the drivers for it have peaked, which should mean it begins easing significantly, even if that doesn't show up in the measures for a while. And in the Market Call, George Young of the Villere Funds talks about long-term investment strategies with small-company stocks.

Lamborghini CEO Stephan Winkelmann discusses the global auto market and consumers waiting up to a year for new luxury cars. Bloomberg News Deals Team Leader Liana Baker explains how an Elon Musk Twitter takeover could work. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Finance Reporter Noah Buhayar share the details of of Noah's Businessweek Magazine story SPAC Trades May Have Made 888% Profit. Some Face SEC Scrutiny. And we Drive to the Close with Veronica Willis, Investment Strategy Analyst at Wells Fargo Investment Institute. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Lamborghini CEO Stephan Winkelmann discusses the global auto market and consumers waiting up to a year for new luxury cars. Bloomberg News Deals Team Leader Liana Baker explains how an Elon Musk Twitter takeover could work. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Finance Reporter Noah Buhayar share the details of of Noah's Businessweek Magazine story SPAC Trades May Have Made 888% Profit. Some Face SEC Scrutiny. And we Drive to the Close with Veronica Willis, Investment Strategy Analyst at Wells Fargo Investment Institute. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

Tracie McMillion, CFA, is Head of Global Asset Allocation Strategy at Wells Fargo Investment Institute, a subsidiary of Wells Fargo & Company.  We talk with Tracie about global asset allocation and historical lessons, how portfolios are impacted by inflation, geopolitical risks and exogenous shocks, and her latest findings on women and investing.   Tracie McMillion is focused on delivering the highest quality investment expertise and advice to help investors manage risk and succeed financially. Wells Fargo Investment Institute serves Wealth and Investment Management, a division of Wells Fargo & Company, and is comprised of Wells Fargo Private Bank and Wells Fargo Advisors businesses. In her current role, Ms. McMillion leads a team that develops capital market assumptions and asset allocation recommendations. She also writes market commentary and analysis. She is frequently quoted in the national media, including The Wall Street Journal, Reuters, Bloomberg Television, and CNBC. Prior to her current role, she served as an asset allocation strategist and a senior investment research analyst for Wells Fargo and predecessor firms. Earlier in her career, she managed assets for high-net-worth clients and philanthropic organizations. Tracie earned a Bachelor of Arts in Economics and a Master of Business Administration from the College of William and Mary in Virginia. She is a CFA® charterholder and member of the CFA Society North Carolina. Ms. McMillion is located in Winston-Salem, North Carolina. VIEW ADDITIONAL RESOURCES

The United States and Europe are gearing up to drop a blanket of sanctions on Russia, which sent troops into the rebel-held areas of Ukraine. Germany has already suspended certification of the Nord Stream 2 gas pipeline. We spoke with BBC international correspondent Theo Leggett to get a clearer picture of these developments. Scott Wren of the Wells Fargo Investment Institute discusses what the effect of Russia’s actions could have on the markets.

The United States and Europe are gearing up to drop a blanket of sanctions on Russia, which sent troops into the rebel-held areas of Ukraine. Germany has already suspended certification of the Nord Stream 2 gas pipeline. We spoke with BBC international correspondent Theo Leggett to get a clearer picture of these developments. Scott Wren of the Wells Fargo Investment Institute discusses what the effect of Russia’s actions could have on the markets.

Could Bitcoin really be worth more than $5 million per coin if everyone in the world clearly understood exactly what it is? Absolutely according to Crypto value investor Mike Alfred. "If everyone already understood Bitcoin it would cost at least $5,000,000 to buy one. Be thankful." Wells Fargo Investment Institute, the research division of Wells Fargo Wealth and Investment Management, has released a report highlighting the potential of cryptocurrencies as an investment opportunity akin to the early days of the internet. “If this trend continues, cryptocurrencies could soon exit the early adoption phase and enter an inflection point of hyper-adoption, similar to other technologies,” said the report. "There is a point where adoption rates begin to rise and do not look back [...] Precise numbers aside, there is no doubt that global cryptocurrency adoption is rising, and could soon hit a hyper-inflection point.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Bloomberg News Senior Hedge Fund Reporter Nishant Kumar shares his Big Take story An Army of Faceless Suits Is Taking Over the $4 Trillion Hedge Fund World. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Health Care Reporter Angelica Peebles explain why pharmacy workers are the pandemic's invisible victims. Bloomberg News Entertainment Reporter Lucas Shaw reports on Spotify outlining steps it will take to halt the spread of misleading information about Covid-19 on its audio-streaming service. And we Drive to the Close with Tracie McMillion, Head of Global Asset Allocation Strategy at Wells Fargo Investment Institute. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Bloomberg News Senior Hedge Fund Reporter Nishant Kumar shares his Big Take story An Army of Faceless Suits Is Taking Over the $4 Trillion Hedge Fund World. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Health Care Reporter Angelica Peebles explain why pharmacy workers are the pandemic's invisible victims. Bloomberg News Entertainment Reporter Lucas Shaw reports on Spotify outlining steps it will take to halt the spread of misleading information about Covid-19 on its audio-streaming service. And we Drive to the Close with Tracie McMillion, Head of Global Asset Allocation Strategy at Wells Fargo Investment Institute. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

RC Peck, CIO at Fearless Wealth, discusses investing in equities and stock picks. The Duckhorn Portfolio CEO Alex Ryan recaps how the luxury wine seller has managed supply chain challenges and pricing pressures. Paul Christopher, Head of Global Market Strategy at Wells Fargo Investment Institute, shares his outlook for the markets and Fed policy in 2022. Ancora Advisors Managing Director & Portfolio Manager David Sowerby talks about how many high expectation stocks have fallen off their 52 week highs. Hosts: Tim Stenovec, Kriti Gupta and Romaine Bostick. Producer: Paul Brennan. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

RC Peck, CIO at Fearless Wealth, discusses investing in equities and stock picks. The Duckhorn Portfolio CEO Alex Ryan recaps how the luxury wine seller has managed supply chain challenges and pricing pressures. Paul Christopher, Head of Global Market Strategy at Wells Fargo Investment Institute, shares his outlook for the markets and Fed policy in 2022. Ancora Advisors Managing Director & Portfolio Manager David Sowerby talks about how many high expectation stocks have fallen off their 52 week highs. Hosts: Tim Stenovec, Kriti Gupta and Romaine Bostick. Producer: Paul Brennan. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Ben Slavin, Global Head of ETFs, Asset Servicing at BNY Mellon, discusses the latest on the Bitcoin ETF. Katherine Doherty, High Yield, Distressed Debt, and Bankruptcy Reporter for Bloomberg News talks about her story "Wall Street Is Amassing a Crypto Army and Paying Up for Recruits." Laura Davison, Congressional Tax Reporter for Bloomberg News, discusses the latest on President Biden's economic plan. Veronica Willis, Investment Strategy Analyst for Wells Fargo Investment Institute, gives her outlook on the markets. Hosted by Paul Sweeney and Matt Miller. See omnystudio.com/listener for privacy information.

John Wu, President of Ava Labs, discusses China's cryptocurrency crackdown. Josh Duitz, Portfolio Manager of the Aberdeen Standard Global Infrastructure Income Fund (ASGI) at Aberdeen Standard Investments, talks about investing implications of the infrastructure bill. Tracie McMillion, Head of Global Asset Allocation Strategy for Wells Fargo Investment Institute, discusses their globalization report. David Harden, CIO of Summit Global Investors, talks markets. Hosted by Paul Sweeney and Matt Miller. See omnystudio.com/listener for privacy information.

Paul Christopher, head of global market strategy at the Wells Fargo Investment Institute, says that the economic recovery pace in the United States is ahead of most foreign countries and is likely to stay that way for a year or more, but his long-term thinking suggests that changing globalization will use more robotics and artificial intelligence and more to localize production and make it that different countries move through cycles on their own pace, rather than as part of a large group. Also on the show, Francisco Bido of F/m Acceleration discusses in the Market Call how using a quantitative approach mixed with some fundamentals can find stocks poised for solid future growth, Francesca Ortegren from Clever Real Estate covers their latest survey showing an alarmingly large percentage of Americans have taken on or added to their credit card debt since the start of the pandemic, and Chuck answers a listener's question about some famous funds whose best days may be in the past.

Andrew Chanin, CEO of ProcureAM, discusses space investing after the Blue Origin flight, and the Procure Space ETF (UFO). Paul Christopher, Head of Global Market Strategy for the Wells Fargo Investment Institute, discusses markets, and how long growth has to run. Adam Johnson, author of Bullseye Brief, discusses earnings, and opportunities in equities. Sam Fazeli, Bloomberg Intelligence Senior Pharmaceutical Analyst, discusses the highly transmissible delta variant and the potential for a new Covid vaccine. Hosted by Matt Miller and Paul Sweeney. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Paul Christopher, Head of Global Market Strategy for Wells Fargo Investment Institute (WFII), covers with co-hosts Jeffrey Sherman and Samuel Lau his macro outlook for growth and inflation, the case for cyclicals, small caps and value in the U.S. stock ... Read More

Scott Wren, senior global market strategist at the Wells Fargo Investment Institute says that the big question dogging the market right now is whether the recent spike in inflation is transitory or longer lasting. He sees inflation staying high for most of the rest of 2021 before normalizing, meaning that the market's growth in 2022 is not likely to be curtailed by rising prices. Also on the show, Brian Gahsman of the AlphaCentric Robotics and Automation Fund talks stocks in the Market Call, and Chuck discusses this week's column, where he gives you three reasons for optimism and three more for pessimism given current market conditions.

Jim Loree, Chief Executive Officer at Stanley Black & Decker, discusses earnings and post-pandemic outlook for the company. Chief Equity Market Strategist and Head of Client Portfolio Management at Federated Hermes, Phil Orlando, talks the latest on earnings season. Entertainment & Deals Columnist for Bloomberg Opinion, Tara Lachapelle, discusses her latest column "Netflix's First Big Buy Should Be Discovery." Scott Wren, Senior Global Market Strategist for Wells Fargo Investment Institute, gives his current investment strategy and the latest on markets. Hosted by Paul Sweeney and Matt Miller.

Tracie McMillion, head of global asset allocation strategy for the Wells Fargo Investment Institute, says that investors preparing for a post-pandemic stock market and economy will want to broaden their exposure to different equity asset classes and sectors, will need to be picky about fixed-income investments, but will also want to build up their holdings in commodities and add alternative asset classes and hedging strategies in order to ride out a world that is clearly rotating to new and different economic drivers. Also on the show, Phil Korenman, head of individual investors for T. Rowe Price, discusses the extra footnote the firm has put onto big one-year returns numbers telling investors just how unique the last 12 months have been, David Trainer of New Constructs puts another mem stock and retailer into the Danger Zone, and Eric Marshall of the Hodges Funds talks stocks in the Market Call.

It’s a big day for the Fed, as the market throws a ‘taper tantrum’ ahead of today’s FOMC decision. No rate hike is expected, but will Chair Powell have to walk a tightrope as the bond market screams “inflation”? We’ll debate. Plus, Baird just named Amazon a “fresh pick,” saying it could soar up to $5,000 per share soon. We’ll talk to the analyst who made the call. And, Wells Fargo Investment Institute just released a report on how extreme swings in the market could lead to behavior biases for investors. We’ll explore why.

Sameer Samana, senior global market strategist for the Wells Fargo Investment Institute, says that the technical outlook for the market is good, and likely to stay that way with low rates and a long upward equity trend. He noted that investors are being selective right now, looking for the biggest returns in areas that can stand out from the pack in current times, which is why gold has suffered in recent weeks despite conditions that should be positive for precious metals. Also on the show, legendary fund manager Paul Wick returns to discuss his closed-end fund -- Columbia Seligman Premium Technology Growth -- and whether investors should use that fund as a way to get his acumen on sale, Colin Dunn of the Cambiar SMID fund talks the atmosphere for small- and mid-cap investments now, and David Harden of Summit Global Investments covers low-volatility investing in a high-volatility market in the Market Call.

My guests for today's podcast are Troy Dixon, Founder and CIO of Hollis Park Partners, a $750mn+ independent alternative asset manager that specializes in structured products and Greg Maddox, Head of Global Manager Research at Wells Fargo Investment Institute. I took a different approach for this podcast by asking my two guests to follow along with role playing the following scenario:  Let's pretend that the three of us have recently started the “Emerging Manager Impact Fund” (EMIF), a new $1 billion fund focused on investing in top emerging and diverse managers.  We are being seeded by Priscilla Chan Zuckerberg and Oprah Winfrey with the dual purpose of delivering best in class risk adjusted returns while making an impact by investing in emerging and diverse managers.  (Note to audience, repeat - this is a role play so please don't call us to ask for money!) Given Troy's and Greg's wealth of experience and juxtaposition of perspective: retail vs. institutional, sell side vs. buy side, investment bank vs. independent emerging manager, portfolio manager vs. allocator, having designed an emerging and diverse program vs having won mandates from emerging and diverse programs – I found this conversation especially insightful for all players in the investment game. Without further ado, please enjoy my conversation with Troy and Greg.

Scott Wren, senior global market strategist at the Wells Fargo Investment Institute, says we are 'in the early part of a new cycle' that is going to include a pretty good bounce in economic growth next year and that should lead to reasonably good returns even as the economy and stock market come back into sync. He's expecting large-cap stocks to deliver 8 to 10 percent in the new year, which he termed as 'not wildly optimistic, but optimistic.' Also on the show, an extended Market Call that's all about investing in Fidelity funds featuring John Bonnanzio, editor of the Fidelity Monitor and Insight newsletter, and Left Brain Thinking, where Brian Dress, research director at Left Brain Investment Research, discusses why MercadoLibre -- a stock that's up 200 percent this year -- still has room to grow impressively in 2021 and beyond.

Paul Christopher, head of global market strategy for the Wells Fargo Investment Institute, says that the stock market may be waiting until after a Democratic vice presidential candidate is named before starting to factor current polls into current prices, but he cautioned that even as the market starts to reconnect to the potential voting outcome, investors should be waiting until they see more from candidates before altering portfolios. Instead, he suggests waiting until you know more about taxes, infrastructure spending plans, health care reform and more before altering a portfolio, noting that the likely changes will involve adding to health care and infrastructure plays while backing away from energy and financials. Also on the show, Tom Roseen of Lipper Refinitiv talks about the closed-end fund resurgence since the dismal showing they posted during the February downturn, Giulia Prati of Opinium discusses changing consumer shopping habits and how the impact of the pandemic may liner long after a vaccine is found, and John Johnson of Edgeworth Economics discusses how the pandemic has impacted the numbers used in forecasting and how that is changing the numbers that economists rely on and that consumers should believe.

Tracie McMillion of the Wells Fargo Investment Institute discusses the firm's most-recent  investor-optimism survey, which saw seven years of gains and positive outlooks wiped out in the last calendar quarter. She discusses what happened and why investors are so much more pessimistic now despite the market's rebound from March lows. Also on the show, author Christian Busch discusses 'The Serendipity Mindset' and how to create good luck, Kyle Guske of New Constructs puts MongoDB in the Danger Zone, and Will Rhind of GraniteShares discusses stocks that he'd 'XOUT' of a portfolio in the Market Call.

Scott Wren, senior global market strategist at the Wells Fargo Investment Institute, says that he expects the Standard and Poor's 500 to be between 3,400 and 3,600 by the end of 2021, meaning that the market will be volatile without a lot of upside as it heads back toward a fully functioning economy. Wren noted that economic data has been better than expected, which has helped the market and investors avoid the worst of worst-case outcomes. Also on the show, author Scott McLean discusses the importance of getting your personal team of financial advisers to work together and the cost of having planners, tax preparers and others who are not on the same page, and Patrick Healey of Caliber Financial Partners discusses the barbell investment strategy he uses for stock portfolios in the Market Call.

"Banker to the World" Bill Rhodes, President and CEO of William Rhodes Global Advisors, on why G20 needs to come together to recover the global economy. Everett Millman, Precious Metals Specialist at Gainesville Coins, on impact of the coronavirus on gold and other precious metals. Sameer Samana, Senior Global Market Strategist at Wells Fargo Investment Institute, on markets and the bottoming-out process. George Ferguson, Senior Aerospace, Defense & Airlines Analyst for Bloomberg Intelligence, on what Delta's cash burn signals for other airlines.

Ayham Kamel, Practice Head, Middle East & North Africa at Eurasia Group, on Iran and oil markets. Scott Wren, Senior Global Market Strategist, Wells Fargo Investment Institute, on markets and geopolitical risks. Justin Fox, Bloomberg Opinion columnist, discusses his column: "Lots of American Teens Are Still Shunning Cars." Chris Lu, Former Deputy Secretary of Labor and Senior Fellow at the University of Virginia Miller Center, discusses Trump's impeachment and the Iran conflict. Hosted by Lisa Abramowicz and Paul Sweeney. Samara Lenga

Scott Wren, senior global market strategist at the Wells Fargo Investment Institute, said that the Standard and Poor's 500 closed 2019 so strongly that it nearly eclipsed his firm's forecast for where it would be in 2020, squarely in the middle of the 3,200 to 3,300 forecast range. Wren warned that the investment consensus is more optimistic than he and Wells Fargo are, but is expectation is for a relatively flat year with some heightened volatility as the market sorts out pressures from interest rates, politics and more. Also ont he show, Tom Lydon of ETFTrends.com makes a big, classic index fund his 'ETF of the Week," Chuck throws dirt on some funds that died in 2019, and we revisit a recent chat with David Kotok of Cumberland Advisors.

Scott Wren, senior global equity strategist at the Wells Fargo Investment Institute, said that with large-cap stocks near fair value, he doesn't think there is much room for stocks to run over the rest of the year, though he does think they will finish the 2019 up from current levels. With that in mind, Wren suggested that investor play the range-bound market, buying when the Standard and Poor's 500 goes below 2,800 and looking to take profits when the market again reaches new highs and maintains 3,000. Also on the show, Collective Wisdom from HighTower Advisors, Todd Grossman of TalkWalker USA discusses social media marketing campaigns, and Dan Brady of TrendRating.com talks stocks in the Market Call.

Nabila Ahmed, Bloomberg Deals reporter, and Jennifer Rie, Senior Litigation analyst for Bloomberg Intelligence, discuss T-Mobile winning approval to acquire Sprint. Donny White, CEO and Founder of Satisfi Labs, on how AI is being used in stadiums and on Broadway. Scott Wren, Senior Global Equity Strategist for Wells Fargo Investment Institute, on why it’s a "show-me" market going forward. Carl Riccadonna, Chief U.S. Economist for Bloomberg Economics, on the consumer's strong showing in the economy. 

Tracie McMillion, head of global investment strategy for the Wells Fargo Investment Institute, said her firm remains neutral on stocks overall -- but favorable on emerging markets and domestic mid-caps -- due to heightened risk factors, but she noted that with no recession on the horizon for the rest of the year, investors should be looking to buy on dips and take advantage of opportunities created by market uncertainty in a time when a big, long-lasting downturn seems unlikely. Also on the show, Amanda Dixon of Bankrate.com discusses Americans' side-gig habits, Chuck takes another question on insurance plans for retirement savings, and Charlie Bobrinskoy, vice chairman of the Ariel Funds, talks stocks in the Market Call.

Devon Pendleton Bloomberg News Wealth Reporter, and Katya Kazakina, Bloomberg News Art Reporter, discuss telecom titan Patrick Drahi buying Sotheby’s for $2.7 billion, taking it private after more than three decades as a public company, and placing the world’s two leading auction houses under the control of French billionaires. Matt Lloyd, Chief Investment Strategist at AAM, Advisors Asset Management, previews the upcoming Federal Reserve rate decision and how important tone will be from Chairman Jay Powell. Andy Browne, Bloomberg New Economy Editorial Director, explains the role Hong Kong’s business leaders played in the suspension of China’s proposed extradition law. Bloomberg Businessweek Editor Joel Weber and Businessweek Freelance Reporter Tim McDonnell talk about satellite-imaging software that is being used to identify unlicensed mining sites. And we Drive to the Close with Paul Christopher, Head of Global Market Strategy at Wells Fargo Investment Institute.  Hosts: Carol Massar and Jason Kelly.  Producer: Paul Brennan 

Devon Pendleton Bloomberg News Wealth Reporter, and Katya Kazakina, Bloomberg News Art Reporter, discuss telecom titan Patrick Drahi buying Sotheby's for $2.7 billion, taking it private after more than three decades as a public company, and placing the world's two leading auction houses under the control of French billionaires. Matt Lloyd, Chief Investment Strategist at AAM, Advisors Asset Management, previews the upcoming Federal Reserve rate decision and how important tone will be from Chairman Jay Powell. Andy Browne, Bloomberg New Economy Editorial Director, explains the role Hong Kong's business leaders played in the suspension of China's proposed extradition law. Bloomberg Businessweek Editor Joel Weber and Businessweek Freelance Reporter Tim McDonnell talk about satellite-imaging software that is being used to identify unlicensed mining sites. And we Drive to the Close with Paul Christopher, Head of Global Market Strategy at Wells Fargo Investment Institute.  Hosts: Carol Massar and Jason Kelly.  Producer: Paul Brennan  Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Shira Ovide, technology columnist for Bloomberg Opinion, discusses how chipmakers are trapped in the US-China crossfire.Chris Lu, Former Deputy Secretary of Labor and Senior Fellow at the University of Virginia Miller Center, discusses the June jobs report, and Trump’s proposal to combine Labor and Education. Drew Armstrong, health care reporter for Bloomberg, on Biogen seeing positive results in its Alzheimer’s trial.Scott Wren, senior global equity strategist for Wells Fargo Investment Institute, on markets, jobs, and the Fed.

Tom Hayes, CEO of Tyson Foods, on business outlook and shift towards prepared and snack foods, the company’s new vegan line, and commitment to transparency and sustainability.Michael Gorenstein, CEO of Cronos Group (NSDQ: CRON), the first cannabis company to list publicly in the US, on their IPO and outlook for medical marijuana in the US and abroad.Leland Miller, CEO of China Beige Book International, on China's lackluster PMI, and Mnuchin revisiting TPP. Scott Wren, senior global equity strategist for Wells Fargo Investment Institute, on balancing risk and reward in a portfolio, market volatility, the economy, and markets.

Pimm Fox and Lisa Abramowicz talk to Paul Christopher, the head global market strategist for Wells Fargo Investment Institute, about how markets are anticipating Donald Trump's administration. Then, Shira Ovide, a Bloomberg Gadfly columnist, discusses why Apple is losing its crown as a technology trendsetter. Also, Kartikay Mehrotra, a legal reporter for Bloomberg, talks about the news that Dodge truck owners are suing Fiat Chrysler for emissions cheating. Finally, Carl Riccadonna, the chief U.S. economist for Bloomberg Intelligence, says that if the Fed wants to remain politically independent, Janet Yellen will say that she will stay as Fed Chair after her term expires in 2018.

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Scott Wren, Senior Global Equity Strategist at Wells Fargo Investment Institute, on the markets, the weak jobs report, and what it means for the Fed.