Podcasts about Wells Fargo

Elon Musk returns for unexpected second sit-down with our David Faber. The wide-ranging interview touches on xAI, securing power for AI, the battle for chips supremacy and more.  We have instant takeaways with Walter Isaacson, author of Elon Musk, for a deeper look at the man behind the headlines then Roth Capital's Craig Irwin breaks down the stock implications for Tesla and the EV space. Plus, market sentiment check with Wells Fargo's Scott Wren and Payne Capital's Courtney Garcia and Zimmer Biomet CEO Ivan Tornos from the CNBC CEO Summit.

Keith discusses the mortgage landscape, emphasizing the benefits of cash-out refinances with Ridge Lending Group President, Caeli Ridge. They unpack the Trump administration's plan to privatize Fannie Mae and Freddie Mac, which could impact the mortgage market. Investors are discovering powerful strategies to leverage property equity and optimize their financial portfolios. By understanding innovative borrowing techniques, savvy real estate investors can access tax-efficient capital and create sustainable wealth-building opportunities. Consider working with a lender that specializes in investor-focused loan products and provides comprehensive education on the options available.  Resources: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Show Notes: GetRichEducation.com/554 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Automatically Transcribed With Otter.ai    Keith Weinhold  0:01   Welcome to GRE. I'm your host. Keith Weinhold, we're talking about the mortgage loan landscape in this era. Is title insurance a rip off today? Is it worth it for you to pay discount points at the closing table to get a lower interest rate? Learn about how a cash out refinance. Is your ability to borrow tax free, much like a billionaire does, and what are the dramatic changes that the current administration could take to alter the mortgage environment for years, all today on get rich education.    Speaker 1  0:34   Since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors, who delivers a new show every week since 2014 there's been millions of listener downloads of 188 world nations. He has a list show guests include top selling personal finance author Robert Kiyosaki, get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast or visit get rich education.com   Corey Coates  1:20   You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold  1:36   Welcome to GRE from Liverpool, England to Livermore, California and across 188 nations worldwide. I'm Keith Weinhold, and you are listening to get rich education, the voice of real estate. Since 2014 it's been estimated that there are about 800 billionaires in USA, and hey, you might be one of them, but there's a pretty good chance that you aren't well. When it comes to lending and mortgages, you can actually take a page out of a billionaires playbook and do something very much like what they do whenever you perform a cash out refinance if you've got dead equity in a property, and you can borrow against your own home to a greater extent than you can against your rental properties, even either one of those is a tax free event, you've now got tax free cash, and you can use that money on anything from investing it in the stock market To using your proceeds for a down payment on more real estate or buying a boat or going to Disneyland, and you didn't have to relinquish your asset at all. You continue to hold on to the asset. Now, the mechanics are somewhat different, sure, but when you do a cash out refinance like this, it's a bit like billionaires borrowing against their stock. Instead, you're borrowing against the value of your real estate. In fact, listening to this short clip, it's Trevor Noah talking about how billionaires do exactly this, and you'll notice that the crowd laughs because it actually sounds funny that you can really do this,    Speaker 2  3:22   the shares that they hold in a company, because it is an unrealized gain, right? So they go like, yeah, you're worth 300 billion, but we can't tax you on those stocks because you haven't sold the shares, so you don't, like, have the money. And I understand the argument. They go like, No, you don't have it. It's just what it's worth, because it will also crash, and then you have nothing, so we can't tax you on it. Then I'm like, Okay, I understand that. Then Elon Musk offers to buy Twitter, all right? He offers to buy it. And then he says in his offer, he goes, I'm putting up my Tesla stock as collateral. Then I'm like, so you do have it? Then he's like, no, no, no, no, I don't have it. I don't have it. I'm just gonna say so then they accept the offer. He now buys Twitter. Now that they've accepted his offer, he now goes to private equity and banks and like other rich people and whatever. He goes like, can you guys borrow me the money to buy Twitter? And then he's like, I'm I want to buy Twitter because I don't want to sell any of my Tesla shares, so I want to use your money to buy Twitter. And then it's like, but then they're like, What are we loaning it against? And he's like, Well, my Tesla shares. Then I'm going, like, Wait, so, so you, you can, you can buy a thing based on what you have, yes, but when we want to tax you, you can say, I don't have it. Do you hear what I'm saying here?   Keith Weinhold  4:46   Yeah, you can borrow against your real estate if you have substantial equity in it. We'll talk about just how much now billionaires borrow against their stock holdings using financial products like portfolio lines of credit or. For securities based loans. These are the names for how they do it, essentially taking out loans and using their stock as collateral. And this allows them to access cash without selling their assets and without incurring capital gains taxes, much like you can so you can say that you don't want to sell your property in you don't have to go through some capital raising round either, like a billionaire might have to when they're borrowing against their stock. You can just have a more standard mortgage application for your cash out refinance, and you don't even have to have a huge portfolio. I mean, even if you just own one 500k property with 50% equity in it, you can do this so it's available to most any credit worthy person, again, tax free. But of course, this doesn't mean that you always should take this windfall, because it often creates a higher monthly payment. You've got to be the one that makes that decision in controlling your cash flows, that is key. I'll talk about that some more with today's terrific guests. Also the Trump administration's desire to privatize Fannie Mae and Freddie Mac we're going to talk about that and what that would do to the mortgage landscape. I am in the USA today, next week, I'll be bringing you the show from London, England for the first time, the following week, from Edinburgh, Scotland. Yes, the mobile GRE Studio will be in effect. I typically set it up myself, and I usually don't need the help of the hotel staff for an appropriate Sound Studio either. And then shortly after that, I will be in Anchorage, Alaska, where I'm competing in these fantastic mountain running races. And then by next month, that's where I hope to meet up with you in person for nine days of learning and fun, as I'll be in Miami as part of the faculty for the terrific real estate guys invest or summon at sea, where we're all going to disembark from Miami and go to St Thomas, St Martin and the Bahamas, and then after that great event, it is a long flight from Miami back to Anchorage again. And that's got to be one of the longer domestic flights, not just in the nation, but in the world, Miami to Anchorage, and then shortly after that, I will be in the Great Northeast early this summer, New York and Pennsylvania, including for my high school reunion. So I'll really be putting the miles on these next couple months. One interesting thing that I've noticed for next week's show, where I'll be joining you from London, is how much I'm paying per night at both my hotel in England and then later my hotel in Scotland. That's obviously a short term real estate transaction. These are some of the more expensive places in the world, really. So next week and then the week after, I just think you'll find it interesting. I'll tell you how much I'm spending per night in both London and then Edinburgh. And they're both prime locations, where the hotels are the center of London and then right on Edinburgh's Royal Mile. That is in future weeks as for today, let's talk about the mortgage landscape with this week's familiar and terrific guest.   I'd like to welcome in one of the more recurrent guests in our history, so she needs little introduction. She's the longtime president of the mortgage company that's created more financial freedom for real estate investors than any lender in the nation because they specialize in income property loans. It's where I get my own loans for my own rental properties. Ridge lending group. Hey, welcome back to GRE Caeli ridge.    Caeli Ridge  8:57   Thank you, Keith. You know I love being here with you and your listeners. I appreciate you having me.   Keith Weinhold  9:01   You've helped us for so long. For example, who can forget way back in episode 56 Yeah, that's a deep scroll back when Chaley broke down each line of a good faith estimate for us, that's basically a closing statement sheet. She told us exactly what we pay for at the closing table, line by line like origination fee, recording costs and title insurance so helpful. It's just the sort of transparency that you get over there. Buyers pay for title insurance at the closing table. It is title insurance a rip off. A few years ago, a lot of people speculated that title insurance would fade away because the property's ownership could be transparent and accessible to everybody on the blockchain, but we don't really see that happening. So tell us about title insurance, and really, are we getting value in what we pay for there at the closing table?   Caeli Ridge  9:54   Well, I think the first thing I would say is that it really isn't going to be an option as far as I. Know, as long as the individual is going to source institutional funding leverage use of other people's money, they're going to require the lender, aka Ridge lending, or whoever you're working with, they're going to require that title insurance that ensures their first lien position. Doing that title search, first and foremost, is going to make it clear that there isn't some cloud on title, that there isn't some mechanic lien that had been sitting out there for however many years it may have just been around. And those types of things never go away. So for a lending perspective, it's going to be real important that that title insurance is paid for and in place to protect their interests, things like judgments, tax liens, like I said, a mechanic's lien, those will automatically take a first lien position in front of a mortgage. So obviously we're not going to risk that and find ourselves in second lien position in the event of default and somebody else is getting paid before we are. So not really an option. Is it a rip off? I don't know enough about how often it's paid out, and not to speak to that, but I will tell you that it isn't a choice.   Keith Weinhold  11:07   Title Insurance, like Shaylee was talking about. It protects against fraud related to the property's ownership, someone else claiming rights to the property, and this title search that an insurer does it also, yeah, it looks for those liens and encumbrances, including unpaid taxes, maybe unpaid HOA dues, but yeah, mortgage lenders typically require title insurance, and if you the borrower, you might think that's annoying. Well, it does make sense, because the bank needs to protect their collateral. If a bank ever has to foreclose, they need to have access to you, the borrower, to be able to do that without any liens or ownership claims from somebody else. Caeli, how often do title insurance companies mess up or have to pay out a claim? Does that ever happen?   Caeli Ridge  11:50   I mean, if I have been involved in a circumstances where that was the case, it's been so many years ago, they're pretty fastidious. I don't know that I could recall a circumstance where something had happened and the title insurance was liable. They go through the paces, man, they've got to make sure that, and they're doing deep dives and searches across nationwide to make sure that there isn't any unnecessary issue that's been placed on title Not that I'm aware of. No.    Keith Weinhold  11:50   Are there any of those other items that we tend to see on a good faith estimate that have had any interesting trends or changes to them in the past few years?    Caeli Ridge  12:27   Yeah, I've got a good one, and this is actually timely credit reports. So over the last couple of years, something has been happening with credit reports where, you know, maybe three, four years ago, a credit report, let's say a joint credit report, a husband and wife went and applied that credit report might cost 25 bucks. Well, now it's in excess of 100 plus. Some of what we're going to be talking about today, it kind of gets into the wish list of Jim neighbors, who is the president of the mortgage brokers Association. He's been talking to the administration about some of his wishes, and credit report fees is actually one of the things that they're wanting to attack and bringing those costs down for the consumer. So when we look at a standard Closing Disclosure today, credit report costs have increased significantly. I don't have the percentages, but by a large margin over the last couple of years,    Keith Weinhold  13:21   typically not one of your bigger costs, but a little noteworthy. There one thing that people might opt and choose to have on their good faith estimates, so that borrower therefore would actually pay more out of pocket with today's higher mortgage rates. And I'm sure not to say high, because historically, they are not high. Do we see more people opting to pay discount points at the closing table to get a lower rate and talk to us about the trade offs there   Caeli Ridge  13:46   right now, first and foremost, that there isn't a lot of option for investment property transactions, whether it be a purchase or refinance. There's not going to be that option where the consumer gets to choose to say, Okay, I want to pay points for a lower rate or not pay points for a higher rate the not paying points is the key here. There isn't going to be a zero point option for investment property transactions. And this gets a little bit convoluted, and then I'll circle back and answer the question of, when does it make sense to pay the points, more points versus less points? We have been in a higher rate environment that I think a lot of people have become accustomed to as a result secondary markets, where mortgage backed securities are bought and sold, they keep very close tabs on the trends and where they think things are headed. Well, something called YSP, that stands for yield, spread, premium, under normal market circumstances, a consumer can say, okay, Caeli, I don't want to pay any points. Okay, I'll take this higher interest rate, and I don't want to pay any points, because that higher interest rate is going to have YSP, yield, spread, premium to pay compensation to a lender, and you know, the other third parties that may be involved in that mortgage backed security. But. Sold and traded, etc, okay? They have that choice under normal market circumstances. Not the case right now, because when this loan sells the servicing rights, whoever is going to pick up the servicing rights, so when Mr. Jones goes to make his mortgage payment, he's going to cut a check to Mr. Cooper. That's a big one, right? Or Rocket Mortgage, or Wells Fargo, whoever the servicer is, the servicing rights are purchased at a cost. They have to pay for the servicing rights, and let's say that's 1% of this bundle of mortgage backed securities that they're purchasing. Well, they know the math is, is that that servicer is going to take about 36 months before that upfront cost is now in the black or profitable. This all will land together. Everybody, I promise you stick with me, so knowing that we've got about a 36 month window before a servicer that picked up the rights to service this mortgage is going to be profitable in a higher rate environment, as interest rates start coming down, what happens to the mortgage that they paid for the rights to service 12 months ago, 18 months ago, that thing is probably going to refinance right prior to the 36 month anniversary of profitability. So that YSP seesaw there is not going to be available for especially a non owner occupied transaction. So said another way, zero point rates are not going to be valid on a non owner occupied transaction in a higher rate environment when secondary markets understand that the loans that are secured today will very likely be refinanced prior to profitability on the servicing side of that mortgage backed security that is a risk to the lender, yes. So we know that right now you're not going to find a zero point option. Now that may be kind of a blanket statement. If you were getting a 30% loan to value owner occupied mortgage with 800 credit scores, you know that's going to be a different animal. And of course, you're going to have the option to not pay points. The risk for that is nothing. Okay, y SP is going to be available for you, the consumer, to be able to choose points at a lower rate, no points higher rate. When does it make sense to pay additional points? Let's say to reduce an interest rate, the break even math. And you know, I'm always talking about the math, the break even math is actually the formula is very simple. All you need to do is figure out the cost of the points. Dollar amount of the points, let's say it's $1,000 and that's what it's going to cost you to, say, get an eighth or a quarter or whatever the denomination is, in the interest rate reduction. But you aren't worried about the interest rate necessarily. You're looking at the monthly payment difference. So it's going to cost you $1,000 in extra points, but it's only going to save you $30 a month in payment when you divide those two numbers, what's that going to take you 33 months? 30 well, okay, and does that make sense? Am I going to refinance in 33 months? If the answer is no, then sure pay the extra 1000 bucks. But that's the math, the cost versus the monthly payment difference divide that that gives you the number of months it takes to recapture cost versus cash flow or savings, and then you be the determining factor on when that makes sense.    Keith Weinhold  18:10   It's pretty simple math. Of course, you can also factor in some inflation over time, and if you would invest that $1,000 in a different vehicle, what pace would that grow at as well? So we've been talking about the pros and cons of buying down your mortgage rate with discount points before we get into the administration changes. Cheley talk about that math in is it worth it to refinance or not? It's a difficult decision for some people to refinance today with higher mortgage rates than we had just a few years ago, and at the same time, we've got a lot of dead equity that's locked up.   Caeli Ridge  18:40   I would start first by saying, Are we looking to harvest equity? Are we pulling cash out, or are we simply doing a rate and term refinance where we're replacing one loan with another loan, if it's for rate and term, if we're simply replacing the loan that we have today with a new loan, that math is going to be pretty simple. Why would you replace 6% interest rate with a 7% interest rate? If all other things were equal, you wouldn't unless there was a balloon feature, or maybe an adjustable rate mortgage or something of that nature involved there that you have to make the refinance. So taking that aside, focusing on a cash out refinance, and when does it make sense? So there's a little extra layered math here. The cash that you're harvesting, the equity that you're harvesting, first of all, borrowed funds are non taxable. What are we going to do with that pile of cash? Are we going to redeploy it for investing more often than not talking to investors? The answer is yes. What is that return going to look like? So you've got to factor that in as well, and then we'll get to the tax benefit in a moment. But generally speaking, I like to as long as the cash flow is still there, okay, you've got to have someone else covering that payment. Normally, there's exceptions to every rule. I don't normally advise going negative on a cash out refi. There are exceptions. Okay, please hear me. But otherwise, as long as the existing rents are covering and that thing is still being paid for by somebody else, then what you want to do is look at that monthly payment. Difference again, versus what you're getting out of it. And then you divide those two numbers pretty simply, and it'll take you how long. And then you've got a layer in the cash flow that you're going to get from the new acquisitions, and whether that be real estate or some other type of investment, whatever the return is, you're going to be using that to offset. And then finally, I would say, make sure that you're doing adding in the tax benefit. These are rental properties guys, right? So closing costs can be deducted now that may end up hurting debt to income ratio down the road. So don't forget, Ridge lending is going to be looking at your draft tax returns. Very, very important to ensure that we're setting you up for success and optimizing things like debt to income ratio on an annual basis.   Keith Weinhold  20:40   Now, some investors, or even primary residence owners might look at their first and only mortgage on a property, see that it's 4% and really not want to touch that. What is the environment and the appetite like today for having a refinance in the form of a second mortgage? That way you can keep your first mortgage in place and, say, 4% get a second mortgage at 7% or more. How does that look for both owner occupied and non owner occupied properties today?   Caeli Ridge  21:07   you're going to be looking at prime, plus, in many cases, if you don't want to mess with a first lien, a second lien mortgage is typically going to be tied to an index called prime. Those of you that are familiar with this have probably heard of that. Indicee. There's lots of them. The fed fund rate, by the way, is an index. There's lots of them. The Treasury is also another index. Prime is sitting, I think, at seven and a half percent. So you're probably going to be looking at rate wise, depending on occupancy and credit score and all of those llpas that we always talk about, loan level, price adjustment. You know, it could be prime plus zero, it could be prime plus four. So interest rates could range between, say, seven and a half, on average, up to 11 even 12% depending on those other variables. More often than not, those are going to be interest only. So make sure that you're doing that simple math there. And I would prefer if I'm giving advice the second liens, the he loan, which is closed ended, very much like your first mortgage, it's just in second lien position. It's amortized over a certain period of time, closed ended. Not as big a fan of that. If you can find the second liens, especially for non owner occupied, I would encourage it to be that open ended HELOC type.    Keith Weinhold  22:15   What are we looking at for combined loan to value ratios with second mortgages    Caeli Ridge  22:19   on an owner occupied I think you'd be happy to get 90. I think I've heard that in some cases, they can go up to 95% in my opinion, that would go as high as they'll let you go right on a non owner occupied, I think you'd be real lucky to find 80, and probably closer to 70.    Keith Weinhold  22:34   That really helps a lot with our planning. Well, the administration that came in this year has made some changes that can create some upheaval, some things to pay attention to in the mortgage market. We're going to talk about that when we come back. You're listening to get rich education. Our guest is Ridge lending Group President, Caeli Ridge I'm your host, Keith Weinhold.    The same place where I get my own mortgage loans is where you can get yours. Ridge lending group  NMLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your prequel and even chat with President Chaeli Ridge personally while it's on your mind, start at Ridge lendinggroup.com. That's Ridge lendinggroup.com.    You know what's crazy? Your bank is getting rich off of you. The average savings account pays less than 1% it's like laughable. Meanwhile, if your money isn't making at least 4% you're losing to inflation. That's why I started putting my own money into the FFI liquidity fund. It's super simple. Your cash can pull in up to 8% returns, and it compounds. It's not some high risk gamble like digital or AI stock trading. It's pretty low risk because they've got a 10 plus year track record of paying investors on time in full every time. I mean, I wouldn't be talking about it if I wasn't invested myself. You can invest as little as 25k and you keep earning until you decide you want your money back. No weird lockups or anything like that. So if you're like me and tired of your liquid funds just sitting there doing nothing. Check it out. Text family to 66866, to learn about freedom. Family investments, liquidity fund again. Text family to 66866   Hal Elrod  24:38   this is Hal Elrod, author of The Miracle Morning and listen to get rich education with Keith Weinhold, and don't put your Daydream.   Keith Weinhold  24:55   Welcome back to get rich education. We're talking about mortgages again, because this is one. Where leverage comes from. I'm your host. Keith Weinhold, we're sitting down with the president of ridge lending group, Caeli Ridge, and I know that she has some knowledge and some updates on new administration leadership and some potential changes for the market there. What can you tell us? Caeli   Caeli Ridge  25:16   I'm pretty excited about this one, and I'm watching very diligently to see how it unfolds. So the new director of the FHFA Federal Housing Finance Agency, all is Bill Pulte. This is the grandson of Pulte Homes. Okay, smart guy. I'm excited to see what he's going to come in and do. Well. He had recently, I think in the last couple of weeks, he put out in the news wires asking for feedback from the powers that be, related to Fannie and Freddie, what improvements they would like to see. So first up was Jim neighbors. He is the president of the mortgage brokers Association. He had a few very specific wish list items, if you will. And the first one on his list was the elimination of LLP, as for non owner occupied and second home. So let me just kind of paint a picture here, because there's some backstory I think is important. So an LLPA, for those of you that have never heard that term before, stands for a loan level price adjustment. And a loan level price adjustment is a positive number or a negative number that associates with the individual loan characteristics. So things like loan to value or loan size, occupancy is a big ll PA, the difference between an owner occupied where you live and one that you're going to use as a rental property, that's a big one. Credit score, property type, is it a single family? Is it a two to four? Is this a purchase? Is it a refi? Anyway, all of those different characteristics are ll pas. Well, if we take a step back in time, gosh, about three years ago now, Mark Calabria, at the time, was the director of the FHFA, and he had imposed increases, specific increases. This was middle of 22 I want to say specific increases to the LL pas for non owner occupied property. So if anybody kind of remembers that time, we started to really see points and interest rates take that jump sometime in 2022 more than just the traditional interest rate market and the fluctuations. This was very material to investment property and second home, but we'll focus on the investment property. So Mr. Jim neighbors came in and said, first and foremost, I'd like to see those removed, and I want to read something to the listeners here, because I thought it was very interesting. This is something I've been kind of preaching from the the rooftops, if you will, for many, many years. Yeah, we've got neighbors sticking up for investors here. He really is. And I Yeah, well, yes, he is. And more often than not, they're focused on the owner occupied so I'm just going to kind of read. I've got my cheat sheet here. I want to make sure I get it all right for everybody. So removal of the loan level price adjustments on investment properties and second homes, he noted that these risk based fees charged by Fannie and Freddie discourage responsible buyers from purchasing second homes and investment properties, with that insignificant increase to cost. And here's the important part, originally introduced to account for additional credit risk, many of the pandemic era llpa increases were not based on updated risk metric. In fact, data has shown that loans secured by investment properties often have strong credit profiles and lower than expected default rates. I mean, anybody that has been around long enough to see what we've come from, like, 08,09, and when we had the calamity of right, the barrier for entry for us to get any conventional financing as investors has been harsh. I mean, I make that stupid joke of vials of blend DNA samples. But aside from it being an icebreaker, it kind of feels true. We really get the short end of the stick. And I feel like as investors especially, post 08,09, our credit profiles, our qualifications, the bar is so high for us, the default risk there has largely been removed. We've got so much skin in the game. With 20 25% down, credit score is much higher, debt to income ratios more scrutinized, etc, etc. So I think that this is, if it passes muster. I think this is going to be a real big win for the non owner occupied side of agency, Fannie, Mae, Freddie, Mac lending.   Keith Weinhold  29:13    The conventional wisdom is, is that if you the borrower, get into financial trouble, you're more likely to walk away from your rental properties than you are your own home and neighbors, sort of like a good neighbor here sticking up for us and stating that, hey, us, the investors, we're actually highly credit worthy people.   Caeli Ridge  29:29   Yeah, absolutely. So fingers crossed. Everybody say your prayers to the llpa and mortgage investor rates gods.   Keith Weinhold  29:37   we'll be attentive to that. What other sorts of changes do we have with the administration? For example, I know that Trump and some others in the administration have talked about privatizing the GSEs, those government sponsored enterprises, Fannie, Mae, Freddie Mac and what kind of disruption that would create for the industry. Is it really any credence to that?   Caeli Ridge  29:58   They've been talking about it for. For quite a while. I mean, as long as Trump has been kind of on the scene, that's been maybe a wish list for him. I don't see that happening over the next years. That is an absolute behemoth to unpack and make a reality. Speaking of Mark Calabria, he was really hot and heavy on the trails of doing that. So what this is, you guys so fatty Freddy, are in conservatorship that happened back post 08,09, and privatizing them and making them where it is not funded, or conservatorship within the United States government. Now it still has those guarantees against default. It's a very complicated, complex, nuanced dynamic of mortgage backed securities, but if we were to privatize them at some point now, am I saying that that's a bad thing? No, not necessarily, but I think it has to be very carefully executed, and because there are so many moving parts, I do not think that just one term of presidency is going to make that happen. If we do it, it's going to be years down the road from now. Is my crystal ball. I don't think we're going to see that anytime soon.    Keith Weinhold  30:58   That's interesting to know. Are there any other industry changes that are important, especially for investors, whether that has to do with the change in administration or anything else?   Caeli Ridge  31:08    Well, specific to that wish list from Mr. Neighbors, one of the other things that he had asked, and there were quite a few, for owner occupied changes as well, he wants to reduce the seasoning for cash out refinances of investment properties, which would be huge good. Yeah, right now it's 12 months on a cash out refinance given very specific acquisition details. Okay, I won't go down that rabbit hole, but currently, if you haven't met exactly these certain benchmarks, you may have to wait 12 months to pull cash out of a property from the day that you acquire it, he's asking that that be pulled back to about six months, which would be nice   Keith Weinhold  31:46   reducing the seasoning period from 12 months to six months, meaning that an investor a borrower, would only need to own that property for that shorter duration of time prior to performing a refinance.   Caeli Ridge  31:58    Cash out refinance, no seasoning required on a rate and term. This is specific for cash out. But again, for cash out, but exactly right   Keith Weinhold  32:04   now, one trend that I think about sometimes, especially when I think back to 2008 2009 days since I was an investor through that time, is, are there any signs in the reduction of the appetite or the propensity to lend, to make loans. So how freely is credit flowing?    Caeli Ridge  32:25   I think pretty freely. I'm not seeing that they're tightening the purse strings. That's not the lens that I'm looking at it from, and I try to keep that brush stroke broad. There have been, I think that on the post, close side, there's been a little extra from Fannie Freddie, and I think that has to do with profitability markers. But overall, I'm not seeing that products are disappearing necessarily, or that guidelines are really becoming even more cumbersome. If anything, I would say it's maybe the reverse of that, and I do believe that probably is part and parcel to this administration and the real estate background that comes with it.   Keith Weinhold  32:59   One other thing I pay attention to, but it just really hasn't been much of a story lately. Are delinquencies in foreclosures. It seems like they've ticked up a little bit, but they're still both really historically low and basically a delinquency being defined as when a borrower makes one late payment, and foreclosures being the more severe thing, typically a 120 days late or more. Any trends there? I'm not   Caeli Ridge  33:24   seeing any now. And in fact, I would tell you that, because we focus so much on investor needs, first payment default is I can count on less than one hand, if I had to, how many times I've seen that happen with our clients over 25 years. So nothing noteworthy there for me.    Keith Weinhold  33:40   Yes. I mean, today's borrowers are just flush with equity. Nationally, there's a loan to value ratio of 47% which is healthy, in a sense. On average, borrowers have a 53% equity position. Of course, the next thing, I think, is like, I don't really know if that's a smart strategy. They're not really getting that much leverage out there. But I think a lot of people just have the old mentality of get it paid off.    Caeli Ridge  34:06   And I think that depending on where you are in your journey, I mean, if you're in phase three, right, where you're just really looking at these investments, these nest eggs to carry you into your retirement and or for legacy reasons, fine, but otherwise, I may argue the point in that I don't care that you have a 3% interest rate on an investment property, or whatever it may be, if it's sitting there idle and as long as it can cash flow, the true chances of those individuals of keeping that mortgage that they got in 2020, 2021, etc, at those ridiculously low interest rates and stroking 360 payments later to pay it to zero is a fraction of a percent right now, whether they're on the sidelines for something else, I don't know, but that debt, equity, I think, is hurting them more than a 3% interest rate is helping them.   Keith Weinhold  34:52    And a lot of times, the mindset of someone is, if they don't need to build wealth anymore, and they're older and they already built wealth, they don't care if they're loaned to value. Was down to zero, and they have it paid off, whereas someone that's in the wealth building phase probably wants to get more leverage. Yeah, Chaley at risk lending group, there you see so many applications come in, and especially since you're an investor centric lender, I like to ask you what trends you're seeing. What are people buying? What are people doing? Are they refinancing? Are they paying loans off? Are they trying to take out more credit? Are there any overall trends with investors that you see in there    Caeli Ridge  35:29   right now? I think the all in one is a clear winner there. The all in one, that first lien, HELOC, that you and I talked about, we broke my little corner of the internet with that one, that one is a front runner for sure, on the refinance side, specifically, we are seeing quite a bit more on the refi side of things, that equity is kind of just sitting there. So even though, if the on one isn't a good fit for them, I'm seeing investors that are willing to tap into that equity instead of just sitting around and waiting for them to potentially lose some equity if the housing market does start to take some decline. And then I would say, on the purchase transaction side, something that's kind of piqued my interest is the pad split. I'm looking at that more often where, for those that are not familiar, you can probably speak more to this, Keith, they're buying single family resident properties, even two to four unit properties, and a per bedroom basis, turning those into rental properties. And they're looking to be quite profitable. So I've got my eyes on that too.   Keith Weinhold  36:23   before we ask how we can learn more about you and what you do in there at Ridge Kayle. Is there any last thing that you'd like to share? Maybe a question I did not think about asking you, but should have.    Caeli Ridge  36:35   I would like to share with your listeners that if they are not working with a lender that focuses on their education and has that diversity of loan product that we have, that they're probably in the wrong support group. You need to be working with a lender that has a nationwide footprint and that has diversity of loan product to cover whatever methodology of real estate investing that you're looking for, and really puts a fine touch on the education of your qualifications and your goals as they relate to underwriters guidelines   Keith Weinhold  37:10   what we're talking about, and I know this through my own experience in dealing with Ridge, since I use them for my own loans myself, is sometimes Ridge might inform You that, hey, you can go and do this and make this deal now, but that's going to mess up this bigger thing 12 months down the road, whereas if you talk with an everyday sort of owner occupant mortgage company, oh, they're just not going to talk like that, because owner occupants, they might only buy every seven years, or something like that. And investors are different, and you need to have that foresight and look ahead. Caeli, this has been great, a really informative conversation about the pulse of the market. Tell us what products that you offer in there.   Caeli Ridge  37:50   Our menu is very, very diverse. I would say what. It's probably easier to describe what we don't offer. We do not have bear lot loans or land loans. We're not offering those right now. We do not have second lien HELOCs currently. We suspended that two years ago. But otherwise, guys, we're going to have everything that you're going to need. So just very quickly, I'll rattle off Fannie Freddie, okay, those golden tickets that we talk about, we've got DSCR loans, bank statement loans, asset depletion loans, ground up construction, short term bridge loans for fix and flip or fix and hold. We have our All In One that's my favorite first lien. HELOC, we have commercial loan products for commercial property and residential on a cross collateralization basis. So very, very robust in the loan product space.   Keith Weinhold  38:33   Caeli Ridge, it's been valuable as always. And then Ridge lending group.com, or your phone number   Caeli Ridge  38:39   855-747-4343, 855-74-RIDGE, , and then to reach us an email, if that's your better mechanism to contact us info@ridgelendinggroup.com   Keith Weinhold  38:50   that's been valuable as always. Thanks so much for coming back onto the show.    Caeli Ridge  38:53   Appreciate it. Keith,   Keith Weinhold  39:00   Yeah, terrific information from Chaley. As always, if you're enamored of borrowing tax free, like a billionaire, against your real estate, they sure can help you out with that and determine whether that's right. It doesn't mean that you always should, but if you have investment ideas for debt equity, and you're attentive to cash flows, run the numbers with them and see if it's worthwhile. As far as new purchases, we all know that soured affordability has made it especially tough for first time homebuyers, and there's more data out there that shows that tenant durations are historically long, longer than they usually are. Tenants are staying in places longer because they have to. Investor purchases have stayed strong, though investors have been buying about the same proportion of single family homes and making them rentals that they have historically and Redfin tells us that. The value of properties that investors have purchased is up more than 6% year over year, so investors are still buying and that makes sense. We're in this era where there's more uncertainty than usual, there's higher stock volatility than usual, and more people are sort of asking themselves, where would I get a better return than on income property, and where would my return be more stable today than in income property as well? If you work with Ridge lending group for a time, you're probably going to understand why I personally use them for my own loans. You'll notice that they really understand what investors need. Thanks to Caeli Ridge today and thank you for being here too. But as always, you weren't here for me. You were here for you until next week. I'm your host. Keith Weinhold, don't quit your Daydream.   Speaker 3  40:56   Nothing on this show should be considered specific personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively.   Keith Weinhold  41:20   You know, whenever you want the best written real estate and finance info, oh, geez, today's experience limits your free articles access, and it's got paywalls and pop ups and push notifications and cookies disclaimers. It's not so great. So then it's vital to place nice, clean, free content into your hands that adds no hype value to your life. That's why this is the golden age of quality newsletters. And I write every word of ours myself. It's got a dash of humor, and it's to the point because even the word abbreviation is too long, my letter usually takes less than three minutes to read, and when you start the letter, you also get my one hour fast real estate video. Course, it's all completely free. It's called the Don't quit your Daydream letter. It wires your mind for wealth, and it couldn't be easier for you to get it right now. Just text. GRE to 66866, while it's on your mind, take a moment to do it right now. Text GRE to 66866   The preceding program was brought to you by your home for wealth, building, get rich education.com.    

Netflix (NFLX) got a downgrade to neutral from overweight by JPMorgan, though the firm still raised its price target. Diane King Hall talks about the firm's valuation view as the key point behind its downgrade. Reddit (RDDT) received a downgrade from Wells Fargo over concerns of Alphabet (GOOGL) generating A.I. search disruption to the social media company. Diane turns to a positive note from UBS after the firm upgraded United Airlines (UAL) and Delta Airlines (DAL).======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

Today's guest is Nathaniel Bell, Director of Data Management at Wells Fargo. Nate joins Emerj Managing Editor Matthew DeMello on the show today to discuss the practical application of AI within internal audit workflows, focusing on tools that are already delivering results. He explains how deterministic models are transforming information gathering, testing internal controls, and identifying risks earlier in the process. The conversation also covers the transition from manual audits to continuous auditing, emphasizing the importance of foundational capabilities like data quality and system integration. For audit and compliance leaders, Nathaniel provides valuable insights into where AI is driving impact today and the ongoing role of human oversight in these processes. This episode is sponsored by MindBridge. Learn how brands work with Emerj and other Emerj Media options at emerj.com/ad1. Want to share your AI adoption story with executive peers? Click emerj.com/expert2 for more information and to be a potential future guest on the ‘AI in Business' podcast!

Cramer discusses why the Club is trimming its stake in its largest financial holding. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market's biggest headlines. Signup here: cnbc.com/morningtake CNBC Investing Club Disclaimer

How a 30-year ETF veteran learned to prioritize human flourishing over profit maximizationGuest: Dave Nadig - 30-year veteran of the ETF industry, financial blogger, and advocate for pro-flourishing capitalismKey Moments:[03:13] Dave shares how his childhood on a farm shaped his financial mindset, developing a scarcity mentality from growing up poor that led him to finance and money management.[04:38] Dave explains his "Black Hat vs. White Hat" concept in finance - distinguishing between those who prioritize human flourishing (White Hats) versus those focused primarily on profit maximization (Black Hats).[07:01] Discussion of the Mad Magazine "Spy vs. Spy" cartoons as inspiration for his Black Hat/White Hat framework.[09:53] Dave emphasizes that people in the "Black Hat" business aren't necessarily evil, but have made different choices about their priorities.[15:50] Conversation about passive investing and its evolution from the 1980s through today, with Dave sharing his personal journey working at Wells Fargo on the first target date funds.[19:19] Dave reflects on becoming "a hard convert back to passive investing" after failing as an active fund manager.[20:14] Discussion of passive investing's impact on market dynamics, particularly how fund flows affect top equities and bond markets.[26:22] Examination of how capital formation now happens primarily in private markets, not public ones.[32:23] Dave shares his fascination with consciousness and the brain, discussing Dr. Ian McGillchrist's work on left brain/right brain dynamics.[34:47] Dave explores how meditation helps investors develop metacognitive awareness and recognize when their perception differs from reality.[38:39] Discussion of Dave's experiences at Zen Mountain Monastery and how meditation creates space to explore one's own thought processes.[44:52] Dave's emotional connection to flying, from childhood fascination to earning his pilot's license, and the devastating impact of losing it due to epilepsy.[53:49] Reflection on how most investors focus too much on narrow details while neglecting broader context and asset allocation decisions.[55:54] Dave shares how he uses AI tools like Perplexity to streamline research and Claude to assist with data analysis and coding tasks.[01:01:04] Discussion of how AI will continue to evolve, with the current state being "the worst it's ever going to be."[01:05:15] Dave's definition of success: having control over his own time rather than financial wealth.Podcast Program – Disclosure StatementBlue Infinitas Capital, LLC is a registered investment adviser and the opinions expressed by the Firm's employees and podcast guests on this show are their own and do not reflect the opinions of Blue Infinitas Capital, LLC. All statements and opinions expressed are based upon information considered reliable although it should not be relied upon as such. Any statements or opinions are subject to change without notice.Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed.Information expressed does not take into account your specific situation or objectives, and is not intended as recommendations appropriate for any individual. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation. Past performance is not indicative of future performance.

Investing in Bizarro World Episodes: https://youtube.com/playlist?list=PLIAfIjKxr02sAztzlJNy1ug5bDvTVZkME&si=w2d_EF-B5jMo1dYD Subscribe to Investing In Bizarro World: @bizarroworld Programming Note: Be sure to watch the Junior Resource Monthly “Mining Boom” webinar if you missed it. Gerardo outlines three junior gold stocks positioned to outperform in this bull market — one of which he believes could return 50x to 100x. He's so confident, he's offering a money-back guarantee if one of them doesn't double in the next 12 months. Replay here: https://bit.ly/3YxjZdAThe free version of the 315th episode of Investing in Bizarro World is now published.Here's what was covered:Macro Musings - The corruption carousel spins again: Wells Fargo execs reduce an $8.5M fine to $150K by donating $1M to Trump's inauguration. GDP prints negative (-0.3%) yet markets cheer for rate cuts. Bond market tightens. Powell loses credibility. ICE raids hit the wrong homes. A Ukrainian rare earths deal includes reserves in Russian-occupied territory — pure theater. Market Takes - Gold briefly dips to $3,200 before rebounding strongly. Nick calls $3,000 the new floor. Silver closes above $32. Copper holds near $4.60 despite recession fears. S&P still overpriced. Gold equities remain deeply undervalued. Sector rotation from tech to commodities is underway. Charts suggest 3–10x upside for junior gold stocks if past cycles repeat. Learn more here: https://bit.ly/3YxjZdABizarro Banter - Marjorie Taylor Greene's Palantir trade under scrutiny. Trump family opens a literal bar called Executive Branch. Navarro praised a negative GDP as the “best ever.” Gerardo wonders where the breaking point lies for Americans as insider deals and public pay-for-play schemes go mainstream and compares modern U.S. politics to a clean shirt getting dirtier every day.Premium Portfolio Picks - For paid listeners only. Subscribe here: 0:00 Introduction1:15 Macro Musings: Wells Fargo Favors. Gold Holds. Economy Contracts. 13:23 Market Takes: Begging for Rate Cuts. Gold Stock Valuations. 18:18 Bizarro Banter: Ukraine Minerals Deal. Law & Order28:41 Premium Portfolio Picks: Battery Technology Discussion. Two Lithium Stocks. Two Juniors Drilling Now. (You need to subscribe to Bizarro World Live to get this section) Subscribe here: https://bit.ly/3GHvwAUPLEASE NOTE: There are now two versions of this podcast. 1. Bizarro World Live — Pay $2 per episode to watch us record the podcast live every Thursday and get Premium Portfolio Picks every week. You can do that here: https://bit.ly/3GHvwAU2. Bizarro World Free — Published the Monday after the live recording with no Premium Portfolio Picks.Visit our website Daily Profit Cycle for more content like this and more! https://dailyprofitcycle.com/

On today's episode Rich sits down with Jack McColl “The King of Debt” - Entrepreneur, Founder of Credit Stacking, and Business Credit Coach. Jack, better known as “The King of Debt,” has been featured on Market Watch, Disrupt Magazine, Yahoo Finance, and Forbes. He is a self-made mogul who went from having zero dollars in business credit to being approved for $500,000 in a little more than a year. Jack has mentored thousands of entrepreneurs, helping them get access to hundreds of thousands of dollars of 0% interest capital to start, scale, and finance their businesses. Rich and Jack start off by discussing Jack's first episode with Rich (Episode 68), Jack's 5 week trip to South America, Columbia and kitesurfing, skydiving in Venezuela, Jack's passion for sports and hobbies, Jack's favorite automated business services, optimizing business, and Jack joining the 800 club for testosterone levels and credit scores. They then reflect on their favorite exercises, the importance of physical fitness, what it's like showering on planes, comparing first class airlines, accumulating credit card points at different banks, Jack's experience helping clients secure $150,000 0% interest business credit, the AmEx Business Gold and Platinum cards, and the Wells Fargo's Autograph Journey Card.Lastly, they talk about buying assets with business credit, the AmEx business card pros and cons, which cards Jack recommends using, the Bilt Credit Card, tools to keep track of debt payments, the Wheels Up AmEx Travel experience, Private Jets, Set Jet, Elon Musk's Starlink Satellites, Jack's big move to Utah, Rich's experience as a pilot, and Kris Krohn.Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest. Want to join our Boutique Hotel Mastermind Community? Book a free strategy call with our team: www.hotelinvesting.com. If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.

In this episode of Inside Golf Podcast, Andy Lack (@adplacksports) and Steve Bamford (@BamfordGolf) break down the 2025 PGA Championship at Quail Hollow. Andy and Steve discuss how the second major championship of the year will play differently than the Quail Hollow we see at the Wells Fargo every year, as well as the PGA Championship in 2017. Andy and Steve break down the betting board and discuss Rory McIlroy, Scottie Scheffler, and Bryson DeChambeau, and the corresponding chances to win the golf tournament. Thanks for listening and subscribing to Inside Golf Podcast, cheers!BECOME AN INSIDER TODAY: https://www.insidesportsnetwork.com/becomeaninsiderSubscribe to the Newsletter: https://inside-sports-network.beehiiv.com/subscribejoin Betsperts Golf, with code INSIDEGOLF for 25% off: https://betspertsgolf.com/Shorties Golf - Use Promo Code ISN15 at checkout https://golfshorties.com/ISN15

In a new episode of Head to Head, Jennifer Garcia (Private Wealth Advisor and Managing Director of the Garcia Private Wealth Group at Wells Fargo) joins Co-Heads of Distribution Kirsten Pickens and Ryan Robertson to discuss her unique approach to multi-generational wealth management, what it means to lead one of the few all-women teams in financial services and how she prospects for clients.“So, I have never cold called ever. To me, the goal was to connect with bankers so that they saw my value and then they would bring clients to me. And how could I nurture that relationship? So, that's really how I built my whole practice and still to this day, all the clients I have are from referral sources.”–Jennifer Garcia Have a question for our experts? Text us for a chance to have your questions answered on the next episode.To watch the video version, go to https://www.youtube.com/@FSInvestments For more research insights go to FSInvestments.com https://bit.ly/m/fsinvestments

We're back with another LOADED episode of 302BIRDS, and this week we're talking all things Philly sports from the greens to the gridiron!Jason Kelce hit up Reddit for golf advice, and luckily… we've got just the guy to help him out. We also dive into the battle for the final cornerback spot on the Eagles roster and debate what to expect from Saquon Barkley and Sydney Brown heading into 2025.The Phillies keep winning series—but why does it still feel underwhelming? We'll break it all down. Plus, is the renaming of Wells Fargo going to matter to Sixers and Flyers fans? And does the Flyers' latest pick move the needle?All this and MORE on another can't-miss episode of 302BIRDS!

In today's Tech3 from Moneycontrol, we bring you a sharp mix of tech and startup news: India orders a ban on all Pakistani OTT content, logistics startup Porter raises $200M and hits unicorn status, and a Flipkart VP gears up to launch a new venture. We also decode why Instagram isn't paying creators in its largest market, and cover Wells Fargo's exit from Chennai. Tune in for your daily startup and tech fix.

Send us a textThis week on Sidecar Sync, Amith Nagarajan and Mallory Mejias explore Wells Fargo's virtual assistant “Fargo” and how it stacks up against Klarna's AI tool from a year ago. With 250 million fully automated interactions and measurable impact on customer engagement and bias reduction, Fargo offers a powerful case study in applied AI. Amith reflects on what's now possible for associations, why a narrow pilot project is a smart first move, and how “human in the loop” isn't just a safety net—it's strategic. The duo also breaks down Microsoft's new Phi-4 reasoning models, which pack PhD-level performance into incredibly compact packages that can run on your phone. If you're wondering where the AI trend line is heading, this one's for you.

How do you become a Business Banker? In this episode of Good Job, New Mexico, host Stacy Johnston talks with her husband, Brad Johnston, a Business Banker whose career has taken him from working at a pool in Los Alamos to managing the largest Wells Fargo branch in Phoenix, Arizona to becoming a VP Business Relationship Manager at New Mexico Bank & Trust in Albuquerque. Co-host Veronica Robledo joins the conversation as they dig into the realities of career growth, change, and resilience. Brad shares: What it was like to be laid off, and how he moved forward His perspective as a hiring manager in the banking world Lessons learned from non-linear career paths Advice for job seekers trying to stand out If you're navigating career transitions, job interviews, or leadership roles, this episode has practical takeaways you can actually use to further your own career.

My guest is James Sexton, Esq., a renowned attorney specializing in contracts related to love and money—prenuptial agreements, divorce and custody. We explore the counterintuitive fact that people with prenuptial agreements tend to stay married longer and report more satisfying relationships than those who don't. We discuss how legal contracts can foster deeper understanding by encouraging vulnerability and honest communication about each partner's values and expectations. We also examine what defines true, lasting love versus generic romantic ideals—and how social media can distort our understanding of what we truly need. Additionally, we review how cultural traditions, gender dynamics, courtship length, and age at the time of marriage shape marital outcomes. This episode offers practical tools for anyone—single or partnered—to build more successful and stable relationships through deeply honest dialogue and contracts that reflect genuine values around love and money. Read the episode show notes at hubermanlab.com. Thank you to our sponsors AG1: https://drinkag1.com/huberman Wealthfront**: https://wealthfront.com/huberman BetterHelp: https://betterhelp.com/huberman Our Place: https://fromourplace.com/huberman Function: https://functionhealth.com/huberman **This experience may not be representative of the experience of other clients of Wealthfront, and there is no guarantee that all clients will have similar experiences. Cash Account is offered by Wealthfront Brokerage LLC, Member FINRA/SIPC. The Annual Percentage Yield (“APY”) on cash deposits as of December 27,‬ 2024, is representative, subject to change, and requires no minimum. Funds in the Cash Account are swept to partner banks where they earn the variable‭ APY. Promo terms and FDIC coverage conditions apply. Same-day withdrawal or instant payment transfers may be limited by destination institutions, daily transaction caps, and by participating entities such as Wells Fargo, the RTP® Network, and FedNow® Service. New Cash Account deposits are subject to a 2-4 day holding period before becoming available for transfer. Timestamps 00:00:00 James Sexton 00:02:19 Divorce & Breakups, Men vs Women, Perception; Infidelity 00:12:04 Sponsors: Wealthfront & BetterHelp 00:14:41 Contracts, Business, Marriage Celebration, Prenups 00:26:24 Nesting; Prenups, Creating Rulesets 00:33:56 Prenups & Strengthening Marriage 00:38:19 Marriage Traditions; Divorce Rates, Religion 00:44:44 First vs Second Marriages, Love & Impermanence 00:50:09 Sponsors: AG1 & Our Place 00:53:53 Contracts, Relationships & Hard Conversations 01:02:37 Marriage & Underlying Problems, Love, Successful Marriages 01:16:27 Ideals, Social Media & Advertising, Simplicity, Dogs 01:27:33 Sponsor: Function 01:29:26 Intimacy, Tool: Early Framework for Hard Discussions 01:37:06 Prenup Consultation, Legal Defaults, Reasons for Marriage 01:47:37 Alimony, Prenups & Creating Rulesets, Yours, Mine & Ours, Adultery, Pets 02:02:30 Fond Memories & Ending Relationship, Pain, Divorce 02:12:49 Social Media, Movies & Ideals, Pornography vs Real Sexual Relationships 02:22:43 Revealing Flaws, Bravery, Prenups & Expectations, Money 02:37:49 Bravery, Vulnerability, Relationship Changes, Men vs Women, Marriage 02:47:11 Relationship Sacrifices, Men & Women; Prenups, Government 02:54:45 Life Milestones, Early vs Late Marriage, Navigating Challenges 03:01:38 Courtship Period & Marital Outcomes 03:10:12 Knowing Self & Partner, Vulnerability 03:16:58 "Postnup", Rekindling or Ending Relationships, Tool: Leave a Note 03:26:41 Heartbreak & Love, Divorce; Acknowledgements 03:34:45 Zero-Cost Support, YouTube, Spotify & Apple Follow & Reviews, Sponsors, YouTube Feedback, Protocols Book, Social Media, Neural Network Newsletter Disclaimer & Disclosures

Carl Quintanilla, David Faber and Mike Santoli discussed the surprising news involving Warren Buffett: The "Oracle of Omaha" announced he would step down as Berkshire Hathaway CEO at the end of the year after six decades on the job. Berkshire's board voted unanimously to  name company executive Greg Abel as president and CEO effective January 1 -- and for Buffett to remain chairman. At the Milken Institute Global Conference, David engaged in one-on-one interviews with Apollo Global CEO Marc Rowan and Wells Fargo CEO Charles Scharf.   Squawk on the Street Disclaimer 

Josh Durso and Nate Sharman are back on Out of Bounds one day after one of the most dominant performances we've seen this season. Scottie Scheffler crushes the field at the CJ Cup, tying a PGA Tour event record and picking up his first win of 2025. Despite a slower start and some questions around his iron play earlier in the year, Scheffler looks locked in as he heads toward the PGA Championship. They also break down Bryson DeChambeau's win at LIV Golf Korea.Then they debate the “small field vs. full field” conversation after comments from Erik Van Rooyen, who played his way into next week's Signature Event. Van Rooyen's strong stats raise questions about how deep the PGA Tour talent pool really is. Plus, a look ahead to the PGA Championship — Jordan Spieth's push for the career Grand Slam, and why the Truist Championship (formerly Wells Fargo) will have a strong field even without Scottie Scheffler.Watch the entire episode below or subscribe on your favorite podcast platform.https://youtu.be/jkeictAcv98

Ralph welcomes back Erica Payne, founder of Patriotic Millionaires, to update us on that group's latest efforts to save American democracy by lobbying to raise wages for workers and tax the rich. Plus, according to our resident constitutional expert, Bruce Fein, the count of Trump's impeachable offenses is now up to twenty-two and rising faster than a Space X rocket.Erica Payne is the founder and president of Patriotic Millionaires, an organization of high-net-worth individuals that aims to restructure America's political economy to suit the needs of all Americans. Their work includes advocating for a highly progressive tax system, a livable minimum wage, and equal political representation for all citizens. She is the co-author, with Morris Pearl, of Tax the Rich: How Lies, Loopholes and Lobbyists Make the Rich Even Richer.What we saw on January 20th, I believe, was the result of a global oligarchical coup who just took the Queen on the chessboard. When you've got three people whose combined worth is around a trillion dollars standing behind who is an unethical at least, criminal at worst billionaire president, Houston, we have a problem here. And the problem is not actually Donald Trump. The problem is the preconditions that led to the rise of a vulnerability to an authoritarian leader and an oligarchy. And that vulnerability was brought about by the actions of both parties over decades.Erica PayneIf you ran a business, Ralph, would you ever fire your accounts receivable department? No. It would be the last department you would cut. So then it says he's either stupid because that's what he's cutting, which I think is probably inaccurate. So if he's not stupid, then why is he doing it? And he's doing it for the same reason that lawmakers have hacked at the IRS budget forever—they don't want their donors to get taxed. They don't want their donors to be audited. And so they cut the cops. So all these folks who are griping about black Americans calling to defund the police are actually defunding the police that is keeping them in line and keeping them honest.Erica PayneAt a divided moment in America, I think we can agree that the federal government shouldn't tax people into poverty, and (to the extent necessary) rich people should pick up the difference.Erica PayneBruce Fein is a Constitutional scholar and an expert on international law. Mr. Fein was Associate Deputy Attorney General under Ronald Reagan and he is the author of Constitutional Peril: The Life and Death Struggle for Our Constitution and Democracy, and American Empire: Before the Fall.I start out with the fundamental idea of due process—you simply cannot deprive someone of liberty without giving them an opportunity to explain or to refute what allegations the government has made. And the reason why I start out with that, Ralph, is we've had an experiment in World War II with what happens when you have no due process. We did that with 120,000 Japanese Americans. No, we just said that they're all likely to commit espionage or sabotage, got to put them in concentration camps. We made 120,000 errors (and later apologized for it in 1988). So there's a reason due process is not simply an academic concept. It's essential to preventing these kinds of egregious instances of injustice from happening.Bruce FeinThe Democrats and a lot of liberal economists are not keeping up with the horror show that's going on. They don't use words like cruel and vicious. They don't turn Trump's words like deranged, crazed, corrupt on him. They're still using words like authoritarian practices, or problematic, or distressing, or disconcerting, or concerning. They're not catching up with the horror show here. That's why Trump continues to have a soliloquy. The Democratic Party is now having gatherings to see how are they going to collectively deal with Trump? How does a bank deal with a bank robber? They let the bank robber rob the bank and flee with the gold while they deliberate how they're going to deal with a bank robber they see coming into the bank?Ralph NaderNews 5/2/251. At the eleventh hour, Representative Jim Jordan – Chair of the House Judiciary Committee – pulled his measure to strip the Federal Trade Commission of its antitrust enforcement powers and consolidate those within the Justice Department, Reuters reports. “The House panel…had included the proposal in its budget package on Monday. During a hearing on the package…the committee passed an amendment that would remove the measure.” Trump's FTC Chairman Andrew Ferguson opposed Jordan's move and intervened with the White House. As Reuters notes, “The proposal mirrored the One Agency Act, a Republican bill that has gotten support from Elon Musk…[which] would effectively repeal the FTC's...authority to sue companies over unfair methods of competition, which the agency is using in cases against pharmacy benefit managers, Amazon…and John Deere.” In short, the FTC's antitrust powers survive today, but there is no guarantee about tomorrow.2. Yet, while avoiding the worst possible outcome on the corporate crime front, the Trump administration is still hard at work going soft on corporate crooks. Public Citizen's Rick Claypool reports “Two Wells Fargo execs had their fines reduced by 90% (related to the bank's accounting scandal) by Trump's [Office of the Comptroller of the Currency].” Claypool links to a piece in Radical Compliance, which explains that “David Julian, former chief auditor at Wells Fargo, saw his fines cut from $7 million to $100,000 [and] Paul McLinko, executive audit director, had his fines cut from $1.5 million to $50,000.” Both Julian and McLinko were part of the senior leadership team at Wells Fargo in the 2010s, when regulators “charged the bank with turning a blind eye to employees opening bank accounts without customer consent to hit sales quotas. That misconduct eventually led to a $3 billion settlement with Wells Fargo in 2020.”3. Lest you think the Democrats are in danger of seriously opposing Trump's policies, the Bulwark reports that House Minority Leader Hakeem Jeffries is putting the kibosh on the recent spate of Democrats' trips to El Salvador exposing the reality of the CECOT deportation scheme. This report alleges that “Cory Booker and the Hispanic Caucus were planning on going [to El Salvador],” but are no longer. Perhaps worse, Jeffries is not giving clear marching orders to the party rank and file. One Democrat is quoted saying “As a member of a party you need to be disciplined…They say, ‘Get on a plane,' ‘Don't get on a plane'—that's what you do. Nine out ten times you do what they ask. But you can't take that approach if you're not having regular communications… You have to be clear in messaging what the plan is and you have to do that regularly if you want to keep people in line.” This is just another example of Jeffries' weak and indecisive leadership of the caucus.4. Advocates are having more luck resisting the administration's overreach in court. On Wednesday, Mohsen Mahdawi – the Columbia student faced with deportation after being lured into an ICE trap with the false promise of a citizenship test – was freed by a federal judge, POLITICO reports. After the judge ordered his release, Mahdawi told the press “I am saying it clear and loud…To President Trump and his Cabinet: I am not afraid of you.” Mahdawi's ordeal is not over, but he will remain free while his case winds its way through the courts and a previous order blocked the administration from changing venues, meaning the case will proceed in the relatively liberal Second Circuit.5. Mahmoud Khalil also scored a major legal victory this week. The Huffington Post reports that the ICE agents sent to arrest Khalil did not, contrary to their false claims in court, have an arrest warrant. Amy Greer, a lawyer for Khalil, is quoted saying “Today, we now know why [the government] never showed Mahmoud [a] warrant — they didn't have one. This is clearly yet another desperate attempt by the Trump administration to justify its unlawful arrest and detention of human rights defender Mahmoud Khalil, who is now, by the government's own tacit admission, a political prisoner of the United States.” The ACLU, also defending Khalil, has now moved for this case to be dismissed.6. Despite these victories though, the repression of anything pro-Palestine continues. At Yale, Prem Thakker reports hundreds of students protested in advance of a speech by Itamar Ben-Gvir, Israel's radical National Security Minister who has previously been arrested many times for inciting racism and supporting pro-Jewish terrorism in Israel itself. Yet the university responded by “stripp[ing] the school's Students for Justice in Palestine Chapter…of its status as an official student group.” If students cannot even protest Ben-Gvir, what will the colleges regard as legitimate protest of Israel?7. In Yemen, Ryan Grim reports on CounterPoints that the Trump administration has been targeting strikes against the Houthis using data gleaned from amateur Open-Source Intelligence or OSINT accounts on X, formerly Twitter. Unsurprisingly, these are completely inaccurate and have led to disastrous strikes on civilians' homes, incorrectly identifying them as “Houthi bases.” One of these accounts is based in Houston, Texas, and another as far away as the Netherlands.8. According to a new World Bank report, Mexico reduced poverty more than any other Latin American country between 2018 and 2023. Not coincidentally, this lines up almost perfectly with the AMLO years in Mexico, which saw a massive increase in the Mexican minimum wage along with other social rights and protections. These policies are now being taken forward by AMLO's successor Claudia Sheinbaum, whose popularity has now surpassed even that of her predecessor, per Bloomberg.9. In Australia, Virginia Giuffre – the most outspoken accuser of Jeffrey Epstein and Ghislane Maxwell – has passed away at the age of 41, the BBC reports. Police concluded that Ms. Giuffre died by suicide and her family released a statement indicating that the “toll of abuse... became unbearable.” Yet, her death was preceded by a bizarre chain of events. On March 31st, the BBC reported that Ms. Giuffre's car collided with a school bus, sending her into renal failure with her doctors saying she had “four days to live.” The Miami Herald also reported “At the time of her death, Giuffre had been in a contentious divorce and child custody battle with her husband, Robert.” The family's statement continued “The death is being investigated by Major Crime detectives; [but] early indication is the death is not suspicious.” One can only hope more details come to light.10. Finally, in a different kind of bizarre story, embattled incumbent New York City Mayor Eric Adams – who has already given up on the Democratic primary and was running for reelection as an independent – will now appear on two new ballot lines “EndAntiSemitism” and “Safe&Affordable,” POLITICO reports. Adams has gone to great lengths to cultivate and maintain his support in the Orthodox Jewish community in New York and is seeking to highlight his strengths and undercut former Governor Andrew Cuomo. Apparently, Adams only needs to secure 3,750 signatures from voters by May 27 for each of these ballot lines, a shockingly low threshold for the largest city in America. These ballot lines will appear without spaces, coming in just under the wire for the city's 15-character limit on ballot lines.This has been Francesco DeSantis, with In Case You Haven't Heard. Get full access to Ralph Nader Radio Hour at www.ralphnaderradiohour.com/subscribe

In today's episode, we're schooled about Wells Fargo cards, we learn about earning points on your mortgage, and we talk about how you can take the sting out of Southwest's customer unfriendly changes.(01:03) - Listeners give us more ideas about making a great Wells Fargo WalletFind our episode "A World-Class Wells Fargo Wallet" here.(08:20) - Mesa Homeowners Card: Earn transferable points on mortgage payments(14:20) - Goldbelly no longer selling $10 gift cards (minimum is $25)(16:06) - Read about maximizing your "coupon" credits from American Express here.(16:15) - Capital One Shopping pulls many good gift card redemption options (and it varies from one cardholder to the next!)(20:05) - Pepper Rewards app not working (Taking payment but not producing gift cards, no coin...(22:44) - Likely: JetBlue partnering with United(27:51) - AA reducing award holds to 24 hours(29:04) - Emirates breaking up with some transferable currencies (temporarily?)Read more about this Emirates speculation here.(31:39) - Transfer SAS to Scandic hotels and backMain Event: Southwest LUVs cardholders(34:26) - New Details announced (fare bundles, bags, credit cards)(41:09) - Cardholders will win big(47:05) - Is Southwest Priority Card the best airline card ever?(53:09) - Is Southwest Priority Card even better than elite status?(57:23) - But....is the writing on the wall?(1:01:19) - If you have a major purchase you weren't expecting, which credit card would you put it on (and how would you decide?)Subscribe and FollowVisit https://frequentmiler.com/subscribe/ to get updated on in-depth points and miles content like this, and don't forget to like and follow us on social media.Music Credit – “Ocean Deep” by Annie Yoder

The award-winning Compliance into the Weeds is the only weekly podcast that takes a deep dive into a compliance-related topic, literally going into the weeds to explore a subject more fully. Are you looking for some hard-hitting insights on compliance? Look no further than Compliance into the Weeds! In this episode of Compliance into the Weeds, Tom Fox and Matt Kelly take a deep dive into the settlement of charges by the OCC with two former top audit executives at Wells Fargo for their oversight failures during the bank's fake accounts scandal. The Wells Fargo banking scandal is a cautionary tale of unchecked corporate misconduct and the critical role of auditor accountability. This scandal, which erupted due to Wells Fargo's creation of fake accounts driven by unrealistic sales targets, exposed the bank's dysfunctional corporate culture and raised questions about the efficacy of internal audits and the broader implications of regulatory actions. They discuss the scandal as emblematic of the broader issues stemming from repealing the Glass-Steagall Act, which blurs the lines between investment and consumer banking, fostering an environment where misconduct could thrive. Kelly points to the enormity of banks' post-Glass-Steagall repeal as a breeding ground for potential misconduct and highlights the negligence of Wells Fargo's leadership in failing to curb unethical practices. Both Fox and Kelly underscore the necessity for a comprehensive reevaluation of compliance and audit roles to prevent future scandals of this magnitude. Key highlights: Settlement of OCC Charges in Wells Fargo Impact of Regulatory Actions on Auditors Unethical Sales Goals Impacting Corporate Culture Glass Steagall Act Repeal: Wells Fargo Impact Resources: Matt in Radical Compliance Tom Instagram Facebook YouTube Twitter LinkedIn Learn more about your ad choices. Visit megaphone.fm/adchoices

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Supermicro (SMCI) shares have plunged lower after preliminary 3Q figures came in much lower than expected. Starbucks (SBUX) is down after earnings as the company looks for a turnaround under a new CEO. And, Nike (NKE) faces a downgrade from Wells Fargo. Tom White has the latest movers ahead of Wednesday's open.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – / schwabnetwork Follow us on Facebook – / schwabnetwork Follow us on LinkedIn - / schwab-network About Schwab Network - https://schwabnetwork.com/about

 In the first half of the program today we have Robyn Hyden of Alabama Arise on to give us an Alabama legislative update. We've also got a Wells Fargo worker on to talk to us about their union campaign. ✦ ABOUT ✦The Valley Labor Report is the only union talk radio show in Alabama, elevating struggles for justice and fairness on the job, educating folks about how they can do the same, and bringing relevant news to workers in Alabama and beyond.Our single largest source of revenue *is our listeners* so your support really matters and helps us stay on the air!Make a one time donation or become a monthly donor on our website or patreon:TVLR.FMPatreon.com/thevalleylaborreportVisit our official website for more info on the show, membership, our sponsors, merch, and more: https://www.tvlr.fmFollow TVLR on Facebook: https://www.facebook.com/TheValleyLab...Follow TVLR on Twitter: @LaborReportersFollow Jacob on Twitter: @JacobM_ALFollow TVLR Co-Creator David Story on Twitter: @RadiclUnionist✦ CONTACT US ✦Our phone number is 844-899-TVLR (8857), call or text us live on air, or leave us a voicemail and we might play it during the show!✦ OUR ADVERTISERS KEEP US ON THE AIR! ✦Support them if you can.The attorneys at MAPLES, TUCKER, AND JACOB fight for working people. Let them represent you in your workplace injury claim. Mtandj.com; (855) 617-9333The MACHINISTS UNION represents workers in several industries including healthcare, the defense industry, woodworking, and more. iamaw44.org (256) 286-3704 / organize@iamaw44.orgDo you need good union laborers on your construction site, or do you want a union construction job? Reach out to the IRONWORKERS LOCAL 477. Ironworkers477.org  256-383-3334 (Jeb Miles) / local477@bellsouth.netThe NORTH ALABAMA DSA is looking for folks to work for a better North Alabama, fighting for liberty and justice for all. Contact / Join: DSANorthAlabama@gmail.comIBEW LOCAL 136 is a group of over 900 electricians and electrical workers providing our area with the finest workforce in the construction industry. You belong here. ibew136.org Contact: (205) 833-0909IFPTE - We are engineers, scientists, nonprofit employees, technicians, lawyers, and many other professions who have joined together to have a greater voice in our careers. With over 80,000 members spread across the U.S. and Canada, we invite you and your colleagues to consider the benefits of engaging in collective bargaining. IFPTE.org Contact: (202) 239-4880THE HUNTSVILLE INDUSTRIAL WORKERS OF THE WORLD is a union open to any and all working people. Call or email them today to begin organizing your workplace - wherever it is. On the Web: https://hsviww.org/ Contact: (256) 651-6707 / organize@hsviww.orgENERGY ALABAMA is accelerating Alabama's transition to sustainable energy. We are a nonprofit membership-based organization that has advocated for clean energy in Alabama since 2014. Our work is based on three pillars: education, advocacy, and technical assistance. Energy Alabama on the Web: https://alcse.org/ Contact: (256) 812-1431 / dtait@energyalabama.orgThe Retail, Wholesale and Department Store Union represents in a wide range of industries, including but not limited to retail, grocery stores, poultry processing, dairy processing, cereal processing, soda bottlers, bakeries, health care, hotels, manufacturing, public sector workers like crossing guards, sanitation, and highway workers, warehouses, building services,  and distribution. Learn more at RWDSU.infoThe American Federation of Government Employees (AFGE) is the largest federal employee union proudly representing 700,000 federal and D.C. government workers nationwide and overseas. Learn more at AFGE.orgAre you looking for a better future, a career that can have you set for life, and to be a part of something that's bigger than yourself?   Consider a skilled trades apprenticeship with the International Union of Painters and Allied Trades. Learn more at IUPAT.orgUnionly is a union-focused company created specifically to support organized labor. We believe that providing online payments should be simple, safe, and secure.  Visit https://unionly.io/ to learn more.Hometown Action envisions inclusive, revitalized, and sustainable communities built through multiracial working class organizing and leadership development at the local and state level to create opportunities for all people to thrive. Learn more at hometownaction.orgMembers of IBEW have some of the best wages and benefits in North Alabama. Find out more and join their team at ibew558.org ★ Support this podcast on Patreon ★

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy morning coffee, and listen to the Daily Compliance News. All, from the Compliance Podcast Network. Each day, we consider four stories from the business world: compliance, ethics, risk management, leadership, or general interest for the compliance professional. Top stories include: Wells Fargo nears full regulatory relief. (Reuters) Gen Z wants RTO. (FT) The man who posed as CCO was found guilty of fraud. (Bloomberg) Can the Feds win a bribery trial? (Chicago Sun-Times) Learn more about your ad choices. Visit megaphone.fm/adchoices

Investor confidence continues to build, with Wall Street rising for a sixth consecutive session. Sherwin-Williams shares climbed after a strong first-quarter performance, while UPS fell as the company announced plans to cut 20,000 jobs this year. Meanwhile, Wells Fargo added to the positive sentiment, unveiling a share buyback program of up to $40 billion. In the bond market, US yields slipped to a three-week low amid weakening economic data, while the US dollar strengthened on signs of easing trade tensions. European shares also posted a sixth straight day of gains, echoing the upbeat mood in global markets. In commodities, oil dropped 2% to a two-week low, and gold futures extended their decline. Closer to home, Aussie shares are poised to notch a fifth consecutive day of gains, with investors closely watching upcoming inflation data. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

Kathy Klotz-Guest is Founder of Keeping It Human—a consultancy helping teams at Google, Amazon, and Wells Fargo ditch rigid thinking and spark bold breakthroughs with humor and improv. With 20 years in global tech and 25 years on comedy stages, Kathy brings laughs and innovation to business. We explored it all this week on the On Brand podcast. About Kathy Klotz-Guest Kathy Klotz-Guest, MA, MBA, is Founder of Keeping it Human (keepingithuman.com). She combines 20 years marketing and innovation leadership in Global Tech with 25 years of storytelling on improv and comedy stages. When companies and leaders at places including Google, Amazon, or Wells Fargo want to bust rigid thinking, fear, perceived limits and experience bold creative breakthroughs while laughing, they call Kathy. A top selling Amazon author ("Stop Boring Me") and comedian, Kathy is a professional speaker and expert in improv and humor in business and life. And you can still catch her on comedy stages. From the Show What brand has made Kathy smile recently? Kathy pointed us to the engaging and humorous social media accounts from Lake Michigan, Lake Superior, and the other Great Lakes. “They had these lake roast battles that were great!” She also shouted out Liquid Death's "Kegs for Pregs" ad, which reinforced the brand's “Hell yeah, this is who we are persona.” Connect with Kathy on LinkedIn and check out the Keeping it Human website. As We Wrap … Listen and subscribe at  Apple Podcasts, Spotify, Amazon/Audible, Google Play, Stitcher, TuneIn, iHeart, YouTube, and RSS. Rate and review the show—If you like what you're hearing, be sure to head over to Apple Podcasts and click the 5-star button to rate the show. And, if you have a few extra seconds, write a couple of sentences and submit a review to help others find the show. Did you hear something you liked on this episode or another? Do you have a question you'd like our guests to answer? Let me know on Twitter using the hashtag #OnBrandPodcast and you may just hear your thoughts here on the show. On Brand is a part of the Marketing Podcast Network. Until next week, I'll see you on the Internet! Learn more about your ad choices. Visit megaphone.fm/adchoices

As the market navigates a fragile stretch, Scott Wren of Wells Fargo and Dana D'Auria of Envestnet join the panel to break down investor sentiment and strategy amid earnings season.Key earnings movers include Cadence Design, F5 Networks, NXP Semi, and Nucor--and we hear from F5 CEO François Locoh-Donou on the company's tailwinds right now. Bernstein's Stacy Rasgon offers analysis on NXP results, while Gargi Chaudhuri of BlackRock breaks down her fresh spring outlook on handling market volatility.Later, Eunice Yoon reports from China, highlighting BYD's rapid growth, followed by emerging markets insight from investing legend Mark Mobius.

We tend to ignore Wells Fargo cards because there are so many other great credit cards out there, but they actually do have some compelling cards out there. In today's episode we'll discuss which ones you might want in your wallet. (01:47) - Re: Clarifying our "Beyond 100K Sapphire Preferred" episode, which you can read more about here. (19:33) - Bigger Capital One VentureX Business Card offer via private banker Listen to the podcast episode about the public Capital One VentureX Business card offer here. (22:49) - Citi decreasing redemption rates on emirates starting 7/27 (26:24) - Read more about the OneKey Cash devaluation for Vrbo stays here. (29:10) - A top up fee for priority pass lounge access (32:10) - Read more about the Japan Airlines devaluation here. (35:26) - More Japan Airlines (JAL) news Learn about how to Book JAL with JetBlue points here. (39:29) - More Bilt news (44:55) - Learn how to use Bilt to pay student loans with points here. (46:24) - United MileagePlus Showing More Awards After Changing Settings (49:51) - Wyndham Points + Cash reservations now bookable with as few as 750 points (51:12) - Learn more about Gondola here: https://frequentmiler.com/gondola/ Main Event: A World-Class Wells Fargo Wallet (57:04) - Transferable points (59:27) - Notable Wells Fargo credit cards which have transfer abilities (1:01:07) - Notable Wells Fargo cash back cards, which can be moved to a transferrable point card (1:04:33) - Here's how you can build a world-class Wells Fargo wallet (1:07:44) - Downsides (and fun hypotheticals) (1:13:32) - See our current transfer bonuses resource here. (1:16:22) - How many of your millions of miles come from sign up bonuses vs credit card spending, and where does most of your credit card spend come from? Read more about how to increase credit card spend here, and watch our episode 197 about increasing spend here. Visit https://frequentmiler.com/subscribe/ to get updated on in-depth points and miles content like this, and don't forget to like and follow us on social media. Music Credit – “Ocean Deep” by Annie Yoder

Stripe has officially applied for a Money Transmitter (MALPB) license in Georgia. It's a move that will change what we know about Stripe in payment processing...at least in the U.S.But what does this really mean for your business?In this episode, I, Maria Sparagis, payment processing expert and founder of Direct Payment, break down the real implications of Stripe becoming its own payment processor.From bypassing big banks like Wells Fargo and Barclays to potential changes in who Stripe approves (or rejects). These are the questions many aren't asking: Is this truly good news for online merchants, or just a power and profit play?

More price cuts could be coming this year. Zillow just made headlines by revising its 2025 housing market forecast, now predicting home values to drop in much of the United States. But do other top housing market forecasters agree, and if home prices fall this year, does it put you in a better position as an investor to lock down discounted deals? Dave is unpacking Zillow's new prediction, plus sharing his own take on what might happen next. This is not the first time Zillow has revised its 2025 housing market forecast. They've updated their predictions several times throughout the year, with the newest release being the most negative for home prices. Some markets in the US are even predicted to see drops of up to 10%—other markets could have price growth, while the rest of the nation struggles. What's causing the downward trend in home prices? Is it tariffs, inflation fears, signs of a recession, or just too much housing supply and insufficient demand? We're breaking it down in this episode. If you plan on buying or selling this year, don't miss this.  In This Episode We Cover: Zillow's new 2025 housing market forecast and why price declines seem likely  The best and worst housing markets for home price growth (some could fall by 10%) What Fannie Mae, Wells Fargo, and JP Morgan are predicting for 2025 home prices Is this the start of a housing market crash, or just a break for buyers? What Dave is doing now to pick up more properties as home prices weaken  And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Ask Your Question on the BiggerPockets Forums BiggerPockets YouTube Apply to Be a BiggerPockets Real Estate Guest Get $100 Off BPCon 2025 Zillow Home Value and Home Sales Forecast (April 2025) Connect with Dave Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-bonus-4 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

On this episode of the OneHaas Alumni Podcast, meet leadership coach Jeremy Guttenplan, a double bear with an MBA and a bachelor's degree in engineering from Haas. After years working in the data science and risk management fields, and holding top leadership positions at Wells Fargo and Capital One, Jeremy realized he wanted to spend more time coaching and developing his team than playing corporate politics. Jeremy chats with host Sean Li about how he made the pivot to coaching, explains the nuances between coaching, counseling, mentoring, and advising, and gives Sean a taste of his coaching style with an emphasis on the impact and return on investment personal development work can provide. *OneHaas Alumni Podcast is a production of Haas School of Business and is produced by University FM.*Episode Quotes:On his journey from data science to strategy, and discovering coaching as a career path“ I would get into these jobs that'd be very specific, very narrow focused.  And I had a way about me that I would create a T shape out of every role I'd end up in. So, you know, where they wanted me to do a certain thing and go really deep on something, I'd learn everything around it, connect all the dots together, you know, and make it really broad. Also, I generally master the one thing they wanted me to do pretty quickly, and then I'd get bored and wanna figure everything else out. And I was doing that in every job I was in.”On how the birth of his son propelled him to pursue coaching“I wanted to be a father, but I was also afraid I wasn't gonna be a great one. And there was a day that it hit me that, you know, I'm having a son and I'm gonna be his male role model.  And it was like a bucket of ice water got dumped on my head. It just woke me up. It woke me up out of this, whatever life I had been living up to that point, it wasn't what I'd want my son to look up to. I didn't see myself as a role model. A lot needed to change and a lot of that was about accepting myself.”On the definition of coaching“ Coaching is not about right or wrong, good or bad. There's nothing bad or wrong about that.  Coaching is about noticing it, asking yourself, is this getting me what I want? Like what I really want, what I say that I want right now? I might wanna be right about something, but what do I really want? And so that's what I ask my clients: Is that getting you what you say that you want? You know, thinking that other thing's gonna be better than this thing. And you know, the answer is always no. And it's an interruption tool to see that, ‘Hey, wait a minute, I have everything I need right now in this moment. I am already a whole complete, perfect human. And I can still aspire to be an even greater version of myself.'”On the ROI of coaching“ A coach can accelerate your journey to your freedom, your happiness, your fulfillment, whatever that is.  You know, whether it's in your relationships, whether it's in your job, whether it's with your finances, your relationship with money. The sooner you take care of these things, the more of your life you're gonna live, right? You might even live longer, because you'll be putting less stress on yourself.”Show Links:LinkedIn ProfileInstagram Profile Leading Your Life CoachingSupport this podcast at — https://redcircle.com/onehaas/donations

MRKT Matrix - Tuesday, April 22nd Dow jumps 1,000 points on hopes for trade fight de-escalation (CNBC) Bessent Expects Tariff Standoff With China to De-Escalate (Bloomberg) Strategist Who Called End of US Exceptionalism Sees No Recovery (Bloomberg) Trump Is Laying the Groundwork to Blame Powell for Any Downturn (WSJ) Trump hosts Walmart, Target and Home Depot CEOs for tariff meeting (CNBC) Meta could take a $7 billion hit this year because of Trump's tough China tariffs (CNBC) Amazon has halted some data center leasing talks, Wells Fargo analysts say (Reuters) --- Subscribe to our newsletter: https://riskreversalmedia.beehiiv.com/subscribe MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs

In this episode of the Build Your Success podcast, hostBrian Brogen interviews Laurie Wright, the HRIS Director at Robins and Morton. Laurie shares her journey from working in finance at WellsFargo to her current role in construction, emphasizing her passion for training and leadership development. She highlights the importance of relationships and purpose in leadership, and how Robins and Morton invests in training and mentorship programs. Laurie discusses the HR lifecycle, the company's approach toemployee development, and the significance of building people alongside projects in the construction industry.https://buildcs.netbrianb@buildcs.net

One of the more highly anticipated earnings events is on deck, as Tesla (TSLA) reports its quarterly figures this afternoon. UPS (UPS) gets a downgrade at Wells Fargo and cites elevated parcel pricing risks from tariffs. And, First Solar (FSLR) shines after international competitors face heightened trade pressures. Tom White examines today's biggest premarket movers.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – / schwabnetwork Follow us on Facebook – / schwabnetwork Follow us on LinkedIn - / schwab-network About Schwab Network - https://schwabnetwork.com/about

Stocks closed well off worst levels, but the rout in April continues. A deepening market selloff takes center stage with Anastasia Amoroso of iCapital and Sameer Samana of Wells Fargo breaking down pressure points across sectors. Our Deirdre Bosa reports on the unraveling of AI optimism. Morgan Stanley's Seth Carpenter weighs in on Trump vs. Powell tensions and macro dynamics, while Citi's Scott Chronert discusses the implications of today's sharp drop—and the situation he says you should be buying right now. Technical analysis from Katie Stockton provides levels to watch, and Steve Kovach covers Apple's decline on renewed China and tariff concerns. Earnings from Zions Bancorp and Western Alliance with Baird's David George.

This CEO Built a $7B Money Management Firm By Building Relationships with Ultra High Net Worth Investors $50M And AboveGuestJack Ginter, Chief Executive Officer, Partner Callan Family Office (AUM: $7B)Website:https://callanfamilyoffice.com/Bio:Having extensive experience that extends across ultra-high-net-worth wealth management and corporate banking, Jack Ginter is responsible for the firm's overall growth and management, with a focus on optimizing the client experience and delivering exceptional client service. He takes a leading role in fostering strategic relationships, business development, and team building. At Callan Family Office, Jack builds on his three-decade career of creating and building complex businesses.Prior to Callan Family Office, Jack served as president at Abbot Downing, Wells Fargo's ultra-high-net-worth business, where he oversaw the merger of legacy family office businesses, which ultimately accounted for more than $50 billion in assets under management. He also served as interim head of The Private Bank at Wells Fargo in 2021.In 2008, Jack joined Calibre, Wachovia's ultra-high-net-worth management business and a predecessor bank of Wells Fargo, where he served as the regional managing director in Philadelphia. Earlier in his career, he worked as the city executive for U.S. Trust in Philadelphia.Jack graduated from Saint Joseph's University in Philadelphia with a bachelor's degree in finance. He serves as vice chair of the board of directors for the Zoological Society of Philadelphia and was previously an executive advisor to the Wells Fargo Women's Team Member Network.

The Sell off continues, Apple Price Target Cut, A recession has been minted. As the market selloff continues should you buy on this dip? Wells Fargo says they still like U.S. equities and investors should look at mid-caps. Plus, Apple gets a price target cut with one analyst saying Apple still has a long way from out of the woods. He'll make his case. And, the President continues to attack Fed Chair Powell. Will this backfire on the White House and could it lead to bond market confusion? 

In a time of economic turbulence and market volatility, understanding where things stand—and where they're headed—feels more important than ever.In this episode of The Charlotte Ledger Podcast, Ledger editor Tony Mecia talks with economist Mark Vitner. Vitner, a longtime Charlotte-based economist formerly with Wells Fargo, is now chief economist for Piedmont Crescent Capital, a boutique economic consulting firm. He explains why the Charlotte region has remained resilient—and what clouds may be gathering on the horizon.Vitner notes that while the fundamentals remain solid, warning signs are starting to flash—especially when it comes to trade tensions, inflation expectations and real estate. He also discusses how Charlotte's unique strengths position it better than many peer cities to weather a potential downturn.This episode of The Charlotte Ledger Podcast was produced by Tony Mecia.You can find out more about The Charlotte Ledger at TheCharlotteLedger.com. Be sure to sign up for our newsletter! This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit charlotteledger.substack.com/subscribe

Get an easy $200 from Melio for making your first payment! (Affiliate link. Terms below) https://affiliates.meliopayments.com/travelonpointsteam Episode Description This week several increased card offers came out including a new version of Amex's popular "no lifetime language" Business Platinum offer. Find out how to see if you are targeted for 250K points plus a new type of kicker. Other offers include Marriott's new hybrid 3 nights + 50K and AA's 75K business card.   In other news Brazil now has an e-visa but we will show you how to get it. We also discuss: food at the Masters, very good Wells Fargo checking bonuses, safety of helicopters, a crazy shark in Switzerland and why Evermore is probably the best Hilton value in the U.S. right now.   Episode Guide 0:00 Insane diving shark in Switzerland 0:48 Brazil's new e-visa is here - What is the process? 3:25 Talking about the Hudson helicopter crash & safety 6:30 Evermore Orlando now bookable with Hilton - Good deal? 8:36 Amex Business Platinum 250K + a kicker 10:44 Bonvoy Boundless 3 free nights + 50K hybrid offer 12:10 AAdvantage Business 75K + special perks 13:25 New Chase MyBonus 5X offers for Q2 14:34 Wells Fargo's VERY good bank business bonuses 16:27 Cool S - Food at the Masters 18:10 How the Masters keeps prices low Links Shark - https://www.ladbible.com/news/world-news/shark-statue-lake-neuchtel-switzerland-460708-20231027 https://x.com/AvatarDomy/status/1355402936638189568 Brazil visa - https://travel-on-points.com/brazil-visa-application-process/ Evermore Hilton - https://travel-on-points.com/evermore-orlando-resort-joining-hilton/ Biz Plat 250K - https://travel-on-points.com/200k-amex-business-platinum-offer/ AAdvantage Biz 75K - https://milestomemories.com/75k-bonus-and-waived-fee-for-citi-aadvantage-business-card/ Chase MyBonus - https://travel-on-points.com/chase-my-bonus-spending-offers/ Wells Fargo Bank - https://travel-on-points.com/wells-fargo-business-checking-bonus/ Masters Food - https://x.com/top100rick/status/1909580552111300643?s=46 Enjoying the podcast? Please consider leaving us a positive review on your favorite podcast platform! You can also connect with us anytime at podcast@milestomemories.com.  You can subscribe on Apple Podcasts, Google Play, Spotify, TuneIn, Pocket Casts, or via RSS. Don't see your favorite podcast platform? Please let us know!

Have you wondered if the education system is actually preparing the next generation to lead? Do you question whether *real* learning happens within the confines of a classroom? What if the very foundation of how we've been taught to think is broken?Matt Beaudreau is on a mission to rebuild the way we raise young people into impactful adults. Through his educational program, Apogee Strong, he's empowering young people to break free from the limits of the traditional school system and become true leaders—starting with responsibility, character, and action. In this episode, we explore why real education isn't taught in classrooms and how Matt's approach is redefining what it means to be “ready for the real world.” KEY TOPICSHow to break free from the conformity of the education system to create effective leaders.What we all need to unlearn from the broken school system we grew up in.The value of questioning authority, and what that looks like when done effectively.Why real-world experiences educate to a higher degree of success than a classroom ever will. CHAPTERS00:00 Intro: Defeating Bad Decision-Making in Life and Business03:15 Lessons from "Wasting" Time08:45 Freedom Within Structure12:30 Introducing Matt Beaudreau17:50 From Public School to Revolution: Building New Education Systems23:10 Education Failures: More Than Just Bad Grades30:00 Meta Skills: The Missing Link in Education35:45 Why Academia Isn't the Answer: Real Education Starts Here42:00 Leadership by Example: Matt's Approach to Raising Strong Men48:30 How to Foster Responsibility in Students54:15 The Role of Entrepreneurship in Education1:00:00 The Power of Mentorship in Youth Programs1:05:20 Empowering Students Through Choice and Consequence1:10:45 The Future of Education: Matt's Vision1:16:30 Final Thoughts: How to Rebuild Education Systems That Work CONNECT WITH US⁠⁠www.decidedlypodcast.com⁠⁠⁠Watch this episode on YouTube⁠Subscribe on ⁠⁠YouTube⁠⁠Instagram⁠⁠: @decidedlypodcastFacebook⁠⁠Shawn's ⁠⁠Instagram⁠⁠: @shawn_d_smithSanger's ⁠⁠Instagram⁠⁠: @sangersmith Thank you to Shelby Peterson of Transcend Media for editing and post-production of the Decidedly podcast. SANGER'S BOOK: ⁠⁠A Life Rich with Significance: Transforming Your Wealth to Meaningful Impact⁠⁠  SHAWN'S BOOK: ⁠⁠Plateau Jumping: What to Change When Change Is What You Want⁠⁠ MAKING A FINANCIAL DECISION?At ⁠⁠Decidedly Wealth Management⁠⁠, we focus on decision-making as the foundational element of success, in our effort to empower families to purposefully apply their wealth to fulfill their values and build a thriving legacy. LEARN MORE: ⁠⁠www.decidedlywealth.com⁠⁠  FREE WEEKLY NEWSLETTER https://visitor.r20.constantcontact.com/manage/optin?v=001aeU_pPBHJPNJWJBdVbaci6bjGIuEJurH12xHBWDEVT_NxyCadMd7wLSZjcEZglkSjDjehuIbTHD8nABOIdV69ctfYpSzg24RCIytetBUrlIPPKgaGzjGZ8DkM0Wp1LMjbErcYUur7PbZGjeVo4gyXlz821AoJGZR⁠⁠    CONNECT WITH MATT BEAUDREAUWebsites: ⁠https://apogeestrong.com⁠ // ⁠https://apogeepays.com⁠Instagram: @mattbeaudreau // @apogeeprogramThe Essential 11 Podcast: ⁠https://open.spotify.com/show/0hh0o1PvIC8c4fE2Wv6LiF⁠ Matt founded Acton Academy Placer Schools, using the Socratic method to foster self-directed, independent young leaders. He also co-founded Apogee Strong, a mentorship program for young men, and launched the Apogee Strong Dads Program in 2023. His podcast, The Essential 11, provides leadership insights from global experts. Additionally, Matt founded the Apogee Strong Foundation, offering scholarships to young men for educational and leadership opportunities.Matt Beaudreau is a renowned keynote speaker, consultant, and coach, working with clients like Wells Fargo, Honeywell, and the U.S. Air Force. A two-time TEDx speaker and former Corporate Trainer of the Year at Stanford University, he has spoken to over 250,000 people worldwide.

Building and growing winning teams – thoughts from a seasoned fintech leader on managing high-performing engineering teams. Detailed Summary: In this episode Naga Rishyender, Manager of Software Engineering at Discover Financial Services, shares his thoughts on building and managing high-performing engineering teams in the fast-evolving fintech space. He begins by discussing his career journey—from his education at UNCC to roles at Wells Fargo, Oracle, Amazon, and now Discover—highlighting the impact of his leadership on major projects like Amazon's “Pay with Affirm” feature. At Discover, he currently leads a team of engineers working on critical payment authorization systems, fraud prevention, and infrastructure modernization, with a strong focus on innovation and cloud technology. Naga goes on to detail his philosophy for assembling effective engineering teams. He emphasizes diversity—not just in background, but in experience levels—as a key to fostering collaboration, mentorship, and innovation. Psychological safety, clear roadmaps, and continuous learning opportunities are all pillars of his leadership approach to ensure team alignment and growth. The conversation also explores the evolving relationship between academia and the fintech industry. Naga praises the rise of fintech-specific courses in universities and highlights Discover's Student Rotational Program as a successful model for bridging the gap between education and real-world experience. He advocates for more industry-academic collaboration through mentorship, hackathons, internships, and curriculum development. These partnerships, he argues, prepare students more effectively for careers in fintech by offering practical experience, exposure to regulations, and insight into company cultures before graduation. More info: Discover FS: https://www.discover.com/ Naga Rishyendar: https://www.linkedin.com/in/naga-rishyendar-p/ Greg Palmer: https://www.linkedin.com/in/gregbpalmer/ Finovate: https://www.finovate.com ; https://www.linkedin.com/company/finovate-conference-series/ #fintech #leadership #engineering #financialservices #innovation #mentorship #finovate

Kris Kobach, Kansas Attorney General, discusses his state's efforts to combat ideological investments, leading to Wells Fargo's exit from the Net Zero Banking Alliance. He highlights Kansas' laws restricting ESG targets in state funds and the push for a constitutional amendment to elect Supreme Court justices, aiming for judicial accountability. Kobach also details Kansas' collaboration with ICE to deputize state law enforcement for immigration enforcement, prioritizing removal of criminal aliens. Lastly, he mentioned a lawsuit challenging the definition of "persons" in the 14th Amendment's apportionment clause, aiming to exclude illegal aliens from census counts. Additionally, Bobby Charles announces his candidacy for Maine governor in 2026, highlighting the state's issues with drug overdoses, education ranking at 49th, and high taxes. He lays out his agenda, to eliminate the income tax, aiming to attract residents and businesses. Charles criticizes the current governor and legislature for doubling the budget and affecting seniors' housing. He emphasizes his experience in combating organized crime and his stance on transgender issues, asserting that 98% of Mainers oppose boys in girls' sports. Finally, Seamus Bruner, director of research at the Government Accountability Institute and investigative journalist, unpacks recent revelations regarding Joe Biden's dealings related to Russia and Ukraine. He discusses the implications of newly declassified documents, the ongoing narrative surrounding the Obama administration, and the transparency issues that continue to affect national security. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In today's episode, Chandra Kapireddy, head of generative AI, machine learning, and analytics at Truist, delves into the evolving landscape of AI with a particular focus on how GenAI tools reshape the way Truist and similar organizations must navigate model risk management and regulations. GenAI is more versatile than traditional AI, he notes, yet its flexibility introduces new challenges around ensuring model reliability, validating outputs, and making sure that AI-driven decisions don't lead to unfair or opaque outcomes. Chandra's responsible AI approach at Truist is focused on risk mitigation while emphasizing the importance of human oversight in high-stakes decision-making. He points out that while GenAI can vastly improve productivity by handling repetitive or analysis-heavy tasks, it's essential to properly train employees in order to use the tools effectively and not over-rely on their outputs, especially given their tendency to hallucinate or produce inaccurate results. Read the episode transcript here. Guest bio Chandra Kapireddy is head of generative AI, machine learning, and analytics, at Truist. He brings over 27 years of experience building and leading world-class data, analytics, and artificial intelligence teams to the financial services firm. Kapireddy has held key leadership positions at some of the industry's leading companies, including Capital One, Wells Fargo, Bank of America, Oracle, and Amazon Web Services. Most recently, he served as managing director and head of AI/ML products for JPMorgan Chase, where he served on the firm's AI Executive Council, which influences its strategy, products, controls, and governance. Me, Myself, and AI is a collaborative podcast from MIT Sloan Management Review and Boston Consulting Group and is hosted by Sam Ransbotham and Shervin Khodabandeh. Our engineer is David Lishansky, and the executive producer is Allison Ryder. Stay in touch with us by joining our LinkedIn group, AI for Leaders at mitsmr.com/AIforLeaders or by following Me, Myself, and AI on LinkedIn. We encourage you to rate and review our show. Your comments may be used in Me, Myself, and AI materials.

After a Thursday sell-off that negated much of Wednesday's historic rally in stocks, David Faber and Jim Cramer discussed what's next for investors after a volatile week for equities and the 10-year Treasury yield topping 4.5-percent. China retaliates against the U.S. by raising tariffs on American goods to 125-percent. The financial sector kicks off earnings season with quarterly results from JPMorgan Chase, Wells Fargo, BlackRock and Morgan Stanley. BlackRock CEO Larry Fink joined the anchors at Post 9 and offered his take on issues including tariffs, inflation and market volatility. Also in focus: JPMorgan Chase CEO Jamie Dimon's earnings call comments on tariffs and recession risks. Squawk on the Street Disclaimer

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

About the Guest(s):Brent Uhlenhopp is a financial expert with a rich background in the finance and insurance industry. He is currently an ETF manager at Simplify Asset Management, a company renowned for its innovative financial solutions. Brent holds a degree from the University of Iowa and has previously worked with major finance groups such as Wells Fargo and Principal Financial Group, where he gained extensive experience in investment products and mutual funds. He joined Simplify in mid-2023, attracted by the firm's cutting-edge approach to incorporating derivatives to enhance ETFs.Episode Summary:On this episode of the Uncommon Wealth Podcast, host Phillip Ramsey welcomes Brent Uhlenhopp, an ETF manager from Simplify. The conversation delves into Brent's professional journey, highlighting his transition from Principal Financial Group to the innovative startup Simplify. Listeners are introduced to the intriguing world of ETFs and the unique strategies Simplify employs to offer diversified and robust investment products. With a broad background in financial services, Brent shares his insights on how regulatory changes in 2020 enabled more dynamic use of derivatives in finance.The episode explores Simplify's forefront role in revolutionizing ETFs by leveraging options and derivatives to enhance returns and provide downside protection. Brent and Phillip discuss Simplify's unique offerings, including their highly impactful Simplify Healthcare ETF, ticker symbol "PINK," which donates proceeds to the Susan G. Komen Foundation for breast cancer research. Brent articulates the importance of innovation in financial instruments, making institutional-grade strategies accessible to retail investors.

Missouri Attorney General Andrew Bailey discusses a historic $24 billion judgment against China for actions during the COVID-19 pandemic, including lying and hoarding medical supplies. He emphasizes the importance of the Foreign Sovereign Immunities Act in seizing Chinese assets. Bailey also criticizes Planned Parenthood for trafficking Missouri minors for abortions and praised a recent victory against Wells Fargo's ESG policies. He condemns the Green Belt Express Project's use of eminent domain and called for judicial reform to curb overreach. Bailey highlights Missouri's struggles with human trafficking and fentanyl deaths due to open border policies. Additional interview with Tennessee Senator Marsha Blackburn, who discusses the state's recent tornadoes, praising the President's prompt emergency declaration. She criticizes FEMA's slow response and highlighted the need for judicial reform, emphasizing the lack of constitutional authority for nationwide injunctions. Blackburn also addresses Boeing's work culture and whistleblower issues, and the potential security risks of Chinese investments in aviation. Finally, Rich Baris, Director of Big Data Poll, shares insights on the latest polling information.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Dimensional Fund Advisors (DFA) and Vanguard have intersecting histories rooted in the development of the first-ever index fund. Vanguard's market-cap weighted index funds have been nothing short of revolutionary and they became synonymous with sensible investing for many good reasons, but Dimensional took implementing the ideas from academic finance a few steps further, leading to their own deserved acclaim. In today's episode, Ben and Dan analyze over 30 years of history between DFA and Vanguard, from their founding and relationship to their rise as global leaders in asset management. We discover how their approaches to foundational finance theory differ, whether diversification is mostly semantics, and how DFA and Vanguard compare to one another over 25 years of matched US-domiciled mutual funds. We also discuss which approach is easier to implement, essential insights for fund advisors, DFA's downsides despite its long-term outperformance of the Vanguard 500, and an uplifting cancer update from Ben in today's After Show. For practical investment takeaways, tune in today!   Key Points From This Episode:   (0:01:14) Unpacking DFA and Vanguard's history and relationship. (0:03:10) Mac McQuown and the birth of index funds at Wells Fargo in 1964.  (0:07:48) How DFA and Vanguard became global leaders in asset management. (0:10:43) Understanding DFA and Vanguard's approach to foundational finance theory. (0:19:34) The semantics of diversification.  (0:22:22) Comparing 25 years of matched Dimensional and Vanguard US mutual funds. (0:33:36) Which fund advisor's approach is easier for others to implement and why.   (0:39:30) How DFA has outperformed Vanguard in the long run (with downsides to consider).  (0:43:09) Recapping today's conversation: what every fund advisor needs to know. (0:46:41) The After Show: Ben's cancer update, Dan as co-host, and listener reviews.   Links From Today's Episode: Meet with PWL Capital — https://calendly.com/d/3vm-t2j-h3p Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582 Rational Reminder Website — https://rationalreminder.ca/  Rational Reminder on Instagram — https://www.instagram.com/rationalreminder/ Rational Reminder on X — https://x.com/RationalRemindRational Reminder on TikTok — www.tiktok.com/@rationalreminder Rational Reminder on YouTube — https://www.youtube.com/channel/ Rational Reminder Email — info@rationalreminder.caBenjamin Felix — https://pwlcapital.com/our-team/ Benjamin on X — https://x.com/benjaminwfelix Benjamin on LinkedIn — https://www.linkedin.com/in/benjaminwfelix/ Dan Bortolotti on LinkedIn — https://www.linkedin.com/in/dan-bortolotti-8a482310/  Canadian Couch Potato — https://canadiancouchpotato.com/  Dimensional — https://www.dimensional.com/  Vanguard — https://investor.vanguard.com/   ‘Remembering John “Mac” McQuown, Whose Curiosity Drove a Life of Innovation' — https://www.dimensional.com/dk-en/insights/remembering-john-mac-mcquown-whose-curiosity-drove-a-life-of-innovation   ‘Episode 182: John “Mac” McQuown: The Data Will Sort That Out' — https://rationalreminder.ca/podcast/182  Wells Fargo — https://www.wellsfargo.com/  ‘Episode 131: David Booth: The First Index Fund, Competing Fiercely, and Keeping it Simple' — https://rationalreminder.ca/podcast/131  William F. Sharpe | Stanford University — http://web.stanford.edu/~wfsharpe/bio/bio.htm  ‘Episode 316 - Andrew Chen: "Is everything I was taught about cross-sectional asset pricing wrong?!"' — https://rationalreminder.ca/podcast/316   Marco Salmon on LinkedIn — https://www.linkedin.com/in/marco-a-salmon-a63512284     Books From Today's Episode:  The Incredible Shrinking Alpha — https://www.amazon.com/dp/0857198246    Papers From Today's Episode:  ‘The relationship between return and market value of common stocks' — https://doi.org/10.1016/0304-405X(81)90018-0   ‘Market Efficiency' — https://www.jstor.org/stable/246460  ‘The Cross-Section of Expected Stock Returns' — https://doi.org/10.2307/2329112  ‘A Five-Factor Asset Pricing Model' — https://dx.doi.org/10.2139/ssrn.2287202  ‘The Performance of Mutual Funds in the Period 1945-1964' — https://dx.doi.org/10.2139/ssrn.244153   ‘The Death of Diversification Has Been Greatly Exaggerated' — https://ssrn.com/abstract=2998754 

By the early 1880s, Charley Boles – known as Black Bart – is one of the most prolific stagecoach robbers in the American West. Wells Fargo detectives have been chasing him for years with no luck. But when Charley suffers unexpected resistance during a robbery, he leaves behind key evidence. Detectives finally learn the identity of the gentleman outlaw and bring an end to Black Bart's legendary career. Join Black Barrel+ for ad-free episodes and bingeable seasons: blackbarrel.supportingcast.fm/join Apple users join Black Barrel+ for ad-free episodes, bingeable seasons and bonus episodes. Click the Black Barrel+ banner on Apple to get started with a 3-day free trial. For more details, visit our website www.blackbarrelmedia.com and check out our social media pages. We're @OldWestPodcast on Facebook, Instagram and Twitter. On YouTube, subscribe to LEGENDS+ for ad-free episodes and bingeable seasons: hit “Join” on the Legends YouTube homepage. Learn more about your ad choices. Visit megaphone.fm/adchoices

My guest is Stuart McMillan, a renowned track and field coach who has trained dozens of Olympic medalists, professional athletes, and team coaches across a diverse range of sports. We discuss how to use plyometric work to improve mobility, strength, posture, and overall health. We emphasize the enormous benefits of skipping—a form of plyometrics—for joint health, aerobic conditioning, and coordination, as well as its advantages for people of all ages and fitness levels. We also explore the expressive nature of human movement, highlighting how certain movements reveal and can evolve one's unique personality and abilities. Stu explains how resistance training, skipping, and striding can improve movement efficiency in all aspects of life. Anyone who exercises, as well as serious athletes, will benefit immensely from Stu McMillan's knowledge of human mechanics and the practical tools he generously shares in this discussion. Read the full episode show notes at hubermanlab.com. Thank you to our sponsors AG1: https://drinkag1.com/huberman Our Place: https://fromourplace.com/huberman Wealthfront**: https://wealthfront.com/huberan Helix Sleep: https://helixsleep.com/huberman Function: https://functionhealth.com/huberman **This experience may not be representative of the experience of other clients of Wealthfront, and there is no guarantee that all clients will have similar experiences. Cash Account is offered by Wealthfront Brokerage LLC, Member FINRA/SIPC. The Annual Percentage Yield (“APY”) on cash deposits as of December 27,‬ 2024, is representative, subject to change, and requires no minimum. Funds in the Cash Account are swept to partner banks where they earn the variable‭ APY. Promo terms and FDIC coverage conditions apply. Same-day withdrawal or instant payment transfers may be limited by destination institutions, daily transaction caps, and by participating entities such as Wells Fargo, the RTP® Network, and FedNow® Service. New Cash Account deposits are subject to a 2-4 day holding period before becoming available for transfer. Timestamps 00:00:00 Stuart McMillan 00:02:27 Running, Sprinting, Event Distances 00:09:01 Sponsors: Our Place & Wealthfront 00:12:13 Natural Sprinters, Kids, Sports Specialization 00:17:00 Athletes, Identity, Race Selection 00:23:38 Walking to Sprinting, Gait Patterns, Tool: Flat-Foot Contact 00:30:35 Visual Focus, Body Position, Running, Lifting Weights 00:36:00 Tool: Skipping & Benefits 00:42:18 Sponsors: AG1 & Helix Sleep 00:45:01 Tools: Skipping, Beginners, Jogging Incorporation 00:49:50 Transition Points, Tool: Skipping, Maximum Amplitude 00:53:03 Concentric & Eccentric Phases, Running 00:55:32 Transitioning to Striding, Posture, Center of Mass 01:03:11 Older Adults, Eccentric Control, Tool: Skipping 01:08:00 Naming Importance & Public Health; Skipping, Plyometrics 01:12:18 Sponsor: Function 01:14:06 Cross-Body Coordination, Rotation, Gaits; Phones & Posture 01:22:27 Expression Through Movement, Playfulness, Confidence 01:28:53 Being Yourself, Expression, Essence & Movement 01:36:39 Connecting with Movement, Building Cues, Mood Words 01:45:05 Pressure & Peace; Exercise, Movement & Age 01:51:39 Music, Art, Rhythm, Coaching; Soccer, Greatest Players & Countries 02:00:25 White & Black Athletes, Genetics, Environment 02:08:27 Running Form, Tools: High Knees, Stiff Springs, Hip Extension 02:17:21 Skipping Rope, Aging; Protocols & Rigidity, Principles Alignment 02:22:12 Resistance Training to Improve Movement, Sprinting Kinetics, Individualization 02:32:29 Transferring Weight Room to Track, Staggered Stance, Stretching 02:36:52 Performance-Enhancement, Elite Athletes, Androgen, Reputation 02:46:45 Testosterone Replacement Therapy (TRT), Age; Pharmacology vs. Training 02:52:14 Single Physical Metric & Sprinting; Pressure & Peace 02:58:34 Zero-Cost Support, YouTube, Spotify & Apple Follow & Reviews, Sponsors, YouTube Feedback, Protocols Book, Social Media, Neural Network Newsletter