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A rare meeting between US President Donald Trump and Chinese leader Xi Jinping in South Korea has brought a 10 percent reduction in US tariffs and a one-year postponement of China's rare-earth export controls, a limited de-escalation of the two countries' trade war. Also in this edition: America's central bank cuts interest rates for the second time this year, amid a lack of economic data due to the ongoing US government shutdown.
The DEKALB® and Asgrow® seed brands are launching 43 new products for 2026. In this episode of Managing for Profit, DEKALB Brand Manager Jamie Horton and Asgrow Brand Manager Brittany Eubank discuss how exclusive genetics and advanced trait protection help farmers maximize performance in their fields. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
In the latest LPL Market Signals podcast, Chief Equity Strategist Jeffrey Buchbinder and Chief Fixed Income Strategist Lawrence Gillum celebrate new highs for more than just the S&P 500, explain why Treasury yields have been falling, share five things that might spook markets, and preview a very busy week including the Fed meeting. Tracking: #816938
In this episode of Spotlight on Soybeans, the Missouri Soybean Association's Yield Contest is back, and Field Services Manager Dylan Anderson has more details on how to enter the contest.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
In This Episode:Why Treasuries are having their strongest October in years.The significance of the negative stock–bond correlation and what it signals for portfolios.Inflation and labor market trends supporting potential Fed rate cuts.How gold, palladium, and other metals fit into a late-cycle allocation.Our portfolio adjustments: longer-duration Treasuries, selective pro-cyclical tilts, and risk management strategies.Why loose financial conditions continue to support speculation — and how we're positioning for the next phase of the cycle.Resources & Links:Subscribe to our Dantes Outlook Substack for full market intelligence updates and model portfolio insights.Email our team: damanick@dantesoutlook.com for private client access and portfolio consultation.
JP Morgan and other banks issued warnings on the expansion of stablecoin yield products: noting the current trend of stablecoin adoption, but warned about yield-based apps and products effects on incumbent Banks.GUEST: Stephen Mackintosh, Chief Investment Officer, Sui Group HoldingsSui Group ➜ https://suig.io/00:00 Intro00:10 Banks vs Yields: Will banks win banning Coinbase from offering yields?01:50 SUIG Stablecoin: Native benefits + Wen Live?05:00 Deepbook USD $DBUSD coming soon07:20 Does SUIG replace the SuiPlay Game Dollar?08:50 Will there be a mass exodus to DeFi?10:45 Latest update on Sui Treasury? $MCVT15:00 Will treasury utilize vaults like Kai? (6% APY)16:20 What could be Sui's breakout app?19:40 Outro#Crypto #Ethereum #bank ~Banks vs Sui DeFi Stablecoin Yields
JPMorgan Chase's massive $3 Billion headquarters, the tallest all-electric skyscraper in New York City, is now open. Meanwhile, Jamie Dimon unites with the big Bank lobby to end Coinbase interest yields on stablecoins.~This Episode is Sponsored By Coinbase~ Buy $50 & Get $50 for getting started on Coinbase➜ https://bit.ly/coinbasePBN00:00 Intro00:06 Sponsor: Coinbase00:25 JP Morgan $3 Billion Skyscraper00:52 No Cockroaches?01:32 Built on Fees01:53 Executives Kiss Jamie's Ass03:03 Paul Vomits Inside03:19 People Voting For Zohran03:45 Jamie Wants To Be More Corrupt04:37 Bank Lobby is Massive05:28 Banks vs Coinbase Yields06:02 Fed Agrees With Banks06:45 Fed Summit: Banks United Against Yields08:04 We getting Rug-Pulled?08:52 Eric Trump wants to kill banks09:53 Banks vs DeFi10:18 $RLUSD Yields10:55 Ripple Bank License in 7 Days11:29 Jamie vs Brad Garlinghouse11:55 outro#Crypto #bank #XRP~Banks Unite Against Crypto Yields!
DEKALB corn traits are built on strong genetics and proven performance to deliver consistent results year after year. In this episode of Managing for Profit, DEKALB Asgrow Technical Agronomist Jim McDermott says the brand continues to provide trait packages that help farmers manage disease pressure, pests, and weather stress to protect yield.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
US-Ukraine Summit Yields No Tomahawk Commitment; Focus on Attrition. John Hardie and Bill Roggio discuss how reports suggest President Trump pressed Zelensky to agree to a ceasefire based on Russian territorial demands, though no commitment was made on providing Tomahawk missiles. Tomahawks would provide Ukraine with a highly useful long-range strike capability but would not be a "wonder weapon." With Russia holding a material advantage, Ukraine's best strategy is exhausting Russia's offensive potential by inflicting disproportionate attrition, independent of Trump's softening support. 1905 ODESSA
US-Ukraine Summit Yields No Tomahawk Commitment; Focus on Attrition. John Hardie and Bill Roggio discuss how reports suggest President Trump pressed Zelensky to agree to a ceasefire based on Russian territorial demands, though no commitment was made on providing Tomahawk missiles. Tomahawks would provide Ukraine with a highly useful long-range strike capability but would not be a "wonder weapon." With Russia holding a material advantage, Ukraine's best strategy is exhausting Russia's offensive potential by inflicting disproportionate attrition, independent of Trump's softening support. 1899 UKRAINE
Alex Noll, a farmer whose operation has earned national recognition for both corn and wheat yields, shares how he achieved a remarkable 340.39 bu/acre corn yield and consistent top finishes in dryland wheat. Alex explains his crop rotation strategy—especially how following wheat can boost corn and soybean yields by 5–8% and grain sorghum by nearly 30 bu/acre in dry conditions—and how he balances contest-level ambition with economic reality.Matt, another Kansas producer, joins the conversation to highlight the practical side of yield pursuit: evaluating inputs by “yield-per-dollar,” tracking field data, and using AgXplore tools to guide smarter investments.Representing AgXplore, Jenna breaks down the agronomic science behind products like GroPak AI, Architech, Onward Max, and XR5 Sulfur, explaining how they enhance nutrient uptake, stress tolerance, and root vigor in clear, farmer-friendly terms. She also discusses how AgXplore's reps and data platforms help farmers evaluate ROI and build customized fertility programs tailored to their operations.Together, the group explores:When to invest and when to hold back—and how to make that call using real data.How contest-level practices can inform everyday farming decisions without breaking the bank.Balancing high yields with soil and biological health, ensuring long-term sustainability.Planning for 2026, from refining rotations to leveraging field trials and digital tools for next season's edge.This episode is a blueprint for farmers looking to elevate their yield game—grounded in practical experience, data-driven decisions, and the support of agronomic partners who understand that profit isn't just about bushels, it's about balance. Want Farm4Profit Merch? Custom order your favorite items today!https://farmfocused.com/farm-4profit/ Don't forget to like the podcast on all platforms and leave a review where ever you listen! Website: www.Farm4Profit.comShareable episode link: https://intro-to-farm4profit.simplecast.comEmail address: Farm4profitllc@gmail.comCall/Text: 515.207.9640Subscribe to YouTube: https://www.youtube.com/channel/UCSR8c1BrCjNDDI_Acku5XqwFollow us on TikTok: https://www.tiktok.com/@farm4profitllc Connect with us on Facebook: https://www.facebook.com/Farm4ProfitLLC/ Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Today on the Buck Junkies Podcast, we're talking about the Ins and Outs of deer processing with High Cotton Processing to tell y'all what REALLY happens to your deer this season!... Timestamps: 00:00 - Intro 00:14 - Welcome on Daniel & Scott of High Cotton Processing! 01:02 - Y'all check out the BRAND NEW giveaway!... 03:12 - Stories of taking deer to processors 07:20 - Where can you find High Cotton Processing? 08:09 - The process of droppin' a deer off at a Processor 14:30 - If you're gonna bring a deer to a processor, make sure you do it like THIS! 18:51 - You aren't ALWAYS gonna get as much meat as you think you are 21:35 - Is there a difference in meat yield pre or post rut? 22:45 - The behind the scenes of processing a deer 30:41 - The step by step of processing a deer 34:13 - Pricing on deer processing 37:00 - Adding fat to meat when processing 38:59 - The '300 pound doe' story 42:21 - Getting horns back from processing 45:52 - High Cotton Processing's FAVORITE products 48:01 - When can you bring a deer up to High Cotton 50:30 - Most popular products at High Cotton 54:28 - Do you test for CWD when processing deer? 59:05 - Everyone's FAVORITE way to cook ground deer 1:03:40 - High Cotton's Socials
Please Like, Comment and Follow 'Afternoons with Philip Teresi' on all platforms: --- Afternoons with Philip Teresi is available on the KMJNOW app, Apple Podcasts, Spotify, YouTube or wherever else you listen to podcasts. -- Afternoons with Philip Teresi Weekdays 2-6 PM Pacific on News/Talk 580 AM & 105.9 FM KMJ | Website | Facebook | Instagram | X | Podcast | Amazon | See omnystudio.com/listener for privacy information.
In this episode:Key findings from the Q3 2025 Market Intelligence ReportWhy asset dispersion is narrowing and what that means for diversificationWhere our models see strength—select metals, emerging markets, and durationThe implications of a neutral dollar and extended U.S. equitiesHow we're positioning portfolios for selective exposure and flexibilityReferenced in this episode:Dantes Outlook Market Intelligence Report (Q3 2025)Substack: https://dantesoutlook.substack.comLearn more: https://dantesoutlook.com
Please Like, Comment and Follow 'Afternoons with Philip Teresi' on all platforms: --- Afternoons with Philip Teresi is available on the KMJNOW app, Apple Podcasts, Spotify, YouTube or wherever else you listen to podcasts. -- Afternoons with Philip Teresi Weekdays 2-6 PM Pacific on News/Talk 580 AM & 105.9 FM KMJ | Website | Facebook | Instagram | X | Podcast | Amazon | See omnystudio.com/listener for privacy information.
HANetf co-CEO Hector McNeil talked with Proactive's Stephen Gunnion about the company's growing range of covered call ETFs, including the REX and YieldMax ranges, which are delivering some of the highest projected yields in the market. McNeil said that HANetf's products are designed to meet growing investor demand for income-generating strategies, as covered call ETFs use a mix of dividends and option premiums to generate returns. “The lowest one we have in the REX range is sort of 20, 22, 23% annualised, all the way up to mid 30s,” McNeil explained, adding that YieldMax products can reach up to 59% with the MSTY ETF. The REX lineup covers crypto, blockchain, miners, and technology sectors, while the YieldMax range includes strategies focused on large-cap tech and single-stock exposure to MicroStrategy. McNeil said both ranges are managed by highly experienced active managers who trade daily options, providing investors with a new way to earn yield beyond traditional dividend strategies. He added that the success of covered call ETFs in the US is now being mirrored in Europe, with HANetf seeing around $100 million in assets across the REX and YieldMax offerings. Visit Proactive's YouTube channel for more interviews like this one, and don't forget to give the video a like, subscribe, and enable notifications for future updates. #HANetf #HectorMcNeil #CoveredCallETF #YieldMax #REXETF #ETFinvesting #IncomeStrategies #DividendIncome #MicroStrategyETF #ProactiveInvestors
Welcome back to the Farmer Rapid Fire on RealAg Radio, brought to you by Pioneer Seeds Canada! On today's show, your host Shaun Haney is joined by: Dan Petker of Norfolk, Ont. Tracy Court of Plumas, Man.; Sarah Weigum of Three Hills, Alta.; Josh Lade of Osler, Sask.; and, Pioneer agronomist Greg Stopps, based in... Read More
Welcome back to the Farmer Rapid Fire on RealAg Radio, brought to you by Pioneer Seeds Canada! On today's show, your host Shaun Haney is joined by: Dan Petker of Norfolk, Ont. Tracy Court of Plumas, Man.; Sarah Weigum of Three Hills, Alta.; Josh Lade of Osler, Sask.; and, Pioneer agronomist Greg Stopps, based in... Read More
Silver prices have surged strongly as a historic short squeeze in London has intensified. Are tokenized asset chains like Ethereum and Polygon set to gain from this narrative push?~This episode is sponsored by iTrust Capital~iTrustCapital | Get $100 Funding Reward + No Monthly Fees when you sign up using our custom link! ➜ https://bit.ly/iTrustPaul00:00 Intro00:10 Demand Shock00:45 Silver borrowing costs01:00 Andy Schectman: “We got a major problem”01:50 USA ships silver to London02:15 Andy Schectman: “London story is bs"03:15 Stashing on flights03:45 Andy Schectman: “one week left of silver”04:50 Mike Maloney: Bank of America silver price prediction is hilarious05:30 Gold hit 4200 today05:50 No tokenized silver?06:10 Sponsor: iTrust Capital06:30 Tiamonds Supply06:55 Denario Silver Tokens07:30 Yields are coming eventually07:55 Both are on polygon08:05 L2's recovered better08:20 Sandeep: L2 season is coming NOW09:15 Recurring transactions09:40 Coinbase delisting MATIC for POL10:00 Sandeep: The token migration hurt our narrative10:35 Migration Done11:10 First to $5k12:00 Outro#Silver #Gold #ethereum~
Harvest observations can help farmers build a smarter disease management plan for next year. In this episode of Managing for Profit, Minnesota-based Channel Technical Agronomist Derek Crompton says proactive management is the best way to protect yield. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The success of a maize crop begins long before green shoots break through the soil – it starts with germination. In this episode, Kerry Rowlands, seasoned field agronomist at Pannar Seed, unpacks why planting depth, soil moisture, and nutrient support are the “terms and conditions” for a strong start.From the science behind seed activation to the risks of cold injury and the role of starter fertilisers like phosphate and zinc, Kerry explains how small adjustments at planting can make a big difference at harvest. We also explore how biostimulants and plant growth regulators are giving farmers an extra edge in stressful conditions.
Barrington got big plays on offense, defense and special teams in a two-score win over Fremd on Friday.Become a supporter of this podcast: https://www.spreaker.com/podcast/friday-night-drive--3534096/support.
Ted Oakley, Managing Partner at Oxbow Advisors, joins us to discuss market euphoria, the Fed's missteps, cracks in private credit, and why inflation may soon roar back. We also touch on gold's record rally, the “1999” parallels, and how investors should position for what's coming next.#stockmarketcrash #gold #federalreserve ------------Thank you to our #sponsor MONEY METALS. Make sure to pay them a visit: https://bit.ly/BUYGoldSilver------------
Bayer Crop Science continues to emphasize innovation and is working to address the evolving needs of corn farmers today. In this episode of Managing for Profit, Todd Heap, Bayer Global Corn Strategy Lead, discusses the exciting products coming out of Bayer's corn traits pipeline and how they're set to revolutionize farming.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Agent's Negotiation Yields Financial Boost for Kuminga Despite Falling Short on Player Option by Jaggy Sports
realDGC.com
realDGC.com
SummaryCrypto is moving fast, from meme coins to serious institutional plays. In this episode of the ATX DAO Podcast, Luke, Ash, and Tom break down the latest on ETFs hitting the market, including Dogecoin's surprising debut with $6M in volume before lunch. They explore how new SEC guidance could open the floodgates for a wider range of crypto assets, while billions flow into Solana DATs from top funds. The hosts also dig into staking yields that leave banks in the dust, like Coinbase offering 10% on USDC, and what that means for everyday users chasing better returns.Luke, Ash, and Tom also dive into Coinbase's growing influence, from speculation about a potential Base token launch to the company's push toward on-chain products that feel more like mainstream financial tools. With the mix of regulatory green lights, ETF hype, and evolving yield opportunities, the episode captures the energy of a market that feels both chaotic and optimistic. Whether you are doomscrolling Crypto Twitter or just trying to keep up with the headlines, this roundtable delivers insights with a healthy dose of humor.Chapters02:46 Market Trends and Crypto Developments05:54 SEC Guidance and ETF Approvals08:28 Solana and New Developments in DeFi11:33 Coinbase's Innovations and Future Prospects14:25 The Role of Tokens in Blockchain Ecosystems17:14 Coinbase's Banking Transition and Market Position20:18 Closing Thoughts and Future EpisodesCheck out our friends at Tequila 512:Website: https://www.tequila512.comSocials: X (Twitter) | Instagram | TikTok | FacebookTo learn more about ATX DAO:Check out the ATX DAO websiteFollow @ATXDAO on X (Twitter)Subscribe to our newsletterConnect with us on LinkedInJoin the community in the ATX DAO DiscordConnect with the ATX DAO Podcast team on X (Twitter):Ash: @ashinthewildLuke: @Luke152Tom: @Tommyg_25Support the Podcast:If you enjoyed this episode, please leave us a review and share it with your network.Subscribe for more insights, interviews, and deep dives into the world of Web 3.
Harvest is rolling on throughout the region. Jeff Stachler, Cropping Systems Specialist at the Carrington Research Extension Center discusses some of the yields and progress with this year’s soybean harvest in North Dakota.See omnystudio.com/listener for privacy information.
In this Bell Work Talk, Dr. Jamie Lewis Saye discusses her team's pilot study comparing blind swab and speculum-assisted evidence collection during sexual assault forensic medical examinations. She highlights how both methods yield similar rates of Y-screen positivity and CODIS-eligible DNA profiles, underscoring the potential of less invasive approaches to improve survivor participation in evidence collection while maintaining forensic integrity. Dr. Jamie Lewis Saye, DNP, CNM, APRN, SANE-A, is an Assistant Professor in the Wellstar School of Nursing at Kennesaw State University and Clinical Director of the SAFE Center. A certified nurse-midwife and experienced Sexual Assault Nurse Examiner, Dr. Saye brings over a decade of experience in forensic nursing, trauma-informed care, and interdisciplinary community-academic collaboration. Her research focuses on strengthening forensic evidence collection practices, advancing survivor-centered policies, and improving health and legal outcomes for victims of violence. Dr. Saye recently led a multi-site pilot study across 13 sexual assault centers in the Southeastern U.S. that compared blind swab and speculum-assisted vaginal/cervical specimen collection methods. These findings inform both clinical training and policy, supporting survivor-centered and trauma-informed approaches in forensic nursing practice. Resources: Saye, J. L., et al. (2025). From Kit to CODIS: Comparing DNA Profile Yields from Blind Swabs and Speculum-Guided Collection. [Manuscript in development / forthcoming publication] Office on Violence Against Women (OVW). (2024). National Protocol for Sexual Assault Medical Forensic Examinations: Adults/Adolescents (3rd ed.). Campbell, R., Javorka, M., Gregory, K., Vollinger, L., & Ma, W. (2021). The Right to Say No: Why Adult Sexual Assault Patients Decline Medical Forensic Exams and Sexual Assault Kit Evidence. Journal of Forensic Nursing, 17(1), 3-14. RAINN (2025). Sexual Assault Statistics. https://www.rainn.org/statistics Survey: We'd really like to learn more about what you think of the podcast, and what you'd like to hear in future episodes. https://forms.gle/dos4a11PEmCgth7Z8 Warning: Mentions of sexual assault, forensic examination procedures, and trauma.
With the U.S. government shutdown in effect, the market's initial reaction has been relatively calm says Kevin Green, but that could change if the stalemate continues. The 10-year yield is currently flat, and the dollar is holding steady, but a prolonged shutdown could lead to a sell-off in equities and a flight to safety in Treasuries. KG notes that the ADP jobs report will take on added importance in the absence of the non-farm payrolls data, which was scheduled for Friday. For today's session, KG's S&P 500 (SPX) targets for the day are 6675 to the upside and 6600 to the downside, with a focus on defensive sectors like utilities, consumer staples, and healthcare.======== 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
Ontario’s winter wheat crop has exceeded expectations, as the province has officially surpassed the 100 bushel per acre average yield mark, clocking in at 100.4 bu/ac (yes, the .4 matters!) But while Wheat Pete is celebrating that milestone, there are concerns this week as parts of Ontario are bone dry, mildew is flaring up in... Read More
Ontario’s winter wheat crop has exceeded expectations, as the province has officially surpassed the 100 bushel per acre average yield mark, clocking in at 100.4 bu/ac (yes, the .4 matters!) But while Wheat Pete is celebrating that milestone, there are concerns this week as parts of Ontario are bone dry, mildew is flaring up in... Read More
Hugh Pegrum has been farming in Essex for many years and he looks at some of the issues effecting agriculture as he talks to Ken Crowther. #borage #oilseedrape #fields #farms #defra == We're delighted to have Gro-rite Horticulture sponsoring World Radio Gardening, find out about automatic pot watering systems available for mail order delivery: bit.ly/3wCPyHy Also, don't forget – if you like what we do, why not tip Ken and team with a coffee – Buy us a coffee (bit.ly/48RLP75) – as a thank you for the work done to bring this website to life.
In this week's Grow Guides, we dig into some essential skills every grower needs to master: Reading trichomes to know when to harvest – the best way to judge peak potency and flavour. Hermaphroditism in cannabis – what causes plants to turn hermie, how to prevent it, and what to do if it happens. Training techniques to increase yields – from topping to LST, how to shape your plants for maximum bud production. Choosing the right pot size – how container size impacts plant health, growth speed, and final harvest weight. We also answer some listener mail, including an interesting discussion about the use of CBD for dogs. Another packed episode full of practical grow advice to help you avoid mistakes and get the most out of your plants!
Yields and Forward Rates Business Finance, FIL 240-002, Autumn 2025, Lecture 11 Type: mp3 audio file ©2025
Yields and Forward Rates Business Finance, FIL 240-001, Autumn 2025, Lecture 11 Type: mp3 audio file ©2025
SUBSCRIBE to our newsletter: https://riskreversalmedia.beehiiv.com/subscribe Dan Nathan & Guy Adami break down the top market headlines and bring you stock market trade ideas for Monday, September 22nd Links Move Over, Treasuries. These Are the New Safe Assets (Barron's) How Crypto Upended Financial Markets and What Comes Next (The Information) -- Learn more about FactSet: https://www.factset.com/lp/mrkt-callMRKT Call is brought to you by our presenting sponsors CME Group, FactSet, SoFi & MoneyLionSign up for our emailsFollow us on Twitter @MRKTCallFollow @GuyAdami on TwitterFollow @CarterBWorth on TwitterFollow us on Instagram @RiskReversalMediaLike us on Facebook @RiskReversalWatch all of our videos on YouTube Learn more about your ad choices. Visit megaphone.fm/adchoices
On Wednesday, the Fed announced its first rate cut in nine months. While the reduction was widely expected, our Global Head of Macro Strategy Matthew Hornbach and Chief U.S. Economist Michael Gapen explain the data that markets and the Fed are watching.Read more insights from Morgan Stanley.----- Transcript ----- Matthew Hornbach: Welcome to Thoughts on the Market. I'm Matthew Hornbach, Global Head of Macro Strategy.Michael Gapen: And I'm Michael Gapen, Morgan Stanley's Chief U.S. Economist.Matthew Hornbach: Our topic today is the Fed's first quarter percent rate cut in 2025. We're here to discuss the implications and the path forward. It's Thursday, September 18th at 10am in New York. So, Mike, the Fed concluded its meeting on Wednesday. What was the high-level takeaway from your perspective?Michael Gapen: So, I think there's two main points here. There's certainly more that we can discuss, but two main takeaways for me are obviously the Fed is moving because it sees downside risk in the labor market.So, the August employment data revealed that the hiring rate took a large step down and stayed down, right. And the Fed is saying – it's a curious balance in the labor market. We're not quite sure how to assess it, but when employment growth slows this much, we think we need to take notice.So, they're adjusting their view. We'll call it risk management 'cause that's what Powell said. And saying there's more risk of worse outcomes in the labor market, keeping a restricted policy stance is inappropriate, we should cut. So that's part one. I think he previewed all of that in Jackson Hole. So, it was largely the same, but it's important to know why the Fed's cutting. The second thing that was interesting to me is as much as he, Powell in this case, tried to avoid the idea that we're on a preset path. That, you know, policy is always data dependent and it's always the meeting-to-meeting decision – we know that. But it does feel like if you're recalibrating your policy stance because you see more downside risk to the labor market, they're not prepared to just do once and go, ‘Well, maybe; maybe we'll go again; maybe we won't.' The dot plots clearly indicate a series of moves here. And when pressed on, well, what's a 25 basis point rate cut going to do to help the labor market, Powell responded by, well, nothing. 25 basis points won't really affect the macro outcome, but it's the path that that matters. So, I do think; and I use the word recalibration; Powell didn't want to use that. I do think we're in for a series of cuts here. The median dot would say three, but maybe two; two to three, 75 basis points by year end. And then we'll see how the world evolves. Matthew Hornbach: So, speaking of the summary of economic projections, what struck you as being interesting about the set of projections that we got on Wednesday? And how does the Fed's idea of the path into 2026 differ from yours?Michael Gapen: Yeah. Well, it was a lot about downside risk to the labor market. But what did they do? They revised up growth. They have the unemployment rate path lower in the outer years of their forecast than they did before, so they didn't revise down this year. But they revised down subsequent years, and they revised inflation higher in 2026. That may seem at odds with what they're doing with the policy rate currently.But my interpretation of that is, you know, the main point to your question is – they're more tolerant of inflation as the cost or the byproduct of needing to lower rates to support the labor market. So, if this all works, the outlook is a little stronger from the Fed's perspective. And so, what's key to me is that they are… You know, the median of the forecast, to the extent that they align in a coherent message, are saying, we're going to have to pay a price for this in the form of stronger inflation next year to support the labor market this year. So that means in their forecast – cuts this year, but fewer cuts in 2026 and [20]27. And how that differs from our forecast is we're not quite as optimistic on the Fed, as the Fed is on the economy. We do think the labor market weakens a little bit further into 2026. So, you get four consecutive rate cuts upfront, again, inclusive of the one we got on Wednesday. And then you get two additional cuts by the middle of 2026. So, we're not quite as optimistic. We think the labor market's a little softer. And we think the Fed will have to get closer to neutral, right? Powell said we're moving “in the direction of neutral.” So, he's not committing to go all the way to neutral. And we're just saying we think the Fed ultimately will have to do that, although they're not prepared to communicate that now.Matthew Hornbach: One of the things that struck me as interesting about the summary of economic projections was the unemployment rate projection for the end of this year. So, the way that the Fed delivers these projections is they give you a number on the unemployment rate that represents the average unemployment rate in the fourth quarter of the specified year. And in this case, the median FOMC participant is projecting that the unemployment rate will average 4.5 percent. And that's what we're forecasting as well, I believe. And so, what struck me as interesting is that with an average unemployment rate of 4.5 percent in the fourth quarter of the year, which is up about 0.2 percent from today's unemployment rate of 4.3 – the Fed is only projecting one additional rate cut in 2026. And I'm curious, do you think that if we in fact get to the end of this year, and it looks like the unemployment rate has averaged about 4.5 percent – do you expect the Fed to continue to forecast only one rate cut in 2026?Michael Gapen: Yeah, I think that's… Um. The short answer is no. I think that's a challenging position to be in. And by that, I mean, in addition to that unemployment rate forecast where it's 4.5 percent for the average of the fourth quarter, which could mean December's as high as 4.6; we don't know what their monthly forecast is.But that would mean the unemployment rate's risen about a half a percentage point from its lows a few months ago. And they have inflation rising to 3 percent. Core PCE is already 2.9. So, inflation is about where it is today; [it's] a touch firmer. But the unemployment rate has moved higher. And so, what I would say is they haven't seen a lot of evidence by December that inflation's coming back down, and the labor market has stabilized.So, this is why we think they will be more likely to get to a neutral-ish or something closer to neutral in 2026 than they're prepared to communicate now. So, I think that's a good point. So, Matt, if I could turn it back to you, I would just like first to ask you about the general market reaction. The 25 basis point cut was universally expected. So really all the potentially new news was then about the forward path from here. So how did markets reply to this? Yields did initially sell off a bit, but they generally came back. What's your assessment of how the market took the decision?Matthew Hornbach: Yeah, so the initial five, 10 minutes after the statement and summary of economic projections is released, everybody's digesting all of the new information. And generally speaking, investors tend to see what they want to see initially in all of the materials. So initially we had yields coming down a bit, the yield curve steepened a bit. But then about half an hour later, it became clear – just right before the press conference had started; it became clear to people that actually this delivery in the documentation was a bit more moderate in terms of the forward look. That it was a fairly balanced assessment of where things are and where things may be heading.And that in the end, the Fed, while it does want to bring interest rates lower, at least in the modal case, that it is still not particularly concerned about downside risks to activity, I should say, than it is concerned about upside risks to inflation. It very much seems a balanced assessment of the risks. And I think as a result, the market balanced out its initial euphoria about lower rates with a moderation of that view. So, interest rates ended up moving slightly higher towards the end of the day. But then, the next day they came back a bit. So, I think, it was a bit more of a steady as they go assessment from markets in the end.Michael Gapen: And do you see markets as maybe changing their views on whether you know, it is a recalibration in the stance, therefore we should expect consecutive cuts? Or is the market now thinking, ‘Hey, maybe it is meeting by meeting.' And what about the Fed's forecast of its terminal rate versus the market's forecast of the terminal rate. So, what happened there?Matthew Hornbach: Indeed. Yeah. So, in terms of how market prices are incorporating the idea that the Fed may cut at consecutive meetings through the end of the year, I think markets are generally priced for an outcome about in line with that idea. But of course, markets, and investors who trade markets, have to take into consideration the upcoming dataset and with the Fed so data dependent; so, meeting by meeting in terms of their decisions – it could certainly be the case that the next employment report and/or the next inflation report could dissuade the committee from lowering rates again, at the end of October when the Fed next meets. So, I think the markets are, as you can expect, not going to fully price in everything that the Fed is suggesting. Both because the Fed may not end up delivering what it is suggesting; it might, or it may deliver more. So, the markets are clearly going to be data dependent as well. In terms of how the market is pricing the trough policy rate for the Fed – it does expect that the Fed will take its policy rate below where the summary of economic projections is suggesting. But that market pricing is more representative I think of a risk premium to the expectations of investors, which generally are in line or end up moving in line with the summary of economic projections over time. So, given that the Fed has changed the economic projections and the forecast for policy rates, investors probably also end up shifting a bit in terms of their own expectations. So, with that, Mike, I will bid you adieu until we speak again next time – around the time of the October FOMC meeting. So, thanks for taking the time to talk.Michael Gapen: Great speaking with you, Matt,Matthew Hornbach: And thanks for listening. If you enjoy Thoughts on the Market, please leave us a review wherever you listen and share the podcast with a friend or colleague today.
This year saw heavy disease pressure for many corn and soybean growers. This farmer used very little fungicide, and his yields are some of the best in his area. How does he do it? We’ll discuss that, plus how you can sell high quality grain for a premium via the beef market. See omnystudio.com/listener for privacy information.
It was another red day across the boards despite some overnight strength. On today's Final Bell, Arlan Suderman of StoneX joins to sort through the market drivers. Key topics include: China talks: Rumors of a Trump trip to Beijing stir overnight optimism, but rare earth minerals—not soybeans—may be the real bargaining chip. Grains: Corn stalls at chart resistance, soybeans pressured by biofuel uncertainty, and wheat weighed down by Black Sea competition. Fed rate cut: Why a 25-basis-point move could still ripple into commodities through the dollar and export competitiveness. Harvest update: Early yield reports are highly mixed—strong in the west, disappointing in the east. Livestock: Cattle trade softens despite surprising firmness in cash. Suderman explains what's really moving the markets and what to watch as trade, policy, and harvest collide.
Simply Wall St Market Insights for the week ending 14th September 2025.To read the full article:
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This week’s briefing covers a softer labor market, declining Treasury yields, and why the Fed is widely expected to cut rates on September 17. We dig into what fewer job openings could mean for growth, how lower borrowing costs may affect mortgages and corporate activity, and where crude oil might find support after recent weakness. We also preview next week’s CPI and PPI releases, discuss why inflation remains above the Fed’s 2% target, and outline positioning ideas for a volatile September–October stretch. Plus, sectors we currently favor—financials and health care—and a reminder to use pullbacks to rebalance toward quality. You can send your questions to questions@pyaradio.com for a chance to be answered on air. Catch up on past episodes: http://pyaradio.com Liberty Group website: https://libertygroupllc.com/ Attend an event: www.pyaevents.com Schedule a complimentary 15-minute consultation: https://calendly.com/libertygroupllc/scheduleacall/ See omnystudio.com/listener for privacy information.
Dan Nathan and Guy Adami host a 'vibe session' on the Risk Reversal Podcast, discussing the current state of the S&P 500 and NASDAQ, both down on the first trading day of September. They delve into the historical volatility of September, the implications of a potential 25 basis point rate cut by the Federal Reserve, and rising long-term Treasury yields. The conversation touches on how higher yields affect high-valuation tech stocks and the implications of recent U.S. tariff decisions on global markets. The hosts also speculate on the upcoming jobs report and its potential revisions, the state of confidence in U.S. economic data, and the impact of geopolitical tensions involving China, Russia, and India. Additionally, the podcast highlights the underperformance of key stocks like Nvidia, Taiwan Semiconductor, and Microsoft, and discusses the broader economic implications for sectors such as shipping and banking. —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media
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