The Investopedia Express with Caleb Silver

Anna Paglia, the Chief Business Officer for State Street Global Advisors, joins The Express to help uncover where the next $10 Trillion in assets under management for the ETF industry will come from, and how soon they might find it. With over 12,000 listed ETFs globally and counting, new flavors of actively managed and crypto ETFs are the industry's next shiny things, but not all will survive and Anna tells us what they need to do in order to win over investors. Plus, markets are touching record highs again, but the breakout performance of Bitcoin and a few key stocks has masked one of the more boring bull markets in history. LINKS FOR SHOW NOTES https://www.ssga.com/library-content/assets/pdf/north-america/equities/2024/spdr-etf-impact-survey-findings.pdf https://www.asym500.com/media https://www.investopedia.com/articles/investing-strategy/071616/implied-vs-historical-volatility-main-differences.asp https://www.investopedia.com/who-is-scott-bessent-trumps-pick-for-treasury-secretary-8750750 https://www.investopedia.com/terms/d/divestiture.asp https://www.ssga.com/us/en/individual/insights/market-trends https://www.investopedia.com/what-to-expect-in-the-markets-this-week-fed-minutes-thanksgiving-earnings-8749343 https://www.statestreet.com/us/en/asset-owner/about/our-people/leaderships/anna-paglia Learn more about your ad choices. Visit podcastchoices.com/adchoices

Ray Dalio, one of the most successful investors of all time and the author of the best selling "Principles" series, rejoins The Express to help us understand the new world order in light of the elections, geopolitical instability, climate risk and technology. The creator of the 'All Weather Portfolio', explains how he would build that portfolio today given all the risks and trends shaping this unprecedented cycle in history. Plus, Ray's thoughts on crypto, lessons for new investors, and the most important lesson he has learned in his lifetime as an investor. LINKS WITH SHOW NOTES https://www.investopedia.com/vaccine-maker-stocks-slump-after-rfk-jr-nominated-as-hhs-head-8745974 https://www.investopedia.com/what-the-republican-sweep-means-for-the-economy-8745669 https://wmi.edu.sg/programmes/dalio-market-principles-program/ https://www.principles.com/ https://www.investopedia.com/terms/e/earnings_momentum.asp https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8745796 https://www.investopedia.com/1-in-4-investopedia-readers-say-they-now-own-crypto-the-highest-in-a-year-8745853 Learn more about your ad choices. Visit podcastchoices.com/adchoices

In the wake of the equity markets' largest election rally in history, we break down the winners across sectors, asset classes and sizes with Cameron Dawson, Chief Investment Strategist at New Edge Wealth, and look into the future for trends to watch given the policy promises of the Trump administration. Plus, the Bond Vigilantes may be starting to circle as the likelihood of tax cuts and heavy government spending are pushing Treasury yields to alarming levels even as the Fed cuts rates. LINKS FOR SHOW NOTES https://www.newedgewealth.com/team/cameron-dawson/ https://www.newedgewealth.com/insights/ https://www.federalreserveeducation.org/about-the-fed/archive-history https://www.investopedia.com/what-to-expect-in-the-markets-this-week-cpi-earnings-fed-speakers-8740185 https://www.investopedia.com/bond-vigilante-6386194 https://www.investopedia.com/terms/c/contributionmargin.asp https://www.carsongroup.com/insights/blog/author/rdetrick/ https://www.investopedia.com/bitcoin-price-tops-usd80000-for-first-time-8742854 Learn more about your ad choices. Visit podcastchoices.com/adchoices

No one wants to talk about the $1.8 Billion Federal Budget deficit - especially the two candidates running for president and their political parties. But, as Marc Goldwein of the Committee for a Responsible Budget warns, the interest costs alone to serve that debt are approaching 17% of government spending, which is more than we spend on defense, education and healthcare. Both presidential candidates are pushing policies that would only amplify that debt by trillions of dollars over the next decade, bringing with it inflation, high interest rates, a debt spiral and a massive devaluing of U.S. Treasuries. The debt matters, but don't tell Washington D.C. LINKS FOR SHOW NOTES: https://www.investopedia.com/warren-buffett-berkshire-hathaway-apple-stock-cash-pile-q3-2024-8738738 https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html https://advantage.factset.com/hubfs/Website/Resources%20Section/Research%20Desk/Earnings%20Insight/EarningsInsight_110124.pdf https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8737801 https://www.crfb.org/ https://www.investopedia.com/presidents-and-their-impact-on-the-stock-market-4587369 https://www.investopedia.com/what-economists-think-harris-trump-economic-plans-presidential-election-8700373 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Stephen Sikes, the Chief Operating Officer for Public.com, explains what happened to most of the retail investors who jumped into the stock market in the middle of meme-stock mania in 2021, and what they are looking for today as market dynamics shift into a lower interest rate regime. Plus, why are yields for long term bonds spiking just as the Fed lowers rates, what made Goldman Sachs curb our expectations for future equity returns, and where are the hedge fund whales swimming lately? LINKS FOR SHOW NOTES https://www.investopedia.com/terms/r/relativevalue-funds.asp https://www.carsongroup.com/insights/blog/team-members/ryan-detrick/ https://www.jpmorganchase.com/institute/all-topics/financial-health-wealth-creation/the-changing-demographics-of-retail-investors https://www.investopedia.com/terms/c/cupandhandle.asp https://public.com/ https://www.linkedin.com/in/stephensikes/ https://www.investopedia.com/what-to-expect-in-markets-this-week-jobs-earnings-gdp-8732908 https://www.bespokepremium.com/interactive/research/think-big-blog/ https://www.hfr.com/insights-commentary/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

From Philly Phinancial Literacy Week, founder Nisiar Smith takes us inside the movement he helped create to extend financial education into the underserved communities of Philadelphia. Plus, Marc Russell, the founder of BetterWallet and one of the original Fin-fluencers, takes us on his journey from being a foster child, to climbing out of $80,000 in debt, to building a personal finance business and platform serving hundreds of thousands of people. And, more record highs for big stocks and big markets usually mean more of the same, even with rising volatility. LINKS FOR SHOW NOTES https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8729934 https://advantage.factset.com/hubfs/Website/Resources%20Section/Research%20Desk/Earnings%20Insight/EarningsInsight_101824.pdf https://www.bespokepremium.com/interactive/research/think-big-blog/ https://sentimentrader.com/ https://www.phillyphinancial.org/ https://www.investopedia.com/boeing-union-reach-tentative-deal-to-end-5-week-long-strike-8731034 https://www.instagram.com/betterwallet/ https://www.thebetterwallet.com/ https://www.investopedia.com/terms/b/bulltrap.asp Learn more about your ad choices. Visit podcastchoices.com/adchoices

We don't like talking about money - especially among family. But family finances are the most important finances in our lives, so breaking through those barriers can unlock a lot of opportunity and prevent a lot of stress down the road. Financial advisors Luis Rosa, Anna N'Jie Konte and Denise Zapata get up close and personal at the SER Latino Summit in La Jolla to talk about the most challenging conversations they have with their clients, how to break the cycle of debt, and how to teach the power of investing and compounding to communities that have little faith in the financial system. Plus, the stock market keeps making record highs as this bull market celebrates its second birthday. The good news for investors is how young this bull is, historically speaking, and how balanced this rally has become. LINKS FOR SHOW NOTES https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8726921 https://www.investopedia.com/terms/a/adjusted-ebitda.asp https://buildabetterfinancialfuture.com/ https://www.annanjiekonte.com/ https://www.zapatawealth.com/our-team https://www.sersummits.com/ https://www.investopedia.com/etf-investors-shrug-market-uncertainties-bullish-on-mag-7-schwab-survey-finds-8726215 https://www.allstarcharts.com/blog Learn more about your ad choices. Visit podcastchoices.com/adchoices

David Faber, co-host of CNBC's Squawk on the Street, and the creator of The Faber Report, takes us through how he has broken some of the biggest business stories of the last thirty years, how the nature of business journalism has changed, and his quest to become the next host of Jeopardy. Plus, more all-time highs for the Dow and Gold as the latest jobs report fluff up the cushions for a soft landing. So why are some of the wealthiest people in the world selling their own stocks? LINKS FOR SHOW NOTES https://www.investopedia.com/terms/c/collective-bargaining.asp https://www.investopedia.com/what-to-expect-in-the-markets-this-week-oct-7-2024-8722570 https://www.investopedia.com/strong-job-market-makes-recession-less-likely-economy-labor-federal-reserve-8723504 https://www.investopedia.com/us-dockworkers-suspend-strike-after-reaching-tentative-agreement-on-wages-8723165 https://insidersentiment.com/ https://www.cnbc.com/david-faber/ https://sabew.org/ https://washingtonservice.com/ https://advantage.factset.com/hubfs/Website/Resources%20Section/Research%20Desk/Earnings%20Insight/EarningsInsight_100424.pdf Learn more about your ad choices. Visit podcastchoices.com/adchoices

From the Food & Wine Classic in Charleston, S.C., new whiskey distillers like Company Distilling are battling for shelf space and brand recognition against the giants like Jim Beam and Jack Daniels. Nate Gana, one of the foremost scotch and whiskey experts in the world, takes us inside the big business of whiskey, scotch and bourbon, where global conglomerates are battling a spirits recession, barrels are precious, and consumers have more than enough choices. Plus, it’s an everything rally across the capital markets, but more record highs for gold and spiking long-term yields may be warning of trouble on the tracks. LINKS FOR SHOW NOTES https://www.investopedia.com/71-of-investors-feel-good-about-the-stock-market-here-s-what-they-re-investing-in-8717954 https://www.investopedia.com/what-to-expect-in-the-markets-this-week-jobs-report-fed-speakers-8718986 https://foodandwineclassicincharleston.com/ https://companydistilling.com/distilleries/townsend-distillery/ https://www.instagram.com/nategana/?hl=en https://singlemaltdaily.com/ https://www.foodandwine.com/the-city-that-rice-built-8695153 Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Federal Reserve went big with its first interest rate cut since 2020, and it's biggest cut in 16 years as it lowered the Federal Funds Rate by half a percent. We look at what usually happens in the stock market - which hit new record highs last week - when the Fed gets this aggressive. Plus, Dr. David Kelly, the Chief Global Strategist for JP Morgan Asset Management, joins The Express from the Future Proof Wealth Festival, to share the most important macro trends shaping the economy and stock market today. LINKS FOR SHOW NOTES: https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8715614 https://am.jpmorgan.com/us/en/asset-management/adv/bios/david-kelly/ https://x.com/callieabost/status/1837234523555144147 https://www.carsongroup.com/insights/blog/author/rdetrick/ https://www.fidelity.com/bin-public/060_www_fidelity_com/documents/sweetspotsforstocks_transcript_new.pdf Learn more about your ad choices. Visit podcastchoices.com/adchoices

Americans from every generation still believe that owning their home is one the greatest investments they will make and a key component of realizing their own version of the 'American Dream'. But rising prices and tighter supply have made that dream less of a reality for many. Angie Hicks, the founder of Angi and one of the country's leading real estate luminaries, explains how to find value and quality in today's market, and how to properly maintain that important and emotional financial asset once you own it. Plus, volatility is continuing to wear its September best as the stock market rallied last week to recover all of the losses from the prior week. As the Fed prepares to lower interest rates this week, expect the choppiness to continue. LINKS FOR SHOW NOTES: https://watchcharts.com/watches/brand_index/rolex https://www.census.gov/newsroom/press-releases/2024/income-poverty-health-insurance-coverage.html https://www.angi.com/articles/author/angie-hicks https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8710971 https://www.investopedia.com/federal-reserve-september-2024-meeting-preview-interest-rates-8711495 https://www.newyorkfed.org/microeconomics/sce.html#/ https://watchcharts.com/watches/brand_index/rolex https://futureproofhq.com/festival/agenda/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Josh Brown rejoins The Express to talk about his latest book, "You Weren't Supposed to See That: Secrets Every Investor Should Know", and explains why the relentless bid in the stock market is everlasting, where all the public companies went, the economic creation and destruction behind scarcity and abundance, why trillions of dollars in economic stimulus created economic armageddon, and other light topics. Plus, September is just being September in the stock market as a cool wind has blown trillions of dollars of market cap off of high beta stocks. Welcome to Autumn. LINKS FOR SHOW NOTES https://podcasts.thecompoundnews.com/show/TCAF/ https://www.amazon.com/You-Werent-Supposed-See-That/dp/180409059X https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8707260 https://www.investopedia.com/terms/c/convexity.asp https://www.investopedia.com/cost-of-the-american-dream-2024-8705906 https://www.ritholtzwealth.com/ https://www.investopedia.com/articles/basics/06/invertedyieldcurve.asp Learn more about your ad choices. Visit podcastchoices.com/adchoices

Investopedia is celebrating its 25th Anniversary, and we are joining the party with the most important innovations, financial events and terms of the past quarter century. Plus, Jay Woods, the Chief Global Strategist for Freedom Capital Markets helps us prep our playbooks for the rest of the year as the stock market dances near record highs ahead of interest rate cuts and an election that is bound to deliver volatility. Summer lovin' was a blast, but it's time to reset and get back on track with The Express. LINKS FOR SHOW NOTES https://advantage.factset.com/hubfs/Website/Resources%20Section/Research%20Desk/Earnings%20Insight/EarningsInsight_081624.pdf https://www.freedomcapmkts.com/newsletter https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8703796 https://www.investopedia.com/warren-buffett-berkshire-hathaway-usd1-trillion-market-cap-8703150 https://www.bespokepremium.com/interactive/research/think-big-blog/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Once the playground for high-net worth and institutional investors, alternative investing is opening up to individual investors like us through ETFs and Interval funds. Shana Orczyk, the founder and CEO of Banrion Capital, also known as "The Queen of Alternatives", educates us on the universe of alternative investments outside of collectibles, and how investors can weave them into their portfolios for more precise diversification and the potential for outsized returns. Plus, Fed Chair Powell has spoken from the mountaintop in Jackson Hole, and he's telling us that the time has come for the era of high interest rates to end. Act accordingly. LINKS FOR SHOW NOTES https://www.banrioncapital.com/ https://www.investopedia.com/powell-confirms-fed-pivot-to-rate-cuts-8700557 https://www.investopedia.com/terms/a/alternative_investment.asp https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8698293 https://etfdb.com/etfs/commodity/gold/ https://www.bls.gov/bls/empsitquickguide.htm https://www.investopedia.com/terms/s/september-effect.asp https://www.shanasissel.com/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

With the Dept. of Justice's recent antitrust victory over Google and its online advertising practices ruled monopolistic, the breakup of the biggest technology companies in the world seems like a real possibility. But, as William Kovacic, former Chair of the FTC and now a Professor of Law and Global Competition at The George Washington School of Law explains, the cases against these giants can take many years to resolve, and enforcement is becoming more complicated in the era of A.I. Plus, sentiment has shifted back to the Bulls as old leaders take the reins and the market erases most of its recent losses. LINKS FOR SHOW NOTES: https://guides.loc.gov/this-month-in-business-history/july/sherman-antitrust-act-enacted https://www.law.gwu.edu/william-e-kovacic https://www.bespokepremium.com/ https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html https://www.investopedia.com/terms/s/sherman-antiturst-act.asp https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8696477 https://advantage.factset.com/hubfs/Website/Resources%20Section/Research%20Desk/Earnings%20Insight/EarningsInsight_081624.pdf Learn more about your ad choices. Visit podcastchoices.com/adchoices

On our 200th episode, JC Parets of AllStarCharts climbs back aboard The Express to assess the damage across the capital markets following the 2024 Summer Volmageddon. As it turns out, some sectors and asset classes actually got stronger despite the headlines, and may provide the set up for the next leg of this Bull Market. Plus, sentiment indicators have been flashing warning sirens among individual and institutional investors, and anxiety is riding high, so why are more individual stocks hitting new 52-week highs than any point this year? links for show notes: https://www.investopedia.com/articles/economics/08/past-recessions.asp https://www.conference-board.org/topics/CEO-Confidence https://www.investopedia.com/what-the-carry-trade-had-to-do-with-monday-stock-market-rout-8690861 https://www.optimisticallie.com/ https://www.investopedia.com/bank-of-japan-calms-markets-with-pledge-not-to-raise-rates-amid-volatility-8691554 https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8693128 https://allstarcharts.com/blog/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Stock markets around the world are melting down as the most popular trades around A.I. and Tech are unwinding amid worries about overvaluation and signs of weakness in the U.S. economy. Paul La Monica from Barron's joins The Express to help us find the key similarities and differences between the Internet Bubble of 1999 and the A.I. craze of today. Plus, one of the most popular trades in the world is grinding to a halt as the Japanese Yen strengthens against the U.S. Dollar, and it's impacting other markets around the world, and Warren Buffett's Berkshire Hathaway has been aggressively selling some of its favorite stocks, including Apple. LINKS FOR SHOW NOTES https://www.investopedia.com/what-is-the-sahm-rule-8637564 https://www.investopedia.com/the-express-podcast-episode-181-8623072 https://www.investopedia.com/key-takeaways-from-berkshire-hathaway-q2-fy2024-earnings-8689932 https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8688987 https://www.barrons.com/authors/paul-r-lamonica https://twitter.com/LaMonicaBuzz https://www.eri-c.com/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

The past month has been one of the most chaotic four weeks in U.S. political history, and the election is still over three months away. Michael Townsend, Chares Schwab's political analyst and a long-time Washington watcher, joins The Express to explain what's next in the political process for the Democrats, the likelihood of major policy changes to tax rates and the Inflation Reduction Act, and what investors should stop worrying about as the election approaches. Plus, the history of stock market returns during election years, and why investors need to stay the course no matter what the polls say or who ends up occupying the Oval Office. LINKS FOR SHOW NOTES: https://www.schwab.com/learn/author/michael-townsend https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8684188 https://www.investopedia.com/ask/answers/030515/real-gdp-better-index-economic-performance-gdp.asp https://www.schwab.com/learn/washingtonwise https://www.schwab.com/learn/author/michael-townsend https://www.investopedia.com/how-big-tech-earnings-could-affect-the-market-amazon-apple-meta-microsoft-8684494 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Callie Cox, the new Chief Market Strategist at Ritholtz Wealth, rejoins The Express to unpack the historic break out in small cap stocks of late, and why the prospect of lower interest rates is actually good news for investors seeking balance. Plus, Callie's advice to Millennials looking to build a balanced portfolio that doesn't look anything like their parents' standard 60/40. And, some weeks last a decade, and last week was one of them. LINKS FOR SHOW NOTES https://www.pionline.com/hedge-funds/hedge-funds-post-pretty-strong-performance-midway-through-2024-return-58 https://advantage.factset.com/hubfs/Website/Resources%20Section/Research%20Desk/Earnings%20Insight/EarningsInsight_071924.pdf https://www.investopedia.com/ecb-holds-interest-rates-at-record-highs-lowers-inflation-forecasts-8605578 https://www.investoped...ition-8601178 https://www.ritholtzwealth.com/team/callie-cox https://x.com/callieabost Learn more about your ad choices. Visit podcastchoices.com/adchoices

Buoyed by more record highs, investors have been reinvigorated by the prospect of interest rate cuts in September as inflation slows. But, as SoFi's Liz Young Thomas explains, interest rate cuts into a slowing economy are not always followed by great returns. Liz rejoins The Express to share her outlook for the second half of the year, and how to invest now to take advantage of sector rotation and economic headwinds. Plus, Wall Street strategists continue to raise their year-end price targets for the S&P 500 as earnings strengthen and market breadth finally opens up. LINKS FOR SHOW NOTES https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html https://www.yardeniquicktakes.com/meltup/?utm_source=substack&utm_medium=email https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8676779 https://advantage.factset.com/hubfs/Website/Resources%20Section/Research%20Desk/Earnings%20Insight/EarningsInsight_071224.pdf https://www.sofi.com/on-the-money/category/investment-strategy/ https://www.investopedia.com/terms/e/etn.asp https://www.investopedia.com/terms/b/bullsteepener.asp Learn more about your ad choices. Visit podcastchoices.com/adchoices

Great wine enthusiasts and collectors are no different from investors. We like to find value and growth potential before anyone else, and back the next great company or vintage. From The Food & Wine Classic in Aspen, Kerrin Laz, David Parker and Charles Antin, three of the top wine experts in the country, explain how to find the next Screaming Eagle before it leaves the nest. Learn how they use their expert palettes, deep industry knowledge and market data to find the next Unicorn wines before they triple in value, and how to care for those bottles to maintain it. Plus, their top picks today and where to find them. LINKS FOR SHOW NOTES: https://foodandwineclassicincharleston.com/ https://www.lazwine.com/ https://www.benchmarkwine.com/ https://charlesantin.com/ https://www.foodandwine.com/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Nathaniel Popper joins The Express to talk about his latest book, "The Trolls of Wall Street: How the Outcasts and Insurgents are Hacking the Markets", and explains the origins of meme stock explosion which actually took root during Occupy Wall Street, and made their way through online forums like 4chan where throngs of disillusioned young men found community in the stock market. Popper draws the through-line from the Great Financial Crisis through the birth of Robinhood, Reddit and ultimately wallstreetbets, where trolling is the language of trading. If you thought this community of traders went away with the pandemic - think again. They are here to stay, and that could be good news for all investors. LINKS FOR SHOW NOTES https://www.investopedia.com/terms/v/vix.asp https://www.ndr.com/ https://sentimentrader.com/reports https://www.carsongroup.com/insights/blog/here-comes-the-best-month-according-to-the-past-20-years/ https://www.investopedia.com/terms/s/skew-index.asp https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8670691 https://www.amazon.com/Trolls-Wall-Street-Insurgents-Outcasts-ebook/dp/B09L8CSDYW https://www.nathanielpopper.com/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Charles Duhigg, the Pulitzer Prize winning journalist and best-selling author talks about is latest book, "Supercommunicators: How to Unlock the Secret Language of Connection", and how each of us has this superpower, but we just need the right tools to access it. How becoming a supercommunicator can improve your relationships in life and work, and what modern neurology is teaching us about how to train our brains. Plus, more record highs for the stock market, just not for most stocks, as the divergence between big winners and big losers widens. What usually happens when this happens, and should we be worried about it happening when investors are as confident as they've been in a year? LINKS FOR SHOW NOTES https://www.investopedia.com/what-to-expect-in-the-markets-this-week-06-24-2024-8666609 https://www.investopedia.com/terms/c/catastrophebond.asp https://www.investopedia.com/terms/u/ucits.asp https://www.investopedia.com/individual-investors-optimism-climbs-with-markets-hitting-record-highs-8666789 https://www.charlesduhigg.com/ https://www.hbscny.org/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Professor Teresa Ghilarducci, a labor economist and retirement expert at The New School for Social Research, has been arguing for years that the 401(k), which was never intended to be the primary retirement savings vehicle for most American workers, only helps high earners and is riddled with misaligned incentives. She joins The Express to make the case for a new government sponsored retirement savings account that she says is more equitable and provides a pathway to allowing workers to not run out of money once they stop working. Plus, new record highs keep coming for the stock market, but by all accounts, this bull market is pretty tame. LINKS FOR SHOW NOTES https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8662467 https://www.newschool.edu/nssr/faculty/teresa-ghilarducci/ https://teresaghilarducci.org/about https://insight.factset.com/ https://www.investopedia.com/terms/t/triplewitchinghour.asp https://www.investopedia.com/terms/1/401kplan.asp https://twitter.com/TimmerFidelity https://eig.org/bipartisan-pair-of-economists-propose-bold-new-wealth-building-program-for-the-bottom-50-percent-of-american-workers/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Jayson Bronchetti, Chief Investment Officer for Lincoln Financial, joins The Express to deliver the realities of what happens after the Fed cuts rates, and what to expect from the stock market in this unpredictable election year. Plus, why big institutional investors and insurance love companies love private markets as the number of public companies continues to dwindle. And, the hyper-concentration of stock market winners over the past year has a growing number of active portfolio managers betting on a smaller pool of high cash flow stocks than ever. LINKS FOR SHOW NOTES https://www.investopedia.com/terms/d/dispersion.asp https://www.investopedia.com/elevated-vix-highlights-persistent-market-fear-4580400 https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8659358 https://www.youtube.com/watch?v=U1prSyyIco0 https://www.lincolnfinancial.com/public/aboutus/companyoverview/whoweare/leadership/jaysonbronchetti https://www.cboe.com/us/indices/dispersion/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Kyla Scanlon, who coined "The Vibe Economy", climbs back aboard The Express to check in on the vibes of consumers and investors following the release of her new book, 'In This Economy?". Kyla explains why people feel disconnected from the economy, and how to help them find their role in it. Plus, consumers are becoming much more discerning about their discretionary spending, and that is having a profound effect on the 'experience' economy. And, if you are looking for divergences in the stock market as it dances around record highs, there are plenty to choose from. LINKS FOR SHOW NOTES: https://www.investopedia.com/terms/m/mcclellanoscillator.asp https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8656394 https://www.investopedia.com/private-credit-vs-private-equity-7565530 https://www.penguinrandomhouse.com/books/737854/in-this-economy-by-kyla-scanlon/ https://kylascanlon.com/ https://www.truistsecurities.com/insights https://www.investopedia.com/terms/o/opportunitycost.asp Learn more about your ad choices. Visit podcastchoices.com/adchoices

Julian Hebron of The Basis Point rejoins the show to myth-bust many of the media reports that have painted the real estate market with a broken brush. From affordability to supply, and the impact of A.I. to the seminal broker commission settlement, Julian shows why potential homebuyers and sellers are in the sweetest spot they've been in for years. Plus, more investors are sniffing around the junk bond market in search of higher and higher yields, but the rising stench of defaults is sending our warning winds. And, while the stock market makes new record highs behind the strength of Nvidia, consumer discretionary stocks have not been invited to the party. Links for show notes: https://www.investopedia.com/what-a-shorter-stock-trade-settlement-known-as-t-1-means-for-you-8653078 https://www.investopedia.com/what-the-sec-pivot-to-approve-spot-ether-etfs-means-8653633 https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8653037 https://thebasispoint.com/ https://allstarcharts.com/blog/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

From WealthStack at Inside ETFs, a conversation on building portfolios for the future that are built to withstand inflation, geopolitical uncertainty and volatility, with David Blanchett from PGIM, Jonathan Shelton from KraneShares and Michael Meehan from Nuveen. From farmland investing to China and Carbon Capture, professional investors are leaning into alternatives in ways that were hard to imagine just a few years ago. Plus, why last week's meme stock mania does not have the legs of the one we lived through in 2021. And, why now is such a special time to be a shareholder. LINKS FOR SHOW NOTES https://www.investopedia.com/terms/s/shortinterest.asp https://www.investopedia.com/what-to-expect-in-the-markets-this-week-may-20-2024-8650191 https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html https://www.investopedia.com/terms/d/dividendpayoutratio.asp https://kraneshares.com/# https://www.pgim.com/dc-solutions/home https://www.nuveen.com/en-us/insights https://www.ndr.com/media Learn more about your ad choices. Visit podcastchoices.com/adchoices

Tom Sosnoff, the visionary fintech entrepreneur who created Think or Swim and TastyTrade, rejoins The Express to talk about why we need to be teaching Risk as part of financial literacy, why investors need to lose in order to win, and what the future of trading and investing technology looks like over the next ten years. Plus, some of the top performing global markets in the world are all in South America. What's up down below? LINKS FOR SHOW NOTES https://www.investopedia.com/cpi-inflation-april-2024-preview-8646157 https://www.tastylive.com/talent/tom-sosnoff https://advantage.factset.com/hubfs/Website/Resources%20Section/Research%20Desk/Earnings%20Insight/EarningsInsight_051024.pdf https://www.investopedia.com/legendary-investor-and-quant-king-jim-simons-dies-at-86-8646726 Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Express returns to Omaha, Nebraska where tens of thousands of Berkshire Hathaway shareholders have gathered for 60 years to hear words of wisdom from Warren Buffett and listen to how he intends to keep growing their investment. Absent this year, of course, was Charlie Munger, Berkshire's former Vice-Chairman and Buffett's partner in building the conglomerate, who passed away last November just one month shy of his 100th birthday. We caught up with the Berkshire faithful as they shopped til they dropped and listened to Buffett's succession plans as he passes the reins to Greg Abel and Ajit Jain. LINKS FOR SHOW NOTES https://sentimentrader.com/blog https://opensea.io/collection/boredapeyachtclub https://www.investopedia.com/what-to-expect-in-the-markets-this-week-may-5-8643141 https://www.investopedia.com/terms/b/buyback.asp https://www.investopedia.com/investors-aren-t-worried-right-now-but-they-re-not-buying-either-8642075 https://www.investopedia.com/key-takeaways-warren-buffett-berkshire-hathaway-annual-meeting-2024-8643567 https://www.youtube.com/watch?v=r1E20HeIvRc https://www.investopedia.com/4-key-takeaways-from-apple-q2-2024-earnings-call-8642680 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Carson Block, CEO of Muddy Waters Research, joins The Express to explain how one of the most influential short sellers identifies the frauds, the lies, the half-truths and the warning signs that companies sometimes use to dupe investors. Block discusses why his firm and others are looking deep into the commercial and residential real estate markets for what might be rotting inside balance sheets, and the catchphrases investors should be aware of inside corporate filings. Plus, retail investors took an extended spring break in April, but may have rediscovered their favorite stocks. LINKS FOR SHOW NOTES https://www.investopedia.com/terms/s/stagflation.asp https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8639418 https://muddywatersresearch.com/ https://www.vandaresearch.com/news/ https://www.investopedia.com/1973-energy-crisis-definition-5222090 https://advantage.factset.com/hubfs/Website/Resources%20Section/Research%20Desk/Earnings%20Insight/EarningsInsight_042624A.pdf Learn more about your ad choices. Visit podcastchoices.com/adchoices

Bethany McLean, author of best-selling books including, "The Smartest Guys in the Room", and "All the Devils are Here", climbs back aboard to The Express after receiving the SABEW Distinguished Achievement Award, to talk about how she broke open some of the biggest business stories of the past thirty years. From Enron to Elon Musk's SolarCity, Bethany talks about how she developed her sense of wrongdoing, her battles challenging the Power and the Powerful, and whether America's style of capitalism can be saved. LINKS FOR SHOW NOTES https://www.investopedia.com/terms/e/equityriskpremium.asp https://www.calpers.ca.gov/page/newsroom/calpers-news/2024/calpers-will-increase-private-markets-investments https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8635421 https://podcasts.apple.com/us/podcast/inside-high-speed-business-cycle-private-equity-prepares/id1529322197?i=1000500819175 https://www.penguinrandomhouse.com/authors/229011/bethany-mclean/ https://www.capitalisnt.com/ https://www.investopedia.com/terms/f/failuretodeliver.asp https://www.investopedia.com/terms/n/nakedshorting.asp Learn more about your ad choices. Visit podcastchoices.com/adchoices

Over the past 100 years, Edward Jones has become a ubiquitous financial advice business with over 15,000 locations in North America overseeing $2 trillion in household assets. Penny Pennington, CEO and Managing Partner of Edward Jones joins The Express to talk about what American families are doing with their money, what they are worried about, and how they intend to transfer their wealth to their kids and grandkids. Plus, Volatility is back after a long nap, and it is shaking up individual stocks and the major averages. Is this the beginning of a correction, or just the natural cycle of capital markets in the 21st century? LINKS FOR SHOW NOTES https://www.investopedia.com/terms/v/vix.asp https://www.costco.com/1-oz-gold-bar-pamp-suisse-lady-fortuna-veriscan-new-in-assay.product.4000186760.html https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8630573 https://www.edwardjones.com/us-en/why-edward-jones/news-media/thought-leadership/firm-leadership/penny-pennington https://www.cfraresearch.com/insights/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Sam Stovall, Chief Investment Strategist at CFRA, rejoins The Express to put stock market pullbacks in perspective, and why the recent declines are to be expected and relatively minor given historical averages. Plus, there is a growing chorus of Fed presidents who don't think interest rate cuts are warranted at all this year given the hot labor market and persistent inflation. Do investors and savers need to get used to, "higher until whenever", for interest rates, which might explain the heaviest inflows into money market funds that we've witnessed all year? Also, glam-metal legends KISS sells its catalogue and its NIL for $300 million as Name, Image and Likeness moves from the field to the recording industry. https://www.bespokepremium.com/ https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html https://advantage.factset.com/hubfs/Website/Resources%20Section/Research%20Desk/Earnings%20Insight/EarningsInsight_040524A.pdf https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8624383 https://www.sifma.org/people/sam-stovall/ https://www.investopedia.com/name-image-likeness-8558991 https://pophouse.se/news/pophouse-acquires-the-music-catalogue-brand-name-and-ip-of-legendary-rock-band-kiss/ https://www.cfraresearch.com/about/ https://www.amazon.com/Books-Sam-Stovall/s?rh=n%3A283155%2Cp_27%3ASam+Stovall Learn more about your ad choices. Visit podcastchoices.com/adchoices

Claudia Sahm didn't coin the "Sahm Rule", but she has taken on the responsibility that comes with having an economics rule and recession indicator named after her. The macroeconomist who worked at the Federal Reserve and the White House Council of Economic Advisers joins The Express with her forecast for the U.S. economy, including what could go very right, and what could go very wrong. Plus, divergences across the stock market make this recent run to all time highs even more interesting. Happy financial literacy month! Links for show notes: https://www.investopedia.com/terms/d/dowtheory.asp https://allstarcharts.com/blog/ https://dogwifcoin.org/ https://www.investopedia.com/bitcoin-halving-4843769 https://restorethemagic.com/wp-content/uploads/2024/03/Disney-Trian-White-Paper-2024.pdf https://stayathomemacro.substack.com/ https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8622016 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Ryan Detrick, Chief Market Strategist at The Carson Group, climbs back aboard The Express to break down the recent 'Everything Rally', and why history and recent economic data suggest that this trend in motion should stay in motion. Plus, companies are piling on the dividends and the share buybacks to entice investors and jolt their earnings. Investors are scooping up those benefits and are as confident in future returns as they've been in a long time. Links for show notes: https://www.federalreserve.gov/monetarypolicy/fomcprojtabl20240320.htm https://www.investopedia.com/individual-investors-optimism-grows-albeit-cautiously-as-stocks-back-off-highs-8611333 https://www.investopedia.com/articles/02/041702.asp https://www.janushenderson.com/en-us/advisor/insights/global-dividend-index/ https://www.spglobal.com/spdji/en/corporate-news/article/sp-500-q4-2023-buybacks-increase-180-compared-to-q3/ https://www.carsongroup.com/insights/ https://www.carsongroup.com/insights/blog/why-high-interest-rates-havent-hurt-the-consumer-and-maybe-even-helped/ https://www.investopedia.com/terms/a/antitrust.asp https://www.investopedia.com/terms/s/sherman-antiturst-act.asp https://www.investopedia.com/what-to-expect-in-the-markets-this-week-march-25-2024-8613096 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Cannabis sales and prices are falling apart in the Golden State as overproduction and a glut of dispensaries have far outpaced demand. Can cannabis tourism rescue the industry, or will the stigma of the Schedule 1 controlled substance linger over a state that has been built on family fun destinations like Disneyland and Universal Studios? From the Visit California Outlook Forum in Palm Springs, a panel conversation with Peter Gamez, the President and CEO of Visit Oakland, Wendy Hasse-Roberts, the President and CEO of Travel Santa Ana, and Brian Applegarth of Destination Cannabis. Plus, sector rotation is under way in the stock market as energy stocks take the lead and tech stalls. Is this a sign of lower lows for the market, or just a reset and a wink back at the year 1995? LINKS FOR SHOW NOTES: https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8609500 https://www.investopedia.com/terms/c/committee-foreign-investment-united-states-cfius.asp https://industry.visitcalifornia.com/events/past/outlook-forum-2024 https://www.linkedin.com/in/brian-applegarth/ https://theemeraldcup.com/ https://www.investopedia.com/marijuana-legality-by-state-4844504 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Gold prices are at all time highs as the precious metal is having another moment in the sun amid geopolitical uncertainty, sticky high inflation and the highest interest rates in over 20 years. Louise Street of the World Gold Council, a membership organization of some of the biggest gold miners and companies in the world, explains why investors are leaning back into this historical store of wealth. Plus, the biggest stocks in the market are fading as the rest of the market plays catch up. Is this the sign of a healthy bull market, or a late-cycle fade in this historically strong bull market. LINKS FOR SHOW NOTES: https://www.investopedia.com/why-did-gold-prices-hit-all-time-highs-8604361 https://www.garzarelli.com/ https://www.investopedia.com/feb-2024-jobs-report-8606247 https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8606449 https://thegoldenthread.gold.org/ https://www.gold.org/what-we-do https://www.gold.org/news-and-events/press-releases/geopolitical-and-economic-uncertainty-bolster-gold-demand-and-prices https://www.upjohn.org/labor-leverage-ratio Learn more about your ad choices. Visit podcastchoices.com/adchoices

Markets are setting record highs across sectors and asset classes and investors get even more comfortable taking on risk. Matt Hougan, the Chief Investment Officer of Bitwise joins The Express with a front row seat inside the storm of assets flowing into those new spot Bitcoin ETFs, including Bitwise's BITB. Hear why Matt thinks this surge in inflows is just the beginning, and how big the Bitcoin ETF market can be in the next five years. LINKS FOR SHOW NOTES https://business.bofa.com/en-us/content/market-strategies-insights/weekly-market-recap-report.html https://www.aaii.com/sentimentsurvey https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8603107 https://bitwiseinvestments.com/crypto-market-insights https://bitbetf.com/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Jim Bianco, the President and Macro Strategist at Bianco Research, tells us why Wall Street might be very wrong about rate cuts, inflation, crypto ETFs and the bond market. Plus, he compares the rise of A.I. stocks and crypto with other frothy periods in history and explains how these usually play out. Plus, the meteoric rise of Nvidia and other chip stocks has brought out the options army in full force. They are calling for much higher prices. Will they be 'in the money'? LINKS FOR SHOW NOTES https://www.investopedia.com/berkshire-hathaway-fy2023-earnings-key-takeaways-8599175 https://www.investopedia.com/terms/a/average-daily-float.asp https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8599318 https://www.biancoresearch.com/visitor-home/ https://twitter.com/biancoresearch https://www.berkshirehathaway.com/2023ar/2023ar.pdf Learn more about your ad choices. Visit podcastchoices.com/adchoices

JC Parets of AllStarCharts rejoins the show to help us identify the weaknesses across the capital markets as the major equity indices dance around all time highs. Why we need to pay attention to the strengthening Dollar, the Polish Zloty, Copper prices and tumbling Treasuries to know what will happen next to the stock market. Plus, are we witnessing Meme Stock 2.0 as stocks like Abercrombie & Fitch, Super Micro Computer, Texas Roadhouse and WingStop have been on head-spinning rallies? What's similar, but very different about this recent bout of irrational exuberance. LINKS FOR SHOW NOTES: https://www.cftc.gov/sites/default/files/idc/groups/public/@swaps/documents/file/hr4173_enrolledbill.pdf https://www.investopedia.com/terms/b/buyback.asp https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8584380 https://allstarcharts.com/blog/ https://www.welcomeuruguay.com/vinos/uruguayan-tannat.html Learn more about your ad choices. Visit podcastchoices.com/adchoices

Sonia Dumas, a futurist and co-founder of Campaign Coach A.I., joins the show to explain how A.I. is being used across industries from real estate to financial planning to enhance productivity and profitability, and why we there is nothing 'artificial' about it. Plus, more record highs for the stock market despite very thin breadth is just one reason doubters don't think this rally can last. Also - it's been a tough market for cheap stocks as investors keep favoring the biggest, most expensive companies. LINKS FOR SHOW NOTES https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8575023 https://www.investopedia.com/what-you-need-to-know-ahead-of-closely-watched-cpi-inflation-report-8575435 https://www.investopedia.com/terms/f/form-13f.asp https://www.investopedia.com/terms/r/russell_1000index.asp https://www.investopedia.com/terms/a/artificial-intelligence-ai.asp https://www.linkedin.com/in/soniadumas/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Matt Garland, aka 'MG The Mortgage Guy', on what to expect for the U.S real estate market this Spring as mortgage rates fall and demand comes storming back. Whether you are a potential buyer, seller, investor, or broker, Matt shares his best advice on how to prepare to capitalize on the real estate reawakening. Plus, the stock market tops more record highs, but there are rising rumblings about the strength of one of the narrowest bull markets in history. And, why investors should hope for a blowout in Sunday's Super Bowl. LINKS FOR SHOW NOTES: https://www.investopedia.com/what-we-learned-from-big-tech-earnings-enterprise-ai-is-paying-off-8557870 https://www.investopedia.com/individual-investors-warming-to-the-rally-as-markets-touch-new-highs-8556574 https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html https://www.investopedia.com/what-to-expect-in-the-markets-this-week-feb-5-2024-8557875 https://www.super.social/ss/mgthemortgageguy https://www.investopedia.com/terms/s/superbowlindicator.asp Learn more about your ad choices. Visit podcastchoices.com/adchoices

Peter Oppenheimer, the Chief Equity Global Strategist and head of Macro Research at Goldman Sachs in Europe, explains the new Post Modern Cycle investors are living in, and what it means for our future returns. Plus, we are investing in the land of giants again as Microsoft tops the $3 Trillion in market value and several other companies join the Trillionaires Club. But that's not stopping them from cutting jobs at an alarming rate. LINKS FOR SHOW NOTES: https://advantage.factset.com/hubfs/Website/Resources%20Section/Research%20Desk/Earnings%20Insight/EarningsInsight_012624A.pdf https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8550235 https://www.goldmansachs.com/media-relations/in-the-news/current/oppenheimer-oped-folder/bio-oppenheimer.pdf https://www.goldmansachs.com/intelligence/topics/economic-outlooks.html https://www.amazon.com/Long-Good-Buy-Analysing-Markets-ebook/dp/B086Z82KRW https://www.investopedia.com/terms/i/idiosyncraticrisk.asp Learn more about your ad choices. Visit podcastchoices.com/adchoices

Peter Mallouk, CEO of Creative Planning, joins The Express to help us see the future of financial planning and wealth management as firms like his continue to consolidate the industry. Plus, the S&P 500 finally made it back to new highs after a two year battle with inflation and rising rates. While some investors may feel vertigo, history suggests the good times may keep on rolling. LINKS FOR SHOW NOTES: https://www.barchart.com/stocks/highs-lows?timeFrame=alltime https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8546676 https://creativeplanning.com/peter-mallouk/ https://creativeplanning.com/insights/ https://www.amazon.com/Money-Simplified-Peter-Mallouk/dp/B0CLZ1W9RD/ref=sr_1_1?crid=2Z8DWE6F66HXN&keywords=money%2C+simplified&qid=1705971993&s=books&sprefix=money%2C+simplified%2Cstripbooks%2C102&sr=1-1 https://www.investopedia.com/trading/continuation-patterns-introduction/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Sam Ro, the author of TKer, comes back aboard to help us discern what we should be paying attention to, and what we should be ignoring as investors to start the year. From the approval of spot Bitcoin ETFs to the Fed's pivot, the outcry for active management to the unaffordability of the housing market, Sam helps us filter the headlines to focus on what's really important. Plus, CEOs are still worried about inflation and a recession despite decent signs around the economy. Should we also be concerned? LINKS FOR SHOW NOTES https://layoffs.fyi/ https://www.conference-board.org/publications/C-Suite-Outlook-2024-leading-for-tomorrow https://www.sofi.com/article/investment-strategy/liz-looks-at-market-signals-so-far/ https://www.tker.co/ https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8425873 https://www.investopedia.com/terms/o/opportunitycost.asp Learn more about your ad choices. Visit podcastchoices.com/adchoices

Anastasia Amoroso, the Chief Investment Strategist at iCapital, rejoins the show to help us identify unusual opportunities in the capital markets this year as the economy slows and rates come down. Plus, the Santa Claus Rally never happened, but investors were piling into ETFs in December like they were sure it would. Was the herd late to the rally, or is the recent retracement in the stock market just a speed bump on the track to higher highs? LINKS FOR SHOW NOTES: https://etfdb.com/compare/market-cap/ https://www.pgpf.org/infographic/the-national-debt-is-now-more-than-34-trillion-what-does-that-mean https://www.investopedia.com/the-national-debt-hit-a-record-usd34-trillion-how-much-should-you-worry-8421976 https://advantage.factset.com/hubfs/Website/Resources%20Section/Research%20Desk/Earnings%20Insight/EarningsInsight_010524.pdf https://www.investopedia.com/terms/r/retracement.asp https://icapital.com/about-us/anastasia-amoroso/ https://icapital.com/insights/investment-market-strategy/2024-market-outlook/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Joe Davis, Vanguard's Chief Global Economist, explains why the return of "Sound Money", with interest rates higher than the rate of inflation, will be good news for long-term investors, but will mean more muted returns for stocks than the past ten years. Plus, why he fears the Fed may cut too soon in 2024, bringing back memories of 1967. And, 2023 delivered some banner returns for certain stocks across sectors. Is this the beginning of new leadership in the stock market, or were those just last year's charms? LINKS FOR SHOW NOTES https://www.investopedia.com/what-can-investors-expect-for-the-economy-stock-market-bonds-and-crypto-in-2024-8414327 https://insight.factset.com/sp-500-cy-2024-earnings-preview-analysts-expect-double-digit-earnings-growth https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8420755 https://www.investopedia.com/terms/j/januarybarometer.asp https://investor.vanguard.com/investor-resources-education/news/vanguard-economic-market-outlook-2024-global-summary https://corporate.vanguard.com/content/corporatesite/us/en/corp/what-we-think/bios.html Learn more about your ad choices. Visit podcastchoices.com/adchoices

Liz Ann Sonders, the Chief Investment Strategist at Charles Schwab, tells us what to expect next year for the markets and the economy, and how investors should prepare. Plus, the Fed gave investors an early holiday gift by indicating three rate cuts in 2024, which sent the stock market soaring. But the recent rally hasn't totally convinced individual investors that these gains are here to stay. What are they waiting for? LINKS FOR SHOW NOTES https://www.youtube.com/watch?v=hQYXqwNDA88 https://www.investopedia.com/what-to-expect-in-the-markets-this-week-dec-18-8416490 https://awealthofcommonsense.com/2023/12/what-happens-after-a-20-up-year-in-the-stock-market/ https://www.investopedia.com/individual-investors-feel-emboldened-by-the-rally-leaning-more-into-stocks-and-etfs-8416125 https://www.investopedia.com/terms/s/santaclauseffect.asp https://www.schwab.com/learn/story/market-outlook-whats-store-2024 https://www.schwab.com/learn/story/us-outlook-one-thing-leads-to-another https://www.investopedia.com/terms/g/garp.asp https://www.investopedia.com/terms/s/santaclauseffect.asp Learn more about your ad choices. Visit podcastchoices.com/adchoices

It's been a year unlike any other for investors with a bear market in bonds, bank failures. the rise of A.I., and a reality check for the so-called "American Dream". We bring you Investopedia's Most Searched Terms of 2023, and what that Dream costs in today's dollars. Plus, Bitcoin is on another one of its magnificent rallies, up more than 180% in 2023. Ric Edelman of DACFP climbs back aboard The Express to explain the enthusiasm, and why it could get even bigger next year. LINKS FOR SHOW NOTES https://www.investopedia.com/2023-investopedia-terms-of-the-year-8409161 https://www.investopedia.com/the-american-dream-now-costs-over-usd3-million-8409951 https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html https://www.investopedia.com/terms/e/equityriskpremium.asp https://www.investopedia.com/what-to-expect-in-the-markets-this-week-4584772 https://dacfp.com/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Vivian Tu, aka Your Rich BFF, joins The Express to talk about how she became one of the most followed Fin-fluencers on social media, and shares the personal finance and wealth building secrets no one ever bothered tell us. Her new book, “Rich AF, The Winning Money Mindset that Will Change Your Life”, is full of those tips, and available for order now. Plus, investors are going to miss November which was just as sweet for bond investors as it was for stock bulls. Should we be curbing our enthusiasm about the Fed possibly cutting rates sooner than expected? LINKS FOR SHOW NOTES https://www.atlantafed.org/cqer/research/gdpnow https://www.fidelity.ca/en/insights/market-updates/timmermarketreport/ https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8409428 https://www.instagram.com/your.richbff/?hl=en https://www.yourrichbff.com/richaf https://www.investopedia.com/charlie-munger-buffett-s-right-hand-man-dies-at-99-8407672 Learn more about your ad choices. Visit podcastchoices.com/adchoices

A four-week run for the stock market has a few strategists calling for a time out, just in time for one of the seasonally strongest two week periods for the market. Amid this year's recovery, and following last year's plunge, retirement investors have mostly maintained their composure, according to Anne Ackerley, the Head of Retirement at Blackrock. She joins The Express to talk about how we have been behaving inside the $8.5 Trillion Asset Managers retirement plans and ETFs, and how those in or nearing retirement need to consider additional asset classes to make their money last. LINKS FOR SHOW NOTES: https://www.investopedia.com/terms/r/russell_3000.asp https://www.bespokepremium.com/interactive/posts/think-big-blog/happy-thanksgiving-2023-ytd-winners https://sentimentrader.com/company https://www.blackrock.com/us/individual/biographies/anne-ackerley https://www.blackrock.com/us/individual/insights/retirement/2023-read-on-retirement-survey https://www.investopedia.com/terms/o/okunslaw.asp Learn more about your ad choices. Visit podcastchoices.com/adchoices

The past couple of years have warped many of our perceptions about retirement, and the reasons why we save and invest. Doug Boneparth, Jamie Hopkins and Peter Lazaroff climb back aboard The Express to share their views about what the words "retirement" and "wealth" mean today, and how investors should approach their goals given higher interest rates and the end of easy money. Plus, the S&P Technology sector hits an all-time high as mutual fund managers are warming back up to stocks and planning for a soft landing. What could go wrong? links for show notes: https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html https://s201.q4cdn.com/262069030/files/doc_earnings/2024/q3/transcript/Q3-2024-Earnings-Call.pdf https://www.investopedia.com/what-to-expect-in-the-markets-next-week-4584772 https://www.investopedia.com/terms/d/deflation.asp https://www.investopedia.com/terms/d/disinflation.asp https://bonefidewealth.com/ https://www.bmt.com/wealth/bryn-mawr-capital-management/meet-the-team/ https://peterlazaroff.com/ https://thejointaccount.beehiiv.com/ https://www.investopedia.com/thanksgiving-dinner-will-cost-less-this-year-compared-to-2022-8403840 Learn more about your ad choices. Visit podcastchoices.com/adchoices

While most people agree that teaching financial literacy in high school is the right thing to do, only 23 states require at least one semester of financial education or personal finance curriculum in order to graduate. But progress is being made, and the path is being forged by leaders like Tim Ranzetta of Next Gen Personal Finance, and public school teachers across the country. Get to know a few of them and how they are delivering personal finance education into their classrooms. Plus, the stock market is doing its "November" thing, again, but only a few stocks are carrying the load. That's been a hallmark of 2023, which has provided us with another critical lesson in why we don't market time. LINKS FOR SHOW NOTES https://www.bloomberg.com/news/articles/2023-11-07/traders-move-coffee-around-to-hide-aging-beans-for-the-last-time https://www.dimensional.com/us-en/insights/what-happens-when-you-fail-at-market-timing https://www.investopedia.com/what-to-expect-in-the-markets-next-week-4584772 https://www.investopedia.com/terms/d/dollarcostaveraging.asp https://www.ngpf.org/ https://www.jumpstart.org/ https://www.investopedia.com/financial-literacy-resource-center-7151950 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Jeff Hisrsch, editor of The Stock Trader's Almanac, on why 'seasonality' matters for investors, and why the next six months are usually the strongest of the year. Plus, how his father, Yale Hirsch, developed the Almanac, and why lessons like "Sell in May and Go Away", and "The Santa Claus Rally", still endure to this day. And, the Fed paused its rate hiking campaign, as expected, and doesn't forecast a recession. So why is everyone else convinced one will come? LINKS FOR SHOW NOTES https://www.investopedia.com/terms/b/breadth-thrust-indicator.asp https://www.investopedia.com/what-to-expect-in-the-markets-next-week-4584772 https://www.nber.org/research/business-cycle-dating https://sites.google.com/site/claudiasahm/ https://www.investopedia.com/berkshire-hathaway-q3-2023-earnings-8386838 https://www.investopedia.com/terms/c/convertiblepreferredstock.asp https://www.stocktradersalmanac.com/ https://jeffhirsch.tumblr.com/ https://www.investopedia.com/terms/s/santaclauseffect.asp Learn more about your ad choices. Visit podcastchoices.com/adchoices

Shannon Sacoccia, the Chief Investment Officer for NB Private Wealth, climbs back aboard The Express to put the recent selloff into perspective, and to help us identify the signals to watch for that will turn the market around. Plus, it's been a cruel autumn for corporate earnings as investors have no patience for missed expectations. The thrill may be gone from the stock market for now, but history tells us that its best two months start this week. Links for show notes: https://www.investopedia.com/why-there-s-a-gold-rush-at-costco-8362722 https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html https://www.investopedia.com/what-to-expect-in-the-markets-next-week-4584772 https://www.investopedia.com/uaw-reaches-tentative-agreement-with-stellantis-expands-strike-against-gm-8384152 https://www.nbprivatewealth.com/en/who-we-are/shannon-saccocia https://twitter.com/ShannonSaccocia Learn more about your ad choices. Visit podcastchoices.com/adchoices

Dan Houston, President and CEO of the Principal Financial Group, joins The Express to talk about how we need to rethink, redefine and reeducate ourselves about retirement given rising costs, longer life-spans and a lack of financial education. Plus, the 10-year U.S. Treasury yield topped 5% last week for the first time since 2007. That's adding pressure across the capital markets and changing the long-term investing equation for generations of investors. LINKS FOR SHOW NOTES https://www.etoro.com/en-us/news-and-analysis/market-insights/sweating-the-small-cap-stocks/ https://www.investopedia.com/terms/c/cape-ratio.asp https://www.investopedia.com/what-to-expect-in-the-markets-next-week-4584772 https://investors.principal.com/investor-relations/our-business/leadership/senior-management-bios/default.aspx https://www.investopedia.com/terms/o/operatingleverage.asp Learn more about your ad choices. Visit podcastchoices.com/adchoices

The attack on Israel came at a critical time in the Middle East as the country was forming new economic alliances with Saudi Arabia and other nations that would reshape the geopolitical landscape in the region. Professor Simon Mabon of Lancaster University explains how that was playing out, and what might come next as Israeli forces enter Gaza ahead of a cold winter. Plus, the U.S. Treasury is having a hard time selling long bonds, but new, opportunistic buyers are circling, and they are playing an entirely different game. https://www.investopedia.com/terms/b/basis-trading.asp https://www.federalreserve.gov/newsevents/calendar.htm https://theconversation.com/profiles/simon-mabon-111408 https://www.vision2030.gov.sa/en/ https://www.investopedia.com/terms/n/nrv.asp https://www.investopedia.com/terms/f/fairvalue.asp https://www.investopedia.com/what-to-expect-in-the-markets-next-week-4584772 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Farnoosh Torabi joins the show to talk about her new book, "A Healthy State of Panic", and how we can use our fears to conquer our biggest challenges in money and life. Plus, investor anxiety is peaking again as long-term treasury yields spike, and the reliability of Treasury bonds faces a reckoning. Investors have choices, even if we choose to do nothing. LINKS FOR SHOW NOTES https://www.investopedia.com/terms/e/equityriskpremium.asp https://advantage.factset.com/hubfs/Website/Resources%20Section/Research%20Desk/Earnings%20Insight/EarningsInsight_100623A.pdf https://www.investopedia.com/what-to-expect-in-the-markets-next-week-4584772 https://www.investopedia.com/terms/b/bearsteepener.asp https://farnoosh.tv/ https://www.investopedia.com/terms/r/returnoninvestment.asp Learn more about your ad choices. Visit podcastchoices.com/adchoices

Christopher P. Gardner, the self-proclaimed CEO of Happyness, describes his journey from the depths of despair as a single, homeless father, to finding his path as a stock broker, investment manager, best-selling author, philanthropist and dream-manifester. Plus, the floods of September are receding, leaving a wake of destruction across the stock and bond markets. The good news is that the bad news is everywhere, and the next three months are historically the best for the stock market. Links for show notes: https://www.carsongroup.com/insights/blog/why-stocks-should-rally-in-the-fourth-quarter/ https://www.investopedia.com/what-to-expect-for-the-markets-next-week-4584772 https://www.chrisgardnermedia.com/ https://www.investopedia.com/terms/s/shortselling.asp https://www.financialplanningassociation.org/membership/all-benefits https://www.investopedia.com/student-loan-payments-restarting-tomorrow-8302592 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Diana Henriques, author of the new book, "Taming the Street: The Old Guard, The New Deal, and FDR's Fight to Save American Capitalism", joins the show to talk about how President Franklin Delano Roosevelt and a small group of men revolutionized Wall Street after Black Thursday with the establishment of the SEC and other agencies. Plus, how today's financial regulators are under pressure, and the risks that pose to all investors. And, investors are finally coming around to the Fed's 'Higher for Longer', mantra, and that is keeping stocks under pressure. LINKS FOR SHOW NOTES https://www.investopedia.com/what-to-expect-for-the-markets-next-week-4584772 https://www.investopedia.com/terms/a/appropriation.asp https://www.investopedia.com/articles/investing/031815/what-zero-interestrate-policy-zirp.asp https://www.investopedia.com/terms/b/blackthursday.asp https://www.gao.gov/legal/appropriations-law/resources http://dianabhenriques.com/ https://selfserve.decipherinc.com/survey/selfserve/20f6/230732 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Live from the Future Proof Wealth Festival, Jay Williams, former NBA player, TV host and college legend, and Joe McLean of MAI Capital, talk about how investing in sports is exploding as teams and athletes become securities and the athlete is now the asset. Plus, Grayscale Investments prepares for the SEC to greenlight its ETF. Dave Lavalle, head of ETFs at Grayscale tells us what to expect if, and when that happens. And more and more investors are preparing for no landing as inflation ticks higher ahead of the Fed's decision this week. LINKS FOR SHOW NOTES: https://www.federalreserve.gov/data/sloos/sloos-202307.htm https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html https://www.investopedia.com/what-to-expect-for-the-markets-next-week-4584772 https://www.joemclean.com/ https://www.instagram.com/realjaywilliams/ https://uaw.org/standup/ https://grayscale.com/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Katie Stockton, founder and managing partner of Fairlead Strategies, climbs back aboard The Express to share what the most important charts and indicators in the stock market are telling us right now. She shares her outlook for the broader market, individual sectors and cryptocurrency as seen through key technical indicators like the DeMark Indicator and MACD. Plus, it's a huge week for huge stocks like Apple and Alphabet given the new iPhone release and the DOJs antitrust suit against Google. We'll get you ready for the week ahead. Links for show notes: https://www.justice.gov/opa/pr/justice-department-sues-google-monopolizing-digital-advertising-technologies https://www.investopedia.com/arm-5-billion-ipo-is-the-years-biggest-us-yet-valued-at-over-50-billio-7965387 https://www.fairleadstrategies.com/trial https://www.investopedia.com/ask/answers/071414/whats-difference-between-moving-average-and-weighted-moving-average.asp https://www.investopedia.com/us-household-net-worth-grows-gains-in-stocks-real-estate-7967556 https://www.investopedia.com/what-to-expect-for-the-markets-next-week-4584772 https://www.fairleadstrategies.com/about https://www.fairleadfunds.com/tack https://www.investopedia.com/apple-announces-september-event-with-iphone-15-release-expected-7963221 https://www.youtube.com/watch?v=OLenSrOsWLc https://www.investopedia.com/terms/m/macd.asp Learn more about your ad choices. Visit podcastchoices.com/adchoices

It's been the summer of discontent for labor unions across industries, and the future of the way millions of people work and earn is in the balance. Suresh Naidu, Professor of Labor Economics at Columbia University explains the dynamics unfolding inside industries today that are pitting workers against executives and shareholders. Plus, where does organized labor go from here as A.I. and robotics permeate industries. And, the September effect will make the headlines this month, but that doesn't mean we need to pay attention to the historical axiom anymore. LINKS FOR SHOW NOTES: https://www.investopedia.com/terms/s/september-effect.asp https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html https://www.jimmybuffett.com/ https://home.treasury.gov/about/history/history-overview/history-of-the-treasury https://www.investopedia.com/what-to-expect-for-the-markets-next-week-4584772 https://www.nlrb.gov/ https://www.investopedia.com/terms/m/monopsony.asp https://econ.columbia.edu/econpeople/suresh-naidu/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Express is live and direct from Invest Fest 2023, the flagship event from Earn Your Leisure, as 20,000 attendees flock to Atlanta to learn wealth building, entrepreneurship, and investing lessons from some of the biggest names in the business. Our conversations with Casanova Brooks, Matt Garland, aka "MG The Mortgage Guy", and Armando Pantoja. Plus, investors face their fears of a potential market crash. Is it just paranoia or recency bias behind our anxiety? Links for Show Notes: https://podcasts.apple.com/ca/podcast/what-it-really-means-to-earn-your-leisure/id1529322197?i=1000521114217 https://www.investopedia.com/terms/m/mcclellanoscillator.asp https://www.investopedia.com/markets-waver-between-gains-and-losses-after-fed-chair-powell-suggests-fed-could-raise-rates-further-7852860 http://www.econ.yale.edu/~shiller/ https://www.instagram.com/casanova_brooks/ https://www.instagram.com/tallguytycoon/ https://www.instagram.com/mgthemortgageguy/ https://www.youtube.com/@EarnYourLeisure https://soundcloud.com/kingtripl3 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Dan Ives, the senior equity analyst for Wedbush Securities and one of the industry's top analysts, takes stake of the recent sell-off in tech stocks, and paints a picture of the A.I. future for companies including Apple, Tesla, Palantir and GM. Plus, why he thinks an Apple-ESPN merger is inevitable. Also... what's behind the recent real estate meltdown in Chinese real estate, and the new risk of a U.S. government shutdown in October. LINKS FOR SHOW NOTES: https://www.investopedia.com/terms/e/equityriskpremium.asp https://www.investopedia.com/terms/s/sharperatio.asp https://www.investopedia.com/what-to-expect-for-the-markets-next-week-4584772 https://www.wedbush.com/analysts/daniel-ives/ https://twitter.com/DivesTech https://www.investopedia.com/could-high-mortgage-rates-finally-sink-home-prices-7692982 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Legendary value investor and innovator Rob Arnott of Research Affiliates joins The Express to explain what Value investing really means today, and why the time is right for this style of portfolio allocation. Plus, credit card debt hits a record high as consumers dig deeper into their wallets, yet no one seems to be too worried about it. Should we be? https://www.investopedia.com/consumer-confidence-falls-in-august-7642387 https://www.newyorkfed.org/newsevents/news/research/2023/20230808 https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html https://advantage.factset.com/hubfs/Website/Resources%20Section/Research%20Desk/Earnings%20Insight/EarningsInsight_080423.pdf https://www.investopedia.com/terms/r/returnofcapital.asp https://www.investopedia.com/terms/r/returnoninvestmentcapital.asp https://www.investopedia.com/terms/r/roce.asp https://www.researchaffiliates.com/about-us/our-team/rob-arnott https://www.researchaffiliates.com/insights/publications#!/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Lindsey Bell, Chief Strategist at 248 Ventures, climbs back aboard The Express to take investors' temperatures following the Fitch credit rating downgrade. What's the message behind the drop from AAA to AA+, and why a potential government shutdown may make matters worse. Plus, investor was on the upswing according to our latest sentiment survey. Were we too giddy too soon? LINKS FOR SHOW NOTES https://twitter.com/justlbell?lang=en https://www.investopedia.com/terms/r/relative-value.asp https://www.investopedia.com/what-to-expect-for-the-markets-next-week-4584772 https://advantage.factset.com/hubfs/Website/Resources%20Section/Research%20Desk/Earnings%20Insight/EarningsInsight_080423.pdf https://www.investopedia.com/terms/b/bearsteepener.asp https://www.instagram.com/p/CstTLOfNETA/ https://www.youtube.com/watch?v=HmMMHjD7yEs Learn more about your ad choices. Visit podcastchoices.com/adchoices

After the Fed's latest rate hike, which may not have been its last, we search for points of weakness, and areas of continued strength in the markets with Kenny Polcari. Plus, Kenny drops one of his classic Italian seafood recipes on us, of course. Plus, "irrational exuberance" makes a return as a catchphrase. Is 2023 really like 1996? Listener survey: https://selfserve.decipherinc.com/survey/selfserve/20f6/230732?list=17 LINKS FOR SHOW NOTES: https://www.investopedia.com/what-to-expect-for-the-markets-next-week-4584772 https://advantage.factset.com/hubfs/Website/Resources%20Section/Research%20Desk/Earnings%20Insight/EarningsInsight_072823.pdf https://www.ftc.gov/news-events/news/press-releases/2023/06/ftc-takes-action-against-amazon-enrolling-consumers-amazon-prime-without-consent-sabotaging-their https://www.kennypolcari.com/ https://slatestone.com/2023/07/big-week-for-central-banks-earnings-try-the-mussels-bruschetta/ https://www.investopedia.com/terms/i/irrationalexuberance.asp https://www.c-span.org/video/?c4673464/user-clip-alan-greenspan-irrational-exuberance Learn more about your ad choices. Visit podcastchoices.com/adchoices

Brian Stelter, the special correspondent for Vanity Fair, and the host of The Hive podcast, explains what's really behind the actor and writer strikes facing the entertainment industry, and how Artificial Intelligence is changing the industry forever. Plus, the summer of Big Labor's discontent heats up as auto workers and UPS employees threaten to strike just as the economy starts to stabilize. https://www.nasdaq.com/press-release/the-nasdaq-100-index-special-rebalance-to-be-effective-july-24-2023-2023-07-07 https://investors.carvana.com/~/media/Files/C/Carvana-IR/documents/cvna-earning-release-q2-2023.pdf https://teamster.org/ https://www.investopedia.com/terms/p/payoutratio.asp https://www.vanityfair.com/contributor/brian-stelter https://podcasts.apple.com/us/podcast/inside-the-hive-by-vanity-fair/id1232383877 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Nate Geraci of the ETF Store joins the Express to breakdown Bitcoin's incredible rise this year, and why the biggest asset managers in the world like BlackRock have filed to launch Bitcoin ETFs. Has crypto-regulation peaked? Plus, consumer discretionary stocks have been the leaders of this bull market even though everyone says the consumer is tapped out. Why Taylor Swift says we should just 'shake it off'. https://www.investopedia.com/what-to-expect-for-the-markets-next-week-4584772 https://www.federalreserve.gov/monetarypolicy/beigebook202307.htm https://www.investopedia.com/terms/e/elliottwavetheory.asp https://etfstore.com/our-team/ https://theetfeducator.com/https://etfprime.com/ https://www.theice.com/products/194/US-Dollar-Index-Futures https://www.investopedia.com/inv-100-top-financial-advisors-7556227 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Dr. Preston Cherry joins The Express to talk about how financial therapy can help us break through our emotional barriers that prevent us from making the right investing, saving and planning decisions at any age. Plus, we run through the first-half scorecard and look for trends and patterns that provide clues for what the second half of the year may bring. And, earnings season is upon us and the forecast calls for pain - but is it already priced in? https://www.ssga.com/us/en/intermediary/etfs/funds/the-industrial-select-sector-spdr-fund-xli https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html https://www.ssga.com/us/en/intermediary/etfs/funds/spdr-sp-telecom-etf-xtl https://www.investopedia.com/what-to-expect-for-the-markets-next-week-4584772 https://www.investopedia.com/terms/d/dilutedeps.asp https://www.drprestoncherry.com/ https://www.youtube.com/watch?v=5uFwyPP5GOQ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Roger Aiaga-Diaz of The Vanguard Group, joins The Express to explain why investors should lower their expectations for future stock returns, and how to build a balanced portfolio now to withstand the next few years of high interest rates. Plus, volatility remains ultra-low, but activity in the options market is setting a record pace. Where's the disconnect, and who will end up on the wrong side of those bets? https://www.investopedia.com/terms/d/dcf.asp https://www.carsongroup.com/insights/blog/why-stocks-could-make-a-new-high-in-2023/ https://www.youtube.com/watch?v=dkPo5nfEk1w https://www.etoro.com/en-us/news-and-analysis/market-insights/surviving-the-push-and-pull-bull/ https://www.investopedia.com/what-to-expect-for-the-markets-next-week-4584772 Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Express streamed back into the Rockies for the 40th anniversary of the Food & Wine Classic to talk about the business of being a chef with Anna Castro and Calvin Eng, two of the best new chefs in America. Plus, three different approaches to investing in wine from an expert panel including Kerrin Laz, Michael Evans, and Noah Friedman. And, the Fed did what we thought it would, but telegraphed higher rates ahead. That didn't stop investors from sticking with stocks. Links for show notes: https://www.investopedia.com/what-to-expect-for-the-markets-next-week-4584772 https://www.investopedia.com/terms/m/meanreversion.asp https://www.ici.org/research/stats/mmf https://www.tedeschitrucksband.com/ https://www.foodandwine.com/food-wine-best-new-chefs-2022-6503303 https://www.instagram.com/anabanana_castro/ https://www.instagram.com/calvinhungry/ https://www.klazwinecollection.com/ https://the-vines.com/ https://www.topshelf.ventures/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Jay Woods, NYSE veteran and Chief Global Strategist for Freedom Capital Markets, joins the Express from the floor of the NYSE to examine the new bull market. It looks a little thin, but it is showing signs of strengthening. Plus what to watch and listen for as the Fed meets this week on interest rates, and what investors may have already decided for themselves. https://www.investopedia.com/what-to-expect-for-the-markets-next-week-4584772 https://www.investopedia.com/is-eurozone-in-a-recession-7509697 https://www.investopedia.com/terms/t/triplewitchinghour.asp https://www.investopedia.com/terms/p/presentvalue.asp https://twitter.com/JayWoods3 https://jaywoods.substack.com/ https://insight.factset.com/what-is-driving-the-expected-rebound-in-sp-500-earnings-growth-in-q4-2023 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Lex Sokolin, one of our favorite futurists, rejoins The Express to show us how A.I., ChatGPT, and the Blockchain are already changing finance and investing, and where they are taking us into the future. Plus, the debt ceiling drama is over, the labor market remains strong and the Fed appears poised to pause its rate hiking campaign? So why are hedge funds so bearish? Links for show notes: https://www.investopedia.com/terms/m/mark-to-market-losses.asp https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html https://www.apple.com/apple-events/ https://www.lexsokolin.com/ https://www.investopedia.com/what-to-expect-for-the-markets-next-week-4584772 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Stocks have fallen out of favor as Americans’ perception of the best long term investment according to a recent Gallup poll - even as the market is recovering from 2022’s losses. Michael Batnick and Ben Carlson of the Animal Spirits podcast, and Dr. Preston Cherry, founder of Concurrent Financial Planning, join the show to examine what wealth and retirement mean today, how that’s changed, and how to invest for the long term. Plus, we get the teenage perspective of wealth and retirement from some pretty savvy seventeen year-olds. And, A.I. is the new magic word in the markets. Is the hype worth believing? LINKS FOR SHOW NOTES https://www.drprestoncherry.com/about https://www.youtube.com/playlist?list=PLZgCX3KJ3XGCNSt9ynclginAZzAvgmzk3 https://www.stitcher.com/show/animal-spirits https://www.investopedia.com/what-to-expect-for-the-markets-next-week-4584772 https://www.investopedia.com/terms/p/pegratio.asp https://www.youtube.com/watch?v=G9i6MhZaz7s Learn more about your ad choices. Visit podcastchoices.com/adchoices

Jeff Kleintop, the Chief Global Investment Strategist for Charles Schwab rejoins The Express to share his favorite economic and market indicators, what to watch out for in the debt-ceiling showdown, and how to pick stocks around the world in today's bewildering environment. Plus, 52-week highs are popping all over the U.S. markets and all over the world. Do investors really believe the worst is behind us? LINKS FOR SHOW NOTES: https://allstarcharts.com/blog/ https://www.investopedia.com/what-to-expect-for-the-markets-next-week-4584772 https://www.schwab.com/learn/author/jeffrey-kleintop news.gallup.com/poll/505592/real-estate-lead-best-investment-shrinks-gold-rises.aspx https://www.youtube.com/watch?v=R8Hwe_YzYTo https://www.investopedia.com/articles/markets/050614/introduction-dark-pools.asp Learn more about your ad choices. Visit podcastchoices.com/adchoices

JC Parets of AllStarCharts rejoins The Express to help us find where the bulls are running across the entire global stock market, and shares his favorite wines for the Spring season. Plus, the debt ceiling deadline is approaching quickly, and the consequences of political inaction could send global markets into an unknown spiral if the U.S. gets hit with a credit rating downgrade. Will the lessons learned in 2011 help break the standoff in Washington D.C.? www.cmegroup.com/markets/energy/crude-oil/light-sweet-crude.quotes.html https://www.investopedia.com/what-to-expect-for-the-markets-next-week-4584772 www.investopedia.com/terms/d/debt-ceiling.asp https://www.investopedia.com/terms/c/coveredcall.asp https://www.investopedia.com/ask/answers/sell-open-buy-close-buy-open-sell-close-mean/ https://allstarcharts.com/blog/ https://www.investopedia.com/investopedia-newsletter-opt-in-7095821 https://www.investopedia.com/podcasts-5225085 https://www.investopedia.com/terms/1/52weekhighlow.asp Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Express steamed down to Rio de Janeiro for a quick trip to discover a city trying to transform itself into Latin America's tech capital, and change the course of Brazil's economic future. From the first Web Summit held in Latin America, we spoke with Gabriela Goncalves of Nilla Capital, and Marcos Casarin of Oxford Economics about Brazil's economy today, where it is headed, and the opportunities for investors and innovation. Plus, the latest results from our sentiment survey tell us investors are as scared as we've been all year. What's bugging us, and what are we doing about it? https://www.investopedia.com/what-to-expect-for-the-markets-next-week-4584772 https://www.youtube.com/watch?v=T-hWy7EMfzo https://twitter.com/RyanDetrick www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html https://www.youtube.com/watch?v=zAWFvYwmc2c https://rio.websummit.com/discover-rio/ https://blog.oxfordeconomics.com/content/author/marcos-casarin https://lavca.org/list-people/gabriela-davila-goncalves/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Mrs. Dow Jones rejoins the Express in front of a live audience to dispel the biggest money myths about making money, and shares hacks to help us earn more, keep more, and make our money last longer. Plus, investors are bracing for the Fed's next move, which could very well be its last for a little while. Why haven't all stocks woken up to the party? https://www.investopedia.com/what-to-expect-for-the-markets-next-week-4584772 https://www.investopedia.com/terms/r/receivership.asp https://www.instagram.com/mrsdowjones/ https://www.fdic.gov/about/strategic-plans/strategic/receivership.html Learn more about your ad choices. Visit podcastchoices.com/adchoices

Larry Kotlikoff, Professor of Economics at Boston University and a two-time presidential candidate, turns the world of financial planning and advice upside down in his book, “Money Magic: An Economist’s Secrets to More Money, Less Risk, and a Better Life”. Why he thinks we should marry for money, move back in with our parents, and keep investing through our retirement. Plus, transport stocks and homebuilder stocks are telling two different stories about the economy and the stock market. Which one is right? LINKS FOR SHOW NOTES https://www.investopedia.com/terms/d/dowtheory.asp https://www.investopedia.com/terms/b/bondladdering.asp https://kotlikoff.net/ https://larrykotlikoff.substack.com/ https://www.vandaresearch.com/news/ https://www.atlantafed.org/cqer/research/gdpnow www.cmegroup.com/markets/interest-rates/cme-fedwatch-too Learn more about your ad choices. Visit podcastchoices.com/adchoices

Callie Cox, eToro's Investment Analyst, joins the show to talk about the social online broker's new deal with Twitter to allow users to trade directly from the platform, how young investors are behaving, and why they are so misunderstood. Plus, the VIX may still be on Spring break, but the MOVE Index is warning of gathering storm clouds on the horizon. And, why the Velocity of Money is our term of the week. LINKS FOR SHOW NOTES https://www.investopedia.com/terms/d/dmi.asp https://www.investopedia.com/what-to-expect-for-the-markets-next-week-4584772 https://downloads.usda.library.cornell.edu/usda-esmis/files/tm70mv177/1n79jj23p/x920hc378/crop0423.pdf https://www.etoro.com/en-us/news-and-analysis/market-insights/how-to-spot-a-recession/ https://twitter.com/callieabost https://www.investopedia.com/terms/v/velocity.asp https://www.youtube.com/watch?v=QcnlgaRdN84 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Professor Alan Blinder of Princeton University, and former Vice-Chair of the Federal Reserve, joins the show to talk about what the Fed missed, which era in history this most clearly resembles, why this recession may be unlike any other, and why rumors of the Dollar's demise have been greatly exaggerated. Plus, the ultra-rare Zweig Breadth Thrust indicator just triggered, which historically means very good things for stocks. Links for show notes: https://www.investopedia.com/us-employers-added-236-000-jobs-in-march-underscoring-brisk-labor-market-7376799 www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html https://www.federalreserve.gov/releases/h8/current/ https://www.aba.com/about-us/press-room/press-releases/q2-2023-credit-conditions-index www.investopedia.com/articles/04/012104.asp www.investopedia.com/terms/b/breadth-thrust-indicator.asp https://www.youtube.com/watch?v=IaPPsEIxJok https://www.princeton.edu/blinder/ https://press.princeton.edu/books/hardcover/9780691238388/a-monetary-and-fiscal-history-of-the-united-states-1961-2021 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Guy Adami and Dan Nathan, the OG's of financial influence and founders of the Risk Reversal media empire, join the Express to reveal their processes and approach to trading the markets while talking about them all day long. Hear why they are bearish, where the risks are, and their rankings of the best rock bands of all time. Plus, why the calls for the demise of the U.S. Dollar may be #TooSoon. Links for Show Notes www.investopedia.com/terms/b/beartrap.asp www.investopedia.com/terms/r/reservecurrency.asp www.investopedia.com/terms/b/brettonwoodsagreement.asp https://www.investopedia.com/what-to-expect-for-the-markets-next-week-4584772? https://data.imf.org/?sk=E6A5F467-C14B-4AA8-9F6D-5A09EC4E62A https://www.investopedia.com/terms/c/consensusestimate.asp https://www.investopedia.com/terms/b/backwardation.asp https://www.investopedia.com/financial-literacy-resource-center-7151950 https://www.investopedia.com/terms/r/riskreversal.asp https://www.cnbc.com/fastmoney/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Anastasia Amoroso, Chief Investment Strategist for iCapital, rejoins the show to help decode the Fed's latest decision on interest rates and the curious language in its statement. Plus, what she is looking for inside bank balance sheets to determine just how healthy, or sick they actually are. And, despite the swirling fears around the banking sector, some of the riskiest assets are the best performers in the first quarter. Will that continue? Links for show notes: www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20230322.pdf https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html www.insiderinsights.com/newsletter/ https://www.investopedia.com/what-to-expect-for-the-markets-next-week-4584772 https://icapital.com/about-us/anastasia-amoroso/ https://www.investopedia.com/terms/c/credit-cycle.asp https://www.investopedia.com/terms/m/marketrisk.asp www.investopedia.com/terms/c/creditdefaultswap.asp Learn more about your ad choices. Visit podcastchoices.com/adchoices

Justin Wolfers, professor of public policy and economics at the University of Michigan, says the economy is in much better shape than most people think, and the Fed actually can hike rates while putting out the fire storm around banks. Plus, Big Tech is back in the driver's seat as investors return to their old favorites in search of safety and the prospect for a pause in rate hikes. LINKS FOR SHOW NOTES https://www.investopedia.com/usb-and-credit-suisse-forced-to-merge-7367988 www.businesswire.com/news/...c-Bank www.moodys.com/resea...361119 www.federalreserve.gov/newsevents/pressreleases/monetary20230312a.htm www.sipc.org/for-investors/what-sipc-protects https://fordschool.umich.edu/faculty/justin-wolfers https://twitter.com/JustinWolfers www.investopedia.com/terms/l/liquidity-coverage-ratio.asp https://www.investopedia.com/terms/b/basel_accord.asp https://www.youtube.com/watch?v=o-D3Pfa-ViY Learn more about your ad choices. Visit podcastchoices.com/adchoices

Christopher Whalen, Chairman of Whalen Global Advisors, and author of the Institutional Risk Analyst newsletter, joins the show to explain how SVB's mismanagement and the Fed's lack of awareness of the impact of rising interest rates, brought the 40-year financial institution down. We also look into the overall health of the nation's banks amid these rising rates, and the prognosis isn't great. Also, commodity prices have come way off their highs and could lead headline inflation lower, at last. LINKS FOR SHOW NOTES: https://www.birinyi.com/index.php/newsletter-service.html https://www.fdic.gov/news/press-releases/2023/pr23016.html www.investopedia.com/what-to-expect-for-the-markets-next-week-4584772 https://www.fdic.gov/news/press-releases/2023/pr23016.html www.investopedia.com/terms/f/fdic.asp https://www.youtube.com/watch?v=EY-HYUFlCPs https://www.theinstitutionalriskanalyst.com/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Phil Pearlman joins the Express to talk about the importance of harmonizing our financial health with our emotional and physical wellbeing, and the path to getting there. Plus, there are plenty of sectors and stocks breaking out to 52-week highs despite a pretty range-bound market. We name names and get you ready for this week's big labor market reports that will weigh heavily on future rate hikes. LINKS FOR SHOW NOTES https://twitter.com/TimmerFidelity www.investopedia.com/what-to-expect-for-the-markets-next-week-4584772 https://www.barchart.com/stocks/highs-lows https://www.investopedia.com/terms/g/goodwill.asp https://primecuts.substack.com/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Express visits Barcelona Spain for a deep dive into the culture and the economic underpinnings of this European gem. Angel Talavera of Oxford Economics helps us understand Spain's economy, and where this country is headed over the next few years. Plus, roll down the window because investor sentiment stinks as U.S. markets are coming off their worst week of the year. Why investors need to reset their expectations a'hora mismo. LINKS FOR SHOW NOTES: https://epfr.com/insights/category/quant-insights/ www.investopedia.com/terms/v/valuelineindex.asp www.investopedia.com/terms/v/valuelineindex.asp www.tesla.com/blog/secret-tesla-motors-master-plan-just-between-you-and-me https://www.investopedia.com/legality-biden-student-loan-forgiveness-6273996 https://www.investopedia.com/terms/t/terminalvalue.asp Learn more about your ad choices. Visit podcastchoices.com/adchoices

Liz Young, Chief Investment Strategist at SoFi, climbs back aboard The Express to explain why investors may be overly optimistic right now, and what key signals to watch for in the coming months to tell us that the coast is really clearing. Plus, consumer credit stretches to new all-time highs as the Federal Reserve battles sticky high inflation. Why this may become an even bigger problem as the economy slows. LINKS FOR SHOW NOTES https://www.newyorkfed.org/microeconomics/hhdc https://www.sofi.com/article/investment-strategy/liz-looks-at-how-long-will-this-take/ https://podcasts.apple.com/lb/podcast/the-important-part-investing-with-liz-young/id1586026643 https://www.investopedia.com/terms/b/businesscycle.asp https://www.investopedia.com/terms/s/shortselling.asp https://www.blackbusinesshistorymonth.com/day-10-ernesta-procope/ https://www.investopedia.com/articles/investing/100913/basics-short-selling.asp https://www.thebalancemoney.com/fair-plan-policies-2645392 Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Express heads to ETF Exchange to learn what is coming down the tracks for investors who ride the exchange traded funds rails. Todd Rosenbluth of VettaFi and Reggie Browne of GTS join the show to tell us why there is still a lot of growth ahead for the industry, and why they are creating new solutions for more discerning investors. Plus, a little risk-reversal takes hold after a torrid January, just as retail investors dive headlong into the options market. Be careful out there. Links for show notes: www.etoro.com/news-and-analysis/in-depth-analysis/the-costs-of-rising-short-termism/ https://www.cboe.com/data/market_statistics/ https://advantage.factset.com/hubfs/Website/Resources%20Section/Research%20Desk/Earnings%20Insight/EarningsInsight_021023.pdf https://exchangeetf.com/ www.investopedia.com/terms/d/deflation.asp www.investopedia.com/terms/d/disinflation.asp https://www.etftrends.com/author/toddrosenbuth/ https://gtsx.com/reginald-m-browne/ https://www.investopedia.com/terms/e/etf.asp Learn more about your ad choices. Visit podcastchoices.com/adchoices

Peter Tuchmann, aka “The Einstein of Wall Street”, and the most visible trader on the floor of the NYSE, explains what actually happens on the floor of the world’s most famous exchange, how it has changed, and why human beings will always be essential to the capital markets. Plus, what in the world is going on with the U.S. labor market? We break down the latest jobs numbers, and why they defy fears of a recession. Links for show notes: www.investopedia.com/terms/n/nonfarmpayroll.asp www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html www.investopedia.com/what-to-expect-for-the-markets-next-week-4584772 https://www.investopedia.com/terms/c/convertible-security.asp https://www.einsteinofwallst.com/ https://wall-street-global-trading-academy.teachable.com/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Ray Dalio, the founder of Bridgewater Associates, and author of the Principles series of books and videos, rejoins The Express, to talk about his latest addition to the set, how he sees the current economic dynamic playing out, and why we keep repeating the same cycles over centuries in capital markets. Plus, the latest results of our reader sentiment survey tell us you are a little less afraid to invest, but not yet ready to run with the Bulls. The Bulls, however, are already running. LINKS FOR SHOW NOTES https://www.investopedia.com/january-rally-tempers-fear-among-individual-investors-but-cautiousness-remains-7099771 https://www.investopedia.com/terms/j/januaryeffect.asp https://www.investopedia.com/what-to-expect-for-the-markets-next-week-4584772 https://www.principles.com/ https://www.bridgewater.com/people/ray-dalio https://www.youtube.com/watch?v=Nu4lHaSh7D4 https://www.investopedia.com/what-is-chatgpt-7094342 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Bill Dudley, former President and CEO of the NY Federal Reserve bank, joins the show to talk about what really happens inside the Fed and the FOMC ahead of key meetings on interest rates, and what to expect at the next two key meetings. Plus, global stock markets are making a head-spinning comeback as countries facing steep economic downturns are delivering huge equity returns. And, a record amount of cash is sitting in cash. We look at where it may flow next. LINKS FOR SHOW NOTES www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html https://www.investopedia.com/terms/v/vix.asp https://advantage.factset.com/hubfs/Website/Resources%20Section/Research%20Desk/Earnings%20Insight/EarningsInsight_012023.pdf www.investopedia.com/ask/answers/06/dilutivestock.asp https://www.youtube.com/watch?v=T0cAGOgJH3c https://www.newyorkfed.org/aboutthefed/orgchart/dudley.html https://gceps.princeton.edu/william-c-dudley/ https://www.abebooks.com/signed/Economics-Introductory-Analysis-Samuelson-Paul-McGraw-Hill/30058256356/bd Learn more about your ad choices. Visit podcastchoices.com/adchoices

William D. Cohan, best-selling author, joins the show to talk about his new book about GE, "Power Failure: The Rise and Fall of an American Icon", the legacy of Jack Welch, and our endless fascination with the cult of the CEO. Plus, as the Debt Ceiling approaches, the U.S. Treasury is warning of a repeat of 2011 that could derail markets and deliver a serious blow to the country's precarious financial situation. And, risk is back on the menu as promiscuous investors hunt for yield in dangerous places. LINKS: https://allstarcharts.com/blog/ www.investopedia.com/terms/d/debt-ceiling.asp https://home.treasury.gov/news/press-releases/jy1188 www.weforum.org/events/world-economic-forum-annual-meeting-2023 www.investopedia.com/terms/d/discountrate.asp https://williamcohan.com/ https://www.youtube.com/watch?v=j8d-IYSM-08&t=1603s The Investopedia Reader Sentiment Survey Learn more about your ad choices. Visit podcastchoices.com/adchoices

Taylor Schulte, the founder of Define Financial and the host of the "Stay Wealthy Retirement", podcast, joins The Express to help us ease our stress and find opportunities in uncertain markets like this one. Plus, the enigma that is the U.S. labor market, and what the layoffs in Big Tech are telling us. And, what to watch this week as inflation and earnings take center stage. LINKS FOR SHOW NOTES www.federalreserve.gov/monetarypolicy/fomcprojtabl20221214.htm https://www.investopedia.com/terms/c/consumerpriceindex.asp https://advantage.factset.com/hubfs/Website/Resources%20Section/Research%20Desk/Earnings%20Insight/EarningsInsight_010623A.pdf https://www.taylorschulte.com/ https://www.definefinancial.com/ https://www.taylorschulte.com/my-podcasts/ https://www.investopedia.com/terms/p/ponzischeme.asp https://www.investopedia.com/who-is-charles-ponzi-5216783 www.investopedia.com/terms/i/inflation-swap.asp https://www.sho.com/billions Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Express is back on the tracks and riding into 2023 with the tale of the tape from last year's historically challenging markets, and the outlook for the year ahead. Plus, Salim Ramji, Global Head of iShares and Index Investments for BlackRock, joins the show to talk about why 2023 will be big for bond ETFs, and why the overall market for exchange traded products is only getting bigger as investors demand customization. And... Warren Buffett's secret to not buying stocks. Links for show notes: https://www.carsongroup.com/insights/blog/ https://www.ishares.com/us/insights/investor-progress-report https://myepfr.com/insights/press-release/epfr-data-reports-total-global-etf-assets-exceed-10-trillion/ https://www.investopedia.com/terms/j/januaryeffect.asp https://charlierose.com/videos/31221 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Brian Portnoy, best-selling author and founder of Shaping Wealth, joins The Express to talk about how financial planning is evolving to become more holistic, and how we are rethinking our definitions of wealth. Plus, 2023 gave investors just about all we could handle, so what's in store for the new year? We look around the bend at what's on the tracks in 2023. LINKS FOR SHOW NOTES https://pitchbook.com/news/articles/merger-acquisition-deal-global-trends-q3-2022 https://www.investopedia.com/surveying-the-investor-landscape-for-2023-6835785 www.spglobal.com/marke...960244 www.investopedia.com/terms/c/capitulation.asp https://www.shapingwealth.com/ https://www.amazon.com/stores/Brian-Portnoy/author/B00E9B8W74 Learn more about your ad choices. Visit podcastchoices.com/adchoices