Full Signal

Jeff Park is a veteran macro investor and CIO at ProCap Financial. He joins Phil Rosen on Full Signal to walk through three forces reshaping asset markets: accelerating demographic decline, widening wealth inequality, and AI's labor-destructive impact on the economy.This episode is sponsored by Public: https://public.com/openingbellSubscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/Timestamps:0:00 - Intro0:25 - Jeff's viral essay1:55 - 3 macro certainties2:50 - Demographic headwinds5:55 - Coming liquidity event7:40 - Wealth vs. income inequality13:45 - Generational wealth transfer16:10- AI is labor destructive18:45 - Mispriced education trap20:25 - What makes Jeff optimistic21:00 - US demographics edge24:30 - Universal basic income25:45 - Trump Accounts as soft UBI26:50 - Reimagining private-public partnerships28:40 - How to play the 3 mega trends30:25 - Radical portfolio theory32:15 - How to invest for the future34:25 - Follow Jeff's workDisclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.#podcast #investing #markets #macro #stocks #bitcoin #fed

Robinhood's chief investment officer Stephanie Guild joins Phil Rosen on Full Signal to unpack the exact framework behind the $1.5 billion Robinhood Strategies portfolio, including the specific stocks she's buying right now, why she moved off the Magnificent 7 over a year ago, and the two biggest risks threatening markets in 2026.This episode is sponsored by Public: https://public.com/openingbellSubscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/Timestamps:0:00 - Intro0:25 – Robinhood's investment thesis2:55 – Compelling stock picks5:25 – Robinhood Strategies' strategy9:50 – The rise of retail investors12:00 – What Robinhood users are actually buying15:05 – Robinhood Strategies vs. index funds16:05 – Calling Mag 7 rotation early20:20 – Under-the-radar opportunities22:40 – S&P 500 target of 7,50029:20 – 2 biggest market risks32:30– How to hedge as a retail investor34:25 – What's next for RobinhoodDisclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.#podcast #investing #markets #macro #stocks #bitcoin #fed

Bob Elliott is the co-founder and CIO of Unlimited Funds. He joins Phil Rosen to discuss the macro outlook and oil shock, the Fed's dilemma, portfolio positioning for 2026, and lessons from working next to Ray Dalio.This episode is sponsored by Public: https://public.com/openingbellSubscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/Timestamps:0:00 - Intro0:30 - The current economic shift1:25 - Impact of oil shock3:45 - The Fed's impossible situation5:25 - Labor market weakness7:15 - Fed nominee Kevin Warsh10:15 - Why stocks haven't sold off13:15 - Oil shock amnesia gripping markets15:10 - Commodities, risk reduction, rebalancing17:10 - Long-term positioning19:45 - Gold and bitcoin23:45 - What investors are getting wrong today26:25 - Pain comes before policy29:20 - Lessons from Ray Dalio32:00 - The 55/45 rule35:10 - Putting hedge fund strategies in an ETF37:35 - HFGM39:10- Follow Bob ElliottDisclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.#podcast #investing #markets #macro #stocks #bitcoin #fed

Veteran journalist and commentator JD Durkin, host of Taking Stock at the New York Stock Exchange, joins Phil Rosen on Full Signal to break down why markets keep shaking off bad news, the rotation out of Mag 7, and the risks that could derail the bull run.This episode is sponsored by Public: https://public.com/openingbellSubscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/Timestamps:0:00 - Intro0:28 - Markets During Iran Conflict2:55 - Market Rotation6:15 - Trump Era Policy Risks11:01 - AI Trade, Software Selloff16:37 - The 'Halo' Stock Theory19:05 - Dollar Discounters Signal Stress21:38 - Main Street vs Wall Street23:54 - $200 Dollar Oil?25:49-  Where to Follow JD26:27 - Thanks JF For Joining The Show!Disclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.#podcast #investing #markets #macro #stocks #bitcoin #fed

Anthony Pompliano is the CEO of ProCap Financial. He joins Phil Rosen on Full Signal to discuss bitcoin’s weak price action, the slowing labor market and geopolitical risks, the Fed’s policy errors, and how AI will change the macro and investment landscape.This episode is sponsored by Public: https://public.com/openingbellSubscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/Timestamps:0:00 - Intro0:24 - Bitcoin vs Gold3:40 - Jobs Data and AI Impact6:07 - Deflation & Why The Fed Needs To Cut Rates10:30 - Oil Prices vs Deflation Forces14:45 - Why Consensus Gets It Wrong20:07 - AI Skills to Get Hired If You're Looking For Work23:27 - Thanks Pomp For Joining!Disclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.#podcast #investing #markets #macro #stocks #bitcoin #fed

Luke Kawa is a veteran financial writer and analyst, and the markets editor at Sherwood Media. He joins Phil Rosen to unpack the market rotation out of Big Tech, weak Magnificent 7 cash flows, the risks of hyperscaler spending, and how AI is showing up in the rates market.This episode is sponsored by Public: https://public.com/openingbellSubscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/Timestamps:0:00 - Intro 00:39 - The Market Is Stalling and Searching For Safety02:34 - Mag 7 Cash Flow Slide04:57 - Nvidia's ROI Reality Check06:56 - Change In Valuations09:43 - AI Bubble or AI Breakthrough?13:13 - AI Disruption Hits The Rates Market16:12  - Private Credit Under Pressure18:33 - The Stock Market Is the Economy24:09 - Optimistic Outlook?28:22 - Where to Follow LukeDisclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.#podcast #investing #markets #macro #stocks #bitcoin #fed

Neil Dutta is head of economics at Renaissance Macro. He joins Phil Rosen to discuss the macro implications of the Iran war, the risks of rising oil prices, pressure on the Federal Reserve, and the new outlook for markets.This episode is sponsored by Public: https://public.com/openingbellSubscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/Timestamps:0:00 - Intro0:26 - Neil's cautious views5:18 - AI replacing jobs7:42 - Iran and oil prices10:41 - Oil's "Hamilton Trigger" 12:25 - Public & Generated Assets13:34 - Oil impact on consumers15:21 - Oil shock and Fed policy17:53 - Rate cuts and supply shock22:05 - Nominee Kevin Warsh 30:15 - Evaluating Jerome Powell32:22 - Follow Neil's researchDisclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.#podcast #investing #markets #macro #stocks #bitcoin #fed

Lou Basenese is a veteran market strategist and the founder of The Big Skinny. He joins Phil Rosen to discuss his highest-conviction sectors and stock picks for 2026, how AI is driving a market sell-off and labor market fears, and contrarian opportunities for investors.This episode is sponsored by Amberdata: https://www.amberdata.io/This episode is sponsored by Public: https://public.com/openingbellSubscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/Timestamps:0:00 - Intro0:25 - AI-driven sell-off4:50 - AI productivity gains6:08 - Block layoffs8:30 - Sponsored by Amberdata9:30 - Biotech bull case, $XBI12:36 - Risks to biotech14:54 - Energy bull case, $XLE17:05 - Small cap bull case20:15 - Halozyme21:37 - Apple's AI pivot25:08 - GLP-1 bull case28:45 - Follow Lou's workDisclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.#podcast #investing #markets #macro #stocks #bitcoin #fed

Adam Parker is the founder and CEO of Trivariate Research. He joins Phil Rosen to discuss his strategy for picking winning semiconductor stocks, investing in AI, hedging against risks in the market, his highest-conviction trade ideas and more.This episode is sponsored by Public: https://public.com/openingbellSubscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/Timestamps:0:00 - Intro0:30 - AI fears sell-off4:25 - Picking semiconductor stocks7:50 - Nvidia earnings9:08 - S&P 500 is an AI ETF10:15 - Public & Generated Assets11:22 - 9 semiconductor categories16:41 - Hedging AI risks19:15 - Bullish indicators21:40 - Shifting valuation metrics24:49 - Institutional sentiment26:07 - Korea stocks27:33 - Healthcare bull case31:45 - Financials sector33:31 - Follow Adam's workDisclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.#podcast #investing #markets #macro #stocks #bitcoin #fed

Vincent Daniel is one of the legendary investors featured in “The Big Short” and he is the co-founder of Seawolf Capital. He joins Phil Rosen to discuss the outlook on the AI trade, specific trade ideas for 2026, why he’s bullish on Brazil, gold and uranium, and much more.This episode is sponsored by Amberdata: https://Amberdata.ioThis episode is sponsored by Public: https://public.com/openingbellWatch on YouTube: https://youtu.be/HnEZZN9VPG4Subscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/Timestamps:0:30 - AI and Citrini sell-off3:20 - Bear case for AI5:55 - Software stocks9:00 - Amberdata10:00 - Magnificent 7 and AI fears13:37 - Bullish gold16:45 - Energy exposure18:25 - Bullish Brazil, EM20:30 - Private markets risk, $OWL24:50 - Inevitable money printing27:09 - Big Short 2008 lessons29:30 - 2008 and lack of faith33:10 - Follow VinnyDisclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.#podcast #investing #markets #macro #stocks #bitcoin #fed

Michael Casper is a senior US equity strategist at Bloomberg Intelligence. He joins Phil Rosen to discuss the winning stocks for President Trump's new tariffs, the sectors exposed to trade risk, why materials, metals and small-caps are rallying, and more.This episode is sponsored by Public: https://public.com/openingbellSubscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/Timestamps:0:00 - Intro0:28 - Trump Supreme Court Tariff Reset - What Happens Next?7:05 - Titans vs Tulips framework11:14 - Inside the Titans basket13:32 - Why defense names hold up16:04 - Inside the Tulips basket18:52 - Materials sector surge23:20 - Small cap revival thesis26:27 - Profitable vs unprofitable small caps29:07 - Mag Seven bubble debate32:26 - Software repricing and AI risk35:17 - Where to find Michael’s workDisclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.#podcast #investing #markets #macro #stocks #bitcoin #fed

Chris Kline is the co-founder of Bitcoin IRA. He joins Phil Rosen to discuss the new bear market, why bullish policy tailwinds haven't pushed the asset higher, institutional adoption, bitcoin tax advantages, and more.This episode is sponsored by Amberdata: https://Amberdata.ioThis episode is sponsored by Public: https://public.com/openingbellSubscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/Timestamps:0:00 - Intro00:22 - Why Bitcoin underperformed4:29 - Gold vs. Bitcoin6:44 - Volatility, bear markets, and why long-term DCA still wins10:03 - Retail Is Selling, Institutions Are Buying12:06 - Bitcoin in retirement accounts15:39 - ETFs vs. owning real Bitcoin18:41 - Why Tokenization is coming21:35 - Bitcoin IRAs25:26 - Bitcoin Price Prediction Through End Of Year27:17 - Thanks Chris For Joining![5:01 PM]Disclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.#podcast #investing #markets #macro #stocks #bitcoin #fed

Steve Hou is a quantitative researcher at Bloomberg covering multi-asset strategy research and holds a PhD in financial economics. He joined Phil Rosen to discuss the US-China AI arms race, how investors can position for the shifting world order, stock market performance in Latin America, South Korea and South Africa, and much more.This episode is sponsored by Public: https://public.com/openingbellSubscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/Timestamps:0:00 - Intro0:49 - Why 2026 Is the Year Geopolitics Becomes ‘Macro’4:25 - Who’s Winning So Far9:06 - US vs China Risk & Camp Exposure11:35 - Do Fundamentals Still Matter?15:47 - Picking Sides vs Owning Both20:54 - Policy Risk - What Happens After Trump?23:31- Managed Decoupling & Volatility Cycles26:05 - Currencies & Returns31:15 - Do Winners Keep Winning?37:06-  AI Arms Race: No ‘Winner,’ Just a Long Marathon40:27 - Where to Find Steve’s ResearchDisclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.#podcast #investing #markets #macro #stocks #bitcoin #fed

Todd Sohn is chief ETF strategist at Strategas. He joins Phil Rosen to discuss the next leg of the bull market, undervalued sectors for stock investors, why energy and healthcare could outperform in 2026 and the metals rally.This episode is sponsored by Public: https://public.com/openingbellSubscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/Timestamps:0:00 - Intro0:24 - Hidden Concentration in Popular ETFs4:40 - ‘Metal Mania’: Silver/Gold ETF Frenzy9:32 - Energy Is Needed, But Why Stocks Are Lagging12:12 - Healthcare - What's Working (Pharma/Biotech) vs. What’s Not (Managed Care)17:15 - Bitcoin & Crypto ETF Outflows21:45 - Leverage ETFs: The Bull/Bear Ratio and Profit-Taking Flows25:15 - Prediction Markets & Levered Singles27:51 - Making Sense of Recent Sector Selloffs29:38 - Where AI Hits Next (Healthcare, Insurance)30:55 - Strategas' ETF Lineup Explained34:00 - Thanks Todd For JoiningDisclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.#podcast #investing #markets #macro #stocks #bitcoin #fed

Kai Wu is the founder of Sparkline Capital, and his research focuses on finding AI winners and losers in the stock market. He joined Phil Rosen to discuss the next phase of the AI boom, how to spot early adopters to invest in, market data drawn from earnings calls and AI implementations, and more.  This episode is sponsored by Public: https://public.com/openingbellSubscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/Timestamps:0:00 - Intro0:24 - Understanding the AI Adoption Phase1:19 - Current Trends in AI, Historical Patterns04:04 - Tracking AI Mentions & Economic Gains7:15 - Excess Returns in AI12:04 - AI Infrastructure vs. Early Adopters17:30 - Market Sentiment, Saas Selloff24:00 - Infrastructure Valuations26:55 - AI ROI Examples29:02 Conclusion and Final ThoughtsDisclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.#podcast #investing #markets #macro #stocks #bitcoin #fed

Hamilton Reiner is head of US equity derivatives and portfolio manager at JPMorgan Asset Management. He joins Phil Rosen to discuss stock picking and positioning for 2026, options as a hedge, income ETFs, the AI trade, and anecdotes from Lehman Brothers in 2008.This episode is sponsored by Amberdata: https://Amberdata.ioThis episode is sponsored by Public: https://public.com/openingbellSubscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/Timestamps:0:00 - Intro0:27 - Market Overview & Stock Exposure1:49 - How The AI Trade Will Evolve5:48 - Tech Investment Products - HEQQ9:00 - Using Options As Hedging12:15 - Capped Upside14:21 - Income ETFs17:15 - Portfolio Diversification Through Each Fund20:45 - Tech Exposure Concerns27:29 - Hamilton Lost Everything - Lessons from Working At Lehman Brothers In 200832:25 - Where to Find Hamilton OnlineDisclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.#podcast #investing #markets #macro #stocks #bitcoin #fed

JC Parets is one of the leading stock market analysts and chart technicians in the world, and the founder of TrendLabs. He joins Phil Rosen to break down the most important charts driving asset prices, small-cap versus large-caps, predictions for the year ahead and more.This episode is sponsored by Public: https://public.com/openingbellSubscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/Timestamps:0:00 - Intro0:24 - Small Cap vs. Large Cap4:14 - The Relationship Between Software Stocks and Crypto6:50 - Small Cap Financials & Russell 200014:32 - S&P - Fibonacci Extension Levels16:49 - S&P 500 Breakout Implications20:41 - Emerging Markets at All-Time Highs24:22 - Energy Stocks vs. US Treasury Bonds29:19 - Market Predictions32:08 - Where to Find JC OnlineDisclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.#podcast #investing #markets #macro #stocks #bitcoin #fed

Michael Gayed is the founder of the Lead Lag Report and manages multiple funds and ETFs. He joined Phil Rosen for a deep-dive on the Japan carry trade, the risks to investors, how to hedge against outlier events, what comes next for the AI trade and more.This episode is sponsored by Amberdata: https://Amberdata.ioSubscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/Timestamps:0:00 - Intro0:26 - Japanese carry trade3:25 - Japan leverage, rates5:18 - Oil’s currency impact7:08 - Carry trade backstop7:52 - Portfolio positioning10:15 - Oil price outlook11:25 - Amberdata13:12 - Japan policy errors16:17 - Global equities impact17:40 - AI trade risks20:16 - Lagged productivity gains22:11 - AI’s political impact23:59 - Hyperscaler capex25:54 - Groupthink 27:02 - Consensus bullishness28:30 - Michael’s work Disclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.#podcast #investing #markets #macro #stocks #bitcoin #fed

Michael Reinking is a senior market strategist at the New York Stock Exchange. He joins Phil Rosen on Full Signal to discuss the metals meltup, the rally in small-cap stocks, the rise of retail investors, changes in market structure, and more.This episode is sponsored by Public: https://public.com/openingbellSubscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/Timestamps:0:00 - Intro0:20 - Gold & silver7:45 - Small-caps, market rotation14:20 - Public & Generated Assets15:30 - Bear case for ‘2619:40 - Rise of retail investors23:20 - Market structure shifts27:50 - S&P 500 breadth30:33 - Key indicatorsDisclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.#podcast #investing #markets #macro #stocks #bitcoin #fed

Danny Moses is a legendary investor who was depicted in “The Big Short” for his role in correctly betting against the US housing market crash in 2008. He joins Phil Rosen on Full Signal to unpack the gold and silver trade, the biggest market risks in 2026, and what could turn into the next Big Short.This episode is sponsored by Public: https://public.com/openingbellSubscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/Timestamps:0:00 - Intro0:28 - Gold & silver5:17 - AI and metals6:15 - AI circular financing9:03 - Energy trade11:40 - Public & Generated Assets12:50 - Uranium14:37 - Oil & energy sector16:38 - Hidden opportunities18:07 - Market rotation20:48 - Government debt23:48 - Weaker US dollar25:39 - 2008 parallels28:23 - Bullish environment30:23 - Lessons of 200833:34 - The next Big Short35:47 - Easing regulations37:59 - Danny’s work and mediaDisclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.#podcast #investing #markets #macro #stocks #bitcoin #fed