The future of the Federal Reserve’s independence will come into clearer focus this week as the central bank will likely lower interest rates for the first time since last December, potentially pacing the way for more cuts this year as the labor market weakens and prices keep rising. But all eyes will be on who votes for a rate cut after the President fired Fed Governor Lisa Cook and appointed Stephan Miran, his former Chair of Economic Advisers. Claudia Sahm, a former Fed economist, helps us understand the importance of this week’s meeting, the future of the central bank, and the real health of the U.S. economy. The stock market might be at record highs, but the foundations of American capitalism are shaking. Learn more about your ad choices. Visit podcastchoices.com/adchoices
The wealth management industry finds itself facing a cascading wave of wealth transfer, A.I. disruption, and a never-ending conveyor belt of product choices. That’s why thousands of them flock to the Future Proof Wealth Festival in Huntington Beach, California every September where they learn how to fortify their practices, learn from each other and find ways to survive and thrive in an increasingly challenging industry. The Express rolls in on the boardwalk, and Dave Nadig, the ETF Wizard and president of ETF.com, drops in for wave check. Learn more about your ad choices. Visit podcastchoices.com/adchoices
With the stock market near record highs again, and nearly every valuation metric pointing to extremes, are we at the precipice of our own “irrational exuberance” moment, or just riding this bull through an AI infused multiple expansion that could last for years? We go inside the charts with Ian Dunlap, aka “The Master Investor,” and founder of the Red Panda Stock Club. Also, ETFs now exceed single stocks, begging the question if we are over-diversified in a world where stocks like Nvidia dominate index funds. And, what to watch this week as the labor market faces its latest test. Learn more about your ad choices. Visit podcastchoices.com/adchoices
We go inside Invest Fest, the biggest and best wealth festival on the planet, as it celebrates its fifth year of bringing education and empowerment to over 25,000 people in Atlanta. Hear from some of the most inspirational wealth builders and educators working today, including Cedric Nash, Chris Sain, and Austin Haynes, and see how Earn Your Leisure’s Troy Millings and Rashad Bilal have created this one of a kind gathering for investors, entrepreneurs and real estate experts. Plus, investors heard what they wanted to hear from Fed Chair Powell in Jackson Hole last week, but should they be careful what they wished for? Learn more about your ad choices. Visit podcastchoices.com/adchoices
Individual investors are feeling as optimistic as they’ve felt all year according to our recent sentiment survey, and with stocks dancing around record highs, strong earnings and less bite than bark from tariffs, they are leaning into their favorite stocks and ETFs. Kevin Gordon of Charles Schwab joins us for a vibes check and sets the scene for the rest of the year. Plus, IPOs are popping like it's 1995 all over again and their gains are sticking - at least for now. What's different, and the same about this bull market and the one thirty years ago? Learn more about your ad choices. Visit podcastchoices.com/adchoices
The pursuit of wealth has never been more intense, but the path to getting there has never been steeper. Nick Maggiulli, the founder of ofdollarsanddata.com and author of “The Wealth Ladder”, joins the Express to break down the rungs of wealth, and how to navigate the climb in 2025. Plus, markets are back at record highs as investors are so over tariffs and are focusing on upcoming rate cuts, better corporate profits and the risk-parade to continue. And why tomato prices might be the best indicator for the future impact of tariffs. Learn more about your ad choices. Visit podcastchoices.com/adchoices
The recent firing of the Commissioner of the BLS and the resignation of a top Fed official have cast even more doubt on the trustworthiness of government data and the future independence of the central bank. This is a brave and tenuous new world for investors who have been enjoying the march to record highs behind a handful of the biggest stocks in the market yet again. Jay Woods, Chief Global Strategist for Freedom Capital Markets helps us find the right price levels even as the data we depend on becomes more dubious. Plus, we are entering the seasonally weakest period of the year just as tariffs are set to take effect at the end of the week. The summer wind might just blow things over. Learn more about your ad choices. Visit podcastchoices.com/adchoices
On what could be the most important week for investors in years, markets keep riding to higher highs, and meme stocks keep spinning into the silly-sphere as the shorts get squeezed, giving 2021 vibes all over again. Cameron Dawson of NewEdge Wealth helps us make sense of it all and stay on the right tracks to long term investing gains. Plus, what to expect from the Fed’s meeting on interest rates, the July jobs report, and the most important corporate earnings of the cycle. Learn more about your ad choices. Visit podcastchoices.com/adchoices
From the passage of the “Big Beautiful Tax Bill”, to new laws around stablecoins, investors have been navigating one massive change after another as they chase the stock market to new record highs. Michael Townsend, the Managing Director of Legislative and Regulatory Affairs for Charles Schwab tells us which policies will impact investors the most, and what new regulatory changes are looming on the horizon. Plus, private equity and capital are clawing their way into retail investors portfolios as the number of public companies continues to decrease. What could go wrong? Learn more about your ad choices. Visit podcastchoices.com/adchoices
As yet another new wave of tariff threats come out of the White House, investors have yet to bail out of the U.S. stock market like they did in April. Is their bet on American Exceptionalism about to unwind, or is this new bull market unfazed by the upending of the global economy? Callie Cox, Chief Market Strategist for Ritholtz Wealth joins The Express for her take on our unbridled enthusiasm, and lessons for long-term investors. Plus, new 50% tariffs on Copper set to go into effect August 1st will be felt across nearly every major industrial and electronic category. If those don’t cause an inflationary charge, nothing will. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Markets are steaming into the summer at all-time highs as the July 9th reciprocal tariff deadline approaches and the Big Beautiful Tax bill has been signed into law, and investors’ animal spirits are howling as meme stocks are back in fashion. We go inside the rally with Ryan Detrick of The Carson Group, and stare into the horizon in search of more momentum. Plus, public companies are bingeing on Bitcoin, driving cryptocurrencies back to the Moon. What could go wrong? Learn more about your ad choices. Visit podcastchoices.com/adchoices
Everyone from corporate executives to Wall Street’s top strategists feared the worst for the stock market and the U.S. economy as the new administration tried to turn economic policy upside down at the beginning of the year, but we are ending the first half of the year at new record highs. Sam Ro of TKer clubs back aboard the Express to talk about the biggest surprises from the first half of 2025, the disconnect between feelings and returns, and second half predictions. Plus, who wants to be a millionaire? About 54 million people can now claim that milestone. Learn more about your ad choices. Visit podcastchoices.com/adchoices
As the U.S. attacks Iran, tensions in the Middle East tighten as the one of the key chokepoints for global oil is at risk. The Federal Reserve held interest rates steady last week, as expected, but the divide inside the central bank deepens as policy hawks and doves take sides. Plus, why the A.I. revolution might just be getting started, and which companies will be driving the next wave of hyper-growth, according to Dan Ives of Wedbush Securities. Dan is so convinced that he helped create an A.I. focused ETF with his own name on it. Learn more about your ad choices. Visit podcastchoices.com/adchoices
As Israel and Iran exchange missile attacks, the new bull market faces its first real challenge as ‘Event Risk’ takes over and oil prices spike. JC Parets of TrendLabs joins The Express to share the only charts that really matter right now, and the key indicators to watch this summer. Plus, the Fed will deliver its decision on interest rates this week and while no change is expected, it will be the first time we’ve seen the Dot Plot since the tariff war began. Where are the dots heading, and how to prepare your portfolio. Learn more about your ad choices. Visit podcastchoices.com/adchoices
As trade tensions ease and the headline economic data eases recession fears, a new bull market is picking up speed led by what Bank of America Securities calls the "Bro Billionaire Basket of Stocks", including Palantir, Nvidia, Coinbase and Bitcoin. Proximity to power is everything under this administration and in this stock market, and offenders like Tesla get punished when they cross the lines at Pennsylvania Ave. Plus, Silver prices hit a 13-year high as the Gold to Silver ratio narrows, signaling a new bull market in commodities, especially if the tariff truces stick. LINKS for show notes:https://www.carsongroup.com/insights/blog/author/rdetrick/https://www.investopedia.com/what-to-expect-in-markets-this-week-may-inflation-data-apple-conference-gamestop-earnings-11749224https://www.investopedia.com/terms/g/gold-silver-ratio.asphttps://www.vandaresearch.com/news/https://www.investopedia.com/u-s-china-to-meet-for-trade-talks-monday-11749945https://www.investopedia.com/apple-big-developers-event-kicks-off-monday-what-you-need-to-know-11747463 Learn more about your ad choices. Visit podcastchoices.com/adchoices
From inside the Bitcoin 2025 Conference in Las Vegas, it is clear that the new era of cryptocurrency is here and fully backed by the Trump administration. Listen to Vice-President JD Vance's remarks to the crowd of over 40,000 crypto-faithful, and wander the aisles of the exhibit hall at The Venetian and the walls between the traditional financial system and decentralized finance are melting. Plus, the White House's aggressive tariff policy was temporarily blocked by a federal trade court, but the president has many more methods of extracting tariffs from our trading partners and he's used them before. The tariff war is far from over, but CEOs like Jamie Dimon of JP Morgan are more worried about the war we are waging with the 'enemy within'. Listen to Dimon's comments from the Reagan Economic Forum last week. LINKShttps://www.youtube.com/watch?v=3BrQG85fypMhttps://www.youtube.com/watch?v=1NHLha3jG2ghttps://www.investopedia.com/court-rules-trump-s-tariffs-can-stay-on-for-now-11744787https://www.youtube.com/c/ActionCryptohttps://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.htmlhttps://www.investopedia.com/terms/c/chain-transactions-cryptocurrency.asphttps://www.youtube.com/c/ActionCryptohttps://www.investopedia.com/what-to-expect-in-the-markets-this-week-11744837 Learn more about your ad choices. Visit podcastchoices.com/adchoices
The 90-day tariff truce boosted markets and propelled the Nasdaq into a new bull market as the A.I. trade got some beneficial treatment from the White House, Is there any conviction behind this rally, or is it simply short covering ahead of the summer season? Plus, Moody's downgrades the U.S. credit rating on concerns about rising debt levels, but investors have plenty of other concerns. LINKShttps://www.investopedia.com/what-to-expect-in-the-markets-this-week-11734954https://www.investopedia.com/terms/s/shortcovering.asphttps://www.investopedia.com/tariffs-may-pinch-profits-at-walmart-retailer-says-11735725https://www.moodys.com/web/en/us/about-us/usrating.htmlhttps://www.bespokepremium.com/interactive/research/think-big-blog/ Learn more about your ad choices. Visit podcastchoices.com/adchoices
You Can Now Trade eToro on the eToro online brokerage platform as the company joined the capital markets through an IPO on the Nasdaq. Co-founder and CEO Yoni Assia on the platform's long journey from its origins in 2007, through the Great Financial Crisis, the pandemic and the dawn of cryptocurrency to its debut as a public company.LINKS:https://www.etoro.com/about/https://www.investopedia.com/etoro-review-6741360 Learn more about your ad choices. Visit podcastchoices.com/adchoices
Fed Chair Powell is preaching patience as the Fed held interest rates last week, but individual investors have been leaning back into the stock market after a historical bout of pessimism. The tariff tantrum has reset the all-important CAPE Ratio, and while the fundamentals look a little better right now, the future of corporate profits is the $22 trillion question as trade negotiations continue. Plus, what to expect this week as new inflation reports and consumer sentiment readings are coming our way. Resource linkshttps://www.spglobal.com/spdji/en/spiva/article/us-persistence-scorecard/https://www.investopedia.com/what-to-expect-in-the-markets-this-week-11731294https://www.investopedia.com/us-and-china-are-meeting-to-talk-trade-tariffs-this-weekend-heres-what-we-know-update-11731774https://www.investopedia.com/terms/c/cape-ratio.asphttps://classic.foodandwine.com/https://www.downtownjoshbrown.com/ Learn more about your ad choices. Visit podcastchoices.com/adchoices
It may have come as a surprise to those of us in attendance at the Berkshire Hathaway meeting in Omaha this Saturday, but Warren Buffett gracefully said he'll be stepping aside as CEO at the end of the year, ending the greatest 60-year run in business history. The 94-year old paved the way for his successor, Greg Abel, but reassured investors and the Berkshire faithful that he'll be hanging around to provide his infinite wisdom to the new leadership team, and to the rest of us. Listen to Warren's enduring words of wisdom, and to his faithful investors and students who are on the lifelong investing journey with him. Links for show notes:https://www.investopedia.com/terms/m/marketcapgdp.asphttps://www.investopedia.com/articles/markets/041714/how-warren-buffett-made-berkshire-hathaway-worldbeater.asphttps://www.investopedia.com/warren-buffett-to-step-down-as-ceo-of-berkshire-hathaway-at-year-end-11727785https://www.investopedia.com/what-to-expect-in-the-markets-this-week-11725770https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.htmlhttps://www.investopedia.com/terms/s/sell-in-may-and-go-away.asphttps://buffett.cnbc.com/warren-buffett-archive/https://www.investopedia.com/terms/m/marketcapgdp.asphttps://www.youtube.com/watch?v=1Nvte97VM6Y Learn more about your ad choices. Visit podcastchoices.com/adchoices
Jr. Kruger
10-17-2022 Interesting, Informative, Compelling. Great report.
Mohammad
Great podcast Caleb! Keep it up!👏👏