Behind the Markets Podcast

Show from 12/4/20 Wharton Finance Professor Jeremy Siegel kicks off the show talking about the positive news regarding fiscal stimulus packages, COVID-19 vaccines, and the election of Chris Weller to the Fed. Then Marc Chandler joins Host Jeremy Schwartz to discuss the declining dollar valuation, emerging markets, China, trade, high beta currencies and much more. Find out how to read the current state of national and international markets so that you can properly allocate your portfolio. Guest: Marc Chandler - Chief Market Strategist at Bannockburn Global Forex. He writes a widely followed blog called Marc to Market. Chandler is a frequent guest on CNBC, Bloomberg Television, FOX Business, Business News Network, and Nightly Business Report where he provides his insights on the global capital markets. Chandler has been published in the Financial Times, Foreign Affairs, Barrons, The Nation, Euromoney Institutional Investor, and Corporate Finance. He is regularly published by Seeking Alpha and TheStreet.com. Follow him on Twitter: @marcmakingsense Follow WisdomTree on Twitter: @WisdomTreeETFs Follow Jeremy Schwartz on Twitter: @JeremyDSchwartz Ask Siegel: If you have a pressing finance question we invite you to email us: [email protected]

Show from 12/4/20 Host Jeremy Schwartz discusses ETFs and small caps with an expert in the space. They get into the state of energy, the COVID-19 vaccine, reopening expectations, bitcoin, and other various asset classes. Guest: Dan Russo - Chief market strategist at Chaikin Analytics, a quantitative equity research firm. For more on Chaikin Analytics visit their website: https://www.chaikinanalytics.com/ Check out Dan's blog: https://www.chaikinanalytics.com/author/dan-russo/ Twitter: @DanRusso_CMT Follow WisdomTree on Twitter: @WisdomTreeETFs Follow Jeremy Schwartz on Twitter: @JeremyDSchwartz Ask Siegel: If you have a pressing finance question we invite you to email us: [email protected]

Show from 11/27/20 Host Jeremy Schwartz interviews the co-authors of a paper that try's to conquer setting long-term expectations. They get into how to define a long-term expected return for US equity markets and re-evaluate the CAPE framework. Guests: Adam Kobor - Managing Director of Investments at New York University, co-author of an article "Ultra-Simple Shiller's CAPE: How One Year's Data Can Predict Equity Market Returns Better Than Ten" Thomas Philips - Adjunct professor in the department of finance and risk engineering at NYU's Tandon School of Engineering, co-author of an article "Ultra-Simple Shiller's CAPE: How One Year's Data Can Predict Equity Market Returns Better Than Ten" Read their paper here: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3443289 Follow WisdomTree on Twitter: @WisdomTreeETFs Follow Jeremy Schwartz on Twitter: @JeremyDSchwartz Ask Siegel: If you have a pressing finance question we invite you to email us: [email protected]

Show from 11/27/20 Wharton Finance Professor Jeremy Siegel says the dramatic expansion of M1 money supply, the COVID-19 vaccine rollout, and the election results all point to positive market news. Then Host Jeremy Schwartz introduces an expert on politics, Greg Valliere, to talk about the impact of the 2020 election results. Greg discusses about the potential of the next stimulus, the future of small businesses, taxes and much more. Guest Greg Valliere - Chief US Policy Strategist at AGF Investments More on AGF Investments: https://www.agf.com/us/index.jsp Follow AGF Investments on Twitter: @agf Follow WisdomTree on Twitter: @WisdomTreeETFs Follow Jeremy Schwartz on Twitter: @JeremyDSchwartz Ask Siegel: If you have a pressing finance question we invite you to email us: [email protected]

Show from 11/20/20 Hosts Jeremy Schwartz and Wharton Finance Professor Jeremy Siegel talk market news at the top of the show discussing the rise in coronavirus cases, reopening the economy, Judy Shelton, the Fed, and more. Then New York University Stern School of Business Professor Baruch Lev joins the show to explain what he calls the "end of accounting." He says financial reports are largely irrelevant now because of the change from physical assets to intangible assets like R&D or IT. Today, the total corporate investment in intangible assets is $2.5 trillion and physicals assets only equal half of this. Find out how this affects earnings reports. Guests: Baruch Lev - Philip Bardes Professor of Accounting and Finance at New York University Stern School of Business. For more on Baruch's research visit his faculty page: https://www.stern.nyu.edu/faculty/bio/baruch-lev Check out his book "The End of Accounting and the Path Forward for Investors and Managers": https://www.amazon.com/Accounting-Forward-Investors-Managers-Finance/dp/1119191092 Matt Wagner - Senior Analyst at WisdomTree Follow WisdomTree on Twitter: @WisdomTreeETFs Follow Jeremy Schwartz on Twitter: @JeremyDSchwartz Ask Siegel: If you have a pressing finance question we invite you to email us: [email protected]

Show from 11/13/20 Hosts Jeremy Schwartz and Liqian Ren talk about the future of US/ China relations with a professor of finance from Shanghai. Guest: Li Nan - Professor of Finance and Economics at Antai College of Economics and Management, Shanghai Jiao Tong University Check out her research on her website: https://www.nanlifinance.org/ Follow WisdomTree on Twitter: @WisdomTreeETFs Follow Jeremy Schwartz on Twitter: @JeremyDSchwartz Ask Siegel: If you have a pressing finance question we invite you to email us: [email protected]

Show from 11/13/20 Hosts Jeremy Schwartz and Wharton Finance Professor Jeremy Siegel discuss the latest COVID-19 vaccine and the spike in virus cases. Professor Siegel says reopening stocks are doing well and he expects that if the vaccine is successful the economy could open early next year. Then Jeremy Schwartz discusses the current economic climate in the US post election, the future of taxes, asset class returns, and more with a wealth management expert. Guest: Paul Esposito - Senior Portfolio Manager at Prestige Wealth Management Group For more on Prestige Wealth Management visit their website: https://prestigewmg.com/ Follow WisdomTree on Twitter: @WisdomTreeETFs Follow Jeremy Schwartz on Twitter: @JeremyDSchwartz Ask Siegel: If you have a pressing finance question we invite you to email us: [email protected]

Show from 11/6/20 In this special edition of the podcast Hosts Jeremy Siegel and Jeremy Schwartz talk about the 2020 election results from senate to president. They talk to two political experts about the future of poll analytics, the repercussions of the election results for each political party, and much more. Plus they get into the positive employment report, COVID-19, and market news. Guests: Brian Wesbury - Chief Economist at First Trust Advisors Follow him on Twitter: @wesbury For more on First Trust Advisors visit their website: www.ftportfolios.com/ John Zogby - Founder and Senior Partner at John Zogby Strategies For more on John Zogby Strategies visit their website: https://johnzogbystrategies.com/ Follow WisdomTree on Twitter: @WisdomTreeETFs Follow Jeremy Schwartz on Twitter: @JeremyDSchwartz Ask Siegel: If you have a pressing finance question we invite you to email us: [email protected]

Show from 10/30/20 The show kicks off with Wharton Finance Professor Jeremy Siegel's market update focusing specifically on the 2020 election odds. Then Hosts Jeremy Schwartz and Liqian Ren talk to an expert on international relations from the Global Interdependence Center about the future of the US/ China relationship. Guest: William Kennedy - Vice Chair of the Global Interdependence Center (GIC), Co-Founder, CIO, and CEO of Risk Bridge Advisors For more on the GIC visit their website: https://www.interdependence.org/about/directors/ Follow WisdomTree on Twitter: @WisdomTreeETFs Follow Jeremy Schwartz on Twitter: @JeremyDSchwartz Ask Siegel: If you have a pressing finance question we invite you to email us: [email protected]

Show from 10/24/20 Hosts Jeremy Schwartz and Wharton Finance Professor Jeremy Siegel discuss the latest election odds. Jeremy Siegel says the last debate will not likely change anything. They also discuss the good news in earnings, the S&P reported 81% beating. Then they bring on political strategist Greg Valliere to discuss the Biden vs Trump odds further. Plus, the latest news on the antitrust lawsuit against Google. What will be the future of monopolies like Google and what does this mean for financial market? Alex Moazed of Applico joins the show to talk about Google's impact on the election, buying ads, two sided network effects, the future of content platforms, and much more. Guests: Greg Valliere - Chief U.S. Policy Strategist at AGF Investments For more on AGF Investments visit their website: https://www.agf.com/ca/en/index.jsp Alex Moazed - Co-Author, Modern Monopolies Founder & CEO of Applico For more on Applico visit their website: https://www.applicoinc.com/ Follow Alex on Twitter: @AlexMoazed Follow WisdomTree on Twitter: @WisdomTreeETFs Follow Jeremy Schwartz on Twitter: @JeremyDSchwartz Ask Siegel: If you have a pressing finance question we invite you to email us: [email protected]

Show from 10/16/20 Wharton Finance Professor Jeremy Siegel kicks off the show with a political update on the Biden vs Trump election odds. Plus Host Jeremy Schwartz interviews an expert on China strategy, Jonathan Ward. According to Jonathan, China sees themselves as a dominant world power coming back to prominence. He mentions their attention to building a large military, their ideological push to denounce western values as well as their initiative to consolidate and dominate trade. Guests: Jonathan Ward -Founder of Atlas Organization, author of the book "China's Vision of Victory." For More on Atlas visit their website: https://atlasorganization.com/ Check out his book: https://www.amazon.com/Chinas-Vision-Victory-Jonathan-Ward/dp/0578438100 Follow WisdomTree on Twitter: @WisdomTreeETFs Follow Jeremy Schwartz on Twitter: @JeremyDSchwartz Ask Siegel: If you have a pressing finance question we invite you to email us: [email protected]

Show from 10/9/20 White House Chief Economic Adviser Larry Kudlow announced a deal for the second stimulus package and the Dow Jones is up 21 points, according to Wharton Finance Professor Jeremy Siegel's market update. Siegel said this stimulus deal will be positive for the stock market. Then Host Jeremy Schwartz talks to an expert on ESG investing trends from Morgan Stanley. They discuss politics, sustainability, waste reduction, and asset management strategy in this space. Guest: Audrey Choi - Chief Marketing Officer and Chief Sustainability Officer of Morgan Stanley For more about Audrey check out her bio: https://www.morganstanley.com/profiles/audrey-choi-morgan-stanley Visit Morgan Stanley's website: https://www.morganstanley.com/ Follow Morgan Stanley on Twitter: @MorganStanley Follow WisdomTree on Twitter: @WisdomTreeETFs Follow Jeremy Schwartz on Twitter: @JeremyDSchwartz Ask Siegel: If you have a pressing finance question we invite you to email us: [email protected]

Show from 10/1/20 Wharton Finance Professor Siegel kicks off the show talking about the possibility for a physical stimulus bill, Trump going down in betting markets after the debate, and the future of stocks and inflation. Then Host Jeremy Schwartz talks to experts in the commodities space. They discuss prompt vs deferred pricing in commodity baskets, supply changes, high frequency data, valuing gold and much more. Guests: Ed Morse- Managing Director, Global Head of Commodity Research at Citi Group Follow Citi on Twitter: @Citi Visit Citi's Website: https://www.citigroup.com/citi/ Mobeen Tahir - Associate Director of Research at WisdomTree UK Follow WisdomTree on Twitter: @WisdomTreeETFs Follow Jeremy Schwartz on Twitter: @JeremyDSchwartz Ask Siegel: If you have a pressing finance question we invite you to email us: [email protected]

Show from 9/25/20 Wharton Finance Professor Jeremy Siegel's market update includes the death of Ruth Bader Ginsberg, the potential of a stimulus bill before the 2020 presidential election, unemployment insurance running out, and expectations for next weeks employment report. Then host Jeremy Schwartz talks to a managing partner at Salesforce Ventures about platform based business models, AI, ESG funds, emerging technology, and much more. Guest: Matt Garratt - Managing Partner, Salesforce Ventures Follow Matt on Twitter: @mdgarratt For more information on Salesforce, visit their website: https://www.salesforce.com/company/ventures/

Show from 9/18/20 The show kicks off with Wharton Finance Professor Jeremy Siegel's market update. He discusses the fed and stimulus packages, the IPO price, and inflation. Then Jeremy Schwartz brings on the CEO of WisdomTree Japan to talk about Prime Minister Shinzo Abe's resignation, rebalancing Japan's tax system, monetary policy, trade, corporate governance and much more. Guest: Jesper Koll - Chief Executive Officer of WisdomTree Japan. Over the past two decades Jesper has been consistently ranked as one of the top Japan strategists/economists, working as Chief Strategist and Head of Research for major U.S. investment banks J.P. Morgan and Merrill Lynch. His analysis and insights have earned him a position on several Japanese government advisory committees and Jesper is also one of the few non-Japanese members of the Keizai Doyukai, the Japan Association of Corporate Executives. He has written two books in Japanese, Towards a New Japanese Golden Age and The End of Heisei Deflation. After arriving in Japan in 1986 Jesper initially worked as an aide to a Member of Parliament. Jesper has a Masters degree from the School of Advanced and International Studies at Johns Hopkins University and was a research fellow at both Tokyo University and Kyoto University. He is a graduate of the Lester B. Pearson College of the Pacific. Follow WisdomTree on Twitter: @WisdomTreeETFs Follow Jeremy Schwartz on Twitter: @JeremyDSchwartz Ask Siegel: If you have a pressing finance question we invite you to email us: [email protected]

Show from 9/11/20 The show starts with our usual market update. Wharton Finance Professor Jeremy Siegel talks about the start of the NFL season, Coronavirus cases, and election stats. Then Hosts Jeremy Schwartz and Liqian Ren bring on a US/China relations expert. They discuss US/ China trade disputes, China's handling of the Coronavirus, growth in China's private market in areas such as internet, and much more. Guest: Tao Wang - Chief China Economist/Head:Asia Economic Research, UBS AG For more on UBS visit their website: https://www.ubs.com/us/en.html Follow UBS on Twitter: @UBS

Show from 9/4/20 Wharton Finance Professor Jeremy Siegel kicks off the show talking about the unemployment rate and the potential of reopening the economy. Then Host Jeremy Schwartz and Guest Co-Host Jeff Weniger bring on two political forecasting experts to discuss potential 2020 election outcomes and what it will mean for your financial portfolios. Guests: Helmut Norpoth - Professor of Political Science at Stony Brook University Visit his Faculty Page: https://www.stonybrook.edu/commcms/polisci/people/_faculty/Norpoth_Helmut.php Check out recent articles and interviews with Professor Norpoth: stonybrook.edu/experts/profile/helmut-norpoth Ed Clissord - Chief US Strategist for Ned Davis Research Follow him on Twitter: @edclissold Ned Davis Research Website: https://www.ndr.com/ Jeff Weniger - Director of Asset Allocation at WisdomTree Follow Jeremy Schwartz on Twitter: @JeremyDSchwartz Ask Siegel (NEW!) If you have a pressing finance question we invite you to email us: [email protected]

Show from 8/28/20 Wharton Finance Professor Jeremy Siegel talks about the Fed inflation rates and the political state in America. Then the head of the research investment committee at Bank of America joins the show to talk about the end of the 60/40 stocks/bonds spread, current market trends, and secular stagnation. Guest: Jared Woodward - Head of the Research Investment Committee at Bank of America. Visit Bank of America's website: https://www.bankofamerica.com/ Ask Siegel (NEW!) If you have a pressing finance question we invite you to email us: [email protected]

Show from 8/21/20 Wharton Finance Professor Jeremy Siegel kicks off the show with his markets update discussing the impact of the upcoming election and political atmosphere in the US. Then, one of the hot topics in the finance is ESG investing. Host Jeremy Schwartz talks to a data analytics expert focusing on making the world a better place. CEO of Owl Analytics, Ben Webster, studies the sales and operations of businesses to ensure the companies you're investing in have ethical values. Guest: Ben Webster - CEO and Co-Founder of OWL Analytics Find out more by visiting their website: http://owlanalytics.net/ -You can sign up for their newsletter!

Show from 8/14/20 Wharton Finance Professor Jeremy Siegel kicks off the show discussing the impact of politics, the November election, and COVID-19 on markets. Then Host Jeremy Schwartz talks to three experts on cloud based software. They get into growth rates, investments, and earnings as it applies to wealth management during these high risk times. Guests: Jamin Ball - VP of Redpoint Ventures Follow him on Twitter: @jaminball Follow Redpoint on Twitter: @redpointvc Steve Zahm - Chief Culture Officer at Procore Technologies For more on Procore visit their website: https://www.procore.com/ Brian Feinstein - Managing Partner at Bessemer Venture Partners To find out more about Bessemer Venture Partners visit their website: https://www.bvp.com/ Follow Bessemer Venture Partners on Twitter: @BessemerVP

Show from 8/7/20 Wharton Finance Professor Jeremy Siegel gives his market update covering the political landscape and the jobs report. Professor Siegel says we need to focus on the future looking at virus trends and stimulus trends. Then hosts Jeremy Schwartz and Liqian Ren continue the conversation with Professor Siegel and bring on Greg Valliere. Greg says that the election will likely tighten between Trump and Biden as we near November. Then Jeremy Schwartz and Liqian bring on Jeff Weniger and discuss China/ US relations. Guests: Greg Valliere - Chief US Policy Strategist at AGF Investments More on AGF Investments: https://www.agf.com/us/index.jsp Follow AGF Investments on Twitter: @agf Jeffrey Weniger- CFA serves as Director, Asset Allocation at WisdomTree

Show from 7/31/20 Host Jeremy Schwartz and WisdomTree Guest Hosts Kara Marciscano and Rafi Aviav talk to an expert on platform business models. They discuss the dual nature of these platforms: consumers and producers. The producers contribute the inventory that the the consumers come to the platform for. Think Youtube or Instagram. According to our guest, these platforms have a winner take all scale because it's difficult to overcome network effects. This conversation tries to codify and make sense of these large platform monopolies and provides insights into investing in the space. Guest: Alex Moazed - Founder and CEO of Applico. In 2016, Macmillan published his book, Modern Monopolies, which defines the platform business model. Follow Alex on Twitter: @AlexMoazed Check out his book "Modern Monopolies": https://www.amazon.com/Modern-Monopolies-Dominate-Century-Economy/dp/1250091896 Visit the Applico Website: https://www.applicoinc.com/author/amoazed/ Wisdom Tree Growth Leaders Fund: https://www.wisdomtree.com/etfs/thematic/plat The WisdomTree Growth Leaders Fund* seeks to track the investment results of high growth, mid and large-cap companies leveraging platform-based business.

Show from 7/24/20 Host Jeremy Schwartz talks to a portfolio manager at Beaumont Capital Management about sector investing, market timing, equity exposure, and machine learning. Find out how behavioral finance and data collection impact a portfolio. Guests: Brendan Ryan - Assistant Portfolio Manager at Beaumont Capital Management (BCM) To learn more about BCM visit their website: https://investbcm.com/

Show from 7/24/20 Hosts Jeremy Schwartz, Liqian Ren, and Wharton Finance Professor Jeremy Siegel discuss the big market updates of the last few weeks. Professor Siegel gets into gold prices, the politics behind the stimulus package, and COVID-19 news. Then they bring on a US Equity Strategist from Credit Suisse who discusses the equity bond spread, interest rates, and earnings trends. Guests: Jonathan Golub - Managing Director and Chief U.S. Equity Strategist for Credit Suisse, based in New York. To learn more about Credit Suisse visit their website: www.credit-suisse.com Follow Credit Suisse on Twitter: @CreditSuisse

Show from 7/17/20 Host Jermey Schwartz talks global markets and online business platforms with two experts in the space. Adam Fisher, Managing Partner at Bessemer Venture Partners, discusses global investment opportunities especially in Israel. Then Nir Zohar, COO of Wix, discusses managing a business online, creating online databases for clients, and the importance of a website in today's digital world. Guests: Adam Fisher - Managing Partner at Bessemer Venture Partners To find out more about Bessemer Venture Partners visit their website: https://www.bvp.com/ Follow Bessemer Venture Partners on Twitter: @BessemerVP Nir Zohar - Chief Operating Officer at Wix To find out more about Wix visit their website: https://www.wix.com/ Follow Wix on Twitter: @Wix

Show from 7/10/20 Wharton Finance Professor Jeremy Siegel discusses the market news including Remdesivir treatments and the economic consequences of the increased number of COVID-19 cases. Then Host Jeremy Schwartz discusses stock, ETFs, and measuring earnings with the CEO of New Constructs. They also discuss the distortions in earnings reports, write downs in assets, etc. Guest: David Trainer - CEO of New Constructs For more information about New Constructs visit their website: https://www.newconstructs.com/ For up to date financial news from New Constructs follow them on Twitter: @NewConstructs Kara Marciscano - Senior Analyst at WisdomTree

Show from 7/3/20 Host Jeremy Schwartz discusses private equity deals, investing in female lead companies, and portfolio management during the COVID-19 pandemic with Lori Wachs, Partner at Springboard Growth Capital. Lori discusses the future of the company in these uncertain times as well as their non-profit Springboard Enterprises which provides female lead companies with growth capital. Guests: Lori Wachs - Partner at Springboard Growth Capital To find out more about Springboard Growth Capital visit their website: https://www.springboardgc.com/ Follow Springboard Growth Capital on Instagram: @springboardgrowth Follow Springboard Enterprises on Twitter: @SpringboardEnt

Behind the Markets Podcast Special Host Jeremy Schwartz and Guest Co-Host Kara Marciscano bring on two investing experts to discuss a topic that is increasingly important in our new online world, cloud computing. They discuss the Forbes Cloud 100, a list of the best private cloud companies in the world, and the tremendous growth the cloud computing space has seen over the last few years. They also discuss security concerns, data collection, and global cloud use. Guests: Mary D'Onofrio - Bessemer Venture Partners To find out more about Bessemer Venture Partners visit their website: https://www.bvp.com/ For the latest news follow BVP on Twitter: @BessemerVP Check out an article Mary wrote on the State of the Cloud in 2020: https://www.bvp.com/atlas/state-of-the-cloud-2020 Frederic Kerrest- Executive Vice Chairman, Chief Operating Officer, and Co-Founder of Okta, Inc. To Find out more about Okta visit their website: https://www.okta.com/ For the latest news follow Okta on Twitter: @okta Kara Marciscano - Senior Analyst at WisdomTree

Show from 6/29/20 Hosts Jeremy Schwartz and Liqian Ren talk to the author of the book "Fewer, Richer, Greener: Prospects for Humanity in an Age of Abundance." The book talks about reinforcing faith in our future in the face of stagnant economic growth, climatic deterioration, dwindling natural resources, and an unsustainable level of population growth. Laurence discusses changing workplaces, new labor needs, upward mobility, and global supply chains. Guest: Laurence Siegel - Gary P. Brinson director of research at the CFA Institute Research Foundation as well as an independent writer, speaker and consultant focusing on investment management. He is the author of the recently release book "Fewer, Richer, Greener: Prospects for Humanity in an Age of Abundance." Check out the book here: https://www.amazon.com/Fewer-Richer-Greener-Prospects-Abundance/dp/1119526892 Follow Laurence on Twitter: @LaurenceBSiegel

Show from 6/26/20 Wharton Finance Professor Jeremy Siegel starts off the show talking about Coronavirus spikes in areas not following social distancing guidelines and the market's reaction to the current circumstances. Then host Jeremy Schwartz talks to Mike Brusko and Jordan Hicks of Top Tier Wealth Management about financial planning and investing in a time of crisis. Jordan is also an NFL Linebacker for the Arizona Cardinals and previously played on the Philadelphia Eagles' Super Bowl LII team. He talks about NFL training camp during COVID-19 and the future of sports during the virus. Guests: Mike Brusko - Partner at Top Tier Wealth Management Jordan Hicks - Partner at Top Tier Wealth Management and Middle Linebacker for the Arizona Cardinals To find out more about Top Tier Wealth Management visit their website: https://toptierwealthmanagement.com/ For more on Jordan Hick's NFL career visit his page: https://www.nfl.com/players/jordan-hicks/ Follow Jordan on Twitter: @JordanHicks Follow Top Tier Wealth Management on Twitter: @TopTierWM

Show from 6/19/20 Wharton Finance Professor Jeremy Siegel, along with co-host Liqian Ren, kicks off the show with his weekly market update. He says we're headed for a modest, range bound market. He also mentions uncertainty regarding a second outbreak but for now explains that liquidity is still flowing into the markets. Then hosts Jeremy Schwartz and Kevin Flanigan talk to the Chief U.S. Economist at Morgan Stanley, Ellen Zenter, about their midyear outlook. According to Ellen, pent up demand will stimulate the economy as it reopens. She also compares the 2008 crisis to the COVID-19 epidemic saying that they are two very different situations and she expects a quicker recovery in today's economy. Guests: Ellen Zentner - Chief U.S. Economist for Morgan Stanley Follow Morgan Stanley on Twitter: @MorganStanley For more information on the Morgan Stanley's Midyear Outlook visit their website: https://www.morganstanley.com/ To find out more about Ellen visit her profile page: https://www.morganstanley.com/profiles/ellen-zentner-chief-us-economist Kevin Flanagan - Head of Fixed Income Strategy

Show from 6/12/20 Wharton Finance Professor Jeremy Siegel starts off the show discussing market news. He says that the momentum we were seeing in the markets the past few weeks is being broken by investors jumping off the 'trend train.' He also thinks the Fed will ride low rates for a while until their hand is forced. Then hosts Jeremy Schwartz and Professor Siegel bring on the President and CEO of Creative Planning Peter Mallouk to discuss investing during the crisis. They talk about marketing to young people, ensuring clients don't lose money, bear markets, and financial education. Peter says that these low market events are cyclical. Guest: Peter Mallouk - President and CEO of Creative Planning For more information on Creative Planning visit their website: https://creativeplanning.com/ Follow Creative Planning on Twitter: @CPIWealth

Show from 6/5/20 Host Jeremy Schwartz brings on an expert on factor investing to discuss current events, COVID-19, cloud computing, and other hot topics in the space. They get into earnings growth and value investing, among other topics. Guest: Chris Meredith - Director of Research, Co-Chief Investment Officer, and Portfolio Manager at O'Shaughnessy Asset Management To find out more about O'Shaughnessy Asset Management visit their website: https://osam.com/ Follow them on Twitter: @OSAMResearch

Show from 6/5/20 Wharton Finance Professor Jeremy Siegel starts off the show discussing the shocking jobs report. He said as a result of the economy opening there is a huge shift towards value stocks and away from tech stocks. Then Hosts Jeremy Schwartz and Professor Siegel bring on two China experts to talk manufacturing, consumer spending, and demand. Guests: Maria Bartiromo - Host of "Mornings with Maria" on Fox Business Find out more about her show here: https://www.foxbusiness.com/shows/mornings-with-maria Follow her on Twitter: @MariaBartiromo Leeland Miller - Chief Executive Officer of China Beige Book International To find out more about China Beige Book visit their website: https://www.chinabeigebook.com/ Follow them on Twitter: @ChinaBeigeBook

Show from 5/29/20 Wharton Finance Professor Jeremy Siegel opens the show saying people shouldn't be surprised by the current bull market because the money from the Fed was bound to find its way into equity markets. Professor Siegel also discusses uncertainty regarding international trade and developments on the virus front with Liqian Ren. Then host Jeremy Schwartz talks with a Wharton Professor focused on management technology to discuss opening the economy and trends in tech. Plus he talks to two experts in the cloud computing space. Guests: Gad Allon - Professor of Operations, Information and Decisions Director of the Jerome Fisher Program in Management & Technology Find out more about Professor Allon here: https://oid.wharton.upenn.edu/profile/gadallon/ Follow Professor Allon on Twitter: @g_allon Rowan Trollope- CEO of Five9 To find out more about Five9 visit their website: https://www.five9.com/ Follow Five9 on Twitter: @Five9 Ethan Kurzweil -Bessemer Venture Partners To find out more about Bessemer Venture Partners visit their website: https://www.bvp.com/ Follow them on Twitter: @BessemerVP

Show from 5/22/20 Host Jeremy Schwartz talks to an expert in high yield credit markets, Randy Parrish. They get into to pace of reopening the economy, the re-engagement of consumers, and liquidity vs solvency issues. Plus, according to Parrish, there has already been a lot damage to corporate debt markets with default rates ticking up. Guest: Randy Parrish - Managing director, head of credit and a senior high yield portfolio manager at Voya Investment Management For more information about Voya visit their website: https://investments.voya.com/ Follow Voya on Twitter: @VoyaInvestments

Show from 5/22/20 Hosts Jeremy Schwartz and Wharton Finance Professor Jeremy Siegel bring on a special guest, the President and CEO of the Bank of Richmond Tom Barkin. They start off the show discussing the potential outcomes of reopening the economy with no vaccine or treatment available. Then they discuss the importance of liquidity and the risk of inflation. Plus Barkin offers insight on normalizing interest rates, re-skilling employees, workforce participation, and the future of flexible work. Guest: Thomas Barkin - President of the Federal Reserve Bank of Richmond For more information on Tom's work visit the Federal Reserve Bank of Richmon'd website: https://www.richmondfed.org/

Show from 5/21/20 Jeremy Schwartz talks to his WisdomTree colleagues about the international response to COVID-19. They start the show discussing Japan's low numbers of Coronavirus cases and their economy's excess demand for labor. CEO of WisdomTree Japan Jesper Koll explains that COVID-19 is actually changing cultural behavior in Japanese corporations which is something Abe couldn't even do. He also adds that Japan's largest trading partner, China, is engaging in a V shaped recovery and that provides enormous support. Plus they discuss allocation to private equity companies in Japan. Guests: Jesper Koll-CEO of WisdomTree Japan Jeffrey Weniger- CFA serves as Director, Asset Allocation at WisdomTree

Show from 5/15/20 Hosts Jeremy Schwartz, Liqian Ren, and Wharton Finance Professor Jeremy Siegel start off the show with market news discussing everything from the fear of more trade wars with China and stimulus packages to drops in tax revenue. Then Jeremy Schwartz talks to experts in the bitcoin cryptocurrency space. They discuss the wealth management market and the benefit of offering bitcoin SMAs. Guests: Florian Ginez - Associate Director of Quantitative Reseach for WisdomTree Europe Limited Chris King - Founder and CEO of Eaglebrook Advisors For more on Eaglebrook Advisors visit their website: https://eaglebrookadvisors.com/ Follow Eaglebrook Advisors on Twitter: @eaglebrook Tyrone Ross - The Head of Advisory at Eaglebrook Advisors

Show from 5/8/20 Wharton Finance Professor Jeremy Siegel kicks off the show with his COVID-19 market updates. According to Professor Siegel, things are looking up, global markets have been cautiously opening, the NASDAQ has gone into positive territory, and large caps are doing well. Then hosts Jeremy Schwartz, Liqian Ren, and Guest Host Ryan Krystopowicz bring on FinTech expert David Lyon. They discuss lowering the cost of FinTech investing, providing new world class services for advisors, and the positive impact of mergers on innovation in that space. Guests: David Lyon - CEO of the FinTech platform Oranj For more on Oranj visit their website: https://runoranj.com/ Ryan Krystopowicz - Product Specialist at WisdomTree Asset Management

Show from 5/1/2020 Wharton Finance Professor Jeremy Siegel kicks off the show talking about the ISM economic news, positive antivirus news, market liquidity, and more. Then Hosts Jeremy Schwartz, Liqian Ren and Kevin Flanagan interview two expert guests on the possibility of opening the economy, volatility in the oil space (especially with midstream energy companies), and the international response to COVID-19. Guests: Edward Stringham - Professor at Trinity College and President of the American Institute for Economic Research Follow Ed on Twitter: @edstringham For more information on the American Institute of Economic Research visit their website: https://www.aier.org/ Brian Kessens - Portfolio Manager at Tortoise Advisors Follow Tortoise Advisors on Twitter: @tortoise_invest For more information on Tortoise Advisors visit their website: https://tortoiseadvisors.com/

Show from 4/24/20 Wharton Finance Professor Jeremy Siegel starts off the show with a market update discussing recent oil prices and anti-viral medication news. Then Hosts Jeremy Schwartz, Jeremy Siegel and Liqian Ren interview Dr. Kevin Volpp from the Perelman School of Medicine to discuss the medical research being done to combat COVID-19. According to Dr. Volpp, there need to be more careful clinical studies conducted with real control groups to ensure potential treatments do not harm patients. He also notes that Penn Medicine is working on clinical trials, vaccine development, and a Google based chat bot that can be placed on health portals to help with predictive modeling. Guest: Dr. Kevin Volpp - Founders President’s Distinguished Professor of Medicine and Medical Ethics and Policy at the Perelman School of Medicine and Health Care Management at the Wharton School. He is also the founding Director of the Center for Health Incentives and Behavioral Economics (CHIBE), Vice Chairman for Health Policy for the Department of Medical Ethics and Policy, and Director (with Karen Glanz) of the Penn CDC Prevention Research Center. For more information on Dr. Volpp: https://chibe.upenn.edu/faculty-members/kevin-volppmd-phd/

Show from 4/24/20 Hosts Jeremy Schwartz and Liqian Ren talk about macro impacts of COVID-19 with an expert at Pincone Macro Research. They discuss energy markets, low oil prices, commodity exposure, ETFs and more. Guest: Chase Taylor - Macro Strategist at Pinecone Macro Research For more information on Pinecone Macro Research visit their website: https://www.pineconemacro.com/ Follow Pinecone Macro on Twitter: @pineconemacro

Show from 4/17/20 Wharton Finance Professor Jeremy Siegel kicks off the show with a market update and discusses the news about Remdesivir, an antiviral medicine made by Gilead Sciences. Professor Siegel says a therapeutic is most important at this time so that the economy can start up again. Then, Penn Medicine's Dr. Ronald Barg joins the show to explain the impact of COVID-19 on hospitals and the research being done to contain the virus. Dr. Barg said there is still very little known, they don't understand why people who seem to be doing well become worse. Guest: Ronald Barg, MD - Physician Executive, Penn Primary Care at Penn Medicine For more on him visit his physician page: https://www.pennmedicine.org/providers/profile/ronald-barg

Show from 4/17/20 Hosts Jeremy Schwartz and Liqian Ren discuss the long term economic impacts of the COVID-19 pandemic with an expert market strategist from LPL Financial. They discuss topics such as the lows and highs in the stock market in response to volatility and uncertainty. Plus they get into market history and talk about the best ways to work with clients during this crisis. Guest: Ryan Detrick - Senior Market Strategist at LPL Financial For more on LPL Financial: https://www.lpl.com/ Follow him on Twitter: @RyanDetrick

Show from 4/10/20 Hosts Jeremy Schwartz and Liqian Ren talking to small business owners about their experience with lending programs during the COVID19 pandemic. They discuss the impact of Coronavirus, layoffs, and best practices for small businesses to move forward in this time of crisis. Guests: Neal Patel - Founder and Chief Appraiser at Reliant Business Valuation For more information on Reliant Business Valuation visit their website: https://reliantvalue.com/ Enrique Mendoza - CEO of Bowstring Studios For more information on Bowstring Studios visit their website: https://bowstring.tv/

Show from 4/10/20 Hosts Jeremy Schwartz, Liqian Ren, and Professor Jeremy Siegel kick off the show discussing the current state of market during the COVID19 pandemic. According to Professor Siegel we are plateauing in places where social distancing is taking place and things seem positive right now. They discuss the Fed increasing lending with bond ETFs and high yield bonds as well as the government increasing liquidity. Then the Chief Economist at Avalon Advisors joins the show to discuss the aggressive fed stimulus and monetary theory. Plus he gives advice on talking to clients during this trying time. Guest: Sam Rines - Chief Economist at Avalon Advisors For more on Avalon Advisors visit their website: https://avalonadvisors.com/

Show from 4/3/20 First, Wharton Finance Professor Jeremy Siegel kicks off the show with his updated take on the economy during the COVID19 pandemic. Professor Siegel says the US government and the Fed have reacted properly by providing income support, calming capital markets, and working through trade issues. He says the most important thing the Fed needs to do right now is flatten the yield curve. Then, Hosts Jeremy Schwartz and Liqian Ren spend the first half of the show discussing the international healthcare response to Coronavirus with an expert in the Asian market to get a handle on best practices and takeaways for the US. Plus, oil executives are at the White House for OPEC meetings. Our hosts discuss the COVID19 crisis and the effects it will have on the oil industry with one of the best commentators on the topic. Guests: Dr. Ruby Huang - Professor, School of Medicine, College of Medicine, National Taiwan University, Taiwan. Arthur Berman - is a petroleum geologist with 36 years of oil and gas industry experience. He is an expert on U.S. shale plays and is currently consulting for several E&P companies and capital groups in the energy sector. Read his articles here: https://oilprice.com/contributors/Arthur-Berman

Show from 3/27/20 Hosts Jeremy Schwartz and Professor Jeremy Siegel bring on James Bullard, CEO and president of the Federal Reserve Bank of St. Louis, to get the latest on the Coronavirus pandemic and Fed decisions. Bullard says he is pleased with the policy response of Congress and the Fed. Throughout the show they discuss backup tools the Fed could use to stimulate the economy in the event of an emergency, the potential of panicked equity markets, global markets/ trade, and unemployment insurance programs. Stay safe everyone! Guest: James Bullard - CEO and president of the Federal Reserve Bank of St. Louis For more information visit: https://www.stlouisfed.org

In today's Behind the Markets special Jeremy Schwartz, Professor Jeremy Siegel and Liqian Ren host a round table with members of the WisdomTree staff to look at the economic effects of the COVID-19 pandemic. They talk about the intersection of solvency, massive increases in risk premiums, retail, and the impact on financial institutions, among other topics. According to Professor Siegel the question to ask is "When we look forward to 2021 can we see normal resumption of activities? Because if we get back to last years earnings then we're selling at a good multiple." Tune in for the latest financial briefing.