The Investopedia Express with Caleb Silver

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

Professor Burton Malkiel, author of the seminal investing bible, 'A Random Walk Down Wall Street", joins the show to celebrate the 50th anniversary of the masterpiece, and shares timeless advice for investors today. Plus, we share Investopedia's Top Terms of 2022, and what was top of mind for investors during this tumultuous year. And, why this could be the most important week of the year for the markets. LINKS FOR SHOW NOTES https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html https://dof.princeton.edu/about/clerk-faculty/emeritus/burton-gordon-malkiel https://www.investopedia.com/2022-top-terms-of-the-year-6835881 https://www.investopedia.com/surveying-the-investor-landscape-for-2023-6835785 https://www.investopedia.com/what-to-expect-for-the-markets-next-week-4584772 https://www.goodreads.com/book/show/40242274-a-random-walk-down-wall-street Learn more about your ad choices. Visit podcastchoices.com/adchoices

Shannon Sacoccia, the CIO of SVB Private Bank, helps us decipher the mixed signals in the economy and capital markets as we reset our portfolios for 2023. This conversation was taken from a recent strategy session hosted by our partners at YCharts. Plus, the DJIA has climbed out of a bear market and investor sentiment is improving despite worries about a recession. We have the latest results of our reader and listener survey. LINKS FOR SHOW NOTES https://ycharts.com/dashboard/ www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html ttps://www.investopedia.com/terms/v/vix.asp insight.factset.com/large...o-date https://www.investopedia.com/investors-cozy-back-up-to-stocks-as-recession-fears-loom-6834242 https://ycharts.com/support/resources#tackling_lient_questions_during_volatile_markets_with_shannon_saccocia_caleb_silver https://www.svb.com/private-bank/advisors/directory/shannon-saccocia www.investopedia.com/terms/w/washsalerule.asp Learn more about your ad choices. Visit podcastchoices.com/adchoices

Jamie Hopkins of the Carson Group, and co-author of "Find Your Freedom - Financial Planning for a Life on Purpose", joins the show to talk about what financial freedom really means, and how to build your wealth with purpose. Plus, key sectors of the U.S. stock market are breaking out to six-month highs and the good breadth is starting to spread. Yet valuations still look steep compared to other post-bubble cycles. We dig into the fundamentals to understand the potential outcomes. And, why counterparty risk is our term of the week. LINKS FOR SHOW NOTES https://www.jamiehopkins.com/ https://www.thriftbooks.com/a/jamie-p-hopkins/2650763/ https://business.bofa.com/en-us/content/market-strategies-insights.html https://www.spglobal.com/spdji/en/research-insights/education/ https://www.investopedia.com/terms/c/counterpartyrisk.asp https://www.investopedia.com/terms/d/defaultrisk.asp https://www.investopedia.com/terms/c/cape-ratio.asp https://selfserve.decipherinc.com/survey/selfserve/14c3/210402 https://ycharts.zoom.us/webinar/register/1616649126367/WN_35G2xMzdTyC-vJ2pdxFa-g Learn more about your ad choices. Visit podcastchoices.com/adchoices

As a challenging year heads down the home stretch, we caught up with some of the nation's top independent financial advisors to hear the most pressing questions from their clients, and how they are advising them. Listen to these words of wisdom from Peter Lazaroff, Malcolm Etheridge, James Demmert, Brian Vendig, Helen Stephens and Rob Santos. Plus, why are options traders betting against the market at its seasonally strongest time of the year? LINKS FOR SHOW NOTES: https://pressroom.aboutschwab.com/press-releases/press-release/2022/Schwab-Q4-Trader-Sentiment-Survey-A-Recession-May-Already-Be-Here-But-Traders-Say-It-Will-Be-Short-Lived/default.aspx https://www.cboe.com/us/options/market_statistics/daily/ https://impact.schwab.com/ https://www.findyourindependentadvisor.com/ https://peterlazaroff.com/ https://www.malcolmethridge.com/ https://www.ms-research.com/team/james-demmert https://www.mjpwealthadvisors.com/brian-vendig-cpa https://www.cifinancial.com/ci-privatewealth/us/en/learn-more.html https://www.aspenwealthmgmt.com/team/helen-stephens-cfp/ https://cdn.nrf.com/sites/default/files/2022-09/National%20Retail%20Security%20Survey%20Organized%20Retail%20Crime%202022.pdf https://www.youtube.com/watch?v=76DbHi8e9Ws Learn more about your ad choices. Visit podcastchoices.com/adchoices

Cathie Wood, the CEO and CIO of Ark Invest, joins the show to talk about her team's vision for a digital, decentralized future, and how she manages her funds through the downturn. Plus, the collapse of crypto-broker FTX rocked the industry and shattered the trust of millions of investors, Lamar "Big Marh" Wilson gets back aboard The Express to explain how it happened, why it could happen again, and how to protect your crypto assets. Let it fly! Thanks LINKS FOR SHOW NOTES: https://www.bls.gov/news.release/cpi.nr0.htm https://www.investopedia.com/ftx-files-for-bankruptcy-6828164 https://www.nasa.gov/artemis-1 https://www.blackbitcoinbillionaire.com/ https://ark-invest.com/ https://www.investopedia.com/terms/e/exponential-growth.asp https://www.investopedia.com/terms/c/cold-storage.asp https://www.investopedia.com/cryptocurrency-4427699 https://www.youtube.com/c/investopedia https://www.investopedia.com/the-investopedia-express-podcast-5215636 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Liz Ann Sonders, the Chief Investment Strategist for Charles Schwab, rejoins the Express to explain why we need to stop hoping for a Fed pivot, and why we need good old-fashioned investing fundamentals to navigate the new normal in capital markets. Plus, what are the top concerns among financial advisors at this year's Schwab Impact Conference. And, why lotteries like Powerball are considered a regressive tax. LINKS FOR SHOW NOTES: https://www.investopedia.com/terms/f/federalfundsrate.asp www.investopedia.com/articles/markets/120115/top-5-apple-shareholders.asp www.investopedia.com/fidelity-offers-crypto-trading-6825311 insight.factset.com/sp-500-earnings-season-update-november-4-2022 https://dealogic.com/insight/investment-banking-revenue-report-9m22/ https://websummit.com/ https://impact.schwab.com/ www.investopedia.com/terms/r/regressivetax.asp www.schwab.com/learn/author/liz-ann-sonders https://www.aaii.com/sentimentsurvey www.youtube.com/c/EarnYourLeisure/featured https://www.youtube.com/watch?v=f0i6oWAxrIo Learn more about your ad choices. Visit podcastchoices.com/adchoices

In this bonus episode of the Express, we sit down with the chief marketing officers of United Airlines, Reckitt and CVS Health, as well as Bob Liodice, the CEO of the Assoc. of National Advertisers, for their take on the advertising market today, and spending plans for 2023. Plus... their favorite ads of all time, and who do they admire in the industry today. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Mohamed El-Erian, the President of Queens College, Cambridge, and Sr. Economic Adviser at Allianz, on the economic scars of the pandemic, the bumpy road to a healthy recovery, and reasons for investors to be optimistic as we face a potential global recession. Plus, October lived up to its reputation as a bear market killer posting one of the best months for stocks in history. We unpack the rally for signs of what could happen next. LINKS FOR SHOW NOTES https://www.globalxetfs.com/funds/embd/ https://www.investopedia.com/what-to-expect-for-the-markets-next-week-4584772 https://www.investopedia.com/terms/j/jolts.asp www.investopedia.com/terms/e/emerging-markets-bond-index.asp www.investopedia.com/terms/e/emerging-markets-bond-index.asp https://www.mohamedel-erian.com/ https://www.youtube.com/watch?v=q_wEQ4gYujA https://www.royalalberthall.com/tickets/events/2022/earn-your-leisure/ https://websummit.com/ https://www.tiktok.com/@investopedia Learn more about your ad choices. Visit podcastchoices.com/adchoices

Ian Dunlap, aka 'The Master Investor', joins The Express to talk about his process, his inspirations, and his passion for investing. He also shares tips for navigating today's market, and how to invest for the long term. Plus, the winds of sentiment have shifted as options traders go long and October tries to live up to its reputation as a Bear market killer. LINKS FOR SHOW NOTES https://www.investopedia.com/terms/o/octobereffect.asp https://www.investopedia.com/terms/c/chicago-board-options-exchange-cboe-vix-vix-vvix.asp awealthofcommonsense.com/2022/10/the-long-term-is-not-where-life-is-lived/ https://www.spacresearch.com/newsletter https://insight.factset.com/sp-500-earnings-season-update-october-21-2022 www.investopedia.com/terms/c/coveredcall.asp https://www.instagram.com/themasterinvestor/ https://linktr.ee/themasterinvestor https://www.youtube.com/watch?v=5Yhf0wBFtvY Learn more about your ad choices. Visit podcastchoices.com/adchoices

Bob Pisani, the legendary business news broadcaster and CNBC's Senior Markets Correspondent joins the show live from the floor of the New York Stock Exchange to talk about what really happens on Wall Street, the current mood of the markets, and his new book, "Shut Up & Keep Talking." Plus, retail traders have swarmed a dangerous part of the options market, making short-term bets that are fueling recent volatility. And, the anniversary of Black Monday, 1987 is upon us. We go back in time with Louis Rukeyser. LINKS FOR SHOW NOTES: https://www.investopedia.com/what-to-expect-for-the-markets-next-week-4584772 www.investopedia.com/terms/c/cdo.asp https://www.investopedia.com/terms/c/clo.asp www.wsj.com/articles/u-k-crisis-spills-into-u-s-junk-debt-11665440122 www.cnbc.com/bob-pisani/ www.thriftbooks.com/w/shu...78499/ www.eventbrite.com/e/your-money-your-health-planning-for-your-future-tickets-419657927157 https://www.investopedia.com/ask/answers/042115/what-caused-black-monday-stock-market-crash-1987.asp Learn more about your ad choices. Visit podcastchoices.com/adchoices

Vivek Ramaswamy, author of Woke Inc., and Nation of Victims, joins the show to talk about the fallacy of stakeholder capitalism and why it is at the root of one of the greatest frauds in financial markets today. Plus, the hunt for fair value for the stock market continues, and the stakes are getting higher as earnings season approaches. What to watch out for inside quarterly reports as the Fed sharpens its talons. LINKS FOR SHOW NOTES: https://insight.factset.com/largest-cuts-to-eps-estimates-for-sp-500-companies-for-q3-2022-in-more-than-two-years https://www.investopedia.com/terms/f/fairvalue.asp https://www.economist.com/by-invitation/2022/09/14/stakeholder-capitalism-poisons-democracy-argues-vivek-ramaswamy https://www.vivekramaswamy.com/ https://strive.com/ https://www.investopedia.com/terms/c/creditdefaultswap.asp https://www.youtube.com/watch?v=27Tf8RN3uiM&list=RDLVOHTVXKK2a0M&start_radio=1&rv=OHTVXKK2a0M https://www.eventbrite.com/e/your-money-your-health-planning-for-your-future-tickets-419657927157 Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Carson Group's new Chief Investment Strategist rejoins the Express to give us perspective on this bear market, and what could bring it to its knees. Plus, investor sentiment is at an historical low, which is usually a contrarian indicator. But investors are facing challenges on all fronts, which could put a wrinkle in history. Is all this pessimism "priced in"? LINKS FOR SHOW NOTES https://ycharts.com/ www.investopedia.com/articles/bonds/08/treasuries-fed.asp https://www.investopedia.com/investor-sentiment-on-thin-ice-amid-rate-hikes-and-swoon-in-stocks-6745309 https://www.aaii.com/sentimentsurvey https://www.opec.org/opec_web/en/press_room/28.htm https://www.investopedia.com/articles/active-trading/090115/understanding-how-dividends-affect-option-prices.asp https://www.carsongroup.com/insights/blog/team-members/ryan-detrick/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

The bears are circling as asset prices are being reset amid higher interest rates. Christine Benz and John Rekenthaler of Morningstar, and Anastasia Amoroso of iCapital, join Caleb at Investor Connection, a live event last week, for a conversation on how individual investors can reset their portfolios given the new market dynamics. Plus, why the Dot Plot, one of the most boring charts in economics and investing, is the most important data set for investors to pay attention to today. LINKS FOR SHOW NOTES https://www.icapitalnetwork.com/about-us/team/anastasia-amoroso/ https://www.morningstar.com/authors/30/christine-benz https://www.morningstar.com/authors/208/john-rekenthaler https://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20220921.pdf https://www.federalreservehistory.org/essays/stock-market-crash-of-1987 https://www.c-span.org/video/?1444-1/president-reagan-stock-market-turbulence https://www.investopedia.com/terms/s/sinkingfund.asp https://www.youtube.com/c/investopedia https://registration.socio.events/e/investorconnection/promo-codes/CONNECT Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Express steams through the Future Proof Wealth Festival to bring you conversations from some of the country's top financial advisors and investment strategists on how we should navigate the tumult in the capital markets. Joe McLean, Lindsey Bell, Blair Duquesnay and Michael Antonelli climb aboard with their best advice for investors of all ages as we face rising interest rates and even more uncertainty. Plus, it's a huge week for monetary policy makers as the Federal Reserve and other central banks meet on interest rates. What's likely to happen, and how we should prepare for it now. LINKS FOR SHOW NOTES https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html https://investors.fedex.com/news-and-events/investor-news/investor-news-details/2022/FedEx-Reports-Preliminary-First-Quarter-Financial-Results-and-Provides-Update-on-Outlook/default.aspx https://futureproof.advisorcircle.com/ https://www.joemclean.com/ https://www.ally.com/do-it-right/investing/ally-expert-lindsey-bell/ https://ritholtzwealth.com/team/blair-duquesnay/ https://blog.rwbaird.com/bull-and-baird-blog/michael-antonelli/ www.investopedia.com/terms/s/sacrificeratio.asp https://www.patagonia.com/ownership/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Lule Demissie, CEO of eToro U.S., joins the show from the Future Proof Wealth festival to talk about how its customers are braving the crypto winter and the downturn in stocks, and why investing education is getting them through it. Plus, two major railroad unions threaten to strike this week which could derail the supply chain just as it is showing signs of easing. What's lays ahead on the tracks and why it could thwart the easing of inflation. LINKS FOR SHOW NOTES: https://insight.factset.com/highest-number-of-sp500-companies-citing-recession-on-q2-earnings-calls-in-over-ten-years https://www.aar.org/news/rail-service-interruption-could-cost-economy-2-billion-per-day/ https://www.etoro.com/en-us/news-and-analysis/market-insights/the-bear-necessities-with-lule-demmissie-etoros-us-ceo/ https://www.investopedia.com/terms/d/drawdown.asp https://futureproof.advisorcircle.com/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

What are the characteristics of the world's greatest investors that separate them from the rest of us? David Rubenstein, co-founder of The Carlyle Group, and best-selling author, joins The Express to talk about the legends of the game and his new book, "How to Invest - Masters on the Craft". Plus, more hawkish talk from central bankers and stubborn inflation have killed the four-decade old bull market in bonds. That could be a $140 trillion dollar problem that will rock capital markets. LINKS FOR SHOW NOTES https://www.investopedia.com/ask/answers/013015/why-200-simple-moving-average-sma-so-common-traders-and-analysts.asp https://www.investopedia.com/ask/answers/012815/why-50-simple-moving-average-sma-so-common-traders-and-analysts.asp https://www.apple.com/apple-events https://www.davidrubenstein.com/ https://www.investopedia.com/terms/d/delisting.asp Learn more about your ad choices. Visit podcastchoices.com/adchoices

As The Express celebrates 100 episodes, we bring in JC Parets of AllStarCharts and Kenny Polcari for a full examination of the markets using technical analysis and macro fundamentals. Plus, Kenny drops an incredible recipe for a bone-in pork roast and JC gives us the perfect wine pairing to go with it. And, Dex McBean, a real-deal freestyle finance MC, joins The Express with the term of the week backed by a vicious beat. SHOW NOTE LINKS https://allstarcharts.com/blog/? https://www.kennypolcari.com/ https://insight.factset.com/ https://www.instagram.com/dex.mcbean/?hl=en https://soundcloud.com/kingtripl3 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Haley Sacks, aka “Mrs. Dow Jones”, joins the Express to talk about her journey to becoming a financial pop star, and what her hundreds of thousands of followers are asking her about every day. Plus, hawkish talk from the Fed and high anxiety blew a cool icy wind across the markets, and the short sellers are back at the table. Is the market repeating its cycles from 1946, 1973 and 2001? We dig into the charts. https://insight.factset.com/topic/earnings https://www.carsongroup.com/insights/blog/two-reasons-the-bulls-should-be-smiling/ https://www.sec.gov/Archives/edgar/data/1067983/000095012322009450/xslForm13F_X01/15796.xml https://www.instagram.com/mrsdowjones/?hl=en https://www.financeiscool.com/ https://tv.apple.com/us/show/loot/umc.cmc.5erbujil1mpazuerhr1udnk45 Learn more about your ad choices. Visit podcastchoices.com/adchoices