Market Matters from New York Life Investment Management
Episodes
Macro Pulse: Pricing past the blockade (May 4, 2026)
04 May 2026
Contributed by Lukas
Markets are showing resilience, but rising geopolitical risk and policy divergence are reshaping the investment landscape. Julia Hermann and Michael L...
Around the world: war in Iran and the global economy (April 27, 2026)
27 Apr 2026
Contributed by Lukas
Equity markets are holding near highs even as geopolitical risks remain elevated. Julia Hermann and Sarah Hirsch are joined by Candriam’s Emile Gagn...
The macro impact of AI, with special guest Steve Friedman (April 20, 2026)
20 Apr 2026
Contributed by Lukas
AI is moving fast, but its macro impact is still unfolding. Julia Hermann and Michael LoGalbo are joined by Steve Friedman, Senior Macroeconomist at M...
Credit and conflict: the stories moving markets
13 Apr 2026
Contributed by Lukas
Markets have been moving quickly, and the underlying story is becoming more complex. In this week’s Market Matters, Julia Hermann and Sarah Hirsch b...
Macro Pulse: macro spillovers from the Strait (April 6, 2026)
07 Apr 2026
Contributed by Lukas
Geopolitical tensions are moving into the core macro outlook, with energy markets, inflation, and policy all increasingly interconnected. Tune in as J...
Great power politics in action (March 30, 2026)
30 Mar 2026
Contributed by Lukas
Geopolitical risk is moving from the background to the foreground for investors. In this episode, Julia Hermann and Michael LoGalbo explore how great ...
Conflict in Iran: the Strait of Hormuz closure and wider economic shock (March 24, 2026)
23 Mar 2026
Contributed by Lukas
Markets have remained relatively calm, but the U.S. conflict with Iran has raised the stakes for the global economy. In this episode, Lauren Goodwin a...
Is broader better? (March 16, 2026)
16 Mar 2026
Contributed by Lukas
Markets are broadening, but broader doesn’t necessarily mean better. In the latest episode of Market Matters, Lauren Goodwin and Julia Hermann unpac...
Macro Pulse: the cycle extends but volatility returns (March 9, 2026)
09 Mar 2026
Contributed by Lukas
The range of outcomes in 2026 is wide, and markets are reflecting that. In this Macro Pulse update, Julia Hermann and Michael LoGalbo discuss how geop...
There is no place like (an affordable) home (March 2, 2026)
02 Mar 2026
Contributed by Lukas
There’s no place like home, but for many Americans, homeownership feels further out of reach than ever. In this episode of Market Matters, Julia Her...
Thoughts from the road (February 17, 2026)
17 Feb 2026
Contributed by Lukas
Markets are moving fast in 2026, and investor sentiment is shifting with them. In this episode of Market Matters, Julia Hermann and Sarah Hirsch share...
Extending the cycle: growth and opportunity across private markets (February 9, 2026)
09 Feb 2026
Contributed by Lukas
Private markets are entering 2026 with renewed momentum. Lauren Goodwin and Sarah Hirsch preview the 2026 Global Private Markets Outlook, sharing thei...
Searching for Black Swans in 2026 (Part 1) (February 2, 2026)
02 Feb 2026
Contributed by Lukas
In this episode of Market Matters, Lauren Goodwin and Michael LoGalbo explore four black swan scenarios from the 2026 Swan Lake report, including disr...
Two economies, one headline: the implications of a K-shaped economy (January 26, 2026)
26 Jan 2026
Contributed by Lukas
Headline economic data can look steady, even when real strain exists beneath the surface. On Market Matters, Julia Hermann and Michael LoGalbo break d...
A full guide to Fed independence (January 20, 2026)
20 Jan 2026
Contributed by Lukas
Why does Federal Reserve independence matter, and how would markets respond if it weakened? On Market Matters, Julia Hermann and Sarah Hirsch break do...
Sticky questions from our U.S. wealth conference (January 12, 2026)
12 Jan 2026
Contributed by Lukas
After a week of conversations with our U.S. wealth teams, a few themes stood out as especially “sticky” for 2026. Lauren Goodwin and Julia Hermann...
Putting cash to work in the new year (January 5, 2026)
05 Jan 2026
Contributed by Lukas
With nearly $8 trillion sitting in money market funds, investors face a familiar challenge: how to deploy capital when entry points feel scarce. Laure...
Our holiday ode to the markets (December 15, 2025)
15 Dec 2025
Contributed by Lukas
‘Twas NYLI before Christmas… and the perfect moment to unwind with our final episode of 2025. Join Julia Hermann as she reads her annual holiday v...
Will the gold rush extend into 2026? (December 9, 2025)
08 Dec 2025
Contributed by Lukas
Is gold becoming the next bubble or just catching up to years of structural demand? In this Market Matters episode, Julia Hermann and “Macro” Mike...
Charting the year ahead: Outlook for 2026 (December 1, 2025)
01 Dec 2025
Contributed by Lukas
Policy support, AI innovation, and profitability are extending the U.S. cycle, but not without risk. This week on Market Matters, Lauren Goodwin and J...
What to do about the dollar in 2026 (November 17, 2025)
17 Nov 2025
Contributed by Lukas
After 15 years of dominance, the U.S. dollar’s exceptional run is showing its age. This week, Julia Hermann and Lauren Goodwin explore what’s behi...
Credit: canaries in the coal mine, or a healthy reality check (November 10, 2025)
10 Nov 2025
Contributed by Lukas
Recent high-profile bankruptcies have put credit markets back in the spotlight. In this week’s Market Matters, Lauren Goodwin and Sarah Hirsch are j...
Is AI in a bubble? It’s a marathon, not a sprint (November 3, 2025)
03 Nov 2025
Contributed by Lukas
AI’s market dominance and transformative potential are undeniable - but is the pace of AI investment sustainable? This week, Lauren Goodwin and Juli...
Top investor questions from recent travels (October 20, 2025)
21 Oct 2025
Contributed by Lukas
Fresh from the road, Julia Hermann and Lauren Goodwin share key insights from global investor conversations, covering shifting investor sentiment arou...
Two fallen governments, one common problem (October 13, 2025)
13 Oct 2025
Contributed by Lukas
This week on Market Matters, Julia Hermann breaks down two sets of market-moving political events – France’s government reshuffle and Japan’s ...
How a U.S. government shutdown hits the desk, and the outlook (October 6, 2025)
06 Oct 2025
Contributed by Lukas
The U.S. government has shut down, furloughing federal workers and halting key economic data releases. Julia Hermann and Sarah Hirsch discuss how the ...
Investment themes for a changing world order (September 29, 2025)
29 Sep 2025
Contributed by Lukas
What does a new era of security-first economics mean for investors? Julia Hermann and Michael LoGalbo break down this element of a broader geopolitica...
Cut, pause, repeat: the impact of sporadic easing on the economy and markets (September 22, 2025)
22 Sep 2025
Contributed by Lukas
After a nine-month pause, the Fed has resumed an easing cycle. Lauren Goodwin and Sarah Hirsch explain why this will be the start of a sporadic, not s...
The Fed’s back at it (September 15, 2025)
15 Sep 2025
Contributed by Lukas
The Fed is set to deliver its first rate cut in nine months. How will the latest jobs revision and inflation data shape the market outlook ahead? Laur...
Macro pulse: turning leaves, turning points (September 8, 2025)
08 Sep 2025
Contributed by Lukas
Capital markets have priced out the worst-case scenario from U.S. policy uncertainty, but policy risks remain. Join Julia Hermann and Sarah Hirsch as ...
Private markets: navigating a global market reset (September 1, 2025)
01 Sep 2025
Contributed by Lukas
From diverging interest rate cycles to policy uncertainty, the first half of 2025 shifted private markets. Lauren Goodwin and Sarah Hirsch share their...
Flows speak louder than fears: the latest on U.S. asset demand (August 25, 2025)
25 Aug 2025
Contributed by Lukas
The narrative of a global exit from U.S. assets has been loud this year, but the data tells a different story. In this week’s episode of Market Matt...
The leaning tower of austerity: the future of sovereign debt in Europe (August 11, 2025)
11 Aug 2025
Contributed by Lukas
Continuing a four-part series on debt sustainability: Europe has a strong legacy of fiscal discipline, but often at the cost of productive investment....
The great wall of liabilities: the future of debt in China (August 4, 2025)
04 Aug 2025
Contributed by Lukas
The team’s series on sovereign debt sustainability continues, this week with a focus on China. Julia Hermann hosts Valentina Chen, Head and Portfoli...
The empire of IOU: the future of U.S. sovereign debt (July 28, 2025)
28 Jul 2025
Contributed by Lukas
Julia Hermann hosts Steven Friedman, Managing Director and Senior Macroeconomist at MacKay Shields, for a special recording of Market Matters on the 3...
Trust or bust: the megatrend of global debt sustainability (July 21, 2025)
21 Jul 2025
Contributed by Lukas
Join Lauren Goodwin and Julia Hermann for a special recording of Market Matters, on the 34th floor of the New York Life building in Manhattan. Your ho...
Pollyanna can’t ignore tariffs forever (July 14, 2025)
14 Jul 2025
Contributed by Lukas
Are markets underestimating the ripple effects of recent tariff changes? Lauren Goodwin and Julia Hermann break down the latest data, policy shifts, a...
Macro in the midyear sun (July 7, 2025)
07 Jul 2025
Contributed by Lukas
On this week’s episode of Market Matters, Lauren Goodwin and Julia Hermann deliver a midyear macro check-in, breaking down the four key forces shapi...
Geopolitics “live”: U.S.-Iran-Israel conflict (June 30, 2025)
30 Jun 2025
Contributed by Lukas
Lauren Goodwin and Julia Hermann assess how recent U.S. involvement in the Middle East may affect inflation, commodities, and asset allocation. They o...
Do investors really want out of U.S. assets? (June 23, 2025)
23 Jun 2025
Contributed by Lukas
Lauren Goodwin and Julia Hermann examine a key question hanging over global allocation: do investors want out of the U.S.? This week’s episode explo...
Top takeaways from our Global Investor Forum (June 16, 2025)
16 Jun 2025
Contributed by Lukas
At the New York Life Investments’ Global Investor Forum, one theme was loud and clear: the global investment landscape is undergoing structural chan...
Breadcrumbs of Softness (June 9, 2025)
09 Jun 2025
Contributed by Lukas
Lauren Goodwin and Julia Hermann introduce the newest member of the Global Market Strategy team, Sarah Hirsch! Julia and Sarah break down the latest m...
Accepting new policy and market realities (June 2, 2025)
02 Jun 2025
Contributed by Lukas
Bond yields are rising, and tariffs are back in focus. This broader spectrum of policy uncertainty may require investors to adjust. Julia Hermann and ...
Could lower tariffs mean higher inflation? (May 19, 2025)
19 May 2025
Contributed by Lukas
U.S.–China tariffs have been rolled back – at least temporarily. Lauren Goodwin and Julia Hermann break down what this trade détente means for in...
Geopolitical risk in a shifting world order (May 12, 2025)
12 May 2025
Contributed by Lukas
Geopolitical risk is increasing, becoming a key factor in the macroeconomic landscape. Lauren Goodwin and 'Macro Mike' LoGalbo explore the g...
Checking in on the U.S. private markets, with Apogem and Bow River (May 5, 2025)
05 May 2025
Contributed by Lukas
Lauren Goodwin is joined by Kee Rabb, Managing Director at Apogem Capital, and Jeremy Held, Managing Director at Bow River Capital, to discuss how nea...
Shifting market correlations (April 28, 2025)
28 Apr 2025
Contributed by Lukas
The market is changing, and so are the rules. Learn how to navigate the shifting landscape with Julia Hermann on Market Matters.
Top investor questions (April 21, 2025)
21 Apr 2025
Contributed by Lukas
Lauren Goodwin and Julia Hermann have been on the road, engaging with U.S.-based investors and gathering their most pressing questions. Tune in to Mar...
Market strategy with special guest Brian Levitt (April 14, 2025)
14 Apr 2025
Contributed by Lukas
Lauren Goodwin hosts Brian Levitt, Global Market Strategist at Invesco, to discuss how market strategists manage challenging economic backdrops. They ...
A defining moment for global trade (April 7, 2025)
07 Apr 2025
Contributed by Lukas
The past few days – and coming weeks – mark a historic moment for global trade and for markets. Lauren Goodwin and Julia Hermann share how the rec...
Tariff Tuesday (March 31, 2025)
31 Mar 2025
Contributed by Lukas
Lauren Goodwin and Julia Hermann have one topic to cover this week: tariffs. Tune in as we dive into the implications of Tariff Tuesday, including nea...
Risks vs reality: our take on recent market volatility (March 17, 2025)
17 Mar 2025
Contributed by Lukas
Julia Hermann and Michael LoGalbo explore the recent decline in U.S. equities, driven by soaring policy uncertainty, and examine its implications for ...
Are changes in Europe a game changer for investments? (March 10, 2025)
10 Mar 2025
Contributed by Lukas
Host Lauren Goodwin is joined by Emile Gagna, Deputy Head of Economic Research at Candriam, to discuss the latest policy announcements in Europe and t...
What to do when stellar earnings aren’t enough (March 3, 2025)
04 Mar 2025
Contributed by Lukas
Last week’s NVIDIA earnings report may have been stellar, but didn’t alleviate investor jitters. Julia Hermann and Michael LoGalbo discuss what la...
Private Markets Series: Our latest take on the private markets (February 24, 2025)
25 Feb 2025
Contributed by Lukas
This week, Lauren Goodwin and Julia Hermann turn to the private markets, where they see four turning points driving capital allocation. Tune in as the...
Inflation on the accelerator (February 17, 2025)
17 Feb 2025
Contributed by Lukas
Lauren Goodwin and Julia Hermann dive into the latest inflation figures that shook the market - briefly. Listen for a comprehensive breakdown of the d...
Dealing with market disruptions (February 10, 2025)
10 Feb 2025
Contributed by Lukas
Lauren Goodwin and Julia Hermann dive into two major market disruptions: the DeepSeek AI model that shook investor confidence in U.S. tech dominance a...
Searching for Black Swans (Part 2) (February 3, 2025)
03 Feb 2025
Contributed by Lukas
Lauren Goodwin and Michael LoGalbo are back for round two of our annual Black Swans discussion. From climate risks to maritime threats, tune in for th...
Searching for Black Swans (Part 1) (January 27, 2025)
27 Jan 2025
Contributed by Lukas
It’s Swan Lake week, and Lauren Goodwin and Macro Michael LoGalbo are diving into the unknown. Tune in for the top 4 black swan risks that could dis...
Biden’s Last Business Day (January 17, 2025)
17 Jan 2025
Contributed by Lukas
Lauren Goodwin and Julia Hermann explore the policy changes marking the Biden-Trump transition, focusing on key considerations for investors. These sh...
Is the 9-to-5 pushing yields to 5%? (January 13, 2025)
13 Jan 2025
Contributed by Lukas
Lauren Goodwin and Julia Hermann discuss the strong December 2024 jobs report and the subsequent market reactions, including a decline in equities and...
Our Top 5 Questions for 2025
06 Jan 2025
Contributed by Lukas
Julia Hermann and Michael LoGalbo are reporting live from New York Life Investments' National Sales Conference in Phoenix, Arizona sharing the to...
NYLIM Before Christmas (December 23, 2024)
23 Dec 2024
Contributed by Lukas
From a gold-plated rooftop in NYC, we bring festive tidings from Global Market Strategy… Join us for a special holiday episode of Market Matters, w...
The bull-bear battles of 2025 (December 16, 2024)
17 Dec 2024
Contributed by Lukas
We have lost count of how many years “unprecedented uncertainty” has led annual outlooks, and yet here we are again. The next few months are likel...
Views from the road (December 9, 2024)
09 Dec 2024
Contributed by Lukas
In just this past month, Lauren Goodwin and Julia Hermann have spent time with investors across various political climates in the U.S., road-showed in...
What’s next for the AI trade (December 2, 2024)
02 Dec 2024
Contributed by Lukas
Lauren Goodwin and Julia Hermann take a fresh look at the AI trade, evaluating both its promises and pitfalls. As investors set their sights on 2025, ...
The Trump Trades: Fade or Follow? (November 18, 2024)
19 Nov 2024
Contributed by Lukas
It’s been a couple weeks since the U.S. election, and the market is buzzing with post-election “Trump trades”. Lauren Goodwin and Julia Hermann ...
Ballots, Bulls, and Bears: Trumped-Up Markets (November 11, 2024)
11 Nov 2024
Contributed by Lukas
The results are in. Donald Trump won the 2024 Presidential election, and Republicans have taken control of both the Senate and the House of Representa...
Ballots, Bulls, and Bears: Policy continuity (November 4, 2024)
04 Nov 2024
Contributed by Lukas
As election week unfolds and uncertainty fills the air, one question stands out: what policies are least at risk of change? Lauren Goodwin and Michael...
Rates back on the rise (October 28, 2024)
28 Oct 2024
Contributed by Lukas
Why are interest rates rising after a Fed cut? Is it all about the election – and what are the implications on long-term rates? Lauren Goodwin and J...
Ballots, Bulls and Bears: global allocation with Nadège Dufossé (October 21, 2024)
28 Oct 2024
Contributed by Lukas
The U.S. election may be decided by U.S. citizens, but its impact will be felt by a far larger base. Nadège Dufossé, Global head of Multi-Asset at C...
The moderate, middling, muddle-through economy (October 14, 2024)
14 Oct 2024
Contributed by Lukas
The economic scene is shifting, and so is the team’s outlook. Join Lauren Goodwin, Julia Hermann, and Michael LoGalbo as they unravel the Fed’s in...
Ballots, Bulls and Bears: Tax policy and municipal bonds (October 7, 2024)
07 Oct 2024
Contributed by Lukas
The 2017 Tax Cuts and Jobs Act included tax cuts for households that are set to expire in 2025. How might tax policy evolve, and what does it mean for...
Ballots, Bulls, and Bears: the view from Washington (September 30, 2024)
30 Sep 2024
Contributed by Lukas
This episode shares the political landscape ahead of the 2024 U.S. election with Jon Paone and Kerry Cole, members of New York Life Insurance Company’...
Neutral or bust! (September 23, 2024)
23 Sep 2024
Contributed by Lukas
The Federal Reserve went big, starting its easing cycle with a 50bp interest rate cut. Does the pace of easing matter? How far will the Fed go? How do...
Ballots, Bulls and Bears: What’s at stake in the U.S. election, and who could win (September 16, 2024)
16 Sep 2024
Contributed by Lukas
The first debate between Donald Trump and Kamala Harris has investors talking about what’s at stake in the U.S. election and who could win. Host Lau...
Private markets series: Real estate turning points with Tristan and NYL Real Estate Investors (September 9, 2024)
09 Sep 2024
Contributed by Lukas
Commercial real estate has been in the news for its risks – related to office space – but interest rate turning points may be creating a generatio...
Private markets series: Private credit with Kartesia and Apogem Capital (September 2, 2024)
02 Sep 2024
Contributed by Lukas
Investors have flocked to private credit as higher interest rates meant higher yield. Now, with interest rates moving lower, credit managers are loo...
Private markets series: the private equity landscape with Apogem Capital (August 26, 2024)
26 Aug 2024
Contributed by Lukas
Private equity has been at a standstill for the last several quarters, but is that changing? Louise Smith of Apogem Capital joins host Lauren Goodwin ...
Private markets series: The democratization of private markets with Bow River Capital (August 19, 2024)
19 Aug 2024
Contributed by Lukas
Private markets are now accessible by retail investors, but is it a good thing? Jeremy Held of Bow River Capital joins host Lauren Goodwin to discuss ...
Private markets series: our capital markets outlook (August 12, 2024)
12 Aug 2024
Contributed by Lukas
Introducing: a new Global Private Markets Outlook from New York Life Investments. Lauren Goodwin shares how changes in the economy and capital markets...
Medal worthy? Q2 earnings season (August 5, 2024)
05 Aug 2024
Contributed by Lukas
Q2 earnings season is underway... what will it take to make the podium, and where are the disappointments? Julia Hermann and Michael LoGalbo commentat...
2024 U.S. election: Policy, not politics (July 29, 2024)
29 Jul 2024
Contributed by Lukas
The 2024 election season is already shaping up to be one of the wildest in history. With three and a half months until election day, Lauren Goodwin an...
What small caps have to do with our recession view (July 22, 2024)
22 Jul 2024
Contributed by Lukas
It’s midyear Macro Pulse time! Lauren Goodwin, Julia Hermann, and Michael LoGalbo share their midyear outlook, including an updated economic view, t...
Prepare to (Fed) Pivot (July 15, 2024)
15 Jul 2024
Contributed by Lukas
Our Fed cut checklist has been valuable tool for gauging this Fed's patient policy. For the last two years, only one of our four conditions was m...
Across the pond: summer election readout (July 8, 2024)
08 Jul 2024
Contributed by Lukas
France and the UK have gone to the polls – with stakes that feel similar, but diverging market reactions. Lauren Goodwin and Julia Hermann discuss t...
New frontiers in AI: in conversation with Alex Cook
24 Jun 2024
Contributed by Lukas
Lauren Goodwin hosts Alex Cook, Head of Strategic Capabilities at New York Life, as they explore how artificial intelligence is ushering in transforma...
Investments in AI infrastructure with Simon Martin (June 17, 2024)
17 Jun 2024
Contributed by Lukas
The infrastructure required to enable the AI boom is daunting – and presents investment opportunities across the real estate spectrum. Julia Hermann...
Venturing into AI with Joel Albarella (June 10, 2024)
10 Jun 2024
Contributed by Lukas
With AI moving at lightning speed, venture capital offers a unique perspective into the pipeline of companies at the forefront of generative AI techno...
Artificial Intelligence: from imagination to investment (June 3, 2024)
03 Jun 2024
Contributed by Lukas
We can easily imagine a future state with AI at the center of innovation and investment. For investors, the most important question is: what does it t...
Managing geopolitical risk in portfolios (May 20, 2024)
20 May 2024
Contributed by Lukas
Geopolitical risk has so much impact on navigating the markets, but can feel impossible to position around. Lauren Goodwin, Julia Hermann, and Michael...
U.S. commercial real estate: under the hood with Jon Miniman (May 6, 2024)
07 May 2024
Contributed by Lukas
Commercial real estate has been considered a simmering risk for the U.S. economy. But amid pockets of stress, investors can find opportunity. Julia He...
U.S. banks check-up with Mark Kehoe (April 29, 2024)
24 Apr 2024
Contributed by Lukas
A year after a near-crisis, U.S. banks are showing resilience. But with interest rate moves, an economic slowdown, and normalization from a pro-liquid...
Macro Pulse, Part 2: our latest asset class views (April 22, 2024)
22 Apr 2024
Contributed by Lukas
NYLIM’s Global Market Strategy team is handing listeners their allocation playbook. Lauren Goodwin, Julia Hermann, and Michael LoGalbo have teamed u...
Macro Pulse: our latest economic views (April 15, 2024)
15 Apr 2024
Contributed by Lukas
This week on the podcast, Lauren Goodwin, Julia Hermann, and Michael LoGalbo launch their new economic outlook series: Macro Pulse. Tune in for their ...
TikTok, chips, and the U.S.-China tech squabble (April 8, 2024)
08 Apr 2024
Contributed by Lukas
The U.S.-China tech relationship has risen to the top of many investors’ geopolitical concerns. From TikTok to chip production, the past few weeks h...
Did immigration deliver a soft landing? (April 1, 2024)
01 Apr 2024
Contributed by Lukas
New data on immigration into the U.S. has sparked new discussions among economists. Is it the missing link to explain strong economic growth? Lauren G...
The end of negative rates (March 25, 2024)
25 Mar 2024
Contributed by Lukas
The Bank of Japan’s historic decision to end its Negative Interest Rate Policy has far-reaching implications for global investors. Lauren Goodwin an...
Inflation: the long slog back to target (March 18, 2024)
18 Mar 2024
Contributed by Lukas
2 months of slightly-too-hot inflation. A Fed meeting this week. A market eager for interest rate cuts. Lauren Goodwin and Julia Hermann are standing ...
Thinking through dollar-based returns (March 11, 2024)
11 Mar 2024
Contributed by Lukas
The dollar’s up – but what does a strong dollar really mean for investors? Julia Hermann and Michael LoGalbo navigate the maze of recent short-ter...