The Morning Market Briefing

March 14, 2023 - Daily Market Briefing

14 Mar 2023

Contributed by Lukas

Ben and Tom discuss yesterday’s volatility, whether or not there is more downside risk to go in the coming days, the CPI data that was reported toda...

March 13, 2023 - Daily Market Briefing

13 Mar 2023

Contributed by Lukas

Ben and Tom dive into the developments surrounding SVB, whether or not this will impact the rest of the banking system, the implications for the equit...

March 9, 2023 - Daily Market Briefing

10 Mar 2023

Contributed by Lukas

Ben, Andrew, and Tom break down day two of Jay Powell’s testimony on Capitol Hill and the market’s reaction to the commentary, preview tomorrow’...

March 8, 2023 - Daily Market Briefing

10 Mar 2023

Contributed by Lukas

Ben and Tom break down Jay Powell’s testimony on Capital Hill, the ADP employment data, and Ben shares notes from the CHX investor day that he atten...

March 7, 2023 - Daily Market Briefing

10 Mar 2023

Contributed by Lukas

Andrew and Tom discuss Jay Powell’s upcoming testimony, a continued streamlining in Tech, the impact of the current rate environment on small town b...

March 6, 2023 - Daily Market Briefing

10 Mar 2023

Contributed by Lukas

Ben and Tom discuss the upcoming investor day for ChampionX that Ben will be attending in NYC, Tesla’s decision to further reduce the sticker price ...

March 3, 2023 - Daily Market Briefing

10 Mar 2023

Contributed by Lukas

Ben and Tom discuss Verizon’s decision to bring in a new CFO and Head of Consumer Ops, earnings results from Costco and Broadcom, and the upcoming t...

March 2, 2023 - Daily Market Briefing

10 Mar 2023

Contributed by Lukas

Ben and Tom discuss a number of earnings reports that provide context on the state of the consumer and the state of Tech. They also sift through som...

March 1, 2023 - Daily Market Briefing

10 Mar 2023

Contributed by Lukas

Andrew and Tom discuss Disney’s battle with Ron DeSantis, GM’s decision to cut 500 salaried positions, the earnings report from Lowe’s, movement...

February 28, 2023 - Daily Market Briefing

10 Mar 2023

Contributed by Lukas

Tom and a very out of breath Ben discuss the earnings results out of Target, Goldman Sachs Investor Day news, and Chevron’s decision to buy back sha...

February 27, 2023 - Daily Market Briefing

27 Feb 2023

Contributed by Lukas

The guys discuss Pfizers's plan to acquire Seagan, but an antitrust suit could be looming. Union Pacific is looking to change their CEO as a result of...

February 24, 2023 - Daily Market Briefing

27 Feb 2023

Contributed by Lukas

The guys discuss the upcoming release of some significant economic data, including PCE Deflator, PCE Core Deflator, New Home Sales, and U of Michigan ...

February 23, 2023 - Daily Market Briefing

27 Feb 2023

Contributed by Lukas

The guys discuss a recap of yesterday's FED meeting, with sentiment being focused on a slower pace to fight inflation. Lael Brainard is set to be repl...

February 22, 2023 - Daily Market Briefing

27 Feb 2023

Contributed by Lukas

The guys continue to discuss the big sell-off in the market yesterday with rates shocking the market back downward. 10-year interest rates climbed to ...

February 15, 2023 - Daily Market Briefing

15 Feb 2023

Contributed by Lukas

The guys continue to discuss CPI numbers as the dust has settled from the full release yesterday. Retail sales are reporting this morning as they are ...

February 14, 2023 - Daily Market Briefing

15 Feb 2023

Contributed by Lukas

The guys discuss CPI numbers release with inflation back on the rise. Bank of America's Fund Manager Survey show majority of fund managers expect the ...

February 13, 2023 - Daily Market Briefing

15 Feb 2023

Contributed by Lukas

The guys discuss Consumer spending picks moving up in January, citing a weak December as a possible reason for the increase. CPI estimates are expecte...

February 10, 2023 - Daily Market Briefing

15 Feb 2023

Contributed by Lukas

The guys discuss Russia cutting oil production significantly in repsonse to Western sanctions, nearly 5% is the expectation. Microsoft is set to cut j...

February 9, 2023 - Daily Market Briefing

09 Feb 2023

Contributed by Lukas

The guys discuss an exceptionally strong 10-year auction yesterday in the bond market. The auction saw a high level of international demand and a fair...

February 8, 2023 - Daily Market Briefing

09 Feb 2023

Contributed by Lukas

The guys discuss Powell's comments on the "significant period of time" required to bring down inflation. State of the Union comments include noting a ...

Beyond Portfolio - Amanda Riedling

07 Feb 2023

Contributed by Lukas

Amanda Riedling was born and raised in Cobb County, Georgia. She attended the University of Georgia for both her undergrad, in Finance, and law school...

February 7, 2023 - Daily Market Briefing

07 Feb 2023

Contributed by Lukas

The guys discuss the FED's comments regarding the continued fight on inflation, with discussions focused around continuing the same path or potentiall...

February 6, 2023 - Daily Market Briefing

07 Feb 2023

Contributed by Lukas

The guys discuss the slide of the YEN as the Bank of Japan begins their transition from Kuroda to Masayoshi Amamiya. Several large deals are not going...

February 3, 2023 - Daily Market Briefing

07 Feb 2023

Contributed by Lukas

The guys discuss the January jobs report, with a surprising number of jobs coming in that exceeded expectations. They spent considerable time discussi...

February 2, 2023 - Daily Market Briefing

02 Feb 2023

Contributed by Lukas

The guys discuss the data and central bank recaps. The FED appears to be hawkish regarding ongoing increases, but there was acknowledgment of a need f...

January 31, 2023 - Daily Market Briefing

02 Feb 2023

Contributed by Lukas

The guys discuss the Chinese Lunar New Year, which essentially signals 7 days off in China. During the week off, the market could be affected as a res...

January 27, 2023 - Daily Market Briefing

02 Feb 2023

Contributed by Lukas

The guys discuss Juul exploring a sale or partnership with one of the big tobacco companies in the space. UK Migration Projection appears to be raisin...

January 26, 2023 - Daily Market Briefing

02 Feb 2023

Contributed by Lukas

The guys discuss Q4 GDP as numbers are soon to be released. CVX announces $75b stock buyback which would account for nearly 25% of all outstanding sto...

January 25, 2023 - Daily Market Briefing

02 Feb 2023

Contributed by Lukas

The guys discuss the possibility of inflation coming down even faster than the FED experts expect. Models show that a variety of factors could contrib...

January 24, 2023 - Daily Market Briefing

02 Feb 2023

Contributed by Lukas

The guys discuss the DOJ's apparent positioning as they are poised to sue Google over digital advertising market dominance. Amazon continues its pursu...

January 23, 2023 - Daily Market Briefing

02 Feb 2023

Contributed by Lukas

The guys discuss Timiraos' comments on the slowing of the fight on interest rates. The main questions surrounding the interview are concerned with not...

January 20, 2023 - Daily Market Briefing

02 Feb 2023

Contributed by Lukas

The guys discuss the debt ceiling as Janet Yellen stated that the Treasury is taking "extraordinary measures" to make sure bondholders are being paid ...

January 19, 2023 - Daily Market Briefing

02 Feb 2023

Contributed by Lukas

The guys discuss Jim Bullard's talk claiming the markets are down. His comments focus on stating that the FED needs to keep their foot on the gas and ...

January 18, 2023 - Daily Market Briefing

02 Feb 2023

Contributed by Lukas

The guys discuss the economic data update with retail sales numbesr and PPI being reported. Redfin's report on the housing market shows that the numbe...

January 13, 2023 - Daily Market Briefing

02 Feb 2023

Contributed by Lukas

The guys continue their discussions on the full CPI print as estimates were all very close to actual print numbers, and it appears the market pricing ...

January 12, 2023 - Daily Market Briefing

02 Feb 2023

Contributed by Lukas

The guys discuss the release of CPI numbers, reporting on Q4 of 2022. KB Hoimes provides an update on the state of the US housing market, showing some...

January 11, 2023 - Daily Market Briefing

02 Feb 2023

Contributed by Lukas

The guys discuss Jay Powell's remarks on relief for the market in the new year. European economic issues continue to "thaw" which brings relief to the...

January 9, 2023 - Daily Market Briefing

02 Feb 2023

Contributed by Lukas

The guys discuss Adobe CEO Shantanu Naraynaen's interview with the WSJ discussing the economic outlook for 2023. Macy's lowers guidance 5% for FQ4. Eu...

Q1 2023 - Macro Presentation (Audio)

31 Jan 2023

Contributed by Lukas

Ben, Tom, Andrew, and Jason discuss the state of the economy as 2022 has come to a close and 2023 is beginning. With a tumultuous year behind us, the ...

January 6, 2023 - Daily Market Briefing

06 Jan 2023

Contributed by Lukas

Ben, Tom, and Andrew discuss the NFP report, the Eurozone CPI print, and Samsung's earnings report. Europe reports a lower than expected CPI, however,...

January 5, 2023 - Daily Market Briefing

06 Jan 2023

Contributed by Lukas

Tom and Ben discuss the state of the jobs market. Amazon to lay off a considerable number of employees in the coming months, and ISM and ADP employmen...

January 4, 2023 - Daily Market Briefing

06 Jan 2023

Contributed by Lukas

Ben, Tom, and Andrew discuss Apple losing its $2 trillion status as a company, reminiscent of the fall GE had from its once plateau. Salesforce expect...

January 3, 2023 - Daily Market Briefing

06 Jan 2023

Contributed by Lukas

Tom and Ben discuss Tesla missing their Q4 delivery estimates and Musk's potential resignation from Twitter, along with its impact on Tesla as a whole...

Beyond the Portfolio - Barry Pencek

19 Dec 2022

Contributed by Lukas

Barry Pencek was born in Scranton, Pennsylvania with a heart for the skies. At any early age, he was convinced that being a pilot was the path for his...

December 19, 2022 - Daily Market Briefing

19 Dec 2022

Contributed by Lukas

Andrew, Ben, and Tom discuss a big week ahead as big earnings reports and a Bank of Japan policy meeting start a week of info despite the upcoming hol...

December 15, 2022 - Daily Market Briefing

15 Dec 2022

Contributed by Lukas

Ben discusses the release of economic data in both America and China. China continues to have poor economic numbers as their covid lockdowns were high...

December 14, 2022 - Daily Market Briefing

14 Dec 2022

Contributed by Lukas

Tom and Ben discuss the Fed's decisions on how to handle inflation and how the market has responded this year. Bank of Japan to consider a review next...

December 13, 2022 - Daily Market Briefing

13 Dec 2022

Contributed by Lukas

Ben, Andrew, and Tom discuss their view of the better than expected CPI data, the response to this data by the bond and equity markets, the takeaways ...

December 12, 2022 - Daily Market Briefing

12 Dec 2022

Contributed by Lukas

Ben and Tom discuss Amgen’s talks to buy Horizon Therapeutics in a deal with north of $20 billion. Developments in Exergonic nuclear fusion show sig...

December 9, 2022 - Daily Market Briefing

12 Dec 2022

Contributed by Lukas

Andrew, Tom, and Ben discuss China’s plan to sell $108 billion in special sovereign bonds to stimulation their struggling economy. The FTC sues Micr...

December 8, 2022 - Daily Market Briefing

12 Dec 2022

Contributed by Lukas

Tom and Ben discuss Walmart CEO Doug McMillon’s comments on the average consumer at an investor conference – penny pinching up, higher-income indi...

December 7, 2022 - Daily Market Briefing

07 Dec 2022

Contributed by Lukas

Tom and Andrew discuss the GA Senate race results, as Warnock won a tightly contested runoff. Meta faces even more headwind as privacy and media regul...

December 6, 2022 - Daily Market Briefing

07 Dec 2022

Contributed by Lukas

Andrew, Ben, and Tom discuss the issues facing commercial property funds are seeing spikes in redemption requests to the extent that they are limiting...

December 5, 2022 - Daily Market Briefing

05 Dec 2022

Contributed by Lukas

Tom and Ben discuss the Fed's plans for their 12/14 meeting with expectations to see a 50bp rate hike. Shanghai reopens after the authorities ease bac...

December 2, 2022 - Daily Market Briefing

02 Dec 2022

Contributed by Lukas

Ben and Tom discuss the upcoming OPEC+ meeting, jobs data and an acceleration in wage growth, the status on the railroad strike, how today’s news im...

December 1, 2022 - Daily Market Briefing

02 Dec 2022

Contributed by Lukas

Andrew, Tom, and Ben dive into the comments from Jay Powell, the implications of those comments, and our view of their validity. They also discuss Bid...

November 30, 2022 - Daily Market Briefing

02 Dec 2022

Contributed by Lukas

Ben, Andrew, and Tom discuss the easing (but still elevated) Eurozone inflation data, the upcoming meeting for OPEC+ and the expectation that they kee...

November 29, 2022 - Daily Market Briefing

29 Nov 2022

Contributed by Lukas

Tom and Ben discuss China's COVID protocol again, as it continues to have an impact on the markets due to the slowing of production in many areas with...

November 28, 2022 - Daily Market Briefing

28 Nov 2022

Contributed by Lukas

Ben, Tom, and Andrew discuss the protests in China as their COVID restrictions have caused severe tensions with civilians. The FTC filed an anti-monop...

November 18, 2022 - Daily Market Briefing

18 Nov 2022

Contributed by Lukas

Tom and Andrew discuss Elon's Twitter employment agreement, which required employees to commit to being all-in if they want to continue working for Tw...

November 17, 2022 - Daily Market Briefing

17 Nov 2022

Contributed by Lukas

Andrew takes on the morning call alone this morning. He discusses Christine Lagarde's upcoming address that will discuss the continued acceleration of...

November 16, 2022 - Daily Market Briefing

16 Nov 2022

Contributed by Lukas

Tom and Harrison discuss the Russian-made missle hitting Poland, killing two - speculation is that the missle was actually fired from Ukraine towards ...

November 15, 2022 - Daily Market Briefing

16 Nov 2022

Contributed by Lukas

Ben, Tom, and Andrew discuss PPI numbers as they reflect a positive move regarding inflation and the future of the economy. Big retail earnings releas...

November 14, 2022 - Daily Market Briefing

14 Nov 2022

Contributed by Lukas

Tom and Ben brave the onset of winter weather to discuss an economy and consumer that may be overreaching to “one data point” on inflation and the...

November 11, 2022 - Daily Market Briefing

11 Nov 2022

Contributed by Lukas

Tom and Ben discuss yesterday’s strong market rally (S&P up nearly 6%), the movement of oil prices and the factors influencing those changes, Amazon...

November 10, 2022 - Daily Market Briefing

10 Nov 2022

Contributed by Lukas

Tom and Ben discuss CPI reportings as the economy sees a favorable number for inflation. Stocks soared as investors seem to have very positive sentime...

November 9, 2022 - Daily Market Briefing

10 Nov 2022

Contributed by Lukas

Andrew, Ben, and Tom discuss election results, as the "red wave" was clearly a mis-forecast episode for the 2022 mid-terms. With a higher than anticip...

November 8, 2022 - Daily Market Briefing

10 Nov 2022

Contributed by Lukas

Andrew, Ben, and Tom discuss mid-term elections that are of particular interest to them. They go on to discuss the implications of a few swing state S...

November 7, 2022 - Daily Market Briefing

07 Nov 2022

Contributed by Lukas

Ben and Tom discuss China's "Zero-Covid" Policy and its impact on the global market, primarily the slowing of Apple's production of new iPhones. Meta ...

November 4, 2022 - Daily Market Briefing

07 Nov 2022

Contributed by Lukas

Tom and Ben discuss a mixed bag of earnings reports as signs of stress are continuing to show throughout the economy. Several large companies have ann...

November 3, 2022 - Daily Market Briefing

03 Nov 2022

Contributed by Lukas

Tom and Ben discuss the release of economic data showing an apparent slowing of the economy. Qualcomm notes that smartphone sales are down nearly 8% a...

November 2, 2022 - Daily Market Briefing

03 Nov 2022

Contributed by Lukas

Ben and Tom discuss earnings updates from AMD, as they've seen a positive quarter of business. A few earnings reports from some staple entities, CLX a...

November 1, 2022 - Daily Market Briefing

01 Nov 2022

Contributed by Lukas

Ben and Tom discuss earnings updates from several companies, notably UBER beating expectations and JNJ doing very well. A few tech stocks faired well ...

October 31, 2022 - Daily Market Briefing

31 Oct 2022

Contributed by Lukas

Ben and Tom discuss the FED's commentary about disliking the continued growth of the market, due to inflationary concerns. Euro area continues to see ...

October 28, 2022 - Daily Market Briefing

28 Oct 2022

Contributed by Lukas

Ben, Andrew, and Tom discuss this morning’s Bloomberg article squashing the notion that the Fed will pivot from their rate hike strategy, a steadyin...

October 27, 2022 - Daily Market Briefing

27 Oct 2022

Contributed by Lukas

Ben, Andrew, and Tom discuss incoming economic data, the mixed bag these results are for the Fed, the 0.75% rate hike out of the ECB, the joint ventur...

October 26, 2022 - Daily Market Briefing

27 Oct 2022

Contributed by Lukas

Ben and Tom discuss new British PM Rishi Sunak, Meta’s continued struggles with Apple, the Saudi’s desire to drive oil prices higher, some signs o...

October 25, 2022 - Daily Market Briefing

25 Oct 2022

Contributed by Lukas

Andrew, Ben, and Tom discuss the EV car market as GM and other auto manufacturers are seeing positive signs. The housing market continues to take a tu...

October 24, 2022 - Daily Market Briefing

24 Oct 2022

Contributed by Lukas

Ben, Tom, and Andrew discuss sentiment in the market with the potential of a lessened rate hike to 50bps in December, noted in an article by Nick Timi...

October 21, 2022 - Daily Market Briefing

21 Oct 2022

Contributed by Lukas

Andrew and Ben discuss the resignation of Liz Truss, following an incredibly short tenure at the helm of the UK. Her replacement is set to be put in p...

October 20, 2022 - Daily Market Briefing

20 Oct 2022

Contributed by Lukas

Tom and Ben discuss the continued conversations around the Biden administration's release of the final reserves authorized earlier this year. The plan...

October 19, 2022 - Daily Market Briefing

19 Oct 2022

Contributed by Lukas

Ben and Tom discuss the oil announcement to come regarding releases from the SPR as well as the plans to restock the reserves in the future. Earnings ...

October 18, 2022 - Daily Market Briefing

19 Oct 2022

Contributed by Lukas

Ben and Tom discuss the White House planning an SPR announcement as Core CPI continues to be elevated. They plan to release another 10-15 million barr...

October 17, 2022 - Daily Market Briefing

17 Oct 2022

Contributed by Lukas

Ben and Tom discuss Liz Truss firing of UK Chancellor of the Exchequer, Kwasi Kwarteng. China kicks off its five-year Party Congress with Xi Jingping ...

October 14, 2022 - Daily Market Briefing

14 Oct 2022

Contributed by Lukas

Andrew is joined by Ben and Tom via Texas. Ben and Tom share about the conference they've been attending out in Texas. Kroger confirms their offer to ...

October 13, 2022 - Daily Market Briefing

13 Oct 2022

Contributed by Lukas

Andrew discusses the release of CPI numbers, as the market responded quite negatively in real time to the release. CPI numbers only moved 0.4 overall,...

2022 Q3 - Macro Presentation

12 Oct 2022

Contributed by Lukas

Narwhal's presentation on the third quarter of 2022. Discussion of the highs, lows, and plans moving forward for the coming quarter and year.

October 12, 2022 - Daily Market Briefing

12 Oct 2022

Contributed by Lukas

Andrew discusses the market's continued downturn - yesterday had the second lowest closing of the year; 10-year bond closed at the second highest rate...

October 10, 2022 - Daily Market Briefing

12 Oct 2022

Contributed by Lukas

Ben, Tom, and Andrew discuss all that transpired last week, Ukraine getting hit hard with Russian attacks, the Bank of England attempting to support t...

October 7, 2022 - Daily Market Briefing

12 Oct 2022

Contributed by Lukas

Ben, Tom, and Andrew discuss AMD’s profit warning, Credit Suisse plans to buy back bonds, Biden’s executive order surrounding cannabis, and some i...

October 6, 2022 - Daily Market Briefing

06 Oct 2022

Contributed by Lukas

Tom, Ben, and Andrew discuss ISM services data, OPEC+ agreeing to a cut of 2 million barrels per day, Ford continuing to raise prices on the Lightenin...

October 4, 2022 - Daily Market Briefing

04 Oct 2022

Contributed by Lukas

Ben discusses ISM Manufacturing results as numbers continue to push downward as news comes out. It appears that central banks appear to be turning the...

October 3, 2022 - Daily Market Briefing

03 Oct 2022

Contributed by Lukas

Ben rejoins Andrew and Tom to discuss the U-turn by the UK, the reason for the Fed’s emergency meeting, the reduction plan from OPEC+, some concerns...

September 29, 2022 - Daily Market Briefing

29 Sep 2022

Contributed by Lukas

Tom and Andrew discuss yesterday’s market rally, some puzzling economic data that is coming in, Germany’s attempt to curb gas prices, a rally out ...

September 28, 2022 - Daily Market Briefing

28 Sep 2022

Contributed by Lukas

We kick off today’s show with a declaration from Tom, followed by some discussion around the situation in the UK, the result of hitting 4% on the 10...

September 27, 2022 - Daily Market Briefing

27 Sep 2022

Contributed by Lukas

Andrew and Tom are back to discuss the previous week and a half of turbulence in the markets. The US Markets continue to be rocky as inflation and unc...

September 14, 2022 - Daily Market Briefing

14 Sep 2022

Contributed by Lukas

Tom and Andrew discuss yesterday morning’s hot CPI print, the equity market’s significantly negative reaction to the data, the Fed’s path as the...

September 13, 2022 - Daily Market Briefing

13 Sep 2022

Contributed by Lukas

Andrew is flying solo this morning to discuss the release of CPI numbers. Overall, CPI is up just a meager 0.1, but this shows that inflation has yet ...

September 12, 2022 - Daily Market Briefing

13 Sep 2022

Contributed by Lukas

Tom, Andrew, and Ben discuss the upcoming sentiment on the CPI numbers that will be released on Tuesday. Despite union discussions, Union Pacific was ...

September 9, 2022 - Daily Market Briefing

09 Sep 2022

Contributed by Lukas

Ben and Tom discuss the weakening USD as the Euro/GBP/Yen rebound a bit. CPI shows a lowered spending, but the main driver of that lowering seems to b...