Behind the Markets Podcast

Show from 8/4/23 Doomberg begins by telling us about who they are and what their newsletter is about. The writers are able to stay anonymous and write about topics including economy, climate and policy without fear of losing their careers in the fields they specialize in. He tells us that climate happens to be the most controversial topic with carbon reduction being the most heated debate. He dive...

Show from 7/28/23 Prof. Siegel kicks off with his take on the recent news conference from the Fed. He believes that we are not as close to a recession as previously thought, due to the stability of some essential commodities (10:28). Torsten agrees with the Professor, highlighting how the Fed is slowing the economy down with interest rate hikes. He explains his concern that there could be a huge s...

Show from 7/21/23 Prof. Siegel calls in live from his cruise to share his big takes on today's current market. He explains to us his shift of opinion towards the Feds and what he is looking into to suggest market recovery (13:25). Alejandro starts by telling us what he researches and studies at the University of Florida. He explains his use of AI to calculate rates and how it could be used by comp...

Show from 7/14/23 Prof. Siegel begins with the positive news of inflation coming in below expectations. He highlights the strength of the real economy, citing low initial jobless claims and strong consumer sentiment. Market sentiment is optimistic, with money flowing back into the market and a favorable outlook for investors. (00:12:50) Warren focuses on the potential margin contraction in 2024 ea...

Show from 07/07/23 Prof. Siegel talks to us about the new market data and the current unemployment rate reports this week (10:35). Jeremy and Chris are joined today by Simon who discusses his new book Power and Progress: Our 1000-Year Struggle Over Technology and Prosperity. They talk about the importance of AI for human-kind and its comparison to previous technologies. Simon gets into detail on t...

Show from 06/30/23 Prof. Siegel talks to us about the current positive market standings this week and his hesitation with the Feds ongoing decisions. Jeremy is joined by Raymond who tells us a little bit about himself, his background and the firms he is a part of (09:33). He explains why people would want to use services at Relative Sentiment Technologies. He gives us his perspective on the retail...

Show from 6/23/23 Jeremy Schwartz and Prof. Siegel discuss how the recent job reports and global manufacturing data have raised concerns about a softening economy. Federal Reserve Chairman Powell provided no new information during his congressional appearance, and remains committed to anticipated interest rate hikes. Additionally, the housing market continues to experience a significant surge in p...

Jeremy and the professor are joined today by both Brandon and Nora as they discuss their views on the economy, inflation and what’s happening to farmland. Brandon tells us that inflation isn’t expected to affect agriculture in the way it has affected the Feds. They discuss the bond market and why future cycles are looking so positive, and what’s involved in purchasing and investing in farms. Both...

Jeremy, Jeremy and Nir discuss their market theories for the upcoming week and where the market is headed. Nir defends the Fed and gives his opinion on their choices. He tells us about AI’s potential and current impacts on the economy. Nir gives us his hypothesis on how AI will affect the market in the upcoming year after last year's market readjustment. He discusses the purchase of tips in an inf...

Show from 6/2/23 Jeremy, Chris, and Eric dive into the current real estate market. Eric discusses how his firm is moving into the single family home rental market. He talks about the stall in the office rental market as people continue to work from home. They get into detail on retail real estate, the death of regional malls, and the rise of open-air stores. Chris asks about private real estate an...

Show from 5/26/23 Hosts Jeremy Schwartz and Jeremy Siegel are joined by Samuel Rines as they discuss today's market and economy. Sam dives into why the Feds are in a grackle state between hawkish and dovish maneuvers, explaining how price over volume is sticking around due to inflation and the reluctance for consumers' to push back. They go into depth on whether the summer will flow into a recessi...

Show from 5/19/23 Join your hosts and Guy LeBas as they delve into the markets this week. Prof. Siegel purports there will be a debt deal, prompting short-covering in the market. Jobless claims showed a suspicious jump attributed to fraud in one state. The upcoming labor market report will be crucial for the Fed's decision in June, with dissent among members possible, depending on its findings. Je...

Show from 5/12/23 Join Jeremy Schwartz, Prof. Siegel, and Chris Gannatti as they talk about Mark Mills’s path through academia and his career in tech and energy. Mark discusses how macro-level energy logistics can have global influence on productivity and economies. The show goes in depth on the role of new technology in improving the energy sector, and how energy can also be optimized for powerin...

Show from 5/5/23 Join Jeremy Schwartz and Prof. Siegel as they discuss the current state of the labor market; the concerning trend of rising unemployment claims and a cooling labor landscape. Bilal Hafeez shares his contrasting thoughts on the actions the Fed should take. The discussion also touches on the superior positioning of European banks compared to US banks. Bilal talks about booming inves...

Join Jeremy Schwartz and Prof. Siegel as they dive deep into fixed income and recent economic reports. Some other key topics include the S&P 500 index, stabilization in the housing market, and the potential for a cumulative effect of policy to stimulate the market. Banks are still strained but we’re not feeling the macroeconomic domino effect (yet). Returning guest Dave Goodson gives his views on...

Show from 4/21/23 Jeremy Schwartz and Prof. Siegel speak on the ever-changing stats coming out of the Fed. Much is evolving as the data begin to reflect the macro highlights of Q1 2023. Tesla’s price war and P&G’s earnings are in the headlines. Expert economist Vincent Reinhart comes on the show to discuss the latest on housing and labor markets, global strain on banks, and every other big swing i...

Show from 4/14/23 Chris Gannatti joins Jeremy Schwartz and Prof. Siegel this week as they speak to esteemed guest Nathaniel “Nat” Bullard. Despite the ever-present strain of inflation, it’s apparent the economy is not falling apart just yet. Nat shares his vast knowledge of ESG and carbon reduction as it affects macroeconomic pressures. You don’t want to miss out on his take on today’s gas prices....

Show from 4/7/23 Jeremy Schwartz and Prof. Siegel review some weak and unfortunate macro-level data from the markets this past week. Even the labor force is softening again, despite the promise that Q1 2023 brought. Plus, the fallout from bank runs hasn’t been fully realized in the data yet. Jonathan Ward joins the conversation to break down the current state of US-China relations. He shares his u...

Show from 3/31/23 Jeremy Schwartz and Prof. Siegel kick off the episode with a positive outlook on US macro trends. Inflationary pressures are leveling off comfortably, at least for the past week. The SVB fallout appears to be relatively isolated, and widespread bank runs no longer seem imminent. David Zervos weighs in on the same topics, adding his renowned macro market expertise. Market directio...

Show from 3/24/23 Prof. Siegel takes a break from his vacation to call in and discuss this week’s big market news. The spotlight is on some disturbing projections from the Fed surrounding jobs and wages, and future rate cuts. Strain on institutions around the world brings into question the potential for recession. Wim Schoutens joins from Belgium to share his perspective based on his foremost expe...

Show from 3/17/23 Jeremy Schwartz and Prof. Jeremy Siegel tackle the banking crisis, continuing inflation, and market sentiment as volatility dominates the narrative. Bitcoin and crypto are seeing more action now that trust in TradFi systems is decreasing. Trevor Greetham comes on from London UK to share his views on the underinsured, illiquid assets in the US spilling out into the rest of the wor...

Show from 3/10/23 Chris Gannatti fills in for Jeremy Schwartz this week and joins Prof. Jeremy Siegel to talk big swings in macroeconomic trends. Crypto exchanges and regional banks are still facing struggles. Inflation rages on and turmoil continues in the labor economy. Guest Blake Heimann shares his thoughts on AI, including ChatGPT’s recent leaps, and touches on the broad economic and societal...

Show from 3/3/23 Jeremy Schwartz and Prof. Jeremy Siegel are optimistic in light of the restabilization of markets and GDP. As the Fed continues to tighten, everything is looking more steady in the US economy. Warren Mosler joins the show today, and shares his unique economic theories and intriguing ideas about financial structures. He argues controversially that higher interest rates have stimula...

Show from 2/24/23 Jeremy Schwartz and Prof. Jeremy Siegel discuss the year-over-year indices and expectations that are affecting pessimism in market perceptions across the board. Mortgage rates and housing prices continue to fluctuate and cause grief for homeowners. Fallout from the COVID pandemic rages on with real inflationary and political consequences. Greg Valliere joins the show to expand on...

Show from 2/17/23 Jeremy Schwartz and Prof. Jeremy Siegel dive deep into the effects of a resurging market on wages and costs for Americans. As inflation and labor strain continue, CPI becomes an important consideration for the Fed and for the population at large. Todd Thompson gives his views on the current state of bonds, stocks, mortgage spreads, and long-term financial commitments. He also det...