Markets Happy Hour Podcast with Aoifinn Devitt

In today's markets happy hour podcast we ask whether the swing from American Exceptionalism to Sell USA is another swing of the pendulum which has gone too far too fast. The podcast was recorded with a mixed audience of European investors and US investors in Europe at a conference, so we had a unique opportunity to discuss macro conditions on the ground in Europe and the reason for the relatively...

It has been a slightly less eventful week this week than last week, but it has still been characterized by a flooding of the zone from court disputes, immigration disputes, defunding of Ivy League institutions, unresolved trade negotiations, to interest rate cuts and pauses. The atmosphere has been charged as the rhetoric has increased, particularly between the president and the Chairman of the Fe...

In this LIVE Markets Happy Hour Podcast, which we hosted at Towson University in Baltimore, we hosted a group of industry professionals and finance students from Towson University and Loyola University. It has been a tumultuous week, and we reflected on the fact that this was the third podcast of the week, each one responding to a new twist in news flow. As of the markets close on Thursday April 1...

We are back with another Markets Happy Hour Podcast today to discuss the recent movements in the prevailing trade war as both sides up the ante. And now the US Treasury as well as other long term government bonds around the world have entered the chat . . they are selling off, undermining the previous good news that lower rates suggested and leading to conspiracy theories as to why. We examine the...

Tune in for today's Markets Happy Hour Podcast in which we discuss the dramatic developments since the tariff announcement on April 2, as we parse market reaction - separate the pre-existing conditions from the new ailment facing markets, and the medicine which the markets just received. We argue that the medicine is more akin to an amputation - a limb - or that of international trade as we knew i...

What a day we chose to hold our once rescheduled Markets Happy Hour Podcast in Dallas. We were hosted in the glorious surroundings of Old Parkland in the Executive Board Room and enjoyed a dialogue with a broad audience of family office investors, real estate, oil and gas and private credit experts. We naturally talked about tariffs - a lot, and showed slides that show that the recent tariffs will...

In this week's Markets Happy Hour Podcast - which comes to you from over the Canadian Border and Banff, Alberta - we discuss the brewing uncertainty as the market quarter nears. In what has been the worst quarter for the S&P since 2023 we have wrestled with an unprecedented volume of news flow, noise - some of which even contains some "Signal". We look at the inflation numbers within the US wh...

In this very special Live Markets Happy Hour Podcast we gathered in Charlotte, North Carolina, at the Sunflower Baking Company, Koda location to discuss whether markets were detoxing on the way down from their sugar high, and how not everyone was feeling the pain globally. With the benefit of an audience that spanned business owners, healthcare professionals, asset owners and asset managers, we di...

In today's podcast - much abbreviated due to travel logistics - we get to the heart of the recent market downturn, the uncertainty coursing through markets and why it is damaging, as well as the surge in interest in European stocks - value stocks in particular. Gold is riding high amid this uncertainty, while domestic political (government shutdown) drama continues to add to the flurry of noise. W...

In this second live series in as many weeks, we reflect on the recent volatility around tariff news, and with the benefit of two audience members focused on, respectively, emerging markets public equities and private equity and venture capital, we discuss how this uncertainty is being felt and acted upon. Europe seems to be experiencing a renaissance of sorts this week - with an indication of the...

In this week's live Markets Happy Hour Podcast, we traveled to Tampa, Florida, and were privileged to share insights from post-hurricane recovery and consumer sentiment on the ground, as well as observations from professionals who focus on private debt and venture debt. We started with a discussion of recent market developments - what some have termed Trump 2.1. The fall in the 10 year yield, the...

In this week's Markets Happy Hour Podcast we come to you from Europe, and do a deep dive into that region - its stock market and its prospects. In Europe, as is the case elsewhere, there is a bit of reeling from the clear conclusions both from the Munich security conference and its aftermath - that the transatlantic alliances as we had known them for the last few decades no longer exist. This new...

This week's podcast comes to you one day late - on Valentine's Day - due to travel, but is this love we feel in the Air? Hardly . . there is rather a sense of inundation with government policies, geopolitical surprises and unconventional developments that has led the sense of a new "abnormal". An unwelcome US inflation print - 3% annualized - in January initially sent markets into a negative tails...

In this week's Markets Happy Hour Podcast we digest the challenging month of January and reflect on where we stand now that markets have contended with President Trump's grand entrance. And President Trump knows how to make an entrance. The torrent of executive actions in the first few week's of the administration (54 to date) have created a deluge for markets who are still grappling with the elec...

In this special live podcast we come to you from St. Louis where we run through a tumultuous week in what has turned out to be a tumultuous month and feature our first guest on the Markets Happy Hour Podcast. Today we chat with Brittany Lewis, who joined the Olin Business School at Washington University as an Assistant Professor of Finance in July 2022. Her areas of expertise are Banking and Finan...

In this shorter holiday week in the US, a flurry of executive orders have "flooded the zone" but markets are struggling for direction, perhaps feeling a sense of confusion and overload. We discuss the impact of this lack of certainty on different assets, the dollar and the likely response of the US Federal reserve. We turn then to something a little different - inspired by the impressive planning...

With 4 days to go until inauguration markets have been vacillating between enthusiasm and trepidation about the expectations for the incoming Trump administration 2.0. We know that policy change on the horizon will be abundant, and much of that is already being factored in, with companies such as Meta, McDonalds and Walmart preemptively abandoning DEI programs such as diverse slate hiring and even...

In this week's Markets Happy Hour podcast we were sadly not live from Dallas, where we had hoped to be hosting a group of you at the gorgeous Old Parkland campus. Unfortunately a forecast winter storm got in the way of our plans, and we will be rescheduling that for a later date - hopefully well out of the winter storm woods - in April. On a day that markets are closed for President Carter's funer...

In today's slightly shorter New Year edition we reflect on a chilly start to the year - both literally and metaphorically. The New Year's Eve terrorist attack in New Orleans in the US was a chilling reminder of the near-shoring of overseas terror, while the death of President Jimmy Carter at 100 crowded out some of the chatter around the incoming President Trump. Otherwise all forecasts are center...

As we race to year end it is the time for Market Outlooks, although this year it seems that the funny holiday videos have outpaced Market Outlooks in fanfare and promotion. In this podcast we summarize some of recent market outlooks and question their utility. There is another kind of outlook that seems quite a bit more useful however - this Tech in 2025 Outlook from the Wall Street Journal. We go...

In this special live podcast we host an audience in Chicago - we cycle through our usual indicators that are relevant to putting an investment portfolio into context. These indicators are inflation, interest rates, equity markets, other assets and geopolitics. Our podcast came right after the Fed's third rate cut, and we debated whether inflation was ultimately in retreat, as well as the fundament...

The Markets Happy Hour Podcast has its roots in the virtual "water cooler" discussion about markets and implications held weekly at Moneta every Friday at 11 am. While we moved this to a "Tea with the CIO" and now a "Markets Happy Hour" we have rarely made it a live discussion with a live audience - until now! Welcome to our first such discussion, live from a bustling Dublin City Centre and the Da...

 On slide 8 and around the 11 minute mark I say Intel instead of Nvidia -It was Nvidia which reached $3.4 trillion in market cap rising by 816% since February 14, 2021, while Intel lost 59% of its market cap over the same period* 5 days in to our Advent Calendar and already December has provided lots of tricks and treats.  We have seen more market highs in the US, and illustrate why America First...

This Thanksgiving 2024 it seems appropriate to reflect on where we were this time last year and what we have to be thankful for: Inflation - being in check and certainly in reverse since one year ago Economic Growth - steady as she goes, although struggling in Europe Mortgage Rates - slowly tracking downwards although far from last year's 22 year high (USA) The US election campaign is over - regar...