The Exchange

Latest Episodes:

Hike, Pause or Pivot? Time to Strip the Fed? And Russia’s New Lifeline? 3/21/23 Mar 21, 2023

Show notes

The highly-anticipated Fed meeting kicks off today and we’ll get you ready for all three possible rate scenarios--a hike, a pause or a pivot—and tell you how to position now.

And the Fed was left in charge of bank oversight after the Great Financial Crisis, but is the US banking system in better shape or is it just as dicey? Wharton Professor Peter Conti-Brown weighs in…and reveals why he’s getting closer and closer to suggesting the Fed should be stripped of that power.

Plus, China and Russia releasing a joint statement saying they will “deepen cooperation and trust” between their armed forces, but that they’re NOT forming a military-political alliance. The Atlantic Councils’ Fred Kempe begs to differ.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

From the Desk of Kelly Evans: Deflation--Not Hyperinflation--Is The Real Risk Here 3/20/23 Mar 20, 2023

Show notes

Kelly explains what the biggest risk to the Fed’s balancing act really is. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Fed’s Dilemma, Bitcoin’s Big Moment, and Red Flags Ignored? 3/20/23 Mar 20, 2023

Show notes

The latest FOMC meeting is set to kick off tomorrow. Will they hike, or will they pause? Are there even any good options here, as questions on the health of global banking remain?

We’ll speak with one economist who says the Fed should “pause” here, and another one who expects a “dovish hike.” They’ll each make their case.

Plus, Bitcoin continues to rally, back above $28,000 and surging to a 9-month high. We’ll speak with a leading crypto banker about whether or not this rebound is sustainable.

And, according to the Wall Street Journal, regulators had concerns about Silicon Valley Bank as far back as 2015. Greg Zuckerman co-wrote the story, and will join us with the details.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Why Pivot Talk is “Rubbish,” Muni Bond Red Flags, and the Bearish Options Signals 3/17/23 Mar 17, 2023

Show notes

Jefferies’ David Zervos says despite the financial instability, the Fed will continue to tighten. He tells us why the talk of a pivot is “rubbish.” First Republic holds more than $19b worth of muni bonds…is the safety trade about to be shaken up amid the bank stress? Plus, more than 100m options contracts expire today, and while bearish signals are cropping up, there are still pockets of bullishness. Susquehanna’s Chris Murphy tells us where traders are seeing buying opportunities.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Fed’s Next Move, The Banks & Housing, And a Capital Infusion for First Republic? 3/16/23 Mar 16, 2023

Show notes

The European Central Bank going full steam ahead despite global banking turmoil….so did the ECB just set the tone for the Fed next week? We look at what to expect and how it may impact the economy and the markets.

Plus, contagion from the banks *TO* the housing market would turn the last crisis on its head, but that’s exactly what could happen here. We’ll explain why a failure at First Republic could be felt throughout the housing industry.

And speaking of First Republic…David Faber reporting that a group of financial institutions is in talks to give the battered regional bank a major capital infusion. We have the breakdown of who is involved and how much money is being talked about.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The SVB Fallout Continues 3/15/23 Mar 15, 2023

Show notes

Another day of banking concerns is dragging down markets. Credit Suisse appears to be the latest bank on the brink, as the Saudi National Bank says it won’t provide it any more capital.

Investors here at home are hoping U.S. financials aren’t exposed to any counterparty risks here. We’ll tell you all you need to know, including how to protect your portfolio here.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Problem with Pausing, Charles Schwab CEO, and Bet on Housing? 3/14/23 Mar 14, 2023

Show notes

Wall Street is reeling from the bank collapses we’ve seen over the past week, with many now calling for the Fed to pause rate hikes as a result.

But former NEC Director Lawrence Lindsey warns that is the wrong response to what happened here. He’ll join us to make his case.

Plus, the CEO of Charles Schwab will join us exclusively to defend his banking strategy, and explain why Schwab won’t suffer a similar fate to Silicon Valley Bank.

And, plunging yields likely mean lower mortgage rates to come. Analyst Stephen Kim will join us with the housing stocks that could be a “buy” if rates stay lower.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The SVB Fallout 03/13/23 Mar 13, 2023

Show notes

Both SVB & Signature Bank are now out of business, while First Republic has secured funding from J.P. Morgan & The Fed. A major issue has been the safety of accounts over the $250,000 FDIC cap. But President Biden had some encouraging words this morning, after the government announced a new facility that will offer 1-year loans to banks and pay them par for collateral like treasuries & mortgages to stem the tide. But big questions remain. Is there another shoe to drop in the banking sector? Should the government have stepped in? And could the Fed now pause or pivot as a result of this? We’ll debate, and tell you all you need to know.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Fed & The Financials 3/10/23 Mar 10, 2023

Show notes

Regulators just shut down Silicon Valley Bank, also known as ‘SVB Financial,’ in the largest U.S. bank failure since the 2008 financial crisis. Shares were halted all day long as the bank’s capital raise reportedly failed.

And yet because of the strong jobs report this morning, some folks are still saying the Fed should hike by another half point at its next meeting in 10 days. But should they actually be slamming the brakes?

We’ve got full team coverage of all that you need to know, and will explain what’s at stake for markets, the economy and your money.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Fed & the Financials, Biden’s Budget, and Labor Pains 3/9/23 Mar 09, 2023

Show notes

Banks under pressure…two stocks in particular making news today. It’s for different reasons, but both highlighting concerns about the banking system. We have the names, and why our guest says you should buy them regardless.

Plus, President Biden unveils his budget plan. We look at what’s part of it, and how it sets the stage for a debt ceiling showdown.

And, he has unique insight into the labor market. As always, on the eve of the big report, Recruiter.com CEO Evan Sohn joins us with the trends he’s seeing, and what we should expect in the jobs number tomorrow.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Our TOPPODCAST Picks

Follow Us

Stay Connected

Related Podcasts

Links

Stay Connected