The Investopedia Express with Caleb Silver

Wall Street and Washington are moving quickly to tokenize everything inside and outside of our portfolios and move them on to the blockchain. Ric Edelman drops in to explain what that really means to the future of investing and wealth management, and why it is both revolutionary and unavoidable. Plus, investors are tiptoeing our way through a house of horrors in the economy and remaining cautiously invested - at least for now. We reveal the latest results of the Investopedia Sentiment Survey, and face our fears. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The autumn wind is blowing in and it's taking interest rates higher as the Federal Reserve boosted the overnight lending rate by a quarter point last week, as expected. Investors may be getting used to higher for longer interest rates and inflation as the stock market has been running in place for more than one month. It’s the bond market that everyone is focused on, and it’s the focus of Robin Wigglesworth’s new book, “A Fabulous Debt”. He joins The Express with the history of bonds and why they are so pivotal in the geopolitical tensions that define 2026. Plus, Warren Buffett steps down as Berkshire’s Chairman, but his legend continues. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Our central bank finds itself in a tough spot as inflation ticks higher and the Treasury Secretary tries unsuccessfully to suppress bond yields leading many to wonder if Fed policy matters much these days. With the FOMC decision on interest rates set for this week, Liz Thomas of SoFi drops in with her perspective, and the most important indicators to watch through the balance of this year. Plus, stocks have almost never been this expensive, historically speaking, but they are looking like a bargain into the future. Does the forward P/E ratio outweigh CAPE ratio? That’s the bet we are making as investors. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Subscribe to Value Add by Investopedia on Substack: https://investopedia.substack.com/ Private capital has been transformed into a $40 trillion asset class by financial innovators from Michael Milken to Leon Black, and now underpins a wide swath of global industries. William D. Cohan, author of the newly released book, “Money to Burn: The Unvarnished Truth About Leon Black, Apollo, and the Rise of a New Wall Street”, describes how we got here, and what dangerous roads private markets and creative financing might lead us down given the immense leverage these firms use to securitize nearly every asset class. Plus, margin debt is spiking just in time for a seasonal stock market swoon. Look out below. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Rising oil prices, inflation everywhere and creeping Treasury yields are not enough to stop this bull from charging higher around the world. Global stock indices are at all time highs as investors hold on to hopes that rising earnings will keep on rising. Jay Woods of Freedom Capital Markets tells us what could go wrong, or keep going right in the last few months of the year. Plus, the Pentagon is becoming an oil investor, trading the khakis for the pinstripes in Venezuela. Why that won’t help prices at the pump, but will reshape foreign policy forever. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The national debt topped $40 trillion and with more spending on the way, the U.S. is forced to eat a lot of its own cooking by buying back Treasuries. At what point does the math stop ‘mathing’ in this yield curve control experiment? Jon Erlichman drops in with some good, bad and unbelievable market statistics and astounding compounding revelations that will keep us investing forever. Plus - all eyes on Nvidia this week as the chip giant reports results and tries to assuage investors that all this spending isn’t just circular - it’s sustainable. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The classic economic indicators tell us that the economy is hanging in there despite tariffs and sticky inflation. The “Real Feel” of the economy paints a different picture as more Americans are being left behind and finding their version of the so-called ‘American Dream’ out of reach. NBC News Chief Business Correspondent, Christine Romans, joins the show with her diagnosis, and parenting advice for the future generation of investors. Plus, the relentless bull keeps running on strong earnings and promises of future spending. But, crafty financing and new lending products may be spiking the punch. What could go wrong? Learn more about your ad choices. Visit podcastchoices.com/adchoices

A new era of financial education is being driven by dynamic fin-fluencers who are spreading the power of investing, compounding, and building real generational wealth for their generation and their communities. Ross Mac and Marc Russell join The Express from inside Invest Fest, the largest wealth festival in the world, to share their recipe for long-term wealth building success. Plus, markets pierce record highs yet again, but the same old vulnerabilities are bubbling, and they are getting bigger. Which ones might pop first? Learn more about your ad choices. Visit podcastchoices.com/adchoices

Is the economy headed towards a recessionary cliff as inflation and dwindling economic confidence pull against productivity gains and capex spending? Mark Zandi, Chief Economist of Moody’s Analytics shows us the possible pathways for the economy and households, and what to brace for. Plus, the Fed did nothing and said even less, driving long bond yields to multi-year highs and causing investors to wonder if the Fed Chair Warsh’s task forces are really here to help. Learn more about your ad choices. Visit podcastchoices.com/adchoices

With the echoes of the Dot-com bubble bursting and the ashes of the Great Financial Crisis still simmering in their psyches, many Gen-Z investors have taken a cautious and unique approach to investing for the long term. Mary Esposito, the personality behind “Money with Mary”, shares her investing strategy and how she has navigated becoming an Instagram star and small business operator in her early 20’s. Plus, a new round of tariffs and a spike in energy prices is putting the Fed and new Chair Kevin Warsh on inflationary defense as the bond vigilantes circle. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The summer winds have blown a bear market into semiconductor stocks as pricing has come under pressure. What do investors need to hear from chipmakers and AI superscalers this week to regain their confidence? The latest results of the Investopedia Sentiment Survey are in, and we are still trying to hang on to the bull. Plus, our credit card and travel rewards and loyalty points aren’t getting as far as they used to. Peter Greenberg, the Travel Wizard, says, ‘get used to it’, and offers insider tips for the smart traveler. Learn more about your ad choices. Visit podcastchoices.com/adchoices

With the U.S. government making direct investments into public companies and the introduction of Trump accounts that will bring millions of new investors into the stock market, what happens when the next bear market arrives? Eric Balchunas of Bloomberg Intelligence wonders if the next government bailout will be in the stock market, which may be becoming too big to fail. Plus, the Space X IPO and the pending listings of Open AI and Anthropic are ushering in a new wave of highly leveraged and volatile ETFs. Handle with care. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Motley Fool has educated and helped enrich millions of individual investors since it was founded thirty-three years ago, and it is still breaking rules today. Co-founder and Chief Rule Breaker, David Gardner joins the show with some of his favorite investing lessons and why he thinks we are still in the golden age of investing. Plus, Space X jumps the line and joins the Nasdaq 100 and several other indexes less than one month from its IPO. Like it or not, your portfolio just went galactic. Learn more about your ad choices. Visit podcastchoices.com/adchoices

What can the recipe for the world’s best guacamole teach us about building a resilient portfolio? We find out as Jess Inskip joins The Express for a Guacamole, Money and Markets masterclass. Jess shares her ingredients for building a portfolio for today’s stock market, and educational tips for investors of all ages. Plus, we look at the stock market's mid-year report card and find areas of strength and a lot of room for improvement. Learn more about your ad choices. Visit podcastchoices.com/adchoices

As we near the mid-point of a tumultuous year, we give this market a health check with Jay Woods of Freedom Capital Markets. Plus, there’s a new Fed Chair in town, and Kevin Warsh is focused squarely on inflation and recreating the central bank through a series of task forces. And, investors keep riding just a few stocks to higher highs, and some are taking on a lot of margin debt to amplify their gains. What could go wrong? Learn more about your ad choices. Visit podcastchoices.com/adchoices

SpaceX completed the largest IPO in history, valuing Elon Musk’s space exploration company at more than $2 Trillion, and making him the world’s first trillionaire. It also paves the way for Anthropic and Open AI, the next trillion dollar companies to test the public markets, ushering in a new wave of massive public companies built on the dream of productivity through artificial intelligence. Gil Luria of D.A. Davidson helps us separate the dreams from the realities of how the AI economy will play out over the next decade, and which companies will survive and thrive. Plus, the World Cup kicked off billions of dollars of spending and marketing throughout North America. The Express goes inside the lines of the biggest revenue generating sporting event in history. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The raging bull market was stopped in its tracks by a new wave of bearish sentiment against semiconductor and AI stocks and doubts about future demand. Is this the beginning of the end of the relentless rally, or a normal pullback in a secular bull market. Legendary business news journalist and market guru Ron Insana drops in with his perspective and lessons from history. Plus, day traders have found a new hype toy, and trillions of new stock is about to flood the market. Can investors and the stock market handle it? Learn more about your ad choices. Visit podcastchoices.com/adchoices

he stock market keeps making record highs on the wings of high-flying semiconductor stocks and hopes of a cease fire in the Middle East. Meanwhile, the smartest trade in the market is to own the stocks most favored by The White House as this administration reaches back to the Reagan-era for inspiration about transforming the U.S. economy. The Express goes inside the Reagan Economic Forum to hear from leaders including JPMorgan CEO Jamie Dimon and U.S. Treasury Secretary Scott Bessent on what economic power means in 2026. Plus, Mike Rowe, America’s favorite dirty job explorer, drops in with his perspective on the future of the American workforce. Learn more about your ad choices. Visit podcastchoices.com/adchoices

This headline driven stock market has tested investors’ ability to keep their animal spirits from taking over. But, history has proven repeatedly that time in the market and compounding are undefeated. Ben Carlson, author of “Risk & Reward”, and the co-host of the Animal Spirits podcast, drops in with the latest examples of common sense investing and time-tested strategies that work in any market. Plus, Space X has made its IPO plans public, and its $24 trillion ambitions go way beyond space. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The rules of getting rich and staying rich keep changing, but Haley Sacks, aka “Mrs. Dow Jones”, created her own rules and shares it through her new book, “Future Rich Person”. Plus, the surging stock market finally hit a wall after weeks of tech-inspired gains as Treasury yields are springing higher. Are higher for longer inflation and interest rates real threats to this aging bull market, or will Nvidia’s earnings report this week spur a pre-summer rally? Learn more about your ad choices. Visit podcastchoices.com/adchoices

The relentless bull market has several of the biggest private companies in the world set to go public in what will be the largest IPOs in history. Sonali Basak, Chief Investment Strategist for iCapital sets the stage for this new generation of trillion dollar companies, and makes the case for more investment in private markets today. Plus, money market funds just had their biggest inflows in six years just as the stock market made new record highs. Is that a warning sign, or just more dry powder ready to join the risk-on rally? Learn more about your ad choices. Visit podcastchoices.com/adchoices

What’s next for Bitcoin and other cryptocurrencies after prices have crashed and new laws intended to open the market to more retail investors remain in legislative gridlock. The Express goes inside Bitcoin 2026 in Las Vegas for a vibe check and to see how financial institutions, credit card companies and mortgage lenders are trying to bring the blockchain and tokenization to every asset class. Ali Tager of the National Cryptocurrency Association drops in with the roadmap. Plus, the stock market keeps hitting new highs as investors keep betting on bigger profits from semiconductor and AI equipment makers. So far, that’s been the right bet. Learn more about your ad choices. Visit podcastchoices.com/adchoices

With Tim Cook stepping down from Apple this Fall, the future of one of the world’s most valuable companies and brands falls to John Ternus who must prove that the company’s AI future is bright and profitable. Gene Munster of Deepwater Asset Mgmt. drops in with a blueprint for Apple and puts the AI build-out for Big Tech in perspective. Plus, it’s put up or shut up time for mega-cap tech earnings, and investors couldn’t be more bullish. And, why tomato prices are smashing records, and what else is absurdly expensive right now. Learn more about your ad choices. Visit podcastchoices.com/adchoices

A tenuous ceasefire in the Middle East and a potential opening of the Strait of Hormuz pushed U.S. equity markets to all-time highs last week. But the damage from higher oil prices might’ve already been done, calling into question the strength of the global economy and the hopes that companies can keep churning out higher profits. Stephanie Guild, Robinhood Markets Chief Investment Officer drops in with perspective for retail investors, and what sectors we should keep our eyes on outside of the Magnificent 7. Plus, the centuries old heavy metals ratio is sending warning signals. Should we tune it in? Learn more about your ad choices. Visit podcastchoices.com/adchoices

As ceasefire talks break down with Iran and oil prices spike again, investors face more uncertainty in an uncertain market. While this may feel temporary, investors may need to get used to a broader rewiring of the capital markets, according to Matt Bartolini of State Street Investment Management. Yesterday’s winners have no lock on the future, even though individual investors can’t seem to let them go, according to Investopedia’s most recent sentiment survey of our readers. Plus, earnings season is here and the expectations are sky high. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Sustained high oil prices due to the uncertainties around the ongoing war in Iran are seeping their way into thousands of products and boosting inflation in painful places. John Kilduff, energy analyst and co-founder of Again Capital, shows us the good, the bad, and the ugly prospects for the future of oil prices and oil derivatives. As oil prices climb higher, there has been almost nowhere to hide inside the volatile stock market. Maybe that’s why investors are lining up to blast off on SpaceX’s future IPO which could value the company at an astronomical $2 Trillion. We break down the long journey ahead for that offering, and set you up for a critical week ahead. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Investors are feeling the fear as the Dow follows the Nasdaq into a correction and the most popular stocks are reeling from double-digit selloffs. With no clear end in sight to rising oil prices and the war in Iran, the sirens of stagflation are awakening our animal spirits. Douglas Boneparth drops in with some financial therapy for long-term investors, and helps us refocus on the plan. Plus, as stocks skid we drop some bars to break it down, and what an Italian mathematician from the Dark Ages can teach us about when this selloff might finally end. Learn more about your ad choices. Visit podcastchoices.com/adchoices

With no clear resolution to the war in Iran in sight, rising oil prices have already had a cascading effect on economic growth which is barreling into the stock market. We break down the spike in prices across sectors, and the dislocation inside the capital markets with Liz Ann Sonders, Chief Market Strategist for Charles Schwab. Plus, investors have turned decidedly bearish at last, just in time for the business news magazines to flash their latest covers of despair. That’s usually a bullish indicator, but we are living in very unusual times. Learn more about your ad choices. Visit podcastchoices.com/adchoices

What really drove Bitcoin prices down 50% in yet another one of its spectacular crashes? Ric Edelman explains what caused the original cryptocurrency’s latest plunge, and what might breathe new life into it. Plus, stock markets around the world are sinking in a sea of uncertainty as we enter the third week of the Mideast War as oil prices hover around $100 per barrel and economic growth is squeezed in every region of the globe. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The $2 Trillion wealth management industry is facing an existential pivot point as Artificial Intelligence has made financial planning much more efficient, and much less reliant on human touch. Jason Wenk, founder and CEO of Altruist drops in with his perspective on this dynamic shift and how the industry will evolve from here. Plus, global markets are spiraling as crude oil prices topped $120 barrel amid the ongoing and uncertain war in Iran. Uncertainty is everywhere, but The Express is live and direct from the Future Proof Wealth Festival in Miami Beach. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The attack on Iran led by the U.S. and Israel has global markets reeling as investors brace for more uncertainty in the oil-heavy region. Jay Woods of Freedom Capital Markets drops in to show us how traders and investors should evaluate the fallout, and what this means for major asset classes. Learn more about your ad choices. Visit podcastchoices.com/adchoices

With the Supreme Court striking down the Trump Administration’s reciprocal tariffs, and the announcement of new 15% tariffs by The White House, the economic forecast has become another blizzard of uncertainty. Kyla Scanlon, author of “In This Economy?”, helps us decode the sour vibes in this current economy, and the challenges facing investors. Plus, Berkshire Hathaway shareholders are bracing for an earnings report and shareholder letter that won’t be delivered by Warren Buffett for the first time in sixty years. No pressure. Learn more about your ad choices. Visit podcastchoices.com/adchoices

With the stock market coming off its worst week all year and the biggest stocks rolling over, investors continue to believe better times are ahead. Guy Adami, co-founder of Risk Reversal and co-star of CNBC’s Fast Money, drops in to give us a reality check on the health of the market, and how to pick the right stocks during this violent rotation. Plus, the lack of affordability has pushed more younger investors into the market than any time in history. Hopefully, they’ll stick around for the long term. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The icy winds of volatility could not break through investors’ willingness to buy the dip, sending the Dow Jones Industrials beyond 50,000 for the first time, but trends have been broken inside the market and what used to work just doesn’t anymore. Paul Hickey of Bespoke Investment Group takes us inside the sectors to survey the damage and discover opportunities. Plus, we reveal the latest results of our sentiment survey, and nothing seems to scare us… at least not yet. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The shine came off of precious metals just as investors piled into the debasement trade on the heels of the Dollar’s decline leaving a raft of questions about which assets to hold in times of uncertainty. We sift through the smelting pot, and Gargi Chaudhuri of Blackrock breaks it down and helps us refocus on the themes that will actually matter to investors this year. Plus, insiders are selling at multi-year highs, even though the stock market is showing signs of a healthy rotation. What do they know that we don’t, and will the January effect be worthy of its legacy in 2026? Learn more about your ad choices. Visit podcastchoices.com/adchoices

There’s a through line that runs through the White House’s ambitions in Venezuela and Greenland, and it has all been laid out in its National Security policy that calls for a stronger military, access to natural resources throughout the planet, and dominance in technology and finance. Terry Haines of Pangaea Policy breaks it down and shows us where the money is moving across the capital markets to take advantage of the new normal for national security and economic policy. Plus, institutional and individual investors are ‘all in’, with their bets on the stock market. Is our enthusiasm irrational? Learn more about your ad choices. Visit podcastchoices.com/adchoices

Greenland becomes the new chip in the tariff war and the European Union threatens to pull out an economic bazooka to deter the White House. Investors have generally looked past the geopolitical turbulence so far, but icy trade relations could finally cool down the momentum in the stock market. Plus, is AI really going to eat our jobs in the future? ADP’s Chief Economist, Nela Richardson forecasts the future of employment, and gives this current labor market a health check. Learn more about your ad choices. Visit podcastchoices.com/adchoices

2025 was looking like yet another banner year for Bitcoin for Bitcoin prices until a wave of selling in the Fall sent the cryptocurrency into a bear market. Matt Hougan of Bitwise explains what happened and why he thinks 2026 will be another year for the record books and more ETF issuance. Plus, the Federal Reserve is slapped with a criminal investigation by the Dept. of Justice over its renovation project, and Chair Powell claps back. At stake, the independence of the Fed, and the sanctity of the capital markets. Learn more about your ad choices. Visit podcastchoices.com/adchoices

2026 came in like a lion with the U.S. invasion of Venezuela and a bull market charging into its fourth year testing investors’ confidence. Liz Thomas of SoFi comes back aboard the Express to share her outlook for the new year and specific risk factors that could challenge our faith in the momentum underlying recent trends. Plus, it's a new era for Berkshire Hathaway shareholders without Warren Buffett as CEO. We list just some of the accomplishments that made Buffett the greatest investor of all time, and examine what he leaves behind. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Jim Cramer, the legendary investor, educator, best-selling author, host of CNBC’s Mad Money and Squawk on the Street, joins the Express with lessons for investing in any market, and his unique valuation tools for finding the next great stocks. Plus, we reveal Investopedia’s Terms of the Year, which include everything from insider trading to Bad Bunny’s growing fortune. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Acorns, the 14-year old investing app that became popular by letting its customers invest their spare change into the stock market, has grown into a multi-tool financial planning app for families, and has big plans for expanding its offerings. CEO Noah Kerner explains why the company's simple mission of getting kids and families to invest small amounts through education has endured since its inception, and how that foundation will power its next stage of growth, which could involve an initial public offering.LINKS:https://www.acorns.com/https://www.acorns.com/about/https://www.acorns.com/learn/acorns/money-matters-report-2025/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

As the year winds down, we wrap up our final investor sentiment survey which shows that we are as optimistic as we’ve been in months even though we are worried about inflation and a stock market bubble. We take a deep dive into retail investors’ portfolios, and then look ahead into 2026 with Michael Arone of State Street Investment Management. Plus, why Charles Dow would be particularly happy about this current rally, and what one of his 110-year old theories teaches us about the health of this bull market. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Over half of married couples divorce, and money is usually the root cause or a symptom of their problems. But what a lot of couples don’t realize until it’s too late is that marriage is a financial partnership, among other things, and partnerships require trust, transparency and fairness. But what if you and your partner could find that higher ground? What if you could find a way to work together as a dynamic and unstoppable financial team to dream big, and make those dreams come true? It’s much easier, and a lot more fun that way. No one knows that better than Heather and Douglas Boneparth. They’ve literally written the book on it, " Money Together: How to find fairness in your relationship and become an unstoppable financial team". Learn more about your ad choices. Visit podcastchoices.com/adchoices

2025 has been a very noisy and volatile year as a new administration shook up economic policy, the AI-spend stretched valuations and consumer confidence fell off a cliff. As we head into the home stretch of the year, Sam Stovall, Chief Investment Strategist at CFRA helps us separate the signals from the noise inside the markets, and what to expect in 2026 - especially with a midterm election heading our way. Plus, what to expect from the Federal Reserve’s last meeting of the year on interest rates, and why investors should be careful about what they wish for. Learn more about your ad choices. Visit podcastchoices.com/adchoices

It may be a headline driven market but the charts and patterns inside the capital markets always tell the truth. We go inside the most important charts, patterns and formation in technical analysis with Patrick Dunuwila of The Chart Report. Plus, the melt up in the stock market has also been accompanied by a big surge in implied volatility. What that tells us about the fragility of the stock market right now. Learn more about your ad choices. Visit podcastchoices.com/adchoices