logo
episode-header-image
Aug 2023
57m 52s

Cambiar's Barish: Rising cost of capital...

CHUCK JAFFE
About this episode

Brian Barish, president and chief investment officer for Cambiar Investors, says that rising interest rates have increased the cost of capital for businesses, which is shifting which industries and businesses can thrive. The increased cost of capital is changing market conditions to where value and growth investing are now on a more equal footing, and should be more balanced moving forward. Leo Leydon, president of Financial Focus Advisory Services, says the economy has had its recession in the form of two negative GDP quarters last year, and that people expecting a bear market have been wrong; while he expects a pullback in the market, Leydon thinks it will be short enough to be treated like a buying opportunity. Susan Fahy examines the latest 'Credit Gauge' from VantageScore, which shows that delinquencies are up slightly but that American consumers are using credit more cautiously. Plus, forensic accountant Tracy Coenen gets real in discussing pre-nups, post-nups and 're-nups,' and showing how some cases involving 'Real Housewives' cast members highlight the struggles couples have when dividing both assets and debts when the relationship and the money don't turn out as anticipated on the wedding day.

Up next
Today
Key Advisors' Ghabour: Bubbling market could inflate another 30% before bursting
Eddie Ghabour, chief executive officer at Key Advisors Wealth Management, says "the worst is behind us from the economic slowdown," and he expects growth to accelerate at the end of the year and into the first quarter. Combined with rate cuts, it will add fuel to a market that he ... Show More
58m 58s
Yesterday
Valens' Spivey: Earnings momentum is solid, and will keep this market rolling
Rob Spivey, director of research at Valens Securities, says many investors believe the current stock market run to record levels has been about price momentum, but he says that earnings momentum has shown growth that is strong enough that it should calm the nerves of investors wh ... Show More
59m 28s
Oct 8
Trillium's Smith sees a distant 'dark storm cloud, a tornado' that is 'going to hit us'
Cheryl Smith, economist and portfolio manager at Trillium Asset Management, says the equity market is "very excited, very ecstatic and continuing to move up," but she warns that stock valuations are extended and she says the market is setting up a fall. Smith says two phrases -- ... Show More
59m 40s
Recommended Episodes
Apr 2023
Consumer Staples Check-Up, a U.S. Credit Crunch, and Closing Out the Trading Week 04/21/23
Procter & Gamble is kicking off a lineup of earnings for consumer staples stocks as investors look for insight into spending trends. Goldman Sachs' Jason English lays out the sector's trade. Plus, Citigroup says it's premature to rule out the potential for a credit crunch in the ... Show More
45m 16s
Oct 2023
Anastasia Amoroso, Chief Investment Strategist, iCapital
As Chief Investment Strategist at iCapital, a global alternatives platform, Anastasia Amoroso is responsible for helping the firm’s clients understand changes in the macro regime and how capital should be allocated in response. We start our discussion by considering the current s ... Show More
58m 1s
Apr 2023
NewEdge Wealth’s Ben Emons on Global Fixed Income: Macro Matters
Bank debt may be an attractive asset class, NewEdge Wealth’s portfolio manager and head of fixed income Ben Emons tells Bloomberg Intelligence Chief US Interest Rate Strategist and host Ira Jersey on this Macro Matters edition of the FICC Focus podcast. Emons discusses his views ... Show More
25m 11s
Sep 2023
Andrew Sheets: A Murky Forecast for Equities and High-Yield Bonds
Both equities and high-yield bonds could benefit from an end to ratings hikes, but may still face risks from company earnings revisions, a potential U.S. government shutdown and other events on the horizon. ----- Transcript -----Welcome to Thoughts on the Market. I'm Andrew Sheet ... Show More
3 m
Apr 2023
Ellen Zentner: The Lagging Effects of Loan Growth
While banking conditions seem to have stabilized for now, tighter credit conditions could still hit U.S. economic growth. ----- Transcript ----- Welcome to Thoughts on the Market. I'm Ellen Zentner, Morgan Stanley's Chief U.S. Economist. Along with my colleagues bringing you a va ... Show More
3m 12s
Mar 2023
Mike Wilson: Is Banking Stress the Last Straw for the Bear Market?
After the events of the past few weeks, earnings estimates look increasingly unrealistic and the bear market may finally be ready to appropriately factor-in elevated earning risks. ----- Transcript ----- Welcome to Thoughts on the Market. I'm Mike Wilson, Chief Investment Officer ... Show More
3m 58s
Jul 2023
Mike Wilson: Expanding Valuations in Equity Markets
Rapidly declining inflation poses a challenge to revenue growth and earnings. So what should investors look out for to identify the winners from here? ----- Transcript -----Welcome to Thoughts on the Market. I'm Mike Wilson, Chief Investment Officer and Chief U.S. Equity Strategi ... Show More
3m 22s
Oct 2022
Vishy Tirupattur: Can Corporate Credit Provide Shelter?
With investors becoming pervasively bearish on stocks and bonds in the face of a worsening growth outlook, can the U.S. investment grade credit market provide shelter from the storm? ----- Transcript ----- Welcome to Thoughts on the Market. I am Vishy Tirupattur, Morgan Stanley's ... Show More
3m 55s
Feb 2022
Vishy Tirupattur: Corporate Credit Faces New Challenges
Like many markets, Corporate Credit has faced a rocky start to 2022. For investors, understanding the difference between default and duration risk will be key to positioning for the rest of the year. -----Transcript----- Welcome to Thoughts on the Market. I am Vishy Tirupattur, G ... Show More
3m 12s
Apr 2023
Mike Wilson: Not All Bank Reserves Are Created Equal
Recent increases in the Fed’s balance sheet may not have the same impact on money supply, growth and equities as in previous cycles. ----- Transcript -----Welcome to Thoughts on the Market. I'm Mike Wilson, Chief Investment Officer and Chief U.S. Equity Strategist for Morgan Stan ... Show More
3m 42s