Cents of Security by Interactive Brokers

Jose Torres, a senior economist who analyzes energy, rates, and inflation. He explains how oil moves markets, how rising yields reshape stocks and bonds, and why geopolitics can reprice risk across assets. He also covers nowcasting CPI, labor signals, sector divergence, and the links between high oil and recession risk.

Building credit can feel like a catch‑22—especially if you’re starting from scratch, rebuilding, or living debt‑free. In this episode we sit down with James Yendrey of InvestMentorSM to unpack the new wave of “credit‑adjacent” products that can report debit spending, rent, and utilities to the credit bureaus—plus the risks to watch for, like fees, incomplete bureau reporting, and transaction reversals.

Buy Now, Pay Later (BNPL)—how it works, why it’s exploded with younger consumers, and the psychology that makes spending feel way easier than paying up front.

James Yendrey, economist and educator at InvestMentor who teaches investing and earnings call analysis. He breaks down what to listen for on calls: revenue trends, margins, cash flow, guidance, whispers and the revealing Q&A. Short, clear pointers on spotting low-quality profits and why forward guidance often matters most.

In this episode of the Cents of Security Podcast, host Mary MacNamara sits down with Interactive Brokers Senior Economist Jose Torres to break down what’s moving markets right now—and which economic releases matter most for newer investors.

In this episode of Cents of Security, Mary MacNamara sits down with James Yendrey of InvestMentorSM to break down the income, balance sheet, and cash flow statements. Let's revisit this during earnings season to better understand how companies measure performance, stability, and real cash health.

On the latest episode of Cents of Security, Senior Economist Jose Torres from Interactive Brokers breaks down the Fed’s recent decision, shifting market dynamics, the tech sector’s volatility, record-breaking commodities, demographic pressures, and what investors should watch heading into February.

A fast tour of 2025’s global market surprises—from tariff whipsaws and a precious‑metals surge to international outperformance—and what they might mean for 2026.

Jeffrey Fidelman, CEO of Fidelman & Co., a specialist in IPOs and private markets, breaks down selective capital deployment in 2026. He covers Series A validation vs. seed, shifting pre-seed dynamics, micro‑liquidity signals, why niche managers attract LPs, and which AI plays still secure funding.

Latest Cents of Security pod, Senior Economist Jose Torres breaks down three pivotal indicators: Labor pulse: Challenger Gray & Christmas showed December job cuts at multi‑year lows alongside firmer hiring intentions—dampening slowdown worries. Productivity pop: One of the strongest readings in the last decade, helping wage growth coexist with tamer inflation by lifting output per worker. Trade picture: The deficit narrowed to its lowest since 2009—with caveats around front‑loaded pharma imports and ongoing onshoring dynamics. Market leadership: Rotation days where Dow/Russell outpace S&P/Nasdaq, and why small caps can benefit from faster growth + rate cuts. Policy watch: How upcoming tariff decisions could sway rates, the fiscal backdrop, and near‑term margins without materially changing the broader inflation trend.