Behind the Markets Podcast
Behind the Markets
Jeremy Schwartz, Global Chief Investment Officer at WisdomTree and Jeremy Siegel, professor of finance at Wharton and author of Stocks for the Long Run, host this long-running podcast that dives into the how and why of market performance with leading economists and market strategists to inform you what’s ahead for the economy and your portfolio.
Regularly joining the two Jeremys is the Deep Rooted Macro Team that decodes the forces shaping markets and portfolios worldwide.
Chris Gannatti, CFA, Global Head of Research, offers an analytical and thematic edge—bridging macro trends with on-the-ground technology and innovation. Whether unpacking the infrastructure powering the AI age or latest biotech breakthroughs, Chris translates complexity into conviction.
Jeff Weniger, CFA, Head of Equity Strategy, injects the pulse of behavioral markets and valuation discipline. With sharp macro instincts, Jeff dissects cycles, sentiment, and structural change with trademark clarity and wit.
Sam Rines, Macro Strategist for Model Portfolios, ties the threads together—linking policy, politics, and portfolio construction. His pragmatic macro lens captures how geopolitics, industrial policy, and energy dynamics flow into real-world GeoAlpha.
Together, the Deep Rooted Macro squad creates a fusion of rigorous research, accessible insights, and genuine debate.
Behind the Markets provides a regular masterclass in how the world really works beneath the surface of prices, data, and headlines. Tune in to hear where the Deep Rooted Macro team sees the next big shifts taking root.
Regularly joining the two Jeremys is the Deep Rooted Macro Team that decodes the forces shaping markets and portfolios worldwide.
Chris Gannatti, CFA, Global Head of Research, offers an analytical and thematic edge—bridging macro trends with on-the-ground technology and innovation. Whether unpacking the infrastructure powering the AI age or latest biotech breakthroughs, Chris translates complexity into conviction.
Jeff Weniger, CFA, Head of Equity Strategy, injects the pulse of behavioral markets and valuation discipline. With sharp macro instincts, Jeff dissects cycles, sentiment, and structural change with trademark clarity and wit.
Sam Rines, Macro Strategist for Model Portfolios, ties the threads together—linking policy, politics, and portfolio construction. His pragmatic macro lens captures how geopolitics, industrial policy, and energy dynamics flow into real-world GeoAlpha.
Together, the Deep Rooted Macro squad creates a fusion of rigorous research, accessible insights, and genuine debate.
Behind the Markets provides a regular masterclass in how the world really works beneath the surface of prices, data, and headlines. Tune in to hear where the Deep Rooted Macro team sees the next big shifts taking root.
Episodes
Mentioned books
Jun 5, 2020 • 32min
Behind the Markets Podcast: Maria Bartiromo & Leeland Miller
Show from 6/5/20
Wharton Finance Professor Jeremy Siegel starts off the show discussing the shocking jobs report. He said as a result of the economy opening there is a huge shift towards value stocks and away from tech stocks. Then Hosts Jeremy Schwartz and Professor Siegel bring on two China experts to talk manufacturing, consumer spending, and demand.
Guests:
Maria Bartiromo - Host of "Mornings with Maria" on Fox Business
Find out more about her show here: https://www.foxbusiness.com/shows/mornings-with-maria
Follow her on Twitter: @MariaBartiromo
Leeland Miller - Chief Executive Officer of China Beige Book International
To find out more about China Beige Book visit their website: https://www.chinabeigebook.com/
Follow them on Twitter: @ChinaBeigeBook

May 29, 2020 • 53min
Behind the Markets Podcast: Gad Allon, Rowan Trollope, & Ethan Kurzweil
Show from 5/29/20
Wharton Finance Professor Jeremy Siegel opens the show saying people shouldn't be surprised by the current bull market because the money from the Fed was bound to find its way into equity markets. Professor Siegel also discusses uncertainty regarding international trade and developments on the virus front with Liqian Ren. Then host Jeremy Schwartz talks with a Wharton Professor focused on management technology to discuss opening the economy and trends in tech. Plus he talks to two experts in the cloud computing space.
Guests:
Gad Allon - Professor of Operations, Information and Decisions
Director of the Jerome Fisher Program in Management & Technology
Find out more about Professor Allon here: https://oid.wharton.upenn.edu/profile/gadallon/
Follow Professor Allon on Twitter: @g_allon
Rowan Trollope- CEO of Five9
To find out more about Five9 visit their website: https://www.five9.com/
Follow Five9 on Twitter: @Five9
Ethan Kurzweil -Bessemer Venture Partners
To find out more about Bessemer Venture Partners visit their website: https://www.bvp.com/
Follow them on Twitter: @BessemerVP
May 22, 2020 • 25min
Behind the Markets Podcast: Randy Parrish
Show from 5/22/20
Host Jeremy Schwartz talks to an expert in high yield credit markets, Randy Parrish. They get into to pace of reopening the economy, the re-engagement of consumers, and liquidity vs solvency issues. Plus, according to Parrish, there has already been a lot damage to corporate debt markets with default rates ticking up.
Guest:
Randy Parrish - Managing director, head of credit and a senior high yield portfolio manager at Voya Investment Management
For more information about Voya visit their website: https://investments.voya.com/
Follow Voya on Twitter: @VoyaInvestments
May 21, 2020 • 30min
Behind the Markets Podcast: President & CEO of the Bank of Richmond Tom Barkin
Show from 5/22/20
Hosts Jeremy Schwartz and Wharton Finance Professor Jeremy Siegel bring on a special guest, the President and CEO of the Bank of Richmond Tom Barkin. They start off the show discussing the potential outcomes of reopening the economy with no vaccine or treatment available. Then they discuss the importance of liquidity and the risk of inflation. Plus Barkin offers insight on normalizing interest rates, re-skilling employees, workforce participation, and the future of flexible work.
Guest:
Thomas Barkin - President of the Federal Reserve Bank of Richmond
For more information on Tom's work visit the Federal Reserve Bank of Richmon'd website: https://www.richmondfed.org/
May 20, 2020 • 37min
Behind The Markets Podcast Special: Jesper Koll & Jeffrey Weniger
Show from 5/21/20
Jeremy Schwartz talks to his WisdomTree colleagues about the international response to COVID-19. They start the show discussing Japan's low numbers of Coronavirus cases and their economy's excess demand for labor. CEO of WisdomTree Japan Jesper Koll explains that COVID-19 is actually changing cultural behavior in Japanese corporations which is something Abe couldn't even do. He also adds that Japan's largest trading partner, China, is engaging in a V shaped recovery and that provides enormous support. Plus they discuss allocation to private equity companies in Japan.
Guests:
Jesper Koll-CEO of WisdomTree Japan
Jeffrey Weniger- CFA serves as Director, Asset Allocation at WisdomTree

May 14, 2020 • 51min
Behind the Markets Podcast: Florian Ginez, Chris King, & Tyrone Ross
Show from 5/15/20
Hosts Jeremy Schwartz, Liqian Ren, and Wharton Finance Professor Jeremy Siegel start off the show with market news discussing everything from the fear of more trade wars with China and stimulus packages to drops in tax revenue. Then Jeremy Schwartz talks to experts in the bitcoin cryptocurrency space. They discuss the wealth management market and the benefit of offering bitcoin SMAs.
Guests:
Florian Ginez - Associate Director of Quantitative Reseach for WisdomTree Europe Limited
Chris King - Founder and CEO of Eaglebrook Advisors
For more on Eaglebrook Advisors visit their website: https://eaglebrookadvisors.com/
Follow Eaglebrook Advisors on Twitter: @eaglebrook
Tyrone Ross - The Head of Advisory at Eaglebrook Advisors

May 8, 2020 • 53min
Behind the Markets Podcast: David Lyon
Show from 5/8/20
Wharton Finance Professor Jeremy Siegel kicks off the show with his COVID-19 market updates. According to Professor Siegel, things are looking up, global markets have been cautiously opening, the NASDAQ has gone into positive territory, and large caps are doing well. Then hosts Jeremy Schwartz, Liqian Ren, and Guest Host Ryan Krystopowicz bring on FinTech expert David Lyon. They discuss lowering the cost of FinTech investing, providing new world class services for advisors, and the positive impact of mergers on innovation in that space.
Guests:
David Lyon - CEO of the FinTech platform Oranj
For more on Oranj visit their website: https://runoranj.com/
Ryan Krystopowicz - Product Specialist at WisdomTree Asset Management

Apr 30, 2020 • 53min
Behind The Markets Podcast: Ed Stringham & Brian Kessens
Show from 5/1/2020
Wharton Finance Professor Jeremy Siegel kicks off the show talking about the ISM economic news, positive antivirus news, market liquidity, and more. Then Hosts Jeremy Schwartz, Liqian Ren and Kevin Flanagan interview two expert guests on the possibility of opening the economy, volatility in the oil space (especially with midstream energy companies), and the international response to COVID-19.
Guests:
Edward Stringham - Professor at Trinity College and President of the American Institute for Economic Research
Follow Ed on Twitter: @edstringham
For more information on the American Institute of Economic Research visit their website: https://www.aier.org/
Brian Kessens - Portfolio Manager at Tortoise Advisors
Follow Tortoise Advisors on Twitter: @tortoise_invest
For more information on Tortoise Advisors visit their website: https://tortoiseadvisors.com/

Apr 24, 2020 • 29min
Behind the Markets Podcast: Kevin Volpp
Show from 4/24/20
Wharton Finance Professor Jeremy Siegel starts off the show with a market update discussing recent oil prices and anti-viral medication news. Then Hosts Jeremy Schwartz, Jeremy Siegel and Liqian Ren interview Dr. Kevin Volpp from the Perelman School of Medicine to discuss the medical research being done to combat COVID-19. According to Dr. Volpp, there need to be more careful clinical studies conducted with real control groups to ensure potential treatments do not harm patients. He also notes that Penn Medicine is working on clinical trials, vaccine development, and a Google based chat bot that can be placed on health portals to help with predictive modeling.
Guest:
Dr. Kevin Volpp - Founders President’s Distinguished Professor of Medicine and Medical Ethics and Policy at the Perelman School of Medicine and Health Care Management at the Wharton School. He is also the founding Director of the Center for Health Incentives and Behavioral Economics (CHIBE), Vice Chairman for Health Policy for the Department of Medical Ethics and Policy, and Director (with Karen Glanz) of the Penn CDC Prevention Research Center.
For more information on Dr. Volpp: https://chibe.upenn.edu/faculty-members/kevin-volppmd-phd/

Apr 23, 2020 • 25min
Behind The Markets Podcast: Chase Taylor
Show from 4/24/20
Hosts Jeremy Schwartz and Liqian Ren talk about macro impacts of COVID-19 with an expert at Pincone Macro Research. They discuss energy markets, low oil prices, commodity exposure, ETFs and more.
Guest:
Chase Taylor - Macro Strategist at Pinecone Macro Research
For more information on Pinecone Macro Research visit their website: https://www.pineconemacro.com/
Follow Pinecone Macro on Twitter: @pineconemacro


