RiskReversal Pod

David Rosenberg, founder of Rosenberg Research and a renowned economist, shares his insights on market predictions and economic trends. He reflects on his past views, admitting he was overly bearish on US equities. Rosenberg discusses the implications of inflation, the strength of the US dollar, and forecasts a decline in 10-year yields. He highlights the potential for recession and the importance of understanding market cycles. Notably, he predicts a target of $6,000 for gold, driven by central bank policies and dynamics of supply and demand.

Join Deirdre Bosa, a tech journalist from CBC's Tech Check, and Gene Munster, Managing Partner at Deepwater Asset Management, as they delve into AI's rapid advancements. Deirdre shares her hands-on experiences with AI coding tools like Replit and Claude Cowork, highlighting their potential to disrupt traditional software development. They also explore the US-China AI rivalry and implications of geopolitical dynamics. Gene discusses investment trends for AI companies, emphasizing how inference technology may reshape the market and the future strategies of tech giants.

Kristen Kelly, a finance and entertainment M&A analyst, and Jen Saarbach, a former trading desk pro, join for a riveting discussion on unintended consequences. They delve into Jerome Powell's dilemma and its impact on Fed independence, warning of potential political fallout. The conversation shifts to the Biden administration's credit card rate cap proposal, revealing possible negative effects on consumers and banks. The duo also tackles the corporate drama surrounding the Warner Bros. bidding war, likening it to a real-life 'Succession' saga.

Andrew Ross Sorkin, a New York Times columnist and bestselling author, delves into his book about the 1929 stock market crash. He draws parallels between the roaring '20s and today's market trends, highlighting meme stocks and crypto manias. Sorkin discusses the role of debt and investor behavior during market booms, warning against complacency in recognizing financial risks. He also evaluates historical policies for dealing with speculation and the influence of political dynamics on Wall Street, showcasing a remarkable blend of history and contemporary finance.

Rick Heitzmann, co-founder of FirstMark Capital with a rich background in early-stage tech investments, and Jesse Chasse, head of tech equity capital markets at RBC, discuss a revival in VC optimism for 2026. They explore how AI startups are disrupting traditional SaaS models and why most venture returns come from public markets. The duo delves into the factors behind successful IPOs, the shift toward AI-driven business models, and the resurgence of M&A, marking a transformative time for tech investment.

In this engaging discussion, Jen Saarbach and Kristen Kelly, co-founders of The Wall Street Skinny, delve into the nuances of bank earnings focusing on giants like JPMorgan and Goldman Sachs. They explore the effects of recent economic reports and monetary policy on market dynamics. The duo emphasizes the significance of storytelling in finance, highlighting gender dynamics and mentorship in the industry. With insights on price-to-tangible book ratios and upcoming earnings, they make complex finance relatable and educational for listeners.

Mike Wilson, Chief U.S. Equity Strategist and CIO at Morgan Stanley, dives deep into the market outlook for 2026. He discusses how the Fed prioritizes job growth and funding the deficit over inflation control. The role of AI in corporate productivity is also explored, along with sector-specific investment opportunities, particularly in cyclicals and mid-caps. Wilson tackles the dynamics of IPOs, M&A in biotech, and the current state of energy and housing, emphasizing the need for tactical adaptability in investment strategies.

Deirdre Bosa, an anchor at CNBC's Tech Check and a savvy tech journalist, teams up with Jeff Richards, managing partner at Notable Capital, to explore the dynamic world of technology and investment. They discuss CES highlights, including Nvidia's push for autonomous vehicles and Boston Dynamics' advancements. The duo dives into the evolving landscape of AI, potential risks tied to China's tech growth, and the shifting dynamics in private versus public tech markets. They also forecast the future of IPOs and the influential role of private companies in shaping AI adoption across industries.

In a riveting mailbag session, the hosts tackle market volatility and the impact of AI, offering intriguing insights on Uber's future and autonomous strategies. They dissect gold's fundamentals versus miners and share ETF picks for 2026. With a keen eye on healthcare and pharma, discussions on potential M&A emerge. The conversation also touches on macro risks, technicals, and effective risk management strategies. To cap it off, bold predictions for the Knicks and market dynamics build anticipation for the upcoming year.

Steph Guild, Chief Investment Officer at Robinhood, shares her cautious market outlook for 2026, focusing on diversification and tech sector growth. She also highlights the potential of value stocks like Gap and Lululemon amid affordability themes. Joining her is Steve Quirk, Chief Brokerage Officer, who discusses Robinhood's latest offerings, including prediction markets and AI tools for improved trading strategies. Together, they explore how these innovations meet growing customer demand and enhance community engagement among investors.