Two Minutes with Todd Jones: Recent Episodes
Gratus Capital
Markets have continued to climb despite volatility across commodities, equities, and fixed income. In this episode, Focus’ Todd Jones breaks down year-to-date performance trends, small-cap leadership, earnings growth expectations and the continued rise in AI capital spending.
Click here to view supporting charts referenced in today's episode.
Credit markets have settled into a quieter stretch, with volatility subdued and trading largely range-bound. In this episode, Focus’ Todd Jones shares how spreads might be starting to suggest a different outcome later this year, and takes a look at recent market performance and key correction/recession indicators.
Click here to view supporting charts referenced in today's episode.
What does SpaceX’s unlock period look like, and how could it impact the company’s price over the intermediate term? In this episode, Focus’ Todd Jones discusses the potential price implications, along with small-company rotation leadership, recent performance trends, and key correction/recession indicators.
Click here to view supporting charts referenced in today's episode.
New IPO activity is creating an imbalanced supply-and-demand picture in the stock market. Which way will the market trend once SpaceX, OpenAI, and Anthropic become public? In this episode, Focus Partners’ Todd Jones explores how the equity market supply and demand may create imbalance as well as performance trends and correction/recession indicators.
Click here to view supporting charts referenced in today's episode.
How do inflation trends from the 1970s compare to the 2020s? In this episode, Focus Partners’ Todd Jones explores inflation progression, performance trends, and correction/recession indicators.
Click here to view supporting charts referenced in today's episode.
The “Buffett Indicator” is breaching into all-time high levels. What could this signal for the markets? In this episode, Focus Partners’ Todd Jones explores this gauge as well as Magnificent Seven earnings, performance trends, and correction/recession indicators.
Click here to view supporting charts referenced in today's episode.
Is the bottleneck in the semiconductor sector real? In this episode, Focus Partners’ Todd Jones unpacks this timely topic and shares his thoughts on the SpaceX IPO, performance trends, and correction/recession indicators.
Click here to view supporting charts referenced in today's episode.
First quarter earnings expectations are strong, but the broader economic picture in 2026 has been anything but clear. In this episode, Focus’ Todd Jones examines whether markets may be overlooking some cautionary economic signals.
Click here to view supporting charts referenced in today's episode.
A sustained kinetic conflict with Iran has created upside risk in energy prices since the start of the year. In this episode, Focus Partners’ Todd Jones explores if energy inflation is starting to seep into consumer prices, performance trends, and correction/recession indicators.
Click here to view supporting charts referenced in today's episode.
Are there any signals coming from high yield or volatility markets that give us concern? In this episode, Focus Partners’ Todd Jones covers this timely topic, the current state of private equity dry powder and how it may relate to public market trading, the recent Cliffwater article featured in The Wall Street Journal, performance trends, and correction/recession indicators.
Click here to view supporting charts referenced in today's episode.
With Iran dominating the headlines, what are some initial takeaways from the conflict in the Middle East? In this episode, Focus Partners’ Todd Jones dives into this topic along with midterm elections, performance trends, and correction/recession indicators.
Click here to view supporting charts referenced in today's episode.
Trends from the fourth quarter of last year are extending into 2026. Where is the strength coming from?In this episode, Focus Partners’ Todd Jonesshares information on performance trends and correction/recession indicators.
Click here to view supporting charts referenced in today's episode.
In this episode, Focus Partners’ Todd Jones breaks down the latest movements in gold and silver, provides a performance update for 2026, and highlights key recession indicators investors are watching.
Click here to view supporting charts referenced in today's episode.
What are the implications for active strategies when market dispersion is elevated? In this episode, Focus Partners’ Todd Jones shares how wide differences in asset class performance can create opportunities for active managers as fundamentals, sentiment, and economic signals diverge.
Click here to view supporting charts referenced in today's episode.
Markets closed 2025 with momentum—but what could 2026 bring?In this episode, Focus Partners’ Todd Jones discusses what U.S. equity mutual fund flows could suggest for equity returns. He also shares how the uptick in bank lending could impact recession risks.
Click here to view supporting charts referenced in today's episode.
Happy holidays from Focus Partners’ Todd Jones and the “Two-Minute Market Focus” team! In the last episode of 2025, Todd shares his thoughts on market performance over the last quarter, earnings growth estimates for 2026, outlier risks, correction/recession indicators, and more.
Click here to view supporting charts referenced in today's episode.
While the broader S&P 500 experienced an average drawdown in November, underlying sector movement was much more meaningful. In this episode, Focus Partners’ Todd Jones discusses what we can infer from this dynamic. He also shares updates on recent market performance and recession indicators.
Click here to view supporting charts referenced in today's episode.
In this episode, Focus Partners’ Todd Jones is joining us from the Partners Investment Summit in the desert oasis of Scottsdale. One of the key ideas that team members are discussing at the symposium is the AI bubble risk. Todd explores what this development may mean and shares updates on recent market performance and recession indicators.
Click here to view supporting charts referenced in today's episode.
What does today’s market sentiment suggest about near-term equity performance? In this episode, Focus Partners’ Todd Jones shares what emotions are driving the market. He also explores market performance, the risks in high-yield bonds, and an update on recession indicators.
Click here to view supporting charts referenced in today's episode.
Equity markets have experienced some turbulence over the last couple of weeks. In this episode, Todd Jones shares what history can tell us about the frequency and magnitude of these movements. He also explores if cracks are starting to form in the private debt sector and provides an update on performance and recession indicators.
Click here to view supporting charts referenced in today's episode.
How did the markets react in the third quarter of 2025? In this episode, Focus Partners’ Todd Jones shares the latest information on performance, how changing correlations in stocks and bonds could impact diversification, an update on tariffs, and recession indicators.
Click here to view supporting charts referenced in today's episode.
The U.S. Federal Reserve will likely cut rates this week. In this episode, Focus Partners’ Todd Jones shares how this may impact markets and how other central banks are responding. Todd also explores the status of share buybacks in the current environment and provides an update on performance and recession indicators.
Click here to view supporting charts referenced in today's episode.
In this episode, Focus Partners’ Todd Jones examines the high performance of gold and the rebounding of Chinese stocks, sharing his opinion of what these developments could mean. He also provides an update on market performance and recession indicators.
Click here to view supporting charts referenced in today's episode.
In this episode, Focus Partners’ Todd Jones examines U.S. IPO activity and explores how current sector concentration relates to past periods in the market history.He also provides an update on market performance and recession indicators.
Click here to view supporting charts referenced in today's episode.
In this episode, Focus Partners’ Todd Jonesexplores the stock index’s earnings and profit margin, sharing what that could mean for you. He also provides an update on market performance and recession indicators.
Click here to view supporting charts referenced in today's episode.
Two big pieces of digital asset legislation─the Genius Act and Clarity Act─have either just been signed into law or are pending. What impact could they have on the economy and your investments? In this episode, Focus Partners’ Todd Jones shares how these bills could affect cryptocurrencies. He also provides an update on market performance and recession indicators.
Click here to view supporting charts referenced in today's episode.
Are international stocks performing better than U.S. stocks because of their fundamentals, or are other factors at play? In this episode, Focus Partners' Todd Jones explores this question, shares the latest update on market performance, and comments on the decline of the U.S. dollar.
Click here to view supporting charts referenced in today's episode.
In this episode, Chief Investment Officer Todd Jones provides the latest updates on market performance, discusses initial market implications for U.S. involvement in Iran, and explores correction and recession indicators.
Click here to view supporting charts referenced in today's episode.
In this episode, Chief Investment Officer Todd Jones provides the latest updates on market performance, explores correction and recession indicators, and shares his thoughts on the recent increase in initial public offering activity and what it could mean for markets.
Click here to view supporting charts referenced in today's episode.
In this episode, Chief Investment Officer Todd Jones provides the latest updates on market performance and shares his thoughts on what the Nippon Steel merger with U.S. Steel could mean for markets.
Click here to view supporting charts referenced in today's episode.
In this episode, Chief Investment Officer Todd Jones provides an update on market performance and analyzes the Federal Reserve’s recent decision to hold rates steady.
Click here to view supporting charts referenced in today's episode.
In this episode, Chief Investment Officer Todd Jones provides the latest updates on market performance and shares his thoughts on European stocks. He also explores the initial signs of how tariffs may be impacting the broader market.
Click here to view supporting charts referenced in today's episode.
In this episode, Chief Investment Officer Todd Jones provides an update on market performance, shares how the probability of a recession has evolved over the last few weeks, and interprets what the bond markets are suggesting.
Click here to view supporting charts referenced in today's episode.
In this episode, Chief Investment Officer Todd Jonesprovides an update on the future of capital flows and what companies are saying in their earnings reports amid rising recession concerns.
Click here to view supporting charts referenced in today's episode.
In this episode, Todd Jones of Focus Partners' Investment Strategy team provides an update on the recent drawdown in stocks and explores if the outperformance in international developed stocks over domestic stocks could be a sign of an investable trend shift.
Click here to view supporting charts referenced in today's episode.
In this episode, Todd Jones of Focus Partners’ Investment Strategy team provides an update on February’s market performance, recent digital asset prices, and the recovery of Chinese markets.
Click here to view supporting charts referenced in today's episode.
In this episode, Focus Partners Wealth’s Chief Investment Strategist Jason Blackwell shares his perspectives on the ongoing changes in tariff policies communicated by the current administration.
In this episode, Todd Jones of Focus Partners’ Investment Strategy team provides an update on the market’s performance this month, including fourth quarter earnings, the rising stock/bond correlation, and using gold as a diversifier.
Click here to view supporting charts referenced in today's episode.
In this episode, Todd Jones of Focus Partners’ Investment Strategy team provides an update on the market, discusses how stocks are reacting to the changing tariff policy, and shares his thoughts on U.S. exceptionalism.
Click here to view supporting charts referenced in today's episode.
In this episode, Todd Jones of Focus Partners’ Investment Strategy team provides an update on the market and discusses some considerations when deciding whether investors should add more international stocks.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market and shares initial thoughts on 2025 financial markets.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market and analyzes the commercial property price appreciation index for core sectors.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market and discusses the potential for market participation to broaden out in 2025.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market and discusses the wide range of potential outcomes for 2025.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market and discusses how the US consumer continues to show strength.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market and discusses the Federal Reserve's decision to cut interest rates for the second time.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, discusses banks leading the market higher, and analyzes the current state of office real estate.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market and discusses the low levels for both high yield and investment grade bonds.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market and analyzes what the early earnings reports may be indicating.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market and analyzes what is happening with the U.S. Treasury yield curve.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market and discusses how a resumption in food price inflation may contribute to a cloudier inflation outlook.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market and analyzes the potential impact of the People's Bank of China's most aggressive financial stimulus package since the pandemic.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market and analyzes August's US Consumer Price Index.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market and analyzes the US Treasury market yield curve.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes what may happen to bonds when the Fed cuts rates, and explores whether office REITs are signaling the all clear in commercial real estate.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes the July inflation report, and discusses the mixed signals in recession indicators.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market and explains why we believe volatility comes with the territory of being an equity investor.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, discusses the turbulence from Asia, and analyzes the summer slowdown heating up.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes the equity market momentum, and discusses the current state of the consumer balance sheet.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market and analyzes whether the "rotation" in markets could be durable.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market and analyzes the persistent underappreciation of earnings as measured by estimated versus actual.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, discusses the potential evolution of market concentration, and analyzes the differences in market performance.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, discusses the upcoming US presidential election, and analyzes inflation's continued deceleration.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, discusses the electric vehicle industry, and analyzes the May inflation report.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, describes how office delinquency rates have evolved over time, and discusses supply and demand for equity.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, answers a common question from clients regarding volatility, and discusses whether history may be rhyming.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market and explains how election year returns are, on average, positive.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, discusses whether inflation could trend lower, and answers a common question we've been hearing from clients.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market and explains why a political affiliation can be a bad investment guide.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market and analyzes the significant weakening of the Japanese Yen currency.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, reviews the early first quarter earnings reports, and analyzes sector performance.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, provides an update on the US Consumer Price Index, and discusses what gold may be telling us.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, discusses US bond yields continuing to migrate higher in 2024, and analyzes what could derail the equity rally.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes current financial conditions, and explains relative valuation.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market and discusses the potential implications of bond yields remaining stubbornly high on shorter-term maturities.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes what is driving market activity more recently, and discusses whether we should be concerned with the momentum in stock prices.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes what is happening with Bitcoin, and discusses energy prices.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes whether the high interest rates are impacting corporate America, and discusses what current valuations in stocks may suggest about future returns.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market and discusses the nuances of investing at all time highs.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market and compares what the stock market was like in the early 2000s to today's market.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, discusses the big earnings season week, and analyzes the changing market structure.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes Chinese deflation, and discusses sizable money market holdings.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes the potential for the US Federal Reserve cutting interest rates, and discusses why investor expectations may be too high.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, reviews the fed funds rate during the last transition phase, and discusses why markets may have reason for optimism.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes the evolution of inflation, and explains why we remain cautious around high yield bonds.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes the growing difference of opinion in the potential path of interest rate "cuts", and reviews the current state of the housing market.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes the potential for rate cuts in 2024, and discusses market concentration.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, discusses the bond market attractiveness, and analyzes the digital asset revival.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, discusses the current outlook for yields, and analyzes whether there is a link between unemployment and the S&P 500.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes the third quarter earnings report, and discusses the third quarter gross domestic product (GDP) report.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, discusses volatility in the markets, and analyzes the Q3 earnings results.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes the recent underperformance of small companies (smallcaps), and discusses what this may tell us about the future direction of the broader stock market.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, discusses the treasury market's poor performance, and analyzes the Leading Economic Index (LEI) trend.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes bonds trading at average yield levels, and discusses why bonds may be signaling challenges ahead.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes the impact the top seven companies have on the S&P 500, and reviews the IPO activity.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes the differences in bond default rates, and discusses how politics historically have had little to do with return.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes whether we should consider adding to international holdings, and discusses emerging markets.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, discusses the potential of trouble in the Chinese real estate sector, and analyzes WeWork's recent earnings report.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes the potential risk of yields pressing higher, and discusses what happened in 2000 to the leaders of that era.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes what could be driving recent investor anxiety, and discusses the recession signal getting stronger.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes the progression of inflation, and discusses what earnings season trends may be emerging from the prior quarter.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes what previous cycles tell us about where commodities may go from here, and discusses the difference in valuation of small cap versus large cap stocks.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes why the equity market dispersion could be a problem, and discusses how the driver of home prices appears to be a result of very tight housing supply.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes the expectation for where Federal Reserve members think the Fed Funds rate will be over time, and discusses the similarities between US and UK economies.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes high yield bonds continuing to suggest deteriorating fundamental conditions, and discusses the potential impact of individual investor sentiment breaching into extreme territory.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, discusses the top seven performing S&P 500 stocks, and analyzes whether real estate investment trusts (REITs) are potentially bottoming or if brighter days could be ahead.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market and reacts to the prediction of where the Federal Funds rate will be at year-end.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes what the last debt ceiling experience could potentially tell us about this time, and explains why we believe high yield bonds have been too quiet.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes the potential impact of elevated inflation on the technology sector, and discusses how the continued strength in the labor market has impacted the Fed's interest rate policy.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes the better-than-expected earnings reports, and discusses why the concentration of gains could be concerning.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, discusses money market assets reaching an all-time high, and analyzes the ongoing US debt ceiling debate.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes whether equity markets could go further up, and shares his thoughts on gold as a possible diversifier in portfolios.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes whether the falling US dollar will be a problem for portfolios, and discusses a contraction in European bank lending.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, discusses the energy market potentially making a comeback, and analyzes the possible impact of commercial real estate values declining.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes the bank failures by year since 1980, and discusses potential impacts of bank stress.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, discusses UBS agreeing to acquire Credit Suisse, and analyzes non-banking system assets like Bitcoin and gold.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes the recent spike in bank closures, and discusses whether last week's employment report could complicate the inflation picture.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, discusses what Softbank has to do with a market bottom, and analyzes if there is still gas left in the tank for the energy sector.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes what a more restrictive monetary policy position could mean for interest rates, and discusses how small/mid-sized companies have historically performed in periods of high inflation.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes what the Q4 earnings season could potentially indicate for stocks in 2023, and discusses the recent shift in price momentum in digital assets.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes what future returns could potentially look like given the very negative sentiment, and discusses whether to reconsider European equity positions.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, discusses the significance of no current outstanding negative yielding bonds, and analyzes the potential short term support for bonds.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, discusses the possibility of trouble brewing in commercial real estate, and analyzes the current state of inflation and how it has progressed over the past two years.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes the possibility of inflation continuing to cool off, and reviews cryptocurrency's movement in 2022.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes the possibility of a growth versus value regime shift, and reviews the potential for a housing collapse.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes the key takeaways from the volatility index, and explains why we are closely monitoring the relative price performance of S&P 500 Growth versus S&P 500 Value companies.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes the impact of the unexpected Consumer Price Index (CPI) report, and discusses bond yields moving lower on the back of a cooling CPI.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, reviews the reported S&P earnings, and compares today's technology stocks to what occurred in the 1970s.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, compares the stock market to a similar pattern that occurred post World War II, and discusses the important outcome of declining negative-yielding bonds.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, reviews the current state of high yield bonds, and analyzes how the Chinese stock market could potentially impact us.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes the potential impact of the bond market, and reviews the rare performance of stocks and bonds so far in 2022.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, reviews the impact of quantitative tightening, and analyzes what history tells us about bear markets.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, discusses what tame credit markets may indicate, and analyzes the challenging position of European financials.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes how currency movements are creating volatility in other markets, and discusses the potential for equity markets nearing a bottom.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes the possibility that bonds may be approaching a transition phase, and encourages investors to keep a long-term view throughout the turbulent times in the market.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes the changes in the US Treasury yield curve, and highlights the shifting housing market dynamics.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes the crisis in European energy markets, and highlights the potential impact of share buybacks likely to increase.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes what "real" interest rates may indicate about a potential move in actual interest rates, and reviews what could happen when emerging markets move in the other direction.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes whether energy prices are actually overpriced as suggested by recent media coverage, and adds another item to our "What Could Go Right" list.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes the recession schematics, and highlights non-government bonds painting a rosier picture.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, explains the importance of holding a high-quality bond portfolio, and highlights the new legislation optimism.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes what rising stocks could potentially indicate for the future of the markets, and discusses the potential impact of commodity prices on CPI.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, discusses what the bond market may be telling us about a future recession, and analyzes the potential impact of rapidly declining commodity prices.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes the probability of a recession in our future, and highlights the positive sentiment from insider buying activity.
Click here to view supporting charts referenced in today's episode.
In this week's special edition episode, Todd provides an update on the market, analyzes the reason behind the recent market volatility, and explains how Gratus is navigating the current market environment.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes what the 1940's price history may suggest for the future , and highlights the mixed signals in the bond market.
Click here to view supporting charts referenced in today's episode.
In today's special update episode, Todd provides an update on the market, analyzes the potential outcomes from the recent volatility, and emphasizes the importance of staying invested even during periods of very negative sentiment.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, addresses how bond anxiety is affecting markets, and analyzes the potential impacts of food shortages in the near future.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes how China's "Zero-COVID" policy could potentially create issues for S&P 500 companies, and highlights the impact of Emmanuel Macron's re-election in France.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes whether inflation is always bad for stocks based on past data, and reviews the noticeable collapse in individual enthusiasm for the market.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, discusses the request of several US Federal Governors to fight inflation, and analyzes the impact of inflation anxiety on bonds.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes US yields approaching key levels, and explains the skepticism around emerging market stocks.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, explains how talks of a ceasefire impacted markets, and analyzes the likelihood of a recession in the near future.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, explains why Russia's absence of production is impacting commodity prices, and discusses how corporate stock buybacks could play an increasingly important role in future returns.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes how the war in Ukraine could continue to create volatility in the markets and inflation in commodities, and compares our current situation to the stagflation experienced in the 1970s.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, reviews the positive earnings reports despite the Russia/Ukraine tensions, and analyzes the market reaching "oversold" conditions.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes how Russia/Ukraine tensions could potentially affect financial markets, and reviews the bond market's recent movement.
In this week's episode, Todd provides an update on the market, analyzes why the recent positive jobs report is causing anxiety in the bond market, and discusses the implications for the future of Bitcoin.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes how the announcement of the Federal Reserve potentially tightening financial conditions impacted investors, and discusses positive early indications.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, discusses potential reasons why markets continue to go lower, and reviews whether or not a turnaround could be on the horizon.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, reviews the potential impact of bond yields continuing to push higher, and discusses the current trend of value stocks finding favor with investors.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes the persistent Chinese underperformance, and discusses the potential impact of easy-money policy unwinding.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, analyzes why investors do not appear to be concerned despite labor challenges, and highlights corporate stock buyback approaching an all-time-high number.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, reviews the potential for positive returns into year-end, and analyzes the possibility of inflation reaching its peak.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, discusses the impact the new COVID-19 variant had on markets last week, and analyzes the possibility of a positive December in stocks.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, explains the potential correlation between bond yields and COVID in Europe, and analyzes the recent trend in company break-ups.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, discusses the potential downsides of high consumer prices continuing, and analyzes the modest infrastructure package approved by the US House last week.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, emphasizes the importance of small caps pushing higher, and explains how bond price movements are becoming more sensitive to changes in interest rates.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, highlights the dramatic increase in earnings for Q3 2021, and emphasizes the significance of European interest rates on the verge of breaking positive.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, reviews the strong earning reports, and explains why investors should think twice about purchasing Bitcoin's first ETF.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, discusses the potential for a 1970s style stagflation, and highlights the importance of the SEC approving the first futures-based ETF for Bitcoin.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, dives into the weaker-than-expected jobs report, and analyzes the potential impact of declining COVID infections on the market.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, explains what's causing the staggering increase in natural gas prices, and analyzes the uptrend of merger and acquisition volumes.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, reviews the impact of China's Evergrande Crisis, and provides insights from last week's Federal Reserve press releases.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, discusses how long key economic data can continue to keep up with consensus, and dissects why Chinese markets remain uninvestable.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, discusses whether the progression of negative surprises in economic data is concerning, and considers the potential impact of central banks expecting to be net sellers of bonds by mid-2022.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, how the yield environment is impacting flows, and momentum continues to drive the market.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, the drive behind European earnings continuing to lead markets higher, and the NYSE Advance/Decline line's sideways motion.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, the anxiety building around a potential overdue correction, and economic indicators suggesting further gains in the near future.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, the comeback of cryptocurrency after recent lows, and the highlights of the newly passed infrastructure bill.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, how bond yields indicate the future direction of risk markets, and what the flurry of buyback activity means for future demand.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, discusses why better-than-expected earnings for bellwether companies resulted in their stocks actually trading down, and explains how recent tech and for-profit regulations are impacting the Chinese market.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, discusses the likelihood of the stock market continuing to hit new highs, and monitors the impact of the COVID-19 Delta variant.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, explains why the earnings reports are giving the market pause, and highlights the bond yield decline.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the market, questions how sustainable the all-time high Q2 performance of most US stock markets is, and explains why the variety of strong sector performances in our economy is a good thing.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the markets, describes the new bipartisan infrastructure bill, and considers whether the all-time high indexes could actually be a cause for concern.
Click here to view supporting charts referenced in today's episode.
In this week's episode, Todd provides an update on the markets, reports on the unexpected reaction from bonds, and discusses the economic comeback.
In this week's episode, Todd provides an update on the markets, discusses the status of recent inflation, and explains the new momentum.
In this week's episode, Todd provides an update on the markets, reviews the Federal Reserve's recent actions, and shares a rare moment in the history of European shares.
In this week's episode, Todd provides an update on the markets, describes Bitcoin's return to volatile trading, and touches on the S&P 500's better-than-expected earnings growth.
In this week's episode, Todd provides an update on the markets, explains how Elon Musk tanked Bitcoin, and describes the impact inflation is having on certain speculative parts of the market.
In this week's episode, Todd provides an update on the markets, explains what the commodities markets could be signaling, and reviews the potential impact of the Colonial Pipeline shutdown.
In this week's episode, Todd provides an update on the markets, emphasizes the technology sector's major earnings, and continues to keep an eye on the proposed tax law changes.
In this week's episode, Todd provides an update on the markets, highlights the Coinbase IPO, and explains the potential impact of the proposed capital gains tax hikes.
In this week's episode, Todd provides an update on the markets, emphasizes the significance of the Coinbase IPO, and touches on the impact high global COVID-19 case numbers could have on the economic recovery.
In this week's episode, Todd provides an update on the markets, reviews some of the strongest US economic data on record, and dives into the connection between expectations and bond yield activity.
In this week's episode, Todd provides an update on the markets, reviews the impact a better-than-expected March jobs report could have and discusses the recent adjustments to the infrastructure package.
In this week's episode, Todd provides an update on the markets, discusses the impact that uneven levels of COVID-19 vaccine delivery across the globe could have on the US, and bond yields are moving lower once again.
In this week's episode, Todd provides an update on the markets, the potential impact of COVID variants, and discusses how the Fed holding rates low through 2023 is creating pressure globally.
In this week's episode, Todd provides an update on the markets, discusses the impact the passage of the $1.9tln stimulus package may have on inflation, and shares his thoughts on big rotations potentially leading to good opportunities in mid-sized companies.
In this week's episode, Todd provides an update on the markets, discusses the unwinding of the large gap between growth and value stocks, and shares his thoughts on how much higher will interest rates need to go before they become problematic.
In this week's episode, Todd provides an update on the markets, discusses his concerns with the volatility in the bond market, and how the Federal Reserve might be changing their tune.
In this week's episode, Todd provides an update on the markets, discusses how rebalancing our accounts can help with volatility, and determining the right trigger points for bond yields.
In this week's episode, Todd provides an update on the markets, discusses the impact of Tesla getting into Bitcoin, the growing attraction of active stock selection and concerns around fixed income yields rising.
2.1.2021 - The r/wallstreetbets Short Squeeze
In this week's episode, Todd provides an update on the markets and discusses how an online message board is potentially creating market instability.
In this week's episode, Todd discusses how the canceling of the Keystone Pipeline could impact energy prices, why it is critical to pay attention to the COVID-19 mutations taking place in Europe, and why inflation could become a problem.
In this week's episode, Todd discusses why it is important to closely monitor bond yields, how the markets are reacting to the tumultuous week at the Capitol, and a closer look at the possibility of a reflation theme overshoot.
In this week's episode, Todd discusses Tesla's S&P 500 inclusion, what Bitcoin's all-time high means for investors, and how the recently announced $900B stimulus package can help the economy in Q1 2021.
In this week's episode, Todd discusses what is happening with the small-cap sector, a few items worth monitoring that might signal market recovery, and a major US insurance company makes a large crypto investment.
In this week's episode, Todd discusses some of the possible drivers to the all-time highs in the US market and what the high yield bond market might be telling us.
In this week's episode, Todd discusses why small-cap leadership is a strong indicator of a rally, the continued attention for cryptocurrency, and the two things that could provide a challenging market this winter.
In this week's episode, Todd discusses why US stocks are down while international is up, what an additional COVID-19 vaccine means and some staggering housing sector stats.
In this week's episode, Todd discusses why there was a brief change in interest rates after Biden was announced as President-elect, timing the rotation from growth to value stocks, and when fixed income portfolios need to consider moving towards more high-quality assets.
In this week's episode, Todd discusses the catalyst for the rise of US and International markets, the economy’s reaction to the possibility of a Republican-controlled Senate, and what is happening to home prices in the suburbs.
In this week's episode, Todd discusses the market's reaction to Dr. Fauci's prediction on when we might return to normal, the importance of exceeding expectations from recent earnings reports, and how the market is preparing ahead of Tuesday's election.
In this week's episode, Todd discusses the stock market as we near the election, the status of bond yields, and what PayPal's announcement means for cryptocurrency within corporate America.
In this week's episode, Todd talks about the resilience of the US consumer, the continuing surprise of inflation, and what potential capital gains changes could mean for the market in the near future.
This week, Todd discusses the continuing volatility of the equity markets, the probability of a new stimulus deal, and what a contested election could mean for the stock market.
This week, Todd discusses the strong end of the third quarter, how growth companies are benefiting from low, stable interest rates and what a SPAC is and why you should take note.
This week, Todd discusses the possible culprit for the fall of international markets, the strength of the housing market, and the potential base building for higher spreads from high yield bonds.
This week, Todd discusses the third straight week of lower US markets, the two reasons why negative returns are likely happening, and what the Federal Reserve's flat-rate decision means for the coming years.
This week, Todd digs into the shifting US and international markets, what higher than expected inflation rates could mean, and why a market legend says you should keep cash on hand.
This week, Todd focuses on the international and US stock markets, Apple and Tesla announcing a 5:1 stock split, and Warren Buffett's shift with international equities and gold.
This week, Todd focuses on the recent rise in the equity market, the impact of the FED moving to average inflation rating, and what to watch from the fixed income markets this week.