Full Signal

Anthony Pompliano is the CEO of Silvia Inc. and the author of "How to Live an Extraordinary Life, Volume 2." He joins Phil Rosen on Full Signal to discuss the problems with macro data, the accelerating AI trade, the three assets he likes best, and how investors should position for the decade to come.

This episode is sponsored by Y'all Street Asset Management: https://www.yallstreetetfs.com/

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Timestamps:

0:00 - Macro bears are wrong

5:53 - AI adoption reality check

8:23 - Bitcoin, gold, land

10:08 - Microsoft and Netflix?

14:31 - Barbell portfolio strategy

16:01 - How AI impacts Bitcoin

19:41 - Gold

20:43 - How to Live an Extraordinary Life Vol. 2

23:05 - The ego tax

24:02 - Procrastination is arrogance

25:19 - Amateurs built Noah's Ark

#podcast #investing #markets #tech #ai #macro #stocks #bitcoin #fed

Josh Schafer is an investment writer and strategist at Barron's, and the author of the Searching for Signals Substack. He joins Phil Rosen on Full Signal to discuss why market breadth is weakening even near record highs, how Meta's Muse is fueling the AI rally, the rise of consumer AI agents, and his top stock picks for the year ahead.

This episode is sponsored by Bloomberg:

http://bloomberg.com/equityindices

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0:00 - Market breadth narrowing

2:49 - Why stocks ignore bond yields

4:22 - Meta Muse

6:00 - Fee AI products vs. monetization

11:16 - Would consumers pay for AI agents?

13:39 - AI regulation and existential risk

16:32 - AI token prices

19:08 - Trump's tech CEO seating chart

22:09 - Intel

23:32 - Cybersecurity

26:01 - Walmart

28:38 - Under-the-radar sports stock

31:37 - Searching for Signals#podcast #investing #markets #tech #ai #macro #stocks #bitcoin #fed

Steph Guild is the chief investment officer for Robinhood, where she runs Robinhood Strategies, an actively managed portfolio strategy at the firm. She joins Phil Rosen on stage at HOOD Summit in Houston for a live taping of Full Signal to discuss her highest-conviction ideas, what stocks are inside Robinhood's portfolio right now, risks in the bond market, healthcare and defense stocks, and why double-digit earnings growth may not last.

This episode is sponsored by Harbor Capital Advisors: https://www.harborcapital.com/suite/ai-labs/

Subscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribe

Follow Phil on X: https://x.com/philrosenn

Follow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/

TIMESTAMPS:

0:00 - Stocks at record highs

1:38 - Energy as a hedge

2:32 - Midterms and 4-year cycle

3:45 - Market breadth narrowing

5:06 - Earnings expectations bubble?

7:29 - 10-year yield at 5.2%

10:35 - Stocks vs. bonds

11:28 - AI capex vs. economic growth

12:45 - Torpedoes vs. resets

14:35 - Software and consumer divide

15:46 - Energy stock picks

17:29 - Healthcare, Shopify, Eli Lilly

18:54 - Defense sector 

20:37 - How Robinhood Strategies evolved

23:31 - AI bubble risks

26:19 - Cybersecurity stocks

27:18 - Stocks to avoid

29:06 - What we could be wrong about

31:24 - Follow Steph

#podcast #investing #markets #tech #ai #macro #stocks #bitcoin #fed

Jeff Hirsch is the editor of the Stock Trader's Almanac, the market guide that just hit its 60th anniversary. He joins Phil Rosen on Full Signal to discuss the midterm-year "sweet spot" for stocks, the AI super boom and his Nasdaq outlook, what 5% bond yields mean for investors, and why he's selling bonds and buying small caps.

This episode is sponsored by Bloomberg: http://bloomberg.com/equityindices

Subscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribe

Follow Phil on X: https://x.com/philrosenn

Follow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/

TIMESTAMPS:

0:00 - Where are we in the cycle?

0:30 - AI super boom

3:02 - Midterm-year sweet spot

6:42 - Bond yields at 5%

9:19 - Split Congress hurts stocks

10:40 - AI earnings beat everything?

11:40 - Does seasonality still matter?

14:35 - Tech concentration

16:25 - Turning bearish

19:07 - Lessons from super booms

21:00 - Favorite sectors

22:30 - Small caps

25:25 - MACD signal

27:57 - Steelman the bear case

29:03 - What we could be wrong about

29:47 - Follow Jeff

#podcast #investing #markets #tech #ai #macro #stocks #bitcoin #fed

Justus Parmar is the CEO of Fortuna Investments, an America-first venture capital firm, and Joey Magazine is a partner at Fortuna Investment and an elected official as Miami Beach Commissioner and Chair of the Finance Committee. They joined Phil Rosen on stage at Future Proof in California to discuss how to make investment decisions that align with policy, the sectors that should outperform in the current macro and geopolitical backdrop, and what ideas will win the next decade.

This episode is sponsored by Y'all Street Asset Management: https://www.yallstreetetfs.com/

Subscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribe

Follow Phil on X: https://x.com/philrosenn

Follow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/

Timestamps:

0:00 - Investing from policy

2:34 - Capital flight and midterms

4:06 - Uranium, rare earths, aerospace

6:02 - Sectors that survive policy

9:56 - America First vs. pure innovation

12:52 - What investors miss on policy

15:35 - Miami as Wall Street South

17:46 - Building Miami's ecosystem

20:13 - Government stakes in private companies

#podcast #investing #markets #tech #ai #macro #stocks #bitcoin #fed

Jessica Inskip is the director of research for StockBrokers.com and one of the most followed investment voices in the industry. She joins Phil Rosen on Full Signal to unpack the risks in the bond market, AI overwhelming the macro setup, and the stocks and trades she likes best heading into the new year.

This episode is sponsored by Harbor Capital Advisors: https://www.harborcapital.com/suite/ai-labs/

Subscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribe

Follow Phil on X: https://x.com/philrosenn

Follow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/

Timestamps:

0:00 - Bullish trading cycle

2:55 - End of the cycle?

4:30 - 10-year yield at 5.2%

7:32 - Price-agnostic to price-sensitive buyers

8:10 - Bonds vs. stocks

10:49 - When yields hurt stocks

12:53 - US fiscal credibility

16:53 - All in on AI

18:03 - Hyperscalers

20:27 - Meta's Muse

26:00 - Apple

31:09 - Corners of the market to avoid

32:35 - How to buy tech

33:40 - Follow Jess

#podcast #investing #markets #tech #ai #macro #stocks #bitcoin #fed

Warren Pies is the founder of 3Fourteen Research, a leading institutional risk manager and research firm. He joins Phil Rosen on Full Signal to discuss his current portfolio positioning, sector calls, why he's bullish semiconductors and hyperscalers, GPU availability and AI demand, and more.

This episode is sponsored by Harbor Capital Advisors: https://www.harborcapital.com/suite/ai-labs/

Subscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribe

Follow Phil on X: https://x.com/philrosenn

Follow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/

TIMESTAMPS:

0:00 - Overweight equities

3:30 - Tech-heavy market and AI leadership

5:29 - Macro shocks

11:05 - Low correlations and pair trades

13:37 - Semis and broadening trade

17:35 - GPU availability and rental rates

21:22 - Compute indicators flashing bullish

25:08 - Frontier lab ARR

30:08 - Hyperscalers leadership

32:34 - AI CapEx and the Fed

36:38 - What ends the bull run?

40:32 - Favorite sectors

41:46 - 3Fourteen Research

#podcast #investing #markets #tech #ai #macro #stocks #bitcoin #fed

Nancy Tengler is the CEO and chief investment officer of Laffer Tengler Investments, where she has managed growth, dividend-growth, and value portfolios for three decades. She joins Phil Rosen on Full Signal to discuss why she still sees the AI bull market in its early stages, whether hyperscaler cash burn and rising bond yields are real threats, and her highest-conviction stock picks heading into 2027.

This episode is sponsored by Y'all Street Asset Management: https://www.yallstreetetfs.com/

Subscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribe

Follow Phil on X: https://x.com/philrosenn

Follow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/

Timestamps:

0:00 - State of the AI bull market

2:02 - Why the doomer narrative persists

3:34 - Earnings outpacing stock prices

7:12 - Broadening-out trade stalls

9:20 - Hyperscaler free cash flow concerns

11:39 - Bond yields risk

16:16 - Walmart

17:53 - AMD

19:06 - Quanta Services

20:55 - Tesla

23:33 - CrowdStrike

25:24 - DR Horton

28:12 - Alphabet and Amazon

33:27 - Where to find Nancy's research

#podcast #investing #markets #tech #ai #macro #stocks #bitcoin #fed

Sonali Basak is the chief investment strategist for iCapital. She joins Phil Rosen on stage at Future Proof for a live episode of Full Signal to discuss the Federal Reserve's first rate hike in 3 years, funding the AI infrastructure buildout, hyperscalers tapping debt markets, and her favorite opportunities in the market right now.

Subscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribe

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Follow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/

TIMESTAMPS:

0:00 - First Fed hike in 3 years

3:11 - AI capex fueling growth

5:56 - Financing the AI buildout

9:22 - Treasury vs. Fed in bond market

11:05 - Rising 10-year yield risks

14:57 - Financials & Industrials

17:42 - AI bear case and sell-off

22:14 - What will we be wrong about?

25:34 - Public-to-private VC research

28:29 - iCapital research

#podcast #investing #markets #tech #ai #macro #stocks #bitcoin #fed

Nick Frasse is a product manager at VanEck, where he works on SMH, the largest US-listed semiconductor ETF with over $70 billion in assets. He joins Phil Rosen on Full Signal to discuss the most credible bear case for chips, why AI demand could make semiconductors less cyclical, the bottlenecks slowing the data center buildout, and why software companies with strong moats will likely hold up against AI.

This episode is sponsored by Y'all Street Asset Management: https://www.yallstreetetfs.com/

Subscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribe

Follow Phil on X: https://x.com/philrosenn

Follow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/

TIMESTAMPS:

0:00 - SMH and semiconductor demand

1:16 - Bear case for chips

5:27 - Semis collaborate, not compete

10:16 - Are semis still cyclical?

13:53 - SMHX and fabless chipmakers

15:32 - Asset-light vs. asset-heavy

16:59 - AI buildout bottlenecks

19:49 - Data centers, robotics, and space

21:25 - Grid-to-rack supply chain

22:51 - Financing the AI buildout

24:41 - Is AI killing software?

27:44 - Hyperscalers turning asset-heavy

29:21 - Robotics

30:52 - Follow Nick and VanEck

#podcast #investing #markets #tech #ai #macro #stocks #bitcoin #fed