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David Busch previews the Federal Open Market Committee meeting. He emphasizes the importance of the Fed’s tone in its statement and press conference for shaping market expectations. Busch also explains how falling oil prices tied to a potential Iran conflict resolution could ease inflation and influence future rate decisions.
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Sam Radwan examines the Chinese economy and discusses his takeaways from recent economic data in China, which he believes shows some signs of weakness. He also breaks down China’s position in the AI arms race and analyzes the Chinese regulatory landscape.
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Zed Francis expects Wednesday will be an "event" as all eyes rest of new FOMC Chair Kevin Warsh and anticipation to how he will tackle interest rates. He notes risk being priced into the decision and whether Warsh will follow up on what his leadership will look like. "If he's true to word, basically, it means a steeper curve," says Zed. He then talks about volatility trends and the near "complete removal" of geopolitical risk and why the VIX doesn't tell the whole story. Zed also points out options trends to watch in AI chip stocks.
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Brian Jacobsen and Robert Schein break down the first FOMC meeting under Kevin Warsh, focusing on his communication style, balance sheet stance, and handling of political pressure. They examine the dot plot, inflation outlook, and how AI investment could influence deflation, while also previewing potential bond market reactions to the Fed’s messaging.
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David Liebowitz talks about updated on the Clarity Act legislative process and headwinds to monitor for the legislation. He discusses why Solana could benefit from the Clarity Act and crypto trends and flows to monitor as the Trump administration ramps up adoption efforts.
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Supply chain bottlenecks and margin pressures are two key headwinds Ali Mogharabi sees for Apple (AAPL) that can hit what he considers strong demand for its products. A memory shortage making tech products more expensive adds to those uncertainties, though Ali believes Apple can pass rising costs onto the consumer. He points out opportunity for companies involved in Apple's massive tech ecosystem, including Arm (ARM) and TSMC (TSM).
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Nationwide Mutual's Senior Vice President and Chief Economist Kathy Bostjancic says the Fed may be approaching a neutral stance, but inflation is expected to remain above the 2% target through year-end. She sees the Fed holding steady for now, with rate cuts likely pushed into next year, while noting that reduced Fed communication could spark volatility even as the labor market and AI investment signal underlying economic strength.
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LikeFolio's Landon Swan says CarMax (KMX) is regaining momentum, with demand data showing a 20% year-over-year jump and positioning the company back in the fight with Carvana (CVNA). He expects solid earnings ahead, but argues much of that strength is already priced into the stock, limiting near-term upside.
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Rob Thummel and Ben Cook discuss the energy market's outlook following a tentative U.S.-Iran memorandum of understanding. Ben says there are reasons for concern over hiccups associated with future discussion and supplies will continue to be a challenge. Rob talks about the outlook for crude oil and what could result in higher oil prices. They point out that even with a full reopening of the Strait of Hormuz, it could still take several months until we get to a full restoration of transit activity.
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SpaceX (SPCX) has surpassed Amazon's (AMZN) market cap in intraday trading Tuesday, marking a monumental moment for the company. Andrew Chanin talks about the recent buying frenzy in SpaceX since its IPO, along with new plans to acquire cursor in a $60 billion deal. He later offers more perspective on the growing role space companies have in the U.S. economy.
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