The Independent Advisors

If you’ve been enjoying The Independent Advisors podcast for a while now and want to take the next step in your financial journey, I’d encourage you to head to our website, jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) . Matt offers a 15-minute initial call where you can discuss your financial goals and see if JWM is a good fit for your needs.

Scheduling is easy—once you land at jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) just click “Schedule Initial Call” and select a time that works best for you! There’s a quick survey to fill out that will help guide the conversation and ensure your time is used efficiently.

If you’re ready to learn more, visit jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) and book your call today!

Take advantage of our partnership with LifeLock and get discounts using our link: https://lifelock.norton.com/offers?expid=LLONEYEAR&promocode= JSPW24&VENDORID= _JESSUPWM&om_ext_cid=ext_partner_ JSPW24_Productpage $) 

If you’ve been enjoying The Independent Advisors podcast for a while now and want to take the next step in your financial journey, I’d encourage you to head to our website, jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) . Matt offers a 15-minute initial call where you can discuss your financial goals and see if JWM is a good fit for your needs.

Scheduling is easy—once you land at jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) just click “Schedule Initial Call” and select a time that works best for you! There’s a quick survey to fill out that will help guide the conversation and ensure your time is used efficiently.

If you’re ready to learn more, visit jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) and book your call today!

Take advantage of our partnership with LifeLock and get discounts using our link: https://lifelock.norton.com/offers?expid=LLONEYEAR&promocode= JSPW24&VENDORID= _JESSUPWM&om_ext_cid=ext_partner_ JSPW24_Productpage $)

#349 Topics

• Market rebound & performance trends (02:00) – Strong April/May gains across S&P 500, Nasdaq, and small caps; rapid V-shaped recovery after ~10% drop

• Earnings as primary catalyst (04:00) – Q1 earnings significantly beat expectations, driving market strength

• Shift back to fundamentals (06:30) – Focus moving to long-term earnings outlook over geopolitical concerns

• Seasonality & historical patterns (08:00) – Strong April performance historically signals positive full-year returns

• Rising interest rate environment (11:00) – Potential long-term shift away from decades of falling rates

• Inflation & bond market signals (12:30–13:00) – Persistent inflation expectations reflected in bond yields and TIPS performance

• Bond risk & portfolio implications (14:00–15:00) – Bonds not inherently “safe”; challenges to traditional allocation strategies

• Federal Reserve policy outlook (19:00–21:30) – Shift toward more hawkish stance; fewer/slower rate cuts expected

• U.S. debt & fiscal concerns (22:00–23:00) – Debt surpassing 100% of GDP; potential inflationary risks

• Tech sector valuations & comparisons (25:00–29:30) – Strong fundamentals vs. dot-com era; emphasis on disciplined, long-term investing

Show Notes:

Post on X from Ryan Detrick on 4.30.26 - https://x.com/ryandetrick/status/2049866359559872599?s=12&t=Godkt5FzuqWcmpmvo2G5Jg

Post on X from Thierry Borgeat on 4.27.26 - https://x.com/ThierryBorgeat/status/2048836500557554097?s=20

Post on X from Steve Deppe on 4.28.26 - https://x.com/sjd10304/status/2049169078934204831?s=12&t=Godkt5FzuqWcmpmvo2G5Jg

Hosts:

Mark McEvily - Chief Investment Officer and Managing Partner

Matthew Jessup – Chief Executive Officer, Chief Compliance Officer, and Managing Partner

Address: 35 Park Ave. Dayton, OH 45419

Phone: 937-938-9105 https://www.jessupwealthmanagement.com/

Social Media: Facebook: @JessupWealthManagement LinkedIn: @JessupWealthManagement Twitter: @jessupwealth Instagram: @jessupwealth

https://www.jessupwealthmanagement.com/disclosures-page

If you’ve been enjoying The Independent Advisors podcast for a while now and want to take the next step in your financial journey, I’d encourage you to head to our website, jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) . Matt offers a 15-minute initial call where you can discuss your financial goals and see if JWM is a good fit for your needs.

Scheduling is easy—once you land at jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) just click “Schedule Initial Call” and select a time that works best for you! There’s a quick survey to fill out that will help guide the conversation and ensure your time is used efficiently.

If you’re ready to learn more, visit jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) and book your call today!

LifeLock Promo Code:

Take advantage of our partnership with LifeLock and get discounts using our link: https://lifelock.norton.com/offers?expid=LLONEYEAR&promocode= JSPW24&VENDORID= _JESSUPWM&om_ext_cid=ext_partner_ JSPW24_Productpage $) 

#348 Topics:

• Increasing Earnings Estimates
• New Fed Chair’s impact on market behavior
• May Jobs Report
• Oil Supply update
• CME Rates

If you’ve been enjoying The Independent Advisors podcast for a while now and want to take the next step in your financial journey, I’d encourage you to head to our website, jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) . Matt offers a 15-minute initial call where you can discuss your financial goals and see if JWM is a good fit for your needs.

Scheduling is easy—once you land at jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) just click “Schedule Initial Call” and select a time that works best for you! There’s a quick survey to fill out that will help guide the conversation and ensure your time is used efficiently.

If you’re ready to learn more, visit jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) and book your call today!

Take advantage of our partnership with LifeLock and get discounts using our link: https://lifelock.norton.com/offers?expid=LLONEYEAR&promocode= JSPW24&VENDORID= _JESSUPWM&om_ext_cid=ext_partner_ JSPW24_Productpage $) 

Show Notes:

Post on X from Matt Cerminaro, who we have had on the podcast before, on 4.15.26 - https://x.com/mattcerminaro/status/2044546097230626819

Chart from Ryan Detrick from Carson Investment Research on 4.10.26 - https://x.com/ISABELNET_SA/status/2044699590130090009

If you’ve been enjoying The Independent Advisors podcast for a while now and want to take the next step in your financial journey, I’d encourage you to head to our website,

jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) . Matt offers a 15-minute initial call where you can discuss your financial goals and see if JWM is a good fit for your needs.

Scheduling is easy—once you land at jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) just click “Schedule Initial Call” and select a time that works best for you! There’s a quick survey to fill out that will help guide the conversation and ensure your time is used efficiently.

If you’re ready to learn more, visit jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) and book your call today!

Take advantage of our partnership with LifeLock and get discounts using our link:

https://lifelock.norton.com/offers?expid=LLONEYEAR&promocode= JSPW24&VENDORID= _JESSUPWM&om_ext_cid=ext_partner_ JSPW24_Productpage $) 

Show Notes:

Post on LinkedIn from Peter Mallouk on April 4th -

https://www.linkedin.com/posts/peter-mallouk_over-the-last-75-years-the-average-intra-year-share-7444847892332199936-wAUq/?

Post on X from Ben Carlson on March 30th - https://x.com/awealthofcs/status/2038627241551085823

Post on X from Charlie Bilello on March 29th - https://x.com/charliebilello/status/2038333777592684809

#346 Topics:

·       Sentiment shift & investor positioning (04:52)

·       Market psychology & faster moves (06:23)

·       Historical drawdowns & recovery patterns (09:15–12:26)

·       Client engagement & resources (07:56–14:02)

·       Earnings strength & fundamentals (16:25–18:45)

·       VIX signals & volatility outlook (21:09–21:30)

·       Long-term volatility & risk management (24:29–25:47)

·       Investment philosophy & staying invested (17:50, 26:00)

If you’ve been enjoying The Independent Advisors podcast for a while now and want to take the next step in your financial journey, I’d encourage you to head to our website, jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) . Matt offers a 15-minute initial call where you can discuss your financial goals and see if JWM is a good fit for your needs.

Scheduling is easy—once you land at jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) just click “Schedule Initial Call” and select a time that works best for you!

There’s a quick survey to fill out that will help guide the conversation and ensure your time is used efficiently.

If you’re ready to learn more, visit jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) and book your call today!

Take advantage of our partnership with LifeLock and get discounts using our link:

https://lifelock.norton.com/offers?expid=LLONEYEAR&promocode= JSPW24&VENDORID= _JESSUPWM&om_ext_cid=ext_partner_ JSPW24_Productpage $)

Market performance, yields & geopolitics (02:39–03:38)

US dollar trends & equity headwinds (05:48–07:39)

Bear market signals & short interest (09:22, 24:58)

Private credit liquidity risks (11:41–16:15)

Economic sentiment & Fed outlook (19:09–23:41)

Positioning & market timing cautions (03:38, 25:20)

Hosts:

Mark McEvily - Chief Investment Officer and Managing Partner

Matthew Jessup – Chief Executive Officer, Chief Compliance Officer, and Managing Partner

Address: 35 Park Ave. Dayton, OH 45419

Phone: 937-938-9105

https://www.jessupwealthmanagement.com/

Social Media:

Facebook: @JessupWealthManagement

LinkedIn: @JessupWealthManagement

Twitter: @jessupwealth

Instagram: @jessupwealth

https://www.jessupwealthmanagement.com/disclosures-page

If you’ve been enjoying The Independent Advisors podcast for a while now and want to take the next step in your financial journey, I’d encourage you to head to our website, jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) . Matt offers a 15-minute initial call where you can discuss your financial goals and see if JWM is a good fit for your needs.

Scheduling is easy—once you land at jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) just click “Schedule Initial Call” and select a time that works best for you!

There’s a quick survey to fill out that will help guide the conversation and ensure your time is used efficiently.

If you’re ready to learn more, visit jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) and book your call today!

Take advantage of our partnership with LifeLock and get discounts using our link:

https://lifelock.norton.com/offers?expid=LLONEYEAR&promocode= JSPW24&VENDORID= _JESSUPWM&om_ext_cid=ext_partner_ JSPW24_Productpage $)

344 Topics:

• Markets pulled back in Q1; Nasdaq in correction, volatility rising, but historically normal
• Sentiment signals (high correlation, put buying) suggest a potential market bottom forming
• Tech stocks attractive: Magnificent Seven down, valuations cheaper despite strong earnings growth
• Geopolitical tensions driving short-term noise, not long-term fundamentals
• Historical trends (midterm years) point to volatility followed by strong recoveries
• Scam awareness: rising cybercrime and “recovery scams” targeting investors
• Earnings season ahead could shift focus back to fundamentals and spark a rebound
• Show Notes:

Post on X from The Chart Report on 3.27.26 - https://x.com/TheChartReport/status/2037520080737546310

Post on X from JC Parets on 3.27.26 - https://x.com/JC_ParetsX/status/2037565066174677041

Article on March 13th from Tara Siegel Bernard with the NYT titled “His Father Lost His Life’s Savings in a Scam. A Fake Lawyer Offered to Help.” - https://www.nytimes.com/2026/03/13/business/financial-fraud-money-scams-elderly-recovery.html?

If you’ve been enjoying The Independent Advisors podcast for a while now and want to take the next step in your financial journey, I’d encourage you to head to our website, jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) . Matt offers a 15-minute initial call where you can discuss your financial goals and see if JWM is a good fit for your needs.

Scheduling is easy—once you land at jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) just click “Schedule Initial Call” and select a time that works best for you!

There’s a quick survey to fill out that will help guide the conversation and ensure your time is used efficiently.

If you’re ready to learn more, visit jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) and book your call today!

Take advantage of our partnership with LifeLock and get discounts using our link:

https://lifelock.norton.com/offers?expid=LLONEYEAR&promocode= JSPW24&VENDORID= _JESSUPWM&om_ext_cid=ext_partner_ JSPW24_Productpage $)

Show Notes

Article from David Harrell on Morningstar titled “Don’t Fall for This Common Dividend Mistake When Investing for Retirement” on 10/30/2025 - https://www.morningstar.com/retirement/dont-fall-this-common-dividend-mistake-when-investing-retirement

Post on X from Ryan Detrick on 3.20.26 - https://x.com/RyanDetrick/status/2035042415774511545

Financial Planning Topic of the Week

https://www.plancorp.com/blog/mega-backdoor-roth

343 Topics:

• Oil shocks ≠ long-term losses: Markets have historically delivered strong gains following major oil price spikes
• Corrections are healthy: Multiple pullbacks per year are typical, even in strong bull markets
• Dividend yield ≠ total return: High yields can be misleading if price declines offset income
• Covered call ETFs trade growth for income: Higher yields come with capped upside and often lower total returns
• Pullbacks can be buying opportunities: Retests of prior highs often act as strong entry points
• Mega Backdoor Roth = major opportunity: High earners can significantly boost tax-free retirement savings if their plan allows it

If you’ve been enjoying The Independent Advisors podcast for a while now and want to take the next step in your financial journey, I’d encourage you to head to our website, jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) . Matt offers a 15-minute initial call where you can discuss your financial goals and see if JWM is a good fit for your needs.

Scheduling is easy—once you land at jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) just click “Schedule Initial Call” and select a time that works best for you!

There’s a quick survey to fill out that will help guide the conversation and ensure your time is used efficiently.

If you’re ready to learn more, visit jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) and book your call today!

Take advantage of our partnership with LifeLock and get discounts using our link:

https://lifelock.norton.com/offers?expid=LLONEYEAR&promocode= JSPW24&VENDORID= _JESSUPWM&om_ext_cid=ext_partner_ JSPW24_Productpage $)

Post on X from Ryan Detrick at Carson Investment Research on 3.12.26 - https://x.com/ryandetrick/status/2032190129180123211?

Posts on X regarding the VIX from Seth Golden on 3.10.26 & SubuTrade on 3.9.26 - https://x.com/sethcl/status/2031428550796923169?

https://x.com/subutrade/status/2031014375923101766?

#3: Post on X from Sam McCallum on 3.9.26 - https://x.com/honeystocks1/status/2031114276333670872?

• Markets declined in March with increased volatility
• Geopolitical tensions and oil price swings adding uncertainty
• Fed holding rates steady; consumer remains strong
• Market signals show mixed outlook—fear levels may signal opportunity
• Weakness is broader than headline indices suggest
• Avoid reacting to short-term headlines
• Stay focused on long-term financial strategy
• Quick tip: Use authenticator apps for stronger account security

If you’ve been enjoying The Independent Advisors podcast for a while now and want to take the next step in your financial journey, I’d encourage you to head to our website, jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) . Matt offers a 15-minute initial call where you can discuss your financial goals and see if JWM is a good fit for your needs.

Scheduling is easy—once you land at jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) just click “Schedule Initial Call” and select a time that works best for you!

There’s a quick survey to fill out that will help guide the conversation and ensure your time is used efficiently.

If you’re ready to learn more, visit jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) and book your call today!

Take advantage of our partnership with LifeLock and get discounts using our link:

https://lifelock.norton.com/offers?expid=LLONEYEAR&promocode= JSPW24&VENDORID= _JESSUPWM&om_ext_cid=ext_partner_ JSPW24_Productpage $)

Show Notes:

Post on X from Cullen Roche on 3.6.26 - https://x.com/cullenroche/status/2029923375582433519?s=12&t=Godkt5FzuqWcmpmvo2G5Jg

Blog Post on Business Insider detailing what happened when a Meta Director let an AI tool take over her email - https://www.businessinsider.com/meta-ai-alignment-director-openclaw-email-deletion-2026-2

Post on X from Ryan Detrick on 3.6.26 - https://x.com/ryandetrick/status/2029993317849833557?s=12&t=Godkt5FzuqWcmpmvo2G5Jg

Post on X from ISABELNET on 2/2/26 with data from Carson Investment Research - https://x.com/isabelnet_sa/status/2018260327805194503?s=12&t=Godkt5FzuqWcmpmvo2G5Jg

Post on X from EquityClock on 1.26.26 - https://x.com/EquityClock/status/2015971749976764603?s=20

Blog Post from Maura Mcinerney-Rowely titled “3 types of wills you should know about before you die” - https://hellomortal.substack.com/p/3-types-of-wills-you-should-know 

#341 topics:

• Seasonality
• Geopolitical volatility
• Valuation comparisons
• Investor positioning
• Creating an ethical will