Top of Mind with Consilio Wealth

Welcome to Top of Mind with Consilio Wealth! Chris Kaminski and Hao Dang break down the latest Fed rate hike, rising borrowing costs, and the challenges facing policymakers as inflation and oil prices remain elevated. They also explore the SEC’s move toward tokenized stock trading and the growing debate over how much regulation the AI industry needs.

We discuss:

➡️ The Fed’s latest rate hike and what it means for the economy
➡️ Rising mortgage rates and the challenges facing borrowers
➡️ How oil prices and inflation complicate future Fed decisions
➡️ The SEC clearing the way for tokenized stock trading
➡️ The potential impact of 24/7 stock trading and tokenized shares
➡️ Liquidity, custody, and operational concerns surrounding tokenized stocks
➡️ The growing debate over AI regulation and development
➡️ The U.S.-China AI race and the potential impact of new guardrails
➡️ Whether AI regulation could create advantages for larger incumbents

To learn more about us or stay in the loop, visit www.consiliowealth.com

Do you work at Microsoft, Amazon, Meta, or Google? Check out our free benefits guides

Submit a question to [email protected]

www.consiliowealth.com/disclosures 

Welcome to Top of Mind with Consilio Wealth! Chris Kaminski and Hao Dang break down the growing backlash against data centers, rising interest rates, and the challenges facing the U.S. economy. They also dive into Steve Ballmer’s NBA suspension, the SEC implications, and the latest Big Tech earnings and AI spending.

We discuss:

➡️ The growing backlash against data centers and their impact on communities

➡️ Rising interest rates, inflation, and higher fuel costs

➡️ Why higher rates may not solve inflation driven by energy prices

➡️ Steve Ballmer’s NBA suspension and the SEC implications

➡️ Big Tech earnings and the continued surge in AI spending

➡️ Microsoft, Amazon, Google, Apple, Meta, and Tesla’s latest results

➡️ The massive AI infrastructure buildout and who stands to benefit

To learn more about us or stay in the loop, visit www.consiliowealth.com

Do you work at Microsoft, Amazon, Meta, or Google? Check out our free benefits guides

Submit a question to [email protected]

www.consiliowealth.com/disclosures 

Welcome to Top of Mind with Consilio Wealth! Chris Kaminski and Hao Dang break down rising interest rates, inflation, and the growing U.S. debt burden before diving into SpaceX’s massive IPO and its potential impact on future public offerings. They also explore the rapid rise of prediction markets and the risks they pose to investors and consumers.

We discuss:
➡️ Rising Treasury rates, inflation, and the $40T+ U.S. debt
➡️ Why Treasury bond buybacks may not solve the underlying problem
➡️ SpaceX’s record-breaking IPO and innovative share-release strategy
➡️ What SpaceX’s IPO could mean for future mega-IPOs
➡️ Why fallen stocks don’t always bounce back
➡️ The explosive growth of prediction markets
➡️ The financial and behavioral risks of betting on prediction markets

To learn more about us or stay in the loop, visit www.consiliowealth.com

Do you work at Microsoft, Amazon, Meta, or Google? Check out our free benefits guides

Submit a question to [email protected]

www.consiliowealth.com/disclosures 

Welcome to Top of Mind with Consilio Wealth! Chris Kaminski and Hao Dang break down the latest market trends, from SpaceX’s post-IPO performance to the explosive rally in AI-driven memory stocks like Micron Technology. They also discuss the rotation away from the Magnificent Seven, the rise of affordable EVs, and the challenges the Fed faces as inflation remains sticky.

We discuss:
➡️ SpaceX’s IPO performance and what comes next
➡️ The massive rally in memory chip stocks led by Micron Technology
➡️ Why the Magnificent Seven is lagging despite strong markets
➡️ Affordable EV disruption and the future of car pricing
➡️ Inflation, interest rates, and the Fed’s ongoing dilemma

To learn more about us or stay in the loop, visit www.consiliowealth.com

Do you work at Microsoft, Amazon, Meta, or Google? Check out our free benefits guides

Submit a question to [email protected]

www.consiliowealth.com/disclosures 

Welcome to Top of Mind with Consilio Wealth!

Chris Kaminski and Hao Dang dive into the latest market and technology trends shaping the investment landscape. From SpaceX’s highly anticipated IPO structure and Anthropic’s trillion-dollar ambitions, to the growing costs of AI adoption and the rise of “token maxing,” they unpack what these shifts could mean for markets and investors. The conversation also explores extended options trading, AI infrastructure winners, and what today’s IPO boom signals for the future of tech.

We discuss:
➡️ SpaceX’s unique IPO structure and what it could mean for future mega-IPOs
➡️ Anthropic’s IPO filing and the race toward trillion-dollar AI companies
➡️ AI token maxing, rising costs, and why companies are rethinking AI usage
➡️ The hidden winners of AI growth — memory, networking, and infrastructure stocks
➡️ Extended after-hours options trading and risks for investors
➡️ Signs of market exuberance in private AI stock demand

To learn more about us or stay in the loop, visit www.consiliowealth.com

Do you work at Microsoft, Amazon, Meta, or Google? Check out our free benefits guides

Submit a question to [email protected]

www.consiliowealth.com/disclosures 

Welcome to Top of Mind with Consilio Wealth! Chris Kaminski and Hao Dang discuss the latest CPI report, the confirmation of Kevin Warsh as the new Fed Chair, and what it could mean for interest rates, inflation, and the housing market. They also explore a proposed SEC rule that could reduce company earnings reporting and what that means for investors.

We discuss:
➡️ Hot CPI data and sticky inflation
➡️ Kevin Warsh and the Fed’s path on interest rates
➡️ Housing market gridlock and mortgage rates
➡️ A proposed shift from quarterly to semiannual earnings reports
➡️ What all of this means for markets and investors

To learn more about us or stay in the loop, visit www.consiliowealth.com

Do you work at Microsoft, Amazon, Meta, or Google? Check out our free benefits guides

Submit a question to [email protected]

www.consiliowealth.com/disclosures 

Welcome to Top of Mind with Consilio Wealth! 

Chris Kaminski and Hao Dang break down a week of conflicting market signals—from strong Big Tech earnings and aggressive AI spending to a housing market stuck in neutral. They explore the growing disconnect between fundamentals and market reactions, the persistence of a K-shaped economy, and what it all means for investors navigating today’s environment.

We discuss:
 ➡️ Big Tech earnings beats—and why markets didn’t reward them
 ➡️ AI spending surge and questions around monetization
 ➡️ Diverging performance within the “Magnificent 7”
 ➡️ A frozen housing market with rising supply and weak demand
 ➡️ The impact of interest rates on buyers and sellers
 ➡️ Consumer resilience at the high end (Amex data insights)
 ➡️ Auto pricing, tariffs, and what’s really driving costs
 ➡️ Why market behavior isn’t always rational

To learn more about us or stay in the loop, visit www.consiliowealth.com

Do you work at Microsoft, Amazon, Meta, or Google? Check out our free benefits guides

Submit a question to [email protected]

www.consiliowealth.com/disclosures 

Welcome to Top of Mind with Consilio Wealth!

Chris Kaminski and Hao Dang continue the conversation on private credit, breaking down new data, CEO commentary, and what’s actually happening beneath the headlines. They unpack default rates, redemption trends, and the growing gap between strong and struggling managers, while challenging the narrative that the entire asset class is under stress. The episode also touches on market behavior, speculative AI trends, and emerging risks around data center expansion.

We discuss:
 ➡️ CEO perspectives from BlackRock and Franklin Templeton
 ➡️ Default rates, non-accruals, and what the data really shows
 ➡️ Fund flows, redemptions, and where capital is moving
 ➡️ Why manager selection matters more than ever
 ➡️ Media narratives vs. actual market conditions
 ➡️ The Allbirds AI pivot and speculative market behavior
 ➡️ Data center pushback and implications for AI growth

To learn more about us or stay in the loop, visit www.consiliowealth.com

Do you work at Microsoft, Amazon, Meta, or Google? Check out our free benefits guides

Submit a question to [email protected]

www.consiliowealth.com/disclosures 

Welcome to Top of Mind with Consilio Wealth!

Chris Kaminski and Hao Dang dive into the latest developments in private credit, unpacking the growing disconnect between publicly traded funds and their underlying illiquid assets. They break down what recent redemption spikes really mean, why liquidity mismatches matter, and how investor behavior is shaping the narrative. The conversation also explores what’s actually working in today’s market, the rotation away from big tech, and the buzz around a potential SpaceX IPO and shifting valuations.

We discuss:
➡️ The risks of putting illiquid private credit into liquid, publicly traded wrappers
➡️ What recent redemption spikes signal—and what the data actually shows
➡️ How retail investor behavior is impacting private credit markets
➡️ What sectors are outperforming in 2026 and why
➡️ The rotation away from mega-cap tech into “old economy” stocks
➡️ Big Tech valuation resets and whether this is a buying opportunity
➡️ SpaceX IPO speculation and the challenges of accessing private investments

To learn more about us or stay in the loop, visit www.consiliowealth.com

Do you work at Microsoft, Amazon, Meta, or Google? Check out our free benefits guides

Submit a question to [email protected]

www.consiliowealth.com/disclosures 

Welcome to Top of Mind with Consilio Wealth!

Chris Kaminski and Hao Dang break down the recent surge in private credit headlines, separating fear from fundamentals. They explore how the asset class works, why it has grown rapidly, and what’s driving concerns around rising redemptions, liquidity constraints, and potential defaults—especially in software-focused lending amid AI disruption. The conversation also touches on broader market pressures, including rising oil prices, inflation concerns, and the Fed’s rate outlook.

We discuss:
➡️ What private credit is and how it fits into the financial system
➡️ Why redemptions and “gating” are making headlines
➡️ The role of retail vs. institutional investors
➡️ AI’s impact on software companies and loan risk
➡️ Leverage inside private credit funds and systemic concerns
➡️ Recent moves from major players like Blackstone
➡️ What rising defaults could mean going forward

To learn more about us or stay in the loop, visit www.consiliowealth.com

Do you work at Microsoft, Amazon, Meta, or Google? Check out our free benefits guides

Submit a question to [email protected]

www.consiliowealth.com/disclosures