Episodes

  • Tariff Tantrum Ends, Recovery Takes Shape, & RIA vs Broker
    May 17 2025

    The Money Wise guys kick off this week’s episode by celebrating a strong rally in the markets and declaring the "tariff tantrum" officially over. The Dow surged 1,405 points (3.4%), the S&P 500 gained 298 points (5.3%), and the NASDAQ jumped 1,282 points (7.2%). That brought the Dow and S&P into positive territory for the year—up 0.3% and 1.3% respectively—while the NASDAQ is now down just 0.5% year-to-date. The spark for this surge? Productive trade talks in Switzerland between Treasury Secretary Bessette and Chinese officials, which resulted in a 90-day pause on the harshest proposed tariffs. The guys have long suspected those extreme tariffs would never be implemented, and the market's sharp V-shaped rebound has affirmed that outlook.

    They also discuss how the S&P 500 successfully broke through technical resistance at the 200-day moving average, signaling renewed strength in the market’s momentum. Despite ongoing media skepticism and the likelihood of more headline-driven bumps ahead, the team is optimistic that the worst of the tariff-related fear is in the rearview mirror. They note that there's still room for growth, with the S&P 500 about 3% off its February highs and the NASDAQ still 4.5% below its recent peak. As trade tensions ease, attention is beginning to shift toward domestic policy—particularly the proposed “big beautiful tax bill,” which has hit some pushback. While it's a work in progress, the market hasn’t reacted negatively to political debate, another encouraging sign for investors moving forward.

    Recovery Taking Shape

    After weeks of uncertainty and technical stagnation, the market finally broke through resistance at the S&P 500’s 200-day moving average, confirming a V-shaped recovery. The Dow, S&P, and NASDAQ all posted major gains on the week, bringing the indexes closer to their previous highs. While there's still ground to cover—the S&P is about 3% off its February peak, and the NASDAQ is 4.5% below its December high—the team emphasized that recovery isn’t just about bouncing back, but continuing to build. With technical strength returning and investor sentiment improving, the foundation is being laid for a new phase of growth.

    In the second hour, the Money Wise guys explore RIA vs. Broker. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

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    1 hr and 21 mins
  • Sideways Markets, Trade Deal Hopes, & The Best Investment Advice Ever
    May 11 2025

    This week on Money Wise, the “three amigos” take over hosting duties to break down another relatively quiet but technically meaningful week on Wall Street. The Dow dipped slightly by 0.16%, the S&P 500 slipped 0.47%, and the NASDAQ fell just 0.27%. Year-to-date, the major indexes are still in negative territory, with the Dow down 3%, the S&P down 3.8%, and the NASDAQ down 7.2%. Despite the modest weekly moves, the team points to an important technical development: the S&P 500 moved above its 50-day moving average, creating a new level of support, but continues to face resistance at the 200-day moving average. They liken the current market pattern to a “cha-cha” or a truck stuck in the mud, moving sideways until there’s more clarity on trade negotiations—particularly with China.

    The Money Wise guys discuss how upcoming meetings between U.S. officials and Chinese trade representatives could play a key role in determining whether the market breaks out of its current range. While headline noise continues, the team believes we may already be past the worst of the negative sentiment. April's market performance—down less than 1% despite volatile news flow—was cited as evidence of resilience. With the S&P 500 still 7.9% off its February highs, the guys emphasize that there's still plenty of room for growth and encourage investors not to assume they’ve “missed” the recovery. Their closing message: stay level-headed, tune out the media spin, and lean on long-term fundamentals.

    Trade Deal Hopes

    The Money Wise guys emphasize the significance of upcoming trade negotiations between the U.S. and China, noting that a well-received framework could be the catalyst markets need to break out of their current sideways pattern. With Secretary Bessette expected to meet with Chinese officials, early talks are focusing on de-escalating current tariff measures before diving into a more comprehensive trade plan. The guys believe that a positive outcome—especially one that avoids reinstating the harsher tariffs previously announced—could ease investor anxiety and inject new momentum into the market. While political noise will likely continue, they point out that both economic and political pressures make it unlikely that the full slate of punitive tariffs will be enforced. If meaningful progress is made, it could help the S&P 500 push past its 200-day moving average and reignite broader investor confidence.

    In the second hour, the Money Wise guys share The Best Investment Advice Ever . You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

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    1 hr and 21 mins
  • Market Resilience, the 90-Day Tariff Countdown, & Equity Index Annuities
    May 3 2025

    This week on Money Wise, the guys recap another positive stretch for markets as the Dow climbed 1,204 points (3%), the S&P 500 rose 161 points (2.9%), and the NASDAQ jumped 595 points (3.4%). Despite ongoing tariff worries, the indexes continue to recover from earlier declines. Year-to-date, the Dow remains down 2.9%, the S&P 500 is off 3.3%, and the NASDAQ is still down 6.9%. April itself ended with mixed results — while the Dow and S&P were slightly negative, the NASDAQ managed a modest gain, highlighting how quickly sentiment has shifted. The Money Wise guys point to the market’s nine-day winning streak as a reminder of why emotional investing and market timing can be dangerous. Investors who stepped aside during the tariff turmoil likely missed a major rebound, reinforcing the team’s advice to stay disciplined and diversified.

    Much of the discussion centers around the ongoing trade situation and its evolving impact on market dynamics. While uncertainty remains, the guys are cautiously optimistic that the harshest tariff measures may never materialize. They emphasize that with 60 days left in the current negotiating window, many global trading partners — especially China — appear motivated to reach deals. Recent headlines, such as China’s willingness to discuss fentanyl trade issues, fueled hopes of progress. The team also acknowledges political considerations, noting that with midterms approaching and tax policy goals on the table, President Trump may be inclined to soften tariff plans to avoid jeopardizing economic momentum. In short, while headline risk remains, the market’s resilience and improving breadth suggest investors should stay focused on fundamentals and avoid reacting emotionally to every twist in the news cycle.

    The 90-Day Tariff Countdown

    The Money Wise guys spotlight the ongoing 90-day tariff countdown, emphasizing how it continues to hang over the market and shape investor sentiment. While uncertainty remains, they express confidence that the harshest tariff measures announced on April 2 may ultimately never be implemented. With about 60 days left in the negotiation window, key trading partners—especially China—are showing signs of willingness to come to the table, evidenced by recent talks around sensitive issues like fentanyl. The hosts note that political pressures, including upcoming midterm elections and the desire to push tax legislation forward, may further motivate President Trump to ease or delay tariff plans. For now, the countdown keeps markets headline-driven, but the team believes an all-out tariff escalation remains unlikely.

    In the second hour, the Money Wise guys discuss Equity Index Annuities. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

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    1 hr and 21 mins
  • Earnings Season Kicks Off, Managing the Noise & What Wall Street Won’t Tell You
    Apr 27 2025

    This week on Money Wise, the team recaps a strong rebound for the markets. The Dow rose 971 points (2.5%), the S&P 500 gained 243 points (4.6%), and the NASDAQ jumped 1,096 points (6.7%). Year-to-date losses are still present—with the Dow down 5.7%, the S&P down 6.1%, and the NASDAQ down 10%—but the gap from all-time highs is closing. The S&P and Dow are each about 10–11% off their highs, and the NASDAQ has improved significantly, now only about 14% off. Much of the rally was attributed to strong earnings results, particularly from the "Magnificent 7" tech stocks, which have contributed 14.8% of the S&P 500’s first-quarter earnings growth so far.

    The Money Wise guys also reflect on the week's political drama, with markets initially rattled after President Trump’s comments about firing Fed Chairman Powell, leading to a sharp 1,000-point drop in the Dow. However, calmer voices—particularly Treasury Secretary Bessette—seemed to prevail, with Trump later walking back his comments, helping markets rebound. The guys emphasize that while the market is still dealing with the fallout from the ongoing tariff issues, earnings season offers real opportunities, especially beyond the top tech names. Their reminder to investors: stay focused on fundamentals and don’t let headline-driven volatility knock you off course.

    Earnings Season Kicks Off

    Starting off the show, the Money Wise guys highlight that earnings season is now in full swing, bringing a critical shift in market focus away from political headlines and back toward company fundamentals. They point out that while the "Magnificent 7" tech stocks have driven much of the early earnings growth—contributing nearly 15% so far—the broader market is starting to show more opportunities beyond just big tech. With major companies like Amazon, Apple, and Microsoft reporting in the coming days, the team emphasize that this is the "meat and potatoes" part of earnings season, where real market leadership and broader participation could start to emerge.

    In the second hour, the Money Wise guys divulge what Wall Street Won’t Tell You. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

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    1 hr and 21 mins
  • Market Holds in Uncertainty, The L-Shaped Recovery Debate, & RIA vs. Broker
    Apr 19 2025

    This week on Money Wise, the team recaps another choppy stretch for the markets as the Dow dropped 1,070 points (2.7%), the S&P 500 fell 81 points (1.5%), and the NASDAQ lost 438 points (2.6%). Year-to-date, losses continue to deepen with the Dow down 8%, the S&P 500 down 10.2%, and the NASDAQ down 15.7%. The Money Wise guys agree that we remain in the thick of what they’re calling a “tariff tantrum,” with ongoing headline-driven volatility and no clear end in sight. Trading volume has fallen below average on both the buy and sell sides, signaling that many investors are taking a wait-and-see approach as negotiations with global trading partners get underway.

    The team discuss the likelihood of an "L-shaped recovery" rather than a fast V-shaped rebound, emphasizing that uncertainty around tariff negotiations is keeping markets stuck in a sideways trading range. While there’s cautious optimism that some policies may shift or soften—especially as pressure builds heading into the 90-day trade negotiation deadline—they note that confidence among institutional investors remains low. Still, there are selective opportunities emerging in beaten-down sectors like tech, and the Money Wise guys have been making targeted moves. Their takeaway: In a market this headline-sensitive, discipline, diversification, and emotional restraint remain essential.

    The L-Shaped Recovery Debate

    The Money Wise team explores the idea of an "L-shaped recovery," contrasting it with the swift, V-shaped rebound seen during the COVID-era downturn. In this scenario, the market experiences a sharp drop followed by a prolonged period of stagnation, rather than a quick climb back. With investor confidence shaken and uncertainty lingering around ongoing tariff negotiations, the guys agree this slower, flatter trajectory may be more realistic. They point to low trading volume and lack of decisive direction as signs that many investors are in a holding pattern—waiting for clarity before reentering the market in a meaningful way.

    In the second hour, the Money Wise guys explore RIA vs. Broker. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

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    1 hr and 20 mins
  • Markets Rebound, Emotional Investing, & The Best Investment Advice Ever
    Apr 12 2025

    As always, the Money Wise guys kick off this week with a look into the numbers from Wall Street. Thankfully, the markets delivered a dramatic turnaround, with the Dow up 1,898 points (5%), the S&P 500 gaining 289 points (5.7%), and the NASDAQ soaring 1,137 points (7.3%). While year-to-date numbers remain negative—Dow down 5.5%, S&P 500 down 8.8%, and NASDAQ down 13.4%—the guys unpack what they call one of the wildest weeks in market history, particularly Wednesday’s rally, which ranked among the top 10 point gains for the Dow. The Money Wise guys compare the volatility to COVID-era swings but emphasize that this time, the chaos is largely self-inflicted—driven by headlines, tweets, and the ongoing uncertainty surrounding Trump’s tariff plans.

    Much of the conversation focuses on how investor emotions—from despair to euphoria—can wreak havoc in volatile environments like this. The team stress the importance of staying invested and not letting fear drive decisions, citing that missing just a few of the market’s biggest up days can drastically cut long-term returns. They also discuss Trump’s strategic pivot on tariffs, which may lead to long-term benefits—including potential revenue generation to extend tax cuts. With policy uncertainty still hanging over the markets, they want to remind listeners that disciplined, balanced investing is more important than ever—especially when a single tweet can send stocks soaring or crashing.

    Emotional Investing

    This week, the Money Wise team emphasizes that emotional investing is one of the most damaging habits an investor can fall into—especially during volatile periods like this. Making decisions based on fear, panic, or even excitement can lead to costly mistakes, such as pulling out of the market right before a major rebound. They point out that missing just a handful of the market’s biggest up days—like this week’s historic rally—can drastically reduce long-term returns. In environments driven by headlines and political uncertainty, keeping emotions in check and staying committed to a long-term strategy is key to avoiding self-inflicted financial setbacks.

    In the second hour, the Money Wise guys share The Best Investment Advice Ever . You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

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    1 hr and 21 mins
  • Historic Market Drop, Tariff Tantrums & Equity Index Annuities
    Apr 6 2025

    This week, the Money Wise guys focus on one of the most volatile market stretches in recent memory, as the Dow dropped 3,269 points (7.9%), the S&P 500 fell 507 points (9.1%), and the NASDAQ plunged 1,735 points (10%). Year-to-date numbers now show steep losses, with the Dow down 9.9%, the S&P down 13.7%, and the NASDAQ down 19.3%. The team zero in on what they dubbed the “tariff tantrum,” triggered by President Trump’s trade policy announcements mid-week. Thursday and Friday alone accounted for the #3 and #4 worst point-loss days in Dow history, with the S&P 500 losing a staggering $4.9 trillion in market capitalization across just two sessions.

    The guys push back against what they called an “asinine overreaction,” blaming politically motivated selling, algorithmic trading, and a media environment eager to cast a negative light on Trump’s agenda. They argue the market’s response was out of proportion to the actual policy implications and point out that similar trade imbalance issues have persisted for decades without such dramatic selloffs. With fear and sentiment driving the downturn—not fundamentals—the message is clear: stay focused, stay invested, and don’t let emotional headlines derail long-term plans.

    Historic Market Drop

    The team emphasizes the sheer magnitude of this week’s market drop, calling it one of the most historic in recent memory. They highlight that Thursday and Friday marked the third and fourth largest single-day point losses in the history of the Dow, rivaling even the volatility seen during the COVID era. More striking, they note, was the $4.9 trillion in market capitalization wiped out from the S&P 500 alone—just over two days. While acknowledging the seriousness of the decline, they question whether the reaction was proportionate to the news, calling it an emotionally charged overcorrection rather than a reflection of true economic fundamentals.

    In the second hour, the Money Wise guys discuss Equity Index Annuities. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

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    1 hr and 21 mins
  • Market Dips Amid Sentiment Swings, ‘Liberation Day’ Anticipation, & What Wall Street Won’t Tell You
    Mar 29 2025

    This week, the Money Wise guys analyze a volatile market week, with the Dow down 1%, the S&P 500 down 1.5%, and the NASDAQ dropping 2.6%. A “buyer strike” seemed evident, with the last three trading days seeing unusually low volume, suggesting traders are waiting for clarity on April 2—dubbed "Liberation Day"—when new tariff policies may take shape. The discussion highlights how sentiment, often driven by media narratives and economic indicators like the Michigan Consumer Sentiment Index and PCE inflation data, continues to fuel market swings. Friday saw another sharp decline, which the guys attribute to knee-jerk reactions rather than fundamental shifts. The team emphasizes the challenge of navigating a market increasingly influenced by headlines rather than hard data.

    ‘Liberation Day’ Anticipation

    “Liberation Day,” a term jokingly given to April 2, refers to the hope that markets might finally break free from the constant barrage of tariff-related headlines. The Money Wise guys express frustration with how trade policy news has dominated market sentiment, creating heightened volatility. They note that traders seem to be holding back, waiting to see how the administration’s next moves unfold before making big market decisions. The guys speculate that if the April 2 announcement brings clarity and stability, it could provide much-needed relief from the uncertainty that has weighed on investor emotions throughout the quarter. However, they also acknowledge that if the announcement sparks more confusion, the cycle of sentiment-driven market swings could continue.

    In the second hour, the Money Wise guys divulge what Wall Street Won’t Tell You. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

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    1 hr and 21 mins
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