In this episode, Jerry and Michael examine whether the long-anticipated Santa Rally is still in play and why NDR’s “Don’t Fight the Fed” message continues to matter for investors. The conversation continues with an in-depth interview with RandyGrudzinski of Empire Group, where they explore major population shifts, rising multifamily demand from current generations, and how changes in supply are reshaping the broader housing and real estate landscape.

This week, we dig into the markets — starting with oil, where contrarian signals, rig counts, producer sentiment, and Tobin’s Q are all flashing interesting clues. We break down what seasonality and sentiment mean for stocks right now, andtake a hard look at the economy: from labor trends and unemployment to the strength of upper-end consumers and the outlook for possible Fed cuts in 2026. Then we’re joined by Ed Clissold of NDR for a wide-ranging conversation onvaluations, the AI craze, investor pessimism, market breadth, and how he sees the landscape shaping up through 2026 and beyond.

Get ready to see what’s shaping the future of the economy. In his episode, Jerry and Michael dive into government investment savings accounts for kids, explore the two major macro factors that could define the next decade, and provide the latest updates on the economy. They also take a close look at both bullish and bearish perspectives on the markets, giving you the insights you need to stay informed and ahead of the curve. Tune in and prepare for what’s ahead!