Michael Purves

Michael Purves, CEO of Tallbacken Capital Advisors, dives into market positioning and the implications of AI on capital spending. He explains how stocks are reacting to delayed economic data and discusses a K-shaped economy. Glenn Hubbard, former Dean of Columbia Business School, assesses the Fed's challenges and the ambiguous impact of AI on the labor market and productivity. Meanwhile, Sir Howard Stringer reflects on the BBC crisis, advocating for its public funding to maintain trust, and explores the challenges facing modern media.

Join market strategist Michael Purves as he warns about the risks of AI capex not yielding returns, contrasting today's frenzy with the late '90s tech bubble. US economist Michael Reid outlines a 'stagflation light' for 2026, highlighting low growth and sticky inflation, while George Pollack discusses the political implications of expiring healthcare subsidies and AI as a key campaign issue. Finally, Barbara Doran provides insights on the Fed's cautious approach and expectations for sector rotations in the year ahead.

Michael Purves, CEO of Tallbacken Capital Advisors, dives into the turbulent waters of the financial market, sharing insights on potential risks for the S&P 500. He discusses the growing concerns of a recession and how traders are bracing for Federal Reserve rate cuts. Purves believes the S&P could hit lows of 4,000 due to shifting market dynamics influenced by recent tariff policies. His analysis emphasizes the urgent need for strategies amidst rising economic uncertainties and a changing investment landscape.

Michael Purves and Josh Silva analyze the impact of rising interest rates on the economy, VIX, and equity market volatility. They delve into historical comparisons with the 90's tech-driven rally, discuss potential implications of 4.5% or 5% Treasury Yields on VIX and stocks, and explore the effects of inflation control on fixed income and equity markets.

Financial experts Michael Purves and Josh Silva dive into topics such as the upcoming Fed meeting, market expectations, equity market dynamics, interest rate effects, Fed mandates, rate volatility, VIX behavior, and the 'Dual Goldilocks' concept.

In this discussion, David Kelly, Chief Global Strategist at JPMorgan Asset Management, analyzes the K-shaped recovery and its implications for the economy in 2026. George Bory, Chief Investment Strategist at Allspring Global Investments, emphasizes the need for bond portfolio diversification amid diverging central bank policies. Michael Purves, CEO of Tallbacken Capital Advisors, forecasts increased M&A activity driven by competitive pressures in the AI landscape, alongside concerns about the limits of equity growth despite favorable market conditions.

Presidential historian Andy Rudalevige discusses reshaping American political moments, swing voter perspectives, the uptick in Trump trade, and market volatility. Foreign affairs expert Robert D. Kaplan explores geopolitical implications. Chapters cover imperial presidency, VP picks, market dynamics, and cybersecurity importance.

Josh Silva and Michael Purves discuss Powell's dovish Fed commentary and its impact on the yield curve, potential rate cuts, and long-term policy rates. They delve into equity volatility, inflation factors, and expectations for the upcoming June Fed meeting.

Katy Kaminski, Chief Research Strategist at AlphaSimplex, dives into market fluctuations, emphasizing the significance of the S&P 50-day moving average. Michael Purves, Founder and CEO of Tallbacken Capital Advisors, discusses the current state of fixed income markets and the challenges faced by investors. Oliver Chen, Senior Retail Analyst at TD Cowen, highlights the impact of changing consumer behavior on luxury brands like LVMH and the evolving retail landscape, particularly the future of department stores amid economic concerns.

Tom Keene discusses the impact of market conditions on inflation and GDP analysis. Julia Coronado and Michael Purves share insights on Fed decisions, Bitcoin market trends, and Elon Musk's influence.