WSJ's Take On the Week

Holly Verdeyen, a partner at Mercer, sheds light on integrating private investment assets into 401(k) portfolios, discussing their potential impact on long-term savings. She elaborates on how private assets differ from traditional stocks and bonds. Anne Tergesen, a retirement and personal finance reporter, shares insights on the suitability of these investments for various investors. They delve into the implications of a groundbreaking private credit ETF and the additional fees tied to private assets, emphasizing the need for careful consideration in retirement planning.

Rachel Robasciotti, Founder and Co-CEO of Adasina Social Capital, dives into the evolving landscape of socially conscious investing. Discussing how investments in diversity, equity, and inclusion (DEI) can influence corporate governance, she highlights the financial benefits of aligning portfolios with social justice metrics. Robasciotti critiques corporate responses to political pressures, revealing the importance of transparency and authenticity in DEI practices. Tune in for her insights on the balance between investor goals and genuine commitment to social principles.

Meghan Swiber, a Senior U.S. rates strategist at Bank of America, discusses the evolving landscape of the U.S. Treasury market. She explains why long-term Treasury bond yields have risen recently, raising concerns about their perceived safety. Swiber offers insights on navigating volatility in assets typically viewed as low-risk and how inflation affects investor demand. Additionally, she emphasizes the implications of these shifts for portfolios during times of economic uncertainty, providing a nuanced view of Treasury securities today.

Mark Zandi, Chief Economist of Moody’s Analytics, shares his insights on the U.S. economy and its resilience amidst rising tariffs and political tensions. He discusses critical economic indicators like employment rates and inflation, emphasizing their impact on consumer sentiment. Zandi delves into the effects of tariffs on trade and job statistics, while exploring the psychological facets of recessions. He also highlights the role of immigration in economic growth and warns of potential stagflation, urging the need for adaptive policies.

David Kelly, chief global strategist at J.P. Morgan Asset Management, shares his expert insights on why international markets are currently outpacing the U.S. He discusses the implications of ongoing trade tensions, the weakening U.S. dollar, and the critical need for global diversification in investment strategies. Kelly also emphasizes the importance of recognizing regions that offer better returns and the shifting landscape of American investors as they navigate these economic uncertainties.

Jim Egan, U.S. housing strategist at Morgan Stanley, joins the discussion to unravel the complexities of the housing market. He dives into the current challenges facing buyers and sellers amid rising mortgage rates and home prices. Egan explains the 'lock-in effect' dampening housing inventory and evaluates how these factors influence investment strategies. The conversation illuminates the interplay between affordability and consumer behavior, guiding listeners on what to consider in this fluctuating market.

Ken Rogoff, a Harvard economist and former IMF chief economist, discusses his concerns about the declining purchasing power of the U.S. dollar. He emphasizes its implications for consumers and investors, linking it to themes of 'American exceptionalism.' The conversation explores the dollar's waning supremacy in global finance and the potential rise of alternative currencies. Rogoff also touches on the historical context and future challenges the dollar may face, providing keen insights from his new book, "Our Dollar, Your Problem."

In this insightful discussion, Kyla Scanlon, a savvy social-media content creator and economic commentator, sheds light on the evolving landscape of financial advice for Gen Z. She explores how meme stocks and cryptocurrencies are shaping young investors’ strategies. Scanlon highlights the importance of media literacy, particularly in distinguishing valuable financial advice from misinformation. With her unique blend of creativity and humor, she makes complex economic concepts accessible, aiming to empower a new generation to navigate the financial world confidently.

Rob Kaplan, vice chairman at Goldman Sachs and former president of the Dallas Fed, shares his insights on the Federal Reserve's complex challenges in managing inflation and interest rates. He discusses the implications of slow GDP growth and the risks of stagflation, while diving into the debate over Fed independence amid political pressures. Kaplan also touches on the current market dynamics, covering trade deal impacts and international investment uncertainties. His expertise sheds light on the critical balance the Fed must maintain in turbulent economic waters.

Markus Hansen, a portfolio manager and senior research analyst at Vontobel Asset Management, joins to explore the potential of household food and beverage brands like Coca-Cola in uncertain economic times. He discusses Warren Buffett's investment strategies and their relevance today. The conversation delves into international investments and the performance of the technology and luxury sectors amidst market volatility. Expect insights on recession-proof investment strategies and a light-hearted look at chocolate brands.