Shows
Marc To Markets2025 1st Half Review and Outlook for Remainder of the YearSend us a textIt was a volatile 2nd quarter with markets falling sharply after Liberation Day, only to be followed by a historic turnaround which brought markets to new all-time highs. And now as we enter earning seasons, will the data on the first half of the year be indicative of the path forward? Topics I cover: Performance of markets through the first half of the year, including the large rally in overseas stocksThe state of the economy, inflation, and employmentThe impact on tariffs thus far and throughout the rest of 2025What the fed does f...2025-07-2430 minMarc To MarketsInvesting Into A Volatile MarketSend us a textA common question today is how best to invest during a period of high volatility. One of the most common approaches is dollar-cost-averaging. On this episode, I dig into the topic with Chris Brigham, a Senior Research Analyst at Bernstein. His team recently updated their research on this approach. We discuss the pros and cons, who it works best for, how to implement and how to customize dollar-cost-averaging for your own asset allocation strategy.With any questions or comments, or to discuss your own financial situation, I can be reached at...2025-07-1523 minMarc To MarketsTariff Turmoil Rattles MarketsSend us a textOn this podcast I cover the recent volatility in the market. We discuss everything including today's market moves as they occured. Among the topics covered:The recent market volatility and the reasons behind it.The impact of tariff policy on markets, the economy, and global tradeA broad look at performance beyond just the S&P 500. This includes International and Emerging Equity Markets, Real Assets, Core Bond and High Yield Bond Markets.The benefits of diversification year-to-date.Probability of loss across a range of asset allocation strategies.The notion of buying opportunistically during...2025-04-1151 minMarc To MarketsMunicipal Bond ManagementSend us a textOn this episode I'm joined by Matt Norton, the Chief Investment Officer for Municipal Investing at Bernstein. Matt and I discuss the importance of municipal bonds in an investment strategy. Among the topics we discuss: The pros and cons of a buy and hold strategy, the importance of credit research, how Matt's team uses AI and data science, the outlook for interest rates, and the financial health of state and local governments. With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com o...2025-03-0529 minMarc To MarketsThe Year in Review and Outlook for 2025Send us a textOn this episode I review markets in 2024 and share the outlook for 2025. Topics include:The state of the economy Our outlook for interest rates and fed policyWhat election results mean for the economy, markets, and tax policyThe potential collision course between the bond market, the fed, and proposed policiesAIs impact on the stock market and current valuation levelsThis episode is a replay of a client webinar from January 2025. With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-9...2025-01-2840 minMarc To MarketsWealth Beyond Measure: Insights From Ultra-High Net Worth InterviewsSend us a textOn this episode I'm joined by Anne Bucciarelli, a Director in Bernstein's Wealth Strategies Group, who focuses on Family Engagement within the Ultra-High Net Worth space. Anne and I discuss her team's recently released research piece "Wealth Beyond Measure". The research sits at the intersection of wealth, business, and family. Anne's team interviewed families with net worths ranging from $100 million to $4 billion. On the podcast, we review the research and learn the top concerns for these families and discuss key insights learned from the interviews.With any questions or comments, or...2024-12-0334 minMarc To Markets2024 3Q Review and Current OutlookSend us a textThe stock and bond markets continued to rally through the 3rd quarter. Investors are excited about the growth of their portfolios and also nervous about the future. For the first time in years, the Fed has cut interest rates. Topics covered include: the impact of elections on markets under various scenarios, the performance of stock and bond markets, how to think about bonds and cash in an environment of declining interest rates, how the national debt figures into the picture, and other timely issues.This episode is a replay of a...2024-11-0434 minMarc To MarketsReplay of Book Lunch: Power Players-Sports, Politics, and the American PresidencySend us a textEarlier this month I was joined in New York City for a lunch and learn with Chris Cillizza, the author of the book Power Players: Sports, Politics, and the American Presidency. This episode is the recording of that discussion. Chris talks about various President's unique relationship with sports and the insights you can gain into understanding their Presidency through looking at them through this lend. He discussed how Presidents use sports to help them connect with the American public, other politicians, and craft their image. Chris also talks about the upcoming 2024 election. We e...2024-11-0352 minMarc To MarketsThe US National Debt: Debt or AliveSend us a textHow risky is the national debt? What's the different between the deficit and the national debt? How long until the debt becomes a problem? What can we do about it? Are the solutions only political? As an investor, how does the increase in the national debt impact how you allocate capital today? I dig into all of these questions and more with Chris Brigham, a Senior Research Analyst at Bernstein, who has led much of a research on the US national debt.With any questions or comments, or to discuss your...2024-09-1934 minMarc To Markets2024 Mid-Year ReviewSend us a textThe first half of the year was largely very productive for investors. Stocks reached new highs while bonds held steady with yields as high as we have seen in over a decade. I’ll cover the following topics and more: The performance of stock and bonds markets year-to-date;The outlook for inflation, the fed, and interest rates;What is driving the stock market higher and how to think about it going forward;Is AI a game changer for investing;How the election might impact the economy and markets.This episode is a re...2024-07-2641 minMarc To MarketsThe Top Investment Topics Of 2024Send us a textOn this episode I'm joined by Roosevelt Bowman, Senior Investment Strategist at Bernstein. Roosevelt and I discuss all the hot topics in the markets today: Fed policy, inflation and interest rates, the outlook for the stock market, S&P 500 concentration, and how to be opportunistic. With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views of the podcast host commentator and their guest speaker(s). AllianceBernstein L.P...2024-06-1829 minMarc To MarketsSpecial Needs Trusts and Maximizing Government BenefitsSend us a textThe importance of creating a financial plan, in which care for a loved one is paramount, is critical for many investors. In some cases, these plans include creating a Special Needs Trust ("SNT") as well as maximizing government assistance from Social Security and Medicaid. On this episode we dive deep into this important topic with Ashley Velategui, a Director in Bernstein's Wealth Strategies Group. We explain how Special Needs Trusts work, their special features, and how to most effectively create them. Ashley demystifies the complexity behind many of the government assistance programs and...2024-05-0827 minMarc To MarketsQ1 Recap and Market OutlookSend us a textThe first quarter was terrific for stocks, but just two weeks into April that may already feel like a distant memory. As discussed in my last quarterly update, the fed and interest rates were the focus to start the year. And while the delay in interest rate cuts came as a surprise to most market participants, it was in line with my outlook last quarter. Topics covered in this episode include: The state of the economy and why delayed rate cuts shouldn’t come as a surpriseThe performance of stock and bond mark...2024-04-2536 minMarc To MarketsArtificial Intelligence Is All The RageSend us a textEverywhere you look people are talking about Artificial Intelligence (AI). How will AI change the world? Will AI put millions of people out of work? Will AI mean a stock market boom or the end of many companies as we know them? Why is AI powering the S&P 500 gains of the past 6 months and is it sustainable? I dig into all of these questions and more with Chris Brigham, a Senior Research Analyst at Bernstein, who has led much of a research on Artificial Intelligence.With any questions or comments...2024-03-0629 minMarc To MarketsTax Reports In Advance of April 15thSend us a textAs we get closer to April 15th taxes take center stage. On this episode I walk you through all the reporting information to pass along to your accountant or tax preparer. I cover when reports will be released, which reports to use, which reports are best for each account type and need. With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views of the podcast h...2024-02-1608 minMarc To Markets2023 Recap and 2024 OutlookSend us a text2023 was an interesting year for stocks. Commonly held worries about inflation and a slowing economy were proven incorrect. After 3 quarters of middling returns for stocks and negative returns for bonds, 4th quarter was a period of enormous gains for investors across all asset classes. On this episode I cover 2023 with a focus on 4th quarter and provide the outlook for where go from here.The performance of stock and bonds markets in 4Q 2023 and for the full year;The likely path for the economy and interest rates;A deep dive into the...2024-01-2238 minMarc To MarketsYear End Tax Planning and Portfolio ManagementSend us a textThe end of the year always comes with lots of discussions about capital gains, income, and all aspects of taxes. This episode is a deep dive on taxes and how best to manage a portfolio to limit the tax liability. To learn more I'm joined by John McLaughlin, the Director of Tax and Transition Services at Bernstein. We cover everything from how managing for after-tax return is not only an end-of-year exercise; how to customize a portfolio for every investors unique tax circumstances; the development of a portfolio specifically designed to track the...2023-12-1229 minMarc To Markets3rd Quarter 2023 Market Review & OutlookSend us a textThe 3rd quarter was a period of change for investors. Stocks continued to rally early in the summer but then as investors began to digest a new interest rate regime, stock and bond markets sold off meaningfully to end the quarter. Treasury yields have risen to rates not seen in over 15 years. On this podcast I delve into the following topics and more: The performance of stock and bonds markets year-to-date;Why the economy continues to be resilient in the face of much higher interest rates; The outlook for inflation, the fed, an...2023-10-2739 minMarc To MarketsCross Border Wealth Creates Unique Opportunities & ChallengesSend us a textAs the world gets smaller more and more families are living cross border lives. With family members living in multiple countries the planning concepts and tax considerations only get more complex. To learn more about how global families have unique investment and financial planning challenges I'm joined on this episode by Chris Opie, a Managing Director at Bernstein who leads the firm’s global families practice. We cover everything from the complications of US citizens marrying not US person, estate tax challenges, managing multiple currencies, amongst other topics. With any questions or c...2023-07-2723 minMarc To Markets1st Half 2023 Market ReviewSend us a textThe first half of the year had stocks in rally mode and bond markets stabilizing. We have reached the inflection point where the next steps by the Fed are likely to decide the course of markets over the remainder of the year. On this episode I cover: The performance of stock and bonds markets year-to-date;Why the US stock market is up so much;The recession that’s always predicted by some but has yet to arrive;How to play the bond market with rates now much higher;Our outlook for inflation;The...2023-07-2746 minMarc To MarketsInterest rates, banking crisis, and debt ceilings..oh mySend us a textOn this episode I'm joined by Roosevelt Bowman, Senior Investment Strategist at Bernstein. Roosevelt and I discuss all the hot topics in the markets today; fed policy, inflation, the banking crisis, the debt ceiling, and how to be opportunistic. With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views of the podcast host commentator and their guest speaker(s). AllianceBernstein L.P. or its affiliates makes no rep...2023-05-1635 minMarc To Markets1st Quarter 2023 ReviewSend us a textThe first quarter saw a recovery in both stock and bond markets but questions and worries remain. Topics covered include:The performance of stock and bonds markets year-to-date;A deep dive on bond portfolio positioning;The impact of the Silicon Valley Bank failure;The outlook for inflation, the fed, and interest rates;Planning for the debt ceiling;Projections for returns across various asset classes moving forward.This episode is a replay of a client webinar from April 2023. With any questions or comments, or to discuss your own financial situation, I can b...2023-05-0241 minMarc To MarketsTax Planning With Retirement Accounts and The SECURE ActSend us a textThe Setting Every Community Up for Retirement Enhancement (“SECURE”) Act of 2019 was the most significant retirement-related legislation since the Pension Protection Act of 2006. The Act significantly altered the estate planning landscape for retirement account owners by eliminating the stretch IRA for most non-spouse beneficiaries and introducing new rules for trust beneficiaries. To learn more about tax and estate planning with retirement account I'm joined on this episode by Bernstein National Director of Tax Research Bob Dietz.With any questions or comments, or to discuss your own financial situation, I can be reac...2023-04-0523 minMarc To MarketsResidential Real Estate Takes Center StageSend us a textOn this episode, I'm joined by Jed Lewin, an expert real estate broker at The Agency. Jed and I discuss all aspects of the residential real estate market from both the buyer and seller’s perspectives. We address how buyers can make their offers more attractive, and Jed shares his advice on how to position your property for sale. We also assess how rising interest rates are changing the real estate market. We dive into the complexities of the NYC market and get Jed’s outlook for the residential real estate market. ...2023-03-0825 minMarc To MarketsIs Traditional Asset Allocation Dead?Send us a textAfter a historically bad year for both equity and fixed income markets investors are wondering if the traditional stock/bond asset allocation framework is broken. At the same time alternative asset classes such as private equity, private credit, hedge funds, and even crypto have all risen in popularity. How does this all come together for investors? How should investors think about the risks and rewards when moving outside the traditional stock/bond asset allocation framework? To explore these and other topics I'm joined on this episode by Deacon Turner, Senior National Managing Director...2023-01-2021 minMarc To MarketsFinancial and Cyber Security In the Modern WorldSend us a textOn this episode we focus on how best to protect your assets from fraud, identity theft, and all other forms of financial crime. I'm joined by FBI Supervising Special Agent Milan Kosanovich. Milan specializes in white collar crime and has spoken internationally on topics ranging from cybersecurity, cryptocurrency, and corporate fraud. We cover everything from ways to protect your credit, best practices for password management, and avoiding complex financial schemes. With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 2...2022-10-2023 minMarc To Markets3rd Quarter Market ReviewSend us a textStock and bond markets continued to decline in the 3rd quarter. This made for one of the more difficult investing environments in a number of years. But there is a path forward and a way to manage your finances through this period of volatility. On this episode I cover:How we got here and where we go from hereThe fed rate hiking policy and what it means for both the economy and marketsThe impact and outlook for bonds given the rise in interest ratesMaximizing return on cash today when bank yields are low...2022-10-1843 minMarc To MarketsNavigating Overseas Investment OpportunitiesSend us a textSo much economic news has been coming out of the US that it is easy to forget about the investment landscape across the rest of the globe. On this podcast we focus on international investing. To learn more about the topic I'm joined by Moira McLachlan, a Senior Investment Strategist at Bernstein. Our discussion ranges from why investors should look overseas, to handling geopolitical risk, investing in China, considering emerging markets, and more.With any questions or comments, or to discuss your own financial situation, I can be reached at marc.pen...2022-09-0830 minMarc To Markets2022 First Half ReviewSend us a textMarket volatility across nearly all asset classes dominated the 1st half of 2022. Inflation worries and recession concerns are contrasted by a strong labor market and continued growth of corporate earnings. On this webinar I cover:The likelihood of a recessionWhat the stock and bond markets are currently pricing inIf inflation has peakedHow to think about bonds while interest rates riseShould you be buying now, and if so, what and how?This episode is a replay of a client webinar from August 1, 2022. With any questions or comments, or to discuss your own fin...2022-08-0247 minMarc To MarketsPrivate Wealth Intersects With Family EngagementSend us a textNo two families are the same and no two families think about their wealth the same way. The success of a financial plan strikes the right balance between the monetary goals and emotional well-being. To learn more about how this can be done, I'm joined by Anne Bucciarelli, a Director in Bernstein's Family Engagement Institute. We cover a range of topics from: How do I ensure that my heirs have the necessary skills and to successfully steward our family’s wealth? What is the “right way” to begin talking to family about the extent of...2022-07-0526 minMarc To MarketsMarkets Back in Crisis ModeSend us a textThe start of 2022 has been a difficult year in both stock and bond markets. This episode is a replay of a client webinar from May 25, 2022. Topics I covered include: Our forecast for the economyWhere the stock and bond market go from herePositioning updates in portfoliosThis episode is a replay of a client webinar from May 25, 2022. With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the view...2022-05-3123 minMarc To MarketsESG Investing Is All The RageSend us a textEnvironmental, Social, and Governance Investing is a topic on every financial tv show, radio program, and newspaper. ESG can be a catch all term that ranges from "green investing" to a much more nuanced research approach. To learn more about the topic I'm joined by Roosevelt Bowman, a Senior Investment Strategist at Bernstein. We discuss everything from how to understand an ESG investment, the potential trade-off in risk/return, and how ESG has recently performed. With any questions or comments, or to discuss your own financial situation, I can be reached at marc...2022-05-2620 minMarc To Markets2022 First Quarter ReviewSend us a textIt has been an eventful quarter in the markets. We have had the first major conflict in Europe in decades, inflation at levels that we have not seen in 40+ years, Coronavirus shutting down large parts of China, and the Fed beginning to move interest rates meaningfully higher for the 1st time in what feels like forever. Topics covered include: The impact of the Ukraine war on the global economic outlook and the marketInflation and our outlook for the Fed’s responseRecent price movements in the bond market and how to think about it bo...2022-04-2652 minMarc To MarketsTax TimeSend us a textApril is tax season. On this episode, I'm joined by our Senior Investment Strategist Paul Robertson. We take a deep dive into everyone’s favorite topic and cover the following tax-related issues: Why were capital gains comparably higher in 2021? How do we think about loss harvesting? Can trading be customized per client? Are there stock portfolios that are designed to be ultra-tax-sensitive, and what are the pros and cons? With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-665...2022-04-0733 minMarc To MarketsThe Digital WorldSend us a textMany discussions about the future of finance and currency are focused on bitcoin, NFTs, and the Metaverse. On this episode, I'm joined by Jonah Ballow, Founder and Head of Content Strategy at Heartlent Group, to learn how it all comes together. Heartlent Group is a social-first marketing collective that specializes in the digital world. https://www.heartlent.com/ We discuss how to think about the digital world, how it will become more a part of our future, while getting into the specifics of what NFTs are, how to attribute value to them, and how t...2022-03-2928 minMarc To MarketsThe Bond Market In FocusSend us a textThe bond market often doesn't get much attention from investors, but with interest rates on the move they are now a top of mind topic for many investors. To have a deep discussion, I’m joined by Matthew Norton, a Senior Municipal Bond Portfolio Manager at Bernstein. We discuss the forecast for interest rates, how rates will impact bond prices, yields today and going forward, we compare bonds to cash, the state of municipal credit, and discuss if now is a good time to put money to work in fixed income. With a...2022-02-1721 minMarc To Markets2021 Review, Recent Market Volatility, and The Outlook For 2022Send us a textMarket volatility has picked up in the New Year with the NASDAQ, DOW, and S&P 500 all hovering around a correction. Although Global Markets were up 18% in 2021, many investors feel on edge about the path forward. Topics I cover include: How the market can be up so much during a pandemicThe impact of inflation and our outlook for the Fed’s responseWhether stocks are overvalued and our projection for 2022How to think about bonds in a period of rising interest ratesWhether Covid is still a story in the market & the economyThis...2022-01-2544 minMarc To MarketsKeeping Up With The Art MarketSend us a textThe Art Market has been going through a period of enormous appreciation and transformation. To understand what is fueling both, I sit down with Hilde Lynn Helphenstein & Matthew Capasso. You may know Hilde as @jerrygogosian where she satirizes and influences the art market amongst her many other endevors. She is an artist and curator as well as art dealer. She studied fine art internationally beginning with a A.S. degree from Strykejernet Kunstskole in Oslo, Norway followed by a BFA in New Genres at San Francisco Art Institute. She also writes Art World Repor...2021-12-1534 minMarc To MarketsWhere Do We Go From Here?Send us a textOn this episode I'm joined by Roosevelt Bowman, a Senior Investment Strategist at Bernstein. We discuss all the hot topics in the markets today; fed policy, inflation, the impact of massive stimulus on the economy, market valuations, what to be worried about, and where to be opportunistic. With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views of the podcast host commentator and their guest spe...2021-11-3027 minMarc To MarketsInflation, Inflation, & InflationSend us a textOn this episode, I talk about the topic on everyone's mind: inflation. To have a deep discussion, I’m joined by Chris Brigham, a Senior Research Analyst in Bernstein's Investment Strategy Group. We discuss why inflation matters and how it impacts investors’ portfolios. Chris shares the near-term outlook for inflation and covers how today's policies may impact inflation over the long-term. We talk about which investors are most exposed to inflation and why, before concluding with the best ways to build inflation protection into your portfolio.With any questions or comments, or to...2021-10-2626 minMarc To Markets3rd Quarter Review and Outlook Going ForwardSend us a textOn this episode I recap markets as we close out Q3 and look forward to the end of the year. Topics I cover include:The outlook for inflation, who is most sensitive, and how to protect your portfolioThe state of the economy and what to make of recent weakness in some of the dataShould you expect a sharp and sustained market selloff?What could be an opportunity in the current market?Is covid still a story in the market & the economy?This episode is a replay of a client webinar from O...2021-10-1841 minMarc To MarketsBack to School: Finance 201Send us a textWith the new school year upon us I thought I'd take the podcast back to school for Finance 201. Prior to the pandemic we did a Finance 101 episode so to continue the class I'm joined again by Damon Amendolara of CBS Radio to discuss some of the hottest topics investors are thinking about today. We cover how to think about cryptocurrency, the impact of low interest rates on borrowers and savers, the employment picture in the US, and the impact of supply chain disruptions on prices and the economy. Any questions or commen...2021-09-2925 minMarc To MarketsWorking Together During Covid & Behind Marc to MarketsSend us a textOn this episode I talked about how working with a financial advisor has changed during Covid. I ponder what that might look like through the rest of the 2021, and how it changes when move through Covid and into the "new normal". I also try to give you an insight into the genesis of Marc to Markets and look for ways in which in can improve going forward. The episode wraps up with a quick outlook on the markets, and what has me most nervous as we enter the fall.With any que...2021-08-2615 minMarc To MarketsMedical & Dental Practices Are Consolidating Like Never BeforeSend us a textYou may have noticed over the past few years that your local doctor has joined a larger medical group or a hospital system. Why did that happen? As a physician, or as an advisor to a healthcare practice, you may be considering selling a practice as a retirement plan or way to increase reimbursements and decrease expenses. In this episode I speak with Daniel Brunello, a Director in the Bernstein Wealth Strategies Group, to learn more about consolidation in the healthcare industry. We discuss who the top buyers of healthcare practices are and what...2021-07-2226 minMarc To Markets2021 1st Half Review and Outlook for Remainder of YearSend us a textOn this episode I look back on the 1st half of 2021 and provide an outlook for the path forward. Topics covered include: Why would the market go up from here?Our perspective on inflationWhat is happening in overseas marketsDo fundamentals and research matter anymore?An update on the ever changing future of taxesThis episode is a replay of a client webinar from April 19, 2021. With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The info...2021-07-1540 minMarc To MarketsThe Biden Tax Plan ExplainedSend us a textThe Biden administration has proposed sweeping legislation, which would create major changes to the tax code and impact current capital gains, corporate, and estate tax treatment. I'm joined by Bernstein's Director of Wealth Strategies Research Tara Thompson Popernik to make sense of the proposed changes. We discuss how to manage your portfolio in this environment, when the policy would go into effect, the likelihood that it passes, how business owners and investors with large unrealized gains should evaluate the impact, and strategies to keep more money in your pocket. With any qu...2021-06-1429 minMarc To MarketsSuccession Planning and Preparing to Sell a BusinessSend us a textThe sale of a closely held business is often a defining moment for a family. A successful transition plan encompasses not only financial consideration, but the personal, family, legacy, and gift/income/and estate tax issues that surround a deal. To go more in-depth, I talk with two experts on the subject. First, I'm joined by attorney Thomas Collura. Tom is a Partner at Hodgson Russ. Tom’s practice is focused on representing privately held companies and their owners in a wide range of corporate, tax and commercial matter. Then, I'm joined by Andrew J...2021-05-0648 minMarc To Markets1st Quarter 2021 Review and the Path ForwardSend us a textOn this episode I look back on the 1st quarter and provide an outlook for the path forward. Topics covered include: An analysis of the market 1 year since the start of the Covid crisis? Is the economic impact of Covid behind us? After a 78% rally in the US, what is left to drive markets higher? Are higher interest rates, tax rates, and inflation a reason to be worried about your portfolio? Are there any attractive opportunities at this point?This episode is a replay of a client webinar from April 19, 2021. With any...2021-04-2147 minMarc To MarketsManaging Your Cash ConundrumSend us a textMany investors are stuck with too much cash on their balance sheet and are paralyzed by how to put it to work in what appears to be a very unclear outlook for investments. Stocks are high, interest rates are low. Many are asking themselves the following questions: I de risked in March; that was a mistake…what can I do now? Do I buy stocks with the market is at an all time high? Will I earn anything in bonds with interest rates this low? How do I advise my client who had a liqui...2021-03-2424 minMarc To MarketsMarch Madness Returns: Winning Your BracketSend us a textOn a special Marc to Markets episode, we go about as far away from finance as possible. I break down College Basketball's March Madness Tournament with Damon Amendolara, host of CBS Sports Radio's The D.A. Show, and Dave Friedman, the Play-By-Play announcer of Winthrop Basketball. We cover the landscape of sports during Covid-19 and the financial importance of March Madness. We talk about how the tournament will look and feel different this year, and then Dave and Damon give their best tips to winning your family or office pool. With any q...2021-03-1637 minMarc To MarketsToday's Top Market Stories: Inflation, Growth, GameStop & BitcoinSend us a textOn this episode I'm joined by Roosevelt Bowman, a Senior Investment Strategist at Bernstein. We discuss the impact of massive stimulus on the economy and stock market both in 2021 and long term, the far reaching impact of the recent stock movement in GameStop, how technology is changing the rules of investing, and we end with our thoughts on Bitcoin. With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are...2021-02-2329 minMarc To MarketsReal Estate Before, During, and After CovidSend us a textOn this episode I talk with David Lieberman of Oxford Properties, Kim Shankman of DouglasElliman, and Michael Levinson of Houlihan Lawrence to discuss the state of real estate. My conversation with Dave focuses on the commercial market, with Kim NYC residential, and with Michael the suburbs. We cover how each has fared through Covid, the state of the industry today, and where we go from here. With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.T...2021-02-0548 minMarc To Markets2021 Outlook and 2020 Year In ReviewSend us a textOn this episode I discuss the market and economy as we enter the new year. Some of the topics include: Our research into the future path of Covid-19, the most interesting opportunities in the market, are municipal bonds risky, and will there be a wave of large defaults, and the impact of the Biden administration on markets and tax policy.This episode is a replay of a client webinar from January 2021.With any questions or comments, or to discuss your own financial situation, I can be reached at marc.p...2021-01-2739 minMarc To MarketsOutdoor Dining During Covid: Innovation Amidst DisruptionSend us a textEverywhere you look, restaurants are building outdoor dining accommodations ranging from tents to upscale structures with uniquely branded al fresco experiences. How did an entire industry pivot to adapt during Covid? I get that answer on this episode from Arsean Maqami, Principal at DB Partners - one of New York City’s leaders in the building of outdoor dining spaces. Any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are...2020-12-0423 minMarc To MarketsPost Election & Year-End Tax PlanningSend us a textOn this episode we talk about year-end tax planning and how it is different in 2020 post-elections in the U.S. I am joined by Tara Popernik, the Director of Research in the Wealth Strategies Group at Bernstein. We cover: Proposed changes to the income, capital gains, and estate tax, who should do extra planning before year-end, and the likelihood of tax reform over the coming years. Any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The...2020-11-1821 minMarc To MarketsMarket Outlook and the Planning For the U.S. ElectionSend us a textOn this episode I update my Covid-19 scorecard through October, dig into the extent of the US economic recovery, discuss different election scenarios and what each means for the stock and bond markets, and cover year-end tax planning guidance for various election outcomes.This episode is a replay of a client webinar from October 13, 2020. For the Zoom video and slides please contact me at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views of the podcast host commentator and their guest s...2020-10-1434 minMarc To MarketsHere Today, Gone Tomorrow: Corporate Bankruptcy During Covid-19Send us a textSince March, it seems like nearly every week a different company or familiar brand is filing for bankruptcy. On this episode, I explore how corporate bankruptcy works, and how the virus has impacted and accelerated restructurings. Listen in for perspectives on the path forward for several well-known industries, and why individuals choose to invest in this space. On this episode I’m joined by Christina Pullo, Vice President of Global Corporate Actions at Prime Clerk LLC, a leading restructuring services firm, and Michael Glanzer, Managing Partner at Glanzer Brothers, an investment and advisory fir...2020-09-2838 minMarc To MarketsTop Trending Investment Questions AnsweredSend us a textThis is an audio recording from a client webinar on August 24th. Some of the topics include: Why does the market continue to go up when the news is so bad? What is the impact of the election on markets? Is the whole rise in the market based on tech stocks? How to be opportunistic today if your goal is to target long-term growth? How to protect your retirement in an uncertain market? With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penzi...2020-08-2747 minMarc To MarketsBack to (Virtual) BusinessSend us a textOn this episode, I’m joined by Adam Levinson, Co-Founder of Medal Dash. We discuss the business of virtual runs, and why his company is thriving during the coronavirus pandemic. Adam explains how social distancing is reshaping the fitness industry. We then broaden the conversation to cover topics ranging from why an online community can thrive during the pandemic, how to use social media and search engine optimization for effective marketing, and ways in which business may be different post Covid-19. With any questions or comments, or to discuss your own financi...2020-07-3030 minMarc To MarketsThe Markets at Mid-YearSend us a textOn this episode I update to my Covid-19 scorecard through June, explore the apparent disconnect between the weakness of the economy and the strength of the stock market, discuss putting money to work in such a volatile market, and review potential election outcomes on the market. This episode is a replay of a client webinar from June 20, 2020. For the Zoom video and slides please contact me at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views of the podcast host commentator and...2020-07-2236 minMarc To MarketsCovid-19's Impact on Hospitals and HealthcareSend us a textOn this episode, I’m joined by Matthew Penziner, an Executive Director at NYU Langone Health to discuss the impact of Covid-19 on hospitals and the healthcare system. We discuss the basic economics of a hospital system. We cover how Covid-19 has impacted the financial strength of the healthcare system, how the state and federal government can ensure hospitals are well positioned during and after the pandemic, and how telemedicine has grown in recent months.With any questions or comments, or to discuss your own financial situation, I can be reached at m...2020-07-0218 minMarc To MarketsCovid-19: Market & Economic Update - June 2020Send us a textOn this episode I discuss the market and economy as it relates to the Coronavirus. Some of the topics include: An explanation of the current market run-up and the risks that continue to exist; Some of the most interesting charts from the past few week; and the market impact of an explosion of new retail investors. This episode is a replay of a client webinar from April 13, 2020.With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655....2020-06-1539 minMarc To MarketsCovid-19‘s Impact on the Restaurant IndustrySend us a textOn this episode I am joined by Josh Goodman, Chief Financial Officer and Founding Partner of Frenchette in New York City. Frenchette won the 2019 James Beard Award for Best New Restaurant in America. Josh has over 20 years of restaurant experience including leadership positions at Balthazar, Miss Lily's, and the McKittrick Hotel. We discuss the impact of the Coronavirus on the restaurant industry, how the dining experience will change as restaurants begin to reopen, and how the NYC dining scene may look in the future. With any questions or comments, or to discuss...2020-05-2826 minMarc To MarketsCovid-19 Update and A Look Inside The FedSend us a textOn this episode I am joined by Roosevelt Bowman, Senior Investment Strategist at Bernstein and former Research Analyst at the Federal Reserve. This is an audio recording from a client webinar on May 18th. Some of the topics we cover include: Where the market is today and the forecast going forward, the impact of unprecedented monetary policy and potential for inflation, the role of gold in a portfolio, and an update on the municipal bond market. With any questions or comments, or to discuss your own financial situation, I can be re...2020-05-1935 minMarc To MarketsPlanning & Investment Opportunities In A Bear MarketSend us a textOn this episode I am joined by Tara Popernik, the Director of Research in the Wealth Strategies Group at Bernstein. This is an audio recording from a client webinar on April 27th. Some of the topics we cover include: Where the market is today and the forecast going forward, the top planning opportunities in a bear market (including IRAs, trusts, charitable giving, and estate planning), and investment opportunities across the risk spectrum ranging from cash, bonds, stocks, and distressed investments. With any questions or comments, or to discuss your own fin...2020-04-2744 minMarc To MarketsCovid-19’s Impact on the Sports WorldSend us a textOn this episode, I’m joined by a panel of sports broadcasters to discuss how the cancellation of sports is impacting both the national mood and the calendar. Tune in to hear our thoughts on how sports should resume in the near future, if and when they do. This episode features: CBS sports broadcaster, Andrew Catalon, whose assignments include the NFL & The Masters; Damon Amendolara from the D.A. Show on the CBS Sports Radio Network; and the voice of Winthrop University Athletics, Dave Friedman.With any questions or comments, or to...2020-04-2227 minMarc To MarketsCovid 19: Q1 Review & The Path ForwardSend us a textOn this episode I discuss the market turmoil related to the Coronavirus in the 1st quarter and where markets and the economy go from here. This episode is a replay of a client webinar from April 13, 2020. With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views of the podcast host commentator and their guest speaker(s). AllianceBernstein L.P. or its affiliates makes no representations or w...2020-04-2242 minMarc To MarketsCovid-19 Update 2 & Planning in Bear MarketsSend us a textOn this episode I discuss the market turmoil related to the Coronavirus and how to manage a financial plan through a bear market. This episode is the replay of a client call from March 30, 2020. With any questions or comments or to discuss your specific situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views of the podcast host commentator and their guest speaker(s). AllianceBernstein L.P. or its affiliates makes no representations or warranties concerning the a...2020-04-0128 minMarc To MarketsCovid-19 & Market TurmoilSend us a textOn this episode I discuss the market turmoil related to the Coronavirus. This episode is the replay of a client call from March 16, 2020. With any questions or comments, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views of the podcast host commentator and their guest speaker(s). AllianceBernstein L.P. or its affiliates makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this mate...2020-03-2431 minMarc To MarketsPolitics, Economics & The CoronavirusSend us a textOn this episode I'm joined by Bernstein Chief US Economist Eric Winograd. Eric and I discuss the economic implications of the Coronavirus. Eric talks about what central banks and governments can and can't do to stabilize markets and the economy. He also shares his outlook for interest rates.We then move to a broader discussion about the intersection of politics and economics. Eric shares his insights into the rise of populism and the impact it has on global economic policy. He details why he believes that much of the political & economic d...2020-03-0923 minMarc To MarketsCancer: Treatment Today, Cutting Edge Innovation, and The Investment OpportunitySend us a textOn this episode I do a deep dive into cancer today. Ellen Neylon, from the Center for Lymphoid Malignancies, talks about what to do should you or someone you know be diagnosed with the disease (5:09). I’m then joined by Adam Waldman, an executive at TG Therapeutics, to discuss the most exciting advances in cancer treatment, and why he and others believe we are at inflection point in the fight (26:29). Lastly, I’m joined by Patrick Saunders, a Healthcare Portfolio Manager, to discuss how to approach investment in the oncolog...2020-02-131h 04Marc To MarketsReflections on 2019 & Outlook for 2020Send us a textOn this episode, I switch places and answer questions from Client Advisor, Amanda Beebe about the markets and economy. We cover an eventful year, starting with what I got right and wrong in my predictions for 2019. I discuss where stock and bond markets stand now and what you can expect over the next 12 months. Amanda asks what has me worried for 2020? We finish with a discussion of how to think of 2020 in the context of your larger investment plan.With any questions or comments, I can be reached at marc.penziner@bern...2020-01-0719 minMarc To MarketsAll About IPOsSend us a textOn this episode, we cover IPOs from the perspective of the investor and from individuals who work at or own a private company that is going public. In Part I, I’m joined by Matt Palazzolo, a Senior Investment Strategist at Bernstein, to explain what an IPO is and how investors should think about them (0:00-12:00). In Part II, I discuss with Jonah Gruda, a Partner in the Private Client Services Department of MazarsUSA, how owners and executives at private companies should prepare for an IPO (12:00-14:30). Jonah explains the different types of re...2019-12-1030 minMarc To MarketsModeling Your Financial FutureSend us a textOn this episode we discuss the importance of financial modeling. People use everything from Excel, to simplistic Apps, to high end models. What are the pros and cons of these different models? How important is having a financial model and what is the right type of model for you? We discuss how a sophisticated modeling can be used for charitable and legacy planning, optimal trust management, and addressing large stock positions. I'm joined by Bernstein's Director of Research Tara Thompson Popernik. Any questions or comments, I can be reached at marc.penzine...2019-11-0120 minMarc To MarketsThe Rise Of Artificial IntelligenceSend us a textOne of the most discussed topics in recent years is the rise in Artificial Intelligence (AI) and machine learning. I'm joined by Senior Investment Strategist, Paul Robertson, to understand what AI is, and how companies are using it to increase profitability. Paul explains that it is not just tech companies, but even more traditional companies like McDonald’s that are leveraging AI. We discuss how AI is impacting portfolio management and trading strategies, and conclude with a conversation about how AI can, and cannot, be incorporated into your financial plan. Any question...2019-10-0832 minMarc To MarketsBack To School: Finance 101Send us a textWith the new school year upon us I thought I'd take the podcast back to school for Finance 101. I'm joined by Damon Amendolara of CBS Radio to discuss some of the most important and practical parts of your financial plan. We cover how much cash to keep in the bank, how to think about student and credit card debt, saving for college, the right size of your mortgage, the impact of a potential recession on the housing market, and the basics of stock and bond investments. Any questions or comments, I can be...2019-09-0322 minMarc To MarketsThe Business & Culture of Youth SportsSend us a textYouth sports is an enormous industry. Childhood athletics is no longer just signing up for town rec soccer, little league, or a bunch of teenagers playing basketball at the local court. If you are a parent or a grandparent, you will be interested in my discussion on the culture of youth sports. I chat with Jason Sacks, Executive Vice President of the Positive Coaching Alliance, a non-profit whose mission is to highlight the positive impact that sports can have on a child now and in the future. He shares his insight into the curr...2019-08-1927 minMarc To MarketsThe Markets At Mid-YearSend us a textJoin me as I reflect on the first half of 2019. I review how my expectations for the year have played out so far and discuss why following the markets too closely can impact your ability to maintain the right long-term strategy. I emphasize why not all "buy/sell" advice is appropriate for everyone and how best to be prepared for the second half of the year. With any questions or comments, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are...2019-07-0820 minMarc To MarketsEverything You Want to Know About Cannabis But Are Afraid To AskSend us a textWe cover the industry from the operator, investor, and legal perspective. Cannabis is one of the fastest growing industries in the country, but faces a maze of regulatory hurdles. I’m joined by Jason Klein - Chair of the Cannabis Law department at Offit Kurman; Dan Dolgin - Co Founder of Eaton Hemp; and Moira McLachlan - Senior Portfolio Manager at Bernstein to understand the enormous opportunities and challenges in this space. With any questions or comments, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The in...2019-05-3154 minMarc To MarketsReplay of Book Lunch: The History of the DeliSend us a textEarlier this month I was joined in New York City for a lunch and learn with Ted Merwin, the author of the book Pastrami on Rye: The History of the Jewish Deli. This episode is the recording of that discussion. Ted covers the origin of the deli, its place in greater New York City culture, expansion around the country, the slow end of the deli era, and what he believes the future holds for this once beloved institution. With any questions or comments, I can be reached at marc.penziner@bernstein.com...2019-05-1339 minMarc To MarketsBonds In A Low Interest Rate WorldSend us a textThis month, we focus on the bond market and interest rates. I’m joined by Matt Norton, Co-Head of Municipal Investing at Bernstein. Matt shares his forecast for interest rates and how best to position a bond portfolio in this environment. We talk about the pros and cons of a laddered bond portfolio. Matt shares his views on the stability of state and local government finances. We uncover an often unseen cost to investors in the bond market and end our discussion by catching up on the status of Puerto Rico, and if Puert...2019-04-1825 minMarc To MarketsMarch Madness is Here: Fill Out Your Brackets and Win Your PoolSend us a textOn a special Marc to Markets we go about as far away from finance as possible. I break down College Basketball's March Madness Tournament with Damon Amendolara, host CBS Sports Radio's The D.A. Show, and Dave Friedman, Play-By-Play announcer of Winthrop Basketball and mid-major conference broadcasting legend. We talk about the types of different pools, scoring systems, and best ways to attack your bracket depending on the rules. They share the most exciting players and teams in the tournament, and the upset picks who can help you score the points you need to...2019-03-1931 minMarc To MarketsInside PhilanthropySend us a textThis month, we take a deep dive into philanthropy and not-for-profit organizations. I’m joined by Hillel Hyman, CFO of the Marlene Meyerson JCC Manhattan; Peter Dunn, President and CEO of the Central NY Community Foundation; and Seth Buchwald, a Principal at Bernstein and non-profit specialist. What is the best way to donate wealth, talent, and time to charity? For those already active in the space, we discuss the responsibilities of being involved with a board or investment committee of a non-profit. For those newer to philanthropy, we cover the fundamentals, highlighting the im...2019-03-0441 minMarc To MarketsUnderstanding MillennialsSend us a textMillennials are rapidly becoming the largest demographic in the country. They are already changing everything from the way we work, to how we communicate, to how we shop. On this episode I talk with Paul Robertson, a Senior Portfolio Manager at Bernstein, to learn about who they are, what they want, and what makes them different than prior generations. We discuss how understanding Millennials is critical for an investment manager as we think about the success of companies and economies in the future.With any questions or comments, I can be rea...2019-02-0134 minMarc To MarketsReflections on 2018 & Outlook for 2019Send us a textOn this episode, I switch places and answer questions from Client Advisor, Amanda Beebe about the markets and economy. We cover an eventful year, starting with what I got right and wrong in my predictions for 2018. I discuss where stock and bond markets stand now and what you can expect over the next 12 months. I also preview upcoming episodes of Marc to Markets in 2019. With any questions or comments, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views...2019-01-0325 minMarc To MarketsWhere Have All The Traders Gone? Computer Trading Takes Over Wall StreetSend us a textOn this episode I chat with Kent Spellman, Co-Founder of Hard Eight Trading, a global proprietary trading firm based in Chicago. Kent and I discuss how the trading of stocks has changed from the old days on the floor of an exchange. We talk about how computers and high frequency trading are changing market risk. Are these types of traders good or bad for the market? Kent shares how it impacts individual investors and what lessons we can learn from the inside of the trading world. Any questions or comments I can be...2018-12-0527 minMarc To MarketsThe October Correction: What It Tells Us About The Market and How To Manage PortfoliosSend us a textOn this episode I'm joined by Paul Benjamin, former Director of Investments at Alcoa. At Alcoa he was responsible for asset allocation, manager selection and risk management of Alcoa’s $7+ Billion in global Pension and Foundation assets. Paul was named by CIO magazine one of the institutional investment Industry’s 40-under-forty.We discuss the October correction and where we go from here. Is this market volatility the new normal? What should expectations be for stocks and bonds going forward? We also discuss how large insitutions position portfolios and the differences and similiar...2018-11-0528 minMarc To MarketsHow to Protect Yourself and Your Money If and When Bad Things HappenSend us a textOn this episode I'm joined by Fred Schulman, Managing Partner of the Schulman Blitz Law Firm. We discuss how to use insurance to best protect yourself and your family, the most important type of insurance most people do not know about and insurance companies don't tell you about, what do you if someone you know has been injured in an accident, statute of limitations, types of damages, and the nature of fees in this part of the law. The information presented and opinions expressed are solely the views of the podcast host...2018-10-0823 minMarc To MarketsSustainable Investing: You have heard of it, now learn about it.Send us a textOn this episode we talk about the idea of sustainable investing. It is a common buzzword thrown out in the investment world today, but what does it mean, and how do you even do it? I’m joined by research analyst Joe Sun to talk about how his sustainable and thematic growth research team addresses the issue. We look into what makes a company qualify as sustainable, and who are the types of investors leading the way.
The information contained here reflects the views of AllianceBernstein L.P. or its affiliates and sources it be...2018-09-1718 minMarc To MarketsWhy Being Good at Investing Isn't Part Of Human NatureSend us a textOn this episode I'm joined by Amanda Beebe, Senior Associate at Bernstein Private Wealth Management. We discuss how the essence of human nature leads people to be much worse at managing money than anticipated. We share research on how the mind can be lazy and lead investors to bad conclusions, especially when it involves evaluating risk and return. We cover why people so deeply want certainty and feel such acute pain from loss, and how these desires can lead to poor outcomes. We then address the impact this has had on portfolio returns and...2018-08-0923 minMarc To MarketsChina: Ghost Cities or Global Growth LeaderSend us a textOn this episode we talk about China’s changing landscape, potential trade wars, and investment opportunity. Jim Murphy, Senior Portfolio Manager at Bernstein, explains the firm’s differentiated view of China and what our research is uncovering that might not be captured in today’s headlines. Then I’m are joined by Michael Mendel, CEO of Maytex, who has done business in China since the 1980s. He provides the business communities’ perspective on its evolution and what he sees for future of China.
The information contained herein reflects the views of AllianceBernstein L.P. or its aff...2018-07-0927 minMarc To MarketsThe Amazon EffectSend us a textIn this podcast, I’m joined by Steven Ross, former CEO of EdCon – one of Africa’s largest retailers, and Dana Herrman, Senior Managing Director on Bernstein’s trading desk. We discuss the impact of Amazon and the disruption it is causing on everything from the retail industry to the stock market. I’ll conclude with a final thought on how to increase your yield on cash, and why banks are paying nearly nothing on checking, savings, and money market accounts.
The information contained herein reflects the views of AllianceBernstein L.P. or its affiliates...2018-05-3036 minMarc To MarketsBitcoin, Blockchain, and Cryptocurrency: Fad or the Future?Send us a textIn this podcast we discuss the hype surrounding Bitcoin, blockchain & cryptocurrency. Paul and I discuss the innovation each provides, and the investment implications, how can you play this market as an investor, and debate if the mania around Bitcoin has impacted the broader marker. The information contained herein reflects the views of AllianceBernstein L.P. or its affiliates and sources it believes are reliable as of the date of this publication. AllianceBernstein L.P. makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast, or...2018-04-2532 minMarc To MarketsA Roundtable On Residential Real EstateSend us a textIn this edition (February 2018) I talk with Blake Mastalir, Managing Director in Bernstein’s Real Estate Group, Amy Herman, from Nest Seekers International—The Serhant Team, and Jed Lewin, Esq., LG Fairmont, to discuss the state of real estate in New York City, the tristate area, and around the country. We cover the current state of the New York City real estate market, the impact of new construction on the city and the amount of inventory expected to hit the market, the areas that are most likely to experience the highest appreciation going forward as w...2018-02-0127 minMarc To MarketsA Discussion on Financial SecuritySend us a textOn this edition (October 2017) I speak with Milan Kosanovich, Federal Bureau of Investigation Special Agent, White Collar Crimes Unit, about how to protect your financial security on the Internet and in your everyday transactions. Special Agent Kosanovich has expertise in complex financial crimes, corporate fraud, and works as a certified FBI hostage negotiator. We discuss how to protect your personal financial information; everyday tips for protecting from identity theft; steps to take if your information has been comprised; questions to ask your bankers and financial advisors to verify their legitimacy; and insights into the...2017-10-1224 minMarc To MarketsA View From the C-SuiteSend us a textIn this edition (July 2017) of our podcast I talk with David Barnard, Head of Bernstein Private Wealth Management, as we reflect on the first half of the year for our clients, and the future of the business and industry. In this edition of our we discuss: A look at markets and our client experience at the midpoint of the year, the state of Bernstein today, and our evolution over the past few years, the major transition in markets happening now, what matters most in getting a financial plan right in today’s environment, David’s in...2017-07-1125 minMarc To MarketsThe Trump Tax Plan: What It Is and What To DoSend us a textIn this edition (May 2017) of our podcast I talk with Tara Thompson Popernik, Bernstein Director of Research about the Trump Tax Plan. We cover the specifics of the proposal and planning issues you should consider in advance of the tax law change. The information contained herein reflects the views of AllianceBernstein L.P. or its affiliates and sources it believes are reliable as of the date of this publication. AllianceBernstein L.P. makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast, or opinion in...2017-05-2312 minMarc To MarketsTrumpcare and Obamacare, the Truth Behind the HeadlinesSend us a textIn this edition (May 2017) I talk with Matt Penziner, Executive Director, NYUPN Clinically Integrated Network, about the repeal of the Affordable Healthcare Act and its impact on patients. Matt and I discuss the facts surrounding “repeal and replace”, the odds healthcare legislation pass the Senate, and if so, what will it look like, how patients expect their costs to change, if preexisting conditions will be covered or not, and the overall cost of healthcare in the economy. The information contained herein reflects the views of AllianceBernstein L.P. or its affiliates and sources it beli...2017-05-2318 minMarc To Markets2017 Outlook For The Capital MarketsSend us a textIn this episode (March 2017) I sit down with Bernstein CIO Seth Masters to get his outlook for 2017. We discuss potential return in both the stock and bond market, risks to the forecast, and the geopolitical environment.
The information contained herein reflects the views of AllianceBernstein L.P. or its affiliates and sources it believes are reliable as of the date of this publication. AllianceBernstein L.P. makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast, or opinion in this material will be realized. Past...2017-03-0631 minMarc To MarketsThe Municipal Bond Market NowSend us a textIn this episode (October 2016) I sit down with Daryl Clements, Senior Portfolio Manager-Municipal Bonds at Bernstein. In this episode we discuss why the muni market us fundamentally healthy, why Daryl believes investors should concentrate their portfolios in intermediate-maturity portfolios, the impact of the federal reserve raising interest rates, the health state and local government finances, and the differences between holding cash versus owning municipal bonds.
The information contained herein reflects the views of AllianceBernstein L.P. or its affiliates and sources it believes are reliable as of the date of this publication. AllianceBernstein L...2016-10-2023 min