Encore: Record Highs, Hidden Risks

We’re revisiting a standout conversation packed with timely insights on today’s market environment. Despite record highs, uncertainty looms—and this discussion breaks down the signals investors can’t afford to ignore.

Host Dominick Tavella and guest host Tracy Byrnes welcome back James Macey, Senior Investment Strategist at BNY Investments, to explore:

• CPI data fueling 90% expectations for rate cuts

• How just 10 AI companies are driving 80% of S&P performance

• Surprising strength in international markets

• Why headline inflation masks rising costs on essentials—eggs up 16%, coffee up 14%

• The critical shift from speculation to quality investments

Macey cautions against market complacency, highlighting the importance of diversification strategies that are finally delivering results. This encore discussion also unpacks market FOMO, the wealth effect on spending, and how to strategically position in today’s frothy markets.

Don’t miss this essential replay for navigating uncertainty with confidence.

Lebenthal Global Advisors, LLC is a registered investment advisor. Lebenthal Financial Services, Inc is a FINRA registered Broker Dealer. The content of this podcast is intended for informational purposes only and is not intended to be investment advice. The views expressed in this podcast are subject to change based on market and other conditions. Information about the qualifications and business practices of Lebenthal Global Advisors, LLC is available on the SEC’s website at www.adviserinfo.sec.gov. Information about the qualifications and business practices of Lebenthal Financial Services, Inc and its representatives can be found on FINRA’s BrokerCheck website, https://brokercheck.finra.org/.