Wealth Transparency with Ed Butowsky

Are the markets at all-time highs built on solid ground or heading for a cliff?

Wall Street is playing a brutal game of show me. Blind faith in a broad index carries risk right now. Michelle Connell of Portia Capital Management, Andrew Tang of Turner Financial Group, and I rip the lid off the forces driving today's markets right now on Wealth Transparency.

We exposed the brutal reality: AI is absorbing massive capital...

The bills are here. The headlines are not.

China processes over 90% of the world's rare earth minerals. Copper supply is projected 25% short through 2035. Shipping insurance costs are climbing with no resolution in sight. Utility companies are filing for record rate hikes.

None of these made the front page. All of them are moving your money.

You cannot rebuild America's power grid, fuel an AI revolution, and insure global shipping rou...

Wall Street is questioning whether AI infrastructure spending will deliver results fast enough, while energy is starting to challenge technology’s leadership in the S&P 500.

Oil prices are rising. The cost of building homes remains elevated. Mortgage rates are back above 6.8%. Airlines are under pressure. And yet, new business formation data tells a completely different story than the job loss headlines ever will.

That is t...

The economy is moving. The questions are moving faster. 

Home prices are at record highs, bank earnings are strong, and consumers are still spending. But interest rates are not falling, mortgage rates are creeping back toward 7%, and nobody knows how long any of these holds.

That is the full picture Michelle Connell of Portia Capital Management, Lex Nikpour of Ethos Financial Group, Andrew Tang of Turner Financial Group, and I l...

Good news for the economy can be bad news for your portfolio.

That is one of the biggest contradictions investors are facing today. A stronger economy can keep rates higher, while weaker data can fuel hopes for rate cuts. The question is which signal matters more.

This episode of Wealth Transparency features Andrew Tang of Turner Financial Group and Michelle Connell of Portia Capital Management breaking down the difficult decisions f...

JP Morgan is posting a 20% return on equity, the national debt is closing in on $40 trillion, and shipping lanes are being rerouted around active conflict zones.

In today's rapidly changing economic environment, understanding the financial landscape is crucial. Joining me on the latest episode of Wealth Transparency are Michelle Connell of Portia Capital Management and Andrew Tang of Turner Financial Group. We dive into how ...

The Fed held steady. Oil is moving markets. And the AI race just picked a new front line.

Inflation remains elevated, yet many consumers still feel squeezed. Earnings continue to grow, yet questions around valuations remain. Geopolitical tensions threaten energy markets, while artificial intelligence continues to shift where capital is flowing.

Michelle Connell of Portia Capital Management and Andrew Tang of Turner Fi...

The cracks spreading through the American economy right now are more connected than most people realize.

Michelle Connell of Portia Capital Management and Andrew Tang of Turner Financial Group sat down with me on Wealth Transparency to unpack what is happening across commercial real estate, insurance costs, consumer credit, and the federal deficit simultaneously.

Office delinquencies are sitting at 11%. Insurance prem...

The market may not have a valuation problem. It may have a FOMO problem. Canada in recession. 

San Francisco homes above $5 million up 83% year over year. A Lake Tahoe property bought for $1 million flipped for $18 million. Jeffries shorting SpaceX. Anthropic is potentially reaching the public markets before OpenAI. On this episode of Wealth Transparency, Michelle Connell of Portia Capital Management, Lex Nikpour of Ethos Finan...

Ray Micaletti of Ethos Financial Group called it. Andrew Tang of Turner Financial Group broke it down. Michelle Connell of Portia Capital Management connected the dots behind some of the biggest economic stories driving markets right now.

On this week's Wealth Transparency, the conversation went everywhere. The Strait of Hormuz and its impact on oil. The tariff debate and its impact on American companies. The AI infrastructu...

Families are falling behind, freight markets are slowing down, and businesses are increasingly opting for software over people.

After a few weeks away, Wealth Transparency returned with one of the most uncomfortable conversations we have had yet, as Andrew Tang of Turner Financial Group and Michelle Connell of Portia Capital Management connected the dots between rising credit card stress, spreading layoffs, weakening shippin...

Consumer sentiment just hit an all-time low. Americans are spending more than ever. And nobody can explain why. Until now.

This week on Wealth Transparency, Michelle Connell of Portia Capital Management and Andrew Tang of Turner Financial Group did not just connect the dots. They redrew the entire map and handed it to you.

OPEC dropped output 27% in a single month. The IMF slashed global growth forecasts. Green invest...

Six topics. One conversation. And not a single one of them is getting the attention it deserves.

Michelle Connell of Portia Capital Management and Andrew Tang of Turner Financial Group joined me this week on Wealth Transparency, and we went everywhere. Bond markets, the Strait of Hormuz, mortgage demand, oil futures, ECB leadership, and the IMF. These are not isolated stories. They are all pulling on the same thread. <...

The financial landscape is more unpredictable than ever. On Wealth Transparency,  I sit down with Michelle Connell from Portia Capital Management, Lex Nikpour from Ethos Financial Group, and Andrew Tang from Turner Financial Group to uncover the hidden pressures shaking markets today.

From oil volatility to inflation spikes and global tensions, this full episode dives into how these forces are affecting your investments...

Oil prices are soaring, and everyone is watching. But why are some investors betting against the trend?

In this episode of Wealth Transparency, I sit down with Bill Lane of Ethos Financial Group, Michelle Connell of Portia Capital Management, and Andrew Tang of Turner Financial Group to examine how oil, inflation, and interest rates interplay, and what that could mean as conditions evolve.

As the discussion unfolds, a...

Yesterday I asked a question.

What happens if the world stops buying America’s debt?

Today’s full Wealth Transparency episode takes that question much further. I’m joined by Andrew Tang of Turner Financial Group and Michelle Connell of Portia Asset Management as we examine rising debt, shifts in the labor market, the explosion of artificial intelligence infrastructure, and how investors are thinking ...

The market is terrified, and right now, fear is spreading faster than the headlines.

On Wealth Transparency, I sit down with Andrew Tang from Turner Investments and Michelle Connell from Portia Capital Management to show how market panic is driven more by fear and uncertainty than by real economic threats.

Oil disruptions through the Strait of Hormuz and LNG shortages are rattling markets, but the fear is far greater ...

Markets are rattling even when giants report record earnings. Time is running out to understand why.

That reaction should jolt you, not reassure you.

Here is what that silence is signaling right now:
•AI-fueled revenue strength is colliding with hesitation in price conviction.
•Massive data center and infrastructure spending is rising while expectations rise even faster.
•Rate volatility and housing pressure ...

The Dow hits 50,000.

China is pulling back from U.S. debt. Interest rate shifts are looming. Iran tensions are escalating.

Michelle Connell of Portia Capital Investment Management, Andrew Tang of Turner Investment Management, and Bill Lane and Lex Nikpour of Ethos Financial Group join me in Episode 3 of Wealth Transparency to cut through market headlines and give investors insight into the risks and opportunities shap...