MiB: Schwab’s Liz Ann Sonders

This week, our Masters in Business radio podcast, we speak with Liz Ann Sonders, Chief Market Strategist for Charles Schwab.

Early in her career, Sonders worked for the legendary Marty Zweig, where she learned the importance of sentiment analysis. She also had a front seat to the 1987 crash, accurately forecast by Zweig. Sonders was also a guest host for Wall Street Week, substituting for Louis Rukeyser.

At Schwab, she is part of a team that overseas $2.52 trillion in client assets.

Stream the show live at 10am and 6pm today at Bloomberg; listen to the full podcast at Bloomberg, on Apple iTunes or SoundCloud. All of our earlier podcasts are now available on iTunes.

Next week, we speak with SkyBridge Capital’s Anthony Scarammucci.


Category: Podcast

10 Weekend Reads

Its the weekend, and that means our longer-form, Brooklyn sourced, artisanal reads: • How Wall Street captured Washington’s effort to rein in banks (Reuters)  see also Can Bankers Behave?Government regulators begin to question whether financial institutions can be reformed at all. (The Atlantic) • Apple Watch: An Overnight Multi-Billion Dollar Business (Carl Howe) • Payday at the mill:…Read More

Category: Financial Press

Shaggy Off: Steve Higgins vs Shaggy

Higgins and Shaggy go head to head in a rap battle to determine who’s the better Shaggy.  

Category: Friday Night Jazz, Music, Weekend

Succinct Summations of Week’s Events 4.24.15

(Very) succinct summations for week ending April 24th: Positives: 1. The S&P 500 made a new all-time high. 2. Mortgage applications rose 5% w/o/w. 3. The NASDAQ Composite closed at its highest level in fifteen years. 4. Initial jobless claims came in at 295k, the seventh week below 300k. 5. Durable goods increased 4%, vs…Read More

Category: Markets

Nasdaq Bubble Stole From Future Returns

Yesterday, we discussed why the Standard & Poor’s 500 Index has gone sideways for the past few months. The prime suspects were rich valuations, earnings crimped by falling energy prices and higher returns to be had overseas. Today, I want to look at the Nasdaq Composite Index. It closed at 5,056.06 yesterday, surpassing its March 2000 dot-com…Read More

Category: Markets, Psychology, Sentiment, Valuation, Web/Tech

Is the Nasdaq in another bubble? (An Interactive Journey)

Click for crazy cool an interactive roller coaster. Source: WSJ

Category: Cycles, Digital Media, Markets, Valuation

10 Friday AM Reads

As the week comes to a close, we begin prepping you for the weekend with our expertly curated morning train reads: • Zweig: Don’t Overpay for Technology Again (MoneyBeat) see also Turning the Nasdaq crash and recovery into a POV rollercoaster ride (WSJ) • Michael Lewis: Crash Boys (BV) • Facebook and the Feed (stratechery) see also Facebook changes its…Read More

Category: Financial Press

New All Time Nasdaq Highs

Nasdaq Surge Lifts Internet Boosters of the Past Source: WSJ  

Category: Markets, Technology

1965 Sunbeam Tiger

Looks a lot like the classic MGB GT to me! Inspired by the Shelby Cobra, while eyeing the sales numbers of the larger Ford Mustang, the Sunbeam Tiger was a mashup. Using the same 4.7-litre Ford V8 (200HP). Jensen Motors in West Bromwich, UK produced 7,100 of these V8 muscle-cars between 1964 and 1967. They looked identical…Read More

Category: Weekend

Category: Commodities, Think Tank