AI, oil and rates drive the market outlook 9/23/26
Summary
Morgan Brennan opens the show with a market update, noting flat futures and a pullback in chip stocks despite recent AI gains. The episode covers President Xi Jinping’s arrival in Washington for a summit with President Trump, focusing on geopolitical tensions, Taiwan, and the potential impact on trade. Guests discuss the falling oil prices driven by US-Iran talks and the risks of a potential US product export ban, while also analyzing the "consumer inertia" sector selling off due to Meta’s new AI agent. Finally, the panel debates AI safety regulations, with Congressman George Whiteside advo…
Topics discussed
Sponsor: Edward Jones financial planning
Morning Call intro and market open
Market overview: AI trade and copper highs
Global markets and Swiss banking capital rules
Xi Jinping's US visit and business delegation
Market bifurcation, Fed policy, and AI investment
Sponsors: Google Cloud and CDW
Oil prices, Hormuz risks, and product export bans
Six Flags activist investor report
Sponsors: Google Cloud and Schwab
Quantum computing, SoftBank bonds, and earnings
Interview: AI safety stand-down proposal
Meta AI agent impact on consumer stocks
Trading day outlook: AI, rates, and geopolitics
Listen ad-free on Castria