Morning Call 10/19/26
Summary
Morgan Brennan opens the show with a market check, noting a tech rebound in the Nasdaq following a volatile week driven by AI concerns and geopolitical tensions. Guests Tom Lee and Ben Emmons discuss the "coiled spring" nature of the market, highlighting opportunities in unwound AI positions and the growing role of blockchain in financial infrastructure. The segment also covers Berkshire Hathaway’s near-record highs and its strategic pivot toward housing and energy. Later, Henrietta Trace analyzes how affordability issues and the Russia-Ukraine conflict are influencing key U.S. Senate races…
Topics discussed
Sponsorships: Edward Jones and LinkedIn Premium
Market open: Futures, VIX, and energy prices
Global markets: Asia, Europe, and oil updates
U.S. recap: Tech-led selling and chip sector
Interview: Tom Lee and Ben on market sentiment
Opportunities in AI, credit, and crypto
Crypto resilience and blockchain infrastructure
Earnings season and SpaceX IPO impact
Sponsorships and stock watch: iPhone, Microsoft, SoftBank
Sponsorships: Amica, Wise, and ZocDoc
Headlines: Anthropic, Musk, Putin, and Indonesia
Berkshire Hathaway: All-time highs and AI exposure
Market update: Futures, VIX, and energy
France: Protests, political unrest, and market impact
Midterm elections: Geopolitics and state-level races
SpaceX Starlink dispute with Ukraine
Morning Call: Inflation, rates, and earnings outlook
Sponsorship: ZepBound prescription medicine
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