10AM Hour: Middle East Attacks Rattle Energy Markets, Social Security Commissioner, iPhone Demand Slowdown? 10/12/26
Summary
This episode covers rising oil prices following a deadly Houthi attack on Riyadh airport, with expert Brian Sullivan analyzing the disconnect between futures and actual landed crude costs. Social Security Commissioner Frank Bissignano discusses the upcoming cost-of-living adjustment and the rollout of Trump accounts. Morgan Stanley’s Eric Woodring explains why the iPhone 18 bull case is weakening due to component order cuts, while Adam Parker from Trivariance outlines his earnings outlook and portfolio strategy for the year-end.
Topics discussed
Sponsor: Fanatic Sportsbook
Intro: Upcoming earnings and guest announcements
Consumer spending, wage growth, and wealth gap analysis
Saudi Arabia attacks, oil shipping costs, and energy security
Sponsor: Amica Insurance and Schwab Market Update
Earnings outlook, AI impact, and portfolio management strategies
Preview of Social Security and Apple segments
Interview: Social Security Commissioner Frank Bissignano
News update: Rep. Omar raid and Pope's health
Apple iPhone 18 supply chain and demand concerns
Meta options activity and market sentiment
Sarah Eisen's Real Time appearance on AI and progress
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