Advertise on podcast: Futures Edge Show: Finance Unfiltered with Jim Iuorio and Bob Iaccino

Why are U.S. bond yields rising even as economic growth remains strong? Erik Norland, Managing Director and Chief Economist at CME Group, joins Jim Iuorio and Bobby Iaccino to break down the forces reshaping the U.S. economy, Treasury market, inflation, and interest rates. They explore rising government debt costs, whether heavy T-bill issuance can expand the money supply, why inflation acts like a form of default, AI’s inflationary and potentially disinflationary effects, the impact of higher oil prices, housing, recession risk, and what today’s economic boom could mean for markets. Timestamps  00:00 Erik Norland Joins Futures Edge 01:01 Why Are Treasury Yields Rising? 02:07 America’s Rising Cost of Government Debt 03:00 Could the U.S. Enter a Debt Spiral? 05:14 Is Treasury Issuance Expanding the Money Supply? 07:20 Could the Fed Buy More Government Debt? 08:29 Why Does the Fed Want 2% Inflation? 08:55 Inflation Is a Form of Default 12:04 Will AI Eventually Lower Inflation? 15:24 Is the U.S. Entering an Economic Boom? 17:25 Are Interest Rates Actually Too High? 18:41 Could Housing Prices Finally Fall? 22:02 How Much Is Oil Adding to Inflation? 23:29 Could an Oil Shock Cause a Recession? 26:17 Is Main Street Missing the Market Boom? 30:55 What Happens to Jobs in the AI Economy? 33:35 Technology, Inequality & the Next Economic System 36:05 Final Thoughts 📧 Newsletter ➡️ https://the-unfiltered-investor.beehiiv.com/ 🔗 Stay Connected With Us   https://x.com/bob_iaccino  https://x.com/jimiuorio   https://www.linkedin.com/in/bob-iaccino/  https://www.linkedin.com/in/james-iuorio/  🔔𝐃𝐨𝐧'𝐭 𝐟𝐨𝐫𝐠𝐞𝐭 𝐭𝐨 𝐬𝐮𝐛𝐬𝐜𝐫𝐢𝐛𝐞  📩 For business inquiries: [email protected] #Economy #Bonds #Inflation #InterestRates #FuturesEdge

Will the Fed hike interest rates even as inflation remains stubborn? Jim Iuorio and Bobby Iaccino break down the Federal Reserve’s next move under Kevin Warsh, why the market is pricing in a rate hike, and whether the Fed risks tightening for the wrong reasons. They also analyze Bitcoin’s latest rally and the Clarity Act, gold and currency debasement, crude oil above $100, Treasury yields, and the technical setups they’re watching across markets. Timestamps  00:40 Should We Be Terrified of AI? 02:48 The Real Risk of AI Misalignment 05:27 Jim’s Russell 2000 Trade 07:11 Are Markets Already in a Pullback? 09:11 Crude Oil Surges Above $100 10:45 What Happened to the Saudi Oil Pipeline? 12:27 Where Could Oil Go Next? 13:22 Will the Fed Hike Interest Rates? 14:47 The Ghost of Jerome Powell 15:45 Inflation, Kevin Warsh & the Fed’s Next Move 17:36 Does Fed “Credibility” Really Matter? 18:40 Should Interest Rates Follow a Formula? 19:33 Can Higher Rates Actually Fuel Inflation? 21:20 Bitcoin Rallies Ahead of the Clarity Act 23:05 Is Bitcoin Starting Another Major Run? 24:19 Could Bitcoin Reach $150K? 25:11 Bitcoin, Gold & Currency Debasement 25:54 Why Gold Is Looking Weak 28:01 Silver’s Potential Double Bottom 30:34 Why the GLD Trade Is No Longer Valid 32:32 Final Fed Rate Hike Prediction 33:13 Should Social Security Be Means-Tested? 35:23 What’s Coming Next on Futures Edge  Newsletter  https://the-unfiltered-investor.beehiiv.com/  Stay Connected With Us   https://x.com/bob_iaccino  https://x.com/jimiuorio   https://www.linkedin.com/in/bob-iaccino/  https://www.linkedin.com/in/james-iuorio/  𝐃𝐨𝐧'𝐭 𝐟𝐨𝐫𝐠𝐞𝐭 𝐭𝐨 𝐬𝐮𝐛𝐬𝐜𝐫𝐢𝐛𝐞   For business inquiries: [email protected] #FederalReserve #Bitcoin #Gold #Oil #Markets #FuturesEdge

Former U.S. Senator and current New Hampshire U.S. Senate candidate Scott Brown joins Jim Iuorio and Bobby Iaccino on Futures Edge to discuss America’s nearly $40 trillion national debt, government spending, taxes, the Federal Reserve, and what he would change if elected to the Senate again. Brown explains why he wants to audit federal agencies including the Fed and proposes a 10% across the board cut to federal agencies. He also discusses his controversial Dodd-Frank vote, lowering taxes, capital gains, congressional term limits, political polarization, and what actually happens behind the scenes in Washington. Timestamps 01:41 Scott Brown Joins Futures Edge 04:02 From the U.S. Senate to Playing With Cheap Trick 07:23 Why Scott Brown Is Running for Senate Again 08:12 America’s Nearly $40 Trillion Debt Problem 09:14 Government Involvement in Private Industry 10:19 Why Scott Brown Voted for Dodd-Frank 13:22 What Voters Don’t See About Congressional Votes 15:22 Does Congress Actually Read the Bills? 16:24 Independence in Washington 17:29 Who Funds Scott Brown’s Campaign? 18:12 Why the New Hampshire Senate Race Matters 19:44 Taxes, Government Revenue & Economic Growth 22:48 Rethinking the Capital Gains Tax 24:10 Civics Education in America 25:48 Why Politics Has Become So Divisive 29:12 Scott Brown on Fairness in Women’s Sports 34:54 Where Scott Brown Finds Optimism 36:22 The Childhood Story That Shaped His Life 38:15 Inequality & America’s K-Shaped Recovery 39:49 Student Loans & Government Intervention 40:23 Economic Mobility in America 41:23 What Does a U.S. Senator Actually Do? 42:31 Why Scott Brown Supports Congressional Term Limits 44:50 How Politicians Prepare for the Media 45:54 Scott Brown on Media Bias 47:57 Closing Thoughts  Newsletter  https://the-unfiltered-investor.beehiiv.com/ Stay Connected With Us   https://x.com/bob_iaccino  https://x.com/jimiuorio   https://www.linkedin.com/in/bob-iaccino/  https://www.linkedin.com/in/james-iuorio/  𝐃𝐨𝐧'𝐭 𝐟𝐨𝐫𝐠𝐞𝐭 𝐭𝐨 𝐬𝐮𝐛𝐬𝐜𝐫𝐢𝐛𝐞  For business inquiries: [email protected] #ScottBrown #USSenate #NationalDebt #FederalReserve #FuturesEdge

Luke Gromen joins Jim Iuorio and Bobby Iaccino on Futures Edge to break down why mounting U.S. fiscal pressure could create a powerful long-term setup for gold, including why he believes $7,800 gold within the next five years is entirely plausible.They examine pressure in the Treasury market, Japan and the yen carry trade, fiscal dominance, negative real rates, and why stocks can continue rising in dollar terms while losing value against gold. The conversation also turns to AI. Luke explains why the “easy” AI trade may be over, how rapidly improving Chinese AI models could challenge the economics behind massive U.S. AI investment, and why extreme valuations leave little room for disappointment.Plus, they discuss oil, China’s growing leverage in global energy markets, the Iran conflict, EV adoption, and whether AI-driven job displacement could eventually force policymakers toward universal basic income.Timestamps00:06 Luke Gromen Returns to Futures Edge01:13 Japan, the Yen & U.S. Treasury Risk02:16 Why the U.S. Fiscal Math Is Breaking05:32 “The Debasement Trade Is Back”06:09 The Dollar & Yen Carry Trade Problem09:01 Could Gold Reach $7,800?10:32 Luke Gromen’s Case for Higher Gold12:25 Who Still Wants 30-Year Treasuries?14:09 Stocks in Dollars vs. Stocks in Gold15:37 Should Investors Keep Buying Gold?16:51 What Was Holding Gold Back?18:47 What Could Go Wrong With the AI Boom?20:13 China’s Threat to U.S. AI Economics23:47 Chinese AI vs. Western AI27:37 America and China’s Different AI Strategies30:44 Is the Easy AI Trade Over?33:12 Are Stocks Already in a Bear Market vs. Gold?34:33 Will AI Make Universal Basic Income Necessary?39:56 Where Oil Prices Go From Here41:37 Oil, Treasury Yields & China43:04 China’s Growing Control Over the Oil Market47:38 Why Oil May Top Out Near $9450:47 The Gold-to-Oil Ratio & Petrodollar Stress51:20 Where to Follow Luke Gromen Newsletter https://the-unfiltered-investor.beehiiv.com/Follow Luke Gromenhttps://x.com/LukeGromen?lang=enStay Connected With Us https://x.com/bob_iaccino https://x.com/jimiuorio https://www.linkedin.com/in/bob-iaccino/ https://www.linkedin.com/in/james-iuorio/ 𝐃𝐨𝐧'𝐭 𝐟𝐨𝐫𝐠𝐞𝐭 𝐭𝐨 𝐬𝐮𝐛𝐬𝐜𝐫𝐢𝐛𝐞 For business inquiries: [email protected]

John Strand says he spent 48 minutes inside the Capitol on January 6th, providing security for Dr. Simone Gold, founder of America's Frontline Doctors. Twelve days later, an FBI SWAT team broke down his door in Beverly Hills, held him for four days without a phone call, and charged him with five felonies, including one carrying a 20-year sentence. Strand, author of "Patriot Plea" and a candidate for Florida's 19th Congressional District, joins Jim Iuorio and Bobby Iaccino to describe what he says he actually witnessed that day, his prosecution and time in federal prison, and why he's now running for Congress Timestamp 00:00 John Strand's FBI Raid & Prison Story 01:30 Introducing John Strand & His Congressional Campaign 02:42 Why January 6 Still Divides America 04:17 What Really Happened on January 6? 05:47 From Hollywood to Political Activism 07:12 FBI SWAT Raid, Arrest & Felony Charges 08:23 Were FBI Informants on January 6? 10:33 Inside the Capitol Crowd Before the Chaos 13:06 The Moment Everything Changed 15:18 Why People Were Marching to the Capitol 17:29 The Purpose Behind the January 6 Gathering 20:41 PTSD After Prison & Government Prosecution 21:33 Patriot Plea: John Strand's Full Story 24:16 Cancel Culture, Government Power & Free Speech 25:58 Why John Strand Is Running for Congress 29:28 Restoring the Constitutional Republic 31:09 What Should Congress Actually Do? 33:37 The 2020 Election Debate 37:48 PTSD, Faith & Writing Patriot Plea 41:30 Trauma, Prison & Being Prosecuted by Your Own Government 43:18 Final Thoughts & Where to Find John Strand Newsletter   https://the-unfiltered-investor.beehiiv.com/  Follow John Strand https://www.instagram.com/johnstrandusa/?hl=en Stay Connected With Us   https://x.com/bob_iaccino  https://x.com/jimiuorio   https://www.linkedin.com/in/bob-iaccino/  https://www.linkedin.com/in/james-iuorio/  For business inquiries: [email protected]

AI represents the single greatest disruption to higher education cartels in generations. That's why so many institutions are teaching students that it's evil. Erika Donalds, founder of the Education Freedom Foundation and Chair of the Center for Education Opportunity at America First Policy Institute, joins Jim Iuorio and Bobby Iaccino to break down how AI is upending the university system, where the Trump administration actually stands on dismantling the federal Department of Education, and why civics and literacy have collapsed in K-12 schools. Donalds argues that AI is going to lessen the need for higher education in its current form, run by what she calls "the education cartels," including the university systems, accreditation bodies, and unions that have kept innovation out and ballooned costs for decades Timestamp  01:20 – Erika's Italian heritage and family background 02:19 – Erika's recent Washington Examiner article 03:13 – What should university presidents do about AI? 04:24 – Is elite schools' AI rigidity just hubris? 05:34 – Separating AI cheating from AI learning 06:34 – How assignments can show the AI process, not just the answer 08:24 – The "education cartels" quote: AI's disruption of higher ed 09:45 – AI will reduce the need for higher ed in its current form 11:42 – Elite universities in the crosshairs: is networking still worth it? 13:59 – Civics education collapse and the viral "Botswana" story 15:30 – How civics got pushed aside for reading and math testing 17:13 – The World Cup and America 250: a national pride boost 18:48 – Gramsci and academia as an ideological battleground 19:49 – Progress dismantling the Department of Education 20:26 – McMahon's interagency agreements: student loans to Treasury 22:48 – Congress files 10 bills to finish the job 24:08 – Keri Ingraham's 10% funding stat, confirmed 24:21 – The bureaucracy tax: 37-40 cents lost per dollar 26:39 – Minimum wage laws are killing teen employment 30:42 – Vocabulary and literacy collapse: "halted in sixth grade" 31:33 – Only a third of college freshmen have read a full book 33:52 – Student loan reforms in the "big beautiful bill" 35:34 – Will there be AI-focused trade schools? 37:32 – Interpersonal skills are becoming more valuable than ever 39:41 – Is college more about indoctrination than skill-building? 44:03 – Florida's personalized success plans: four pathways from 6th grade 49:41 – Where to find Erika Donalds and the Education Freedom 📧 Newsletter  https://the-unfiltered-investor.beehiiv.com/ ➡️ Follow Erika Donalds https://www.instagram.com/erikadonalds/?hl=en https://www.linkedin.com/in/edonalds 🔗 Stay Connected With Us   https://x.com/bob_iaccino  https://x.com/jimiuorio   https://www.linkedin.com/in/bob-iaccino/  https://www.linkedin.com/in/james-iuorio/  🔔𝐃𝐨𝐧'𝐭 𝐟𝐨𝐫𝐠𝐞𝐭 𝐭𝐨 𝐬𝐮𝐛𝐬𝐜𝐫𝐢𝐛𝐞  📩 For business inquiries: [email protected]

Jim Everett, third overall pick in the 1986 NFL Draft, former Los Angeles Rams quarterback, and Purdue legend, joins Jim and Bobby to share the financial journey he built after football. From running his own registered investment advisory firm to holding Bitcoin since 2014, Everett offers a rare look at wealth building from an NFL quarterback's perspective. Jim Everett, who has held Bitcoin since 2014, says he won't recommend a fixed percentage for anyone's portfolio, but believes if you don't hold any Bitcoin at all, you're making a mistake. Timestamp  00:00 – Intro  00:55 – Purdue vs. Illinois banter 02:41 – Starting his RIA: avoiding the "no-risk return" NFL client trap 03:48 – Why finance over broadcasting: divorce, custody, and staying home 04:30 – The "Jim Everett the football player vs. the asset manager" problem 06:29 – Football as a metaphor for investing: "you're going to have bad weather" 07:57 – Crypto asset vs. cryptocurrency: how he frames Bitcoin vs. "shitcoins" 09:41 – Why he still holds Bitcoin since 2014, and how much is enough 10:45 – Companies riding the Bitcoin infrastructure wave: IREN, ClearSpark 11:56 – IREN chart breakdown with Bobby 14:11 – The Bitcoin "cult," and miners pivoting from mining to compute 17:17 – The four-legged table: portfolio allocation philosophy 19:51 – STRF: Strategy's 10% preferred note, explained 21:12 – Purdue teammates and staying in touch 24:12 – Chicago Bears, Arlington Heights, and the stadium that almost was 25:35 – Race in college football: 1986 vs. today 28:56 – Why NFL tight end usage has changed so much 31:24 – Bringing back the fullback: Aaron Donald edition 35:03 – NFL stadium economics: gate revenue, box seats, and leverage 39:15 – Who's really to blame for Chicago's stadium fight 41:15 – The Jim Rome incident, revisited 46:08 – Sports media, disclaimers, and shock-jock culture 49:18 – The "Take a Station Break" mug story 53:35 – Inviting Everett back for a finance-only episode 55:00 – Quantum computing teaser: IonQ, QBTS, Rigetti 📧 Newsletter ➡️ https://the-unfiltered-investor.beehiiv.com/ 🔗 Stay Connected With Us   https://x.com/bob_iaccino  https://x.com/jimiuorio   https://www.linkedin.com/in/bob-iaccino/  https://www.linkedin.com/in/james-iuorio/  🔔𝐃𝐨𝐧'𝐭 𝐟𝐨𝐫𝐠𝐞𝐭 𝐭𝐨 𝐬𝐮𝐛𝐬𝐜𝐫𝐢𝐛𝐞  📩 For business inquiries: [email protected]

Is the Department of Education really being dismantled, or is this just political theater? In this episode, Jim Iuorio sits down with Discovery Institute senior fellow Keri Ingraham to break down what's actually happening inside Washington's push to unwind federal control over K-12 education. Ingraham has been in the room for it from the White House executive order that started the process to the policy fights over student loans and school choice. They get into why the federal government only funds about 10% of public education but controls 90% of the rules, why $1.7 trillion in student loans is moving to the Treasury, and how a new $1,700 tax credit is already pulling Democrat governors into the school choice fight. Keri also makes the case for trade schools, micro schools, and rethinking what a "good" education path looks like. If you want to understand where American education is actually headed, this is the conversation. Timestamps:  00:01 Introduction and Guest Overview  01:15 Keri Ingraham's Background and Role in Washington  02:48 Is Department of Education Reform Real or Just Talk  05:41 The 10/90 Funding and Regulation Gap 09:21 Returning Education Control to the States  12:05 Moving Student Loans to the Treasury  16:20 Should Loans Cover Degrees That Don't Pay Off  18:45 Aviation Academy and the $188K Pilot Path 21:06 College Networking vs Skipping the Degree  26:34 The Rise of Micro Schools  29:00 Public Education as a Jobs Program  36:22 The $1,700 Education Freedom Tax Credit 43:12 Teacher Certification as a Barrier to Talent  46:53 Personal Finance vs Algebra II in Graduation Requirements Follow Keri Ingraham https://x.com/KeriDIngraham?lang=en https://www.linkedin.com/in/keridingraham  Stay Connected With Us   https://x.com/bob_iaccino  https://x.com/jimiuorio   https://www.linkedin.com/in/bob-iaccino/  https://www.linkedin.com/in/james-iuorio/  For business inquiries: [email protected]

The AI productivity boom everyone is celebrating isn’t real. Strip out semiconductor operating leverage, and the average S&P 500 company is still below its 2022 margin highs. What looks like a productivity story is really just fixed-cost businesses growing into their capacity. Cameron Dawson, Chief Investment Officer at New Edge Wealth, joins Jim Iuorio and Bobby Iaccino to break down what's really driving markets and what history says could happen next. Timestamp 00:00 Intro and Sponsors02:08 Friday's Sell-Off: Was It Anything to Worry About02:28 SOX 76% Above 200-Day: the Rerating That Already Happened04:19 Repricing, Not a Reckoning: Unprofitable Tech Up 65% Since March Lows05:05 Dot-Com Bubble Parallels in Today's Market06:28 The Two Components of Every Bubble: Real Earnings and Speculation07:02 Real Earnings Existed in 1999 Too09:01 What Happened to Unprofitable Tech in 2021: 80-90% Drawdowns10:49 Jim's SMH Back Spread Trade13:13 How Important Is the Consumer in This Capex Cycle13:57 The Stock Market Is Now More Important for the Consumer Than Vice Versa15:06 Real Wages Negative: Consumers Dipping Into Savings16:24 We Are All One Trade: Why Micron's Gross Margin Is the Number That Matters16:59 Volatility That Hurts: It's About Duration, Not Just Magnitude17:52 US Large Cap Tech at 97th Percentile Positioning19:00 1973 vs Today: Why This Oil Shock Is Different20:54 Big Tech Shift: From Spending Cash to Raising Equity22:28 CapEx Growth Forecasts: 10% Last Year, 80% for 202623:14 Google's Equity Offering: Tone Shift or Chink in the Armor25:32 Why Frontier Models Won't Turn a Profit26:30 Retail Now Drives Two-Thirds of Market Volume26:54 Institutions Got to First Percentile Positioning29:34 What Would Actually Trigger a 2000 or 2008 Scenario30:02 History: 1996 to NASDAQ Peak in March 200031:25 How Cameron Defines a Bubble32:42 Gold Breaking Down34:11 Gold Below 200-Day for the First Time in Three Years35:11 Gold Is Only an Inflation Hedge When the Fed Isn't Fighting It36:44 Why Hot Inflation Was Always the Worst Thing for Gold40:27 Infrastructure Players Rarely Win41:15 The AI Productivity Boom Is Actually Semiconductor Operating Leverage42:22 Micron: Negative Margins Three Years Ago, 80% Gross Margins Today42:46 Strip Out Semis: Average S&P Still Below 2022 Margin Highs43:34 Copper and Industrial Metals Stronger Than Precious for 3 Months45:15 SpaceX IPO: What Sector, What Valuation, What It Signals47:49 S&P Pushes Back on Relaxing Profitability Rule48:54 Palantir Parallel: 90x Sales Marked the Top51:15 Closing Thoughts: Travel, Italy, Costa Rica  Stay Connected With Us   https://x.com/bob_iaccino  https://x.com/jimiuorio   https://www.linkedin.com/in/bob-iaccino/  https://www.linkedin.com/in/james-iuorio/  For business inquiries: [email protected]

Jim Iuorio spent 39 years on a trading floor. Bobby Iaccino once broke his golf clubs in half and threw them in a lake because he couldn't handle being bad at something. Both admit they beat themselves up constantly to perform better. Dr. Steven Sideroff, a UCLA clinical psychologist and peak performance researcher, says they've had it completely backwards. Sideroff, who has published research describing stress as "the master hallmark of aging," explains why traders and high performers become neurologically wired to crave stress, why beating yourself up actually undermines performance instead of improving it, and why the body can only operate in one of two modes at a time: defend-and-protect or heal-and-grow. They also get into the nine pillars of his resilience model, how the emotional state of people around you can physically alter your own brainwave patterns, and practical tools for sleep, recovery, and breaking automatic stress patterns that no longer serve you. Timestamps:00:00 Intro: "When I Stress, I Have Success"00:51 Meet Dr. Steven Sideroff: UCLA, Nine Pillars of Resilience01:45 About the Guest: Topanga Canyon, 79 and Still Mountain Biking03:08 Biological Age Study: Can Resilience Slow Aging04:26 Low-Carb Diet: Jim's 3-Year Energy Transformation05:05 Is Stress the Number One Factor in Aging05:36 How Stress Impacts Every Area of Performance and Health06:19 The Stress Sweet Spot: Why We're Designed to Overshoot It07:54 What Stress Actually Is: Any Threat to the Body's Balance09:20 Pillar 5: Mental Balance, Growth vs Fixed Mindset10:27 Bobby Threw His Golf Clubs in a Lake: Was That Right12:02 Cortisol: Does It Show Up With All Types of Stress13:03 Two Body Modes: Defend and Protect vs Heal and Grow13:46 Jim: 39 Years on a Trading Floor, Just Retired, Can't Relax14:36 Psilocybin: Not Necessarily a Bad Choice15:13 Traders Become Addicted to Stress: the Donald Hebb Connection16:39 Meditation vs Distraction: There's a Real Difference19:35 Avoid Stress or Learn to Balance It? The Answer Is Both21:12 How Traders Used Alcohol to Decompress22:22 No Single Worst Addiction: It Depends on Loss of Control23:21 The Stress of Debt: What to Do Once You Have a Plan24:08 Pillar 6: Emotional Unfinished Business Drives Debt27:05 Physical Symptoms of Unmanaged Stress28:08 Jim on THC for Sleep: What's the Real Downside29:26 Waking Up at 3am Thinking About Your To-Do List? That's Stress30:34 I Want to Be the Leader of My Own Life32:25 Sauna and Cold Plunge: Stress at the Mitochondrial Level33:54 Stress Is the Master Hallmark of Aging35:11 Can Obsessive Exercise Become a Crutch35:59 The Nine Pillars of Resilience: Full Breakdown39:11 Heart Rate Variability and Quantum Entanglement on the Trading Floor41:32 Beating Yourself Up Doesn't Make You a Peak Performer43:11 How to Break an Automatic Pattern That No Longer Serves You  Stay Connected With Us   https://x.com/bob_iaccino  https://x.com/jimiuorio   https://www.linkedin.com/in/bob-iaccino/  https://www.linkedin.com/in/james-iuorio/  For business inquiries: [email protected]

Trump promised to end wars. Now he's bombing Iran, and one of Wall Street's sharpest independent thinkers says it may have just cost him his entire legacy. Jim Iuorio and Bobby Iaccino sit down with Dr. Dave Collum, Professor of Organic Chemistry at Cornell University, to unpack what's really happening in Iran and oil markets. Collum argues the Strait of Hormuz can't be replaced as an oil transit route for at least a decade, which is why he thinks the current supply chain stress could take years, not months, to unwind and why he believes the second strike on Iran may have cost Trump his legacy. They also get into Boomers' dangerous overexposure to stocks, why gold's refusal to rally or collapse is telling investors something important about the recession-versus-inflation debate, and whether the 1970s oil crisis was as manufactured as this one might be. Timestamps:00:00 Intro and Sponsors03:37 Trump and the Epstein Files: Why It's Never Happening05:57 Has Trump Been a Disappointment This Term07:00 Twitter Fatigue, AI Slop, and the Death of Real Content10:05 Andrew Ross Sorkin, AI-Written Books and Media Credibility13:17 How Much Should the Average Person Care About Geopolitics13:55 Boomers Are Dangerously Overexposed to Stocks15:02 Apple's Price Went Up 10x on 50% Revenue Growth: What Does That Mean16:00 Thomas Massie, Trump, and the Israel Connection18:42 Charlie Kirk, Israel, and Why They "Squash" Dissent Publicly21:09 The Tucker Carlson Controversy: Patton, Hitler, Stalin, and WWII Revisited26:43 Iran, Oil, and the Real China Play27:19 The Strait of Hormuz: Why It's a Decade to Replace30:13 Monroe Doctrine 2.0: Venezuela, Greenland, and US Hemisphere Strategy33:44 Trump Thought It'd Be Over by Now: His Grandiose Miscalculation34:05 Can We Actually Bomb Iran's Nuclear Facility? Dave Says No35:38 Did the Second Iran Strike End Trump's Legacy41:47 Are Supply Chains Already Broken Beyond Repair44:36 Gold Is Confused: What It's Telling Us About Recession vs Inflation48:06 The 1970s Oil Crisis: Was It Manufactured?52:17 Every Asset Is a Time Bomb: What Happens When One Triggers the Rest  Stay Connected With Us   https://x.com/bob_iaccino  https://x.com/jimiuorio   https://www.linkedin.com/in/bob-iaccino/  https://www.linkedin.com/in/james-iuorio/  For business inquiries: [email protected]

Nine straight weeks of gains on the S&P  and market breadth is quietly falling apart underneath it. In this episode, Jim Iuorio and Bobby Iaccino sit down with Mike Arnold, chief technician at Unfiltered Investor, to break down why the rally looks stretched even as stocks keep grinding higher. Mike points to a lopsided options market 70% of everything traded last week was calls as a sign that reward-to-risk no longer favors chasing this move, even without a confirmed top. They walk through exact levels on AMD, Microsoft, IonQ, Wendy's, Kohl's, XLV, and gold, debate a wild AMD prediction calling for a run to $980 by June 29, and warn near-retirees against assuming unrealized gains are money in the bank. Timestamps:00:00 Intro and Sponsors01:34 S&P 500: 9 Weeks Up, What History Says Happens Next05:43 How to Hedge an AI Bubble Without Panicking08:24 70% of All Options Are Calls: the Red Flag Nobody's Talking About11:09 Covered Calls vs Naked Calls: Know the Difference12:18 NASDAQ vs S&P: Which One Is More Exposed14:31 How to Read Market Breadth for Free18:32 Put/Call Ratio at Multi-Year Lows: What It Really Means19:11 S&P Rotation Zone: How Far Could a Pullback Go23:03 Warning to Near-Retirees: Your Gains Aren't Banked Yet25:20 XLV Healthcare ETF: Contrarian Play Against AI28:38 Gold: Long-Term Consolidation and Key Levels to Watch31:13 AMD: the $980 Prediction by June 2937:12 Wendy's (WEN): 7% Dividend Plus Technical Setup41:04 Kohl's (KSS): Weekly Double Bottom in Play46:38 Tesla and IonQ: Where Each Trade Breaks Down51:31 Microsoft: Breakout, Reward/Risk, and Where to Take Profits  Stay Connected With Us   https://x.com/bob_iaccino  https://x.com/jimiuorio   https://www.linkedin.com/in/bob-iaccino/  https://www.linkedin.com/in/james-iuorio/  For business inquiries: [email protected]

She spent years fighting for the Green New Deal. Then she started questioning everything. In this episode of Futures Edge, former climate activist Lucy Biggers joins Jim Iuorio and Bob Iaccino to explain how six years inside the climate movement interviewing Greta Thunberg, campaigning against plastic straws, pushing the Green New Deal ended with her walking away from it entirely. They get into the groupthink she says kept her from questioning the science, why natural disaster deaths have fallen 99% over the past century even as the planet warms, the case for nuclear over solar and wind, and why she believes the climate narrative has become a vehicle for surveillance and control rather than a genuine fix. If you've ever wondered what it actually takes for someone to leave a movement they built their identity around, this is that story. Timestamps:00:00 Intro and Welcome to Lucy Biggers01:45 Why We Left Legacy Media03:20 Lucy's Journey From Climate Activist to Skeptic06:10 Groupthink Inside the Climate Movement09:30 COVID and Becoming a Mom as Turning Points13:00 Is Climate Changing? Is It Really Our Fault?17:20 Natural Disaster Deaths Down 99% in 100 Years19:00 The Real Problems With Solar and Wind Energy22:30 Nuclear: the Solution They Blocked25:10 Plastic Straws, COVID PPE and the Contradiction29:00 Climate Elites and Double Standards32:15 CBDCs, Surveillance and Social Control36:00 EVs: Free Choice or Government Mandate39:30 Could AOC or Bernie Ever Change Their Mind42:00 The Future of the Climate Realist Movement44:30 Where to Follow Lucy and Closing Thoughts Follow Lucy Bigger  https://x.com/LLBiggers?lang=en https://www.instagram.com/lucybiggers/?hl=en  Stay Connected With Us   https://x.com/bob_iaccino  https://x.com/jimiuorio   https://www.linkedin.com/in/bob-iaccino/  https://www.linkedin.com/in/james-iuorio/  For business inquiries: [email protected]

Oil is spiking, and stocks aren't blinking. What's actually going on? In this episode of Futures Edge, Jim Iuorio and Bobby Iaccino break down why crude oil keeps climbing, equities shrug it off, what the UAE's exit from OPEC means for global oil prices, and why Venezuela could become the wildcard that reshapes US energy independence. They also walk through the technical setups they're watching on Apple, the Mag 7, and Nvidia heading into earnings. Plus: why silver may be quietly becoming a copper substitute, the Tesla entry Bobby missed and what he's doing about it, and the trade from their newsletter that hit all three profit targets in a single gap-up move. Timestamps:01:30 Stocks vs Oil Disconnect: Why the Market Doesn't Care03:00 CME Trade Against the Pro Challenge Recap05:00 Apple Analysis: Danger Zone at 7-8% From the 50MA08:00 Has the Market Gotten Numb to Volatility11:00 Crude Oil Breakdown: Grinding Lower or Supply Shock Ahead13:30 Goldman Sachs Note: Emergency Oil Reserves Running Out15:00 UAE Leaves OPEC: What Happens to Oil Prices Now18:00 Venezuela Oil: the Wildcard No One's Talking About20:00 Mag 7 ETF Analysis: Room to Run22:30 IonQ vs Rigetti: Which Quantum Computing Stock27:00 Palo Alto (PANW) Breakdown29:00 Silver vs Copper: the Sulfuric Acid Connection32:00 Tesla Missed Entry: Bobby Explains the Process35:00 Newsletter Trade of the Week: Monster Beverage39:00 Spirit Airlines Bankruptcy and Airline Deregulation Stay Connected With Us   https://x.com/bob_iaccino  https://x.com/jimiuorio   https://www.linkedin.com/in/bob-iaccino/  https://www.linkedin.com/in/james-iuorio/  For business inquiries: [email protected]

Jim Bianco says there's one risk that could send stocks down 15 to 20%—and almost nobody is pricing it in. In this episode, Jim Iuorio and Bob Iaccino sit down with Jim Bianco, President and CEO of Bianco Research, to break down what markets are ignoring right now. Bianco lays out why the Strait of Hormuz staying closed longer than expected is the real tail risk nobody's talking about, and why tech keeps hitting all-time highs despite the macro uncertainty around it. They get into why software stocks are getting crushed by agentic AI while semiconductors rip higher, which AI tools are actually worth paying for, what's driving bond yields and inflation expectations, the case for gold and the dollar debasement trade, and why private credit's exposure to software companies could be the next place real stress shows up. If you want to understand what could actually move markets 20% from here, this is the conversation. Timestamps:00:00 Introduction and Guest Overview03:07 Will the Market Work Itself Out This Time04:57 The Strait of Hormuz and What It Means for Oil07:25 What Would Make Stocks Drop 15-20%10:45 Big Tech as a Global Safe Haven Trade12:20 Why Software Stocks Are Getting Crushed by AI14:29 Agentic AI: Beyond Google Search on Steroids16:36 Which AI Tool Should You Actually Pay For22:42 Bond Market: Inflation, Nominal Growth and Rates26:19 Can the US Become the Supplier of Last Resort31:33 The Debasement Trade: Gold, Bitcoin and the Dollar36:08 How Does One Go Bankrupt? Slowly, Then All at Once37:29 Government Stakes in Airlines: Socialism or Smart43:03 The Intel Example and Why Government Ownership Fails46:07 What Caused the Software Selloff Before the War48:31 Data Centers: Why You Can't Get Rid of Them50:01 Nuclear Power and the AI Energy Problem51:25 Self-Driving Cars and the Insurance Thesis56:27 Private Credit's Massive Software Problem59:51 Is Private Credit a Systemic Risk Follow Jim Bianco  https://x.com/biancoresearch?lang=en  Stay Connected With Us   https://x.com/bob_iaccino  https://x.com/jimiuorio   https://www.linkedin.com/in/bob-iaccino/  https://www.linkedin.com/in/james-iuorio/  For business inquiries: [email protected]