The Weekly Money Clip

In this episode of The Money Path, host Todd M. Schoenberger speaks with Michael Green, Portfolio Manager and Chief Strategist at Simplify Asset Management, about one of the most debated topics in America right now: affordability. Michael unpacks his widely shared Substack argument that the official poverty line for a family of four—often cited around $32,000—no longer reflects modern reality, and that a more realistic “true cost of living” threshold can be closer to $140,000 once you account for housing, childcare, and education. They explore how inflation can slow while households still feel squeezed, why the benefits cliff distorts incentives and outcomes, and what policy changes could better match today’s economic realities. The conversation then shifts to markets and macro: Michael critiques the Federal Reserve’s current framework, explains how rates can drive equity markets through systematic allocation and rebalancing, and outlines why near-term bond market pressure could give way to more deflationary conditions over time. (Note: the live discussion was shortened due to technical issues, but the key themes and takeaways are here.) 🎥 The Money Path — Where smart money finds its way forward. 👉 Don’t forget to Like 📢 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Like⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 👍 | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Comment⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 💬 | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Subscribe⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 🔔 for more in-depth market analysis! 🔗 Website: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://crosscheckmanagement.com/⁠⁠⁠⁠... 📧 Contact on Email: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠[email protected] ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 📢 Disclaimer: The views and opinions expressed in this episode are those of the guests and hosts and do not necessarily reflect the official policy or position of CrossCheck Media or Biz Talk Today TV. All content is for informational purposes only and should not be construed as financial, legal, or investment advice. Viewers are encouraged to conduct their own due diligence and consult with a licensed professional before making any financial decisions. A buyer-beware approach is always prudent. #TheMoneyPath, #ToddMSchoenberger, #MichaelGreen, #SimplifyAssetManagement, #AffordabilityCrisis, #CostOfLiving, #PovertyLine, #BenefitsCliff, #EconomicPolicy, #WealthInequality, #Inflation, #Wages, #HousingCosts, #Childcare, #EducationCosts, #FederalReserve, #JeromePowell, #InterestRates, #BondMarket, #StockMarket, #Macro, #Investing, #PortfolioStrategy, #BTT, #BizTalkTodayTV Learn more about your ad choices. Visit megaphone.fm/adchoices

In this short clip from The Money Path, Jim Bianco (Bianco Research) explains why a 25-basis-point Fed cut looks likely—but the decision is more complicated than “weaker jobs = cut.” He points to initial jobless claims falling to 191,000 (a 3-year low) as evidence layoffs aren’t surging, even as announced job cuts can hint at what’s coming later. Then Bianco drops the key warning: the Fed may be underestimating the political and economic risk of affordability—because even as inflation cools, households still feel squeezed by the cumulative rise in prices since 2020. 👉 Watch the full episode here:    • The Fed vs Wall Street: Jim Bianco Exposes...   🎥 The Money Path — Where smart money finds its way forward. 👉 Don’t forget to Like 📢 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Like⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 👍 | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Comment⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 💬 | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Subscribe⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 🔔 for more in-depth market analysis! 🔗 Website: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://crosscheckmanagement.com/⁠⁠⁠⁠... 📧 Contact on Email: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠[email protected] ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 📢 Disclaimer: The views and opinions expressed in this episode are those of the guests and hosts and do not necessarily reflect the official policy or position of CrossCheck Media or Biz Talk Today TV. All content is for informational purposes only and should not be construed as financial, legal, or investment advice. Viewers are encouraged to conduct their own due diligence and consult with a licensed professional before making any financial decisions. A buyer-beware approach is always prudent. #TheMoneyPath, #ToddMSchoenberger, #JimBianco, #BiancoResearch, #FederalReserve, #FOMC, #RateCuts, #InterestRates, #Inflation, #Affordability, #CostOfLiving, #JoblessClaims, #Layoffs, #ChallengerReport, #LaborMarket, #CPI, #Economy, #Markets, #Investing, #BTT, #BizTalkTodayTV Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of The Money Path, host ⁠Todd M. Schoenberger⁠ sits down with ⁠Jim Bianco⁠ of ⁠Bianco Research⁠ for a sharp breakdown of the upcoming Federal Reserve decision and the growing disconnect between what markets are pricing and what the Fed is likely to deliver. With Wall Street centered on a widely expected 25-basis-point cut and softening signals like the weakest ADP print in more than two years, Bianco challenges the assumption that an aggressive cut cycle is a given—and asks whether the Fed can (or should) validate market expectations. The conversation goes deeper into what may matter even more than the headline cut: the rising possibility of unusual dissent votes, what they signal about Fed independence, and how politics could influence the optics of decision-making. Bianco also argues that rate cuts won’t solve structural pressures such as automation-driven layoffs and a worsening affordability problem, and warns that pushing rates too low could reignite inflation and keep long-term yields elevated. They close by discussing how data disruptions and measurement challenges complicate the jobs-and-inflation picture—and why better administrative data may be the next big policy debate. 🎥 The Money Path — Where smart money finds its way forward. 👉 Don’t forget to Like 📢 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Like⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 👍 | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Comment⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 💬 | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Subscribe⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 🔔 for more in-depth market analysis! 🔗 Website: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://crosscheckmanagement.com/⁠⁠⁠⁠...⁠ 📧 Contact on Email: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠[email protected] ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 📢 Disclaimer: The views and opinions expressed in this episode are those of the guests and hosts and do not necessarily reflect the official policy or position of CrossCheck Media or Biz Talk Today TV. All content is for informational purposes only and should not be construed as financial, legal, or investment advice. Viewers are encouraged to conduct their own due diligence and consult with a licensed professional before making any financial decisions. A buyer-beware approach is always prudent. #TheMoneyPath, #ToddMSchoenberger, #JimBianco, #BiancoResearch, #FederalReserve, #FOMC, #RateCuts, #InterestRates, #Inflation, #JobsReport, #ADP, #JoblessClaims, #EconomicData, #MonetaryPolicy, #FedIndependence, #Dissents, #BondMarket, #TreasuryYields, #AffordabilityCrisis, #Automation, #AI, #MarketOutlook, #Investing, #WealthManagement, #BTT, #BizTalkTodayTV Learn more about your ad choices. Visit megaphone.fm/adchoices

In this post-live episode of The Money Path, host ⁠Todd M. Schoenberger⁠ sits down with ⁠Aquiles Larrea⁠ for a wide-ranging market conversation—from today’s “lame duck” feel in equities to what could drive the next major move. Aquiles explains why investors may be overconfident in some areas while remaining overly skeptical in others, and why a recent pullback looks more like a normal (and slightly delayed) correction than a true breakdown. They dig into the key macro catalysts ahead, including the upcoming Fed meeting, the impact of weakening private-sector employment signals, and how inflation and tariffs could pressure consumer affordability and housing costs. Aquiles also lays out investment themes he’s watching into 2026, including AI, quantum computing, nuclear energy, infrastructure, and aerospace/defense—plus how competition in chips could shape the next cycle for big tech. 🎥 The Money Path — Where smart money finds its way forward. 👉 Don’t forget to Like 📢 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Like⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 👍 | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Comment⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 💬 | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Subscribe⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 🔔 for more in-depth market analysis! 🔗 Website: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://crosscheckmanagement.com/⁠⁠⁠⁠...⁠ 📧 Contact on Email: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠[email protected] ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 📱 Follow us for real-time updates: LinkedIn: ⁠  / crosscheck-media-llc  ⁠ Instagram: ⁠  / crosscheckmedia  ⁠ Facebook: ⁠  / crosscheckmedia  ⁠ 📢 Disclaimer: The views and opinions expressed in this episode are those of the guests and hosts and do not necessarily reflect the official policy or position of CrossCheck Media or Biz Talk Today TV. All content is for informational purposes only and should not be construed as financial, legal, or investment advice. Viewers are encouraged to conduct their own due diligence and consult with a licensed professional before making any financial decisions. A buyer-beware approach is always prudent. #TheMoneyPath, #ToddMSchoenberger, #AquilesLarrea, #LarreaWealthManagement, #StockMarket, #MarketOutlook, #FederalReserve, #RateCuts, #Inflation, #JobsReport, #ADP, #Tariffs, #HousingMarket, #TechnologyStocks, #AI, #QuantumComputing, #NuclearEnergy, #Semiconductors, #NVDA, #MSFT, #GOOGL, #Infrastructure, #Aerospace, #Defense, #Investing, #WealthManagement, #BTT, #BizTalkTodayTV Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of The Money Path, host Todd M. Schoenberger sits down with Jim Bianco of Bianco Research for a sharp breakdown of the upcoming Federal Reserve decision and the growing disconnect between what markets are pricing and what the Fed is likely to deliver. With Wall Street centered on a widely expected 25-basis-point cut and softening signals like the weakest ADP print in more than two years, Bianco challenges the assumption that an aggressive cut cycle is a given—and asks whether the Fed can (or should) validate market expectations. The conversation goes deeper into what may matter even more than the headline cut: the rising possibility of unusual dissent votes, what they signal about Fed independence, and how politics could influence the optics of decision-making. Bianco also argues that rate cuts won’t solve structural pressures such as automation-driven layoffs and a worsening affordability problem, and warns that pushing rates too low could reignite inflation and keep long-term yields elevated. They close by discussing how data disruptions and measurement challenges complicate the jobs-and-inflation picture—and why better administrative data may be the next big policy debate. 🎥 The Money Path — Where smart money finds its way forward. 👉 Don’t forget to Like 📢 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Like⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 👍 | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Comment⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 💬 | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Subscribe⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 🔔 for more in-depth market analysis! 🔗 Website: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://crosscheckmanagement.com/⁠⁠⁠⁠... 📧 Contact on Email: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠[email protected] ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 📢 Disclaimer: The views and opinions expressed in this episode are those of the guests and hosts and do not necessarily reflect the official policy or position of CrossCheck Media or Biz Talk Today TV. All content is for informational purposes only and should not be construed as financial, legal, or investment advice. Viewers are encouraged to conduct their own due diligence and consult with a licensed professional before making any financial decisions. A buyer-beware approach is always prudent. #TheMoneyPath, #ToddMSchoenberger, #JimBianco, #BiancoResearch, #FederalReserve, #FOMC, #RateCuts, #InterestRates, #Inflation, #JobsReport, #ADP, #JoblessClaims, #EconomicData, #MonetaryPolicy, #FedIndependence, #Dissents, #BondMarket, #TreasuryYields, #AffordabilityCrisis, #Automation, #AI, #MarketOutlook, #Investing, #WealthManagement, #BTT, #BizTalkTodayTV Learn more about your ad choices. Visit megaphone.fm/adchoices