Forthlane Off the Charts | with Andrew Sarna

The Fed hiked for the first time in three years and the bigger risk may be what comes next. In this episode of Off the Charts, Andrew Sarna breaks down why 25 basis points isn't the real concern, how AI-driven earnings are masking weakness across the broader economy, and what family offices should actually be doing with their portfolios right now. WHAT TO LISTEN FOR 5:35 Why is AI, not the broader economy, driving equity market resilience right now? 7:49 What happens to semiconductors...

Trade wars are giving way to a new set of pressures; rising bond yields, a stronger-than-expected jobs report, and a Fed caught between hiking and losing credibility. In this episode of Off the Charts, Andrew Sarna and Vanessa Hui unpack why US 10-year yields near 17-year highs are squeezing risk assets, what a blowout August jobs report actually says about the health of the economy, and whether the Fed hikes at next week's FOMC meeting. Listen for: :28 Why are bond yields at 17-year highs ...

Trade wars are escalating, the global trading order is fracturing, and a quiet US Treasury move just sent gold and Bitcoin surging. In this episode of Off the Charts, Andrew Sarna and Vanessa Hui unpack the collapse of Canada-US trade negotiations, the case that this conflict is ultimately about China, and what the Treasury's bond market move signals for investors holding real assets. WHAT TO LISTEN FOR :35 Why did Canada-US trade talks collapse — and who's really to blame? 3:59 What d...

The labour market is sending mixed signals, corporate earnings are booming, and bonds may be quietly eroding your purchasing power. In this episode of Off the Charts, Andrew Sarna and Vanessa Hui unpack July employment reports; Q2 corporate earnings that are running at near-COVID-recovery levels, and the current challenges with traditional bonds. WHAT TO LISTEN FOR :31 Why did the US lose 23,000 jobs while unemployment actually fell? 4:34 What does 50% S&P earnings growth rea...

AI Capex is rattling markets, Trump has a new policy trigger, and the Fed's new chair faces his first big test. In this episode of Off the Charts, Andrew Sarna and Vanessa Hui break down why hyperscalers spending $700 billion on AI infrastructure is spooking investors, why Trump's decision to return to the negotiation table with Iran is best understood through a four-variable "taco index," and why new Fed Chair Kevin Warsh is almost certain to hold rates, even as hike odds climb. WHAT TO LIST...