HOPE is a Dangerous Thing… In the Stock Market with Michael Kantrowitz

RiskReversal Pod

RiskReversal Media

News, Business, Investing, Business News

4.6 • 757 Ratings

🗓️ 5 December 2025

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

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Summary

This episode is sponsored by Fidelity Investments and the all-new Fidelity Trader+ platform. Try Fidelity’s most powerful trading experience yet: ⁠⁠⁠⁠⁠https://www.fidelity.com/trading/trading-platforms?immid=100734&imm_pid=430504639&imm_aid=a&dfid=&buf=99999999⁠⁠⁠⁠⁠ Views, opinions, products, services, and strategies discussed are not endorsed or promoted by Fidelity Investments. Fidelity Brokerage Services LLC, Member NYSE, SIPC In this episode of the Risk Reversal Podcast, hosts Dan Nathan and Guy Adami welcome Michael Kantrowitz, Chief Investment Strategist and Head of Portfolio Strategy at Piper Sandler. The discussion delves into Kantrowitz's HOPE framework, which stands for Housing, Orders, Profits, and Employment, and its relevance in the current economic climate. They discuss the nuanced macroeconomic indicators and the impact of inflation, interest rates, and employment on the economy and market forecasts. Kantrowitz emphasizes the importance of analyzing specific economic data points and the K-shaped economy. The conversation also touches on home equity, credit spreads, consumer confidence, manufacturing, and the potential implications of AI on the labor market. Kantrowitz presents a cautiously optimistic view of the economic landscape for 2026, predicting improved conditions in cyclical sectors despite ongoing uncertainties. —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media

Transcript

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0:30.6	This episode of the Risk Reversal podcast is presented by Fidelity Investments and the all-new Fidelity Trader Plus platform.
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1:24.6	To explore more about IConnections, its events, and gain access to the
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1:32.3	Welcome to the Risk Reversal podcast. I am Dan Nathan. That is Guy Adami. How you doing, Guy?
1:39.3	What up home, home skillet? All right. Really? We have a special guest here. I want to say special because he
1:45.9	has not been on with us, you and I for a little bit. He was on the on the tape podcast with Danny Moses.
	...

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