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Episode Description
Show from 12/19/25
Host Jeremy Schwartz and Professor Siegel discuss the final CPI report of the year and the broader inflation outlook. The Prof notes that shelter components are finally weighing on inflation, and expects a continued downward trend into 2026. He sees room for the Fed to cut rates if the economy weakens, and believes markets are well-positioned heading into the new year. (09:03) Jeremy continues with guest Andreas Kern, founder of Wikifolio, to explore how German retail investors are positioning for 2026. Andreas shares data on shifting equity allocations, including a strong tilt toward industrials, basic materials, and value strategies. The conversation covers defense spending, AI narratives, Tesla, underrepresentation of equities in German portfolios, and sentiment around crypto and gold. Jeremy and the panel also weigh in on market rotation, yield curves, and long-term inflation expectations, offering a global perspective on evolving market themes.
Wikifolio: https://www.wikifolio.com/en/int/home
Andreas Kern: https://www.linkedin.com/in/andreas-kern-905214/?originalSubdomain=at
For more information on the index Jim Bianco discussed: https://www.biancoadvisors.com/index-updates/
WisdomTree: https://www.wisdomtree.com/investments
Host Jeremy Schwartz and Professor Siegel discuss the final CPI report of the year and the broader inflation outlook. The Prof notes that shelter components are finally weighing on inflation, and expects a continued downward trend into 2026. He sees room for the Fed to cut rates if the economy weakens, and believes markets are well-positioned heading into the new year. (09:03) Jeremy continues with guest Andreas Kern, founder of Wikifolio, to explore how German retail investors are positioning for 2026. Andreas shares data on shifting equity allocations, including a strong tilt toward industrials, basic materials, and value strategies. The conversation covers defense spending, AI narratives, Tesla, underrepresentation of equities in German portfolios, and sentiment around crypto and gold. Jeremy and the panel also weigh in on market rotation, yield curves, and long-term inflation expectations, offering a global perspective on evolving market themes.
Wikifolio: https://www.wikifolio.com/en/int/home
Andreas Kern: https://www.linkedin.com/in/andreas-kern-905214/?originalSubdomain=at
For more information on the index Jim Bianco discussed: https://www.biancoadvisors.com/index-updates/
WisdomTree: https://www.wisdomtree.com/investments