U.S. markets slipped from fresh all-time highs this week, with financials and energy — two of 2026’s early winners — suddenly losing momentum. Beneath the day-to-day volatility, a bigger question is emerging: are markets being driven by fundamentals, or simply by liquidity? Alex Morris, CEO of F/m Investments, unpack why geopolitics barely registers for investors, whether markets are misreading the risks around inflation and a more political Federal Reserve, and why the much-debated AI “bubble” may still be in its early innings. We also dive into the less obvious inflationary pressures created by the AI build-out and what a “boring but smart” portfolio actually looks like as we head deeper into 2026.

Produced/Presented: Ryan Huang

U.S. markets slipped from fresh all-time highs this week, with financials and energy &mdash; two of 2026&rsquo;s early winners &mdash; suddenly losing momentum. Beneath the day-to-day volatility, a bigger question is emerging: are markets being driven by fundamentals, or simply by liquidity?&nbsp;Alex Morris, CEO of F/m Investments, unpack why geopolitics barely registers for investors, whether markets are misreading the risks around inflation and a more political Federal Reserve, and why the much-debated AI &ldquo;bubble&rdquo; may still be in its early innings. We also dive into the less obvious inflationary pressures created by the AI build-out and what a &ldquo;boring but smart&rdquo; portfolio actually looks like as we head deeper into 2026.
Produced/Presented: Ryan Huang

Enjoy this breakfast show: as you sip on your morning coffee, let notable markets and finance experts help you make sense of the latest movers on Wall Street.

As you sip on your morning coffee, Money FM 89.3's Breakfast Show makes sense of the latest movers on Wall Street, with notable markets and finance experts to help you stay ahead.

As you sip on your morning coffee, Money FM 89.3's Breakfast Show makes sense of the latest movers on Wall Street, with notable markets and finance experts to help you stay ahead.

US Markets Wrap

As you sip on your morning coffee, MONEY FM 89.3's Breakfast Show makes sense of the latest movers on Wall Street, with notable markets and finance experts to help you stay ahead.

As you sip on your morning coffee, MONEY FM 89.3's Breakfast Show makes sense of the latest movers on Wall Street, with notable markets and finance experts to help you stay ahead.

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