Q4 2025: CEO Confidence Rebounds - But Inflation Isn't Done

Supreme Court shocks markets. Tariffs return. CEOs turn cautiously optimistic. This week on The Lebenthal Report, Michael Hartzman and Dominic Tavella break down a volatile stretch in the markets — from the Supreme Court's ruling on tariffs to renewed uncertainty and an 800-point market swing. Then, returning guest Jeff Oak (Vistage Chair) joins the show to discuss the latest Vistage CEO Confidence Index (Q4 2025) — a leading indicator that tracks the sentiment of small and mid-sized business leaders across the country. Key themes:

• Why the market reaction to the tariff ruling was muted… then not.
• GDP disappointment and what it really means.
• Why CEOs are cautiously optimistic — but still defensive.
• Margin pressure, pricing power, and why 50% of CEOs expect to raise prices 4–6%.
• Why small businesses (75% of new jobs, 50% of national revenue) matter more than ever.
• And what business leaders can — and cannot — control in 2026.

As always, we focus on discipline over distraction — and long-term fundamentals over short-term noise. Subscribe for weekly market insights and thoughtful analysis.

Lebenthal Global Advisors, LLC is a registered investment advisor. Lebenthal Financial Services, Inc is a FINRA registered Broker Dealer. The content of this podcast is intended for informational purposes only and is not intended to be investment advice. The views expressed in this podcast are subject to change based on market and other conditions. Information about the qualifications and business practices of Lebenthal Global Advisors, LLC is available on the SEC's website at www.adviserinfo.sec.gov._ Information about the qualifications and business practices of Lebenthal Financial Services, Inc and its representatives can be found on FINRA's BrokerCheck website, https://brokercheck.finra.org/