If you’ve been enjoying The Independent Advisors podcast for a while now and want to take the next step in your financial journey, I’d encourage you to head to our website, jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) . Matt offers a 15-minute initial call where you can discuss your financial goals and see if JWM is a good fit for your needs.

Scheduling is easy—once you land at jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) just click “Schedule Initial Call” and select a time that works best for you!

There’s a quick survey to fill out that will help guide the conversation and ensure your time is used efficiently.

If you’re ready to learn more, visit jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) and book your call today!

Take advantage of our partnership with LifeLock and get discounts using our link:

https://lifelock.norton.com/offers?expid=LLONEYEAR&promocode= JSPW24&VENDORID= _JESSUPWM&om_ext_cid=ext_partner_ JSPW24_Productpage $)

· Post-pandemic travel spending surge - travelers prioritizing experiences over luxury goods (22:12)

· Younger travelers spending more on travel despite financial pressures (17:49)

· Rising luxury travel costs, including €2,000/night hotels in Italy (23:42)

· Increase in multi-generational travel across life stages

· Long-term travel planning (5–10 years) integrated with financial planning (05:28)

· Early planning saves money vs. last-minute bookings, especially around holidays (10:52)

· Travel advisor value & compensation model (design fees + commissions) (25:21)

· Relationship-based personalization improves trip quality and reduces stress (14:53)

· Importance of travel insurance for high-cost trips and risk mitigation (18:54)

· Managing geopolitical risk & booking flexibility in unstable regions (29:27)

· Emerging and alternative destinations to avoid crowds and improve value (27:43)

https://www.huffmantravel.com/team/andre-lauren-tony

Hosts:

Mark McEvily - Chief Investment Officer and Managing Partner

Matthew Jessup – Chief Executive Officer, Chief Compliance Officer, and Managing Partner

Address: 35 Park Ave. Dayton, OH 45419

Phone: 937-938-9105

https://www.jessupwealthmanagement.com/

Social Media:

Facebook: @JessupWealthManagement

LinkedIn: @JessupWealthManagement

Twitter: @jessupwealth

Instagram: @jessupwealth

https://www.jessupwealthmanagement.com/disclosures-page

Show Notes:

If you’ve been enjoying The Independent Advisors podcast for a while now and want to take the next step in your financial journey, I’d encourage you to head to our website, jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) . Matt offers a 15-minute initial call where you can discuss your financial goals and see if JWM is a good fit for your needs.

Scheduling is easy—once you land at jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) just click “Schedule Initial Call” and select a time that works best for you!

There’s a quick survey to fill out that will help guide the conversation and ensure your time is used efficiently.

If you’re ready to learn more, visit jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) and book your call today!

Take advantage of our partnership with LifeLock and get discounts using our link:

https://lifelock.norton.com/offers?expid=LLONEYEAR&promocode= JSPW24&VENDORID= _JESSUPWM&om_ext_cid=ext_partner_ JSPW24_Productpage $)

335 Topics:

• Earnings Growth: Goldman Sachs sees 7% EPS growth for Q4 2025; double-digit growth expected in all 2026 quarters.
• Interest Rates: Current fed funds rate at 3.62%; 65% chance of a rate cut by June, likely two cuts by year-end.
• Investment Risks: Illiquidity in private investments risks trapping capital; only 20% of private investments succeed long-term.
• Financial Planning: Estate planning essential for all; consider healthcare directives and financial powers of attorney.
• Investor Behavior: Market returns fluctuate; focus on long-term fundamentals and avoid emotional responses to market news.

• Post on X from Ryan Detrick on 1/5/26 - https://x.com/RyanDetrick/status/2008223219913036143/photo/1
• Blog Post from Nick Maggiulli on November 18th of 2025 titled “The one thing my worst investments had in common” - https://ofdollarsanddata.com/the-one-thing-my-worst-investments-had-in-common/
• https://x.com/amandaorson/status/2010035644127670660?

If you’ve been enjoying The Independent Advisors podcast for a while now and want to take the next step in your financial journey, I’d encourage you to head to our website, jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) . Matt offers a 15-minute initial call where you can discuss your financial goals and see if JWM is a good fit for your needs.

Scheduling is easy—once you land at jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) just click “Schedule Initial Call” and select a time that works best for you!

There’s a quick survey to fill out that will help guide the conversation and ensure your time is used efficiently.

If you’re ready to learn more, visit jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) and book your call today!

Take advantage of our partnership with LifeLock and get discounts using our link:

https://lifelock.norton.com/offers?expid=LLONEYEAR&promocode= JSPW24&VENDORID= _JESSUPWM&om_ext_cid=ext_partner_ JSPW24_Productpage $)

Show Notes:

o https://x.com/ryandetrick/status/2009368981023412471?

o https://x.com/subutrade/status/2009399104686752010?

Substack post from Duality Research on January 5th titled “Bullish, With Eyes Wide Open” - https://dualityresearch.substack.com/p/bullish-with-eyes-wide-open

Post on X from TheMarketStats on 12/5/25: https://x.com/themarketstats/status/1996970098666373405?

If you’ve been enjoying The Independent Advisors podcast for a while now and want to take the next step in your financial journey, I’d encourage you to head to our website, jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) . Matt offers a 15-minute initial call where you can discuss your financial goals and see if JWM is a good fit for your needs.

Scheduling is easy—once you land at jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) just click “Schedule Initial Call” and select a time that works best for you!

There’s a quick survey to fill out that will help guide the conversation and ensure your time is used efficiently.

If you’re ready to learn more, visit jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) and book your call today!

Take advantage of our partnership with LifeLock and get discounts using our link:

https://lifelock.norton.com/offers?expid=LLONEYEAR&promocode= JSPW24&VENDORID= _JESSUPWM&om_ext_cid=ext_partner_ JSPW24_Productpage $)

Market performance & interest rate outlook – 03:40

Federal Reserve rate cut expectations & jobs report impact – 09:55

Government shutdown risk (Feb 2026) – 12:50

Supreme Court rulings on tariffs & Fed authority – 14:00

Fed Chair transition & political influence on policy – 15:30

Rate cut expectations vs. Wall Street consensus – 17:50

USMCA trade review & supply chain impacts – 18:45

Auto tax incentives & consumer stimulus – 20:45

2026 midterm election risks – 22:40

AI infrastructure & data center investment – 25:50

Community resistance to data centers – 28:40

Energy demand, grid upgrades & nuclear – 30:10

Defense spending & aerospace opportunities – 31:50

Supply chain resilience & nearshoring – 32:50

M&A activity outlook – 33:15

Bond market volatility & safe-haven assets – 34:50

Earnings growth expectations for 2026 – 35:40

K-shaped consumer spending trends – 36:40

China–Taiwan geopolitical risk – 39:30

Market technicals & compression signal – 41:50

2025 asset class performance review – 44:30

Dollar strength & international investing risks – 46:00

Earnings season timeline & volatility – 49:50

Visa & MasterCard as consumer spending indicators – 51:40

If you’ve been enjoying The Independent Advisors podcast for a while now and want to take the next step in your financial journey, I’d encourage you to head to our website, jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) .

Matt offers a 15-minute initial call where you can discuss your financial goals and see if JWM is a good fit for your needs.

Scheduling is easy—once you land at jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) just click “Schedule Initial Call” and select a time that works best for you!

There’s a quick survey to fill out that will help guide the conversation and ensure your time is used efficiently.

If you’re ready to learn more, visit jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) and book your call today!

Take advantage of our partnership with LifeLock and get discounts using our link:

https://lifelock.norton.com/offers?expid=LLONEYEAR&promocode= JSPW24&VENDORID= _JESSUPWM&om_ext_cid=ext_partner_ JSPW24_Productpage $)

#332 Topics:



Show Notes:

Article from Rocky White with Schaeffers Investment Research -https://www.schaeffersresearch.com/content/analysis/2025/11/18/buying-netflix-10-for-1-stock-split-expect-underperformance

If you’ve been enjoying The Independent Advisors podcast for a while now and want to take the next step in your financial journey, I’d encourage you to head to our website,

jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) . Matt offers a 15-minute initial call where you can discuss your financial goals and see if JWM is a good fit for your needs.

Scheduling is easy—once you land at jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) just click “Schedule Initial Call” and select a time that works best for you!

There’s a quick survey to fill out that will help guide the conversation and ensure your time is used efficiently.

If you’re ready to learn more, visit jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) and book your call today!

Take advantage of our partnership with LifeLock and get discounts using our link:

https://lifelock.norton.com/offers?expid=LLONEYEAR&promocode= JSPW24&VENDORID= _JESSUPWM&om_ext_cid=ext_partner_ JSPW24_Productpage $)

331 Topics:

Firm Growth & NavX Realty Overview (06:10)

Interest Rates & Market Impact (12:00)

Down Payments & First-Time Buyer Access (16:30)

Regional Housing Trends & Buyer Preferences (19:15)

Seller Strategies & Value-Boosting Improvements (25:20)

Younger Buyers & Equity-Building Strategies (30:00)

Agent Education & Client Support (30:15)

Downsizing & “Lateral Move” Challenges (35:00)

Timing the Market vs. Smart Decision-Making (39:50)

2026 Market Outlook & Final Thoughts (41:30 – 42:50)

https://peeblesgrp.com/

If you’ve been enjoying The Independent Advisors podcast for a while now and want to take the next step in your financial journey, I’d encourage you to head to our website, jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) . Matt offers a 15-minute initial call where you can discuss your financial goals and see if JWM is a good fit for your needs.

Scheduling is easy—once you land at jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) just click “Schedule Initial Call” and select a time that works best for you!

There’s a quick survey to fill out that will help guide the conversation and ensure your time is used efficiently.

If you’re ready to learn more, visit jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) and book your call today!

Take advantage of our partnership with LifeLock and get discounts using our link:

https://lifelock.norton.com/offers?expid=LLONEYEAR&promocode= JSPW24&VENDORID= _JESSUPWM&om_ext_cid=ext_partner_ JSPW24_Productpage $)

Show Notes:

New Contribution Limits for Retirement Plans & Other Retirement Plan Changes for 2026

https://www.plancorp.com/blog/new-contribution-limits

330 Topics:

• Impact of Top Market Days: Missing the 10 best market days since 1928 could lead to a 21% loss on gains.
• Fed Interest Rates: Fed cut rates to 3.5%-3.75% with $40B monthly liquidity infusion to boost the economy.
• Tech Sector Volatility: NASDAQ 100 has seen five down years since 1995, highlighting the need for diverse portfolios.
• Wage Growth Trends: Wage growth normalizing at 3%-4%, aiding inflation control and reducing recession risk moving forward.
• Retirement Contribution Limits: 401(k) contribution limits rise to $24,500 in 2026, with Roth options for high earners mandated.

If you’ve been enjoying The Independent Advisors podcast for a while now and want to take the next step in your financial journey, I’d encourage you to head to our website, jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) . Matt offers a 15-minute initial call where you can discuss your financial goals and see if JWM is a good fit for your needs.

Scheduling is easy—once you land at jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) just click “Schedule Initial Call” and select a time that works best for you!

There’s a quick survey to fill out that will help guide the conversation and ensure your time is used efficiently.

If you’re ready to learn more, visit jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) and book your call today!

Take advantage of our partnership with LifeLock and get discounts using our link:

https://lifelock.norton.com/offers?expid=LLONEYEAR&promocode= JSPW24&VENDORID= _JESSUPWM&om_ext_cid=ext_partner_ JSPW24_Productpage $)

329 topics:

• Mixed Economic Signals: November ADP report shows 32,000 private sector job losses; 88.8% chance of 25 basis point rate cut on December 10.

• Fed Policy Shift: End of quantitative tightening expected to boost liquidity; potential for multi-year market upswing and lower interest rates.

• Japan’s Yield Rise: 10-year bond yield hit 1.9%, reflecting normalization; Japan increased US Treasury holdings by $130 billion this year.

• Trump Savings Accounts: New tax-advantaged accounts aim for flexible saving options for various financial goals; details to follow.

• Cautious Optimism: Historical data suggests market gains post-Fed rate cuts; current inflation at 2.32%, signaling normalization and supportive liquidity.