In case you missed it, check out this encore episode where we unpacked what was really driving markets during a time of global uncertainty.

With geopolitical tensions rising, oil shocks hitting global markets, and nonstop headline risk, investors were asking one question: why was the market holding up so well?

In this episode, Michael Hartzman and Andrew Gilmartin were joined by Jack Manley (J.P. Morgan Global Market Strategist) to break it all down.

They covered:
Why markets remained surprisingly resilient despite global chaos
How energy shocks impacted inflation, growth, and consumer behavior
Why the economy was fundamentally different from past crises
The hidden volatility beneath the surface of the market
What AI, fiscal policy, and consumer strength meant going forward
How global markets (and China) fit into the picture

The key takeaway?
The market may have looked calm—but underneath, there was a lot more happening than met the eye.

If you were trying to make sense of that environment, this was a must-listen.

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/

• Why markets remain surprisingly resilient despite global chaos
• How energy shocks impact inflation, growth, and consumer behavior
• Why today's economy is fundamentally different from past crises
• The hidden volatility beneath the surface of the market
• What AI, fiscal policy, and consumer strength mean going forward
• How global markets (and China) fit into the picture

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/

In this encore episode of The Lebenthal Report, Michael Hartzman and Dominick Tavella break down a rapidly shifting market landscape driven by geopolitical tension, rising oil prices, and growing uncertainty.

With major indices pulling back and oil nearing critical levels, the big question becomes: is there an off-ramp—or are markets heading for more turbulence?

They're joined by returning guest John Eade, President & CEO of Argus Research, a trusted voice who has appeared on the show multiple times, to provide insight into today's volatile environment.

Together, they discuss:

• The impact of rising oil prices on inflation and consumers
• Why markets have pulled back—but not panicked
• The outlook for interest rates and Fed policy
• Whether recession fears are justified
• Why the long-term bull market may still be intact
• Where AI-driven opportunities are emerging beyond big tech

Despite short-term uncertainty, strong fundamentals—from consumer balance sheets to continued investment in AI—may still support markets going forward.

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/

In this episode of The Lebenthal Report, Michael Hartzman and Dominick Tavella break down a rapidly shifting market landscape driven by geopolitical tension, rising oil prices, and growing uncertainty.

With major indices pulling back and oil nearing critical levels, the big question becomes: is there an off-ramp—or are markets heading for more turbulence?

They're joined by returning guest John Eade, President & CEO of Argus Research, a trusted voice who has appeared on the show multiple times, to provide insight into today's volatile environment.

Together, they discuss:

• The impact of rising oil prices on inflation and consumers
• Why markets have pulled back—but not panicked
• The outlook for interest rates and Fed policy
• Whether recession fears are justified
• Why the long-term bull market may still be intact
• Where AI-driven opportunities are emerging beyond big tech

Despite short-term uncertainty, strong fundamentals—from consumer balance sheets to continued investment in AI—may still support markets going forward.

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/

• The market impact of rising oil prices and global conflict
• Why gas prices are climbing despite strong U.S. supply
• The growing risk of a stagflation-like environment
• How long consumers can absorb higher costs

• Why people are forming emotional connections with AI
• Who benefits most — from seniors to the socially isolated
• The psychological and ethical risks of AI relationships
• Privacy concerns and how personal data is used
• Whether AI enhances human connection — or replaces it

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/

Business and Economic News

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/

In this episode of The Lebenthal Report, Michael and Dominick welcome special guest Peter Schwartz, longtime sports broadcaster and on-air personality at WFAN and host of the Sports Bash.

Peter shares his journey from a lifelong sports fan to a respected voice in sports media, including his early days working at Sports Phone, his career at major radio stations like WABC, and covering some of the biggest sporting events in the world.

In this conversation, Peter discusses:

• What it takes to build a career in sports broadcasting
• How sports media has changed in the era of social media
• The massive rise of sports betting and its impact on fans
• How NIL deals and the transfer portal are transforming college athletics
• Why sports continue to serve as a powerful escape during uncertain times

Peter also reflects on covering iconic moments in sports and explains why networking, persistence, and passion are essential for anyone hoping to work in sports media.

Before the interview, Michael and Dominic also discuss recent market volatility tied to geopolitical headlines and how disciplined investors navigate uncertainty.

🎧 Listen to the full conversation for insights from one of New York's most recognizable sports voices.

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/

• 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.

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/