Marc To Markets

Send us a textThe Setting Every Community Up for Retirement Enhancement (“SECURE”) Act of 2019 was the most significant retirement-related legislation since the Pension Protection Act of 2006. The Act significantly altered the estate planning landscape for retirement account owners by eliminating the stretch IRA for most non-spouse beneficiaries and introducing new rules for trust beneficiaries. To learn more about tax and estate planning with retirement account I'm joined on this episode by Bernstein National Director of Tax Research Bob Dietz.With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views of the podcast host commentator and their guest speaker(s).  AllianceBernstein L.P. or its affiliates makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material

Send us a textOn this episode, I'm joined by Jed Lewin, an expert real estate broker at The Agency. Jed and I discuss all aspects of the residential real estate market from both the buyer and seller’s perspectives. We address how buyers can make their offers more attractive, and Jed shares his advice on how to position your property for sale. We also assess how rising interest rates are changing the real estate market. We dive into the complexities of the NYC market and get Jed’s outlook for the residential real estate market. With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views of the podcast host commentator and their guest speaker(s).  AllianceBernstein L.P. or its affiliates makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material will be realized.

Send us a textAfter a historically bad year for both equity and fixed income markets investors are wondering if the traditional stock/bond asset allocation framework is broken. At the same time alternative asset classes such as private equity, private credit, hedge funds, and even crypto have all risen in popularity. How does this all come together for investors? How should investors think about the risks and rewards when moving outside the traditional stock/bond asset allocation framework? To explore these and other topics I'm joined on this episode by Deacon Turner, Senior National Managing Director at Bernstein Private Wealth Management.With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views of the podcast host commentator and their guest speaker(s).  AllianceBernstein L.P. or its affiliates makes no representations or warranties concerning the accur

Send us a textOn this episode we focus on how best to protect your assets from fraud, identity theft, and all other forms of financial crime.   I'm joined by FBI Supervising Special Agent Milan Kosanovich.  Milan specializes in white collar crime and has spoken internationally on topics ranging from cybersecurity, cryptocurrency, and corporate fraud.   We cover everything from ways to protect your credit, best practices for password management, and avoiding complex financial schemes.  With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views of the podcast host commentator and their guest speaker(s).  AllianceBernstein L.P. or its affiliates makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material will be realized. Past performance does not guarantee future

Send us a textStock and bond markets continued to decline in the 3rd quarter.  This made for one of the more difficult investing environments in a number of years.  But there is a path forward and a way to manage your finances through this period of volatility.  On this episode  I cover:How we got here and where we go from hereThe fed rate hiking policy and what it means for both the economy and marketsThe impact and outlook for bonds given the rise in interest ratesMaximizing return on cash today when bank yields are low but money market and treasury rates have jumpedHow to best manage portfolios in such an uncertain world This episode is a replay of a client webinar from October 12, 2022.  With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views of the podcast host commentator and their guest speaker(s).  AllianceBernstein L.P. or its affiliates makes no re

Send us a textSo much economic news has been coming out of the US that it is easy to forget about the investment landscape across the rest of the globe.  On this podcast we focus on international investing.  To learn more about the topic I'm joined by Moira McLachlan, a Senior Investment Strategist at Bernstein.  Our discussion ranges from why investors should look overseas, to handling geopolitical risk, investing in China, considering emerging markets, and more.With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views of the podcast host commentator and their guest speaker(s).  AllianceBernstein L.P. or its affiliates makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material will be realized. Past performance does not guarantee future results. The views exp

Send us a textMarket volatility across nearly all asset classes dominated the 1st half of 2022.  Inflation worries and recession concerns are contrasted by a strong labor market and continued growth of corporate earnings.  On this webinar I cover:The likelihood of a recessionWhat the stock and bond markets are currently pricing inIf inflation has peakedHow to think about bonds while interest rates riseShould you be buying now, and if so, what and how?This episode is a replay of a client webinar from August 1, 2022.  With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views of the podcast host commentator and their guest speaker(s).  AllianceBernstein L.P. or its affiliates makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material will be realized. Past performance

Send us a textNo two families are the same and no two families think about their wealth the same way.   The success of a financial plan strikes the right balance between the monetary goals and emotional well-being.   To learn more about how this can be done, I'm joined by Anne Bucciarelli, a Director in Bernstein's Family Engagement Institute.   We cover a range of topics from: How do I ensure that my heirs have the necessary skills and to successfully steward our family’s wealth?  What is the “right way” to begin talking to family about the extent of our fortune? How do we make collective decisions about our family business, prosperity, and philanthropic efforts?  How do we navigate and prepare for transitions (death, businesssuccession or sale, marriage)?With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views of the podcast host commentator and t

Send us a textThe start of 2022 has been a difficult year in both stock and bond markets.  This episode is a replay of a client webinar from May 25, 2022.  Topics I covered include: Our forecast for the economyWhere the stock and bond market go from herePositioning updates in portfoliosThis episode is a replay of a client webinar from May 25, 2022.  With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views of the podcast host commentator and their guest speaker(s).  AllianceBernstein L.P. or its affiliates makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material will be realized. Past performance does not guarantee future results. The views expressed here may change at any time after the date of this podcast. This podcast is for informational purposes only and do

Send us a textEnvironmental, Social, and Governance Investing is a topic on every financial tv show, radio program, and newspaper.  ESG can be a catch all term that ranges from "green investing" to a much more nuanced research approach.   To learn more about the topic I'm joined by Roosevelt Bowman, a Senior Investment Strategist at Bernstein.  We discuss everything from how to understand an ESG investment, the potential trade-off in risk/return, and how ESG has recently performed.      With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views of the podcast host commentator and their guest speaker(s).  AllianceBernstein L.P. or its affiliates makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material will be realized. Past performance does not guara

Send us a textIt has been an eventful quarter in the markets.  We have had the first major conflict in Europe in decades, inflation at levels that we have not seen in 40+ years, Coronavirus shutting down large parts of China, and the Fed beginning to move interest rates meaningfully higher for the 1st time in what feels like forever.  Topics covered include:  The impact of the Ukraine war on the global economic outlook and the marketInflation and our outlook for the Fed’s responseRecent price movements in the bond market and how to think about it both short and long-term Recent stock volatility and the dispersion fueling market resultsIdeas for your asset allocation to deal with the current environmentThis episode is a replay of a client webinar from April 25, 2022.  With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views of the podcast host commentator and

Send us a textApril is tax season.   On this episode, I'm joined by our Senior Investment Strategist Paul Robertson.   We take a deep dive into everyone’s favorite topic and cover the following tax-related issues: Why were capital gains comparably higher in 2021?  How do we think about loss harvesting?  Can trading be customized per client?   Are there stock portfolios that are designed to be ultra-tax-sensitive, and what are the pros and cons?  With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views of the podcast host commentator and their guest speaker(s).  AllianceBernstein L.P. or its affiliates makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material will be realized. Past performance does not guarantee future results. The views expressed here may ch

Send us a textMany discussions about the future of finance and currency are focused on bitcoin, NFTs, and the Metaverse.  On this episode, I'm joined by Jonah Ballow,  Founder and Head of Content Strategy at Heartlent Group, to learn how it all comes together.   Heartlent Group is a social-first marketing collective that specializes in the digital world.  https://www.heartlent.com/   We discuss how to think about the digital world, how it will become more a part of our future, while getting into the specifics of what NFTs are, how to attribute value to them, and how these worlds collide with cryptocurrency. With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views of the podcast host commentator and their guest speaker(s).  AllianceBernstein L.P. or its affiliates makes no representations or warranties concerning the accuracy of any data. There is no guar

Send us a textThe bond market often doesn't get much attention from investors, but with interest rates on the move they are now a top of mind topic for many investors.   To have a deep discussion, I’m joined by Matthew Norton, a Senior Municipal Bond Portfolio Manager at Bernstein. We discuss the forecast for interest rates, how rates will impact bond prices, yields today and going forward, we compare bonds to cash, the state of municipal credit, and discuss if now is a good time to put money to work in fixed income.  With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views of the podcast host commentator and their guest speaker(s).  AllianceBernstein L.P. or its affiliates makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material will be realized. Past perf

Send us a textMarket volatility has picked up in the New Year with the NASDAQ, DOW, and S&P 500 all hovering around a correction.  Although Global Markets were up 18% in 2021, many investors feel on edge about the path forward.  Topics I cover include:  How the market can be up so much during a pandemicThe impact of inflation and our outlook for the Fed’s responseWhether stocks are overvalued and our projection for 2022How to think about bonds in a period of rising interest ratesWhether Covid is still a story in the market & the economyThis episode is a replay of a client webinar from January 24, 2022.  With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views of the podcast host commentator and their guest speaker(s).  AllianceBernstein L.P. or its affiliates makes no representations or warranties concerning the accuracy of any data. There is no guara

Send us a textThe Art Market has been going through a period of enormous appreciation and transformation.  To understand what is fueling both, I sit down with Hilde Lynn Helphenstein & Matthew Capasso.  You may know Hilde as @jerrygogosian where she satirizes and influences the art market amongst her many other endevors.  She is an artist and curator as well as art dealer. She studied fine art internationally beginning with a A.S. degree from Strykejernet Kunstskole in Oslo, Norway followed by a BFA in New Genres at San Francisco Art Institute.  She also writes Art World Reports via her private newsletter at www.larrysaltz.com.  Matthew is a Director at Fairchain, and previously worked at both Christie's and Goldman Sachs.  We hit on everything from NFTs, to Art Basel, to the state of the art industry today.With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are sol

Send us a textOn this episode I'm joined by Roosevelt Bowman, a Senior Investment Strategist at Bernstein.  We discuss all the hot topics in the markets today; fed policy, inflation, the impact of massive stimulus on the economy, market valuations, what to be worried about, and where to be opportunistic.   With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views of the podcast host commentator and their guest speaker(s).  AllianceBernstein L.P. or its affiliates makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material will be realized. Past performance does not guarantee future results. The views expressed here may change at any time after the date of this podcast. This podcast is for informational purposes only and does not constitute investment advice. Al

Send us a textOn this episode, I talk about the topic on everyone's mind: inflation. To have a deep discussion, I’m joined by Chris Brigham, a Senior Research Analyst in Bernstein's Investment Strategy Group. We discuss why inflation matters and how it impacts investors’ portfolios.  Chris shares the near-term outlook for inflation and covers how today's policies may impact inflation over the long-term.  We talk about which investors are most exposed to inflation and why, before concluding with the best ways to build inflation protection into your portfolio.With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views of the podcast host commentator and their guest speaker(s).  AllianceBernstein L.P. or its affiliates makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or op

Send us a textOn this episode I recap markets as we close out Q3 and look forward to the end of the year.   Topics I cover include:The outlook for inflation, who is most sensitive, and how to protect your portfolioThe state of the economy and what to make of recent weakness in some of the dataShould you expect a sharp and sustained market selloff?What could be an opportunity in the current market?Is covid still a story in the market & the economy?This episode is a replay of a client webinar from October 18, 2021.  With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views of the podcast host commentator and their guest speaker(s).  AllianceBernstein L.P. or its affiliates makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material will be realized. Past performan

Send us a textWith the new school year upon us I thought I'd take the podcast back to school for Finance 201.  Prior to the pandemic we did a Finance 101 episode so to continue the class I'm joined again by Damon Amendolara of CBS Radio to discuss some of the hottest topics investors are thinking about today.   We cover how to think about cryptocurrency, the impact of low interest rates on borrowers and savers, the employment picture in the US, and the impact of supply chain disruptions on prices and the economy.       Any questions or comments, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views of the podcast host commentator and their guest speaker(s).  AllianceBernstein L.P. or its affiliates makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material will be realized. Past performance does not guarantee future results.