Debate: NEW JERSEY! Is NJ a Bellwether for What Lies Ahead for the US in a Complex and Changing World?Featuring: John Hasse, Professor of Geography at Rowan University, Director of the Geospatial Research Lab, and Director of the Community and Environmental Planning Program.New Jersey, the most dense state in the US, features 127 miles of coast, deep ports beneficial for shipping, prime agricultural soils, highlands, ridges and valleys. We explore how the “big history” of New Jersey affects its planning and its economy. And how what happens in New Jersey is both a microcosm of and a leading indicator for the future of the United States.  Topics include:How NJ geography affects the use of the landUrbanization and re-urbanizationAreas where NJ leads the countryWe reference www.njmap2.com in this podcast. Never miss an episode — subscribe to Investment Wars on Apple Podcasts and Spotify.For inquiries: [email protected]— IMPORTANT DISCLOSURE: Fountainhead sponsors the podcast to further education and critical thinking about the factors that affect markets and investing, and the podcast does not provide investment advice. Investment advice is offered only to clients of Fountainhead who have entered into an advisory agreement and with whom Fountainhead has identified individual objectives, risk tolerance, and other investment needs.

Debate: The Upcoming Election: Will the Winner Materially Affect Market Performance in the Near Term?Featuring: Paul Hickey, co-founder of Bespoke Investment Group.  40% of the population will be devastated come November 5th as their (hopefully) voted for president-elect loses. While we emphasize and are saddened by the polarization in our political system, we explore how much our next president actually affects near term financial market performance.  Topics include:Where our political parties align (e.g., China!) and expected effects on the market.Where our political parties diverge (e.g., Social services and regulation) and expected effects on the market.A case study using Apple as proxy for expected affects on revenues, cost and sentiment.Never miss an episode — subscribe to Investment Wars on Apple Podcasts and Spotify.For inquiries: [email protected]— IMPORTANT DISCLOSURE: Fountainhead sponsors the podcast to further education and critical thinking about the factors that affect markets and investing, and the podcast does not provide investment advice. Investment advice is offered only to clients of Fountainhead who have entered into an advisory agreement and with whom Fountainhead has identified individual objectives, risk tolerance, and other investment needs.

Debate: How Demographics May Affect Future Interest Rate and Debt Levels  Featuring: James Meyers, CFA, Principal and Portfolio Strategist for Prudential Group Investment Management (PGIM) Fixed Income.   We discuss how shifting demographics (i.e. America is getting older!) will affect pretty much everything in our economy inclusive of productivity, tax rates, debt levels and interest rates. When a population ages, you simply have fewer people relative to the population able to participate in the workforce which puts pressure on all of society. Will innovation and further general advancements in technology allow us to mitigate these risks or are we heading into a lower-growth, more expensive environment?    Topics include:How aging demographics affected other developed countries, notably JapanHow a shift in demographics affects tax, consumer spend and government assistanceMitigating age through productivity and immigrationNever miss an episode — subscribe to Investment Wars on Apple Podcasts and Spotify.For inquiries: [email protected]— IMPORTANT DISCLOSURE: Fountainhead sponsors the podcast to further education and critical thinking about the factors that affect markets and investing, and the podcast does not provide investment advice. Investment advice is offered only to clients of Fountainhead who have entered into an advisory agreement and with whom Fountainhead has identified individual objectives, risk tolerance, and other investment needs.

Debate: Will the Crypto Ecosystem Disrupt Both Fiat Currency and Digital Technologies?Featuring: David LaValle, Senior Managing Director and Global Head of ETFs at Grayscale Investments, the world’s largest digital currency asset manager.  We discuss how cryptocurrencies may live side by side with a fiat currency like the US Dollar or the Nigerian Naira to use an example of a weaker currency and financial system and how one may think through elements of the crypto ecosystem such as currencies, smart contracts, and financial systems.  Topics include:What just happened in Nigeria! And why?Are cryptocurrencies a storer of value, a type of currency or both?Crypto basicsDisruptive technology and future innovationNever miss an episode — subscribe to Investment Wars on Apple Podcasts and Spotify.For inquiries: [email protected]— IMPORTANT DISCLOSURE: Fountainhead sponsors the podcast to further education and critical thinking about the factors that effect markets and investing, and the podcast does not provide investment advice. Investment advice is offered only to clients of Fountainhead who have entered into an advisory agreement and with whom Fountainhead has identified individual objectives, risk tolerance, and other investment needs.

Debate: Will the Fed Really Cut Rates Three Times this Year?  Featuring: Michael Shaoul, Chairman, Portfolio Manager and CEO of Marketfield Asset Management, an asset manager specializing in global macro investing.  Macro investing focuses on an in-depth analysis of the economic, monetary and credit environments in assessing what markets and products to have exposure to. Using this context, one can better appreciate what it means to have set interest rates and how differing factors may contribute to headline inflation.  Topics Include:The potential dangers of lowering federal fund rates too fastHow the economy is currently faringWarning signs in certain sectors of the marketsNever miss an episode — subscribe to Investment Wars on Apple Podcasts and Spotify.For inquiries: [email protected]— IMPORTANT DISCLOSURE: Fountainhead sponsors the podcast to further education and critical thinking about the factors that effect markets and investing, and the podcast does not provide investment advice. Investment advice is offered only to clients of Fountainhead who have entered into an advisory agreement and with whom Fountainhead has identified individual objectives, risk tolerance, and other investment needs.

Debate: Do Recent Disruptions in the Real Estate Sector Create Opportunity in 2024?  Featuring: Lauren Hochfelder, Co-Chief Executive Officer of Morgan Stanley Real Estate Investing (“MSREI”) and Head of MSREI Americas, one of the longest-tenured real estate investment management businesses, with a number of offerings across the risk spectrum.The Real Estate sector has experienced one disruption after another as Covid ravaged the commercial office building sector quickly followed by supply chain issues, increasing inflation and finally significantly higher borrowing costs affecting the values of property across America. We are privileged to have Lauren Hochfelder on the show to help navigate this complicated story and uncover potential opportunities.  Topics Include:Did Covid permanently change or simply speed up secular trends?Is commercial office space going the way of the mall or is there more nuance here?What exactly constitutes “commercial” retail nowadays?How does reshoring/onshoring affect the real estate markets?Effects of E-delivery and logistics?What are the millennials going to do?Is there truth in the impending “debt maturity wall”?Do high yields and general disruption spell gloom or opportunity?Never miss an episode — subscribe to Investment Wars on Apple Podcasts and Spotify.For inquiries: [email protected]— IMPORTANT DISCLOSURE: Fountainhead sponsors the podcast to further education and critical thinking about the factors that effect markets and investing, and the podcast does not provide investment advice. Investment advice is offered only to clients of Fountainhead who have entered into an advisory agreement and with whom Fountainhead has identified individual objectives, risk tolerance, and other investment needs.

Debate: Will Robots Take over the World?!Featuring: Zeno Mercer, an expert on Robotics with VettaFi RoboGlobal Indexes. Zeno is an Investor & Researcher in Robotics, AI & Healthcare.Amazon may have more robot “workers” than human ones. Robots are increasingly replacing humans on factory floors given upgrades in their technologies. Furthermore, robots may be an integral part of the answer to current and potential continuous labor shortages as reshoring occurs (note Episode 14) given recent geopolitical tensions and increased government spend in infrastructure and manufacturing. Topics Include:What distinguishes a robot from a tool or machine.A review of the last few generations or robots and what is to come.The incredible dexterity that robots now have.How automation, AI and robots create the tools to accomplish almost anything robotically over the near future.Can robots take over the world?Never miss an episode — subscribe to Investment Wars on Apple Podcasts and Spotify.For inquiries: [email protected]— IMPORTANT DISCLOSURE: Fountainhead sponsors the podcast to further education and critical thinking about the factors that effect markets and investing, and the podcast does not provide investment advice. Investment advice is offered only to clients of Fountainhead who have entered into an advisory agreement and with whom Fountainhead has identified individual objectives, risk tolerance, and other investment needs.

Debate: How Strong Is the Trend Towards Reshoring of Manufacturing?Featuring: Chris Semenuk, Investment Partner with Tema ETFs.Is the trend towards reshoring due to recent stresses to the global supply chain or a trend that has been occurring regardless and now simply accelerating due to geopolitical considerations? One may be surprised at conclusions drawn.Topics include:Broad overview leading to current globalized tradeHighlighted vulnerabilities within the supply chainThe reality of when the onshoring trend actually beganThe changing equation of Total Cost of Ownership as applies to produced goodsReferenced Speech: The Biden administration’s international economic agenda: A conversation with National Security Advisor Jake Sullivan | BrookingsNever miss an episode — subscribe to Investment Wars on Apple Podcasts and Spotify.For inquiries: [email protected]— IMPORTANT DISCLOSURE: Fountainhead sponsors the podcast to further education and critical thinking about the factors that effect markets and investing, and the podcast does not provide investment advice. Investment advice is offered only to clients of Fountainhead who have entered into an advisory agreement and with whom Fountainhead has identified individual objectives, risk tolerance, and other investment needs.

Special Episode: An Insider View of Disruption within the Auto Industry Featuring: Dr. Philip Koehn, who has over two decades of experience in the Luxury auto industry, formerly as Managing Director of Jaguar and prior as Chief Engineering Director for Rolls Royce Motors. Some topics covered include:Advantages and disadvantages of Electric Drive vs. the Combustion EngineHow technology plays a role in upstarts vs incumbentsChina’s adventures in EV – can they compete?The future of autonomous vehiclesHappy Holidays from the Investment Wars Team!Never miss an episode — subscribe to Investment Wars on Apple Podcasts and Spotify.For inquiries: [email protected]— IMPORTANT DISCLOSURE: Fountainhead sponsors the podcast to further education and critical thinking about the factors that effect markets and investing, and the podcast does not provide investment advice. Investment advice is offered only to clients of Fountainhead who have entered into an advisory agreement and with whom Fountainhead has identified individual objectives, risk tolerance, and other investment needs.

Debate: Is Commercial Real Estate a Risk or Opportunity?Featuring: Burl East, Portfolio Manager and Chief Executive Officer of American Assets Capital Advisers to speak with us about Real Estate.Markets have priced in a significant decline in the commercial office space sector due primarily to the twin threats of the hybrid work environment and increased interest rates. Will office space go the way of the mall? Do these operator’s have the necessary interest coverage? And who are the winners and losers in the commercial space?Additionally, Burl and I delve into other areas of the real estate market, including cell towers, industrial, and RV parks as real estate is so much more than simply office buildings and residential.Topics include:Commercial real estate, commercial office towers, cell towers, industrial real estate, interest rates, hybrid work, interest coverageNever miss an episode — subscribe to Investment Wars on Apple Podcasts and Spotify.For inquiries: [email protected]— IMPORTANT DISCLOSURE: Fountainhead sponsors the podcast to further education and critical thinking about the factors that effect markets and investing, and the podcast does not provide investment advice. Investment advice is offered only to clients of Fountainhead who have entered into an advisory agreement and with whom Fountainhead has identified individual objectives, risk tolerance, and other investment needs.