The Lebenthal Report Episode #181: Stagflation Is Back? What Investors Need to Know

This week on The Lebenthal Report, Michael Hartzman and Dominick Tavella discuss the market reaction to geopolitical tensions in the Middle East, rising oil prices, and what it really means for investors.

Despite alarming headlines — oil briefly hitting $120 per barrel and fears about the Strait of Hormuz — markets have remained surprisingly resilient.

Then the hosts welcome Michael “Macro Mike” LoGalbo, Global Market Strategist at New York Life, to break down the macro backdrop:

• Why markets may be underpricing geopolitical risk

• The real impact of $100+ oil on the global economy

• Why inflation may remain stubbornly high

• What a K-shaped economy means for spending and growth

• Whether the Fed will still cut rates this year

• And why stagflation is becoming a word investors may hear again

The conversation also explores how global power dynamics, China’s economic strategy, and energy markets are reshaping the investment landscape.

As always, the message is simple:

Stay calm. Stay disciplined. And focus on long-term fundamentals.

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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/

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📊 The Year in Review / The Year Ahead: Michael's Article in the March 2026 Issue of Fire News

In the latest issue of Fire News, Michael Hartzman, CFP®, President of Lebenthal Financial Services, looks back at the market performance of 2025 and shares his perspective on what may lie ahead for investors.

From key returns to broader economic trends, the article examines how the past year’s market activity may shape the investment landscape in the year ahead.

📖 Read the full article in Fire News Long Island (Page 33)

Read it here

The Lebenthal Report Episode #180: WFAN’s Peter Schwartz on Sports Media, NIL & The Changing Game

On 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 Dominick 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.

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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/

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The Lebenthal Report Episode #179: 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 Dominick 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.

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The Lebenthal Report is a weekly business show that keeps investors informed about the current market conditions, opportunities and risks in the financial markets as seen by two experienced Wall Street veterans. Along with prominent guests, Dominick Tavella and Michael Hartzman will guide you through the complex world of investing. They break down today’s headlines and stories into common sense, providing you the kind of sound fiduciary advice their clients have received for years. The Lebenthal Report provides a clear guide to creating and maintaining a low stress plan for financial success and security. The Lebenthal Report will assist you to create the right financial plan that is right for you and keep you on that path with clear and common sense. Tune in every Tuesday at 5pm Eastern Time/2pm Pacific Time on the VoiceAmerica Business Channel.

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The Lebenthal Report Episode #178: Growth vs. Value - Why the Market is Rotating

After six weeks of market action, the S&P 500 is… exactly flat. Meanwhile, the Nasdaq is down, the Dow is up, value stocks are outperforming growth, and international markets are quietly leading the pack.

So what’s really going on?

On this episode of The Lebenthal Report, Michael Hartzman and Dominick Tavella break down:

  • The growing divergence between growth and value

  • Why AI-related stocks are getting hit — and whether it’s premature

  • What history teaches us about “obvious” investment themes

  • Why international and emerging markets are outperforming

  • Whether gold, the dollar, and crypto are signaling peak liquidity

  • And what true diversification actually looks like

They’re joined by Dan Suzuki, CFA, Investment Strategist at Schroders, who offers a global perspective on AI, market concentration, currency trends, and why today’s “inevitable” trade may not last forever.

From the Magnificent 7 pullback to international value strength, this episode tackles the big question:

Are we witnessing a healthy reset — or the beginning of something bigger?

As always, AI is a tool — not a portfolio manager. Investment decisions require discipline, diversification, and perspective.

🎧 Listen now and stay informed.

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The Lebenthal Report is a weekly business show that keeps investors informed about the current market conditions, opportunities and risks in the financial markets as seen by two experienced Wall Street veterans. Along with prominent guests, Dominick Tavella and Michael Hartzman will guide you through the complex world of investing. They break down today’s headlines and stories into common sense, providing you the kind of sound fiduciary advice their clients have received for years. The Lebenthal Report provides a clear guide to creating and maintaining a low stress plan for financial success and security. The Lebenthal Report will assist you to create the right financial plan that is right for you and keep you on that path with clear and common sense. Tune in every Tuesday at 5pm Eastern Time/2pm Pacific Time on the VoiceAmerica Business Channel.

Listen here

The Lebenthal Report Episode #177: Market Update - February 10, 2026

The Magnificent 7 are struggling. The NASDAQ is negative. Gold just hit $5,000. Meanwhile, international markets are quietly surging — and small cap stocks are ripping higher.

What’s really going on?

On this episode, Michael Hartzman and Dominick Tavella break down:

  • Why Big Tech earnings weren’t “good enough” for Wall Street

  • Whether the AI spending boom is a bubble… or the next internet

  • Why the rest of the market is outperforming the Magnificent 7

  • International markets up 30–40% over the past year

  • The real reason central banks are hoarding gold

  • Why silver’s wild swings require caution

  • What the Federal Reserve is actually worried about

  • The growing “no hire, no fire” job market trend

  • A new New York State law requiring small businesses (10+ employees) to implement a 401(k) plan

Plus, we discuss how we’re positioning client portfolios amid shifting leadership: small caps, mid caps, dividend stocks, and international exposure.

Markets are rotating. Headlines are noisy. Discipline matters more than ever.

🎧 Tune in for perspective beyond the headlines.

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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/

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The Lebenthal Report Episode #176: Staying Confident in a Headline-Driven Market with Howard Yaruss

Markets were in decent shape early in 2026 — until headline risk came roaring back.

On this episode of The Lebenthal Report, Michael Hartzman and Dominick Tavella break down the sudden selloff tied to escalating geopolitical uncertainty, including the latest Greenland/NATO tensions and renewed tariff concerns. The big question for investors: is this a real economic deterioration — or market panic driven by unpredictable headlines?

Then we’re joined by returning guest Howard Yaruss, economist, NYU professor, and author of Understandable Economics, to discuss what’s really happening beneath the surface: the rising cost of U.S. debt, why foreign demand for treasuries may be weakening, why gold is surging, and what “black swan” risks investors should actually worry about.

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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/

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The Lebenthal Report Episode # 175: Motivation and Money - The Paradox of Passion in Investing

Markets opened the year on a strong note, but headline risk and global uncertainty are rising. On this episode of The Lebenthal Report, we discuss how investors can stay focused on fundamentals while navigating unpredictable news cycles.

We’re joined by Dr. Bobby Hoffman, author of The Paradox of Passion: How Rewards Covertly Control Motivation, to explore the psychology behind motivation, passion, and decision-making—and how those same forces influence investor behavior.

Topics include:

• Why markets can accept bad news—but not the unknown

• Headline risk vs. economic fundamentals

• The truth about “fear and greed” in investing

• Why passion isn’t always sustainable

• Self-control, long-term planning, and better financial decisions

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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/

Listen here