The Lebenthal Report Episode #172: Small Business Mood Check for 2026

Markets are coming out of Thanksgiving with a little more chop, even after a strong year — especially in last year’s standout winners like tech, AI-linked names, and Bitcoin plays. Michael Hartzman and Dominick Tavella explain what’s driving the pullback, why healthcare has quietly led November, and how healthy valuation resets can set the stage for the next leg higher.

Then we’re joined by returning guest Jeff Oak, Vistage Chair, for a real-time read on small and mid-size business sentiment heading into 2026. Jeff breaks down why CEO confidence has rebounded from the spring tariff shock but remains stuck in neutral — and what “profitless prosperity” looks like on Main Street, where protecting margins matters more than ever. The group also digs into rising AI adoption among smaller companies, holiday-season expectations, employee engagement, and the challenge — and opportunity — of leading a workforce spanning five generations.

------

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 Lebenthal Report Episode #170: Market Update - November 11, 2025

On this Veterans Day market update, Michael Hartzman and Dominick Tavella break down a chilly start to winter—both in temperatures and in the markets. Despite a modest pullback, year-to-date performance remains strong, with the S&P 500 up 15%, the NASDAQ up nearly 20%, and emerging markets leading with more than 31% gains. 

The conversation centers on two major concerns shaping investor sentiment: whether the AI-driven rally resembles a tech bubble, and the ongoing government shutdown and its impact on everything from travel delays to food assistance programs. Michael and Dominick compare today’s AI boom to the late-90s dot-com era, noting that unlike the unprofitable companies of 2000, today’s tech giants are backed by real earnings and massive infrastructure investment—but the long-term winners are far from certain. 

They also address inflation trends, recession fears, hiring data, small-business labor behavior, sector performance, and why utilities and data centers are unexpectedly benefiting from rising AI power demand. Looking ahead to 2026, they outline reasons for cautious optimism, while warning that unresolved tariff challenges and a potential Supreme Court ruling could spark short-term volatility. 

Don’t miss this insightful discussion—tune in to stay ahead of the markets!

------

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 Lebenthal Report Episode #169: The Global Comeback - Why International Markets are Outperforming in 2025

After years of lagging behind, international equities are making a powerful return — with the MSCI EAFE up 27% and Emerging Markets up 33.5% this year.

On this episode of The Lebenthal Report, hosts Michael Hartzman and Dominick Tavella sit down with Anjali Balani, Managing Director at JPMorgan Asset Management, to break down the drivers behind the surge:

✅ The “CVS” framework — Currency, Valuation, Sentiment

✅ The weakening U.S. dollar’s impact on global returns

✅ Why Europe, Japan, and Korea are becoming equity bright spots

✅ How investors can strategically rebalance for global diversification

🎧 Listen now to explore where the next wave of market growth may come from .

------

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 Lebenthal Report Episode #166: Keeping it Real- Fed, Jobs and Markets

Markets are soaring while the economy shows cracks. What does it mean for your portfolio?

Dominick Tavella and Michael Hartzman sit down with Philip Blancato to unpack:

✅ The Fed’s next move

✅ Jobs, inflation & growth

✅ Bonds & small-cap opportunities

———

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 Lebenthal Report Episode #165: Making Economics Understandable with Howard Yaruss

On this week’s Lebenthal Report, Michael Hartzman and Dominick Tavella welcome Howard Yaruss—NYU professor and author of Understandable Economics. They discuss:

• Social Security’s future: solvency or scare tactic?

• Inflation explained—simple causes, big impacts

• Gig economy, inequality and the power of tech giants

• Tariffs, data reliability, and what crypto really is

Howard will be back on the show! Got a question for him? Get in touch with us and we’ll try to feature it next time!

———

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 Lebenthal Report Episode #161: Stock Market Outlook and Women Empowerment with Tracy Byrn

This week on The Lebenthal Report, Michael and Dominick are joined by Tracy Byrnes, CDFA® — Vice President of Women & Investing at Lebenthal Global Advisors. Tracy shares expert insights on the current stock market outlook, what investors should watch right now, and actionable strategies for navigating today’s volatile markets.

They also explore women’s roles in the financial industry, why female investors face unique challenges, and how women can build financial confidence and long-term wealth. Tracy brings her decades of experience in wealth management and financial journalism to provide practical tips for both new and seasoned investors.

Whether you’re seeking a market update or guidance on empowering women in finance, this episode offers valuable takeaways for navigating money, markets, and investing with confidence.

Listen now to gain insights you won’t hear anywhere else!

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 Lebenthal Report Episode #160: Big, Beautiful Market Update

On this week’s episode of The Lebenthal Report, Michael and Dominick break down key market movers—from tariff risks and Powell’s interest rate pause to tax reform impacts and looming Medicaid cuts. They cut through the noise to explain how these shifts affect investors, small business owners, and the broader economy. With sharp insight on market volatility and long-term trends, this episode is a must-listen for anyone navigating today’s uncertain financial landscape.

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 Lebenthal Report Episode #159: Market Update

On this episode of The Lebenthal Report, Michael and Dominick dive into the market’s performance as the third quarter of 2025 begins, noting that markets have remained steady despite ongoing economic and geopolitical uncertainties.

Key themes include the broader economic outlook, potential effects of policy decisions on growth and consumer confidence, and how shifting global dynamics could influence market trends in the months ahead.

Looking forward, expectations are mixed, with cautious optimism about interest rate adjustments and technological developments supporting resilience through the second half of the year.

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/