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.
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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.