MoneyMasters Podcast 11/6/25

Mike Larson | Editor-in-Chief

Artificial Intelligence (AI) is reshaping the economy faster than anyone expected – and investors are trying to catch up. In this episode of the MoneyShow MoneyMasters Podcast, Ed Yardeni, president of Yardeni Research, and José Torres, senior economist at Interactive Brokers, break down what’s really driving the 2025 market.

From the AI-led capex surge and slowing payroll growth to rising productivity and stretched valuations, they unpack how technology, labor, and policy are shaping the next leg of the cycle. Yardeni explains why he still believes we’re living through the “Roaring 2020s,” while Torres highlights how earnings strength, immigration policy, and a more flexible Federal Reserve could keep the economy expanding, even with inflation hovering near 3%.

Together, they reveal why they both remain relatively bullish – and what investors should watch as 2026 comes into view.

Don’t forget: José and Ed will be speaking at the 2025 MoneyShow Masters Symposium Sarasota, scheduled for Dec. 1-3 at the Ritz-Carlton Sarasota. Click here to register.

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MARKET OVERVIEW

S&P 500

6,796.29 (+0.37%) ↑

VIX

17.98 (-0.17%) ↓

Dow Jones Industrial Average
47,311 (+0.48%) ↑

Gold

$4,015.20 per ounce (+0.56%) ↑

Nasdaq Composite

23,499.80 (+0.65%) ↑

Oil

$59.62 per barrel (+0.03%) ↑

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TOP INVESTING IDEA

The crypto market is bursting with opportunity — but it’s also littered with landmines. In this eye-opening session from a recent MoneyShow Virtual Expo, veteran trader and educator Merlin Rothfeld pulls back the curtain on the darker side of digital assets.

The senior director at the Trading Academy tells you how to spot the warning signs of scam projects before they implode, avoid getting caught in “too good to be true” rug pulls, and navigate the fast-shifting regulatory landscape without getting blindsided. From shady tokenomics to social-media hype cycles, Merlin will show you how the pros separate real innovation from market manipulation. 

ONE Month to Sarasota! Do You Have YOUR PASS Yet?!

There’s only ONE MONTH to go until the 2025 MoneyShow Masters Symposium Sarasota! One month until the nation’s leading economists, analysts, strategists, traders, and authors converge on the Ritz-Carlton for three full days of education, entertainment, and networking.

From headlining speakers like Larry McDonald, Jim Bianco, Liz Ann Sonders, and Brian Belski...to sector and asset class experts like Anas Alhajji on energy, Michael Lee on AI, Brien Lundin on precious metals, and Kevin Maloney on real estate...the financial markets “star power” on hand is going to blow you away. Join us Dec. 1-3!

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FEATURED PICKS FROM MONEYSHOW EXPERTS

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LARSON'S LINKS
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UPCOMING EVENTS
Event Information
November Accredited Virtual Expo
Fixed Income Forum Virtual Expo
November 18-19, 2025
Sarasota Event
December Virtual Expo
MoneyShow Las Vegas
MoneyShow/TradersEXPO Las Vegas
February 23-25, 2026