On today’s Talk Your Book we speak to State Street’s Michael Arone about the origin story of SPY, what’s driving ETF adoption, geopolitics vs. AI, potential economic risks and more.

On today’s show we discuss why the stock market feels like it makes no sense, stocks are the smart money, the speed of market moves, an epic bull market run, a new inflation regime, Hyperliquid, what Austin got right on housing, consumers are still spending, Michael’s number one rule of investing and more.

On today’s Talk Your Book we speak with Matt Kaufman from Calamos about how autocallable ETFs work, the structured products boom and a new way to target growth in your portfolio.