Enlightenment - A Herold & Lantern Investments Podcast

Keith Lanton
  • 5.0 (3)
  • Investing
  • Updated Weekly

Financial Podcast featuring Mr. Keith Lanton, President. Every week Keith enlightens his audience with intuitive insights, personal development, and current market commentary. Disclosures: https://www.heroldlantern.com/disclosure -Press interviews or commentaries, please contact Keith or Sal Favarolo at 631-454-2000 | CREDITS: Sophie Cohen - Disclaimer | Alan Eppers - Introduction - Closing | Sal Favarolo - Producer, Sound, Editing, Artwork **For informational and educational purposes only, not intended as investment advice. Views and opinions subject to change without notice. For full disclosures, ADVs, and CRS Forms, please visit https://heroldlantern.com/disclosure **

  1. Sep 28

    We Unpack Rising Yields And The Real Risk Behind The Headlines

    September 28, 2026 | Season 8 | Episode 29 The market mood can change in a week, but the forces behind it are usually building for months. We start with the optics of a major US China summit and ask the uncomfortable question: what if the headlines are louder than the substance? We break down what was actually announced, why a short trade-truce extension may not calm deeper structural tensions, and what history teaches when pageantry papers over real conflict. From there, we pivot straight into the tape: oil prices surge, futures slide, and Treasury yields keep climbing with the 10-year pushing above 5%. We talk through how higher interest rates ripple across portfolios, from the valuation math that hits equities to the substitution effect that makes safe yields suddenly competitive again. We also preview the biggest near-term catalysts for volatility, including the PCE inflation report and the US employment report, and why each data point can reset expectations for Federal Reserve policy. The most practical part of the conversation is bonds. We share takeaways from veteran fixed income voice Dan Fuss on why long-term bonds can be dangerous when deficits are large, and why intermediate maturities may offer a better balance of yield and duration risk. Then we zoom out to debt-to-GDP history, using Britain after 1815 as a reminder that survival can hinge on credibility and growth, not perfection. We wrap with value investing ideas under pressure from rates, including Brookfield and Berkshire Hathaway’s move into homebuilder Lennar. If you find this helpful, subscribe, share the episode with a friend, and leave a review so more listeners can find the show. ** For informational and educational purposes only, not intended as investment advice. Views and opinions are subject to change without notice.  For full disclosures, ADVs, and CRS Forms, please visit https://heroldlantern.com/disclosure ** To learn about becoming a Herold & Lantern Investments valued client, please visit https://heroldlantern.com/wealth-advisory-contact-form Follow and Like Us on Youtube, Facebook, Twitter, and LinkedIn | @HeroldLantern

  2. Sep 21

    If Every Knowledge Leap Sparks Panic What Changes This Time

    September 21, 2026 | Season 8 | Episode 28 AI panic is not new and that’s the point. We start with a simple question: when a technology suddenly makes knowledge easier to create, store, and share, do we get smarter overnight, or do we first get overwhelmed? From Socrates warning that writing would weaken memory to the printing press triggering propaganda, job disruption, and a crisis of truth, we trace the uncomfortable pattern that shows up again with generative AI, large language models, deepfakes, and nonstop synthetic content. Then we bring the lens back to the markets. We walk through what’s driving the current tape, including the push and pull between oil prices, Treasury yields, Fed decisions, and geopolitics. We also touch the AI arms race from a capital standpoint, including the attention around Anthropic’s IPO timeline and what “AI safety” means when the economic incentives are massive. Finally, we get practical. We break down why Apple’s long-running chip strategy can be a real strategic edge, especially as the company leans into privacy-first on-device AI and custom silicon like the A20 Pro. We also dig into income opportunities that are starting to look genuinely interesting again, including office REITs as high-quality space tightens and municipal bonds offering rare tax-free yields near 5% with compelling tax-equivalent yield math for high-tax states. If you want a clear, historically grounded way to think about AI and a concrete framework for portfolio positioning, listen through to the end, then subscribe, share with a friend, and leave a review so more investors can find the show. ** For informational and educational purposes only, not intended as investment advice. Views and opinions are subject to change without notice.  For full disclosures, ADVs, and CRS Forms, please visit https://heroldlantern.com/disclosure ** To learn about becoming a Herold & Lantern Investments valued client, please visit https://heroldlantern.com/wealth-advisory-contact-form Follow and Like Us on Youtube, Facebook, Twitter, and LinkedIn | @HeroldLantern

  3. Sep 8

    Oil Near $100, Rate Hike Odds, And A Volatile Fall Setup

    September 8, 2026 | Season 8 | Episode  27 September has a way of changing the mood on Wall Street, and we’re not easing into it quietly. We walk through why the market’s most notoriously rough month is colliding with a fresh set of catalysts: rising oil prices, sticky inflation worries, and a Federal Reserve decision that could reset expectations for interest rates and bond yields. Along the way, we zoom out to the bigger backdrop that investors can’t ignore anymore: US deficits, debt, and the growing annual cost of servicing that debt.  We also tie geopolitics and day to day market signals together, from Middle East energy shocks to tariff retaliation between the US and Canada, plus what’s moving currencies and global stocks. If you’ve been wondering why the 10 year Treasury yield matters even when earnings look strong, we connect the dots in plain language: inflation prints flow into policy, policy flows into yields, and yields flow into valuations.  Then we dig into the headline that could reshape the artificial intelligence investing landscape: Nvidia’s move to buy Hugging Face. We explain why this is about much more than software, how it reduces Nvidia’s dependence on hyperscalers, and why open source AI could pull thousands of enterprises into building private AI infrastructure that still demands Nvidia hardware. We finish with two practical angles: how to think about bonds near 5% without getting trapped by duration risk, and why Uber’s valuation may be more about robotaxi fear than business reality.  If this helped you see the market with a clearer lens, subscribe, share the show with a friend, and leave a review so more investors can find us. What’s your biggest risk or opportunity heading into September? ** For informational and educational purposes only, not intended as investment advice. Views and opinions are subject to change without notice.  For full disclosures, ADVs, and CRS Forms, please visit https://heroldlantern.com/disclosure ** To learn about becoming a Herold & Lantern Investments valued client, please visit https://heroldlantern.com/wealth-advisory-contact-form Follow and Like Us on Youtube, Facebook, Twitter, and LinkedIn | @HeroldLantern

  4. Aug 24

    When The Treasury Brings The Bigger Bazooka

    August 24, 2026 | Season 8 | Episode 26 $40 trillion is the kind of number your brain refuses to hold, until you convert it into what it costs to carry. We break the debt story down to its real-world impact: a federal interest bill now measured in trillions, a bond market demanding higher yields, and investors quietly asking a sharper question than “will I get paid back?” The question is what those dollars will be worth when they arrive. From there, we connect the dots between inflation risk, portfolio construction, and the renewed appeal of alternative stores of value. We talk through why gold and Bitcoin have momentum when confidence in long-term purchasing power gets shaky, and why equities, especially large cap companies with pricing power, can look like a more durable hedge than a fixed coupon. We also dig into the tax angle that can make stocks more attractive than bonds in taxable accounts. Policy is the accelerant. Treasury Secretary Scott Bessent’s bond buyback plan and talk of tapping the Treasury General Account puts the Treasury in a role markets usually associate with the Federal Reserve. Add in a high-stakes Jackson Hole moment for Fed Chair Kevin Walsh, a US Canada trade breakdown with tariff threats, and fresh Iran sanctions with oil and Strait of Hormuz risk in the background, and you get a week where “rates” stop being an abstract chart and start being the story. If you like clear explanations without hand-waving, hit subscribe, share this with a friend who watches yields, and leave a review with your take: are Treasuries still the anchor of a balanced portfolio? ** For informational and educational purposes only, not intended as investment advice. Views and opinions are subject to change without notice.  For full disclosures, ADVs, and CRS Forms, please visit https://heroldlantern.com/disclosure ** To learn about becoming a Herold & Lantern Investments valued client, please visit https://heroldlantern.com/wealth-advisory-contact-form Follow and Like Us on Youtube, Facebook, Twitter, and LinkedIn | @HeroldLantern

  5. Aug 17

    If The Bond Market Disagrees What Should Investors Do

    August 17, 2026 | Season 8 | Episode 25 Markets are acting like it’s a normal summer week, but the inputs underneath them are anything but. We start with the shifting U.S. Iran story as a fragile ceasefire timeline ends and new rhetoric heats up around the Strait of Hormuz, then trace how those headlines translate into the numbers investors actually feel: oil that stays elevated, gold and silver catching a bid, and futures that wobble as risk gets repriced in real time.  From there, we zoom out to the bigger disconnect driving portfolios in 2026. Stock indexes sit near record highs on the back of AI led earnings strength and improving margins, yet the bond market keeps pushing yields higher. We talk through what that might be signaling about deficits, inflation expectations, and funding stress, including the idea that hyperscalers and mega cap tech companies are issuing so much debt to build AI data centers that they may be pressuring long term rates.  Then we go deep on the economics of warfare. A musket once cost the modern equivalent of a few hundred dollars; today, interceptors can cost millions, and a $30,000 drone can force defenses that are 50 to 100 times more expensive. We walk through the key inflection points from rifles to trenches to tanks to air power, and why drones, electronic warfare, and directed energy lasers may define the next era of defense spending. We wrap with practical market watch items, a quick earnings calendar, and two Barron’s names in focus: Uber amid robotaxi fears and BJ’s as a value minded retail play.  If you want clearer context for geopolitics, defense technology, bond yields, and what they can mean for your portfolio, hit subscribe, share this with a friend, and leave a review so more investors can find the show. ** For informational and educational purposes only, not intended as investment advice. Views and opinions are subject to change without notice.  For full disclosures, ADVs, and CRS Forms, please visit https://heroldlantern.com/disclosure ** To learn about becoming a Herold & Lantern Investments valued client, please visit https://heroldlantern.com/wealth-advisory-contact-form Follow and Like Us on Youtube, Facebook, Twitter, and LinkedIn | @HeroldLantern

  6. Aug 3

    Truthful Hyperbole Meets Trench Warfare

    August 3, 2026 | Season 8 | Episode 24 A market can look calm right up until it doesn’t, and this week’s setup shows why. We start with the big drivers that hit all at once: the Federal Reserve holding interest rates steady, a bond market that reacts to credibility as much as data, and a fresh wave of headlines out of Iran that immediately changes the tone for oil, stocks, and risk appetite. If you follow geopolitics and markets, the Strait of Hormuz and the path of crude prices are not abstract. They are inputs into inflation expectations, Treasury yields, and equity multiples. Then we zoom out to something most investors don’t spend enough time on: the psychology behind leadership. I walk through how Winston Churchill’s early combat and war-correspondent years built a risk tolerance and communication style that later shaped real decisions, and how Donald Trump’s New York City tabloid era taught him to treat media attention as leverage. The takeaway is practical: if you want to anticipate how policy is messaged and how pressure is handled, you study the blueprint, not just the latest headline. From there, we get tactical on what moved markets: the rare US and Bank of Japan currency intervention that jolts USD/JPY and flows directly into the Treasury market, plus the AI trade unwind that shows how leverage and margin calls can force liquidation even when a thesis is directionally right. We also break down big tech earnings from Microsoft, Amazon, Alphabet, Meta, and Apple to separate AI capital expenditures from real AI monetization. Finally, we close with a second major investing theme gaining speed: GLP-1 obesity drugs and why the next wave, including oral pills, could reshape healthcare and markets. If this helps you think more clearly about risk, rates, tech earnings, and the narratives that move prices, subscribe, share the episode, and leave a review with your biggest takeaway. ** For informational and educational purposes only, not intended as investment advice. Views and opinions are subject to change without notice.  For full disclosures, ADVs, and CRS Forms, please visit https://heroldlantern.com/disclosure ** To learn about becoming a Herold & Lantern Investments valued client, please visit https://heroldlantern.com/wealth-advisory-contact-form Follow and Like Us on Youtube, Facebook, Twitter, and LinkedIn | @HeroldLantern

  7. Jul 27

    Wall Street Is Demanding Proof For AI Spending

    July 27, 2026 | Season 8 | Episode 23 The market is sending mixed signals that are easy to miss if you only watch the headlines. One moment the major indexes look fine, and the next a single theme, artificial intelligence, is doing so much of the lifting that the “index equals the market” assumption starts to break down. We dig into the new reality of AI on versus AI off, where breadth matters, concentration matters, and your portfolio can be taking more AI risk than you intended. We also unpack two earnings reactions that caught investors off guard. Tesla’s report raises the question of how long the market will pay a premium for vision without execution, even with big promises around autonomy, robotaxis, and robotics. Alphabet posts blockbuster numbers, yet the stock drops as Wall Street zeroes in on massive AI spending, capital expenditures, and the uncomfortable moment when free cash flow turns negative. Along the way, we explain a crucial AI accounting dynamic: chipmakers recognize revenue now while hyperscalers depreciate infrastructure over years, which can make profits look better than cash reality. Then we zoom out to the real-world drivers that can reset valuations fast: Middle East tension, the Strait of Hormuz, oil prices, inflation expectations, and a bond market offering higher real yields. We cover overlooked medical device stocks that may be “on sale,” clarify what the Social Security trust fund timeline could mean for future benefits, and explain why Treasury Inflation Protected Securities (TIPS) deserve a fresh look as an inflation hedge. If this helped you stress-test your assumptions about AI stocks, market concentration, and bond opportunities, subscribe, share the episode, and leave a review. What part of your portfolio feels most exposed right now? ** For informational and educational purposes only, not intended as investment advice. Views and opinions are subject to change without notice.  For full disclosures, ADVs, and CRS Forms, please visit https://heroldlantern.com/disclosure ** To learn about becoming a Herold & Lantern Investments valued client, please visit https://heroldlantern.com/wealth-advisory-contact-form Follow and Like Us on Youtube, Facebook, Twitter, and LinkedIn | @HeroldLantern

  8. Jul 20

    Chokepoints And Markets

    July 20, 2026 | Season 8 | Episode 22 We connect today’s market nerves to a timeless driver of power: whoever controls key waterways can reshape trade, politics, and prices. We use the Mississippi River and New Orleans blockade to frame the Strait of Hormuz risk, then pivot to what earnings season and AI disruption mean for software stocks and a surprising value idea in Subaru.  • earnings season setup and why Big Tech AI spending matters for profits  • Strait of Hormuz tension and how shipping chokepoints move oil and sentiment  • the New Orleans port blockade as a catalyst for the US Constitution structure  • the chain of events that helped lead to the Louisiana Purchase  • Barron’s view on AI trade doubts and the rotation away from mega cap tech  • why software stocks lag and how to think about winners vs permanently challenged names  • Subaru FUJHY as a cash rich shareholder friendly value stock with strong US demand  For more information, please visit our website at www.com.  ** For informational and educational purposes only, not intended as investment advice. Views and opinions are subject to change without notice.  For full disclosures, ADVs, and CRS Forms, please visit https://heroldlantern.com/disclosure ** To learn about becoming a Herold & Lantern Investments valued client, please visit https://heroldlantern.com/wealth-advisory-contact-form Follow and Like Us on Youtube, Facebook, Twitter, and LinkedIn | @HeroldLantern

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5
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About

Financial Podcast featuring Mr. Keith Lanton, President. Every week Keith enlightens his audience with intuitive insights, personal development, and current market commentary. Disclosures: https://www.heroldlantern.com/disclosure -Press interviews or commentaries, please contact Keith or Sal Favarolo at 631-454-2000 | CREDITS: Sophie Cohen - Disclaimer | Alan Eppers - Introduction - Closing | Sal Favarolo - Producer, Sound, Editing, Artwork **For informational and educational purposes only, not intended as investment advice. Views and opinions subject to change without notice. For full disclosures, ADVs, and CRS Forms, please visit https://heroldlantern.com/disclosure **

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