Key Wealth Matters

Key Wealth Institute
  • 5.0 (11)
  • INVESTING
  • UPDATED WEEKLY

Key Wealth Matters, a podcast series hosted by the experts of the Key Wealth Institute, explores the biggest news of today to determine how these headlines can impact wealth plans, financial strategies, markets, and investments. Join our team of advisors for unbiased, proactive advice about individual and family finances, estate and legacy planning, family dynamics, investing, as well as trends for business owners, nonprofits, and institutions. To submit potential topics or questions to our experts, contact us via email at Key_Wealth_Institute@keybank.com. For more information, articles, or other insights related to wealth management, visit key.com/ourinsights. _____________________________________________________ We gather data and information from specialized sources and financial databases, including, but not limited to, Bloomberg Finance LP, Bureau of Economic Analysis, Bureau of Labor Statistics, Chicago Board of Exchange Volatility Index, Dow Jones and Dow Jones NewsPlus, FactSet, Federal Reserve and corresponding 12 district banks, Federal Open Market Committee, ICE Bank of America Move Index, Morningstar and Morningstar.com, Standard & Poor's, and Wall Street Journal and wsj.com. Key Wealth, Key Private Bank, Key Family Wealth, KeyBank Institutional Advisors, and Key Private Client are marketing names for KeyBank National Association, or KeyBank, and certain affiliates, such as Key Investment Services LLC, or KIS, and KeyCorp Insurance Agency USA, Inc., or KIA. The Key Wealth Institute is comprised of financial professionals representing KeyBank and certain affiliates, such as KIS and KIA. Any opinions, projections, or recommendations contained herein are subject to change without notice, are those of the individual authors, and may not necessarily represent the views of KeyBank or any of its subsidiaries or affiliates. This material presented is for informational purposes only and is not intended to be an offer, recommendation, or solicitation to purchase or sell any security or product or to employ a specific investment or tax planning strategy. KeyBank nor its subsidiaries or affiliates represent, warrant, or guarantee that this material is accurate, complete, or suitable for any purpose or any investor. It should not be used as a basis for investment or tax planning decision. It is not to be relied upon or used in substitution for the exercise of independent judgment. It should not be construed as individual tax, legal, or financial advice. Investment products, brokerage, and investment advisory services are offered through KIS, Member FINRA, SIPC, and SEC-registered investment advisor. Insurance products are offered through KIA. Insurance products offered through KIA are underwritten by and the obligation of insurance companies that are not affiliated with KeyBank. Non-Deposit products are: NOT FDIC INSURED • NOT BANK GUARANTEED • MAY LOSE VALUE • NOT A DEPOSIT • NOT INSURED BY ANY FEDERAL OR STATE GOVERNMENT AGENCY ©2026 KeyCorp®. All rights reserved.

  1. 2D AGO

    Playing Through the Rough: PCE, CPI, and a Hawkish Fed Backdrop

    This week’s discussion focuses on how geopolitical risk and shifting rate expectations are driving markets more than fundamentals. Attention stays on developments in Iran and what a potential ceasefire could mean for energy prices, the dollar, and near-term volatility.  Inflation remains a key swing factor, with mixed readings and a tone in recent Fed messaging that keeps the “higher for longer” debate alive.  Against that backdrop, earnings progress can still be overshadowed as real rates pressure valuations and keep the market macro-driven.  The conversation also frames what “fair value” looks like in municipal bonds versus Treasuries and why technicals and seasonality can matter in the months ahead.  The takeaway emphasizes patience, diversification, and selective opportunity while headline risk stays elevated.  For additional context, watch our national call replay Key Wealth National Call: Managing Wealth During the Fog of War, AI Disruption, & An Uncertain Economic Path.   Speakers: Brian Pietrangelo, Managing Director of Investment Strategy George Mateyo, Chief Investment Officer Stephen Hoedt, Head of Equities Tim McDonough, Director of Fixed Income Portfolio Management   01:55 — The week’s inflation, employment, growth, and Iran setup  04:10 — PCE vs. CPI: what each read implies for Fed policy  10:15 — Strait of Hormuz risk and longer-run energy infrastructure shifts  15:23 — Municipal bonds: March drawdown, ratios, and supply-demand headwinds  20:34 — Closing message: volatility, diversification, and tuning out noise   Additional Resources Register Now: Key Wealth National Call: Managing Wealth During the Fog of War, AI Disruption, & An Uncertain Economic Path   Key Questions Weekly Investment Brief Subscribe to our Key Wealth Insights newsletter Follow us on LinkedIn

    24 min

  2. MAR 27

    Markets in the Fog: War Risk, Earnings Reality, and Higher Rates

    This week’s discussion centers on how geopolitical risk, shifting rate expectations, and resilient earnings are reshaping the investment landscape. With economic data light, attention turns to the Iran conflict and its uneven market impact, including higher energy prices and renewed volatility. Equity valuations have reset meaningfully even as forward earnings expectations remain firm, reframing downside risk. The panel explores why markets now price a potential rate hike instead of cuts, how that shift is pressuring bonds and housing, and where leadership may reemerge once macro uncertainty fades. The takeaway emphasizes patience, selective opportunity, and disciplined positioning amid elevated uncertainty. We invite our listeners to continue the conversation on April 1 during the Key Wealth National Call: Managing Wealth During the Fog of War, AI Disruption, & An Uncertain Economic Path.   Speakers: Brian Pietrangelo, Managing Director of Investment Strategy George Mateyo, Chief Investment Officer Rajeev Sharma, Head of Fixed Income Stephen Hoedt, Head of Equities   01:33 — Initial claims update and delayed economic data 02:44 — Iran conflict and the market’s muted reaction 05:35 — Earnings momentum versus falling equity multiples 11:42 — Rate expectations flip from cuts to possible hikes 19:42 — Staying disciplined as volatility creates opportunity   Additional Resources Register Now: Key Wealth National Call: Managing Wealth During the Fog of War, AI Disruption, & An Uncertain Economic Path.   Key Questions Weekly Investment Brief Subscribe to our Key Wealth Insights newsletter Follow us on LinkedIn

    26 min

  3. MAR 20

    Bracket Busting Week for Investors as Rates and Oil Take Center Court

    This week’s conversation focuses on a market environment defined by patience, uncertainty, and shifting expectations. The team walks through February economic data, highlighting steady industrial production, stable jobless claims, and a hotter producer price index that feeds directly into the Fed’s preferred PCE measure. Attention then turns to the FOMC decision to hold rates steady, with Chair Powell reinforcing a higher‑for‑longer mindset amid sticky inflation and a more dispersed dot plot. The discussion expands to private credit, separating recent headlines from underlying fundamentals, before closing with an equity market check on oil prices, inflation risks, and what flexibility and positioning mean for investors navigating a less predictable path forward.   Speakers: Brian Pietrangelo, Managing Director of Investment Strategy George Mateyo, Chief Investment Officer Steve Hoedt, Head of Equities Cindy Honcharenko, Director of Fixed Income Portfolio Management  David Harvan, Senior Lead Research Analyst of Multi-Strategy Research   02:17 — Economic data sets the backdrop for markets 03:38 — FOMC decision, projections, and Powell’s message 10:32 — Private credit fundamentals versus recent headlines 17:24 — Equity markets, technical levels, and oil volatility 22:00 — Gold, Nvidia, and closing investment perspective   Additional Resources National Call Replay: Navigating Noise, Finding Meaning: A Conversation with Brian Portnoy, PhD, CFA Read: Key Questions: How Will Tariffs Impact My Financial Plan?   Key Questions Weekly Investment Brief Subscribe to our Key Wealth Insights newsletter Follow us on LinkedIn

    28 min

  4. MAR 13

    Quality Over Quantity: Credit Markets in a Volatile Week

    A volatile backdrop tied to the Iran conflict kept energy markets in focus and reinforced a higher-uncertainty tone across risk assets. Economic updates pointed to a jobs market that remains steady, inflation readings that are still not cooling meaningfully, and a growth picture that was revised from prior estimates. With next week’s FOMC meeting approaching, attention turns to how policymakers frame the inflation path and whether updated projections lean more restrictive than markets expect. In rates, repricing has favored a flatter curve and higher front-end yields, while in credit, demand has tilted toward higher-quality issuance with selectivity rising in lower-rated segments. Private credit headlines are being treated primarily as a liquidity story, underscoring the importance of structure and time horizon.   Speakers: Brian Pietrangelo, Managing Director of Investment Strategy George Mateyo, Chief Investment Officer Rajeev Sharma, Head of Fixed Income Stephen Hoedt, Head of Equities   01:32 — Three key data points: initial claims, CPI, delayed PCE, and GDP revision  05:07 — Iran conflict, oil volatility, and why duration matters most  14:58 — Fed dot plot stakes and yield curve flattening pressures  17:24 — Heavy corporate issuance and preference for high-quality concessions  20:05 — Private credit framed as liquidity risk, with selective opportunity   Additional Resources National Call Replay: Navigating Noise, Finding Meaning: A Conversation with Brian Portnoy, PhD, CFA Read: Key Questions: How Will Tariffs Impact My Financial Plan?   Key Questions Weekly Investment Brief Subscribe to our Key Wealth Insights newsletter Follow us on LinkedIn

    27 min

  5. MAR 9

    Spring Forward, Markets Backpedal: Iran, Oil, and a Jobs Shock

    Volatility is framed as a two- front test: geopolitical escalation and a labor market miss that undercut confidence in near term growth. The investor fulcrum is oil. If disruption risk around the Strait of Hormuz persists, energy prices can revive inflation pressure just as employment momentum softens. That combination forces markets to debate whether the Fed stays patient on rates or is constrained by renewed price risks, creating sharp cross asset swings. The positioning message is discipline. Avoid abrupt shifts, lean on traditional defensives, and treat pullbacks as opportunities to add selectively.   Speakers: Brian Pietrangelo, Managing Director of Investment Strategy George Mateyo, Chief Investment Officer Rajeev Sharma, Head of Fixed Income Stephen Hoedt, Head of Equities   01:45 — Iran conflict sets the tone; oil and inflation risks rise  04:50 — Jobs report surprise: nearly 100,000 jobs lost  07:15 — Crude oil spikes 10% and Strait of Hormuz risk increases  14:55 — Ten-year yield moves above 4.17% as inflation concerns reprice  22:11 — Closing guidance: avoid bold moves while volatility plays out   Additional Resources Read: Key Questions: How Will Tariffs Impact My Financial Plan?   Key Questions Weekly Investment Brief Subscribe to our Key Wealth Insights newsletter Follow us on LinkedIn

    26 min

  6. FEB 27

    Cold as Ice? When the Numbers Are Strong but the Market Isn’t Impressed

    As February closes, markets are grappling with a familiar tension: solid fundamentals meeting elevated expectations. This episode unpacks why strong earnings, including from Nvidia, have not translated into higher index levels, and why “sell‑the‑news” reactions are increasingly common in mega‑cap technology. The conversation highlights improving market breadth beneath the surface, stable labor conditions, and inflation data that keeps the Fed on hold. With bonds benefiting from a risk‑off tone and AI driving both optimism and disruption, the team reinforces the importance of diversification as leadership rotates and uncertainty persists.   Speakers: Brian Pietrangelo, Managing Director of Investment Strategy George Mateyo, Chief Investment Officer Rajeev Sharma, Head of Fixed Income Stephen Hoedt, Head of Equities   02:00 — Light economic calendar and a hotter‑than‑expected PPI print 03:45 — Nvidia earnings and why markets sold on the news 06:30 — Equal‑weight strength and evidence of broadening leadership 10:00 — Tariffs, AI disruption, and fading headline risks 14:15 — Bond market rally, yields below 4%, and Fed policy outlook   Additional Resources Attend: Key Wealth National Call: Navigating Noise, Finding Meaning: A Conversation with Brian Portnoy, PhD, CFA Read: Key Questions: Small-Caps Outperform in Early 2026 — Will Momentum Continue?   Key Questions Weekly Investment Brief Subscribe to our Key Wealth Insights newsletter Follow us on LinkedIn

    24 min

  7. FEB 20

    Markets Digest Tariff Ruling as Inflation Pressures Persist

    This week’s discussion reflects a market navigating slower growth and firmer inflation. Fourth‑quarter GDP shows a clear downshift, while PCE inflation surprised to the upside on both headline and core measures. The panel explains why sticky inflation and recent FOMC minutes raise the bar for rate cuts, with markets responding through higher front-end yields and a flatter curve. Investors are also assessing the Supreme Court Tariff Ruling, which adds policy uncertainty at a time when markets are already range‑bound. Ongoing rotation beneath the surface reinforces the importance of diversification and discipline in a choppy environment.   Speakers: Brian Pietrangelo, Managing Director of Investment Strategy George Mateyo, Chief Investment Officer Rajeev Sharma, Head of Fixed Income Stephen Hoedt, Head of Equities   01:55 — Industrial production shows modest January strength 03:53 — GDP slowdown and PCE inflation surprise 07:35 — Fed outlook, yields, and rate‑cut expectations 12:12 — AI uncertainty and sector rotation beneath the market 16:05 — Supreme Court tariff ruling and market implications   Additional Resources Attend: Key Wealth National Call: Navigating Noise, Finding Meaning: A Conversation with Brian Portnoy, PhD, CFA Read: Key Questions: Investing Before Lift‑Off – What Should Investors Know About Private Markets and the Next IPO Cycle?   Key Questions Weekly Investment Brief Subscribe to our Key Wealth Insights newsletter Follow us on LinkedIn

    25 min

  8. FEB 13

    A Market in Motion: Inflation Softens, IPOs Pop, and AI Stirs the Pot

    This week, we review a busy week of economic data, including updates on retail sales, employment, and inflation, and discuss what these signals mean for the broader economy. We ask how markets are digesting softening inflation, shifting Fed expectations, sector-level dispersion in equities, and ongoing volatility tied to AI-driven disruption. We end the episode with guest Sean Poe, Director of Investment Research at Key Wealth, who provides some guidance on how investors might think about IPOs, private markets and portfolio construction in the current environment. Speakers: Brian Pietrangelo, Managing Director of Investment Strategy, Key Wealth George Mateyo, Chief Investment Officer, Key Wealth Rajeev Sharma, Head of Fixed Income, Key Wealth Steve Hoedt, Head of Equities, Key Wealth Sean Poe, Director of Investment Research, Key Wealth 02:18 – Retail sales, employment report, inflation (CPI), and what they indicate about consumer strength and economic momentum. 05:17 – A macro interpretation and outlook, including recession expectations, labor market trends, housing’s role in inflation, and potential future Fed actions. 08:29 – We look at this week’s bond market reaction, shifts in rate cut expectations, Treasury yields, safe‑haven flows, and credit market sector performance. 13:00 – We break down the equity market dynamics, rising volatility, sector rotation, AI-driven disruptions, and the shift toward “HALO” (hard assets, low obsolescence) stocks. 16:15 – Sean Poe delivers a thorough overview of the state of the IPO market, why the IPO window closed in recent years, early signs of reopening, and the role of AI-driven capital needs. He also touches on implications for investors, including considerations around accessing IPOs, the role of private markets, and the importance of portfolio construction and advisor guidance. Additional Resources Read: Key Questions: Investing Before Lift‑Off – What Should Investors Know About Private Markets and the Next IPO Cycle?  Key Questions Subscribe to our Key Wealth Insights newsletter Weekly Investment Brief Follow us on LinkedIn

    27 min
See All (44)

Ratings & Reviews

5
out of 5
11 Ratings

About

Key Wealth Matters, a podcast series hosted by the experts of the Key Wealth Institute, explores the biggest news of today to determine how these headlines can impact wealth plans, financial strategies, markets, and investments. Join our team of advisors for unbiased, proactive advice about individual and family finances, estate and legacy planning, family dynamics, investing, as well as trends for business owners, nonprofits, and institutions. To submit potential topics or questions to our experts, contact us via email at Key_Wealth_Institute@keybank.com. For more information, articles, or other insights related to wealth management, visit key.com/ourinsights. _____________________________________________________ We gather data and information from specialized sources and financial databases, including, but not limited to, Bloomberg Finance LP, Bureau of Economic Analysis, Bureau of Labor Statistics, Chicago Board of Exchange Volatility Index, Dow Jones and Dow Jones NewsPlus, FactSet, Federal Reserve and corresponding 12 district banks, Federal Open Market Committee, ICE Bank of America Move Index, Morningstar and Morningstar.com, Standard & Poor's, and Wall Street Journal and wsj.com. Key Wealth, Key Private Bank, Key Family Wealth, KeyBank Institutional Advisors, and Key Private Client are marketing names for KeyBank National Association, or KeyBank, and certain affiliates, such as Key Investment Services LLC, or KIS, and KeyCorp Insurance Agency USA, Inc., or KIA. The Key Wealth Institute is comprised of financial professionals representing KeyBank and certain affiliates, such as KIS and KIA. Any opinions, projections, or recommendations contained herein are subject to change without notice, are those of the individual authors, and may not necessarily represent the views of KeyBank or any of its subsidiaries or affiliates. This material presented is for informational purposes only and is not intended to be an offer, recommendation, or solicitation to purchase or sell any security or product or to employ a specific investment or tax planning strategy. KeyBank nor its subsidiaries or affiliates represent, warrant, or guarantee that this material is accurate, complete, or suitable for any purpose or any investor. It should not be used as a basis for investment or tax planning decision. It is not to be relied upon or used in substitution for the exercise of independent judgment. It should not be construed as individual tax, legal, or financial advice. Investment products, brokerage, and investment advisory services are offered through KIS, Member FINRA, SIPC, and SEC-registered investment advisor. Insurance products are offered through KIA. Insurance products offered through KIA are underwritten by and the obligation of insurance companies that are not affiliated with KeyBank. Non-Deposit products are: NOT FDIC INSURED • NOT BANK GUARANTEED • MAY LOSE VALUE • NOT A DEPOSIT • NOT INSURED BY ANY FEDERAL OR STATE GOVERNMENT AGENCY ©2026 KeyCorp®. All rights reserved.

Information

  • Creator
    Key Wealth Institute
  • Years Active
    2020 - 2026
  • Episodes
    44
  • Rating
    Clean
  • Copyright
    © 2026 KeyCorp
  • Show Website
    Key Wealth Matters

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