The Elliot Omanson Show

Elliot Omanson
  • 3.0 (2)
  • POLITICS
  • UPDATED WEEKLY

Markets. Politics. Entrepreneurship. Honest conversations about what’s really happening and why it matters. Elliot Omanson — host of Backseat Ballers and The Elliot Omanson Show.

  1. 4D AGO

    How Smart Investors Pay Less in Capital Gains Taxes

    Most people assume capital gains taxes are unavoidable — but in reality, you can legally reduce them to 0% if you structure your income correctly. In this episode, we break down how capital gains are taxed, why your income (not your portfolio size) determines your rate, and how retirees can use smart strategies to minimize taxes over time. From capital gains harvesting to tax loss harvesting and income timing, this is how you keep more of what you’ve earned. The biggest takeaway: retirement isn’t about how much you have — it’s about how efficiently you use it. If you'd like a personalized retirement analysis, reach out to our team. Get a personalized retirement analysis: https://www.owlfi.com/contact

    32 min

  2. 4D AGO

    Murphy's Market Minute | April 17, 2026

    The S&P 500 finished the week at a record 7,126, the Nasdaq posted its 13th consecutive winning session — its longest streak since 1992 — and the Russell 2000 also closed at a fresh all-time high. The Dow gained sharply on the week but did not reach record territory. While Q1 earnings have been solid — particularly from large-cap banks — this week's move was driven more by geopolitics than fundamentals. Progress toward a U.S.-Iran agreement and the reopening of the Strait of Hormuz led to a sharp decline in oil prices, easing immediate inflation pressure. This was the most important macro development of the week, as energy remains one of the key drivers of inflation expectations. Economic data continues to show resilience. Jobless claims came in at 207,000, reinforcing a stable labor market. However, consumer sentiment fell to a record low in April, highlighting a growing disconnect between strong markets and weaker consumer confidence. At their last meeting in March, the Federal Reserve held rates steady at 3.50%–3.75% and continues to signal one rate cut expected in the second half of 2026. Jerome Powell's term expires in May, with Kevin Warsh widely expected to succeed him — a transition worth monitoring for any potential shift in policy tone.

    9 min

  3. APR 10

    Murphy's Market Minute | April 10, 2026

    Markets rebounded this week following a sharp drop in oil prices tied to a temporary ceasefire in the Middle East. While the S&P 500, Nasdaq, and Dow all pushed higher, the move was largely driven by relief that a worst-case geopolitical scenario may be avoided—at least for now. On the economic side, inflation data came in hotter than expected, with headline CPI rising to 3.3% year-over-year. However, this increase was driven almost entirely by a spike in energy prices, particularly gasoline. Core inflation, which excludes food and energy, remained relatively stable, reinforcing the idea that broader inflation pressures are still under control. Oil remains the key variable. After briefly spiking above $110 earlier in the week amid escalating tensions, prices pulled back sharply following the ceasefire announcement but remain elevated and volatile. With the Strait of Hormuz still a point of concern for global supply, energy markets are likely to remain sensitive to headlines. Overall, the market is currently operating under the assumption that inflation will ease if oil stabilizes and that economic fundamentals remain intact. However, this environment remains highly dependent on geopolitical developments, and any renewed escalation could quickly reverse recent gains.

    7 min

  4. APR 6

    How Much Do You REALLY Need to Retire? (Why Most People Get It Wrong)

    How much money do you actually need to retire? The truth is, there is no “magic number” — and most people get this wrong. In this episode, we break down why traditional retirement advice often fails and what actually determines how much you need. We cover the biggest factors that impact your retirement plan, including spending habits, lifestyle expectations, taxes, healthcare costs, and inflation. You’ll also learn why relying on rules like the 4% rule can be dangerous, how retirement has shifted from pensions to self-funded income, and why taxes are often the biggest expense people overlook. This episode also dives into how Social Security fits into your plan, why expenses don’t disappear in retirement, and how strategies like Roth accounts can significantly increase your after-tax income. If you want a clearer, more realistic framework for retirement — this is it. If you'd like a personalized retirement analysis, reach out to our team. Get a personalized retirement analysis: https://www.owlfi.com/contact

    43 min

  5. APR 1

    How High Earners Pay Less in Taxes Using Oil & Gas

    Most high earners overpay taxes. Here’s how they fix it. High-income earners are often told there’s nothing they can do to meaningfully reduce their tax bill. That’s not entirely true. In this episode, Elliot sits down with Steve Blackwell, CEO of Invito Energy Partners, to break down how oil & gas investments are used as a tax strategy to offset ordinary income. They explain how intangible drilling costs (IDC) and bonus depreciation work, why these deductions have existed in the tax code for over 100 years, and how they can be used alongside strategies like Roth conversions. They also explain why many investors lose money in oil & gas — and how to avoid those mistakes. If you’re a high earner looking for ways to reduce taxes or better understand advanced tax strategies, this is a complete breakdown. If you'd like a personalized retirement analysis, reach out to our team. Link to the OWLFI website with our contact info: https://www.owlfi.com/contact

    1h 4m

  6. MAR 25

    Widow’s Penalty Explained: Why You Pay MORE Taxes After Losing a Spouse

    What really happens financially after losing a spouse? The “widow’s penalty” is one of the most overlooked risks in retirement—and it can result in higher taxes, lower income, and less flexibility, all at the worst possible time. In this episode, we break down why a surviving spouse can end up paying more in taxes despite earning less income. From losing a Social Security benefit to being pushed into higher single tax brackets, the financial impact stacks quickly. We also cover how required minimum distributions (RMDs) and Social Security taxation can compound the problem, along with key estate planning mistakes that can make things even worse. This isn’t just about taxes—it’s about being prepared. Proper planning, correct beneficiary designations, and having a clear financial structure in place can dramatically reduce the impact of this “widow’s shock.” If you'd like a personalized retirement analysis, reach out to our team. Link to the OWLFI website with our contact info: https://www.owlfi.com/contact

    31 min

  7. MAR 23

    Why Retirement Plans Fail: The Biggest Mistakes to Avoid

    Why do retirement plans fail, even for people who saved diligently for years? In this episode, Elliot Omanson and Nathaniel Vossman break down the biggest reasons retirement plans fall apart, including overspending, poor tax planning, panic selling, bad withdrawal timing, inflation, healthcare costs, and being too conservative with investments. They also explain how emotions can wreck a financial plan, why taxes can become one of the biggest expenses in retirement, how RMDs and Social Security taxation create hidden problems, and what people should focus on to improve their odds of long-term success. If you want a smarter retirement strategy and want to avoid the most common mistakes, this episode is for you. If you'd like a personalized retirement analysis, reach out to our team. Link to the OWLFI website with our contact info: https://www.owlfi.com/contact

    1h 5m

  8. MAR 17

    Murphy's Market Minute | March 13, 2026

    The week’s key focus was inflation. February’s Consumer Price Index (CPI) rose 0.3% month-over-month and 2.4% year-over-year, with Core CPI up 0.2% MoM and 2.5% YoY. The Fed’s preferred gauge, the Personal Consumption Expenditures (PCE) Price Index released today, increased 0.3% MoM and 2.8% YoY, while Core PCE rose to 3.1% YoY. These readings were broadly in line with expectations and suggest inflation continues moderating toward levels consistent with the Fed’s patient approach to interest rates. Economic growth showed some softness, with fourth-quarter GDP revised lower to +0.7% annualized. That said, consumer spending and personal income both increased 0.4%, highlighting resilient household demand. The labor market also remains stable, with initial jobless claims at 213,000 and job openings holding elevated at 6.9 million. Despite encouraging inflation data, equity markets experienced volatility during the week driven by geopolitical risks in the Middle East and rising oil prices. Markets attempted a rebound following the PCE release but ultimately finished the session lower, leaving the major indices modestly down week-over-week compared to last Friday’s close (March 6) after earlier declines tied to energy costs and global tensions.

    9 min
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Ratings & Reviews

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About

Markets. Politics. Entrepreneurship. Honest conversations about what’s really happening and why it matters. Elliot Omanson — host of Backseat Ballers and The Elliot Omanson Show.

Information

  • Creator
    Elliot Omanson
  • Years Active
    2025 - 2026
  • Episodes
    74
  • Rating
    Explicit
  • Copyright
    © Copyright 2025 All rights reserved.
  • Show Website
    The Elliot Omanson Show