This week, we sit down with consumer analyst Anna Andreeva to unpack the findings from Piper Sandler’s 26th annual Teens Survey, exploring shifting brand preferences, rising price sensitivity, and the shift from athletic to dressier apparel. We discuss what these trends signal for consumer spending and where investors may find opportunities across footwear, apparel, and beauty.

Michael and Stephen are joined by Paul Newsome to discuss the evolving insurance landscape and where investors can find opportunities as the market cycle shifts. They examine the divergence between life insurers, property and casualty carriers, and insurance brokers, with a focus on interest rates, inflation, capital management, and rising M&A activity. The conversation also explores the potential impact of AI on insurance distribution and profitability, the outlook for homeowners insurance costs, and why select insurance companies may stand out for their balance sheet strength and returns on capital.

For full disclosure information visit: http://www.pipersandler.com/researchdisclosures

This week we are joined by Danny Kirsch, head of the options desk at Piper Sandler, for a look beneath the surface of today’s resilient but increasingly narrow market. We discuss why investors have low conviction despite major moves in rates and oil, why the S&P 500 has become a less effective hedge, and what options positioning and volatility are revealing about investor sentiment. Danny also explore the narrowing AI trade, risks emerging in regional and European banks, the potential impact of the midterm elections, and where opportunities and vulnerabilities may be hiding as the market searches for its next catalyst.

For full disclosure information visit: http://www.pipersandler.com/researchdisclosures