Michael
@rbtrage.bsky.social
Empathetic snarky commentary on contemporary, socioeconomics, and the global macro. Also partner & chief investment officer at Running Point, a multifamily office💡
"#TRUMP'S 50-YEAR MORTGAGE PLAY, Part II: Other Plans At Work?"—@Forbes reporter Erik Sherman threw us into this interesting #debate regarding 50-year #mortgages, how to #hedge them, and #duration extension. An interesting conundrum💭
November 16, 2025 at 4:36 PM
"#TRUMP'S 50-YEAR MORTGAGE PLAY, Part II: Other Plans At Work?"—@Forbes reporter Erik Sherman threw us into this interesting #debate regarding 50-year #mortgages, how to #hedge them, and #duration extension. An interesting conundrum💭
"RALLY ON THE RISE: #AI BOOSTS OPTIMISM IN US MARKETS"—We were interviewed live at the beginning of July regading our #economic and #investment #outook on AsharqBusiness اقتصاد الشرق Morning Show with anchors Fahed al Zahrani and Samia Saleh, with producer Tabarek Jouni.
July 19, 2025 at 6:31 PM
"RALLY ON THE RISE: #AI BOOSTS OPTIMISM IN US MARKETS"—We were interviewed live at the beginning of July regading our #economic and #investment #outook on AsharqBusiness اقتصاد الشرق Morning Show with anchors Fahed al Zahrani and Samia Saleh, with producer Tabarek Jouni.
Have you seen my brand new #LandRover #JLR #Defender? Cuz I practically haven’t since it’s needed service from day one and has been in for fixes 38 of the 46 days I’ve owned it.
I’m paying #auto #insurance on a car I’m unable to drive!
And it’s still in the shop!
Bad #quality😒
#trucks #cars #autos
I’m paying #auto #insurance on a car I’m unable to drive!
And it’s still in the shop!
Bad #quality😒
#trucks #cars #autos
July 1, 2025 at 9:29 PM
Have you seen my brand new #LandRover #JLR #Defender? Cuz I practically haven’t since it’s needed service from day one and has been in for fixes 38 of the 46 days I’ve owned it.
I’m paying #auto #insurance on a car I’m unable to drive!
And it’s still in the shop!
Bad #quality😒
#trucks #cars #autos
I’m paying #auto #insurance on a car I’m unable to drive!
And it’s still in the shop!
Bad #quality😒
#trucks #cars #autos
"BlackRock Saddles Up with #TEXN ETF, Betting on the Lone Star Boom"
🗺️We have country-based #ETFs, global regional ETFs, and state-based muni ETFs, so for some of the largest powerhouse states (or regions), why not state based or U.S. regional ETFs?💡
Y’all Street — #Texas #stocks #investing
🗺️We have country-based #ETFs, global regional ETFs, and state-based muni ETFs, so for some of the largest powerhouse states (or regions), why not state based or U.S. regional ETFs?💡
Y’all Street — #Texas #stocks #investing
June 25, 2025 at 12:19 AM
"BlackRock Saddles Up with #TEXN ETF, Betting on the Lone Star Boom"
🗺️We have country-based #ETFs, global regional ETFs, and state-based muni ETFs, so for some of the largest powerhouse states (or regions), why not state based or U.S. regional ETFs?💡
Y’all Street — #Texas #stocks #investing
🗺️We have country-based #ETFs, global regional ETFs, and state-based muni ETFs, so for some of the largest powerhouse states (or regions), why not state based or U.S. regional ETFs?💡
Y’all Street — #Texas #stocks #investing
IN TODAY'S EPISODE OF "CONFUSE-A-TRADER"—Economic data this week continues to do its best impersonation of a magic trick🪄 now you see a slowdown, now you don’t. #Markets remain placid despite conflicting signals and a renewed blast of tariff drama from #Trump. #Gold
#investing
#investing
June 5, 2025 at 7:40 PM
IN TODAY'S EPISODE OF "CONFUSE-A-TRADER"—Economic data this week continues to do its best impersonation of a magic trick🪄 now you see a slowdown, now you don’t. #Markets remain placid despite conflicting signals and a renewed blast of tariff drama from #Trump. #Gold
#investing
#investing
I sat down with @Mergermarket and CIO/host @GiovanniAmadeo to share my thoughts on "the evolution of #privateassets in #familyoffices allocation.” “Schulman offers deep insights into the evolving landscape of private #assets and how #affluent #families are navigating #wealthmanagement
May 24, 2025 at 9:04 PM
I sat down with @Mergermarket and CIO/host @GiovanniAmadeo to share my thoughts on "the evolution of #privateassets in #familyoffices allocation.” “Schulman offers deep insights into the evolving landscape of private #assets and how #affluent #families are navigating #wealthmanagement
The US is now rated AA-plus-ish. #Moody’s move is a symbolic slap, not a systemic shock. #Treasuries remain the world’s spare-tire asset, the #dollar keeps its passport, and the debt mountain still grows—just a tad more expensively. A reminder that #fiscal physics haven’t been repealed;…
May 19, 2025 at 5:16 AM
The US is now rated AA-plus-ish. #Moody’s move is a symbolic slap, not a systemic shock. #Treasuries remain the world’s spare-tire asset, the #dollar keeps its passport, and the debt mountain still grows—just a tad more expensively. A reminder that #fiscal physics haven’t been repealed;…
Excited to be on the separate managed account (SMA) panel at the 3rd Annual Southern California private placement life insurance (#PPLI) & private placement variable annuity (#PPVA) Forum, May 13–14 at the Westdrift Hotel in #ManhattanBeach.
LIFE INSURANCE DONE SMART™️ our #PPLI and #PPVA program!
LIFE INSURANCE DONE SMART™️ our #PPLI and #PPVA program!
May 2, 2025 at 3:57 AM
Excited to be on the separate managed account (SMA) panel at the 3rd Annual Southern California private placement life insurance (#PPLI) & private placement variable annuity (#PPVA) Forum, May 13–14 at the Westdrift Hotel in #ManhattanBeach.
LIFE INSURANCE DONE SMART™️ our #PPLI and #PPVA program!
LIFE INSURANCE DONE SMART™️ our #PPLI and #PPVA program!
"Many #investors claim they can tolerate a 20% to 30% #drawdown on the way to higher returns, but when it happens, doing nothing can feel foolish," explains @rbtrage. "The key is recognizing that being prepared and sticking to a plan is not inaction; it's #discipline."
April 26, 2025 at 6:27 PM
"Many #investors claim they can tolerate a 20% to 30% #drawdown on the way to higher returns, but when it happens, doing nothing can feel foolish," explains @rbtrage. "The key is recognizing that being prepared and sticking to a plan is not inaction; it's #discipline."
The current administration has triggered significant political, social, and market volatility, creating a challenging environment for #business #planning and #investment #strategy. Market jitters can compound on themself as fear takes hold. Despite these headwinds, several potential tailwinds exist…
March 26, 2025 at 3:27 AM
The current administration has triggered significant political, social, and market volatility, creating a challenging environment for #business #planning and #investment #strategy. Market jitters can compound on themself as fear takes hold. Despite these headwinds, several potential tailwinds exist…
"9 Best #ETFs to Buy for a #Recession"—we were quoted yesterday in this @usnews article by @Tony Dong, MSc, CETF®.
#stocks #investment #outlook
#stocks #investment #outlook
March 20, 2025 at 3:11 AM
"9 Best #ETFs to Buy for a #Recession"—we were quoted yesterday in this @usnews article by @Tony Dong, MSc, CETF®.
#stocks #investment #outlook
#stocks #investment #outlook
Catch us this Tuesday at #ALTSLA 2025—in downtown #LosAngeles—where I’ll moderate a panel on:
💡ABSOLUTE RETURN (no relation to the #vodka🍸)
and
💡LIQUID (daily-tradable💦) #ALTERNATIVE #INVESTMENTS
Thank you too @CAIAAssociation, @CalALTs, @USPrivateWealth @CFA_LA
💡ABSOLUTE RETURN (no relation to the #vodka🍸)
and
💡LIQUID (daily-tradable💦) #ALTERNATIVE #INVESTMENTS
Thank you too @CAIAAssociation, @CalALTs, @USPrivateWealth @CFA_LA
March 18, 2025 at 12:01 AM
Catch us this Tuesday at #ALTSLA 2025—in downtown #LosAngeles—where I’ll moderate a panel on:
💡ABSOLUTE RETURN (no relation to the #vodka🍸)
and
💡LIQUID (daily-tradable💦) #ALTERNATIVE #INVESTMENTS
Thank you too @CAIAAssociation, @CalALTs, @USPrivateWealth @CFA_LA
💡ABSOLUTE RETURN (no relation to the #vodka🍸)
and
💡LIQUID (daily-tradable💦) #ALTERNATIVE #INVESTMENTS
Thank you too @CAIAAssociation, @CalALTs, @USPrivateWealth @CFA_LA
@rbtrage, Chief Investment Officer (#CIO) at Running Point Capital Advisors, told @gulf_news it is evident that both #AbuDhabi based @etihad #airline and #Saudi-based low-cost carrier @flynas are pushing ahead with their respective #IPO plans despite #global economic headwinds.
March 15, 2025 at 9:00 PM
@rbtrage, Chief Investment Officer (#CIO) at Running Point Capital Advisors, told @gulf_news it is evident that both #AbuDhabi based @etihad #airline and #Saudi-based low-cost carrier @flynas are pushing ahead with their respective #IPO plans despite #global economic headwinds.
We were interviewed by @intpolicydigest and Tobis Fellow writer Scott Douglas Jacobsen, “THE TARIFF TUG-OF-WAR: MICHAEL ASHLEY SCHULMAN WEIGHS IN”
#Tariffs are about #business and #people!
“In this discussion, Schulman explores #tariffs as both a strategic tool and a double-edged sword—capable of…
#Tariffs are about #business and #people!
“In this discussion, Schulman explores #tariffs as both a strategic tool and a double-edged sword—capable of…
March 2, 2025 at 11:33 PM
We were #interviewed live on Monday’s @AsharqBusiness Morning Show with anchors Fahed and @samiasalehh to discuss:
• Asian markets
• #Michigan consumer sentiment
• The beginning of a #correction
• U.S. #tech vs China
• #Fed and personal consumption expenditures (#PCE)
• Asian markets
• #Michigan consumer sentiment
• The beginning of a #correction
• U.S. #tech vs China
• #Fed and personal consumption expenditures (#PCE)
February 25, 2025 at 9:50 PM
We were #interviewed live on Monday’s @AsharqBusiness Morning Show with anchors Fahed and @samiasalehh to discuss:
• Asian markets
• #Michigan consumer sentiment
• The beginning of a #correction
• U.S. #tech vs China
• #Fed and personal consumption expenditures (#PCE)
• Asian markets
• #Michigan consumer sentiment
• The beginning of a #correction
• U.S. #tech vs China
• #Fed and personal consumption expenditures (#PCE)
Hickory Dickory Dock,
Donald #Trump saved TikTok.
The teens all cheered,
The ban disappeared,
Its fame was now in stock.
170 mil smiled wide,
Their favorite app survived.
With a deal in place,
It stayed in the race,
As #Elon talked the Tok.
Instagram gave a sigh,
…continued in link below
Donald #Trump saved TikTok.
The teens all cheered,
The ban disappeared,
Its fame was now in stock.
170 mil smiled wide,
Their favorite app survived.
With a deal in place,
It stayed in the race,
As #Elon talked the Tok.
Instagram gave a sigh,
…continued in link below
January 20, 2025 at 7:27 AM
China's property sector crisis continues to deepen, illustrated by Country Garden Group's staggering 2023 loss of 178.4 billion yuan ($24.3B) and ongoing debt restructuring challenges. The mess is so untenably large that some may question the accuracy of the accounting!
January 16, 2025 at 4:34 AM
China's property sector crisis continues to deepen, illustrated by Country Garden Group's staggering 2023 loss of 178.4 billion yuan ($24.3B) and ongoing debt restructuring challenges. The mess is so untenably large that some may question the accuracy of the accounting!
#NASDAQ punches above 20,000 for the first time🎉
📈@Alphabetlnc leaps to all-time high!
📰@Reuters reached out to us for #commentary on what moved @Google in an article by Harshita Varghese, "Google-Parent Alphabet Hits Record High After #Trump Taps Andrew Ferguson as FTC Chair”
📈@Alphabetlnc leaps to all-time high!
📰@Reuters reached out to us for #commentary on what moved @Google in an article by Harshita Varghese, "Google-Parent Alphabet Hits Record High After #Trump Taps Andrew Ferguson as FTC Chair”
December 11, 2024 at 10:46 PM
#NASDAQ punches above 20,000 for the first time🎉
📈@Alphabetlnc leaps to all-time high!
📰@Reuters reached out to us for #commentary on what moved @Google in an article by Harshita Varghese, "Google-Parent Alphabet Hits Record High After #Trump Taps Andrew Ferguson as FTC Chair”
📈@Alphabetlnc leaps to all-time high!
📰@Reuters reached out to us for #commentary on what moved @Google in an article by Harshita Varghese, "Google-Parent Alphabet Hits Record High After #Trump Taps Andrew Ferguson as FTC Chair”
We were quoted by @TheEpochTimes, “American Exceptionalism Drives S&P, Nasdaq Higher for Another Week”
American exceptionalism and its tendency to wax and wane is not a new concept.
“It depends on the economic, cultural, and political tide, but over the decades, it seems to have increased and…
American exceptionalism and its tendency to wax and wane is not a new concept.
“It depends on the economic, cultural, and political tide, but over the decades, it seems to have increased and…
December 8, 2024 at 10:24 PM
We were quoted by @TheEpochTimes, “American Exceptionalism Drives S&P, Nasdaq Higher for Another Week”
American exceptionalism and its tendency to wax and wane is not a new concept.
“It depends on the economic, cultural, and political tide, but over the decades, it seems to have increased and…
American exceptionalism and its tendency to wax and wane is not a new concept.
“It depends on the economic, cultural, and political tide, but over the decades, it seems to have increased and…
"Foreign companies have shifted to U.S. #exchanges lured by higher valuations, the dominance of U.S. equities in global #indexes, faster U.S. economic growth, abundant #technology and eco-investment incentives, simpler regulations, and the appeal of a glitzy #Nasdaq or #NYSE listing or #IPO boost.”
December 1, 2024 at 6:13 AM
"Foreign companies have shifted to U.S. #exchanges lured by higher valuations, the dominance of U.S. equities in global #indexes, faster U.S. economic growth, abundant #technology and eco-investment incentives, simpler regulations, and the appeal of a glitzy #Nasdaq or #NYSE listing or #IPO boost.”
The name that could blow all of the projected 2025 #IPOs out of the water is Elon Musk's popular aerospace company #SpaceX. "If @SpaceX were to #IPO in 2025, it could do so with a valuation possibly well north of $200 billion," says the CIO at Running Point Capital in El Segundo, California.
November 29, 2024 at 8:51 PM
Will #BESSENT become a safety valve for #Trump's policies? We were interviewed by 3x award-winning TV journalist and #business morning news anchor @cybaaudi of @AsharqBusiness with @bloomberg for our thoughts on Scott Bessent for #TreasurySecretary. www.linkedin.com/posts/rbtrag...
Michael Ashley Schulman, CFA on LinkedIn: #business #trump #wallstreet #tariffs #taxes #socialsecurity #fed…
"BESSENT AS TREASURY SECRETARY! Will he become a safety valve for Trump's financial policies?" We were interviewed by 3x award-winning TV journalist and…
www.linkedin.com
November 25, 2024 at 11:27 PM
Will #BESSENT become a safety valve for #Trump's policies? We were interviewed by 3x award-winning TV journalist and #business morning news anchor @cybaaudi of @AsharqBusiness with @bloomberg for our thoughts on Scott Bessent for #TreasurySecretary. www.linkedin.com/posts/rbtrag...
I’ll speak about private placement life #insurance (#PPLI) and private placement variable annuity (#PPVA) at the “Second Annual #ArtBasel PPLI & PPVA Forum”, hosted by Spearhead Administrative Services!
We work with Prudential, IPL, Axcelus, and Crown to manage this.
www.linkedin.com/posts/rbtrag...
We work with Prudential, IPL, Axcelus, and Crown to manage this.
www.linkedin.com/posts/rbtrag...
Michael Ashley Schulman, CFA on LinkedIn: #ppli #ppva #insurance #miami #artbasel #taxplanning #estateplanning… | 13 comments
Thrilled to announce that I’ll be speaking about private placement life insurance (#PPLI) and private placement variable annuity (#PPVA) at the “Second Annual… | 13 comments on LinkedIn
www.linkedin.com
November 22, 2024 at 2:50 AM
I’ll speak about private placement life #insurance (#PPLI) and private placement variable annuity (#PPVA) at the “Second Annual #ArtBasel PPLI & PPVA Forum”, hosted by Spearhead Administrative Services!
We work with Prudential, IPL, Axcelus, and Crown to manage this.
www.linkedin.com/posts/rbtrag...
We work with Prudential, IPL, Axcelus, and Crown to manage this.
www.linkedin.com/posts/rbtrag...