This Ain’t War… It’s Horrific BS.
April 19, 2022
Chicago attorney, Brendan Cournane, leads off talking about his experience with contracting COVID-19, updates in Ukraine, and inflation. Joel Elconin of Benzinga shares his thoughts over a volatile stock market, and talks NBA and MLB. Kenny Polcari, Managing Principal at ButcherJoseph Asset Management, LLC and a contributor to Fox Business, calls in to discuss his opinions over how the federal reserve is (or isn’t) handling a crumbling economy. Lou Michels closes the show discussing the horrors of the Russian invasion, a history in communism, the COVID-19 response in 2019, and more.
Guests & Co-Hosts
Brendan Cournane co-hosts the Stocks & Jocks show every Monday morning. He is also a public finance attorney licensed in both Illinois and Arizona. He has practiced law for more than 35 years acting primarily as counsel to issuers of municipal debt (bond counsel, underwriters’ counsel, bank counsel and special counsel). He has served in both the private and the public sectors, having been a partner in major U.S. law firms and as in-house counsel to such entities as the City of Chicago and Chicago Public Schools, as well as General Counsel to the Illinois Finance Authority, one of the nation’s largest issuers of conduit municipal bonds.
Joel’s introduction to trading was in the Standard and Poor’s 500 Index futures pit at the Chicago Mercantile Exchange. Also, during his time at the CME, he was involved in Index Arbitrage as well as trading foreign currency futures and options. From 1994-1999 he was a proprietary trader for Olde Discount Corporation. Following his tenure at Olde Discount, he founded the Detroit office of Bright Trading, LLC. His responsibilities included trader recruitment, orientation and education as well as the day to day management of the office. He held this position office until 2003. Since 2003, Joel has been an independent trader researching and developing proprietary indicators and trading systems for the equities and futures markets. In 2007, Joel joined JC Trading Group as a Market Consultant and trading supervisor. He provides daily market commentary at www.premarketinfo.com. Joel obtained his Bachelor of Art in Political Science from the University of Michigan in 1985. Also, he is a graduate of the Chicago Mercantile Exchange Continuing Education Program. He also holds his Series 7 and 63 licenses and is a licensed real estate broker.
Kenny Polcari is a Managing Principal at Tengler Wealth Management responsible for client engagement and market commentary. Leveraging his extensive trading and equity markets background, Kenny is also a member of the ButcherJoseph Asset Management, LLC Investment Committee. Kenny works with Tengler Wealth clients directly as well as appearing in the financial media and publishing a regular market commentary newsletter.
Kenny came to Wall Street as a summer intern on the New York Stock Exchange during the summers of ’80, ’81 & ’82 and upon graduation moved from Boston, Mass. to New York City where he began his career on the trading floor. He became a member of the New York Stock Exchange in August, 1985 and prior to joining the ButcherJoseph Asset Management Team to help launch Tengler Wealth Management was a Managing Director at O’Neil Securities, Inc., representing the interests of institutional asset managers that need to access global equity markets. Earlier in his career, Kenny served as managing director at Icap Corps, LLC, and prior to that was senior vice president, member New York Stock Exchange and division manager with Salomon Brothers directing their NYSE Division during the heady bull market of the 1990’s.
His 30 plus years of experience have taken him from the birth of the greatest bull market, to the crash of ’87, the roaring ’90’s, the .com implosion, decimalization, 9/11, Regulation NMS, the merger between the NYSE / ARCA, then NYSE/Euronext, automation, HFT, and fragmentation. He is an engaging public speaker and you can find him speaking at industry & investor conferences, as well as colleges, forums and major asset manager events. He is at ease speaking about NYSE history, rules & regulation, former & current market structure including internalization, HFT and fragmentation and how those changes have forever changed the face of the U.S. capital markets and what that means to the investor. He writes a daily “Morning Thoughts” missive that is an informative, engaging and entertaining look at global markets and provides insight into the day’s action. It has gained wide popularity and has become a signature of his “boots on the ground” analytical style. He is a member of STA and NOIP and is a guest lecturer for The American College. He holds the series 7, 24, 27, 55, 63 registrations.
Lou Michels is an employment and sports law attorney with a national law firm, who is also an NFL player agent. He joins the Stocks & Jocks show every Thursday morning from Denver, Colorado. Lou represents companies and individuals in dealing with workplace problems ranging from labor union and discrimination cases to employment contracts and trade secret disputes. He played football at Air Force, and graduated from Duke Law School, where he developed an appreciation for college basketball. He is a retired Air Force lieutenant colonel. Lou grew up in Winnipeg, Canada, and Minneapolis, where his father was a professional football coach for the Minnesota Vikings for almost 30 years.