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Three on the Tree

April 13, 2021


Brendan Cournane joins Tom for the first hour. They discuss a listener question regarding a bill changing firefighter’s pensions. Kenny Polcari hops on to close out the first hour. Jeff Joseph joins us for hour two.

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Articles Referenced

https://chicago.suntimes.com/politics/2021/4/9/22376148/moodys-credit-rating-lightfoot-pritzker-pension-benefits-chicago-firefighters-birthdate?utm_campaign=chicago.suntimes&utm_content=entry&utm_medium=social&utm_source=twitter

Guests & Co-Hosts

BRENDAN COURNANE

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. Read more.

KENNY POLCARI

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.

 

JEFF JOSEPH

Jeff Joseph is the Editorial Director & Publisher at Luckbox Magazine – the control freak’s essential guide to life, money & probability. Luckbox is a monthly publication available on newsstands for $7.99 per issue. Stocks & Jocks listeners receive a FREE digital subscription at luckboxmagazine.com/jocksSign up today!