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Our regular podcast from Lori Calvasina, Head of US Equity Strategy, that brings a fresh perspective and nuanced, data driven view on the forces shaping U.S. equity markets. Disclaimer: https://www.rbccm.com/en/policies-disclaimers.page
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Fresh Take

Florida Certified Organic Growers & Consumers, INC.

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Fresh Take is your roundup of all things related to organic and sustainable living. Join Florida Organic Growers staff and guest experts as we discuss everything you need to know about sustainable living, organic agriculture, and how to make the best lifestyle choices that benefit you and the environment. So if you’re an eco-warrior, a dedicated farmer, or just someone looking to make more conscious decisions, tune in to get your Fresh Take.
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Welcome to Funeral Potatoes and Wool Mittens, a show for people who embrace the warm and cozy spirit of everyday living in the Midwest. Whether you cook, bake, or have food delivery on speed dial, everyone has a comforting recipe or story to share. We bake cookies for our kids’ hockey teams and bring cheesy hash browns to funerals. Lefse and krumkake are in our DNA. Candy bars and apples make a salad. We'll ditch work for a lake day, drive an hour for an old-fashioned bakery, and don wool mi ...
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"My Time is Real" - First comes Family, then comes business! Founder & photographer of JOSEPH & SIW Photography. Started Joseph Pessar Consulting. Managing director at Mitt Bryllup AS. I embraces the big idea, loud music, and dreams that are about the path not just the end game! Oh, and love coffee with a touch milk, fresh baked bread & RESPECTFULLY, challenging the authority.
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Hello! I’m Brenda Sullivan and this is Living and Lovin Herbs Podcast where I discuss different ways you can use herbs I’ll introduce topics related to herbs and share ways you can incorporate them into your daily life. Whether it’s using it's for health purposes, culinary purposes, growing it in your garden, using it in bath and body products, or creating a chemical-free home. I’ll share with your traditions and history related to herbs, because who doesn’t love a good story. I’ll recommend ...
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So we switching it up. We're going to be discussing kpop but we're mainly going to talk about what's really going on in the world right now. Yeah it's going to get serious but we're still going to have a good time. Stay tuned...
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Today’s story is a reminder that not all kids have the luxury of celebrating their birthday with a fun cake, but it’s also a reminder that just one small act of kindness, and a little frosting and sprinkles, can light up a child’s special day, showing them that people care about them and they are not forgotten. Meet ⁠For Goodness Cakes Twin Cities⁠…
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We welcome back Dr. Keith Schneider for a discussion on post-harvest water use. Dr. Schneider shares strategies to keep produce safe. Tune in to hear about: - Why harvest and postharvest water quality is important - How cross-contamination can occur - Which mitigation strategies are effective - The use of sanitizers and their role in growing safe p…
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Two big things you need to know: First, a few things (besides renewed optimism over a 50 bps cut) went right for Small Caps last week. Second, we highlight our current, top-down US equity market read throughs from the domestic policy platforms of the Harris and Trump campaigns. The longer-term signal their platforms are sending is more interesting …
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Join us as we talk with Jessica Riles, UF/IFAS Agriculture and Sustainable Food Systems agent in Collier County, and chair of the Southwest Florida Small Farmer Network. Jessica shares her transition from local government to supporting small farmers, discussing the importance of community support, relationship-building, and how the Southwest Florid…
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Welcome to RBC’s Markets in Motion podcast, recorded September 9th, 2024. I’m Lori Calvasina, Head of US Equity Strategy at RBC Capital Markets. Please listen to the end of this podcast for important disclaimers. Three big things you need to know: First, Friday’s jobs report added to investors’ uncertainty regarding the labor market, but the data p…
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Two big things you need to know: First, as we return from the Labor Day holiday weekend in the US, we find that major challenges for US equities are still lurking. We remain confident in our 5,700 YE 2024 S&P 500 price target, but acknowledge the challenges that must be worked through. Second, other updates from our high frequency indicators keep u…
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This is a classic story of two Midwesterners becoming friends over a grandma's handed-down rhubarb muffin recipe. Growing up in New Richmond, Wisconsin, Shannon's grandmothers, aunts and mom were great Midwestern cooks. Even so, she didn't watch or pay attention to how they worked their culinary magic in the kitchen or with recipes. Her job was to …
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The big things you need to know: First, 2Q24 earnings season is ending up solid. With most reports in, we highlight a few of the most interesting charts in our deck on earnings right now. Second, other updates on our high frequency indicators were generally positive for US equities and mixed for the rotation trade. We end the summer of 2024 with in…
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Can you trust what’s on your plate? In this episode of Fresh Take, we explore the critical role of maintaining integrity in USDA-certified organic products. We're joined by Orsi Dézsi, Executive Director and CEO of OMRI, who shares insights on how OMRI ensures organic inputs meet stringent standards and fortifies consumer trust in the organic label…
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Join us for an inspiring conversation with Catt Fields White, founder of Farmers Market Pros and co-host of the Tent Talk podcast, as we celebrate the 25th anniversary of National Farmers Market Week. Discover Catt’s journey from establishing the thriving Little Italy Mercato in San Diego to her ongoing efforts to support new markets. We explore th…
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Three big things you need to know: First, earnings season has been fine so far, and what we’ve read has kept us in the “tired goldilocks” camp. Second, we run through the latest updates for the indicators we’re monitoring in the rotation trade. We are mindful of headfakes, but think the trade may still have some room to run in the short term. We al…
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He had a self-checkout long before Walmart and Target and he still updates his telephone hotline with garden patch conditions and produce availability. Just call 605-693-4871. Meet Sanderson Gardens owner Jan Sanderson, the Rhubarb King and developer of the Sanderson Red rhubarb variety. A visit to Sanderson Gardens on the I-29 corridor just four m…
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Four big things you need to know: First, investor sentiment has gotten as extreme as it did last August and this past March. Second, earnings season is off to a solid start, but we are still looking for some additional evidence in support of the idea that we’re seeing a durable leadership shift rather than a short-term rotation trade. Third, we’ve …
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Can agriculture heal the invisible wounds of war? Join us as we talk with John Jackson, an Army Ranger with six tours in Iraq and Afghanistan, about his journey from enlistment after 9/11 to finding peace through farming. At Comfort Farms in Milledgeville, Georgia, John helps veterans cope with post-traumatic stress using farming as therapy. Discov…
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Two big things you need to know: First, we see 2Q24 reporting season as a key test for the rotation trade that attempted to start up again last week. Second, we remain worried about a pullback in the S&P 500 given the latest developments on our sentiment and positioning work, but timing seems a bit more complicated due to last week’s CPI print and …
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Are you aware of the hidden dangers lurking in your fruits and vegetables? Join us on Fresh Take for an eye-opening discussion with Juan Carlos Rodriguez, an Education and Outreach Specialist at Florida Organic Growers. We promise you’ll gain critical insights into the "Dirty Dozen," a list of produce most contaminated with pesticides, and understa…
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Three big things you need to know: First, we are lifting our YE 2024 S&P 500 price target to 5,700 from 5,300, which we would characterize as a nervous raise. Second, we think the risks of a short-term pullback in the S&P 500 are growing, similar to what occurred in April. Third, on positioning, we think it will be tough for the US equity market to…
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Three big things you need to know: First, the Duke CFO survey highlights how C-Suite confidence has remained steady, with monetary policy and automation in focus. Second, our new valuation stress test suggests the S&P 500 has been baking in optimistic views on inflation, interest rates, and the Fed. Third, recent funds flow trends point to a linger…
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Discover how your daily cup of coffee can transform lives and support the planet! In this podcast, we sit down with Tripp Pomeroy, co-owner and CEO of Sweetwater Organic Coffee. Tripp shares his journey from working with Latin American landscapers to championing fair trade practices in the coffee industry. Learn how Sweetwater's ethical approach be…
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RBC’s Markets in Motion is the weekly podcast from Lori Calvasina, Head of US Equity Strategy at RBC Capital Markets, highlighting her latest views on the US equity market. This week, we are excited to have Chris Louney, Commodity Strategist on RBC’s Global Commodity Strategy and MENA Research team, guest hosting this week’s episode while Lori is o…
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Three big things you need to know: First, the continued outperformance of mega cap Growth stocks has been logical, but still somewhat jarring to us. Second, Small Caps broke to clear new lows relative to Large Caps last week as risks piled up including a Fed that seems inclined to cut just once this year. We’d stay on the sidelines with Small Caps …
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In this episode we chat with Hannah Wooten, a UF IFAS extension agent from Orange County, Florida, about how urban development and sustainable agriculture intersect in local food systems. Hannah's journey from Valencia Community College to her work in horticulture and ethnobotany shows us the deep connection between plants and people. We learn abou…
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Special Edition: This is a special edition of RBC’s Markets in Motion podcast, recorded on June 4th, 2024, from the RBC Capital Markets 2024 Global Energy, Power & Infrastructure Conference (EPIC). Lori is joined by two of her road warrior colleagues, Ben Fisher (Midwest Equity Sales, specializes in macro) and Amy Wu Silverman (RBC’s Equity Derivat…
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Two big things you need to know: First, we highlight how and why old leadership in the US equity market has returned with a vengeance and run through our latest thoughts on what might get the rotation trade going again. Second, several of the gauges of investor sentiment and equity market risk that we track are keeping us neutral on stocks through …
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What began with a tent purchased from an anonymous $200 donation and Dawnna Berndt’s idea to grow a garden to bring in more income, turned into a family-based vegetable farm market business (Berndt Family Produce) that’s been serving their community of customers in eastern South Dakota and western Minnesota for 24 years. At the time, she and her hu…
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The big things you need to know: First, Small Caps are retesting their relative low vs. Large Caps once again, as Fed rate cut optimism has faded once again. We remain neutral Small vs. Large for now. Second, investor sentiment has almost returned to the highs in place to start the year (as well as the summer of 2023) on the AAII survey, reinforcin…
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Can food recovery revolutionize our approach to food waste and sustainability? Find out as we sit down with Emily Grant, Director of Florida Operations for foodrecovery.org, who shares her incredible journey from urban planning to leading food recovery efforts. Emily’s story is rooted in community engagement, from her hands-on work in a Sarasota co…
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The big things you need to know: Three big things you need to know: First, Tech has bounced back on performance and earnings revisions but valuations remain a problem. Second, valuations more broadly have started to look less appealing. Third, other updates in our high frequency indicators highlight how pendulums have swung on a few different front…
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The big things you need to know: First, reporting season has ended up looking just fine on the stats, with one twist at the end. Second, we update our rundown of key themes on earnings calls. Third, net bulls on the AAII survey bounced back last week as 10-year yields decoupled from their 2023 spike, hopes for Fed cuts returned, and flows to US equ…
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Unlock the potential of organic farming in the Southeast with guidance from experts Amanda Rose Newton and Emily Deruelle of Florida Organic Growers. Our enlightening conversation peels back the layers of the Southeast Transition to Organic Partnership Program (SE-TOPP), and you'll gain invaluable insights into developing successful organic practic…
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Roots go deep in today’s show. Come with me to meet fifth-generation farmers, Taylor and Cassandra Sumption, the founders of Anthem Oats. The couple grows and packages premium, gluten-free oats for retail on nearly 400 acres near Frederick, South Dakota, 27 miles north of Aberdeen on US Highway 281, just seven miles south of the North Dakota border…
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The big things you need to know: Three big things you need to know: First, after a weak start to 1Q24 reporting season, it has settled into a groove on the stats. Second, we review our thoughts on key themes on company earnings calls so far. Third, we highlight what’s jumping out on our high frequency indicators. This includes our main sentiment in…
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It’s almost summer, which means pool and lake parties, family reunions and picnics, camping, and smoking out the neighborhood with your backyard grilling. It’s also time to dig out your library card, visit your local indie bookstore, and pack your beach bag with books on your “want to read” list. Today I’m bringing back my friend and book goals her…
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In this episode of Fresh Take, we welcome special guests Hank and Jessica from Allison Acres to discuss their journey into organic blueberry farming. Hank, a retired FBI agent, shares his inspiration for transitioning to farming, influenced by his background in law enforcement. Jessica, with a background in Environmental Science, talks about her st…
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Living a life of curiosity and creativity means you will, at times, gracefully let go of things that no longer fuel your passion or serve you positively. This week's podcast guest, Bobbi Lynn Gaukel, and I agree—the earlier in life you learn this practice, the more open and freer you are to being curious and trying new things. Throughout her life, …
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The big things you need to know: First, we’ve just completed our quarterly survey of RBC’s equity analysts around the globe and found that optimism on performance persists for most sectors and coverage regions, despite the challenges associated with higher interest rates. Second, with a fresh set of survey results in hand we are making three change…
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The big things you need to know: First, investor sentiment has taken a bit of a hit, but it’s too early to say the pullback is over. Second, while we continue to expect the pullback to bottom out in the 5-10% range vs. recent highs, we’ve taken a look at S&P 500 performance around recent wars to gauge potential downside risks if we are wrong in tha…
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Have you thought about who you’ll pass down your handwritten recipes to? If you’re like Wendy Doornink and me, you have a mix of handwritten recipe cards from family, friends, neighbors, co-workers, and of course, yourself. This episode might make you think about who the next person might be to keep those cherished recipes in your family. In our vi…
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The big things you need to know: First, geopolitical concerns are spiking at a time when stocks already seemed due for a pullback. Second, the rotation trade has just gotten a lot more complicated. Third, companies have been keeping expectations low on earnings. Fourth, our valuation modeling suggests some modest downside risk to the stock market i…
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Imagine your palate embarking on a voyage where every flavor tells a story of community, sustainability, and creativity. That's exactly the kind of sensory adventure you're in for as Jeffrey Schlissel, the cuisine virtuoso and barbecue 'Kingpin,' joins us at the table. With nicknames like 'Bacon Cartel,' you know this conversation is going to sizzl…
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In this episode, you and I are going to meet Betty’s Antiques owner, Liz Murphy from St. Paul, Minnesota. She’s walking us through her charming vintage boutique on the historic corner of Selby and Snelling Avenues, plus she shares the sweet way her grandma Betty influenced how she dresses up a table, in a non-fussy sort of way, so that we can make …
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Welcome to the 50th episode! We’re heading to Iowa today to speak with Iowa Egg Council’s Board Chairman Bruce Dooyema, and Director of Marketing and Communications Melissa Alto-Kintigh about one powerhouse food—eggs. IOWA IS THE #1 STATE IN EGG PRODUCTION First, we cover the basics, like how many eggs a chicken lays in a day, what determines the c…
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Three big things you need to know today: First, we lift our YE 2024 S&P 500 price target to 5,300 (from 5,150). The most constructive model in our tool kit indicates upside to ~5,400, which represents our bull case if our base case is too conservative. Second, we continue to see some conflicting cross currents for stocks. Among the five models that…
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Two big things you need to know today: First, our work on the R2000 relative to the S&P 600 (sparked by Small Cap PM concerns about low quality) adds to our belief that the US came close to recession in 2022. Second, CFTC buyside positioning in US equity futures rebounded last week ahead of the Fed, highlighting increased risk of a melt-up in the b…
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Batter up! You don’t have to be from the Midwest to feel like a part of the community we’re talking about today—that’s because our beloved Friday night fish fry welcomes people from around the world to sit across the table with each other at parish schools and fellowship halls, to supper clubs, taverns, and community centers to enjoy golden-fried o…
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Three big things you need to know: First, Energy has been a top S&P 500 sector since January. We like its attractive valuations, improving funds flows, and role as an inflation hedge in our overweights. Second, Large Caps are starting to look a little better than Small Caps on a few of the earnings-related metrics that we track, suggesting to us th…
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Embark on a culinary journey with Hari Pulapaka, the force behind the Global Cooking School. Discover the importance of food transparency and traceability, where every bite tells a story. As a mathematician-turned-chef, Hari's passion for ingredients with a clear backstory has fostered collaborations between chefs and farmers, aiming for an honest …
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Three big things you need to know: First, one of our key sentiment indicators has started to retreat after hitting extreme levels, which has coincided with a stealth rotation in leadership. Second, we’re starting to see a more broad-based improvement in US GDP expectations, which we see as supportive of continued rotation in stock market leadership…
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