Pavlos Panagopoulos of Cetera Wealth Services LLC Stock Market Report for October 13th, 2026

It's now time for our stock and business update today, sponsored by Saterra Wealth Services.

And with us from Saterra is our buddy, Pavlos Pentagopoulos.

And Pavlos, as you mentioned last week, it doesn't seem Washington and the Fed can stop a rise in rates right now.

We're expected to get another one before the end of the year.

So then what happens next?

Well, Bob, we've seen this morning oil kind of easing a bit.

That's kind of good news.

Interest rates down a bit.

Right now, the West Texas Intermediate is at 92, but we're back over $90 a barrel today.

Bob, the point is Democrats and Republicans can't help themselves to spend money, and, of course, the Fed can't help but monetize our $41 trillion of debt.

Again, the election is right around the corner.

Three more weeks, they'll be on TV blaming each other for affordability.

But, Bob, we know who's to blame, right?

Yeah, really, when it comes down to it ourselves, right?

You got it, Bob.

I mean, nobody wants to look at the mirror, right? It's easy to forget that one person's subsidy, one person's deduction, one person's...

Grant is another person's government waste.

We all talk about getting something for nothing.

We're now paying the piper.

We talk about kicking the can down the road, that road in 40 years.

We're coming to the end of that road, and again, politicians just keep talking.

Again, they'll try to kick the can against the curb, and now I guess maybe we have to face the music, right?

Well, and I know President Trump over the weekend announcing a possible deal, a proposal with Russia to release diesel fuel to try to bring those prices down.

But, I mean, if the deal goes through, would that even really help?

Yeah, it'd be a small drop in the bucket, but psychologically it may help us in the short run.

It's now time for our stock and business update today, sponsored by Saterra Wealth Services.

And with us from Saterra is our buddy, Pavlos Pentagopoulos.

And Pavlos, as you mentioned last week, it doesn't seem Washington and the Fed can stop a rise in rates right now.

We're expected to get another one before the end of the year.

So then what happens next?

Well, Bob, we've seen this morning oil kind of easing a bit.

That's kind of good news.

Interest rates down a bit.

Right now, the West Texas Intermediate is at 92, but we're back over $90 a barrel today.

Bob, the point is Democrats and Republicans can't help themselves to spend money, and, of course, the Fed can't help but monetize our $41 trillion of debt.

Again, the election is right around the corner.

Three more weeks, they'll be on TV blaming each other for affordability.

But, Bob, we know who's to blame, right?

Yeah, really, when it comes down to it ourselves, right?

You got it, Bob.

I mean, nobody wants to look at the mirror, right? It's easy to forget that one person's subsidy, one person's deduction, one person's...

Grant is another person's government waste.

We all talk about getting something for nothing.

We're now paying the piper.

We talk about kicking the can down the road, that road in 40 years.

We're coming to the end of that road, and again, politicians just keep talking.

Again, they'll try to kick the can against the curb, and now I guess maybe we have to face the music, right?

Well, and I know President Trump over the weekend announcing a possible deal, a proposal with Russia to release diesel fuel to try to bring those prices down.

But, I mean, if the deal goes through, would that even really help?

Yeah, it'd be a small drop in the bucket, but psychologically it may help us in the short run.