Behind the Markets Podcast


Behind the Markets Podcast: Michael McClary

Ep. 266

Show from 10/29/21


Wharton Finance Professor Jeremy Siegel starts the show with his weekly market update. He discusses the 1.3% increase in the Employment Cost Index, inflation, labor costs, fed pricing and more. Then Host Jeremy Schwartz brings on an ETF expert from Valmark Advisers, Inc. They get into common mistakes made when building portfolios such as active management and decisions based on one variable. Plus a look at Valmark Advisers, LLC’s new index focused on equities.



Michael McClary – Chief Investment Officer at ValMark Advisers, Inc

For more on ValMark Advisors visit their website:

Follow ValMark on Twitter: @ValmarkFG


Put option: an option to sell assets at an agreed price on or before a particular date.

Call options: Financial contracts that give the option buyer the right, but not the obligation, to buy a stock, bond, commodity or other asset or instrument at a specified price within a specific time period.

Long/short: An investing strategy that takes long positions in stocks that are expected to appreciate and short positions in stocks that are expected to decline.

In the money: An in-the-money call option is an option with a strike price below the current market price.

Out of the money: An out-of-the-money call option is an option with a strike price above the current market price.

Strike Price: The set price at which a derivative contract can be bought or sold when it is exercised.

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