Inside the ICE House

Eric Fine, Portfolio Manager, Emerging Market Debt at VanEck, joins Bilal Little to discuss how emerging markets are redefining opportunity within global fixed income. He explains how stronger fiscal discipline, independent central banks, and attractive yields are positioning EM bonds as resilient and rewarding investments. Fine shares how his international background and policy experience shape his approach to analyzing countries through markets.

Please note that VanEck may offer investments products that invest in the asset class(es) or industries included in this video.

This is not an offer to buy or sell, or a recommendation to buy or sell any of the securities, financial instruments or digital assets mentioned herein. The information presented does not involve the rendering of personalized investment, financial, legal, tax advice, or any call to action. Certain statements contained herein may constitute projections, forecasts and other forward-looking statements, which do not reflect actual results, are for illustrative purposes only, are valid as of the date of this communication, and are subject to change without notice. Actual future performance of any assets or industries mentioned are unknown. Information provided by third party sources are believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. VanEck does not guarantee the accuracy of third party data. The information herein represents the opinion of the author(s), but not necessarily those of VanEck or its other employees.

There are inherent risks with fixed income investing. These risks may include interest rate, call, credit, market, inflation, government policy, liquidity, or junk bond. When interest rates rise, bond prices fall. This risk is heightened with investments in longer duration fixed-income securities and during periods when prevailing interest rates are low or negative.

Investments in emerging markets bonds may be substantially more volatile, and substantially less liquid, than the bonds of governments, government agencies, and government-owned corporations located in more developed foreign markets. Emerging markets bonds can have greater custodial and operational risks, and less developed legal and accounting systems than developed markets.

Gold investments are subject to the risks associated with concentrating its assets in the gold industry, which can be significantly affected by international economic, monetary and political developments. Investments in gold may decline in value due to developments specific to the gold industry. Foreign gold security investments involve risks related to adverse political and economic developments unique to a country or a region, currency fluctuations or controls, and the possibility of arbitrary action by foreign governments, or political, economic or social instability. Gold investments are subject to risks associated with investments in U.S. and non-U.S. issuers, commodities and commodity-linked derivatives, commodities and commodity-linked derivatives tax, gold-mining industry, derivatives, emerging market securities, foreign currency transactions, foreign securities, other investment companies, management, market, non-diversification, operational, regulatory, small- and medium-capitalization companies and subsidiary risks.

All investing is subject to risk, including the possible loss of the money you invest. As with any investment strategy, there is no guarantee that investment objectives will be met and investors may lose money. Diversification does not ensure a profit or protect against a loss in a declining market. Past performance is no guarantee of future performance.

No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission of Van Eck Associates Corporation.

Phil Rosen of Opening Bell Daily joins Inside the ICE House to unpack the forces driving the U.S. labor market slowdown. He explains how Fed rate hikes, the post-pandemic hiring reversal, and AI adoption are reshaping employment trends. While AI often gets the blame, Phil notes it’s just one piece of a larger economic shift. He also shares why today’s AI boom differs from the dot-com era and how younger investors continue to see market pullbacks as buying opportunities.

Eric Criscuolo, Market Strategist at the NYSE, recaps a week where markets pulled back as Tech lost steam and defensive sectors gained ground. The Fed cut rates as expected, but Chair Powell’s hawkish tone cooled hopes for further easing. Political headlines added uncertainty, with Democrats outperforming on Election Day and the Supreme Court questioning Trump-era tariffs. M&A activity surged, led by Kimberly Clark’s $50B bid for Kenvue and a pharma bidding war between Pfizer and Novo Nordisk. Investors now look ahead to key earnings, economic data, and the impact of the government shutdown as the year-end trading calendar tightens.

Bausch + Lomb is redefining eye health through innovation, culture, and patient-centered care. Chairman and CEO Brent Saunders joins Inside the ICE House to share how his return is fueling a transformation focused on talent, agility, and breakthrough science. He discusses how the company’s renewed culture of grit and ownership, combined with an innovative R&D pipeline, is accelerating innovation and raising the standard of care for patients worldwide.

In October, Inside the ICE House aired eight new episodes, six traditional
episodes, Markets in focus with Opening Bell Daily’s Phil Rosen and Inside the ICE House breakfast on the balcony with Fetch CEO Wes Schroll.

Episode 488: KKR’s Pete Stavros on Ownership, Opportunity, and the Future of Work

Episode 489: Charlotte Hornets’ Shelly Cayette-Weston on Business, Buzz, & Building with Judi Health

October Markets in Focus: Shutdowns, AI Optimism, and Bitcoin’s ‘Uptober’ Rally

On the Balcony: Building, Rewarding, and Redefining Loyalty with Fetch CEO Wes Schroll

Episode 490: Workiva’s Mike Rost & Mandi McReynolds on Data, Decisions, & Driving Growth Through Synergy

Episode 491: Author Jon Levy on “Team Intelligence” and the Power of Trust, Collaboration and Group Potential

Episode 492: ATM Media CEO Robert Wheeler on Brand Building and Turning Moments into Content

Episode 493: Snowflake’s Christian Kleinerman on innovation, Evolution and the Art of Collaboration

Marketing is undergoing a seismic shift as technology, consumer behavior, and leadership styles evolve. Michael Kassan, a trailblazer at the intersection of media, marketing, and innovation, has helped shape that transformation. He joins Inside the ICE House to share how modern leaders must adapt their thinking to stay ahead, build resilient brands, and navigate the complexities of a rapidly changing landscape. Kassan reflects on his journey, the future of marketing in an AI-driven world, and the leadership principles that continue to guide him through disruption and opportunity.

Michael Reinking, Senior Market Strategist at the NYSE, recaps a week where markets hit record highs amid shifting dynamics. A softer CPI print confirmed a Fed rate cut, while tech led gains on surging AI optimism and Nvidia crossing $5T in market cap. Earnings remained strong, driven by massive AI infrastructure investments from hyperscalers. Trade talks delivered a limited U.S.-China truce, easing some uncertainty but leaving tariff challenges ahead. The week ended with mixed reactions to the Fed’s cautious tone as investors look toward more earnings and key economic data next week.

Chemours is reshaping leadership in the chemical industry through innovation, sustainability, and responsible growth. CFO Shane Hostetter joins Inside the ICE House to discuss how the company’s Pathway to Thrive strategy is driving operational excellence and long-term value. He shares how Chemours is investing in next-gen technologies—from liquid cooling for AI data centers to advanced EV battery materials—while upholding fiscal discipline and environmental stewardship.

Bryan Staff, Co-Founder and Managing Partner of Merchant Investment Management, joins Bilal Little to discuss how the firm is empowering advisors through independence, innovation, and scale. He explains how Merchant’s model enables wealth managers to create and manage their own ETFs, blending institutional capabilities with entrepreneurial flexibility. Staff highlights how technology, customization, and education are driving advisor adoption and transforming client engagement. He also shares how Merchant is bridging the gap between asset management and advisory services to deliver more personalized investment solutions.

Snowflake is transforming how enterprises harness the power of data and AI through innovation, security, and collaboration. Christian Kleinerman, Executive Vice President of Product, joins Inside the ICE House to share how the company’s launch of Cortex AI for Financial Services is unlocking new levels of efficiency and insight for customers. He discusses how Snowflake’s open ecosystem, trusted governance, and deep partnerships with leaders like Microsoft, Anthropic, and OpenAI are shaping the future of the AI Data Cloud and redefining what’s possible for businesses worldwide