‘Shared Values’ mentioned in Munich; RAM Concerns Tech Investors | The Opening Trade 2/16/2026

Secretary of State Marco Rubio said Europe’s fate is intertwined with the US while faulting the continent for what he said was a drift away from their shared Western values.
The double-edged message offered some reassurance to allied leaders gathered at the Munich Security Conference but did little to temper their push for more independence from Washington. Plus, A growing procession of tech industry leaders including Elon Musk and Tim Cook are warning about a global crisis in the making: A shortage of memory chips is beginning to hammer profits, derail corporate plans and inflate price tags on everything from laptops and smartphones to automobiles and data centers — and the crunch is only going to get worse.

Chapters:
00:00:00 – The Opening Trade – 2/16/2026
00:00:26 – Market Check
00:01:13 – Tame US CPI
00:03:30 – Japan Economy Anemic Growth
00:04:56 – Munich Security Conference Takeaways
00:10:17 – AI Risk In Focus
00:24:54 – Week Ahead
00:26:26 – Intermediate Capital Group’s Nicholas Brooks
00:36:54 – Sec. Rubio: Both Ukraine, Russia Suffering Tremendous Damage
00:40:27 – Markets in 3 Minutes
00:43:32 – Stocks to Watch
00:47:14 – The Market Open
00:50:36 – JPMorgan Chase Bank’s Nataliia Lipikhina
01:00:25 – Early Morning Movers
01:06:44 – Rampant AI Memory Demand Fueling Chip Crisis
01:15:00 – EM Stocks and Currencies Start 2026 Strong
01:28:48 – German Defense Minister Reacts to Rubio’s Speech
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