Wintrust Business Lunch 9/12/25: Market correction, Fed rate cuts, small business survey, Merz Apothecary

Wintrust Business Lunch

Segment 1: Paul Nolte, Senior Wealth Advisor and Market Strategist, Murphy & Sylvest, joins John to talk about the latest employment and inflation data, what the data means for Fed policy, how much the Fed will cut rates, consumer sentiment falling, and what he’s telling his clients right now.

Segment 2: Mike Spriggs, Head of Consumer Insights at Fiserv, joins John Williams to share details from August’s Fiserv Small Business Index.

Segment 3: Anthony Qaiyum, President, Merz Apothecary, joins John to talk about the family-owned business that is celebrating their 150th anniversary this year! Anthony talks about their business, how they are an atypical pharmacy, what they consider to be their strength, how many people they employee, and why they continue to be a staple in the Lincoln Square neighborhood.

https://serve.castfire.com/audio/7708311/9-12-25_Economic_data_Fed_policy_Fiserv_small_business_survey_Merz_Apothecary_celebrates_150_years_2025-09-12-181011.128.mp3

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