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Every Monday, Susan Dziubinski sits down with Morningstar chief US market strategist Dave Sekera to discuss one thing that’s on his radar this week, one new piece of Morningstar research, and a few stock picks or pans for the week ahead.

PublishesTwice weeklyEpisodes75Foundeda year ago
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Business NewsInvestingNewsBusiness

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Artwork for The Morning Filter

Latest Episodes

In this new episode of The Morning Filter podcast, co-host Susan Dziubinski previews this week’s PCE numbers and explains why to watch the upcoming earnings reports from Micron Technology, FedEx FDX and Carnival CCL. She sits down with Morningstar se... more

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In this new episode of The Morning Filter podcast, co-hosts Dave Sekera and Susan Dziubinski discuss core stocks. These are the types of stocks that should form the foundation that an equity investor can build upon. They unpack the qualities that cor... more

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In this new episode of The Morning Filter podcast, co-hosts Dave Sekera and Susan Dziubinski preview the SpaceX IPO with Morningstar analyst Nic Owens. They discuss the company’s economic moat rating, forecasts for revenue and margins, and why SpaceX... more

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In this new episode of The Morning Filter podcast, co-hosts Dave Sekera and Susan Dziubinski cover what’s going on with oil prices, interest rates, and bonds today. They recap the stock market’s winners and losers from May and update the barbell stoc... more

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Recent Guests

Nic Owens
Morningstar Analyst covering SpaceX analysis
Morningstar
Episode: 5 Stocks to Buy Before the Next Market Rotation
Dan Romanoff
Senior Equity Analyst on the technology team
Morningstar
Episode: Why Microsoft Stock Is Worth $600
Preston Caldwell
Morningstar chief economist
Morningstar
Episode: Q2 Market Outlook: Why a Stock Barbell Strategy Is Ideal for Today’s Market
Eric Compton
Director of Equity Research for the Technology Sector, Morningstar
Morningstar
Episode: Investing Insights: These Top Tech Stocks Can Stand Up to AI Risks
Ahmed Khan
Morningstar's Senior Equity Analyst and Technology Team member who covers the cybersecurity industry
Morningstar
Episode: 3 Cybersecurity Stocks to Invest In as AI Reshapes Industries
Gregg Warren
Senior analyst covering Berkshire Hathaway
Morningstar
Episode: Berkshire Hathaway After Warren Buffett: An Early Read on What Investors Can Expect
Dave Sekera
Morningstar Chief US Market Strategist
Morningstar
Episode: 5 Stocks to Buy Before They’re Not Undervalued Any More
Michael Field
Chief Europe Market Strategist at Morningstar
Morningstar
Episode: 3 International Stocks to Buy for 2026
Sarah Hansen
Senior reporter with Morningstar and an occasional host of Investing Insights
Morningstar
Episode: 3 Durable Stocks to Buy Now for the Long Term

Hosts

Susan Dziubinski
Host of The Morning Filter, Morningstar
Dave Sekera
Morningstar Chief US Market Strategist and host

Reviews

4.8 out of 5 stars from 73 ratings
  • I love this program

    I love listening to this program every Monday! It’s very insightful and informative. You all do fantastic work

    Apple Podcasts
    5
    Gmoussallie
    United States2 months ago
  • 5 Stocks to sell makes no sense

    If you address 5 to sell only a very small proportion of your audience might relate - However stocks to buy are interesting to all, even people already holding them

    Apple Podcasts
    1
    Info I can use
    Canada3 months ago
  • Very helpful show

    I find this show very helpful at looking at other stocks and to see what the market is doing.

    Apple Podcasts
    5
    Fun time to listen
    United States3 months ago
  • Good information and delightful to watch.

    I learn from Susan and Dave each week. How they discuss investing with educational and historical infills has been a trustworthy exposure and guide to how use the morning star website as a resource. Delightful to watch they have years of experience with the subject and also point out the uncertainties. They clearly enjoy working together which makes for a fun and worthwhile viewing experience. An additional great way to learn about investing among others from these two great presenters each we... more

    Apple Podcasts
    5
    Great marsh
    United States7 months ago
  • Host Adds No Value

    I don’t get the role of the host that pretty much a high school student can do her job. She adds no value to the discussions except reading from a set of generic questions.

    Apple Podcasts
    3
    Rayxzs
    United States8 months ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

Shows practical, research-driven investing insights.
Hosts value education and transparency about uncertainties in markets.
Content is actionable and well-supported by Morningstar research.
Guest diversity can vary, but expertise is consistently strong.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Apple Podcasts
#118
United States/Business/Investing
Apple Podcasts
#51
Canada/Business/Investing
Apple Podcasts
#89
United Kingdom/Business/Investing
Apple Podcasts
#144
Canada/Business
Apple Podcasts
#187
United Kingdom/Business
Apple Podcasts
#190
France/Business/Investing

Talking Points

Recent interactions between the hosts and their guests.

5 Stocks to Buy Before the Next Market Rotation
Q: What differentiates your base case from the IPO price potential?
Base case aggregates the three business lines with different economics into a single valuation, while the IPO price reflects market expectations; the analysis emphasizes margin of safety and the possibility of a higher or lower intrinsic value depending on AI in space outcomes.
5 Stocks to Buy Before the Next Market Rotation
Q: What do you think the intrinsic value of the company is today?
The base case values SpaceX's rockets and Starlink at substantial enterprise value, but the AI-in-space component remains uncertain; Morningstar's approach uses three scenarios with probability-weighted outcomes, yielding a current intrinsic value that is sensitive to the probability of successful data centers in space.
Why Microsoft Stock Is Worth $600
Q: What keeps you up at night? What would be the biggest risks to your current base case?
The biggest risks are AI's potential to erode software margins and the capital expenditure growth outpacing revenue growth, creating a depreciation burden. However, management has tools to mitigate this through efficiency gains and strategic depreciation strategies, keeping the long-term outlook intact.
Why Microsoft Stock Is Worth $600
Q: What is Microsoft's strategy and how they're approaching AI today, how they're setting up their businesses to be able to make sure that they are, or continue to be leaders in that business?
Microsoft is pushing AI across the entire software portfolio, embedding AI features in Office, Windows, Dynamics, and building a broad Azure AI services platform with its own MAI models. This multi-pronged approach leverages Azure for AI inference and model hosting while expanding AI capabilities across products to maintain leadership in the AI-enabled software space.
Why Microsoft Stock Is Worth $600
Q: Could you maybe just describe a little bit more about what Azure does and maybe some of your thoughts on the growth prospects there?
Azure is the public cloud foundational layer for Microsoft, part of a three-hyperscaler oligopoly. It provides compute, storage, and related services, enabling businesses to move workloads to the cloud more easily than on-premises, which supports strong growth for Azure and overall software demand.

Audience Metrics

Listeners, social reach, demographics and more for this podcast.

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Frequently Asked Questions About The Morning Filter

What is The Morning Filter about and what kind of topics does it cover?

The show centers on concise, insightful weekly takes on markets, research, and actionable stock ideas. It often blends macro context with stock-level analysis, emphasizing a barbell approach of high-quality value and AI/tech growth, plus tailored commentary on recent earnings and sector shifts. Noteworthy is the consistent pairing of a chief market strategist with a lead Morningstar host, delivering accessible, research-backed projections and stock ideas for the week ahead. The format tends to include macro framing, select stock picks or pans, and occasional deeper dives through Morningstar methodology, making it useful for investors and professionals seeking timely, research-grounded guidance without hype.

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How many listeners does The Morning Filter get?

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Which podcasts are similar to The Morning Filter?

These podcasts share a similar audience with The Morning Filter:

1. Investing Insights
2. The Long View
3. Barron's Live
4. Zacks Market Edge
5. Investing Experts

How many episodes of The Morning Filter are there?

The Morning Filter launched a year ago and published 75 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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Rephonic pulls ratings and reviews for The Morning Filter from multiple sources, including Spotify, Apple Podcasts, Castbox, and Podcast Addict.

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What guests have appeared on The Morning Filter?

Recent guests on The Morning Filter include:

1. Nic Owens
2. Dan Romanoff
3. Preston Caldwell
4. Eric Compton
5. Ahmed Khan
6. Gregg Warren
7. Dave Sekera
8. Michael Field

To view more recent guests and their details, simply upgrade your Rephonic account. You'll also get access to a typical guest profile to help you decide if the show is worth pitching.

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