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Worldwide Exchange delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversation with key leaders, analysis of business and investor trends, and impact across international markets.
The Recession Rule Of 10; Is China Investable Again?; Top Corporate Spenders on Private Jets for Their CEOs JUNE 29, 2022
Don Rismiller of Strategas details how when the cost of gas and interest rates are both rising, the economy slows down. Plus, Sarah Lien of Eastspring Investments says China is a great investment destination again. And, Brian Sullivan reveals which companies have been spending the most on private jets for their top executives’ personal use.
45:0529/06/2022
This is Why Stock Futures Are Pointing to a Tuesday Turnaround JUNE 28, 2022
Shares of Robinhood spiked into the close yesterday on a report that crypto exchange FTX was exploring how to possibly buy the brokerage app. Tracy Wang of CoinDesk joins us to discuss the state of the crypto market. Plus, Nike posted better than expected sales and profit for Q4 yesterday, thanks to demand for sneakers and sportswear. Aneesha Sherman of Bernstein dives into the results. And, stock futures are pointing to a Tuesday turnaround, with stocks still tracking for their worst start to a year since 1970. Cate Faddis of Grace Capital and Jon Najarian of MarketRebellion.com give their investing strategies.
45:2528/06/2022
This is What to Expect from the G-7 Leaders’ Summit in Germany JUNE 27, 2022
The ongoing troubles surrounding air travel in the U.S. will potentially worsen during the 4th of July holiday weekend, with TSA screening nearly 2.5 million passengers this past Friday – the highest since just before the pandemic. Helane Becker of Cowen gives her thoughts on solutions to issues like staffing, delays, and cancellations for the summer. Plus, G-7 leaders are preparing a ban on imports of Russian gold as the G-7 Leaders’ Summit continues its second day today. Fred Kempe of Atlantic Council tells us what to expect. And, oil prices are holding steady today as investors brace for any moves against Russian oil and gas exports. Bart Melek of TD Securities discusses a possible price cap on crude exports.
45:1627/06/2022
Here Are Your Stock Picks to Close Out the Week. JUNE 24, 2022
Russian oil production is nearly back to pre-war and pre-sanction levels, according to Vortexa. So what does this mean for the U.S. energy supply? Energy strategist Clay Seigle weighs in. Plus, stocks are looking to add to Thursday’s gains on the back of Jay Powell’s testimony on Capitol Hill, where lawmakers pressed Powell on the central bank’s plan if the economy slows down without reducing inflation. Kiran Ganesh of UBS Global Wealth Management discusses the outlook for the markets. And, Jared Weisfeld of Jefferies and Malcolm Ethridge of CIC Wealth give us their stock picks as we close out the week.
44:4424/06/2022
Is the U.S. Housing Market at Risk of Another 2008-Style Crisis? JUNE 23, 2022
Mortgage applications are dropping as rates continue to increase, with rates for a 30 year fixed mortgage now up nearly 80% in the last year. Scott Lawlor of Waypoint Residential joins us to discuss the risks of another housing crisis. Plus, Energy Secretary Jennifer Granholm will speak with seven oil and gas executives this morning about why they are not refining more gasoline or producing more oil. American Petroleum Institute CEO Mike Sommers breaks down what to expect. And, investors are looking ahead to Jay Powell’s second day of testimony after he said yesterday that the battle against inflation could raise rates high enough to trigger an economic downturn. But have U.S. stock market losses only just begun? Craig Johnson of Piper Sandler weighs in.
45:2223/06/2022
Worldwide Exchange JUNE 22, 2022
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
45:1322/06/2022
The Big Debate: Is An Economic Downturn More Likely Than Not? JUNE 21, 2022
A number of factors are driving the price of natural gas through the roof for many households and corporations. But when will utility prices peak? John Bartlett of Reaves Asset Management weighs in. Plus, the debate over a coming U.S. recession is growing more intense, with Goldman Sachs and Nomura saying an economic downturn is more likely than not. John Stoltzfus of Oppenheimer Asset Management and Andrzej Skiba of RBC Global Asset Management give us their thoughts. And, it’s been a brutal few weeks for the stock markets, as investors weigh more aggressive action by the Fed. Katie Stockton of Fairlead Strategies explains why some “oversold” indicators are flashing and how we could see some temporary relief this week.
45:1521/06/2022
Crypto, Tech, and Retail All Seeing Declines This Week. JUNE 17, 2022
More than half of the stocks in the S&P 500 are now trading below their pre-COVID highs, according to Bespoke. Robert Teeter of Atsilver Asset Management and Kevin Caron of Washington Crossing Advisors discuss which sectors are being hit the hardest. Plus, crypto is stabilizing today after what’s been a rough week for the space, with Bitcoin down almost 30% just this week as interest rates rise and investors sell off riskier assets. Clara Medalie of Kaiko breaks down crypto’s crash. And, it’s been a rough ride for Big Tech, with the Nasdaq falling more than 4% yesterday. Mark Mahaney of Evercore ISI joins us to discuss why tech can’t catch a break.
45:0717/06/2022
Following the Fed’s Biggest Single Rate Increase Since 1994, What Comes Next? JUNE 16, 2022
Investors are still digesting the Federal Reserve’s biggest single rate increase since 1994, hiking by 75 basis points. Jenny Harrington of Gilman Hill Asset Management and Dana Peterson of The Conference Board discuss the short and long term implications of this decision. Plus, Jerome Powell now expects the Fed Funds Rate to increase by roughly 1.75 percentage points over the next four policy meetings to end the year with a benchmark rate above 3%. Priya Misra of TD Securities breaks down what this means for your money. And, with mortgage rates super-spiking in the last few weeks, how does this affect the real estate market and your ability to get a loan? Walt Schmidt of FNH Financial weighs in.
45:2416/06/2022
CEO of Top Private Equity Firm Weighs In on Market Volatility; JP Morgan’s Joyce Chang Says Brace for $6 Gas Nationwide By August; Electric Bill Sticker Shock in the Midwest JUNE 15, 2022
The head of Ares Management discusses the state of the global credit market. Plus, JP Morgan’s chair of global research, Joyce Chang, says price pressures are going to persist for some time. And, Brian Sullivan details how power customers across the Midwest are feeling the pain of higher bills, as energy costs skyrocket.
45:2715/06/2022
The Major Banks Are Calling for a 75 Basis Point Hike by the Fed Tomorrow. Are They Right? JUNE 14, 2022
The U.S. Dollar is holding near a 20-year high as markets brace for an even more aggressive Fed rate hike. Geoffrey Yu of BNY Mellon joins us to discuss the rise in the dollar index. Plus, the major investment banks, including JPMorgan, Goldman Sachs, Barclays, and Jefferies are all calling for the possibility of 75 basis point hike. Jon Najarian of MarketRebellion.com gives us his take. And, markets around the world are also seeing heightened volatility ahead of the Fed’s decision. Malcolm Ethridge of CIC Wealth, Ben Emons of Medley Global Advisors, and Mark Mobius of Mobius Capital Partners weigh in on what to expect.
45:5014/06/2022
Last Week’s CPI Report Was Hotter Than Expected. The Markets Are Not. JUNE 13, 2022
The global equity sell-off coming off the heals of Friday’s higher-than-expected May inflation report is showing price gains at their fastest pace since 1981, adding to the pressure facing Jay Powell and the Fed ahead of this week’s policy decision and questions about possible changes to its rate hike strategy. Michelle Girard of Natwest Markets joins us to discuss the future of inflation. Plus, investors are fleeing the shorter end of the U.S. bond market as they scramble to price in an even steeper path for the Fed rate hikes. Kamakshya Trivedi of Goldman Sachs gives her thoughts on the week ahead. And, tech’s continued hammering is poised to roll on after a tough week. Richard Kramer of Arete Research dives into whether a bottom could be near.
44:4713/06/2022
The Number Wall Street Has Been Waiting For is Due Today: May’s CPI Report. JUNE 10, 2022
Wall Street is buzzing as investors await the May CPI report, due later this morning, with price gains remaining at their highest level in 40 years. Sarah House of Wells Fargo tells us what to expect from the report. Plus, stocks in China are rising today, including tech stocks like Alibaba, Meituan, and NetEase. Brendan Ahern of KraneShares, shares what is driving the spike in these stocks. And, despite sky-high inflation, Janet Yellen says that a recession is not likely in the works. Dan Very of Palisade Capital Management gives his thoughts on the strength of the economy.
44:4810/06/2022
These Commodities Are Why Inflation Is So Important Now. JUNE 9, 2022
The incredible commodity run of the past year continues to roll on. Wheat, orange juice, coffee, cattle, hogs, corn, and soybeans are why the inflation story is so important now. Ed Morse of Citigroup joins us to discuss all things commodities. Plus, it's been a rough time for most sectors of the market, including the midcaps. The S&P 400 Midcap Index is down 11% this year, performing just slightly better than the S&P 500. Amy Zhang of the Alger Mid Cap Focus and Mid Cap 40 Funds makes the case for midcaps and why they're selling at a discount. And, how are the broad markets faring this week following yesterday's drop? Gina Sanchez of Chantico Global and Lido Advisors and Jon Najarian of Market Rebellion give us their takes.
45:0809/06/2022
The Diesel Dilemma; Democrats Unveil Plan to Tackle Inflation; Red Flags in the Housing Market? JUNE 8, 2022
Again Capital’s John Kilduff discusses the squeeze higher diesel prices are putting on the U.S. food supply and shipping network. Plus, Ylan Mui details a new plan being unveiled by a group of moderate Democrats to help ease the strain of high prices on consumers’ wallets. And, Nest Seekers chief economist Erin Sykes talks about affordability, mortgage rates and the lack of new inventory in the housing market.
45:2108/06/2022
After a Quiet Day on Wall Street Yesterday, Investors Await Friday’s May Inflation Report JUNE 07, 2022
Gasoline is up 90% this year, with drivers in 10 states and Washington DC paying more than $5 a gallon. Jay Young of King Operating Corp discusses the outlook of energy as more than 80 trade groups call on the Biden administration to take action. Plus, Apple made some surprises as its annual Developers Conference, as it plans to venture into the Buy Now, Pay Later space. Alex Kantrowitz of Big Technology breaks down the key takeaways from the event. And, investors are awaiting Friday’s May inflation report, as well as Janet Yellen’s two-day Capitol Hill testimony before the Senate Finance Committee. Matt Maley of Tiller Tabak and Ellen Zetner of Morgan Stanley weigh on what this means for the broader markets.
44:3807/06/2022
Apple Worldwide Developers Conference Today, Gasoline Up Again, Inflation Worries Grow JUNE 06, 2022
Apple prepares to kick of its annual developers conference today, where the company is expected to unveil updates to the core operating systems and its long rumored augmented reality device. Daniel Flax of Neuberger Berman gives us the rundown on what to expect from the event. Plus, according to Triple A, the current national average for regular gasoline stands at just under $4.87 a gallon, which is 59% higher compared to this time last year. OPIS Chief Oil Analyst Denton Cinquegrana joins us to discuss the future of gas prices and what’s in store for the consumer. And, the markets’ rally from the brink of a bear market faces an important test this week, as Friday’s consumer price data report may offer insight into how much more the Fed will need to do in its fight against inflation. Marc LoPresti of The Strategic Funds, Jeff Kilburg of Sanctuary Wealth, and Ivory Johnson of Delancey Wealth Management weigh in.
45:1306/06/2022
Unemployment Near a Record Low, Gas Prices Near a Record High 6/3/22
In a tight labor market with unemployment near a record low, people are able to push companies to offer better pay and benefits. But as economic storm clouds start to gather, will workers be able to maintain the upper hand? Rucha Vankudre of EMSI Burning Glass joins us to discuss the outlook for the labor market. Plus, oil prices are edging lower today, and the market is largely shrugging off the decision by OPEC+ to boost production targets, questioning whether the incremental move can make up for lost supply from Russia and meet growing demand. Kevin Book of Clearview Energy Partners joins us to discuss the rise in U.S. gas prices and whether consumers will have to cut back on driving or other spending. And, Lululemon reported higher than expected earnings for its first quarter yesterday. What does this mean for the broader retail sector? Jessica Ramirez of Jane Hali & Associates gives us her take.
44:2703/06/2022
Clear Skies or Storm Ahead? JPMorgan’s Jamie Dimon Warns of an “Economic Hurricane” 6/2/22
Sheryl Sandberg announces she is stepping down from her role as COO of Meta, a position she’s held since joining in 2008 as Mark Zuckerberg’s second-in-command. Current CGO Javier Olivan will take over Sandberg’s role this fall. Rocco Strauss of Arete Research joins us to discuss implications for the stock, which is down more than 40% this year. Plus, oil prices are pulling back ahead of a meeting by OPEC and other major producers, including Russia. Chief OPEC Correspondent and Dubai Deputy Bureau Chief for Energy Intelligence joins us to discuss expectations for today’s meeting. And, following JPMorgan CEO Jamie Dimon’s warning to investors of an economic hurricane, are clear skies even a possibility? Victoria Fernandez of Crossmark Global Investment joins us to give her take.
44:3202/06/2022
Worldwide Exchange 6/01/22
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
43:5101/06/2022
Why President Biden says Tackling Inflation is his “Top Economic Priority” 5/31/22
President Biden says the Federal Reserve has a responsibility to control inflation and vows to not influence the bank’s decision making ahead of his meeting with Fed Chair Jay Powell at the White House today. James Pethokoukis of the American Enterprise Institute joins us to discuss why Biden has made tackling inflation his “top economic priority.” Plus, last week’s strong showing by the major indices is helping to erase some of the losses the markets have faced this month. Jon Najarian of Market Rebellion, gives his take on where the options action is within the markets. And, after the long holiday weekend, how is the trading week ahead looking? Anneka Treon of Kempen and David Katz of Matrix Asset Advisors tell us what to look at for.
44:5031/05/2022
Does the Start of Memorial Day Weekend Mean a Restart for the Markets? 5/27/22
It’s the start of Memorial Day Weekend, and what better way to kick off the holiday other than finding the best sales and deals? In the wake of inflation and supply chain issues, MDW might be just what retail needs to bounce back. Katie Thomas of Kearney Consumer Institute joins us to predict consumer behavior this weekend. Plus, have the markets turned a corner? What are the opportunities around the corner? TIGER 21 Founder Michael Sonnenfeldt joins us to discuss how he’s advising members of TIGER 21 to invest. And, there might be some hope in the consumer after all, as the 2nd revision of the GDP indicated that consumption was stronger than expected. So what does this mean for the trading day ahead? Stephanie Link joins us to divulge which stocks might be making a comeback.
45:2027/05/2022
Will These Earnings Reports Due Today Signal A Bottom? 5/26/22
Earnings from Macy’s, American Eagle Outfitters, Costco, and Gap are due today, just in time as investors recover from last week’s Target and Walmart blows. Stacey Widlitz of SW Retail Advisors joins us to discuss what to expect from these reports and whether the market is bottoming out. Plus, shares of Nvidia are lower, as the company says that sales, which beat first quarter forecasts, are expected to slow this quarter due to COVID shutdowns in China and the War in Ukraine. Matt Bryson of Wedbush Securities joins us to talk all things Nvidia, as well as the broader chip sector. And, the worry hanging over all these stocks: inflation. Minutes from the Fed’s meeting earlier this month show interest in raising rates high enough to slow economic growth deliberately to combat high prices. But what does this mean for the markets? Ben Emons of Medley Global Advisors and Degas Writing of Decatur Capital give us their takes.
44:4626/05/2022
Exclusive Conversation with the U.S. Commerce Secretary; Why Traditional Investor “Fear Factors” Have Been Fairly Quiet; It’s the Valuations, Not the Business Model. 5/25/22
Sara Eisen speaks with U.S. Commerce Secretary Gina Raimondo about the Biden administration’s new economic deal to counter China, and why Congress should pass legislation to boost the nation’s chip industry. Plus, Caleb Silver of Investopedia has new survey data on what is keeping investors up at night. And, Jenny Harrington of Gilman Hill Asset Management says there’s nothing fundamentally wrong with Snap and other social media stocks, it’s more that the stocks ran up too much.
44:5825/05/2022
Despite Yesterday’s Stock Rally, Concerns Across Multiple Sectors Remain. 5/24/22
Despite yesterday’s gains in U.S. stocks, the S&P 500 is still down more than 17% from its record high, set on January 3 earlier this year. New York Stock Exchange President Lynn Martin joins us from the World Economic Forum in Davos to discuss the state of the markets and volatility. Plus, while shares of Snapchat are sinking after CEO Evan Spiegel warned shareholders that the company will miss its own targets for revenue, shares of Zoom Video are soaring after reporting better-than-expected first quarter earnings. Jared Weisfeld of Jefferies joins us to compare these two big money movers. And, according to a new Redfin report, the monthly cost of a mortgage is up 43% from last year. Ryan Gorman of Coldwell Banker joins us to dive into the state of the housing market.
45:0724/05/2022
Implications of the War in Ukraine, a Possible Recession, and a 10% Stronger U.S. Dollar. 5/23/22
The World Economic Forum has returned to Davos, Switzerland for the first time since the pandemic – and at the top of the list of discussion topics are COVID-19 and the War in Ukraine. S&P Global Vice Chairman Dan Yergin joins us to discuss the implications the war has for global energy security and geopolitics. Plus, as the S&P 500 approaches bear market territory, investors are looking to the Fed to see if it can stabilize inflation. But is a recession the only solution? Steven Wieting of Citi Private Bank gives us his take on whether economic fundamentals justify the recent sell-off. And, a new report from Credit Suisse lists 50 stocks that will likely benefit from a strong U.S. dollar, including Home Depot, Target, and Netflix. Patrick Palfrey, co-author of the report, dives deeper into his equity strategy ahead of the trading day.
44:2523/05/2022
With Yet Another Volatile Week, Is the Market Broken? How Do We Fix It? 5/20/22
What we called a Tech Wreck last week is now becoming a Retail Wreck, as Walmart, Target, and Ross Stores all delivered poor results this week. But are there still investing opportunities left in the consumer sector? Scott Mushkin of R5 Capital joins us to discuss which stocks he’s buying and which ones he’s avoiding in this negative macro environment. Plus, how broken is the market, if at all? Tim Quast of Modern IR joins us break down the three problems with market mechanics that compound volatility. And, with the S&P 500 inching closer to a bear market following another volatile week, investor sentiment seems to be the primary driver of the market. Robert Teeter of Silvercrest Asset Management and Lindsey Bell of Ally Invest give us their takes on if a recession is in store.
44:5720/05/2022
What Do Gasoline, Consumer Products, and Crypto All Have in Common? They’ve All Been Hit Hard by Market Volatility. 5/19/22
Gasoline inventories are going to hit historic lows and distillate over this summer, forecasts Paul Snakey of Snakey Research. He joins us to discuss the emerging crisis in U.S. oil product markets; the current battle between low refining runs relative to all-time record refining margins; and the choice to make gasoline or diesel, both of which are in increasingly short supply. Plus, new reports from Target and Walmart signal that more markdowns and price increases are likely to come. Stacey Widlitz of SW Retail Advisors tells us why free money, artificially high savings rates, and a lack of inventory leading to full price selling is now a thing of the past. And, will the stablecoin challenges seen in recent week lead to a better, strong ecosystem? Blockchain.com co-founder and CEO Peter Smith joins us to explain why he sees the current dip as a “fear based capitulation wave.”
45:1819/05/2022
Goldman’s “Margin of Safety” Stocks; The Crude Reality of Diesel Fuel Prices; Disruptor 50: How One Company is Revolutionizing E-Commerce Through Robotics. 5/18/22
Brian Sullivan lays out 20 stocks that Goldman Sachs identifies as falling within the bank’s “margin of safety”. Plus, the true cost for truckers filling up with diesel fuel. And, the CEO of CNBC Disruptor Exotec, on how robotics can help address the global supply and labor shortage.
45:0318/05/2022
Changes China is Making to Ease the Global Supply Crunch; Which Retailers Will Stand Out During Earnings Season?; Where Wall Street is Putting its Money in the Pennsylvania Primary. 5/17/22
Lori Ann LaRocco discusses the steps China is taking to try to alleviate shipping snags at its major ports. Plus, retail insider Jan Kniffen says Walmart and Target are doing the best job among the major store chains in taking on Amazon. And, Ylan Mui details which candidates in the Pennsylvania Senate primary race are being backed by billionaire investors on Wall Street.
46:2117/05/2022
Cloud stocks, crypto’s crash, investment opportunities during tight financial conditions. 5/16/22
Amid the tech wreck, cloud stocks may offer a silver lining, as the ongoing migration of legacy client-server apps to the cloud signals opportunities in software-based businesses. John Freeman of CFRA Research joins us to discuss which of these opportunities he’s most enthusiastic about. Plus, following crypto’s crash and stablecoin’s collapse last week, do Bitcoin or Terra have futures as payments networks? Lawrence Lewitinn of CoinDesk joins us to give his take on how much damage has been done. And, though investors, consumers, and businesses have benefitted from significant monetary tailwinds in the past, investors can no longer rely on financial conditions to support portfolio growth, says Seema Shah of Principal Global Investors. She joins us to answer the question of everyone’s mind: where are the investment opportunities, and how can investors prepare for anticipated challenges?
44:2916/05/2022
In a market more volatile than ever, where do we go from here? 5/13/22
Like many commodities, the cost of fertilizer has been increasing due to COVID-19 related supply chain issues, weather disruptions to shipping and production, energy costs, and geo-political issues. Ken Seitz of Nutrien Ltd joins us to discuss the biggest cost drivers of fertilizer on the market and what the company is doing to deliver high crop yields and maximize productivity. Plus, though the capital markets saw significant volatility, the Dow and the S&P ended the week where it started, unlike the tech sector and the Nasdaq Composite. Ryan Payne of Payne Capital Management joins us to discuss the best opportunities for investors and how volatility can be used as a leveraging tactic. And, the big question on all investors’ minds is when will the economic and monetary backdrop set up to foster stability and a new bull phase? Liam Dalton of Axiom Capital Management joins us to identify the key steps in a necessary adjustment process.
45:3013/05/2022
Crypto plunges, Disney shares fall, Rivian stock jumps. 5/12/22
Liquidity concerns around “stablecoin” provider Terra has caused a hit on confidence across the crypto spectrum, with many of the coins seeing major losses this week. Juthica Chou of Kraken joins us to discuss the current state of the crypto market, recent Bitcoin price movements, and hedging inflation. Plus, Disney reported in its earnings report yesterday stronger-than-expected growth in Disney+ subscriptions but warned shareholders that the company is still seeing the impact of COVID on its theme parks. Jonathan Kees of Daiwa Capital Markets America joins us to give his take on why Disney shares have fallen following the report and what’s in store going forward. And, the Rivian stock jumped yesterday, maintaining its 2022 production target to build 25,000 vehicles this year. Dan Ives of Wedbush Securities joins us to provide insight on whether Rivian is worth investing in.
44:4312/05/2022
Major reports this week, threats to solar capacity installations, the U.S. dollar’s historic high. 5/11/22
This week, it’s all about inflation, with the April CPI, PPI, and Import Prices reports due. Michelle Girard of Natwest Markets Securities joins us to discuss whether she expects today’s CPI report to reinforce the Fed’s current projected rate path. Plus, the Department of Commerce’s investigation into 17.5 gigawatts of solar capacity installations may threaten nearly 66% of the U.S.’ energy plans. Marcelo Ortega of Rystad Energy joins us to break down exactly how this freeze happened. And, Kamakshya Trivedi of Goldman Sachs says that more money is being concentrated in dollars due to the selloff in stocks and bonds. He joins us to give us his thoughts on the demand for major currencies and the likelihood of a recession.
45:2111/05/2022
Peloton earnings, global supply chain issues, markets in turmoil. 5/10/22
It’s a big day for high-interest earnings reports, and at the top of the stack is Peloton. But compared to the start of the pandemic, when sales were booming, by how much has demand for connected fitness equipment slowed? Daniel Adam of Loop Capital Markets joins us to discuss why Peloton is still a valuable stock worth substantially more than its current market value. Plus, with global port congestion worsening, and supply chain issues escalating, is there a solution in sight? Michael Tran of RBC Capital Markets gives us his insights on digital intelligence strategies. And, inflation concerns are taking over the market, as NASDAQ is on track for its sixth worst year ever and S&P is down 16% from its all-time high. Chris Murphy of Susquehanna Financial Group and Brian Levitt of Invesco give us their thoughts on which areas of the market may still be worth investing in.
45:0410/05/2022
Biotech stocks fall as energy continues to soar amid volatile market. 5/9/22
Biotech stocks, a former pandemic winner, have been falling since April, with the S&P Biotech ETF down nearly 40% this year. Salim Syed of Mizuho Securities gives us his take on what will happen to these biotech companies in the near-term. Energy, on the other hand, seems to be on an unstoppable winning streak, as oil and gas stocks continue to make positive moves amid this volatile market. Biraj Borkhataria of RBC Capital Markets joins us to talk about which names in particular he’s most excited about. Plus, are commodities impacting inflationary readings more than wages? Gina Sanchez of Chantico Global weighs in. And, ahead of Wednesday’s CPI report, what’s the best area to invest? Patrick Fruzzetti of Rose Advisors has the answers.
44:5609/05/2022
E-commerce and tech stocks plummet following Fed meeting. 5/6/22
As inflation fears continue to grow, investors fear shoppers are starting to scale back non-essentials spending. Scott Mushkin of R5 Capital joins us to unpack why the consumer discretionary sector is getting hit especially hard. Also doing poorly are tech stocks, as the NASDAQ is coming off of its worst single day performance in almost two years. Dan Ives of Wedbush Securities joins us to discuss how the hangover from the Fed meeting and yesterday’s rally are being felt on Wall Street. And, what’s in store for the trading day ahead as the first week of May closes out? Greg Branch of Veritas Financial Group and Dan Morgan of Synovus Trust give us their takes.
44:4406/05/2022
COVID-19 food scarcity, OPEC meeting amid all-time low fuel supplies, Federal Reserve’s raised rates. 5/5/2022
Eric Ripert, co-owner and chef at Le Bernardin and Vice Chairman of City Harvest, joins us to discuss the organization’s efforts to deliver more than 100 million pounds of food to nearly 400 food rescue outlets across the five NYC boroughs. He dives into Le Bernardin’s recommitment to City Harvest after reopening post-pandemic and his work to strengthen local food systems. Plus, OPEC is meeting today as oil stays above $100 per barrel and natural gas hits $8. John Kilduff of Again Capital gives us his thoughts on why the market is getting no help from OPEC and which areas are being hit the hardest by all-time low fuel supplies. And, the Federal Reserve did exactly what was expected in raising rates 0.5%, but what does this mean for equity markets and the risks to growth? Paul Donovan of UBS Global Wealth Management gives us his take.
44:4505/05/2022
Gaming the Fed’s Next Moves; Is The Oil Market Pricing In a Full EU Ban on Russian Imports?; Searching for Quality in an Uncertain Market. 050422
Former Fed Vice Chairman Roger Ferguson says the hurdle for a 75 basis point rate hike is high. Plus, Amrita Sen of Energy Aspects discusses the impact of EU members agreeing to a shorter-term phase out of Russian oil & gas. And, Greg Sarian of Sarian Strategic Partners says investors should seek out high quality cash-rich companies that offer dividend value.
45:0004/05/2022
Federal Reserve meeting, market predictions, the trading day ahead. 5/3/22
The Federal Reserve is kicking off a two-day meeting today, which is expected to end in a 50 basis point hike. But word on the street is that the Fed might be even more aggressive, especially in light of Tuesday’s news that Australia has hiked its interest rate for the first time in over a decade. Stephen Halmarick of the Commonwealth Bank of Australia and Priya Mirsa of TD Securities discuss their predictions for the meeting’s outcome. Plus, what does the Fed’s fight against inflation mean for the markets today? Mark Haefele of UBS Global Wealth Management joins us to discuss inflation modulation, moderating growth, and asset allocation. And, as anticipation for the Fed decision looms over the market, how much damage has been done? Eric Beiley of Steward Partners Global Advisory and Jason Snipe of Odyssey Capital Advisors give us their take.
44:4703/05/2022
Was April a Washout or the Start of Something More for the Markets?; Guggenheim’s Scott Minerd: The Fed Has Screwed Up; Where Investors Are Seeking Protection in Stocks. 5/5/22
Gina Sanchez of Chantico Global and Lee Baker of Apex Financial discuss whether there are still quality names in the market, following April’s meltdown. Plus, Guggenheim Partners Global CIO Scott Minerd discusses the Fed, bond market and equities with Brian Sullivan at the Milken conference. And, Jon Najarian reveals where the options action has been headed as the markets sold off.
45:0602/05/2022
Media and antitrust, Apple and Amazon earnings, rocky week for markets 4/29/22
With more competition comes more innovation. But what about the growing battle between companies and governments? Makan Delrahim, the former Assistant Attorney General for the Department of Justice, joins us to discuss how anti-trust issues and the media are making their way into politics. Plus, Apple and Amazon reported quarterly results yesterday, with the former topping estimates and the latter missing revenue forecasts. Jared Weisfeld of Jefferies discusses the markets and tech’s wild ride. And, it’s been a rocky week for markets, as the Dow and S&P are both on track for their third negative month this year. Bill Stone of Glenview Trust gives us his thoughts.
45:5129/04/2022
Meta Surges, China Demand Concerns Linger & Fed in Focus
Stacey Widlitz of SW Retail Advisors discusses what’s been driving the weakness in the consumer discretionary sector, and how not all retailers -- such as discount chains -- are created equal. Joel Kulina, Head of Technology/Media Trading at Wedbush Securities, discusses the tech sector outlook ahead of the anticipated Big Tech earnings reports later today. Matt Orton of Carillon Tower Advisers gives his take on what’s driving the market. Plus, Tiffany McGhee of Pivotal Advisors discusses whether positive results from some big tech names can offer a glimmer of hope, and highlights one company that plays a huge role in the global food supply chain.
44:3828/04/2022
Navigating The Market Turbulence; Russia Steps Up Its Energy Fight With the West; What’s Working: Stocks that Outperformed During the Sell-Off 042722
Delano Saporu of New Street Advisors and Matt Maley of Miller Tabak offer advice to nervous investors trying to navigate through the negative market headlines. Plus, we discuss the broader implications of Russia’s move to cut off natural gas supplies to EU and NATO members Poland and Bulgaria. And, Brian Sullivan highlights several stocks that managed to avoid the sea of red ink in Tuesday’s sell-off.
45:1227/04/2022
How Beijing Is Trying To Limit the Spread of COVID; What Elon Musk’s Deal For Twitter Could Mean For Other Social Media Platforms; Two Under-The-Radar Banks Offer Over-The-Top Returns 042622
Eunice Yoon reports from the ground the measures authorities are putting in place to contain a COVID outbreak in Beijing, and lessons learned from the month-long lockdown in Shanghai. Plus, a top tech analyst weighs in on Elon Musk’s buyout of Twitter and what he could reasonably change on the platform. And, Grace Capital’s Cate Faddis makes the case for investors to consider a pair of lesser-known banks.
45:0826/04/2022
Earnings, Inflation & Fed in Focus
Brian Sullivan reveals the result of a Twitter poll on whether you believe the U.S. economy is headed for a recession this year or over the longer term. Svein Holsether, CEO of Yara International, discusses the driving factors behind higher prices for fertilizer, natural gas and in turn food, and whether it’s more of a supply or demand issue. Mark Yusko of Morgan Creek Asset Management discusses how the market sell-off is extending to all asset classes, and why he doubts the Fed will raise rates by 50 basis points in May. Plus, Degas Wright of Decatur Capital discusses the market slide and how to identify companies and stocks that have pricing power in an inflationary environment.
45:1725/04/2022
Eco-friendly toys for Earth Day, Florida’s fight with Disney World, reviving BBB. 4/22/22
Today is Earth Day, and what better way to celebrate it than reduce the use of plastics in products like toys? James Zahn of The Toy Insider joins us today to talk about the toy industry’s move to sustainable materials, even amid rising manufacturing costs and delays. Plus, a Florida bill to revoke Disney World’s designation as a special tax district is moving forward. Former Walt Disney Resort Executive Vice President Lee Cockerell gives his take on as the current situation. And, Congress is back to work with a full agenda, at the top of which is reviving President Biden’s Build Back Better plan. Ed Mills of Raymond James gives us the details.
45:1222/04/2022
What’s in store for the markets, commercial real estate’s outlook, Tesla’s record Q1 profit 4/21/22
Following Netflix’s stock plunge this week, the S&P and NASDAQ are down three of the past four days. Ryan Payne of Payne Capital Management gives his take. Plus, will workers ever fully return to the office? Marcus & Millichap CEO Hessam Nadji joins us to discuss the outlook for commercial real estate. And, Tesla beats profit expectations in its latest earnings report. Jeffries Managing Director Philippe Houchois breaks it down for us.
44:5121/04/2022
A Big “Net-Flunk” for Netflix; Is Elon Musk’s Pursuit of Twitter a Distraction for Tesla?; Today’s RBI: Executive Payday. 4/20/22
Netflix shares are tumbling as subscribers leave the streaming service, but is the stock still worth your money? Plus, what Tesla shareholders want to know ahead of the company’s earnings report, including whether Elon Musk is taking his eye off the ball with his bid for Twitter. And, how an under-the-radar company is making headlines with an over-the-top payday for its CEO.
44:5120/04/2022
Corn prices rising, the future of renewable energy, the trading day ahead 4/19/22
Corn and other commodity prices are rising as the war in Ukraine continues. Bill Baruch of Blue Line features talks about the latest. Plus, a new form of renewable energy might be in natural gasses from farmhouses, according to John Pettigrew of National Grid. And, Kevin Simpson of Capital Wealth Planning gives his take on the trading day ahead.
45:4419/04/2022