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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.
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Oil Prices This Month, Strength of the Consumer, and Amazon's New Product  11/17/23

Oil Prices This Month, Strength of the Consumer, and Amazon's New Product 11/17/23

Oil prices are coming off their worst day in more than a month. Energy Aspects' Amrita Sen explains. Plus, a number of retailers are warning about the strength of the consumer ahead of the holiday season. Jefferies' Corey Tarlowe discusses the outlook. And, Amazon is getting into a new product category: cars. CNBC's Micheal Wayland dives into the news.
44:5517/11/2023
President Biden and China President Xi Jingping, Walmart Earnings, and the Outlook on Inflation  11/16/23

President Biden and China President Xi Jingping, Walmart Earnings, and the Outlook on Inflation 11/16/23

President Biden and China President Xi Jinping have agreed to re-establish military communications and combat the flow of illegal fentanyl into the U.S. Eurasia Group's Rick Waters explains. Plus, Walmart reports earnings this morning following Target's strong results yesterday. Cadinha & Co.'s Kalei Cadinha-Pua'a's gives her expectations. And, the markets continue to cheer on positive signals around inflation. Van Lanschot Kempen's Anneka Treon and Invesco's Brian Levitt discuss.
44:4416/11/2023
Target Earnings, Mastercard SpendingPulse, and U.S.-China Relationship 11/15/23

Target Earnings, Mastercard SpendingPulse, and U.S.-China Relationship 11/15/23

Target reports earnings this morning as the company grapples with a string of disappointing quarterly results. The Glenview Trust Company's Bill Stone discusses. Plus, Mastercard is out with its latest SpendingPulse data. Mastercard's Steve Sadove dives into the key findings. And, President Biden will meet with Chinese leader Xi Jingping for the first time in a year today at the APEC Summit. Council on Foreign Relations' Zongyuan Zoe Liu explains.
44:3415/11/2023
October CPI, Home Depot Earnings, and the Trading Day Ahead 11/14/23

October CPI, Home Depot Earnings, and the Trading Day Ahead 11/14/23

Investors are bracing for a fresh read on inflation from the October CPI. First Watch CEO Chris Tomasso discusses how higher prices are impacting his business. Plus, Home Depot reports earnings today amid concerns about slowing consumer spending. Northstar Asset Management’s Nimrit Kang gives her expectations. And, what’s in store for the trading day ahead? Cetera’s Gene Goldman and Gilman Hill Asset Management’s Jenny Harrington weigh in.
44:1414/11/2023
Government Shutdown Showdown, the FOMO Trade, and Economic Data This Week 11/13/23

Government Shutdown Showdown, the FOMO Trade, and Economic Data This Week 11/13/23

It's a make-or-break week for Congress, with lawmakers just days away from a government shutdown. Stifel's Brian Gardner explains. Plus, markets are coming off two straight weeks of gains. Wall Street Journal's Gunjan Banerji discusses. And, investors are preparing for fresh economic data, including October CPI and PPI. Veritas Financial Group's Greg Branch breaks down the agenda.
44:2713/11/2023
U.S.-China Relations, Stocks’ Win Streak Snapped, and Chip Check-In 11/10/23

U.S.-China Relations, Stocks’ Win Streak Snapped, and Chip Check-In 11/10/23

Treasury secretary Janet Yellen will meet with China’s vice premier for a second day today ahead of next week’s APEC Summit. Longview Global’s Dewardric McNeal tees up the event. Plus, the markets are facing fresh pressure after the S&P 500 and Nasdaq snapped their longest win streaks in two years. Regions Wealth Management’s Alan McKnight and Matrix Asset Advisors’ David Katz explain. And, shares of Navitas Semiconductor are popping on a third quarter earnings beat. Navitas CEO Gene Sheridan discusses the company’s outlook.
44:1610/11/2023
Disney's Earnings Beat, Tech's Winning Streak, and GXO's Holiday Forecast 11/09/23

Disney's Earnings Beat, Tech's Winning Streak, and GXO's Holiday Forecast 11/09/23

Disney shares are moving higher following an earnings beat. Citigroup's Jason Bazinet discusses. Plus, the Nasdaq is on its longest winning streak in two years, with the boost in tech stocks coinciding with the drop in Treasury yields. Hargreaves Lansdown's Sophie Lund-Yates weighs in on the sector. And, GXO is cutting its full-year revenue outlook and warning of a holiday spending slowdown. GXO CEO Malcolm Wilson explains.
44:1309/11/2023
Disney Earnings, the State of Cybersecurity, and the Fed's Next Move  11/08/23

Disney Earnings, the State of Cybersecurity, and the Fed's Next Move 11/08/23

Disney reports earnings today, with a key focus on profitability for its streaming business. Bleakley Financial Group's Peter Boockvar tees up the results. Plus, a number of companies are facing pressure over a recent string of cyberattacks. Gen Digital CEO Vincent Pilette discusses. And, investors continue to debate the Federal Reserve's next move for rates. Silvercrest Asset Management's Robert Teeter and Capital Wealth Planning's Kevin Simpson explain.
44:2308/11/2023
Earnings This Week, China's Growth Forecast, and Rate Hike Outlook 11/07/23

Earnings This Week, China's Growth Forecast, and Rate Hike Outlook 11/07/23

A number of companies are reporting earnings today, including Uber, Occidental Petroleum, and Robinhood. KBW's Jade Rahmani previews results from D.R. Horton. Plus, the IMF has upgraded its growth forecast for China. HSBC's Fred Neumann explains. And, Minneapolis Fed President Neel Kashkari is not convinced rate hikes are over. Howard Capital Management's Vance Howard and CIC Wealth's Malcolm Ethridge discuss.
43:4207/11/2023
Worldwide Exchange 11/06/23

Worldwide Exchange 11/06/23

“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 conversations with key leaders, analysis of business and investor trends, and impact across international markets.
44:5706/11/2023
October Jobs Report, Apple's Declining Revenue, and Stocks' Best Week of the Year  11/03/23

October Jobs Report, Apple's Declining Revenue, and Stocks' Best Week of the Year 11/03/23

The monthly jobs report is out this morning, with economists expecting employers to have added 170,000 jobs during October. Milken Institute's William Lee discusses. Plus, Apple shares are under pressure after posting a fourth consecutive quarter of revenue declines. Neuberger Berman's Daniel Flax explains. And, stocks are on track for their best week of the year. Wall Street Alliance Group's Aadil Zaman and Pivotal Advisors' Tiffany McGhee weigh in on the outlook.
44:5403/11/2023
Apple Earnings on Tap, the Fed's Rate Pause, and the State of Freight  11/02/23

Apple Earnings on Tap, the Fed's Rate Pause, and the State of Freight 11/02/23

Apple reports earnings today amid concerns about demand in the U.S. and China. Essex Investment Management's Nancy Prial tees up the results. Plus, the Federal Reserve has paused its rate hiking campaign for the second straight month. Former Fed Vice Chairman Roger Ferguson discusses. And, what signals are the freight industry sending about the economy? ArcBest CEO Judy McReynolds explains.
44:4202/11/2023
The Latest Fed Decision, Microsoft's Copilot Launch, and the New Trading Month  11/01/23

The Latest Fed Decision, Microsoft's Copilot Launch, and the New Trading Month 11/01/23

The latest Federal Reserve monetary policy decision is out today. Citi's Veronica Clark discusses. Plus, Microsoft is launching its AI copilot tool today. Clockwise Capital's James Cakmak explains. And, what's ahead for the new trading month? Principal Asset Management's Seema Shah and GenTrust's Mimi Duff weigh in.
44:4701/11/2023
The Fed's Policy Meeting, Apple's New Macs, and the Final Trading Day of October  10/31/23

The Fed's Policy Meeting, Apple's New Macs, and the Final Trading Day of October 10/31/23

The Federal Reserve kicks off its two-day monetary policy meeting today. Citi's Steven Wieting gives his expectations for the decision. Plus, Apple is revamping its Mac lineup with new MacBook Pros and a new iMac. Six Colors' Dan Moren explains. And, what's ahead for the final trading day of the month? Clough Capital Partners' Vince Lorusso and Douglas C. Lane & Associates' Sarat Sethi weigh in.
44:3331/10/2023
The State of Regional Banking, the Global PC Market, and McDonald's Earnings  10/30/23

The State of Regional Banking, the Global PC Market, and McDonald's Earnings 10/30/23

Old National Bancorp is acquiring Capstar Financial in a partnership worth $3.3 billion. Old National CEO James Ryan discusses. Plus, Lenovo is investing $1 billion in AI over the next three years and expanding its partnership with Nvidia. Lenovo SVP Vladimir Rozanovich explains. And, McDonald's reports earnings this morning, with a key focus on higher rates, inflation, and the impact of weight loss drugs on demand. Wedbush's Nick Setyan tees up the results.
44:5130/10/2023
Amazon's Earnings Beat, U.S. Strikes in Syria, and a New Shipping Deal  10/27/23

Amazon's Earnings Beat, U.S. Strikes in Syria, and a New Shipping Deal 10/27/23

Amazon shares are popping after reporting a 13% increase in revenue. Cleo Capital's Sarah Kunst wraps up the busy week of tech earnings. Plus, U.S. fighter jets have launched an early morning strike on two locations in Syria. RBC Capital Markets' Helima Croft discusses. And, Stonepeak Partners is acquiring intermodal container company Textainer for $7.4 billion. Stonepeak Co-COO Luke Taylor lays out the deal details.
45:0627/10/2023
Meta’s Revenue Surge, a New House Speaker, and UPS Earnings on Tap  10/26/23

Meta’s Revenue Surge, a New House Speaker, and UPS Earnings on Tap 10/26/23

Meta shares are falling despite reporting a 23% increase in revenue. Private Advisor Group’s Guy Adami discusses. Plus, the House of Representatives has elected a new speaker after weeks with no leader. Stifel’s Brian Gardner explains. And, UPS reports earnings this morning, with analysts expecting a weak quarter. Bernstein’s David Vernon tees up the results.
44:3526/10/2023
Microsoft & Alphabet Earnings, 10-Year Treasury Yield, and Another Busy Day of Earnings  10/25/2023

Microsoft & Alphabet Earnings, 10-Year Treasury Yield, and Another Busy Day of Earnings 10/25/2023

Microsoft and Alphabet shares are moving in opposite directions after reporting results. Laffer Tengler Investments’ Nancy Tengler discusses. Plus, the 10-year Treasury yield is higher again, putting pressure on stocks. Piper Sandler’s Craig Johnson explains. And, Wall Street is preparing for another busy day of earnings. Katz Wealth Management’s Jason Katz tees up the agenda.
44:4025/10/2023
Microsoft and Alphabet Earnings, Energy M&A, and Stocks vs. Bonds  10/24/23

Microsoft and Alphabet Earnings, Energy M&A, and Stocks vs. Bonds 10/24/23

Microsoft and Alphabet kick off a busy week for tech earnings. Albion Financial Group’s Jason Ware tees up the results. Plus, investors continue to digest Chevron and Hess’ $53 billion takeover deal. Third Bridge’s Peter McNally explains. And, what’s ahead for stocks as Treasury yields continue to surge? Freedom Capital Markets’ Jay Woods, Bondbloxx’s Joanna Gallegos, and G Squared Private Wealth’s Victoria Greene weigh in.
44:5924/10/2023
Big Tech Earnings, Charting the Technicals, and Stocks' Week Ahead  10/23/23

Big Tech Earnings, Charting the Technicals, and Stocks' Week Ahead 10/23/23

Several big tech names are set to report earnings this week, including Meta, Amazon, Microsoft, and Alphabet. Arete Research's Richard Kramer tees up the results. Plus, what are the charts signaling about the markets? Fairlead Strategies' Katie Stockton lays out the technical indicators she's watching. And, stocks are coming off a tough week for the major indices. Infracap's Jay Hatfield and Franklin Mutual Advisers' Katrina Dudley discuss.
45:0123/10/2023
The 2% Inflation Target, Tracking the Transports, and China's Latest Banking Move  10/20/23

The 2% Inflation Target, Tracking the Transports, and China's Latest Banking Move 10/20/23

Federal Reserve Chair Jay Powell says the FOMC will be "resolute" in sticking to its 2% inflation target. Former Fed Vice Chair Roger Ferguson explains. Plus, transport earnings are painting a mixed picture for the sector. Bank of America's Ken Hoexter discusses the outlook. And, China is injecting a record amount of cash into its banking system and leaving its benchmark rates unchanged. China Beige Book International's Shehzad Qazi gives the latest.
44:4420/10/2023
Netflix Shares Popping, Tesla's Stock Sinking, and Regional Bank Earnings  10/19/23

Netflix Shares Popping, Tesla's Stock Sinking, and Regional Bank Earnings 10/19/23

Netflix shares are popping after reporting a boost in subscriber growth. Big Technology's Alex Kantrowitz explains. Plus, Tesla is moving in the opposite direction following its first simultaneous earnings and revenue miss since 2019. Canaccord Genuity's George Gianarikas discusses. And, several regional banks are set to report earnings today as investors focus on deposit levels amid higher rates. Piper Sandler's Stephen Scouten lays out his expectations.
44:5219/10/2023
Netflix Earnings Expectations, Tesla Results on Tap, and Economic Data vs. the Fed  10/18/23

Netflix Earnings Expectations, Tesla Results on Tap, and Economic Data vs. the Fed 10/18/23

Netflix reports earnings after the close today. Citigroup's Jason Bazinet lays out the one metric to watch. Plus, Tesla's results are also on deck amid concerns about demand and margins. Roth Capital's Craig Irwin discusses his expectations. And, the latest string of positive economic data could complicate matters for the Fed. Van Lanschot Kempen's Anneka Treon and Gabelli Funds' Chris Marangi explain.
44:3618/10/2023
What to Expect From Bank of America and Goldman Sachs’ Q3 Results; Why Fundstrat’s Tom Lee Likes This Company that Builds the Infrastructure of the Web; Navigating Through Uncertainty From Washington to Israel and China 10/17/23

What to Expect From Bank of America and Goldman Sachs’ Q3 Results; Why Fundstrat’s Tom Lee Likes This Company that Builds the Infrastructure of the Web; Navigating Through Uncertainty From Washington to Israel and China 10/17/23

Nancy Prial of Essex Investments, which owns shares of the big banks, discusses the top issues facing Bank of America and Goldman Sachs ahead of their Q3 earnings.  Plus, Fundstrat’s Tom Lee remains bullish on the markets, but says there’s still some uncertainty to work through for stocks to push higher.  And, Stifel’s Brian Gardner lays out what President Biden aims to achieve with his visit to Israel, and whether Jim Jordan has a clear path to become House Speaker.
43:5917/10/2023
Worldwide Exchange 10/16/23

Worldwide Exchange 10/16/23

“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 conversations with key leaders, analysis of business and investor trends, and impact across international markets.
44:5416/10/2023
Bank Earnings on Tap, Consumer Spending Pressures, and Investing With Higher Rates  10/13/23

Bank Earnings on Tap, Consumer Spending Pressures, and Investing With Higher Rates 10/13/23

Several banks kick off earnings season today as concerns about loan growth and deposit levels weigh. Argus Research's Stephen Biggar explains. Plus, more than half of executives believe credit card pressures will impact consumer spending in the coming months. Build-A-Bear CEO Sharon Price John discusses what her company is seeing. And, looking to lock in some gains within a higher-for-longer environment? Gilman Hill Asset Management's Jenny Harrington and GLJ Research's Gordon Johnson give their top stock picks.
44:5413/10/2023
The Global Software Market, Rates vs. Revenue, and the S&P 500's Bottom  10/12/23

The Global Software Market, Rates vs. Revenue, and the S&P 500's Bottom 10/12/23

The global software market is projected to grow by $1.35 billion by 2027. Braze CEO Bill Magnuson discusses what his company is seeing. Plus, how do higher rates impact capital expenditure? Einride CEO Robert Falck weighs in. And, it's been one year since the S&P 500 bottomed out at 3,577. Washington Cross Advisors' Kevin Caron, Apex Financial's Lee Baker, and G Squared Private Wealth's Victoria Greene explain.
44:5212/10/2023
The Israel-Hamas Conflict, House Speaker Vote, and Pension Fund Investments  10/11/23

The Israel-Hamas Conflict, House Speaker Vote, and Pension Fund Investments 10/11/23

Israel enters its fifth day of conflict with Hamas. Perion Network CEO Tal Jacobson discusses his company's response to the situation. Plus, Republicans are set to pick their next candidate for House Speaker today. Beacon Policy Advisors' Stephen Myrow explains. And, pension funds are sitting on the sidelines when it comes to the significant runup in rates. New York City Retirement System's Steven Meier discusses.
44:4811/10/2023
The Conflict in Israel, Pepsi Earnings on Tap, and Housing Check  10/10/23

The Conflict in Israel, Pepsi Earnings on Tap, and Housing Check 10/10/23

The conflict in Israel enters its fourth day today as thousands of citizens evacuate the region. WalkMe CEO Dan Adika describes what it's like operating in Tel Aviv. Plus, Pepsi reports earnings this morning as the stock underperforms the broader consumer staples sector. Professional Advisory Services' Jeremy Goldberg explains what he's expecting as a shareholder. And, one part of the economy significantly impacted by higher rates is housing. Moody's Analytics' Cristian DeRitis explains.
44:3410/10/2023
Israel's Biggest Conflict in More Than 50 Years  10/09/23

Israel's Biggest Conflict in More Than 50 Years 10/09/23

Investors around the world are following what's being described as the biggest conflict in Israel in more than 50 years. Ambassador Lincoln Bloomfield gives the latest. Plus, the unrest in Israel is sending the price of oil surging after crude's worst week in months. Energy Aspects' Amrita Sen discusses. And, surging rates continue to put pressure on stocks. TD Securities' Gennadiy Goldberg explains.
45:3209/10/2023
September Jobs Report, High Rates vs. Stocks, and the Volatile Trading Week  10/06/23

September Jobs Report, High Rates vs. Stocks, and the Volatile Trading Week 10/06/23

The monthly jobs report is out today, with economists expecting employers to have added 170,000 jobs in September. Aetrex Worldwide's Matt Schwartz describes the employment landscape in his industry. Plus, high rates continue to put pressure on stocks. Federated Hermes' Steve Chiavarone and F/M Investments' Alex Morris explain. And, how will the markets close out what's been a volatile trading week? CIC Wealth's Malcolm Ethridge weighs in.
44:4906/10/2023
Constellation Brands Earnings, Treasury Yields vs. Stocks, and Yesterday's Market Rally 10/05/23

Constellation Brands Earnings, Treasury Yields vs. Stocks, and Yesterday's Market Rally 10/05/23

Constellation Brands reports earnings this morning, offering insight into consumer spending trends. Optimize Advisors' Mike Khouw tees up the results. Plus, surging Treasury yields continue to put pressure on stocks. Palisade Capital Management's Dan Veru explains. And, does yesterday's rally have more room to run? Vital Knowledge's Adam Crisafulli weighs in.
44:2105/10/2023
More Strike Actions, Sliding Oil Prices, and Surging Treasury Yields 10/04/23

More Strike Actions, Sliding Oil Prices, and Surging Treasury Yields 10/04/23

A growing number of unions are striking across the country. Former Acting Labor Secretary Seth Harris and American Enterprise Institute's James Pethokoukis explain. Plus, Ice Brent continues to trade at its lowest level in three weeks. RBC Capital Markets' Helima Croft discusses. And, surging Treasury yields are putting pressure on the broader markets. Silvercrest Asset Management's Robert Teeter and Truist Advisory Services' Keith Lerner lay out what's ahead.
44:2604/10/2023
Recession vs. Soft Landing, Consumer Staples: Bull vs. Bear, and Bonds vs. Stocks 10/03/23

Recession vs. Soft Landing, Consumer Staples: Bull vs. Bear, and Bonds vs. Stocks 10/03/23

The debate around whether the Federal Reserve can pull off a soft landing is heating up. Citi Global Wealth Management's Steven Wieting and Bank of America's Aditya Bhave discuss. Plus, the consumer staples sector has been underperforming the broader market so far this year. Miller Tabak & Co.'s Matt Maley and Horizon Investments' Scott Ladner give the bull and bear cases for the sector. And, surging Treasury yields are putting pressure on stocks. UBS Global Wealth Management's Mark Andersen and Defiance ETFs' Sylvia Jablonski explain.
43:5203/10/2023
Trading the Techincals, Oil’s Wild Month, and the Outlook for Stocks 10/02/23

Trading the Techincals, Oil’s Wild Month, and the Outlook for Stocks 10/02/23

Stocks may be nearing a technical inflection point to start the new trading quarter. Bank of America’s Stephen Suttmeier explains. Plus, oil prices are coming off a wild month as concerns about China and Saudi Arabia mount. Again Capital’s John Kilduff discusses. And, what’s the outlook for the markets into year-end? The Glenview Trust Company’s Bill Stone and G Squared Private Wealth’s Victoria Greene weigh in.
43:5302/10/2023
SAP's AI Copilot, A Government Shutdown, and Q4's Best Ideas  9/29/23

SAP's AI Copilot, A Government Shutdown, and Q4's Best Ideas 9/29/23

SAP is launching a new generative AI copilot tool to boost productivity and efficiency. SAP CEO Christian Klein explains. Plus, lawmakers have less than two days to avert a partial government shutdown. Strategas' Jeannette Lowe discusses. And, as investors gear up for Q4, what stocks should outperform? GLJ Research's Gordon Johnson gives his top pick.
44:5529/09/2023
Nike Earnings on Tap, Mega-Cap Tech's Slide, and the U.S. Latino Economy  9/28/23

Nike Earnings on Tap, Mega-Cap Tech's Slide, and the U.S. Latino Economy 9/28/23

Nike reports earnings today amid a double-digit decline in the stock so far this year. Oppenheimer's Brian Nagel previews the results. Plus, mega-cap tech stocks are also under pressure due to concerns about rising rates and regulatory scrutiny. Wedbush's Dan Ives discusses the outlook for Q4. And, a new report shows the U.S. Latino economy is continuing to grow. Palladium Equity Partners' Marcos Rodriguez explains why he's investing in companies within that economy.
44:5728/09/2023
Apple Bulls vs. Bears, the Read on Regional Banks, and Stock Plays in Q4  9/27/23

Apple Bulls vs. Bears, the Read on Regional Banks, and Stock Plays in Q4 9/27/23

Apple is on track to end the month lower due concerns about sales, China, and regulation. Neuberger Berman's Daniel Flax and D.A. Davidson's Tom Forte give the bull and bear cases on the stock. Plus, nearly $270 billion of leveraged loans are at risk of default amid rising rates. Jack Henry & Associates CEO David Foss explains what he's seeing with his business. And, looking to lock in some gains for the fourth quarter? G Squared Private Wealth's Victoria Greene gives her top stock pick.
44:5227/09/2023
Rising Consumer Stresses, Stocks in Q4, and the Markets' Continued Slide  9/26/23

Rising Consumer Stresses, Stocks in Q4, and the Markets' Continued Slide 9/26/23

The potential for a soft landing is facing pressure amid rising consumer stresses. Jefferies' Corey Tarlowe explains. Plus, which stocks are best positioned going into the fourth quarter? CIC Wealth's Malcolm Ethridge gives his pick. And, markets are poised to give back yesterday's gains, with futures pointing towards a lower open. Oppenheimer Asset Management's John Stoltzfus and RBC Capital Markets' Amy Wu Silverman discuss.
44:2226/09/2023
Final Week of Q3, Best Stock Ideas, and Wall Street’s Agenda On Tap  9/25/23

Final Week of Q3, Best Stock Ideas, and Wall Street’s Agenda On Tap 9/25/23

Markets are kicking off the final week of Q3, with all three indices poised to end the quarter in the red. WisdomTree’s Jeremy Schwartz explains. Plus, missed out on the year-to-date rally and hoping to lock in some gains? Franklin Mutual Advisers’ Katrina Dudley gives her best stock idea. And, there’s a busy agenda on tap for Wall Street, but is last week’s selling a tell for this week’s action? Veritas Financial Group’s Greg Branch weighs in.
44:3925/09/2023
UAW Strike Deadline, Surging Yields vs. Falling Stocks, and the Final Trading of the Week  9/22/23

UAW Strike Deadline, Surging Yields vs. Falling Stocks, and the Final Trading of the Week 9/22/23

The clock is ticking towards the United Auto Workers' noon deadline today for "serious progress" from Ford, General Motors, and Stellantis. American Enterprise Institute's James Pethokoukis explains what's at stake. Plus, surging yields are sending stocks to their lowest levels in months. Principal Asset Management's Seema Shah discusses. And, what's ahead for the final trading day of the week? CFRA Research's Sam Stovall weighs in.
44:2822/09/2023
FedEx Shares Popping, Higher For Longer, and a Lower Market Open  9/21/23

FedEx Shares Popping, Higher For Longer, and a Lower Market Open 9/21/23

FedEx shares are moving higher on an EPS beat and a raise to full-year guidance. Bernstein's David Vernon explains. Plus, investors are digesting the latest Federal Reserve policy decision, where they paused interest rate increases but signaled the potential for another hike this year. Freedom Capital Markets' Jay Woods and RBC Brewin Dolphin's Janet Mui discuss. And, the markets are pointing to a lower open following back-to-back losses yesterday. Capital Wealth Planning's Kevin Simpson lays out the trading day ahead.
44:5721/09/2023
The Fed's Latest Decision, A Looming Government Shutdown, and a Cooling Housing Market  9/20/23

The Fed's Latest Decision, A Looming Government Shutdown, and a Cooling Housing Market 9/20/23

The latest Federal Reserve monetary policy decision is due out this afternoon, where they're expected to hold rates steady. Apollo Global Management's Torsten Slok previews the outcome. Plus, Congress now has 11 calendar days to pass a short-term measure to avert a government shutdown. Raymond James' Ed Mills discusses what's at stake. And, high prices, record mortgage rates, and low inventory are putting pressure on the housing market. Housing Wire's Logan Mohtashami explains.
44:5620/09/2023
The Fed's Monetary Policy Meeting, Instacart's IPO, and Mastercard Holiday Sales Forecast  9/19/23

The Fed's Monetary Policy Meeting, Instacart's IPO, and Mastercard Holiday Sales Forecast 9/19/23

The Federal Reserve kicks off its two-day monetary policy meeting today, where they're widely expected to hold interest rates steady. Morgan Stanley's Ellen Zentner discusses. Plus, Instacart is set to begin trading on the Nasdaq this morning following Arm's successful IPO last week. Cleo Capital's Sarah Kunst and SW Retail Advisors' Stacey Widlitz give their expectations. And, Mastercard is out with its Holiday Sales Forecast, estimating retail sales to grow by 3.7%. Mastercard Economics Institute's Michelle Meyer dives into the report.
44:3619/09/2023
Oil's Win Streak, the UAW Strike, and Wall Street's Week Ahead  9/18/23

Oil's Win Streak, the UAW Strike, and Wall Street's Week Ahead 9/18/23

Oil is riding a three week win streak and hovering near its highest level in 11 months. Bank of America's Francisco Blanch explains. Plus, the United Auto Workers' strike is now in its fourth day with no immediate resolution in sight. Moody's Analytics' Mike Brisson discusses what's ahead. And, investors are gearing up for a busy week on Wall Street, with a key focus on the next Federal Reserve policy decision. Blanke Schein Wealth Management's Robert Schein and Matrix Asset Advisors' David Katz break down what this means for the markets.
46:4518/09/2023
UAW Strike, the Fed’s Next Move, and Triple Witching Day.  9/15/23

UAW Strike, the Fed’s Next Move, and Triple Witching Day. 9/15/23

For the first time ever, the United Auto Workers union is striking at all three Detroit automakers. Jefferies’ Philippe Houchois and Harvard Law School’s Sharon Block explain. Plus, Wall Street is all but certain that the Federal Reserve will pause interest rate hikes at next week’s meeting. UBS Global Wealth Management’s Mark Haefele discusses. And, the markets will likely experience volatility today with $3.4 trillion worth of options contracts set to expire. CIC Wealth’s Malcolm Ethridge dives into the trading day ahead.
44:4115/09/2023
Arm Begins Trading, UAW Strike, and Investing in China  9/14/23

Arm Begins Trading, UAW Strike, and Investing in China 9/14/23

Arm begins trading on the Nasdaq today at $51 a share. MSA Capital's Ben Harburg and Bernstein's Sara Russo discuss. Plus, the clock is ticking for the UAW to reach a deadline with Detroit automakers ahead of the deadline tonight. Anderson Economic Group's Patrick Anderson weighs in on what's ahead. And, more firms are pulling investments out of China due to the business environment, slumping economic recovery, and ongoing political tensions. Council on Foreign Relations' Zongyuan Zoe Liu explains.
44:5214/09/2023
August CPI, Apple's Product Lineup, and Recession Expectations  9/13/23

August CPI, Apple's Product Lineup, and Recession Expectations 9/13/23

The big market story of the morning is the August CPI print. Van Lanschot Kempen's Anneka Treon and Decatur Capital's Degas Wright discuss. Plus, Apple has unveiled a lineup of new products, including the iPhone 15 and a new Apple Watch. D.A. Davidson's Tom Forte breaks down the impact on the stock. And, despite dwindling recession expectations, investors have been forced to re-evaluate their finances. Leavell Investment Management's Andrew Grinstead explains.
44:3713/09/2023
Google's Anti-Trust Trial, Rising Risk to Markts, and UPS' Financial Update  9/12/23

Google's Anti-Trust Trial, Rising Risk to Markts, and UPS' Financial Update 9/12/23

Google faces the Department of Justice today over anti-trust concerns. Evercore ISI's Mark Mahaney weighs in on the trial's impact on big tech. Plus, JPMorgan CEO Jamie Dimon says, while economic conditions are strong right now, there is risk ahead. New Street Advisors Group's Delano Saporu and G Squared Private Wealth's Victoria Greene discuss. And a new investor presentation from UPS details the financial impact of the new Teamsters contract. UPS CEO Carol Tomé explains in an exclusive interview.
44:5012/09/2023
Oracle Earnings, Biden’s Trip to Vietnam, and Key Inflation Data  9/11/23

Oracle Earnings, Biden’s Trip to Vietnam, and Key Inflation Data 9/11/23

Oracle reports earnings after the close today, with investors expecting double-digit cloud revenue growth. Bernstein’s Mark Moerdler previews the results. Plus, President Biden is wrapping up a visit to Vietnam today after attending the G20 Summit in India this weekend. Center for Strategic and International Studies’ Erin Murphy discusses. And, it’s a busy week on Wall Street ahead of the August CPI print on Wednesday. Howard Capital Management’s Vance Howard and Gabelli Funds’ Chris Marangi explain.
44:3811/09/2023