The Exchange

Abandon tech at your own peril, according to our market guest. He’ll join us with the two names to consider from here. Plus, Nvidia’s announcing an extended partnership with Databricks. We’ll speak with the CEO about that and the company’s potential IPO. And the CEO of Howard Hughes joins us on why he says the housing shortage will get worse before it gets better. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Our market guest is avoiding the most crowded trades, and betting on what he calls “the most underrated methodology”. He’ll tell us the names he found and opportunities he sees. Plus, Apple is reportedly looking to license Google’s Gemini AI, but is that enough to put Apple back in the AI conversation? We’ll debate. And homebuilder sentiment is finally back in positive territory. We’ll speak with one player doing business in both space. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Next week’s Fed meeting has big implications for investors for the rest of the year. We’ll tell you what could change and what it means for the market. Plus, the National Association of Realtors reaching a settlement that will change the real estate market as we know it. We’ll get the Redfin CEO’s first reaction. And Boeing’s on pace for its worst week since January’s infamous doorplug incident, but one Boeing shareholder tells us he’s sticking with the stock, and joins us to make his case. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The market now sees the Fed’s first rate cut coming in June, but one former NY Fed analyst thinks that’s an overestimate. Plus, the so-called TikTok bill is on its way to the Senate as one billionaire floats a plan to buy the company if it becomes law. We’ll look at the social media landscape and impact on the 2024 election. And Impossible Foods is in the midst of a makeover as it hopes to attract more customers. The CEO joins us with what’s behind the strategy. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks struggling to keep up yesterday’s momentum. We’ll get you up to speed ahead of tomorrow’s inflation and retail sales data. Plus, energy prices moving higher as Ukraine blows up a Russian refinery. Dan Yergin is here to weigh in on the return of energy security and its costs. And Congress is taking the first step toward a TikTok ban. We have what’s next and what it means for cybersecurity going forward. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Today’s inflation print may be pushing Fed rate cuts even further out, with markets now pricing in just a 50% chance in June. We’ll look at how to position and get the results of the 10-year note auction. Plus, Boeing reportedly failed 33 out of 89 FAA product audits, and now the manufacturer’s woes are starting to hit the airlines’ bottom lines. And today is Equal Pay Day, marking the date that symbolizes how far into the year women must work to earn what their male peers earned in the previous year. We’ll look at the salary shortfall and what companies can do to help close the gap. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

With earnings in the rearview mirror, our market strategist brings some buys that coincide with what she thinks will be the next catalyst for the market. Plus, a new cap for credit card late fees, thanks to a new rule from the CFPB. We’ll speak with the director about why it’s a controversial topic for many. And serial entrepreneur Gary Vaynerchuk is here with former TikTok CEO Kevin Mayer to discuss their new media venture targeting children. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks are struggling to hold their initial gains following the stronger-than-expected jobs number, but Fundstrat’s Tom Lee is staying bullish on stocks and tells us where he’s seeing opportunities now. Plus, the latest unemployment rate may have ticked higher but the share of prime-aged women in the workforce climbed to nearly 78% and is hovering near a record high. We’ll look at what it’ll take to get more women into the workforce. And President Biden is calling on higher corporate taxes in his latest State of the Union address. We’ll get a traders take in today’s 3 Buys & a Bail. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

President Biden is expected to go after the wealthy and corporations in his State of the Union address tonight. We’ll look at the challenges and potential impact for business and Wall Street. Plus, Fed Chair Powell is wrapping up his second day of testimony on Capitol Hill. We’ll speak exclusively with Cleveland Fed President Loretta Mester about the central bank’s path forward. And we’ll look at Costco, Broadcom, and Docusign ahead of their reports in Earnings Exchange. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Fed’s not ready to start cutting rates, according to Chair Powell. We’ll break down his first day of testimony on Capitol Hill and what it means for investors. Plus, NYCB is plunging on reports the bank is seeking a major capital infusion. And OpenAI is firing back to Elon Musk’s lawsuit by publishing some of Musk’s emails that appear to contradict what he’s said recently about OpenAI. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Our market guest is rotating out of Nvidia and back into value, and has one name where he expects to see healthy returns. Plus, the Trex CEO joins us with his view of the housing market and how the deck manufacturer is benefitting from home renovation trends. And we’re talking shopping, cybersecurity, and the supply chain in Earnings Exchange before Nordstrom, CrowdStrike, and JD.com report. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The EU slapped Apple with a nearly $2B fine on the same day the tech titan changed its messaging around artificial intelligence. We’ll break down both stories and look at how to be positioned in the stock from here. Plus, could warehouses be the next shoe to drop in commercial real estate? Our analyst has the risks and opportunities in the sector. And as investors prepare for a big week of retail earnings, our trader has three buys and a bail in the space. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

New York Community Bank management described internal controls at the bank as ineffective. We’ll look at what went wrong and speak to the former chief risk officer at Discover. Plus, Elon Musk is suing OpenAI and Sam Altman, but our market guest says she’s ready to buy more Tesla shares on any perceived weakness. And we’ve got a crypto edition of 3 Buys & A Bail, following bitcoin’s monster rally this week. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Today’s key inflation data is still ahead of the Fed’s 2% target, but that’s not stopping our market guest from finding ways to play offense. Plus, from the housing shortage, to onshoring, and America’s aging demographic, our guest has one REIT trade investors can take advantage of. And we’ve got a rare exclusive interview with the CEO of Acushnet, the parent company of Titleist, about the business of golf, what’s driving demand, and the future of the sport amidst all the uncertainty with the PGA Tour and LIV Golf Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Our market guest says investors are paying too much attention to rate cuts and not enough to something else that could become a headwind for global markets. Plus, the CEO of Life Time joins us on the heels of an earnings beat with the company’s strategy amid the weight-loss drug boom. And we’re trading Paramount, HP, Inc., and Birkenstock in Earnings Exchange. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Our economist says the economy is setting up for a goldilocks growth period and joins us to make her case. Plus, the countdown to a partial government shutdown is back on, and it seems that time is the biggest hold up. We’ll speak to a Washington policy analyst to explain. And we’ve got the action, the story, and the trade for First Solar, Lemonade, and SquareSpace on today’s Earnings Exchange. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Economists are increasingly sure a recession can be avoided. We’ll look at what that means for the Fed’s rate cut timeline and the markets. Plus, Amazon is now part of the Dow Jones Industrial Average, and that’s one of the reasons our guest sees another 30% upside from here. And three more names on deck to report, including one our trader says has been left for dead by the market, but may still have some life left in it. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks are treading water after a big run. Is the AI momentum finally starting to slow or just shift to different names? Plus, Live Nation getting a lift after yesterday’s strong earnings. We’ll speak to the CEO about the quarter and the year ahead. And tomorrow marks the 2-year anniversary of Russia’s invasion of Ukraine. We’ll talk to a panel of experts about the geopolitical landscape, the Biden Administration’s new sanctions, and the outlook for defense stocks. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Nvidia proves AI can continue powering big gains and our market guest has some names he’s looking within the AI ecosystem. Plus, our housing guest has the setup for the spring selling season, and we’ll speak with the CEO whose company owns the Empire State Building. And we’re talking content, concerts, and cash in Earnings Exchange with Warner Bros. Discovery, Live Nation, and Block. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

We’ve got a First on CNBC interview with the CEO of Intel on the heels of their big Foundry Event. Plus, how do you trade Nvidia’s earnings ahead of the tech titan’s results? And the Travel + Leisure CEO joins us fresh off the company’s latest results with the travel trends he’s seeing to start the year. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

What if the economy isn’t just avoiding a recession, but getting stronger instead? We’ll debate. Plus, one food stock just served up solid earnings and has been red hot, doubling off its recent low. Its CEO joins us to discuss. And our trader breaks down the narratives and numbers ahead of Toll Bros., Palo Alto Networks, and Wingstop. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Inflation data coming in hot yet again, so what’s next for the Fed? Moody’s Mark Zandi wants four cuts, while Wells Fargo’s Mark Smith sees the possibility of NO rate cuts in 2024. FICO’s software leverages AI to determine a customer’s creditworthiness...but there could be big changes ahead as lawmakers hash out how to regulate that tech. The FICO CEO tells us what’s next. Plus, go around the world in today’s edition of 3 Buys and a Bail. Stephanie Link gives us the trades on India, Japan, Macao and China. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Is the American consumer finally about to crack? Our market guest says there are still ways to make money in the U.S., bring some global plays as well. Plus, retail investors are selling Tesla and buying Nvidia, but one investor says that may be about to change. And we’ve got the action, the story, and the trade for Coinbase, Roku, and Applied Materials ahead of their results. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Will inflation resume its downward trend, or will the so-called “last mile” require a harder landing? We’ll debate. Plus, an exclusive interview with Robinhood CEO Vlad Tenev on the heels of the company’s surprise profit. And EV demand is slowing globally, but one company is looking to capitalize on that and its CEO joins us to explain how. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks are plunging on today’s inflation read. We’ll look at the implications for the Fed and how to position from here. Plus, Grayscale’s global head of ETFs joins us with the latest read on their bitcoin products. And a trio of gig economy stocks set to report. We’ll look at the numbers and narratives to know. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The consumer isn’t cracking yet, but one analyst says the setup for retail earnings is tough nonetheless. She joins us with the one group she says can keep the retail party going. Plus, a lot of brands spent big money during last night’s big game, but the biggest winner may have been those who spent the least. And we’re tackling three names in earnings exchange: Marriott, Vornado, and Waste Management. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

It’s been a big week for chip stocks, and while one name in the group isn’t getting a lot of attention from Wall Street, our market guest loves it. Plus, “Million Dollar Listing New York” star Ryan Serhant is here to weigh in on the spring season for housing. And we’re talking streaming, snacking and spirits in 3 Buys & a Bail. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Needham is upgrading Disney to buy for the first time in five years. The analyst behind that call joins us with what’s behind the decision. Plus, the S&P is nearing a record but our guest is bargain hunting in the beaten-down parts of the market and brings us his favorite names. And Philip Morris’ fastest-growing, tobacco-free product is facing some criticism from Capitol Hill. We’ll speak to an analyst about what it means for the stock, and former FDA Commissioner Dr. Scott Gottlieb for the impact on consumers. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Former Dallas Fed President Robert Kaplan is here with the risks he sees in the regional banks. Plus, Goldman Sachs says forget the Magnificent 7 and makes the case for owning the AI 9. And ESPN, Fox, and Warner Bros are teaming up to launch a sports streaming service, but is it too saturated to succeed? We’ll debate. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

VC Sam Lessin joins us amid more layoffs in tech with the themes he sees emerging in 2024. Plus, we’re halfway through earnings season and we’ve got three names on deck, including one that our trader says is a buy despite getting crushed since the pandemic. And our market guest says the stage is set for solid returns this year. He’ll tell us where he sees the most opportunities. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

More good news on the economy coupled with more pushback on premature rate cuts from Fed Chair Powell is putting investors in a tough spot. We’ll look at how to position. Plus, a unique way to play the AI gold rush, featuring a Top-10 company on CNBC’s Just 100 List. And there’s a new quality concern for Boeing involving its supplier Spirit AeroSystems. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

If there was any hope left for a March rate cut by the Fed, today’s blockbuster jobs report put an end to that. We’ll look at what’s next and how to position. Plus, AI lobbying spiked in 2023 as companies look to influence the federal government’s upcoming guidelines. And with activist investor activity picking up, our trader tells you which stocks are a bail and the ones to pick up because of it. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Goldman Sachs is revising its Fed rate cut forecast. Their chief U.S. economist is here with what’s behind the call. Plus, has the Magnificent 7 become the Terrific 3? One tech investor is going that way and tell us the names he’s sticking with. And the earnings parade rolls on with ExxonMobil, Chevron, Clorox and Skechers in Earnings Exchange. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

We’re in the final countdown for the Fed decision, and our panel disagrees on when the Fed will cut rates and why. Plus, the ripple effects from the Fed’s higher-for-longer mantra will remain with the consumer long after they begin cutting rates. We’ll tell you some of the trouble spots to watch, though there are plenty of red flags in the most recent round of earnings. That’s the subject of today’s Earnings Exchange. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Consumer confidence is at its highest level in more than three years, but the labor market is flashing some caution signs. Former Pimco chief economist Paul McCulley will tell us when he expects the Fed’s first rate cut. Plus, we’re in the thick of earnings season with Alphabet and Microsoft earnings after the bell today. We’ll tell you what to expect. And social media CEOs could be in for a fiery hearing on Capitol Hill tomorrow. We’ll look at who’s taking the stand and who’s noticeably absent. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Fed isn’t expected to cut rates on Wednesday, but our market guest says that’s a big mistake. Plus, North Carolina’s state health plan will stop paying for obesity drug coverage, and that may be good news for one company. We’ll speak with the CEO about why. And Red Sea disruptions could drive demand for one area of the commercial real estate market. We’ll connect the dots and tell you which sector. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Intel plunging on weak guidance, but our market guest still believes in the company’s turnaround story. She’ll tell us why. Plus, we just got the last key data point on the economy ahead of next week’s Fed meeting. We’ll look at whether it’s enough to nudge the Fed toward an earlier cut. And it’s been a bad week for several high-profile names. Our trader is bailing on three of them and buying one she calls seriously cheap. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Alaska Airlines CEO Ben Minicucci joins us for an earnings exclusive fresh off those results. His thoughts on the Boeing Max 9 turmoil and the DOJ’s stance on Alaska’s deal with Hawaiian. Plus, our market guest sees one group of stocks set to outperform despite some warning signs on the horizon. And we’ll break down three names getting ready to report in Earnings Exchange. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The so-called Magnificent 7 trade has created a lot of dislocation in the market, and our guest says that’s a good thing because it’s created a lot of opportunity. Plus, less than 2 weeks after the SEC approved spot bitcoin ETFs, there are two asset managers dominating the flow race. We’ll speak to one of them about that. And a small bank barometer with the CEOs of two regional players. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks moving lower today, but our market guests both say the bulls have the upper hand. Plus, the U.S. expanding strikes in Yemen. We have the latest and a look at the retail group most exposed to Red Sea disruptions. And Netflix is on deck to report earnings. The company may have won the streaming wars, but what about the ad wars? Ad executive Mark Douglas will weigh in. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Listen to the day's top stories, the must reads & a whole lot more for today's modern investor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The S&P 500 just hit a record high, but our market guest says the U.S. is still the place to be for stocks. Plus, a second bullish call for Apple in as many days. Evercore’s analyst will join us with the one event that could be a catalyst for the stock. And the CEO of Sotheby’s International Realty sees Americans who are still buying overseas, and will tell us where. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Spruce Point Capital founder Ben Axler joins us to defend his new short of MSCI. Plus, our market guest has three contrarian trades he says are poised to outperform. And 2024 is already being described by some as the year of the so-called “deepfake election”. We’ll look at what platforms and regulators are doing to defend our democracy. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The latest retail sales data coming in stronger than expected and investors are not too happy about it. We’ll debate whether rates could remain higher for longer. Plus, Chinese cars are flooding the West, but are they a real threat to American automakers? We’ll get one view from Hong Kong. And EY is launching its first-ever deal barometer and the sector where they expect to see the most M&A activity in 2024 will surprise you. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Bank of America’s survey shows overwhelming optimism for a soft landing, but Fed Gov. Waller says not so fast… We’ll look at how to position in this environment. Plus, bank earnings have felt like a gut punch according to our trader, but he’s still buying three and staying away from one. And the CEO of Taylor Morrison joins us with the pulse of the housing market. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Encouraging signs on the inflation front. The market now sees an 80% probability of a rate cut in March. But our market guest doesn’t see that happening. He’ll tell us the other places he’s seeing opportunity. Plus, geopolitical tensions are rising. Houthi forces now vowing to retaliate to last night's US-led coalition strikes in Yemen. So what happens next? We’ll ask former NATO Supreme Allied Commander, Admiral James Stavridis. And we're heading to the intersection of AI and real estate. We’ll tell you three ways investors can take advantage of –what our guest calls– massive opportunities ahead. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

CPI coming in hotter than expected, pushing stocks lower as a result. Could the first Fed rate cut come later than the market expected? Plus, Coinbase CEO Brian Armstrong calls the bitcoin ETF approval a great victory, but our guest predicts the company is in for a big reality check. And a rapid rundown with the RapidRatings CEO: the names on his radar that could be headed for financial trouble. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Boeing CEO Dave Calhoun joins us exclusively for his first interview since a part blew off of a 737 Max 9 aircraft during an Alaska Airlines flight. Plus, our guests say the Fed’s rate cuts could come fast and furious if history is any indication. And stocks tend to outperform during an election year, but could the Fed and inflation play a unique role in this year’s campaign trail? Our guest looks at the factors in play. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks struggling to extend yesterday’s gains but our strategist has one unloved part of the market he says to buy. Plus, The Consumer Electronics Show in Las Vegas is underway, and we’ll hear from the CEOs of Siemens and L’Oreal about their latest endeavors. And Elliott Management is making a billion-dollar bet on one dating company. We’ve got the details and what it reveals about activist investing in 2024.Investment Committee Disclosures Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Citi’s best and worst performing sectors before and after a Presidential election. BMO says Fed cuts won’t be a tide that lifts all boats, especially in the retail sector. Their analyst reveals the particularly rate-sensitive names to buy now.And the CEO of the largest railcar-maker in the US weighs in on the state of freight and the impact of southern border closures. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.