The Exchange

Kelly discusses predictions about the stock market for 2023...and whether anybody actually knows anything. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

All three major averages on pace for their worst year since the Great Financial Crisis, but there’s one thing that could bring the bulls back, says Potomac Wealth Advisors’ Mark Avallone. Energy the only sector to end the year in the green, up 58%, but that run could be poised to end. We tell you why. And the ad spending slowdown wreaking havoc across media of all stripes, will 2023 bring more pain? A digital ad exec weighs in. Plus, Art Cashin returns to the NYSE floor for a New Year’s tradition! Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks are higher today, nearly erasing this week’s losses for the Dow and S&P 500. But with the 2-year yield climbing back toward 4.4%, are short-term bonds the better bet? We’ll explore. Plus, Goldman Sachs warns that China’s earlier-than-expected reopening could actually disrupt the supply chain even further. We’ll dig into the potential economic fallout. And, 2022 was the worst year for IPOs in more than 3 decades. We’ll ask an expert why he believes 2023 may not be an better. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Kelly highlights the vast amount of wealth erased by stock market and other losses this year. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Thousands of travelers are still stranded, as Southwest flight cancellations near 16,000 in the past week. We’ll get the latest details, and tell you which stocks are most affected. Plus, Tesla is having its worst month…quarter…AND year on record. But one investor say it’s still not cheap! He’ll tell us why, and which names he’s buying here too. And, forget the “Great Resignation”…2022 was the year of “Great Regret.” So what kind of job market are we heading into next year? Our own Sharon Epperson brings us the verbal cues. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Kelly highlights an emerging technology that could upend society as we know it. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Bond yields are on the rise to start this shortened trading week. But why are they up so much if all the talk is about inflation “peaking”? We’ll explore. Plus, China is easing Covid policies, and even welcoming travelers as a way to boost its economy. We’ll discuss the ripple effects for the global market. And, 2022 has been a sour year for Apple, with shares falling more than 25%. But Citi has 6 reasons it could trade higher next year. The analyst behind the call joins us. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Kelly explains what’s at stake for YouTube’s quest for the NFL Sunday Ticket. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Kelly explains the ramifications of regulators classifying crypto tokens to be securities. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Kelly explains the difficult tightrope of trying to regulate crypto industry. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

We’re seeing some macro confusion for the markets, as inflation has come down, yet not down far enough. While growth is also slowing, but apparently not by enough. So how do you position here? We’ll explore. Plus, speaking of confusion – what are semiconductor stocks signaling right now? And should you scoop them up to lead a Tech comeback in 2023? We’ll ask our experts. And, long-time Tesla bull Dan Ives just lowered his price target on the stock, saying Elon Musk is asleep at the wheel. But he’s still a buyer! He’ll join us to make his case. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

David Tepper was famously long on the Fed-driven market of the last decade. But now, he says he’s “leaning short” on stocks because of it! We’ll look at why, and whether he’s right. Plus, we have more details on the FTX bankruptcy scandal, and its impact on the entire crypto space. We’ll speak with one expert who remains bullish on the space, and will explain her case. And, from a ‘perfect storm’ in the retail sector, to an actual storm that could derail your travel plans, we’ll hear from retail legend Mickey Drexler about all of that. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks are getting a lift from better-than-expected earnings today. Consumer confidence also beat expectations. But housing is stuck in a deep freeze, and the Fed and markets are still on 2 different pages for 2023. We’ll explain why, and what it means for you. Plus, rising rates have crushed mortgage lenders. The CEO of Rocket Companies joins us to discuss what his company is doing to soften the blow. And, there could be big changes coming to your 401k, courtesy of Congress and its $1.7 trillion funding bill. We’ll tell you all you need to know. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Investors got an early morning shocker from Japan. We’ll explain why it has rates climbing globally, and whether or not it means central banks are losing their grip on markets. Plus, Carter Worth warned us away from high-flying consumer stocks yesterday. But today, we’ll hear from another investor who says it’s time to bet on the consumer in 2023. And, 3 months ago FedEx kicked off a market scare by warning of a global recession. As they get to report earnings again today, what should investors brace for now? We’ll explore that & Nike earnings on deck in ‘Earnings Exchange.’ Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Kelly explains why the Fed has a difficult balancing act ahead in 2023. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

We’re kicking off a new week with stocks trading a bit heavy. The Nasdaq is down more than 1% today, and 30% this year. But we’ll hear from one investor who thinks that will turn around in 2023. Plus, Apple has reportedly dropped out of the bidding for the NFL’s ‘Sunday Ticket’ package. So who will get the rights? We’ll bring you that, plus other media predictions for the new year. And, Carter Worth joins us to reveal his chart of the year for 2022…plus a stock he sees going up from here in 2023. Don’t miss it. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Kelly explains why a recession could actually be better for so-called “blue collar” workers than others. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

While inflation may be cooling, one top economist sees a bigger problem the Fed needs to tackle to get the economy back on track. The biggest options expiry in two years...we read the sentiment tea leaves to see if Santa Claus is coming to Wall Street this year. Plus, an inside look at Dollar General's big bet on the affluent consumer. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Kelly explains why for the first time in a long time, the “TINA” trade is offering real returns. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

It’s an ugly day for stocks, as the hawkish Fed was followed by bad data on retail sales & manufacturing. As the disconnect between the Fed and markets grows: who’s got it right? And how do you position from here? We’ll tackle it all. Plus, we’ve had a ton of great news for the airlines lately. So why aren’t investors buying in? We’ll debate whether or not the market is too bearish, and will get some top picks for 2023. And, Don Peebles called the impending carnage in office real estate months ago…but called it a big opportunity, too. He joins us with an update as REITs remain a pressure point in the market. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

We’re just an hour away from the latest Fed decision on interest rates, and markets are expecting a half-point hike. But will it seal the deal on a recession? Or will the FOMC hand us a dovish surprise? We’ll explore all that’s at stake, and what it means for you & your money. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Dow was flying high after today’s cooler-than-expected CPI report first came out. But it’s now turned negative, giving up a more than 700 point gain. With the next Fed decision in just 24 hours, what does it say that we can’t hold this rally up? We’ll explore, and explain what it all means for you and your money. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

If the economy does head into a recession, it will be unlike many we’ve seen before in one important way: the Fed can’t come to the rescue like it usually does. We’ll look at why, and what it could mean for markets. Plus, the housing market is getting a bit of a reprieve, as mortgage rates pull back from their highs. So why aren’t more buyers ready to jump in? We’ll explore. And, Sam Bankman-Fried is set to testify before Congress tomorrow, as investors flee the crypto space. The CEO of Strike will join us with what he thinks investors are getting wrong here. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks have turned higher on the day, but are still lower for the week. And the Fed’s next decision on rate hikes is just a few days away. Can they still engineer a soft landing? Or is a recession unavoidable? We’ll debate. Plus, it’s “game on” for Microsoft in its battle against the FTC. We’ll explain what the government’s tougher stance means for the future of M&A. And, we’re continuing to look at other ways to invest, turn a profit and maybe have some fun too. Today we’re focusing on wine & whiskey, and you won’t want to miss it! Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

There’s been a spectacular collapse in oil prices this year, as crude hovers just over $72 per barrel after a 10% drop in the past week. Gas prices are also plunging, heading below $3 per gallon across the country. And yet the Energy sector is still up 50% this year. Is it time to bail? We’ll debate. Plus, the plunge in fuel prices has been another headwind for shares of Tesla, which is down more than 50% this year. Do the charts suggest it’s about to take off again? We’ll check.And, there’s some key earnings on tap, with Costco, RH & Lululemon all out with results after the bell. We’ll give you the action, the story and the trade on each in Earnings Exchange. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Better news on inflation has yields down and stocks up. Jefferies’ David Zervos says the worst is now over, and the Fed’s credibility also remains intact. He’ll join us in studio to make his case. Plus, Academy Sports + Outdoors is up double digits after earnings today. The company’s expansion plans are also in full swing, despite recession fears. The CEO will join us to explain what’s working. And, Amazon is the only mega cap stock that’s negative over the past month, and it’s lost half of its value this year. Is this an opportunity to buy in? We’ll have a bull vs. bear debate. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks are lower again today, as key yield curves keep getting more deeply inverted. J.P. Morgan CEO Jamie Dimon says we’ve never lived through a time like this. So how should you invest? We’ll ask an expert. Plus, the housing market is rapidly slowing, and the CEO of Equifax says we’re already in a mortgage recession. We’ll dive into the data, and explain just how quickly things have changed. And, the Georgia Senate Runoff is officially underway. The race is close, and the result is critical. We’ll explain why a 51-49 Senate is much different for business than a 50-50 split. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks are falling again today, on fears that Fed tightening will lead to a recession. But could they still engineer a ‘soft landing?’ We’ll hear from someone who says ‘yes’ – if they stop raising rates right now. Plus, OPEC isn’t increasing oil production, as the price cap on Russian oil is set to go into effect. Will it make the U.S. an even bigger player in the global energy market? We’ll explore. And, our technician will reveal the one stock chart he says looks good right now – almost TOO good. He’ll explain why, and where he’s investing now. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The November jobs report came in hotter-than-expected, and stocks don’t seem to like it. Are we back to “good news” being “bad news” for markets? We’ll debate. Plus, farmland is slowly becoming a hot asset class and inflation hedge. We’ll explain what makes it attractive to investors, and how you can add it to your portfolio. And, we’re at a very critical point for the energy market, with some important events on deck. We’ll look at the week ahead and how it could all play out. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Markets are lower once again today, as investors debate the path of the economy ahead of tomorrow’s jobs report. We’ll get a preview of the numbers. Plus, we’ll speak with one investor who says no matter what happens with the economy, you should “always bet on growth.” And, if the economy has you concerned about stocks, maybe consider investing in handbags & sneakers. We’ll look at that market as part of our ‘Alternate Investment’ series. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks have been living in fear of Jerome Powell this week, as the Fed Chair is set to speak at the Brookings Institution. Wall Street is waiting to hear if he might say the markets have gotten ahead of themselves in looking for an end or slowdown of interest rate hikes. We’ll explain what it all means for you and your money as we lead up to his live remarks today. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks are struggling to bounce back following yesterday’s big selloff. There are a lot of worries still hanging over the market, including China’s “Covid chaos.” We’ll get a live report from Beijing. Plus, Fed Chair Jerome Powell is also looming large over markets, with a big speech planned for tomorrow. Bond yields are way down since the last FOMC meeting. Is Powell about to remind the markets about “higher for longer” too? We’ll explore. And, there’s one more threat hanging over the economy: a looming rail strike. President Biden is pushing Congress to end it, but if it drags on, is there an opportunity to buy the trucking stocks? We’ll ask an expert for his advice. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

With protests erupting across China over Covid lockdowns, we look at the impact on the global economy and what it means for Xi’s leadership. Worried that the Santa Claus Rally won’t show up this year? One stock-picker tells us why old, big tech is the way to go if you’re looking for protection. And energy is the best performing sector this year, but one technician still sees room to run in the refiners and brings us the names he says are going higher. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks are muted today ahead of the latest Fed minutes. But are we about to see a period of real strength in the markets? We’ll speak with an expert who says ‘yes,’ and has 3 names to buy now. Plus, Mastercard’s Global Chief Economist joins us with the trends he’s seeing as we head into the holiday shopping season, including a big comeback for department stores. And, Bob Iger’s return to Disney came as a big surprise, but one theory suggests his next move could be even more shocking. We’ll bring you the latest details. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks are rising today, one year to the day from the Nasdaq’s all-time high. What’s next for the averages as we near the year-end? We’ll explore. Plus, a shortage of the world’s most critical fuel is sending tanks nearly empty and prices higher. We’ll hear from an expert who expects a $100 billion hit to the economy. And, as the crypto universe seemingly crumbles around it, will Coinbase survive…or even thrive? We’ll have a Bull vs. Bear debate on the stock. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

It’s the busiest travel week of the year in the US and Frontier Airlines CEO Barry Biffle gives us his demand expectations and a warning for those still waiting to buy a holiday ticket. Oil prices swing wildly after the Saudis deny reports that OPEC+ will announce production increases. We make sense of the crude confusion with Amena Bakr of Energy Intelligence. Plus, Stifel CEO Ron Kruszewski has an idea for the SEC about regulating crypto…and the rule is already on the books. Hosted by Simplecast, an AdsWizz company. See https://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 https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The American rail system could be thrown into disarray as soon as December 5, just in time for the busy holiday shipping season. The CEO of the American Association of Railroads tells us why he’s confident a deal will get done before that strike deadline. Zillow Co-Founder Spencer Rascoff on where he expects home prices to fall the most and why there’s a silver lining in today’s market versus 2007’s. And from rising food costs to changing consumer behaviro, the CEO of Dickey’s Barbecue Restaurants gives us a peek at the back of the house. Plus, the one semi stock you need to own right now. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Muddy Waters founder and famed short-seller Carson Block joins The Exchange exclusively with his newest short position. He also shares his outlook for the crypto industry amid the FTX fallout. Plus, if you’re among the many investors dealing with losses in crypto, we’ve got some strategies on how to minimize your tax bill. And, Deutsche Bank says the “future is bright” for the solar group. The analyst behind that call joins us with her top picks in the space. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks popping on a cooler-than-expected PPI number, but one strategist says much like the reaction to CPI data, the markets are reacting too wildly. He tells us why and where he’s putting money to work. A double upgrade for Netflix from Bank of America’s new analyst…what’s got her so excited about the new ad tier. And Walmart crushed its third quarter, will TJX and Target follow suit? We’ve got the action, the story and the trade on both ahead of their reports. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Markets taking a bit of a breather today but could we see a year-end rally? We’ll get a technical take, and look at where the opportunities are for the remainder of 2022. Plus, two retail rivals…Walmart and Target on deck to report earnings, and according to Cowen, one of them is better positioned to win the holidays. The analyst behind the report joins us to make his case. And, President Biden and President Xi meeting face-to-face at the G-20. We have the key takeaways, and whether now is the time to invest in China. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Investors still processing Thursday’s massive rally, but what exactly was it? Just some knee jerk reaction to a slightly better CPI print and hopes for a Fed shift? Or a real turn in sentiment to the upside? Plus, the latest on the FTX Bankruptcy. How did some of the world’s most sophisticated investors miss…everything? And how big could the fallout end up being? And the China conundrum. They seem to be relaxing some of the strict covid policies, but is it a good bet to invest there? We’ll discuss. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Inflation is cooling, and stocks are heating up! Key data is now suggesting the Fed may start to back off of rate hikes. We’ll look at where we could go from here, and how to position. Plus, FTX’s collapse continues, with its founder now facing all kinds of questions. And the fallout is reverberating throughout all of crypto. But is the worst behind us, or still to come? We’ll explore. And, just how much are rising rates hitting the housing market? We’ll speak with the CEO of WaFd about the mayhem in the mortgage market, and where the lending industry is headed next. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks are lower today, as some key earnings reports disappointed and control of Congress remains unclear. We’ll dive into it all for you. Plus, how far reaching is FTX’s liquidity crunch? And who’s on the hook for losses? We’ll explore what it all means for the future of crypto, and more. And, Volkswagen is bullish on EVs, predicting the U.S. will be a major player by 2030. We’ll speak with the company’s new America Group CEO about how it’ll reach that goal. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Election Day is here, and we’ll look at the possible scenarios coming out of the Midterms and what they could mean for markets and your money. Plus, the Dow is coming off its best October ever, but one market expert isn’t sold the pain is over just yet. He’ll explain why he sees a dip coming, and what you should be buying when it does. And, a massive bailout is underway for one of the world’s biggest Crypto exchanges. We’ve got the latest details on the bizarre story playing out for FTX. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Two tech titans taking a hit. We look at what Apple’s production warnings and Meta’s reported layoffs mean for the overall markets, and for your money. Plus, one energy CEO’s dire warning on natural gas supplies, and what he’s asking the White House to do about it. And, we have the story, and the trade on Lyft, TripAdvisor, and Norwegian Cruise Line in today’s Earnings Exchange. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The jobs report came in better-than-expected, and stocks are trying to hold up. Are we back to “good news” being good, or is it still “bad news”? We’ll dig in and ask the experts if the markets have finally broken their addiction to the Fed, and what it all means for your money. Plus, we’ll speak with the Executive Director of America’s newly-crowned busiest port about trade, supply chain, labor battles and more. And, we’ve got a special “Fed Wake-Up Call” edition of 3 Buys And A Bail, featuring some beaten-down tech titans trading at a discount. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Fed Chair Jerome Powell’s message of “slower, but not lower” is sending stocks into the red in today’s session, as bond yields rise again. What does it all mean for your money? We’ll look at how to position now. Plus, we’re less than 24 hours away from the crucial monthly jobs report. One expert sees a trend forming that doesn’t bode well for the Fed’s fight against inflation, and he’ll join us to explain why. And, we’ll speak with the CEO of CF Industries about making fertilizer, feeding the world and dealing with higher natural gas costs. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

We’re just minutes away from the latest Fed interest rate decision. The big money question: will Jerome Powell & Co. stay aggressive, or back off? The result could swing stocks big in either direction. We’ll set you up for all of it, as we count you down to the decision. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

We’re just a day away from when the Fed will announce its latest decision to raise rates. And that means your borrowing costs on everything are likely to go up. We’ll look at the impact on your money. Plus, there’s another big event with implications for your wallet – the Midterms. We’ll break down what happens to money & markets in each possible scenario on election day. And, we’ll get you ready for more big earnings reports coming up. We’ve got the action, the story and the trade on AMD & Airbnb ahead of results in ‘Earnings Exchange.’ Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.