The Exchange

It’s been a roller coaster day for the averages, as the markets close out another volatile week of trading. We’ll cover a bunch of stock picks from every corner of the market, and debate where things go from here. Plus, we’ll take a hard look at the charts to determine whether we’ve gotten the “all clear,” or if the bottom is yet to come. And, we’ll check out the employment picture after another strong jobs report, and explore whether or not Fed Chair Powell needs to put bigger rate hikes back on the table. 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 it’s getting increasingly difficult to react to economic data in this market environment. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The averages are selling off in a big way, on pace for their worst day of 2022 and wiping out yesterday’s huge Fed-fueled relief rally. A 75 basis point rate hike might be off the table, but inflation certainly is not. We’ll cover all the angles, and tell you the best ways to make money right now as we try to make sense of this market, and whether or not the Fed is making a historic mistake. 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 investors are concerned the Fed may not have been hawkish enough at the May FOMC meeting. 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 one hour away from the Fed’s decision on interest rates, with a half-point hike expected to come. But how hawkish will the statement be? And what will Chair Powell say? We’ll cover all the market angles for you. Plus, as the Fed ramps up tightening and rates surge, it seems like the worst time to buy into Growth stocks. But we’ll ask an expert why he believes they’re starting to look attractive, and which headwinds he sees abating. And, it’s not just the U.S. -- central banks are raising rates around the world. We’ll take a trip around the globe looking for potential investing opportunities with longtime investor Mark Mobius. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

A half-point hike is what most are expecting from the Fed tomorrow, but one expert says don’t rule out a 75 bps hike down the road. She’ll join us to explain what else she sees ahead, and where you can find opportunities in the market in the meantime. Plus, as mortgage rates rise, riskier loans are making a comeback. How might this affect the market and economy moving forward? We’ll explore. And, we’ll bring you the story, the action and the trade in AMD, Lyft and Starbucks ahead of results 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.

It’s a new month, and investors are hoping a new start to a new market too. We’ll speak with an expert who insists we’re near the end of this selloff, and will explain why. Plus, we’ll highlight the “6 Pillars of Tech,” from software to 5G wireless. We’ll look at the ‘least bad’ names amid the wreckage and tell you how to trade them here. And, we’re just 48 hours away from a historic Fed decision. Everyone is expecting a half point hike, but David Zervos will explain why the Fed can’t afford to be complacent. 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, with the S&P 500 on track to cap off its worst month since the pandemic first hit. And it comes amid another red-hot inflation reading. If you were hoping the Fed’s hawkishness was peaking, you might have to wait. We’ll explore what it means for markets and your portfolio right now. Plus, Ark Invest’s Cathie Wood joins us live to discuss some of the largest holdings in her Ark Innovation Fund, on the heels of beefing up her stake in beaten-down Teladoc. And, we’ll bring you a special “earnings hangover” edition of 3 Buys & A Bail, where we’ll tell you which stocks to scoop up or ditch after results. 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 in the green again today, despite a surprise drop in GDP. But it’s not last quarter that people are really worried about. We’ll check in with a seasoned economist who says there’s no way the Fed can pull off a soft landing here, and that the coming downturn will be worse than he thought, too. Plus, with how should investors trade big tech names ahead of Q1 results? We’ll give you the story, the action and the trade in Amazon, Intel and Robinhood 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.

Not only are stocks higher today, but the Dow is rising despite a huge drop in Boeing shares post-earnings. But the S&P 500 is still down 6% in the past week. Are U.S. stocks no longer the best game in town? We’ll explore. Plus, looming China Covid lockdowns mean the chip shortage could get worse before it gets better. We’ll tell you who’s most exposed. And, earnings have been all the difference in this market. We’ll look at Meta, Pinterest and Teladoc ahead of results after the closing bell 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 selling off once again today. Yesterday they turned positive in afternoon trading, but today looks like a different story. We’ve got all the angles covered. Plus, while some experts are calling for a recession, others are saying the Fed isn’t tightening enough. We’ll explain why new economic data has some calling for even more hawkishness. And, the Nasdaq is down nearly 3% with a host of big tech earnings on deck. We’ll highlight Alphabet and Microsoft 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.

Stocks and yields are dropping in tandem today, while oil falls as Covid spreads in China. We’ll look at the early fallout, and the ripple effect from the surging U.S. dollar. Plus, all of this is happening amid the fastest Fed tightening cycle in 40 years. Will it be forced to back off those plans, or is this action actually helping achieve its goals? We’ll explore. And, the busiest week of earnings season is now underway. We’ll take a look at General Electric, 3M and Whirlpool ahead of results 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.

Stocks are selling off sharply as yields rise, a day after Fed Chair Jerome Powell signaled a 50 basis point rate hike is on the table. We’ll cover all the angles. Plus, not every sector is down today. Airlines have been a key outperformer, and one analyst says there’s still more upside to come. He’ll join us to explain why. And, with big tech earnings on deck next week, we’ll look at three names to buy and one name to bail on in the space ahead of upcoming results. 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 moments away from hearing Fed Chair Jerome Powell speak live at the IMF roundtable. Will he solidify the case for a 50 basis point rate hike in May? We’ll bring you in as he speaks. Plus, a day after Netflix plunged on major streaming changes, there’s word that CNN+ is shutting down less than a month after launching. We’ll have the latest details. And, we’ll bring you the story, the action and the trade in Snap Inc., American Express and Schlumberger ahead of results 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.

If you thought the action in Netflix looked bad last night, it’s even worse today – now down 37%, and dropping below $100B market cap. Is it too late for the streaming pioneer to turn things around? We’ll talk to the analyst who called this one right -- Needham’s Laura Martin. Plus, is what’s bad for Netflix good for other parts of the market? We’ll speak with an expert who says this makes him even more bullish on energy now. And, we’ll give you the story, the action and the trade in Tesla, United Airlines and Alcoa ahead of results after the closing bell today. 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 commodity prices are signaling about the economy 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.

Stocks are on the rise, despite yields surging higher once again. Is the market rally just a head fake? We’ll debate. Plus, it’s a big win for the airline industry now that mask wearing is optional on flights. But is there more turbulence ahead? We’ll explore. And, the CEO of Lockheed Martin joins us to talk earnings, supply chain and the company’s talks with the Pentagon about sending weapons to Ukraine. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The 10-Year Treasury Yield just hit 2.88%, the highest level we’ve seen since 2018. That means mortgage rates aren’t done going higher, either. And as for stocks? We’ll speak with an expert who says you should dump growth and go for dividend payers right now. Plus, we’ll tell you three Tech stocks to buy and one to avoid in a “rising rates” edition of 3 Buys & A Bail. And, we’ll take a look at the missing link in the clean energy revolution: the power grid. We’ll give you some under-the-radar plays to cash in. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

More than half of Americans believe we’re heading into a recession. And if history is any guide, they’ll likely be proven right. But that history doesn’t include inflation spikes like the one we’re seeing now. We’ve got stock picks for whichever type of market you want to bet on. Plus, as rates rise and the mortgage market slows, we’ll speak with the CEO of Rocket about how his company can make money in this environment. And, our trader is worried about earnings season, seeing potential destruction ahead for some stocks. We’ll get her 3 “Bails” and one “Buy” for investors here. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Inflation just hit a new 40-year high, and the market seems to think the worst of it might be behind us. But is that sentiment premature? And will it change anything when it comes to the Fed’s tightening plan? We’ll discuss. Plus, we’ll speak with the CEO of Paramount Pictures about the box office, streaming wars and if there’s more room to run in the stock. And, we’ll bring you the action, the story and the trade in a big bank, a beaten-down retailer and an airline all set to report 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.

Yields are spiking around the globe, and that continues to be a huge headwind for Tech. The Nasdaq is now down 1,000 points in the past week. But is talk of a recession premature? We’ll speak with an analyst who says even the downturn in the transport stocks isn’t as bad as you might think. Plus, Elon Musk’s Twitter saga has taken a new turn, as he won’t take a seat on the board after all. So where do we go from here? We’ll explore. And, as China’s Covid lockdowns grow, will American companies look to move manufacturing operations elsewhere? We’ll look at the fallout. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

As rates continue to shoot higher, we’ll hear from one economist who says the Fed won’t be able to follow through on its tightening plans. Plus, we’ll do a deep dive on how rising rates are impacting real estate. Could we be at a turning pointing from residential to office strength? We’ll ask Don Peebles. And, earnings season kicks off next week, led by the big banks. But which is a buy, and which is a bail? We’ll ask our trader Gina Sanchez. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The market is still feeling a bit nervous as the Fed gets more aggressive on tightening, and now there’s a new wrinkle they’ll need to digest too. We’ll discuss. Plus, Home Depot & Lowe’s are both down more than 20% this year as rising rates spoil the reno boom. We’ll speak with the analyst that called this home improvement downturn last year. And, today is opening day for Major League Baseball, which also marks the debut of MLB games exclusive to Apple. Will it be a home run, or a strikeout for the tech giant? We’ll debate. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Kelly helps make sense of carnage in the bond market. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The market is flashing plenty of warnings signals, so what’s the right playbook now? We take a look. Plus, as the market braces for an aggressive Fed, we look ahead to the latest fed minutes and what they may tell us about the balance sheet and rate hikes. And taking the pulse of teenagers in America. We look at what they’re buying, eating and sharing-and how to trade the trends. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Some hawkish words from a usually dovish Fed Governor, with Lael Brainard saying inflation is much too high, and the Fed may have to get even more aggressive. We’ll look at the fallout as rates rise. Plus, Elon Musk is joining the Board of Twitter, just a day after disclosing his stake in the company. We’ll speak with an analyst who’s downgrading the stock despite it soaring 30% in 2 days. And, we’ll get a trader’s take on 4 major stocks – 3 to buy here, and one to avoid -- just as earnings season heats up and the yield curve inverts in “3 Buys & A Bail.” 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 this trading environment is unlike anything we’ve seen in the 21st century. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Elon Musk has become Twitter’s biggest shareholder, disclosing a 9% stake worth nearly $3 billion. We’ll speak with one analyst who says the upcoming midterm elections make now the perfect time for Musk to buy in. Plus, Cathie Wood says the Fed is playing with fire, calling it a mistake to raise rates as yield curves invert. Larry Lindsey joins to argue against that logic. And, are these the best or the worst of times for financial stocks? And should you bet on traditional banks or fintech stocks right now? We’ll debate. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The U.S. added 431,000 jobs in March, with the unemployment rate falling to a pandemic-era low of 3.6%. Is the economy on strong footing as the Federal Reserve begins a new rate hiking cycle? We’ll debate. Plus, we’ll speak with one expert who says it’s “absurd” to think raising rates will cause a recession right now. And, we’ll bring you 3 stock picks to consider before earnings season kicks off again in “3 Buys & A Bail.” 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 may need to get even more hawkish from here. 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 might still be too far behind the curve. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

President Biden is expected to speak just minutes from now, as he’s set to order a huge release of oil from our strategic reserves. Could gasoline rebates be next? And would any of this actually help bring pump prices down? We’ll explore all the angles. Plus, we’ll take a hard look at whether or not the Fed can bring down inflation without sparking an economic downturn, ahead of another key jobs report tomorrow. 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 slightly lower, putting their 4-day winning streak in jeopardy today. And while bond yields are reversing higher, there’s technically no inversion of the 2-YR / 10YR spread just yet. We’ll have all the latest details. Plus, there’s still plenty of optimism for crypto, with bitcoin’s price up 10% this week. But is one big whale behind the huge jump? We’ll explore. And, Apple is riding an 11-session winning streak, its longest since 2003. Could investors finally see it close about the $3 trillion mark? We’ll debate. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Just how aggressive is the Fed going to get? We’ll speak with an analyst who expects at least 2 half-point rate hikes in the months ahead. Plus, stocks are continuing their winning streak today, even as yield curves begin to invert. We’ll bring you the latest moves as they happen. And, the U.S. is stepping up with billions of cubic meters of nat gas as Europe looks to remove Russian supply. We’ve got a list of U.S. companies that could benefit. 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 been an ugly quarter for bonds, as the 5-year and 30-year yields have inverted for the first time since 2006. What is the bond market telling us? What do they – and don’t they – know? We’ll take a hard look at how investors should react here. Plus, President Biden just unveiled his $6 trillion budget plan, including a new 20% minimum tax on households worth $100 million+. But can it actually pass? We’ll debate. And, if workers have so much leverage right now, why is unionization seeing such a big resurgence? We’ll explore all the angles of this labor market conundrum. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Kelly makes sense of nastiness in the bond market. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Kelly lays out what might happen if the Fed speeds up its tightening timeline. 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 Fed Chair Jerome Powell has suddenly become much more hawkish. 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.

What can the West do to stop Putin’s attack in Ukraine? Nikita Khrushchev’s granddaughter says as the US and allies sends weapons, not only will that do little to stop Russia’s invasion, it will, in fact, egg Putin on. Blackrock’s Larry Fink says this is the end of globalization. We get a look at what that means for international investors. And the EU and US are cooperating to wean Europe off its dependence on Russian oil…but can the US offer substantial help? Plus, President Biden speaks at NATO Headquarters. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Are rising rates actually good for tech stocks? Despite history pointing to the contrary, we’ll look at why their relationship has just changed for the better. Plus, JP Morgan CEO Jamie Dimon is proposing a “Marshall Plan” for energy. We’ll look at whether something like that is already in the works amid the crisis in Ukraine. And, we’ll ask the CEO of EVgo if America’s charging infrastructure is ready to keep up with surging demand. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The 10-year bond yield hit its highest level in 3 years following Fed Chair Jerome Powell’s hawkish “pivot” yesterday. That has experts calling for more front-loaded rate hikes. We’ll discuss the pros & cons of this new tightening timeline with a former Fed economist. Plus, there’s a growing divide in the staples sector between pandemic winners & losers. We’ll speak with an analyst who has his names to watch and avoid. And, KraneShares is launching a new ETF filled with energy names making the switch to renewables. But what about the oil & gas we need right now? We’ll explore. 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, as Jerome Powell suggested he’s open to a 50bps hike if inflation warrants it. This as markets come off their best week since late 2020. But a key strategist says the Fed has played its cards “perfectly” here, and the market loves a credible central bank. We’ll explore. Plus, Warren Buffett is buying another insurance conglomerate, and Berkshire shares are hitting all-time highs. Is the Buffett way back? We’ll debate. And, a rift is growing between Disney CEO Bob Chapek and his predecessor Bob Iger. We’ll tell you how it started and where things might go from here. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this Conversation, Kelly talks to Mizuho’s Steve Ricchiutto about why he’s skeptical we’re entering a permanently higher inflation period, why he thinks it would be a mistake for the Fed to shrink the balance sheet while hiking rates, and the reasons why the jobs market isn’t as tight as everybody—including the Fed—previously thought. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The hawkish headlines just keep coming from the Fed, and yet stocks continue to grind higher. Fed Governor Christopher Waller told CNBC that “inflation is raging” and the central bank needs to get more aggressive. Is he right? We’ll debate. Plus, the Dow and S&P are having the best weeks since November 2020. But we’ll hear from someone who says you might want to sell this rally. And, CNBC’s Next Generation 50 index is having its best week of the year. Our trader picks 2 names with room to run, and 2 more that are past their prime. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Huge market swings lately are starting to create new openings -- and pressure points -- for investors. One strategist is highlighting biotech & smalls caps, with one showing opportunity, the other flashing concern. He’ll join us to explain. Plus, Americans want to know why pump prices haven’t dropped more already. One expert has the answers, and explains where prices will start dropping first. And, is the yield curve actually steepening? While investors worry it’s signaling a recession, we’ll look at why the opposite might be true. 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 how the yield curve is signaling that inflation could keep running hot. 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 moments away from the latest Fed decision. The central bank is expected to raise rates by a quarter point, it’s first hike since December 2018. Some experts say it’s too late, with inflation running at 40-year highs. Others worry it’s moving too quickly as global war breaks out. We’ll bring you the decision once it breaks, and will cover all the angles you need to know in the meantime. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Rates are edging higher again today, but this time stocks are rising as well. It comes as a key inflation reading came in softer than expected, but still the biggest jump on record. We’ll explain what it means for you & your portfolio. Plus, the Fed is kicked off a two-day meeting, widely expected to raise rates by a quarter point tomorrow – the first hike since the pandemic began. We’ll look at the fallout. And, oil prices continue dropping as fears of a slowdown in China sink in, remaining below $100 per barrel. We’ll dive deeper into concerns for the energy market. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Nasdaq sliding as rates climb ahead of Wednesday’s Fed Meeting, we hear from one strategist who warned of a sell-off when the Fed began tightening about what he’s seeing now. Oil continuing its decline from last week as China’s Covid lockdown sparks demand concerns. How low prices could go and what that means for gas prices in the U.S. And sticking with China, just how cozy are they getting with Russia while also holding talks with NSA officials in Rome today? And what does that mean for international markets? Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.