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stuart: mark tepper with me.it, xlk. >> yeah this, is the tech etf. so, look, we bought this thing on monday after its steep pullback and got about 20% or so from the peak and holdings with microsoft and nvidia and 40% of the waiting of etf and greatway to diversify and selloff over done and heading towards a recession, rotation out of tech and that rotation will reverse and in the event of recession, people would rather be in tech. stuart: basically for a basket of big tech stocks. >> exactly. stuart: that's what it is. >> well diversified. this thing is down about 52% year-to-date and fan favorite and clam moraying over it and they have -- clambering over it and they have a self-inflicted issue last quarter. for the last year plus, we've all been talking about the thesis for apparel makers given ozempic and glmp1s and those people wearing shmediums have to buy smalls and replace their closet. however, the issue with lieu lieu lemon, they didn't have enough smalls. they did it to themselves and self-inflicted pa
stuart: mark tepper with me.it, xlk. >> yeah this, is the tech etf. so, look, we bought this thing on monday after its steep pullback and got about 20% or so from the peak and holdings with microsoft and nvidia and 40% of the waiting of etf and greatway to diversify and selloff over done and heading towards a recession, rotation out of tech and that rotation will reverse and in the event of recession, people would rather be in tech. stuart: basically for a basket of big tech stocks....
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tepper liz peek on set watching together all morning long mark.an look, right now the volatility index or fear gauge a measure of how afraid investors are right now at 65 to put that in perspective if we go back to march of 2020, when if pandemic was full swing people were locked up in houses, it was 53, it is 65 right now go back to march of 2009 the banking crisis, 44. we are at 65 right now, investors incredibly scared i have to tell you this cannot just be due to friday's payroll report because on friday market was down about 2%, so there is more going on than just that i think other two issues are number of one warren buffett, unloaded half apple position guy buy and followed forever all of a sudden maybe not high con vik slurn on apple forward obviously, the increasing probability of full-scale war in middle east put three things together ugly situation in the market. cheryl: the caveat jobs' report last friday saw market sell-off friday, fears of recessions over week to mark's point a potential strike on israel by iran. as well as there is
tepper liz peek on set watching together all morning long mark.an look, right now the volatility index or fear gauge a measure of how afraid investors are right now at 65 to put that in perspective if we go back to march of 2020, when if pandemic was full swing people were locked up in houses, it was 53, it is 65 right now go back to march of 2009 the banking crisis, 44. we are at 65 right now, investors incredibly scared i have to tell you this cannot just be due to friday's payroll report...
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Aug 28, 2024
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[laughter] stuart: mark tepper, you're all right. thanks for joining us, sir.eck the big board. 25 the minutes' worth of business, we're on the upside. between for the dow, 86 points higher. 41,338 as we speak. look at dow winners, we do have a few. look at 'em on the screen, please. that's my cue, put 'em on the screen. [laughter] lauren: nope, hose aren't them. stuart those are the losers. athlete inapparel losers. let's go with that group. nike, lululemon. there's the s&p 500 winners, why not? if gilead sciences, bristol-myers squibb, enphase if energy. the nasdaq winners, please, can i see them? waiting for it. any day. there you go. don't have time. still ahead -- [laughter] republicans are tightening up voter regulations in several states. the election is 48 days away, that's it. jason chaffetz is here. lieutenant general keith kellogg will discuss zelenskyy's plan to end the war with russia. j.k. vance says government -- j.d. vance says big tech censors are too too powerful: and jon levine will discuss kamala's latest flip-flop. more "varney" after this.
[laughter] stuart: mark tepper, you're all right. thanks for joining us, sir.eck the big board. 25 the minutes' worth of business, we're on the upside. between for the dow, 86 points higher. 41,338 as we speak. look at dow winners, we do have a few. look at 'em on the screen, please. that's my cue, put 'em on the screen. [laughter] lauren: nope, hose aren't them. stuart those are the losers. athlete inapparel losers. let's go with that group. nike, lululemon. there's the s&p 500 winners,...
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Aug 26, 2024
08/24
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cheryl: mark tepper. tricia mclaughlin. "varney & company" is up next.the election, plenty of action and politics. rfk junior backed trump, he wants to make america healthy again. the kennedy family disowned him, his sist
cheryl: mark tepper. tricia mclaughlin. "varney & company" is up next.the election, plenty of action and politics. rfk junior backed trump, he wants to make america healthy again. the kennedy family disowned him, his sist
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Aug 22, 2024
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mark tepper? >> we heard a lot of fiction out of tim walz's mouth, but he was making fun of j.d.e speakers before him, bill clinton, amy klobuchar and jamie harrison all went to yale. maria: there's also pete buttigieg, clinton. >> went to harvard. right? maria: so why are they making fun? >> i have no clue but someone had to call him out on that. maria: great point. lee, final thoughts? >> i have to say this. the democrats are running a really good convention, and it is smart. it is on-message, and they are galvanizing their base and republicans better take note. i know it's hard, but i think republicans have to take note and respond in kind, set the agenda again, take back the narrative. maria: set the agenda being what? >> focus on the economy. focus on immigration and the policies that make american's lives better because americans are looking for hope, right? fewer than one in five americans feel better off today than they did when biden and harris took over. need to take the narrative back. maria: doug collins final thoughts? >> they set a foundation of a party that doesn't
mark tepper? >> we heard a lot of fiction out of tim walz's mouth, but he was making fun of j.d.e speakers before him, bill clinton, amy klobuchar and jamie harrison all went to yale. maria: there's also pete buttigieg, clinton. >> went to harvard. right? maria: so why are they making fun? >> i have no clue but someone had to call him out on that. maria: great point. lee, final thoughts? >> i have to say this. the democrats are running a really good convention, and it is...
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Aug 29, 2024
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maria: why kamala harris wants to raise taxes, because something has o to give mark tepper jump in dowt now. mark: when we talk about gdp, in terms of dollars, instead of percentages, the economy last quarter grew by about 360 billion dollars, it cost us 900 billion dollars in deficit spending to realize that growth. if any business owner were to borrow 9 hundred billion to generate 360 billion they would be out of business think would be bankrupt, speaking of bankruptcy, you know chime in on a lot of things stephanie hit on small businesses those companies employing 49 or fewer plez maul business bruns up 60% first half year-over-year things starting to get tough. maria: that certainly, the -- the narrative that stephanie pointing out what is it take to what you laid out. i think more disappointing earnings numbers we have seen in consumer space really bad reports, in the consumer discretionary companies, you know according to facts that consumer discretionary earnings up 12% year onnier xamazon makes money with aws not retail down 3% recession, is here, in the consumer sector look at
maria: why kamala harris wants to raise taxes, because something has o to give mark tepper jump in dowt now. mark: when we talk about gdp, in terms of dollars, instead of percentages, the economy last quarter grew by about 360 billion dollars, it cost us 900 billion dollars in deficit spending to realize that growth. if any business owner were to borrow 9 hundred billion to generate 360 billion they would be out of business think would be bankrupt, speaking of bankruptcy, you know chime in on a...
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joining the conversation all morning long, strategic wealth partners ceo, mark tepper and columnist and fox news contributor, liz peek. "mornings with maria" is live right now. and it is time for the hot topic of the hour. we are expecting vice president kamala harris to y y announce hr running mate in she will kick of philadelphia tomorrow. josh shapiro, mark kelly and minnesota governor tim walz are traveling to d.c. this weekend for vetting. top democrats say shapiro is the number one choice. but his democratic rivals are working to tank his chances, resurfacing a 31-year-old college opinion piece he wrote on israel titled peace not possible, where he said palestinians, are too battle minded to be able to establish a peaceful homeland of their own. shapiro telling reporters friday the piece does not represent his current views, his spokesperson reconfirming saying shapiro supports a two the state solution and a lasting peace. critics pointing out in 2018 shapiro was then pennsylvania attorney general, he looked to appoint special prosecutors to go after the state's energy industry. o
joining the conversation all morning long, strategic wealth partners ceo, mark tepper and columnist and fox news contributor, liz peek. "mornings with maria" is live right now. and it is time for the hot topic of the hour. we are expecting vice president kamala harris to y y announce hr running mate in she will kick of philadelphia tomorrow. josh shapiro, mark kelly and minnesota governor tim walz are traveling to d.c. this weekend for vetting. top democrats say shapiro is the number...
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Aug 19, 2024
08/24
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joining the conversation, strategic walt partners' sew, mark tepper, mike balboni.rnings with maria" is live right now. ♪ ♪ maria: and it is time for the hot topic of the hour. you are looking at live picture of the chicago writed center where the democrat national convention center will kick off tonight. all those chairs will be packed later on. anti-israel protesters have descended on the city with hundreds marching through the streets of chicago yesterday in the first permitted won in straight to the dnc. nearly 100 to,000 anti-israel protesters expected to show up today as well as seven large demonstrations. we are expecting president biden to take the stage tonight, he is expected to pass the torch to kamala harris. harris is then expected to officially accept her party's nomination on thursday. democrats expected to to the so-call -- to tout the so-called economic success of the biden as management -- administration. all of this coming as a new abs-ipsos-washington post poll puts haste ahead of president trump -- harris ahead of president trump nationally. the
joining the conversation, strategic walt partners' sew, mark tepper, mike balboni.rnings with maria" is live right now. ♪ ♪ maria: and it is time for the hot topic of the hour. you are looking at live picture of the chicago writed center where the democrat national convention center will kick off tonight. all those chairs will be packed later on. anti-israel protesters have descended on the city with hundreds marching through the streets of chicago yesterday in the first permitted won...
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Aug 29, 2024
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mark tepper i don't know if get a lot of word solids tonight or if we will get low enough questions orall be honest with the american people. >> this is an interview on a friendly network with a friendly interviewer where there will be softball questions she probably knows all the questions in advance, prerecorded and she still cannot run this solo she still needs a wing man which is incredibly disappointing when you're trying to secure the most support position in the world and enter to cowardly to go out and do a one-on-one interview that the problem. to your point about her word solids that's probably why tim walz is there to jump in and protect her in the event that she starts to use her exaggerated hand gesture and she starts to talk in circles and things like that that is what he's there for, it's incredibly disappointing. maria: one of the most support things after tonight's interview to understand where the heck kamala harris is on the major issues. it's a flip-flopping going on. i want to ban on fracking, they don't want to ban on fracking, medicare for all, the aide said she
mark tepper i don't know if get a lot of word solids tonight or if we will get low enough questions orall be honest with the american people. >> this is an interview on a friendly network with a friendly interviewer where there will be softball questions she probably knows all the questions in advance, prerecorded and she still cannot run this solo she still needs a wing man which is incredibly disappointing when you're trying to secure the most support position in the world and enter to...
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Aug 26, 2024
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mark tepper, jump in here. >> adam mentioned a soft landing. that's one of my concerns.hrough the end of 2025 which certainly to me would indicate that the economy is slowing quite a bit, that maybe we're actually in a recession so that's concerning. but adam, when you look at what jay powell said last week, he was very clear that the time has come and that the rate cut process will likely begin in september but he wasn't clear on the size of the cuts, the path of the cuts, which to me it seems like the door is open for 50 basis point cut which i was not initially expecting but now all of a sudden it seems like it's on the table and i would love to get your take on how investors would react if that was the case, if there is 50 basis point cut is that a red flag saying hey, everyone, the economy's in bad shape and would investors actually take that as a negative instead of a positive? >> good question, mark. and i think it's going boil down to potentially next week's employment report to keep things black and a white like the market likes to do. if we get any type of weak
mark tepper, jump in here. >> adam mentioned a soft landing. that's one of my concerns.hrough the end of 2025 which certainly to me would indicate that the economy is slowing quite a bit, that maybe we're actually in a recession so that's concerning. but adam, when you look at what jay powell said last week, he was very clear that the time has come and that the rate cut process will likely begin in september but he wasn't clear on the size of the cuts, the path of the cuts, which to me it...
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Aug 29, 2024
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cheryl: mark tepper told me, look, if nvidia hits a certain level, i'm backing up the truck -- >> reporterat was the level? [laughter] 110? cheryl: it was under 90, but he said he kind of backed up the shovel shovel. there you go. susan li, thank you very much. appreciate it. >> let's bring in cynthia murphy. what is the reaction about nvidia by the market, what does it tell you about investor sentiment in particular for those like our colleague, mark tepper, who was waiting for the stock to go into the $80 range? it really deny, but he took some pieces of it when it got that low. is that the last time we see that number? and. >> what's a interesting is we all keep waiting for the steam to run out because it's gone to the such heights. nobody can really believe this can keep going, and yet every a.i. story you hear, everything is powered by nvidia chips. so it's the almost like we are a little bit in disbelief, but there's actually no other real game in town to really power up this a.i. revolution, so you're trying to be cautious, but you're also suffering a little bit from fomo, you don't
cheryl: mark tepper told me, look, if nvidia hits a certain level, i'm backing up the truck -- >> reporterat was the level? [laughter] 110? cheryl: it was under 90, but he said he kind of backed up the shovel shovel. there you go. susan li, thank you very much. appreciate it. >> let's bring in cynthia murphy. what is the reaction about nvidia by the market, what does it tell you about investor sentiment in particular for those like our colleague, mark tepper, who was waiting for the...
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Aug 26, 2024
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tepper.with you. we have nvidia this is the big one of the week they are expected reported earnings "after the bell", cells set to double after the quarter, you said we could see a correction overall if they don't meet the estimates in the expectation. >> without a doubt. if you look at nvidia. it's been the poster child of the a.i. rally and if something goes wrong in the bar has been set incredibly high because investors are at the point that you sold me on hope, you sold me on the vision we all bought bought in now it's time for results is good to be important for nvidia to deliver and provide us with good strong guidance and also commentary surrounded the blackwell chip which had production delays in investors are going to want to know that will be back on track without adult. nvidia is a company in my opinion, the number one company as it relates to artificial intelligence. it's a company that you have to be putin about. when it pulls back you have to be looking to buy it or add to your
tepper.with you. we have nvidia this is the big one of the week they are expected reported earnings "after the bell", cells set to double after the quarter, you said we could see a correction overall if they don't meet the estimates in the expectation. >> without a doubt. if you look at nvidia. it's been the poster child of the a.i. rally and if something goes wrong in the bar has been set incredibly high because investors are at the point that you sold me on hope, you sold me...
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Aug 5, 2024
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whether we get any comeback out of this, mark tepper with us, strategic wealth partner president ando. ted weizberg back from sea olympic port security. you followed many of the markets that don't look that out -- old but i understand you were there in 1929. [laughter] amazing. but i kid. but you know, what i found a little weird, ted, al jokes, is that everyone is piling on and saying this is like 1929. this is '87, the meltdown. i see a lot of big differences there. maybe there is a possibility it can turn into that but i don't see the backdrop for something like that. what do you think. >> anything is possible. in my 60-plus career career, i have seen the end of the world at least six or seven times. and somehow at least -- and somehow we always manage to survive. i think folks are getting way ahead of the curve here. i think it is really a matter of be careful what you wish for. if you're an investor. one hands, people have been on the edge of their seats wishing for lower interest rates and, of course, you can't really get lower interest rates unless you get some kinds of soften
whether we get any comeback out of this, mark tepper with us, strategic wealth partner president ando. ted weizberg back from sea olympic port security. you followed many of the markets that don't look that out -- old but i understand you were there in 1929. [laughter] amazing. but i kid. but you know, what i found a little weird, ted, al jokes, is that everyone is piling on and saying this is like 1929. this is '87, the meltdown. i see a lot of big differences there. maybe there is a...
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Aug 29, 2024
08/24
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equity trading strategy, stewart kaiser is with us as wells mark tepper this morning.for joining the conversation. >> good morning. maria: want to get your take on what's going on here. nvidia seems to have set the tone. it was way down overnight. it's well off of the lows, still down 3 and three quarters percent, despite reporting a 122% revenue growth for the second quarter. topping wail street expectation -- wall street expectations. the data the center revenue up 154% to more than $26 billion, nvidia announced $50 billion stock buyback program but obviously failing to live up to investor expectations underwhelming production. >> the numbers look good across the board, revenue, margins, very strong, the blackwell product will generate revenues this year. they've been beating by 2 billion per quarter and they beat by 1 billion per quarter and the level of surprise has come in, margins not as high as hoped. the bar was extremely high. they put up good results, maybe not the blowout numbers people hoped for. maria: i've been looking at the situation as an indicater of
equity trading strategy, stewart kaiser is with us as wells mark tepper this morning.for joining the conversation. >> good morning. maria: want to get your take on what's going on here. nvidia seems to have set the tone. it was way down overnight. it's well off of the lows, still down 3 and three quarters percent, despite reporting a 122% revenue growth for the second quarter. topping wail street expectation -- wall street expectations. the data the center revenue up 154% to more than $26...
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Aug 15, 2024
08/24
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tepper and liz peek.everybody. walter, thanks for joining the conversation. i want to get your take on walmart with the numbers better than expected and stock trading higher. >> yeah, good morning, thanks for having me. this is really consistent with what we've seen the past several quarters and that is walmart benefiting from several things, the tradedown by the consumer to get better prices, the mix of business, more essential, less discretionary at walmart. the only concern i had coming into the quarter was the expectations, the stock is up over 30% year-to-date and the guidance that they gave even though it's technically a boost by them, the street is already there for the year so happy to see the stock trading up despite elevated expectations given how they're performing. maria: yeah, i mean, inventory was down 2% but e-commerce sals up 21%, they're talking about that led by store fulfilled pickup and deliverynd a marketplace. global advertising business p up 26% and yet mark you've got a recent surv
tepper and liz peek.everybody. walter, thanks for joining the conversation. i want to get your take on walmart with the numbers better than expected and stock trading higher. >> yeah, good morning, thanks for having me. this is really consistent with what we've seen the past several quarters and that is walmart benefiting from several things, the tradedown by the consumer to get better prices, the mix of business, more essential, less discretionary at walmart. the only concern i had...
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Aug 19, 2024
08/24
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and tjx macy's out wednesday bj's dollar tree thursday i want your take on that, but i want to bring markr in i am reading thomas lee this morning, the strategist at fundstrat says this is the most important week of august, because of the jackson hole symposium and powell speaking friday but continues to say that stocks bottom lineed out august 5 market bottoms take time a risk, your thoughts jump in mark. mark: i still hope so but i think you mentioned all retail earnings, that are due out this week, being and i think probably the one that is most important to me is actually tjmaxx i want to see how they do we continue to see consumer kind of go down this trade-down path target shoppers have become walmart he shoppers once into a wallwall not buying advil motrin you are buying generic ibuprofen i am interested to see if consumer is weakening enough in a tjmaxx does well back-to-school shopping, but i have a question for you, obviously, dnc front and center as is jackson hole how much does this election factor into your investment strategy? there is obviously, winning and losing industrie
and tjx macy's out wednesday bj's dollar tree thursday i want your take on that, but i want to bring markr in i am reading thomas lee this morning, the strategist at fundstrat says this is the most important week of august, because of the jackson hole symposium and powell speaking friday but continues to say that stocks bottom lineed out august 5 market bottoms take time a risk, your thoughts jump in mark. mark: i still hope so but i think you mentioned all retail earnings, that are due out...
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tepper national review staff writer caroline downey and acting ice director jonathan fahey, "morningsh maria" is live right now. and it's time for the hot topic of the hour iran's ayatollah ordering a direct attack on israel in retaliation for the killing of hamas leader ismail haniyeh as the middle east is on the brink of war this morning here is a white house response. >> we don't believe that an escalation is inevitable and there's no signs that an escalation is in a minute this is something we've been concerned about since the seventh of october. maria: president trump waiting in with iran at a rally last night in pennsylvania. >> iran is going while now aren't they, iran was broke when i was president they didn't give money to hamas or hezbollah, you see what's going on with hezbollah and you gotta end up in a world war or a third world war pretty soon with this guy between ukraine and russia in the stupidity. i will get that negotiated and ended before ever take office. i will do after the election as president-elect. maria: where is president biden, jacqui heinrich pressed whit
tepper national review staff writer caroline downey and acting ice director jonathan fahey, "morningsh maria" is live right now. and it's time for the hot topic of the hour iran's ayatollah ordering a direct attack on israel in retaliation for the killing of hamas leader ismail haniyeh as the middle east is on the brink of war this morning here is a white house response. >> we don't believe that an escalation is inevitable and there's no signs that an escalation is in a minute...
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Aug 15, 2024
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tepper, columnist and fox news contributor liz peek.rnings with maria" is live right now. ♪. maria: time for the hot topic of the hour i knew fox news poll president trump leading here is by one point among independent voters, trump is winning by an 8% margin, 51 - 43 this is independent voters, trump is coming out on top on the top issues of the economy and border security, voters trust trump 52 - 46% on the economy and border security ahead by 20% margin when you look at border security. trump slamming harris on her handling of the economy at the north carolina rally yesterday. watch. >> harris price hikes have cost the typical household $28000, congratulations. i hope everyone is happy. [crowd boos] >> credit card debt has exploded and exploded to the highest it's ever been in the cost of a typical monthly mortgage has tripled, boat trump in your income will soar in your savings will grow, young people will be able to afford a home and we will bring back the american dream bigger, better and stronger than ever before. when kamala har
tepper, columnist and fox news contributor liz peek.rnings with maria" is live right now. ♪. maria: time for the hot topic of the hour i knew fox news poll president trump leading here is by one point among independent voters, trump is winning by an 8% margin, 51 - 43 this is independent voters, trump is coming out on top on the top issues of the economy and border security, voters trust trump 52 - 46% on the economy and border security ahead by 20% margin when you look at border...
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Aug 22, 2024
08/24
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also with me i mark tepper.to the interview with the kansas city fed president. >> i'm not surprised. jeff schmidt has been much of the pair. patience and pause and wait and see. i think it's also encouraging to see they're going to stay on the same track. we're expecting 75 basis points this year. let's see if that happens. but that's what we're planning on. maria: i thought edward's question was really good when he said how does that change the forecast because 818,000 jobs that we thought were there, actually were not there, doesn't that change the forecast of the fed and what they're going to do? >> you would think so. we would absolutely think so. but there is this sort of streamlining the numbers over the course of 12 months now to try to down play the reaction to that difference. maria: mark, i think that the july numbers are going to be even worse when we see revision for july. i'm told that month is something to watch when they do it again next year. the labor department reported the u.s. economy create
also with me i mark tepper.to the interview with the kansas city fed president. >> i'm not surprised. jeff schmidt has been much of the pair. patience and pause and wait and see. i think it's also encouraging to see they're going to stay on the same track. we're expecting 75 basis points this year. let's see if that happens. but that's what we're planning on. maria: i thought edward's question was really good when he said how does that change the forecast because 818,000 jobs that we...
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tepper, i want to start on the selloff that were watching this morning, this is the first full tradingof august, the dow is down 72 the nasdaq is down 803, that is more than four and a quarter% of the selloff the nasdaq entering correction territory on friday on the heels of the jobs report, your reaction? >> i say buckle up this is the sentiment shift that we've been waiting for there has been frost in the market for some time, earnings have been terrible up 12% for the quarter. it's not so much that is the employment number that came out friday that shocked people, seems that people were singularly focused on the path of inflation which is been good but there's a dual mandate we've been very concerned that people will not be focused on the labor market as much as they should be. were little bit concerned and this is the start of the recession, i would want people to panic, these are part of the economic cycle but is definitely worrisome and investors are taking notice of the large swings. cheryl: i'm glad you said that, 800 points to the downside is it 800 points to the downside a de
tepper, i want to start on the selloff that were watching this morning, this is the first full tradingof august, the dow is down 72 the nasdaq is down 803, that is more than four and a quarter% of the selloff the nasdaq entering correction territory on friday on the heels of the jobs report, your reaction? >> i say buckle up this is the sentiment shift that we've been waiting for there has been frost in the market for some time, earnings have been terrible up 12% for the quarter. it's not...
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Aug 26, 2024
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cheryl: mark tepper. tricia mclaughlin. "varney & company" is up next. welcome back. >> here i am, good morning, everyone. as you might expect we are 70 days to go to the election, plenty of action and politics. rfk junior backed trump, he wants to make america healthy again. the kennedy family disowned him, his sister kerry said her brother has desecrated the family's values, trump hatred on full display. donald trump suggested that bow out of the september 18 debate on abc, trump objected to carl's interview with senator tom cotton this editor correctly pointed out that kamala harris has not actually said publicly what her health policy is, trump says abc is biased. harris says she will do a media interview by the end of this week, does she need to, she's not sure. she brought an incredible $540 million since biden left the campaign. the president himself is on his second week of beach vacation, he is not in d.c. as a white house message suggests. frequent question who is in charge of our government. let's get to the markets, stocks close to all-time h
cheryl: mark tepper. tricia mclaughlin. "varney & company" is up next. welcome back. >> here i am, good morning, everyone. as you might expect we are 70 days to go to the election, plenty of action and politics. rfk junior backed trump, he wants to make america healthy again. the kennedy family disowned him, his sister kerry said her brother has desecrated the family's values, trump hatred on full display. donald trump suggested that bow out of the september 18 debate on...
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Aug 22, 2024
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mark tepper, doug collins, lee carter great to talk with you this morning, great show we appreciate it and we'll see you again tomorrow. have a great thursday. "varney" & company picks it up right now. stu take it away. stuart: you're right, maria, who is running the country and good morning to you. good morning, everyone. tonight, the main event. kamala harris makes the political speech of her life. we're told she will discuss her middle class upbringing, the evil past versus the hopeful future, and patriotism. wednesday night, governor walz staked his claim as harris' runningmate. he made false claims about trump and gop policy. but you know? it was oprah winfrey, i think, stole the show. it was a well-delivered speech about a principle but not about policy. the crowd loved it. this morning on fox, trump replied. he denounced harris as a radical left lunatic and linked her to the ruin of san francisco. all right that's dealing with politics now let's get to the money. it is widely assumed that the federal reserve will soon lower interest. that's baked into the market. yup the rally c
mark tepper, doug collins, lee carter great to talk with you this morning, great show we appreciate it and we'll see you again tomorrow. have a great thursday. "varney" & company picks it up right now. stu take it away. stuart: you're right, maria, who is running the country and good morning to you. good morning, everyone. tonight, the main event. kamala harris makes the political speech of her life. we're told she will discuss her middle class upbringing, the evil past versus the...
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Aug 19, 2024
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joining me now is chief investment officer kevin mann, also with us is mark tepper this morning.good to sew you. >> my pleasure. good to see you as well, maria. maria: i want to get your take on where we stand this morning. markets are mixed this morning. of course, we are watching for any commentary out of the jackson hole meeting this week, we've got some retail earnings on deck, and interest rates are well below 4%. the 10-year this morning, the federal reserve checking off that jackson hole symposium this week with the 10-year sitting at 3.88%, down four-tenths of a basis point. jay powell will speak on friday at 10 a.m., and the futures market is fully pricing in the central bank will cut next month by 25 basis points. meanwhile, we're expecting a lot of new jobs numbers, zero hedge wrote this on x: the bureau of labor statistics will, quote, downward revise jobs for the april 2023 through the march 2024 period by up to 1 million jobs on wednesday, we're expecting this. this means that all the beats recorded in the past year will have been misses and that the u.s. jobs marke
joining me now is chief investment officer kevin mann, also with us is mark tepper this morning.good to sew you. >> my pleasure. good to see you as well, maria. maria: i want to get your take on where we stand this morning. markets are mixed this morning. of course, we are watching for any commentary out of the jackson hole meeting this week, we've got some retail earnings on deck, and interest rates are well below 4%. the 10-year this morning, the federal reserve checking off that...
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Aug 29, 2024
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final thought, mark tepper. >> well, the economy grew better than expected, and obviously, investors are expecting that. maria: todd piro. >> pay attention to the debates, tonight's interview can be edited. manufacture more "varney & company" takes it up now, stu, take it away. stuart: it's the day after. nvidia's report late wednesday. the reaction thursday morning, maybe their earnings failed to live up to the extreme hype. the stock is down. revenue was up 120%, and the ceo says demand for chips is, quote, incredible. apparently, that's not good enough. the stock is down $4, that would be 3. 3. we're going to to follow it all day long. expect volatility. big gain for the dow, looking at new record highs odd. the economic growth revised higher from 2.8 to 3 percent. the market like it. the dow up well over 250 points, s&p up 15, and the nasdaq, despite nvidia, is up 55 points. if let's get to politics. this is kamala harris' big day. she and her running mate are taping an interview with cnn which will be broadcast tonight. heavy criticism. the "wall street journal" calls tim walz h
final thought, mark tepper. >> well, the economy grew better than expected, and obviously, investors are expecting that. maria: todd piro. >> pay attention to the debates, tonight's interview can be edited. manufacture more "varney & company" takes it up now, stu, take it away. stuart: it's the day after. nvidia's report late wednesday. the reaction thursday morning, maybe their earnings failed to live up to the extreme hype. the stock is down. revenue was up 120%, and...
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Aug 22, 2024
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joining to the conversation strategic wealth partners ceo mark tepper, georgia congressman doug collinsthe presence of landscape partners lee carter, "mornings with maria" is live right now. ♪. maria: it is time for the hot topic of the hour tonight is the final night of the democratic national convention, vice president kamala harris said to speak and accept democrat nomination without sitting with an interview or whirling a formal press conference or releasing details of her policy agenda, here is here is his running mate tim walz said last night. >> it never has dated to reach across the aisle if it meant improving your lives and she's always done it with energy, with passion and with joy. we have a chance to make, but here is the next president of the united states. i think we all went to the american people to tell them exactly what she would do as president before we asked them for their votes. maria: walz's promised tax cuts for homebuyers forgetting to mention median price new-home monthly mortgage payments are up 85% under the biden harris administration. >> kamala harris is go
joining to the conversation strategic wealth partners ceo mark tepper, georgia congressman doug collinsthe presence of landscape partners lee carter, "mornings with maria" is live right now. ♪. maria: it is time for the hot topic of the hour tonight is the final night of the democratic national convention, vice president kamala harris said to speak and accept democrat nomination without sitting with an interview or whirling a formal press conference or releasing details of her...
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also with us is mark tepper.yan, thank you so much for joining the conversation. >> thank you for having me. maria: great to see you. let's start with the fed, futures this morning are trading higher on this the first day of august. nasdaq up 104 right now. interest rates also higher though, by the way, let's take a look at the 10 year, up 3 basis points at a level of 4.06%. the federal reserve held interest rates steady while clearing the path for a september rate cut. jay powell said he can imagine scenarios of zero to several rate cuts this year. i think he's taking a page out of alan greenspan's book by saying something and not saying anything at all. here's what he said. he continues to harp on the central bank not being political. watch. >> we don't change anything in our approach to address other factors like the political calendar. we never use our tools to support or oppose a political party, a politician or any political outcome. we can run simulations of different potential policies but we would never
also with us is mark tepper.yan, thank you so much for joining the conversation. >> thank you for having me. maria: great to see you. let's start with the fed, futures this morning are trading higher on this the first day of august. nasdaq up 104 right now. interest rates also higher though, by the way, let's take a look at the 10 year, up 3 basis points at a level of 4.06%. the federal reserve held interest rates steady while clearing the path for a september rate cut. jay powell said he...
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joining me now is ceo kyle wool, as well joining me is mark tepper here all morning.e, great to see you. thanks for joining the conversation. >> thank you. maria: talk a bit about second quarter earnings in full swing, warner brothers discovery reported a double miss, highlighted the mission of paying down debt from the merger, the company reported a $9.1 billion non-goodwill impairment charge, led to $11 billion loss for warner brothers discovery, that's an incredible number, losing $11 million in one quarter. eli lilly telling a different story, a doubt beat, raised the full year revenue guidance by $3 billion. krispy kreme earnings in line with estimates beating on revenue, cutting the full year profit forecast. we're waiting on paramount global after the bell tonight. take a look at the stocks, eli lilly up better than 10%. your reaction to the earnings season. >> it's a tale of two cities. warner brothers, i wouldn't be a buyer. their content is not very good. hbo, i don't know the last time they had a show like sopranos that people wanted to the watch. i watched
joining me now is ceo kyle wool, as well joining me is mark tepper here all morning.e, great to see you. thanks for joining the conversation. >> thank you. maria: talk a bit about second quarter earnings in full swing, warner brothers discovery reported a double miss, highlighted the mission of paying down debt from the merger, the company reported a $9.1 billion non-goodwill impairment charge, led to $11 billion loss for warner brothers discovery, that's an incredible number, losing $11...