tv Worldwide Exchange CNBC May 7, 2021 5:00am-6:00am EDT
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it's 5:00 a.m. in new york here's the top five at 5:00. fed out with a warning for investors. why the central bank is finally getting nervous about asset prices and markets may be ignoring it. futures are higher. working for a living the economy likely added 1 million new jobs last month. big government report due out at 8:30 a.m. worried about politicians and grandmas jamie dimon speaking out on
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taxes and bitcoin and a lot of things he's not holding back. shares of peloton bouncing back on strong sales for bikes the company warning it will take a hit on the treadmill recall. back by popular demand find out what company executives are making bets on their own stocks it is friday this is "worldwide exchange" here on cnbc ♪ ♪ good morning, good afternoon or good evening. welcome from wherever in the world you may be watching and happy friday i'm brian sullivan thanks for joining us. let's get to it and get a check on your money and markets on this jobs day friday the jobs numbers are out at 8:30 a.m. futures are up not a lot.
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dow up 28. nasdaq up 16 in the green the nasdaq busting out of a four-day slump on thursday dow keeps doing what it does posting another big day. you can thank one goldman sachs. goldman sachs shares surging again. if you have not been paying attention to the bank, you should be. around november 1st, goldman shares took off. it has doubled in a year and booming since the fall goldman sachs at $367 a share. it was at $185 a year ago. you go, goldman. the crypto market. everybody out there is talking about it bitcoin up a bit ethereum down a bit. dogecoin is down a bit 62 cents off the high of 69 cents a share. it is higher from the constant moves.
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there is no pre- or post-market crypto they trade constantly. dogecoin, i know you are watching for good reason dogecoin at 62 cents we will get more on the markets and your money in a moment right now, let's get you up to speed on the morning's big news the fed warning rising asset prices are posing increasing threats to the financial system. the word of caution coming in the central bank semiannual financial stability report it reads in part, asset prices may be vulnerable to significant declines and should risk appetite fall. take note. that is a huge warning for the fed. the fed governor argues the situation bears watching and highlights the importance of making sure the system has proper safeguards. hmmm also happening now
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jpmorgan chase ceo speaking out on the washington plan for the infrastructure bill and likelihood of higher taxes he wants lawmakers to be specific on spending saying, just throwing money doesn't work as for raising taxes s here's what he said. >> to have uncompetitive corporate taxes is a little crazy. i don't want to bore people with it the devil is in the detail it is not 25%. it is the other stuff. territory, guilty chart, deductions overseas, gap taxes that's the stuff that what they have currently that they wouldn't take away the trump corporate tax cut. they would triple it literally that would hurt capital formation in the united states capital formation drives
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technology and growth. and if policymakers don't get that and drive capital overseas, they are making a mistake. >> details details, jamie dimon made the announcement for the company institute general membership meeting they should get a lot of attention today. in corporate news this morning, the ceo of norwegian cruise line says his u.s. ships are unlikely to sail this summer in the interview with cnbc, he called the cdc guidance unfair the cruise industry is facing tougher restrictions than those in other industries like hotels or restaurants let's get back to the markets on this jobs friday. remember, the big payroll number out at 8:30 a.m. the economists are averages expect 1 million jobs added over the past month the estimates are all over the place. that's the average that's a big number.
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and unemployment in some states is now below pre-pandemic levels the economy is booming does that make stocks a good bet after the big run we had joining us now is the chief investment officer chuck sectors. chuck, the numbers are strong except for hospitality and certain segments of the economy. the markets had a huge run are stocks, overall, a good bet ride n right now? yes or no? >> it is hard to know what will happen in the short run. the real risk given the consensus is very bullish. it is we have strong employment numbers over the next couple months the fed decides to pull the punchbowl away and stops buying
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bonds as much as they have been and people worry about whether the fed is going to increase short-term interest rates. >> you heard the warning at the top of the show. that's basically -- the fed speak, if you can decipher it, chuck. they use the most boring language possible. they decide if people don't want to invest, we are in for a sharp correction >> the report is something that comes out semiannually we don't try to make short-term calls in the market. it is coming down with the valuation and you look at forward looking p.e.s, you have relatively close to zero returns for the next five years. that doesn't mean there won't be stocks that will get relative returns, but a market of stocks.
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>> you think we just bought an s&p index fund, do you think our returns are flat the next five years? >> it will be volatile, obviously. it will be much less than the past five years. maybe after this year, the years of double digit returns, especially consecutive ones, are over again, we're already starting to see the signs that may be happening because of the rotation in the market again. it is not that no stocks are going up it is just that we are changing leadership >> okay. where is that leadership going to i can tell you where it's from we know where leadership has been that has been the big technology names. that's a surprise to exactly zero of our viewers. where might some of that money be going
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we want to know where the puck is going, chuck. not where the puck has been. >> i'm a big hockey fan. thank you for quoting gretzky. the move to the value stocks financial and energy have done well over the past six months or so we think this is just the beginning of that increase in prices of value versus growth. when you look at valuation of value stock versus growth stocks and look at the forward p.e.s, value stocks are still very cheap. it is not too late to get on the value train. we think investors should find more value stocks and be lightening up on the growth stocks. >> you think energy, when you say energy, you mean oil and gas? >> yeah. yeah energy will still be around, obviously.
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fossil fuel energy will still be around the good news about fossil fuel energy companies, the balance sheets are quite strong. because of that, if there is a volatility economy, let's say that the economy is only going up mainly because of the stimulus checks. they still will be able to deal with that and be able to be profitable many of these companies have had tremendous earnings growth and long-term trend will still be there. we believe in clean energy stocks we own clean energy funds. i would not count out the fossil fuel companies >> if everybody wants to mine bitcoin or other crypto and have an iphone and charge their tesla, we need the power that is actually digging stuff out of the ground. charles self, thanks for coming on see you soon take care. >> thank you, brian.
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all right. you're welcome oil and gas. maybe it is the new big tech all right. when we come back, your big money movers on this friday morning. including that peloton shares are up a little bit this morning, but after a huge recall this week. we'll tell you more about it dow futures up 30. a busy hour still ahead. "worldwide exchange" is back after this (♪ ♪) whether it's a technology first, (♪ ♪) a fashion first, (♪ ♪) a science first, (♪ ♪) or a first for us all (♪ ♪)
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ah. okay. plan, pivot. how do you bounce back? you don't, you bounce forward, with serious and reliable internet. powered by the largest gig speed network in america. but is it secure? sure it's secure. and even if the power goes down, your connection doesn't. so how do i do this? you don't do this. we do this, together. bounce forward, with comcast business.
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welcome back time now for the friday big money moivers three stock stories you have to know about stock number one peloton. shares are recovering. 6% up. this after it was dropping on the recall after the treadmills. peloton told investors it expects the recall to cut fourth quarter sales by $165 million last quarter, it topped expectations sales jumped 141%. the company said supply chain investments helped improve delivery issues. peloton stock down nearly by half since the start of the year in a year? it is up 102%. down nearly 50% from its peak in february get on that, peloton if you are going to shake shack.
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story number two shares down sharply. earning beat the street that sales fell short as it ramps up expa expansion. shack getting shook. down 8%. stock number three roku shares are up 8% results topping expectations sales jumped 79% during the quarter. guess what at home streaming continues to be a big trend roku, like peloton, well off from the beginning of the year roku was a nearly $500 stock in mid-f mid-february it is up this morning. quote, only to $306.50 we have a long way to go this morning still on deck. the new normal do you want to know what the workplace, maybe your work place will look like, in the next six months the ceo of avaya has the latest
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welcome back business communications software company avaya posted solid earns. sales up 8% from a year ago. the company says more shares hurt the eps growth. as millions return to the office, what is the future of office-based software? joining us is jim chirico. thank you very much for joining us first off, to the earnings before you get to the bigger stuff. the market did not like the guidance stock down pre-market. ease the investor concerns what might the market, wall street, whatever, be getting wrong with the quarter and guidance >> first of all, thanks for having me on i really appreciate it if you look at what happened yesterday, you cannot control the stock market that is an indication of one day. we have been on a transformation
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journey for last couple years. if you go back, our stock is up 210% from a year ago that forced delusion of the share options out there which is benefit and a curse. it is a profitable of cloud company. if you take a look at the fundamentals, it has never been stronger in the business you know, the tech sector itself has been under a bit of pressure with the move toward cyclical. we control our business model. we control, obviously, the operations of the company. as i mentioned, we spent a lot of time over the last year reshaping our portfolio with cloud and revenue and fortifying our position as the leader in the large enterprise communication and collaboration business >> communication you want to move to a subscription model more than a buy it once and see you later model.
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how has, jim, the pandemic changed what you do? you are a business communications software company. i'm sure many of our viewers and listeners use your product and don't know it. how have things changed? >> they've changed quite a bit unfortunately, the pandemic hurt a number of businesses, but for the business communication environment and cloud environment, it has accelerated the transformation to digital from three years to five years before the pandemic, new technology in the space like ai collaboration and cloud solutions were emerging technology today, they are front and center that fits in what we did when we repositioned our portfolio a couple of years ago. to your point, brian, our accounts for recurring revenue, we're up over 400% year on year.
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recurring revenue represents 66% of our rough knevenue it is a real testament to the innovation and testament to the relevance and we're a global provider we're in 180 countries we provide solutions any way the customer wants it. we he cover the full breadth of the space. we're excited about the opportunities that are in front of us. >> stock has bounced back in a big way. you were a $6 stock in april of last year. you are now a $26 stock. down in the pre-market, but boomed off the low let's talk about the -- forget about avaya. let's talk about the world video software that obviously boomed what is the work force of the future
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the next 12 to 24 to 36 months are video meetings dead? is it a hybrid if i have to get on a plane in raleigh-durham, i'll do it, but half the time, i'll do a video call what are you expecting from your own employees? >> yeah if you look at it, i don't believe we will ever go back to the office like we were in january of 2020. our technology is fit for purpose. one can operate as efficiently from home as they can in the office i think your point was spot on we will see a hybrid solution. i don't believe the collaboration and video solutions may dip a bit, but there is a tremendous market out there. a pent-up demand as well we focus on s&p and big market
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and large enter prise the shift of the pandemic allowed the new technology to drive a better customer experience that's where we see the market moving that's where we are investing significantly. those investments are starting to pay off >> quickly, sorry, jim will your workers, your employees and teammates, are they back in the office in north carolina or new jersey what is your office going to look like? >> they are not. right now, we are targeting around september 1st for our employees to come back the real reason is around trying to work the personal life with the business life. they can be as productive at home obviously, they have children and summer camps are not open. we don't want to cause
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disruption to employees work/life balance. we are targeting september 1st we will see how the rollout goes with the vaccines and where the pandemic is at that point. we are in no rush to bring employees back we understand we are trying to balance work with life and our other countries, because we operate in 180 we are following the laws of the government in some countries, folks are back in. to your point, they are back in typically three to four days a week and more time than not, not at 100% capacity it is working well >> well, if some schools are still closed in the summer and camps closed, i'm sure they are happy, jim you cannot leave a 7-year-old home alone jim chirico, ceo of avaya. have a great day the best to your team. >> you, too.
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thank you very much. you're very welcome. let's step outside of the world of business and get a check on the other top headlines. for that, let's go to phillip mena >> president biden is speaking about the jobs report due out at 8:30 a.m. eastern. the president will make the case for keeping momentum going bypassing the $2.3 trillion infrastructure bill. the president insists this increases american manufacturing and jobs out of control chinese rocket is expected to crash back to earth this weekend. most of the booster will burn up during reentry smaller debris to pose a risk. most of the earth's surface is water. the military is tracking the rocket, but they will not pinpoint where it will fall
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until a few hours before it happens. and the atlanta braves say the new stadium will be open to full capacity for the first time in 19 months close to 41,000 people will be in attendance. fans can get vaccinated there at the stadium. those who do will get two free tickets to a future game brian, that's cool incentive to get inoculated >> wow full capacity. 41,000 folks in atlanta. the braves are one game un under .500 phillip, can you give us a general location of where the rocket is going to crash don't just say there is a lot of water on the earth in new jersey? do we have to duck for cover >> i will be hanging out as far inland as possible i don't want to be in the splash zone only in seaworld is that acceptable >> phillip mena making a run
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have a good weekend. take care. >> you, too. all right. 41,000 in atlanta. some schools are still closed. all right. coming up, is big tech's big ten-year run done? one strategist says growth may be done growing. if you haven't already, grow your minds subscribe to our podcast apple, spotify and stitcher. dow futures up 36 and nasdaq up as well it looks like a good jobs friday we're back right after this. ♪ when i was young ♪
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but is it secure? sure it's secure. and even if the power goes down, your connection doesn't. so how do i do this? you don't do this. we do this, together. bounce forward, with comcast business. welcome or welcome back. 5: 5:30 on the nose the next guest says growth stocks may not grow as much as the past few years he downgraded his growth versus value over 14 years of that puert performance by growth. keith lerner joins us now. keith, i read your note a couple of days ago. i knew growth had done well. your data and i'll read it look at -- the growth style gained 372% from 2006 versus
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just 63% for what you call the value style. i knew, everyone knew, growth out performed value. i did not know it was that extent has that flipped are we in a beginning of the decade-long shift? >> first, happy friday, brian. great to be with you again we think it is value's time in the sun right now. the 14-year cycle is an extended cycle. the most extended growth cycles in history if you think about why that happened, brian, think of growth started to take leadership heading into the financial crisis financials got hammered. we had the slowest economic recovery in history the last decade investors paid a premium for growth growth and technology has started to under perform for several months we went overweight value this
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year we think as we have above trend economic growth this year and next, value will out perform we there is an up side with energy and materials as the favorite sectors. >> i need to correct you, keith. we don't call it friday. we call it we get to sleep the next two days day. from now you on, it is no longer friday sleep in the next two days day otherwise, where should we then be investing do we dump the faang stocks and buy diamond back energy? do we dump iphones >> we are not saying move out of growth entirely. the one area that looks strong is the communication side. i wouldn't give up on that i think we have more up side in financials let me give you an example, brian.
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financials just moved above the 2007 high. over the last 13 or 14 years, they have been compounding at a rate of 1% that is versus 7% still think tu as the economy recovers as a whole. you think about materials. everyone is concerned. we talked about this on your show of commodity prices why not benefit from that by being in the material areas? energy, you know, people will still be driving we are seeing more travel as a whole. the energy sector has under performed the broad base market by 80% in the last three years there is still opportunity we are sticking with that trend and using pullback to get to the value side of the market >> we have seen, you know, stuff done by tom lee doing great work showing when the price of oil is at whatever level, $65, oil
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stocks tend to be higher than they are now they have been dumped by institutional ownership. esg funds will simply not own it is that unlove be a benefit for those who can learn to love it >> that's right. you know, the energy sector became the smallest in the index coming into the year we have seen a sharp rebound the other thing that is important is not just a thesis of saying these are starting to look better. these earnings are stronger in these areas that i discuss financials and energy and materials than any other area in the market the momentum relative to the overall market is strong that is why technology has, you know, under performed some early in the pandemic, technology was the only place to go because these companies were thriving now there's a lot of catch up potential in the areas of the
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market there is more up side to go, brian. >> that's a big, bold call from keith lerner from truist maybe things like paved rock and volcan materials can be a better buy. keith, we appreciate you coming on best to you. take care. >> have a great weekend, brian all right. thank you very much. great weekend meaning lots of sleep. right now, more good news. your weekly insider buy is back. during earnings season insiders can't buy now we're back now we have enough for the comeback the top five companies with the move insider buying. not buybacks executives buying their own stock with their own money and we count you down five to one. don't show them all. we have to do it like -- five to
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one. don't read that stock five. rockwell automation. cfo buying $131,000 worth of that stock stock four, masimo a california based medical technology company general counsel making his first buy ever $231,000 the third most insider buying? bigger company than the previous two. eli lilly. board member there buying $250,000 his insider has a strong insider buying track record. stock number two associated bank asb. a board member buying 638$638,00 his first buy in 18 years. we're watching you and the most insider buying this week is sensor company amphenol.
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board member buying $1.3 million of stock the first buy by this insider since 2018 and, but the way, buying on strength that stock is at an all-time high there you go top five insider names this week rockwell, masimo, lilly, associated bank and amphenol we do it every week outside of earnings season and only here on "worldwide exchange. those stocks, by the way, tend to out perform over the course of the past year. many ceos and insiders we named probably have second homes or are rich. second homes are not just for the rich there is a huge demand for second cribs the problem is if you want to buy one, timing for the loan
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cannot be worse. diana olick is here to explain why the timing of the second home buyers is a touch off diana. >> reporter: just the one home, brian. just the one i'm in right now you. starting this year, mortgage giants fannie mae and freddie mac puts a shares on the high. this was at the request of federal officials at the trump administration they were looking to lower risk at the two companies now it is harder to qualify for a second home loan and those loans may be pricey. this as the second home share of mortgage applications jumped to 14% in february up from averages of 9% in 2019 and 10% in 2020. demand is up because of the increase in remote work and little bit of urban flight mortgage broker in boca raton, florida says demand is up. we are seeing it is increasingly
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difficult to qualify for a vacation home. there is no change to requirements, we are seeing profiles that would once be approved now experience more challenges it is not game over. especially since mortgage rates are still low. melissa cohn said some non bank lenders are taking advantage of the changes at fannie and fre freddie. banks got more restrictive during the pandemic, but over the course of the last two months, most banks have started to thaw and have reopened their lending to second homes and investment properties. she noted that borrowers have to get creative opting for a ten-year a.r.m. there are options, brian >> diana, with ates, i think starting to rise a little bit right now. let's talk about additional issues not just availability of mortgages and tightening
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what is your creystal loan ball telling you about the rates going forward? are they higher because of the nature of the house? >> reporter: because they are considered riskier loans a bit of a premium on those. what is interesting and melissa cohn noted, as rates rise, refinances dry up. the mortgage lenders get competitive and offer more deals on the other loans they can get which are the purchase loans even as rates inch up and remember we are still his historically low i bought my first house at 9% and i thought that was a good deal we're still around 3% on the 30-year fixed. they are starting to make better deals. it is a matter of shopping around and being creative. >> or just selling all your dogecoin and buying a fat pad in lake tahoe like all of the cool kids, diana.
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cash >> i don't have any. >> i know. me, neither. one house, olick we appreciate you. have a great weekend diana olick on a second home take care. why do i get up early for this on deck, as many of you get called back to the office, your bosses are becoming really worried about covid-related liability. in other words, it may actually be more about lawsuits than anything else. contessa brewer is here with that next. everyone wakes up every morning to a world that must keep turning. the world can't stop, so neither can we. because the things we make, help make the world go round.
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they make it cleaner, healthier, and more connected. it's what we build that keeps things moving forward. so with every turn, we'll keep building a world that works. (♪ ♪) whether it's a technology first, (♪ ♪) a fashion first, (♪ ♪) a science first, (♪ ♪) or a first for us all (♪ ♪) whatever you hope to achieve for your business, cloud first helps you get to value...first (♪ ♪) let there be change accenture
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welcome back let's talk about the return to work you going back to the office and the challenges the companies and workers are facing because it is not just about commutes or covid. it is about liability and big concerns over big lawsuits contessa brewer joining us with the challenges the companies are talking about before bringing all employees back to the office my favorite part of going back to the office is seeing you, contessa other than that, what are people worried about? >> reporter: i look different outside this box, brian. it's true. i'm looking forward to seeing you, too, buddy. chubb and aig is bracing for lawsuits as workers come back to
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the office litigation is rising law firm tracks covid-related employment lawsuits nationally they have gone up. california and new jersey are seeing the most. they say the business community never really faced the situation where the lot is so uncoordinated and provided little guidance on legal exposures. what is the potential pitfalls i asked the head of marsh's employment practice. it starts with who is asked to return to work >> the notion that certain individuals or classes of people or individual employees are being favored or disfavored over others immediately should raise concerns >> reporter: the second big pitfall. request for an accommodation employees have varying needs child care, elder care, health issues they may have proven they can be effective working from home.
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when employers deny requests for an accommodation, i.e., can i please stay home, the employer opens up to a lawsuit. health and safety. employers bear the responsibility of demonstrating the workplace is safe and healthy and it is legal to require employees to get vaccinated, it could prove a liability if someone has complications from the vaccine down the road or if there are health or religious reasons why the worker wants to avoid the vaccine. brian. >> i mean, there are so many questions, contessa. you can see a situation about safety, ensuring the safe workplace, and if a person will just not take the vaccine or somebody says, you know what i don't feel safe coming back to the office literally, what are you supposed to do? we don't care. get back in? this is a hard call.
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>> reporter: there is a very fine line that these employers have to walk you may have employees who want a vaccine mandate or customers who want a mandate then on the other hand, you have people who say it is my medical choice not to get vaccinated you have to balance privacy concerns the employee relations if you have a set of vaccinated and unvaccinated, will there be friction between them and doling out travel assignments and those things they say the best way to go about it is offer incentives for vaccinations and you have wynn resorts announcing we will require you to prove you have been vaccinated or you go in for weekly covid tests and prove you are negative they are making it a hassle not to get vaccinated. >> i'll call an audible here, contessa there is nothing you love more than when i'm wrong. i know that. i'll admit that mea culpa.
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i'm wrong. wrong in a good way. i thought vegas would be sold out by labor day that was bullish this is your space vegas hotels are sold out. i know you are laughing it up. vegas is sold out now. that's your beat casinos are booming. >> reporter: yeah. we heard from ceasars was 85% occupied in april. in terms of the earnings and occupancy at the properties. ceasars especially all casinos figured out how to cut costs and run more efficiently. the profit margins are expanding. they think may and june, prediction will be fully occupied they are back in business. the mid week convention business the group business is returning. >> the convention business is coming back. we are going back to the office.
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contessa brewer is back. contessa, always a pleasure to see you. thank you. >> nice to sighee you, brian. thank you. will another 1 million jobs boom back in the booming economy or will closed schools and big benefits crush the comeback? we'll talk about it next. a big cnbc event coming up on tuesday join us for health care ceo and technology and investors to explore the innovative companies and the coronavirus effects. it is called healthy returns sign up at cnbcevents cnbcevents.com/healthyreturns. we're back after this.
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monthly payroll day. monthly jobs report at the 8:30 eastern. wall street expects 1 million jobs to come roaring back as covid fades. it sounds like a big number and it is, could it be better? let's bring in tom porcelli. tom, the 1 million average the estimates are all over where are you? >> people are all over the place. that makes sense given where we are. there is so much data coming in on a regular basis that it is sometimes conflicting. you know, a great example would be if you look at claims data. continuing claims data you have isto look at it survey week to week we saw gargantuan improvement. for us, when we make adjustment to that number, we are looking for 1.1 million. brian, you know, one of the things we have been saying to people is i think there is a big
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neutral range on this number i think speaking with clients over the last few days, i think people are braced for anything around 800,000 to 1.1 million. if you do come into the neutral range, i think it will illicit minimal reaction if you come in north of the range, it will illicit monetary reaction the reaction is less than 800,000. that is where the asymmetry sits >> if we get a very low number, tom, there is going to be the cries. we know the underlying economy is booming i spoke with a truck broker friend of mine yesterday a truckload is about $2.50 a mile for the market. his customers are now paying $7 to $8 a mile the economy is booming if we come in below 800, is tha
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a sign people aren't working we know the economy is doing well. >> yeah. it is hard to make the argument that people aren't working at 800,000 people being turned out on a monthly basis i think there are supply constraints. that is what your friend is highlighting by the way, this is not unique to what your friend is saying. anywhere you want to see it. anywhere you want to see it in the data the small business surveymentin hire we have two reports this week. they have been saying the same thing. the supply constrain is real w we talk about the supply chain i think the supply chain obviously is inclusive of labor and people and it is becoming a rather acute >> i will quote the president.
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humans are infrastructure. right? paraphrasing tom, there are restaurants near me shutting down because they can't get employees. if the schools are closed, you can't go to work if you are high risk, you may not go to work the new york times did a story on this yesterday. a ton of reasons is that going to be the ability or willingness to go become to work is that going to be the greatest risk to the ultimate recovery? >> yeah. it certainly could be. i think we have to keep in mind that in the united states, we have 7 million job openings. the pandemic and the economy is turning on it shouldn't be lost on anyone the number of jobs we lost today versus february of 2020 is
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around 8 million jobs. in theory, at best we have 1 million job option if we employ all these people there is an impediment in the way. hopefully reasonable people can have a discussion about what those impediments are. the reality is that there are a heck of a lot of job openings right now. we are starting to see the wage pressure that sounds perverse, but it is in the data. you can see it the inability for companies to pull people into the jobs is now creating wage pressure here at 6% unemployment. i think things will continue to press in that direction. this idea of inflationary pressure, we think is real i think the notion of it transitory the fed is going to wind up being wrong on that. >> yeah. you know what? maybe the fed should get out and
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talk to restaurant owners and truckers instead of reading reports. tom porcelli, thank you very much that number out at 8:30 a.m. eastern. i worry that may be a little too high have a spectacular weekend thanks for joining us. "squawk" and the gang picking up coverage next. take care. we'll see you monday isors create personalized investment strategies to help you get back to your future. edward jones. oh when june-- hit that guy! yes! wait i don't remember that! it's in season 4 - don't tell me you haven't seen it! i watched season 3. you won't stay caught up for long
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