the bull comes in. the bull fighter comes out, first with a cape. then go the [spanish],, the [spanish].. everytything is impoportant. the strength and the energy that this bull has is verery beautiful.l. dadavid culver: : there's nono joy in the e suffering. paula a andion zababalza: exac. nonot at all. interprereter 2: when n it cos to t talking abobout the spepec, i undersrstand that t a persono is a a foreignerer to this w w, and sees thehe spectacle, , s only g going to takeke notice of the aspect that's bloody. it's a combat where the male uses its intelligence, anand the animalal uses its strength. because if it was strength and strength, the bull would always be victorious. [music playing] davivid culver: : it's strane becacause we're e in the midt of this atmospherere that's supposed to be uplifting, thatat's celebrating, but, for y you, and for r many, it seems like this isis actuallyy a veryry challengiging and difficult,t, if not sasad, mom. why? interprereter 1: we e like toto enjoy thehe festivititi. but t sadly, it t also comesesh the

bulls that have been selected.hem at this moment means proving their courage. the length of the route is 800 m, and running bulls cover it in 2-3 minutes. for encier participants, the goal is not just to get ahead of the sides on the way to the arena, but to attract the attention of irritated animals and stay alive. some run through the narrow streets of medieval pomplona, ​​not understanding what the captured people are doing. collective madness for for others it is a form of initiation, a rite of passage into manhood. enciera during san firmin is broadcast every morning throughout the country. millions of spaniards watch this amazing spectacle. every morning, every day, the fiesta begins with encier, it is an occasion for conversation for the whole day and dramatic anticipation of the next morning. for navartz, dying on encier is not stupidity, but a noble death. pamplona residents are often dissatisfied with the presence of thousands of foreigners. not quite sober after a stormy night , he takes part in a run. s

why the big bull run? the october consumer inflation out this morning just last month, it did end up having massive market moving muscle. inflation moderated more than expected to, prices remain flat, economists looking for 0.1% rise and headline year-over-year, was 0.1% less than anticipated but look at core inflation, look that is what the fed looks flat and food and energy prices, it rose 4% versus 4.1% in september so looking slightly better, that triggered quite the avalanche in bond yields. it is almost ski season. the two year yield most sensitive to fed policy diving 22 basis points. stands at 4.82%, 10 year yield, 19 basis points to 4.44%. the market clearly believes the federal reserve will turn off the lights on future rate hikes. that would mean higher stock market highs from here, bring in the floor show. experts to gain, thomas lee partners ceo scott sperling, j see is like why bother wasting time shorting stocks, especially when you see what is happening right now. do you believe this? >> if

this is a nice bull pattern.e, which is that we need the russell to participate we need the russell to participate. a little bit of an uncomfortable pullback right now reverse that quickly. >> he said it was going to and those other stocks like the other tech stocks were going to go on a big run. >> yeah. >> he said new bull market for those. do you agree with that >> that's more of i think a prove it situation got a nice start today with intel up 6%. >> yeah. how about energy how about energy you have -- you're overweight by a good amount. >> troubled. >> in that space. >> you've said that this is make it or break it for the stocks, right? so far it's break it what revers this >> so the way that i see this sector right now, first of all, let's be clear on something, the spot price of oil is down 10%, energy only 3% that's good. here's the setup and a little bit of the troublesome situation for investors. most speculators are long energy what are they going to do? are they going to bail out now no they will wait

there are three important factors behind bull markets. one is equity risk premium is high and positive, number one. number two, unemployment is high. the other thing that's very important, households' exposure to equities is low. all three of those factors all work against a secular sustained bull market in stocks. so, yes -- liz: [inaudible] >> no. unemployment, you buy equities when unemployment's high -- liz: i see. >> for secular bull market, the market's up this year, and a lot has to do with liquidity and the fed eadsing. one last point -- easing. soft landings and recessions always look the same until they don't. >> okay. but here's the deal, no one says necessarily that it's going to be the another bull market. i'm arguing that i don't think the fed, there's signs yet that the fed needs to cut. liz: okay. >> that the market can churn right here for a while. liz: what about the 7-year bond auction today? folks, if you look at the intradays of the yields for whether it's the 7-year, the 01-year, the 2-year, they started to fall. i'm

and then zoom, i like to say there is always a bull market somewhere. >>> right now on "last call," the ai arms race heating up. chatgpt moving to steal the thunder from mr. elon musk. the cost of corporate activism. senator ted cruz out with a new book "tallying the tab," he's here to make the case. >>> renewables going dark. broken dish, satellite provider stock is crashing. is it a bad omen for media at large. >>> is it a handbag? is it a computer or is it a cake? look at that. we'll look at the entrepreneur made famous on

abo prince tur staў turam is not the hell of the torah, but the hell of the bull.atsey, geta velmi forgotten history. as soon as the world of kiryl appeared, the grazing tribe of drygavichou had already begun to live and could get enough of it in the early hours of the city. the ranks of the church rose in all the villages. the zhykhars of turav adopted the greed of the akhvotn. perhaps there are stone roofs, yakiya... the flood legends floated through the city on their own passages , in defiance of the laws of physics. as a result, the turanians began to build temples instead of capitals. kiryl grew up with this aristocrat, perhaps the prince of a plowed peasant. it would seem that there would be good prospects for his career, but the lad would have taken the other steps, the vedas and the spiritual channel. the life of kiryl turaskag. the son of his father's wife, he does not like wealth and perishable glory. to the world, let’s learn the holy scripture. yunak payshoў at the monastery. there are a lot to torture, and yakayki karyz gatye pasto, malitva, chytannya

, in a new bull market? >> i said this 14 months ago. sorry to say i said this a while ago, but i said october of 2022 is the start of the bull market. everybody doubted it all yearlong. it was climbing the wall of worry. i think that's going to follow-through into year two of the bull market, which is part of a cyclical bull, part of the secular bull market. >> you are trying to claim credit for being the super -- >> hold on a minute. if you look at how things are looking on a fundamental basis, pristine cash flow and balance sheets, and earnings are stable. if you look at other names. what about delta? okay? what about united airlines coming up recently? what about the other names in the housing market. the housing industry was the second best performing industry, and there are other names besides the magnificent seven. there are small banks up 30 to 40% to date. if you are a stock picker and not trying to call the markets like all of these rabid bears -- >> you just made a big market call yourself? >> tha

there's always a bull market somewhere.lp you find it "mad money" starts now >> hey, i'm cramer welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to save you some money. my job is not just to entertain but to explain tell you how days like today could happen so call me 1-800-743-cnbc or tweet me @jimcramer. when interest rates spike, they can stop any rally i

there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now. >>> hey, i'm cramer. welcome to "mad money" welcome to cramerica. other people want to make friend, i'm trying to make you money. my job is to educate you and entertain you so call me at 800-cnbc. >> the dow advanced 55 points and the nasdaq dipped 2.2%. i bring up the wall of worry because we have a huge number of strategists who came out this very morning and offering all sorts of mumbo jumbo about what the company's s&p 500 can earn in the aggregate and what we should pay for those earnings. good exercise, but i prefer to focus on individual companies and it is "mad money" and we like companies and we like stocks, perhaps the most ferocious on the wall of worry are dow stocks, and we knew that stocks were toast. [ shot fired ] >> it was endless and torture. >> the house of pain! >> and everyone wanted to flee the stock market for bonds and they didn't know if they should buy bond now or later when the yields would be even higher and then the unthinkable happ

i don't know that it's helpful to laebl this a bear or bull market. i think we're in a choppy trading range. it may remain a little after the digestion phase after we've gone up 7%, 8% in loans. >> at some point you're going to have to say, you know what? i thought we were going to have a recession. lag times often take effect. maybe not. at that moment do you change your outlook because you don't think earnings are going to come down dramatically enough to make it completely multiple on both sides? >> yes. i think ultimately what's going to cause this market to move lower is going to be a weakening economy that takes growth to zero or to negative and takes the unemployment rate to something in the, you know, high fours, mid-fours or higher. to the extent that that doesn't happen, then this market could sort of grow into its multiple and could grow into that type of economy. but i think we're still aways. you know, we're still six, nine months away from that point to saying okay, we've made it through the lag effects from the rate increases. we've mad

for the bulls' thesis to work out, the fed has to be done. for the bulls' thesis, i.e. mine, the fed has to be done raising rates. and so what i'm really paying attention to is next week's labor reports and then the following week's cpi, ppi have to come in soft. >> are you looking at the ten year at 4.33? >> what is that saying? that's saying the fed is done. and if they're done, i think this rally continues and i think there's a point in time shannon looks at it and says, okay, the fed is done, and we get in. >> on that note, steph, i'll get to you in just a second. let me bring in steve liesman, maybe you call this the waller bounce, the ten-year, steve, started going lower and the stock market started going higher when he suggested the policy rate could be lower if inflation continues to fall for several more months, i.e., did we get the first fed official acknowledging you could have a cut of interest rates? >> so we're checking on that. i do know, scott, i talked to two fed officials last week and asked this very question. neither wanted to go there. the way i'm t

i own bulls. i rode a bull before., twisted steel, he actually just made it to the pbr. thank you. these guys are chasing a cow or a bull here for whatever reason trying to grab him by the neck, tackle him. one guy's got him by the tail. i don't know why you would do that. that's what happens when you grab bulls or cows by the tail. i don't know what this sport is, why anyone would do it or why anybody would want to watch it. >> oh man. todd, that was like your bachelor party. >> exactly. a lot of bulls? oh god. no. no. no. i don't even know. >> i don't even know what i meant by that. >> i don't even know what i meant by that. made a joke -- this segment is over. >> it's not actually. that's very rude of you. >> there's the squirrel. he's so fat. look at it. um, look, he's so fat, but, look, you can see he ate this lady's, like -- this lady is like, it's fall. i'm decorating my house in the fall but he comes up and eats her pumpkins or gourds or whatever those are. i don't know. i don't really care but imagine seeing t

>> if i had to make bull case right now, no. i would want there to be more participation from other parts of the market, and if we're going to try to be consistent through -- all right, cuts are going to start and cuts will start to because they can and want to normalize. that would indicate we went from late cycle without a recession which, again, i would say possible and not probable, but if we're trancingisitioning fro cyclicals and the industrials, energy financials and i would expect those to start to come up and we talked about this all year and will the bottom line of the rest of the market come up to meet those magnificent seven. >> do you think that's going to happen? >> if it were a bull case and we come to psyche will behavior, those would come up top meet the top ones and that's not my base case right now. >> erin, what about you? this idea that the lagging places in the market and maybe the biggest question mark of all are the small caps at this particular time. how do you feel about those? >> so i don't think that

technical patterns, advantage bulls. seasonality, advantage bulls.or founder, ceo, dan fitzpatrick. dan, the market, there is no doubt there is a sigh of relief or just sort of like we can exhale a little bit, all the anxiety it was a tough summer and things certainly look good. we still haven't taken out key numbers, right? >> right. charles: zap 4600, those kind of things. what do we need to clear that last hurdle and get one of these real year-end or into 2024 rallies? is a. >> you know i think we're actually in there. i feel like over the last few weeks since the late november, since the late october low, the market's come up so much, it has shown such a shift in sentiment we've gone from being overly cautious or almost greed which is a good thing for the bulls, which is what we want. my sense, we wait, we see what happened with nvidia, that if they blow out earnings and think move up from there, that will pull in more. i think even more money but you got to be going looking with, looking at the megacaps. they're still kind of the only play in to

many of the bulls who run are later killed in the bullfighting ring. animal rights groups have been calling for an end to this in spain. and it's also dangerous for the people who choose to run. cnn's david culver, went to the san fermin festival to take a a closer look k at y ththis traditionon still hols after so many centuries, and experience, for himself, what it's like to run with the bulls. we want to warn you, some of the images you'll see in this hour, mamay be disturbing. david cuculver: el t toro bra, the spspanish bullfifighting bl is t the most rerevered ananimal in spspain.

but you will be aware that the bull— region, i doubt it.e bull is _ region, i doubt it. but you will be aware that the bull is very - region, i doubt it. but you will be aware that the bull is very much l region, i doubt it. but you will be l aware that the bull is very much in hamas' court. if they were to release ten hostages a day pass the four days that were already agreed, then the cease—fire, this temporary truce would continue and would continue for many many more days were they to keep releasing hostages. it is now in the power of hamas to control whether this restarts. , ., , , ., restarts. let me be honest with you, and tell you — restarts. let me be honest with you, and tell you what _ restarts. let me be honest with you, and tell you what would _ restarts. let me be honest with you, and tell you what would happen - restarts. let me be honest with you, and tell you what would happen if. and tell you what would happen if hamas releases all the hostages. i would say israel would still continue with the war and netanyahu wants to co

. >> bulls are going to remain bulls and bears are going to remain bears, and -- >> can i clarify my position? i wouldn't call myself a dead set bull. i do see opportunities and i have added to microsoft and humana on flushes, and i don't consider myself, if i am really, really bearish, i could be flat but i am not. i have to pay attention to the macro economic backdrop, which i am doing, and i don't want to believe the 5% i can get in treasuries and 6% in other paper is a good place to be while waiting for what i think will be deteriorating earnings and environments. >> scott, i think people may actually be moving from the bearish camp into the bullish camp. i say that because some of these outlooks came out. >> that's for the end of next year. >> 2024, but the number you imply, consensus is 242, and that implies it's expected that growth -- >> let me stop you for one second and i will give you the ball back in two seconds. on that note, morgan stanley's economists, their economic team, are much more sanguine on their view of things than mike wilson is on the strategy side, right? i

we bought... we bought a trial batch of something sheep, no, we bought them right away, i bought 22 bulls, raised them, mowed them with my hands, carried everything , as they say, with physical labor , so to speak, earned money for feed, mowed them, all alone, then sold the bulls, bought a tractor, grandfather i helped a little, we bought a tractor, then we started restoring the old equipment and, accordingly, expanding a little, no loans. in the bank, no lending money from friends, everything on my own and from my own savings, one might say, playing at the bank, but i somehow can’t believe that oleg did all this alone, and you say we, well, we started, we are expanding, who are we, that’s who else , well, the children help, the daughter comes, helps, how old is the daughter, the daughter is 19 years old, ignat, in the 11th grade, son, and ilyukha, i got in, you have three children, three children, yes, but when did you have time, i’m embarrassed to ask, 20 years old, got married, 20 years old, everything else is according to the rolling program, yeah, but what does a wife have to do with

soft landing, new bull market, and credit card debt is at an all-time high. we're in a new landscape where if we get any hiccup in the market and job unemployment even ticks up more, i think that consumer will be really stretched and things could get ugly pretty quick. >> what about you, weiss >> i have no bid for the consumer we see the trends going down it's just not the place to be. you can't make the bet that employment is going -- unemployment will continue to rise, that you've had a la effect on the economy, that things are weakening and the consumer stocks because revisions can be stronger. target, it's a relief quarter but the sales numbers are still not good the guidance still wasn't good i think you can make money elsewhere. why go there if you don't have to have a rating >> the headlines now with kristina partsinevelos >>> hi, scott. united auto workers union ratified a new labor deal with general motors these are the first workers at one of detroit's big three to sign on to the agreement ford and stellantis voters are working on whether to approve

i rode a bull before, and i got just got my bull twist to stealt . >> he actually just made it to the. to thank you. these guys are chasing a cow ort a bull here. >> for whatever reasonevso. , trying to grab him by the neck tackle on one guy's got him by the tail. >> i know why you would. yeah, yeah, yeah. that's what happens when you when you grab bulls are cows by the tail. >> i don't know what the sport i is. why anybody wouls, d do it or whyanybod anybody would want to watch it. >> oh may itn, that was like your bachelor party. no exactly. a lot of bull. oh, god, no. >> i no, i don't even know what in kn meant by. that. but. and i don't want to know what i thought you meant by that. a joke that on'tn know wi met ad in my chair. >> yes. this segment is over. all right. segmen nono one more. >> not actually. ver that's very rude of you. okayde of yo. >> i called him earlier in the show. okay, we'rlook at ite good.um, o yeah. oh, there's a squirrel. he's so fat. look at it. lookok so fat,, he's so fat. >> but look, you can see he ate this. ladies, like. house in she's all like, it's

the formula one season came to a close yesterday with max verstappen and red bull hammering home theiretween may and september he pulled away in the championship with 10 wins in a row, no—one had done that before. only once did he fail to make it onto the podium, another record. add to that the highest points tally in the history of the sport. 290 points clear of teammate sergio perez, that is the biggest winning margin in the the drivers championship. earlier, i spoke to our formula one reporterjenny gow. he has been in a league of his own and we said that and score all of the time is a cliche, but it is absolutely true for max verstappen. no one else's been able to touch him. and that winning combination of him. and that winning combination of him that red bull car that is designed by his team had just been perfection. you are right, we have seen other forms of domination in the sport. if you think back to michael schumacher, much revered but actually at the time, when he was winning, very boring. i think of the sebastian vessel, lewis hamilton, unless you are cheering for that one p

on, little angel, come on, oh, daddy, come on, while the girl was pretending to be a snow angel, a bull named void was frolicking next to her owner without a muzzle collar. suddenly the dog broke out of the fence and ran towards the child. polina's nanny recalls with horror the moment when the dog grabbed the baby's face with a death grip. she knocked it into the snow and immediately began gnawing on it. i grabbed and tried to grab her by the muzzle, the dog, so that she would unhook from the child. and at this time. i grabbed my finger, that big one, and apparently it saved me even some part of the child, the owner of the dog, alexander polishchuk, said in a telephone conversation that his bull terrier is very sweet and friendly, and what happened was a pure accident, i don’t even understand why this happened, she is not an aggressive dog, but she loves children very much, she plays with seven, loves, well, she ran, saw, nothing, play , but some neighbors say the opposite, a few months ago she lost her dog... vojta was injured by a woman who was walking a decorative dog in the yard, bu

there are strong bulls going into the market. i think what we're saying is there's opportunities beyond the magnificent seven. short term, what are you playing? you're playing momentum into year end, which could be very much concentrated in winners but if you're saying longer term the fed is lightning, and all the signs are telling us that should happen, maybe towards the midpoint of next year that we would get our first rate cut, with that backdrop, putting capital into some of these areas that have lagged i think is something that makes a lot of sense. >> if there's opportunities outside of the mag seven, where is the money going to come from to go into those areas cash that's been on the sidelines? >> yes >> money markets not necessarily from the mag seven rotating into these areas? >> a lot of things will happen at the end of this year. tax lost harvesting because of the concentration in that performance. there's a lot of cash on the sidelines, as well, right. when you look at the amount of money that's flowed into t-bills, m

there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now. >>> hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to save you money. my job isn't just to entertain but to educate and teach you. call me at 1-800-743-cnbc. or tweet me @jim cramer. as the late baseball great yogi bear once said about a red hot restaurant, nobody goes there anymore, it's too crowded. even on a solid day where the dow only gained 84 points, s&p edged up 1%. nasdaq up. these stocks, six of which we owned with the trust for some time, which you can follow by joining the cnbc investing clubs. the ratings of alphabet, microsoft, nvidia and tesla, so why wouldn't the index swing with them? let's go back. you have to wonder why so few people actually own these stocks. i spend a huge amount of time speaking to investors, especially young investors. rarely to i hear of anyone that actually owns these stocks. in fact, i don't even meet nvidia. why is that? well, there are a bunch of reas

with morgan >>> and what a day it's been green across the screen as the bulls take charge.anuary. that is the scorecard on wall street, but the action is just getting started. welcome to "closing bell" overtime i'm morgan brennan jon fortt is on assignment we've got full coverage throughout the day we're going to take a technical look at the next key levels to watch when we're joined by piper sandler's technician craig johnson and rich weiss with american century we'll have his take on whether

señors, look at how stealthy our asilki are in pursuit of the bull, what’s wrong?a pauz. tsud, y, well, on the right is that, because ours didn’t publish anything new there. and that’s it, i look at the bulls, stunned, sputtering with pain, and the sparkles falling from the stands, as we say. zusim yak on tooth fishing. the admonishment of gassy pra blavanna on the mighty beast, like the valadars in the cannons of the vyalikag principality, the zatsikavі of the fast-living italians. tym pains, our great meats, yana then they knew nothing. historic daishla and the pope himself. tens of medzichs would be intrigued. what kind of water is it in the kalmaty volatians in the volatian principality of lithuania? our smoke bombs pastanavіl adkazatsya pantyfika razgorod. with a jumping spidery rainbow , they began to grow up, who are the best specialists in the bison, all here are gusovskiy and jumping bastards of young people , he is the son of a fireman, as from the dzyatsinstvo of the great fishery, who sculpts for his disintegration yadze pra geta. mikalai with the impet

bull, baby, they used to use a big horn to call the bison to the feeders, now they just knock on the so murakami saw a bucket in my hands and immediately came running, he knows that it’s time for breakfast, they feed the bison twice a day day with special mixed feed, carrots or beets are usually given as a treat, bon appetit, have a snack, the young bull with the strange name murakami does not leave, he expects something tasty... from nikolai, he knows that he is a favorite. zubravet is proud of his charge, he is the largest in the nursery, 2 m tall. on the one hand, he is very affectionate, trusting, but on the other hand, he is very powerful, massive, the kind of bull that will stand up for the defense of his paddock, his bison and calves, that’s why he says, he’s a real bison. in 1945, when the priogskas reserve opened, they didn’t even think that they would save zubov. helped lynxes, deer and roe deer, and the place as it turned out, it was ideal for breeding these animals, which were already on the verge of extinction. in 1948 , a nursery was opened here near serpukhov, and it w

yes, i watched the bull slaughter for whole days. tverdal is my friend, your hand.to prove it. soon, when signora permits, then i dedicate the bull to you, thank you, the honor is great, the breed is, to be honest, good, and dear ines. well, to be the second bride in the house. as for philippe, i’m waiting for news, but i don’t know , he’s disappeared, he’s not visible, whether i can bear a double burden, having only one goal in life to be with him. i want it to be 3:09 at the same time. look at that balcony, there they are, martha, be careful, because you can give yourself away in this way , you are too inflamed, and the fiery gaze of my love screams, respond and revive your gaze with affection, it doesn’t see, there is only one way, friend, come to her, call her, say that i’m on fire, tell her, tell her where, here, you’re crazy, well, be crazy, be my ambassador, i love, i love, i’m hammering like a woodpecker, i’m glad to be an ambassador, but to be a donkey in the country , ugh, well, let’s take a nap, i’m buying all the goods, and well, grab the masks to have f

true, there is a clearer version: the justice is not in the prince, but in the languid bull of turs,n to be called turami, who loved the prince turu, like the great ones, love them, or the prince tur staў turam not hell torah, but hell bull karatsey, geta velmi forgotten history. as soon as the world of kiryl appeared, the grazing tribe of drygavichou had already begun to live and could get enough of it in the early hours of the city. panad. the ranks of the church rose in the ranks of the church. the zhykhars of turav adopted the greed of the akhvotn . it is possible to dig there stone roofs, such as the legends that floated across the city in their own way, in defiance of the laws of physics. as a result, the turanians began to build temples instead of capitals. kiryl grew up with this aristocrat, perhaps the prince of a plowed peasant. i would have thought there were good prospects for my career, but the lad would have been rewarded otherwise. vedas and spiritual history. the life of kiryl turaskag. the son of his father's wife, he does not love wealth and the perishable glory of

the hero of the meeting among the bulls was young forward alexander kaksharov.way, the son of the head coach of the belarusian handball club meshkov brest. moskvuch. had a chance to even the score at the end, but sobolev’s goal was canceled after watching var, i note the heroism of the bulls’ goalkeeper agatsev, a soft serve for a long-range strike, at the moment, after six matches played in the cup. russia krasnodar is in second place with eleven points. spartak remains the leader of the group with 12 points. bayern munich's journey in the german cup ended with a sensation. the country's leading club was knocked out of the cup, losing to a club from the third league in the ninety- sixth minute. müller put bayern ahead, but saar brücken equalized with a goal into the locker room. and in that ninety-sixth minute the club scored the winning goal. munich finished the fight already at the stage of the second round of the german cup. iga Šwiątok won the second victory at the final champion. wta, but still has not secured a place in the semi-finals of the prestigious

if your definition of a bull market was that we're not in a bull market until we recovered everything, we would not have seen a bull market in the entire 1930s, 1940s and half of the 1950s. so we look at a 20% advance that has retained this above level reading for at least 12 months and that's exactly where we are now. but because of the fact that the fed has been on a tightening policy during this bull market run, which it had not in other bulls except the 1988, that i think has put a lid on the exuberance that investors could exhibit. >> what about the presidential cycle? the i know you've been looking a lot at that as we go into an election year and what that might mean for certain parts of the market. what have you found? >> absolutely. very, very encouraging. since 1945 when you look at the pre-election fourth quarter for first term presidents, which is where we are today. the s&p posted an average total return of close to 6% and never declined, that was the most important part of that issue. for the full election year, s&p gain was close to 15.5%. also never declining. so first

bulls will take that.d jon. >> stocks continuing the recent winning streak finishing the day higher after tancing between gains and losses between the session. that's the scorecard on wall street. the action just getting started. i'm morgan brennan at cnbc headquarters. >> i'm jon fortt in washington, d.c., today, coming up this hour, chips and trips. we will get quarterly results from nxp semi and trip adviser as we kick off another big week of earnings. >> plus, new burger berman president and chief investment officer jo amato joins us with one surprising area that could

the red bull drive us started this race from pole position, bought his leads, came on to threats on the opening coolness reach charlotte cloud, bethel thought to try and take 1st place. but as in almost every race this season, the stuff and aunties cost was simply too good. 50 a lot, slight. he's 19 victory of the season was confirmed. no other drive in history has one more than 13 in a single year. it's a level of dominance that may cause concerns either competitiveness, but so 1st step and it's a moment to say, but yeah, i'd say big thank you to everyone at rental it's has been an incredible year. um it will be hard to do something similar again, but uh we definitely uh, yeah, enjoy this here. so for stuff and picks up. yes, one of the troy fee to add to the collection. now it's up to the rest of formula one to what account, how to catch up with in the and to kaci lenovo team. right? if francesco benya has retained the motor, t p will title following victory in the wrong pre off valencia, the italian's main rival. okay. modern or prima premier, gracing crushed out formerly a collision

and a lot of your members have children who have now become soldiers fighting in this bull. how, how does that sit with you? that is horrible. i'm not is why. also one of the reasons that we are fighting for a political solution. the most important thing now is for all the hostages to be released. that is a for i already because i'm 1st, if you want to be safe, what securities, both these safety, if you'll government is not taking care of you when you are in the hands of a terrorist movements or suffer, as we've already said, the tracing cause that has been extended by 2 days. it's given people living that a temporary sense of relative. com. the best to tom is to access humanitarian aid. but 8 organizations, one the situation for civilians across the gaza strip remains dia. these kids raised to weather and still play outside the cooling draining. conditions are an additional bed and for many and to make shift shelters. and garza and my bottom, the rain and cold have worn me out and i kind of do and it's in my clothes room where it's and i can't change them. and yet i have no

maybe i'll be a convinced bull. >> a convinced bull. i'll tell you something right now, when you turn convinced bull you better come here and tell me that after being a reluctant bear as long as you were. deal? >> deal. >> you got it. victoria, last question to you. disney in overtime. you own the stock. what are your thoughts? >> yeah, you know, we own it in our index strategies. woo we're not owning it in the more concentrated portfolios and obviously subscriber growth, everyone is watch. ad revenues will be very important and we saw that with earn w warner brothers and the key is the restructuring that's going on. selling abc and partnering with espn and espn bet and hulu and if they don't go exactly as planned then you will see more volatility in the stock and we would wait a little bit longer and let some of those uncertainties pass even if we miss a little bit of the upside and then start adding to your position at that point. >> we shall see. it's going to be an interesting one, that's for sure. victoria, thank you so much. sebas

the 1st previously on reported system is red bulls. that's the one used to come in and check parts web. how this thing is a biometrically registered and assessed against information held on. so just teach reg both by pairing new faces with ideas and other biographical information. then this blue a facial recognition is ready for his youth in the field on grades or temporary checkpoints, to capture photos of published in the system is wide enough for facts, allowing them to check if products the mean work except the correct kind of gives consecutive access to confidential government data, connecting order placed is wolf pack, the data base, the aims to build a profile of every kind of thing and in the west, including information like a person's name, where they live, the family members con license plates and whether they a wants it or not, according to testimony, is from veterans. is there any soldiers, even in fence of ives to compete with one another? i have a who can collect the most data in photos of palestinians. if just one of the

anderson c cooper: thehere hae been callsls to keep t the bulls intact but end the bull fights in pamplona. so far though, no changes have been made. dennis and bill, who you met in this hour, plan to run again at next year's festival. thanks for watching. i'll see you next sunday. [music playing] >>> hello and welcome to our viewers joining us here in the united states and all around the world as we continue our coverage of the israel/hamas war. i'm rosemary church. it is 9:00 in the morning in gaza where the fourth day of a temporary truce between israel and hamas is now under way. and in the hours ahead, we are expecting the release of more hostages. monday is set to be the final day of this agreement, but hamas says it wants to extend the pause in the fighting beyond the four-day deal. a source tells cnn israel's war cabinet also discussed that possibility sunday night. day three of the truce saw the release of 17 hostages, including israelis and foreign nationals. the group included mothers and children and range in age from 84 to 4 years old. the youngest being israeli american abiga

them out machine gun, they knocked out the butt gunner right out of the gun while he was changing the bulle commander, even when he was wounded, gave orders, we knew that he knew the battlefield, they knew how, what to do, they were calculating something in advance, we calmly carried out the task, and accordingly, we received victory, we are worried, we are worried, health to the commander, a speedy recovery, victory will be ours. the european union is unlikely to fulfill its promise to supply the kiev regime with a million artillery ammunition by march, writes bloomberg, citing sources of a familiar situation. according to them, brussels is far behind schedule. more than half of the allotted period has passed, and the europeans handed it over to ukraine. less than a third of what was claimed. in addition, the number of contracts with manufacturers shells clearly do not correspond to zelsky’s appetites. what's next? question: the prospects are vague in the eu on military supplies there is no unconditional agreement, in the us soon. the presidential elections and ukraine are one of the most

. >> and the bulls would say, yeah, so? it's still pretty good. as long as it remains pretty good and not horrible, that's the definition of what you want. >> here's the difference. the difference is the bears in my belief -- the bulls say they do it but they are not. the bears are looking forward and they are saying they are looking for the massive tightening cycle. >> the bears are singing the same look forward tune for the last year, recession is coming and recession is here, recession is next week. >> the bulls have not been entirely right, and if you were not in the sectors that were lining up upon the economy like industrials and some of the other names, you lost good money. it's not as if the bears were so wrong. they were not. the market goes up 80% of the time, and i would tell you if you handicapped it the bears were right and the bulls were wrong. aside from the seven stocks. and now the data is going the bears' direction, and we are seeing that across all the data reports except for the anomaly in retail sales a few weeks ago, and that

you are all bulled up about the active install base, record highs, it keeps the fly wheel going. the apple story continues. does it justify this valuation? does it justify a push higher? >> i think it does, melissa, and i think that gets lost in kind of this in line-ish quarter, because if they continue to grow the number of active devices, that means that the revenue durability, the visibility continues to improve. and we've gone back and you've heard me talk about for the past year that i think this should be viewed as a consumer staples company. those multiples have come down, but they are surprisingly high relative to growth rates. they tend to trade the big ones, coke, proctor & gamble, clorox in the mid 20 multiple and they tend to be a 1% type of growing business. and n the case of apple, i think we're going to return to a 5% ish growth for a couple of years. and they have upside for other levers, clwhether it's related vision pro or something automotive. a level that consumer staple companies just simply don't have. so, put all that together, melissa, i absolutely think t

the 20th for red bull drivers in the current season, this is a record among formula 1 teams. with one stage to go , the red bulls managed to surpass mercedes' 2016 achievement, when the silver arrows won 19 races in 21. the final race of this season will be held in abu dhabi on 24-26 november well, of course, in ukraine. that's what it said, the best players have been gathered in italy, well, definitely not the best players in the world, good players, there are better ones, there are worse ones, this is a tactically competent team, of course, who saw the match against north macedonia, it's also pressing, control of course, and creating an advantage in any part of the field, and accurate passing, well, actually italy is italy, but you know, italy can always be beaten, especially since ukraine now has very, very good players and the best optimism is given by the fact that those players, especially those currently playing outside of ukraine, in the top leagues , they score at a fairly good level , score points, get into the top teams of their leagues, including mykolenko, zinche

verstappen's victory was the 20th for red bull drivers this season. record among teams formula 1. with one stage to go, the red bulls managed to surpass mercedes' 2016 performance. when the silver arrows won 19 races in 21. the final race of the season will be held in abu dhabi on november 24-26. well, of course in ukraine, as it was said there, the best players were gathered in italy , well, definitely not the best players in the world, good players, there are brighter ones, there are less bright ones, a tactically competent team, of course, who saw the match with north macedonia, this and pressings. the ball, of course, and creating an advantage on any part of the field, and accurate before, well, actually italy is italy, but you know, italy can always be beaten, especially since ukraine has gathered quite a few good players, and the fact that those players, especially those who are currently playing outside of ukraine, adds to the greatest optimism in the top leagues, they score at a fairly good level, score points, get into the top teams of their

we're big bitcoin bulls. property without the risks and liabilities of commercial real estate. it's a digital commodity without the risk and liabilities of gold. it's a digital tech investment without the risk and liabilities of big tech. we're bullish. >> it's funny, people forget that you're like an enterprise software company and i notice you're doing new partnerships on ai with microsoft and i wonder if that kind of good news gets overshadowed or any kind of news about your fundamental business gets overshadowed by being a proxy for bitcoin? >> we're excited about our partnership with microsoft and ai. we're the first company to put ai into our product line, and it's -- it provides great artificial intelligence boost to our business intelligence business. we're going to use it to grow the business by acquiring new customers and it's accelerating cloud adoption within our customer base. >> yeah. michael, it's morgan. the business enables you to buy more bitcoin. the fact that we have seen bitcoin rally as

i bulls. wrote a book before and i just got my bull twist and steal actually just made it to the pbr. >> oh yeah. >> thank you. these guys are chasing cow or te a bull here for whatever reason ,trying to grab him by the neck tackle on one guy's got him by the tail. >> him. i don't know why you wo. yeah, yeah, yeah. yeah, yeah, yeah. you when you grab bulls or cows by the tail. grab t >> i don't know what the sport is, why anybody would do it or ,why anybody would want to watch it. >> oh man, that was like your bachelor party. >> exactly. a lot of bull. oh, god, no, no. >> i don't even know what i meant by that. r] but. >> and i don't want to know what i thought you meant by that. made a joke that i met and slouchedmean in my chair. >> yes, this segment's over. all right. no one more. but actually, that's very rude of you. >> i called up an animal earlier the show. that gives me very good. we're good. yeah. oh, there' s a squirrel. at come he's so fat. look at it. look, he's so fa look t. e th

that's the bull case. while the inflation cos down, the economy is going to hang in, and it's finally going to be values versus the mega cap names. that's the whole argument. not going from 5.2 to 5.6. >> okay, now we'realking about the economy, and we're saying the economy is not going to expand. >> it is going to expand. it just doesn't have to expand in a 5.2 clip. >> so it's moderating fromhere it was in q3. >> obviously the economy is going to moderate, but it's still going to -- okay. no, no, . scott, it's simple math. if we're moderating from 5.2%, yes, then the federal reserve is sitting back in their chair, they're not doing anything, and guess where the growth comes from? the growth comes from earnings. if earnings are going to grow, i want to own the growth stocks because that's where the strongest growth will actually occur, and we've witnessed that soar in 2023. >> are you saying if we actually have a soft landing, you don't want to be in any of those cyclical value areas like industrials, fin

holy shit, simply, having hit one of the swimmers, the bulls disappeared, finally showing an insulting boat stations, they found him, and in the surveillance camera footage he and his friend anastasia are returning from that same boat trip, a little was not an ending tragedy, so they are still just preparing for the trip, the essence of alexander bykov’s character became clear during the very first interrogations, a self-employed auto mechanic according to his profile and a smug egoist by nature, although he was a coward, he immediately began to claim that he ended up there by accident and that he was almost the real victim. i didn't know there was an event going on there, i was scared. people, people, i didn’t want to hit anyone, under no circumstances, such a naive position did not stand up to any criticism, it was simply impossible not to notice hundreds of large bright orange buoys on the water, on the backs of swimmers, and dozens of emergency police boats, unless if you move with your eyes closed, but alexander also actively maneuvered, turned away from the boats that tried to bl

but i think bulls should be excited.strong, banks strong, transports these had terrible performances until recently i see tech lagging that's why the s&p isn't up so much meta, amazon, salesforce all down this is called rotation, and it's great for the markets russell 2000 up 6% this week when is the last time you saw that nasdaq up 2%, s&p up 3%. that's rotation. i like what i see, and i know it's not exciting today as it was yesterday, but we're getting a broadening out of the rally. equal-weight sectors are up 3% to 5%. inflation is driving this whole story right now. it's hard to have higher interest rates in a declining inflation environment, and that's what we're seeing if the fed is done, we might have a soft landing. they could pull this thing off, which nobody ever believed could happen so this is going to have a positive effect on the consumer, on borrowing, on earnings in 2024 those numbers will start going up we have 2.40 right now >> if it happens >> what the market is telling you, the way it is rallying, th