we'll ask gary kaltbaum coming on at 2:40.irst we want to talk about geopolitical events happening right now. xi meeting with putin is a big, big deal. by the way president trump may be in the news really big this week as well. all these events will impact our economy, our society, probably one person ties it together better than anyone, we're lucky. we have greg valliere. he is next. ♪. new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. visit indeed.com/hire and get started today. [ applause ] the day you get your clearchoice dental implants changes your struggle with missing teeth forever. it changes how you eat, how you feel, and how you enjoy life. it changes your smile and how others smile at you. clearchoice network doctors have changed over 100,000 lives with dental implants, and they can change yours, too. because a clearchoice day changes every day. sc

back with gary kaltbaum, susan li. g the right thing, and then looking at stock prices right now, they are relatively contained. nothing like we saw with the first hints of problems, certainly, during the lehman brothers situation and so much more, aig back all those years ago. so they say very different world now. do to you agree with that? >> i think so. the leverage back then was gargantuan. i'm pretty sure we don't have that. hopefully, they learned lessons. and, look, i'm very happy that the regulators came out and are yapping loudly about this because there is that wore word, the intangible, confidence. the loss of confidence will send things lower, so good move on their part. but we'll have to deal with reality going forward, what else is out there. and, again, i expect a lot of banks to make announcements in the next couple of weeks saying, hey, we're in good shape. no problems here. and that'll be a smart move. but i want to just touch one thing because we're talking about those 0% interest rates and the easy m

i want to bring in kaltbaum capital management president and by the way fox news contributor, gary kaltbaumet is hopeful. they're starting to think between the banking situation, the tighter lending standards, the lag effect, maybe the fed is done hiking rates. where are you on this? >> i actually thought they wouldn't hike last week so i was off. the reason i thought that because real yields were down big time but from where they are. but i'm pretty sure they're in the late-stage here. maybe another quarter, that is nye guess. of course if we have some sort of a credit problem or some other bank issues i suspect we'll get some lowering rates by the fed to catch up to the lower yields on the 10-year. charles: so one stock i just mentioned here in the intro was amazon. it's a name you used to talk about. you haven't mentioned it in a long time. would you be a buyer? >> let me say this i have affinity of not buying companies with earnings down 90% year-over-year like last quarter. let me take a note real quick. avoid down 90%. okay. good. >> earnings will recover and, but i don't buy stocks i

gary kaltbaum.s killing in these markets and he is next. ♪ choosing miracle-ear was a great decision. like when i decided to host family movie nights. miracle-ear made it easy. i just booked an appointment and a certified hearing care professional evaluated my hearing loss and helped me find the right device calibrated to my unique hearing needs. now i enjoy every moment. the quiet ones and the loud ones. make a sound decision. call 1-800 miracle now, and book your free hearing evaluation. the first time you made a sale online with godaddy was also the first time you heard of a town named dinosaur, colorado. we just got an order from dinosaur, colorado. start an easy to build, powerful website for free with a partner that always puts you first. start for free at godaddy.com hi, i'm katie, i've lost 110 pounds on golo in just over a year. as a mom, it has been life-changing. my daughter had lost 20 pounds, my son had lost probably about 40. we're just a lot more healthier as a family in general. char

gary kaltbaum walks right in as a famous orlando resident. , they say right this way avoid the lines. gary, great seeing you again, my friend. what are we to make of this, what are we to know what kind of layoffs are we talking about? >> well bob iger came in, saw what the stock price has done over the last couple of years, realized some things have to be done. activists come in, shouting also. i think they're going more corporate right now. they really can't do much at the parks because as you said, neil, the parks are packed. when i mean packed i mean packed. so i think it is going to be corporatewise. i think it is something that he think needs to be done. when you have activists around, you have a stock price completely underperformed markets over the last couple years you have to act. neil: so you were telling me, gary, because you know the parks quite well, disney as a corporation quite well, right after covid they weren't, you know, having huge crowds come in. they were still dealing with smaller than usual allotment of people allowed i

i want to look at tech, gary kaltbaum. the best quarter since 2020, the quarter ends tomorrow. will run up in big tech continue? >> i think so. it has complete outperformance, money has been flowing from so many areas of the market and every day i am finding something new and if the nasdaq nasdaq 100 semiconductor index and break above the recent highs of the last 8 to 10 weeks i think we could get a leg up but it has got to make that but so far so good and it is the place to be as of the second. stuart: what are you buying? >> i bought into broad-based technology market, have yet to do individual names because earnings are coming out in 3 weeks and earnings stink. i do not know which companies are going to blow up. on the other end, mike braun yesterday announces one dollar 90 one cents loss, 52% drop% drop in sales and spot those up. very tough market to try to gauge. i will wait for earnings to come out, the biggest earnings reports and best reaction. stuart: what is a broad-based tech investment, not individual companies but broad-based? >> the? nasdaq one hundred, the nasd

gary kaltbaum with me. i was looking at that panel that was grilling howard schultz.ve experienced business themselves or putting together a spreadsheet or even understanding basic math and yet quizzing this guy on the pro priority of what he does. your thoughts? >> the math, neil, starbucks started in 1971. one store. 1992, went public. 30 cents. it's now $100. 400,000 employees, 115 billion market cap. 30 some odd -- the numbers are astounding. on the other side, you have best, a politician for five decades. you know where i stand. it's stunning to watch. by the way, when they use the word "billionaire" today, they used it as a pejorative. they have something about success and against a company that has done everything right. if you go starbucks, the things they do for their employees from college, if you have a family emergency, they will partner with you and help you out. little things like that not to mention the climate and everything else. this is all about unions, it's all about control. they tried to do it the well mart and i don't think it will work with sta

let's go to gary kaltbaum on that.o get to 2% inflation and welling well north of 6% right now, you have some work to do. you have rates to hike. you have some damage to inflict. >> yeah, mr. powell might as well have said today we're going to be at 5% this month, a half point and he might well have said see 6%. that's what he was telegraphing. this all comes from the last two inflation reports that were higher than expected and hotter than expected. he is a determined man and the fed is a determined bunch as they went too far the other way with the printed money, which caused a lot of the inflation and all the bubbles. now it looks like they're headed the other way to the other extreme. i have news for you, a fragile and debt-laden economy, i'm not so sure will be able to take it if they do head that way. >> neil: do you think -- i joke with this, but not entirely joking all the time. that you can make money bitting every time jerome powell speaks, the market will tank. because he doesn't want the market to be happy.

gary kaltbaum with us this morning. this is the perfect time to the buy treasuries and/or bonds? >> for income investors, heck yeah. we were getting 0% a year and a half ago. you get 5% on treasuries, and corporate bonds i'm finding a decent amount giving out 6, 7, 8% right now going out 5, 6, 7 years. so, yeah, if you can't stand the whip sawing of the markets, great place to go, and it's about time. stuart: is there any stock that you'll be buying odd? -- today? >> i've been real careful here on individual names. i can tell you this, i'm bearish on financial, i'm bearish on energy, i'm bearish on a lot of areas, but i really do like the way semiconductors and tech, real good reaction to something like broadcom. i'm not sure if i'm going to buy it right here, but something like a broadcom's acting well. facebook, met that, actually acting -- meta, actually acting well even off bad numbers because i think that at official intelligence thing is maybe going on, nvidia also. there are things in the my sight, i just have no

let's bring in kaltbaum capital management gary kaltbaum.tocqueville asette manager john petrides. who by the way 15 years ago today was working at bear stearns, john, bear stearns failed. what is your first thought happening right now? >> irony today we have 54 billion-dollar bailout of oldest investment banks, credit suisse. this bank posse injecting all the capital to first republic to keep it afloat is ultimate irony of the situation 15 years after the fact. liz: 15 years. dow climbing up 350 points. team "countdown," we were talking, we decided to do something knob pointed out since the bank crisis talked about before thursday, two weeks before silicon valley bank went belly-up, taking signature bank with it further stressing credit suisse. we wanted to compare the market caps before the drama. look at this, before all of this, credit suisse, february 28th, 11 billion, silicon valley bank was 17 billion in market cap, signature seven billion. they are all way off those numbers now but the regional banks, mid-sized markets along with cre

bring in kaltbaum capital management president gary kaltbaum.ntioned earlier, late last year you started to say, hey, maybe the markets taken away this from the fed. the fed wasn't as important. certainly seems a lot of axes to grind, major firms on wall street betting big to the downside. i feel there ask a lot of pressure to get to jay powell something about 50 basis-point hike the next meeting or, higher for longer, something to that effect that might feel ominous. >> well, look the reason why i've been saying watch the ten year yield more than the fed is because the fed has just been playing catchup. now they start to matter a lot more because they're at four 1/2 to 4 and 3/4% right now, while the 10-year is just under 4%. if the market starts believing they will go to five 1/2, 6% to fight inflation they have created all heck i think breaks loose. he has a fine line to walk this week. i would be very careful. i would be as evasive as possible and as pretty much unconfusing as possible with his words but, i think that's something a lot. i'm