jonathan hoenig, you have a great weekend. now this, i bid in america from its 50 years is been very kind to become a part of the dream homeownership is having a place of your own, also very american, two out of three on the home in which they live, that is about the highest ownership rate anywhere. i hate to say about youngsters today are having a hard time getting into house. for a start home prices are close to whole all-time highs, the median in june, 41002 a dollars. that is not affordable for many people. as of now only 2,050,000 homes for sale that are considered affordable for households making 75 to $100,000 a year. before the pandemic 650,000 such homes. with mortgage rates hitting a 20 year high just over 7% people are often willing to move away with a low mortgage rate, they are not that many homes from sale, there is no easy solution here, you cannot wave a magic wand to make mortgage rates come down like that. you cannot suddenly build a lot more houses the permitting promise can take years. homeownership gives y

jonathan hoenig, have a great weekend, young man, and see you again soon. >> thank you.tuart: now, we're looking at movers and marathon oil is moving up and you're going to tell us why. lauren: oil is up today. we got very optimistic demand forecast for two groups and opec plus and global inventories could fall sharply and marathon up 2%. stuart: i want to know about videos. what's dan ives saying? lauren: he still thinking when we flip the board that nvidia going to $4 490 a share, he's a bull. he says the ai cycle isn't a hype and spending on ai will hit $800 billion in the next decade. $800 billion. stuart: he's still a bull? lauren: yeah, but morning star is saying the opportunistic schism they're not saying bubble but there's overconfidence in the market right now. which one is it? nvidia stock down about 2% today. stuart: yes, it was straight up. came back down to low 400s. down a bit more today and he thinks going to 490? lauren: 490 and right now it's at 411. yeah so it's down by almost 3% today. stuart: what do we have on vf corporation? lauren: the chair of the

griff: we look to jonathan hoenig for great with insight on the very latest. . molly: new york city beaches employing a new shark-spotting tactic with a bird's eye view of the waters. we'll have a live report coming up the from rockaway beach.om ♪plan ♪d s- and a acid reducer that relieves occasional heartburn all day. other brands can't do both. pepcid complete. it's true, though - you won't overpay for glasses if you shop at america's best. they offer two pairs and a free, quality eye exam starting at just $79.95. the exam alone is worth at least 59 bucks. i can see from your expression that you find that shocking. and you're actually speechless. ...aaaaaaaaand, you don't have ears. two pairs and a free exam for just $79.95. book an exam today at americasbest.com. it's true, though - you won't overpay for glasses if you shop at america's best. molly: life lifeguards at new york's rockaway beach pulling swimmers from the water after spotting a shark via drone yesterday, this as the beach increases shark surveillance following an attack on monday that left a wo

neil: can they find the wall of worry, jonathan hoenig, i wanted a chance to talk to jonathan about piquanty are getting hammered the last i checked piquant sunk under $26000 a coin, were on top of that and much more after this. we got this. we got this. we got this. we got this. yay! we got this. we got this! life is for living. we got this! let's partner for all of it. edward jones salonpas lidocaine flex. a super thin, flexible patch with maximum otc strength lidocaine that contours to the body to relieve pain right where it hurts. and did we mention, it really, really sticks? salonpas, it's good medicine. let innovation refunds help with your erc tax refund so you can improve your business however you see fit. rosie used part of her refund to build an outdoor patio. clink! dr. marshall used part of his refund to give his practice a facelift. emily used part of her refund to buy... i run a wax museum. let innovation refunds help you get started on your erc tax refund. stop waiting. go to innovationrefunds.com you really got the brows. we're traveling all across america talking to people

jonathan hoenig was joining me now. was it something that powell said? >> yeah, all about interest rates, david, even despite the fact the market is up and dow is up, internals are pretty week. weak. there's a majority of stocks below 50 day and trend is lower and you've got about 100 new 52-week lows and highs and it's all about rates. powell signaling rates are going to be higher, that means lower bond prices and even already this year, david, people have been invested in u.s. bonds and they've lost money, agg, that's the etf that follows the bond market and down by about 6% in just the last year and rates going up and terrible for tech stocks last year and going to put a big head wind into stocks moving forward. david: all right, talk about the housing market and already it's frozen based on 7.25 interest rates. if powell raises rates a little bit more, we could have home mortgage rates over 8%. i mean, what is that going to do to the housing market? >> david, keep in mind rates were going up even before powell talked about this and some of the weakes