what is wall street saying about his impact on financial markets? >> good morning.hink wall street is nervous, both you because he has obviously been making loud noises about potential tariffs. we know that he is a bit bombastic and his approach to politics, so we do not know exactly what we are going to get when he is at office. even when he is in office he is expected to be unpredictable, and that has added a layer of uncertainty over all of the calls for the year ahead in a way that we have not had in recent years, so pretty much every call from economics to markets is all caveated with the great unknown that is donald trump's second presidency. lizzy: there are a lot of concerns over the several hundred key calls. what else sends out to you? >> i have been doing this for a few years now, and every year there is a general consensus that emerges, but i would say that this year is definitely stronger than in previous years. the overall picture is of u.s. exceptionalism once again coming to the fore both in terms of economics and asset performance. they're just does

larry: well woke dead on wall street in is it?an about town. here is headline in new york sun. j.p. morgan joins wall street banks in exodus from climate coalition, ahead of the trump presidency. joj.p. morgan, mo morgan stanley, citigroup, and i could add black rock today, staying away from climate change woke and zero -- zero net something or other. now you are on the street, at least on occasion. >> it sure sounds like elections matter. >> perfect. >> there might be a two-way door on climate group that is good news. they flocked together, but after election two way door they have decided they will make their own interests policies, not first multilateral organization created whose interests are not in alignment with interest of members, glad to see independent ceos making their own decisions. larry: there were reports, that they were debanking people. if they found out such people were not involved in d.e.i. or climate change or netzero emissions and whatnot. that pure insanity. illegal and unconstitutional. >> it a dangerous s

whether you're on main street or wall street.usiness is invested in you go to fox business, podcast.com or wherever you download your favorite podcast. america is listening. well, it's woke dead on wall street. finally. is it dead? i don't know. we're going to ask my dear friend kevin warsh, former federal reserve governor, a man about town. here's the headline in the new york sun. okay. jp morgan joins wall street banks in exodus from climate coalition ahead of the trump presidency. jp morgan, morgan stanley, citigroup, bank of america, wells fargo and goldman sachs. and i could add blackrock today. they're staying away from all this climate change woke and zero. what do they call it. zero net something or other. now you're on the street at least occasionally. what do you make of this? is it true? so it sure sounds to me like elections matter, larry. that's perfect. it sounds like there might be a two way door on the climate group. and that's a good news. it was a two way door. they all flocked together, but after the election,

might find and wall street might find a lump of coal in its stocking.ly, the german economy is seen as the powerhouse of europe. it is, after all, the largest economy in europe, but increasingly, it is the economic laggard. we haven't seen any economic growth for years and 2025 looks set to be another year of stagnation. that is mainly because of competition from china but also a lack of global demand, both globally, but also in europe and at home and what is adding to the problem is political uncertainty. the governing coalition here collapsed in november after months of political strife and arguments and there are snap elections in february. the big question is, what will the government do to get the economy going? we're not talking about full blown recession butjobless figures are rising slowly and there are questions about whether germany's exports—driven industrial model is still working for the whole country. economically going into 2025, china's problems remain. local government debt, a real estate crisis which has seen families lose their entire

banks and financial businesses used on wall street. they found that there was many financial industry insiders who used their power on wall street to accumulate money to themselves sometimes at the expense of their own investors. one of the people that congress, senate called to testify, was charles mitchell. the president of what was then the nation's largest bank, national city, and the subpoena of mitchell is right here. under questioning bank president mitchell admitted he had acted irresponsiblely with his investors' money. he had sold securities as safe bets when he had not actually vetted them thoroughly to know whether or not. the committee also subpoenaed other wall street titans like for example jpmorgan, jr who admitted under oath he had paid no income taxes for several years and that he had given preferential to public figures. so the great depression had impacted more americans than any other economic event had in american history. those americans were paying close attention to this investigation in the senate about wall s

so you can go back in 2000 where wall street was really optimist inning and the market went down -- october in 2009ubs thought the market was going to be up 50%. that's a gutsy call. but more recently the street has gotten very pessimistic. check this out. in four of the last five years, you can see the market closed significantly higher than wall street even thought, just no where around it. so maybe, maybe they've gotten too pessimistic. now, of course, in his, in his predictions report for 2025 the using valuations, my next guest, he talks about how bad wall street has been at this guessing game. let's bring in ri advisers can cio lance roberts. lance, why is it so hard for the smartest guys and gals if the room to even remotely get this right in recent years? >> well, you know, it was once said that prediction ifs about the future are very hard to mak- charles: i thought yogi berra said that. [laughter] >> but, look, so many things can happen in a year, and i think this past year, 2024, was a really good example. we were coming in, we had high valuationsings, earnings growth was good bu

a choppy day in prospect for wall street after a report that president elect trump may declare a "nationalconomic emergency" to control us trade. and — big changes at big tech. the boss of x defends political interventions by elon musk as mark zuckerberg points to a �*cultural tipping point�* since the us election. and pimp my ride billionaire—style. rolls royce changes up a gear — to make more bespoke cars for the ultra rich. and a record yearfor the music business — as annual sales in the uk outstrip the peak of the cd era. welcome to business today, live from new york. wall street faces a choppy day of trading this wednesday — and a record yearfor the music business — as annual sales in the uk outstrip the peak of the cd era. welcome to business today, live from new york. wall street faces a choppy day of trading this wednesday — after a report by cnn that president—elect trump on his return to the white house could declare a national economic emergency to take power over us trade policy. the move would give him wide ranging emergency powers to manage imports. easing tensions a little t

it could be a positive start to the trading day on wall street. this despite the weak session we witnessed yesterday, just to give you an idea, we had the nasdaq down 1.9%. the s and p also finished a day lower by about 1.1%. and indeed, a lot of that had to do with the moves in the tech space. and i want to tell you why. we actually saw u.s. stocks and treasuries selling off on tuesday after better than expected service sector activity and jobs data as well. while on going concerns over tariffs cloud the trajectory of the feds rate cutting pathway. the ism services index rose better than expected. two percentage points. representing the share of businesses expecting growth. now the measure of prices surge more than six points to 64.4%. now, in addition to that, u.s. job openings hit a six month high in november, according to the latest survey. available positions rose to 8.1 million, well ahead of estimates. so let me show you indeed how we fair at the end of tuesday's session. i had already hinted to some of the numbers and weakness overall. but

you say wall street's back. why is wall street back this quarter? what's the reason? >> the setup for banks is not as good and it has to do with wall street. if you look at trading and asset wealth management, they have tailwinds in the quarter. jpmorgan said they expect q4 banking to be up 45% and in trading, mid to high teens. as you know, stock values were close to record all last q4. you will have that market really lift the asset wealth management division of the big banks. jpmorgan is one example. other big banks have similar numbers here. you have wall street powering the q4 results and probably into 2025 as well, frank. >> let's talk about earnings. i'm looking at some of the earnings. morgan stanley eps expected to increase 99% year over year. what's the catalyst for the big upside moves when it comes to profit? >> yeah, so, it really is investment banking and trading and rebounding off more one or two years as interest rates are really high during the 11 rate hikes we had in that hiking cycle. as we et off that, the earnings are good. for morgan stanley, in

wall street breathing a sigh of relief and everyone is whaching the direction of buying yield right. here's what we've got to look at. the same tide lifting off ships in this case it is intriguing about an hour ago. but biggest winner shed two things consumer discretionary being driven by the home build ergs. right now you did have a big home builder that beat the street but also, obviously, you start to get relief maybe that works out pretty well and amy nixon will talk about the housing crisis later and also the big move in real estate. commercial real estate, obviously, is the area that people are concerned about. the concerns have gone away and back good to see two the two making a big move and story has been over the last three or four sessions rotation even yesterday think about this. the market was down for the count twice came back twice. but it was not the sectors that led us back. are we in the miss of a rotation trade that many thought would start a year ago we'll see by the end of today session the same tide lifting ships. look at this these are your factors right again w

the wall stre wall street journl highlighted a study when you have these events whether something like this with estimates for insurable losses are 20 billion or bigger with katrina you see insurance rates go up across the country because they're trying to make back money and states with weaker insurance regulation goes up even more like virginia and vermont it's something that we will have to keep an eye on. jack: you see in the market, insurance stocks got hammered mercury general 80% of the business in california dropped 26% this week. jack: jensen huang spoke at ces everybody was focused on quantum a.i. they got computing stocks are got killed you saw something totally different echoes of elon musk. >> ces las vegas a big event every year jensen the father of a.i. everybody pays attention. the thing that i thought he sound exactly like elon musk which is the winter elon and a justification for permanently optimistic. >> we all have a.i. and we can type in pond question super interpretive laxity and chat gpt that's everybody's exposure. down the road jensen said robotics could be th

year, which everyone watches, i don't know, honestly if you would have asked almost everyone on wall street about four or five months ago, 4.76, i think universally everyone said certainly south of 4% maybe even 3.5% so knocking on the door of 5% is not exactly not what anyone on wall street was anticipating just a few months ago, but there we r. the question now, has the backdrop changed and this is what bank of america is recommending and bear stern and that reflects a economic boom and should help commodities get out of stocks going to commodities and if they're right, that's where you want to be. my first guest says the chop in the market and going to continue and going to ride it out. one heck of a ride and a lot of this we're spoiled. down 4 possessor and be cool. we're okay. the chop continues and sideways, action, and hawkish fed, skyrocketing yields. the question is how temporary is all of this q >> the same things that we dealt with last glee a sense are what we're dealing with this year; right. we had a lot of sideways price action and exactly where we were the night before the t

last week we saw wall street bury the banking awe alliance.s. they would strongarm businesses into unreasonable and very expensive energy plans. small businesses couldn't get any banking. it would have been a disaster just as the green movement has been an unmitigated disaster in europe, particularly for germany. american colleges, big businesses, they're now starting to ditch dei programs. in fact, today the latest being mcdonald's. and maybe, maybe, the biggest about face from facebook, mark sulker berg who announced they're ending their fact-checking system saying the election are was a, quote, cultural tipping point. joining me now is walter -- walser wealth management's rebecca walser. the establishment pushed back with against trump almost every time they could, everyone piled against him. this time folks are getting in line. why do you think -- what's the difference? >> sam altman said last month that trump will lead us into the if age of a.i., and so they want him to be successful because america needs to lead that age. charles: but ev

by the way, the wall street chapter is fantastic. i mean, this man had an ten year career on wall street. and reading that, it was like reading biography of steve schwarzman or something. it's quite a lot packed into one life. the early days of the cold war demanded generalists with competence in multiple areas economics, military strategy, intelligence, diplomacy, the know how to achieve results, whether the private sector, academia or government bureaucracies. knutson met the demand. so in a way, you're talking about someone who was right for this moment. and that's what i want to get into now, because the moment where everything was falling apart by his own account, that's where we were the pillars of our postwar foreign policy were failing and they had to go back and address some very fundamental questions about the world in nsc 68. and i think someone like this who who was able to draw in all of these things and therefore deal with fundamental elements of the world, so to speak, it was really, to me, like a unique moment in amer

jack: wall street rattled by a tough start to 2025. should you change your playbook? cameron dawson is here - it's apparent. not me. - yeah. nice going lou! nothing like a little confidence boost to help ease you back in to the dating scene. of course, that also includes having a smile you feel good about. fortunately, aspen dental specializes in dentures and implants made just for you, with affordable options and flexible ways to pay, and now, they■re 0 dollars down plus 0% interest, if paid in full in 18 months. helping our patients put their best smile forward. it's one more way aspen dental is in your corner. i didn't do this for the fame. i did it to pay it forward to the next generation of athletes. ♪ i joined sofi because they've helped millions of members bank, borrow, and invest for their ambitions. sofi. get your money right. it's kyle's last spin on his turntable. yea. and the first day of kierra's new career in it. when you donate to goodwill, you help provide skills training and career placement. and the things you loved, start a new life too. ♪ so tonigh

jack: wall street rattled by a tough start to 2025. should you change your playbook? cameron dawson is here check in time is 3:00 it's 2:55. i know. is this what he's doing now? as your host, i have some rules. first, no showers longer than 5 minutes. this isn't a spa. no games. no fun. yes, coach. (♪) meanwhile, at a vrbo... when other vacation rentals make you share your turf with a host, try one you have all to yourself. my name is dawn. i live in central texas. i'm a military spouse and a certified dog trainer. i started noticing there was this wall up that i couldn't push through. and that was frustrating. that's when i decided to try prevagen. i'd seen the commercials and the people seemed really authentic and it seemed to really help them. after taking prevagen, i could say unequivocally, it has made a huge difference in my life. prevagen. at stores everywhere without a prescription. whether you need to lose 10, 20, 50, or over 100 pounds, make the healthy choice with golo. head to golo.com that's g-o-l-o.com where will you find your y? grabbing hold as it sail

everyone on wall street is preparing. we talked about regulation. egulation. he said trump victory met anchors were dancing in the street. when it comes to fiscal spending, inflation rising and how to deal with the geopolitics and trade environment when it comes to the tit for tat with washington and beijing, that is where everyone's eyes will be peeled. jonathan: focused on three things. the numbers, the outlook, and succession planning a j.p. morgan. it's back and forth all over the any skull later. dani: maybe this is gamesmanship. if you are someone who wants to be the successor to jamie dimon, you need to say i don't want to be the successor. i just want to be his right-hand man. we have seen people who have been more vocal and wanting to be the next person have not lasted a j.p. morgan. i don't think we will get into the nuance of that. jonathan: jen ruling herself out? dani: there's a theory she is making herself the most likely candidate. jonathan: up across the board. j.p. morgan up by 2.6%. well for -- wells fargo by 2.4%. we will catch up

again, wall street looking at maybe one rate cut, some firms saying none. also, folks, where are the opportunities? should you chase the big winners? some of them already turned around a intraday, or should you be looking at a bottom fishing? we've got an expert that's going to ten -- help you with your portfolio, and a power panel discussing the insurance industry. all that and so much more on "making money." the jobs report -- ♪ ♪ charles: all right or. now, we got the intro done, let's start with the jobs report. it did come in better than expected, surprise! i can't wait for those revisions. so we get the knee-jerk reaction. higher bond yields, a spike in the u.s. dollar which i think is the most a damning of all of this, lower equities. i've got to be quite honest, i didn't see much that suggests panic to stock investors. wage gains are slowing, you don't get wage inflation because of the jobs -- composition that we saw. full-time jobs, by the way with, declined by 350 to ,000 and, again, the composition of these numbers aren't too great. retail and pl

now, of course, on wall street some say that's a contrarian indicator and not good.st called the election and was positioned for trump's victory last year, investment analyst hillary kramer. just your thoughts on, i don't know, i think it's important to be optimist ific in general. >> always. especially because in the long run the market does go up. and being pessimistic doesn't pay off. we know that. charles: last week you hit a bump in the road. i have some new subscribers, one sent a long e-mail. he's upset, you know, it's, like, you're going to lose money because the market goes up and down, and every time it hits concern it goes down or you listen to all these -- there are people who make a living day after day, year after year with these negative predictions that that never come true. so you can't be seduced by that, can you? >> no. but it is very seductive, that doomsday scenario. but there's so many optimism out there, and -- so much optimism, and and really it's about taxes, tax relief for small businesseses. it's just been crushing businesses. and now there

[laughter] this is all good stuff for wall street.ren: well, it's good stuff because it's the bad stuff. inflation remains stubborn. that 2. 9 increase is the highest annual increase since july. core inflation, that cakes out -- takes out the volatile food and energy prices, that did tick down to 3.2% in december, but that's not much comfort to middle class americans when, look at this, the cost of transportation up over 7% in the past year, shelter up nearly 5. the great reaction in the stock and bond market is because traders now think thed fed will cut rates this summer as opposed to to this fall. stuart: really? lauren: yes. stuart: i'll believe you. [laughter] let's hear it from kyle wool. he's going to cover the markets for us. look, investors clearly like what they see in the inflation report. is this rally all because of the the inflation report? >> >> it's all because of the inflation report, but i do agree with laura that they'll wait -- cut rates in the summer, not wait until the fall. the banks are doing tremendous. they'r

they point to a negative start to the trading day on wall street.hese numbers with telling us at the moment continuing that downward pressure we already witnessed for u.s. stocks on friday. we had, for instance, the nasdaq down 1.6% on the day. we had the dow down similar levels and the s&p 500 also down around the same figures. this, though, overall, when you put those numbers of the friday session into context, it was also a negative week for u.s. equities. let's see what will happen this week when we have also a lot of data coming through. i want to focus on what's happening in the bond markets starting, no doubt, with what is happening here in the uk. gilt yields are marching higher as the selloff continues into the third straight week. this after the yield on the ten-year paper hit its highest since the global financial crisis in 2008 and the yield on the longer data debt reached highest level since 1998. just to put things into context, that's when the lead topped of the charts. but while yields are rising globally as uncertainty grows over th

and now he's on literal wall street getting pats on the back from the richest people in the country. the only way trump's hypocrisy could be any more on the nose is if he started doing campaign events with actual fat cats. now, i just want to say i didn't love that joke, but i did it anyway because i wanted to see what the graphic looked like. and, you know, not bad. [ laughter ] chubby cat, top hat, and a cigar. that's fun. what's not to love? people ask me how we're going to get through the next four years. that's how, you know. [ light laughter ] in fact, we're selling a "late night" fat cat calendar for 2025 and you can buy it at the nbc store. [ light laughter ] it's not technically at the nbc store, but there's a guy outside the nbc store with a duffel bag whispering, "hey, hey, you like cats?" [ laughter ] so if you want the calendar, you know, he's your guy. trump's back slapping trip to wall street is not an aberration, and that's the frustrating thing about voters who both consider the democrats elites, which is fair, but who then also vote for this guy. it's like if my dad

ironically, wall street sell-side analysts may be too optimistic.n they get to the red line, that means you should be selling. i don't know. i don't think our next guest agrees. let's bring in yardeni research president ed yardeni. ed, before we get into the markets, how they've limped into this year, i want to discuss what happened in 2024, because you're a student of the market. what are some of the lessons that we all a should have learned? >> stay invested. [laughter] charles: stay the course. >> stay the course. that's been really the case for a very long time. just look at a chart of the s&p 500 for decades, and the trend is definitely up. and those people who called the tops never tell you about getting back in at the bottoms. charles: what is that all about, like, this urgency, this need to always call the tops? we just see it all the time. >> i guess, you know, if you're the one and only person who calls the top, you get famous for a while, and then you overstay your welcome on the bearish side, and everybody kind of forgets about that. sto

mark bennioff, who everyone loves on wall street. earlier last year people were like maybe there should be a new ceo. stock was down 14%. they got these a.i. agents. is that reason you like this? this seems like its made all the difference. >> absolutely, agent force and, you know, they are providing an update to agent force in the coming weeks so by the end of the first quarter they have a new version available with incremental features that will be available and i think this is going to continue to drive salesforce for quite some time. charles: lockheed martin i guess the defense budget, you know, where we are, the world i was going to say the world is on fire, that's not a great analogy today but this is a real shakey geopolitical situation. >> absolutely. yet the stock has come down quite substantially. charles: what do you attribute that to? >> a lot has to do with the level setting of expectations again. they provided an outlook through 2027 that miss investor expectations but i think now, it's at a much more attractive valuati

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in terms of wall street, this is show we are likely to open on wall street today.suggest positive start to the trading day. another changing narrative for the u.s. stock market after what was a low day on thursday. we had all of the three major indices down on thursday. perhaps we will get a different picture today. that is what the futures are telling us today. however, th keeping in minds it is a thin trading day. >>> you are looking at live pictures -- i want to show you what is happening in korea at the moment. this following an hours long standoff in which south korean authorities failed to execute an arrest warrant for the impeached president yoon over his brief imposition of martial law. on the screen, you see actual supporters of the impeached president outside the presidential palace. now, our very own chery kang filed the report. >> reporter: suspended the attempt to arrest president yoon for now. this comes after hours of standoff between investigators and the security service on friday. yoon's legal team said the corruption investigation office for high

. >>> wall street returns to trade with futures pointing lower ahead of the december payroll print with the forecast of a slowing in job growth. >>> airbus shares fly to the top of the cac 40 after the planemaker delivers 776 jets in 2024 just missing expectations, but maintaining its lead over the rival boeing. >>> and elon musk repeats his support for the german far right afd in the conversation with the party leader on x once again raising concerns of the world's richest man meddling in politics. >> i want to be very clear about that. only afd can save germany. end of story. >>> very good morning. we start today's show looking at the action across european markets with the equity space. we have the stoxx 600 at the moment below the flat line. yesterday, however, we did finish the day positive about .40%. however, though, the main market narrative is still around the higher bond yields and investors still concerned, really, about the outlook here perhaps seeing sticker inflation going forward. let me show you how the different bourses are showing this friday morning. starting with the

wall street may not believe in santa claus any more but they are grateful for one older gentleman.ump may not be in office but he is promising large gifts to the markets and the economy. he says he will support the crypto industry, appointing crypto—friendly regulators. he says he can cut prices for consumers, although it is not clear how and he also claims he will cut regulations. this promise of even better times ahead as help drive us markets higher at the end of 202a. but some of his other plans pose serious risks. if donald trump comes into office injanuary and imposes huge tariffs on imports to the us, then economies everywhere will face a big disruption and wall street might find a lump of coal in its stocking. traditionally, the german economy is seen as the powerhouse of europe. it is, after all, the largest economy in europe, but increasingly, it is the economic laggard. we haven't seen any economic growth for years and 2025 looks set to be another year of stagnation. that is mainly because of competition from china but also a lack of global demand, both globally, but als

jack: wall street rattled by a tough start to 2025. should you change your playbook? cameron dawson is here to tell us next. ♪ ♪ r r st. joseph's indian school is much more than a school for native american children. it's like a family. classes are fun here. i am learning about my culture. since 1927, st. joseph's indian school has provided the education, healthcare, and support they need to succeed. st. joe's is our future! go to stjo.org today. ♪ so tonight i'm gonna party like it's 1999 ♪ from. jack: are markets poised to party like it's 1999 in 2025 the? s&p's up more than 50% over the past two years, best run since the late '90s. but stocks are off to a shaky start for the first trading week of 2025 the, so where is the market headed if from here? joining me now, new edge wealth chief investment officer cameron dawson. cameron, good to see you again. >> thank you for having me. jack: okay, so new edge has this thing where in all of your reports, you link it to an album, a musician or a line in a song is. one possibility is 1999, but there's another possibility to

jack: wall street rattled by a tough start to 2025. should you change your playbook? cameron dawson is here check in time is 3:00 it's 2:55. i know. is this what he's doing now? as your host, i have some rules. first, no showers longer than 5 minutes. this isn't a spa. no games. no fun. yes, coach. (♪) meanwhile, at a vrbo... when other vacation rentals make you share your turf with a host, try one you have all to yourself. morikawa on 18. he is really boxed in here. not a good spot. off the comcast business van. into the vending area. oh, not the fries! where's the ball? anybody see it? oh wait, there it is! back into play and... -oh no, it's in the water. wait a minute. are you kidding me? you got to be kidding me. rolling towards the cup, and it's in the hole! what an impossible shot brought to you by comcast business. ♪ so tonight i'm gonna party like it's 1999 ♪ from. jack: are markets poised to party like it's 1999 in 2025 the? s&p's up more 50% over the past two years, best run since the late '90s. but stocks are off to a shaky start for the first trading week

." >>> stock futures enter pressure to cap off a rough week for wall street. a driver today is the december jobs report and what it could mean for interest rates. >>> the reason behind donald trump's fixation and the possible outcomes. >>> and a.i. spending is boosting the chipmaker and the growing cost of the california wildfires. >>> it is january 10th, 2025. you are watching "worldwide exchange" here on cnbc. >>> good morning. thanks for being with us. i'm frank holland. before we begin, a live look at los angeles where crews are making marginal inroads to containing at least five wildfires. the palisades burning 20,000 acres and destroying at least 1,000 buildings. officials say that fire is 6% contained. much more on this and the staggering cost coming up later this hour. >>> first, we turn attention to wall street and a check of the u.s. futures after the stock market was closed yesterday for the funeral of president jimmy carter. futures in the red across the board right now. s&p down .30%. nasdaq down under .50%. the major averages on pace for a losing

there are 15 prisoners left in gitmo, that could get to 14, because "wall street journal" is reporting biden administration is talking to tlaib about trade for another senior al qaeda advisor. the deal would be the person for three americans held in afgha afghanistan. "wall street journal" was told safety and security of americans overseas is one of biden/harris adminis administration's. it is up to president biden to decide if best way to get americans back is to let a suspected terror leader go free. back to you. >> brian: absolutely insane. thanks. this is green light to worst of the worse. if you work in bin laden's circle and you are this afghan, now you could get out of jail free if you take americans. how soon until higher-up american is taken and mohammad is back on the street. these three, i want them out, the question is why they are holding them. we are still giving aid to the tlaib in afghanistan right now. >> steve: according to "wall street journal," administration has been negotiabling with tlaib since last july. they said how about trade this guy for this american, then

. >> so it was the tech momentum that fed into the gains on wall street last night, gains of 100% for the nasdaq, around .5%, close to .6 for the s&p 500. you saw the upside for european stocks yesterday but the picture today in terms of the hand over to europe a little saw year. we have data on the inflation front later today that could inform views around the next steps for the ecb with markets expecting another cut from them later this month. ftse 100 futures down .4 percent, an important option and selloff of gilts at the 30 year level that will test markets as yields are comfortably above 5% on the long end in the u.k.. s&p futures lowered by .2% and nasdaq futures also off, maybe profit-making -- profit taking the gains yesterday, some powered by expectations around nvidia. let's lacrosse asset. we have heard from lisa cook reiterating what seems to be a consensus view from fomc officials now that there is need for caution in terms of next steps on rate cuts for the fed. a bit of money moving into treasuries after yields spiked higher in recent days. the japanese yen in focus. t

liz: to recap, the whales of wall street report starting tomorrow their earning. investors await tomorrow's cpi, the consumer price index, for another read on inflation and the high-flying magnificent stocks add the declines for a fifth session. >>> onlying up, the dreaded -- coming up, the dreaded santa ana winds are back, reporting gusts of 72 mile miles an hour. last night look at this blaze called the auto blaze, broke out in ventura county, north of the other side -- wildfires. firefighters say the real danger is starting now. we're headed live to los angeles for a live report on the effort toss the help all the victims when "the claman countdown" returns. dow up 43 points. we're coming right back. ♪ check in time is 3:00 it's 2:55. i know. is this what he's doing now? as your host, i have some rules. first, no showers longer than 5 minutes. this isn't a spa. no games. no fun. yes, coach. (♪) meanwhile, at a vrbo... when other vacation rentals make you share your turf with a host, try one you have all to yourself. at harbor freight, we design and test our own

futures point to a positive start on wall street.ever, when you think about what could happen today, investors will be looking at initial jobless claims and manufacturing pmi as well as construction spending figures. >>> so far, we are keeping an eye on uk house s according to nationwide up 4%. that is a full percentage point than expected. prices rose 0.7% on the month easing from november's pace, but still well above the 0 .1% expected. on the screen, you have the moves across the screen in the real estate market. british and berkeley. elsewhere, swiss com has revised down the year. it says costs up to 200 million euro will be recognized in the 2024 results and now expecting an ebitda of 4.4 billion swiss francs. >>> and adidas could hold the deal with manchester united if the club is relegated from the premier league according to a report in the telegraph. the club's agreement with adidas says the brand can have its payments in the event of relegation and terminate it with a year's notice. at the moment, you have the shares on the

jack: wall street rattled by a tough start to 2025. should you change your playbook? cameron dawson is here nice to meet ya. my name is david. i've been a pharmacist for 44 years and i'm from flowery branch, georgia. when i have customers come in i recommend prevagen. number one, because it's safe and effective. does not require a prescription. and i've been taking it quite a while myself and i know it works. and i love it when the customers come back in and tell me, "david, that really works so good for me." makes my day. prevagen. at stores everywhere without a prescription. ♪ so tonight i'm gonna party like it's 1999 ♪ from. jack: are markets poised to party like it's 1999 in 2025 the? s&p's up more than 50% over the past two years, best run since the late '90s. but stocks are off to a shaky start for the first trading week of 2025 the, so where is the market headed if from here? joining me now, new edge wealth chief investment officer cameron dawson. cameron, good to see you again. >> thank you for having me. jack: okay, so new edge has this thing where in all of

is it still your view that wall street reform should be repealed? >> i would have to look back at what i don't recall, i would have to look back what is talking about and get back to you on that. it would take more than come to review what was us talk about and why i i was so adamant abt it. i'm usually not so -- >> so let me just say this because, i just said came out of the worst financial crisis would sense of the great depression and differ going to continue to make economic progress we can't eviscerate the rules were put in place after the collapse. i would hope you consider that and take that into consideration when you're looking at this. thank you. >> senator tillis. >> thank you, mr. chair. thank you both for being here and congratulations on your nominations. mr. hassett come also with you. would go back briefly to the discussion about immigration. the point of your report had to do with legal i would assume legal denigration, guest worker programs, they create an economic multiplier. some would even argue they create american jobs as a re

the wall street group would be very happy with that. i think the wall street group was always going to come back. what i find more interesting is the venture-capital cohort who is supporting president trump and what they say in las vegas, new shooter. this is a completely new group. is being socialized in silicon valley it is okay to be a republican, it's okay to support donald trump. i found the comments on why he's coming out in favor of donald trump, a lot of it was anti- biden sentiment. it's pervasive anti-semitism. but a lot of these policies, there are two candidates now. there is a poor choice. that's a kind of jump the line i guess, over here. you mentioned you think if you can get real gdp potential gdp with most people's estimates is not much more than the previous administration. hasn't changed all that much maybe a shade here or there. 1.83 is a pretty big chunk. where do you see the big difference is coming from? cook said think the global economy is actually picking up. if you look -- between trump and biden if you look a

here was the deeply conservative wall street journal editorial page today. it's titled trump's pardon promise for january 6th rioters. does it include the ex meth trafficker who brought a metal baton and swung it at police? quote. on december 20th, a prison sentence of 48 months was given to a 31 year old man named joshua lee atwood, who pled guilty to assaulting law enforcement. he emptied a can of pepper spray at police, beat them with a pole, and pelted them with objects such as a metal scaffolding pipe. he yelled that the cops were pieces of scum. the prosecution's sentencing memo says his criminal history includes a pending felony case for an alleged 2023 stabbing on december 17th, meaning last month a 60 month sentence was given to michael bradley, age 50, who apparently went to the capitol on january 6th with his own metal baton in a hip holster. he swung it at police more than once. his list of priors includes a 2002 conviction for meth trafficking. also in december, a 24 year old man got nine months for having thrown an equipment container lid that

you can't fit that, "wall street journal" my degree but they can't fit that in there. what mainstream publication, "new york times" will never touch that, right? that's the advantage we have in terms of spots to be able to run the things the fault of the planks and all different arguments come from different perspectives but all united around that idea about the importance of free markets and standing firm on that. thank you so much for your time. >> thank you. [applause]

maria: time for the word on wall street, top investors watching your money.nvestment scott ladner also likely, thank you so much for joining the conversation and happy birthday to you even think you i appreciate that. >> take a look at future stocks are going down as the other going up once again, this is going to be a problem. the dow industrials done 133, the nasdaq down to a 273 take a look at the ten year treasury of this morning where we are looking at yields continuing to spike which started early december, now the tenure is up to another basis points hitting a level of 4.78%. of course we have a big week of economic data, the december producer price index tomorrow and december consumer price on wednesday retail sales on thursday, housing starts and building permits on friday, the university of michigan survey shows present electron terrorist threat causing consumer inflation expectations to rise, the highest level since 2008. there are many on wall street is a president trump's agenda is actually anti-inflationary. what is a story on yields, are you wo

i think adebayo ogunlesi is a big name on wall street, has advised many leading companies.ai is serious about growth and has a serious plan for commercialising its ai technologies in a market that is increasingly competitive. what does commercialising their mean? what do we expect openai to do differently under its new direction? i think it is about showing technologies like chatgpt and other models that open a high have developed have viable use cases for consumers, for businesses that are capable of generating a stable long—term revenue stream for openai, despite the fact there has been a lot of attention around openai technologies, they have not really proved that kind of long—term viability yet. we long-term viability yet. we were long—term viability yet. we were mentioning a moment ago the lawsuit elon musk is taking against openai, accusing it of joining up with microsoft in a monopolistic fashion. what are your thoughts on the merits of that case?— your thoughts on the merits of that case? ., ., . ., , that case? there are two claims or two key _ that case? there are

here was the deeply conservative wall street journal editorial page today. it's titled, "trump's pardon promise for january 6th rioters. does it include the ex-traffic who brought a baton and. he emptied a can of pepper spray at police, beat them with a pole, and pelted them with objects such as a metal scaffolding pipe. he yelled the cops were pieces of -- the prosecution sentencing memo says his criminal history includes a pending criminal case for an alleged 2023 stabbing. on december 17th meaning last month, a 60-month sentence was given to michael bradley age 50 who apparently went to the capitol on january 6th with his own metal baton and a hip holster. he swung it at police more than once. his prior conviction includes 2002 for meth trafficking. and 47-year-old man got nine months for having thrown a equipment container lid that beamed a cop causing unconsciousness and suspected concussion. a 41-year-old man who wore body armor on january 6th pleaded guilty to scuffling with police including trying to seize an officer's baton while shouting come out h

eryl: time now for the word on wall street, top investors watching your money.oining me now ubs private wealth management financial advisor, sarah ponzak, also with me is john lonski. futures are pointing to a strong opening on the first trading day for the year, markets mixed for the month of december. but we did finish the fourth quarter higher and obviously the year-to-date story pretty darn amazing for 2024. the s&p 500 posted a 23% gain, its best two year performance since 1998. big tech, massive gains there, as you can see with the nasdaq. look at thstocks. amazon, nvidia, google, meta, microsoft. you say thathe mag magnificent seven has an important role to play the the growth story for 2025. >> good morning, and happy new year to you, cheryl. they absolutely do. if you look at the magnificent seven stocks in 2024, they were paramount to the s&p 500's return. you mentioned the s&p 500 up 23% last year and these companies alone that you're showing on the screen, they accounted for more than half of that return and if you look at the average return across t