. >> we can address this collectively through democracy or leave it up to wall street. rightow, wall street is driving the wagon and making the decision. my hope is through insurance regulators working together with the private sector, we can think about transition plans and managing risk in our economy. >> all of this, of course, won't be easy, and it won't happen overnight. like i mentioned, there's no turning off the lights and pretending your h you're not home when climate change is knocking at the door. >> i thank your report you just gave us. very eye opening for so many homeowners. people want to learn more information, for sure. thank you so much. appreciate it. and we do have a link on our website if you want to learn more about the climate crisis. you can go to nbcbayarea.com. >>> what you're looking at right now is people immersing themselves in creativity while being surrounded by redwoods. you can do this, this weekend at the mill valley fall arts festival. it starts at 11:00 in the morning tomorrow and sunday in old mill park. the event features artists, crafter

mere weeks because retail investors online got ahold of wall street hedge fund short to the tune of 140% of the float on this stock. charles: right retail started buying it up. that was wall street bets. roaring kitty main character in this movie and other retail investors. it sort of climaxes into this moment where robinhood halts trading on the buy side for retail investors. we're all left going what the hell? was that really necessary? so you have to watch the movie to understand the dynamic there. charles: listen, we all lived through it and sadly not enough has changed. i still feel like the playing field is definitely tilted against the small retail investor. i'm glad our involved, genevieve, thank you. >> thank you very much, charles. the story is never over. charles: never over. the economic reality what is happening versus what you're hearing in the financial media. one of the best straight shooters out there, steph my pomboy, what she sees happening right after this. ♪. >> tech: cracked windshield on your new car? bring it to safelite. my customer was enjoying her new car, when her windshield cracked. [gasp] >> customer

right now, 345000000 shares on wall street right now. down 271.53.2019 point. during the 1987 stock market crash, investors attempt to dump the shares in a panic. that bro, cuz eventually begin to ignore the frantically ringing telephones. the authorities decide that mo, trading should be left to computers, as people simply are not reliable enough. the new york stock exchange remains america's largest, but chicago becomes the center of new financial technologies. the whole trading company is one of the pioneers in the field of big data and market predictions. in the early 19 nineties, the company is considered a measuring stick by many trade. the like going from a whole trading companies found a black hole originally put his mathematical skills to the as in las vegas, where he can keep cons of the blank check tables in the 1970s. he is one of the 1st to recognize the potential of automated financial trade. in 1985, he finds his own company in chicago, the center of us derivative trading the time boat x joins holes team in september of 1997. quantitative analyst

they have to get deals done so they are doing it creatively, and it's also, acceptable, for wall street, right have been in the cost cutting mode. amazon has seen layoffs and trying to achieve greater efficient see, and artificial intelligence is a hands off zone for wall street. you see all big tech doing this. >> meta, later this week, and it's connective ends where ai is concerned. thank you. >>> and then the energy transition is said to be slower than many expected, and the chevron ceo had feisty commentary. >> there has been a lot of moving pieces in energy policy, whether it's in the uk last week or here. as we get saet for a busy week ahead, let's get to frank holland in for the judge. >>> what is next for stocks as the yield hits its highest in 16 years. we have downtown josh brown, shannon, and first let's get a look at the market. the dow is off of its low, and the s&p and nasdaq moving into positive territory. both up just about a quarter of a percent. the small caps

. >> we can address it collectively or leave it up to wall street. and rightall tw wall trea drastreet is dragging the wagon and making the decisions. >> reporter: chase cain. >>> still to come, justin timberlake and tiger woods are taking over times square area with a new hot spot. re area with a new hot spot. from a back? miralax works naturally with the water in your body to help you go... ...free your gut. and your mood will follow. for 8 grams of fiber, try new mirafiber gummies. bother the bugs. not your family. ahh! zevo is made with essential oils which attack bugs' biological systems. it wipes cleanly, plus is safe for use around people and pets. gotcha! zevo. people-friendly. bug-deadly. we know you care. [music plays] but if this is all too real for you and your loved ones. make the call. because we care too. ♪♪ home instead. to us, it's personal. hi. i use febreze fade defy plug. and i use this. febreze has a microchip to control scent release so it smells first-day fresh for 50 days. 50 days!? and its refill reminder light means i'll never miss a

i love when wall street is very bearish. >> right. charles: coming into the year wall street was excessively bearish i was optimistic about that. >> yes. charles: this pride and ego. i know you don't want to dish h diss your colleagues. what i appreciate about you you changed your mind on the evidence. so many don't. they find things to confirm their bearishness that becomes very selective in the data. >> becomes hard to changing your mind. there is some career risk involved in changing your mind. this year was interesting to me. at the beginning of the year we started out with everybody overweight bonds underweight stocks. we were heading into recession we were preparing for basically since q1 last year. since the war began, russia ukraine war people started preparing for this recession. charles: right. >> so we started the year with very conservative allocations. then what you saw was these big tech companies saying to us. we get it. we got too big. we overhired. we built out our capacity too much. we're going to cut costs. we'll fir

wall street journal" poll. it was the "wall street journal," right? said they think he is too old. two thirds of the democrats. >> steve: that's the age thing. going back to why they are talking about all about the economy. the ad ends where they say that inflation is down to 3% and unemployment is the lowest in decades. so the white house is looking at the numbers and these are the best numbers they have got and just doesn't feel like the numbers are that good. meanwhile stephen a. smith was on with sean last night and talked a little bit about the age thing. you know, the white house, every time you ask them about the age, they talk about something else. here he is talking to sean about a guy that old in this jock. >> in the case of biden clearly he doesn't seem to be as cogent and lucid as we would like him to be. my bigger point was this: it is a disgrace for the democratic party to call themselves progressives when they're virtually begging an 28-year-old man at election time to run for re-election. that is the point that i was making. you are supposed to be progressive, right

first, we have the word on wall street panel right here to react, we are looking at apple's event andunveiled there yesterday and weighing in on wall street's appetite for new ipos. don't miss it. you're watching "mornings with maria" live on fox business. ♪ ♪ let's go. ♪ let's go. ♪ everybody move j.p. morgan wealth management knows it's easy to get lost in investment research. get help with j.p morgan personal advisors. hey, david! ready to get started? work with advisors who create a plan with you, and help you find the right investments. so great getting to know you, let's take a look at your new investment plan. ok, great! this should have you moving in the right direction. thanks jen. get ongoing advice; and manage your investments in the chase mobile app. your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire every day, businesses everywhere are asking: is it possible? with comcast business... it is. is it possi

another day, another hot ipo on wall street. right. yesterday was instacart.back in studio with details of today's big deal in dollars and cents. today's big deal is a company called klaviyo that you may not have heard about it, but you're going to hear a lot about it now and probably going forward. they go public this morning. it's based in boston and describes itself as marketing automation that helps companies build digital relationships. its customers include some big names, some of the kardashian companies skims and good american. now the ceo and co-founder of klaviyo rang that opening bell this morning to celebrate. like instacart, it was priced at the upper end of the expected range, which puts the value of the company at about $9 billion. it has not started trading yet, but we'll keep an eye on that stock as we take you live to the new york stock exchange. the federal reserve wraps up its latest meeting today. wall street waiting for what the fed chief says about interest rates and about the economy, economy. but so far, the numbers are up, with the do

i think the wall street journal is right in what they say. is, i don't think you focus on intentions. we in the military, we focus ton capabilities. i pay a lot of attention to what our war fighting leaders in the indo-pacific, general jack keane, a mainstay on this program, gordon chang was on earlier, we've got to pay attention to capabilities and basically deter china and they need to understand that our navy can sink their navy. we need to beef that up. we don't want to if he cuss on intentions. -- focus on intentions. we want to focus on capabilities. it doesn't bother me that china's economy is struggling. that keeps xi jinping focused internally and less externally. cheryl: that is a very good point and i'm glad we discussed about military preparedness in this country. that's what concerns me about the u.s. military, about the concerns about munitions production in this country. things are not getting any better. they're getting worse on the global stage. general arnold punaro, thank you again for your service and it's great to see you

i think the real story that's affecting wall street's mentality right now for the mental health is oils5 and $0.67. it's up 3 weeks in a row and it really snuck up on us, which basically means about a month. we're looking at $7, gasoline again in the bay area. if these numbers don't turn around. >> ok, also catching my eye. >> caviar on pringles now? this is a bad idea because first of all, nobody was one chip, everybody's eating many chips and that can be our adds up like you know how expensive it is. sounds good. all. >> you know, i've never had coming. our and i feel like i'd be like tom hanks from the movie big. but the tiktok fame in the pringles for free. yeah, i think that's the right way to say i just think again, the shows you strong companies like pepsi are that have snack brands and >> tiktok users and influencers. if you're getting the eyeballs, which is good for their revenue but you can't buy 10 million views if you're pringles. that's an amazing brand. yeah, you know, have my kids bought stuff of tiktok more on that in a second. but yeah, yeah. it's a pretty powerful plat

wall street. top invests watching your money. joining me righttchdog on wall street radio show host and markowski investments president, chris markowski back with us. also with us, rebecca walser. as we look at a market that is trading down this morning, down across the board since july, actually on the final trading week of september and the end of the third quarter, moody's is warning the u.s. is risking losing the top credit rating if the government shuts down. what are your thoughts as we approach the fourth quarter next week, we'll be getting earnings coming out. what are you focused on with regard to the impact on money. >> maria, we thought the second half of the year would be the true test of the market this year because of so much stimulus money and obviously the federal reserve giving us the btf program in march. this was going to be the time, the second half of the year. we're seeing it now, we're seeing that we're just running out of money. we are -- our money supply is retracting. it's recessionary level retraction on m2 we're just g

>> yes, where i come from wall street can kind of get a bad, rep, small up to ohio or k4r50e67bd a sense wall street takes advantage wasn't little guy main street has a rightt do you think this whole esg push was more it it wasn't the about environment social company governance it was a money grab for big institutions to manage more assets, companies considered esg, tesla, not the company most for esg was it ever about esg? now when term esg has a negative connotation they don't want much to do with it doesn't put money in pockets, right you know how to change the world make it a better place not esg mandates, it is capitalism we have investment advisories working with life savings and hard work those have a fiduciary responsibility to tabling care of clients money not to a small group of stocks whatever government mandates, considers esg. cheryl: i am crews are what you put money into you write about shrink theft in your notes you talk about 2018, 50 billion people walking out with bags out of target you say it was 100 billion last year goes that get worse? and do you play market on that type of news? do you go out short target instead of buying the targe

let's judge the candidates you would on wall street judge stocks, right? buy, sell or hold. add a target, right, from the paris debate. i'll use 0-100 20 chance they'll actually win. so desantis, again, he came out the gate, in my opinion, a little slow. but he obviously pick up some steam. he's still a buy in my book. i'd raise a his target to 55. ramaswamy, listen, he said he's going to put everybody to work except jay powell. the tiktok thing, i think, may come back to the haunt him a little bit. tiktok as an advertising platform can and keeping the ccp in all of our business, i don't know about that. his target went from 55 to 50. i lowered his target a little bit. spence is a sell, he didn't mov. nikki haley, she had the best line of the night, right? the she covered a lot of ground w. obviously, she's really, really prepared, she stays at a buy. i raised her target from 45 to 55, her and desantis right now tied. i like tim scott earnly, he did have sharper elbows and, listen, we love a happy warrior, he just wasn't in there enough. i think he's a sell at this point chr

that has to stop. >> all right, so what's wall street's take in terms of where things stand with the uaw? mixed message. citi out with a note saying it is encouraged that the uaw says there is real progress when it comes to the uaw and ford and their negotiations. on the other hand, a note this morning saying this strike may go until november. finally you've got wells fargo saying it expects at least two more weeks of pressure. how much pressure remains to be seen. as you take a look at shares of gm, ford, and stellantis, inventories haven't seen it because the bulk of plants continue to crank out new models, but that may change in the weeks ahead, and we'll see what happens tuesday when biden come here. let's see how much pressure that adds to both sides to do more in term of negotiations. tyler, back to you. >> phil, ford was spared this expansion of strikes because there's apparently progress made or at least the perception of it. >> yes. >> between the two of them. >> correct, and while that's encouraging, tyler, keep in mind that shawn fain after he said that on his facebook liv

business headlines and bring you an update on the markets following yesterday's rally on wall street. we'll be righte'll be right back with that. age is just a number, and mine's unlisted. try boost® high protein with 20 grams of protein for muscle health versus 16 grams in ensure® high protein. boost® high protein. now available in cinnabon® bakery-inspired flavor. learn more at boost.com/tv upgrade ready...upgrade ready! one...one... patrick is saying t-mobile lets you upgrade as often as every year. take charge with the freedom to upgrade every year with go5g next at t-mobile. also, he's hungry. >>> time now for business, and for that let's bring in cnbc's joumanna bercetche who joins us live from london. it's going to be another packed day for data. what's your sense as to what wall street is expecting in. >> well, good morning, john. markets are looking up today. all the majors ended the session in the green up about 0.8 to 0.9%. we took a close look at the data that came out yesterday. strong retail sales numbers coming at 0.6% in august compared to 0.9% in july. the market brushed that off be

pearlstine former content editor of time magazine start bloomberg and people like the wall street journal and right. and you know, i said, hey know i'm mary mcneil and i've just written this book and i thought if hear anything back, it be a miracle. but i swear it was the most gratifying because every last person because of wallace carroll and he's been gone now, he passed away in 22, wrote me back and said, oh, well, we really you need to get this out. this is wonderful. we to remember what was carol was and the lessons he taught us and the influence he made in a very quiet way and, you know, on a generation of journalists. so that's one that's one story that i wanted to get. but then the last little dose is that and it goes to when your a college student and you don't really what you're doing and you're nervous and anxious. i was working as an intern at, the wall street journal. and so at winston-salem journal, i never made it to the wall street journal. not even close. i always got confused. actually, i did. okay. and you? i was sitting in the corner and i was really nervous, you know, not knowi

right, mary. this is the wall street journal on the uaw strike. uaw strikes and more, gm and stellantis fights but spares for peer the auto workers union on friday said members out on strike and chrysler parent at general motors and stellantis extending it to parts distribution centers that supply dealerships. the union spared ford from additional walkouts, saying it was making progress in contract talks with the automaker. uaw president, sean fain, told embers during a livestream address friday morning the action targets 38 parts and distribution centers across 20 states. the move brings the number of uaw members on strike to more than 18,000. rob is on the republican line in syracuse, new york. go ahead. caller: i am calling saying that the overall big story of the week is the appalling misbehavior of the republican party. and i am a republican. mccarthy and company on the issue of defunding ukraine is just horrific. fdr faced tremendous domestic problems 80 years ago in these united states. he never once considered pulling the rug out from unde

right? he wrote this in "the wall street journal" and he really what he wanted to do, he sort of underscoredms of productivity. a couple of charts that i thought were intriguing, take a look at this, productivity since 2009, these are all, look at all these countries where taiwan is, uk. look at the united states. you cannot believe we're here. we have been so unproductive. labor productivity is nothing that used to be what alan greenspan called a miracle. if you think that is bad, that is this number. this is overall productivity this is your motor vehicle manufacturing productivity, let's call it negative productivity. absolutely, absolutely worrisome. it is not productive bus does that mean they can't get any money? these folks are due a raise. my next guest actually agrees with ip's article calling it excellent, noting that productivity is not down, productivity is not the rate of growth worried about, it is productivity itself that is done. bring in american confidence executive director oren cass. people hear labor productivity, hear it as euphemism for firing workers, holding down wag

lauren: right, "the wall street journal" reporting that the sec is probing game stop's chairman ryanen for his surprise sale of bed bath and beyond shares. the sec requested communication information from cohen with board of directors and others. he basically tweeted repeatedly and positively about bed bath and beyond and sold shares and netted a profit of $60 million. that news and he's the chairman of game stop is the one reason it's done. stuart: there's a gun maker moving and that's smith and weston up 11%. lauren: summer is seasonally slow for the hunting season, and their net sales in the quarter up 35%. stuart: hunting season in the northeast begins in november. lauren: is it? i thought september. stuart: in my area, it's the third saturday in november at dawn. that's when rifle hunting season begins for deer. lauren: where is it in the southern part of the country? all the time? i'm looking like an idiot right now. stuart: no, putting me on the spot. lauren: i'm not a hunter. stuart: let's move on. warner bros discovery. lauren: they're up almost 3% and ditto for paramount. b

right? wall street is torn over the type of landing the economy will experience, most agree we can see the runwaym here. whatever happens will happen pretty soon. on one hand oxford economics they see the lag effect kicking into high gear resulting in negative gdp growth for the fourth quarter this year and first quarter of next year. so as wall street squabbles over where this economy is going, meanwhile the bond market simply made up its mind. yields continue to surge higher, 10-year yield last seen at levels in 2011. the reaction to the powell presser is intriguing. higher for longer has been the mandate. everyone comes on the show says higher for longer. it should not have been news. high hunch the chair of the federal reserve wasn't the only person that gave up the ghost. joining me city global wealth chief economist steven whiting. i just got to get your thoughts. >> right. charles: yes the market as reaction to the fed, powell, is the exact reaction it had every time. to a t. you rally into 4:30, 4:35 and you fall apart to the closing bell. it carried over to today. is this overreaction? h

right now, a bloomberg wall street reporter, sonali basak, has been covering all of the major ipo's. we had three so far this week. three and the last two weeks. arms holding was last week, last week we had instacart and today klaviyo. the other two fizzled out. they look weaker than the first day of trading. what to expect from this one? sonali: you already see it opening more than 20% higher than what they priced at. our own bloomberg reporter reported how much interest had come into this idea of 200 investors roughly left on the table with no allocation at all. the 22% pop is not surprising in that vein. ed: i don't think -- matt: i don't think it is that amazing. they aim for a pop, it is engineered for a pop. instagram -- instacart was up 43%. sonali: they don't leave too much on the table but the pop is fading. the 22% is 17%. we have the fed decision coming too so where it ends the day will be enormously important let alone the first trade. matt: they wanted to get it done before the fed and these are coming later and later. it was a risk i think that it did not get traded unt

many houses have a façade parallel to the street, but the wall extends to the right or left at a slight. the locals decided not to change traditions and keep everything as was. not every locality in belarus can boast of such a feature, as well as a considerable number of famous people. contemporary writer nikolai cherkashin and belarusian politician boris batura appeared in the post-war city. in royal volkovysk, about 100 years ago , the best little sister of all time was born - film actress yanina zheima. this city and small homeland. telisha. and now we go towards the street where the legendary house is located, miraculously preserved. to this day, the oldest city building. during the war of 1812 bograsion himself stayed in volkovysk. everyone in the city knows the street named after the famous commander; once upon a time the headquarters of a russian general was located here. previously, this was dvoryanskaya street. the most expensive, beautiful houses in our city were not built, alas, the last wars greatly changed our city, most of these buildings were destroyed, but one of them su

if wall street didn't believe him, they loaded up on bonds, and right now today may want to take a secondten. they're lucky, because jim is coming up. >>> but first, if the fed can print money, how can they actually lose $100 billion? how can they keep messing it all up? we've got a very special guest on this because maybe the fed needs a lesson in economics, next. ♪ ♪ meet the future. a chef. a designer. and, ooh, an engineer. all learning to save and spend their money with chase. the chef's cooking up firsts with her new debit card. hungry? -uhuh. the designer's eyeing sequins. uh no plaid. while mom is eyeing his spending. nice. and the engineer? she's taking control with her own account for college. three futures, all with chase. freedom for kids. control for parents. one bank for both. chase. make more of what's yours. your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire charles: all right, folks, everyone knows abo

wall street. e llseings have changed since thcoap of lehman brothers. more fast money right after this. tennis association to remove boundaries... ( ♪♪ ) because this game is for everyone. >>> welcome back to "fast money." uranium on fire this week. check out shares of cameco. the stock trading at levels not seen since march of 2012. tim is a shareholder -- by the way, cameco? >> i go cameco. >> just checking. just in my head, i always say cameco. >> you said 2011. that's the uranium price too. 65.50 a pound. it's a combination of clean energy and energy security, you know, kind of coming as one. lack of investment. and then on the bottom-up, you have a military dynamic where you have 5% of the world supply and you have the bottom-up dynamic where they really are executing. and so this is something that to me the correlation to the uranium prices is probably higher than it should be because i think there should be less volatility in the stock price. you can make an argument that any particular company could have their own operational issues. you stay long in the trade, i think we're get

wall street was saying it is a screaming buy right around here but is it?ant to bring chief market strategist at osaic phil blancato. phil, i thought about you when i saw the article because you're a bond guy. saying buy tlt. it is pretty rough and yields are up again and i feel like if it breaks this next support point it will hurt a lot? >> except you're earning more than the current rate of inflation. you have the opportunity to pad your portfolio with income. let's be honest, we're in deflationary world. i agree with the point you made, there is still too much money in the system. seeing credit conditions tighten, cone super slow down. we're out of excess cash. things are tighter, rates drop and win on price appreciation and yield. charles: how do we get, do we ever get tighter to this level? doesn't sound like the fed will do enough work to get the volcker tightening conditions we had unless it happens overnight? >> two things drive this they want the fed balance sheet 80 billion, 100 billion a day. two, they're not done hiking rates. another 25 basis

this is a global wall street issue right now. we see in equities. if we get a davis bond pricing two things unravel? do we get to end instability? earl: the answer is yes but for a very short period. we believe that the market will still do all right. we like risk assets but now that these valuations. we believe the unravel. once it does unravel we will be by yang. we will be going overweight and that is something important to know. these are the ebbs and flows of the markets. that is what we believe managers should do. lisa: you are saying real yields go to 3%. earl: nothing is for sure. lisa: this is the lead of this whole thing because a lot of people are saying this is not driven by inflation or growth. it is driven by something else. what is that something else driving the real yield higher? earl: expectations. when you read history books, throughout the 60's and 70's inflation was not an annoyance. it was not public enemy number one. it was not until reagan came in, that he said inflation was public enemy number one. we are

wall street because coming next. -- wall street week is coming next. sweat isn't sweet. it's salty. lmnt. more electrolytes. zero sugar. you feel the difference when you get it right. : time now for wall street b. a look at what is buzzing on wall street and the world of banking and finance. today we take a look at goldman firing some banking executives because of compliance issues. what happened? >> importantly, this is in the transaction banking unit, a newer unit that they have been trying to expand. run by one of the executive that was fired because of compliance lapses according to sources who told this to bloomberg. goldman's own response is that they are not going to comment on the individual disciplinary matters, but as a general policy, they take the communications policy very seriously and expect personnel to comply. remember, part of this is through an announcement they made in changes to leadership for the transaction banking unit just one day ago. who will be running the union now is goldman's own treasurer, philip berlinski as well as -- and --, but this is another example here of the crackdown and this time within a bank when it comes to unapproved co

in asia overnight green across the board fractional moves across asia, wall street higher across the board right now, then this new resolution from the house oversight committee about the biden family bribery investigation hunter biden received a quarter of a million dollars from beijing with a beneficiary address listed as joe biden's home. more evidence for the house impeachment inquiry hearing tomorrow. joining to the conversation all morning long poles i ingenuity adam johnson. political science lauren wright and speech first executive director cherise trump. "mornings with maria" is live right now. ♪. maria: seven candidates squaring off in the second gop presidential debate. madison alworth is live from the reagan presidential library in simi valley california. >> good morning it is debate day here in simi valley, the ronald reagan presidential library has been transformed into a primetime debate stage. those seven candidates are prepared to take the stage. the be slightly smaller from the debate of month ago. one candidate asa hutchinson did not qualify for the state. the hope for the sev

year-old son. did mardad heads a number of newspapers, including the wall street journal , the new york post, and the telegraph. right-wing media money used behind the scenes of fox news at age 92. murdoch's media used false claims about the fortunes of the 2020 us election and fueled the coverage and media. the climate crisis and denial of climate change have become extremely controversial. this development marks an eventful year for fox and murdoch after media ownership week six months ago, when the fox news television network sued the manufacturer of voting machines in a lawsuit. accused of defamation the allegation of fraud in the 2020 presidential election was ordered to pay more than 780 billion dollars in compensation . considering the influence of the fox network in the formation of american public opinion and the next year's presidential election in this country, rupert murdoch's resignation was described as a significant development in the united states. the cooperation between china and syria was signed in the presence of the presidents of the two countries, and syrian president shaheed assad, who headed a

wall street journal" there. >> "wall street journal" editorial page, jonathan lemire. >> we're going to jump right to this. >> donald trump afraid to debate. >> definitely. >> "the wall street journal" asks a question, lead editorial, why is donald trump afraid to debate they go through a series of things, but the bottom line is, they complete by saying, "mr. trump's advisers may be telling him not to appear, should he say something that hurts his legal defense, but that's a sign of weakness, not strength, and he'll have to answer those questions eventually what is former president afraid of?" asks "the wall street journal" editorial page. >> it's the right question obviously, it does a disservice to voters, republican voters, our democracy, if he doesn't participate in the debates he should, period, full stop right now, they're sending no signal that he will. he skipped the first debate. he showed no slippage in the polls. in fact, his lead has only grown. he is not going to participate next week, partially because of a personal animosity he has against the ronald reagan library, of all places he's sending si

we think they're a relevant player, and they're doing all the right things. wall streetgry at them and ignoring them entirety. >> you also like goldman, i believe morgan, blackstone maybe, black rock. but goldman in particular, you think they get a little fill from the ipo season we're in the middle of? >> they spoke this week and morgan spoke. both of them talked about a better 2024 pipeline. so, again, if you have the six plus month time horizon, you're getting a very good yield with goldman. the surprise also be on the upside, and the stock has 10% to 20% higher from year. >> morgan, same thing. there are a couple of financials in here, and one of the sort of worst trades has been people trying to bottom fish in the regional banks, which it doesn't sound like that's what you are doing. >> well, today we're focusing on the goldman morgan. we like the real banks. a number of them spoke this week and the outlooks were good. we liked pnc. they talked about business being bi better than expected. we think they can navigate the commercial real estate area and you are gettin

in "the wall street journal", writing that government policies are what is driving inflation, not low rates. the former treasury undersecretary wall street contributor david malpass with me rightuch to talk about from days at the world bank to what you are talking about now with domestic issues what are most important government policiesing that awry caused this -- spiking inflation. >> think of it by nature the government is spending huge amounts of money almost to six trillion dollars not that much of i have the adds to the output of the economy but all counted in gdp, the workers get money spend the money. so that puts upward pressure on prices, washington, d.c., is booming, and so, on tax side even, government takes money from the people ep that adds to their cost-of-living that causes, them to -- to work less, because the inflation -- the taxes are more so the huge challenge here is inflation is a lagging indicator i don't think useful for setting monitor policy we need to be looking for other indicators ways to get inflation, and prices down, for the consumer. >> the republicans have said, the democrats, and white house, spent six trillion dollars in two-year period we a

wall street. >>> and nfl season is right around the corner, and i'm sure a lot of folks out there are ready to have busy sundays, but up next for you, hilarious message one wife just received message one wife just received ahead of kickoff ♪ thousands of women with metastatic breast cancer, are living in the moment and taking ibrance. ibrance with an aromatase inhibitor is for adults with hr+/her2- metastatic breast cancer as the first hormonal based therapy. ibrance plus letrozole significantly delayed disease progression versus letrozole. ibrance may cause low white blood cell counts that may lead to serious infections. ibrance may cause severe inflammation of the lungs. both of these can lead to death. tell your doctor if you have new or worsening chest pain, cough, or trouble breathing. before taking ibrance, tell your doctor if you have fever, chills, or other signs of infection, liver or kidney problems, are or plan to become pregnant, or are breastfeeding. for more information about side effects talk to your doctor. be in your moment. ask your doctor about ibrance. >>> 6:15 now. let's get a

is everybody on wall street looking for a new job right now.ure looks -- sonali: it sure looks like it. you look at the number of spikes on the terminal on one person or another go into a massive hedge fund. these are very senior and expensive talent looking at for example the senior portfolio manager at millennium. moving to bally as neat looking at jane launching a new fund. one of the hottest startups were looking at in many years. former millennium executive also hiring talent ahead of their launch. you have said adele adding equities talent. international equities teams. you definitely have a wide range of talent being sought out for these multi-strategy firms. these firms are in search of diversification and keeping up with terms. they had some great years. >> do we know about returns? >> one of the big hirers hired some of the large recently. there up about 2% this year through august. you've a qr where you're seeing significant returns even when you see these largely struggling in the market you are seeing the returns of nine, 10%, you

wall street's -- worries me. one of wall street's famous economists keeps reminding clients everything was all right before the great recession until it wasn't, and i feel like that's where we are. brian: thomas, really quickly to build on that point, you've got student debt repayments, interest is starting to accrue now. the payments will start in october. is that going to make a big dent in consumer spending by year end? >> well, i think, i mean, the they've delayed it now several years, and now it's starting up again. it's essentially the democrats who wants taxpayers to pay for voting democratic, essentially, when you send your kids to university. and they have doubled down, as you know, after the supreme court tried to stop them. in terms of the inflationary effect, what's going to happen with these things that they're trying to do which is income-tested student loans, you're clearly going to have tuition inflation because now the universities can charge, they can charge anything and just forgiven if they don't have enough income. brian: it's the most broken economic system perhaps in our country right now, and

time for the word on wall street, top investors watching your money. joining me right vice president and equity analyst, garrett nelson. great to see you guys. garrett, thanks for joining the conversation this morning. we've got futures higher ahead of a major week. although the nasdaq just went negative. take a look at the dow industrials, up 27, nasdaq negative by 3 points and we're focused on the auto stocks as the united auto workers strike enters a fourth day, resuming talks with ford, general motors and stellantis. uaw president sean feign rejected a 21% pay increase, the offer from stellantis over the weekend, saying it is, quote, a no go. garrett, you say tesla could be the big winner here out of this strike. i made the point earlier, we don't have strikers at tesla, we don't have strikers at toyota and other international makers. so you think tesla could gain ground here? ?thanks for having me. absolutely. tesla's labor costs are already 35 to 40% lower than the detroit three automakers. so the detroit three automakers labor costs will be going higher. the onl

also concerning is the potential rematch right on the wall street journal shows donald trump on a deadiden potential rematch of 2020 election. there's about eight other gop candidates who love the opportunity to swear off one on one against bite and the general election buried some polls have nikki haley beating biden. some more from the wall street journal poll neither joe biden nor donald trump is honesty. there's the issue of immigration another area president biden does not pull welts forward a plan for migrants to remain in texas a far cry from donald trump's are made in mexico. this to recoup a fire at response in texas governor greg abbott who's been shifting tens of thousands of migrants to new york and here in the nation's capitol. abbott taking to twitter this scam was tried years ago and was shot down by a judge. we will send biden same swift justice even more buses of migrants to washington d.c. but speaking of remaining in texas the federal appeals court said late this week that 1000-foot floating a barrier on the rio grande is allowed to remain in texas and remain in plac

by the way, that wall street journal article is kind of inside baseball right. to say on an inflation add a justed basis -- adjusted basis, $100 oil is expensive. tell that to everyone that's going to the pump and spending 70 or 80 bucks. maria: would you buy oil stocks or oil related assets. >> interesting you should ask. i'm long one oil equity right now, energy transfer partners, pays a 9% dividend yield. i bought this at 3 bucks a couple years ago and now it's up to the target, 14 and i'm selling it. i'll tell you why. oil right now looks like it's breaking out. maria: $91 a barrel this morning. >> when you have a stock that's gone from 3 to 14, it hit my target so i'm selling it. maria: that's a nice move. you're exposed to oil assets. >> we have an energy component, a commodity component. i think the inflationary pressure is not going to go away for the long term. i think the oil story is a long-term story. maria: great to talk with you. thanks so much. when we come back, lawmakers are racing towards a package to fund the government with three working days

just insurance and other costs that are getting more attention like in "the wall street journal" today? >> no. i think rightere's a lot of kicking the can down the road for commercial office buildings for example. i think there's a lot more stress coming there. much more stress in the apartment sector because of the nature of how those assets were purchased. the market, as a whole, ran towards -- or investors ran towards apartment buildings because they thought they were safe people were paying their rate and it was dependable income stream but they didn't bank on if you buy something at 4%, you are making a bet that rates are going to remain low, but they are not. now those investments are upside down, wiping out equity and taking end roads in terms of depleting the value of the nasdaq so there will be a lot of stress there, as well >> which is awkward, if people were hoping apartments could bail out the office sector, not the remodel of those buildings, or that a lot of people are not really signing up to do that >> we're getting ready to launch a strategy in that area to convert office buildings into apa

right. everyone should read "wall street journal" columnist and former george w.h speech writer william mcgurn's excellent piece called time for so manically regular mommics. that's in today's "wall street journal." mcgurn calls it zombie reaganism because people think the gipper's free market, pro-capitalist, low-tax, deregulation policies are hopefullylessly out of sync with modern thinking. of course, people who make that case are mostly part of the new socialism practiced by today's democratic party. wasn't always so for the democrats. john f. kennedy slashed tax rates. i wrote a book on the subject. ronald reagan always promoted jfk tax cuts when he himself slashed tax rates in the 1980s bringing the top the income tax rate, believe it or not, down from 700% to 28 -- 70% to 28%. incidentally, joe biden voted for the reagan tax cuts when he was a senator. just saying. so after the tax cuts, the economy boomed in the 1980s. i might, boom boomed. between 1982, which was the end of the carter recession really, and 1988 the gdp growth rate was an astonishing 5.4%