The U.S. added 431,000 jobs in March, with the unemployment rate falling to a pandemic-era low of 3.6%. Is the economy on strong footing as the Federal Reserve begins a new rate hiking cycle? We’ll debate. Plus, we’ll speak with one expert who says it’s “absurd” to think raising rates will cause a recession right now. And, we’ll bring you 3 stock picks to consider before earnings season kicks off again in “3 Buys & A Bail.”
Apr 01, 2022•44 min
Kelly explains why the Fed may need to get even more hawkish from here.
Apr 01, 2022•4 min
Kelly explains why the Fed might still be too far behind the curve.
Mar 31, 2022•5 min
President Biden is expected to speak just minutes from now, as he’s set to order a huge release of oil from our strategic reserves. Could gasoline rebates be next? And would any of this actually help bring pump prices down? We’ll explore all the angles. Plus, we’ll take a hard look at whether or not the Fed can bring down inflation without sparking an economic downturn, ahead of another key jobs report tomorrow.
Mar 31, 2022•55 min
Stocks are slightly lower, putting their 4-day winning streak in jeopardy today. And while bond yields are reversing higher, there’s technically no inversion of the 2-YR / 10YR spread just yet. We’ll have all the latest details. Plus, there’s still plenty of optimism for crypto, with bitcoin’s price up 10% this week. But is one big whale behind the huge jump? We’ll explore. And, Apple is riding an 11-session winning streak, its longest since 2003. Could investors finally see it close about the $...
Mar 30, 2022•42 min
Just how aggressive is the Fed going to get? We’ll speak with an analyst who expects at least 2 half-point rate hikes in the months ahead. Plus, stocks are continuing their winning streak today, even as yield curves begin to invert. We’ll bring you the latest moves as they happen. And, the U.S. is stepping up with billions of cubic meters of nat gas as Europe looks to remove Russian supply. We’ve got a list of U.S. companies that could benefit.
Mar 29, 2022•44 min
It’s been an ugly quarter for bonds, as the 5-year and 30-year yields have inverted for the first time since 2006. What is the bond market telling us? What do they – and don’t they – know? We’ll take a hard look at how investors should react here. Plus, President Biden just unveiled his $6 trillion budget plan, including a new 20% minimum tax on households worth $100 million+. But can it actually pass? We’ll debate. And, if workers have so much leverage right now, why is unionization seeing such...
Mar 28, 2022•44 min
Kelly makes sense of nastiness in the bond market.
Mar 28, 2022•4 min
Kelly lays out what might happen if the Fed speeds up its tightening timeline.
Mar 27, 2022•5 min
Kelly explains why Fed Chair Jerome Powell has suddenly become much more hawkish.
Mar 25, 2022•4 min
Listen to the day's top stories, the must reads & a whole lot more for today's modern investor.
Mar 25, 2022•44 min
What can the West do to stop Putin’s attack in Ukraine? Nikita Khrushchev’s granddaughter says as the US and allies sends weapons, not only will that do little to stop Russia’s invasion, it will, in fact, egg Putin on. Blackrock’s Larry Fink says this is the end of globalization. We get a look at what that means for international investors. And the EU and US are cooperating to wean Europe off its dependence on Russian oil…but can the US offer substantial help? Plus, President Biden speaks at NAT...
Mar 24, 2022•52 min
Are rising rates actually good for tech stocks? Despite history pointing to the contrary, we’ll look at why their relationship has just changed for the better. Plus, JP Morgan CEO Jamie Dimon is proposing a “Marshall Plan” for energy. We’ll look at whether something like that is already in the works amid the crisis in Ukraine. And, we’ll ask the CEO of EVgo if America’s charging infrastructure is ready to keep up with surging demand.
Mar 23, 2022•45 min
The 10-year bond yield hit its highest level in 3 years following Fed Chair Jerome Powell’s hawkish “pivot” yesterday. That has experts calling for more front-loaded rate hikes. We’ll discuss the pros & cons of this new tightening timeline with a former Fed economist. Plus, there’s a growing divide in the staples sector between pandemic winners & losers. We’ll speak with an analyst who has his names to watch and avoid. And, KraneShares is launching a new ETF filled with energy names maki...
Mar 22, 2022•45 min•Ep. 6
Stocks are falling, as Jerome Powell suggested he’s open to a 50bps hike if inflation warrants it. This as markets come off their best week since late 2020. But a key strategist says the Fed has played its cards “perfectly” here, and the market loves a credible central bank. We’ll explore. Plus, Warren Buffett is buying another insurance conglomerate, and Berkshire shares are hitting all-time highs. Is the Buffett way back? We’ll debate. And, a rift is growing between Disney CEO Bob Chapek and h...
Mar 21, 2022•45 min
In this Conversation, Kelly talks to Mizuho’s Steve Ricchiutto about why he’s skeptical we’re entering a permanently higher inflation period, why he thinks it would be a mistake for the Fed to shrink the balance sheet while hiking rates, and the reasons why the jobs market isn’t as tight as everybody—including the Fed—previously thought.
Mar 21, 2022•26 min
The hawkish headlines just keep coming from the Fed, and yet stocks continue to grind higher. Fed Governor Christopher Waller told CNBC that “inflation is raging” and the central bank needs to get more aggressive. Is he right? We’ll debate. Plus, the Dow and S&P are having the best weeks since November 2020. But we’ll hear from someone who says you might want to sell this rally. And, CNBC’s Next Generation 50 index is having its best week of the year. Our trader picks 2 names with room to ru...
Mar 18, 2022•45 min
Huge market swings lately are starting to create new openings -- and pressure points -- for investors. One strategist is highlighting biotech & smalls caps, with one showing opportunity, the other flashing concern. He’ll join us to explain. Plus, Americans want to know why pump prices haven’t dropped more already. One expert has the answers, and explains where prices will start dropping first. And, is the yield curve actually steepening? While investors worry it’s signaling a recession, we’l...
Mar 17, 2022•44 min
Kelly explains how the yield curve is signaling that inflation could keep running hot.
Mar 17, 2022•5 min
We’re just moments away from the latest Fed decision. The central bank is expected to raise rates by a quarter point, it’s first hike since December 2018. Some experts say it’s too late, with inflation running at 40-year highs. Others worry it’s moving too quickly as global war breaks out. We’ll bring you the decision once it breaks, and will cover all the angles you need to know in the meantime.
Mar 16, 2022•47 min
Rates are edging higher again today, but this time stocks are rising as well. It comes as a key inflation reading came in softer than expected, but still the biggest jump on record. We’ll explain what it means for you & your portfolio. Plus, the Fed is kicked off a two-day meeting, widely expected to raise rates by a quarter point tomorrow – the first hike since the pandemic began. We’ll look at the fallout. And, oil prices continue dropping as fears of a slowdown in China sink in, remaining...
Mar 15, 2022•45 min
Nasdaq sliding as rates climb ahead of Wednesday’s Fed Meeting, we hear from one strategist who warned of a sell-off when the Fed began tightening about what he’s seeing now. Oil continuing its decline from last week as China’s Covid lockdown sparks demand concerns. How low prices could go and what that means for gas prices in the U.S. And sticking with China, just how cozy are they getting with Russia while also holding talks with NSA officials in Rome today? And what does that mean for interna...
Mar 14, 2022•44 min
Stocks are heading for their fifth straight down week, with a rate hike cycle set to start next week amid spiking inflation. Is the economy ready? We’ll ask the experts. Plus, crude soared to $130/barrel this week, highlighting our lack of alternative energy sources. So what can we do in the meantime to help consumers? We’ll explore. And, the SEC’s crackdown is crushing Chinese stocks. But is Covid also weighing on Chinese markets? We’ll speak with the man who runs the KWEB ETF at KraneShares.
Mar 11, 2022•44 min
Kelly explains why rising inflation is actually a good sign for the labor market.
Mar 10, 2022•5 min
Stocks are falling today as inflation soars to the highest level in 40 years. We’ll tell you how to protect your portfolio. Plus, food & labor costs are soaring for restaurants. Are customers willing to pay up? We’ll ask the CEO of Portillo’s. And, with gas prices surging to record highs, EVs are looking more attractive than ever…if you can even get one right now.
Mar 10, 2022•44 min
Stocks are surging, European markets are soaring and crypto is climbing as commodities take a breather. Is this just a countertrend consolidation day, or are we entering a new phase for the market? We’ll explore. Plus, bitcoin is jumping 10% after President Biden signed an EO on cryptocurrencies. We’ll look at why the industry is so excited about going ‘mainstream.’ And, with pump prices still soaring, President Biden is looking to Venezuela for some crude supply relief. But is that the right di...
Mar 09, 2022•56 min
Crude is losing steam after President Biden officially announced a ban on Russian oil imports. We’ll look at why analysts still think prices will have to stay around these levels – or higher – for quite some time. Plus, the crisis in Ukraine is complicating matters for the Fed and it’s rate hike strategy. We’ll ask the man who called for 7 hikes this year if he’s sticking to that forecast. And, Apple is kicking off its latest product event, and we’re expecting a host of new gadgets – including a...
Mar 08, 2022•44 min
The Dow dropped more than 700 points in earlier trading amid reports of more intense fighting in Ukraine. We’ll bring you the latest news and discuss how this all plays out for markets. Plus, crude oil has pulled back after hitting a 14-year high. Can U.S. drillers ramp up production fast enough to help keep prices down? We’ll explore all of it, especially as Bipartisan leaders have just reached a deal on a new bill that could ban Russian energy imports.
Mar 07, 2022•45 min
Kelly explains why pretty much everyone would be happier with a much lower price of crude oil.
Mar 07, 2022•6 min
Kelly sits down with Julia Coronado of Macropolicy Perspectives to discuss upping her rate hike forecast, how she expects the Fed to respond to both inflation and the Ukraine crisis right now, and the difference between fiscal and monetary stimulus. Kelly and Julia also dig into the pros and cons of being an economist at different types of institutions--given her experiences at a large bank, a hedge fund, and now as an independent consultant. And be sure to stick around to hear about the current...
Mar 07, 2022•28 min
