Schwab Network
4,326 episodes - English - Latest episode: 13 days ago - ★★★★★ - 23 ratingsSchwab Network is brought to you by Charles Schwab Media Productions Company (CSMPC), a subsidiary of The Charles Schwab Corporation and not a financial advisor, registered investment advisor, broker, or futures commission merchant. THE SCHWAB NETWORK SITE, CONTENT, APPS, and RELATED SERVICES, ARE ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT WARRANTIES. Not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction. ©2024 CSMPC. All rights reserved.
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Episodes
Stock Market Today: Fundamentals Vs Liquidity
April 06, 2023 15:35 - 7 minutes - 107 MBThe stock market today seems to be consolidating into the long holiday weekend. When it comes to equities, is it fundamentals versus liquidity? Luke Gromen says that the fundamentals are softening due to the latest economic data. What does this mean with inflation still being present and above the Federal Reserve's 2% target? Gromen says that the U.S. Dollar falling has been a liquidity injection.
Job Layoffs Starting To Show In Eco Data
April 06, 2023 15:21 - 8 minutes - 91.8 MBJobless Claims data today came in at above 200K. The hiring in 2022 does not seem to be continuing this year as the job cuts from big corporations are starting to show in the numbers. Bad news used to be good news for markets, but that is not happening today with the employment data. However, the healthcare sector seems to be outperforming the rest of the market. Dan Deming weighs in on the slowing economy and defensive positioning.
Deceleration In Jobs Growth Could Result In One More Rate Hike
April 05, 2023 21:51 - 11 minutes - 112 MBIs the weaker jobs data providing a boost to the stock market today? Also, the gold price pushed up and made new highs, as well as the bonds and notes were higher. Phil Streible is surprised at this, but says that the markets are forward-looking. Federal Reserve's Mester said that more interest rate hikes ahead are likely. Streible says that the deceleration in jobs growth could result in one more interest rate hike.
Is The Stock Market Today Overpriced?
April 05, 2023 21:37 - 9 minutes - 87.7 MBThe Nasdaq, S&P 500 Index or SPX, and Dow Jones today seem to be resilient amid all of the economic data. However, Bob Iaccino states that equities today are overpriced. Are the October 2022 lows not the lows of this bear market? There seems to be weakness in the U.S. economy as the JOLTS number was lower since the first time of July 2022. Iaccino also says that several factors do not bode well for profits for the upcoming earnings season.
TGNA, AIG, ECL: Semiconductors & Biotech Could Lead 2Q
April 05, 2023 21:11 - 7 minutes - 71.2 MBWe have some short-term concerns, but 2Q should still be up, notes Paul Schatz. He discusses the takeaways from 1Q23 market performance. He mentions that the S&P 500 should make a run at $4,400. He talks about which sectors are best positioned for volatility and forecasts 2Q23 market trends. He goes over how he like the semiconductors and biotech as leaders. He then highlights his stock picks which include Tenga (TGNA), AIG (AIG), and EcoLab (ECL). Tune in to find out more about the stock ...
Semiconductors Lower After China Issues Complaint & JNJ To Pay $9.8B
April 05, 2023 18:17 - 5 minutes - 80.1 MBSemiconductor stocks are under pressure after China issues a complaint. Renita Young discusses this as China's commerce ministry says that Japan is "obstructing chip industry cooperation." Nvidia (NVDA), AMD (AMD), Intel (INTC) are all lower in the premarket. She also talks about how Johnson & Johnson (JNJ) has to pay $9.8B to resolve talc claims which is payable over 25 years. JNJ subsidiary LTL Management re-filed for Chapter 11 bankruptcy. Tune in to find out more about the stock market...
Lack Luster Fed Policy Will Devalue The Dollar
April 05, 2023 18:07 - 5 minutes - 55.4 MBInflationary concerns will ramp up and the Fed will either raise rates or do another round of Q/E, notes Ed Siddell. He talks about how the S&P 500 and Dow Jones four-day winning streak is in jeopardy. He mentions that a lack luster Fed policy will continue to devalue the dollar. He goes over the Fed's next steps in fighting inflation. He previews the next FOMC meeting which takes place May 2-3. Tune in to find out more about the stock market today.
SNPS, MSFT, GOOGL: How Investors Can Take Advantage Of A.I.
April 05, 2023 18:01 - 5 minutes - 385 MBMicrosoft's (MSFT) new Bing A.I. doubled search traffic overnight, notes Dave Altavilla. He discusses trends to keep on your radar. He highlights that Nvidia (NVDA) is the 800 pound gorilla of the A.I. silicon engines and software. He also goes over A.I. trends to watch with stocks Qualcomm (QCOM) and Synopsys (SNPS). He compares Microsoft Bing A.I. to Alphabet search. He then discusses how investors can take advantage of the A.I. revolution. He then talks about how SNPS is an industry bel...
Why Asian Bank Stocks Outperformed Global Peers
April 05, 2023 17:58 - 9 minutes - 83.6 MBCrude futures (/CL) reach $81 for the first time since January 27th. Jeffrey Kleintop discusses this, as well as how the Reserve Bank of Australia keeps rates unchanged at 3.60%. He examines the latest central bank activity, in addition to the state of China's reopening. He talks about why Asian bank stocks outperformed their global peers. He then goes over investor sentiment and market performance, looking at Global Institutional Investor Sentiment Index. Tune in to find out more about th...
C3.ai (AI) Tumbles, Bullfrog A.I. (BFRG) Rises, General Motors (GM) Employees Accept Buyouts
April 05, 2023 17:53 - 5 minutes - 56.1 MBC3.ai (AI) tumbles after Kerrisdale Capital alleges accounting and disclosure irregularities. Renita Young discusses this, as well as how Bullfrog A.I. Holdings (BFRG) up after announcing worldwide license agreement with Johns Hopkins University. She also talks about how 5,000 General Motors (GM) salaried employees accept buyouts in line with corporate expectations. Tune in to find out more about the stock market today.
JOLTs Report Major Takeaways
April 04, 2023 19:42 - 5 minutes - 57.8 MBThe Fed might see the JOLTs as a sign that there is a mismatch between supply and demand of labor is slowly resolving, notes Mark Hamrick. He and Ben Ayers discusses the major takeaways from the JOLTs report. The JOLTs actual number came in at 9.931M versus an estimated 10.400M. Mark also mentions that a BankRate survey finds that 56% of Americans in the workforce plan to look for work over the next year. Tune in to find out more about the stock market today.
Dan Ives On How Tesla (TSLA) Paid Dividends With Model 3/Y Price Cuts
April 03, 2023 21:06 - 7 minutes - 82.2 MBTesla's (TSLA) delivery number was a clear step in the right direction, according to Wedbush. Dan Ives discusses TSLA as its shares fall after latest deliveries report. He talks about how 1Q deliveries rose 36.4% year-over-year, and Wedbush maintains an outperform rating with a $225 price target for TSLA. Wedbush notes that its Model 3/Y price cuts have paid major dividends, demand appears very solid, but the big question will be its margins. Dan then goes over how Apple's (AAPL) "golden i...
ROKU, NXT, ATLX: Stock Picking In A Financially Volatile Market
April 03, 2023 21:03 - 8 minutes - 85.3 MBThe markets are mixed as investors kick off the second quarter of trading. Hilary Kramer discusses stock picking in today's market. She highlights some of her stock picks which include Roku (ROKU), Mobileye (MBLY), and HubSpot (HUBS). Her "new energy" names include Nextracker (NXT), Excelerate Energy (EE), and TXO Energy Partners (TXO), while her mining pick is Atlas Lithium (ATLX). She then compares the 2008 financial crisis to the recent financial volatility. Tune in to find out more abo...
Bitcoin Is The Best It Has Been In Two Years
April 03, 2023 20:42 - 5 minutes - 46.3 MBBitcoin is up 70% in 1Q23, which is its best quarter in two years, notes Todd Groth. He and Jason Pagoulatos discuss bitcoin and crypto. They assess the recent rally in bitcoin. Todd mentions that bitcoin performs well when being propelled by its own narrative. They talk about how people are buying bitcoin and transferring it. They also go over how it should be interesting to see how gold (/GC) trades against bitcoin. Tune in to find out more about the stock market today.
Shopify (SHOP) As A Leader & Competitor Of PayPal (PYPL)
April 03, 2023 17:33 - 10 minutes - 96.3 MBThe Shopify (SHOP) company had promise, but the SHOP stock price fell in 2022. Was there a forced ecommerce trade during the pandemic? Andrew Bauch says that the reopening took a dramatic impact on the ecommerce world as consumers were spending more money on travel couple with a lack of stimulus payments in 2021. Is Shopify (SHOP) the best pure play in the ecommerce sector? Bauch says that recently Shopify (SHOP) has demonstrated that they are the leader. The company also entered the onlin...
Stock Market Today Moving Higher, But Bank Stocks & Bonds Do Not Agree
April 03, 2023 16:19 - 10 minutes - 114 MBThe Nasdaq closed at the highest level of the year last Friday with an about 20% move off the October 2022 lows. Does this signify a bull market today? Jim Bianco says that for the moment the stock market is moving up, but bank stocks do not agree. Bonds also are in a different territory as rates are down from where they were a month ago. The stock market today is driven by FAANG stocks, Microsoft (MSFT), Nvidia (NVDA), and Tesla (TSLA).
Tesla Deliveries & Endeavor Deal For WWE
April 03, 2023 15:56 - 6 minutes - 81.4 MBTesla (TSLA) reported that first quarter 2023 deliveries totaled 422,875 units. The majority of sales were of lower priced model electric vehicles. However, this is a mixed story and the TSLA stock price is down over 6% so far today. Next, Renita Young discusses the Endeavor (EDR) deal for WWE, which is worth about $9.3B. EDR shareholders would own 51% of the combined company, and WWE shareholders would own the remaining 49%.
NVDA, INTC, AMD, MU: A Frenzy Over A.I. Is Dangerous
March 31, 2023 21:48 - 8 minutes - 100 MBChina fears the loss of access to Nvidia (NVDA), Intel (INTC), and Advance Micro Devices (AMD), notes Kim Forrest. She and Daniel Newman discuss how China has launched an investigation into Micron (MU) amid geopolitical fight over semiconductors. Kim mentions that the past indicates that a frenzy over A.I. is dangerous. They talk about other semiconductors that could face Chinese scrutiny. Daniel highlights his semiconductor picks which include INTC, Lattice Semiconductor (LSCC), and Amazo...
NBA Superstar Giannis Antekounmpo On SROI ETF: Sustainable & Accessible Investing
March 31, 2023 21:45 - 10 minutes - 137 MBNBA superstar Giannis Antetokounmpo discusses the Calamos Antetokounmpo Global Sustainable Equities ETF (SROI) which was launched last month. He and John Koudounis talk about the importance of sustainable and accessible investing. Giannis goes over his journey from Greece to NBA stardom. They then note that the SROI ETF has outperformed the S&P 500 by 1% since launch. Finally, they touch on the SROI investment philosophy. Tune in to find out more about the stock market today.
Sprinklr (CXM) CEO On Earnings & Enterprise Software
March 31, 2023 18:10 - 9 minutes - 232 MBSprinklr (CXM) is an enterprise software company. Ragy Thomas, CEO of CXM gives an overview of the company. He talks about how CXM develops a SAAS customer experience management platform. He notes that CXM is rallying on strong earnings and upbeat guidance. Its 4Q adjusted EPS came in at $0.06 versus an estimated $0.02, while revenue came in at $165.33M versus an estimated $162.77M. He goes over how CXM's 4Q subscription revenue came in at $148.3M. Tune in to find out more about the stock ...
Netflix (NFLX): High Quality & Video Game Service
March 31, 2023 17:26 - 5 minutes - 63.7 MBNetflix (NFLX) is continuing to restructure its film group according to Bloomberg. This will result with some layoffs, including key executives. Netflix is scaling back its output to ensure high quality titles and centralize decision-making. Kevin Green weighs in on the streaming service working on video games for TV.
Stock Market Today: Intel (INTC) & Walmart (WMT) Strength, Restructuring In Roku (ROKU)
March 30, 2023 22:50 - 3 minutes - 41 MBThe Dow Jones closed higher today along with the S&P 500 and Nasdaq-100, whereas the Russell 2000 was the only one to close slightly in the red. Ten out of the eleven S&P 500 sectors closed higher with real estate and tech up more than 1%. A bullish note from Raymond James drove Intel (INTC) to close higher. Walmart (WMT) closed higher after Evercore ISI upgraded the stock to outperform from in-line and boosted its price target. Roku Inc. (ROKU) announced its restructuring plan to reduce o...
Stocks Can't Go Up When Recession Slows But Inflation Stays
March 30, 2023 22:46 - 4 minutes - 48.6 MBThis PCE report isn't likely to move the needle that much from the Fed's perspective, notes Bob Iaccino. He talks about how the economy is starting to slow in a significant way. He mentions that the only time that stocks can't go up is when there is a slowdown on a recession and inflation is still stubbornly present. He then goes over what investors need to watch in futures. Tune in to find out more about the stock market today.
Current Market Carnage Creates Pockets Of Opportunity
March 30, 2023 22:43 - 7 minutes - 76.4 MBCurrent market carnage (real estate and financials) created pockets of opportunity, notes Iman Brivanlou. He discusses finding pockets of opportunity in difficult market conditions. He talks about how TCW likes dividend paying stocks that can withstand rising interest rates. He mentions that investors should beware of high yields, as the market is telling you dividends may not be sustainable. He then goes over why investors should consider real estate and financials, in addition to the out...
International Stocks Outperform & Bank Stress Is Fading
March 30, 2023 22:37 - 5 minutes - 51.9 MBHow are international stocks performing in a volatile 2023 market? Jeffrey Kleintop discusses this noting that international stocks are outperforming U.S. stocks so far in 2023. He talks about how technical indicators of bank stress is fading and a broader cyclical rally may be returning. He examines recent trends in global economic data. Finally, he goes over the signals that bank stress is fading. Tune in to find out more about the stock market today.
Mortgage Rates & The Credit Crunch On Home Sales
March 30, 2023 22:35 - 9 minutes - 113 MBPotential buyers are in watch and see mode, according to Dolly Lenz Real Estate. Dolly Lenz and Jenny Lenz track home sales trends. They talk about the Pending Home Sales Index which was released March 29th. They go over headwinds for the real estate market which include mortgage rates volatility, lack of supply, and expected credit tightening. They note that a volatile spring selling season likely. They then mention the impact of mortgage rates and the credit crunch on home sales. Tune in...
FSLR: Can The Shun Shine On Solar Manufacturing?
March 30, 2023 22:32 - 6 minutes - 86.8 MBFirst Solar (FSLR) is the best exposed to manufacturer production tax credit tailwinds, notes John Miller. He talks about how U.S. policy framework is affecting the solar energy industry. He tracks ESG trends, and talks about if the sun can shine on solar manufacturing. He goes over how it is important to invest in solar stocks that have an effective and resilient policy framework. he also looks at some key narratives to watch in 2023 which are focused on how stridently the UFLPA will be e...
Netflix (NFLX) Prepares To Expand Into TV-Set Video Games
March 30, 2023 22:27 - 4 minutes - 50.4 MBNetflix (NFLX) is preparing for an expansion in TV-set video games. George Tsilis discusses this as Bloomberg uncovered Netflix code that refers to game play on TVs, using cell phones or controllers. He compares NFLX to other streaming services which include Paramount (PARA), Warner Bros. Discovery (WBD), Walt Disney (DIS), and Roku Inc. (ROKU). He then demonstrates an example trade using NFLX. The trade type is a call spread and the direction is bullish. Tune in to find out more about the...
Market Watching For Recession
March 30, 2023 22:22 - 8 minutes - 94 MBThe market has transitioned from worrying about inflation and an aggressive Fed to recessionary fears, says Noelle Corum. She expects inflation data to heat up in the summer due to transitory reasons. She likes diversifying holdings through pairing low volatility or quality names, and being aware of exposure and hedging risk. However, she is still looking at some growth names.
Bull Case For Defense Stocks
March 30, 2023 22:20 - 10 minutes - 116 MBToday's Inside Out: Lockheed Martin (LMT) and General Dynamics (GD). John Eade makes the bull case for the defense sector, seeing an opportunity in recent pullbacks. He points out that the majority of their revenue comes from the U.S. government, so debt ceiling and spending issues can affect them. He likes defense companies' cash flow and dividends. Then, Tom White joins the show to walk through 2 example options trades: a covered call on GD and a put vertical on LMT.
Expectations For 1Q Earnings Season
March 30, 2023 22:17 - 9 minutes - 87.2 MBWe are in an earnings recession already, says Eric Lynch, but investors may not be factoring that in. He recommends playing defensively by looking for companies with very high visibility into their earnings and low volatility. He expects the energy sector to suffer this year even though it led last year. He is also concerned about the financial sector.
U.S. Consumer Strength Driving Inflation
March 30, 2023 22:16 - 10 minutes - 243 MB"We have decent demand right now" for gasoline, says Jake Hanley, noting a draw on U.S. inventories. He expects crude to trade in a range near-term with $80 as resistance. He also thinks the services sector and the U.S. consumer remain strong, although the Fed is trying to slow consumer demand. A supply glut in natural gas is keeping prices down.
Today's Data Supports Fed Plan
March 30, 2023 22:12 - 8 minutes - 100 MBToday's economic seems to support the Fed's plan, says Dan Deming. He helps Ben break down the 4Q GDP and Jobless Claims numbers and what they could mean for rates going forward. He says the U.S. dollar isn't reacting as traders might expect as fears of banking sector meltdowns continue. Dan and Ben take a look at the major indices and international inflation data.
Roku (ROKU) Approves $30M-$35M Restructuring Plan
March 30, 2023 22:05 - 2 minutes - 23.2 MBRoku Inc. (ROKU) has approved restructuring plan. Jenny Horne discusses how ROKU plans to lower year-over-year operating expense growth. She talks about how this is expected to impact 6% of ROKU's total workforce, and the plan is expected to cost between $30M-$35M. She notes that ROKU is to prioritize projects with higher return on investment. Tune in to find out more about the stock market today.
Why "Pausing" May Be The New "Tightening"
March 29, 2023 23:20 - 5 minutes - 48.7 MBWith an economic/credit crunch ahead of us, a formal recession becomes more likely, notes Kevin Gordon. He and Jeffrey Kleintop discuss tech sector strength leading market rally. Kevin mentions that disinflation and deflation are very much cases of "careful for what you wish for." Jeffrey highlights that technical indicators of bank stress are fading and international outperformance continues. They then go over why "pausing" may be the new "tightening." Tune in to find out more about the s...
Bitcoin Has Got The Fire Underneath It
March 29, 2023 23:13 - 4 minutes - 45.9 MBOne thing I want to point out is that you're looking at the S&P 500 is now peaking above its 50-day moving average, notes Dan Deming. He discusses what investors need to watch in futures. He talks about how Bitcoin (/BTC) hit a 52-week low of $14,925 on November 9th. He goes over how bitcoin certainly has got the fire underneath it in the short term. He mentions that an area that we've realized is the fact that the banking sector dominates the U.S. more than any other country. Tune in to f...
Gambling.com Group (GAMB) CEO On The Online Gambling Industry
March 29, 2023 23:08 - 7 minutes - 66.8 MBGambling.com Group (GAMB) is a performance marketing company for the online gambling industry. CEO Charles Gillespie discusses the company as it publishes original content relating to fantasy sports, sportsbooks, and online casinos. He talks about how GAMB has 50 different web portals including Casinos.com, Bookie.com, and Rotowire.com. He then goes over GAMB's earnings which were released on March 23rd. GAMB's 4Q revenue came in at $21.35M and its EPS came in at $0.02. GAMB's North Americ...
Next Two Quarters Are Going To Be Tough For Earnings
March 29, 2023 23:04 - 7 minutes - 81.6 MBExpect the next two quarters to be tough for earnings, notes Eddie Ghabour. He gauges the state of the market. He talks about how Key Advisors are bullish on long-term treasuries, and expects new lows by June, with buying opportunities to follow. He goes over the value of long-term treasuries in a recession environment. He gauges earnings expectations for the next two quarters. He mentions how to determine the timing of new market lows and buying opportunities. Tune in to find out more abo...
MU, LULU Rally & FL Gets Price Slashed
March 29, 2023 21:20 - 3 minutes - 59.1 MBThe Dow Jones, Russell 2000, S&P 500, and Nasdaq-100 ended higher. All eleven S&P 500 sectors closed in the green with real estate and info tech up by the most. Micron technology (MU) shares rallied after releasing its latest quarterly results. Ahead of Lululemon's (LULU) most recent quarterly earnings report, investors had three main concerns: inventory levels, gross margin, and fiscal year guidance. All three surprised to the upside, proving that LULU's clientele kept purchasing. UBS too...
WAL, CMCSA, BXP: Stock Picks During The Banking Crisis
March 29, 2023 21:04 - 8 minutes - 74.1 MBThe most recent news on the banking crises are benign, notes David G. Dietze. He tracks the market's response to bank failures, highlighting Western Alliance Bancorp (WAL). He talks about how the health in semiconductors bodes well for the economy, stocks, and sentiment. He mentions that iShares MSCI EAFE ETF outpacing the S& 500 is statistically significant. He then goes over the outlook for the Federal Reserve. He talks about his stock picks which include Western Alliance Bancorp (WAL), ...
Micron (MU) Betting Big On AI After Earnings Miss
March 29, 2023 21:02 - 5 minutes - 61.7 MBMicron (MU) earnings were released yesterday, March 28th. Alex Coffey and Jenny Horne discuss MU as shares rise despite an earnings miss. MU's EPS came in at -$1.91 and revenue came in at $3.69B. They talk about how MU is betting big on AI, and plan to increase layoffs to 15% of headcount. Alex then demonstrates an example trade using MU. The trade type is buy a call calendar and the direction is bullish. Tune in to find out more about the stock market today.
Rivian (RIVN) Exceeds Expectations
March 29, 2023 20:59 - 4 minutes - 58.5 MBNeedham reiterates a buy rating a $26 price target on Rivian (RIVN), George Tsilis discusses this as RIVN's 1Q23 deliveries exceeded consensus. He also talks about how RIVN's registrations exceeded expectations. He ten demonstrates an example trade using RIVN. The trade type is a cash secured put and the direction is bullish. Tune in to find out more about the stock market today.
IWM, SLV, QQQ: Technical Trends & How To Trade
March 29, 2023 20:57 - 14 minutes - 179 MBiShares Russell 2000 ETF (IWM), iShares Silver Trust (SLV), and Invesco QQQ ETF (QQQ) are today's big three ETFs. Don Kaufman and Ben Lichtenstein discuss how to trade, as well as the technical trends of these stocks. Don also demonstrates example trades using IWM, SLV, and QQQ. Tune in to find out more about the stock market today.
Lucid (LCID) Plans For An 18% Workforce Reduction
March 29, 2023 20:53 - 4 minutes - 49.3 MBLucid (LCID), today, confirms plans for an 18% workforce reduction. Caroline Woods discusses this and the Morgan Stanley analyst note. The analyst mentions that LCID job cuts are in line with goals for efficiency and cost cutting. They go over how Morgan Stanley believes the company has an attractive suite of technologies, and LCID could be "a relevant player in the fast growing E.V. business" with the right cost management. Morgan Stanley estimates that JCID job cuts would save over $100M...
Lucid (LCID) Plans For An 18% Workforce Reduction
March 29, 2023 20:53 - 4 minutes - 49.3 MBLucid (LCID), today, confirms plans for an 18% workforce reduction. Caroline Woods discusses this and the Morgan Stanley analyst note. The analyst mentions that LCID job cuts are in line with goals for efficiency and cost cutting. They go over how Morgan Stanley believes the company has an attractive suite of technologies, and LCID could be "a relevant player in the fast growing E.V. business" with the right cost management. Morgan Stanley estimates that JCID job cuts would save over $100M...
Multifamily Housing Starts Are Still Too Strong
March 29, 2023 20:51 - 8 minutes - 104 MBMultifamily starts are still too strong, notes Brad Dillman. He discusses housing, noting that new home sales are in a pre-Covid band, which seems reasonable. He predicts that more homes are coming to the market and current rent growth is projecting a relatively weak year at 2%. He then goes over what to watch for in the housing market. Tune in to find out more about the stock market today.
Gaming Stocks Strong In 2023
March 28, 2023 20:26 - 9 minutes - 112 MBThe consumer remains strong in the gaming sector. Is March the most important month for the industry? Chad Beyon says that he is positive on the gaming stocks at large, particularly the digital sports betting names. Next, he likes Las Vegas and then, Macao. DraftKings (DKNG) stock has a $27 price target with Macquarie. Las Vegas will have record volumes in attendance.
Banking Crisis Aftermath & Possible Earnings Recession
March 28, 2023 19:09 - 8 minutes - 98.5 MBIs the banking crisis truly over? There is still a lot of fear, uncertainty, and doubt left in the markets. David Stryzewski says that the cost of capital has changed the U.S. economy. Lending requirements are getting tighter and there is over $3T in debt that needs to be renegotiated in 2023 through corporations. This is concerning as there were many IPOs and venture capital money that were going into SPACs. Could there be an earnings recession in the next few months?
U.S. Dollar Trading Sideways, Waiting For Fed Info
March 28, 2023 17:19 - 9 minutes - 83 MBIs the U.S. Dollar price waiting for more information from the Federal Reserve? Wayne Kaufman weighs in on interest rates and the sigh of relief in the markets. The major indices are up in the last two weeks even with the negative banking crisis news. Kaufman says that a 25BPS interest rate hike seems most likely, but wishes that the Fed speakers would be quiet.
Banking Crisis Localized Only In The U.S.
March 28, 2023 16:48 - 11 minutes - 111 MBIs there a low velocity and low correlation happening in the markets? Silicon Valley Bank and Credit Suisse problems arose recently. Michael Purves weighs in on the U.S. Dollar relief rally amid the regional bank crisis. Does that speak to a global risk-off condition? Purves says that the markets are nuanced in the U.S. and are not translating over to global markets like China.