The Exchange

Stocks sell off after a swath of terrible economic news from retail sales to manufacturing. Is it time to hit the pause button on this rally? We debate. Plus, some of the biggest tech names have been big leaders this month. We’ll tell you which ones and whether the run can continue. And, how did every single resident on wealthy Fisher Island and their staff get an antibody test when many doctors a...

Stocks are rallying but the latest Bank of America Global Fund Manager Survey is showing extreme pessimism. A look at why and whether you should be concerned. Plus, as the debate over reopening state economies continues, we look at when and how it could happen. And, with 3.5 million students preparing to graduate from universities around the country, we look at the heartbreaking challenges many of...

Stocks sell of as investors weigh virus concerns, the OPEC+ Pact and earnings ahead. We look at the good, the bad and the ugly and what it means for your money. Plus, it’s about to get harder to get a mortgage. We tell you why and what it means for the overall housing market. And, Apple and Google team up to track the virus. We look at how it would work and why not everyone is excited about the co...

Stocks rally as the Fed unleashes $2.3 trillion more to support the economy. There are some important new details on who’s getting help. We’ll break it down. Plus, Bill Gates says the economy won’t magically go back to “normal” when people return to work. A look at the challenges he sees ahead. And, unprecedented cuts in the oil market are necessary to bring stability to prices. Will we get them?...

Stocks rally as the government sounds slightly more optimistic on the spread of the virus, congress says more stimulus may be ahead, and some election uncertainty gets removed with Bernie Sanders suspending his campaign. So could the market be setting up for a bottom? We take a look. Plus, Treasury Secretary Steven Mnuchin says “the money will be there” as demand for loans explodes. The CEO of Pay...

Stocks rally for a second day but is it just a relief rally or the start of sustained gains? We debate. Plus, the fallout from the pandemic is impacting states in different ways. Some are turning to tech for help, and some are turning to each other. We’ll tell you what they’re doing and whether it’s working. And start-ups have not been immune to layoffs as companies look to rein in spending. We lo...

Stocks rallying on hopes that the coronavirus may start to level off soon but efforts to flatten the curve are taking a toll on the economy. We look at where we are and what we can expect from here for the economy and the markets. Plus, Larry Kudlow calls the small biz loan program a “monumental undertaking”, as application volume soars. We look at what the process has been like for small business...

The record-setting pace of jobs growth coming to an end today with more than seven hundred thousand jobs lost in March but today’s report doesn’t really capture the crisis yet. We look at what we can expect from here. Plus, today is the first day small businesses can request cheap government loans to get through the Coronavirus crisis but not everyone is able to get up and running today. We have t...

New unemployment claims doubled to 6.6 million from last week's record-setting 3.3 million. We’ll explain what that means for workers and our economy. And, markets erased early losses on the back of a huge surge for crude oil. What does it mean as big energy CEOs head to the White House tomorrow? We’ll ask. Plus, Moderna is leading the way in the race for a COVID-19 vaccine. We’ll talk to its Chai...

A new month, a new quarter but the same volatile markets. One of our guests says there are opportunities popping up however that shouldn’t be ignored. He tells us where they are. Plus, one biotech investor’s bold idea to fix the Coronavirus testing crisis. And, borrowers are flooding servicers with forbearance requests and New York is asking for a rent freeze. We look at the new housing reality. H...

The Dow is set to close out its worst first quarter ever. What can investors expect as we head into Q2 and beyond? We’ll ask. A number of firms are slashing their second quarter GDP forecasts even further. We ask J.P. Morgan’s Chief Economist why he just dropped his estimate by an extra 11%, and what it means. Plus, new data from Kinsa shows that fevers – a leading indicator of COVID-19 infections...

New data from the Federal Reserve suggests the coronavirus could lead to nearly 50 million job losses and an unemployment rate of 32%. We look at the potential fallout for the markets and the economy.  Oil drops below $20 a barrel overnight. This as world demand is forecasted to plunge 20% from last year. Are bankruptcies inevitable at this point? We’ll ask. Plus, shares of Johnson & Johnson highe...

The House passes the $2 trillion relief package. We look at what’s in it for small businesses…who’s eligible, how much they would get, and the kinds of strings attached. Plus, Vice President Pence says market fundamentals are strong but are they strong enough to get us bouncing back? We debate. And…the college admission process has been turned on its head as students are forced off campus, sports...

Jobless claims jump nearly fivefold from the record set in 1982, and Fed Chair Jay Powell says “The Fed is not out of ammunition.” We look at what that all means for the markets and the economy. Plus, a new test is making its way to the U.S. that can not only detect Covid-19 but also 20 other infections with similar symptoms. The CEO of the company that makes it joins us next. And, more and more r...

Stocks are taking off as a historic stimulus bill gets closer to being the law of the land. We have the latest on where things stand and what’s actually in the bill. Plus, the real estate market is showing cracks already and the new stimulus bill could turn the residential mortgage market upside down. We’ll tell you why. And, from chocolate to cheese to fries… some bullish sentiment on Wall Street...

A massive rally on Wall Street on hopes for a stimulus plan but can this rally be trusted? We look at where you can find safety in the markets amid the volatility. Plus, Morgan Stanley sees a 30% drop in second quarter GDP. The Bank’s Chief U.S. economist tells us why and what else we should be bracing for. And, social distancing is taking a toll on the housing market with thousands of refis and h...

Larry Kudlow says the government will do whatever it takes to keep the economy going. What he’s suggesting and why he says you should stay in the market. Plus, one oil veteran says he wouldn’t be surprised to see crude oil go negative. Is he right? We debate. And, some analysts are seeing buying opportunities in the wake of the market plunge. We’ll tell what stocks they are bullish on. Hosted by S...

The economic outlook gets weaker – just how low will we go? Will part three of Washington’s coronavirus bill stand a chance? A deep dive into the downturn in small caps with the Jefferies lead portfolio manager. Senator Kelly Loeffler of Georgia defends the stock sales that’s drawing all the wrong kind of attention. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information abou...

JPMorgan forecasting a big recession ahead. We’ll talk to the bank’s chief economist about just how bad he thinks it’s going to get. Plus, Oil rebounding today after plunging to its lowest level since 2002. We look at where the price of oil could go from here. And, American Airlines CEO Doug Parker says this is the worst crisis he’s ever seen and a federal aid package will only go so far. We have...

Legendary investor Bill Miller says there have been 4 great stock market buying opportunities in his lifetime. This is the 5th one, and he tells us what areas of the market look particularly attractive right now. Plus, Boeing is on pace for its worst month ever and asking for $60 Billion in federal aid. We have the latest and what it all means for Boeing’s future. And, Casinos lower again after th...

Another whipsaw day for Wall Street with the Dow soaring as the Fed and the White House step in to calm investors. Is it enough to keep the economy going and spark a turnaround for the markets? We discuss. Plus, “it will get worse”, that’s what one of our guests is saying about the retailers. From the stocks best and worst positioned to the retail credit crunch, we’ll have more on the fallout for...

Stocks sinking again as action from central banks around the world fails to re-establish investor confidence. So did the Fed not do enough or was it not the right kind of help? We debate. Major retailers are closing stores and reducing hours, putting more pressure on an already stressed sector. We look at who’s shutting down and who could end up shutting down for good. Plus, Netflix may not be as...

Stocks rallying after central banks around the world injected liquidity into the financial systems, is this the boost markets need to stabilize? We discuss. A former IMF official lays out his plans to boost the economy. And homebuilding stocks fall as rates go lower, but that’s not the only risk to the housing. Coronavirus has already impacted the market…we get a read across the country. Hosted by...

The Fed announcing a bond buying program as the scramble for cash intensifies and liquidity concerns throw global bond markets into turmoil. We look at the Fed’s big move and the impact it could have on the markets. Plus, airline stocks getting crushed following the President’s European travel ban. We speak to a guest who says the pandemic could serve as a liquidity stress test for the sector. And...

More confusion and mixed messages from Washington on whether Coronavirus relief is coming. We look at the various proposals being floated and what kind of difference they would actually make. Plus, bank executives are being called to the White House but what does the administration hope to get out of the meeting? And with oil sharply lower, worries about bankruptcies in the oil patch continue. We...