The Exchange

A big drop in bond yields after the 10-year started the day back above 5%, but the recent climb led our portfolio manger to say bonds can achieve equity-like returns over the next 18 months. She’ll tell us where she’s seeing opportunities now. Plus, one economist is sounding the alarm that government spending could overwhelm the Fed’s inflation fight. And the co-CEO of Morgan Stanley’s real estate...

Kelly discusses trouble brewing in the banking system. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The yield on the 10-year note hit 5% for the first time in 16 years, a five-star fund manager gives us his duration timeline.  Why consumer is even stronger than you may think, and the hidden tax break for homeowners.  Plus, Philly Fed President Patrick Harker has a very specific reason for keeping rates where they are.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information...

Kelly explains why the Fed has obligations beyond its "dual mandate.” Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Listen to the day's top stories, the must reads & a whole lot more for today's modern investor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The House divided. Jim Jordan comes up short in his second vote to secure the Speaker gavel. A top Republican strategist tells us how this should really be resolved. Plus, President Biden visits Israel. He’s pledging an "unprecedented" support package for the country...even as Congress remains leaderless. And have you seen what's happening with bond yields?  It's a major headache for banks – and t...

Better than expected economic data is pushing yields back toward their recent highs. We’ll ask our strategist how he’s adjusting his portfolio. Plus, homebuilder sentiment sliding to 10-month lows, but our analyst is staying positive ahead of next week’s earnings and tells us why. And salaries could be higher for longer – keeping the Fed in that mode as well.  Hosted by Simplecast, an AdsWizz comp...

Is inflation blinding investors to a potential fiscal crisis? We have two heavyweights on the controversial topic. Plus, bitcoin crossing above $30,000 for the first time in months. We’ll ask former CFTC Chairman Tim Massan about the path forward for regulation. And the second half of big bank earnings are on deck tomorrow. We have the action the story and the trade on two big names, plus Johnson...

Stocks are struggling, and gold is rallying as investors seek safety. Plus, oil climbing as the U.S. tightens sanctions against Russia. And mortgage rates are near 23-year highs, leading one former Obama official to suggest the government step in and curb the run in rates. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data fo...

Listen to the day's top stories, the must reads & a whole lot more for today's modern investor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

We’re breaking down the geopolitical fallout from the Israel-Hamas war ahead of President Biden’s speech. Plus, could the 10-year yield be headed to 4% as the “earnings recession” is about to end? We’ll debate. And what are the consequences of a House of Representatives with no Speaker? AEI’s James Pethokoukis joins us to dig into that. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com...

Stocks stage a reversal this hour as Israel’s conflict with Hamas enters its third day. We’ll look at what the unrest means for the region and for energy prices. Plus, activist investor Nelson Peltz is reigniting his proxy fight with Disney. And one analyst says investors should “close their eyes and buy” some utility stocks. She’ll join us with her top picks. Hosted by Simplecast, an AdsWizz comp...

Stocks are staging a big reversal since this morning’s jobs report. We’ll look at the implication for yields and your money. Plus, mortgage rates are shooting higher, nearing 8 percent. And with earnings season around the corner, one analyst is slashing his estimates and price targets on a number of headwinds. He’ll join us to make his case. Hosted by Simplecast, an AdsWizz company. See pcm.adswiz...

Listen to the day's top stories, the must reads & a whole lot more for today's modern investor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The one weapon the Fed has to pull off a soft landing could be backfiring. Companies with a ton of debt could be dead on arrival in this new high-interest-rate environment. And Chartmaster Carter Worth joins us to chime in on the Dollar as it hits an 11-month high. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advert...

Two big legal cases concerning the fate of FTX founder Sam Bankman-Fried and the CFPB. We’ve got the latest developments on each. Plus, is Microsoft’s new $9B AI tool worth the hype? And the weight-loss drug boom is having major ripple effects on stocks. We’ll look at one buy and one bail as a result of the craze. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about...

The 10-year yield is hitting its highest level since 2007, and our market guest still sees opportunities in bonds ahead of a recession. Plus, Birkenstock is preparing for its IPO. VC Sam Lessin joins us with what the IPO market means for Silicon Valley and beyond. And a bullish call on a housing name one analyst says is well positioned for a slowdown. Hosted by Simplecast, an AdsWizz company. See...

With the government just two days away from a shutdown, we look at how it could impact everything from economic data to the IPO market.  EV manufacturing one of the issues driving the UAW strike, and it could have big implications not just on the big three, but Tesla too, according to Barclays.  Plus, a key childcare pandemic subsidy also expiring this weekend, which could have a big impact not ju...

The biggest returns against a backdrop of soaring yields and oil prices, according to one 5-star fund manager. Plus, another strike looms over the economy – this time in the health care space. We’ll speak with the union rep about the negotiations and look at the stocks that could be at risk. And on private lender sees “demand destruction” the current environment. He’ll join us from CNBC’s “Deliver...

Value has taken a back seat to growth for the past 15 years, but the tide may be turning—we get the names to buy and hold onto for the long-term.  The Senate Banking Committee passes a key piece of legislation for the cannabis industry.  Plus…is the government shutdown about spending? Border security? The war in Ukraine? Why one policy analyst calls this the “Seinfeld shutdown.” Hosted by Simpleca...

Between rising rates, the UAW strike, and a potential government shutdown, we’ve got every economic pressure point covered for investors. Plus, real estate magnate Don Peebles joins us to weigh in on the health of the housing market and commercial real estate, including the one city where he’s waiting to see a wave of defaults before buying up properties. And Bank of America is slashing their esti...

Kelly opines on the soaring national debt.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Kelly explains why the Fed isn’t to blame for interest rates rising here. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

With just days until a government shutdown, Raymond James’ Ed Mills takes a look at the potential impact on both stocks and bonds.  Nevermind the office space, here’s the hospitality industry. Why hotels could be the next commercial real estate headache.  Plus, Goldman’s Jeff Currie makes the bullish case for copper and oil in his last on-air interview while at the firm.  Hosted by Simplecast, an...