The Exchange

Pfizer’s COVID-19 vaccinations are underway in the UK, while the FDA is expected to give U.S. approval this week. We’ll break down this monumental rollout.   Plus, Apple says its new fitness subscription service will launch next week, and unveils the new $549 Airpods Max. We’ll discuss Apple’s ‘flex’ in Rapid Fire. And, Goldman Sachs raises its GDP outlook, as JPMorgan says any market correction i...

Airbnb & Doordash are leading an IPO rush as the end of the year fast approaches. But are IPOs better bets than shiny new SPACS? We’ll debate. And, one widely followed economist says don’t be fooled by Gold’s recent weakness, because Janet Yellen is as bullish as it gets for the yellow metal. Plus, in today’s Rapid Fire: Intel can’t catch a break, a Wall Street “Lyft” and Bob Dylan is set to join...

As stocks hit a record high here in the US, one strategist says international stocks could also be poised to take off. And today is the deadline for states to submit their plans for the first round of Covid vaccines, we talk to a grocery store executive about how they are preparing for their arrival. Plus, in today’s Rapid Fire: Petco is going public…again, AMC’s plea to shareholders and there’s a...

Senate Majority Leader Mitch McConnell says a new stimulus deal is “within reach” – and President Trump agrees. We’ll speak with one of the senators leading the jobless benefits push in Washington. Plus, the averages are rallying today, but Lands’ End isn’t along for the ride. We’ll talk to the CEO about why warmer weather could be a big problem in Q4. And, if you bought Bitcoin and want to take s...

November saw a huge market leadership change, as Energy & Financials broke out along with Silver, Copper and even Bitcoin. But will this pattern continue into the year-end and beyond? Our market experts debate.  Plus, Tesla CEO Elon Musk isn’t mincing words when it comes to telling his employees to keep costs down. We’ll explain why in Rapid Fire. And, traders say vaccine stocks are starting to tr...

The bulls are charging back to kick off December, with the S&P 500 and Nasdaq hitting record highs. Are we setting up for another big month, or did November’s jump steal from the ‘Santa Claus’ rally? We debate. Plus, we speak exclusively with the CEOs of Kohl’s and Sephora Americas about their new retail partnership announced today. And, D.A. Davidson is initiating Doordash as a “buy”, calling it...

Stocks are lower today, but still on pace to close out a monster month of gains and record highs. But is there more to come? We’ll debate. Plus, Gold is getting pummeled just as Bitcoin shoots back up to near all-time highs. We’ll take a look at the tug-of-war between these two investments. And, with holiday shopping in full swing, we’ll explore who could take the retail crown as shoppers shift ou...

The housing market is scorching right now, with low rates and supply sending prices sky-high. But is the market getting too hot? We’ll discuss. Plus, pharma companies are getting ready to ship COVID-19 vaccines. But how will the states distribute them? We’ll ask the governor of Nebraska. And, the President of the Forbes Company explains how he plans to keep shoppers out of his malls this holiday s...

Today marks a huge milestone for the stock market, with the Dow trading above 30,000 for the first time in history. All 11 S&P sectors are higher, and the underperformers of 2020 – Energy & Financials – are leading today’s gains. And it’s all happening against a backdrop of slowing consumer confidence, increased virus-related restrictions and rising COVID-19 cases across the nation. We’ll follow t...

For the third week in a row, investors woke up on a Monday morning to promising results on a COVID-19 vaccine. But the market reaction is getting more and more muted. Is all the positivity already baked in? We’ll debate. Plus, more folks traveling is good news for airlines, but bad news for others as the virus spreads. We’ll bring you the latest details on new restrictions around the nation. And,...

J.P.Morgan says GDP will shrink in Q1, as positive vaccine news isn’t enough to offset the damage done from new lockdowns. Is this a blip, or a double-dip downturn ahead? Our market experts debate. Plus, as more school districts send students back home, the economic strain on them could be felt for years beyond this pandemic. We’ll explain why.  And, the PAC-12 Conference is reportedly losing abou...

Investors are torn between two narratives: a vaccine for the long-term, and shutdowns in the near-term. Now that the CDC is recommending avoiding all Thanksgiving travel, which should investors be focused on? We’ll explore. Plus, Wall Street’s number one retail analyst joins to discuss his three-phase recovery plan for the sector. And, this year’s Super Bowl will be missing something for the first...

A top strategist says a market rotation is ahead; one which will say ‘goodbye’ to Fed dependence and ‘hello’ to growth. We’ll explain why. Plus, Americans are apparently sitting on an estimated $1.3 trillion in extra cash savings amid the pandemic. Chris Senyek of Wolfe Research joins to discuss what that means for the recovery in 2021. And, Gen Z’s disruptive buying powering will surpass Millenni...

Stocks may be down today, but fund managers’ optimism isn’t. According to BofA’s latest Global Fund Manager Survey, they’re more bullish now than they’ve been all year. Is it time for investors to fade the herd, or to follow it? Our market experts debate. Plus, the CEO of Tripadvisor joins to discuss the company’s big bet on rentals, just as rival Airbnb gets ready to go public. And, Tesla is set...

Markets are rallying on more vaccine hopes from Moderna, with the Dow nearly hitting 30,000 for the first time. But will this be another reopening trade headfake like we saw last week? Our market experts debate. Plus, real estate entrepreneur Don Peebles joins to discuss the pandemic impact on the industry, including why he expects permanent damage across the retail & office sectors.  And, payment...

Markets continue to rally in the face of negative virus developments, including cities from New York to Chicago rolling back reopening efforts. We’ll explore the economic ripple effect, and what it could mean for investors. Plus, home prices are on the rise in every corner of the country for the first time in 40 years. But is the housing market getting too hot? We’ll debate. And, lockdowns aren’t...

The markets are setting new records on the same week that COVID-19 cases and hospitalizations are hitting records highs too. How long can this disconnect last? We’ll explore. Plus, the record virus spike is straining medical resources, especially in the South. We’ll get the full picture from the CEO of the one of the biggest hospital systems in Texas. And, a research team at Deutsche Bank is propo...

Tech stocks are turning around today, as the high-flyers are taking off yet again while value names sell off. We’ll take a look at why with our market experts. Plus, the regime in China is taking aim at its own tech giants. We’ll explain what they’re doing, why and the implications for firms here in the U.S. And, dividend-paying stocks usually outperform during times of crisis, but not this year....

Investors are fleeing many of the names that have thrived during the pandemic, and piling into recovery plays instead. Should you fade the move or chase it? We’ll debate. Plus, Apple’s last product event before the big holiday shopping season is underway. We’ll bring you the highlights and the trade in real time. And, Wall Street Journal’s Jerry Seib says the election could end up empowering both...

Positive vaccine news from Pfizer is sending stocks surging, just as the presidential election was called in Joe Biden’s favor. The Dow, S&P and Russell 2000 all hitting record highs, as there now appears to be a light at the end of the tunnel for the pandemic. We’ll bring you all of the latest details, and will try to answer key questions that remain about the vaccine, its availability and its ef...

America is still anxiously awaiting the outcome of the presidential race. Key states like Pennsylvania, Arizona and Georgia are all still in play. We’ll bring you the latest vote counts as they happen. Plus, investors appear to be banking on a divided government in the new year. But would gridlock actually be good for the muni market? We’ll debate. And, legendary investor Bill Miller explains why...

Stocks are surging again today despite no outcome of the presidential election. We’ll bring you the latest calls from swing states like Georgia, Arizona and Pennsylvania, which are all still in play. Plus, markets are on pace for their biggest weekly gain since April, even while the nation sees a record rise in daily Coronavirus cases. We’ll do a deep dive on the rally, and tell you what to expect...

Markets are soaring as votes continue to roll in for the yet-to-be-decided presidential election. We’ll dig into what we know so far, and give you the latest calls from crucial swing states. Plus, our market experts break down what this monster rally should signal to investors.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal d...

It’s a historic day for the country, as millions of Americans vote in an election unlike any other. Stocks are rallying for the second straight session, despite businesses facing a very uncertain future amid the global Coronavirus pandemic. We’ll follow the money, and tell you all you need to know about the polls, the economy and more ahead of tonight’s outcome.  Hosted by Simplecast, an AdsWizz c...

It’s the eve of the election, and a lot is at stake for investors. From tech regulation, to taxes and energy policy, there’s a ton riding on the outcome. We’ll follow everything you need to know – including the record money pouring into campaigns, and all the possible outcomes for stocks in the coming days. Plus, our own Meg Tirrell explains why Regeneron’s promising COVID-19 antibody treatment wo...