The Exchange

A CNBC rapid survey showing that economists are feeling positively about third quarter growth, so what should investors do? One top strategist tells us why it’s a bond picker’s market. And WeWork founder Adam Neumann is suing SoftBank for reneging on a multi-billion dollar lifeline. The details on how a relationship went sour and the battle between the personalities behind the two companies. Plus,...

One of our guests correctly called the March bottom and the rebound in energy stocks. Now he says this market rally may be over. He joins us to make his case. Plus, as states begin to reopen, some workers are facing a difficult choice between their health and their livelihood. We have the details. And, Columbus, Ohio has been hit particularly hard financially by the pandemic. The city’s mayor join...

Stocks selling off after a historic month of April. Do investors simply have a hangover or is there real fear that the “new normal” as parts of America reopen is going to be really slow and take a really long time? We’ll take a closer look. Plus, text the store, wait in your car. That’s the new normal at one Detroit mall reopening with curbside pickup today. We’ll talk to the owner of that mall ab...

The Fed is expanding its Main Street lending program to include more businesses and types of loans. But are the Treasury and the Fed taking enough risk to help the economy, and are we seeing that they may not be on the same page? We’ll take a closer look. Plus, as Apple goes, so goes the market. It sounds like an exaggeration but we’ll show you why it might not be. And, we’ll talk to a CEO whose c...

With the Dow climbing 500 points today, the market rally has started to broaden out beyond the FANG stocks… can investors trust this positive momentum? Two strategists weigh in. And with just minutes before the Fed’s interest rate decision, we take a look at why the problems with the Small Business Administration’s PPP lending system could vindicate the Fed for taking its time executing its stimul...

Consumer confidence tanked in April, posting it’s second biggest drop ever. The CEO of The Conference Board tells us what steps need to be taken to revive the economy—and why things could be looking up. R5 Capital’s Scott Mushkin is the only analyst on the Street with a ‘sell’ rating on Amazon…what’s got him bearish about the tech giant. And Northwestern University was given $8.5m in federal aid f...

The S&P is now just 15 percent beneath its all-time high and 30 percent from the lows a month ago despite a pandemic that’s cost 26 million jobs. So is the stock market being too optimistic? We take a closer look at the disconnect between Wall Street and the real economy. Plus, after the disease come the debt. The U.S. is heading for a nearly 4 Trillion dollar deficit this year. How can things get...

Many investors are writing off this earnings season due to the coronavirus but Mohamed El-Erian of Allianz says it’s very important. Who’s right? We debate. Plus, antibody tests are considered key to reopening economies but they are raising alarms. We speak to one expert who says it’s the wild, wild west out there. And, when workers finally return to work, the offices they return to, will likely l...

Stat News reporting that the WHO posted the results of a drug trial in China that revealed Gilead’s remdesivir, an antiviral it had hoped could treat COVID-19, was ineffective. The news sent shares sinking…we talk to the reporter behind the story. And oil clawing its way back after its historic collapse earlier this week, the CEO of a tanker company joins with why that drop is a boon for his compa...

Stocks are rallying for the first time in three days thanks to a reversal higher in oil, earnings, and the Senate passing another massive relief package. But is it enough to keep these markets afloat? We debate. Plus, many companies will have to dramatically change the way they do business when economies reopen. One of our next guests advises companies on how to do just that after a crisis. She te...

The oil selloff continues and one of our guests says the worst it yet to come with -$100 per barrel a real possibility next month. We look at what that would do to an already battered energy industry. Plus, the crude collapse weighing on stocks today but it’s not all bad news. We look at some of the opportunities in the markets. And, they are some of the most critical workers needed right now but...

The May oil contract collapses, sending U.S. crude prices on track for their worst day ever. We explore what it means for the broader energy market, and the millions of workers who depend on the sector for their livelihoods. Plus, many retailers were already struggling BEFORE the COVID-19 crisis. But with even more bankruptcies on the horizon, what might the retail landscape look like after the lo...

Stocks are rallying today on hopes that Gilead’s Coronavirus treatment could be working. We have the details and whether investors can trust this rally. Plus, President Trump wants states to step up their testing but access to tests is still uneven. We have the latest from Washington and where things stand on the testing front across the country. And, more and more people are turning to technology...

Stocks mostly slipping today as investors digest another day of awful headlines. Should we brace ourselves for another move lower? We’ll ask the experts. Plus, Billionaire Barry Diller says everyone should get a bailout but the government doesn’t agree. A look at why some of the big retailers can’t participate. And the CEO of Vista Bank says the night of April third was one of the most momentous i...

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...