The Exchange

President Trump making waves – and deals – on his first official trip overseas. Saudi Arabia announcing they’ll invest at least $600B in the U.S. with agreements to boost defense and tech ties. So what’s to come on the next leg of the trip? We discuss.    Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks rally after the U.S. and China agree to pause tariffs for 90-days ahead of further trade talks. Chips have their best day since early April, but there are still risks out there, according to Bernstein. Plus, the Trump administration’s plans for the FAA just days after more tech outages at Newark Airport.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about ou...

Markets taking a breather after rallying on yesterday’s UK trade deal. We’ll dive into the concerns that are now cropping up. Plus, Cargurus is warning tariffs could add an average of $2,500 to the cost of a new car. The CEO joins us exclusively. And health care is the worst-performing sector this week, but our trader sees opportunities in the space. Hosted by Simplecast, an AdsWizz company. See p...

In the hour before the Federal Reserve’s decision on interest rates, our panels of economists and investors weigh in on what to expect from Powell and what it means for your money. Plus, Congressmen from both sides of the aisle weigh in on the budget reconciliation bill.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for...

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.

What Berkshire’s future will look like as Warren Buffett passing the torch to Greg Abel. The four countries one DC strategist says are poised for a trade deal with the US. Plus, the AI hiring vibe shift is underway.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The labor market stronger than expected in April, but can the momentum last? Epic Games CEO Tim Sweeney takes a victory lap in his battle against Apple. Plus, your artificial Christmas tree could cost $3,000 this year.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

More signs of labor market weakness ahead of the April jobs report. Tesla reiterating its confidence in Elon Musk. Plus, a federal judge says an Apple executive “outright lied” about fees.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Today’s negative GDP print casting a shadow over President Trump’s first 100 days. We have the headlines from his cabinet meeting. Plus, the busiest week of earnings season rolls on with Microsoft and Meta on deck to report after the bell today. And XPO’s CEO joins us to weigh in on the tariff turmoil and its impact on the transport sector. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz...

The President is expected to sign an executive order providing some tariff relief for autos, but is it enough? We look at what is changing and how to position in the auto trade from here. Plus, the White House is blasting Amazon over reportedly planning to show tariff costs on products. Amazon shooting down that report...sort of. We have the details and whether it signals an emerging rift. And Com...

Are the warnings about empty shelves in a few weeks due to tariffs overblown? VC Bradley Tusk makes the case for keeping AI open and accessible across borders. Plus, the bullish case for Spotify ahead of earnings.  Hosted by Simplecast, an AdsWizz company. See 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 messaging on trade talks is very different in Washington versus Beijing. We have the latest and look at how to position amid all the trade turmoil.  Plus, we got another ugly report on housing, and one data point that was rather unusual. We'll tell you what it is and what it means for the housing market from here.  And, our analyst sees a period of below-target growth for two big food names, b...

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.

Treasury Secretary Bessent saying the current standoff between China and the U.S. is unsustainable, giving investors hope President Trump might back down from his hardline stance on trade. Our strategists have two names they say can ride out the current volatility. Plus, Google’s Search remedies trial is taking a turn for the AI. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for in...

President Trump going after Jay  Powell yet again, calling the Fed Chair a “major loser” and urging him to cut interest. Plus, Wolfe upgrading two entertainment stocks—one on valuation, one on domination. We have the names and the bullish case.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Jay Powell’s “termination cannot come fast enough,” according to President Trump. But can the President remove a Fed Chair? And if so, what would that mean for the economy, the markets, and your money? We discuss. Plus, chip stocks unable to shake-off concerns about tariffs and stricter export controls. Our trader tells us this weakness was a much-needed revaluation – and an opportunity. He joins...

Another beat for the big banks. Both Citi and Bank of America reporting better than expected results. We dive into the commentary coming out of both C-suites. Plus, both tech and autos getting some tariff relief recently, but President Trump has got his eyes on two new targets: semis and pharma. We speak with one CEO who’s moving drug production from Canada to Barcelona as a result. Hosted by Simp...

As the dollar falls and yields climb, we’re asking if this is the beginning of the end of American exceptionalism. Former Treasury Secretary Janet Yelling telling CNBC President Trump’s trade policies are “completely chaotic” after the administration exempted some tech from the newest round of tariffs over the weekend, but then promised there would be different levies on the way. We look at the po...

The bond market is not backing down, but consumer sentiment is near historic lows. We’ll wrap up the latest data and look at how investors should position. Plus, BNY is reaffirming its full-year guidance despite all the uncertainty in the market. The CEO joins us with his take on rates, the consumer, and more. And retail is caught in the middle of President Trump’s tariff fight. We go inside one L...

A strong 10-year Treasury auction pushing stocks higher at the top of the hour, but it was President Trump’s 90 day pause of some tariffs that sent stocks soaring. We have the story as it breaks, including Treasury Secretary Bessent’s news conference, and instant reaction from strategists and traders as the Dow posts its biggest rally in five years.  Hosted by Simplecast, an AdsWizz company. See p...

Stocks lose steam as Trump team sticks by tariffs and a weak bond auction pushes yields higher. Plus, why Needham’s Laura Martin says things are going to get worse for one of tech’s biggest companies.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

It’s been a wild day of swings in the market. From the Dow being down 1,700 points at the low, to up nearly 900 points at the high, we make sense of one of Wall Street’s most volatile sessions ever  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

JPMorgan’s Chief Economist tells us why he upped his U.S recession risk to 60%. President Trump posting he’ll extend the TikTok sale deadline by 75 days—we have instant reaction from the CEO of AppLovin, one of the companies bidding to buy the social media service. Plus, the software name that could be a stealth tariff winner.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for info...

Stocks and yields both sinking after President Trump announced sweeping new tariffs. We dig into how we got here, what it means for Americans’ wallets, and the names best- and worst-positioned names.   Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.