Nightly Business Report

We’re just an hour away from the latest Fed decision on interest rates, and markets are expecting a half-point hike. But will it seal the deal on a recession? Or will the FOMC hand us a dovish surprise? We’ll explore all that’s at stake, and what it means for you & your money.

The Dow was flying high after today’s cooler-than-expected CPI report first came out. But it’s now turned negative, giving up a more than 700 point gain. With the next Fed decision in just 24 hours, what does it say that we can’t hold this rally up? We’ll explore, and explain what it all means for you and your money.

If the economy does head into a recession, it will be unlike many we’ve seen before in one important way: the Fed can’t come to the rescue like it usually does. We’ll look at why, and what it could mean for markets. Plus, the housing market is getting a bit of a reprieve, as mortgage rates pull back from their highs. So why aren’t more buyers ready to jump in? We’ll explore. And, Sam Bankman-Fried is set to testify before Congress tomorrow, as investors flee the crypto space. The CEO of Strike will join us with what he thinks investors are getting wrong here.

Stocks have turned higher on the day, but are still lower for the week. And the Fed’s next decision on rate hikes is just a few days away. Can they still engineer a soft landing? Or is a recession unavoidable? We’ll debate. Plus, it’s “game on” for Microsoft in its battle against the FTC. We’ll explain what the government’s tougher stance means for the future of M&A. And, we’re continuing to look at other ways to invest, turn a profit and maybe have some fun too. Today we’re focusing on wine & whiskey, and you won’t want to miss it!

There’s been a spectacular collapse in oil prices this year, as crude hovers just over $72 per barrel after a 10% drop in the past week. Gas prices are also plunging, heading below $3 per gallon across the country. And yet the Energy sector is still up 50% this year. Is it time to bail? We’ll debate. Plus, the plunge in fuel prices has been another headwind for shares of Tesla, which is down more than 50% this year. Do the charts suggest it’s about to take off again? We’ll check.And, there’s some key earnings on tap, with Costco, RH & Lululemon all out with results after the bell. We’ll give you the action, the story and the trade on each in Earnings Exchange.

Better news on inflation has yields down and stocks up. Jefferies’ David Zervos says the worst is now over, and the Fed’s credibility also remains intact. He’ll join us in studio to make his case. Plus, Academy Sports + Outdoors is up double digits after earnings today. The company’s expansion plans are also in full swing, despite recession fears. The CEO will join us to explain what’s working. And, Amazon is the only mega cap stock that’s negative over the past month, and it’s lost half of its value this year. Is this an opportunity to buy in? We’ll have a bull vs. bear debate.

Stocks are lower again today, as key yield curves keep getting more deeply inverted. J.P. Morgan CEO Jamie Dimon says we’ve never lived through a time like this. So how should you invest? We’ll ask an expert. Plus, the housing market is rapidly slowing, and the CEO of Equifax says we’re already in a mortgage recession. We’ll dive into the data, and explain just how quickly things have changed. And, the Georgia Senate Runoff is officially underway. The race is close, and the result is critical. We’ll explain why a 51-49 Senate is much different for business than a 50-50 split.

Stocks are falling again today, on fears that Fed tightening will lead to a recession. But could they still engineer a ‘soft landing?’ We’ll hear from someone who says ‘yes’ – if they stop raising rates right now. Plus, OPEC isn’t increasing oil production, as the price cap on Russian oil is set to go into effect. Will it make the U.S. an even bigger player in the global energy market? We’ll explore. And, our technician will reveal the one stock chart he says looks good right now – almost TOO good. He’ll explain why, and where he’s investing now.

The November jobs report came in hotter-than-expected, and stocks don’t seem to like it. Are we back to “good news” being “bad news” for markets? We’ll debate. Plus, farmland is slowly becoming a hot asset class and inflation hedge. We’ll explain what makes it attractive to investors, and how you can add it to your portfolio. And, we’re at a very critical point for the energy market, with some important events on deck. We’ll look at the week ahead and how it could all play out.

Markets are lower once again today, as investors debate the path of the economy ahead of tomorrow’s jobs report. We’ll get a preview of the numbers. Plus, we’ll speak with one investor who says no matter what happens with the economy, you should “always bet on growth.” And, if the economy has you concerned about stocks, maybe consider investing in handbags & sneakers. We’ll look at that market as part of our ‘Alternate Investment’ series.

Stocks have been living in fear of Jerome Powell this week, as the Fed Chair is set to speak at the Brookings Institution. Wall Street is waiting to hear if he might say the markets have gotten ahead of themselves in looking for an end or slowdown of interest rate hikes. We’ll explain what it all means for you and your money as we lead up to his live remarks today.

Stocks are struggling to bounce back following yesterday’s big selloff. There are a lot of worries still hanging over the market, including China’s “Covid chaos.” We’ll get a live report from Beijing. Plus, Fed Chair Jerome Powell is also looming large over markets, with a big speech planned for tomorrow. Bond yields are way down since the last FOMC meeting. Is Powell about to remind the markets about “higher for longer” too? We’ll explore. And, there’s one more threat hanging over the economy: a looming rail strike. President Biden is pushing Congress to end it, but if it drags on, is there an opportunity to buy the trucking stocks? We’ll ask an expert for his advice.

With protests erupting across China over Covid lockdowns, we look at the impact on the global economy and what it means for Xi’s leadership. Worried that the Santa Claus Rally won’t show up this year? One stock-picker tells us why old, big tech is the way to go if you’re looking for protection. And energy is the best performing sector this year, but one technician still sees room to run in the refiners and brings us the names he says are going higher.

Stocks are muted today ahead of the latest Fed minutes. But are we about to see a period of real strength in the markets? We’ll speak with an expert who says ‘yes,’ and has 3 names to buy now. Plus, Mastercard’s Global Chief Economist joins us with the trends he’s seeing as we head into the holiday shopping season, including a big comeback for department stores. And, Bob Iger’s return to Disney came as a big surprise, but one theory suggests his next move could be even more shocking. We’ll bring you the latest details.

Stocks are rising today, one year to the day from the Nasdaq’s all-time high. What’s next for the averages as we near the year-end? We’ll explore. Plus, a shortage of the world’s most critical fuel is sending tanks nearly empty and prices higher. We’ll hear from an expert who expects a $100 billion hit to the economy. And, as the crypto universe seemingly crumbles around it, will Coinbase survive…or even thrive? We’ll have a Bull vs. Bear debate on the stock.

It’s the busiest travel week of the year in the US and Frontier Airlines CEO Barry Biffle gives us his demand expectations and a warning for those still waiting to buy a holiday ticket. Oil prices swing wildly after the Saudis deny reports that OPEC+ will announce production increases. We make sense of the crude confusion with Amena Bakr of Energy Intelligence. Plus, Stifel CEO Ron Kruszewski has an idea for the SEC about regulating crypto…and the rule is already on the books.

Listen to the day's top stories, the must reads & a whole lot more for today's modern investor.

The American rail system could be thrown into disarray as soon as December 5, just in time for the busy holiday shipping season. The CEO of the American Association of Railroads tells us why he’s confident a deal will get done before that strike deadline. Zillow Co-Founder Spencer Rascoff on where he expects home prices to fall the most and why there’s a silver lining in today’s market versus 2007’s. And from rising food costs to changing consumer behaviro, the CEO of Dickey’s Barbecue Restaurants gives us a peek at the back of the house. Plus, the one semi stock you need to own right now.

Muddy Waters founder and famed short-seller Carson Block joins The Exchange exclusively with his newest short position. He also shares his outlook for the crypto industry amid the FTX fallout. Plus, if you’re among the many investors dealing with losses in crypto, we’ve got some strategies on how to minimize your tax bill. And, Deutsche Bank says the “future is bright” for the solar group. The analyst behind that call joins us with her top picks in the space.

Stocks popping on a cooler-than-expected PPI number, but one strategist says much like the reaction to CPI data, the markets are reacting too wildly. He tells us why and where he’s putting money to work. A double upgrade for Netflix from Bank of America’s new analyst…what’s got her so excited about the new ad tier. And Walmart crushed its third quarter, will TJX and Target follow suit? We’ve got the action, the story and the trade on both ahead of their reports.