Stocks Sink, Jobs Jolt & Delta's CEO On Travel Demand 1/5/23

Stocks pulling back after the latest weekly jobless claims report came in stronger than expected, raising new concerns the Federal Reserve will continue to raise interest rates. Evercore ISI's Julian Emanuel lays out the case for why the S&P 500 could end 2023 higher despite recession and interest rate fears. Delta Air Lines CEO Ed Bastian discuss the outlook for leisure and business travel demand and why the carrier is now offering free in-flight WiFi. Strategas' Chris Verrone explains why he thinks investors should sell Apple and Microsoft shares during any rallies. And Bernstein's Stacy Rasgon says chip stocks are at or nearing a bottom. He reveals his top semiconductor picks. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.