The Exchange

Another rollercoaster day for the averages, with stocks unable to hold onto gains following this morning’s jobs report. Our market experts break down where the weakness is, and how investors should react.Plus, nearly 1.4 million jobs were added in August, but the number of people out of work is still down by more than 11 million since the pandemic hit. We discuss the labor market, economic recovery & more with Boston Fed President Eric Rosengren.And, Steve Grasso of Stuart Frankel explains why it might be time for investors to take profits from growth stocks like Apple, and begin to buy into cyclical names.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The red-hot tech sector is cooling off, leading today’s sharp move lower for the averages. Our experts break down why there’s a sudden change in market confidence.Plus, amid today’s rollercoaster market action, we drill down on what’s happening for Tesla, leisure stocks and the restaurant sector.And, Apple is one of the biggest drags on the Dow, on pace for its worst day since mid-March. Is this simply investor profit-taking after completing its stock split, or a sign of trouble ahead? We debate.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Kelly gets ‘technical’, using charts to explain why the S&P and Nasdaq trading sky-high above their 200-day moving averages is signaling the market could be overbought.Plus, with the August jobs report on deck, a new industry report paints an optimistic picture of hiring trends across the country. We break it all down with Recruiter.com CEO Evan Sohn.And, NBA legend Michael Jordan is taking an equity stake in Draft Kings in exchange for becoming a special advisor to the company. We break down this unprecedented deal, and the power of MJ’s brand in Rapid Fire.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

September kicks off with new all-time highs for the S&P and Nasdaq, but there’s still a ‘wall of worry’ awaiting the market. We break down what investors need to watch.Plus, mom & pop stock trading is at its highest level in a decade, powered in part by Coronavirus lockdowns and free apps like Robinhood. We explore how the rise of individual investing is shaping the market right now.And, the Labor Dept. is proposing new rules that could limit ESG investments in 401(k)s, and some of the world’s largest asset managers are pushing back. We discuss the key details.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Space is widely referred to as “the final frontier”…but could it be the final “luxury” frontier too? We speak with an analyst who’s betting that consumer space travel is the next must-have for the rich, and why Virgin Galactic is the way to play it. Plus, McDonald’s has some harsh words for its ousted CEO Steve Easterbrook, amid a lawsuit to recoup some of his compensation. We break down the company’s unusual corporate drama, and what it could mean for other firms in the future. And, snack maker Utz makes its public debut on the NYSE through a special purpose acquisition company (SPAC), following nearly a century as a private family-owned business. We explore the benefits of SPACs for Utz & others in Rapid Fire. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Big layoffs, warnings from food companies, and cautious Fedspeak today…is the economy starting to lose momentum? We’ll explore. Plus, forget Apple and Amazon, if you’re looking for gains, head to the electric vehicle market. We’re talking moves of more than 300%. We look at whether this is sustainable and which stocks are due for a pullback.And, Ulta’s online sales surged 200% in the last quarter. We have a closer look at the products that helped the bottom line and whether the trend will continue to be a thing of beauty.   Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Federal Reserve says its shifting its policy around inflation, which could have long-lasting effects on our economy. We break down this historic move with Dallas Fed President Robert Kaplan.Plus, Walmart is teaming with Microsoft in the battle for TikTok, on the same day the embattled social media firm’s CEO quit after less than three months on the job. We explore all of the TikTok drama in Rapid Fire.And, a historic moment for sports, as NBA players walked out of games in protest of the shooting of Jacob Blake. We discuss the path forward for pro sports amid social unrest. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks hit new highs today ahead of a key speech from Fed Chair Jerome Powell tomorrow. Will Powell’s remarks be as “profoundly consequential” as strategists are predicting? Our market experts debate.Plus, we get ‘technical’ with Stephen Suttmeier of BofA Securities, who sees four stock charts suggesting a potential breakout ahead.And, as we celebrate Women’s Equality Day, the future for working women is murky as family obligations increase amid the COVID-19 pandemic. We’ll talk with a economist who says this potential career crisis could set economic equity for women back decades. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Market volatility has led to a major shakeup for ETFs this year, with nearly 200 shut down so far in 2020 – the typical amount for a full year. What does the future hold for passive investments? We’ll explore.Plus, the stay-at-home trend has fueled a flurry of cloud & software IPOs. Is this a fleeting moment for the sector, or tech’s time to shine? We discuss in Rapid Fire.And, housing has been a lynchpin of the economic recovery, with July sales soaring nearly 14%. But with home prices near record highs, is the real estate market running TOO hot? We’ll debate. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Apple shares hit new all-time highs ahead of its upcoming stock split, while Microsoft joins the chorus of companies speaking out against its App Store policies. We break down what the split could mean for weighting in the Dow, and whether Apple’s road to $3 trillion just got trickier.Plus, a pandemic-induced hiring spree has led to nearly 500,000 new jobs in the fast food space. We discuss which restaurant names are leading the way, and who’s lagging behind in Rapid Fire.And, according to a new Barron’s report, the economic fallout could reach $700 billion if America’s schools continue to remain closed. We explore all angles of this looming education crisis.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.