The Exchange

The Dow could top 47,000 in the next 12-18 months, according to our strategist. He’s bullish in the long-term, but has three dividend darlings to weather the near-term volatility in the market. Plus, VP Harris’ running mate Gov. Walz is speaking tonight at the DNC. We’ll get a live report ahead of those remarks and look at one key area that the Democrats’ economic agenda doesn’t address. And payroll growth is being revised lower by the Labor Dept. We’ll tell you what it means for the economy, and why it could matter to the Fed. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Our market guest says the bulk of stocks are trading at reasonable or attractive valuations and joins us with the names to buy. Plus, our technician says the moves in stocks and bonds are becoming increasingly correlated, signaling one group is due for a pullback. And the so-called “conscience of capitalism” John Hope Bryant joins us to make the case for the 40-year mortgage as a way of making home ownership more accessible. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Three central bankers spoke out over the weekend, with all seemingly in favor of a September rate cut. Our strategist still sees three cuts this year and joins us with his read on the economy. Plus, the Democratic National Convention kicks off in Chicago today, and we have a live report from Chicago with what’s at stake and what a Harris presidency means for your money. And UBS sees the foundations for a homebuilder rally forming, despite the recent negative data. Their analyst will join us with the name he sees rallying 16% from here. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

This time, Vice President Kamala Harris shares her economic strategies just ahead of the DNC, touching on critical yet overlooked market risks. Meanwhile, correspondent Robert Frank dives into the $30 billion classic car market, highlighting its current struggles and a major auction event in Monterey that could reshape its future. The conversation also addresses how high interest rates affect sales in this niche, alongside a broader economic outlook. A mix of politics and classic cars makes for an engaging discussion!

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.

July’s consumer inflation read not matching the tenor of the cooler wholesale inflation print. Our panel of experts discusses whether that means a 50 basis point rate cut at the next Fed meeting is off the table. But whatever track the Fed takes Morgan Stanley says rate cuts will help REITs both on  a macro level and on a fundamental one. Their head of Global Listed Real Assets lays out the names to buy now. Plus, Mars agreeing to buy Kellanova in one of the biggest deals the industry has ever seen, Elliott Management readies a proxy fight against Southwest, and we preview Macy’s, Tapestry, and Alibaba earnings. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Starbucks shocking the business world today by ousting their CEO in favor of Chipotle’s chief executive Brian Niccol. We have Wall Street’s reaction, the bottom line for investors, and leadership lessons to take away. Plus, this morning’s wholesale inflation report came in lighter-than-expected, but is it enough to derail a rate hike from the Fed next month? And we’ll look at the price action in commodities as tensions in the Middle East ramp up. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Markets are holding steady ahead of this week’s economic data, and our guest is looking at some names to find value in the market volatility. Plus, retail earnings ramp up with Home Depot results on deck tomorrow morning. We’ll speak with the analyst who forecast the slowdown in home renovations two years ago. And Nvidia is bouncing back from the recent sell-off. We’ll look at whether it’s too late to buy the stock. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks are struggling to end the week higher, as the Fed’s path toward rate cuts is getting a little murkier. We’ll look at how to position within the Magnificent 7 stocks and beyond. Plus, China’s inflation data suggesting more government stimulus may be needed there. Our guest is highlighting one catalyst that could jumpstart Chinese equities. And SweetGreen is surging after a big earnings beat and guidance hike. The CEO joins us in a “First on CNBC” interview with what’s driving growth in a tougher macro environment. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

We have fresh data from Bank of America Institute, giving us a real-time picture of what's going in the economy. We’ll speak with the woman in charge about the health of the consumer. Plus, stocks are rallying on the back of new jobless claims data, but one of our market guests warns it could be a head fake. And Interactive Brokers Chairman Thomas Peterffy joins us with a first look at demand for the company’s new event contract business. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.