The Exchange

He was just on stage at Microsoft’s Ignite event, he's going to get on a plane to meet with President Xi, but first, he joins us live on this show. Microsoft's Satya Nadella on the company's big chip announcement, AI, China, and much more.And speaking of China – we're moments away from the first live pictures of President Xi and President Biden. Both countries competing for the global future, and one of our guests says if you take a clue from recent Xi speeches, a showdown of historic dimensions could be ahead.Plus – he tells Congress how much its laws will cost the country, and with two days until the government runs out of money once again, we'll speak live with CBO Director Phillip Swagel about what's at stake and what needs to change to get America's fiscal health in order.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Did today’s CPI number cement the end of the rate hike cycle? We’ll ask our economist if it’s enough to move the Fed to the sidelines. Plus, veteran emerging-markets investor Mark Mobius joins us with what part of the world he’s most bullish on (Hint: It’s NOT China!) And weight-loss drugs have weighed on the food stocks, but one analyst sees 20% upside in a name thanks to its protein portfolio and joins us to maker her case. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

We’re days away from a government shutdown, and that could put Thanksgiving travel in jeopardy, but we’ll look at why some analysts are more positive a deal will happen now. Plus, a lot has happened since the last time Chinese President Xi was in the U.S., but the tone from China toward American companies seems to be shifting. We’ll dig into what that means for the market, and who else could benefit. And we’ve got the debut of a new real-time gauge of how the consumer is really doing. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

San Francisco Fed President Mary Daly joins us exclusively, on the heels of Fed Chair Powell saying the central bank is “not confident” it has done enough to bring inflation down. Plus, how much will macro headwinds weigh on consumer spending this holiday season? Bank of America’s retail analyst gives us her preview. And Tripadvisor’s CEO is here with his outlook on the holiday travel season, and the growth the company is seeing in the “experience economy.” Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks plummeted after the 30-year bond auction results. Prof. Damodaran shares his views on valuations. The agricultural industry suffers due to the energy transition. IPO market is surprisingly quiet. The hosts introduce themselves as sound detectives solving mysteries. Disney's earnings surpass expectations. The wealth effect influences the economy and Fed's decisions. Limited options for tech unicorn IPOs.

David Zervos, Jefferies chief market strategist, discusses the Fed's impact on inflation. CEOs share insights on the trend of people being stuck in homes they bought with low mortgage rates. Earnings reports from Disney, Affirm, Instacart, and Arm are on deck.

The NY Fed’s newest report shows delinquencies are rising quickly in some areas, but our market guest is looking at another indicator she says suggests a rough holiday quarter ahead. We’ll look at what it is, and which market strategy to deploy into year-end. Plus, one lodging REIT just posted a solid quarter on the strength of corporate travel and conventions. The owner of the Grand Ole Opry joins us for an exclusive interview. And pet spending is still going strong. The CEO of Freshpet joins us on the heels of earnings with the stock up 20 percent in one week.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Falling yields means good news AND bad news for the Fed and markets. We’ll look at why and how to position. Plus, do lower rates mean better prospects for the housing trade? Our analyst says yes, even with recession risks growing. And despite rising concerns about defaults in the private credit space, the market keeps growing. We’ll talk to one of the big lenders in the space about rates, returns, and recession risk. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Kelly explains why pensions plans could offer a creative way out of the country's long-term fiscal problems. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Did today's jobs report just cement the end of rate hikes? The market may be cheering the softer-than-expected numbers, but KPMG’s Diane Swonk says not so fast. Plus, one fast casual food stock is having a good week, but earnings were a mixed bag. The CEO joins us with what he’s seeing from the American consumer. And from China, to rates, to jobs and energy – it’s a special edition of Three Buys and a Bail. We’ll take a look at the week’s big themes, and make a trade for each. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.