The Exchange

Geopolitical fallout from Israel-Hamas war, 10-year yield possibly reaching 4% as 'earnings recession' ends, consequences of a House with no Speaker, firsthand account of conflict near Gaza border, impact of conflict on global oil prices, analysis of bond auction results and market action, IPO of Birkenstock shares and challenges, growing pipeline and private equity updates, impact of conflict on luxury brands.

Stocks stage a reversal this hour as Israel’s conflict with Hamas enters its third day. We’ll look at what the unrest means for the region and for energy prices. Plus, activist investor Nelson Peltz is reigniting his proxy fight with Disney. And one analyst says investors should “close their eyes and buy” some utility stocks. She’ll join us with her top picks. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stock market reversal, mortgage rates shooting higher, analyst slashing estimates, political side of housing market, potential energy industry consolidation, struggles faced by airline industry, impact of higher interest rates on insurers and investors

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.

The one weapon the Fed has to pull off a soft landing could be backfiring. Companies with a ton of debt could be dead on arrival in this new high-interest-rate environment. And Chartmaster Carter Worth joins us to chime in on the Dollar as it hits an 11-month high. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Two big legal cases concerning the fate of FTX founder Sam Bankman-Fried and the CFPB. We’ve got the latest developments on each. Plus, is Microsoft’s new $9B AI tool worth the hype? And the weight-loss drug boom is having major ripple effects on stocks. We’ll look at one buy and one bail as a result of the craze. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The 10-year yield is hitting its highest level since 2007, and our market guest still sees opportunities in bonds ahead of a recession. Plus, Birkenstock is preparing for its IPO. VC Sam Lessin joins us with what the IPO market means for Silicon Valley and beyond. And a bullish call on a housing name one analyst says is well positioned for a slowdown. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

With the government just two days away from a shutdown, we look at how it could impact everything from economic data to the IPO market. EV manufacturing one of the issues driving the UAW strike, and it could have big implications not just on the big three, but Tesla too, according to Barclays. Plus, a key childcare pandemic subsidy also expiring this weekend, which could have a big impact not just on daycare centers, but the US economy. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The biggest returns against a backdrop of soaring yields and oil prices, according to one 5-star fund manager. Plus, another strike looms over the economy – this time in the health care space. We’ll speak with the union rep about the negotiations and look at the stocks that could be at risk. And on private lender sees “demand destruction” the current environment. He’ll join us from CNBC’s “Delivering Alpha” to explain. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Value stocks may be making a comeback after years of growth taking the spotlight. The Senate Banking Committee passed a crucial cannabis industry legislation. The government shutdown is multifaceted, with one analyst referring to it as the “Seinfeld shutdown”. Other topics include potential investments in consumer-facing stocks, challenges and opportunities in the cannabis industry, and Amazon's expansion into various businesses.