Morning Call

The Federal Reserve kicks off its two-day monetary policy meeting today. New York Times' Jeanna Smialek tees up the event. Plus, the global M&A landscape is under pressure amid higher rates, regulatory concerns, and fears of an economic downturn. LSEG's Matt Toole explains. And, more strategists are out with their 2024 S&P 500 price targets. Oppenheimer Asset Management's John Stoltzfus and Bleakley Financial Group's Peter Boockvar discuss. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Apple's Product Design Chief is reportedly leaving the company next year. Fast Company's Stephanie Mehta and D.A. Davidson's Gil Luria discuss what this means for the product pipeline. Plus, crypto is coming off a wild week of price action. Morgan Creek Capital Management's Mark Yusko explains. And, investors are gearing up for a busy week of economic data. UBS Global Wealth Management's Mark Haefele and Douglas C. Lane & Associates' Sarat Sethi lay out the agenda. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The November jobs report is out today, with economists expecting employers to have added 180,000 jobs this month compared to 150,000 last month. ZipRecruiter's Chief Economist Julia Pollak gives her predictions. Plus, Lululemon is warning of a gloomy holiday season for retail. SW Retail Advisors President Stacey Widlitz explains. And, EU negotiators are reconvening this morning to discuss AI regulation. AutogenAI CEO Sean Williams lays out his company's latest AI funding milestones. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Oil prices are recovering some ground after falling to a six-month low yesterday. CIBC Private Wealth's Rebecca Babin and Third Bridge's Peter McNally discuss. Plus, one of Wall Street's most notable short sellers is setting his sights on commercial real estate. Marcus & Millichap CEO Hessam Nadji weighs in. And, markets are coming off three straight days of losses. Wall Street Journal's Gunjan Banerji and Crossmark Global Investments' Victoria Fernandez explain. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The CEOs of several of Wall Street’s biggest banks will appear before lawmakers today to talk regulation for the sector. Whalen Global Advisors’ Christopher Whalen discusses. Plus, small-cap stocks have been finding some love from investors lately after lagging the rest of the market for much of this year. Goldman Sachs Asset Management’s Greg Tuorto explains. And, price targets for the S&P 500 next year range between 3,300 and 5,100. Piper Sandler’s Craig Johnson and KKM Financial’s Jeff Kilburg give their year-end predictions. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The nomination window for Disney board members opens today as the company faces continued pressure from shareholders. Laffer Tengler Investments' Nancy Tengler discusses. Plus, gold prices are ticking back up today after briefly hitting an all-time high yesterday. TD Securities' Bart Melek explains. And, concerns about privacy and data security are rising following a string of recent cyberattacks. Tenable CEO Amit Yoran lays out what his company is seeing. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Tensions across the Middle East continue to rise after a U.S. destroyer and three commercial ships in the Red Sea came under fire this weekend. RBC Capital Markets' Helima Croft discusses. Plus, following a stellar year of gains for tech, can the sector rally into 2024? Wedbush's Dan Ives weighs in. And, the telecom industry is just one beneficiary of the AI boom. Calix CEO Michael Weening explains.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

It's been an extraordinary month for tech and the Nasdaq. Hargreaves Landsdown's Sophie Lund-Yates explains. Plus, a big part of tech's rally has been artificial intelligence. Dynatrace CEO Rick McConnell and Mastercard's Raj Seshadri discuss their AI investments. And, OPEC has agreed to new voluntary output cuts of around 2.2 million barrels per day. Amena Bakr dives into the decision. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

OPEC ministers are meeting this morning ahead of their previously delayed meeting. Rystad Energy's Jorge Leon explains. Plus, today marks one year since the public launch of ChatGPT. Hackensack Meridian Health CEO Robert Garrett and Oura CEO Tom Hale discuss the impact of AI on health care. And, Dell reports earnings after the close as investors look for commentary on the global PC market. Raymond James' Simon Leopold gives his expectations. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The investment and business worlds are paying their respects to Berkshire Hathaway Vice Chairman Charlie Munger, who has passed away at 99 years old. R360’s Barbara Goodstein discusses. Plus, Salesforce reports earnings today as analysts focus on revenue growth and margin expansion. Main Street Research’s James Demmert explains. And, Nvidia may be the clear winner in the AI arms race, but what other chipmakers are benefiting from the boom? Wedbush’s Matt Bryson weighs in. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.