Morning Call

Earnings from banks both big and small are on deck today as many bank stocks come off a red hot week. Mendon Capital Advisors' Anton Schutz breaks down what to expect. Plus, oil prices are back on the rise, and this week, they're on track for a gain of more than 6%, with ICE Brent Crude in line for its best performance since October. RBC Capital Markets' Helima Croft talks all things energy. And, today is Friday the 13th, which historically has a good reputation on Wall Street. Hodges Capital Management's Eric Marshall and Veritas Financial Group's Greg Branch discuss the markets. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Disney is gearing up for a big board room battle with billionaire Nelson Peltz, who wants to join the board. Big Technology's Alex Kantrowitz gives the latest. Plus, investors are awaiting the December CPI report, with analysts expecting a 6.5% rise from a year ago. NatWest Markets' Michelle Girard explains what to expect. And, markets are muted ahead of earnings season, where 7 of the 11 sectors are forecasted to contract. Blanke Schein Wealth Management's Robert Schein and Bolvin Wealth Management's Gina Bolvin break down the trading day ahead. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Despite the pain of inflation, higher interest rates, and falling earnings expectations, do the technicals suggest better days ahead for stocks? Piper Sandler's Craig Johnson weighs in. Plus, the energy sector had a record year in 2022, soaring 59% on average. RBC Capital Markets' Biraj Borkhataria discusses the outlook for the sector this year. And, ahead of tomorrow's CPI report, the bulls may be in control, with signals suggesting a continuation of the near-term price action. Horizon Investments' Zachary Hill gives his views on the markets. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The mob of supporters of Brazil’s former president Jair Bolsonaro that stormed government buildings this weekend may turn out to be a reality check for Latin America’s largest economy. Bulltick Capital Markets’ Kathryn Rooney Vera explains the outlook. Plus, with a mixed session for the markets yesterday, is a January rally still a possibility? Salem Investment Counselors’ David Rea weighs in. And, investors are awaiting more economic data ahead of Thursday’s CPI print to see if inflation is finally cooling. KKM Financial’s Jeff Kilburg previews the trading day. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Concessions made by freshly appointed House speaker Kevin McCarthy may rear their head as lawmakers take up rules to govern the new Congress and united a fractured party. Tina Fordham gives the latest. Plus, tens of thousands of travelers are flocking to China’s airports and train stations after the country reopened its borders this weekend. Dewardric McNeal explains what’s to come. And, investors are awaiting a slew of economic data this week as they search for signs of a pause or pivot in the Fed’s rate hiking campaign. Harris Financial Group’s Jamie Cox and Decatur Capital’s Degas Wright break down their outlook for the markets. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this CNBC exclusive from the annual Goldman Sachs Global Energy and Clean Tech Conference, Brian Sullivan speaks with some of the biggest names in energy to discuss key issues impacting the energy markets and whether the strong gains in 2022 can continue into this new year. Guests include: Chesapeake Energy CEO Nick Dell’Osso, Cheniere Energy CEO Jack Fusco, and Pioneer Natural Resources CEO Scott Sheffield. (Record date: 1/5/22) Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The monthly employment data is out today, where it’s expected that U.S. job and wage growth was solid in December, though rising interest rates could slow momentum this year. Lightcast’s Rucha Vankudre breaks down the numbers. Plus, the ongoing standoff within the Republican party over Kevin McCarthy’s bid to become House Speaker continues. Raymond James’ Ed Mills gives the latest. And, stock futures are mixed as the Fed signals that they may not be done with their campaign to tame inflation. Palisade Capital Management’s Dan Veru and Rose Advisors as Hightower’s Patrick Fruzzetti explain how to play the markets. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Amazon is raising the number of employees it plans to lay off, with job cuts focused on the company's e-commerce business, human resources, and technology. Arete Research's Richard Kramer explains the outlook. Plus, Republican congressman Kevin McCarthy is set to try and secure enough votes to become House Speaker for a third straight day. Stifel's Brian Gardner gives the latest. And, big gains in Chinese tech stocks may be signaling that the government's wide-ranging crackdown on tech and other sectors may be nearing an end. Krane Shares' Brendan Ahern discusses whether China is investable again. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Shares of GE are lower as the company gears up for the first day of trading for its healthcare unit spin-off under the ticker GEHC. William Blair's Nicholas Heymann discusses the stock. Plus, Apple and Tesla are also looking to trade in the red today, with both companies losing significant market value in the last year. Hargreaves Lansdown' Sophie Lund-Yates gives the outlook. And, President Biden is heading to Kentucky today to promote the economy and his infrastructure law. Thompson Research Group's Kathryn Thompson explains what to expect. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Oil prices are holding steady today despite weaker factory data from China and a warning from the head of the IMF about a tough year ahead for the global economy. Rystad Energy's Jorge Leon gives the 2023 outlook. Plus, as Congress prepares to return to Capitol Hill, Republicans are set to take control of the House, presenting new challenges for President Biden's agenda. American Enterprise Institute's Jim Pethokoukis explains what's to come. And, stock futures are higher to start off the year as investors look to January as a market predictor for the rest of the year. Silvercrest Asset Management's Robert Teeter and Pivotal Advisors' Tiffany McGhee break down the trading day ahead. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.