Closing Bell

Stocks staging a big rally following strong earnings and additional policy reversals by the UK government. Medley Global Advisors' Ben Emons explains why he thinks this rally is nothing more than a bear market bounce. Laffer Tengler CEO Nancy Tengler details her shopping list of stocks she thinks look too cheap to pass up. Bank stocks booming after a big earnings beat from Bank of America. Wells Fargo's Mike Mayo explains why he thinks this stock can double. William Blair's Jed Dorsheimer discusses why he is turning bullish on beaten down chip stocks. And Sensor Tower's Anthony Bartolacci discusses Roblox's bullish user growth last month and whether the stock looks cheap following a 60% plunge this year. He also weighs in on Netflix ahead of the streaming giant's earnings tomorrow. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Markets finished out a wild week lower … so what might next week hold for your money? Vantage Rock’s Avery Sheffield gives her forecast. Plus, Fundstrat’s Tom Lee says stocks may be bottoming. And, market expert Mike Santoli weighs in on the stunning market swings in his final Last Word of the week. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Another day, another market reversal. Stocks giving up early gains to close sharply lower as the wild trading week wraps up. The big banks reporting earnings and Wells Fargo was one of the winners after beating Wall Street's expectations thanks to rising interest rates. Wells Fargo CFO Mike Santomassimo breaks down the results and the outlook for consumer loans in this uncertain environment. Kroger CEO Rodney McMullen discusses his company's $24.6B deal to acquire rival grocery company Albertson's and whether he thinks the acquisition will be approved by regulators. A lot of market volatility in the U.S. has been from the political drama in the U.K. Former JPMorgan Chase International Chairman Jacob Frenkel weighs in on how that could impact the Fed. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

A big turnaround in stocks after the sizzling CPI report sent the markets tumbling. Can the burst keep going or will it end in disappointment? Sofi’s Liz Young and Requisite Capital’s Bryn Talkington give their forecasts. Plus, Former Twitter CEO Dick Costolo breaks down what the future of the company could look like under Elon Musk. And, Macellum’s Jonathan Duskin exclusively dives in on his firm’s latest letter to Kohl’s. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

A dramatic turnaround on Wall Street despite a hotter than expected inflation report. Stocks falling to the lowest level in two years, but rebounding sharply on hopes inflation may soon peak. Former Treasury Secretary Jack Lew discusses whether inflation could soon cool off and how high the Federal Reserve may raise interest rates. Charles Schwab Chief Investment Strategist Liz Ann Sonders on whether investors can trust this massive comeback. Bespoke's Paul Hickey says history shows a market reversal like today's is a bullish short-term indicator. Renaissance Macro Research's Jeff DeGraaf exsplains why he sees some resilience in industrial stocks despite recession fears and the surging dollar. And Dimensional's Mary Phillips says investors should be focusing on profitable companies in this uncertain environment. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Today’s red hot PP report barely moved the needle – and now, investors are anxiously awaiting tomorrow’s CPI. But is all of the “bad news” already priced into stocks? Josh Brown of Ritholtz Wealth Managements explains how to navigate these choppy waters. Plus, Avenue Capital’s Marc Lasry weighs in on the fed, markets and big money opportunities. And, market expert Mike Santoli gives his forecast for CPI… and what he thinks stocks might do in response. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks struggling to find direction after the Federal Reserve's last meeting minutes showed the central bank will keep hiking rates until inflation begins to cool. But there was some optimism that the Fed could slow its tightening if financial market turbulence continues. Allianz Chief Economic Advisor Mohamed El-Erian discusses whether the Fed will be able to manage a soft landing and what he expects from Thursday's key consumer inflation report. Morgan Stanley's Betsy Graseck explains why bank investors should strap in for a rocky ride this earnings season and reveals which bank should stand out from its peers. And Jefferies' Michael Yee on what Moderna's partnerships to jointly develop a skin cancer vaccine with Merck means for those stocks. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Treasury Secretary Janet Yellen weighs in on the fed, economy and her future at the White House. But first, concerning headlines out of the UK regarding the bond market sent stocks lower to end today’s session. All-star panel of Victoria Greene of GSquared, Trivariate’s Adam Parker and Virtus’ Joe Terranova break down all moves. And, market expert Mike Santoli’s Last Word on the big stock moves of the day. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks taking investors on a rollercoaster ride. The major averages giving up big gains after The Bank of England warned pension funds they have just three days to rebalance positions. CME Group CEO Terry Duffy weighs in on how that will impact bond market volatility. Mukhlenkamp Fund is one of the few funds with positive returns over the last year. Portfolio Manager Jeff Muhlenkamp reveals his strategy for investing in this high inflation environment. Jefferies Sheila Kahyaoglu discusses the outlook for airlines after American raised its revenue guidance. Plus she reacts to Boeing's strong orders data and why she thinks the stock can nearly double from its current level. And Tusk Venture Partners Founder Bradley Tusk reacts to the new Labor Department proposal that could reclassify gig workers as employees instead of independent contracts and how that could impact stocks like Uber and Lyft. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

JPM’s Jamie Dimon says stocks could have a lot more downside to go if things get a lot worse for the economy. Solus’ Dan Greenhaus reacts and gives his forecast. Plus, our most valuable pick is one Wall Street firm’s big bet on big pharma. And, 5-star fund manager Kevin Simpson of Capital Wealth Planning breaks down where he is seeing opportunity in the market right now. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.