0
0.0
Apr 15, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
might like israel or even the u.s. itself to respond. >> and yet, if you're looking for targets that don't represent a huge loss of life, but would also exact some toll on iran, i think israel would be looking at that. >> i can give you an easier target. money. iran currency reserves have come back up. the more oil they sell the more money they make. if you can somehow sanction the money vis-a-vis the oil, iranian foreign currency reserves will go back down which simply gives them less money to buy drones from china. china supplying these engines or the drones. go after the money and potentially try to sanction iranian oil in a more stringent way, but could you do that without spiking the price of oil? there is one way to do that which would probably go to opec maybe to the saudis who have 2 million barrels alone in spare capacity and try to get them to add more oil to the market. this is truly the most global of all economic discussions because a barrel of oil here is effectively the same as a barrel of oil there. it'
might like israel or even the u.s. itself to respond. >> and yet, if you're looking for targets that don't represent a huge loss of life, but would also exact some toll on iran, i think israel would be looking at that. >> i can give you an easier target. money. iran currency reserves have come back up. the more oil they sell the more money they make. if you can somehow sanction the money vis-a-vis the oil, iranian foreign currency reserves will go back down which simply gives them...
0
0.0
Apr 15, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
israel vowed a significant response. israel's war cabinet member benny gantz warned all options remain on the table. >> this is a declaration of war because we know there are repercussions and we have deliberations with our partners and we are considering all options. i'm confident that we will take the necessary steps to protect and defend our people. we are not world seekers. >> dan has more on this developing story. dan, good morning. good to see you. >> reporter: good morning, frank. this is an extraordinary moment for the middle east. for the last several months, i have been covering this story and we have seen ongoing escalation since october when the war broke out. what happened this weekend in israel is unprecedented. to use the words of the u.s. president, it is unprecedented. it is unpress cedented because n has never attacked israel. iran seeking a message that israel's air strike on the embassy in syria and the ongoing war in gaza have crossed a red line. israel says its air defenses destroyed 99% of the iran
israel vowed a significant response. israel's war cabinet member benny gantz warned all options remain on the table. >> this is a declaration of war because we know there are repercussions and we have deliberations with our partners and we are considering all options. i'm confident that we will take the necessary steps to protect and defend our people. we are not world seekers. >> dan has more on this developing story. dan, good morning. good to see you. >> reporter: good...
0
0.0
Apr 15, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
>> the reason why i think israel will do something specific, prompt, but also limited, i think israel feels it has to now reciprocate, because iran has attacked from iranian soil for the first time. and israel doesn't like to be on the soft or short end of that kind of a stick. i believes strongly in the concept of re-establishing deterrence, meaning, showing you're the tough guy. and intimidating people into hopefully not attacking you again. now, that logic would suggest that israel might actually escalate dramatically, like they did in gaza, but i think it's more likely in this case having intercepted and have the u.s. and other help in intercepting the iranian attack, they'll feel it's adequate to do something that is firm, but also de-escalatory and hopefully iran will not feel the need to again go one more time afterwards. that's my prediction that, you know, probably missiles, because there's no manned aircraft involved, no potential for shootout. probably fixed infrastructure, and probably relatively isolated in infrastructure to minimize fatalities, maybe at night, and probab
>> the reason why i think israel will do something specific, prompt, but also limited, i think israel feels it has to now reciprocate, because iran has attacked from iranian soil for the first time. and israel doesn't like to be on the soft or short end of that kind of a stick. i believes strongly in the concept of re-establishing deterrence, meaning, showing you're the tough guy. and intimidating people into hopefully not attacking you again. now, that logic would suggest that israel...
0
0.0
Apr 12, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
is devoted to israel's defense. general, i'm wondering, if iran really does attack in a small way, as you hope or anticipate, does that mean that israel does not go after iranian nuclear assets. >> probably won't go after the iranian nuclear assets unless there's a direct strike on israel or attributable to an embassy in the region. if iran uses a missile and gets through or something. but the houthis are already firing missiles and drones at israel and israel has taken them out. if you're the iranians, the revolutionary guard may be thri thirdsting to go after israel, but if you've got any common sense, not so smart. let's don't do this. iran has to feel like they're kind of winning right now. they've got the united states and israel at odds, hamas has survived. you've got the whole world down on the israelis for what's going on in gaza. this was part of the plan. this was the plan from the beginning for hamas, to draw the israelis in and then accuse them of creating a humanitarian catastrophe. that's what the worl
is devoted to israel's defense. general, i'm wondering, if iran really does attack in a small way, as you hope or anticipate, does that mean that israel does not go after iranian nuclear assets. >> probably won't go after the iranian nuclear assets unless there's a direct strike on israel or attributable to an embassy in the region. if iran uses a missile and gets through or something. but the houthis are already firing missiles and drones at israel and israel has taken them out. if...
0
0.0
Apr 15, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
join us to talk about iran's attack on israel over the weekend, israel's thinking now and what could come next in the middle east. dan senor, co-author of "the genius of israel." i want to z you the same question i asked richard engel which is, what kind of pressure do you believe today's exist on netanyahu from people in israel to others to escalate this war or not? >> the way i think abit in talking to a lot of israelis over the weekend including those in government and average israelis is the difference between the october 6th mindset and the october 8th mindset in israel. october 6th mindset, where the rockets used to come from hamas, start to begin in earnest in 2007, because of the multilayered defense missile defense capability that israel has developed over the years, israel got kind of used these missile attacks, these rocket attacks, normalcy to them, rockets would come, the sirens would go off, people could get alerts to go to the shelter or safe room. go about their business. back at their tech companies and cafes and bars would be bustling again. october 7th changed that
join us to talk about iran's attack on israel over the weekend, israel's thinking now and what could come next in the middle east. dan senor, co-author of "the genius of israel." i want to z you the same question i asked richard engel which is, what kind of pressure do you believe today's exist on netanyahu from people in israel to others to escalate this war or not? >> the way i think abit in talking to a lot of israelis over the weekend including those in government and...
0
0.0
Apr 15, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
how crucial is israel's next move? >> not much. israel cannot lose the support of the united states. there has been a rift between the prime minister and president biden. they cannot ignore the united states. they cannot survive without our backing. that strike that killed 12 officers including 12 generals, in retrospect, they should understand, it was a big mistake. you can kill a general and replace him in 30 minutes. i was a huge provocative move that would not change the shadow of the war. everyone was astonished at the scale of the response. i would've expected him to go after one israeli embassy. >> the other thing is that they anticipated many of the missiles and drones would be shot down. did you think that there was any calculation that it would be 1% successful? >> i think all of us have been assured that the defenses from israel are the world's best. having said that, it was a triumphant reaction. they cannot live with that possibility. i have dealt with a giant warhead and i did not get killed and i was oncerned enough
how crucial is israel's next move? >> not much. israel cannot lose the support of the united states. there has been a rift between the prime minister and president biden. they cannot ignore the united states. they cannot survive without our backing. that strike that killed 12 officers including 12 generals, in retrospect, they should understand, it was a big mistake. you can kill a general and replace him in 30 minutes. i was a huge provocative move that would not change the shadow of the...
0
0.0
Apr 15, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
israel and hamas and now israel and iran as well as interest rates and a.i. impact on earnings. as someone who advises clients, what do you tell people to figure out with the unknowns? >> i think you look to the options market sentiment. a lot of it providing a leading indicator. give iaea a place where we saw so much reach for upside to historic levels, not just in thing magnificent seven, but another that plays to the left tail awakening is the decline in the a.i. atmosphere with the call bid which has waned. the fact that it is picking up demand is interesting. >> one other thing i want to ask about is algorithms playing a roll in the selloff. how big of a role do you feel that played? >> it is the last atmosphere to be blamed. it could somehow be the tail that wags the dog. it is never the fundamental reason. this is an exacerbating circumstance. you see that with the gamma position in the market. it is never a fully reason. >> would you attribute that to the downside with tech? >> i think tech, yes. it isisacerbatexacerbating. you take away a lot of the demand. i think that
israel and hamas and now israel and iran as well as interest rates and a.i. impact on earnings. as someone who advises clients, what do you tell people to figure out with the unknowns? >> i think you look to the options market sentiment. a lot of it providing a leading indicator. give iaea a place where we saw so much reach for upside to historic levels, not just in thing magnificent seven, but another that plays to the left tail awakening is the decline in the a.i. atmosphere with the...
0
0.0
Apr 16, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
should be telling israel right now? >> this is an issue on which where you stand depends on where you sit. if you sit in washington and you're worried that this could cause a spike in oil prices that could have a damaging effect on the global economy in an election year, then, understandably, you would like to see restraint. on the other hand, if you were in tel aviv and jerusalem, and you've just been attacked by iran, directly from their soil for the first time ever with several hundred drones, cruise missiles, and surface-to-surface missiles, even the fact that your defenses were superb, and noting, by the way, that about a third of these were knocked down by u.s. central command capabilities and some more by other members of this coalition that helped israel, but they would see this, they would have a need, they believe, to show iran that this is just not acceptable. and the debate in the war cabinet, of course, is how should they do this without causing an escalation further in the violence between those two countr
should be telling israel right now? >> this is an issue on which where you stand depends on where you sit. if you sit in washington and you're worried that this could cause a spike in oil prices that could have a damaging effect on the global economy in an election year, then, understandably, you would like to see restraint. on the other hand, if you were in tel aviv and jerusalem, and you've just been attacked by iran, directly from their soil for the first time ever with several hundred...
0
0.0
Apr 15, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
unclear what israel is going to do. obviously, the next few hours and days will be decisive, because wall street's trying to figure out, is there going to be an escalation of this conflict that would jeopardize oil supply when it comes to iran, one of the biggest producers? that is always the question. and it's interesting to see oil prices down when you might think coming out of the weekend that there are at least greater odds of a bigger escalation in the conflict, and yet -- >> if you were watching saturday night, you certainly would not have anticipated, i think, that the futures would be looking the way they are right now. obviously, you might not have at that point expected that 99-plus percent of the cruise missiles, the ballistic missiles, and the drones that were launched against israel would have been intercepted. that said, to your point, sara, the question is, what is the response going to be? we don't know. >> we don't know. >> and the market seems to at least believe or hope, one would expect, that it will
unclear what israel is going to do. obviously, the next few hours and days will be decisive, because wall street's trying to figure out, is there going to be an escalation of this conflict that would jeopardize oil supply when it comes to iran, one of the biggest producers? that is always the question. and it's interesting to see oil prices down when you might think coming out of the weekend that there are at least greater odds of a bigger escalation in the conflict, and yet -- >> if you...
0
0.0
Apr 16, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
in this case, israel's skies. what do you make of the comment and what do you think of the situation in the middle east means for ukraine? >> obviously, the ukrainians are trying to draw parallels and say if you do this for israel, why not do it for ukraine? they want more response mechanism to respond to russian missile and drone attacks. from the western perspective, the u.s. and uk and french involved in helping defend israel here, these are two contexts with two risk calculations. i don't think the west or countries here are prepared to engage ukraine the same as israel. i think these are different stories and one should not imagine the same thing nhappenig in ukraine going forward. >> i want to go back to the iran attack. it is much more than symbolism. they did telegraph it days in advance and gave the u.s. a head's up. they said the matter is concluded. is that adding to the danger in the situation? do you believe israel sees it as a sign of weakness and that may be part of the reason why we could see an es
in this case, israel's skies. what do you make of the comment and what do you think of the situation in the middle east means for ukraine? >> obviously, the ukrainians are trying to draw parallels and say if you do this for israel, why not do it for ukraine? they want more response mechanism to respond to russian missile and drone attacks. from the western perspective, the u.s. and uk and french involved in helping defend israel here, these are two contexts with two risk calculations. i...
0
0.0
Apr 10, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
and israel about this possible operation in rafah. how does israel balance national security and humanitarian concerns with youral lyes including u.s. and europe, very concerned about the impact of the operation? >> frank, we didn't choose this war. we didn't want this war, be we need to fight this war. this is an existential war for our very existence. on october 7th, people have forgotten, hamas ripped through, raping little girls, burning families. >> we understand the violence, of course. the violence is terrible. but there is a serious humanitarian concern. prime minister benjamin netanyahu has announced this operation will go on despite other allies advising against it. >> frank, we need to move on rafah for the simple reason, the last four hamas battalions, we've taken out close to 20 of them. if we were to leave them there, then we would leave hamas in power. they would take back control of the gaza strip, do what they say they want to do, which is october 7th again and again and again. now, we understand the humanitarian issu
and israel about this possible operation in rafah. how does israel balance national security and humanitarian concerns with youral lyes including u.s. and europe, very concerned about the impact of the operation? >> frank, we didn't choose this war. we didn't want this war, be we need to fight this war. this is an existential war for our very existence. on october 7th, people have forgotten, hamas ripped through, raping little girls, burning families. >> we understand the violence,...
0
0.0
Apr 16, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
specifically israel and iran. as you talk to clients, how big of a factor is that? >> it is not too big of a factor yet. hone honestly, i don't think we had a lot of client calls. >> okay. not too much about that. not yet. i want to go to your research. you are saying the s&p has a one-year return. q1 return of 11% including dividends. you are saying your clients, with the great returns, are talking to you about the u.s. debt level which in all fairness, debt is escalating. why is that a concern for your clients? >> i think a couple of things. the election coming up and they know there could be volatility because of that and secondly, you know, if you look at the u.s. deficit situation, we have been running north of 6% deficits with low unemployment. if you look back to the chart since 1970, we are running a pro cyclical deficit program right now. that's problematic. i think clients sense that there is something wrong with 6% deficits with unemployment as low as it is. they are asking where would we be with inflation or the u.s. consumer if deficits were typical if
specifically israel and iran. as you talk to clients, how big of a factor is that? >> it is not too big of a factor yet. hone honestly, i don't think we had a lot of client calls. >> okay. not too much about that. not yet. i want to go to your research. you are saying the s&p has a one-year return. q1 return of 11% including dividends. you are saying your clients, with the great returns, are talking to you about the u.s. debt level which in all fairness, debt is escalating. why...
0
0.0
Apr 17, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
russia invading ukraine, hamas/israel, iran/israel. at some point there's a less severe reaction to each one of these geopolitical events. i think people are starting to say, there are problems in the middle east, again, that doesn't talk down the severity of what happened. but i think the financial assets themselves are becoming less sensitive to those movements and in terms of buying more bitcoin, there's this interesting dynamic, that everyone i know in the hard-core bitcoin community, they bought as much as they can. what is wall street? they're not rushing to go buy bitcoin today and lot of folks on wall street don't understand the halving. over the next 12 to 18 months we'll see the impact. >> the only reason you wouldn't buy today there's an argument that a lot of firms don't have an offer yet. also the view i think by some that the price's still going to come down. i mean, what do you see as the window where the price sits right no. >> price movements themselves, bitcoin is down about 8%, 9%. there was 13 drawdowns of 10% or mo
russia invading ukraine, hamas/israel, iran/israel. at some point there's a less severe reaction to each one of these geopolitical events. i think people are starting to say, there are problems in the middle east, again, that doesn't talk down the severity of what happened. but i think the financial assets themselves are becoming less sensitive to those movements and in terms of buying more bitcoin, there's this interesting dynamic, that everyone i know in the hard-core bitcoin community, they...
0
0.0
Apr 16, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
really is for the defense of israel. and the u.s., of course, has absolutely no interest to let this thing escalate, so they will use all the leverage they do have to keep things in a fairly manageable level. and that means yes, you will not get an oil spike. right now, oil prices, it's really just to around current levels. but the risk being to stick with us for a longer time period, but we don't see this causing more damage. now, the risks clearly have increased. basically, it's pushed to take a more hardline view, but it's not our base case. we think we can avoid that. >> even if we don't get a spike, does this risk, in a way, put a floor under oil? >> yes. i mean, probably $4 to $5 of risk right now in oil, and that is higher than we would have thought sometime ago. and that could probably stick with us, at least for another quarter or two. in the end, fundamentals will take over, and in the end it will be how much oil demand is rising, how much supply is rising and so north, and we see oil coming off again, but prob
really is for the defense of israel. and the u.s., of course, has absolutely no interest to let this thing escalate, so they will use all the leverage they do have to keep things in a fairly manageable level. and that means yes, you will not get an oil spike. right now, oil prices, it's really just to around current levels. but the risk being to stick with us for a longer time period, but we don't see this causing more damage. now, the risks clearly have increased. basically, it's pushed to...
0
0.0
Apr 16, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
israel has not yet responded to iran's missile attack. we're going to talk to the head of emerging risks for a global insurance brokerage about the threats to business and to the macro economy. first here is a check on the markets. the dow industrials in the green up .2% in spite of chair powell's comments about rates and where they need to be and the persistence of inflation. s&p 500 off by 1/16th% and nasdaq composite just barely in the red. earnings season really picking up. we have several more bank earnings this morning. let's get to leslie picker for a rundown on those results. leslie, hi. >> hey, contessa. bank of america trading lower at this hour after results came out. but, the call started, the firm reiterated rather than raise its net interest income guidance, that caused the stock to slide. executives on the call saying that they expect that loan-making metric to trough in q2 and grow again in the second half of the year. however, the cfo noted that if there were fewer than three cuts, the first could benefit from that. and t
israel has not yet responded to iran's missile attack. we're going to talk to the head of emerging risks for a global insurance brokerage about the threats to business and to the macro economy. first here is a check on the markets. the dow industrials in the green up .2% in spite of chair powell's comments about rates and where they need to be and the persistence of inflation. s&p 500 off by 1/16th% and nasdaq composite just barely in the red. earnings season really picking up. we have...
0
0.0
Apr 17, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
. >> i would say so myself, here's a news update around the president putting israel on morning during a speech at the annual army parade, the tiniest invasion by israel and bring a massive and harsh response. israel is weighing retaliation against iran following a weekend drone and missile attack, that is overshadowing a meeting, the escalation of tensions is expected to dominate the agenda over the next three days, israel told its allies today it will make its own decisions despite western calls for restraint, secretary of state antony blinken arrived in italy this afternoon for talks. >>> actor hugh grant settling a privacy case for what he called an enormous amount of money. the publication used private investigators to tap his phone, but his car, and break into his house. he did not want to settle the case but felt he sort of has to because his trial was likely to be very expensive. back to you. >> seema moody, thank you very much. >>> boeings whistleblower testifying in front of the senate, with the management change already underway, what other risks could boeing face? we will k
. >> i would say so myself, here's a news update around the president putting israel on morning during a speech at the annual army parade, the tiniest invasion by israel and bring a massive and harsh response. israel is weighing retaliation against iran following a weekend drone and missile attack, that is overshadowing a meeting, the escalation of tensions is expected to dominate the agenda over the next three days, israel told its allies today it will make its own decisions despite...
0
0.0
Apr 16, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
these meetings come after the iranian attack on israel. i wonder if some of these events change the economic outlook for you at all or impact them. >> geopolitical developments have been with us for a long time. certainly from our perspective in europe, the developments started in a harsh and difficult way with the unacceptable invasion by russia of ukraine. that was a major geopolitical development that had significant economic impact, particularly on the energy front. then, of course, we had more and more. not really often commented upon, like sudan and yemen. obviously since october 7th, it has been a succession of geopolitical developments which have a bearing on economic activity. i think it has a bearing on, number one, consumer confidence and confidence of investors. where are we heading? what are the developments? what impact will it have? it also has an impact on commodity prices. it's not been very significant in the last few weeks, but obviously those geopolitical developments matter a lot. we factor them into our forecast, our
these meetings come after the iranian attack on israel. i wonder if some of these events change the economic outlook for you at all or impact them. >> geopolitical developments have been with us for a long time. certainly from our perspective in europe, the developments started in a harsh and difficult way with the unacceptable invasion by russia of ukraine. that was a major geopolitical development that had significant economic impact, particularly on the energy front. then, of course,...
0
0.0
Apr 12, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
it's hard to be long if you're worried about israel and iran. you missed the inflation expectations there. i said the vix is up, bonds are up, gold is up. >> to your point, when you look at the only green on my screen that's up away from apple. i know we'll talk about that later, it's lockheed, and why is that? the story is coming out that iran will attack israel in the next two days. and then you have the other story, which is biden has committed defending israel. you'll see oil spike and inflation. i see no reason for the market to have had that move yesterday. it was almost a quite benign cpi number but not fully at all. i was per plexed by yesterday. today does not surprise me. you're in the situation where investors are adjust to go maybe no rate hike. if, not when, if it's if, only one, maybe two. that is the difference, the geopolitical uncertainty, commodities still going higher and the dialogue, the narrative from jamie dimon, larry fink, et cetera. inflation is not getting down to their level anytime soon. the entire bet, will the mark
it's hard to be long if you're worried about israel and iran. you missed the inflation expectations there. i said the vix is up, bonds are up, gold is up. >> to your point, when you look at the only green on my screen that's up away from apple. i know we'll talk about that later, it's lockheed, and why is that? the story is coming out that iran will attack israel in the next two days. and then you have the other story, which is biden has committed defending israel. you'll see oil spike...
0
0.0
Apr 9, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
they are facing debate over aid to israel and ukraine a and taiwan. we have drew petrimeaux with more from washington. >> reporter: house republicans impeached mayorkas in february. there will able short trial with the republicans taking to the senate floor yesterday to make the case for a full trial. 67 votes are needed for conviction. with the democrats in control of the senate, it is almost certain to fail. in the house, members return today and funding for ukraine, israel and taiwan take center stage. the senate passed a funding bill two months ago, but the house has yet to take it up. it puts mike johnson at odds with thehard-right members of the party. marjorie taylor greene introduced legislation to remove johnson from his seat, but did not force a vote. lawmakers will look to rebuild the baltimore key bridge. president biden promised the federal government to play a key role in that. the repairs are expected to cost $400 million. both chambers are looking to reauthorize fisa which allows the government to target su surve surveillance. the prog
they are facing debate over aid to israel and ukraine a and taiwan. we have drew petrimeaux with more from washington. >> reporter: house republicans impeached mayorkas in february. there will able short trial with the republicans taking to the senate floor yesterday to make the case for a full trial. 67 votes are needed for conviction. with the democrats in control of the senate, it is almost certain to fail. in the house, members return today and funding for ukraine, israel and taiwan...
0
0.0
Apr 12, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
number two, they want to replace israel with palestine. and number three, they want to try to bring down the u.s. led world order. but they always have done this via proxy. meaning when they either attack u.s. outposts or they go after israel, it is via the original proxies, hamas and palestinian islamic jihad or hezbollah and lebanon, the houthis and yemen, the shared militias in new york. up until now, it has been unprecedented they would launch an attack from iranian soil against israel. >> but we should see things differently this time around? there is a more likelihood this would be a direct attack? >> certain risk is now greater than before. at the end of the day, as i said, the supreme leader who had long time strategic doctrine of attacking the united states, israel, now wants to risk -- likely to see, for example, attacks on israeli -- jordan, those that israel is -- at those embassies or if they were to attack one of those embassies, the risk of killing the diplomats is solely for the risk of -- and it would be symbolic victory f
number two, they want to replace israel with palestine. and number three, they want to try to bring down the u.s. led world order. but they always have done this via proxy. meaning when they either attack u.s. outposts or they go after israel, it is via the original proxies, hamas and palestinian islamic jihad or hezbollah and lebanon, the houthis and yemen, the shared militias in new york. up until now, it has been unprecedented they would launch an attack from iranian soil against israel....
0
0.0
Apr 15, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
obviously we are watching headlines from israel and headlines from congress. we are watching rates, which continue to move higher. >> and powell and jefferson tomorrow. >> yeah, right here, exclusively on cnbc. central bank still in the driver's seat. >> we will see how the bulls manage the afternoon. >>> let's get to post nine and the half. >>> the bull case for stocks, is it still intact? we will debate that with the market still on edge. joining me for the hour, joe terranova, jenny harrington, and steve weiss. we are holding on to gains and we are positive across the board. joe, we had a turbulent week last week, and are we still vulnerable? that's the question everybody wants to know. if you look at the reasons last week, maybe pretax day selling contributing, and iran was heavy on the minds going into the weekend, so now that we are done with the weekend, are we still vulnerable as we start and what will be another busy week. >> the easy answer tat is yes, we are still vulnerable for a deeper decline because we don't know yet what the earnings are going
obviously we are watching headlines from israel and headlines from congress. we are watching rates, which continue to move higher. >> and powell and jefferson tomorrow. >> yeah, right here, exclusively on cnbc. central bank still in the driver's seat. >> we will see how the bulls manage the afternoon. >>> let's get to post nine and the half. >>> the bull case for stocks, is it still intact? we will debate that with the market still on edge. joining me for the...
0
0.0
Apr 12, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
there is a lot of geopolitical jitters with israel and iran and proxies and that is keeping some of the oil and gas names to the upside. oil and gas sector is at the highest since 2008. we see basic resources moving up 2.6% because of the late commodities on a tear with the manufacturing sector bottoming out and hoping to creep to the upside. to are honest, the chinese numbers this morning were discouraging. two steps forward and one step back. one step back as far as the chinese trade data is concerned. i think that's it for me right now. i was getting excited about the boards. frank, over to you. >>> you mentioned commodities and the rise. that is a factor fuelling inflation. imf managing director warned central bankers against cutting too soon. premature easing could cause spikes. the downward trend on inflation is expected to continue this year, but price pressure the still remain. she warned apprfresh measures warning the global economy could face a decade of weak growth. speaking to cnbc, she said the u.s. economy is in a strong position adding the fed will be cautious on interest
there is a lot of geopolitical jitters with israel and iran and proxies and that is keeping some of the oil and gas names to the upside. oil and gas sector is at the highest since 2008. we see basic resources moving up 2.6% because of the late commodities on a tear with the manufacturing sector bottoming out and hoping to creep to the upside. to are honest, the chinese numbers this morning were discouraging. two steps forward and one step back. one step back as far as the chinese trade data is...
0
0.0
Apr 9, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
the younger generation is less pro-israel. that might be good or bad or whatever, but it's feeding public opinion. it's not a top of mind issue for most americans. that's why you don't see it. >> but why is it so different from other social media apps, because i thought they were doing the same thing? >> it's not different. >> that's what ted cruz said. >> all of these studies are based on hashtags. they say, oh, tiktok promotes suicide because the hashtag i'm done -- yes, ted cruz could be wrong. the hashtag "i'm done" is a suicide hashtag. like, i say that every day. these studies are all crazy. they're ridiculous. it's not controlled by china. >> it's like gaslighting. >> okay, truth social, what do you think? you investing in truth social? >> am i investing in it? >> would you invest? >> i like it. i think it's a great platform. obviously, everyone is there to see what donald trump skays and it's exciting. >> we have a dating app, that's your business -- >> and we have a truth social account. >> because the business is put
the younger generation is less pro-israel. that might be good or bad or whatever, but it's feeding public opinion. it's not a top of mind issue for most americans. that's why you don't see it. >> but why is it so different from other social media apps, because i thought they were doing the same thing? >> it's not different. >> that's what ted cruz said. >> all of these studies are based on hashtags. they say, oh, tiktok promotes suicide because the hashtag i'm done --...
0
0.0
Apr 12, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
israel is reportedly planning for a direct attack fromman. threats, those geopolitical fears adding to a long list to the markets where we started the show. >> it's similar to when you had the ukraine war going on initially on the weekends, risk off. so get your hedges up, sell what you need to, before you go into the weekend. see what next week brings with earnings. people surprised at the jpmorgan reaction. go into the weekend, park your money in treasury yields and see hey, let's reassess monday. >> with interest rates being where they are and presumably staying where they are maybe a little longer does this raise the premium be on how important earnings will be? >> absolutely. remember tina. well we have other things now. there are other alternatives and you can be in cash equivalent and treasuries. >> you can go into some nice quality corporate bonds at 6%. lock it up fortwo years. >> three to five years. >> nice thing to have. >> nice to have you here. >> thank you. >> we'll see you next week. that does it for "power lunch." >> "closing
israel is reportedly planning for a direct attack fromman. threats, those geopolitical fears adding to a long list to the markets where we started the show. >> it's similar to when you had the ukraine war going on initially on the weekends, risk off. so get your hedges up, sell what you need to, before you go into the weekend. see what next week brings with earnings. people surprised at the jpmorgan reaction. go into the weekend, park your money in treasury yields and see hey, let's...
0
0.0
Apr 12, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
we don't want to see iran and israel get into any type of skirmish. i think that's also -- gold is down today but gold has had a huge run. people are putting their hedges on. in addition, we started the year, scott, with six rate cuts and an ai euphoria. i think ai is getting tired, consolidating, and we're dg going to have one cut in december. i think the market is reprising. i think today specifically is more geopolitical as well as yields going higher. >> these are good points being made, mike, in that ifyou were bullish months ago on the idea you're going to get rate cuts, and that was going to be a principal part of the story, how could you be as bullish on the idea you get fewer. >> we were operating on the premise we might not have to make painful tradeoffs and give up the idea of a fed easing into record high stock market, 3% gdp economies. that's something i've been saying for a while. i look at it a little bit more but the spheric conditions that preceded this moment, the market straight up for five months, no 2% pullback in the s&p 500, a v
we don't want to see iran and israel get into any type of skirmish. i think that's also -- gold is down today but gold has had a huge run. people are putting their hedges on. in addition, we started the year, scott, with six rate cuts and an ai euphoria. i think ai is getting tired, consolidating, and we're dg going to have one cut in december. i think the market is reprising. i think today specifically is more geopolitical as well as yields going higher. >> these are good points being...
0
0.0
Apr 12, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
northern israel as soon as friday or saturday, according to a person familiar with the matter. iran's been public with the threats. you have, just to reiterate, mike, you have brent crude oil above $91 a barrel, wti crude oil surging at the same time where the dollar is surging and gold is surging, and usually, those things don't happen together because gold and oil are prices in dollars. they usually go in different directions. there's definitely a safe haven flight right now, and i would also mention that treasurys are catching a bid today as well. it's not like high rates are spooking the market this morning, because treasurys are getting bid. >> yeah. and of course, as we were sort of kbicombining here, banks ande broader market, i'll come to jpmorgan, not the numbers themselves, more the comments on the media call from jamie dimon. we already got a sense of this from his annual letter, which came out early in the week. but you know, he, once again, is saying, listen, i'm not predicting a recession or no recession. i don't know what the future portends of all the things tha
northern israel as soon as friday or saturday, according to a person familiar with the matter. iran's been public with the threats. you have, just to reiterate, mike, you have brent crude oil above $91 a barrel, wti crude oil surging at the same time where the dollar is surging and gold is surging, and usually, those things don't happen together because gold and oil are prices in dollars. they usually go in different directions. there's definitely a safe haven flight right now, and i would also...
0
0.0
Apr 12, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
tension was iran and israel and u.s. are the highest since 1979. millions of israelis are on edge that iran may be planning a significant attack in retaliation over the consulate building attack. tehran will respond in a way to avoid major escalation. >>> house speaker mike johnson is traveling to mar-a-lago to deliver remarks on election i integrity alongside former president trump. speaker johnson gave few details when pressed by nbc news this week, but a source in his office said the topics of discussion will be non-citizens voting. >>> and o.j. simpson has died. ron goldman called simpson's death no great loss to the world. it is a further reminder of ron being gone. simpson was acquitted of the murders of goldman and nicole simpson brown. simpson was 76. you are up to date for friday's headlines. frank, back to you. >> frances, thank you. have a great weekend. >>> coming up, apple doubling down on the house chips, but do not expect aouscen tchre macbook any time soon. more "worldwide exchange" coming up after this b
tension was iran and israel and u.s. are the highest since 1979. millions of israelis are on edge that iran may be planning a significant attack in retaliation over the consulate building attack. tehran will respond in a way to avoid major escalation. >>> house speaker mike johnson is traveling to mar-a-lago to deliver remarks on election i integrity alongside former president trump. speaker johnson gave few details when pressed by nbc news this week, but a source in his office said...
0
0.0
Apr 10, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
israel has not commented. >>> palestinians living in tent camps in the southern gaza city of rafah are celebrating the end of ramadan. festivities have been overshadowed by the worsening humanitarian crisis in gaza and israel's anticipated ground inr invasion of rafah. >>> up next our "calls of the day." we have activity on five key committee names today which mes 'lanwel debate all of them after this quick break. you founded your kayak company because you love the ocean- not spreadsheets. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire >>> welcome back. let's do some "calls of the day" now. albemarle got upgraded, bryn, at bank of america to a buy from neutral. price target goes to 156 from 137. they cite improving lithium prices. what do we think? >> i think it's a great call. if you're going to buy or be in commodities, you have to buy when there's been blood in the street. this stock has been basing out around 120, 130. i wouldn't be surprised to see us stepping in and ad
israel has not commented. >>> palestinians living in tent camps in the southern gaza city of rafah are celebrating the end of ramadan. festivities have been overshadowed by the worsening humanitarian crisis in gaza and israel's anticipated ground inr invasion of rafah. >>> up next our "calls of the day." we have activity on five key committee names today which mes 'lanwel debate all of them after this quick break. you founded your kayak company because you love the...
0
0.0
Apr 15, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
israel's military chief of staff says they will be a response to the iran attack. btig talking about downside potential, i have rbc on the rising risks. even bull ed yardeni talks about a stall. and renaissance macro says we're not oversold enough and more downside ahead. what do i make? >> i think the reality for the markets is we're not going to see a sustained down turn in the u.s. equity market until we have an earnings problem, which we do not have, and the labor market cracks which is not happening right now. i anticipate the jitters we're seeing are a result of valuations are high and a lot of unde uncertainty. that's been true for months. >> so? that's a reality check that yes, risk has been introduced and any time there's geopolitical risk especially in that region you get a little bit nervous. the market, the rally went up a lot, you know, tax day is today, the selling last week due to that, jpmorgan says they're still bullish and here's why and plays into what lauren is talking about and why we need to debate it. we don't think the rapid reprising in the
israel's military chief of staff says they will be a response to the iran attack. btig talking about downside potential, i have rbc on the rising risks. even bull ed yardeni talks about a stall. and renaissance macro says we're not oversold enough and more downside ahead. what do i make? >> i think the reality for the markets is we're not going to see a sustained down turn in the u.s. equity market until we have an earnings problem, which we do not have, and the labor market cracks which...
0
0.0
Apr 17, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
he made the comment during a visit to israel today. it comes after prime minister benjamin netanyahu insisted israel will do what it deems necessary to defend itself. >>> and former u.s. senator and florida governor bob graham has died. he gained national prominence as the chairman of the senate intelligence committee in the aftermath of the 9/11 terror attacks and as an early critic of the iraq war. he used his opposition as a focal point for his unsuccessful presidential campaign in 2004. bob graham was 87 years old. sara, back over to you. >> thank you, julia. >>> shares of apple and tesla both struggling this year. trading below key support levels. dom chu tracking them as well as the other tech names. dom, paying attention to technicals. >> and specifically one which is the 52-day moving average or 50-day average price on that rolling basis, that medium term trend line some traders use as perhaps a signal about at least momentum and trade. let's talk about alphabet, the parent company of google first. it's up 47%, still solidly ab
he made the comment during a visit to israel today. it comes after prime minister benjamin netanyahu insisted israel will do what it deems necessary to defend itself. >>> and former u.s. senator and florida governor bob graham has died. he gained national prominence as the chairman of the senate intelligence committee in the aftermath of the 9/11 terror attacks and as an early critic of the iraq war. he used his opposition as a focal point for his unsuccessful presidential campaign in...
0
0.0
Apr 11, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
. >>> reports say the attack by iran against israel is imminent after retaliation that killed some senior officials. it is thursday, april 11th, 2024 and "squawk box" begins right now. >>> good morning. welcome to "squawk box" here on cnbc. we are live from the nasdaq market site in times square. i'm becky quick along with mike santoli. andrew is live from seattle. andrew, what do you have coming up today? this is big. >> good morning, becky. we have a big show right here. we are live at amazon's headquarters in seattle for a big interview this morning. couldn't be better timed given the conversations about the consumer and inflation. we will speak this morning with the ceo of amazon andy jassy about just about everything. we will talk about the state of the consumer and a.i
. >>> reports say the attack by iran against israel is imminent after retaliation that killed some senior officials. it is thursday, april 11th, 2024 and "squawk box" begins right now. >>> good morning. welcome to "squawk box" here on cnbc. we are live from the nasdaq market site in times square. i'm becky quick along with mike santoli. andrew is live from seattle. andrew, what do you have coming up today? this is big. >> good morning, becky. we have...
0
0.0
Apr 9, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
you have tensions with the middle east with the israel and hamas situation impacting shipping routes around the red sea and the russia and ukraine situation which is impacting oil capacity across the world. overall, we are looking at a demand situation which could push prices higher. >> you are talking about manufacturing. we are working on a european show. cocoa is more expensive than copper. >> can you believe it? surprising feat. price of cocoa gone up double digits this year. >> a lot of manufacturing and sweet toeeth. arabile, thank you. >>> surging prices is a growing list of factors casting down on the rate cuts this year. the lowest level since october and the new article on ncnbc.co highlights mike wilson who says stocks are pricing in a no-landing scenario. let's bring in jeremy schwartz at wisdomtree. jeremy, good morning. what do you think of the take from mike wilson with no cuts this year? does this mean the economy can move forward in a positive direction? >> we said we were bullish on the markets and not relying on the six or seven cuts the market got excited about. i
you have tensions with the middle east with the israel and hamas situation impacting shipping routes around the red sea and the russia and ukraine situation which is impacting oil capacity across the world. overall, we are looking at a demand situation which could push prices higher. >> you are talking about manufacturing. we are working on a european show. cocoa is more expensive than copper. >> can you believe it? surprising feat. price of cocoa gone up double digits this year....
0
0.0
Apr 17, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
what investors are waiting for now is israel's reaction. they say there's going to be a response to iran. if it's relatively minor, it will set off a rally. if it's something of substance, that's obviously going to be bad news. that's a bit of nervousness around that. >> i have to say, i'm a bit surprised to see things higher after jay powell's comments yesterday. i know we have some fed speakers talking later today, but jay powell said what he said. it was a very clear message. until we get this next pce report, what do you see happening? >> it's not an environmental where they're going to be automobile to do the june cut. if you look at the break-evenings, the 2-year started at 9%. we're at an environment where fed credibility will be tested if the fed cuts into high inflation, strong growth, i think they do miss losing creditability. i think what jay powell said last night makes perfect sense. >> what e h said makes sense, but how do the marjts respond until we get another inflation report that gives us a fairly clear issue? >> a lot of
what investors are waiting for now is israel's reaction. they say there's going to be a response to iran. if it's relatively minor, it will set off a rally. if it's something of substance, that's obviously going to be bad news. that's a bit of nervousness around that. >> i have to say, i'm a bit surprised to see things higher after jay powell's comments yesterday. i know we have some fed speakers talking later today, but jay powell said what he said. it was a very clear message. until we...
0
0.0
Apr 9, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
. >>> israel is buying 40,000 tents ahead of an evacuation in rafah where they have vowed to rout out hamas. the israeli defense ministry did not confirm the purchase. >>> the eiffel tower will be accessorized for the summer olympics. a 49-foot-high structure of the olympic rings will be displayed on the tower overlooking the river sennes. pieces from the tower installation will begin at the end of the month. >>> up next, a big call on big energy. one top firm urangpgdi today. we'll debate the best way to play it next. unlocking th e power of thinkorswim, the award-winning trading platforms. bring your trades into focus on thinkorswim desktop with robust charting and analysis tools, including over 400 technical studies. tailor the platforms to your unique needs with nearly endless customization. and track market trends with up-to-the-minute news and insights. trade brilliantly with schwab. power e*trade's easy-to-use tools, like dynamic charting and risk-reward analysis, help make trading feel effortless. and its customizable scans with social sentiment help you find and unlock opport
. >>> israel is buying 40,000 tents ahead of an evacuation in rafah where they have vowed to rout out hamas. the israeli defense ministry did not confirm the purchase. >>> the eiffel tower will be accessorized for the summer olympics. a 49-foot-high structure of the olympic rings will be displayed on the tower overlooking the river sennes. pieces from the tower installation will begin at the end of the month. >>> up next, a big call on big energy. one top firm...
0
0.0
Apr 17, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
reported that the house o representatives would lump the tiktok ban in a package fo funding for the israel and you crane wars president biden had previously said he would sign the ban int law if congress passes it. >> thank you, steve. >>> still ahead, las vegas sands reporting that stocks had volatile year so far ats at stake and the key themes and metrics to look out for. and more about discovering magic. rich is being able to keep your loved ones close. and also send them away. rich is living life your way. and having someone who can help you get there. the key to being rich is knowing what counts. every day, more dog people, and more vets are deciding it's time for a fresh approach to pet food. they're quitting the kibble. and kicking the cans. and feeding their dogs dog food that's actually well, food. developed with vets. made from real meat and veggies. portioned for your dog. and delivered right to your door. it's smarter, healthier pet food. get 50% off your first box at thefarmersdog.com/realfood hi, i'm kim, and i lost 67 pounds on golo. when i go out with people, they expect me
reported that the house o representatives would lump the tiktok ban in a package fo funding for the israel and you crane wars president biden had previously said he would sign the ban int law if congress passes it. >> thank you, steve. >>> still ahead, las vegas sands reporting that stocks had volatile year so far ats at stake and the key themes and metrics to look out for. and more about discovering magic. rich is being able to keep your loved ones close. and also send them...
0
0.0
Apr 17, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
aid to israel, ukraine and taiwan is split into three different bills and the fourth would be a combination of seizing russian assets, forcing a tiktok sale and putting more sanctions on iran. some of the money in the foreign bills would be positioned as a loan. texts of the bills is expected to be released later today. the speaker faces stiff opposition from some far-right lawmakers. >>> climate change will reduce the world's future income by about 19% by 2050, about $35 trillion per year according to research backed by the german government. the report found while almost all people would suffer the poor and developing nations would be hit the hardest. >>> and ford is recalling over 450 thousand compact suvs and pickup trucks in the u.s. due to a possible loss of drive power. it could be because of a low battery charge and affects ford broncos and maverick pickups from 2021 to 2024. scott, back over to you. >> kate, i appreciate that. >>> "chart of the day," united airlines. (grunting) at morgan stanley, old school hard work meets bold new thinking. (laughter) at 88 years old, we still see
aid to israel, ukraine and taiwan is split into three different bills and the fourth would be a combination of seizing russian assets, forcing a tiktok sale and putting more sanctions on iran. some of the money in the foreign bills would be positioned as a loan. texts of the bills is expected to be released later today. the speaker faces stiff opposition from some far-right lawmakers. >>> climate change will reduce the world's future income by about 19% by 2050, about $35 trillion per...
0
0.0
Apr 11, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
wework is very profit like in israel, india, and a lot of european cities. if i were to wave the magic want, i would take the things that i just spoke about flow, our values of give and grow, we talk a lot about flow, about giving. giving is receiving. our residents, they are very excited about giveback. our employees are excited about giveback. >> you did that with wework, as well. >> we did a lot of it, but i feel like in flow, we're taking the best of the best and putting that in the dna on the first day. that's the big difference. s i'll take the best things from flow, from giveback and values and integrate them into wework that will involve the problem. >> adam neumann, thank you very much for spending time with us today. >> thank you very much. >> tyler, i'll hand it back over to you. >> deidre, thank you very much, deidre. >>> let's get some reaction from two folks familiar with the world of startups and venture capital. welcome to both of you. gentlemen, i'm going to confess that as i listened to that, my skepticism antenna were high. i wonder, dunca
wework is very profit like in israel, india, and a lot of european cities. if i were to wave the magic want, i would take the things that i just spoke about flow, our values of give and grow, we talk a lot about flow, about giving. giving is receiving. our residents, they are very excited about giveback. our employees are excited about giveback. >> you did that with wework, as well. >> we did a lot of it, but i feel like in flow, we're taking the best of the best and putting that in...
0
0.0
Apr 11, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
intelligence saying there would be a -- an attack on israel from iran. that's what -- >> saw that. >> that's what moved us down in the late afternoon. >> you surprised, by the way, that the markets overall have just shrugged off the level of hostility in general? i mean, in terms of ukraine, which continues to be an all-out war. >> yeah, and it looks like -- >> not to mention what's going on in the middle east. >> if this was 1943, we would say that ukraine is losing, not unlike what was happening in russia in '43. i do think, david, that there's a war premium to oil, and that's -- that seems to be the only place that really is -- >> that it shows up. >> that impacts the stock market. is the market callous or just saying, look, what does that have to do with the price turnings ratio of bristol myers? >> not much. i got paramount. you know, jim, it's funny. i know paramount is a small -- relatively small company. the amount of interest in it is incredible, i have to tell you. there's not a day that doesn't go by that i don't get a number of phone calls fr
intelligence saying there would be a -- an attack on israel from iran. that's what -- >> saw that. >> that's what moved us down in the late afternoon. >> you surprised, by the way, that the markets overall have just shrugged off the level of hostility in general? i mean, in terms of ukraine, which continues to be an all-out war. >> yeah, and it looks like -- >> not to mention what's going on in the middle east. >> if this was 1943, we would say that ukraine...