Economic Outlook - The economy continues to be relatively resilient with some robustness in demand from both consumers and firms [7] - Labor market has softened with slower job growth, but the unemployment rate remains relatively low [7] - Inflation remains elevated, largely due to goods and tariffs [7] - Economic growth is likely to slow a bit later this year but is expected to pick up with solid fundamentals [8] - There's evidence that demand got pulled forward [7] - Productivity growth is robust, helping to reconcile solid demand with a softer labor market [19] - Potential growth rate could be somewhat stronger, which would be good news [21] Monetary Policy - A mildly restrictive policy is considered appropriate to ensure a return to disinflation [9][10] - Hesitancy towards further rate cuts in December, considering resilient demand and potential pressures on prices [11] - Overall financial conditions are on the accommodative side [15] - Maintaining a mildly restrictive policy is appropriate to ensure disinflation, with a cautious and gradual normalization over time [23] Global Landscape - Increases in global risk and uncertainty are impacting the US economy [25] - Potential increases in global fragmentation, affecting flows of trade, capital, labor, and technology [25][27]

Lots of Fed speak today. All of it hits as September's mixed jobs report adds some new uncertainty over whether the Fed will move ahead with the December rate cut. Joining us right now is Richard Fiser.He is the former Dallas Fed president, also a CNBC contributor. And Richard, we have talked so much about will they or won't they um that it gets a little tiresome, but you see the action with the market yesterday and it makes you realize that you know the market is kind of hinging to some extent on what the ...

Mergers and Acquisitions - Netflix, Paramount, and Comcast submitted offers for Warner Brothers Discovery, with Netflix and Comcast interested in the studio and streaming businesses [1] - David Ellison aims to merge the entire Warner Brothers Discovery with Paramount to compete with tech giants [1] Stock Market Performance - Nvidia's shares are declining, down by more than 65% week to date in pre-market trading [2] Funding and Valuation - Prediction market Koshi raised $1 billion in its latest funding round, valuing the company at $11 billion [3] - Koshi's valuation increased from $5 billion to $11 billion in less than two months [3] Other Investments and Deals - Crowdstrike's CEO has invested in the Mercedes AMG Formula 1 team [3] - The deal values the Mercedes AMG Formula 1 team at $6 billion [4] Art Market - A Frida Kahlo painting sold for $547 million, setting a record for a female artist at auction [4]

story. I want to bring into this conversation uh Bill Egan. He is the chief investment officer of the Absolute Return Fixed Income Group at JP Morgan Asset Management.Uh we've had a wild ride in the equity markets. Uh it's been quite a thing to to see. >> These guys are stuck.>> Yeah. Given the inflation picture and the unemployment picture, they're smacking against each other in the wrong directions. >> Yeah.What's interesting, Andrew, is um you know, 10 and 30-year yields are higher now than when Fed fund ...

All right, welcome back everybody. CNBC has learned that healthcare industry leaders have sent a letter to President Trump to the Health and Human Services Secretary Robert F. Kennedy Jr.. and the head of the FD FDA, Dr. . Marty McCary. The leaders who are speaking up here are lod lodging some frustration with the FDA when it comes to approvals of potentially life-saving therapeutics for rare diseases.The group of U letter signitories are made up of biotech leaders, patient advocates, and academics who work ...

Before we get started with the lighting round, listen up. Black Friday came early. This is a special deal to join the CBC INVESTING CLUB RIGHT NOW.YOU'LL GET MY top market calls and every move inside the travel trust. Scan the QR code or head to cmbc. com/ Kramer Club.AND NOW IT IS time for the light round by step my step and then the lighting round is over. Are you ready ski daddy. Time for the light but still go to Ryan Ohio.Ryan >> booyah Jimbo. >> Booyah. >> What do you think about rocket companies.RKT. ...

Listen to Jim Cramer’s personal guide through the confusing jungle of Wall Street investing, navigating through opportunities and pitfalls with one goal in mind - to help you make money. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Watch CNBC on the go with CNBC+: https://www.cnbc.com/WatchCNBCPlus Turn to CNBC TV for the latest stock market new ...

Market Analysis and Investment Strategy - The market experienced significant intraday reversals, highlighting the risk even when companies report strong earnings [2][5] - Suggests holding on to investments during market volatility, advocating for inaction as a valid strategy [2] - Recommends selling losers to buy winners during market downturns as an acceptable strategy [3] - Pattern recognition is crucial, and the current market pattern is concerning, indicating potential for further pain [7] - Advocates owning Nvidia rather than trading it, despite the recent volatility [7] - Identifies a correlation between Nvidia's trading and Bitcoin, noting the potential impact of leveraged Bitcoin positions on tech stocks [15][20] - Warns against speculative investments like quantum computing, alternative energy, and Bitcoin derivatives until a market washout occurs [23] - Suggests waiting before making buying decisions and identifying potential bargains, particularly in high-quality tech stocks [25][26] Company Specific Analysis - Nvidia reported astonishing sales, earnings, and gross margin numbers, but the stock still experienced a significant intraday swing [4][5] - Demand for Nvidia's chips is extraordinary, with customers making excellent money using them [9][10] - Notes that Micron, Sanders, and Western Digital have become momentum plays, with a Morgan Stanley analyst using the term "supercycle," which historically leads to a top [12] Economic Factors - Strong employment numbers may lead to no rate cuts this year, negatively impacting speculative stocks [22]

asked Darcy about the open AI partnership he announced earlier this week where chat GPT users will be able to access into it services within that app >> three aspects that that I'll mention uh experience sort of the data and models and then the third is economics on the experience this is a gamecher uh the reality is you have 800 million uh weekly uh active customers that are engaging within chat GPT and that's growing and these folks have a relationship with chat GPT and uh up until today when they have fi ...

How is the central bank looking at this data. Let's bring in Ben Emmens, founder and chief investment officer at Fed Watch Advisors. Ben, it's good to have you.There is such a data vortex right now. How much stock should we put into the September report, the revisions from August and net net what that means for the Fed. >> Hi Lesie.Well, I I felt it was a bullish report because as you mentioned, this unemployment rate rising was really for the good reason. You know, the report showed there was about 475,000 ...