Retail giants like Walmart, Home Depot, and Target, as you can see there, are scheduled to report their earnings throughout the course of the week as investors continue to gauge the state of the consumer. Our next guest says the outlook is bleak going into the holiday season as rising inflation weighs on the consumer health with lowincome consumers getting squeezed the absolute most. For more, let's bring in Jihan Ma, the senior analyst over at Bernstein, who covers many of these uh retailers.Jihan, thank y ...

Market Trends & Investment Opportunities - Bitcoin experienced volatility, falling approximately 8% between the previous Monday and Friday, dipping under $95,000 over the weekend, and sitting at about $95,570 on Monday morning [1] - Berkshire Hathaway took a nearly 18 million share position in Google parent Alphabet, worth roughly $5 billion [1] - The market is closely watching Nvidia's third-quarter results, which are due after the bell on Wednesday [1] - Key retail results are expected from Home Depot, Lowe's, Target, and Walmart [1] - Saudi Arabia has pledged hundreds of billions of dollars in US investments [1] Economic Policy & Impact - President Trump is cutting tariffs on over 200 food products, including coffee, beef, bananas, and tomatoes, as certain foods could be exempt from tariffs since they're not grown or processed in the US [1][2] - The administration is working on plans to address voter frustrations over the cost of living, potentially including striking more deals with pharmaceutical companies and greenlighting more offshore drilling [3] Financial Analysis & Risk Assessment - A bond investor is recommending a 20% cash position to hedge against a severe market downturn, citing concerns in the private credit market, which is close to $2 trillion [3] - RBC Capital indicates a plain old-fashioned valuation problem, with AI stocks carrying the weight of the market, but there is still a tremendous amount of jitters around those AI stocks [1][3] - Margin debt is hitting a record high, which in the past has correlated with S&P consolidations [5] Economic Outlook & Labor Market - The Bureau of Labor Statistics is set to release the shutdown-delayed September jobs report on Thursday [1] - There could be a quiet time in the labor market because firms are finding that AI is making their workers so productive that they don't necessarily have to hire the new kids out of college [4]

Defense Innovation & Strategy - Pentagon's new "critical technology areas" (CTAs) serve as a roadmap for defense innovation, influencing DARPA and university research [2] - The focus on speed and adaptation is driven by China's increased defense investment and the impact of the Ukraine-Russia war on perceptions of drones, autonomous systems, and AI [3] - The evolving threat environment necessitates a reassessment of the technology portfolio to ensure it is appropriately sized [4] Defense Market & Investment - 2023 is projected to be the biggest year for defense startups in terms of deal value since 2021, indicating a growing market [5] - The defense sector has consolidated from approximately 50 contractors post-Cold War to about 5-6, creating opportunities for new entrants [5][6] - New priorities in defense technology will influence the flow of defense dollars and signal investment opportunities for private capital [7] - There is potential for the government to take stakes in companies deemed critical for national security, similar to the Intel model for chip manufacturing [8][9] Global Competition - The US aims to maintain its lead in innovation and prevent China from surpassing it in critical technology areas [10] - Other countries, including Germany, Europe, and Japan, are also working to counter China's potential dominance [10] - The proliferation of open-source models, particularly those originating from China, is a factor in the global technology landscape [11] - Export bans on advanced GPUs are considered appropriate to limit China's access to cutting-edge technology, but China is expected to continue developing its own capabilities [12]

Today marks 5 years since the Jot ETF was launched. Since its inception, it is up 69%. Joe sat down, look at that mug right there.Look how happy he is. He sat down with CNBC Pro to talk about the fund's performance and of course his strategy. And you can scan the QR code right on your screen or you can go to cnbc.com/jotpro talks. Either way, be sure to check it out. How I mean, look at that face.Thank you for that. Five years. Congratulations.I can't believe it's been five years. >> It's been five years. T ...

Labor Market & AI Impact - Youth unemployment is approximately 180% of the average worker's unemployment rate, raising concerns about its potential impact [5] - The advent of AI is causing job displacement, similar to the introduction of computers, leading to higher youth unemployment [4] - Companies may not achieve the expected returns on AI investments in the short term, impacting hiring decisions [6] - The integration of AI requires not only technology but also process and cultural changes within organizations, which takes time [8][9] Consumer Sentiment & Spending - Upper-income individuals are beginning to worry about their children's job prospects, negatively affecting consumer sentiment and spending [2] - The Fed should avoid actions that could negatively impact the US consumer, especially during the holiday shopping season [13] - If the market anticipates a rate cut and it doesn't happen, consumer spending could be negatively affected [14] Monetary Policy & Inflation - The Fed should prioritize high growth over strictly adhering to a 2% inflation target, given stable inflation expectations [12][15] - Even with the Fed's actions, inflation is likely to remain around 3%, suggesting limited control over this factor [14]

Event Summary - President Trump met with the White House Task Force on FIFA World Cup 2026 on Monday, November 17, 2025 [1] Media & Access - CNBC provided live and exclusive video coverage of the meeting [1] - CNBC encourages viewers to subscribe to CNBC PRO, CNBC TV, and CNBC for business news and analysis [1] Social Media Engagement - CNBC promotes its presence and news updates across various social media platforms including LinkedIn, Instagram, Facebook, Threads, X (formerly Twitter), and WhatsApp [1]

The rate that financial institutions charge each other for lending on collateral collateral that critical repo rate has been the subject of some concerning volatility in the past several weeks and it has gained the attention of market participants and the Federal Reserve. A New York Fed official confirming to CNBC over the weekend that President John Williams quietly convened a meeting with representatives of most of the 25 primary dealers, urging them to continue using the Fed's new standing repo facility, ...

As we mentioned earlier, good news. FAA lifting all restrictions on commercial flights today ahead of the Thanksgiving holiday, but airlines are still facing hits to their bottom lines from the shutdown. Philo here with the details.Phil, how bad is it going to be >> it that. Well, we don't know because we don't have the final numbers. We do now, but the analysts are now just putting those numbers together in terms of what the impact will be for the fourth quarter.We'll talk about that in a little bit. In te ...

The president uh is constantly saying prices have come down. Now inflation is still 3%. It's still too high.Now oil prices, energy prices, there are certain uh things where they have come down. But when you keep saying prices are falling, that's not true. Uh because inflation is still it's the 3% is on top of all the inflation we had uh during the Biden years.So we got all that inflation plus an additional 3%. And we should I think you should admit that >> a more a more precise way to say it though, Joe, is ...

Greg Tuorto, Goldman Sachs Asset Management portfolio manager, joins CNBC's 'Squawk on the Street' to discuss why he's bullish on small caps, expectations for small caps in the next Fed rate cut cycle, and much more. ...