So, let's go a little deeper here on on what's been winning and you you know because we've been talking about it a lot lately of this healthc care trade. Biotech has been rallying after a couple years of underperformance. It has come to life and in a big way as I said monthto date 6.5% for that space.New 52- week high for healthcare. The XBI is coming off a fresh high for this year. Bill, you bought more Amgen which hit a 52- week high today.Carrie owns it in her charitable trust. Tell us more. I I think we ...

Stock Recommendations - Chem is still oversold, trading at 15 times earnings with a 5% yield [1] - Thermo Fisher (TMO) is driving the healthcare sector move and could break out above $600 [1] - Web Tech is an infrastructure play related to rails and rapid transit, selling below market multiple [1] - Berkshire Hathaway is on the upswing following Wall Street commentary [2] Market Overview - The Dow Jones Industrial Average is down approximately 500 points [2] - The market is showing a lot of red, indicating a down day [2]

Market Outlook - Short-term market weakness is attributed to reduced expectations of a December Fed rate cut, but the market's underlying strength extends through 2026 due to a better profit cycle [2][3] - The market is factoring in a better profit cycle through 2026, supported by easier financial conditions and liquidity [3] - Taking advantage of market weakness is advised, as the current situation lacks fundamental news [6][9] Key Economic Drivers - Digital infrastructure, beyond just AI, is a significant driver, with substantial room for growth [4] - Boomer spending in travel, leisure, and entertainment is masking weakness in lower-end consumer spending, contributing to overall healthy consumer spending [4][5] - Profit momentum is a crucial factor driving the market, creating a flywheel effect [5] Portfolio Strategy - Overweighting equities is recommended, utilizing market weakness for strategic entry [9] - A neutral allocation to non-dollar assets is advised for dollar-based investors, acknowledging slowing growth in Europe and the UK, but picking up in Japan [12][13] - Concerns about an AI bubble are premature, as debt financing has not yet reached levels that cannot be substantiated by cash flows [9][10]

Wells Fargo upped its price target from 60 bucks to 75, implying a 15% upside from here. Let's bring in the analyst behind the call, Ike Borshaw, senior analyst at Wells Fargo Securities. What kind of visibility did you want that you got.>> Yeah, uh, thanks for having us. Um, I think it's twofold. I I think there's two things on revenue that are really starting to take hold.And remember, we're about 12 to to 15 months into new CEO Elliot Hill's tenure. So, the timeline kind of makes sense, but number one, t ...

you are the newly named independent chairman at Verizon for the newly named CEO Dan Schulman. Why the change and what's going to be different at this point. >> Um Verizon has gone from number one in market cap bond ratings and and share to number three.Um, and the network isn't as differentiated as it used to be in large part because everybody's been spending money to put these 5G networks in place. So, losing 30% share over the last 8 years is an issue. The board needed to act and we acted. ...

Company Performance - Disney beat earnings expectations but missed on revenue [1] - TV networks and a soft theatrical slate weighed on results [1] Strategic Focus - Discussion of Disney's streaming strategy [1] - Focus on theme parks [1] Industry Issues - Discussion of the YouTube TV blackout [1] - Explanation of rising insurance premiums [1] - Examination of the path ahead for the ACA (Affordable Care Act) [1] - Analysis of what it will take to rein in the country's soaring health care costs [1] Government & Policy - Government starting to reopen after President Trump signed a funding bill, ending the shutdown [1]

President Trump signs an executive order on foster care at the White House on Thursday. 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 Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: http://www.cn ...

Boston Fed President Collins speaking yesterday at a community banking conference, taking a cautious tone around the path forward for rate cuts. A view that is echoed by our next guest. Joining us here at Post 9 this morning is former Minneapolis Fed President Gary Stern.Gary, it's great to have you back. Good morning. >> So Collins, Daly, Bostic, sort of this school that maybe it's good to slow down.>> Uh yes, and I would agree with that. I don't think first of all I don't think there's a compelling ration ...

We're joined this morning at here at Post9 by Alan Rexoffen, senior portfolio manager for UBS Global Wealth. Talk about sort of the week we've had riding coming off of some record highs at least on the Dow. What do you think's happening now that the shutdown is finally over.>> Yeah, I think that it's and thank you for having me back. I think it's exciting to be able to see what the next phase of this bull market is because we are in a in a position where we have the Fed on a track to lower interest rates. T ...

Impact of Government Shutdown - The Small Business Administration (SBA) was prevented from delivering over $5 billion in loans to approximately 10,000 small businesses due to the government shutdown [1][2] - The shutdown potentially cost the American economy $100 billion in economic activity and 60,000 lost jobs [5] - The SBA is rapidly processing delayed loans to reopen Main Street [3] Economic Outlook and Small Business Confidence - Small business confidence is at a 7-year high and above its 52-year average, even amid the shutdown [8][9] - GDP growth was 3.8% in the last quarter, and wages are growing faster than inflation for the first time in four years [6] - $17 trillion is expected to come into the country, much of which will be deployed at small businesses [6] Labor and AI - The percentage of small businesses mentioning labor quality as their single most important problem jumped to 27%, up nine points month over month [11] - The SBA is focused on skilled labor opportunities, working with Secretary Chavez Dreamer to support an initiative to have over 1 million apprentices [13] - AI is expected to level the playing field for small businesses, enabling them to compete with larger businesses [16] Trade and Investment - The United States is a source of about 60% of the world's capital, being invested at unprecedented levels [19] - Over $100 billion in total capacity is going out to small businesses, reflecting their confidence to invest, borrow, grow, and hire [20] - Fair trade policies are expected to bring back industries and enhance national security [24]