Mac, tell us about Bitcoin. We're just showing it and there's red all over the board. >> Yes, there is, Scott.Bitcoin in the broader crypto market is under pressure today, breaking from the strength that we're seeing in tech equities. Bitcoin trading at that 88k level and altcoins like XRP are in the red. Spot Bitcoin ETFs are net negative on the week, a sign that institutional demand is cooling for now.Analysts, they say this looks like classic year-end tax laws selling as investors lock in write-offs. And ...

All right, Mike. I mean, I I told you at the top, maybe I lied. I said bears are hard to come by.>> No, I think in general that's correct. And it was but it's also sort of in line with what I was trying to say where I think we are the market is taking credit for this reaceleration story in the first quarter. And I think we can identify those things.Everyone talking about, oh, $150 billion more in tax refunds. Okay, that's 6% of annual personal disposable income. That's what we're getting excited about.and i ...

The roaring 20s are alive and well. That according to our next guest, Ed Yard Denny. He's the president of Yard Denny Research.He joins us now. It's good to see you. So, we were just a little delayed on the roaring 20s, maybe thanks to co and here we are about to regroup.>> Well, I think we've been doing pretty well since uh since the beginning of the of the decade. I mean, think of all the uh shocks that the economy has been hit by the pandemic, the lockdowns for two months. Uh then the social distancing, ...

I want to get to a move that you have as well uh in the best performing sector of the quarter which is healthcare. So you got the news today on the FDA approving the first GLP-1 pill uh from Novo. You like animal health you have and you bought more Zoetas.Tell us why. >> Do you know it's been uh not since March of 2021 where this stock Zoetas has traded at a discounted multiple to Elanco. Now congrats to Lanco.I happen to own it but it's up 81%. It's a turnaround story. I'm inclined to take more profits the ...

Market Trends & Economic Indicators - GDP增长远超预期，达到4.3%，为2023年第三季度以来的最高水平 [1][9] - 个人消费增长3.5%，储蓄率为4.2%，高于历史平均水平2% [9][10] - 生产力出现数十年未见的增长 [11] - 全球范围内利率都在上升，日本今年已两次加息，年初加息50个基点，最近又加息25个基点 [4][5] Interest Rate & Monetary Policy - Apollo的Torstston认为长期利率将维持在较高水平 [1] - 德意志银行提高了收益率预期 [1] - 市场可能需要重新考虑美联储采取鹰派立场的可能性 [2][16] - 市场已消化了美联储可能放松政策的预期，这对小盘股等板块有利 [3] - 长期利率可能维持在3%-4%的水平，而非0%-1% [6] - 如果美联储采取更强硬的立场，市场可能会出现波动 [17] Investment Strategy & Risk Management - 投资者应为长期高利率做好准备 [1][13] - 在利率波动较大的情况下，投资者可能更倾向于大型股和优质金融股 [15] - 建议投资者在市场强劲时适当降低风险，例如减少成长型股票的配置 [19][20] - 美国10年期国债收益率自2023年6月以来一直未低于3.5%，在此期间标普500指数上涨超过60% [14] Earnings & Equity Market Outlook - 标普500指数在2023年上涨24%，2024年上涨23%，目前已上涨17% [9] - 在GDP增长2%的情况下，企业盈利通常增长8%-10% [11] - 预计明年企业盈利将实现10%到15%左右的增长 [12] - 即使经济数据表现良好，未来的经济走向更为重要 [19]

us now. We just had a a long and substantive conversation about the markets. It seems to be bulls are abound.Are you. >> Yeah, it's hard not to be. I mean, we had a great conversation to start the show.I look at next year, Scott, and I try to think, can the markets continue if we take away two of our big headwinds. And you touched on it in both cases. If we lose the AI trade where it's a rising tides lifting all tech trade and if you lose a doubbish Fed, can the stock market move higher.And I think it can. ...

APPROVES THE FIRST WEIGHT LOSS PILL. WE'RE FOLLOWING THAT STORY. WE WILL RIGHT INTO THE CLOSE UP 6.5%.ALL OF IT TAKES US TO OUR TALK OF THE TAPE, THE ROAD AHEAD FOR THIS BULL MARKET. LET'S WELCOME IN OUR PANEL FOR SOME ANSWERS. TRIVIA ADAM PARKER, NEW EDGE WEALTH'S CAMERON DAWSON AND REQUISITE CAPITAL'S BRYNN TORKINGTON BOTH ADAM AND BRYNN ARE CNBC CONTRIBUTORS.IT'S GREAT TO HAVE EVERYBODY WITH US. AS I SAID, BRYNN, WE ARE HEADING FOR ANOTHER RECORD CLOSE ON THE S&P 500. HOW DO YOU FEEL ABOUT THINGS AS THIS ...

Today, Bitcoin falls following the release of new economic data that came in well above expectations. The digital asset community reacts to key crypto ally Senator Cynthia Lumis announcing her retirement. And former CFTC acting chair Caroline Fam discusses what she hopes to achieve in her new roles at Moon.Welcome to CNBC's Crypto World. I'm Talia Kaplan. Major cryptocurrencies in the red despite the release of new economic data that came in well above expectations.As of noon Eastern, Bitcoin slid to the $8 ...

HASSETT, WHO MADE THOSE COMMENTS OVER THE WEEKEND. HE ALSO REITERATED TO CNBC THIS MORNING THAT THE CONSUMER IS STAYING RESILIENT BECAUSE AMERICANS ARE OPTIMISTIC ABOUT INCOME GROWTH IN THE YEAR AHEAD. BUT MY NEXT GUEST SAYS THERE'S A BIG RISK ON THE HORIZON AND ONE THAT WILL COME BEFORE THOSE TAX REFUNDS HIT.JOINING US TO DISCUSS IS TD COWEN'S CHRIS KRUEGER. CHRIS, IT'S GOOD TO SEE YOU. AND YOU'RE TALKING ABOUT THE OBAMACARE SUBSIDIES, RIGHT.>> GREAT TO SEE YOU AS WELL. THAT'S CORRECT. THEY'RE GOING TO EXP ...

Economic Growth and Unemployment - The decoupling of jobs and growth could impact markets [1] - US growth was 28% in 2023 and 29% in 2024 [2][3] - The unemployment rate rose from 35% to 38% in 2023 and from 38% to 41% in 2024 [3] - A 35% to 4% growth rate with unemployment at 5% by the end of 2026 is a possibility [9] Productivity and Technology - America is becoming more productive [2] - COVID-19 forced increased productivity with fewer people [4][5] - Remote work and getting the right people into the right jobs contributed to productivity [5] - AI's impact on job creation is uncertain, but new jobs may be required for content moderation [10][11] Future Outlook - The exciting part of this is that we are supercharging this productivity story [8] - Deregulation and tax changes from the new administration could enhance productivity [8] - The focus should be on looking ahead rather than dwelling on the past [7]