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'Leap of faith' inflation rate will improve in next couple of quarters: Former Dallas Fed president
CNBC Television· 2025-11-13 22:03
Joining me now is Robert Kaplan, Goldman Sachs vice chairman and a former Dallas Fed president. Robert, great to have you on. Um, you call this um uh this decision an agonizing one for uh Fed voters uh in this coming meeting.I guess given the fact that labor market is definitely softened up um and we still have inflation sticky above the target. What do you think is going to uh kind of break the majority in one direction or another. Yeah, I think this is one time where the market probabilities at 50/50 have ...
Expecting the longest run of earnings growth in the energy sector: Jefferies' Julien Dumoulin-Smith
CNBC Television· 2025-11-13 21:43
Jeffre analyst Julian Demulan Smith brings some utility stocks he loves as well to set. Julian, great to have you on set. It's not for everybody, but this idea that data centers is going to raise costs is not true.It sounds like they're going to raise earnings, though. >> Oh, you better believe it. They they are certainly going to raise earnings.I mean, look, they're looking they're not your father's utilities, right. Let's be honest to ourselves. I mean, the backdrop here is we're looking at the longest ru ...
There's fear and a bifurcated view on equity markets, says KKM Financial's Jeff Kilburg
CNBC Television· 2025-11-13 21:42
Let's bring in Jeff Kilberg as well. Jeff Kilberg, CEO of KKM Financial. Jeff, you correctly called the last time we had a market drop.You said buy the dip. It worked out. It paid off.I want to kind of go through my crummy list here. Or maybe you can do this, Christina. There's four things. >> There's four. No, four.I can't read my own writing. Four things. We got the Scotas decision on tariffs.We don't know when that's coming out. November 19th is Nvidia Day. November 21 20 21st is Russia sanction day. And ...
XRP rises as first U.S. spot XRP ETF launches on the Nasdaq: CNBC Crypto World
CNBC Television· 2025-11-13 21:28
Today, Bitcoin falls to the $100,000 level. The first ever spot XRP ETF in the US starts trading on the NASDAQ. And Roshan Robert, the US CEO of OKX, breaks down a new decentralized exchange trading feature on the platform's app.Welcome to CNBC's Crypto World. I'm Talia Kaplan. Major cryptocurrencies trading lower as of midday along with stocks with technology weighing on the major averages.Investors are also growing pessimistic about the prospect of lower interest rates even as the US government reopens af ...
Solid gold toilet called 'America' up for auction
CNBC Television· 2025-11-13 21:01
It is going to be the most expensive toilet ever sold and the talkofthe-art auction market. It is called America, a solid gold toilet made by the same artist that brought us that $6 million banana. Now, the weight in gold alone, it's 220 lb of 18 karat, would be at today's prices worth more than $13 million.So, the big question will be what a collector will pay for it as a work of art. It's all part of the auctions next week. $1.4% billion worth of art coming up for auction.All further proof that the art ma ...
Disney's retained earnings outlook is encouraging, says Rosenblatt's Barton Crockett
CNBC Television· 2025-11-13 20:29
bring in Barton Crockett who's a senior analyst at Rosenblat Securities along with Julia Boren. I always love it when we get to sit at the same table together. Julia, let me ask you, when they're talking about being broad, are they trying to be all things to all people at all times.>> I think it's really about general entertainment that's founded with its sort of origin on this this family brand of Disney. And if you look at the strength of this new bundle, they said of new subscribers to their ESPN app, th ...
December rate cut being in question is a headwind for equities, says Evercore's Julian Emmanuel
CNBC Television· 2025-11-13 20:25
But your first guest today says don't be deterred. He thinks the S&P 500 will power up next year all the way to 7750. Let's start off a big day with Julian Emanuel, senior managing director of equity, derivatives, quantitative strategy at Evercore ISI.Julian, welcome. One day not a trend make, but do you have a take on what's happening today. >> Well, this is a classic buy the rumor, sell the news.Right. So the market turned last Friday on anticipation of the government reopening and essentially if you look ...
MacQuarie's Chad Beynon: Here's why Flutter is trading at a nice entry point for investors
CNBC Television· 2025-11-13 19:42
Joining me now to discuss is Chad Banan who's the senior gaming, lodging, and theaters analyst at Mcquaryy. Uh this was expected because we knew they had partnered with CME Group. But the announcement that they're launching in December and have said we're all in on sports betting where we're not already operating legal sports book is maybe somewhat of a surprise because there's been some reticence.State uh regulators have said in Nevada for instance, if you do this, we're not going to give you a gaming lice ...
30-year auction comes in soft
CNBC Television· 2025-11-13 19:40
All right, it is a riskoff day for bonds as well. The government reopens and bond yields, they're going back higher, back above 4.1%. Let's get more now with Rick Santelli in Chicago.You can comment on the Fed bond market as you prefer, my friend. Well, let's start with the 30-year bond auction. It was the last of a three-part series of Treasury supply releases.the 30-year 25 billion completed 125 billion of coupon supply on Monday, Wednesday, and today. Look at the six-hour chart right straight up at 1 Eas ...
WNBA's Las Vegas Aces coach: 'The players should be making more than coaches'
CNBC Television· 2025-11-13 19:30
Well, I completely agree with with Nefisa that the players should be making more than coaches. There's no doubt about that. Uh the CBA hopefully will bump up their salaries substantially.Um they deserve it. They've earned it. Um what those numbers I I can't throw out a specific number.I don't know the numbers, but they're due for a huge increase um in in salary. And it's got to be, you know, something that that is sustainable. And I think that's the biggest thing you got to remember that this league is stil ...