What's being priced in. I mean, essentially, any time we get clarity, people say, oh, that's priced in. But the clarity is different every single day, whether it's the clarity of what kind of rate we're talking about with tariffs or the clarity of how big the US deficit is going to be, All of these worries that we had earlier in the year that are now being shrugged off as priced in, how do you determine between rational versus numb.I think it is entirely rational because when we look, for example, at what i ...

Are there going to be marketked market implications given what we already know about the big beautiful bill. There certainly will. I think the biggest one will be removing some uncertainty.So I think it's been pretty consensus that the bill would get through. I think that's why you're seeing a little bit of a muted reaction this morning. Um I think most corners will will be breathe a sigh of relief.And the main thing is we set the playing field for the second half of the year. So we'll know what the legisla ...

Welcome back. Stocks begin the second half with a good amount of momentum. Can it last is the question.Let's ask Abby Yoder. She's chief equity strategist at JP Morgan Private. Thanks.Nice to see you again. Nice to see you. You were pretty bullish, I think, the last time you were here handful of weeks ago.I think you still are, right. Yeah. Yeah.I mean, I think Yeah, we were talking about this and I was mentioning our bull case which has the S&P at around$7,000 in the middle of next year. And it seems like ...

Welcome back. The S&P 500 NASDAQ hitting record highs this morning as we close out the first half of the year. Joining us now, Apollo global management chief economist Torson Sllock to give his outlook for the economy in the second half of the year.Torson, very good morning to you. Good to see you. Thanks for having me.Um, just that snapshot on what we learned there from Kevin Hasset and the developments over the weekend. Is is your expectation that the big beautiful bill ultimately does whether it's this w ...

All right, it's a holiday shortened trading week. Yay. And today is the last day of the second quarter.The S&P 500 and the NASDAQ both closing at record highs on Friday. So, let's talk markets right now with Stephanie Link, the chief investment strategist and portfolio manager at High Tower Advisor. She's also a CNBC contributor.Steph, we're looking at some pretty decentsized gains in the futures this morning. The Dow's up by 225 points coming after all the gains that we've seen recently. And I think when I ...

Let's bring in Max Kentner, HSBC's chief multi-asset strategist to talk about this close. Max, you know, I sit here the S&P 500 at 6142. It's a couple of points from the closing high from February 19th.Uh does it make sense that we're back here. Yeah. Um I think it does.It absolutely does because when we look at the earnings picture, that actually uh does really still look resoundingly good. And when we look particularly at uh forward earnings, when we look at Q2 earnings expectation, it is actually bizarre ...

As stocks continue to rise, we talked about this. The S&P is just like 17 points off a record high right now. And my next guest says the underlying trend remains positive for equities, including for the large caps, which she likes here.Kate Morris, CIO at City Wealth. Kate, anything about the Fed here affect your your view on stocks. Look, weak dollar is certainly got to be a boost, although maybe it's not about the Fed, as Muhammad just said.Yeah. Well, look, I think the equity market is looking past anyth ...

And Andrew, this round trip that we've seen over the past few weeks really begs the question as to what is driving it. Is this just a sentiment driven rally. Is it technical or is there a fundamental case to be made for being back at these record highs.Yeah, remain here. The fundamental I mean, you listed two great reasons, you know, the politics, geopolitics coming down bad, almost another one which is in the first quarter, companies beat estimates significantly. And if all else was equal, then Wall Street ...

Welcome back. Stocks near some session highs. Every sector currently green except energy led by consumer discretionary this morning.Joining us here at Post9 is Tom Lee, Fundstrat Global Adviserss, head of research and Fundstrat Capital chief investment officer, also a CNBC contributor. Tom, it's good to have you. Welcome.Talk about confounding expectations, wouldn't you say. What do you make of this morning's action. Well, you know, in some ways it's not a surprise because as you know, like Art Cashion had ...

Back. It's a question almost every investor is thinking about given the uncertainty in the markets. Are stocks overvalued at current levels or not.Well, who better than the so-called Dean evaluation to weigh in. Oswerin of NYU Stern School of Business joins us now. It's good to see you.What What would your answer be. Well, if you thought stocks were fairly valued at the start of the year, you got to think they're fairly valued still because you come through a trial by fire. And it's amazing to me that stock ...