Economy & Finance - The President is focusing on affordability, acknowledging that prices are too high and touting a new slogan: "Make America Affordable Again" [1][2][23][25] - Housing and groceries are up nearly 30%, while electricity and gas are up almost 40% [1] - The Federal Reserve is expected to make a major decision on interest rates, potentially cutting rates by a quarter point to support the job market [1][2] - AAA predicts a record-breaking 122 million Americans will travel during the holiday season, with air travel expected to surpass 8 million people [1][2] - The Powerball prize is soaring to nearly $1 billion [1] Social Media & Technology - Australia becomes the first nation to ban social media for children under 16 [1][7] - A million social media accounts have been deactivated across Australia due to the ban [7] - Two-thirds of the world's internet traffic flows through Loudoun County, Virginia, known as A I Alley [8] - A new Lending Tree survey reveals that 27% of self-check-out users have purposefully taken an item without scanning [39][41] Weather & Environment - Millions are on alert for another blast of arctic air and a winter storm set to bring more than a foot (approximately 30 centimeters) of snow to parts of the Northeast [1] - 18 million people from Montana to the Northeast are under winter storm watches or warnings [3] - Potential historic river flooding is expected in the Pacific Northwest, with some areas potentially seeing 4 to 8 inches (approximately 10 to 20 centimeters) of rain [8][9]

Markets are widely expecting a third quarter point cut in the last Fed meeting of the year. The definitive odds are at 91% today, but our next guest says the market has it wrong and easing is a mistake because inflation is well above target. Joining us now is Jason Ferman, former chair of the Council of Economic Adviserss under President Obama, now with Harvard's Kennedy School.Jason, it's great to have you here. I did ask our previous more dovish guest, I don't know if you caught that, um why he thinks tha ...

Markets are widely expecting a third quarter point cut in the last Fed meeting of the year. The definitive odds are at 91% today, but our next guest says the market has it wrong and easing is a mistake because inflation is well above target. Joining us now is Jason Ferman, former chair of the Council of Economic Adviserss under President Obama, now with Harvard's Kennedy School.Jason, it's great to have you here. I did ask our previous more dovish guest, I don't know if you caught that, um why he thinks tha ...

It is Fed day and Wall Street is pricing in almost a 90% chance of another rate cut. But markets remain in full hold your breath mode this afternoon because what happens at 2 p. m.could reset the entire path for the economy as we head into 2026. Welcome to the Big Money Show. I'm Jackie D'Angelus.I'm here with my co-host Taylor Riggs, Dan McDow, Brian Breberg, and with us for the hour, Michael Lee, strategy founder. Michael Lee named after himself. All right.The Federal Reserve is deeply divided. Some membe ...

Market Trend Analysis - Bitcoin's price movement is contingent on the Federal Reserve's (Fed) policy decisions [1] - Cryptoquant_com suggests Bitcoin could surpass $99 thousand, potentially reaching $112 thousand in the coming months [1] Economic Factors - The potential for Bitcoin to reach higher price targets is dependent on the Fed outlining a dovish path for future rate cuts and inflation management [1]

Core Insights - Official interest rates are declining, but consumer-relevant rates are not following suit, indicating a disconnect in the market [1] Group 1: Treasury Yields and Interest Rates - The 10-year Treasury yield rose to 4.21%, its highest level since early September, despite expectations of a Federal Reserve interest rate cut [2][10] - The probability of a quarter-percentage-point cut by the Fed increased by 7 percentage points in the past two weeks, yet the 10-year yield has risen by about 20 basis points [3] Group 2: Economic Impact - Elevated interest rates have negatively impacted economic growth, particularly in sensitive sectors like housing [4] - The Fed's rate-setting does not directly influence consumer rates; instead, it sets a floor for bank reserve rates, leading to potential market disconnects [5] Group 3: Market Concerns - Concerns over the U.S. national debt, exacerbated by tax cuts expected to add over $3 trillion to the debt over the next decade, may be driving yields higher as investors seek more compensation [6] - Policy uncertainty and geopolitical risks are affecting international demand for U.S. Treasurys, although foreign appetite remains relatively healthy [7] Group 4: Inflation and Monetary Policy - Rising yields may reflect uncertainty regarding inflation trends and the Fed's monetary policy response, influenced by tariff policies [8][10] - President Trump's influence on the Fed's independence raises concerns about the alignment of U.S. policy with economic realities, potentially adding to inflation and interest rate uncertainty [9]

I want to bring in Brendan Buck, MS Now political analyst as well as a former press secretary to Republican House Speakers John Boehner and Paul Ryan. Michael Hardaway served as communications director for Democratic minority leader Hakee Jeff and is publisher of the Hardaway Wire and Ron Insana, CNBC contributor and publisher of the message of the markets on Substack. Gentlemen, thanks for being with us.So Brendan, the president has given himself an A+ plus plus plus on the economies doubling down. your th ...

Monetary Policy & Interest Rates - A rate cut is expected, but there may be dissent from some members [1] - The market anticipates a rate cut, but the speaker expects a hawkish press conference signaling a higher bar for future cuts [2] - The speaker believes the Federal Reserve has an inflation problem at 3% compared to the 2% target, while the labor market is in balance [3] - The speaker acknowledges arguments for a softening labor market based on unemployment rate and quits rate [6] Labor Market Analysis - The current labor market is considered healthy with unemployment well below 5% [3] - There's a debate about whether the bigger problem is inflation or the labor market, with concerns about potential disruptions in the labor market [4][5] - The speaker notes a market with less churn, fewer separations, and less hiring [7] Future Uncertainty - Predicting the next year is exceptionally hard due to uncertainty around monetary policy and the transition in the chairmanship of the Federal Reserve [8] - There's uncertainty about how the expected new chairman will approach monetary policy [9]

Where do you think the uh the possibility of surprise this afternoon is the most ripe. >> Well, there's going to be one descent on the Dove side for sure, but I I expect between at least one descent on the Hawker side, maybe as many as three um something of a may maybe not a jailbreak, but a significant registration of um uh objection uh to this rate cut. Um I think we're going to get a rate cut.Um, I think Pal's going to corral the group uh into going along with that, but I I expect a very hawkish press co ...

with us now at Post 9. First on CNBC, chief economist of the Mastercard Economic [music] Institute, Michelle Meyer. Great to have you back at Post 9.So, the outlook for the US is is even better than this year. >> That's what our expectation is. Yeah.Because when you think about this year, it was a story of uncertainty. It was a story of headlines. Um it was a story of change.And I think in 2026, it's going to be a story of an economy that's adapting, an economy that's proven to be much more dynamic. So, we' ...