like Matt on because you're trying to figure out what exactly are we not thinking of in terms of the market action why are we higher why is V down all these things that you wouldn't have thought we play that game if I told you what had happened would you be able to tell me what the reaction the market% none of this today I would give maybe maybe yields maybe yields lower it was the only one I potentially could have gotten right based on but in terms of crude oil being down 6% absolutely not the S&P rallying ...

We also have some breaking news right now from the Federal Reserve. Let's get to that with Steve Leeman. Hey Brian, thank you.Uh Chicago Fed President Austin Goulby uh in an interview with the Milwaukee Business Journal saying that if the tariff air clears, we should proceed, we as in the Federal Reserve should proceed with cuts. Uh and and he's talking rather dovishly about the concern about tariff inflation. He's still concerned about it.still concerned about stagflation but says we haven't seen it yet. S ...

Go to CNBC. com. Meeting.>> Investors digesting geopolitical headlines. As the US entered the war between Iran and Israel this weekend. Joining us now to help us understand the economic implications is Allianz chief economic adviser Mohamed El-Erian.Mohamed, always good to have you. Are you surprised at the market's reaction thus far, both in the equity markets and perhaps the oil markets as well, to something we've not seen before, namely those attacks by the US on the nuclear installations. >> Thanks for ...

墨尔本市场全面复苏 Domain报道称，悉尼房价中位数有望在下一财年突破180万澳元大关，而 墨尔本房价或将达到111.2万澳元。 此外，布里斯班的房价中位数预计将接近110万澳元，珀斯也有望进入房价百万俱乐部。 "即便按照今天的价格，大多次首次购房者也无法负担悉尼的独栋屋，公寓可能是他们唯一的选择。" | Capital City | FY25 | FY26 | FY25 | FY26 | | --- | --- | --- | --- | --- | | Sydney | 3% | 6% | $835,819 | $888,822 | | Melbourne | -3% | 5% | $555,522 | $584,400 | | Brisbane | 12% | 5% | $670,798 | $701,490 | | Adelaide | 10% | 3% | $568,000 | $586,366 | | Canberra | -13% | 3% | $531,784 | $546,265 | | Perth | 12% | 6% | $519,551 | $552,487 | | Combined ...

Market Overview - The broader market has experienced a strong rally, with the S&P 500 delivering a total return of 10.5% over the last 12 months, driven by indications of moderating inflation and hopes for lower interest rates [1] Financial Sector Outlook - The outlook for financial companies is heavily influenced by macroeconomic conditions and the Federal Reserve's interest rate policy [2] PayPal Analysis - PayPal's stock is down approximately 17% year to date and 77% from its all-time high in 2021, despite solid gains in the broader financial sector [4] - The company maintains a strong position in the payments and financial services industry, with few competitors matching its financial foundations and operational track record [5] - PayPal's total revenue increased by 1% year over year to $7.8 billion, while total payment volume rose by 3% annually to $417.2 billion [6] - Non-GAAP earnings per share increased by 23% year over year to $1.33, with the company holding $15.8 billion in cash against $12.6 billion in debt after returning $1.5 billion to shareholders through stock buybacks [7] - PayPal stock is currently trading at 13.5 times this year's expected earnings, with potential for a more favorable operating environment if the Fed cuts interest rates [8] - The stock is viewed as an attractive investment opportunity in the financial sector due to its solid business foundations and encouraging performance [9] Prudential Financial Analysis - Prudential Financial is positioned to benefit from a potential increase in long-term interest rates, which could lead to higher yields on future bond purchases [13] - The stock is currently down 19% from its lifetime high, and higher interest rates may lower the value of its current bonds but increase the discount rate on its liabilities [13] - Prudential Financial offers a 5.1% dividend yield, making it a useful addition for portfolio insurance [14]

on closing bell overtime with Daly the San Francisco Fed president. We look forward to that. Let's stick with the fed though and the broader market as stocks maintain their climb.Although off the opening highs trying to lock in some gains for the week. Sam Stovall joins us. Cfra research chief investment strategist.Happy Friday Sam good to see you. >> Hey Carl good to talk to you again. >> You got a strong view on on which mandate the fed needs to emphasize.>> Well, a strong view I would tend to say is what ...

that that the inflation from tariffs is self-correcting because the demand destruction is so fierce. Speaking of the fed voting member, Waller today made some headlines during this interview with our Steve Liesman this morning. And Steve joins us with the latest in the highlights.Hey, Steve. >> Hey. Good morning.Yeah. Fed Governor Chris Waller, in an exclusive CNBC interview, threw a wrench in this market consensus that we have at the fed. Hey, it's going to take the summer off.But Waller said the central b ...

All right, we turn our attention to the ETFs. Uh we're tracking ETF flows that are that are now over $531 billion year to date, putting us on track for another trillion dollar year. We're also looking at the moves above and below the 30-day moving averages for the popular index funds, the spy and the triple Q's on this holiday shorten week.This week, we saw a literal flight to quality. The the Invesco S&P 500 quality ETF ticker SPHQ saw the top inflows this week, but has underperformed the market this week ...

electric utilities at Mizuho. Good morning. Good to see you.>> Hey good morning Frank. >> All right. So is a heat wave necessarily good for utilities.Does that increase profits. Does it increase revenue. What does it do.>> A little of everything. It's definitely really good for utilities because we're spending at record levels. Just to give you some numbers here five years ago I think the sector.So if I just use electric, gas and water utilities spending about $150 billion a year in CapEx. And in 2026, we'r ...

Treasuries right now, though well-behaved with the ten year at 4.41% on Wednesday, the fed, as you know, left rates unchanged as widely expected to continue to pencil in two rate cuts by the end of the year, while also hinting at concerns about stagflation. For more, let's bring in Roger Ferguson, former fed vice chair, as well as a CNBC contributor. And when we're when we're on hold and we have you on, Roger, we've always got a lot to talk about, but sometimes it seems like we're talking about the same thi ...