Market Overview - Markets were mixed, with the Nasdaq rising by +0.23% due to positive news from Tesla, while the Dow, S&P 500, and Russell 2000 declined by -0.62%, -0.24%, and -0.45% respectively [1] - The U.S. jobs report showed a net gain of +64K jobs in November, recovering from an October loss of -105K jobs, contributing to concerns about economic stability [2] Retail Sales and Economic Indicators - Retail Sales for October remained unchanged at 0.0%, missing expectations of a +0.1% increase, while ex-auto sales rose by +0.4% [3][4] - The S&P flash Services PMI for December was reported at 52.9, down from 54.1, and Manufacturing PMI dropped to 51.8 from 52.2, but both remain above the growth threshold of 50 [5] Oil Market Dynamics - Global crude oil prices are nearing five-year lows, with West Texas crude trading at $55 per barrel, marking ten consecutive days below $60, which may help keep inflation low but negatively impacts companies like Phillips 66, which saw a nearly -7% drop [6] Company Performance: Lennar Home - Lennar Home reported Q4 earnings, missing bottom-line expectations due to a one-time charge of $156 million, with earnings of $1.93 per share and revenues of $9.37 billion, surpassing the consensus of $9.13 billion [7] - New orders for Lennar Home decreased by +18% year-over-year, indicating challenges in the overall market, with expectations for new deliveries falling below analyst estimates [8][9]

Federal Reserve Bank of Atlanta President Raphael Bostic said policymakers should remain focused on addressing inflation, with elevated price pressures expected to persist through most of next year. https://t.co/bGZYCcyukJ ...

So you can see the impact on income levels here. So DPI is disposable personal income quarter quarter to quarter at an annualized rate. So without tax relief, Nancy and her team's estimate was that in the first quarter nominal disposable personal income, so that includes inflation was going to annualize in terms of growth at a 4% rate with tax relief.that will be a 10% annualized rate. And uh dropping down to the bottom line there, real disposable personal income. So that takes away inflation.What's the rea ...

Welcome back to Squawkbox. President Trump's approval rating remains challenged by the affordability issue. Our senior economics reporter Steve Leeman joins us with the results of the CNBC All America Survey.What are you seeing. >> Yeah, yesterday we did what consumers were saying about it. Now, this is the political side of it.President Trump's approval on the critical issue of inflation and the cost of living fell to a new low in the CNBC All-America economic survey with the president continuing to lose s ...

All year, the jobs market, consumer sentiment, AI and inflation flashed economic warning signs — what does this mean for 2026? Listen to @sarahsholder @svaneksmith and @Markzandi on the Big Take podcast. https://t.co/9IXCqxjXHW ...

I don't see tariffs as being a major driver of inflation. Uh, you know, and I went through a lot I went through this in in in a lot of detail in my speech this morning about why I don't see that being the case. And I've been consistent about that being the case.Now, you might think that if I don't think that tariffs are driving inflation higher, then core goods will stay high for a long period of time, and that would be a problem if I wanted to cut rates. But I see so much disinflation in the pipeline becau ...

Group 1 - The dollar index (DXY00) fell by -0.09% on Monday, with modest losses ahead of the US Nov payrolls report [1] - The Dec Empire manufacturing survey unexpectedly contracted by -22.6 points to -3.9, weaker than the expected 10.0, indicating a dovish factor for Fed policy [3] - Fed Governor Stephen Miran stated that the Fed's policy stance is unnecessarily restrictive on the economy, citing a benign inflation outlook and labor-market warning signs [3][4] Group 2 - The Fed is boosting liquidity in the financial system by purchasing $40 billion a month in T-bills, which is putting additional pressure on the dollar [2] - Concerns about President Trump's potential appointment of a dovish Fed Chair are also negatively impacting the dollar, with Kevin Hassett seen as the most likely candidate [2] - The markets are currently pricing in a 22% chance that the FOMC will cut the fed funds target range by 25 basis points at the January 27-28 meeting [4] Group 3 - The EUR/USD rose by +0.09% to a 2.5-month high, supported by the weakness in the dollar and positive economic news from the Eurozone [5] - Eurozone's Oct industrial production rose by the most in 5 months, which is bullish for the euro [5] - Divergent central bank policies are providing support for the euro, as the Fed is expected to continue cutting interest rates while the ECB has likely finished its rate-cutting campaign [5]

Joining us now with more on that China and maybe even a little touch of Venezuela is Kyle Bass, founder and CIO at Haymon Capital Management. Kyle, I hope you're ready because we got a lot of things that we want to hit with you. Are you ready. >> I'm ready.>> Let's do this. All right, let's kick things off maybe with the Federal Reserve. Obviously, you're very well known for subprime years ago.Some people suggest the Federal Reserve is making a policy mistake by keeping rates too high for too long. What say ...

Federal Reserve Bank of Boston President Susan Collins said she supported last week’s interest rate reduction, but the decision was a “close call” because she remains concerned about elevated inflation https://t.co/6ami4NdpRS ...

The number one issue facing Americans today, which they say will impact their vote in the 26 midterm, is affordability of everyday items like food and fuel. That's according to a recent survey conducted by our next guest. Joining us right now is pollster and political strategist Frank Lunts.Frank, it's great to see you. Uh we we've been talking about this word affordability, which has become sort of part of the the political uh if not popular lexicon. Uh the president has said that word is a conj job.Uh Gre ...