Core Insights - There is a significant disconnect between average Americans and financial advisors regarding retirement risks, which may jeopardize long-term financial security [1] Group 1: Retirement Risks Perception - The primary concern for consumers regarding retirement is inflation, with 63% identifying it as a risk, while advisors do not rank it among the top risks [3] - Financial advisors consider the most significant retirement risks to be outliving savings (56%) and market volatility (51%) [3] Group 2: Perspectives on Risks - The differing perspectives arise from the immediate experiences of consumers with inflation versus the long-term planning focus of advisors [4] - Consumers tend to underestimate their longevity, leading to inflation being perceived as a more pressing concern than it may be in long-term planning [5] Group 3: Addressing Risks - Both consumers and advisors have valid points; addressing both inflation and the risks of outliving savings and market volatility is essential for a successful retirement strategy [6]

Group 1 - U.S. households' current financial situations deteriorated notably in November, while their outlook for the next year slightly worsened [1] - Job market expectations improved, with a decrease in the anticipated unemployment rate and a lower probability of job loss over the next year [1] - Households reduced the likelihood of voluntarily leaving their jobs [1] Group 2 - The Federal Reserve is expected to lower its policy rate by 0.25 percentage points to the 3.50%-3.75% range to support a weakening job market [2] - There is considerable opposition among policymakers regarding the rate cut due to persistent inflation pressures above the Fed's 2% target [3] Group 3 - Inflation expectations for the next year remained steady at 3.2%, with three- and five-year projections unchanged at 3% [4] - Home price expectations held steady at a 3% increase, while medical cost expectations surged by 10.1%, the highest since January 2014 [5] - Future earnings and income growth remained positive compared to the previous month [5]

The Fed set to meet this week and the White House National Economic Council director is calling for a 25 basis point cut. Joining us now, the aforementioned White House National Economic Council Director, Kevin Hasset, >> who's uh I don't know, it's growing. He's growing in size like uh and I think I need to call you Mr.. Director now. Just the anticipation of maybe even greater things for you in the future. You got >> you're Yeah, you're at 78% now on on some of the things. So, we're going to have a wide r ...

Markets are gearing up for the Fed's final policy meeting of the year. It's set to kick off tomorrow. And joining us ahead of that is Bill Dudley.He of course is the former New York Fed president. Bill, uh, welcome. It's great to see you this morning.The market is betting that we are going to see another 25 basis point rate cut. You think that that's the case. >> I think it's almost certainly the case.When John Williams went out and basically made the case for 25 basis points and no one else at the at the b ...

A Wall Street sign is viewed in front of the New York Stock Exchange.Eduardo Munoz | AFP | Getty ImagesThis is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five key things investors need to know to start the trading day:1. Secret SantaThe three major indexes are coming off back-to-back winning weeks, with the S&P 500 on Friday rising closer to records it set earlier this year. Stocks' advances came as investors geared up for the last Federal Reserve poli ...

Short-term interest rates are too high. This sets up an opportunity in 1-year Treasury bills. ...

Market Bubble & Potential Weakness - The market may experience pressure as wealth is sold to provide necessary funds, regardless of a bubble [1] - Dislocations are expected in private equity and venture capital due to firms needing to support existing positions that may no longer be feasible [3] - Weakness may emerge in SAS and other software companies if their functions are replaced by AI or other technologies [4] - Issues have already surfaced in the private credit space [4] Earnings Growth & Market Safety - Strong double-digit earnings growth could safeguard the market [4] - The peak impact of physical and monetary stimulus from the previous year is expected to continue through the end of next year, potentially driving double-digit earnings growth into 2026 and beyond [4] - Continued strong tailwinds behind topline and double-digit earnings growth could mitigate the impact of dislocations [5] - The firm has a bullish S&P price target of 7,500, indicating confidence in strong earnings [6] Consumer & Consumption Dynamics - The firm is bullish on consumption but mixed on the consumer [7] - The top 10% of earners account for 50% of consumption [8] - The bottom third of earners account for only 15% of consumption [9] Inflation & Political Issues - Inflation is anticipated to be more of a political issue than an economic one in 2026 [9][11] - The affordability crisis will be intertwined with inflation and will be a central issue as the midterms approach [11] - The affordability crisis affects a plurality of people, particularly the bottom half of earners, making it a key political concern [12]

And joining us right now is Ed Yardini. He's president at Yardini Research. Ed, we could start by talking about how the markets continue to kind of melt back up.We're near all-time highs, but I think the most interesting thing and what has kind of shocked and surprised me this morning is your move away from the big tech names in terms of being an overweight statement. What happened for 15 years you've been overweight on that sector. What's changed.>> Yeah. And it's worked. And so we've got to the point wher ...

>> ALL RIGHT. WELCOME BACK TO SQUAWK BOX EVERYBODY. LET'S TAKE A LOOK AT THE FUTURES THIS MORNING.DOW FUTURES UP BY ABOUT TEN POINTS S&P FUTURES UP BY SIX. THE NASDAQ INDICATED UP BY CLOSE TO 60 POINTS. AND JOINING US RIGHT NOW IS ED YARDENI.HE'S PRESIDENT AT YARDENI RESEARCH. AND WE COULD START BY TALKING ABOUT HOW THE MARKETS CONTINUE TO KIND OF MELT BACK UP OR NEAR ALL TIME HIGHS. BUT I THINK THE MOST INTERESTING THING, AND WHAT HAS KIND OF SHOCKED AND SURPRISED ME THIS MORNING, IS YOUR MOVE AWAY FROM TH ...

Group 1 - Gold futures opened at $4,228.10 per troy ounce, down 0.4% from the previous closing price of $4,243 [1] - Analysts expect a quarter-point rate reduction from the U.S. central bank, with a 89.6% probability that the target rate will be lowered to a range of 3.50% to 3.75% [1][2] - The last PCE inflation report indicated a rise in prices by 2.8% in September, up from 2.6% in June and July, raising concerns about reducing rates while inflation remains above the Fed's 2% target [2] Group 2 - The price of gold has shown significant gains, with a one-year increase of 63.4% [4] - Gold futures prices have increased by 0.2% over the past week, 6.2% over the past month, and 61.4% over the past year [9] - Lower interest rates make gold more attractive compared to cash yields, potentially increasing demand for gold [3] Group 3 - Factors influencing gold prices include geopolitical events, central bank buying trends, inflation, interest rates, and mining production [13]