Well, our next guest has a Jackson Hole playbook. Joining me now is Venu Krishna, head of US equity strategy at Barclays. Uh Barclays is maintaining its contrarian view in that kind of minority of hawkish camp that the Fed won't cut rates in September.If that happens, how do you expect the equity market to react. I think you uh thank you first for having me, Leslie. I think you look at the pockets of the market where most of the enthusiasm has centered uh and which have reacted to this increased probability ...

Now we're sticking with the Fed. Our Steve Leman's in Jackson Hole ahead of Powell speech on Friday joins us with some results of a special edition of CNBC's Fed survey. Hey Steve. Hey Carl.Yeah, a lot to ask about here. The Fed meeting in Jackson Hole amid unprecedented presidential pressure for a rate cut and unsettled questions about the next Fed chair and of course tariff inflation. The survey found that respondents believe the president's most likely to pick NEC Director Kevin Hasset to replace Fed Cha ...

Steve Leeman kicking off our 3-day coverage of the Jackson Hole Economic Symposium with a very special edition of the CNBC Fed Survey. And boy, you got a beautiful shot there this morning, Steve. Yeah, and we just had some live elk there.Did you see that. Uh the Fed meets in Jackson Hole this year, uh Andrew, amid unprecedented presidential pressure for a rate cut, unsettled questions about the next Fed chair, and tariff inflation. Uh the CNBC Fed survey special Jackson Hole edition found respondents believ ...

All right. So, again, we we kind of hit this a couple times in the show. We've seen a change in momentum, a lot of anxiety about what J Pal is going to uh say coming up on Friday and how doubbish or hawkish he may be.What are your expectations. Do you think that he's going to signal a 25 point rate cut. Will he leave the door open for a 50point rate cut that it seems the market really wants. >> I doubt that he'll leave the door open for a 50 basis rate point cut.Um it doesn't make sense given the basic unde ...

At Home Depot, it's up 3% today despite a slight miss on the top and bottom lines. It second straight quarter of missing estimates. Investors were encouraged by the company standing by its fullear guidance, expecting comparable sales to rise about 1%.CFO Richard McFale also told CNBC that comp sales in July were up 3.3% from the same quarter in 2024. It's the best monthly comp of the year. So, sticking with retail, Target is set to report earnings tomorrow before the bell.The stock is tracking for its third ...

me for the hour. Joe Terranova, Shannon Sarkozy, Jim Lebenthal and Steve Weiss. We will take you to the markets here, give you a picture again on what's happening.We're modestly in the red. Joe, you really do have a feel that this is going to be a wait and see, a wait. And here we need to hear what the Fed chair is going to say about the path forward for interest rates before.I think we're willing to place our bets in any large degree around this market from here. >> I think you're always trying to understa ...

that's probably what's behind the miss. >> Yeah. Makes a big difference there Diana thank you so much.It could be a big week for stocks with more earnings. And Fed Chair Powell's speech at Jackson Hole. Let's bring in Keith Lerner Truist Wealth Co-Chief investment officer, to discuss.Let's start with Jackson Hole because some out there are saying that could be potentially bearish for stocks, especially if Fed Chair Powell indicates to the market something a bit more hawkish than they may like to see. What's ...

message purported by the S&P. >> Well, our next guest predicts more. All time highs are coming.I know Carter pointed out some that we still haven't hit yet. Ben Emmons is founder and chief investment officer at Fed Watch Advisors. Ben, thank you for being here.I mean, I understand that your viewpoint is generally bullish overall. You think we should buy on some weakness. Why.>> Well, Courtney, if you take today's retail sales number, you know, there was a clear acceleration happening within the number. And ...

Bitcoin just reached a new ATH yesterday, this process of repeating ATH‘s will repeat in the coming weeks and months based on continued increase of the money supplyThe increase of the money supply will be intensified after the next rate cut in September. ...

Dragonfly investor Omar said a 100 bps rate cut would slash Circle's annualized revenue by $618M (-23%), gross profit by $303M (-30%), and margins by 3.3 points, raising its valuation from 42x EV/annualized gross profit to 60.4x (~50% higher). To offset the impact, USDC supply would need to grow by $28B (44% of the current $64B). He noted rate cuts are inevitable, explaining yesterday’s ~$1.5B share sale and Circle's push to launch transaction flow monetization products like CPN and Circle Chain.https://t.c ...