The US and Europe are discussing a new round of sanctions and secondary tariffs on Russia, Scott Bessent said https://t.co/JEj74Miq4V ...

Core Insights - Constellation Brands and Kraft Heinz have both experienced significant stock declines over the past year, with Constellation down over 40% and Kraft Heinz down about 25%, while the S&P 500 rose nearly 20% during the same period [3][9][12] Constellation Brands - Constellation generates most of its revenue from beer, facing challenges from tariffs and declining demand among younger consumers [5][7] - The Trump administration's tariffs on aluminum have increased from 25% to 50%, impacting Constellation's margins as 39% of its beer shipments come in aluminum cans [6] - The company is attempting to adapt by launching new alcoholic beverages and divesting lower-end brands to focus on higher-end products, which may strengthen long-term margins but hinder near-term revenue growth [8] - For fiscal 2026, Constellation expects organic sales to dip 4% to 6% and comparable EPS to drop 16% to 18%, leading to a stock valuation of 12 times forward earnings [9] Kraft Heinz - Kraft Heinz owns a portfolio of well-known brands but has struggled post-merger due to a focus on cost-cutting rather than brand revitalization [10] - The company faced a $15 billion write-down in 2019 and has since recovered by divesting weaker brands and raising prices, but organic net sales dipped 2% in 2024 [11][12] - For 2025, Kraft Heinz expects organic net sales to decline by 1.5% to 3.5% and adjusted EPS to drop 13% to 18%, with the stock trading at 10 times forward earnings [12] - Kraft Heinz plans to split into two companies by the second half of 2026, but concerns remain about whether this will effectively address its challenges [13] Investment Considerations - Both companies face significant challenges that hinder their attractiveness as investments, with a preference for Constellation due to clearer long-term strategies [14][15]

Trade & Tariffs - Swiss watchmakers anticipate a US tariff deal to avoid inventory shortages in America [1]

New economic fears today after another US job report falls below expectations. Just 22,000 positions added in August compared to TW to 75,000 rather predicted and June numbers were also revised downward. Joining me now is Laurian Lorocco, senior editor of guests and global supply chain reporter for CNBC.Laurianne, it's good to see you again. So, let's get to the actual numbers which show a stark decline from predictions and the unemployment rate thus rose slightly to 4.3% a level not seen since 2021. What d ...

Economic Indicators & Labor Market - The labor market added only 22,000 jobs last month, significantly below the expected 75,000 [1] - The unemployment rate increased slightly to 43%, the highest since late 2021 [2] - The unemployment rate for young people is approximately 106%, the highest in a decade excluding the pandemic period [14] - There are now more people seeking jobs than available positions, a concerning trend [13] Trade & Tariff Impact - Tariffs are currently at about 18%, a substantial increase from approximately 25% when President Trump took office [7] - Current tariffs are estimated to result in approximately 500,000 fewer jobs in the economy [7] - Businesses are facing uncertainty due to the fluctuating tariff landscape, impacting hiring and investment decisions [14] Policy & Political Commentary - President Trump attributes the disappointing jobs report to interest rates and criticizes Federal Reserve Chair Jerome Powell [2] - The administration claims economic data will improve next year [3] - Concerns are raised that the administration's policies, including excessive tax cuts and tariffs, are negatively impacting the economy [11] - Immigration policies are constricting labor supply, affecting job numbers and long-term economic productivity [17][18]

Summary of Key Takeaways from the Expert Call on Tariffs & Section 232 Investigations Industry Overview - The discussion focused on the global technology sector, particularly in relation to tariffs and Section 232 investigations impacting IT hardware, telecom, and networking equipment [1][2]. Core Points and Arguments 1. **Tariff Authority and Legal Framework**: - The U.S. tariff authority is based on three key statutes: Section 232, Section 301, and IEEPA. Section 232 is the most litigated and targets products deemed to impair national security, with a broad definition allowing significant presidential discretion [3]. - Section 301 targets unfair trade practices, currently focusing on China, while IEEPA allows the President to declare a national emergency and regulate international economic transactions [3]. 2. **Predictions on Tariff Levels**: - Dr. Meyer predicts that the President will maintain a certain level of tariffs, likely around 15%, despite ongoing legal challenges [3]. 3. **Legal Challenges and IEEPA Tariffs**: - IEEPA tariffs may continue to be collected until a final Supreme Court review, with recent rulings indicating that the current administration's use of IEEPA for reciprocal tariffs has faced legal setbacks [3]. - The U.S. Court of Appeals recently upheld a lower court's decision that the tariffs were unlawful but allowed the administration to continue collecting them during the appeal process [3]. 4. **Section 232 Investigation Timeline**: - Section 232 tariffs could take up to one year to implement, requiring an investigation by the Department of Commerce that can last up to 270 days, followed by a presidential decision within 90 days [3][4]. 5. **Exemptions and Negotiation Tactics**: - Exemptions for imports may be specific to companies or countries, with potential routes for companies to gain exemptions based on critical tool supply or significant U.S. investment pledges [5]. - Current U.S. negotiating tactics are less likely to yield meaningful trade deals with India or China, with expectations for piecemeal, corporate-centric actions rather than comprehensive agreements [5]. 6. **Government as a Market Participant**: - The U.S. government is increasingly acting as an active market participant, exemplified by Intel's equity investment and revenue-sharing arrangements with Nvidia and AMD, which blur the lines between industrial policy and business strategy [5]. Other Important Insights - The administration may use exemptions as leverage in negotiations with various countries, and while current exemptions for electronics and IT equipment are expected to continue, they may be subject to change [4]. - The expectation is that Section 232 tariffs will primarily apply to semiconductor content, while IEEPA tariffs will cover non-semiconductor content [4]. This summary encapsulates the critical insights from the expert call, highlighting the implications of tariffs and investigations on the technology sector, particularly in the context of U.S.-China trade relations and domestic manufacturing strategies.

The Labor Department reports the United States economy added only 22,000 jobs last month, which is well below expectations. It is another worrying sign that the president's economic policies could be slowing our economic growth. In response, the president and his closest adviserss are taking a new line. Just wait until next year. It's going to be great. All right, the night cap is still here. Brendan, >> here's what I see from this report. >> All right, >> the president and the market are going to get what ...

Group 1 - The August unemployment level is at 4.3%, which is below the historical median of 5.5%, indicating a relatively positive employment situation [2] - Historical comparisons of unemployment rates are flawed as they focus on the abnormally low rates during the Covid period, rather than considering various past economic cycles [3] - There is a push from borrowers and Wall Street for lower interest rates, reminiscent of the low-rate environment of 2020 and 2021, leading to selective negative interpretations of economic indicators [4] Group 2 - The Federal Reserve's commitment to combating inflation has resulted in banks maintaining low savings and CD rates, despite calls for a reduction in the Federal Funds rate [5] - The U.S. Government's increasing deficits and borrowing have raised concerns about the desirability of the U.S. dollar as a foreign reserve currency, which could lead to a loss of purchasing power [7] - The impact of tariffs and the unpredictability of trade policies under President Trump have forced businesses and consumers to adjust, affecting market dynamics [8] Group 3 - Lower interest rates are unlikely to resolve significant economic issues and may instead create a false sense of optimism, exacerbating existing problems [8] - Government leaders often prefer low-probability actions that appear positive rather than high-probability pullbacks that may seem negative [9]

Hey, I'm Kramer. Welcome to Mad Money. Welcome to Cra America.I'll be with my friends. I'm just trying to make a little bit of money. My job is not just to entertain you, but to educate and teach you.So call me at 1800743 CBC. Tweet me at Jim Kramer. On Wall Street, we've all been conditioned to believe that good news is bad news and vice versa.Then if the economy's too strong, we can expect the Federal Reserve will raise interest rates bad for growth and if economy is weak enough, the Fed will cut rates. G ...

Welcome to Meet the Press Now. I'm Kristen Welker in Washington where any minute now we are expecting to hear from President Trump. For the first time since today's jobs report showed a dramatic slowdown in the labor market and potential warning signs for the president's economic agenda.The August jobs report from the Labor Department showed just 22,000 new jobs created last month, much lower than economists were expecting, and the unemployment rate ticked up to 4.3%. Even more problematic, the Labor Depart ...