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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Trivariate's Adam Parker, Truist’s Keith Lerner and HSBC’s Max KettnerTrivariate's Adam Parker, Truist’s Keith Lerner and HSBC’s Max Kettner, join 'Closing Bell' to discuss winning sectors in the market, if the 'Mag 7' are too expensive and their overall market outlook.
Persons: Trivariate's Adam Parker, Truist’s Keith Lerner, HSBC’s Max Kettner Trivariate's Adam Parker, HSBC’s Max Kettner
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Edward Jones’ Mona Mahajan and Truist’s Keith LernerEdward Jones’ Mona Mahajan and Truist’s Keith Lerner, join 'Closing Bell' to discuss Jackson Hole and the market reaction.
Persons: Edward Jones ’ Mona Mahajan, Truist’s Keith Lerner Edward Jones ’ Mona Mahajan, Truist’s Keith Lerner, Jackson
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUse the market volatility to diversify, says Edward Jones’ Mona MahajanEdward Jones’ Mona Mahajan and Truist’s Keith Lerner, join 'Closing Bell' to discuss Jackson Hole and the market reaction.
Persons: Edward Jones ’ Mona Mahajan Edward Jones ’ Mona Mahajan, Truist’s Keith Lerner, Jackson
The Federal Reserve now has egg on its face after it kept interest rates near a quarter-century high earlier this week. By now, there’s ample evidence that the job market, a key driver of the US economy, has lost steam. Here are three reasons to be worried about July’s shockingly weak jobs report — and one silver lining. Consumer demand itself also hasn’t weakened just yet, despite the highest interest rates in more than two decades. Generally, the Fed makes its decision congruent with what’s going on with inflation or the job market.
Persons: , July’s, , , Claudia Sahm, Sahm, Elizabeth Crofoot, Alicia Wallace, Jerome Powell, ” Crofoot, ” Michael Gapen, Matt Egan, weren’t, ” Truist’s Keith Lerner, they’ll, hasn’t, ” Chris Rupkey, Alan Blinder, Paul Krugman Organizations: New, New York CNN, Federal Reserve, Fed, Bloomberg, Bank of America, Dow, Nasdaq, Wall, Investors, Labor, Citigroup, JPMorgan Locations: New York, decelerate, American
New York CNN —Tesla CEO Elon Musk says anyone who doubts how valuable robotaxis will make the company should test drive its latest self-driving car. A Wall Street analyst did just that – and said the car almost crashed. The experience of WIlliam Stein, an analyst with Truist Securities, is not unique; others have also reported problems with Tesla’s full self driving, or FSD, feature. But a note from Stein raises questions as to whether the autonomous driving and robotaxis Musk is betting Tesla’s future on are as close as he claims. Tesla’s FSD driver-assist feature is sold as an $8,000 option.
Persons: Elon Musk, WIlliam Stein, Stein, Tesla’s, , Truist’s Stein, Yuki Iwamura, Musk, That’s, , ” Musk, ” Tesla, FSD Organizations: New, New York CNN, Truist Securities, Tesla, Bloomberg, Traffic Safety Administration, NHTSA Locations: New York,
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with New York Life Investments' Lauren Goodwin, Truist’s Keith Lerner and Axonic’s Pete CecchiniNew York Life Investments' Lauren Goodwin, Truist’s Keith Lerner and Axonic’s Pete Cecchini, joins'Closing Bell' to discuss the market rotation, the tech trade and their market outlook.
Persons: Lauren Goodwin, Truist’s Keith Lerner, Axonic’s Pete Cecchini, joins'Closing Bell Organizations: New York Life Investments, York Life Investments Locations: York
London CNN —President Joe Biden had a shaky performance in last night’s presidential debate, triggering panic in the Democrat camp. Former President Donald Trump, meanwhile, repeated multiple falsehoods while doubling down on his record of cutting taxes and hiking tariffs during his first presidential term. If repeated in a second Trump term, many economists fear that kind of agenda could stoke inflation at a critical moment and add to America’s rapidly growing debt mountain. That could pull the typical year-end election relief rally forward, said Ed Clissold, chief US strategist at Ned Davis Research. The US dollar has also been reactive — it edged higher as initial CNN polling found that Trump was viewed as the winner of the debate.
Persons: Joe Biden, Donald Trump, shrugged, , Keith Lerner, Barack Obama, Trump, Lerner, Ed Clissold, Ned Davis, Antonio Ernesto Di Giacomo, , Goldman Sachs ’ Scott Rubner, Jonas Goltermann, Emmanuel Macron, Katie Nixon, France’s, CDK, Ramishah Maruf, Eva Rothenberg, aren’t, they’ve, Scott Campbell, CNN they’ve, Jordan Valinsky, Tim Wentworth Organizations: London CNN, Democrat, Trump, , Biden, Ned, Ned Davis Research, Investors, Capital Economics, CNN, Renaissance, Northern Trust Wealth Management, CAC, CDK, Auto, Capital City Buick GMC, Bloomberg, Walgreens Locations: France, , North America, United States, Canada, Berlin , Vermont, Eastern Europe, America
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Trivariate's Adam Parker, Virtus’ Joe Terranova and Truist’s Keith LernerTrivariate's Adam Parker, Virtus’ Joe Terranova and Truist’s Keith Lerner, join 'Closing Bell' to discuss the Nasdaq rollover, market consolidation and the semiconductor trade.
Persons: Trivariate's Adam Parker, Virtus, Virtus ’ Joe Terranova, Truist’s Keith Lerner, Adam Parker Organizations: Virtus ’, Nasdaq
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Ritholtz's Josh Brown, Wells Fargo’s Chris Harvey and Truist’s Keith LernerRitholtz's Josh Brown, Wells Fargo's Chris Harvey, and Truist's Keith Lerner join 'Closing Bell' to discuss the resilience of the market rally, earnings season, and opportunity play in the market.
Persons: Ritholtz's Josh Brown, Wells, Chris Harvey, Truist’s Keith Lerner, Josh Brown, Truist's Keith Lerner
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with iCapital's Anastasia Amoroso, Veritas’ Greg Branch and Truist’s Keith LerneriCapital's Anastasia Amoroso, Veritas’ Greg Branch and Truist’s Keith Lerner, join 'Closing Bell' to discuss if bad breadth in the market matters and if the S&P's 493 may finally get a chance to shine.
Persons: iCapital's Anastasia Amoroso, Greg Branch, Truist’s Keith Lerner iCapital's Anastasia Amoroso, Truist’s Keith Lerner Organizations: Veritas
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTruist’s Keith Lerner: CPI print won't dramatically impact the FedCameron Dawson, chief investment officer for NewEdge Wealth, and Keith Lerner, Truist co-chief investment officer, join 'Closing Bell' to discuss market crosscurrents, the bears and bulls equities debate, and the market outlook.
Persons: Keith Lerner, Cameron Dawson, Truist Organizations: CPI
Opinion | A Smart Way to Turn Gambling Into a Virtue
  + stars: | 2023-07-28 | by ( Peter Coy | ) www.nytimes.com   time to read: +2 min
Initially proposed to cope with debt from the Nine Years’ War (1689-97), the Million Adventure offered 100,000 tickets at £10 each. The Million Adventure was also a saving program, in that it paid ticket holders a £1 per year until 1710, or a 6.15 percent annual return. Harold Wilson, then the shadow chancellor of the Exchequer, called Premium Bonds a “squalid raffle,” but the British people rushed to buy them. Today about one in three Britons owns Premium Bonds. It has taken longer for prize-linked savings to catch on in the United States, but it’s happening.
Persons: we’re, Benjamin Franklin, Murphy, Harold Wilson, Truist’s Organizations: American Gaming Association, Sports, Britons, Bonds, InTouch Credit Union of, Yotta Technologies Locations: U.S, United Kingdom, British, Denmark, Ireland, New Zealand, Sweden, United States, InTouch Credit Union of Plano , Texas
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with RBC Capital’s Amy Wu and Truist’s Keith LernerRBC Capital’s Amy Wu and Truist’s Keith Lerner, join 'Closing Bell: Overtime' to discuss market moves and earnings expectations.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTruist's Keith Lerner says he expects market sell-off amid earnings seasonRBC Capital’s Amy Wu and Truist’s Keith Lerner, join 'Closing Bell: Overtime' to discuss market moves and earnings expectations.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full post-market interview with Virtus' Joe Terranova, Truist’s Keith Lerner and John Hancock’s Emily RolandVirtus' Joe Terranova, Truist’s Keith Lerner and John Hancock’s Emily Roland join 'Closing Bell: Overtime' to discuss the likelihood of a soft landing and stocks closing near session highs.
New York CNN —‘Tis the season for Wall Street strategists to pack their clients’ inboxes with market predictions for 2023. Market analysts aren’t alone. “US equity returns will be driven by earnings against a backdrop characterized by elevated market volatility,” write JPMorgan analysts. The effort was initially touted as a “Big Bang 2.0” — a nod to the rapid deregulation of UK financial markets under former Prime Minister Margaret Thatcher in 1986. The changes are a bid to maintain London’s role as a global financial hub after Brexit, which, alongside political turmoil, has boosted uncertainty for companies thinking about where to invest.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full post-market discussion with Hightower's Stephanie Link, Requisite’s Bryn Talkington and Truist’s Keith LernerHightower's Stephanie Link, Requisite’s Bryn Talkington and Truist’s Keith Lerner join 'Closing Bell: Overtime' to discuss trading during Fed week and what to expect in the markets and earnings today.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full post-market discussion with SoFi's Liz Young, NewEdge’s Cameron Lawson and Truist’s Keith LernerSoFi's Liz Young, NewEdge Wealth’s Cameron Lawson and Truist’s Keith Lerner join 'Closing Bell: Overtime' to discuss market rallies, earnings season, inflation and the Fed.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe short-term rally has longer to go, but more challenges to come mid-term, says Truist's LernerSoFi's Liz Young, NewEdge Wealth’s Cameron Lawson and Truist’s Keith Lerner join 'Closing Bell: Overtime' to discuss market rallies, inflation and the Fed.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSnap earnings beat, revenue misses, despite strong daily active usersCNBC's Julia Boorstin joins 'Closing Bell: Overtime' to report on Snap's earnings results. NewEdge Wealth’s Cameron Lawson and Truist’s Keith Lerner react.
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