Mike Wilson of Morgan Stanley shares insights on the S&P 500 target and bond market risks. Deutsche Bank's Matt Luzzetti and Luke Hickmore discuss US economic data trends. Chuck Grom from Gordon Haskett analyzes retail earnings from Macy's and Lowe's.

Matthew Luzzetti predicts Fed rate cuts next year, Dan Ives says bears got it wrong on Apple. Amanda Lynam expects a higher-for-longer environment. Rep. Bryan Steil points out the broken DC system they are working on. Also discussed: consumer weakening, labor market, return of bonds, iPhone demand, time management with Watson X, workers' fight for higher wages, ideological shift in the GOP.

James Athey believes credit spreads are too tight. Matthew Luzzetti expects a recession and equity market decline. Susan Thornton discusses China's need for increased household spending. Joe Feldman analyzes Walmart's lifted profit outlook due to US shoppers.