The Exchange

Listen to the day's top stories, the must reads & a whole lot more for today's modern investor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Scott Croner, U.S. equity strategist at Citi, shares his expert insights on market trends shaped by recent tariff court decisions. He discusses the varying impacts on sectors as companies adjust to tariff changes and consumer expectations. The conversation explores geopolitical dynamics affecting U.S. positioning and investment strategies amid rising tensions. Additionally, Croner delves into notable stock movements, including notable investments in major firms and the evolving landscape of AI development, highlighting both challenges and competitive collaborations.

A court hearing ended without a judge ruling on Lisa Cook’s request to temporarily bar Pres. Trump from firing her. We’ll look at the next steps in her legal battle. Plus, retail earnings season rolls on, but a lot of companies are warning about the tariff impact ahead of the holiday season. And AI is climbing the corporate ladder, no longer just coming for entry-level jobs. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Robert Primus, a member of the Surface Transportation Board, shares his insights on the regulatory landscape surrounding the proposed Norfolk Southern and Union Pacific merger. He discusses the implications of Trump's administration's move to close a shipping loophole and its impact on consumer prices. Primus also reveals his plans to challenge his recent termination while emphasizing the need for independence in federal boards. With a focus on the chip industry, they explore Nvidia's market positioning amidst evolving AI dynamics.

Aaron Levy, co-founder and CEO of Box, joins to discuss the evolving landscape of AI and data management in enterprise settings. He dives into how government investments are reshaping innovation in the tech sector, particularly in defense. Levy highlights the challenges of legacy data systems and the role AI plays in enhancing productivity for small businesses. Additionally, the conversation touches on the implications of increasing nationalism in venture capital and the importance of secure data access amidst rising market dynamics.

In this discussion, Steve Leisman, a CNBC reporter focused on the legal ramifications of President Trump's move to dismiss Federal Reserve Governor Lisa Cook, shares insights on the implications for the Fed's independence. Joining him is Rebecca Kelly Slaughter, an FTC Commissioner who has faced similar threats, detailing her own legal struggles. Together, they explore the fallout of potential presidential overreach, the economic uncertainties affecting consumer confidence, and what these developments mean for market stability.

What the options market is saying about Nvidia’s post-earnings move. President Trump saying the government could take stakes in more companies. Plus, just how much AI could create in market value over the long-term, according to Morgan Stanley.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Fed Chair Powell paving the way for a September rate cut, sparking a rally on Wall Street and helping to boost tech after some rough sledding. We dig into what to expect from the Fed after the next meeting and how to position. Plus, BofA’s Savita Subramanian changing course on one segment of consumer stocks after being bullish for two years Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Former Fed Governor Larry Lindsey weighs in on the chance of a September cut. We look at where traders are buying the recent weakness in momentum stocks. Plus, it’s a bird, it’s a plane…no, it’s a burrito! Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Barclays not expecting a September rate cut. Their strategist tells us how to play a potential Powell hawkish surprise at Jackson Hole. Target has a new CEO, but the same issues. Plus today’s AI spending may look like the Internet boom of the ‘90’s, but there’s a key difference this time around.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.