Closing Bell

The podcast dives into what being rich truly means, beyond just money. It assesses the Santa Claus rally and major tech trends, hinting at optimism for the new year. The conversation shifts to how the Federal Reserve's actions influence market dynamics and investor sentiments. Listeners learn about diverse investment strategies outside the tech giants, the implications of regulatory challenges for banks, and the evolving landscape of AI investments, with attention on Nvidia's future. A positive outlook for 2025 highlights the importance of a balanced investment approach.

Stocks closed at session highs after surging in the final hour of trade. A panel featuring Charlie Bobrinskoy of Ariel Investments and Kevin Mahn of Hennion & Walsh kicks off the show with market insights. Key guests include former Ford CEO Mark Fields on what Honda and Nissan’s potential deal means for the auto industry, RBC’s Gerard Cassidy on the banking sector, and former United Airlines CEO Oscar Munoz on airlines’ 2025 trajectory. Emerging markets under a potential Trump 2.0 presidency are analyzed with PIMCO's Pramol Dhawan, while Pippa Stevens explores the uncertain future of energy stocks and potential pivots to gas-weighted producers. Julia Boorstin dives into the transformative role of AI in holiday shopping, highlighting innovations from Sierra AI, Perplexity AI, and tech giants Google and Amazon. 

From the open to the close, “Closing Bell” and “Closing Bell: Overtime” have you covered. From what’s driving market moves to how investors are reacting, Scott Wapner, Jon Fortt, Morgan Brennan and Michael Santoli guide listeners through each trading session and bring to you some of the biggest names in business.

Gina Raimondo, the U.S. Secretary of Commerce, offers a unique perspective on the potential fallout from a government shutdown. She discusses how the CHIPS Act could bolster America’s semiconductor industry amid these challenges. The conversation delves into national security concerns related to technology exports to China and public fears about economic uncertainty. Raimondo emphasizes the emotional impact on federal workers and outlines strategies for navigating the financial landscape as the country heads into 2025.

Chris Toomey from Morgan Stanley Private Wealth shares his market insight and strategies for year-end investing, emphasizing high-quality stock selections amidst volatility. Matthew Boss, J.P. Morgan's retail analyst, highlights a rebound in retail, spotlighting strong performers during the holiday season and the impact of weather on consumer behavior. They discuss Nike's inventory challenges, the role of advertising in the retail landscape, and bullish market trends, providing listeners with valuable tips for navigating the investment landscape.

Earlier this week, SpaceX launched its third rocket in a 24-hour span to launch for SES, a communications satellite operator. The mission, launching the Luxembourg-based company’s O3B mPOWER satellites, will carry upgrades to address power issues experienced on earlier additions to the constellation. As the rocket awaited liftoff, SES CEO Adel Al-Saleh joined Morgan Brennan to discuss the future of broadband, competing with SpaceX’s Starlink, and the latest on the company’s $3 billion acquisition of U.S. based Intelsat.

Today’s show features a panel with BD8 Capital Partners CEO Barbara Doran and Morgan Stanley global Chief Economist Seth Carpenter on the market’s initial rebound from Wednesday’s massive sell off and whether the fade into the close is a red flag for stocks. Oppenheimer’s Brian Nagel reacts to Nike’s results and Evercore ISI’s Jonathan Chappell weighs in on Fedex’s numbers. And Advent Managing Partner John Maldonado discusses whether the Fed hinting at fewer rate cuts next year could hurt the outlook for dealmaking in 2025.

From the open to the close, “Closing Bell” and “Closing Bell: Overtime” have you covered. From what’s driving market moves to how investors are reacting, Scott Wapner, Jon Fortt, Morgan Brennan and Michael Santoli guide listeners through each trading session and bring to you some of the biggest names in business.

Today’s show features a panel with Jefferies Chief Market Strategist David Zervos and RBC Capital Markets Head of Equity Strategy Lori Calvasina on the markets massive sell off following the Fed’s latest interest rate cut. The Dow falling for the 10th straight day, the longest losing streak in 50 years! Niles Investment Management Founder Dan Niles reveals whether he thinks investors should be buying on this sell off – and where he is finding value right now. Nuveen Chief Investment Officer Saira Malik tells us whether she thinks a year end rally is in jeopardy. And Micron selling off after issuing weak guidance. Wedbush’s Matt Bryson explains why he thinks the stock is a buy on this dip.

Jeffrey Gundlach, CEO and CIO of Double Line Capital, shares his insights on current economic trends and the Federal Reserve's cautious stance following a recent rate cut. He dives into the implications of rising Treasury yields on stock market declines and the challenges posed by a Republican-led House on national debt management. Gundlach also discusses the evolving perception of Bitcoin as a stable asset amid market uncertainties and offers strategic portfolio allocation advice to navigate these turbulent times.