Broadcaster. Your books would be in the selfhelp section i think. That bugs the crap out of me. Why . I dont think were supposed to help ourselves. I dont think were supposed to do it alone. I think were supposed to help each other. So what are ticking to the rim with a slam dunk the most exciting talent playing basketball in american today comes from africa. Celtics Center Tacko Fall has fans in love, but in a yearlong investigation, 60 minutes has found that its not always easy for these young athlete. Many are deceived with false promises of an education and basketball riches. We found this man at the center of a number of suspect dealings. We talk to a lot of kids and a lot of people. You let them down. Oh, no. Oh, no. Im lesley stahl. Im bill whitaker. Im anderson cooper. Im jon wertheim. Im scott pelley. Those stories and more, tonight, on 60 minutes. ticking cbs money watch sponsored by lincoln financial, helping you create a secure financial future. Good evening. New numbers on
Confidence ticking lower in november though still largely positive. Joining us for the hour is mark tepper from Strategic Wealth partners mark, welcome. Thanks for having me. Even as i just went through those different points that are driving the action today, weve got records again for the dow and the s p, albeit just barely. Right, yes. I mean, all investors are pretty much still riskon and whats most surprising to me is you have this news coming out of china where china is potentiallily bay lbalking at ae deal, but were at a new alltime high. The market has shifted from one of economic deflation to policy reflation and thats typically good for stocks, right a low inflation, Slower Growth economy is good for stocks over the next six to nine months, now would not be a good time to be underweight equities. You want to be pathetics right now. Is the trade deal priced into this market . I think completely, almost fully priced in right now. I think weve seen quite the runup over the cours
Right now. Welcome. Our Investment Committee today, jim lebenthal, jon and Pete Najarian, brenda, adam parker is the ceo of triveria Capital Management lp. Much of the focus today on the drop in bond yields. The 30year hitting a record low. Some saying the countdown clock for a recession has started. So, pete, i turn to you and i want you to answer the question i asked at the top where is the best place to invest people want ideas. Sure. And i still think the gold and silver trade is on what were seeing today, scott, some of these individual names are still moving to the up side. Gld, slv have been a smart place to be. If you go back to the end of may. Thats been a great place to be. The slv in the last month up about 10 . Its still playing catch up. Those are more on the conservative side. You think thats the best weve got . Gold and silver and 10 in a month isnt so bad if you annual ize that out i ask, i dont hear tickers i hear gold and silver oh, im excited to talk tickers early, b
Im sara eisen look at whens driving the action higher. A thaw in the trade war again. U. S. And china resuming tariff negotiations in october. Strong Economic Data helping ease some recession fears and the s p moving back above the 50day moving average. Key technical level. Tech stocks are leading the rally. Two big interviews coming up on closing bell. Box Ceo Aaron Levie and with Consumer Staples near alltime highs kimberlyclark ceo michael hsu will join us see both interviews only right here on closing bell. Joining us for the entire final hour of trade is stephanie link. Welcome back, stephanie. Thank you. So are you a buyer on this trade rally . I bought a couple things today. I added to a few positions, nothing new, nothing big, but i think the debate will continue are we going into a recession or seeing Slower Growth i have been saying i think Slower Growth mode and a lot of that because the consumer has been quite strong. I know a lot of people talking about that i spent this w
Currency with benign neglect in order to function as the reserve currency properly. And this is something we really have to take seriously in this particular environment trump can say whatever he wants politically. Mnuchin can say whatever he wants politically, but getting into intervention has always been a failed tool its never worked. And the concept that the Federal Reserve would cause it not to work by sterilizing is probably incorrect. Its not going to work in and of itself because nobody is big enough in that market to really drive the size of that market enough to have a noticeable impact excellent steve, glad to get your thoughts on that. Well go back to jon fortt and the gang thank you, steve pleasure. Good monday morning welcome to squawk alley. Im jon fortt with Morgan Brennan and david faber live from post 9 live at the New York Stock Exchange carl has the morning off and we have to begin with this selloff stocks are falling across the globe, as china devalues its currency