Live from new york city, good morning, good morning. Equity futures positive on the s p 500 by. 5 . Coming into thursday, looking to reclaim alltime highs. It is a beat, it is a raise. Nvidia does what nvidia always does. Morgan stanley, overweight. No signs of slowing down. Another quarter of excellent growth. Wedbush, outperform. No signs of any pause in demand. Lisa we always talk about how much the share price has gone up in the last 12 months. Profit rose 628 in the last year. This is a company that relies on amazon and alphabet, and that is a feature at this moment. Jonathan that stock in the premarket up by 6. 6 . Dan ives joining us later on. Annmarie he says that is a masterpiece that needs to be hung in the louvre. What you are seeing this morning is not just everyone continuing to say bye, but Goldman Sachs saying we are going to raise our price target. Even though it was just this week they raised their price target. What was so clear on this call last night is that demand
Anyway. Is this a couple of isolated cases or the start of sending broader . It still seems more isolated. Clearly the tax package will create winners and losers. Tax reform has to happen. If it doesnt happen, it gets ugly. Everything gets ugly very fast. It is no longer agreement for credit markets. It is more yellow. There are still some companies with decent fundamentals, but there is a lot of sectors or more sectors under pressure. Youre not getting paid an awful lot. Avenue as an investor yet to be careful. These days when the markets rollover it feels volatility needs to rise. My concern is what if the a goes to 260 . That could be an genuine competitor to the credit market. That is where i think the bleed could be more systemic. The 800 pound gorilla is whether or not this build of a corporate leverage which we have seen over the past few years is sustainable or does it lead to something less benign . Jonathan we have a full house in new york city today. Joining me is henry peab
Anyway. Is this a couple of isolated cases or the start of sending of something broader . It still seems more isolated. Clearly the tax package will create winners and losers. Tax reform has to happen. If it doesnt happen, it gets ugly. Stock markets good ugly. Stock markets get ugly. Everything gets ugly very fast. It is no longer agreement for credit markets. It is more yellow. There are still some companies with decent fundamentals but there is a lot of sectors or more sectors under pressure. Youre not getting paid an awful lot. As an investor you have to be careful. These days when the markets rollover it feels volatility needs to rise. My concern is what if the market goes to 260 . That could be interesting. That is a genuine competitor to the credit market. That is where i think the bleed could be more systemic. The 800 pound gorilla is whether or not this build up of a corporate leverage which we have seen over the past few years is sustainable or does it lead to something less
Is this a couple of isolated cases or the start of something broader . Right now it still seems more isolated. Clearly the tax package will create winners and losers. Tax reform has to happen. If it doesnt happen, it gets ugly. Stock markets get ugly. Everything gets ugly very fast. It is no longer agreement for a green light, for credit markets. It is more yellow. There are still some companies with decent fundamentals but there is a lot of sectors or more sectors under pressure. Youre not getting paid an awful lot. As an investor you have to be careful. Buying quality. These days when the markets rollover it feels volatility needs to rise. Maybe that is what we are seeing. My concern is what if the market goes to 260 . That could be interesting. That is a genuine competitor to the credit market. That is where i think the bleed could be more systemic. The 800 pound gorilla is whether or not this build up of a corporate leverage which we have seen over the past few years is sustainable
Is this a couple of isolated cases or the start of something broader . Right now, it still seems more isolated. Clearly the tax package will create winners and losers. Tax reform has to happen. If it doesnt happen, it gets ugly. Stock markets get ugly. Everything gets ugly very fast. It is no longer a green light, for credit markets. It is more yellow. There are still some companies with decent fundamentals but there is a lot of sectors or more sectors under pressure. Youre not getting paid an awful lot. As an investor you have to be careful. Buying quality. These days when the markets rollover it feels volatility needs to rise. Maybe that is what we are seeing. My concern is what if the tenyear goes to 260 . That could be interesting. That is a genuine competitor to the credit market. That is where i think the bleed could be more systemic. The 800 pound gorilla is whether or not this build up of a corporate leverage which we have seen over the past few years is sustainable or does it