Yields continue to march north. Lets dive into the markets as we await jay powells speech in an hour. Those yields on the rise. Our next guest reiterating her cautious but not bearish outlook saying the risk reward for equities is not very compelling. Joining us is holly newman kroft, ranked by barrons as one of the top Financial Advisers in the United States. Welcome back. Good to see you. Good to see you both. These yields continue to rise. I think it surprised a lot of people. How does that impact the way you think about managing the portfolio . I think the way we position portfolios is we have to take advantage of the gifts the market is offering us today and also protect against risk. As yields march north, our clients can get a really attractive yield in fixed income. Were able to reposition client portfolios to get almost equitylike returns with a muni portfolio. That takes risk and volatility out of their portfolio and also positions us to take advantage of when the market come
As Iraqi Forces Advance on kir kuk. Road m as we kick off a busy week for earnings. Plus a win for workers, the white house pitching the tax cut plan countering democratic criticism and seeing middle class americans would see incomes rise. Eye on subs, netflix after the bell and is expected to hit another record today stocks are looking to hit record highs, dow and s p 500 coming off five straight weeks of gains. Yellen saying the ongoing strength will warrant a gradual increase in rates. Meantime oil prices are higher this fighting between iraqi and Kurdish Fighting escalating and wti up almost a buck. 600,000 barrels in play and you also have to believe the area being destabilized has made it at least for a couple of days you get over 50. Ive got to tell you, ive got at least a dozen Oil Companies i monday ter that will be in there selling again today. They have to sell because they are exceeding their cash flow. So when you see 52, you need to see a breakout to like 56 to realize th
Front of the universe a cafe on five transported to the emergency room at stanford hospital now in stable condition to people will require surgery to repair fractures and their lower extremity. Grosso some minor injuries crushed questioned by police the has not been arrested or cited as happened during the busy lunch hour during University Avenue a lot people watched in disbelief as the scarred from over the curb. it looked like a beacon in contact with it was worse off than he was. But as an earlier a lot of tables and some of the ground in the street from money a hit. an old guy said the car for two hours. Then the police took him. He looked 94 years old people on the ground there was still in his car he did not look like he was injured that bad even though the captain in the car for a while. drugs up hall apparently not a factor in this crash although investigation is ongoing suspended state senator lelands pleaded not guilty to racketeering in connection with sleeping fbi corruptio
Marketsen futures in the red. Fallout from the Swiss Central Bank move continues with sharp moves in the oil market. Earnings from Goldman Sachs, intel. Goldmans down 2 in premarket. Favorable and selective treatment in luxembourg. Eu lays out its case. Stocks in the midst of a fivesession losing streak. Markets continuing to absorb the surprise move by the Swiss Central Bank. Oil prices on the rise after iea slashes growth forecast for nonopec oil supply by 350,000 barrel as day, adding signs are mounting the tide will turn when it comes to price recovery. Jim, seems like currency brokers will get the lions share of the attention early on. Yeah fxcm the outfit everyones talking about, david, when i was getting made up, have you looks at fxcm i steal your thunder. Yes. You move fast in 25 minutes. When you tell me to look at something, i look at it. Downgraded to underperform. Capital raise critical for solvency. A major focus. What happened with fxcm, well get into it this hour goes o
We begin with jamie dimon, Jpmorgan Chase ceo sitting down with jim cramer in just a little while. His bank out with earnings that did handily Beat Estimates, results from rival wells fargo, also above expectations. Senator Elizabeth Warren leading a new charge to break up the banks with an updated version of the 1933 glasssteagall act. The Company Warns q2 and full year will likely fall short of expectations. And carl icahn kind of sweetens his offer for dell. Whats it going to mean for that vote next thursday . We will discuss. Big day for us here. As we said, jamie dimon will be here at the nyse. Cramer with an exclusive interview at 10 00 a. M. Eastern time. A lot of things to talk about in the program. Are you ready, skee daddy . Ive got the ceo on my left here, im listening to you guys, ive got Elizabeth Warren on squawk. Heres what i have to say. This has become a Capital Market story. Thats how theyre trying to portray it to put it in english, they have too much cash so theyre